| Page | |||
|---|---|---|---|
| Legal and Administrative | Information | .. | |
| Report ofthe Trustees. | 3-11 | ||
| Independent Examiners |
Report. . | 12 | |
| Statement ofFinancial Activities (SOFA) | 13 | ||
| Balance Sheet. | 14 | ||
| Notes to the Accounts. .. | 15-22 |
| & manageme | nt ofthe Trust |
. | |||
|---|---|---|---|---|---|
| Leaders: | Chris Matthews | ||||
| Tim Brown | |||||
| Ben Evans | |||||
| Helen Hunter | |||||
| Andy Hunter | |||||
| Chris Bidder | |||||
| Mandy Bayton | |||||
| Trustees: | Paul Flynn (Chair) | ||||
| Chris Matthews | |||||
| Tim Brown | |||||
| Kristina Williams | |||||
| Rachel Percival | |||||
| Tracy Ingham (Finance Manager) |
|||||
| Kate Piper | |||||
| Simon Groves | |||||
| Independent | Examiner. | Ashmole 8 Co. Chartered |
Certified | Accountant | |
| The Old School | |||||
| The Quay | |||||
| Carmarthen | |||||
| SA31 3LN | |||||
| Bankers: | Royal Bank of Scotland, 13-14Walter Road, Swansea. | SA1 5NG. | |||
| CAF Bank, Kings Hill, West Mailing, |
Kent. ME194TA. | ||||
| Swansea Building Society |
|||||
| Virgin Money pic., Jubilee | House, Gosforth, Newcastle | upon Tyne, NE3 4PL |
| for year ending 31 De | c | enk | te | r 2022 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restl'icted | ||||||||||||
| Note | Funds | Funds | Total Funds | last | year | ||||||||
| INCOMING RESOURCES | |||||||||||||
| Voluntary Income |
|||||||||||||
| General donahons and |
tax | 111091 | 24458 | 135549 | 145670 | ||||||||
| General grants and other incorre |
2200 | 2200 | 780 | ||||||||||
| Donations from various |
activities | 1177 | 2125 | 1427 | |||||||||
| Activities for generating | funds | ||||||||||||
| Cafe sales | 985 | 1255 | 2239 | 414 | |||||||||
| Inve | atm ant In corne | ||||||||||||
| Bank hterest Received | 281 | 281 | 60 | ||||||||||
| Incoming resources from |
Charitable | Activities | |||||||||||
| Tow ards special projects | 33930 | 21684 | |||||||||||
| Tow ards running costs |
1740 | 1740 | 2160 | ||||||||||
| Rental of hak/roorrs | 22728 | 22728 | 13827 | ||||||||||
| Rental tow ards costs of fhts | 11700 | 11700 | 12300 | ||||||||||
| Grants towards provision |
of | charkable | activites | 101654 | 101654 | 123577 | |||||||
| TOTAL INCOMING RESOURCES |
152009 | 162137 | 314145 | 321900 | |||||||||
| REBOLkkCES EXPEhDED | |||||||||||||
| Costs ofgenerating voluntary |
income | ||||||||||||
| Hospkakty | 665 | ||||||||||||
| Adninistration | 339 | 339 | 307 | ||||||||||
| Fundraising Trading Costs |
|||||||||||||
| Cost of stock | 116 | 1101 | 389 | ||||||||||
| Cost ofcafe resources | 1376 | 1835 | 3210 | 614 | |||||||||
| Investment Management |
Costs | ||||||||||||
| Bank charges | 107 | 13 | 119 | 115 | |||||||||
| Expenditure on Charitable |
Activities | ||||||||||||
| Hospkality | 20 | ||||||||||||
| Support Costs | 9304 | 15298 | 24603 | 13275 | |||||||||
| Adrrfnistratbn | 1468 | 1468 | 1332 | ||||||||||
| Staff Wages, Salaries and Associated | Costs | 6,7 | 79028 | 114435 | 193462 | 169222 | |||||||
| Gifts and Grants | 11838 | 12902 | 10070 | ||||||||||
| Project Resources | 8903 | 9525 | 13203 | ||||||||||
| Rent, Rates, Light 8 Heat | 10205 | 12977 | 23182 | 17022 | |||||||||
| Mes loll tops | 923 | 923 | |||||||||||
| Governance Costs |
|||||||||||||
| Admh for trustee imetings | 8 | accounts | w ork | 11014 | 11014 | 9992 | |||||||
| Support Costs | 600 | 600 | 700 | ||||||||||
| Trustee Expenses | |||||||||||||
| ha urance | 5151 | 1400 | 6551 | ||||||||||
| I/brtgage Interest |
1648 | 702 | |||||||||||
