|||`Page`||
|---|---|---|---|
|`Trustees'Report`|`1`|`to`|`2`|
|`IndependentExaminer'sReport`||`3`||
|`StatementofFinancialActivities`||`4`||
|`StatementofFinancialPosition`||`5`||
|`NotestotheFinancialStatements`|`6`|`to`|`13`|
|`DetailedStatementofFinancialActivities`|`14`|`to`|`15`|





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## 

## 

## 

## 

## 

## 

## 




## 

## 



## 

## 

## 




## 

## 

|||||`31.12.22`|`31.12.21`|
|---|---|---|---|---|---|
|||`Unrestricted`|`Restricted`|`Total`|`Total`|
|||`fund`|`funds`|`funds`|`funds`|
||`Notes`|`£`|`£`|`£`|`£`|
|`INCOMEANDENDOWMENTSFROM`||||||
|`Donationsandlegacies`|`2`|`166,467`|`41,372`|`207,839`|`175,549`|
|`Othertradingactivities`|`3`|`959`||`959`|`682`|
|`Investmentincome`|`4`|`18`|`18`|`36`|`2`|
|`Total`||`167,444`|`41,390`|`208,834`|`176,233`|
|`EXPENDITUREON`||||||
|`Charitableactivities`||||||
|`Expenditure`||||||
|||`156,411`|`32,390`|`188,801`|`155,906`|
|`Other`|`5`|`17,119`||`17,119`|`12,129`|
|`Total`||`173,530`|`32,390`|`205,920`|`168,035`|
|`NETINCOME/(EXPENDITURE)`||`(6,086)`|`9,000`|`2,914`|`8,198`|
|`RECONCILIATIONOFFUNDS`||||||
|`Totalfundsbroughtforward`||`455,123`|`18,262`|`473,385`|`465,187`|
|`TOTALFUNDSCARRIEDFORWARD`||`449,037`|`27,262`|`476,299`|`473,385`|





## 

## 

|||||`31.12.22`|`31.12.21`|
|---|---|---|---|---|---|
|||`Unrestricted`|`Restricted`|`Total`|`Total`|
|||`fund`|`funds`|`funds`|`funds`|
||`Notes`|`£`|`£`|`£`|`£`|
|`FIXEDASSETS`||||||
|`Tangibleassets`|`9`|`746,729`||`746,729`|`749,249`|
|`CURRENTASSETS`||||||
|`Debtors`|`10`|`7,591`||`7,591`|`5,600`|
|`Cashatbank`|`11`|`20,218`|`27,262`|`47,480`|`50,058`|
|||`27,809`|`27,262`|`55,071`|`55,658`|
|`CREDITORS`||||||
|`Amountsfallingduewithinoneyear`|`12`|`(10,287)`|`-`|`(10,287)`|`(10,247)`|
|`NETCURRENTASSETS`||`17,522`|`27,262`|`44,784`|`45,411`|
|`TOTALASSETSLESSCURRENT`||||||
|`LIABILITIES`||`764,251`|`27,262`|`791,513`|`794,660`|
|`CREDITORS`||||||
|`Amountsfallingdueaftermorethanoneyear`|`13`|`(315,214)`|`-`|`(315,214)`|`(321,275)`|
|`NETASSETS`||`449,037`|`27,262`|`476,299`|`473,385`|
|`FUNDS`|`16`|||||
|`Unrestrictedfiinds:`||||||
|`Generalflmd`||||`449,037`|`455,123`|
|`Restrictedfiinds:`||||||
|`Buildingfund`||||`9,400`|`2,553`|
|`Foodbank`||||`5,225`|`1,665`|
|`Tranquility`||||`10,741`|`8,829`|
|`NewHorizons`||||`894`|`538`|
|`NominatedFunds`||||`1,002`|`4,677`|
|||||`27,262`|`18,262`|
|`TOTALFUNDS`||||`476,299`|`473,385`|






