| Trustees | Mr AC Hancock | Mr AC Hancock | ||||
|---|---|---|---|---|---|---|
| Mr R Sellick | ||||||
| Mr R Hartley | ||||||
| Mr I Blake | ||||||
| Mr G Wood | ||||||
| Mrs F Holmes | ||||||
| Charity number | 1134688 | |||||
| Company | number | 06973220 | ||||
| Registered | office | The Well | ||||
| 46 East Green, | West | Auckland | ||||
| Bishop Auckland | ||||||
| County Durham | ||||||
| DL14 9HJ | ||||||
| Independent | examiner | Mrs Jillian Hindmarsh | FCA | |||
| Allen Sykes Limited | ||||||
| 5 Henson Close | ||||||
| South Church | Enterprise | Park | ||||
| Bishop Auckland | ||||||
| Co Durham | ||||||
| DL14 6WA |
| Page | |||
|---|---|---|---|
| Trustees' | report | 1-4 | |
| Independent examiner's report |
|||
| Statement | offinancial | activities | |
| Statement | of financial | position | |
| Notes to the financial | statements | 8-20 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | |||
| Notes | 6 | 6 | 6 | 6 | 6 | |||
| Income from: | ||||||||
| Donations and legacies Other trading activities Investments |
109,848 21,932 1,131 |
21,377 | 131,225 21,932 1,131 |
111,391 8,106 853 |
29,977 | 141,368 8,106 853 |
||
| Total income | 132,911 | 21,377 | 154,288 | 120,350 | 29,977 | 150,327 | ||
| ~ECht | ||||||||
| Raising funds | 12,535 | 454 | 12,989 | 4,806 | 4,806 | |||
| Charitable activities |
8 | 121,686 | 8,432 | 130,118 | 93,940 | 15,580 | 109,520 | |
| Other | 14 | 13,500 | 13,500 | |||||
| Total expenditure | 134,221 | 22,386 | 156,607 | 98,746 | 15,580 | 114,326 | ||
| Net (outgoing)/incoming | ||||||||
| resources before transfers | (1,310) | (1,009) | (2,319) | 21,604 | 14,397 | 36,001 | ||
| Gross transfers | between | |||||||
| funds | 15 | 2,026 | (2,026) | (191) | 191 | |||
| Net income/(expenditure) | for | |||||||
| the year/ | ||||||||
| Net movement | in funds | 716 | (3,035) | (2,319) | 21,413 | 14,588 | 36,001 | |
| Fund balances | at 1 January | |||||||
| 2022 | 511,103 | 92,692 | 603,795 | 489,690 | 78,104 | 567,794 | ||
| Fund balances | at 31 | |||||||
| December 2022 | 511,819 | 89,657 | 601,476 | 511,103 | 92,692 | 603,795 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 6 | ||||||
| Fixed assets | |||||||
| Tangible assets | 16 | 611,675 | 614,423 | ||||
| Current assets | |||||||
| Stocks | 17 | 1,044 | 1,063 | ||||
| Debtors | 18 | 362 | 2,454 | ||||
| Cash at bank and in | hand | 141,940 | 142,264 | ||||
| 143,346 | 145,781 | ||||||
| Creditors: | amounts | falling due within | |||||
| one year | 20 | (6,579) | (7,281) | ||||
| Net current | assets | 136,767 | 138,500 | ||||
| Total assets less current liabilities | 748,442 | 752,923 | |||||
| Creditors: | amounts | falling due after | |||||
| more than | one year | 21 | (146,966) | (149,128) | |||
| Net assets | 601,476 | 603,795 | |||||
| Income funds | |||||||
| Restricted | funds | 22 | 89,657 | 92,692 | |||
| Unrestricted | funds | 511,819 | 511,103 | ||||
| 601,476 | 603,795 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2022 | 2622 | 2022 | 2021 | 2021 | 2021 | |||
| 6 | 6 | 6 | 6 | 6 | ||||
| Donations | and gifts | 107,181 | 17,387 | 124,568 | 90,456 | 19,977 | 110,433 | |
| Grants | Receivable | 2,667 | 3,990 | 6,657 | 20,935 | 10,000 | 30,935 | |
| 109,848 | 21,377 | 131,225 | 111,391 | 29,977 | 141,368 | |||
| Grants | receivable for | |||||||
| core activities | ||||||||
| Covid-19 | Support | |||||||
