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2022-12-31-accounts

ANNUAL REPORT

AND

STATEMENT OF ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2022

COURT FARM EVANGELICAL CHURCH

(CHARITABLE INCORPORATED ORGANISATION) CHARITY REGISTRATION NUMBER 1195129

Independent Examiners Ltd

Unit 2 The Broadbridge Business Centre

Delling Lane Bosham PO18 8NF

COURT FARM EVANGELICAL CHURCH

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

Page
Legal and Administrative Information 3
Trustees' Report 4 to 6
Independent Examiner's Report on the Accounts 7
Statement of Receipts and Payments 8
Statement of Assets and Liabilities 9
Notes to the Accounts 10 to 14

COURT FARM EVANGELICAL CHURCH

LEGAL AND ADMINISTRATIVE INFORMATION

CHARITY NUMBER

1195129

START OF FINANCIAL YEAR 01 July 2021 END OF FINANCIAL YEAR 31 December 2022 TRUSTEES AT 31 DECEMBER 2022 Barry Christopher Christina Rodgers Joseph Mashi

The existing trustees appoint any new trustees following the provisions laid out in the Charity's governing instrument.

GOVERNING INSTRUMENT

CIO - FOUNDATION Registered 12 Jul 2021

OBJECTS

To advance the Christian faith in accordance with the statement of beliefs appearing in the schedule hereto in Mottingham, South East London and in such other parts of the United Kingdom or the World and in such ways as the trustees may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the charity.

CORRESPONDENCE ADDRESS

198 Court Farm Road London SE9 4JS

PRIMARY BANKERS Natwest Bank plc Western Avenue Waterside Court Chatham Maritime Chatham Kent ME4 4RT INDEPENDENT EXAMINER Donna Leppitt Independent Examiners Ltd Unit 2 The Broadridge Business Centre Delling Lane Bosham PO18 8NF

3

COURT FARM EVANGELICAL CHURCH

TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2022

General

Court Farm Evangelical Church is an independent evangelical pentecostal church in Mottingham, S.E. London, founded in 1938 and was registered as a CIO on 12th July 2021. It is a registered charity in England and Wales, no. 1195129.

This report and accounts are for the 1st January 2022 to 31st December 2022.

The Principal Office address is 198 Court Farm Road, London, SE9 4JS.

Structure and Governance

The church is presently constituted as a CIO (Charitable Incorporated Organisation) by the 2021 Governing document, comprising the Constitution and the Statement of Beliefs.

Objectives

The main objectives of the charity are to advance the Christian Faith, in accordance with our Statement of Belief, in Mottingham, Southeast London and other such parts of the United Kingdom or the world and in such ways as the Trustees may, from time to time, think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the charity.

The trustees are appointed by existing trustees, according to our Constitution. Training is achieved with the help of Trust Advice.

Committee and Management

The Charity Trustees are: Mr Barry Christopher, Chairman Mr Joseph Mashi Miss Christina Rodgers

These are responsible for the governance of the church, subject to any general directions of the church members’ meeting.

The day-to-day management of the charity is in the hands of the 1 Elder and 3 Deacons, who meet once a week.

Public Benefit

The Trustees confirm that they have complied with the duty in Section 4 of the Charities Act 2011, to have due regard to the Charity Commission’s general guidance on public benefit.

Activities

During 2022, the church’s objectives were carried out through public activities which were open to all. These include:

Worship services held on Sunday mornings, with Bible teaching and Gospel messages and which included the Lord’s Supper.

Mid-week prayer meetings and quarterly half-nights of prayer.

Quarterly ‘bring-and-share’ lunches, open to all.

Sunday school classes for the children.

Special Baptismal services and Children Dedication services. Summer Kids’ Sports Camp. Weekly Youth meetings. Men’s Fellowship meetings.

Women’s Fellowship meetings. Quarterly hosting and financial support of Christian missions organisations, such as:

Barnabas Fund Christian Solidarity Worldwide New Foundations Messianic Testimony Raising the Standard

4

COURT FARM EVANGELICAL CHURCH

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2022

We contributed to an outreach organised by the Christian Union at Birmingham University. We have organised and hosted an area-wide meeting for the Christian Institute.

