Registered Charity Number: 1186665
The Junction Church
Report and Accounts For the year ended 31st March 2022
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Contents
| Report of the trustees | Page 2-4 |
|---|---|
| Income and Expenditure | Page 5 |
| Balance Sheet | Page 6 |
| Independent Examiner’s Report | Page 7-8 |
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The Junction Church Report and Accounts For the year ended 31st March 2022
Page 1
The Junction Church
Report of the trustees for the year ended 31[st] March 2022
The trustees present their annual report, together with the income and expenditure of the charity, for the year ended 31[st] March 2022.
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
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:
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To advance the Christian Faith and the worship of God in any part of the world, including the teaching and training of Christian people and the printing and distribution of the Bible and Christian literature using any form of media.
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To relieve people in any part of the world who are aged or sick or who are in conditions of need, hardship and distress.
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To advance education based on Christian principles.
The main activities are:
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Working with churches and charities in the UK and overseas, to teach, empower and equip people to develop life skills that will help them find employment, a better balance of family life as well as helping serve their communities better.
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Teaching the values of the Christian faith helping build a society that defeats poverty and helps people to live honourable lives that both respect themselves and others.
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The Junction Church Report and Accounts For the year ended 31st March 2022
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ACHIEVEMENTS AND PERFORMANCE
Easter 2021 saw the resumption of in-person services once again, with covid-robust measures in place, such as a booking system, social distancing, the wearing of masks and temperature checks upon entry.
Throughout 2021, The Junction Church continued to operate in all three of its campuses – Loughborough, Leicester and Nottingham and saw all these congregations slowly return to usual attendance as the fear of the pandemic began to subside. In order to maintain strong community and keep everyone as safe as possible, The Junction Church continued to stream their services online for anyone who felt unsafe or was unable to attend in person. This new Online Campus soon began to grow and towards the end of 2021 was seeing many new people join from across the world including Virginia, Nigeria and parts of Southern Asia also.
The Junction Church continued to run training and teaching courses online, through the platform Zoom, which were able to reach hundreds of people and provide a space in which to grow in their faith and receive leadership and team training. August 2021 saw the resumption of in-person Life Groups, where the community has a chance to get together and have fellowship in smaller, more intimate groups on a weekly basis. Everyone was given a choice as to whether to attend an in-person or online Life Group in order to ensure that the community felt as safe as possible.
Community Outreach continued to be a high priority for The Junction Church, and the summer of 2021 saw the launch of FTW (For The Win) – a week-long schools and community projects week, where a small team of volunteers went into local schools and helped out with grounds work, put on community fun-days and provided resources for families during the school break. Simultaneously, in conjunction with The Beacon Church in Loughborough, volunteers ran a Breakfast Club over that week, where families could come and get free breakfast and our Kids and Youth Workers put on some fun activities to keep children entertained for the morning.
The Junction Church continues to work alongside and support The Beacon Church, with Pastor Roy Todd as their Senior Pastor. Volunteers from the Junction Church help facilitate the weekly services at The Beacon Church and are also able to use the Office Space at The Beacon Church’s venue for mid-week meetings and events, allowing The Junction Church to grow its team and expand on the services they can provide for the local community.
Christmas 2021 saw the re-launch of Winter Wonderland, which had been cancelled the previous year due to Covid-restrictions. This community event saw hundreds from the local community come in for a short Christingle service, followed by free food, games, face painting, Santa’s Grotto, bouncy castle and lots more!
Early 2022 saw services return to ‘normal’ as all covid restrictions were lifted and meetings could all resume as before the pandemic. The Junction Church ensured to keep some measures in place in order to be sensitive to those who were still wary, but worked to remove all measures by early March 2022.
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The Junction Church Report and Accounts For the year ended 31st March 2022
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FINANCIAL REVIEW
The net of income and expenditure for the year are a healthy net surplus of £105,497 on unrestricted funds. Restricted funds net was a surplus of £15,897. Bank balances held at 31 March 2022 were £254,073 held in unrestricted funds and £105,215 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 16 months expenditure.
PAYMENTS TO TRUSTEES
Payments made in the year to Lydia Todd in relation to her employment for services provided were £33,960.
This is allowed in the governing document and Charity Commission guidance has been followed.
RELATED PARTY TRANSACTIONS
Payments of £46,880 were made to Roy Todd in relation to employment for services provided, who is connected to Lydia Todd, trustee.
