# **TRUSTEES’ ANNUAL REPORT AND ACCOUNTS**
## **2022**
Saltisford Church is a Registered Charity 1159404
## **TABLE OF CONTENTS**
|**1.**|**GENERAL INFORMATION..................................................................................................1**|
|---|---|
|**2.**|**TRUSTEES’ REPORT...........................................................................................................2**|
|2.1.|Introduction..................................................................................................................... 2|
|2.2.|Structure, Governance and Management....................................................................... 2|
|2.3.|Objectives and Activities................................................................................................. 3|
|2.4.|Achievements and Performance..................................................................................... 5|
|2.5.|Financial Review.............................................................................................................. 5|
|2.6.|Future Plans.................................................................................................................... 6|
|**3.**|**INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF**|
||**SALTISFORD CHURCH.......................................................................................................7**|
|3.1.|Responsibilities and basis of report................................................................................ 7|
|3.2.|Independent examiner's statement................................................................................ 7|
|**4.**|**ACCOUNTS AND FINANCIAL STATEMENTS......................................................................8**|
|4.1.|Financial Activities........................................................................................................... 8|
|4.2.|Assets and Liabilities....................................................................................................... 9|
|4.3.|Notes to the Financial Statements................................................................................ 10|
|1.|Accounting Policies................................................................................................... 10|
|2.|Unrestricted Fund Payments Detail.......................................................................... 11|
|3.|Staff Costs................................................................................................................. 11|
|4.|Voluntary Receipts and Receipts from Charitable Activities..................................... 11|
|5.|Restricted funds........................................................................................................ 12|
|6.|Related Party Transactions....................................................................................... 13|
|7.|Contingent Liabilities................................................................................................. 13|
|8.|Ultimate Controlling Party......................................................................................... 13|
**SALTISFORD CHURCH ANNUAL REPORT AND ACCOUNTS 2022**
## **1. GENERAL INFORMATION**
Charity Registration Number 1159404 Trustees M Wells (Chairman) S E Foster (Secretary) R P Osborn J E Rose Treasurer S E Foster Address Albert Street Warwick CV34 4JX Independent Auditors Burgis & Bullock Chartered Accountants 23 –25 Waterloo Place Warwick Street Leamington Spa CV32 5LA Principal Bankers CAF BANK Limited Kings Hill West Malling Kent ME19 4TA
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**SALTISFORD CHURCH ANNUAL REPORT AND ACCOUNTS 2022**
## **2. TRUSTEES’ REPORT**
## **2.1. Introduction**
The Trustees of Saltisford Church present their report and accounts for the period ended 31 December 2022. The accounts have been prepared on a Receipts and Payments basis.
Saltisford Church is an independent fellowship of Christians from Warwick, Leamington Spa and surrounding areas.
## **2.2. Structure, Governance and Management**
Saltisford Church was established as a Charitable Incorporated Organisation (CIO) under a Constitution dated 2 November 2014 and registered with the Charity Commission as Charity No 1159404. It is governed administratively, under the terms of Clause 11 of the Constitution, by a board of Trustees who are appointed by a resolution passed at a properly convened meeting of the Trustees.
The CIO is managed by four trustees:
- Mike Wells – Chair
- Steve Foster – Secretary
- James Rose
- Russell Osborn
The spiritual leadership of Saltisford Church is the responsibility of the Leaders of the Church. At the beginning of the year the Eldership comprised Ian Furlong, Mike Wells, Andy Fulcher, James Rose and John Morris.
At the end of April 2022, Ian Furlong and Mike Wells both retired from the Eldership of the Church.
In May 2022, by a resolution of the CIO Members of the Church, the title “Elder” or “Elders” was replaced with the title “Leader” or Leaders”.
In September 2022 the Transition Team was dissolved and the Leadership was expanded to include Jamie Moir, Celia Hilgenberg, Susannah Solt and Nick Cole. The enlarged Leadership Team has taken responsibility for the direction of the Church
There were two full-time salaried staff at the commencement of 2022. Ian Furlong, Senior Elder and Jamie Moir, Youth and Children’s Worker, who led and coordinated the work amongst children and young people. Ian Furlong retired at the end of April 2022.
