| Trustees' Annual From 6th April 2020 Chi |
Re | port To |
for the 5th April |
period 2021 |
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| arty name: | Green | Pastures Christian Centre |
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| Charity registration number: |
289377 | |||
| Objectives and Activities | ||||
| SORP reference | ||||
| Summary ofthe purposes of the charity as set out in its governing document Summary ofthe main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para Para 1.19 |
1 17 1.17and |
To promote the Christian gospel &to provide a place for Christians ofall denominations to meet for fellowship, ra er 8 teachin The Centre is normally used as a place for retreat &restoration but, due to the Covid19 lock-down, activity this year has been minimal. Sunday morning worship was also suspended for most ofthe year |
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| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para | 1 18 | The trustees have had regard to the public benefit guidance. Sunday meetings for prayer &fellowship are open to the general public, when permitted. |
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| Additional information (optional) You ma choose to include further statements |
where relevant about: |
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| SORP | reference | |||
| Policy on grant making | ||||
| Para 1.38 | ||||
| Policy on social investment | ||||
| including program related investment |
Para 1 |
38 | ||
| Contribution made by volunteers |
Para 1.38 | The Charity is grateful for the unstinting efforts ofits 2volunteers during the year, who were involved in providing bookkeeping services and land work. |
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| Other |
| SCRP reference | |||
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| Ilr & INrs Thornhill continue to act as |
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| Summary ofthe main achievements ofthe charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | general managers 8 resident caretakers ofthe property. The land 8 buildings are managed by the trustees & INr Thornhill maintains the property on a voluntary basis. There were no church meetings nor letting of buildings during the year due to lockdown. This enabled INr Thornhill to make repairs &renewals to Beulah 8 Berachah, and the main house. Staging was built in Beulah for new sound |
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| equipment. The heating system was updated with new radiators installed. INr |
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| Thornhill also planted trees &shrubs 8 renewed fencing along the boundary of the grounds. The condition ofthe pasture land was improved with farrowing, weedkilling 8 fertilising. Grass had to be re-seeded due to badger damage. |
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| Additional information (optional) You ma choose to include further statements |
where relevant about: |
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| Achievements against |
Para 1.41 | ||
| objectives set | |||
| Performance offundraising |
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| activities against objectives | Para 1.41 | ||
| set | |||
| Investment periormance against objectives |
Para 1.41 | The trustees' investment policy is based on ethical principles. The investments are shown at market value at the year end. There was a decrease in investment income from |
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| 67,948to 66,298 and an increase in |
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| investment capital from 6177,913to '2209,351. |
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| Other |
| Financial Review |
Financial Review |
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| Review ofthe charity's financial position at the end ofthe eriod |
Para 1.21 | There was a surplus in the year of 635,394(2020 deficit 685,034). |
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| Statement explaining the policy for holding reserves statin wh the are held Amount ofreserves held |
Para 1.22 Para 1.22 |
The trustees are aware ofthe deficit on unrestricted funds and are attempting to reverse this situation. The deficit on unrestricted reserves has been decreased from 643,163in 2020 to 640„265. Endowment funds at 5th April 2021 were K1,767,808. |
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| Reasons for holding zero | Para 1.22 | ||
| reserves | |||
| Details offund materially | in | Para 1.24 | |
| deficit | |||
| Explanation ofany |
Para 1.23 | ||
| uncertainties about the |
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| charity continuing as a going |
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| concern | |||
| Additional information (optional) You ma choose to include further statements The charity's principal sources offunds (including any fundraising) Para 1.47 |
where relevant about The charity is financed by income from investments, from hiring out the buildings 8 from donations |
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| Investment policy and objectives including any social investment policy |
Para 1.43 | The trustees' investment policy is based on ethical principles. No money was drawn down from capital during the year. |
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| adopted | |||
| Fluctuating investments can cause short |
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| A description ofthe principal risks facing the charity |
