**Charity Number**
**511967**
## **Powerhouse Christ Church**
## **Report and Accounts**
**for the year ended 31 December 2021**
## **Powerhouse Christ Church**
## **Report and Accounts for the year ended 31 December 2021**
||**Page**|
|---|---|
|Charity Information|1|
|Trustees Report|2 - 3|
|Statement of Trustees Responsibilities|4|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Accounts|8 - 10|
## **Powerhouse Christ Church**
## **Charity Information**
## **for the year ended 31 December 2021**
|**Charity Number**|511967|
|---|---|
|**Governing Instrument**|Declaration of Trust dated 9 October 1981|
|**Trustees**|J Leask|
||D Craven|
||R.Tucker|
|**Address**|Christ Church|
||Thorne Road|
||DONCASTER|
||DN1 2HG|
|**Independent Examiner**|S J Sutcliffe F.C.C.A|
||Torevell Dent Ltd|
||Chartered Certified Accountants|
||1 - 3 St Ann's Place|
||Pellon Way|
||Halifax|
||HX1 5RB|
|**Solicitors**|Taylor Bracewell|
||17-23 Thorne Road|
||DONCASTER|
||DN1 2RP|
|**Bankers**|Yorkshire Bank plc|
||19 St Sepulchre Gate|
||DONCASTER|
||DN1 1SJ|
Page 1
## **Powerhouse Christ Church**
## **Trustees Annual Report**
## **for the year ended 31 December 2021**
The trustees submit their Annual Report and Accounts for the period ended 31 December 2021, which have been prepared in accordance with the Statement of Recommended Practice (FRS 102), (effective January 2015), and the Charities Act 2011.
## **Structure, Governance and Management**
## **Governing document**
Powerhouse Christ Church was originally Reachout Christian Fellowship, constituted by a Declaration of Trust dated 9 October 1981 and is Registered Charity number 511967.
The Charity operates from its offices at Christ Church, Thorne Road, Doncaster, DN1 2HG.
## **Trustees**
The Trustees who served during the year were : -
J Leask D Craven R Tucker
## **Risk Management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **Objectives and Activities**
## **Objectives and aims**
The objectives of the Charity are : -
- a) The advancement of the Christian Faith
- b) To produce, purchase, sell, publish and distribute the Scriptures, Christian literature, audio and visual aids, films and any other materials of a religious nature
- c) To establish, assist and support Charitable Organisations and activities for the promotion of Christian missionary, educational and evangelical work.
## **Review of progress and achievements**
I am pleased to report and reflect on the achievements of 2021. It's been an amazing year, during which we have seen Powerhouse Church grow and develop at every level. As the covid-19 restrictions were lifted, we were delighted to be able to invite people to return and join us in person at our regular Sunday morning services, but we continued to broadcast our services on the Powerhouse Radio Station for those who were unable to attend in person.
After operating from Christ Church for eight years, the Doncaster Foodbank moved to a new base at St James Church in June. During those years they distributed over 25,000 emergency food parcels and we are exceedingly grateful to everyone who volunteered to serve the Foodbank in any way while it was based in our church.
Page 2
## **Powerhouse Christ Church**
## **Trustees Annual Report (continued) for the year ended 31 December 2021**
## **Review of progress and achievements (continued)**
The Daily Bread Café was launched in July. It's more than a place to grab a coffee, one of the aims is to share our vision and connect the community to the Powerhouse. It's also used for special nights and events to share meals and fellowship together.
We are delighted to see and welcome new people join with us in worship each week. One of the highlights of this year was the baptism service for twenty-two people in December. We celebrate and are thankful for both individuals and families taking their next step to go deeper with God and grow in their faith journey.
In these uncertain and challenging time, we are thankful for the faithful giving and generosity of our members, visitors and others involved in supporting this important work for God. Our finances remain healthy and this has enabled the Powerhouse Trust to thrive and continue to support and make donations to various projects locally and nationally, as well as missions in Africa, India and Serbia. None of which would have been possible without their support.
