| Page | |
|---|---|
| Report ofthe Trustees | 1 to 5 |
| Independent Examiner's Report |
|
| Report Statement of Financial Activities | |
| Balance Sheet | |
| Notes to the Financial Statements | 9to 13 |
| Detailed Statement of Financial Activities | 14&15 |
| Table of Non-Investment Assets |
| The hampers for every child As a result, 60 families from |
The hampers for every child As a result, 60 families from |
The hampers for every child As a result, 60 families from |
and every adult had a new gift the hub and an additional 30 |
and every adult had a new gift the hub and an additional 30 |
they could give to someone else as families at Friday Hill were supplied |
they could give to someone else as families at Friday Hill were supplied |
they could give to someone else as families at Friday Hill were supplied |
they could give to someone else as families at Friday Hill were supplied |
they could give to someone else as families at Friday Hill were supplied |
a present. with a very |
a present. with a very |
a present. with a very |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| large Christmas |
hamper. | The Hub management team |
would | like | to thank the following |
charities, | |||||||
| organisations and |
business for their support since the opening either financially or in kind. |
||||||||||||
| 0 anisation |
Financia | n Kind Or anisation |
Financia | In Kind | 0 anisation |
Financial | n Kin | ||||||
| LBWaltham Forest |
Bamab Ltd |
Le ton 6th Form | |||||||||||
| Ci Brid eTrust |
Providus Financial |
X | Hollands Care | ||||||||||
| Urbaser Ltd |
Samaritan's Purse |
X | Go Universal Ltd |
||||||||||
| Yusuf LLP | Dendale Construction |
Lotte Covid Fund |
X | ||||||||||
| Hi hams Park CIC | Stow Residential | Red LoR LLP | X | ||||||||||
| 3Dimension Insulation Ltd |
X | Crowdfunder UK |
|||||||||||
| West Essex Football Club | X | All Churches Trust |
X | ||||||||||
| Hi hams Park Ba tist Church | X | Lotus Health Ltd |
|||||||||||
| Le ton Orient FC | X Eas Fundraisin |
Amazon Euro e |
|||||||||||
| Arnold Clark Autos | The Bi Give |
X | Fre Bentos |
||||||||||
| Hovis | X Tesco Stores |
Morrisons | |||||||||||
| hin fordCricketClub |
X Handsworth Prima |
Hi hamsPkSchool | |||||||||||
| Jon's appointment was not the only change to the church's staffing structure. Peter Rogers was appointed to a new role of Community Development Manager. His previous role as Administrator was filled by Claire Godden who took up the role in July 2021.Claire's hours were increased in the Autumn as she took on the |
|||||||||||||
| day-to-day financial |
responsibilities from Mick Holloway, |
the Treasurer. | The final appointment | was | that of | ||||||||
| Anita Mottley as Pastoral Assistant, supporting the Vicar. |
Anita reports to | Revd Malcolm Porter | whilst Jon, | ||||||||||
| Claire and Chris Joy, the church's caretaker, report to Peter, who in turn |
reports to Malcolm. |
| follow-up to a conc | follow-up to a conc | ern rais | ed in 2020. |
|||||
|---|---|---|---|---|---|---|---|---|
| Risk Assessment | ||||||||
| The PCC is responsible for carrying out the assessment of Reputational, |
Organisational, | Financial and | ||||||
| Legal risks prior | to engaging in any proposed activity. |
|||||||
| Risk | Miti ation | |||||||
| Reputational | ~ | Provide | appropriate safeguarding training to relevant |
staff and volunteers | ||||
| ~ | Ensure | Health and Safety procedures are followed |
||||||
| ~ | Ensure | ublici material is checked for accurac and |
ke t u -to-date | |||||
