Registered Charity no. 1187165
Redeemer Church Chester-Le-Street
Trustees Annual Report and Accounts Year Ended 31st December 2020
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CHURCH LOGO OPTIONAL
DRAFT
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Contents Page
| Page | |
|---|---|
| Legal and Administrative Information | 1 |
| Trustee's Annual Report | 2 |
| Independent Examiners Report | 6 |
| Statement of Financial Activities | 7 |
| Statement of Financial Position | 8 |
| Notes to the Financial Statements | 9 |
Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Legal and Administrative Information
Reference
The Charity is called “Redeemer Church Chester-Le-Street” and is registered with the Charity Commission for England and Wales. Redeemer Church Chester-Le-Street is a Charitable Incorporated Organisation (CIO) incorporated on the 31st December 2019.
Registered Charity Number 1187165 Registered Office 13 Runnymede Great Lumley Chester Le Street DH3 4LN Date of incorporation 31st December 2019 Church Website www.redeemercls.com
The Trustees
The trustee's who have served during the financial year until the date this report was approved are:
Nigel James Tree Appointed 31/12/2019 Andrew William Oxley Appointed 31/12/2019 Susannah Mary Hart Appointed 31/12/2019 Alastair David Scott Appointed 31/12/2019 Matthew Robert Cray Appointed 31/12/2019 Dr John David Nicholls Appointed 31/12/2019
Church Elders Matthew Cray Alastair Scott (Lead Elder) Primary Bankers The Co-Operative Bank P O Box 250 Skelmersdale WN8 6WT Independent Examiner: Nigel Wyatt BSC FCA Wyatt & Co Chartered Accountants 125 Main Street Garforth Leeds LS25 1AF
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Trustee's Annual Report
Principal Objects
The principal objects of the charity are as follows:
Provision of worship, prayer and teaching services.
Encouraging and supporting individuals within the church and in the wider community.
Provision of services for children and young people.
Supporting through giving financial gifts to individuals and organisations that fulfil the charity’s vision and values.
Achievements and Performance
The vision of the church is ‘Revelling in Jesus, Restoring Lives, Reviving Communities’.
We have provided worship, prayer and teaching services on Sunday mornings at Park View School (prior to restrictions due to Covid19). Our normal attendance is around 60 adults and 30 children.
Once Covid19 restrictions were in place, we successfully managed to move our gatherings online. We livestreamed our Sunday services to Zoom and Facebook, moved our midweek community groups and children’s and youth groups to Zoom, and produced a variety of online video content both to strengthen those in the church and engage with those in the wider community.
We reacted diligently to the threat of COVID 19, establishing safe ways of working in line with the changing guidance from public health England, managing the process of risk assessments and arranging outdoor socially distanced worship meetings, when permitted, between lockdown periods.
The provision of online Sunday services has enabled many people to access church from a wider geographical area and we have welcomed new regular attenders. The PA/technical team and worship team leader have evaluated and improved our content on a variety of IT platforms, to a high standard of presentation and delivery.
Pastoral care has been provided to those in the church in the difficult time of this pandemic, through any means permissible (walks, providing support bubbles, online and telephone communication). Our midweek community groups have provided a lifeline to some of the most vulnerable or isolated members of our community.
We increased our number of community groups from 4 to 5 in the past year (between 8 and 20 people in each), meeting regularly online to provide pastoral support, bible study, prayer and opportunities for church participants to serve by taking responsibilities for roles in these groups. We initiated a number of things this year, including an intercessory prayer group meeting fortnightly to pray for the life of the church and individuals in need within it; a monthly Zoom church family meeting on Sunday evening (attendance of 40+ people); an online evangelistic training course; extended periods of daily prayer led each day on social media by various members of the church; and weekly online quiz nights held over the summer to increase our sense of community.
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Trustee's Annual Report
We employed three people to further the work of the charity: an eldership team leader (fulltime), a pastoral support worker (part-time), and an evangelist and administrative support worker (part-time).
We supported Heartwood Skills (CIC) in their purchase and renovation of a derelict building to become a community hub (named The Beacon) later at some point in 2021. We will be anchor tenants in this building, working alongside Heartwood Skills, with the objective of providing support services to those in the community around The Beacon, including children and young people. This is located in an area of the town that we have previously sought to engage with, through an annual fun day (sadly not permissible this year), carol services, and monthly Sunday afternoon community events.
