REGISTERED CHARITY NUMBER: 1156218
INSPIRE MOVEMENT CIO REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
| Page | |
|---|---|
| Reference and administrative details | 1 |
| Report of the Trustees | 2 to 7 |
| Statement of Financial Activities | 8 |
| Statement of Financial Position | 9 |
| Notes to the Financial Statements | 10 to 14 |
| Detailed Statement of Financial Activities | 15 |
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REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 AUGUST 2022
Trustees
Principal address
Registered charity number
RJ Saunders-Hindley H Agnew P Cornell E Cornell T Sture
10 Woodland Walk Chesterfield Derbyshire S40 4YB 1156218
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The Trustees present their report with the financial statements of the charity for the year ended 31 August 2022. The Trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2015).
Background to The Inspire Movement
The Inspire Network was founded in 2008, by the international Director, Rev. Dr. Philip Meadows, with a small group of visionary people with a heart for abiding deeply with God and living missionally in the world. As the vision developed, the Network extended to form a School of Mission Spirituality (now called the School of Discipleship) and the Inspire Movement emerged in reflection of both of these activities and became registered as a Charitable Incorporated Organisation in the United Kingdom in 2014.
The aim of the Inspire Movement is to help ordinary Christians grow in their discipleship, and to equip church leaders for the task of making disciples in their local congregations. Inspire draws upon the historic tradition of Wesleyan spirituality but works ecumenically, partnering with people, churches and organisations from many different traditions and networks. Since its founding, the Inspire Movement has grown organically and internationally: with well-established participation across the UK, Ireland, and USA, as well as emerging relationships in Europe, Africa, Asia and the Americas. We are a member of the Evangelical Alliance and are associated with a number of missional organisations.
There are different levels of participation to encourage people to deepen their discipleship. At every level of participation, people are encouraged to attend training through Teaching Retreats, Leadership Conversations and/or Learning Communities, to help them pursue this life of discipleship for themselves, and to equip them to develop disciple-making ministry. The evolving curriculum is offered through day retreats, learning communities and online training modules. As a spiritual movement, Inspire functions like a dispersed religious order, with a rule of life (called ‘the Way of Life’), and the core practices of: small group meeting (called ‘fellowship bands’) for mutual accountability and spiritual guidance; house fellowships for missional community; and learning communities for training and equipping. The School of Discipleship provides a training and mentoring platform for all of these things.
The Inspire Movement relies upon the voluntary support of Missioners to develop and deliver resources and training. To facilitate the day to day maintenance of the Inspire Movement, from 2014 to 2022, the CIO employed an Administrator for a number of hours a week. The responsibilities of the Administrator have been taken up by a number of volunteers since August 2022.
Objectives and Activities
The objectives of the Inspire Movement CIO are the advancement of the Christian faith, particularly by (but not limited to) the promotion of discipleship and mission among Christians. This is achieved through the provision of education and training and in such other ways as the charity Trustees may from time to time think fit. To meet these objectives the Inspire Movement:
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Develops and supports small groups to enable Christian mission and discipleship;
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Promotes mission-shaped discipleship through a programme of retreats, learning communities, online courses and bespoke training to help people grow in Christian discipleship;
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Provides advice, training, and resources open to members of the public at little or no cost, being largely sustained as a movement by charitable donation;
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Offers education and accredited training through the Inspire School of Mission Spirituality, to which anyone may apply to enrol. Wherever feasible, training programmes are delivered on an at-cost basis and, in addition, provision to access training is made for those in hardship;
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Benefits children and young people in their moral and spiritual development and growth by facilitating and equipping children and youth workers through training, resources and materials.
Achievements and Performance
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At the end of August 2022 there was a total of 44 Missioners recognised by the Inspire Movement as fulfilling the role of Missioner to different extents in various contexts. Missioners are encouraged to meet monthly at the online Missioner Hangouts.
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The Ireland Missioners met in person in June 2022. Hannah Wittenberg, visiting from the USA, shared teaching about healing prayer. The GB Missioners gathered for zoom meetings. The USA Missioners held an “in person” retreat in May 2022.
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The online School of Discipleship has continued to grow and develop offering an increasing number of online courses. Participants enjoy the international flavour with people from the UK, USA, Ireland, Ukraine, Belarus, Germany, Africa and other places. The community nature of the training is a significant encouragement to people as well as by the learning that they receive. Many people have registered for multiple courses. There has been much interest stirred up through all the online courses and more people have been engaging with the Movement. There are increasing opportunities for in person training flowing from the relationships built on the online courses.
