Ch*rlty registratlop Dumbtr290547 SOUTHEND CHRISTIAN FELLOWSHIP ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
SOUTHEND CHRISTIAN FELLOWSHIP LEGALANDADMtNIsfRATIVE INFORMATION P Burgess C Bur8ess R Bate5.Chair N Elliott C Stone.Tr¢asw¢r M Verrinder ChArlty nNtyber 2W547 PrIn¢l •ddre Th¢ Plw Cffi 600 Southchurth Ro*1 En8lw SSI 2PT Ind•pondent •x•mlth•r 1386 Lotth Rd L¢l8honSe4 E•Ind SS9 2UJ
SOUTHEND CHRISTIAN FELLOWSHIP cowrENTS Pa TTusl¢¢ rep)rt Independ¢ni examinee$ report 10 Statem¢nt of finkn¢l41 actlvltle5 B•lance she 13 s1•tsme of flows 14 Notes to the flnan¢l81 stotemen 15-25
SOUTHEND CHRISTIAN FELLOWSHIP REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The trllste present their report with the financi statements of th¢ chArity for the year end¢d 31 Dec¢mbBr 2020. The fmancid ststem¢nts have been prepared in accord8n¢¢ with the accounting Polici set oiit in not¢ i to the finoncial $tatem¢nts and comply with the Southend Christlan Fellowship governing document. the Charities Ad 2011 and'Aeeourtting andR¢porting by Charitie5.' stement0r Recommended Practice applicable to Charities prepar1n8theiraunts in acwrdanL with the Finan¢iai Reporting sId1rd applithle in the UK and Republi¢ of Ireland IFRS 102). [efftiYe l Janulry 2019). STRUCTUR& GOVERNANCE AND MANACEMENT Governlng document The charity is emtrolled by Its governing document. J deed of trust which is dated 5 Oetober 1984 and arn¢nded ty Yex)lY0rton the 14 O¢¢ober 1992. ¢)nstItuteS art Uninlra1¢d dwity. The Church is not part of a denomination or network is entirely 5fVernIn albeit it seeks to wvrk with other like mirtd chur¢hes inthe local w the UK Ove. Rlsk thanagernent The trustees, have assessed th¢ major risks to whieh the ¢harity 1$ expos. #nd are sa¢isfLed that Systems are in plaee Mitigate exp)sure to th¢ major risks. Oryanlsatloul Structure The Fellowship'$ &tivitie5 overseen by the Senior IAdership T¢8rn. S¢nlorLuderJhlp Tea CliveBa88¢rl¢y (ag of01103f2021) Robert Bales Chri55yBurgess Peter Burgess NIC18 Goddsrd (steppeddowrt 3010912021) Lindsey N¢lso Chrissy Burgess is the ¢urrent appointedTe4m Lader. Th¢Trust¢¢s meet at Iwt bimonthly to review strntegy. perfOanC OP¢Tating plans. budgets and building rnthrs and were r¢8ultrly consulted and informed on matters of importan¢¢. Tne¢S Rob¢rt Batrs {awimwi) Ruth Aln&(stepped down 1511012021) Chrissy BurB¢ss Peter Burgess Nigel E1150tt Malo)ImHort Cr8ham Sty Matthew Veinder(S0f171lIr202l) The Sertior Leadership Team meet frequently to discuss and ovetsee the affairs of Southend Christian F¢llowship. They work with other members of staff (19) and a18r8e numberof v¢)lunt¢¢rs to implement the vision, goal$ and objects of the ThisL The Senior LeadershipTeam is &qsisted by an Extended lad¢rthip Tm nsisting of¢hur¢h members who manage the Ministy areas of th¢ Church. wrrently:_ Management Southend Chris¢ian Fellow5hlp has a thTee-ftild l#d¢rthip 5¢ruduTe. which has som¢ overlap. under the overall dirertionof the Senior Leadership Team. Ea¢h gTOUP- Trnst¢¢s. Staff and lE¢r5 and Mit)istry CowordiDators- dlstinct responsibilities in order to takeadequJte e8re of each chUh member and continu¢on-going outward ministy to benefft the mmunity.
SOUTHEND CHRISTIAN FELLOWSHIP Overg11 Vlslon and Dlreetlo The ov¢rall vision and direetion forth¢ChuTch is set by the Senior Leadership Team with r¢fer¢n tothe Extended Ludership Team. TNstees and Ov¢r8i8ht Group. Oveyslght GTOUP The responsibilities of the Oversight Gr0P are to pr¥y and peer. It is a decisi0MakIng group. INt rather he&$ and diseems the health and direclion of the Church. It Is rnade up of people r¢pre5enting differ¢Dt groups Jnd experience within th¢ Churth. CurTenily this Broup consists of Mark and Anits Churchwd (based in Southend). Basil artd Kathy D'souza {bas¢d ID Mumboi. India) #nd Peter and Marlette Stott (based In South-west England). The reStnSibIlItie$0f th¢Tntstees Includ¢:_ To ¥dvise the Senior LeadershipTeam on sthifin& splaries and employmtnt issues: To manag¢ ¢he legal responsibilhles of the Charity and enwre full complionce wlth le81slation- in¢ludin8 both C4Jmpany and tharlty law. To advise on Jnd manag¢Church assets and property. Leaderg And Stsff Th¢ reswnsibilitiej of Leaders 4rtd Staff includ¢.'- To provideon-twne N4toral cAre for church rnembu5" To help t¢ach and train Church members irt the christi religion. To underte manAg¢ment activities to the best of their abilities under the diTectioD ofthe S¢nior Leadership Team. Cwrdinotors:. To m4nJ% under the guidCe0fthc S¢nlor Leadership Team. th¢ mlnlstry areas of the Chh. cwMtIy.' AlphaCours¢ Children's ministry . Community Caf6 Men's ministy MissionsOv¢tse8S Outreach (evangelism) . Pryer Sozo (Inner He•ling And deliv¢ry) Tething andTralrtln8 . Wom'S ministy Wotship . Youth Profes51onalAdvlsers ar¢ as shown on the infonnation we.Ther¢ were no chonges in the year. On¢ local firni of 501i¢iiors were o)nsulted on apotential ld pur¢h8S
