## Trinity Church Littlehampton Report and Accounts Year ended 31st March 2021 1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk ## **TRINITY CHURCH LITTLEHAMPTON** ## **LEGAL & ADMINISTRATIVE DETAILS** ## **FOR THE YEAR ENDED 31 MARCH 2021** ADDRESS FOR CORRESPONDENCE 16 Kent Road Littlehampton West Sussex BN17 6LG GOVERNING DOCUMENT CIO Constitution dated 30 April 2018 CIO Charity registered 27 June 2018 CHARITY REGISTRATION NUMBER 1178966 TRUSTEES RESPONSIBLE FOR Alex BEAKEN MANAGING THE CHARITY Ruth COBB (resigned 27 July 2021) (all appointed on registration) Simon OSBORNE Jonathan STEELE (resigned 12 October 2021) Philip BROWN Mark THORNET (appointed 23 March 2021) Carolyn SAUNDERS (appointed 1 September 2021) BANKERS CafBank 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ INDEPENDENT EXAMINER Lisa Darby Stewardship 1 Lamb's Passage LONDON EC1Y 8AB **INDEX** Page 1 Legal & Administrative Details 2-3 Trustees' Report 4 Independent Examiner's Report 5 Receipts and Payments Account 6 Statement of Assets & Liabilities 7 Notes to the Accounts 8 Detailed Receipts and Payments Account 1 ## **TRINITY CHURCH LITTLEHAMPTON** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 MARCH 2021** The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 March 2021. ## **Objects of the charity** The charity, which is a church, is governed by a constitution and is constituted as a charitable incorporated organisation. The charity's principal objects, as set out in its governing document, are: 1. To advance the Christian faith by such means as the charity shall determine from time to time. 2. To relieve persons who are in conditions of need, hardship or distress as a result of local or international disaster or by reason of their social, medical or economic circumstances. 3. To educate and assist young persons through their leisure time activities so as to develop their physical, mental and spiritual capacity that they may grow to full maturity as individuals and members of society and that their conditions of life may be improved. 4. To advance education in family life, in marriage and family relationships, in particular but not exclusively by the organization of courses for the teaching of the skills of parenthood. 5. To advance Christian religious education and training. Most the charity's activities are undertaken by volunteers and the charity could not operate effectively without their efforts. In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission. ## **Review of the Years' Activities** Trinity Church Littlehampton has continued to grow In membership with local residents joining the church community during the financial year, benefitting from teaching and pastoral support provided by the church leadership. Many of these new members have become actively involved in community groups through which practical and emotional support is offered. The church continued to employ a part time member of staff to provide leadership and support the various community groups and other ministries within the church. During COVID we continued to provide online services which also allowed those who didn’t have online access to view our meetings and share in the work of the church. The pandemic continued to have an impact on giving but on a like for like basis the reduction is small and doesn’t impede the charitable aims of the church ## **Financial review** During the year income received totalled £58,225 (2020:£56,627) and expenditure totalled £45,140 (2020: £18,539). As a result the cash held by the charity at the period end increased by £13,085 to £99,461, all of which is unrestricted. There were no payments made to Trustees other than the reimbursement of expenses. 2 ## **Reserves policy** The charity does not at present have a formal policy for holding reserves. The Trustees have intentionally waited until the regular income received by TCL is understood, as this is deemed key in determining the policy and reasons for holding reserves, but this will be developed. The Trustees are confident that the current level of cash reserves is adequate. The charity has been running with a stable income that significantly exceeds its expenditure, such that the Trustees have been able as part of the budget to allocate funds to savings for various purposes and thereby plan for future growth and development of the charity's activities. An example is to plan for the purchase or replacement of key equipment as required so that reliance on loans can be minimised or avoided. With employment of a staff member, there is also the requirement to maintain reserves sufficient to pay contractual notice should redundancy ever be required. ## **Funds in deficit** No funds were in deficit at year end ## **Governance** Trinity Church Littlehampton has a Constitution and a Basis of Faith as its governing documents. This was accepted on 27th June 2018. New trustees would be appointed by the charity’s current trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skill, knowledge and experience needed for the effective administration of the CIO. ## **Risk statement** The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks. ## **Responsibilities of trustees** Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year. We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities. ## **Approval** This report was approved by the trustees and signed on their behalf by: Simon Osborne Date: 20 January 2022 3 ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF** ## **TRINITY CHURCH LITTLEHAMPTON** I report to the trustees on my examination of the accounts of Trinity Church Littlehampton ('the charity') for the year ended 31 March 2021 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 2. 