(i ANNUAL REPORT 2021 THE BP ## **Vicar's Letter** As APCM’s have crept later in the year the fact that we report on Jan-Dec 2021 seems hard to process. My own journey of 2021 was not one I wish to relive, but I will always be healthier for it. It was a hard year for many of us but also a year of grace, mercy and new birth. A year when many of us, certainly I, came face to face with our own inner selves through the crucible of lockdowns and pressurised decision making. The pandemic has been shaking, (Hebrews 12:26-29) exposing cracks and exhibiting strong foundations. This means we need humility about our view of God, ourselves and our relationships as we move forward and rebuild in a new landscape. We also can be confident in a loving Father, a trusted friend and a constant companion who is and was with us through it all. Many of those we know are coming to terms with life in 2022 without the God who makes a difference to our lives **. The confidence we have in God and the humility He is growing in us will set us up well to share Jesus with those we know, love and pray for.** Like most churches we are returning to health. Sundays are returning to their pre-pandemic places, but still a little short in volunteers, spark and numbers. In Canley there are good things happening in the week and a growing fringe. Our churches have good numbers of children but we are in need of a plan for growth amongst youth. St John’s has quite a few events coming online or continuing which need to be linked up missionally. We hope that this will be done everywhere through the “Four C’s”. You will all have heard of this exciting reorganisation of missional communities into smaller Connect or Contact groups whilst retaining the midsized group monthly known as Communities. This transition will be slow and steady but brings hope of a creative new life. We are looking forward to revitalisation of our Sunday’s for a new season in every base. I have no specific plan in mind, but know that the Holy Spirit is stirring; As we emphasise that every size of group is equally valid as church we need to re-envision the meaning and reinstate the value of Sunday. Taking on board all we have learned through the pandemic and asking God to guide. We always say thank you to many people, but this year the number is smaller and the debt of thanks greater. Small brave teams of people did so much to make mission, discipleship, services, events, buildings and admin work in extreme circumstances. **We’re so grateful to you all who give your time so freely and generously.** The staff team is a fantastic one. The number of staff paid by the church can look plentiful, but equates to 3 full time posts as everyone is part time. Curates have much training to do alongside their parish roles. Rev’d Ann Peachey moving to take on the next door parishes is such a mixture of blessing and loss. Ann and Will have been a wonderful team at St John’s and we are hugely in their debt. We knew there would be a call to leadership and I’m so glad that it’s so close, but we will miss them hugely. 2 Tatenda Munzara will also be a great loss, not just to his flock of students, but to many of us as his warmth, passion and prayerfulness have been a joy to share. It’s been a pleasure to have him on the team. The team is growing stronger (in hours), but we are somewhat held back until the new (fulltime) Associate arrives (interview 15/6/22, arrival tbc) and we recruit a new student worker. Having the Holman Group offer to support us in communication both internal and in mission is exciting too. Finance is a key issue at the moment. Our giving as a church has stayed at the same level for some time. All costs are up and we are working to increase our pay to our staff in the light of the cost of living crisis and our desire to be an exemplary employer. We long to do more and especially do more for youth as our many children grow older. We have employed two part time Children’s Disciplers, 10hrs a week on a 12 month contract one in Canley and one in Westwood. This was possible for 2022 due to our reserves built up through prudence in 2020-21. We are looking at a gap in our budget for 2023 of over £10,000 and will not be able to continue to employ our staff unless we see an increase in the amount we all give. I’ll be writing to all of you in more detail about this. This is not worrying me, God has us and we can continue in any circumstance, but **it is time for us all to review our giving and give first to God** . Our family has given 10% of gross income to our church for the last 20 years and it has been a joyful journey to do so. I look forward to Caroline returning to paid employment so we can be more generous in taxation and giving. The Bridge feels like it is moving forward from a difficult season with a realistic hope. We shall remain strong, but with faith and love there may be great times ahead. The world around us looks full of uncertainty, but we have already been pruned, we have reshaped for the future, we have been recognised by and will be invested by our diocesan leadership. We may find ourselves amongst a world in difficult times still to come, and be the house built on the rock in which others can shelter and learn to build on the same foundation. Again, humility amongst those who struggle and taking a posture of a servant rather than a benefactor will be key, along with confidence in sharing the hope that we have. I encourage you to be **people of parties, people of hospitality and people of prayer** . This is to be like Jesus, he had no home or income during his ministry but he was at every party, however dodgy the partygoers, he was unhurried with time for all and an invitation always forthcoming, he got up early and stayed up late to spend time with his Father. Let’s be increasingly like Jesus in these things, it’s what he calls us to, what we need and what will transform and bless the community around us. Let’s enjoy Him together and let that hope and joy be infectious. David Hammond 3 ## **Contents** Vicar's Letter .......................................................................................................................................................................................... 1 St Stephen’s, Canley ........................................................................................................................................................................ 5 Trinity Church, Burton Green .................................................................................................................................................. 10 Garden of Hope ................................................................................................................................................................................. 11 St John’s, Westwood ....................................................................................................................................................................... 7 Staffing Report .................................................................................................................................................................................. 10 Safeguarding Report .................................................................................................................................................................... 13 Joint Council Report ...................................................................................................................................................................... 13 Financial Report ............................................................................................................................................................................... 14 Churchwarden's Report .............................................................................................................................................................. 15 Fabric Reports ................................................................................................................................................................................... 16 Electoral Rolls Report ................................................................................................................................................................... 17 Deanery Report ................................................................................................................................................................................ 17 4 ## **St Stephen’s, Canley** ## Congregations As has been said, much of the year was still mid-pandemic, although we had begun to learn how to continue connecting with each other and with God in our ‘new normal.’ I’m grateful to those who continued to lead, facilitate and engage in online services for much longer than any of us had foreseen or wanted! We continued to meet together frequently outdoors, enjoying many walks, picnics and garden get-togethers as both Communities and as a whole congregation. We said thank you to a few people who stepped down from the Leadership team during the year (Gavin Irvine, Mike Ashelby, Anna Martin and Jonathan Martin) and welcomed a few new faces to the team. The Leadership team is currently Sarah Ashelby, Tom Hickinbottom, Hannah Irvine, Matt Jermyn, Debbie Rumsby and Laura Dawson. My thanks as always go to this team as well as the many people who either lead Communities or contribute faithfully to make Sunday services happen. ## Communities Our two Communities had been launched during 2020 in the height of lockdowns, so 2021 saw much enjoyment (and relief!) in being able to gather in person and begin to form deeper relationships and welcome others. One 2021 highlight was watching The Chosen tv series “together apart” - watching in our own homes, and then connecting via Zoom to discuss. We look forward to welcoming more people into our Communities, and organising ourselves into smaller groups who meet more frequently. ## Events & Highlights Particular highlights of the year were the Canley Big Lunch (in partnership with other local organisations and groups) where we gave away burgers and hot dogs and chatted with hundreds of local Canley people. Our first ever Easter trail and second Nativity trail were also both fantastic, giving us a great opportunity to tell the gospel stories in creative and inclusive ways. We joined in with New Wine from homes across Canley, and loved the New Wine service in St John’s field with others from the Bridge. In October the foodbank moved from the Family Centre into the main church, which has created a great opportunity for welcoming users and having good conversations. For Christmas 2021 we introduced a new service, “Caroloke”, at which local residents and church members contributed dances, poems, jokes and songs alongside the usual bible readings and carols. It was a really special, moving and joyful experience and very popular. We also joyfully baptised both adults and children through 2021 and welcomed new people who had come to faith during the pandemic. During the year, we made significant progress with exploring potential new building options with both the congregation, wider community in Canley and our architects APEC and we look forward to where this might go in 2022. 