Cornpany No: 07081812 (England & Wal••l ORIEL MINISTRIES Accounts for the year ended 30 November 2023
Oriel Ministries TRUSTEES ANNUAL REPORT COMPANY REGISTRATION NUMBER: 07081812 CHARITY REGISTRATION NUMBER: 1134992 DIRECTORS I TRUSTEES Edward Krollk Steve Ovens Ruth Krollk Jayne 8Sddle David Buckley Rachael Quinn Georgia Forsylh Stephen Howard (appointed 2 November 2023) REGISTERED OFFICE S(MJthgale Technc4ogy Park P8nnygillam Way Pennyglllam Ir9181 Est8tg L8unceston PL15 7ED BANKERS HSBC Bank plc 4 Old Town Street Plymcxrth Devon PL1 1DO INDEPENDENT EXAMINER A Wing LLB FCA Wings A£¢wntsnt$ Ltd Unit 1, Peart Assurance House Elbow lane T8ViStock Devon PL19 OBG
Oriel Ministries TRUSTEES ANNUAL REPORT TRUSTEES ANNUAL REPORT- FINANCIAL YEAR DECEMBER 2022- NOVEMBER 2023 INTRODUCTION The Iruslees of c1 MlnistrEs ('Oriel'l who also acl as Directors of for the purwses of the Companies Act 2006. confirm Ihal they have complied wrth the duty in section 17(51 of the Charities Act 2011. larKI updated in the Charittes Act 2022), to have due regard lo the Charity Commissioner5 General GuKYance on Publ Benefit in exer¢isirrfJ their powers or dulEs as contained wlthin the 3 Charity CommBsKJn put4ic benefit guides- to t a charity, to opeTate as a charty and to rep)rt on a chanty's work. Th8y have refeffed to thls guidance when fevtewlng Oriel Ministries Aims arKI Ob'Ve5 and in planning tts fvrture activities and present Ihelr annual report and the financkgl statements for the year ended 30 November 2023 in Ilght of this guKl8nc8 8nd In acCnCe th8 pYlnciF4es ¢xrtl1d In the SORP 2019 ( edlon). The Board of Trustees apwinled Stephen Howard as a now Iwstee during the flnan¢lal year 2022-2023, and tru$tee5 can lurth8r confmi the irKluctlon wo¢8 incjuded r8fer8n¢e to tho above legislatn. The company was irKoTporated on 19 November 2009 as a company limited by guaranl8e and was registered with tl Charty Commiss#)n as a registered charty nun)er 1134992. OBJECTIVES OF ORIEL. PRINCIPAL ACTivmES AND ORGANISATION OF OUR WORK T1 charlty alms to advance. for the public benefrt. Christian youthYA)rk in the Southwest. A8 stated in our MerrandUm of A55¢xialbn. our purpose in summary is: 1. To 98 your¥J Fwple 0ppjrtunitS to expl0 the Chrlstian faith. 2. To help churches and other cryanisatKJr6 workirNJ with young people provide altractfve follow up event5 in whh they wll fed cornfclabl8 aTrJ be able to learn mor8 of th8 Christlan latth. 3. To help young [PIe reach thelr kKtential In th8 schcd and commun#y and enable trm to be the solLrtknn rather than the probl8m by adoptlr@ Ilfe chol. Orlel Mlnislrles has undergone several ¢hangg$ during the flnancial yr Decem&er 2022 N0mber 2023, Indudiro Ihe appolntmenl of now staff and some organlsallonal restruclurln9. Trusl8é$ have taken an Increased role. arKI have met 10 liThs over the year, both for ordinary ao well as extra-ordlnary Trust Board m8etlrvJs. Th18 13 In addltk)n to ffnthly financé Gommittee meetings and others 8$ requlTed. Prayer rem8ln$ contr81 to all we do; Trustee and staff meetings Inckth tlmes for prayer and montNy Heartbeat meetiros anned to Indude wayer partners al80. It was good to wek¥Jme Nikki. o)-fourKJgr ol Oriel Ministri88, bad¢ to t team after an exlend8d ¢•reer break. in September. Nikki has fcaSed on getting to krKiw the team inftially and is looklrg forward lo developirwJ a new sch(Kils' arKI music proioct over ts. Chts, our CEO, has takon a sabbalical and is due to retum on a phased basis in the New Year. We app)inted an addf(ional youth worker, Rachel, lo the team in May to irvJease