Para 1.46 | term problems. The investments are managed by our investment advisors, Redmayne Bentley. There was an increase in their value over the year due to the global market being boosted by the Covid vaccine approvals. However, there is also uncertainty in the next year with businesses requiring government financial relief, Brexit trade restrictions 8 Asian market intervention. |
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| In addition, due to the Covid restrictions ofsocial distancing 8 hygienic cleaning it has not been practical or economic to hire out the buildings to other churches who are also suffering from diminished income 8r donors. |
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| Other |
| Description of charity's |
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| trusts: | ||||||
| Type ofgoverning document trust deed, ro al charter How is the charity constituted? |
Para Para |
1 25 1.25 |
Trust Deed dated 6th amended on 1st Au It is managed by the |
April 1984as ust 2011 Board ofTrustees |
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| (e.g unincorporated | ||||||
| association, CIO |
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| Trustee selection methods including details ofany constitutional provisions e.g. election to post or name of |
Para | 1.25 | The power of vested in the trustees. |
appointing surviving |
new trustees is or continuing |
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| any person or body entitled | ||||||
| to appoint one or more | ||||||
| trustees |
| Additional information (optional) You ma choose to include further statements Policies and procedures |
Additional information (optional) You ma choose to include further statements Policies and procedures |
Additional information (optional) You ma choose to include further statements Policies and procedures |
Additional information (optional) You ma choose to include further statements Policies and procedures |
Additional information (optional) You ma choose to include further statements Policies and procedures |
where relevant | about: |
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| adopted | for | the induction | and | |||
| training | oftrustees | |||||
| Para 1.51 | ||||||
| The charity's | organisational | |||||
| structure | and any wider | |||||
| network | with | which the | ||||
| charity works | Para 1.51 | |||||
| Relationship | with any related | Para 1.51 | ||||
| parties | ||||||
| Other |
| Description ofthe assets |
Description ofthe assets |
|---|---|
| held in this capacity | |
| Name and objects ofthe | |
| charity on whose behalf | the |
| assets are held and how | this |
| falls within the custodian | |
| charity's objects |
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| Details of arrangements safe custody and |
for |
| segregation ofsuch assets |
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| from the charity's own assets |
| Type of adviser |
Name | Address | ||||
|---|---|---|---|---|---|---|
| Investmen t |
Redmayne Bentley Stockbrokers |
9 Bond Court, | Leeds, LS1 2JZ | |||
| Accounta nts |
Sally Grant Chartered |
Ltd | 3 Ladybridge | Road, Waterlooville, | Hampshire | PO7 5RP |
| Accountants |
| Note | Unrestricted | Endowment | Endowment | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2021 | 2021 | 2020 | ||||||
| lucoming Resources: | |||||||||
| Donations | |||||||||
| 24,236 | 0 | 24,236 | 16,869 | ||||||
| Investment income |
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| 6,298 | 6,298 | 7,948 | |||||||
| Charitable activities |
950 | 0 | 950 | 1,705 | |||||
| Total income | 25,186 | 6,298 | 31,484 | 26,522 | |||||
| Resources expended: | |||||||||
| Charitable activities |
23,695 | 0 | 23,695 | 21,251 | |||||
| Raising funds/ capital management |
2,114 | 2,114 | 2,244 | ||||||
| Other | |||||||||
| 3,833 | 0 | 3,833 | 6,755 | ||||||
| Total expenditure | 27,528 | 2,114 | 29,642 | 30,250 | |||||
| Net income before investment | gains/ | (losses) | -2,342 | 4,184 | 1,842 | -3,728 | |||
| Net realised gains/(-)losses | on investments | 0 | 9,649 | 9,649 | -],303 | ||||
| Transfers between funds (investment |
income less | ||||||||
| 50% management charges |
for | income management) | 5,240 | -5,240 | |||||
| Other recognised gains/(-)losses: |
2,898 | 8,593 | 11,491 | -5,031 | |||||
| Vnrealised gains(-)/(losses) |
on investments | 0 | 23,903 | 23,903 | -30,003 | ||||
| Gains/(-)losses on revniuation |
of | fixed assets | 0 | 0 | 0 | -50,000 | |||
| Nct Movement in funds |
2,898 | 32,496 | 35,394 | -85,034 | |||||
| Reconciliation ofFunds: |
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| Total funds brought forward |
-43,163 | 1,735,312 | 1,692,149 | 1,777,183 | |||||
| Total funds carried forward | 40~265 | 1 | 767~808 | 1 727~543 | 1~692~149 |
| Green Pastures Ch Balance Sheet at 5 |
ristian Centre April 2020 |
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| Note | |||||
| 2020 | |||||
| lYixed Assets | |||||
| Tangible assets |
I,502,980 | 1,505,906 | |||
| Investments | 10 | 209,351 | 177,913 | ||
| Total lrixed Assets | H,712,331 | 81,683,819 | |||
| Current Assets | |||||
| 'Cash at baal& "Sundry debtors and |
prepayments | l3,948 4,557 |
7,854 4,454 |
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| 18,505 | 12,308 | ||||
| Creditors: amounts | falling due within | one year | 3,293 | 3,978 | |
| Net Curreut Assets | 815,212 | 08,330 | |||
| Total Net Assets | Il,727,543 | KI,692&149 | |||
| Fuhds ofthe Charity: | |||||
