REGI8TERED CHARiff NUMBER: 1096824
REPORT OF THE TRUSTEES AND
UNAUDrrED FINANCIAL STATEMENT8
FOR THE YEAR ENDED 31 DECEMBER 2022
FOR
DUKE STRE￿ CHURCH
HaTh￿S
1 Trinty Place
Midland Drive
SLrtton Cddfield
WÉst Midlands
B72 1TX

DUKE STREET CHURCH
CONTENTS OF THE FINANCIAL STATEMETrirs
FOR THE YEAR ENDED 31 DECEMBER 2022
Pago
R•for•nc• and Admlnlslr•tl¥e Detalls
Roport of tho Trustws
Indopondont Examlnerfs Roport
Statgm•nt ot Flnanclal Actlvltles
Bal•ne¢ Sheet
Notes to tho Flnanclal Statem•nts
8 to 13
D•tallod Stat•mwrt of Financlal Actlvltle¥
14

DUKE 8TRE￿ CHURCH
REFERENCE AND ADMINISTRATIVE D￿AlLs
FOR THE YEAR ENDED 31 DECEMBER 2022
TRUSTEES
P Stockdale (Chairl
S Lo￿h¢t
K Loe8cher
D Hallett
S Wel¢h
M Flncher
E Smith
E J Plllex (apwlntad 21.6.2022)
Pl￿NCIPAL ADDRESS
Duke Street
Sutton Coldfield
We¥1 MidlgrNJ9
B72 1RJ
REGISTERED CHARifi NUMBER 1096824
INDEPENDEKf EXAMINER
Har￿￿odS
1 Trlnlty Place
Mldland Drfve
Sutton Coldfiald
We8t MldlarbJ8
B72 1TX
Pagg 1

DUKE STREET CHURCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2022
Th8 tnJ8taas prgs8nt their report wlth the finan￿01 Statements of the charity for tho ￿ar •nd8d 31 December 2022. The
trustags have adopted thg provisions of Accountlng and Rapotting by Charitigs.. Statement of Recommended Pradca
appllcable to charitias pr8parlng th8ir accounts in accordance wth the Flnanclal Repjrting Stsndard 8ppllcabl8 in the
UK and Republic of Irgland (FRS 1021 leffectfve 1 January 20191.
OPJECTIVES AND AcT￿￿lEs
Obl•ctlveg and alms
Thè advancement of the Christian faith tn accordance with the Ba818 of Famh prlmarfly but not exclusfvety within Sutton
Coldffièld and Ihe surroundlng n8lghbourhcth,' and olher suth tharitsble purposes as shall, in the oplnlon of th
members of the Church In ganeral meets'ng further the work of thè Church.
The objects of thg charfty are to further thè r8liglous and other charftablg hvrk of the Chrfstlan Fa￿h. Tho ch￿lty 18 8
member of thè Ev8ngelical Mliance and the Tru51ees subscrfbe to the Evangoli¢81 ￿lianCe basis of faith. The charity
owns premises in Sutton Coldfield comprfslng of a chapel and 888ociated buildings as well as the freeh￿d of a block of
ots and the leaseho￿ of 8 furlher flat. Duke st￿et Chur(* has approxlmately 140 members. Th8 chureh supports a
number of UK and oversgas Chrisuan K)rkers and mission org8nlz8Uons and is involved in a numbgr of activiti8s whi¢h
benefft the ￿￿eT communlty of Sutton Coldfield.
Public benofft
When planning revlewng the object(v$s of Iho aCti￿￿¢S the Church has givan du8 conslderation to the Charity
Commlsslon's general guidancg on public benefft and, in particular. thè spaofic guidance on chaTltle8 f¢x tho
advancement of religion. In p8rticular. we try to enable ordinary peopl¢ to live out thelT faith as part of our church In thalr
I(￿1 corrwnunitie$.
Pago2

**DUKE STREET CHURCH** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **ACHIEVEMENT AND PERFORMANCE Charitable activities** 

**The church welcomed the ease of Covid restrictions on its life and activities following the Coronavirus pandemic. The only provision now being made is the availability of socially-distanced seating for our main Sunday service. It has also been possible to restart a number of mid-week activities (suspended during the pandemic), including the 'Retired Men's Fellowship' and 'Friends and Neighbours'. The pattern of sending out a prayer focus (e-prayer) and a newsletter (e-news) via email every week, established during the pandemic, has been continued, as has the provision of live-streaming our main Sunday services.** 

