Hasbury Community Church Annual Report
Year ending 2022
• Introduction
-
During 2022, the church’s activities had still not fully recovered from the impact of Covid restrictions.
-
Income is down by only £83 over the previous year. Expenditure increased by £2586 over the previous year. This was due to general increases in costs, including fuel.
-
No depreciation has been applied to the minibus this year due to the increased value of used vehicles as a result of high demand and limitations in the supply of new vehicles.
-
We have continued to maintain our regular financial support for
-
Joy Howell and her work in Hasbury and Halesowen
-
Paul Willmott and his work in local schools;
-
Paul Chandren and his work in Karola, South India;
-
Richard Chalklen and his work in South Africa;
-
Rachel Newby and her work in the Democratic Republic of Congo;
-
o Hand At Work and their work in Africa.
-
Mission Aviation Fellowship.
-
Room hire- Income generated totaled £3595. This is down on the historical typical annual income of around £6000.
-
Overall, the year has seen a deficit of £5,810
• Conclusion
Overall, income is lagging behind spending and capital reserves are being depleted.
Current cash reserves are 160% of annual income which is adequate for safe operation, but we are mindful of the continuing trend of falling income over the recent years and potential impact of this on reserves. There is likely to be significant capital spending on repairing the roof and improving insulation to the rear building which will weaken our financial security. We continue to explore options to avoid the possibility of future deficits.
This report dated: May 2023
Page 1
Hasbury Community Church
Accounts
Year ending 2022
Statement of Financial Activities
| Unrestricted RestrictedEndowment Total Prior year funds funds funds fundstotal funds |
Unrestricted RestrictedEndowment Total Prior year funds funds funds fundstotal funds |
|---|---|
| Income and endowments from: | |
| Donations, Legacies and similar incoming resources |
24,107 910 — 25,017 28,018 |
| Investments | 53 — — 53 62 |
| Other income | 5,380 — — 5,380 2,454 |
| Total income | 29,541 910 — 30,451 30,534 |
| Expenditure on: | |
| Activities in furtherance of the charity's objects | 32,661 3,600 — 36,261 33,675 |
| Total expenditure | 32,661 3,600 — 36,261 33,675 |
| Net income / (expenditure) resources before transfer |
(3,120) (2,690) — (5,810) (3,140) |
| Transfers | |
| Gross transfers between funds - in | 400 — — 400 100 |
| Gross transfers between funds - out | (400) — — (400) (100) |
| Other recognised gains / losses | |
| Net movement in funds | (3,120) (2,690) — (5,810) (3,140) |
| Total funds brought forward | 549,966 1,297 — 551,263 554,404 |
| Total funds carried forward | 546,845 (1,392) — 545,453 551,263 |
| Represented by | |
| Unrestricted | |
| General fund | 79,779 — — 79,779 82,589 |
| Designated | |
| Lunch Club | 167 — — 167 478 |
| Fixed Assests | 466,643 — — 466,643 466,643 |
| Thursday at 2 | 255 — — 255 255 |
| Restricted | |
| Fixed Assests | — (227) — (227) (227) |
| Hands At Work | — (1,165) — (1,165) 1,525 |
Page 1
Balance sheet
| Class and code Description |
This year Last year |
|---|---|
| Fixed assets | |
| 1301 Minibus Ford 2004 |
— — |
| 1303 Buildings |
445,338 445,338 |
| 1304 Contents |
26,995 26,995 |
| 1305 Minibus Peugeot 2019 |
24,227 24,227 |
| 1306 Minibus Peugeot 2016 |
— — |
| Total Fixed assets | 496,560 496,560 |
| Current assets | |
| 1401 HSBC Acc 20388106 |
12,872 13,576 |
| 1403 Cash in hand |
219 76 |
| 1406 HSBC Business deposit acc |
35,840 10,802 |
