## **Cambridge Campus Ministry Ltd**
## **Report and Financial Statements for the year ended 31 March 2021**
## **Period : 22 Dec 2020 to 31 March 2021**
- **1 Basic information regarding the charity**
- **1.1 Reference and administrative details of the charity, its trustees and advisers**
## **Charity name: Cambridge Campus Ministry Ltd**
- **Charity registration number: 1192905**
- **The company registration number: 11736600**
- **The official address:** 6 Carrick Close, Cambridge, Cambridgeshire, UK.
CB1 8RQ
- **The names of Trustees:**
Edward Wai Sun Kwong (Chair)
Kwok Choi NG (Treasurer)
Gershom Lee
Ping Shun David AU
## **1.2 Structure, governance and management**
The organisation is a Charitable Company limited by guarantee, incorporated on 20 December 2018 and registered as a Charitable Incorporated Organisation on 22 December 2020. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10.
6 Carrick Close, Cambridge, Cambridgeshire, UK CB1 8RQ
Page 1
## **Cambridge Campus Ministry Ltd**
The directors of the company are also charity trustees for the purposes of charity law. Under the requirements of the Memorandum and Articles of Association the members of the trustee are elected to serve for a period of three years after which they must be re-elected at the next Annual General Meeting. All member of the Management Committee gives their time voluntarily and received no benefits from the charity.
Currently, there are only two volunteer positions, pastoral leaders, are filled. They are responsible for running the charity on a daily basis. The board of trustee will sit annually, to make decisions on important matters.
## **2 Objective and activities**
## **2.1 Summary of the objects of the charity set out in its governing document**
TO ADVANCE CHRISTIANITY FOR THE BENEFIT OF THE PUBLIC, IN PARTICULAR BUT
NOT EXCLUSIVELY THROUGH THE HOLDING OF PRAYER MEETINGS, STUDY,
FELLOWSHIP MEETINGS AND LECTURES, AND PRODUCING AND/OR DISTRIBUTING LITERATURE ON CHRISTIANITY TO ENLIGHTEN OTHERS ABOUT CHRISTIANITY.
## **2.2 Annual Report**
Summary of key activities for the period
- Due to the Covid 19 pandemic and following the public health regulations all our activities had been gone online via live Zoom meetings reaching out to local attendees and oversea in China.
- Instead of physically meetings at our Campus Centre, the British Culture English Course has been on Zoom live meeting every Tuesday for two hours, 12 attendees.
- The “ Learning English Using The Bible “ English course has been on Zoom meeting every Thursday, average 8 attendees.
6 Carrick Close, Cambridge, Cambridgeshire, UK CB1 8RQ
Page 2
## **Cambridge Campus Ministry Ltd**
- The CHYSTA UK: Mentoring & Leadership One Year online Programme For Young Christian Leaders, 20-30 attendees
In Cambridge, our Cambridge campus ministry has an outstanding core ministry. Despite the pandemic lockdown we still have made significant progress spiritually and fellowship bondings among members in the year through various online meetings. We can see a good number of growth of attendees, including nonChristian seekers in meetings. There have been people came to know Jesus Christ during the courses on line.
We are grateful to our Lord Jesus Christ that stronger team momentum and individual spiritual life improvement can be seen among many of our volunteer team serving together in Christ.
For the years ahead we expect when the pandemic is over we can be back to normal having meetings and activities at the centre. And I am confident that the focus and commitment our volunteer team is bringing to the centre will see a return to form in the months and years ahead as CCML tries to do its bit to help new students and visiting scholars who face challenges and pressure when they settle living and studying in Cambridge.
The increasing attendance of outreach events and activities, are now driving significant growth on attendance after the lockdown eased.
With more attendees joining the ministry supported by the generally improving commitment and strong fellowship of volunteers, we have built some excellent springboards for future growth, and whilst there is still work to do, particularly establishing Anglian Ruskin University ARU campus ministry. I am delighted with our team performance in supporting the establishing of ministry where I expect further consolidation and fruitful growth this year and beyond.
