## **North Church CIO**
## **TRUSTEES REPORT FOR THE PERIOD ENDED 31 MARCH 2022**
## **1. Structure, Governance and Management**
The company is registered as a charitable company limited by guarantee and was set up by the Memorandum of Association on 19[th] November 2019.
The management of the company is the responsibility of the trustees who are elected and co-opted under the terms of Articles of Association. New trustees are advised of their obligations under charity and company law, the content of the Memorandum and Articles of Association as well as the structure and decision making process of the charity. Trustees generally meet quarterly but will also meet more frequently if the need arises. Meetings are minuted.
Trustees are put forward by the membership for consideration. New suggested appointments are voted on at a members meeting in all instances.
The trustees determine the day to day operations of the charity or appoint appropriate officers to whom this responsibility is delegated.
## **2. Reference and Administration**
Trustees
Mr Peter James Petra (Chair)
Mr Christopher Rimmer
Dr Jonathan Woodrow
Mr Andrew Snart
Mr Oliver Timothy Allmand-Smith (became a trustee on 25[th] January 2022)
Company Registered Number CE019663
Charity Registered Number 1186452
## **3. Objectives and Activities**
The Objectives and Activities of the Trust are as follows:
- (A) The advancement of the Christian faith in accordance with the basis of faith primarily but not exclusively within Leicester and the surrounding towns and villages;
- (B) The relief of financial hardship among persons either generally or individually through the provision of grants, goods or services as the Trustees from time to time think fit; and
- (C) To advance the Christian faith for the benefit of the public in such charitable ways as the Trustees think fit from time to time.
We, as trustees, recognise that it is our legal obligation to ensure that the trust's activities are in line with our objectives and activities and we are satisfied that this is the case for the period in question. The trustees also confirm that they have had regard to the Charity Commission's guidance on public benefit.
## **4. Achievements and Performance**
## **Key Events**
The following activities have been conducted by the charity in the reporting period.
North Church CIO was formed as an independent charity on 19[th] November 2019 and appointed its first salaried pastor on that date. A member’s constitution was formulated and the first members were appointed. Since then additional members have joined and the current membership stands at 11.
The full time paid pastor is also a Trustee and an Elder. This individual has enabled the charity to meet its objectives through promoting the Christian faith directly himself as an evangelist as well as preaching, pastoring and equipping and training others to do the same in support of the charity’s activities.
North Church does not own any buildings but is does rent the local community centre for regular Sunday services and other activities. Also during the year it used a local school gymnasium for its carol service
During the last year with the removal of most of the COVID 19 restrictions it has been possible to resume a number of activities which were limited by those restrictions as well as starting other activities in support of objectives.
Open Sunday worship services have resumed in the local community with regular members and visitors attending.
In the same community venue a weekly Sunday afternoon children group has been started with activities and teaching centred around the Bible. It has also been possible to start a monthly over 60’s group to provide social support to more elderly people who live in the area. As well as a regular thought for the day the sessions have also included quizzes and games and have welcomed a visit from the local Police and Community Support Officer.
There is a weekly open Bible study meeting and a weekly prayer meeting for members.
A Fun Day was held in the summer in the playground of the local school which was attended by over 200 children and adults. The event included a children’s slide, face painting, literature distribution, food stalls, etc.
As mentioned previously a Carol service was held in the local school hall with over 80 local residents attending. As well as worship and preaching a Christingle took place for the children.
A Christmas outreach event/party for members of the local community.
The Trust has paid money to CCLI, ICO and the DBS and has purchased insurance to enable it to legally and safely operate.
During the year the Trust gave money to UFM in support of its activities associated with the crisis in Ukraine.
It has been possible over the past 29 months since the creation of the charity to establish a sound footing in the Beaumont Leys area by the formulation and regular review of key policies including those related to safeguarding, health and safety, conflicts of interest and expense control and reporting.
## **5. Financial Review**
The Trust had an income this financial year of £36,937 all of which was unrestricted and total expenditure of £40,357 (£39,434 unrestricted, £923 restricted) leading to a net loss of £3,420.
An amount of £35,801 (£34,512 unrestricted, £1,289 restricted) was bought forward from the previous year.
The funds at the end of the year amounted to £32,381 (£32,015 unrestricted, £366 restricted)
The Trust considers that it is in a strong position making it able to pursue its charitable aims in the future.
Finances are reviewed in detail each month by the Chairman of Trustees and quarterly by the trustees and members.
## **6. Reserves Policy**
The following is the reserves policy of the North Church CIO. The reserves of the trust are reported to the Chairman of trustees each month and quarterly to trustees and members. The reserves are assessed against previous income and expenditure and categorised as either green (the reserves will last for month than 12 months of normal operations), amber (the reserves will last for less than 12 months but more than 5 months or red (less than 5 months). Appropriate actions are assigned to each categorisation.
