REGISTERED COMPANY NUMBER: 02425628 (England and Wales) REGISTERED CHARITY NUMBER.. 1001599 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR GROUND LEVEL MINISTRY TEAM
GROUND LEVEL MINISTRY TEAM CONTENTS OF THE FINANCIAL STATEMENTS Page Report ol the Trustees Independent Examiner's Report statement of Flnanclal Aetlvltles Balance Sheet Cash Flow Statamènt Notes to the Cash Flow Statement 10 Notes to the Flnanclal Stalements 11 to 18
GROUND LEVEL MINISTRY TEAM REGISTERED NUMBER: 02425628 REPORT OF THE TRUSTEES The trustees who are also directors of the charity for the purposes of Ihe Companies Act 2006, present their report with the rinancial slalemenls of the charity for the year ended 31 D8cember 2023. Th8 Iruste8s have adopted the provisions of Accounting and R8POrting by Gharities.. Stalemenl of Recommended Praclice applicable lo charilles preparing their accounts in accor(Jance with Ihe Financial Reporting Slandard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES ObJe¢tlves and alms Grouwid Level'b Llidiilable objecls are.. To advance the Christsan Faith by promolSng. supporting. and encouraging the Church in the area of The Humber to the Wash and beyond by any means whatsoever including Ibul not by way of lifflitationl the preaching and proclamalion of the Christian Gospel and the teaching of Christian Doctrine and Principles along with the pastoral care of Christian people and those in leadership within the Church. Granlmaking The DireCtorsruStees receive applications for funding of specific projects frDm churches within the Ground Level Network. Applications are made lo the Executive Team. These are considered by Ihe Directorsl Trustees and the Ground Level Executive team throughout the year. Applicants for funding are required to eviden that they can meet the criteria within the grant making policy before grants are processed. The successful funding applicants are asked to report back on their progress. evidencing successful Bchicvomcnl of agrecd outcomes. Volunteers The monetary value of volunteers, tlme has not been quantified, but the DirectorslTruslees are extremely grateful for their contribution and support, especially with the launch of our new summer gathering. I'Awaken'l. in August 2023 which involved 274 volunteers Gonlribuling ovgr 6,100 hours. PUBLIC BENEFIT We have referred to the guidance contained In the Charity Commlssion's general guidance on publlc benefit and complied wlth Section 17{5) of the 2011 Charities act when reviewing our aims and objectives and in planning our future activities, In particular, the DirectorslTrustees consider how planned activities will c¢tribUte to the aims and objectives they have set. Page 1
GROUND LEVEL MINISTRY TEAM REGISTERED NUMBER: 02425628 REPORT OF THE TRUSTEES ACHIEVEMENT AND PERFORMANCE Charitable activitles In 2023 all of our 8venls were 'in-person' wilh options for online attendance enabling people to benefit who have previously been challeng8d by distance of travel. In April 2023 our 3-day leaders conference attracted 445 delegates from the UK & ovorseas Through keynote and co-lab sessions we focused on equipping leaders, teams and churches to increase their impact in the communities they operate within, and we provided specific input for emerging and younger leaders. The Ihree-yeai N¢lwvrk Leader Iran5ilivii process, from Stuart Bell lo Paul Benger, concluded at the conference. Stuart continues to have an ambassadorial role on behalf of the nelwork both in the UK and overseas. The Monthly Leaders Days have continued with nationa1 and international speakers representing significant churcheslchurch networks or related third sector organisations. The accumula1ive total attendance at these days numbered 9D8. Our quarterly Leaders National Forums days are well attended by key leaders and ernerging leaders within the Ground Level network. The focus of these gatherings has been lo equip our churches based on key needs identrfied among the Churches. Ground Level's focus on training and equipping senior church leaders. and leadership teams. allows them to better serve the peoplc within Ihcir church consliluoncy and their local community. In addition to our rogular Icadcrship training and oquipping days we had a seventh intake to our 'Leadership Engine, programme,. a bespoke leadership training course. A second year of training is also now avallabl8 for those who have cornpleted