## **TRINITY MINISTRIES HINCKLEY TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER, 2023**
## **CHARITY INFORMATION**
**Charity name** : Trinity Ministries Hinckley
**Charity registration number** : 1132149
## **Company registration number:** 7001529
## **Registered Office** :
Wesley House, 61 Stockwell Head, Hinckley, Leicestershire, LE10 1RD
## **Governing Document:**
Memorandum & Articles of Association Incorporated 26[th] August 2009
## **Trustees:**
Mr Stuart Dean
Mr Mark Wassell
Mr Julian Payne
Mr John Pibworth (from September 2024)
## **Independent Examiner:**
Mrs S-J Statham CTA, TEP, ACMA
2 Cotswold Way, Ashby-de-la-Zouch, Leicestershire, LE65 1ET
The trustees, who are the charity's directors for the purposes of company law, have pleasure in submitting the Report and Accounts for the year.
## **OBJECTS OF THE CHARITY**
The charity is a charitable company and is governed by its memorandum and articles of association. The objects of the charity, as set out in the governing document are:
- A) To advance the Christian faith in accordance with the statement of beliefs appearing in the schedule hereto in Hinckley Leicestershire and in such other parts of the United Kingdom or the world as the directors of the charity (herein called ‘the trustees’) may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the charity.
- B) To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, good or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world as the trustees from time to time may think fit.
## **SUMMARY OF THE CHARITY'S MAIN ACTIVITIES AND ACHIEVEMENTS**
The main activity adopted by the trustees to work towards its objectives is the establishment of Trinity Community Church (TCC).
Trinity Community Church has been established as a church meeting the spiritual needs of the people of Hinckley and the surrounding area. The church has no assets and no employees; rather it is an association of people who come together to worship the Lord Jesus and to proclaim his gospel and see others in Hinckley and the surrounding area come into a living relationship with the Lord Jesus.
Trinity Community Church relies on the benefit of Trinity Ministries Hinckley. Any financial giving by any person who is in fellowship with the church is passed to Trinity Ministries Hinckley to be used at the discretion of the trustees in fulfilment of the objects of the charity.
Trinity Community Church exists to bring glory to God through 3 Ms:
1. Multiplication (making new disciples of Christ)
2. Maturity (growing disciples in love for God and behaviour like Christ)
3. Ministry (serving others in the church and the world for Christ)
The church has 3 core values:
1. TCC is Word centred (because we are formed and shaped by the Bible)
2. TCC is community based (because church is an extended family not just meetings)
3. TCC is mission focussed (because church is for gospel proclamation and demonstration)
To further the above objects and vision, the charity's main activities and achievements were as follows:
Supporting and funding Trinity Community Church, it’s ministries, meetings and events. The employment of a Pastor for TCC (full time).
The employment of a Women’s Ministry and Pastoral Worker for TCC (part time). Donations to institutions and individuals.
Reordering Wesley House - the building TCC moved into in 2017.
TCC runs various activities during the week, in particular:
- A Sunday service meeting in Wesley House
- Evangelistic courses and events
- Biblical counselling for the benefits of the church members and wider community
- Regular bible studies in small groups and one to one
- A regular prayer and communion meeting
- Small groups called ‘Life Groups’, which teach the Bible, develop community and share the Christian faith.
- Children and Youth Clubs (Ignite, for school years 2-6, Connect, for school years 7-9, and Connect Plus for school years 10-13)
- A Parent/Carers and Toddler Group - ‘Tiddlywinks’
- Community building social events
- Men’s and Women’s Ministries
- Pastoral visiting and care within the church
The church seeks to operate as a Christian family, where everyone has a part to play in supporting one another, especially those who are in need (for example, providing meals for those who are sick and practical help for those in need).
Most of the church’s activities are undertaken by volunteers and the charity could not operate effectively without their efforts.
TCC supports and is involved in the activities of the Midlands Gospel Partnership regionally and the Fellowship of Independent Evangelical Churches (FIEC) nationally. TCC also supports 3 other evangelical churches.
When planning our activities the trustees have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.
## **Structure, Governance and Management**
Responsibility for setting policy and for determining the parameters within which the charity should operate rests with the trustees, who are also responsible for monitoring the ongoing activities of the charity. The leadership, operation and spiritual oversight of Trinity Community Church is the responsibility of the eldership team.
