Fountains Church BMO
Statement of Financial Activities for the year ended 31 December 2021
| Notes Income & endowments: Donations & Grants 2a Church activities 2b Fund raising activities 0 Investments 2c Other Total Expenditure: Work of the Church 3a Mission & charitable giving 3b Raising funds 3c Total Net Income/(Expenditure) Transfer between funds BALANCES CARRIED FORWARD Balances b/fwd at 1st January |
Unrestricted Restricted Total Total Funds Funds 2021 2020 £ £ £ £ 95,559.34 256,690.69 352,250.03 249,427.36 6,013.00 2,837.88 8,850.88 115.20 - - 9.77 - 9.77 7.60 - - |
|---|---|
| 101,582.11 259,528.57 361,110.68 249,550.16 56,287.37 214,196.42 270,483.79 167,688.69 4,887.00 4,887.00 - - 198.00 198.00 - |
|
| 61,174.37 214,394.42 275,568.79 167,688.69 40,407.74 45,134.15 85,541.89 81,861.47 - - - - 51,720.05 35,790.92 87,510.97 5,649.50 |
|
| 92,127.79 80,925.07 173,052.86 87,510.97 |
Fountains Church Bradford Balance Sheet
As of December 31, 2021
| Fixed Asset Total Fixed Asset Current Assets 7 Accrued Income Cash at bank and in hand CAF Current Account CAF Gold Account Social Enterprise Debtors Prepayments Net current assets 8 Liabilities Creditors: amounts falling due within one year Current Liabilities Total assets less current liabilities 9 Funds of the Charity Unrestricted Restricted Total Charity funds |
2021 2020 Total Total |
|---|---|
| £ - 28,233.03 14,014.80 13,250.02 9,263.12 127,602.98 29,966.68 9,449.87 36,561.92 1,549.00 326.73 |
|
| 180,411.63 89,806.52 7,358.77 2,295.55 |
|
| 7,358.77 2,295.55 | |
| 173,052.86 87,510.97 | |
| 92,127.79 51,720.05 80,925.0735,790.92 |
|
| 173,052.86 87,510.97 |
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
| Signature Signed by one or two trustees/directors on behalf of all the trustees/directors |
Print Name | Date of approval dd/mm/yyyy |
|---|---|---|
Fountains Church Bradford Notes to the Financial Statements for year ending 31st December 2021
1 ACCOUNTING POLICIES
The Church is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of Trustees, and with the Regulations’ “true and fair view” provisions, it is also the first year that they have been prepared under FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)).
| Income 2a Voluntary Income Donations and legacies Non-Profit Income Other Primary Income Grants Regular Giving Gift Aid Service Income 2b Activities for Generating Funds Sales 2c Income from investments Savings Interest Total Income Expenditures 3a Church Activities Advertising/Promotional Admin Accountancy Fees Bank Charges Computer Costs Equipment Evangelism and Outreach Furniture Hospitality Insurances Motor Vehicle Expenses Office/General Administrative Other Misc Cost Phone Costs Postage and Printing Printing, Postage and Stationery Professional Services Purchases Rent or Lease of Buildings Repair and maintenance Subscriptions Sundries Utilities 3b Mission & Charitable Giving Charitable Contribtions 3c Raising Funds Fundraising Staff Costs Er's NI Er's Pension Salaries Training Travel and Accommodation Total Resources Expended Net Income/(Expenditure) Total Funds brought forward Balances Carried Forward |
