# **SJC QUEEN'S SQUARE Charity No 1186523**
**ANNUAL REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31ST DECEMBER 2023**
## Trustees’ Annual Report for the Period
1[st] January 2023 to 31[st] December 2023
SJC Queen’s Square Charity Number: 1186523
## **Principal Address**
The Parish Office Church Walk Crawley West Sussex RH10 1HH
## **Charity trustees who manage the charity**
1. Reverend Stephen Burston (Chair)
2. Mr Mark Chappell (Treasurer) 3. Mr Liam Clark 4. Mr William Moulder Resigned 31[st] October 2023
## **Principal Bankers**
HSBC UK Bank plc 9 The Boulevard Crawley West Sussex RH10 1UT
## **Structure, governance and management**
The charity is constituted as a Charitable Incorporated Organisation (CIO) under a ‘foundation’ model constitution and was entered on the Register of Charities on 22[nd] November 2019. New trustees are appointed by the existing trustees having regard to the skills, knowledge and experience needed for the effective administration of the CIO.
## **Objects and activities**
The CIO exists to advance the Christian religion through the holding of religious services, lectures, public celebration of religious festivals, producing and distributing literature on the Christian faith to enlighten others about the Christian religion, providing pastoral care and carrying out missionary and outreach work. It also exists to promote for the public benefit of the inhabitants of Crawley and the surrounding area the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants.
In accordance with our duties, we have considered the guidance provided by the Charity Commission in regard to public benefit. The trustees consistently have regard to this guidance when taking decisions to which it is relevant.
The charity has benefitted from the advice and administrative skills supplied by a number of volunteers during the period.
## **Achievements and performance**
The UK entered a series of coronavirus lockdowns and measures from March 2020. As this catastrophically affected the planned activities of the charity and the development of a dedicated facility out of which to service those activities, the trustees have worked towards collaborating with and supporting St John the Baptist’s Church, Crawley. This parish church works to advance many of the objects and activities that were central to foundation of SJC Queen’s Square CIO. The trustees continue a close collaboration with St John’s and have helped fund their work through Mission Giving during 2023.
The trustees have continued to steward the charity’s resources during 2023, aiming to ensure that we can best satisfy our objects either independently or in collaboration with other organisations going forward. Throughout 2023 and into 2024 we have continued to build a strong relationship with St John’s and through them with other stakeholders including our local council, the diocese of Chichester and other local charities.
## **Charity reserves**
During 2023 we restricted our fundraising so that our reserves did not excessively exceed the anticipated setup costs of an independent operation. The reserves have reduced during the year by £1,672 to end the year at £273,680. The only expenditure was on governance costs and mission giving (as described above). All funds are unrestricted and the trustees declare no uncertainty about the charity being able to continue as a going concern. The low gross income for 2023 and aggregate value of assets, means that that there is no requirement for either audit or independent examination. The trustees are satisfied that they know of no other reason for those examinations to be warranted.
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees.
