**REGISTERED CHARITY NUMBER: 297569** 

## **REPORT OF THE TRUSTEES AND** 

## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

## **FOR** 

## **THURROCK CHRISTIAN FELLOWSHIP TRUST** 

Brindley Millen Ltd 167 Turners Hill 

Cheshunt Hertfordshire EN8 9BH 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2021** 

|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|7|
|**Independent Examiner's Report**||8||
|**Statement of Financial Activities**||9||
|**Balance Sheet**||10||
|**Cash Flow Statement**||11||
|**Notes to the Cash Flow Statement**||12||
|**Notes to the Financial Statements**|13|to|22|
|**Detailed Statement of Financial Activities**|23|to|24|





**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2021** 

The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

Thurrock Christian Fellowship is a Christian Church that meets for: 

- The worship of God 

- - The instruction and edification of Christians - The care and Christian instruction of young people and children 

- - The evangelism of non-Christians 

- - The relief of poverty and sickness 

- - The advancement of the Christian faith generally in the UK and abroad 

Over the year the Trust had involved itself in the following projects and activities in the pursuance of these main aims and objectives for the public benefit. 

## **ACHIEVEMENT AND PERFORMANCE Charitable activities** 

## **TCF - A Christian Church** 

Thurrock Christian Fellowship is a small but vibrant, growing, local church in the borough of Thurrock, South Essex. We believe that God has called Thurrock Christian Fellowship (TCF) to help transform Thurrock, Essex and, ultimately the wider UK, with the message and person of Jesus Christ. Our aim is to serve God in creating a growing community of people who know and love Jesus Christ and whose lives encourage others to experience his message of hope and salvation. 

We are particularly passionate about: 

- Worshipping God, seeking Him, and expecting to experience his profound presence as we do so; 

- Encouraging the supernatural gifts of the Holy Spirit to be utilised by every believer as we gather together; 

- - Expecting to see the Lord working through our day-to-day lives in a supernatural way as we pray, listen expectantly to his voice, and ask him to bless and to heal other people; 

- - The Bible: therefore we read it, meditate on it, preach it, teach it and put it into practice in our lives; 

- The Gospel: the message of hope and salvation for the whole world and the main instrument to enlarge the Kingdom of God; 

- - Care for those suffering physically, materially, mentally and spiritually; 

- Generosity in attitude and in financial giving to the work of God; 

- Sound doctrine: we embrace the Evangelical Alliance's statement of faith; 

- The Christian community in all its aspects.  We work with, and learn from, other churches and other Christians.  We view the global church as the Bride of Christ, the Body of Christ and the Family of God. 

- Leadership is 'Team', rather than one person being in overall charge.  We listen to the Holy Spirit and lead the church jointly; we exercise our authority gently and take our responsibilities seriously. 

Our own Community Groups meet throughout the week at various locations across Thurrock and they are at the core of our life in TCF. Community Groups provide a place of belonging within the wider vision and help to anchor a sense of identity and purpose as well as encouraging accountability and service. It is here, that we also encourage our vision for mission starting in our everyday lives and reaching out through activities such as local forums, camping holidays, street evangelism or supporting Christian projects in the Balkans. 

Once a month we suspend Community Group meetings and gather together for a 'Seeking God' meeting, where we worship, listen to the Holy Spirit speaking to us and pray about key issues relating to the church. 

## **TCF Ministry Staff** 

Thurrock Christian Fellowship has a team of four leaders: 

John Freeman, Glenda Freeman, Gillian Cranefield and Andy Acreman. They take the main responsibility for directing and leading the church and meet formally a least once a month, sometimes with others. TCF has good relationships with other churches both local and further afield, and the input from their leaders and other key people has proved invaluable over the past year. 

The TCF Administration consists of John Freeman and two other part time staff. Between them they are employed to provide administrative support to the whole of the TCF Church as well as to several main ministries including the TCF Preschool, Thurrock Foodbank, and the CAP (Thurrock) Debt Centre. 

Page 1 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2021** 

## **TCF Mission Budget** 

The Mission Budget is set at 10% of TCF's income for the previous year, therefore the amount allocated has decreased the last few years in line with the declining total income.  We have supported the following: 

**Kosova** - Our ministry in Kosova is focused into supporting Victory Church in the town of Gjakova, their leaders (Faton & Kajmelina Berisha) and the ministries they are involved in. 

**Albania** - Here we support church leaders and missionary worker under the direction of Tomor & Miranda Ajeti from the Victory Church in Tirana. 

**The Mission Aviation Fellowship** - a Christian organisation that uses light aeroplanes to deliver relief workers, doctors, pastors, books, food and medicines to so me of the remotest and most inaccessible parts of the world. 

**School of Ministries** - an international Christian organisation that trains church leaders across the world. 

The Mission Budget also continues to fund the **Christians Against Poverty (Thurrock) Debt Centre** and to make monthly donations to **Christians Against Poverty ('CAP') UK** central funds, relating to the Debt Centre's use of CAP UK's financial expertise and advice to CAP Thurrock's clients. 

## **Treasure Children Forever Pre School - Corringham** 

Our Preschool caters for children aged 2 years to 5 years. It presently employs 21 regular staff, with 7 staff members providing cover for one-to-one support for 8 children with additional needs. The Preschool has grown in reputation for working with children with Special Education needs and is now working with children that have moderate to severe education and health needs. It continues to be fully subscribed.  It has a very good reputation in the area with many recommendations from parents to family and friends. 

The Preschool was last inspected by Ofsted on the 22nd of October 2015 and received an overall 'Outstanding' for the second successive time.  Below is a quoted from this latest inspection report. 

"The provider has a thorough understanding of the requirements of the Early Years Foundation Stage. Staff are highly valued. This leads to excellent partnership working throughout the pre-school. Close communication with outside agencies helps to meet the needs of families. Parents speak highly of the pre-school and say that their children's confidence has increased since attending. Safeguarding is effective. Staff have an excellent understanding of the importance of safeguarding children through highly effective recruitment and induction arrangements.  Staff attend regular training and take part in extensive, in-house updates at staff meetings". 

