**Charity Registration No. 236171**
## **FIRST CHURCH OF CHRIST, SCIENTIST, POOLE**
## **FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
Harrisons
4 Brackley Close Bournemouth International Airport
Christchurch Dorset BH23 6SE
## **FIRST CHURCH OF CHRIST, SCIENTIST, POOLE**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Trustees**
Mrs A H Evans Mrs D Howell Mr B Roberts
**Charity number** 236171 **Principal address** 2A Church Road Lower Parkstone Poole Dorset BH14 0NN
## **Independent examiner**
Harrisons Chartered Accountants 4 Brackley Close Bournemouth International Airport Christchurch Dorset BH23 6SE
FIRST CHURCH OF CHRIST, SCIENTIST, POOLE
CONTENTS
Page
Trustees, report
Independent examiner's report
Slalemenl of financial activities
Balance sheet
Notes lo the financial slalements
6- 11
## **FIRST CHURCH OF CHRIST, SCIENTIST, POOLE**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
The trustees present their annual report and financial statements for the year ended 31 December 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, 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 and activities**
The object of the Church is to provide religious services in accordance with the Church Manual of The First Church of Christ, Scientist, in Boston, Massachusetts, USA.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and performance**
In 2015 the members unanimously approved a Board resolution to increase our donations to various Christian Science charities and to increase funds on outreach works to the local community. In 20 17 we increased our annual contributions to UK based Christian Science.
In addition, to enhance our outreach to the local community between January 2016 and February 2019 we employed a full time Reading Room Manager at a gross salary of £1,950 per month. This was to enable the public to access a large range of communication resources during normal shop hours, including the Bible, Science and Health with Key to the Scriptures as well as a full range of literature published by the Christian Science worldwide headquarters in Boston USA in printed and electronic form.
In 2015 we also upgraded communication facilities to include new computers and wider window display screen.
When the UK was in lockdown at the beginning of the year, the Reading Room was closed but the window was frequently renewed and literature distributed. In April 2021 the Reading Room reopened to the public and throughout the rest of the year was open three and a half days a week.
The Church building was closed virtually the whole year until November due to Government restrictions and preparations to continue services on Zoom when returning to the Church building. Services have continued online and have enabled more people to access Church services from the local community, further afield in the UK and even in South Africa. Equipment was installed in the Church building in October to enable the services to be transmitted on Zoom. Since reopening the Church building in November hybrid services have been held with congregations both in the building and online.
## **Financial review**
The trustees wish to draw attention to the increase in donations received this year and the charity making an overall surplus of £ 5,861 ( 2020 : deficit of £ 21,925 ) and are grateful in particular to the Dagny Raymond Trust for the generous donation of £22,641.
The unrestricted funds are in surplus by £ 314,018 ( 2020 : £ 308,157 ) of which £ 189,468 is made up of freehold property. The general fund is available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
The designated freehold property fund represents restricted funds utilised at the discretion of the trustees for the purpose of purchasing and improving the freehold property and other assets. Freehold property purchases and improvements, together with revaluation gains and losses on this property, are retained as part of this fund.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
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FIRST CHURCH OF CHRIST, SCIENTIST, POOLE
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
structure, govèrnance and managemgnt
First Church of Christ, Scientis( Poole is an unincorporated organis*ion founded in 1916 as a branch ol The
First Church ol Christ, Scientist, in Boslon, Massachusetts, USA, IThe Mother Chur¢hl, and is regis18red with
the ChaTity Commission as Charity No. 236171.
The trustees who served during the year and up to the date of signature of the financial statem&nl8 were=
MrsA H Evans
Mrs D Howell
Mr B Roberts
New trustees are selected by the members in Gener81 Meeting and a majority vote of those present is
necessary lo make the seJeGtion.
There is an Executive Board consi81ing of thfee to five members elected annuslly by the Church membership.
Officers in addition to this consist of :.
al First and Second Raaders
bl President
¢1 Librarian
dl Sunday School Superintendent
el Clerk
n Treasurer
The trustees, report was approved by the Briard ofTiuslee3.
MrsA H Evans
Trustee
Dated." 11 July 2022
FIRST CHURCH OF CHRIST, SCIENTIST, POOLE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF FIRST CHURCH OF CHRIST, SCIENTIST, POOLE
I report lo the trustees on my examination of tha financial statements of First Church of Christ, Scien1181.
