REGISTERED CHARITY NUMBER: 1189932
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
FOR
CHRISTIAN LIFE CHURCH
DTBC Ltd t/a Thompson & Co SME House Unit 1 Holme Lacy Ind Estate Hereford Herefordshire HR2 6DR
CHRISTIAN LIFE CHURCH
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
| Page | |||
|---|---|---|---|
| Chairman's Report | 1 | ||
| Report of the Trustees | 2 | ||
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statement of Financial Activities | 10 | to | 11 |
CHRISTIAN LIFE CHURCH
CHAIRMAN'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
This year saw the church gradually return to some normality after lockdowns. Sunday services slowly returned to normal in our three sites - Hereford, Ross and Leominster. The Hereford service continued to be broadcast online for those unable to attend in person.
Revive has undergone some changes. Due to ill health, the manager of Revive shop and cafe has had to resign. A new manager has been appointed, but the shop no longer exists. The cafe still aims to service the community and has become a Talk hub to encourage regular opportunities for people to meet together and share.
Trustees decided to replace part of the main roof, as it was leaking. Inevitably the work turned out to be more complex than anticipated with damaged being sustained to the internal suspended ceiling. The contractors generously covered the cost of the replacement internal ceiling and new LED lighting was also installed, which is more energy efficient.
We welcome a new Trustee, James Lowther to the board and he has relevant experience in running a charity and a financial background.
Page 1
CHRISTIAN LIFE CHURCH
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Christian Life Church, a Charitable Incorporated Organisation (CIO), is the registered vehicle for the Church based on Edgar Street within the Christian Life Centre.
The CIO was setup in June 2020; Hereford Christian Community Trust (510174) transferred its operations to the Christian Life Church (1189932) on 1st January 2021.
The CIO has adopted a foundation model constitution which is considered the Governing Document.
This is the first annual report of the CIO.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1189932
Principal address
Christian Life Centre 133 Edgar Street Hereford Herefordshire HR4 9JR
Trustees
KG Kindamba M Farkas Ms E Rudge F Price C P Rudge J Lowther (appointed 14.2.22) A Pitcher (resigned 14.2.21)
Independent Examiner
Philip Rowberry ACCA FMAAT Association of Chartered Certified Accountants DTBC Ltd t/a Thompson & Co SME House Unit 1 Holme Lacy Ind Estate Hereford Herefordshire HR2 6DR
Approved by order of the board of trustees on 26 October 2022 and signed on its behalf by:
Frank Price
Frank Price (Oct 27, 2022 11:08 GMT+1)
F Price - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHRISTIAN LIFE CHURCH
Independent examiner's report to the trustees of Christian Life Church
I report to the charity trustees on my examination of the accounts of Christian Life Church (the Trust) for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
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:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts 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.
Philip Rowberry ACCA FMAAT Association of Chartered Certified Accountants DTBC Ltd t/a Thompson & Co SME House Unit 1 Holme Lacy Ind Estate Hereford Herefordshire HR2 6DR
26 October 2022
Page 3
CHRISTIAN LIFE CHURCH
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 188,844 Other trading activities 2 2,917 Other income 5,926 Total 197,687 EXPENDITURE ON Raising funds 3 935 Charitable activities Christian Life Church 155,501 Revive 4,392 Total 160,828 NET INCOME 36,859 TOTAL FUNDS CARRIED FORWARD 36,859 |
Restricted fund £ 12,565 - 4,476 17,041 - 9,610 - 9,610 7,431 7,431 |
Total funds £ 201,409 2,917 10,402 |
|---|---|---|
| 214,728 935 165,111 4,392 |
||
| 170,438 | ||
| 44,290 | ||
| 44,290 |
The notes form part of these financial statements
Page 4
CHRISTIAN LIFE CHURCH
BALANCE SHEET
31 DECEMBER 2021
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 5 79,716 CURRENT ASSETS Debtors 6 27,575 Cash at bank and in hand 75,712 103,287 CREDITORS Amounts falling due within one year 7 (146,144) NET CURRENT ASSETS (42,857) TOTAL ASSETS LESS CURRENT LIABILITIES 36,859 NET ASSETS 36,859 FUNDS 9 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ 1,695 - 14,895 14,895 (9,159) 5,736 7,431 7,431 |
Total funds £ 81,411 27,575 90,607 118,182 (155,303) (37,121) 44,290 44,290 36,859 7,431 44,290 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 26 October 2022 and were signed on its behalf by:
Frank Price
Frank Price (Oct 27, 2022 11:08 GMT+1)
F Price - Trustee
The notes form part of these financial statements
Page 5
CHRISTIAN LIFE CHURCH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property Sports area - 25% on reducing balance Fixtures and fittings - 25% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. OTHER TRADING ACTIVITIES
Revive sales
£ 2,917
Page 6
continued...