**A recently established midweek group called 'Minijooks' for babies under the age of 1 and their carers has continued to be a much appreciated activity offered to the wider community. Carrying on too has been the monthly family-oriented early morning Sunday service, 'Duke Street Junc-tion'. These activities, along with other children's and youth activities taking place midweek and on Sundays, are well supported by our church families and the local community.** 

**In January a commissioning service was held both for our Team Leader and Pastor, David Gibb, and extended to the church members. In the same month an Alpha course was run for those wishing to explore the Christian faith further.** 

**A large number of church and community-based events were organised at Easter and Christmas which were enjoyed by many.** 

**Towards the end of April a large number of the church family went away for a very enjoyable weekend to the Christian conference centre, Cleverley Hall. During the weekend those present benefited from a series of talks delivered by our pastor, David Gibb, based on the book of Esther.** 

## **May saw an event held to celebrate the HM Queen Elizabeth's platinum jubilee.** 

**In June the church's house groups did not meet in homes but joined together in the church building to follow a weekly course entitled 'Inspired' which provided teaching and the opportunity for discussion. The aim of each week was to get those attending to think about how they could 'build stronger together' in different areas. Themes included: how do we love God and love each other?; building stronger and better mental health: how to develop our personal walk with Jesus; how to be salt and light in the places where God has put us?** 

**A course, 'Griefshare', which commenced in September, proved to be enormously helpful to those who attended, some from the church, others from outside, helping them as they try to come to terms with bereavement.** 

**A 'Pumpkin Patch Party' event for families was held at the end of October - this proved to be very popular with families from outside church, providing an alternative to Halloween events.** 

**Throughout the year the church was pleased to continue to welcome a number of refugees from Iran and, during the course of the year, a family from Ukraine living with a church family, attended the church. We were delighted to see a number of them baptised at a special service.** 

**During the summer the Coffee Tree cafe extended its opening hours on Wednesdays and opened for the first time on Saturday mornings which coincided with a new monthly Saturday morning community activity called 'Stay and Play', which has proved to be very popular.** 

**Regular donations of foodstuffs to Birmingham City Mission (BCM) Foodbank continued to be made and, towards the end of November, gifts provided for the BCM Toy Appeal. Money was also raised for Tear Fund through the Tear Fund Big Quiz attended by many from the local community. Additional gifts were made to help those providing support in Ukraine following the outbreak of the war.** 

**The huge rise in energy costs in 2022 has impacted the church's budget and prompted scrutiny of ways in which savings can be made, through efficiencies and modifications to our system. This work is ongoing.** 

**The church treasurer, Sallie Morgan, stepped down at the end of December, following many years' sterling work in that role.** 

## **FINANCIAL REVIEW** 

## **Financial position** 

**Incoming resources for the year were £179,580 (2021: £171,600). Expenditure for the year was £228,582 (2021: £181,177). The deficit for the year was £49,002 including depreciation of £18,000 (2021: deficit £9,517 including depreciation of £17,588).** 