| Bukling redevelopnent | costs | 24655 | 24655 | 21899 | |||||||||
| Depreciation | 9500 | 9500 | 9500 | ||||||||||
| Subscriptions, Licences |
8Fees | 5740 | 3289 | 9029 | 5621 | ||||||||
| Chaning and Bukling Maintenance |
36 | 15468 | |||||||||||
| Securky, Heakh and Safety |
2938 | 2938 | 1870 | ||||||||||
| hdependent exanintion |
1056 | 1056 | 1420 | ||||||||||
| TOTAL RESOLktCES EXPB43ED | 162043 | 185092 | 347135 | 299342 | |||||||||
| NET INCOMING REBOIKCES | Before transfers | -10035 | -22955 | -32990 | 22558 | ||||||||
| MOVEMENTS IN FUKS |
|||||||||||||
| Transfers between funds |
33155 | -33155 | |||||||||||
| Gains/Losses on Revaluation |
of Fixed | Assets | |||||||||||
| Other recognaed gains/ |
losses | ||||||||||||
| MOVEM IN FUNDS |
120 | -5611 | 89 | 22 | |||||||||
| TOTAL Fuhns BRDUGHT FORWARD |
522619 | 174308 | 696926 | 674368 | |||||||||
| TOTAL FUNDS ARRIED FORWARD |
545739 | 118198 | 663937 | 69 |
| Linden Church Trust Accounts for year end Balance Sheet |
Linden Church Trust Accounts for year end Balance Sheet |
ing Dece | mber 2022 | Charity | Number:1 | |
|---|---|---|---|---|---|---|
| As at 31st December 2022 | ||||||
| Unrestricted | Restricted | |||||
| FIXEDASSETS | Note | Funds | Funds | Total Funds | last year | |
| Tangble Assets | 609223 | 609223 | 617522 | |||
| CURRENT ASSETS | 10.1 | |||||
| Stock and w ork in progress | ||||||
| Debtors &Prepaynents |
7851 | 7851 | 17395 | |||
| (Short term) nvestrrents | ||||||
| Bank &Cash | -5097 | 118198 | 113101 | 134021 | ||
| 2754 | 118198 | 120952 | 151417 | |||
| CURRENT LIABILITIES | ||||||
| Creditors (due w ilhh one year) &Accrues |
29110 | 29110 | 23621 | |||
| 29110 | 29110 | |||||
| NET CURR69rr ASSETS | -26356 | 118198 | 91842 | 127796 | ||
| TOTAL ASSETS LESSC(6IRENT LIABILITIES | 582867 | 118198 | 701065 | 745317 | ||
| Debtors due after one year | 10.2 | |||||
| Creditors due after one | year | 11.2 | 37129 | 37129 | 48392 | |
| Provisions for Liabilities |
& Charges | |||||
| TOTAL bETASSETS | 545738 | 118198 | 663937 | 696926 | ||
| FUNDS OFTHE CHARITY | 13 | |||||
| Unrestricted Funds |
495738 | 495738 | 472618 | |||
| Working Reserve | 50000 | 50000 | 50000 | |||
| Designated funds |
||||||
| Restricted Incorre Funds |
118198 | 118198 | 174308 | |||
| TOTAL FI9635 | 545738 | 118198 | 663937 | 696926 |
| Support Costs are | as follows: | THIS YEAR | THIS YEAR | LAST YEAR | |||
|---|---|---|---|---|---|---|---|
| unrestricted | Funds- | Governance | Restricted | ||||
| charitable | activi | costs | Funds | TOTAL | TOTAL | ||
| Stabonery and postage Telephone and Internet Speakers and Volunteer |
Expenses | 241 1080 480 |
300 300 |
4536 | 5077 1380 603 |
2465 1308 494 |
|
| Other resources/ books Courses and training Travel expenses |
small equipment | 2710 1415 3379 |
7078 824 |
9788 2239 5724 |
6261 1809 |
||
| Advertlsi | 391 | 391 | 880 | ||||
| 69304 | 9600 | 615298 | 625203 | 513,975 |
| This Year | Last Year | ||||
|---|---|---|---|---|---|
| Gross Wages, salaries and benefits | in kind | 144342 | 131256 | ||
| Employer's National |
Insurance costs | 10785 | 8307 | ||
| Pension Costs | 4962 | ||||
| 160795 | 144525 |
| Area ofem | I | ent | This Year | Last Year | |
|---|---|---|---|---|---|
| Fundraisin | 0.11 | 0.13 | |||
| Charitable | Activities | ||||
| Governance | 0.69 | 0.69 | |||
| 4.T1 |
| This Year | Last Year | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| The The |
costs of amount |
the scheme to the of an contributions |
chari for the outstandi |
at | ear the |
ear end | 5669 | 4962 | ||
