Causeway Community Church
Report and Accounts Year ended 30 September 2022
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
CAUSEWAY COMMUNITY CHURCH
LEGAL & ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
ADDRESS FOR CORRESPONDENCE The Causeway Potters Bar EN6 5HQ GOVERNING DOCUMENT CHARITY REGISTRATION NUMBER 1177219 TRUSTEES RESPONSIBLE FOR Spencer Henry Critoph MANAGING THE CHARITY John Pilgrim Critoph James Martyn Wheatley
CIO constitution dated 14/11/2017
INDEPENDENT EXAMINER
Sarah Crispin (ACA) Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
INDEX
Page 1 Legal & Administrative Details Pages 2-3 Trustees' Report Page 4 Independent Examiner's Report Page 5 Receipts and Payments Account Page 6 Statement of Assets & Liabilities Pages 7-8 Notes to the Accounts
1
Causeway Community Church Report of the Trustees
The trustees present their annual report and financial statements for the year ended 30th September 2022.
Structure, governance and management
Causeway Community Church is a Charitable Incorporated Organisation (CIO) registered by the Charity Commission for England and Wales on 19th February 2018. The CIO was created for the purposes of continuing the long-standing ministry of the church previously known as Causeway Free Church.
The trustees (who are also elders) are responsible for the management of the church in accordance with the Church Constitution and Handbook. The trustees who served during the year are listed on page 1.
The church is affiliated to the Fellowship of Independent Evangelical Churches (FIEC).
Object and review public benefit
The purposes of the church, as set out in its governing documents, are (1) the advancement of the Christian faith in accordance with the Basis of Faith of the FIEC, primarily but not exclusively within Potters Bar and the surrounding neighbourhood together with its advancement throughout the United Kingdom and the world; and (2) such other charitable purposes as shall, in the opinion of the trustees, further the work of the church.
In planning the activities of the church the trustees have applied the guidance on public benefit issued by the Charity Commission.
The church seeks to serve the local community by providing a place of worship, prayer and Bible teaching. We regularly promote and publicise our activities in the local community.
The church holds Sunday morning services and mid-week prayer and bible study meetings. In addition, the church runs a number of other activities and events with the objective of making and developing contact with members of the local community who do not usually attend church. These activities include regular coffee mornings, an English club for those who want to improve their spoken and written English, a parents and toddlers group and services at local care homes for the elderly.
We are thankful to God for his continued financial provision for the work of the church. We count it a privilege to have been able to continue to support our 'mission partners' working for missionary societies in the UK and overseas and that we have been able to continue to reach out into our local community with God's love and care.
Financial review
This year the trustees have changed the basis on which the accounts are prepared, and these accounts have been prepared on a ‘receipts and payments’ basis (see notes 1 and 6 to the accounts). This has been done in order to minimise the costs of the Independent Examiner.
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During the year to September 2022, total receipts amounted to £63,662 (2021: £61,112). These were almost entirely comprised of collections, offerings and other donations from members by standing orders, together with the associated gift-aid claimed.
Total payments for the year totalled £53,615 (2021: £51,297). As a result, cash held by the church increased by £10,048 to £118,271 all of which is unrestricted and can be used for any of the charitable purposes of the church.
As stated above, accumulated funds at the year-end amounted to £118,271. The balance on the General Fund of £88,271 remains substantial in relation to the size of the church but is maintained in order to fund potential future expenditure on improvements to the facilities offered by our church building. The balance on the trustees' discretionary fund remains at £30,000. This fund is maintained in order to ensure that the church always retains reserves amounting to approximately six months of operating costs so that the church could continue to operate should income and/or expenditure vary adversely.
During the financial year the ownership of the church building was transferred from Western Counties and South Wales Evangelisation Trust (Charity Commission registered number 234557) to the Causeway Community Church CIO.
Trustees’ responsibilities
Charity law requires the trustees to prepare financial statements for each financial year. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the church and enable us to ensure that the financial statements comply with the Charities Act 2011. We are also responsible for taking reasonable steps for the prevention and detection of fraud and other irregularities, and safeguarding assets.