The Preschool continues to remain in a healthy financial position and has a secure future. 

Staff training continues. During the year the whole staff team have undertaken various training courses, including safeguarding, thereby ensuring we stay compliant with Ofsted requirements. Due to Covid all training has been undertaken online. Supplied by Noodle now. 

Due to Covid 19 the Preschool worked in bubbles for keyworkers, vulnerable children and children with Educational Health Care Plans. From September 2020 we opened to all children. As per Government advice for Early Years we remained open to all children even during the second lockdown. The Preschool has remained open during the entirety of the pandemic. 

Page 2 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

**REPORT OF THE TRUSTEES** 

**for the Year Ended 31 March 2021** 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Thurrock CAP Centre** 

Christians Against Poverty (CAP) is a national debt counselling charity working through a network of centres based in local churches across the UK. CAP offers expert financial advice and a route out of debt, in addition to its message of Christian hope through the gospel of Jesus Christ.  Its services are free and are open to clients of all faiths or none. 

## **Summary** 

This entire period has of course been affected by the Covid pandemic and associated legal restrictions to all organisations and activities. Despite very significant challenges it has been a positive year for the Centre. Our main task as a local Centre is to pull clients out of any immediate financial crisis, assist where possible with urgent practical needs, move them through the information gathering and financial advice stages, and support them as they stabilise onto a long-term plan. 

## **Recent background.** 

For the past 3-4 years there had been a gradual build in complexity per debt case nationally, which eventually exceeded most debt advice providers' capacity. In Autumn 2019 CAP reluctantly declared a 6-month pause on new referrals, but in Thurrock we  already had a three-month waiting list, and also used the time to develop our systems and volunteer network. In early 2020 the CAP Debt Helpline reopened to new referrals. After about five long-term cases achieved debt-freedom in the first half of 2020, most of our current cases originated in 2020-2021 and thus are still on their journey out of debt. 

## **Finances** 

It costs the CAP Thurrock Centre about £500-£600 per month to run. The main cost is the normal £500 pm we contribute towards the CAP Head Office Debt Advice Teams, who provide the financial advice for our clients, contact creditors, arrange payments or insolvency proceedings and so on. The contribution we pay also includes regular FCA-required training and any CAP resources, like the client workbooks. Additional costs from this budget are monthly mileage and expenses if any of the Debt coach and purchasing any additional resources. 

We started the year with 20 months funding in hand, thanks to a Local Grant addition, which reduced the urgency for additional fundraising activity, thankfully enabling the increased focus on meeting the needs of our clients during the pandemic and adapting to COVID-19. Now, the CAP Thurrock Fund has about £5500 remaining, which is enough for around 9-10 more months. Recently a volunteer from among the Trustees has agreed to assist the Centre Manager with funding bids. 

The Centre Manager's individual support has been stable this year; he gained a few extra personal supporters and thankfully lost none. Part of the Local Grant was also for his role and enabled him to reduce his other part time paid work, and thereby increase his CAP hours. 

## **Centre Workload** 

From April-July 2020 there was a huge drop nationally in self-referrals to the debt advice industry, most likely due to the overwhelming impact of Covid on every area of personal and operational life. Face to face visits in clients' homes, a bedrock of  CAP support, had to be stopped. After a pause in April to re-work the CAP system, from May onwards it resumed, through telephone/video call visits instead. 

Although there was a numerical decrease in clients seen at the Centre in the last 12 months, qualitatively the workload greatly increased. Previously cases typically required on average 2-3 days of work in total (direct contact plus preparation, follow up and admin) from initial contact to a stable budget and identifying a chosen debt solution. However, conducting 'visits' remotely or occasionally at the office rather than in their homes (frequently with clients who have literacy, memory, physical or mental health or IT challenges) takes much longer to gather and document the necessary information. It is also much harder for the Debt Coach to notice cues or help clients locate their information (or even open letters for them) when not physically present. Overall, there were many more total hours invested in each case, which required all our capacity just to keep progressing. 

August-November 2020 there were more new cases, especially in November. Each of these has been among the most difficult encountered to date, partly because help had been delayed, debts had increased and clients were desperate. Lockdown had also adversely affected client's mental health and diminished their coping mechanisms and support and increased any associated abuse. 

From November-2020 to January-2021 there was another lull in new referrals, but the intensity of ongoing work continued. From February-May 2021 new cases increased again, and the previous ones finally finished the setup process and moved to long term debt help plans. These cases look likely to continue the profile of greater complexity. 

CAP Money Courses were also impacted by lockdowns and restrictions on face-to-face meetings, but eventually CAP nationally was able to produce and trial a model of remote delivery, and a couple of such courses was able to run in Thurrock. Unfortunately, take-up was still low with people saying they would prefer to wait until they could meet in person. 

Page 3 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

**REPORT OF THE TRUSTEES** 

**for the Year Ended 31 March 2021** 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Thurrock FoodBank** 

What an incredible year 2020 was, overcoming numerous unprecedented challenges. It has been heartening to witness the overwhelming generosity and support of the public, and the dedication of our volunteers during this period of uncertainty has been amazing. Thurrock Foodbank continued to deliver a fantastic service to the people of Thurrock, providing them hope for a better future. We continue to be well and truly blessed! 

We had to operate with a limited core team, and we were also able to welcome some temporary volunteers. They worked through the periods of lockdown with such great commitment. They all worked really hard through December and into the New Year, adapting to various changes that we had to make. The generosity was overwhelming, with us receiving many generous financial donations. As a result, we replaced the cardboard boxes we were previously using with plastic 'tote' boxes with attached lids. These have better storage and superior stacking ability, as well as being better for the transportation of the food parcels. We also took the opportunity to reorganise the warehouse to utilise all the available space. 

We were also delighted to have taken delivery of our new van. Being a little larger than our previous van, it enables us to be more efficient and to get all the deliveries loaded in one go, thus avoiding a number of trips. 