We continue to relate with and support our wider family of churches called Regions Beyond. We have done this this year both through regular and one-off gifts to support the work of churches we relate to around the world, and through prayer. We would normally send individuals and/or teams on trips to support these churches, but to the covid-19 pandemic, this has not been possible this year. Our eldership team leader has been able to support the wider family of churches by serving as part of its UK team and helping to run and teach on its Leadership School.
We supported through giving financial gifts to individuals and the following organisations Heartwood Skills (Chester-Le-Street) (CIC 11582152); Refuse CIC (Chester-Le-Street) (Company Reg No: 9672997); Regions Beyond (UK) (Charity number 1152827); Spirit of Africa (Charity number 1141351); Universities and Colleges Christian Fellowship (UCCF) (Charity number 306137)
Public Benefit Statement
In setting our objectives and planning our activities our trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of the Christian faith through the provision of worship and teaching services and the relief of sickness, financial hardship and promoting good health. This has been achieved by the provision of funds, and services.
To advance the Christian faith principally in Chester le Street but also in such other parts of the United Kingdom or the world as the charity trustees may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the CIO.
To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support.
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Trustee's Annual Report
Reserves Policy
In line with good practise for charities, it is prudent to keep financial reserves to cover three months of operational costs. This is to ensure continuation of the charity if income to the charity should markedly reduce.
From July 2020, the budgeted operational expenditure is averaged at £5.8K, so if the income levels remain as budgeted the prudent reserves should be £17.4K
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1 The Elders have responsibility for deciding how excess money is allocated / spent / gifted, and they can make these decisions without having to refer to the trustees.
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2 The treasurer reports to trustees after each month end how much money is in the bank above the reserves amount and any special funds (if any are decided to be created by the Elders).
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3 The church partners are only asked for extra gifts if there is a specific cause that the Elders would like to support which can’t be met from the excess held above the reserves amount.
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4 If the Elders would like to spend money that would reduce the reserves amount held, then the trustees should be consulted and be in agreement with such expenditure.
Governance Structure
Redeemer Church Chester-Le-Street is a Charitable Incorporated Organisation. The governance of the Charity is overseen by the trustee's of which there must be a minimum of five members on the board at one time per the constitution. The day to day running of the organisation is delegated to the Elders and Church Leadership team.
Trustee's meetings are held regularly throughout the year to give oversight and direction to the Charity.
Under the requirements of the constitution, in addition to the statutory powers of appointment, a new Trustee may be appointed by a resolution of the Trustees passed by a majority of the Trustees.
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Trustee's Annual Report
Financial Review
The year ending 31st of December 2020 marked the first full year of activities undertaken with the organisational structure of Redeemer Church Chester-Le-Street. The combined activities of the Charity has resulted in an income of £106,640 and expenditure of £74,302 leading to a surplus of £32,608.
At the year end the unrestricted funds were £32,608.
Going Concern
The Trustee's are satisfied that the Charity is a going concern and do not know of any uncertainties regarding the organisations ability to continue operating as a going concern.
Approved by the Trustees of Redeemer Church Chester-Le-Street
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Name of Trustee: Andrew Oxley
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Signed on behalf of the Trustees:
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Date of approval: 15/05/2021
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Date of approval:
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Independent Examiners Report
I report to the trustees on my examination of the financial statements of Redeemer Church Chester-LeStreet ('the charity') for the year ended 31 December 2020.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements 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 statement
I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent 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.
Nigel Wyatt BSC FCA Independent Examiner 125 Main Street Garforth Leeds LS25 1AF
Date: 24/05/2021
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Statement of Financial Activities
| Statement of Financial Activities | ||||
|---|---|---|---|---|
| 2020 | ||||
| Unrestricted | Restricted | Total | ||
| Funds | Funds | Funds | ||
| Note | £ | £ | £ | |
| Income | ||||
| Donations and legacies | 91,817 | - | 91,817 | |
| Transfer of charitable activities | 2 | 14,800 | - | 14,800 |
| Other Income | 23 | - | 23 | |
| ────────── | ────────── | ────────── | ||
| Total Income | 106,640 | - | 106,640 | |
| ────────── | ────────── | ────────── | ||
| Expenditure | ||||
| Expenditure on charitable activities | 3 | 74,032 | - | 74,032 |
| ────────── | ────────── | ────────── | ||
| Total Expenditure | 74,032 | - | 74,032 | |
| ────────── | ────────── | ────────── | ||
| ────────── | ────────── | ────────── | ||
| Net income / (expenditure) | 32,608 | - | 32,608 | |
| ────────── | ────────── | ────────── | ||
| Net income and net movement in funds | ||||
| Total funds brought forward | 11 | - | - | - |
| Transfers | 11 | - | - | - |
| ────────── | ────────── | ────────── | ||
| Total funds carried forward | 11 | 32,608 | - | 32,608 |
| ────────── | ────────── | ────────── |
All income and expenditure derive from continuing activities.
