_**Trustees Report 2022 The Eldwick Church (TEC) Local Ecumenical Partnership (LEP)**_
## **Administrative Information**
The Eldwick Church is a single congregation, local ecumenical partnership (LEP), created by the merger of Eldwick Methodist Church (EMC) and St Lawrence's (district) Church of England (the "Participating Churches"). The LEP was established formally on 10[th] October 2010, when the Constitution, as approved by the original Sponsoring Body, West Yorkshire Ecumenical Council (WYEC), was adopted, and the initial Trustees of the charity were elected and appointed. The inaugural service of the new LEP (in the format of a Methodist Covenant Service), duly took place on 2[nd] January 2011. The Eldwick Church is based at the St Lawrence's church building. The church and the newly built (2018/19), integrated church hall are situated in the centre of the village of Eldwick.
The Eldwick Church is part of the Diocese of Leeds within the Church of England, and of the Airedale Circuit of the Yorkshire West District of the Methodist Church of Great Britain. The Eldwick Church LEP is a charity, registered with the Charity Commission (under charity registration number 1139493). The previous Annual Congregational Meeting (ACM) was held on 15[th] May 2022.
## **Objects of the Charity – Public Benefit**
The purpose of the Charity is to advance the Christian faith in the Area of Benefit, in accordance with the principles and practices of the Participating Churches. Eldwick Church provides a mix of styles of worship, all of which aim to be stimulating and challenging; and it seeks to encourage members to grow in the Christian faith and to demonstrate God's love in the local community and beyond.
To further and achieve its purpose, the Charity engages in a range of activities, either on its own or (where appropriate) with others. These include (but are not restricted to):
- _the celebration of public worship;_
- _the teaching of the Christian faith;_
- _mission, evangelism and appropriate outreach activities;_
- _pastoral work, including visiting the sick and the bereaved;_
- _the provision of facilities, with a Christian ethos, for the local community, including (but not restricted to), the elderly, the young and other groups with special needs; and_
- _the support of other, relevant charities in the UK and overseas_ .
## **Trustees**
The primary governing body of the charity is The Eldwick Church Trustees' Council. The following served as trustees during the year:
|ees during the year:|||
|---|---|---|
|Anglican Minister||Revd Brian Greenfield – throughout 2022|
|Methodist Presbyter||Revd TerryKeen – throughout 2022|
|Churchwarden||Richard Arnold – retired at the ACM on 15thMay2022|
|Churchwarden||Margaret Hartley– throughout 2022|
|Other elected trustees|**}**|Susan Huntington – throughout 2022(Chair from 15thMay)|
||**}**|James Huntington – from 15hMay2022|
||**}**|Gill Jowett – from 15hMay2022|
||**}**|Julie Smith – retired at the ACM on 15thMay2022|
||**}**|Anne Brown – retired at the ACM on 15thMay2022|
||||
|Co-opted trustees|**}**|Carole O’Neill – to serve until ACM 2023|
||**}**|Carleen Richardson – to serve until ACM 2023|
||**]**|Monique Lees – to serve until ACM 2023|
|Secretary||Alan Brown acted as Secretaryto the Trustees throughout 2022|
Page | 1
_**Annual Report of the Trustees for the year ended 31[st] December 2022**_
## _**Trustees Report 2022 The Eldwick Church (TEC) Local Ecumenical Partnership (LEP)**_
Under the terms of the Constitution (clause 22a), the current Minister of the LEP and Superintendent of the Airedale Circuit of the Methodist Church (Revd Clare Stainsby) are ex officio members of TEC Trustees' Council. Under powers available to the Circuit Superintendent, he/she may delegate this role and responsibility to one of the other Presbyters in the Circuit. Such delegation was made to Revd Terry Keen, with effect from 1[st] Sept 2021.
The Co-Opted Trustees were appointed by decision and invitation of the ex officio and elected Trustees, as provided for in the Constitution (clause 22c). Elected Trustees serve for a term of 3 years, or to the end of the 3[rd] Annual Congregational Meeting (ACM) following their election. Co-Opted Trustees serve until the next ACM, following their appointment. Following the Special Congregational Meeting (SCM), held on 6[th] March 2022, the maximum number of Co-Opted Trustees was increased from 2 to 4. There are currently 3 co-opted trustees and one vacancy.
