Everyday Champions Centre - Charities report - 18.1

Everyday Champions Centre - Charities report - 18.1


IRIS Accounts Productionv18.3.1.65OtherCompany accountsTrueFalsePounds1.4.1731.3.1831.3.18FYG E Morgan G E Morgan FRS 102Independent examinerLarge and medium-sized companies regime for accountsFullCharities SORPTrueTrueTrueTrueTrueFalseTrueTrueFalseFalseTrueFalse iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure059867492017-03-31059867492018-03-31059867492017-04-012018-03-31059867492016-03-31059867492016-04-012017-03-31059867492017-03-3105986749ns0:CharitableCompanyLimitedByGuarantee2017-04-012018-03-3105986749ns15:PoundSterling2017-04-012018-03-3105986749ns0:Trustee42017-04-012018-03-3105986749ns11:FRS1022017-04-012018-03-3105986749ns11:IndependentExaminationCharity2017-04-012018-03-3105986749ns11:LargeMedium-sizedCompaniesRegimeForAccounts2017-04-012018-03-3105986749ns11:FullAccounts2017-04-012018-03-3105986749ns11:CharitiesSORP2017-04-012018-03-3105986749ns16:EnglandWales2017-04-012018-03-3105986749ns0:TotalUnrestrictedFunds2017-04-012018-03-3105986749ns0:TotalRestrictedIncomeFunds2017-04-012018-03-3105986749ns0:Activity82017-04-012018-03-3105986749ns0:Activity8ns0:TotalUnrestrictedFunds2017-04-012018-03-3105986749ns0:TotalRestrictedIncomeFundsns0:Activity82017-04-012018-03-3105986749ns0:Activity82016-04-012017-03-3105986749ns0:TotalUnrestrictedFunds2017-03-3105986749ns0:TotalRestrictedIncomeFunds2017-03-3105986749ns0:TotalUnrestrictedFunds2018-03-3105986749ns0:TotalRestrictedIncomeFunds2018-03-3105986749ns10:WithinOneYearns0:TotalUnrestrictedFunds2018-03-3105986749ns0:TotalRestrictedIncomeFundsns10:WithinOneYear2018-03-3105986749ns10:WithinOneYear2018-03-3105986749ns10:WithinOneYear2017-03-3105986749ns10:AfterOneYearns0:TotalUnrestrictedFunds2018-03-3105986749ns10:AfterOneYearns0:TotalRestrictedIncomeFunds2018-03-3105986749ns10:AfterOneYear2018-03-3105986749ns10:AfterOneYear2017-03-3105986749ns10:OwnedOrFreeholdAssetsns10:LandBuildings2017-04-012018-03-3105986749ns10:FurnitureFittingsToolsEquipment2017-04-012018-03-310598674922017-04-012018-03-310598674912017-04-012018-03-310598674912016-04-012017-03-3105986749ns10:OwnedAssets2017-04-012018-03-3105986749ns10:OwnedAssets2016-04-012017-03-3105986749ns0:TotalUnrestrictedFunds2016-04-012017-03-3105986749ns0:TotalRestrictedIncomeFunds2016-04-012017-03-3105986749ns0:Activity8ns0:TotalUnrestrictedFunds2016-04-012017-03-3105986749ns0:TotalRestrictedIncomeFundsns0:Activity82016-04-012017-03-3105986749ns10:OwnedOrFreeholdAssetsns10:LandBuildings2017-03-3105986749ns10:FurnitureFittings2017-03-3105986749ns10:FurnitureFittings2017-04-012018-03-3105986749ns10:OwnedOrFreeholdAssetsns10:LandBuildings2018-03-3105986749ns10:FurnitureFittings2018-03-3105986749ns10:OwnedOrFreeholdAssetsns10:LandBuildings2017-03-3105986749ns10:FurnitureFittings2017-03-3105986749ns10:CostValuation2017-03-3105986749ns10:UnlistedNon-exchangeTradedns10:CostValuation2017-03-3105986749ns10:Subsidiary22017-04-012018-03-3105986749ns10:Subsidiary232017-04-012018-03-3105986749ns10:Subsidiary22018-03-3105986749ns10:Subsidiary22017-03-3105986749ns10:Subsidiary32017-04-012018-03-3105986749ns10:Subsidiary352017-04-012018-03-3105986749ns10:Subsidiary32018-03-3105986749ns10:Subsidiary32017-03-3105986749ns10:Subsidiary42017-04-012018-03-31059867497ns10:Subsidiary42017-04-012018-03-310598674972017-04-012018-03-3105986749ns10:Subsidiary42018-03-3105986749ns10:Subsidiary42017-03-3105986749ns10:BetweenOneTwoYears2018-03-3105986749ns10:BetweenOneTwoYears2017-03-3105986749ns10:BetweenTwoFiveYears2018-03-3105986749ns10:BetweenTwoFiveYears2017-03-3105986749ns10:Secured2018-03-3105986749ns10:Secured2017-03-31

REGISTERED COMPANY NUMBER: 05986749 (England and Wales)

REGISTERED CHARITY NUMBER: 1119240



















Report of the Trustees and
Unaudited Financial Statements for the Year Ended
31 March 2018




for





Everyday Champions Centre




Everyday Champions Centre


Contents of the Financial Statements

for the Year Ended 31 March 2018














Page




Reference and Administrative Details

1




Chairperson's report from G Morgan

2




Report of the Trustees

3 to 10




Independent Examiner's Report

11




Statement of Financial Activities

12




Balance Sheet

13 to 14




Cash Flow Statement

15




Notes to the Cash Flow Statement

16




Notes to the Financial Statements

17 to 27




Everyday Champions Centre


Reference and Administrative Details

for the Year Ended 31 March 2018







TRUSTEES


Dr A Davies (Academic Director At University)



T A Davis (Accountant)




J W Loades (Project Manager)