CHRISTIAN LIFE CHURCH
£
935
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
3. RAISING FUNDS
Investment management costs
Property repairs
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2021.
5. TANGIBLE FIXED ASSETS
| Freehold property £ COST Additions 65,355 Disposals - At 31 December 2021 65,355 DEPRECIATION Charge for year - NET BOOK VALUE At 31 December 2021 65,355 |
Sports area £ 593 - 593 148 445 |
Fixtures and fittings £ 21,232 (544) 20,688 5,077 15,611 |
Totals £ 87,180 (544) |
|---|---|---|---|
| 86,636 | |||
| 5,225 | |||
| 81,411 |
6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other debtors Prepayments and accrued income |
£ 23,130 4,445 |
|---|---|
| 27,575 |
continued...
Page 7
CHRISTIAN LIFE CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Bank loans and overdrafts (see note 8) Trade creditors Taxation and social security Other creditors 8. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Bank overdrafts 9. MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Restricted TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Restricted TOTAL FUNDS |
Incoming resources £ 197,687 17,041 214,728 |
£ 10,839 202 (2,416) 146,678 155,303 £ 10,839 Net movement At in funds 31.12.21 £ £ 36,859 36,859 7,431 7,431 44,290 44,290 Resources Movement expended in funds £ £ (160,828) 36,859 (9,610) 7,431 (170,438) 44,290 |
|---|---|---|
continued...
Page 8
CHRISTIAN LIFE CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
10. RELATED PARTY DISCLOSURES
Lynn Pitcher (Wife of trustee, Albert Pitcher)
Lynn Pitcher was employed by the Charity until June 2021 and during the reporting period was paid wages of £4,304.
There are no other related party transactions to disclose for the year ended 31st December 2021.
Page 9
CHRISTIAN LIFE CHURCH
£
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Grants Other trading activities Revive sales Other income Other income Total incoming resources EXPENDITURE Investment management costs Property repairs Charitable activities Wages Rent, rates and water Insurance Light and heat Telephone Postage and stationery Sundries Repairs and renewals Events and activities Food and catering costs Ministry support and expenses Gifts Children and youth costs Card and Stripe fees Depreciation of tangible fixed assets Loss on sale of tangible fixed assets Mortgage Bank charges Support costs Governance costs Legal and professional fees Accountancy fees |
159,665 31,123 10,621 |
|---|---|
| 201,409 2,917 10,402 |
|
| 214,728 935 115,663 375 3,477 4,248 1,000 3,353 555 7,658 2,130 230 7,963 10,587 1,209 584 5,225 544 1,860 192 |
|
| 166,853 250 2,400 |
|
| 2,650 |
This page does not form part of the statutory financial statements
Page 10
CHRISTIAN LIFE CHURCH
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021 |
|
|---|---|
| Total resources expended Net income |
£ |
| 170,438 | |
| 44,290 |
This page does not form part of the statutory financial statements
Page 11
Christian Life Church CIO Christian Life Centre 133 Edgar Street Hereford HR4 9JR
Thompson & Co SME House Holme Lacy Industrial Estate Hereford HR2 6DR
26[th] October 2022
Dear Sirs,
During the course of your independent examination of the accounts for the year ending 31[st] December 2021, the following representations were made to you by the trustees and officials of the Charity.
Representation
-
1 We have fulfilled our responsibilities as trustees under the Charities Act 2011 for preparing financial statements in accordance with the applicable financial reporting framework (FRS102 and the FRS102 charity SORP) and for making accurate representations to you as our independent examiners.
-
2 We confirm that all accounting records have been made available to you for the purpose of your independent examination and that all the transactions undertaken by the charity had been properly reflected and recorded in the accounting records. All other records and related information, including minutes of all management and trustees’ meetings, have been made available to you.
-
3 We confirm that significant assumptions used by us in making accounting estimates, including those measured at fair value, are reasonable.
-
4 We confirm that all known actual or possible litigation and claims whose effects should be considered when preparing the financial statements have been disclosed to the independent examiner and accounted for and disclosed in accordance with the applicable financial reporting framework.
-
5 We confirm that the charity has no liabilities or contingent liabilities other than those disclosed in the accounts.
-
6 We confirm that we have no plans or intentions that may materially alter the carrying value and, where relevant, the fair value measurements or classification of the assets and liabilities reflected in the financial statements. In this respect, we confirm that we are happy with the carrying value of the investments shown in the financial statements and that no specific write downs in value are required from the net book valuations shown.
-
7 We confirm that there have been no events since the balance sheet date which require disclosing or which would materially affect the amounts in the accounts, other than those already disclosed or included in the accounts.