| 1407 Stewardship Deposit |
— 30,863 |
| Total Current assets | 48,932 55,318 |
| Liabilities | |
| 6699 Agency collections |
40 615 |
| Total Liabilities | 40 615 |
| Net Asset surplus(defcit) | 545,453 551,263 |
| Reserves | |
| Excess / (defcit) to date | (5,810) (3,140) |
| Z01 Starting balances |
551,263 554,404 |
| Z02 Gains/(losses) on investment assets |
— — |
| Total Reserves | 545,453 551,263 |
| Represented by funds | |
| Unrestricted | 79,779 82,589 |
| Designated | 467,066 467,376 |
| Restricted | (1,392) 1,297 |
| Endowment | — — |
| Total | 545,453 551,263 |
Statement of assets and liabilities
| Thisyear Lastyear |
|
|---|---|
| Tangible assets | |
| Minibus Ford 2004 | |
| General fund (Unrestricted) - | (3,504) (3,504) |
| Fixed Assests (Designated) - | 3,732 3,732 |
| Fixed Assests (Restricted) - | (227) (227) |
| — — |
|
| Buildings | |
| Fixed Assests (Designated) - | 445,338 445,338 |
| 445,338 445,338 |
|
| Contents | |
| Fixed Assests (Designated) - | 26,995 26,995 |
| 26,995 26,995 |
|
| Minibus Peugeot 2019 | |
| Fixed Assests (Designated) - | 24,227 24,227 |
| 24,227 24,227 |
|
| Minibus Peugeot 2016 | |
| General fund (Unrestricted) - | 10,000 10,000 |
| Fixed Assests (Designated) - | (10,000) (10,000) |
Page 2
| — — |
|
|---|---|
| Total for Tangible assets | 496,560 496,560 |
| Cash at bank and in hand | |
| HSBC Acc 20388106 | |
| Hands At Work (Restricted) - | (1,165) 1,525 |
| Thursday at 2 (Designated) - | 255 255 |
| General fund (Unrestricted) - | 37,292 34,331 |
| Agency collection (Restricted) - | 40 615 |
| Fixed Assests (Designated) - | (23,649) (23,649) |
| Lunch Club (Designated) - | 99 499 |
| 12,872 13,576 |
|
| Cash in hand | |
| General fund (Unrestricted) - | 151 97 |
| Lunch Club (Designated) - | 68 (20) |
| 219 76 |
|
| HSBC Business deposit acc | |
| General fund (Unrestricted) - | 35,840 10,802 |
| 35,840 10,802 |
|
| Stewardship Deposit | |
| General fund (Unrestricted) - | — 30,863 |
| — 30,863 |
|
| Total for Cash at bank and in hand | 48,932 55,318 |
| Agency accounts | |
| Agency collections | |
| Agency collection (Restricted) - | (40) (615) |
| Total for Agency accounts | (40) (615) |
| Grand total | 545,453 551,263 |
Fund movement by type
| Opening Incoming Outgoing TransfersGains/losses Closing | |
|---|---|
| HAW - Hands At Work | |
| Restricted | 1,525 910 3,600 — — (1,165) |
| Sub-total for HAW | 1,525 910 3,600 — — (1,165) |
| Thurs-at-2 - Thursday at 2 | |
| Designated | 255 — — — — 255 |
| Sub-total for Thurs-at-2 | 255 — — — — 255 |
| General - General fund | |
| Unrestricted | 82,589 28,703 31,913 400 — 79,779 |
| Sub-total for General | 82,589 28,703 31,913 400 — 79,779 |
| Property - Fixed Assests | |
| Designated | 466,643 — — — — 466,643 |
| Restricted | (227) — — — — (227) |
| Sub-total for Property | 466,415 — — — — 466,415 |
| Lunchclub - Lunch Club | |
| Designated | 478 837 748 (400) — 167 |
| Sub-total for Lunchclub | 478 837 748 (400) — 167 |
| Grand total | 551,263 30,451 36,261 — — 545,453 |
Analysis of income and expenditure
Page 3
Total Unrestricted Designated Restricted Endowment This year Last year
INCOME AND ENDOWMENTS
Donations, Legacies and similar incoming resources
| Cash gifts Gift Aid Cash Gift Aid SO Misc gifts Tax Refund Lunch Club Gifts Little Fishes Gifts Gifts for Hands at Work Total Investments Interest Total Other income Room hire Solar Feed in tarif Other incme |
1,501 — — — 1,501 2,737 — — — — — 50 8,884 — — — 8,884 9,214 8,830 — — — 8,830 11,165 2,962 — — — 2,962 3,504 — 837 — — 837 271 1,090 — — — 1,090 120 |
|---|---|
| — — 910 — 910 955 |
|