G E Morgan (Minister)




L R Button (Director)







COMPANY SECRETARY


M J Sivers






REGISTERED OFFICE


Jessop Close



Newark




Nottinghamshire




NG24 4AG







REGISTERED COMPANY NUMBER


05986749 (England and Wales)






REGISTERED CHARITY NUMBER


1119240






INDEPENDENT EXAMINER


Willsons



Chartered Accountants




Carlton House




High Street




Higham Ferrers




Northamptonshire




NN10 8BW





Everyday Champions Centre


Chairperson's report from G Morgan

for the Year Ended 31 March 2018


I am pleased to report that 2017-18 was another year of progress for Everyday Champions (EC). Our key word for this

year has been 'identity' and the focus has been on clearly communicating the message of Everyday Champions and how

we can best serve our communities alongside many other great churches. We have undertaken a re-branding as part of

this year which has given us a platform to better engage with our communities with our transformational message.


We have a fully operational organisation that works out from Greenwich, London to our other three locations in Newark,

Wellingborough and Swansea. All systems and structures are in place to support our evolving vision to…


i) Re-engineer the church to take its unchanging message and yet embrace the rapidly changing social norms of society

ii) Build a coaching culture and framework that mobilises people inside the church to have a positive impact on the

sphere of society within which they work

iii) Enable people to experience the joy of being in an inclusive family any day of the week as well as Sunday's.


Throughout this year Greenwich community has been focussed on engaging with the community through Coffee hut.

Coffee hut is run in conjunction with our sister charity i61 and serves free high quality gourmet coffee to the community

along with pastries. Every Sunday for at least 2 hours we have served 70 people on average every week having

conversations with at least 2500 different people of all ages, backgrounds and socio-economic backgrounds. This has

enabled us to identify and respond to needs and also inform future planning. We have listened to people and used

questionnaires and feedback forms to gather information on the key areas they feel we can serve them best with what we

have to offer.


One of the key areas that they highlighted was a desire for them to be helped in understanding how they could impact

society in a  positive way. This led to us running a pilot scheme called 'impact coaching' which takes a coaching

framework delivered by myself and running online webinars and in-house coaching and coffee. We learned a lot through

this process and taking ideas forward into how we can offer this moving forwards.


We are slowly but surely creating a strong culture that empower people to believe that in Christ they are Champions in

life. Here is a short testimony of one young man called Matthew who represents countless many others who can share

similar stories of how Everyday Champions has created a transformational change in their lives.


"God has given me motivation to be the best person, man, and husband I could possibly be by using his word and

guidance as a cornerstone in my life. He has changed my outlook on life in every aspect, whether it be personal, family,

or professional life. God has changed the way I deal with situations and how to handle everything that comes my way by

putting Him first and giving Him the glory in every move. He has changed my perception of the phrase 'Losing', for I am

never truly losing, as I am constantly winning when under his mighty power and grace."


We are always grateful for the army of people who have invested their time, talents and treasure into Everyday

Champions as their church family. We are excited by how the investment of time and resource will help us achieve

incredible results for both the church and the communities we are serving.


Significant organisational transitions have also taken place within the businesses that are wholly owned by Everyday

Champions to see them increase in effectiveness and profitability moving forwards.


As of writing i61 is being signed off to be brought under the directorship of Everyday Champions as 'MiY 'More In

You'. It will strategically be the means for the church to engage in the mainstream with the purpose of bringing positive

transformational change. You can read more about the activities of i61 in its own report.


We are excited by all that lies ahead and are committed more than ever to serve the people in our communities with

every available resource we have.


Gareth Morgan



Everyday Champions Centre


Report of the Trustees

for the Year Ended 31 March 2018


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 31 March 2018. 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 2015).


OBJECTIVES AND ACTIVITIES

Objectives and aims

Each of the objectives of the charity apply in such parts of the United Kingdom or the world as the directors from time to
time may think fit.

In practice at the moment this is in Newark in Nottinghamshire, Wellingborough in Northamptonshire, Swansea, and
London.

The objectives are to:
- Advance the Christian faith in such ways as the directors think fit.

- Relieve sickness and financial hardship and to promote and preserve health by the provision of funds, goods and
services of any kind, including through the provision of counselling and other support.

- Advance education


Everyday Champions Centre


Report of the Trustees

for the Year Ended 31 March 2018


OBJECTIVES AND ACTIVITIES

Significant activities

The charity has carried out a wide range of activities during 2017-18.


Advancement of the Christian Faith


The provision of:


- Christian church services every Sunday in all locations.

- Champion Kids activities which run every Sunday for 3-11 year olds in all locations.

- "Connect groups" which meet in the homes of church members during the week in Newark, Wellingborough,

London, and began in Swansea in September 2015.

- Amplified youth groups, which run weekly in term times in Newark and Wellingborough and fortnightly in Swansea.

- Courses teaching about the Christian faith and applying its principles in everyday life in Newark, Wellingborough and

London.


Relief of sickness and financial hardship


Involvement in:


- The Impact project, a joint police and churches together venture which provides advice and practical support (e.g.

hot food and pantry supplies) primarily to people affected by substance misuse.

- New Life Children's Centres, a UK charity we partner with that works in the Gambia to provide primary and secondary

education through sponsorship.

- Teen Challenge, a charity we partner with to offer advice and practical help to people with drug and alcohol addictions.

- The work of MIY (More In You), a UK charity which comes under the umbrella of Everyday Champions. Many

projects have been run which serve the community. For example- visiting care homes, assisting local charities in their

work, giveaways, responding to local needs, litter picking, family fun days.

- Compassion UK. A global charity committed to bringing relief of poverty in communities in Jesus name. People in the

church are encouraged to sponsor children direct and we provide compassion a platform to continue to develop

sponsorship opportunities as well as a financial gift from our annual offering.