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Brian Yeich was appointed as Dean of the School of Discipleship in July 2022. He brings a great deal of experience from his years in education and training as well as serving as an Inspire Missioner for many years. Brian is fundraising support in the USA so that he can give time to developing new resources and opportunities for the School.
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People have been willing to pay the minimal registration fee for online courses and many participants also give additional donations or become regular donors. Going forward, partnerships with organisations like the FMC-UK will generate income through fees for the cohorts attending the School courses.
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The House Fellowship cohort started in September 2021 went on to plant several local house fellowships. A second cohort started in Spring 2022. This was particularly significant because it began as the war in Ukraine started, and yet brought together people from Ukraine, Belerus, Republic of Georgia, Northern Ireland and the USA. It was a testimony to the importance of fellowship communities even in the midst of trials.
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The Inspire Scholars group meets monthly to encourage one another in furthering their learning. Phil Meadows leads the group with teaching and conversation based around relevant book studies.
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Our partnership with One Mission Society (OMS) continues to develop, though primarily online in the last year. People are accessing training through the School of Discipleship and beginning to utilise Inspire resources in a number of countries and contexts. Inspire Missioners help to mentor fellowship bands with OMS missionaries and a number of missionaries are also Inspire Missioners and advancing Inspire in their mission contexts.
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One OMS missionary that attended an online learning community has incorporated Inspire Fellowship Bands into his international discipleship training for leaders. He uses the Fel-
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lowship Band: A Quick Guide resource, in local churches in the USA and also in his missions work in the Philippines.
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The International Director continues to accept invitations from various organisations to promote Inspire through academic and other institutions. The pandemic has created opportunities to pursue more connections online as well as in person.
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Tabitha Heathcote, lead Missioner for Inspire for children and families, trialled a revised edition of online training course ‘Discipling Children in our Midst Spring 2022. She will be developing this further in the coming year. The first edition of the Advent resource was revised and a new journal added to accompany it, both were published in November 2022.
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Matt Wright served as Dean of the School of Discipleship until May 2022. He and Rachel Wright also served as Co-Directors of the GB Core Team until their resignation in November 2022. They led in person teaching retreats in Bristol and Garstang from which a number of fellowship bands were formed and there will be further opportunities for training. They also led a student house fellowship and some in person training at Cliff College in Derbyshire. A number of other engagements and connections presented opportunities for sharing the vision of Inspire in other contexts.
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In-person training also took place in Ireland in the context of small group fellowships and with a local church during a six week series in September 2022.
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We continue to utilise email and other software services to facilitate secure communications and prayer links. We have chosen not to participate on social media platforms but find that’s helps to enhance the relationships that we have with people who connect with the Movement.
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The monthly ‘e-News’ is sent out to share testimony evidencing the positive contribution the Inspire Movement makes in the lives of beneficiaries as well as other news items.
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The monthly ‘Missioner Matters’ is a newsletter specifically for Missioners to provide training, ideas, testimony and opportunities to engage.
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The monthly prayer newsletter evolved in January 2022, alongside changes to the Beacon, to become the Pray Continually newsletter and gave more focused attention to praying for the specific activities of the Movement.
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The weekly Beacon of Hope provides short reflections and prayer for encouragement. Many people have engaged with the Inspire Movement that might not otherwise have done so. This newsletter was renamed in March 2022 to become the ‘Beacon’, to further develop communications around the Inspire Way of Life.
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An editorial team was established in July 2022 to review all the newsletters. As a result, we plan to streamline our communications better to encourage people to engage with the Movement. The review has been a helpful encouragement as it was noted that our read rate of all our newsletters is usually 50-60%.
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The Inspire Movement website has continued to develop and provide essential support and services for the School Discipleship as well as information and resources.
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The resources published in 2021-22 have been successful and complement the existing resources. We are continuing with the development of a comprehensive range of resources to equip the Movement. The Inspire Bookstore operates through the Inspire Movement website to ship publications from the UK and USA around the world. Some publications are also available through Amazon Kindle. The bookstore is generating a small amount of income in the UK and the USA.
