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2022-08-31-accounts

RIVE RSI DE C￿U￿¢ For the year ended 31 August 2022 Rlverside Church Trust Charity number. 1099487 Company number: 04479264 Trust Information.................................................................................-................................. .......... Reference and Admlnistrative Infomiation ............................. .................-................................. Twstee51Dirertors................ ..................................................................................................... Independent Exarniner.................... ......................................................................................... Bankers.............-.-....-........................................................................................... ..................... Solicitors.. Report of the Trustees........-............................................................................................................. Objertive5 and Activities......................................................................................~........................ Structure, Govemance and ManagemenL................................................................................... Governing Document.....................................................-...-............................. ............. Recruitment and Appointrnent of Trustees ............-........-... .................... ........................ ... Trustee Induction and Training........................................-................................................ . ..... Organisational Structure........................................................................................ ............,...... Risk Management....................................................................................-...-.............................. Relationships to other organisations......................... .................. How Our Acttvities DelFver Public Benefrt ar￿ Who Has Beneffted....-..................................... Worship and prayer....... ........_.................-............ .................................................,................ Fellowship and Pastoral Care................... ........................................ ....................................... Mission...........................................................................................................................-.......... Riverside House..........-...........................- Financial review........................................................................................................ ...-................ Reserves policy.....................-.......................-........................................................................... Rfver51d• Year End 2022 Accounts End Flnal.docx Page 1 of 22

Funding sources ........... ......................................................... Going concern........................................................ .................................. Independent Examiners Reportto the trustee5 of Rrverside Church Trust...............................10 Responsibilities and basis of report........................................................................................10 Independent examiner's statement.......................................................................................10 Statement of Financlal Artmties..................................................................................................... Balance Sheet as at 31 August 2022 ...................-..........................................................................12 Notes to the Finanaal Statements for the Year Ended 31 August 2022.....................................13 1 Accountlng Policies......................................................................................................... ..... 13 (a) Accounting convention.................................. ...............................................................13 (bl Income.............. .............................................................................................................13 (c) Resources Expended.....................................................................................................13 (d) Unrestritted Funds...............................-.............. ..............................................,.........14 (el Restricted Funds........ ...................................................................................................14 (O Flxed A5sets.................-..............................................................................-.................... 14 (g) Penslons........................................................................................................................14 {h} Finance and operating leases............................-........................... .........-..................14 Impalrment of fixed assets...................................................................................... ....14 ti) Cash and cash equivalents....................................... .......................................................14 (k) Financial instruments............ .....................................................................................,.14 O) Basic financial assets. .15 (ml Basic financial liabilities . .15 In) Employee benefits............................................................................................ ....... ..15 {0) Post Balance Sheet Events.....-......................................................................................15 2 Analysis of income................................................................................................................16 3 Analysis of expenditure...................................................................-.........................-........16 4 Staff CostS.............-................................................................................................................18 5 Trusteeg remuneration and expenses...............................................................................18 6 Tangible Fixed Assets.....................................................,........................ ............................19 8 Creditors: Amounts falling due ¥*rythin one year............................................................20 9 Obligations and commitments.......................................... .................................................20 Capital commltmentS..................................-.........................-.................................................20 10 Related paty transactions...............................................................................................20 Taxation ...................... ......................................................................................................20 Page 2 of 22

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REFERENCE AND ADMINISTRATIVE INFORMATION

Charity Name: Riverside Church Trust Charity Registration Number: 1099487 Company Registration Number: 04479264

.

A Worthington - Chair (resigned 5 September 2022) P Bonner (resigned 20 September 2022)

INDEPENDENT BANKERS ~~—~~—SSOLICITORS.S~=<CSsé=‘“i=SstSS EXAMINER Jerroms Business = The Co-operative Bank PLC — Anthony Collins Solutions Limited | PO Box 250, Delf House Solicitors LLP Lumaneri House Southway 134 Edmund Street Blythe Gate Skelmersdale Birmingham Blythe Valley Park §=WN86WT B3 2ES Solihull B90 8AH

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The Trustees, who are also directors of the company for the purposes of Company Law, present their report and accounts for the year ended 31 August 2022.

