REGISTERED COMPANY NUMBER: 03769753 (England and Wales) REGisfERED CHARITY NUMBER: 1076491 REPORT OF THE TRUSTEE5 AND FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 WA1&4Li COMMUNttY CHURCH (A COMPANY UMITED BY GUARAP4TEE) Lowson Ward Chartered Accountants 292 Wake Green Road Blrmingham B13 9QP
WALSALL COMMUNITY CHURCII CONTEKfs OF THE FINANCIAL STATEM£Krs FOR THE YEAR ENDED 31 MARCH 2022 Pa8e Report ofthe Trustee5 I to 4 Indopendent ExamSn•r's Report St4temTht of Flnanclal Actmtles Balance Sheet Notes to the FIn•1 Statem 9 to 17 Detslled Statemnt of Flnanclal Artl¥ltles 18 to 19
WALSALL COMMUNITY CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 The trustees who are also dirertors of the charity for the purp¢)ses of the Companbes Act 26, present their report with the flnancial statements of the chèrlty for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191. OBJEcfivES AND AcnvmES Objertlves and alms The company is a charity havin8 overall objectlves to:_ al advance the Christian faith bl relleve persons in hardship cl advance education in accor¢Jance wlth Christian principles dl provide facilities for recreation el give help and advlce on welfare benefits and personal debt mana8ement. fl relieve persons who ère experiencin8 mental or emotional sufferin8 gl promote and fulfll other charitable purposes beneficial to the community As a commLTrnity church we endeèvour to be in the community. for the community. Our mission is to fulfil the commission given to us by Jesu5 Christ in being the Gospel18ood news) by word and by our action5. Regular meetin8s and gatherings of people take place on Sundays and at other tlmes, to teach Chrlstlan falth. Small groups tsklng place In locallsed area5 form a foundatlon for church rtabllity and growth. We run a chlldren's and youth programme. We also serve our communlty through the following.. - Money Advlce Project to advise people in the community about beneffts. debt management and related Issues. "Oial-a-friend" helping people in a practical Vb7Y Family Fun days Alpha courses, explainln8 the Christian faith ' Working with the Black Country Food Bank ' Reaching OLrt to the Asian community ' Big Feed- meals for homeless and socially deprlved Working with the Neighbours Worldwide team in English Teaching aasses for speakers ol other languages from a number of countries. ' Other varied ways in which members of Walsall Community Church are helping people, neighbours in the communty both splrltually and with practical issues. Page I
WAL&4LL COMMUNrrY CHURCH REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH 2022 OBJEcfivES AND AcnvmES 5ignifiunt artlvities Achlevements through0 the year Government "lockdowrt" restrirtions due to the Covid-19 pandemk began to ease in September 2021, which allowed gathering together of the congregation for Sunday morning worship at the Goldrnine Centre, albeit, initially with some restrictions Iwearing masks, etcl. These restrictlons eased further later in the year. "Zoom" Ilve video of the meetirw has continued for the benefit of people who are unable to attend due to illness, vulnerabllity, a8e, eto A number of "new arrivals" have joined the congregatlon. The Coalpool church contlnue with Zoom meetings in the maln and wlth 50ffle Smaller gatherings taking place. Currently. the Coalpool church does not have a SLSitable venue for all the congregation to 8ather. Other meetings have begun to gather tO8ether as easing of restrictlons have allowed The '8ig Feed" prolect which was closed due to lockdown restrictions ha5 now been closed down. Alternative community Olltreach. to replace the Big Feed, is being conSided but not yet finalised. The Mldland Road Chapel building IMRCI. previou5 venue of the Big Feed. has been glfted to Walsall Community Church by the retiring trustees of MRC although under a separate Trus¢ for community outreach actSvltles. The Walsall Money Advice Prolert