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2022-12-31-accounts

Charity Registration No. 1180302

FLOW CHURCH

TRUSTEES' REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FLOW CHURCH

CONTENTS

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Page
Legal and administrative information 1
Trustees' report 2 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the accounts 8-11
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Flow Church

Legal and Administrative Information

Charity Number 1180302 Date of Registration 12th October 2018 End of Financial Year 31st December 2022

Trustees

The following Trustees served during the year:

Paul Emberton Sarah Harvey James McKean Steven Parker Rakesh Kumar Banga

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

Trustees’ Annual Report for the period

From 1st Jan 2022 To 31 Dec 2022

Charity name: Flow Church

Charity registration number: 1180302

Objectives and Activities

SORP reference
Summary of the purposes of the
charity as set out in its governing
document		 Para 1.17 The advancement of the Christian Faith in Surrey and the
UK and the world as trustees may from time to time
decide
Summary of the main activities in
relation to those purposes for the
public benefit, in particular, the
activities, projects or services
identified in the
accounts.		 Para 1.17 and
1.19		 Running and organising of Sunday services and
community activities. Running an online Friday night
meeting. Pastoral care and council for members.
Missions work, including organised trips.
Statement confirming whether the
trustees have had regard to the
guidance issued by the Charity
Commission on public
benefit		 Para 1.18 In setting objectives and planning activities, the Trustees
have given due consideration to the guidance published
by the Charity Commission relating to public benefit

Additional information (optional)

SORP reference
Policyongrant making Para 1.38 Currently do not have one
Policy on social investment
including program related
investment		 Para 1.38 Currently do not have one
Contribution made by volunteers Para 1.38 Running of Friday night online meeting; Sunday services;
Other

2

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to the
circumstances of its beneficiaries
and any wider benefits to society
as a whole.		 Para 1.20 Flow Church runs 2 locations in Surrey area to help
expand the Flow Charity and provide better care for
people nearer there home.
Flow Church organised over 7 European mission trips
with over 35 individuals going on at least one of those
trips. The trips helped local churches provide care for
refugees, gypsy communities, Church congregations and

Financial Review

Review of the charity’s financial
position at the end
of the period		 Para 1.21 Current Income: £116,781
Current Expenditure: 117,706
Statement explaining the policy for
holding reserves stating why they
are held
Para 1.22		 To hold 3 months of expenditure
Amount of reserves held Para 1.22 £855
Reasons for holding zero reserves Para 1.22
Details of fund materially in
deficit		 Para 1.24
Explanation of any uncertainties
about the charity continuing as a
going
concern		 Para 1.23

Additional information (optional)

The charity’s principal sources of
funds (including any fundraising)		 Para 1.47 Donations from church members
Investment policy and objectives
including any		 Para 1.46 Not relevant
social investment policy adopted
A description of the principal risks
facing the charity		 Para 1.46 Financial status gets discussed at every Trustee meeting.
Current risks are rising cost of living affecting the people
Other

3

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document(trust
deed, royal charter)		 Para 1.25 Constitution of CIO
How is the charity constituted?
(e.g unincorporated association,
CIO)		 Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of any
person or body entitled to appoint
one or more
trustees		 Para 1.25 Trustees are selected and elected according to the
provisions set out in the constitution document

Additional information (optional)

Policies and procedures adopted
for the induction and training of
trustees		 Para 1.51 No policy in place yet
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 Kerith Church is the Church we were planted
from. We have a good relationship with them
and they support us with advice and support when
needed.
Relationship with any related
parties		 Para 1.51 N/A
Other

Declarations

The trustees declare that they have approved the trustees’ report above.

Signature(s) Full name(s) Position (eg Secretary, Date

4

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 2022

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:

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: 26th October 2023

5

Flow Church

Statement of Financial Activities for the year ended 31st December 2022 (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 2022
Total Funds carried forward at 31 Dec 2022		 £
116,781
-
116,781
117,706
117,706
925
-
22,092
21,167
Unrestricted
Funds		 £
-
-
-
-
-
-
-
-
Restricted
Funds		 Total
2022
£
116,781
-
116,781
117,706
117,706
925
-
22,092
21,167		 Total
2021
£
100,006
2,045
102,051
101,243
101,243
808
21,284
22,092

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.

