**REGISTERED CHARITY NUMBER: 297569** 

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

## **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 2022** 

||**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 2022** 

The trustees present their report with the financial statements of the charity for the year ended 31 March 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** 

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 2022** 

## **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. 

**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.  We have continued to undertake training online.  Supplied by Noodle now. 

The Pre School has now returned to normal practices, in light of all Covid restrictions being removed. 

## **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** 

The past couple of years have, of course, been affected by the Covid pandemic and associated legal restrictions to all organisations and activities.  Despite very significant challenges, the CAP Centre staff have worked very hard and it has been a very 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 Developments.** 

TCF has now partnered with Christians Against Poverty ('CAP') nationally and has funded and hosted the CAP Thurrock Debt Centre for about seven years.  In all this time, David Acreman has been the Debt Centre Manager, first as a volunteer, then as an employee of TCF, then as a self-funded ministry worker - with CAP Thurrock paying his out-of-pocket expenses. 

In late 2021, David Acreman gave notice that he intended to end his role as Debt Centre Manager ('DCM') with effect from 31st March 2022.  He is personally no less committed to the work of CAP but believes that God has called him to work more directly with CAP Clients in an evangelistic capacity, and to focus more on local evangelism too.  The Leaders and Trustees of TCF accepted his resignation with regret (from the point of view of our local Debt Centre), whilst acknowledging the evident strong evangelistic call of God on his life. We wish to put on record our profound and grateful thanks to David for his seven years of incredibly hard and effective work in this most difficult role.  So many of his Debt Centre clients speak highly of him as a Debt Coach and as a person; CAP nationally also hold him in high regard.  Well done! 

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**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

**REPORT OF THE TRUSTEES for the Year Ended 31 March 2022** 

## **ACHIEVEMENT AND PERFORMANCE** 

We also thank Marion Bayton and Judith Acreman for the consistent and effective help they gave (voluntarily) to the Debt Centre and to David personally, over several years. 

The post of Debt Centre Manager / Debt Coach has been advertised on two occasions to date.  There have been no suitable applications as yet.  Given that a Debt Centre cannot function without a qualified Debt Coach, CAP nationally have reluctantly taken the decision, w.e.f. 31st May 2022, to impose a Temporary Closure on the Thurrock Debt Centre until a new Debt Centre Manager is found.  Should this search remain unsuccessful, then the Centre will be closed permanently. 

## **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, for the Debt coach and purchasing any additional resources. 

Until now (Autumn 2022), the Debt Centre Manager post has been advertised as a voluntary position.  In order to secure a successful application in future, it may be possible first to secure charitable grant funding to create a paid position for the Manager role.  This is being investigated. 

## **Thurrock FoodBank** 

## **Overview:** 

It is good to say that over the past 12 months extensive building works have been completed and Thurrock Foodbank Warehouse has moved into the refurbished Warehouse.  This took a lot of extra work and coordination as well as many operational challenges.  We are so grateful to our volunteers who have had to work through some very difficult conditions.  We have continued to explore how to help people in many different ways, not only providing food parcels but also signposting them to relevant agencies, demonstrating that Thurrock Foodbank is more than giving out Food parcels.  We have been awarded Pathfinder Foodbank status by the Trussell Trust and we have developed, and are now implementing, a 5-Year strategic plan to help get people the help that they need to reduce the reliance on Thurrock Foodbank. 

## **Distribution Centres:** 

Thurrock Foodbank continues to operate ten Distribution Centres across Thurrock and we are launching two Foodbank hubs - in Aveley and in Corringham - to ensure we reach the whole community of Thurrock. 

## **Business relationships:** 

We continue to have good support from all the large stores and also local businesses. We have a new storage container located at DP World that will enable us to move out of our current storage location and make a significant saving to our monthly outgoings.  We have had recent community events with Morrisons Grays and Corringham.  We have store collections arranged for in the Autumn at both Asda and Sainsburys. 

## **Staffing:** 

The dedication and support of our volunteers continues to be incredible.  We simply could not achieve what we do without the support and commitment.  We have been able to recruit new volunteer members to our van crew which has enabled us to develop a rota and share the workload across the team.  Our roles have taken a slightly different role as we develop our strategies for the future.  We have developed a role to work with our referral agencies to ensure our community is aware of what help they can get and from where.  This will also enable us to offer a wider range of services through our referral partners. 

