2022-12-31-accounts - Wirral Churches' Ark Project

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		Page
Trustees' report		1-5
Statement oftrustees'	responsibilities
Independent auditor's	report	7-10
Statement offinandal	activities	11 - 12
Balance sheet		13
Statement ofcash flows		15
Notes to the financial	statements	16-30

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2022	2022	2022	2021	2021	2021
		Notes	8	8	8		5	8
laglmtgfmm:
Donations, legacies and grants		3			157,087	98,998	63,323	162,321
gtttrjlttititbggIMgttg Mary Cole House		4	350,731	256,330	607,061	324,179	232,664	556,843
Housing Support		4		106,696	636,741	430,468	51,647	482,115
Projects		4		28,440	28,440	625	63,670	64,295
Other trading activities		5	1,387		1,387	4,629		4,629
Inveslm ants		8	357		357	437		437
Total Income			945352	485,821	1,431,073	859,338	411,304	1,270,640
Raising funds		7	35,828		35,826	85,809
~CIg~le actMIIttt Mary Cole House		8	435419	231,955	667,174	468,193	259,703	725,896
Housing Support		8	380,571	135,136	515,707	410,987	89,751	500,738
Projects		8	(14,404)	51,713	37,309	35,577	81,382	118,959
Total charitable	expenditure		801,386	418,804	1,220,190	912,757	430,836	1,343,593
Tolal nreources
expended			837,212	418,804	1,256,016	998,566	430,836	1,429,402
Disposal ofInvestment		11				91,539		91,539

Net Incoming/(outgoing)
resources	108,040	67,017	175,057	(47,691)	(19,532)	(67,223)
Dther recognised gains and losses
Revaluation oftangible
fixed assets	(57,378)	4,731	(52,647)
Net movement In funds		71,748	122,410	(47,691)	(19,532)	(67223)
Fund balances at 1
January 2022	789,411	881,919	1,671,330	837,102	901,451	1,738,553
Fund balances at31
December 2022	840,073	953,667	1,793,740	789,411	881,919	1,671,330

			2822		2021
		Notes	6	8	6
Fixed assets
Tangible assets		15		1,469,151		1,560,249
Current assets
Debtors		16	117,018		95,054
Cash at bank and in	hand		390,647		219,106
			507,665		314,160
Creditors: amounia	falling due within
one year		17	(157,243)		(167,246)
Net current assets				350,422		146,914
Total assets less current liabilities				1,819,573		1,707,163
Creditors: amounts more than one year	falling due after	18		(25,833)		(35,833)
Net assets				1,793,740		1,671,330
Income funds
Restricted funds		21		953,667		881,919
General unrestricted	funds			840,073		789,411
				1,793,740		1,671,330

					2821
		Notes			8
Rxed assets
Tangible assets				1,469,151		1,560249
Cunent assets
Debtors		18	117,018		95,054
Cash at bank and in	hand		390,647		219,108
			507,665		314,160
Creditors: amounts	falling due within
one year		17	(151,243)		(167,246)
Net current assets						146,914
Total assets less current liabilities				1,819,573		1,707,163
Creditors: amounts	faglng due attar
more than one year		18		(25,833)		(35,833)
Net assets				1,793,740		1,671,330
Income funds
Resblcted funds		21		953,667		881,919
Genera! unrestricted	funds			840,073		789,411
				1,793,740		1,671,330

				2022		2021
				f		8
Cash Rows from operating	acthrlths
Cash generated from/(absorbed by)			24
operations					186,322		(99,859)
Investing actMRes
Purchase oftangibh fixed assets				(5,138)		(214,383)
Proceeds on disposal of investments						91,539
Investment Income received				357		437
Net cash used In Investing	actMtles				(4,781)		(122,407)
Ptnanclng actMtles
Repayment of bank hans				(10,000)		(124,168)
Net cash used In Rnanclng	actMRes				(10,000)		(124,168)
Net Increase/(decrease) In	cash snd	cash
equlvalerds					171,541		(346,434)
Cash and cash equivalents	at beginning	ofyear			219,106		565,540
Cash and cash equivalents	atend of	year			390,647		219,106

			Unrestricted	Restrtctsd	Tobd	Unrsstrtctad	Restricted	Total
			funds	funds		funds	funds
				2022 5	2022 8	2021 8	2021f	2021 5
Donations		and gifts	62,683		62,B83	61,806		61,806
Legades Grants		receivable			49 94,355	625 38,567	63,323	625 99,890
			62,732	94,355	157,087	98,998	63,323	162,321
Donations		and gills
Donations		and gilts	59,303		59,303	59,541		59,541
Gift aid			3,380		3,380	571		571
Other						1,B94		1,694
					62,B83	61,806		61,806
Grants recehrsble for
core cttvitkm
Housing Projects	Support			94,355		10,129	42,140 21,183	42,140 31,312
Core operations						26,438
							63,323	99,890

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		Unrestrtchd	Unrestricted
		funds	funds
		2022	2021
			6
Fundralslng	events		4,336
Other trading	actNtdss	1,387	293
Other trading	acbvies	1,387

lnvestmsrds
		UnnatrkM	U	restricted
		funds		funds
		2022		2021
		6		6
Interest recehrable
		Unmstrtcted	Unrestricted
		funds		funds
		2022		2021
		6		6
6tatf costs Other~costs		31,221 4,605		35,482 3,523
Fundrahtng	and pubddty			39,005
IadLLLggdld
				14,993
Other trading	sctNtdes			23,814
Support costs				7,997
Trading costs				46,804
				85,809

