## **Report of the Trustees and Unaudited Financial Statements For the Year Ended 31[st] January 2021**
## **For**
**The Christian and Missionary Alliance**
Registered No: 02451392 Registered Charity No. 802990
**Contents of the Financial Statements For the year ending 31[st] January 2021**
||Page|
|---|---|
|Report of the Trustees|3 to 6|
|Independent Examiner’s Report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9 to 10|
|Notes to the Financial Statements11 to 13||
|Statement of Financial Activities|14|
## **Report of the Trustees For the Year Ended 31[st ] January 2021**
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st January 2021.
**REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 02451392
## **Registered Charity number** 802990
## **Registered office**
Ashby Alliance Evangelical Church Off Avenue Road Ashby de la Zouch Leicestershire LE65 2FA
## **Trustees**
Rev M P Sharman Rev Mike Baraniak Rev D Turpin
## **Company Secretary & Acting Treasurer**
C.P. Margesson 6 The Moorings Hindhead Surrey GU26 6SD
## **Independent Examiner**
Lewis Whatling ACCA 40 Crowborough Road London SW17 9QQ
Page 3
## **Report of the Trustees - Continued For the Year Ended 31[st ] January 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document; the Memorandum and Articles of Association dated 4th November 1989, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 1985.
## **Recruitment and appointment of new trustees**
The Management Committee shall be made up of a minimum of 3 voting Members and 5 maximum including the officers – Director, Deputy Director and Treasurer. The post of General Secretary will be appointed by the voting members of the Management Committee. The Management Committee shall establish a Council of Reference made up of one representative (Pastor or Elder ) from each of the Associated Churches, or a substitute as approved and empowered by the Associated Church leadership, from each of the Associated Churches. The AGM will elect officers from nominations drawn together by the Committee on Nominations, members of the Management Committee and Accredited Workers and also confirm co-opted members as recommended by the Management Committee.
The Director acts as the Chief Executive Officer and Chairman of the Management Committee. No remuneration is paid to the members of the committee for work on that committee.
## **Induction and training of new trustees**
Officers are drawn from amongst the officers of Associated Churches and are already very familiar with the workings of the C&MA. As such, no specific formal training is given to new trustees at present. In order to make trustees aware of their legal responsibilities, all current trustees have been given a copy of CC3 'The Essential Trustee'.
## **Organisational structure**
The charity consists of Associated Churches within the United Kingdom. The charity is run by a Management Committee that meets approximately four times a year. The Management Committee is made up of up to five voting members including officers - Director, Deputy Director and Treasurer. The post of General Secretary is appointed by the voting members of the Management Committee. They receive advice from the Council of Reference.
## **Related parties**
The charity is part of and is affiliated to the worldwide organisation known as The Alliance World Fellowship which was born out of the work of The Christian & Missionary Alliance in over 50 countries. The charity is autonomous within the United Kingdom.
Page 4
## **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. Reviews of risk and the affairs of the charity are carried out when the accounts are approved by the finance committee in advance of the annual conference. The financial records are reviewed regularly by the Director and in advance of submitting them to the finance committee.
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## **Report of the Trustees - Continued For the Year Ended 31[st ] January 2021**
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The primary object of the charity is to promote the Christian Faith in all parts of the world in accordance with the Doctrinal Statement and in line with the vision, mission and strategy adopted and reviewed from time to time by members at the Annual General Meeting.
## **Significant activities**
The current activities are primarily bringing together a network of small groups and churches of like Biblical mindset in the UK that encourage one another as a family and engage together in overseas projects arising from the charity’s membership of the Alliance World Fellowship.
Funds are channelled through the charity for disaster relief and worker support in various countries including Lebanon, Bosnia Hercegovina. Mongolia, Spain and France.
## **Volunteers**
The Christian and Missionary Alliance relies largely on volunteers to provide for the day to day running of the organisation. Without this aid C&MA(GB) estimates the staff costs would rise by £30,000.
## **ACHIEVEMENT AND PERFORMANCE Charitable activities**
The Management Committee considers that the performance of the charity for the year has been satisfactory but recognises that additional income is required to sustain current levels of support to workers. Support has been given to personnel church planting and training.
## **Investment performance**
The Management Committee are currently satisfied with the investment performance of the assets so far and have no plans to make any changes.
