Wynniatt-Husey Lirnite RUGELEY COMMUNITY CHURCH LIMITED TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 CONTENTS Page Company Infonnaiion Directors Report Independent Examiner's Report Siatement of Financial Activities Balance Sheel Notes to the Accounts 7-10 Old C.Iiach Hiw. HO Fair. RubYk.v. StsliDrd5hire, IVS15 2EL. Tel.. 018B9 583211 F&%." UIR84 515907 E-mdil.. filan@hvvnniatt-hLiltd.com. rrtEnI)llI-hItd.Cnm. irf1-e@wVnn1JN-huSeYhd.fttrn ReoisiertTrd t() iatry un audil w(¥k in the UK.Incl IIE4and an(1 rvguliil¢MI i(Jr a IntrAment I)line%nd (1)nsu1r Iredii by the li11e uf Lhartered Acc(mant5 in Engtsfid Klileb Dire£tor5". R I Il'ynniJlt-HuSry FC4 F.- I A Ktrlniibh FC4 ATII.. .4 I. Duri R4iAwed tn Eand Ni) 3,-??6I 3 VAT 14).-4-,840795 ICAEW CHARTERED ACCOUNTANTS %V4lv.%wnniatt-hu*yltsl.ro.uk
RUGELEY COMMUNITY CHURCH LIMITED COMPANY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2023 Director5 1 Trustees Mr RP Miller (resigned 2211212023) Mr AMJ Fisher Mr CD Fielding Mr MJ Ball Governing Document Memorandum and Articles of Association Company Registration Number 8341226 Charity Registration Number 1152303 Registered Office Rugeley Community Centre Bumthill Lane Rugeley Staffordshire WS15 2HX Independent Examiner Wynniatt-Husey Limiied The Old Coach House Horse Fair Rugeley Staffordshire WS15 2EL Bankers The Co-operative Bank
RUGELEY COMMUNITY CHURCH LIMITED REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 DECEMBER 2023 The Directors have pleasure in submitting the Report and Accounts for the year ended 31 December 2023. The financial slalements comply with the Charities Act 2011. the Companies Act 2006, the Memorandum and Articles of Associalion. and Accounting Reporting by Charilies: Statemenl of Recommended Prdctice applicable to charities preparing their accounls in accordance with ihe Financial Reporting Standards for Smaller Entities in the UK and Republic of Ireland (FRS 102) (effective l January 2015). Objects of the Charity The trust seeks lo demonstrate the Christian faith in action by being a Church in the Rugeley area. Government The policy and operating decisions of the charity re with the Directors who meet regularly to monitor the activtties of the Company. New Iruslee5 are appointed by the board in collaboration with the Church leadership. R¢vi¢w of Activities The year was one of transition wilh ihe announcement of Pastor Richard Miller's decision to stand down in 2024. Chris Fielding. part of the leadership leam and manager of the Community Centre. accepted the role with a view lo gradually iransitioning Ihrough thc year for a slart in early 2024. After an unsuccessful attempt to recruit to a new Office Manager role and some careful consideration we successfully recruited to two new roles, replacing th¢ vacant posts of Centre Manager and Centre Coordinator. The new Operalions Manager and Operations Administrator look up their posts in Novembcr. allowing Chris to transition inlo the role of Church Pastor after Christmas. There was also transition in the director board. with Richard Miller standing down at the end of the year and Rosemary Rosenberg shadowing the board through the Autumn with a view to becoming a director in January 2024. The directors received training and support from Trusi Advice to review all aspects of govemance to ensure that everything God has ertt[Ued to us is being stewarded well. This has also included employing a part-lime Treasurer to help us manage our finances well. After last year's record demand for our Foodbank services from a lown feeling the effects of the pandemic, there was another slight increase of almost 80/0. Again, thanks to the amazing generosity of the people of Rugeley and the hard work of our volunteer team, almost 27 tonnes of 8oods were donated and just over 27 tonnes given oul lo a lotal of 2.765 people in crisis. Our free English tuilion conlinued to thrive with its new 2-day per w¢ek fonnat. including a greater link-up with our Cosy Club. The Cosy Club ran throughout the year due to its popularity. and a series of sp¢cial winter warn]er lunches began towards the end of the year feeding over 50 people each lime. We also successfully launched a new weekly children's activity on Fridays called Kidz Klub for primary school children. Rugeley Community Centre remained very busy with a wide range of community services continuing to thrive, such a5 the weekly gentle exercise, CAB dropin. mental health support, debt advice, indoor sport5, art activities, perfomling arts, children's activities, baby clinics, addiction support. bereavement support and much more. Thanks to a partnership with Southern Staffordshire Community Energy, a solar panel system