Our sincere thanks go to all of them.
## **Financial Review**
Full details of the financial transactions are contained in the attached accounts. The total incoming resources for the year were £82,016 (2020: £77,442) and after deducting resources expended of £89,197 (2020: £87,158), the net outgoing resources were £7,181 (2020 : £9,716).
The net assets of the charity at 31 December 2021 were £803,676 (2020: £810,857).
The Trustees Report was approved on …........................... and signed on their behalf by:
……………………………………………..
**J. Leask Chair of Trustees**
Page 3
## **Powerhouse Christ Church**
## **Statement of Trustees Responsibilities for the year ended 31 December 2021**
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards.
The law applicable to charities in England and Wales, the Charity Act 2011 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
- Select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 4
## **Powerhouse Christ Church**
## **Independent Examiner’s Report to the Trustees of Powerhouse Christ Church**
I report on the accounts of the Trust for the year ended 31 December 2021, which are set out on pages 6 to 10.
## **Respective Responsibilities of Trustees and Examiner**
As the charity’s trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of Section 145 of the Charities Act 2011 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commission under Section 145(5)(b) of the Act, whether particular matters have come to my attention.
## **Basis of Independent Examiner’s Report**
My examination was carried out in accordance with the general directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the accounts.
## **Independent Examiner’s Statement**
In connection with my examination, no matter has come to my attention:
- 1) Which gives me reasonable cause to be believe that, in any material respects, the requirements
- (a) To keep accounting records in accordance with S130 of the 2011 Act; and
- (b) To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act
have not been met; or
- 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
…………………………………… **S J Sutcliffe F.C.C.A Torevell Dent Ltd Chartered Certified Accountants 1 - 3 St Ann's Place Pellon Lane Halifax HX1 5RB**
**Date ….........................**
Page 5
## **Powerhouse Christ Church**
## **Statement of Financial Activities for the year ended 31 December 2021**
|**Note**
**Income and endowments from:**
Donations and legacies
**Total**
**Expenditure on:**
Charitable activities
**2**
Other
**2**
**Total**
**Net Income/(expenditure)**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**Funds**
**£**
81,331
**81,331**
67,247
900
**68,147**
13,184
158,105
**171,289**|**Restricted**
**Funds**
**£**
685
**685**
21,050
-
**21,050**
(20,365)
652,752
**632,387**|**Total Funds**
**2021**
**£**
82,016
**82,016**
88,297
900
**89,197**
(7,181)
810,857
**803,676**|**Total Funds**
**2020**
**£**
77,442|
|---|---|---|---|---|
|||||**77,442**|
|||||86,258
900|
|||||**87,158**|
|||||(9,716)
820,573|
|||||**810,857**|
The notes on pages 8-10 form part of these accounts
Page 6
## **Powerhouse Christ Church**
## **Balance Sheet**
## **for the year ended 31 December 2021**
|**Unrestricted**
**Funds**
**Note**
**£**
**Fixed Assets**
Tangible Assets
**3**
83,884
**Current Assets**
Debtors
**4**
26,217
Cash at Bank
63,530
Total Current Assets
89,747
**Liabilities**
Creditors: Amounts falling due within
one year
**5**
(2,342)
**Net Current Assets**
87,405
**Total Assets Less Current Liabilities**
**171,289**
**Total Net Assets**
**171,289**
**The Funds of the Charity**
Restricted funds
Unrestricted funds
**Total Charity Funds**|**Restricted**
**Funds**
**£**
628,480
-
3,907
3,907
-
3,907
**632,387**
**632,387**|**Total Funds**
**2021**
**£**
712,364
26,217
67,437
93,654
(2,342)
91,312
**803,676**
**803,676**
632,387
171,289
**803,676**|**Total Funds**
**2020**
**£**
735,949|
|---|---|---|---|
||||15,144
62,106|
||||77,250
(2,342)|
||||74,908|
||||**810,857**|
|||||
||||**810,857**|
||||652,752
158,105|
||||**810,857**|
The Financial Statements were approved by the Trustees on ….........................
