## **TRUSTEES' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **Registered Charity No. 1141725** 

## **HILLFIELDS CHURCH, COVENTRY** 

## **LEGAL AND ADMINISTRATIVE INFORMATION** 

Treasurer: Mr Daniel Field Office address: 18 Lower Ford Street Coventry CV1 5QJ 

Bankers: Yorkshire Bank 

Current Trustees: James Young Paul Watts Simon Hook Peter Cordle Daniel Field 

## **CONTENTS** 

Trustees' report Independent examiner's report Statement of Financial Activities Balance Sheet Notes to the Accounts 



## **TRUSTEES' REPORT** 

The Trustees present their report and accounts for the year ended 31 December 2022. 

## Structure, governance and management 

Hillfields Church Coventry is an independent Baptist Church located in Lower Ford Street and Waterloo Street, Coventry. The Church was first registered as a charitable unincorporated association with the Church Constitution adopted on 3[rd] March 2011. 

The Trustees who served during the year were:- 

Pastor Paul Watts Pastor James Young Pastor Simon Hook Mr Peter Cordle Mr Daniel Field 

The Trustees are the designated Officers of the Church as laid down in the constitution.  These are the Elders, including the Pastors.   A Pastor is one of the Elders whose gift in preaching, teaching and pastoral care has been recognised by the Church and has been appointed by the Church to exercise such a ministry. 

James Young and Simon Hook have served as full time pastors of the church.   The Trustees are required by the constitution to meet at least twice in a twelve-month period, but have met more frequently during the year.  Any matter requiring a decision of the Trustees requires a simple majority of those present and voting at a properly convened meeting.  In the event of an equality of votes the chairman of the meeting is entitled to a second or casting vote. 

## Policies 

Church policies are set by the Trustees. HCC currently has policies addressing the following: 

Safeguarding of children, young people and vulnerable adults. Reserves Data protection Conflict of interest Finance, including Investment, Internal control and paying staff Managing volunteers Risk management Disability Health and Safety Buildings lettings Lone workers Social media First aid Serious Incident Reporting 

## Objects of the charity 

The purposes of the Church are the advancement of the Christian faith in accordance with the Doctrinal Basis of Faith primarily but not exclusively within Coventry and the surrounding neighbourhood, and such other 

1 



charitable purposes as shall, in the opinion of the members of the church in general meeting, further the work of the church. 

## Activities and Public Benefit 

The Trustees have paid due regard to the Charity Commission’s guidance on public benefit and during the year the Church has sought to provide a distinct public benefit in our activities. A spiritual or practical benefit has been provided to a wide range of members of the public in most of our activities. 

Apart from specific meetings during the year for church members only, our meetings are freely open to the public. 

Our regular Sunday worship and biblical preaching ministry have been maintained with morning and evening services each Sunday. Access to the church worship services online has been a help to many listeners both in the UK and overseas. 

During the week the church has held regular meetings for prayer, Bible study and fellowship, at the church and in small home groups on alternating weeks, as well as promoting informal contact between members and others for mutual help and encouragement. 

We have maintained a comprehensive programme of teaching and activities for children, young people and students to help them understand the Bible and the way in which its teaching should affect our lives as well as participating in fun activities in a safe and nurturing environment.  We also provide opportunities for older people to build friendships and encourage each other. “Open Door at 4” on a Sunday afternoon seeks to draw people from the community in to hear the Christian message in an informal setting. 

The church has been able to give financially in response to several UK and overseas needs which have arisen during the year and which have been brought to our attention.  This has been done with the recommendation of the Trustees. 

The church supports a number of missionaries and Christian workers in prayer and receives their prayer letters and emails. Missionaries are prayed for by individuals and also from time to time at the Church prayer meeting. The Church has been particularly supporting Alex and Mari Walker and their family working in support of community radio stations in sub-Saharan Africa for a number of years. We also support David and Georgina Gray in their work of Bible translation and Scripture engagement. 

During the year we continued our program of refurbishments at our Waterloo Street site with the completion of the new larger kitchen and further improvements to heating and lighting. 

## Achievements and performance 

We rely entirely upon God’s grace and power to produce lasting benefit from our activities.  At the same time, we encourage everyone in the church family to be involved in serving. 