year one. In total 48 students ar8 engaged in the current programme. Our wellbeing 'Leader Care, provision enables churches to tap into a range of courses designed lo equip leadership teams in understanding more about the intersection of sound theology and research basad therapy, In addition, church leaders are able acce55 counselling to support them and resolve emotional, psychological and relationship issues. The Gruund Level 'Theology Forum, continued- where experienced leiiders galher to discuss IheologiLal tupics, their findSngs ar8 then released for the benefit of the Network in the form of wrillen publications, seminars and training opportunities. A series of successful 'Long Lunch. events have been undertaken airned al,. connecting with leaders who are often restricted by geography from joining our regular le8der events in-person, and also eng8ging with churches & leaders who are considering joining the network. The chLJrc.hes and leaders within the network continue lo be linked together vi8 re.gional 8 rel8lional 'Conneclions'. Also, we are developing Team Leader Cohorts ID bring together leaders from different aspects of church life, {Worship Leaders. Youth Ministry Leaders, Kids Ministry Leaders, Administration, Communityl Social A¢lion Leaders), for Collaboration, sharing ideas and cheering each other on. In 2023 we launched our online portal providing leadership, church management. and ministry resources. And have developed resource partnerships with key organisations including.. -stewardship - helping our churches aclivale generosity, resource their calling and make a differèn -Thirtyone.'Eight- equipping our churches with the know18dg8 and skills lo creat8 safer environm8nts for childr8n and adults at risk -Kingdom Bank - providing our churches with financial Services which $8rve them in their ministry & mission -Trusled HR - Helping our churcfvas navigate all aspects of HR A new annual galhering of tha network church8s, I'Awakan'l, on tho Lincolnshire showground ran for four days over the August bank holiday weekend 2023. This evenl was for all ages and incorporated 'Youth Revival, catering for 11-18 year-olds. The event attracled a total of 3650 delegates representing 149 churches. Keynote speakers from around the World and a wide variety of seminar tOPiCS Were available for de18gales to choos8 from focusing on Ihe slrategic objeclives of the network. We are grateful to our sponsors 'VVorld Vision, for their commitment to the avent. 'Love Christmas, is an alliance of rnulli-denominational churches across the UK that initially united as a response to the impact of the coronavirus pandemic. Ground Level has been a key partner with the initiative enabling several of its neork churches to provide over 2,000 Christmas bags of kindness. Page 2
GROUND LEVEL MINISTRY TEAM REGISTERED NUMBER: 02425628 REPORT OF THE TRUSTEES Disclosure and Barring Service - Ground Level is an umbrella organisalion that many of our churches make use of to carry out DBS checks for eligible people, working with children and vulnerable adulls. We provide this service to our chufches lo enable them to recruit the right people lo work and volunteer. FINANCIAL REVIEW Flnan¢lal posltlon The charity entered the period in a good financial position and has qualified people and systems in pla lo continually monitor the financial implications of exlemal lorGes on the organisation. Investment pollcy and objectlves There are no restriclions on Ihe charity's power to invest. However. the DireclorslTrustees do not consider it to be in line wilh the objectives of the charity to be investing funds at this time. R•3¢rvo3 policy The Directors ruslees consider the financial position of the charity to be satisfactory. The Statement of Financial Activities shows nel income for the year ended 31 December 2023 of £601.978 12022- £212,919) and nel expenditure of £494,401 {2022- £242,953) Free reserves at the year-end amount to £207,825 12022 £99,452), The DirectorslTrustees have considered the requirement fDr reserves in line with the uncertainties regarding income for the charity. In addition to six months of operating expcnditure, a provision is held for slotutory rcdundancy poymcnt8 and 8 provision for contractual obligations for thc organisalion'8 larger events. Target reserve levels for 2024 are £155,500. Of the surplus £52,325 currently held wlthln free reserves the following