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Missioners continue to multiply fellowship bands and house fellowships in a variety of contexts. Some are also hosting book clubs as another means for introducing people to these practices. We are developing a model of house church that fits into the core practices of
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Inspire. Missioners are helping a number of churches and organisations adapt and adopt our model of practices for church planting.
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As there has been an increasing interest in people exploring church planting using Inspire principles and practices our Church Planters Cohort has been growing and drawing people in from a variety of contexts in the UK and the USA. More people from other countries will be joining in 2023
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The International Director remains as the Sundo Kim Chair of Evangelism at Asbury Theological Seminary, Wilmore, KY, USA. This role gives him time to continue as International Director, and to develop all aspects of the Inspire vision both within and outside the context of the Seminary. The position facilitates him living bi-locationally between the UK and USA. The Inspire ministry in Wilmore has already multiplied with an increasing number of fellowship bands, house fellowships and learning communities.
Financial Review
The Inspire Movement operates as an independent charity and is dependent on donations as its primary source of income.
Total unrestricted donations received in the year were £10,247 (2021, £14,546). No income has come from Missioners sharing fees for training provided, from the repayment of expenses by churches partnering with us (2021, £634). T he general fund surplus of £6,565 at 31 August 2022 (£7,695 at 31 August 2021) is retained and will be used to meet costs and fund future activities.
As a result of our decentralised operating model, we were not significantly adversely affected by the COVID-19 pandemic. The Inspire School of Discipleship has provided online training opportunities. Participants pay a minimal registration fee to access the courses and donations are requested to cover costs. Several participants have become regular donors through the School, and most participants make a generous gift. Online learning communities have run with attendees from UK, Ireland, USA, Ukraine, Nigeria, Germany, and other places.
We continue to explore fund-raising models to help cover the cost of essential support and also to help assist any Missioners who would like to commit to a part-time or full-time role with Inspire. This includes a combination of personal support, establishing a dedicated, restricted Missioner fund, and provision of assistance through Inspire in the form of grants, housing or other such means.
As more Missioners are exploring full-time opportunities with the Inspire Movement we have established a model of support whereby we assist Missioners to start and maintain fundraising their own support under the umbrella of Inspire whilst utilising the services of a fundraising platform organisation (Stewardship in the UK, Donor Fund in the USA) for the administration of their own funds. Inspire may also continue to provide financial support to Missioners as Movement funds allow. Matt and Rachel Wright raised fundraising support in the UK from April 2021 to November 2022 whilst they were sharing a full-time role with the Movement. Hannah Wittenberg raised fundraising support in the USA from May 2021 to August 2022. Brian Yeich started fundraising support in the USA in July 2022.
With increasing commitment to the Inspire Way of Life, fellowship bands, house fellowships and learning communities both in person and online, people are often willing to give financially to Inspire. We hope to encourage more people to give on a regular basis particularly from participation in the Inspire School of Discipleship. We continue to work in partnership with churches and other organisations to establish financial support for delivering teaching and training.
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Working as a decentralised movement, contributions are also received to assist with ongoing resource and Missioner development through the activity of volunteer Inspire Missioners who provide training locally within churches and partner organisations.
The Inspire Book store continues to stock publications for resale which has brought additional income. As Inspire Movement Publishing expands, there will be more income generation from the sale of resources both in the UK and USA.
Inspire Movement in the USA has been a registered 501(3)(c) non-profit organisation since November 2018. This facilitates the receipt and distribution of funds within the USA. In the future there may be opportunities for sharing fund-raising between the countries.
Future Plans
It is taking a long time for people to regain confidence in in person gatherings after the restrictions of the pandemic. We are slowly returning to in-person teaching and gatherings. The focus remains on continuing to equip and resource Missioners to give them greater confidence in delivering training, supporting band formation, facilitating house fellowships and developing learning communities.
Regional Missioner Teams are planning in person gatherings to bring together Missioners in their region for training and encouragement. We are planning to host an International Inspire Gathering on Zoom in 2023 for Missioners and other people involved in the Movement.
Many church leaders are rethinking how they do church as they find people are not returning to their local church after the pandemic. We are following up with many enquiries as we seek to help churches to re-think the way they do Christian discipleship. As more people look to the Inspire model for church planting, we are working alongside new church planters. The Church Planters cohort and School of Discipleship will be an important part of this.
The Church Planters cohort continues to grow. It is developing a regular rhythm for meeting and is establishing a pattern for teaching as well as mutual support and accountability.
