ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
THE POPLARS CHRISTIAN FELLOWSHIP
CHARITY REGISTRATION No: 275682
Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF
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THE POPLARS CHRISTIAN FELLOWSHIP
CONTENTS
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Page 3 Legal and Administrative Information
Pages 4 to 6 Trustees' Report
Page 7 Independent Examiner's Report to the Trustees
Page 8 Statement of Financial Activities
Page 9 Balance Sheet
Pages 10 to 16 Notes to the Financial Statements
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THE POPLARS CHRISTIAN FELLOWSHIP
LEGAL AND ADMINISTRATIVE INFORMATION
WORKING NAME Poplars Church CHARITY NUMBER 275682 START OF FINANCIAL YEAR 1st April 2024 END OF FINANCIAL YEAR 31st March 2025 TRUSTEES AT 31ST MARCH 2025 K Russon - Resigned 10.06.24 R Evens K Dawson - Chair C Stanford R Hardy A Johnson A Moore R Backhouse COMMITTEE MEMBERS H Butcher M Hardy M Bellingham S Hemsall
All trustees and trust committee members have served in office throughout the year and to the date of this report except where shown.
The Trust Committee direct when it is necessary to appoint new trustees and committee members in accordance with Trust Deed 6V1 and 81V. A process of election takes place drawing candidates from a broad range of suitably qualified church members. Names of proposed trustees/committee members are recommended to a church meeting for consideration.
LEGAL STATUS
Unincorporated Charity
GOVERNING INSTRUMENT
Declaration of Trust Deed 8th May 1978, Deed of Amendment 10th July 1991.
OBJECTS
To promote the advancement of the Christian religion within the United Kingdom and abroad.
CORRESPONDENCE ADDRESS
The Golden Ball 3 Victoria Square Worksop S80 1DX
PRIMARY BANKERS TSB PO Box 373 Leeds LS14 9GQ
INDEPENDENT EXAMINER
Independent Examiners Ltd The Grains Store Hills barns Appledram Lane South Chichester PO20 7EG
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THE POPLARS CHRISTIAN FELLOWSHIP
TRUSTEES REPORT
FOR THE YEAR ENDED 31ST MARCH 2025
Who are we?
Poplars Church is a vibrant and steadily growing faith community based in Worksop, North Nottinghamshire. Although relatively small in size, the church plays an active and influential role in the local area. Its ministry includes the core activities of weekly worship services, Bible study sessions, prayer meetings, and a variety of fellowship groups that nurture spiritual growth and community connection.
Summary of Trust Objectives:
a) To advance the Christian faith in accordance with the Statement of Beliefs adopted by the Trust, and to undertake such activities as are consistent with the propagation and practice of that faith.
b) To relieve persons who are in conditions of need, distress, or hardship, whether within the United Kingdom or elsewhere, through the establishment, maintenance, and provision of homes, hostels, and such other charitable facilities or services as the Trustees may from time to time deem appropriate.
c) To apply the funds and property of the Trust for such other exclusively charitable purposes as the Trustees shall in their absolute discretion determine, provided that such purposes are consistent with the objects hereinbefore stated.
What do we do?
The Church shall continue to manifest and express its Christian faith through the provision of services to the community, carried out in accordance with its charitable purposes and Statement of Beliefs. Without prejudice to the generality of the foregoing, such activities shall include, but not be limited to, the following:
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To provide opportunities for Sunday meetings conducted in an informal style, offering worship and clear teaching on the essentials of the gospel as understood by the Church. Such meetings are held predominantly at the Golden Ball premises, acquired by the Church in 2015.
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To contribute to local schools through assemblies and lessons delivered by Church leaders, in accordance with requests from schools and the requirements of the national curriculum.
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To encourage members of the Church to participate as volunteers in community organisations, whether Christian or secular, including but not limited to the local Food Bank.
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To convene regular meetings for fellowship, informal teaching, and pastoral care, with formats and times varied to ensure accessibility to all who wish to attend.
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To maintain and operate the Basement Project, whereby a cellar had previously been converted into a uniform and children’s clothing bank, managed by the church workers and volunteers, in partnership with Now Church and From the Heart charity, providing free school uniforms, children’s clothing, and accessories to members of the local community.
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We took part in the local Christmas toy appeal acting as a referral and collection point along with Now Church and From the Heart charity.
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To provide for the needs of young people through a fortnightly youth group, external trips, and the provision of a safe environment for engagement, fellowship, and personal development.
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To host office and counselling space for “JOEL the Complete Package” (Registered Charity No. 1158908), a loc charity supporting families through pregnancy and parenting following baby loss.
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To operate “Coffee Connection” each Wednesday morning, facilitated by Church workers and volunteers, offering warm space, opportunities for social interaction, crafts, and engagement with local services.
