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2023-03-31-accounts

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 2023

for

AMBLECOTE COMMUNITY CHURCH

S A R Accountants Tower View Broadway Road Childswickham Broadway Worcestershire WR12 7HD

AMBLECOTE COMMUNITY CHURCH

Contents of the Financial Statements for the Year Ended 31 March 2023

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8 to 9
Notes to the Financial Statements 10 to 17
Detailed Statement of Financial Activities 18 to 19

AMBLECOTE COMMUNITY CHURCH Reference and Administrative Details for the Year Ended 31 March 2023

TRUSTEES

R E Chapman J Cook E Morse-Brown

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 Tower View Broadway Road Childswickham Broadway Worcestershire WR12 7HD

Page 1

AMBLECOTE COMMUNITY CHURCH

Report of the Trustees

for the Year Ended 31 March 2023

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 2023. 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:

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.

Charitable activities introduction

Following the ending of the pandemic and Lockdowns, the Elders and Directors decided to continue streaming services in a more permanent hybrid arrangement. Whilst numbers were still a little down in our Sunday meetings, more church members returned but some still appreciated the opportunity to stay at home and watch online. Community hubs formed in the pandemic, 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. The Staff team continues to be strong, monthly meetings take place with an away day once a year.

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 2023

ACHIEVEMENT AND PERFORMANCE 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. The range of community related activities included support for local individuals and families, working in conjunction with Hawbush Community Gardens, the Brierley Hill Project and with several schools locally.

Children & Families

Sunday morning groups for children aged 0-14 ran as normal. The weekly Tots group for local parents and toddlers ran weekly in the term time and saw around 20 children attending each week.

The family outreach team ran seven free events for families on Hawbush including a party for the Queen's Jubilee and a Christmas Wonderland, all on Hawbush Community Gardens and providing food and activities. Many of these events were run in partnership with other organisations including EKHO collective and Top Church Training. ACC were also involved in conversations and plans to renovate the building and create a playground at Hawbush Community Gardens. 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.

The family outreach team launched monthly parent coffee mornings at Hawbush school in September 2022. These ran until Jan 2023 but had to be put on pause while we reviewed the venue for them. The team also ran a Family Light Party in October 2022 and a Pancake party in March 2023.

ACC provided an in-house Christmas meal where people could meet who may be spending alone over Christmas. ACC partnered with Black Country Food Bank to provide meal bags for local families including all the ingredients for a meal and instructions to cook it. The Christingle went ahead and Saltmine Theatre Company performed the production 'Neverland' in December.

Youth

Regular youth Sunday morning sessions continued, Lads and Girls group continued to meet in term time and the Young leaders program was put on pause. Connect group was launched for 11-16 year olds and ran monthly with food and activities to help young people to connect with one another and the leaders.

In the summer of 2022, the youth department went through a transition period from being run by a full time paid youth worker to being run mostly by volunteers. The yearly mission week ran in the summer where young people made good relationships and helped the community through gardening, litter picking, painting and more.

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 and momentum is building again.

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, volunteers, and regular input for the team based there.

Page 3

AMBLECOTE COMMUNITY CHURCH

Report of the Trustees for the Year Ended 31 March 2023

Transforming Lives for Good (TLG) - We have decided to pause this partnership for a season as other areas have taken priority.

UK Charity - Safe Families for Children - Several 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. However, YFC are going through some internal discussions and reviewing the future so we anticipate some changes in the future.

ACC Year Out Programme - This was established and ran from September 2022 and is planned until July 2023. We have several young people signed up and one of our staff team is going to run it.

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. During this financial year there was a "mission" trip to two of the projects we support where several of our members went across to visit and report back.

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.

Summary of Other Developments/Investments

Investment in Older Generation - As mentioned in last year's report, a part time person was appointed to the staff team to head up this work with the older generation. This has been a great success and we have seen several initiatives start which has strengthened but also brought diversification to this group.

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 - The building is in good repair so apart from regular general maintenance and small tweaks we have no plans for any larger improvements.

Finance - Over the year there has been little change in the investment arrangements from the previous year's reporting.

Little Hands Day Nursery - We continue to have a good working relationship with the nursery owners. They maintain their spaces to a high standard, and we keep the financial arrangement under review with the escalation of costs.

FINANCIAL REVIEW

Financial position

There is a deficit of income over expenditure for the year amounting to £44,323 (2022 £97 surplus). Unrestricted funds totalling £533,487 (2022 £570,656) and restricted funds of £13,308 (2022 £20,462), gave an overall funds total of £546,795 (2022 £591,118).

Principal funding sources

Most 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. We also have the rent from Little Hands that is a significant amount.

Page 4

AMBLECOTE COMMUNITY CHURCH

Report of the Trustees for the Year Ended 31 March 2023

FINANCIAL REVIEW

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 2023 was £90,635 (2022 £115,117)

Restricted funds are disclosed in note 11

FUTURE PLANS

Staff Team - We anticipate some changes in the staff team as we continue to keep things as lean as possible. We will continue to maximize the team's time and look at diversification of their roles where the use of their skills can take place, while also delivering their assigned roles.

Future Vision for Mission, Poor-Care, and Social Enterprise - Due to the challenges in the current climate action in these areas has been difficult, however we are committed to keep monitoring all these areas and to continue to be as generous as we can be in mission and poor-care as we are aware many Charites and individuals are struggling in these times.

Children's and Families - There are plans to restart the coffee mornings in Autumn 2023 but combine them with older generation work. The team is also planning to run a family alpha weekend in Autumn 2023.

The Tots team are also exploring moving Tots to partner with Brierley Hill Methodist Church.

Youth - There are plans to form a youth leadership team that will oversee the youth activities and support the volunteers. There are plans to increase the regularity of connect to twice a month. Mission is planned to go ahead in August 2023 and plans to relaunch the Young Leaders program.

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 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 ............................................. and signed on its behalf by:

.......................................................................... R E Chapman - Trustee

Page 5

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 2023.

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 member of the 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

The Association of Chartered Certified Accountants

S A R Accountants Tower View Broadway Road Childswickham Broadway Worcestershire

Date: .............................................

Page 6

AMBLECOTE COMMUNITY CHURCH

Statement of Financial Activities

(Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
283,131
Charitable activities
Youth
8,045
Older Generation
-
Activities & events
175
Other trading activities
2
386
Investment income
3
621
Other income
23,522
Total
315,880
EXPENDITURE ON
Charitable activities
Ministry
158,102
Youth
11,902
Children
33,337
Older Generation
9,691
UK missions and support
19,740
Overseas missions and support
17,811
Administration
93,371
Activities & events
3,547
Total
347,501
NET INCOME/(EXPENDITURE)
(31,621)
Transfers between funds
11
(5,548)
Net movement in funds
(37,169)
RECONCILIATION OF FUNDS
Total funds brought forward
570,656
TOTAL FUNDS CARRIED FORWARD
533,487		 Restricted
funds
£
31,027
-
3,634
2,314
-
-
-
36,975
17,417
-
4,254
6,579
8,113
12,241
-
1,073
49,677
(12,702)
5,548
(7,154)
20,462
13,308		 31.3.23
Total
funds
£
314,158
8,045
3,634
2,489
386
621
23,522
352,855
175,519
11,902
37,591
16,270
27,853
30,052
93,371
4,620
397,178
(44,323)
-
(44,323)
591,118
546,795		 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

The notes form part of these financial statements

Page 7

AMBLECOTE COMMUNITY CHURCH

Balance Sheet

31 March 2023

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
£
442,852
3,932
554
96,608
101,094
(10,459)
90,635
533,487
533,487		 Restricted
funds
£
-
20
-
13,288
13,308
-
13,308
13,308
13,308		 31.3.23
Total
funds
£
442,852
3,952
554
109,896
114,402
(10,459)
103,943
546,795
546,795
533,487
13,308
546,795		 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

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 8

AMBLECOTE COMMUNITY CHURCH

Balance Sheet - continued

31 March 2023

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 ............................................. and were signed on its behalf by:

.............................................

R E Chapman - Trustee

The notes form part of these financial statements

Page 9

AMBLECOTE COMMUNITY CHURCH

Notes to the Financial Statements for the Year Ended 31 March 2023

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 10

AMBLECOTE COMMUNITY CHURCH

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

2. OTHER TRADING ACTIVITIES

2. OTHER TRADING ACTIVITIES
31.3.23 31.3.22
£ £
Books, bibles and CD's 386 160
3. INVESTMENT INCOME
Deposit account interest 31.3.23
£
621		 31.3.22
£
206
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets 31.3.23
£
12,687		 31.3.22
£
16,344
Hire of plant and machinery 4,491 4,354
5. TRUSTEES' REMUNERATION AND BENEFITS
Trustees' salaries 31.3.23
£
23,001		 31.3.22
£
23,000
Trustees' social security 1,148 1,304
Trustees' pension contributions to money purchase schemes 503 503
24,652 24,807

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.

6. STAFF COSTS

The average monthly number of employees during the year was as follows:

Ministry team 31.3.23
31.3.22
7
6
Youth and children 1
2
Administration and support 2
2
10
10

No employees received emoluments in excess of £60,000.

continued...

Page 11

AMBLECOTE COMMUNITY CHURCH

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
284,256
Charitable activities
Youth
2,888
Older Generation
-
Activities & events
30
Other trading activities
160
Investment income
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
(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		 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

continued...

Page 12

AMBLECOTE COMMUNITY CHURCH

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

8. TANGIBLE FIXED ASSETS

Furniture
Freehold
and
property
equipment
£
£
COST
At 1 April 2022 and 31 March 2023
595,539
34,751
DEPRECIATION
At 1 April 2022
142,932
34,694
Charge for year
11,911
57
At 31 March 2023
154,843
34,751
NET BOOK VALUE
At 31 March 2023
440,696
-
At 31 March 2022
452,607
57
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
23,718
719
24,437
2,156
2,875
31.3.23
£
3,952
31.3.23
£
938
2,666
6,855
10,459		 Totals
£
656,883
201,344
12,687
214,031
442,852
455,539
31.3.22
£
4,391
31.3.22
£
1,451
3,152
3,007
7,610

continued...

Page 13

AMBLECOTE COMMUNITY CHURCH

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

11. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Good Friday
Hardship
Hawbush
Hebrides
Kenya Food Programme
Gym
Restricted funds
New Life
Missions
G Plunket
Hark
Westminster Theological Hub
Kate Lowe
Holiday Activity Fund
Retreats
Arnold Clark Youth Grant
TOTAL FUNDS		 At 1.4.22
£
536,831
987
17,587
7,892
327
-
7,032
570,656
11,234
2,053
-
-
6,121
-
854
200
-
20,462
591,118		 Net
movement
in funds
£
(22,849)
-
358
(2,608)
-
510
(7,032)
(31,621)
(2,913)
(4,153)
(1,470)
(393)
(3,640)
(100)
94
(153)
26
(12,702)
(44,323)		 Transfers
between
funds
£
(4,960)
(987)
399
-
-
-
-
(5,548)
-
2,100
1,470
393
1,500
100
11
-
(26)
5,548
-		 At
31.3.23
£
509,022
-
18,344
5,284
327
510
-
533,487
8,321
-
-
-
3,981
-
959
47
-
13,308
546,795

continued...

Page 14

AMBLECOTE COMMUNITY CHURCH

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

11. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Hardship
Hawbush
Kenya Food Programme
Gym
Restricted funds
New Life
Missions
G Plunket
Hark
Westminster Theological Hub
Kate Lowe
Holiday Activity Fund
Retreats
Arnold Clark Youth Grant
TOTAL FUNDS		 Incoming
resources
£
302,148
1,408
1,035
2,429
8,860
315,880
3,666
10,142
9,631
680
7,508
-
4,348
-
1,000
36,975
352,855		 Resources
Movement
expended
in funds
£
£
(324,997)
(22,849)
(1,050)
358
(3,643)
(2,608)
(1,919)
510
(15,892)
(7,032)
(347,501)
(31,621)
(6,579)
(2,913)
(14,295)
(4,153)
(11,101)
(1,470)
(1,073)
(393)
(11,148)
(3,640)
(100)
(100)
(4,254)
94
(153)
(153)
(974)
26
(49,677)
(12,702)
(397,178)
(44,323)

continued...

Page 15

AMBLECOTE COMMUNITY CHURCH

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

11. MOVEMENT IN FUNDS - continued

Comparatives for 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
Westminster Theological Hub
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 2023

11. MOVEMENT IN FUNDS - continued

Comparative 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
Westminster Theological Hub
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

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 £2,224 (2022 £4,719).

Page 17

AMBLECOTE COMMUNITY CHURCH

Detailed Statement of Financial Activities for the Year Ended 31 March 2023

Detailed Statement of Financial Activities
for the Year Ended 31 March 2023
31.3.23 31.3.22
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 256,837 256,004
Gift aid 47,563 49,193
Legacies - 14,313
Grants 9,758 3,100
Other trading activities 314,158 322,610
Books, bibles and CD's 386 160
Investment income
Deposit account interest 621 206
Charitable activities
Youth ministry 8,045 2,888
New Life 3,634 1,012
Activities and events 2,489 480
Other income 14,168 4,380
Other income 23,522 32,952
Total incoming resources 352,855 360,308
EXPENDITURE
Charitable activities
Trustees' salaries 23,001 23,000
Trustees' social security 1,148 1,304
Trustees' pension contributions 503 503
Wages 136,743 136,487
Social security 5,754 6,688
Pensions 4,975 5,029
Donations and gifts 17,265 32,698
UK missions and support 27,853 23,625
Overseas missions and support 30,052 13,152
Retreats and study tours 3,371 100
Subsistence and expenses 7,626 4,406
Fellowship and outreach 5,454 507
Publications and manuals 3,954 2,193
Carried forward 267,699 249,692

This page does not form part of the statutory financial statements

Page 18

AMBLECOTE COMMUNITY CHURCH

Detailed Statement of Financial Activities for the Year Ended 31 March 2023

Detailed Statement of Financial Activities
for the Year Ended 31 March 2023
31.3.23 31.3.22
£ £
Charitable activities
Brought forward 267,699 249,692
Training and conferences 9,336 11,016
Outings and events 10,618 9,750
Food, drink and consumables 2,471 1,796
Visiting ministry and hospitality 652 438
Communications 2,728 1,059
Support costs 293,504 273,751
Management
Wages 15,670 15,480
Pensions 28 52
Hire of equipment 4,491 4,354
Water and refuse 1,964 2,255
Insurance 2,375 2,353
Light and heat 18,950 8,811
Telephone 4,853 4,772
Postage and stationery 799 676
Advertising 50 50
Licences, permits and IT support 3,636 3,778
Cleaning and disposables 10,186 8,002
Hospitality and refreshments 1,920 1,429
Equipment 2,606 3,023
Repairs and maintenance 9,991 8,685
Sundry expenses 1,868 567
Consultancy 720 50
Accountancy and legal fees 9,544 4,437
Freehold property 11,911 11,911
Depn of equipment and furniture 719 958
Fixtures and fittings 57 3,475
Finance 102,338 85,118
Bank charges 436 442
Governance costs
Accountancy and legal fees 900 900
Total resources expended 397,178 360,211
Net (expenditure)/income (44,323) 97

This page does not form part of the statutory financial statements

Page 19