The Charity’s centre of activity is the Church property in Albert Street, Warwick. Ownership of this property is vested in the CIO.
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**SALTISFORD CHURCH ANNUAL REPORT AND ACCOUNTS 2022**
## **2.3. Objectives and Activities**
Saltisford Church seeks to care for the current members of the fellowship and reaches out to others. It has three core objectives as summarized in the CIO Constitution:
1. The advancement of the Christian religion both in the United Kingdom and overseas.
2. The advancement of religious or other education.
3. The relief of the poor, sick or disabled.
Public benefit is specifically referred to in the CIO Constitution and the Trustees have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission in their decisions concerning the objectives of the charity. The ‘public’ has included men, women and children from the local community around Saltisford Church, other parts of Warwick and from the surrounding towns of Leamington Spa, Kenilworth and Stratford-upon-Avon; the ‘benefit’ has been in accordance with the aims and objectives of the charity as summarised above.
The operational impacts that the COVID-19 pandemic that struck the UK in March 2020 had on the programmes run by the Church had ceased by January 2022
The following summarizes the principal activities of the Charity in 2022 in fulfillment of the Objectives set out above:
- The Church met for an all-age, informal worship service each Sunday morning, in line with Objectives 1 and 2 above.
- Programme included worship, prayer and Bible teaching.
- Young persons' activities involving children’s Sunday morning ‘Bible Discovery’ groups and Teenage groups.
- Communion was shared approximately monthly.
- ‘Junior Church’ was held monthly involving young person’s prayer and worship.
- A prayer ministry team offers personal prayer each Sunday morning after the morning service.
- Week-day activities that are in line with all Objectives above:
- Cell groups were held each Tuesday evening and Wednesday morning, providing help, support and encouragement to individual members. These included a cell group for young people in the 20-30 age group and one for new Christians.
- A day-time midweek meeting was held each Wednesday at the Church, which included worship, prayer and Bible teaching.
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**SALTISFORD CHURCH ANNUAL REPORT AND ACCOUNTS 2022**
- Meetings for prayer were held each Wednesday lunchtime. There was a further weekly prayer meeting each Thursday morning.
- A women’s social gathering called Knit & Natter was held weekly on Friday mornings attended people from the congregation and the local community.
- A Women’s Breakfast event was held monthly on a Saturday morning for teaching, fellowship and mutual encouragement in the Christian Faith.
- Youth group activities were held each Friday evening in the Church premises from the beginning of the autumn school term.
- The Toddler group for parents and carers, called “Little Fishes” was held in the Church premises each Monday morning.
- Warwick District Foodbank, seeded by Trussell Trust, operated a foodbank from Saltisford Church and continued with distribution from the front door of the Church premises. The foodbank shifted its operation into the church building as Government COVID restrictions were eased during the year. This is in line with Objective 3 above.
- With the rapid increase in fuel costs combined with the significant increase in inflation, from October 2022 we joined the local Warm Spaces initiative locally, opening the Church Building on Monday afternoons and Thursday and Friday all day.
- Also in line with Objective 3 was relief to families both within the Church fellowship, the community and overseas as a result of the Ukraine War.
- Moldova Mission
- Release International
- Other activities consistent with Objectives 1 & 2:
- A Saturday morning children’s activity event was held called ‘Splat-a-day’ on a monthly basis.
- Work in local schools supporting Crossteach, a local charity focusing on teaching the Christian faith in schools with our Youth and Children’s Worker.
- Monthly craft evenings were held at the Church premises, including a Christian talk.
- UK and Overseas Christian mission work, consistent particularly with Objectives 2 & 3, involving both financial and prayer support included:
- Support to churches in Nepal and Moldova.
- Support to medical mission in Malawi, Madagascar and Nepal.
- Support to Christian relief work in Malawi and Mozambique.
