Charlty number: 293090 Seafonl Communlty Church Trustees, report and financlal statements for the year ended 31 December 2021 Glbbons Mannlngton & Phlpps LLP Chartered Accountants Landgate Chambers Rye East Sussex TN31 7LJ
Seaford Communlty Church Contents Page Legal and admlnlstrative Informatlon Trustees report Independent examlners report statement of Flnandal Activittes Balance Sheet Notes to the Accounts 7-13
Seaford Communlty Church Legjl and administratlve Infornwtion Worklng name Seaford Communlty Church Charlty number 293090 Governlng document Dedaratlon of Trust dated 20109185 (and Deed of Variatlon dated 20103195) Trustees and offlcers Howard BardeY Trustee Andrew Westwood Trustee John Harnmd Trustee and Foundlng Pastor Accountants Glbbons Mannlngton & Phlpps LLP Chartered Accountants Landgate Charnbers Rye East Sussex TN31 7U Charlty detall• Seaford Communlty Trust 115-117 Vale Road Seaford East Sussex BN25 3HB Bjnkers Natwest Bank 4 Cllnton Pla Seaford East Sussex Page 1
Seaford Communlty Church Trusteeg. report for the year ¢fvd 31 December 2021 The trustees psertt their report and financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provlslons of Accounting and Reportlng by charleS.'5tatefflent of Recommended Prdtti¢e applicable to charities preparlng thelr acc(wJnts In accordance wlth the Flnantial Reportlng Standard appllcable in the UK and Republic of Ireland (FRS 102) (effecttve l January 20151. Structure. Governance and Management The Church is governe¢J by a Declaration of Tnjst dated 20 September 1985 {and Deed of Variatlon dated 20 March 1995) to promote the advancement of the Chrlstian Faith either n the Unlted Klngdom or overseas. The trustees named on the Infomatlon page have served during the year. Appointment of the trustees is governed by the TNst Oeed of the Charlty. The Board of trustees Ss authori5ed to appolnt new trustees to fill vacanc(es arlslng through reslgnatlon or death of n existing trustee. Objectives and policles The object is to recruit others to the purposes and goals or the Church namely to become an active member of the Church who carries out the mlnlstry of Jesus Chrtst partlculadv the recrultlng and tralnlng of others as Plis disdples In intrtsducing them to HSM In person and tralnlng them In the values of the Church wlth a vlew to the ¢)ngolng multlpllcatlon of HIS followers. The Trustees conflrni that they have due regard for the Charttles Commlsslon's general guldence on publlc beneflt. R•vl•w of d•v•lopment, actlvltl•s •nd J¢hlev*m•ffit• Resources were directed into the advancement of the Chrtsdan falth both In the Unlted Klngdotn and overseas and gifts were made to both Indlvlduals and instltutlons for thls urpose. A slgnifi¢ant investment was made In the area of Christlan training for the purpose of ¥¢hlevlng the obJectSve of the charlty. In 2021 deSPe the contlnued Impatt and challenge presented by the Covld 19 vinJ5 the trust contlnued In Its ongolng vlsion and mlssion to be a funct5oning body of Christians that releases the love of God In the power and demonstratlon of the Holy splt through the spintual gifts appointed to each member of the Church. Equlpping ant1 trainlng each member to help them to know for themselves thelr true Identity as God'5 chlld and out of that securlty serve according to their pÈrsonal measure of grace and faith and to walk through Ilfe with the Holy Spldt became prartised and developed In day to day life outside of the old meetlng structures and organrsation. Bamabas Mlnlstrfes has contlnued to take the message of the Father's love and our identity, purpose and calllng as God's children both to our own natlon and to the Ukraine through online tralnlng. The community foodbank, Seahaven Storehwse. whlth provldes baslc food supplies as expressions of the Father's love has continued through 2021 to help feed local famllles wlth contlnued increased demand for its sewvices. Members of the publlc and local voluntary groups gave their money. time ant1 energy freely to serve their community. We contlnued (yjr mlnSstry to local sch¢Jols through onllne teachlng. As we look to the futu ovr mission continue5 to be to take God's psenCe, love and power to our local community, our règion and our nation and out to the nations through equlpplng and releaslng men and women Into thelr God given identity purpose and calllng. Page 2
