## **Trustees’ Annual Report for the period** 

**From 01April 2023                 To         31 March 2024** 

## **Charity name: Open Heaven (Wednesbury)** 

## **Charity registration number: 1123352** 

## **Objectives and Activities** 

||SORP reference||
|---|---|---|
|Summary of the purposes of<br>the charity as set out in its<br>governing document|Para 1.17|THE OBJECTS OF THE CHARITY ARE<br>FOR THE BENEFIT OF THE PUBLIC<br>("THE OBJECTS"):<br>(A) TO ADVANCE THE CHRISTIAN FAITH<br>IN ACCORDANCE WITH THE<br>STATEMENT IN SUCH WAYS AND IN<br>SUCH PARTS OF THE UNITED<br>KINGDOM OR THE WORLD AS THE<br>CHURCH COUNCIL FROM TIME TO TIME<br>MAY THINK FIT;<br>(B) TO RELIEVE SICKNESS AND<br>FINANCIAL HARDSHIP AND TO<br>PROMOTE AND PRESERVE GOOD<br>HEALTH BY THE PROVISION OF FUNDS,<br>GOODS OR SERVICES OF ANY KIND<br>INCLUDING THROUGH THE PROVISION<br>OF COUNSELLING AND SUPPORT IN<br>SUCH PARTS OF THE UNITED<br>KINGDOM OR THE WORLD AS THE<br>CHURCH COUNCIL FROM TIME TO TIME<br>THINK FIT; AND<br>(C) TO ADVANCE EDUCATION IN SUCH<br>WAYS AND IN SUCH PARTS OF THE<br>UNITED KINGDOM OR THE WORLD AS<br>THE CHURCH COUNCIL FROM TIME TO<br>TIME MAY THINK FIT.|
|Summary of the main<br>activities in relation to those<br>purposes for the public<br>benefit, in particular, the<br>activities, projects or<br>services identified in the<br>accounts.|Para 1.17 and<br>1.19|• Provides human resources<br>• Provides buildings / facilities<br>• Provides services<br>• Provides advocacy / advice / information<br>Youth clubs<br>Children’s club<br>After school clubs<br>Parent and toddler activities<br>Family activities<br>Youth camp<br>Community inclusion activities<br>Church meetings<br>Food pantry and food bank|





|Statement confirming<br>whether the trustees have<br>had regard to the guidance<br>issued by the Charity<br>Commission on public<br>benefit|Para 1.18|In the construction of the aims of the<br>charity, the trustees have had regard to<br>said guidance.|
|---|---|---|



## **Additional information (optional)** You may choose to include further statements where relevant about: 

||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|Grant applications support activities that<br>align to the charity objectives such as youth<br>and children activities. Grant money is kept<br>within restricted budgets to ensure correct<br>spend allocation.|
|Policy on social investment<br>including program related<br>investment|Para 1.38|The charity invests both grant and donated<br>monies in the delivery of its activities.|
|Contribution made by<br>volunteers|Para 1.38|The charity delivers several activities each<br>week that are either wholly or partly staffed<br>by volunteers. These include activities for<br>children, youth and adults and range from<br>clubs to coffee mornings to a food pantry<br>and parent activities.|
|Other|||



## **Achievements and Performance** 

||SORP reference||
|---|---|---|
|Summary of the main<br>achievements of the charity,<br>identifying the difference the<br>charity’s work has made to<br>the circumstances of its<br>beneficiaries and any wider<br>benefits to society as a<br>whole.|Para 1.20|The charity built on the successes of 22-23,<br>with continued church and community<br>activities.<br>In addition to weekly church services,<br>children’s activities, parent and toddler<br>groups, special events such as Passover,<br>Easter, Mothers and Fathers Day services,<br>together with the regular Christmas<br>services – Children’s party, Nativity and<br>Carols by candlelight all attracted good<br>engagement with the community.<br>With the increase in church attendees, we<br>have begun preparations for baptism<br>services, which will be held in financial year<br>2024-25. We have bought a baptistry in<br>preparation for being able to hold multiple<br>baptism services.<br>We will also launch an Alpha course in<br>2024-25 to support new Christians.|