| Endowment fuuds Unrestricted funds |
1,767,808 -40,265 |
],735,312 -43,163 |
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| Total funds | f.1,727,543 | g1,692,149 |
| Analysis ofIncome | 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|---|
| 2. Donations and legacies |
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| Collections | ||||||||
| Gifts and donations | 865 | 1,453 | ||||||
| 23,371 | 15,416 | |||||||
| 24,23G | 16&869 | |||||||
| 3. Investmcnt income |
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| Bank interest | ||||||||
| Dividends | 1 | |||||||
| 6,297 | 7,947 | |||||||
| 6,298 | 7,948 | |||||||
| 4. Income from charitable | activities | |||||||
| Building and room |
hire | |||||||
| Sundry income Profit on disposal ofmotor |
vehicle | 0 0 950 |
1,693 12 0 |
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| 950 | 1,705 | |||||||
| Analysis ofExpenditure | ||||||||
| 5. Expenditure on charitable |
activities | |||||||
| Maintenance ofpropetny Rates insurance and utilities Telephone and internet Printing, postage, stationety Speakers' expenses Publicity expenses |
&study books | 11,336 10,789 1,206 228 50 86 |
9,143 10,291 1,110 252 300 155 |
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| Z3,695 | 21,251 | |||||||
| 6. | Investment Management |
Costs | ||||||
| Investment management |
charges (50'/o income/ | 50'/a capital) | 2,114 | 2,244 | ||||
| Z,114 | Z,244 | |||||||
| 7. | Other | |||||||
| Motor expenses Travel |
258 | 1,781 | ||||||
| 261 | 176 | |||||||
| Independent Examiner's Legal and professional |
fees fees |
500 477 |
500 360 |
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| Sundry expenses | 56 | 210 | ||||||
| Depreciation | 2,281 | 3,728 | ||||||
| 3,833 | G,755 | |||||||
| 8. | Details ofcertain items | ofexpenditure | ||||||
| Fees for examination | of | the | accounts | |||||
| Independent examiner's |
fees | 500 | 500 | |||||
| 500 | 500 |
| Green Pastures Christian Centre Notes to Financial Statements -5April 2021 |
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| 2021 | 2020 | ||
| 9. Tangible Fixed Assets |
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| Land and buildings cost at 6 April 2020 Additions in year at cost |
331,369 | 331,369 | |
| Revaluation ofland and buildings in 2003 Revaluation ofland and buildings in 2008 Revaluation ofland and buildings in 2016 Revaluation ofland and buildings in 2019 Revaluation ofland and buildings in 2020 Balance at 5 April 2021 |
0 364,668 755,414 63,566 34,983 -50,000 1,500,000 |
0 364,668 755,414 63,566 34,983 -50,000 1,500,000 |
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| Plant and equipment cost at 6 April 2020 Plant and equipment additions in year Plant and equipment disposals in year Depreciation brought forward Depreciation on disposals Depreciation this year Written down value at 5 April 2021 |
20,580 525 -2,942 -19,251 2,942 -892 962 |
20,331 494 -245 -17,798 245 -1,698 1,329 |
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| Fixtures and fittings cost at 6 April 2020 Fixtures and fittings additions in year Fixtures and fittings disposals in year Depreciation brought forward Depreciation on disposals Depreciation this year Written'down value at 5 April 2021 |
18,052 230 -150 -14,875 112 -1,351 2,018 |
15,278 3,693 -919 -14,464 919 -1,330 3,177 |
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| Motor vehicle cost at 6 April 2020 Motor vehicles additions in year Motor vehicles disposals in year Depreciation brought forward Depreciation on disposals Depreciation this year Written down value at 5 April 2021 |
2,800 0 -2,800 -1,400 1,400 0 0 |
2,800 0 0 -700 0 -700 1,400 |
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| Total for Tangible Fixed A'ssets | K1,502,980 | X1,505,906 | |
| 10. | Investments | ||
| Investnients from estate ofM I Wilson |
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| at niarket value at 6 April 2020 Increase/(decrease) in cash held on deposit Additions at cost |
177,913 -2,133 |
211,468 6,210 |
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| Disposals at 5 April 2020 valuation Unrealised gains/(losses) in the year Market Value ofthc shares at 5April 2021 |
58,658 -48,990 23,903 K209,351 |
16,036 -25,798 -30,003 f177,913 |
| Unrestricted | Endowment | Total | ||||
|---|---|---|---|---|---|---|
| 2020 | 2020 | 2020 | ||||
| Incoming Resources: | ||||||
| Donations | 16,869 | 16,869 | ||||
| Investment income |
7,948 | 7,948 | ||||
| Charitable activities |
1,705 | 1,705 | ||||
| Total income | 18,574 | 7,948 | 26,522 | |||
| Resources expended: | ||||||
| Charitable activities |
21,251 | 21,251 | ||||
| Raising funds/ capital managenient |
2,244 | 2,244 | ||||
| Other | 6,755 | 6,755 | ||||
| Total expenditure | 28,006 | 2,244 | 30,250 | |||
| Net income before investment gains/(losses) |
-9,432 | 5,704 | -3,728 | |||
| Net realised gains/(-)losses | on | investments | -1,303 | -1,303 | ||
| Transfers between funds |
(Investment | income less 50% | ||||
| management charges for |
income management) | 6 826 | -G,826 | |||
| Other recognised gains/(-)losses: |
-2,606 | -2,425 | -5,031 | |||
| Unrealised gains(-)/(losses) |
on | investments | -30,003 | -30,003 | ||
| Gains/(-)losses on revaluation |
offixed | assets | -50,000 | -50,000 | ||
| Net Movement in funds Reconciliation ofFunds: |
-2,606 | -82,428 | -85,034 | |||
| Total funds brought forward |
-40,557 | 1,817,740 | 1,777,183 | |||
| Total funds carried forward | -43,163 | 1,735,312 | I,G92,149 |