Charity Registration No. 1182303
GORDON ROAD EVANGELICAL CHURCH
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
GORDON ROAD EVANGELICAL CHURCH
CONTENTS
| Report to the Church Committee Independent Examiners Report Receipts and Payments Account Statement of Assets and Liabilities and Notes to Accounts |
Page |
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| 1-2 3 4 5 |
Page 1
GORDON ROAD EVANGELICAL CHURCH
REPORT OF THE CHURCH COMMITTEE
FOR THE YEAR ENDED 31 DECEMBER 2022
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1 The Church Committee have pleasure in presenting their Report and the annual financial statements for the year ended 31 December 2022.
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2 The Church registered as a charity on 4 March 2019. The Church's Governing Document states that "The charity is established for the advancement of the Christian religion as revealed in the Statement of Faith contained within the Governing Document".
As such, the Church is only involved in one activity, the advancement of the Christian religion. Therefore, in the context of the SORP FRS 102 requirement to analyse the figures over activities, projects or services, the Church's Financial Statements reflect just this single activity.
3 Review of Activities
The Church holds public services each Sunday morning and evening, a ladies meeting on Wednesday afternoons and a Prayer meeting on Thursdays which is held on Zoom and at the Church. Special invitation services are also held at Easter and Christmas. In 2022, a good number of families and young people from the community attended each of those services.
The Church continues to support Christian charities including Care Sri Lanka and Open Air Mission.
4 Public benefit & impact
The Charity has provided public benefit by adhering to its objectives and carrying out the activities referred to in this Report. The advancement of the Christian religion in accordance with the Church's Governing Document brings primarily spiritual benefits but also moral and practical ones. For many, attending services for Christian worship and the various meetings organised by the Church will have eternal benefit through the salvation of their souls, which is an immeasurably greater benefit than anything that can be given in this world. In addition, help and encouragement for daily living will be of great spiritual benefit too.
We can measure impact by the many and varied expressions of thankfulness that we receive, sometimes telling of a person who has been saved through hearing the preaching and attending the various meetings operated by the Church. However, only eternity and the day of judgement will reveal the true benefit and impact of the Church's work.
5 Financial review
The Church received cash receipts amounting to £55,413 (2021: £27,993) and made cash payments of £15,225 (2021: £28,843), recording an overall cash surplus of £40,188 (2021: deficit of £850) during the year.
At 31 December 2022 cash funds amounted to £125,214 (2021: £85,026).
The principal sources of funding is from our members who generously give to support the work of the Church in seeking to meet its charitable objectives.
6 Reserves policy
Our current reserves policy is to hold unrestricted reserves that are at least equal to three months operational expenditure. We thank God that our current level of reserves are higher than this.
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GORDON ROAD EVANGELICAL CHURCH
REPORT OF THE CHURCH COMMITTEE (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
7 Church officers
The Church Officers who served during the year were:-
Trustees
Mrs M Tyler Treasurer Mr G Donaldson Elder and Secretary Mr M Tyler Church Deacon
Church leadership Mr C Leyshon Elder
8 Independent Examiner
The Church Independent Examiner is C J Dadswell FCA FCCA DChA, Caladine Limited, Chantry House, 22 Upperton Road, Eastbourne, East Sussex, BN21 1BF.
Gordon Road Hailsham East Sussex BN27 3JD
Date: 8th October 2023
On behalf of the Church Committee ………………………………………… Gary Donaldson Elder
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GORDON ROAD EVANGELICAL CHURCH
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GORDON ROAD EVANGELICAL CHURCH
FOR THE YEAR ENDED 31 DECEMBER 2022
I report to the charity trustees on my examination of the accounts of Gordon Road Evangelical church ('the Charity') for the year ended 31 December 2022, which are set out on pages 4 to 5.
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 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 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:
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(1) accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
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(2) the accounts do not accord with those records.
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(3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
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.
C
C J Dadswell FCA FCCA DChA
Caladine Limited Chartered Certified Accountants Chantry House, 22 Upperton Road Eastbourne, BN21 1BF
Date: 16th October 2023
Page 4
GORDON ROAD EVANGELICAL CHURCH
RECEIPTS AND PAYMENTS ACCOUNT - GENERAL FUND
FOR THE YEAR ENDED 31 DECEMBER 2022
| RECEIPTS Offerings Legacy Gift aid repayments Interest received Total receipts PAYMENTS Gifts to mission agencies Speakers fees Sermon audio expenses Social Cleaning Repairs and maintenance Insurance Rates and utilities Ladies fellowship Gifts and donations Website Telephone, Internet and IT Accountancy and Independent Examination Bank Service Charges Miscellaneous Total payments Net receipts / (payments) Cash funds brought forward 1 January 2022 Cash funds carried forward 31 December 2022 |
£ £ £ £ 21,455 24,494 33,800 - - 3,491 158 8 55,413 27,993 2,240 4,874 5,969 6,668 492 492 42 - 1,040 1,000 399 12,981 1,005 920 1,669 977 175 80 385 - 175 175 611 518 750 - 101 - 172 158 15,225 28,843 40,188 (850) 85,026 85,876 125,214 85,026 2022 2021 |
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| 2,240 5,969 492 42 1,040 399 1,005 1,669 175 385 175 611 750 101 172 |
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Page 5
GORDON ROAD EVANGELICAL CHURCH
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31 DECEMBER 2022
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2022 2021
£ £ £ £
MONETARY ASSETS
Cash at Bank - HSBC 125,071 84,883
Cash Balances 143 143
125,214 85,026
DEBTORS
Gift Aid claim accrued 4,122 5,000
LIABILITIES
Accountancy / Independent Examiners fee 792 750
Approved on behalf of the Trustees:
…………………………………………… ……………………………………………
Mr G Donaldson Mrs M Tyler
Elder Treasurer
Date:
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NOTES TO THE ACCOUNTS
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1 The Financial Statements have been prepared on a receipts and payments basis in accordance with Section 133 of the Charities Act 2011.
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2 Mr G Donaldson received preaching fees totalling £960 (2021: £560)