The charity is controlled by its governing documents, the Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
At any time, there must be a minimum of three trustees. The trustees are responsible for the appointment of new trustees. All trustees appointed are in full support of the charity’s aims and objectives and statement of faith, and are familiar with the practical workings of the charity. Any newly appointed trustees will be given a copy of the current version of the governing documents and a copy of the latest Trustees’ Annual Report and statement of financial statements.
## **Financial Review**
The attached financial statements show the financial position of Trinity Ministries Hinckley at the end of this period.
During the year income was very similar to the previous year at £110, 084. The majority of this came from regular donations.
The charity’s expenditure decreased this year by £12, 593. The decrease is mainly due to less spending on reordering Wesley House during the year.
The fixed assets of the charity increased by £427,506 primarily due to the purchase of Wesley House during the year.
## **Reserves Policy**
This year TMH revised their reserves policy. The policy now is to retain sufficient reserves:
- To ensure that Trinity Ministries Hinckley has sufficient funds to meet its financial commitments;
- To demonstrate that Trinity Ministries Hinckley is sustainable into the future;
- To ensure that Trinity Ministries Hinckley is able to manage future unforeseen financial difficulties;
- To ensure that excessive funds are not held without any identifiable reason or for any identifiable purpose.
- To satisfy requirement for a reserves policy as specified in the terms of any mortgage taken out on property owned by the charity. Specifically, while the charity has a mortgage with Kingdom Bank, we are required to maintain available cash reserves of a minimum 20% of committed annual expenditure. As at November 2023, that figure was calculated as being £19,150.
Financial reserves are considered in two parts:
- General reserves that are deemed necessary to meet future operational requirements and to protect Trinity Ministries Hinckley against future financial uncertainties including loss of income and unexpected increases in operating costs;
- Reserves set aside to meet future financial commitments for a specific significant project or venture or planned future commitment.
This reserves policy is reviewed annually. Income is quite predictable - and fairly stable - so the risk of a sharp fall in reserves is not considered significant.
## **Key risks and uncertainties**
The charity is exposed to various risks - be they operational, financial or reputational. The trustees monitor the charity's activities to identify significant risks and, where possible, take appropriate measures to mitigate those risks.
The principal risk that could adversely affect the charity is moral failure resulting in large numbers of members leaving Trinity Community Church. The trustees are satisfied that a culture exists within TCC, where challenge is welcomed and leadership is shared, to sufficiently mitigate the likelihood of this risk materialising.
## **Plans for the future**
Trinity Ministries Hinckley intends to continue its regular activities through TCC. As at the time of writing this report, Trinity Ministries Hinckley are reviewing their constitution and considering updates in the light of advice from Edward Connor Solicitors.
## **Approval**
This report was approved by the trustees and signed on their behalf by:
## _Stuart Dean_
Stuart Dean, Secretary
Date: 22 October, 2024
**Trinity Ministries Hinckley (a company limited by guarantee)**
**End of Year Financial Statements Year ending 31 December 2023 Charity Number 1132149 Company Number 7001529**
_Page 1_
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and with the Financial Reporting Standards for Smaller Entities.
These financial statements were approved by the Board of Trustees and authorized for issue on 28/02/2023.