This report has been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Finance Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), and in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006,

OBJECTIVES AND ACTIVITIES

Riverside Church Trust is an independent Christian church.

The objects of the Riverside Church Trust as defined in the Memorandum and Articles of Association are, in the United Kingdom and overseas:

These objectives do not change, but the strategies and goals agreed may change. Our aim is to. always hold to our mission statement:

“We are a church on a journey to help people get to know Jesus and grow as His followers across Birmingham and beyond.” In line with this mission ‘statement, we are committed to enabling as many people as possible to worship at our services, belong to our fellowship, develop their spirituality and express their faith through service to others, particularly those inneed. In ‘Particular, we try to enable ordinary people to live out their faith as part of our fellowship through:

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STRUCTURE, GOVERNANCE AND MANAGEMENT

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GOVERNING DOCUMENT

The organisation is a charitable company limited by guarantee, incorporated on 5 July 2002, merging together previous charities Riverside Ministries Trust (charity number 327647) and Riverside Fellowship Trust (charity number 1046841), The objects of Riverside Church Trust are defined in the Memorandum and Articles of Association and the Trustees ensure that the activities of the church remain in line with these at all times.

RECRUITMENT AND APPOINTMENT OF TRUSTEES

Trustees are appointed from the membership of the church following nomination and interview by members of the Board and the Senior Pastor, All trustees serve as Directors.

TRUSTEE INDUCTION AND TRAINING

Theresources Company Secretaryis responsible for the briefing and training of trustees, drawing on the from the Trust's solicitors, accountantsand other relevant organisations such as Charity Commission and the Evangelical Alliance. We keep abreast of developments in charity law and policy through several charity bulletins and seminars available for trustees, Significant. changes are worked through in detail, Trustees are provided with an induction pack giving an introduction to the legal requirements and responsibilities of trustees, anda comprehensive statement of the objects, values and beliefs of the church. They are introduced to the financial and management.arrangements of Riverside and supported in their role by the Chair and other Trustees.

ORGANISATIONAL STRUCTURE

The Board of Trustees meet regularly throughout the year to provide support to the leadership team and oversee the direction of the church in keeping with the Objects, approve budgets, receive management accounts, and determine significant policy. The day-to-day activity of the church is managed by a Church Leadership Team acting within ‘teamresponsibilitiesand Trustees.delegated by the Trustees, Thereis regular liaison between members ofthe

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The Trustees are supported by a Finance and Risk Committee, which includes two Trustees, the Operations Director and other long-standing members of the church with appropriate experience and expertise. This team, acting within delegated responsibilities, reviews budgets, considers proposals for expenditure and makes recommendations to the Church. Leadership Team and Trustees. The majority of the work of Riverside Church Trust is carried out by a large and willing body of volunteers who are engaged in every area of the church's ministry, without whom most of the aims of Riverside Church could not be delivered as they are now. No appropriate value can be attributed to this contribution, which therefore is not included in the financial valuation of the Trust. irae lh neces gua eee tee tee <a gan eens RISK MANAGEMENT We are satisfied that we have systems in place to support giving, manage resourcesand hold an acceptable level of reserves.

Trustees have established ‘Guardrails’ which provide early warning of financial exposure. They comprise minimum cash balances, together with limits on the proportion of income committed to staff costs. We also monitor levels of giving and other income.

Our policy is that each year the Finance & Risk Committee review our Risk Register, which identifies the various risks to the church and considers the relative likelihood of those risks occurring. Where risks have increased, appropriate remedial action is initiated.

