## **Department Reports 2022**
## **JOY**
**JOY – J** ust **O** lder **Y** outh is just that. It is a department within Mount of Olives Coleford that focuses on those of more senior age.
A **JOY** meeting is held each Thursday and is varied in structure. Generally, the first and third meeting of the month comprises of a cooked lunch followed by a time of praise, worship, and ministry. On the 2[nd] Thursday each month a prayer, coffee and cake morning is held in place of the normal meeting. On the fourth Thursday is afternoon tea which includes a time of fellowship, a chat over a recent event or a sermon video.
For one of the members special birthdays and also for the Queen Elizabeth II's Platinum Anniversary we had a full roast meal. We also took time out to remember the death of Her Majesty the queen. As with all organisations and departments the coronavirus pandemic has interrupted the life of many people and **JOY** has been no different, especially considering the vulnerability of the age group which it serves.
The ordinance of communion is shared every few months.
The joy Christmas dinner was shared with members of the church who of a **JOY** age. A Christmas gift was given to each member of the group and also to those who came to the Christmas dinner. Each member also receives a birthday card with gratitude to the one who takes care of it.
It is inevitable that, because of the age group **JOY** ministers into, infirmity. and the end of natural life has an impact and requires increased support.
It is hoped that others will join the group adding to the 25 or so who usually attend.
Thanks, must be expressed to the workers whom are all in their seventies 80s and 90s, diligently, make **JOY** possible.
**JOY** , I believe, remains a vital department of the Mount of Olives church in Coleford.
## **Online Prayer meeting**
The online prayer meeting takes place every Tuesday at 7:30 PM.
This meeting started at the beginning of COVID when we could not meet together in person and was found to be an effective way of praying together for particular needs.
People have particular needs especially in those who are unwell and need a particular touch from God. Prayer is made for the church, church departments and the community and nation. Prayer is made for missionaries and those who are serving the Lord in other places.
Prayer is so important, and we know that God answers prayer because so many of our prayers have been answered according to His perfect will.
There are normally only 6 to 8 who meet in this way to pray but those who meet believe in the importance in reaching out to God.
## **– – Prayer Meeting in person Tuesday night**
The Tuesday night group is held at the home of Terry and Sharonne Mainwaring and meets weekly. This year’s meetings have been well attended with a maximum of 14, and an average of 10 attending. The prayer meetings are fundamental to the successful life of the church and are an opportunity to praise, thank God and petition for those in need personally, locally and worldwide.
## **Sound and Media**
Streaming is running smoothly and we have regular feedback from those who tune in that they are glad to able to join in with our Sunday morning services.
## **Muddy Angels Report 2022**
The format of the group continued at the beginning of 2022, with both Mini and Muddy Angels on alternative weeks. Mini Angles aimed at the babies and toddlers and Muddy Angels aimed at all preschool.
However, in the February there was a change in leadership, and this led to a reduction to just the Muddy Angels group meeting once a fortnight, still on a Monday morning.
The morning consists of free play, messy play, crafts, story time, music time and snack time. There has been approximately 15 – 16 children each meeting, with the parents encouraging and thankful for the continuation to Muddy Angels.
Our aim is to serve local families with a safe, warm and welcoming environment. Our motivation is to share the love of God, and his care for them through the group meetings.
## **Youth Work Report 2022**
The Friday night youth work has consisted of one IGNITE youth club, one LBTK (Loved By The King) Youth Event and two YouthLight Small Group sessions each month. IGNITE and LBTK have approximately 6-8 young people attending each time and the evenings include games/challenges, socialising, tuck shop/youth cafe. In LBTK we have a theme and a talk where we have covered the following: Why are you here?; Friendship; From fear to hope; The perfect Christmas Gift; Forgiveness; The Greatest King; The Greatest Sports Event.
The number of young people in YouthLight group has gone from 3 to 7 and we’ve covered the following themes: Exploring the New Testament; What does Christmas mean to you?; New Year - New Beginnings; Easter; Am I living right?; The Armour of God.