Stuart Dean Trustee
_Page 2_
## **Statement of Financial Activities**
||**Unrestricted**
**Restricted**
**Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**total funds**|
|---|---|
|**Incoming resources**
Incoming resources from generated funds
Voluntary income
Incoming resources from charitable activities
Other incoming resources
**Total income**
**Resources used**
Charitable activities
**Total expenditure**
Gains / losses on investment assets
**Net income / (expenditure) resources before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
Gains on revaluation, fixed assets, charity's own use
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**
**Represented by**
**Unrestricted**
General fund
**Restricted**
Community Support Fund
Ministry Assistant
Wesley House Building|573
—
—
573
69
96,443
41
—
96,484
105,846
1,380
—
—
1,380
—
11,645
—
—
11,645
3,244|
||**110,043**
**41**
**—**
**110,084**
**109,160**
73,078
27,506
—
100,585
103,378|
||**73,078**
**27,506**
**—**
**100,585**
**103,378**
148,251
—
—
148,251
—|
||**185,216**
**(27,465)**
**—**
**157,751**
**5,782**
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—|
||**185,216**
**(27,465)**
**—**
**157,751**
**5,782**|
||**207,625**
**57,703**
**—**
**265,328**
**259,546**|
||**392,842**
**30,238**
**—**
**423,080**
**265,328**
392,842
—
—
392,842
207,625
—
0
—
0
0
—
0
—
0
0
—
30,238
—
30,238
57,704|
## **Balance sheet**
|**Class and code**
**Description**|**This year**
**Last year**|
|---|---|
|**Fixed assets**
5100
18 Blenheim Close
5200
Wesley House
**Total Fixed assets**
**Current assets**
4100
Barclays Current Account
4110
Stewardship Account
4120
Barclays Business Savings Account
4130
Tiddlywinks & WLTDO Cash & Bank
Z10
Prepayments
**Total Current assets**
**Liabilities**
Z04
Accounts Payable
Z06
Mortgage Account Blenheim Close
Z07
Loan from DEANS|287,500
287,500
427,506
—|
||**715,006**
**287,500**
45,481
101,529
3
67
14,757
72,132
522
—
319
287|
||**61,084**
**174,016**
—
198
53,875
55,990
140,000
140,000|
_Page 3_
|Z08
Deposit Paid by HTC
Z09
Monies owed to HTC
Z11
Mortgage Account Wesley House
**Total Liabilities**
**Net Asset surplus(deficit)**
**Reserves**
Excess / (deficit) to date
Z01
Starting balances
Z02
Other gains/(losses)
**Total Reserves**
**Represented by funds**
Unrestricted
Designated
Restricted
Endowment
**Total**|—
—
—
—
159,135
—|
|---|---|
||**353,010**
**196,188**|
||**423,080**
**265,328**|
||9,499
5,782
265,328
259,546
148,251
—|
||**423,080**
**265,328**
392,842
207,625
—
—
30,238
57,703
—
—|
||**423,080**
**265,328**|
## **Statement of assets and liabilities**
||**General Designated**
**Restricted Endowment**|**This year**
**Last year**|
|---|---|---|
|**Fixed assets - Tangible assets**
18 Blenheim Close -
Wesley House -
**Totals**
**Current assets - Cash at bank and in hand**
Barclays Current Account -
Stewardship Account -
Barclays Business Savings Account -
Tiddlywinks & WLTDO Cash & Bank -
**Totals**
**Current assets - Debtors**
Prepayments -
**Totals**
**Liabilities - Creditors: Amounts falling due**
**after more than one year**
Mortgage Account Blenheim Close -
Loan from DEANS -
Mortgage Account Wesley House -
**Totals**
**Liabilities - Creditors: Amounts falling due in**
**one year**
Accounts Payable -
**Totals**
**Grand total**|287,500
—
—
—
427,506
—
—
—|287,500
287,500
427,506
—|
||**715,006**
**—**
**—**
**—**
15,244
—
30,237
—
3
—
—
—
14,757
—
0
—
522
—
—
—|**715,006**
**287,500**
45,481
101,529
3
67
14,757
72,132
522
—|
||**30,526**
**—**
**30,238**
**—**
319
—
—
—|**60,765**
**173,729**
319
287|
||**319**
**—**
**—**
**—**
53,875
—
—
—
140,000
—
—
—
159,135
—
—
—|**319**
**287**
53,875
55,990
140,000
140,000
159,135
—|
||**353,010**
**—**
**—**
**—**
—
—
—
—|**353,010**
**195,990**
—
198|
||**—**
**—**
**—**
**—**|**—**
**198**|
||**392,842**
