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2020-08-31-accounts

Annual Report for the Financial Year ending 31 August 2020

LEASIDE CHURCH WARE - 1181223

Leaside Walk, East Street, Ware, Hertfordshire SG12 9BT

Trustees at 31 August 2020

Stephen Brazier, Ann Brookfield, Wendy Cooper, Julia Gristwood, Tony Gubb, Edwin O’Connor, Eleanor Seager, John Seager, Elizabeth Stockdale, Kathryn Taylor

Structure

The charity structure reflects the two Christian denominations comprising Leaside Church (the Methodist Church and the United Reformed Church). Trustees are the members of the Church Council which meets bi-monthly. Each is elected by Church Meeting to serve for three years, after which they may stand down or be eligible for re-election. Church Meeting of all members is held three times a year, one of which is the AGM when Trustees are appointed.

Activities, achievements and performance

Leaside has a reputation as a welcoming and caring church. Throughout the year, it continued to advance the Christian faith, living out discipleship in worship, teaching and mission. Faced with the challenges of the Coronavirus pandemic from March 2020, it endeavoured to ensure its charitable purpose was carried out in new, inclusive and relevant ways.

Enabling the celebration of public worship, open to all

With the closure of the church building in March 2020, Sunday services on Zoom were extremely well supported. Additional devotional resources were provided on paper, website and Facebook.

All church meetings and groups took place on Zoom.

The church did not reopen for public worship before 31 August 2020.

Trustees regularly updated the congregation, ensuring views, particularly on reopening, were taken into account.

Giving pastoral support to the congregation, those on the fringes of the church family and others in the wider community as needs are made known

Phone calls proved vital after March 2020 when it was not possible to visit. The minister and pastoral carers ensured particular concerns were shared.

Providing facilities with a Christian ethos for the local community, particularly through the weekly community drop-in, including bereavement support

An increasing number of varied community groups were using the redeveloped premises prior to March 2020. The closure affected all of them. We prioritised use of the building for the kindergarten so they could provide for the children of key workers but this was not required. Kindergarten restarted in June.

In preparation for reopening, Protocol and Risk Assessments were drawn up, ensuring all regulations were followed in accordance with Government requirements and guidance from the constituent denominations.

Involvement of members in a number of different outreach activities in the town including Street Pastors and Ware Food Bank.

Holding community fundraising events , eg concert September 2019, and coordinating and hosting the town Christmas Tree Festival in December 2019.

Enabling support to other charities in the UK and overseas.

Future plans

The church will maintain and grow its online presence as a tool for mission.

Signed Elizabeth Stockdale - Trustee

Leaside Church & Community Centre

Leaside Church

End of Year Financial Statements

Year ending 31[st] August 2020

We hereby certify that the above accounts have been prepared in accordance with the books and vouchers received. Chris Errington – Hon. Independent Examiner Graham Watson – Acting Hon. Treasurer

Page 1

Statement of Financial Activities

Unrestricted
Restricted Endowment
Total
Prior year
funds
funds
funds
funds
total funds
Unrestricted
Restricted Endowment
Total
Prior year
funds
funds
funds
funds
total funds
Income and endowments from:
Donations
Investments
Other income
Offerings
Manse
Lettings
Development Scheme
Spec Collections
Total income
Expenditure on:
Other expenditure
Ministry
Manse
Mission
Development Scheme
Buildings
Total expenditure
Net income / (expenditure) resources before transfer
Transfers
Gross transfers between funds - in
Gross transfers between funds - out
Other recognised gains / losses
Gains / losses on investment assets
Gains on revaluation, fixed assets, charity's own use
Net movement in funds
Total funds brought forward
Total funds carried forward
Represented by
Unrestricted
General fund
Designated
Building Contingency
Development
Under Fives
Restricted
Development Fund
Special Collections
971


971
1,435
5,772


5,772
12,456
823


823
593
16,497


16,497
23,664
310


310
319
20,148


20,148
23,981

13,001

13,001
89,543

623

623
865
44,524
13,625

58,150
152,860
2,723


2,723
1,785
18,000


18,000
18,000
310


310
319
55
474

529
907

10,535

10,535
7,634
37,577


37,577
21,500
58,666
11,009

69,676
50,147
(14,141)
2,615

(11,525)
102,712




121




(121)