This year the ACM will be held on Sunday, 21[st] May 2023. The Trustees held 10 meetings during the calendar year 2022. There was an average attendance rate of 82%.
## **Governance Structure and Processes**
To drive the detailed activities and work of the church, the “pillar” structure was created in 2018/19. All church activities are managed through one or more (most activities involve cross-pillar collaboration to plan and deliver church activities), of the following pillar groups:
- _Worship and Teaching_
- _Prayer and Pastoral_
- _Growing the Church (younger)_
- _Hospitality_
- _Communications_
- _Assets and Finance_
A “link trustee” is responsible for communication between the trustees (objectives and ideas for plans and actions informed and explained) and the pillar group co-ordinators (feedback, clarification and alternative suggestions as to approaches/plans). The link trustees are not the de facto leaders/chairs of their assigned pillars – each pillar determines how it will manage and govern its’ own discussions and deliberations.
Full congregational meetings are held, in accordance with the LEP Constitution, as follows:
- Annual congregational meeting (ACM) – at least 1 must be held each year, mainly to meet statutory and administrative requirements (elections for roles/offices, receive annual accounts, etc.)
- Special congregational meetings (SCM) – may be called at any time by the trustees or by written request from (at least) 10% of the current members at the time.
- SCMs are typically held to discuss and decide on matters of significance and/or of particular concern to trustees/members. For example, to decide whether to embark on a major capital project or to amend key policies or elements of the governing documents (Constitution, Sharing Agreement, etc.)
## **TEC Activities and Achievements in 2022**
A summary of the work done in 2022 is set out below; grouping the activities and achievements under the following headings, which are the main strategic objectives of the church:
- _**Developing Confident Christians**_
- _**Growing the Church (younger)**_
- _**Serving the Community**_
_**Annual Report of the Trustees for the year ended 31[st] December 2022**_
Page | 2
_**Trustees Report 2022 The Eldwick Church (TEC) Local Ecumenical Partnership (LEP)**_
## **Developing Confident Christians**
- After the welcome appointments of Rev Brian Greenfield (Anglican) and Rev Terry Keen (Methodist) to our church in 2021, there has been a period of adjusting to having 2 clergy who also have responsibilities for other churches / parishes. The lay leadership team have taken on more duties as a result. Increasingly, there is an over reliance on a few key individuals to plan & execute special events and services.
- In 2022 we continued to consolidate worship in church as a whole congregation, incorporating the best of Anglican & Methodist heritage whilst embracing new & appropriate forms of worship, some of which we developed during Covid. Each quarter, there is liaison with the Circuit to create a three-month plan which ensures a balanced Methodist and Anglican input with our speakers and communion services.
- Messy Church returned to its regular monthly Saturday afternoon slot. It remains a critical element in welcoming children and families to our church at a time convenient for them.
- A new informal monthly evening service, ‘Time to Breathe’ was launched, widening our range of worship beyond Sundays. Breathe offers a time of quiet reflection, music to sing along to or listen to alongside thoughtful readings and prayer.
- We continue to use live streaming technology to deliver church services to those unable to attend in person and this is an integral part of our pattern of worship delivery, reaching larger audiences than any form of purely “in church/person” services. Streaming has been especially helpful to members during Covid waves when attendance has fallen away due to illness and / or increased caution about mixing in crowded spaces.
- 5 House groups representing around 40% of church members, ran during 2022. Topics covered included the armour of God, prayer & Luke’s gospel.
- In November & the Christmas period we provided a variety of events. These included Remembrance, Carols by Candlelight, Messy Christingle, Photo Booth Nativity (see below), Midnight (Christmas Eve) Communion, and a Christmas Day service.
## **Growing the Church (younger)**
- The success of our community café has meant that people are being introduced to Church through the fellowship that they enjoy in Café. This has had the happy result of new faces attending Sunday worship, though few have (yet) committed to becoming members.
- At Christmas, we ran a successful Photo Booth Nativity which was well publicised around the local community. People were invited to come and pose in a staged stable scene, dressing up as Mary, Joseph, shepherds, kings, etc, They were given a postcard photo collage with a Christmas message from TEC to take away, with a digital copy emailed to their address. 96 people attended, with positive feedback about the novel experience.