We are very grateful to God for the consistent and helpful biblical ministry from our pastors, other preachers from within the church and visiting preachers during the year.  This has been a great help to many people, some of whom have understood their need of repentance and of putting their trust in the Lord Jesus Christ as their Saviour and Lord. 

During 2022 we welcomed 17 new members into the church fellowship, while 13 ceased membership, bringing the number to 189 at the end of the year. 

2 



producing an annual forecast of our estimated expenditiffe needs, o)IlectiTrg and allocatiwd Bifts to the
church, reclalmlng tsx from HMRC on gift alded Income. payln8 Staff rnernbe￿ malntalnlng the frlnanclal
accounts and distributtr¥ mOn￿S to tIM>se In need In accord￿ wlth the wAshes of the Tn&ee&
The Church a defklt the year on 115 Gefwal F￿d of £19,663, of whkh E8397 was covered from
lower than forecastdue to an increase in donailorts. Tr frustee5 cor￿￿1erthefiTrafiCial position atthe year-
end to be satlsfactory. The Trustees revlew the ILwel Df reseNes each year to ensure that It Is sufficient for
on801￿ day to day purpose& A bwl8et for 2023 has beeft set based on the Churth's orqoing and pn)jected
actNltles and a defklt Is expected as a ￿sUIt of further inueased salary costs and a ￿Ight reduction In
donatlons. This deficlt WIM be c(wered byfundrta proportion of costs from deslBnated f￿dS ca￿le0
forward. In setting the bud8et the Trustees have considered the possible impKt of the ec4)nmk dlmate on
donatlonsaThl they are satlslled that their a55unptions are reasonable.
The maln 9)Ur￿ of fvnds comes from donatlon& These funds en•ble Trustees to fulfA their aims and
objecttves as stated above. It is the current pollcy of the Church that resen￿$ IfreeSy available unrestrlcted
funds whlch have not been deSI￿ated for a speclftc vse) SI￿VId be maintalned at a level equlvalert to at
partlclpants. The Trustees constder that feseThes at thi5 le￿1 wlll enwre that, kn the event of a *nlficant
drop In fundkn& they wlll be able to acliwe an orderly cha￿e In the Church's current aCt￿ltIeS whlle
consKlerat￿n is glven to Vrnys In addltk)nal funds rnay be ralsed. The level of Gener•1 Fund Ilquld
reser￿$ at 31 December 21520 was Just over £23WJ. ln Ilne wlth that reoulred by pollcy.
There ore no restrfctlons on the Trustees to IrNesL The unrestrlcted and reStrkt￿ fund5 may be IrNested In
any type of InvesimenL The Investment stratKI15 rwlew*d aruxmlty.
la
All our plans for the future ale made In dep￿ThIen￿ on God. We are 5ntendlng to contlnue our regular
are also hoping to develop furtheroureY•n8eHsm wlth initiatives designed to effda8e wlthth05e who are not
currently Christians. $0 that more.people In Cowlty and but in the local dlstTiCt of Hlllfkld5 In
Chrhtian go41el. To thls end we are activety thinkiw through new opportunlties for outreach, bulldlng
relatlonshlps and w0vk11￿ practkal support to the local commuTrlty based partI￿￿arlY at the Waterloo
Street slte. We plan to contlnue the reIwdtkn￿ to the WaterfoD Street bulld4ng to ensure It15 sultable as
base for mlnlstry.
We contlnue to seek as far as we can to meet the need for ￿$tornI help and support for people In our
felk)wshlp which conilnue5 to Increase as the thuth Ero
We ￿pe to see the use of our t￿ildIng5 IKrease for both church mlnlstrles and as a resource for our local
mmunlty. roomsare available for hire to extemal Broups.
Or& behalf of theTru#e8S:
Dated:
Dated

## **INDEPENDENT EXAMINERS REPORT** 

## **TO THE TRUSTEES OF HILLFIELDS CHURCH COVENTRY** 

I report on the accounts of the Church for the year ended 31 December 2022, which are set out on the attached pages. 

## **Respective responsibilities of trustees and independent examiner** 

The Church's trustees are responsible for the preparation of the accounts.  The trustees consider that an audit is not required for this year (under section 44(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 

- Commissioners under section 145 (5) (b) of the 2011 Act; and 

- To 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 present a 'true and fair' view and the report is limited to those matters set out in the statement below. 

