2022-12-31-accounts

REGISTERED CHARITY NUMBER: 293090

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

SEAFORD COMMUNITY CHURCH

Gibbons Mannington & Phipps LLP Chartered Accountants Landgate Chambers 24 Landgate Rye East Sussex TN31 7LJ

SEAFORD COMMUNITY CHURCH

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

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Page
Reference and Administrative Details 1
Report of the Trustees 2 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 14
Detailed Statement of Financial Activities 15
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SEAFORD COMMUNITY CHURCH REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2022

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TRUSTEES Mr H W Bardsley Chair
Mr J Hammond Trustee
Mr A Westwood Trustee
PRINCIPAL ADDRESS 4 Harbour View Road
Newhaven
East Sussex
BN9 9TT
REGISTERED CHARITY 293090
NUMBER
INDEPENDENT EXAMINER Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
24 Landgate
Rye
East Sussex
TN31 7LJ
BANKERS NatWest Bank
4 Clinton Place
Seaford
East Sussex
BN25 1NN
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SEAFORD COMMUNITY CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. 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

Objectives and aims

The object is to recruit others to the purposes and goals of the Church namely to become an active member of the Church who carries out the ministry of Jesus Christ particularly the recruiting and training of others as His disciples in introducing them to Him in person and training them in the values of the Church with a view to the ongoing multiplication of His followers.

Public benefit

The Trustees confirm that they have due regard for the Charities Commission's general guidance on public benefit.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Resources were directed into the advancement of the Christian faith both in the United Kingdom and overseas and gifts were made to both individuals and institutions for this purpose. A significant investment was made in the area of Christian training for the purpose of achieving the objective of the charity.

In 2022 the trust continued in its ongoing vision and mission to be a functioning body of Christians who release the love of God in the power and demonstration of the Holy Spirit through the spiritual gifts appointed to each one. Equipping and training each person to know for themselves their identity as God's child and out of that security serve according to their own measure of grace and faith continued. Walking in day to day life with the Holy Spirit continued to be developed and we continued to take the message of the Father's love and our identity, purpose and calling as God's children both to our own nation and to the Ukraine through online training and financial support.

Seahaven Storehouse, our community food bank, has provided over £57,000 of food supplies as expressions of the Father's love to local families with continued increased demand for its services. This has only been possible through the generosity of members of the public and local voluntary groups who have given their money, time and energy to serve their community.

FINANCIAL REVIEW

Financial position

Full details of the results are shown in the financial statements that accompany this report.

We are pleased to report the church members have continued to give generously and enable the trust to meets its ministry commitments.

Funds available are sufficient to permit the Church to continue in operation in the medium term. The Trustees are satisfied that the charity is able to meet it's liabilities as they fall due.

Investment policy and objectives

The Trust Deed authorises the trustees to make and hold investments using general funds of the Charity, but no such investments are presently held.

Reserves policy

The policy of the Church is to maintain sufficient reserves which, in the opinion of the trustees allows them to cover management and administration costs and plan for the following years giving. At the year end the general reserve funds were £83,645.

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SEAFORD COMMUNITY CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 3 1 DECEMBER 2022 FUTURE PLANS AS i%'e look to the future our mission continues to bp. to take God's presence, love and power to oiir local comryunity, our region and our natlon 8nJ out to tho nauons through equippino and relpasing men and ¥%'ornen Inro their God given Identity PU"P05e and calling. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document I lie Cliurcl) is soverned by a Declaration of Trusl dated 20 September 1985 13nd Deed of Variation datc 20 mè.ch 19951 to proThote the adv3ncement of the Christian Faith oither in the Unired Killgdom or over5e3s Recruitment an¢ appolntment of new trustee5 Thp. trustees namcd or the iiformation page. hawe served ijuring the year. APPOintff p.r,tr of the trustees is gove.ned by the Trust Deed of the CTfinty. Thc Board ot r."usrees IS outhonsed to appoint new trustees Lo rill vac3nrles <￿￿41ng through re51gnat.'on or Oeith of an exlstlng trustee. Risk rnanagernent The tru5Lees have examined the operation81 risks which Charity faces and are satisfied that the SyStem5 cijrrently In place are surriiien.. lo enablo suih rigks to be minim15ed. Approved by DrdEr of the board of trustee5 on bv". and signed on Its behalf Nr H Vl 6ardsley Trusteo Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SEAFORD COMMUNITY CHURCH

Independent examiner's report to the trustees of Seaford Community Church

I report to the charity trustees on my examination of the accounts of Seaford Community Church (the Trust) for the year ended 31 December 2022.