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To make available the Golden Ball premises for use by community groups, including but not limited to a choir, a U3A swing band, a history society, an Italian-speaking group, a sling library, a photography group, and a support drop-in for persons affected by Multiple Sclerosis.
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THE POPLARS CHRISTIAN FELLOWSHIP
TRUSTEES REPORT (Continued) FOR THE YEAR ENDED 31ST MARCH 2025
Public benefit
The Trustees declare that the activities of Poplars Church shall be carried out for the public benefit, and that the distinctive characteristics and purposes of the Church provide justification for its continued existence and operation within Worksop and the wider community. Without limitation, such public benefit shall include:
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The advancement of a strong desire to foster unity within the local Christian community, encouraging collaboration and collective action as one body.
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Acting as a catalyst to mobilise the Church and its members in social action initiatives, including but not limited to the provision of free children’s clothing, engagement with schools, community outreach, and support for the elderly and marginalised.
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The establishment and maintenance of constructive partnerships with statutory and civic bodies, including the police, local authority, Members of Parliament, educational institutions, and other agencies, with the objective of building stronger communities. This shall encompass participation in local strategic partnerships, community and voluntary service organisations, and voluntary sector forums, thereby positioning the Church at the heart of the community.
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The provision of infrastructure, staff, and premises to resource and support inter-church activities and initiatives.
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The demonstration and provision of a working model of a non-institutional, relational approach to the practice and outworking of the Christian faith.
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The encouragement and facilitation of new forums for partnership, co-operation, and collaboration within the wider Church community across the district.
Fiancial Review
The Trustees hereby record that the Trust is in a financially sound and stable position, as evidenced by the accounts appended hereto. The Trust’s income is derived exclusively from offerings, voluntary gifts, Gift Aid recoveries, community grants, and donations received in respect of the use of rooms and facilities.
Trustees
The Trustees record that the composition of the Trust Committee has been duly refreshed during the course of the year by the appointment of two additional Trustees. All Trustees are required to undertake trustee induction and safeguarding training, which is provided through online delivery, thereby ensuring compliance with statutory obligations and best practice standards.
Chairman’s comments
It is with joy I can say Poplars Church has continued to keep serving God and each other at its heart. The Trustees seek to make all decisions with the interests of everyone at the fore. We consider carefully the income and expenditure in a manner that we believe helps to further the work of God’s Kingdom.
The Trustees acknowledge with gratitude the generosity of supporters which has enabled the work of Poplars to serve its congregation and community. The maintenance of the Golden Ball premises is good and remains able to serve both as a facility for the Church and as a venue for a variety of community groups.
Attendance at services and activities remains consistent, with new individuals joining. Financially, the Trust has maintained stability, thereby ensuring the continuation of its ecclesiastical and charitable work.
The
Trustees further recognise and commend the quality, dedication, and enthusiasm of those who contribute voluntarily of their time and talents in furtherance of the advancement of the Christian faith and the work of God’s Kingdom.
I
am positive for the future, that with the steadfast commitment of Poplars Church to the local community, we will ensure that its activities continue to provide benefit and blessing to the inhabitants of Worksop and the surrounding area.
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THE POPLARS CHRISTIAN FELLOWSHIP
TRUSTEES REPORT (Continued) FOR THE YEAR ENDED 31ST MARCH 2025
Trustees' Responsibilities
The Charities Act 2011 require the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the trust and of the surplus of the trust for that period. In preparing those financial statements the trustees are required to:
i) Select suitable accounting policies and apply them consistently ;
ii) Make judgements and estimates that are reasonable and prudent ;
iii) Prepare financial statements on the going concern basis unless it is inappropriate to presume that the trust will continue in existence.
The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the trust. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on,………………………………
Signed on their behalf by Trustee ……………………………………………………………………
Printed Name:
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INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
Report to the trustees of The Poplars Christian Fellowship on the accounts for the year ended 31st March 2025 set out on pages 8 to 16.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity’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:
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examine the accounts under section 145 of the Charities Act,
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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
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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 charity 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
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which gives me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Kim Gomes FCIE MAAT Sign: Independent Examiners Ltd The Grains Store Hills barns Date: 26.1.26 Appledram Lane South Chichester PO20 7EG
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THE POPLARS CHRISTIAN FELLOWSHIP
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025
| Notes INCOMING RESOURCES Incoming Resources from Generated Funds Donations & Legacies 3a Charitable Activities 3b Activities for Generating Funds 3c Investment Income 3d Other Incoming Resources 3e TOTAL INCOMING RESOURCES RESOURCES EXPENDED Cost of Generating Funds Costs of Charitable Activities 4a Governance Costs 4b TOTAL RESOURCES EXPENDED NET INCOMING/ (OUTGOING) RESOURCES Total Funds Brought Forward Transfers Between Funds 5 TOTAL FUNDS CARRIED FORWARD |
Unrestricted Designated TOTAL TOTAL Funds Funds 2024/25 2023/24 £ £ £ £ 84,196 195 84,391 97,757 4,026 - 4,026 2,290 3,520 - 3,520 2,182 576 - 576 308 312 - 312 2,654 |
|---|---|
| 92,630 195 92,825 105,191 |
|
| 68,663 1,719 70,382 82,988 4,935 - 4,935 3,909 |
|
| 73,598 1,719 75,317 86,897 |
|
| 19,032 (1,524) 17,508 18,294 332,330 2,392 334,722 316,428 - - - - |
|
| 351,362 868 352,230 334,722 |
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 10 to 16 form part of these financial statements.