| The | amount | ofan | contributions | re | aid at the | earend | 678 | 1630 |
| Purpose for which |
grants made | grants made | Grants to institutions |
Grants to individuals |
||
|---|---|---|---|---|---|---|
| Zambia - Mutende | project (via Care ofZambia) | f6,251 | ||||
| Hardship support gift to Tl |
f1,250 | |||||
| Hardship support gift to SH |
f1,475 | |||||
| Smaller gifts in line | with charitable | purpose | f2,304 | f1,622 | ||
| f6,555 | f4,347 | |||||
| f12,902 | ||||||
| Assets | ||||||
| Freehold | Fixtures | |||||
| Land and Buildings |
Fittings and Equipment |
IT Equipment |
TOTAL | |||
| Cost or valuation | ||||||
| Opening Balance Cost |
f775,000 | f36,267 | f12,773 | f824,059 | ||
| Additions m Year |
F3,606 | f3,608 | ||||
| Revaluations | ||||||
| Disposals in Year |
||||||
| Closing Balance at | Cost | 6776,000 | f36,287 | f16,380 | f827,667 | |
| Accumulated depreciation |
and | |||||
| im airment revisions |
||||||
| Opening Accumulated De reciation |
F161,500 | f36,287 | f6,751 | f206,538 | ||
| Depreciation charge |
for year | f9,500 | f11,906 | |||
| Revaluations | ||||||
| Released on Disposal | ||||||
| Closing Accumulated De reciation |
f171,000 | 636,287 | f11,157 | f21S,443 | ||
| Closing Net Book Value | 8604,000 | fo | f5,223 | f609,223 |
| This Year | Last Year | ||||
|---|---|---|---|---|---|
| Trade debtors | E1,265 | E12,340 | |||
| Amounts from |
subsidiary | and associated | undertakings | ||
| Other debtors | E5,531 | E5,080 | |||
| Prepaymants | ahd accrued | income | E1,055 | ||
| E7,851 | E14,042 |
| This Year | last Year | ||
|---|---|---|---|
| Loan ahd overdrafts | (saa note 11.3) | E12,615 | E11,706 |
| Trade ct'editors | EO | ||
| Other creditors | E2,187 | ||
| Accruals ahd deferred | income | E11,952 | E9,728 |
| E29,110 | E23,621 |
| This Year | Last Year | ||||||
|---|---|---|---|---|---|---|---|
| Loan | ahd | overdraits | (saa | note | 11.3) | E37,129 | E48,392 |
| E37,129 | E48,392 |
| Amount outstanding |
Amount outstanding |
year ahd 2022: | E49,745 |
|---|---|---|---|
| Payments | dua in 2023: | E12,615 | |
| Oua longer | term: | E37,129 | |
| Term Left | 4Years |
| e follo | w | ing amounts were paid to tru |
stees as salary as permitted in th |
e Trust Deed: |
|---|---|---|---|---|
| Name | This Year | Last Year | ||
| Chnsto | har Matthews | E17410 | E15706 | |
| Kristina | Wllgams | E21 472 | E19489 | |
| Tra | I | ham | 8.17950 | E16245 |
| Fund | Fund | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| balances | balances | |||||||||||||
| brought | Incoming | Outgoing | cerned | |||||||||||
| forward | resources | resources | Transfers | forward | ||||||||||
| Unrestricted | Funds: | |||||||||||||
| Main fund | 471707 | 109196 | -109002 | 23839 | 495739 | |||||||||
| Swansea Coun |
Coundl | 2200 | -2200 | |||||||||||
| Mission Tri | -155 | 2662 | ||||||||||||
| Bugdin s-Linden |
Red Flats &P | 2 | 1068 | 36168 | 3326 | |||||||||
| Red Events | 465 | |||||||||||||
| Youth &Children's | work (Incl schools | |||||||||||||
| work & P& | 919 | -7074 | 6155 | |||||||||||
| Total Unrestricted | 472619 | 152009 | -162044 | 33155 | 496739 | |||||||||
| Fund | Fund | |||||||||||||
| balances | balances | |||||||||||||
| brought | Incoming | Outgoing | carried | |||||||||||
| forward | resources | resources | Transfers | forward | ||||||||||
| Desi noted &Restricted |
funds: | |||||||||||||
| Red Youth Work | ||||||||||||||
| WCVA VSRF grant | 2085 | -2085 | ||||||||||||
| VSEFSwansea | Council | |||||||||||||
| Mumbles Community |
Council/ | Swansea | ||||||||||||