Riverside has in place a Safeguarding Policy covering all of our activities with children and young people and vulnerable adults. This policy has been developed and is reviewed in line with legal requirements and current practice. Staff and volunteers receive appropriate training and information and are subject to all necessary checks, e.g, via the Disclosure and Barring Service (DBS), The policy is reviewed annually by Trustees and updated as and when necessary.

When employment legislation changes, our employment policies are reviewed, the changes are publicised to staff, and the staff handbook regularly updated. Given the nature of Riverside as a Christian church, we have a Christian Ethos Statement in place,

As a Christian organisation, we aim to demonstrate the benefit we bring to our local and wider communities. Trustees have had due regard to guidance published by the Charity Commission on public benefit.

See RELATIONSHIPS TO OTHER ORGANISATIONS The church is a member of the Evangelical Alliance and has working relationships with local churches in Moseley, Kings Heath, Bournville and other parts of Birmingham and across the UK,

We run a weekly youth club in conjunction with Church of the Ascension, Stirchley. The church supports a number of people working overseas, through prayer, financial and logistical support. This is often facilitated through regular funding to those people through the organisations who support them. Closer to home we provide support and supervision for a cross-cultural community worker employed by Interserve.

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HOW OUR ACTIVITIES DELIVER PUBLIC BENEFIT AND WHO HAS BENEFITED

The year to August 2022 saw a huge shift in our church and staff as we were adjusting back to everyone coming back. Shifts included new roles that required to be filled and other staff taking on different roles as we changed some of our strategy and vision. We recruited a new operations director, house manager, events manager, a new children’s pastor and a new finance manager.

i

WORSHIP AND PRAYER

}

The year was once again marked with the three days of prayer and fasting .

Although we kept our online presence, we started seeing many people come back to our live services and prayer meetings. A vision cast which our senior pastor made in the summer of 2021 saw many people uniting and eager to partake in what God was doing at Riverside. We continued to give emphasis onlife groups, community groups and saw an increase to our youngof people groups too. Three new life groups started this year. We continuedto see a lot growth in the church and many still being reached by our online presence. With emphasis on prayer, there have been local community based prayer and prayer walks that many of our groups joined in.

eee FELLOWSHIP AND PASTORAL CARE

Over the last year, we have developed a central pastoral hub of champions and chaplains supporting people pastorally in multiple, wonderful ways both in church and across the community.

We started volunteer chaplaincyto address the increased isolation.and loneliness in our community. Twelve wonderful volunteers have faithfully walked alongside people during the (Pandemic and beyond, Two people have now said that they might not still be alive today without their chaplain’s care. As part of our chaplains care, we provide; generational support such as “Breathe”,. “Lone Parenting”, “Champion for the elderly and youth zone” etc: We also provide emotional health services such as “Mental Health Support”, Red Flag pastors and Wellbeing Champion among others, And lastly we provide practical provision services such as Wednesday café, open lunches and many other services.

Baptisms continued this year with 11 new baptisms. They were postponed for much of the year but we did manage to hold one baptismal service. We continued with our commitment to become a bereavement friendly church; we have continued running the Bereavement Journey course (Ataloss.org) regularly for the bereaved in our community. Children and families’ work has seen much growth and has flourished this year. Our stayand-play program runs two mornings a week with over 80 families on our books. We have kids life groups, and we are seeing huge growth in numbers, Sarah Thomson has joined this year as our new Children’s worker.

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Youth ministries continue to develop, led by John Goodliff and his team of volunteers. Many young people have given their lives to God, with 7 of them being baptised this year. About 45 youth come to the Friday night youth activities “Roc Solid and Miff’. The youth continue to enjoy a variety of activities and go away together to the Limitless festival, which has had much impact on their faith.

Riverside Academy was running again this year and had 4 people join our team, 3 of them joining the performing arts track and one Joining the youth track. It has been wonderful to see them impacted by the ministries at Riverside,

MISSION

Julian Mander our previous Operations Director is now responsible for overseeing the mission work of Riverside Church. This has helped to manage the mission well and see the fruits of what their achieving.