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

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.

Mr J Greenslade FCCA

Gibbons Mannington & Phipps LLP Chartered Accountants Landgate Chambers 24 Landgate Rye East Sussex TN31 7LJ 30 October 2023 Date: .............................................

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SEAFORD COMMUNITY CHURCH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 67,160 Investment income 2 41 Total 67,201 EXPENDITURE ON Charitable activities Worship and Training 20,155 Ministry and Mission 34,641 Seahaven Storehouse - Giving 37,247 Administrative Support 4,500 Total 96,543 NET INCOME/(EXPENDITURE) (29,342) Transfers between funds 9 3,218 Net movement in funds (26,124) RECONCILIATION OF FUNDS Total funds brought forward 109,771 TOTAL FUNDS CARRIED FORWARD 83,647	Restricted funds £ 65,551 - 65,551 3,959 - 57,733 4,924 - 66,616 (1,065) (3,218) (4,283) 127,311 123,028	2022 Total funds £ 132,711 41 132,752 24,114 34,641 57,733 42,171 4,500 163,159 (30,407) - (30,407) 237,082 206,675	2021 Total funds £ 123,473 3 123,476 53,373 5,816 54,785 25,446 - 139,420 (15,944) - (15,944) 253,026 237,082

The notes form part of these financial statements

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SEAFORD COMMUNITY CHURCH BALANCE SHEET 31 DECEMBER 2022 2022 Total funds 2021 7otèl ftsnd5 Unrestricted funds A￿trIcted funds NDtes FIXED ASSETS Tdngible asrers 25,114 91.553 116,667 108,432 CURRENT ASSETS Dcbtors Cash at bank 4.187 56.695 4,187 88,170 6,927 123,910 31.475 60.882 3 1,475 92,357 130,837 CREDITQRS Arnount5 falling due. wlthln one year (2,3491 {2,349) (2,187) NET CURRENT ASSETS 58,533 31,475 90,008 128,650 TOTAL ASSETS LESS CURRENT LIABILITIES 83,647 123,028 206,675 237,082 NET ASSETS 83,647 123,028 206,675 237,082 FUNDS 83,647 123,028 L09,77 L L27,311 TOTAL FUNDS 206,675 231,082 The stale ents were approved by the Bcard of Trustees and authorise.d for Issue on and wero signed on Irs beholf bv.. Mr H W BDrdslcy TrLlStee The notcs forrti part of ttrie5¢ finanaal statcments Paot 6

SEAFORD COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

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.

Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. The value of services provided by volunteers has not been included. No permanent endowments have been received in the period.

Income from investments is included in the year in which it is receivable.

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.Direct charitable expenditure are those costs incurred directly on the furtherance and support of the objects of the charity.

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 Musical Equipment - 20% on reducing balance Fixtures and fittings - 20% on reducing balance Computer equipment - 20% on reducing balance

TAXATION

The charity is exempt from tax on its charitable activities.

FUND ACCOUNTING

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income and gains are allocated to the appropriate fund.

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SEAFORD COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

1. ACCOUNTING POLICIES - continued

DONATED GOODS

In order to achieve our mission the members of the church are helped and encouraged to volunteer their time, money, giftings and skills according to each person�s unique abilities and circumstances. All aspects of church life and ministry both internal and to the community at large are only achievable because of this voluntary serving.

The food bank is run by volunteers from the church alongside members of the public who give their time up to help. Donations of money and food come from the community and members of the church.

Ministry Schools are run with the help of team members who often serve at their own expense giving their time and meeting their own financial costs.

It is not possible to quantify the amounts of donated goods and services and therefore these have not been included in the accounts.

2. INVESTMENT INCOME

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|||| |---|---|---| |2022|2021| |£|£| |Bank interest|41|3|

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3. TRUSTEES' REMUNERATION AND BENEFITS

Mr J Hammond received remuneration in the year totalling £1,794 relating to ministerial services. No further remuneration was paid to trustees.

TRUSTEES' EXPENSES

A trustee has received reimbursement from the Church for out-of-pocket expenses incurred.

Another trustee received payments for ministerial services performed for the Church. These payments totalled £4,500 in the year to 31 December 2022.