## **Clients:** 

Still we see the majority of our clients needing to use the Foodbank due to benefits changes and delays, but this has also increased due to the cost of living crisis. There is also an increase in those seeking asylum that have no recourse to public funds and sadly domestic violence cases are also on the increase. 

Page 3 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2022** 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Statistics:** 

Since 1st April we have fed 2400 people, 1065 of which were children.  We are approximately 5% lower than this same period last year, but this is still 31% up on Pre-pandemic figures.  (However current figures now confirm as of August 2022, we are actually 2% above last year's figures!) 

We do want to see a declining trend, and people not being reliant on our services, which is why it is important that we continue to review our strategy to ensure we are able to support people with the appropriate help for their situation. We are developing a role to work with our referral agencies to ensure our community is aware of what help they can get and from where. 

## **The Future:** 

This year we are celebrating 10 years of Thurrock Foodbank; it is always a dilemma as to whether to celebrate the existence of Thurrock Foodbank, but what we can celebrate is the dedication and hard work of all those that have supported us over the past 10 years.  We are so grateful for all those that support us is so many different ways, and the financial support given to us by the National Lottery to help us fund staff and facilities to be able to reach the needs of our community.      . 


## **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 £776,255  Against this our total 'Outgoing Resources' amounted to £805,785, leaving us at a deficit over the year of £29,530. 

At the end of the year, there was a total of £421,735 in the TCF bank accounts. 

Page 4 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2022** 

## **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, and we are working towards this target incrementally.  Currently, there is a sum of £62,600 that has been set aside. 

## **SPACIOUS PLACE VISION** 

The TCF Leadership and Trustees have a vision to establish  multi-functional support and outreach 'hub', named 'The Spacious Place'. This vision includes our existing church, preschool, Foodbank, CAP Centre and other 'ministries', but is not limited to these in the future. It is based upon the goodness of heaven coming to earth, and specifically to this part of Thurrock, for the benefit of all the local residents, whether they are part of TCF or not.  The integration and symbiosis of all the above ministries is a first step in this vision being fulfilled. Our principal resources for this vision rest upon God and people, but there will also be a significant need for buildings and financial resources to make this vision possible. 

One of the structural enhancements we required was an enlarged and reconfigured Foodbank warehouse and local distribution point.  In addition, a multi-use community café (to be named 'The Spacious Place') will act as a common hub and resource centre for all users of our buildings and for the local community.  For the Trustees and Leaders, the raising of sufficient funds has been a big step of faith, and we have been amazed and grateful to witness God's provision via generous individual donors and big-hearted organisations and grant providers, both local and national.  As a result, we have received a combined total of £124,862 towards the Foodbank warehouse and the Café building works (at 31 March 2022).  All the building work has been begun and is likely to be completed by the end of September 2022, at which point the Café will open. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** 

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

During the 2022/23 financial year, we will investigate the benefits of C.I.O. incorporation and a complete revision of the Governing Document / Trust Deed. 

As at 31st March 2022, 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 Claire Ruff Steve Chapman (appointed 21st March 2022) Executives John Freeman - Administrative Manager & Leadership Team Member Rachel Hicks - Senior Administrative Team Member Alison Jones - Preschool Manager & Safeguarding Officer 

## **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. 

Page 5 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2022** 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT 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 childrenand 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 G Adomako Ms C Ruff S Chapman (appointed 21.3.22) 

## **Independent Examiner** 

Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH 

## **Solicitors** 

Margaret Reynolds 24 London Road Grays Essex RM17 5XY 

Page 6 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2022** 

## **REFERENCE AND ADMINISTRATIVE DETAILS 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 

## Oct 27, 2022 

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 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** 

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 (Oct 27, 2022 10:14 GMT+1) 

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

Oct 27, 2022 Date: ............................................. 