Mark Chappell _____________________________________ Treasurer
Dated: 30 October 2024
Charity No 1186523
## SJC Queen's Square
## Accounts for the period
> Period start date **01/01/2023**
Period end **To** date **31/12/2023**
## **Section A Statement of financial activities**
|**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Investments
Separate material item of income
Governance
**Resources expended (Notes 4 & 5)**
**Expenditure on:**
Raising funds
Charitable activities
Separate material item of expense
Governance
Net gains/(losses) on investments
**Extraordinary items**
Other gains/(losses)
**_Reconciliation of funds:_**
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
300
-
-
300
-
-
-
-
-
-
-
-
-
-
-
4,156
-
-
4,156
519
-
-
-
-
-
-
-
-
-
-|
|---|---|
||4,456
-
-
4,456
519|
||-
-
-
-
-
5,500
-
-
5,500
-
-
-
-
-
-
628
-
-
628
824|
||6,128
-
-
6,128
824|
|||
||1,672 )
(
-
-
1,672 )
(
305 )
(|
||-
-
-
-
-|
||1,672 )
(
-
-
1,672 )
(
305 )
(|
||-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
||1,672 )
(
-
-
1,672 )
(
305 )
(|
||275,352
-
-
275,352
275,657|
||273,680
-
-
273,680
275,352|
Page (i) of (x)
## **Section B Balance sheet**
## **SJC Queen's Square**
|**SJC Q' S**|||||
|---|---|---|---|---|
|**ueens quare**
**Note**
**Fixed assets**
**Intangible assets**
**Tangible assets**
**Heritage assets**
**Investments**
**_Total fixed assets_**
**Current assets**
**Stocks**
**Debtors**
**Investments**
**Cash at bank and in hand**
**9**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year**
**8**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year**
**8**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds**
**11**
**Restricted income funds**
**11**
**Unrestricted funds**
**11**
**Revaluation reserve**
**_Total funds_**|**Unrestricted**
**funds**
**£**
-
-
-
-|
**Restricted**
**income**
**funds**
**£**
-
-
-
-|**Endowment**
**funds**
**£**
-
-
-
-|
**Total this**
**year**
**Total last**
**year**
**£**
**£**|
|||||-
-
-
-
-
-
-
-|
||-|-|-|-
-|
||-
-
-
273,685|-
-
-
-|-
-
-
-||
|||||-
-
-
-
-
-
273,685
275,357|
||273,685|-|-|273,685
275,357|
|||||5
5|
||5|-|-||
||||||
||273,680|-|-|273,680
275,352|
||||||
||273,680|-|-|273,680
275,352|
|||||-
-
-
-|
||-
-|-
-|-
-||
||||||
||273,680|-|-|273,680
275,352|
||-
-
273,680|-
-|-
-||
|||||-
-
-
-
273,680
275,352
-|
||273,680|-|-|273,680
275,352|
_**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 FRS102 SORP.**_
||||Date of|
|---|---|---|---|
|Signature||Print Name|approval|
||||dd/mm/yyyy|
||Mark|Chappell|30/10/2024|
|||||
Page (ii) of (x)
**Section C Notes to the accounts**
Note 1 **Basis of preparation**
## **1.1 Basis of accounting**
These accounts 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.
The accounts have been prepared in accordance with the Church Accounting Regulations 2006 and with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.
SJC Queen's Square constitutes a public benefit entity as defined by FRS 102.
## **1.2 Going concern**
The trustees of SJC Queen's Square, having considered any events or conditions that could cast doubt, are satisfied that the accounts be prepared on a going concern basis.
## **1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2. There have been no changes to accounting policies during this reporting period.
Page (iii) of (x)
**Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
## **2.1 INCOME**
|**Recognition of income**|These are included in the Statement of Financial Activities (SoFA) when the charity|
|---|---|
||becomes entitled to the resources, and it is more likely than not that the trustees will|
||receive the resources, and the monetary value can be measured with sufficient|
||reliability.|
|**Offsetting**|There has been no offsetting of assets and liabilities, or income and expenses, unless|
||required or permitted by the FRS 102 SORP or FRS 102.|
|**Grants and donations**|Grants and donations are only included in the SoFA when the general income|
||recognition criteria are met (5.10 to 5.12 FRS102 SORP).|
||In the case of performance related grants, income must only be recognised to the|
||extent that the charity has provided the specified goods or services as entitlement to the|
||grant only occurs when the performance related conditions are met (5.16 FRS 102|
||SORP).|
|**Legacies**|Legacies are included in the SOFA when receipt is probable, that is, when there has|
||been grant of probate, the executors have established that there are sufficient assets in|
||the estate and any conditions attached to the legacy are either within the control of the|
||charity or have been met.|
|**Government grants**|The charity has received no government grants in the reporting period.|
|**Tax reclaims on**|Gift Aid receivable is included in income when there is a valid declaration from the|
|**donations and gifts**|donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift|
||and is treated as an addition to the same fund as the initial donation unless the donor or|