**—**
**30,238**
**—**|**423,080**
**265,328**|
## **Fund movement by type**
**Opening Incoming Outgoing Transfers Gains/losses Journals Closing**
||**Opening Incoming Outgoing Transfers Gains/losses Journals Closing**|
|---|---|
|**Build - Wesley House Buildin**
Restricted
**Sub-total for Build**
**ComSup - Community Support Fu**
Restricted|57,704
41
27,506
—
—
—
30,238|
||**57,704**
**41**
**27,506**
**—**
**—**
**—**
**30,238**
0
—
—
—
—
—
0|
_Page 4_
|**Sub-total for ComSup**
**MAsst - Ministry Assistant**
Restricted
**Sub-total for MAsst**
**General - General fund**
Unrestricted
**Sub-total for General**
**Grand total**|**0**
**—**
**—**
**—**
**—**
0
—
—
—
—|**—**
**0**
—
0|
|---|---|---|
||**0**
**—**
**—**
**—**
**—**
207,625
110,043
73,078
—
148,251|**—**
**0**
—
392,842|
||**207,625**
**110,043**
**73,078**
**—**
**148,251**|**—**
**392,842**|
||**265,328**
**110,084**
**100,585**
**—**
**148,251**|**—**
**423,080**|
## **Analysis of income and expenditure**
|**Unrestricted Designated**
**Restricted**
**Endowment**
**INCOME AND ENDOWMENTS**
**Incoming resources from generated funds**
1900 - Interest - Savings Account
573
—
—
—
Total
573
—
—
—
**Incoming resources from generated funds - Voluntary income**
1100 - Regular Giving Gift Aid TCC
68,965
—
—
—
1101 - Regular Giving Gift Aid
External
240
—
—
—
1200 - Regular Giving Non Gift Aid
TCC
7,150
—
—
—
1201 - Regular Giving Non Gift Aid
External
—
—
—
—
1300 - Gift Aid Reclaimed
20,088
—
—
—
1800 - Wesley House Funds
—
—
41
—
Total
96,443
—
41
—
**Incoming resources from charitable activities**
1550 - Donations from participants of
Tiddlywin
1,380
—
—
—
1551 - Donations from participants of
Women's M
—
—
—
—
1552 - Donations from participants of
Ignite &
—
—
—
—
Total
1,380
—
—
—
**Other incoming resources**
1400 - Support from Holy Trinity
Hinckley
—
—
—
—
1500 - Other external support
310
—
—
—
1600 - Miscellaneous
11,335
—
—
—
1601 - Offset Costs
—
—
—
—
1700 - BCUK
—
—
—
—
Total
11,645
—
—
—|**Unrestricted Designated**
**Restricted**
**Endowment**|**Total**
**This year**
**Last year**
573
69|
|---|---|---|
|||573
69
68,965
66,440
240
10,240
7,150
6,850
—
2,960
20,088
19,314
41
41|
|||96,484
105,846
1,380
—
—
—
—
—|
||1,380
—
—
—
—
—
—
—
310
—
—
—
11,335
—
—
—
—
—
—
—
—
—
—
—|1,380
—
—
—
310
2,737
11,335
507
—
—
—
—|
||11,645
—
—
—|11,645
3,244|
|**INCOME TOTAL**|110,043
—
41
—|110,084
109,160|
_Page 5_
## **EXPENDITURE**
|**Charitable activities**
2100 - Ministers Salary
2110 - S Garry Salary
2120 - D Candler Salary
2130 - A Steele Salary
2200 - PAYE & NI (SD)
2210 - PAYE
2220 - NI Employee (SD)
2221 - PAYE & NI (SG)
2222 - PAYE & NI (DC)
2223 - PAYE & NI (AS)
2230 - NI Employer
2300 - Employers Pension
Contributions
2400 - Mortgage 18 Blenheim Close
2410 - Council Tax 18 Blenheim
Close
2420 - House Insurance 18 Blenheim
Close
2430 - Water Charges 18 Blenheim
Close
2440 - Maintenance Contract 18
Blenheim Close
2450 - Maintenance 18 Blenheim
Close
2500 - Ministers Expenses
2510 - S Garry's Expenses
2520 - D Candler's Expenses
2530 - A Steele Expenses
2600 - Office and Administration
2601 - Catering
2602 - Communion
2603 - Stewardship (Payroll)
2610 - Training Costs
2620 - Child Protection Costs
2630 - Venue Rent
2631 - Venue (Other)
2632 - Wesley House
2633 - Wesley House Sundry Items
2634 - Wesley House Gas
2635 - Wesley House Electricity
2636 - Wesley House Water
2637 - Wesley House Insurance
2638 - Wesley House Maintenance
2639 - Wesley House Mortgage
Costs
2640 - Youth and Childrens Work
2641 - Holiday Club
2642 - Wesley House Deposit
2643 - Wesley House Mortgage
2644 - Tiddlywinks & WLTDO
Expenditure
2650 - Literature and Resources
2651 - Equipment
2655 - Set up costs
2660 - Mission Giving
2661 - Evangelistic Events
2670 - Membership Costs
2680 - Legal Fees
2690 - Musicians
Total|26,521
—
—
—
26,521
24,168
—
—
—
—
—