It’s really great to see the young people coming along and engaging each week and we look forward to the next year. Our passion is for each young person to have a growing relationship with God and to be equipped to stand firm in their faith in God in their everyday life. We are very grateful to all the volunteers who give their time and effort to help lead and run the youth activities. Howard and Vicci
## **Ignite (Once a month)**
Ignite is a Christian Youth Group for school years 7 – 11, that’s Secondary school age 11 to 16 years of age. Our aim is to provide a safe environment for the young people, to give them a fun time in a Christian environment.
The Youth programme alternates between “Ignite” and “Loved by the King” on alternate Fridays.
Despite small numbers we have had a consistent attendance from those that have come, and with the normal mix of games, quizzes, and youth café style meeting.
## **SLAM Report 2022**
SLAM (Serve God, Love others, And Make a Joyful noise) is for children, aged 4 to school year 6.
Year ending 2022 has seen a consistent number of children in attendance, with most weeks having between 25 and 35 children. A number of the children’s parents stay for the session, so it has been good to build links with them.
It is our continued mission to provide a safe environment for the children, where they can have fun, and be themselves. The lively songs, games, activities and lessons from the Bible, remain a staple of SLAM, and these are done in various ways.
Seeing the children laughing, having fun and enjoying themselves is always a joy.
The continued help and support from our volunteers (older and younger) continues to be very much appreciated, and it wouldn’t work without them. Some of these were once attendees of SLAM themselves.
## **Kids church Report 2022**
2022 was another busy year for kids church. Amongst many other lessons, we have learnt about the books of the bible and also studied the first group of New Testament lessons from the community bible experience alongside the church. We had a break for the summer throughout the month of August and any children that attended our church service was given an activity pack based on a different bible story each week that they could complete during the service. Whilst covering a variety of bible lessons throughout the year we have also celebrated the Queens Jubilee with a song that the children shared with the church, we participated in the Easter Sunday service and also the harvest service and put on a Christmas production. We were given a monetary gift and used this to purchase some colourful beanbags to help the children relax more during kids church and to brighten the space we use and these have been well used.
All of the lessons, activities and involvement in the church services would not have been possible without the valuable help and support from many of the church members including the young people and I would like to thank everybody that has been involved. Thank you to those who take the time to ask about kids church and for the many prayers that I know are faithfully prayed on a regular basis. If you would like to be involved in the kids church lessons or would to help in any way, please speak to Leah who will gladly discuss this with you.
## **Accounts Overview 2022**
**----- Start of picture text -----**
Q1 Q2 Q3 Q4 2022 Total
Opening Balance £17,982.20 £24,740.77 £21,781.65 £21,390.30
Total Income £20,539.06 £18,478.47 £17,322.89 £18,590.42 £74,930.84
Total Expenditure £13,780.49 £21,437.59 £17,714.24 £14,263.12 £67,195.44
Closing Balance £24,740.77 £21,781.65 £21,390.30 £25,717.60
Expenditure 2022
Departments £430.69 £575.89 £858.01 £780.14 £2,644.73
Gifts & Mission £1,750.00 £5,378.50 £2,316.76 £1,220.00 £10,665.26 *
Salary Payments £8,471.18 £10,045.12 £9,723.92 £8,359.08 £36,599.30
Maintenance &
Cleaning £2,276.80 £3,194.20 £1,398.61 £1,568.36 £8,437.97
Events £0.00 £268.00 £1,395.00 £1,210.49 £2,873.49
Church Resources £99.30 £208.71 £711.95 £277.63 £1,297.59
Admin £752.52 £1,767.17 £1,309.99 £847.42 £4,677.10
Totals £13,780.49 £21,437.59 £17,714.24 £14,263.12 £67,195.44
**----- End of picture text -----**
* Gifts & Missions £3,000 carried over from 2021
**Charity number: 1050303**
## **Mount of Olives (Coleford)**
**Trustees' report and financial statements**
**for the year ended 31 December 2022**
## **Mount of Olives (Coleford)**
## **Contents**
||**Page**|
|---|---|
|Legal and administrative information|**1**|
|Trustees report|**2 - 3**|
|Independent examiners' report|**4**|
|Statement of financial activities|**5**|
|Income and expenditure account|**6**|
|Intentionally Blank|**7**|
|Balance sheet|**8**|
|Notes to the financial statements|**9 - 12**|
## **Mount of Olives (Coleford)**
## **Legal and administrative information**
|**Charity number**|1050303||
|---|---|---|
|**Business address**|The Crescent||
||Eastbourne Estate||
||Colefod||
||Gloucestershire||
||GL16 8BS||
||01594 837047||
||admin@mountofolives.church||
|**Trustees**|Susanna Jarratt|01/03/2022|
||Stephen Rosser||
||Terrance Mainwaring||
||Phil Worthington||
||Shirley James|01/03/2022|
|**Accountants**|Oversby & Company||
||Unit 1C||
||Crucible Close||
||Coleford||
||Gloucestershire||
||GL16 8RE||
|**Bankers**|HSBC||
||The Cross||
||Gloucester||
||Gloucestershire||
||GL1 2AP||
## **Mount of Olives (Coleford)**
## **Report of the trustees**
## **for the year ended 31 December 2022**
The trustees present their report and the financial statements for the year ended 31 December 2022. The trustees who served during the year and up to the date of this report are set out on page 1.