- Support for theological training in India and Palestine.
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**SALTISFORD CHURCH ANNUAL REPORT AND ACCOUNTS 2022**
- Support for a Church plant in Manchester.
- Support to UK-based mission work such as Good News for Everyone, Counties, Crossteach and Thrive Ministries.
- Saltisford Church is a Junior Partner with Christians Against Poverty (CAP). CAP is a debt counselling working to alleviate debt and poverty. Saltisford is part of a network in the Leamington Spa and Warwick area and a number of the Saltisford congregation are active in debt counselling with CAP.
- UK work consistent with Objective 3 involving both prayer and financial support includes: `o` New Hope Counselling, a local Christian charity that provides an affordable counselling service available for all in Warwick, Leamington Spa and surrounding areas and operates from the Saltisford Church property.
## **2.4. Achievements and Performance**
In line with our core objectives, we are pleased to report the following during 2022: -
- The Sunday morning in-person services were conducted throughout 2022, whilst maintaining a live ZOOM link for those unable to attend in person.
- During 2022 the Saltisford Foodbank continued to operate to serve local people in need. Refer to Warwick District Foodbank Annual Report for further information.
- The monthly craft evenings held at the Church attracted attendances of around 12 people.
- The Little Fishes toddlers group restarted during the Spring Term and regularly attracted around 40 children.
- We reintroduced monthly Saturday-morning “Splataday” sessions for children and families. Based on this, we held a messy-church Christmas event on the last Sunday morning before Christmas and about 100 attended from all ages, from families who had come from Splataday and Little Fishes as well as regular church members.
- We gave £30,904 in support of Christian and aid work in other countries and a further £17,829 in support of local and national Christian work in the UK.
## **2.5. Financial Review**
The net receipts in the year, as shown in Section 4.1 amounted to £72,102, made up of payments of £71,610 from funds for use at the Church’s discretion and receipts of £492 from funds restricted for purposes specified by the donors.
Funds for the work of Saltisford come principally from voluntary donations from the congregation of the Church. In addition, some receipts come from charitable activities such as hire of the buildings, youth and toddler groups, and occasional meals.
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**SALTISFORD CHURCH ANNUAL REPORT AND ACCOUNTS 2022**
The reserves policy of the Trustees is to maintain sufficient funds for the ongoing activities of the Church for a period of three months. The normal fluctuations in income and expenditure indicate reserves for this purpose of approximately £30,000. Funds in excess of this level will, in the absence of any special need, be regarded as available for current use, with any major projects being funded by special appeals.
## **2.6. Future Plans**
Following the retirement of Ian Furlong, who served for nearly 20 years as the full-time elder of the church, a recruitment process took place for a new full-time leader. The process did not result in any appointment. Therefore, the focus was changed to expanding the leadership team. As set out Section 2.2, above, we now have a team of seven people who provide the overall leadership for the church. This team meets at least twice a month. During the early months of 2023, the church has appointed a part-time community worker, and a part-time church administrator. The leadership team will consider, in due course, whether to recruit someone into a paid leadership role.
The Trustees consider that the present strategies are working satisfactorily with activities that are enabling the Church to achieve its aims and objectives.
On behalf of the Trustees
M Wells Chairman 30 May 2023
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**SALTISFORD CHURCH ANNUAL REPORT AND ACCOUNTS 2022**
## **3. INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF SALTISFORD CHURCH**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022 which are set out on pages 9 to 14.
## **3.1. Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **3.2. Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- 2 the accounts do not accord with those records.