SOUThEIYD CHRISTIAN FELLOWSHIP OBJEcfivLs AND ACTIVITILS ObJectlve5 •ttd Aln The Principal obJe¢tives of Southend alS118ft Fellowship Ère that of the advanLYmeni of th¢ Christian Faith in the UK OveTSth8. the advc¢Ment0fthcpbl1¢b¢nCfVfll8los andothereduution on Chri51i8n prin¢ipl¢s. dthe relief oftho In ne&L hardship or distress or WI we ¢. w. sick and disabled. Thes¢ p)licie5 remiin un¢han81 s1rt th¢ las1 onnu rqjort of the Injsteu. Publle benefit 'Publi¢ B¢n¢fit lsthe hgal requiremertthall chwilies mu#ha¥¢ dArItsbkpurpx¢s1Ch bmefitthepublic. Th¢Ch•rhles Ac¢ 2011 utkkrlin¢g this requiremenL The report seeks w hi8hlight the publi¢ ben¢fii wovlded by Southend Christian Fellowship. The tnL51¢¢5 have paid due 88rd to 8uidance issued by the Charity Commi4lon In deciding wh activitiw th?th#rhy should undertzke. All of the fflY #nd vvied aaivi¢ic5 of Southend ChriAian Fellowship de5uibed Sn this rew)rt are &viilabl¢ to. and for the benefit of. th¢ publiG the complete •88 inclwlln8ehildren. t¢¢naws aduhs. Therefore. the trus¢e¢s lIeVe that south thri#ian Fdlowshlp thlty mplIes with the tequiffments of the Ch•rltiu Act 2011 wlth rwpert bIle benefiL Voltel Th¢ leadership And tru4es 18n11¢ the ilm4 tlnuK¢ •ThJ sklll$ 8iven willingly by voluntem much of wh th• Fellowship aims to do * be ¢ffectively &hl¢vtyJ vuy giileful forthis w¢roJity. The truste4s pwd due r¢8•rd w 8uldance issued by the C1wity Commission in d¢¢idln8 wh•t xtly1ts the Should ADMif41sfRATIVE DEVEtnPMEKfS Covld continued to have eife¢t on the Church's Aclivi¢ies. right from the sthrt of the yew we &tt¢mpt¢d to m¢41 primarlly in puson whll# Maintaini •n s)nline presuKe forth)se unle to m¢e¢ in pttson.
SOUTHEND CHRISTIAN FELLOWSHIP REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ACHIEVEMENT AND PERFORMANCE Chlrltsble aedvltles Durin8 ¢hl$ tlnanci81 year. th¢ ChUkn has c4)nlinued expttien Crf>rt$ prov15 •Thd Bro 8T0h e4)ntinued thspits ovid: South¢Tr4 Christlart F¢llowshlp Iw #ppmxlmakly 190 people att¢ndin8 on a Sunday. number in¢lude8 b¢tw¢ert 40- 60 children knd young peopl¢. The main mtttinp is on a Sundly and e0rnmen At IOJOwn. Meetlngs includin8 thildren attd youth rn¢etiny Clwrch rnernbttship crn5S¢5 all soclll classes. eJhniciry WKI •8e 8fOUPS. There ve • large nmber0r Toles in whl¢h people aT¢ wovidin8Yolurtttusuppxt whi¢h enabl¢g us kn fUn10Th ID pra¢t1L athninistrative knd spiritual upacliies. Th¢ vlsloD of the churth Is to b¢ one that a¢¢iv¢ly extends the Kin8th)m of ¢Jod by th¢ ¢xpression of HIS love aTrl TuehlngandTr•lts T¢hIng dlsclplinl of the thUh memberslsts tsk¢n Pl throuBh SuThd•y ThK)rnin8¢¢l¢brnti spe¢ld events and Imail specific groups. HArdshlp A special fund rnls¢d early in the y¢wto help provide tW8thd supwl tr#)se in need wlthin t fellowshlp. The temli exmded ov¢rtht Urt¢ of the year ww•xds the loul coThiunity 15 well. internthlpj A n¢w 4 day a week progrwnme comm¢Deed In SeOanb¢r. ly w 1. to prowlde tt8inin8 for Individual$ to d¢v¢h)p Ilfe ChrlstiaTh rnlni5ty skllls. li is led 4nd m¢Trred by a m¢mbttof the Senior Lder1p Tewn. memb¢r> of the fellowthlp took the opfftnlty w enrol. Pl0r•I Cgre A tewn of pmple led by tK) memben of the s¢nlor l#dershlp learn tsk¢s I¥IbIlIty for ptOrnI ¢w¢ throu8hout th¢ ¢hyr¢h. A n¢w 8pproxh •nd stnjcture will be •doMol in 2022 ¥ Covid some Ilrnitstiom In thii •pproxh. MIDI8tryT A nurnber of mlttSstry youp5 ntinu9 throug1 the year. providin8 OPFQrtynity for peopk to wve and delOP thetr sifts in 5u¢h ¥ putoral worl Mvrshlp. prophecy, healin& tOK¢therwith other Broups wher¢ people could ask qStiOnS obout the ChrIstl faith in Infornml s¢tti Cbudrem Work Southend Christian Fellowship w>vid¢3 relevwrt tehln8 for dl •B¢s of Cth11dr from PschOoler$ w teulw. Thls li providgj by 8 tearn of volunieers drawn the ¢hurth membcrship. Powerzotte has n¢Inued provide leIln£ activi¢i¢s on Sundtys for up to 30 children ¢b week. Our hu8ely sUW¢r1 holiday ¢lub for local thildren resumed after mi55ing the previou5 summer due to Covid. Youth TrX*rk Youth work re5um¢d durSn8 the yw once Covid ratsialons relLxed h¥ b10550rn¢d with mffjy new Pp wmin8 Into ntact with th¢ F¢llowshlp.
soirrHEND CHRISTIAN FELLOWSHIP REPORT (CONfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2021 SERVING THE COMMUNITY Our eommunity a¢tivitie& Community Café andTots+ r¢swn in Awil tlourRshed towards th¢ end of the y¢ar after $tow sta DAtsy.Chain Playgrnup The playgroup struggled afttr recOmnKcin8 Covid. In particular. it h&$ be¢D diffi¢utt to tdain qUlty Staff. Council fjjnding or lack of li a150 been an issue for parents. A high numb¢r of SEN ¢hildrett h8V¢COTrtlnued b p#rti¢ipa¢ Our E&rly Yews Team continue5 Its slipw¢ th¢ playgroup tram with adviK upjates and trninin& Sozo Healkng d¢livery) Th¢ Team offer a saf¢ ¢nvlrnnm¢nt to explore life's ¢tional ehollenges wvunds.. Sozo Is intymationalty The Isiah Prnject The Isaiah ProjeKt is 8 WmP10 bed ministry whith ¥ims to wist the rnar8inaTised feel unabk t¢) move th¢ir life fornvard without help. It can offer support in th numb¢T of prnctiul ways in¢luding housin& budgeting and befriending. The Projecttrustees ond most ofthe Senior Managementw befrienders e rnembBrs of Southend Christian F¢llowtship. Thry ar¢ support¢d by a larg¢ number of volunteeTr from the local commuttity and OPte 5 ¢harity shops. originlY Isaith was part of Southend Christion ftllowship before 1¢ was considered th& it slthild bttome a 5¢par*te¢hJrlty.