| Funding | 2,667 | 2,667 | 16,335 | 16,335 | ||||
| Job Retention Scheme | 2,600 | 2,600 | ||||||
| Just Sow | 10,000 | 10,000 | ||||||
| Arnold | Clark | 2,500 | 2,500 | 2,000 | 2,000 | |||
| Believe | Housing | 1,000 | 1,000 | |||||
| Other | 490 | 490 | ||||||
| 2,667 | 3,990 | 6,657 | 20,935 | 10,000 | 30,935 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| Shop income | 21,075 | 7,865 | ||
| Trading | activity income: other | 857 | 241 | |
| Other trading | activities | 21,932 | 8,106 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022f | 2021 f |
|||
| Rental | income | |||
| Bank | interest | receivable | 1,120 | |
| 11 | ||||
| 1,131 | 853 |
| Unrestricted | Restricted | Total | Unrestricted | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| 2022 f |
2022f | 2022 K |
2021 f |
||||
| T~di | |||||||
| Operating charity shops Other trading activities |
9,862 77 |
9,862 77 |
4,438 93 |
||||
| Trading costs | 9,939 | 9,939 | 4,531 | ||||
| Church | ents | e | enditur | 2,596 | 3,050 | 275 | |
| 12,535 | 454 | 12,989 | 4,806 |
| Church | The Well | Vineyard | Weardale | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|---|
| Activities | Centre | Vineyard | 2022 | 2021 | |||||
| 2022 | 2022 | 2022 | 2022 | ||||||
| 8 | 8 | 8 | 8 | ||||||
| Staff costs | 40,009 | 8,262 | 48,271 | 39,071 | |||||
| Spiritual Development |
3,706 | 28 | 575 | 4,309 | 2,546 | ||||
| Donations | & | Sponsorship | 9,367 | 30 | 3,290 | 12,687 | 11,907 | ||
| Outreach | 7,291 | 7,291 | 5,252 | ||||||
| Other costs | 875 | 875 | 1,114 | ||||||
| 53,957 | 15,611 | 3,865 | 73,433 | 59,890 | |||||
| Grant funding | ofactivities | ||||||||
| (see note | 9) | 6,250 | 6,250 | ||||||
| Share of support costs (see | |||||||||
| note 10) | 18,317 | 12,861 | 5,596 | 2,729 | 39,503 | 40,614 | |||
| Share ofgovernance | costs | ||||||||
| (see note | 10) | 2,733 | 2,733 | 2,733 | 2,733 | 10,932 | 9,016 | ||
| 75,007 | 31,205 | 8,329 | 15,577 | 130,118 | 109,520 | ||||
| Analysis | by | fund | |||||||
| Unrestricted | funds | 74,242 | 24,087 | 7,780 | 15,577 | 121,686 | 93,940 | ||
| Restricted | funds | 765 | 7,118 | 549 | 8,432 | 15,580 | |||
| 75,007 | 31,205 | 8,329 | 15,577 | 130,118 | 109,520 |
| Church | The Well | Vineyard | Weardale | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Activities | Centre | Vineyard | 2021 | |||||
| 8 | 8 | 8 | ||||||
| Staff costs | 31,271 | 7,800 | 39,071 | |||||
| Spiritual | Development | 2,324 | 222 | 2,546 | ||||
| Donations | &Sponsorship | 10,471 | 900 | 536 | 11,907 | |||
| Outreach | 4,833 | 419 | 5,252 | |||||
| Other costs | 1,114 | 1,114 | ||||||
| 45,180 | 13,533 | 1,177 | 59,890 | |||||
| Share of | support costs (see note 10) | 19,698 | 12,966 | 5,181 | 2,769 | 40,614 | ||
| Share of | governance | costs (see note 10) | 2,254 | 2,254 | 2,254 | 2,254 | 9,016 | |
| 67,132 | 28,753 | 7,435 | 6,200 | 109,520 | ||||
| Analysis | by fund |
| 8 | Charitable | activities | (Continued) | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted Restncted |
funds funds |
55,554 11,578 |
25,300 3,453 |
6,886 549 |
6,200 | 93,940 15,580 |
|
| 67,132 | 28,753 | 7,435 | 6,200 | 109,520 |
| Weardale | 2021 | |||
|---|---|---|---|---|
| Vineyard | ||||
| 2022 | ||||
| 6 | ||||
| Grants | to | institutions: | ||
| Other | 6,250 |
| 10 | Support costs | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Support costs |
