North East London Gospel Mission (known as Chorley Community Church) Report and Accounts Year ended 31 December 2020 1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk ## **NORTH EAST LONDON GOSPEL MISSION** ## **LEGAL AND ADMINISTRATIVE DETAILS** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** ADDRESS FOR CORRESPONDENCE 9 King Henry's Walk London N1 4NX GOVERNING DOCUMENT Declaration of Trust dated 29 September 1936 CHARITY REGISTRATION NUMBER 264570 TRUSTEES RESPONSIBLE FOR John Hayden (resigned 8th June 2020) MANAGING THE CHARITY Roger Penny Peter Dublin Joe Rodriguez Duriye Beidas CUSTODIAN TRUSTEES Roger Gadsden John Hayden Peter Dublin BANKERS Barclays Bank plc Virgin Money INDEPENDENT EXAMINER Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB ## **INDEX** Page 1 Legal and Administrative Details Pages 2-4 Trustees' Report Page 5 Independent Examiner's Report Page 6 Receipts and Payments Account Page 7 Statement of Assets & Liabilities Pages 8-9 Notes to the Accounts Page 1 ## **NORTH EAST LONDON GOSPEL MISSION** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 December 2020. ## **Objects of the charity** The charity, which is a church, is governed by a trust deed and is constituted as a trust. The charity's principal objects, as set out in its governing document, are to demonstrate the Christian faith in action by the spreading of the gospel among the inhabitants of north east London and the vicinity, especially among the poor. ## **Summary of the charity's main activities and achievements** To further the above objects and vision, the charity's main activities and achievements were as follows: The trustees note that the Church is not a building, but a gathering of ordinary people of different ages and backgrounds, whose lives have been changed by Jesus Christ, the Son of God. The New Testament reveals the Church as a community of people, properly taught and cared for, who by loving and serving Jesus Christ, were also committed to love and care for each other and to bring a blessing to the area in which they lived. The North East London Gospel Mission, its trustees, elders and members are committed to the restoration of those New Testament principles. It is not alone in this, it is one of many Churches in the area, country and all over the world that is re-discovering the excitement of knowing Jesus Christ. The vision is to see the people of north east London come into this experience of knowing Jesus as their Lord, Saviour and friend. To further the above objects and vision, the charity's main activities and achievements were as follows: a) held a church service every Sunday (not during the first lockdown). They are advertised in our monthly Newsletter. These are open to the community and we have a portable ramp to facilitate wheelchair users. b) held regular bible study and prayer meetings (not during the first lockdown). These are held once a week for each meeting, and again open to the community. c) arranged meetings on the last Thursday of every month for the over 50's. This is called the Wise Owls club and it provides a light lunch and games and a short epilogue at the end of the time. Due to Covid restrictions it has been curtailed from March 2020. d) ran a youth club every Monday until the end of March and continued twice a week on Zoom. The Youth Work were benefactors of a financial grant from Nicodemus/Lottery Grant in 2019 of which some funds were still being used in 2020, to facilitate training, and further expansion of the work amongst young people by way of training a specialist youth worker on a part time basis. e) arranged outreaches into the local community. This was done by: door-to-door visitation work, book table on the local corner of King Henrys Walk, a community lunch once a month on a Sunday whereby it is encouraged to invite people from “outside the church” until the end of March. Since Covid restrictions came in place we have focused on the book table on our local corner. Also, from September we now host the AA on a Friday evening. f) undertook pastoral visits every week to members of the local community until the end of March. We continued our visitations mostly online and at times deliver care packages to those in need. g) were a pivotal part of a food kitchen/food bank initiative throughout the Covid season. h) As Covid-19 has devastated communities around the world, we have continued our partnership with the team at Link to Hope who have been working even harder to provide humanitarian aid and improve access to education and social care throughout Romania, Bulgaria, Moldova