STRANGERS REST MISSION
CHARITY INFORMATION FOR THE YEAR ENDED 30 SEPTEMBER 2021
Trustees Mr Mark Mullins Mr Rupert Hollins OBE Rev Roland Brown Rev John Thackway Rev Jonathan Arnold Secretary Mr Rupert Hollins OBE Management Committee Mark Mullins (Minister) Ernie Amurao (Assistant Minister) Governing Document Trust Deed dated 5th October 1917 Scheme dated 18th September 1995 Charity Registration Number 209117 Principal Office 131 The Highway London, E1W 9BP Independent Examiner Neville Reid 19 Mills Grove London, E14 0RH Bankers Charities Aid Foundation National Westminster Bank
CONTENTS
| CONTENTS | |
|---|---|
| Page | |
| Charity Information | 1 |
| Trustees’ Report | 2-4 |
| Independent Examiner’s Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Accounts | 8–13 |
| Detailed SoFA with comparatives | 14 |
1
STRANGERS REST MISSION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2021
The Trustees present their annual report and financial statements of the charity for the year ended 30 September 202 1 . The financial statements have been prepared in accordance with the accounting policies set out in note 2 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Objectives of the charity
-
To maintain and keep the Trust premises in suitable and proper repair; and
-
To permit the trust property to be used for the purpose of continuing thereon the mission work hitherto and at present carried on thereon; and
• To allow the trust property to be used for Evangelical Christian Mission work by persons holding the tenets set forth in the Trust deed among the people of the district generally, or otherwise for the encouragement and furtherance of such objects and purposes as may be approved by the Trustees.
The Trustees have considered these objectives and believe that the Charity is fulfilling these objectives in its actions and activities.
The Trustees confirm that they have considered the Charity Commission’s general guidance on public benefit and are of the opinion that this is achieved through the advancement of religion.
Governance
From 1 October 2019 to 17 February 2020, the trust was administered by The Evangelical Fellowship of Congregational Churches Trust Corporation Limited (EFCC). On 18 February 2020 the trust was transferred to Mr Mark Mullins (Chairman), Mr Roland Brown (Treasurer), Rev. John Thackway, Rev. Jonathan Arnold and Mr Rupert Hollins OBE (Secretary).
The policy decisions of the charity rest with the Trustees. The Chairman of the trust is the pastor at Strangers Rest and the Treasurer attends meetings every week and keeps in close contact with the Church Administrator, Faith Amurao (who handed over to Angela Baker at the end of the financial year . The trustees meet three times a year.
Review of Activities
The church's objects are to glorify God through the proclamation of the Gospel of Jesus Christ to the inhabitants of Shadwell and wider afield, and to build up of those who are believers so that they may grow to maturity in their understanding and obedience to the Word of God. The church also supports missionaries working overseas and gives assistance to those who are in financial hardship. The policies adopted in furtherance of these objects are to preach the Word of God, to pray, and to encourage believers to build each other up. There has been no change in these objects during the year.
During the year the church held services of worship on Sunday mornings and evenings, pre-service prayer meetings on Sunday morning and evening, a Kids Club on Friday evenings during the school term time, prayer meetings on Monday, Thursday and Saturday mornings and Bible studies on Wednesday evenings.
2
Services were resumed in person when the church was not required by law to be in lockdown. However Zoom and Youtube continued throughout the year to allow flexibility.
The children’s work went online until the beginning of September when in person meetings began again with some still using Zoom. Sunday School from 4-5pm was online throughout the year.
Preaching on Sunday mornings has continued to be through books of the Bible: Jude, Nehemiah, Esther and Daniel. There was no set pattern to passages preached in the evening with the preacher taking as his text whatever scripture was on his heart.
During the year the Bible Study on Colossians was interrupted to address limited atonement and predestination which led on to a study of Romans 9-11 to reflect the articles of faith within the church rules and regulations. The theme of two of the Occasional Notes was also Predestination. The importance of observing the Sabbath was also covered.
We held one baptism in September of a young man who has been in the church since he was about 8 years old. He was baptised, fittingly, just before going up to university.
At the end of September the church worship moved to exclusive Psalm singing at the conviction of the pastor.
During the period the children’s worker employed in September 2019 decided to move on in January 2021. With the unconnected dropping off of children attending church services it was not considered necessary to find a replacement.
Numbers attending in person services gradually resumed per-pandemic levels with the exception of a number of children who stopped attending during the pandemic.
As well as the Baptism in September 2021 the Anniversary Service was held in person on 22nd May 2021. Retired Pastor, Geoff Thomas, preached.