Governance costs |
2022 | Support costs |
Governance costs |
2021 | |||||
| 6 | 8 | 8 | ||||||||
| Depreciation Premises costs General office costs Other costs Legal and professional |
9,540 18,483 7,065 4,367 48 |
9,540 18,483 7,065 4,367 48 |
7,713 22,082 7,842 2,909 68 |
7,713 22,082 7,842 2,909 68 |
||||||
| Accountancy fees Finance costs Leaders' Training |
2,937 7,611 384 |
2,937 7,611 384 |
3,186 5,830 |
3,186 5,830 |
||||||
| 39,503 | 10,932 | 50,435 | 40,614 | 9,016 | 49,630 | |||||
| Analysed between |
||||||||||
| Charitable activities |
39,503 | 10,932 | 50,435 | 40,614 | 9,016 | 49,630 | ||||
| 11 | Independent examination |
fees | ||||||||
| Fees payable to the independent | examiner | 2022 | 2021 | |||||||
| 8 | 6 | |||||||||
| Independent examination Other financial services |
ofthe | charity's | annual | financial | statements | 2,340 597 |
2,220 966 |
|||
| 2,937 | 3,186 |
| 16 | Tangible fixed assets | Tangible fixed assets | ||||
|---|---|---|---|---|---|---|
| Freehold | Fixtures and | Equipment | Total | |||
| Cost | Property f |
fialnsef | ||||
| At 1 January 2022 Additions Disposals |
644,831 | 13,329 | 20,118 6,792 (1,413) |
678,278 6,792 (1,413) |
||
| At 31 December 2022 | 644,831 | 13,329 | 25,497 | 683,657 | ||
| Depreciation and impairment |
||||||
| At1 January2022 Depreciation charged in the year Eliminated in respect ofdisposals |
38,688 6,448 |
12,326 292 |
12,841 2,800 (1,413) |
63,855 9,540 (1,413) |
||
| At 31 December 2022 | 45,136 | 12,618 | 14,228 | 71,982 | ||
| Carrying amount |
||||||
| At 31 December 2022 | 599,695 | 711 | 11,269 | 611,675 | ||
| At 31 December 2021 | 606,143 | 1,003 | 7,277 | 614,423 | ||
| 17 | Stocks | |||||
| 2022 | 2021f | |||||
| Raw materials and consumables |
1,044 | 1,063 | ||||
| 18 | Debtors | |||||
| Amounts falling due within one year: |
2022f | 2021f | ||||
| Other debtors | 362 | 2,454 |
| 2022 | 2021 | ||
|---|---|---|---|
| 8 | 8 | ||
| Bank loans | 149,966 | 153,543 | |
| Payable | within one year | 3,000 | 4,415 |
| Payable | after one year | 146,966 | 149,128 |
| Amounts | included above which fall due afier five years: | ||
| Payable | by instalments | 132,715 | 129,743 |
| Creditors: amounts | falling due within one | year | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Notes | 6 | 8 | |||
| Bank loans | 19 | 3,000 | 4,415 | ||
| Other taxation and social security | 69 | ||||
| Trade creditors | 778 | 309 | |||
| Accruals and deferred | income | 2,732 | 2,557 | ||
| 6,579 | 7,281 | ||||
| The bank loan is secured against the property | held by the company. | ||||
| Creditors: amounts | falling due after more | than one year | |||
| 2022 | 2021 | ||||
| Notes | 6 | 6 | |||
| Bankloans | 19 | 146,966 | 149,128 |
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| Unrestricted | Restricted | Total | Unrestdcted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | ||
| 8 | 6 | 6 | 6 | 5 | |||
| Fund balances at 31 | |||||||
| December | 2022 are | ||||||
| represented | by: | ||||||
| Tangible assets | 549,853 | 61,822 | 611,675 | 551,937 | 62,486 | 614,423 | |
| Current assets/(liabilities) | 108,932 | 27,835 | 136,767 | 108,294 | 30,206 | 138,500 | |
| Long term | liabilities | (146,966) | - | (146,966) | (149,128) | - | (149,128) |
| 511,819 | 89,657 | 601,476 | 511,103 | 92,692 | 603,795 |
| 2022 | 2021 |
|---|---|
| 6 | 6 |
| 18,290 | 17,548 |