|||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| ## |TRUSTEES||A Byron (resigned 31.12.2021)| |---|---|---| |||P Stockdale (Chair)| |||SLoescher| |||KLoescher| |||D Hallett| |||SWelch| |||M Pincher| |||ESmith| |PRINCIPAL ADDRESS||Duke Street| |||Sutton Cold6eld| |||West Midlands| |||B721RJ| |REGISTERED|CHARITY NUMBER|1096624| |INDEPENDENT|EXAMINER|Harwoods| |||1 Trinity Place| |||Midland
Ddve| |||Sutton Coldfield| |||West Midlands| |||B721TX| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||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)|