## **Structure, governance and management**
## _Governing Document_
Constitution and Trust Deed Adopted 28th May 2006, as amended on the 19th April 2015.
## _Objectives of the Charity_
THE OBJECTS OF THE CHURCH ("THE OBJECTS") ARE FOR THE BENEFIT OF THE PUBLIC: (A) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE CHURCH COUNCIL FROM TIME TO TIME MAY THINK FIT; (B) TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND INCLUDING THROUGH THE PROVISION OF COUNSELLING AND SUPPORT IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE CHURCH COUNCIL FROM TIME TO TIME THINK FIT; AND (C) TO ADVANCE EDUCATION IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE CHURCH COUNCIL FROM TIME TO TIME MAY THINK FIT.
## _How the Charity achieves its Objectives_
Sunday and weeknight services for all ages. Little Angels for carers and children up to 5 years old. Kids Church for primary school age during Sunday AM service; SLAM for children 4 years to Year 6; Ignite youth group for Year 7 to Year 11 pupils; JOY for the over 60's with meal and varried programme; Music Group and missions outreach GEM group for Ladies and BLOKES group for men.
## **Mount of Olives (Coleford)**
## **Report of the trustees for the year ended 31 December 2022**
## **Statement of trustees' responsibilities**
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other
On behalf of the board
## **Secretary**
## **Mount of Olives (Coleford)**
## **Independent examiner's report to the trustees on the unaudited financial statements of Mount of Olives (Coleford).**
I report on the accounts of Mount of Olives (Coleford) for the year ended 31 December 2022 set out on pages 2 to 12.
## **Respective responsibilities of trustees and independent examiner**
As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 144(2) of the Charities Act 2011 (the Ac), that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the 2011 Act, as amended; to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act, as amended; and to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (i) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep proper accounting records in accordance with section 130 of the Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
- (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
...........................................................
**Mr. Daniel John Oversby A.C.P.A. Independent examiner Unit 1C Crucible Close Coleford Gloucestershire GL16 8RE**
## **Mount of Olives (Coleford)**
## **Statement of financial activities**
## **For the year ended 31 December 2022**
|**Notes**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Incoming resources**
Incoming resources from generating funds:
Voluntary income
2
71,117
-
Activities for generating funds
3
1,169
-
Investment income
4
-
-
Incoming resources from charitable activities
5
1,000
-
**Total incoming resources**
73,286
-
**Resources expended**
Establishment costs
16,693
-
Accountancy fees
-
-
Legal and professional fees
33,964
-
Other office expenses
6,369
-
Gifts & Missiions
10,209
-
**Total resources expended**
67,235
-
Total funds brought forward
90,754
329
**Total funds carried forward**
96,805
329|**2022**
**Total**
**£**
**2021**
**Total**
**£**
71,117
71,556
1,169
993
-
67
1,000
1,050
73,286
73,666
16,693
47,565
-
1,110
33,964
42,417
6,369
3,947
10,209
7,380
67,235
102,419
91,083
119,836
97,134
91,083|
|---|---|
The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
**The notes on pages 9 to 12 form an integral part of these financial statements.**
## **Mount of Olives (Coleford)**
## **Income and expenditure account**
## **For the year ended 31 December 2022**
|**Notes**
