2021-12-31-accounts - Trinity Life Church, Royston

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Trinity Life Church, Royston

Trustees' Report and Accounts

For the period-ended 31 December 2021

Charity Registration No. 1181863

Trinity Life Church, Royston Contents

	Page
Trustees' Annual Report to the Charity Commission	1-3
Pastor's report	4-5
Statement of Financial Activities	6
Balance sheet	7
Notes to the accounts	8-12
Independent Examiner's Report	13

Trinity Life Church, Royston

Trustees' Annual Report 2021

Reference and Administrative Details

Charity Name Trinity Life Church, Royston Working Name TLC Royston Charity Registration Number 1181863 Report for the financial period 1st January to 31st December 2021 Address 4 Market Hill, Royston Hertfordshire, SG8 9JL www.tlcroyston.org.uk admin@tlcroyston.org.uk

Charity Trustees David Clark (Chairman) Matthew Hall (Treasurer) Eleanor Newland (resigned 31/12/2021) Tracy Durrant Stephen Calbraith Antonio Gomez

Structure, governance and management

Constitution Charitable Incorporated Organisation Governing Document Constitution dated 4th February 2019

Related parties The charity is affiliated to Plumbline Ministries and is a member of the Evangelical Alliance.

Objectives and activities

Objects of the charity To advance the Christian faith in accordance with the Statement of Belief.

To relieve persons who are in conditions of need, hardship or who are aged or sick or disabled and to relieve the distress caused hereby.

Public Benefit The trustees have considered the Charity Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. In following this guidance, the charity engages in a range of activities either on its own or with others that vary from time to time. These activities may include but are not restricted to those set out below.

Summary of activities The charity runs regular church meetings including Sunday morning celebration and small home-based groups.

The charity runs Community Support projects including MakeLunch which provides holiday meals for students on free school meals.

The charity provides teaching, training and pastoral care.

The charity supports Christian workers and organisations locally and around the world.

The charity makes grants to members and friends in circumstances of need.

The activities of the charity during the period are described in the attached Pastor's report.

Grant making policy Grants are made to individuals and organisations in order to further the objects of the charity as determined by the leaders of the church.

Volunteers The charity relies heavily on volunteers to carry out its activities.

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Trinity Life Church, Royston

Pastor's Report 2021

The majority of the church's effort and resources are put towards the first of the CIO's aims and objectives - the advancement of the Christian faith through worship, prayer, preaching, teaching, pastoral care and literature. It is our desire to see God's blessing and favour on all the people who live and work in the towns and villages of the Royston area and beyond.

The church meets every Sunday morning at Royston Town Hall and also in mid-week groups for fellowship, equipping, support and encouragement.

Overview

As a whole, a positive year that saw challenges as we moved away from the lockdown and social distancing requirements. Our missional focus remains one of reaching out to share the good news with an emphasis on local outreach and sustainable community projects, whilst continuing our connection and relationship with a number of overseas mission partners.

We continued with online operations through the Spring and Summer until restrictions started to ease in the Autumn. After acclimatising through 2020, most of the challenges for the year consisted of handling expectations of online services, when normal face-to-face meetings would start, and ensuring correct policy and procedure for lockdown measures were maintained.

After purchasing a building in the centre of town in July 2020 we moved forward in planning redevelopment and updating the church building as a resource centre for the community. We started grant applications and fund planning toward the end of 2020 and realised all required funds by April 2021 to start the first phase of the plan. We sent out for tender and selected an appropriate builder to commence work late Autumn 2021. The work will continue through to the Spring of 2022.

During our time out of the building (due to building work) we will be hiring the Town Hall and Old Bull Inn to run our weekly Sunday service. Mid-week groups and gatherings remained restricted through 2021; we will look to reinstate them formally during 2022.

