| CONTENTS | ~pa e | ||
|---|---|---|---|
| Charity information | |||
| Report ofTrustees | 3-5 | ||
| independent Examiner's |
Report | ||
| Statement offinancial |
activities | ||
| Balance sheet | |||
| Funds statement | |||
| Accounting policies |
10-11 | ||
| Notes to the financial | statements | 12-17 |
| Charity | Number | Number | 518346 | |||||
|---|---|---|---|---|---|---|---|---|
| Governing | Instrument | Declaration ofTrust |
( Amended) | |||||
| 29th July 1976 | (28th November | 1986) | ||||||
| Trustees | Ben Rajipandian | Chairman | - Resigned 25th October 2021 | |||||
| Gerald Sidery | Treasurer | |||||||
| Dave Hopper | Secretary | |||||||
| Joe Bullen | ||||||||
| Rachel Gray | ||||||||
| Richard Nutt |
Chairman | from | 25th October 2021 | |||||
| David Davies | ||||||||
| Joanna Nutt |
Appointed | 5th November 2021 | ||||||
| Elders & | Leaders | Gerald Sidery | ||||||
| Lin Sidery | ||||||||
| Andy Clark | ||||||||
| Jenni Ogden | ||||||||
| Joe Bullen | ||||||||
| Principal | Address | Northgate Church |
||||||
| Upper Northagte | Street | |||||||
| Chester | ||||||||
| CH14EF | ||||||||
| Bankers | National Westminster |
Bank pic | ||||||
| Chester Branch | ||||||||
| Independent | Examiner | Bayliss Baines Limited | ||||||
| Chartered Certified Accountants |
||||||||
| 1st Floor | ||||||||
| 29 Chester Street | ||||||||
| Wrexham LL13BBG |
| Incom)mg Resources | Incom)mg Resources | Unrestricted | Restricted | TOTAL | TOTAL | ||
|---|---|---|---|---|---|---|---|
| Income from: | Funds | Funds | 2021 | 2020 | |||
| Notes | E | E | E | E | |||
| Donations and legacies |
2(a) | 131,046 | 25,369 | 156,415 | 188,925 | ||
| Charitable activities |
2(b) | 31,713 | 31,713 | 51,856 | |||
| Investments | 2(c) | 1,999 | 1,999 | ||||
| Totalincome | 164,758 | 25,369 | 190,127 | 240,781 | |||
| Expenditure on: | |||||||
| Raising funds | 3(a) | ||||||
| Charitable activities |
3(I3) | 131,899 | 29,167 | 161,066 | 169,430 | ||
| Total expenditure | 131,899 | 29,167 | 161,066 | 169,430 | |||
| Net income(expenditure) | before investment | 32,859 | (3,798) | 29,061 | 71,351 | ||
| gains/(Losses) | |||||||
| Transfers between | funds | ||||||
| Net movement in funds |
32,859 | (3,798) | 29,061 | 71,351 | |||
| Reconciliation offunds | |||||||
| Total funds brought | forward | 431,720 | 26,147 | 457,867 | 386,516 | ||
| Total funds carried | forward | 464,579 | 22,349 | 486,928 | 457,867 |
| Unrestricted | Restricted | TOTAL | TOTAL | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | |||
| Notes | E | E | E | E | ||
| FIXEDASSETS | ||||||
| Tangible Assets | 164,362 | 164,362 | 170,025 | |||
| CURRENT ASSETS | ||||||
| Debtors and prepayments | 3,442 | 3,442 | 3,111 | |||
| Cash at Bank and in Hand | 304,793 | 22,349 | 327,142 | 291,419 | ||
| Total Current assets | 308,235 | 22,349 | 330,584 | 294,530 | ||
| CREDITORS | ||||||
| Amounts falling due within one year |
8 | 8,018 | 8,018 | 6,688 | ||
| Net Current Assets | 300,217 | 22,349 | 322,566 | 287,842 | ||
| Total assets less current | liabilities | 464,579 | 22,349 | 486,928 | 457,867 | |
| Total net assets | 464,579 | 22,349 | 486,928 | 457,867 | ||
| Funds ofthe Charity: | ||||||
| Restricted income funds | 22,349 | 22,349 | 26,147 | |||
| Unrestricted funds |
464,579 | 464,579 | 431,720 | |||
| Totalfunds | 464,579 | 22,349 | 486,928 | 457,867 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 6 | f | |||
| Net movement in funds |
29,061 | 71,351 | ||