For several years, the church has sponsored a child through Compassion and maintained that sponsorship throughout the year. The minibus, purchased in 2021 continues to be an excellent asset, making the provision of trips for children and adults much easier, while also being used to collect and deliver large food volumes for the food pantry. The church continued to provide a food bank to those who were struggling financially. The food bank remained available as an emergency provision, although the pantry remained our primary provision of food support to the community. We maintained connections with several organisations and companies that could provide food (such as FareShare and Morrisons Bescot, Walsall), which provided food for the food pantry. The pantry operates on the social supermarket model, where members pay a small weekly fee and can then choose what food they wish to ‘buy’, typically four or five times the value of the weekly fee. There are high costs involved with running the pantry and providing the food, but the income, together with the donations of food, mean that the net cost to the church is minimal at this time. Energy costs associated with the pantry increased somewhat, as we entered into a new contract following the expiration of the previous contract. However, we were able to minimise these costs through taking out a fixed price contract for several years. We have continued to organise public events such as community meals and celebrations associated with special occasions such as the King’s coronation. These continue to be very well attended and are essential in maintaining the good standing of the church in the local community. We are again the main organisers of the Friar Park Christmas lights switch on event, which is a core activity of the Christmas calendar for the community. The event is attended by upwards of 1,000 people from the community and includes a fair, live performances and craft stalls for local sellers. The church continues to partner with community groups and this year became the meeting place for the Women’s Rotary 



club, which meets at the church once a month. We established a baby bank through a grant that enabled the church to buy moses baskets and essentials for new mothers who struggle financially. The church has a weekly keep fit group for the older generation that is very well attended. During the summer we took a large number of our youth to the Limitless festival at Stafford Showground. This is an event attended by upwards of 5,000 people and allowed the young people to experience an environment that they do not usually have exposure to. The event was such a success that we will return during 2024-25. The church expanded its leadership team and began a programme of reviewing/updating its policies and procedures. 

## **Additional information (optional)** You may choose to include further statements where relevant about: 

|Achievements against<br>objectives set|Para 1.41|The charity continues to perform well<br>against its objectives. It has good standing<br>in the community and local council and is<br>seen as a key provider of community<br>activities.<br>Activities aimed at all sections of the<br>community continue to be delivered, with<br>connections made where people attending<br>one activity could benefit from attending<br>other activities.<br>We continued to emphasise the provision<br>of food and emotional support, while<br>maintaining the spiritual connection with the<br>congregation.|
|---|---|---|
|Performance of fundraising<br>activities against objectives<br>set|Para 1.41|The charity remains financially secure and<br>is able to meet its objectives through the<br>level of funding it achieves.<br>It has continued to innovate, increasing the<br>projects it delivers and continues to raise<br>new funds for those projects.|
|Investment performance<br>against objectives|Para 1.41|The church remains financially secure,<br>maintaining a level of reserve funds<br>required to continue should a financial<br>shock occur.|
|Other||The church has renewed its tenancy of the<br>Price Road site with Church Growth Trust<br>for a further five years|





## **Financial Review** 

|Review of the charity’s<br>financial position at the end<br>of the period|Para 1.21|The charity remains in a good position at<br>the end of 2023/24 with total funds of<br>£31,645. Income was £101,475 and<br>expenditure was £101.627, a net decrease<br>of £152 for the year. Grant funding for the<br>year increased from £4,036 to £38,402<br>mainly due to funding to support the cost of<br>living increases, and offerings and<br>donations increased from £32,901 to<br>£45,824.<br>Thus, the charity has a healthy unrestricted<br>balance.<br>The food pantry expenses remain within<br>our planned expenditure for the project and<br>we will maintain this activity going forward.|
|---|---|---|
|Statement explaining the<br>policy for holding reserves<br>stating why they are held|Para 1.22|The charity holds at least 6 months<br>unrestricted expenditure in reserve to cover<br>costs for the mortgage taken out against<br>the church building.|
|Amount of reserves held|Para 1.22|12 months reserve is £6300.|
|Reasons for holding zero<br>reserves|Para 1.22||
|Details of fund materially in<br>deficit|Para 1.24||
|Explanation of any<br>uncertainties about the<br>charity continuing as a going<br>concern|Para 1.23||



