**Charity Registration No. 1180302** ## **FLOW CHURCH** **TRUSTEES' REPORT AND ACCOUNTS** **FOR THE YEAR ENDED 31 DECEMBER 2021** ## **FLOW CHURCH** ## **CONTENTS** ||Page| |---|---| |Legal and administrative information|1| |Trustees' report|2 - 5| |Independent examiner's report|6| |Statement of financial activities|7| |Balance sheet|8| |Notes to the accounts|9-12| ## **Flow Church** ## **Legal and Administrative Information** **Charity Number** 1180302 **Date of Registration** 12th October 2018 **End of Financial Year** 31st December 2021 ## **Trustees** The following Trustees served during the year: Paul Emberton Sarah Harvey James McKean Steven Parker Rakesh Kumar Banga (Appointed 11th May 2021) ## **Governing Document** Constitution of a Charitable Incorporated Organisation Dated 8th October 2018 ## **Charitable Objects:** The objective of the CIO is, for the public benefit, the advancement of the Christian faith in Surrey and such other parts of the United Kingdom and the world as the Charity Trustees may from time to time decide. **Principle Address & Registered Office** Unit 4, Fordwater Trading Estate Ford Road Chertsey KT16 8HE **Bankers** Barclays Bank UK Plc **Independent Examiner** Michael Homer AFA MIPA MCH Accountants Ltd 68 Charlton Road Andover Hampshire SP10 3JN 1 CHARITY COMMISSION FOR EN￿LAND AND WALES Trustees. Annual Report for the period From Jan 2021 To 31 Dec 2021 Charfty narne: Flow Church Charlty reglstratlon numb•r: 1180302 Objectives and Actlvitles Summary of the purposes of the charity 8s set out in its ovemin document Summary of the main activitles in relalion to Ihosa purposes for the public benefit, particular, the 8Ctivllles. projects or servlces Idenlified In th¢ 8ccounls. Staternent confim)Ing whether the Irus1888 havè had regard to the guid8nca issued by the Charity Commlssioft on publlc b8n8flt P•r• 1.17 Tha advBncernent of Ihe ch￿5￿*￿ F81th In Svrrey an¢J lh• UK 8nd the wortd os Iru81&é8 may from lirne to lime decide Running alld organising of Sunday s8rvic&s and ¢omrnunlty aclivities. Running an onllno Friday night rrTreeting. Pasknr81 car* and wundl for members. Mlsslons work, Induding oryanised trips. Parn f.17 qnd In 88Mlng oblectlves and planning aCu￿tIo9, the Trustees have given due exjnslderation to thfy guidan¢e putyJish8d by Iho Charity Commi88ion r•latinu 10 public benefit Addltlon41 Informatlon {optlonall You ma choose to include further statemer¢ls where relevant about-. SORP thrary2 Currently do not have one Pollcy on grant making Currently do not have one 1.38 Policy on SOGial Investment Including program ￿lated Investment Running of Friday night onllne meetlng- Sunday services," community actlvltles and organlsed mlssion trlps. 1.38 Conlribulion made by voILtnt88rs Other Achlevements and Performance 50RP i•l•rwcy Flow Church bagan having 2 loc8tlons for our Svnday services. so more people In th& communSty ¢0 get connè¢ted to a place doser to Ihelr home. Flow Church ran 8n onllne conference 8imed at helping leader5 across Europe. which had 40 notions in 8ttend8nc8 overall. Ran a mlsslon knp to Norway whare we help8d 8 lo¢al church communlty Iherg. so hèld local community evenls for Christmas. In¢Avding 8 pub carol servl¢o reachlng out to thos8 In thè eA)mmunlty. Summary of the maln achlevements of the chartty. identifying the 4Jiff8r8n¢e the charity's work has made to the circumstances of ils benefici8rie5 and any ￿￿er benefits to soclety as a whol¥. 