Seaford Communlty Church Trustees, report for the year end•d 31 Dttember 2021 contlnued Fin•ncl•l review Full detalls of the results are shown In the financial 5tements that accompany thls report. We are pleased to report the churth members have cOnnUed to 9lve generously and enable the trust to meets its mlnlstry commltments. Funds available are sufflclent to permlt the Churth to connUe In operabon In the medlum lerm. The Trustees are SaslIed that Ihe thJrity is able to meet ivs liabilities as they fall due. Regerv The policy of the Church 15 to malntaln sufficlent reserves whlch. In the oplnlon of the trustees allows them to cover rnanagement and admlnlstrailon costs and plan for the following years glvSng. At the year enij the general reserve fvnd5 were £109.773 Investment power• polly Jnd perfomiance The Trust Deet1 authorlses the tnjstees to make and hold Inve5bnnts usln9 general funds of the Charlty, but no such Investments are presently held. Gov•rn•nc• and Int•rn41 control The trustees have examlned the operatlonal rtsks whlch the Charfty laces and ire satSsfied that the systems currentyy In place are suffldent to enable such rlsks to be mlnlmise¢J. st•tement of Irutees' respoTh$lblllti The trustees are responslble for preparlng the Trustees, Annu•l Report and the flnJnclJl sthternents In accordance wlth Jpplltable law and Unlted Klngdom Accountln9 Standards Iunlted Klngdom Generally Accepted A¢¢ouniing Prartlce). The law appllcable to Charle$ In England & Wales requlres the trustees to prepare nnancial $teMents lor each nnandal year whlch glve a true and folr vlew ol the stste of aflalrs ol the chartty and of the Incornlng resources and apIcatIOn of resources of the hadty for that perlod. In preparlng these finandal statements, the trusteès are requlred to.. select sultable accounUng pollcles and then apply them consistently; obsetve the methods and prlnclples In the Choritles SORP. - make judgements and estlmates that are reasonable and pnJdent- state whether appll¢able accounVn9 Standards of recommended prattlce have tjeen followed subject to •rty materlal departures d15dosed and explalned In the flnandal statements; and prepare the flnanclJl statements ¢)n the golng concern bjsls unless It Is Inappropate to presume that the charfty wlll contlnue In operayon. The trvstees are re5ponslble for keeping proper nrIng records that dlsdose wlth reasonable accuracy at any tlme the nnanclal posltlon of the charlty Jnd enable them lo ensure that the flnanclal Statements comply wfth the Charlues Act 2011, the Chaty (Accounts and Reports) Regulatlons 2008 and the pmlslons of the trust deed. They a 0150 responslble for safeguardin9 the assets of the charity and hence for tsklng reasonable steps for thè preventlon ano detecuon of fraud and other Irregularfbes. Thls report was approved by the trustees on . and gned on Its behalf by.. H Bardsley (Trustee) On behalf of the Trustees of 5eaford commun Trust Page 3
Seaford Communlty Chur¢h Independent examinerfs report to the trustae on tho unaudlted Ilnandal $tatemefits of Seaford Community Church. I report on the flnanclal statements of Seaford Communlty Churth for the year ended 31 December 2021 which ¢omprtse the statement of flnanclal actlvlt(es. the balan¢e sheet and the related notes. Respectlve responslbllltles of trustees and examlner The charity'5 twstee5 are re5pon5ible for the preparatlon of the accounts. The tharity's trustees ¢onslder that an audlt Is not requ1 for thls year under sectlon 14412) of the Charities Art 2011 {the 2011 Art) and that an independent examlnatlon Is needed. It is my responslbility to: examine the ac¢ount5 un(Jer sethon 145 of the 2011 Act. to follow the procedures lald down in the General Cilrett¢ons glven by the Charlty Conimisslon under section 145151{b) of the 2011 Act,. and to state whether particular matters have come to my attentlon. BaBl• of independent examlnerf• report My examlnatlon was carried out In accordance with the General Dlrectlons glven by the Charlty Commission. An examination Includes a revlew of the accountlng records kept by the charlty and a comparfson of the accounts presented wlth those records. rt also Indudes conslderatlon of any unusual Items or dlsdosures In the accounts, and seeklng explanations from you as trustees concernlng any such matters. The procedures undertaken do not provide all the evidence that would be requlred In an audlt and consequently no oplnlon Is glven as to whether the a¢¢tsunts present a 'true and falr vlew. and the report Is Ilmlted to those matters set out In the statement below. Zndependent exJmlner'¥ •t•tem•rt In connection with my examlnation, no matter has come to my attentlon.. 