Volunteers continue to make an important contribution cleaning the church, providing refreshments, helping with the children and taking services.
Church Flat
The church flat was occupied throughout the period with rent being paid.
Financial Review
Income from donations and gifts reduced by £42,753. The total level of expenditure was £67,418 ower than the previous year, but this was mainly due to the previous year's final payment into the pension fund of a former pastor, which had already been set aside in a designated reserve. The overall result for the year was a deficit of income over expenditure of £8,205. There was a net increase on the General Fund of £15,442, including gains in the value of investments.
Reserves Policy
The Charity holds significant financial reserves. It aims to maintain general reserves of at least £140,000 to meet future capital needs.
Risk Statement
The charity is not exposed to any major financial risk. The most significant area of uncertainty relates to the downward trend of reserves over recent years, but the legacies received in recent years replenished reserves sufficiently to cover foreseeable deficits that might arise in the next few years.
3
Responsibilities of the Trustees
The charity trustees are responsible for preparing the Trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the applicable Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
• prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.
Approval
This report was approved by the Trustees on 21 May 2022 and signed on their behalf by:
Mark Mullins Chair of the Trustees
4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STRANGERS REST MISSION
I report to the charity trustees on my examination of the accounts of the above charity for the year ended 30 September 2021.
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Charities Act”).
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination which give 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 fair’ view which is not a matter considered as part of an independent examination.
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.
Neville Reid ACA
19 Mills Grove Poplar London E14 0RH
21 May 2022
5
STRANGERS REST MISSION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2021
| Note INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Charitable activities Investments Total income and endowments EXPENDITURE ON: Charitable activities 4 Total expenditure Net income/(expenditure) before investment gains Net (losses)/gains on investments Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Total Total Funds Funds 2021 2020 £ £ 15,975 58,728 8,731 10,329 3,502 2,624 |
|---|---|
| 28,207 71,681 |
|
| 36,412 103,830 |
|
| 36,412 103,830 |
|
| (8,205) (32,149) 19,001 (9,729) |
|
| 10,796 (41,878) 195,539 237,417 |
|
| 206,335 195,539 |
Movements on reserves and all recognised gains and losses are shown above.
The notes on pages 8–13 form part of these accounts.
6
STRANGERS REST MISSION
BALANCE SHEET AS AT 30 SEPTEMBER 2021
| Note FIXED ASSETS Tangible assets 9 CURRENT ASSETS Debtors 10 Investments Cash at bank and in hand CREDITORS: Amounts falling due within one year 11 Net Current Assets TOTAL NET ASSETS FUNDS OF THE CHARITY Unrestricted funds: General funds Designated funds 12 TOTAL FUNDS |
Total Total Funds Funds 2021 2020 £ £ 18,333 21,131 |
|---|---|
| 18,333 21,131 |
|
| 5,852 10,879 171,633 162,464 12,465 8,571 |
|
| 189,950 181,914 |
|
| (1,948) (7,506) |
|
| 188,002 174,408 |
|
| 206,335 195,539 |
|
| 192,914 177,472 13,421 18,067 |
|
| 206,335 195,539 |
Approved by the Trustees and signed on their behalf on 21 May 2022 by:
Mark Mullins Chair of the Trustees
Charity number: 209117
The notes on pages 8–13 form part of these accounts.
7
STRANGERS REST MISSION
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
1 Basis of Accounting
The 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 2019 version of the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP (FRS 102)), and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
The Trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern. The most significant area of uncertainty relates to the downward trend of reserves over recent years; this is addressed in the Trustees’ report.
2 Accounting policies
The following are the accounting policies which have been applied in dealing with material items.
a) Recognition of income:
Donations and legacies are included in the Statement of Financial Activities (SoFA) when:
-
the charity becomes legally entitled to the resources;
-
it is more likely than not that the trustees will receive the resources; and
-
the monetary value can be measured with sufficient reliability.
b) Tax reclaimed on donations and gifts:
Gift Aid receivable is included in income at the same time as the cash donations to which they relate, when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be unrestricted income unless the donor or the terms of the appeal have specified otherwise.
c) Settlement of insurance claims:
Insurance claims are only included in the SoFA when the general income recognition criteria are met, and are included as an item of other income in the SoFA.
d) Volunteer help:
The value of voluntary help received is not included in the accounts but is described in the Trustees’ report.
e) Investment gains or 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.
f) 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.
g) Governance costs:
This includes the costs of preparation and examination of statutory accounts, the costs of trustee meetings, and any cost of legal advice to Trustees on governance or constitutional matters.