All those working with children and/or vulnerable adults are DBS checked.

Assets

The church owns its own building and manse, which are governed for the church by the Trustees. The manse has been let out to tenants, in lieu of pastoral occupancy, and the rent supplements the income of the church.

Necessary repairs to the church building mean that this year’s total payments were significantly higher than previous years. The entire building complex has been re-wired and re-lit, costing £34,896.

We have also recently undertaken a Building Condition Survey, and Asbestos Survey and a Fire Risk Assessment.

Finances

Our constitution authorises the Trustees to use all money raised to further its objects only. The church has no written reserves policy, but seeks to hold £30,000 in reserve and £12,000 in the current account, as an amount sufficient for 6 months’ running costs and emergency repairs.

The levels held are reported to the trustees on a weekly basis.

Risk Management

The trustees have examined the major operational risks which the charity faces and confirm that systems have been established to highlight and lessen these risks.

5

COURT FARM EVANGELICAL CHURCH

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2022

Report to the trustees/ members of Court Farm Evangelical Church on the accounts for the year ended 31st December 2022.

Respective responsibilities of trustees and examiner

The CIO's trustees are responsible for the preparation of the accounts. The CIO’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the CIO and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. · to prepare accounts which accord with the accounting records and comply with the accounting 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

have not been met; or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Donna Leppitt Independent Examiners Ltd Unit 2 The Broadridge Business Centre Delling Lane Bosham PO18 8NF Date: 31st October 2023

7

COURT FARM EVANGELICAL CHURCH STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

Notes
RECEIPTS
Donations & Legacies
3a
Investment Income
3b
Charitable Activities
3c
TOTAL RECEIPTS
Costs of Charitable Activities
4
TOTAL PAYMENTS
NET INCOMING/(OUTGOING) RESOURCES
Balances Brought Forward
BALANCES CARRIED FORWARD
TRANSFERS BETWEEN FUNDS
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:		 18 months
Unrestricted
Restricted
Total
Funds
Funds
31-Dec-22
£
£
£
48,248
-
48,248
54
-
54
13,375
-
13,375
61,677
-
61,677
83,543
-
83,543
83,543
-
83,543
(21,866)
-
(21,866)
94,592
-
94,592
72,726
-
72,726
-
-
-
72,726
-
72,726

All of the CIO's operations are classed as continuing operations.

The notes form part of these financial statements, found on pages 10 to 14

8

I

COURT FARM EVANGELICAL CHURCH

'

STATEMENT OF ASSETS AND LIABILIT ES FOR THE YEAR ENDED 31ST DECEMBER 2022

Ast Un retrite
Fund
£		 Retricte
Fund
£		 18mon
TOTAL
31-Do22
£
Tanglblersets 25,000 25,000
Cash Funds
Natwet
Brclays		 2,052
45,673		 2,052
45,673
47,726 47,726
Ne A
I		 72726 72726
Reprn by:
General Funds
Retrice Funds		 72,726 72,726
72726 72726
Liablllt'
Independent Examiner's Fe		 900 900
9 9

TRUSTE RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS

Charity Law requires the Trustees to prepare financial statements for each financial year which comply with the regulatiOJS set out in the Charities Act 2011. The Trustees have elected to take advantage of the provisions that apply to�mall charities and have prepared a Receipts and Payments Account and Statement of As ets and LiabDities which ar:e set out on pages:10 to 14

Approved by the Trustees on[�] !..[� ] •• �;J- 3 S�ned "j the;r behaf by Trus��.?.. ��

I

9

I

COURT FARM EVANGELICAL CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2022

1. BASIS OF ACCOUNTING

The accounts have been prepared under the “Receipts and Payments” basis as prescribed by the Charity Commissioners, and they meet the appropriate legal requirements.

The CIO meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.

Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the CIO's ability to continue as a going concern.

Fund Accounting

Funds held by the CIO are either:

  1. Unrestricted Funds - these are funds which can be used in accordance with the CIO's objectives, at the discretion of the trustees.