- Despite our efforts, we have not yet been able to re-establish the links with Eldwick Primary School (EPS) which were present pre-Covid. In the medium term, we would like to create better links with EPS, Eldwick Juniors Football Club, and the Villages Pre-School. There have been a few ad-hoc initiatives to work with external groups (see below) but we are constrained in time and people resource to fully exploit these links as part of a long-term strategy.
## **Serving the Community**
- The Church premises are very well used during the week by a wide range of groups from the local community. As noted, we have not yet worked out in terms of strategy or resource how to make a bridge between specific hirers / groups and our mission of talking about Jesus and Church.
- The Link Café has returned to pre-Covid operation. A good number of community volunteers have joined the kitchen team and recently (January 23) there has been an upswing in footfall with a younger demographic. There is now a paid part-time Café lead to support the volunteer team.
- We participated in the Warm Spaces initiative offering an extended (early) morning Café. There was negligible uptake, possibly reflecting the fact that the Eldwick demographic is better off than the surrounding area, and /or that early morning was not an appealing time.
- We have started conversations with Eldwick Juniors Football Club about strengthening our relationship.
- • In early 2022, the Hospitality Pillar worked with the Villages Pre-School to organise a highly successful fundraiser for Ukraine.
Page | 3
_**Annual Report of the Trustees for the year ended 31[st] December 2022**_
## _**Trustees Report 2022 The Eldwick Church (TEC) Local Ecumenical Partnership (LEP)**_
## **Serving the Community (cont’d)**
- Church in the Garden was officially opened on Easter Sunday 2022 with a blessing and planting of trees. There has been a huge amount of additional work to develop and enhance the garden, carried out by a small team of volunteers, helpers from the community and some Pre-School parents. Work is ongoing with new signage and a new garden noticeboard which will help promote its use more widely.
- Charitable Giving – we donated over £14,000 to various causes – see Financial Report below
- Goldies, heavily restricted by Covid, was able to resume full operation from April 2022. It continues to be a very popular group welcoming 40-50 people each month. It is well resourced with volunteers and has recently been successful in obtaining a grant which will fund transport for another year.
- The church family is served by 20 pastoral visitors, who serve the church family diligently. With an ageing membership, this can be challenging. The visitors meet annually to discuss their role & resolve problems.
- The prayer tree is used more frequently than before, and by a wider range of people. Individual prayer requests are dealt with confidentially by a member of the Prayer Team.
## **Church Membership**
The membership roll has been maintained regularly throughout the period, and will be formally presented, and confirmed at the next ACM on 21[st] May 2023. The most recent version of the membership roll (as at 1[st] May 2023) and supplementary schedules show:
- _98 full adult members (May 2022 = 102) with 2 members passing away; 2 moving away and 2 others with whom we have lost contact during the period since the 2022 ACM. 2 new members have joined_
- _26 associate members (former/extended church family members who do not opt for full membership – May 2022 = 25)_
- _4 junior church members (May 2022 = 5). There has been one (1) leaver as a consequence of parents ceasing to be members_
All persons in each of the above categories are included on the pastoral care lists.
## **Church Attendance**
Sunday services in 2022 showed a slow but steady rise in numbers and have started to recover to prepandemic levels. However, this is not the case for families, children, and young people; a situation experienced in other churches and accelerated by Covid. This is being partly addressed through Messy Church and Time to Breathe. Both initiatives are generally attended by folk who do not come to church on a Sunday morning. For these people, Messy Church and Breathe are Church.
## **Financial Report**
Supporting the activities and achievements noted above, we continue to exercise strong controls and disciplines over our finances, both income and expenditure. This has resulted in a sound and stable financial position, as described in the following paragraphs. It has also enabled us to maintain the good state of the fabric of the building and to make further investments in technology to support and enhance our worship, charitable giving, communications and administration.