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THE POPLARS CHRISTIAN FELLOWSHIP
BALANCE SHEET
AS AT 31ST MARCH 2025
| Note Fixed Assets Tangible Assets 2 Current Assets Debtors & Prepayments 9 Cash at Bank and in Hand 8 Total Current Assets Creditors:due within one year 10 NET CURRENT ASSETS TOTAL ASSETSless current liabilities NET ASSETS Funds of the Charity General Funds Designated Funds 5 Restricted Funds 6 |
Unrestricted Designated Total Total Funds Funds 31-Mar-25 31-Mar-24 £ £ £ £ 274,951 - 274,951 274,951 15,022 - 15,022 26,019 63,624 868 64,492 35,072 |
|---|---|
| 78,646 868 79,514 61,091 |
|
| 2,235 - 2,235 1,320 76,411 868 77,279 59,771 |
|
| 76,411 868 77,279 59,771 |
|
| 351,362 868 352,230 334,722 |
|
| 351,362 - 351,362 332,330 - 868 868 2,392 - - - - |
|
| 351,362 868 352,230 334,722 |
Approved by the Trustees on,………………………………
Signed on their behalf by Trustee ……………………………………………………………………
Printed Name:
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THE POPLARS CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
1. ACCOUNTING POLICIES
Basis of Preparation & Assessment of Going Concern
Basis of Preparation
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.
The Charity 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 Charity’s ability to continue as a going concern.
Incoming Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
▪ the charity becomes entitled to the resources;
▪ the trustees are virtually certain they will receive the resources; and
▪ the monetary value can be measured with sufficient reliability
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax Reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services has been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer Help
The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
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THE POPLARS CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
1. ACCOUNTING POLICIES (Continued)
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with Performance Conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
Grants Payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Support Costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of the resources, e.g. allocating property costs by floor areas, or per capital employed, staff costs by the time spent and other costs by their usage.
Fixed Assets
Tangible fixed assets for use by the charity, these are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
Change of Accounting Policies and Rules and Methods of Valuation
There are no changes to the accounting policies (valuation rules and methods of accounting) since last year.
Depreciation Expense
Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a reducing balance over their estimated useful lives. The rates applied per annum are as follows:
Fixtures, Fittings Equipment 25%
No depreciation is charged to freehold property as the property is maintained to such a standard that the estimated residual value is not less than cost.
| 2. TANGIBLE FIXED ASSETS Cost 01-Apr-24 Additions Cost at 31-Mar-25 Depreciation 01-Apr-24 Charge Depreciation at 31-Mar-25 Net Book Value 31-Mar-25 Net Book Value 31-Mar-24 |
Freehold Freehold Fixtures Land & Land & Fittings & Total Buildings Buildings Equipment 2024/25 £ £ £ £ 207,000 67,951 274,951 - - - - |
|---|---|
| 207,000 67,951 - 274,951 |
|
| - - - - - - |
|
| - - - - |
|
| 207,000 67,951 - 274,951 |
|
| 207,000 67,951 - 274,951 |
The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31 Mar 25 : None , 31Mar 24 :None
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THE POPLARS CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
3. INCOMING RESOURCES
| Note a) Donations & Legacies Gifts, Tithes & Offerings 5 Gift Aid Tax Recoverable b) Charitable Activities Activities & Projects CAP Golden Ball c) Activities for Generating Funds Hall Hire d) Investment Income Bank Interest e) Other Incoming Resources Interest on Gift Aid claims Grants 5 |
Unrestricted Designated TOTAL TOTAL Funds Funds 2024/25 2023/24 £ £ £ £ 68,452 195 68,647 60,858 15,744 - 15,744 36,899 |
|---|---|
| 84,196 195 84,391 97,757 |
|
| 3,298 - 3,298 2,275 728 - 728 - - - - 15 |
|
| 4,026 - 4,026 2,290 |
|
| 3,520 - 3,520 2,182 |
|
| 3,520 - 3,520 2,182 |
|
| 576 - 576 308 |
|
| 576 - 576 308 |
|
| 312 - 312 1,054 - - - 1,600 |
|
| 312 - 312 2,654 |
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THE POPLARS CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