We operate ten foodbank Distribution Centres across Thurrock, but unfortunately due to the age and COVID vulnerability of the volunteers, our Tilbury distribution centre had to close for a period; although this wasn't a major problem as we were able to direct our clients to another nearby centre. 

We are also opened a new distribution centre here at Corringham, with many of our referral agencies coming to collect food parcels and associated items. The Local Area Coordinators ('LACs') from Thurrock Council continue to come in person to collect food parcels to deliver to their clients. 

The continued good work of Foodbanks continues to be well publicised via social media channels and has been a great platform for getting help and support. We have maintained our good relationships with Tesco, Sainsburys, ASDA , Morrisons, and the local CO-OP's.  We continue to receive a weekly donation from Amazon, often including some weird and wonderful food items. 

The interaction with Thurrock Council LAC's and associated teams, the Well Homes Team, continues to be a good direct link to some of our clients and demonstrates the difference that we are able to make to the lives of families and individuals in desperate need across Thurrock. These relationships ensure that we are not only able to provide food but, aligned with the Trussell Trust strategy, we are able to signpost people to the help that they actually need, whether it be debt advice, addiction help, or mental health assistance etc. This year we have been asked to make up 180 Christmas Hampers for those in need. 

We have partnerships with local schools & colleges who support us throughout the year but especially at Harvest Festival and Christmas times. We also have a developing partnership with Palmers college whose students did a great job packing those hampers. We look forward to continued development of that relationship in the future. 

## **Statistics:** 

Since 1st April 2020 we have served 8483 people, 3808 of which have been children; this is an increase of 40% over the same  period in the previous year. 

## **The Future:** 

Thurrock Foodbank continues to develop and is in the process of becoming of Pathfinder Foodbank that will work to find an end to society's need for a Foodbank in the Thurrock area; and to provide a service that ensures that people get the help they need for their situation, without being reliant on a foodbank for their essentials. 

## **FINANCIAL REVIEW** 

## **Financial position** 

The Trustees, Advisors and Administrators have worked hard over this year in all areas of financial accounting and controls to ensure that the finances of TCF are used effectively in our ministry. The members of TCF have continued to give generously and, as  always, God has been gracious to us all. In addition to the church's income from tithes, offerings and hall rental, fundraising is received through offerings, including a monthly 'Special Offering', which is an opportunity for members to contribute directly to a Foodbank collection, as well as the Thurrock CAP Debt Centre and the Poor & Needy Fund. In this context, including Preschool fees, we are thankful for total 'Incoming Resources' of £892,273. Against this our total 'Outgoing Resources' amounted to £637,895, leaving us at a surplus over the year of £254,378. 

At the end of the year, there was a total of £443,039 in the TCF bank accounts. 

Page 4 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2021** 

## **FINANCIAL REVIEW** 

## **Reserves policy** 

The Trustees have reviewed the Reserves Policy and consider it prudent to keep sufficient reserves to cover any unforeseen circumstances such as redundancy etc. These reserves are not invested in tangible assets but are kept restricted in line with the TCF Business Policy. The ongoing aim is to have sufficient funds to cover the total staff wages for a period of 3 months, but this is not possible at present.  Currently, there is a sum of £47,500 that has been set aside. 

## **Effects of the COVID-19 Pandemic** 

The onset of the Coronavirus pandemic within the UK during March 2020 inevitably caused change and disruption to the operations and work of both TCF Church and the Trust. By UK Government decree, all TCF church face-to-face gatherings ceased, and the church began to meet, both on Sundays and for midweek meetings, using interactive electronic communications ('Zoom'). Later in the year, the TCF leaders took the view that the subsequent partial relaxation of the Government regulations on places of worship - which limited congregation numbers, continued to require face coverings and banned singing entirely - still prevented the congregation worshipping together face-to-face in any meaningful way. Our Zoom meetings therefore continued for the remainder of this financial year (and beyond) and were highly effective, in any case. 

For most of the financial year, our weekday hall hirers chose to discontinue renting from us, mainly due to pandemic regulations, resulting in a significant loss of income to the Trust. However, our Preschool remained open but, initially, only to the children of Key Workers; this required some of our staff to be 'furloughed' for 3-4 months. Thurrock Foodbank, as an essential activity, continued its operations and, indeed, needed to expand them due to the greater demand from clients over the whole year. Consequently, the main church hall was converted into a Foodbank Distribution and additional storage centre. CAP (Thurrock) modified its operations - see its own report - but the demand from its debt clients was certainly not diminished. 

Financially, therefore, the Trust operated on a reduced income, largely due to fees from hall hiring being reduced to zero. Having previously converted most of our church members' giving to standing order or online payment, the loss of face-to-face meetings had less of an impact on 'giving' than some other churches experienced. Notwithstanding these financial setbacks, we a pleased to report that God, by His grace, met all our needs and minimised the shortfall in our funds. Our overall finances remain secure for the long term. 

Our 'Spacious Place' vision - of a community café, integrated Foodbank Distribution Centre, Cap Debt Centre, and Preschool, all combining resources to help the community and bring the good news of Jesus to the local population - required a considerable amount of re-configuration to our buildings, which will cost a great deal. However, the Trust has applied for large numbers of grants from a wide range of different grant providers and - by God's grace - has been hugely successful in attracting grants totalling £164,388. 