Klwg5w•y W•mbown
Notes t• the FID*ttcl*l Ststemellts
ftir the Year Elldtd 31 Detember 2022
ACCOUIYnNG POLICI&S
BA5ts of pryrl#g th¢ fu￿￿¢1￿1 sl*temeAts
The financial w¢ments of the cljarity. which is a public benefit eniiry under FRS 102. have been prepared in
accordance with the Charities SORP (FRS 102) 'Accounting and Reporitng by Charitie5: Statement of
Recommended Practice applicable to chariti¢s weparing their aCcO￿ts in 4¢¢ordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (¢ff#tive l January 2019),, Financial Reporttng
Standard 102 Tr Financial Reporting Stsndard applicable in the UK Ryblic of Ireland, and the Charilies Act
2011. The financia] have be￿ w4>gYed under the hi#orical cost convention.
All income is recognised in the S￿ement of Financial Activitie5 onrx the charity has uJtiil&neni ¢0 the fimds. it is
probable that the income will be received and the amount c￿ b¢ Meas￿ reliably.
Expelldl¢wre
Liabilities are recognised as expenditwe a5 %>on as ther¢ is a leg81 or Consti￿ve obligation committing the ¢harity
to that eXpendtttk￿ il 15 probable that a transfer of ¢conomi¢ benefits will be required in 5¢tt1¢rnent and the amount
of the obligation can b¢ measured reliably. Expenditure is accounted for on an basi5 and ha5 been classified
und¢r headings th&t 888re8ate ail CO￿ related to the wory. Where costs cannot be directly ￿tributed to p¥rticular
Grants offered subject to CofKlition5 ￿1¢h have Thx been met at the year date are noted as a commithieni not
Tsn¥lble nxed *ss¢ts
Depreciation is FKOVId￿ at the folknvin8 annual rate5 in orderto write off each ¥sset ovcT its estimated useful life.
Freehold pror¢rty
Fixtures and fittings
. not PTovid¢d
21fA on reducing bal•nce
No depreciation is provided on freehold property 4 in the opinion orth¢ truste¢5 there has been an increase in the
value between the date of PLw¢hase aThl the bala￿¢ slKet dat¢
Taxatlon
The ¢I￿lty is exempt fmm tsx on its ¢haTitsble activiiie&
Fund accounting
Unrestricted fimds ¢an be used in XCordan￿ with the charitsble objectives at the discretion ofthe ttIL4ees.
Restricted funts can onty be wed for i)articular restricted within the objects of the charity. Restriciions
arise when s￿lfied by the donor or kn fimts are raised forparticular re5trirted pulposes.
Don*ted t￿1$
These are only included in incoming resowces with an equivaknt arnount in resouw exputhj WI￿re the benefit to
thE Chrity is reasonably 9￿￿)fiabl￿ me￿ll￿1t and n￿1￿.
Contin￿1...

Kingsway Chureh wom1￿My￿e
Notes to the Fln#n¢lal Stai¢ments- ¢on¢inued
for the Yt4r Ended 31 December 2022
DONATIONS AND LEGACIES
31.12.22
Total
funds
31.12.21
Totsl
fimds
Unrestricted
Restricted
Gronts
Planned giving
Off￿ingS
Gift aid t&x receipts
Other gifts and dOn￿lonS
19,91KI
19,900
11&142
1&135
2S344
31Jl8
21.368
97.294
20.985
22.225
13.677
116,142
15,135
25J44
9046
21.472
166,467
41J72
207.839
175,549
GranLS re¢eive4 included in the above, are as follows:
31.12.22
31.12.21
Other grdnts
19,91)0
21.368
OTHER TRADING ACTIVITIES
31.12.22
Total
funds
31.12.21
Total
Unrestriaed
funds
Restricted
Other sundry income
959
959
682
INVLSTMENf INCOME
31.12.22
Total
funds
31.12.21
Totsl
fijnds
Urwestri¢ied
Restricted
fi]nds
Dwit account interest
18
18
36
OThER
31.12.22
Total
ds
31.12.21
Total
fun(ts
Unrestricted
funds
Restrithed
fi￿dS
Interest payable and similar tharges
Support costs
16J99
820
1&299
820
12,129
17,119
17,119
12.129
Page 7
¢ontinued...

Klngsway Chureh Wombourne
Notes to the Flnatscial Sta¢ements- tontlnued
for the Y¢ar Ended 31 December 2022
TRUSTEES, REMUNERATION AND BENEFITS
No Trustee received remUne￿I0n for either 2021 or 2020
Trnstee8' expenses
were no tsustee￿ expenses paid for the year ended 31 Dec￿nber 2022 nor for the year ended
31 December 2021.
srAFF cosrs
31.12.22
31.12.21
WB8e5 and salaries
06,979
54,535
06,979
54,535
The average monthly number of ernployees during the yeor wos as follows:
31.1122
31.12.21
Administration
No employe¢5 rtteived emoluments in excess of £60,000.
COMPARATIVES FOR THE ￿ATEmENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
Restricted
nds
Total
nds
INCOME AND ENDOWMENTS FROM
Donations And le8Rcies
141,854
33.695
175,549
Cther tr￿Ing laivities
Investmenl income
682
142.538
33,695
176.233
EXPENDITURE ON
CbarltAbk a¢¢lvltle8
Expendi
122.766
33,140
155.906
12,129
12,129
Tot•1
134,895
33.140
168.035
NET INCOME
TrAn5f¢rs between fumds
7,643
(8.374)
555
.374
8,198
Net mfjv¢nwmt In funth
(731)
8,929
8.198
Page 8
continued...