We continued our local missional project this year to help disadvantaged children receive nutritional meals during school holidays. For children who are eligible on the government scheme for free school meals we provide a lunch club (Make Lunch) through all main holidays and half terms. The project has around 50 registered families from the local area. Over the holiday periods from March 2021 we have:

Delivered 190 meal kit boxes to our families in Royston and the surrounding villages Served 1778 meals to children

We continued our connection with the charitable organisation CompassionUK, with a representative returning to TLC (after lockdown restrictions lifted) for our yearly CompassionUK day, presenting on our connected project in Nicaragua.

During the year the leadership team underwent further changes with Jackie Cotton stepping down at the end of the year and Tim Anderson (lead of the Ignite Network) joining the team. The leadership team for 2022 consists of Matt and Cate Hall, Mark Cotton, and Tim Anderson.

Trinity Life Church, Royston

Pastor's Report 2021

Numbers in the church saw a decline as families assessed their position coming out of the pandemic. We saw greatest movement in families with children, having a few younger families joining the church due to our children’s ministry programmes, but families with older children moving to churches that have a larger youth programme. The net result was a moderate reduction in church membership to around 40 people. We ran a single membership course that saw several families join the church and look to increase the number of courses as we move back into face to face meetings.

Even though we saw a slight decline in membership, the finances remained steady as all major donors continued giving to TLC. The church was informed that one of these donors will cease to give from the middle of 2022, due to wanting to focus on their local community, which is outside the parish of Royston. A plan will be formalised by the trustees to ensure minimal impact to church operations and ability to fulfil missions objectives.

Overall, like 2020, there have been many challenges that the church has overcome and careful and wise decisions have helped lay the foundation to ensure stability throughout the year. Our position into 2021 is comfortable and our expectation is to see the church grow and thrive as we step into new opportunities with the redevelopment of the church building and social connections resuming.

Matthew Hall

Trinity Life Church, Royston Statement of Financial Activities for the period ended 31 December 2021

Unrestricted Restricted Total for Note funds funds 2021 £ £ £ Church Collections 83,637 83,637 Sundry Donations 145 11,534 11,679 Income Tax Recovered 11,754 1,745 13,499 Grants received - 45,931 45,931 Total Donations and Legacies 95,536 59,210 154,746 Bank interest 11 - 11 Total Investment Income 11 - 11 Transfer from Charitable Trust - - - Other incoming resources - - - Total incoming resources 95,547 59,210 154,757 Plumbline Ministries 5,265 - 5,265 Mission or ministry support 7,380 2,730 10,110 Othergifts - 400 400 Total Gifts and Grants 4 12,645 3,130 15,775 Employment costs 5 27,705 - 27,705 Office, Hall Rent and Rates 1,469 535 2,004 Repairs and Maintenance 338 16,186 16,524 Visiting speakers 775 - 775 Administrative expenses 4,194 5,744 9,938 Legal Expenses - - - Loan Interest - 7,885 7,885 Other church activitycosts 2,704 4,795 7,499 Total Church Activities 37,185 35,145 72,330 Othergovernance costs 600 - 600 Total Governance Costs 600 - 600 Total Resources Used 50,430 38,275 88,705 Net Movement in funds 45,117 20,935 66,052 Total funds brought forward 146,997 25,385 172,382 Transfers between funds - - - Total funds carried forward 192,114 46,320 238,434	Total for 2020 £ 82,774 24,276 16,163 7,325 130,538 106 106 - -
	130,644
	9,597 9,850 250
	19,697
	26,898 3,209 - 905 8,184 6,368 6,645 8,351
	60,560
	600
	600

	80,857
	49,787 122,596 - 172,383

Trinity Life Church, Royston Balance Sheet as at 31 December 2021

Notes Fixed assets Tangible Assets 7 Current assets Debtors & prepayments 10 Cash at bank & in hand Total current assets Total assets Current liabilities Loans and overdrawn bank accounts Creditors & Accruals 10 Total Current Liabilites Net current assets Total assets less current liabilites Loans due after more than one year 9	Unrestricted funds £ 265,977 265,977 694 98,882 99,576 365,553 9,737 1,530 11,267 88,309 354,286 162,172	Restricted funds £ 333 333 - 45,987 45,987 46,320 - - - 45,987 46,320 -	Total as at 30/12/2020 £ 267,557
			267,557 525 84,871 85,396 352,953 9,970 600 10,570 74,826 342,383 170,000
Net assets	192,114	46,320	172,383
Funds of the charity Unrestricted funds Designated funds (unrestricted) Restricted funds	187,114 5,000 -	- - 46,320	141,717 5,000 25,666
Total funds	192,114	46,320	172,383

