Charlty Number 276440 MERSEYSIDE CHRISTIAN FELLOWSHIP Report and Accounts for the year 31 March 2023
MERSEYSIDE CHRISTIAN FELLOWSHIP Report and Atcount5 for the year ended 31 March 2023 Contents Page Trust Information Trustees Report Trustees Responslbilities Independent Examinerf5 Report Statement of Flnanclal Actlvltles Balance Sheet Notes to the Accounts 8-10
MERSEYSIDE CHRISTIAN FELLOWSHIP Trust Inforniatlon for the year ended 31 March 2023 Charity Number 276440 Trustees J.M. Bluett-Duncan J.E. Bluett-Duncan A. Harrison S.N. Howes N.J Wild Address 22 Richmond Park Liverpool L6 SAD Independent Exarnlner S J Sutcllffe FCCA Torevell Dent Limited 1-3 St Ann'5 Place Pellon Lane Halifax HXI 5RB Bankers National Westminster Bank plc 138 Allerton Road Liverpool L182JN Page I
MERSEYSIDE CHRisnAN FELLOWSHIP Trustees Annual Report for the year ended 31 Marth 2023 The Irustees 5ubmrt their Annual Report knd Accounts for the year ended 31 March 2023, which have been prepared in accordance with the statement of Recommended Pr8ctlce 20)5. and the Charities Act 2011. Structure Governance and M na Gowmln8 document The Merseyside Christian Fellowshlp Is constituted by a Declaration of Trust dated 20 July 1978. Tru$lee$ J M 81uett-Duncan J.E. B1utsttnC8n A Harrison S.N Howes N.J. Wik Risk Manag•m8nt Thè trustees have a duty to identify and review the risks to which the charity is exposed ènd to ensure appropriate controls are In place to provide reasonable assurance agalnst fiaud and erTOr, and Activities The objectives of the Charlty are to proclalm and further ihe Gospel of God by preachlng and teachln8 of the Christlan falth throughout the Unlted Klngdom and elsewhere. We are fosterln8 Ilnks wlth other churches acr055 the clty to undertake joint events. Revlew of ro ress and achlevements The trustees have consldered the 8uidance produced by the Charlty Commlssion on the provlsion of publlc benefit in their activities for the year ended 31st March 2023. Intemational Aid The Trust continues to pay the salaries of all the staff at N'Tara Christian School in Uganda. We also sent addrtional fijnds towards the building work on classrooms. Pa8e 2
MERSEYSIDE CHRISTIAN FELLOWSHIP Trvstees Annual Report for the year ended 31 March 2023 Revlew ol prozress and achlevements l¢ontlnued) South Afrlca - F The Trust conttnued to support the development of the Firlands Blble colle8e property In South Afrlca with donations. We sent donations to Sri Lanka to support an orphanage and stru88lln8 families. en Doo Major persecutlon of Chrlstlans In many countrie5 around the world is a serlously growlng Issue. The charlty Opon Doors works to support people In the worst sltuatlons and annually prepares and publlshes a world- watch Ilst of such places. MCF has supported relief work through personal donatlons. men The Charlty plans to wntinue to develop Its activities In accordance with Its oblectives and aims. The Trustees have revSewed the charlty's needs for reserves In line wlth the 8uidance Issued by Ihe Charlty Commisslon and consider it prudent that unrestrlcted reserves should be sufficient to avoid the necessity to reallse fixed assets and cover possible risk scenari05. At 31 March 2023 the Trustee5 are confident that future income will enable the Charity to meet its foreseeable needs on the basis of planned actlvity. Full detalls Df the financSal transactions are contalned In the attached accounts. The total incomlng resources for the year were £118.35012022.' £111,240) and. ofter deducting resource5 expended of £121,27912022.. E 118.011 I, the net expenditvre was £2.92912022.' £6.7711. The net assets of the Charlty at 31 March 2023 were £122.04112022 . £124,970). The Trustees Report was approved on29 li Izg and slgned on thelr behalf by- jm Bluett-Duncan Chalrman Page 3