5 On a personal level it was brilliant to be able to take a few guests to the Cathedral and later celebrate together at my priesting ordination party on St John’s field (and I’m sure I managed to beat David on the gladiator podiums!) ## Children & Youth There were, of course, challenges as we continued to try to be the Church during a pandemic. In particular, we have missed being able to run children’s groups due to our restrictive building (and being unable to use the Family Centre). We have felt the value of our on-going commitment to worshipping together as an extended family, and enjoy our children and young people being with us, but also look forward to having greater capacity (building and volunteers) to have time in our age groups as well. Overall, in much the same way as the year before it, 2021 seems like a year to look back with grateful hearts at God’s goodness and faithfulness. I look back with a sense of ‘being held’ by God and feel excited now to look forward with fresh hope for what God may do amongst us next. ## Sarah Ashelby 6 ## **St John’s, Westwood** ## Congregations At St John’s we started another year with restrictions and zoom meetings, and ended the year with Christmas services in person and things looking more like pre Covid. Although it was difficult to meet up, we still managed to grow and develop the teams, including the staff team – with Tatenda, our Media and Student worker joining us in June, and Alison, our Children’s discipleship enabler starting in October. Jeff finished as Administrator with our thanks, and continued to bring lots of support in his other roles, including helping Ros, our new administrator settle in. It’s been very exciting to see the church family gaining in confidence together again, first outside in the garden, and then inside, masked and at a distance. The separation grew a sense of longing to be together and worship again – making a joyful noise to the Lord. We give thanks to God that the congregation steadily grew during the year, getting back towards prepandemic numbers, with the student group trebling. New people on teams – some leading worship, leading prayers and services, and preaching for the first time. We have had many new people come to St John’s during 2021, some brand new Christians, and some from Alpha over the summer, which is a real blessing. New styles of worship and services were tried out during the year – encouraging us to gather together in safe ways, particularly outside. We followed the example of the Forest Missional Community group to use the field as a safer space to gather to pray and worship, particularly over the Summer. In September we launched a new style multi-generational service Breakfast Breakout church, with breakfast, then 20 minutes together, followed by 20 minutes activity which can be chosen on the day, from quiet meditation, to discussion. It’s worked really well and has drawn in those who’ve struggled to get back to church or who are on the fringe, as it is welcoming, friendly and unthreatening. ## Communities Missional Communities and other groups have grown or finished their time together and merged with other groups. The leaders have met regularly for huddle and support, and gathered for training and refreshment in September. The Pastoral care team has continued offering love and support. Refresh Women’s group met on zoom for the first part of 2021 and gathered together at St John’s in December for their Christmas celebration. ## Events & Highlights As the year went on and restrictions eased we starting having baptisms and Weddings again. We’re grateful to Rev Kathryn Hammond who joined us early on in the year, who coordinates. Kathryn led a Celebration of Life service in November, when all the families were invited to come to remember their loved ones who died recently. 7 Other highlights of the year include: - Summer term Alpha on zoom and ‘away day’ together in church in June - Sarah’s ordination party in July on field – picnic and inflatables - Digital New Wine on field followed by picnic - Student work launch October - An evangelistic Carol Service - Popup Nativity - Christmas Eve Midnight Holy Communion - Christmas Day - We ended the year with a renewed purpose and confidence and joy at seeing what God is doing amongst us. It has been wonderful to see new ways of worshipping, with different members of our church family getting involved, for example the children leading our intercessions, students leading discussions, and our retired family members leading services and hosting students into their homes for meals. We’ve had babies born during the year, with baptisms and families growing in faith and number. There is so much to celebrate and thank God for. “Give thanks to the Lord for he is good, his love endures forever. Ps 107:1 ## Ann Peachey ## Students In June 2021, I (Tatenda) was welcomed as the new student worker, My hybrid role as a student worker and media officer involved the well-being and pastoral lead of the students. Joining in the summer, I established a regular student syllabus, with the help of Ann and Will Peachey. This academic year, the student work restarted in-person with a launch of various social events that were designed to be invitational to new and returning students at Warwick and Coventry University. Strong relationships were built with Warwick Christian Union (CU), having regular ‘Equip’ meetings being hosted at St. John’s Westwood - a notable mention was the CU summer ball and Wonder Festival also being facilitated with the church. We saw an increase in both domestic and international students this year and a great amalgamation with each other. As it currently stands, we have fourteen students who call St. John’s their place of worship and a lot of them regularly invite their non-christian friends and housemates to social events designed for the wider church and students. In the autumn term, we started student bible study meetings called ‘Tea & Theology’ which are held on Thursdays. This space has been the source of many testimonies, including people learning to hear the voice of God and getting introduced to operating in the prophetic. Overall, the student life has grown and has been nurtured by amazing volunteers & contributors to events, like the Peacheys, Carolyn Howarth and our Children’s Discipleship enabler, Alison Fry. Tatenda Munzara 8 ## Children & Youth During the summer months, Forest MC continued to have sessions on the field. Once a month they ran larger sessions which other family groups joined in. Since September we have started up our 0-5 group during Sunday Services. This is headed up by John Finlayson and has 6-12 children attend each session. From this group we have said goodbye to Michelle Robinson who has been a leader of this group for over the last 10 years and will be greatly missed. Our 5-11 group was re-started up from October this year, and is led by myself (Alison Fry). We regularly have 14-22 children attending this group. This group has been able to make use of the Garden of Hope during sessions and have been able to run sessions outside as well as inside. While there are no formal groups for the over 11+, each child in this age range is participating in some activity within the church, either in worship, sound desk or supporting the 0-5 group. In October we had a light party at St John’s, which was a great time for families to get together for fun and celebration of light as an alternative to the normal celebrations around that time. In October I was employed as Children Discipleship Enabler, and have been working at getting the children Sunday groups up and running again and updating our children’s policies and safeguarding. We are grateful for the amazing support of Susie and Nick Romney, and of Debbie Rumsby who put on a spectacular pre-school nativity service despite all the chopping and changing of COVID policies leading up to the service. ## Alison Fry 9 ## **Trinity Church, Burton Green** Over the last year we have really enjoyed being able to meet together and worship together in person again. We often experience God's presence during our simple, intimate services each first Sunday of the month. We're glad to have restarted serving tea and coffee, helping everyone to feel welcome and comfortable. We continue to meet together on the third Sunday of each month to go deeper in our relationships with each other and pray for Burton Green village. As part of our ministry to the village, John serves as a Governor at Burton Green Primary School as a foundation governor. It is good to support the staff and help promote "Life in all its fullness" (the school vision) for the school community. As a number of our congregation struggle with ill-health, it is good for us to be able to support each other. Looking forward, we’re excited to spend more time with our local friends and neighbours, discern new ways of engaging and connecting with the community, and invite them on a journey of exploring faith. We wonder if God will use the opening of the new Village Hall to provide us with such opportunities. John Finlayson 10 ## **Garden of Hope** This time last year we were asking you to pray for planning permission for The Garden of Hope. As many of you will be aware, unfortunately, we were not awarded planning permission and initially this felt like a huge set back. However, with some adaptions to the original plans and creative thinking we developed a new plan that would not require planning permission. Over the last year, with plenty of labour, love and donations, we have started to see the conversion of the field into a peaceful garden and meditation space. We now have two gazebos, a barefoot walk, a fire pit area, an arbour for quiet reflection, a cross, a labyrinth and lots of other developments that are beginning to transform the space. We have just started a coffee morning on Mondays which are open to all and hopefully from the summer we will be able to run retreats in the garden too. We are now taking bookings for church groups to use it so please do get in touch if you would like to use the space. Email: thegardenofhope@thebridgecoventry.org If you would like to support the project, you can do so by: - Monthly financial contributions (or one off) – use the normal church bank details but reference ‘The Garden of Hope.’ - Prayer – for team, resources and mission. - Join the small team! ## Caroline Hammond 11 ## **Staffing Report** 2021 was a year that included lots of change and the opportunity to implement the delayed plans of the past couple of years. Some key things to know about our staff team: - Our staff work hard and are generous with their gifts and skills - All our staff (not including our Vicar and Curate) are part time, and most work less than 12 hours a week. - The staff employed by the Joint Council equate to 3 full-time members of staff. The opportunity to sustain and grow our ministry staff team (whether in hours or persons) is dependent on your giving. At the beginning of the year of 2021, I (Sarah Packwood) joined the team as Operations Minister. Over the first few months I worked with the Joint Council to start a recruitment process firstly for filling the gap for communications and also student work. We had not intended to create a job that was blended with both these areas but the right candidate for both Media Officer and Student Worker was Tatenda Munzara who joined the team in June. A lot of the year, time, energy and primarily prayer was poured into the recruitment of our Children’s Discipleship Enablers. It took time, conversation and patience to create the right roles in the right timing. We created roles that brought the wisdom and DNA of Kidz Klub into the aspiration and vision of the future as the charity itself ceased operations. We recruited Alison Fry for St John’s and later Anna Martin who would start in the first quarter of 2022. These are 12 month contracts that with your increased giving we hope to extend. As the year closed we said goodbye to Jeff Smailes as a staff member who had been a key player in the pandemic and transition of staff during 2020 and 2021. We also recruited Ros Ginn as St John’s Church Administrator to begin at the start of 2022. ## **During 2022 we will be saying;** - a goodbye to Ann Peachey as Associate Minister at St John’s, - a hello to Caroline Hammond as Curate at The Bridge, - a goodbye to Tatenda Munzara as our Student Worker and Media Officer - a hello, we hope, to a new Student Worker and Associate Minister at St John’s. ## **As we continue our journey in 2022;** - Celebrate with us those who have served across The Bridge and are moving on - • Welcome well those who will join our team, - Pray for the health and wellbeing of staff, - Pray for the Joint Council and Bridge Leadership Team as they make decisions - Give for the sustainability and growth of our staff team. ## Sarah Packwood 12 ## **Safeguarding Report** In December 2021, I (Laura Dawson) was appointed as the new PSO for the Bridge Benefice. I would like to thank Jane Tranter and clergy who held this role prior to this as well as Sarah Packwood and Jenni Dunne who have both worked extremely hard in recent months. - Safeguarding continues to be a key agenda item at the Joint Council and the leadership team have ensured that we are compliant with the Church of England’s Promoting a Safer Church Policy. Over the past year, we have ensured that all volunteers are safely recruited, we have updated our reporting concerns policy and we have been working closely with the Diocesan Safeguarding Advisors when needed. - Safeguarding training and DBS checks are largely up to date but please act quickly if you are asked to do either of these. - In 2022, we are hoping to recruit Safeguarding Champions for each base as another point of contact for queries and concerns. Laura Dawson ## **Joint Council Report** The purpose of the Joint Council is to work with the Vicar to advance the whole mission of the Church in the parishes of Canley and Westwood. The Joint Council is a registered charity, and its members are the charity’s trustees. The current members of the Joint Council are: Clergy (ex-officio members: David Hammond (Vicar), Sarah Ashelby (Curate) and Ann Peachey (Associate Minister) and lay representatives: |**Elected member**|**Base**|**Member Base Term Ends**| |---|---|---| |Jan Sayer|Trinity|2022| |Tom Hickinbottom|St Stephen’s(Churchwarden)|2024| |Jonathan Martin|St Stephen’s|2024| |Matt Jermyn|St Stephen’s|2022| |Laura Dawson|St Stephen’s|2023| |Arun Mathani|St John’s(Churchwarden)|2022| |Jeff Smailes|St John’s|2023| |Andrew Smith|St John’s|2023| |Michelle Robinson*|St John’s|2024| *Appointed in October 2021 to fill a vacancy left after the APCM. Four members are elected from Canley, four from St John’s and one from Burton Green, and the elected members must include at least one Churchwarden from each parish. Members are elected for three years at a time, and three of the nine elected members will complete their three-year term each year. During 2021 the Joint Council met seven times. Topics discussed included: the proposal for the Bridge to become a Hub Church as part of the Diocesan strategy for resourcing new worshiping communities; work on St John’s and St Stephen’s church buildings; the proposal for a new building for St Stephen’s; staff appointments; and structures for community life at the Bridge. Safeguarding and finances are standing items on the agenda. Matt Jermyn 13 ## **Financial Report** The Joint Council of the Bridge Benefice, Coventry has now been in operation for 13 months. The accounts of the two Parishes of St John’s Westwood and St Stephen’s Canley were transferred to the Joint Council on 1st January 2021. This is the first report of the combined accounts. The comparisons are against the 2021 Budget rather than the prior year, as the prior year data is for St John’s only. The summary below includes the restricted funds as appropriate. The newly formed Bridge Benefice was in surplus by £37,786, this however, includes a one-off transfer of cash from St Stephen’s of £36,086, so on a going year basis the surplus was £1,700. During 2021 the COVID virus outbreak continued to have a significant impact on the day-today operation of the three bases of The Bridge with a subsequent knock-on effect on both the income and expenditure. ## **Income** - Planned giving was £176,627 which was £3,127 above budget. - Gift Aid at £43,161 was also above budget by £4,661. - Cash giving at services dropped to only £359, £2,141 below budget. - Trading activities of Occasional Offices, room hire and Car park rental, totalled £10,587 – on budget. - Overall income at £244,470, was £19,470 ahead of planned budget income. ## **Expenditure** - The cost of paying staff was £65,273 – below the budget by £11,727, driven by hires starting later than forecast. - There was a small amount of furlough income of £772. - Other staff costs were £3,496 below budget. - Groups and meetings expenditure was £6,643, an underspend of £10,207. - Spend on buildings, equipment etc was £46,003, over the budget by £5,353. - Parish Share was as planned at £72,500 - Gifts to supported organisations was £32,290 over budget of £27,070 by £5,220. This includes giving via restricted funds. - Overall expenditure was £243,038, versus a budget of £245,500. The finances of The Bridge Benefice are in a stronger position at the end of 2021 with unrestricted funds of £63,833, representing 29% of the turnover in 2021. To grow the continuing work of the church, we need to encourage some further increases in regular giving. The buildings at both St Stephen’s and St John’s require investment. God's generosity and blessings are again recognised by the Joint Council as He continues to grow His work. Jeff Smailes 14 ## **Churchwarden's Report** Like for most people, 2021 was a year of start and stop for the church. For the wardens it was a year of interpreting guidelines and finding our way back to some form of normal worshipping patterns in our buildings whilst continuing our efforts to ensure everyone was able to connect with our communities and our corporate worship. We are so very blessed to have such a wonderful clergy and staff team who have worked tirelessly to find new ways of ministering, new ways of helping our communities to gather and new ways to reach out to those around us. At Stephen’s we had church picnics and prayer walks, new missional communities were formed and fantastic outreach events were held. We served hundreds of hot dogs and burgers at the Canley Big Lunch which was perhaps the first taste of normal life returning for the church. Our nativity trail was well attended by local residents who walked the streets of Canley following the story of Jesus’ birth. At St John’s we experimented with a new format of service: ‘Breakfast Breakout’ church, aiming to provide a range of expressions of gathered church that were suitable for all ages and stages after spending some time fellowshipping together. We were also pleased to welcome Alison Fry to the staff team as our Children's Discipleship Enabler and are excited to see how she continues to develop the work she had been doing in a previously voluntary capacity. We would like to thank all who have given so much in support of the life of the church this year whether that be in the visible or the invisible work. As always we want to give particular thanks to our clergy and staff team who have undertaken a marathon of planning and preparation