| Organisational | ~ | Succession planning and cover arrangements |
for key | roles | ||||
| ~ | Ensure | 'ob and volunteer task descri tions are |
clear and re ularl |
reviewed | ||||
| Financial | ~ | Ensure | sufficient funding is raised to cover committed |
project costs | ||||
| ~ | Ensure | best practice financial procedures are |
followed with respect |
to expenditure | ||||
| authorization and the handlin ofcash |
||||||||
| Legal | ~ | Ensure | compliance with all relevant legislation |
with regard to public | buildings, | Health | ||
| and Safe and Em lo ment |
| Unrestricted | Restricted | 2021 Total | 2020 Total | |||
|---|---|---|---|---|---|---|
| Note | funds f |
-funds | funds E |
funds F |
||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations Le acies |
40,870 500 |
24,453 | 65,323 500 |
47,972 154,912 |
||
| 41,370 | 24,453 | 65,823 | 202,684 | |||
| Investment income |
71 | 20 | 91 | 137 | ||
| Charitable activities |
||||||
| Church Activities | 4,666 | - | 4,666 | 28,143 | ||
| Other trading activities |
18,271 | 18,271 | 15,416 | |||
| Grant Income | 1 604 | 18550 | 20,154 | 43,650 | ||
| Total | 65,882 | 43,023 | 109,005 | 290,230 | ||
| EXPENDITURE ON | ||||||
| Depreciation ofassets |
1,075 | 1,220 | 2,295 | 309 | ||
| Raising funds | 22,051 | 22,051 | 23,402 | |||
| Charitable activities |
||||||
| Church Activities | 85,647 | 27,062 | 112,708 | 93,122 | ||
| Total | 108,773 | 28,282 | 137,055 | 116,833 | ||
| NET (EXPENDITURE)/INCOME | (42,791) | 14,741 | (28,050) | 173,397 | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brou ht forward |
181,541 | 50,684 | 232,225 | 58,828 | ||
| TOTAL FUNDS CARRIED FORWARD | 138,750 | 65420 | 204 175 | 232,225 |
| Unrestricted | Restricted | 2021 Total | 2020 Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Note | fundsf | funds | funds | funds | |||||
| FIXEDASSETS | |||||||||
| Investments | 137,981 | 6,726 | 144,707 | 31,425 | |||||
| Other fixed assets | 1,532 | 7,263 | 8795 | 6,267 | |||||
| Total | 139,513 | 13,989 | 153,502 | 37,692 | |||||
| CURRENT ASSETS | |||||||||
| Debtors | 8,289 | 6,410 | 14,699 | 29,434 | |||||
| Cash at bank and | in | hand | 47,916 | 47,916 | 21,285 | ||||
| Held in CCLA Holdin | Account | 154,912 | |||||||
| Total | 8,289 | 54,326 | 62,615 | ' 205,631 | |||||
| CREDITORS | |||||||||
| Amounts fallin |
due within one | ear | 10 | 9,052 | 2,890 | 11942 | 11,098 | ||
| NET CURRENT | ASSETS | -763 | 51,436 | 50,673 | 194,533 | ||||
| TOTAL ASSETS LIABILITIES |
LESSCURRENT | 138,750 | 65,425 | 204,175 | 232,225 | ||||
| NET ASSETS | 138,750 | . 65,425 | 204,175 | 232,225 | |||||
| FUNDS | |||||||||
| Unrestricted funds |
138,750 | 138,750 | 181,541 | ||||||
| Restricted funds | 65,425 | 65425 | 50,684 | ||||||
| TOTAL FUNDS | 138750 | 65,425 | 204175 | 232,225 |
| 1.ACCOUNTING POLICIES —continued |
1.ACCOUNTING POLICIES —continued |
1.ACCOUNTING POLICIES —continued |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed assets and depreciation | |||||||||||||||
| Consecrated and beneficed property |
is excluded | from the | accounts by s.10(2)(a)ofthe Charities |
Act 2011. | |||||||||||
| Movable church furnishings held by the Vicar and |
Church | wardens | on special | trust | forthe PCC and which | ||||||||||
| require a faculty fordisposal are accounted | foras inalienable | property unless consecrated. They are listed |
|||||||||||||
| in the Church's Inventory which can be |
inspected | at | any | reasonable | time. For inalienable | property | |||||||||
| acquired prior to 2001 there is insufficient cost information |