It is planned to commence building works in mid-August 2021 and for these to be finished by the end of 2021. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

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

The Board of Trustees is a team of seven people; this includes Trustees, any appointed Advisors and Executives, and other board members representing the Church Leadership Team.  The board meets a minimum four times per annum. 

|Trustees|Andrew Acreman - Chairman|
|---|---|
||Ricky Cranefield - Secretary|
||Godfred Adomako - Treasurer|
||Nicola Nsubuga (resigned 18th January 2021)|
||Claire Ruff (appointed 5th March 2021)|
|Executives|John Freeman - Administrative Manager & Leadership Team Member|
||Rachel Hicks - Senior Administrative Team Member|
||Alison Jones - Preschool Manager & Safeguarding Officer|



Page 5 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **REPORT OF THE TRUSTEES** 

## **for the Year Ended 31 March 2021** 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Recruitment and appointment of new trustees** 

Trustees are recruited from within the church membership. They are active, reliable members, of reasonably long standing within TCF. They are people who clearly demonstrate their understanding and commitment to the vision and values of the church, are deemed to be of good Christian character, and give financially to the work of God in accordance with Biblical beliefs. Furthermore, they are people who demonstrate a competence commensurate with the fulfilment of the responsibilities of Trustees. 

New Trustees are proposed by existing Trustees, in consultation with the Church Leadership, which has a veto over the appointment of any Trustee. New Trustees are invited to attend regular Trustees' meetings for an initial minimum period of 6 months, functioning in a probationary capacity, but with full decision-making power. After this probationary period, if approved by the existing Trustees and Church Leadership, they would normally be invited by the existing Trustees to take up the permanent role of a Trustee, with written confirmation of each appointment from the Chairman. After this, there would normally follow a discussion of the specific roles and functions of each new Trustee within the Board. 

## **Induction and training of new trustees** 

The formal invitation to become a Trustee 'on probation' would include a copy of the Charity Commissions publication outlining "Responsibilities of Charity Trustees", the latest of which is "The Essential Trustee: What you need to know" (July 2015). Each invitee is invited to spend a day in the Church Office, speaking to our administrative staff and reviewing past minutes and financial documents. Also, these invitees will both observe, and participate in, a number of Trustees' meetings before being formally invited to become a permanent Trustee, usually over a 6-month period. In addition, there is the opportunity for informal mentoring by an existing Trustee and an encouragement to attend external training or conference meetings as required by the Trust. 

## **Risk management** 

The Trustees are constantly reviewing the major risks to which the Charity is exposed with a view to updating the systems already in place to mitigate these risks wherever possible. Regular reviews are placed on each Trustee agenda and undertaken in relation to 'Health & Safety', 'Financial Controls & Management', 'Human Resources', 'Insurance', 'Safeguarding Policy', 'Compliance' and 'Changes in Legislation / External Factors'. 

## **TCF Safeguarding Policy** 

We adhere strictly to our 'Child Protection Policy', which has been updated to adhere to the changes within legislation. All new children- and youth- workers will continue to be DBS (Disclosure and Barring Service) checked. 

Regular training event takes place, which are both a refresher for existing youth- and children- workers, and an introduction to safeguarding for new workers. The training incorporates safeguarding vulnerable adults, particularly in relation to the work of CAP (Thurrock) and the Thurrock Foodbank, and also provides the opportunity to highlight to all volunteers any amendments or additions to the policy and remind them of best practice. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 

297569 

## **Principal address** 

2-4 Chase Road Corringham Essex SS17 7QH 

## **Trustees** 

A Acreman Chair R Cranefield Mrs N Nsubuga (resigned 18.1.21) G Adomako Ms C Ruff (appointed 8.3.21) 

## **Independent Examiner** 

Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH 

Page 6 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **REPORT OF THE TRUSTEES** 

## **for the Year Ended 31 March 2021** 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Solicitors** 

Margaret Reynolds 24 London Road Grays Essex RM17 5XY 

## **Administrative Information** 

The TCF administrative offices are based at the principal address above. 

|Telephone|01375 641867|
|---|---|
|Email|tcfadmin@thurrockcf.org.uk|
|Website|www.thurrockcf.org.uk|



There are a team of administrators serving the work and ministry of TCF.  These people are; 

Mr John Freeman - Administrative Manager 

- with particular responsibility for the management of the Administration Team. 

Mrs Rachel Hicks - Senior Administrative Team Member 

- with particular responsibility for all areas of finance, payroll & Trustee support 

Mrs Ceri Norton - Administrative Team Member 

- with responsibility for Pre School administration, finances and invoicing, and hall hiring 

Mrs Gillian Cranefield - Administrative Team Member 

- with responsibility for church administration and communication 

Sep 24, 2021 Approved by order of the board of trustees on ............................................. and signed on its behalf by: 


.............................................................................. A Acreman - Trustee 

Page 7 



**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **Independent examiner's report to the trustees of Thurrock Christian Fellowship Trust** 

I report to the charity trustees on my examination of the accounts of Thurrock Christian Fellowship Trust (the Trust) for the year ended 31 March 2021. 

## **Responsibilities and basis of report** 

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

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

## **Independent examiner's statement** 

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

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 

2. the accounts do not accord with those records; or 

3. 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. 

## mwbrindley 

mwbrindley (Sep 24, 2021 12:40 GMT+1) 

Maurice Brindley FCA BSc 

Institute of Chartered Accountants in England & Wales Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH 

Date: .............................................Sep 24, 2021 

Page 8 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2021** 

|Notes<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>2<br>Other trading activities<br>3<br>Investment income<br>4<br>Other income<br>**Total**<br>**EXPENDITURE ON**<br>**Charitable activities**<br>5<br>Church operations<br>**NET INCOME**<br>**Transfers between funds**<br>13<br>**Net movement in funds**<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>**TOTAL FUNDS CARRIED FORWARD**|Unrestricted<br>funds<br>£<br>75,410<br>305,970<br>24<br>57,409<br>438,813<br>241,976<br>196,837<br>5,423<br>202,260<br>1,030,886<br>1,233,146|Restricted<br>funds<br>£<br>447,440<br>-<br>2<br>6,018<br>453,460<br>395,919<br>57,541<br>(5,423)<br>52,118<br>52,821<br>104,939|31.3.21<br>Total<br>funds<br>£<br>522,850<br>305,970<br>26<br>63,427<br>892,273<br>637,895<br>254,378<br>-<br>254,378<br>1,083,707<br>1,338,085|31.3.20<br>Total<br>funds<br>£<br>183,262<br>328,901<br>36<br>7,360|
|---|---|---|---|---|
|||||519,559<br>503,637|
|||||15,922<br>-|
|||||15,922<br>1,067,785|
|||||1,083,707|