all whilst leading us through another turbulent year. We look forward to 2022 being a year of rejoicing in God’s favour and blessing knowing that He is our provider and our restorer in both the hard times and the good times. Tom, Arun and Hannah 15 ## **Fabric Reports** ## St Stephen’s, Canley This year was a quinquennial inspection year for St Stephen’s. The report highlighted a number of areas that require attention. A programme of works was started to rectify these. The church started working with APEC architects in combination with the Canley Community Centre to explore what a new building for both organisations would need. This included engagement exercises with both the St Stephen’s congregation and the community at large. We look forward to the outcome of this work in 2022. ## St John’s, Westwood The St John’s 2020 Quinquennial Inspection took place in February 2020 and resulted in a number of urgent actions. There were two main areas - a new flat roof (estimated c£60,000) - architects have been engaged to prepare the drawings/plans for the - Faculty & quoting process - the process of obtaining the Faculty approval is in progress - the quoting process should start in May/June - there is £36,000 in the designated building fund to part fund this. Grant applications will be submitted once the costs are known - to recover the pitched roof to the main church building (which has reached the end of its effective life) by 2025, plus associated works and measures to help achieve the ‘Net Zero’ target. The aim is to substantially extend the life of the main church building and lower the environmental impact of running our church buildings - Plans to start the preparation work in the second half of 2022 - Grant funding will be sought to help meet the cost of the roof - In the meantime, several smaller maintenance activities have taken place - Cleaning the main roof gutters - Repairing the dip in the path outside the Trinity Room - Updating the live streaming equipment - Keeping the grounds presentable through working parties & other actions. - A report on the condition of the electrical installation has been obtained and some updating and remedial works are required. The QI report can be made available if people would like to read the recommendations in detail. Should the church have aspirations for the future development of the church field, once the Garden of Hope project has come to an end, consideration needs to be given to whether representations should be made as part of Coventry City Council's Local Plan review, which is to start later this year. 16 ## **Electoral Rolls Report** During the year January 2021 to December 2021 the two parishes of St Stephen's and St John's combined as the Bridge Benefice, so the electoral rolls for both these churches currently sit separately, though they will be combined in the near future. After revisions, St John's started the year with 117 people and ended the year with 115; St Stephen's started the year with 39 and ended the year with 37. So the combined numbers for the Bridge Benefice is an overall decrease of four - from 156 to 152. ## **Deanery Report** The four Synod meetings last year included talks on Working Towards Net-Zero, Living in Love and Faith, and Deanery Plans; we also have had presentations from a different parish each meeting. We have begun having meetings in person, and so visit a church in our deanery (or Kenilworth) each time. The biggest item was accepting a deanery plan (as a working document) for the next 3 + years of clergy deployment. We are blessed in this deanery that the plan involves staying with current resourcing with current levels rather than merging more parishes (as has happened elsewhere); although this plan will be reviewed and go to PCCs for further consultation and potential amendments as our positions post-Covid become more clear. 17 This Annual Report is reflective of one benefice, two parishes and three congregations: 18 Charlty R•y'str4tion No. 1129017 JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY LEGAL AND ADMINISTRATIVE INFORMATION D HamnxKKI J F￿naIle5 T HIG￿r￿ttOrn M Jermyn J Martin L Dawlon A Peac S Ashe A Maltsr J Sayer M Robinson {Appolnt¢d 5 October 20211 Ch•rfty nunl>•r 1129017 Ind•p•nd•nt •x•mln•r A2ets A￿Irt SeM¢es 3Mc Mid¢Aemarch Busln•s¥ Par* Siikin Drivè Coventy st Mkllands Unlled Klwdom CV3 4FJ JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY CONTENTS )int Counc¥ report Independent ex#mintr3 rewt Statement of ffiancwl •cts¥its'es Balance 8h•et Note8 ID the ffinandal statemo 8-16 JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY JOINT COUNCIL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The Trusiees Pre￿nt theY report ¥*ith the ffinanual ￿￿ements of the clwity for thtt ￿ ended 31 1)e¢ember 2021. The ffinancial statements have been prepared in accordartt *ith the ac¢ounling sel out in note 1 to tho finanoal $tslements and coM￿Y tr* Chantys govemirwj ¢Jo>Jment. the Charilies Act 2011 and 'AccountirwJ ar¥J Reporting by Chaith•$". Slatery￿1 of Re¢￿￿Mend?d Prxtice applicable to ch•rit*s eparirg th￿r account5 In accordance the Financial Reporti'ng Slwthtd a￿￿'cable in the UK and Republic of Ireland IFRS 1021 leffedlve 1 January 20191" ObJ•¢I1￿ and actlvlll•• ObJ•th•s and Almj The Primary objective of the Joint Council is to ￿-operate with tr* minister kn wolng In th• parfsh th• v*l)ole mi$¥ion of the ¢hurth,' p••loral. ev•ngehsb'¢, so¢HI and ecuw*nK•l. The Jolnt Councll •xc•rd8•s all th• fur£tion$ of Ih• PCC'S of th• of •rd Canl•y, went Into abeyance W￿Th the Jtyjnt Ctyjndl was crèatéd. Publlc B•n•fit The Jolnl Coundl have had due reg¥d to guidane• publslwd by IM commkn1t￿ on publlc b￿Offi d ￿nSIder that the chanty comphes Y•th the rewirements Volunt••rn The Joint Councl, woukl Ike lo thank al staff. ¥c4unte•r¥ 8upp)rtern. t￿tth￿l efforts the V￿rk of Ihe chaiity w)uld not be JOINT COUNCIL OF THE BRIDGE BENEFICE. COVENTRY JOINT COUNCIL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2021 A¢hl•v•m•nts and p•rform•rt• C￿r￿•b￿ •ctlvltl The Jort Counul of the Bn'dge 8enekn. Co¥*ty hay nu4V been n operation fi)r 13 months. Th• Charity Commission has sarthxed that the exisb.ng chanty regi51rntk)n of Sl John's can be rewnamed the 'Th8 B￿dge Benefice Coventy, Whilst keepirvj the existiry chanty wnknr. The accounts ol the two Parishes of St John's W•sMwd and Sl Stephen's Car￿Y V+Ere transferred to the Joint Council ¢)n 1 st January 2021 and thls L8 the first report rf the ¢on**ined a¢￿un￿. The L%¥mpari50ns we ogoin¥t th 2021 Budget rather than p￿or year. as thè piior yéar data is for St John's only. Th• no￿ fomed B￿d9t BenefKe w*# in swplus by £37,786. tri¥ frthwver. IndLths • oTh￿ff tranJf•r of cash from St Stephen's of £36,086. $0 on a going yew basiy the ¥urplus was £1,700. Ounng 2021 th• COVID vlrus outbreak continued lo have a signrfKant inya¢t on the day4fyday operauon ol the three bgses of The Bridge, namely Sl John's ￿$t￿l)0d. St Stephen's Canley and Tririty Burton Green. Ther• . Th•r• VAS a lockdo￿ al lh¢ Itart 012021 ¢oupl8d r•8trklons arowd m•efjny together in the chur¢h ￿)ild1r¥, as as Vi each other'3 IK￿￿8 impacted ¢>n actiwty of th• church vAth 4 8ub$equenl kn¢xk4>n effed on bolh tre wKome arrtl exFw￿itWe. In ￿MParIs9n to the forecast budget income the folkthing [*￿e8 oKufTed'. - Planned gi￿n9 was £176,627 vthlch tfvrds £3,127 •bove bL* Gift Aid at £43,161 was also above budget by £4,661 Cash giving at serwce¥ dropped lo onty £359. £2.147 bdow Wel Trading a¢bvrties of Ocusion￿ Offices, room hir• and Car park rontsl, totalod £10,587, £87 ahead ol Iholr combinod budg¢1 Overall In￿￿• al £244,470, was £19.470 of planned bLty irKom•, thch i• a t•8t•m&nt to the c¢)mmilmenl of the members of th• Bri¢Jge beneffic•. In comparixfj to the forecast budget expendriure Ihe folrn•lng ¢hang¢s occurr•d: . The cost of paying $taff wa$ £65.273- ￿10￿ thè budpt by E11.727, drfven by hlre• •twbrvJ l•l•r than foro¢asl. . There amount of fixlough Incorrn of£772- tr* &•nef w•¥ futh>ughod in lockdown•. Thtrre wa$ virtualy no income from slaff charge out. Iu8t £80 other staff costs were £3,496 bel)w budgeL oups arKI meetings expenditure was £6,643 - meelir8$ lust dd rK*t hapw. Th• budpt w81 £16,850. 80 an und•rsp•nd 01£10.207 Spend on tsildngs, equ￿1￿ etc was £46.003. 1)¥•r the budw of £40.650 by £5,353 Parish Share wa$ as ￿Onne￿ at £72,500 Gift8 10 8UPPOrted org￿lS¥thin9 was £32.290 o¥er budyt of £27.070 by £5,220 (heram expendliur• vrds £243,038, vefSU$ a budget of £245.500 Overall, this re$uAed in a surplu5 of £37,786 in 2021. Thus, finan¢e$ of The Bridge Benefice are fft a strwr ￿￿ban 8t th? erKI of 2021 wtth unre$ln"¢ted funds of £63.833. repres•ntw¥ of the IwT)o¥er In 2021 li •bts￿ the targèt range of 10% to 15%. JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY JoIKr COUNCIL REPORT (cO￿riNUED> FOR THE YEAR ENDED 31 DECEMBER 2021 TD grow the cl￿tinuIng vnk af the clMw¢h. hope lo (kn. tht r*eed Io VK¢urage further Inw8es in regular giwng The buildings at both St st￿n.3 and St John'8 require investment At St John's the outcome of the 2020 Quinquennial in8pBcODn wll req￿re major Inve8tmnl in th• fabrlc of the church bulldSng, initlalty a new Ilat rcof {estimated c£60.0￿J) folbmd before 2025 of new roof lor the main church ￿lding plus assocth addryon5. This 15 yet to bè co$ted bul likdy to be over £400.