Trustees Report (for the year 1/9/20 to 31/8/21)
Well Street United Church is a community of Christians in Buckingham, that as a 'local ecumenical partnership' is affiliated to the Baptist, Methodist and United Reformed denominations. Its premises are in Well Street, Buckingham although most services are normally held at the Lace Hill Academy School in Buckingham.
The charitable aims of Well Street United Church, undertaken for public benefit, are unchanged from previous years and are:
-
a. the celebration of public worship
-
b. the teaching of the Christian faith
-
c. mission and evangelism
-
d. pastoral work, including visiting the sick and bereaved
-
e. the provision of facilities with a Christian ethos for the local community including the elderly, the young and other groups with special needs
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f. the support of other charities in the UK and overseas
The church is managed according to a formal constitution and various supporting policies, including a safeguarding policy. All trustees are appointed by the members of the church, who hold quarterly meetings. Except for the minister, trustees are normally appointed for 3-year terms but can be re-elected once. Trustees normally meet every month; they are:
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Rev. Tim Edworthy – Minister (appointed September 2014)
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Margaret Kentish (appointed November 2015, end of 6-year office November 2021)
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Andrew Brazell – Chair of Trustees (appointed November 2016)
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Geoff Morris – Treasurer (appointed November 2017)
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Jenny Boxwell (appointed November 2018, up for re-election November 2021)
-
Jane Butcher (appointed November 2020)
From March 2020 to August 2021, in accordance with government advice due to Covid-19, it was not possible to physically meet together. Instead, Sunday worship, youth and children's work, midweek bible study and all forms of meetings were successfully held online. Various activities started to slowly meet-up again in person from May 2021 onwards. An outdoor Sunday service was held in August and again in September, before indoor worship at Lace Hill Academy fully resumed 12 September onwards. As reported last year, this provided both opportunities and challenges, although overall we are pleased that life of the church and the numbers of persons involved has remained stable with some signs of growth.
Principal sources of funds are regular offerings and gifts from members and friends, gift aid and some support from parent denominations. Main expenditure is on salaries. At least 3 months average expenditure is maintained within the general fund as a reserve. Excess funds are placed on deposit. There are no funds in deficit.
