OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Annual trustees statement 2022

2022 has seen the church continue to grow in all the core areas. The leadership have been delighted to see

engaging with our live streamed service.

As a church we have been able to continue to overpay our mortgage with a target of being debt free by the end of 2023.

Further investment has been made in our audiovisual equipment helping to support our online services.

SEDGLEY COMMUNITY CHURCH

BILSTON STREET

DUDLEY

DY3 1JB

Registered Charity: 1052785

STATEMENT OF ACCOUNT

AND

INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2022

Luke Silver Accountancy & Taxation Services 25 Ellicombe Close Minehead Somerset TA24 6DQ

Mobile: 07710 456376

E-mail: luke-silver@puresilver.org.uk

Independent Examiner’s Report on the Accounts

Accruals Accounts

Report to the trustees/members of Sedgley Community Church

Registered Charity Number 1052785

On the accounts for the year ended 31 December 2022

Set out on the following pages

Respective responsibilities of trustees and examiner

The charity¹s trustees are responsible for the preparation of the accounts. The charity¹s 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 needed.

It is my responsibility to: examine the accounts (under section 145 of the 2011 Act); follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act); and

state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

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

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed L A Silver

Date: 22 March 2023

Luke Silver HNC Business & Finance Accountancy Practitioner

25 Ellicombe Close, Minehead, Somerset. TA24 6DQ

Independent Examiners Report to the Trustees

Introduction

Thank you for submitting the accounts for independent examination. They have been well maintained and the Treasurer, and others responsible are to be commended for their hard work. Therefore I will keep my comments to a minimum.

Charity Law and Financial Regulations

The independent examination has been carried out in accordance with the Charities (Accounts and Reports) Act 2011 and the Accounting by Charities Statement of Recommended Practice (SORP).

Signing of Accounts

I shall be obliged if you will please forward a copy of the signature page for my records after the accounts have been signed by a representative appointed by the Trustees. A spare copy is enclosed.

Conclusion

There are no other matters I feel need to be brought to your attention.

Please do not hesitate to contact me for further clarification or for further assistance.

Luke Silver

Date: 22 March 2023

SEDGLEY COMMUNITY CHURCH

REPORT OF THE TRUSTEES OF FOR THE YEAR ENDED 31[ST] DECEMBER 2022

ACTIVITIES REVIEW

The financial results are set out in the enclosed accounts.

The principal activity throughout the year under review was that of the advancement of the Christian faith and the extension of the Kingdom of God.

REACH ALL AGE GROUPS IN THE COMMUNITY AND BEYOND WITH THE GOSPEL AND TO SEE CHRIST FORMED IN THEM, PROMOTE DISCIPLESHIP AND DEVELOP GIFTING IN EACH INDIVIDUAL IN ORDER TO ENCOURAGE MINISTRY THAT WILL TEACH THE WORLD.

TRUSTEES

The trustees during the year were as follows:

Stephen Hyde

Stephen Goodall

Andrew Bache

Joseph Ferris

STATEMENT

We certify that the books, vouchers and information produced to enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief.

SIGNED ON BEHALF OF THE TRUSTEES

Please print name:

Date:

Sedgley Community Church

Statement of Financial Activities for the year ended 31st December 2022

Notes Unrestricted Designated Restricted Total Total
Funds Funds Funds
2022 2022 2022 31.12.22 31.12.21
£ £ £ £ £
Resources Arising
Donations, Legacies and Similar 3a 67,579 0 0 67,579 67,947
Incoming Resources
Investment Income 3c 0 0 0 0 0
Other Incoming Resources 3d 19,673 0 0 19,673 6,811
Ark of the Ministry 0 0 0 0 0
Total Incoming Resources 87,252 0 0 87,252 74,758
Resources Used
Direct Charitable Expenditure
Grants Payable in Furtherance of 4a 18,661 38 0 18,699 8,655
the Charitable Objects
Costs of Activities in Furtherance 4b 47,057 0 0 47,057 37,122
of the Charitable Objects
Resources Expended on Managing 4c 1,915 0 0 1,915 1,417
and Administering the Charity
Total Resources Expended 67,633 38 0 67,671 47,194
Net Movement in Funds 19,619 (38) 0 19,581 27,564
Fund Balances b/fwd at 01.01.21 613,257 0 0 613,257 585,693
Transfers 0 0 0 0 0
Gains and Losses Building Valuation 0 0 0 0 0
Fund Balances c/fwd at 31.12.21 632,876 (38) 0 632,838 613,257