Total recurring income for the year on unrestricted funds was £95,408 (£93,510 in 2021). The total expenditure in the period was £94,881 (£87,949 in 2021). This would have generated an operating surplus on General (unrestricted) Fund of just £527. However, TEC benefited from a significant level of nonrecurring income in 2022 (mix of Covid loss grants and one-off donations/legacies). This amounted to £12,517, which resulted in an overall surplus of £13,043 (compared to a surplus of £5,562 in 2021). Page | 4 _**Annual Report of the Trustees for the year ended 31[st] December 2022**_
_**Trustees Report 2022 The Eldwick Church (TEC) Local Ecumenical Partnership (LEP)**_
## **General (Unrestricted) Fund**
After charging an unrealised loss of £3,299 on the value of investments (in 2021 there was an increase of £3,424) and any transfers between reserves, the net surplus generated in the year on the Unrestricted Fund was £9,744 (2021 = surplus of £8,786).
Charitable donations amounted to £4,900 (2021 = £4,018).
## **Other (Restricted) Funds**
During 2022, these comprised:
- A Building fund, for expenditure incurred on the development of the church site and buildings, representing the balance sheet valuation of the assets, after depreciation;
- A Mission Grant fund, which distributes monies from collections taken for specific, designated charities and purposes;
- An account ("Eldwick Goldies"), supporting the work done by the Goldies volunteers with people with dementia and/or who are socially excluded or deprived (mainly elderly people). This is partly funded by grants and partly by personal donations and other fund-raising activities;
- A “Garden Project” fund, for expenditure incurred on the development of the Winston Grange manse/vicarage garden.
Restricted fund monies and balances may only be applied to the specific purposes for which the monies were given.
## **Movements & Balances on Restricted Funds**
The movements during the year on all of these restricted funds are set out in note 10 (page 8) of the statutory accounts. As at 31[st] December 2022 the balances on restricted funds were as follows:
|•
Building Development
•
Eldwick Golden Oldies
•
Garden Project
**Total**|£816,153
£2,081
£2,900
**£821,134**|
|---|---|
A total of £9,669 (2021 = £7,786) was donated for specific Mission Giving purposes, all of which was distributed in the year to the designated charities. Combined with the donations from the Unrestricted Fund, this resulted in total charitable giving of £14,569 in the year (in 2021 = £11,804). This represented some 12.2% of total income (in 2021 = 10.2%).
## **Capital Commitments**
There were no outstanding capital commitments at 31[st] December 2022 (2021 = £nil).
## **Reserves Policy**
It is the policy of the LEP (as/when possible), to maintain a balance on unrestricted funds (i.e. General Fund), which equates to a minimum of three (3) months and up to six (6) months of general, recurring expenditure. The balance of £50,600 (2021 = £40,856) on the General (Unrestricted) Fund at the year-end equates to 6.4 months of such expenditure (in 2021 = 5.2 months). This is held to cover any future deficits on annual income and expenditure accounts, or emergency situations which may arise. The draft budget for 2023, as approved by the trustees, shows a year end result of cover of 5.8 months. The latest forecast predicts that it will be less than (at circa 5.3 months).
Page | 5
_**Annual Report of the Trustees for the year ended 31[st] December 2022**_
## _**Trustees Report 2022 The Eldwick Church (TEC) Local Ecumenical Partnership (LEP)**_
The balance sheet at 31[st] December 2022 showed adequate cash balances to meet current and projected liabilities (both revenue and capital), and reserves on Unrestricted Funds were within the parameters of the reserves policy.
## **Investments**
It is our policy to invest the available balances of our funds with the Church Commissioners and Local Authority fund (CCLA Investment Management Ltd.) and to hold deposits with various financial institutions, selected to provide a reasonable level of return, balanced with flexible and timely access to funds.
## **Statement of trustees' responsibilities for the financial statements**
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable laws and United Kingdom Generally Accepted Accounting Practice.
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles of the Charity SORP;
- Make accounting judgements and estimates that are reasonable and prudent;
- Prepare the financial statements on a going concern basis, unless it is inappropriate to assume that the charity will continue in business.
Approved by The Eldwick Church Trustees' Council on **28[th] March 2023** , and signed on its behalf by:
## **Susan Huntington** (Chair)
**Alan Brown** (Secretary to the Trustees) --------------------------------------------------------------------
Page | 6
_**Annual Report of the Trustees for the year ended 31[st] December 2022**_
## **THE ELDWICK CHURCH**
## **ACCOUNTS**
## **FOR THE YEAR ENDED**
**31 December 2022**
**Charity Number: 1139493**
## **THE ELDWICK CHURCH LEP**
## **INDEPENDENT EXAMINER'S REPORT - 2022**
## **Independent Examiner's report to the Trustees Council of The Eldwick Church**
I report on the accounts of the Trust for the year ended 31 December 2022 which are set out on pages
3 and 4 together with the accounting policies and notes on pages 5 to 8.
