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2021-09-30-accounts

CHRIST COMMUNITY CHURCH - LONDON CHARITY NO. 1179227

Annual Report

And

Financial Statements

Of

Christ Community Church - London (CCC)

From 01 Oct 2020 to 30 September 2021

Charity Number: 1179277

CHRIST COMMUNITY CHURCH - LONDON CHARITY NO. 1179227

Contents

Page
Legal and administrative information 1
Trustees' report 2-4
Statement of financial activities 5
Balance sheet 7
Notes to the financial statements 8-12
Independent Examiner’s report 13

Legal and administrative information

Registered Charity Number:1179277

Business Address: 81 Cornwall Square Kennings way London SE11 4JW Registered Office: 81 Cornwall Square Kennings way London SE11 4JW Board of Trustees: Tesfaye Assegedew Lemma Alemayehu Shiferaw Altaye Dr Ephrem Sahlu Chair Hermela Getahun Bankers: Lloyds Metro

1

Trustees Report

Year ended 30 September 2021

The Trustees present their first report and the financial statements for the year ended 30 September 2021. The report has been prepared in accordance with the requirement of the standard recommended practice.

Structure, governance and management

Governing Document

The organisation is Charitable Incorporated Organisation and its governing documents is CIO Foundation Constitution registered on 20 July 2018.

Appointment of Trustees

The Board has five members of Trustees of the Charity Trustees. The appointment of trustees is done in accordance with the governing documents. They receive no financial incentives except what is eligible for a Trustee. The Elders (A leadership team comprising a mixture of elected and appointed mature individuals referred to as the Core Leaders) manage the day to day administrative and spiritual activities of the Charity, supported by a team of volunteers.

Organisational Structure

The Board of Trustees consists of four people. They meet on a quarterly basis to monitor the working progress of the Church. The responsibility for running the church’s day to day administrative and spiritual activities and ensuring the provision of services rests on the Elders/Core Leaders of the Church. The Trustees are responsible for ensuring that the church delivers the services specified and that key performance indicators are met.

2

Trustees Report

Year ended 30 September 2021

Objectives and activities

Key objectives

The objectives of the charity are:

Achievement and Performance

With the gradual lifting of the lockdown during this reporting period, the momentum of activities has picked up.

The Church has continued to work on building the community of Jesus followers founded on the New Testament. Regular church services have continued uninterrupted – both in-person and online where that has not been practical and possible.

The regular weekly online teaching service introduced at the start of the pandemic continued through to June 2021 to its completion. The course had started at the height of the first lockdown in May 2020 taking advantage of the fact that we were all confined in our homes. With the gradual lifting of the lockdown attendance on the course suffered with many dropping out. The irregularity of attendance is undoubtedly the single most important factor in the methodical and systematic exposition of the book in question not hitting the mark fully. Having started with attendance of over 20 it eventually reduced to under 10 by the end of the course.

However, the church has successfully twice during this reporting period run a slightly different (but well established) course called Christianity Explored aimed at those enquiring after the faith and those seeking to reinforce the foundations of their faith. Based on the shortest gospel in the New Testament, the course takes its participants through Mark’s account of the person, life and works of the central figure of the Christian faith – Jesus Christ. The course ran over a period of eight weeks with weekly evening time sessions and one Away Day. The first instance of the course ran from March to April and was attended by 10 people. 7 people completed the second which ran from July to August 2021. This second one had a particularly unique target. It was aimed at young people from Rehoboth London Church with whom agreement had been reached to transition all youth into Christ community Church when they reach the age of 18. Even though 7 such individuals were identified only 5 were successfully transitioned and integrated into Christ community Church.

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This course has also offered opportunities for members of the church to engage in teaching and experience in running a course – 5 individuals have been trained and equipped in the delivery of the course.

Training and Equipping

On Saturday 18 September 2021 the Church was able to organise a Church Away Day not very far from London. Just over 30 people were able to attend, and the Church family was able to spend the day learning together with our guest speaker form the Forge Sphere.

The push towards online services and remote ministry as a result of the pandemic has helped the church grow and expand its technical team and ministry. Equipment has been upgraded and new members added to the team with an induction and training day held on Saturday, 26 June 2021.

On the occasion of the annual 72-hour worship event known as David’s Tent, the Worship team took advantage and attended for a day on August 28 August 2021. The purpose was to encourage and further equip the 12 people who attended for ministry.

The church leadership too was able to take a day out in July 2021 to reflect on and review the teaching ministry in the Church. This is an ongoing process as we seek to continually reflect and improve on the ministry in the Church.

Pastoral care

Pastoral care has continued to be offered and intensified pursuant to people’s needs.