## **Additional information (optional)** You may choose to include further statements where relevant about: 

|The charity’s principal<br>sources of funds (including<br>any fundraising)|Para 1.47|Funding for the charity principally comes<br>from member giving (Unrestricted funding)<br>and grants for the delivery of targeted<br>activities (Restricted funding).<br>Grant applications support activities that<br>align to the charity objectives such as<br>community, youth and children activities.|
|---|---|---|
|Investment policy and<br>objectives including any<br>social investment policy<br>adopted|Para 1.46||
|A description of the principal<br>risks facing the charity|Para 1.46|The church does need to evaluate the full<br>running costs against income from the food<br>pantry and ensure that these remain within<br>acceptable levels of what the church is<br>capable of supporting. This occurs on an<br>ongoing basis to minimise the risk.<br>There could be repair costs associated with<br>both buildings and a survey will be<br>organised to ascertain the scale of these so|





that a prioritised maintenance programme can be put forward. Other 

## **Structure, Governance and Management** 

|Description of charity’s<br>trusts:|||
|---|---|---|
|Type of governing document<br>(trust deed, royal charter)|Para 1.25|Trust Deed. CONSTITUTION ADOPTED 5<br>FEBRUARY 2008|
|How is the charity<br>constituted?<br>(e.g unincorporated<br>association, CIO)|Para 1.25|**Trust**|
|Trustee selection methods<br>including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled<br>to appoint one or more<br>trustees|Para 1.25|**Appointed**|



## **Additional information (optional)** 

You may choose to include further statements where relevant about: 

|Policies and procedures<br>adopted for the induction<br>and training of trustees|Para 1.51|**There is a Safeguarding Policy at the**<br>**Charity.**<br>**All children and youth workers are DBS**<br>**checked**|
|---|---|---|
|The charity’s organisational<br>structure and any wider<br>network with which the<br>charity works|Para 1.51|**The church has a board of trustees and**<br>**a full leadership team.**|
|Relationship with any<br>related parties|Para 1.51||
|Other|||



## **Reference and Administrative details** 

|Charity name|Open Heaven (Wednesbury)|
|---|---|
|Other name the charity uses|Wednesbury Church|
|Registered charity number|1123352|





152 Crankhall Lane Wednesbury WS10 0ED 

Charity’s principal address 

## **Names of the charity trustees who manage the charity** 

|1<br>2<br>3<br>4<br>5<br>6<br>7|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**<br>**year **|**Name of person (or body) entitled**<br>**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Reverend Dr Nicola<br>Woodcock|Chairman|||
||James Woodcock|Secretary|||
||Alison Rosenberg|Treasurer|||
||Charlie Banks||||
||Edward Davies||||
||||||
||||||



– Corporate trustees names of the directors at the date the report was approved 

**Director name** 

Name of trustees holding title to property belonging to the charity 

**Trustee name Dates acted if not for whole year** 

## **Funds held as custodian trustees on behalf of others** 

Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets 

## **Additional information (optional)** 

## **Names and addresses of advisers (Optional information)** 



**Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)** 

## **Exemptions from disclosure** 

Reason for non-disclosure of key personnel details 

## **Other optional information** 



## **Declarations** 

**The trustees declare that they have approved the trustees’ report above.** 

**Signed on behalf of the charity’s trustees** 

|**Signature(s)**|**Signature(s)**||
|---|---|---|
|**Full name(s)**|**Full name(s)**Reverend Dr Nicola Woodcock|Alison Rosenberg|
|**Position (eg Secretary,**|**Position (eg Secretary,**<br>Chair|Treasurer|
|**Chair, etc)**|||
||||
|**Date**31-01-2025|31-01-2025||





Charity registration No. 1123352 

## **OPEN HEAVEN WEDNESBURY** 

## **ACCOUNTS** 

UNAUDITED 

## **FOR THE YEAR ENDED 31 MARCH 2024** 

1 



Statement of Trustees. Responsibilities
Law applicable to charities in England & Wales requires the Board of trustees to
prepare financial statements for eath financial year which give a true and fair view
of the charitrfs financial activities during the year and of its financial position at the
end of the financial year. In preparing those financial statements giving a true and
fair view, the Board of trustees should follow best practice and:_
Select suitable accounting policies and them apply them consistently,
Make judgments and estimates that are reasonable and prudent,
State whether applicable accounting standards and statements of recommended
practi￿ have been followed, subject to any departures disclosed and explained
in the financial statements,
Prepare the financial statements on the going con￿rn basis unless it is
inappropriate to presume that the charity will continue to operate.
The trustees are also responsible for k￿PIng proper accounting records which
disclose with reasonable accuracy the financial position of the charity and enable
them to aS￿rtain the financial position of the charity and enable them to ensure
that the financial statements comply with the requirements of applicable law and
regulations. They are also responsible for safeguarding the assets of the charity
and hen￿ taking reasonable steps for the prevention and detection of fraud and
other irregularities
This report was approved by the board of trustees on
Signed
Nicola Woodcock
Chairltrustee
Date 28-01-25

