## All Nations Church Ilford
Report and Accounts Year ended 31 August 2022
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
## **ALL NATIONS CHURCH ILFORD**
## **LEGAL & ADMINISTRATIVE DETAILS**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
ADDRESS FOR CORRESPONDENCE
Ley Street Centre 367 Ley Street Ilford IG1 4AA
GOVERNING DOCUMENT
Constitution dated 8 February 2019
CHARITY REGISTRATION NUMBER
CHARITY REGISTRATION NUMBER 1181950 Appointed Resigned TRUSTEES RESPONSIBLE FOR S Arscott 08/02/2019 MANAGING THE CHARITY D Thomas 17/06/2022 C Roberts 03/12/2020 M Roberts 08/02/2019 K Peistrup 08/02/2019 14/09/2022
ELDERS S Arscott (Minister) C Roberts (Associate Minister) D Thomas (loan elder) since June 2021
INDEPENDENT EXAMINER Archie McDowall BA CA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
## **INDEX**
Page 1 Legal & Administrative Details Pages 2-5 Trustees' Report Page 6 Independent Examiner's Report Page 7 Receipts and Payments Account Page 8 Statement of Assets & Liabilities Pages 9-10 Notes to the Accounts
Page 1
## **ALL NATIONS CHURCH ILFORD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[st] AUGUST 2022**
## **COMMENCEMENT OF ACTIVITIES**
All Nations Church Ilford was incorporated as a CIO on 8th February 2019. It was previously run as an unregistered and unincorporated charity, called "Ilford Church Plant".
## **OBJECTS OF THE CHURCH**
The objects of the CIO are:
(a) to advance the Christian religion in accordance with the subordinate standard of faith as defined in the Book of Church Order of the International Presbyterian Church (BCO) applicable to the congregation in Ilford and in other parts of the United Kingdom or the world as the Trustees from time to time think fit and to fulfil such other purposes consistent with the BCO which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the Trust.
(b) to relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby in the said location and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit.
## **PRINCIPAL ACTIVITIES OF THE CHURCH**
We conduct public worship services on Sundays that are open to all, in which we offer prayer and praise to the Triune God and listen him speak through the Bible preached and the sacraments celebrated. This is the principal means by which we advance the Christian religion in the area. We actively work to make these services clear and intelligible to people who are unfamiliar with Christianity. We baptise those who confess faith in Jesus Christ (along with their children), and share the Lord’s Supper with baptised Christian believers.
We hold a weekly prayer meeting in which we pray for our congregation, the local area, the UK, and other needy parts of the world.
We run Bible studies, groups, and courses for people investigating Christianity and to instruct Christians in the faith.
The minister and associate minister provide pastoral support to the congregation and others in the community.
The church administers funds to those with material needs in or closely connected to the congregation.
In planning the activities, the Trustees have applied the guidance on public benefit issued by the Charity Commission. By advancing the Christian religion, we teach
Page 2
people the high ethical standards of Jesus Christ and the enormous benefits to themselves, their friends and family, and society as a whole, which flow from them. There have been tangible benefits in personal and family relationships as a consequence of the application of Christian teaching. We also see helping those in material need as an important Christian duty.
## **ACHIEVEMENTS & PERFORMANCE**
The Trustees aimed to continue the church’s work as set out in the above section.
During the year, we have held morning and afternoon Sunday services at the Ley St Centre, with, on average, 35 adults and 20 children in attendance.
Due to a designated gift in 2020/1, we have continued to employ an Associate Minister, which has increased the volume of teaching we can offer. We have run Senior and Junior Sunday School for our children and young people, regular teaching for young adults, a parenting class, and some adult Sunday School classes. English classes for women with English as a second language have been run by volunteers until summer 2022, when they stopped due to change in volunteers.
We have conducted 2 baptisms and received 5 adults into communicant church membership.
In November 2021, we purchased the Ley St Centre from London City Mission.