The trustees recognise their legal responsibility under charity law to ensure that WSUC is financially stable. A prudent but deficit budget was agreed and achieved for 2020/21, despite the global pandemic, fully within the reserves policy. Our budget for 2021/22 is reliant on the continuation of regular giving so that we can finance our objectives, which we are confident about.
There are no significant events since the finance year end.
Andrew Brazell
Chair of trustees
3[rd] November 2021
| Contents | |
|---|---|
| Page | |
| AccountingPolicies | 1 |
| Balance Sheet | 2 |
| StatementofFinancialActivities | 3 |
| NotestotheFinancialStatements | 4to12 |
| Treasurer'sStatement | 13 |
| lndependentExaminer'sRePort | 13 |
| Unrestricted | Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2020-21 | 20L9-ZO | |||||
| f | f | E | f | |||||
| r69,061.9C | t53,658.66 | f122,72A.56 | 8L44.1.47.O1. | |||||
| 0.00 | 0.00 | 0.00 | ||||||
| f69,061.9C | f | 53,658.66 |
722.120.56 | f. | 1.44,1.47.41 | |||
| f | 69,061.90 | f | 53,6s8.66 |
f | 122,720.56 | f | 144,1"47.0t | |
| 537.36 | ||||||||
| f | 69,061.90 | f | s3,6s8.66 |
f | 122,720.56 | f | 743.609.65 | |
| 15 | 32,574.46 | 0.00 | f | 32,570.46 | 54,030.29 | |||
| 1"6 | 36,491.44 | 0.00 | t | 36,491..44 | 35,441.32 | |||
| 537.36 | ||||||||
| 61,358.57 | 0.00 | r | b1,555.5/ | 80,353.17 | ||||
| 5,746.79 | 0,0c | E | 5,146.79 |
5,981.79 | ||||
| -0.01 | 0.0c | -f | 0.01 | 725.24 | ||||
| 1",778.O5 | 0.0c | f | 7,778.0s | 2,095.55 | ||||
| 778.50 | 0.0c | f | 778.50 | 778.s0 | ||||
| 7,74333 | 0.00 | f. | 7,7A333 |
€ | 9,581.08 |
|||
| 1 | ||||||||
| 0.00 | 5781.52 | 5,781-.52 | 5,864.02 | |||||
| 0.00 | 47,877.14 | 47,877.t4 | 47,8Lr.38 | |||||
| 0.00 | 53,558.66 | 53,658.66 | 53,675.40 | |||||
| € | 69,061.90 | f | 53,658.66 |
f | 122,720.56 | f | 143,609.65 |
| Receipts Note Giving/GiftAid 2 MissionFund/Donations3 Property 4 Grants 5 BanklCFB DepositAccounts6 |
Receipts Note Giving/GiftAid 2 MissionFund/Donations3 Property 4 Grants 5 BanklCFB DepositAccounts6 |
Unrestricted General E 87,885.29 8,812.50 s0.00 4,000.00 3.20 |
Unrestricted General E 87,885.29 8,812.50 s0.00 4,000.00 3.20 |
Funds Reserves f 0"00 0.00 0.00 0.00 50.1.2 |
Restricted Funds f 0.00 0.00 0.00 0.00 65.76 |
Total 202A-21 f 87,885.29 8,812.s0 50.00 4,000.00 119.08 |
Total 20t9-20 f 86,533.62 16,922.19 890.00 5,209.O0 617.67 |
||
|---|---|---|---|---|---|---|---|---|---|
| Miscellaneous TotalReceipts |
7 | t_ | 1"1.,470.43 172,221.42 |
f | 0.00 s0.12 |
f | 0.00 65.76 |
11.,470.43 E112,3373A |
11,481.9s f72t,654.43 |
| Payments | |||||||||
| Assessments | o | 58,973.04 | 0.00 | 0.00 | 58,973.04 | 54,285.57 | |||
| Property | 9 | 11,419.00 | 0.00 | 0.00 | 11,418.00 | 7,596.68 | |||
| Worship/Mission | 10 | 1"7,933.84 | 0.00 | 0.00 | 17,933.94 | 24,141.36 | |||
| Administration/Trainingetc | 1,t | 75,69CI.97 | 0.00 | 0.00 | 1"5,690.97 | 1_4,979.O4 | |||
| Young People | 72 | 13,243.17 | 0.00 | 0.00 | 13,243.77 | 11,s06.69 | |||
| Miscellaneous | 13 | 15,345.A7 | 0.00 | 82.50 | 75,427.57 | 10,597.93 | |||
| Sub-Total | f | 132,604.09 | f | f | 82.50 |
f132,586.59 | f123,A47.11 | ||
| AssetPurchases | L4 | 539.80 | 0.00 | 0.00 | 539.80 | 699.00 | |||