The notes form part of these financial statements 

Page 9 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **BALANCE SHEET** 

## **31 March 2021** 

|Notes<br>**FIXED ASSETS**<br>Tangible assets<br>10<br>**CURRENT ASSETS**<br>Debtors<br>11<br>Cash at bank and in hand<br>**CREDITORS**<br>Amounts falling due within one year<br>12<br>**NET CURRENT ASSETS**<br>**TOTAL ASSETS LESS CURRENT LIABILITIES**<br>**NET ASSETS**<br>**FUNDS**<br>13<br>Unrestricted funds<br>Restricted funds<br>**TOTAL FUNDS**|Unrestricted<br>funds<br>£<br>875,000<br>2,326<br>361,628<br>363,954<br>(5,808)<br>358,146<br>1,233,146<br>1,233,146|Restricted<br>funds<br>£<br>23,528<br>-<br>81,411<br>81,411<br>-<br>81,411<br>104,939<br>104,939|31.3.21<br>Total<br>funds<br>£<br>898,528<br>2,326<br>443,039<br>445,365<br>(5,808)<br>439,557<br>1,338,085<br>1,338,085<br>1,233,146<br>104,939<br>1,338,085|31.3.20<br>Total<br>funds<br>£<br>875,000<br>949<br>213,772<br>214,721<br>(6,014)<br>208,707<br>1,083,707<br>1,083,707<br>1,030,886<br>52,821<br>1,083,707|
|---|---|---|---|---|



The financial statements were approved by the Board of Trustees and authorised for issue on .............................................Sep 24, 2021 and were signed on its behalf by: 


............................................. 

A Acreman - Trustee 

## Ricky Cranefield 

Ricky Cranefield (Sep 24, 2021 10:14 GMT+1) ............................................. R Cranefield - Trustee 

The notes form part of these financial statements 

Page 10 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **CASH FLOW STATEMENT** 

## **for the Year Ended 31 March 2021** 

|Notes<br>**Cash flows from operating activities**<br>Cash generated from operations<br>1<br>Net cash provided by operating activities<br>**Cash flows from investing activities**<br>Purchase of tangible fixed assets<br>Sale of tangible fixed assets<br>Interest received<br>Net cash (used in)/provided by investing activities<br>**Change in cash and cash equivalents in the**<br>**reporting period**<br>**Cash and cash equivalents at the beginning of**<br>**the reporting period**<br>**Cash and cash equivalents at the end of the**<br>**reporting period**|31.3.21<br>£<br>252,891<br>252,891<br>(29,410)<br>5,760<br>26<br>(23,624)<br>229,267<br>213,772<br>443,039|31.3.20<br>£<br>9,932|
|---|---|---|
|||9,932|
|||-<br>-<br>36|
|||36|
||||
|||9,968<br>203,804|
|||213,772|



The notes form part of these financial statements 

Page 11 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **NOTES TO THE CASH FLOW STATEMENT for the Year Ended 31 March 2021** 

## **1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES** 

|**Net income for the reporting period (as per the Statement of Financial**<br>**Activities)**<br>**Adjustments for:**<br>Depreciation charges<br>Profit on disposal of fixed assets<br>Interest received<br>(Increase)/decrease in debtors<br>Decrease in creditors<br>**Net cash provided by operations**|31.3.21<br>£<br>254,378<br>5,882<br>(5,760)<br>(26)<br>(1,377)<br>(206)<br>252,891|31.3.20<br>£<br>15,922<br>-<br>-<br>(36)<br>28<br>(5,982)|
|---|---|---|
|||9,932|



2. **ANALYSIS OF CHANGES IN NET FUNDS** 

||At 1.4.20|Cash flow|At 31.3.21|
|---|---|---|---|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|213,772|229,267|443,039|
||213,772|229,267|443,039|
|**Total**|213,772|229,267|443,039|



The notes form part of these financial statements 

Page 12 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

**NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2021** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements and assessment of going concern** 

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. 

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. 

The financial statements are presented in sterling (£). 

## **Critical accounting judgements and key sources of estimation uncertainty** 

In preparing financial statements it is necessary to make certain judgements, estimated and assumptions that affect the amounts recognised in the financial statements. The following judgements and estimates are considered by the trustees to have most significant effect on amounts recognised in the financial statements. 

Useful economic life of tangible fixed assets: 

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets. 

## **Income** 

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

## **Expenditure** 

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

## **Tangible fixed assets** 

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

|Improvements to property|- 10% on cost|
|---|---|
|Fixtures and fittings|- 20% on cost|
|Motor vehicles|- 20% on cost|
|Computer equipment|- 33% on cost|



No depreciation is charged in respect of freehold land and buildings as the residual value of the property after its estimated useful life is anticipated to be at least the carrying value of the property show in the financial statements. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Debtors** 

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid. 

## **Cash at bank and in hand** 

Cash at bank and in hand includes cash, current bank accounts and deposit bank accounts with no withdrawal limitations. 

## **Creditors** 

Creditors are recognised where then charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount. 

## **Financial instruments** 

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially settled at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 

continued... 

Page 13 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021** 

## **1. ACCOUNTING POLICIES - continued** 

## **Fund accounting** 

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

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

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

## **Pension costs and other post-retirement benefits** 

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

## **2. DONATIONS AND LEGACIES** 

|**DONATIONS AND LEGACIES**|||
|---|---|---|
|Donations and offerings<br>Gift aid<br>Grants<br>Donated services and facilities<br>Sundry income|31.3.21<br>£<br>138,821<br>9,742<br>164,388<br>209,368<br>531<br>522,850|31.3.20<br>£<br>75,026<br>6,409<br>-<br>94,958<br>6,869|
|||183,262|



During the year the Foodbank received food donations totalling £209,368 (2020: £94,958). This figure was calculated using the Trussell Trust suggested valuation of £1.68p/Kg of donated food (2020: £1.68p/Kg). 

