| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | I | to | 3 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial Statements | 7 | to | 11 | |
| Detailed Statement ofFinancial Activities | 12 | to | 13 |
| Statement | of 'nancial nded 5 |
ctivities il 2022 |
|||||
|---|---|---|---|---|---|---|---|
| 5.4.22 | 5.4.21 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | 8 | ||||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 73,845 | 73,845 | 48,787 | |||
| Charitable | activities | ||||||
| Networking | 7,945 | 7,945 | 12,015 | ||||
| Total | 81,790 | 81,790 | 60,802 | ||||
| EXPENDITURE ON | |||||||
| Charitable | activities | ||||||
| Pastoral and Ministry | 13,754 | 13,754 | 12,185 | ||||
| Networking | 48,930 | 48,930 | 40,890 | ||||
| Total | 62,684 | 62,684 | 53,075 | ||||
| NET INCOME | 19,106 | 19,106 | 7,727 | ||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 93,402 | 93,402 | 85,675 | |||
| TOTAL FUNDS CARRIED FORWARD | 112,508 | 112,508 | 93,402 |
| Balance Sheet | |||
|---|---|---|---|
| 5.4.22 | 5.4.21 | ||
| Notes | |||
| CURRENT ASSETS | |||
| Prepayments and accrued income |
14,060 | 508 | |
| Cash at bank | 98,948 | 93,394 | |
| 113,008 | 93,902 | ||
| CREDITORS | |||
| Amounts falling due within one year |
(500) | (500) | |
| NET CURRENT ASSETS | 112,508 | 93,402 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 112,508 | 93,402 | |
| NET ASSETS | 112,508 | 93,402 | |
| FUNDS | |||
| Unrestricted funds |
112,508 | 93,402 | |
| TOTAL FUNDS | 112,508 | 93,402 |
| TRUSTE | ES' REM | UNERATION AND BENEFITS |
||
|---|---|---|---|---|
| 5.4.22 | 5.4.21 | |||
| Trustees' | salaries | 21,345 | 20,563 | |
| Trustees' | pensions | paid | 449 | 946 |
| 21,794 | 21,509 | |||
| Trustees' | expenses | |||
| 5.4.22 | 5.4.21 | |||
| Trustees' | expenses | 169 |
| 5.4.22 | 5.4.21 | |||||
|---|---|---|---|---|---|---|
| Administration | 1 | 1 | ||||
| No employees received emoluments |
in excess off60,000. | |||||
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | ||||
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
48,787 | 48,787 | ||||
| Charitable activities |
||||||
| Networking | 12,015 | 12,015 | ||||
| Total | 60,802 | 60,802 | ||||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Pastoral and Ministry | 12,185 | 12,185 | ||||
| Networking | 40,890 | 40,890 | ||||
| Total | 53,075 | 53,075 | ||||
| NET INCOME | 7,727 | 7727 | ||||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 85,675 | 85,675 | |||
| TOTAL FUNDS CARRIED FORWARD | 93,402 | 93,402 |
| CREDITORS: AMOUNTS FALLIN | G DUE WITHIN ONE YE | AR | ||
|---|---|---|---|---|
| 5.4.22 | 5.4.21 | |||
| Accruals and deferred income | 500 | 500 | ||
| ANALYSIS OF NET ASSETSBETWEEN FUNDS | ||||
| 5.4.22 | 5.4.21 | |||
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| Current assets | 113,008 | 113,008 | 93,902 | |
| Current liabilities | (500) | (500) | (500) | |
| 112,508 | 112,508 | 93,402 | ||
| MOVEMENT IN FUNDS | ||||
| Net | Transfers | |||
| movement | between | At | ||
| At 6.4.21 | in funds | funds | 5.4.22 | |
| Unrestricted funds |
||||
| General fund | 4,818 | 9,622 | 10,662 | 25,102 |
| Next Generation | 43,862 | (3,957) | (20,000) | 19,905 |
| Together 2020 | 7,941 | 16,347 | 24,288 | |
| Love Wolverhampton | 60 | (20) | 40 | |
| Love Dudley | 5,793 | (1,878) | 447 | 4,362 |
