Trustees’ Annual Report for the period
From 01/04/2022 Period start date To 31/03/23 Period end date
Charity name: Enfield Churches Debt Centre
Charity registration number: 1191279
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The Trust has been incorporated as a Charitable Incorporated Organisation (CIO) as Enfield Churches Debt Centre (ECDC). The purpose of the ECDC is a) The relief of poverty for persons in the London Borough of Enfield (LBE) through debt advice and support. b) The advancement of education of the public in all matters relating to the management of their personal finances in the LBE. c) The advancement of the Christian Faith in the LBE through care, compassion and relevant practical and spiritual help. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
In this financial period ECDC gained links with Churches to partner with the charity and to make a financial commitment to support the charity for the public benefit |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have had regard for the guidance issued by the Charity Commission in relation to public benefit. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference N/A Para 1.38 Policy on grant making
| Policy on social investment including program related investment |
Para 1.38 | N/A |
|---|---|---|
| Contribution made by volunteers |
Para 1.38 | Befrienders assist the Debt Manager when dealing with clients. |
| Other | ||
| Achievements and Performance | ||
| SORP reference | ||
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | A Debt Centre Coach and a Treasurer have been appointed since the resignation of the Debt manager on 31/03/23. ECDC is now partnering with Enfield Vineyard Church (EVC) to deal with Clients introduced to the Debt Coach via the CAP Head office website. The appointed Debt Coach is being supported by the EVC Manager to gain accreditation l with CAP clients. The Debt Coach contacts the clients to arrange meetings to go through their financial position and help them to build a budget to deal with their debt and eventually become debt free. This process may involve the activation of a Debt Relief Order in particular cases. The Debt Coach is assisted by appointed volunteer Befrienders who deal with specific clients to help continuity and encourage the client through each stage of the process. The CIO is overseen by eight Trustees who hold regular meetings. These meetings include the review of finances and assess the progress of the Manager and Debt Coach in their success in dealing with clients through each stage of the debt free process. In addition, CAP (Christians Against Poverty) Money courses of three weekly sessions are periodically run and are available for Debt Centre clients and other persons who register to be Delegates via the CAP website. Since the Debt Coach was appointed, 17 clients have applied. One has completed the course, many of the others are in the stages of completing the process. This work can take some time and requires patience and endurance. The Trustees are happy with the progress to date. A periodic newsletter is produced for distribution to |
| ~~interested parties~~ |
Achievements and Performance
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set Para 1.41 The Trustees are happy that the objectives of recruitment of a Debt Centre Coach and appointment of a Treasurer, Befrienders and additional Trustees have been met. Performance of fundraising activities against objectives set Para 1.41 No specific objectives were set as such but mainly to increase the reach of the Charity to other Enfield Churches and consequently their financial support. This is an ongoing objective. Investment performance against objectives Para 1.41 N/A Other |
|
|---|---|
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | At the end of the financial period the Charity had £35,833.29 in funds |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | A reserve is held to cover the costs of the Charity for a period of 12 months after closure in accordance with the agreement with CAP and to allow for notice to be paid to Debt Centre workers |