capacty. Her initkql contraGt of 16.5 hour5 was later exteThJed to 20 hwrs per week to allow for in-PvJ5e clg3nlng of bus and wemises. Izzl's contracted lime was also InThsgd to 34 hours per week having taken on greater social media r8SFK•nslbilitEs. an IMrrtant aspect of rKomots'rvJ Mrjrk oflho charlty. Hary, in the ?d year of a Theology degree has conts'nued his placeffent at Ctri81 Mint5tri8s and has recent celetrxat8d hls marriage to Lydia. our rro5t recent addr(n to the team. Lydla Is currently in voluntsry youth worker role. We are grateful to ChrB and Jayne for wel(ximing thom into thoir ho untll rn0 permarent SIng becomes availat4e. We were sory to see Kat8, our voluntsry finan ofFicer, leave in DeMber, but were grateful for the smooth trans[tn to Debra takiNJ on the im)rtant work and have benefftted greauy from her expertise. We also sakl goodbye and thank you lo Teresa, our cook: Chrfs. Harry and Izzl are temporarily fllling this rol8 until a new appolnlmont Can b8 made. All staff reive an package, Including thelr VKklng agreemenl, safeguardlro, hoallh safety, e•safety arKI vlsual Images pjllcies on InIng th toam and with the return of Nik., It & •nvls8wJ that this wll t extended to Indude 8pecrflc minislry-focus8ed training.
Oriel Ministries TRUSTEES ANNUAL REPORT 2022-2023 has seen Ckiel Ministries conlinue to 0p its Loft-based a¢tlvltla$', Shake Shop. our free at point of use drop-in after school club, has continued to run tV41ce weekly. Thls 1$ where our young peoplè can enjoy a saf& s¢xial spa. a range of gamin9 aCtideS. mllk shakes and burgers. On average 23 young people have attended sessions. although on occasions numbers reached 38. There has been a total of1.626 sign-ins over the year (many of these a repeat v4slts of course}. The youth workers gather them together for a brlaf testimony slot during each session as well as spendlng qualty time inleractlng with the Y(ng people vthen st8ffing levels hav8 allowed. Whenever young people have responded to the (>)SFel. Bibles have been given and these young people encwfaged lo j(Hn olher grwps to grow in thelr faith. It is always exclung to see Yth we meet on the Pulse Bus transition into regular clubs and b8gin their own 1meY. Four12, our ffirsl step. discipleship gr(yJp has mel ¥klY wlh an average of 13 attending each session. Grp5 have sometimes been as large as 22 young pa. Cfverfiow. aimed at de&per study those secxjndary aged pupils vtho wrysh lo laam mc¥e, Is currenlty a smaller group vAlh some dder members harrfJ moved on to hjher educatlon or employmnt. The team. under Izi'¥ loadership, has again VKked ecJJm8nicalty with clrCheS acro88 Launceston to hold 'llluminale 2023.. an alternatNe to Hallown, vthere young peopl& from S-16 ¢am8 together usiNJ the venue downstairs. a5 15 as wr own Loft space, lo enjoy a Luhl Paty. Approxifflately 120 came F4us parents. great fijn vrds had by all, the &)spel message was shared. 8nd 9 young people expressed a dgsire to leam mm aboul Jesus. We re thankful lo Nlkkl and Tom for brlnglng the message arKI to all the team and many volunteers for maklng It a succ8ssful and Safe event. Thls year we were de1hled to ha been supportsd by avery d8nomlnallon across the tovm and were Ihanlrful to Launston Churth88 T(yJether for gfving u8 8 plat1rn at whlch to share the vi8lon for Ihe event. la, Hary and Lydla look 4 young people to Umtd8ss, a Christtan Festlval Nn by the Ellm Church, during the $ummer providlng an incredible ¢)pportunlty for growth both as Chrfstians and also In leadership qualltlos. Tho ovent was underpinned finanallY