**Income**
Operating expenditure
**Operating surplus/(deficit)**
**Other income**
Interest receivable and similar income
**Retained surplus/(deficit) for the financial year**
All activities derive from continuing operations.|**2022**
**£**
73,286
(67,235)
6,051
-
-
6,051|**2021**
**£**
73,599
(102,419)
(28,820)
67
67
(28,753)|
|---|---|---|
**The notes on pages 9 to 12 form an integral part of these financial statements.**
## **Mount of Olives (Coleford)**
**The notes on pages 9 to 12 form an integral part of these financial statements.**
## **Mount of Olives (Coleford)**
## **Balance sheet as at 31 December 2022**
|**Notes**
**Fixed assets**
Tangible assets
7
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling**
**due within one year**
8
**Net current assets**
**Net assets**
**Funds**
Restricted income funds
9
Unrestricted income funds
**Total funds**|**2022**
**£**
**£**
31,701
66,766
66,766
(1,332)
65,434
97,135
329
96,806
97,135|**2021**
**£**
**£**
31,700
59,883
59,883
(500)
59,383
91,083
329
90,754
91,083|**2021**
**£**
**£**
31,700
59,883
59,883
(500)
59,383
91,083
329
90,754
91,083|
|---|---|---|---|
||||91,083|
||||329
90,754|
||||91,083|
The financial statements were approved by the trustees on 27 October 2023 and signed on its behalf by
## **Susanna Jarratt Trustee**
**The notes on pages 9 to 12 form an integral part of these financial statements.**
## **Mount of Olives (Coleford)**
## **Notes to financial statements for the year ended 31 December 2022**
## **1. Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
## **1.1. Basis of accounting**
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005) and the Charities Act 1993.
## **1.2. Cashflow**
The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity.
## **1.3. Incoming resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
Income from investments is included in the year in which it is receivable.
## **1.4. Resources expended**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises 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.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.
## **Mount of Olives (Coleford)**
## **Notes to financial statements for the year ended 31 December 2022**
## **1.5. Tangible fixed assets and depreciation**
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Land and buildings - Straight line over years Fixtures, fittings and equipment - 20% Straight Line
-
## **2. Voluntary income**
|**Unrestricted**
**funds**
**£**
Offerings, Collections and Donations
69,399
Gifts
1,718
Tax Refunds
-
71,117|**2022**
**2021**
**Total**
**£**
**Total**
**£**
69,399
59,117
1,718
340
-
12,099
71,117
71,556|
|---|---|
## **3. Activities for generating funds**
|**Unrestricted**
**funds**
**£**
Trips
1,068
Donations from Materials distributed
101
1,169|**2022**
**2021**
**Total**
**£**
**Total**
**£**
1,068
973
101
20
1,169
993|
|---|---|
## **4. Investment income**
|Bank interest receivable|**2022**
**Total**
**£**
-
-|**2021**
**Total**
**£**
67|
|---|---|---|
|||67|
## **5. Incoming resources from charitable activities**
|**Unrestricted**
**funds**
Grants
**£**
1,000
1,000|**2022**
**2021**
**Total**
**Total**
**£**
1,000
**£**
1,050
1,000
1,050|
|---|---|
**Mount of Olives (Coleford)**
## **Notes to financial statements for the year ended 31 December 2022**
## **6. Employees**
## **Employment costs**
A salary was paid to the Minister and is included in the costs outlined in Training and Teaching. This includes the cost of a Pension Scheme.