2. Designated funds

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Incoming Resources

All income is included in the accounts when actually received by the CIO.

Voluntary help provided by friends of the CIO is not included in a quantified way within the accounts.

Resources Expended

Resources expended are recognised when paid by the CIO.

This page does not form part of the statutory financial statements

10

COURT FARM EVANGELICAL CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2022

2. TANGIBLE FIXED ASSETS

Additions
Cost
At 1 January 2022
At 31 December 2022
Accumulated Depreciation
At 1 January 2022
Charge for the Year
At 31 December 2022
Net Book Value
At 31 December 2022
At 1 January 2022		 Property
2022
£
£
25,000
25,000
-
-
25,000
25,000
-
-
-
-
-
-
25,000
25,000
25,000
25,000

The annual commitments under non-cancelling operating leases and capital commitments are as follows:

31st December 2022 : None 31st December 2021 : None

The CIO purchased their building, Court Farm Evangelical Church Mottingham in December 1991 for £25000 which has been paid in full prior to the registration as a CIO on the 12th July 2021. The CIO are having the building revalued and any revaluation gain will be added to next year's accounts.

This page does not form part of the statutory financial statements

11

COURT FARM EVANGELICAL CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2022

3. RECEIPTS
Note
a) Donations & Legacies
Gifts, Tithes & Offerings
Gift Aid
Paypal Donations
b) Investment Income
Interest Received
c) Incoming from Charitable Activities
Lettings
Other income
Leg Club
Rent		 18 months
Unrestricted
Restricted
TOTAL
Funds
Funds
31-Dec-22
£
£
£
15,708
-
15,708
30,746
-
30,746
1,794
-
1,794
48,248
-
48,248
54
-
54
54
-
54
225
-
225
9,145
-
9,145
105
-
105
3,900
-
3,900
13,375
-
13,375

This page does not form part of the statutory financial statements

12

COURT FARM EVANGELICAL CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2022

4. PAYMENTS
Note
Costs of Charitable Activities
Speakers Expenses
Child's Trust
Sundry expenses
Property expenses:-
Cleaning costs
Utility Costs
Admin Expenses:-
Salary & NIC
Insurance
Repairs & Maintenance
Water Rates
Ministers Expenses:-
Salary & NIC
Telephone/Internet
Pastors Expenses
Work Place Pension
Governance costs:-
Independent Examiner Fee		 18 months
Unrestricted
Restricted
TOTAL
Funds
Funds
31-Dec-22
£
£
£
1,487
-
1,487
270
-
270
13,757
-
13,757
3,510
-
3,510
3,706
-
3,706
4,363
-
4,363
19,290
-
19,290
50
-
50
23,163
-
23,163
1,188
-
1,188
1,190
-
1,190
1,320
-
1,320
10,134
-
10,134
115
-
115
83,543
-
83,543

This page does not form part of the statutory financial statements

13

COURT FARM EVANGELICAL CHURCH

NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2022

5. RESTRICTED FUNDS

The CIO held no Restricted Funds during this or the previous financial period.

6. STAFF COSTS AND NUMBERS

Gross Wages & Salaries
Employer's National Insurance Costs
Employer's Pension Contributions		 18 months
TOTAL
31-Dec-22
£
33,585
2,121
1,885
37,591

Average number of employees who were engaged in each of the following activities:

18 months
TOTAL
31-Dec-22
Charitable Activities 2

The CIO operates a PAYE scheme to pay all employed members of staff and no employees received emoluments in excess of £60,000.

(Jul-Dec 2021 None)

7. TRUSTEES AND OTHER RELATED PARTIES

No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them. (Jul-Dec 2021 None)

8. RISK ASSESSMENT

The Trustees actively review the major risks which the CIO faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

9. RESERVES POLICY

The Trustees have considered the level of reserves they wish to retain, appropriate to the CIO's needs. This is based on the CIO's size and the level of financial commitments held. The Trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.

10. PUBLIC BENEFIT

The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake.

This page does not form part of the statutory financial statements

14