## **Respective responsibilities of the Trustees and the Independent Examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees
consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to **:**
- (i) examine the accounts under section 145 of the 2011 Act;
- (ii) follow the procedures laid down in the general Directions given by the Chairty Commission under section 145(5)(b) of the 2011 Act; and
- (iii) state whether particular matters have come to my attention.
## **Basis of Independent Examiner's Statement**
My examination was carried out in accordance with the General Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those 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 a full 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:
**1.** which gives me reasonable cause to believe that, in any material respect, the requirements to keep accounting records in accordance with Section 130 of the 2011 Act; or to prepare accounts which accord with the accounting records have not been met; **or**
**2.** to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Emma Wilson FCA**
The Old Malthouse Ryecroft Bingley BD16 1DH
## **28 March 2023**
Page 2
## **THE ELDWICK CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE PERIOD ENDED 31 DECEMBER 2022**
|**Note**
**INCOMING RESOURCES**
Incoming resources from donors
**2a**
Other voluntary income
**2b**
Charitable & ancillary trading
**2c**
Other incoming resources (investments, etc.)
**2d**
**TOTAL INCOMING RESOURCES**
**RESOURCES USED**
Missionary & charitable donations
**3a**
Activities directly related to Church work
**3b**
Fund Raising & Publicity
**3c**
Church management & administration
**3d**
**TOTAL RESOURCES USED**
**SURPLUS/ (DEFICIT) FOR THE YEAR**
**TRANSFER BETWEEN FUNDS**
**OTHER RECOGNISED GAINS**
Unrealised gains/ (losses) on investments
**NON-RECURRING INCOME**
**4**
**FUND BALANCES B/F AT 1 JANUARY**
**BALANCES C/F AT 31 DECEMBER**|**Unrestricted**
**Restricted**
**Building**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
71,292
11,478
0
19,095
0
0
16,685
0
0
852
0
0
**107,923**
**11,478**
**0**
5,671
12,986
0
85,766
0
17,759
2,827
0
0
617
0
0
**94,881**
**12,986**
**17,759**
**13,042**
**(1,508)**
**(17,759)**
(3,300)
1,250
**9,743**
**(1,508)**
**(16,509)**
**40,856**
**6,489**
**832,662**
**50,599**
**4,981**
**816,153**|**2022**
**Total**
**£**
**82,770**
**19,095**
**16,685**
**852**
**119,401**
**18,657**
**103,525**
**2,827**
**617**
**125,626**
**(6,224)**
-
(3,300)
**1,250**
**(8,274)**
**880,007**
**871,733**|2021
Total
£
82,219
13,739
19,094
692|
|---|---|---|---|
||||115,744|
||||30,656
97,621
915
2,169|
||||131,361|
||||(15,617)
-
3,424
1,250|
||||**(10,943)**
890,950|
||||880,007|
The accounting policies and notes on pages **5 to 8** form an integral part of these financial statements.
Page 3
## **THE ELDWICK CHURCH**
## **BALANCE SHEET AS AT 31 DECEMBER 2022**
|**Note**
**FIXED ASSETS**
Tangible Fixed Assets
**6**
Investments
**7**
**Total Fixed Assets**
**CURRENT ASSETS**
Debtors & prepayments
**8**
Cash at bank and in hand
**Current Assets**
Sundry creditors & accruals
**9**
Loans from congregation
**9**
**NET CURRENT ASSETS / (LIABILITIES)**
**NET ASSETS / (LIABILITIES**
**REPRESENTED BY:**
Unrestricted Funds
**11**
Building Fund
**10 & 11**
Other Restricted Funds
**10 & 11**
**TOTAL RESERVES**
**CURRENT LIABILITIES**
(amounts falling due within 1 year)|**2022**
**£**
**816,915**
**25,169**
**842,084**
**4,467**
**34,196**
**38,663**
**9,014**
**0**
**29,649**
**871,733**
**50,599**
**816,153**
**4,981**
**871,733**|2021
£
834,674
27,727|
|---|---|---|
|||**862,401**|
|||5,063
19,567|
|||24,630
6,024
1,000|
|||17,606|
|||880,007|
|||40,856
832,662
6,489|
|||880,007|
**Signed: Revd. Brian Greenfield** _Minister_
**James Huntington** _Treasurer_
## **Date: 28 March 2023**
The accounting policies and notes on pages **5 to 8** form an integral part of these financial statements.