￿0. F￿d3 set ayde already to pay Some of the cos( wè 8T• invesbgab'ng possi￿.1￿e$ fof r•ceiving GranlAid. for Ihe th￿Ik. At st Stephen's an Initia ¢onsultaUon has taken place ¢)n thè F￿$$Iblty of wilh the Canley Communlty Centre to build a nthv building t**i¢h is both • cthur¢h arKI 8 ￿rnnK￿ty rxntre. Further preporatory work vJmw*nce in 2022. There has been inveslment m* in new staff in 2021, the Bridge Benèfice has Te¢xu(ted Sarah Packwood as Operab'ons Manager- January 2021 Tat•nda Munzara as sludfjnt and comnwnution offic8r- Juty 2021 Ison Fry as Chlldren's Dlscipleship Enabler St John's~ O¢aober 2021 Anno Martin as Chihjren'g Di3¢sF4eth'p Enther St Stephen's- J•rwry 2022 Ro3 Ginn replaced Jeff Smalles a$Administrator al St John'$- Jarwary 2022 Gotts gèmroslty and bles8rnp we again raeogr￿Sed by the Jolnt CourKM 48 He ¢￿InueS to gruw H8 Nbtjrk, and we conts'nue lo seek His wll to futher d•v•lop and gmw HI$ klrydom throu9h HIS thurche¥ Sl John's Wesl*wl, Sl Stsphn'¥ Canley Trirwty Gr¢¢n. FINn¢l•l r•vl•vJ Tho charrty has a r•8er¥e8 polty lo malnlth r•MrvM to a IMI *th•re ad•quat• wor￿n9 c•ptt•l i• available, bLrt not to alkm exces$ive re￿r¥ets being mairrtained or for funds to go into deficit. The total amount ol T8￿rVeS held at the year end aff￿Unt¢d to £100,014. The results for lh• year arn show￿ in the Sl•tom•nt ol ￿nar￿al Actmlles. arKI the Tru9tees conelder the re8uns to be better than •xpecled. esperyalty V￿th lh• ￿ndeMiC. The yew*nd P)th'C￿ is shown in thè balance *h•trt The Tru¥lgey h9$ oygeysed the major rfyk8 to ￿thIch tlw •rn exp￿d, •rKI •* #•l1sf￿d that systems arn place lo mits'gate *xpo$ure lo the major risks. JOINT COUNCIL OF THE BRIDGE BENEFICE. COVENTRY JOINT COUNCIL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2021 Struc￿r•. go¥•mance and manwnenl Gov•ming Docum•nt The Jc4nt Councll's goveming documents are the Parothial Church Councils IPcAver8) Mea¥ure 1958. a# amended, and the Church Representstion RLde arn Conf¥r￿ hl Sdwlul8 3 to th• Synodi¢al Govemmenl Measure 1969, as amerKledl. A scheme made In Noverthr 2020 under section M38 ofthe Church Representab"on Rules modfified how the Rules appty kn tho Brldgè BèMfic• *MI cmatbd Ihè Joint Council. The Tntst•è8 wvad duthg th# yw and ￿ io Ihe dats of•lgnatLre ofltr• ffin•ncial staternnts vnre: D Hammond J Smalles T Hickinbottom M Jemiyn J Ma￿n L Daw3on A Peachey S Ashelby E Robinson A Mahtani J Flnlayson A Smnh J Sayor M Roblnson IRMign•d 23 May 20211 IR••lgned 23 M•y 2021) {Apptynl•d S O¢tober 20211 R•cruilmont arKI appolntm•nl of n•wIr￿t The mmborship of th• Jolnl CounrAI is by th• Clwxth Representation R￿. 18 modified ty Ih? 2020 •ch•m•. Oryanhatlonil 8tructhr• Deci￿on8 made in form￿ j￿nI CourKI meetlng8 are communkaled Io 8taff perfNm dIr￿t and administratrve rol¢$ ovew¢n by th• Jrynt cou￿11. Comm•nc•ffl•nt of Actl¥lll•s The charity rewslered the Charity Commission on 6th Awl 2009. 4>proved by uder ollh¢ tyJard ￿ tho Jtinl Courxil <￿ 61hAwl 2022 *ned on itj bowl by. Mr D Hammond Ilr J Sm•ll•• JOINT COUNCIL OF THE BRIDGE BENEFICE. COVENTRY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY I report to the TW3t￿9 on my •xwr&nation af ￿ finan¢ial stal•m•nls of Joinl Councl of Th• Wde 8￿fiCe, Coventy for the year erKled 31 Dwiber 2021. R••ponsibiliti•s and buis of r•port As IM Trusteè$ of the Charity yw we Yesponsth fry Ihe pwarabon of the ￿ancial Statements in accordance wlh the requirements of the chaiiti.es Act 2011 (the 2011 Act). I report In respect of rny examI￿ty0n ol tho Charity's flnancial staknenls carri8d oul undw 8action 145 of the 2011 Ad. In carryéng out my èxamlnatton I have fob)￿1 all t￿ applicablè Direth'ons glvén by thé Charity Corrniisii(￿ under 8•¢tW￿ 145{51{bl of the 2011 Ac Ind•p•nd•nt •Mmln•rfs •t•t•m•nt Sin¢• th• Charity's wo$$ w)¢ome exceeded £250,000 yow examtner must be a member of a body Ilsled in sodlon 145 of th• 2011 Act. l ￿nfim7 that l am qU￿rf*d to undertake the examinat￿ btta￿e l am m&M￿r OIACA. v￿chIl on• ofth• Ilthd tsodi￿. Your attentK>n 1$ drown lo lh• tscl tho1 the tharity has prepar•d fin8nd4 *al•m•nts In accudaru A¢courfng and Repo￿n9 by Charittes preparing their *Kco￿t$ In ac¢>Jrdp&rk with the Finan(yal Reportlng standard applicable in the UK and Republic of Ireland IFRS 102) In Pref•t&￿ to t￿ A¢¢ount*ig ar Reporting by CttarrtieJ'. Statement of Recommended Pr*aic• i¥w•d Qn 1 April 2005 i¥ r•f•rr•d to in Ihe extant regula￿an￿ but has now be•n vdthdravm. l understand that thi* has been in Ixder for th•ndal st•tstY￿ts to probtyde a tru• and falr view In •ccordan¢e vth General￿ Accepted Aceounting Pracljce effectNe frjr reporting wriod¥ te9inning on Dr after 1 January 2015. I have ¢ompleled my exaM1r￿1￿n. l eonfim Ihat M mattérs havo comè to my attèntK>n In conn•ction the eXaMinat￿n 9￿ing me caLMe lo believe that in ony molerial r••p•rt accounting records w•r¢ nol kept In re$pe¢l of the Chonty a$ required by 130 of the 2011 Act,. the financ1818tateme￿s do not accord *llh th08e recordj,. or the finandal statements do not comth viti the applKabb8 r•quY•m•nts cor￿mIng th• fomi •nd content of accounts set out In the Chwitie8 IAcc*yJnts &)d Rep￿ts> Rtyul8tlons 2008 othor than any requirernenl that the accounts give a and fair view wthich 1$ not a matter c￿9￿1￿red 05 port of an Ind•pnd•nt •x¥ranakn. I have rK+ conc¢rn$ and ha¥e come other mattern kn c¢)nn•dlon èxamination lo whth •ttenlitin should be drawn report in tsrderto undeT¥landing of the flnancid statwients to be reach￿. Rob•rtAnderson FCA z81s Audit Servi￿$ 3Mc Mlddlemarch Bullr￿8$ Park Slskln Drfve Coventry IA*$t Midlands CV3 4FJ United lfjngdom *0£2 JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDrruRE Accoumr FOR THE YEAR ENDED 31 DECEMBER 2021 Total Unrestsictèd Restrf¢*d Jnds Total fundB 2021 2021 2021 2020 2020 2020 Donations and lega¢ies charitab￿ a¢tivits Other Incoff Inv•8tsner 220,387 10,587 9.294 11.593 1,903 26.792 231,980 12.490 36,086 177.291 12,146 18.450 195.741 12,146 Total Inconv4 240,268 40.556 280,824 189.437 18.4SO 207.867 Charitable acti¥llles 216.634 26.404 243.038 181.700 17.993 199.693 N•t Incomlng rn•ourc•• b•fov• 23,634 14.152 37,786 7,737 457 8,194 Gross tran*for$ b•then fvnds (2.4171 2,417 {29,1121 129,112} N•t In¢om•ll•xp•ndltur•l for th• y•arl N•t M0￿m•nI ln fvnd• 21217 16.569 37,786 7,737 128,6551 {20,918} Fund balance8 at 1 J•nu8ry 2021 78.797 11.646 90,443 71.060 40,301 111,361 Fund balancu at 31 D•c•mb•r 2021 100,014 28.215 128,229 78,797 11,648 90,443 The $totOW￿nI offinanryal athties in¢kths all gains and Iosw4 r¢¢wised in the y•ar. JI income and exp¥KIrt￿e derive fr¢)m Conlinuing •¢li4rybes. JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY BALANCE SHEET AS AT31 DECEMBER 2021 2021 2020 Current a**•ts Debtors Cash al bank and In haThl 11 11.ori 120.890 10,651 93.480 131.967 104.131 Crtdltorn: *mO￿tr falllng du• Thlthln on• ymr 12 13.7381 (13.688) Net currnnt a$￿ts 128.229 90,443 In¢om• I￿)dI Re6tri¢t•d fvnd• 1J 28,215 11,646 Deslgnatsd lund8 Generd unrèstrfctsd fundi 14 36.181 63,833 40,048 38.749 100,014 78,797 128.229 90,443 Tho)In8nrial ststsn*nls vmre 4)pnw•J ty ths Th￿tIeS M..,S ATr...1.. 202 Mr D Hamm(nd Tru*t•• Smamos JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2021 A¢counOng poll¢l•s Ch•rlty knforniallon Jolnl Coundl olTr* 8r*e Benefice. Covth Is an ￿InCOl￿ated tharity regi#er&J in EThJkrK 1.1 Ac¢ounOng ¢onv•ntlon The financial statements have t*en wepared in 8ccordanca ￿1th tha Charty's tgovwnir¥J docLun•nti, th Charities Act 2011 and 'A¢¢oLv)b'ng and RepLYt"ng by charit￿.. Statement of Recomlnended Pradce appI￿able lo charities preparing their accounts in ac¢ordarKe tmih the FinwKKg1 Repo￿.￿9 Stsndord applKable in the UK and RepublK of Ireland IFRS 1021 leffecli¥e 1 Januwy 20191.. The Clwity is a Public Benefft Entlty as defined ty FRS 102. Th• Charity has taken ad¥￿tage of th• prwwons In the SORP for charltb&s apptylng FRS 102 Updal Bulletkn 1 not lo prepare a Statement of Cash Flw. The financlal 8tstements have departed from the Ch•ribes (Axwnts •nd R•portsl R•w1•bO￿ 2008 onty lo the extent required to proMd• a and falr V*4V. Thrt departure has Inv￿Ved folh)wlng thè Statement of Recommended Practice for tharitbe5 apptying FRS 102 rath•r than th• v•r3lon of the Stat•m•nt of Rttomm•nd•d Practice whK*18 referred lo In the Re9uL4tions but ￿thIch has Slnco boon wlthdrawn. Th• lknanclal Stateme￿ arn yepwed kn stsding, i• the fimctitin•l Lwrrency of the Ch*rity. Monetiry •mounts In Ihe8e fflnanclal ¥lat•mwts aT• roundvAI to th• nwe81 L The frbancw 8tstem•nts h•ve been prepared under the hMtoriMI w•t rymv¢ntion. rr￿th•d to t reV￿￿allOn of freehokl prop•rtl88 and to irdudo Inv•strnent Yope￿"eS ￿ts1Th ffin•no41 in8trumenli al tair value. prinrApd accounliry p)Wes adopt•d are sat out bdow. 1.2 Golng c¢n¢•rn Al th• lime ol Ap￿n9 th• firwKlal slatements, Ihe TNstee8 h•¥e • re￿)￿ble expect•tk•n that t Charity has adequgle rp¥oufco3 to continue in operatsonJ &xl$lence for the ft*reseeable fvlure. Thus the TN$t•os ¢onlinue to adopt the goiryj ￿n¢effl b•w• ol acc4wntry ￿ preparing the finandal statements. 1.3 Ch•fft•bl• fund• Unre$lrict•d fvnds are aVaIlab￿ for use at the dlx¥otion of Ihe Tru&tee8 In furthernnce ol thelr charltable objectives. Ros￿(18d funds arn Bubject to condillons doM •8 to hrm they may ￿ uaed. The purFNe8 and uses of th• restricted funds are 8el c*Jt In Ihts rthès lo the fin￿181 statements. Er¥JovMent fvrKl• arn $t*iect lo Spedfic ¢onditIO￿ by donor5 that the ￿18t be maintained ty the Cha￿ty. 1.4 Incomè In¢ome 1$ re¢ognised ￿en the Charity is entitled to it after any perfO￿arKe condlti¢Jns hav• been mel. thé arThJunts can be meawred reliaNy, and rt 1$ probable that Ir￿ome ￿111 be receNed. Cash donations are recogni¥ed on receipL Other donatwm are recfy3nised cnce the Charity ha$ been notffiod of the donalon. perfwm¥nce wndTtions require deferral of the gmount. Incom& tsx recoverable in rèlatAin to I￿at￿3n8 received under Gift Aid crf d•eds of ¢L￿er￿n1 18 recognised at the lime of the donallon. Legaues are recognised on re￿￿ or otrenNise rf the Chaiity has been notified of an Irr￿nding distr6butyon. the amount ig kThM, arKI receipt is expected. If the amount is not kncvm, the l•ga¢y ffj Ireated a¥ a contingenl asset. JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Ac¢ountlng pollcles (cu￿rn 1.5 Exp•nthlu Liabilitieg are recowised a5 expenL*lure as soon as there Is a legal or constructive obllgation commitbng the charty to that expenditure. it 18 prc4>able that a transfer of ttonomic beneffts WUI be required in settlemenl arKI the arrKJunt of the obligalKJn Can be measured rellably. Expenditure Is accounted for on an accru￿8 basis and has been da$$Trled under headwNs that aggfegate all cost related lo the category. ￿There costs cannot be directy attributed lo Pai￿¢￿10r treading$ they have been alloca￿￿ to aclv61105 on a basis consistent wilh the use of re%x 1.6 C•*h •nd c•Nh ••fv•l•Dts Ca8h and cash equIva￿rrtJ indude cash in hand. deposts hekl at ￿11 banks, other short-lem) liquid Inv08trn•nts vAlh oiiginal malurbties of three month8 or le88. and bank o¥erdraftts. Bank overdrafts are shown wlthin borro￿ in current Ivablibes. 