IWMAPI operated wlth restrictions in place at beginnin8 of the year but followbng easinB of government restrictions has been able to return to norm31 operatlons where posslble. Clients continued to be referred from WATMOS Community Homes and Accord Housing Association. Other clients (outside these groups) were also helped. WMAP continues to work alongside the Black Country Food Bank, with increasing Snvolvement in day to day runnin8. Walsall Communlty Church supports and contributes towards the work of Trans4m Intematlonal, an associate charity working with overseas churches and communlty prolects. WCC also made donatlong to support outreach and needs In Paklstsn and Ukraine. The Table café has had a reasonably SLbccessful year and, although it operates as a separate Communitv Interest Company ICICI, it is intentional In creatin8 a Godly spiritual atmosphere and as 3 'door" to jesus Chrlst and the church. PUBUC BENEFIT The maln activlties undertaken by the charlty further the charity, purpose for the publlc beneflt. The trustees have had regard for guidance on public benefiL VOLuKfEERS WCC is grèteful to all individuals within the churth who have gbven theirtime and used their tslents to brln8 the Kingdom of God on earthl FINANCIAL REVIEW Flnan¢ial posltlon WCC Is grateful to indfvlduals contributlng by tlthes and offerings Thanks. also. to organisations whlch have contributed. Total funds brought fonward from the previous year were at a healthy level. establishing a strong basis to support the work of the charity. Regular giwng income Itithes. offerings, special offering) shows 11.6% increase over last year's giving le¥cludinB WMAPI. Fundin8 for WMAP was mostly received from WATMOS Community Homes, Accord Housing Association. The Black Country Food Bank. Lottery and Walsall Council. 'My God will meet all your needs accordin8 to his glorious riche5 in Christjesus" (Philippians 4v191 Page 2
WALSALL COMMUNITY CHURCH REpoi¥f OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 FINANCIAL REVIEW Reserves policy Total reserves at the year end stood at £352,91312021 - £345.4431. Unre5trirted resetves were £323,434 12021- £329,565) ad restrirted reserves £29,47912021- £15.8781. The Trustees have considered the Charity's reserves, bearing in mind the likelihood of any contingencies. which might arlse. They believe a wlicy of maintsining urbrestricted reserves at a level equivalent to six months, budgeted expenditure is appropriate at the present time. Thls wlll continue to be reviewed annually. STRucfuRE, GOVERNANCE ANO MANAGEMErir GoverTrlrq document Memorandum and Articles of Association incorporated 13 May 1999 Charlty nStItUtIOn The Company was incorporated on 13 May 1999 and re8lstered as a charTty with the Charity Commission on 12 July 1999. The company is limited by guarantee. Re¢rultm•nt and appolntment of new trustees Appointment of the trLtstees is made in accordance wlth paragraph5 30 to 37 of the Articles of As50ciatlon. The trustees are also directors for the purpose of the Companies Act. SMALL COMPANY PROVISIONS Thls report has been prepared in accordance with the speclal provi51ons for small companles under part Vll of the Companles Act 1985. REFERENCE ANO ADMINISTRATIVE DETAILS R•glstered Company number 03769753 IEngland and Walesl RegSstered Charlty number 1076491 Re8Sstered office 33 Lower H311 Lane Walsall West Midlands WSI IRL Trustees Mrs G boot Mrs K L Clark MrNCDean Mrs SA Fonka Mr M R Heaton MrSMKirk MrT N Summersbv Mr D Thakker (appointed 14.12.20211 Page 3