**……………………………………..**
**J Leask - trustee**
**……………………………………..**
**D. Craven - trustee**
**……………………………………..**
**R. Tucker - trustee**
Page 7
## **Powerhouse Christ Church**
## **Notes to the Accounts for the year ended 31 December 2021**
## **1 Accounting Policies**
## **a) Accounting Convention**
The Financial Statements have been prepared under the historic cost basis of accounting, and are in accordance with applicable accounting standards, the Charities SORP (FRS 102) "Accounting and Reporting by Charities' and the Charities Act 2006.
## **b) Income and Endowments**
All income and endowments are included in the statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **c) Expenditure**
All expenditure is accounted for on an accruals basis as a liability is incurred and includes VAT which cannot be fully recovered.
## Costs of generating funds
Voluntary income comprises tithes and freewill offerings from church members and others attending church services. The Trustees consider it impracticable to attribute costs to this income deeming all costs to be charitable activities.
## **d) Fixed Assets**
Depreciation is provided to write off the cost or valuation, less estimated residual values of all fixed assets, except freehold land, over their expected useful lives.
|Freehold Property|2% on cost|
|---|---|
|Equipment|25% on written down value|
|Motor Vehicle|33% on written down value|
|Computer Equipment|25% on written down value|
## **e) Taxation**
The charity is exempt from tax on its charitable activities.
## **f) 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.
Page 8
## **Powerhouse Christ Church**
## **Notes to the Accounts for the year ended 31 December 2021**
## **2 Expenditure on:**
|**Unrestricted**
**Funds**
**£**
**Charitable Activities**
Teaching and ministry support
24,943
Gifts and donations
2,807
Premises expenses
29,515
Administration costs
4,892
Depreciation
5,090
**67,247**
**Other Costs**
Independent examiner's fee
**3**
**Tangible Fixed Assets**
**Net Book**
**Value**
**01.01.21**
**Additions**
**£**
**£**
Freehold Property
718,334
-
Equipment
16,470
2,154
Computer equipment
1,145
401
**735,949**
**2,555**
**Unrestricted**
**Funds**
**£**
**4**
**Debtors**
Income tax recoverable
26,217
**26,217**|**Restricted**
**Total**
**Funds**
**Funds**
**2021**
**£**
**£**
-
24,943
-
2,807
-
29,515
-
4,892
21,050
26,140
**21,050**
**88,297**
**2021**
**£**
**900**
**Sales**
**Depreciation**
**£**
**£**
-
(21,050)
-
(4,703)
-
(387)
**-**
**(26,140)**
**Restricted**
**Total**
**Funds**
**Funds**
**2021**
**£**
**£**
-
26,217
**-**
**26,217**|**Total**
**Funds**
**2020**
**£**
27,752
3,377
22,578
5,591
26,960|
|---|---|---|
|||**86,258**|
|||**2020**
**£**
**900**|
|||**Net Book**
**Value**
**31.12.21**
**£**
697,284
13,921
1,159|
|||**712,364**|
|||**Total**
**Funds**
**2020**
**£**
15,144|
|||**15,144**|
Page 9
## **Powerhouse Christ Church**
## **Notes to the Accounts**
## **for the year ended 31 December 2021**
|**Unrestricted**
**Funds**
**£**
**5**
**Creditors:**
**Amounts falling due within one year**
Accrued expenses
900
Other creditors
1,442
**2,342**|**Restricted**
**Funds**
**£**
-
-
**-**|**Total**
**Total**
**Funds**
**Funds**
**2021**
**2020**
**£**
**£**
900
900
1,442
1,442
**2,342**
**2,342**|
|---|---|---|
## **6 Trustee's Remuneration and Benefits**
None of the Trustees received fees or expenses in 2020 or 2021.
Page 10