by ori81, r•¢ogni$lng the huge ben8flt8 events such 8$ this can brlng lo young peop18. lu a¢¢omp8nled 1 young person to a leadership seminar. en81ng the young person to explore mi$sion fijrther. The youth workers have also begun exploring new'on&off events lo reach famllles durtrKJ hdiday Ilmes. This has included successful 'F8mily Shake Shop Bash. in August (attended by 80 Yng peopl8 and pargnts) and half term Family Film and Dine club. lattor planned to become a regular event providlng safe and engaging environment dunrKJ school holidays en there is little alternaUv8 provision thin the tovm. These events afford not only a $8fe, alternative spa( but aso an InsIve welcome and an apportunty to show Chrlsvs love in ackn to the vAder communlty. The Pulse Bus. urKler Chris, leadetship. has fun se¥Bral proJramm8s over the year. We successfjJlly complèted a Prcgram of wsits lo thg Coryop car park. N8WPOrt Industrial Estats al th& end of December. and then relocated to the Leisure Cantre before spending some of the summor al Chapel Parc. Sadly, Chris vras unable to lead on the bus over the autumn lerm and we were very grateful lo Richard for steppiThJ in as cover41river and to Harry for takiThJ addits.onal reSpOnbIlIty. This enabled us to take Ihe bus to South Petherwin. linking in with first school assernbly in a while.. a great opportunity f(x Nikki and the y(wth workers lo experience working together on schools. mission. Taking the Pulse Bus into the community 8nables Ihg team to build ralatsonships wrth vulnerable young people, providing a listening ear to sm of the most marginalised and encouraging them to consider positNe life choices. Some ofthose w& meet laler transrtlon to clubs in the Loft. vthere we can ccmlinug tojoumey with thém. Thè Pulse Bus attended the Launceston Show, Paring alongside tho Churches Together Tent. Despite the dreadful weather conditions, many young people came on board giving an Opptunity for us lo serve our wlder communities wtth the Good News of Jesus. Looking forward, it is hcped lo establish a more regular pattern of school assemblies. church vlsits aThJ associated bus prcgrams to maximise the use of this irwdible mobile youth dub resource. Chris has contlnued to wr fiJr*alser. Chell-Perkins. churches. local bvsinosses and individuals to secure the funds needed to njn the charity and it is antiapated that this role WIN increase as the charity develops fijrther. Staff and Truslees have also reviewed in-house practices. indudiNJ Working Agreement. safe-guarding and DBS, Finan. Fire Salety. First Aid and Kitchen Hygiene. We re deloqhted to be awarded a sc(e 515 from the Food Hygiene Inspector when he visiled in July and ccffitinue to Mc[tor kilchen practices against Ihis standard.
Oriel Ministries TRUSTEES ANNUAL REPORT FTh safety comFAlaE and drills are also part of stsndard practice. Both Trustees and staff hav8 Undergo SaleguardirvJ Training durirKJ the year and Iza, as dewty DSL, has also r8ceNed higher level trdining to fulhl rc4e. We continue to be blessed with a Trusteg Board bn'ry a we81th ofexperbnGe knowledge to Oriel Ministries, suptKrtirYJ the hard VI[k of thg staff and vc4unteers, and ensuring polldes and procedures are in a¢e for comFliance aThJ safety. LOOKING FORWARD As a charty, it is essential to plan ahead. The Trustee5 arKI staff held a vision day, led by Sleph&n. where future hopes ar needs V•Pte shared. the oUtCon of whh have Leen crafted into 3 key act1n an$ to direct the futur8 work of th8 Board of Trustees. ActnS indude stsff well-teing, increased capacity within staffing