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examinerfs Report
Report to the trusteesl
members of
OPEN HEAVEN WEDNESBURY
On accounts for the year
ended
31" March 2024
Charity no
(if any)
1123352
Set out on pages
5-10
Respective The charity's trustees are responsible for the preparation of the accounts.
responsibilities of The charity's trustees consider that an audit is not required for this year
trustees and examiner under section 144 of the Charities Act 2011 {the Charities Act> and that an
independent examination is needed.
It is my responsibility to..
examine the accounts under section 145 of the Charities Act.
to follow the procedures laid down in the general Directions given by the
Charity Commission (under section 145(5)(b) of the Charities Act, and
to slate whether particular matters have Come to my attention.
Basis of independent My examination was carried out in accordance with general Directions given
examinerfs statement by the Charity Commission. An examination includes a review of the
accounting records kepl by the charrty and a comparison of the accounts
presented with those records. It also includes consideration of any unusual
items or disclosures in the accounts, and seeking explanations from the
trustees conceming any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit, and
consequently no opinion is given as to whether the accounts present a 'true
and fairf view and the report is limited to those matters set out in the
statement below.
Independent In connection with my examination. no material matters have come to my
examiner's statement attention (other than that disclosed below ') which gives me cause to believe
that in, any material respect..
accounting records were nol kept in accordance with section 130 of
the Charities Act or
the accounts do not accord with the accounting records
I have come across no other matters in connection with the examination to
which attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
Please delete the words in Ihe brackels rf they do not apply.
Signed:
Date:
311, Izs
Name:
SLA LJ IfK>Cr
Relevant professional
qualificatlon(sl or body
(if any):
AA.T Lk
Address:
LOOC LAfKsC SOLI 14uuL B fjl 2 HL1

Sectlon B
Disclosure
Only complete If the examiner needs to highlight matters of concern (see CC32,
Independent examination of charity accounts.. directions and guidance for
examiners).
Give here brief detsils of
any items that the
examiner wishes to
disclose.

## **Open Heaven (Wednesbury)** 

## Income and Expenditure Account 

April 2023 to March 2024 

|**Income**<br>Grant funding<br>Donations, gifts, Offerings<br>Activity/trip<br>Other income/profit<br>**Total income**<br>**Expenditure**<br>Employee Costs<br>Premises costs<br>Repairs<br>General administrative expenses<br>Grant expenses<br>Other Finance charges<br>**Total expenditure**<br>**Net income/(expenditure) for year**<br>Fund balances<br>Fund balances at 1 April 2023 b/f<br>**Fund balances at 31 March 2024 c/f**<br>**Movements In Funds**<br>Funds as at 1 April 2022<br>Income - 2022/2023<br>Expenditure - 2022/2023<br>Funds as at 1 April 2023<br>Income - 2023/2024<br>Expenditure - 2023/2024<br>**Funds as at 1 April 2024**|Unrestricted<br>funds<br>£<br>500<br>34,513<br>2,593<br>6,957<br>44,563<br>7,477<br>13,798<br>2,700<br>29,880<br>-<br>665<br>54,519<br>-9,956<br>28,171<br>18,215|Restricted<br>funds<br>£<br>37,902<br>11,311<br>7,639<br>60<br>56,912<br>-<br>360<br>-<br>17,268<br>29,480<br>-<br>47,108<br>9,804<br>3,626<br>13,430|Total Funds<br>2024<br>£<br>38,402<br>45,824<br>10,232<br>7,017<br>101,475<br>7,477<br>14,158<br>2,700<br>47,147<br>29,480<br>665<br>101,627<br>-152<br>31,797<br>31,645|Total Funds<br>2023<br>£<br>4,036<br>32,901<br>1,362<br>14,335|
|---|---|---|---|---|
|||||52,634|
|||||5,196<br>15,236<br>302<br>16,595<br>20,520<br>646|
|||||58,497|
|||||-5,862<br>37,659|
|||||31,797|
|||||37,659<br>52,634<br>-58,497|
|||||31,797<br>101,475<br>-101,627|
|||||31,645|