6

Flow Church Charity Registration No. 1180302

Balance Sheet as at 31st December 2022

Notes
Non Current Assets
Tangible Fixed Assets
3
Other Assets
4
Current Assets:
Debtors and Prepayments
8
Cash at bank and in hand
Total Current Assets
Current Liabilities:
9
Net Current Assets
Total Net Assets
Income Funds
General Fund
Restricted Funds
7
Total Funds
12
Creditors: amounts falling due
within one year		 2022
£
1,515
-
1,515
20,112
855
20,967
1,315
-
19,652
21,167
21,167
-
21,167		 2021
£
2,422
8,735
11,157
11,839
354
12,193
1,258
-
10,935
22,092
22,092
-
22,092

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

7

Flow Church

Notes to the Financial Statements for the year ended 31st December 2022

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 2021) - (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

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.

8

Flow Church

Notes to the Financial Statements for the year ended 31st December 2022 (continued)

3. Tangible Fixed Assets
3. Tangible Fixed Assets
Cost
1st January 2022
Additions
Cost at
31st December 2022
Depreciation
1st January 2022
Charge for year
Depreciation at
31st December 2022
Net book value
31st December 2022
Net book value
31st December 2021		 Equipment
£
3,630
-
3,630
1,208
907
2,115
1,515
2,422

4. Other Assets

A security deposit of £8735 being held by the Landlord is expected to be returned within one year (see note 13)

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
£
75,672
17,299
23,807
116,778
-
-
3
3
116,781		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-		 Total
2022
£
75,672
17,299
23,807
116,778
-
-
3
3
116,781		 Total
2021
£
69,266
13,708
17,032
100,006
1,200
-
845
2,045
102,051

Of the £102,051total income for the year to 31 December 2021, £102,051 was unrestricted

9

Flow Church

Notes to the Financial Statements for the year ended 31st December 2022 (continued)

6. Expenditure
Unrestricted
Funds
Charitable Activities:
£
Misssion & Events
11,993
Youth and Children
-
Sunday Meetings
2,978
Rent
39,134
Office & Administration
8,506
Salaries & Expenses
54,088
Accountant Fees
1,007
Total Expenditure:
117,706
Support Costs included in the above consist of:
Salaries
5,409
Office and Administration
8,506
Governance Costs
1,007
Total
14,922		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-		 Total
2022
£
11,993
-
2,978
39,134
8,506
54,088
1,007
117,706
5,409
8,506
1,007
14,922		 Total
2021
£
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 2021)

Governance costs in 2021 and 2022 consist entirely of fees due to the independent examiner in respect of examination services.

7. Restricted Funds
None
Total		 Balance at
31-Dec-21
£
-
-		 Income
£
-
-		 Expenditure
£
-
-		 Balance at
31-Dec-22
£
-
-

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. No funds are currently being held

8. Debtors and Prepayments

8. Debtors and Prepayments
Gift Aid Recoverable
Prepaid Rent, Rental Deposit and Insurance in Advance
Total
9. Creditors and Accruals: amounts due within one year
Independent Examiner's Fees
Pensions payable
Total		 2022
£
1,748
18,364
20,112
2022
£
1,007
308
1,315		 2021
£
2,318
9,521
11,839
2022
£
950
308
1,258

10

Flow Church

Notes to the Financial Statements for the year ended 31st December 2022 (continued)

10. Staff Costs

The Charity employed two members of staff (2021: two) during the year. The costs were:

Gross Salaries & Employers NIC
Employers Pension Contributions
Total
2021 Note: Gross Salary and Employers Pension split restated
There are no employees with emoluments over £60,000		 2022
£
51,070
2,500
53,570		 2021
£
51,083
2,500
53,583

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, Trustee) 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 2022 are represented by:
Non Current Assets
Current Assets
Current Liabilities
Total
Fund balances at 31 December 2021 are represented by:
Fixed Assets
Current Assets
Current Liabilities
Total		 Unrestricted
funds
£
1,515
20,968
1,315
-
21,168
Unrestricted
funds
£
11,157
12,193
1,258
-
22,092		 Restricted
funds
£
-
-
-
-
Restricted
funds
£
-
-
-
-		 Total
2022
£
1,515
20,968
1,315
-
21,168
Total
2021
£
11,157
12,193
1,258
-
22,092

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 1st September 2023, Notice to end the lease at the first break point has been given post year end.

Rent of £34,980 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 £16,934

11