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2021-12-31-accounts

REGISTERED CHARITY NUMBER: 278809

Report of the Trustees and

Financial Statements For The Year Ended 31st December 2021

for

Christ Central London

Baker Britt Chartered Accountants 63 High Street Chislehurst Kent BR7 5BE

Christ Central London

Reference and Administrative Details For The Year Ended 31st December 2021

TRUSTEES Mr A J Binstead (resigned 30/4/2021) Ms P Dyson Mr G Steele Mr C Hall Ms R Horsley (appointed 1/9/2021) Mr M Webb (appointed 1/9/2021) Ms E Trim (appointed 1/3/2022) PRINCIPAL ADDRESS Green Lane Penge London SE20 7JA REGISTERED CHARITY 278809 NUMBER INDEPENDENT EXAMINER Baker Britt Chartered Accountants 63 High Street Chislehurst Kent BR7 5BE SOLICITORS Thackray Williams Kings House 32-40 Widmore Road Bromley Kent BR1 1RY

Page 1

Christ Central London

Report of the Trustees For The Year Ended 31st December 2021

The trustees present their report with the financial statements of the charity for the year ended 31st December 2021. The trustees have adopted the provisions of 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

Vision

The Charity is a Christian church committed to knowing Jesus, loving Jesus and living for Jesus as the body of Christ. Its vision is to bring truth and hope to our community, and beyond to the nations.

Vision statement

We are to be a church that resources and releases people into their destiny and calling in Christ Jesus both locally and globally.

Objectives for 2021

The elders knew that we needed to increase the leadership base to accommodate the resignations of both full time elders (Richie Powell and Max Eaton). A number of church members stepped up in a voluntary capacity to support the remaining volunteer eldership team.

As a result of the destabilising impacts of both full time elders leaving the church, plus Covid 19, the aims and objectives of 2021 were to stabilise the church both in its spiritual and day to day activities. (Support was sought and given by Hope Church Bromley and in particular Tony Hall as its senior pastor. Support was given on both a day to day capacity and also by Tony supporting the two voluntary elders in the day to day leadership of the Church.)

With that in mind our goals for 2021 were:

Volunteers

The trustees would like to thank the many volunteers who make such a valuable contribution to the successful operation of the Charity.

Page 2

Christ Central London

Report of the Trustees For The Year Ended 31st December 2021

ACHIEVEMENT AND PERFORMANCE

Praise and worship activities

When the church gathers, it is to praise and thank God for who he is and what He has done in our lives, in the community and in the nation. We believe that God cares for us and the community in which we live and has set His church in place to bring about His Kingdom in a needy world.

Our worship team is made up of sensitive and accomplished musicians who seek to excel in assisting God's people to express their gratitude and praise to an awesome God. With these guiding principles for 2021 we:

After the National Lockdown, we moved our mid-week group online to both in person and Zoom, and continued to meet that way for the remainder of the year. Weekly prayer meetings at the church building also restarted after the periods of lockdown.

Page 3

Christ Central London

Report of the Trustees For The Year Ended 31st December 2021

ACHIEVEMENT AND PERFORMANCE

Connect, Community and Equip groups

During 2021 group life continued to be a vital part of our church community. As all church activities moved online at certain points within 2021 so did small groups, they also met in person in church members homes.

Health, social and fitness outreach

Zumba - provided for adults in the form of dance and aerobic exercise held weekly at the church building. During Lockdown it took place online.

Morning Stars - based at the church building, provides a free, safe, comfortable and friendly environment for parents, grandparents and carers to bring their babies and toddlers. It is staffed by volunteer members and creates a fun-packed atmosphere of support. In 2021 we restarted morning stars much to the delight of the local community. (There is a voluntary contributions box to cover the cost of tea, coffee, biscuits and crafts.) However, as result of Covid lockdowns, Morning Stars ran, whenever it was permissible, in accordance with government guidelines with limited numbers to comply with a Covid-safe activity.