**Page3** 



DUKE STREEf CHURCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2022
FINANCN REVIEW
Rès¢rv•s poll¢y
The Truslge5 are ujmmltted to establishing a l¢v81 of re￿NeS for General Funds th81 will cover thr$¢ nx)nths costs,
subject to sufflclent funding being avallable to 8chi8Vg this. while not hampering tha ongoing d8velopment of tha
mlntsty ol the Church. The preryse level of reserves to be £50,185 16x¢ludlng déprèclationl and wll be subject to
ro9ular rewew, taking into 8¢¢ount levels of acUiqty and prevailing clrcum8tancg5. The unrestrfcted reserves at the
balance sheet date ar8 £167.323 {2021 - £162,544) de519naled reserves are £1.450 {2021- £6,229). Total fvnd$ of the
charity 8re £1.232.03612021- £1.281.038), of which £1,1D3,27912021- £1,1112,265} are restricted.
FDr Ihe pUr[￿seS of short and modlum l&m finan¢lal management, the Irustsgs arè concemad moro wth the
management of working capital, ar¥J the healthy %thing capital posilbjn is entiroly in lin8 with th8ir p)licy of holding free
r8source8 sufficient to fvnd thwe months of ongoing unre5tr1cted •xpgnditure to ¢over the eventuality of a matsri81
decllne In Incoming r080urc8S.
STrUCTURE. GOVERNANCE AND MANAGEMENT
Gr)vernlng documgnt
Duke Street Church w88 odglnalty c{￿stE1￿￿￿ uThJer tsvo trust d88ds. The ¢harftys affairs have however bean
malgamated under a 'Stherne' whh Ihe Charfty Commissioners dated 13 D•￿mbar 2002 into a 8lngle charity ￿th
single set of Trusteps.
Rg¢rnltment and appolntm•nt of nèw trust•es
TrUstee￿leaderShIP Team momb8rs 8r8 norrnally ￿¢rusted from wthln the mtrmbgrshlp and are appointed after
consuttatlon vAth the mernbership of the church and approval by the exsting twst¢asLT.
No extemal persons to the ¢harity are enlltled to appj'nl twslee8.
Organl••tlon•l structurn
There are Iwo g￿Up$ of people involved in the running charlty..
Thg Lgadership Team, the bulk of whom lorm the Tnjstees, are reS￿￿¥1b19 for tho strategic dlrecoon and routine
a¢knvilies of the church and any lago1 r8quir8m8nts, that is, employment and the ￿quIrements of the charity law. The
Leadership Team mo&t 8t1gasl twice a month and Ihg Trustees at19oSt four Yrn85 Per year and as th? need aris95.
An Administratlon Group is re8w)slble much of the Pradcal day-t￿aY needs under tho dlrectlon of th8 leadership
T8am as appropriats.
The day to day njnnlng of the church office Yrds d81guated lo the admlnlstrator, and chair of Ihè Admln Group Mrs Fiona
Buckell, ksndèr ￿ supeNsion of the Leadership Team. Flnanelal adrninistsation was undertakgn by the treasurer,
curTrnUy Mrs Sallie ￿￿rgan..
Inductlon and training ol n•w trust••8
Trustse induction and tr8ining is informal. Trust888 are aware of Iheir r&spon$ibilities when thèy take up appolntmgnt.
. and 8ign8d on its beh8ff by.
Approvgd by order ofth8 board of tnJstèè8 on ..... ...
P Slockdalg (Choirj- Tnjstee
Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
DUKE STREET CHURCH
Independ•nt •xamlnerf• report to th• tru$¢••$ of Duko Stre•t Church
I report to the chartty trustees on my examination of the accounts of Duke Street Chur¢h {tha Trusil for tha ￿#r ondéd
31 December 2022.
R•sponslbllltles and ba818 of report
As ￿ charfty tNstees of the Trust ￿LF are responsible for tho preparation of the accounts In 8txord8nca with the
reqLÈlrements of Ihe Charlties Act 2011 (Yhe ACV).
I report In reBped of my examinalion of the Trusf8 accounts carried out uThJer Sgdon 145 of tho ALt and In catyng out
my ex8m1n8￿on I h8ve followod 811 appllcabla Dlroct#)ns given by the Charity Commission under Section 14515Xb) of
tho Act.
Inthp•nd•nt gx•mln•rf$ 8tthm•nt
I have completed my eyaminalion. I confimi Ihat no mat¢ri81 matt8r8 hava come to my attantton In connoction the
Èxaminatlon givlng ma cAu88 to bèll8v& that In any matsrial respect..
o¢counUng record8 were not kept In respect ofthe Trust as requirèd by Secbon 130 of th8 Aci. or
thg accounts do not accord with thosg records: QT
thg accounts do not comply with th& applicable requlrements conc8rnlng the fom) and content of accounts set
out In th8 ChafHlas (Accounts and R•ports) Regulations 2008 other than any requiTernent that the accounts gwg
4 tru8 and fairmaw which is not a matter con8ldered as part of an kndependenl ex£rnlnatKJn.
I have no concems and have come ocross no other matters in Connection with the examination to whlch attonflon 8hould
bo drawn in thi8 report in order to enable a proper understsndlng of the accounts to b9 rgach¢d.
Adam Bexon Mchem FCA
HaNood8
1 Trinity Plac9
Mldland Drive
Sutton Coldfield
West Midland8
B72 1TX
Page 5

