2022-12-31-accounts - Christ Church Manchester

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CHRIST CHURCH MANCHESTER

(Company Limited by Guarantee)

Company Registration Number: 06845751 Charity Registration Number: 1128927

Annual Report and Financial Statements 31 December 2022

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CHRIST CHURCH MANCHESTER

Annual Report and Financial Statements 2022 Contents

	Page
Legal and administrative information	3
Annual Report of the Trustees	4
Independent Examiner’s report to the Trustees	8
Statement of Financial Activities	9
Balance Sheet	10
Cash Flow Statement	11
Notes to the Financial Statement	12

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CHRIST CHURCH MANCHESTER

Legal and Administrative Information For the year ended 31 December 2022

Charity Name	Christ Church Manchester.
Charity Registration No.	1128927. The Church was registered with the Charity Commission on 1 April 2009.
Company Registration No.	06845751. The Church was established on 13 March 2009.
Affiliations	The Church is a member of the Catalyst group of churches.
Principal Address	Christ Church Manchester, 1 Omer Drive, Manchester, M19 2JN.
The Governing Document	Memorandum and Articles of Association dated 13 March 2009.
Objects	(a) to advance the Christian faith in accordance	with the statement of beliefs in
	Manchester and in such other parts of the United Kingdom or the world as the
	Trustees from time to time think fit and to fulfil such other purposes which are
	exclusively charitable according to the law of England and Wales and are connected
	with the charitable work of the charity.
	(b) to relieve sickness and financial hardship and	to promote and preserve good
	health by the provision of funds, goods or services	of any kind, including through the
	provision of counselling and support in Manchester and in such other parts of the
	United Kingdom or the world as the Trustees from time to time may think fit.
Trustees	The Trustees who served during the year and who were serving at the date of this
	report were:
	Joanna Balmforth
	Graham Harrop Resigned 08/12/2022
	Adrian Phillips Re-appointed 08/12/2022
	Michael Read Resigned 08/12/2022
	Jamie Semple Re-appointed 08/12/2022
	Michelle Wilson Re-appointed 08/12/2022
Key Management Personnel	Those in charge of directing, controlling, running and operating the Church on a day to day basis are:
	● The Trustees
	● Tim Simmonds – Church Elder
	● Colin Baron – Church Elder
Bankers	CAF Bank Limited
	25 Kings Hill Avenue
	Kings Hill, West Malling Kent ME19 4JQ
Independent Examiner	John Helm ACA Tandem Accounting Limited 17 Heathville Road
	London N19 3AL

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CHRIST CHURCH MANCHESTER

Annual Report of the Trustees

For the year ended 31 December 2022

The Trustees, who are also the Directors of Christ Church Manchester, submit their annual report and the financial statements of Christ Church Manchester (“the Church”) for the year ended 31 December 2022. The financial statements have been prepared in the format prescribed by the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP2015 (FRS102)) and the Financial Reporting Standard 102. The legal and administrative information set out earlier in this document forms part of this report. This report also constitutes a directors’ report required by section 415 of the Companies Act 2006 as all Trustees of a charity company are directors.

1. Structure, Governance & Management

1.1 Trustees

The Trustees of the Church are responsible for the day to day management of the Church’s business in accordance with the Church’s objects. The Trustees are elected by the Church members. Ordinarily, one third of Trustees retire annually at the annual general meeting and are eligible for re-appointment. The Trustees meet approximately 4 times per annum to discuss a full range of matters relating to leadership, finance, fabric and general administration of the Church.

The Church maintains Trustee indemnity insurance on behalf of the Trustees.

The induction process for any individual newly-appointed as a Trustee comprises an initial meeting with the chair of the Trustees and receipt of copies of:

the Memorandum and Articles of Association
the most recent financial statements
the Charity Commission’s guidance ‘The Essential Trustee’.

1.2 Church Members

Church Members are the original subscribers to the memorandum and such other persons as are admitted to membership in accordance with the rules made under the Articles of Association.