5 



## **Open Heaven (Wednesbury)** 

## Balance Sheet 

## as at 31 March 2024 

|Notes<br>**Current assets**<br>Debtors<br>3<br>Bank balance<br>Cash in hand<br>Creditors<br>4<br>**Net current assets**<br>**Fixed assets**<br>Church building<br>5<br>**Net fixed assets**<br>**Net assets**<br>**Liabilities**<br>6<br>Current liability<br>Long term liability<br>**Net liability**<br>**Net assets and liabilities**|2024<br>£<br>-<br>27,709<br>4,987<br>32,696<br>-1,051<br>55,200<br>6,322<br>31,233|2023<br>£<br>£<br>-<br>29,140<br>3,223<br>32,363<br>-566<br>31,645<br>56,800<br>55,200<br>86,845<br>4,561<br>35,555<br>37,555<br>49,290|£|
|---|---|---|---|
||||31,797|
|||||
||||56,800|
|||||
||||88,597|
|||||
||||40,117|
|||||
||||48,480|



6 



## **Open Heaven (Wednesbury)** 

## Notes to the Accounts 

April 2023 to March 2024 

## **1.  Income analysis** 

|**Grant Funding**<br>SCVO Vision 2030 – Jubilee events<br>Heart Of England - Harry Payne<br>Sandwell MBC - Pantry grant<br>SMBC - Better Mental Health Strategy<br>HM Gov - Cost of Living Fund<br>Sandwell MBC - CIL Funding<br>S.C.V.O Community Mental Health Grant<br>**Donations, Gifts, Offerings**<br>Tithe & Offerings<br>Foodbank & Pantry<br>Donations<br>Break in appeal<br>Fundraising<br>Funerals<br>**Activity/trip**<br>Youth<br>Stream subs<br>Tuck<br>Children<br>Toddler subs<br>Catering - donation for food<br>Outreach<br>Outreach events<br>Crankhall Christmas lights<br>General ministry<br>**Other income/profits**<br>Gift aid<br>Invoices (Events & consultation)<br>Child sponsorship|Unrestricted<br>funds<br>£<br>-<br>-<br>-<br>500<br>-<br>-<br>-<br>500<br>30,213<br>-<br>4,100<br>-<br>-<br>200<br>34,513<br>-<br>112<br>127<br>112<br>426<br>-<br>-<br>-<br>1,767<br>50<br>2,593<br>4,657<br>2,300<br>-<br>6,957|Restricted<br>funds<br>£<br>-<br>-<br>5,000<br>-<br>25,306<br>4,096<br>3,500<br>37,902<br>-<br>9,293<br>495<br>1,523<br>-<br>-<br>11,311<br>251<br>-<br>-<br>10<br>-<br>554<br>30<br>374<br>6,420<br>-<br>7,639<br>-<br>-<br>60<br>60|Total Funds<br>2024<br>£<br>-<br>-<br>5,000<br>500<br>25,306<br>4,096<br>3,500<br>38,402<br>30,213<br>9,293<br>4,595<br>1,523<br>-<br>200<br>45,824<br>251<br>112<br>127<br>122<br>426<br>554<br>30<br>374<br>8,187<br>50<br>10,232<br>4,657<br>2,300<br>60<br>7,017|Total Funds<br>2023<br>£<br>500<br>1,000<br>2,536<br>-<br>-<br>-<br>-|
|---|---|---|---|---|
|||||4,036|
|||||20,532<br>9,321<br>1,148<br>850<br>500<br>550|
|||||32,901|
|||||-<br>192<br>182<br>-<br>452<br>536<br>-<br>-<br>-<br>-|
|||||1,362|
|||||8,125<br>6,150<br>60|
|||||14,335|