Page 4
## **THE ELDWICK CHURCH LEP**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **1. ACCOUNTING POLICIES**
The Accounts (financial statements) have been prepared in accordance with the Church Accounting Regulations 2006, and in accordance with Accounting and Reporting by Charitie: Statement of Recommended Practice applicable to charities preparing their accounts in accorance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Charities Act 2011 and applicable regulations. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value.
The financial statements include all transactions, assets and liabilities for which the Trustees' Council is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of church members.
## **Funds**
- General Funds are not subject to any restrictions regarding their use and are available for application to the general purposes
- Designated Funds are those monies which the Trustees have decided to allocate for particular purposes. They are also unrestricted in that the Trustees are free to re-designate them. - Restricted Funds are only available to be applied for the purposes for which they were given.
## **Incoming Resources**
- Collections are recognised when received by or on behalf of the Trustees' Council.
- Planned giving is recognised when received. - Income tax recoverable on donations eligible for Gift Aid & GASD is recognised when the donation has been received. - Grants and legacies are accounted for as soon as the Trustees are notified of legal entitlement. - Funds raised at social events are accounted for gross. - Income from cafe sales or from hire of accommodation are accounted for gross.
- Hire income from the letting of church premises is recognised when the income is due. - Dividends and interest are accounted for when receivable and are received gross of tax.
- **Resources Used** - Grants and donations are accounted for when paid over, or when committed by the Trustees' Council. - The Diocesan & Circuit Share is accounted for when payable.
- **Gains and Losses on Investments** - Realised gains or losses are recognised when investments are sold. - Unrealised gains or losses are accounted for on revaluation of investments at 31 December.
- **Fixed Assets** - Consecrated & beneficed property is excluded from the accounts in accordance with s.10(2)(a) & (c) of the Charities Act 2011.
- No value is placed on movable church furnishings as the Trustees consider these to be inalienable property. - Expenditure incurred on repair and maintenance of the above assets is written off when incurred. Other items of equipment are capitalised, if over £2,500 individually, and are then depreciated over four years, in equal annual instalments.
- Tangible Fixed Assets are the capitalised costs of the building project; being the new church hall (phase 1), the construction of the link and simultaneous refurbishment of the church (phase 2). This work was completed in May 2019. The new facilities were brought into full use in June 2019 and are now being depreciated on the straight line basis over 50 years (in equal annual instalments).
- **Investments** Investments are valued at the market values at 31 December.
- **Current Assets**
- Amounts owing to the Trustees' Council at 31 December in respect of fees, rents or other income are shown as debtors, less provision for amounts that may prove uncollectable. - Short-term deposits comprise accounts held with CAF Bank .