1.3 Risk Management

The Church’s primary concern and objective is the glory of God. Whilst it is the Church’s policy to trust wholly in the Lord that He will work out His purpose to this end, the Church also acknowledges that it has a responsibility, both as individual members and as a body of members, for the identification and proper management of risks faced by the Church in achieving its primary aim. The Trustees have therefore assessed the major risks to which the Church is exposed, in particular those relating to the specific operational areas of the charity, its investments and its finances. These are outlined in the below table:

Category	Key Risks	Key Mitigants
Safeguarding, Health & Safety	• Major safeguarding incident • Major health and safety incident	• Safeguarding policy maintained with safeguarding officer on staff team and designated safeguarding leads at each site. All volunteers, staff members, leaders and Trustees who have direct contact with children or vulnerable adults are subject to DBS checks. • Risk assessments carried out for Church events and Sunday services; incidents and near misses reviewed at staff and Trustee meetings.
Financial Stability	• Overspending relative to church resources • Sustained reductions in regular giving • Susceptibility to periods of financial stress • Crystallisation of uninsured losses	• Annual budgets prepared in advance and performance against budget monitored monthly via a dashboard accessible to Trustees and church leaders. All expenditure is subject to approval processes. • Income streams are diversified across different Church sites and the importance of giving is regularly taught on. • Maintenance of unrestricted free reserves based on a dynamic policy which reflects the changing risk profile of the Church. • Insurance requirements reviewed annually as part of the renewal process.

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CHRIST CHURCH MANCHESTER

Annual Report of the Trustees For the year ended 31 December 2022

2. Activities & Strategies

The Church has given due regard to the Charity Commission’s guidance on public benefit. To this end the Church has carried out the following activities during the year:

A variety of weekly meetings and services have been held throughout the year through in-person gatherings, most of which have been open for anyone to attend. Christianity has been advanced through teaching, worship and prayer; faith, love for others, tolerance and generosity are promoted.
● During the year, Luther King House in Fallowfield, the Heatons Centre in Heaton Moor, Ladybarn Community Centre in Withington, Broadstone Hall Primary School in Reddish and the Oasis Centre in Gorton were used as the venues of services held each Sunday, all of which have been advertised on the Church website. A-Boards, banners and other signage, positioned outside the respective buildings were used to signpost the Church venues. The Fallowfield site also runs a Spanish-speaking service in order to reach this community within Manchester.
During the year the Church ran a number of Alpha courses where people of diverse faiths (and no faith) were able to learn about the principles of Christianity and challenged to respond to what they have heard by living wholesome lives which are pleasing to God.
● The Church continued its Broadcast ministry – providing theology training and networking opportunities for church plants across the UK and Europe, and its Schools of Theology and Discipleship, which provide for free on a monthly basis training on systematic and biblical theology, and the exploration of spiritual gifts to those who wish to deepen their knowledge of these topics.
The Church continued to invest in developing its worship ministry and made further recordings of worship music written by individuals within the Church which were released on digital purchase and streaming platforms.
The Church has continued to develop its links with church planting activities both nationally and internationally, in line with its Objects. The Church has worked with and helped train pastors and leaders in Uganda and Europe.

3. Achievements and Performance

Attendance at each of the venues has remained stable during the year. A number of people of different faiths have been welcomed into services; several have come at times of crisis and have been offered prayer and emotional support. The Church has been pleased to continue to work with The Oasis Centre to seek to help people they refer. Church members have also donated both time and money to this organisation.

During the year the Church raised significant finance across its two Give Big Sundays (over £100,000) of which £30,000 was retained for funding the Church’s training initiatives and the remainder was restricted to be given away to The Oasis Centre, Life Ministries Trust (a charity working with the poor in Uganda) and churches supporting humanitarian issues in Iraq, or retained to support the Church’s CAP Job Club and the newly established Church Welfare Fund. The majority of these grants are due to be disbursed over 2023.

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CHRIST CHURCH MANCHESTER

Annual Report of the Trustees For the year ended 31 December 2022

4. Financial Review

4.1 Financial Activity and Financial Position

The principal forms of funding are free will offerings of church members and others in attendance and grant funding.

The Statement of Financial Activities and Balance Sheet can be found on pages 9 and 10 respectively. The Church’s total reserves increased by £20,740 during the year (2021: increased by £258,189 during the year). The balance sheet shows total net assets of £390,100 (2021: £369,360).

Included in total funds are amounts totalling £306,421 (2021: £254,635) which are restricted. These monies have either been raised for, and their use restricted to specific purposes, or they comprise grants subject to grantor-imposed conditions. Full details of these restricted funds can be found in note 8 to the accounts together with an analysis of movements in the year.