and vdunteer numt¢rs, fvture trAJilding ed$. greater Ilnks With churche3 arKI community and orNJoing finar181 suptKKt for the work. It is hoped next year's AGM rep)rt will raflect charty enjowng 9atsr capaGty. the SchocAs and MUS project e¥tsbllshed. and even more youThJ people beiro reacw. FINANCIAL REVIEW The mlnlsty has again been blessed finartially by 5ynrfunt grfts to dev&lop the work. The Ststsment of Financlal ActNit$ slKJW6 thal tolal Incom8 for the charty was £94.408. In comparison to £108,874 In the PreVS year. £85,133 of thls income has been eilh&r glfted by IndldUalS, businesses and k1 chwches grnntsd from other CharleS. in MparisOn wlth £100,348 in 2021-2022. £24.081 of this total amount are classed as restTtted fvnds for Ihg Pulse Bus proiect as some awards have been soldy to fuThJ slaffiro and running costs for this project. The drop in donated income is due to a numbgr ol factors; the build is now complete and hence th8 need lor catal furKls has been les$ in 2022-2023, 11 Is harrler to raise revenue fvnds as many furnlers are keen lo support n8w wJga$ trArt less keen to SUPFQrt their orKJoing runnlng costs. some regular suppjrters have ceased their nnthlY gNing and CtrBI has b88n unabl8 to maintsin a regular schedule of church tours whh previou$ly thryild have brought in both on8voff and new regular donations. As we move f(wward. there needs to be greater intentnalty to address this. Much of the ryw)n8y raised has been be¢auso of blds mado by Ch811 Perkins, hlghllghling th8 vae of their consultan¢y. Other incorr has Increased over tho past year with lakiros. largely ol loft kttchen sak3$. shoing an armunl of £9275 in companson vith £8,525 in 2021-2022. Expenditure this year has als0 been lower at £107,513 compared with £112,712 in the prevlou8 year. The AnalyEls of Expenditure shov•E a ftjrther breokdown. Signrficant varianc£s include; South We51 Youth Ministry costs {we were blessed vAth a donath)n of £3.OW tho prev)us year whlch reduced this arrUnt synfftanlly).. Fuel arKI maintenance ol vahkles (the Pulse Bus has needed much less mechanul work. fly which we are very gralelul): Staff costs Iw& have n8eded to Increase cap8oty to ensure wwk can bg dong as we have struggled to gathar volunteers).. Rent {2022 8h)wed a pre-paymenl. wherea5 2023 is for only 11 rrvJnthsl'. HP (the van has now been fully paid for}. It 5houkl b8 noted that staff costs and tralning costs wlthln Ihese Novemb&r 2023 accounts amunt to almst £27,OfyJ and, whilst it is genulnetywonderl to b8 abl8 to support young Chrislkn$ to contr1t8 lo th8 work of Oriel ministr8, it highluhts the need for addkkjnal salary support funding whenever possibla or an over811 Increase In 98neral fundirvj that can Contrlbute to fundlng members of staff aTrl their noeds. In tomis of rfrstrict¢d fijnd Income and expendlture, primarily the Pulse s, a percentage of salarw has teen all¢x4ted lo the bus. The Balance Stret details VaeS of rthv and exisliry fixed as8ats (Pulse Bus, PA equlpm8nL KkGhen equipment, (3rrora. 3 x laptops. 3 Applemacs, haze machine, installation of AudKhVisual equipment in the Loft and a system controller). It is imtmylant to Tr)te that th8 value ol the IS and its cOnversn costs are induded Fixed A55ets a5 this reFX8sents a Capital gxpenditure and also wthin the depreCIatn values as have lo ba calujlated annually by tho accountant. The awounts thnIca sh)w a loss of £13.105. trArt this is essenliaty due to the bJok enty for deprecviation. M the deFYeciation fvjU were to be reftV9 frDm th8 a¢xx)unts, there would b8 small overall surF4us £251.