111 whlch glves me reasonable cause to belleve that. In any materlal respert, the qulrements,, (a) te keep accountlng records in •¢¢ordance wlth sertlon 130 of the 2011 Att: and (bl to Qpare accounts which accord with the Jccounung records and to comply wlth the accountlng requirements of the 2011 Act have not been met; or (21 to whlch. In my opinlon. attentlon should be drawn in order to enable a proper understandlng of the accounts to be reached. QCL Mr joph Gr*n•lode FCCA Chartered Certlfled Accountant Gibbon5 Mannington & Phipps LLP Landgate Chambers Rye, East Su55ex TN31 7LJ Date: 12 September 2022 Page 4
Seaford Community Chur Statement of financial activities For the year ended 31 December 2021 Notes Unrestrlcted Restrfcted Fund$ Funds Total 2021 Totsl 2020 In¢orne and endowments from: Donatlons and legacles Charitable activltles Investments 75,434 1.012 53,500 76.446 53.500 100,816 77,411 29 Total 129 949 178 256 Expendlturn on: Charftable actlvlues 87,147 58.7H 145,891 142,480 Tot•1 145 891 142 480 Net Income and expendltur• and movement In funds (11,710) (4,232) (15,942) 35.776 Reeonclllatlon of funds: Total funds brought forward 121.483 131.S45 253.028 217,2S2 Transfer to Restrfcted Fun 16 Total fund# carrled forward 109 773 127 313 237 086 2S3 028 The statement of hnanclal artlvltles Includes ?11 galn5 and losses recognlsed In the year. All Income and expendlture derlves from contlnulng actimtles. The notes on Pages 7 to 12 fomi part of these a¢¢ounts Page 5
Seaford Cornmunity Church Balance sheet as at 31 December 2021 Note 2021 2020 Flxed asset$ Tangible assets li 108.434 113.330 Current a$$ets Debtors Cash at bank and in hand 12 6,928 123 911 130,839 6,576 135 308 141,884 Credltors: amounts falllng due wlthln one year 13 Net current isset• 128.651 139,698 Tot•1 a••et• le•$ current Il•bllltl 237 085 253 028 Funds Unrestricted funds Re5trlcted funds Is 16 109,773 127.313 121,483 131,545 Tot•1 charlty fund# 237 086 253 028 The flnancial statements were approved by the Trustees on ..... their behalf by: and slgned on H Bardsley {Trustee) The notes on Pages 7 to 11 forni part ol these accounts p86
Seaford Communlty Church Not• to th financial statements for th• y••r •nd•d 31 rjttember 2021 l. Accounting Pollcies 1.1. Basls of prep•rlng the flnanclal ststements The financial statements are prepared under the hlstorfcal cost conventlon. The financial statements of the charity. which is a public benefit entlty under FRS 102, have been prepared In atcordance wlth the Charttles SORP IFRS1021 'Accountlng and Reportln9 by Charltles: Stalement of Recomrnended Practlce applltable In the UK and Republlc of Ireland IFRS 1021 leffectlve l January 20151,, Flnanclal Reportlng Standard 102 The Finanaal Reporting Standard applltable In the UK and Republlc of Ireland, and the Charttles Art 2011. The chortty has taken advantsge of the followlng dlsc105ure exempuon In preparln9 these flnanclal sratements as permRted by FRSI02 The Flnandal Reportlng Starklard appllcable In the UK and Republlc of Treland,: - the reoulrements of Settlon 7 Statement of Cash Nows. 1.2. Fund •ecountin4 General funds are unre5trlcted funds whlth are avallable for use at the dlscrrtlon of the trustees In rurtherance of the general oblrftlvè5 of thÈ ¢hartty and whlch have not been deslgnated for other purposes. Désignated fijnds comprlse unre5trlcttd lunds that have beert set aslde by the trustees ftr partlcular purposes. The alm and use of eath deslgnateLI fund Is set out In the notes to the financlal statements. Restdcted lunJs are lund5 whlch are to be used In attordance ¥rflth speclfic restrlctyons Imposed by tlonots or whlch have been ralsed by the thar6ty for partlcular purposés. The cost ol ralslng and admlnlsterlng such funds are charyed against the speclflc luftd. The alm and use ol each restrlrted fvnd Is set In the notes to the nn4nd•l st•tements. Investment IncorDe and galns are allocated to thè approwiate fijnd. 