Approved by the trustees on 10[th] January 2023 and signed on its behalf by:
Mark Bean
Trustee
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The Junction Church Report and Accounts For the year ended 31st March 2022
The Junction Church
Income and Expenditure accounts for the year ended 31 March 2022
| 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 Other Restricted Activity Total receipts Payments Ministry & Pastoral Care Community Events Events 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 2022 £ 1,650 267,250 - - - - - 25,389 328 - 294,616 35,260 - 3,610 102,144 16,805 26,028 263 - 184,110 5,009 189,120 105,497 - 148,576 254,073 |
Restricted funds 2022 £ - - 2,024 27,460 - - 1,493 - - 1,409 32,385 - - - - - - - 6,100 6,100 10,389 16,488 15,897 - 89,318 105,215 |
Total funds 2022 £ 1,650 267,250 2,024 27,460 - - 1,493 25,389 328 1,409 327,002 35,260 - 3,610 102,144 16,805 26,028 263 6,100 190,210 15,398 205,608 121,394 - 237,893 359,287 |
Unrestricted funds 2021 495 187,438 - - - - - 540 102 - |
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 - |
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|---|---|---|---|---|---|---|---|
| 188,575 | 222,225 | ||||||
| 21,447 412 (233 ) 71,354 4,437 17,757 628 - 115,803 1,670 117,473 71,102 - 77,474 148,576 |
21,447 412 (233 ) 71,354 4,437 17,757 628 9,799 |
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| 125,602 5,647 |
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| 131,248 | |||||||
| 90,975 - 146,918 |
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| 237,893 | |||||||
The Junction Church
Income and Expenditure accounts for the year ended 31 March 2022
Charity Number: 1186665
| Statement of assets and liabilities at the end of the period Unrestricted Restricted funds funds 2022 2022 £ £ Bank and Cash funds 254,073 105,215 Total cash funds 254,073 105,215 B2 Other monetary assets Gift aid repayments 35,000 3,000 B4 Assets retained for charities own use Sound and Media equipment 11,161 - Other 4,237 - 15,398 - B5 Liabilities Employment tax due 2,429 - Staff Wages and pensions (due but paid after yearend) 1,024 - Suppliers 552 - Examiner Fee 250 - 4,254 - |
Unrestricted funds 2021 £ 148,577 148,577 18,854 4,652 995 5,647 - 344 916 250 1,510 |
Restricted funds 2021 £ 89,318 |
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|---|---|---|---|
| 89,318 | |||
| 1,734 | |||
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| - | |||
| - - - - |
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| - | |||
Signed on behalf of the trustees
Mark bean
10th January 2023
Independent Examiner's Report to Ihe Tiustees of The Junction Church I report to the chorlty trustees on my examlnatlon of the accounts of The Junction Church for the year endgd 31 March 2022, whlch are set out on pages 5 and 6, RESPONSABILITIES AND BASIS OF REPORT As the charlty's trustees of the Company, you are responsSble for the preparation of the accounts In accordance wlth the requlrements of the Companles Act 2006 ('the 2006 Act,). Havlng satlsfled myself that the accounts of the company are not requlred to be audlted under Part 16 of th8 2006 Act and ara ellglble for Independent examination, I report in respect of my examlnatlon of your charity's accounts as carrSed out under sectSon 145 of the Charltl&s Act 2011 Act ('the 2011 Act.). In carrylng out my examinatlon I have followed the Dlrectlons glv&n by the Charlty Commlsslon under sectlon 145(5)(b) of the 2011 Act. INDEPENDENT EXAMINER'S STATEMENT Slnce the Company's gross Income exceeded £250,CXJO your examlner must be a member of a body Ilsted In s&ctlon 145 of the 2011 Act. I conflrm that I am quallfled to undertak@ the examlnatlon because l a member of A880clatlon of Accountlng Technlclans, whlch Is one of thè Ilsted bodles. I have completed my examlnatlon. I conflrm that no matters have coma to my attentlon In connectlon wlth the examlnatlon glvlng me cause to bell@v@'. l. accounting records ware not kept in respect of the Company as requlred by sectlon 386 of the 2QJ6 Act, or 2. tho accounts do not accord with those records; or 3, the accounts do not comply with the accountlng requlrements of sectlon 396 of the 2006 Act other than any requlrement that the accounts glvo a 'true and falr view whlch Is not a matter consider&d as part of an Independent examination., or 4, the accounts have not been preparod In accordance wlth the methods and principles of the Statement of Recommended Practice for accountlng and reportlng by charltles, I hav@ no concerns and have come across no other matters In connectlon wlth the examlnatlon to whlch attentlon should be drawn In thls report in order to enable a proper understanding of the accounts to be reached,
Emma Waldron MAAT Paul Exton Accountlng Services 53 West Leake Lane Kingston on Soar Nottlngham NGI I ODN 27 January 2023