**REGISTERED COMPANY NUMBER: 07005276 (England and Wales) REGISTERED CHARITY NUMBER: 1132641**
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2022
for
## AMBLECOTE COMMUNITY CHURCH
S A R Accountants Shire Barn Hewell Lane Tardebigge Worcestershire
AMBLECOTE COMMUNITY CHURCH
## Contents of the Financial Statements for the Year Ended 31 March 2022
|||Page||
|---|---|---|---|
|Reference and Administrative Details||1||
|Report of the Trustees|2|to|7|
|Independent Examiner's Report||8||
|Statement of Financial Activities||9||
|Balance Sheet|10|to|11|
|Notes to the Financial Statements|12|to|19|
|Detailed Statement of Financial Activities|20|to|21|
AMBLECOTE COMMUNITY CHURCH
Reference and Administrative Details for the Year Ended 31 March 2022
**TRUSTEES** R E Chapman J Cook E Morse-Brown Mrs A White (resigned 31.3.22) **REGISTERED OFFICE** 102/104 Brettell Lane Amblecote Stourbridge West Midlands DY8 4BS **REGISTERED COMPANY** 07005276 (England and Wales) **NUMBER**
## **REGISTERED CHARITY NUMBER** 1132641
## **INDEPENDENT EXAMINER**
S A R Accountants Shire Barn Hewell Lane Tardebigge Worcestershire
Page 1
AMBLECOTE COMMUNITY CHURCH
## Report of the Trustees
for the Year Ended 31 March 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The principle objects of the charity are:
- to advance the Christian faith,
- to relieve sickness and financial hardship and to promote and preserve good health, and
- to advance education
The trustees and director teams follow a principle objective of the proclamation of the Gospel of Jesus Christ, and in addition provide a facility for people to meet to worship and praise God, to stand alongside people as they grow as individual Christians, and to encourage fellowship.
## **Public benefit**
The trustees confirm that they have paid due regard to Charity Commission guidance on public benefit in deciding what activities to undertake and are described below.
Page 2
AMBLECOTE COMMUNITY CHURCH
## Report of the Trustees
for the Year Ended 31 March 2022
## **ACHIEVEMENT AND PERFORMANCE Charitable activities Introduction- COVID-19 Pandemic**
The year 2021 - 2022 brought many challenges for Amblecote Christian Centre (ACC). As COVID 19 was very much still with us and Lockdown was still very relevant, Elders/Directors and the Staff Team worked hard to navigate through this difficult time. Using a range of technologies, the church was able to continue streaming services and moved to a more permanent hybrid arrangement. Whist numbers were still a little down in our Sunday meetings some returned when they could, and some chose to stay at home and watch online. Community hubs mainly facilitated through WhatsApp continue to be used to facilitate regular contact and support throughout the Church family.
## **Church Leadership/Staff Team**
ACC continued to follow a revised leadership structure based on a shared leadership model. Staff Elders and a Staff Director met regularly, joint Elders/Directors meetings and 'Away-day' sessions were also scheduled throughout the year, with external training and input included.
## **Charitable Activities - Review of Local Missions and Community Activities**
ACC focused activities mainly on the local community throughout the year. ACC endeavored to engage where it is possible. Activities are still contained due to COVID, however, it has been more possible to carry out a number of planned activities whilst still observing COVID 19 restrictions. The range of community related activities included support for local individuals and families, working in conjunction with Hawbush Community Gardens and with several schools when it was appropriate to do so.
## **Children and Families**
Despite COVID restrictions ACC's Children's worker along with volunteers ran several family and group activities online. Innovative ways to connect with church families and the local community were introduced; weekly zoom calls and activity packs were used to ensure connection continued until it was safe to meet face to face. ACC also ran a kid's fundraiser online raising money for charities the children wanted to support by recording actions to songs, competitions and cutting and donating hair.