Page 5
## **THE ELDWICK CHURCH LEP**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
|**2 **|**INCOMING RESOURCES**|**Unrestricted**|**Restricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|---|
|||**General**|**Other**|**Building**|**2022**|2021|
|||**Funds**|**Funds**|**Funds**|**£**|£|
|2(a)|**Incoming resources from donors**||||||
||Planned giving:|49,496|||**49,496**|48,402|
||Collections at all services|1,112|||**1,112**|657|
||Sundry donations|7,218|9,539||**16,756**|17,875|
||Tax reclaim|13,466|1,939||**15,405**|15,285|
|||71,292|11,478|-|**82,770**|82,219|
|2(b)|**Income from charitable and ancillary trading**||||||
||Fees (weddings & funerals)|1,402|||**1,402**|1,923|
||Letting of Church premises|17,693|||**17,693**|11,816|
|||19,095|-|-|**19,095**|13,739|
|2(c)|**Other ordinary incoming resources**||||||
||Sundry income from social &|10,618|||**10,618**|5,926|
||fund-raising activities||||||
||Grants received|6,067|-||**6,067**|13,168|
|||16,685|-|-|**16,685**|19,094|
|2(d)|**Income from investments**||||||
||Dividends and interest received|852|||**852**|692|
|||852|-|-|**852**|692|
||**TOTAL INCOMING RESOURCES**|**107,923**|**11,478**|**-**|**119,401**|115,744|
||**(recurring)**||||||
|**3 **|**RESOURCES USED**|**Unrestricted**|**Restricted**|**Restricted**|**Total**|**Total**|
|||**General**|**Other**|**Building**|**2022**|2021|
|||**Funds**|**Funds**|**Funds**|**£**|£|
|3(a)|**Mission & Outreach - Donations & Costs**||||||
||Donations to UK causes|2,973|7,313||**10,286**|6,953|
||Donations to overseas causes|1,432|2,356||**3,788**|4119|
||Emergency & one-off appeals|494|-||**494**|732|
||Other donations & expenses||3,317||**3,317**|16,853|
||Mission & outreach costs|772|||772|1,999|
|||**5,671**|**12,986**|**-**|**18,657**|30,656|
|3(b)|**Activities directly relating to the church**||||||
||Share to the Diocese & Circuit|50,155|||**50,155**|51,272|
||Office & clergy expenses|1,451|||**1,451**|1,162|
||Church service upkeep|2,348|||**2,348**|1,695|
||Employment costs|12,536|||**12,536**|10,343|
||Property running & project costscosts|10,605|||**10,605**|10,004|
||Property maintenance costs|8,671|||**8,671**|5,386|
||Depreciation|||17,759|**17,759**|17,759|
|||**85,766**|-|**17,759**|**103,525**|97,621|
Page 6
## **THE ELDWICK CHURCH LEP**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
|**Unrestricted**
**Restricted**
**Restricted**
**General**
**Other**
**Building**
**2022**
**Funds**
**Funds**
**Funds**
**£**
3(c) **Fund-raising and publicity**
Costs of social events
2,827
-
**2,827**
**2,827**
**-**
**-**
**2,827**
3(d) **Church management and administration**
Office expenses
335
**335**
Professional fees
282
**282**
**617**
**-**
**-**
**617**
**TOTAL RESOURCES USED**
**94,881**
**12,986**
**17,759**
**125,626**
**(recurring items)**
**4 NON-RECURRING & PRIOR YEAR INCOME**
Sale of assets
**-**
Legacies & non recurring income
1250
**1,250**
**-**
**-**
**1,250**
**1,250**
**5 NON-RECURRING EXPENDITURE**
Capital expenditure
-
**-**
**-**
**-**
**-**
**-**
**6 TANGIBLE FIXED ASSETS**
**_Cost:_**
**Building**
**Fixtures &**
**Fittings**
At 1 January 2022
887,929
-
Additions
Disposals
At 31 December 2022
887,929
-
**_Accumulated depreciation:_**
At 1 January 2022
53,255
-
Charge for year
17,759
-
On disposals
-
At 31 December 2022
71,014
-
**Net book amount at 31 December 2022**
**816,915**
**-**
Net book amount at 31 December 2021
**7 INVESTMENTS**
**2022**
**£**
**25,169**
**25,169**
Investments represent shares in the Central Board of Finance (CBF) of the
Church of England Investment Fund.
