Trinity Life Church, Royston
Trustees' Report and Accounts
For the period-ended 31 December 2022
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 2022
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 2022 Address 4 Market Hill, Royston Hertfordshire, SG8 9JL www.tlcroyston.org.uk admin@tlcroyston.org.uk
Charity Trustees David Clark (Chairman) Matthew Hall (Treasurer) Tracy Durrant (resigned 09/02/2022) 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.
1
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.
2
Achievements and performance
Summary The achievements of the charity during the period are described in the attached Pastor's report.
Financial review
Reserves policy
The charity aims to keep sufficient unallocated funds in reserve in order to maintain its charitable work and meet its regular commitments for about three months regardless of levels of income, and in order to be able to undertake occasional projects involving larger than normal expenditure.
Designated funds are excluded from reserves. Details of all designated funds are set out in Note 12 to the attached accounts.
Current reserves £62,542 (Unrestricted current assets not designated)
Declaration
Declaration The trustees declare that they have approved the above
Signature
Full name Matthew Warwick Hall
Position Treasurer
Date 26/10/2023
Signature
Full name Antonio Gomez
Position Trustee
Date 26/10/2023
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Trinity Life Church, Royston
Pastor's Report 2022
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 regularly for fellowship, equipping, support and encouragement.
Overview
A positive year that saw the church grow into the newly refurbished premises and continue to reach out to the community with existing and new projects. 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.
After purchasing the Old School House in the town centre in July 2020 and selecting an appropriate builder, we commenced work on redevelopment in late Autumn 2021. The work continued through the Spring and we eventually started meeting regularly in the building from June 2022. During our time out of the building we hired familiar venues of the Town Hall and Old Bull Inn to run our regular services.
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 in 2022 we have:
Opened for 23 Make Lunch sessions and served 652 meals.
In addition to our sessions, we hosted a summer pool party for our families, organised two community events; Dougie Dug Dug and The Light Party, and arranged for 9 children to go on a CPS Falcon Holiday. We had 45 registered families and 48 registered volunteers.
2 encouraging new community projects were launched in Dads United, a monthly group specifically for dads to mingle and communicate with other dads and have time with their children in an interactive and Christian environment. We also started a mentoring project called Pathways to Learning, for children that had fallen behind in school work due to varying reasons but highlighted most by post-pandemic struggles in schooling.
We continued our connection with the charitable organisation CompassionUK and our connected project in Nicaragua. We also maintained good relationship with our overseas mission partners.
During the year the leadership team underwent further changes with Mark Cotton stepping down at the end of the year. The leadership team for 2023 consists of Matt and Cate Hall, and Tim Anderson. A small developmental group was formed toward the end of the year to help nurture new leadership.
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Trinity Life Church, Royston
Pastor's Report 2022
After a year of declining numbers in 2021 due to post-pandemic reasons, the church stabilised in number seeing small growth toward the end of the year with a few new families arriving. The net result was a consistent church membership of around 40 people.
Finances remained steady; however, we are monitoring the impact running the church building will have on the budget, understanding the balance required as the building proposal for revenue through hire will take a few years to establish. We continue to forecast and plan for the future and took steps during the year (resulting from a plan formalised by the trustees in the first part of 2022) to reduce the impact to church operations through a reduction in costs.
Considered and wise decision making will continue to help firm the foundations, ensuring sustained stability and growth throughout the year. Overall, our position in 2022 was encouraging and our expectation is to see the church grow and thrive as we step into new opportunities offered through having the church building and our community influence and trusted social connections resuming.
Matthew Hall
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Trinity Life Church, Royston Statement of Financial Activities for the period ended 31 December 2022
| Unrestricted Restricted Total for Note funds funds 2022 £ £ £ Church Collections 54,534 54,534 Sundry Donations 5,336 15,312 20,648 Income Tax Recovered 8,086 2,686 10,772 Grants received - 61,220 61,220 Total Donations and Legacies 67,956 79,218 147,174 Bank interest 72 - 72 Total Investment Income 72 - 72 Total incoming resources 68,028 79,218 147,246 Plumbline Ministries 4,200 - 4,200 Mission or ministry support 6,830 2,705 9,535 Othergifts - 2,145 2,145 Total Gifts and Grants 4 11,030 4,850 15,880 Employment costs 5 24,640 - 24,640 Office, Hall Rent and Rates 2,517 572 3,089 Repairs and Maintenance 4,309 121,880 126,189 Visiting speakers 1,125 - 1,125 Administrative expenses 2,674 7,056 9,730 Loan Interest 6,404 - 6,404 Other church activitycosts 4,121 8,352 12,473 Total Church Activities 45,790 137,860 183,650 Othergovernance costs 600 - 600 Total Governance Costs 600 - 600 Total Resources Used 57,420 142,710 200,130 Net Movement in funds 10,608 (63,492) (52,884) Total funds brought forward 192,114 46,320 238,434 Transfers between funds (25,713) 25,713 - Total funds carried forward 177,009 8,541 185,550 |
Total for 2021 £ 83,637 11,679 13,499 45,931 154,746 11 11 |
|---|---|
| 154,757 | |
| 5,265 10,110 400 |
|
| 15,775 | |
| 27,705 2,004 16,524 775 9,938 7,885 7,499 |
|
| 72,330 | |
| 600 | |
| 600 | |
| 88,705 | |
| 66,052 172,382 - 238,434 |
6
Trinity Life Church, Royston Balance Sheet as at 31 December 2022
| Notes Unrestricted Restricted Total as at funds funds 31/12/2022 £ £ £ Fixed assets Tangible Assets 7 266,603 3,534 270,137 Current assets Debtors & prepayments 10 566 79 645 Cash at bank & in hand 72,998 4,928 77,926 Total current assets 73,564 5,007 78,571 Total assets 340,167 8,541 348,708 Current liabilities Loans and overdrawn bank accounts 10,230 - 10,230 Creditors & Accruals 10 792 - 792 Total Current Liabilites 11,022 - 11,022 Net current assets 62,542 5,007 67,549 Total assets less current liabilites 329,145 8,541 337,686 Loans due after more than one year 9 152,136 - 152,136 Net assets 177,009 8,541 185,550 Funds of the charity Unrestricted funds 172,009 - 172,009 Designated funds (unrestricted) 5,000 - 5,000 Restricted funds - 8,541 8,541 Total funds 177,009 8,541 185,550 |
Total as at 30/12/2021 £ 266,310 694 144,869 145,563 411,873 9,737 1,530 11,267 134,296 400,606 162,172 |
|---|---|
| 238,434 | |
| 187,114 5,000 46,320 |
|
| 238,434 |
Approved by the Trustees on:
Signed by, on behalf of all the Trustees:
Matthew Warwick Hall
Date:
Date: 26/10/2023
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Trinity Life Church, Royston Notes to the Accounts
for the period ended 31 December 2022
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.