Riverside Performing Arts (RPA) was busy in the last year working with over 30 schools. This included over 192 workshops. They also continued running REACT Summer School and performing in several festivals.

Riverside Money Advice (RMA) provides free face-to-face money advice and help to people who want to get their finances under control or to escape debt or poverty. This last year RMA distributed £57,000 in emergency funds; The team comprises 24 people who are advisors, chaplains, befrienders, interviewers, administrators and café hosts. RMA works alongside a free café which has provided a warm space, coffee and cake while people wait to be served. . Real Riverside Football Club has moved to the West Midlands Christian League for the 2021/22 season. The team has seen growth, and more young people are opening up to hear about Jesus. After every match, they go to the pub together and are treated to some fish, chips, and beer, They continue to bond and create positive friendships with one another. In addition to the above, Riverside Church continues in its partnerships with Open Doors, supports three other local missions and individuals and couples engaged in mission work around the world.

aheeeSTAFFee The staff of Riverside Church have continued to adapt to the changes within Riverside Church. A new organisational structure is being established, and manypolicies are being reviewed. The team has done well and continues working together to.find solutions to deservesproblems. Newskills have been learned, and responsibilities shared cheerfully. The Team credit for rising to the challenge and embracing change. This year a new operations team has been built to support the projects and ministries of Riverside.In January, Ado Muronzi came in as the new Operations director, Jackie and in February, help Nichol joined as a new house manager. Martin had kindly stepped in as a volunteer to with the finances, until we were able to find and recruit a finance. manager, Claudie Richardson, in July. in the same year, we also appointed Mark Isgrove to manage events and iis

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RIVERSIDEHOUSE= Riverside House, located at 21 Alcester Road, Birmingham, provides office and meeting space for all staff and many of our volunteers as well as hosting numerous events and activities. A large hall caters for services, meetings and social functions. A number of smaller rooms also host activities.

FINANCIAL REVIEW

Regular giving income has remained steady. The economic conditions, however, meant our expenditure was a bit higher than the previous year. With additional staff members, our staff costs are also higher. The staff costs, however, remain under the set guardrails that were put in place by the Riverside trustees. Overall,ouraccounts continue to look positive and healthy. We continue to operate sustainably with our regular expenditure covered by regular giving.

RESERVES POLICY

—_

Our policy is to hold unrestricted cash reserves necessary to cover running costs for four months in the event of a. major variation of circumstances. Reserves are monitored quarterly as part of our management reporting.

FUNDING SOURCES

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Riverside’s main funding source is through the kind donations of Riverside members who are part of our congregation, through standing order and direct debits and through our weekly offering within our services.

We continue to apply for grants-to fund particular projects or initiatives and have been successful in securing such funds for Riverside Performing Arts and Riverside Money Advice. Where grant funds are unrestricted and expended, these are accounted for as part of our general fund.

GOING CONCERN AsThestated in note 1(0), the Trustees have consideredthe effect of the Covid-19 outbreak, . least Trustees are confident that the Charity can continue asa going concern fora period of at have twelve months from the date of approval of these financial statements. The Trustees a reasonable expectation that the Charity has adequate resources to continue in operation for the foreseeable future.

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Approved by the Board of Trustees on oe 2023
And signed on its behalf
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Name: Ma vdindog | Name: Ay
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| report to the charity trustees on my examination of the accounts of the company for the year ended 31st August 2022, which are set out on pages2 to 22.

RESPONSIBILITIES ANDBASISOFREPORT = =|

As the charity trustees of the company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination, | have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

a

INDEPENDENT EXAMINER'S STATEMENT

Since the company’s gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 act. I confirm that | am qualified to undertake the examination because | am a member of Chartered Certified Accountants, which is one of the listed bodies.

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

| 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 undetgtanding of the accounts to be reached.