The Inspire Bookstore, through Inspire Movement Publishing, plans to publish a number of new publications in the coming year. This year we will extend the services offered through the BookStore with and integrated store on the website, with more items available to download. Prices for all publications are set at a rate to make them accessible whilst covering all costs and generating a small income to contribute to the expenses of the wider Movement. We continue to provide some resources at no cost, and to make provision for people to access resources where there is a case of financial hardship.
The new Editorial Team will be updating the various Inspire newsletters with new logos and more content shared from around the Movement.
Tabitha Heathcote, is continuing to lead the development of training and resources for lnspire for children. We plan to publish some more new resources for children and families in 2023, and extend opportunities for training to help people discipling children in churches and house fellowships.
The continuing development of the Movement in Great Britain, Ireland and the USA has prompted us to review our organisational structures. Following an update of the current terms of reference the International Director has put forward a plan for further decentralisation of the Movement, to help resource and release Missioners to accomplish more in their local context. The revised structure (called Inspire 2.0) will be gradually implemented over the coming year. This will help to release the International Director to focus more on resourcing and general oversight.
The bi-locational nature of the International Director’s role continues to present multiple opportunities for expanding the work of Inspire both in the USA and internationally. We are con-
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tinuing to extend the training for house fellowship facilitators and the new church planting leaders’ cohort will be expanding to include people from multiple countries and contexts. We continue to explore partnerships with a number of missionary and other organisations who have an interest in incorporating Inspire teaching and practice in their work.
We are moving forward on different kinds of partnerships with various organisations including the One Mission Society, Free Methodist Church UK, Asbury Theological Seminary Church Planting. We will be exploring the opportunities and mutual benefits of these and others in 2022-23.
The Inspire School of Discipleship continues to grow and develop. In 2022-23, the Dean is establishing a new Team to lead the School. We will be extending the curriculum and the opportunities to participate in online learning communities, piloting Moodle as a platform for delivering training, developing small focused learning communities, and looking to provide credited courses for a number of organisations who will be partnering with Inspire. These include a partnership with the FMC-UK to offering our training as part of their ministerial development.
Structure, Governance and Management
The Inspire Movement is a Charitable Incorporated Organisation governed by Articles of Association dated 7 January 2014.
The number of Trustees must be a minimum of three who are appointed in accordance with the Articles of Association. The Trustee body embraces a wide variety of skills and new Trustees are considered in the light of their ability to contribute to the work of the Inspire Movement. All Trustees subscribe and adhere to, in belief and lifestyle, the Inspire Movement statement of beliefs.
The Trustees are responsible for the financial management and legal governance of the administration of the Inspire Movement CIO. Currently, all the Trustees are members of the Inspire Movement Steering Group. The Steering Group as a wider body provides oversight for vision keeping, as well as strategic direction and decision making across the work of the Inspire Movement. Day to day running of the Inspire Movement is delegated to the International Director, Administrator, and Core Teams.
Core Teams oversee the work of the Inspire Movement in particular regions. We now have Core Teams for Great Britain, Ireland and the USA. These teams remain under the oversight of the Steering Group. Each Core Team has their own Directors who are responsible to the International Director.
Core Teams coordinate the work of Missioners in their respective regions, and encourage the formation of Missioner Teams for mutual support, encouragement and equipping. The recognition of Inspire Missioners remains the responsibility of the Steering Group.
The continuing development of the Movement in Great Britain, Ireland and the USA has prompted a review of the organisational structures. Following an update of the current terms of reference the International Director brought forward a plan for further decentralisation of the Movement, to help resource and release Missioners to accomplish more in their local context. The revised structure (called Inspire 2.0) will be gradually implemented over the coming year and reported in the Annual Report for 2022-23
In June 22, the GB Core Team Directors asked to meet with the Trustees to discuss their difficulties in fundraising for their financial support. The International Director and Senior Administrator also raised concerns about the GB Core Team Directors ability to fulfil their role. It became clear to the Trustees that there had been a breakdown in relationship between the International Director/Senior Administrator and the GB Core Team Directors. The Trustees
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gave leadership to a process aimed at bringing a positive resolution, but this has not been possible. As a result, the Senior Administrator resigned her position in July 22 and the GB Core Team Directors have subsequently resigned from the Movement in November 2022 as noted earlier in this report.