1.3. fncomlng M#ource• Voluntary Intt*me Is recelved by way of donatlons and glfts and 1$ Included In frjll In the Statement of Flnandal Artlvltles when recelvable. The value of servlces provlded by volunteers has nol been Included. No pernianeni endowments have been recelved In the pertod. Income from Investments Is Induded In the yur In whlth It Is recelwable. 1.4 Donated good• and Mr¥lce¥ Tn order ro achleve our mlsslon the members of the church are helped and encouraged to volunteer thelr tlrne. money. glftlngs and skJ115 accordlng to eath person's unlque èbllltles and clrcumstances. All aspects of church Ilfe and mlnlstry both Intemal and to the comrnunlty at lar9e are only achlevable because of thls voluntary serving. The food bank Is run by volunteers from the church alongslde members of the publlc who glve thelr tlrne tsp to help. Donattons of money and food come Irom the comrnunlty and members of the thurch. Mlnlstry Schools are run wlth the help of team member5 who often serve at thelr own expense glvlng thelr me and meetlng thelr own nnandal costs. It Is not posslble to quantify the amounts of donated 9oods and semces and therefore these have not been Ind¢Jded ID the accoltnts. 1.5. Resour¢eJJ expended Resources expended are recognlsed In the year In whlth they are Incurred on an accruals basls. Dlrect chadtable expendlture are those costs Intred dlrectiy on the furtherance and 5UPPOrt of the oblects of the tharity. Page 7
Seaford Community Church Notes to the financial statements for the year ended 31 December 2021 l.S. Resources expended (contlnued) Support costs, including governance costs have been allocated In accordance wlth note 7 to the accounts. 1.6. Tanglble flxed assets Jnd depreclatlon Depreciation Is provided at rates calculated to write off the cost less resldual value of each asset over its expected useful lrfe, as follows: Freehold land and building5 StraTrght line over flfty years Fixtures, fittings and equipment 20% reduon9 balance Muslcal equlpment - 20% redLrdng balance Computers - 20% reducln9 balance 1.7. Debtor* Debtors are recognlsed at the settlernent amount due. 1.8. Creditorg Creditors are recogn15ed where the ¢harfty has a present obligation resultlng from a past event that wlll probably result In the transfer of funds to a thrid party and the amount due to settle the obligation can be measured or estlmated rellably. 1.9. Value Added Tax Value added tax is not recoverable by the charlty, and as such Is Induded In the relevant costs In the statement of financial attlvitles. 1.10. Taxatlon No tax is due on the results of Seaford Communlty Church. Z. Donatlon• vnre•trIrt Re•trfrted fund• fund• 2021 2020 Churth rnembershlp regular glvln9 GSfts and speclal offerlngs Income tsx refunds 48.427 13,860 48.427 13,860 50,986 36,934 100 816 3. Actlvltle• In furtheranee of the ¢harfty'• obJ•¢ts Unre•trlrted Restrf¢ted funds fund• 2021 2020 Fees for equlpping schools Seahaven Storehouse donatlons 4. Investment Income 2021 2020 funds funds Bank deposit interest 29 29 Paga 8
Seaford Community Church Notes to the Iln•ndal st4tements for the ye•r ended 31 December 2021 5. Exp•ndltur• on charltabl• •ctlvltles 2021 Actlvltle• Grant undertsken furbdlng of dlrèctly acllvltl Supp¢)rt Total {Note 7.) Unrestrlcted Worshlp and Tralnlng Ministry and Mission Grants (see note 6.) 251 18,638 33.512 18,889 33,512 34,?46 2,579 32.167 Re•trlct•d Worshlp and Tralnln9 Seahaven Storehouse 3.959 3,959 54,785 54,785 T¢)t•l 8 14S 891 6. Anal1$ of grants mad• 2021 Grants to Grants to In•titutlon• Indlvldu•l• Support co•t¥ Total For the advJn¢ernent of the ChrSstlan falth and mlnlstry 34,746 34,746 7. Analy•l• of •upport ¢o•tA 2021 Wor•hlp Mlnl•try & Tr•lnlng • MIMlon Grant¥ Tot•1 UTrre•trlcted Premises ¢osts Interest and charyes Depreclatlon Governance costs: Salartes and natlonal Insuran Training, conferences & sthools Accountancy fees 2,776 2,776 30 469 5,552 30 937 469 14,337 29.181 43,518 1,056 1,056 2,112 Restrlcted Oepreclatlon 3,959 3,959 Total support colts Page 9