## **Independent examiner's statement** 

I have completed my examination.  I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that, in any material respect 

- the accounting records were not kept in accordance with section 130 of the Charities Act; or 

- the accounts did not accord with the accounting records; or 

- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 


D C S Cooke MA (Oxon) FCA FCIE David Cooke & Co 5 Briar Close Banbury OX16 9DS 

3 October 2023 

4 



## **Statement of Financial Activities** 

## **for the year ended 31 December 2022** 

|**Incoming resources (Note 3)**<br>**Income from**<br>Donations and legacies<br>Charitable activities<br>Investments<br>**_Total incoming resources_**<br>**Resources expended (Notes 4-7)**<br>Charitable activities<br>**_Total resources expended_**<br>**Net income/(expenditure)**<br>**Transfers between funds (Note 13)**<br>**_Net movement in funds_**<br>Total funds brought forward<br>**_Total funds carried forward_**|**Unrestricted**<br>**funds**<br>**Designated**<br>**funds**<br>**Restricted**<br>**income funds**<br>**Total this year**<br>**Total last year**<br>**£**<br>**£**<br>**£**<br>**£**<br>192,716<br>-<br>22,026<br>214,742<br>330,408<br>31,714<br>-<br>31,714<br>8,250<br>1,187<br>-<br>-<br>1,187<br>311|
|---|---|
||**225,617**<br>**-**<br>**22,026**<br>**247,643**<br>**338,969**|
||245,280<br>13,500<br>26,999<br>285,779<br>281,007|
||**245,280**<br>**13,500**<br>**26,999**<br>**285,779**<br>**281,007**|
||(19,663)<br>(13,500)<br>(4,973)<br>(38,136)<br>57,962<br>8,397<br>-<br>(8,397)<br>-<br>-<br>(11,266)<br>(13,500)<br>(13,370)<br>(38,136)<br>57,962<br>84,402<br>93,565<br>73,995<br>251,962<br>194,000|
||**73,136**<br>**80,065**<br>**60,625**<br>**213,826**<br>**251,962**|



5 



## 

|||Unrestricted|Uesignafetf|RcsGfded|RcsGfded|||||
|---|---|---|---|---|---|---|---|---|---|
||Note|funds|Funds|income funds||Total this year|||Total last year|
|||£|£||£||£||£|
|**Fixedassets**||||||||||
|Tangible assets|10|49,694|||757||**50,451**||50,640|
|**Totalfixed·assets-**||49,694|||757||**50;451**||50;640·|
|**Currentassets**||||||||||
|Debtors|**8**|30,821|||969||**31,790**||9,639|
|Cashatbank and in hand||(5,763)|80,065||61,532|**135,834**|||196,065|
|**Totalcurrent"assets-**||25,058"|80,065||62;501|**167,624**|||205,704|
|**Oi!ditors:,imountsfallilll}d!mwithln**||||||||||
|**one year**|9|1,616|||2,633||**4,249**||4,382|
|**N!!t~Ymmta~u/(liabi!itiesJ**||**23,442**|80,065'"''••||**59,868**|**163,375**|||~.--<br>201,322|
|**Total assets less current liabilities**||73,136|80,065||60,625|**213,826**|||251,962|
|||||||.-.~:|<br>,,.. '_.'i_|,,|·'•',,'"·,.,,,.,..•~.|
|**_Netassets_**||**73,136**|**80,(165**||**60,625**|**213,826**|||**251,962**|
||||,,•,::-,•·..-|||||||
|**Fundsof theCharity**||||||||||
|Unrestricted funds|11|73,136'|||||**73,136**||84,402|
|Designated Funds|11||80,065||||**80,06;**||93,565|
|Restricted income funds|12||||60,625||**60,625**||73,995|
||||||||||,,~..|
||||||'|||||
|**_Tota/funds_**||**73,136**.|<br>**80,065,**||**60,625**.|<br>**213,826**|||**251,962'**|








## **Notes to the accounts** 

## **Note 1 Basis of preparation** 

## **1.1 Basis of accounting** 

The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014, FRS102 and the Charities Act 2011. 

Hillfields Church Coventry meets the definition of a public benefit entity under FRS102. 

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. 

The Trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern. 