The above expenses relate to services to the Church other than that of being trustees. No expenses have been reimbursed to trustees in relation to expenses incurred as trustees.

4. STAFF COSTS

The average monthly number of employees during the year was as follows:

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|||| |---|---|---| |2022|2021| |Support and administration|2|4|

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No employees received emoluments in excess of £60,000.

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SEAFORD COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 68,962 Investment income 3 Total 68,965 EXPENDITURE ON Charitable activities Worship and Training 49,414 Ministry and Mission 5,816 Seahaven Storehouse - Giving 25,446 Total 80,676 NET INCOME/(EXPENDITURE) (11,711) RECONCILIATION OF FUNDS Total funds brought forward 121,482 TOTAL FUNDS CARRIED FORWARD 109,771 6. TANGIBLE FIXED ASSETS Fixtures Freehold Musical and property Equipment fittings £ £ £ COST At 1 January 2022 197,949 6,313 47,344 Additions 8,999 - 4,948 At 31 December 2022 206,948 6,313 52,292 DEPRECIATION At 1 January 2022 93,270 6,283 43,927 Charge for year 4,139 6 1,673 At 31 December 2022 97,409 6,289 45,600 NET BOOK VALUE At 31 December 2022 109,539 24 6,692 At 31 December 2021 104,679 30 3,417	Restricted funds £ 54,511 - 54,511 3,959 - 54,785 - 58,744 (4,233) 131,544 127,311 Computer equipment £ 9,221 209 9,430 8,915 103 9,018 412 306	Total funds £ 123,473 3 123,476 53,373 5,816 54,785 25,446 139,420 (15,944) 253,026 237,082 Totals £ 260,827 14,156 274,983 152,395 5,921 158,316 116,667 108,432

It is not considered practical for a valuation of the freehold property to be obtained. The trustees consider that market value would not be lower than the net book value as shown above.

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SEAFORD COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other debtors Tax 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Taxation and social security Other creditors 9. MOVEMENT IN FUNDS Net movement At 1/1/22 in funds £ £ Unrestricted funds General fund 67,155 (7,433) Giving Fund 5,783 (32,262) Ministry Fund 3,929 4 Barnabas Ministry Fund 32,047 (3,130) Barnabas Ministry Giving Fund 857 - IPC Special Offerings - 8,968 IPC Donations - 4,511 109,771 (29,342) Restricted funds Seahaven Storehouse 31,799 (4,893) Building Reserve 95,512 (3,959) Ukraine - 7,787 127,311 (1,065) TOTAL FUNDS 237,082 (30,407)	2022 £ - 4,187 4,187 2022 £ 372 1,977 2,349 Transfers between funds £ (13,865) 32,503 (1,729) (209) (857) (8,968) (3,657) 3,218 (3,218) - - (3,218) -	2021 £ 2,844 4,083 6,927 2021 £ 448 1,739 2,187 At 31/12/22 £ 45,857 6,024 2,204 28,708 - - 854 83,647 23,688 91,553 7,787 123,028 206,675

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SEAFORD COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

9. MOVEMENT IN FUNDS - continued

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

Unrestricted funds General fund Giving Fund Ministry Fund Barnabas Ministry Fund IPC Special Offerings IPC Donations Restricted funds Seahaven Storehouse Building Reserve Ukraine TOTAL FUNDS	Incoming resources £ 48,865 (32,270) (1) 37,128 8,968 4,511 67,201 52,840 - 12,711 65,551 132,752	Resources expended £ (56,298) 8 5 (40,258) - - (96,543) (57,733) (3,959) (4,924) (66,616) (163,159)	Movement in funds £ (7,433) (32,262) 4 (3,130) 8,968 4,511 (29,342) (4,893) (3,959) 7,787 (1,065) (30,407)

Comparatives for movement in funds

Unrestricted funds General fund Giving Fund Ministry Fund Barnabas Ministry Fund Barnabas Ministry Giving Fund Restricted funds Seahaven Storehouse Building Reserve TOTAL FUNDS	At 1/1/21 £ 82,121 4,979 3,927 29,506 949 121,482 32,073 99,471 131,544 253,026	Net movement in funds £ (11,709) - - (1) (1) (11,711) (274) (3,959) (4,233) (15,944)	Transfers between funds £ (3,257) 809 - 2,541 (93) - - - - -	At 31/12/21 £ 67,155 5,788 3,927 32,046 855 109,771 31,799 95,512 127,311 237,082

