Annual Report and Financial Statements for the Year Ended 31 December 2021
Centre Church
Charity registration number: 1185070
Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF
Centre Church
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 16 |
Centre Church
Reference and Administrative Details
Trustees Phillida Bennett (resigned 26 October 2021) Tyler Evenson (resigned 20 January 2022) Graham Olive Joy Dawes Ruth Stephens (appointed 26 October 2021) Wish Chigora (appointed 26 October 2021 and resigned 11 March 2022) Alexander Mason (appointed 20 January 2022) Charity Registration 1185070 Number Principal Office 180 Leylands Road Burgess Hill West Sussex RH15 8HS Independent Examiner G W Schulz ACMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF Bankers HSBC 50 Church Road Burgess Hill West Sussex RH15 9AE
Page 1
Centre Church
Trustees' Report
The Trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2021.
Structure, governance and management
Nature of governing document
Centre Church registered as a Charitable Incorporated Organisation (CIO), number 1185070, on 28 August 2019.
Recruitment and appointment of Trustees
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the constitution.
Organisational structure
The day to day running of the church and all decision-making has been done by the Church Council.
Risk management
The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
Objectives and activities
Objects and aims
The main object is the advancement of the Christian faith.
Public benefit
The Trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Achievements and performance
Review of activities
During 2021 many of the normal activities returned to meeting in person at the church. These included “Explore!” Mother and Toddler group, “511Kidz” children’s work, “The Net” Youth Programme, Friday evening Youth Club, weekly & monthly prayer meetings and some of the midweek Life Groups. However, Alpha, Healing Rooms and the remaining Life Groups continued to run over Zoom.
Church staff, involved in the local inter-church schools team, “The Hub”, ran a Youth Alpha for a whole year group at a local secondary school, followed by a Summer Camp for all ages of young people in Burgess Hill, Haywards Heath and surrounding villages.
Page 2
Centre Church
Trustees' Report
The church continued to meet in person but observed the prevailing Covid-19 regulations - including the wearing of masks, sanitisation, reduced seating and social distancing. To begin with two services were held so that more people could be accommodated. A Children’s Sunday School was run between the services. When restrictions were lifted, we returned to having one Sunday morning meeting with a concurrent Children’s Sunday School.
The community café in the foyer of the church reopened in May 2021 when Covid restrictions were relaxed. Government safety measures continued to be observed as appropriate.
During 2021, no foreign trips could be taken to the various missionaries the church supports due to the travel restrictions that continued to be in force.
During the summer, Lead Pastor Tyler Evenson took a 3-month paid sabbatical (postponed from 2020 due to Covid). During this period the church was run by the Oversight Team and Trustees.
In the autumn, Phillida Bennett retired as a Trustee after 10 years’ service. Ruth Stephens and Wish Chigora were both appointed as Trustees. Alex Mason was appointed to the Oversight Team.
Financial review
Income for the year amounted to £162,119 (2021: £154,327) and expenditure £152,263 (2020: £148,768), resulting in a surplus of £7,459 (2020: £5,559). This was added to the funds brought forward leaving a fund balance of £158,530 at the year end, of which £148,968 were unrestricted reserves.
Policy on reserves
It is the Charity's policy to maintain at least one month's unrestricted reserves in the bank account to cover the essential administrative and general costs.
Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.
Page 3
Centre Church
Trustees' Report
Statement of Trustees' Responsibilities
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records that 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, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The Trustees 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.
The annual report was approved by the Trustees of the charity on 17 October 2022 and signed on its behalf by:
| ..................................... | ..................................... | ......................................... |
|---|---|---|
| Graham Olive | Joy Dawes | Ruth Stephens |
| Trustee | Trustee | Trustee |
| ..................................... | ||
| Alexander Mason | ||
| Trustee |
Page 4
Centre Church
Independent Examiner's Report to the Trustees of Centre Church
I report to the Trustees on my examination of the accounts of Centre Church for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity Trustees of Centre Church 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 Centre Church'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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accounting records were not kept in respect of Centre Church as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting 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.