1.20 Flnanclal Revlgw R&vléw of the charity, financial positlon 8t Ihe end of the nod Statement èxplaining tha policy for holdlng reserves Statin are held Amount of reseTv8s held Reasons for holdlng zero reserves Details of fund materlally in gficit Explanaiion of any uricertainties about th8 ¢hariiy ¢OnfinuTng as a going ¢onGeffl P•rn 1.21 1.22 P•rb 1.22 P•rn 1.22 P•r& 1.24 Addltlonal Infomiatlon {optlonall You ma choose to include further ststèmen15 where r8l&vant about.. Donations from church m8mb8rs Tha charity's princip81 sources of fun(Is Ilncludlng any fundiaisingl P￿￿ 1.47 Not rel8vant Inveslment pollcy and objectives inclu¢Jing any 50oal Invesimenl policy adopted Finoncial Slalus gel$ discussed 8t aV8ry Trustee meeting Currenl risks ar8 rising cost of Ilving aflectSng the people and tho bullding we are In. A descrfption of tha prindpal risks facing the charity Olher Stru¢tur•, Governance and Management Desulption of charity's Irusls.. Type of govemlng document Irusl deed, ro al charter Ilow is the charity con51&luted7 le.g unincorporated association, CIO Truslea selection meth¢)ds iJ)duding details of any constitutional provisions e.g. elèction to k¥JSl or name or any person oi body entitled lo appoint on8 or mole trustees P•rb 1.25 Constllutk)n of CIO P•Tr 1.25 cio P•r• 1.26 Truste&s are S*￿cled and olecled 8¢¢£Ydlw lo Ihe prowsions sai out In Ihe rXJnstllvt￿n (k)C￿ment Addltlonal Inforniaiion loptlonall You m8 choose to include further $18ternents wher& relevant about.. No WSGY in plBf8 yet Pollc+as and protedures adopted for the induction and training of trustee5 P￿151 Kerflh Churc s the Churth we were planted Irom. We have a good rela￿enShIp %wlh them and Ihey support us with adv*8 and 8UPPOrt en ￿eded. Tho ch8riVs org8n1$8tional structure and any wider nefv/ork wth which the charity works ¥.51 NIA Relationship wth any laled p8rties P•r• 1.51 Other Declaratlons Tho tru6t••• declara that th•y hav• approved the Irus¢￿•, roport abov•. Slgn•d on behalf ol the eharlty's Iruste88 Slgn8tur•lsl Full nam•l8) S MA£ve4 Po8ltlon l•g S¢¢rotary. Chalr. •tcl /P4 Dat iliol z6ZZ ## **Flow Church** ## **Independent Examiner's Report** I report to the charity trustees on my examination of the accounts of the Charitable Incorporated Organisation for the year ended 31 December 2021 ## **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'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed. 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 Act. ## **Independent examiner's statement** 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 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; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination. 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. ## **Mr Michael Homer AFA MIPA** Independent Examiner for and on behalf of MCH Accountants Ltd 68 Charlton Road Andover Hampshire SP10 3JN Dated: 20th October 2022 6 ## **Flow Church** ## **Statement of Financial Activities for the year ended 31st December 2021 (Including income and expenditure account)** |**Notes**
**Income from:**
Donations and gifts
**5a**
Charitable Activities
**5b**
**Total Income**
**Expenditure on:**
Charitable Activities
**6**
**Total Expenditure**
Net incoming/(outgoing) resources for the year
Total Funds brought forward at 1 January 2021
**Total Funds carried forward at 31 Dec 2021**|**£**
100,006
2,045
102,051
99,194
99,194
2,857
19,235
22,092
**Unrestricted**
**Funds**|**£**
-
2,049
2,049
2,049
-
2,049
-
**Restricted**
**Funds**|**Total**
**2021**
**£**
**100,006**
**2,045**
**102,051**
**101,243**
**101,243**
**808**
**21,284**
**22,092**|Total
2020
**£**
106,215
97
106,312
101,413
101,413
4,899
16,385
21,284| |---|---|---|---|---| All the church's operations are classed as continuing. There are no recognised gains or losses other than those reported on the Statement of Financial Activities. The notes on pages 9 to 12 form part of these financial statements. 7 1735 9.171 Fundi f9.ZJS Fuv 12 ## **Flow Church Charity Registration No. 1180302** ## **Balance Sheet as at 31st December 2021** **----- Start of picture text -----**
Notes 2021 2020
£ £
Non Current Assets
Tangible Fixed Assets 3 2,422 3,330
Other Assets 4 8,735 8,735
11,157 12,065
Current Assets:
Debtors and Prepayments 8 11,839 9,877
Cash at bank and in hand 354 600
Total Current Assets 12,193 10,478
Current Liabilities:
Creditors: amounts falling due
within one year 9 - 1,258 - 1,258
Net Current Assets 10,935 9,220
Total Net Assets 22,092 21,284
Income Funds
General Fund 22,092 19,235
Restricted Funds 7 - 2,049
Total Funds 12 22,092 21,284
**----- End of picture text -----**
The notes on pages 9 to 12 form part of these financial statements. Approved by the Trustees on the Signed on their behalf by Trustee 8 ## **Flow Church** ## **Notes to the Financial Statements for the year ended 31st December 2021** ## **1. Accounting Policies** ## **Basis of Preparation** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2020) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. Flow Church meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. ## **Income** Income is recorded on the Statement of Financial Activities (SOFA) when it becomes probable the charity will receive the income, the charity becomes entitled to the income and the amount of income due to be received can be measured reliably. ## **Expenditure** All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to that category. They include irrecoverable VAT. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of the resources. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements. ## **Liability Recognition** Liabilities are recognised as soon as there is a legal or constructive obligation committing the Charity to discharge them. ## **Tangible Fixed Assets and Depreciation** Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates to write off the cost less estimated residual value of each asset over its expected useful life as follows: All Equipment 25% straight Line Assets costing less than £1000 are expended within the SOFA. ## **Debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **Cash at bank and in hand** Cash at bank and in hand includes cash and short term highly liquid investments. The Trustees seek to use short and medium term deposits where possible to maximise the return on monies held at the bank and to manage cash flow. ## **Pensions** The charity offers a defined contribution pension to all eligible staff and, at the Trustees' discretion, to other paid staff. At the year end there were contributions of £308 outstanding. ## **Funds** General funds are unrestricted funds which are available for use at the discretion of the directors in furtherance of the general objectives of the charity and which have not been designated for any other purpose. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. ## **2. Cash Flow** Under section 7 of FRS102 in relation to the Cash Flow statement, exemption has been claimed on the basis that Flow Church is a small charity. 9 ## **Flow Church** ## **Notes to the Financial Statements for the year ended 31st December 2021 (continued)** ## **3. Tangible Fixed Assets** **----- Start of picture text -----**
3. Tangible Fixed Assets Equipment
£
Cost 1st January 2021 3,630
Additions -
Cost at 31st December 2021 3,630
Depreciation 1st January 2021 300
Charge for year 908
Depreciation at 31st December 2021 1,208
Net book value 31st December 2021 2,422
Net book value 31st December 2020 3,330
**----- End of picture text -----**
## **4. Other Assets** A security deposit of £8735 is being held by the Landlord under a 5 year rental lease agreement |**5. Income**
**a) Voluntary Income**
Gift Aided Donations
Gift Aid Tax Refund
Other Donations
**b) Charitable Activities**
Mission Trip
Activities and Events
Other Income
**Total Income**|**Unrestricted**
**Funds**
**£**
69,266
13,708
17,032
100,006
1,200
-
845
2,045
**102,051**|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
**-**|**Total**
**2021**
**£**
**69,266**
**13,708**
**17,032**
**100,006**
**1,200**
**-**
**845**
**2,045**
**102,051**|Total
2020
