2021-12-31-accounts - Duke Street Church (Sutton Coldfield)

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		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	4
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements	8	to	13
Detailed Statement ofFinancial Activities	14	to	15

	FOR	THE YEAR EN	DED 31 DECEM	BER 2021
					2021	2020
				Restricted
		Unrestricted	Restricted	fixed	Total	Total
		funds	funds	asset	funds	funds
	Notes	8
INCOME AND ENDOWMENTS
FROM
Donations and legacies		147,292	120		147,412	109,373
Charitable activities
Related church activities		151			151	791
Other trading activities Investment income		16,952 274	6,811		23,763 274	20,295 387
Total		164,669	6,931		171,600	130,846
EXPENDITURE ON
Raising funds		5,791			5,791	3,878
Charitable activities
Direct church expenses Related church activities Depreciation		113,455 33,479 3,388	10,802	14,200	113,455 44,281 17,588	84,273 54,073 18,011
Total		156,113	10,802	14,200	181,115	160,235
NET INCOME/(EXPENDITURE)		8,556	(3,871)	(14,200)	(9,515)	(29,389)
Transfers between funds	13	(254)
Net movement In funds		8,302	(3,871)	(13,946)	(9,515)	(29,389)
RECONCILIATION OF FUNDS
Total funds brought forward		160,471	12,857	1,117,225	1,290,553	1,319,941
TOTAL FUNDS CARRIED
FORWARD		168,773	8,986	1,103,279	1,281,038	1,290,552

		31DECEMBER 2021
		Notes	2021f	2020f
FIXEDASSETS
Tangible assets			1,103,280	1,117,224
CURRENT ASSETS
Debtors			6,635	5,586
Cash at bank and	in hand		176,366	171,146
			183,001	176,732
CREDITORS
Amounts falling due within one year		10	(5,243)	(3,404)
NET CURRENT ASSETS			177,758	173,328
TOTAL ASSETS	LESSCURRENT LIABILITIES		1,281,038	1,290,552
NET ASSETS			1,281,038	1,290,552
FUNDS		13
Unrestdicted funds			168,773	160,471
Restricted funds			1,112,265	1,130,081
TOTAL FUNDS			1,281,038	1,290,552

OTHER TRADING	ACTIVITIES
			2021f	2020f
Room hire			1,399	2,669
Coffee shop income Rents received			9,553 12,811	5,826 11,800
			23,763	20,295
INVESTMENT INCOME
			2021 f	2020 F
Interest receivable	- trading		274	387
CHARITABLE ACTIVITIES COSTS
		Direct	Support
		Costs	costs f	Totalsf
Direct church expenses		111,055	2,400	113,455
Related church activities		44,281		44,281
Depreciation		17,588		17,588
		172,924	2,400	175,324

STAFF COS	TS
					2021	2020
						6
Wages and salaries Social security costs					78,591 1,383	47,749 707
Other pension	costs				3,654	2,275
					83,628	50,731
The average	monthly	number ofemployees		during the year was as follows:
					2021	2020
Support Staff					5	3
No employees	received emoluments		in excess of660,000.

COMPARATIVES FOR THE ST	ATEMENT O	F FINANCIAL ACTI	VITIES
				Restricted
		Unrestricted	Restricted	fixed	Total
		funds	funds	asset	funds
INCOME AND ENDOWMENTS	FROM
Donations and legacies		107,338	2,035		109,373
Charitable activities
Related church activities		791			791
Other trading activities		13,995	6,300		20,295
Investment income		387			387
Total		122,511	8,335		130,846
EXPENDITURE ON
Raising funds		3,878			3,878
Charitable activities
Direct church expenses		84,273			84,273
Related church activities		49,633	4,440		54,073
Depreciation		3,811		14,200	18,011
Total		141,595	4,440	14,200	160,235
NET INCOME/(EXPENDITURE)		(19,084)	3,895	(14,200)	(29,389)
Transfers between funds		3,811		(3,811)
Net movement in funds		(15,273)	3,895	(18,011)	(29,389)
RECONCILIATION OF FUNDS
Total funds brought forward		175,744	8,962	1,135,235	1,319,941
TOTAL FUNDS CARRIED FORWARD		160,471	12,857	1,117,224	1,290,552
TANGIBLE FIXEDASSETS
				Fixtures
		Freehold	Long	and
		property f	leasehold f	fittings f	Totals f
COST
At 1 January 2021		1,195,616	59,982	92,843	1,348,441
Additions				3,642	3,642
At 31 December 2021		1,195,616	59,982	96,485	1,352,083
DEPRECIATION
At 1 January 2021		141,999	6,006	83,210	231,215
Charge for year		14,200	600	2,788	17,588
At 31 December 2021		156,199	6,606	85,998	248,803
NET BOOK VALUE
At 31 December 2021		1,039,417	53,376	10,487	1,103,280
At 31 December 2020		1,053,617	53,976	9,633	1,117,226

