| Legal and administrative information |
Legal and administrative information |
|
|---|---|---|
| Trustees' / Directors' report |
4 to 7 | |
| Independent Examiner's report |
||
| Statement offinancial activities |
||
| Balance sheet | 10 | |
| Notes to the fmancial statements |
11to 19 | |
| Detailed income and expenditure | account | |
| (not part ofthe statutory financial |
statements) | 20to 23 |
| Charity No: | ]187113 | ||||
|---|---|---|---|---|---|
| Trustees who | served in the year: | Mr A P Jopson (Treasurer) | |||
| Mr K.Harvey | (Secretary) | ||||
| Mrs JLander | (until 11.10.21) | ||||
| Mr P Dixon | |||||
| T S Caird | |||||
| A Hewitt (until 24.9.21) | |||||
| Mrs S Dixon | (from 29.9.21) | ||||
| Minister who | served in year: | Rev L N Mansfield | |||
| Secretary: | Mr K Harvey | ||||
| Independent | Examiner: | J Hurdle | |||
| Abacus | |||||
| 61b Hyde Park Road | |||||
| Mutley | |||||
| Plymouth | |||||
| PL3 4JN | |||||
| Bankers: | The Co-operative | Bank pic | |||
| PO Box250 | |||||
| DelfHouse | |||||
| Southway | |||||
| Skelmersdale | |||||
| WN8 6WT | |||||
| CCLA Investment | Management | Ltd | |||
| COIF Charity | Funds | ||||
| 80 Cheapside | |||||
| London | |||||
| EC2V 6DZ |
| Unrestricted | Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Notes | Funds | Funds | 2021 | 2020 | ||||
| Incoming resources |
||||||||
| Incoming resources from Voluntary income investment income |
generated | funds | 175,368 6 |
0 0 |
175,368 6 |
143,497 127 |
||
| Incoming resources from Grants 8c other restricted Other activities |
charitable income |
activities | 0 89,536 |
0 18,426 |
0 107,962 |
0 104,270 |
||
| Total incoming resources |
264,910 | 18,426 | 283,336 | 247,894 | ||||
| Resources expended | ||||||||
| Charitable activities Governance costs |
162,698 24,146 |
21,869 0 |
184,567 24,146 |
212,621 22,774 |
||||
| Total resources expended | 186,844 | 21,869 | 208,713 | 235,395 | ||||
| Net incoming resources |
78,066 | (3,443) | 74,623 | 12,499 | ||||
| Actuarial gains on defined |
pension | scheme | 14 | 22,600 | 0 | 22,600 | (1,200) | |
| Total funds at 1 January | 853,905 | 12,827 | 866,732 | 855,523 | ||||
| Total funds at 31 December | 12/13 | 954,571 | 9,384 | 963,955 | 866,732 |
| at 31De | cember | ||||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Notes | |||||||
| FIXEDASSETS | |||||||
| Tangible assets | 843,296 | 845,857 | |||||
| CURRENT ASSETS | |||||||
| Debtors | 10 | 9,098 | 11,752 | ||||
| Prepayments k accrued Cash at bank and in hand |
income | 10 | 3,000 185,780 |
3,210 108,573 |
|||
| Groups cash at bank | 881 | 840 | |||||
| 198,759 | 124,375 | ||||||
| CREDITORS: amounts | |||||||
| falling due within one year Accruals |
(3,400) | (2,400) | |||||
| SWYM worker committed | funds | (3,700) | (7,000) | ||||
| Deferred income —CAP | project | (500) | (1,000) | ||||
| Deferred income —Employers | NIC allowance | (1,000) | (1,000) | ||||
| (8,600) | (11,400) | ||||||
| Net current assets | 190,159 | 112,975 | |||||
| Defined benefit pension | scheme liability | 14 | (69,500) | (92,100) | |||
| NET ASSETS | 963,955 | 866,732 | |||||
| Unrestricted funds |
12/13 | 954,571 | 853,905 | ||||
| Restricted funds | 12/13 | 9,384 | 12,827 | ||||
| TOTAL FUNDS | 963,955 | 866,732 |
| For the year ended | For the year ended | 31December | 2021 | |||
