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|Pro reason strat|Pro reason strat|Pro reason strat||forthe
earended31Jul|forthe
earended31Jul|forthe
earended31Jul|forthe
earended31Jul|forthe
earended31Jul||2023|2023|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The following
table sets out what||||||Westhill|||planned|||to do at the start of the financial
year and the progress|||made|
|against|these objectives.|||||||||||||||
||What Westhill|||said|it would|do|||||||What progress Westhill made against these|||
||in 2022/2023||||||||||||objectives
in 2022/2023|||
|1.|Allocate|a minimum|||of6300,000for grants.||||||||55 grants were awarded
with a total value of|||
||||||||||||||F299,629 (c.f.42 grants totalling F299,340 in|||
||||||||||||||2021/2022). There have again been more grants|||
||||||||||||||given to smaller community
cohesion projects|||
||||||||||||||rather than larger
RE projects.|||
|2.|Review|of Westhill's|||Memorandum|||and||Articles|||A small working
party was established to discuss|||
||ofAssociation.||||||||||||Westhill's
Memorandum
and Articles ofAssociation.|||
||||||||||||||Proposed changes were taken to the Governance|||
||||||||||||||Committee
and then to all trustees
with a view to|||
||||||||||||||future proofing Westhill.
Following consultation|with||
||||||||||||||stakeholders
and a meeting
with a charity lawyer|an||
||||||||||||||initial draft was sent to the Charity Commission
on 18|||
||||||||||||||May 2023.|||
|3.|Continue||to promote "Create Talk" programme||||||||||The programme
has been actively promoted
during|||
||and develop new and existing resources.||||||||||||the year.
Two new exhibitions
have been launched|||
||||||||||||||in 2022/2023.
The resources
material
has been|||
||||||||||||||further developed.
The impact and website report|||
||||||||||||||forms continue to provide detailed feedback to inform|||
||||||||||||||the charity's strategic development.|||
|4.|Continue||Westhill's||relationships||with||other grant||||Communications
and networks
have been reviewed|||
||funders|in|the|fields|of religious||education||||and||and developed to ensure that grantees
remain|||
||faith-motivated|||social action.|||||||||supported,
together
with networking
through
national|||
||||||||||||||and local groups.
A meeting ofthe Birmingham|Faith||
||||||||||||||Leaders took place at Westhill
Lodge in July 2023|||
||||||||||||||followed
by an event to showcase Westhill's|||
||||||||||||||CreateTalk exhibits.|||
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|Trustees||Nominating|body|||||Appointed/Resigned|Appointed/Resigned|
|---|---|---|---|---|---|---|---|---|---|
|Rev 5Coleman||The Baptist|Union|of||Great Britain||||
|Miss 5 Evans|(Chair)|The Central|England|||Area Quaker Meeting||||
|Mrs
L Hewlett||The National|Governing||||Body|||
|||ofthe United Reformed|||||Church|||
|Dr RJackson-Royal||Christian
Education|||Movement|||||
|Mr A Morris||The National|Governing||||Body|||
|||ofthe Methodist||Church||||||
|Rev N Roberts||The Baptist Union||of||Great Britain||||
|Rev C Callanan||The United Reformed||||Church||-appointed|21June 2023|
|Rev K Price||The United Reformed||||Church||-appointed|21June 2023|
|Co-opted trustees||||||||||
|Dr A Ahmad||||||||||
|Mr 5Shiva||||||||||
|Mr DSlade||||||||||
|Mr PJ Ullathorne||||||||||
|Mr P White||||||||||
|Trust office manager||||||||||
|Mrs DWebb||||||||||
|Independent|auditor|||||||||
|JW Hinks
LLP||||||||||