DUKE STREET CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2022
2022
2021
Re51rictsd
Unrgstrictgd
funds
R8slricted
funds
Total
funds
Totsl
funds
assgt
Notes
IMCCJME AND ENDOWMEKrs
FROM
DonAUons and legades
139,559
3.800
143.359
147.412
Charftabl• act1¥1￿86
Related church acbvili99
690
690
151
Othèr tradlng actimties
Investmenl IrKom8
34.823
708
34.823
708
23.763
274
Totsl
175.780
3.800
179.580
171.600
EXPENOITURE ON
Charltable a¢tfviti•s
Dlroct church expen8*8
Related church a¢tiwbes
Depreciation
Othèr Expenditure
153,836
40,931
3,800
25
3.727
153,861
44,658
18,000
111,295
44.281
17.588
14,200
9.843
2,220
9.843
2220
5.791
2.160
Govemance c4)$1
Total
210.630
3,752
14.200
228.582
1ei.115
NET INCOMEIIEXPENDITURE)
TraDsfgrs belween funds
134.8501
16.0631
{142001
5,438
149,IX)2}
{9.5151
13
625
Net movement ID fund$
(40,9131
673
18.7621
149.0021
19.515}
RECONCILIATION OF FUNDS
Total funds brought forword
168,773
8.986
1.103.279
1,281,038
1.290.553
TOTAL FUNDS CARRIED
FORWARD
127,860
1,094,517
1232.036
1.281.038
Th8 notes fom part of thesg financlal slalements
Page 6

DUKE STRE￿ CHURCH
BALANCE SHEET
31 DECEMBER 2022
2022
2021
Nolos
FIXED ASSETS
Tangibl¥ assgts
1.094.518
1,103.280
CURRENT A58ETS
Debtors
Cayh al bank 8nd in hand
4,893
135.279
6,635
176,386
140.172
183,trfJ1
CREDITORS
Amounts lalliThJ duè V•ithwi one year
10
12.654)
15.2431
NET CURRENT ASSEf3
137.518
177.758
TOTAL ASSETS LESS CURRENT UABlL￿1ES
1232.036
1.281,038
NET ￿￿ET8
1232.Q36
1.281,D38
FUNDS
Unro8tricte(I fund¥
Rostrtrted funds
13
127,860
1.104.176
188,773
1,112,265
TOTAL FUND8
1.232,036
1,281,038
Tho flnanclal statemants ￿ra approvad by the Board of Tru81ee8 and authorf8ed for 158ue
. and were slgned on Its behalf by-
P Stskdale (Chairj- Trust8è
Th8 nots8 fomi part of these financlal 8tatsments
Page 7

DUKE STREET CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
ACCOUNTING POUCIES
Basls of pr•parfng thè ffnanclal statements
The financial 8talèm8nts of the charity. whlch 18 a publi¢ beneffil entlty under FRS 102, have ￿an prnpargd In
ac¢oréanc8 wSth the Chariues SORP IFRS 102} 'A¢¢ounllng and Reporbng by Chad￿￿5.. Statement of
Recommended Practice appl￿ble to ch8rftSes PTeparing their accounts in a¢cordan¢e vAth the Financial
Reporting Standard appli¢ablè In thè UK and Republic of Ireland IFRS 1021 leffedv& l JBnuary 2019)., Financial
Reporting Standard 102'The Finonclal Reporting Standard applicabl8 In thè UK and Republic of Ireland. and the
Charities Act 2011. The finandal stBtements have been pNp8r•d undèrthe historfcal cost convention.
Th8 Ch8rfty constitLrt88 a publlc benefit $ntity a$ defined by FRS 102.
The finandal statements arè pr&sent8d in Sterling and rounded to Ihg nearest £1.
In¢omè
I Incoma Is r•cognised In the Ststement of Fin8n¢lal Adv1￿6$ once the Charity has gntbllornent to the fund8, 11
18 probablg Ihal the Income will bè weeived and lh8 amount can be measured Teliably.
Expendlturn
Liabilities are Tecogni88d as eyndilure a8 8ODn ￿ Ihgrg is a1¢gal or constructive obligaticth ¢ommttbng tho
charfty to that expènd￿urO. it is probabla that a transfer of ￿noMiC beneffts ￿11 be required in setugrnent and
the amount ?f Ihg obligauon can be measured r81iably. Expendltur• is accounted fDr on an a¢cruals basls and
has been dasslfied under h88din98 that a99regate all cost related lo the Category. Where costs cannot bè
directly attdbuted to particular hea(lings th¢y hav¢ been allocated lo a¢livitie$ ￿ a basls consistent the u8e
of rosources.
Tanylblo fix¢d assets
Depredation is pmvhled al the folhmng 8nnu81 ral8s In order to wrSle off each asset over its 8stlmgt8d u￿f￿1
Freehold propety
Long 18asehokl
Fixtur88 and fitUng$
Computer equlpment
on cost
Over the life of the lease
25% on rgduung balanca
33% on cost
Taxatlon
The d)arity 18 ax8mpt from lax on Its charttable 8¢tiwties.
Fund accounting
Unrèstrict8d funds can be used in ac(x)rdanc8 Mlh the charitsble Objectiv￿ at thg disc￿10n ol the trustees.
Restricted fLJnds r*n onty be used for parbcular restn'cted purwses within the objects of the tharity. Restricuons
ari8e when spgcifigd by the donor or when fvnds arè r8188d for p8rticular re61ricted purposes.
D*$ignat8d funds comprise unrgstrithd funds that have been set aside by tha trust￿ for particular purp08e8.
Th8 awn and use of each dFsignatÈd fund is set out in the notè8 to th&fjnan¢lal statements.
Further eyplan8tion of tha nature and purpos9 of gach fvnd is indLllled in the notss to th8 fftnancJal Stslamonts.
P•nslon and Othgr po¥trf•tirnment bgnefltg
Th8 Chan￿ operates a defined conlrfbution pension schem8. Contn'bution$ payable to the thariws ￿nSIOn
scheme are charged to thè Stat•m8nt of Financjal Actwille8 in the pgriod to whlch they relate.
G0￿mM￿nI grants
In thè previous year the charity rgceiv¢d govemment grants in relation to COVID-19. These grants are
rocognised at the fair v8lue of the asset received or receivable wh¥n thgrg Is reasonable a5suranr£ that th
aTity ￿11 r￿Mp￿ with eondrtlons attaching to them and thg grants will be received using tha
pthrn8ncelaccru81 mL*l81.
Page 8
continued...