1.7 Flmnclal In•trumw Tho Charlty has elected to appty the provisions of SedK•n 11 '8asic Finaro81 In•twments' and Section 12 'Ol￿r Financial Instrum•nts18•u•8' of FRS 102 to of it¥ finwKK•l ￿￿truMents. Financid instruments 8re recogni#ed in thè Charfty's bal¥￿ tho•t the Charity l)ecorn￿ paty lo the contractual wovisiong ol Ihg inStrurrv4nl. Flnancia 88uts and liatiilrfles arn off￿t. tAilh tho net amounts presented in the ffinanchl statem￿1￿, when there 18 a legalty enfC*c0*￿ rbghl to set off the recognised amounts and thue 18 an intenlicn to on o nel b••i$ or to reali¥¢ th• au•t arnl 8etd• the I￿thty slmjllan•￿IIy. Bu1¢ fln•n¢l•l •u•ts Basic finanual a88ets, *thi¢h Irdud& debtorn and cash and bank balan￿5. arn In5ttalty moasurnd at transaction price includirvJ trinsath'on Msts and are $ubwuenty corr6ed at amcrtlged cost u$ln9 the ffathv8 inl•r•si method urth$ the arr•ngement ccfflstitute8 a finarKxng transact￿n. where the tran59CtSon 13 measured al the presont valu• of tho futurn receipts di4￿unted at a market rate of ifitereit. Finan¢i*l assets claisified 4¥ rx•lvable *ltNn one year are not ￿￿rtIsed. Bulc financlal M•blllll•s 8a$i¢ financial liabil￿.e$. induding credrtors and bank 108n$ are init￿ty recowl￿d al Iransartlon prko unless thé arrangemerrt coMtrtutes a financing transaction. *there the debt instrument ly meayured at Ihe present vdue ol tho futwe paymerrts discounted at a market rale of intere$L Firon¢ial liakn'l￿.es da$8iffied 08 payable vthin on¢ ye¥ we ￿1 amorti￿d. Debt in8trunents are subwuenty urried al an￿th$ed co8( U￿n9 th• effectfvè irterest rate mèthod. Trade creditors are ot4igal'on5 to pay for goods or that have been acquiod In the onlinary ￿ul$e of operalion$ frem Sup￿*1$. Amwnts payable are cla55ified as current Ilabllmies W payment Is du8 wrthkn one year or less. If not, they are presented a$ nonoirrent liatdlitiEJ. Trade credrtors are recognised inilialy at trfjnsaclon prke and 8ubwu•nly tYw8ured at ￿101￿"￿ed cost usThJ the effe<*'¥e interest mellhgd. D•Mcognilion of financialliabilib•s Fin•n¢ial 1k*b￿rtiets are thFEcrynised vthen the Charity's contradual oblbJati'on¥ wire or are di¥chargod or cancelled. JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Aceounling polic1•¥ Icontlnu•d 1.8 Employ•• bonvffl The cost of any ￿Used holwjay enliuement 1$ recogn*d in the period in th• •mployeo's serbices are reCe￿ed. Temiinatim teneflts are recognised Immèdlat* as an expense vthen Ihe Charity is d￿or￿trablY committed lo temiKwte the emF4oymenl of an emF4oyee or lo prowde tern1r￿lI0n ￿n•￿ts. 1.9 Rotlmmont ￿n•fft¥ Payments to defined conlr*th r•tr•m•nl benofft 8ch•me$ art tharyd K an expense as they fall due. Crltlc•l •¢¢ountlng Mtlmat•• and Judg•m•nts In the aFplicabon of Ihe Charty'$ accounkn.ng pc4icies, the TTUStW8 a￿ reqLllred to make judgements. e8tlmates and assumptlons about the urying amount of assets and l￿bIllIeS that are not rèadity gpparenl from other SLwr¢e$. Tho èsllmatès arKI assouated assumption$ ar• based on hi$toital experi￿¢* and other fxtor5 th•1 •rn ¢cmidered to be rel￿•￿ Adual re8Urt8 may differ frorn these eslim•les. The ￿￿'mateS ar•J LmdertyirvJ •MUmpI￿n$ 4re re¥￿*￿d i)n ￿ ongolng ba￿$. R•vl8lon8 to xcountlng egfjma1è8 are rècegrn￿d in the period in v*hi¢h the eslim8te 1$ revised %there the reViS￿n wffect5 only that pthod, or In the porknd of th• and fi￿re peritsJ8 the reviwon affects both curyenl and future penod8. Don*tloM and l•gacb•s Tot•1 Unl￿tilLIed R￿t￿cted fwd¥ Total fvnd• 2021 2021 2021 2020 2020 2020 Donations •rKI gi 220.387 11.593 231.980 177.291 18,450 195.741 10- JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2021 Charltable actlvltles Trndlng Tradlng A¢ll¥ltlK Actlvlllos 2021 2020 Pwochi81 Fee Income Car Park Rental Incom• Room Hire Income 4.430 6,895 1,165 10,094 1,105 12.490 12,148 Analy81s by lund Unrestn'cted furKIs Re3thcted knds 10,587 1,903 12.146 12.490 12,146 Oth•r In¢om• Tgtsl T¢)tsl fvnd• 2021 2021 2021 2020 ot￿r Income 26,792 36.086 The other Income relates to the funth irtroduced by the acquisitw of the St Stephem Church Into the charlty IrMi8tm•nts ftM￿ct•d Totsl 2021 2020 Interest recelvable 11 JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 charl1ab￿ activltl•s C￿111•blO Charltsbl• Actlvtti•8 Acllvltl•s 2021 2020 staff costs Staffing Costs. CW Exper Staffing Cosl$- Tralnlng Staffin9 Cost8- Olher Furlough Scheme <>gnts Groups & Meeting5 BuildiNJs. Finanee & Admristr•tion Dio¢eun Payments Supported OrganlsatSons Charftablè AcV¥lYes 65.273 8.014 2,434 {1,7731 17721 6.643 46.003 72,500 32,290 12,888 59.189 2.987 25.916 68,095 24,073 17,993 241,498 198,2S3 Sh•r¢ of govemanc¢ costs r•)te 8) 1.540 1.440 243.038 199,693 An*ty¥l• by fund Unrestricted lunds Restn"L#éd fvnd8 216.634 26,404 181,700 17,993 243,036 199.693 support ¢••ts 2021 2020 co•1• cojts Examlnerg lee8 1,540 1.540 1.440 Analysed be￿ryen CharilatAe acts'Mb"e$ 1,540 1,440 1,440 G0￿marKe costs wKlude8 payments to thè examixrB of£1.54012020: £1,440) for examination f￿8. 12- JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY NOTES TO THE FINANCIAL STATEMEKrs IcoKriNUED) FOR THE YEAR ENDED 31 DECEAIBER 2021 Tru5t••s TrvJto• v•mun•rntlon and b•n•fits J•ff Smalles office administrator and Joirt CounL* Trga5UT8f in 2021 rKorv•d £2,839 and received no pen$ion contsibubons. The Clergy re¢ep4ed in tot* £6,013 in txpensÈ&, DavKI H•mmorbd w•1 paid £3.600. Sarah Ashdby £1,563 * Ann Pea¢hey £850. Ar¥) Peachey was paid by the Dio¢e8e but Ihe Jdnt Councll pald £10,000 to the tho¢ese for her stipend. No 01h￿ member of the Joint Council re￿1ved ony remuneration. •ither directy or irthecty. Tr￿t•￿' •xp•M Thèm no t￿￿￿61, expenqe$ ￿ld for ts ye¥ to 31 De￿ftknr 2021, rw for the year to 31 Dx•mb•r 2020. 10 Employ• The average monthty ￿m￿r ol•ntyoy••8 duri)g th• yw was.. 2021 Mumb•r 2020 Nwnb•r Employm•nl ¢o•ts 2021 2020 and ¥al8ri•¥ Social ￿curity ¢osl$ Other pension co 80.970 2.320 1,983 55.851 1,603 1,735 65,273 59,189 11 D•btorn 2021 2020 Amounts falllng du• *lthln on• y••r: Trade debtors ot￿r deblcfs Prepaym•nts and aCuL￿d Income 91 9.648 1,338 1,926 8.250 475 11,077 10,851 13- JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2021 12 Crndltorn: amowts tslling *ithin on• ymr 20 2020 1,242 2,496 11.760 1,928 Accruals and deferred income 3.738 13.688 14- for*¢0 ¥% JOINT COUNCIL OF THE BRIDGE BENEFICE. COVENTRY NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2021 14 D•sl9nat•d fund• The incom• fiJnd8 of the tharity Irdude the fo1￿7n9 de*gn¥ted vknith have l)een get 98lde out of unre8th.cted by the tN8tee8 for PU￿058*.. IAov•m•nt In fvnd• 8•knn¢• •¢ R••I￿re•l B•b*K• •t •xp•rrtl•d1 ￿￿•ry 2021 •xpM&d J1 D•¢•fflb•r 2Q 1 Jlnuwy 2020 Bulldlng R•palr Fund 42.278 1,850 {4,080) (3.867) 38.181 42.278 1.8SO (4.080) (3.887) 36,181 16 An*ty•h of n•t ••••ts b•tth￿ fundB Totsl Unrestricted Reslrfcted funds fund$ 2020 2020 Total nd• 2021 fund• 2021 2021 2020 Fund balances a131 December 20218re r•pre8Mled by.. Cuffenl a$$•t Iliablllllèsl 100,014 28.215 128.229 78.797 11.616 90,443 100,014 28.216 128.229 78.797 11.646 90.443 16 R•htsd yrty tran•xllon• There **re no dBdosatile rel•led p•rty ￿￿cl10n5 durkng tho yo•r12020. rKJn•l. 16- Charlty R•y'str4tion No. 1129017 JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY LEGAL AND ADMINISTRATIVE INFORMATION D HamnxKKI J F￿naIle5 T HIG￿r￿ttOrn M Jermyn J Martin L Dawlon A Peac S Ashe A Maltsr J Sayer M Robinson {Appolnt¢d 5 October 20211 Ch•rfty nunl>•r 1129017 Ind•p•nd•nt •x•mln•r A2ets A￿Irt SeM¢es 3Mc Mid¢Aemarch Busln•s¥ Par* Siikin Drivè Coventy st Mkllands Unlled Klwdom CV3 4FJ JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY CONTENTS )int Counc¥ report Independent ex#mintr3 rewt Statement of ffiancwl •cts¥its'es Balance 8h•et Note8 ID the ffinandal statemo 8-16 JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY JOINT COUNCIL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The Trusiees Pre￿nt theY report ¥*ith the ffinanual ￿￿ements of the clwity for thtt ￿ ended 31 1)e¢ember 2021. The ffinancial statements have been prepared in accordartt *ith the ac¢ounling sel out in note 1 to tho finanoal $tslements and coM￿Y tr* Chantys govemirwj ¢Jo>Jment. the Charilies Act 2011 and 'AccountirwJ ar¥J Reporting by Chaith•$". Slatery￿1 of Re¢￿￿Mend?d Prxtice applicable to ch•rit*s eparirg th￿r account5 In accordance the Financial Reporti'ng Slwthtd a￿￿'cable in the UK and Republic of Ireland IFRS 1021 leffedlve 1 January 20191" ObJ•¢I1￿ and actlvlll•• ObJ•th•s and Almj The Primary objective of the Joint Council is to ￿-operate with tr* minister kn wolng In th• parfsh th• v*l)ole mi$¥ion of the ¢hurth,' p••loral. ev•ngehsb'¢, so¢HI and ecuw*nK•l. The Jolnt Councll •xc•rd8•s all th• fur£tion$ of Ih• PCC'S of th• of •rd Canl•y, went Into abeyance W￿Th the Jtyjnt Ctyjndl was crèatéd. Publlc B•n•fit The Jolnl Coundl have had due reg¥d to guidane• publslwd by IM commkn1t￿ on publlc b￿Offi d ￿nSIder that the chanty comphes Y•th the rewirements Volunt••rn The Joint Councl, woukl Ike lo thank al staff. ¥c4unte•r¥ 8upp)rtern. t￿tth￿l efforts the V￿rk of Ihe chaiity w)uld not be JOINT COUNCIL OF THE BRIDGE BENEFICE. COVENTRY JOINT COUNCIL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2021 A¢hl•v•m•nts and p•rform•rt• C￿r￿•b￿ •ctlvltl The Jort Counul of the Bn'dge 8enekn. Co¥*ty hay nu4V been n operation fi)r 13 months. Th• Charity Commission has sarthxed that the exisb.ng chanty regi51rntk)n of Sl John's can be rewnamed the 'Th8 B￿dge Benefice Coventy, Whilst keepirvj the existiry chanty wnknr. The accounts ol the two Parishes of St John's W•sMwd and Sl Stephen's Car￿Y V+Ere transferred to the Joint Council ¢)n 1 st January 2021 and thls L8 the first report rf the ¢on**ined a¢￿un￿. The L%¥mpari50ns we ogoin¥t th 2021 Budget rather than p￿or year. as thè piior yéar data is for St John's only. Th• no￿ fomed B￿d9t BenefKe w*# in swplus by £37,786. tri¥ frthwver. IndLths • oTh￿ff tranJf•r of cash from St Stephen's of £36,086. $0 on a going yew basiy the ¥urplus was £1,700. Ounng 2021 th• COVID vlrus outbreak continued lo have a signrfKant inya¢t on the day4fyday operauon ol the three bgses of The Bridge, namely Sl John's ￿$t￿l)0d. St Stephen's Canley and Tririty Burton Green. Ther• . Th•r• VAS a lockdo￿ al lh¢ Itart 012021 ¢oupl8d r•8trklons arowd m•efjny together in the chur¢h ￿)ild1r¥, as as Vi each other'3 IK￿￿8 impacted ¢>n actiwty of th• church vAth 4 8ub$equenl kn¢xk4>n effed on bolh tre wKome arrtl exFw￿itWe. In ￿MParIs9n to the forecast budget income the folkthing [*￿e8 oKufTed'. - Planned gi￿n9 was £176,627 vthlch tfvrds £3,127 •bove bL* Gift Aid at £43,161 was also above budget by £4,661 Cash giving at serwce¥ dropped lo onty £359. £2.147 bdow Wel Trading a¢bvrties of Ocusion￿ Offices, room hir• and Car park rontsl, totalod £10,587, £87 ahead ol Iholr combinod budg¢1 Overall In￿￿• al £244,470, was £19.470 of planned bLty irKom•, thch i• a t•8t•m&nt to the c¢)mmilmenl of the members of th• Bri¢Jge beneffic•. In comparixfj to the forecast budget expendriure Ihe folrn•lng ¢hang¢s occurr•d: . The cost of paying $taff wa$ £65.273- ￿10￿ thè budpt by E11.727, drfven by hlre• •twbrvJ l•l•r than foro¢asl. . There amount of fixlough Incorrn of£772- tr* &•nef w•¥ futh>ughod in lockdown•. Thtrre wa$ virtualy no income from slaff charge out. Iu8t £80 other staff costs were £3,496 bel)w budgeL oups arKI meetings expenditure was £6,643 - meelir8$ lust dd rK*t hapw. Th• budpt w81 £16,850. 