| 23,269 837 910 — 25,017 28,018 |
|
| 53 — — — 53 62 |
|
| 53 — — — 53 62 3,595 — — — 3,595 2,454 1,540 — — — 1,540 — |
|
| 245 — — — 245 — |
|
| Total | 5,380 — — — 5,380 2,454 |
| INCOME TOTAL | 28,703 837 910 — 30,451 30,534 |
EXPENDITURE
Activities in furtherance of the charity's objects
| Catering | 750 | — | — | — | 750 | 187 |
|---|---|---|---|---|---|---|
| Cleaning | 190 | — | — | — | 190 | 137 |
| Electricity | 1,684 | — | — | — | 1,684 | 732 |
| Gas | 1,216 | — | — | — | 1,216 | 1,524 |
| Insurance - church | 1,833 | — | — | — | 1,833 | 1,730 |
| Phone,Post,Stationer | 479 | — | — | — | 479 | 441 |
| Water | 127 | — | — | — | 127 | 121 |
| Mini bus fuel | 60 | — | — | — | 60 | 55 |
| Minibus general | 1,352 | — | — | — | 1,352 | 1,267 |
| Building maint & rep | 3,011 | — | — | — | 3,011 | 1,027 |
| Support R. Chalklem | 1,160 | — | — | — | 1,160 | 960 |
| Support Rachel Newby | 720 | — | — | — | 720 | 720 |
| Other Speakers | 75 | — | — | — | 75 | — |
| Equipment | 522 | — | — | — | 522 | 53 |
| Other Gifts | 1,247 | — | — | — | 1,247 | 2,167 |
| Sundry Expenses | 703 | — | — | — | 703 | 1,184 |
| Admin and Management | 715 | — | — | — | 715 | 612 |
| bank charges | 110 | — | — | — | 110 | 10 |
| Christian Child Protect Agency | 276 | — | — | — | 276 | 129 |
| Support Paul Chandran | 960 | — | — | — | 960 | 2,765 |
| Support Paul Willmot | 780 | — | — | — | 780 | 780 |
| Lunch Club Expenditure | — | 748 | — | — | 748 | 230 |
| Hands At Work | — | — | 3,600 | — | 3,600 | 3,750 |
| Support Mission Aviation | 960 | — | — | — | 960 | 960 |
| Fellowship | ||||||
| Youth, Children's & Outreach | — | — | — | — | — | 74 |
| Net Salaries | 9,915 | — | — | — | 9,915 | 9,215 |
| NI - Employee | 197 | — | — | — | 197 | 279 |
| Income Tax | 2,172 | — | — | — | 2,172 | 2,188 |
Page 4
| Pension Payments - Employee Pension Payments - Church |
307 — — — 307 163 |
|---|---|
| 384 — — — 384 204 |
|
| Total | 31,913 748 3,600 — 36,261 33,675 |
| EXPENDITURE TOTAL | 31,913 748 3,600 — 36,261 33,675 |
| GRAND TOTAL | (3,209) 89 (2,690) — (5,810) (3,140) |
Page 5
HASBURY CHRISTIAN FELLOWSHIP
26 ALBERT ROAD
HALESOWEN
WEST MIDLANDS
B63 4SW
Registered Charity No 1140466
STATEMENT OF ACCOUNT
AND
INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31 DECEMBER 2022
Luke Silver Accountancy & Taxation Services 25 Ellicombe Close Minehead Somerset TA24 6DQ
Mobile: 07710 456376
E-mail: luke-silver@puresilver.org.uk
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
Receipts and Payments Accounts
Report to the trustees/members of Hasbury Christian Fellowship
Registered Charity number 1140466
On the accounts for the year ended 31 December 2022
Set out on the following pages
Respective responsibilities of trustees and 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:
-
Examine the accounts (under section 145 of the 2011 Act;
-
To follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act; and
-
State whether particular matters have come to my attention.
Basis of independent examiner’s report
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 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
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 section130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
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.
Signed L A Silver
Date: 19 April 2023
Luke Silver HNC Business & Finance / Accountancy Practitioner
25 Ellicombe Close, Minehead, Somerset. TA24 6DQ
HASBURY CHRISTIAN FELLOWSHIP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
ACTIVITIES REVIEW
The financial results are set out in the enclosed accounts.