At 31 December 2022, 1,218.15 shares were held in the CBF fund
(2021: 1,184.01 shares). The values of these, based on share prices at 31
December were:|**Unrestricted**
**Restricted**
**Restricted**
**General**
**Other**
**Building**
**2022**
**Funds**
**Funds**
**Funds**
**£**
2,827
-
**2,827**|**Unrestricted**
**Restricted**
**Restricted**
**General**
**Other**
**Building**
**2022**
**Funds**
**Funds**
**Funds**
**£**
2,827
-
**2,827**|**Unrestricted**
**Restricted**
**Restricted**
**General**
**Other**
**Building**
**2022**
**Funds**
**Funds**
**Funds**
**£**
2,827
-
**2,827**|2021
£
915|
|---|---|---|---|---|
||**2,827**|**-**
**-**
**2,827**||915|
|||**335**
**282**||633
1,536|
||**617**|**-**
**-**
**617**||2,169|
||**94,881**|**12,986**
**17,759**
**125,626**||131,361|
|||**-**
1250
**1,250**||-
1,250|
||**-**|**-**
**1,250**
**1,250**||1,250|
||-|**-**||-|
||**-**|**-**
**-**
**-**||-|
|||||887,929
-
-|
|||||887,929|
|||||53,255
17,759
-|
|||||71,014|
|||||**816,915**|
|||||834,674|
|||||2021
£
27,727|
||||**25,169**|27,727|
Page 7
## **THE ELDWICK CHURCH LEP**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
|**8 DEBTORS**
Income tax recoverable
Other debtors & pre-payments
**9 LIABILITIES : AMOUNTS DUE WITHIN ONE YEAR**
Other creditors
Accruals
Loans from congregation|**2022**
2021
**£**
£
**4,093**
4,589
**374**
474|
|---|---|
||**4,467**
5,063|
||1,750
-
7,264
6,024
0
1,000|
||**9,014**
7,024|
## **10 RESTRICTED FUNDS**
|Building Fund
Mission Giving
Golden Oldies
Garden Project
**11 NET ASSETS BY FUND**
Tangible Assets
Investments
Current Assets
Creditors: Amounts falling due
within one year|Balance at 01
January 2022
Income &
donations &
transfers
Expenditure
**Balance at 31**
**December**
**2022**
Balance at 31
December
2021
832,662
1,250
(17,759)
**816,153**
832,662
-
9,631
(9,631)
**0**
**-**
**-**
2,295
1,116
(1,330)
**2,081**
2,295
4,194
693
(1,987)
**2,900**
4,194|
|---|---|
||839,151
12,690
(30,707)
**821,134**
839,151|
||**Unrestricted**
**Funds**
**Restricted**
**Building**
**Fund**
**Restricted**
**Goldies and**
**Other Funds**
**Total**
**Funds**
**2022**
**Total**
**Funds**
**2021**
816,915
**816,915**
852,433
25,169
**25,169**
23,612
34,444
(762)
4,981
**38,663**
19,603
(9,014)
**(9,014)**
(4,698)|
||**50,599**
**816,153**
**4,981**
**871,733**
890,950|
Page 8
THE ELDWICK CHURCH LEP
INDEPENDENT LYAMINERS REPORT. 2022
Independent Examiner's report to the Trustees Council olThe Eldwick Church
I report on the accounts of the Trust for the year ended 31 December 2022 which are set out on pages
3 anfl 4 tO8ether wilh the accounting pdicies and notes on pages 5 to 8.
Respectlve responJlWlltles ol the Tntstees and th• Ind•pethleht Examinèr
The tharity's trustees are responsible lor the Preparation of the accounts. The charity's trustees
tonsider that an audit is noi requsred for this year under section 144121 of the Chartties Act 2011 Ithe
2011 Act) and that an independent examinats.on is needed.
It Is my responsi"lity to:
lil examine the accounts nder sertion 145 of the 2011 Act.
li51 follow the Predre$ laid down in the general Directions givefi by the Chairty Commi551on
under sectlon 14515llbl of the 2011 Aci,. and
liiil state whether particular matters have come to my attention.
Basis of Independent EMInEr'S $ement
My examination was carried out In accordance wlth the Gerheral Difertions w'ven by the Charity
Commission.
An examination indudes a review of thè a¢countln8 records kepi by the ¢harity and a comparlson of
the accounts presented with those records. It •150 IludeS consideratn of any unusual items or
disc105ures in the accounts and 5eekinB explanations from the Trustees conceinin8 any such Matters.
The procedures undertaken do not provide all the evthnce thoi would be required in a full audit, and
consequentty I do not expre$5 an audtt opinion on the ac¢ounis.
Independent Examlnerfs SLthmenl
In connection with my examination, no matter has come to my attention..
which gives me reasonable cause to believe that. in any material respert, the requirements to keep
accounting records in accordance wth Section 130 of the 2011 Act; or to prepare accounts which
accord with the accounting record5 have not been met- or
to which, in my opinion. altentlon should be drawn In order to enable a proper understandin8 of the
accounts to be reached.
Emma Wllson FCA
The Old Malthouse
Ryecroft
Bin8ley BD16 IDH
28 March 2023
PaKe I