was installed on the roof and cavity wall insulation lo all external walls. This came at no cost for the installation and it will help to soften the energy cost rises. Financial Review Income for the year was £238.720. Expenses for th¢ same period were £239,757 resulting in a deficit of £1,037. R¢5erves Policy The Board of Directors have established a policy whereby fre¢ reserv¢s held by th¢ charity should be maintained at between 3 and 6 months of nornial monthly Church expenditur¢. Risk Statement The Directors have reviewed the risks to which a small charity operaling with few cmployees is exposed. Appropriat¢ procedures are in place to identify, monilor and review th¢se risks on a regular basis. Dir¢c¢ors' Responsibilities Charity law requires us as Direclors to prepare financial statements for each accounting year which give a true and fail view of th¢ stst¢ of thc charity and of its incom¢ and expenditure for the year. l. Select suilable accounting policies and apply them consistently? 2. Observe the methods and principles in the Charities SORP. 3. Make judgements and esttmates ihat are reasonable and prudent. 4. State whether the applicable accounting stsndards have been followed, subject to any material departures disclosed and explained in the accounts: 5. Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will contjnue in business. We are responsible for keeping adequate accounling records which disclose with reasonable accuracy at any time the financial position of the company and enable us to ensure that the financial statements comply wilh the Charities Act 20I l and pan 15 of the Companies Aci 2006. We also have a responsibility io safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities. Approval This report was approved by the Directors on.....2+/09 /.ztXLF .and signed on their behalf by: MrCD ie ing
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RUGELEY COMMUNITY CHURCH LIMITED I have examtned the accounls for the year ended 31 December 2023 on pages 5 to 10 following, which have been prepared on the basis of the accounting wlicies set out on page 7. Respective Responsibilities of Direetors l Trnstees and Examiner The Directors l Trustees of the company are responsible for the preparation of accounts; they consider that the audit requirements under section 144 (2) of the charities Act 2011 do not apply but that an Independent Examination is needed. I have been appointed lo conduct an Independent Examination required by section 145 of the Charities Act 2011 and to report in accordance with the regulations made under section 145 of that act. It is my responsibility to examine the accounts. without p¢rforniing an audit, and to report to the tntees. Havin&1 salisfied myself ihat the company is not subject to audit under company law and is eligible for independenl examination, it is my responsibility to: l. Examine the accounts under section 145 of the Charities Act 2011: 2. Follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the Chariiies Act 201 3. State whether particular mailers have come to my attention. Basis of Examiner's Statement This report is in respect of an examinatton carried out under section 145 of the Charitics Act 2011, and in accordance with Ihe general direclions given by the Charity Commissioners. An examination includes a review of the accounling records kepi by the charity, and a comparison of the accounts presented with those records. li also includes a review of the accounts and making such enquiries as are necessary for the purpose of thi5 report. 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 ihe accounts present a 'true and fair view. and the report is limited to those matters set out in the statement below. ExAminer'$ Statement Based on my examination, no matter has come io my attention which gives me a reasonable cause to believe that in any material respect. accounttng records have not been kept in accordance with section 386 of the Companies Act 2006, or that the accounts presented do not accord with those records, or comply with the ac¢ounling requirements of section 396 of ihe Companies Act 2006 and the Charilies SORP (FRS 102). No matter has come to my notice in connection with my examination to which, in my opinion, attenlion should be draw) to enable a proper understanding of ihe accounts. Wynniatt-Husey Limited The Old Coach House Horse Fair Rugeley Staffordshire WS15 2EL
RUGELEY COMMUNITY CHURCH LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Summary of Income and Expenditure Account Unrestricted Restricted Funds Funds 2023 2023 Total Funds 2023 Total Funds 2022 Note INCOMING RESOURCES Incoming resourcesfrom generafedfvn Voluntary income Donated good5 Interest earned Grant 57.666 43,010 47.458 100,676 47,458 2,431 97,773 47.777 736 7.000 2.431 Ckariiable acfivilie5 Rental income Other activities Incorne from sale of asset 83,727 4,428 83,727 4.428 69,923 3,690 Total Incomin8 Resources 148,252 90,468 238,720 226,899 RESOURCES EXPENDED Costs of generaling voluntary income Charitable aclivities 163,835 75,922 239,757 222,787 Total Resources Expended 163,835 75,922 239.757 222,787 Transfer between funds Net Movement in Funds (15,583) 14,546 (1,037) 4,112 Funds balances at l January 2023 Prior year adjustment 286,873 109,449 396,322 392.210 286.873 109.449 396.322 392,210 Funds balances at 31 December 2023 123.995 395.285 396 322 Movements on reserves and all recognised gains and losses are shown above. The notes on pages 7-10 form part of these accounts.
