Charity regi5tratioD llumb￿.. 1141130 Burslem Methodist Mission (Swan Bank) Annual Report and Financial Statements for the Year Ended 31 Aw 2022 Burslem Methodist Mission (Swan Bank) Contents (continued) Reference and Adroinistrative Details TJvste¢8' R¢port 2to6 tndependent Examiner's Report Statement of Financ￿1 A¢tivits¢s Sheet Notes to the FinAticial Statements IOto21 Bur$l¢m Methodist Mtssion {Swall Bank) Reference ajjd Administrative Details Trnstees Rev KathryD Stepbeus Stephen Ad8llLq Howard Dobwn Wendy Blood Sarah Dob50D Susan SinJ¢oe Matthew_Nixon Janet Bagttall tauren Brabbs Nigel Johnson Rita Taylor SÉewart Chaplttsll Jojhathatt Bolllt JenDy Coverley Thom&s Hall Rey Ruth Jeffries Rev Ptilliatn Wakelitj Opelo Kgari Sam Taylor Lywy JenniDgs Keith Stubbs Betheny Pe4ke Shaun Foll¢tt Charlty ReglstrntiDll NU￿ber 1141130 Prlnclp#] Offlct Bllrslem.YethO￿ [￿urch Swan Squa Stoke on rtent ST6 2AA Independent Ex*nthter D Dellson VAST Hope Strttt Sts)ke on Ttent STI 5DD Bankers Nahv￿t PLC Bovlton Page I Burslem Methodist Mission (Swan Bank) ru5tees' Report The trustees presettt the a￿￿lla1 report togeth￿ witb th6 fit￿￿1￿1 Stste￿¢llts of tb6 charlty for the yeAr ended 31 Allgust 2022. Trustees Rev Kathryn Stephens Stq)hen Adatns Howard Dobso Wendy BlIK)d Swah Dob80n Susan SillL￿ 8tthew NiKOll Jattet Bagnall Lauret) Brnbbs Nigel John50n Rita Taylor Stewart Chap￿￿[) Jonathan Bou]t (appointed l May 2022) Jenlly Coverley (apFrf)illted l May 2022) ThollL&S H811 (appoittt¢d l May 2022) R¢v Ruih Jeffti&% (gppointed I September 2022) Rev Williatn WAkeli Opelo Kg&ri (appointed I September 2022) Sam Taylor (appoillted l May 2￿2) Lynsay Jennings (appointed September 2021) Keith Stubbs (appointed I September 2022) B¢thany P¢ake Sh&un Follett (ap￿ill¢￿ I Sep*mber 2021) Page 2 Burslem Melhodist Mfisslon (Swan Bank) Trustees, Report (continued) Objectlves and 8ctfvitlc8 Objecls ondaim5 The puryos¢5 of th¢ Nfethodist Church are and slLall be dttJna to have been sillee the date of union the adv9￿C6T￿£ll¢ i)f _ la) the Christian faith in acconlancc ivith the doctiinal standards attd the dwipline of the M¢thodist Churcb,. Oi) aTJy Chatitable pur￿$¢ for the litne king of ally Connexional, districl circuii local or other organisation of the Methodist Church. (¢) any ¢haritabl¢ ptupose for the ti￿c b¢iDg of 8ny $ocieiy or inslitution subsidiary or aDcillary to thE Methodist Chur¢h" (dl any puTrose for the ti￿¢ being of eny charity beitjg a charity subsidiary OI ancillary to the Mc¢bodis1 CkurcFL The mission state￿¢llt for Swats Bank Chur¢h is 'Loving God. tAJving people, and that is what we aim tr) do through our members, our resouree5 and oui belief. The of Swatt BaJJk Church 15 to intentionally bring the Kingdom of Heaven to Burslem by creating di￿lpleS through prioritising th¢ p¢ople of BursltllL EqUIppi￿g, troining and enipowerillg those that gatber, to reach oul into the local community and creating space that 18 attraGtiN'¢, r¢l¢Yattt attd safe in Burslcm. Our objecttye is to live out our faith tbrough worship and prayer, bible study alld teaching, proiiding pastora] care and support to our mellLbers a￿d Comm￿￿ty, ond through mission atth outreach. Page 3 Burslem Methodlst