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2021-03-31-accounts

Registered Charity Number: 1186665

The Junction Church

Report and Accounts For the year ended 31st March 2021

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Contents

Report of the trustees Page 2-4
Receipts and Payments accounts Page 5
Balance Sheet Page 6
Independent Examiner’s Report Page 7

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The Junction Church Report and Accounts For the year ended 31st March 2021

Page 1

The Junction Church

Report of the trustees for the year ended 31[st] March 2021

The trustees present their annual report, together with the receipts and payments accounts of the charity, for the year ended 31[st] March 2021.

ADMINISTRATION DETAILS

The Junction Church is governed by its Constitution dated 29[th] November 2019 and was created as a Charitable Incorporated Organisation (“the CIO”) registered with the Charity Commission, No. 1186665.

TRUSTEES

The trustees holding office were as follows:

Mark Bean (Chair) Lydia Todd Carolyn Bean Joseph Ohajunwa Paul Bevan (Resigned Dec 2020)

Rev Brian Niblock (Resigned Dec 2020)

New trustees are appointed by existing trustees when appropriate and selected based on skills, experience and sympathy with the aim and values of the charity.

The day-to-day operational aspect of the charity is delegated to Roy & Lydia Todd the senior pastors.

OBJECTIVES AND ACTIVITIES

The principal objects of the charity are:

The main activities are:

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The Junction Church Report and Accounts For the year ended 31st March 2021

Page 2

ACHIEVEMENTS AND PERFORMANCE

From mid-March 2020, The Junction Church moved all its services Online in accordance with the Government guidelines that were put in place. This saw a major shift in the way that the church was run and how the congregation was catered for. Community and working together continued to be high priorities during this time, where many people will have felt isolated, and so The Junction Church worked hard to involve many members of the congregation in ‘at-home’ participation of the Online Services that were being produced.

The Junction Church worked closely with other local churches and were able to set up a safe, socially distanced recording studio in July 2020, allowing a few members of the team to come and produce online content for both the main services and other shorter videos that could be released during the week to keep the community engaged and encouraged during this difficult season. The Kids Work also moved online during this season, with the Kids Team working hard to create engaging content that would help the kids in the community to have fun from their homes and encourage them during this difficult time. The Kids Team also created and distributed Kids Care Packages with lots of fun games, sweets and materials to keep the children engaged at home.

Pastoral support continued to be a high priority for The Junction Church, and although unable to meet in-person, regular Zoom calls and meetings were arranged to allow people to have a space to get together, chat and pray over the things that were going on in their lives. Life Groups were also continued Online enabling everyone to remain connected in their community even though physically distanced.

Community outreach was forefront for The Junction Church during this season, where it was recognised that the need for support in the local areas was higher than ever. The Junction Church organized Family Care Packages, Christmas Boxes for local children, Christmas Gift Bags for over 6 local Care Homes and each of their residents and also pioneered and delivered over 2500 Wellbeing Boxes for School Children to assist in their transition back into schools in January 2021.

The Junction Church saw a resumption of in-person gatherings across Loughborough, Leicester and Nottingham in September 2020, where it was ensured that all meetings followed strict Covid-robust measures to keep everyone safe. This included introducing a booking-in system, one-way systems within venues, lots of ventilation, sanitiser stations, socially distanced chairs within the auditorium and strict mask wearing for all team and attendees. The Junction Church continued to Live Stream the service online for any of the congregation unable to attend in person during this time.

From December 2020, Pastor Roy took on leadership of The Beacon Christian Centre as part of his role as AoG Area Leader. The Junction Church team played a big role in assisting this congregation in resuming their in-person church services, helping them to put into place all the measure required to be Covid secure. Acting as a bridge between the two congregations, Pastor Roy’s leadership has allowed a sharing of resources enabling The Junction Church to use the Office Space located at The Beacon Christian Centre. This asset has further allowed The Junction Church to expand its community outreach within another of the larger, deprived estates in Loughborough.

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The Junction Church Report and Accounts For the year ended 31st March 2021

Page 3

GLOBAL MINISTRIES

In previous years The Junction Church had been operating under the charity Global Ministries (No. 1128959). From April 2020 after taking advice from solicitors, The Junction Church started to operate as its own CIO (charitable Incorporated Organisation) and Global Ministries reverted to just supporting the evangelistic ministry of Roy Todd. As agreed when separating, £5000 was to be retained by Global Ministries (shown under the operational costs line in the Receipts and Payments accounts) and all other funds and assets was transferred over to The Junction Church.