7 



## **Open Heaven (Wednesbury)** 

## Notes to the Accounts 

April 2023 to March 2024 

## **2.  Expenditure analysis** 

|**Employee costs**<br>Salary - pay ref 008<br>Salary - pay ref 0010<br>Payroll Costs<br>CCPAS membership /CRB checks<br>**Premises costs**<br>Utility bills of church<br>Mortgage<br>Life insurance - mortgage<br>Rental costs - church growth trust<br>Loan repayments - church growth trust<br>Utility bills of church (Price Rd)<br>**Repairs**<br>Repairs - building<br>Building work<br>Repairs - building (Price Rd)<br>Building work (Price Rd)<br>**General expenses**<br>Training/conferences<br>Training resources<br>Worship<br>Youth<br>Children<br>Toddler<br>General ministry<br>Office costs & consumables<br>CCLI license<br>Insurance (Building, Liability & Contents)<br>Insurance (Building - Price Rd)<br>Child sponsorship - Compassion<br>Catering & Janitorial<br>Food Bank & Pantry<br>Minibus<br>Outreach events<br>Crankhall Christmas lights|Unrestricted<br>funds<br>£<br>4,725<br>1,500<br>1,035<br>217<br>7,477<br>8,642<br>4,850<br>64<br>242<br>-<br>-<br>13,798<br>2,700<br>-<br>-<br>-<br>2,700<br>2,765<br>71<br>2,560<br>8,237<br>2,679<br>322<br>4,532<br>824<br>445<br>1,403<br>-<br>276<br>2,582<br>-<br>2,082<br>1,101<br>-<br>29,880|Restricted<br>funds<br>£<br>-<br>-<br>-<br>-<br>-<br>360<br>-<br>-<br>-<br>-<br>-<br>360<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>251<br>10<br>-<br>-<br>-<br>-<br>-<br>-<br>60<br>554<br>9,732<br>135<br>374<br>6,151<br>17,268|Total Funds<br>2024<br>£<br>4,725<br>1,500<br>1,035<br>217<br>7,477<br>9,002<br>4,850<br>64<br>242<br>-<br>-<br>14,158<br>2,700<br>-<br>-<br>-<br>2,700<br>2,765<br>71<br>2,560<br>8,488<br>2,689<br>322<br>4,532<br>824<br>445<br>1,403<br>-<br>336<br>3,136<br>9,732<br>2,217<br>1,475<br>6,151<br>47,147|Total Funds<br>2023<br>£<br>4,200<br>-<br>867<br>129|
|---|---|---|---|---|
|||||5,196|
|||||4,212<br>4,158<br>64<br>1,075<br>1,123<br>4,604|
|||||15,236|
|||||-<br>-<br>302<br>-|
|||||302|
|||||158<br>58<br>2,291<br>-<br>246<br>211<br>823<br>60<br>387<br>1,146<br>327<br>308<br>1,270<br>8,626<br>683<br>-<br>-|
|||||16,595|



8 



## **Open Heaven (Wednesbury)** Notes to the Accounts 

## April 2023 to March 2024 

## **2.  Expenditure analysis (cont.)** 

|**Grant expenses**<br>Coronavirus Community support - sessional costs<br>SCVO Food Pantry grant - Franchise<br>SCVO Food Pantry grant - Capital<br>SCVO 2030 Covid19 response fund<br>WM Police PCC grant<br>Epic grant - sessional workers<br>Epic grant - Activity costs<br>Epic grant - Workshop/seminar costs<br>Epic grant - craft costs<br>Epic grant - Publicity costs<br>Epic grant - Refreshments<br>Epic grant - Garden project<br>SCVO 2030 Youth grant - Trips & activities<br>SCVO 2030 Youth grant - Equipment<br>SCVO Vision 2030 – Jubilee events<br>Sandwell MBC - Pantry grant<br>HM Gov - Cost of Living - Staffing costs<br>HM Gov - Cost of Living -Premises rent<br>HM Gov - Cost of Living - Utilities<br>HM Gov - Cost of Living - Food<br>HM Gov - Cost of Living- Baby Bank<br>Sandwell MBC - CIL Funding<br>S.C.V.O CMH Grant - activity costs<br>**Other Finance charges**<br>AOG Annual contribution<br>AOG ministers subscription<br>HSBC bank charges<br>**3.  Debtors**<br>**4.  Creditors**<br>Moore Pay - Payroll charge Mar<br>British Gas<br>Virgin Media<br>HSBC bank charges<br>J Woodcock claim back|Unrestricted<br>funds<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>480<br>50<br>135<br>665|Restricted<br>funds<br>£<br>916<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>8,998<br>1,452<br>2,561<br>9,242<br>1,596<br>3,336<br>1,380<br>29,480<br>-<br>-<br>-<br>-|Total Funds<br>2024<br>£<br>916<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>8,998<br>1,452<br>2,561<br>9,242<br>1,596<br>3,336<br>1,380<br>29,480<br>480<br>50<br>135<br>665<br>2024<br>£<br>-<br>2024<br>£<br>92<br>785<br>38<br>19<br>116<br>1,051|Total Funds<br>2023<br>£<br>1,295<br>536<br>707<br>144<br>60<br>6,880<br>1,314<br>190<br>1,194<br>384<br>575<br>742<br>2,256<br>1,209<br>500<br>2,536<br>-<br>-<br>-<br>-<br>-<br>-<br>-|
|---|---|---|---|---|
|||||20,520|
|||||480<br>50<br>116|
|||||646|
|||||2023<br>£|
|||||-|
|||||2023<br>£<br>67<br>449<br>43<br>7<br>-|
|||||566|



