Charity Registered Number: 512488
The Good News Church Report and Accounts For the year ended 31 March 2021
The Good News Church Report and Accounts for the year ended 31 March 2021
Contents
| Page | |
|---|---|
| Trustees Report | 3 |
| Statement of Trustees’ Responsibilities | 8 |
| Examiners Report | 9 |
| Summary of Receipts and Payments | 10 |
| Statement of Assets and Liabilities | 11 |
| Notes to the Accounts | 12 |
| Detailed Analysis of Receipts and Payments | 13 |
| Analysis of Funds | 14 |
| Analysis of Grants | 14 |
Page | 2
The Good News Church Report and Accounts for the year ended 31 March 2021
Trustees Report
Name, registered office and constitution of the charity
The full name of the charity The Good News Church Working name Good News Community Church Charity registered number 512488 Charity address 25 Buttermere Court Congleton Cheshire CW12 4JD
Objectives and activities of the charity
A summary of the objects of the charity as set out in its governing document
The aims of Good News Church
-
The advancement of the Christian Faith through teaching the Bible and its moral doctrines.
-
Outreach to the whole community including children and young people.
-
Participation in inter-church events, local initiatives and the "Harvest Alliance" network.
-
Supporting children’s work in Africa and outreach to a variety of countries including Kenya.
-
Other such activities as the trustees shall decide to further the objects of Good News Church.
Public benefit that is provided by the charity
The trustees have regard to the Charity Commission guidance on Public Benefit and plan their activities to ensure that they comply with the guidance. Details of how this is achieved are given in the “Summary of the charity’s main activities in relation to its objects”.
Page | 3
The Good News Church Report and Accounts for the year ended 31 March 2021
Trustees Report
Summary of the charity’s main activities in relation to its objects
The Good News Community Church can look back on the financial year 2020 / 21 as a time that brought great challenge to the way we operate as a Church. For example, no in person Church Sunday services took place during that financial year due to Government and Local Authority pandemic restrictions and stipulations. The Community Hall that we use remained closed. During this time, we were able to talk about our return to use of the Hall with the Council’s Communities Department and discuss the formulation of a COVID-19 risk assessment.
We quickly adapted and transferred our Church services to the Zoom online communications platform. While we felt that did not give us the same experience as in person services, we were very grateful for the better than expected outcome. We were able to establish a sense of community online, and the breakout room facility was used to great effect to encourage social interaction between attendees, and pastoral care. We were also able to invite guest speakers to share during our online services.
Formal and informal Church meetings, as well as prayer meetings took place online. This helped continuity in governance and administration as well as upholding the Church’s House of Prayer vision. The Good News Community Church continued to emphasise its prayer vision as a foundation of the Church.
The Church office continues to be a great asset. This works well providing a location where administration of the Church can be managed effectively.
The Church’s employed Financial and Administrative Assistant greatly contributed to sustaining the administration of the Church during 2020 / 21. With no weekly offerings taken in Hall services, we have successfully encouraged direct giving into the Church’s bank account. The Trustees acknowledge the risks that the pandemic has created including to finances and continuity of attendance. However, I can report that the finances and attendance held up reasonably well.
We continued our participation in Harvest Alliance although for obvious reasons, the usual in person gatherings were very limited and restricted. Also, no Harvest Alliance pastoral visits to our Church took place. However, we met up with other Harvest Alliance leaders online and benefited from this input.
The restriction to our in person events gave us an opportunity to review some of our activities. Although out Families Together initiative continued until the first ‘lockdown’, after consultation with the Team, a decision was taken to discontinue this outreach.
Again, the Spirit Café outreach to the community in the Hall continued until February 2020. This had been very popular and very well attended. However, we were not able to continue this due to the restrictions. We hope to relaunch Spirit Café in the future.
Page | 4
The Good News Church Report and Accounts for the year ended 31 March 2021
Trustees Report
Summary of the charity’s main activities in relation to its objects (cont)
The Church also continues to develop its relationship with Church groups in Cheshire including Hope in North East Cheshire which provides a platform to social and spiritual initiatives in the Macclesfield area.
