**Company No: 07081812 (England & Wales)** ORIEL MINISTRIES Accounts for the year ended 30 November 2021 Oriel Ministries ## TRUSTEES ANNUAL REPORT ## **COMPANY REGISTRATION NUMBER: 07081812** ## **CHARITY REGISTRATION NUMBER: 1134992** ## **DIRECTORS / TRUSTEES** Edward Krolik Steve Ovens Ruth Krolik Jayne Biddle David Buckley Rachael Quinn Georgia Forsyth (appointed 14[th] September 2021) Julia Hatch (retired 20[th] January 2021) ## **REGISTERED OFFICE** Southgate Technology Park Pennygillam Way Pennygillam Industrial Estate Launceston PL15 7ED ## **BANKERS** HSBC Bank plc 4 Old Town Street Plymouth Devon PL1 1DD ## **INDEPENDENT EXAMINER** A Wing LLB FCA Wings Accountants Ltd Unit 1, Pearl Assurance House Elbow lane Tavistock Devon PL19 0BG 1 Oriel Ministries ## TRUSTEES ANNUAL REPORT ## **INTRODUCTION** The trustees of Oriel Ministries (‘Oriel’) who also act as Directors of Oriel for the purposes of the Companies Act 2006, confirm that they have complied with the duty in section 17(5) of the Charities Act 2011 to have due regard to the Charity Commissioners General Guidance on Public Benefit in exercising their powers or duties. They have referred to this guidance when reviewing the Oriel Ministries Aims and Objectives and in planning its future activities and present their annual report and the financial statements for the year ended 30 November 2021 in light of this guidance and in accordance with the principles outlined in the SORP 2019. The company was incorporated on 19 November 2009 as a company limited by guarantee and was registered with the Charity Commission as a registered charity number 1134992. ## **OBJECTIVES OF ORIEL, PRINCIPAL ACTIVITIES AND ORGANISATION OF OUR WORK** The charity aims to advance, for the public benefit, Christian youthwork in the South West. As stated in our Memorandum of Association, our purpose in summary is: 1. To give young people opportunities to explore the Christian faith. 2. To help churches and other organisations working with young people provide attractive follow up events in which they will feel comfortable and be able to learn more of the Christian faith. 3. To help young people reach their potential in the school and community and enable them to be the solution rather than the problem by adopting positive life choices. Oriel Ministries has run a variety of youth projects for the Public Benefit during 2020-2021, including ShakeShop (an after-school outreach), Stargirlz and Rooted (discipleship groups), and The Pulse Bus (a state-of-the-art mobile youth centre). It also holds regular prayer meetings, Heart Beat. Oriel Ministries has been staffed this past year by a core team of 5 unpaid workers – Chris, Nikki, Matt, Kerri and SWYM worker, Harry. Nikki is currently on extended maternity leave enjoying time with hers and Chris’ growing family. The charity is also supported on a regular basis by Kate who spends time each month working on Xero and the finances, Val who has begun to assist with Gift Aid processing amongst other roles, Jayne who helps with Admin and many others who give time at ShakeShop, ensuring activities can run smoothly and safely. Their time and talents are essential to all we seek to do. ## **ACHIEVEMENTS AND PERFORMANCE OF THE PAST YEAR** When COVID first hit at the beginning of 2020, none of us could have predicted that it would have such a prolonged impact, including three lock-downs, but a review of Oriel Ministries’ activities 2020-2021 would be incomplete without taking account of the effects the pandemic has had on the charity. The start of the financial year began with staggered returns to work; initially Matt and Kerri attending on alternating days to Chris so that different households were not mixing indoors. Trustee meetings were held via zoom as were Heart Beat Prayer times and team planning meetings, the latter resulting in a trial of StarGirlz on-line, with Matt and Kerri covering for Nikki who was on maternity leave. Trustees worked with staff to review on-line safety, introducing new policies to keep young people safe whilst meeting remotely. A small core of girls was formed who have subsequently become part of Rooted, a weekly discipleship