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Statement of Financial Position
| Statement of Financial Position | ||
|---|---|---|
| 2020 | ||
| Note | £ | |
| Current assets | ||
| Debtors | 9 | 3,019 |
| Cash at bank and in hand | 30,549 | |
| ────────── | ||
| 33,568 | ||
| Creditors: amounts falling due within one year | 10 | 960 |
| ────────── | ||
| Net current assets | 32,608 | |
| ────────── | ||
| Total assets less current liabilities | 32,608 | |
| ────────── | ||
| Net assets | 12 | 32,608 |
| ────────── | ||
| Funds of the charity | ||
| Restricted funds | 11 | - |
| Unrestricted funds | 32,608 | |
| ────────── | ||
| Total charity funds | 32,608 | |
| ────────── |
Trustee Responsibilities
These financial statements were approved by the board of trustees and authorised for issue :
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Andrew Oxley
Name of Trustee:
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Signed on behalf of the Trustees:
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Date of approval: 15/05/2021
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Notes to the Financial Statements
1 Accounting Policies
Basis of Preparation
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities Financial Reporting Standards applicable in the UK and Republic of Ireland (Charities SORP 2019 FRS 102) and the Charities Act 2011.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
Fund Accounting
Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
Incoming Resources
All incoming resources are recognised once the charity has entitlement to the resources, It is probable that the resources will be received, and the monetary value of incoming resources can be measured with sufficient reliability.
• All voluntary income from supporters are recognised as donations and are included in full, with associated Gift Aid receivable in the Statement of Financial Activities.
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Grants where entitlement is not conditional on the delivery of specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant.
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Income resources from charitable trading activities such as the letting of the building are accounted for when invoices are drawn up (as the point of entitlement).
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Donated services and facilities are included at the value to the charity where this can be quantified and the donation is material to the accounts.
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Gifts in Kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
• Volunteer time, the value of voluntary support for the work of the charity is not included in the accounts but is described in the accounts.
- Investment Income is included in the accounts when receivable.
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Notes to the Financial Statements
Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.
Liability Recognition
Abilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Tangible fixed assets
All assets costing more than £500 are capitalised and at historic cost. Fixed assets are stated at cost less accumulated depreciation. Depreciation is charged on furniture and equipment which is written off on a straight-line basis over time, estimated useful live of the asset.
Pensions
The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.
Operating Leases
Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease.
Taxation
The charity is exempt from tax on its charitable activities.
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Notes to the Financial Statements
2 Analysis of Income
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2020 | |
| £ | £ | £ | |
| Donations and legacies | |||
| Donations | 77,710 | - | 77,710 |
| Gift Aid | 14,106 | - | 14,106 |
| ────────── | ────────── | ────────── | |
| 91,817 | - | 91,817 | |
| Transfer of charitable activities | |||
| Transfer of charitable activities | 14,800 | - | 14,800 |
| ────────── | ────────── | ────────── | |
| 14,800 | - | 14,800 | |
| Investment Income | |||
| Bank Interest | 23 | - | 23 |
| ────────── | ────────── | ────────── | |
| 23 | - | 23 | |
| ────────── | ────────── | ────────── | |
| Total Income | 106,640 | - | 106,640 |
| ────────── | ────────── | ────────── |
Transfer of charitable activities
During the year, £14,800 was transferred from Emmanuel Church Durham. Prior to the formal charity registration taking place for Redeemer Church Chester-Le-Street the churches funds and activities were held by Emmanuel Church Durham (charity number 1120286).
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Notes to the Financial Statements
3 Expenditure on charitable activities by expenditure type
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2020 | |
| £ | £ | £ | |
| Building and Premises | 2,207 | - | 2,207 |
| Administration and Communication | 2,579 | - | 2,579 |
| Ministry and Giving Costs | 28,886 | - | 28,886 |
| Staff Salary Costs | 38,322 | - | 38,322 |
| Staff Related Costs | 1,078 | - | 1,078 |
| Professional, Legal and Governance | 960 | - | 960 |
| ────────── | ────────── | ────────── | |
| 74,032 | - | 74,032 | |
| ────────── | ────────── | ────────── |
Donations from the church have been made to the following organisations during the year:
| 2020 | |
|---|---|
| £ | |
| Regions Beyond | 9,000 |
| Refuse Café | 3,600 |
| Spirit of Africa | 3,200 |
| Heartwood Skills | 3,125 |
| Supporting foreign churches | 5,190 |
| UCCF | 2,000 |
| ────────── | |
| 26,115 | |
| ────────── |
4 Volunteers
The church benefits greatly from the voluntary contributions of time and money by its formal members and regular attendees. Please refer to the trustee's report for further detail about volunteer contributions in the organisation.
