## **ALL SAINTS PRESBYTERIAN CHURCH**
Report and Accounts
for the year to 31 December 2022
Charity registration number 1184509
## **All Saints Presbyterian Church Report and accounts Contents**
||**Page**|
|---|---|
|Charity information|1|
|Report of the Trustees|2|
|Independent examiner's report|6|
|Statement of Financial Activities|7|
|Balance sheet|8|
|Cashflow|9|
|Notes to the accounts|10|
## **All Saints Presbyterian Church Trust information**
**Trustees** Rev. William Schweitzer (Chairman) resigned 16 Sept 2022 Jonathan Winch (Treasurer) Dr Christopher Richards Rev. Benjamin Wontrop (Chairman) appointed 16 Sept 2022 **Charity number** 1184509 **Church address** All Saints Presbyterian Church Akenside Hill Newcastle NE1 3UF **Independent examiner** Kinnair and Company Limited Aston House Redburn Road Newcastle Upon Tyne NE5 1NB
1
## **All Saints Presbyterian Church Trustees' report**
## **Introduction**
The Trustees of All Saints Presbyterian Church present their report and accounts for the period ended 31 December 2022. These are prepared in accordance with the governing document, applicable accounting standards and the recommendations of Statement of Recommended Practice: Accounting and Reporting by Charities.
## **Objectives and principal activity**
To advance the Christian Faith in accordance with the Statement of Beliefs in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time see fit.
To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world from time to time as the Trustees from time to time see fit.
To advance education in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time see fit.
## **The objectives are fulfilled by:**
Holding public worship services, prayer meetings, Bible studies, evangelistic meetings, study groups and fellowship meetings to promote the spiritual good of the church generally and of those in attendance particularly.
Carrying out evangelistic work in the region.
Supporting domestic church planting and world missionary activities through prayer and financial aid.
Giving support outlined in object 2 to those who find themselves in need. The Minister is available to meet with the sick/distressed and their families at all times.
Working closely with a local seminary campus, Westminster Presbyterian Theological Seminary (WPTS), accredited by Greenville Presbyterian Theological Seminary in the United States, to provide theological education with the goal of advancing the Great Commission.
Operating an internship programme, which provides training and practical experience for ministerial candidates.
## **Public benefit**
The Trustees are aware of the Charity Commission guidance on public benefit. In doing so, the Trustees confirm that the charity's activities wholly comply with this guidance. In particular, this is evidenced by the way we have sought to advance the Christian faith through public outreach and teaching ministries to as many members of the public, both at home and abroad, as we are able to reach.
2
## **All Saints Presbyterian Church**
## **Trustees' report**
## **Achievements and performance**
Ministry has continued according to the usual pattern, led by the Minister, elders and other qualified members, as well as visiting ministers. Ministry includes:
- The preaching of two public worship services (including prayer, the reading of God's Word, the preaching of a
- sermon, and sung praise) every Sunday.
- The administration of the Lord's Supper once per month.
- The administration of baptism to covenant children and new believers.
- The holding of prayer meetings and Bible Study on alternate Wednesdays.
- The holding of homegroups across three venues in Gateshead on the other Wednesdays.
- Pastoral support to the congregation and others as required, and according to a schedule of pastoral visitation
- Practical and financial support, provided through a "Deacon's Fund"
- Weekly evangelism on the streets of Newcastle, and supplemented by special events
- Regular Christianity Explored classes to introduce newcomers to the gospel
We have continued to support our church plants in Sunderland, Hexham and Zurich, and to provide assistance to Presbyterian churches in Hull and Durham , including visits by our staff and financial assistance.
We have substantially invested in the church grounds, opened our building to the public for historic tours, and established partnerships with local organisations such as The Glassworks Gateshead, who make use of our building.
The church continues to serve the young people of the congregation and that of other local churches by:
- The holding of a Young People's (youth ministry) meeting monthly.
- The holding of a Young People's (youth ministry) adventure camp in the summer.
3
**All Saints Presbyterian Church Trustees' report**
## **Financial review**
During the period the Charity's total income was £111,614
During the year the Charity's total expenditure £125,517
The total of the Charity's funds at 31 December 2022 was £1,192,269 which comprised an accumulated surplus on the General Fund of £1,024,056, an accumulated surplus on the capital fund of £71,898 and the accumulated surplus on the Restricted Fund of £96,315.
