DocuSign Envelope ID: DA94CD1B-0B1B-4E9E-8CAF-F5A5093E7A67
REGISTERED CHARITY NUMBER: 119430
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD 16 JULY 2020 TO 31 AUGUST 2021
FOR
NORTH WEST GOSPEL PARTNERSHIP
Fairhurst Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB
DocuSign Envelope ID: DA94CD1B-0B1B-4E9E-8CAF-F5A5093E7A67
NORTH WEST GOSPEL PARTNERSHIP
CONTENTS OF THE FINANCIAL STATEMENTS for the Period 16 July 2020 to 31 August 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Statement of Financial Position | 6 | ||
| Notes to the Financial Statements | 7 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
DocuSign Envelope ID: DA94CD1B-0B1B-4E9E-8CAF-F5A5093E7A67
NORTH WEST GOSPEL PARTNERSHIP
REPORT OF THE TRUSTEES for the Period 16 July 2020 to 31 August 2021
The trustees present their report with the financial statements of the charity for the period 16 July 2020 to 31 August 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's objectives are for the public benefit being the promotion and advancement of religion in particular evangelical, protestant reformed, christian religion.
Significant activities
The charity was constituted on 16 July 2020 as a charitable incorporated organisation (CIO)
On the 29 July 2021, the funds totalling £257,246, were transferred from The North West Partnership Trust, registered charity 1190430, to North West Gospel Partnership
The main current activities include:
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Annual conference for Partnership Churches which is open to all who may wish to attend. This is designed to support and encourage those involved in Christian Leadership and to assist them in leading and building up the wider church family;
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A range of affordable bible training courses, including day and evening, held throughout the North West of England, which are designed to help church members including ministry trainees to better understand how to read and teach the bible. Events are subsidised and concessions can be made available if individuals are unable to afford the training; - Specific training courses to support evangelical churches around the North West of England including Youth, Music and Sound training courses. These are designed to support and encourage Christian fellowships across the North West and enable them to be more effective in their Christian ministry;
-
Provision of grants to assist individuals or churches with the costs of Ministry training;
-The employment of a Director of Training, to provide training services on the above courses and to support ministers and churches across the North West;
-Committees looking at areas such as church planting and finding ways to encourage new congregations in areas where there is no evangelical church or where additional congregations may further the Gospel of Christ;
- Publication of a magazine and an annual dinner or similar event designed to encourage evangelical Christians throughout the region;
Public benefit
The Trustees have had regard to the guidance issued by the Charity Commission on public benefit. As set out in our objectives, we exist for the benefit of individuals primarily in the North West of England through the promotion and advancement of the evangelical protestant reformed Christian religion. We seek to make our courses affordable and further concessions and grants are available to ensure the courses are accessible to all.
FINANCIAL REVIEW
Reserves policy
The charity seeks to maintain sufficient reserves to cover three months' salaries.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of constitution and constitutes a charitable incorporated organisation as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.
In selecting individuals for appointment as charity trustees, the charity trustees must have regard to skills, knowledge and experience needed for the effective administration of the CIO.
At all times there must be at least four trustees and there is no maximum.
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NORTH WEST GOSPEL PARTNERSHIP
REPORT OF THE TRUSTEES for the Period 16 July 2020 to 31 August 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT Induction and training of new trustees
The charity trustees will make available to each new charity trustee, on or before his or her first appointment: - a copy of the current version of this constitution and
- a copy of the CIO's latest Trustees Annual report and statement of accounts.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
119430
Principal address
2 Blackburne Place Liverpool L8 7PE
Trustees
P G Baxendale G R Straker A P Kellard Ms S E Bradley P G H Wells Dr S J Srirangam
Independent Examiner
Gary Edgerton FCA Cert PFS Fairhurst Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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REPORT OF THE TRUSTEES for the Period 16 July 2020 to 31 August 2021
18 July 2023 | 15:31 BST Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................
A P Kellard - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NORTH WEST GOSPEL PARTNERSHIP
Independent examiner's report to the trustees of North West Gospel Partnership
I report to the charity trustees on my examination of the accounts of North West Gospel Partnership (the Trust) for the period 16 July 2020 to 31 August 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 - matters of concern identified
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination.
The records that have been made available to me, including a bank account and the PAYE scheme are in the name of North West Partnership Trust. On 29 July 2021 the North West Partnership Trust ( Charity number: 1190430) ceased to operate and all funds and operations were transferred to North West Gospel Partnership. Following discussions with the Trustees a new PAYE scheme has now been set up in the name of the North West Gospel Partnership and the bank account in the name of the North West Partnership Trust closed.
As the records made available to us were limited, we have not been able to obtain evidence to verify completeness of income. Apart from monies identified as received for ministry training, diplomas and Sound Holidays, all monies paid into the charity's bank account have been shown as donations in the Statement of Financial Activities.
Although Sound Holidays operates as part of North West Gospel Partnership, the project operates through a separate bank account and I have been unable to verify that this bank account belongs to North West Gospel Partnership.