2021 2020 Unrestricted Restricted Total Total 19,692.37 23,952.49 43,644.86 154,772.40 27,538.39 27,538.39 - - 205,100.66 205,100.66 39,334.00 59,034.68 - 59,034.68 41,515.75 14,218.23 14,218.23 10,563.00 2,614.06 99.15 2,713.21 3,242.21 95,559.34 256,690.69 352,250.03 249,427.36 6,013.00 2,837.88 8,850.88 115.20 6,013.00 2,837.88 8,850.88 115.20 9.77 9.77 7.60 9.77 -9.77 7.60 101,582.11 259,528.57 361,110.68 249,550.16 179.40 369.18 548.58 646.39 - 402.20 2,055.00 2,055.00 885.00 400.46 43.27 443.73 65.00 34.50 24.95 59.45 553.55 6,561.92 15,475.95 22,037.87 18,007.48 1,946.13 350.00 2,296.13 1,564.83 - 224.39 224.39 - 462.21 3,534.07 3,996.28 977.75 - 1,738.29 1,738.29 449.87 - 4,248.65 4,248.65 - 1,432.19 3,761.82 5,194.01 908.80 212.53 924.60 1,137.13 176.83 1,006.16 725.35 1,731.51 1,757.16 104.76 104.76 64.29 23.72 672.34 696.06 47.83 343.38 3,329.50 3,672.88 2,906.44 - - - 895.73 18,813.43 500.00 19,313.43 2,378.15 2,701.96 2,430.57 5,132.53 192.65 197.32 3,395.65 3,592.97 2,449.99 - - 15.00 858.18 20,146.38 21,004.56 3,199.21 4,887.00 4,887.00 60.00 198.00 198.00 - - - 1,157.16 4,802.15 5,959.31 3,512.25 906.68 11,065.58 11,972.26 9,406.06 11,891.68 135,047.36 146,939.04 113,289.58 1,816.55 695.00 2,511.55 917.98 3,182.05 691.37 3,873.42 1,958.67 61,174.37 214,394.42 275,568.79 167,688.69 40,407.74 45,134.15 85,541.89 81,861.47 51,720.05 35,790.92 87,510.97 5,649.50 92,127.79 80,925.07 173,052.86 87,510.97 |
|---|---|
Fountains Church Bradford Notes to the Financial Statements for year ending 31st December 2021
5 Staff Costs
| Staff Costs | 2021 | 2020 |
| Salaries & On costs | 164,870.61 | 126,207.89 |
| Number of Staff employed | 8 | 7 |
5a Related Parties
A payment has been made from Congregational Giving to Trustees Bruce & Deborah Warren via their Mission Agency (Pioneers) of £216.00
Becky Maslen-Smith is paid a salary and is related to Linda Maslen
| 6 Transfer between Funds 7 Current Assets SDF Grant due for 2020 HMRC Gift Aid due for 2020/2021 Debtors Prepayments 8 Creditors: amounts falling due within one year Accruals Net wages PAYE Pension |
2021 2020 - - - - 28,233.03 14,014.80 1,549.00 326.73 2105.00 0.00 -987.97 6241.74 7358.77 |
|---|---|
9 Funds
| Restricted Fund Names Leeds Diocese (SDF) Bradford Family Church - Baby Basics Bradford Family Church - Youth & Mission West Yorkshire Redemming Food Ministry Phase 2 Building Renew Wellbeing Wrestling Bradford Guild of Help Grace Kitchen New Wine Unrestricted Funds |
Balance 1st January Income Expenditure Transfers Gains & Losses Balance at 31st December 2020 2021 3,947.99 131,100.66 123,620.28 7,480.38 11,428.37 4,597.96 450.00 3,926.00 - 3,476.00 1,121.96 2,000.00 - - - 2,000.00 500.00 - - - 500.00 24,744.97 7,897.73 4,316.45 - 28,326.25 3,581.28 - 77,127.28 43.27 77,084.01 77,084.01 - 4,000.00 792.02 3,207.98 3,207.98 - 4,147.70 4,223.00 -£75.30 -£75.30 5,000.00 4,248.65 751.35 751.35 24,805.16 68,224.71 28,326.25 -43,419.55 -15,093.30 5,000.04 5,000.04 - - |
|---|---|
| 35,790.92 259,528.57 214,394.42 - 45,134.1580,925.07 - - 51,720.05 101,582.11 61,174.37 40,407.74 92,127.79 |
|
| 51,720.05 101,582.11 61,174.37 - 40,407.7492,127.79 - - |
9a) It has been agreed by the Trustees that the balance in Food Ministry is to be transferred to Grace Kitchen as the projects are one in the same
Fountains Church Bradford (a charitable incorporated organisation)
Trustees’ Report and Financial Statement For the Year Ended 31[st] December 2021
Registered Charity 1183423
TRUSTEES
The Trustees who served the Charity during the year to 31[st] December 2021 were as follows:
Christopher Butler 25[th] April 2021 Sally Curtis Alice Czajka Rev Peter Wilfrid Gunstone Terry Henry June Elisabeth Hill The Rt Rev Dr Toby Matthew Howarth The Ven Dr Andrew John Jolley Dr Hendrika Jolley Rev Linda Maslen Joanna Douglas 25[th] April 2021 Rev Nathanael Poole Bruce Warren Jonathan Wood Resigned in the period Ruth Nutter 25[th] April 2021 BANKERS CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ LEGAL ADVISORS AWB Charlesworth, City Hub, 9-11 Peckover Street, Bradford, BD1 5BD INDEPENDENT EXAMINER Nigel Gorski Consulting, Chartered Accountant