The Church was able to again give to the following recipients:
-
The Kenyan Children’s Project – a UK charity operating in Western Kenya who care for children in the community and in a children’s home, for those who have been abandoned. Increasingly this charity has been engaged in successful community projects.
-
Iris Global – a charity with a UK branch that work worldwide but particularly in East and South Africa.
-
Hope in North East Cheshire – church leaders forum and inter church projects.
-
Supporting the work of Harvest Alliance
-
The Joseph Storehouse – a charity supporting work amongst the underprivileged of the Middle East.
-
Healing Rooms – a national ‘marketplace’ spiritual outreach that takes place in a café environment.
-
The Hope Centre Charity in Macclesfield – for the provision of hot meals to local hostels
During the financial year 2020 / 21 the Church’s expenditure dropped with no outlay for the cost of using the Community Hall. With this, and the background of hardship caused by the pandemic, we gave more money to needy causes than originally planned. This included local and international charities.
Also, I am pleased to report that there was an income surplus of £5,754 at the end of the financial year 2020 /21.
The Trustees are grateful for all those who have faithfully given to and served the Church over many years. Also, the Trustees acknowledge the hard work and commitment of our finance Trustee John Makinson.
Page | 5
The Good News Church Report and Accounts for the year ended 31 March 2021
Trustees Report
Structure, governance and management
Nature of “Governing Document” and constitution of the charity
Good News Church is registered with the Charity Commission. The governing document is the Trust Deed dated 17 March 1982. The trustees meet on a formal basis as often as they deem necessary to fulfil their obligations and ensure the smooth running of Good News Church.
The methods adopted for the recruitment and appointment of new trustees
The power of appointment and removal of trustees is vested in the trustees of the Church in accordance with the provisions of the trust deed. All Trustees must be members of the Church and must adhere to the "Basis of Faith" .
Financial review
Availability and adequacy of assets of each of the funds
The trustees are satisfied that the charity’s assets in each fund are available and adequate to fulfil the obligations in respect of each fund.
Reserves
It is of paramount importance to The Good News Church that it has the ability to meet its expenses, and accomplish long term expansion and growth to reach its goals.
In 2007 the trustees introduced a policy for a "strategic storehouse" of savings. This has continued to build the Church's general reserve to a level which would enable its continued operation for an initial period in the absence of funds.
The "strategic storehouse" fund is shown as part of the general funds.
A separate reserve is being built with a view of providing a basis for future building or accommodation needs for the Church's ministry. This could be by way of either purchase or rental. This is included in the general funds. The trustees monitor and review the appropriateness of reserves to enable the activities of the charity to continue.
Transactions and financial position
The financial statements are set out on pages 10 to 14 . The financial statements have been prepared on a receipts and payments basis, which is permitted for smaller charities. As stated in the introduction to this report, the trustees consider the financial performance by the charity during the year to have been satisfactory.
The Statement of Financial Activities show net incoming resources for the year of a revenue nature of £5,754 (prior year net incoming £38,562).
The total reserves at the end of the year stand at £173,400 (prior year £167,646). Free unrestricted liquid reserves amounted to £173,361 (prior year £167,607).
Page | 6
The Good News Church Report and Accounts for the year ended 31 March 2021
Trustees Report
The trustees of the charity during the year were:
P Entwistle I Franklin J Makinson A Smith
The trustees are all members of the charity.
The trustees of the charity at the date the report and accounts were approved were:
P Entwistle I Franklin J Makinson A Smith
Bankers
Barclays Bank plc
Independent examiner
Paul W J Evans FMAAT ACMA CGMA AP Accountancy Ltd Chartered Management Accountants 34 Birch Valley Road Kidsgrove Stoke-on-Trent, ST7 4GN
Page | 7
The Good News Church Report and Accounts for the year ended 31 March 2021
Trustees Report
Statement of trustees’ responsibilities
The Charities Act requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:-
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
-
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act. 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.
