REGISTERED COMPANY NUMBER: 05571316 (England and Wales) REGISTERED CHARITY NUMBER: 1111765

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2013 FOR SOLIHULL CHRISTIAN FELLOWSHIP

LDP Luckmans Victoria House 44-45 Queens Road Coventry West Midlands CV1 3EH

SOLIHULL CHRISTIAN FELLOWSHIP CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 March 2013

Page Report of the Trustees

1 to 7

Independent Examiner's Report

8

Statement of Financial Activities

9

Balance Sheet

10 to 11

Notes to the Financial Statements

12 to 17

Detailed Statement of Financial Activities

18 to 19

SOLIHULL CHRISTIAN FELLOWSHIP REPORT OF THE TRUSTEES for the year ended 31 March 2013 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 2013. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 05571316 (England and Wales) Registered Charity number 1111765 Registered office The Bridge 234 Stratford Road Shirley Solihull West Midlands B90 3AG Trustees A J D Simpkins D M Wort P E Belcher R C Wood A G Cave A Rennison D Wevill B Lees

- appointed 18.5.12

Company Secretary A G Cave Independent examiner LDP Luckmans Victoria House 44-45 Queens Road Coventry West Midlands CV1 3EH Solicitors Anthony Collins LLP 134 Edmund Street Birmingham B3 2ES 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. Recruitment and appointment of new trustees New trustees are recruited from amongst the Church membership. Trustees are selected so that they may contribute to the skills mix and balance of the Board of Trustees as a whole. The trustees are appointed in accordance with the Charitable Company's Articles of Association.

Page 1

SOLIHULL CHRISTIAN FELLOWSHIP REPORT OF THE TRUSTEES for the year ended 31 March 2013 STRUCTURE, GOVERNANCE AND MANAGEMENT Induction and training of new trustees All newly appointed trustees will be given a comprehensive induction in the general operation and financial management of the Charitable Company. All trustees are given the opportunity to undertake further training with regard to relevant activities carried out by the Charitable Company. Organisational structure In 2013 the SCF Board comprised 8 directors (trustees): Andrew Rennison Andrew Simpkins David Wort Craig Wood Ben Lees Paul Belcher Anna Cave Dee Wevill

Chairman of Board Pastor Pastor Pastor Lead Pastor Vice Chair and Director for Finance Secretary and Director for Staff Director responsible for Youth

Ben Lees was appointed a director on 18th May 2012 having been designated Lead Pastor on 25th April 2012 from Ministries Leader when he joined the church staff team in October 2010. The pastors draw on the church staff team (as well as the many volunteers in the church). The staff employed in 2012-13 were: Ben Lees Mary Price Andrea Lowndes James Sembuuze Sara Simpkins Audrey Marsh Joan Ronnie Karen Berrisford Jonathan Judson Tricia Upton

Lead Pastor (formerly designated Ministries Leader) Families and Children Worship and Events - designated Associate Pastor Youth (from 11th March 2013) "The Bridge" Administrator (until 31st July 2013) "The Bridge" Administrator (From 1st September 2013) Finance Officer Housekeeping Communications (until 31st August 2012) Kitchen

In last year's Report it was stated that "The pastors are delegating more responsibility to the Ministries Leader and the Leadership Team for the day-to-day leadership of our main areas of ministry and activity." This progressed during this financial year with Ben Lees being appointed Lead Pastor and Andrea Lowndes as Associate Pastor. Last year's Report also identified that "as the financial period ended we were advertising for a new staff member for Youth." James Douglas Sembuuze, (known as Doug) was appointed to this role as a paid staff member from 11th March 2013. Doug will also pick up the communications activity. To provide effective day to day management the Associate Pastor provides support for administration, finance and cleaning. The Lead Pastor will provide support and guidance to the Families and Children Pastor, Youth Pastor and volunteer leaders for Outreach, Healing and Mission and Prayer. Wider network The church remains stable with a membership approaching 200 adults and runs groups attended by 100 children and teenagers. It is a member of the Evangelical Alliance, Shirley Churches Together and has involvement with a number of Christian mission organisations around the world, including Open Doors, TEAR (The Evangelical Alliance Relief) Fund, and International Connections. Related parties There are generally no related parties dealt with by the charitable company. However, during the year the Board agreed to make payments totalling £200 to Mr P. Belcher in respect of caretaking duties on weekends and conferencing support. Ben Lees was employed by the charity before becoming a Director and was paid £33,600 in the last financial year under the terms of his contract.