MERSEYSIDE CHRISTIAN FELLOWSHIP Statrment of Trustees Responslbllltles for the year ended 31 March 2023 The trustees are responsible for preparlng the Report of the Trustees and the financlal statements in accordance with applicable law and United Kingdom Accounting Standards. The law applicable to charities In England and Wales. the Charity Art 2011 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial yearwhich give a true and fair view of the state of affairs of the charity and of the incoming resources and applicatlon of resources. including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to Select Suitable accounting policies and then apply them consistently; obseNe the methods and principles in the Charity SORP; make judgements and estimates that are reasonable and prudent.. prepare the financial statements on the going concem basis unles5 It 15 inappropriate to presume that the charity will continue in business. The trustee5 are respon51ble for keepln8 proper accountin8 records whlch dlsclose wlth 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 Art 2011 and the provislons of the trust deed. They are also responsible for safeguarding the a5set5 of the charity and hence for tsking reasonable steps for the prevention and detertion of fraud and other irre8ularltles. Page 4
MERSEYSIDE CHRisfiAN FELLOWSHIP Independent Exarninerf5 Report to the Trustees of Merseyslde Chrlstlan Fellowshlp for the year ended 31 March 2023 I report on the accounts of the Trust for the year ended 31 March 2023, which are Set out on pages 6 to 10. Respective Responslbllltles of Trustee5 and Examlner As the chariws trustees you are responsible for the preparation of the accounts: you considerthat the audit requirement of Section 144 of the Charities Act 2011 (the Charlties Act) does not apply. It is my responsibility to state, on the basis of procedure5 specified in the General Direction5 given by the Charity Commission under Section 14515llbl of the Charities Act. whether particular matters have come to my attention. Basis of Independent Exarninerf5 Report My examination was carried out in accordance wlth the general directlons given by the Charity Commissioners. An examlnation includes a review of the accountlng records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of afty unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evldence that would be required In an audit and, consequently. I do not expre55 an audit opinion on the vlew Eiven by the accounts. Independent Examlnerf5 Statement In connection with my examination, no matter has come to my attentlon.. 11 Which gives me rea50nable cause to be believe that, in any material respects, the requirements lal To keep accountlng record5 In accordance wlth Charltles SORP IFRS1021 Ibl To prepare accounts which accord with the accounting records and io comply wlth the accounting requlfements of the 2011 Charities Act have not been met- or 21 to whlch. In my oplnlon. attentlon should be drawn in order to enable a proper understandln8 of the accounts to be reached. utcliffe FCCA Torevell Dent Limited Chartered Certlfied Accountant 1-3 St Ann's Place Pellon Lane Halrfax HXI 5RB Date Page 5
MERSEYSIDE CHRISTIAN FELLOWSHIP statement of Flnanclal Activltles lorthe yearended 31 March 2023 2023 Totsl Funds 2022 Totsl Funds Unrestricted Funds Restrlcted Fund5 Notes Incomlnz Resources: Income & Endowments from: Donation & Legacies Other income 101.147 240 16,963 118,110 240 110.990 250 Total 101.387 16.963 118,350 111.240 Resources Expended: Expendlture on: Charltable a¢tivltles Other 100,762 1.350 19,167 119.929 1.350 116.661 1.350 Totsl 102.112 19,167 121,279 118,011 Net Incom5n81(Expendlture) 17251 12,2041 (2,9291 (6,771) Transfer between funds 11.0971 1.097 Total funds brought forward 130,064 15,0941 124,970 131.741 Total fund5 carrled forward 128,242 16,2011 122,041 124,970 Page 6