The trustees are also responsible for the contents of the trustees' report, and the responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
This report was approved by the board of trustees on 30 September 2021
Paul Entwistle Trustee
Page | 8
The Good News Church Report and Accounts for the year ended 31 March 2021
Independent Examiner's Report to the trustees of the charity
Report of the Independent Examiner to the trustees on the accounts of the Charity for the year ended 31 March 2021. (Rev October 2018)
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 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiners statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
The Examiner's relevant professional qualification or body:
Chartered Management Accountant
Paul W J Evans FMAAT ACMA CGMA AP Accountancy Ltd Chartered Management Accountants 34 Birch Valley Road Kidsgrove Stoke-on-Trent, ST7 4GN
The date on which my opinion is expressed is 30 September 2021
Page | 9
The Good News Church Report and Accounts for the year ended 31 March 2021
Statement of receipts and payments for the year
| Receipts Offerings and Gifts Income from sale of assets Investment Income Total Revenue Receipts Capital Receipts Total Receipts from all sources Payments Direct Charitable Expenditure Payments relating directly to charitable activities Grants and donations Administration Governance Total Revenue Payments Capital payments Total Payments Net receipts / (payments) in year Net Surplus / (net deficit) for year |
2021 Unrestricted Funds £ 43,762 0 299 |
2021 2021 2020 Restricted Total Total Funds Funds Funds £ £ £ 0 43,762 93,664 0 0 0 0 299 345 |
2021 2021 2020 Restricted Total Total Funds Funds Funds £ £ £ 0 43,762 93,664 0 0 0 0 299 345 |
|
|---|---|---|---|---|
| 44,061 | 0 44,061 94,009 |
|||
| 0 | 0 0 0 |
|||
| 44,061 | 0 44,061 94,009 |
|||
| 28,709 6,819 2,030 749 |
0 28,709 36,757 0 6,819 13,732 0 2,030 3,949 0 749 1,009 |
|||
| 38,307 | 0 38,307 55,447 |
|||
| 0 | 0 0 0 |
|||
| 38,307 | 0 38,307 55,447 |
|||
| 5,754 | 0 5,754 38,562 |
|||
| 5,754 | 0 5,754 38,562 |
Page | 10
The Good News Church Report and Accounts for the year ended 31 March 2021
Statement of assets and liabilities as at the 31 March 2021
| Cash funds Cash funds and bank balances at start of year Surplus on receipts and payments account Cash funds before transfers Transfers between funds Cash and bank balances at end of year Other Assets Description of asset Gift Aid Recoverable Total value of other assets Liabilities Description of Liabilities Examiners Fee Total value of liabilities Total Assets less Liabilities |
2021 Unrestricted Funds £ 167,607 5,754 |
2021 2021 2020 Restricted Total Total Funds Funds Funds £ £ £ 39 167,646 129,084 0 5,754 0 |
2021 2021 2020 Restricted Total Total Funds Funds Funds £ £ £ 39 167,646 129,084 0 5,754 0 |
|
|---|---|---|---|---|
| 173,361 0 |
39 173,400 129,084 0 0 0 |
|||
| 173,361 | 39 173,400 167,646 |
|||
| 1,972 | 0 1,972 2,693 |
|||
| 1,972 | 0 1,972 2,693 |
|||
| 400 | 0 400 400 |
|||
| 400 | 0 400 400 |
|||
| 174,933 | 39 174,972 169,939 |
J Makinson Trustee Approved by the board of trustees on 30 September 2021
Page | 11
The Good News Church Report and Accounts for the year ended 31 March 2021
Notes to the accounts
1. Basis of accounting
Receipts and payments accounts are statements that summarise the movement of cash into and out of the charity during the financial year. In this context “cash” includes cash equivalents, for example bank accounts where cash can be readily withdrawn to pay for debts as they become due.
2. The nature and purpose of each fund
Restricted funds comprise monies received for specific purposes, as laid down by the donor. Appropriate expenditure is allocated against such funds.
Unrestricted funds are those funds which are available for the general purposes of Good News Church.
3. Trustee remuneration
No Trustee receives remuneration for their services as a trustee of The Good News Church. All Trustees are reimbursed where appropriate for expenditure incurred on behalf of the Charity. These expenses are included in the receipts and payments accounts in the appropriate category.
