2022-08-31-accounts

		Page
Report ofthe Trustees		1to 9
independent Examiner's	Report	10
Statement of Financial Activities		11to 12
Balance Sheet		13
Statement ofCash Flows		14
Notes to the Financial Statements		15to 24

~	The Tudor Club	~	a Punjabi	speaking club and luncheon	group
~	Seasons Art —a popular art class	~	the Sutton	Coldfield Wind Orchestra
~	a number ofchoirs and dance groups	~	a "Tiny Toik" baby signing group
~	"Moo"music and dancing for toddlers	~	a number	of counselling and support	groups

		Notes to		Designated
		the	General Fund	Funds	Restricted	Endowment	Total
		Accounts	(unrestricted)	(Unrestricted)	Funds	Funds	2022
			f	E	E	E	E
Income
Offerings			64,810				64,810
Legacies			97				97
Donations and grants			8,538		1,562		10,100
Gift aid			16,526		251		16,777
Interest and investment	income		715			163	878
income from investment	properties		9,540				9,540
Internal organisations			4.935				4,935
Other charitable income			54,813				54,813
Total income			159,974		1,813	163	161,950
Expenditure
Circuit assessment or share			64,309				64,309
Grants and donations			3,045				3,045
property maintenance			10,337		(1,867)		8,470
Insurance. Utilities etc.			34,976				34,976
Office expenses			7,081				7,081
Other expenditure			50,108		25	115	50,248
Internal organisations			4,057				4,057
Total charitable expenditure			173,913		(1,842)	115	172,186
(Losses)/gains on monetary
investments		10				(1,540)	(1,540)
Gains/(losses) on investment
properties
Net (expenditure) /income			(13,939)		3,655	(1,492)	(11,776)
Transfers between funds
Other gains/(losses)
Net movementin funds			(13,939)		3,655	(1,492)	(11,776)
Total funds brought forward		18	83,237	6,000	42,487	40,485	172,209
Total funds carried forward		18	69,298	6,000	46,142	38,993	160,433

		Notes to		Designated
		the	General Fund	Funds	Restricted	Endowment	Total
		ACCOUnta	(Unrestricted)	(Unrestricted)	Funds	Funds	2021
			f	f		f	f
Income
Offerings			53,185				53,185
Legacies			37,225				37,225
Donations and grants			5,118		2,223		7,341
Gift aid			12,121		321		12,442
Interest and investment	income		395				395
Income from investment	properties		8,745				8,745
Internal organisations			538				538
Other charitable income			25,168				25,168
Total income			142,495		2,544		145,039
Expenditure
Circuit assessment or share			63,048				63,048
Grants and donations			817				817
Property maintenance			7,222		5,062		12,284
Insurance. Utilities etc.			14,372				14,372
Office expenses			5,892				5,892
Other expenditure			26,999		20	73	27,092
Internal organisations			827				827
Total charitable expenditure			119,177		5,082	73	124,332
Gains/(losses) on monetary
investments		10				3,872	3,872
Gains/(losses) on investment
properties
Net income/(expenditure)			23,318		(2,538)	3,799	24,579
Transfers between funds
Other gains/(losses)
Net movementin funds			23,318		(2.538)	3,799	24,579
Total funds brought forward		18	59,919	6,000	45,025	36,686	147,630
Total funds carried forward		18	83,237	6,000	42,487	40,485	172,209