|Chartered
Accountants||||||||||
|and Statutory|Auditors|||||||||
|19 Highfield|Road|||||||||
|Edgbaston||||||||||
|Birmingha
m||||||||||
|8153BH||||||||||
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|||||||Endowment|||
||||||Unrestncted|fund—|Total|Total|
||||||fund|expendable|funds|funds|
|||||Notes|E|E|E|E|
|INCOME AND ENDOWMENTS|||FROM||||||
|Investment
income||||3|482,370||482,370|486,378|
|EXPENDITURE ON|||||||||
|Charitable
activities|||||||||
|Religious
Education,||Arts and|Community||||||
|Cohesion|||||377,708||377,708|373,447|
|Support costs|||||9,558||9,558|8,853|
|Total|||||387,266||387,266|382,300|
|Net gains/(losses)
on||investments||12||(630,748)|(630,748)|43,208|
|NET INCOME/(EXPENDITURE)|||||95,104|(630,748)|(535,644)|147,286|
|RECONCILIATION
OF||FUNDS|||||||
|Total funds brought|forward||||764,555|14,499,245|15,263,800|15,116,514|
|TOTAL FUNDS CARRIED FORWARD|||||859,659|13,868,497|14,728,156|15,263,800|
||||||2023|2022|
|---|---|---|---|---|---|---|
|||||Endowment|||
||||Unrestricted|fund—|Total|Total|
||||fund|expendable|funds|funds|
|||Notes|f|E|E|E|
|FIXED ASSETS|||||||
|Tangible assets||11|5,129||5,129|7,460|
|Investments|||||||
|Investments||12|508,718|1&s&68s497|14377215|15,007,953|
|Investment|property|13|100,000||100,000|100,000|
||||613,847|13,868,497|14r482,344|15,115,423|
|CURRENT ASSETS|||||||
|Debtors||14|89,479||89,479|&5,15&|
|Investments||15|200,564||200,564|131,453|
|Cash at bank|||188,506||188,506|195,360|
||||478,549||478,549|411,971|
|CREDITORS|||||||
|Amounts
falling due within one year||15|(232,737)||(232,737)|(263,594)|
|NET CURRENT ASSETS|||245,812||245,812|148,377|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||859,659|13,868,497|14,728,156|15,263,800|
|NET ASSETS|||859,659|'13,868,497|14,728,156|15,263,800|
|FUNDS||17|||||
|Unrestricted|funds||||859,659|764,555|
|Endowment|funds||||13,&68,497|14,499,245|
|TOTAL FUNDS|||||||
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|INVESTM|ENT|INCOME||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||6|E|
|Managed|investment
fund||income|473,478|481,806|
|Playing field||rental income||4,463|4,255|
|Deposit|account interest|||4,424|317|
|Other sundry||investment|income|3||
|||||482,370|486,378|
##
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##
##
||||||||Grant|||
|---|---|---|---|---|---|---|---|---|---|
||||||||funding of|||
||||||||activities|Support||
||||||||(see note|costs (see||
||||||||5)|note 6)|Totals|
||||||||E|E|E|
|Religious|Education,||Arts|and||||||
|Community||Cohesion|||||288,071|89,637|377,708|
|Support|costs|||||||9,558|9,558|
||||||||288,071|99,195|387,266|
|GRANTS|PAYABLE|||||||||
|||||||||2023|2022|
|||||||||f|f|
|Religious|Education,||Arts|and|Community|Cohesion||288,071|287,340|
|||||2023|2022|
|---|---|---|---|---|---|
|||||f|f|
|Big Kids||||11,500||
|British & Foreign Bible||Society (over 2years)|||21,000|
|Chaplaincy
(University||of Birmingham)||13,418|12,899|
|Cinnamon
Network||||10,000||
|Entraide|||||20,000|
|Grace Enterprises|(over 2 years)||||20,000|
|Grassroots
Programme||||14,850||
|NASACRE|||||15,955|
|OffThe Fence|||||10,000|
|Prison Advice & Care Trust (PACT)|||||20,000|
|St Gabriel's
Centre|(over 2years)||||10,000|
|Swansea Sacre (over 2||years)|||12,000|
|The Mint House||||10,070||
|Total Insight Theatre (over 2 years)|||||10,000|
|Transforming
Lives|for|Good (TLG)||19,002||
|Trinity Church||||15,000|10,000|
|Total grants approved||f10,000 and above||93,840|161,854|