6 Carrick Close, Cambridge, Cambridgeshire, UK CB1 8RQ
Page 3
## **Cambridge Campus Ministry Ltd**
## **3. Financial Review**
## **Review of the charity’s financial position at the end of the period 31 March 2021.**
The cash at bank was £70K in unrestricted funds. Donations are expected coming at steady level. The reserve are held to cover operation costs if losing of income and need to meet unexpected events.
## **4. Declaration**
## **Signed on behalf of the charity’s trustees**
## **The trustees declare that they have approved the trustees’ report above.**
**_________________________________ Kwok Choi Ng Trustee 20 December 2021**
6 Carrick Close, Cambridge, Cambridgeshire, UK CB1 8RQ
Page 4
|**Company No : 11736600**
**Charity No: 1192905**|**Company No : 11736600**
**Charity No: 1192905**|
|---|---|
|**Cambridge Campus Ministry Ltd**
**Income and Expenditure Account (22 Dec 2020 - 31 Mar 2021)**||
|||
|**Income**
**Note**
**£**
Donation
1
**20,929**
Donation-Outside UK
1
**19,398**
**Total Income**
**Expenditure**
**Building Costs**
Building - Fixture and Fitting
**Campus Expenses**
Office Expenses
2
**1,191**
Travel and Subsistance
**-**
Others
**-**
Activities and Events
**283**
Exchange loss
Sponsorship allowance
3
**8,800**
Misc
**1,154**
Barnabas Ministry
4
**2,350**
**Total Expense**|**£**
**40,328**|
||**40,328**|
||**-**
**13,778**|
||**13,778**|
|||
|**Income Over Expenses**|**26,550**|
|||
|**Company No : 11736600**
**Charity No: 1192905**||
|**Cambridge Campus Ministry Ltd**
**Balance Sheet as at 31 March 2021**||
|**Fixed Assets**
**Current Assets**
**Bank**
**Net Assets**
**Funded By**
**General Fund Opening**
**Surplus for the year**
**Account Payable**|**-**
**70,739**|
||**70,739**|
||**44,189**
**26,550**|
||**70,739**
**-**|
||**70,739**|
**Signed on behalf of the charity’s trustees The trustees declare that they have approved the financial statement above.**
**_________________________________**
**Kwok Choi Ng Treasurer**
**Date: 20/12/2021**
3
Cambridge Campus Ministry Ltd
1192905
**Notes to the accounts**
**Note 2 Accounts Aanlysis**
|Notes
1|**Income**|**2020/21**|
|---|---|---|
||**Donation**|**20,929**|
||**Donation - Oversea**|**19,398**|
||**Receipt Total**|**40,328**|
|2
3
4|**Expenses**|**2020/21**|
|---|---|---|
||**Office expenses**|**2,344**|
||**Sponsorship**|**8,800**|
||**Barnabas Ministry**|**2,633**|
||**Total**|**11,433**|
page 4
Cambridge Campus Ministry Ltd
Charity No. 1192905
**Notes to the accounts**
## **Note 1 Basis of preparation**
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial • and with* Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom • and with* and Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
1.2 there is no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern,
1.3 The accounts present a true and fair view and there is no change of accounting policy
1.4 There is no changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
1.5 There is no material prior year errors have been identified in the reporting period (3.47 FRS 102 SORP).
Page 5
Cambridge Campus Ministry Ltd
Charity No. 1192905
## **Section C Notes to the accounts**
## **Note 2 Accounting policies**
## **2.2 INCOME**
_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._
|**Recognition of income**
**Income from**
**membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations and
Legacies.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income
in the SoFA.
**Investment gains and**
**losses**
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
**Support costs**
The charity has incurred expenditure on support costs.
**Volunteer help**
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
**Donated services and**
**facilities**
Donated services and facilities are included in the SOFA when received at the value of the
gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in the
SOFA.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
g
g
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance sheet.
