**CHRIST COMMUNITY CHURCH - LONDON CHARITY NO. 1179227**
## Annual Report
## And
## Financial Statements
## Of
Christ Community Church - London (CCC)
From 01 Oct 2021 to 30 September 2022
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 2022**
The Trustees present their first report and the financial statements for the year ended 30 September 2022. 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 Incorporation Organisation and its governing documents is CIO Foundation Constitution registered on 20 July 2018.
## **Appointment of Trustees**
The Board has four 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 2022**
## **Objectives and activities**
## **Key objectives**
The objectives of the charity are:
- 1) To advance the Christian faith for the benefit of the public in accordance with the Statements of Faith, particularly but not exclusively, through the provision of Christian education, prayer meetings and pastoral support.
- 2) To relieve sickness and poverty and to promote general health and wellbeing through the provision of funds, goods or services of any kind, including counselling and practical advice and support.
- 3) To advance education of the general public in the area of Christian faith.
## **Achievement and Performance**
The Church has continued its work in line with its stated objectives through regular weekly meetings offering instruction and encouragement in the faith through systematic teaching and study of the Holy Scriptures. The flagship Sunday morning worship service returned to in person meetings while the other two church services (Wednesday evening prayer and midweek local gathering) adopted a hybrid format which seems to work well for all concerned.
A key progression during this reporting period has been the shift in momentum experienced as a result of local cells (small groups) taking on responsibility for hosting the whole church’s Sunday service on a rotating basis. This was introduced in November 2021 with the aim of immersing _the entire Church body_ into the next level of the Church’s long-term vision. This was very soon (six months later) followed up with the added responsibility of each local cell serving the entire Church body an “Agape Fellowship lunch” on a quarterly basis. This inclusion and involvement of the wider church members on the Sunday service has served to foster a sense of greater ownership of the church’s vision. It will no doubt also serve as an ideal platform from which to launch into the next stage of the vision.
During this reporting period, the Church also returned to hosting its annual family retreat at the start of the calendar year. In January 2022 this residential retreat was held from 7 – 9 January 2022 in Ashburnham Christian centre with 45 adults and two toddlers attending. The retreat’s theme was the Church as the Body of Christ and God’s chosen dwelling place.
This reporting period also saw the established Christianity explored course being run twice – one in February 2022 (01/02/22 – 15/03/22) and the other in July 2022 (24/07/22 – 15/09/22). There were five attendees on both occasions. The July 2022 cohort were primarily young people form Rehoboth Church London – the sister church with whom agreement was struck to channel their youth into CCC as they transitioned into young adulthood. The course is aimed at those enquiring after the faith and those seeking to reinforce the foundations of
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their faith and based on the shortest gospel in the New Testament focusing on life and works of the central figure of the Christian faith – Jesus Christ. It is used to ground and establish those joining the Church in the foundations of the Christian faith offering them the opportunity to explore its source and roots.
The Christianity Explored course has also offered opportunities for members of the church to engage in teaching and experience in running a course – 3 individuals have consolidated their training and equipping in the delivery of the course.
Another key moment of significance for CCC was the sudden and unexpected change of regular meeting space. Although this occurred as result of unforeseen adversity, it has, however, resulted in positioning the church in an ideal place ready and poised for the next stage of its vision. This had been a testing period for the Church but has eventually turned out to be for the best.
Since November 2022 the church has embarked on a new 3:1 Sunday rhythm. Three Sundays a month the service is held centrally in Kings cross while the remaining Sunday service is held in 4 locations across London closer to where people live – in their native environments. This current rhythm serves as a forerunner of the regional missional communities the church desires to plant locally.
## **Training and Equipping**
The monthly stewards’ meetings for those serving in various leadership roles across the church is one of the church’s prime platforms for training and equipping.
The annual Forge Leaders’ Day in April 2022 was an opportunity for encouragement and networking for the 9 leaders present from CCC.
On 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.
## **Pastoral care**
The pastoral care of the congregation has continued with a gradual delegation of this responsibility to those in leadership roles of local cells. The cell and local core leader have been supported and encouraged in this task.
Individual pastoral outreach and meetings have also continued for those in need and struggling in the faith or staying connected with a view to encouraging them in the faith.
## **Inter-church relationships**
The Church’s connection with other churches in the Forge network of churches has grown from strength to strength with regular quarterly leaders’ meeting and an annual wider leadership and servants’ meeting.
The working agreement with Rehoboth Church London continued with the first cohort being transitioned in November 2021 followed by the second in the summer of 2022.
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## **Trustees Report**
## **Year ended 30 September 2022**
## **Financial Report**
Total receipts on unrestricted funds during 12 months of reporting were £38,259. £38,916 was spent to provide the church services. The net result for the year was short of receipts over payments of (£657) on unrestricted funds. Adding the balance brought forward at the start of the year, the balance carried forward as at 30 September 2022 on unrestricted fund totalled £51,859.