| TotalPayments | f | 133,143.89 | f | f | 82.50 |
t133,226.39 | f123,746.13. | ||
| NetReceipts/(Payments) | 922.47 | 50.72 | -L6.74 | 09 | -2,OgL.68 | ||||
| Nettransfersbetween funds | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| Total fundsb/fwdat1September2020 | 2.93 | 36,441,.32 | ,675.4A | .65 | |||||
| Total fundsc/fwdat31August2021 | f3 | .461 | t | 1..44 | f. | 558.66 |
| ustZAZL | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | 2420-2r | 2019-20 | ||
| f | f | € | f | ||
| Collections | 63,854.00 | 0.00 | 63,854.00 | 65,662.58 | |
| GiftAid | 18,448.29 | 0.00 | 18,448.29 | 17,457.44 | |
| lndividual donations | 3,023.00 | 0.0c | 3,023.00 | L,654.00 | |
| Youth Ministry | 2,560.00 | 0.00 | 2,560.00 | 1,760.00 | |
| 87,88s.29 | 0.00 | 87,885.29 | 86,533.62 | ||
| ShortTermMissionfund | 8,792.5A | 0.00 | 8,792.5A | 11.r.98.50 | |
| CareFund | 20.04 | 0.00 | 20.00 | 5,000.00 | |
| Donations/Appeals | 0.00 | 0.00 | 0.00 | 723.69 | |
| Donation(Property) | 0.00 | 0.00 | 0.00 | 0.00 | |
| f | 8,812.50 | f | 8,812.50 | 16,922.19 | |
| HireofHalls | 50.0c | 0.00 | 50.00 | 890.0c | |
| f | s0.00 | t | 50.00 | 890.00 | |
| URC -Youth Worker Support Methodist-youthworker support |
f € |
2,000.00 2,000.00 |
f | 2,000.00 f 2,000.00 f |
2,500.00 2,500.00 |
| WREN- Kitchen Project | € | 0.00 f | |||
| Waitrose-Childrens Event | € | 0.00 f | 209.00 | ||
| f | 4,000.00 | f | 4,000.00 f | 5,209.00 |
| us | ||||||
|---|---|---|---|---|---|---|
| TraidcraftStall | 18L.75 | 0.00 | 181.75 | 1,564.60 | ||
| FirstSteps | 0.00 | 0.00 | 0.00 | 364.O0 | ||
| Children'sWork | 255.29 | 0.00 | 255.29 | 30.11 | ||
| Youth activities | 89.00 | 0.0c | 89.00 | 381.25 | ||
| Sunday Lunches(2) | 0.00 | 0.0c | 0.00 | 244.04 | ||
| NetworkLunches | 0.00 | 0.00 | 0.00 | 273.36 | ||
| Photocopying | 765.25 | 0.00 | 765.25 | 271.62 | ||
| Pension Fundtopup contributions | 10,000.00 | 0.00 | 10,000.00 | 7,000.00 | ||
| OtherReceipts/sundries | 179.L4 | 0.00 | t79.L4 | 1,353.01 | ||
| f | L1,410.43 | f | 17,470.43 | 11,481.95 | ||
| ts | E | 112,271..541 | f | 6s.76lf | 1,1,2,337.301f | 1.2 |
| statementof vities(continued) 1August2O2L |
||||||||
|---|---|---|---|---|---|---|---|---|
| s | Unrestricted Funds f |
Restricted Funds f |
Total I zo2a-21 rl€. |
fotal 2019-20 |
||||
| Methodist Circuit | 22,199.08 | 0.00 | 22,L99.O8 | 2L,887.28 | ||||
| MinistersStipend | 34,ssz.62 | 0.00 | 34,552.62 | 30,032.13 | ||||
| UnitedReformedChurch(M&M)(1) | 1,080.00 | 0.00 | 1,080.00 | 1,080.00 | ||||
| Baptist Union(admin) | 1.91.34 | 0.00 | 191..34 | 296.10 | ||||
| Baptist UnionHome Mission(1) | 950.00 | 0.00 | 950.00 | 950.00 | ||||
| ChurchesTogether inBuckingham | 0.00 | 0.00 | 40.00 | |||||
| f | 58,973.04 |
f | 58.973.O4 | f | 54,285.51. | |||
| Church Building | 7,364.49 | 0.00 | 7,364.49 | 3,042.98 | ||||
| ChurchKitchenProject | 0.00 | 0"00 | 0.00 | 0.00 | ||||
| lnsurance/Utilities | 4,053.51 | 0.00 | 4,053"51 | 4,553.70 | ||||
| f | 11,418.00 |
f | t | 11,418.00 | f | 7,596.68 | ||
| ssion | ||||||||