RUGELEY COMMUNITY CHURCH LIMITED BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestricted Restricted Funds Funds 2023 2022 Note FIXED ASSETS Tangible Assets 195.281 195 281 204,278 204,278 219,441 219441 8.997 CURRENT ASSETS Stock Debtors Cash at Bank 25,906 25.906 17,674 159344 202.924 26.545 14.401 147 791 188 737 17.674 89,092 114.998 CURRENT LIABILITIES Liabilities falling due within one year 11,917 11,917 11,856 Net Current Assets 76,009 114.998 191,007 176,881 NET ASSETS 271290 123 995 395,285 396,322 FUNDS BALANCES Unreslricled Funds.. General Funds 10 271.290 271,290 286.873 Restricted Funds io 123 995 123,995 123.995 395.285 109449 396 322 271290 For the year ended 31 December 2023 th¢ Company was entitled to the exemption from audit under Section 477 of the Companies A¢t 2006 relatin8 to small companie5. The members have noi required the charilable company io obtain an audit of its accounts for the year in qu¢stion in accordance with Section 476 of the Companie5 A¢¢- however, in accordance with Seclion 145 of the Charities Aci 2011 th¢ a¢¢ounts have been examined by an ind¢pendenl examiner whose report fom5 Port of this document. The Dire¢tors acknowledge theÉr responsibilities for. a) preparing financial statemen15 which give a mje and fair view of ihe State of atTairs of the chari12ble company as at the end of each fmancial year and of its profit or loss for each financial year in accordance with the requirements of section5 394 and 395 and which otherwise ¢omply wilh the requirements of the Companies Act 2006 relating to fmancial statements, so far as applicable io the charitable company. b) complying with s¢¢tion 386 and 387 of Ihe Companies A¢t 2006 with respect io accounting record5 and th¢ preparation of accounts. These ac¢ounts have be¢n prepar in accordance with the provision$ of Part 15 of the Companies Aci 2006 relating to small compani¢s. Approved by the Directors and Signed for on their behalf on.... Mr CD Fielding The note5 on pages 7-10 form part if these accounts.
RUGELEY COMMUNITY CHURCH LIMITED OTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 l. Accounting Policies The financial statements have been prepared in a¢¢ordan¢e with Accounting and Reporting by Charities.. Statement of Recommended Practic¢ applicable lo chariiies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) {¢ff¢¢tive l January 2015)- (Charities SORP (FRSI 02)). and the Companies Act 2006. Rugeley Community Church Limit¢d meets ihe definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at his1ori1 cost or transaction value unless otherwise slated in the relevant policy note(s). a) Donated and Grant Incomt Donated income and grants receivable are taken into account when received by the charity. Income received in Circumstances where a claim for repayment of tax has been or will be made io HM Revenue & Customs is grossed up for the tax re¢overable. Any amouni of tsx reclaimed from HM Revenue & Customs but not yet received is shown within th¢ charity's deoIS. Donated g¢)ods are accounted for at estimated values AS described in note 2. b) Other Income and Expenditure Inveslmeni income is tsken inlo account when receivable and expenditure. including irrecoverable VAT, when incurred by ihe charity, regardless of when payment is made. Gran15 payable are taken into account at th¢ earlier of when ihey are paid or become construciive obligations. Grants for the support of overseas missionaries are accounted for on Ihe basis of the support ih81 relaies to th¢ financial year. c) Funds Unrestri¢ted funds are donations and other income received or generated for the obj¢c15 of the charity without specified purpose and are availabl¢ for purposes as directed by irustees. R¢stri¢ted funds are the amounts r¢¢¢IV where the donor ha5 specified Ihe purpose for which it should be used. d) Flxed Assets and Depre¢ia¢ion Fixed assets acquired for use by the charity are capitolised and dePr14¢¢d over their estimated useful life unles5 they cost less than £250 when they ar¢ written off on purN)se. Depr¢cialion periods are as follow5: Freehold Land Equipment Noi dePrjated 3-5years ¢) Pension Costs The company operated a defined contribution scheme for a certain number of employees. Pension premiums are charged as they are paid. D TAXAtioll The company 15 a registered ¢harity and is exempt from taxation under th¢ Income & Corporalion Taxes Acts. Cashllow S¢a¢emen¢ The company has taken advantag¢ of the exemption provided by the Financial Reporting Standard l and has noi prepared a Cash Flow Siaiement for ihe year.