SOUTHEND CHRISTIAN FELLOWSHIP REPORT (CONfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ENGAGEMEWITH OTHER CHURCHLSAND EVENTS Chuwh leaders and m¢mbBrs of the ¢on8rcgation h•ve beeth xtive in prrynoting and kndin8 nwnNous Intudutrh even and of tts the community which i1d. Ferudale Baptlgt Cburth We h¢ continued supp)rt th¢ wotk of F¢mdth Wist chur¢h throu8hout the year. Tb¢ Southend FoodbAnkOieg CbArlty no 1163160) A number of volunteern from the F¢lkJwship serve the foodbank Sn various rol¢s on a weekly buis. One Of the SCF senior leaders b a tnth of this charity alon8 with representhtives frorn • rtumb¢r of ¢hur¢Fs xross the Borough. The foodbAnk cont5nu¢s to work ID ¢onJunction with the Truu¢ll TrusL Street Pvto Street Pl0$ the nl8ht41m¢ eommunlty In Souththd. By InternlD8with the clubbers they ue abl¢ty Identify and a5$tst th¢ vulnerablo Thty often ¢n•ble pPIC to set hom¢ saftly or th seek m¢dhc41 I}512n¢¢. Siree¢ P4stots Ilais¢ c105¢1y wlth our l¢x&l poll¢¢ and South¢nd'$ other ¢hurehlcOull c4)operntlYe xh¢me H•Allng R•omfftz• H¢llni Centr¢ For many y¢•rs the Fellow5hhp worked wlth other lo1 ¢hurches to provide oprtUnIty for confidentiAI hIng prayer for y member of th¢ eomrnunity irtesfftive of their faith background. In 2018 this ministry Lwne to a cloK bui Southend Christi F¢llow5hip still contlnu¢s to offer pe thd ministry ty the sick throu8h Plaza H]Ing Anyone 1$ able to ittend gnd TeceSv¢ Pmyer for he4lln8 within an •tsnosphewc of Mirship. This pwpl¢ ju from th¢ churth, but also from the wider Cornmunity. We ¢otttSnue to see Gotts 8rK¢ ptsurtd out on p)ple w heal #nd restor¢. Whenever pogsible this ilvity trfinsferr to Znom duri the PAnd¢ml¢. Love Southw South¢nd Christian fellowshlp ayr wld¢ly Involv¢d In the xtivities of knv¢ provldin8 volunte#¥ for the znany •nd Vari pro8rommcs. Southend CAP(ChrlJtlM Aelnst Poverty Th1$1s m effe1¥¢ debt advi¢¢ttwn WI #re notoftty ableto help clients escape dEb4 atso provlde &Eston Pd¥etIng and bullding & sthble fiTwJclal fvtuT¢. A numberof members voluni¢tr their limes 8nd skills in plrtttuship with CAP. Lo¢RI CollgborAtIo Southend Christlan Fellowship lelers hav¢ meir¢gularfy wlth other chyreh leaders. ¢olliborntlng in servlng South¢nd, South East Essex and beyond. Ov¢r recent Ye we have b¢¢n involved with a new rela¢ional 8roup of ChuTthes that totsther ar¢ looklng ¢0 pwtner with others to help trfOrni Essex with the love of God. Thi5 grouping Yransfonning Ewx" involved chur¢hes from acr05s the county comln8 tO8thr with A eommon he•rt to love seThe ourunty. Blaze Blaze h¢ continued ty pm¢ popytsr amonB th¢ Youth and ve thded by up to 80 ytsuns pu)pl¢ from churth¢s and you¢h grnups across &)uth East Es5¢x. They aT¢ faeilitsted by a wup of8-10 youth w0e¢S from lo(¥l wn8r¢Ba¢itstt& Activities iticlude 8am¢5. worshlp. dis¢ussions arKI prnyer ministiy.
soirrHEND CHRISTIAN FELLOWSHIP REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 OVERSEAS SUPPORT Whilst we do have personnel W[kI ovegs¢as we support a number of ¢hurthes. Some of th¢se ¢lwKhes ar¢ in unstsble ¢4)untries some aT¢ seeing persewtion. It is therefore longtr aptKowiate that w¢ disclose nK>re detsils at this poinf in time otherthan to stste that on ayear on year b&sis our fimdin8 inueased by ne¥riy 50% to £48215. EXTERNALHIRE OFTHE PLAZACENTRE VACILrts The Thisttts allow other organisations hire the fa¢iliiie5 providin8 the #divity does not Conflict with the ethos of th¢ Fellowship These in¢lude evenw mainly musical, prc5ented by the 10¢81 Bomu8h Arfs cou11. This ptsli¢y has helped to PTOrnOte higwity enteftainmeiit for the Mmunity and has been extrernely well rxeived. Voluntsry stewards from th¢ Fellowship are respJnsibl¢ for Htslth and Safdy re4virts provide fre$1ents for a ch¥g¢. Our inkN)me T0ver¢d somewhat P051 Covid to £31.154. DEvELoPMEoFTHE PLAL4 cEfmiE FACILITIFS Developmentofthe Plaza Centre facilities Lvntinued througlM)Utthe y¢ar WI£ fvnds have been availabl& Some ofth¢ wotk was out by skilled membu5 of the Fellowship don1 their tin POLICIESAiYD PROCEDURFS South¢nd Christian Fellowship Iw estsblished p)licies whith apply to 14)th staff JDd those who th pw¢ in the cornmwity life aftd or visit the ¢hW¢ includirtg a Safeguarding Poliey. Dwing thc pfist year exisiing policies have be revi¢wvJ and upgrad•J vwious D¢w pJli¢i¢s wernted. Flnandal r¢vlew Finanelal posltlott Th¢ unrestricted fimds showed a surplus for the year of £153.165 after tsansfers. #s a result of a large one-off don8tioti. The IsteeS woukl like to expr$ their thkS to th)s¢ iless, cJwitie& othu local churches and individuats for their donations and given duringthe year. Prlndp•l fvDdlAgsoiJrc Th¢ chLty relie5 OD voluntory donti1$ frorn its members for its inn. Th¢ Charity doe5 not employ Fyofessionai fund rnising iy)dies. Duringthe yearw¢Tue delithttd kn rec¢iv¢ the folknwing C*&ts:. Essex Y0uthTnt GToundworksUK £2.475 Investstt¢nt poll¢y aNI tsbJe¢ffvts The chltlty ha5 adopted apolicy of plo¢inB zny Su1$ fiJNts in 8 low risl high Teturn investhient account with COIF.