IYJKE STREEf CHURCH
NOTE8 TO THE FINANCIAL sTATEMETr￿S • contlnued
FOR THE YEAR ENDED 31 DECEMBER 2022
OThER TRADING ACTMTIES
2022
2021
Room hlre
Coff80 shop incom8
Rents recelved
Event and acivty income
8,705
21.842
6.000
276
1.399
9.553
12.811
34.823
23.763
INVESTMENT IMCOME
2022
2021
Intere8t recelvable- Iradlng
274
CHARITABLE ACTMTIES COSTS
Direct
Supp(wi
Total8
Dlr8ct church èxp¢nsos
Related church actlvibes
Depreclation
Olher Expendmure
153.861
44,658
18.000
153,861
44,658
18.0
Gmmancè cost
2.220
2,220
226.362
2.220
228,582
TRUSTEES. REMUNERATION AND BENEFITS
Ther• w•To no trusl•ès' rèmunaratton or other benellts for th8 year ended 31 December 2022 nor for the year
nded 31 Decgmbgr 2021.
Tw#tè••' •xpènso•
Thèrè wèrè no tn*toos' exponsg$ paSd for the year 9nded 31 Decembèr 2022 nor for the year ended
31 De¢¢mber 2W21.
STAFF COSTS
2022
2021
Wages and salaries
Social 8ecurfty costs
Other pension costs
92.$01
2.972
4.346
78.591
1.383
3.654
99.819
83,628
Th8 ov8rag8 Th￿nthlY number of employees durfng the y8arwas as follow8..
2022
2021
Support Stsff
No etnployees recel¥&J emoluments in excess of £60.C￿l0.
Page 9
c(A)ttNed...