Page 8 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2022** 

|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/(EXPENDITURE)**<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>126,083<br>339,760<br>27<br>18,970<br>484,840<br>583,079<br>(98,239)<br>37,554<br>(60,685)<br>1,233,146<br>1,172,461|Restricted<br>funds<br>£<br>292,260<br>-<br>-<br>15<br>292,275<br>222,706<br>69,569<br>(37,554)<br>32,015<br>104,939<br>136,954|31.3.22<br>Total<br>funds<br>£<br>418,343<br>339,760<br>27<br>18,985<br>777,115<br>805,785<br>(28,670)<br>-<br>(28,670)<br>1,338,085<br>1,309,415|31.3.21<br>Total<br>funds<br>£<br>522,850<br>305,970<br>26<br>63,427|
|---|---|---|---|---|
|||||892,273<br>637,895|
|||||254,378<br>-|
|||||254,378<br>1,083,707|
|||||1,338,085|



The notes form part of these financial statements 

Page 9 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **BALANCE SHEET** 

## **31 March 2022** 

|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>1,915<br>302,426<br>304,341<br>(6,880)<br>297,461<br>1,172,461<br>1,172,461|Restricted<br>funds<br>£<br>17,646<br>-<br>119,308<br>119,308<br>-<br>119,308<br>136,954<br>136,954|31.3.22<br>Total<br>funds<br>£<br>892,646<br>1,915<br>421,734<br>423,649<br>(6,880)<br>416,769<br>1,309,415<br>1,309,415<br>1,172,461<br>136,954<br>1,309,415|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|
|---|---|---|---|---|



Oct 27, 2022 The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 


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

## Ricky cranefield 

Ricky cranefield (Oct 27, 2022 09:16 GMT+1) 

............................................. R Cranefield - Trustee 

The notes form part of these financial statements 

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**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

|**CASH FLOW STATEMENT**<br>**for the Year Ended 31 March 2022**<br>Notes<br>**Cash flows from operating activities**<br>Cash generated from operations<br>1<br>Net cash (used in)/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 provided by/(used in) 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**|31.3.22<br>£<br>(21,332)<br>(21,332)<br>-<br>-<br>27<br>27<br>(21,305)<br>443,039<br>421,734|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|
|---|---|---|



The notes form part of these financial statements 

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**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **NOTES TO THE CASH FLOW STATEMENT for the Year Ended 31 March 2022** 

## **1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES** 

|**Net (expenditure)/income for the reporting period (as per the Statement of**<br>**Financial Activities)**<br>**Adjustments for:**<br>Depreciation charges<br>Profit on disposal of fixed assets<br>Interest received<br>Decrease/(increase) in debtors<br>Increase/(decrease) in creditors<br>**Net cash (used in)/provided by operations**|31.3.22<br>£<br>(28,670)<br>5,882<br>-<br>(27)<br>411<br>1,072<br>(21,332)|31.3.21<br>£<br>254,378<br>5,882<br>(5,760)<br>(26)<br>(1,377)<br>(206)<br>252,891|
|---|---|---|



**Net cash (used in)/provided by operations** 

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

||At 1.4.21|Cash flow|At 31.3.22|
|---|---|---|---|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|443,039|(21,305)|421,734|
||443,039|(21,305)|421,734|
|**Total**|443,039|(21,305)|421,734|



The notes form part of these financial statements 

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**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

**NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2022** 

## **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. 

continued... 

Page 13 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022** 

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

## **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. 

## **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|31.3.22<br>£<br>121,908<br>9,657<br>124,862<br>160,307<br>1,609<br>418,343|31.3.21<br>£<br>138,821<br>9,742<br>164,388<br>209,368<br>531|
|||522,850|



During the year the Foodbank received food donations totalling £160,307 (2021: £209,368). This figure was calculated using the Trussell Trust suggested valuation of £1.68p/Kg of donated food (2021: £1.68p/Kg). 

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

|All Churches<br>Big Local<br>Essex Community Foundation<br>Ford Trust<br>Griffin<br>Groundwork Uk<br>Lottery Funding<br>Protor & Gamble<br>The Co-operative Group<br>The Neighbourly Sainsburys Grant<br>The Veolia Environmental Trust<br>Thurrock Community and Voluntary Services (CVS)<br>Thurrock Council<br>Trussell Trust - Foodbank<br>Other grants|31.3.22<br>£<br>5,000<br>-<br>10,000<br>3,000<br>-<br>1,000<br>24,308<br>-<br>1,224<br>1,000<br>15,447<br>4,000<br>25,788<br>34,095<br>-<br>124,862|31.3.21<br>£<br>-<br>3,001<br>39,358<br>-<br>2,000<br>-<br>57,370<br>24,000<br>5,283<br>-<br>-<br>12,000<br>6,670<br>12,857<br>1,849|
|---|---|---|
|||164,388|



continued... 