During the year, we started to train two men to be deacons, which is an office particularly responsible for encouraging practical Christian love in the church. We have helped people with material needs (particularly providing meals). We have also supported a ministerial candidate as he studies for the ministry; we have begun to support a presbyterian missionary in the Far East. We have given money to the British presbytery of the IPC to fund new churches and Assistant Ministers.
In 2022/3, we hope to employ a part-time administrator to assist with various financial and administrative aspects of church life.
## **FINANCIAL REVIEW AND RESERVES POLICY**
The vast majority of the church’s income is donations from both within and outside the local congregation. The internal giving of the congregation has stayed at around the same level as last year.
During the year income was £121,445 (2021: £642,637), including £1,000 (2021: £347,015) of restricted funds relating to Building Fund and £ nil (2021: £156,033) restricted funds relating to the Associate Minister’s Fund. Expenditure for the year was £630,877 (2021: £83,778), including £46,601 (2021: £33,137) of restricted funds relating to the Associate Minister’s expenditure and £344,475 (2021: £3,540) of restricted funds relating to the Building Fund. Net payments were £509,432 (2021: net receipts £558,858).
Page 3
Hence unrestricted cash reduced to £51,217 from £170,572 the previous year end. Restricted funds of £76,295 are held at the year end for expenditure relating to the Associate Minister.
We will continue to set aside reserve funds of £30,000 to meet potential fluctuations in income due to an economic downturn or unexpected repairs to the church building. We do not anticipate that maintaining this level of reserves will require any significant change to our operating costs or income.
## **STRUCTURE, GOVERNANCE & MANAGEMENT**
All Nations Church Ilford is a congregation of the International Presbyterian Church (IPC), and is a member of the First IPC Presbytery of England. It was authorised by presbytery on 4[th] September 2015.
The spiritual concerns of the church are overseen by the elders. While the church is still being established, loan elders have been appointed by presbytery to serve alongside the minister.
The Charitable Incorporated Organisation (CIO) was constituted on 8[th] Feb 2019.
The charity trustees are responsible for managing the affairs of the CIO and are permitted to exercise all of the powers of the CIO. Charity trustees are only eligible for trusteeship if (i) they are 21 years or older ii) they exercise their responsibilities consistent with the teaching of the of the subordinate standard of faith as defined in the Book of Church Order of the International Presbyterian Church iii) must not be excluded from holding the position by virtue of sections 178 to 180 Charities Act 2011. All charity trustees must expressly acknowledge their acceptance of office of a charity trustee.
The trustees met twice during the year to review the CIO’s activities.
Simon Arscott, the minister, oversees the day-to-day running and administration of the church, alongside Chris Roberts, the Associate Minister. Together they meet formally with a loan elder once every month during the reporting period to monitor the progress of the church and plan for the future. Their responsibilities, for which they are paid and for which accommodation is provided, is to carry out pastoral work and the majority of teaching on a full-time basis.
## **TRUSTEES’ RESPONSIBILITIES**
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year. We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
## **DECLARATION**
Page 4
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
…………………….. Rev S Arscott Date : 22nd Feb 2023
Page 5
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF**
## **ALL NATIONS CHURCH ILFORD**
I report to the trustees on my examination of the accounts of All Nations Church Ilford ('the charity') for the year ended 31 August 2022 on pages 7 to 10 following.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
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 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in accordance with section 130 of the 2011 Act; or
2. the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Archie McDowall BA CA
Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: 24 February 2023
Page 6
## **ALL NATIONS CHURCH ILFORD**
## **RECEIPTS AND PAYMENTS ACCOUNT**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
|Unrestricted Funds
General
Funds
Notes
£
**_Income receipts_**
Donations
111,511
Gift aid receipts
5,480
Investment income
80
Other
3,374
120,445
**_Total receipts_**
120,445
**_Payments_**
2
47,259
3
17,658
64,917
97,975
76,908
174,883
**_Total payments_**
239,800
119,355
-
Transfers between funds
5
-
**Net movement in funds**
119,355
-
Cash funds as at last year end
170,572
**Cash funds at this year end**
A
51,217
Net
of
receipts
/
(payments)
before
transfers
Grants
paid
in
relation
to
charitable
activities undertaken by others
Payments
in
relation
to
charitable
activities undertaken directly
Purchase of fixed assets
Loans made|Restricted
Funds
£
1,000
-
-
-
1,000
1,000
46,601
-
46,601
344,475
-
344,475
391,076
390,076
-
-
390,076
-
466,371
76,295|2022
£
112,511
5,480
80
3,374
121,445
121,445
93,860
17,658
111,518
442,450
76,908
519,358
630,876
509,431
-
-
509,431
-
636,943
127,512|2021
£|
|---|---|---|---|
||||636,609
-
16
6,012|
||||642,637|
|||||
||||642,637|
||||78,738
1,500|
||||80,238|
||||3,540
-|
||||3,540|
|||||
||||83,778|
||||558,858
-|
||||558,858
78,085|
||||636,943|
The notes on pages 9-10 form part of these accounts.