## **Note 2                           Accounting policies** 

## **2.1 Income** 

|**2.1 Income**||
|---|---|
|**Recognition of incoming**|These are included in the Statement of Financial Activities (SoFA) when:|
|**resources**|·<br>the charity becomes entitled to the resources;|
||·<br>it is more likely than not that the trustees will receive the resources; and|
||·<br>the monetary value can be measured with sufficient reliability.|
|**Offsetting**|There has been no offsetting of assets and liabilities, or income and|
||expenses, unless required or permitted by the FRS 102 SORP or FRS|
|**Grants and donations**|Grants and donations are only included in the SoFA  when the general income recognition|
||criteria are met.|
|**Tax reclaims on donations and**|Gift Aid receivable is included in income when there is a valid declaration from the donor.|
|**gifts**|Any Gift Aid amount recovered on a donation is considered to be part of that gift and is|
||treated as an addition to the same fund as the initial donation unless the donor or the terms|
||of the appeal have specified otherwise.|
|**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described in|
||the trustees’ annual report.|
|**Income from interest, royalties**|This is included in the accounts when receipt is probable and the amount receivable can be|
|**and dividends**|measured reliably.|
|**2.2 Expenditure & Liabilities**||
|**Liability recognition**|Liabilities are recognised as soon as there is a legal or constructive obligation committing the|
||charity to pay out resources.|
|**Grants payable without**|These are only recognised in the accounts when a commitment has been made and there are|
|**performance conditions**|no conditions to be met relating to the grant which remain in the control of the charity.|



## **2.3 Assets** 

**Tangible fixed assets for use by** These are capitalised if they can be used for more than one year, and cost at least **charity** £400.  They are valued at cost or a reasonable value on receipt. Assets are depreciated on a straight line basis over their useful life as follows: - Electronic equipment - 5 years - Furniture, fixtures and fittings - 10 years - Motor vehicles - 10 years 

7 



## **Notes to the accounts (cont.)** 

## **Note 3** 

## **Analysis of income** 

|**Note 3**|**Analysis of income**|||||
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|||
|||**funds**|**income funds**|**Total funds**|**Prior year**|
||**Analysis**|**£**|**£**|**£**|**£**|
|**Donations and**|Donations|159,750|19,787|179,537|232,044|
|**legacies**|Gift Aid|32,966|2,239|35,205|38,364|
||Grants|-|-|-|60,000|
||**Total **|**192,716**|**22,026**|**214,742**|**330,408**|
|**Charitable activities**|Event & activity charges|25,324|-|25,324|6,631|
||Café sales|2,818|-|2,818|1,619|
||Rent receivable|3,572|-|3,572|-|
||**Total **|**31,714**|**-**|**31,714 **|**8,250**|
|**Investment income**||||||
||Interest receivable|1,187|-|1,187|311|
||**Total **|**1,187**|**-**|**1,187**|**311**|
|||||||
|||**225,617**|**22,026**|**247,643**|**338,969**|



## **Note 4 Analysis of resources expended** 

|||**Unrestricted**|**Designated**|**Restricted**|||
|---|---|---|---|---|---|---|
|||**funds**|**funds**|**income funds**|**Total funds**|**Prior year**|
||**Analysis**|**£**|**£**|**£**|**£**|**£**|
|**Charitable activities**|Officeholder and employee-||||||
||related costs|121,930|8,500|-|130,430|124,857|
||Payments to||||||
||preachers/speakers|1,770|-|-|1,770|1,330|
||Gifts and financial support||||||
||given|26,617|5,000|21,574|53,191|38,269|
||Children's and youth||||||
||ministry|6,912|-|-|6,912|5,199|
||18-30s ministry|8,197|-|-|8,197|3,592|
||Church holiday and other||||||
||events|10,872|-|-|10,872|-|
||Café costs|1,556|-|-|1,556|1,319|
||Other activities|5,472|-|-|5,472|3,227|
||Training and conferences|3,123|-|-|3,123|11,999|
||Equipment and resources|2,894|-|395|3,289|3,404|
||Utilities, rates and insurance||||||
|||22,502|-|-|22,502|13,439|
||Minibus expenses|5,911|-|-|5,911|2,604|
||Repairs and maintenance|4,918|-|4,879|9,797|59,342|
||Licences and subscriptions|2,292|-|-|2,292|1,977|
||Printing & copying|2,748|-|-|2,748|1,861|
||Consumables and sundry||||||
||expenses|3,015|-|-|3,015|1,348|
||Depreciation|9,344|-|151|9,495|5,703|
||Professional fees|5,207|-|-|5,207|1,537|
||**Total **|**245,280**|**13,500**|**26,999**|**285,779**|**281,007**|