group. Ministry funds have been used to support this group with materials and light refreshments and it has been encouraging to see the on-line version of Rooted now move to meeting in-person and grow in number. As restrictions were eased, ShakeShop re-opened, initially on a Tuesday but the after-school outreach proved so popular that a second session was soon added, providing a free at point of access, safe and culturally relevant drop in youth club for children and young people, aged 8 – 16. Staff wore masks, sanitisers, barriers and screens were in place, one-way systems were 2 ## Oriel Ministries ## TRUSTEES ANNUAL REPORT introduced and notices requesting those with possible symptoms stayed away were displayed to minimise forward transmission. Successful bids in the previous year ensured Oriel was prepared for these additional safety measures. With the increasing popularity of ‘ShakeShop’, a decision was taken to employ a part-time cook. This released staff to spend quality time interacting with young people and also to gather them for a brief testimony slot. As a result, four young people have made a commitment to Jesus; special Bibles have been given and it is hoped these and others might be fed into Rooted in the future. Throughout this time, Chris, in his role as CEO, has been busy working with our fundraiser, ChellPerkins, churches, local buisinesses and individuals to secure the funds needed to convert the Pulse Bus and agree its final design. An amazing £105,152 has been received over the year for the bus, in addition to the £34,208 raised the previous year, enabling not only the initial conversion to be completed but also funds set aside for ongoing maintenance and running costs. The work on the double decker was completed in June with a final wrap by MoreCreative applied just in time for the Pulse Bus launch in July. Since then the Pulse Bus has been in use at CreationFest at Wadebridge, an open day at Tesco and more recently schools work at Boyton. Many more outreach sessions had been planned but sadly the bus suffered engine failure following the trip to Wadebridge, requiring a complete engine re-build and a new gear box. A grant from the Jerusalem Trust has been secured to fund some local projects initially and it is hoped to establish a regular pattern of Pulse Bus outreach as we move through 2022. We have agreed to continue working with Chell-Perkins, looking to funding other aspects of the ministry including core running costs in the future. Working with Chris, Trustees took the decision to partner with South West Youth Ministries (SWYM) enabling us to take on a SWYM youth worker. Harry is in his second year of training and is keen to be involved in as many forms of ministry as possible. Another new face is Grace Forsyth, who has joined the Board of Trustees. Grace has first hand experience of Youth Work, both secular and Christian, and it is good to have a young person’s insight contributing to Trustee discussions. With new personnel joining Oriel Ministries it has been pertinent to agree an Induction Policy, Code of Conduct etc and ensure staff and trustees alike have received appropriate induction and support. We continue to be blessed with a Trustee Board who bring a wealth of experience and knowledge to Oriel Ministries, supporting the hard work of the staff and volunteers, and ensuring policies and procedures are in place for compliance and safety. ## **FINANCIAL REVIEW** The ministry has again been blessed financially by significant gifts to develop the work. Page 7, Statement of Financial Position shows that the total income has significantly increased this year with a total of £169,003, in comparison to £74,032 in the previous year. Most of this has been either gifted by individuals, buisinesses and local churches or granted from other charities, £105,152 of this total amount being restricted funds for the Pulse Bus project. Together with the £34,208 raised in 2019-2020, the Pulse Bus monies have enabled us to create an amazing mobile youth space, total cost of £102,780, have sufficient in reserves to meet the costs of the engine rebuild and new gear box and leave monies for some