Advancement of Education


The provision of:


- "Little Champs" Pre-School and Day Nursery, which operates in Wellingborough, providing care and education for

children aged up to 8 years old.

- Employment opportunities, including short-term work experience and apprenticeship opportunities.

- Volunteering opportunities where volunteers can gain skills and experience. Every year we provide opportunities for

children in secondary education who are looking for work experience to access our charitable activity and social

enterprises to develop key skills.

- Impact coaching. Creating an opportunity for adults and young people to self-evaluate unique gifts, talents and

experiences that could result in a career change or identifying paths for development.


Public benefit

The trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit
when reviewing the aims and objectives and in planning the future activities. In particular the trustees consider how
planned activities will contribute to the aims and objectives that have been set as explained below.


Everyday Champions Centre


Report of the Trustees

for the Year Ended 31 March 2018


ACHIEVEMENT AND PERFORMANCE

Charitable activities

Summary of the main activities undertaken for the public benefit.

During the period 2017-2018 the following activities and events have been organised:-


1. Church activities


Everyday Champions encompasses four locations.


We seek to offer anyone who lives within travelling distance of our church communities an opportunity to be part of a

welcoming and vibrant church community. We aim to provide activities that every age group can benefit from, where

they can access friendship, an opportunity to understand the Christian faith, to access pastoral care, and practical help

and support. We aim to ensure that all our members are a contributing part of accomplishing our vision, and we invest in

training and equip them to love and serve our communities. We champion new initiatives and projects that further our

vision, which is to connect people to God, community and purpose.


We also offer access to our church teaching via recordings uploaded to youtube, and from January 2018 we have sent

out numerous bite size teaching videos via email to every subscriber and shared them on our social media platforms. We

have had reports from many people who are not physically attending our church that these have been a great source of

encouragement and motivation. Some of those who have reflected this back to us do not profess to be Christians. We

value contributing to the lives of people who have a faith or none and is in alignment with our desire as a church and

organisation to be inclusive.


Sunday gatherings


As we are only in the fourth year of working across four locations, we have continued to work hard to ensure all

Everyday Champions

Church activities are consistent in cultural values, standard of excellence, and common systems. Using central resource

in producing church programme and resources is allowing us to work effectively.


Average combined Sunday attendance is now 420. This breaks down to average attendance in each of the locations as

follows:

Newark- 115

Wellingborough- 270

London- 20

Swansea-15


A crèche facility is available in all four locations during the main church services for families with 0-3 year olds.

Champion Kids runs weekly in all locations, providing children aged 3-11 years old with fun activities and Christian

teaching. It has an average attendance of 30 in Newark and 60 in Wellingborough and 3 in London and 8 in Swansea.

We have worked hard to ensure all Everyday Champions Church kids activities are consistent in cultural values,

standard of excellence, and common systems. Using central resource in producing a teaching programme and resources

is allowing us to work effectively. Over the last year we have invested in and developed our use of media to improve our

provision, in using screens, video teaching, and music. Champions kids has developed its own strong brand and have

developed bags and badges that help reinforce positive identity messages. We have also worked hard at putting tools in

the hands of parents to help facilitate conversations at home along the theme of the curriculum. One development has

been the use of video's on YouTube to deliver this. We have a standardised provision across all locations, and raised

standards over all locations.


Church community


Connect Groups for both adults, and 11-18 year olds(Amplified connect) are run fortnightly, and are an important part of

how the Everyday Champions Church community is built. Here people can connect with each other as community whilst

encouraging and supporting each other. Video content plays a big part in facilitating these groups and allows us to keep

a consistent message throughout our four locations. Average attendance of connect groups is as follows:

Newark- 100

Wellingborough- 150

London- 20

Swansea- 19




Everyday Champions Centre


Report of the Trustees

for the Year Ended 31 March 2018


ACHIEVEMENT AND PERFORMANCE

Charitable activities

Training


Periodically we have held team days gathering all sites, to communicate vision, information, and build relationships that

span over distance. On average 65-70 people have attended many of which have travelled to attend each event. This has

helped to raise standards and standardise.


We have started a leadership coaching environment called Impact, which runs fortnightly in all locations. This is to

allow every person to develop in leadership skills whatever their area.  This has been very successful, and has drawn in

many who were not able to attend connect groups. Everyday Champions is committed to developing a coaching culture

and 'impact nights' have played a key part in bringing that to fruition.


2. Community work


IM-PACT Project


6 volunteers from EC help each week on average. Two committee members are from EC, Ken Morgan and Margaret

Staples. There were 22 mentors/volunteers during this period. Average attendance of clients is 15-20.


Hot meals are provided at the weekly Drop-in sessions. Showers are available. Emergency food parcels, clothes, shoes,

blankets, sleeping bags, tents and toiletries are provided.


The volunteers offer befriending, practical advice and sign-post to other agencies.


They accompany clients to the Job Centre, Housing department, CAB, Food Bank, Debt agencies, doctors, CRI, hospital

appointments, probation, court, rehabilitation centres and other places as needed.


Some volunteers meet regularly for coffee with clients and some help practically at church, with supervision.


The library is a good venue to meet those who prefer a one to one session, rather than a group encounter.


Families and schools


We are committed to supporting schools and families in our local community. Two of our members are now school

chaplains and one member is a school governor.


We have run family events in all locations, and continue to run weekly Mini Champs parent and toddler sessions in

Wellingborough. Building relationships with regular attenders has allowed volunteers to get involved with families to

provide advice, support and signpost to services needed.


We continue to run Little Champs Preschool and Day Nursery, which is a trading subsidiary of the charity

Wellingborough which offers affordable childcare for 2-8 year olds.


Occupancy reached 98% during the year.

The staff team has grown, all full time staff are qualified to Level 3, and Managers are Early Years Professionals. Two

staff members are doing a degree in childhood studies. Two apprentices are placed at the nursery. The deputy manager

has been trained in finance and is now responsible for part of the book keeping, this has improved financial awareness

and effective decision making at the nursery.