4.2 Reserves Policy

The Trustees have examined the requirements for free reserves, i.e. those unrestricted funds not invested in tangible fixed assets. The Trustees consider that, given the nature of the Church’s work, free reserves should cover:

Staff pay covering contractual notice periods and redundancy payments (£76,537);
1 month venue hire (£4,030);
a fixed sum (£1,000) for urgent help for those on mission/abroad; and
three months of administrative expenses and committed future expenditure on other projects (£2,014); less
a modifier reflecting the Church’s diversity of income streams, set at 20% (reducing the above by £16,716)

This requirement is dynamic based on the changing nature of the Church’s outgoings, and the methodology that underpins the approach is reviewed periodically. The Trustees are of the opinion that this provides sufficient flexibility to cover temporary shortfalls in incoming resources and will allow the Church to cope and respond to unforeseen emergencies whilst specific action plans are implemented. At 31 December 2022 the Church had net free reserves of £82,817 (2021: £112,210) as follows:


	2022 £	2021 £
Total reserves	390,100	369,360
Less: tangible fixed assets	(862)	(2,515)
Less: restricted funds	(306,421)	(254,635)

Free reserves	82,817	112,210


Free reserve requirement	66,865	63,120

At 31 December 2022, and through to the date of the signing of these financial statements, the Church has built up a free reserves surplus. The Church has developed plans to utilise the surplus, which are outlined briefly in section 5.

4.3 Grants Policy

The Church ordinarily aims to make grants equivalent to approximately 10% of its incoming resources to support missionary and charitable endeavours both in the UK and abroad. The policy of the Church is to give grants on the basis that they are subject to annual review and only renewed on the basis of meeting set criteria. During the year the Church made grants of approximately 5% of incoming resources, though as noted above further disbursements are expected to be made in 2023 from funds raised in 2022.

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CHRIST CHURCH MANCHESTER

Annual Report of the Trustees

For the year ended 31 December 2022

5. Plans for Future Periods

The Church plans to undertake the same sort of events as mentioned in section 2.

The Church has also advanced its plans to establish further sites in the Denton and Northern Quarter areas of Manchester, and renew its support of church planting activities in Munich. As noted above, the Church has plans to utilise its surplus reserves to fund these activities when restricted funding raised for these activities has been fully utilised.

6. Responsibilities of Trustees for the Financial Statements

The Trustees are responsible for preparing the report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law in England and Wales requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.

In preparing those financial statements, the Trustees are required to:

select suitable accounting policies and apply them consistently;
observe the methods and principles of the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the activities of the charity will continue.

The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the charity and financial information included in the charity’s website.

7. Approval

The report of the Trustees was approved by the Trustees on 28 July 2023 and signed on its behalf by:

Adrian Phillips Trustee

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CHRIST CHURCH MANCHESTER

Report of the Independent Examiner to the Trustees of Christ Church Manchester For the year ended 31 December 2022

I report on the financial statements of Christ Church Manchester for the year ended 31 December 2022, set out on pages 9 to 22.

This report is made solely to the Trustees in accordance with section 145 of the Charities Act 2011 (the Act). My independent examination has been undertaken so that I might state to the Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by the law, I do not accept responsibility to anyone other than the Church and the Trustees for my independent examination, for this report, or the opinions I have formed.

Respective responsibilities of Trustees and examiner

The Trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (“the 2011 Act”) and that an independent examination is needed. The Church is required by company law to prepare accrued accounts and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.

Having satisfied myself that the Church is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

examine the accounts under section 145 of the 2015 Act);
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2015 Act; and
to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity 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 you as Trustees concerning 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 fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

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

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I 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 understanding of the accounts to be reached.