outreach work. Much of the money raised has been as a result of bids made by Chell Perkins, highighting the value of their consultancy. The loft takings of £3,235 are an increase on the previous year, although wages for our part-time cook have meant a small operational loss initially.Trustees are monitoring this carefully with the aim of the kitchen breaking even in the following financial year. Expenditure this year has also been higher at £76,131 compared with £39,286 in the previous year. Significant variances can be noted in the Fuel / vehicle maintenance line reflecting the engine rebuild and new gear box, £15,900, plus additional fuel useage for the Pulse Bus. It is important to note that the costs of conversion are shown under Fixed Tangible Assets and not noted in the Income and Expenditure Account as this represents a Capital expenditure. Other figures worth noting are Loft / kitchen, £4,808, which includes small items of replacement equipment as well as stock for sale, Consultancy, £4,950, and staff costs / training of £1,761. The latter includes wages paid to our cook, some first aid training costs and the team’s visit to Manchester to spend time learning from the Message Trust. A new expense this year has been 3 Oriel Ministries ## STATEMENT OF FINANCIAL POSITION at 30 November 4 Oriel Ministries TRUSTEES ANNUAL REPORT INDEPENDENT EXAMINERS REPORT I report on the accx)unts of On'el Minislrios for the year end&1 30 November 2021. which aro sel on pages 5 10 8 below. Respective respoftslbllhie$ oltru$l•es (dlrn¢tors) and examiner The organisation's tnjstees are resFon5ibte ft)r th& preparation of the aco)urrts. They C£￿sIder that an audit 15 nol required for this year under Section 144121 the Cl%arilies Act 2011 (the 2011 Actl and thÈt an Indyndent exomin8tion is r￿ed#d. my responsibilrty to" Examine the account8 under saction 145 of the 2011 Act 70 follow the procedures laid d￿￿ In the 9gneral D￿e¢ll0nS given by the Chartty Comrnission uTrYer section 145(5llbl of t￿ 2011 Act To stale whelhw partI￿lar mattgr5 have come lo my attention. 8asl8 of Independent Exttminef$ Ststsmenf My exarnination was camed out in accordan￿ Wrt￿ the General Dir8Ctions giv￿ by the Charity Corr.missioners. An examinaliorn includes a review of the accwiling records kept by the organisa;ior, and a comparison OT the accounts pre￿nted with th888 r8cord5 It also Includes consideration. of any unusdal r(¢ms ty disdo$uros in Ihg accounls. and seeking explanations from the irustees cOn￿nIng any guth matters. The procedures undertaken do provi(J8 all the $vide*ee that would be required in an audit, and consBqugntly I do not èxpress an audit opinion on the acc(￿nIS. Independent Examin•r's St•tèm•nt In connection wrth my examin&tM?n, ry) mottw h88 ￿me to my attent￿n". 111 which gives me reasonaNe causè lo balieve Ihat in any m*grKql respec# the requiremerrts. lo keep 8eeountng records in 8ccordanc8 with saction of the Compan￿$ Att 20CE." and to prepere 8ccounts whieh accord wrth the accounting record8. comply with the awounting requirernents of s8¢tion 396 of ihe Ccffipan￿s Act 20CE and with the melhocls and principles of the Sl*em8nl af Recomm8nd8d PractlC8 Ac£ounling and Reporting by Charrt￿S have not been met," or {21 lo which. in my opinion. attentK)n 8houkS ￿ dr•n in order to anab￿ a proper ￿￿￿erstandIng of the ￿ntS to be wche 202L A WiThJ LLB FCA Dale (Fellow of the Instituto of Chartwed Accountants in England & Wa￿s) ngs AcLxiunlants Ltd, Unrt 1, Pearl Assura￿ House, ElbN Larn, Tavislock, Devon PL19 OBG Oriel Ministries ## BALANCE SHEET at 30 November |**Notes**
**Income and endowments from:**
Donations and subs etc.
Income
from
other
trading
activities – Events & The Loft
Investment Income
**Total**
**Expenditure on:**
Charitable activities
2
Other
2
**Total resources expended**
**Net Income/ (Expenditure)**
**Transfer between funds**
**Net**
**incoming/(outgoing)**
**resources**
**before**
**other**
**recognised gains/(losses)**
**Other recognised gains/(losses)**
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
60,614
3,235
2
63,851
23,846
31,246
55,092
8,759
-
8,759
8,759
27,076
35,835|**Restricted**
**income**
**funds**
**£**