WALSALL COMMUNtTY CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 REFERENCE AND ADMINISTRATIVE oAlL5 Independent Examlner Lowson Ward Chartered Accountants 292 Wake Green Road Birmingham B13 9QP Approved by order of the board of trustees on 12 December 2022 and signed on its behalf by.. Mr T N Summersby- Trustee Pa8e 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WALSALL COMMUNITY CHURCH Independent examinerfs report to the trtee5 of Walsall Communlty Churth llhe Compan I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022. Responslbllltles and basls of repixt As the ¢harity'5 trustee5 of the Company land a150 its directors for the purposes of compary lawl you are responsible for the preparation of the accounts in accordance wf(h the requirements of the Companies Art 20061'the 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Art and are eligible for independent examination. I report in respect of my examinatlon of your charity's accounts as carried out under section 145 of the Charities Art 20111'the 2011 Act'l. lft carrying OLtt my examination I have followed the Directions given by the Charity Commission under sertion 145151 Ibl of the 2011 Act. Independent oxamIn•$ statement I have completed my examinatlon. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe- accounting records were not kept In respect of the Compary as required by sertion 386 of the 2006 Act; or the accounts do not accord wrth those records- or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts gNe a tn and fair view which is not a matter considered as part of an independent examination; or the accounts have not been PTepared in accordance with the methods and prfnclples of the Statement of Recommended Practice for accountin8 and reporting by charities lapplicable to charltles preparing their accounts in ?ccordance wlth the Flnancial Reporting Standard appllcable In the UK and Republlc of Ireland IFRS 1021)- I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understandin8 of the accounts to be reached. Philip Ward FCA Institute of Chartered Accountants in England and Wales Lowson Ward Chartered Accountants 292 Wake Green Road Birmingham B13 9QP 12 December 2022 Page 5
WALSALL COMMUNrrY CHURCH STATEMEKf OF FINANCIAL ACTMllES IINCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2022 3V3122 Total fund5 3113121 Total funds Unrestrfcted Restrlcted fund funds Notes INCOME AND ENDOWMENTS FROM Donatlon5 and legacles 150.110 47,534 197,644 197,282 Investment Income Other Income 4.315 315 14,278 114,515 Total 154A25 47,534 201,959 326,075 EXPENDITURE ON Charitable artlvltles Charitable actlvltie5 Mana8ement and admi51Stration 143.5Z8 ii.ln 39,775 14 183.30J 11.186 223,752 5,216 Total 154,7LX) 39,789 194,489 228,968 NEf INCOMVIEXPENDITUREI 12751 7.745 7,470 97,107 Transfers between funds 12 {5.8561 s$6 Net movement In fvnds 16,131) .601 7,470 97,107 RECONCILIATION OF FUNDS Total funds brought lowward 3295 IS78 345,443 248.336 TOTAL FUND5 CARRIED FORWARD 323A34 29A79 352,913 345,443 The notes forni part of these financial ststements Page 6
WALSALL COMMUNtfY CHURCH BALANCE SHEET 31 RCH 2022 3V3122 Total funds 3113121 Total funds Unre5trirted Restrlcted fund funds Note5 FIXED ASSEfS Tangible assets 163.091 163,171 163.341 CURRENT ASSETS Debtors Cash at bank and in hand 15313 163WI 15,213 192.%80 12,236 221,493 29,399 178,794 29.399 208,193 233.729 CREDITORS Amounts falling due within one year io 118N51) 118.451) 151,6271 NET CURRENT ASSETS 160.343 29399 189,742 182,102 TOTAL ASSETS LESS CURRENT UABIUTIES 323Aa4 29,479 352,913 345,443 NET ASSETS 323,434 29.479 352.913 345,443 FUNDS Unrestrlcted funds Restrlcted funds 12 323,434 29,479 329,565 15,878 TOTAL FUNDS 352,913 345,443 The charitable company is entitled to exemption from audit under Se¢tion 477 of the Compan$ Act 21x16 for the year ended 31 March 2022. The members have not required the company to obtain an audit of rts financlal statements for the year ended 31 March 2022 in aCCordare wlth Section 476 of the Companies Act 2(Xl6. The trustees acknowledge their responsibilities for ensurlng that the charitable company keeps accounting records that comply wfth Sectlons 386 and 387 of the Companies Art 2006 and Ibl preparinB financial statements which 8lve a true and falr view of the state of affair5 of the charitable company as at the end of each financial year and of Tts surplus or deficlt for each financial year in accordance with the requirements of Sertions 394 and 395 and whlch otherwise comply with the requirements of the Companies Act 26 lating to financial statements. so far as applicable to the charitable mpany. The notes fom part of these financial statements Page 7