Mission (Swan Bank) Tru5tees' Report {continued) Public benefii We ar¢ well known in the towm centre of Burslem as a ￿mMUnity church 8nd consequently have &L ¢onstaut tlow of people from all waiks of life visilitig us daily fot help and SUp￿Ill, We r¢gularly visittd by local horneless pwple, addicts alld thiyse iti necd who eoTDe for sl￿we[s. clothing and support and referr81 to other agenci68. Volunteer numbers is att i&￿e facing charities acr0&8 the country post Covid-19 alld we bave been similarly affecied So som¢ of our activitses ¢eased to ￿$tart du¢ to lack of Volunte￿ incluthg the Lullcbeon Club, which had n￿thing lor over 10 years. However during this year wt began negotiations w'ith a Christiall orgATLizatioll callcd The Message Trust based iti M8nehe8tei tr> open a Conmiunity Ikocery. For thi6 provision we iepurposed the builditlg that wa8 formerly the BUrSle￿ BookRoom. Tbis is due to open in October 2022. Due to a dowm turn ID CL8tomer numb￿5 we also, re8retfully. had to close dowrl our Coffee Lounge. How¢v¢r the space has been utslAzed for aetiwities such as a ￿eek]Y Knit 8JMI Natter group and the Chaty Cafè (syhich includes community digitsl io¢lusion w0￿1]0p$}. We are in the pro¢¢ss of d¢v¢loping other community activities that will 5UPPOrt the of the CommuDity GrLW. We continue to develop and see gro￿th in our todd]er group. 5ununer holiday clubs for ehTldren and youth, Youth Clubs for I1-18yrs, study groups, Gos￿1 Choir and Mes8y Church. Nlany people who attead these events are from non-chttrch backwllnds. We deal with many pystoral i55UES day to day. Our pastoral team has signifi¢andy developed over tlie past year and we now have a larg¢ team of Trohmteer pastornl visiton who keep iti touGb with those ￿*10 t￿ed i)we COTe and supporL We deltyer ChristrE]a5, baryest alld Easter gifts to oNez 50 of our and ￿onal cards for ""Thignifi¢aJt eve￿ts. The neM of kill of those for we eonduct a fi￿ernI receive regulaT cards al communication from us tbrwhout the following Y￿&f￿ the bereavemeDL We still house the busx¢st FoodBamk in the City wkn"¢h i$ run a￿l8￿ffed by Committed volunteers. The Retnembrdllce Day service was planned aDd n]allaged by u5 and wa5 Ycry well ati¢tsded Mryth many people from the ¢omJnuftity of BursIem. We also held our Memorial Service which w&8 well attcndtd by relativc5 and frien¢14 of those for wc held funer81 scrviccs during the pr￿Vious 2 years (as we had to cattccl Lt tbe prcvious 5.ear due to CoYd-19 r￿trictions). We also started up our wovisioll of suvices in care homes in¢ludiug rArol s¢ryices, As well &8 these activities, we reopened the Celltre OD Cbristtn&s Day to fd ]itnited number of 70 people; offeTing a full Cl]ristsn&£ lunch to those who would otherwise be alone or incapable of providtng them5elve8 a ￿eal. Also alongside ibis, we delivered a Christm&8 lull¢h t(> 320 pe4)ple along with 8 christm￿ gift; most of wbiLb is provided by dollations. M05t of tl)e5E wle were unkth)wn to the clwr¢h and most w¢r¢ either hous¢bound, on their or 5uff¢ring from food povetty. We had the help of over 50 YoluDteets tsk help deliver the methls and help in the Centre. The trust¢ea ¢onfirn that thes have complie believe that in any ￿￿terIal re5 accounting recor¢ts were not kept in reTect of Burslem MetI￿diSt Mission (Swan Bank) as required by section 130 of th¢ ACL. or 2. the accounts do not accordThvith those records" or 3. the a¢¢ounts do not comply witb the a￿v￿ling wirements Cor￿Ming the forni alld colltent of accounts set out the Charities (Accounts 8lld Reports) Regulations 2(Y)8 other than ally requirement that the accounts gtve a 'ttue al￿ fair which is no( F4 matter considered as part of an independent examination. E have no ¢(￿cernS alld bave Cotlle across llo other matt¢r8 in connection WAth the exarniDthon lo which attention should be drawi ind]i5 report ill orderto enable a prnpeT Utthtanding of the ac¢fjunts ts be r¢ach¢d. D Denson AChL4 VAST The Dudson C¢ntr¢ Hope Street Stoke on Trent STI 5DD 2710412023 Page 7 Burslem Methodist Mission (STYan Ballk) Statement of Financial Activities for the Year Ended 31 August 2022 Unrestrieted fvnds R￿trIcted funds TolAI 2022 Note IJJcome and Endowments from: Donations alld legacies CTrJaritsble activities Ini'estwent income 235,414 8203 8.343 243,757 8,203 290 Total iDcome 243,907 8,343 252,250 Expendltsrre on: Charitsble activities 6.116 274,211 Total cxpenditLW¢ Net (eXpendittwe￿u)¢Orne 1268.095) 6,116 (274,211 24,188) 21.961 Net nwvcmeni itL fund (24,188) 2,227 (21.961) Reconci]iation of fllnd$ Totsl brougbt forward 177,695 515,000 692,695 Totsl fi]nds carried forward 15 153.507 LMre51ricted 517227 Restricted fund8 Total 2021 Note In¢om¢ KndowmeDts from: Donations atLd legacies Charitable actiyilies Investment illcorne 193266 4,265 13 36.350 229.616 4,265 13 Totsl incorne 197.544 36,350 233,894 Expendlture on: Charitable activities (204,3Th1) {22,501) 226,8011 Total expellditure Net {expeuditureyineome Gr05s tr8n5fEf5 bEtwe¢n funds I204.3￿} 22,501 1226,8011 {6,756) 379) 13,849 379 7,093 Net mov¢ment in {7,135) 14228 7,093 RecoDeillation of fund5 Total brougbt forward 184,830 5(M),772 685,602 Total funds carried foThTrwd 15 177,695 515,000 69? 695 All of the ch8rity's activitie8 derive from conrinuiog O￿atiO￿s during the th)ve Iwo periods. The Cunds breakdown for 2021 is shovm in note IS. The notes onpAges 10 to 21 fom) an pan of these fitwiciai statetnents. Page 8 Burslem Methodist Mission (Swan Bank) (Registration number: 1141130) Balance Sheet as at 31 August 2022 2022 2021 Note xed #ssets Tangible assets li 481,833 484,804 Current assets Debtors Cash atbank and in hand 12 13 32,182 12,928 227,301 245.110 227,301 Credltor5: Amounts falling du¢ withSn on¢ye8r 14 19,410 Net current a55ets 188,901 207,891 Net assets 670,734 692 695 Funds ofthe charity: Reitrlcted income fuDd$ Restricted funrting StaDdard applicable in the United Kingdom aDd Republic of Ireland IFRS 102) and the Chariti¢5 Act 2011. BASIS of prep&rntlon Bursl¢m Methodist Mission (Swan Baok) m¢¢ts the defioition of a public benefit elltity urmler FRS 102. The accounts (flnancial statements) have been prepared under the hislorical cost convtntion with items reco8nised at cost or traTL%action valiie uojess othenvise stated in the i¢le&allt notels) ty tb¢se accounts. Colllg concern The trustees consider that ther¢ are no mftlerial about the cb1ri￿8 ability to continue 8s 8 