Nominations for a new trustee (or the re-appointment of an existing trustee) are made by the existing trustees. Nominations are then approved (or otherwise) by members at a church members’ meeting.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees have taken appropriate steps to mitigate key risks identified.
Signed on behalf of the trustees
James Martyn Wheatley
James Martyn Wheatley Date: 13 March 2023
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INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
CAUSEWAY COMMUNITY CHURCH
I report to the trustees on my examination of the accounts of Causeway Community Church ('the charity') for the year ended 30 September 2022 on pages 5 to 8 following.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in accordance with section 130 of the 2011 Act; or
- the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Sarah Crispin
Sarah Crispin (ACA)
Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: 23 March 2023
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CAUSEWAY COMMUNITY CHURCH
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2022
| Notes Income receipts Donations Gift aid receipts Income from letting of facilities Other Total receipts Payments 2 3 Total payments Transfers between funds 5 Net movement in funds Cash funds as at last year end Cash funds at this year end A Net of receipts / (payments) before transfers Grants paid in relation to charitable activities undertaken by others Payments in relation to charitable activities undertaken directly |
General Designated Funds Funds £ £ 52,865 - 8,773 - - - 49 - 61,687 - 49,493 - 2,146 - 51,639 - 10,048 - - - 10,048 - 78,223 30,000 88,271 30,000 Unrestricted Funds |
Restricted Funds £ 1,975 - - - 1,975 1,570 405 1,975 - - - - - |
2022 £ 54,841 8,773 - 49 63,662 51,063 2,551 53,615 10,048 - 10,048 108,223 118,271 |
2021 £ |
|
|---|---|---|---|---|---|
| General Funds £ 52,865 8,773 - 49 61,687 49,493 2,146 51,639 10,048 - 10,048 78,223 88,271 |
|||||
| 50,981 9,972 150 10 |
|||||
| 61,112 | |||||
| 49,747 1,550 |
|||||
| 51,297 | |||||
| 9,815 - |
|||||
| 9,815 98,408 |
|||||
| 108,223 |
The notes on pages 7 - 8 form part of these accounts.
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CAUSEWAY COMMUNITY CHURCH
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2022
| Notes A Cash funds Cash at bank with immediate access Petty cash B Other monetary assets Gift aid due to charity Prepayments Rent deposit C Liabilities Falling due within one year Trade creditors Taxes due Fee for Independent Examination Accrued expenses Total |
General Designated funds funds £ £ 88,161 30,000 110 - 88,271 30,000 4,784 - 392 - 1,557 - 6,733 - 119 - 186 - 1,050 - - - 1,355 - 1,355 - Unrestricted Funds |
Restricted funds £ - - - - - - - - - - - - - |
2022 £ 118,161 110 118,271 4,784 392 1,557 6,733 119 186 1,050 - 1,355 1,355 |
2021 £ |
|---|---|---|---|---|
| 108,223 - |
||||
| 108,223 | ||||
| 3,583 370 1,557 |
||||
| 5,510 | ||||
| 357 199 - 282 |
||||
| 838 | ||||
| 838 |
D Assets retained for charity's own use
| Causeway Community Church building (Freehold) Gas central heating IT & audio visual equipment |
Fund to which asset belongs |
|---|---|
| Unrestricted Unrestricted Unrestricted |
F Guarantees and secured debts
The charity has not given any guarantees and has not provided its assets as security for any liabilities.
The accounts were approved by the trustees and signed on their behalf by:
James Martyn Wheatley
J.M.Wheatley
Date: 13 March 2023
The notes on pages 7 - 8 form part of these accounts.