Peter J Petra Chairman of Trustees 4[th] October 2022
## North Church CIO **Balance Sheet as at 31st March 2022**
|**Fixed Assets**
**Current Assets**
Debtors
Bank
**Liabilities**
**Made up of funds**
Unrestricted
Restricted
**Excess of income /expenditure**|**31st March 2022**
0
0
32381
32381
0
32381
35801
-3419
32382
32015
366
32381|**31st March 2021**
384
6796
29341
36137
720
35417
35801
0
35801
35801
34512
1289
35801|**31st March 2021**
384
6796
29341
36137
720
35417
35801
0
35801
35801
34512
1289
35801|
|---|---|---|---|
||0
32381|6796
29341||
|||36137||
|||720||
|||||
||||35801|
||||0
35801|
||||35801|
||||34512
1289|
||||35801|
## North Church CIO **Income and Expenditure Account**
|**INCOME AND ENDOWMENTS FROM:**
Donations
Regular Giving
One of Giving + Gift Days
Overseas Gifts Received
HMRC - Gift Aid
Gifts Other sources / Donations
**Total Income**
**EXPENDITURE ON:**
Charitable activities
Grants to institutions
Ministry expenses
Event expenses
Outreach expenses
Premises costs
Administration costs
Wages and salaries
Accountancy fees
Depreciation
Training Costs
Services (exc. Accountancy)
**TOTAL EXPENDITURE**
**Excess of income /expenditure**|**Unrestricted Fund**
**Restricted Fund**
**Total Funds**
**Total Funds**
20663
20663
15195
4286
4286
4139
5849
5849
6725
140
140
6341
6000
6000
40686
**12 months to 31st**
**March 2022**
**12 months to**
**31st March 2022**
**12 months**
**to 31st**
**March 2022**
**12 months**
**to 31st**
**March 2021**|
|---|---|
||36938
0
36938
73086|
||3569
3569
1294
605
32
637
77
824
824
259
259
1079
371
371
50
325
147
472
1415
31728
31728
31414
164
164
820
0
384
384
127
696
360
1056
1009
893
893|
||39434
923
40357
0
37285|
||-3419
35801|
|**STAFF COSTS**
Wages and salaries
National insurance
Less: Employment Allowance
Pension Contributions
Total
Average number of employees
The following trustees received remuneration during the year.
Peter James Petra|2020/2021
2021/2022
£ 30,499.16
£ 30,804.00
£ 2,996.65
£ 3,030.48
-£ 2,996.65
-£ 3,030.48
£ 915.00
£ 924.00|
|---|---|
||£ 31,414.16
£ 31,728.00|
||1
1
£ 30,499.16
£ 30,804.00|
Peter Petra received remuneration for his role as a pastor to the Church, not for his role as a trustee. 1 trustee was accruing retirement benefits during the period. No employee received remuneration in excess of £60,000 during the period. The contributions are to a defined contribution pension scheme. The contributions in the year were £924.00
## **Analysis of Restricted Funds**
|**Analysis of Restricted Funds**||
|---|---|
|Leicester City Council
AV Equipment|**B/Fwd.**
**Depreciation**
500
0
392
108
789
0
147
384
258
**2021/2022**
**Income**
**2021/2022**
**Expenditure**
**C/Fwd as at**
**31st March**
**2022**|
||1289
0 0
539
384
366|
The donation from Leicester City Council was for Covid related expenditure. Donations were received for the purchase of audio visual equipment for use by the church
## **Fixed Assets**
|**Fixed Assets**
Cost
At 31st March 2021
Depreciation for 2021/22
At 31st March 2022
**Debtors**
Gift Aid Reclaimable|Computer / AV Equipmemt
511
384
384
0
2022
0
0|
|---|---|
## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/ members of**
Charity Name
North Church CIO Leics
31[st] March 2022 **On accounts for the year ended**
**Charity** 1186452 **no (if any)**
**Set out on pages**
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/03/2022**
## **Responsibilities and basis of report**
As the charity's trustees, 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 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** I have completed my examination. I confirm that no material **statement** matters have come to my attention in connection with the 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.
_._
**Signed:**
**Date:** 29[th] September 2022
**Name:** Colin Wood
**Relevant** Member of the Association of Accounting Technicians **professional qualification(s) or body (if any):**
**Address:** 16 Wordsworth Rd
1
**Oct 2018**
**IER**
Loughborough Leicestershire LE11 4LQ
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
2
**Oct 2018**
**IER**