Klngsway Chwrch wom￿￿￿¢
Notes to the Fin*Tr¢lal Ststements- tont1tt￿￿d
for ¢h¢ Year Ended 31 Deeember 2022
COMPARATIVLS FOR THE STATEMENT OF FINANCIAL A￿1vITIEs- ¢ontlnued
UnT¢stricied
Restricted
fimds
Total
RECONCILIATION OF FUNDS
Totsl funds brought fonvard
455.854
9J33
465.187
TOTAL FUNDS CARRIED FORWARD
455.123
18.262
473J85
TANGIBLE FIXED ASSETS
Fixtu
aftd
fittings
Freehold
prop¢rty
Totals
At l January 2022 And 31 Dxember 2022
731647
19,692
756J39
DEPRECIATION
At l January 2022
Charge ftir year
7,090
1520
7,090
2,520
At 31 December 2022
9,610
9,610
BOOK VALUE
At 31 December 2022
736,647
10,1)82
746,729
Ai 31 December 2021
736,647
12.602
749,249
io.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22
31.12.21
Gift aid tax receivable
7,591
ii.
CASH AT BANK
General
Building
fimd
Food bank
Trnnquility
Bank ¢urr¢nt accO￿t
Bank deposit account
,754
18,464
9.400
5.225
10.741
Tothl
20218
5.225
10.741
31.12.22
Total
31.1221
Total
fi]nd5
New
Nominated
Funds
Pa8e 9
coniinued...

Khg5v*y Ch#r¢h Wombtrwrn¢
Notss t• the FI￿￿181 StstemeDts- totstknvtd
for the Yur End¢d 31 Dtt¢rn￿r 2022
ii.
CASH AT &4NK- conlbAued
31.1222
Totsl
31.1221
Trf81
fund5
Nominated
Brought forwwd
29.016
1&464
31.611
18.447
Bank deposit accou
Total
894
47,480
50,058
12.
CREDITORS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR
31.12.22
31.12.21
B￿lk lo8ns and oveTthafts (see note 14)
A¢¢rued expenses
7,$39
2,748
7.539
2,708
10387
10247
13.
CREDITORS: Amouiyfs FALLING DUE A￿ER MORE THAN ONE YEAR
31.12.22
31.12.21
Bank loans (see note 14)
315314
321,275
14.
LOANS
An anAlysb of the mthrity of Io•M is 81￿Tr belov.
31.12.22
31.12.21
Amounts fallin8 due within one ye* on dem￿..
Bonk lowls
7.539
7539
Amounts filling betww one •nd S￿.
Bank loaw- 1-2 years
7￿39
7.539
Amounts falling due #Thl five yevs:
Bank10gns- 2-5 yeats
22,617
22.617
AMOU￿ fAllin8 due in more five years:
Repayable by instalmeths:
Bank loans more 5 yr by inx81
285,058
291.119
P48e 10
continugj...

Klww#y Wombollm
Notes ¢0 the FU￿￿¢1•1 Sla¢ernents- coTrtlnued
for the Y￿r ENded 31 December 2022
SECURED DEFrs
The ft*llowing sewed debts aT¢ Incl￿ within creditors:
31.12.22
31.12.21
Bank loans
322,753
328.814
bank loan from Kingdom Bank 1$ seawed ovtr the Free1￿Id Propffj.
MOVEMENf IN FUNDS
Net
Ai
31.12.22
At 1.122
Unrestrleted fundj
GenerAI fund
45S12J
(6J)86)
449,037
Rutrl¢t¢d
Building fjjnd
FLNXI bank
Tr￿qUirIty
New Horizo
Nominattrj Fu
6,847
3,560
1,912
356
(3.675)
9,4110
5,225
10.741
894
J.002
4,677
18362
27362
TOTAL FUNDS
473J85
2,914
476299
Net movement In in the above &8 ftill0￿.
Incoming
expended
in fimd5
U•reJtrf¢ted
General fimd
167
(173A30)
(6,086)
Restrkted funds
Building fiu)d
Food bank
Tranquility
24197
S833
I￿002
350
(17JS0)
(2273)
{&090)
6,847
3,560
1,912
356
(3,675)
Nomimted Fund5
(4677)
41 J90
(32J90)
9,OlXI
TOTAL FUNDS
208034
(205.920)
2,914
continued...