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. Lisa Darby Stewardship 1 Lamb's Passage LONDON EC1Y 8AB Date: 24 January 2022 4 ## **TRINITY CHURCH LITTLEHAMPTON** ## **RECEIPTS AND PAYMENTS ACCOUNT** ## **FOR THE YEAR ENDED 31 MARCH 2021** |Notes
**_Income receipts_**
Donations, legacies and grants
Gift aid receipts
Bank interest
**_Total receipts_**
**_Payments_**
2
**_Total payments_**
Transfers between funds
**Net movement in funds**
3
Cash funds as at last year end
**Cash funds at this year end**
Net
of
receipts
/
(payments)
before
transfers
Payments in relation to charitable activities
undertaken directly|General
Funds
£
40,849
11,893
523
53,265
39,470
39,470
13,795
13,795
85,666
99,461
Unrestricted|Restricted
Funds
£
4,225
735
-
4,960
5,670
5,670
710
-
710
-
710
-|2021
£
45,074
12,628
523
58,225
45,140
45,140
13,085
-
13,085
86,376
99,461|2020
£
45,748
10,589
290
56,627
18,539
18,539
38,088
-
38,088
48,288
86,376| |---|---|---|---|---| The notes on page 7 form part of these accounts. 5 ## **TRINITY CHURCH LITTLEHAMPTON** ## **STATEMENT OF ASSETS AND LIABILITIES** ## **FOR THE YEAR ENDED 31 MARCH 2021** |**A Cash funds**
Cash at bank with immediate access
Notice deposits
**B Other monetary assets**
Gift aid due to charity
Prepayments
**C Liabilities**
HMRC re PAYE due
Grant Commitment
Fee for Independent Examination|Unrestricted
General
funds
£
16,648
82,813
**99,461**
100
-
**100**
972
**972**|Restricted
funds
£
-
-
**-**
-
**-**
-
**-**|2021
2020
£
£
16,648
20,086
82,813
66,290
**99,461**
**86,376**
100
2,535
-
-
**100**
**2,535**
-
487
-
2,000
972
600
**972**
**2,600**| |---|---|---|---| ## **D[Assets retained for charity's own use]** |Music and PA equipment|Cost
Cost
£
£
5,166
1,291
5,166
1,291| |---|---| Includes equipment donated by Jubilee Church Worthing at cost. ## **E 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 Simon Osborne date:20 January 2022 The notes on page 7 form part of these accounts. 6 ## **TRINITY CHURCH LITTLEHAMPTON** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2021** ## **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. 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. |Unrestricted
funds
£
**2**
**Payments in relation to charitable activities undertaken directly**
Charitable Grant
26,440
Rent
-
Support services
2,992
Staff costs
7,340
Outreach Activities
439
Work among the Young
383
Minor equipment
1,200
Conference costs
140
Other costs
536
39,470
Redeemer Church, Worthing
19,240
Regions Beyond UK
1,200
Regions Beyond Global
-
Creative Heart
2,000
Philippines Church plant
2,000
Turning Tides
2,000
26,440
Grants were made during the year as follows:|Restricted
Funds
£
5,670
-
-
-
-
-
-
-
-
5,670
760
-
4,910
-
-
-
5,670|Total
2021
£
32,110
-
2,992
7,340
439
383
1,200
140
536
45,140
20,000
1,200
4,910
2,000
2,000
2,000
32,110|Total
2020
£
5,043
2,486
2,005
1,138
2,326
581
638
2,208
2,114
18,539
-
1,200
3,843
-
-
-
5,043| |---|---|---|---| The grant of £20,000 to Redeemer Church, Worthing was given for the refurbishment of facilities within the Guildbourne Centre, Worthing. ## **3 Movement of funds** |General funds
Restricted funds
Redeemer Church
Regions Beyond
Total funds|Opening
balance
£
85,666
710
-
710
86,376|Receipts
£
53,265
50
4,910
4,960
58,225|Payments
£
39,470
-
760
-
4,910
-
5,670
-
45,140
-|Closing
balance
£
99,461
-
-
-
99,461| |---|---|---|---|---| 7 ## **TRINITY CHURCH LITTLEHAMPTON** ## **DETAILED RECEIPTS AND PAYMENTS ACCOUNT** ## **FOR THE YEAR ENDED 31 MARCH 2021** |Notes
**_Income receipts_**
Donations, legacies and grants
Gift aid receipts
Bank interest
**_Total receipts_**
**_Payments_**
2
**_Total payments_**
Transfers between funds
**Net movement in funds**
Cash funds as at last year end
**Cash funds at this year end**
Net
of
receipts
/
(payments)
before
transfers
Payments
in
relation
to
charitable
activities undertaken directly|General
Designated
Funds
Funds
£
£
40,849
-
11,893
-
523
-
53,265
-
39,470
-
39,470
-
13,795
-
-
13,795
-
85,666
-
99,461
-
Unrestricted Funds|Restricted
Funds
£
4,225
735
-
4,960
5,670
5,670
710
-
-
710
-
710
0|2021
£
45,074
12,628
523
58,225
45,140
45,140
13,085
-
13,085
86,376
99,461|General
Designated
Funds
Funds
£
£
41,759
-
10,024
-
290
-
52,074
-
12,032
0
12,032
-
40,042
-
301
-
-
39,741
-
45,925
-
85,666
-
Unrestricted Funds|Restricted
Funds
2020
£
£
3,988
45,747
565
10,589
-
290
4,553
56,627
6,507
18,539
6,507
18,539
1,954
-
38,088
301
-
1,653
-
38,088
2,363
48,288
710
86,376| |---|---|---|---|---|---|