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2022-11-30-accounts

Company No: 07081812 (England & Wales)

ORIEL MINISTRIES

Accounts for the year ended 30 November 2022

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

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

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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 as contained within the 3 Charity Commission public benefit guides – to be a charity, to operate as a charity and to report on a charity’s work. 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 2022 in light of this guidance and in accordance with the principles outlined in the SORP 2019 (2[nd] edition). Although there have been no new appointees to the Board of Trustees within the financial year 2021-2022, trustees can further confirm that, as part of the induction process of new trustees, the above material is an integral part.

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.

2021-2022 has seen Oriel Ministries grow in many areas. Shake Shop, our free at point of use drop-in after school club, has continued to run twice weekly. The young people enjoy the safe social space, range of gaming activities, milk shakes and burgers on offer. On average 22 young people attend weekly, although on many occasions numbers exceeded 30 at a session. There have been a total of 1,711 sign-ins over the year (many of these are repeat visits of course). Izzi, Harry, Jordan and Chris have continued to gather them together for a brief testimony slot during each session as well as spending quality time interacting with the young people when staffing levels have allowed. Over the year 5 young people have responded to the Gospel as a result of these Testimony slots. Bibles have been given and it is hoped these young people will wish to join other groups over time.

With a change of youth workers in May, staff began to seek God’s direction for an alternative approach to the Discipleship Clubs, feeling a more graduated approach was needed if they were to reach more ‘un-churched’ youngsters. ‘Rooted’, therefore ceased to run as a club and Four12 was established from September, providing a natural bridge from Shake Shop into early discipleship. Its inspiration coming from Timothy 4, v.12. Thankfully, the 4 young people who were originally part of ‘Rooted’ have become young leaders, along with 2 others and ‘Overflow’ has been launched to enable much deeper study for those secondary aged pupils who wish to learn more. There have been an average of 11 young people attending Four12 in its first term, although numbers are increasing. To facilitate these new groups, Trustees have funded an online resource, Energize, which is proving invaluable as a planning and support tool.

The team, under Izzi’s leadership, were keen to work ecumenically and have recently worked with churches across Launceston to hold ‘Illuminate’, an alternative to Halloween, where young people from 5-16 came together using the venue downstairs, as well as our own Loft space, to enjoy a Light Party. 126 came plus parents, great fun was had by all, the Gospel message was shared and within the older group 15 responded to the Altar call. As a charity, we are keen to build on the success of this ecumenical event and hopefully build better links with the local church community.

The Pulse Bus, despite many significant mechanical failures early on, has now become far more reliable, enabling us to consistently run programmes that had been hitherto remained in the

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Oriel Ministries

TRUSTEES ANNUAL REPORT

‘planning stage’. We successfully completed a program of visits to Boyton over the Autumn and Spring Terms of 2021-2022 resulting in sharing the Gospel with 21 children, 16 of whom transitioned from the bus to Shake Shop and a small number into church life. During the Autumn term, the bus moved to the Co-op car park, Newport Industrial Estate, where the early numbers quickly grew to a regular 20 plus each week. It is envisaged that this particular program of visits will be extended into the New Year in order to invest further in the relationships with vulnerable young people that are being forged. Again, we have noticed young people transitioning to clubs in the Loft, having met the team initially on the bus. It is hoped that, with increased capacity, the Pulse Bus will be parked at more than one location each week although finances and increased staffing levels need to be in place before plans can be firmed up. The Pulse Bus has also successfully supported community and Christian events during the year – Jubilee events at Callington and Wadebridge, Bodmin Youth Project, Okehampton Show and CreationFest. Such events bring small amounts of revenue into the charity and also give an opportunity for us to serve our wider communities with the Good News of Jesus.

In addition to managing all matters pertaining to the Pulse Bus, Chris, in his role as CEO, continues to work with our fundraiser, Chell-Perkins, churches, local businesses and individuals to secure the funds needed to run the charity. A further £60,049 has been received over the year for the bus, plus a further £40,299 for the charity in general, highlighting the value of these links and the importance of the time Chris gives to representing Oriel Ministries within the wider community. We have agreed to continue working with Chell-Perkins, looking to funding other aspects of the ministry including core running costs in the future. Under Chris’ leadership, staff and Trustees have also reviewed in-house practices, including Working Agreement, safe-guarding and DBS, E- safety, Finance, Whistle Blowing, Fire Safety and First Aid and Kitchen Hygiene. The latter has involved significant time and financial input but we now have in place working practices, cleaning materials, uniforms etc to ensure FSA compliance and hopefully score 5/5 whenever an inspector calls. Fire safety compliance and drills are now part of staff practice.

