REGISTERED CHARITY NUMBER 1147432 sr. ANDREW'S CHURCH. BENfLEY JIST DECEMBER 2023 CONTENTS Trust¢¢s' a[￿U￿1 report Independent examiner's report to the trustees. Statement of financial actiiryties Balance she& Notes to the accounts ST. ANDREWJS CHURCH, BEI￿LEy TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2011 The truste¢s pr¢sent their atmual report and financial statements of the Charity for the year ended 31st December 2023. The financial stateme1￿ hav¢ be¢n prepared in accordance WAth the accounting y)licies set out in note I to the accounts and ¢ornply with the Charities Aci 2011 and the Statement of Recommended Practice: Accounting and Reporting by Chwiti¢s published in 2005. REFERENCE Al￿ ADMINISTRATION DETAILS Registered Charity Number 1147432 Pr1r￿lpIc Address: 329 Wolv•hampton Road W¢8t Willenhall West Midlands WV13 2RL Date of re£tstr*tloD: 24th May 2012 Trustees are as itated below: Church Coun¢ll Bithop Paul Hunt Mr Edward Critch Mrs June Critch Reverend Mark Spiers Mr8 Deanne Yarnall Cburchwardens Miss Elizabeth Garratt Mr Daniel Booth Delegates Mr Matthew Spiers RevereDd Hellry Birtl¢y (appotnt¢d 23 March 2023) Altsrnite Deleg*te Mrs Dertise Bxrtley (appointed 23 March 2023) Governing doeument: Constitution adopt¢d 20th February 2012 Compgny B*Dkers: HSBC Bank Pl¢ Market Pl￿e Willuwhall West Midlands WV13 2AA Indep•dent e￿MIller. Christopher Hession C.A. BK Plus Limit Azzurti House Walsall Road AldrAdg¢ WS9 ORB ST. ANDREW'S CHURCH, BENTLEY TRUSTEES, ANNUAL REPORT (cO￿lNUED) OWECTIVES ANJ D ACTIVITIES St. Andrew's Church is committed to the advamcem¢at of the Christiati faith in union with and ac&)rding lo the principles and practices of the Fr¢¢ Church of England. otherwise called th¢ Refornied Episcopal Church contained within the Dedarntion of Principle8 as ststed iti Schedule l. In planning our activities for the ye￿. SL Andrew's Church bave considered the Charity Commission's guidance on public benefit and, in parttcular, the specific guidance on ch￿ItIeS for th¢ advaft¢em¢nt of religion. In particular, we ty to enable people to liv¢ out their faith as part of our parish community thTougb: Worship and prayer> Encouragillg faith commitment, Assisting adherents io dev¢lop Cbristian virtues and helpiag to ¢ondu¢t themselves in a socially tesponsible w&y in wider s(Ki¢ty. Maintaining communion with all ChrI￿lan Churches, Contribution to ihe spiritual and moral education of children and yowig people by organising Sunday schools and similar groups {in¢luding unifornied organisations affiliated to Dational bodies), Holding prnyer Methin￿ le¢ture8 and s￿ClaI 8¢rvices to mark Christian festivals and civi¢ occasions, AMn￿ll8 fithclions. open days, meals alld entertaiDment to which member8 of the g¢ner81 publi¢ or¢ invite4 Providing Comfort to elderlyj housebound. sick and bereaved people, Providing and distributing literature 81ong with maintaining a w¢bsite to enlighten others about the Chrlstian faith. To facilitste this worL it is important that we maTnt*in the fabric of St. Andrew's Church. ACH￿VEME1￿rS AND PERFORMANCE chU￿b statisd¢s 62 (2022- 62) 72 (2022- 72) 770 (2022- 667) (2022- 9) (2022 - 1) (2022- 26) (2022- 4) (2022- 2) (2022- 0) Memberships Communion Services Communicated B#ptisms Confirniations Funerals Ashes Weddings Vows renewed 28 GOING CONCERN Th¢ tsIK8tee$ Continue to evaluate th¢ ¢haritys ability to continue to operate on an ongoing and fores¢eable basis. At the lime of upproving the financial stslements they have a r¢asonable exFrttation that the Charity hes ad¢qu2te resowces io continue in operational existence for the for¢seeable future. Thus the TnJste¢$ continue to adopt th¢ going ¢ooc¢m