8
STRANGERS REST MISSION
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
h) Church property:
In so far as consecrated property is excluded from the statutory definition of “charity” by section 10(2)(c) of the Charities Act 2011, such assets are not capitalised in the financial statements. All expenditure on the building is charged to the SoFA in the year in which it is incurred. The church flat is included as it is integral to the building and designated for the minister when he requires accommodation in London.
i) Fixed assets and depreciation:
Fixed assets acquired for use by the charity are capitalised and depreciated over their estimated useful life unless they cost less than £2,000 when they are written off on purchase.
Depreciation periods are as follows:
Kitchen fittings & equipment 7 years Office equipment 3 years
i) Funds:
Unrestricted funds are donations and other income received or generated for the objects of the charity without specified purpose, and are available for purposes as directed by the trustees. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside for a specific purpose. Restricted funds are amounts received where the donor has specified the purpose for which they should be used; SRM currently has no restricted funds.
3 Analysis of income
| Donations and legacies: Donations and gifts Gift Aid Charitable activities: Rent and parking income Printing income Income from investments: Interest and other investment income Total income |
2021 2020 £ £ 14,087 56,193 1,888 2,535 |
|---|---|
| 15,975 58,728 |
|
| 8,731 10,319 - 10 |
|
| 8,731 10,329 |
|
| 3,502 2,624 |
|
| 3,502 2,624 |
|
| 28,207 71,681 |
In addition to the above, there were gains and losses on the market value of investments. These are shown separately in the Statement of Financial Activities.
9
STRANGERS REST MISSION
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
| 4 Analysis of expenditure a Direct Charitable Costs Staff costs Payments in retirement Building maintenance Catering Church car Church flat Cleaning Evangelism External Ministry Conferences Gas, electricity & water Travel Youth & children's work Grants payable Note 8 b Support & Administration Governance costs Insurance IT support Telephone & internet Other administration costs Total expenditure on charitable activities |
2021 2020 £ £ 10,558 24,971 - 36,739 5,134 6,803 49 222 2,128 934 1,980 6,432 752 497 120 53 - 135 2,492 3,046 34 - 177 398 985 790 |
|---|---|
| 24,408 81,020 |
|
| 5,434 17,510 1,479 1,421 1,317 775 503 648 3,270 2,456 |
|
| 12,004 22,810 |
|
| 36,412 103,830 |
The governance costs were mostly legal advice relating to a licence for occupation of the church flat, the new church constitution, a complaint (which was not upheld by the Charity Commission), a Freedom of Information request and a data subject access request. The remaining governance costs were for the Independent Examiner as detailed below.
5 Fees for examination of the accounts
| Fees for examination of the accounts | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Independent examiner’s fees | 800 | 800 |
| Other fees paid to the examiner: | ||
| Accounting advice and assistance | - | 400 |
10
STRANGERS REST MISSION
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
6 Paid employees
a) Staff costs
| sts | |
|---|---|
| Salaries and wages Pension costs (defined contribution scheme) Total staff costs |
2021 2020 £ £ 10,044 24,293 514 678 |
| 10,558 24,971 |
In 2020 the charity had 1 permanent member of staff (2019: 2), and also paid wages to 1 temporary member of staff (2020: 1).
The Charity SORP requires disclosure of the number of employees with remuneration above £60,000. No employees were paid more than this amount.
Under their contracts of employment, the permanent members of staff are entitled to employer contributions to an occupational pension at 5.5%.
b) Payments in retirement
Payments were also made in retirement to a former pastor as follows.
The full cost was allocated to the designated Retirement Fund (see note 12).
| Payment of remaining funds Total payments in retirement |
2021 2020 £ £ - 36,739 |
|---|---|
| - 36,739 |
7 Trustees
The trustees received no payment or benefit from the charity in the year (2020: £nil).
The charity paid no remuneration to any Board member of the Trustee during the year, nor to any person connected to them; nor were they reimbursed expenses during the year (2020: £nil).
One member of the local Management Committee, the Assistant Minister, received wages until 2020 as one of the paid employees of the charity.
The Charities SORP requires disclosure of the aggregate amount of donations received from Trustees. Material donations were received from one of the Trustees, but the Trustees do not consider it necessary or desirable to disclose this amount.
11
STRANGERS REST MISSION
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
8 Grants
| Analysis of grants: Gifts to visiting speakers and missionaries Gifts to other ministries Analysis of grants – Previous year: Gifts to visiting speakers and missionaries Gifts to other ministries |
Grants to Grants to Total Institutions Individuals £ £ £ - 370 370 350 265 615 |
|---|---|
| 350 635 985 |
|
| - 240 240 150 400 550 |
|
| 150 640 790 |
The institutional grants in 2020 were £150 to the Trinitiarian Bible Society and £200 to Christian Compassion Ministries. In 2019, £150 was paid to the Protestant Alliance.
