## **Trustees’ Report and Annual Accounts** **For the period ended 31[st] December 2021** 1 ## **Anchor Church Lymington & Pennington Period ended 31[st] December 2021 Legal & Administrative Details** **Address for Correspondence** 17 Rookes Lane, Lymington, SO41 8FP **Governing Document** CIO Constitution dated 24[th] November 2019 **Charity Registration Number** 1187597 **Trustees** Mrs Katherine Coxon Reverend Christopher Henderson Reverend Nick Hiscocks Mrs Nicole Bateman resigned during the period, effective from 24[th] March 2021 **Bankers** CAF Bank, 25 Kings Hill Avenue, West Malling, ME19 4JQ **Independent Examiner** Mrs Katherine Gardiner 2 ## **Anchor Church Lymington & Pennington Report of the Trustees For the period ended 31[st] December 2021** ## **Objects of the Charity** The Objects of the CIO are, for the public benefit, the advancement of the Christian faith in such ways as the Charity Trustees may from time to time decide. ## **Governance** The policy and operating decisions of the charity rest with the Trustees who meet regularly to monitor the activities of the charity. Every Trustee must be appointed by a resolution passed at a properly convened meeting of the Trustees. In selecting individuals for appointment as Charity Trustees, the Charity Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity. All Charity Trustees must subscribe and adhere to, in belief and lifestyle, the Statement of Faith, which is included as an appendix to the Governing Document. Mrs Nicole Bateman stepped down as a Trustee during 2021. The remaining Trustees intend to appoint one or more new Trustees in due course. ## **Review of Activities** The main activities undertaken for the public benefit are preaching from the Bible, the worship of God and the encouragement of the Church at regular Sunday services. There are occasional Sunday evening seminars to consider various topics in greater depth. There is also a Tuesday evening Bible study, a midweek morning prayer meeting (which moved during the year from Thursdays to Fridays), a Thursday morning ‘Tots & Tinies’ group which started during 2021, and a Friday afternoon club for children of primary school age. Everyone is welcome to our Sunday services, irrespective of denomination or background, unless they pose a risk to the safety of those we serve. Over the last year, such assessment of risk involved making sure we could meet in a COVID secure environment, as far as possible. Sunday services were either held online, or in the Social Club in Pennington, or outdoors, depending on public health considerations. The online services were available to anyone through the Church’s website. Regulars at the Sunday services are encouraged to be a part of a Bible study group which meets on Tuesday evenings. These meetings took place online at the start of the year when the country was in lockdown. Over the year, a new model for meeting developed, whereby some members meet in the Pastor’s home whilst others join the discussion over Zoom. Once a month, these meetings focus more on prayer: for the Church, the wider Christian community and our wider society. A service of Morning Prayer is held every week, to which everyone is welcome. This has moved from Thursdays to Fridays during the year, in order to make space for people to volunteer for the new Tots & Tinies group. This prayer meeting has continued to be held on Zoom, as this has proved a convenient and effective way to meet. It is accessible to all who have expressed a desire to be on the Church’s regular mailing list. 3 A new group for 0-4s and their carers, ‘Tots & Tinies’ was established during the year. It initially met outside near to a local play park, before moving indoors to meet inside Woodside Pavilion. During 2021, entry to the group has been free. It is open to all who are caring for a child aged 0-4. We made some videos, talking about the message of Christianity, which are freely available on our Youtube Channel and website. We also engaged in some one-off activities around Christmas to share the news of Christianity with our town. This included a special Carols Service and neighbourhood carol singing at a number of locations. The Church also offers the chance for individuals who are adult members of the Church or those adults interested in Christian things to meet with members of the Leadership or other designated members of the Church with the intention of offering Christian encouragement, instruction, pastoral counselling, the chance to read the Bible together and/or the chance to pray together where appropriate and desired. In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission. ## **Achievements** 2021 was the second year for Anchor Church Lymington and Pennington being registered as a charity. Services have been provided every Sunday during the year and for major Christian festivals. The restrictions due to the pandemic meant that the way meetings and activities happened had to be adjusted several times. Nevertheless, through God’s grace, Anchor