...................................... G W Schulz ACMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF
17 October 2022
Page 5
Centre Church
Statement of Financial Activities for the Year Ended 31 December 2021
| Note Unrestricted funds £ Income and Endowments from: Donations and legacies 2 132,637 Other trading activities 3 8,764 Investment income 4 1 Total income 141,402 Expenditure on: Raising funds 6,086 Charitable activities 5 116,840 Total expenditure 122,926 Net income/(expenditure) 18,476 Transfer between funds/from unincorporated charity (4,664) Net movement in funds 13,812 Reconciliation of funds Total funds brought forward 135,156 Total funds carried forward 12 148,968 |
Restricted funds £ 18,685 2,032 - 20,717 1,679 27,658 29,337 (8,620) 4,664 (3,956) 13,518 9,562 |
Total 31 December 2021 £ 151,322 10,796 1 162,119 7,765 144,498 152,263 9,856 - 9,856 148,674 158,530 |
Total 28 August 2019 to 31 December 2020 £ 143,487 10,834 6 |
|---|---|---|---|
| 154,327 | |||
| 8,398 140,370 |
|||
| 148,768 | |||
| 5,559 143,115 |
|||
| 148,674 - |
|||
| 148,674 |
The notes on pages 8 to 16 form an integral part of these financial statements. Page 6
Centre Church
Balance Sheet as at 31 December 2021
| Note Fixed assets Tangible assets 8 Current assets Debtors 9 Cash at bank and in hand Creditors: Amounts falling due within one year 10 Net current assets Net assets Funds of the charity: Restricted income funds Restricted funds Unrestricted income funds Unrestricted funds Total funds 12 |
2021 £ 123,985 123,985 1,470 34,582 36,052 (1,507) 34,545 158,530 9,562 148,968 158,530 |
2020 £ 126,853 |
|---|---|---|
| 126,853 | ||
| 1,765 21,701 |
||
| 23,466 (1,645) |
||
| 21,821 | ||
| 148,674 | ||
| 13,518 135,156 |
||
| 148,674 |
The financial statements on pages 6 to 16 were approved by the Trustees, and authorised for issue on 17 October 2022 and signed on their behalf by:
..................................... ..................................... ......................................... Graham Olive Joy Dawes Ruth Stephens Trustee Trustee Trustee
..................................... Alexander Mason Trustee
The notes on pages 8 to 16 form an integral part of these financial statements. Page 7
Centre Church
Notes to the Financial Statements for the Year Ended 31 December 2021
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with 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 (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Centre Church meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
Going concern
The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Gift aid
Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.
Investment income
Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
Page 8
Centre Church
Notes to the Financial Statements for the Year Ended 31 December 2021
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
| Asset class | Depreciation method and rate |
|---|---|
| Freehold property | 2% straight line |
| Equipment | 20% straight line |
| Furniutre adn fixtures | 20% straight line |
| Office equipment | 33% straight line |
Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Page 9
Centre Church
Notes to the Financial Statements for the Year Ended 31 December 2021
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Liabilities
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 charity 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.
Fund structure
Unrestricted income funds are general funds that are available for use at the Trustees's discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Page 10
Centre Church
Notes to the Financial Statements for the Year Ended 31 December 2021
2 Income from donations and legacies
| Unrestricted funds General £ Donations and legacies; Donations 106,020 Gift aid reclaimed 23,819 Grants, including capital grants; Grants 2,798 Other income from donations and legacies - 132,637 3 Income from other trading activities Unrestricted funds General £ Events income; Conferences and similar events - Property rental income 3,603 Café 180 income 5,161 Global University fees - 8,764 4 Investment income Interest receivable and similar income; Interest receivable on bank deposits |
Restricted funds £ 18,685 - - - 18,685 Restricted funds £ - - - 2,032 2,032 Unrestricted funds General £ 1 |
Total 2021 £ 124,705 23,819 2,798 - 151,322 Total funds £ - 3,603 5,161 2,032 10,796 Total 2021 £ 1 |
Total 2020 £ 114,535 22,337 6,208 407 |
|---|---|---|---|
| 143,487 | |||
| Total 2020 £ 1,669 1,505 3,215 4,445 |
|||
| 10,834 | |||
| Total 2020 £ 6 |
Page 11
Centre Church
Notes to the Financial Statements for the Year Ended 31 December 2021
5 Expenditure on charitable activities
| Note Ministry expenses Missionary gifts Gifts and donations Conference fees and training Outreach Rents and rates Gas and electricity Manse Printing and stationery Equipment Maintenance Insurance Telephone and internet Professional fees General expenses Independent examination Depreciation Staff costs 7 |
Unrestricted funds General £ 5,008 - 970 220 4,715 291 2,241 18,180 2,922 399 4,884 2,480 741 - 2,355 1,440 5,126 64,868 116,840 |
Restricted funds £ - 17,773 9,145 - - - - - - - - - - - - - 740 - 27,658 |
Total 2021 £ 5,008 17,773 10,115 220 4,715 291 2,241 18,180 2,922 399 4,884 2,480 741 - 2,355 1,440 5,866 64,868 144,498 |
Total 2020 £ 6,477 11,691 11,086 71 901 747 3,499 25,020 2,917 934 4,309 2,400 650 2,018 1,901 1,440 5,264 59,045 |
|---|---|---|---|---|
| 140,370 |
6 Trustees remuneration and expenses
Mr Tyler Evenson, a trustee, recevied remuneration amouting to £9,559 (2020: £9,559) as pastor of the church. The church also paid rent of £14,880 (2020: £14,720) for his living accommodation.