The regular finances of the Charity, to a very large extent, are given by the members of the Church congregation. Much work is done privately without recognition - the hours and value of that time cannot be quantified in advancing the Gospel. (Matthew 5:13-16)
Reserves policy: the Church has received endowment funding from a 501(c)3 Foundation in the United States that will fund certain specified programs, including development of the seminary, a hymnal project and the convening of conferences, to be used over several years, being subject to strict and specific uses as required under the US Internal Revenue Code.
## **Plans for future periods**
- A ministerial assistant will assist with student outreach, including evangelism, and the further development of young people's work.
- As our building becomes better known throughout Tyneside, we are looking to increase its community usage.
## **Structure, governance and management**
The Charitable Incorporated Organisation (CIO) was formed under a constitution dated 19 July 2019.
New Trustees are appointed by existing Trustees.
The Church is a congregation belonging to the Evangelical Presbyterian Church in England and Wales (EPCEW) religious denomination. As such it shares the same vision as other congregations within the Presbytery and through the Presbytery, with other like-minded churches throughout the world (the EPCEW is a member of the International Conference of Reformed Churches).
The spiritual leadership of the Church in regards to spiritual affairs is governed under and by the authority of the Book of Church Order of the Evangelical Presbyterian Church in England and Wales.
The Charity's Trustees in regards to temporal affairs are governed by a charity constitution governed under the laws of England in particular the Charities Act.
The Charity's Trustees have considered and follow publication "A guide to conflicts of interest for Charity Trustees" as a matter of good practice.
4
## **All Saints Presbyterian Church Trustees' report**
## **Reference and administrative details**
All Saints Presbyterian Church (the CIO, the Charity) is a registered charity (registration number 1184509).
The governing body of the Charity is the board of Trustees, which currently comprises 3 members. The Trustees who acted during the year and up to the date of this report are shown on page 1.
The registered office of the Charity and details of its principal advisors are shown on page 1.
## **Statement of trustees' responsibilities**
The Trustees are required to prepare accounts for each financial year which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit for that period. In preparing those accounts, the Trustees are required to: select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and prepare the accounts on the going concern basis unless it is inappropriate to assume that the Charity will continue its activities.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the accounts comply with statutory requirements and with Charity's constitution and rules. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.
## **Disclosure of information to the independent examiner**
So far as each Trustee at the date of approval of this report is aware:
- there is no relevant information of which the Charity's independent examiners are unaware; and
- the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the independent examiners are aware of that information.
## **Approval**
This report was approved by the Trustees on 26 October 2023 and signed on its behalf by:
. . . . . . . . . . . . . . . . . . . . . . Jonathan Winch Trustee and Treasurer
5
**All Saints Presbyterian Church Independent Examiner's Report**
## **Independent examiner's report to the Trustees of All Saints Presbyterian Church**
I report on the accounts of the Charity for the period ended 31 December 2022, which are set out on pages 7 to 16.
## **Respective responsibilities of the Trust and the examiner**
As members of the Charity you are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011(‘the 2011 Act’) and that an independent examination is needed.
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 Commissioner (under section 145(5)(b) of the 2011 Act); and
- to state whether particular matter have come to my attention.
## **Basis of this independent examiner's report**
My examination was carried out in accordance with the general directions given by the Charity Commissioner. That 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 considering 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 ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
Since the gross income for the year exceeds the amount provided in section 145(3) of the Act, I confirm that I am qualified to act as Independent Examiner under the provisions of that section of the Act and that my qualification is as shown below.
In connection with my examination, no matter has come to my attention:
- which gives me reasonable cause to believe that in any material respect the requirements (a) to keep accounting records in accordance with section 130 of the 2011 Act; and (b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mai L C Mak BSc. Hons. FCA Chartered Accountant
Kinnair and Company Limited Chartered Accountants Aston House Newcastle Upon Tyne
26 October 2023
6
## **All Saints Presbyterian Church Statement of Financial Activities for the year ended 31 December 2022**
|**Notes**
**Income**
Voluntary income
2
Investment income
Other income
3
**Total income**
**Expenditure**
Charitable activities:
- Staff
4
- Direct ministry
5
- Indirect ministry
6
- Property
7
- Depreciation
**Total expenditure**
.