(14,141)
2,615

(11,525)
102,712
147,376
(373,708)

(226,331)
(329,044)
133,235
(371,092)

(237,857)
(226,331)
27,934


27,934
42,076
5,000


5,000
5,000
100,300


100,300
100,300






(371,242)

(371,242)
(373,708)

149

149

Page 2

Balance sheet

Class and code
Description
Thisyear
Lastyear
Current assets
5000
HSBC Current Account
5050
Barclays Current Account
5100
CFB Deposit Account
5150
Petty Cash
Total Current assets
Liabilities
8000
Eastern Synod loan
8100
HAEBEA Loan
8200
Congregation Loans - 1 year
8300
Congregation Loans - 2 years
8400
Congregation Loans - 3 years
8500
Congregation Loans - 5 years
8600
Congregation Loans - 10 years
Total Liabilities
Net Asset surplus(deficit)
Reserves
Excess / (deficit) to date
Z01
Starting balances
Total Reserves
Represented by funds
Unrestricted
Designated
Restricted
Endowment
Total
4,892
19,569
38,317
17,959
80,932
158,139

124,142
195,668
240,000
300,000
30,000
30,000




5,000
5,000
62,000
62,000
25,000
25,000
362,000
422,000
(237,857)
(226,331)
(11,525)
(364,707)
(226,331)
138,376
(237,857)
(226,331)
27,934
42,076
105,300
105,300
(371,092)
(373,708)

(237,857)
(226,331)

Statement of assets and liabilities

General Designated
Restricted Endowment
This year
**Last year **
Current assets - Cash at bank and in
hand
HSBC Current Account -
Barclays Current Account -
CFB Deposit Account -
Totals
Liabilities - Creditors: Amounts falling
due after more than one year
Eastern Synod loan -
HAEBEA Loan -
Congregation Loans - 3 years -
Congregation Loans - 5 years -
Congregation Loans - 10 years -
Totals
Grand total
13,156
(260)
(8,003)

4,892
19,569
33,585
17,059
(12,327)

38,317
17,959
(18,807)
88,501
11,238

80,932
158,139
27,934
105,300
(9,092)

124,142
195,668


240,000

240,000
300,000


30,000

30,000
30,000


5,000

5,000
5,000


62,000

62,000
62,000


25,000

25,000
25,000


362,000

362,000
422,000
27,934
105,300
(371,092)

(237,857)
(226,331)

Page 3

Notes to the Accounts

  1. Creditors are represented by loans from HAEBEA, members of the congregation and the URC Eastern Synod which were for the purposes of a redevelopment of the buildings to bring them into more adaptable community use and improvements in energy efficiency.

Leaside Church has been receiving the income from legacies received during the 1950’s. Agreement has now been received from the URC Eastern Synod that the capital can be applied for the costs of redeveloping our buildings and transfer of the capital although requested but not yet received.

The amount held in these funds on Leaside’s behalf will enable, at the current valuation, both settlement of these loans and sufficient working capital.

  1. Income has been affected by restrictions to use of the buildings by HM Government limitations due to the Covid -19 pandemic.

Graham Watson – Acting Hon. Treasurer

Page 4

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinef s Report Report to the trusteesl members of Leaside Church On accounts for the year ended 31st August 2020 Charity no (rfany 1181223 Set out on pages I report to the trustees on my examination of the accounts of the above d)anty (llhe Trust.) for the year ended 31108120 Responsibilities and As the chartty trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 {"the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charf(y Commission under section 145(5)(b) of the Act. I have completed my examination. I confimi that no matenal matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examinerfs statement I have no concems and have come across no other matters in connection wrth the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. . Please delete the words in the brackets if th8y do not apply. Signed: Date: Ai)AIL LOI I Name: Q k)QJS IcPHtK Y. .Th4￿￿b iorl. Relevant professional qualification(sl or body (if anyl: Address: 51AN' HEILI foilfj i) Ik(" 1&Tr10 004 IER October 2018

Section B Disclosure Only complete rf the examiner needs lo highlight matters of concem (see CC32, Independent examination of charrty accounts.. directions and guidance for examiners). Give here brief detsils of any items that the examiner wishes to disclose. IER October 2018