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SOLIHULL CHRISTIAN FELLOWSHIP REPORT OF THE TRUSTEES for the year ended 31 March 2013 STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management The Directors 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. Despite the continuing difficult economic climate the charities finances remained stable. Areas that the church and Directors continue to give particular attention to in terms of risk management include: 1. Our child protection policy where we continue to update our policy documentation and train the appropriate staff and volunteers under the guidance of our Child Protection Co-ordinator 2. Health & Safety - where we have a health & safety officer to carry out and maintain a regular review of policy and actions required to ensure our premises and activities comply with good practise and legal requirements The Directors are also very mindful to satisfy its statutory obligations in relation to: 1. Data Protection - after careful review the Directors agreed that our processing of personal information, including CCTV images, was at risk of placing us outside the exemptions to the data protection registration (notification) with the Information Commissioner's Office (ICO). We have since notified the ICO of our use of personal data, paid the appropriate registration fee and achieved registration 2. As the government moves closer to regulating CCTV we are reviewing our use of CCTV and will continue to do so. OBJECTIVES AND ACTIVITIES Objectives and aims The purpose of our charitable company is the advancement of the Christian faith, and the support of those in need, especially young people, families and the elderly. The vision of the Fellowship is to see transformation in the life of the local and wider community and to communicate the message that everyone can 'belong, believe and become' in Christ. Part of this communication is our practical service in meeting specific needs in our local community. We are seeing the development of a strong, healthy and growing church family in Solihull and Shirley and we are actively supporting a number of significant aid projects around the world. In setting our objectives and planning our activities our Trustees have given careful consideration to the Charity Commission's general guidance on public benefit. The trustees have described how they have met the public benefit through their activities in the achievement and performance section below. Significant activities The Church Building Despite the economic situation faced by both the voluntary sector and charities, there has continued to be a steady number of bookings at the Bridge from both internal and external groups. The MS society now has a weekly drop in event, SoLo (Solihull Life Opportunities) continues to use the building for their 'Daylight Project' two days each week and Ksol use the building every Saturday for extra tuition and educational support. We have continued to have regular bookings from the council, the NHS and on a number of occasions have hosted celebration events for the Police, the WI and the Girl Guides as well as an annual Charity Concert put on for the community by a local Band. Volunteers The Charitable Company continues to use volunteers in virtually all its activities and wishes to thank them all for their hard work and contributions in the last year.

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SOLIHULL CHRISTIAN FELLOWSHIP REPORT OF THE TRUSTEES for the year ended 31 March 2013 ACHIEVEMENT AND PERFORMANCE Charitable activities Our regular church activities have continued to be well attended including Sunday worship and teaching, weekly home groups, the youth work and children's work, plus other activities such as men's breakfasts and various prayer groups. Areas where we benefit both church members and the wider community include: - A weekly club for over 50s - Pass it on and Bridging the GAP - A support group for Mum's - NHS sponsored 'breastfeeding cafe' occurs weekly and recently won an award - A Stay & Play group twice a week for parents and carers with small children - MS Society - meeting twice per month - Hosting two support groups for children with Asperger's syndrome - Daytime bible study groups (x2) - meeting weekly - 'Healing Well' - a weekly group that offers prayer for those struggling with health and life issues - 'Love, acceptance & healing' - now a weekly meeting for encouragement and prayer - U: night - A weekly youth activity focused on fitness, fun and games - B90 Event - A monthly youth event that includes a comedy club, drama and games. Families and Children's Work In 2012 there was great excitement with the Queens Jubilee and the Olympics happening in the summer months. We worked with the local council to host a Royal Jubilee Street Party in the adjoining Shirley Park but the weather meant this community event was held in the charity's building, The Bridge, with the Lord Mayor and his wife enjoying making pom-poms and having a Union Jack Tattoo! We used the Royal Jubilee celebration in "Messy Church" to honour and understand why we pray for Queen Elizabeth 2. "Messy Church" is an event for the whole family centred round the values of: hospitality; creativity; celebration; all-age; and Christ centred. We timetable our Messy Church to meet on the last Friday of each half term during 2012 to create a regular place where we can invite the families of people we have been building relationships with during each week's ministry. We meet Friday evenings 5.30pm-7.30pm as this is a time we are already meeting at LINK. This event is a way of building relationships with the children's wider family and helps them experience the Christian faith. Our themes last year were Messy Baptism, Messy Communion, The Royal Jubilee, Going for Gold, Trick or Truth, Friends and Family. Numbers attending vary between 65 and 134. Each Messy includes an hour of creative activities all linked to the theme involving crafts, storytelling, games and refreshments. This leads into a celebration with a variety of medium; songs, puppets, illusions, short word and prayer, followed by a sit down meal, prizes and a take home menu with suggestions for the family to do and talk about. We now have a core team of volunteers who plan and prepare with volunteers joining in to serve and build relationships with those attending. Messy has several families attending who do not attend a church gathering but have connected with us through Stay N Play, Pass It On, LINK and JUMP. "STOP Puppets" continue to a highlight at Messy Church bringing a smile to many faces as they perform. "Bridging The Gap" a place for women to encourage women and two have developed to the point of taking responsibilities within the Families and Children's Ministry. The "Breastfeeding Cafe" is fulfilling a need identified after contacting the local NHS and has achieved the Stage 3 UNICEF Baby Friendly Award. The Bridge hosted the NHS Breastfeeding Peer Support Workers Training, which is a 6 week course and 13 women were successful. A Christmas Curry Night saw Bridging the Gap, Breastfeeding Cafe and Pass-It- On coming together for a wonderful time. Our Sunday mornings activities are supported by a wonderful team of volunteers with increased number of children, particularly younger children in the birth to 3 year olds. Our annual Sunday outing this year was to Drayton Manor adventure park was well attended with many families outside of the church. We have a thriving mid-week programme:

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SOLIHULL CHRISTIAN FELLOWSHIP REPORT OF THE TRUSTEES for the year ended 31 March 2013 ACHIEVEMENT AND PERFORMANCE Charitable activities LINK- we had some great times with the 7-11's our 1st ever sleepover at The Bridge and a Triathlon held at Tudor Grange Pool and track in June raising £519 for The Champions School in Eldoret, Kenya. Bring Your Dad Camping provided a great time of relationship strengthening with a child saying it was the best time they had ever had- putting up tents, blowing up beds, building bonfires, staying up late, running through woods, making kites and firing pelts. JUMP is our 3-7's mid week teatime club. We have some wonderful youth who serve in this group and the children have great fun with them playing and learning together. It is a privilege to see the children grow and change. We serve the Shirley Heath School with the Parachute Lunchtime Club each Monday and Craft Lunchtime Club alternate Tuesdays. Our staff member Mary Price continues to run SEAL (Social, Emotional, Assisted Learning) each Monday afternoon, helping children with Friendship issues. Many of the children needing support have challenging home lives. Pass It On continues to do as it says, women passing on skills to one another. A Saturday morning craft time linked with the 18-30's women group, this was well attended providing an opportunity to invite family, friends and neighbours to The Bridge to share and demonstrate their different talents. This all age event was enjoyed by all and highlighted the energy, unity and communication needed to bring an event together. X-stream Schools Work Our strong relationship with Light Hall School continues with the team leading PSHE lessons with years 9, 10 and 11 during the academic year. Across all the schools in which we lead lessons we had contact with 2,200 pupils. One to one and group mentoring work continued at Light Hall and Arden schools with around 100 pupils receiving one to one support and others supported through small group courses. We continue to work closely with statutory bodies to support young people. Our schools ministry is increasingly providing a bridge between pupils and The Bridge. The team is small but committed to supporting the needs of young people in our local community and we remain very grateful for their hard work. Youth Work The relationships we have been developing within the youth work have continued to grow over the last twelve months. The structure we put in place enabled us to disciple our church based youth while also reach out to those from a non-churched background in the schools and the local areas. However, very early on the in the year we recognised the need to employ a youth pastor in order to continue to build upon the foundations that had already been laid down. During April to June we advertised the position and interviewed 5 of the 6 applicants we finally offered the role to a James Douglas Sembuuze (known and Doug) a Ugandan national upon condition of his spouses visa being granted following his marriage to a UK national. As both Doug and his wife Becky were local to the area they joined the church and started to support what we did as volunteers. Douglas' visa was granted in March 2013 and he has now started employment with us. During the year the youth activities continued to be developed including 'blackout' events that showed support for people from other countries being victimised for their beliefs raised a lot of interest and support. We continue to take a good sized group of young people away to Soul Survivor each year which is a Christian camp where more than 13,000 young people attend to experience God. We also develop a quarterly youth services where our young people get involved in running a Christian meeting where they part take in live music, greeting people at the door and speaking. As well as a monthly Saturday hang out time that brings young people in from diverse backgrounds. Both the Wednesday discipleship group and the Friday night fun event have developed well with numbers growing. The team of youth leaders has also been strengthened with additional people joining the team. Twice monthly meetings are held to plan for events and to train and equip the leaders.