amounts Trustees expect to be funded by these surplus free reserves in the coming year of 2024 £20.000 to support anticipated increased costs to host Awaken 2024 £15,000 for grant funding scheme to network churches £30,000 to support increased costs In 2024 Inclusive of required Increases of staffing levels. The DirectorsiTrustees review the target and actual level of reserves quarterly. FUTURE PLANS The Leadership days and conferences will continue with an 8mphasis on building strong, healthy churches that ar8 of ben8fil to their local areas. The online portal for leaders and churches will continue to be developed, providing leadership, church management and ministry resources. Team Leader Cohorts will conlinue to be developed and expanded The network will continue to expand its seri88 of car8 and d8v81opm8nt mechanisms lo support th8 wellbeing of Church leaders giving them access to counselling and coaching through relalionships with Irusled partners. The new annual galhering of the network churches, ('Aw8ken'l, on the Lincolnshire showground will continue to be developed for Augusl 2024. Ground Lev81 has sev8ral strong ov8rseas connections including the 'One Focus, n8lwork in the USA, the 02 Network also in the USA the 'Christian N8twork' in Soulh Africa and churches in Spain. Ground Level will continue developing th8se connections. Work will continue in partnership with some significant UK organisalions under the umbrella of 'Partners for Influence, IPFII. These links giv& added value and mutual davelopmenl as Ihe organisations share the same goals bul work these out in diffèrent conlaxts. Tha UK PFI consliluency would represent a largg number of Church8s within tha nation and Ground Lev81 sees its role as facililating the galhering of this strategic body. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document Tha charity is consliluled as a company limited by guarantee and is Ih8r8fore governad by a Memorandum 8nd Articles of A$sclatiOn. It is also known as the Ground Level Network. Re¢rultmenl and appolntmenl of new trustees Ground Level seeks the appointment of new DirectOrsrUstees from churches within the Ground Level network. It seeks to identify those considered suitable to provide a balance of skills and strengths. Page 3
GROUND LEVEL MINISTRY TEAM REGISTERED NUMBER: 02425628 REPORT OF THE TRUSTEES STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure The charity is managed by the DirectorslTrustees who hav8 ultimat8 control over the management and operations of the Charity, including Ihe admlnistrallon and management of the Charily's funds and assets. The Directorstrrustees accompanied by the Execulive team meet regularly throughout the year and have responsibility of ensuring the day-to-day activities of the Charity are adequately managed by the Operations staff. The 'Ground Level Team. has been set in place and operate with delegated authority lo develop v5sion and oversee the stralegl development of key areas of activity. This team is accountable lo Ihe Directors and a number of Ihe Directors are included in the GL team. The Operations staff have the responsibility of implementing the DirectorlExecutlV8 team's directives and are in regular Gommunication with the network leader and chair. Induction and training of now trust88S On appointment, new DireclorslTrustees meet with the Operalions Manager & Chair who acquaint them with their job description and responsibilities 88 DireclorslTrustees, Risk management The Director51Tru5tee5 have a duty lo idenlify and review the risks to which the charity is exwsed and to 8nsur8 appropriat8 controls are in place lo provide reasonable assurance against fraud and error. The DirectorsiTrustees have updated thg risk managament stratggy which inoludes.. an annual reviaw of Ihg principal risks and uncertainties that the charity faces., the review of current policies. systems and procedures to mitigate those risks identified in the annual r8view', and the implementation of procedures designed lo minimise or manage any potential impact on the charity should those risks materiallse. This work has identified that financial suslainabilily remains 8 major risk that the charity faee5. A key element in the management of financial risk is a regular review of available funds lo settle debts as they fall due and active management of trade debtors and creditors balances to ensure sufficient working cspilal by the charity, The review of financial controls in relation lo internal security also forms part of the financial risk management. Attention has also been focused on non-financial risks arising from fir8, health and safety of staff, and event delegates. These risks are managed by ensuring in-dale accreéitation,. adequate insurance and robust policies and procedures are in place and regular awareness training for staff working in these operational areas. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 02425628 (England and Wales) Reglstered Charlty number 1001599 Registered office 22 Ngwland LINCOLN LN11XD Truslees P. Atkins Iresigngd 13.6.23) D. Jones N. Collins M. R. l. Hopkins R. C. A. Tucker C. L. Bell (appointed 26.1.23} Independenl Examlner C M Tams F.C.A Smeihurst & Co LLP 12 Abbey Road GRIMSBY DN32 OHL Page 4
GROUND LEVEL MINISTRY TEAM REGISTERED NUMBER: 02425628 REPORT OF THE TRUSTEES REFERENCE AND ADMINISTRATNE DETAILS Bankers Virgin Money 124 High Street SCUNTHORPE DN15 6ES Sollcltors Lawson Lewis Blakers 11 Hyde Gardens Eastbourne East Sussex 8N214PP Senior Staff P. Benger J. Gibson This report has been prepared in 8ccordance with the speaBI provi8ion8 of Part 15 of the Companie3 Act 2006 relating to Small companies. Approved by order of the board of trustees on 11 June 2024 and signed on its behalf by.. D. Jones - Trustee Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GR 628 Independent examlner's report to the trustees of Ground Level Mlnlstry Team ('the Company.) I report lo the charity trusteas on my axamination of tha accounls of the Company for tha y8ar ended 31 December 2023. Responsibilitles and basls of report As the charity's trustees of the Company land also its directors for the purposes of company law) you are responsible for Ihe preparalion of the accounls In accordance wllh the requlrements of Ihe Companies Acl 20061.lhe 2006 Acl'l- Having satisfied mysell that the accounts of the Company are not required to be audited under Part 16 of the 2006 Acl 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 {Yhe 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under Seclion 145{5) (b} of the 2011 Act. Indopendent examiner's statoment Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualilied to undertake the examination because l am a member of the Institute of Chartered Accountsnls in England and Wales, which is one of the listed bodies. I have completed my eKamination. I confim that no matters have come lo my attention Sn connection with the examination giving me cause to believe: Bccounting records were not kept in respect of the Company a8 required by Section 386 of the 2006 Act,, or the accounts do not accord with those records: or the accounts do not cornply with the accounting requirements of Section 396 01 the 2006 Act other than any requirement that the accounts give a Irue and fair view which is not a matter considered as part of an independent examination., or the accounts have not been prepared in accordance with the methods and principles of the Slalement of Recommended Practice for acGounting and raporting by charities {applicable to chariti?$ praparing their accounts in aGcordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021). I hiive no concerns dnd have come across no other miglters in cunnection with the examination to which attention Suld be drawn in this report in order to enable a proper understanding of the accounts to be reached. C M T8ms F.C.A Smelhursl & Co LLP 12 Abbey Road GRIMSBY DN32 OHL 11 June 2024 Page 6
GROUND LEVEL MINISTRY TEAM STATEMENT OF FINANCIAL ACTIVITIES 23 31.12.23 Total funds 31.12.22 Total funds Unreslrictod fvnds Restricted funds Notes INCOME AND ENDOVIMENTS FROM Donations and legacies 245.204 245.204 146,477 Charitable activities Awaken Event Corilerencing General 265,828 75,198 6,898 265,828 75,198 14,898 28 58,170 7,962 8,000 Investment incom8 Total 850 593,978 850 601,978 282 212,919 8,000 EXPENDITURE ON Charltable actlvltles Awaken Ev&nl Conferencing General Total 251.390 74.419 160.fJ92 486.401 251,390 74,41g 188,fJ92 494,401 8,887 63,922 170,144 242.953 8,000 NET INCOMEI(EXPENDITURE) 107.577 107,577 130,0341 RECONCILIATION OF FUNDS Tolal funds brought fOard 101,071 101,071 131,105 TOTAL FUNDS CARRIED FORWARD 208.648 208 848 101071 coTrTriNUING OPERATIONS All income and expenditure has arisen from continuing activities. The notes form part of these financial statements Page 7