and Ukraine. Even though Covid restrictions were in we were able to send many shoeboxes again. Page 2 Most of the charity's activities are undertaken by volunteers and the charity could not operate effectively without their efforts. In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission. ## **Financial review** During the year income increased by £5,700, to £41,900, and expenditure increased by £8,600, to £43,700. As a result the cash held by the charity decreased by £1,800, to £28,300, of which £25,900 is unrestricted and can be used for any charitable purpose. ## **Reserves policy** The trustees have determined that the charity should aim to hold unrestricted cash of no less than £13,500 (which equates to about 9 months' of unrestricted expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £25,900 and the charity is complying with its reserves policy. ## **Impact of Covid-19** In March 2020, Covid restrictions came in place. We made sure that the church is compliant with up-to-date guidelines; including social distancing - chairs 1m+ apart, we ask people to wear masks, and have them on hand in case people don’t bring their own. Toilets are frequently cleaned and so is the main hall where the meetings are held. There is soap and water available to wash hands, and people had a demonstration on good hand washing before the lockdown came into force. The kitchen is out of bounds. We also have a five-minute talk (based on the Sunday Sermon of the day) sent out via WhatsApp to vulnerable people in the congregation who are not able to attend. This is ongoing. As the church was shut for a number of months due to compliance with Government guidelines, there was lower income through the weekly offerings. However, some giving is done through the direct banking system and, in effect, the income of the charity has been slightly dented as would be expected in this season of Covid-19. On balance, the utilities bills for gas and electric for the period of non-use/closure of the church have been far less which has been helpful. The trustees are confident that the church can continue for the foreseeable future as reserves are still in place and our finances are healthy. Regular information was sent to all Trustees and Committee during the lockdown, and going forward, as was the case beforehand, so that our finances are carefully monitored, and the leaders alerted to any problems that may occur. ## **Governance** Responsibility for setting policy and for determining the parameters within which the charity should operate rests with the trustees who meet regularly to monitor the activities of the charity. A leadership team, which includes individuals who are not trustees, determine the spiritual direction of the church and oversee the charity's day to day activities. New trustees are recruited and appointed by the existing trustees, by a majority vote. Page 3 ## **Responsibilities of trustees** Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year. We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities. ## **Approval** This report was approved by the trustees and signed on their behalf by: ____________________________ Roger Penny Date:_______________________ Page 4 ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF** ## **NORTH EAST LONDON GOSPEL MISSION** I report to the trustees on my examination of the accounts of North East London Gospel Mission ('the charity') for the year ended 31 December 2020 on pages 6 to 9 following. ## **Responsibilities and basis of report** As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 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 2011 Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in accordance with section 130 of the 2011 Act; or 2. the accounts do not accord with the accounting records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB Date: Page 5 ## **NORTH EAST LONDON GOSPEL MISSION** ## **RECEIPTS AND PAYMENTS ACCOUNT** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** |Notes
**_Income receipts_**
Donations
Gift aid receipts
Interest received
Other
**_Total receipts_**
**_Payments_**
2
**_Total payments_**
Transfers between funds
4
**Net movement in funds**
Cash funds as at last year end
**Cash funds at this year end**
A
Net
of
receipts
/
(payments)
before
transfers
Payments
in
relation
to
charitable
activities undertaken directly||General
Designated
Funds
Funds
£
£
27,309
-
563
-
107
-
150
-
28,129
-
17,131
-
17,131
-
10,998
-
(2,700)
-
8,298
-
17,566
-
25,864
-
Unrestricted Funds|Restricted
Funds
£
12,061
1,689
-
-
13,750
26,527
26,527