| add: Depreciation |
7,462 | 7,101 | ||
| Decrease/(increase) | in debtors | (331) | 30,360 | |
| Incresae/(decrease) | in creditors | 1,330 | (207) | |
| Net cash used in operating | activities | 37,522 | 108,605 | |
| Tangible fixed assets | acquired | (1,799) | ||
| Loan repayments | ||||
| Cash brought forward |
291,419 | 182,814 | ||
| Cash carried forward | 327,142 | 291,419 |
| 2.INCOMING |
RESOURCES: | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | TOTAL | TOTAL | ||
| General | 2021 | 2020 | ||||
| 6 | 6 | 6 | ||||
| 2(a) Donations and legacies; | ||||||
| Donations | and gifts | 99,245 | 1,958 | 22,518 | 123,721 | 144,075 |
| Gift Aid | 24,248 | 2,851 | 27,099 | 28,841 | ||
| Non Gift Aid donations | ||||||
| Offerings | 5,595 | 5,595 | 16,009 | |||
| 129,088 | 1,958 | 25,369 | 156,415 | 188,925 | ||
| 2(b) Charitable activities: | ||||||
| Community | income | 1,232 | ||||
| Conference | income | |||||
| Church hall |
and house )ettings | 25,606 | 25,606 | 50,022 | ||
| Self Funded | Youth Events | 602 | ||||
| Outreach events |
||||||
| Sundry Income | 313 | 5,794 | 6,107 | |||
| 25,919 | 5,794 | 31,713 | 51,856 | |||
| 2(c)Income from investments | ||||||
| Interest | 1,999 | 1,999 | ||||
| 1999 | 1,999 | |||||
| TOTAL INCOMING RESOURCES |
157,006 | 7,752 | 25,369 | 190,127 | 240,781 |
| 3.RESOURCES EXPENDED | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | TOTAL | i OTAI. | ||
| Fund | Funds | Funds | 2021 | 2020 | ||
| E | E | E | E | E | ||
| 3(a)Raising funds | ||||||
| 3(b)Charitable activities |
||||||
| Ministry services | 45,856 | 45,856 | 3,875 | |||
| Ministry expenses | 5,586 | 29,167 | 34,753 | 36,322 | ||
| Ministry giftts | 6,496 | 4,800 | 11,296 | 16,454 | ||
| Seed Fund Transfer | ||||||
| Outreach, music, &drama |
2,933 | 2,933 | 4,988 | |||
| Rental property costs | 6,474 | 534 | 7,008 | 20,507 | ||
| Administration wages |
3,1$7 | 3,187 | 27,025 | |||
| Administration costs |
9,434 | 9,434 | 15,369 | |||
| Property costs -church | 36,431 | 36,431 | 23,814 | |||
| Community work projects |
2,197 | 2,197 | 2,451 | |||
| Conference, books and tapes | (257) | (257) | 2,745 | |||
| Children &youth work |
1,318 | 1,318 | 2,056 | |||
| Children &youth work - salaries |
||||||
| Administration wages -conferences |
&events | 637 | 637 | 5,405 | ||
| Administration costs - conferences |
&events | 1,1$7 | 1,187 | 1,410 | ||
| Sundry Expenses | 358 | |||||
| Governance costs |
5,086 | 5,086 | 6,651 | |||
| 126,565 | 5,334 | 29,167 | 161,066 | 169,430 | ||
| Total Expenditure | 126,565 | 5,334 | 29,167 | 161,066 | 169,430 |
| 4 | Statement offunds |
Statement offunds |
|||||||
|---|---|---|---|---|---|---|---|---|---|
| At 1stApril 2020 |
Income | Expenditure | Transfers | At 31st March 2021 |
|||||
| E | E | E | |||||||
| General Reserve | 322,198 | 157,006 | (126,5651 | (13,780) | 338,859 | ||||
| Designated funds |
|||||||||
| Bliss Legacy | 20,485 | 20,485 | |||||||
| Okell Legacy | 2,000 | 2,000 | |||||||
| Smith Legacy Lorne Street |
3,000 6,126 |
(534) | 1,855 | 3,000 7,447 |
|||||
| Redemption Fund |
28,000 | 28,000 | |||||||
| Seed Fund | 4,320 | 5,794 | (4,800) | 9,925 | 15,239 | ||||
| Family Worker Fund | 3,000 | 3,000 | |||||||
| Tech Development | Fund | 5,975 | 5,975 | ||||||
| Innovation Fund |
2,000 | 2,000 | 4,000 | ||||||
| Designated Tithes |
34,616 | 1,958 | 36,574 | ||||||
| 109,522 | 7,752 | (5,334) | 13,780 | 125,720 | |||||
| Total Unrestricted | Funds | 431720 | 164,758 | (131,899) | 464,579 | ||||