Page 7
## **ALL NATIONS CHURCH ILFORD**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
|Unrestricted Funds
General
Restricted
funds
funds
2022
Notes
£
£
£
**A Cash funds**
Cash at bank with immediate access
50,979
76,295
127,274
Petty cash
237
-
237
**51,216**
**76,295**
**127,511**
**B**
**Other monetary assets**
Gift aid due to charity
12,393
-
12,393
Other debtors
3,600
-
3,600
**15,993**
**-**
**15,993**
**C**
**Liabilities**
**Falling due within one year**
Loans
9,104
-
9,104
Trade creditors
6,769
-
6,769
Fee for Independent Examination
1,260
-
1,260
**17,133**
**-**
**17,133**
**Falling due after one year:**
Loans
87,277
87,277
**87,277**
**-**
**87,277**
**Total**
104,410
-
104,410
The above loan is repayable in monthly instalments and is repayable in full by November 2051.|Unrestricted Funds
General
Restricted
funds
funds
2022
Notes
£
£
£
**A Cash funds**
Cash at bank with immediate access
50,979
76,295
127,274
Petty cash
237
-
237
**51,216**
**76,295**
**127,511**
**B**
**Other monetary assets**
Gift aid due to charity
12,393
-
12,393
Other debtors
3,600
-
3,600
**15,993**
**-**
**15,993**
**C**
**Liabilities**
**Falling due within one year**
Loans
9,104
-
9,104
Trade creditors
6,769
-
6,769
Fee for Independent Examination
1,260
-
1,260
**17,133**
**-**
**17,133**
**Falling due after one year:**
Loans
87,277
87,277
**87,277**
**-**
**87,277**
**Total**
104,410
-
104,410
The above loan is repayable in monthly instalments and is repayable in full by November 2051.|Restricted
funds
£
76,295
-|2022
£
127,274
237
**127,511**
12,393
3,600
**15,993**
9,104
6,769
1,260
**17,133**
87,277
**87,277**
104,410|2021
£|
|---|---|---|---|---|
|||||636,943
-|
||**51,216**|**76,295**||**636,943**|
||12,393
3,600
**15,993**
9,104
6,769
1,260
**17,133**
87,277
**87,277**
104,410|-
-
**-**
-
-
-
**-**
**-**
-||-
3,600|
|||||**3,600**|
|||||-
11,900
-|
|||||**11,900**|
||||||
|||||**-**|
|||||11,900|
||||||
||||||
## **D Assets retained for charity's own use**
|Land and buildings (give brief details)
Equipment
Computers and IT
Furniture
Motor vehicles (give brief details)|Fund to
which asset
belongs|Cost
£
600,000
1,000
-
-
-
601,000|Current
value
£|
|---|---|---|---|
||||-
-
-
-|
||||-|
## **E Guarantees and secured debts**
The outstanding balance on the charity's mortgage (which is £96,380) is secured on the charity's property.
The accounts were approved by the trustees and signed on their behalf by:
-------------------------------------------S Arscott 22nd Feb 2023 Date: __________
The notes on pages 9 - 10 form part of these accounts.