DUKE STREET CHURCH
NOTES TO THE FINANCIAL STATEMENTS . contlnu•d
FOR THE YEAR ENDED 31 DECEMBER 2022
cOMPARATV￿s FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Re8trfctsd
fixed
osset
Unrestri￿ad Re8trfcted
funds
lund$
Totsl
funds
INCOME AND ENDOWMENTS FROM
Donatlon$ ar¥J legacles
147,292
120
147.412
Charftsbl• a¢tlvitS¢8
Related churth ad'vities
151
151
OU)or Iradlng aCti￿lIeS
InvFstm$nt income
16.952
274
8,811
23.763
274
Totsl
164.669
6,931
171.600
EXPENDITURE ON
Charltable actlvltl¥$
Direct church oxpenses
Related church activllg5
Depreciation
other Expenditur•
111.295
33,479
111.295
44,281
17,588
10.802
14.200
5.791
2,160
5.791
2,160
Govemance cost
Total
156.113
10,802
14200
181,115
NET INCOMEIIEXPENDrruREI
Transfwts l)•tr#••n funds
8.556
12541
13.871)
{14,2001
254
19.515}
Not mov•ment In funds
8.302
13.871)
{13.9481
19,515)
RECONCILIATION OF FVNDS
Tolal funds brought forward
160.471
12.857
1.117.225
1.290,553
TOTAL FUNDS CARRIED FORWARD
168,773
8.986
1.103.279
1,281,038
TANGIBLE FIXED ASSETS
Flxtures
and
ffittings
Freehold
property
Long
leasehold
Computer
equSpm&nt
rotals
Al 1 January 2022
Add￿OnS
1,195,616
59,982
96.485
8,223
1,352,083
9.238
1,015
At 31 Dg¢ember 2022
1,195,616
59,982
104,708
1,015
1.361,321
DEPRECIATION
At 1 Janu8ry 2022
Chargè for yèar
156,199
14.200
6,606
600
85.998
3.144
248,803
18,OC#)
56
At 31 December 2022
170.399
7.206
89,142
56
266,803
NET BOOK VALUE
At 31 Dett8m￿r 2022
1.025.217
52,r16
15,566
959
1,094,518
At 31 Dècember 2021
1,039.417
53,376
10,487
1,103,280
PagB 10
confjnued...

DUKE STREET CHURCH
NOTE8 TO ThE FINANCIAL STATEMENTS- contlnuod
FOR THE YEAR ENDED 31 DECEMBER 2022
TANGIBLE FIXED ASSETS ll contlnu•d
Included in cost or valuation of land and bulldln9s Is fr88hold land of £4B5.OLKJ (2021- £485.000) which is Thjt
d•pr¢claled.
The leas8hoJd property relatss to a lèasehold flat {Jacey} whi¢*t was renewed as 8 99 year16ase in 2011.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
21722
2021
Olher debtors
4.893
6.635
10. CREDITORS: AMOUNTS FALLING DUE WIThIN ONE YEAR
2022
2021
Olhor ¢r•ditors
2.654
5,243
11. LEASING AGREEMENTS
Minimum lease payrnents under non-cancellablg opernllng leases fall duo as foilows..
2021
Wmhln one yaar
B8lwe8n on8 and five y8ars
1.892
2.523
941
12.
ANALYSIS OF NET ASSEfs BETWEEN FUNOS
2021
Restrfcted
Unrestricted
lund8
Rts8trictod
fund¥
Total
fund$
fvnd¥
Flxed assets
Current assets
Current liabilitiÈs
1,094,518
(964,0041
12,6541
1,094,516
140.172
(2.654)
1,103,2BO
183.001
15.2431
9.859
1,094.517
127,860
9,659
1,094,517
1,232,036
1281,IrJ8
13. MOVEMENT IN FUNDS
Net
M￿m￿nt
In funds
Trdnsférs
At 1.1.22
fvnds
31.1222
Unr•Btricted lun
General fund
Hardship Fund- dÈ81onatèd
Ron Lo9ocy- (19$19ngled
162,544
3.898
2J31
131,902)
(2.￿)
(4.2321
126,410
1.450
{2.3311
168.T13
134.850)
{6.0631
127.860
R•8trlot•d fund•
Ja¢ey 8uildln9
M8c8donla fund
RestMGted fixed assel
8.806
853
(805)
7.659
625
1.103279
2.000
114,200)
5,438
1.094,517
2.ClJO
1.112265
114.152)
6,063
1,104,176
TOTAL FUNDS
1281.038
149.002)
1.232,036
Page 11
conllnugd...

DUKE STREET CHURCH
NOTES TO THE FINANc￿L 8TATEMEiifs - contlnu•d
FOR THE YEAR ENDED 31 DECEMBER 2022
13.
MOVEMENT IN FUNDS • contlnued
Net rnovemenl in fvnds, Induded In the abovè are 88 follows..
In¢omlng
resources
RasourG•s
expended
ovemenl
in fvnd8
Unrèstrictsd fund$
General fund
Hardship Fund- de8lgn8tad
175,280
{207.1821
13.4481
I31.￿)2)
12.9481
175.780
(210,6301
134,8501
R•strlct•d funds
Jacey Building
Ma¢edonla fund
Restricted ffixed a88et
3,680
120
12,8271
(9251
853
18051
{14,2001
14.2001
3,800
(17.9521
(14.1521
TOTAL FUNDS
179.580
1228,582}
(49.002}
Comparndves for movement In fund6
Net
movernant
in fund8
TransfeTS
between
funds
At
31.1221
At 1.1.21
Unrèstrkt•d funds
General fvnd
Hartlship Fund - d8slgnat8d
Ron Lagacy. designated
151.192
6,948
2,331
12.1[
13,550)
541
500
162,544
3,898
2,331
160.471
8.556
1254)
168,773
Restiicted funds
Jacey Building
Macedonia fund
Reslri¢ted fix8d ass8t
10,657
2LKJ
(3.851)
(20)
6.806
180
1.117,225
2,000
114.200)
254
1,103,279
2.000
1.130.082
118.071)
254
1.112.265
TOTAL FUNDS
1,290.553
(9.515)
1,281.038
Pog8 12
contlnued...