The situation highlighted gaps in the policies and procedures necessary to ensure continued good governance of the CIO, specifically the need for disciplinary and grievance policies for personnel engaged by the CIO. These are considered necessary to ensure accountability and to protect all those who are involved in the Movement. These gaps have been noted by the Trustees and should be addressed as a matter of urgency by the new Trustees in the year ahead as part of the proposed restructuring of the organisation. The implementation of Inspire 2.0 is intended to provide more clearly defined roles and responsibilities. The Annual Report for 2022-23 will highlight the progress made.
The situation also affected the relationship between the Trustees and the International Director and Senior Administrator. Mr Tim Sture resigned as a Trustee on 5 September 2022. Mrs Samantha Meadows stepped down as a Trustee on 22 September 2022 having served three terms. The Chair of the Trustees was Mr Richard Saunders-Hindley, as appointed on 1 Nov 2021. Rev Harold Agnew has been a Trustee since 1 January 2020 and Mr Phil Cornell and Mrs Elizabeth Cornell since 1 July 2020. These four remaining Trustees gave written notice to stand down with effect from 31 December 2022.
At a meeting of the Trustees on 7 December 2022, three new Trustees were appointed to begin on 1 Jan 2023.
Mrs. Samantha Meadows was employed by the CIO as Administrator for the Inspire Movement as permitted by, and in accordance with, clauses 7.2.3 and 7.3 of the Articles of Association. She resigned from this post on 30[th] July 2022, meaning there are no longer any paid employees within the Inspire Movement CIO
Approved by order of the board of Trustees for 2021-2022 on 16/1/23 and signed on its behalf by:
SIGNATURE
P N Cornell
Trustee for the period of this report
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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments from | |||||
| Charitable activities | 2,709 | - | 2,709 | 634 | |
| Donations and legacies | 10,247 | 3,835 | 14,082 | 21,281 | |
| Total | 12,956 | 3,835 | 16,791 | 21,915 | |
| Expenditure on | |||||
| Charitable activities | |||||
| Support cost | 2 | (14,535) | (2,773) | (17,308) | (18,506) |
| Net income / (expenditure) | (1,579) | 1,062 | (517) | 3,409 | |
| Reconciliation of funds | |||||
| Total funds brought forward | 7,695 | 751 | 8,446 | 5,037 | |
| Total funds carried forward | £6,116 | £1,813 | £7,929 | £8,446 |
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STATEMENT OF FINANCIAL POSITION AT 31 AUGUST 2022
| Unrestricted Restricted funds funds Note £ £ Fixed assets Tangible assets 5 - - Current assets Debtors and prepayments 6 810 341 Cash at bank 5,306 1,472 6,116 1,813 Creditors Amounts falling due within one year 7 - - Net current assets 6,116 1,813 Total assets less current liabilities 6,116 1,813 Net assets 6,116 1,813 Funds Unrestricted funds 8 Restricted funds 10 |
2022 Total funds £ - 1,151 6,778 7,929 7,929 7,929 7,929 6,116 1,813 7,929 |
2021 Total funds £ - |
|---|---|---|
| 1,209 7,237 |
||
| 8,446 - |
||
| 8,446 | ||
| 8,446 | ||
| 8,446 | ||
| 7,695 751 |
||
| 8,446 |
The financial statements were approved by the Board of Trustees on 16/1/23 and signed on its behalf by:
P N Cornell
Trustee
The notes form part of these financial statements
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
1. Accounting policies
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Expenditure
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.
Tangible fixed assets
Capital expenditure under £500 is not capitalised. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - 25% per annum straight line basis
Stock
Stock, which consists of publications held for resale, is valued at the lower of cost and net realisable value.
Taxation
The charity is exempt from tax on its charitable activities.
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Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Going concern
The Trustees consider that the CIO has sufficient resources and there are no material uncertainties about its ability to continue. Accordingly, the Trustees continue to adopt the going concern basis in preparing the financial statements.
2. Support costs
| Support costs | ||
|---|---|---|
| Management £ Support costs 14,425 Trustees’ remuneration and benefts Trustees’ salaries Trustees’ pension contributions Total remuneration and benefts |
Governance Other costs Total £ £ £ 110 - 14,535 2022 2021 £ £ 10,599 9,807 1,170 1,123 £11,769 £10,930 |
Total £ 14,535 |
| 2021 £ 9,807 1,123 |
3. Trustees’ remuneration and benefits
Samantha Meadows received remuneration in the year until 30 July 2022 in accordance with the charity’s governing document. The remuneration was for the provision of administrative services above those of a Trustee’s duties.