||the terms of the appeal have specified otherwise.|
|**Volunteer help**|The charity benefits from the dedicated work of a number of volunteers. In accordance|
||with FRS102 and the Charities SORP (FRS102), the economic contribution of|
||volunteers is not recognised in the accounts but is described in the trustees' annual|
||report.|
|**Income from interest,**|This is included in the accounts when receipt is probable and the amount receivable can|
|**royalties and dividends**|be measured reliably.|
## **2.2 EXPENDITURE AND LIABILITIES**
|**Liability recognition**|Liabilities are recognised where it is more likely than not that there is a legal or|
|---|---|
||constructive obligation committing the charity to pay out resources and the amount of|
||the obligation can be measured with reasonable certainty.|
|**Mission Giving with**|Where a grant or donation has conditions for its payment being a specific level of|
|**performance**|service or output to be provided, the obligation is only recognised in the SoFA once the|
|**conditions**|recipient of the grant has provided the specified service or output. There were no such|
||grants or donations made during this reporting period.|
|**Mission Giving payable**|
Where there are no conditions attaching to a grant or donation, a liability for the full|
|**without performance**|funding obligation is recognised once it is probable that the payment will be made and|
|**conditions**|the amount of the grant can be measured reliably.|
|**Redundancy cost**|The charity made no redundancy payments during the reporting period.|
|**Deferred income**|No material item of deferred income has been included in the accounts.|
|**Creditors**|The charity's creditors are measured at settlement amounts less any trade discounts.|
Page (v) of (x)
**Provisions for liabilities** A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date **Basic financial** The charity accounts for basic financial instruments on initial recognition as per **instruments** paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.
## **2.3 ASSETS**
**Tangible fixed assets** These are capitalised if they can be used for more than one year and cost at least £500. **for use by the charity** They are valued at cost.
Assets are depreciated on a straight line basis over their estimated useful lives. The periods used are:
||Assets are depreciated on a straight line basis over their estimated useful lives. The
periods used are:|
|---|---|
||5 years
- Furniture and Fittings|
||5 years
- Office Equipment|
||3 years
- IT Equipment|
||3 years
- PA/AV Equipment & Musical Instruments|
|**Investments**|The charity holds fixed asset investments only in cash deposit accounts. The value can|
||therefore be reliably measured.|
|**Debtors**|Debtors (including trade debtors and loans receivable) are measured on initial|
||recognition at settlement amount after any trade discounts or amount advanced by the|
||charity. Subsequently, they are measured at the cash or other consideration expected|
||to be received.|
Page (v) of (x)
**Section C Notes to the accounts (cont)**
## **Note 3 Analysis of income**
**----- Start of picture text -----**
Restricted
Unrestricted income Endowment Prior year
funds funds funds Total funds funds
Analysis £ £ £ £ £
Donations Donations and gifts 300 - - 300 -
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants - - - - -
Total 300 - - 300 -
Charitable Grants: restricted - - - - -
activities: Other - - - - -
Total - - - - -
Other trading Other - - - - -
activities: - - - - -
- - - - -
Total - - - - -
Income from Interest income 4,156 - - 4,156 519
investments: Total 4,156 - - 4,156 519
Other: - - - - -
Total - - - - -
TOTAL 4,456 - - 4,456 519
Other information:
**----- End of picture text -----**
Page (vi) of (x)
|**Section C**|**Notes to the accounts (cont)**|**Notes to the accounts (cont)**|
|---|---|---|
|**TOTAL EXPENDITURE**
**Total expenditure on charitable**
**activities**
**Governance**
Legal & professional fees
Other
**Total expenditure on other**
Bookkeeping & accountancy fees
(Note 5)
**Total expenditure on raising funds**
Other
Mission Giving
**Note 4 Analysis of expenditure**
**Analysis**
**Raising Funds**
Incurred seeking donations
**Expenditure on**
**charitable**
**activities**|**Analysis of expenditure**
**Analysis**
Incurred seeking donations|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
- - - -
- - -
-
- - - -
- - -
-
- - - -
- - -
-
5,500
- - 5,500
- - -
-
- - - -
- - -
-
5,500 - - 5,500
- - -
-
- - - - 240
240
- - - -
- - -
-
628
- - 628
584
- - 584
628
- - 628
824
- - 824
**THIS YEAR**
**LAST YEAR**|
||||
|||6,128
- - 6,128
824
- - 824|
Page (vii) of (x)
**Section C Notes to the accounts (cont)**
## **Note 5 Details of certain types of expenditure**
## **5.1 Fees for the examination of the accounts**
Details of the amount paid for any statutory external scrutiny of accounts and other services provided by the independent examiner.