The Church leadership has continued to reiterate the importance of staying connected and in fellowship with one another on the multiple platforms made available for this purpose. All are encouraged to be part of the weekly small group meetings (cells) some of which had returned to in-person formats. The Church’s Away day in September was another opportunity for the Church family to connect with and spend time with one another.

Individual pastoral meetings have also been a mainstay of pastoral care with a view to connecting with members individually and encouraging them in the faith.

Inter-church relationships

The Church’s connection with other churches in the Forge network of churches has continued to flourish and deepen. An online leaders’ retreat took place at the start of February 2021 and a Diversity seminar for all volunteers and leaders was conducted online in March 2021. The annual Forge Leaders Day was also held on Friday evening 23 April 2021, and Saturday morning 24 April 2021. All this was online and in addition to the regular contacts with the network’s apostolic leadership team.

A particular incident of note is the Forge Team’s Church plant support trip to Newquay from 26 to 28 September 2021. This was attended by many of the leaders and aimed at supporting a couple plant a new church in Newquay. The trip consisted of prayerful support and advice and counsel from the experience of the many presents who have been in church leadership for some time.

4

Closer to home, Christ community church reached a working agreement with the Londonbased Rehoboth Church – an ethnic minority church – to transition their youth into Christ community Church when they reach the age of 18. This was discussed and agreed at leadership level of both churches with a clear transition and integration pathway laid out for successive generations. The first cohort were transitioned and officially welcomed into Christ Community Church soon after.

5

Trustees Report

Year ended 30 September 2021

Financial Report

Total receipts on unrestricted funds during 12 months of reporting were £35,547. £15,948 was spent to provide the church services. The net result for the year was an excess of receipts over payments of £19,598 on unrestricted funds. Adding the balance brought forward at the start of the year, the balance carried forward as at 30 September 2021 on unrestricted fund totalled £52,516.

Reserves Policy

It is Christ Community Church policy to maintain a balance on unrestricted funds, which equates to at least three months unrestricted payments equivalent to £8,203 to cover emergency situations that may arise from time to time. This policy reviewed by the Trustees on an annual basis as part of the charity's budgeting processes.

Volunteers

The Trustees Board would like to thank all the volunteers who worked so faithfully to make the church the vibrant community that it is.

6

Annual accounts for the period ending 30 September 2021

Christ Community Church Statement of financial activities for the Year ended 30 Sep 2021

Recommended categories by
activity
Notes
Incoming resources (Note 3)
Income and endowments from:
Donations,tiths and love gifts
Note 3
Charitable activities
Other
Resources expended
Expenditure on:
Raising funds
Charitable activities
Note 4
Separate material item of expense
Other
Net gains/(losses) on investments
Extraordinary items
Other gains/(losses)
Reconciliation of funds:
Total funds brought forw ard
Total funds carried forward
Net income/(expenditure) before
investment gains/(losses)
Net income/(expenditure)
Transfers between funds
Other recognised gains/(losses):
Net movement in funds
Total
Total		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£
35,547
-
-		 -

-

-
 -
-
-		 35,547
-
-		 37,992
-
-
35,547 -
 - 35,547 37,992
- - - - -
15,948 - - 15,948 29,324
- - - - -
- - - - -
15,948 - - 15,948 29,324
19,598 - - 19,598 8,668
- - - - -
19,598
-		 -
-		 -

-		 19,598
-		 8,668
-
- - -
 - -
- - - - -
19,598 - - 19,598 8,668
32,918 - - 32,918 24,250
52,516 - - 52,516 32,918

7

Christ Community Church-London

Balance sheet as at 30 September 2021

----- Start of picture text -----
Restricted
Unrestricted income Endowment Total this
funds funds funds year Prior year
Notes £ £ £ £ £
Fixed assets F01 F02 F03 F04 F05
Intangible assets - - - - -
Tangible assets Note 5 1,065 - - 1,065 1,421
Heritage assets - - - - -
Investments - - - - -
Total fixed assets 1,065 - - 1,065 1,421
Current assets
Stocks - - - - -
Debtors & Prepayment - - - - -
Investments - - - - -
Cash at bank and in hand Note 6 51,451 - - 51,451 35,931
Total current assets 51,451 - - 51,451 35,931
Creditors: amounts falling due
within one year Note 7 - - - - (4,433)
Net current assets/(liabilities) 51,451 - - 51,451 31,498
Total assets less current liabilities 52,516 - - 52,516 32,919
Creditors: amounts falling due
after one year - - - - -
Provisions for liabilities - - - - -
Total net assets or liabilities 52,516 - - 52,516 32,919
Funds of the Charity
Endowment funds - - -
Restricted income funds - - -
Unrestricted funds Note 8 52,516 - 52,516 32,918
Revaluation reserve -
Total funds 52,516 - - 52,516 32,918
----- End of picture text -----

The notes at pages 8 to 12 form part of these accounts.