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CAUSEWAY COMMUNITY CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
1 Accounting policies
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
In the previous year, the charity presented accounts prepared on the accruals basis using the Charities SORP. However, in the current year the charity has taken advantage of the option to prepare its accounts on a receipts and payments basis and the results reported previously have been restated; further information is given in note 7 below.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
| 2 Payments in relation to charitable activities undertaken directly Employment costs (see note 4) Ministry expenses Establishment costs Governance costs 3 Grants paid in relation to charitable activities undertaken by others Grants to institutions: OMF International (UK) Wycliffe Bible Translators Open Air Campaigners SIM UK ECM International |
Unrestrict | Designated funds £ - - - - - - - - - - - ed Funds |
Restricted Funds £ - 1,570 - - 1,570 - - - - 405 405 |
Total 2022 £ 35,534 2,854 9,326 3,350 51,063 863 458 450 375 405 2,551 |
Total 2021 £ |
|
|---|---|---|---|---|---|---|
| General funds £ 35,534 1,284 9,326 3,350 49,493 863 458 450 375 - 2,146 |
||||||
| 33,806 428 11,710 3,803 |
||||||
| 49,747 | ||||||
| 750 400 400 - - |
||||||
| 1,550 |
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CAUSEWAY COMMUNITY CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
4 Transactions with related parties
Spencer Critoph served as church leader and was paid £16,740 (2021: £16,306) for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.
In addition the charity incurred expenditure totalling £16,200 (2021: £16,200) in respect of the provision of accommodation (which is customary for ministers) for Spencer Critoph, who is a trustee so that he could better perform his duties.
The cleaning of the interior of the church building was carried out by Critoph Cleaning Services, a business operated by the son of John Critoph and the brother of Spencer Critoph (both trustees). The total payments made during the year amounted to £2,352 (2021: £462). Neither of the Critoph trustees were involved in awarding the work to Critoph Cleaning Services or agreeing the amounts paid.
During the year, £375.00 was paid to SIM UK (Serving in Mission, a UK Charity) to support a mission trip by Jemima Wheatley to Lebanon. She is the daughter of Martyn Wheatley. Martyn Wheatley was not involved in the Trustees’ decision to make this donation.
5 Movement of funds
| General funds Designated funds Trustees' Fund Restricted funds Individuals in need ECM International Ukraine Fund Total funds |
Opening balance £ 78,223 30,000 30,000 - - - 108,223 |
Receipts £ 61,687 - - 1,570 405 1,975 63,662 |
Payments £ (51,639) - - (1,570) (405) (1,975) (53,615) |
Transfers £ - - - - - - - |
Closing balance £ 88,271 30,000 |
|---|---|---|---|---|---|
| 30,000 | |||||
| - - |
|||||
| - | |||||
| 118,271 |
Designated Funds
The Trustees' Fund relates to unrestricted funds which have been set aside by the trustees as a reserve against unexpected or unforeseen expenditure.
Restricted Funds
The Individuals in need fund relates to restricted donations given for specific individuals. The ECM International Ukraine fund relates to money donated at 2 church events for Ukraine.
6 Reconciliation with previously reported funds
As explained in note 1 'Accounting Policies', in the previous year the charity prepared its accounts using the accruals basis; in the current year the charity has taken advantage of the option to prepare its accounts on a receipts and payments basis. The comparatives presented in these accounts have been re-stated using the receipts and payments basis and a reconciliation with the reserves and results reported previously follows:
Reconciliation of reserves
| Previously reported reserves, at 30 September Adjustments arising from use of receipts and payments basis: Exclusion of previously included fixed assets Exclusion of previously included debtors Exclusion of previously included creditors Re-stated reserves, at 30 September Previously reported results Adjustments arising from use of receipts and payments basis: Previously capitalised expenditure, less depreciation, now expensed Excluded movements in debtors resulting in the recognition of more / (less) income Excluded movements in creditors resulting in the recognition of less / (more) expenditure Re-stated results Reconciliation of results |
2021 £ 119,420 (6,525) (5,510) 838 108,223 2021 £ 14,620 (6,525) 1,218 502 9,815 |
2020 £ 104,800 - (6,728) 336 |
|---|---|---|
| 98,408 | ||
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