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		Support	Governance	Governance		Support t3ovemance	Support t3ovemance	2021
		COSIS	COSIS			cosbl	caser
		6		8		8	8
Staffcosh		191,765			191,765
Other sbdf costs		10,681			10,661	26,670		26,670
Premhes costs		24,597			24,597	19,951		19,951
Insurance		20,817			20,817	19,101		19,101
Telephone and computer COStS Consulhncy fees 10~					25,965 10,239	27,422 11,867		27,422 11,687
Non recoverable	VAT	20,702			20,702
Other costs					7,950	7,419		7,419
Loan bttslsd						7,997		7,997
Depreda5on		25,136			25,136	8,979		8,979
			3,000		3,000		2,880	2,880
			2,800		2,800		2,520	2,520
~between					343,632	390,064	5,400
Trading						7,997		7,997
ChaNabls activi5ss		337,832	5,600		343,632	362,067	5,400	387,467
		337,832	5,800		343,632	390,084	5,400	395,464
Trustees
None of the trustees (ar any persons connected charity during the year. Dbrposal ofI~				with	them) received	any remuneration	or bene6h from the
							Tohl	Un esbtded
								funds
							2022	2021
							8	8
								91,539

	The average	monthly number ofemployees during the year was:
			2022	2021
			Number	Number
	Employment	costs	2022	2021
			8	6
	Wages and	salaries	658,537	706,877
	Social security costs		52,958	59,383
	Other pension costs		13,101	12,798
				779,058
14	Ark Trading	CIC
	Asummary	ofthe results ofthe subsidiary	2022	2021
	is shown below:
	Expenditure			(48,804)
				(48,804)

Tangible fixed assets	- group and	charity
		Freehold hnd		Leasehold	Rxturss and		Total
		and	huadlnes	Improvements	ttttntts
			8	8	8
Cost or valuation
At 1 January 2022		2,313,617		76,009	102,295	84,318	2,576,239
Additions			5,138				5,138
Revaluation			(928,128)				(928,128)
At 31 December 2022		1,390,627		76,009	102,295	84,318	1,653,249
Depreciagon and impairment
At 1 January 2022			875,482	16,695	73,213	50,600	1,015,990
Depredation charged	In the year			31,049	5,801	6,740	43,590
Revaluation			(875,482)				(875,482)
At 31December 2022				47,744	79,014	57,340	184,098
Carrying amount
At 31December 2022		1,390,627		28,265	23,281	26,978	1,469,151
At 31 December 2021		1,438,135		59,314	29,081	33,719	1,560749

						2022	2021
	Amounts falgng due within one year.					8	8
	Trade debtors					75,540	48,478
	Other debtors
	Prepayments	and accrued income				40,978	46,076
						117,018	95,054
17	Creditors: amounts		falling due within one year - group and		charity
							2021
					Notes		8
	Bank loans					10,000	10,000
	Other taxation	and social security				23,695	31,884
	Deferred income					34,101	36,284
	Trade creditors					15,921	15,818
	Other creditors					54,322	64,216
	Accruals					19404	9,064
						157,243	167,246
18	Creditom: amounts		falling due after more than one year-
	group and charity
							2021
							8
	Bank loans				19	25,833	35,833
19	Loans and ovsrdrafls			-group and charity
							2021
							8
	Bankloans
	Payable within	one year				10,000	10,000
	Payable after	one year				25,833	35,833

					2021
					8
Arising from Grants				34,101	36,284
Deferred income movement			during the year Isas follows:
				2022	2021
				8	8
Deferred income is	induded		within:
Current llablliges				34,101
Movements In the year.
Deferred income at	1 January 2022			36,284	36,945
Released from previous		periods		(395,268)	348,537
Resources deferred	in the year			393,083	(349,198)
Deferred income at	31	December 2022		34,101

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	Analysis ofnet assets between funds - Un~	Analysis ofnet assets between funds - Un~	Analysis ofnet assets between funds - Un~	Analysis ofnet assets between funds - Un~	Analysis ofnet assets between funds - Un~	group and Restricted	group and Restricted	group and Restricted	company	Total	Unrestricted	Restricted	Restricted	Total
					funds	funds					funds	funds
					2022		2022			2022	2021	2021		2021
					8					6	f		5	5
	Fund balances at 31
	December 2022 are
	represented by:
	Tangible assets			609,558		859,593			1,469,151		701,598	858,651		1,560249
	hist current assets			256,348		94,074			350,422		123,548	23,288		146,914
	Long term liabllltkrs			(25,833)					(25,833)		(35,833)			(35,833)
				840,073		953,667			1,793,740		789,411	881,919		1,671,330
23	Related party transactions
	There were no dlsdosable		related		party transactions			during the		year (2021 - none).
24	Cash generated from	operations										2022		2021
												6		8
	Surplus/(deficit) forthe year											175,057		(67,223)
	Adjustments for.
	Investment income recognised in statement					ofgnandal			activities					(437)
	Gain on disposal ofInvestments													(91,539)
	Depreciation and Impairment		oftanglbkt lixed assets											98,778
	Movements in working	capital:
	gncrease)/decrease In	debtors										(21,964)		14,912
	(Decrease) In creditom											(7,821)		(53,689)
	(Decrease) in deferred	income										(2,183)		(661)
	Cash generated from/(absorbed				by) operations							186,322		(99,859)
25	Analysis ofchanges	in net funds
												Cash flows	At 31I3eccmher
														2022
	Cash at bank and in hand										219,106	171,541		390,647
	I oans falling due within	one	year								(10,000)			(10,000)
	Loans falling due aRer	mors	than	one year							(35,833)	10,000		(25,833)
											173273	181,541		354,814