The Nursery finances are still managed daily in order to keep them up to date, and debt management is dealt with at a

weekly meeting between the finance officer and the nursery manager. Debt has been extremely low throughout the year.

An end of month management report provides information on profit and loss, and other key performance indicators.


The rapport between staff and parents continues to be excellent.


Policies and procedures continue to be updated regularly and training is ongoing. All staff are regularly kept up to date

with training, and staff induction has been brought to a very good standard.



Everyday Champions Centre


Report of the Trustees

for the Year Ended 31 March 2018


ACHIEVEMENT AND PERFORMANCE

Charitable activities

The Nursery was inspected by Ofsted in December 2017 and achieved a 'Good' outcome and an excellent report

identifying many positive aspects of the Nursery provision.


The leader of our Newark community has been working with Magnus school, Newark, Nottinghamshire, to do two

weeks of assemblies this year. as well as being part of a mentoring programme they have started up. We are also in the

process of starting a lunch time club that will focus on identity statements


Community Projects - Outworked through our sister charity i61 Project (renamed MIY (more in You) inc)


The aim of i61 is to serve our local community practically.


Whilst we have a number of our own initiatives under i61, the goal is to partner with other local groups and charitable

organisations in order to provide volunteers, practical support and resource.


We have concentrated on a project based approach, providing volunteers, resource, admin support, by putting on Family

fun events, and giving gifts to those living in deprived areas within the community at Easter and Christmas.


Community events have now been extended to Swansea in South Wales. As has already been mentioned we have started

Coffee Hut in Greenwich which has opened up conversation within the community about how we can better support

local needs. It has brought members of a diverse community together in London. We have been able to respond to crisis

such as urgent food bank donations and are in the process of partnering with local organisations working with the

homeless and asylum seekers.


EC continues to support NLCC, volunteers continue to support a local Charity Shop in Newark town centre which has

been very successful, and is funding a third building project at one of the schools sites.


Regular trips to the Gambia are run which take up to 30 people from the UK and give them opportunity to volunteer for

a week at NLCC, but also to catch the vision of NLCC. Many different people with skills and experience have helped

NLCC in its work, for example, medical professionals, managers and people with experience in admin and finance,

teachers and childrens workers. This has resulted in more people in the UK recruiting sponsors, and more people

sponsoring a child £15.00 a month or a teacher £25.00 per month.



3. Business and social enterprise


The Newark Business Club continue to use the Newark building as their meeting place, which allows us to meet and

serve over 200 business owners in the Newark area once a month. We offer the venue free of charge, as part of Everyday

Champion's commitment to invest in the business community.


We wholly own Café Connect of Newark, a Starbucks franchise, which serves our community and particularly our local

business community. It has become a hub for the local community, providing local businesses with a venue for meetings

and informal supervisions, as well as allowing people to link into charity events and initiatives we run. All profit goes to

furthering the objectives of Everyday Champions. We have been able to connect people through the café to help and

support they have needed, and have been able to help people return to work, and to gain skills.


Café Connect has continued to hold its 5 star rating from environmental health.


The café has successfully served all conferences and events, including multiple events running simultaneously as well as

individual events of 400 people.


The café again participated in MacMillan's Biggest Coffee Morning raising funds for the Macmillan charity. Café

Connect is a great resource for counselling and meetings for people in the third sector. We are keen for this to develop

and in the next year plan to invest significantly in the link between the café and signposting the community to relevant

services, as well as extending the café provision to our other locations.


We wholly own Everyday Champions Conferences. The conference centre, is operated within a wholly owned trading

subsidiary, Everyday Champions (Conference) Limited.



Everyday Champions Centre


Report of the Trustees

for the Year Ended 31 March 2018


ACHIEVEMENT AND PERFORMANCE

Charitable activities

The conference business has continued to serve existing customers and new customers which include businesses, local

government, education and the third sector.


This business provides a quality value for money service, where we have been able to serve our customers well and at

the same time to invest in our community. We have been privileged to host local schools, both for education board

appeals, to teacher training, to school performances. We have been able to help local charities, health provisions, and

social projects facilitate their projects. All profits go to furthering the objectives of Everyday Champions.


3. Everyday Champions Operations


Management


In the previous financial year we moved our head office to Greenwich, which has this year become an effective base for

the organisation to grow.


We continue to employ a company providing business service support, with expertise in employment law and health and

safety. This maintains standards and consistency, and provides a resource for all managers to access master documents,

up to date policies and procedures, and guidance documents.


We outsourced our book keeping, payroll, and financial reporting. We believe this will improve our current competency,

our quarterly reporting, and our future strategy.


We recruited a person who manages and develops our influence in the areas of social media and the internet, which has

helped us to further all of our objectives. They are also responsible for design and marketing.


Safeguarding


All new volunteers have had DBS checks where relevant, all existing volunteers have current DBS checks where

relevant. All recruiters we purchased online safeguarding training for all relevant staff and volunteers


We have successfully addressed several serious safeguarding concerns.


We still employ CCPAS as our advisory service in the area of safeguarding.


Training and volunteering opportunities


We continue to have people regularly volunteering in the running of the Centres in necessary roles, i.e., conference

support, café staff, admin support. We continue to provide supervision, personal coaching, training, to enable them to

volunteer and to develop in their skills and experience.


We again have several apprentices in Little Champs Nursery, and have transitioned our previous apprentices into full

time employee roles at the nursery.


We have accommodated people of all ages completing work experience in a variety of areas within the organisation.


Volunteer workers.

This year the Greenwich community and head office have benefited from two volunteer workers. We have been able to

provide training and opportunities for these volunteer workers to gain skills and experience, we have provided

accommodation and 'travel to work' expenses as part of the agreement, and in return we have benefited from the time,

efforts, input and previous experience that the volunteer workers have invested over the past year. We have seen

significant development in the areas they have focused on.