| MissionGiving (9a, 9b) | 6,750.00 | 0.00 | 6.750.00 | 6,050.00 | ||||
| ShortTerm MissionFund | 9,110.00 | 0.00 | 9,110.00 | 12,30s.00 | ||||
| Appeals/Donations/Gifts(9c, 9d) | 0.00 | 0.00 | 0.00 | 777.78 | ||||
| CareFund | 605.00 | 0.00 | 505.00 | 50.00 | ||||
| Rent | 37.5A | 0.00 | 37.50 | 3,690.00 | ||||
| ChristmasLunch/SummerTea | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| HouseGroups/Outreach | 139.69 | 0.00 | 139.69 | 347.2s | ||||
| Sound and Vislon | L,297.65 | 0.00 | 1,297.65 | 933.33 | ||||
| f | 17,933.84 |
f | f | 17,933.84 | f. | 24,147.36 | ||
| on/Training | ||||||||
| ChurchOffice Co-ordinator | 11,860.55 | 0.00 | 11,860.55 | t]-,275.44 | ||||
| Printing/Officesupplies | L,288.78 | 0.00 | 7,288.78 | 1,679.28 | ||||
| Leaseof Photo-Copier | 1.,153.44 | 0.00 | 7,L53.44 | 7,753.44 | ||||
| Communications | 679.OO | 0.00 | 679.00 | 810.88 | ||||
| Elders/Stewards/Tra ining |
709.20 | 0.00 | 709.20 | 0.00 | ||||
| f | 1.5,69A.97 |
f | f | 1.5,690.97 | f. | 1.4,919.04 |
| Unrestricted Funds g. |
Restricted Funds f |
Total I 202A-21 rlr |
Total I 202A-21 rlr |
rotat 20L9-2CI |
|---|---|---|---|---|
| '1L,896.74 | 0.00 | 17,896.14 | 9,656.13 | |
| 779.84 | 0.00 | 779.84 | 706.64 | |
| 567.19 | 0.00 | 567.79 | 1,L43.92 | |
| f.13,243.L7 | € | f"13,243.17 | f | 11.506.59 |
| us |
|||||||
|---|---|---|---|---|---|---|---|
| Hospitality/PastoralTeam | 333.82 | 0.00 | 333.82 | 378.52 | |||
| FirstSteps | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Traidcraftstall | 907.00 | 0.00 | 907.00 | 1,057.30 | |||
| Livestream expenses | 337.37 | 0.00 | 337.37 | 0.00 | |||
| RenewCaf6 | s31.99 | 0.00 | 531.99 | 0.00 | |||
| Minister'sExpenses | 0.00 | 0.00 | 0.00 | 210.00 | |||
| Bank Charges | 102.83 | 0.00 | 102.83 | 210.59 | |||
| Pension Fundtopupcontributions | 10,000.00 | 0.00 | 10,000.CI0 | 7,000.00 | |||
| Sundries | 2,430.06 | 2,430.06 | L,O21.42 | ||||
| Accounts lnspection | 702,00 | 0.00 | 702.00 | 702.OO | |||
| f | 15,345.07 | f | f | 15,345.07 f | 10,s19.83 | ||
| ses | |||||||
| Plant& Equipment | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Fixtures&Fittings | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Computer Equipment | 539.80 | 0.00 | 539.80 | 599.00 | |||
| f | s39.80 | f | € | s39.80 f | 699.00 | ||
| nts | f | 133,143.89If | f | 133,143.891f | 1.2 |
| Thechurch operatesthreebank accountswithLloy | ds | |
|---|---|---|
| BBF | ||
| 2AL9-20 | 2020-2L | |
| f | E | |
| LioydsBusiness30 daya/c | 44,1.22.1-5 | 25,264.64 |
| LloydsBusinesslnstant a/c | 9,558.14 | 6,795.86 |
| No2alc | 3s0.00 | s10.00 |
| Balancec/fwdat31August2021 | 54,03A.29 | 32,574.45 |
| UnrestrictedFunds-Reserves-CFBDeposit Accou Thechurch operatesaCentralFinance Boardofthe foritsGeneralReserves. |
nt MethodistChurch(CFB)Depo |
sitAccount |
|---|---|---|
| CFB | Total | |
| 2020-2L | ||
| f | f | |
| Balanceb/fwd1September2020 | 36,441.32 | 0.00 |
| TransfertoCFBDeposita/c | 0.00 | 0.00 |
| Interest | 50.12 | 0.00 |
| Sub-total | 36,49L.44 | 0.00 |
| TransfertoGeneralFund | 0.00 | 0.00 |