80 an und•rsp•nd 01£10.207 Spend on tsildngs, equ￿1￿ etc was £46.003. 1)¥•r the budw of £40.650 by £5,353 Parish Share wa$ as ￿Onne￿ at £72,500 Gift8 10 8UPPOrted org￿lS¥thin9 was £32.290 o¥er budyt of £27.070 by £5,220 (heram expendliur• vrds £243,038, vefSU$ a budget of £245.500 Overall, this re$uAed in a surplu5 of £37,786 in 2021. Thus, finan¢e$ of The Bridge Benefice are fft a strwr ￿￿ban 8t th? erKI of 2021 wtth unre$ln"¢ted funds of £63.833. repres•ntw¥ of the IwT)o¥er In 2021 li •bts￿ the targèt range of 10% to 15%. JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY JoIKr COUNCIL REPORT (cO￿riNUED> FOR THE YEAR ENDED 31 DECEMBER 2021 TD grow the cl￿tinuIng vnk af the clMw¢h. hope lo (kn. tht r*eed Io VK¢urage further Inw8es in regular giwng The buildings at both St st￿n.3 and St John'8 require investment At St John's the outcome of the 2020 Quinquennial in8pBcODn wll req￿re major Inve8tmnl in th• fabrlc of the church bulldSng, initlalty a new Ilat rcof {estimated c£60.0￿J) folbmd before 2025 of new roof lor the main church ￿lding plus assocth addryon5. This 15 yet to bè co$ted bul likdy to be over £400.￿0. F￿d3 set ayde already to pay Some of the cos( wè 8T• invesbgab'ng possi￿.1￿e$ fof r•ceiving GranlAid. for Ihe th￿Ik. At st Stephen's an Initia ¢onsultaUon has taken place ¢)n thè F￿$$Iblty of wilh the Canley Communlty Centre to build a nthv building t**i¢h is both • cthur¢h arKI 8 ￿rnnK￿ty rxntre. Further preporatory work vJmw*nce in 2022. There has been inveslment m* in new staff in 2021, the Bridge Benèfice has Te¢xu(ted Sarah Packwood as Operab'ons Manager- January 2021 Tat•nda Munzara as sludfjnt and comnwnution offic8r- Juty 2021 Ison Fry as Chlldren's Dlscipleship Enabler St John's~ O¢aober 2021 Anno Martin as Chihjren'g Di3¢sF4eth'p Enther St Stephen's- J•rwry 2022 Ro3 Ginn replaced Jeff Smalles a$Administrator al St John'$- Jarwary 2022 Gotts gèmroslty and bles8rnp we again raeogr￿Sed by the Jolnt CourKM 48 He ¢￿InueS to gruw H8 Nbtjrk, and we conts'nue lo seek His wll to futher d•v•lop and gmw HI$ klrydom throu9h HIS thurche¥ Sl John's Wesl*wl, Sl Stsphn'¥ Canley Trirwty Gr¢¢n. FINn¢l•l r•vl•vJ Tho charrty has a r•8er¥e8 polty lo malnlth r•MrvM to a IMI *th•re ad•quat• wor￿n9 c•ptt•l i• available, bLrt not to alkm exces$ive re￿r¥ets being mairrtained or for funds to go into deficit. The total amount ol T8￿rVeS held at the year end aff￿Unt¢d to £100,014. The results for lh• year arn show￿ in the Sl•tom•nt ol ￿nar￿al Actmlles. arKI the Tru9tees conelder the re8uns to be better than •xpecled. esperyalty V￿th lh• ￿ndeMiC. The yew*nd P)th'C￿ is shown in thè balance *h•trt The Tru¥lgey h9$ oygeysed the major rfyk8 to ￿thIch tlw •rn exp￿d, •rKI •* #•l1sf￿d that systems arn place lo mits'gate *xpo$ure lo the major risks. JOINT COUNCIL OF THE BRIDGE BENEFICE. COVENTRY JOINT COUNCIL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2021 Struc￿r•. go¥•mance and manwnenl Gov•ming Docum•nt The Jc4nt Councll's goveming documents are the Parothial Church Councils IPcAver8) Mea¥ure 1958. a# amended, and the Church Representstion RLde arn Conf¥r￿ hl Sdwlul8 3 to th• Synodi¢al Govemmenl Measure 1969, as amerKledl. A scheme made In Noverthr 2020 under section M38 ofthe Church Representab"on Rules modfified how the Rules appty kn tho Brldgè BèMfic• *MI cmatbd Ihè Joint Council. The Tntst•è8 wvad duthg th# yw and ￿ io Ihe dats of•lgnatLre ofltr• ffin•ncial staternnts vnre: D Hammond J Smalles T Hickinbottom M Jemiyn J Ma￿n L Daw3on A Peachey S Ashelby E Robinson A Mahtani J Flnlayson A Smnh J Sayor M Roblnson IRMign•d 23 May 20211 IR••lgned 23 M•y 2021) {Apptynl•d S O¢tober 20211 R•cruilmont arKI appolntm•nl of n•wIr￿t The mmborship of th• Jolnl CounrAI is by th• Clwxth Representation R￿. 18 modified ty Ih? 2020 •ch•m•. Oryanhatlonil 8tructhr• Deci￿on8 made in form￿ j￿nI CourKI meetlng8 are communkaled Io 8taff perfNm dIr￿t and administratrve rol¢$ ovew¢n by th• Jrynt cou￿11. Comm•nc•ffl•nt of Actl¥lll•s The charity rewslered the Charity Commission on 6th Awl 2009. 4>proved by uder ollh¢ tyJard ￿ tho Jtinl Courxil <￿ 61hAwl 2022 *ned on itj bowl by. Mr D Hammond Ilr J Sm•ll•• JOINT COUNCIL OF THE BRIDGE BENEFICE. COVENTRY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY I report to the TW3t￿9 on my •xwr&nation af ￿ finan¢ial stal•m•nls of Joinl Councl of Th• Wde 8￿fiCe, Coventy for the year erKled 31 Dwiber 2021. R••ponsibiliti•s and buis of r•port As IM Trusteè$ of the Charity yw we Yesponsth fry Ihe pwarabon of the ￿ancial Statements in accordance wlh the requirements of the chaiiti.es Act 2011 (the 2011 Act). I report In respect of rny examI￿ty0n ol tho Charity's flnancial staknenls carri8d oul undw 8action 145 of the 2011 Ad. In carryéng out my èxamlnatton I have fob)￿1 all t￿ applicablè Direth'ons glvén by thé Charity Corrniisii(￿ under 8•¢tW￿ 145{51{bl of the 2011 Ac Ind•p•nd•nt •Mmln•rfs •t•t•m•nt Sin¢• th• Charity's wo$$ w)¢ome exceeded £250,000 yow examtner must be a member of a body Ilsled in sodlon 145 of th• 2011 Act. l ￿nfim7 that l am qU￿rf*d to undertake the examinat￿ btta￿e l am m&M￿r OIACA. v￿chIl on• ofth• Ilthd tsodi￿. Your attentK>n 1$ drown lo lh• tscl tho1 the tharity has prepar•d fin8nd4 *al•m•nts In accudaru A¢courfng and Repo￿n9 by Charittes preparing their *Kco￿t$ In ac¢>Jrdp&rk with the Finan(yal Reportlng standard applicable in the UK and Republic of Ireland IFRS 102) In Pref•t&￿ to t￿ A¢¢ount*ig ar Reporting by CttarrtieJ'. Statement of Recommended Pr*aic• i¥w•d Qn 1 April 2005 i¥ r•f•rr•d to in Ihe extant regula￿an￿ but has now be•n vdthdravm. l understand that thi* has been in Ixder for th•ndal st•tstY￿ts to probtyde a tru• and falr view In •ccordan¢e vth General￿ Accepted Aceounting Pracljce effectNe frjr reporting wriod¥ te9inning on Dr after 1 January 2015. I have ¢ompleled my exaM1r￿1￿n. l eonfim Ihat M mattérs havo comè to my attèntK>n In conn•ction the eXaMinat￿n 9￿ing me caLMe lo believe that in ony molerial r••p•rt accounting records w•r¢ nol kept In re$pe¢l of the Chonty a$ required by 130 of the 2011 Act,. the financ1818tateme￿s do not accord *llh th08e recordj,. or the finandal statements do not comth viti the applKabb8 r•quY•m•nts cor￿mIng th• fomi •nd content of accounts set out In the Chwitie8 IAcc*yJnts &)d Rep￿ts> Rtyul8tlons 2008 othor than any requirernenl that the accounts give a and fair view wthich 1$ not a matter c￿9￿1￿red 05 port of an Ind•pnd•nt •x¥ranakn. I have rK+ conc¢rn$ and ha¥e come other mattern kn c¢)nn•dlon èxamination lo whth •ttenlitin should be drawn report in tsrderto undeT¥landing of the flnancid statwients to be reach￿. Rob•rtAnderson FCA z81s Audit Servi￿$ 3Mc Mlddlemarch Bullr￿8$ Park Slskln Drfve Coventry IA*$t Midlands CV3 4FJ United lfjngdom *0£2 JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDrruRE Accoumr FOR THE YEAR ENDED 31 DECEMBER 2021 Total Unrestsictèd Restrf¢*d Jnds Total fundB 2021 2021 2021 2020 2020 2020 Donations and lega¢ies charitab￿ a¢tivits Other Incoff Inv•8tsner 220,387 10,587 9.294 11.593 1,903 26.792 231,980 12.490 36,086 177.291 12,146 18.450 195.741 12,146 Total Inconv4 240,268 40.556 280,824 189.437 18.4SO 207.867 Charitable acti¥llles 216.634 26.404 243.038 181.700 17.993 199.693 N•t Incomlng rn•ourc•• b•fov• 23,634 14.152 37,786 7,737 457 8,194 Gross tran*for$ b•then fvnds (2.4171 2,417 {29,1121 129,112} N•t In¢om•ll•xp•ndltur•l for th• y•arl N•t M0￿m•nI ln fvnd• 21217 16.569 37,786 7,737 128,6551 {20,918} Fund balance8 at 1 J•nu8ry 2021 78.797 11.646 90,443 71.060 40,301 111,361 Fund balancu at 31 D•c•mb•r 2021 100,014 28.215 128,229 78,797 11,648 90,443 The $totOW￿nI offinanryal athties in¢kths all gains and Iosw4 r¢¢wised in the y•ar. JI income and exp¥KIrt￿e derive fr¢)m Conlinuing •¢li4rybes. JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY BALANCE SHEET AS AT31 DECEMBER 2021 2021 2020 Current a**•ts Debtors Cash al bank and In haThl 11 11.ori 120.890 10,651 93.480 131.967 104.131 Crtdltorn: *mO￿tr falllng du• Thlthln on• ymr 12 13.7381 (13.688) Net currnnt a$￿ts 128.229 90,443 In¢om• I￿)dI Re6tri¢t•d fvnd• 1J 28,215 11,646 Deslgnatsd lund8 Generd unrèstrfctsd fundi 14 36.181 63,833 40,048 38.749 100,014 78,797 128.229 90,443 Tho)In8nrial ststsn*nls vmre 4)pnw•J ty ths Th￿tIeS M..,S ATr...1.. 202 Mr D Hamm(nd Tru*t•• Smamos JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2021 A¢counOng poll¢l•s Ch•rlty knforniallon Jolnl Coundl olTr* 8r*e Benefice. Covth Is an ￿InCOl￿ated tharity regi#er&J in EThJkrK 1.1 Ac¢ounOng ¢onv•ntlon The financial statements have t*en wepared in 8ccordanca ￿1th tha Charty's tgovwnir¥J docLun•nti, th Charities Act 2011 and 'A¢¢oLv)b'ng and RepLYt"ng by charit￿.. Statement of Recomlnended Pradce appI￿able lo charities preparing their accounts in ac¢ordarKe tmih the FinwKKg1 Repo￿.