Everyday Champions Centre


Report of the Trustees

for the Year Ended 31 March 2018


FINANCIAL REVIEW

Financial position

Everyday Champion Centre in the year to 31 March 2018 had unrestricted net surplus of £146,206 before transfers.  The

charity's unrestricted reserves position has increased to £1,167,641, of which reserves relating to tangible fixed assets

are £744,200 and long term debtors are £323,940. This reserves position is discussed further in the Reserves Policy

section below.


Reserves policy

Everyday Champions Centre is currently dependent on grants and donations to sustain its activities, as earned income
alone would not allow the charity to continue operating.

To avoid closure if funding difficulties were to arise, the trustees have agreed to keep a certain level of financial reserves
to ensure that main operations can continue for a period.

The main concerns of the trustees are to ensure:
-that staff can continue working, primarily to secure new funding
-that users are supported to move on to other facilities and services if this proves to be necessary.

Excluding tangible fixed assets, whose disposal would adversely impact the charity's ability to deliver its aims,
associated lending and long term debtors, reserves at 31 March 2018 amounted to £99,501.

We have not reached the level of reserves we want in place, which is 25% of our annual income, we achieved just under
15%. We have plans in place to increase our reserves in the next financial year. Part of this plan is fundraising and part
of this plan is to launch new enterprise which will increase income and allow us to save more. We have an agreed
intention to invest in enterprise in the coming year, with the intention that in the longer term it will further our vision,
increase our income, and raise our level of reserves.

Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material

uncertainties exist. The trustees have considered the level of funds held and the expected level of income and

expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is

sufficient with the level of reserves for the charity to be able to continue as a going concern.


FUTURE PLANS

Over the last year we have clarified a clear plan of our steps in the next 3-5 years of how to further achieve our

objectives within our current locations. Over the last there years we have been establishing our EC communities in two

new areas, assessing the needs in the local areas, and forming strong foundations. Now we have clarity on the next stage

of building in those communities by establishing social enterprise café's, which will act as source of income, but also act

as centres for the furtherance of all our objectives by:-


- creating links between the church community and the local community,


- offering courses which will educate and resource people in how to live life well. This may include addressing life

controlling issues, through to coaching people in having better relationships.


- Offering practical help to those in need, in partnership with other local organisations


Our pop up café in Greenwich, was the first step of our future plans, we have been working to form the right vehicle to

develop this.


STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by

guarantee, as defined by the Companies Act 2006.


Charity constitution

The charity is a company limited by guarantee and a registered charity. It is operated under the rules of its Memorandum

and Articles of association dated 2 November 2006 and most recently amended 10 September 2010. It has no share

capital and the liability of each member in the event of winding-up is limited to £1.



Everyday Champions Centre


Report of the Trustees

for the Year Ended 31 March 2018


STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

We have continued to increase skill set and experience in the management of the charity at Board level. We have
recruited new trustees who have the experience we need as the organisation grows and develops into a multi-site
organisation at a significant pace.

We have employed the services of business consultants to advise us in the areas of health and safety law, and
employment law.

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.

Approved by order of the board of trustees on 21 December 2018 and signed on its behalf by:





G E Morgan - Trustee


Independent Examiner's Report to the Trustees of

Everyday Champions Centre


Independent examiner's report to the trustees of Everyday Champions Centre ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2018.


Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006   ('the 2006 Act').


Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011   ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 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  ICAEW which is one of the listed bodies


I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:


1.


accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

2.


the accounts do not accord with those records; or

3.


the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or  

4.


the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].  


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









Craig Baird, FCA

ICAEW

Willsons

Chartered Accountants

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW



21 December 2018


Everyday Champions Centre


Statement of Financial Activities

for the Year Ended 31 March 2018


31.3.18


31.3.17



Unrestricted

fund


Restricted

funds


Total

funds


Total

funds



Notes

£   


£   


£   


£   


INCOME AND ENDOWMENTS FROM


Donations and legacies

2

447,952


32,046


479,998


474,680


Charitable activities

5


Charitable activities undertaken directly

328,727


5,956


334,683


269,595



Other trading activities

3

21,798


-


21,798


42,887


Investment income

4

14


-


14


66


Total

798,491


38,002


836,493


787,228




EXPENDITURE ON


Charitable activities

6


Charitable activities undertaken directly

761,651


37,994


799,645


771,181


Total

761,651


37,994


799,645


771,181



Net gains/(losses) on investments

109,366


-


109,366


-


NET INCOME

146,206


8


146,214


16,047



Transfers between funds

21

23,224


(23,224

)

-


-



Net movement in funds

169,430


(23,216

)

146,214


16,047



RECONCILIATION OF FUNDS



Total funds brought forward

998,211


23,713


1,021,924


1,005,877



TOTAL FUNDS CARRIED FORWARD

1,167,641


497


1,168,138


1,021,924




Everyday Champions Centre


Balance Sheet

At 31 March 2018


31.3.18


31.3.17



Unrestricted

fund


Restricted

funds


Total

funds


Total

funds



Notes

£   


£   


£   


£   


FIXED ASSETS


Tangible assets

13

2,032,573


-


2,032,573


2,046,357


Investments



Investments

14

1,003


-


1,003


1,003



Investment property

15

-


-


-


1,000


2,033,576


-


2,033,576


2,048,360




CURRENT ASSETS


Debtors

16

371,679


-


371,679


374,975


Cash at bank and in hand


84,531


496


85,027


67,526


456,210


496


456,706


442,501




CREDITORS


Amounts falling due within one year

17

(455,108

)

-


(455,108

)

(121,886

)


NET CURRENT ASSETS

1,102


496


1,598


320,615



TOTAL ASSETS LESS CURRENT

LIABILITIES


2,034,678


496


2,035,174


2,368,975



CREDITORS


Amounts falling due after more than one year

18

(867,036

)

-


(867,036

)

(1,347,051

)


NET ASSETS

1,167,642


496


1,168,138


1,021,924



FUNDS

21


Unrestricted funds

1,167,642


998,211


Restricted funds

496


23,713


TOTAL FUNDS

1,168,138


1,021,924




Everyday Champions Centre


Balance Sheet - continued

At 31 March 2018


The charitable company is entitled to exemption from audit under
Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended
31 March 2018 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 charitable small companies.