| Balancec/fwdat3tAugust2021 | 36,497.44 |
| NewBldg | Total | ||
|---|---|---|---|
| Fund | 2A2A-21 | ||
| E | c. | ||
| Balancesb/fwdat1September2020 | 53,575.40 | ||
| Gifts/Donations/FundRaising | 0.00 | ||
| Interest | 65.76 | ||
| 5ub-total | 53,74L.L6 | 53,741.L6 | |
| Bankcharges Balancesc/fwdat31August2021 |
f"s3,747.16 | f | 82.50 53,658.56 |
| Moneyraisedtomakegrantstoindividuals tosupport. |
andChri | stianorganis | ati | ons,which th | eC | hurch wishe |
|---|---|---|---|---|---|---|
| Receipts | Payments | Total | ||||
| ?.020-21 | ||||||
| f | € | f | ||||
| Balanceb/fwdat1September2020 | 2,095.55 | 2,095.55 | ||||
| DonationsforEmmaP-Car | 500.00 | 500.00 | ||||
| Donatio ns/Sponsorship | 7,1s0.00 | 7,150.00 | ||||
| GiftAidon donationsreceived | L,142.5A | 1.,L42.50 | ||||
| Sub-total | 10,888.05 | 10,888.05 | ||||
| Grant-Emma Podmore | 8,450.00 | |||||
| Grant -EmmaPodmore- Car | 660.00 | |||||
| Balancec/fwdat31August2021 | f | 10,888.05 | f | 9,110.00 |
f | 1",778.A5 |
| need brought totheir attention. | ||||||
|---|---|---|---|---|---|---|
| Receipts | Payments | Total | ||||
| 2020-21 | ||||||
| f | € | € | ||||
| Balanceblfwdat1September2020 | 5,981.79 | 5,981.79 | ||||
| Donations | 20.00 | 20.00 | ||||
| GiftAid | 0.00 | 0.00 | ||||
| 5ub-total | 6,00t.79 | 6,001..79 | ||||
| Grants | 855.00 | |||||
| Transfertogeneralfund | 0.00 | |||||
| Balancec/fwdat31August2021 | E | 6,AOL79 |
f | 855.00 |
E | 5,146.79 |
| (c)Community Project FundRaising | ||||||
| Fundsraisedtowardsfutureprojectsforcommu | benefits | |||||
| Receipts | Payments | Total | ||||
| 2020-zt | ||||||
| f | f | f | ||||
| Balancebfwdat1September2020 | 778.50 | |||||
| Sunday LunchDonations | 0.00 | |||||
| Sub-total | 778.50 | |||||
| Sunday LunchExpenses | 0.00 | |||||
| Balancecfwdat3lAugust2021 | f | 778.50 | f | f | 778.5A |
| Yea | rend | ing31August2021- | |||
|---|---|---|---|---|---|
| Note | 9 | Mission Giving | f | ||
| {a}Denominations | |||||
| URCSynod | 1.080.00 | ||||
| UnitedReformed Church -CommitmentforLife | 9s0.00 | ||||
| Baptist Union-BMSWorldMission | 950.00 | ||||
| BaptistHome Mission | 9s0.00 | ||||
| MethodistChurch-AllWeCan | 750.00 | ||||
| MethodistHomes Association (MHA) | 400.00 | ||||
| Sub-total | 5,080.00 | ||||
| (b) Others | |||||
| EmmaPodmore {ReveiationLife} | 1,200.00 | ||||
| Mission AviationFellowship | 500,00 | ||||
| Buckingham Churches Holiday Club | 300.00 | ||||
| Toybox | 250.00 | ||||
| AssociationforChristians againsttorture | 250.00 | ||||
| Project StreetLife | 250.00 | ||||
| ScriptureUnion | 250.00 | ||||
| Urban Saints (Crusaders) | (Donationfromt9/20j | 250.00 | |||
| Urban Saints (Crusaders) | 250.00 | ||||
| PracticalAction | (Donationfrom1,9/20) | 100.00 | |||
| PracticalAction | 100.00 | ||||
| Sub-total | € | 3,700.00 | |||
| TOTAL | f___q,?80.99 | ||||
| Note | 9 | {c)Appeals/Donations/GiftstoNon-Methodist | Organisations/lndividuals | € | |
| None | 0.00 | ||||
| Sub-total | |||||
| (d)Appeals/Donations/GiftstoMethodistOrganisations | |||||
| None | |||||