Page 5

SOLIHULL CHRISTIAN FELLOWSHIP REPORT OF THE TRUSTEES for the year ended 31 March 2013 ACHIEVEMENT AND PERFORMANCE Charitable activities

Overseas Work The Overseas Mission Team continues to supervises church led mission trips and advise members of the church when anyone is wishing to travel abroad. In the last year there have been two church organised trips, one to India and one to Guyana. Other trips have also been undertaken by church members to Cuba, Gibraltar, Morocco, Uganda, Asia and South Africa. The charity continues to give financial support to Kampala Children's Centre in Uganda and Full Gospel Church in Guyana. During this last year a special offering was taken for India which paid for a bible conference and a one-off gift was given for humanitarian aid to Syria through one of our charitable partners Open Door. Monies were also given to victims in the Philippines who suffered in the Tornado that caused substantial damage in that country. Supporting Other Charitable Work We continue to support financially: - The 'East and West' ministry, which grew out of our church a few years ago to work amongst British Asians. - The Family Support Centre Shirley, a joint local church project, which provides a range of counselling services for the local community. - A schools project in Nigeria, and child sponsorship in Africa, India and the Philippines. Our major fund raising at Christmas was to support two charities: - This Way Up - supporting local children who have experience loss through the death or family breakdown was sent £2,339. - Open Doors - supporting the needs of those suffering in the conflict in Syria was sent £2,374 We are also active members of Shirley Churches Together which run a number of inter church and community events. Our policy on room lettings and conferencing is to prioritise accommodating local community group and offering discretionary reduced rates where appropriate. Such regular bookings include: - MS Society - encouraging social engagement with others - Daylight Project - teaching life skills to mentally handicapped young people Internal and external factors There are no additional factors other than recorded elsewhere in the Trustees report.

Page 6

SOLIHULL CHRISTIAN FELLOWSHIP REPORT OF THE TRUSTEES for the year ended 31 March 2013 FINANCIAL REVIEW Reserves policy Total charity income for the year was £226,674 and the total expended was £218,945 and hence movement in funds of £7,729. We ended the year with cash at bank of £69,519. This is approximately equivalent to four months expenditure, we consider this is a reasonable level of working capital and reserves. This is because we have recognised the income from the Youth Missions Trip to KCC as it has been received, but the expenditure has been incurred in April 2012. Our reserves policy is to have the equivalent of at least two month's average expenditure in unrestricted free reserves. Given that most of the church's income comes by way of regular monthly giving such a level of reserves has always proved adequate. We also ensured that we had sufficient funds to meet commitments arising from the building. As a consequence of increased staffing levels at the end of the year (when HM Border Agency permitted the charity to offer Douglas a paid position) the charity anticipates a deficit of £28,000 in each of the next two years unless income from regular donations is increased. To address this issue a letter was sent in March to all church members advising them of the need with a response form to return to indicate by specific amounts the ability to: increase monthly giving; make a lump sum gift, and to be included in considerations for a legacy. These responses are due to be returned by end April 2013. It is anticipated that current reserves will be required, in part, to support the projected future deficit until income matches expenditure to restore the charities finances to long term stability and sustainability. Progress will be monitored closely with detailed quarterly reviews at Directors Meetings. Detailed planning and preparation time has been invested in developing a "Catalyst Programme" to offer an internship to a number of students that would provide a development opportunity for the candidates with "Institute of Leadership and Management" accreditation and provide additional resources to the church in achieving it's charitable objectives. A decision on whether this is viable for the September 2013 - July 2014 academic year will be taken in May 2013 with due regard to both the impact on the charities finances and the quality of the applicants. Principal funding sources The principal ongoing funding is provided by way of donations from members of the church. ON BEHALF OF THE BOARD :

P E Belcher - Trustee

25 June 2013

Page 7

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOLIHULL CHRISTIAN FELLOWSHIP I report on the accounts for the year ended 31 March 2013 set out on pages nine to seventeen. Respective responsibilities of trustees and examiner The charity's trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity's 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 required. 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 the 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 statements 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 and 387 of the Companies Act 2006; and to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 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.