|---|---|---|---|---|---|---|
| Charitable Activities —Grants and loans income |
||||||
| Unrestricted | Restricted | Total | Total | |||
| 2021 | 2021 | 2021 | 2020 | |||
| Grants | ||||||
| 4. | Charitable Activities - Other activities income |
|||||
| Unrestricted | Restricted | Total | Total | |||
| 2021 | 2021 | 2021 | 2020 | |||
| Rental Income —242 PPR | 17,]69 | 0 | 17,169 | 18,505 | ||
| Rental income —34 Cedarcroft Road | 10,500 | 0 | 10,500 | ]0,200 | ||
| Minibus contributions |
0 | 0 | 0 | 81 | ||
| ln k out donations to others |
0 | 0 | 0 | 1,270 | ||
| SWYM worker deferred income applied |
3,300 | 0 | 3,300 | 0 | ||
| Mission | 0 | 30 | 30 | 522 | ||
| Donations from groups / other income Employment allowance Job retention scheme (Covid 19) |
2,671 5,708 9,149 |
0 0 0 |
2,671 5,708 9,149 |
366 3,000 17,039 |
||
| Community cafe / outreach CAP income |
753 4,353 |
0 0 |
753 4,353 |
477 767 |
||
| Soup Run Gift ofHope hampers Ghana project Gift Aid Recovered |
0 0 0 31,355 |
2,606 10,499 5,291 0 |
2,606 10,499 5,291 31,355 |
2,060 6,075 4,730 36,095 |
||
| Solar panels —FITtariff income Designated funds —church sub-groups Designated funds —church sub groups to give away |
4,494 84 0 |
0 0 0 |
4,494 84 0 |
5,636 2,157 20 |
||
| 89,536 | 18,426 | 107,962 | 99,540 | |||
| Bank interest | 0 | 6 | 127 | |||
| TOTAL INCOME | 264,910 | 18,426 | 283,336 | 247,894 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| 2021 | 2021 | 2021 | 2020 | |||
| Staffcosts ministry | (see note 8) | 113,340 | 0 | 113,340 | 109,701 | |
| Other direct | activities | 42,992 | 21,869 | 64,861 | 94,804 | |
| Designated | funds —church sub-groups | 543 | 0 | 543 | 3,563 | |
| Depreciation | 5,823 | 0 | 5,823 | 4,553 | ||
| 162,69S | 21,869 | 184,567 | 212,621 |
| Governance | costs | Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|---|---|
| 2021 | 2021 | 2021 | 2020 | ||||
| Salaries (operations &administration | manager) | 22,288 | 22,288 | 21,184 | |||
| Legal costs | (CIO & library lease) | 1,658 | 1,658 | 1,390 | |||
| Independent | Examiner's | fee | 200 | 200 | 200 | ||
| 24,146 | 0 | 24,146 | 22,774 | ||||
| TOTAL RESOURCES | EXPENDED | 186,844 | 21,869 | 208,713 | 235,395 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Ministry | —Stipend + employer | NI | 27,112 | 26,224 | ||
| Ministry | —Pensions | 9,966 | 8,814 | |||
| Ministry | —Housing Allowance |
9,600 | 9,600 | |||
| Ministry | —Minister related expenses (CTax, travel, | water, ins, buildings) | 3,858 | 2,958 | ||
| Ministry | support costs | 971 | 1,146 | |||
| C&Fworker salary /asst minister costs+ expenses | 28,679 | 23,699 | ||||
| Youth Worker (&SWYM provision) | —salary, training & allowances | 0 | 26,785 | |||
| Caretaker | salary | 10,866 | 10,475 | |||
| 91,052 | 109,701 | |||||
| 6 | ||||||
| Administration & Operations |
manager | (governance | cost note 6) | 22,288 | 21,184 | |
| 113,340 | 130,885 |
| 2021 | 2020 |
|---|---|
| No. | No. |
| Tangible fixed assets For th |
e year ended 31Dece | mber 2021 | ||
|---|---|---|---|---|
| Freehold | Solar panels | |||
| Property | Minibus | music &PA | TOTAL | |
| Cost / valuation | ||||
| At I January 2021 * | 830,000 | 4,800 | 60,230 | 886,422 |
| Additions | 0 | 0 | 3,262 | 3,262 |
| Disposal | 0 | 0 | 0 | 0 |
| At 31 December 2021 | 830,000 | 4,800 | 63,492 | 898,292 |
| Depreciation | ||||