The principal activity throughout the year under review was that of the advancement of the Christian faith and the extension of the Kingdom of God
TRUSTEES
Kevin Hartle , (Chairman) 16 St Kenelms Avenue, Halesowen, West Midlands. B63 1DW Tel:0121 550 5714
David Morris, 38 St Margarets Avenue, Halesowen, West Midlands, B63 4BX Tel: 0121 503 0464
Leslie Morris, 10 Longmore Road, Halesowen, West Midlands. B63 1AW Tel: 0121 550 4698
Jeremy Howell, 2c Bournes Hill, Halewowen, West Midlands. B63 4DZ Tel: 0121 501 2851
STATEMENT
We certify that the books, vouchers and information produced to enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief.
SIGNED ON BEHALF OF THE TRUSTEES
Please print name _____ Date ____
INDEPENDENT EXAMINER’S REPORT TO TRUSTEES
INTRODUCTION
Thank you for submitting the accounts for independent examination.
CHARITY LAW AND FINANCIAL REGULATIONS
The independent examination has been carried out in accordance with The Charities (Accounts and Reports) Regulations 1995 (Statutory Instruments No 2724) and the Accounting by Charities Statement of Recommended Practice (SORP)
SIGNING OF ACCOUNTS
I shall be obliged if you will please forward a copy of the signature page for my records after the accounts have been signed by a representative appointed by the Trustees and Church Council. A spare copy is enclosed.
CONCLUSION
There are no other matters I feel need to be brought to your attention.
Please do not hesitate to contact me for clarification of for further assistance.
Luke A Silver
19 April 2023
Hasbury Community Church - 1140446 Statement of Flnancial Acllvltle8 For tho p•riod from 01 January 2022 to 31 Decembor 2022 Totsl lund• Prlor year totsl fvnd• nd• Donations, L¢go¢7¢i •nd Sinr i[•M¥j r8SW In¥•strn8nts othor Incom• 24.107 910 2S.017 53 5.380 28.018 62 2.454 Tol•l Incom• 29,841 910 30,481 30.534 p•ndllurn on.. Aetfvftl•8 In bJrthoranc4 ol ch•rWs cty'e¢ts 32.e61 36,261 33.e75 Total •xp•ndSturn 32,081 38.281 33.675 N•t In¢om• I1oxp•ndltur•l reAour¢M b•tor• tr4Mf•r 13.1201 Il6901 16,8101 13,1401 Gros$ tr4n8fvrn b•M•n fund•- Grc4¥ tran8f8r8 funds- out 400 14001 100 11OJI 14COI Oth•rrecognls•dg•ln•/loM•s G•in8 1 lo*s•s on Inw&trn¢ awts G•lns on r•valu8lion, 4s••t$, chaiW• (Bwft u N•t mo¥•rnont In fvnd• 13,1201 12.th)1 10,8101 13,1401 RKon¢lK•iI olfund• ToLql fvnd• brought for•MYd 1.207 661,283 Tol¥l fvndl ¢•th•d fokw•rd 11,3921 $45,463 1101.283 21 March 2023 Page 1
Ha8bury Communlty Church - 1140446 Balance Sho8t dotalled A•at 3111212022 Afjat 3111212021 Flx•d 48¥et• 1301." lAinIb FO 2LMM 1303.. 8uihY 445.33B.Tr) 44S.238.00 13ts1.. Cont•nls .995.C#) 28.995.00 1305.. MlbU$ 2019 24.227.71 24.227.71 13C6.. MinibLM P¢uyrt2018 408.580.71 498.660.71 Curr•nt M••ts 1401.. HSBC Acc203881 12.872.29 13.576.40 1403.. CAh 219.76 76.17 1406 HSBC Business depL K¢ 1407.. StMrd•b¥J 35,840.68 10.802.65 30.863.04 Tol•l Cunnt ••••ts 48.•J2.e3 U,318.10 UbllStl•• e15.QO Totsl 111• 40.00 116.00 Net A•rt •urplu• Id•lk 146.453.34 881,263.87 Exc#•l l¢J•fi¢tt) to d•t• Z01.. StArtirvJ bol•nc•• Ztr2.. GaIn1¢MI•S) on in¥g•trtxnt •sMIs {5,810.531 551.263.87 13,140.411 $54,404.28 Total R•••r4•1 s46.454 U1,263.87 R•pr•••nt4d by Fund• Unrv8trithJ 79.779.e6 467.C6.30 11,392.621 82.589 55 Des9nate•a 4e7,376.94 1,297.38 Total 545.453.34 051,283.87 21 Mafth 2023 Pago 1