## **Number of employees**
The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of full time equivalents, was as follows:
|Minister
**Land and**
**Fixtures,**
**7.**
**Tangible fixed assets**
**buildings fittings and**
**Cost**
**freehold**
**£**
**equipment**
**£**
At 1 January 2022 and
At 31 December 2022
31,000
500
**Net book values**
At 31 December 2022
31,000
500
At 31 December 2021
31,000
500
**8.**
**Creditors: amounts falling due**
**within one year**
Trade creditors
Other taxes and social security|**2022**
**Number**
-
**£**
200
200
200
**2022**
**£**
500
833
1,333|**2021**
**Number**
1
**Total**
**£**
31,700
31,700
31,701
**2021**
**£**
500
-
500|
|---|---|---|
||||
||||
## **Mount of Olives (Coleford)**
## **Notes to financial statements**
## **for the year ended 31 December 2022**
|**9.**
**Analysis of net assets between funds**
Fund balances at 31 December 2022 as represented by:
Tangible fixed assets
Current assets
Current liabilities
**10.**
**Unrestricted funds**
Unrestricted Funds
**Purposes of unrestricted funds**|**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**£**
**£**
**£**
31,701
-
31,701
66,437
329
66,766
(1,332)
-
(1,332)
96,806
329
97,135
**At**
**1st April**
**2022**
**£**
**Incoming**
**resources**
**£**
**Outgoing**
**resources**
**£**
**At**
**31st March**
**2022**
**£**
90,754
73,286
(67,235)
96,805|
|---|---|
General Funds for Runing Costs
|**11.**|**Restricted funds**|**At**|||**At**|
|---|---|---|---|---|---|
|||**1st April**|**Incoming**|**Outgoing**|**31st March**|
|||**2022**|**resources**|**resources**|**2022**|
|||**£**|**£**|**£**|**£**|
||Redundancy Funds|-|1,050|(721)|329|
## **Mount of Olives (Coleford)**
**The following pages do not form part of the statutory accounts.**
## **Mount of Olives (Coleford)**
## **Detailed statement of financial activities**
## **For the year ended 31 December 2022**
|**Charitable activities**
**Activity 1**
_Activities undertaken directly_
Establishment - Light & heat
Establishment - Rep. & maint.
Establishment - Insurance
Establishment - Other
Training & Teaching
Visiting Speakers
Teaching Resources
Bibles/Book/Magzines
Publicity Outreach
_Support costs_
Activity1 - Support - Professional - Accountancy
Professional - Other
Postage and Sationery
Telephone
Office Equipment
Computer Costs
**Activity 1 total expenditure**
**Total charitable activity expenditure**
**Governance costs**
_Activities undertaken directly_
Office expenses - Other
**Total governance costs**
**Other resources expended**
Gifts & Missiions
**Net incoming/(outgoing) resources for the year**|**2022**
**£**
**2021**
**£**
4,568
1,192
6,481
40,908
1,781
1,652
1,199
1,093
33,019
35,067
370
207
2,766
2,167
952
110
-
334
51,136
82,730
-
1,110
575
7,143
20
-
605
728
1,018
564
1,008
44
3,226
9,589
54,362
92,319
54,362
92,319
(1)
-
(1)
-
(1)
-
10,209
7,380
(70,706)
(108,203)|
|---|---|
## **Mount of Olives (Coleford)**
## **Detailed statement of financial activities**
## **For the year ended 31 December 2022**
|**Incoming resources**
**Incoming resources from generating funds:**
_Voluntary income_
Offerings, Collections and Donations
Gifts
Tax Refunds
_Activities for generating funds_
Trips
Donations from Materials distributed
_Investment income_
Bank interest receivable
**Total incoming resources from generating funds**
**Incoming resources from charitable activities**
Grants
**Total incoming resources**
**Resources expended**
**Costs of generating funds:**
**Fundraising trading:**
**cost of goods sold and other costs**
_Community Fellowship_
Fellowship Support
Fellowship Recreation
**Total fundraising trading**
**cost of goods sold and other costs**
**Total costs of generating funds**|**£**
**2022**
**£**
69,399
1,718
-
71,117
1,068
101
1,169
-
-
72,286
1,000
1,000
73,286
188
2,476
2,664
2,664
2,664|**£**
**2021**
**£**
59,117
340
12,099
71,556
973
20
993
67
67
72,616
1,050
1,050
73,666
426
2,294
2,720
2,720
2,720|**£**
**2021**
**£**
59,117
340
12,099
71,556
973
20
993
67
67
72,616
1,050
1,050
73,666
426
2,294
2,720
2,720
2,720|
|---|---|---|---|
||||71,556|
||||973
20|
||||993|
||||67|
||||67|
||||72,616|
||||1,050|
||||1,050|
||||73,666|
||||2,720|
||||2,720|
||||2,720|
**Charity number: 1050303**
## **Mount of Olives (Coleford)**
**Trustees' report and financial statements**
**for the year ended 31 December 2022**
## **Mount of Olives (Coleford)**
## **Contents**
||**Page**|
|---|---|
|Legal and administrative information|**1**|
|Trustees report|**2 - 3**|
|Independent examiners' report|**4**|
|Statement of financial activities|**5**|
|Income and expenditure account|**6**|
|Intentionally Blank|**7**|
|Balance sheet|**8**|
|Notes to the financial statements|**9 - 12**|
## **Mount of Olives (Coleford)**
## **Legal and administrative information**
|**Charity number**|1050303||
|---|---|---|
|**Business address**|The Crescent||
||Eastbourne Estate||
||Colefod||
||Gloucestershire||
||GL16 8BS||
||01594 837047||
||admin@mountofolives.church||
|**Trustees**|Susanna Jarratt|01/03/2022|
||Stephen Rosser||
||Terrance Mainwaring||
||Phil Worthington||
||Shirley James|01/03/2022|
|**Accountants**|Oversby & Company||
||Unit 1C||
||Crucible Close||
||Coleford||
||Gloucestershire||
||GL16 8RE||
|**Bankers**|HSBC||
||The Cross||
||Gloucester||
||Gloucestershire||
||GL1 2AP||
## **Mount of Olives (Coleford)**
## **Report of the trustees**
## **for the year ended 31 December 2022**
The trustees present their report and the financial statements for the year ended 31 December 2022. The trustees who served during the year and up to the date of this report are set out on page 1.