basis of accounting in prepaTing the Trnsttts annual report. ST. ANDREW'S CHURCFL BENTLEY TRUSTEES) ANNUAL REPORT {CONTINUED} OWECTtVES AND ACTIVITIES (cof4TINUED) RESERVES POLICY The Tntstees have revièwed the reserves of charity. Their r￿J¢W included a consideration of the nattw¢ of the incom¢ and expenditur¢ streatas, the requirement to match variable illCOULC with fixed conllnitsnents and consideration of the nature of the r¢serves. As A result of ¢bis review, it was wllcluded that in order to allow the cbarity ¢0 be nwiag¢d ¢fficieDtly and to ensure sufficient resetves were avaijable to provide unintemipted services, 2 unrestri¢ted ittcome fund equivalent to at ltrdst 20Tr/0 of the charity's management and a(hninistration expenses $I￿Uld be maintained. ID addition, amounts are to bc s¢t aside. out of this fund, in order to ¢nsure fund5 are avatlable ftir specific expenditure envisaged in the n¢xt finatLcial year as appropriate. REVIEW OF ACTIVITIES AND FINANCLAL POSITION The totsl income, including investment income of £245 (2022- £25). was £111,156 (2022- £77,706). The total resources expellde￿ We￿ £126.678 (2022 - £86,929). The statem¢ttt of fjnancial activities. whi¢b is shown on page 7 of the a¢¢ounts, sum￿￿ th¢ charity's incoming resouw¢5 aDd how their rcsources have been ¢xpende4L An analysis of the clthrity's incomillg r¢sources are sho￿￿ on pages 10 and I l of the accounts. An analysis of ¢he charity's resource5 expellded are showll on pages 11. 12 and 13 of the accounts. The ¢harity'S total reserves at 31st Dember 2023 are £366.483 (2022 - £382,￿5). being a SUTplus of unrestricted incom¢ funds of £361.169 (2022 - £376,691) and a surplus of restricted capitsl funds of £5.314 {2022 - £5.314). DECLARATION The truslee5' declare ihat th¢y have approved the Tn￿tees, Rep)rt above. Signed on behall ol the Chlrity's ¢rustees Bishop P.N. Hunt Date.. 1-7.14 ST. ANDREWYS CHURCI4 BENTLEY INDEPENDENT EXAMINERgS REPORT TO THE TRUSTEES. OF ST. ANDREW'S CHURCH, BENTLEY I report to the TTUStees on my examination of the fmancia] ststements of St. Alldrew's Church for the y ended 31st December 2023. REsPONsIBILI￿Es AND BASIS OF REPORT AS th¢ t￿￿tee$ of the charity you ar¢ r¢sponsible for the preparation of th¢ finarti81 statements. Having satisfied myself that the financial statements of the charity are not r￿Uired to be audit¢d UDder Section 145 of the CtrLar&tie5 Act 2011 (the 2011 Aci) and are elig]￿le for independent exalni￿On, I rq)ort in resp¢¢t of my examinalion of the charity's financial statements caTried out under 145 of the Charities Act 2011. In carrying out my examination I hav¢ followed all the applicabl¢ dir¢ctions given by the Cbarity Commission under section 145(5)(b) ofthe 2011 Act. INDEPENDENT ExAl￿ER's STATEMEwr I have completed my exami[￿tion. I Confi￿ that no matters have come to my attetttion in cOnn￿tiOn with the examination wing me ¢ause to believe that in any mat¢ri81 respect: l. the accowiting reci)rds t)ot kept in respect of the charity as required by $￿tIOn 130 of the Chorities Act. or 2. the financial ststements do not a¢¢ord with th0￿ ￿ords. or 3. the financial statements do not wnply with the a¢¢ounting requirements of the ChaTiti¢8 Act" or 4. the financial st&t¢ments have aot been prepared in accordance with th¢ methods and principles of the Statement of Recommended Practice for accounting and reportin8 by charities applieable to Charities preparing their accounts in accordan¢e with the Financial Reporting Standard applicable in the UK 8nd Republic of Ireland (FRS102). I have no con¢erns and have com¢ aoross no other ll￿tters in connectioj) with the examination to whi¢h uld drawn in this r¢p(fft in