**Net movement in funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2022**
**£**
84,878
221
26,515
111,614
20,011
33,256
11,167
48,042
13,040
125,516
(13,902)
1,109,856
1,095,954|**Restricted**
**income funds**
**2022**
**£**
-
-
-
-
5,074
-
204
-
-
5,278
(5,278)
101,593
96,315|**Total**
**funds**
**2022**
**£**
84,878
221
26,515
111,614
25,085
33,256
11,371
48,042
13,040
130,794
(19,180)
1,211,449
1,192,269|**Total**
**funds**
**2021**
**£**
97,639
434
12,150
110,223
47,670
144,649
34,590
65,862
17,550
310,321
(200,098)
1,411,547
1,211,449|
|---|---|---|---|---|
The Charity has no recognised gains or losses other than those shown in the Statement of Financial Activities. All of the activities of the Charity are classed as continuing.
7
## **All Saints Presbyterian Church Balance Sheet as at 31 December 2022**
|**Notes**
**Fixed assets**
Tangible assets
9
**Current assets**
Debtors
10
Cash at bank and in hand
**Creditors: amounts falling due within one year**
11
**Net current assets**
**Net assets**
**Funds**
_Unrestricted funds:_
- General Fund
12
- Capital Reserve
13
_Restricted funds:_
- Restricted income funds
14
**Total Trust funds**|**2022**
**£**
1,043,557
6,642
144,529
151,171
(2,459)
148,712
1,192,269
1,024,056
71,898
1,095,954
96,315
96,315
1,192,269|**2021**
**£**
1,055,115
6,148
156,502
162,650
(6,316)
156,334
1,211,449
1,037,958
71,898
1,109,856
101,593
101,593
1,211,449|
|---|---|---|
These accounts were approved by the Trustees on 26 October 2023 and signed on its behalf by:
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Jonathan Winch Trustee and Treasurer
8
## **All Saints Presbyterian Church Notes to the Accounts for the year ended 31 December 2022**
## **1 Accounting policies**
## _**Basis of preparation**_
The financial statements of the Charity have been prepared under the historical cost convention in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (Charities SORP (FRS102)) and the Charities Act 2011.
## _**Going concern**_
The Trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern. The Trustees make this assessment in respect of a period of one year from the date of authorisation of issue of the financial statements and have concluded that the Charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the Charity's ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in the preparation of the financial statements.
A summary of the principal accounting policies, which have been consistently applied, is set out below.
## _**Income**_
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Collections and donations are recognised when received.
Income tax recoverable on Gift Aid donations is not recognised until such claims that are made have been approved by HMRC and the amount receivable can be quantified with reasonable certainty.
## _**Expenditure**_
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. All expenditure is inclusive of irrecoverable Value Added Tax.
## _**Fixed assets**_
Fixed assets are held at fair value.
At each reporting date the Charity assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined to be the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives.
9
**All Saints Presbyterian Church Notes to the Accounts for the year ended 31 December 2022**
## **Debtors**
Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Chairty anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
## **Pensions**
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
## _**Taxation**_
The Charity is exempt from Income Tax on its charitable activities but is not exempt from Value Added Tax. Irrecoverable VAT is included in the cost of those items to which it relates.
## _**Fund accounting**_
The charity operates restricted and unrestricted funds. Restricted funds relate to amounts received which have been specified for a particular use by the donor. All other funds are unrestricted funds which the charity may use for its charitable purposes at its discretion. Within unrestricted funds, the charity may designate certain funds for specific purposes.
10
## **All Saints Presbyterian Church Notes to the Accounts**
**for the year ended 31 December 2022**
## **2 Income: Donations**
|Donations
Congregation - stewardship
**3**
**Income: Other**
Elders fund
**4**
**Expenditure: Staff**
Minister stipend and expenses
Other wages|**2022**
**Unrestricted**
**£**
40,625
44,253
84,878
**2022**
**Unrestricted**
**£**
26,515