MERSEY51DE CHRISTIAN FELLOWSHIP Balance Sheet tor the year ended 31 March 2023 2023 rotal Funds 2022 Total Funds Unreslrlcted Re5trfrted Funds Funds Notes Flxed Assets Tanglble assets 93.220 93,220 93,306 Current Assets Debtors Cash ai bank 11.479 20.266 11,479 20,266 12.640 21,648 Total current assets 31,745 31.745 34,288 Credltor5: Amounts falllng due wlthln one yff•r 12,9241 12,9241 12,6241 Net current assets 28,821 28,821 31.664 Total Nwt Asstts 122,041 122,041 124,970 Fund5 gf the Charlty Unrestiicted lund5 Restricted funds 128,242 16,2011 130,064 15,0941 Total funds 122,041 114,970 The financial statements were approved by the Trustees on the 4lile9 and signed on thelr behall by:_ J.M. 81uett-Duncan Trusl•o Page 7
MERSEYSIDE CHRISTIAN FELLOWSHIP Notes to the Accounts forthe year ended 31 March 2023 Accounting Policies a) Accountlng Conventlon The financial statements have been prepared under the historical Cost convention. and in ccordance wlth appllcable Accountin8 Standards IFR51021, and the Charities Act 2011. bl Incominz Resources All incoming resources are included on the Statement of Financial Activities when the charity Is legally entitled to the income and the amount can be quantified with reasonable accuracy. cl Resources Empended Resources expended comprlse all expenditure directly relating to the objects of the charlty. When necessary. costs are allocated between direct charitable expenditure, fund raising and mana8ement and administration on an equitable basls dl Flxed Assets Depreciation Is provlded at the followln8 annual rates In order to write off each a$5et over Its estimated useful life. Freehold Property Equipment 25% on written down value No depreciation is charged on Freehold Property as this is maintained to a standard to ensure that Sts value is at least equal to the value at which it is disclosed in the Financial Statements. e) Taxatlon The charlty Is exempt from tax on Its charltable actlvltles. fl Fund Accounting Unrestrfcted funds can be used in accordance with the charitable objectives at the discretlon of the trustees. Restrlcted funds can only be used for partlcular restricted purposes wlthSn the objects of the charity. Restrictions arise when specified by the donor or when funds a raised for partlcular restricted purposes. Pa8e 8
MERSEYSIDE CHRISTIAN FELLOWSHIP Notes to the Accounts for the year ended 31 March 2023 Resources Expended 2013 Total Funds 2022 Total Funds Unrestrirted Funds Restrlrted Funds Charitable actiylties: Minislry support e>pènses Charitable 91fts prne$ ewenses Adminislralion costs Events arml activbties Depreeialk)n 38,559 35,969 13,473 9,967 2,708 86 38,559 55,136 13,473 9.967 2,708 86 38,1J)I 60,334 6,165 10,313 1,733 115 19,167 100,762 19.167 119.929 116,661 Governance costs: Indeperxlenl examlnatp)n 1,350 1,350 Tangible Fixed Assels Richmond Park Exten51on Equlpment Total At l April 2022 Additions 39,068 53,894 31,612 124,574 At 31 Marth 2023 39,068 53.894 31612 124,574 recSation At l April 2022 Ch8r8e lor the perlod 31,268 86 31,268 86 At 31 M•r¢h 2023 31,354 31,354 Net Book Value At31 Marth 2023 39.068 53,894 258 93,220 At 31 March Z022 39,068 53,894 93.306 Pase 9
MERSEYSIDE CHRISTIAN FELLOWSHIP Note5 to the Accounts lor the year ended 31 March 2023 Debtor5 and prepawnents 2023 Total Funds 2022 Total Funds Unrestricted Funds Restricted Funds Income tax recoverable Other Debtors 11,479 11,479 12,240 4fKI 11,479 IIN79 12,640 Credltors- due wlthln one year 2023 Total Funds 2022 Total Funds Vnrestrlcted Funds Re5trlrted Funds Accrua15 2,924 2,924 2,624 2,924 2,924 2,6Z4 Transactions with trustèes None of the trustees received a salary or expenses In 2022 or 2023. Page 10