—
—
—
—
—
—
—
13,883
—
—
—
13,883
12,187
6,191
—
—
—
6,191
5,543
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
554
—
—
—
554
168
—
—
—
—
—
—
3,388
—
—
—
3,388
2,945
4,292
—
—
—
4,292
2,659
2,526
—
—
—
2,526
2,411
516
—
—
—
516
460
727
—
—
—
727
667
—
—
—
—
—
—
138
—
—
—
138
300
387
—
—
—
387
463
—
—
—
—
—
—
—
—
—
—
—
—
960
—
—
—
960
745
1,761
—
—
—
1,761
1,554
270
—
—
—
270
10
62
—
—
—
62
77
576
—
—
—
576
550
432
—
—
—
432
35
309
—
—
—
309
252
—
—
—
—
—
—
—
—
—
—
—
—
(27,506)
—
27,506
—
—
30,539
237
—
—
—
237
393
1,785
—
—
—
1,785
1,377
1,071
—
—
—
1,071
895
452
—
—
—
452
452
1,760
—
—
—
1,760
2,200
1,927
—
—
—
1,927
1,314
2,220
—
—
—
2,220
—
940
—
—
—
940
792
478
—
—
—
478
132
—
—
—
—
—
—
14,035
—
—
—
14,035
—
858
—
—
—
858
—
263
—
—
—
263
174
1,810
—
—
—
1,810
—
—
—
—
—
—
—
7,709
—
—
—
7,709
8,283
61
—
—
—
61
—
1,476
—
—
—
1,476
1,620
—
—
—
—
—
—
—
—
—
—
—
—|
|---|---|
||73,078
—
27,506
—
100,585
103,378|
|**EXPENDITURE TOTAL**|73,078
—
27,506
—
100,585
103,378|
_Page 6_
|**GRAND TOTAL**
36,965
—
(27,465)
—|9,499
5,782|
|---|---|
_Page 7_
These accounts have been prepared in accordance with the provision for the Statement of Recommended Practice Accounting and Reporting by Charities’ (SORP) issued by the Charity Commissioner in 2005 and in accordance with the Charities Act 2011 and applicable accounting standards.
These accounts are prepared on the historic cost basis of accounting.
All Income and Expenditure is accounted for on accruals basis except donations (which are accounted for when received).
Assets acquired at a cost of less than £2,000 are written off in the year of acquisition.
## **Related Party Transactions**
Mr S Dean is remunerated under a contract of employment in accordance with the provisions of Clause 7.1 of the company’s Memorandum of Association. No other trustee received remuneration or reimbursement of expenses incurred in the performance of their duties.
## **Staff Costs**
Trinity Ministries Hinckley employ Mr S Dean and Mrs A Steele.
## **Independent examiner’s report to the trustees of Trinity Ministries Hinckley Charitable Company**
I report on the accounts of the company for the year ended 31 December 2023.
## **Respective responsibilities of trustees and examiner**
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider than an audit is not required for this year under the Charities Act 2011, s. 144(2) (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
examine the accounts under s. 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under s. 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evident that would be required in an audit and consequently no opinion is given as to whether the accounts present ‘a true and fair view’ and the report is limited to those matters set out in the statement below.
_Page 8_
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
2. Which gives me reasonable cause to believe that in any material respect the requirements:
- To keep accounting records in accordance with the Companies Act 2006, s. 386; and
- To prepare accounts which accord with the accounting records, comply with the accounting requirements of the Companies Act 2006, s. 396 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
3. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed & Dated _______________________________ Mrs S-J Statham CTA, TEP, ACMA
2 Cotswold Way, Ashby-de-la-Zouch, Leicestershire, LE65 1ET
_Page 9_
**Trinity Ministries Hinckley (a company limited by guarantee)**
**End of Year Financial Statements Year ending 31 December 2023 Charity Number 1132149 Company Number 7001529**
_Page 1_
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and with the Financial Reporting Standards for Smaller Entities.
These financial statements were approved by the Board of Trustees and authorized for issue on 28/02/2023.