£
66,409
16,602
23,204
106,215
-
97
-
97
106,312| |---|---|---|---|---| Of the £106,312 total income for the year to 31 December 2020, £106,312 was unrestricted 10 ## **Flow Church** ## **Notes to the Financial Statements for the year ended 31st December 2021 (continued)** |**6. Expenditure**
**Unrestricted**
**Funds**
**Charitable Activities:**
**£**
Misssion & Events
2,689
Youth and Children
-
Sunday Meetings
3,694
Rent
28,690
Office & Administration
9,588
Salaries
53,583
Accountant Fees
950
**Total Expenditure:**
99,194
Support Costs included in the above consist of:
Salaries
5,358
Office and Administration
9,588
Governance Costs
950
**Total**
15,897|**Restricted**
**Funds**
**£**
2,049
-
-
-
-
-
-
2,049
-
-
-
-|**Total**
**2021**
**£**
**4,738**
**-**
**3,694**
**28,690**
**9,588**
**53,583**
**950**
**101,243**
**5,358**
**9,588**
**950**
**15,897**|Total
2020
£
4,237
4
3,749
12,885
25,384
54,204
950
101,413
5,420
25,384
950
31,754| |---|---|---|---| Support costs include 10% of total staffing costs (restated for 2020) Governance costs in 2020 and 2021 consist entirely of fees due to the independent examiner in respect of examination services. |**7. Restricted Funds**
Mission Trip
**Total**|**Balance at**
**31 Dec 2020**
**£**
2,049
**2,049**|**Income**
**£**
-
**-**|**Expenditure**
**£**
2,049
**2,049**|**Balance at**
**31-Dec-21**
**£**
**-**
**-**| |---|---|---|---|---| The Restricted Funds are wholly represented by the charity's cash reserves. ## **Restricted Funds are held for the following purposes:** Mission Trip This fund is held for mission trips to provide support to churches, and refugee aid to other nations |**8. Debtors and Prepayments**
Gift Aid Recoverable
Prepaid Rent and Insurance in Advance
**Total**
**9. Creditors and Accruals: amounts due within one year**
Independent Examiner's Fees
Pensions payable
**Total**|**2021**
**£**
**2,318**
**9,521**
**11,839**
**2021**
**£**
**950**
**308**
**1,258**|2020
£
3,281
6,596
9,877
2020
£
950
308
1,258| |---|---|---| 11 ## **Flow Church** ## **Notes to the Financial Statements for the year ended 31st December 2021 (continued)** ## **10. Staff Costs** The Charity employed two members of staff (2020: two) during the year. The costs were: |Gross Salaries & Employers NIC
Employers Pension Contributions
**Total**
2020 Note: Gross Salary and Employers Pension split restated
There are no employees with emoluments over £60,000|**2021**
**£**
**51,083**
**2,500**
**53,583**|2020
£
51,704
2,500
54,204| |---|---|---| ## **11. Trustees and related parties** During the financial period, in furthering the charity's objectives, Mr L Parker and Mrs E Parker (Son and daughter in law of Mr Stephen Parker, Chair of trustees) were employed by the charity in accordance with the CIO Constitution. Details of salaries and pensions are included in note 10. ## **12. Net Assets between Funds** |Fund balances at 31 December 2021 are represented by:
Non Current Assets
Current Assets
Current Liabilities
**Total**
Fund balances at 31 December 2020 are represented by:
Fixed Assets
Current Assets
Current Liabilities
Total|Unrestricted
funds
£
11,157
12,193
1,258
-
**22,092**
Unrestricted
funds
£
12,065
8,428
1,258
-
19,235|Restricted
funds
£
-
-
-
**-**
Restricted
funds
£
-
2,049
-
2,049|**Total**
**2021**
**£**
**11,157**
**12,193**
**1,258**
**-**
**22,092**
Total
2020
£
12,065
10,477
1,258
-
21,284| |---|---|---|---| ## **13. Operating Leases** Flow Church entered into a 5 year lease agreement starting 1st September 2021 for a light Industrial Unit at Chertsey Industrial Park with a break clause on the 1st September 2023 Rent of £28,525 has been charged to the Income and Expenditure in the current financial year. Rental Payments due under the lease in future periods:within 1 year £34,843 2 years to the 1st September 2023 £26,234 12