| At 1 January 2021 |
0 | 4,400 | 44,773 | 49,173 |
| Charge for year | 0 | 200 | 5,623 | 5,823 |
| Disposal | 0 | 0 | 0 | 0 |
| At 31 December 2021 | 0 | 4,600 | 50,396 | 54,996 |
| Net book amount | ||||
| As at 31 December 2021 | 830,000 | 200 | 13,096 | 843,296 |
| As at 31 December 2020 | 830,000 | 400 | 15,457 | 845,857 |
| 10. | Debtors &Pre-payments | 2021 | 2020 |
|---|---|---|---|
| Gift Aid Debtor | 7,598 | 9,712 | |
| Other debtors | 1,500 | 2,040 | |
| 9,098 | 11,752 | ||
| Prepayment —Insurance |
2,000 | 2,410 | |
| Prepayment —subscriptions |
1,000 | 0 | |
| FIT | Tariff accrued income | 0 | 800 |
| 12,098 | 14,962 |
| 11. | Creditors: amounts falling due within |
Creditors: amounts falling due within |
one year | 2021 | 2020 |
|---|---|---|---|---|---|
| Deferred income —CAP project | 500 | 1,000 | |||
| Deferred income —Employers | NIC allowance | 1,000 | 1,000 | ||
| Provision - SWYM worker | 3,700 | 7,000 | |||
| Total | 5,200 | 9,000 | |||
| Accruals | |||||
| Accrual —Gas k electricity | 1,500 | 2,000 | |||
| Accrual —legal costs re. library | lease | 1,500 | 0 | ||
| Accrual —independent examiner |
200 | 200 | |||
| Accrual —Water | 200 | 200 | |||
| Total accruals | 3,400 | 2,400 | |||
| Total creditors 4 provisions | 8,600 | 11,400 |
| Movement in fun |
ds | ||||||
|---|---|---|---|---|---|---|---|
| At 1 | January | At 31December | |||||
| 2021 | Income | Expenditure | Transfers | 2021 | |||
| Unrestricted funds: |
|||||||
| General reserve | 889,165 | 258,826 | 186,301 | (7,500) | 954,190 | ||
| Emergency operating |
reserve | 28,000 | 6,000 | 0 | 0 | 34,000 | |
| Pension fund debt |
(92,100) | 22,600 | 0 | 0 | (69,500) | ||
| 825,065 | 287,426 | 186,301 | (7,500) | 918,690 | |||
| Designated funds |
|||||||
| Fabric | 23,000 | 0 | 0 | 7,000 | 30,000 | ||
| Minibus k equipment | 5,000 | 0 | 0 | 0 | 5,000 | ||
| Youth & P A.T Fund* | 301 | 0 | 409 | 500 | 392 | ||
| Luncheon Club |
216 | 0 | 37 | 0 | 179 | ||
| Women's Rendezvous |
246 | 39 | 47 | 0 | 238 | ||
| Flower Fund | 77 | 45 | 50 | 0 | 72 | ||
| 28,840 | 84 | 543 | 7,500 | 35,881 | |||
| Total unrestricted | funds | 853,905 | 287,510 | 186,844 | 0 | 954,571 | |
| Restricted funds |
|||||||
| Soup run | 2,382 | 2,606 | 4,211 | 777 | |||
| Gift ofHope | 7,362 | 10,499 | 12,931 | 4,930 | |||
| Ghana project | 0 | 5,291 | 2,000 | 3,291 | |||
| JG Mission | 0 | 30 | 0 | 30 | |||
| Outreach (thank off |
2019) | 1,605 | 0 | 1,605 | 0 | ||
| Refugee project (thank off2020) | 1,478 | 0 | 1,122 | 356 | |||
| Total restricted | funds | 12,827 | 18,426 | 21,869 | 9,384 | ||
| Total funds | 866,732 | 305,936 | 208,713 | 0 | 963,955 |
| The key assumptio | ns underlying the actuarial valuation ofthe D |
B plan |
|---|---|---|
| Type offinancial | assumption | %pa |
| RPI price inflation | assumption | 3.20 |
| CPI price inflation | assumption | 2.70 |
| Minimum Pensionable Income increases (CPI plus 0.75% pa) |
3.20 | |
| Assumed investment returns |
||
| Pre-retirement | 2.95 | |
| Post retirement | 1.70 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Income | |||||
| Weekly Offerings | 124,673 | 131,577 | |||
| Legacies / one offgifts |
50,695 | 7,190 | |||
| Mission | 30 | 522 | |||
| Rental Income —242 PPR | 17,169 | 18,505 | |||
| Rental income —34 Cedarcroft Rd | 10,500 | 10,200 | |||