Approved by the Trustees on:

Signed by, on behalf of all the Trustees:

Matthew Warwick Hall Date:

Date:

Trinity Life Church, Royston Notes to the Accounts

for the period ended 31 December 2021

1 Accounting basis

These accounts have been prepared on the basis of historic cost 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.

2 Accounting Policies

Donations, legacies and similar incoming resources are included in the accounts when the charity becomes entitled to the donation, it is more likely than not that the trustees will receive the resources; and the monetary value can be measured with sufficient reliability.

Tax reclaimed on donations is included in the accounts at the same time as the gift to which they relate.

Volunteers - the value of any voluntary help received is not included in the accounts.

Investment income i.e. bank interest is included in the accounts when receipt is probable and the amount receivable can be measured reliably.

Liabilities are generally recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure and the obligation can be measured with reasonable certainty.

Debtors are measured on initial recognition at settlement amount after any trade discounts. Subsequently, they are measured at the cash or other consideration expected to be received.

Governance Costs include costs of preparation and examination of statutory accounts, the costs of trustees meetings and the cost of any legal advice to trustees.

Tangible fixed assets for use by the church are capitalised if they can be used for more than one year, and cost at least £25. They are valued at cost or a reasonable value on receipt. The church does not have a policy of revaluation. Depreciation is charged to the statement of financial activity on a straight line basis over the estimated useful lives of each asset. The estimated useful lives are as follows:

Computer Equipment -	4 years
Office Equipment -	4 years
Church Equipment -	4 years

The trustees have chosen to hold the land and buildings at 4-8 Market Hill, Royston on a revaluation basis. The next revaluation is due in 2026.

3 Accountants Fees

Included in these accounts is £500 (2020 - £500) in fees paid for the examination of these accounts. Also included is £100 (2020 - £100) for payroll services. Travelling costs are reimbursed if incurred.

4 Grant making

Purpose of gift/grant	Amounts to	Amounts to	2021	2020
	institutions	individuals	£	£
Mission or ministry support	5,265	10,510	15,775	19,697
Total gifts and grants	5,265	10,510	15,775	19,697
Gifts & grants made to institutions include the following
Institution			2021	2020
			£	£
Plumbline Ministries	Mission or ministry support		5,265	9,597
Open House Project	Mission or ministry support		-	125
Other	Mission or ministry support		-	125
Total gifts and grants			5,265	9,847
Employees
Number of employees			2021	2020
Charitable activities			2.0	2.0
Total			2.0	2.0
Staff Costs			2021	2020
			£	£
Gross Salaries			26,385	25,623
Employer's NI Contribution			-	-
Employer's Pension Contribution (defined contribution scheme)			1,320	1,275
Total			27,705	26,898

5 Employees

There were no employees who received employee benefits for the reporting period of more than £60,000.

6 Related Party Transactions

The church had the following transactions with related parties

Out of pocket expenses Number of Trustees reimbursed for out of pocket expenses Total amount paid to or on behalf of Trustees, £ Ministry support Related Party Legal Authority Matthew Hall Constitution	Out of pocket expenses Number of Trustees reimbursed for out of pocket expenses Total amount paid to or on behalf of Trustees, £ Ministry support Related Party Legal Authority Matthew Hall Constitution	Out of pocket expenses Number of Trustees reimbursed for out of pocket expenses Total amount paid to or on behalf of Trustees, £ Ministry support Related Party Legal Authority Matthew Hall Constitution
Total
Gifts to related charities Name of Charity Plumbline Ministries	Relationship Matthew Hall is a	trustee
Total
Tangible Fixed Assets Cost At 1 January 2021 Additions Disposals At 31 December 2021 Depreciation At 1 January 2021 Charge for the period On disposals At 31 December 2021 Net book value At 31 December 2021 At 31 December 2020	Church Equipment £ 1,503 298 - 1,801 484 402 - 886 915 1,019	Office Equipment £ 4,571 - - 4,571 3,033 1,143 - 4,176 395 1,538