## **Structure, governance and management**
## _Governing Document_
Constitution and Trust Deed Adopted 28th May 2006, as amended on the 19th April 2015.
## _Objectives of the Charity_
THE OBJECTS OF THE CHURCH ("THE OBJECTS") ARE FOR THE BENEFIT OF THE PUBLIC: (A) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE CHURCH COUNCIL FROM TIME TO TIME MAY THINK FIT; (B) TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND INCLUDING THROUGH THE PROVISION OF COUNSELLING AND SUPPORT IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE CHURCH COUNCIL FROM TIME TO TIME THINK FIT; AND (C) TO ADVANCE EDUCATION IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE CHURCH COUNCIL FROM TIME TO TIME MAY THINK FIT.
## _How the Charity achieves its Objectives_
Sunday and weeknight services for all ages. Little Angels for carers and children up to 5 years old. Kids Church for primary school age during Sunday AM service; SLAM for children 4 years to Year 6; Ignite youth group for Year 7 to Year 11 pupils; JOY for the over 60's with meal and varried programme; Music Group and missions outreach GEM group for Ladies and BLOKES group for men.
## **Mount of Olives (Coleford)**
## **Report of the trustees for the year ended 31 December 2022**
## **Statement of trustees' responsibilities**
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other
On behalf of the board
## **Secretary**
## **Mount of Olives (Coleford)**
## **Independent examiner's report to the trustees on the unaudited financial statements of Mount of Olives (Coleford).**
I report on the accounts of Mount of Olives (Coleford) for the year ended 31 December 2022 set out on pages 2 to 12.
## **Respective responsibilities of trustees and independent examiner**
As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 144(2) of the Charities Act 2011 (the Ac), that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the 2011 Act, as amended; to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act, as amended; and to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (i) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep proper accounting records in accordance with section 130 of the Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
- (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
...........................................................