Independent examiner's fees
Assurance services other than independent examination Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner
||**This year**||**Last year**|
|---|---|---|---|
||**£**||**£**|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||||
## **Note 6 Paid employees**
## **6.1 Staff Costs - staff contracted with SJC Queen's Square**
|**Total contracted staff costs**
Salaries and wages
Social security costs
Pension costs (defined contribution scheme)
Other employee benefits|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -|
|---|---|
||- -|
SJC Queen's Square has no employees receiving employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
No trustee received any remuneration in the year for their services as a trustee.
## **6.2 Average head count in the year**
|Fundraising
Charitable Activities
Governance
Other
**Total**|**This year**
**Last year**
**Number**
**Number**
- -
- -
- -
- -|
|---|---|
||- -|
Page (viii) of (x)
**Section C Notes to the accounts (cont)**
## **Note 7 Debtors and prepayments**
|**7.1 Analysis of debtors**
Trade debtors
Gift aid due from HMRC
Prepayments and accrued income
**Total**|**This year**
**Last year**
**£**
**£**
- -
- -
- -|
|---|---|
||- -|
## **Note 8 Creditors and accruals**
|**8.1 Analysis of creditors**
Trade creditors
Social security creditor
Accruals and deferred income
Other creditors
**Total**|**This year**
**Last year**
**This year**
**Last year**
**£**
**£**
**£**
**£**
- - - -
- - - -
5
5
- -
- -
**Amounts falling due**
**within one year**
**Amounts falling due after**
**more than one year**|
|---|---|
||5
5
- -|
## **Note 9 Cash at bank and in hand**
Cash at bank and in hand **Total**
||**This year**|**Last year**|
|---|---|---|
||**£**|**£**|
||273,685|275,357|
||273,685|275,357|
## **Note 10 Fair value of assets and liabilities**
The charity monitors the expected cashflow over future months, taking a conservative view of expected income in order to minimise the liquidity risk (the risk of not being able to meet short term financial demands). The charity has only investments held in cash, there is no exposure to market risk (the risk that the value of an investment will fall due to changes in the market).
Page (ix) of (x)
**Section C Notes to the accounts (cont)**
## **Note 11 Charity funds**
## **11.1 Details of material funds held and movements during the CURRENT reporting period**
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**_and U - unrestricted funds_**|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||**Fund**|||||||**Fund**|
||||||**balances**|||||||**balances**|
|**Fund names**|**Type***||**Purpose and Restrictions**||**brought**|||||**Gains**|**and**|
**carried**|
||||||**forward**|**Income**|**Expenditure **|**Transfers**||**losses**||**forward**|
||||||**£**|**£**|**£**||**£**|**£**||**£**|
|General|U|N/A|||275,352|4,456|(6,128)||-||-|273,680|
|||||**Total Funds**|275,352|4,456|(6,128)||-||-|273,680|
Fund balances carried forward are only denominated in UK pounds Sterling
## **11.2 Details of material funds held and movements during the PREVIOUS reporting period**
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Fund names Type* Purpose and Restrictions brought Gains and carried
forward Income Expenditure Transfers losses forward
£ £ £ £ £ £
General U N/A 275,657 519 (824) - - 275,352
Total Funds 275,657 519 (824) - - 275,352
**----- End of picture text -----**
Fund balances carried forward are only denominated in UK pounds Sterling
## **11.3 Designated funds**
||**Fund**|**Purpose**|**of**|**the**|**designation**|**Amount**|
|---|---|---|---|---|---|---|
|None||||||-|
## **Note 12 Transactions with trustees and related parties**
## **12.1 Trustee remuneration and benefits**
No trustees received any remuneration in the year for their services as a trustee, neither have they received any expenses for fulfilling their duties.
## **12.2 Transaction(s) with related parties**
None
Page (x) of (x)