DUKE STREET CHURCH
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 DECEMBER 2022
1&
MOVEMEKf IN FUNDS. contlnued
Comparative net movgment in fund¥. indud8d in the above are as fdl
Incoming
Tesvurcg9
Resourc68
ewwKlgd
Movernenl
In thJnd8
Unre8tslcted l￿d8
General lund
Hardship Fund- deslgnated
184.669
(152.5631
13.5501
12,108
(3.550)
164,669
1156,113)
8.556
Restrlctsd funds
Jacey Building
Mac8donia fund
Restricted ffixed a88et
6.811
120
110.8821
{140}
{3.851)
{20)
{14200)
{14.200)
6,931
{25,002)
{18.071)
TOTAL FUNDS
171.600
{181.115)
19.515)
Restrfcted Funds
Fixed Asset Fund- relate8 to a88ets ao4uired by th8 church.
Jacey Building- up keep of Jacey Fuildir
Artwork Fund- To be Spent on artwork for th& church.
Macgdonla Fund- mongy coll8ded donatad lo a church In m￿9d0￿￿&
Designated Fund8
Hardship Fund is a dlscrgtionary fulld available to provKl¢ financial r8lipf lo members ￿ the community agre8d
by the Irt4Steeg.
Ron 18gacy projoct- to be spent on it8ms approved tythe trustees.
1￿ RELATED PARTY D13CLOSURE8
Thara w8r8 no r8lat8d party transac￿nS fortho year ended 31 Dec4mb8r 2022.
Po98 13

DUKE STREET CHVRCH
DETAILED STATEMENT OF F114ANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2022
2022
2021
INCOME AND ENDOWMENTS
Donatlons and legacles
Gifts
Donations and ¢ollection8
Gift ald
Job Retenuon Stheme
1.499
124.837
17,223
52,279
76,854
16,414
1,865
143.359
147,412
Oth•rtradlng •ctlvltl•s
Room hir
Coffee shop Income
Rents received
Event and actlvty income
6,705
21,B42
6.000
276
1,399
9.5S3
12,811
34,823
23,763
Invostmort Incom•
Interest receivable- trading
708
274
Charltabk a¢tlvltle$
Youth A¢tivities
690
151
Tot41 In¢omlng tg¥our¢•$
179,580
171.800
EXPENDITURE
Charitable acti¥itl•s
Wages and salaiie6
Sodal security
P8nslon8
Ratas, watsr and an8rgy
Insurance
Adrniriislratron exp8nses
Actwtty 8XPen80S
Cl8pning and maintsndnc8
Church seNce expenses
Mission and wing
Youth expense8
Ministry èxpenÈas
Flat èxp8ns89
Community activities
Coffee shop purchases
MISS￿nary flat 8xpense5
Depreciation Frgehold Propgrty
Depre￿ation Long L8a5eh(Ad
Dapreciation Fixturas and FittirMJs
08procAation Computer Equipment
92,501
2,972
4,346
15,992
2.547
8.377
3,003
20,149
296
33,266
1,446
2,232
7,262
1,303
9,843
2,827
14,200
600
3,144
56
78,591
1.383
3,654
6,029
2.189
7,135
1.162
7.423
2,617
30.298
1.058
2,565
756
5,791
10,662
14.200
600
2,788
226,362
178.955
support costs
GOV•man￿ ¢¢sts
Accountancy and legal fee8
2,220
2.160
Total r8sourc*s 8xpended
228,582
181,115
N•t •xpendMur•
(49,002)
19,515)
Th18 pagè does not fomi part of the statutoryflnandal 8tal8m8nts
Page 14