2022-12-31-accounts - Sheffield And Balby Area Quaker Meeting Of The Religious Society Of Friends

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									Page
	Legal and administration information								3
1.1	Registration Number								3
1.2	Principal office								3
1.3	Trustees								3
1.4	Officers								3
1.5	Independent Examiner								3
1.6	Holding Trustees								3
	Trustees' Annual Report
2.1	Structure, governance	and			management
2.1.1	Governing document
2.1.2	Governance
2.1.3	Appointment ofTrustees
2.1.4	Risk management
2.2	Objectives and activities
2.2.1	Objects
2,2.2	Use ofvolunteers
2.2.3	Grant making policy
2.3	Achievements and perfomance								6
2.3.1	Introduction								6
2.3.2	Balby Doncaster LM								6
2.3.3	Hope Valley LM								9
2.3.4	Nether Edge LM								10
2.3.5	Sheffield Central LM								12
2.3.6	Area and Local Meeting		action on environmental				sustainability		14
	and responses to climate			emergency
	Financial review								15
3.1	Major changes								15
3.1.1	Simplitication								15
3.1.2	Use of Co-op Deposit	Account							15
3.1.3	Retention ofTridos interest								15
3.1.4	Amalgamation of Education				Trusts and funds				15
3.2	AM General fund								15
3.3	General Bursary fund								16
3.4	Woodbrooke Bursary fund (restricted)								16
3.5	AM Relief Trusts (endowment)			and Assistance		Bursary fund (restricted)			16
3.6	AM Property Trusts (endowment)				and AM Premises		fund		16
3.7	Nether Edge Local Meeting								16
3.8	Hope Valley Local Meeting								16
3.9	Balby (Doncaster) Local Meeting								17
3.10	Sheffield Central Local Meeting								17
3.11	Donation from Adult School								17
3.12	Operational and financial impact				of COVID-19	- change of business		model	17
	Reserves policy								20
4.1	Background								20
4.2	Reserves summary								21
	Investment policy and objectives								22
	Statement of responsibilities		of	the trustees					22
	Independent Examiner's report								23
Financial statements
Statement offinancial activities									24
Balance sheet									25
Notes	to the accounts				Page 2				26-37

Funds within balances reserves	Funds within balances reserves	Funds within balances reserves	held as	Balance tangible	at 31 Dec 2022 (excluding fixed assets)	Target and Notes
						In 2022 AM contributed f7,000 in support
AM General		Fund (unrestricted)		f14,121		for s Yorkshire Regional Youth worker, AM has invited Friends to support the
						funding ofthis project in the subsequent
						two years by donation vis the schedules.
						Trustees believe the current level is
						acceptable to manage annual
Premises	Fund (designated)			f154,305(f135,229 held plus f19,076 owed by Balby Doncaster)		fluctuations in capital work and to accommodate large risk items, as
						well as F25,000 reserve for possible
						lar e ro'acts.
Operational/Contingency			Funds for Local Msetlngs:-
						Recommendation is to maintain
Hope Valley		(designated)		f1,540		reserve around f1,500 (two years
						income
						Recommendation is to maintain
Nether Edge		(designated)		f5,096		reserve around F5,000 (two years
						income
						Total designated F104,462.
						Recommendation has been to
						maintain an operational reserve of
Sheffield	Central (designated)			F17,159		between f77,000 and F103,000
						(based on 2019expenditure),
						drawing as necessary on the
						Legacies Fund*.
Sheffield Central Legacies (unrestricted)				f87,303
						Recommendation is to maintain a
Balby (Doncaster) (designated)				f32,676 owing to	(F52,382 held, less f19,076 AM Premises Reserve)	target of between f16,000 and f21,000 (based on 2019 ex enditure *.