| Sub-total | |||||
| TOTAL | f | ||||
| Note | 12 | Miscellaneous-OtherPayments{Exceedingfl00) | f | ||
| Additional paymentstopensionfunds | 10,000.00 | ||||
| Others(<f100) | |||||
| TOTAT | __10,000.99- |
| Activity | 2020-2L | |||
|---|---|---|---|---|
| f | f | f | € | |
| BBF | Receipts | Payments | Surplus/Deficit | |
| MethodistNetworkLunchClub | 273.36 | 0,00 | 0.00 | 273.36 |
| Traidcraft | 725.24 | 181.75 | 907.00 | -0.01 |
| Notesto the statementof FinancialActivities(continued) Yearending31August.}AZL |
|
|---|---|
| Assetsretained for thecharity'sownuse | Current Value |
| f | |
| 5,rrplr,r/D"fi.it | |
| GuestPC(Church Office) | 400.00 |
| SoundDesklaptop -Lenovo G50-45 | 300.00 |
| SoundDesk- nine-input scaler/switcher | 2,400.04 |
| Consolemixer | 600.00 |
| DVDPlayer | 30.00 |
| Monitor | 120.00 |
| Monitor | 120.00 |
| 500.00 | |
| Portable Baptistry | 2,000.00 |
| Lectern | 1,000.00 |
| Communionconsole | 2,000"00 |
| Yamaha Keyboard | 2,000.00 |
| Keyboardfiightcase | 200.00 |
| Subwoofer | 1,500.00 |
| FoldBackspeaker | 1s0.00 |
| Monitor | 120.00 |
| Perspex Lectern | ss0.00 |
| Bekounder counter freezer | 234.44 |
| Bekofridge | 155.00 |
| ClasseqD400dishwasher | 2,220.O0 |
| Stainless steelworktops | 7,654.00 |
| LenovodesktopPC(Sanctuary) | 380.00 |
| LenovoLaptop(ForYouth Worker) | 500.00 |
| LenovoLaptop(ForAdministrator) | 699.00 |
| SamsungMobile phone | 169.00 |
| MagicBoxsplitter | 370.00 |
| Total | f26,871.OO |
Well Street Unlted Church Flnandal statements year ended 31 Au8USt 2021 Declaratlons Treasurers statement I have prepared the linancial 5ratem•nts on I to 13 lor1 ye•rWlr% 31 Aui¢J5t 2021 P4ame Géoff Morris 114DEPENDENT EYAM114ER'S AEPORT I report on the linancK415t•t¢m¢nts olwell Street Unlted Churth lor end1 31 A¥Ltst 1021 whlch are sd out on pages I to 13. R•spOnbl•l •nd of r•port I report ro iht trustee5 on rny examSnidoft oltr •¢¥$01 abov• rharlty llhE Tru5fl fort year •nd•d 31st JJyst 2021. As tr¢h•r#y'strust¢s you Irt Fe5ponwble lor wow•tloTh ol tht aC¢OUnty kn Kcwd•rKtwlth t r•gu+rem•nts of the Ch•rltl¢sA¢i 20111"IheA¢¢'i. I r•port In respett of my ex•fflln•tJon of th• Twsi's•c¢ourrti urrl•d +>Jt und•r sectlon 145 of the 2011 A¢1 ond in carryini out rny exam1nain, I hive follty•d 411 •pplkoblt l)Ir•rtkns tr+fth• Ch•rlty CommlssloTr uhder settn 14515llbl of the kl. Indeymd•nt EMrnln•t's st¢•m•At I h•ve £ornpleted rny •x•minalion. I ionflvrn thl M mot•rlal matters hw• ¢ome to my •tt•ntlon In conneaion with the e¥arnlft•iknn whlth ¢Ws m•c•us• 19 b•lle¥• th•t In, •ny m•ierl•l re5Wrt: Th• •c¢ountlni reeords were noi kern In xcord•newlth se¢i* IXI ol th• Ch•rltlts Ac¢.. or The èctounts dld accord wlth the KCOLsfbtlni fecords. I h•ve nc concerns and ha¥t ¢ome •<w other In connectlon wlth the examlnatlon to whkh attentbn Should be drawn In this reptyt Irb ordtr toen•ble • proper undef5tsndi of the •crtyJnts to b re•ch•d 51IN•d by ifvdépendent Éxamlner Narne ond Jlldress ol the Independent Ex•mlfttr.' Is Chartefed Certified Ac¢ow#w Moreton House 31 High Str8el Buckiryham raven Ltd.