Stuart Dean Trustee
_Page 2_
## **Statement of Financial Activities**
||**Unrestricted**
**Restricted**
**Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**total funds**|
|---|---|
|**Incoming resources**
Incoming resources from generated funds
Voluntary income
Incoming resources from charitable activities
Other incoming resources
**Total income**
**Resources used**
Charitable activities
**Total expenditure**
Gains / losses on investment assets
**Net income / (expenditure) resources before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
Gains on revaluation, fixed assets, charity's own use
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**
**Represented by**
**Unrestricted**
General fund
**Restricted**
Community Support Fund
Ministry Assistant
Wesley House Building|573
—
—
573
69
96,443
41
—
96,484
105,846
1,380
—
—
1,380
—
11,645
—
—
11,645
3,244|
||**110,043**
**41**
**—**
**110,084**
**109,160**
73,078
27,506
—
100,585
103,378|
||**73,078**
**27,506**
**—**
**100,585**
**103,378**
148,251
—
—
148,251
—|
||**185,216**
**(27,465)**
**—**
**157,751**
**5,782**
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—|
||**185,216**
**(27,465)**
**—**
**157,751**
**5,782**|
||**207,625**
**57,703**
**—**
**265,328**
**259,546**|
||**392,842**
**30,238**
**—**
**423,080**
**265,328**
392,842
—
—
392,842
207,625
—
0
—
0
0
—
0
—
0
0
—
30,238
—
30,238
57,704|
## **Balance sheet**
|**Class and code**
**Description**|**This year**
**Last year**|
|---|---|
|**Fixed assets**
5100
18 Blenheim Close
5200
Wesley House
**Total Fixed assets**
**Current assets**
4100
Barclays Current Account
4110
Stewardship Account
4120
Barclays Business Savings Account
4130
Tiddlywinks & WLTDO Cash & Bank
Z10
Prepayments
**Total Current assets**
**Liabilities**
Z04
Accounts Payable
Z06
Mortgage Account Blenheim Close
Z07
Loan from DEANS|287,500
287,500
427,506
—|
||**715,006**
**287,500**
45,481
101,529
3
67
14,757
72,132
522
—
319
287|
||**61,084**
**174,016**
—
198
53,875
55,990
140,000
140,000|
_Page 3_
|Z08
Deposit Paid by HTC
Z09
Monies owed to HTC
Z11
Mortgage Account Wesley House
**Total Liabilities**
**Net Asset surplus(deficit)**
**Reserves**
Excess / (deficit) to date
Z01
Starting balances
Z02
Other gains/(losses)
**Total Reserves**
**Represented by funds**
Unrestricted
Designated
Restricted
Endowment
**Total**|—
—
—
—
159,135
—|
|---|---|
||**353,010**
**196,188**|
||**423,080**
**265,328**|
||9,499
5,782
265,328
259,546
148,251
—|
||**423,080**
**265,328**
392,842
207,625
—
—
30,238
57,703
—
—|
||**423,080**
**265,328**|
## **Statement of assets and liabilities**
||**General Designated**
**Restricted Endowment**|**This year**
**Last year**|
|---|---|---|
|**Fixed assets - Tangible assets**
18 Blenheim Close -
Wesley House -
**Totals**
**Current assets - Cash at bank and in hand**
Barclays Current Account -
Stewardship Account -
Barclays Business Savings Account -
Tiddlywinks & WLTDO Cash & Bank -
**Totals**
**Current assets - Debtors**
Prepayments -
**Totals**
**Liabilities - Creditors: Amounts falling due**
**after more than one year**
Mortgage Account Blenheim Close -
Loan from DEANS -
Mortgage Account Wesley House -
**Totals**
**Liabilities - Creditors: Amounts falling due in**
**one year**
Accounts Payable -
**Totals**
**Grand total**|287,500
—
—
—
427,506
—
—
—|287,500
287,500
427,506
—|
||**715,006**
**—**
**—**
**—**
15,244
—
30,237
—
3
—
—
—
14,757
—
0
—
522
—
—
—|**715,006**
**287,500**
45,481
101,529
3
67
14,757
72,132
522
—|
||**30,526**
**—**
**30,238**
**—**
319
—
—
—|**60,765**
**173,729**
319
287|
||**319**
**—**
**—**
**—**
53,875
—
—
—
140,000
—
—
—
159,135
—
—
—|**319**
**287**
53,875
55,990
140,000
140,000
159,135
—|
