REGISTERED COMPANY NUMBER: 03769753 (England and Wales) REGISTERED CHARITY NUMBER; 1076491 REPORT OF THE TRUSTEES AND INDEPENDENT EXAMINERS REPORT ON THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 FOR WALSALL COMMUNITY CHURCH (A COMPANY LIMITED BY GUARANTEE)
WALSALL COMMUNITY CHURCH CONTENTS OF THE REPORT FOR THE YEAR ENDED 31 MARCH 2024 l. Report of the Trustees 2. Independent Examiners Report 3. Recelpts & Payments Report 4. Balance Sheet
The trustees herein present their report and financial statements of the charity for the year ended 31 March 2024 Registered charity name Walsall Community Church Charity registration number 1076491 Company registration number 3769753 Registered office 33 Lower Hall Lane, Walsall WSI IRR Administration off ice 33 Lower Hall Lane, Walsall WSI IRR THE TRUSTEES The trustees who served the charity during the period were as follows: MrSMKirk Mrs G Boot MrT Summersby Mr M Heaton Mrs S Fonka Mrs K Clark (resigned 17 October 20241 Mr D Thakker (resigned 24 April 2024) Appointment of the trustees is made in accordance with paragraphs 30 to 37 of the Articles of A550ciation. The trustees are also directors for the purpose of the Companies Act. CONSTITUTION AND LEGAL STATUS The Company was incorporated on 13 May 1999 and registered as a charity with the Charity Commission on 12 July 1999, The company is limited by 8uarantee. GOVERNING DOCUMENT Memorandum and Articles of Association incorporated 13 May 1999 BANKERS Lloyds Bank, The Bridge, Walsall WSI ILQ OBJECTIVES The company is a charity having overall objectives to:_ a) advance the Christian faith b) relieve persons in hardship c} advance education in accordance with Christian principles d) provide facilities for recreation el give help and advice on welfare benefits and personal debt management. relieve persons who are experiencing mental or emotional suffering gl promote and fulfil other charitable purposes beneficial to the community
ACTIVITIES As a community church we endeavour to be in the community, for the community. Our mission is to fulfil the commission given to us by Jesus Christ in being the Gospel Igood news) by word and by our actions. Regular meetings and gatherings of people take place on Sundays and at other times, to teach Christian faith. The congregations comprise people from different backgrounds and cultures. Small groups taking place in localised areas form a foundation for church stability and growth. We run a children's and youth programme. We also seNe our community through the following.. . Money Advice Project to advise people in the community about benefits, debt management and related issues. 'Dial-a-friend" helping people in a practical way Family Fun days Alpha courses, explaining the Christian faith Working with the Black Country Food Bank Reaching out to the Asian community Other varied ways in which members of Walsall Community Church are helping people, neighbours in the community both spiritually and with practical issues. ACHIEVEMENTS THROUGHOUT THE YEAR The Goldmine congregation continues to gather in the town centre and is becoming an increasingly racially diverse community. The Coalpool Church is starting to reach the limits of the space available for them at St Peters Church Hall, meeting there on a Sunday afternoon and increasingly for other events. We have continued to own and operate the Midland Road Chapel building IMRC}, for a black majority church and training project and have further been gifted another small chapel (The Crescent) for similar use or disposal towards our charita ble objectives. The Walsall Money Advice Project (WMAPI has continued to operate, with an increased focus on the cost of living crisis. Clients continued to be referred from WATMOS Community Homes. Other clients (outside these group} were also helped. WMAP continues be key in the the delivery of the Black Country Food Bank Walsall Community Church supports and contributes towards the work of Trans4m International, an associate charity working with overseas churches and community projects. WCC also made donations to support outreach and needs in Pakistan and Nigeria. The Table café has had a reasonably successful year and, although it operates as a separate Community Interest Company ICICI, it is intentional in creating a Godly spiritual atmosphere and as a "doorf, to Jesus Christ and the church. In December 2023 we made them a £6371 loan in order to purchase a debt from a supplier and this is on course to be repaid by monthly instalments byjuly 2024