John Helm ACA

28 July 2023

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CHRIST CHURCH MANCHESTER

Statement of Financial Activities

(incorporating the Income & Expenditure Account) For the year ended 31 December 2022


	Note	Unrestricted Funds 2022 £	Restricted Funds 2022 £	Total 2022 £	Unrestricted Funds 2021 £	Restricted Funds 2021 £	Total 2021 £
Income from:
Donations and legacies	2	291,787	108,763	400,550	282,213	320,195	602,408
Charitable activities		14,411	-	14,411	-	-	-
Other tradingactivities		1,485	-	1,485	564	-	564
Investments		1,151	-	1,151	18	-	18
Other income		-	348	348	7,223	500	7,723

Total Income		308,834	109,111	417,945	290,018	320,695	610,713
Expenditure on:	3	-	-	-
Charitable activities		328,751	56,834	385,585	249,790	91,515	341,305
Raisingfunds		11,129	491	11,620	10,562	657	11,219

Total Expenditure		339,880	57,325	397,205	260,352	92,172	352,524
		-	-	-
Net (expenditure) / income before tax		(31,046)	51,786	20,740	29,666	228,523	258,189
Taxpayable	4	-	-	-	-	-	-

Net (expenditure) / income before tax		(31,046)	51,786	20,740	29,666	228,523	258,189

Total funds brought forward		114,725	254,635	369,360	85,059	26,112	111,171
Total funds carried forward		83,679	306,421	390,100	114,725	254,635	369,360

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CHRIST CHURCH MANCHESTER

Balance Sheet

As at 31 December 2022


	Note	Unrestricted Funds 2022 £	Restricted Funds 2022 £	Total 2022 £	Unrestricted Funds 2021 £	Restricted Funds 2021 £	Total 2021 £

Fixed Assets
Tangible assets	5	862	-	862	2,515	-	2,515

Current Assets
Debtors	6	36,867	-	36,867	27,290	-	27,290
Cash at bank and in hand		55,582	306,421	362,003	89,510	254,635	344,145
		92,449	306,421	398,870	116,800	254,635	371,435

Creditors - Amounts Falling Due Within One Year	7	9,632	-	9,632	4,590	-	4,590
Net Current Assets		82,817	306,421	389,238	112,210	254,635	366,845

Net Assets	8	83,679	306,421	390,100	114,725	254,635	369,360

Represented by:
Restricted Funds	9	-	306,421	306,421	-	254,635	254,635
Unrestricted Funds		83,679	-	83,679	114,725	-	114,725

Total Income Funds		83,679	306,421	390,100	114,725	254,635	369,360

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 31 December 2022 and no notice requiring an audit has been deposited under section 476.

The Trustees acknowledge their responsibilities for:

ensuring that the company keeps accounting records which comply with section 386 of the Companies Act 2006
● preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial period and of its profit or loss for the financial period in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as is applicable to the company.

The financial statements were approved by the Trustees on 28 July 2023 and signed on its behalf by:

Jamie Semple Trustee

Company number: 684575

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CHRIST CHURCH MANCHESTER

Cash Flow Statement

For the year ended 31 December 2022


	Unrestricted Funds 2022 £	Restricted Funds 2022 £	Total 2022 £	Unrestricted Funds 2021 £	Restricted Funds 2021 £	Total 2021 £
Cash flows from operating activities
Net (expense) / income for the year	(31,046)	51,786	20,740	29,666	228,523	258,189

Adjustments for:
Investment income received	(1,151)	-	(1,151)	(18)	-	(18)
Depreciation of fixed assets	2,182	-	2,182	2,582	-	2,582
Increase in debtors	(9,577)	-	(9,577)	(3,902)	-	(3,902)
Increase in creditors	5,042	-	5,042	1,066	-	1,066
Net cash flows from operating activities	(34,550)	51,786	17,236	29,394	228,523	257,917

Cash flows used in investing activities
Investment income received	1,151	-	1,151	18	-	18
Purchase of fixed assets	(529)	-	(529)	(1,531)	-	(1,531)
Net cash flows from investing activities	622	-	622	(1,513)	-	(1,513)

Net (decrease) / increase in cash and cash equivalents	(33,928)	51,786	17,858	27,881	228,523	256,404

Cash and cash equivalents at the beginning of theyear	89,510	254,635	344,145	61,629	26,112	87,741
Cash and cash equivalents at the end of theyear	55,582	306,421	362,003	89,510	254,635	344,145
Net (decrease) / increase in cash and cash equivalents	(33,928)	51,786	17,858	27,881	228,523	256,404

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CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2022

1. Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Basis of accounting

The financial statements have been prepared under the Charities Act 2011, The Companies Act 2006 and in accordance with the Charities Statement of Recommended Practice (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102). The financial statements are drawn up on the historical cost basis of accounting.