Later in the year small groups were able to get together and enjoy crafts, games and extra activities families. The team ran six free events for families on Hawbush providing food and activities to local families. ACC also ran an Easter, Summer and Christmas lunch club (in total 6 days of provision) in partnership with Dudley Council for Voluntary Services offering the Dudley Holiday Activity Fun (HAF) program. This program encourages eligible children to access a variety of family sessions at no cost. These include healthy eating, organised activities, and sports. These events were adapted to meet the government COVID guidelines at the time.
Sunday Morning groups were relaunched in May 2021 and the weekly parent and toddler group was relaunched in September 2021.
In Partnership with DMBC Children Services ACC ran a Parenting course for local parents who felt they needed extra support in their parenting. It began in March 2022 but is planned for 6 weeks with the plans to repeat this course in the future.
ACC returned to providing an in-house Christmas meal where people could meet who may be spending alone over Christmas. ACC again joined forces with other Organisations to run the Christmas lunch project providing hampers to local families. The Christingle went ahead and Saltmine Theatre Company performed the production 'Rapunzel' in December.
Page 3
AMBLECOTE COMMUNITY CHURCH
## Report of the Trustees
for the Year Ended 31 March 2022
## **Youth Work**
COVID 19 restrictions impacted many aspects of ACC Youth Work, however groups did go ahead when it was safe to do so. The yearly 'Mission' week took place on a condensed basis (4 days instead of 6) where the young people were able to spend time re-connecting whilst undertaking a range of different tasks to benefit the local community.
## **Supporting Work in the Dudley Borough & Nationally**
Members of the Staff Team and volunteers continued to be involved in wider Dudley Borough activities, including Leaders Networks, Charity and Voluntary sector meetings, and representation on statutory sector partnerships working groups. Staff members are also involved in Love Black Country, a network that works to unite the Church of the Black Country in support, mission and transformation. Many of these groups were able to start meeting face to face during this time.
**Black Country Food Bank** continued to receive support with food donations and regular financial giving.
**Brierley Hill Project (BHP)** - (targeted life support and mentoring) ACC has continued to support BHP in many ways including regular financial support.
**Transforming Lives for Good (TLG)** - ACC trained volunteers who had supported and mentored identified vulnerable children in local primary schools, kept in contact with the families. Additional coaching groups were ran during the latter half of the year. Two children were supported individually through the TLG program.
**UK Charity - Safe Families for Children** - A number of our church family have continued to support the charity as volunteers, signing up to be Family Friends, Resource Friends and Host Families.
**British Youth for Christ (YFC)** - ACC's commitment to supporting YFC year out programme continued. As we came out of COVID it was possible to return to the host families for the young people from the touring band 'The Sense'. It was good that the group could once again join ACC, if only for a season. During this time The Sense provided valuable support to ACC Sunday services. As previously, a YFC volunteer on the Year Out Program assisted ACC's communications and media team.
**ACC Year Out Programme** - This had been planned for some years and due to COVID postponed. During the year we have re-engaged and are now planning to start commencement of ACC's Year Out Programme in September 2022. It is encouraging that with a high level of interest shown preparation is underway to engage with people and churches to enlist around 5 young adults to join the programme.
## **International Mission Activities**
ACC's support continues to grow in the form of one off and regular financial gifts, for mission activity overseas primarily in Kenya.
**Open Doors National Charity** - ACC has continued to give regular financial and prayer support to the persecuted church worldwide by being a partner church.
## **Representing our Faith Community Politically**
ACC church family members continued to be actively involved in ensuring our faith communities' views are heard and valued at a local and national political level. This is one of the core values.
Page 4
AMBLECOTE COMMUNITY CHURCH
## Report of the Trustees
for the Year Ended 31 March 2022
## **Summary of Other Developments/Investments**
**Investment in Older Generation** - During the year a part time person was appointed to the staff team to head up this work with the older generation. This was relaunched under "Faith in Later life" and has a move away from the weekly lunchtime sessions to more activities across the calendar. From its launch it has continued to grow and provide benefit and support to this generation.
**Investment in ACC Leaders** - ACC continued to help fund part time Theological Study for ACC's children's worker and one of the staff elders.
**Building and Maintenance** - Since the refurbishing of the building there was a decision to hold off any larger improvements and to just concentrate on the usual maintenance that occurs for time to time.
**Finance** - Over the year there has been little change in the investment arrangements from the previous year's reporting.
**Little Hands Day Nursery** - The contract/hire agreement and rent paid to ACC had been re-negotiated as it remained the same in the previous year with all the issues surrounding COVID 19, we are planning to revisit again in next year's review.
## **FINANCIAL REVIEW**
## **Financial position**
The surplus of income over expenditure for the year amounted to £97 (2021 -£13,404 deficit). The unrestricted funds totalling £570,656 (2021 £567,275) and restricted funds of £20,462 (2021 £23,746), gave an overall funds total of £591,118 (2021 £591,021).
## **Principal funding sources**
The vast majority of the finances required to fund the activities were raised through regular giving and one off donations from church members, supplemented by the refund of income tax from HM Revenue & Customs through the Gift Aid scheme.
## **Reserves policy**
The ACC Reserves policy has two main objectives:
1) To ensure that there are adequate buffer funds to allow ACC operations to continue in the short term in the event that its income stream is unexpectedly interrupted. Ordinarily ACC will aim to retain approximately £25,000 in accessible reserves. The Directors may agree to permanently or temporarily suspend this level as necessary.
2) To generate sufficient funds to allow investments that secure ACC operations into the future. Any amounts over the agreed of buffer funds will be available for investments, which are intended to maintain and develop ACC operations. All investments with be consistent with ACC values.
The amount of unrestricted reserves not committed or invested in tangible fixed assets (the 'free' reserves) held at 31 March 2022 was £115,117 (2021 £95,392)
Restricted funds are disclosed in note 11
Page 5
AMBLECOTE COMMUNITY CHURCH
## Report of the Trustees
for the Year Ended 31 March 2022
## **FUTURE PLANS**
**Westminster Theological Centre Hub (WTC)** - Following ACC becoming a Partner Church along with other churches in the WTC - West Midlands Hub. This is now fully functioning, and has started well, quickly growing to 11 students. The hub is financially sound given the current number of students and current level of support from partner churches. Further student recruitment is necessary for the hub to be financially self-sufficient in the long term (c. 20 students). This has provided people with training and follows ACC policy of investing in people and Kingdom projects. We believe that this will continue to grow during this financial year and become even more robust and self-sufficient.
**Future Vision for Mission, Poor-Care, and Social Enterprise** - Launched in 2020 the Housing Stream Project which had stalled is very much alive for 2022-23. This idea was to investigate a new income generation opportunity to boost ACC's future income and to make sure we had a good diversification of our income streams. The project would broadly be based around buy-to-let property investments. Although hampered by external delays, initial research into the project is reaching its final stages of reporting.
**Youth Work** - Plans were in place to re-engage with the young people in 2021-2022 using a variety of events. Youth summer socials were planned along with the regular youth mission week and youth weekend away.
Regular youth Sunday morning sessions, Lads and Girls groups in addition to Young Leaders programs were re-launched in the Autumn.
Other planned events and the introduction of a 'Connect' group, were intended to provide young people with space to build good relationships.
**Children and Families** - ACC planned to partner again with Dudley Council for Voluntary Services offering the Dudley Holiday Activity Fun (HAF) program. This program encourages eligible children to access a variety of family sessions at no cost. These include healthy eating, organised activities, and sports. ACC planned to run six days of lunch clubs spread over Easter, Summer and Christmas.
Family afternoons at Hawbush Community Gardens are also planned throughout the year along with other seasonal events and activities for families involving food, craft and games. The annual Christmas Lunch Project and Christingle was scheduled to go ahead.
Children & Youth Sunday morning groups and the weekly parent and toddler group is planned to continue.
TLG early intervention coaching will pause for the next year to give volunteers a break and to allow more time for the Children's worker and other volunteers to explore other opportunities to work with local families and schools.
ACC planned to run a monthly Parent Coffee Morning at Hawbush School offering free refreshments and a place for parents to connect and share. If it is popular, there are plans to increase the regularity.
In Partnership with DMBC Children Services ACC planned to continue the Parenting course and to run additional courses in the future for parents needing support in their parenting.
**Name Change** - There are plans in this financial year to drop the trading name of Amblecote Christian Centre and just be fully known as Amblecote Community Church. This will impact signs, e-mail addresses etc., the team plan to talk to the Church family in the AGM about this.
**Kenya Trip** - A trip for some of the members of the Church family Is planned to see the work we support in Kenya.
Page 6
AMBLECOTE COMMUNITY CHURCH
## Report of the Trustees
for the Year Ended 31 March 2022
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
Amblecote Community Church is a company limited by guarantee not having a share capital, operating under a Memorandum and Articles of Association. It was incorporated on 1 September 2009, registration number 07005276. The company was registered as a charity on 11 November 2009, registration number 1132641. The charity operates under the name of Amblecote Christian Centre. The directors of the company are also the trustees of the charity.
## **Organisational structure**
New Trustees/Directors are appointed by existing Trustees/Directors. Meetings are scheduled regularly throughout the year. The group undertake the general administration and management of the Charity. They collectively practice good governance, making informed decisions based on the Charity's objectives. The Board of Trustees/Directors aim to have a broad range of business skills represented, and access specialist advice/training when appropriate.
Approved by order of the board of trustees on 22 November 2022 and signed on its behalf by:
R E Chapman - Trustee
Page 7
Independent Examiner's Report to the Trustees of AMBLECOTE COMMUNITY CHURCH
## **Independent examiner's report to the trustees of AMBLECOTE COMMUNITY CHURCH ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Association of Chartered Certified Accountants which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
S A Reeves FCCA Association of Chartered Certified Accountants S A R Accountants Shire Barn Hewell Lane Tardebigge Worcestershire
22 November 2022
Page 8
AMBLECOTE COMMUNITY CHURCH
## Statement of Financial Activities
(Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2022
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
284,256
**Charitable activities**
Youth
2,888
Older Generation
-
Activities & events
30
Other trading activities
2
160
Investment income
3
206
Other income
32,952
**Total**
320,492
**EXPENDITURE ON**
**Charitable activities**
Ministry
144,188
Youth
28,578
Children
28,030
Older Generation
9,632
UK missions and support
23,952
Overseas missions and support
-
Administration
76,870
Activities & events
482
**Total**
311,732
**NET INCOME/(EXPENDITURE)**
8,760
**Transfers between funds**
11
(5,379)
**Net movement in funds**
3,381
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
567,275
**TOTAL FUNDS CARRIED FORWARD**
570,656|Restricted
funds
£
38,354
-
1,012
450
-
-
-
39,816
29,324
-
-
4,757
3,273
9,552
828
745
48,479
(8,663)
5,379
(3,284)
23,746
20,462|31.3.22
Total
funds
£
322,610
2,888
1,012
480
160
206
32,952
360,308
173,512
28,578
28,030
14,389
27,225
9,552
77,698
1,227
360,211
97
-
97
591,021
591,118|31.3.21
Total
funds
£
265,122
17
25
630
17
230
26,268
292,309
123,021
22,007
25,244
4,767
19,126
12,907
98,185
456
305,713
(13,404)
-
(13,404)
604,425
591,021|
|---|---|---|---|
The notes form part of these financial statements
Page 9
## AMBLECOTE COMMUNITY CHURCH
## Balance Sheet
## 31 March 2022
|Notes
**FIXED ASSETS**
Tangible assets
8
**CURRENT ASSETS**
Debtors
9
Prepayments and accrued income
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
10
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
455,539
4,371
528
117,828
122,727
(7,610)
115,117
570,656
570,656|Restricted
funds
£
-
20
-
20,442
20,462
-
20,462
20,462
20,462|31.3.22
Total
funds
£
455,539
4,391
528
138,270
143,189
(7,610)
135,579
591,118
591,118
570,656
20,462
591,118|31.3.21
Total
funds
£
471,883
3,365
2,551
120,781
126,697
(7,559)
119,138
591,021
591,021
567,275
23,746
591,021|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 10
AMBLECOTE COMMUNITY CHURCH
## Balance Sheet - continued
31 March 2022
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 22 November 2022 and were signed on its behalf by:
R E Chapman - Trustee
The notes form part of these financial statements
Page 11
AMBLECOTE COMMUNITY CHURCH
Notes to the Financial Statements for the Year Ended 31 March 2022
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost Furniture and equipment - 10% on cost Fixtures and fittings - 25% on reducing balance
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 12
AMBLECOTE COMMUNITY CHURCH
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
|**2.**|**OTHER TRADING ACTIVITIES**|||
|---|---|---|---|
|||31.3.22|31.3.21|
|||£|£|
||Books, bibles and CD's|160|17|
|**3.**|**INVESTMENT INCOME**|||
||Deposit account interest|31.3.22
£
206|31.3.21
£
230|
|**4.**|**NET INCOME/(EXPENDITURE)**|||
||Net income/(expenditure) is stated after charging/(crediting):|||
||Depreciation - owned assets|31.3.22
£
16,344|31.3.21
£
16,663|
||Hire of plant and machinery|4,354|4,132|
|**5.**|**TRUSTEES' REMUNERATION AND BENEFITS**|||
||Trustees' salaries|31.3.22
£
23,000|31.3.21
£
23,000|
||Trustees' social security|1,304|1,964|
||Trustees' pension contributions to money purchase schemes|503|503|
|||24,807|25,467|
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **6. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Ministry team|31.3.22
31.3.21
6
4|
|---|---|
|Youth and children|2
2|
|Administration and support|2
1|
||10
7|
No employees received emoluments in excess of £60,000.
continued...
Page 13
## AMBLECOTE COMMUNITY CHURCH
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
|**7.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
241,126
**Charitable activities**
Youth
17
Older Generation
-
Activities & events
240
Other trading activities
17
Investment income
230
Other income
26,268
**Total**
267,898
**EXPENDITURE ON**
**Charitable activities**
Ministry
120,198
Youth
22,007
Children
25,244
Older Generation
-
UK missions and support
19,126
Overseas missions and support
3,668
Administration
97,026
Activities & events
456
**Total**
287,725
**NET INCOME/(EXPENDITURE)**
(19,827)
**Transfers between funds**
(1,902)
**Net movement in funds**
(21,729)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
589,004
**TOTAL FUNDS CARRIED FORWARD**
567,275|Restricted
funds
£
23,996
-
25
390
-
-
-
24,411
2,823
-
-
4,767
-
9,239
1,159
-
17,988
6,423
1,902
8,325
15,421
23,746|Total
funds
£
265,122
17
25
630
17
230
26,268
292,309
123,021
22,007
25,244
4,767
19,126
12,907
98,185
456
305,713
(13,404)
-
(13,404)
604,425
591,021|
|---|---|---|
continued...
Page 14
AMBLECOTE COMMUNITY CHURCH
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **8. TANGIBLE FIXED ASSETS**
|Furniture
Freehold
and
property
equipment
£
£
**COST**
At 1 April 2021 and 31 March 2022
595,539
34,751
**DEPRECIATION**
At 1 April 2021
131,021
31,219
Charge for year
11,911
3,475
At 31 March 2022
142,932
34,694
**NET BOOK VALUE**
At 31 March 2022
452,607
57
At 31 March 2021
464,518
3,532
**9.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Gift Aid Debtor
**10.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Social security and other taxes
Accrued expenses|Fixtures
and
fittings
£
26,593
22,760
958
23,718
2,875
3,833
31.3.22
£
4,391
31.3.22
£
1,451
3,152
3,007
7,610|Totals
£
656,883
185,000
16,344
201,344
455,539
471,883
31.3.21
£
3,365
31.3.21
£
2,901
2,311
2,347
7,559|
|---|---|---|
continued...
Page 15
AMBLECOTE COMMUNITY CHURCH
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **11. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Good Friday
Hardship
Hawbush
Hebrides
Youth
Gym
Theological training
**Restricted funds**
New Life
Missions
G Plunket
Hark
Media Equipment
WTC
Holiday Activity Fund
Retreats
**TOTAL FUNDS**|At 1.4.21
£
549,573
987
5,519
9,663
327
1,206
-
-
567,275
14,979
15
-
-
252
8,500
-
-
23,746
591,021|Net
movement
in funds
£
(4,204)
-
10,458
(1,639)
-
(2,177)
7,032
(710)
8,760
(3,745)
2,170
(1,382)
(295)
(586)
(5,879)
854
200
(8,663)
97|Transfers
between
funds
£
(8,538)
-
1,610
(132)
-
971
-
710
(5,379)
-
(132)
1,382
295
334
3,500
-
-
5,379
-|At
31.3.22
£
536,831
987
17,587
7,892
327
-
7,032
-
570,656
11,234
2,053
-
-
-
6,121
854
200
20,462
591,118|
|---|---|---|---|---|
continued...
Page 16
AMBLECOTE COMMUNITY CHURCH
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **11. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Hardship
Hawbush
Youth
Gym
Theological training
**Restricted funds**
New Life
Missions
G Plunket
Hark
Media Equipment
WTC
Kate Lowe
Holiday Activity Fund
Retreats
**TOTAL FUNDS**|Incoming
resources
£
293,913
13,370
-
2,887
7,032
3,290
320,492
1,012
5,443
8,170
450
-
3,146
18,295
3,100
200
39,816
360,308|Resources
Movement
expended
in funds
£
£
(298,117)
(4,204)
(2,912)
10,458
(1,639)
(1,639)
(5,064)
(2,177)
-
7,032
(4,000)
(710)
(311,732)
8,760
(4,757)
(3,745)
(3,273)
2,170
(9,552)
(1,382)
(745)
(295)
(586)
(586)
(9,025)
(5,879)
(18,295)
-
(2,246)
854
-
200
(48,479)
(8,663)
(360,211)
97|
|---|---|---|
continued...
Page 17
AMBLECOTE COMMUNITY CHURCH
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **11. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Good Friday
Hardship
Hawbush
Hebrides
Youth
**Restricted funds**
New Life
Missions
G Plunket
Hark
Media Equipment
WTC
**TOTAL FUNDS**|At 1.4.20
£
574,244
987
2,188
10,317
55
1,213
589,004
14,221
200
-
-
1,000
-
15,421
604,425|Net
movement
in funds
£
(21,768)
-
2,431
(654)
272
(108)
(19,827)
1,258
(168)
(2,324)
(95)
(748)
8,500
6,423
(13,404)|Transfers
between
funds
£
(2,903)
-
900
-
-
101
(1,902)
(500)
(17)
2,324
95
-
-
1,902
-|At
31.3.21
£
549,573
987
5,519
9,663
327
1,206
567,275
14,979
15
-
-
252
8,500
23,746
591,021|
|---|---|---|---|---|
continued...