9 



## **Open Heaven (Wednesbury)** 

## Notes to the Accounts 

April 2023 to March 2024 

|**5.  Property/Mortgage payments**<br>Value of land (no depreciation)<br>Depreciated value of property over life of mortgage<br>Value of property & land<br>Mortgage loan balance Jan 2023<br>Mortgage principal payments on loan (as<br>of Dec '23)<br>-<br>Mortgage loan balance start 2024/25<br>Interest payments (as of Dec '23)<br>Total payments Jan 23 - Dec 23<br>**6. Liabilities**<br>Mortgage loan balance start 2024/25<br>Mortgage principal payments on loan<br>2024/25(current liability)<br>-<br>Long term liability<br>Interest payments 20024/25 - Jan to Dec 24<br>Church growth trust 12 months rent 2024/25 (current liability)<br>Church growth trust loan balance start 2024/25<br>Payments on loan 2024/25 (current liability)<br>-<br>Long term liability<br>NB<br> Repay £5616 over 5 years (280.80/mth)|2024<br>£<br>40,000<br>15,200<br>55,200<br>36,203<br><br>2,052<br>-<br>34,151<br>2,597<br>4,649<br>34,151<br><br>3,199<br>-<br>30,952<br>2,024<br>2,000<br>1,404<br><br>1,123<br>-<br>281|2023<br>£<br>40,000<br>16,800|
|---|---|---|
|||56,800|
|||38,782<br><br>2,579|
|||36,203|
|||1,535<br>4,113<br>36,203<br><br>2,438|
|||34,151|
|||2,597<br>1,000<br>2,527<br><br>1,123|
|||1,404|
||||



10 



CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examinerfs Report
Report to the trusteesl
members of
OPEN HEAVEN WEDNESBURY
On accounts for the year
ended
31" March 2024
Charity no
(if any)
1123352
Set out on pages
5-10
Respective The charity's trustees are responsible for the preparation of the accounts.
responsibilities of The charity's trustees consider that an audit is not required for this year
trustees and examiner under section 144 of the Charities Act 2011 {the Charities Act> and that an
independent examination is needed.
It is my responsibility to..
examine the accounts under section 145 of the Charities Act.
to follow the procedures laid down in the general Directions given by the
Charity Commission (under section 145(5)(b) of the Charities Act, and
to slate whether particular matters have Come to my attention.
Basis of independent My examination was carried out in accordance with general Directions given
examinerfs statement by the Charity Commission. An examination includes a review of the
accounting records kepl by the charrty and a comparison of the accounts
presented with those records. It also includes consideration of any unusual
items or disclosures in the accounts, and seeking explanations from the
trustees conceming any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit, and
consequently no opinion is given as to whether the accounts present a 'true
and fairf view and the report is limited to those matters set out in the
statement below.
Independent In connection with my examination. no material matters have come to my
examiner's statement attention (other than that disclosed below ') which gives me cause to believe
that in, any material respect..
accounting records were nol kept in accordance with section 130 of
the Charities Act or
the accounts do not accord with the accounting records
I have come across no other matters in connection with the examination to
which attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
Please delete the words in Ihe brackels rf they do not apply.
Signed:
Date:
311, Izs
Name:
SLA LJ IfK>Cr
Relevant professional
qualificatlon(sl or body
(if any):
AA.T Lk
Address:
LOOC LAfKsC SOLI 14uuL B fjl 2 HL1

Sectlon B
Disclosure
Only complete If the examiner needs to highlight matters of concern (see CC32,
Independent examination of charity accounts.. directions and guidance for
examiners).
Give here brief detsils of
any items that the
examiner wishes to
disclose.