￿9 Stsndord applKable in the UK and RepublK of Ireland IFRS 1021 leffecli¥e 1 Januwy 20191.. The Clwity is a Public Benefft Entlty as defined ty FRS 102. Th• Charity has taken ad¥￿tage of th• prwwons In the SORP for charltb&s apptylng FRS 102 Updal Bulletkn 1 not lo prepare a Statement of Cash Flw. The financlal 8tstements have departed from the Ch•ribes (Axwnts •nd R•portsl R•w1•bO￿ 2008 onty lo the extent required to proMd• a and falr V*4V. Thrt departure has Inv￿Ved folh)wlng thè Statement of Recommended Practice for tharitbe5 apptying FRS 102 rath•r than th• v•r3lon of the Stat•m•nt of Rttomm•nd•d Practice whK*18 referred lo In the Re9uL4tions but ￿thIch has Slnco boon wlthdrawn. Th• lknanclal Stateme￿ arn yepwed kn stsding, i• the fimctitin•l Lwrrency of the Ch*rity. Monetiry •mounts In Ihe8e fflnanclal ¥lat•mwts aT• roundvAI to th• nwe81 L The frbancw 8tstem•nts h•ve been prepared under the hMtoriMI w•t rymv¢ntion. rr￿th•d to t reV￿￿allOn of freehokl prop•rtl88 and to irdudo Inv•strnent Yope￿"eS ￿ts1Th ffin•no41 in8trumenli al tair value. prinrApd accounliry p)Wes adopt•d are sat out bdow. 1.2 Golng c¢n¢•rn Al th• lime ol Ap￿n9 th• firwKlal slatements, Ihe TNstee8 h•¥e • re￿)￿ble expect•tk•n that t Charity has adequgle rp¥oufco3 to continue in operatsonJ &xl$lence for the ft*reseeable fvlure. Thus the TN$t•os ¢onlinue to adopt the goiryj ￿n¢effl b•w• ol acc4wntry ￿ preparing the finandal statements. 1.3 Ch•fft•bl• fund• Unre$lrict•d fvnds are aVaIlab￿ for use at the dlx¥otion of Ihe Tru&tee8 In furthernnce ol thelr charltable objectives. Ros￿(18d funds arn Bubject to condillons doM •8 to hrm they may ￿ uaed. The purFNe8 and uses of th• restricted funds are 8el c*Jt In Ihts rthès lo the fin￿181 statements. Er¥JovMent fvrKl• arn $t*iect lo Spedfic ¢onditIO￿ by donor5 that the ￿18t be maintained ty the Cha￿ty. 1.4 Incomè In¢ome 1$ re¢ognised ￿en the Charity is entitled to it after any perfO￿arKe condlti¢Jns hav• been mel. thé arThJunts can be meawred reliaNy, and rt 1$ probable that Ir￿ome ￿111 be receNed. Cash donations are recogni¥ed on receipL Other donatwm are recfy3nised cnce the Charity ha$ been notffiod of the donalon. perfwm¥nce wndTtions require deferral of the gmount. Incom& tsx recoverable in rèlatAin to I￿at￿3n8 received under Gift Aid crf d•eds of ¢L￿er￿n1 18 recognised at the lime of the donallon. Legaues are recognised on re￿￿ or otrenNise rf the Chaiity has been notified of an Irr￿nding distr6butyon. the amount ig kThM, arKI receipt is expected. If the amount is not kncvm, the l•ga¢y ffj Ireated a¥ a contingenl asset. JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Ac¢ountlng pollcles (cu￿rn 1.5 Exp•nthlu Liabilitieg are recowised a5 expenL*lure as soon as there Is a legal or constructive obllgation commitbng the charty to that expenditure. it 18 prc4>able that a transfer of ttonomic beneffts WUI be required in settlemenl arKI the arrKJunt of the obligalKJn Can be measured rellably. Expenditure Is accounted for on an accru￿8 basis and has been da$$Trled under headwNs that aggfegate all cost related lo the category. ￿There costs cannot be directy attributed lo Pai￿¢￿10r treading$ they have been alloca￿￿ to aclv61105 on a basis consistent wilh the use of re%x 1.6 C•*h •nd c•Nh ••fv•l•Dts Ca8h and cash equIva￿rrtJ indude cash in hand. deposts hekl at ￿11 banks, other short-lem) liquid Inv08trn•nts vAlh oiiginal malurbties of three month8 or le88. and bank o¥erdraftts. Bank overdrafts are shown wlthin borro￿ in current Ivablibes. 1.7 Flmnclal In•trumw Tho Charlty has elected to appty the provisions of SedK•n 11 '8asic Finaro81 In•twments' and Section 12 'Ol￿r Financial Instrum•nts18•u•8' of FRS 102 to of it¥ finwKK•l ￿￿truMents. Financid instruments 8re recogni#ed in thè Charfty's bal¥￿ tho•t the Charity l)ecorn￿ paty lo the contractual wovisiong ol Ihg inStrurrv4nl. Flnancia 88uts and liatiilrfles arn off￿t. tAilh tho net amounts presented in the ffinanchl statem￿1￿, when there 18 a legalty enfC*c0*￿ rbghl to set off the recognised amounts and thue 18 an intenlicn to on o nel b••i$ or to reali¥¢ th• au•t arnl 8etd• the I￿thty slmjllan•￿IIy. Bu1¢ fln•n¢l•l •u•ts Basic finanual a88ets, *thi¢h Irdud& debtorn and cash and bank balan￿5. arn In5ttalty moasurnd at transaction price includirvJ trinsath'on Msts and are $ubwuenty corr6ed at amcrtlged cost u$ln9 the ffathv8 inl•r•si method urth$ the arr•ngement ccfflstitute8 a finarKxng transact￿n. where the tran59CtSon 13 measured al the presont valu• of tho futurn receipts di4￿unted at a market rate of ifitereit. Finan¢i*l assets claisified 4¥ rx•lvable *ltNn one year are not ￿￿rtIsed. Bulc financlal M•blllll•s 8a$i¢ financial liabil￿.e$. induding credrtors and bank 108n$ are init￿ty recowl￿d al Iransartlon prko unless thé arrangemerrt coMtrtutes a financing transaction. *there the debt instrument ly meayured at Ihe present vdue ol tho futwe paymerrts discounted at a market rale of intere$L Firon¢ial liakn'l￿.es da$8iffied 08 payable vthin on¢ ye¥ we ￿1 amorti￿d. Debt in8trunents are subwuenty urried al an￿th$ed co8( U￿n9 th• effectfvè irterest rate mèthod. Trade creditors are ot4igal'on5 to pay for goods or that have been acquiod In the onlinary ￿ul$e of operalion$ frem Sup￿*1$. Amwnts payable are cla55ified as current Ilabllmies W payment Is du8 wrthkn one year or less. If not, they are presented a$ nonoirrent liatdlitiEJ. Trade credrtors are recognised inilialy at trfjnsaclon prke and 8ubwu•nly tYw8ured at ￿101￿"￿ed cost usThJ the effe<*'¥e interest mellhgd. D•Mcognilion of financialliabilib•s Fin•n¢ial 1k*b￿rtiets are thFEcrynised vthen the Charity's contradual oblbJati'on¥ wire or are di¥chargod or cancelled. JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Aceounling polic1•¥ Icontlnu•d 1.8 Employ•• bonvffl The cost of any ￿Used holwjay enliuement 1$ recogn*d in the period in th• •mployeo's serbices are reCe￿ed. Temiinatim teneflts are recognised Immèdlat* as an expense vthen Ihe Charity is d￿or￿trablY committed lo temiKwte the emF4oymenl of an emF4oyee or lo prowde tern1r￿lI0n ￿n•￿ts. 1.9 Rotlmmont ￿n•fft¥ Payments to defined conlr*th r•tr•m•nl benofft 8ch•me$ art tharyd K an expense as they fall due. Crltlc•l •¢¢ountlng Mtlmat•• and Judg•m•nts In the aFplicabon of Ihe Charty'$ accounkn.ng pc4icies, the TTUStW8 a￿ reqLllred to make judgements. e8tlmates and assumptlons about the urying amount of assets and l￿bIllIeS that are not rèadity gpparenl from other SLwr¢e$. Tho èsllmatès arKI assouated assumption$ ar• based on hi$toital experi￿¢* and other fxtor5 th•1 •rn ¢cmidered to be rel￿•￿ Adual re8Urt8 may differ frorn these eslim•les. The ￿￿'mateS ar•J LmdertyirvJ •MUmpI￿n$ 4re re¥￿*￿d i)n ￿ ongolng ba￿$. R•vl8lon8 to xcountlng egfjma1è8 are rècegrn￿d in the period in v*hi¢h the eslim8te 1$ revised %there the reViS￿n wffect5 only that pthod, or In the porknd of th• and fi￿re peritsJ8 the reviwon affects both curyenl and future penod8. Don*tloM and l•gacb•s Tot•1 Unl￿tilLIed R￿t￿cted fwd¥ Total fvnd• 2021 2021 2021 2020 2020 2020 Donations •rKI gi 220.387 11.593 231.980 177.291 18,450 195.741 10- JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2021 Charltable actlvltles Trndlng Tradlng A¢ll¥ltlK Actlvlllos 2021 2020 Pwochi81 Fee Income Car Park Rental Incom• Room Hire Income 4.430 6,895 1,165 10,094 1,105 12.490 12,148 Analy81s by lund Unrestn'cted furKIs Re3thcted knds 10,587 1,903 12.146 12.490 12,146 Oth•r In¢om• Tgtsl T¢)tsl fvnd• 2021 2021 2021 2020 ot￿r Income 26,792 36.086 The other Income relates to the funth irtroduced by the acquisitw of the St Stephem Church Into the charlty IrMi8tm•nts ftM￿ct•d Totsl 2021 2020 Interest recelvable 11 JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 charl1ab￿ activltl•s C￿111•blO Charltsbl• Actlvtti•8 Acllvltl•s 2021 2020 staff costs Staffing Costs. CW Exper Staffing Cosl$- Tralnlng Staffin9 Cost8- Olher Furlough Scheme <>gnts Groups & Meeting5 BuildiNJs. Finanee & Admristr•tion Dio¢eun Payments Supported OrganlsatSons Charftablè AcV¥lYes 65.273 8.014 2,434 {1,7731 17721 6.643 46.003 72,500 32,290 12,888 59.189 2.987 25.916 68,095 24,073 17,993 241,498 198,2S3 Sh•r¢ of govemanc¢ costs r•)te 8) 1.540 1.440 243.038 199,693 An*ty¥l• by fund Unrestricted lunds Restn"L#éd fvnd8 216.634 26,404 181,700 17,993 243,036 199.693 support ¢••ts 2021 2020 co•1• cojts Examlnerg lee8 1,540 1.540 1.440 Analysed be￿ryen CharilatAe acts'Mb"e$ 1,540 1,440 1,440 G0￿marKe costs wKlude8 payments to thè examixrB of£1.54012020: £1,440) for examination f￿8. 12- JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY NOTES TO THE FINANCIAL STATEMEKrs IcoKriNUED) FOR THE YEAR ENDED 31 DECEAIBER 2021 Tru5t••s TrvJto• v•mun•rntlon and b•n•fits J•ff Smalles office administrator and Joirt CounL* Trga5UT8f in 2021 rKorv•d £2,839 and received no pen$ion contsibubons. The Clergy re¢ep4ed in tot* £6,013 in txpensÈ&, DavKI H•mmorbd w•1 paid £3.600. Sarah Ashdby £1,563 * Ann Pea¢hey £850. Ar¥) Peachey was paid by the Dio¢e8e but Ihe Jdnt Councll pald £10,000 to the tho¢ese for her stipend. No 01h￿ member of the Joint Council re￿1ved ony remuneration. •ither directy or irthecty. Tr￿t•￿' •xp•M Thèm no t￿￿￿61, expenqe$ ￿ld for ts ye¥ to 31 De￿ftknr 2021, rw for the year to 31 Dx•mb•r 2020. 10 Employ• The average monthty ￿m￿r ol•ntyoy••8 duri)g th• yw was.. 2021 Mumb•r 2020 Nwnb•r Employm•nl ¢o•ts 2021 2020 and ¥al8ri•¥ Social ￿curity ¢osl$ Other pension co 80.970 2.320 1,983 55.851 1,603 1,735 65,273 59,189 11 D•btorn 2021 2020 Amounts falllng du• *lthln on• y••r: Trade debtors ot￿r deblcfs Prepaym•nts and aCuL￿d Income 91 9.648 1,338 1,926 8.250 475 11,077 10,851 13- JOINT COUNCIL OF THE BRIDGE BENEFICE, COVENTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2021 12 Crndltorn: amowts tslling *ithin on• ymr 20 2020 1,242 2,496 11.760 1,928 Accruals and deferred income 3.738 13.688 14- for*¢0 ¥% JOINT COUNCIL OF THE BRIDGE BENEFICE. COVENTRY NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2021 14 D•sl9nat•d fund• The incom• fiJnd8 of the tharity Irdude the fo1￿7n9 de*gn¥ted vknith have l)een get 98lde out of unre8th.cted by the tN8tee8 for PU￿058*.. IAov•m•nt In fvnd• 8•knn¢• •¢ R••I￿re•l B•b*K• •t •xp•rrtl•d1 ￿￿•ry 2021 •xpM&d J1 D•¢•fflb•r 2Q 1 Jlnuwy 2020 Bulldlng R•palr Fund 42.278 1,850 {4,080) (3.867) 38.181 42.278 1.8SO (4.080) (3.887) 36,181 16 An*ty•h of n•t ••••ts b•tth￿ fundB Totsl Unrestricted Reslrfcted funds fund$ 2020 2020 Total nd• 2021 fund• 2021 2021 2020 Fund balances a131 December 20218re r•pre8Mled by.. Cuffenl a$$•t Iliablllllèsl 100,014 28.215 128.229 78.797 11.616 90,443 100,014 28.216 128.229 78.797 11.646 90.443 16 R•htsd yrty tran•xllon• There **re no dBdosatile rel•led p•rty ￿￿cl10n5 durkng tho yo•r12020. rKJn•l. 16-