4.Salaries and wages
| Gross salaries and employers National Insurance Pension costs Average number of full time employees in year |
2021 22,077 - 22,077 1.0 |
2020 20,976 - |
|---|---|---|
| 20,976 | ||
| 0.9 |
The above amounts are included in the receipts and payments accounts in the “payments relating directly to charitable activities”.
5. Taxation
The charity is not liable to tax on its charitable income.
Page | 12
The Good News Church Report and Accounts for the year ended 31 March 2021
Notes to the accounts
6. Analysis of receipts and payments for the year
| Receipts Donations Gift Aid recovered Total Donations Received Investment Income Total Receipts Payments Payments relating directly to charitable activities Gross Wages and salaries - charitable activities Outreach expenses Visiting speakers Travel and Subsistence Training and conferences Premises Costs Rent payable Insurance Premises maintenance General administrative expenses Stationery and Printing Subscriptions Equipment expensed Advertising and PR Grants paid Grants paid to individuals Grants paid to institutions Total grants paid Governance costs Examiners Fees Other Professional Fees Total Governance Costs |
2021 Unrestricted Funds 36,143 7,619 |
2021 2021 2020 Restricted Total Total Funds Funds Funds 0 36,143 85,992 0 7,619 7,672 |
2021 2021 2020 Restricted Total Total Funds Funds Funds 0 36,143 85,992 0 7,619 7,672 |
|
|---|---|---|---|---|
| 43,762 299 |
0 43,762 93,664 0 299 345 |
|||
| 44,061 | 0 44,061 94,009 |
|||
| 22,077 7 800 0 100 |
0 22,077 20,976 0 7 593 0 800 1,100 0 0 0 0 100 2,816 |
|||
| 22,984 | 0 22,984 25,485 |
|||
| 5,116 609 0 |
0 5,116 10,543 0 609 652 0 0 77 |
|||
| 5,725 | 0 5,725 11,272 |
|||
| 241 816 840 133 |
0 241 739 0 816 907 0 840 1,106 0 133 1,197 |
|||
| 2,030 | 0 2,030 3,949 |
|||
| 0 6,819 |
0 0 1,866 0 6,819 11,866 |
|||
| 6,819 | 0 6,819 13,732 |
|||
| 360 389 |
0 360 360 0 389 649 |
|||
| 749 | 0 749 1,009 |
Page | 13
The Good News Church Report and Accounts for the year ended 31 March 2021
Notes to the accounts
7. Analysis of funds at 31 March 2021
| General Fund Building Storehouse_"Designated" Storehouse"Designated"_ Restricted Funds Total Funds |
Balance at 1 Apr 2020 £ 74,325 63,282 30,000 |
Receipts £ 39,432 4,629 0 |
Payments £ (38,307) 0 0 |
Transfer between Funds £ 0 0 0 |
Transfer between Funds £ 0 0 0 |
Balance at 31 Mar 2021 £ 75,450 67,911 30,000 |
|
|---|---|---|---|---|---|---|---|
| 167,607 | 44,061 | (38,307) | 0 | 173,361 | |||
| 39 | 0 | 0 | 0 | 39 | |||
| 167,646 | 44,061 | (38,307) | 0 | 173,400 |
8. Analysis of Grants for the year
| . Analysis of Grants for the year | |||||||
|---|---|---|---|---|---|---|---|
| Grants to Institutions Iris Ministries Kenya Childrens Project Harvest Alliance (Partners in Harvest) Harvest Ministries Hope in North East Cheshire Hope Centre Hope for Justice CAP UCB Joseph Storehouse Costa Healing Rooms Talke Well Baptist Church Revival School Total Grants to Institutions Grants to Individuals Total Grants in Year |
2021 Unrestricted Funds £ 1,220 2,325 2,174 0 200 500 0 0 0 200 200 0 |
2021 Restricted Funds £ 0 0 0 0 0 0 0 0 0 0 0 0 |
2021 Total Funds £ 1,220 2,325 2,174 0 200 500 0 0 0 200 200 0 |
2020 Total Funds £ 720 2,102 4,244 500 600 500 500 600 600 700 600 200 |
|||
| 6,819 | 0 | 6,819 11,866 |
|||||
| 0 | 0 | 0 1,695 |
|||||
| 6,819 | 0 | 6,819 13,561 |
Page | 14