**Mr. Daniel John Oversby A.C.P.A. Independent examiner Unit 1C Crucible Close Coleford Gloucestershire GL16 8RE**
## **Mount of Olives (Coleford)**
## **Statement of financial activities**
## **For the year ended 31 December 2022**
|**Notes**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Incoming resources**
Incoming resources from generating funds:
Voluntary income
2
71,117
-
Activities for generating funds
3
1,169
-
Investment income
4
-
-
Incoming resources from charitable activities
5
1,000
-
**Total incoming resources**
73,286
-
**Resources expended**
Establishment costs
16,693
-
Accountancy fees
-
-
Legal and professional fees
33,964
-
Other office expenses
6,369
-
Gifts & Missiions
10,209
-
**Total resources expended**
67,235
-
Total funds brought forward
90,754
329
**Total funds carried forward**
96,805
329|**2022**
**Total**
**£**
**2021**
**Total**
**£**
71,117
71,556
1,169
993
-
67
1,000
1,050
73,286
73,666
16,693
47,565
-
1,110
33,964
42,417
6,369
3,947
10,209
7,380
67,235
102,419
91,083
119,836
97,134
91,083|
|---|---|
The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
**The notes on pages 9 to 12 form an integral part of these financial statements.**
## **Mount of Olives (Coleford)**
## **Income and expenditure account**
## **For the year ended 31 December 2022**
|**Notes**
**Income**
Operating expenditure
**Operating surplus/(deficit)**
**Other income**
Interest receivable and similar income
**Retained surplus/(deficit) for the financial year**
All activities derive from continuing operations.|**2022**
**£**
73,286
(67,235)
6,051
-
-
6,051|**2021**
**£**
73,599
(102,419)
(28,820)
67
67
(28,753)|
|---|---|---|
**The notes on pages 9 to 12 form an integral part of these financial statements.**
## **Mount of Olives (Coleford)**
**The notes on pages 9 to 12 form an integral part of these financial statements.**
## **Mount of Olives (Coleford)**
## **Balance sheet as at 31 December 2022**
|**Notes**
**Fixed assets**
Tangible assets
7
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling**
**due within one year**
8
**Net current assets**
**Net assets**
**Funds**
Restricted income funds
9
Unrestricted income funds
**Total funds**|**2022**
**£**
**£**
31,701
66,766
66,766
(1,332)
65,434
97,135
329
96,806
97,135|**2021**
**£**
**£**
31,700
59,883
59,883
(500)
59,383
91,083
329
90,754
91,083|**2021**
**£**
**£**
31,700
59,883
59,883
(500)
59,383
91,083
329
90,754
91,083|
|---|---|---|---|
||||91,083|
||||329
90,754|
||||91,083|
The financial statements were approved by the trustees on 27 October 2023 and signed on its behalf by
## **Susanna Jarratt Trustee**
**The notes on pages 9 to 12 form an integral part of these financial statements.**
## **Mount of Olives (Coleford)**
## **Notes to financial statements for the year ended 31 December 2022**
## **1. Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
## **1.1. Basis of accounting**
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005) and the Charities Act 1993.
## **1.2. Cashflow**
The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity.
## **1.3. Incoming resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
Income from investments is included in the year in which it is receivable.
## **1.4. Resources expended**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises 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.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.
## **Mount of Olives (Coleford)**
## **Notes to financial statements for the year ended 31 December 2022**
## **1.5. Tangible fixed assets and depreciation**
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Land and buildings - Straight line over years Fixtures, fittings and equipment - 20% Straight Line
-
## **2. Voluntary income**
|**Unrestricted**
**funds**
**£**
Offerings, Collections and Donations
69,399
Gifts
1,718
Tax Refunds
-
71,117|**2022**
**2021**
**Total**
**£**
**Total**
**£**
69,399
59,117
1,718
340
-
12,099
71,117
71,556|
|---|---|
## **3. Activities for generating funds**
|**Unrestricted**
**funds**
**£**
Trips
1,068
Donations from Materials distributed
101
1,169|**2022**
**2021**
**Total**
**£**
**Total**
**£**
1,068
973
101
20
1,169
993|
|---|---|
## **4. Investment income**
|Bank interest receivable|**2022**
**Total**
**£**
-
-|**2021**
**Total**
**£**
67|
|---|---|---|
|||67|
## **5. Incoming resources from charitable activities**
|**Unrestricted**
**funds**
Grants
**£**
1,000
1,000|**2022**
**2021**
**Total**
**Total**
**£**
1,000
**£**
1,050
1,000
1,050|
|---|---|
**Mount of Olives (Coleford)**
## **Notes to financial statements for the year ended 31 December 2022**
## **6. Employees**
## **Employment costs**
A salary was paid to the Minister and is included in the costs outlined in Training and Teaching. This includes the cost of a Pension Scheme.