I have no concerns and have come across no other matter in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Wende Ann Hubbard FCCA
Burgis and Bullock Chartered Accountants 23 –25 Waterloo Place Warwick Street Leamington Spa CV32 5LA
30 May 2023
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**SALTISFORD CHURCH ANNUAL REPORT AND ACCOUNTS 2022**
## **4. ACCOUNTS AND FINANCIAL STATEMENTS**
## **4.1. Financial Activities**
## **STATEMENT OF FINANCIAL ACTIVITIES Receipts and Payments Account For the year ended 31 December 2022**
|Unrestricted
Note
Funds
£
**Receipts**
Incoming resources
Voluntary receipts
4,5
148,382
Interest received
749
Receipts from
charitable activities
4
5,664
**Total receipts**
154,794
**Payments**
Expenditure in furtherance of the charity's
objectives
Charitable activities
2,5
79,516
Gifts made
5
Governance costs
2
1,625
Asset and investment
purchases
2
2,044
**Total payments**
83,184
**Net Receipts/Payments**
**for the year**
71,610
Cash funds brought forward
at 1 January 2022
78,634
**Cash funds carried forward at**
**31 December 2022**
150,244||Unrestricted
Funds
£
148,382
749
5,664|Unrestricted
Funds
£
148,382
749
5,664|Restricted
Funds
£
65,922
250|Restricted
Funds
£
65,922
250|Total
2022
£
214,304
749
5,914|Total
2021
£
192,657
156
0|
|---|---|---|---|---|---|---|---|
|||||||||
||||154,794||66,172|220,966|192,813|
||||||6,285
59,318
77|85,800
59,318
1,702
2,044|109,666
55,693
2,194
0|
||83,184||||65,680|148,864|167,553|
|||||||||
||71,610
78,634||||492
25,235|72,102
103,869|25,260
78,609|
||150,244||||25,727|175,971|103,869|
The Notes in Section 4.3 form part of these financial statements.
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**SALTISFORD CHURCH ANNUAL REPORT AND ACCOUNTS 2022**
## **4.2. Assets and Liabilities STATEMENT OF ASSETS AND LIABILITIES At 31 December 2022**
|**Cash balances**
Cash in hand
Cash float
CAF Current account
CAF Gold account
CAF Card account
Kingdom Bank
**Other monetary assets**
CAF Donor cheques
Gift Aid tax reclaim due
**Assets retained for the charity's own use**
Land and buildings
Furniture and equipment
**Liabilities**
HMRC - PAYE and NI
Gift Aid to be refunded
Suppliers accounts|Note
1
1
1
1|Note
1
1
1
1|Unrestricted
£
40
0
100
102,878
455
46,771|Restricted
£
25,727|Total
2022
£
40
0
100
128,605
455
46,771|Total
2021
£
0
100
100
59,638
267
46,463|
|---|---|---|---|---|---|---|
||1
1
1
1||||||
||||150,244|25,727|175,971|103,869|
||||0|529|0
529|0
3,976|
||||0|529|529|3,976|
||||1,286,634
71,779|1,286,634 1,286,634
71,779
69,735|||
||||1,358,413|1,358,413 1,356,369|||
||||451
1,921
0|451
1,681
1,921
0
0
0|||
||||2,372|2,372
1,681|||
The financial statements in Section 4 were approved by the Trustees on 30 May 2023.
M Wells **Chairman**
Date 30 May 2023
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**SALTISFORD CHURCH ANNUAL REPORT AND ACCOUNTS 2022**
## **4.3. Notes to the Financial Statements**
## **1. Accounting Policies**
## **Basis of Accounting**
The Statement of Financial Activities has been drawn up on a receipts and payments basis.
## **Statement of Financial Activities**
Donations and other income are credited in the period in which they are received. These are analysed between unrestricted and restricted funds.
Expenditure paid out in the year is also assigned to unrestricted or restricted funds.
## **Statement of Assets and Liabilities**
**Cash funds** are listed in detail with amounts at 31st December 2022 which are in agreement with the balance carried forward on the Statement of Financial Activities.
**Other monetary assets** - CAF donor cheques still to be paid into church bank account and income tax recoverable under the gift aid scheme which had not been received by the end of the year.
**Assets retained for charity's own use** are stated at their current insured value.
**Liabilities** include PAYE and National Insurance due on December salaries but not yet paid to HMRC and suppliers accounts outstanding.