LAS

1 of 6

22/03/2023

Sedgley Community Sedgley Community Sedgley Community Church
Balance Sheet Notes 2022 2021
£ £ £ £
Fixed Assets
Tangible Assets 2 615,307 615,345
615,307 615,345
Current Assets
Debtors & Cash in Hand 5 44,075 43,109
Creditors:amounts falling due within one year 6 20,892 20,892
Net Current Assets 23,183 22,217
Total Assetsless current liabilities 638,490 637,562
Creditors:amounts falling due in more than a 7 5,652 24,305
year
Net Assets 632,838 613,257
Capital and Reserves
Income Funds:
General Fund 632,838 613,257
632,838 613,257

LAS

2 of 6

22/03/2023

Sedgley Community Church

Notes to the Accounts for the year ended 31st December 2022

1.Accounting Policies

(a) These accounts have been prepared on a accruals basis and include income which has been received or that is receivable at the year end.

(b) The recommendations of charities SORP have been followed in the preparation of these accounts.

2. Tangible Fixed Assets
Equipment
Cost
01-Jan-22
Revaluation
Cost at
31-Dec-22
Depreciation
01-Jan-22
Charge
Depreciation at
31-Dec-22
Net Book Value
31-Dec-22
Net Book Value
31-Dec-21
Land &
Building
£
615,089
615,089
0
0
0
615,089
615,089
Fixtures,
2022
Fitting &
Equipment
Total
£
£
47,912
663,001
0
0
47,912
663,001
47,656
47,656
38
38
47,694
47,694
218
615,307
256
615,345

The annual committements under non-cancelling operating leases and capital committements are as follows: 31st December 2022 : None 31st December 2021 : None

LAS

3 of 6

22/03/2023

Notes to the Accounts for the year ended 31st December 2022 (continued)

3. Incoming Resources
a) Donations, Legacies and Similar
Incoming Resources
Weekly Offerings
Gift Aid Donations
Other Gifts
b) Investment Income
Bank Interest
c) Other Incoming Resources
HMRC Tax Reclaimed
Youth Tuck Shop
Outside Organisations
Total Incoming Resources
Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2022
2022
2022
31.12.22
31.12.21
£
£
£
£
£
22,439
0
0
22,439
21,555
44,135
0
0
44,135
46,392
1,005
0
0
1,005
0
67,579
0
0
67,579
67,947
0
0
0
0
0
0
0
0
0
0
18,908
0
0
18,908
6,811
0
0
0
0
0
765
0
0
765
0
19,673
0
0
19,673
6,811
87,252
0
0
87,252
74,758

LAS

4 of 6

22/03/2023

Notes to the Accounts for the year ended 31st December 2022 (continued)