## **Internal and external factors**
The Management Committee have made an assessment of the internal and external factors that may affect the financial statements and do not deem any factors material enough to have an impact.
## **FINANCIAL REVIEW**
## **Reserves policy**
Cash is held in the bank to cover net current liabilities and the balances on the various funds. The objective is to develop partnerships in the United Kingdom and with the Alliance World Fellowship to increase giving. In the event that adequate income is not achieved activity will be reduced accordingly. Funds are available to maintain current level of activities for the foreseeable future.
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## **Report of the Trustees - Continued For the Year Ended 31[st ] January 2021**
## **Investment policy objectives**
Under the Memorandum and Articles of association, the charity has the powers to borrow or raise money for the objects of the C&MA(GB) on such terms and (with such consents as are required by law) on such security as may be thought fit provided that the C&MA(GB) shall not undertake any permanent trading activities in raising funds for the objects of the C&MA(GB). Also, the charity has the powers to invest the money of the C&MA(GB) not immediately required for its objects in or on such investments, securities or property as may be thought fit, subject nevertheless to such conditions (if any) and such consents (if any) as may for the time being be imposed or required by law and subject to other constraints found within the Articles of Association.
The remaining cash is to be invested in an instrument that is seen to be as low risk as possible in order to provide good stewardship of monies held by the charity.
Overall the charity experienced a reasonably satisfactory year and hopes it will continue at the current level, or better, next year.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
## **ON BEHALF OF THE BOARD**
## **Mike Baraniak Director**
## **Date:**
Page 7
## **Independent Examiner's Report To the Trustees of The Christian & Missionary Alliance (GB)**
I report on the accounts of the company for the year ended 31 Jan 2021, which are set out on pages 1 to 4.
## **Respective responsibilities of trustees and examiner**
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income does not exceed £250,000 and I am competent with the necessary experience to undertake the examination. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state 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 Commission. 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 seeking 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 no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention: (1) Which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities 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.
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## Name: Lewis Whatling ACCA
Date:
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **for the Year Ended 31st January 2021**
**----- Start of picture text -----**
2014
Unrestrict Restricted 2021 2020
ed Funds Funds Total fund Total
s Funds
Not £ £ £ £
es
INCOME
Donations 2 13,812 47,700 61,512 46,309
Council & Other 2,779 1,207 3,986 10,031
Investment & Bank Interest 3 0 0 0 0
Total Incoming resources 16 48,907 65,498 56,340
,591
EXPENDITURE
Overseas Organisations & Individuals (30,393) (30,393) (14,211)
UK Organisations & Individuals (2,900) (14,695) (17,595) (26,825)
(2,900) (45,088) (47,988) (41,036
)
Other costs
Council Costs (67) (67) (3,286)
Administration (7,651) (7,651) (11,323)
Depreciation 0 (3,278) (3,278) (3,278)
4
Total other costs (7,718) (3,278) (10,996) (17,887
)
Total Expenditure (10,618) (48,366) (58,984) (58,923
)
Surplus of Income for Year 5,973 5 6,514 (2,583)
41
NET INCOMING/(OUTGOING)
RESOURCES before transfers
Gross transfers between funds 8 (2,371) 2,371
Net incoming/(outgoing) resources 3,602 2,912 6,514 (2,583)
RECONCILLIATION OF FUNDS
Capital Funds 0 107,907 107,907 111,185
Reserves Brought Forward 20,316 12,204 32,520 31,825
Net incoming (outgoing) resources excl 3,602 6,190 9,792 695
capital
Carried Forward 23,918 18,394 42,312 32,520
23,918 126,301 150,219 143,70
TOTAL FUNDS CARRIED FORWARD 5
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## **BALANCE SHEET**
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for the Year Ended 31st January 2021
Unrestrict Restricted 2021 2020
ed Funds Funds Total fund Total
s Funds
FIXED ASSETS Not £ £ £ £
es
Tangible Assets 6 0 107,907 107,907 111,185
CURRENT ASSETS
Prepayments and accrued income 7 2,420 3, 5,913 2,416
493
Cash in hand 21,498 14,901 36,399 30,104
23,918 18,394 42,312 32,520
CREDITORS/DEBTORS
Amount falling due within one year
NET CURRENT ASSETS 23,918 18,394 42,312 32,520
TOTAL ASSETS LESS CURRENT
LIABILITIES
23,918 126,301 150,219 32,520
NET ASSETS 23,918 126,301 150,219 143,705
FUNDS 8
Capital funds 107,907 107,907 111,185
Unrestricted funds 23,918 23,918 20,316
18, 18, 12,204
Restricted funds 394 394
TOTAL FUNDS 23,918 126,301 150,219 143,705
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## **BALANCE SHEET - CONTINUED for the Year Ended 31st January 2021**
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31[st] January 2021.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31[st] January 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) Ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) Preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The financial statements were approved by the Board of Trustees on ? and were signed on its behalf by:
............................................. Mr M Baraniak
.............................................