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**SALTISFORD CHURCH ANNUAL REPORT AND ACCOUNTS 2022**
## **2. Unrestricted Fund Payments Detail**
|Staff costs
Speakers expenses
Local outreach
Pastoral support
Training and resources
Youth & children’s work
Building and utilities
Equipment maintenance and purchase
Support and service costs
Legal, bank & accounts examiner fees
**Total unrestricted fund payments**||Charity
Costs
£
50,388
2,232
5,681
3,876
120
2,393
7,458
1,259
6,109|Charity
Costs
£
50,388
2,232
5,681
3,876
120
2,393
7,458
1,259
6,109|Governance
Costs
£
1,625|Governance
Costs
£
1,625|Asset
Purchases
£
2,044|2022
Total
£
50,388
2,232
5,681
3,876
120
2,393
7,458
3,302
6,109
1,625|2021
Total
£
86,179
754
4,914
0
0
1,325
4,370
6,097
6,027
2,042|
|---|---|---|---|---|---|---|---|---|
||||||||||
||||79,516||1,625|2,044|83,184|111,708|
## **3. Staff Costs**
|Salaries
Social Security costs
Pension costs
Recruitment and training
Expenses
Average number of full-time equivalent employees|**2022**
**2021**
£
£
43,893
75,166
2,272
3,920
3,013
5,425
1,000
0
209
1,667|
|---|---|
||50,388
86,179|
|||
||2
2|
No employee received emoluments of more than £60,000.
Pension costs are amounts paid to independent pension providers.
In common with many churches, a very significant part of the activities of the Church is staffed on a voluntary basis. The fellowship operates a lay ministry in all of its functions. The Trustees are all actively involved in Church activities.
## **4. Voluntary Receipts and Receipts from Charitable Activities**
Voluntary receipts are donations to the work of the church.
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**SALTISFORD CHURCH ANNUAL REPORT AND ACCOUNTS 2022**
Receipts from charitable activities arise from individuals and organisations paying for some church activities such as youth weekends, toddler groups and for hire of the buildings.
## **5. Restricted funds**
The income funds of the Church include restricted funds comprising the following unexpended balances of donations held on trust to be applied for specific purposes (figures include tax recoverable under gift aid which has been received from HMRC):
|At 1 January 2022
Incoming Resources:
Donations
Payments in furtherance of the
charity's objectives:
Gifts made
Costs
At 31 December 2022|Mission
Support
£
13,876
59,739
(53,655)
(111)|Specific
Gifts
£
2,094
6,433
(5,663)
(806)|Building
Fund
Total
£
£
9,264
25,235
0
66,172
(59,318)
(5,444)
(152)|
|---|---|---|---|
||19,849|2,058|3,820
25,727|
**Mission Support** is administered in a separate budget funded by gifts for that purpose. Expenditure comprises gifts made to organisations and individuals engaged in Christian work and is analysed below by the area served and type of recipient:
|Local
National
International
Total||Organisations
£
6,446
3,118
21,940|Individuals
£
7,178
0
14,973|2022
Total
£
13,624
3,118
36,913|2021
Total
£
48,733
4,024
30,904|
|---|---|---|---|---|---|
|||31,504|22,151|53,655|48,733|
**Specific Gifts** are those where the donor has requested that the gift be passed on to a specific individual or organisation or project. Such gifts are only accepted if the resulting payment is within the scope of the objectives of the Church.
During 2020, 2021 and 2022 appeals were made by the leadership of the church for help to people suffering as a result of the Covid-19 pandemic. Those who benefitted included church members, people living in the community and some whom we regularly support through our Mission Support fund.
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**SALTISFORD CHURCH ANNUAL REPORT AND ACCOUNTS 2022**
## **6. Related Party Transactions**
The Trustees received no remuneration or reimbursement of expenses during the year.
## **7. Contingent Liabilities**
The Church had no contingent liabilities or leasing commitments at 31 December 2022.
## **8. Ultimate Controlling Party**
The Church’s ultimate controlling party is the Board of Trustees.
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