SOUTHEND CHRISTIAN FELLOWSHIP REPORT (CONTINUED) FOR THEYEAR ENDED 31 DECEMBER 2021 Res•rv¢J polley Th¢ tnts1 have d¢veiop>J a policy that thry wjyld Ilold rts¢rve5 ts LverA Po¢ti41 redu¢tlDn or of Inc•m Th¢ trusR¢s beli¢v¢ that it would be pWdent have as a reser¥e i minimum of £30,iKIO T¢adily available to Mver unforesttn even11]t1¢s.{£30.000 is apprnximately one month's wirtstricd incomeloutgoingsl. The average wrrtrtt gxount bthnt¢ ovwth¢ yearwu in eXLY55 of £50,000. DIS5510$ internally withiti the charity. 4nd extenly. lead th¢ trIe¢S to b¢li¢ve sulTicient equivaleot to the réserve figur¢ Identified b¢ avai1th14 if required. a ¢iNY basi5 by w•y of loan finkne¢. EDvlrnnmethlAI Mattoix M•ny pp]e in the Church aye Mitted to a susthinabk futurt to ¢nyrtsviti8 th¢ s}11. &i)nornic 4nd ¢nvlmmentsl well-being of the CA)mmunity. This li att ethos ofth¢ ftlktwshlp. We ¢ndMvour to base 1 ow #tions on 3usthIMbllity prin¢lpl¢s to prt)le£t our pl•net And futyr¢, We Irc 5#kln8to mlnlmlz¢ C02 emlulons evM though 0c¢upY a I1¢ Iwildin8 buil¢ in the 19JO'& Oyr seThi¢d d¢liv¢red In a rninlmizej o)viwvnmatt•l imp¥t promos Inie8rity. Soeknl The Seftklr LdenhIPTen s¢¢kJ to pmmot • KIlY rtspomlble 11¢ throu8kntth¢ fellowship. in tIO11r.. W¢offer s•fe and hulthy jobs with f•lr w4es. We MnI1n ¥ dlvers< pthicipa¢i0n-bed corporat¢ Nltyre that¢StlIS1S0Pt1mrn WltIOnS for th¢ $uthlnabl¢ ¢ommltmen¢ ofthe unp]oytts in¢ludln8payin8 att¢ntlon k) Health & Safety and redu¢Sn8 conflid in the work-plac We are committed to working l¢Kally to imprnve the social. ¢onoMI¢ and ¢nvimnmentsl w¢ll belftg of our nmunhy. Al tbe •nd of th¢ y••r 19 r employed by &¥lheAd Fellowth Southend Chrtslln Fellmhlp ls• eoTrtrlbutu pewllott sehe
SOUTHEND CHRISTIAN FELLOWSHIP REI PORT (CONTINUED) FOR THE YEI AR ENDED 31 DECEMBER 2021 FUTURE PLANS Southend Christian F¢llowship has a vision 10 r¢ach oiil and lou¢h the local communiiy and beyond ivith the love of Jesu5. We continu¢ lo review where we invest our resources., tjot jusi financial but time and encrgy also. One ofoiir biggcslptsI0s ihiJ'yeai' liu.w be¥n io LieaiL, legocy." Tu i&ii'L'Jl 1*7 Ih¢fiiliire olSCFandihc Pla-a Cenlre in order lo btiildfirmfuiindaliDiiY ihui ilie ii¢Ji gghei'diioii ivill be uble io ii'ork ¢indgxwindfi'opi. As part of that we have been rnaking plans to renovate ilie Plaza CenlT¢ in order that it is suitable and ready for the nex¢ season and g¢neration of Southend Clirislian Fellowship fainily and ive are ihtrefore looking to Continue to invest in building work to rnake Ihis happen. By Careful managciiietLI of in¢ome and budgets the irLislees assist the lead¢Tship team by ensuring that costs are monitored on a iiincly basis and that tliere are sufficient reserves in plLiCC lo allow for gro111. Daisy Chain closure.. reb7rettably ihe future of our playgroup is under review. The loss for this year was over £20,000 and current proje¢lions are for a loss in exces5 of £40,000. However. tlie bigger issue is on-avai12L bility of appropriate coun¢il funding and our inability io aiiract 5tatT. Land PUT¢has¢'. We have noticed ihat a small par¢el of land behind our u>arages is uncared for. We have approached ihe owner and negotiations io either rent or pur¢hase arc oiigoing. OUT inicntion, if sutccssful iyould be to convert it io a high qualiiy gr¢ell space to be used by various functions in the ¢hur¢li and local ¢ommunily. The report was approved by the Board of Trustees. R Bate$- Chair Trvstee Dated..