GROUND LEVEL MINISTRY TEAM REGISTERED NUMBER: 02425628 BALANCE SHEET 31.12.23 Total funds 31.12.22 Total funds Unreslrictod fvnds Restricted funds Notes FIXED ASSETS Tangible assets 13 823 823 1,619 CURRENT ASSETS Stocks Debtors Cash al bank and in hand 14 15 4,941 34,642 295,109 334,692 4,941 34.642 295,109 334,692 5,371 25,252 145036 175,659 CREDITORS Amounts falling due within one year 16 {126,867> (12e.867) 176,2071 NET CURRENT ASSETS 207,825 207,825 99,452 TOTAL ASSETS LESS CURRENT LIABILITIES 208.648 208,648 101,071 NET ASSETS FUNDS Unrestricted funds TOTAL FUNDS 208 648 101071 18 208,648 208 648 101,071 101071 The charitable company is enlitlèd lo exemption from audit under Seclion 477 of the Companies Act 2006 for the year ènded 31 D8cembar 2023. The members have nol requlred the company to oblaln an audlt of Its ffnanclal statements for the year endwj 31 D8cember 2023 In a¢cordan¢e with Se¢llon 476 of the Companles Act 2006. The Iruslees acknowledge their responsibilities for la) ensuring that Ihe charllable company keeps accounllng record5 Ihat comply wlth Sectlons 386 and 387 of the Companles A¢t 2CY)6 and preparing financial statements which glve a true and falr vSew of the stale of affalrs of the charltsble Company as at the end of each financial year and of ils surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requiremenls of the Companies Act 2006 relating lo financial statements, so far as applicable lo the ¢harilable company. Ib) These fSnancS81 statements have been prepared in a¢¢ordan¢e with the provislons applScable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and aulhorised for issue on 11 June 2024 and were signed on its behalf by= D. Jones - Trustee The notes form part of these financial statements Page 8
GROUND LEVEL MINISTRY TEAM CASH FLOW STATEMENT 31,12.23 31.12.22 Notes Cash flows from operatlng actlvltles Cash generated from operations Tax paid Net cash provided by operating activities 147,566 2,507 150 073 4,908 735 Cash f lows from Invostlng a¢tlvltles Sal8 of langlblo fixed ass&ts Nel cash provided by invesling activities 600 600 Change In cash and cash equlvalenls In the reporting period Cash and cash equlvalents at the beginning of the reporting period Cash and cash equivalents at the and ol the reportlng perlod 150,073 6,243 145,036 138.793 295,109 145.036 The notes form part of these financial statements Page 9
GROUND LEVEL MINISTRY TEAM NOTES TO THE CASH FLOW STATEMENT RECONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.12.23 31.12.22 Net Incomel(expendlture) for the reportlng perlod las per the Slatement of Financial Activities) Adjustments for: Depreciation charges Decrease in stocks Increase In debtors Increase in creditors Net cash provlded by operatlons 107,577 130.034) 796 430 (11,8971 50,660 147 566 1.992 2.815 (9,6641 3g.799 ANALYSIS OF CHANGES IN NET FUNDS At1.1.23 Cash flow At31.12.23 Net cash Cabh ai bank and in hand 145036 145,036 145036 150073 150.D73 150 073 295 109 295 109 295 109 Total The notes form part of these financial statements Page 10
GROUND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS ACCOUNTING POLICIES Basls of preparlng the Ilnanclal statements The financial slat8ments of the charitable Company, whlch Is a publlc b8nefit enlity under FRS 102, have been prepared In accordance wilh the Charities SORP {FRS 1021 'Accounting and Reporting by Charities.. Stalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 2019),. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial stalernents have been prepared under the hislorical cost convention. Incom8 All income is recognised in the Statement of Financial Activities once the charity has entitlement lo the funds, it is probable that the income will be received and the amount can be measured reliably. Income is deferred only when the charity has lo fulfil wnditions before it becomes entilled lo it or where the dongr has specified that income is lo be expended in a fulure year. The method used to measure the stage of completion of a service is the physical proportion of work completed. Expenditure Liabilities are recogni5ed as expenditure as 500n as there is a legal or constructive obligalion committing the charity lo that expenditure, il is probable that a transfer of economic benefits will be required in settlement and the amount of the obligalion can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headingE