available | and | therefore such |
assets are | |||||||||||
| not valued in the accounts. Items |
acquired | since | 1 January 2001 have |
been capitalised and |
|||||||||||
| depreciated in the accounts over their anticipated |
useful | economic life as described in the following |
|||||||||||||
| table. Investment assets are included at |
market value. | ||||||||||||||
| Asset | Date ofAcquisition | ost | ofAcquisition | Annual Depreciation Duration |
|||||||||||
| xpenditure on consecrated or |
Any | time | |||||||||||||
| eneficed buildin s |
|||||||||||||||
| Repairs to moveable church urnishin s |
Prior to 1"Jan 2001 | n/a | Written off | ||||||||||||
| Inalienable property |
Post | 31"Dec2000 | &61000 &61000 |
20% | 5 | ears | |||||||||
| ther fixtures, fittings and office quipment |
Any | time | &L500 &8500 |
25% Written |
4 years off |
||||||||||
| Freehold Buildings The PCC acts |
|||||||||||||||
| s Managing Trustee snd the Chelmsford Diocesan Board of |
An | time | No limit | 2% | 50years | ||||||||||
| inance acts as Custodian Trustee |
|||||||||||||||
| Buildin and ardenmaintenance* |
An | time | No limit | Written | off | ||||||||||
| *The premises have a value in use" which | is assumed | to be | zero | to cover operating costs | |||||||||||
| 2. DONATIONS AND LEGACIES |
2021 | 2020f | |||||||||||||
| Planned giving |
31,679 | 33,797 | |||||||||||||
| Collections | 2,182 | 960 | |||||||||||||
| Legacies | 500 | 154,912 | |||||||||||||
| Church donations | 832 | 5,879 | |||||||||||||
| Income tax recovered includin GASDS |
6 177 | 7336 | |||||||||||||
| Total | 41,370 | 202,884 | |||||||||||||
| The total amount ofvoluntary income given by |
Parochial | 2021 | 2020 | ||||||||||||
| Church Council members, their close family members |
and | Unrestricted | Restricted Total |
Total | |||||||||||
| associates through standing orders |
and planned | giving | 6 | F | |||||||||||
| including income tax recoverable is |
20,045 | 1,444 21,489 |
25,633 | ||||||||||||
| 3. OTHER TRADING ACTIVITIES |
2021 | 2020 | |||||||||||||
| 6 | |||||||||||||||
| Activities for generating funds |
18,271 | 15,416 | |||||||||||||
| 4. INVESTMENT INCOME |
2021 6 |
2020f | |||||||||||||
| Bank and CBFdeposit account interest | 91 | 137 |
| .Net movement in f |
unds, included in the a |
bove is as follows: | ||
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| Unrestricted funds |
resources f |
expended f |
in funds | |
| General fund Farr Legacy Fund Joy Farrow Legacy |
64,530 11 59 |
(68,707) (120) 38,564 |
(4,177) (109) 38505 |
|
| Total Unrestricted | funds | 54,800 | (107,391) | (42,791) |
| Restricted funds | ||||
| Charitable Giving Organ Fund |
2,802 4 |
(2,802) | 4 | |
| Flower Fund Food Hub Chair fund |
0 44,535 1 |
(108) (29,691) |
(108) 14,844 1 |
|
| Total Restricted funds | 47,342 | 32,501) | 14,741 | |
| TOTAL FUNDS | 111,942 | (139,992) | (28,050) |
| 3. FIXEDASSETS —DE | TAILED | |||
|---|---|---|---|---|
| Freehold | Inalienable | Fixtures | ||
| Buildings | property | 8 Fittings | Total | |
| COST | ||||
| As at 1 January 2021 | 2,500 | 800 | 20,796 | 24,096 |
| Additions | 6,430 | 6,430 | ||
| At 31 December 2021 | 2500 | 800 | 27,226 | 30,526 |
| DEPRECIATION | ||||
| As at 1 January 2021 | 2,500 | 800 | 14,528 | 17,828 |
| Charge for the Year | 3,903 | ~3903 | ||
| At 31 December 2021 | 2 500 | 800 | 18431 | 21 731 |
| NET BOOK VALUE | ||||
| At 31 December 2021 | 8,795 | 8,795 | ||
| At 31 December 2020 | 6,268 | 6,268 |