				Permanent
	Unrestricted		Restricted	Endowment	2022	2021
INCOMING RESOURCES		Funds F	Funds 6	funds F	Total 6	Totalf
Donations, legacies and grants	2	65,322	71,536		136,858	113,021
Room hire and services		58,139			58,139	18,338
Investments	3	6,305	66	289	6,660	5,719
Other income		3			3	891
TOTAL INCOMING RESOURCES		129,768	71,602	289	201,659	137,969
RESOURCES EXPENDED
Room hire	4	86,409			86,409	95,897
Charitable activities - support of meeting	6	48,021	21,559	130	69,710	68,314
TOTAL EXPENDED RESOURCES		134,430	21,559	130	156,119	11!5,211
Net income/expenditure		(4,662)	50,043	159	45,541	(26,242)
Transfers between funds	15	68	(68)
Net movement in funds		(4,594)	49,975	159	45,540	(26,242)
Total funds brought forward		1,139,211	25,384	54,810	1,219,405	1,245,647
Total funds carried forward		1,134,617	75,359	54,969	1,264,945	1,219,405

	as at	31 Decemb	er 2022
				2022	2021
			Notes	6
Fixed assets
Tangible fixed assets				821,790	834,125
Current assets
Debtors			12	21,182	13,514
Short term deposits				308,626	252,228
Cash at Bank and in hand				116,710	129,199
Total assets				446,518	394,941
Liabilities
Creditors - due within one	year		13	(3,363)	(9,861)
Total liabilities				(3,363)	(9,661)
Net current assets				443,155	385,280
Total assets less current	liabilities			1,264,946	1,219,405
Represented by:
General Funds				14,117	20,695
Designated fund (including	revaluation	reserve)		1,120,500	1,118,516
Restricted Funds			14	75,359	25,384
Endowment funds				54,969	54,815
Total Charity funds				1,264,945	1,219,406

2	Income from	Income from	donations,	legacies	and	grants
						Unrestricted	Restricted	Endowment	Total	Total
						Funds	Funds	Funds	2022	2021
							f	f		6
	Donations	and	collections		5	8,216	51,279		59,495	21,917
	Schedules					30,107	20,191		50,298	53,226
	Legacies					1,500			1,500
	Grants					25,499	66		25,565	4,456
	Coronavirus	Job Retention		Scheme						33,422
						65,322	71,536		136,858	113,021
	Total 2021					85,285	27,736		113021
3	Income from		Investments			Unrestricted	Restricted	Endowment	Total	Total
						Funds	Funds	Funds	2022	2021
						6	6			6
	Bank interest					1,885	66	289	2,240	1,299
	Rental income					4 420			4420	4 420
						6,305	66	289	6,660	5,719
	Total 2021					5,678	8	33	5,719
4	Expenditure		on room hire			Unrestricted	Restricted	Endowment	Total	Total
						Funds	Funds	Funds	2022	2021
						6	6	6	8	6
	Salaries				6	53,962			53,962	72,996
	Subcontracted		services			5,925			5,925	1,081
	Premises and		admin			26 522			26 522	21,820
						86,409			86,409	95,897
	Total 2021					93,161	2,736		95,897

6	Expenditure	Expenditure		on charitable	on charitable	activities	activities
							Unrestricted	Restricted	Endowment	Total	Total
							Funds 6	Funds 6	Funds 6	2022f	2021 6
	Salaries					6	11,567			11,567	15,506
	Subcontracted			services			480			480	162
	Premises	8	admin				9,663	782		10,445	10,328
	Grants					7	10,195	20,777	130	31,102	27,598
	Depreciation						12,335			12,335	12,432
	Other						917			917
	Governance:
	Independent			examination		8	1,250			1,250	1,288
	Other						1,614			1 614	1,000
							48,021	21,569	130	69,710	68,314
	Total 2021						43,524	24,790		68,314
6	Staff Costs									Total	Total
										2022	2021
										6	6
	Salaries									62,687	71,423
	Employer's		National		Insurance					2,295	1,957
	Employer	Allowance								(2,295)	(1,957)
	Pensions	costs								2,842	3,680
	Redundancy			costs							13399
										65,629	88,502

Grants made				Total	Total
				2022	2021
				6	6
Quaker:	Britain Yearly	Meeting		26,562	20,786
	Other Quaker			2,865	5,296
Non-Quaker:	Other non-Quaker			1 675	1 516
				33,124	6,512
In addition to the	Britain Yearly Meeting	grant,	other grants made		6
to organisations	over f1,000were: Northern		Friends Peace Board		1,379 1,379