| Other Income & Donations | from groups | 2,671 | 366 | ||
| Minibus | 0 | 81 | |||
| Soup Run | 2,606 | 2,060 | |||
| Gift ofHope hampers | 10,499 | 6,075 | |||
| Community Cafe / outreach |
753 | 477 | |||
| In &Out donations to others |
0 | 1,270 | |||
| SWYM worker deferred income applied |
3,300 | 0 | |||
| CAP project income | 4,353 | 767 | |||
| Gift Aid Recovered | 31,355 | 36,096 | |||
| Thank Offering (2021 Ghana project) | 5,291 | 4,730 | |||
| Solar Panels FITtariff income | 4,494 | 5,634 | |||
| Bank Interest | 6 | 127 | |||
| Designated funds —church |
sub-groups | 84 | 2,157 | ||
| Designated funds —church |
sub groups to give away | 0 | 20 | ||
| Job Retention Scheme claims (Covid 19) |
9,149 | 17,040 | |||
| Employment Allowance (HMRC) |
5,708 | 3,000 | |||
| 283,336 | 247,894 | ||||
| Expenditure | |||||
| Charitable activities (page |
21) | 178,744 | 208,068 | ||
| Governance & support costs (page 22) |
29,969 | 27,327 | |||
| 208,713 | 235,395 | ||||
| Net income (expenditure) for |
the year | 74,623 | 12,499 |
| haritable Activities —Unrestricted |
|||||
|---|---|---|---|---|---|
| Direct | Support | ||||
| Activities | Costs | Total | Total | ||
| 2021 | 2021 | 2021 | 2020 | ||
| Minister (incl BU pension deficit costs) Children's &families / asst minister |
50,536 28,679 |
0 0 |
50,536 28,679 |
47,606 23,699 |
|
| SWYM worker | 3,300 | 0 | 3,300 | 0 | |
| Hope Youth Worker Caretaker salary Training &,other staff costs Recruitment |
0 10,866 971 1,430 |
0 0 0 0 |
0 10,866 971 1,430 |
26,785 10,475 2,017 0 |
|
| Ministry &visiting speaker expenses Mission |
1,324 13,458 |
0 0 |
1,324 13,458 |
1,146 18,160 |
|
| Building Maintenance &,Upkeep Catering, kitchen & Cleaning materials Utilities & internet |
19,224 2,339 4,698 |
0 0 0 |
19,224 2,339 4,698 |
24,202 2,506 9,335 |
|
| Multimedia Maintenance &,Development |
1,577 | 0 | 1,577 | 2,502 | |
| Administration (photocopying etc.) Office equipment Outreach |
3,399 1,224 1,233 |
0 0 0 |
3,399 1,224 1,233 |
2,771 0 2,820 |
|
| Discipleship CAP project Community Cafe Minibus Expenditure In &Out donations to others |
0 5,366 0 1,900 0 |
0 0 0 0 0 |
0 5,366 0 1,900 0 |
360 3,127 453 5,543 1,270 |
|
| Depreciation Thank offering Designated funds —church sub-groups Designated funds —church sub groups given away Children and Youth work subsidies |
0 0 543 0 1,123 |
5,823 0 0 0 0 |
5,823 0 543 0 1,123 |
4,553 4,730 3,513 50 875 |
|
| Other Expenditure (admin, subscriptions Bank charges &,commission |
etc.) | 3,635 50 |
0 0 |
3,635 50 |
5,988 0 |
| Total unrestricted expenditure |
156,875 | 5,823 | 162,698 | 204,486 | |
| Charitable Activities —Restricted |
|||||
| Direct | Support | ||||
| Activities | Costs | Total | Total | ||
| 2021 | 2021 | 2021 | 2020 | ||
| Soup run Gift ofHope Ghana project Outreach (TO 2019) Refugee project (TO 2020) |
4,211 12,931 2,000 1,605 1,122 |
4,211 12,931 2,000 1,605 1,122 |
2,060 6,075 0 0 0 |
||
| 21,869 | 21,869 | 8,135 | |||
| TOTAL CHARITABLE ACTIVITIES | 178,744 | 5,823 | 184,567 | 212,621 |
| Governance | costs | |||||
|---|---|---|---|---|---|---|
| Office manager salary |
22,288 | 22,288 | 21,184 | |||
| Legal costs | (CIO k, library lease) | 1,658 | 1,658 | 1,390 | ||
| 1ndependent | Examiners | fee | 200 | 200 | 200 | |
| 24,146 | 24,146 | 22,774 | ||||
| TOTAL EXPENDITURE | 178,744 | 29,969 | 208,713 | 235,395 |