||||Balance carried forward|||
##
##
|||||2023|2022|
|---|---|---|---|---|---|
|||||f|E|
|||Balance brought forward||93,840|161,854|
|Grants approved
between
E5,001-f9,999:14(2022:5)||||87,911|34,300|
|Grants approved
up tof5,000:34(2022:26)||||117,878|103,186|
|Total grants approved
in the year||||299,629|299,340|
|A detailed
analysis ofgrants approved|in the year is available||upon request from the trustees.|||
|||||2023|2022|
|||||f|E|
|Grants approved
during the year||||299,629|299,340|
|Grants cancelled during the year||||(11,558)|(12,000)|
|Grant funding
ofactivities (see note 5)||||288,071|287,340|
|Grants payable at 1August 2022 and 1August||2021||241,623|233,871|
|||||529,694|521,211|
|Grants paid during the year||||(319,741)|(279,588)|
|Grants payable as at 31July 2023 and 31July 2022 (see note|||16)|209,953|241,623|
##
|SUPPOR|T COSTS|||||||
|---|---|---|---|---|---|---|---|
|||||||Governance||
||||||Management|costs|Totals|
||||||f|E|f|
|Religious|Education,|Arts|and|Community||||
|Cohesion|||||89,637||89,637|
|Support|costs|||||9,558|9,558|
||||||89,637|9,558|99,195|
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
||||||Religious||
||||||Education,||
||||||Arts and||
||||||Community|Total|
||||||Cohesion|activities|
||||||E|E|
|Wages|||||36,670|33,409|
|Pensions|||||2,751|2,505|
|Administration||fee|||11,525|10,969|
|Legal, professional|||and|other expenses|6,861|13,893|
|Office costs|||||9,711|9,175|
|Marketing|||||7,784|4,301|
|Property|related costs||||12,004|9,524|
|Depreciation||oftangible||assets|2,331|2,331|
||||||89,637|86,107|
|GOVERNANCE||COSTS|||||
||||||2023|2022|
||||||Support|Total|
||||||costs|activities|
||||||E|f|
|Trustees'|expenses||||61|27|
|Auditors'|remuneration||||6,480|6,240|
|Trustees'|indemnity||and|other insurance|3,017|2,586|
||||||9,558|8,853|
##
##
|||||2023|2022|
|---|---|---|---|---|---|
|||||E|E|
|Auditors'|remuneration|||6,480|6,240|
|Depreciation||—owned|assets|2,331|2 331|
##
##
##
|||||2023|2022|
|---|---|---|---|---|---|
|||||E|E|
||Trustees' expenses|||61|27|
|9.|STAFF COSTS|||||
|||||2023|2022|
|||||E|E|
||Wages and salaries|||36,670|33,409|
||Other pension costs|||2,751|2,505|
|||||39,421|35,914|
||The average monthly|number of employees|during the year was as follows:|||
|||||2023|2022|
||Administration|||2|2|
##
|10.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||
|---|---|---|---|---|---|---|---|
|||||||Endowment||
||||||Unrestricted|fund—|Total|
||||||fund|expendable|funds|
||||||f|6|E|
||INCOME AND ENDOWMENTS|||FROM||||
||Investment
income||||486,378||486,378|
||EXPENDITURE ON|||||||
||Charitable
activities|||||||
||Religious Education,||Arts and|Community||||
||Cohesion||||373,447||373,447|
||Support costs||||8,853||8,853|
||Total||||382,300||382,300|
||Net gains on investments|||||43,208|43,208|
||NET INCOME||||104,078|43,208|147,286|
||RECONCILIATION|OF FUNDS||||||
||Total funds brought||forward||660,477|14,456,037|15,116,514|
||TOTAL FUNDS CARRIED FORWARD||||764,555|14,499,245|15,263,800|
|11.|TANGIBLE FIXEDASSETS|||||||
||||||||Leasehold|
||||||||improvements|
||||||||6|
||COST|||||||
||At 1August 2022 and 31July 2023||||||53,614|
||DEPRECIATION|||||||
||At 1August 2022||||||46,154|
||Charge for year||||||2,332|
||At 31July 2023||||||48,48S|
||NET BOOK VALUE|||||||
||At 31July 2023||||||5,129|
||At 31July 2022||||||7,460|
##
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##
|||||||Endowment||||