5 Independent examination fees
Fees payable to the independent examiner for:
| Independent examination fees Fees payable to the independent examiner for: |
|
|---|---|
| 2020 | |
| £ | |
| Independent examination and preparation of the financial | 960 |
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| 960 | |
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Notes to the Financial Statements
6 Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2020 | |
|---|---|
| £ | |
| Wages and salaries | 34,543 |
| Social security costs | - |
| Employer contributions to pension plans | 3,779 |
| ────────── | |
| 38,322 | |
| ────────── |
The average head count of employees during the year was as follows:
| 2020 | |
|---|---|
| Average Head Count | 3 |
No employee received employee benefits of more than £60,000 during the year was as follows:
2020 - More than £60,000
Key Management Personnel
The charity considers its key management personnel to be the lead elder. The total employee benefits received by key management were as follows:
Key management personnel employee benefit
2020 £ 29,941
7 Fixed Assets
As part of the transfer of activities and assets from Emmanuel Church Durham (charity number 1120286) a number of fixtures and fittings and items of equipment were transferred into the charity. At the point of the transfer it was not clear what the net book value of these items was and the only record of their value was the insured replacement cost. Due to this fact and on the basis of probability it has been assumed these assets have been fully depreciated at the point of transfer and have not been revalued and disclosed in the financial statements. The estimated insured value of the items amounts to £6,000.
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Notes to the Financial Statements
8 Trustee expenses and transactions
During the year three trustees were repaid for out of pocket expenses totalling £751.87. The expenses were incurred on travel, training, pastoral costs and other day to day running costs of the church.
During the year the total aggregated donations made to the charity by the trustee's during the year was £19,616.58.
9 Debtors
| 2020 | |
|---|---|
| £ | |
| Accrued Gift Aid | 2,919 |
| Prepayments | 100 |
| ────────── | |
| 3,019 | |
| ────────── |
10 Creditors: amounts falling due within one year
| 2020 | |
|---|---|
| £ | |
| Accruals | 960 |
| ────────── | |
| 960 | |
| ────────── |
11 Analysis of Charitable Funds
| 31 Dec 2019 | Income | Expenditure | 31 Dec 2020 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Unrestricted Funds | ||||
| General Fund | - | 106,640 | (74,032) | 32,608 |
| ────────── | ────────── | ────────── | ────────── | |
| Total | - | 106,640 | (74,032) | 32,608 |
| ────────── | ────────── | ────────── | ────────── |
12 Analysis of net assets between funds
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2020 | |
| £ | £ | £ | |
| Current Assets | 33,568 | - | 33,568 |
| Creditors less than 1 year | (960) | - | (960) |
| ────────── | ────────── | ────────── | |
| 32,608 | - | 32,608 | |
| ────────── | ────────── | ────────── |
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Redeemer Church Chester-Le-Street
Year Ended 31st December 2020
Notes to the Financial Statements
13 Events after the Reporting Period
After the year end a non-adjusting post balance sheet event took place. At the beginning of January 2021 the UK Government announced a further national lockdown in England with the start of certain restrictions expected to eased from March 2021 onwards. This event has not materially effected the organisations financial situation but has continued to effect how the day to day activities are carried out.
14 Related party transactions
During the year one trustee and one close family relative of a trustee received remuneration for their services to the charity as employees and not for their duties as trustees. The employment remuneration payments have been authorised by the remaining members of the trustee board and under the Charities constitution.
| payments have been authorised by the remaining constitution. |
members of the trustee boa |
|---|---|
| Alastair Scott | £ |
| Employment Remuneration: | 29,941 |
| Claire Scott | £ |
| Employment Remuneration: | 2,472 |
Trustee Nigel Tree's spouse, Carol Tree, is the chair of trustees for the charity Spirit of Africa (Charity registration number 1141351). During the year the church donated a gift of £3,200 to further the work of the charity.
15 Transfer of charitable activities
Upon formation of the charity the activities and funds of the organisation were transferred in from Emmanuel Church Durham (charity number 1120286). Emmanuel Church Durham originally planted Emmanuel Church Chester-Le-Street in September 2016 and carried the responsibility for governance and legal oversight for the church until the point of transfer.
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