SOUTHEND CHRISTIAN FELLOWSHIP INDEPENDENT EXAMINER'S REPORT TOTHE TRUSTEES OF SOUThEND CHRISTIAN FELLOWSHIP I r¢port to the trust¢eson my examination of the fiTh8rtclal ststements of th¢ Southend Christian Fellowship forthe year end¢d 31 Dec¢mber2021. Re5ponilbilltks And b25ts of report As the trust¢¢s of the you aTe Tesponsible for th¢ preporation ofthe fin8ncigi statements irt ac¢ordan¢¢ whh the requireme1 of th¢ Clwitles Act 2011 (the 2011 Act). I report in respect of my ¢xpmination of the Fellowship's financial statements carried out under sertion 145 of the 2011 ACL In ¢0]ng out my examination I have followed a]1 the applicable Dire¢tlons Eiven by the ChArity Commission under section 145(5Xb} ofth¢ 2011 Ac¢. Independent examlneP$st•tement Since the F¢llowship'$ gross income exceeded £250.000 your examiner musi be a member of a body listed in section 145 of the 2011 Act. I confirn that l Am quallfied to underte the examinion bewse l Im a memb¢r of BA (Hons) FCCA ACA, which is on¢ of the listoj bodies. Yowatt¢ntiOn l$drawnlo the fact thatth¢ ¢harity haspr¢partd flnancial ststements in a¢cordance with Aecounting Reporting by Charilies preparing their aecouttts in accordance with th¢ Financi Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) In preference to the Ac¢ounting and Reporting by ChaTities.' Statement of Recommended Practi¢t issued on I April 2005 which is ref¢ed to in the extant regulations but ha5 now b¢en withdrawn. l understand thatthis has been done in order fgr fLnan¢iai ststements to Provide &tNe and fair view in aeLY)rdan¢e with Genernily Accepted Accouniing Practi¢¢ ¢ff¢ctiv¢ for Teporting periods beginning on or after l January 2015. I hav¢ Mmpleted my ¢xwnination. l ¢onfirm that matters hav¢ eome to my wention in connection wlth the ex8mina¢ion giving rne eause to believe ihat in aDy material resp¢¢t: occounting records were not k¢pt in resp1 of the as required by section 130 of the 2011 Act. or the finAncial 5t4tements do ntst ¥cord wtth those records. or the finan¢ial statements (kj not comply with the aPplible requirem¢ttts cotK¢rning the ftnn ¥nd rA)ntent of 4¢counts set out in the Chariiies (A¢wurtts and R¢port5) RegulatioD$ 2008 other than any requirement that the accounts Sive atrue and fairview which is not a maner considered as part of an ittdep¢Ddent examina¢ion. I hav¢ no concems and have come ¥cross no 0lh¢r matters in connection with the examinatiort to which attention should be drnwtt in this report 5rt order to ¢nabl¢ a proper understanding of the financiJ] statements to be reached. Franets Jamej & PrtneTS LLP 1386 LondonRo L¢i8b ott Sea SS9 2UJ En8]8nd 27 October 2022 10-
SOUTHEND CHRISTIAN FELLOWSHIP STATEMENf OF FINANCIAL ACTivrriES JF4CLUDINCINCOMEATID EXPEIYDITUREACCOIINT FOR THE YEAR ENDED 31 DECEMBER2021 Unrostrl¢ted Restricted funds nds 2021 2021 Tfj¢•l Ullrestricted D¢slgDit¢d Rostrlcteil nds lunds 2021 and endo Donations and legxie5 Investments OtheriDcom¢ 386,662 31.161 43.698 41881 429J43 31.161 164.495 260J72 15.744 (1,790) 45.403 305.975 15.744 151260 120.797 153,050 274.526 198.453 472.979 Totsl lllcome 461.521 163.678 625,199 nditureott. Raising funds 69J02 87.524 3J59 90.883 53119 15,683 Ch8ri¢able adiYiti¢s 222.166 189.471 411.637 I.735 158.950 349ffj85 19U30 502J20 244J54 174,633 419.187 Total expendlmre Net Inme/(exPendI¢UrC) forthe yarl N¢t movemettt ln fvDds 151.831 (29.152) 121679 29,972 53.792 11005 11815 Prioryw adju51me Net m(Ivemenl irt fund5 18 (12.005) 151831 29152 122679 6367 53792 751.977 655J52 23.470 1&863 698.185 Fundbalontts at l January 2021 72129) 30.678 Fund balances at 31 Deeember2021 884204 814656 704196 17103 30678 751yn The statement of finon¢ial activities includes all 88ins and I¢eS rKogDtsed in the year. 11
ATEmE OF FINANCLALACllVITIES (CONfiNUED) FOR THE YEAR ENDED 31 DECEMBER2021 All Incorn¢ Ind eXPdifUrc derlve from Cl1Th8 xlivi¢ 12-
SOUTHEND CHRISTIAN FELLOWSHIP BALANCE SHEET AS AT 31 DECEMBER 2021 2021 2020 Noies Flxed Assets Tangible assets 14 629.776 650,998 Currenl Assets Debtors Cash at bgnk And in hand 15 25.852 226.567 20,514 87.766 252.419 108.280 Credltors: amounts fthlllng due withln one yr 16 17J39) 17,301) Net CyeThI Asse¢s 244.880 100.979 Totnl o55e15 less ¢urrent Ilublll¢les 874,656 751.977 Incom¢ fvnd5 Re51ri¢ied funds Endowment fund5- de5i8naied Unr¢51ricted funds 13,531 26.914 17.103 707.960 861,125 874,656 751.977 The finaneial statemenis were approved by the Trusiees on.. R Bales. Chair Trustee 13-
SOUTHEND CHIUSTIAN FELLOWSHIP STATEMENf OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 Notss Cfish from opgr#tlng a¢dvl¢ies Cash generated fiDm op¢ralions 19 107.640 57.879 Invest% a¢tlvltl¢s Purchaseof tible fixed gssets lttvestment ino)me Teceived (35.144) 15,744 31.161 Iyet generated fromKused In) thyestini a¢tivltles 31.161 (19.400) N¢¢ eAsk used kn fminclTrg •tdvltles N¢tlnerease In ¢asb and t#$h equlvalents 138.801 38.479 Cgth and equivdents at beginniD8 of ye 87.766 49287 Cash alld tash equlvaknts at end tyf year 226.567 87.766 14-