| Love Sandwell | 11,718 | 622 | 2,575 | 14,915 |
| Love Walsall | 18,953 | (2,575) | 2,500 | 18,878 |
| Theology Network | 257 | 199 | (456) | |
| Chapel prlnises | (245) | 4,272 | 4,027 | |
| Gender Conference | 991 | 991 | ||
| 93,402 | 19,106 | 112,508 | ||
| TOTAL FUNDS | 93,402 | 19,106 | 112,508 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 49,162 | (39,540) | 9,622 |
| Next Generation | 1,758 | (5,715) | (3,957) |
| Together2020 | 19,367 | (3,020) | 16,347 |
| Love Wolverhampton | (20) | (20) | |
| Love Dudley | 1,260 | (3,138) | (1,878) |
| Love Sandwell | 1,515 | (893) | 622 |
| Love Walsall | 5,000 | (7,575) | (2,575) |
| Theology Network | 209 | (10) | 199 |
| Chapel premises | (245) | (245) | |
| Gender Conference | 3,519 | (2,528) | 991 |
| 81,790 | (62,684) | 19,106 | |
| TOTAL FUNDS | 81,790 | (62,684) | 19,106 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 6.4.20 | in funds | funds | 5.4.21 | ||
| E | |||||
| Unrestricted | fuads | ||||
| General fund | 42,241 | (899) | (36,524) | 4,818 | |
| Next Generation | 36,674 | 7,188 | 43,862 | ||
| Together 2020 | 6,760 | 1,181 | 7,941 | ||
| Love Wolverhampton | 60 | 60 | |||
| Love Dudley | 5,793 | 5,793 | |||
| Love Sandwell | 11,718 | 11,718 | |||
| Love Walsall | 18,953 | 18,953 | |||
| Theology Network | 257 | 257 | |||
| 85,675 | 7,727 | 93,402 | |||
| TOTAL FUNDS | 85,675 | 7,727 | 93,402 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources f |
expended | in funds | |
| Unrestricted funds |
|||
| General fund | 39,863 | (40,762) | (899) |
| Next Generation | 19,373 | (12,185) | 7,188 |
| Together 2020 | 1,308 | (127) | 1,181 |
| Theology Network | 258 | (1) | 257 |
| 60,802 | (53,075) | 7,727 | |
| TOTAL FUNDS | 60,802 | (53,075) | 7,727 |
| Detailed Statement ofFinancial Activities | ||
|---|---|---|
| fr n |
||
| 5.4.22 | 5.4.21 | |
| 8 | ||
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
||
| Donations | 66,320 | 42,680 |
| Gift aid | 7,525 | 6,107 |
| 73,845 | 48,787 | |
| Charitable activities |
||
| Breakfast meetings | 2,100 | (70) |
| Retreats | 1,045 | |
| Other receipts | 4,800 | 2,085 |
| Covid 19Support Grant | 10,000 | |
| 7,945 | 12,015 | |
| Total incoming resources | 81,790 | 60,802 |
| EXPENDITURE | ||
| Charitable activities |
||
| Trustees' salaries | 21,345 | 20,563 |
| Trustees' pensions paid | 449 | 946 |
| Trustees' expenses |
169 | |
| IT Support | 1,469 | 461 |
| Insurance | 1,102 | |
| Advertising &marketing |
180 | |
| Events | 6,240 | 1,823 |
| Retreats | 1,100 | |
| Equipment | 5,973 | 1,424 |
| Next Generation Coordinator |
5,415 | 11,908 |
| Consultancy | 842 | 4,744 |
| Next Generation Champions |
8,039 | |
| Breakfast meeting costs | 3,608 | |
| As One Project costs | 2,523 | |
| Gills incl. visiting speakers | 2,073 | 5,597 |
| 59,425 | 48,568 | |
| Support costs | ||
| Management | ||
| Postage and stationery | 5 | |
| Membership and subscriptions |
929 | 951 |
| 929 | 956 |
| ment ofFinancial Activities | ment ofFinancial Activities | ||
|---|---|---|---|
| rthe Ended 5 A ril 2022 |
|||
| 5.4.22 | 5.4.21 | ||
| Managenient | |||
| Finance | |||
| Bank charges | 279 | 78 | |
| Inforination | technology | ||
| Software and | web hosting | 15 | 1,447 |
| Governance | costs | ||
| Accountancy | and legal fees | 2,036 | 2,026 |
| Total resources | expended | 62,684 | 53,075 |
| Net income | 19,106 | 7727 |