8 



**Notes to the accounts (cont)** 

## **Note 5                           Details of certain items of expenditure** 

## **5.1 Fees for examination or audit of the accounts** 

£425 is due to the independent examiner (2021: £400) for the examination of the accounts and £nil for other services (2021: £40). 

## **Note 6                           Paid employees** 

## **6.1 Staff Costs** 

||**This year**|**Last year**|
|---|---|---|
||**£**|**£**|
|<br>Salaries and wages|100,051|92,668|
|<br>Employer’s National Insurance costs|2,479|1,156|
|<br>Pension costs (defined contribution scheme)|13,081|13,320|
|<br>Other benefits|14,661|15,261|
|<br>**Total staff costs**|**130,272**|**122,405**|



No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. 

|**6.2**|**Average**|**head**|**count**|**in**|**the**|**year**||**This year**<br>**Number**||**Last year**<br>**Number**||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Charitable Activities||6||6.3|
||||||||**Total**||**6**||**6.3**|



## **6.3 Pensions** 

The charity operates a defined contribution benefit scheme and contributes to NEST or an alternative scheme of the  staff members' choice. 

## **Note 7                           Grantmaking** 

## **7.1  Analysis of grants paid (included in cost of charitable activities)** 

|**_Total last year_**<br>**Purpose for which grants made**<br>Support of missionary workers<br>Gifts to UK churches and Christian charities<br>Bible College study<br>Overseas charitable projects<br>Support for student ministry<br>Support for individuals in need<br>**_Total this year_**|**Grants to**<br>**institutions**<br>**Grants to**<br>**individuals**<br>**£**<br>**£**<br>16,500<br>5,620<br>10,775<br>-<br>3,044<br>-<br>-<br>6,705<br>1,530                      600<br> - 1,855|
|---|---|
||**31,849                 14,780**|
||**19,573                 19,743**|



There were no costs incurred in grantmaking (2021: £nil). 

## **7.2 Grants made to institutions** 

|**Names of institutions**<br>Reach Beyond<br>European Missionary Fellowship<br>Wycliffe Bible Translators<br>King of Kings Church, South Africa<br>Good News For Everyone<br>Hope4Babies project<br>Gifts of £1,000 or less to 7 organisations<br>**_Total grants to institutions_**<br>**Purpose**<br>Missionary Support<br>Missionary Support<br>Ukraine crisis<br>Bible distribution|**Total amount**<br>**of grants paid**<br>**£**<br>13,500<br>8,750<br>3,000<br>2,025<br>1,199<br>3,375|
|---|---|
||**31,849**|



9 



## **Notes to the accounts (cont)** 

## **Note 8 Debtors and prepayments** 

## **Analysis of debtors** 

|||**This year**|**Last year**|
|---|---|---|---|
|||**£**|**£**|
|**Income Tax recoverable**||25,465|2,686|
|**Prepayments**||6,325|6,953|
||**Total**|**31,790**|**9,639**|
|**Note 9**|**Creditors and accruals**|||
|**Analysis of creditors**||||
|||**Amounts falling due**|**within one year**|
|||**This year**|**Last year**|
|||**£**|**£**|
|**Other creditors**||2,633|-|
|**Social Security and Other Taxation**||1,216|3,982|
|**Accruals**||400|400|
||**Total**|**4,249**|**4,382**|



## **Tangible fixed assets** 

|**Note 10**|**Tangible fix**|**ed assets**|||
|---|---|---|---|---|
|||**Fixtures, fittings**|**Motor vehicles**|**Total**|
|||**and equipment**|||
|||**£**||**£**|
|**10.1 Cost or valuation**|||||
|Balance brought forward||83,337|16,320|99,657|
|Additions||9,306|-|9,306|
|Disposals||-|-|-|
|Balance carried forward||**92,643**|**16,320**|**108,963**|
|**10.2 Accumulated depreciation**|||||
|Balance brought forward||35,145|13,872|49,017|
|Depreciation charge for|year|7,863|1,632|9,495|
|Disposals||-|-|-|
|Balance carried forward||**43,008**|**15,504**|**58,512**|
|**10.3 Net book value**|||||
|Brought forward||48,192|2,448|50,640|
|Carried forward||**49,635**|**816**|**50,451**|