Silver Service - provides friendship, support and activities for the older members of the community (60+). It is staffed by members of the church, and attended by church members as well as those from the community. Transport is provided for residents from two local care homes. Some residents from one of the care homes also attend services on Sunday and help is provided in bringing them to and from the church building. This had to be suspended at various points within 2021 to ensure the safety of our elderly guests, but was able to reopen in accordance with Govt guidance.

Pilates - a mode of exercise focussed on developing core strength and enhancing function in daily life. Each session starts with a Bible verse and ends with a discussion on a current health issue. This also had to move online.

Walking group - for those who want to increase their fitness with a group of like-minded individuals. It gives opportunities for people to pray as they walk and get to know people better. This continued during lockdown, with the numbers of people that were allowed to walk each week adjusted according to the government guidelines.

Equip groups

Alpha: This is an opportunity for people to explore the Christian faith in a casual and relaxed environment. We had previously run this course in person, but due to the pandemic and lockdown, we ran Alpha in its entirety over Zoom. Thanks to a team of hard-working volunteers, we were able to complete the Alpha course, with around 10 guests.

Community groups

These run termly for 10-12 weeks and form the hub of the community life of the church; they are the central point of our group structure. All members are encouraged to take part in one of the community groups, which focus on growing together in God by studying the Bible, praying together, providing opportunities for using gifts, and providing support, encouragement and friendship.

Daytime ladies' prayer group - enjoying worship, friendship and focused prayer for our church, our leadership and various other requests.

Ladies' discipleship group - Where the mind goes a woman follows. A discipleship group for women of all ages, renewing minds according to God's word in order to have the abundant life he promises. A group for those who want to change by renewing the mind, changing one's thinking and one's life.

National and Overseas Activities

All national and international travel was cancelled due to Covid 19. NewDay conferences were cancelled.

Page 4

Christ Central London

Report of the Trustees For The Year Ended 31st December 2021

ACHIEVEMENT AND PERFORMANCE

Ecumenical relationships

We are a member of the Evangelical Alliance and, as stated above, are part of a world-wide family of churches known as 'Regions Beyond' which grew out of our affiliation with our larger New Frontiers Church family. We also have a healthy working and community relationship with most of the mainline Christian churches in our neighbourhood. We continue to offer the hand of friendship to local church leaders and to join with Regions Beyond leaders in an online capacity.

FINANCIAL REVIEW

Financial position

Total receipts on unrestricted funds amounted to £344,521 and those on restricted funds amounted to £17,293 and are detailed in the financial statements. The total costs of running the church amounted to £333,521 on unrestricted funds and £28,246 on restricted funds, including staff costs of £195,262 and grants and donations made of £19,921. The net result for the year was a surplus of £952 on unrestricted funds, which, when added to the unrestricted funds brought forward of £1,015,444, left funds of £1,016,396 to carry forward including the revaluation reserve. The net deficit on restricted funds of £905 was deducted from the balance of funds brought forward of £29,856 leaving funds of £28,951 to carry forward.

Investment policy

The trustees continue to monitor the cash resources and manage budgets accordingly.

Reserves policy

The trustees review this policy regularly and are satisfied that there are sufficient reserves available for the Charity to continue in the event of a reduction in regular income.

FUTURE PLANS

Building improvements - despite the set-backs caused to the refurbishment project by Covid 19 the church is still committed to reviewing the toilet provision and exploring what upgrades are feasible.

We are also looking into creating more space with our existing building to better serve the ministries run from there, whilst continuing to keep our facility in good operational order. Other maintenance to be carried out will include repainting the majority of the building to improve the look and feel which in parts have become very tired looking. This will be accompanied by new seating for our foyer areas to be used by Sunday morning attendees as well as mid week groups. Chairs with improved ergonomics will be purchased to help those with mobility issues.

Alpha - to run a second online Alpha course in early 2022. For many people, Alpha Online works better than Alpha in person, so we expect to continue this aspect of our ministry in the coming years.

Increase the leadership base - through training, creating opportunities and releasing responsibilities.

To put a staff handbook in place.