SOUTHEND CHIUSTIAN FELLOWSHIP NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR EiWED 31 DECEMBER 2021 A¢eountlngJicIeS ChArlty Infornution Soyihend ChTiStian Fellowship 15 aeharity. 1.1 Aeeountlngconvenrfon The fjnan¢iai statements have been pr¢pared in accordance with the's [governing do¢ument]. the Charitie5 Ad 2011. FRS 102 ffi¢ Fitt8ncial ReFK)rting Standard ¥pplic&ble in the UK and Republic of Ireland" {"FRS lo2 and the Charltles SORP"Ac¢ountingand Rworhngby CTharitLes: Stat¢mentof Recommended Prac¢i¢e applicabl¢tt) Chariti pr¢poringtheir aco)unts in COrdAnCe with the Financigl Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). (effertiv¢ l January 2019). The is a Pyblic Benefit Entlty 8$ defined by FRS 102. Th¢ Fellowship has tsken advantage of the pr¢ivlsions in th¢ SORP for th8rities not to PTqMre a Stsmeth of Cash Flows. The fil181 sthtements have departed from the Charities (Accounts and Reports) Regulgdons 2008 onty to the ex¢¢nt required to provlde a tN¢ and falr view. This depaiture has involved following the Statement of R¢¢ommended Practice for chaTiti¢s applying FRS 102 rather than the version of the Siatement of Re¢omm¢nded Practice which is referred to in th¢ Regulations but which has since b¢en withdrawn. The finan¢io1 Statem are pwiared in st¢rling. whith is the funrtiona] currency of ¢be Charity Monetary wnounts in the financi ¢¢Ments ar¢ Tound¢d to the near¢st £. The financial statements hav¢ bcen prepar¢d under the historieal Cost conveOrt. Imodifi¢d io Includ¢ tl reva]uA¢ion of freehold pmperties and to include investm¢nt properties ¥Thd certAin financi instruments at fair value]. The prin¢ipal utttln8 p)li¢ies adopted Are setout below. 12 Golng uintern Aithetimeof approvinsthe finan¢ial statements.the trustees have a reLson&ble expectation thatthe has adequate resources to cotttlnue in op¢ratiOn81 existence for the foreseeable filtyre. Thus the truslees continue to adoptthe going ¢oncern basis of &¢ounting in pr¢parlng the financial statements. IJ Charltable futtdg UntE5tricted funds available for use atthe diretIoN of the trustees In ffiJrth¢ranee of their tharhthbl¢ obie¢tiv R¢stricted funds art SUbit to 41ecific condition$ by donor$ 8S to how they May be used. The purpose5 8rtd uses of the restrtcted funds are setout in th¢ no*s to the financiai slatem¢nts. Endowm¢nt hmds are subject to specific eonditions by donors thatthe capital must b¢ Mnts]ned by the. 1,4 lTr¢om¢ Income is T¢g)8nised when the is leg&lly en¢iiled to h after any perfonnance condittons have been mel the ymouttts CAn be meAsured reliably. and it is prob&ble th4t income will be reeelved. C•sh thsnation5 w¢ recognised on reeeipt. thwdonations are reco8nise41 onc¢ the has be notified ofthe donation,w)less perfomian¢e Conditions requiT¢ d¢ferral of th¢ amount. Inwm¢ tax rewverabl¢ in relation fo donations received underGift Aid or deeds of )vert&llt is r¢cognis¢d * th¢ time of the thnatiott. Legacie5 ar¢ recognised on Te¢eiptor oth¢rwi5e ifthe has been rtotified of an impending distribution. th¢4mount is kno. end receip¢ 1$ expected. If th¢ omount is not kTWWn. the legacy is tr¢ed as a conting¢nl asset. 15-
SOUTHEND CHRISTIAN FELLOWSHIP NOTESTO THE FINANCIALSTATEMENTS (CONTINUED) FOR THEYEAR ENDED 31 DECEMBER 2021 A¢¢ountkng pollcles (Continu) Its ExpendliuTe Expendittw¢ is r¢eo8nised Once there Is a le8ai or e0nsiriIIvcQbll88tIO to Iransfer tnoMiC benefit to a third pty. it 15 probable that a trnnsfer of economic ben¢flts wlll be r¢qyirtd in s¢tt]¢menl, and the amount of the obllggtlon can b¢ measured reliably. ExpendSture is classified by a¢tivity. The costs of Jctivlty are made up of the total of dired msts and Shar ¢0 IncludinB support w$ts Involved in uDdertaklng each actlvity. Direct ¢o$ts anribu¢abl¢ to a sin81¢ 4etlvity are allo¢ed dlr¢¢tly to that activity. Shared cos¢$whieh contribut¢ to more than on¢octlvlty and sUPPOrtcosts whi¢h are not attributablc ¢0 a sln8le activity are pOrtIOn¢d betweet) those tIvItIeS on a b¥ls eonsisten¢ with the use of resources. Central sthff Costs are allocated on the b&8isof tlm¢ 5penL depreeia¢lort char8¢5 4r¢ allocated on lhe portion of the se1'S U5¢. 1.6 TAThglble Ilxed #wts Tanglbl¢ flx¢d gssets ore inltl•lly meuured at $t Ind sub$4u¢ntly meH5Urtd •t cost or valuatlon, ne¢ of depreciation aThl any lrnpalmient loise5. thpre¢latloTh Is recognlxd 80 u to WTlt¢ off the cost or viluatlon of tssets 1¢$$ thelr rejiduai value5 ov¢rthelr usefvl Ilv on ¢h¢ followln8 ba5e5'. FTe¢hold land and bulldln89 Plant and equipm¢nt FixtUTCS and flttlw Computern Motor vthlcles 2% on cost 20Vo on cos¢ 20% on s>)gt 20% Ort ¢0gt 25% on c(t Th¢ yln or loss arigin8 on tho dlsp5al of 1$ d¢i¢mlned as the d5fference be¢w¢¢n the sllt proceeds ond the ryln8 volu6 of the ass¢i and Is Te¢4$nls¢d in the stat¢rnent of flnan¢lal a¢t5vltles. In th¢ yw the property was Mlued w&q found to hiv¢ a market v4lu¢ of £880.000. 1.7 Impilrm•n¢ of Ilxed At eich r¢portln8 end date, the reviews the carrying amounts of its I81b1e assets to d¢ternilne wh¢ther there 15 any indi¢•¢lott that those assets hove suffered an impaimi¢nt10s$. If any su¢h indication exi$ty. the recover8bl¢ amount of the a59¢t 5$ ¢$tlmated in order w detemiin¢ the extent of the Impjlmient lo$$ (If Any). 