## **Unrestricted and designated funds** 

**Note 11 Unrestricted funds Designated funds** 

||**Fund balances**|**Incoming**|**Outgoing**||**Fund balances**|
|---|---|---|---|---|---|
||**brought forward**|**resources**|**resources**|**Transfers**|**carried forward**|
||**£**|**£**|**£**|**£**|**£**|
|**nds**||||||
|General Fund|84,402|225,617|(245,280)|8,397|**73,136**|
|**ds**||||||
|Building Fund|31,538|-|-|-|**31,538**|
|Ministry Fund|46,909|-|(13,500)|-|**33,409**|
|Minibus Replacement Fund|15,118|-|-||**15,118**|
|**Total Funds**|**177,967**|**225,617**|**(258,780)**|**8,397**|**153,201**|



The designated Building Fund is money set aside by the church from existing funds towards the cost of renovation work at the Waterloo Street site. 

The Ministry fund is designated by the church to be put towards salary costs should the church be unable to cover the full cost from regular income in the short term, as well as funding ministry training costs. 

10 



## **Notes to the accounts (cont)** 

## **Note 12 Endowment and restricted income funds** 

## **12.1 Funds held** 

The church holds no endowment funds. The following are the restricted income funds held by the church: 

## **Fund Name** 

Building Fund Virus Relief Fund Special Collections Ministry Fund Specific Ministries Help Fund Hope4Babies Overseas Workers Support Short Term Mission Fund Church Holiday Support Fund 

## **Purpose and Restrictions** 

To fund the church building project. 

To support those in the congregation in financial need as a result of COVID-19. To assist selected organisations and individuals. To fund church worker costs and ministry training. Gifts given for specific ministries of the church. Ad hoc assistance to individuals in need. In support of the Hope4Babies project in South Africa. Support for individual Christian workers overseas To support short term mission opportunities for church members. To assist individuals in paying church holiday charges. 

## **12.2 Movements of funds** 

||**Fund balances**|**Incoming**|**Outgoing**||**Fund balances**|
|---|---|---|---|---|---|
||**brought forward**|**resources**|**resources**|**Transfers**|**carried forward**|
|**Fund names**|**£**|**£**|**£**|**£**|**£**|
|Building Fund|40,858|56|(5,425)|(8,397)|**27,092**|
|Special Collections|325|10,194|(8,960)||**1,559**|
|Help Fund|10,566|169|(1,700)||**9,035**|
|Ministry Fund|8,735|945|(1,705)||**7,975**|
|Overseas Workers Support|192|6,233|(4,140)||**2,285**|
|Hope4Babies|1,246|3,794|(2,025)||**3,015**|
|Specific Ministries|4,951|125|||**5,076**|
|Virus Relief Fund|3,034||(3,034)||**-**|
|Short Term Mission Fund|3,144|-|-|-|**3,144**|
|Church Holiday Support Fund|944|500|-|-|**1,444**|
|**Total Funds**|**73,995**|**22,016**|**(26,989)**|**(8,397)**|**60,625**|



## **Note 13** 

## **Transfers between funds** 

**From Fund (Name)** Building Fund 

**To Fund (Name) Reason Amount** General Fund Assets purchased 8,397 

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## **Notes to the accounts (cont)** 

## **Note 14 Transactions with trustees and related parties** 

## **14.1 Trustee remuneration and benefits** 

As permitted by the church constitution,trustees James Young and Simon Hook (2021: James Young and Simon Hook) remuneration in their capacity as Pastors. In total this remuneration was as follows: 

||**This year**|**Last year**|
|---|---|---|
||**£**|**£**|
|<br>Stipends|37,087|31,495|
|<br>Pension costs|8,776|9,696|
|<br>Accommodation|14,661|16,322|
|<br>**Total costs**|**60,524**|**57,513**|



## **14.2 Trustee expenses** 

None of the Trustees were paid or reimbursed for expenses relating to their services as trustees during the year. (2021: none) 

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