Covid - to plan for regathering safely whilst continuing our online presence.

Full health and safety review.

Safeguarding training for all volunteers and safer recruitment training (early 2022).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

The charity is governed by a trust deed dated 9th October 1979 as amended by deeds dated 26th July 2000 and 8th June 2009, a Trustees resolution dated 25th October 2010 and a trust deed dated 5th February 2019.

Operating name

The charity operates under the name of Christ Central London.

Page 5

Christ Central London

Report of the Trustees For The Year Ended 31st December 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

Trustees are appointed from within the church membership and the power of appointment and removal is vested in the church elders.

Organisational Structure

We continue to be a GDPR compliant church, and have obtained cyber insurance to cover any liability. Regular training is received by staff.

The trustees meet as a body regularly throughout the year and virtually, by means of electronic communication. The charity's activities are run by team leaders who liaise with the elders to discuss management issues, progress, training and developments. Finally, the elders meet regularly with the full-time team to review the overall church activities.

Management

Alan Binstead stepped down from the role of Trustee in April 2021 after 20+ years of service. Chris Hall has since taken on the responsibility Chair of Trustees. In 2021 it was agreed to increase the Trustee group to 5 people.

The Charity's day-to-day activities are carried out by a dedicated team of full and part-time staff and volunteers who are overseen by the elders of the church. The elders, together with the trustees, establish policies and guidance to ensure that the Charity's aims and objectives are met. The full-time team who served in 2021 was as follows:

Richie Powell - Senior pastor and elder (stepped down Dec 2021) Max Eaton - Pastor and elder (stepped down June 2021)

The part-time team who served in 2021 was as follows:

Chris Smith - Pastor/Teacher Ken Kitson - Finance Michelle Solley - Administrator Susanne Marsden - Communications & integration manager

Sam Hailes - Pastor and elder (stepped down Sept 2021, but remains an elder in a voluntary capacity) Christina Borteye - Youth worker

By the end of 2021 the charity had seen both its full time elders step down from their roles. We continued to have leadership from two volunteer elders whilst Chris Smith's working week was increased to help with the day to day operation of the Church.

Membership

The church operates a membership scheme with 117 adult members as at 31.12.20, although many of the church's activities are open to the whole community. This is a reduction from the 170 members from 2020.In 2021 our Sunday morning meetings were well attended by members as well as many visitors from London and abroad. Due to the impact of Covid 19, church services were both in person and on line in accordance with the Govt guidelines for meeting in large groups. The elders hold regular Family Meetings to impart vision, share strategy and discuss the business matters of the church. During 2021 we ceased meeting as a Crystal Palace congregation and returned to meeting in one location, Penge.

Related parties

The freehold property is held in the names of A J Binstead, P Dyson, C Hall and G Steele.

Page 6

Christ Central London

Report of the Trustees For The Year Ended 31st December 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management

The trustees and elders regularly review the major risks to which the Charity is exposed. Where appropriate, policies, systems and procedures have been established to mitigate risks the Charity faces. The Charity maintains full public liability insurance. It ensures a comprehensive Child Protection policy which is applied to all our children's and youth work, as well as a Vulnerable Adults policy which is applied to our work with vulnerable adults. The policies were updated in November 2020.

An employment safeguarding day was held in February 2020 to train and resource youth workers, children's workers and those working with vulnerable adults in all matters pertaining to staff safeguarding. The next scheduled training will take place in February 2022.

As a result of Covid 19 restrictions Risk Assessments were carried out for all church activities in accordance with government guidelines and updated monthly. This included the implementation of temperature checks, Track and Trace and booking systems for all physically gathered activities. Permission was required from parents for children under 18 years old to be involved in video conferencing. There was extra cleaning and sanitising of the whole building.

Approved by order of the board of trustees on 26th July 2022 and signed on its behalf by:

Mr C Hall - Trustee

Page 7

Independent Examiner's Report to the Trustees of Christ Central London

Independent examiner's report to the trustees of Christ Central London

I report to the charity trustees on my examination of the accounts of Christ Central London (the Trust) for the year ended 31st December 2021.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies.