8
3 Accountants Fees
Included in these accounts is £500 (2021 - £500) in fees paid for the examination of these accounts. Also included is £100 (2021 - £100) for payroll services. Travelling costs are reimbursed if incurred.
4 Grant making
| Purpose of gift/grant | Amounts to | Amounts to | 2022 | 2021 |
|---|---|---|---|---|
| institutions | individuals | £ | £ | |
| Mission or ministry support | 4,200 | 11,680 | 15,880 | 15,775 |
| Total gifts and grants | 4,200 | 11,680 | 15,880 | 15,775 |
Gifts & grants made to institutions include the following
| Institution | 2022 | 2021 | |
|---|---|---|---|
| £ | £ | ||
| Plumbline Ministries | Mission or ministry support | 4,200 | 5,265 |
| Total gifts and grants | 4,200 | 5,265 | |
| Employees | |||
| Number of employees | 2022 | 2021 | |
| Charitable activities | 2.0 | 2.0 | |
| Total | 2.0 | 2.0 | |
| Staff Costs | 2022 | 2021 | |
| £ | £ | ||
| Gross Salaries | 23,470 | 26,385 | |
| Employer's NI Contribution | - | - | |
| Employer's Pension Contribution | (defined contribution scheme) | 1,170 | 1,320 |
| Total | 24,640 | 27,705 |
- 5 Employees
There were no employees who received employee benefits for the reporting period of more than £60,000.
9
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 |
2022 2021 1 1 925 589 2022 2021 £ £ 24,640 27,705 24,640 27,705 2022 2021 £ £ 4,200 5,265 4,200 5,265 Land and Total Buildings £ £ 265,000 271,371 - 5,117 - (104) 265,000 276,384 - 5,061 - 1,279 - (93) - 6,247 265,000 270,137 265,000 266,310 |
|---|---|---|---|
| Total | |||
| Gifts to related charities Name of Charity Plumbline Ministries |
Relationship Matthew Hall is a |
trustee | |
| Total | |||
| Tangible Fixed Assets Cost At 1 January 2022 Additions Disposals At 31 December 2022 Depreciation At 1 January 2022 Charge for the period On disposals At 31 December 2022 Net book value At 31 December 2022 At 31 December 2021 |
Church Equipment £ 1,800 4,474 (104) 6,170 886 830 (93) 1,623 4,547 914 |
Office Equipment £ 4,571 643 - 5,214 4,175 449 - 4,624 590 396 |
- 7 Tangible Fixed Assets
10
8 Pension Scheme
The charity operates a defined contribution scheme.
The costs for the period were £1,170 (2021 - £1,320).
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. |
2022 2021 £ £ 10,230 9,736 152,136 162,173 |
|---|---|
10 Prepayments & Accruals
Amounts falling due within one year
| Prepayments & accruals | 2022 | 2021 | |
|---|---|---|---|
| £ | £ | ||
| Prepayments | 645 | 480 | |
| Tax recoverable | - | 214 | |
| Total | 645 | 694 | |
| Accruals and deferred income | 792 | 1,530 | |
| Accruals and deferred income | 792 | 1,530 |
11
11 Restricted Funds
Fund Name
Purpose
For purchase, refurbishment or long-term hire of facilities for church use.
Building For purchase, refurbishment or long-term hire of facilities for church use. 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 Make Lunch Hardware Hardware to support the Make Lunch project 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 | 2022 | 2022 | 2022 | Balance | |
| Building | 34,647 | 60,538 | (121,950) | 25,000 | (1,765) |
| Body Needs | 1,800 | 1,000 | (1,000) | - | 1,800 |
| BP & HS Rex | 127 | 1,280 | (1,280) | - | 127 |
| Youth Ministry | 43 | (37) | - | 6 | |
| Make Lunch | 9,703 | 13,855 | (14,848) | (5,000) | 3,710 |
| Make Lunch Hardware | - | (337) | 5,000 | 4,663 | |
| Wang Family Ministry | - | 750 | (750) | - | - |
| Other | - | 1,795 | (2,508) | 713 | - |
| Total | 46,320 | 79,218 | (142,710) | 25,713 | 8,541 |
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 | 2022 | 2022 | 2022 | Balance | |
| Mission (Designated) | 5,000 | - | - | - | 5,000 |
| Conference fees | - | - | - | - | - |
| Building (Designated) | - | - | - | - | - |
| General Unrestricted | 187,114 | 68,028 | (57,420) | (25,713) | 172,009 |
| Total | 192,114 | 68,028 | (57,420) | (25,713) | 177,009 |
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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 2022, 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 07/07/2023
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