26,515
**2022**
**Unrestricted**
**£**
16,070
3,941
20,011|**2022**
**Restricted**
**£**
-
-
-
**2022**
**Restricted**
**£**
-
-
**2022**
**Restricted**
**£**
720
4,354
5,074|**2022**
**Total**
**£**
40,625
44,253
84,878
**2022**
**Total**
**£**
26,515
26,515
**2022**
**Total**
**£**
16,790
8,295
25,085|**2021**
**Total**
**£**
36,941
60,698
97,639
**2021**
**Total**
**£**
12,150
12,150
**2021**
**Total**
**£**
39,502
8,168
47,670|
|---|---|---|---|---|
No member of staff was paid over £60,000
11
## **All Saints Presbyterian Church Notes to the Accounts**
**for the year ended 31 December 2022**
## **5 Expenditure: Direct ministry costs**
|Youth ministry
Church fellowship
Deacons Fund
Hymnal and conference costs
Support
Seminary (WPTS) costs|**2022**
**Unrestricted**
**£**
26,281
1,640
4,000
952
383
-
33,256|**2022**
**Restricted**
**£**
-
-
-
-
-
-
-|**2022**
**Total**
**£**
26,281
1,640
1,250
952
383
-
30,506|**2021**
**Total**
**£**
24,650
1407
1250
1,636
1,223
17,556
144,649|
|---|---|---|---|---|
## **6 Expenditure: Indirect ministry costs**
|Administration
Refreshment
Telephone and internet
Accountancy fee
Bank charges and interest
**7**
**Expenditure: Property**
Sundry
Facilities: Rent and utilities
Rates
Cleaning
Insurance
Profit / (loss) on disposal|**2022**
**Unrestricted**
**£**
7,048
411
978
2,640
90
11,167
**2022**
**Unrestricted**
**£**
2,451
32,969
416
2,855
8,389
962
48,042|**2022**
**Restricted**
**£**
-
-
-
204
-
204
**2022**
**Restricted**
**£**
-
-
-
-
-
-
-|**2022**
**Total**
**£**
7,048
411
978
2,844
90
11,371
**2022**
**Total**
**£**
2,451
32,969
416
2,855
8,389
962
48,042|**2021**
**Total**
**£**
28,824
456
2,680
560
100
34,590
**2021**
**Total**
**£**
-
58,199.00
-
4030
3633
-
65,862|
|---|---|---|---|---|
12
**All Saints Presbyterian Church Notes to the Accounts for the year ended 31 December 2022**
## **8 Staff costs**
No member of staff earned £60,000 or more during the year.
No payments were made to the Trustees during the year for reimbursed expenses and wages.
## **9 Tangible fixed assets**
|**Freehold land**
**and buildings**
**£**
**Cost**
At 1 January 2022
955,542
Additions
-
Disposals
-
At 31 December 2022
955,542
**Depreciation**
At 1 January 2022
-
Charge for the year
-
On disposals
-
At 31 December 2022
-
**Net book value**
At 31 December 2022
955,542
At 31 December 2021
955,542
**10 Debtors**
Prepayments and accrued income
**11 Creditors: amounts falling due within one year**
Trade creditors
Other taxes and social security costs
Other creditors
Accruals and deferred income
**12 General fund**
Net incoming (outgoing) resources
Transfer from Gateshead Presbyterian Church
Net transfers from the capital reserve
At 31 December|**Plant and**
**equipment**
**£**
121,695
16,944
(18,900)
119,739
22,122
13,040
(3,438)
31,724
88,015
99,573
**2022**
**£**
6,642
**2022**
**£**
190
469
-
1,800
2,459
**2022**
**£**
(13,903)
1,024,919
13,040
1,024,056|**Total**
**£**
1,077,237
16,944
(18,900)
1,075,281
22,122
13,040
(3,438)
31,724
1,043,557
1,055,115
**2021**
**£**
6,148
**2021**
**£**
180
1,468
3,348
1,320
6,316
**2021**
**£**
(77,605)
1,098,013
17,550
1,037,958|
|---|---|---|
13
## **All Saints Presbyterian Church Notes to the Accounts**
## **for the year ended 31 December 2022**
|**13 Capital reserve**
Transfer from the general fund
Net transfers to the general fund
At 31 December
The net transfer in the current year is depreciation.
**14 Restricted funds**
**Balance at**
**31 Dec 2021**
**£**
Restricted income funds:
-Hymnal
17,862
-Church planting
83,731
**Total restricted funds**
101,593|**2022**
**£**
84,938
(13,040)
71,898
**Outgoing**
**resources/**
**transfers**
**£**
(8,965)
3,687
(5,278)|**2021**
**£**
89,448
(17,550)
71,898
**Balance at**
**31 Dec-22**
**£**
8,897
87,418
96,315|
|---|---|---|
Restricted funds are solely for the use of capital restoration projects and for church growth.
## **15 Related party transactions**
In addition, £4,834 (2021- £4,180) was received in donations from related parties (Trustees) during the year.
## **16 Analysis of net assets between funds**
Fund balances at 31 December 2022 are represented by:
|Tangible fixed assets
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**£**
956,139
142,274
(2,459)
1,095,954|**Restricted**
**income**
**funds**
**£**
87,418
8,897
-
96,315|**Total**
**funds**
**£**
1,043,557
151,171
(2,459)
1,192,269|
|---|---|---|---|
14