Seaford Community Churth Notes to the flnanclal statements for the year ended 31 December 2021 7. Analysis of support costs {¢ontinued) Basig of allocatlon: Premises costs fnterest and charges Depreciation: unstrClted Restrlcted Profit on disposal of flxed assets Governance costs.. Salarles and natlonal Insuran Accountancy fees 50% Worshlp & Training. 50% Ministry & Mission 50% Worship & Tralnlngi 500h Mlnlstry & Misslon 50% Worshlp & Tralnlng. 50% Ministry & Misslon 100% Worshlp and Tralnln9 50% Worshlp & Tralnlngl 50Wo Mlnlstry & Mission Accordlng to roles undertaken 50% Worshlp & Tralning$ 50% Mlnlstry & Mlsslon 8. Employws Number of employee• The average monthly numbers of employees Ilncludlng the trustees) durtng the year were.. 2021 Number 2020 Number Support and admlnistratlon Employment ¢wts Chapltable expend1r• 2021 2020 Wages and SalaeS Employers Natlonal Insurance contrlbutlons 43,519 43,519 43,701 No employee received emoluments of more than £60,000. 9. Trusttes rtmunerntlon 2021 2020 John Hammond Stuart Bradford 7,175 7, 175 The remuneratton stated above Is In respert of setvlces to the Church other than that of being trustees. No employee earned in excess of £60,000. 10. Trustee expefises Trustees have ceived relmbursement from the thurch for out-of-pocket expenses incvrred. These expenses relate to seryices to the Church other thart that of being trustees. No expenses have been reimbursed to tnJstees in relation to expenses incurred as trustees. Page 10
Seoford Community Churth Notes to the fln4n¢i•l $t•tsments for th• year ended 31 December 2021 11. FIX A•#ets - Used For Charltable Purposes Freehold Fixture$, Musical Computers property rIng$ and equipment and office bulldlngs equipment Tot•1 Cost At l January 2021 Additions Disposals At 31 Decernber 2021 197.948 47,344 6,313 9,221 260,826 197 948 260 826 Dapreclatlon At l January 2021 Charge for the year Released on disposal At 31 December 2021 89.311 3.959 43,073 854 6,273 8,839 76 147,496 4,896 152 392 Net book valu•• At 31 December 2021 104 678 33 306 108 434 At 31 December 2020 108 637 40 382 113 330 It Is not consldered prattlcal for a valuatlon of the freehold property to be obtslned, The trustees conslder that market value would not be lower than the net book value as shown above. 12. Oebtor• 2021 2020 Income tax recoverable 4,084 3,028 13. Credltor¥: amounts f•lling due 2021 2020 Accruals Taxatlon and soclal 5eairlty 1.740 448 1,740 446 P4e11
Seaford Communlty Notes to the flnanclal rtatements for the year ended 31 December 2021 14. Analy51s of net assets between lunds Unre- Rtr strlcted strfcted funds funds Total funds Fund balances as at 31 Dernber 2021 as represented by: Tanglble flxed assets Current assets Current Ilablllties 12,922 99,038 95,512 31.801 108,434 130,839 109 772 127 313 237 085 15. Vnrestrlcted funds ljan IornIng Tfansfer• Outgolng 31 De¢ General fijnds Givlng fund Bamabas mlnlstrles fund Bamabas mlnlstrfes glvlng I Mlnlstry fund 82.118 4,978 29,506 950 49,283 809 40,736 4,559 64,250 67,151 5,787 32,047 857 38,196 4,652 121 483 107 098 109 773 Purposes ol unrestrlLted fund• General fund the Income Is generated from regular planned glvlng for the furtherance of the cttarlly's objectlve to profflote the advancement of the Chrlstlan Faith elther In the Unlted Klngdom or overseas. Other unrestrtrted funds are allocatlons from the general fund for budgetlng and future plannlng purposes. Glvlng fund for glvlng out of the general fund. Bamabas mlnlstrles fvnd the Identlflcatlon of glft ald tax redalms arlslng from general fund glvlng and an allocatlon out of the genernl furNI to support local, natlonal and Internatlonal mlnlstry activltle5. Barnabas mlnlstrte5 glvlng fund for givlng arlslng from Itlnerant mlnlstry work and external relatlonshlps. Minlstry fund - to support mlnlstry and adrnlnlstrauon. Page 12
Seaford Community Notes to the financial statements for the ye•r •nded 31 0e¢ember 2021 16. Restrlcted funds ljan Incoming Transfers Outgolng 31 Dec Building reserve fund Seahaven Storehouse 99,471 32.074 (3,9591 154,7851 95,512 31,801 54,512 131 545 127 313 Purpo•es of restrlcted funds Bulldlng serve fund The fund represents the Improvements made to the premlses occupSed by the church. Seahaven Storehouse The fund Is for the purpose of provldlng food to those In need In the local community. 17. R¢l•ted P•rtie• There are no related party transartions that requlre dlsdosure. Page 13