that aggregate all cost related lo the Galegory. Wh9re oosts cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grdnt5 payable are included when approved by the DirectorsiTrustees and paid out. Grants authorised but unpaSd, wher8 there is no enforceable obligation lo pay, are not accrued. Tangible fixed assets Depreciation 15 provided al the following annusl rates in order lo write off each 8sset over ils estimated useful life. Plant and machinery 250/0 Reducing Balance Only Fixed Assets costing in excess of £500 are capilalised. Stocks This is consislenlly valued. using the firsl in first out basis. al the lower of cost or net realisable value. Taxation The charity is exempl from corporation lax on ils charitable activities, Irrecoverable VAT is charged to th& Slalem8nt Of Financial Activities in the p8riod lo which il r81al8S. Fund accountlng All funds received as income are unreslricied in their nature. and are atlribulable to the principal activities of the charity. Dasignated funds are determined by the Trustees. Penslon costs and olher post-retlremenl beneflts The charitable company operates defined contribution pension schemes. Contributions payable to the charitable company's pension schemes are charged to the Slalemenl of Financial Activilies in the period to which Ihey relate. Donated good8 and servlces SerVIs provided by volunteers are not quantified in the accounls however they are explained as part of the Trustees report. Operatlng leases Rentals under operating leases are charged lo the Statement Of Financial Activities in the period to which they relate. Page11
GROUND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS - Conllnued DONATIONS AND LEGACIES 31.12.23 31.12.22 Donations ONEIAwaken Offerings Conference Offerings 125.949 107,225 12,030 245 204 120,487 18.714 146477 INVESTMENT INCOME 31.12.23 31.12.22 Inv8stment Income 850 282 INCOME FROM CHARITABLE ACTIVITIES 31.12.23 Total acliviti8S 31.12.22 Total aclivities Awakon Event Confer8ncing G8n8ral Tralnlng Fees BookingslDay Gale Receipts CateringlTrade Stands Grants Media Miscellaneous 74,915 5,134 80,049 58,237 228,493 29,554 228,493 29,554 8,000 9,340 488 355 924 8.000 1.453 311 14 898 5.621 2.169 133 66 160 7.604 177 265 828 283 75.198 Grants received. Included In the above, are as follows.. 31.12.23 31.12.22 Church Revilali88tion Trust {Love Christmas} CHARITABLE ACTIVITIES COSTS Granl funding of activities (see note 61 Support costs Isee note 71 Direct Costs Totals Awaken Event Conferencing General 251.390 74,419 141,057 466 866 251,390 74,419 168 592 12000 15,535 Page 12
GROUND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS - Conllnued GRANTS PAYABLE 31.12.23 31.12.22 General The total grants paid to institutions during the year was as follows.. 31.12.23 31.12.22 Ikon Church Allva Group New Life Sleaford Spring Church Caistor Market Rasen New Life Life Church Homcaslle Hope House Chuich Mosaic Church Oaks Community Church Spa View Cornmunity ChLArch Beverley Community Church Elemal Denefils The Future of Everything Network Asociacionde Ayuda Social Palabras de Poder Count Everyone In 200 1,869 3,840 336 480 125 350 1,800 4,000 526 50 150 530 soo 150 175 500 300 320 480 1.DDO 2,2C)O 800 SUPPORT COSTS Governance costs Other Totals General NET INCOMEIIEXPENDITURE) Net In¢omellexpenditurel 1$ stated after ¢har9Sngl(¢redltlng)'. 31.12.23 31.12.22 Independent examiners fee Depreciation - owned assets 2,550 796 2.400 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for th8 year ended 31 December 2023 nor for the year ended 31 December 2022. Trust8es' oxpensas Th8re were no trustees, expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022. Page 13
GROUND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS - Conllnued 10. STAFF COSTS 31.12.23 31.12.22 Wages and salarles Social security costs Other pension costs 85.524 112,721 354 2,874 116489 The average monthly number of employees during ihe year was as follows.. 31.12.23 31.12.22 Charilabla Activities Admin No employees rec8ived 8moluments in @XC85s of £60,000. Durlng the year defined contrlbution pensSon costs wore pald for 4 employees {2Q22- 81. Fees inclusive of travel expenses,included in wages, were paid to connected third parties during the year of £25,206 {2022- £47,040) in relation to Team leader work and management work at ground level. Amounts were paid to key management inclusive of Employers national insurance during the year of £54,999 12022- £65,228). 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacles 146,477 146,477 Charitabl8 activities AwAken Evenl Conferencing General 28 58,170 2,341 28 58,170 7,962 5,621 Investment income Tolal 282 207,298 282 212919 EXPENDITURE ON Charltable actlvltles Awaken Event Conforgncing General Total 8,887 63,922 161463 234,272 8,887 63,922 170 144 242,953 8,681 NET INCOMEI(EXPENDITURE) (26,974} (3,0601 130,0341 RECONCILIATION OF FUNDS Total funds brought forward 128,045 3,060 131,105 TOTAL FUNDS CARRIED FORWARD 101071 101 071 Page 14