Oriel Ministries TRUSTEES ANNUAL REPORT We continue to thank GcJ for his fathfvl provisM Ckn'el Ml$frIe$ aTrJ th8 QPPQrtunities The Fljlse Bus. Loft Activiti"es and future plans f¢x SchLK4s' Ministy wll provwje. However. none of the projects w)uld exist wlhrArt the regular unrestrvX8d fvnds needed lo cover Ir core running costs. The Board of Trustees is ever rrdndfvjl of the need to secure increased gNing in this area and wil continue to wrxk wryth Chris aThJ ChelkPofyins to o)nsider usefi4 stratsgigs to this. RESERVES POLICY Free resoTres hald by tha charlty ShC be malntslned at a sUfficnt lovd for the orderly wlnd up of the charlty free from debt. Currenlly no debt is held against assets 1Vnad by the company. Assets loaned would be returned. STATEMENT OF DIRECTORS, RESPONSIBILITIES Law apF4iGabl6 to ¢¢ffipanies In England and Wales requlrns the OkoctOf6 to preparn flmnclal slalements f¢x each financ4al year that give a Ill and fair vlewofth8 State of the financial actlv11188 of the company and of its finarrial pc6ilion at the end of that year. In prepadng those finand81 slatements, Ihe Dlrectc¥s are rnqulred to.. select sultabl8 acccxjnting polIcS and then appty them con51sl&nUy; make judgements and esttmates that are reasonabb and prudert state whether appllcable accounting starthrds haNp b88n folknwd, sutfj"8Ct lo any materlal departures dlsclosed and exFlained In the ffinanclal stat8ments', prepare the flnanclal statements on the 90irYJ concern basls un$11 Is InapFwlgte to pre8um8 that the company vlll continue in opgrthn. The Dlrectors are respThn51ble keeping proper a¢counllng reccxds whlth disclos8 wlth reasonable accuracy at any lime the finandal rM)sition of the company aTrJ which enable them to ensuffj that the financial statements nplY the Companies Act 2006. They aTr also responsible for safeguarding the assets of the company and herKe for ts.ng reasonable steps for the prevention and deleclion of fraud and other iwulariti6$. INDEPENDEKf EXAMINER A rèsolution lo rmppolnt A Wing LLB FCA as ind&pendent examlner wlll be wl to the Annual General Meeting. This report has been prepared in accordance wlh the Accounting and ReportiThJ by Charities Statement of Recommended Practice.. applicable to chariti8s pTèporing their accounts in accordance with the Financial ReportiTrJ Standard applKable in the UK and Republic of Ireland IFRS 1021 leffecbve 1 January 20151 and in acc(Ydance bmth the srecl wovisions of the Companies Act 2006 relating to small entities. By order ofthe Board 18lrectcrl Trustee Date..
Oriel Ministries TRUSTEES ANNUAL REPORT INDEPENDENT EXAMINERS REPORT I report on tho accounts of Oriel Ministries the year ended 30 )veMber 2023, lch ar8 set oul ¢Jn pages 5 to 8 trw. Respectlve rnsponslbllldes ol trustees (dlro¢torsJ and examlner The organisation's trustees are resFOne for the preparatn of the accounts. They conslder that an audh is not requFred fcf Ihts year uThJer Se)n 144121 t Charities Act 2011 {th8 2011 Act) 8fKI Ihat an indendent examinatk)n is rfjded. tt is my reswnsibility lo.. Examine the afxounts under se(#ion 145 01 the 2011 P To follow the PrOdureS laKI down in the gewal Directions g[n by th8 Charty Commis5K)n under SeCtn 145{5)Ib) of the 2011 Act To slate whetr partlar matteTr have come to my attention. Ba$ of Independent Examlnevs Stafvment My oxamination Was carried out in accordance wlth th8 Gen8ral Dlrections glven by the Charity Commissioners. examination indudes a review of the accounting raeords kept by the organisation and a wmparison of the accounts presented th these records. 