Trustees' Annual Report for the period From 1 January 2020 to 31 December 2020. Charity name: Rugby United Pentecostal Church Charity registration number: 1177300
The charity has operated according to the agreed terms and conditions of the Trust Deed. The sub- group has continued to be efficient and have consulted with the trustees on a regular basis. Church affairs continue to run smoothly and church services have been regular via virtual means due to Covid -19 and continue to meet the needs of the congregation and community.
The main source of funding remains as tithes and offering and the Good to Give claim from the inland revenue. Due to Covid-19, the local ballet school and the adult day care that we housed had to shutdown to abide by the Government regulations. Only recently have we returned to renting out at very reasonable rates the church hall to the same local ballet school that occupied before the lockdown. The adult day care group are in the process of also trying to return to the hall. These have previously been reliable sources of income and we expect that they will continue to be so in the future, the sub- group reviews these sources of income on a regular basis.
The expenditure has remained in line with expectations. We are glad to say that we have cleared the mortgage and loan debt and the church property is now wholly owned by the Church.
We are also pleased to say that at the AGM we have agreed to increase our Pastors’ out of pocket expenses by 50% on last year’s payment, this will show up in next year’s submission.
The balances in the deposit and current account are healthy at a total of £16207.07, and in case of emergency it is also at a healthy level to maintain the building and the requirements of the church. The income over expenditure is predicted to return to the previously healthy state now that we have cleared the mortgage debt of £44523.
Declarations.
The Trustees declare that they have approved the Trustees report above. Signed on behalf of the Charity’s Trustees. Signature. MHA.Frederick , full name: Macdonald Henry Augustus Frederick Position: Chair of Trustees. Date: 21.8.21
All Trustees:
Macdonald Henry Augustus Frederick Leopold Anthony Frater Everton Hayles Reid
| Income Offerings: Sunday Morning Sunday Evening Tithes Missions Rent of hall Funeral Service Gift Aid Good to Give Miscellaneous income Donation District Conference reimbursement Total income |
3,043 £ - £ 28,568 £ 128 £ 5,327 £ 82 £ 1,322 £ - £ - £ 17 £ 869 £ 39,356 £ |
Annual General Meeting of Rugby United Pentecostal Church Accounts for the period 1/ 1/ 20 to 31/ 12 /20 Expenditure Catering costs Pastor's stipend Church insurance Gas Electricity District subscriptions Stationery and printing Christmas for Christ Missions Speaker costs Conference pledge Consultancy fees Gifts postage Thirtyoneeight CCLI Pentecostal truths CCPAS Cleaning Loan payments Trophies Building repairs New Church computer Mortgage payments capital Mortgage payments interest Total Expenditure |
569 £ 2,400 £ 1,120 £ 2,464 £ 1,378 £ 150 £ 4 £ 500 £ 500 £ 600 £ - £ - £ - £ 8 £ 129 £ 359 £ - £ - £ - £ 24,141 £ - £ 552 £ 1,000 £ 19,227 £ 1,155 £ 56,256 £ |
Deposit Account Opening Balance 1/1/20 18,571.31 Interest 4.92 Rental income 1,200.00 Transfer toCurrent Account (12,500.00) Closing Balance 31/12/20 7,276.23 Current Account Opening Balance 1/1/20 18,370.36 Income over expenditure (16,899.52) less rental income (1,200.00) Transfer from Deposit Account 12,500.00 Uncleared cheques (938.00) income not yet banked (2,902.00) Balance at 31/12/20 8,930.84 Mortgage Account Balance at 31/12/20 0.00 Loan Account Balance at 31/12/20 0.00 |
Deposit Account Opening Balance 1/1/20 18,571.31 Interest 4.92 Rental income 1,200.00 Transfer toCurrent Account (12,500.00) Closing Balance 31/12/20 7,276.23 Current Account Opening Balance 1/1/20 18,370.36 Income over expenditure (16,899.52) less rental income (1,200.00) Transfer from Deposit Account 12,500.00 Uncleared cheques (938.00) income not yet banked (2,902.00) Balance at 31/12/20 8,930.84 Mortgage Account Balance at 31/12/20 0.00 Loan Account Balance at 31/12/20 0.00 |
|---|---|---|---|---|---|
Acco |
|||||
| 0.00 0.00 |
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
In connection with my examination, no matter has come to my attention
-
which gives me reasonable cause to believe that in, any material respect, the requirements:
-
a. to keep accounting records in accordance with section 130 of the Charities Act; and
-
b. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
-
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Martin Sparrow ICPA (Fellow) FCMI (Fellow) Suretax Accounting
02 March 2021
| Income Offerings: Sunday Morning Sunday Evening Tithes Missions Rent of hall Funeral Service Gift Aid Good to Give Miscellaneous income Donation District Conference reimbursement Total income |
3,043 £ - £ 28,568 £ 128 £ 5,327 £ 82 £ 1,322 £ - £ - £ 17 £ 869 £ 39,356 £ |
Annual General Meeting of Rugby United Pentecostal Church Accounts for the period 1/ 1/ 20 to 31/ 12 /20 Expenditure Catering costs Pastor's stipend Church insurance Gas Electricity District subscriptions Stationery and printing Christmas for Christ Missions Speaker costs Conference pledge Consultancy fees Gifts postage Thirtyoneeight CCLI Pentecostal truths CCPAS Cleaning Loan payments Trophies Building repairs New Church computer Mortgage payments capital Mortgage payments interest Total Expenditure |
569 £ 2,400 £ 1,120 £ 2,464 £ 1,378 £ 150 £ 4 £ 500 £ 500 £ 600 £ - £ - £ - £ 8 £ 129 £ 359 £ - £ - £ - £ 24,141 £ - £ 552 £ 1,000 £ 19,227 £ 1,155 £ 56,256 £ |
Deposit Account Opening Balance 1/1/20 18,571.31 Interest 4.92 Rental income 1,200.00 Transfer toCurrent Account (12,500.00) Closing Balance 31/12/20 7,276.23 Current Account Opening Balance 1/1/20 18,370.36 Income over expenditure (16,899.52) less rental income (1,200.00) Transfer from Deposit Account 12,500.00 Uncleared cheques (938.00) income not yet banked (2,902.00) Balance at 31/12/20 8,930.84 Mortgage Account Balance at 31/12/20 0.00 Loan Account Balance at 31/12/20 0.00 |
Deposit Account Opening Balance 1/1/20 18,571.31 Interest 4.92 Rental income 1,200.00 Transfer toCurrent Account (12,500.00) Closing Balance 31/12/20 7,276.23 Current Account Opening Balance 1/1/20 18,370.36 Income over expenditure (16,899.52) less rental income (1,200.00) Transfer from Deposit Account 12,500.00 Uncleared cheques (938.00) income not yet banked (2,902.00) Balance at 31/12/20 8,930.84 Mortgage Account Balance at 31/12/20 0.00 Loan Account Balance at 31/12/20 0.00 |
|---|---|---|---|---|---|
Acco |
|||||
| 0.00 0.00 |
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
In connection with my examination, no matter has come to my attention
-
which gives me reasonable cause to believe that in, any material respect, the requirements:
-
a. to keep accounting records in accordance with section 130 of the Charities Act; and
-
b. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
-
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Martin Sparrow ICPA (Fellow) FCMI (Fellow) Suretax Accounting
02 March 2021