wALL COMMUNtTY CHURCH BALANCE SHEEf. Continued 31 MARCH 2022 These financlal statements have been prepared in accordance with the provisions applicable to charitable companies subjert to the small companies re8ime. The financial statements were approved by the Board of Trurtee5 and authorlsed for Issue on 12 December 2022 and were signed on its behatf bv= Mr T N Summersby- Trustee The notes form part of these financial statements Page 8
WALSALL COMMUNtrY CHURCH NOTES TO THE FINANCIAL STATEmEPs FOR THE YEAR ENDED 31 MARCH 2022 ACCOUP4TING POUCIES Basis of preparlngthe financlal Statements The financial statements of the charttable company. which is a public benefit entlty under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities-. Statement of Recommended Prartice applicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191,, Financial Reporting Standard 102 The Financial Reportin8 Standard applicable in the UK and Republic of Ireland, and the Companies Act 26. The finanaal statements have been prepared under the hon¢al cost conventlon. Income All Income Is recognised In the Statement of Flnanclal Activities once the charity has entitlement to the funds, it Is probable that the income will be reCeId and the amount can be measured reliably. Expendlture Ls'abilities are recognlsed as Èxpenditure as soon as there Is a legal or constructive obllgatlon committlng the charty to that expenditure, tt is probable that a traftsfer of economic benefits will be required in settlement and the amourrt of the obligation can be measured rellably. Expendlture is accounted for on an accruals basls and has been classified under headings that aBgregate all cost related to the category. Where costs tannot be directly attributed to particular headirbgs they have been allocated to activities on a basis consistent with the use of resources. Tanilbl• fix assets Depreciation 15 provided at the followlng annual rates in order to wrhe off each asset over Its estlmated useful lrfe. Flxtures and fittings Motor vehicles 15% on reducing balance 25% on reduclng balance Taxatlon The charltyls exempt from corporatlon tax on Its charitsble actNltles. Fund accountlrvx Unrestricted funds can be used In accordance wth the charitable objectives at the discret of the trustees. Restritted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specffled by the donor or when funds are ralsed for partular restricted purposes. Further explanation of the nature and purwse ol each fund is included in the notes to the finanttral statements. Penslon Costs and other Ixistrfellrement benefits The charitable company operates a defirbed contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activitie5 in the period to which they relate. Page 9
WALSALL COMMUNttY CHURCH NOTES TO THE FINAPKIAL STATEMEl¥fS- tontinued FOR THE YEAR ENDED 31 MARCH 2022 AccouTrillNG POUCIES- contlfiued Going concern There are no material uncertainties aboutthe charltV5 abillty to contlnue as a going concern. DONATIONS AND LEGAaES Unrestricted Restrirted Totsl Funds Funds Funds 31.3.22 Total Fund5 31.3.21 Dorkatlon5 Tlthes- Glft Ald Tlthes- Non-Gift Aid Walsall Money Advice Projert CoalpoollKidz Klub Overseas fund 818 Feed Other5 Bank interest 128,455 20.792 128,455 20,792 41,380 117,329 17,954 31,939 585 6,648 2,204 20,261 41,380 5.056 L096 5,056 150.112 40,532 197,644 197,282 INVEsfMENT INCOME 3113122 3113121 Rents received 4.315 14,278 NEf INCOMEI(EXPENDITUREI Net incomellexpenditurel Is stated after charging/lcreditingl'. 3113122 3113121 Depreciation- owned assets Surplus on disposal of fixed assets Independent Examiners fee 1,225 1,282 1114,5151 3,240 2,100 Page 10