Page 14 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued** 

## **for the Year Ended 31 March 2022** 

## **3. OTHER TRADING ACTIVITIES** 

|31.3.22<br>£<br>Income from Pre School<br>318,543<br>Hire of hall<br>21,217<br>339,760<br>**4.**<br>**INVESTMENT INCOME**<br>31.3.22<br>£<br>Deposit account interest<br>27<br>**5.**<br>**NET INCOME/(EXPENDITURE)**<br>Net income/(expenditure) is stated after charging/(crediting):<br>31.3.22<br>£<br>Independent examiners fee<br>3,346<br>**6.**<br>**SUPPORT COSTS**<br>Governance<br>Finance<br>costs<br>£<br>£<br>Church operations<br>30<br>6,618|31.3.21<br>£<br>298,605<br>7,365<br>305,970<br>31.3.21<br>£<br>26<br>31.3.21<br>£<br>3,348<br>Totals<br>£<br>6,648|
|---|---|



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

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. 

## **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|31.3.22<br>£<br>323,659<br>12,013<br>11,701<br>347,373<br>31.3.22<br>18|31.3.21<br>£<br>308,113<br>11,067<br>10,732|
|---|---|---|
|||329,912|
|||31.3.21<br>17|



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 £24,761 (2021: £27,902) was made to the key management as well as Employer's NI of £2,197 (2021: £2,638) and Employer's Pension Contributions of £556 (2021: £555). 

Page 15 

continued... 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued** 

## **for the Year Ended 31 March 2022** 

|**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>75,410<br>447,440<br>Other trading activities<br>305,970<br>-<br>Investment income<br>24<br>2<br>Other income<br>57,409<br>6,018<br>**Total**<br>438,813<br>453,460<br>**EXPENDITURE ON**<br>**Charitable activities**<br>Church operations<br>241,976<br>395,919<br>**NET INCOME**<br>196,837<br>57,541<br>**Transfers between funds**<br>5,423<br>(5,423)<br>**Net movement in funds**<br>202,260<br>52,118<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>1,030,886<br>52,821<br>**TOTAL FUNDS CARRIED FORWARD**<br>1,233,146<br>104,939<br>**10.**<br>**TANGIBLE FIXED ASSETS**<br>Improvements<br>Freehold<br>to<br>property<br>property<br>£<br>£<br>**COST**<br>At 1 April 2021 and 31 March 2022<br>875,000<br>313,155<br>**DEPRECIATION**<br>At 1 April 2021<br>-<br>313,155<br>Charge for year<br>-<br>-<br>At 31 March 2022<br>-<br>313,155<br>**NET BOOK VALUE**<br>At 31 March 2022<br>875,000<br>-<br>At 31 March 2021<br>875,000<br>-|Total<br>funds<br>£<br>522,850<br>305,970<br>26<br>63,427|
|---|---|
||892,273<br>637,895|
||254,378<br>-|
||254,378<br>1,083,707|
||1,338,085|
||Fixtures<br>and<br>fittings<br>£<br>67,755<br>67,755<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 2022** 