The wife and daughter of Mr Tyler Evenson, a Trustee, are employees of the charity and received remuneration amounting to £8,678 in the current year (2020: £3,187).
No Trustees have received any reimbursed expenses or any other benefits from the charity during the year.
The only other payments made to the Trustees, or any person connected with them, consisted of reimbursements of expenditure incurred on behalf of the charity in furthering the charity's objects.
Page 12
Centre Church
Notes to the Financial Statements for the Year Ended 31 December 2021
7 Staff costs
The aggregate payroll costs were as follows:
| 7 Staff costs The aggregate payroll costs were as follows: |
||
|---|---|---|
| Staff costs during the year were: Wages and salaries Pension costs |
2021 £ 64,319 549 64,868 |
2020 £ 58,346 699 |
| 59,045 |
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
| follows: | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| No | No | |||
| Staff | 5 | 4 |
No employee received emoluments of more than £60,000 during the year
Page 13
Centre Church
Notes to the Financial Statements for the Year Ended 31 December 2021
8 Tangible fixed assets
| Land and buildings £ Furniture and fixtures £ Computer equipment £ Cost At 1 January 2021 139,679 15,932 9,955 Additions - 759 - At 31 December 2021 139,679 16,691 9,955 Depreciation At 1 January 2021 19,555 10,027 9,738 Charge for the year 2,794 2,255 217 At 31 December 2021 22,349 12,282 9,955 Net book value At 31 December 2021 117,330 4,409 - At 31 December 2020 120,124 5,905 217 9 Debtors Accrued income 10 Creditors: amounts falling due within one year Other taxation and social security Other creditors Accruals |
Computer equipment £ 9,955 - |
Equipment £ 18,765 2,239 |
Total £ 184,331 2,998 187,329 57,478 5,866 63,344 123,985 126,853 2020 £ 1,765 |
||
|---|---|---|---|---|---|
| 9,955 | 21,004 | ||||
| 9,738 217 |
18,158 600 |
||||
| 9,955 | 18,758 | ||||
| - | 2,246 | ||||
| 217 | 607 | ||||
| 2021 £ 1,470 2021 £ 346 117 1,044 1,507 |
|||||
| 2020 £ 482 119 1,044 |
|||||
| 1,645 |
Page 14
Centre Church
Notes to the Financial Statements for the Year Ended 31 December 2021
11 Pension and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £549 (2020 - £699).
Contributions totalling £118 (2020 - £118) were payable to the scheme at the end of the year and are included in creditors.
12 Funds
| Unrestricted funds General General funds Restricted funds Mission fund Benevolent fund Special events Global University CAP Job Club Café start-up Total funds |
Balance at 1 January 2021 £ 135,156 1,900 - 1,669 6,137 1,590 2,222 13,518 148,674 |
Incoming resources £ 141,402 16,615 2,070 - 2,032 - - 20,717 162,119 |
Resources expended £ (122,926) (24,518) (2,400) - (1,679) - (740) (29,337) (152,263) |
Transfers £ (4,664) 6,003 330 (1,669) - - - 4,664 - |
Balance at 31 December 2021 £ 148,968 - - - 6,490 1,590 1,482 |
|---|---|---|---|---|---|
| 9,562 | |||||
| 158,530 |
The transfer from Special events fund was for expenditure incurred in the previous year included in General funds.
Page 15
Centre Church
Notes to the Financial Statements for the Year Ended 31 December 2021
| Unrestricted funds General General funds Restricted funds Mission fund Benevolent fund Special events Global University CAP Job Club Café start-up Total funds |
Balance at 28 August 2019 £ - - - - - - - - - |
Incoming resources £ 136,363 11,040 810 1,669 4,445 - - 17,964 154,327 |
Resources expended £ (134,156) (9,140) (1,771) - (2,961) - (740) (14,612) (148,768) |
Transfers £ 132,949 - 961 - 4,653 1,590 2,962 10,166 143,115 |
Balance at 31 December 2020 £ 135,156 1,900 - 1,669 6,137 1,590 2,222 |
|---|---|---|---|---|---|
| 13,518 | |||||
| 148,674 |
13 Analysis of net assets between funds
| Tangible fixed assets Current assets Current liabilities Total net assets Tangible fixed assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ 122,504 27,971 (1,507) 148,968 Unrestricted funds General £ 124,631 12,170 (1,645) 135,156 |
Restricted funds £ 1,481 8,081 - 9,562 Restricted funds £ 2,222 11,296 - 13,518 |
Total funds at 31 December 2021 £ 123,985 36,052 (1,507) |
|---|---|---|---|
| 158,530 | |||
| Total funds at 31 December 2020 £ 126,853 23,466 (1,645) |
|||
| 148,674 |
Page 16