| Amount of reserves held | Para 1.22 | £15,000 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | There are no uncertainties regarding the Charity continuing as a going concern. |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | The Charity’s main source of funds are from partner Churches who commit to regular giving to support the aims of the ECDC, and from grants to enable the Charity to continue and expand its activities. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | N/A |
| A description of the principal risks facing the charity |
Para 1.46 | The principal risks to the ECDC are lack of funding from local Churches and a lack of volunteers and employees to carry out the work of the Charity. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 |
The Constitution of the Trust |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | The Trustees are appointed having regard to the skills, knowledge and experience required for the successful running of the ECDC. Trustees are appointed by resolution at a Trustees meeting and hold a term of a minimum of three years with the exception of the first appointments, some of which were for one year and two years to ensure the terms of service of all Trustees did not expire together. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | ECDC is partnering with Enfield Vineyard Church (EVC) and Christians Against Poverty (CAP UK) |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Enfield Churches Debt Centre |
|---|---|
| Other name the charity uses | ECDC |
| Registered charity number | 1191279 |
| Charity’s principal address 47 London Road Enfield EN2 6DS |
|
|---|---|
Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|
|---|---|---|---|---|
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Nick Chanda | Chair | ||
| Katharine Bleasdale-Barr |
Secretary | |||
| Hayley Harding |
||||
| Peter Dufton | ||||
| Peter Desmond |
Treasurer | Appointed 31 March 2023 |
||
| Robert Bell | ||||
| Kumar Rajagopalan |
||||
| Brian Robson | Appointed 26 February 2023 |
|||
| Resigned Trustees |
||||
Corporate trustees – names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional ~~information)~~
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) K. Bleasdale-Barr P. Desmond
Full name(s) Katherine Bleasdale-Barr Peter Desmond
Position (eg Secretary Treasurer Secretary, Chair, etc)
Date 27 January 2024
| Charity Name | Charity Name | Charity Name | Charity Name | Charity Name | No(if any) | No(if any) | CC16a | ||
|---|---|---|---|---|---|---|---|---|---|
| ECDC | 1191279 | ||||||||
| Receipts andpayments accounts | |||||||||
| For the period from |
Period start date | To | Period end date | ||||||
| 4/1/22 | 3/31/23 | ||||||||
| Section A Receipts and payments | |||||||||
| Unrestricted funds |
Restricted funds | Endowment funds |
Total funds | Last year | |||||
| to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | |||||
| A1 Receipts | |||||||||
| Churches | 16,733 | - | - | 16,733 | 12,893 | ||||
| Individuals | 2,274 | - | - | 2,274 | 2,515 | ||||
| One off | 908 | - | - | 908 | 3,000 | ||||
| Gift Aid | 868 | - | - | 868 | 1,625 | ||||
| Grant | 6,000 | - | - | 6,000 | 10,000 | ||||
| Misc | 75 | - | - | 75 | 3,246 | ||||
| Interest | 28 | - | - | 28 | 4 | ||||
| - 0 | - | - | - | - | |||||
| Sub total_(Gross income for AR) _ | 26,886 |
- | - | 26,886 | 33,283 | ||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - 0 | - 0 | - 0 | - | ||||||
| - 0 | - 0 | - 0 | - | - 0 | |||||
| Sub total | - 0 |
- 0 | - 0 | - | - 0 | ||||
| **Total receipts ** | 26,886 |
- 0 | - 0 | 26,886 | 33,283 | ||||
| A3 Payments | |||||||||
| CAP UK | 6,690 | - | - | 6,690 | 6,600 | ||||
| Salaries | 11,688 | - | - | 11,688 | 10,895 | ||||
| PAYE | 325 | - | - | 325 | - | ||||
| Pension cons | 1,747 | - | - | 1,747 | 1,456 | ||||
| Insurance | 363 | - | - | 363 | 360 | ||||
| Mobiles & computer | 504 | - | - | 504 | 1,078 | ||||
| Travel & subsistence | 223 | - | - | 223 | 129 | ||||
| Sundries | 364 | - | - | 364 | 80 | ||||
| Rent | 100 | 100 | 50 | ||||||
| Professional fee | - 0 | - | - | - | 72 | ||||
| Transfer | 7,000 | - | - | 7,000 | - | ||||
| **Sub total ** | 29,004 |
- | - | 29,004 | 20,720 | ||||