Grants received, included in the above, are as follows: 

|Big Local<br>Essex Community Foundation<br>Griffin<br>Lottery Funding<br>Protor & Gamble<br>The Co-operative Group<br>Thurrock Community and Voluntary Services (CVS)<br>Thurrock Council<br>Trussell Trust - Foodbank<br>Other grants<br>**3.**<br>**OTHER TRADING ACTIVITIES**<br>Income from Pre School<br>Hire of hall|31.3.21<br>£<br>3,001<br>39,358<br>2,000<br>57,370<br>24,000<br>5,283<br>12,000<br>6,670<br>12,857<br>1,849<br>164,388<br>31.3.21<br>£<br>298,605<br>7,365<br>305,970|31.3.20<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|
|---|---|---|
|||-|
|||31.3.20<br>£<br>308,433<br>20,468|
|||328,901|



continued... 

Page 14 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021** 

## **4. INVESTMENT INCOME** 

|**INVESTMENT INCOME**|**INVESTMENT INCOME**|**INVESTMENT INCOME**|
|---|---|---|
|31.3.21<br>31.3.20<br>£<br>£<br>Deposit account interest<br>26<br>36<br>**NET INCOME/(EXPENDITURE)**<br>Net income/(expenditure) is stated after charging/(crediting):|||
||31.3.21|31.3.20|
||£|£|
|Independent examiners fee|3,348|3,350|
||||



## **5. NET INCOME/(EXPENDITURE)** 

## **6. SUPPORT COSTS** 

## **7. TRUSTEES' REMUNERATION AND BENEFITS** 

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

## **Trustees' expenses** 

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

## **8. STAFF COSTS** 

|Wages and salaries<br>Social security costs<br>Other pension costs<br>The average monthly number of employees during the year was as follows:<br>All staff|31.3.21<br>£<br>308,113<br>11,067<br>10,732<br>329,912<br>31.3.21<br>17|31.3.20<br>£<br>295,250<br>9,686<br>9,595|
|---|---|---|
|||314,531|
|||31.3.20<br>18|



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

## **Key management remuneration** 

The trustees consider the Key Management of the Charity to be that of the Core Leadership Team. 

During the year gross salary of £27,902 (2020: £22,452) was made to the key management as well as Employer's NI of £2,638 (2020: £1,908) and Employer's Pension Contributions of £555 (2020: £489). 

Page 15 

continued... 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021** 

|**9.**<br>**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**<br>Unrestricted<br>Restricted<br>funds<br>funds<br>£<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>44,845<br>138,417<br>Other trading activities<br>328,901<br>-<br>Investment income<br>34<br>2<br>Other income<br>6,964<br>396<br>**Total**<br>380,744<br>138,815<br>**EXPENDITURE ON**<br>**Charitable activities**<br>Church operations<br>377,728<br>125,909<br>**NET INCOME**<br>3,016<br>12,906<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>1,027,870<br>39,915<br>**TOTAL FUNDS CARRIED FORWARD**<br>1,030,886<br>52,821<br>**10.**<br>**TANGIBLE FIXED ASSETS**<br>Improvements<br>Freehold<br>to<br>property<br>property<br>£<br>£<br>**COST**<br>At 1 April 2020<br>875,000<br>313,155<br>Additions<br>-<br>-<br>Disposals<br>-<br>-<br>At 31 March 2021<br>875,000<br>313,155<br>**DEPRECIATION**<br>At 1 April 2020<br>-<br>313,155<br>Charge for year<br>-<br>-<br>Eliminated on disposal<br>-<br>-<br>At 31 March 2021<br>-<br>313,155<br>**NET BOOK VALUE**<br>At 31 March 2021<br>875,000<br>-<br>At 31 March 2020<br>875,000<br>-||Total<br>funds<br>£<br>183,262<br>328,901<br>36<br>7,360|
|---|---|---|
|||519,559<br>503,637|
|||15,922<br>1,067,785|
|||1,083,707|
|||Fixtures<br>and<br>fittings<br>£<br>67,755<br>-<br>-<br>67,755<br>67,755<br>-<br>-<br>67,755<br>-<br>-|



Page 16 

continued... 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021** 

|**10.**<br>**TANGIBLE FIXED ASSETS - continued**<br>**COST**<br>At 1 April 2020<br>Additions<br>Disposals<br>At 31 March 2021<br>**DEPRECIATION**<br>At 1 April 2020<br>Charge for year<br>Eliminated on disposal<br>At 31 March 2021<br>**NET BOOK VALUE**<br>At 31 March 2021<br>At 31 March 2020<br>Freehold Property is shown at fair value.<br>**11.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Tax recoverable<br>Other debtors<br>**12.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Taxation and social security<br>Other creditors|Motor<br>Computer<br>vehicles<br>equipment<br>Totals<br>£<br>£<br>£<br>15,102<br>24,095<br>1,295,107<br>29,410<br>-<br>29,410<br>(15,102)<br>-<br>(15,102)<br>29,410<br>24,095<br>1,309,415<br>15,102<br>24,095<br>420,107<br>5,882<br>-<br>5,882<br>(15,102)<br>-<br>(15,102)<br>5,882<br>24,095<br>410,887<br>23,528<br>-<br>898,528<br>-<br>-<br>875,000<br>31.3.21<br>31.3.20<br>£<br>£<br>965<br>430<br>1,361<br>519<br>2,326<br>949<br>31.3.21<br>31.3.20<br>£<br>£<br>2,212<br>2,414<br>3,596<br>3,600<br>5,808<br>6,014|
|---|---|



continued... 