4. RESOURCES EXPENDED
| Note a) Costs of Charitable Activities Conference Equipment Costs Gifts, Grants & Blessings Golden Ball Costs Office Costs Outreach Resources & Fabric Salaries & Wages Staff Expenses Sundry Expenses Telephone & Internet Costs The Children & Youth Utility Costs b) Governance Costs Bank Charges Insurance Costs Independent Examiners Fees Legal & Professional Fees |
Unrestricted Designated TOTAL TOTAL Funds Funds 2024/25 2023/24 £ £ £ £ 3,302 - 3,302 - 72 - 72 1,728 - 1,719 1,719 3,450 2,119 - 2,119 2,177 1,966 - 1,966 512 1,891 - 1,891 1,782 2,871 - 2,871 4,521 42,112 - 42,112 45,433 3,781 - 3,781 3,981 230 - 230 901 2,186 - 2,186 3,584 527 - 527 2,149 7,606 - 7,606 12,770 |
|---|---|
| 68,663 1,719 70,382 82,988 |
|
| 262 - 262 300 1,594 - 1,594 1,437 1,377 - 1,377 1,380 1,702 - 1,702 792 |
|
| 4,935 - 4,935 3,909 |
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THE POPLARS CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
5. DESIGNATED FUNDS
| CURRENT FINANCIAL YEAR Grants Blessings |
Balance Balance 01-Apr-24 Income Expenditure Transfers 31-Mar-25 £ £ £ £ £ 1,708 - (407) - 1,301 684 195 (1,312) - (433) |
|---|---|
| 2,392 195 (1,719) - 868 |
| PREVIOUS FINANCIAL YEAR Grants Blessings |
Balance Balance 01-Apr-23 Income Expenditure Transfers 31-Mar-24 £ £ £ £ £ 4,183 1,600 (4,075) - 1,708 1,575 860 (1,751) - 684 |
|---|---|
| 5,758 2,460 (5,826) - 2,392 |
The Designated funds are represented by the charity's cash reserves and are to be expended as detailed above.
6. RESTRICTED FUNDS
The Charity held no restricted funds during this or the previous financial year.
7. NET ASSETS BETWEEN FUNDS
| Fixed Assets Net Current Assets |
Unrestricted Restricted Total Total Funds Funds 31-Mar-25 31-Mar-24 £ £ £ £ 274,951 - 274,951 274,951 76,411 868 77,279 59,771 - |
|---|---|
| 351,362 868 352,230 334,722 |
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THE POPLARS CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
8. CASH AT BANK AND IN HAND
| Cash at Bank & In Hand | Unrestricted Restricted Total Total Funds Funds 31-Mar-25 31-Mar-24 £ £ £ £ 63,624 868 64,492 35,072 |
|---|---|
| 63,624 868 64,492 35,072 |
9. DEBTORS AND PREPAYMENTS
| Gift Aid recoverable Interest on Gift Aid recoverable |
Unrestricted Restricted Total Total Funds Funds 31-Mar-25 31-Mar-24 £ £ £ £ 14,710 - 14,710 24,965 312 - 312 1,054 |
|---|---|
| 15,022 - 15,022 26,019 |
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Independent Examiners Fee Payroll |
Unrestricted Restricted Total Total Funds Funds 31-Mar-25 31-Mar-24 £ £ £ £ 1,350 - 1,350 1,320 885 - 885 - |
|---|---|
| 2,235 - 2,235 1,320 |
11. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
The Charity held no long term liabilities during this or the previous financial year.
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THE POPLARS CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
12. STAFF COSTS AND NUMBERS
| Gross Wages & Salaries Employer's National Insurance Costs Pension Contributions Charitable Activities Average number of employees who were engaged in each of the following activities: |
2024/25 £ 41,105 - 1,007 42,112 TOTAL 2024/25 2 2 |
2023/24 £ 44,516 - 917 |
|---|---|---|
| 45,433 | ||
| TOTAL 2023/24 2 |
||
| 2 |
The Charity operates a PAYE scheme to pay all employed members of staff and no employees received emoluments in excess of £60,000 (2023/24: None). The Charity also employs members of staff on a self employed basis.
13. PAYMENTS TO 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. (2023/24: Nil)
14. RISK ASSESSMENT
The trustees actively review the major risks which the charity 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.
15. RESERVES POLICY
The trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The trustees aim to ensure the charity 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.
16. PUBLIC BENEFIT
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity 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 charity should undertake.
16. ACQUISITION OF LAND & BUILDING
The Trustees of The Poplars Christian Fellowship sought guidance and advice regarding the acquisition of Land & Buildings at 3 Victoria Square, Worksop, S80 1DX. On the 18th June 2015 the acquisition of the Land & Building was completed and the Charity acquired the Land & Buildings at the above address at a cost of £207,000, which was settled in full.
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