The accounts are prepared in sterling, which is the main functional currency of the Church. Monetary amounts disclosed within the financial statements are rounded to the nearest £.

The financial statements include all transactions, assets and liabilities for which the Church is responsible in law. They do not include the accounts of church groups that owe an affiliation to another body or those that are informal gatherings of Church members.

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

Going Concern

The Trustees have reviewed the impacts of the cost of living crisis on the Church’s operations and the reduction in free unrestricted reserves during 2022; at the time of publishing of these financial statements, these reserves have grown modestly . Having also reviewed the Elders’ plans for the activities of the Church for the year ahead, the Trustees are satisfied that there are no material uncertainties in relation to going concern and the financial statements have been prepared on the going concern basis.

Income recognition

Voluntary income and donations (including legacies) are accounted for once the Church has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be reliably measured. Income from the recovery of tax on gift aided donations is accounted for in the period to which the relevant donation is received. Grant income is recognised on a receivable basis.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Expenditure recognition

Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. Longer term liabilities are discounted to present value. The Church is not registered for VAT and accordingly expenditure includes VAT where appropriate.

Charitable expenditure includes those costs in fulfilling the Church’s principal objects, as outlined in the Report of the Church. These include grants payable, governance costs and an apportionment of support costs.

Grants payable are payments made to third parties in furtherance of the Church’s objects. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the grant. Grants awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the Church.
Governance costs comprise all costs involving the public accountability of the Church and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees.

The Church pays pension contributions into defined contribution personal pension plans and contributions payable to the schemes are accounted for on an accruals basis.

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CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2022

Tangible fixed assets

The cost of furniture, fittings and equipment (where £500 or more) is capitalised. The cost, less any expected residual value, is depreciated on a straight line basis over the effective useful life of the asset, which has been estimated as three years.

Stocks

The Church may from time to time hold a small amount of stock for books written by Church employees that are purchased as part of associated publishing arrangements. Stocks are carried at cost and assessed periodically for obsolescence. Upon sale of a book, revenue is recognised within sale income and the cost is amortised through cost of sales.

Debtors

Debtors are included at the settlement amount due. Prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of opening of the deposit.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount.

Financial instruments

The Church only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Fund accounting

The funds held by the charity are either:

Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.
Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Key accounting judgements and sources of estimation uncertainty

The trustees have made no key judgments which have a significant effect on the accounts, and do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

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CHRIST CHURCH MANCHESTER

Notes to the Financial Statements For the year ended 31 December 2022

2. Income


		Unrestricted Funds 2022 £	Restricted Funds 2022 £	Total 2022 £	Unrestricted Funds 2021 £	Restricted Funds 2021 £	Total 2021 £
Donations and legacies
	Offerings and donations	247,866	89,471	337,337	242,816	295,801	538,617
	Income tax reclaimed	43,921	13,982	57,903	39,397	12,584	51,981
	Grants	-	5,310	5,310	-	11,810	11,810
		291,787	108,763	400,550	282,213	320,195	602,408
		-	-	-			-
Charitable activities
	Conference income	14,411	-	14,411	-	-	-

Other trading activities
	Book income	635	-	635	47	-	47
	Music revenue	850	-	850	517	-	517
		1,485	-	1,485	564	-	564

Investments

Investments
	Bank interest	1,151	-	1,151	18	-	18

Other income
	Furlough pay reclaimed	-	-	-	7,223	-	7,223
	Event income	-	348	348	-	-	-
	Insurance claims	-	-	-	-	500	500
		-	348	348	7,223	500	7,723

		308,834	109,111	417,945	290,018	320,695	610,713

During the year the Church claimed £nil (2021: £7,223) under the Coronavirus Job Retention Scheme. The grants were provided on the condition that the employees whose wages were being subsidised were either fully or partially furloughed. As these conditions were fulfilled prior to the grant being made, there are no outstanding unfulfilled conditions in relation to these grants.