118150 includes consideration of any unusual items disck)Su$ in the accounts, and seeking explanations from the trustees concerniry any such ryk4tters. The pro¢edures undertaken &J not provide 811 tho eviden¢e that wouhj te required In an awjh, and ¢onsequenily I do not exFO8S an audlt oplnlon on the accounts. Indep•nd•nt Examlns Statsment In connoctlon wlth my examinallon, rn matter has como to my 8ttontlon: <1) whlch glves me reasonablo cause to tr118ve that In any matertal resFrft th? wuirerrtsnts.. to keep atxountlng r8o)rds in awxdance with sedion 386 of ts Compank95 Act 2006: and to wepare arxounts which a(uwd with the accounliThJ record5. comrAy wtth the accountlr requirements of 5eclDn 3% of the Compani8$ Ad 2CQ6 and with tha methcrtls and InciF4es of the Stslement of RecomThndgd Fafllca: A¢rIng arKI Reportlro by Charities have mt Wn m81: or {2) to whkh. in my opinDn, attentlon b8 drawn In order to enablo a proper understandlng of the accounts lo reach8d BFCA (Fell w of tho Inslltute of Chartered Accountants In Ewland & Wales) Wln OBG s Accwntanls Ltd. Unit 1, Peart A6swarTh Hous8, Elbow Lane, TaVlstC, Devon PL19
Ori81 Ministries STATEMENT OF FINANCIAL ACTIVITIES at 30 November Tolal th ar Total la•t y•ar Unrn8trlct•d Incorno Noto• fvnds fvnd8 2023 2022 Ir*omo and ?ndowmonts from: Donations subs etc. 61,052 24.081 85,133 1CKI.348 Incom8 from other tradiThJ aCtIles- Events & Th8 Loft 9.275 9.275 8.525 Investment Incoff T¢)tal 70,327 24,081 94,408 108,874 ExndItur• on: Charitable activilie¥ 40.896 14.474 55.370 53,645 other Total r•aourcM •xp•nd•d 41.065 11.078 52,143 59,067 81,961 25.552 107,513 112,712 N•t Ioml (Exp•ndliur•) {11.6341 (1,471 } 113,105) {3,838} Transfer betwe•n fvnds N•t IncomIn{090lng) rnsources before othor r•Gognlsed galn¥llloss•s) (11.634) (1.4711 {13,105> (3.8381 Other recognlsed galnsl(108ses) Net movement In funds (11,634) (1.471) (13,1051 13.838 Total fvnd8 brought forward 14.530 135.788 150,318 154,156 Totsl funds carri8d forway 2,896 134.317 137,213 150,318
Oriel Ministries BALANCE SHEET at 30 November 2023 2022 FIXED ASSETS Tangible fixed assets 123,522 136,099 CURRENT A&8ETS Bank & cash In hand Prepaym8nt8 15,492 3.030 23.551 2.OCiI 18,522 25.551 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR.. 14,831) 111,3321 NET CURRENT ASSEf3 13.691 14,219 NET ASSETS 137.213 150,318 FUNDS ACCOUNT Restrthd lurwjs 134,317 135.788 Unrestrted lunds 2,896 14.530 NET FUNDS 137,213 150,318 year ended 30 November 2023 Ihe company wes entlded to exomplon from audil under seclbn 477 of the Companies Act 2006 relating to small companS. The members have not uired the company to obtain an audit in aw)rdan¢e wh seclion 476 of th8 Compan185 Act The dlrectors ackmvAedge thetr re$ponsI.lty for complying th the r8qulr8ments of the Act with respect to arAwntirYJ recwds aNJ for the preparatn of accounts Tl*se accounts have been prepared in acc(xdance with wovisions aptAieabl8 to companl8s Subject to the small rnpan regime TW finan¢ial stateffonts V•we apwoved by ts diredors autlwi58d for issue on the dat8 below aTrJ swJned on its b&haN by: 1.17 .12> Date:.... Company No: 07081812 (England & Wal•8)