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 respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. the accounts do 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.

P E Britt FCA ICAEW Baker Britt Chartered Accountants 63 High Street Chislehurst Kent BR7 5BE

26th July 2022

Page 8

Christ Central London

Statement of Financial Activities For The Year Ended 31st December 2021

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
2
Total
EXPENDITURE ON
Charitable activities
3
Activities undertaken directly
Support costs
Governance costs
Grant funding activities
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
15
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
344,486
35
344,521
194,589
97,866
21,145
19,921
333,521
11,000
(10,048)
952
1,015,444
1,016,396		 Restricted
funds
£
17,293
-
17,293
750
-
-
27,496
28,246
(10,953)
10,048
(905)
29,856
28,951		 2021
Total
funds
£
361,779
35
361,814
195,339
97,866
21,145
47,417
361,767
47
-
47
1,045,300
1,045,347		 2020
Total
funds
£
441,174
241
441,415
219,134
101,709
5,340
27,627
353,810
87,605
-
87,605
957,695
1,045,300

The notes form part of these financial statements

Page 9

Christ Central London

Statement of Financial Position 31st December 2021

Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
11
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
12
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year 13
NET ASSETS
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
681,525
20,266
437,049
457,315
(26,163)
431,152
1,112,677
(96,281)
1,016,396		 Restricted
funds
£
-
-
28,951
28,951
-
28,951
28,951
-
28,951		 2021
Total
funds
£
681,525
20,266
466,000
486,266
(26,163)
460,103
1,141,628
(96,281)
1,045,347
1,016,396
28,951
1,045,347		 2020
Total
funds
£
707,325
8,404
469,041
477,445
(31,257)
446,188
1,153,513
(108,213)
1,045,300
1,015,444
29,856
1,045,300

The financial statements were approved by the Board of Trustees and authorised for issue on 26th July 2022 and were signed on its behalf by:

Mr C Hall - Trustee

Mr G Steele - Trustee

The notes form part of these financial statements

Page 10

Christ Central London

Notes to the Financial Statements For The Year Ended 31st December 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost Plant and machinery - 25% on cost Fixtures and fittings - 25% on cost

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Page 11

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2021

2.
INVESTMENT INCOME
Deposit account interest
3.
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 4)
£
Activities undertaken directly
195,339
Support costs
97,866
Governance costs
6,805
Grant funding activities
-
300,010
4.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Rates and water
Other establishment
Telephone
Repairs and maintenance
Motor vehicle expenses
Legal and professional fees
Other Office Costs
Publications and subscriptions
Equipment repairs
Purchases
Direct - Evangelism
Direct - Social Action Food Ba
Direct - Cell Group
Direct - Church Services Exps
Direct - Worship/Band
Direct - Conference
Direct - Youth Activities
Direct - Social Functions
Direct - Football Club
Direct - Training
Depreciation
Interest payable and similar charges		 Grant
funding of
activities
(see note
5)
£
-
-
-
47,417
47,417		 2021
£
35
Support
costs (see
note 6)
£
-
-
14,340
-
14,340
2021
£
195,262
230
15,520
12,092
12,946
-
6,805
3,116
1,622
1,234
87
228
-
1,016
2,648
-
2,051
7,528
233
-
-
31,764
5,628
300,010		 2020
£
241
Totals
£
195,339
97,866
21,145
47,417
361,767
2020
£
208,222
859
19,950
11,287
9,393
848
5,340
5,404
1,706
7,446
59
249
2,026
6,689
1,234
99
3,518
4,836
-
95
29
30,605
6,289
326,183

Page 12

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2021

5. GRANTS PAYABLE

----- Start of picture text -----
|||| |---|---|---| |2021|2020| |£|£| |Grant funding activities|47,417|27,627| |The total grants paid to institutions during the year was as follows:| |2021|2020| |£|£| |Grants to institutions|45,039|19,400| |The total grants paid to individuals during the year was as follows:| |2021|2020| |£|£| |Grants to Individuals|2,378|8,227| |SUPPORT COSTS| |Governance| |costs| |£| |Governance costs|14,340| |Support costs, included in the above, are as follows:|