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Fund-||2023|2022|
||||||Fund|expendable||||
||||||E|E||F.|E|
|Market value|at 31July 2022||||508,718|14,499,245|15,007,963||14,964,755|
|Additions
at cost||||||||||
|Sale proceeds|on|disposal||||||||
|Gain/(loss)
in|the|year:||||||||
|—realised||||||||||
|—unrealised||||||(630,748)|(630,748)||43,208|
|Market value|at 31July 2023|||||||||
|Historic cost at 31July 2022|||||||8,|8,88||
|ANALYSIS OF|INVESTMENTS|||||||||
|||||||||2023|2022|
|||||||||6|E|
|COIF Charities|Ethical Investment|||Fund|||12,910,328||13,251,974|
|Charities
Property||Fund|||||1,466,887||1,755,989|
||||||||,3,3|||
|ASSET ALLOCATION OF COIF|||CHARITIES||ETHICAL INVESTMENT|FUND||||
|||||||||2023|2022|
|||||||||5(8|N|
|UK equities||||||||8.37|10.27|
|Fixed interest||||||||8.70||
|Property||||||||3.06|4.90|
|Cash||||||||4.78|11.83|
|Overseas equities||||||||66.19|61.82|
|Infrastructure|and|operating|assets|||||6.84|7.90|
|Other||||||||2.06|3.28|
|||||||||DD.DD||
##
##
|14.|DEBTORS:AMOUNTS
FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||2023|2022|
|||E|E|
||Accrued income|87,550|83,138|
||Prepayments|1,929|2,020|
|||89,479|85,158|
|15.|CURRENT ASSET INVESTMENTS|||
|||2023|2022|
|||6|6|
||Cash at bank on deposit||131,453|
|16.|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|
||||2023|2022|
||||6|6|
||Grants payable||209,953|241,623|
||Accrued expenses||22,784|21,971|
||||232,737|263,594|
##
|MOVEMENT|IN FUNDS||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.8.22|in funds|31.7.23|
|||f|E|E|
|Unrestricted|funds||||
|General fund||764,555|95,104|859,659|
|Endowment|funds||||
|Endowment|fund - expendable|14,499,245|(630,748)|13,868,497|
|TOTAL FUNDS||15,263,800|(535,644)|14,728,156|
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|lasses|in funds|
||||E|E|f.|E|
|Unrestricted|funds||||||
|General fund|||482,370|(387,266)||95,104|
|Endowment|funds||||||
|Endowment|fund|—expendable|||(630,748)|(630,748)|
|TOTAL FUNDS|||482,370|(387,266)|(630,748)|(535,644)|
##
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.8.21|in funds|31.7.22|
||||E|E|E|
|Unrestricted|funds|||||
|General fund|||660,477|104,078|764,555|
|Endowment|funds|||||
|Endowment|fund|—expendable|14,456,037|43,208|14,499,245|
|TOTAL FUNDS|||15,116,514|147,286|15,263,800|
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|||||f|f|f|
|Unrestricted|funds||||||
|General fund|||486,378|(382,300)||104,078|
|Endowment|funds||||||
|Endowment|fund|—expendable|||43,208|43,208|
|TOTAL FUNDS|||486,378|(382,300)|43,208|147,286|
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.8.21|in funds|31.7.23|
|||f|E|6|
|Unrestricted|funds||||
|General fund||660,477|199,182|859,659|
|Endowment|funds||||
|Endowment|fund - expendable|14,456,037|(587,540)|13,868,497|
|TOTAL FUNDS||15,116,514|(388,358)|14,728,156|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|||6|E|E|E|
|Unrestricted|funds|||||
|General fund||968,748|(769,566)||199,182|
|Endowment|funds|||||
|Endowment|fund - expendable|||(587,540)|(587,540)|
|TOTAL FUNDS||968,748|(769,566)|(587,540)|(388,358)|
##
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||2023|2022|
|---|---|---|
|||E|
|Within one year||4,310|
|Between two and five years|16,156|17,240|
|In more than five years||2,685|
||16,156|24,235|
##
||2023|2022|
|---|---|---|
||E|E|
|Within one year|2,347|2,347|
|Between two and five years|1,174|3,522|
|In more than five years|||
||3,521|5,869|