|**10.**<br>**TANGIBLE FIXED ASSETS - continued**<br>**COST**<br>At 1 April 2021 and 31 March 2022<br>**DEPRECIATION**<br>At 1 April 2021<br>Charge for year<br>At 31 March 2022<br>**NET BOOK VALUE**<br>At 31 March 2022<br>At 31 March 2021<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>29,410<br>24,095<br>1,309,415<br>5,882<br>24,095<br>410,887<br>5,882<br>-<br>5,882<br>11,764<br>24,095<br>416,769<br>17,646<br>-<br>892,646<br>23,528<br>-<br>898,528<br>31.3.22<br>31.3.21<br>£<br>£<br>1,054<br>965<br>861<br>1,361<br>1,915<br>2,326<br>31.3.22<br>31.3.21<br>£<br>£<br>3,284<br>2,212<br>3,596<br>3,596<br>6,880<br>5,808|Motor<br>Computer<br>vehicles<br>equipment<br>Totals<br>£<br>£<br>£<br>29,410<br>24,095<br>1,309,415<br>5,882<br>24,095<br>410,887<br>5,882<br>-<br>5,882<br>11,764<br>24,095<br>416,769<br>17,646<br>-<br>892,646<br>23,528<br>-<br>898,528<br>31.3.22<br>31.3.21<br>£<br>£<br>1,054<br>965<br>861<br>1,361<br>1,915<br>2,326<br>31.3.22<br>31.3.21<br>£<br>£<br>3,284<br>2,212<br>3,596<br>3,596<br>6,880<br>5,808|
|---|---|---|
|||5,808|



continued... 

Page 17 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022** 

## **13. MOVEMENT IN FUNDS** 

|At 1.4.21<br>£<br>**Unrestricted funds**<br>General fund<br>141,914<br>Designated Building fund<br>875,000<br>Youth<br>39<br>Hall Hire<br>2,853<br>Poor & Needy<br>1,693<br>Business Reserve<br>47,500<br>Foodbank - Designated<br>-<br>Mission<br>3,779<br>Preschool Garden<br>2,304<br>Community Space<br>62,746<br>Foodbank - Future Development Fund<br>95,318<br>1,233,146<br>**Restricted funds**<br>Foodbank<br>93,473<br>Albania UCB<br>2<br>Albania Sparks<br>260<br>CAP<br>6,756<br>Poor & Needy<br>-<br>Foodbank - Food<br>4,292<br>Prechool - New Entrance<br>-<br>Other one off restrictions<br>156<br>104,939<br>**TOTAL FUNDS**<br>1,338,085<br>Net movement in funds, included in the above are as follows:<br>**Unrestricted funds**<br>General fund<br>Hall Hire<br>Poor & Needy<br>Mission<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>Foodbank - Food<br>Prechool - New Entrance<br>**TOTAL FUNDS**|Net<br>movement<br>in funds<br>£<br>5,297<br>-<br>-<br>30,715<br>(40)<br>-<br>-<br>(5,140)<br>-<br>(12,832)<br>(116,239)<br>(98,239)<br>51,333<br>(2)<br>(260)<br>(4,872)<br>(2,168)<br>(250)<br>25,788<br>-<br>69,569<br>(28,670)<br>Incoming<br>resources<br>£<br>368,931<br>42,602<br>-<br>-<br>58,579<br>14,728<br>484,840<br>261,094<br>-<br>-<br>2,150<br>635<br>2,608<br>25,788<br>292,275<br>777,115|Transfers<br>between<br>funds<br>£<br>(12,739)<br>-<br>-<br>(4,631)<br>(1,220)<br>15,100<br>150<br>8,256<br>(2,000)<br>4,285<br>30,353<br>37,554<br>(42,694)<br>-<br>-<br>2,972<br>2,168<br>-<br>-<br>-<br>(37,554)<br>-<br>Resources<br>expended<br>£<br>(363,634)<br>(11,887)<br>(40)<br>(5,140)<br>(71,411)<br>(130,967)<br>(583,079)<br>(209,761)<br>(2)<br>(260)<br>(7,022)<br>(2,803)<br>(2,858)<br>-<br>(222,706)<br>(805,785)|At<br>31.3.22<br>£<br>134,472<br>875,000<br>39<br>28,937<br>433<br>62,600<br>150<br>6,895<br>304<br>54,199<br>9,432<br>1,172,461<br>102,112<br>-<br>-<br>4,856<br>-<br>4,042<br>25,788<br>156<br>136,954<br>1,309,415<br>Movement<br>in funds<br>£<br>5,297<br>30,715<br>(40)<br>(5,140)<br>(12,832)<br>(116,239)<br>(98,239)<br>51,333<br>(2)<br>(260)<br>(4,872)<br>(2,168)<br>(250)<br>25,788<br>69,569<br>(28,670)|
|---|---|---|---|
|||||
|||||
|||||
|||||



continued... 