M D Spafford FCCA LDP Luckmans Victoria House 44-45 Queens Road Coventry West Midlands CV1 3EH

1 July 2013

Page 8

SOLIHULL CHRISTIAN FELLOWSHIP STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the year ended 31 March 2013 Period 1.1.11 to 31.3.12 Total funds £

Unrestricted funds Notes £

Restricted funds £

Year Ended 31.3.13 Total funds £

189,101 123

-

189,101 123

270,208 52

34,239 -

3,211

34,239 3,211

38,027 6,118

223,463

3,211

226,674

314,405

25,811 113,256 37,739 37,623 734 2,340

325 1,117 -

25,811 113,256 38,064 37,623 734 1,117 2,340

39,907 129,210 53,810 44,029 1,209 7,925 2,410

217,503

1,442

218,945

278,500

5,960

1,769

7,729

35,905

Total funds brought forward

1,422,891

169,296

1,592,187

1,556,282

TOTAL FUNDS CARRIED FORWARD

1,428,851

171,065

1,599,916

1,592,187

INCOMING RESOURCES Incoming resources from generated funds Voluntary income Investment income Incoming resources from charitable activities General X-Stream

2

Total incoming resources

RESOURCES EXPENDED Charitable activities General Church Youth groups Children and families Evangelism X-Stream Governance costs

3

5

Total resources expended

NET INCOMING RESOURCES RECONCILIATION OF FUNDS

The notes form part of these financial statements Page 9

SOLIHULL CHRISTIAN FELLOWSHIP BALANCE SHEET At 31 March 2013

Restricted funds £

2013 Total funds £

2012 Total funds £

1,638,465

167,408

1,805,873

1,810,674

8,772 66,822

960 2,697

9,732 69,519

11,083 72,181

75,594

3,657

79,251

83,264

(21,846)

(23,320)

Unrestricted funds Notes £ FIXED ASSETS Tangible assets

9

CURRENT ASSETS Debtors Cash at bank and in hand

10

CREDITORS Amounts falling due within one year

11

NET CURRENT ASSETS

TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 12

NET ASSETS

FUNDS Unrestricted funds Restricted funds

(21,846)

-

53,748

3,657

57,405

59,944

1,692,213

171,065

1,863,278

1,870,618

(263,362)

1,428,851

-

171,065

(263,362)

(278,431)

1,599,916

1,592,187

1,428,851 171,065

1,422,891 169,296

1,599,916

1,592,187

14

TOTAL FUNDS

The notes form part of these financial statements Page 10

continued...

SOLIHULL CHRISTIAN FELLOWSHIP BALANCE SHEET - CONTINUED At 31 March 2013 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2013. The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 March 2013 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 25 June 2013 and were signed on its behalf by:

P E Belcher -Trustee

A Rennison -Trustee

The notes form part of these financial statements Page 11

SOLIHULL CHRISTIAN FELLOWSHIP notes to the financial statements for the year ended 31 March 2013 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. Incoming resources from charitable activities relates to specific services and projects provided by the charitable company for which either a grant or contracted payment is obtained. As part of the charitable company's community support work, room hire income for community and local council groups to meet at The Bridge is included in Incoming resources from charitable activities, net of the direct costs of providing catering for these activities. 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. Irrecoverable VAT is recognised as part of the expenditure as attributed. Charitable activities The charitable company operates six main activities. These are Church, Youth, Children, Evangelism, X-Stream and general activities. Church activities relate to Sunday worship and related teachings and home groups. Youth activities relate to activities run specifically for young people between 11 and 18. Childrens and families activities is for children up to 11 and for their families attending organised groups. Evangelism is the charitable company's outreach activity in the local community to work towards the objective of the advancement of the Christian faith. X-Stream activities are usually Youth activities that are specifically grant funded activities or contracted work in the local community. General activities covers the remainder of the charitable company's work. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings

- 33% straight line and 20% on reducing balance

The freehold property of the charity is being accounted for using a policy of revaluation. In this respect, the trustees have determined that the annual depreciation charge under this policy is immaterial based on the current estimated residual value of the property at the balance sheet date. 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. Designated funds are recognised where the trustees have identified a specific purpose for funds, and these are shown separately within unrestricted funds. 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.