----- End of picture text -----

6. SUPPORT COSTS

Governance costs

----- Start of picture text -----
||| |---|---| |2021|2020| |Governance|Total| |costs|activities| |£|£| |-| |Exceptional items|14,340|

----- End of picture text -----

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st December 2021 nor for the year ended 31st December 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st December 2021 nor for the year ended 31st December 2020.

8. STAFF COSTS

No employee received employee benefits of more than £60,000 during the year (2020: £nil).

Page 13

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2021

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
Total
EXPENDITURE ON
Charitable activities
Activities undertaken directly
Support costs
Governance costs
Grant funding activities
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
10.
TANGIBLE FIXED ASSETS
COST
At 1st January 2021
Additions
At 31st December 2021
DEPRECIATION
At 1st January 2021
Charge for year
At 31st December 2021
NET BOOK VALUE
At 31st December 2021
At 31st December 2020		 Freehold
property
£
1,006,122
-
1,006,122
315,113
20,123
335,236
670,886
691,009		 Unrestricted
funds
£
427,455
241
427,696
212,561
101,709
5,340
27,627
347,237
80,459
934,985
1,015,444
Plant and
machinery
£
50,192
2,756
52,948
37,855
7,049
44,904
8,044
12,337		 Restricted
funds
£
13,719
-
13,719
6,573
-
-
-
6,573
7,146
22,710
29,856
Fixtures
and
fittings
£
15,157
3,208
18,365
11,178
4,592
15,770
2,595
3,979		 Total
funds
£
441,174
241
441,415
219,134
101,709
5,340
27,627
353,810
87,605
957,695
1,045,300
Totals
£
1,071,471
5,964
1,077,435
364,146
31,764
395,910
681,525
707,325

During a previous period a professional valuation was carried out by a firm of chartered surveyors who valued the building at £1,020,000. The original cost of the property was £320,000 and improvements to date amount to £636,122.

Page 14

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2021

10. TANGIBLE FIXED ASSETS - continued

The bank holds a first charge on the freehold premises in support of the borrowing facilities as detailed in the Loan note.

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other debtors
Prepayments
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 14)
Taxation and social security
Other creditors
13.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 14)		 2021
2020
£
£
17,545
8,404
2,721
-
20,266
8,404
2021
2020
£
£
17,559
17,559
3,089
7,969
5,515
5,729
26,163
31,257

2021
2020
£
£
96,281
108,213

14. LOANS

During 2019, the charity took out a bank loan for £140,000 which is repayable within 10 years and is interest bearing. The charity is making equal monthly repayments of capital and interest.

Security for the loan has been granted by the Trustees on the The Kings Hall, Green Lane, London and its associated assets.

15. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Revaluation Reserve
Restricted funds
Special Collections
London Community Fund
Youth Activities
Building refurbishment
TOTAL FUNDS		 At 1/1/21
£
985,444
30,000
1,015,444
6,458
810
403
22,185
29,856
1,045,300		 Net
movement
in funds
£
11,000
-
11,000
(10,401)
-
198
(750)
(10,953)
47		 Transfers
between
funds
£
(9,048)
(1,000)
(10,048)
11,459
(810)
(601)
-
10,048
-		 At
31/12/21
£
987,396
29,000
1,016,396
7,516
-
-
21,435
28,951
1,045,347

Page 15

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2021

15. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Special Collections
Youth Activities
Building refurbishment
TOTAL FUNDS		 Incoming
resources
£
344,521
17,095
198
-
17,293
361,814		 Resources
Movement
expended
in funds
£
£
(333,521)
11,000
(27,496)
(10,401)
-
198
(750)
(750)
(28,246)
(10,953)
(361,767)
47