Oriel Ministries NOTES TO THE ACCOUNTS As at 30 November 2023 ACCOUNTING POLICIES Basls of preparntlon of accounts The flnancial statements have been prepared und8r the h}stlC cosl conventlon and In accordance with the Statement of Recommend8d Pr8Ctice'kn¥yJnting and reFrtJling for Charlties, preparirvJ their aco)unts in acccrfdance Vlith the Financhgl ROting Standard aPpIable In Ihe UK and Republlc of Ireland IFRS 1021 {eff8Ctrve 1 January 20151 and in aCCr wth the sp8cial provisions ol the Companies Act 2006 rebating to small enlttl8S. In¢omlng r•sourc•s IncJ)me Is included on an acc ba$ls. ex¢ept vthen Ihe dcTrxs sp8afy th8t b6 u$8d In fijture accxJunUThJ p8rfcth donorfs conditlons have not b8&n fullulad. then the Incom8 bs deferred. Resourc•s expended Resources expended are included In the StateThnt of Financial ActlNIUes on an accruals basis, induslve of any VAT, which cannot b8 rVered. raxatlon Based on ils status as a ch8rltabl• comnY limited by guarant••, CKiel Ministnas is exampt from Corporalon Tax. Flxed •s$ets and daptlatIon Depreciation is provHJed on all tangible red assets al rates ¢aloAated to vrrit• off tho ¢o$t of tanglble ffixed assets over their usefvl lives, on Ihe fcAIov•ing basis: Motor vehicles and Flant & machlwy Fixlures, fittings & oquipment Pulse Bus 20% straight Ilntr & 25% reducing balance 15% reducing balance & 3 yrs stralghl Ilne 20 year strawjhl line
Oriel Ministries NOTES TO THE ACCOUNTS As at 30 November 2023 ANALYSIS OF EXPENDITURE 2023 2022 Charltablo Actlvtths ScKrth West Youth Ministy mis5nal resowces 6,485 3,780 647 620 Team dolhirvJ & merchandise 2.871 Events and thrfiti&s hwe 2,571 2,332 Fuel & Maintena of vehid8s 10,544 26,139 [)onali0r & grfts 1,514 2.102 Loft Kit¢fn 6,373 6,504 Loft advrfities & equipm8nt Staff Costs & traini 257 1.192 26,979 8.105 55.370 53,645 oth•r ExndItr Consutsry- fur¥JraisirKJ PublKty Rent 11,880 13,773 2,C(15 3,338 13,750 16,250 oiru exr86 3,859 4,483 B(x)kkeepir¥J InSurae190vernarKx Utlrtle5 & buildirvJ expanses Cleaning & wasts di5Fosal HP interest 1,595 312 1,027 1,157 1,943 2,057 2,439 2,836 120 434 8ank Ch8rges D9weCtI0nlrAof1t on dlsp)6al 169 127 13,356 14,300 52,143 59,oe7 io
Oriel Ministries NOTES TO THE ACCOUNTS As at 30 Nov8mb8r 2023 TANGIBLE FIXED ASSETS Leas8lM)kl Planl & Impmvennts Equpmgnt Total Cost al 1 DeC8rrtr 2022 Addits'ons Dlspctsais 11,727 180,075 779 191,802 779 AI 30° November 2023 11.727 180,854 192.581 A¢¢umulated deprlation al 1 Dents 2022 Charge for year Depre¢latlon dl$pcwl$ 55.703 13.356 55,703 13,356 AI 30 November 2023 69,059 69,059 Not Book Valu01 At 30 Novemb8r 2023 11,727 111,795 123,522 AI 30 November 2022 11.727 124,372 136,099 ANALYSIS OF FUNDS R••trf¢t•d Funds Incom8 Expenditure Transfers Pu188 Bus 135,788 24,081 25.552 134.317 Total restrlcted fvnd8 135,788 24,081 25,552 134,317 UnroStrlctsd fvnds Gerwal reserve 14,530 70,327 81.961 Total unrestrlctad funds 14.530 70.327 81,961 2,896 Total Funds 150,318 94408 107,513 137,213 Unrgstrlcted fvnds comprise thc6e fvnds. thich Ihe trustees are free to use In acc(dance the charitable objects. Restrlcted funds comprise those funds. the trustees have to use in attcdance Trmth the specific request of the donors or temis of the income stream.
Oriel Ministries NOTES TO THE ACCOUNTS As at 30 November 2023 TRANSACTIONS WITH DIRECTORS There were rK) transactK)ns with Dwectors in fv year. CONTROWNG INTERESTS compary Is Ilmrted ty guarantee arKI ea(* m8mberfs liabilty is limtted to £1. Tha members, interests are as follows.. 2023 2022 Mr E Krolik Mr S Ovens Mrs R Krolik Mrs J 8hldle Mr D Buckley R Quinn Miss G Forsyth S Howard 12