1.8 Cash •nd t*ih equIlts Cash equival¢nts Include ush In hand. deposits h¢ld at ¢111 with bartks. oih¢r Short-terni Ilquid investsnents with Orlginal motyrities of thr¢e months or less, and bank overdT4fts. Bank overdrnfts are shown wlthin borrowings in CUTrenl 1.9 Flnand81 Instruments The Ch4rity has elected to apply the provisions of Section I I 'Basic Finan¢l41 Instruments. and SKtion 12 '0ther Flnan¢ial lrtstruments Issu¢$' of FRS 102 10 all of its financial Inslrnments. Financlal instwments are T<gniSed In the's hlattce sheol wh¢n the be¢om¢s p•rty to the cOntrwlI prnvisions of the inslnMn¢nL Finan¢i•l assets and liabilities are offs¢L wlth the net amounts presented in ihe Ilnan¢ial sraternents. whert there is a legally enforceDble right to set off the recognised amounts and there is an intention to settle on a net basis or to rtalise th¢ e1 and settle th¢ liabilty 5imultOrteously. 16-
SOUTHEND CHRISTIAN FELLOWSHIP NOTESTOTHE FINANCIAL STATEMENTS (CONTJNUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Act•undngp)Ilekg {C•ntlnued) Boslejlnandffldssets B&si¢ fin¢181 wets, whlth In¢lud¢ debtors and cosh and bank balanc¢s, are inl¢lally me8sured a¢ trAnsAdlon price Includlng transtion costs and Are 5ybsequently carried at amortised ¢051 U5Lng the effe¢tlve interest rnethod w)1 th¢ amgemenl wnstitut¢5 8 firtAncing trAns8Ction. where the transaction 15 measured atthe preseni value ofthe futurt re¢eipts dlscounted ot a maTk¢t r¢ of interest. Financlal 85sets clo$9ifie4J as recelvable wSihin one y¢&r ar¢ noi amortised. Bosl¢Jlnaftclaill4bllltles B&sl¢ financipl Ilobilitles, in¢ludln8 ¢ffdl¢orn and bank ioAn$ are inltlally re&1$ed traA5a¢tion wlce unless the gement constitut¢s & finan¢in8 transletlon. where the debt instrument is m¢4sured the pre5•1t valu¢ of the firture paymentsdlscounkd at amark¢t rnteof interest. Flnancial liabilities ¢l¥sifled 4$ payAbl¢wlthin ODeye8raT¢N>t omortised. Debt Instrument8 are subs4uenily ¢vrled at amortlged cosL uslrt8 the effeclive Inl¢rest ra¢e method. Trade creditOTS Ire obli8Otlons to pay for goods or 5¢rvlces th4t h&ve b¢en ocqulr¢d In the ordlny ¢our5e of operntlons ftom suppliers. Amounts p•yabl¢ are clos5ified os current Ilabi1Stles if payment is due withltt on¢ yw or less. If not. th¢y presented as non-current Ilabillties. Tr4de credlwrs ore r¢eo8nised Initlally ai iran5Wtlon prlce and subsequenily med Ai •mortised ¢oit using th¢ effedlve inl¢r¢st method. Dereco/nlrfon offlhanelal lthblllrfes Plnan¢141 Ilabiliti •r¢ reco8Dised when the Charlty's contr4dual Obl1810n5 ¢xplr¢ or are dIhSed or cm¢4lled. 1.10 Employee b¢n¢fits Tho cost Of •ny unused hollday entitlement Is recolnlged In the period In whlth the employee's S1¢05 are wlved. Terniinatlon b¢nefit8 w¢ reco8nised immediately as an expeTh5e when the 5$ d¢mon5trably ¢4mmltted to t¢rnilnat¢ the employment of on employee or ¢0 Provid¢ temiinotlon benefits. 1.11 Rttlrem¢nt benellts Payments to d¢fined contrlbution rdlrernen¢ ben¢tlt h¢M¢S ¢bar8ed as an exp¢ a5 they fAII d. Crltlt81 A¢eountlnie•¢lm•teJ and Judgem¢tsts ln the appllcatlon of the Chgrlty's eUntIng policies. the trusiees Are required to make Judgents, estimates 8nd umptions About ¢he wlng amoynt of and liabllitie5 thot are not readily Appar¢nt from Other sourw. The estimal¢s md asso¢SAted Hs5umptions aTebAsed on histOTi¢NI experience and other factOTS thai are consldered to b¢relevaftt. Actual results may dltyer from these eulmates. The estlmat¢s wd undeTlyin8 assumptlons we reviewed on art ongoing basis. Revislon5 to accountin8 es¢imates are r¢¢o8nised in the period In whlch the estimate Is reviled wher¢ th¢ revision atTe¢ts only that perlod. or in the P¢Tiod of the r¢Ytsion and future p¢rlods where the r¢vislon affects both curmt and fvwr¢ P¢Tiods. Domdons and k8acleJ Unre5trltted Restrkted Totsl Unr¢strieted RtrIcted 2021 2021 2020 2020 2020 Donation8 and gifts 386,662 42,881 429,543 260,$72 45,403 305,975 17-
SOUTHEIYD CHRISTIAN FELU)WSHIP NOTESTOTHE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Investments funds 31.154 15.700 Inter¢gt r¢01T 31.161 15.744 Other In¢oM Unre5trieted Totsl nds 24.636 38.815 81982 63.451 81.982 8267 10.795 (9980) 53220 99130 43.240 99130 2.103 6.087 PIJy8roup inoy 8267 10.795 1103 6.087 43.698 120.7J7 164.495 (1.7) 153,050 131260 Ralglng Unre5trided R¢4ricied T¥1 UnYestri¢ted Ministry PIJy8roupexpd1IUT¢ 27A24 125 27.949 3234 33,755 IS.6 15.0% 6&02 23.684 2,898 6h02 9.081 33.755 14.603 1898 Raising fund5 66J02 3J59 69.661 32597 15,683 48280 Trndltt D¢preciation w)d 21222 21222 21222 21222 87J 3J59 53.819 15.683 69.502 18-
soirnIEND CHRISTIAN FELLOWSHJP NOTESTO THE FINANCIAL STATEMENfs (CONllNUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Charltsbie *elfvltSe¥ 2•21 2021 2020 Ministy wages Playgroup wog Café wage5 74918 74.918 91897 23.981 37.627 10.162 61 J17 27.916 89,433 90.025 .025 24.478 20J21 9,073 985 1,030 33 J74 33.950 6.000 8.388 35.475 3.662 5.984 1.939 10.400 6.126 lJ27 1.088 2J97 23981 37.627 10.162 29 24.478 20J21 Ov¢T5 travel 1.030 576 Grants to Institil0s AccountaiKy Building 48215 48215 4.080 46.813 30.191 2J24 4.080 19.768 30.191 1324 2745 7.474 35.475 3.662 5.984 1.939 10.4 {595) l J27 1,088 914 SubscripiTh5 T¢lephone Prlnting. 5t#s¢ and statiOJWy 1511 1842 24.121 1.492 925 1842 U07 I.42 Sundri¢s 21 J14 6.r21 Payroll 22L166 189.471 411ffj37 I.734 158.950 349.684 GrAnts PAyAble ChArilAb]e Cthaiitlble Exwdlture Expthdltsre Grants to iTLStktirtions: 11&411 71,974 71.974 19-