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SEAFORD COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

9. MOVEMENT IN FUNDS - continued

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

Unrestricted funds General fund Barnabas Ministry Fund Barnabas Ministry Giving Fund Restricted funds Seahaven Storehouse Building Reserve TOTAL FUNDS	Incoming resources £ 68,967 (1) (1) 68,965 54,511 - 54,511 123,476	Resources expended £ (80,676) - - (80,676) (54,785) (3,959) (58,744) (139,420)	Movement in funds £ (11,709) (1) (1) (11,711) (274) (3,959) (4,233) (15,944)

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

Unrestricted funds General fund Giving Fund Ministry Fund Barnabas Ministry Fund Barnabas Ministry Giving Fund IPC Special Offerings IPC Donations Restricted funds Seahaven Storehouse Building Reserve Ukraine TOTAL FUNDS	At 1/1/21 £ 82,121 4,979 3,927 29,506 949 - - 121,482 32,073 99,471 - 131,544 253,026	Net movement in funds £ (19,142) (32,262) 4 (3,131) (1) 8,968 4,511 (41,053) (5,167) (7,918) 7,787 (5,298) (46,351)	Transfers between funds £ (17,122) 33,312 (1,729) 2,332 (950) (8,968) (3,657) 3,218 (3,218) - - (3,218) -	At 31/12/22 £ 45,857 6,029 2,202 28,707 (2) - 854 83,647 23,688 91,553 7,787 123,028 206,675

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SEAFORD COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

9. MOVEMENT IN FUNDS - continued

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 Giving Fund Ministry Fund Barnabas Ministry Fund Barnabas Ministry Giving Fund IPC Special Offerings IPC Donations Restricted funds Seahaven Storehouse Building Reserve Ukraine TOTAL FUNDS	Incoming resources £ 117,832 (32,270) (1) 37,127 (1) 8,968 4,511 136,166 107,351 - 12,711 120,062 256,228	Resources expended £ (136,974) 8 5 (40,258) - - - (177,219) (112,518) (7,918) (4,924) (125,360) (302,579)	Movement in funds £ (19,142) (32,262) 4 (3,131) (1) 8,968 4,511 (41,053) (5,167) (7,918) 7,787 (5,298) (46,351)

The purposes of the restricted and unrestricted funds are as follows:

General fund - the income is generated from regular planned giving for the furtherance of the charity's objective to promote the advancement of the Christian Faith either in the United Kingdom or overseas. Other unrestricted funds are allocations from the general fund for budgeting and future planning purposes.

Giving fund - for giving out of the general fund.

Barnabas ministries fund - the identification of gift aid tax reclaims arising from general fund giving and an allocation out of the general fund to support local, national and international ministry activities.

Barnabas ministries giving fund - for giving arising from itinerant ministry work and external relationships.

Ministry fund - to support ministry and administration.

Building reserve fund - The fund represents the improvements made to the premises occupied by the church.

Seahaven Storehouse - The fund is for the purpose of providing food to those in need in the local community.

Ukraine - The fund is for the purpose of supporting our ministry in Ukraine.

TRANSFERS BETWEEN FUNDS

The fixed assets purchased by the charity in the year using restricted funds do not have restricted conditions attached to their usage, and as such a transfer has been made to the general funds to reflect this.

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SEAFORD COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

10. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2022.

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SEAFORD COMMUNITY CHURCH DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

INCOME AND ENDOWMENTS Donations and legacies Donations Income tax refunds Foodbank income School & event fees Investment income Bank interest Total incoming resources EXPENDITURE Charitable activities Insurance Telephone Public worship Foodbank costs Training and evangelism Grants to individuals Support costs Management Wages Premises costs Postage and stationery Ministerial services Finance Bank charges Freehold property Musical equipment Fixtures and fittings Computer equipment Governance costs Independent examination fee Total resources expended Net expenditure	2022 £ 62,768 15,802 50,291 3,850 132,711 41 132,752 1,416 636 - 57,723 6,545 42,171 108,491 38,074 3,849 219 4,500 46,642 5 4,139 6 1,673 103 5,926 2,100 163,159 (30,407)	2021 £ 55,814 14,159 53,500 - 123,473 3 123,476 - - 251 54,785 2,830 25,446 83,312 43,518 5,552 - - 49,070 30 3,959 7 854 76 4,926 2,112 139,420 (15,944)

This page does not form part of the statutory financial statements

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