Charitable Incorporated Organisation (CIO)
Sharnbrook Evangelical Church (Registered Charity Number 1179954)
Trustees Annual Report and Financial Statements of Sharnbrook Evangelical Church CIO For the year ended 31 March 2021
TRUSTEES ANNUAL REPORT
The trustees have pleasure in presenting their report and the financial statements of the charity for the year ended 31[st] March 2021.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity Name: Sharnbrook Evangelical Church. Charity Registration Number: 1179954
(Previous Charity Name: Sharnbrook Evangelical Church Charity Registration Number: 1145375)
Place of Meeting Science Centre, Sharnbrook Upper School, Odell Road, Sharnbrook MK44 1JL Administrative Office: 14 Manor Farm Way, Sharnbrook MK44 1PH.
THE TRUSTEES
The trustees who served the charity during the period were as follows.
Elders: Rev John Heron, Mr Bernard Brown, Dr Myles MacBean (from 11/12/20)
Deacons: Mr Brian Bennett, Mrs Frances Marvell, Mr Stephen Freshwater
Independent Examiner: Stephen Monico FCA DChA, 19 Goldington Road, Bedford, MK40 3JY.
New trustees are elected following a period of prayer, teaching or discussion once the requirements of scripture regarding the office of a trustee.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Sharnbrook Evangelical Church was registered as a Charitable Incorporated Organisation (Registered Charity Number 1179954), by the Charity Commission on 17[th] September 2018.
Preparations for this new body to take over from the old Sharnbrook Evangelical Church charity (Registered number 1145375) were progressed during 2018/2019, and a planned formal handover took place on 31[st] March 2019.
OBJECTIVES AND ACTIVITIES
OBJECTIVES: The object of the CIO is, for the public benefit, to promote the Christian faith in accordance with the statement of faith, primarily but not exclusively within Sharnbrook and the surrounding neighbourhood.
ACTIVITIES: The church organised many activities during the year in support of its objects. These included Sunday worship, midweek House Groups during the daytime and evening, monthly Prayer Meetings and children and youth work.
ACHIEVEMENTS AND PERFORMANCE Year 1[st] April 2020 – 31[st] March 2021
Because of the COVID -19 pandemic many of our activities had to be curtailed or significantly modified during the year. A summary of the main achievements is set out below:
We were able to develop on-line services throughout the pandemic. Services were prerecorded each week and uploaded to our new YouTube Channel. The audio was made available through our website and CD’s were burned and distributed each week to those who did not have access to the internet. We monitored those tuning Into the You Tube channel each week and were pleased, that many more people followed our services than normally attend our physical meetings.
House Groups, Prayer meetings and after church coffee times were held on Zoom, allowing essential fellowship and friendship to continue. Those without internet were able to access this via their telephones.
Regular Pastor on line emails were sent out to keep people encouraged and give access to online resources. Whenever restrictions allowed, face to face contact was encouraged through walks together or small groups.
Regular doorstep pastoral visiting continued and vulnerable members were supported where necessary. Through the generous giving of the members we were able to financially help some families in our community who had suffered financial hardship because of COVID-19. Regular phone calls were made by elders and their wives in support of others.
Our weekly children's club at the school had to be cancelled, as did our in-person Youth Work, however the latter was able to continue on Zoom. On Sundays, children's talks were included each week and online materials were supplied to support families at home.
When restrictions allowed we met for public services in the lead up to Christmas. We were supported by the generous help of the Mill House Hotel in Sharnbrook who loaned the use of their wedding marquee for our public services.
Leadership
The church is led by Elders & Deacons, who are responsible for the spiritual oversight and overall direction of church life. During 2020-21 John Heron was employed by the church in a fulltime capacity, and John is a member of the FIEC Pastors' Association. In December 2020 Myles MacBean was voted to serve as an elder in the church.
Outreach is not limited to Bedford, and the church supports a range of missionary work in South East Asia and in Access restricted nations. We receive news and pray regularly for a number of Christian workers including those working in the UK and Kosovo. Approximately 10%of gift income (and tax reclaimed) is given annually to support this work. In allocating this money we seek to support specific individuals or organisations with whom we have personal links, ideally with a local connection to Sharnbrook Evangelical Church. We favour long term commitments, and prefer to make a small number of gifts of relatively large value, in order that our giving makes a tangible difference to those we support.
Public Benefit
The trustees have paid due regard to the Charity Commission's guidance on public benefit in deciding what activities Sharnbrook Evangelical Church should undertake. In fulfilling our charitable aims for the public benefit we have undertaken the following activities:
(i) To advance the Christian Faith: Our regular online Sunday Services, online midweek House Groups and Monthly Prayer Meetings are open to all members of the public regardless of background and belief. These have been more widely accessed by those in the local community and further afield over the past year. Special Services such as our annual Remembrance Sunday or Carol Services continued online.
The elders of the church are available to give counsel and support to any in need and, along with other volunteers are involved regularly in providing support to the sick and bereaved.
FINANCIAL REVIEW
The charity received income for the year of £61,904 (2020: £59,316), all of which was unrestricted. Expenditure for the year was £63,361 (2020: £70,230). The receipts and payments account for the year showed a deficit of £1,457 (2020: deficit of £10,914). Total net assets of the charity amounted to £30,782 (2020: £32,239) which was all held as cash or bank balances.