I confirm that no other matters have come to my attention that give me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
Gary Edgerton FCA Cert PFS
Fairhurst Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB
Date: .............................................18 July 2023 | 15:38 BST
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NORTH WEST GOSPEL PARTNERSHIP
STATEMENT OF FINANCIAL ACTIVITIES for the Period 16 July 2020 to 31 August 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 244,627 Other trading activities 3 14,675 Total 259,302 EXPENDITURE ON Charitable activities Ministry Training 12,480 NET INCOME 246,822 TOTAL FUNDS CARRIED FORWARD 246,822 |
Restricted fund £ 19,958 - 19,958 - 19,958 19,958 |
Total funds £ 264,585 14,675 |
|---|---|---|
| 279,260 | ||
| 12,480 | ||
| 266,780 | ||
| 266,780 |
The notes form part of these financial statements
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NORTH WEST GOSPEL PARTNERSHIP
STATEMENT OF FINANCIAL POSITION 31 August 2021
| Unrestricted fund Notes £ CURRENT ASSETS Debtors 6 221,192 Cash at bank 28,630 249,822 CREDITORS Amounts falling due within one year 7 (3,000) NET CURRENT ASSETS 246,822 TOTAL ASSETS LESS CURRENT LIABILITIES 246,822 NET ASSETS 246,822 FUNDS 8 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ - 19,958 19,958 - 19,958 19,958 19,958 |
Total funds £ 221,192 48,588 269,780 (3,000) 266,780 266,780 266,780 246,822 19,958 266,780 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 18 July 2023 | 15:31 BST............................................. and were signed on its behalf by:
............................................. A P Kellard - Trustee
The notes form part of these financial statements
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NORTH WEST GOSPEL PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS for the Period 16 July 2020 to 31 August 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.
Donations are recognised upon receipt, unless the donor either requests that income be utilised in a future accounting period or the charity reaches a certain performance level. In such cases donation income is deferred until these conditions are met.
Ministry training and diploma income is recognised at the fair value of consideration receivable. Income is recognised during the period in which the training is delivered to the the delegate.
Sound Holidays income is recognised at the fair value of consideration receivable. Income is recognised during the period in which the holiday camp takes place.
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.
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.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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NORTH WEST GOSPEL PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 16 July 2020 to 31 August 2021
2. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | |
|---|---|
| Donations Exceptional items |
£ 7,339 257,246 |
| 264,585 |
Exceptional items
On the 29 July 2021, The North West Partnership Trust transferred its operations to North West Gospel Partnership. This is a non taxable capital transfer, however as North West Gospel Partnership meets the definition of a Public Entity the Net assets received have been treated as a gift in the year. The assets and liabilities transferred at fair value are as follows;
Other debtors: £221,192 Bank balances: £37,476 Other creditors: £ 1,422.
Net Assets: £257,246
The Net Assets transfered related to both restricted and general funds, as follows:
3.
Tim Peters Restricted Fund £19,578 General Unrestricted Fund £237,668 Total Funds £257,246 OTHER TRADING ACTIVITIES
| Ministry Training Diplomas Sound Holidays |
£ 6,074 5,300 3,301 |
|---|---|
| 14,675 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31 August 2021.
Trustees' expenses
There were no trustees' expenses paid for the period ended 31 August 2021.
5. INDEPENDENT EXAMINERS REMUNERATION
| £ | |
|---|---|
| Independent examiners | 2,400 |
continued...
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NORTH WEST GOSPEL PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 16 July 2020 to 31 August 2021
6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |
|---|---|
| Other debtors CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors |
£ 221,192 |
| £ 3,000 |
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
8. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds The Tim Peters Training Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds The Tim Peters Training Fund TOTAL FUNDS |
Incoming resources £ 259,302 19,958 279,260 |
Net movement At in funds 31/8/21 £ £ 246,822 246,822 19,958 19,958 266,780 266,780 Resources Movement expended in funds £ £ (12,480) 246,822 - 19,958 (12,480) 266,780 |
At 31/8/21 £ 246,822 19,958 |
|---|---|---|---|
| 266,780 | |||
| 266,780 |
Unrestricted funds are available to spend on any of the purposes of the charity.
The Tim Peters Training Fund - a fund that exists to assist Christians in the North West of England with financial support to undertake training that will grow them spiritually,benefit the local church and enable them to be confident in sharing the good news of Jesus Christ in an increasingly indifferent culture.
continued...
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NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 16 July 2020 to 31 August 2021
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the period ended 31 August 2021.
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NORTH WEST GOSPEL PARTNERSHIP
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Period 16 July 2020 to 31 August 2021
| INCOME AND ENDOWMENTS Donations and legacies Donations Exceptional items Other trading activities Ministry Training Diplomas Sound Holidays Total incoming resources EXPENDITURE Charitable activities Sound Holidays Ministry training Sundries Support costs Management Wages Pensions Other Other operating leases Rates and water Governance costs Independent Examiner Total resources expended Net income |
£ 7,339 257,246 |
|---|---|
| 264,585 6,074 5,300 3,301 |
|
| 14,675 | |
| 279,260 2,403 756 223 |
|
| 3,382 3,373 871 |
|
| 4,244 1,517 337 |
|
| 1,854 3,000 |
|
| 12,480 | |
| 266,780 |
This page does not form part of the statutory financial statements
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