The financial statements were approved by the Board of Trustees on 21 December 2018 and were signed on its behalf by:






G E Morgan -Trustee



Everyday Champions Centre


Cash Flow Statement

for the Year Ended 31 March 2018


31.3.18


31.3.17


Notes

£   


£   


Cash flows from operating activities:


Cash generated from operations


1


94,708


99,968


Interest paid


(68,795

)

(65,824

)

Net cash provided by (used in) operating

activities



25,913


34,144



Cash flows from investing activities:


Purchase of tangible fixed assets


(1,700

)

(8,977

)

Sale of fixed asset investments


109,366


-


Interest received


14


66


Net cash provided by (used in) investing activities


107,680


(8,911

)


Cash flows from financing activities:


Loan repayments in year


(116,092

)

(57,237

)

Net cash provided by (used in) financing

activities



(116,092

)

(57,237

)


Change in cash and cash equivalents in the

reporting period



17,501


(32,004

)

Cash and cash equivalents at the beginning of the

reporting period



67,526


99,530


Cash and cash equivalents at the end of the

reporting period



85,027


67,526



Everyday Champions Centre


Notes to the Cash Flow Statement

for the Year Ended 31 March 2018


1.

RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES


31.3.18


31.3.17



£   


£   



Net income for the reporting period (as per the statement of financial

activities)


146,214


16,047



Adjustments for:



Depreciation charges


15,484


19,523



Gain on investments


(109,366

)

-



Interest received


(14

)

(66

)


Interest paid


68,795


65,824



(Increase)/decrease in debtors


(8,611

)

950



Decrease in creditors


(17,794

)

(2,310

)


Net cash provided by (used in) operating activities


94,708


99,968




Everyday Champions Centre


Notes to the Financial Statements

for the Year Ended 31 March 2018


1.

ACCOUNTING POLICIES



Basis of preparing the financial statements


The financial statements of the charitable company, 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 2015)',


Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of


Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost


convention with the exception of investments which are included at market value, as modified by the revaluation


of certain assets.



Everyday Champions Centre is a company limited by guarantee in England. In the event of the charity being


wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the


registered office is given in the charity information page of these financial statements. The nature of the charity's


operations and principal activities are detailed in the trustees report.



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.



The following specific policies are applied to particular categories of income:


For donations to be recognised the charity will have been notified of the amounts and the settlement date in


writing. If there are conditions attached to the donation and this requires a level of performance before


entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those


conditions is within the control of the charity and it is probable that they will be fulfilled.



Donated facilities and donated professional services are recognised in income at their fair value when their


economic benefit is probable, it can be measured reliably and the charity has control over the item.



Income from trading activities includes income earned from rental income, fundraising events and trading


activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order


to raise funds and is recognised when entitlement has occurred.



The charity receives government grants in respect of operation requirements. Income from government and other


grants are recognised at fair value when the charity has entitlement after any performance conditions have been


met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not


met then these amounts are deferred.



Income from investments is included in the year in which it is receivable.



No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).



Everyday Champions Centre


Notes to the Financial Statements - continued

for the Year Ended 31 March 2018


1.

ACCOUNTING POLICIES - continued



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.



It is categorised under the following headings:


Costs of raising funds includes the costs associated with attracting voluntary income and the costs of


trading for fundraising purposes;



Expenditure on charitable activities includes those costs incurred by the charity in the delivery of its activities


and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those


costs of an indirect nature necessary to support them; and



Other expenditure represents those items not falling into the categories above.



Allocation and apportionment of costs

Support costs are those that assist the work of the charity but do not directly represent charitable activities and
include office costs, governance costs. They are incurred directly in support of expenditure on the objects of the
charity. Where support costs cannot be directly attributed to particular headings they have been allocated to cost
of raising funds and expenditure on charitable activities on a basis consistent with use of the resources.


Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.


Freehold property


- 2% on cost



Fixtures, fittings & equipment


- 33% on cost



Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and
accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of
operating as intended.


Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
market value is transferred to a revaluation reserve.


Related party exemption


The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102


'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party


transactions with wholly owned subsidiaries within the group.



Taxation

The charity is exempt from corporation tax on its charitable activities.


Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of
the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or
which have been raised by the charity for particular purposes. The cost of raising and administering such funds
are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the
financial statements.


Everyday Champions Centre


Notes to the Financial Statements - continued

for the Year Ended 31 March 2018


1.

ACCOUNTING POLICIES - continued



Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis
over the period of the lease.


Pension costs and other post-retirement benefits


The charitable company operates a defined contribution pension scheme.  Contributions payable to charitable


company's the pension scheme are charged to the Statement of Financial Activities in the period to which they


relate.


2.

DONATIONS AND LEGACIES



31.3.18


31.3.17



£   


£   



Offerings & collections


346,677


317,521



Donations


16,004


14,127



Gift aid


77,443


66,182



Donations - Conference


39,874


76,850



479,998


474,680



3.

OTHER TRADING ACTIVITIES



31.3.18


31.3.17



£   


£   



Use of facilities


20,635


25,535



Sundry income


1,163


17,352



21,798


42,887



4.

INVESTMENT INCOME



31.3.18


31.3.17



£   


£   



Deposit account interest


14


66



5.