so[END CHsT FELLoWsP NOTES TO THE FINANCLIL STATEMENTS (coNfINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 GR PAYABLE 48215 33.950 GraDts pble to 1DStitirtio:_ 2020 S77 48215 33.950 2021 £Nil £Nil £Nil 2020 £429 P Barge%8 G Styn¢ C Burgess £649 TRusfEE REMUNERATION of th¢ charityar¢ 8$ follow7:. P Bwgess C Bw8ess £35.799 £35,799 £33.032 £33.032 li Ewptsyees The avtrnge monthty numbu of unployees durityg the ye4rwa& 2021 Number 2020 Number Piaygrnup Ministy C8f¢ Admitt Cleatiing Totsl 19 16
SOUTHEND CHIUSTIAN FELLOWSHIP NOTESTO THE FINANCIAL STATEMENTS (CONllNUED) FOR THE YEAR EM)ED 31 DECEMBER 2021 11 Employee8 (Con¢lnu¢d) Employment costs 2020 Wagesandsalaries Otlw pensioD costs 229,423 10,162 224257 9.073 239.585 233330 There were no ¢mpioyees whos¢annuel remunerntlon was morethpn £60,000. 13 MOVEMENT IN FUNDS sat Iioir2021 Movemenl irt Funds ransft 3111212021 nrestritted Funds eDewo1 704,196 17,103 21.299 158,784 (6,9531 151.831 862.980 10.150 873.130 R¢Jtrleted Funds Building Fund Family Fw Gry)wth Fund Playgtoup 7.487 5.268 21963 (5,040) 30.678 751.977 15.792 (IJIS) (5,859 (16.186) (29,152 122.679 1.695 3.953 17.104 (21226) l 526 74.656 Tgt*l Incoming Resour¢es Resourtes Expertded Mov¢rnentin Funds Unre5trleted Fund5 ¢neral 25,547 35,974 461521 266,763) 142.927) 1309.6901 158.784 {6.953) 151I31 Restrlcted Thnds Buildin Fund Family Fund Groth Fund Playgroup 17.911 .998 56,787 81,982 163.678 625.199 23.703 18,3 13) 162,646) 198,168) 1192,830) 502.520) 15,rn1 IlJ15) (5.859) 16.186) {29.152) 121679 o(al 21
SOUTHEND CHRISTIAN FELLOWSHIP NOTESTO THE FINANCIAL STATEMENTS (CONfiNUED) FOR THEYEAR ENDED 31 DECEMBER 2021 13 MAIN FUNDS In¢luded in gener81 fvTwJs are £ 10.150 of designat¢d fitttds as at 31 Deeamber 2021. Unrestricted swvirtss Is a d¢si8rt#ted fund for th¢ PurSe5 of flnwcln8 buildirt8 work. minisiry activity attd Administrative support. OV¢e&l rnissitsns Iljnds represent Income recelved and spent on mlsslon work In varlous courKrleg overs. Bulldlns fund for ihe dovelopment of the Plaza Centre premise$ and rllItICS. Famlly fund for the development of SCF'$ wrporate Ilf4 Including the relief of hardshlp for thoge both wlthin ou¢glde the thur¢h'famlly'. Gr0h ffijnd for th¢ Jupport of Chrisilon mlnistries •nd th¢ spreiding of the Gospel of the Chri$t In Southend. In Esmx d beyond. PI•y8roup and ufe are projec15 whleh ar¢ Tun from the Plw C¢n¢re for the btri1 of the local communlty In Southend. Mlnlsty $upport 1$ the fundlnB of costs of Chyrchward partrhership servlc¢s. 0pM pl•u is ffiJndin8 foropen pl4za ev¢nts. Indian p8Stornl suppDrt- $pStitual VIsor for th¢ leAdershipt¢am. P¢t¢r Slott- Bplri¢u•l VIl0r for ¢he lud¢rshlp teim. Wlthln Genernl fvn(ts •re the followln8 desl#nthd fvnds:. Audlo Visual So Postor•l loon ProJ¢¢ts K..600Club R¢fvrbtshm¢nt QverslBht BDS 2.261 274 lJ80 2.475 10.150 -22-
SOUTHEIYD CHRISTIAN FELLOWSHIP NOTESTOTHE FINANCIALSTATEMENTS{CONEMFED) FOR THE YEAR EiYDED 31 DECEMBER 2021 14 Tanglljktlxed as8¢ts Frc<lmldlRid Flxttw4J*lld Total 83210 35,438 4.025 911146 At l January 2021 704,876 84.597 At 31 Decemb¢T W21 704,876 84597 83210 35.438 911146 Depreclation and ImpalrJD¢nt At l January 2021 Depreciation ¢har8ed in they 4,025 261,147 21223 82,088 14.098 84,597 54.99) 7,125 35.438 35,438 4.025 281370 At31 December 2021 96,186 84J97 61124 Carrylng At 31 December 2021 629,776 608.690 21,086 650.998 At31 D¢¢emb¢r 2020 -23-
SOUTHEND CHRISTIAIY FELLOWSHIP NOTESTO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 IS Debto 21121 I0 fAIIINg due wlthln one y¢r: Oth¢r debtors 25.852 20.514 10 Cr¢dltors: amounts f#llln8 due wtlhln on• y•ir 2020 Other ¢r¢dltyn 7.539 7JOI 17 Rellr•m¢nt beneflt sehemes D•lln¢d eojtributlon i¢hm The operAles i deflned contribution pension scheme for oll quallfylng employ¢es. The 898ets of the s¢h¢me held 8¢por&tely from ¢ho$e of the in an Independen¢ly admlnistered fund. The ¢harge lo profit or lom In respect of deflned contrlbuilon schemes £10,162 (2020- £9.073). 18 Relat•d p•rty trnn8Aetlo There were no dl$clo8oble relthd pty trSa¢ll0Th$ durln8 ihe y¢v {2020- none). 19 Caih 8enerAted from op¢ratlon¥ 2021 2020 Surplus forth¢ y¢ 122,679 53.793 Adjustments for., Inv¢5tment lrteome r¢cognised itt stht¢m¢n¢ of finan¢lal tIvitIeS DeprlatIo and impalrni¢nt of tan8ibk fix¢d tsse (31,161) 21222 115,744) 21,222 Movements In working¢•pIt. (Incre¢) in d¢btors Irse in ¢redIr8 (5.338) 238 (2.996) Cash generated from operntlons 107.640 57J79 20 Prr perlod AdJu8tm¢nt -24-
soirrHEND CHRISTIAN FELLOWSHIP NOTESTOTHE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Prlor perfod ad5wknept {Cothued) ChAges to thtblan¢e thEet At 31 December220 As previ0ts51y Adjustsmeht Income fimds Restricted fut destgnakd 38,919 17.103 695.955 {IllJ)5} 26.914 17.103 707960 12.005 Tot•1 ¢quity 751977 751.977 Ch8uges ts the Pmfit and kw teoun¢ Ptrw)d ¢nd¢d 31 DKemir 2020 As previously Adjuslment r¢ported Intome from: Gr055transfers betwe OJNts (12,005) 111005) 53.792 (IICrf)5) 41.787