Page 18 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022** 

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

## **Comparatives for movement in funds** 

|At 1.4.20<br>£<br>**Unrestricted funds**<br>General fund<br>84,695<br>Designated Building fund<br>875,000<br>Youth<br>39<br>Hall Hire<br>3,185<br>Poor & Needy<br>694<br>Business Reserve<br>47,500<br>Mission<br>2,315<br>Preschool Garden<br>7,314<br>Community Space<br>10,144<br>Foodbank - Future Development Fund<br>-<br>1,030,886<br>**Restricted funds**<br>Foodbank<br>44,761<br>Albania UCB<br>2<br>Albania Sparks<br>260<br>CAP<br>2,521<br>Poor & Needy<br>-<br>Preschool Garden<br>199<br>Foodbank - Food<br>4,922<br>Prechool - New Entrance<br>156<br>52,821<br>**TOTAL FUNDS**<br>1,083,707<br>Comparative net movement in funds, included in the above are as follows:<br>**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**|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<br>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|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>-<br>Resources<br>expended<br>£<br>(335,851)<br>(4,087)<br>(10,440)<br>13,084<br>95,318<br>(241,976)<br>(387,402)<br>(165)<br>(1,063)<br>(5,210)<br>(2,079)<br>(395,919)<br>(637,895)|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<br>1,233,146<br>93,473<br>2<br>260<br>6,756<br>-<br>-<br>4,292<br>156<br>104,939<br>1,338,085<br>Movement<br>in funds<br>£<br>57,451<br>5,406<br>(8,940)<br>47,602<br>95,318<br>196,837<br>59,778<br>4,235<br>(633)<br>(5,209)<br>(630)<br>57,541<br>254,378|
|---|---|---|---|
|||||
|||||
|||||
|||||



continued... 

Page 19 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022** 

## **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>Prechool - New Entrance<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>-<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>62,748<br>-<br>-<br>36,121<br>(40)<br>-<br>-<br>(14,080)<br>-<br>34,770<br>(20,921)<br>98,598<br>111,111<br>(2)<br>(260)<br>(637)<br>(2,801)<br>(5,209)<br>(880)<br>25,788<br>127,110<br>225,708|Transfers<br>between<br>funds<br>£<br>(12,971)<br>-<br>-<br>(10,369)<br>(221)<br>15,100<br>150<br>18,660<br>(7,010)<br>9,285<br>30,353<br>42,977<br>(53,760)<br>-<br>-<br>2,972<br>2,801<br>5,010<br>-<br>-<br>(42,977)<br>-|At<br>31.3.22<br>£<br>134,472<br>875,000<br>39<br>28,937<br>433<br>62,600<br>150<br>6,895<br>304<br>54,199<br>9,432|
|---|---|---|---|---|
|||||1,172,461<br>102,112<br>-<br>-<br>4,856<br>-<br>-<br>4,042<br>25,944|
|||||136,954|
|||||1,309,415|



continued... 

Page 20 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022** 

## **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|762,233|(699,485)|62,748|
|Hall Hire|52,095|(15,974)|36,121|
|Poor & Needy|-|(40)|(40)|
|Mission|1,500|(15,580)|(14,080)|
|Community Space|93,097|(58,327)|34,770|
|Foodbank - Future Development Fund|14,728|(35,649)|(20,921)|
||923,653|(825,055)|98,598|
|**Restricted funds**||||
|Foodbank|708,274|(597,163)|111,111|
|Albania UCB|-|(2)|(2)|
|Albania Sparks|-|(260)|(260)|
|CAP|6,550|(7,187)|(637)|
|Poor & Needy|1,065|(3,866)|(2,801)|
|Preschool Garden|1|(5,210)|(5,209)|
|Foodbank - Food|4,057|(4,937)|(880)|
|Prechool - New Entrance|25,788|-|25,788|
||745,735|(618,625)|127,110|
|**TOTAL FUNDS**|1,669,388|(1,443,680)|225,708|



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. 

continued... 

Page 21 



**THURROCK CHRISTIAN FELLOWSHIP TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued** 

## **for the Year Ended 31 March 2022** 

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

Youth Funding - Restricted 

This fund represents grants received to help any youth causes. 

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** 

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

Page 22