Fountains Church Bradford (a charitable incorporated organisation) Year Ended 31 December 2021
REGISTERED OFFICE
Fountains Church Bradford Glydegate Square Glydegate Bradford BD5 0BQ
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity was established on 15[th] May 2019 as a charitable incorporated organisation.
The organisation and administration of the Charity are the responsibility of Trustees. The Trustees hold office for periods set out in the constitution.
OBJECTIVES AND ACTIVITIES
The objectives, for the public benefit, of the Charity are:
To advance the Christian Faith within the city of Bradford Metropolitan District in the Diocese of Leeds and in accordance with the doctrines, policies, practices and patterns of worship of the Church of England by furthering its pastoral, evangelistic, social and ecumenical activities: and
The prevention or relief of poverty in the City of Bradford Metropolitan District by providing items and services to individuals in need and /or charities, or other organisations working to prevent or relieve poverty.”
TRUSTEE REPORT
Trustee Report 2021
Introduction
Fountains Church is a highly visible church based in reclaimed nightclubs at the heart of Bradford. It has a strong Bradford identity and is both ethnically and culturally diverse.
2021 was our second full year of operation and, as with the previous year, substantial parts of the year were impacted by the pandemic. As the financial year began non-essential shops were beginning to open but worship was needing to take place with social distancing in place and with the congregation not able to join in sung worship. Because of the limited numbers allowed in the space, a 7pm service was started to accommodate our numbers.
Our work with those who were struggling due to mental health issues and those on the margins / from more disadvantaged backgrounds continued and broadened out and Saturday Gathering moved from an outside food give away service to a sit-down meal with a worship gathering.
Our initial phase of building work had completed in November 2020 and during this year we completed the Phase 1a food storage area and office area and then the ground floor of Phase 2 accessed via Chester Street, supported by a significant grant from Allchurches Trust as well as the Church Commissioners’ Strategic Development Funding.
Fulfilment of charitable objectives – Emerging from the pandemic and growing Church
As noted above a significant chunk of the year was spent navigating the restrictions around Covid and people’s understandable anxiety around stepping back from them. We worked with legislation and were able to be open all through the year.
A downside of this year has been our inability be missional in all the ways we might have liked to be, as many people were still working from home and being cautious around too much human contact. However, we have been able to develop our work with people from the margins / more disadvantaged backgrounds and have had regular community meals on Tuesdays and Thursday lunchtimes and Saturday and Sunday teatime. We have built some good relationships with the community that ‘makes the City Centre their home’ as well as many of the agencies supporting them.
Saturday Gathering which began in 2020 with us offering a hot meal to the community outside moved indoors in Jan 2021 and has been growing steadily since then. This is a new congregation growing new disciples of Jesus in a service built around food. During the year this has averaged about 40 people with a number of those beginning to follow Jesus for themselves.
