POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WELLINGBOROUGH CHURCH
Registered Charity Number: 1184911 Company number: CE018543
Trustees' Report and Financial Statements for the period ended 31 March 2021
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WELLINGBOROUGH CHURCH
| Contents | ||
|---|---|---|
| Page | ||
| Report Of The Trustees | 1 to 3 | |
| Independent Examiner's Report | 4 | |
| Statement of Financial Activities | 5 | |
| Balance Sheet | 6 | |
| Notes forming part of the financial statements | 7 to 9 |
PAGE 1
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WELLINGBOROUGH CHURCH
Trustee's Report
For the period ended 31 March 2021
The trustees present their report along with the financial statements of the charity for the period ended 31 March 2021. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document and Accounting and Reporting by Charities: Statement of Recommended Practice for Charities preparing their accounts in accordance with Financial Reporting Standard 102 applicable in the UK and the Republic of Ireland published on 16 July 2014.
Reference and Administrative Details of the Charity, its Trustees and Advisors
Charity Number 1184911 Company number: CE018543 Charity Offices 26 Rock Street Wellingborough Northamptonshire NN8 4LW Managing trustees Chairperson Paul Anderson King Trustee Donna Marie King Trustee Karen Angela Logan
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WELLINGBOROUGH CHURCH
Trustee's Report (continued)
For the period ended 31 March 2021
Structure, Governance and Management
Governing document
Constitution dated 16 August 2019
Constitution of trustee and selection methods
The charity is constituted as a CIO and the trustees are appointed by the existing trustees.
Objectives, activities and public benefit
The objectives of the charity are:
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l to advance the Christian faith in accordance with the statement of faith in the United Kingdom and such other parts of the world as the church council may from time to time think fit;
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l the relief of poverty and sickness and to relieve the distress caused thereby regardless of nationality, religious political or other opinion in the United Kingdom and such other parts of the world as the church council may from time to time think fit;
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l and such purposes which are exclusively charitable according to the law of England and wales and are connected with the charitable work of the church.
Reserves policy
Due to the charity being a small organisation and its future expenses being fairly predictable in nature the trustees have decided not to have a minimum reserve. During the period under review the charity has been able to cope successfully without a minimum level of reserve.
Financial review
Total income received by the charity amounted to £28,847 including general voluntary income amounting to £18,843. Total expenditure by the charity amounted to £21,458 of which £21,128 relates to running costs. The remainder of the costs relate to governance costs.
Voluntary help
The Charity continues to receive significant input from volunteers who give freely their time and often incur expenditure on behalf of the Charity without seeking reimbursement. The trustees also appreciate the professional advice, community development assistance, and management consultancy provided by the appropriate individuals and organisation.
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WELLINGBOROUGH CHURCH
Trustee's Report (continued) For the period ended 31 March 2021
Statement of trustees' responsibilities
Law applicable to charities in England and Wales require the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:
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(a) select suitable accounting policies and apply them consistently;
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(b) make judgements and estimates that are reasonable and prudent;
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(c) state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
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(d) prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation;
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 financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approval
This report was approved by the trustees on 21 December 2021 and signed on their behalf.
Paul Anderson King
Chairman
Karen Angela Logan Trustee
PAGE 4
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WELLINGBOROUGH CHURCH
Independent Examiner's Report to the Trustees of POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WELLINGBOROUGH CHURCH For the period ended 31 March 2021
I report to the trustees on my examination of the financial statements of POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WELLINGBOROUGH CHURCH (‘the charity’) for the period ended 31 March 2021 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.
This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the charity trustees of the Trust 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.
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 respect of the charity as required by section 130 of the Act; or 2. the financial statements do not accord with those records; or
3.
the financial statements 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 financial statements to be reached.
Paul Minards ATT DMO Accountants
First Floor Offices 25 Sanders Road Finedon Road Industrial Estate Wellingborough Northamptonshire NN8 4NL
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WELLINGBOROUGH CHURCH
Statement of Financial Activities
For the period ended 31 March 2021
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| Funds | Funds | ||
| Note | 2021 | 2020 | |
| £ | £ | ||
| INCOMING RESOURCES | |||
| Incoming resources from generated funds; | |||
| Voluntary income | 2 | 18,843 | 13,396 |
| Tax refund - gift aid | 0 | 8,893 | |
| Other income | 3 | 10,004 | 0 |
| Total incoming resources | 28,847 | 22,289 | |
| RESOURCES EXPENSED | |||
| Church running costs | 4 | 21,128 | 12,023 |
| Governance costs | 5 | 330 | 1,440 |
| Total resources expensed | 21,458 | 13,463 | |
| Net resources before transfers | 7,389 | 8,826 | |
| Unrestricted funds brought forward | 8,826 | 0 | |
| Transfers: | |||
| 0 | 0 | ||
| Unrestricted funds carried forward | 16,215 | 8,826 |
The notes on pages 7 to 9 form part of these accounts.