INCOME FROM CHARITABLE ACTIVITIES



31.3.18


31.3.17




Activity


£   


£   



Nursery fees


Charitable activities undertaken directly


128,315


132,114



Nursery grants


Charitable activities undertaken directly


206,368


137,481



334,683


269,595



6.

CHARITABLE ACTIVITIES COSTS



Direct costs


Support costs


Totals



(See note 7)


(See note 8)




£   


£   


£   



Charitable activities undertaken directly


706,093


93,552


799,645




Everyday Champions Centre


Notes to the Financial Statements - continued

for the Year Ended 31 March 2018


7.

DIRECT COSTS OF CHARITABLE ACTIVITIES



31.3.18


31.3.17



£   


£   



Trustees' remuneration etc


46,835


38,141



Staff costs


396,001


355,497



Hire of plant and machinery


-


3,287



Rent


14,612


5,326



Telephone


10,711


12,718



Stationery and office costs


17,192


26,017



Advertising and marketing


12,481


8,434



Sundries


1,184


706



Other employment costs


1,001


249



Insurance


7,072


7,310



Rates and water


3,164


(1,032

)


Light & heat


24,846


24,235



Repairs & renewals


10,656


20,741



Cleaning & laundry


11,732


14,531



Motor and travel expenses


25,208


25,064



Subscriptions


8,167


7,550



Staff welfare & training


-


177



Purchases - food


23,389


29,364



Purchases - Nursery


26,634


15,561



Donations - I61


15,464


9,899



Venue hire


20,023


38,065



Conference fees


3,405


7,150



Gifts and donations


10,832


3,933



Depreciation


15,484


19,523



706,093


672,446


8.

SUPPORT COSTS




Finance


Information

technology


Governance

costs


Totals



£   


£   


£   


£   



Charitable activities undertaken directly


72,334


7,574


13,644


93,552




Support costs, included in the above, are as follows:



31.3.18


31.3.17




Charitable

activities

undertaken

directly


Total activities



£   


£   



Bank charges


3,539


1,923



Bad debts


-


1,004



Interest payable and similar charges


68,795


65,824



Other operating leases


7,574


13,615



Governance costs


13,644


16,369



93,552


98,735




Everyday Champions Centre


Notes to the Financial Statements - continued

for the Year Ended 31 March 2018


9.

NET INCOME/(EXPENDITURE)



Net income/(expenditure) is stated after charging/(crediting):



31.3.18


31.3.17



£   


£   



Depreciation - owned assets


15,484


19,523



Hire of plant and machinery


-


3,287



Other operating leases


22,186


18,941



10.

TRUSTEES' REMUNERATION AND BENEFITS



31.3.18


31.3.17



£   


£   



Trustees' salaries


46,835


38,141




Gross salaries paid in the year to trustees are detailed follows:


G Morgan £46,367.



G Morgan also received benefits in the form of Manse expenses paid of £Nil (2017: £7,882).



The trustee only receive remuneration and benefits in respect of services they provide undertaking the role of


pastor, and not in respect of their services as trustees.



The wife of the trustee G Morgan received a salary of £47,026.



Trustees' expenses



Charity expenses reimbursed during the year to trustees amounted to:


G Morgan (including wife's expenses) £5,902 (2017: £5,914).


11.

STAFF COSTS



31.3.18


31.3.17



£   


£   



Wages and salaries


413,419


373,292



Social security costs


25,302


19,253



Other pension costs


4,115


1,093



442,836


393,638




The average monthly number of employees during the year was as follows:



31.3.18


31.3.17



Trustee paid as Pastor


1


1



Support


32


37



33


38



No employees received emoluments in excess of £60,000.


Everyday Champions Centre


Notes to the Financial Statements - continued

for the Year Ended 31 March 2018


12.

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES




Unrestricted

fund


Restricted

funds


Total

funds



£   


£   


£   



INCOME AND ENDOWMENTS FROM



Donations and legacies

474,680


-


474,680



Charitable activities



Charitable activities undertaken directly

263,212


6,383


269,595




Other trading activities

42,887


-


42,887



Investment income

66


-


66



Total

780,845


6,383


787,228





EXPENDITURE ON



Charitable activities



Charitable activities undertaken directly

767,652


3,529


771,181



Total

767,652


3,529


771,181




NET INCOME

13,193


2,854


16,047




RECONCILIATION OF FUNDS




Total funds brought forward

985,018


20,859


1,005,877




TOTAL FUNDS CARRIED FORWARD

998,211


23,713


1,021,924




13.

TANGIBLE FIXED ASSETS



Freehold

property


Fixtures,

fittings &

equipment


Totals



£   


£   


£   



COST



At 1 April 2017


2,096,594


314,828


2,411,422



Additions


-


1,700


1,700



At 31 March 2018


2,096,594


316,528


2,413,122




DEPRECIATION



At 1 April 2017


61,773


303,292


365,065



Charge for year


8,366


7,118


15,484



At 31 March 2018


70,139


310,410


380,549




NET BOOK VALUE



At 31 March 2018


2,026,455


6,118


2,032,573



At 31 March 2017


2,034,821


11,536


2,046,357



Everyday Champions Centre


Notes to the Financial Statements - continued

for the Year Ended 31 March 2018


13.

TANGIBLE FIXED ASSETS - continued



Freehold property includes The Everyday Champions Centre at Jessop Close, Brunel Business Park, Newark.


This property was valued at £1.1m on 10 March 2015 by G S Parkinson BSC MRICS IRRV and reviewed by SA


Musson BSC FRICS.



The property has been written-down to a net book value of £1.1m in the accounts.


14.

FIXED ASSET INVESTMENTS




Shares in

group

undertakings


Unlisted

investments


Totals



£   


£   


£   



MARKET VALUE



At 1 April 2017 and 31 March 2018


3


1,000


1,003





NET BOOK VALUE



At 31 March 2018


3


1,000


1,003



At 31 March 2017


3


1,000


1,003




There were no investment assets outside the UK.