Approved by the trustees on 6 July 2022 and signed on their behalf by:

Dr Ephrem Sahlu ………………………………………………………………………………..

8

Notes to the Accounts

(a) Basis of preparation

1. Accounting Policies

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:

The Statement of Recommended Practice Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014

the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with Charities Act 2011

1.1 Going concern

Based on the projection of the charity performance, the board of trustees is of the opinion that Rehoboth Church London has adequate resources to continue in operational existence for the foreseeable future.

1.2 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period.

1.3 Material prior year errors

No material prior year error has been identified in the reporting period (3.47 FRS 102 SORP).

2. INCOME

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations, are recognised when the Trust has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

The charity hasn’t yet received any legacy. However, if there is a Legacy gift, it will be recognised on a case-by-case basis following the granting of probate when the administrator/executor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset having been transferred to the charity.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

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3. Analysis of income

----- Start of picture text -----
Analysis Unrestricted Restricted Endowment Total funds 2020
funds income funds
funds
£ £
Donations Donations,church offerings,tiths and love
and gifts for the period 35,547 - - 35,547 37,992
legacies: Gift Aid - - - - -
- - - - -
Legacies
General grants provided by
- - - - -
government/other charities
Membership subscriptions and
sponsorships which are in substance
donations - - - -
Donated goods, facilities and services - - - - -
Other(Members offering) - - -
Total 35,547 - - 35,547 37,992
TOTAL INCOME 35,547 - - 35,547 37,992
Analysis of Expenditures
Restricted
Prior year
Unrestricted income Endowment Total funds
2020
funds funds funds
Analysis £ £
Expenditure on Incurred seeking donations - - - - -
raising funds: Incurred seeking legacies - - - - -
Total expenditure on raising funds - - - - -
Hall Rent for prayer gatherings 6,301 - - 6,301 12,225
General expenses 3,449 - - 3,449 7,321
Charitable Funding 1,125 - - 1,125 5,307
Expenditure on Refreshment and other expenses - -
1,327 1,327 1,389
charitable
activities Transport 449 - - 449 1,186
Insurance 417 - - 417 129
Internet, zoom and other expenses - -
2,526 2,526 1,128
- - - - -
Total expenditure on charitable activities
15,593 - -
15,593 28,685
TOTAL EXPENDITURE 15,593 - - 15,593 28,685
----- End of picture text -----

4. Analysis of Expenditures

10

5. Tangible fixed asset

Freehold land
& buildings
Choir Gown		 Plant, office
equipment		 Music
equipment		 Total
At the beginning of
the year		 - - - 2,561 2,561
Additions - - - - -
Revaluations - - - - -
Disposals - - - - -
Transfers - - - - -
At end of the year - - - 2,561 2,561

5.2 Depreciation and impairments

Basis Basis RB RB RB RB RB Reducing
Balance
("RB")
Rate 25%
At beginning of the
year		 - - - 1,140 1,140
Disposals - - - - -
Depreciation - - - 355 355
Impairment - - - - -
Transfers - - - - -
At end of the year - - - 1,495 1,495

5.3 Net book value

Net book value at the
beginning of the year		 - - - 1,421 1,421
Net book value at the
end of the year		 - - - 1,066 1,066

6. Cash at bank and in hand

2021
£		 2020
£
Short term cash investments(less than 3 months maturity date) - -
Short term deposits - -
Cash at bank and on hand 51,451 35,931
Other - -
Total 51,451 35,931

11

NOTE 7. CREDITORS

----- Start of picture text -----
2021 2020
£ £
Short term Creditirs (less than 1 Year) - -
Other - -
- 4,433
- -
Total - 4,433
----- End of picture text -----

NOTE 8. CHARITY FUND

----- Start of picture text -----
Fund Fund
balances balances
Type PE, EE Purpose and brought Gains and carried
R or UR * Restrictions
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Unristricted Fund UR 32,918 35,547 15,948 - - 52,516
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 32,918 35,547 15,948 - - 52,516
----- End of picture text -----

12

Independent examiner’s report to the trustees on the unaudited financial statement.

I report on the account of Christ Community Church London for the year ended 30 September 2021 set out on pages 5 to 12.

Respective responsibilities of trustees and independent examiner

The charity’s trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the 2011 Act, to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act; and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination was carried out in accordance with the 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 you as 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.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that in any material respect the requirements: · to keep proper accounting records in accordance with section 386 of the Company Act 2006; and

  2. to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the company Act 2006 and with methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or

  3. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached

…………………………………………………………………….

Independent examiner

Solomon Gebreselassie

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