PUBLIC BENEFIT The main activities undertaken by the charity further the charity's purpose for the public benefit. The trustees have had regard for guidance on public benefit. VOLUNTEERS WCC is grateful to all individuals within the church who have given their time and used their talents to bring the Kingdom of God on earthl FINANCIAL REVIEW Financial Position WCC is grateful to individuals contributing by tithes and offerings Thanks, also, to organisations which have contributed. Total funds brought forward from the previous year were at a healthy level, establishing a strong bas15 to support the work of the charity. Regular giving income {tithes, offerings, special offering} shows a 7% increase over last year's giving (excluding WMAP}. Funding for WMAP was mostly received from WATMOS Community Homes, The Black Country Food Bank, and Walsall Council At the request of the Vine Trust we repaid early the loan made to allow us to purchase the lease on 33 Lower Hall Lane annex (which stood at £10,351 at the year startl and so we are now debt free and in a position to consider an offer from them to purchase the freehold on the entire of 33 Lower Hall Lane. 'My God will meet all your needs according to his glorious riches in Christ Jesus" (Philippians 4v191 Roservos policy Total reserves at year end stood at £830,69412023 £526,904). Unrestricted reserves were £576,529 {2023 £289,497) and restricted reserves were £251,277 (2023 £258,803) SMALL COMPANY PROVISIONS This report has been prepared in accordance with the special provisions for small companies under part Vll of the Companies Act 1985 Signed on behalf of the trustees Mr M Heaton Date: 16/ILIL(è Trustee
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Walsall Community Church On accounts for the year ended 31 March 2024 Charity no 1076491 Set out on pages 1 6 (including these pages) (One to Six) I report to the trustees on my examination of the accounts of the above charity ("the Trust.) for the year ended 31 March 2024 Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent 11 have completed my examination. I confim that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act,. or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. 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 understanding of the accounts to be reached. Signed: Darren Warren Date: 2911112024 Name: Darren Warren - Paxton Independent Examiners Relevant professional qualification(s) or body (if any): FMAAT Address: 61 a High Street South Rushden Northants, NN10 ORA Page 1 of6
Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. Page2of6
CC Receipts & Payments Report Charity name.. Walsall Communtiy Church Charity number- 1076491 For the period from 0110412023 to 3110312024 R¢uci Is and cnts Unrestricted funds Restricted funds Endowment funds Total funds L&5t year Receipts Voluntw Rectipts Fundraising Activities Investments Charitable Activities Other Receipts 191,074 32,878 6.238 2,631 14,264 6,600 193,705 47,142 12,838 167.701 44,143 5,940 5.471 235.661 20,000 43.495 25,471 279,156 161 217,945 Asset and InY¢stmenl sales et¢ Total receipts 235,661 43.495 279.156 217.945 Payments Voluntary Income Costs Fundraisin8 Costs Charitabl¢ Activiti¢s Costs Governance Costs 204 4,052 212,097 11,882 228,235 2,1)00 353 37.795 85 2,204 4.405 249.892 11,967 268.468 1.090 6.702 249.230 9,165 266,187 40.233 Assets and investments gainsllosses Total paymcnts Ex¢¢ss of receipts over payments 228,235 7.426 40,233 3,262 268,468 10,688 266,187 48,242 Transfers between Funds CaslL Funds Last Year End 124,160 131,586 20,605 23,867 144,765 155 433 193,006 144,764 Cash funds thi5 year end Pag¢ 3 of6