		Notes to		Designated
		the	General Fund	Funds	Restricted	Endowment	Total	Tote I
		accounts	(Unrestricted)	(unrestricted)	Funds	Funds	2022	2021
			f	f	f	f	f	f
Fixed Assets
Church buildmg and other property
Investment properties
Investments						38,993	38,993	40,485
Total Fixed	Assets					38,993	38,993	40,485
Current Assets
Debtors and prepayments		12	22,443		3,999		26,442	18,990
Loans by the Church
Investments with TMCP
Central Finance Board Deposits			16,814	6,000	15,000		37,814	101,649
Cash at Bank and in hand			31,839		27,143		58,982	19,479
Total Current	Assets		71,096	6,000	46,142		123,238	140,118
Current Liabilities
Creditors (due in under 1year)		15	1,798				1,798	8,394
Grants payable within 2021-22
Total Current Liabilities			1,798				1,798	8,394
Net Current Assets/(liabilities)			69,298	6,000	46,142		121,440	131,724
Long Term Liabilities
(due after more than one year)
Grants payable after 2021-22
Loans to the Church
Net	Assets		69,298	6,000	46,142	38,993	160,433	172209
Funds ofthe Church
General Fund (Unrestricted)		16.1	69,298				69,298	83,237
Designated Funds (Unrestricted)		16.2		6,000			6,000	6,000
Total Unrestricted	Funds		69,298	6,000			75,298	89,237
Restricted Funds		17			46,142		46,142	42,487
Endowment Funds		17				38,993	38,993	40,485
TotalFunds			69,298	6,000	46,142	38,993	160,433	172,209

								Total	Total
								2022	2021
Cash from operating activities
New cash (used)/generated in operating			activities					(34,750)	(12,992)
Cash flows from investing activities
Dividends, interest and rents from investments								10,418	9,140
Proceeds from the sale of property,	plant		and	equipment
Purchase of property, plant and equipment
Purchase of intangible assets
Proceeds from the sale of investments
Purchase of investments
Other
Net cash provided by investing activities								10,418	9,140
Cash flows from financing activities
New borrowings
Repayment of borrowings
Net cash used in financing activities
Change in cash and cash equivalents		in the reporting			period			(24,332)	(3,852)
Cash and cash equivalents at the beginning of				the reporting		period		121,128	124,980
Cash and cash equivalents at the end		of	the reporting		period			96,796	121,128
Reconciliation ofnet income to net		cash flow from			0 cretin		activities
Net (expenditure)/income for the	reporting			period
(as per statement offinancial activities)								(11,776)	24,579
Adjustments for:
Depreciation and amortisation charges
Profit on the sale offixed assets
Loss on the sale offixed assets
Losses/(gains on investments								1,492	(3,799)
Dividends, interest and rents from	investments							(10,418)	(9,140)
Decrease/(increase) in stocks
(increase)/decrease in debtors								(7,452)	(2,254)
(Decrease)/increase in creditors								(6,596)	(22,378)
Net cash used in operating activities								(34,750)	(12,992
Anal isofcash and cash e uivalent
Cash in hand								37,814	101,649
Short term deposit (less than 3 months)								58,982	19,479
Total cash and cash equivalents								96,796	121,128

			2022	2021
			E	E
Room lettings			51,410	17,670
Weddings, Baptisms &		Funerals	2,640	3,746
Job Retention	Scheme		273	2,886
Miscellaneous	income		490	866
Total Other Charitable		Income	54,813	25,168

s salaries paid to tw	o (2	019-20	:t	wo) employees were as follows:
					2022	2021
					E	E
Gross pay					27,053	26,527
Employer's National	Insurance		contributions		2,121	1,960
Less: Employment Allowance					(2,121)	(1,960)
Employer's pension	contributions			to defined
contribution schemes					1,380	1,337
Apprenticeship levy					118	115
Total staff costs					28p551	27,979
Total weekly contractual		hours	for 2 staff		42	42

perty mainten	an	ce
						2022	2021
Maintenance	of	Church	and Halls			7,750	3,179
Maintenance	of	Church	Cottage			2,587	4,043
Property Maintenance			(General	Fund)		10,337	7,222
Hall Development		Project (Restricted			Fund)	(1,867)	5,062
Total Property	Maintenance					8,470	12,284

		2022	2021
		E	E
Printing, postage and stationery		1,223	234
Telephone and broadband		357	370
Staffing and expenses		4,108	4,309
Bank charges		553	139
Examiner's fees		840	840
Total charge to General	Fund	7,081	5,892