Having worked with Harry during the second year of his SWYM training, Trustees took the decision to extend Harry’s placement and commit to supporting him through his 3-year Degree in Applied Theology. We are grateful for the generosity and kindnesses of those who have supported Harry both financially and in practical ways. As we entered 2022, Matt and Kerri began to prayerfully consider their next steps and left Oriel to work part-time with their church and part-time with CreationFest in May 2022. They had served the ministry for many years and we wish them every blessing. Aware of the need to increase capacity, Trustees took the decision to advertise for an additional youth worker. Izzi was appointed also in May, initially for 18 hours a week, although her contract was quickly increased to 28 hours weekly in recognition both of the need and of the attributes she was able to bring. Aware of the need to increase our Social Media presence, the decision was also taken to employ Lydia on a 6-month contract to build output in this area and provide in-house training for Izzi so that once the contract ends, we will be able to incorporate greater social media responsibilities into youth worker roles and thereby increase their contracted hours. All new staff receive an induction package, including their working agreement, safeguarding, health and safety, e-safety and visual images policies on joining the team.

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.

LOOKING FORWARD

As a charity, it is essential to plan ahead. The Trustees and Chris held a vision prayer evening where future hopes and needs were shared. These included increased capacity within staffing and volunteer numbers, future building needs to enable a wider offer of clubs, greater links with churches and community and ongoing financial support for the work. It is hoped next year’s AGM report will reflect the charity enjoying greater capacity and even more young people being reached.

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Oriel Ministries

TRUSTEES ANNUAL REPORT

FINANCIAL REVIEW

The ministry has again been blessed financially by significant gifts to develop the work.

The Financial details about Oriel Ministries can be found from page 7 onwards. The Statement of Financial Position shows that the total income for the year 21-22 was £108,874 in comparison to £169,003 in the previous year. Whilst this represents a significant reduction of £60,129, it must be remembered that much of the incoming monies in the previous 2 financial years have been for the capital expenditure of the Pulse Bus. Of the total income figure, £60,049 has been restricted funds for the Pulse Bus project, much of the money raised having been as a result of bids made by Chell Perkins, highighting the value of their consultancy. Most of Oriel Ministries’ remaining income, £40,299, has been either gifted by individuals, businesses and local churches or granted from other charities and we are immensely thankful for their ongoing support. The loft takings of £8,525 are an increase on the previous year, (£3,235), reflecting the increasing numbers of young people attending our clubs and purchasing ‘tea’ whilst they are with us. Trustees have closely monitored this area of spend, taking into account the small salary of our part-time cook and the cost of ongoing food stuffs and occasional replacement equipment; we recognise that in its current format the Loft Kitchen is not income-generating as had been initially presumed but feel its value is far greater.

Expenditure this year has also been higher at £112,712 compared with £76,131 in the previous year. Page 10 details the break down of expenditure. These figures are largely self-explanatory but it is important to note the following;

The Balance Sheet details values of existing fixed assets (Pulse Bus, PA equipment, Kitchen equipment), less their depreciation value, plus new items purchased in 21-22 (camera, 2 x laptops, 2 AppleMacs, haze machine, installation of Audio Visual equipment in the Loft and a system controller.

There is an increase this year in the Creditors line also. This is to reflect both the remaining HP agreement on the van and the outstanding debt to Chris and Nikki Uglow for technical equipment.

We continue to thank God for his faithful provision for Oriel Ministries and the opportunities He provides. However, none of the projects would exist without the regular unrestricted funds needed to cover our core running costs. Chris, as CEO, and the Board of Trustees are ever mindful of the need to secure increased giving in this area and will continue to work with Chell-Perkins to consider useful strategies to achieve this.

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Oriel Ministries

TRUSTEES ANNUAL REPORT

RESERVES POLICY

Free reserves held by the charity should be maintained at a sufficient level for the orderly wind up of the charity free from debt. Currently no debt is held against assets owned by the company. Assets loaned would be returned.

STATEMENT OF DIRECTORS’ RESPONSIBILITIES

Law applicable to companies in England and Wales requires the Directors to prepare financial statements for each financial year that give a true and fair view of the state of the financial activities of the company and of its financial position at the end of that year.

In preparing those financial statements, the Directors are required to:

The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

INDEPENDENT EXAMINER

A resolution to re-appoint A Wing LLB FCA as independent examiner will be put to the Annual General Meeting.

This report has been prepared in accordance with the Accounting and Reporting by Charities Statement of Recommended Practice: applicable to 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.

By order of the Board

Director / Trustee (Chair)

Date: 28.03.2023.

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Oriel Ministries

TRUSTEES ANNUAL REPORT

INDEPENDENT EXAMINERS REPORT

I report on the accounts of Oriel Ministries for the year ended 30 November 2022, which are set out on pages 7 to 12 below.