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CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2022

3. Expenditure

3a Expenditure on Charitable Activities


		Unrestricted Funds 2022 £	Restricted Funds 2022 £	Total 2022 £	Unrestricted Funds 2021 £		Restricted Funds 2021 £	Total 2021 £
Provision of Church Leaders
	Gross salary	187,156	18,190	205,346		168,746	14,680	183,426
	Employers National Insurance	15,972	1,539	17,511		13,822	819	14,641
	Employer Allowance	(5,000)	-	(5,000)		(4,000)	-	(4,000)
	Pension contributions	19,304	5,713	25,017		16,752	1,362	18,114
	Statutory pay recovered	(313)	-	(313)		-	-	-
		217,119	25,442	242,561		195,320	16,861	212,181
Church Life & Outreach
	Advertising & website	3,740	2,659	6,399		6,987	875	7,862
	Evangelism, outreach & wider church	1,617	390	2,007		597	-	597
	Training& conferences	6,756	131	6,887		4,507	415	4,922
	Children & youth (incl child protection)	5,239	95	5,334		2,515	-	2,515
	Membership & community	2,960	19	2,979		1,450	-	1,450
	Organisations & events	23,720	5,759	29,479		4,400	-	4,400
	Visitingspeakers	200	-	200		219	400	619
	Catering & refreshments	3,728	81	3,809		1,988	-	1,988
	Music (incl equipment & licences)	2,121	-	2,121		1,350	-	1,350
	Grants & gifts (see note below)	3,415	16,285	19,700		951	71,698	72,649
	Expenses - telephonycosts	309	-	309		670	-	670
	Expenses-domestic travel	3,539	17	3,556		1,348	-	1,348
	Expenses-international travel	3,730	-	3,730		484	-	484
	Expenses-subsistence	1,495	-	1,495		401	-	401
		62,569	25,436	88,005		27,867	73,388	101,255

Provision of venues, facilities, equipment & transport
	Hall hire	33,371	2,100	35,471		13,296	-	13,296
	Covid expenses	-	-	-		177	-	177
	Small equipment/equipment repairs	3,209	1,954	5,163		1,290	1,033	2,323
	Depreciation	2,182	-	2,182		2,582	-	2,582
		38,762	4,054	42,816		17,345	1,033	18,378
Office Costs
	Organisational subscriptions (incl data protection)	108	-	108		48	-	48
	Printing,stationery, postage & telephone	144	336	480		262	-	262
	Office equipment & software	2,576	1,566	4,142		2,326	219	2,545
	Insurance	1,593	-	1,593		1,416	-	1,416
	Payroll services	1,201	-	1,201		1,488	-	1,488
	Bank charges	1,326	-	1,326		430	14	444
	Other	127	-	127		255	-	255
		7,075	1,902	8,977		6,225	233	6,458
Governance
	Professional fees (incl independent examination)	1,160	-	1,160		1,110	-	1,110
	Staff costs	2,066	-	2,066		1,923	-	1,923
		3,226	-	3,226		3,033	-	3,033

		328,751	56,834	385,585		249,790	91,515	341,305

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CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2022

3b Expenditure on raising funds


		Unrestricted Funds 2022 £	Restricted Funds 2022 £	Total 2022 £	Unrestricted Funds 2021 £	Restricted Funds 2021 £	Total 2021 £
Musicproduction
	Staff costs	7,714	-	7,714	10,182	-	10,182
	Production costs	337	-	337	200	-	200
	Advertisingandpromotion	-	-	-	57	-	57
	Training	935	235	1,170	-	-	-
	Administration	78	-	78	123	-	123
		9,064	235	9,299	10,562	-	10,562
Bookproduction
	Production costs	2,065	256	2,321	-	657	657
	Cost of Sales	-	-	-	-	-	-
		2,065	256	2,321	-	657	657

		11,129	491	11,620	10,562	657	11,219

3c Staff Costs

Included within Expenditure on Charitable Activities and Expenditure on Raising funds are the following staff costs:


		2022	2021
		£	£
	Gross salaries	214,417	183,426
	Employers National Insurance	17,575	14,641
	Employer Allowance	(5,000)	(4,000)
	Pension contributions	25,662	18,114
	Statutory payrecovered	(313)	-
		252,341	212,181

Of which the following salaries and pension contributions were in relation to Key Management Personnel:
	Gross salary	74,240	78,817
	Pension contributions	11,695	7,997
		85,936	86,814

Doc ID: 60a5b3e101bbea17ae9af7b725fa729630ec7a2b

CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2022

3c Staff Costs (continued)


The average number of employees during the year		2022	2021
		Number	Number
	Full time workers	3	3
	Part time workers	13	10
	Total	16	13
	Equiv FTE	7.0	6.6

No employee received emoluments in excess of £60,000 during the year.