The company's investments at the balance sheet date in the share capital of companies include the following:



Café Connect of Newark Ltd


Nature of business: Café



%  



Class of share:


holding



Ordinary


100




31.3.18


31.3.17



£   


£   



Aggregate capital and reserves


(11,841

)

(26,902

)



Everyday Champions (conferences) Ltd


Nature of business: Conferences



%  



Class of share:


holding



Ordinary


100




31.3.18


31.3.17



£   


£   



Aggregate capital and reserves


5,850


1




Everyday Champions Centre


Notes to the Financial Statements - continued

for the Year Ended 31 March 2018


14.

FIXED ASSET INVESTMENTS - continued



Everyday Champions (Catering) Ltd


Nature of business: Catering



%  



Class of share:


holding



Ordinary


100




31.3.18


31.3.17



£   


£   



Aggregate capital and reserves


(1,186

)

(1,147

)


The subsidiaries are used for non-primary purpose trading activities.
The total net profit of the subsidiaries is gifted to the charity. Corporate income is treated as donations.

15.

INVESTMENT PROPERTY





£   



MARKET VALUE




At 1 April 2017


1,000



Disposals


(1,000

)


At 31 March 2018


-



NET BOOK VALUE




At 31 March 2018


-



At 31 March 2017


1,000



16.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR



31.3.18


31.3.17



£   


£   



Trade debtors


9,269


658



Amounts owed by group undertakings


38,470


50,681



Amounts owed by participating interests


323,940


323,636



371,679


374,975



17.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR



31.3.18


31.3.17



£   


£   



Bank loans and overdrafts (see note 19)


421,337


70,321



Trade creditors


5,747


9,721



Other creditors


28,024


41,844



455,108


121,886




Everyday Champions Centre


Notes to the Financial Statements - continued

for the Year Ended 31 March 2018


18.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR



31.3.18


31.3.17



£   


£   



Bank loans (see note 19)


867,036


1,347,051



19.

LOANS



An analysis of the maturity of loans is given below:



31.3.18


31.3.17



£   


£   



Amounts falling due within one year on demand:



Bank loans


421,337


70,321




Amounts falling between one and two years:



Bank loans - 1-2 years


55,596


424,543




Amounts falling due between two and five years:



Bank loans - 2-5 years


431,415


198,708




Amounts falling due in more than five years:



Repayable by instalments:



Bank loans more 5 yr by instal


380,025


723,800



20.

SECURED DEBTS



The following secured debts are included within creditors:



31.3.18


31.3.17



£   


£   



Bank loans


1,288,373


1,417,372




Bank loans are secured by legal charges over the freehold property of the charity and an unlimited debenture


incorporating a fixed and floating charge.


21.

MOVEMENT IN FUNDS




At 1.4.17


Net movement

in funds


Transfers

between funds


At 31.3.18



£   


£   


£   


£   



Unrestricted funds


General fund

998,211


146,207


23,224


1,167,642




Restricted funds


Deprivation grant

23,713


-


(23,224

)

489



Christmas Fund

-


7


-


7



23,713


7


(23,224

)

496




TOTAL FUNDS

1,021,924


146,214


-


1,168,138



Everyday Champions Centre


Notes to the Financial Statements - continued

for the Year Ended 31 March 2018


21.

MOVEMENT IN FUNDS - continued




Net movement in funds, included in the above are as follows:




Incoming

resources


Resources

expended


Gains and

losses


Movement in

funds



£   


£   


£   


£   



Unrestricted funds


General fund

798,491


(761,650

)

109,366


146,207




Restricted funds


Deprivation grant

5,956


(5,956

)

-


-



Impact Offering

30,785


(30,785

)

-


-



Christmas Fund

1,261


(1,254

)

-


7



38,002


(37,995

)

-


7




TOTAL FUNDS

836,493


(799,645

)

109,366


146,214





Comparatives for movement in funds




At 1.4.16


Net movement

in funds


At 31.3.17



£   


£   


£   




Unrestricted Funds


General fund

985,018


13,193


998,211




Restricted Funds


Deprivation grant

20,859


2,854


23,713




TOTAL FUNDS

1,005,877


16,047


1,021,924



Comparative net movement in funds, included in the above are as follows:




Incoming

resources


Resources

expended


Movement in

funds



£   


£   


£   



Unrestricted funds


General fund

780,845


(767,652

)

13,193




Restricted funds


Deprivation grant

6,383


(3,529

)

2,854




TOTAL FUNDS

787,228


(771,181

)

16,047




Everyday Champions Centre


Notes to the Financial Statements - continued

for the Year Ended 31 March 2018


21.

MOVEMENT IN FUNDS - continued



Deprivation grant


Grant from Northampton County Council to improve the outcomes of children in deprived areas.



Impact Offering


The Impact offering was taken towards the general development and outworking of 'the vision':


- Employing a centre manager at the Newark site who would develop incomes and improve our management of


compliance at the site;


- A media & design co-ordinator to develop our online presence and resources available online, and to allow a


refocus on developing Champions Kids provisions and resources;


- Technical equipment to facilitate all sites across the country coming together;


- Computer equipment to improve gatherings at our sites;


- An additional conference to develop our leaders and links with external church organisations;


- Developing a community café area and coaching opportunities at our Greenwich site.



Christmas fund


22.

RELATED PARTY DISCLOSURES



Everyday Champions Centre has provided a loan account to MIY (More in You), a charity with common trustees


and objectives. This loan is interest-free. At 31 March 2018 the balance owed to Everyday Champions Centre


was £323,940 (2017: £323,609). During the year MIY (More in You) received donations from Everyday


Champions Centre of £15,463  (2017: £9,899).


23.

CONTROL



The trustees control the charitable company.