9 Tangible Fixed Assets
| Fittings and equipment At 1 October 2019 Additions Depreciation charge for the year At 30 September 2020 Additions Depreciation charge for the year At 30 September 2021 10 Debtors and prepayments Tax recoverable Prepayments and accrued income 11 Creditors: liabilities falling due within one year Trade creditors Accruals |
Cost £ 3,420 21,993 - |
Accumulated Net depreciation book value £ £ - 3,420 - 21,993 (4,282) (4,282) |
|---|---|---|
| 25,413 2,228 - |
(4,282) 21,131 - 2,228 (5,026) (5,026) |
|
| 27,642 | (9,308) 18,333 |
|
| 2021 2020 £ £ 4,027 2,177 1,826 8,702 |
||
| 5,852 10,879 |
||
| 37 639 1,912 6,867 |
||
| 1,948 7,506 |
12
STRANGERS REST MISSION
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
12 Funds
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside for a specific purpose. Movements in the year and the prior year for designated funds were as follows:
| Opening balance at 1 October 2019 Income in 2019–2020 Expenditure in 2019–2020 Transfer from general fund in 2019–2020 Closing balance at 30 September 2020 Income in 2020–2021 Expenditure in 2020–2021 Closing balance at 30 September 2021 |
Total Retirement Reserve Children's designated Fund Fund Work Fund funds £ £ £ £ 35,033 13,421 - 48,454 - - 7,500 7,500 (36,739) - (2,854) (39,593) 1,706 - - 1,706 |
|---|---|
| - 13,421 4,646 18,067 - - - - - - (4,646) (4,646) |
|
| - 13,421 - 13,421 |
The Retirement Fund was an unrestricted fund designated by the Trustees to provide payments in retirement to the Mission’s former pastor, Gerald Daley. Payments were made when he requested them. A final payment was made in 2019–2020. This was £1,706 in excess of the balance brought forward on the designated fund; an amount was therefore transferred from the General Fund to cover the remainder.
The Reserve Fund is an unrestricted fund designated by the Trustees to allow for future expenditure on any emergency or capital need that might arise.
A designated donation was received in 2020 for children's work. This was only partly spent in the year (on payroll and other expenses), and is therefore shown as a designated fund.
Analysis of net assets between funds:
| s of net assets between funds: | |
|---|---|
| Tangible fixed assets Investments Cash Other net assets |
General Designated Total funds funds 2021 £ £ £ 18,333 - 18,333 158,211 13,421 171,633 12,465 - 12,465 3,904 - 3,904 |
| 192,914 13,421 206,335 |
Analysis of net assets between funds – previous year:
| Tangible fixed assets Investments Cash Other net assets |
General Designated Total funds funds 2020 £ £ £ 21,131 - 21,131 149,043 13,421 162,464 5,425 3,146 8,571 1,873 1,500 3,373 |
|---|---|
| 177,472 18,067 195,539 |
13
STRANGERS REST MISSION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES FOR THE YEAR ENDED 30 SEPTEMBER 2021
| Note INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Charitable activities Investments 3 Total income and endowments EXPENDITURE ON: Charitable activities 4 Total expenditure Net income/(expenditure) before investment gains Net gains/(losses) on investments 3 Transfers between funds 7b Net movement in funds Reconciliation of funds: Total funds brought forward 3 Total funds carried forward |
2021 2020 2021 2020 2021 2020 £ £ £ £ £ £ 15,975 51,228 - 7,500 15,975 58,728 8,731 10,329 - - 8,731 10,329 3,502 2,624 - - 3,502 2,624 General Fund Designated Funds Total Funds |
|---|---|
| 28,207 64,181 - 7,500 28,207 71,681 31,766 64,237 4,646 39,593 36,412 103,830 |
|
| 31,766 64,237 4,646 39,593 36,412 103,830 |
|
| (3,559) (56) (4,646) (32,093) (8,205) (32,149) |
|
| 19,001 (9,729) - - 19,001 (9,729) - (1,706) - 1,706 - - |
|
| 15,442 (11,491) (4,646) (30,387) 10,796 (41,878) |
|
| 177,472 188,963 18,067 48,454 195,539 237,417 |
|
| 192,914 177,472 13,421 18,067 206,335 195,539 |
Movements on reserves and all recognised gains and losses are shown above.
14