In 2022 the Church made pension contributions for 16 (2021: 13) employees to a defined contribution personal pension plan, the cost to the Church being £25,662 (2021: £18,114). £2,183 of pension contributions (2021: £537) were outstanding at the balance sheet date.

No trustees received reimbursement for expenditure incurred on behalf of the Church. Two Key Management Personnel received £5,252 (2021: £2,049) in reimbursement for expenditure (including mobile phones, travel & subsistence and hospitality) incurred in the normal course of Church business.

3d Gifts and grants

Included within Expenditure on Charitable Activities are the following gifts and grants:


		Unrestricted	Restricted			Unrestricted	Restricted
				Total				Total
		Funds	Funds			Funds	Funds

		2022	2022	2022		2021	2021	2021
		£	£	£		£	£	£

To organisations:
	Catalyst	715	-	715		300	-	300
	Kings Church Manchester	200	-	200		-	-	-
	Ladybarn Community Hub	2,500	-	2,500		-	-	-
	Life Ministries Trust	-	-	-		-	37,500	37,500
	Northern Gospel Project	-	5,000	5,000		-	-	-
	The Message Trust	-	2,000	2,000		-	-	-
	The Oasis Centre	-	-	-		-	24,413	24,413
	UCCF	-	9,285	9,285		401	198	599
To individuals:
	Individuals in need	-	-	-		250	-	250
	Missionary support	-	-	-		-	9,587	9,587

		3,415	16,285	19,700		951	71,698	72,649

					17

Doc ID: 60a5b3e101bbea17ae9af7b725fa729630ec7a2b

CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2022

4. Taxation

As a charity, the Church is exempt from tax on income and gains falling within the provisions of the Corporation Taxes Act 2010 or the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen on the Charity.

5. Tangible Fixed Assets


		Fixtures, Fittings and Equipment	Fixtures, Fittings and Equipment
		2022	2021
		£	£
Cost
	At 1January	19,499	17,968
	Additions	529	1,531

	As at 31 December	20,028	19,499

Depreciation
	At 1 January	16,984	14,402
	Charge for year	2,182	2,582

	As at 31 December	19,166	16,984

Net Book Value
	At 1January	2,515	3,566

	As at 31 December	862	2,515

All of the fixed assets are used for charitable purposes.

Doc ID: 60a5b3e101bbea17ae9af7b725fa729630ec7a2b

CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2022

6. Debtors


	2022	2021
	£	£

Prepayments	7,738	6,365
Gift Aid receivable	27,956	20,451
Other debtors	1,173	474

	36,867	27,290

7. Creditors - Amounts Falling Due Within One Year


	2022	2021
	£	£

Accruals	5,833	2,487
Other creditors	3,044	363
Deferred income	755	1,740

	9,632	4,590

Doc ID: 60a5b3e101bbea17ae9af7b725fa729630ec7a2b

CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2022

8. Restricted Funds

8a Current year

8a Current year

	At 1 January				At 31 December
	2022	Income	Expenditure	Transfers	2022
	£	£	£	£	£

Andy Brownlee Gifts	485	-	(66)	-	419
Broadcast	1,971	-	(1,971)	-	-
Building Fund	175,000	-	-	-	175,000
Colin Baron Grants	5,294	5,658	(10,658)	-	294
Give Big - Projects (2021)	62,600	-	(17,921)	-	44,679
Give Big - Poor (2021)	9,285	-	(9,285)	-	-
Give Big - Projects (2022)	-	30,078	(17,424)	-	12,654
Give Big - Poor (2022)	-	73,375	-	-	73,375

	254,635	109,111	(57,325)	-	306,421

8b Previous year

8b Previous year

	At 1 January				At 31 December
	2021	Income	Expenditure	Transfers	2021
	£	£	£	£	£

Andy Brownlee Gifts	485	-	-	-	485
Broadcast	10,696	5,000	(13,725)	-	1,971
Building Fund	-	175,000	-	-	175,000
Colin Baron Grants	4,719	7,310	(6,735)	-	5,294
Give Big - Mission (2018)	199	-	(199)	-	-
Give Big - Poor (2020)	10,013	-	(10,013)	-	-
Give Big - Poor (2021)	-	58,285	(49,000)	-	9,285
Give Big - Projects (2021)	-	62,600	-	-	62,600
Uganda Fund	-	909	(909)	-	-


	26,112	309,104	(80,581)	-	254,635

Doc ID: 60a5b3e101bbea17ae9af7b725fa729630ec7a2b

CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2022

8. Restricted Funds (continued)

Descriptions of the main restricted funds are as follows:

Andy Brownlee Gifts. Funding received specifically towards the expenses of Andy Brownlee (one of the pastors employed by the Church).