Page 8
## **ALL NATIONS CHURCH ILFORD**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
## **1 Accounting policies**
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
In the previous year the charity's income exceeded £250,000 and the charity was obliged to prepare its accounts on an accruals basis using the Charities SORP. As the charity's income is now less than £250,000, it has taken advantage of the option to prepare its accounts on a receipts and payments basis and the results reported previously have been restated; further information is given in note 6 below.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
|**2**
**Payments in relation to charitable activities undertaken directly**
Employment costs (see note 4)
Ministry expenses
Youth and children's work
Outreach activities
Small equipment
Maintenance of buildings & equipment
Utilities
Insurance
Independent examination
Office costs
**3**
**Grants paid in relation to charitable activities undertaken by others**
Grants for:
Presbytery Giving
Other small grants to organisations
Grants to individuals
Deacon fund|Unr|estricted Funds
General
funds
£
34,890
1,587
611
168
674
3,310
2,548
1,447
1,140
885
47,259
12,094
730
1,500
3,334
17,658|Restricted
Funds
£
46,601
-
-
-
-
-
-
-
-
-
46,601
-
-
-
-
-|Total
2022
£
81,492
1,587
611
168
674
3,310
2,548
1,447
1,140
885
93,861
12,094
730
1,500
3,334
17,658|Total
2021
£|
|---|---|---|---|---|---|
|||||||
||||||72,316
396
31
20
2,295
2,129
-
221
192
1,139|
||||||78,738|
||||||-
-
1,500
-|
||||||1,500|
Page 9
## **ALL NATIONS CHURCH ILFORD**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
## **4 Transactions with related parties**
S Arscott and C Roberts served as church leaders and were paid £12,931 and £18,150 respectively (2021: £13,001 and £10,732) for serving in that capacity, not for serving as trustees; these payments are permitted by the charity's governing document.
In addition the charity incurred expenditure totalling £13,200 and £21,600 (2021: £13,200 and £18,000) in respect of the provision of accommodation (which is customary for ministers) to S Arscott and C Roberts respectively, who are trustees so that they could better perform their duties.
## **5 Movement of funds**
|**vement of funds**||||||
|---|---|---|---|---|---|
|General funds
Restricted funds
Associate Minister Fund
Building Fund
Total funds|Opening
balance
£
170,572
122,896
343,475
466,371
636,943|Receipts
£
120,445
-
1,000
1,000
121,445|Payments
£
239,800
-
46,601
-
344,475
-
391,076
-
630,876
-|Transfers
£
-
-
-
-|Closing
balance
£
51,217
76,295
-|
||||||76,295|
||||||127,512|
The Associate Minister Fund is restricted to be used for the cost of fully funding an Associate Minister for 3 years, from January 2021 to December 2024.
The Building Fund is restricted and used for the purchase of 367 Ley Street (also known as thhe Ley Street Centre or Ley Street Chapel).
## **6 Reconciliation with previously reported funds**
As explained in note 1 'Accounting Policies', in the previous year the charity prepared its accounts using the accruals basis; in the current year the charity has taken advantage of the option to prepare its accounts on a receipts and payments basis. The comparatives presented in these accounts have been re-stated using the receipts and payments basis and a reconciliation with the reserves and results reported previously follows:
_Reconciliation of reserves_
|_Reconciliation of reserves_|||
|---|---|---|
|Previously reported reserves, at 31 August
Adjustments arising from use of receipts and payments basis:
Exclusion of previously included fixed assets
Exclusion of previously included debtors
Exclusion of previously included creditors
Re-stated reserves, at 31 August
Previously reported results
Adjustments arising from use of receipts and payments basis:
Previously capitalised expenditure, less depreciation, now expensed
Excluded movements in debtors resulting in the recognition of more / (less) income
Excluded movements in creditors resulting in the recognition of less / (more) expenditure
Re-stated results
_Reconciliation of results_|2021
£
630,698
-
(7,140)
13,385
636,943
2021
£
552,613
-
(7,140)
13,385
558,858|2020
£
78,085
-
-
-|
|||78,085|
||||
Page 10