going IDeome and endowments . Voluntary incoitiE inGludiug do11atits￿ ￿. legacie8 ttnd grants thAt provide coff fimdittg or a￿ of a general nature i5 recognised when the cbarity enuile]nent to the income. it is prob￿le that the income w411 be received and the a￿OUnt can be me&8ured with sufficient ￿lIabIlIty. Don￿1¥0￿5 widlegacie DonatiOll5 and lega¢i¢s-are rtwgDi5ed ots a r￿tIVable basi5 WI￿ receipt is prtsbable and th¢ amount can be reliably measured. Grants receivoblÉ Grants tr¢ recogrnised when (he ¢lLarity has an entitle￿¢ll1 to the fjjnds and any ¢oodibOrts linked to th¢ £I￿ts hav¢ b¢en met. Ivhere perfo￿anCe conditions arc attached to the grant aLd are yet to be me¢ the income is recobmised as a liability ￿nd included on tb¢ baiance sbeet as deferred in¢om¢ to b¢ rele&8ed. Invesimeni ineome Divid¢Jds are recogDi8ed once the diiideDd has been de¢lared and notification has been received of th6 dividend du6. E4￿ndit￿re All Expenditure is re¢ognis¢d oth¢¢ th¢rt 15 a lewal or Gon5truGtiv6 obligation to that ¢xp¢ndittwe, it is probable 56ttlctnent is iequired and the amDUllt call be ￿e&￿red ieliably. All Costs ale all(*ated to the applicable expenditure heading that aggregate sitnilar ¢osts io thal ¢2tegory. IlTrere costs caunot be directly attributed to particular he&dings th¢y hav¢ been all(Kated on a basis ctsnsistent with the use of T¢sou￿¢1 with ¢¢ntral staff costs alIocated on the basts of t1￿¢ spenL alld depreeiatiOD charges allocated on the portiou of the &sset'$ use. Other supporl costs are allocated based on the spread of staff costs. Chovithble Rctivities Charitable expenditUTC CO￿prises those costs incuffed by the charity in the delivery of its aCti￿li¢S and services for tts beneficiaries. It iDcludes kntb costs tknt can be alloiAied directly to such activities and those costs of all indiTWt nature llec¢s88ry to supwt ttmn. Page 10 Bursl¢m Methodist Mission (Swall Bank) Notes to the Fthancial Statements for the Year Ended 31 August 2022 {continued) Governance Costs Th￿e include the costs attributable LO the ¢harity's compliottce ¢otJStitutional and statutory requirements, including audit, 8trategi¢ managemeni and trustees meetitigs wd reimbuJEed expenses. Coverllmellt grattts Govemm¢nt grants are reco￿]￿ed based on the a¢ml model and aK measured at tho fair value of the asset rec¢ived QT r￿e1vable. GTanls Wt cI￿lfied as relatiD8 either to reveoue or to ￿ets. Grauts relating to r¢v¢nue are recogllised in illcome over the period in whrch the related costs are recognised. Gramts Telating to assets are recognised over the expected ￿tfi￿ life of the &￿t. Where part of a grant ItlatiDg io ￿Set is defetred, it is recognised as d¢feTr¢d in¢om¢. TaxAtlon The charity is ¢on8idered to pass the tests Set in Paragraph I Sd)edul¢ 6 of th¢ Finance Act 2010 and therefore it n￿ts th¢ defin"Jtioll of a £b￿ltable COTllpally for UK corD)ration tsx pU￿oses. A￿rdmg1Y, tbe Gharity is potentially exe]npt ￿atioll ttl [￿peCt of illco]lle or capital gains received within ¢ateg0ri65 COVtTed by Cbapi¢r 3 Part I l of tbe co￿￿TatiO￿ fax Act 2010 or Section 256 of the Taxation of CILaTg¢able GAiThs Act 1992, to the extent that sllch income or 8ain5 ate applied exclusively to