## **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.
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## **Annual accounts for the period ending 30 September 2022**
## **Christ Community Church Statement of financial activities for the Year ended 30 Sep 2022**
|**Recommended categories by**
**activity**
**Notes**
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations,tiths and love gifts
**Note 3**
Charitable activities
Gif Aid
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_**
**_Total_**
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_**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**|
**Total funds**
**Prior year**
**funds**
**£**
**£**|
**Total funds**
**Prior year**
**funds**
**£**
**£**|
|---|---|---|---|---|---|
||38,259
-
-|-
-
-
|-
-
-|38,259
-
-|35,547
-
-
-|
||38,259|-
|-|38,259|35,547|
|||||||
||-
38,916|-
-|-
-|-
38,916|-
15,948|
||-|-|-|-|-|
||-|-|-|-|-|
||38,916|-|-|38,916|15,948|
|||||||
||657
-|-|-|657
-|19,599|
||-|-|-|-|-|
||657
-|-|-
|657
-|19,599|
||-|-|-|-|-|
||-|-|-
|-|-|
|||||||
||-|-|-|-|-|
||657
-|-|-|657
-|19,599|
|||||||
||52,516|-|-|52,516|32,917|
||51,859|-|-|51,859|52,516|
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## **Christ Community Church-London**
## **Balance sheet as at 30 September 2022**
**----- 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 5 799 - - 799 1,065
Heritage assets - - - - -
Investments - - - - -
Total fixed assets 799 - - 799 1,065
Current assets
Stocks - - - - -
Debtors & Prepayment - - - - -
Investments - - - - -
Cash at bank and in hand Note 6 51,060 - - 51,060 51,451
Total current assets 51,060 - - 51,060 51,451
Creditors: amounts falling due
within one year Note 7 - - - - -
Net current assets/(liabilities) 51,060 - - 51,060 51,451
Total assets less current liabilities 51,859 - - 51,859 52,516
Creditors: amounts falling due
after one year - - - - -
Provisions for liabilities - - - - -
Total net assets or liabilities 51,859 - - 51,859 52,516
Funds of the Charity
Endowment funds - - -
Restricted income funds - - -
Unrestricted funds Note 8 51,859 - 51,859 52,516
Revaluation reserve -
Total funds 51,859 - - 51,859 52,516
**----- End of picture text -----**
The notes at pages 8 to 12 form part of these accounts.
Approved by the trustees on 7 July 2023 and signed on their behalf by:
Dr Ephrem Sahlu ………………………………………………………………………………..
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## **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 Christ Community 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**
||**Analysis**|**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total funds**
**£**|**2021**
**£**|
|---|---|---|---|---|---|---|
|**Donations**
**and**
**legacies:**|Donations,church offerings,tiths and love
gifts for the period|38,259|-|-|38,259|35,547|
||Gift Aid|-|-|-|-|-|
||Legacies|-|-|-|-|-|
||General grants provided by
government/other charities|-|-|-|-|-|
||Membership subscriptions and
sponsorships which are in substance
donations|-|-|-|-||
||Donatedgoods,facilities and services|-|-|-|-|-|
||Other(Members offering)||-|-|-||
||**Total**|38,259|-|-|38,259|35,547|
||||||||
|**TOTAL INCOME**|||||||
|||38,259|-|-|38,259|35,547|
## **4. Analysis of Expenditures**
||**Analysis**|**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total funds**
**£**|**Prior year**
**2021**
**£**|
|---|---|---|---|---|---|---|
|**Expenditure on**
**raising funds:**
**Expenditure on**
**charitable**
**activities**|Incurred seeking donations|-|-|-|-|-|
||Incurred seeking legacies|-|-|-|-|-|
||**Total expenditure on raising funds**|-|-|-|-|-|
||||||||
||Hall Rent forprayergatherings|9,965|-|-|9,965|6,301|
||General expenses|4,260|-|-|4,260|3,449|
||Charitable Funding|2,060|-|-|2,060|1,125|
||Refreshment and other expenses|2,526|-|-|2,526|1,327|
||Transport|3,162|-|-|3,162|449|
||Insurance|474|-|-|474|417|
||Training costs|10,247|||10,247||
||Internet, zoom and other expenses|5,955|-|-|5,955|2,526|
|||-|-|-|-|-|
||**Total expenditure on charitable activities**|38,649|-|-|38,649|15,594|
||||||||
|**TOTAL EXPENDITURE**||**38,649**|-|-|**38,649**|15,594|
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## **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||-|-|-|1,495|1,495||
|Disposals||-|-|-|-|-||
|Depreciation||-|-|-|267|267||
|Impairment||-|-|-|-|-||
|Transfers||-|-|-|-|-||
|At end of the year||-|-|-|1,762|1,762||
## **5.3 Net book value**
|Net book value at the
beginning of the year||-|-|-|1,066|1,421||
|---|---|---|---|---|---|---|---|
|Net book value at the
end of the year||-|-|-|800|800||
## **6. Cash at bank and in hand**
||**2022**
**£**|**2021**
**£**|
|---|---|---|
|**Short term cash investments(less than 3 months maturity date)**|-|-|
|**Short term deposits**|-|-|
|**Cash at bank and on hand**|51,060|51,451|
|**Other**|-|-|
|**Total**|51,060|51,451|
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## **NOTE 7. 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 52,516 38,259 38,916 - - 51,859
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 52,516 38,259 38,916 - - 51,859
**----- End of picture text -----**
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## **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 2022 set out on pages 5 to 11.
## **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
- 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
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## _SolgSelassie_
## **Independent examiner**
Solomon Gebreselassie.
12