Paxton Charity Commission Reeeipts and Payment5 Detail$ Charity no. 1076491 Walsall Communtiy Church March 2024 Unrestricted Resrriiled Endowment Year Toial Al Receipts Al Voluntary Receipts Donations received - tithes Donations- to make gifts Gift Aid received Donations- for internal use Contra in 131.510 9,990 44,981 4.310 282 131,510 10,400 45,202 4,310 2,282 l23.592 15,520 27.472 27 1.090 410 221 2,000 191,073 2.631 193.704 167,701 Al Fundraising Activities Events income - Women Events income - Youth Events income - Men Events income - other Contract income - Synergy Contract income - Love WSaI1 Contract income - S&L Contract inlome - Food Bank WMAP Contract 1.561 I,074 65 1.561 1.074 65 3,329 420 12 1,009 14,345 3,418 7,1145 5,016 8,750 16,372 4.835 8,951 16.372 4.855 8,951 6.764 7,500 6,764 7,500 32.878 14.264 47,142 44,144 Al Investments Interest received Rent in¢ome- Offi¢e Rent income - Midland Road Rent income- MPR 158 6,080 158 6,080 6,61M) 20 3,040 1,700 1,180 6.600 6,238 6,600 12,838 5,940 Al Charitable Activities A l Other Receipts Other receipts 5.471 20.000 25,471 161 5,471 20.000 25,47l 161 A2 Asset and Investtnent sales etc A3 Payments Page4of6
Paxton Charity Commission Receipts and Payments Details Charity no. 1076491 Walsall Communtiy Chureh March 2024 Ilnrestricted Restricted Endowment Y ar Total Last Y A3 Voluntory Income Costs Contra out 204 2.000 2.204 1,090 204 2,000 2,204 1.090 A3 Fundraising Costs Fundraising costs Events - Women Events - Youth Events - Men Events - other 353 1,865 1.714 71 50 353 705 1,865 1.714 71 50 4,853 1.848 4.053 353 4,405 6,701 A3 Charitable Activities Costs GiftgGrants given Subscriptions - Synergy Subbcliplions - Other Nei pay PAYE[ 22,828 4,0 665 101,280 26,245 3,339 3,561 3,008 2,066 56 7.320 22,828 4.640 837 124,698 34.434 4,846 3,561 3.008 2,066 56 7,320 -369 9,200 3,140 288 2,184 1,125 1,712 364 591 l.716 1,339 707 26,885 4.705 884 120.444 35,995 4,953 3,257 2,776 1,836 172 23,418 8.189 1.507 Pension ¢ontributions Staff training costs Vehicle costs Travel costs Subsistence costs Service charge - 33 LHL Heat & Light - Midland Road Rent - Goldmine Rent - St Peters Rates Charity Insurance Licences & eompliance Caretaking Repairs & maintenance - 33LFtL Repairs & maintenance - MR Ministy Costs - Retreshments Ministry costs - Youth Ministy costs - Kids Ministry costs - Music Ministry costs . Counselling Ministry costs . Training Ministy costs - Outreach Ministry ¢osts- Preaching PhotLC, cmail, Zoom costs Postage Photocopier Publicity costs rt costs Equipmcnt purchascs Other costs 12.960 665 9,600 2,520 228 2,638 942 1.351 1,134 3,483 2,201 86 319 523 2,031 244 548 1,109 2.463 -369 9,200 3,140 288 1.099 1,125 1.712 364 .085 591 1,716 .339 707 1,949 422 323 3,056 1,091 I,949 422 323 3,056 1,264 173 1.487 22 365 176 7.500 1,487 1.550 20 246 365 176 10.530 3,030 625 Page5of6
Paxton Charity Commission Receipts and Payments Details Charity no. 1076491 Walsall Communtiy Church March 2024 Unreslricled stricted End Ivment Y ar Total 212.096 37.796 249,892 249,228 A3 Governance Costs Audit & Accountancy costs Bank Charges Loan repayment 1.161 371 10,351 1.161 456 10,351 2,750 415 6,0(M) 85 11,883 85 11,968 9,165 Page6of6
Balance Sheet Walsall Community Church Charity no. 1076491, Company no. 3769753 As at 31 March 2023 31-Mar-24 31-Mar-23 Total Total Unrestricted Restricted Current Assets Cash at bank and in hand Debtors 115,526 39,928 155,454 3,211 144,765 115,526 39,928 158,665 144,765 Flxed Assets 33 Lower Hall Lane Lease Fixtures & Flttlngs Mlnibus Mldland Road Chapel Crescent Baptist Church 156,665 6,018 494 156,665 6,018 494 225,000 156,665 6,018 494 225,000 230,000 280,000 163,177 225,000 388,177 393,177 Credltors Vine Trust Loan 10,351 10,351 Net assetslllabllltles 546,842 548,293 The charitable company Is entitled to exemption from audit under Section 477 of the Companles Act 2006 for the year ended 31 March 2024. The members have not requlred the company to obtain an audit of its financlal statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for {al ensuring that the charitable company keeps accounting records that comply wlth Section5 386 and 387 of the Companies A¢t 2006 and Ibl preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each flnancial year and of its surplus or deficit for each financial year in accordance with the requirements of Section5 394 and 395 and which otherwise comply with the requirements of the Companles Act 2006 relating to financial Statements, so far as applicable to the charitable companv. These financSal statements have been prepared in accordance with the provisions applicable to charltable companies Subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 4 December 2024 and were signed on its behalf by: Mr M R Heaton - Trustee