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re4 Nor oe A May A003
Richard Horton FCA for and on behalf of Jerroms Business Setutions Limited, Chartered
Certified Accountants -_
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For the year ended 31 August 2022

Notes Unrestricted Restricted 2021/22 2020/21
Income and endowments
Income fromgenerated funds
Donationsand legacies 2 526,313 102,899 629,242 620,996
Othertrading activities
‘Incomefrom investments 2,474 2,474 1,909
Incomefrom charitable activities
Otherincome		 22,662 47,761 70,423 =.28,943
Grants Receivable 2 _ 573 —-27,142 27,715 __57,579
Totalincomeandendowments 552,021 177,803 729,824 709,427
Expenditure on
Charitable activities
Governance Costs
Total ResourcesExpended		 3. (623,997)
oe
(623,997)		 (174,189)
(798,186)
(669,097)
. ee
(174,189)_—(798,186). (669,097)
Netincome/(expenditure) (71,976) 3,614 (68,362) 40,330
Transfers between funds
Net(outgoing)/incoming resources 1412 (71,976)
3.614		 =(68,362) 40,330
Fundbalances brought forwards
Fundbalancescarriedforwards		 994,775
922,799		 140,130
143,744		 1,135,085
1,066,723		 1,094,755
1,135,085

Movements on reservesand all recognised gains and losses are shown above.

The notes on pages 13 to 22 form part of these accounts,

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FIXEDASSETS Notes 2021/22 2020/21
TangibleAssets 6 497,250 500,792
CURRENTASSETS
Debtors 7 ~=—28,039 20,854
Cash atbankand inhand 581,914 625,294
609,953 646,148
CURRENT LIABILITIES
Creditors- fallingduewithin oneyear 8 (40,480) (11,856)
NETCURRENTASSETS
Total assets less current liabilites		 __569,473
1,066,723		 __634,292
1,135,085
NET ASSETS 1,066,723 1,135,085,
FUNDS
Unrestricted
General
Designated		 13 580,907
342,574		 532,997
461,779
Restricted 13 923,481
__143,242
4,066,723		 994,775
140,310
1,135,085

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Trustees’ responsibilities:

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* The trustees acknowledge their responsibilities for complying with the requirements
of the Act with respect to accounting records and the preparation of accounts.
ApprovedRiverside byChurchthe BoardTrust of TrusteesCompany on No:Peg0447926 !ag 2023 and signed on its behalf.
Name: MANN seR Name:| AtiSonl: LAL KER,
hobhchreoN
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1 ACCOUNTING POLICIES

(A) ACCOUNTING CONVENTION

——————

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:

The charity has applied Update Bulletin 1 as published on 2 February 2016.

No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees’ Annual Report.

Thefinancial statements are prepared in sterling, which is the functional currency ofthe company. Monetary amounts in these financial statements are rounded to the nearest £.

Riverside Church Trust meets the definition of a public benefit entity under FRS 102.

(BYINCOME Income from tax reclaims is included in the SOFA when due. All gifts and donations are accounted for on a receivable basis.

Grants are recognised in the statement of financial activities, when there is reasonable assurance that:

i) the charity will comply with the conditions attaching to them; and ii) the grants will be received

Gifts received inkind are valued by the trustees at their approximate market value and included within income and expenditure.

(C)RESOURCESEXPENDED recognisedExpenditureis allocated to the particular activity where the cost directly relates. Liabilities are out resources, as soon asthere is a legal or constructive obligation committing the charity to pay Administration and office overheads and other related expenses are apportioned between direct charitable activities. For each direct activity, its total of “Staff Costs” and “Direct Costs” as a percentage of the total resources expended is used for its share ofapportioned costs,

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(D) UNRESTRICTED FUNDS

These funds are available as general funds of the charity, which the Trustees are free to use in accordance with the charitable objects.

(E)RESTRICTEDFUNDS= ——S These funds are to be used to specific purposes as laid down by the donor.