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SOLIHULL CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS - CONTINUED for the year ended 31 March 2013 1.

ACCOUNTING POLICIES - continued Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable are charged to the Statement of Financial Activities in the period to which they relate. Hire purchase and leasing commitments Rentals payable under operating lease commitments are charged to the Statement of Financial Activities as incurred.

2.

INVESTMENT INCOME

Year Ended 31.3.13 £ 123

Deposit account interest

3.

CHARITABLE ACTIVITIES COSTS

£ 19,407 78,070 28,145 22,519 734 1,117

Support costs (See note 4) £ 6,404 35,186 9,919 15,104 -

£ 25,811 113,256 38,064 37,623 734 1,117

149,992

66,613

216,605

Direct costs

General Church Youth groups Children and families Evangelism X-Stream

4.

Period 1.1.11 to 31.3.12 £ 52

Totals

SUPPORT COSTS Other £ 6,404 35,186 9,919 15,104

General Church Youth groups Children and families

66,613

5.

GOVERNANCE COSTS

Year Ended 31.3.13 £ 2,340

Accountancy

Page 13

Period 1.1.11 to 31.3.12 £ 2,410

SOLIHULL CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS - CONTINUED for the year ended 31 March 2013 6.

NET INCOMING/(OUTGOING) RESOURCES Net resources are stated after charging/(crediting):

Depreciation - owned assets

7.

Year Ended 31.3.13 £ 4,801

Period 1.1.11 to 31.3.12 £ 8,041

Year Ended 31.3.13 £ 33,600 3,604 3,347

Period 1.1.11 to 31.3.12 £ -

40,551

-

TRUSTEES' REMUNERATION AND BENEFITS

Trustees' salaries Trustees' social security Trustees' pensions paid

Trustees' expenses During the year, the charitable company paid 1 (2012: 1) trustee £200 (2012: £550) for caretaking duties. These costs were paid in accordance with the Memorandum of Association. 8.

STAFF COSTS

Wages and salaries Social security costs Other pension costs

Year Ended 31.3.13 £ 96,995 7,030 2,301

Period 1.1.11 to 31.3.12 £ 123,035 9,119 7,702

106,326

139,856

Year Ended 31.3.13 3 3

Period 1.1.11 to 31.3.12 3 3

6

6

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

Ministry leaders Administration

No employee has been paid more than £60,000.

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SOLIHULL CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS - CONTINUED for the year ended 31 March 2013 9.

TANGIBLE FIXED ASSETS Freehold property £

Fixtures and fittings £

Totals £

1,786,647

85,809

1,872,456

DEPRECIATION At 1 April 2012 Charge for year

-

61,782 4,801

61,782 4,801

At 31 March 2013

-

66,583

66,583

NET BOOK VALUE At 31 March 2013

1,786,647

19,226

1,805,873

At 31 March 2012

1,786,647

24,027

1,810,674

2013 £ 6,098 3,634

2012 £ 7,110 3,973

9,732

11,083

2013 £ 15,654 2,313 3,879

2012 £ 15,654 1,985 5,681

21,846

23,320

2013 £ 67,177 196,185

2012 £ 67,178 211,253

263,362

278,431

196,185

211,253

COST At 1 April 2012 and 31 March 2013

10.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other debtors Prepayments

11.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Bank loans and overdrafts Social security and other taxes Accrued expenses

12.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Bank loans - 2-5 years Bank loans more 5 years

Amounts falling due in more than five years: Repayable by instalments: Bank loans more 5 years

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SOLIHULL CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS - CONTINUED for the year ended 31 March 2013 13.

SECURED DEBTS The following secured debts are included within creditors: 2013 £ 279,016

Bank loans

2012 £ 294,085

The bank loan facility is charged against the charitable company's freehold premises at 234 Stratford Road. The loan represents 15.62% (2012: 16.46%) of the net book value of the property. 14.