Poole Ilhe charity) for the year ended 31 Dembe* 2021.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the finanaal $laternents In
accordance with thè requirements of thè Charities Act 2011 (the 2011 Act).
I raport in respect of my examin81ion of the charity's financial statements carried out under seelion 145 of
the 2011 Act. In carrying out my examination I have fo15owed all the applicable Directions given by the
Charity Commission under secb'on 14515llbl of th8 2011 ACL
Indeppndent examlneWs statEment
I have completed my exarnination. I confirm that no matters have come lo my attention in connection with
the examinats'on giving me cause to believe that in any material respect..
accounting r8coids werè not kept in rgspect of the ch8rity as required by section 130 01 the 2011 Act,.
or
th? financial statements do not accord with those recgrd3". or
the financial statements do not CoMY with the applieable requirements conc&ming the fomi and
Content of aceounls set out in th6 Charilies (Accounts and Reports) Règulations 2008 other than any
requirement that the ac¢ounts 98 8 true and fair view which is not 8 matter ¢onsidered as p8rt of an
independent examination.
I h8ve no concerns and have come across no other matters in connecbon with the examination lo wh
attention should be drawn in this report in order lo enable a proper understanding ol the financial slatemènls
to bo reached.
Harriso
hartered Accountsnts
Harrisons
4 Brackley Close
Boumemoulh Intemational Airport
Christchurch
Dorset
BH23 6SE
Dated.. 11 July 2022
## **FIRST CHURCH OF CHRIST, SCIENTIST, POOLE**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
|||**Unrestricted**|**Unrestricted**|
|---|---|---|---|
|||**funds**|
**funds**|
|||**2021**|
**2020**|
||**Notes**|
**£**|
**£**|
|**Income from:**||||
|Donations and legacies|**3**|31,978|
8,593|
|Charitable activities|**4**|2,984|
1,898|
|Investment income|**5**|12,790|
12,247|
|**Total income**||47,752|
22,738|
|**Expenditure on:**||||
|Charitable activities|**6**|41,891|
44,663|
|**Net income/(expenditure) for the year/**||||
|**Net movement in funds**||5,861|
(21,925)|
|Fund balances at 1 January 2021||308,157|
330,082|
|**Fund balances at 31 December 2021**||314,018|
308,157|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
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FIRST CHURCH OF CHRIST, SCIENTIST, POOLE
BALANCE SHEET
AS AT 31 DECEMBER 2021
2021
2020
Notes
Fixed assets
Tangible assets
193,823
197,969
Current assets
Stocks
Deblors
Investments
Cash at bank and in hand
10
11
12
1,584
1.903
112,519
5,279
1,574
2,330
92,345
15,439
122,285
111,688
Credliors.. amounts falllng due wlthln
on8 y8ar
13
11.8901
{1.5001
Nel current assets
120,395
110,188
Totsl a88ets less current liabiliti
314,018
308,157
Fund8 of the chaTrty
Unrèslroctsd fund8
314,018
308,157
314,018
308, 157
The flnanGiai ststemenls were approved by the Trustees on 11 J(tly 2022
Mrs A H Evans
Trust99
**FIRST CHURCH OF CHRIST, SCIENTIST, POOLE**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **1 Accounting policies**
## **Charity information**
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 2A Church Road, Lower Parkstone, Poole, Dorset, BH14 0NN.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, 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)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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## **FIRST CHURCH OF CHRIST, SCIENTIST, POOLE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **1 Accounting policies**
## **(Continued)**
## **1.5 Expenditure**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold buildings 2% straight line Fixtures and fittings 10% straight line Equipment 5% straight line
Freehold land is not depreciated.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities .
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .
## **1.8 Stocks**
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell .
## **1.9 Financial instruments**
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
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## **FIRST CHURCH OF CHRIST, SCIENTIST, POOLE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Donations and legacies**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**2021**|2020|
||**£**|£|
|Donations and collections|26,788|6,543|
|Covenants and gift aid|5,190|2,050|
## **4 Charitable activities**
||**Reading**|**Reading**|
|---|---|---|
||**room**|**room**|
||**2021**|**2020**|
||**£**|**£**|
|Sales within charitable activities|2,984|1,898|
## **5 Investment income**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**2021**|2020|
||**£**|£|
|Rent receivable|12,616|11,400|
|Interest receivable|174|847|
||12,790|12,247|
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## **FIRST CHURCH OF CHRIST, SCIENTIST, POOLE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **6 Charitable activities**
|**Church**
**activities**
**Reading**
**room**
**2021**
**2021**
**£**
**£**
Charitable activities
1,676
6,115
Share of support costs
(see note 7)
24,901
7,545
Share of governance costs
(see note 7)
1,654
-
28,231
13,660
**Support costs**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Church Activities
32,446
-
Legal and professional
-
1,654
32,446
1,654
Analysed between
Charitable activities
32,446
1,654|**Total**
**2021**
**Church**
**activities**
**Reading**
**room**
**2020**
**2020**
**£**
**£**
**£**
7,791
7,789
4,280
32,446
22,815
7,855
1,654
1,924
-
41,891
32,528
12,135
**2021**
Support
costs
Governance
costs
**£**
£
£
32,446
30,670
-
1,654
-
1,924
34,100
30,670
1,924
34,100
30,670
1,924|**Total**
**2020**
**£**
12,069
30,670
1,924
44,663
2020
£
30,670
1,924
32,594
32,594|
|---|---|---|
||||
## **7 Support costs**
Governance costs includes independent examiners fees of £ 1,654 (2020- £ 1,624 ) .
## **8 Trustees**
None of the trustees received any remuneration or benefits from the charity during the year .
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## **FIRST CHURCH OF CHRIST, SCIENTIST, POOLE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
|**9**
**Tangible fixed assets**
**Freehold land**
**and buildings**
**Fixtures and**
**fittings**
**Equipment**
**£**
**£**
**£**
**Cost**
At 1 January 2021
355,676
17,596
9,348
Additions
-
3,224
-
At 31 December 2021
355,676
20,820
9,348
**Depreciation and impairment**
At 1 January 2021
159,274
16,029
9,348
Depreciation charged in the year
6,934
636
-
At 31 December 2021
166,208
16,665
9,348
**Carrying amount**
At 31 December 2021
189,468
4,155
-
At 31 December 2020
196,402
1,567
-
**10**
**Stocks**
**2021**
**£**
Total stock
1,584
**11**
**Debtors**
**2021**
Other debtors
1,715
Prepayments and accrued income
188
1,903
**12**
**Current asset investments**
**2021**
**£**
Short term deposits
112,519
**13**
**Creditors: amounts falling due within one year**
**2021**
**£**
Accruals and deferred income
1,890|**Total**
**£**
382,620
3,224
385,844
184,651
7,570
192,221
193,623
197,969
**2020**
**£**
1,574
**2020**
2,330
-
2,330
**2020**
**£**
92,345
**2020**
**£**
1,500|
|---|---|
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## **FIRST CHURCH OF CHRIST, SCIENTIST, POOLE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **14 Unrestricted funds**
The income funds of the charity include the following unrestricted funds:
|||**Movement in funds**|**Movement in funds**||
|---|---|---|---|---|
||**Balance at**|**Incoming**|**Resources**|**Balance at**|
||**1 January 2021**|**resources**|**expended**|**31 December**|
|||||**2021**|
||**£**|**£**|**£**|**£**|
|Freehold property fund|196,402|-|(6,934)|
189,468|
|General fund|111,755|47,752|(34,957)|
124,550|
||308,157|47,752|(41,891)|
314,018|
|||**Movement in funds**|||
||**Balance at**|**Incoming**|**Resources**|**Balance at**|
||**1 January 2020**|**resources**|**expended**|**31 December**|
|||||**2020**|
||**£**|**£**|**£**|**£**|
|Freehold property fund|203,336|-|(6,934)|
196,402|
|General fund|126,746|22,738|(37,729)|
111,755|
||330,082|22,738|(44,663)|
308,157|
The designated freehold property fund represents unrestricted funds utilised at the discretion of the trustees for the purpose of purchasing and improving the freehold property.
## **15 Related party transactions**
Kate Roberts, wife of trustee Brian Robert, was paid for cleaning services totalling £400 during the year.
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