Page 17 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021** 

## **13. MOVEMENT IN FUNDS** 

|**Unrestricted funds**<br>General fund<br>Designated Building fund<br>Youth<br>Hall Hire<br>Poor & Needy<br>Business Reserve<br>Mission<br>Preschool Garden<br>Community Space<br>Foodbank - Future Development Fund<br>**Restricted funds**<br>Foodbank<br>Albania UCB<br>Albania Sparks<br>CAP<br>Poor & Needy<br>Preschool Garden<br>Foodbank - Food<br>Other one off restrictions<br>**TOTAL FUNDS**|At 1.4.20<br>£<br>84,695<br>875,000<br>39<br>3,185<br>694<br>47,500<br>2,315<br>7,314<br>10,144<br>-<br>1,030,886<br>44,761<br>2<br>260<br>2,521<br>-<br>199<br>4,922<br>156<br>52,821<br>1,083,707|Net<br>movement<br>in funds<br>£<br>57,451<br>-<br>-<br>5,406<br>-<br>-<br>(8,940)<br>-<br>47,602<br>95,318<br>196,837<br>59,778<br>-<br>-<br>4,235<br>(633)<br>(5,209)<br>(630)<br>-<br>57,541<br>254,378|Transfers<br>between<br>funds<br>£<br>(232)<br>-<br>-<br>(5,738)<br>999<br>-<br>10,404<br>(5,010)<br>5,000<br>-<br>5,423<br>(11,066)<br>-<br>-<br>-<br>633<br>5,010<br>-<br>-<br>(5,423)<br>-|At<br>31.3.21<br>£<br>141,914<br>875,000<br>39<br>2,853<br>1,693<br>47,500<br>3,779<br>2,304<br>62,746<br>95,318|
|---|---|---|---|---|
|||||1,233,146<br>93,473<br>2<br>260<br>6,756<br>-<br>-<br>4,292<br>156|
|||||104,939|
|||||1,338,085|



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

|**Unrestricted funds**<br>General fund<br>Hall Hire<br>Mission<br>Community Space<br>Foodbank - Future Development Fund<br>**Restricted funds**<br>Foodbank<br>CAP<br>Poor & Needy<br>Preschool Garden<br>Foodbank - Food<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>393,302<br>9,493<br>1,500<br>34,518<br>-<br>438,813<br>447,180<br>4,400<br>430<br>1<br>1,449<br>453,460<br>892,273|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(335,851)<br>57,451<br>(4,087)<br>5,406<br>(10,440)<br>(8,940)<br>13,084<br>47,602<br>95,318<br>95,318<br>(241,976)<br>196,837<br>(387,402)<br>59,778<br>(165)<br>4,235<br>(1,063)<br>(633)<br>(5,210)<br>(5,209)<br>(2,079)<br>(630)<br>(395,919)<br>57,541<br>(637,895)<br>254,378|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(335,851)<br>57,451<br>(4,087)<br>5,406<br>(10,440)<br>(8,940)<br>13,084<br>47,602<br>95,318<br>95,318<br>(241,976)<br>196,837<br>(387,402)<br>59,778<br>(165)<br>4,235<br>(1,063)<br>(633)<br>(5,210)<br>(5,209)<br>(2,079)<br>(630)<br>(395,919)<br>57,541<br>(637,895)<br>254,378|
|---|---|---|---|
||||196,837<br>59,778<br>4,235<br>(633)<br>(5,209)<br>(630)|
||||57,541|
||||254,378|



continued... 

Page 18 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021** 

## **13. MOVEMENT IN FUNDS - continued** 

## **Comparatives for movement in funds** 

|**Unrestricted funds**<br>General fund<br>Designated Building fund<br>Youth<br>Hall Hire<br>Poor & Needy<br>Business Reserve<br>Foodbank - Designated<br>Mission<br>Preschool Garden<br>Community Space<br>**Restricted funds**<br>Foodbank<br>Albania UCB<br>Albania Sparks<br>CAP<br>Preschool Garden<br>Foodbank - Food<br>Other one off restrictions<br>**TOTAL FUNDS**|At 1.4.19<br>£<br>80,095<br>875,000<br>53<br>13,881<br>1,035<br>47,500<br>3,803<br>1,513<br>4,990<br>-<br>1,027,870<br>39,653<br>2<br>260<br>-<br>-<br>-<br>-<br>39,915<br>1,067,785|Net<br>movement<br>in funds<br>£<br>5,685<br>-<br>(14)<br>2,292<br>(821)<br>-<br>3,006<br>(9,600)<br>2,324<br>144<br>3,016<br>5,108<br>-<br>-<br>2,521<br>199<br>4,922<br>156<br>12,906<br>15,922|Transfers<br>between<br>funds<br>£<br>(1,085)<br>-<br>-<br>(12,988)<br>480<br>-<br>(6,809)<br>10,402<br>-<br>10,000<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|At<br>31.3.20<br>£<br>84,695<br>875,000<br>39<br>3,185<br>694<br>47,500<br>-<br>2,315<br>7,314<br>10,144|
|---|---|---|---|---|
|||||1,030,886<br>44,761<br>2<br>260<br>2,521<br>199<br>4,922<br>156|
|||||52,821|
|||||1,083,707|



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

|**Unrestricted funds**<br>General fund<br>Youth<br>Hall Hire<br>Poor & Needy<br>Foodbank - Designated<br>Mission<br>Preschool Garden<br>Community Space<br>**Restricted funds**<br>Foodbank<br>CAP<br>Poor & Needy<br>Preschool Garden<br>Foodbank - Food<br>Other one off restrictions<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>351,223<br>-<br>26,896<br>26<br>131<br>-<br>2,324<br>144<br>380,744<br>126,035<br>3,602<br>855<br>866<br>7,301<br>156<br>138,815<br>519,559|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(345,538)<br>5,685<br>(14)<br>(14)<br>(24,604)<br>2,292<br>(847)<br>(821)<br>2,875<br>3,006<br>(9,600)<br>(9,600)<br>-<br>2,324<br>-<br>144<br>(377,728)<br>3,016<br>(120,927)<br>5,108<br>(1,081)<br>2,521<br>(855)<br>-<br>(667)<br>199<br>(2,379)<br>4,922<br>-<br>156<br>(125,909)<br>12,906<br>(503,637)<br>15,922|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(345,538)<br>5,685<br>(14)<br>(14)<br>(24,604)<br>2,292<br>(847)<br>(821)<br>2,875<br>3,006<br>(9,600)<br>(9,600)<br>-<br>2,324<br>-<br>144<br>(377,728)<br>3,016<br>(120,927)<br>5,108<br>(1,081)<br>2,521<br>(855)<br>-<br>(667)<br>199<br>(2,379)<br>4,922<br>-<br>156<br>(125,909)<br>12,906<br>(503,637)<br>15,922|
|---|---|---|---|
||||3,016<br>5,108<br>2,521<br>-<br>199<br>4,922<br>156|
||||12,906|
||||15,922|



continued... 