Church has remained strong: meetings have happened, however they have been able to happen, activities have been developed, visitors have been welcomed, members have ministered to one another, and Anchor Church has been able to reach out in the community. A big prayer for 2021 was that Anchor Church would be able to establish a tots group. By the end of 2021, this had happened. A new group – Tots & Tinies – has started to meet in Woodside Pavilion each week, with around 10-12 children attending each week with their carers. The time is made up of free play, crafts, singing and having a story from the Bible. It is hoped that the group will build contacts that will enable the sharing of the Christian faith. The regular activities which were established in 2020 have continued through 2021. The Tuesday Bible study group is well established and is a good time for going deeper into the Word following on from Sundays. There is a regular core of six people who meet in the Morning Prayer meeting each week. Friday Club has continued as a weekly fixture and has been effective for helping our children hear the same message from the Bible as the adults each week. During 2021, occasional ‘Sunday seminars’ were held, at first online, moving to in-person as restrictions allowed. These seminars have given opportunity for more focused time on a particular topic. Topics in 2021 have included: anger, historical arguments for the resurrection, gender, and faith and reason. Occasional ‘Church Lunches’ were also started and proved to be a very popular way of spending more time with one another as a church. The Church Council met six times in the year. This body, made up of members of Anchor Church, is tasked with considering the Mission and Ministry of Anchor Church. Agenda items in 2021 included: ideas for evangelism, how we think about Sundays, how we embed a healthy leadership culture, the possibility of buying a house, and whether we are comfortable with choosing songs from certain sources. 4 As a founder member of the new AMiE Convocation (Anglican Mission in England), there were several opportunities to build relationships with others within the Convocation. This included a visit from Bishop Andy Lines in November as well as joining in regular Zoom calls and prayer meetings open to AMiE and its sister convocation, ACE (the Anglican Convocation in Europe). The Trustees also engaged HAF (Housing Affordability Finance) to consider the feasibility of purchasing a house for the Pastor. This project will continue into 2022, during which time it is envisaged that it will become clear whether the capital can be put together or not. The Trustees are trusting that if this project is right, the Lord will enable it to happen. Anchor Church continues to be well supported through prayer and financial giving, both from its regular members and from further afield. A group of supporters receives a regular prayer letter every two months from the Pastor. There were several visitors to Anchor Church through the year and it has become clear that many people have heard of the Church, both locally and further afield. Regular members of Anchor Church are encouraged to reach out with the gospel as much as they can, and to see Sunday as a regular opportunity to invite others. There were also particular opportunities to reach out around Mothering Sunday, Easter Sunday and in the weeks leading up to Christmas. The website, Youtube Channel and now a Facebook page have been effective ways of reaching out and letting people know of Anchor Church’s activities. ## **Financial Review** During the year income was £54,863. Expenditure was £62,034. Income in 2021 was expected to be significantly lower than in 2020 (£149,871), as the income in 2020 was largely made up of large one-off gifts from Christ Church Westbourne to help Anchor Church set up. The Trustees had planned for a deficit in the first few years of Anchor Church and encouraged the Church to pray for fourfold growth in its first five years. Having anticipated a deficit of around £23,000 in 2021, instead there was a deficit of just over £7,000. This is due to income being some £15,000 greater than budgeted, expenditure having come in a few hundred pounds under-budget. The figures are therefore a big cause for giving thanks. Some grants and donations were received during the year towards supporting the AMiE Ordinand, with Anchor Church acting as agent. Funds had also been received from Christ Church Westbourne for Anchor Church to pass on to the pension account for the Pastor, relating to the previous employment of the Pastor at Christ Church Westbourne. Anchor Church was acting as agent for these funds also, which were all passed on in 2021. Both these amounts are therefore not included in the principal financial statements, but rather in a separate note (Note 5). The Trustees aim to hold unrestricted cash of no less than £15,000, which equates to approximately 3 months' expenditure. The Trustees are considering a project to purchase a house for the Pastor. Any funds raised for a deposit will be done through appeals and will be in addition to the regular income of the church. Beyond this, the Trustees anticipate no significant costs which the Charity will have to pay in the coming year asides from the regular activities of the church. 