WALSALL COMMUNITY CHURCH NOTES TO THE FINANCIAL ATEmENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2022 TRusfEES' REMUNERATION AND BENEFrrs 2022 2021 The followin8 trustees received remuneratlon as folkMf5 MrSMKlrk MrT N Summersby 21*16 25,920 Trustee remuneration is in sPeCt of the trustees, roles Wlthin the charlty rather than a5 trustees. Trustees. expens There were no trustees, expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. STAFF COSTS 2022 2021 Wages and salarie5 lincludin8 Tnjsteesl Social security Pensions 112.635 7,312 1.535 109,081 7,092 3,806 121,482 117,271 The avera8e monthly number of empbyees during the year was as follows- Prolect staff Ilncl. Youth Staff Leader) Admlnistration stsff Management staff No employees received emoluments in excess of £60,(KIO. Page 11
WALSALL commuNy CHURCH NOTES TO THE FINANaAL sfATEMENTS- ujntlnued FOR THE YEAR ENDED 31 MARCH 2022 COMPARATIVES FOR THE STATEMEvf OF FINANaALAcnvmES Unrestrlcted Restrlcted fvnd funds Totsl funds INCOME AND ENDOWMENTS FROM Donations and legacles 156.491 40,791 197,282 Investment income Other income 14.278 114.515 14.278 114.515 Totsl 285.284 40,791 326,075 EXPENDITURE ON Charltable actlvltl¢s Charitable activities Managemert and admlslstration 169.763 5,216 53,989 223,752 5,216 Totsl 174.979 53,989 228,968 NET INCOMEIIEXPENDrruREI 110.305 113.1981 97.107 Tfansfers between funds 15.0741 5,074 Net movement In lunds 105.231 18.1241 97,107 RECONCILIATION OF FVNOS Total funds knht lorward 224.334 24.1x12 248,336 TOTAL FUNDS CARRIED FORWARD 329,565 15,878 345,443 Page 12
WALSALL COMMUNfiY CHURCH NOTES TO THE FINANaAL sfATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2022 TANGIBiE FIXED A55EfS Fixtures and ffttln8s Short leasehold Motor vehides Totals COST At l April 2021 Additions 156,665 38,102 1,055 11,063 205,830 1,055 At 31 March 2022 156,665 39.157 11.063 206 DEPREaATION At l April 2021 Charge for year 32.084 L061 10,40S 164 42,489 1225 At 31 March 2022 33,145 10,569 43,714 NET BOOK VAWE At 31 March 2022 156,665 6,012 494 163,171 At 31 March 2021 156.66S 6,018 658 163,341 DEBTORS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR 3113122 3113111 Income tsx receivable 15,213 12.236 10. CR£DITOR5: AMOUNTS FALUNG DIIE WITHIN ONE YEAR 3113122 3113121 Bank loans and overdrafts15ee note 111 Accrued expenses 16.351 2,100 37,351 14,276 18.451 51,627 Page 13
WALSALL COMMUNrrY CHURCH NOTES TO THE FINANCIAL STATEMENTS- o)ntinued FOR THE YEAR ENDED 31 MARCH 2022 11. LOANS An analysls of the maturity of k)ans is 8Nen below: 3V3122 3113121 Amounts fallin8 due within one year on demand= Other loans 16351 37,351 12. MOVEMENT IN FUNDS Transfers movement between In fvnds funds At 31.3.22 At 1.4.21 Unrestrlrted funds General fund 31965 1275) 15,856) 323.4J4 Restrlrted fvnds Walsall Money Advlce Prolett Big Feed Extemporary Fund School Chrlstian Vnlon 7,505 12.642 305 15,202) 20,147 2,311 6,470 551 5.816 551 5.856 15A78 7.745 5,856 29,479 TOTAL FUNDS 345,443 7.470 352,913 Net movement In fund5. included in the above are as follows: Incomln8 Resources Movement resources expended In funds Unrestrfcted funds General fund 4A25 {154.7NJI {2751 Restrkted lunds Walsall Money Advice Project Blg Feed Extemporary Fund 41381 128.7391 17911 110.2591 12.642 305 15,2021 5x157 47.S34 139,789) 7,745 TOTAL FUNDS 201.959 1194N89) 7,470 Page 14