| FOR T | FOR T | FOR T | H | E YEA | R | ENDED | 31 DECEMB | ER 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| INCOINE AND ENDOWMENTS | 2021 | 2020 | ||||||||
| Donations and legacies |
6 | 6 | ||||||||
| Planned giving |
31,679 | 33,797 | ||||||||
| Collections | 2,182 | 960 | ||||||||
| Legacies | 500 | 154,912 | ||||||||
| Donations | 832 | 5,879 | ||||||||
| Income tax recovered includin |
GASDS | 6177 | 7,336 | |||||||
| Total Donations and legacies |
41,370 | 202,884 | ||||||||
| Other trading activities | ||||||||||
| Activities for generating | funds | 18,271 | 15,416 | |||||||
| Investment and other income |
||||||||||
| Bank and CBFdeposit account | interest | 75 | 137 | |||||||
| Charitable activities |
||||||||||
| Parochial fees | 774 | 45 | ||||||||
| Church activities |
90 | 197 | ||||||||
| HMRC Furlou h Grant |
1 604 | 819* | ||||||||
| Individual | Donations | 17,185 | 18,535 | |||||||
| Hub Caf6 | Donations | 496 | ||||||||
| Food Hub Income tax recovered Business donations |
161 5,007 |
2,308 6,200 |
||||||||
| Interest received | 16 | |||||||||
| Grant | Income | 20 154 | 33,650 | |||||||
| Total Income for Food | Hub | 43,019 | 60,693 | |||||||
| Charity fundraising | 2,802 | 497 | ||||||||
| Sponsorship for mission |
activity | 1,000 | 10,361 | |||||||
| Total Charitable activities |
46,821 | 71,793 | ||||||||
| Total incoming resources | 109,005 | 290,230 | ||||||||
| EXPENDITURE | ||||||||||
| Raising Income | ||||||||||
| Wages | 16,958 | 17,447 | ||||||||
| Fundraising Admin Costs |
752 | |||||||||
| Hall operating costs |
4,082 | 3,080 | ||||||||
| Food Hub Restricted Fundraisin |
costs | 259 | 2,875 | |||||||
| Total on Raising Income | 22,051 | 23,402 | ||||||||
| Charitable activities |
||||||||||
| Diocesan parish share | 29,343 | 29,460 | ||||||||
| Parochial Fees | 517 | |||||||||
| Church operating costs |
7,298 | 10,468 | ||||||||
| Clergy expenses | 510 | 1,175 | ||||||||
| Upkeep ofservices | 1,018 | 3,205 | ||||||||
| Upkeep of churchyard | 2,445 | 2,197 | ||||||||
| Charitable activities |
17,336 | 110 | ||||||||
| Total Charitable Activities expenditure |
58,467 | 46,615 | ||||||||
| Royal British Legion | 73 | |||||||||
| Support for | AW's South American | Project | 56 | |||||||
| Nicodemus | Trust grant | 10,000 | ||||||||
| Children's | Society | 2,429 | 441 | |||||||
| Christian | Aid | 300 | ||||||||
| Total Charitable Givin |
2,802 | 10,497 | ||||||||
| Charitable Ex enditure |
carried | forward | 61,269 | 57,112 | ||||||
| This page does not form | part ofthe | statutory | financial statements | Page 14 |
| Charitable | Ex | enditure | enditure | carried forward | carried forward | carried forward | 61,269 | 57,112 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Archdeacon's | charity | 1,506 | 1,617 | |||||||||
| Forest Churches | Winter Shelter | 1,506 | ||||||||||
| Mission Tithe | Christian Children's |
Aid Society |
1,506 1,506 |
1,617 | ||||||||
| Nicodemus | Trust | 1,617 | ||||||||||
| Africa inland | Mission | Ruth | 1,616 | |||||||||
| Total Mission Tithe | 6,024 | 6,467 | ||||||||||
| Staff costs | 1,900 | |||||||||||
| Volunteer | Training | 795 | ||||||||||
| Composting | 504 | |||||||||||
| Food and | toiletries | 16,555 | 11,900 | |||||||||
| Sanitiser | & | PPE | 267 | 416 | ||||||||
| Deliveries | 1,547 | 546 | ||||||||||
| Highams Park Food |
Hub | Catering | 2,193 | |||||||||
| Waste Disposal | 320 | 356 | ||||||||||
| Equipment | and containers | 1,824 | 1,303 | |||||||||
| Equipment | depreciation | 1,220 | 1,220 | |||||||||