-
8 We confirm that the charity has not contracted for any capital expenditure other than as disclosed in the financial statements.
-
9 We confirm the charity has satisfactory title to all assets and there are no liens or encumbrances on the assets, except for those disclosed in the financial statements.
-
10 We advised you of all laws and regulations considered central to the operation of the charity or which provide a legal framework within which the charity conducts its operations and confirm that there has been no possible or actual instance of non-compliance with those laws and regulations.
-
11 The charity is a going concern and the financial statements should be prepared on a going concern basis. In forming this opinion, we have considered our expectations and intentions for the next 12 months and the availability of unrestricted reserves to support the charity’s operations.
-
In forming this opinion, we have also considered the impact of the Covid-19 pandemic on current and future operations.
-
12 We confirm that all related party relationships and transactions have been accounted for and disclosed in accordance with the applicable financial reporting framework.
-
13 We confirm that all grants, donations and other income, including those subject to special terms or conditions or received for restricted purposes, have been notified to you. There have been no breaches of terms or conditions during the period regarding the application of such income.
-
14 We acknowledge our responsibility for the design and implementation of internal controls to prevent and detect fraud. We confirm that we have disclosed to you the results of our own assessment of the risk of fraud in the charity.
-
15 We confirm that there have been no actual or suspected instances of fraud involving trustees, management or employees who have a significant role in internal control or that could have a material effect on the financial statements. We also confirm that we are not aware of any allegations of fraud by former trustees, employees, regulators or others.
-
16 We confirm that we are not aware of any matters of material significance that should be reported to the Charity Commission.
-
17 We acknowledge our legal responsibilities regarding disclosure of information to you as independent examiners and confirm that:
-
so far as each trustee is aware, there is no relevant information for the independent examination of which you as independent examiners are unaware, and
-
each trustee has taken all the steps that they ought to have taken as a trustee to make themselves aware of any relevant information for the independent examination and to establish that you are aware of that information.
-
We confirm that the above representations are made on the basis of enquiries of management and staff with relevant knowledge and experience (and, where appropriate, of inspection and supporting documentation) sufficient to satisfy ourselves that we can properly make each of the above representations to you and that to the best of our knowledge and belief they accurately reflect the representations made to you by the trustees during the course of your independent examination.
Yours faithfully
Frank Price
Frank Price (Oct 27, 2022 11:08 GMT+1)
Frank Price - Trustee
Oct 27, 2022
Date
Signed on behalf of the board of trustees
Christian Life Church CIO - Charity Accounts 2021
Final Audit Report
2022-10-31
Created: 2022-10-26 By: Megan Symonds (megan@dtbc.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAzxE_TpXVgBn_bk_8XvRBMo5s85Ixoc7-
"Christian Life Church CIO - Charity Accounts 2021" History
Document created by Megan Symonds (megan@dtbc.co.uk)
2022-10-26 - 3:50:37 PM GMT- IP address: 51.155.102.34
Document emailed to f.price@btinternet.com for signature
2022-10-26 - 3:51:45 PM GMT
Email sent to f.price@btinternet.com bounced and could not be delivered
2022-10-26 - 3:51:59 PM GMT
Megan Symonds (megan@dtbc.co.uk) added alternate signer f.price34@btinternet.com. The original signer f.price@btinternet.com can still sign.
2022-10-26 - 8:27:14 PM GMT- IP address: 90.240.17.98
Document emailed to f.price34@btinternet.com for signature
2022-10-26 - 8:27:14 PM GMT
Email sent to f.price@btinternet.com bounced and could not be delivered 2022-10-26 - 8:27:24 PM GMT
Email viewed by f.price34@btinternet.com
2022-10-27 - 10:07:42 AM GMT- IP address: 104.28.89.76
Signer f.price34@btinternet.com entered name at signing as Frank Price 2022-10-27 - 10:08:40 AM GMT- IP address: 86.187.165.58
Document e-signed by Frank Price (f.price34@btinternet.com)
Signature Date: 2022-10-27 - 10:08:42 AM GMT - Time Source: server- IP address: 86.187.165.58
Document emailed to Philip Rowberry (PHILIP.ROWBERRY@DTBC.CO.UK) for signature 2022-10-27 - 10:08:43 AM GMT
Email sent to Frank Price (f.price34@btinternet.com) bounced and could not be delivered 2022-10-27 - 10:08:54 AM GMT
Document e-signed by Philip Rowberry (PHILIP.ROWBERRY@DTBC.CO.UK) Signature Date: 2022-10-31 - 9:34:20 AM GMT - Time Source: server- IP address: 51.148.156.187
Agreement completed.
2022-10-31 - 9:34:20 AM GMT