Page 18
AMBLECOTE COMMUNITY CHURCH
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **11. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Hardship
Hawbush
Hebrides
Youth
**Restricted funds**
New Life
Missions
G Plunket
Hark
Media Equipment
WTC
**TOTAL FUNDS**|Incoming
resources
£
260,305
7,304
-
272
17
267,898
6,025
2,993
4,979
415
1,499
8,500
24,411
292,309|Resources
Movement
expended
in funds
£
£
(282,073)
(21,768)
(4,873)
2,431
(654)
(654)
-
272
(125)
(108)
(287,725)
(19,827)
(4,767)
1,258
(3,161)
(168)
(7,303)
(2,324)
(510)
(95)
(2,247)
(748)
-
8,500
(17,988)
6,423
(305,713)
(13,404)|
|---|---|---|
## **12. RELATED PARTY DISCLOSURES**
Trustee, Mr R E Chapman, is also a director and shareholder of A.E.Chapman & Co (Old Hill) Limited. During the year the charity purchased goods and services from A.E. Chapman & Co (Old Hill) Limited amounting to £4,719 (2021 £3,373).
Page 19
AMBLECOTE COMMUNITY CHURCH
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
|Detailed Statement of Financial Activities
for the Year Ended 31 March 2022|||
|---|---|---|
||31.3.22|31.3.21|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|256,004|207,157|
|Gift aid|49,193|41,965|
|Legacies|14,313|-|
|Grants|3,100|16,000|
|**Other trading activities**|322,610|265,122|
|Books, bibles and CD's|160|17|
|**Investment income**|||
|Deposit account interest|206|230|
|**Charitable activities**|||
|Youth ministry|2,888|17|
|New Life|1,012|25|
|Activities and events|480|630|
|**Other income**|4,380|672|
|Other income|32,952|19,521|
|COVID 19 Support|-|6,747|
||32,952|26,268|
|**Total incoming resources**|360,308|292,309|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Trustees' salaries|23,000|23,000|
|Trustees' social security|1,304|1,964|
|Trustees' pension contributions|503|503|
|Wages|136,487|109,555|
|Social security|6,688|4,847|
|Pensions|5,029|4,742|
|Donations and gifts|32,698|18,759|
|UK missions and support|23,625|19,126|
|Overseas missions and support|13,152|12,907|
|Retreats and study tours|100|70|
|Carried forward|242,586|195,473|
This page does not form part of the statutory financial statements
Page 20
AMBLECOTE COMMUNITY CHURCH
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
|Detailed Statement of Financial Activities
for the Year Ended 31 March 2022|||
|---|---|---|
||31.3.22|31.3.21|
||£|£|
|**Charitable activities**|||
|Brought forward|242,586|195,473|
|Sundries|-|1,894|
|Subsistence and expenses|4,406|1,197|
|Fellowship and outreach|507|494|
|Publications and manuals|2,193|1,295|
|Training and conferences|11,016|3,727|
|Outings and events|9,750|740|
|Food, drink and consumables|1,796|-|
|Visiting ministry and hospitality|438|150|
|Communications|1,059|1,182|
|**Support costs**|273,751|206,152|
|**Management**|||
|Wages|15,480|11,521|
|Pensions|52|141|
|Hire of equipment|4,354|4,132|
|Water and refuse|2,255|2,074|
|Insurance|2,353|2,085|
|Light and heat|8,811|8,060|
|Telephone|4,772|7,172|
|Postage and stationery|676|554|
|Advertising|50|-|
|Licences, permits and IT support|3,778|3,612|
|Cleaning and disposables|8,002|7,485|
|Hospitality and refreshments|1,429|177|
|Computer equipment|3,023|4,323|
|Repairs and maintenance|8,685|26,163|
|Sundry expenses|567|105|
|Consultancy|50|-|
|Accountancy and legal fees|4,437|3,950|
|Freehold property|11,911|11,911|
|Depn of equipment and furniture|958|1,277|
|Fixtures and fittings|3,475|3,475|
|**Finance**|85,118|98,217|
|Bank charges|442|444|
|**Governance costs**|||
|Accountancy and legal fees|900|900|
|Total resources expended|360,211|305,713|
|**Net income/(expenditure)**|97|(13,404)|
||||
This page does not form part of the statutory financial statements
Page 21