charitsble purpose TAngible fixed *&%ts Indii'idual fixed costing £0.00 or n￿re are iÉJitially recorded at cos4 less any subsequent accunmd depr¢ciatiott and sub8equent ac£umulat¢d impairll)ent losse& Depr¢clatlon and awortis&tio Depreciation is provided on taD8ibl¢ fix￿ &ssets so as to ￿￿11¢ off th¢ cost or valuation, less any estimat¢d ruidual ￿aIlle, over their exp¢cied useful e¢onomi¢ life &s follows- Tradt debtors Trade debtors are atyollt￿ ¢kn fmm Custon￿S for Jnarhmdise sold or servic&q perfornked in the ordinary coiirse of bu5ine55. Trade debtors are recO￿lIS¢d initially at the transaction prtce. They Bre subsequentty rn¢aS￿ed at gn)ottised cost ing tbe effectiie itjteresi metho( less proi'ision for impairnleni. A proiision for the impairment of trade debtors is established when there is objective evidence thai the rlLatity will not be able tts collect all Amouttts due aecording to tbe origi[￿1 ternjs of the ieceiv2bles. C8$h and c2$h equivalents Cash alld cash cquivaIcDts compri9e cash OJJ baDd and call ¢kpo8its, and other short-terni higldy liquid nvestn￿￿t8 that are readily c4)ni'ertible to a k)￿wn am¢)uni of cAsh and llre subject Éo insigllificant risk of Change in valu¢. Fund structur¢ Unrestricted inco￿¢ filllds are generdl that are available for use at the trLLStees discretion in furthuanGE of the obj¢ctive$ of the ¢harttv. R¢5trACted yDGome fund5 are those donated for usr in a paEticular azea or for 5perifiG pu￿5¢& the use of which is restricted to that area or PUrp￿C. Pagell Burslem Methodist Mission (Swan Bllllk) Notes to the Financial Statements for the Year Ended 31 August 2022 (continued) 2 lllroTne from dortatitbns leg*¢ie5 ITnre8trlct¢d fuDd5 Geller*l Restrl¢ted funds 2022 Dottatsons and legacies. Donations from individuals Grants. including ¢&￿tal grants. Grants from other charities 207,414 8,343 215,757 28.0¢ ?35,414 8,343 Lllr¢stri¢ted fmllds Geffjernl Restricted fund$ Tot81 2021 Donations alld legacies" Dotsatiojjs from ittdivtduats Grants, inrludittg capital grants. GoverDm¢nt grFllts Grarlts from other Gh￿ltieS 186266 18.229 204,495 10,988 7.133 10,988 14,133 193,966 36.350 229,616 Page 12 Burslem Metbodi5t Mission (Swan Bank) Notes to the Flnanclal Statements for the Y￿r Ended 31 August 2022 (continued) 3 Income from charitable activities Unre8tritted fllnds General Totgl 2022 Room Hire Weddings alld Funernls Choir eyents 3.479 3947 777 3,479 3.947 777 8.203 Unrestricted funds General Tot81 2021 Room Hire Wedding5 atml Funaals 25 4,240 4,265 25 4,240 4,265 4 Inyeslment kncome UnT¢stricted fullds Geller Total 2022 tnterest i£ceiTr'able and similar incoTtLe' Interest receivable onbank d¢posits 290 290 290 290 UDrestTiCted nds General Total 21J21 Interest receivable and sinilar income" Interest receivable on bank depostts 13 13 13 13 Page 13 Burslem Methodist Mission (Swan Bank) Notes to the Fin8ncial Statements for the Year Ended 31 August 2022 (Continued) 5 Expendltllre on charitsble actiTritie5 Lllrestrleted fund5 Ceneral Restritted Total 2022 Christn Livestream and broadcastin8 Donations Commurtity Meal Utilitie8 Insurance Property repair5 alld maÈlltenance Bgnk charges oiri¢e Costs Circuit ¢osl$ Outreach Number 9&11 CotTee shop