## **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 Sin￿r 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&tr￿n¢ 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 $45,463 1101.283 21 March 2023 Page 1 Ha8bury Communlty Church - 1140446 Balance Sho8t dotalled A•at 3111212022 Afjat 3111212021 Flx•d 48¥et• 1301." lAinIb￿ FO￿ 2LMM 1303.. 8uihY 445.33B.Tr) 44S.238.00 13ts1.. Cont•nls .995.C#) 28.995.00 1305.. M￿lbU$ 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.. CA*h 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 U*bllStl•• e15.QO Totsl ￿1￿1￿1•* 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.. GaIn￿1¢MI•S) on in¥g•trtxnt •sMIs {5,810.531 551.263.87 13,140.411 $54,404.28 Total R•••r4•1 s46.4￿54 U1,263.87 R•pr•••nt4d by Fund• Unrv8trithJ 79.779.e6 467.C*6.30 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