4. Resources Expended
a) Support Costs
Mortgage Interest
Utilities
Insurance
Repairs & Maintenance
Equipment Costs
Refreshments
Cleaning
Depreciation
Other
b) Costs of Activities in Furtherance of the
Charitable Objects
Ministry Fees
Pastoral Expenses
Church Outreach
Youth Outreach
Subscriptions
Conference
Ministry Gifts
Mission Giving
c) Resources Expended on Managing and
Administering the Charity
Administration
Professional Fees
Bank Charges
DBS Checks
Sundries
Total Resources Expended
5. Cash at Bank and in Hand
Cash at Bank & In Hand
HSBC Current Account
HSBC Monday Friendship Hour
HSBC Ark of the Ministry
Kingdom Bank Account
Debtors
Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2022
2022
2022
31.12.22
31.12.21
£
£
£
£
£
2,240
0
0
2,240
2,300
8,577
0
0
8,577
2,529
997
0
0
997
951
477
0
0
477
442
3,628
0
0
3,628
612
355
0
0
355
0
839
0
0
839
0
0
38
0
38
45
1,548
0
0
1,548
1,776
Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2022
2022
2022
31.12.22
31.12.21
£
£
£
£
£
2,240
0
0
2,240
2,300
8,577
0
0
8,577
2,529
997
0
0
997
951
477
0
0
477
442
3,628
0
0
3,628
612
355
0
0
355
0
839
0
0
839
0
0
38
0
38
45
1,548
0
0
1,548
1,776
18,661
38
0
18,699
8,655
35,384
0
0
35,384
32,975
262
0
0
262
0
1,415
0
0
1,415
3,114
0
0
0
0
23
1,010
0
0
1,010
1,010
2,251
0
0
2,251
0
1,725
0
0
1,725
0
5,010
0
0
5,010
0
47,057
0
0
47,057
37,122
1,036
0
0
1,036
892
525
0
0
525
525
150
0
0
150
0
204
0
0
204
0
0
0
0
0
0
1,915
0
0
1,915
1,417
67,633
38
0
67,671
47,194
31-Dec-22
£
0
43,944
0
0
131
0
44,075
31-Dec-21
£
0
42,978
0
0
131
0
43,109

LAS

5 of 6

22/03/2023

Notes to the Accounts for the year ended 31st December 2022 (continued)

6. Creditors: Amounts Falling Due Within One Year

6. Creditors: Amounts Falling Due Within One Year
Kindgom Bank Property Trust Mortgage
Tax and National Insurance
Independent Examiners Fees
31-Dec-22
£
20,892
0
0
20,892
31-Dec-21
£
20,892
0
0
20,892

7. Creditors: Amounts Falling Due In More Than One Year

Kindgom Bank Property Trust Mortgage
8. Staff Costs and Numbers
Gross Wages and Salaries
Employer's National Insurance Costs (incl above)
Pension Contributions
31-Dec-22
£
5,652
5,652
2022
£
0
0
0
0
31-Dec-20
£
24,305
24,305
2021
£
0
0
0
0

The Charity had no employee's during the financial year.

No employees received emoluments of over £60,000. (2020: None)

The Charity operates payroll under a PAYE scheme.

LAS

6 of 6

22/03/2023

SEDGLEY COMMUNITY CHURCH

BILSTON STREET

DUDLEY

DY3 1JB

Registered Charity: 1052785

STATEMENT OF ACCOUNT

AND

INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2022

Luke Silver Accountancy & Taxation Services 25 Ellicombe Close Minehead Somerset TA24 6DQ

Mobile: 07710 456376

E-mail: luke-silver@puresilver.org.uk

Independent Examiner’s Report on the Accounts

Accruals Accounts

Report to the trustees/members of Sedgley Community Church

Registered Charity Number 1052785

On the accounts for the year ended 31 December 2022

Set out on the following pages

Respective responsibilities of trustees and examiner

The charity¹s trustees are responsible for the preparation of the accounts. The charity¹s 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 needed.

It is my responsibility to: examine the accounts (under section 145 of the 2011 Act); follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act); and

state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

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

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed L A Silver

Date: 22 March 2023

Luke Silver HNC Business & Finance Accountancy Practitioner

25 Ellicombe Close, Minehead, Somerset. TA24 6DQ

Independent Examiners Report to the Trustees

Introduction

Thank you for submitting the accounts for independent examination. They have been well maintained and the Treasurer, and others responsible are to be commended for their hard work. Therefore I will keep my comments to a minimum.

Charity Law and Financial Regulations

The independent examination has been carried out in accordance with the Charities (Accounts and Reports) Act 2011 and the Accounting by Charities Statement of Recommended Practice (SORP).

Signing of Accounts

I shall be obliged if you will please forward a copy of the signature page for my records after the accounts have been signed by a representative appointed by the Trustees. A spare copy is enclosed.

Conclusion

There are no other matters I feel need to be brought to your attention.

Please do not hesitate to contact me for further clarification or for further assistance.