Staff expenses Pastoral Gifo Evellts atLd birthday 3,745 1,758 600 13 3,745 1.758 600 13 5,480 6,750 72,927 1,291 13,088 148,671 1,214 5,000 10,491 932 1,526 585 140 6,750 72.927 1,291 13,088 148.671 1,214 10.491 932 1526 585 1¢ 6,116 274,211 P￿e 14 Burslem Methodist Mission {Swan Bank) Notes to the FinAnelAI Ststements for the Year EDded 31 August 2022 (continued) L.nrestricted funds Gelleral Restrlcled funds Total 2021 Chri5ttnag Livestrea￿1 and broadc&¥till8 Dollations CoD¥Ut¢r eqUipm￿t Utilities 4250 2,067 787 4.420 4250 2,067 787 4.420 31393 6,516 4,875 933 13,901 119,784 820 1,485 6.312 17.420 7,807 861 3,170 226,801 31.393 6.516 4,875 933 13.901 119,784 820 1,485 6J12 17.420 Bank ¢harg Office costs Circuit ¢oyts Outreach Mintbus rA)sts Nujnber 9&11 Coffee shop Book roo]n Staff cxpenses Gospel car 7,807 861 3,170 22,501 204.300 6 Govern￿ent grants £Nil w&q re¢¢ived from Stok¢ on TT¢fL¢ City Councd toward5 food for the Chri5tr]as D&y meal (2021..£1,000). £Nil Wds received from Stoke OD Trent City Council to provide a weekty me&1 aad $upEN)rt for f&milies {2021.£9,988). The amount of grants recognised in ttie fillancial stateD)￿ts w&$ £- (2021- £10,988}. Th6rE writ no ullfuiflll￿ Collditio￿ at the year etkd. Page 15 Burslem Methodist Mission (Sw2n Bank) Notes to the Financial StstemeDts for the Year Ended 31 August 2022 {contlnued) 7 Net Incomlngloutgoing resources Net (outgoingyin¢oming resources for the ye8r include.. 2022 2021 Depreciation of fixed assets 2,971 3,495 8 Trnstee8 remuDeratloD and expellses During ibe y¢8r th¢ charity DJad¢ the follosFiDg trallsactiOAJ5 with trustees: Rey KathT)T Stephen5 Rev K&thryn StepheDS ￿(eiVed r￿Qu￿trat1Dlj of £22.862 {202I: £20,419) 8tMI £2,145 (2021.. £1287) of expeÈJses were reinthursed to Rev Kathrym Stq)bens duting th¢ yew. Thig ranuncrdtion paid via the ¢ir¢vit Any exrKnse5 reimbursed were for Rev Stephen's paid employtllerlt and not rel&tion b) ber rol¢ ps a tswst¢e. £5,557 {2021..£5231h>f p¢Dsion contributiOll5 were ]Dade for Rev K Stepbens PeDSiOll cOlltributi￿ haye bE¢nmsde to A defined contribution 5cheD The legal authority UTLder whiGh remunernlitsn w8s giv¢n to those also actin8 &S tr￿e9 of the chatity is the Collstitutional Practice and Disciplill¢ of the Methodist Churc14 which states that subject to co]npliallC¢ Trith Standing Orders as to confiicts of intetesL the tru5ttts may employ or engage the seryi¢¢s of ally trustee or cOnn￿ted person ai remunerdtion aDd tknm)S llot mor¢ pr¢feretsiia] than would be accorded to a LellLbtr of th¢ publiG with the same qualifications and experience. Sam Tavlor sa￿ Taylor reccivcd renwncration of £24,3￿1 (2021: £Nil) and £107 (2021: £Nil) of exp¢1￿5 were reirnbursed to Sam Taylor th￿illE the y￿. This remulleration w&% paidvia the circuit Any expe]Lses ieimbuTsed w¢re for S8rn Tayloes paid employn]e¥LI aud not ID Trjation to his role ￿ a tn]stee. £1,458 of pensiott Gontributions wer¢ mdde for Sam Taylor Pension Contributions have been made to a defined contribution ￿h¢Me. Th¢ legal authority ulldeE wbich re￿UlletatiOll Wds gtTh to those ￿s0 acting as tNstecs of tbe charity is the Coostitutional PractiCL and Discipline of tbe Mcthodi5t Chutch, which stat¢s that