DEBTORS:A	MOUNTS F	ALLING DUE WITHIN	O	NE YEAR
						2021 f.	2020 f
Other debtors						6,635	5,586
CREDITORS:	AMOUNTS	FALLING DUE WITHIN		ONE YEAR
						2021 f	2020 f
Other creditors						5,243	3,404
LEASING AGREEMENTS
Minimum lease payments		under non-cancellable	operating leases		fall due as follows:
						2021 f	2020 f
Within one year						941	941
ANALYSIS OF NET ASSETS BETWEEN FUNDS
						2021	2020
					Restricted
		Unrestricted		Restricted	fixed	Total	Total
		funds		funds	asset	funds	funds
		f			f	f	f
Fixed assets					1,103,280	1,103,280	1,117,224
Current assets		174,015		8,986		183,001	176,732
Current liabilities		(5,242)				(5,243)	(3,404)
		168,773		8,986	1,103,279	1,281,038	1,290,552
MOVEMENT	IN FUNDS
					Net	Transfers
					movement	between	At
				At 1.1.21 f	in funds f	funds f	31.12.21 f
Unrestricted	funds
General fund				151,192	12,106	(754)	162,544
Hardship Fund - designated				6,948	(3,550)	500	3,898
Ron Legacy -	designated			2,331			2,331
				160,471	8,556	(254)	168,773
Restricted funds
Jacey Building Macedonia fund				10,657 200	(3,851) (20)		6,806 180
Restricted fixed asset
				1,117,225	(14,200)	254	1,103,279
Artwork				2,000			2,000
				1,130,082	(18,071)		1,112,265
TOTAL FUNDS				1,290,553	(9,515)		1,281,038

				Incoming	Resources	Movement
				resources 6	expended f	in funds f
Unrestricted funds
General fund				164,669	(152,563)	12,106
Hardship Fund	- designated				(3,550)	(3,550)
				164,669	(156,113)	8,556
Restricted funds
Jacey Building Macedonia fund				6,811 120	(10,662) (140)	(3,851) (20)
Restricted fixed	asset
					(14,200)	(14,200)
				6,931	(25,002)	(18,071)
TOTAL FUNDS				171,600	(181,115)	(9,515)
Comparatlves	for movement	in funds
				Net	Transfers
				movement	between	At
			At 1.1.20	in funds f	funds 6	31.12.20 6
Unrestricted funds
General fund			163,232	(17,830)	5,790	151,192
Hardship Fund	- designated		8,100	827	(1,979)	6,948
Ron Legacy - designated			4,412	(2,081)		2,331
			175,744	(19,084)	3,811	160,471
Restricted funds
Jacey Building Macedonia fund			6,782 180	3,875 20		10,657 200
Restricted fixed	asset
			1,135,235	(14,200)	(3,811)	1,117,224
Artwork			2,000			2,000
			1,144,197	(10,305)	(3,811)	1,130,081
TOTAL FUNDS			1,319,941	(29,389)		1,290,552

Comparative net movement in funds, included i	n the above are as follows:
	Incoming	Resources	Movement
	resources 8	expended f	in funds f
Unrestricted funds
General fund	117,361	(135,191)	(17,830)
Hardship Fund - designated	5,150	(4,323)	827
Ron Legacy - designated		(2,081)	(2,081)
	122,511	(141,595)	(19,084)
Restricted funds
Jacey Building Macedonia fund	6,300 2,035	(2,425) (2,015)	3,875 20
Restricted fixed asset
		(14,200)	(14,200)
	8,335	(18,640)	(10,305)
TOTAL FUNDS	130,846	(160,235)	(29,389)

	FOR THE YEAR ENDED 3	1 DECEMBER 2021
		2021f	2020f
INCOME AND ENDOWMENTS
Donations and legacies
Gifts		52,279	5,152
Donations and collections		76,854	84,890
Gift aid		16,414	16,498
Job Retention Scheme		1,865	2,833
		147,412	109,373
Other trading activities
Room hire		1,399	2,669
Coffee shop income		9,553	5,826
Rents received		12,811	11,800
		23,763	20,295
Investment income
Interest receivable - trading		274	387
Charitable activities
Youth Activities		151	791
Total incoming resources		171,600	130,846
EXPENDITURE
Other trading activities
Purchases		5,791	3,878
Charitable activities
Wages and salaries		78,591	47,749
Social security		1,383	707
Pensions		3,654	2,275
Rates, water and energy		6,029	5,558
Insurance		2,189	2,096
Administration expenses		6,895	7,333
Activity expenses		1,162	890
Cleaning and maintenance		7,423	8,481
Church service expenses		2,617	815
Mission and giving		30,298	44,270
Youth expenses		1,058	1,171
Furniture project Ministry expenses		54	2,778 595
Flat expenses		2,565	6,445
Community activities		756	933
Missionary flat expenses		10,662	2,425
Gifts			1,221
Advertising			354
Depreciation Freehold	Property	14,200	14,200
Depreciation Long Leasehold		600	600
Depreciation Fixtures	and Fittings	2,788	3,211
		172,924	154,107
Support costs
Governance costs
Sundries		240	90
Carriedforward		240	90

	DETAILED STATEMENT OF FOR THE YEAR ENDED	FINANCIAL ACTIVITIES 31 DECEMBER 2021
		2021f	2020 6
Governance	costs
Brought forward		240	90
Accountancy	and legal fees	2,160	2,160
		2,400	2,250
Total resources	expended	181,115	160,235
Net expenditure		(9,515)	(29,389)