Page 19 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021** 

## **13. MOVEMENT IN FUNDS - continued** 

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

|**Unrestricted funds**<br>General fund<br>Designated Building fund<br>Youth<br>Hall Hire<br>Poor & Needy<br>Business Reserve<br>Foodbank - Designated<br>Mission<br>Preschool Garden<br>Community Space<br>Foodbank - Future Development Fund<br>**Restricted funds**<br>Foodbank<br>Albania UCB<br>Albania Sparks<br>CAP<br>Poor & Needy<br>Preschool Garden<br>Foodbank - Food<br>Other one off restrictions<br>**TOTAL FUNDS**|At 1.4.19<br>£<br>80,095<br>875,000<br>53<br>13,881<br>1,035<br>47,500<br>3,803<br>1,513<br>4,990<br>-<br>-<br>1,027,870<br>39,653<br>2<br>260<br>-<br>-<br>-<br>-<br>-<br>39,915<br>1,067,785|Net<br>movement<br>in funds<br>£<br>63,136<br>-<br>(14)<br>7,698<br>(821)<br>-<br>3,006<br>(18,540)<br>2,324<br>47,746<br>95,318<br>199,853<br>64,886<br>-<br>-<br>6,756<br>(633)<br>(5,010)<br>4,292<br>156<br>70,447<br>270,300|Transfers<br>between<br>funds<br>£<br>(1,317)<br>-<br>-<br>(18,726)<br>1,479<br>-<br>(6,809)<br>20,806<br>(5,010)<br>15,000<br>-<br>5,423<br>(11,066)<br>-<br>-<br>-<br>633<br>5,010<br>-<br>-<br>(5,423)<br>-|At<br>31.3.21<br>£<br>141,914<br>875,000<br>39<br>2,853<br>1,693<br>47,500<br>-<br>3,779<br>2,304<br>62,746<br>95,318|
|---|---|---|---|---|
|||||1,233,146<br>93,473<br>2<br>260<br>6,756<br>-<br>-<br>4,292<br>156|
|||||104,939|
|||||1,338,085|



continued... 

Page 20 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021** 

## **13. 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: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|744,525|(681,389)|63,136|
|Youth|-|(14)|(14)|
|Hall Hire|36,389|(28,691)|7,698|
|Poor & Needy|26|(847)|(821)|
|Foodbank - Designated|131|2,875|3,006|
|Mission|1,500|(20,040)|(18,540)|
|Preschool Garden|2,324|-|2,324|
|Community Space|34,662|13,084|47,746|
|Foodbank - Future Development Fund|-|95,318|95,318|
||819,557|(619,704)|199,853|
|**Restricted funds**||||
|Foodbank|573,215|(508,329)|64,886|
|CAP|8,002|(1,246)|6,756|
|Poor & Needy|1,285|(1,918)|(633)|
|Preschool Garden|867|(5,877)|(5,010)|
|Foodbank - Food|8,750|(4,458)|4,292|
|Other one off restrictions|156|-|156|
||592,275|(521,828)|70,447|
|**TOTAL FUNDS**|1,411,832|(1,141,532 )|270,300|



## General fund 

The general fund is used for the general running of the fellowship 

Business Reserve - Designated 

This fund represents money set aside for any unforeseen circumstances. 

## Building fund - Designated 

This is a designated and restricted fund for the building to account for monies that have been given for the purchasing and developing the new building and for monies set aside for that purpose. 

## Youth - Designated 

This fund represents funds raised/donations received - Christian teaching to young people. 

Hall Hire - Designated 

This fund represents money received for hiring out our hall at Giffords Cross. 

Pension Fund - Designated 

This is income specifically restricted to be used in the setting up of a Pension scheme. 

## Community Space - Designated 

This fund represents money raised or donated for the development of the Community Space. 

Foodbank - Future Development Fund - Designated 

This fund represents money raised or donated for Foodbank Future Development space. 

## Poor & Needy - Restricted/Designated 

This represents donations received/funds allocated, to support the poor & needy when needed. 

## Foodbank - Restricted 

This fund represents funds received and specific expenditure related to the operation of the Foodbank. 

Youth Funding - Restricted 

This fund represents grants received to help any youth causes. 

continued... 

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**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021** 

## **13. MOVEMENT IN FUNDS - continued** 

Albania UCB - Restricted 

This fund represents donations received to support the production of UCB Word for today in Albania. 

Kosovo Projects - Restricted 

This is a fund which represents donations received to support families in Kosovo. 

Albania Sparks Ministry - Restricted 

This is a fund which represents funds raised/donations received to help Tomor & Miranda with their work with poor and needy children in Albania. 

CAP - Restricted/Designated 

This is a fund which represents donations received to help support Christians Against Poverty work. 

CAP - D Acreman - Restricted 

This is a fund which represents donations received on behalf of D Acreman for the work he does with CAP. 

Playschool Garden - Restricted 

This fund represent money raised or donated for the development of the garden. 

## **14. RELATED PARTY DISCLOSURES** 

During the year G Cranefield, the spouse of R Cranefield, received remuneration totalling £5,261 (2020: £3,850) for Church administration. She left the charity on 31/10/2020. 

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