4. Staff costs
The average monthly number of employees during the year was 1 (2021: 1). No employees received emoluments in excess of £60,000.
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NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2022
| 5. Tangible fxed assets Cost At 1 September 2021 and 31 August 2022 Depreciation At 1 September 2021 Charge for year At 31 August 2022 Net book value At 31 August 2022 At 31 August 2021 6. Debtors: amounts falling due within one year Prepayments and accrued income Unrestricted funds Restricted funds 7. Creditors: amounts falling due within one year Taxation and social security - Other creditors |
Fixtures and fttings £ 1,301 1,301 - 1,301 - - 2022 2021 £ £ 811 761 340 448 1,151 1,209 2022 2021 £ £ - - - - - |
|---|---|
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NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2022
8. Movement in funds
| Movement in funds | |||
|---|---|---|---|
| Net | |||
| movement | |||
| At 1.9.21 | in funds | At 31.8.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Unrestricted | 7,695 | (1,579) | 6,116 |
| Restricted funds | |||
| Restricted | 751 | 1,062 | 1,813 |
| TOTAL FUNDS | 8,446 | (517) | 7,929 |
| Net movement in funds included in the above are as follows: | |||
| **Incoming ** | **Resources ** | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | 12,956 | (14,535) | (1,579) |
| Restricted funds | 3,835 | (2,773) | 1,062 |
| TOTAL FUNDS | 16,791 | 17,308 | (517) |
| Comparatives for movement in funds | |||
| Net | |||
| movement | |||
| At 1.9.20 | in funds | At 31.8.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Unrestricted | 4,610 | 3,085 | 7,695 |
| Restricted funds | |||
| Restricted | 427 | 324 | 751 |
| TOTAL FUNDS | 5,037 | 3,409 | 8,446 |
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NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2022
8. Movement in funds - continued
Net movement in funds included in the above are as follows:
| **Incoming ** | **Resources ** | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | 15,180 | (12,095) | 3,085 |
| Restricted funds | 6,735 | (6,411) | 324 |
| TOTAL FUNDS | 21,915 | (18,506) | 3,409 |
9. Related party disclosures
Salary was paid to Mrs S Meadows until 30 July 2022 and pension contributions for her benefit as indicated at note 3. Mileage expenses were paid to Mr T Sture of £nil (2021, £54).
Donations by persons connected to the Trustees totalled £2,500 (2021, £4,880).
There were no other related party transactions for the year ended 31 August 2022 (2021, Nil).
10. Restricted funds
| Bristol School of Christian Studies Missioner fund – Wrights Missioner fund – general Totals |
2022 £ 427 1,294 92 1,813 |
2021 £ 427 164 160 |
|---|---|---|
| 751 |
The funding body for the Bristol School of Christian Studies no longer exists, and the Trustees are exploring means of using the funds provided to meet the terms attached to the donation.
The “Missioner fund – Wrights” was set up as a channel for support provided to Matt and Rachel Wright who were full-time Missioners from February 2021 to November 2022. The majority of their funding was gradually channelled via Stewardship, but some giving continues via Inspire until October 2022.
The “Missioner fund – general” was set up to receive donations towards the future work of unspecified Missioners who will require support in their work.
Inspire Movement CIO 1156218
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Annual Report 2021-22
Inspire Movement CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
| Income and endowments Donations and legacies Charitable activities Donations Total incoming resources Expenditure Charitable activities Charitable expenditure Support costs Management Trustees’ salaries Pensions Travel Insurance Printing, postage and stationery Sundries Finance costs Depreciation - fxtures and fttings Other Subscriptions Governance costs Accountancy and legal fees Total resources expended Net (expenditure) / income |
2022 £ 2,709 10,247 12,956 - 10,599 1,170 - 474 1,976 57 149 - 14,425 110 - 14,535 (1,579) |
2021 £ 634 14,546 |
|---|---|---|
| 15,180 | ||
| - | ||
| 9,807 1,123 54 481 294 170 56 - |
||
| 11,985 | ||
| 110 | ||
| - | ||
| 12,095 | ||
| 3,085 |
Inspire Movement CIO 1156218
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Annual Report 2021-22