FINANCIAL REVIEW

The net of receipts and payments for the year are a healthy net surplus of £71,103 on unrestricted funds. Restricted funds net was a surplus of £19,873. Bank balances held at 31 March 2021 were £148,577 held in unrestricted funds and £89,318 held in restricted funds.

RESERVES POLICY

The policy is to hold cash reserves equivalent to six months expenditure. The charity currently holds unrestricted reserves covering 10 months expenditure.

PAYMENTS TO TRUSTEES

Payments made in the year to Lydia Todd in relation to her employment for services provided were £21,495.

This is allowed in the governing document and Charity Commission guidance has been followed.

RELATED PARTY TRANSACTIONS

Payments of £34,673 were made to Roy Todd in relation to employment for services provided, who is connected to Lydia Todd, trustee.

Approved by the trustees on 9[th] December 2021 and signed on its behalf by:

Mark Bean

Trustee

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Page 4

The Junction Church

Receipts and Payments accounts for the year ended 31 March 2021

Receipts
Global Ministries Donations
Junction Church Donations
Rise and Build Donations
Vision Donations
Summer Maddness
Care Package Donations
Community Fund
Events and activities
Interest Received
Total receipts
Payments
Ministry & Pastoral Care
Community Events
Conferences
Spare
Employer costs
Venue Hire
Operational costs
Trustee Costs
Restricted Activity
Payments sub total
Asset Purchases
Total payments
Net of receipts
Transfer between funds
Cash funds brought forward
Cash funds carried forward
Unrestricted
funds
2021
£
495
187,438
-
-
-
-
-
540
102
188,575
21,447
412
(233 )
-
71,354
4,437
17,757
628
-
115,803
1,670
117,473
71,103
-
77,474
148,577
Restricted
funds
2021
£
-
-
13,963
9,132
500
780
9,274
-
-
33,649
-
-
-
-
-
-
-
-
9,799
9,799
3,977
13,776
19,873
-
69,445
89,318
Total
funds
2021
£
495
187,438
13,963
9,132
500
780
9,274
540
102
222,225
21,447
412
(233 )
-
71,354
4,437
17,757
628
9,799
125,602
5,647
131,248
90,976
-
146,918
237,894

The Junction Church

Receipts and Payments accounts for the year ended 31 March 2021

Charity Number: 1186665

Statement of assets and liabilities at the end of the period

Bank and Cash funds
Total cash funds
B2 Other monetary assets
Gift aid repayments
B4 Assets retained for charities own use
Sound and Media equipment
Other
B5 Liabilities
Employment tax due
Staff Wages and pensions
(due but paid after yearend)
Suppliers
Examiner Fee
Unrestricted
funds
2021
£
148,577
148,577
18,854
4,652
995
5,647
-
344
916
250
1,510
Restricted
funds
2021
£
89,318
89,318
1,734
-
-
-
-
-
-
-
-

Signed on behalf of the trustees

Mark Bean 09-Dec-21

Independent Examlner's Report to the Trustees of The Junction Church I report to the trustee5 on my examination of the accounts of The Juncfion Church for the year ended 3151 March 2021, which ore sef out on pages 5 and 6. RESPONSABIIITIES AND BASIS OF REPORT As the charity trustees of Ihe Trust, you are responsible for the preparation of Ihe accounts In accordonce with the requirements of the Charities Act 2011 I'the Acl'l. I reporl in respect ol my examination of the Trust's accounts carried out under section 145 of the 2011 Acf and in carrying out my examination I have followed all the applicable Directions given by the Charify Commission under section 145151 Ib} of the Act. INDEPENDENT EXAMINER'S STATEMENT I hove completed my examination. I confirm that no material matters have come fo my attention in connection with the examination giving me cause to belleve that in any materiol respect: l. accounting records were nol kept in respect of the Trust as required by section 130 of the Act,, or 2. the accounts do not accord with those records. I have no concerns and have come ocross no other mallers in connection with the exominotion lo which attention should be drown in thls report in order to enable a proper understanding of fhe accounts lo be reached. IAS Signedl PAUL EXTON ACCOUNTING SERVICES 53 West Leoke Lane Kingston on Soar Noltingham NGI I ODN Date., 30th November 2021 END The Junction Church Report and Accounts For the year ended 31sl March 2021