| A4 Asset and investment purchases,(see table) |
|||||||||
| - 0 | - 0 | - 0 | - | ||||||
| - 0 | - 0 | - 0 | - | ||||||
| **Sub total ** | - 0 |
- 0 | - 0 | - | - 0 | ||||
| **Totalpayments ** | 29,004 |
- 0 | - 0 | 29,004 | 20,720 | ||||
| **Net of receipts/(payments) ** | - 2,118 |
- | - | - 2,118 |
12,563 | ||||
| A5 Transfers between funds | 7,000 | 7,000 | - | ||||||
| A6 Cash funds last year end | 31,153 | - | - | 31,153 | 18,590 | ||||
| **Cash funds thisyear end ** | 36,035 |
- | - | 36,035 | 31,153 | ||||
| Section B Statement of assets and liabilities at the end of the period | |||||||||
| Categories | Details | Unrestricted funds |
Restricted funds | Endowment funds | |||||
| to nearest £ | to nearest £ | to nearest £ | |||||||
| B1 Cash funds | Current a/c | 12,504 | - | - | |||||
| Savings a/c | 23,531 | - | - | ||||||
| - | - | - | |||||||
| Total cash funds | 36,035 | - | - |
| - 0 | - 0 | - 0 | - | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - 0 | - 0 | - 0 | - | |||||||||||||||
| **Sub total ** | - 0 | - 0 | - 0 | - | - 0 | |||||||||||||
| **Totalpayments ** | 29,004 | - 0 | - 0 | 29,004 | 20,720 | |||||||||||||
| **Net of receipts/(payments) ** | - | 2,118 | - | - | - | 2,118 | 12,563 | |||||||||||
| A5 Transfers between funds | 7,000 | 7,000 | - | |||||||||||||||
| A6 Cash funds last year end | 31,153 | - | - | 31,153 | 18,590 | |||||||||||||
| **Cash funds thisyear end ** | 36,035 | - | - | 36,035 | 31,153 | |||||||||||||
| Section B Statement of assets and liabilities at the | end of the period | |||||||||||||||||
| Unrestricted | Restricted funds | Endowment funds | ||||||||||||||||
| Categories | Details | funds | ||||||||||||||||
| to nearest £ | to nearest £ | to nearest £ | ||||||||||||||||
| B1 Cash funds | Current a/c | 12,504 | - | - | ||||||||||||||
| Savings a/c | 23,531 | - | - | |||||||||||||||
| - | - | - | ||||||||||||||||
| Total cash funds | 36,035 | - | - |
CCXX R accounts (SS)1
02/11/2023
1
| (agree balances with receipts and payments account(s)) |
(agree balances with receipts and payments account(s)) |
(agree balances with receipts and payments account(s)) |
OK | OK | OK | OK | OK | ||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted funds |
Restricted funds | Endowment funds | |||||||
| Details | to nearest £ | to nearest £ | to nearest £ | ||||||
| B2 Other monetary assets | - | - | - | ||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||
| B3 Investment assets | - | - | |||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||
| B4 Assets retained for the charity’s own use |
- | - | |||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Details | Fund to which liability relates |
Amount due (optional) |
When due (optional) | ||||||
| B5 Liabilities | PAYE | 56 | |||||||
| Pensions | 146 | ||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name | Date of approval | ||||||
| K. Bleasdale-Barr | KATHERINE BLEASDALE-BARR | 27 January 2024 | |||||||
| P. Desmond | PETER DESMOND | 27 January 2024 | |||||||
CCXX R2 accounts (SS)
02/11/2023
2
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the Enfield Churches Debt Centre trustees/directors/ members of On accounts for the year 31 March 2023 ended
Set out on pages
Charity no.: 1191279 Company no.: (remember to include the page numbers of additional sheets)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31/03/2023 .
Responsibilities and As the charity’s trustees of the Company (who are also the directors of the basis of report company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention which gives me cause to believe that:
• accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
- the accounts do not accord with such records; or
• the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS102).
October 2018
1
IER
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.
Signed: Date: 31 January 2024 Name: Pascale KINGNE Relevant professional ACCA (Association of Chartered Certified Accountants) fully qualified qualification(s) or body (if any): Address: Flat 20, Lee Court, Lee High Road London, SE13 5PE Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
October 2018
2
IER