			2022	2021
			E
Church activities			1,444	1,492
Caretaker / Cleaning Costs			25,571	24,490
Contribution to the Connexion		Pension Reserve Fund	20,500
Choir and music costs			2,593	1,017
Total charged to General	Fund		50,108	26,999
Other (charged to Restricted		Fund)	25	20
Other (charged to Endowment		Funds)	115	73
Total			50,248	27,092

Debtors were	mad	e up as follows:
			2022	2021
			E	E
Trade debtors
Prepayments	and	accrued income
Gift aid tax and VAT receivable			12,556	8,446
Circuit assessment		paid in advance	5,449	5 359
Insurance paid	in	advance	5,601	5,085
Pre-paid gas			1,121
Room lettings			1,715	100
Total (net)			26,442	18,990

			2022f	2021f
Creditors:
Donations	paid in advance			1,050
Building repairs &maintenance			300	5993
Utilities			658	155
Audit and	examiner's	fee	840	840
Total			1,798	8,038
Accruals:
PAYE and	pension contributions			356
Taxation and Social Security				356
Total			1,798	8,394

Maturity	analysis o	fbasic financial	instruments	instruments
			Accrued at				Accrual made	Accrued		at
			1Sept	2021	Paid in	year	In year	31Aug	2022
			f		f		f	f
Trade creditors
Donations	paid in advance			1,050		(1,050)
Building repairs and		maintenance		5993		(5993)	300			300
Utilities				155		(155)	658			658
Audit and	examiner's	fee		840		(840)	840			840
Taxation	and Social	Security		356		(356)
Total				8,394		(8,394)	1,798		1,798

mparatives for moveme	nt in fun	ds
		Balance at	Income	Expenditure	Transfers	Gains/	Balance at
Fund		01-Sep-2020 f		E	E	Losses E	31-Aug-2021 E
General Fund		59,919	142,495	(119,177)			83,237
Property Maintenance		6,000					6,000
(Designated)
Total unrestricted	funds	65,919	142,495	(119,177)			89,237
Church Development	Project	37,619	2,544	(5,062)			35,101
Capital Fund		7,300					7,300
Small Funds (&f500each)		106		(20)			86
Total restricted	funds	45,025	2,544	(5,082)			42,487
Capital Fund		17,083	71	(34)	-	163	17,283
CTAvery —Trust A		3,882	72	(72)	-	712	4,594
CTAvery —Trust 8		1,552	29	(29)	—	286	1,838
Samuel A Wood Trust		14,169	261	(261)	-	2,601	16,770
Total endowment	funds	36,686	433	(396)	-	3,762	40,485
Total Funds		147,630	145,472	(124,655)		3,762	172,209
rrent year 12months	and prior	year 12months	combines	position as follows
		Balance at	Income	Expenditure	Transfers	Gains/	Balance at
		01-Sep-2020				Lasses	31-Aug-2022
Fund			E	E	f	E	f
General Fund		59,919	302,469	(293.090)			69,298
Property Maintenance		6,000					6,000
(Designated)
Total unrestricted	funds	65,919	302,469	(293,090)			75,298
Church Development	Project	37,619	4,357	(3,195)			38,781
Capital Fund		7,300					7,300
Small Funds (&f500each)		106		(45)			61
Total restricted	funds	45,025	4,357	(3,240)			46,142
Capital Fund		17,083	168	(83)	-	81	17,249
CTAvery —Trust A		3,882	183	(183)	-	424	4,306
CTAvery —Trust 8		1,552	74	(74)	-	170	1,722
Samuel A Wood Trust		14,169	668	(668)	-	1,547	15,716
Total endowment	funds	36,686	1,093	(1,008)	-	2,222	38,993
Total Funds		147,630	307,919	(297,338)		2 222	160,433