Luke Silver

Date: 22 March 2023

SEDGLEY COMMUNITY CHURCH

REPORT OF THE TRUSTEES OF FOR THE YEAR ENDED 31[ST] DECEMBER 2022

ACTIVITIES REVIEW

The financial results are set out in the enclosed accounts.

The principal activity throughout the year under review was that of the advancement of the Christian faith and the extension of the Kingdom of God.

REACH ALL AGE GROUPS IN THE COMMUNITY AND BEYOND WITH THE GOSPEL AND TO SEE CHRIST FORMED IN THEM, PROMOTE DISCIPLESHIP AND DEVELOP GIFTING IN EACH INDIVIDUAL IN ORDER TO ENCOURAGE MINISTRY THAT WILL TEACH THE WORLD.

TRUSTEES

The trustees during the year were as follows:

Stephen Hyde

Stephen Goodall

Andrew Bache

Joseph Ferris

STATEMENT

We certify that the books, vouchers and information produced to enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief.

SIGNED ON BEHALF OF THE TRUSTEES

Please print name:

Date:

Sedgley Community Church

Statement of Financial Activities for the year ended 31st December 2022

Notes Unrestricted Designated Restricted Total Total
Funds Funds Funds
2022 2022 2022 31.12.22 31.12.21
£ £ £ £ £
Resources Arising
Donations, Legacies and Similar 3a 67,579 0 0 67,579 67,947
Incoming Resources
Investment Income 3c 0 0 0 0 0
Other Incoming Resources 3d 19,673 0 0 19,673 6,811
Ark of the Ministry 0 0 0 0 0
Total Incoming Resources 87,252 0 0 87,252 74,758
Resources Used
Direct Charitable Expenditure
Grants Payable in Furtherance of 4a 18,661 38 0 18,699 8,655
the Charitable Objects
Costs of Activities in Furtherance 4b 47,057 0 0 47,057 37,122
of the Charitable Objects
Resources Expended on Managing 4c 1,915 0 0 1,915 1,417
and Administering the Charity
Total Resources Expended 67,633 38 0 67,671 47,194
Net Movement in Funds 19,619 (38) 0 19,581 27,564
Fund Balances b/fwd at 01.01.21 613,257 0 0 613,257 585,693
Transfers 0 0 0 0 0
Gains and Losses Building Valuation 0 0 0 0 0
Fund Balances c/fwd at 31.12.21 632,876 (38) 0 632,838 613,257

LAS

1 of 6

22/03/2023

Sedgley Community Sedgley Community Sedgley Community Church
Balance Sheet Notes 2022 2021
£ £ £ £
Fixed Assets
Tangible Assets 2 615,307 615,345
615,307 615,345
Current Assets
Debtors & Cash in Hand 5 44,075 43,109
Creditors:amounts falling due within one year 6 20,892 20,892
Net Current Assets 23,183 22,217
Total Assetsless current liabilities 638,490 637,562
Creditors:amounts falling due in more than a 7 5,652 24,305
year
Net Assets 632,838 613,257
Capital and Reserves
Income Funds:
General Fund 632,838 613,257
632,838 613,257

LAS

2 of 6

22/03/2023

Sedgley Community Church

Notes to the Accounts for the year ended 31st December 2022

1.Accounting Policies

(a) These accounts have been prepared on a accruals basis and include income which has been received or that is receivable at the year end.

(b) The recommendations of charities SORP have been followed in the preparation of these accounts.

2. Tangible Fixed Assets
Equipment
Cost
01-Jan-22
Revaluation
Cost at
31-Dec-22
Depreciation
01-Jan-22
Charge
Depreciation at
31-Dec-22
Net Book Value
31-Dec-22
Net Book Value
31-Dec-21
Land &
Building
£
615,089
615,089
0
0
0
615,089
615,089
Fixtures,
2022
Fitting &
Equipment
Total
£
£
47,912
663,001
0
0
47,912
663,001
47,656
47,656
38
38
47,694
47,694
218
615,307
256
615,345

The annual committements under non-cancelling operating leases and capital committements are as follows: 31st December 2022 : None 31st December 2021 : None

LAS

3 of 6

22/03/2023

Notes to the Accounts for the year ended 31st December 2022 (continued)