105,152

-

-

105,152
15,900

5,139

21,039
84,113
-
84,113
84,113
34,208
118,321|**Total this**
**year**
**£**

165,766

3,235

2

169,003
39,746

36,385

76,131
92,872
-
92,872
92,872
61,284
154,156|**Total last**
**year**
**£**

68,349

5,679

4| |---|---|---|---|---| |||||
74,032| |||||9,159

30,127| |||||
39,286| |||||34,746
-| |||||34,746| |||||34,746
26,538| |||||61,284| 6 Oriel Ministries BALANCE SHEET at 30 November Note 2021 2020 FIXED ASSETS Tangible fixed assets 124.330 28.494 CURRENT ASSETS B3nk & cash in hand Prepayments 30,369 2153 36,539 2.153 32.522 38.692 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 12.6%) {5.902j NET CURRENT ASSETS 29,826 32,790 NET ASSETS 154,156 61.284 FUNDS ACCOUNT Restiicled funds 118.321 34.208 Unreslricled funds 35,835 27,076 NET FUNDS 154.158 61.284 For the year ended 30 November 2021 the company was entitled 1¢ exemplion from audil undei section 477 of the Companies Act 2006 relating lo small coiiipanies. The Inembers have not requiied the conipany lo obtain an audit in accordance with secbon 476 of the Companies Act 2006 The directors acknowledoe their responsibility lor complying with the requirements of Ih&Act with respect lo accounting records and for the preparation ol aLcounts These accounts have been prepared in accordance with the provisions applicable to companies subiect lo the small companies regime These financial stalemenls were approved by the directors and authorised for Issue on the dale below and signed on its behalf by". Difector.. Date. 08104122 Company No.. 07081812 IEngland &Walpsl Oriel Ministries NOTES TO THE ACCOUNTS As at 30 November 2021 ## **1 ACCOUNTING POLICIES** ## _**Basis of preparation of accounts**_ The financial statements have been prepared under the historic cost convention and in accordance with the Statement of Recommended Practice ‘Accounting and reporting for Charities’ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) and in accordance with the special provisions of the Companies Act 2006 relating to small entities. ## _**Incoming resources**_ Income is included on an accruals basis, except when the donors specify that they must be used in future accounting periods or donor’s conditions have not been fulfilled, then the income is deferred. ## _**Resources expended**_ Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT, which cannot be recovered. ## _**Taxation**_ Based on its status as a charitable company limited by guarantee, Oriel Ministries is exempt from Corporation Tax. ## _**Fixed assets and depreciation**_ Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost of tangible fixed assets over their useful lives, on the following basis: Motor vehicles and Plant & machinery - Fixtures, fittings & equipment - Pulse Bus - 20% straight line & 25% reducing balance 15% reducing balance & 3 yrs straight line 20 year straight line 8 Oriel Ministries NOTES TO THE ACCOUNTS As at 30 November 2021 ## **2 ANALYSIS OF EXPENDITURE** |**Charitable Activities**
South West Youth Ministry
Missional resources
Innocence Conference
StarGirlz
Fuel & maintenance of vehicles
Donations
Loft Kitchen
Loft activities & equipment
Staff costs & training
**Other Expenditure**
Consultancy - fundraising
Publicity
Rent
Office expenses
Covid-19 compliance
Insurance/governance
Utilities & building expenses
Cleaning & waste disposal
HP interest
Bank Charges
Depreciation/profit on disposal|**2021**
3,300
104
-
-
24,827
4,946
3,600
1,208
1,761
**39,746**
4,950
374
13,350
3,566
-
652
1,942
1,526
434
32
9,559
**36,385**|**2020**
-
-
77
649
4,693
2,053
1,687
-
-| |---|---|---| |||**9,159**| |||3,000
694
13,100
4,022
548
541
1,713
1,421
145
-
4,943| |||**30,127**| 9 Oriel Ministries NOTES TO THE ACCOUNTS As at 30 November 2021 ## **3 TANGIBLE FIXED ASSETS** |**TANGIBLE FIXED ASSETS**|||| |---|---|---|---| ||_Leasehold_|_Plant &_|| ||_Improvements_|_Equipment_|_Total_| ||_£_|_£_|_£_| |Cost at 1 December 2020|11,727|48,884|60,611| |Additions|-|105,425|105,425| |Disposals|-|-|-| ||——————|——————|——————| |At 30thNovember 2021|**11,727**|**154,309**|**166,036**| ||——————|——————|——————| |Accumulated depreciation at 1 December 2020|-|32,117|32,117| |Charge for year|-|9,589|9,589| |Depreciation on disposals|-|-|-| ||——————|——————|——————| |At 30 November 2021|**-**|**41,706**|**41,706**| ||——————|——————|——————| |**Net Book Values**|||| ||——————|——————|——————| |At 30 November 2021|**11,727**|**112,603**|**124,330**| ||——————|——————|——————| ||——————|——————|——————| |At 30 November 2020|**11,727**|**16,767**|**28,494**| ||——————|——————|——————| Oriel’s use of a vehicle has now ended; Oriel continues to have use of sound and light equipment on free loan from Mr C Uglow, Oriel has undertaken to cover the maintenance and repair costs of items on free loan whilst in its care. ## **4 ANALYSIS OF FUNDS** |||Net|||| |---|---|---|---|---|---| |**Restricted**|||||| |**Funds**|B/fwd|Income|Expenditure|Transfers|C/fwd| ||£|£|
£|£|£| |Pulse Bus|34,208|105,152|
21,039|-|118,321| |**Total restricted funds**|**34,208**|**105,152**|
**21,039**|**-**|**118,321**| |**Unrestricted funds**|||||| |General reserve|27,076|63,851|
55,092|-|35,835| |**Total unrestricted funds**|**27,076**|**63,851**|
**55,092**|**-**|**35,835**| |**Total Funds**|**61,284**|**169,003**|
**76,131**|**-**|**154,156**| **Unrestricted funds** comprise those funds, which the trustees are free to use in accordance with the charitable objects. 10 Oriel Ministries NOTES TO THE ACCOUNTS As at 30 November 2021 **Restricted funds** comprise those funds, which the trustees have to use in accordance with the specific request of the donors or terms of the income stream. ## **5 TRANSACTIONS WITH DIRECTORS** There were no transactions with the Directors in the year. ## **6 CONTROLLING INTERESTS** The company is limited by guarantee and each member’s liability is limited to £1. The members’ interests are as follows: ||_2021_|_2020_| |---|---|---| ||_£_|_£_| |Mr E Krolik|1|1| |Mr S Ovens|1|1| |Mrs R Krolik|1|1| |Mrs J Biddle|1|1| |Mr D Buckley|1|1| |Mrs R Quinn|1|1| |Miss G Forsyth|1|-| |Mrs J Hatch|-|1| 11