| Stationery, | phones etc | 790 | 677 | |||||||||
| Utilities | 2,043 | |||||||||||
| Hub Caf8 | 519 | |||||||||||
| Total Hi hams | Park | Food | Hub | 28,284 | 18,611 | |||||||
| Total Charitable | Activities | Expenditure | 95,577 | 82,190 | ||||||||
| Support costs | ||||||||||||
| Management | ||||||||||||
| Wages | 13,851 | 6,070 | ||||||||||
| Administration | 923 | 2,459 | ||||||||||
| Equipment, | furniture | and | fittings | 121 | 1,075 | |||||||
| De reciation | 1,075 | 309 | ||||||||||
| Total Management | 15,970 | 9,913 | ||||||||||
| Finance | ||||||||||||
| Bank charges | 207 | 128 | ||||||||||
| Governance | costs | |||||||||||
| Independent | Examination | 3,250 | 1,200 | |||||||||
| Total resources | ex | ended | 137,055 | 116,833 | ||||||||
| Net Deficit | /Income | 28,050) | 173,397 |
| AcquisiTion | AcquisiTion | Book | Value | |||||
|---|---|---|---|---|---|---|---|---|
| Year | Cost | 2021 f |
2020 | |||||
| Church Hall |
1935 | 2,500.00 | 100 | |||||
| Selwyn Lounge, Office, Toilets and Vestry | 1960s | ? | 100 | |||||
| Inalienable property |
||||||||
| Pipe Organ (from original | parish church post WWII) | Pre 1912 | 100 | |||||
| Choir stalls | 1895 | 100 | ||||||
| Lectern (from original | parish church post WWII) | 1912 | 100 | |||||
| Bishop's Chairs (from | original parish church post |
1912 | 100 | |||||
| WWII) | ||||||||
| Church Pews (5) | 1895 | ? | 100 | |||||
| Font | 1947 | ? | 100 | |||||
| Church Plate (from original | parish church post WWII) | 1912 | ? | 100 | ||||
| Congregational Chairs |
(130) | 2015 | 800.00* | 100 | ||||
| Other fixtures, fittings and | office equipment | |||||||
| Food Hub Storage Container | and racking | 2020 | 4879.80 | 50 | 2439.90 | 3,659.85 | ||
| Second Food Hub Storage Container | 2021 | 3000.00 | 25 | 2250.00 | ||||
| 2Garden shed | 2014 | donated | n/a | |||||
| Electric Organ | 1978 | 5500.00 | 100 | |||||
| Grand Piano | ? | donated | n/a | |||||
| Music Equipment | 2015 | 800.00 | 100 | |||||
| Electric drum kit |
2016 | 417.00 | 100 | |||||
| Foldback speaker | 2016 | 279.00 | 100 | |||||
| Guitar Amplifier (Marshall |
RS50) | 2018 | 249.00 | 100 | ||||
| Vestry Table (from original | parish church post WWII) | 1932 | ? | 100 | ||||
| Hymn and Prayer Bookcase | 1947 | ? | 100 | |||||
| Office Desk | 2015 | donated | n/a | |||||
| Office Chair | 2017 | donated | n/a | |||||
| Hall Blinds | 2016 | 1056.00 | 100 | |||||
| Nursery Chairs (20) |
Pre 2013 | ? | 100 | |||||
| Nursery Chairs (10) |
2016 | 40.99 | 100 | |||||
| Hall Chairs (100) | 2013 | 502.57 | 100 | |||||
| Go-pac Table trolley | 2013 | 290.44 | 100 | |||||
| Go-Pac Tables (12) | Pre 2013 | ? | 100 | |||||
| Go-Pac Tables (12) | 2015 | 665.93 | 100 | |||||
| 900x900folding tables | (8) | 2016 | 221.84 | 100 | ||||
| Nursery Tables (10) |
Pre 2013 | ? | 100 | |||||
| Office Printer/Copier | 2019 | 101.00 | 100 | |||||
| Administrator's Laptop |
2017 | 561.99 | 100 | |||||
| Router booster | 2019 | 171.00 | 100 | |||||
| Hub Laptops | 2021 | 2188.42 | 75 | 1541.31 | ||||
| Hub Picnic tables and | benches | 2021 | 1242.07 | 75 | 931.55 | |||
| Worship Laptop |
2018 | 1236.00 | 100 | 309.00 | ||||
| Sound system | 2020 | 3064.50 | 50 | 1532.25 | 2,298.38 | |||
| Hall Oil Heaters | 2015 | 129.98 | 100 | |||||
| Gas Cooker | 2016 | 438.00 | 100 | |||||
| Hall Kitchen Fridge | 2016 | 71.79 | 100 | |||||
| Church Kitchen Fridge |
2016 | 118.94 | 100 | |||||
| Coffee Machine 2 |
2016 | donated | n/a | |||||
| Total remaining book-value Haulage cost an additional f539.99 |
8795.01 | 6,267.23 |