Broadcast. Funding received from the Catalyst Network of Churches specifically towards the development of the Church’s Broadcast initiative (church planting training delivered by webcast and other electronic means), and other materials to support those involved in church planting.

Building Fund. Funding received specifically for the prospective purchase or long term lease of a Church building.

Colin Baron Grants. Funding received specifically towards the remuneration and travel expenses of Colin Baron (one of the Key Management Personnel).

Give Big - Mission (2018). Funding raised in 2018 specifically towards the support of evangelism, church planting and missionary endeavours, both internal and external to the Church’s own activity.

Give Big - Poor (2020). Funding raised in 2020 specifically towards the provision of grants to The Oasis Centre in Gorton, and the churches in the Ukraine (being the same beneficiaries for whom funding was raised in 2019), as well as Barnabus, a charity working with the homeless in Manchester.

Give Big - Poor (2021). Funding raised in 2021 specifically towards the provision of grants to The Oasis Centre in Gorton, churches in the Ukraine (being the same beneficiaries for whom funding was raised in 2019 and 2020), as well as Life Ministries Trust, a charity working with the poor primarily in Uganda and Rwanda. The funds raised for the Ukrainian churches were intended to be granted during early 2022, however following the invasion of Ukraine by the Russian Federation during early 2022, the Church was unable to remit funds to the churches it had previously worked with given these churches were primarily in contested areas of Ukraine. Following discussions with the Trustees, Church attendees were informed that the funds would be redirected to a church in Poland that was supporting Ukrainian war refugees.

Give Big - Projects (2021) . Funding raised in 2021 specifically towards the new site-planting initiatives outlined in section 5 of the Trustee’s Report.

Give Big - Projects (2022). Funding raised in 2022 specifically towards supporting the Church’s training programmes (Broadcast, School of Theology and School of Ministry - subsequently rebranded School of Discipleship), the setting up of the Northern Gospel Powerhouse (a inter-church initiative supporting church planting across the North of England), and the running of Festival Manchester (an evangelistic campaign organised by the Message Trust during the summer of 2022).

Give Big - Poor (2022). Funding raised in 2022 specifically towards the provision of grants to The Oasis Centre, Life Ministries Trust and Hope for Communities (a small charity working primarily with refugees in the Kurdish region of northern Iraq), as well as supporting establishment of the Church’s new Welfare Fund (established to relieve poverty of those Church attendees most affected by the cost of living crisis) and funding the Church’s Job Club (established in late 2022 in partnership with Christians Against Poverty). The grants to be drawn from this fund were outstanding at the balance sheet date.

Uganda Fund . Funding received in 2022 specifically towards the funding of medical staff working with Life Ministries Trust in Uganda.

Doc ID: 60a5b3e101bbea17ae9af7b725fa729630ec7a2b

CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2022

9. Related Party Transactions

Colin Baron, one of the key management personnel, received gross remuneration of £36,684 (2021: £43,966) and pension contributions of £7,940 (2021: £4,397) during the year in his employed capacity of Church Elder and New Frontiers Representative.

Tim Simmonds, one of the key management personnel, received gross remuneration of £37,556 (2021: £34,852) and pension contributions of £3,755 (2021: £3,600) during the year in his employed capacity of Church Elder.

The aggregate donations made by Trustees was £31,345 (2021: £26,875).

Arlo Accountancy Limited (company number 10997645), a company solely owned by Adrian Phillips, a trustee of the Church, received reimbursement of £180 (2021: £173) in relation to the provision of discounted accounting software.

10. Members Funds

The company is a private company limited by guarantee with no share capital. The liability of the members is limited to £10.

Doc ID: 60a5b3e101bbea17ae9af7b725fa729630ec7a2b