Fixed assets are shown at cost. Items of a capital nature and costing in excess of £500 are capitalised. Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of each asset ona straight-line basis over its expected useful life as follows: Land 0% per annum Freehold property 2% per annum Furniture and Equipment 20% per annum Office Equipment, Audio Visual equipment 25% per annum Vehicles 25% per annum

(G) PENSIONS The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the financial statements in the period they are payable. (H)OPERATINGLEASESFINANCE AND Rentals applicable to operating leases are charged to the SOFA over the period in which the cost is incurred. Assets purchased under finance lease are capitalised as fixed assets. Obligations under such agreements are included in creditors. The difference between the capitalised cost and the total obligation under the lease represents the finance charges. Finance charges are written-off to the SOFA over the period of the lease so as to produce a constant periodic rate of charge.

() IMPAIRMENT OFFIXEDASSETS = Atdetermine each reportingend date, the charity reviews the carrying amounts of its tangible assets to such indicationwhetherexists, therethe recoverableis any indication amount that of those the sufferingasset is estimated an impairmentin order loss. to determineIf any the extent of the impairment loss (if any). (J)CASHANDCASHEQUIVALENTS Cash and cash equivalents include cash in hand and deposits held at call with banks,

(K) FINANCIAL INSTRUMENTS

TheSection charity has elected to apply the provisions of Section 11 “Basic Financial Instruments”and 12 “Other Financial Instruments Issues” of FRS 102 to all of its financial instruments. Page 14 of 22

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

(L)BASICFINANCIALASSETS = ~~ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. (M)BASICFINANCIALLIABILITIES ~~ Basic financial liabilities, including creditorsand bank loans are initially recognised at transactioninstrument price unless the arrangement constitutes a financing transaction, where the debt. ismeasured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. (N)EMPLOYEEBENEFITS= Theemployee's cost of any unused holiday entitlement‘is recognisedin the period in which the annual services are received. Each term we check that employees are on track in booking leave, and consider that this is adequate to ensure that no adjustment at year-end is required for our small number of employees. Termination benefits are recognised immediately as an expense when the charity is demonstrablybenefits. committed to the employmentof an employee or to provide termination (0) POST BALANCESHEETEVENTS= ==~~~ We are not aware of any material events post-balance sheet that require disclosure.

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2 ANALYSIS OF INCOME

Donationsand legacies Unrestricted Unrestricted Restricted Total Total
Funds Funds 2021/22 2020/21
£ £ £ £
Donations 437,196 89,184 526,381 512,208
HMRCGiftAidRebate 89,117 13,715 102,831 108,789
£ 526,313 £ 102,899 £ 629,212
£		 620,997
Grants Receivable Unrestricted Restricted
Total
Funds Funds
2021/22		 2020/21
£ £ £ £
BirminghamCC §,292 §,292 -
Baron Davenport's Charity - 968
BournvilleVillageTrust - 1,000
CommonwealthGamesFund 18,400
18,400		 -
Cornerstone 3,000 3,000 30,000
Maydwell 450 450 -
Anon forReal RiversideTraining 573 §73
HMRCFurloughGrant - 13,120
National LotteryCommunityFund - 9,600
WestMidlands Police forPineapple
Youth Project		 . 2
‘		 892
- 27,715
~—-27,715		 ~——-$7,579
3
ANALYSIS OF EXPENDITURE
2021/22 =2020/21
Direct StaffCosts Apportioned Total Total
GeneralFunds
Pastoral
Under-18s
WorshipGatherings
Facilities
.
Designated Funds		 £
6,701
18,926
58,205
97,020		 £
146,617
50,418.
22,863		 £
77,358
29,326
21,431
45,901		 £
230,676
98,669
102,500
112,921		 £
240,840
94,798
72,574
61,623
Academy
CommunityTeams
Giving toOthers
Restricted Funds		 2,456
13,261
54,657		 6,532
§,782		 8,988
19,043
$4,657		 4,021.
1,887
57,256
Giftsbeingpassed on
MoneyAdvice
PerformingArts
PineappleYouthProject
WordofHands
OtherProjects		 12,695
22,344
16,859
3,445
808
154		 36,695
73,861
3,873		 12,695
59,039
90,719
3,445
4,680
154		 11,480
36,140
69,174
1,476
17,827
307,528 346,642 144,016 798,186 669,097.