subje¢t to compliance with Standing Orders &8 to confiicts of interes4 the trusttts may ernploy or ¢ngage the services of arty rnaDa8ing tLU5tet or connected person &t remunerdtiort and on ien¥Js llot more preferential than would k ￿￿orded to a member of the public with the same qua]ifica¢ions and exper1et￿. No tru5tee6 hav¢ received any other benefits from th¢ charity dw the year. Page 16 Burslem Methodist Mission (Swan Bank) Notes lo the Fin¥ncial Ststemertts for the Year Ended 31 Augusi 2022 (continued) 9 Independent exarniner's remuneratioD 2022 2021 Examitiation of the fuJan¢iai swem¢nts 1,410 1.410 10 Tax#ifo The chttrity is a registered charity and is therefore exen4)t frorn taxation. 11 T8Dglbk fixed a53ets FurDitsre and eqlllpment blllldtDgs Total CDst At I septemb￿ 2021 465,(K>O 32,122 497,1?2 At 31 August 2022 465,11 497,122 Depredatlon At I September 2021 Charge forthe y 12,318 2,971 12,318 At 31 August 2022 15.289 15,289 r4et bookvallle At 31 August 2022 465,IMX) 16.833 481,833 At 3 1 Augusl 2021 465,(K 19,804 484,804 12 Debtors 2D22 2021 ACC￿ed income 32,182 13 C*sh and ta5h equivglethts 2022 2021 Cash #t bank 212,928 227,301 14 Creditors: amounts falling due within year 2022 2021 Accnwls 56,209 19,410 Page 17 Bursl¢m Methodist Mission (Swan Bank) Notes to the Financial Statements for the Year Ended 31 August 2022 (contillued) 15 Funds Bal#n¢e It I September 2021 ltt¢omirtg resollrces Resollrce8 expended Balance at 31 August 2022 Unrestrl¢ted fund5 Generdl General 177,695 243.907 {268,095) 153,507 Restricted ￿ndS Christmas day . Ghan8 Compa8SiOn Break-i￿ dollations & crowdfunder Church building Action4children 21,326 7,118 240 150 (3,745) (325) (275) 24,699 (85) (100) 25 4,474 465,(X)O li 4,474 465.0 Live str¢am Circuit bro8dc&8t Access to cash CorllmUDity me41 9.729 1.714 1,713 11.(M18 (1,758) 7,971 1,714 1,713 10,995 835 (13) 835 Tot#1 restricted fullds 515,¢M)O 6,116 517.227 Total funds 692,695 25? 950 274.211 670,734 Page 18 Burslem Methodist Mission (Sivan Bank) Notes to the Flnancfial s￿te￿¢Thts for the Year Ended 31 August 2022 (continued) Ball￿ee #t I SEPtember 2020 Balattte at 31 August 2021 Inc0￿ing resources liesoortes expended Tranrfers Unrestricted ￿ndS General General 184.830 197.544 (204.3￿) (379) 177,695 Resirlcted Christll￿ day Gballa Comp&ssioll Break-in donations & crOWdfi￿der Gospel car Cbuich building tion4chi]dren Lii'e stream Circuit broadcast Buts1¢￿ bookrooln A¢￿sS to cash Cominunity meal 11.773 13.803 220 31)0 {4 ?501 {325) (275) 21,326 105 25 4,474 3,170 465.( 198 7,945 679 7533 4,474 (3.170) 465.000 (187) (1.684) (383) (7.807) (4.420) 3,468 1.418 9,729 1.714 274 6.133 11,008 1,713 11,008 Total rt&tri¢ted fullds 500.772 36,350 122,50L) 379 515.0(M) Total funds 685,602 233,894 {226.801 692,695 Page 19 Burslem Methodtst mts￿on (Swan Bank) Note8 to the Financial Statements for the Year Ended 31 August 2022 (contAnued) The specific purposes for which the fimds are to be applied as follows: Christm&s Day TELIS (und is to wot* with those in our cornmunity, particularly thi)se who ate isotatel lonely and fjnaD¢ially challenged to proNide them thitb a fijll Cbxistroas Jnd, etJten2itJment alld friendship on Christm&% Day in the