KIn￿Y Chur¢h Wombourne
Notes ¢0 the SlateTrents- conthnued
for the Year EAded 31 Dettmi*r 2022
16.
MOVEM￿ IN FUNDS. contlnmd
Comparntives for Move￿ ID fg4d5
movement
in fiuyls
Ai
31.12.21
At 1.1.21
unrestrict￿ fuads
Ge￿ra1 fund
455.854
7.643
(8J74)
455.123
R&strfeted futhds
Building fiu
Food bank
Community
Trdnquilty
New Horiz(Jns
Nominated Funds
671
4.136
(4.981)
(1471)
(858)
151
233
1481
6,863
2.553
1.665
858
653
1025
305
1196
8,829
538
4.677
9J33
555
.374
18262
TOTAL FUNDS
465,187
8.198
473.385
Comparative net movement in in the above are as foll
Incoming Resow¢es Movement
expended
in ffijnds
Unrestrleted fuw15
Genernl fund
141538
(134.895)
7,643
Restrkted fwnds
Buildin8
F￿d bank
C(Mnmunity
Tranquility
New Horizons
Nominated FuThts
6270
92
(11251)
(5.063)
(858)
(7,619)
{132)
(8217)
(4.981)
(2.471)
(858)
6.151
233
2,481
13.770
365
10,698
33.695
(33.140)
555
176233
(168.035)
8,198
Page 12
continued...

Kinpway Ch*r¢h womb0pr￿¢
Notes ¢0 ¢he Flth8#tio1 St8¢eDKnts- eODt1n￿ed
for the Yur Ended 31 Deeejthr 211ll
17.
REL4TED PARTY DISCLOSURLS
i&
ULTIMATE coNfROLLING PARTY
The C￿rity is controlled by the ¢ru#e
Page 13

Kingsw*y Churcb Wombtyurn¢
Detalled Slatemen¢ of FID4n¢lal A¢tSviiles
for the Year EDded 31 December 2021
31.1222
Total
fimds
31.12.21
Total
funds
Unrestrided
fund5
Restricted
fuThJs
INCOME AND ENDoWMEr￿rS
Donatio￿S and Iw¢les
Gr¥nts
Planned giving
Offerings
Gift aid thx receipts
Other gift5 and donations
19,900
19.900
116,142
15,135
25J44
31?18
21J68
97294
20.985
22.225
13.677
116.142
IS.135
25J44
9.846
21,472
106,467
41J72
207,839
175.549
Other tradlllg *ctivitles
OttKr suThJry income
959
959
682
Investnwttt incon
tkwsit account interest
18
18
36
Total llleomlDg resourees
167,444
41J90
208034
176,233
EXPENDITURE
Charil#ble aetlvttks
Wages
Rwes and water
Insurance
Light and he
Telephone
Fixed n]nntng costs
Repa￿5 and maintenan
Pastoral expenses
Catering and cleaning
Health and safety
Small groups
Worship
Children & youth
Cornmunity
Food bxnk
New horizons
Nomin*ed fund expenditure
Depreciation of tangible fixed assets
Overseas missions
66,979
318
2A17
15J64
1,042
5,197
5,920
5,144
19,704
9J66
145
1,306
S983
1,239
6&979
318
&417
15J64
1,042
S197
23370
&144
19,704
9a66
145
IJ06
14,073
1239
2373
54535
423
2,191
6.464
943
9.641
24.861
5,943
9.891
4.326
17JSO
1,301
7.619
858
5.063
132
8.217
3.152
9.422
8.090
2273
4ffj77
4,677
2A20
13,767
2,520
13,767
156,411
32J90
18&801
155.126
This page does not form part of the sthtutory financial statements
Page 14

Klttgsway Chllreh wom1￿m￿ne
Detalled Ststement ofFlnAnclal Actlvltl¢s
ftsr the Year Ended 31 December 2022
31.12.22
Total
31.12.21
To¢al
fi￿Ld$
Unrestricted
nds
Restricted
fund5
Ch8rh•bl¢ *¢¢fvltks
Other
Bank loan interest
16299
16399
12.129
Sypport costs
Govern*nce eosts
Independent examiners fee
820
Totsl resources expended
173,530
32Jg0
205,920
168.035
Net I￿¢0￿¢
1fi086)
9,01)0
2,914
8,198
This page does noi forni part of the SthI￿Ory financial stytements
Page 15