Our Sunday services have grown steadily at 4.30pm and a new 7pm service on alternate weeks has also grown. The children’s work is now beginning to mature well, and we are grateful to the growing number of volunteers who are enabling this. Fountains is now registered for weddings, and we were able to hold two weddings within the restrictions for Covid during this year. We reorganised our home groups during the autumn to enable physical meetings to take place more easily and added two more groups to our number.
In September 21 we were finally able to have a Civic launch of our new building and had over 120 attendees including those from the City Council, local businesses, councillors, ecumenical and Church of England partners. This has led to the building of some very strong relationships that are already bearing some fruit.
Fountains Drop-In was born out of this with the Police Commander asking to work in partnership to set up a one-stop shop for support for people in need of housing, benefit, mental health, medical or drug and alcohol support. Starting at the end of 2021 with a few agencies supporting, we saw an immediate results with people arriving homeless and leaving with a home, people given prescriptions for drug reduction, tested for Hepatitis C and helped back into benefits from the first session. We are planning to see this service continue through 2022 and involve more agencies to support local people in a wide variety of ways.
Fountains Church is part of the national Renew Wellbeing network and in 2021 ran both online sessions and an in-person sessions supporting mental health and wellbeing. We hope to expand this during 2022.
We started to host wrestling performances in the autumn of 2021 along with the development of a wrestling school led by Gareth Thompson. We are now planning a Wrestling church as we are seeing people come to and return to faith through the school and the performances.
Other Objects – Social Enterprise
The food side of social enterprise has continued to develop in support of the broader ministry of Fountains. We support several foodbanks with fresh fruit and veg food from the waste chain, cleaned by volunteers and delivered ‘just in time’ for the foodbanks. On average we are collecting about 1.5 tons of food a week that would otherwise be wasted. Food is also converted into meals some of which are served through Grace Kitchen and the community meals others are again given away to the foodbanks.
Social enterprise is also supporting the development of the Mental Health and Wellbeing Groups and Wrestling and has been successful in obtaining several grants.
The social enterprise team also took over the management of Baby Basics – a group providing essentials to new mums through a network of midwives and support agencies.
As we look forward, we are hoping to widen the scope of the social enterprise activities and to move away from being almost wholly grant funded and to revenue generation.
Building
The ground floor of the second phase of our building was completed in September 2021. This provided us with a bright and airy space known as The Hub, a meeting room The Rotunda and an amazing kitchen. The space is used for our mental health and wellbeing groups and for Kids Church and over time will become the space for Saturday Gathering so that the café space currently used can be turned into a revenue generating café.
The use of our building by others renting the space has increased during the year. It became very attractive to Bridge Project (a Bradford based drug treatment charity) and others because of the large spaces and good ventilation, and we were very grateful to our team and to Alice Czajka for helping us to get good processes and procedures in place for this.
Fountains Network of Churches
Towards the end of 2021, encouraged by Bishop Toby and Archdeacon Andy Jolley, we began discussing a partnership link with St Margaret’s Frizinghall, a nearby parish with a majority-Muslim population. This is part of the wider strategy for the Bradford Episcopal Area to strengthen and revitalise churches. As a result, in December Revd Nathanael Poole was licensed as part-time Interim Priest-in-Charge of St Margaret’s. It was agreed that his reduced time at Fountains would be focused on discipleship and learning. A similar partnership link with a shared clergy appointment with the parish of Shelf with Buttershaw, has now been suggested by the Bishop and Archdeacon.
This parish has a lot of outer estate housing, so the two link parishes cover the two different contexts where the Church of England probably faces the most significant challenges in church revitalisation.
Impact of Covid-19
Covid -19 did grow our capability to minister online, and we have continued to offer Daily Prayer online and most of our services are live streamed his has meant many people have watched online before joining us in person. But it has also had an impact on the frequency with which people attend church physically.