RESERVES
The Trustees consider that the level of reserves is appropriate. At the year end, the free reserves of the charity amounted to £30,782 (2020: £32,239).
All funds of the charity are unrestricted in nature. The charity has no designated or restricted funds.
Approved by the trustees for issue and signed on their behalf on 18[th] January 2022.
John Heron (Trustee and Elder) Brian Bennett (Trustee and Deacon)
SHARNBROOK EVANGELICAL CHURCH ACCOUNTS YEAR ENDED 31 MARCH 2021
Registered Charity No: 1179954
GENERAL FUND RECEIPTS & PAYMENTS ACCOUNT
| Receipts Incoming resources from donors Planned giving Collections & other giving Income tax recovered Other voluntary incoming resources Sundry income Income from charitable & ancillary trading Bookstall Less: expenses Other sundry income Other incoming resources Special gifts in Special gifts out Income from investments Bank interest TOTAL RECEIPTS Payments Grants Away giving Other giving Activities directly relating to the work of the Church Employment & housing costs - minister Employer's Pension costs - minister (see note on page 2) Ministers expenses (books, telephone, travel etc.) North Bedfordshire Youth Trust Employment & housing costs - youth worker Employer's Pension costs - youth worker Youth worker's expenses Hire of premises Worship Insurance Sound & music Visiting speakers Books Evangelism Youth & childrens work Pastoral Sundry Church management & administration Printing, postage & stationery Subscriptions Advertising and publications Sundry expenses Independent Examination costs Payroll service fees Legal and professional fees Sound and visual equipment purchase Equipment hire & maintenance TOTAL PAYMENTS EXCESS OF EXPENDITURE OVER INCOME CASH BROUGHT FORWARD CASH CARRIED FORWARD |
TOTAL 2021 £ 41,660 9,168 10,122 60,950 - - - - 870 870 650 650) ( - 84 61,904 £ TOTAL 2021 £ 6,100 407) ( 5,693 32,402 10,840 630 8,900 - - 243 966) ( - 503 237 - 189 1,261 551 785 - 55,575 519 366 93 155 456 454 - 50 - 2,093 63,361 £ 2021 £ 1,457) ( 32,239 30,782 £ |
TOTAL 2020 £ 38,385 9,747 10,938 59,070 - - 50 45) ( |
TOTAL 2020 £ 38,385 9,747 10,938 59,070 - - 50 45) ( |
|---|---|---|---|
| - | |||
| 50 45) ( |
|||
| 67 | 72 | ||
| 1,185 1,185) ( |
- 174 £59,316 |
||
| 32,402 10,840 630 8,900 - - 243 966) ( - 503 237 - 189 1,261 551 785 - |
31,656 10,459 1,455 5,350 3,069 685 1,238 3,030 - 494 117 300 - 11 897 500 15 |
||
| 519 366 93 155 456 454 - 50 - |
456 407 674 234 456 497 300 330 - |
||
| 70,230 £ |
|||
| 2020 £ (10,914) 43,153 |
|||
| 32,239 £ |
|||
1
SHARNBROOK EVANGELICAL CHURCH STATEMENT OF ASSETS AS AT 31 MARCH 2021
| SHARNBROOK EVANGELICAL CHURCH |
|||
|---|---|---|---|
| STATEMENT OF ASSETS AS AT 31 MARCH 2021 Monetary assets Bank current account Deposit account Petty cash Adjustments: Short term loan to designated funds NET ASSETS Represented by: GENERAL FUND DESIGNATED FUNDS |
Registered Charity No: 1179954 General fund Designated funds 2021 2020 £ £ £ £ 4,542 - 4,542 5,582 26,203 - 26,203 26,620 37 37 37 30,782 - 30,782 32,239 - - - - 30,782 £ - £ 30,782 £ £32,239 30,782 - 30,782 32,239 - - - - 30,782 £ - £ 30,782 £ £32,239 |
||
| 2020 £ 5,582 26,620 37 |
|||
| 30,782 - |
32,239 - |
||
| 30,782 £ |
£32,239 | ||
| 30,782 - |
32,239 - |
||
| 30,782 £ |
£32,239 | ||
NOTE FORMING PART OF THE ACCOUNTS
Pension Costs
Pension Costs in the year to 31 March 2021 include £5,419 (2020: £5,219) being payments towards making good a deficit on a pension scheme of which the charity is a former member. These payments are a mandatory requirement, and are part of the Pension Trust's plans for clearing the deficit and will continue for the forseeable future. As at 30 September 2020 (the latest available valuation) the potential liability to make further contributions was considered to be £201,493.
The accounts were approved by the Trustees at their meeting on and signed on their behalf by:
B BENNETT ………………………………………………………………..
S D FRESHWATER ………………………………………………………..
B BROWN ……………………………………………………………………
2
SHARNBROOK EVANGELICAL CHURCH (REGISTERED CHARITY NUMBER 1179954)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SHARNBROOK EVANGELICAL CHURCH
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2021 which are set out on pages 1 to 2.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 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 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:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Stephen Monico FCA DChA Chartered Accountant
19 Goldington Road Bedford MK40 3JY
Date: