| Page | |
|---|---|
| Reference and Administrative Details |
|
| Report ofthe Trustees | 2to6 |
| Report ofthe Independent Auditors |
7to9 |
| Statement of Financial Activities |
to |
| Balance Sheet | |
| Cash Flow Statement | 12 |
| Notes to the Cash Flow Statement | 13 |
| Notes to the Financial Statements | 14to 21 |
| Detailed Statement ofFinancial Activities | 22 |
| Trustees | Deacon A Afiport | Deacon A Afiport | |||||
|---|---|---|---|---|---|---|---|
| Rev | I Bafiard (appointed | 7 May 2022) | |||||
| Rev | J Braund (resigned | 31 August 2022) | |||||
| MsSClutterbuck | |||||||
| P Dipple | |||||||
| Rev | C Hague (resigned | 31 August 2022) | |||||
| Rev | N Headley (Chair, appointed | 1 September 2022) | |||||
| Rev | I Howarth (resigned |
31 August 2022) | |||||
| Rev | N Johnson (resigned | 31 August 2022) | |||||
| Rev | D Koflie-Wifiiams (appointed |
11September 2021) | |||||
| Rev | 6 Levett | ||||||
| Mrs | H Lynskey (resigned | 31 December 2021) | |||||
| Rev | F Mapamula (resigned 11September 2021) |
||||||
| C Osbom | |||||||
| T Pethick | |||||||
| Rev | K Pickering (resigned | 31 August 2022) | |||||
| Rev | A Richards (appointed | 1 September 2022) | |||||
| Deacon M Slows | |||||||
| Rev | A Smith | ||||||
| MsSA Smith | |||||||
| Rev Rev |
J BSuray N SJSuray (resigned |
31 August 2022) | |||||
| Rev | J Thornton (appointed |
1 September 2022) | |||||
| Mrs | JTolley (appointed | 1 September 2022) | |||||
| H Watton (appointed 1 September 2022) |
|||||||
| Mrs | G RWefier | ||||||
| Rev | SWilley (appointed | 1 | September 2022) | ||||
| Mrs | H EWoodafi | ||||||
| Mrs | GWoolf (resigned 31 | August | 2022) | ||||
| Registered | Charity number | 1134167 | |||||
| Principal address | 36Amesbury Road |
||||||
| Moseley | |||||||
| Birmingham | |||||||
| West Midlands | |||||||
| B138LE | |||||||
| Auditors | Haines Watts Birmingham | LLP | |||||
| 5-6Greenfield Crescent | |||||||
| Edgbaston | |||||||
| Birmingham | |||||||
| B153BE | |||||||
| Bankers | Trustees for Methodist Church Purposes |
||||||
| Oldham Street | |||||||
| Manchester | |||||||
| M1 1JQ | |||||||
| Central Finance Board ofthe Methodist | Church | ||||||
| 9 Bonhifi Street | |||||||
| London | |||||||
| EC2A 4PE | |||||||
| Co-operative Bank |
|||||||
| PO Box250 | |||||||
| Skelmersdale | |||||||
| WN8 6WT | |||||||
| Page 1 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| funds | funds | Funds | Funds | ||||||
| Notes | 6 | E | E | 5 | |||||
| INCOME AND ENDOWMENTS | FROM | ||||||||
| Donations and legacies Investment income |
591,655 953 |
473,444 3,758 |
1,065,099 ~4709 |
997,650 2,157 |
|||||
| Total | 592,608 | 477,200 | 1,069,808 | 999,807 | |||||
| EXPENDITURE ON | |||||||||
| Charitable activities | |||||||||
| Grants and donations | 4 | 750 | 96,829 | 97,579 | 80,672 | ||||
| Contribufions to Methodist |
Church | Fund | 4 | 511,343 | 511,343 | 526,753 | |||
| Other | 6 | 86,935 | 285322 | 372257 | 337,525 | ||||
| Total | 599,028 | 382,151 | 981,179 | 944,950 | |||||
| NET INCOME/(EXPENDITURE) | (6,420) | 95,049 | 88,629 | 54,857 | |||||
| Transfers between funds |
13 | (534) | |||||||
| Other recognised gainsi(losses) | |||||||||
| Gains/(losses) on revaluation |
of | fixed assets | |||||||
| Net movement in funds |
(6,954) | 95,583 | 88,629 | 54,857 | |||||
| RECONCILIATION OF FUNDS |
|||||||||
| Total funds brought forward | 3,815,864 | 910,936 | 4,726,800 | 4,671,943 | |||||
| TOTAL FUNDS CARRIED | FORWARD | ~3808910 | ~1006519 | ~4,815429 | 4,726,800 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| Notes | funds f |
funds f |
funds f |
funds f |
||||
| FIXEDASSETS | ||||||||
| Tangible assets | 10 | 3,750,000 | 3,750,000 | 3,750,000 | ||||
| CURRENT ASSETS | ||||||||
| Debtors | 802 | 13,487 | 14,289 | 2,937 | ||||
| Cash at bank | 83,908 | ~1,015 213 | 1,079,121 | 981,317 | ||||
| 64,710 | 1,028,700 | 1,093,410 | 984,254 | |||||
| CREDITORS | ||||||||
| Amounts falhng due |
within | one year | 12 | (5,800) | (22,181) | (27,981) | (7,454) | |
| NET CURRENT ASSETS | 58,910 | 1,0116510 | I 060429 | 970 000 | ||||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 3,808,910 | 1,006,519 | 4,815,429 | 4,726,800 | ||||
| NET ASSETS | 3,808,910 | I DD6 510 | 4015429 | 4 7211800 | ||||
| FUNDS | 13 | |||||||
| Unrestricted funds: |
||||||||
| General fund |
43,146 | 42,642 | ||||||
| Capital revaluation Designated fund Manse major repair |
reserve fund |
3,750,000 ~15764 3,000,91D |
3,750,000 23,222 38150!4 |
|||||
| Restricted funds: |
||||||||
| District Advance Fund |
828,913 | 746,246 | ||||||
| Chaplaincy Fund Mission Fund |
31,575 61,649 |
13,999 51,738 |
||||||
| Safeguarding Fund Adavu Fund |
17,452 52,007 |
10,365 41,433 |
||||||
| Benevolent Fund |
4,185 | 2,099 | ||||||
| Manse Major Repair Fund Cameroonian Fund |
11,699 3,366 |
|||||||
| Inclusive Gathering Birmingham Digital Church Fund Street Ecclesial Community Fund |
Fund | 5,998 4740 |
20,639 7,312 |
|||||
| ~1,006519 | 910,436 | |||||||
| TOTAL FUNDS | ~4815 429 | 4 726,300 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Cash flows from operating activities: Cash generated from operations |
93,095 | 50,863 | |||
| Net cash provided by (used in) operating activities |
93,095 | 50,863 | |||
| Cash flows from investing Interest received |
activities: | 4,709 | 2,157 | ||
| Net cash provided by investing activities |
4,709 | 2,157 | |||
| Change in cash and cash reporting period |
equivalents | in the | 97,804 | 53,020 | |
| Cash and cash equivalents | at the beginning of | 981,317 | 928,297 | ||
| the reporting period |
|||||
| Cash and cash equivalents reporting period |
at the end | ofthe | 1,079,121 | 981,317 |
| 2022 f |
2021 6 |
||
|---|---|---|---|
| Net incomel (expenditure) for the reporting offinancial activities) |
period (as per the statement | 88,629 | 54,857 |
| Adjustments for: Interest received |
(4,709) | (2,157) | |
| (Increase)/decrease in debtors Increase/(decrease) in creditors |
(11,352) 20,527 |
260 ~2,097) |
|
| Net cash (used In)l provided by operating |
activities | 93,095 | 50,663 |
| SUPPORT COSTS | |||||
|---|---|---|---|---|---|
| Governance | |||||
| Management | costs | Totals | |||
| 8 | 5 | ||||
| Otherresources expended |
~367 757 | 4500 I |
~372 257 | ||
| Support costs, included | in | the above, are as follows: | 2022 | 2021 | |
| 8 | 5 | ||||
| Salaries and associated | costs | 253,893 | 253,222 | ||
| Trustee expenses Manse costs |
1,000 20,677 |
203 22,514 |
|||
| Training, including retreats Administration, telephone, Otherexpenses Employee expenses Professional fees Auditom' remuneration |
travel etc. | 11,403 49,628 16,268 13,403 1,485 ~4500 |
2,791 44,814 2,601 6,010 1,350 4,020 |
||
| 372,257 | ~337 525 |
| STAFF COSTS | ||
|---|---|---|
| 2022 6 |
2021 f |
|
| Wages and salaries Social security costs Other pension costs |
215,148 21,373 ~16374 |
220,622 15,392 17,208 |
| ~253893 | 253,222 |
| YEAR ENDED 31 AU | GU | ST | 2021 | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total funds | ||||
| funds | funds | 2021 | ||||
| 5 | 6 | 5 | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies Investment income |
592,589 190 |
405,061 1,967 |
997,650 2,157 |
|||
| Total | 592,779 | 407,028 | 999,807 | |||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Grants and donations | 100 | 80,572 | 80,672 | |||
| Contribution to Methodist Other |
Church | Fund | 526,753 57,324 |
280,201 | 526,753 ~337525 |
|
| Total | 584,177 | 360,773 | 944,950 | |||
| NET INCOME/(EXPENDITURE) | 8,602 | 46,255 | 54,857 | |||
| Transfers between funds |
(4,000) | 4,000 | ||||
| Other recognised gains/(losses) |
||||||
| Gains/(losses) on revaluation |
of | fixed assets | ||||
| Net movement in funds |
4,602 | 50,255 | 54,857 | |||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
3,811,262 | 860,681 | 4,671,943 | |||
| TOTAL FUNDS CARRIED FORWARD | ~3815864 | 910~936 | 4,726,800 | |||
| TANGIBLE FIXEDASSETS | ||||||
| Freehold | ||||||
| property | ||||||
| 6 | ||||||
| COST OR VALUATION | ||||||
| At 1 September 2021 | ~3,750000 | |||||
| At 31 August 2022 | 3,750,000 | |||||
| NET BOOK VALUE | ||||||
| At 31 August 2022 | 3,750,000 | |||||
| At 31 August 2021 | 3,750,000 |
| Net movement in fu |
nds, inc |
luded | in the abov | e are as follows: | |||
|---|---|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement in |
||||
| resources | expended | losses | funds | ||||
| K | 8 | E | 8 | ||||
| Unrestricted funds |
|||||||
| General fund | 592,543 | (591,056) | 1,487 | ||||
| Designated fund |
(7,972) | (7,972) | |||||
| Capital revaluation | reserve | ||||||
| Manse major repair | fund | 65 | |||||
| 592,608 | (509,028) | (8,420) | |||||
| Restricted funds | |||||||
| District Advance Fund |
340,471 | (08,504) | 243,067 | ||||
| Chaplaincy Fund Mission and Youth |
Fund | 18,754 25,000 |
(55,178) (44,078) |
(36,424) (1$,089) |
|||
| Safeguarding Fund |
20,870 | (42,100) | (21,433) | ||||
| Adavu Fund |
53,404 | (90,830) | (37,420) | ||||
| Benevolentfund | (914) | (914) | |||||
| Manse major repair Cameroonian fund |
fund | (3,345) | (3,345) | ||||
| Inclusive Gathering Digital Church fund |
Birmingham | fund | 17,906 | (40,547) (8,386) |
(22,641) (8,306) |
||
| Street Ecclesial Community | fund | (260) | (260) | ||||
| 477,200 | (382,151) | 95,049 | |||||
| TOTAL FUNDS | 1~069808 | ~981179) | 88,629 |
| 2022 | 2021 | ||
|---|---|---|---|
| 6 | |||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies Circuit contributions |
585,336 | 592,200 | |
| Donations | 28,839 | 26,765 | |
| Connexional and other grants Circuit Model Trust Fund Levies |
146,176 153,338 |
172,569 117,458 |
|
| Connexional Priority Fund distribution Other income |
117,141 ~34269 |
87,920 737 |
|
| 1,065,099 | 997,550 | ||
| Investment income |
|||
| Deposit account interest | 4,709 | 2,157 | |
| Total incoming resources | 1,069,808 | 999,807 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Grants and donations | 608,922 | 607,425 | |
| Support costs Salaries and associated costs |
253,893 | 253,222 | |
| Trustee expenses Manse costs |
1,000 20,677 |
203 22,514 |
|
| Training, including retreats Administration, telephone, Other expenses Employee expenses Professional fees |
travel etc. | 11,403 49,628 16,268 13,403 1,485 |
2,791 44,814 2,601 6,010 1,350 |
| 367,757 | 333,505 | ||
| Governance costs | |||
| Auditors' remuneration |
4,500 | 4,020 | |
| Total resources expended | 981,179 | 944,950 | |
| Net income/(expenditure) | 88,629 | 54,857 |