5 Given the greater level of reserves at end of 2021 than planned, the Trustees may consider using some of the reseNes towards the fundraising for a house. but the intention 15 for this not to exceed £IO,(LK). The Trustees othep*ise have no plans to spend the Cur￿ftt levels of reser4es (far above £15,IXXIl. as they give the church a healthy financial footin8 in its first few years of being established. If the level of reserves shows no sign of deC￿asIng during this time. then In the event of a house purchase. the Trustees V￿uld consider usin8 these reserves to reduce the debt taken on. Trustee< Responslbllftles Charlty law requires Trustees to prepare financial statements for each accountsrya year whlch at least record the receipts and payments of the charity for the year. We have opted to prepa￿ our accounts on an accnMls basls. We are responslble for keeping proper accounting records which discl¢)se with reasonable accurary at any tlme the financial position of the charity and enable us to ensure that the financlal statements comply with the Charitles Art 2011. We also have a responsibi1Sty to safeguard the assets of the charlty and to take reasonal)le steps to prevent fraud or any other Irre8ulaiit*s. Thls report was approved by the Trustees on il 110 /2è1& and gBned on their behalf by Chrislopher Henderson Inde Pennin ndent Exarninerfs R to the Truslees of Anthor Church L I report lo the Trustees on my examInat￿ft of the accounts for Andx)r Church Lymington & Penninslon, for the yeor ended 31" DKember 2021 Isel out on pages 8-14). Responslbllltles and basls of the reyt As ihe charity's trustees. you are responsible forthe preparation of the accounts in accordance with the requirements of the Charities Act 20111.the Act"). I report in respect of my exaffllnation of the Trust's a¢counts ¢arr*d OLrt urtrder section 145 of the 2011 Act and in carrying out my examination, I have lollowed all the applicable Dlreaions glven by the Charity Commission under section 14515llb) f the Art. Indepèndènt examlnerfs statement I have Completed my examination. I confimi that no material matters have come to my attenlion in connectlon with the examlnatlon which gives me cause to believe that in any material respect: • the accountin8 records were not kept in accordance with 5ectTh 130 of the CharitiPs Act,. or the accounts dld not actord Vlth the accounting records- or • the accounts did not comply wlth the applicable requlrements conceming the form and contenl of ccounts set out in the Charities {Accounts and RepDrt51 ReBulations 2008 other than any requlrement that the accounts Elve a 'true and tsirf view vthich 15 riot a matter considered as part of an independent examination. I have no concerns and have come across no oiher matters in connection wrih the examination to which attention should be drawn in this report ITh order to enable a proper understanding of the accounts to be reached. Slgnature & Date 210cbk¥ koA Name & Address Oxs Imf ## **Statement of Financial Activities** For the period ended 31[st] December 2021 ||_2021_
_Unrestricted Funds_
£
**Incoming Resources(Note 2)**
Donations and Legacies
54,840
Income from charitable activities
23
**Total**
**54,863**
**Resources Expended (Note 3)**
Charitable activities
62,034
**Total**
**62,034**|_2020_
_Unrestricted Funds_
149,845
26
**149,871**
20,868
**20,868**| |---|---|---| ||**Net movement in funds**
**(7,171)**
Funds at 1stJanuary
129,003
Funds at 31stDecember
121,832
_Represented by:_
General Fund
121,832|**129,003**
-
129,003
129,003| 8 Balance Sheet For the perlod ended 315t DeC￿ber 2021 2021 Unrestrirted Fund5 2020 Unrestricted Funds Current A%sets Debtor5 and Prepayments (Note 6) Cash at bank and In hand 635 121.366 122.LKII 9,526 119.627 129.IS3 Credltors Creditors fallin8 due withln one year INote 7) 169 150 Net assets 121.832 129,003 Funds General Fund 121,832 129,IXI3 Slgned on behalf of the tntstees Sl8nature Name Date £tr ## **Note 1 – Accounting Policies** ## **Basis of financial statements** The financial statements have been prepared in accordance with the current Statement of Recommended Practice, Accounting and Reporting by Charities and applicable accounting standard FRS 102 and with the Charities Act 2011. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. ## **Fund accounting** Unrestricted funds are income funds that are to be spent on the Charity’s general purposes. There were no Restricted funds (donations or grants for a specific Charity activity intended by the donor) or Designated funds (General funds set aside by the Trustees for a particular purpose) in 2021. ## **Incoming resources & Debtors** Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received, with a debtor being recorded for the amount expected. Grants and legacies are accounted for when the Charity is entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amounts due are readily quantifiable. Interest is accounted for as and when accrued by the payer. All incoming resources are accounted for gross. Debtors are recorded as the amount expected to be received. ## **Resources expended & Liabilities** All expenditure is recognised when it is incurred and is accounted for gross. 