| CC | 3000 | 3250 | -6250 | |||||||||||
| WG Youth Support | 3396 | -3396 | ||||||||||||
| The Biilland Charitable | Trust | (from | ||||||||||||
| Trsnsibon) | -500 | 500 | ||||||||||||
| The Leigh Trust (from | Transition) | -2000 | 20DD | |||||||||||
| Youth cafe sales | & other | income | 2580 | 1255 | 4130 | |||||||||
| 11061 | 4505 | -18361 | 2500 | -296 | ||||||||||
| Spotlight | ||||||||||||||
| Heritage Latin/y |
9953 | -6362 | ||||||||||||
| -6362 | 3591 | |||||||||||||
| Red I/ladle (incl |
Down | to Earth) | ||||||||||||
| Catalydd (for the |
James | Project) | 0 | |||||||||||
| National Lottery Awards |
for Ag | 7500 | ||||||||||||
| D2E (Invoiced) | 0 | 4300 | -4300 | |||||||||||
| Didymus CIO (from |
Transition | for "This | is | |||||||||||
| Me) | -3000 | 3000 | ||||||||||||
| General donations | & other | income | 758 | 14006 | -4535 | |||||||||
| 8258 | 18306 | -11835 | 3000 | 17729 | ||||||||||
| Wellebing | ||||||||||||||
| 29th May 1961Charitable | Trust (from | |||||||||||||
| Transition) | -2000 | 2000 | ||||||||||||
| Bay Cluster | 600D | -2000 | ||||||||||||
| General donations | 500 | -344 | ||||||||||||
| 6500 | 200D | 4156 | ||||||||||||
| Holiday Playscheme | ||||||||||||||
| SCC CYP Fund | 3000 | -3000 | ||||||||||||
| General donations | 658 | -1222 | ||||||||||||
| 3658 |
| Musical Memories | Musical Memories | - West Cross | - West Cross | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ICF | 25672 | -25672 | ||||||||
| Hertiage Lottery |
||||||||||
| WCVA VSRF grant | ||||||||||
| VSEFSwansea Council | ||||||||||
| Forget-Me-Not | ||||||||||
| Admiral | ||||||||||
| Utleyl Paul & Nik | Harvey | Foundation | ||||||||
| Welsh Government | (covid bonus payment) | |||||||||
| Sancta Maria | 9000 | -9000 | ||||||||
| Mercers Company | 5000 | -5000 | ||||||||
| Didymus CIO (from |
Transition) | -4707 | 4707 | |||||||
| Wesleyan foundation |
(underspend | from | ||||||||
| Bloom) | -2065 | 2065 | ||||||||
| General donations | 32817 | 5025 | 6150 | |||||||
| 32817 | 44697 | H2594 | 6772 | 31693 | ||||||
| Foodbank | ||||||||||
| RCF (Invoiced) | 15288 | |||||||||
| Swansea CC, incl | Direct Food Support | fund | 2655 | -2655 | ||||||
| General donations | 8 other income | 36259 | 18464 | -18581 | ||||||
| 36259 | 36408 | -21237 | 61430 | |||||||
| COVID19 Emergency Kitchen |
||||||||||
| General donations | & other income | 907 | ||||||||
| 907 | 907 | |||||||||
| Community Meals |
||||||||||
| General donations | 415 | -1535 | ||||||||
| 415 | -1535 | -1120 | ||||||||
| Bloom | ||||||||||
| Weslyan FoundaNon |
-2065 | |||||||||
| General donations | 3421 | 190 | -360 | |||||||
| 3421 | 190 | -360 | -2065 | 1186 | ||||||
| Tmnsltloll | ||||||||||
| Lancaster Foundation | ||||||||||
| Didymus CIO |
7707 | -7707 | ||||||||
| The Britland Charitable Trust |
500 | -500 | ||||||||
| The Leigh Trust | 2000 | -2000 | ||||||||
| 29th May 1961Charitable | Tmst | 2000 | -2000 | |||||||
| General donaNons |
38471 | -270 | -38201 | |||||||
| 50678 | -270 | |||||||||
| Presence | ||||||||||
| Lancaster Foundation | 10733 | 37123 | -38935 | |||||||
| General donations | & | other | income | 383 | -383 | |||||
| 10733 | 37506 | -39318 | 8922 | |||||||
| Building Re-development | ||||||||||
| People's Postcode | Lottery | 19924 | -24406 | |||||||
| General donations | & other | income | 249 | -249 | ||||||
| 20173 | ||||||||||
| Total Restricted 8 | Desi nated | 174308 | 162137 | -185091 | -33155 | 118198 | ||||
| Workln Reserve |
50000 | 50000 | ||||||||
| Total for all Funds | 696926 | 314145 | -347135 | 0 | 663937 |