Respective responsibilities of trustees (directors) and examiner

The organisation’s trustees are responsible for the preparation of the accounts. They consider that an audit is not required for this year under Section 144(2) the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to:

Basis of Independent Examiner’s Statement

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the organisation and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention:

.......................................................................... ..................................................... A Wing LLB FCA Date

(Fellow of the Institute of Chartered Accountants in England & Wales)

Wings Accountants Ltd, Unit 1, Pearl Assurance House, Elbow Lane, Tavistock, Devon PL19 0BG

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Oriel Ministries

STATEMENT OF FINANCIAL ACTIVITIES 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
£
40,299
8,525
1
48,825

29,072
41,058
70,130
(21,305)
-
(21,305)
(21,305)
35,835
14,530		 Restricted
income
funds
£
60,049
-
-
60,049

24,573
18,009
42,582
17,467
-
17,467

17,467
118,321
135,788		 Total this
year
£
100,348
8,525
1
108,874

53,645
59,067
112,712
(3,838)
-
(3,838)
(3,838)
154,156
150,318		 Total last
year
£
165,766
3,235
2
169,003
39,746
36,385
76,131
92,872
-
92,872
92,872
61,284
154.156

Oriel Ministries

BALANCE SHEET at 30 November

Note 2022 2021
£ £
FIXED ASSETS
Tangible fixed
assets 3 136,099 124,330
------------ —————
CURRENT ASSETS
Bank & cash in hand 23,551 30,369
Prepayments 2,000 2,153
----------- ——
25,551 32,522
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE
YEAR: (11,332) (2,696)
------------- —————
NET CURRENT ASSETS 14,219 29,826
NET
ASSETS 150,318 154,156
————— —————
FUNDS ACCOUNT
Restricted funds 4 135,788 118,321
Unrestricted
funds 14,530 35,835
—————— ——————
NET
FUNDS 150,318 154,156
————— —————

For the year ended 30 November 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime

These financial statements were approved by the directors and authorised for issue on the date below and signed on its behalf by:

………………………………………………….. …………………………….

Director Mr S Ovens Date

Company No: 07081812 (England & Wales)

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Oriel Ministries

NOTES TO THE ACCOUNTS As at 30 November 2022

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

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Oriel Ministries

NOTES TO THE ACCOUNTS As at 30 November 2022

2 ANALYSIS OF EXPENDITURE

Charitable Activities
South West Youth Ministry
Missional resources
Team clothing & merchandise
Events and facilities hire
Fuel & maintenance of vehicles
Donations & gifts
Loft Kitchen
Loft activities & equipment
Staff costs & training
Other Expenditure
Consultancy - fundraising
Publicity
Rent
Office expenses
Bookkeeping
Insurance/governance
Utilities & building expenses
Cleaning & waste disposal
HP interest
Bank Charges
Depreciation/profit on disposal		 2022
3,780
620
2,871
2,332
26,139
2,102
6,504
1,192
8,105
53,645
13,773
3,338
16,250
4,483
312
1,157
2,057
2,836
434
127
14,300
59,067		 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

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Oriel Ministries

NOTES TO THE ACCOUNTS As at 30 November 2022

3 TANGIBLE FIXED ASSETS

Leasehold
Plant &
Improvements Equipment
£
£
Cost at 1 December 2021
11,727
154,309
Additions
-
26,666
Disposals
-
(900)
——————
——————
At 30thNovember 2022
11,727
180,075
——————
——————
Accumulated depreciation at 1 December 2021
-
41,706
Charge for year
-
14,597
Depreciation on disposals
-
(600)
——————
——————
At 30 November 2022
-
55,703
——————
——————
Net Book Values
——————
——————
At 30 November 2022
11,727
124,372
——————
——————
——————
——————
At 30 November 2021
11,727
112,603
——————
——————
4 ANALYSIS OF FUNDS
Net
Restricted
Funds
B/fwd
Income Expenditure
Transfers
£
£
£
£
Pulse Bus
118,321
60,049
42,582
-
Total restricted funds
118,321
60,049
42,582
-
Unrestricted funds
General reserve
35,835
48,825
70,130
-
Total unrestricted funds
35,835
48,825
70,130
-
Total Funds
154,156
108,874
112,712
-		 Total
£
166,036
26,666
(900)
——————
191,802
——————
41,706
14,957
(600)
——————
55,703
——————
——————
136,099
——————
——————
124,330
——————
C/fwd
£
135,788
135,788
14,530
14,530
150,318

Unrestricted funds comprise those funds, which the trustees are free to use in accordance with the charitable objects.

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.

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Oriel Ministries

NOTES TO THE ACCOUNTS As at 30 November 2022

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:

2022 2021
£ £
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 1

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