PAGE 6
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WELLINGBOROUGH CHURCH
Charity number: 1184911
Balance Sheet
| ce Sheet | |||
|---|---|---|---|
| he period ended 31 March 2021 | Income and | Expenditure Account | |
| Note | 2021 | 2020 | |
| £ | £ | ||
| Fixed assets | |||
| Tangible fixed assets | 6 | 5,606 | 2,886 |
| 5,606 | 2,886 | ||
| Current assets | |||
| Debtors | 7 | 1,079 | 1,079 |
| Cash at hand and in bank | 9,860 | 5,161 | |
| 10,939 | 6,240 | ||
| Creditors (due < 1 year) | 8 | 330 | 300 |
| Net current assets | 10,609 | 5,940 | |
| NET ASSETS | 16,215 | 8,826 | |
| Funds | |||
| Designated | 0 | 0 | |
| Unrestricted funds | 16,215 | 8,826 | |
| 16,215 | 8,826 |
For the period ended 31 March 2021
Approved by the board of trustees on 21 December 2021 and signed on its behalf.
Paul Anderson King Chairman
Karen Angela Logan Trustee
The notes on pages 7 to 9 form part of these accounts.
PAGE 7
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WELLINGBOROUGH CHURCH
Notes to the accounts
For the period ended 31 March 2021
1 ACCOUNTING POLICIES
1.1 Basis of preparation of accounts
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document and Accounting and Reporting by Charities: Statement of Recommended Practice for Charities preparing their accounts in accordance with Financial Reporting Standard 102 applicable in the UK and the Republic of Ireland published on 16 July 2014.
1.2 Fund accounting
Income and expenditure is allocated between funds in the Statement of Financial Activities Income and Expenditure Account as follows:
- Unrestricted funds where the donor has made no stipulation in the way the income is spent and where the charity may use the funds in any way it sees fit in order to pursue its charitable objectives Designated funds where unrestricted funds have been earmarked by the Board for a particular charitable purpose.
1.3 Tangible fixed assets for use by the charity and depreciation
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings and equipment 20% per annum on a reducing balance basis
1.4 Incoming resources
Voluntary income and donations are accounted for as received by the charity except for any grants received for specific purposes that have not been spent.
1.5 Resources expended
Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered.
Expenditure which is directly attributable to specific activities has been included in these cost categories. Where costs attributable to more than one activity, they have been apportioned across the cost categories on a basis consistent with the use of these resources.
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1.6 Voluntary work and services received
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The charity benefits from the many voluntary hours and unclaimed out of pocket expenses contributed by a large number of volunteers and trustees. In addition other contributions in kind such as food stuffs and materials are received by the charity. It would be difficult to place a value on all these gifts in kind, without which the charity would need to expend additional resources.
1.8 Debtors and creditors due within one year
These are measured at transaction price which is usually the invoice amount.
1.9 Going concern
The accounts have been prepared on a going concern basis which does not take into account adjustments that would be appropriate were this not to be so. The trustees consider that the Charity is a going concern.
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WELLINGBOROUGH CHURCH
Notes to the accounts
(continued…)
For the period ended 31 March 2021
2 VOLUTNARY INCOME
| 2 VOLUTNARY INCOME Tithes and Offerings World Evangelism Pledge 3 OTHER INCOME Bank interest Covid-19 Grant 4 CHURCH RUNNING COSTS Fellowship Tithe Guest preachers Hospitality Benevolence Local outreach and advertising Revival expenses Sunday school Books & Periodicals World Evangelism Mens Discipleship Youth Group Rent Light & heat Insurance costs Cleaning & canteen Travel & subsistence Telephone Printing & stationery Computer & software costs Repairs & renewals Small equipment and furniture Subscriptions Depreciation Profit/loss on disposal 5 GOVERNANCE COSTS Legal and professional costs Independent examiner's and accountancy fees |
2021 £ 18,373 230 240 18,843 2021 £ 4 10,000 10,004 2021 £ 2,040 1,920 934 812 11 596 278 287 150 145 230 5,271 1,913 363 400 250 388 455 76 2,169 765 56 1,619 0 21,128 2021 £ 0 330 330 |
2020 £ 12,136 0 1,260 |
|---|---|---|
| 13,396 | ||
| 2020 £ 0 0 |
||
| 0 | ||
| 2020 £ 890 750 1,051 0 206 172 274 0 500 0 0 3,199 0 206 0 55 288 118 0 3,335 436 50 493 0 |
||
| 12,023 | ||
| 2020 £ 1,140 300 |
||
| 1,440 |
PAGE 9
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WELLINGBOROUGH CHURCH
Notes to the accounts For the period ended 31 March 2021
(continued…)
6 TANGIBLE FIXED ASSETS
| Cost or valuation Balance b/f Additions Disposals Balance c/f Depreciation Balance b/f Charge for the year On disposals Balance c/f Net book value As at 31 March 2021 As at 31 March 2020 7 DEBTORS Trade debtors Other debotrs - rental deposit Prepayments and accrued income 8 CREDITORS (due < 1 year) Trade creditors and accruals |
£ 3,379 4,339 0 7,718 493 1,619 0 2,112 5,606 2,886 2021 £ 0 1,079 0 1,079 2021 £ 330 330 Fixtures & equipmen t |
Total £ 3,379 4,339 0 |
|---|---|---|
| 7,718 | ||
| 493 1,619 0 |
||
| 2,112 | ||
| 5,606 | ||
| 2,886 | ||
| 2020 £ 0 1,079 0 |
||
| 1,079 | ||
| 2020 £ 300 |
||
| 300 |
9 TRUSTEES REMUNERATION AND EXPENSES
The trustees have not received any remuneration or have been paid any expenses during the current or preceding year.