orderto enable a proper utthtanding of the a￿unIS to b¢ reached. Chrtst esslon CA (llldepend¢nt E59miner) BK Plus Limlted Azzurrf Holl5e, Wals#ll Road, Aldridge WS9 ORB Dydte: 1£. lo.i ST. Ai¥DREW'S CHURCH, BENTLEY STATEMENT OF FINANCIAL ACTIVTTIES FOR THE YEAR ENDED 31ST DECEMBER 2023 2ff2Y 2022 Totsl Funds Unrestrleted Res¢rleted Funds Nots% INCOMtNG RESOURCES Receipts fri)m donors Activities for generating futths Income from chur¢h activities Other income 47,815 5.569 23,002 34.525 47,815 5,569 31,762 15,339 18.803 11.777 110,911 i10.4if i 77,681 INVESTMENT INCOME 245 25 41 TOTAL INCOMING RESOURCES 111,156 111,156 77,706 RESOURCES EXPENDED Costs attributed to generating ￿ndS Cost *tribut¢d to church Ktivitie8 Management and adminislration expenses 2,452 14,536 7,622 11.297 11-2,929 112.929 64,771 146,078 lQ6.678 86.929 LYTEREST PAYABLE 10 TOTAL RESOURCES EXPEIYDED 126,67.8 126,67 86,929 NET SURPLUS (DEFICIT) RESOURCES EXPENDED FOR THE ITAR (15.524) (9223) TOTAL FUNDS BROUGHT FORWARD AT 31sr DECEMBER 2022 376.691 5.3.14 38W05 391,228 TOTAL FUNDS CARRIED FORWARD AT 31ST DECEMBER 2023 13 361,1.69 .314 366.483 382.IK)5 ST. ANDREW'S CHURCH. BENTLEY BAL4NCE SHEET 31ST DECEMBER 2023 2023 2022 Notes FIXED ASSETS Tangible assets 350,000 350,000 CURRENf ASSETS Cash at bank and in halld 22,745 39,045 cRED￿ORs- Amount falling due wlthin one year 12 6262 7,040 IYET CURRENT ASSETS 16.483 32,005 TOTAL ASSETS LESS CURREPU LIABILTfiES 366.483 382.005 RESERVES 13 ' 366,483 382.005 1-7-24 The accounts on pages 7 to 14 were approved by the Board of T￿￿tee$, on ................. alld signed on its behalf by:" TTUStee- Bishop P.N. Hunt ST. ANDREWIS CHURCIL BENTLEY NOTES TO THE ACCOiINTS FOR THE YEAR ENDED 31STDECEMBER 2023 ACCOiJNTING POLICIES Accounting convention The accounts have be¢n prepared under the hist￿Ical cost conventioffj as modified by the revaluation of certain fixed &ssets and in accordance with th¢ S¢alanent of Recommendol Practice applicable in the UK and Rq)ublic of Ireland (FRS 102). Tangible flled 4ssets OJ) transitioll to FRS102 a previous valuation of the freehold land and building was tsken as the Ikemed cost ￿ this value has been used iti the accounts. The f￿¢hOld land and building will ¢onlinue to be shoThryJ at this value and not depreciAted. A depreciation charge and related accumulated depreciation balall¢e would not be material 8s th¢ freehold land and building has & long remainin8 useful life. Incoming resourees All incoming Tesources are included in the Statement of Financial A￿1vitieS when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. All incomlng resowces ar¢ disclosed gross, without deduction of related expenditure. Resourees expended Expenditur¢ is ac¢ounted for on a receipts basis and includes direct charitable expenditur¢. which relates to the fiwthernnce of the charity's object& togeiher with management and athninistr&tiott expenditiir4 which is of a general nature. Allocattons and apportionment of ¢osts A]1 direct charitable expenditur¢ is allocated to relevant projects throughout the year. The charity is exempt from oj) its chatitable activities. Fund aecountlng Unr¢strict¢d funds can be used in accordanc¢ with the Chatitsble objectives at the discretion of the In￿tee8. Restricted fimd8 ¢an only be used for particular r¢stri¢l¢d purpo￿ within the obje¢ls of the charity. Restrictiotjs ari8¢ when specified by th¢ donor or when fi￿￿S are raised for particularrestricted p￿￿OseS. Further explanations of the nature and purpose of each fuod is included in the notes to the financial statements. Golng coneern The trustees continue to evaluat¢ the Ch￿ity'S ability to continue to opernt¢ on an ongoing and fores¢eabl¢ basis. At the time of approving th¢ financial statements they hav¢ a r¢asonable expectation that the Charity has adequate resources to ¢ontinue in operational existence for the for¢$¢eable future. Thus the Tn￿te¢S ontinue to wjopt the going concern basis of a￿OUnting in preparing the Trustees. Armual Report. 