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. ## **Fixed Assets** Tangible fixed assets for use by charity are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost and are depreciated on a straight-line basis over each asset's estimated useful life. Individual items with a purchase price of less than £1,000 are written off when the asset is acquired. The Charity currently holds no fixed assets, nor did it at any stage during 2021. 10 ## **Note 2 – Analysis of Income** ||_2021_
_Unrestricted Funds_
£
**Donations & Legacies**
Planned giving from ACLP members
17,693
Planned giving from other supporters
19,595
Loose collections
20
One-off gifts*
6,990
Gift Aid
7,890
Legacies
0
Set-up gift from Christ Church
Westbourne
2,652
**Total**
**54,840**
**Income from Charitable Activities**
Book sales commission from 10ofthose
23|_2020_
_Unrestricted Funds_
_£_
3,380
2,178
109
43,986
5,243
0
94,949
**149,845**
26| |---|---|---| ||**Total Income**
**54,863**|**149,871**| * One-off gifts include gifts from members of Anchor Church Lymington & Pennington, Christ Church Westbourne, All Saints Little Shelford, as well as a donation from All Saints Little Shelford PCC. 11 ## **Note 3 – Analysis of Expenditure** |_2021_
_Unrestricted Funds_
£
**Expenditure on Charitable Activities**
**Employment of Pastor**
-
Salary + Pension
-
Rent + Council Tax 17 Rookes Lane
**Total**
29,073
27,196
**56,269**
**Sunday Services**
-
Hire of hall
-
Insurance
-
Other
**Total**
950
716
536
**2,202**
**Midweek Activities**
-
Tots & Tinies room hire
-
Tots & Tinies materials and equipment
**Total**
**Contribution to Anglican Mission in**
**England**
302
445
**747**
1,000
**Other Expenses**
1,816|_2020_
_Unrestricted Funds_
£
9,221
9,028
**18,249**
340
593
179
**1,112**
-
-
-
-
1,507| |---|---| |**Total**
**62,034**|**20,868**| N.B. ‘Other Expenses’ includes a gift of £100 to Mrs Katherine Gardiner, in appreciation for her acting as Independent Examiner for the 2020 accounts. It also includes a gift of £200 to Mr James Ivin, to be used towards the purchase of theological books. ## **Note 4 – Transactions with related parties** The employment costs in Note 3 refer to the employment of Rev C Henderson, a trustee, in his capacity as Pastor of the church. This is permitted by the governing document. Anchor Church Lymington and Pennington also acted as agent in passing on accrued pension contributions to Rev C Henderson, from his previous employer, Christ Church Westbourne (see Note 5). Except for the reimbursement of expenses to the Pastor, no other amounts were paid or are payable to any trustee or to any person connected to them. Expenses paid to the Pastor related to ordinary church running costs (comprising insurance, safeguarding training and checks, website costs, running costs for Sundays). For some of the year this also included reimbursement of council tax, though this is now paid by Anchor Church Lymington and Pennington directly. 12 ## **Note 5 – Funds received as agent** |**Description**|Balance
held / due
at period
start
£|Related
Party?|Amount
received
/ due
£|Amount
paid out
£|Balance
held / due
at period
end
£| |---|---|---|---|---|---| |(1) Grants and donations
made to support living
expenses of AMiE Ordinand,
for ACLP to pass on.|0|No|800|800|0| |(2) Pension contributions
from Christ Church
Westbourne for payment
into C Henderson’s
workplace pension (see
below).|4,000|Yes|0|4,000|0| |**Total**
**4,000**
**800**
**4,800**
**0**|||||| Funds received as agent are not shown on the Statement of Financial Activities nor on the Balance Sheet. More on Item (2): C Henderson was employed by Christ Church Westbourne between 1[st] September 2019 to 31[st] August 2020, the job being to set up a new church in Lymington and Pennington. During this time, employer pension contributions were accrued by Christ Church Westbourne but not paid. The total amount accrued was paid to Anchor Church Lymington and Pennington at the end of 2020, and was transferred into the NEST pension account set up for C Henderson by Anchor Church in 2021. ## **Note 6 – Analysis of Debtors** |_2021_
_Unrestricted Funds_
£
HMRC Gift Aid
635
Uncleared set-up gift from Christ Church
Westbourne
-
Other debtors
-|_2020_
_Unrestricted Funds_
£
5,243
3,949
334| |---|---| |**Total**
**635**|**9,526**| 13 ## **Note 7 – Analysis of Creditors** |_2021_
_Unrestricted Funds_
£
Hire of hall owing
-
Payroll outsourcing owing
40
HMRC Gift Aid Repayment
57
Advertising owing
22
Tots & Tinies claim owing
50|_2020_
_Unrestricted Funds_
£
100
50
-| |---|---| |**Total**
**169**|**150**| 14