| Restricted funds | |||||||||
| Property Maintenance | Funds | ||||||||
| Property Maintenance |
Funds | 2,634 | 2,640 | ||||||
| Short Term Redirected | Gifts | ||||||||
| Redirected Gifts |
1,775 | (1,650) | 125 | ||||||
| Ministry Development |
(6) | ||||||||
| CSCW | |||||||||
| Destiny School Zambia | 969 | 7,194 | (6,891) | 1,272 | |||||
| Africa Missions | |||||||||
| L is a Richardson | 25 | (25) | |||||||
| Music Ministry | 500 | 500 | |||||||
| Passion 2020 | |||||||||
| Cuppa at the Cross | 314 | 314 | |||||||
| Lovemore &Caroline | 274 | 275 | (274) | 275 | |||||
| Zambia 2020 | |||||||||
| Zambia Sports & Kids | 1,500 | (650) | 850 | ||||||
| Steph Mansfield | 244 | 4,463 | (4,156) | 551 | |||||
| Ukraine | 870 | (150) | 720 | ||||||
| Wolverham School |
Fund | 2,379 | (2,200) | 179 | |||||
| Longer Term Ongoing | Funds | ||||||||
| Childrens Work |
850 | 850 | |||||||
| Kidsbank | 7,899 | 4,023 | (11,909) | 13 | |||||
| Mission to India | 2,739 | 490 | (250) | 2,979 | |||||
| Outreach Fund |
821 | 821 | |||||||
| Thailand Ministry |
548 | 548 | |||||||
| The Barn Fund | 2,529 | 3,875 | (950) | 5,454 | |||||
| Youth &Students | 4,320 | (62) | 4,258 | ||||||
| Total restricted funds | 26,147 | 25,369 | (29,167) | 22,349 | |||||
| Total funds | 457 867 | 190,127 | (161,066) | 486,928 |
| Designated funds |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Bliss Legacy | Unrestricted legacy received |
|||||||||
| Okell Legacy | Unrestricted legacy received |
|||||||||
| Smith Legacy | Unrestricted legacy received |
|||||||||
| Lorn eStreet Reparation | Fund | Reserve for future large reparations |
||||||||
| Seed Fund | Propotion of income set aside for | external | ministries | |||||||
| Family Worker Fund | Designated to launch Community |
Project | ||||||||
| Redemption Fund |
Funds set aside following reclaim |
of | offerings | |||||||
| Tech Development | Fund | Funds for future PA & Media upgrades |
||||||||
| Innovation Fund |
Funds set aside for future innovative | projects | ||||||||
| Designated tithes |
Tithes allocated for future larger projects | |||||||||
| Restricted funds | ||||||||||
| Property Maintenance | Funds | |||||||||
| General | Funds raised for Damp Issues &Roof | |||||||||
| Short Term Redirected | Gifts | |||||||||
| Redirected Gifts |
Funds received to redirect to individuals | and organisations | ||||||||
| Destiny School Zambia | Funds raised for a School in Zambia | |||||||||
| Lisa Richardson | Overseas Missionary |
|||||||||
| Cuppa at the Cross | Local Community Outreach |
|||||||||
| Lovemore & Caroline | Overseas Missionary |
|||||||||
| Steph Mansfield | Overseas Missionary |
|||||||||
| CSCW | Monies raised for Christian Schools |
work | in | Chester | ||||||
| Music Ministry | Fund for Musicians Training |
|||||||||
| Passion 2020 | Funds raised for Chester's Passion Play |
Project | ||||||||
| Africa Missions | Funds raised for Overseas Missions |
|||||||||
| Zambia 2020 | Funds raised for Mission Trip to Zambia | |||||||||
| Zambia Sports & Kids | Funds raised for Sports Ministry in |
Zambia | ||||||||
| Ukraine | Funds raised for Overseas Missions |
|||||||||
| Wolverham School Fund |
Funds raised for support for Woolverham | school | ||||||||
| Longer Term Ongoing | Funds | |||||||||
| Childrens Work |
To fund a part time children's worker |
|||||||||
| Mission to India | To fund ministry into India |
|||||||||
| Outreach Fund |