On its sale the value of stock is charged against 'Income from other trading activities' and
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
**Tax reclaims on**
**donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.
**Contractual income and**
**performance related**
**grants**
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
**Donated goods**
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when there has been
grant of probate, the executors have established that there are sufficient assets in the
estate and any conditions attached to the legacy are either within the control of the charity
or have been met.
**Government grants**
The charity has received government grants in the reporting period
· it is more likely than not that the trustees will receive the resources; and
• the monetary value can be measured with sufficient reliability.
**Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required
or permitted by the FRS 102 SORP or FRS 102.
**Grants and donations**
Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).
These are included in the Statement of Financial Activities (SoFA) when:
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## **2.3 EXPENDITURE AND LIABILITIES**
page 5
Cambridge Campus Ministry Ltd
Charity No. 1192905
**Liability recognition** 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. Support costs have been allocated between governance costs and other support. **Governance and** Governance costs comprise all costs involving public accountability of the charity and its **support costs** compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Where the charity gives a grant with conditions for its payment being a specific level of **Grants with** service or output to be provided, such grants are only recognised in the SoFA once the **performance conditions** recipient of the grant has provided the specified service or output. Where there are no conditions attaching to the grant that enables the donor charity to **Grants payable without** realistically avoid the commitment, a liability for the full funding obligation must be **performance conditions** recognised. **Redundancy cost** The charity made no redundancy payments during the reporting period. **Deferred income** No material item of deferred income has been included in the accounts. The charity has creditors which are measured at settlement amounts less any trade **Creditors** discounts A liability is measured on recognition at its historical cost and then subsequently **Provisions for liabilities** measured at the best estimate of the amount required to settle the obligation at the reporting date The charity accounts for basic financial instruments on initial recognition as per paragraph **Basic financial** 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, **instruments** FRS102 SORP. **2.4 ASSETS Tangible fixed assets** These are capitalised if they can be used for more than one year, and cost at least **for use by charity** They are valued at cost. The depreciation rates and methods used are disclosed in note 9.2. **Intangible fixed assets** The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5 They are valued at cost. **Heritage assets** The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. They are valued at cost. **Investments** Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments **Stocks and work in** Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net **progress** realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at **Debtors** settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. The charity has has investments which it holds for resale or pending their sale and cash and **Current asset** cash equivalents with a maturity date less than one year. These include cash on deposit and **investments** cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.
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**POLICIES ADOPTED ADDITIONAL TO OR Nil DIFFERENT FROM THOSE ABOVE**
page 5
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs report on the
accounts
Section A
Indepondent Examiner's Report
Report to the trustee81
membor• of
On accounts for the year
ended
31
2oz
Charlty no
(rf any)
1 1gzS05
Set out on pages
I report to the trustees on my examination of the accounts of the above
charity (Ihe Trusf) for the year ended
As the chaiitys trustees. you are responsible for the preparation of tne
accounts in accordance with the requirernents of the Charities Act 2011
("the ).
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the appliGable Directions given by the Charity Commission
under section 145(5)(b) of the Act.
Responslbllltles and
basls of report
Independent
examlnerfs statement
I have completed my examination. I confirm that rK> material matters have
come to my attention in connection with the examination (etliepth
dj0&ch gives me cause to believe that in, any material
respect:
the accounting records were not kept in accordance with section 130
of the Charities Act: or
the accounts did not accord with the accounting records; or
the accounts did 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 fairf view which is not a matter
considered as part of an independent examination.
I have no concems 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.
Please delete the words in the brackets rf they do not apply.
Date:
Slgned:
29J
Name:
Relevant professional
qualification(s) or body
Cey
(GARP
IER
Oct 2018
(If any):
Address:
ALVé
Sectioii B
Disclosure
Only complete if the examiner needs to highlight material matters of concem
(see CC32. Independent examination of charity accounts: directions and
guidance for examiners).
Give here brief details of
any Items that the
examlner wishes to
disclose.
IER
Oct 2018