7 Tangible Fixed Assets

8 Pension Scheme

The charity operates a defined contribution scheme.

The costs for the period were £1,320 (2020 - £1,275).

The allocation of the liability and expense of the defined contribution pension scheme follows the treatment of the associated employees.

9 Bank Loans

Amounts falling due within one year Bank Loan Amounts falling due after one year Bank Loan The bank loan is secured against the Building at 4-8 Market Hill, Royston.	2021 2020 £ £ 9,736 9,970 162,173 170,000

10 Prepayments & Accruals

Amounts falling due within one year

Prepayments & accruals	2021	2020
	£	£
Prepayments	480	475
Tax recoverable	214	50
Total	694	525
Accruals and deferred income	1,530	600
Accruals and deferred income	1,530	600

11 Restricted Funds

Fund Name

Purpose

For purchase, refurbishment or long-term hire of facilities for church use.

Building

Body Needs

Body Needs To provide financial support for members of the body of Christ who are facing particular financial difficulty or need BP & HS Rex Support for our mission partners Youth Ministry Resources for ministry with young people Make Lunch To provide projects to fight holiday hunger Wang Family Ministry Support for our mission partners

Movement on Restricted Funds in the year:

				Transfer
£	Opening	Income in	Expenditure in	between funds	Closing
	Balance	2021	2021	2021	Balance
Building	14,211	44,915	(24,479)	-	34,647
Body Needs	1,800	-	-	-	1,800
BP & HS Rex	127	1,780	(1,780)	-	127
Youth Ministry	69	-	(26)	-	43
Make Lunch	9,178	11,165	(10,640)	-	9,703
Wang Family Ministry	-	750	(750)	-	-
Other	-	600	(600)	-	-
Total	25,385	59,210	(38,275)	-	46,320

12 Unrestricted and Designated Funds

Fund Name Purpose Mission (Designated) To provide emergency support to our mission partners Conference (Designated) To designate funds for trip to Conference. Building (Designated) For purchase, refurbishment or long-term hire of facilities for church use. General Unrestricted To spend at the discretion of the charity trustees for any purposes of the charity.

Movement on Designated and Unrestricted Funds in the year:

				Transfer
£	Opening	Income in	Expenditure in	between funds	Closing
	Balance	2021	2021	2021	Balance
Mission (Designated)	5,000	-	-	-	5,000
Conference fees	-	-	-	-	-
Building (Designated)	-	-	-	-	-
General Unrestricted	141,997	95,547	(50,430)	-	187,114
Total	146,997	95,547	(50,430)	-	192,114

During 2019 the Trustees approved a transfer of £40,000 from the General fund to the Building (Designated) During 2020 the Trustees approved a transfer of £65,515 from Building (Designated) to the General fund.

Trinity Life Church, Royston

Independent examiners report to the trustees of Trinity Life Church, Royston Registered number: 1181863

I report on the accounts for the period ended 31st December 2021, which are set out on pages 5 to 11.

Respective responsibilities of trustees and examiner

The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity’s gross income exceeded £25,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales (ICAEW).

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, 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
to state whether particular matters have come to my attention

Basis of independent examiner’s report

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 next statement.

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 accounting records in accordance with section 386 of the Companies Act 2006 and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act

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

Name: Mark Plane Relevant professional qualification or body: ICAEW

Address: 78 Bute Street, Luton, LU1 2EY 25/05/2022