## **Number of employees**
The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of full time equivalents, was as follows:
|Minister
**Land and**
**Fixtures,**
**7.**
**Tangible fixed assets**
**buildings fittings and**
**Cost**
**freehold**
**£**
**equipment**
**£**
At 1 January 2022 and
At 31 December 2022
31,000
500
**Net book values**
At 31 December 2022
31,000
500
At 31 December 2021
31,000
500
**8.**
**Creditors: amounts falling due**
**within one year**
Trade creditors
Other taxes and social security|**2022**
**Number**
-
**£**
200
200
200
**2022**
**£**
500
833
1,333|**2021**
**Number**
1
**Total**
**£**
31,700
31,700
31,701
**2021**
**£**
500
-
500|
|---|---|---|
||||
||||
## **Mount of Olives (Coleford)**
## **Notes to financial statements**
## **for the year ended 31 December 2022**
|**9.**
**Analysis of net assets between funds**
Fund balances at 31 December 2022 as represented by:
Tangible fixed assets
Current assets
Current liabilities
**10.**
**Unrestricted funds**
Unrestricted Funds
**Purposes of unrestricted funds**|**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**£**
**£**
**£**
31,701
-
31,701
66,437
329
66,766
(1,332)
-
(1,332)
96,806
329
97,135
**At**
**1st April**
**2022**
**£**
**Incoming**
**resources**
**£**
**Outgoing**
**resources**
**£**
**At**
**31st March**
**2022**
**£**
90,754
73,286
(67,235)
96,805|
|---|---|
General Funds for Runing Costs
|**11.**|**Restricted funds**|**At**|||**At**|
|---|---|---|---|---|---|
|||**1st April**|**Incoming**|**Outgoing**|**31st March**|
|||**2022**|**resources**|**resources**|**2022**|
|||**£**|**£**|**£**|**£**|
||Redundancy Funds|-|1,050|(721)|329|
## **Mount of Olives (Coleford)**
**The following pages do not form part of the statutory accounts.**
## **Mount of Olives (Coleford)**
## **Detailed statement of financial activities**
## **For the year ended 31 December 2022**
|**Charitable activities**
**Activity 1**
_Activities undertaken directly_
Establishment - Light & heat
Establishment - Rep. & maint.
Establishment - Insurance
Establishment - Other
Training & Teaching
Visiting Speakers
Teaching Resources
Bibles/Book/Magzines
Publicity Outreach
_Support costs_
Activity1 - Support - Professional - Accountancy
Professional - Other
Postage and Sationery
Telephone
Office Equipment
Computer Costs
**Activity 1 total expenditure**
**Total charitable activity expenditure**
**Governance costs**
_Activities undertaken directly_
Office expenses - Other
**Total governance costs**
**Other resources expended**
Gifts & Missiions
**Net incoming/(outgoing) resources for the year**|**2022**
**£**
**2021**
**£**
4,568
1,192
6,481
40,908
1,781
1,652
1,199
1,093
33,019
35,067
370
207
2,766
2,167
952
110
-
334
51,136
82,730
-
1,110
575
7,143
20
-
605
728
1,018
564
1,008
44
3,226
9,589
54,362
92,319
54,362
92,319
(1)
-
(1)
-
(1)
-
10,209
7,380
(70,706)
(108,203)|
|---|---|
## **Mount of Olives (Coleford)**
## **Detailed statement of financial activities**
## **For the year ended 31 December 2022**
|**Incoming resources**
**Incoming resources from generating funds:**
_Voluntary income_
Offerings, Collections and Donations
Gifts
Tax Refunds
_Activities for generating funds_
Trips
Donations from Materials distributed
_Investment income_
Bank interest receivable
**Total incoming resources from generating funds**
**Incoming resources from charitable activities**
Grants
**Total incoming resources**
**Resources expended**
**Costs of generating funds:**
**Fundraising trading:**
**cost of goods sold and other costs**
_Community Fellowship_
Fellowship Support
Fellowship Recreation
**Total fundraising trading**
**cost of goods sold and other costs**
**Total costs of generating funds**|**£**
**2022**
**£**
69,399
1,718
-
71,117
1,068
101
1,169
-
-
72,286
1,000
1,000
73,286
188
2,476
2,664
2,664
2,664|**£**
**2021**
**£**
59,117
340
12,099
71,556
973
20
993
67
67
72,616
1,050
1,050
73,666
426
2,294
2,720
2,720
2,720|**£**
**2021**
**£**
59,117
340
12,099
71,556
973
20
993
67
67
72,616
1,050
1,050
73,666
426
2,294
2,720
2,720
2,720|
|---|---|---|---|
||||71,556|
||||973
20|
||||993|
||||67|
||||67|
||||72,616|
||||1,050|
||||1,050|
||||73,666|
||||2,720|
||||2,720|
||||2,720|