||**353,010**
**—**
**—**
**—**
—
—
—
—|**353,010**
**195,990**
—
198|
||**—**
**—**
**—**
**—**|**—**
**198**|
||**392,842**
**—**
**30,238**
**—**|**423,080**
**265,328**|
## **Fund movement by type**
**Opening Incoming Outgoing Transfers Gains/losses Journals Closing**
||**Opening Incoming Outgoing Transfers Gains/losses Journals Closing**|
|---|---|
|**Build - Wesley House Buildin**
Restricted
**Sub-total for Build**
**ComSup - Community Support Fu**
Restricted|57,704
41
27,506
—
—
—
30,238|
||**57,704**
**41**
**27,506**
**—**
**—**
**—**
**30,238**
0
—
—
—
—
—
0|
_Page 4_
|**Sub-total for ComSup**
**MAsst - Ministry Assistant**
Restricted
**Sub-total for MAsst**
**General - General fund**
Unrestricted
**Sub-total for General**
**Grand total**|**0**
**—**
**—**
**—**
**—**
0
—
—
—
—|**—**
**0**
—
0|
|---|---|---|
||**0**
**—**
**—**
**—**
**—**
207,625
110,043
73,078
—
148,251|**—**
**0**
—
392,842|
||**207,625**
**110,043**
**73,078**
**—**
**148,251**|**—**
**392,842**|
||**265,328**
**110,084**
**100,585**
**—**
**148,251**|**—**
**423,080**|
## **Analysis of income and expenditure**
|**Unrestricted Designated**
**Restricted**
**Endowment**
**INCOME AND ENDOWMENTS**
**Incoming resources from generated funds**
1900 - Interest - Savings Account
573
—
—
—
Total
573
—
—
—
**Incoming resources from generated funds - Voluntary income**
1100 - Regular Giving Gift Aid TCC
68,965
—
—
—
1101 - Regular Giving Gift Aid
External
240
—
—
—
1200 - Regular Giving Non Gift Aid
TCC
7,150
—
—
—
1201 - Regular Giving Non Gift Aid
External
—
—
—
—
1300 - Gift Aid Reclaimed
20,088
—
—
—
1800 - Wesley House Funds
—
—
41
—
Total
96,443
—
41
—
**Incoming resources from charitable activities**
1550 - Donations from participants of
Tiddlywin
1,380
—
—
—
1551 - Donations from participants of
Women's M
—
—
—
—
1552 - Donations from participants of
Ignite &
—
—
—
—
Total
1,380
—
—
—
**Other incoming resources**
1400 - Support from Holy Trinity
Hinckley
—
—
—
—
1500 - Other external support
310
—
—
—
1600 - Miscellaneous
11,335
—
—
—
1601 - Offset Costs
—
—
—
—
1700 - BCUK
—
—
—
—
Total
11,645
—
—
—|**Unrestricted Designated**
**Restricted**
**Endowment**|**Total**
**This year**
**Last year**
573
69|
|---|---|---|
|||573
69
68,965
66,440
240
10,240
7,150
6,850
—
2,960
20,088
19,314
41
41|
|||96,484
105,846
1,380
—
—
—
—
—|
||1,380
—
—
—
—
—
—
—
310
—
—
—
11,335
—
—
—
—
—
—
—
—
—
—
—|1,380
—
—
—
310
2,737
11,335
507
—
—
—
—|
||11,645
—
—
—|11,645
3,244|
|**INCOME TOTAL**|110,043
—
41
—|110,084
109,160|
_Page 5_
## **EXPENDITURE**
|**Charitable activities**
2100 - Ministers Salary
2110 - S Garry Salary
2120 - D Candler Salary
2130 - A Steele Salary
2200 - PAYE & NI (SD)
2210 - PAYE
2220 - NI Employee (SD)
2221 - PAYE & NI (SG)
2222 - PAYE & NI (DC)
2223 - PAYE & NI (AS)
2230 - NI Employer
2300 - Employers Pension
Contributions
2400 - Mortgage 18 Blenheim Close
2410 - Council Tax 18 Blenheim
Close
2420 - House Insurance 18 Blenheim
Close
2430 - Water Charges 18 Blenheim
Close
2440 - Maintenance Contract 18
Blenheim Close
2450 - Maintenance 18 Blenheim
Close
2500 - Ministers Expenses
2510 - S Garry's Expenses
2520 - D Candler's Expenses
2530 - A Steele Expenses
2600 - Office and Administration
2601 - Catering
2602 - Communion
2603 - Stewardship (Payroll)
2610 - Training Costs
2620 - Child Protection Costs
2630 - Venue Rent
2631 - Venue (Other)
2632 - Wesley House
2633 - Wesley House Sundry Items
2634 - Wesley House Gas
2635 - Wesley House Electricity
2636 - Wesley House Water
2637 - Wesley House Insurance
2638 - Wesley House Maintenance
2639 - Wesley House Mortgage
Costs
2640 - Youth and Childrens Work
2641 - Holiday Club
2642 - Wesley House Deposit