Comparatives for movement in funds

Unrestricted funds
General fund
Revaluation Reserve
Restricted funds
Special Collections
London Community Fund
Youth Activities
Building refurbishment
TOTAL FUNDS		 At 1/1/20
£
903,985
31,000
934,985
-
810
-
21,900
22,710
957,695		 Net
movement
in funds
£
80,459
-
80,459
6,458
-
403
285
7,146
87,605		 Transfers
between
At
funds
31/12/20
£
£
1,000
985,444
(1,000)
30,000
-
1,015,444
-
6,458
-
810
-
403
-
22,185
-
29,856
-
1,045,300

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Special Collections
Youth Activities
Building refurbishment
TOTAL FUNDS		 Incoming
resources
£
427,696
13,031
403
285
13,719
441,415		 Resources
Movement
expended
in funds
£
£
(347,237)
80,459
(6,573)
6,458
-
403
-
285
(6,573)
7,146
(353,810)
87,605

Page 16

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2021

15. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Revaluation Reserve
Restricted funds
Special Collections
London Community Fund
Youth Activities
Building refurbishment
TOTAL FUNDS		 At 1/1/20
£
903,985
31,000
934,985
-
810
-
21,900
22,710
957,695		 Net
movement
in funds
£
91,459
-
91,459
(3,943)
-
601
(465)
(3,807)
87,652		 Transfers
between
funds
£
(8,048)
(2,000)
(10,048)
11,459
(810)
(601)
-
10,048
-		 At
31/12/21
£
987,396
29,000
1,016,396
7,516
-
-
21,435
28,951
1,045,347

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Special Collections
Youth Activities
Building refurbishment
TOTAL FUNDS		 Incoming
resources
£
772,217
30,126
601
285
31,012
803,229		 Resources
Movement
expended
in funds
£
£
(680,758)
91,459
(34,069)
(3,943)
-
601
(750)
(465)
(34,819)
(3,807)
(715,577)
87,652

16. RELATED PARTY DISCLOSURES

The freehold property is held in the names of the Trustees of the charity.

Page 17

Christ Central London

Detailed Statement of Financial Activities For The Year Ended 31st December 2021

INCOME AND ENDOWMENTS
Donations and legacies
Covenanted Giving
Youth activities
Mission
Income Tax Recovered
Investment income
Deposit account interest
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Rates and water
Other establishment
Telephone
Repairs and maintenance
Motor vehicle expenses
Legal and professional fees
Other Office Costs
Publications and subscriptions
Equipment repairs
Purchases
Direct - Evangelism
Direct - Social Action Food Ba
Direct - Cell Group
Direct - Church Services Exps
Direct - Worship/Band
Direct - Conference
Direct - Youth Activities
Direct - Social Functions
Direct - Football Club
Direct - Training
Fixtures and fittings
Bank loan interest
Grants to institutions
Grants to individuals
Support costs
Governance costs
Exceptional items		 2021
£
299,192
199
1,058
61,330
361,779
35
361,814
169,883
10,915
14,464
230
15,520
12,092
12,946
-
6,805
3,116
1,622
1,234
87
228
-
1,016
2,648
-
2,051
7,528
233
-
-
31,764
5,628
45,039
2,378
347,427
14,340		 2020
£
359,470
4,702
1,542
75,460
441,174
241
441,415
182,333
11,394
14,495
859
19,950
11,287
9,393
848
5,340
5,404
1,706
7,446
59
249
2,026
6,689
1,234
99
3,518
4,836
-
95
29
30,605
6,289
19,400
8,227
353,810
-

This page does not form part of the statutory financial statements

Page 18

Christ Central London

Detailed Statement of Financial Activities For The Year Ended 31st December 2021

Total resources expended
Net income		 2021
£
361,767
47		 2020
£
353,810
87,605

This page does not form part of the statutory financial statements

Page 19

Christ Central London

Contents of the Financial Statements For The Year Ended 31st December 2021

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Statement of Financial Position 10
Notes to the Financial Statements 11 to 17
Detailed Statement of Financial Activities 18 to 19