11	Tangible Fixed Assets	Freehold land	Fixture &	Computer
	Cost or Valuation	& buildings f.	fittings f	equipment 6	Totalf
	as at 1 January 2022	880,000	156,807	6,205	1,043,012
	as at 31 December 2022	880,000	156,807	6,205	1,043,012
	Depreciation
	as at 1 January 2022 Charge this period	47,800 11,950	154,882 385	6,205	208,887 12,335
	at 31 December 2022	59,750	155,267	6,205	221,222
	Net book value at 31 December 2022	820,250	1,540		821,790
	Net book value at 31 December 2021	832,200	1,925		834,125
12	Debtors			2022	2021
				6
	Trade debtors			10,050	2,991
	Accrued income			6,912
	Prepayments			4,220 21,182	10,523 13,514
13	Creditors			2022	2021
					6
	Accruals			1,457
	Other creditors			1,906	9,661
				3,363	9,661

				Brought	Incoming	Resources	Transfers	Carried
				forward	Resources	Expended	inl(out)	forward
Unrestricted funds
AM General fund				20,695	3,428	(10,506)	500	14,117
Designated funds
Premises fund				134,184	1,045			135,229
Sheffield Central				112,467	97,972	(90,106)		120,333
Balby Doncaster				168,833	23,713	(19,429)	(432)	172,685
Nether Edge				6,161	2,555	(3,621)		5,095
Hope Valley Property Reserve				1,571 695 300	1,055	(1,086) ~9682		1,540 685 6111
Total designated	funds			1,118,516	126,340	(123,924)	(432)	1,120,500
Total unrestricted	funds			I 139211	129768	~134430	68	1,134 617
Restricted funds
Education fund				130			(130)
Assistance fund				6,173	97	(151)	130	6,249
Woodbrooke Bursary fund				1,612	353			1,965
Bursary fund				16,719	507	(392)		16,835
Balby Doncaster	Restricted		funds	156	960	(892)	(68)	156
Sheffield Central Restricted Total restricted funds			funds	594 25,384	69,684 71 602	(20,125) ~21 559	~68	50,153 75 359
Permanent endowment		funds
Property Trusts				27,509	144	(64)		27,589
Relief Trusts				25,991	145	(66)	1,310	27,380
Education Trusts Total endowment	funds			1,310 54 1110	289	~130	(1,310)	54969
Total funds				1 219,405	201,659	~(156,119		1,264,945

Pn'or year				Brought	incoming	Resources	Transfers	Carried
Unrestricted funds				forward 8	Resources	Expended 8		forwardf
AM General fund				20,254	4,106	(3,665)		20,695
Designated funds
Premises fund				133,692	492	0		134,184
Bursary fund				15,995	724	0	(16,719)
Sheffield Central				133,798	76,789	(98,120)		112,467
Balby Doncaster				165,582	24,268	(20,861)	(156)	168,833
Nether Edge				6,695	2,946	(3,480)		6,161
Hope Va/ley Pmperty Reserve				1,582 704 981	867	(878) ~9.687		1,571 695,300
Total designated	funds			1,162,325	106,086	(133,020)	(16,875)	1,118,516
Total unrestricted	funds			t, t82 579	tt0 192	~136,685
Restricted funds
Restricted schedules		and	collections		21,567	(21,567)
Education fund				128		0	2	130
Assistance fund				6,694	1,128	(1,680)	31	6,173
yyoodbrooke Bursary		fund		1,436	176	0		1,612
Bursary fund						0	16,719	16,719
Balby Doncaster	Restricted funds					0	156	156
Sheffield Central	Restricted funds				4,873	(4,279)		594
Total restricted funds				8.258	27, 744	~27 526	16,titl8	25,384
Permanent endowment			funds
Property Trusts				27,509			0	27,509
Relief Trusts				25,991	31		(31)	25,991
Education Trusts				1,310	2		(2)	1,310
Total endowment	funds			54,810	33
Total funds				1245647	137969	~164211		1,219,405

As at 31 December 2022	Unrestricted	Designated	Restricted	Endowment	Endowment	Total
	Funds	Funds	Funds	funds		2022
	f	E	6		E
Fixed Assets		821,790				821,790
Net cunent assetsl(liabilities)	14,117	298,710	75,359	54,969		443,155
	14,117	1,120,500	75,359	54,969		1,264,945
As at31December 2021	Unrestricted	Designated	Restricted	Endowment		Total
	Funds	Funds	Funds	funds		2021
	E		f		E
Fixed Assets		834,125				834,125
Net current assetsi(liabilities)	20,695	284,391	25,384	54,	810	385,280
	26,665	1,118,516	25,384	54,	810	1,219,405