2643 - Wesley House Mortgage
2644 - Tiddlywinks & WLTDO
Expenditure
2650 - Literature and Resources
2651 - Equipment
2655 - Set up costs
2660 - Mission Giving
2661 - Evangelistic Events
2670 - Membership Costs
2680 - Legal Fees
2690 - Musicians
Total|26,521
—
—
—
26,521
24,168
—
—
—
—
—
—
—
—
—
—
—
—
13,883
—
—
—
13,883
12,187
6,191
—
—
—
6,191
5,543
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
554
—
—
—
554
168
—
—
—
—
—
—
3,388
—
—
—
3,388
2,945
4,292
—
—
—
4,292
2,659
2,526
—
—
—
2,526
2,411
516
—
—
—
516
460
727
—
—
—
727
667
—
—
—
—
—
—
138
—
—
—
138
300
387
—
—
—
387
463
—
—
—
—
—
—
—
—
—
—
—
—
960
—
—
—
960
745
1,761
—
—
—
1,761
1,554
270
—
—
—
270
10
62
—
—
—
62
77
576
—
—
—
576
550
432
—
—
—
432
35
309
—
—
—
309
252
—
—
—
—
—
—
—
—
—
—
—
—
(27,506)
—
27,506
—
—
30,539
237
—
—
—
237
393
1,785
—
—
—
1,785
1,377
1,071
—
—
—
1,071
895
452
—
—
—
452
452
1,760
—
—
—
1,760
2,200
1,927
—
—
—
1,927
1,314
2,220
—
—
—
2,220
—
940
—
—
—
940
792
478
—
—
—
478
132
—
—
—
—
—
—
14,035
—
—
—
14,035
—
858
—
—
—
858
—
263
—
—
—
263
174
1,810
—
—
—
1,810
—
—
—
—
—
—
—
7,709
—
—
—
7,709
8,283
61
—
—
—
61
—
1,476
—
—
—
1,476
1,620
—
—
—
—
—
—
—
—
—
—
—
—|
|---|---|
||73,078
—
27,506
—
100,585
103,378|
|**EXPENDITURE TOTAL**|73,078
—
27,506
—
100,585
103,378|
_Page 6_
|**GRAND TOTAL**
36,965
—
(27,465)
—|9,499
5,782|
|---|---|
_Page 7_
These accounts have been prepared in accordance with the provision for the Statement of Recommended Practice Accounting and Reporting by Charities’ (SORP) issued by the Charity Commissioner in 2005 and in accordance with the Charities Act 2011 and applicable accounting standards.
These accounts are prepared on the historic cost basis of accounting.
All Income and Expenditure is accounted for on accruals basis except donations (which are accounted for when received).
Assets acquired at a cost of less than £2,000 are written off in the year of acquisition.
## **Related Party Transactions**
Mr S Dean is remunerated under a contract of employment in accordance with the provisions of Clause 7.1 of the company’s Memorandum of Association. No other trustee received remuneration or reimbursement of expenses incurred in the performance of their duties.
## **Staff Costs**
Trinity Ministries Hinckley employ Mr S Dean and Mrs A Steele.
## **Independent examiner’s report to the trustees of Trinity Ministries Hinckley Charitable Company**
I report on the accounts of the company for the year ended 31 December 2023.
## **Respective responsibilities of trustees and examiner**
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider than an audit is not required for this year under the Charities Act 2011, s. 144(2) (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
examine the accounts under s. 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under s. 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evident that would be required in an audit and consequently no opinion is given as to whether the accounts present ‘a true and fair view’ and the report is limited to those matters set out in the statement below.
_Page 8_
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
2. Which gives me reasonable cause to believe that in any material respect the requirements:
- To keep accounting records in accordance with the Companies Act 2006, s. 386; and
- To prepare accounts which accord with the accounting records, comply with the accounting requirements of the Companies Act 2006, s. 396 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
3. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed & Dated _______________________________ Mrs S-J Statham CTA, TEP, ACMA
2 Cotswold Way, Ashby-de-la-Zouch, Leicestershire, LE65 1ET
_Page 9_