MOVEMENT IN FUNDS Net movement in At 1.4.12 funds £ £ Unrestricted funds General fund Fixed Assets Fund The Building Fund

Restricted funds X-Stream Big Lottery Fund Awards for All - SCF

TOTAL FUNDS

Transfers between funds £ (15,135) 15,135

At 31.3.13 £

74,035 22,294 1,326,562

10,436 (4,476) -

69,336 17,818 1,341,697

1,422,891

5,960

-

1,428,851

1,563 166,000 1,733

2,094 (325)

-

3,657 166,000 1,408

169,296

1,769

-

171,065

1,592,187

7,729

-

1,599,916

Incoming resources £

Resources expended £

Movement in funds £

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

Unrestricted funds General fund Fixed Assets Fund

Restricted funds X-Stream Awards for All - SCF

TOTAL FUNDS

Page 16

223,463 -

(213,027) (4,476)

10,436 (4,476)

223,463

(217,503)

5,960

3,211 -

(1,117) (325)

2,094 (325)

3,211

(1,442)

1,769

226,674

(218,945)

7,729

SOLIHULL CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS - CONTINUED for the year ended 31 March 2013 14.

MOVEMENT IN FUNDS - continued The general funds represent purposes.

the free funds of the charity which are not designated for specific

The Building Fund represents the property at 234 Stratford Road, less the remaining mortgage liabilities. The trustees have set up this fund to protect the value of the building being diminished. The Fixed Assets Fund has been set up by the trustees to protect the value of the fixtures and fittings and other fixed assets, excluding the freehold property. It represents the net book value of the fixed assets of the charitable company. The Big Lottery Fund grant is also towards the redevelopment of 234 Stratford Road. The capital grant towards the cost of 234 Stratford Road is subject to a legal charge and therefore the restriction remains on this element of the income. The X-Stream project is a specific division of the Solihull Christian Fellowship which deals with local Youth Projects and community funded projects, as seperate from the charities youth programme. The main income for X-Stream relates to invoiced income for running community and school projects. It also runs specific projects that are restricted funds in their own right. Awards for All is a capital grant towards the fitting out of the childrens facilities at 234 Stratford Road. The grant income will be offset by the depreciation of the equipment purchased with the grant. Transfers between funds As part of how the trustees deal with the designation of funds towards the Building Fund, funds are transferred from General Funds to enable the mortgage repayments to be made. During the year a transfers totalling £15,135 were made from General Funds to the Building Fund.

Page 17

SOLIHULL CHRISTIAN FELLOWSHIP DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2013

Year Ended 31.3.13 £

Period 1.1.11 to 31.3.12 £

49,873 139,228 -

94,006 175,202 1,000

189,101

270,208

123

52

3,211 34,239

6,118 38,027

37,450

44,145

226,674

314,405

33,600 3,604 3,347 39,286 3,096 2,301 133 21,345 715 9,799 25,778 2,187 4,801

93,130 8,502 7,702 90 182 32,357 820 11,975 24,371 8,806 7,496

149,992

195,431

2,340

2,410

24,109 330 1,708 26,147

29,905 617 2,114 32,636

INCOMING RESOURCES Voluntary income Donations Gift aided donations Grants

Investment income Deposit account interest Incoming resources from charitable activities Other X-stream income Room hire

Total incoming resources

RESOURCES EXPENDED Charitable activities Trustees' salaries Trustees' social security Trustees' pensions paid Wages Social security Pensions Advertising Sundries Gifts Accommodation Ministry Trips Activities Fixtures and fittings

Governance costs Accountancy Support costs Other Wages Social security Rates and water Carried forward

This page does not form part of the statutory financial statements Page 18

SOLIHULL CHRISTIAN FELLOWSHIP DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2013

Year Ended 31.3.13 £

Period 1.1.11 to 31.3.12 £

26,147 2,358 7,970 3,132 951 2,033 2,849 1,796 12,973 6,404

32,636 2,946 9,340 1,220 2,126 1,633 3,262 2,604 16,314 60 5 8,513

66,613

80,659

218,945

278,500

7,729

35,905

Other Brought forward Insurance Light and heat Telephone Postage and stationery Sundries Subscriptions Training & conferences Equipment repair & maintenance Bank charges Bank interest Mortgage

Total resources expended

Net income

This page does not form part of the statutory financial statements Page 19