GROUND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS - Conllnued 12. TRUSTEE INDEMNITY INSURANCE Th8 company has paid £50012022 - £4931 for insurance in respecl of TrusteeslDirectors' liabililies incurr8d in wnnection wlth the disGharge of Ihelr dulles. 13. TANGIBLE FIXED ASSETS Plant and machinery COST Al 1 January 2023 Oisposals Al 31 December 2023 DEPRECIATION Al 1 January 2023 Charge for year Eliminated on disposal Al 31 December 2023 NET BOOK VALUE Al 31 December 2023 Al 31 December 2022 6.271 1.4501 4,821 4.652 796 3,998 823 14. STOCKS 31.12.23 31.12.22 Stocks 15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Other debtors Tax VAT 33,688 17,774 2,507 4.971 954 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Accruals and deferred income 126 887 Included Sn other creditors Is deferred income of £106,541 {2022 £59.699) for training income and ONEIAwaken lickels paid in advance relating lo s8rvices and events provided in 2025, 2024. Page 15
GROUND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS - Conllnued 17. LEASING AGREEMENTS Minimum lease paymenls under non-cancellable operating18a5es fall due as follows.. 31.12.23 31.12.22 Within one year Between one and five years 15.812 17.453 15.812 33,265 18. MOVEMENT IN FUNDS Net movement in fullds At 31.12.23 At1 1.23 Unrestrlcled fundJ5 General fund 101.071 107,577 208.648 TOTAL FUNDS 101.071 107 577 208 648 Net movament in funds, included in thè above are as follows., Incoming resvurces Resources expended Movement iw) luiids Unrestricted funds General fund 593,978 (486,401) 107,577 Restrlct•d funds R@stricled 8,000 (8,000) TOTAL FUNDS 601978 494 401) 107577 Comparatives for movement in funds Net movement in funds At 31.12.22 At1.1.22 Unrestricted fundB General fund 128,045 126,974) 101,071 Restricted funds Restricted 3.060 (3,060) TOTAL FUNDS 131 105 30 034) 101071 Page 16
GROUND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS - Conllnued 18. MOVEMENT IN FUNDS- contlnued Comparative nel movement in funds, included in Ihe above are as follows= Incoming resources Resources expended Movement in funds Unrestrlcled fund3 Geneial fund 207.298 (234,272) 126,974) Restricted funds Restricted 5.621 (8,681) (3,060) TOTAL FUNDS 212.919 242 953) A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 31.12.23 Al1.1.22 Unrestricted funds Gènèral fund 128,045 80,603 208.648 Restrlcted funds Rèslricled 3,060 (3,060) TOTAL FUNDS 131 105 208 648 A current year 12 months and prior year 12 months combined net movement in funds, Included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted fund8 General fund 801,276 1720,673) 80,603 Restricted funds Restricted 13,621 116,681) 13,060) TOTAL FUNDS 814 897 737 354) A grant was received from the Church Revitalisalion trust lo match fund local projects as part of the Love Christmas initiative, to support the most vuln¢roble and isolated at Chri8tmg8. Page 17
GROUND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS - Conllnued 19. EMPLOYEE BENEFIT OBLIGATIONS The charity makes contributions for all of its 8mployees into Dne of two d8fined CDntribulion schernes. The amount charged to the Slalement Of Financial Acllvlties during the year was £2,874 12022 £3.414 )- There were no pension amounts outstanding at the 31st December2023. 20. RELATED PARTY DISCLOSURES Total donations from Trustees during the year amounted to £7,677 (2022- £2,211) Included in wages and national insurance during the year were amounts totalling £14.682 {2022- £13,235) paid lo Steph Sargent daughter of Trustee D.Jones for employment services. 21. FUNDS HELD AS AGENT As at the 31st December 2023 Ground Level held £1.295 12022 £2,OQOI on behalf of the PFI netsvork. Thls is not part of reserves or included as part of bank or cash within the financial statements. Page 18