(12,777)
2,700
(10,077)
12,547
2,470|Total
2020
£
39,370
2,252
107
150
41,879
43,658
43,658
(1,779)
-
(1,779)
30,112
28,334|Total
2019
£| |---|---|---|---|---|---| |||General
Funds
£
27,309
563
107
150
28,129
17,131
17,131
10,998
(2,700)
8,298
17,566
25,864|||| ||||||32,763
3,217
164
-| ||||||36,144| ||||||35,045| ||||||35,045| ||||||1,098
-| ||||||1,098
29,014| ||||||30,112| The notes on pages 8-9 form part of these accounts. Page 6 ## **NORTH EAST LONDON GOSPEL MISSION** ## **STATEMENT OF ASSETS AND LIABILITIES** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** |**A**
**Cash funds**
Cash at bank with immediate access
Notice deposits
Petty cash
**B**
**Other monetary assets**
Gift aid due to charity
**C**
**Liabilities**
**Falling due within one year:**
Fee for Independent Examination
Accrued expenses|General
Designated
funds
funds
£
£
3,916
-
21,946
-
2
-
**25,864**
**-**
307
-
**307**
**-**
960
-
-
-
**960**
**-**
Unrestricted Funds|Restricted
funds
£
2,470
-
-
**2,470**
2,527
**2,527**
-
-
**-**|Total
2020
£
6,386
21,946
2
**28,334**
2,834
**2,834**
960
-
**960**|Total
2019
£| |---|---|---|---|---| |||||8,065
21,838
209| |||||**30,112**| |||||1,071| |||||**1,071**| |||||960
2,819| |||||**3,779**| |**D**
**Assets retained for charity's own use**
Freehold building
Equipment|Value
2020
£| |---|---| ||1,528,692
71,792| ||**1,600,484**| The trustees have used insurance values as the trustees are unable to reliably estimate current values; insurance values may differ materially from current values. The accounts were approved by the trustees and signed on their behalf **----- Start of picture text -----**
by date
-------------------------------------------- -------------
Roger Penny
**----- End of picture text -----**
The notes on pages 8-9 form part of these accounts. Page 7 ## **NORTH EAST LONDON GOSPEL MISSION** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** ## **1 Accounting policies** The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs. General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. |**2**
**Payments in relation to charitable activities undertaken directly**
General ministry (incl. speaker exps)
Youth ministry
Building repairs and equipment
Shoebox expenses
Food kitchen / foodbank initiative
Utilities including telephone
Insurance
Printing, postage and materials
General repairs and maintenance
Refreshments
Governance
Miscellaneous||Unrestrict|Designated
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
ed Funds|Restricted
Funds
£
1,524
16,817
2,280
3,922
1,985
-
-
-
-
-
-
-
26,527|Total
2020
£
5,736
16,817
5,150
3,922
1,985
5,200
1,545
1,177
131
415
960
620
43,658|Total
2019
£| |---|---|---|---|---|---|---| |||General
funds
£
4,212
-
2,870
-
-
5,200
1,545
1,177
131
415
960
620
17,131||||| |||||||1,925
9,881
11,728
2,918
-
3,482
1,458
600
646
1,205
906
296| |||||||35,045| Page 8 ## **NORTH EAST LONDON GOSPEL MISSION** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** ## **3 Transactions with related parties** Except for the reimbursement of expenses, no amounts were paid to any trustee or to any person or business connected to them. However one of the trustees was provided with rent-free accommodation in respect of his ministry to the church, not for serving as a trustee. |**4**
**Movement of funds**
General funds
Restricted funds
Building Fund
Youth Work Fund
Youth Work Grant
Shoebox Fund
Wise Owls
Food kitchen/food bank initiative
Ministry Fund
Total funds|Balance at
31Dec2019
£
17,566
17,566
418
6,490
4,200
-
1,141
-
297
12,547
30,112|Receipts
£
28,129
28,129
3,213
4,726
-
3,956
110
1,685
60
13,750
41,879|Payments
£
(17,131)
(17,131)
(2,280)
(12,617)
(4,200)
(3,922)
(167)
(1,985)
(1,356)
(26,527)
(43,658)|Transfers
£
(2,700)
(2,700)
-
1,400
-
-
-
300
1,000
2,700
-|Balance at
31Dec2020
£
25,864| |---|---|---|---|---|---| ||||||25,864| ||||||1,351
-
-
34
1,084
-
-| ||||||2,470| ||||||| ||||||28,334| The **Building Fund** represents donations received to help fund repairs and improvements to charity property. The **Youth Work Fund** represents donations received to help fund the charity's youth work. The **Shoebox Fund** relates to funds donated for the purpose of the annual Shoebox Appeal. The **Wise Owls** funds relates to the over 50's club activities (the transfer in the year relates to the balance of funds which was previously held in general funds). The **Food kitchen/Foodbank initiative** relates to a project running through the Covid pandemic that we partnered with. The **Ministry Fund** represents donations received to help meet the expenses of ministry volunteers. Page 9