RUGELEY COMMUNITY CHURCH LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 2. Voluntary IDcome Unrestricted Restricted Funds Funds Tolal 2023 Total 2022 General Donations Tax Recov¢rJbl¢ 48.916 42.010 1.000 90.926 9.750 100 676 86,953 10,820 Donaled Goods Fi)odbank Income froln donated goods is a¢¢ounted for on the basis of the valu¢ of av¢rag¢ donations at £1.75 per kilogram multiplied by the weight of donations rec¢ived. 3. Charltblt Activlties Unrestricted Restricted Funds Funds Total 2023 Totsl 2022 A) Direct Charitable Costs Salary and pension ¢osts Salary granis Furlough reclaimed Building costs Church activities Professional fees Donations payable Donated goods 104,679 ,430 106,109 105,035 (1,097) 35,611 3.811 3.747 6,600 39,126 192 833 28.578 2.083 326 7,152 8,500 37,078 2.083 326 10,902 3,750 142 818 204 595 b) Support & Administration Administration and otTice costs Aceountsncy Sundry cost5 Depreciation 3,316 1,620 3,633 7,584 10,900 1,620 3.633 5.969 1,140 2,906 Combined Chri¢able Ac¢ivity Costs 163 835 239 757 222 787 ¢) Donations Institutions Individuals 2023 2022 Missionary support 720 720 The main feature of the donations were: First Responders Lighi For Children 600 1.200 600 1,200 4. Staff & Trustees 2023 2022 Gross wages, salaries & benefits in kind Employer's national insurance costs P¢nsion $tS 97.966 3,160 97.423 2,763 106 109 IQLLS
RUGELEY COMMUTrIITY CHURCH LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 4. Staff & Trustees (ntInued) The charity has 3.5 full time equivalent employed staff. Its activities are generally ¢arried out by volunteers. No staff received salaries at a rdte of more than £60,000 per annum. Mr R Miller was paid £30,855 in his capacity as Church Leader and Mr C Fielding was paid £29,715 in his ¢apacity as Community Centre Manager. and not as Trustees. as perniitted by ihe governing document. The charity also paid £2,460 of employers pensions on behalf of Mr Miller and £l.188 on behalf of Mr Fielding. No remuneraiion was paid to any trustee during ihe year nor to any p¢rson ¢onnected to them. 5. Tgngible Fixed Assets Restricted Fund5: Equipment & Fittings Land & Buildings Equipment & Fittin8S Total 2023 Costs Ai l January 2023 Addilions pUhS Disp05als At 31 Lkcemb¢r 2023 171,240 62,045 3,846 23.905 257,190 3,846 Accumulaled Depreciation At l January 2023 Char8e for year Disposals Ai 31 December 2023 29.402 12,448 8,347 6,561 37,749 19.009 Nel Book Value Ai 31 December 2023 6. Stock 2023 2022 Donated Goods- at cost 90 26 7. Debtors & Prepayments 2023 2022 Tax recoverable Other debtors 9.750 10,800 8. Cash gt Bank and In Hand 2023 2022 Bank operating accounts 147 791 147 791
RUGELEY COMMUNITY CHURCH LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 9. Creditors: liabili¢ies falling due within one year 2023 2022 Trad¢ ¢r¢ditors Ou15tsnding donations PAYE & other credilors A¢¢ruals Payments on account 682 ,526 2,939 2,370 702 458 2.372 3,924 11917 10. Funds The restricted funds represent amounts received for specific purw)ses and the movements in the year are as follows: Opening Balance Incoming Resources Outgoing Resources Transfers in the Year Closing Balance Food Bank donated goods Food Bank financial gifts 26,547 47,458 10 (48,097) 25.908 995 Food Bank financial gifts Conlributions to support Rugeley F¢)od Bank. These funds are restricted for Ihe puhaSe of additional food, where necessary. and development of fa¢ilili¢s to ¢nabl¢ ihe F¢)od Bank io best serve its customers. The assets and liabilities represented by various funds are as follows: Bank & Chsh her Net Balances Assets Debtors Creditors Total Restricted Funds 89.092 34.903 123.995 Unrestricled Funds 17.674 (11,917) 70.252 195,281 271,290 17 44 io