To fund special outreach events |
|||||||||
| Thailand Ministry |
To fund ministry trips into Thailand |
|||||||||
| The Barn Fund | To fund assistance to church members | in financial | crisis | |||||||
| Youth &Students | To fund the ministry into youth &student |
work | ||||||||
| Kidsbank | To assist the setting up ofa Children's |
clothing charity |
| 5 | Employees | Costs | 2021 | 2020 | |||
|---|---|---|---|---|---|---|---|
| E | E | ||||||
| Wages and | salaries | 46,609 | 34,078 | ||||
| Social security costs | |||||||
| Pensions | 901 | 610 | |||||
| 47,510 | 34,688 | ||||||
| There were no | employees | who earned more than f60,000 during the year. | |||||
| The average number ofemployees | analysed | by function was: | |||||
| Number | Number | ||||||
| Furtherance | ofCharity's | objectives | |||||
| Management | and administration | ofthe church |
| Number | Number | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Furtherance ofCharity's |
objectives | ||||||||
| Management | and administration | of | the church | ||||||
| 6 | FIXEDASSETS | Freehold land | Fixtures & | Office | P.A | ||||
| and | buildings | Fittings | Equipment | Media | Total | ||||
| E | E | f | f | E | |||||
| Cost | |||||||||
| As at 1stApril | 2019 | 225,833 | 56,767 | 32,344 | 61,372 | 376,316 | |||
| Additions | 1,799 | 1,799 | |||||||
| Disposals | |||||||||
| As at 31st March 2021 | 225,833 | 56,767 | 32p344 | 63,171 | 378,115 | ||||
| Depreciation | |||||||||
| As at 1st April | 2019 | 65,540 | 56,767 | 32,344 | 51,640 | 206,291 | |||
| Charge for the | Year | 3,277 | 4,185 | 7,462 | |||||
| Eliminated on |
Disposal | ||||||||
| As at 31stMarch 2021 | 68,817 | 56,767 | 32,344 | 55,825 | 213,753 | ||||
| Net Book Value | |||||||||
| As at 31stMarch 2021 | 157,016 | 7,346 | 164,362 | ||||||
| 7 | Debtors and Prepayments | 2021 | 2020 | ||||||
| E | E | ||||||||
| Income Tax Recoverable | 2,502 | 3,111 | |||||||
| Prepayments and Accrued |
Income | 940 | |||||||
| 3,442 | 3,111 |
| 2021 | 2020 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8 | Creditors: | Amounts | falling | due within one | year | f | E | ||||||||
| Accruals | 6,988 | 5,870 | |||||||||||||
| Other Creditors | 1,030 | 818 | |||||||||||||
| 8,018 | 6,688 | ||||||||||||||
| Unrestricted | Restricted | Total Funds | |||||||||||||
| Funds | Funds | 2021 | 2020 | ||||||||||||
| f | f | f | E | ||||||||||||
| Fixed Assets | 164,362 | 164,362 | 170,025 | ||||||||||||
| Current Assets | 308,235 | 22,349 | 330,584 | 294,530 | |||||||||||
| Current Liabilities |
(8,018) | (8,018) | (6,688) | ||||||||||||
| Fund Balance | 464,579 | 22,349 | 486,928 | 457,867 | |||||||||||
| 10 | Related party | transactions | and expenses - Trustees | ||||||||||||
| 2021 | 2020 | ||||||||||||||
| Fees | f | f | |||||||||||||
| Gerald Sidery | (including | Lin Sidery) | 27,300 | 1,950 | |||||||||||
| 27,300 | 1,950 | ||||||||||||||
| Number | Number | Total | Total | ||||||||||||
| 2021 | 2020 | 2021 | 2020 | ||||||||||||
| Expenses | f | f | |||||||||||||
| Traveling | and subsistence | ||||||||||||||
| Phone and internet | expenses | ||||||||||||||
| 88 | |||||||||||||||
| The total | donations | made by the trustees | during | the year was f21,515 (2020- | E23,706) | ||||||||||
| 1 | Governance | costs: | |||||||||||||
| 2021 | 2020 | ||||||||||||||
| f | f | ||||||||||||||
| Independent | examiners | fees | 1,620 | 1,630 | |||||||||||
| Salaries | S. | proportion | of overheads | 3,466 | 5,021 |