## **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
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## **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
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## **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.
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##
##
##
## **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:
- examine the accounts under section 145 of the 2011 Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
## **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:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- **·** 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
2. 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
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## **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**
- These funds are funds set aside by the trustees out of unrestricted general funds for specific purposes or projects.
3. **Restricted Funds** - these are funds that can only be used for particular restricted purposes within the objects of the charity.
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
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## **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
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## **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
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## **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