WALSALL COMMUNfTY CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2022 MOVEMENT IN FUNDS- contlnued Comparatives for movement in funds Transfers movement between In fvnds fvnds At 31.3.21 At 1.4.20 Unrestrlcted fund5 General fvnd 224.334 110.305 15,0741 329,565 Restrlcted lunds Walsall Money Advlce Project Blg Feed Extemporary Fund School Christian Union Messa8e 9.165 512 8,774 551 I1.6EI 1,494 18.0321 7,505 2,6 5,816 551 5,074 15.(KKII 24,002 {13.1981 5,074 15,878 TOTAL FUNDS 248,336 97.107 345,443 Comparatlve net movement in funds, included in the above are a5 follow5: In¢omln8 Resources Movement resources expended In funds Unrestrlcted funds General fund 285,284 1174,9791 110,305 Restrkted lunds Walsall Money Advice Project 818 Feed Extemporary Fund Message 31,940 2.203 133.6c(II 17091 114,6801 15,(KM)I 11,660 1,494 18.0321 15,1)001 40.791 153,9891 113,1981 TOTAL FUNDS 326,075 1228,9681 97,107 Page 15
WALSALL COMMUNITY CHUROI NOTES TO ThE FINANaAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2022 12. MOVEMENT IN FUNDS- tonllnued A current year 12 months and prior year 12 months combined position is as follows- Transfe movement between in funds funds At 31.3.22 At 1.4.20 Unrestricted funds General fund 224.334 110.030 110,9301 323.434 R•5trlct•d ful$ Walsall Money Advlce Prolect Big Feed Extemporary Fund School Christian Union Message 9,165 512 8.774 551 10,982 20,147 2,311 6,470 551 113.2341 10.930 15.IXQI 24,002 15,4531 10,930 29,479 TOTAL FUNDS 248,336 104.577 352,913 A current year 12 Months and prior year 12 months comblned net movement In funds, Included In the above are as follows.. Incomlng Resources Movement resour$ expended In funds Unrestrlrted funds General fund 439.709 {329,6791 110.030 Restrfrted funds Wa15all Money Advice Project Big Feed Extemporary Fund Message 73,321 3,299 11,705 162,3391 I1,5) 124,9391 15,0001 10,982 1,799 113,2341 15,0001 88.325 193,7781 15,4531 TOTAL FUNDS 528.034 1423,4571 104,577 Page 16
WALSALL COMMUNrrY CHURCH NOTES TO THE FINANCIAL sfATEMEKfs- ¢ontinued FOR THE YEAR ENDED 31 MARCH 2022 REiATED PAKfY D15CLOSURES There were no related party transactions for the year ended 31 March 2022. I& NATURE AND PURPOSE OF FUNDS Money Ad¥lce Prolert- Offets advise to people In the community about benefits, debt management and related issue5. Blg Fefjd- Provides meals for homeless and socially deprbved. Mlsslons and Overseas - Provkles 5UPPOrt for peoe. churches and communitie5 in the UK and overseas. Chrfstlan Unlon Fund- Explaining the Chrlstian Pdlth. Message Fund - A communlty project funded by the National Lottery providln8 educatlon and well being workshops. Extempornry Fund- Provides for un-bud8eted gtfts and donations, e.g. ft)r overseas work. Page 17
WALSALL COMMUNrrY CHURCH DETAILED sfATEMENT OF FINANaAL AcnvmES FOR THE YEAR ENDED 31 MARCH 2022 3113122 3113121 INCOME AND ENDOWMEpirs Donatlons and legadès Tlthes Gift Aid Tithes non Gift Aid WMAP Big Feed Mlsslons Kidz Klub Bank interest Other Income 128,455 20,792 41,380 117,328 17,954 31,939 2,204 6,648 585 5,056 20,621 197,644 197,282 Investment Intom* Rents received 4,315 14,278 Other Income Gain on sale of tangible fixed assets 114,515 Total In¢omin8 resources 201.959 326,075 EXPÉNDITURE Charltable artfvltles Tru5tees' salarles Wages Social se¢urity Pensions Rates and water Insurance Offlce costs Motor expenses Hall hire and office rent Bi8 Feed Costs Mi55ions Overseas Kidz Klub Subscrlptlons and membership Carried forward 41,C 71.629 7,312 1.535 339 2,075 7,126 3,312 18.396 791 950 8.078 44,920 64,161 7.092 3,806 3.046 1,750 7.115 2.223 22,908 709 1,865 241 162.887 543 168,224 This page does not fomi part of the statutory financial statements Page 18
WALSALL COMMUNttY CHURCH DEfAILED STATEMENT OF FINANaAL ACTNMES FOR THE YEAR ENDED 31 MARCH 2022 3113122 3113121 Charllable actl¥ltles Brou8ht forward Other expenditure TrBns4m international Outreach Message expendkture Table project 162.887 12,154 7,131 25 168,224 14,491 10.130 327 5,000 20,0 181197 218.172 Support costs Mana8em•nt Tralnlng and conference5 3,209 1,175 Govem•nce costs Professional fees Repair5 and maintenance Depreciation of tangible fixed assets 7.481 377 1.225 8.294 45 1.282 9,083 9,621 Total resources expended 194,489 228,968 Net Income 7A70 97,107 This page does not fomi part of the ststutory Ilnancial statements Page 19