6T. ANDREW'S CHURCH, BENTLEY I¥OTES TO THE ACCOUNTS {Conthiued) FOR THE YEAR ENDED 31STDECEMBER 2023 2022 Total Funds RECEIPTS FROM DONORS Unrestricted RestrJ¢ted funds futtds Totil Coll¢¢tions Donatioos and ill memory Newsletter donations Gift Aid Claim 23.8-11 6O50 21,345 1,698 6.550 17.454 17,454 8.719 47.R15 31,762 ACTIVITIES FOR GENERATING FUNDS Flowers fijnd Sprin8 fun duy Harv¢8t auction Summer fayre Christmas fayT¢ Social events Community group 526 .950 440 950 424 700 700 495 12,494 1.184 1.080 1,08 5,569 5,569 15,339 INCOME FROM CHiiRCH ACTIVITIES Youth club subscriptions Community hire Weddings and fi￿er418 Luncheons Chrislmas m¢al Coffee and ¢hat Helping Hand Jubileelcoronation donations Ukt3ine app¢41 9,100 3.068 4.140 3.843 608 417 250 >%>.:J*.A* 570 6tJ8 425 1,075 535 250 570 ,002 23,1)02 18.803 10 ST. ANDREW'S CHURCIL BENTLEY NOTES TO THE ACCOUNTS (Conthiued) FOR TUE YEAR ENDED 31STDECEMBER 2023 2022 Total Funds OTHER INCOME Utrutricted Funds Restricted Fund$ Total Income inlo office General Fund payment SD pa￿nents Denom publications Bishops, sUPPOrt fimd YB Editor Bishop John's Books DBS Checks FCEcf repayment Wall grdnts and donations FCE hood&tsadg¢8 HMF (Irant St Jude's, Walsall Home Mission Fund rq￿)￿¢Dt Energy refund Memorial sticks TWIGG Office g¢netal fund Refimds 4.315 2.082 2,476 2.082 2,476 2.761 243 2,500 565 850 243 360 715 92 228 228 96 1.591 IS.180 15,180 300 300 1,676 3(Y) 2,012 3,092 56 59 500 1,136 1,136 11,777 ¥VESTMENT llYCOME Bank int¢resl received 25 COSTS ATTRIBUTED ACTivrrIES GENERATING FUNDS Sweets Flowers Social events Fayr¢iHarvestlChoir Community WUP Easter 860 860 240 726 1,159 13,810 2.452 14J36 li ST. ANDREW'S CHURCIL BENfLEY NOTES TO THE AccouNrs (Contlnued) FOR THE YEAR ENDED 31sfDECEMBER 2023 2023 COSTS ATTRIBUTED TO FURTHERENCE OF CHURCH ACTtVlTtES 2022 Totsl nds Unrestrlct¢d funds Restrieted nd8 Totsl Youth ¢lub Luncheon club.. . 3,602 Hall hire MissionAry Or8anisls Fun¢ral costs Communton wine King's coronationlQu¢en's jubilee Church hospitality Helping Hands 3,602 3,363 2,034 2,034 580 4.565 182 1.120 141 775 672 481 603 3-11 3-11 11297 11,297 7,622 12 ST. ANDREW?S CHURCH. BENTLEY NOTES TO THE ACCOUNTS (Condnued) FOR THE YEAR ENDED 31STDECEMBER 2023 MANAGEMEIYT AND ADMINISTRATION EXPENSES Unr¢s¢rlcted funds 2022 Tot81 funds Restricted funds Tfjtsl Stipend and National Jnsurance Clergy b¢nevol¢nt fund Stipend fi￿d Water ra￿9 Rates Insurance Light and h¢a* Telephone Bank charges Printillg* POStage and stationery: . Photocopier lease Postsge & Statiouery Sundries: _ Geller81 Photocopying Books. &i929 -a. 112.929 64.771 13 sr. ANDREWJS CHURCH, BENTLEY NOTES TO THE ACCOUNTS (Conttnued) FOR THE YEAR ENDED 31STDECEMBER 2023 io. INTEREST PAYABLE Interest payable on loftn from the denomirtatiort ii. TANGIBLE FIXED ASSETS Freehold Iaudgnd Bulldings COST OR VALUATION Total At 31st Decemkr 2022 and at 31st tk¢emb¢r 2023 350,000 350.000 A pwiovs valuation of Sl. Andrew's Church freehold land and buildi￿ of £350,000, bas been taken to represent the deemed Cost of th¢ propety and this value has been included in the accounts. 11 CREDITORS DUE AwfER ONE YEAR Monies owed lo Bishop P.N. Hunt Monies owed to others 2023 2022 11)3 6,159 1,486 5,554 6.262 13. RESERVES 2023 2022 Restticted capital funds Unrestricted in¢orn¢ Su￿1￿8 funds 5.314 376,691 J6'1,169 TOTAL FUNDS 366.4S3 382.005 14