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2022-12-31-accounts

Charity Registration Charity Registration Number 1134064
Incumbent (Chair) Rev. Emma Sykes
Curate Rev Susan Pearson (from 26June 2021)
Church Wardens Simon Dodson
Jane Wood
Treasurer Simon Dodson
Secretary Jane Smith (co-opted)
Elected Members Rebecca Helmn
Constance
Dangare
Barbara Ubah
Derek Haywood
Louise Ordidge
Sandra Rogers
Rev Margaret
Robinson (Co-opted)
Sholadoye
Bababunmi
(appointed May 2022)
Registered Address High Street
Erdington
Birmingham
B236SY
Independent Examiner Adam Bexon MChem FCA
Harwoods
Chartered
Accountants
1Trinity Place
Sutton
Col dfield
B72 1TX
Bankers Lloyds Bank
207 High Street
Erdington
Birmingham
B236SZ

Note Unrestricted Restricted Total Funds Total Funds
Funds Funds 2022 2021
INCOMING
RESOURCES
Donors 2a 42,032 42,032 43,263
Other voluntary
donors
2b 12,901 12,901 21,032
Operating
activities
2c 108,251 108,251 95,726
Interest received 2d 689 112 801 58
Otherincome 2e 15,741 15,741 12,382
Investment
income
2f 84,875 12,266 97,141 97,757
TOTAL INCOMING
RESOURCES
264,489 12,378 276,867 270,218
Resources .xpended
Grants 3a 1,391 1,391 1,345
Activities directly related
to the work ofthe Church 3b 339,462 21,300 360,762 303,893
Church management
8
administration 3c 15,476 15,476 8,303
TOTAL RESOURCES EXPENDED 354,938 22,691 377,629 313,541
Net (outgoing)/incoming resources (90,449) (10,313) (100,762) (43,323)
for the year
(Losses)/gains
on investment
Realised 34,822
Unrealised (238,277) (55,081) (293,358) 281,160
Transfers
between
funds
1,524 (1,524)
Balances brought forward at 2,446,259 484,118 2,930,377 2,657,717
1January 2021
Balances carried forward at 2,119,057 417,200 2,536,257 2,930,377
31December 2021

Note 2022 2021
FIXEDASSETS
Tangible fixed assets 4a 250,621 252,621
Investment
assets
4b 2,204,182 2,497,539
2,454,803 2,750,160
CURRENT ASSETS
Stocks 1,082 631
Short term deposits 16,855 68,561
Debtors and prepayments 19,372 18,782
Cash at bank and in hand 63,218 115,424
100,527 203,398
CURRENT LIABILITIES
Creditors: amounts falling due
within one year 6 19,073 23,181
NET CURRENT ASSETS 81,454 180,217
NET ASSETS 2,536,257 2,930,377
FUNDS
Unrestricted
-Other
43,500 247,190
Designated
—Rebuilding
fund 2,075,557 2,199,069
2,119,057 2,446,259
Restricted 9 &.10 417,200 484,118
2,536,257 2,930,377
Approved by the Parochial Church Council on and signed on its behalf by

Unrestricted Restricted Tota I Total
Funds Funds 2022 2021
Collections
Planned giving
Gift Aid & pledged giving 29,211 29,211 29,088
Income tax recoverable 7,771 7,771 12,117
Open plate 5,050 5,050 2,058
42,032 42,032 43,263

Unrestricted Restricted Total Total
Funds Funds 2022 2021
Donations
Special 5,527 5,527 4,840
Government Grants —Energy 8 7,374 7,374 16,192
Covid
12,901 12,901 21,032
Unrestricted Restricted Tota I Tota
I
Funds Funds 2022 2021
Cafe takings 45,184 45,184 29,634
Church Centre lettings 59,291 59,291 63,982
PCCfees 3,680 3,680 1,890
Traidcraft 96 96 220
108,251 108,251 95,726
INTEREST RECEIVED
Unrestricted Restricted Tota I Total
Funds Funds 2022 2021
E E
General funds 689 689 43
Machin fund 112 112 15
689 112 801 58

Unrestricted Restricted Tota I Tata I
Fundsf Funds 2022
f
2021
f
Rent 6,100 6,100 7,625
Curate Housing Contribution 7,500 7,500 4,375
Insurance Claim 2,139 2,139
Sundry Income 2 2 382
15,741 15,741 12,382
INVESTMENT INCOME
Unrestricted Restricted Total Total
Funds Funds 2022 2021
f f f f
General funds 84,875 84,875 85,884
Machin fund 10,301 10,301 9,963
Specific funds 1,965 1,965 1,910
84,875 12,266 97,141 97,757
3. RESOURCES EXPENDED
a GRANTS
Unrestricted Restricted Tota
I
Tota I
Funds Funds 2022 2021
f f f
Subscriptions &donations 1,391 1,391 1,345
1,391 1,391 1,345

3. RESOURCES EXPEND ED CONTINUED ED CONTINUED
b ACTIVITES DIRECTLY RELATING TO THE WOI 15 ,'IE CHURCH
Unres Restricted Total Tota
I
Funds E Funds E 2022 E 2021 E
Diocesan parish share 68,302 68,302 68,302
Insurance 6,965 6,965 6,780
Heating 8 lighting 27,765 27,765 25,314
Water rates 1,716 1,716 713
Alarm 8 security 6,126 6,126 2,384
Repairs, Maintenance &
RunningCosts:
Church fabric &.centre 38,040 38,040 43,041
Clergy house 6,665 6,665 5,722
Churchyard 504 504 6,701
Cleaning 3,006 3,006 1,792
Telephone
& Broadband
8,773 8,773 8,017
Clergy expenses 795 795 709
Organist
&,musicians
1,025 1,025
Traidcraft 88
Room Hire 76 76 398
Cafe costs 21,713 21,713 11,036
Cafe wages & national
insurance 47,277 47,277 34,862
Church Centre costs;
Church Centre salaries
& national
insurance
69,506 21,300 90,806 85,787
Church
running
costs
13,471 13,471 3,919
Redundancy 2,914
Churchyard
Deevelopment
Cost 17,736 17,736
Write Offs —Prior Years (4,586)
339,462 21,300 360,762 303,893
c CHURCH MANAGEMENT &ADMINISTRATION
Unrestricted Restricted Total Total
Funds
E
Funds E 2022 E 2021E
Printing stationery
&
office expenses 1,435 1,435 1,692
Bank charges 747 747 547
Credit card charges 784 784 720
Website 409 409 86
Professional
charges
6,967 6,967 4,267
Depreciation 5,134 5,134 748
Marketing 243
15,476 15,476 8,303

Land 8 Plant &
Total ~Buildin ~EEEE
E E
At 1January 2022 268,405 240,082 28,323
Additions 3,135 3,135
Disposals
At 31December 2022 271540 240 082 31458
DEPRECIATION
At 1January 2022 15,784 15,784
Charge for the year 5,135 5,135
Relating to disposals
At 31December 2022 20919 20919
IEIFT ROOK VALUE
At 31Decemoer ~ug 2 250 621 240 082 10539

omparative
information
in respect
ofthe proceedings
pe
riod is as fo llows:
Land &. Plant &
Total ~Buildin ~E
E E
At 1January 2021 15,036 15,036
Additions 253,369 240,082 13,287
Disposals
At 31December 2021 268 405 240 082 28323
At 1January 2021 15,036 15,036
Charge for the year 748 748
Disposals
At 31December 2021 15784 ~15784
NET BOOK VALUE 31/12/21 252 621 240 082 12539

INVESTMENT ASSET
Market value at 1January 2022 2,497,540 2,431,557
Acquisitions
at cost
Sales proceeds from disposals (250,000)
Gains/(loss)
in the year- realised
34,822
- unrealised (293,358) 281,160
Market value at 31December 2022 2,204,182 2,497,539
5. DEBTORS
2022 2021
f 6
Trade debtors 6,414 9,037
Prepayments 8 accrued income 4,328 3,875
Other debtors 8,630 5,870
19,372 18,782
6. CREDITORS
2022 2021
E E
Trade creditors 7,055 8,669
Accruals
Ik deferred
income 9,917 5,698
Mission giving —current year
Amounts
due to Third Parties
400
Other taxes and social security costs 1,701 8,814
19,073 23,181

2022 2021
f f
Balance as at 1January 247,190 (26,295)
Interest 676 43
Investment Income 9851 9007
257,716 (17,245)
Gain/(Loss) on investment
realised (20,506)
unrealised (16,294) 39,130
Transfer from/(to) designated fund (3,131) 326,040
Transfer from/(to) restricted fund 950 20,264
Net incoming(outgoing) resources for the year (175,236) (120,999)
Balance as at31December 43,500 247,190
DESIGNATED FUNDS Rebuilding Rebuilding
Fund Fund
2022 2021
f f
Balance at 1January 2,198,231 2,248,236
Interest 13 1
Investment income 75,598 76,878
2,273,842 2,325,115
Gain/(loss) on investment - Realised 34,822
—Unrealised (201,477) 183,966
Transfer to General Fund (326,878)
Expenditure (18,794)
Balance at 31December 2,072,366 2,198,231

FOR THE YEAR END ED 31 DECE MBER 2022 MBER 2022
2022 2021
Small Deginated funds
Community
Hub Fund
1,005 838
Youth Fund 2,000 0
Flower Fund 8 0
Youth Alpha
Fund
178 0
3 19 838
Total - Designated 2 5755 557 ~21 9069
RESTRICTED FUNDS - BEQUESTS
Invested Market Income Donation to Total
~Ca ital Value Diocesan
31.12.2022 d d
Grave maintenance -Dean 54
- Pearl 148 90
- Swindell 659 394
—Turner 344 206
-Vincent 128
Sunday School outings/parties - Hailston 1,083 656 19 19
Memonal tablet maintenance - Rollason 129 78
Grave maintenance
use
&general - Robbins 101 2,521 75 75
—Tilley 250 5,021 149 149
Family grave maintenance -yyilkins 200 4,463 133 133
Grave maintenance &choir -Ieacock 750 449 13 13
outings
Endowment
augmentation
—Swindell 1,000 46,777 1,391 (1,391)
Evangelical
training
—Fowler 100 5,351 159 159
4,980 66,138 1,965 (1,391) 574
Transfertogeneral fund 574

Comparative information in respect ofthe proceeding in respect ofthe proceeding period period is as follows;
RESTRICTED FUNDS— Invested Market Income Donation to Total
BEQUESTS CONTINUED ~Ca ital Value
31.12.2021
Diocesan
dodd
E
Grave maintenance - Dean 88 62
- Pearl 148 104
- Swin dell 659 455 13 13
-Turner 344 237
- Vincent 128 91
Sunday School outings/parties - Hailston 1,083 757 21 21
Memorial tablet maintenance - Rollason 129 91
Grave maintenance &general - Robbins 101 2,857 73 73
use
- Tilley 250 5,691 144 144
Family grave maintenance - Vyilkins 200 5,058 128 128
Grave maintenance
outings
&choir -Jeacock 750 519 14 14
Endowment
augmentation
- Swindell 1,000 53,019 1,345 l1,345)
Evangelical
training
- Fowler 100 6,065 154 154
4,980 75,006 1,909 l1,345) 564
Transfer to general fund ~564

RESTRICTED FUND RESTRICTED FUND - OTHER
Machin Machin
Fund Fund
2022 2021
f f
Balance at 1January 409,111 369,702
Investment income 10,301 9,963
Interest 112 15
Gain/(loss)on investment (46,213) 49,132
-unrealised
373,311 428,812
Expenditure
Transfer to General
Fund (21,300)
~999
~19700
Balance at 31December 351,062 409,111

Unrestricted Restricted ~di
d
Total
Funds Funds Funds 2022
2022 f f f f
Fixed assets for Church use 10,540 240,082 250,622
Investment fixed assets 276,010 412,504 1,515,667 2,204,181
Current assets (223,977) 4,696 319,808 100,527
Current
liabilities
(19,073) (19,073)
Fund balance 43,500 417,200 2,075,557 2,536,257
Comparative information in respect ofthe proceeding
period
is as follows;
Unrestricted Restricted ~di
td
Tata
I
Funds Funds Funds 2021
2021 f f f f
Fixed assets for Church use 12,539 240,082 252,621
Investment fixed assets 312,809 467,585 1,717,145 2,497,539
Current assets (54,977) 16,532 241,842 203,397
Current
liabilities
(23,181) (23,181)
Fund balance 247,190 484,117 2,199,069 2,930,376

he reimbursement
oftrustee
s'
expenses was as follows:
2022 2021 2022 2021
Number Number E E
Travel 102 449
1 102 449

2022 2021
E E
Wages and Salaries 132,866 116,492
Social Security 2,978 2,242
Defined Pension Cost 2,239 1,915
138,083 120,649