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€.

Total giving including gifts passed on was £67,353 (2021 :£68,736). The table below analyses giving by category.

AnalysisofGivingtoOthers 2021/22 2020/21
Total Total
£ £ £
Individuals intheUK
ElkeHanssman 1,858
Jamesand Mel Lynch 879
Mikeand Rachel Hill 3,976
Davidand Linda Isgrove 3,840
Discretionary Gifts(under£500) 3,438
13,991 18,377
Individuals - International
BandEAllen 11,305
EmmaThomas 8,139
SteveJones 2,852
22,296 19,779
OrganizationsintheUK
Interserve 7,800
CanaTrust 3,337
Agape (for thesupportofJ Blower) 1,920
Agape (forthesupportof PDuncan) 3,334
HealingontheStreets 1,000
The FeastYouth Project 600
StGermain's WellebingService 2,000
Time4ChangeBirmingham
EvangelicalAlliance		 1,000
440
Radstock Ministries 600
MoseleyChurchesTogether 148
Moseley in Lights 100
‘ChaplaincyPlus 600
Fusion 300
PremierChristian Radio 180
Stewardship -forUkraine 1,000
International Organizations 24,359 =27,052.
Open Doors 1,920
Scriptural Knowledge 4,787
6,707 3,528
67,353 68,736

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4 STAFF COSTS

2021/22 2020/21
£ £
Wagesandsalaries 374,524 369,774
Social securitycosts 32,402 24,462
Pension 18,051 15,591
424,977 409,827

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions paid by the company to the fund. No employee earned more than £60,000 per annum.

Average number of employees (calculated on an average full time equivalent basis)

2021/22 2020/21
Directcharitablework 10 9
Administration 2 4
12 13

5 TRUSTEES’ REMUNERATION AND EXPENSES

No remuneration was paid or payable for the year to any Trustees for their role. See note 14 for related party transactions,

Page 18 of 22

6 TANGIBLE FIXED ASSETS

Office and
Freehold
Property
£		 Furniture&
Minibus
Equipment
£
£		 AudioVisual
Equipment
Total
£
5
COST
At31August 2021
Additions
Disposals
At31 August2022		 777,609
4,342
-
781,951
A		 17,280
97,160
-
14,054
- (
2,016)
17,280
109,198
EE
Ie		 136,665
1,028,714
15,193
33,588
~ (
2,016)
151,858
1,060,286
181,696
1,060,266
DEPRECIATION
At31 August2021
316,177
17,280
90,014
104,451
527,922
Chargefortheyear
13,639
-
7,734
15,758
37,131
Eliminatedondisposa
-
ai
2,016)
- (
2,016)
At31 August 2022
329,816
17,280
95,732
120,209
563,036
See
ie
OUD
563,036
NETBOOKVALUES
At 31 August2021
At 31August2022		 461,432
-
7,146
32,214
500,792
452,135
-
13,466
31,649
497,250
E8688
487,250

Included within the freehold property cost is £100,000 relating to freehold land, which is not depreciated.