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## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31[st] January 2021**
## **1. ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
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.
Land and buildings - 2% on cost Plant and machinery etc - 20% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **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.
## **Donations and Other Income**
Donations and other income are credited to the accounts on a receipts basis. When donors specify donations are for a particular restricted purpose the income is included as restricted funds income.
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## **NOTES TO THE FINANCIAL STATEMENTS**
**for the Year Ended 31st January 2021**
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2. VOLUNTARY INCOME
2021 2020
£ £
Associated Churches & 23,813 15,675
Organisations
Individual – Donations 37,698 30,634
Gift Aid 3,487 4,210
Council and Other Income 500 5,821
65, 56,340
498
3. INVESTMENT INCOME
2021 2020
£ £
Bank Interest 0 0
0 0
4. NET INCOMING/(OUTGOING) RESOURCES
Net resources are stated after charging/
(crediting):
2021 2020
£ £
Depreciation – owned assets 3,278 3,278
5. TRUSTEES’ REMUNERATION AND BENEFITS
2021 2020
£ £
Trustees’ remuneration or other
benefits
Trustees’ expenses 0
0
Total: 0 0
6. TANGIBLE FIXED ASSETS
Land and Plant & Freehold
Buildings Machinery Property
etc
COST £
At 1st February 2020 163,929 163,929
Additions
At 31st January 2021 163,929 163,929
DEPRECIATION
At 1st February 2020 52,7 52,744
44
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Charge for year 3,278 3,278
At 31st January 2021 56,022 56,022
NET BOOK VALUE
At 31st January 2021 107,907 107,907
At 31st January 2020 111,185 111,185
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
for the Year Ended 31 [st] January 2021
7. CREDITORS/DEBTORS: AMOUNTS FALLING DUE/EXPECTED INCOME
WITHIN ONE YEAR
2021 2020
£ £
Other debtors 5,913,913913 2,416,416416
**----- End of picture text -----**
**----- Start of picture text -----**
2021 2020
£ £
Other debtors 5,913,913913 2,416,416416
8. MOVEMENT IN FUNDS
At 1st Net Transfers At 31st
February movement between January
2020 s in funds funds 2021
£ £ £ £
Capital funds – Unrestricted 0 0
Capital funds – Restricted 111,185 (3,278) 107,907
Unrestricted fund 20,316 5.973 (2,371) 23,918
Restricted funds 12,204 3,819 2,371 18,394
TOTAL FUNDS 143,705 6,514 0 150,219
Net movement in funds, included in the above are as follows:
Incoming Outgoing Movem
resources resources ent in
funds
£ £ £
Capital funds (3,278) (3,278)
Unrestricted funds 16,591 (10,618) 5,9
73
Restricted funds 48,907 (45,088) 3,8
19
TOTAL FUNDS 65,498 (58,984) 6,514
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## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31st January 2021**
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2021 2020
£ £
INCOMING RESOURCES
Voluntary income
Associated Churches and Organisations 42,820 15,675
Individual – Donations 18,692 30,634
Gift Aid 3,497 4,210
Council and Other Income 489 5,821
65,498 56,340
Investment income
Bank interest 0 0
Total incoming resources 65,498 56,340
RESOURCES EXPENDED
Other resources expended
Missions Overseas 30,393 14,211
Missions in Great Britain 17,595 26,825
Freehold property 3,278 3,278
Computer equipment 0 0
51,266 44,314
Support costs
Management
Administration 7,718 11,323
Bank Charges
Trustees Expenses 0
5
Council Costs 0 3,286
7,718 14,609
Total resources expended 58,984 58,923
Net income/(expenditure) 6,514 (2,583)
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