It was not until July 2021 that the government removed restrictions, but it really took until September for things to feel a bit more normal. Throughout this time congregation numbers and regular monthly giving remained strong
A pandemic spanning two years, combined with Brexit has affected both finances and growth. Building labour and materials increased significantly in cost. Restrictions on meetings and relationship development have had an impact on the congregational growth we were expecting. This does give us some concerns for the step changes that are needed for the longer-term plan.
Conclusion
Once again it has been a hugely challenging year for us and what has been achieved demonstrates the faithfulness of God and the willingness and support of a very talented team of paid staff and volunteers. The year ahead looks very exciting. To realise all that we believe God has placed in our hearts to achieve we must ensure that we have our foundations firm. I am tremendously grateful to the team I get the privilege to serve alongside and we all look forward to the challenges and blessings of the year ahead.
I (HARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Fountains Church Bradford On accounts for the year ended 31 Dernber 2021 Charity no {if any) 1183423 Set out on pages 1-9 Incluslve I report to the trustees on my examination of the accounts of the above charity Ilhe Trust-) for the year ended 31 12 2021. As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirernents of the Charrties Act 2011 ('the Act"). Responsibilities and basis of report I report in respect of my examination of the Trust's accoLtnls carried out under section 145 of Ihe 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 14515){bl of the Act. Independent The charity's gross income exeded £250.000 and l am qualified to examinerfs statement undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales. I have completed my examination. I confirrn that no malerial matters have come to my attention in connection wth the examination {other than that disclosed below ') which gives me cause lo believe that in, any malerial respect-. the accounting records were not kept in accordance with section 130 of the Charities Act- or the accounts did not accord with the accounting records.. or the accounts did not comply wth the applicable requirements COnrning the fomi and content of accounts set out in the Chartties (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. Please delete the w0S in the brackets rfthey do not apply. Signed: Dato: 19 April 2022 Name: Nigel Gorski Relevant professional qualiflcationls) or body ICAEW 8009107 IER Oct 2018
(rf any): Address: 23 Holllnwood View Bingley BD16 2EF Section B Disclosure Only complete if the examiner needs to highlight material matters of concein (see CC32, IndeFendent examination of charty accounts.. directions and guidan for examiners). Give here brief detalls of any items that the examiner wishes to disclose. A full audit is not required to be carried out on this Charity and items listed in this Section are not intended lo be an exhaustive list but are items that came to our attention during our examination of the accounts. Section 5.2 of CC32 provides that the accounting records kept by the charity should.. be up to date at the time the accounts are prepared be readily available provide the basic information from which the charity's financial position can be understood on any selected date and al the end of the reporting period Observation- During the accounls preparation process, it was noted that bank reconciliations had not been carried out on a regular basis and items had not been fully posted to the correct accounts category I class. This raises the risk that the trustee5 do not have accurate information upon which to make their decisions and that Incorrect informa*'on is given on restricted and unrestricted funds. This has been rectified during the accounts preparation process to 31 December 2021 and it is recommende(S financial controls review is carried out during the current financial year together with monthly infomation extracted from the Nominal Ledger (Quickbooks). Observation. Note 8 contains a pension accnJ81. This has been built up over the year as the pension fund has not always been in sync with Ihe correct amounts due. The accrual is considered to be the accurate position. The Trustees are reminded that they have a Statutory obligation to administer and pay over workplace pensions in a timely and accurate manner and that this should be reviewed monthty. Observation.. Note 9 of the accounts provides details supporting the income and expenditure of restricted funds_ It should be noted that there is a significant deficit on the Grace Kitchen fund. It is CoMMended that the Trustees carry out an urgent review of the funding of the Grace Kitchen and its related Food Ministry fund under note 9a and that detailed management inlomalion is available on at least a monthly basis to the Trustees to ensu that these funds do not jeopardise other funds within the Charity. IER Oct 2018