CburGh building or'meals on Thhe¢ls" for thos¢ who ar¢ un8bl¢ to their hi>me. ProjectNo I I This ia aproject that W&8 ori8illallypattof the charity whtch had ￿paT￿ted in 2019. Compa8sionlGbana Restricted fullds to supwt link proiec¢(s) in Gbw worbng to relieve poverty. Break-in donation5 and crowdfimder This uloney cwe in through donalions followinE a break and don&ted to help the clntych in ivs outrea¢h work with vultjerable people parti¢ularlv at Chrisunas bui a]so through(Trut tbe year. To be usea directly w)d also to enable th¢ upkeep of the spa¢es in the pmnises ￿￿bY those in the"vitlnerable' cate80ry. Gospel Car This fulld if for a heritage project ￿lled . The Gospel Cav whicb is all educ2tioJJal historic cart that tours schools, fairs h¢rilag¢ 3it¢s and rnu5eurns. Tbe fi]nd5 2re for the upkeq) of the car and ivs ongoig work. Church Building This fi￿d represents the valuation of the premises of Swan Blllk Churth alld Swan BaDk Methodist Mission, A¢tion4childTen Half of the donations at the Christingle %rvice ate giycn to this clwity. Live Stream & Circuit Broadcast This fulld was set up to engbl¢ servicu to ¢￿tillue oft]ine during Covid-19. The OlllÈne gi￿llg fvnds wer sei to allow viewcts to dotsate towards production ¢osts. EMAIO This fulld was set UP ID ordet to help a ahur¢h memW8 family who were in need. VaTiOUS gift5 wcrc mad¢ fDr thc fan]i]y and th¢ ￿n)dini￿g IS￿neY was giv¢n to them. Tu¢sday Club This fLmd is w8ed to allow 8 group of p¢opl¢ the ChU￿h to for fellowship ynd li5t¢n to guest 8peak¢Th. Burslem Book Roo This is a grdni ￿llded activity connected to the Church. Butslem Book Room is A ljbtsry and conjmunity 8pace, offtting weekly etsgagern¢nt a¢iiviti¢s and att ￿$Y to use lÉbr8ry service. A￿¢s$ to cash This is a grant to Purch￿ 10 laptops to allow people to acces% on4Éue seThiett. Com]nunity Meal Thi5 is a 8raDt to provide a weekly meal alld 5upEth for famtli¢s thmughout the year. Ukraine FuTLds colle¢ted for rcfugees from th¢ Ukraine. Page20 BUrSle￿ Methodist Mission (Swan Bank) Note$ lo the FJnAnclal Statements for the Year Ended 31 August 2022 (continued) 16 Analysis of net aS5et% bthveeu fundg Unrestricte41 fullds General Total fwids at 31 August 2022 RÈ$trltted fullds Tangible fixed assets CLtrrent asstts Current liabi]itics 6,877 202,839 {56209 474,956 42271 481,833 245,110 56,209 Totsl net 355cts 153.507 517.227 670,734 U)trestrl¢ted fwids General Total fvnd5 at 31 August 2021 ReSts￿¢(¢d Tangible fixcd assds Current ass¢ts Cufftnt liabilities 476.714 38.286 484,804 227,301 (19,410 189.015 19,410 Totsl llet &ss¢ts 177.695 515,(KK) 692 695 17 Relgted party tran5aftion5 Durillg th¢ year th¢ charity made the following related party traDsaction$.' Corner$loDe Construction And ReDOVAtlon$ Llmlted ICom¢rstone CoJTrstruction and Renovation5 LEllJited of Th'hich St¢wArd Chapll￿, a thJste& is a dsrector.) Th¢ company was paid to r¢plac¢ the windovéE in the church ￿Ld in th¢ BookRoom. A deposit of £8.910 was paid during the year. In the preTrious year an aTnoLllrt of £2.6LK) was paid ty replace some internal doors.. At the balallce sheet date the ount due to C4)rnerstone Construction and RenoN'*itsns Limited vas £30,258 (2021- £Nil). Page 21