7 DEBTORS

----- Start of picture text -----
2021/22 2020/21
£ £
Prepayments 415,050 5,750
Other debtors 6,872 60
HMRC Gift Aid 6,417 15,044
28,039 20,854
----- End of picture text -----

Page 19 of 22

8 CREDITORS:

AMOUNTS FALLING DUE WITHIN ONE YEAR

2021/22 2020/21
£ £
Payroll Liabilities -HMRC PAYE 9,422 6,109
Accounts Payable §,366 1,447
Leaseobligations - r
Governance 4,500 4,300
Accruals - -
Deferred Income 7,485 -
Other 13,708 -
40,480 11,856

Aggregate amountof secured liabilities ENone (2021 £None)

9 OBLIGATIONS AND COMMITMENTS

_ :

CAPITAL COMMITMENTS

——s a

Contracted for but not provided: 31 August 2022 £ None, (31 August 2021 £ None)

10 RELATED PARTY TRANSACTIONS

No related party transactions took place in the year.

11 TAXATION

The charity is exempt from corporation tax on its charitable activities.

Page 20 of 22

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12 CASH FLOW STATEMENT

Cash flow statement

2021/22 2020/21
£ £
Cash generatedfromoperating activities:
Netcashprovidedby(usedin)operating activities
Cashflowsfromothersources:		 (7,318) 79,936 Table 1
Interestfrom investments
Proceedsfromthesale ofproperty, plantandequipment		 (2,474) (1,909)
Application ofcash: (9,792) 78,026
Purchaseofproperty, plantandequipment
Purchaseofinvestments		 (33,588)
-		 (40,575)
-
Repaymentsofborrowing - -
(33,588) (40,575)
Netincrease/(decrease) incash:
Cash
atbankandinhandlessoverdraftsatthe beginningoftheyear
Cashatbank andinhandlessoverdraftsatendoftheyear		 (43,381)
625,294
581,914		 37,452
587,843Table2
625,204.
Table 1:Reconciliationofnetincome/(expenditure)tonet cashflow
fromoperating activities.
2021/22 2020/21
£ £
Netincome/(expenditure) (asper thestatementoffinancialactivities)
Adjustments for:		 (68,362) 40,330
Depreciationcharges
Interestfrominvestments
Loss/(profit)on thesaleoffixedassets		 37,131
2,474
-		 37,696
1,909
-
(Increase)/decrease indebtors
Increase/(decrease) increditors
Netcashprovidedby(used in)operatingactivities		 ( (7;185)
28,624
7,318)		 79,936
Table2:Analysisofcashatbankand inhandlessoverdrafts
2021/22.
2020/21
Cashatbank andin handatthebeginningoftheyear
Overdrafts
included inbankloansandoverdraftsfallingduewithin
one year		 £
625,294
-		 £
587,843
~
__825,294 825,294 587,843

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13. UNRESTRICTED AND RESTRICTED FUNDS, AND FUND MOVEMENTS

At31 August2021 August2021 Movements infunds Movements infunds At31 August2022
£ £ £
GeneralFunds
DesignatedFunds		 532,997
461,779
994,776		 47,910
(119,205)
(71,295)		 580,907
342,574
923,481
Restricted Funds At31 August2021 2021 Movements infunds At31 August2022
£ a £
RiversideMoneyAdvice
Free advice service		 77,088 9,118 86,206
Riverside PerformingArts
Christian dramagroup		 49,435 3,720 53,155
PineappleYouth Project
Youth workonthePineapple		 Estate 4,911 (1,963) 2,948
Restricted Funds
Small gifts to missionaries		 3,300 (2,367) 933
Word ofHands 5,576 (5,576) 0
Church with sign languaage
140,310 2,932 143,242
Total ____1,135,086 (68,363) 4,066,723

14 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fund balances at 31 August 2022 are represented by:

Unrestricted Restricted
funds Funds Total
£ £ £
Fixed Assets 497,250 0 497,250
Other netassets 22,253 5,787 28,039
Cash 443,821 138,093 581,914.
Liabilities (39,842) (638) (40,480)
923,481 143,242 1,066,723

15 LEGAL STATUS OF THE CHARITY

The charity is a company limited by guarantee and has no share capital. The liability of each memberin the event of winding-up is limited to £1.

16 CONTROL

There was no controlling party during the year.

Page 22 of 22