3. Incoming Resources
a) Donations, Legacies and Similar
Incoming Resources
Weekly Offerings
Gift Aid Donations
Other Gifts
b) Investment Income
Bank Interest
c) Other Incoming Resources
HMRC Tax Reclaimed
Youth Tuck Shop
Outside Organisations
Total Incoming Resources
Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2022
2022
2022
31.12.22
31.12.21
£
£
£
£
£
22,439
0
0
22,439
21,555
44,135
0
0
44,135
46,392
1,005
0
0
1,005
0
67,579
0
0
67,579
67,947
0
0
0
0
0
0
0
0
0
0
18,908
0
0
18,908
6,811
0
0
0
0
0
765
0
0
765
0
19,673
0
0
19,673
6,811
87,252
0
0
87,252
74,758

LAS

4 of 6

22/03/2023

Notes to the Accounts for the year ended 31st December 2022 (continued)

4. Resources Expended
a) Support Costs
Mortgage Interest
Utilities
Insurance
Repairs & Maintenance
Equipment Costs
Refreshments
Cleaning
Depreciation
Other
b) Costs of Activities in Furtherance of the
Charitable Objects
Ministry Fees
Pastoral Expenses
Church Outreach
Youth Outreach
Subscriptions
Conference
Ministry Gifts
Mission Giving
c) Resources Expended on Managing and
Administering the Charity
Administration
Professional Fees
Bank Charges
DBS Checks
Sundries
Total Resources Expended
5. Cash at Bank and in Hand
Cash at Bank & In Hand
HSBC Current Account
HSBC Monday Friendship Hour
HSBC Ark of the Ministry
Kingdom Bank Account
Debtors
Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2022
2022
2022
31.12.22
31.12.21
£
£
£
£
£
2,240
0
0
2,240
2,300
8,577
0
0
8,577
2,529
997
0
0
997
951
477
0
0
477
442
3,628
0
0
3,628
612
355
0
0
355
0
839
0
0
839
0
0
38
0
38
45
1,548
0
0
1,548
1,776
Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2022
2022
2022
31.12.22
31.12.21
£
£
£
£
£
2,240
0
0
2,240
2,300
8,577
0
0
8,577
2,529
997
0
0
997
951
477
0
0
477
442
3,628
0
0
3,628
612
355
0
0
355
0
839
0
0
839
0
0
38
0
38
45
1,548
0
0
1,548
1,776
18,661
38
0
18,699
8,655
35,384
0
0
35,384
32,975
262
0
0
262
0
1,415
0
0
1,415
3,114
0
0
0
0
23
1,010
0
0
1,010
1,010
2,251
0
0
2,251
0
1,725
0
0
1,725
0
5,010
0
0
5,010
0
47,057
0
0
47,057
37,122
1,036
0
0
1,036
892
525
0
0
525
525
150
0
0
150
0
204
0
0
204
0
0
0
0
0
0
1,915
0
0
1,915
1,417
67,633
38
0
67,671
47,194
31-Dec-22
£
0
43,944
0
0
131
0
44,075
31-Dec-21
£
0
42,978
0
0
131
0
43,109

LAS

5 of 6

22/03/2023

Notes to the Accounts for the year ended 31st December 2022 (continued)

6. Creditors: Amounts Falling Due Within One Year

6. Creditors: Amounts Falling Due Within One Year
Kindgom Bank Property Trust Mortgage
Tax and National Insurance
Independent Examiners Fees
31-Dec-22
£
20,892
0
0
20,892
31-Dec-21
£
20,892
0
0
20,892

7. Creditors: Amounts Falling Due In More Than One Year

Kindgom Bank Property Trust Mortgage
8. Staff Costs and Numbers
Gross Wages and Salaries
Employer's National Insurance Costs (incl above)
Pension Contributions
31-Dec-22
£
5,652
5,652
2022
£
0
0
0
0
31-Dec-20
£
24,305
24,305
2021
£
0
0
0
0

The Charity had no employee's during the financial year.

No employees received emoluments of over £60,000. (2020: None)

The Charity operates payroll under a PAYE scheme.

LAS

6 of 6

22/03/2023