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|||Contents||
|---|---|---|---|
||||Page|
|Trustees' Annual
Report|||2|
|Objectives, public benefit and activities|||2|
|Achievements
and performance|||3|
|Financial review|||3|
|Structure, governance
and|management||4|
|Reference and administration
details|||5|
|Trustees' declaration|||5|
|Financial Statements||||
|Statement ofFinancial Activities||||
|Statement ofFinancial Position||(Balance Sheet)||
|Statement ofCash Flows||||
|Notes tothe Financial Statements|||9|
|1.
Basis ofpreparation|||9|
|2,
Accounting
policies|||9|
|3.
Income breakdown|||11|
|4.
Expenditure
breakdown|||11|
|S.
Trustee remuneration|and related party transactions||14|
|6.
Preparation
and examination||ofthe financial statements|15|
|7.
Employees|||15|
|B.
Pensions|||16|
|9.
Tangible assets|||17|
|10.Debtors and prepayments|||17|
|11.Cash at hand andin bank|||17|
|12.Creditors and accruals|||17|
|13.Funds|||18|
|14. Grants over E1,000from institutions|||19|
|15.Grants to institutions|||19|
|16.Operating
lease|||19|
|17. Capital commitments|||19|
|Independent
Examiner's
Report|||20|
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|||Unrestr)cted|Funds||||—
Restr(cted Funds|—
Restr(cted Funds|—
Restr(cted Funds|———|———|———|———|———||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||edgnated
Capital|-|Arfse
Community||Famlges
Outreach||luds Matter|Parson|Crass|Generosity|Pot|Total|2022|Total|2021|
|||6|6||6||6|||6||6||||||
|income from:||||||||||||||||||
|Donations 6grants|3.1|75,305|||||||||||685||77,990||91,924|
|Charitable
activities|3.2|||||||||||||||||
|Other trading activities|3.3|243|||||||||||||243||5,685|
|Investments
(Bank interest)||133|||||||||||||133||19|
|Total Income|||||||||||||685||78+$7||97+28|
|Expenditure on:||||||||||||||||||
|Charitable activities:||||||||||||||||||
|Staff|4.1|42,667|||||||||||||44,710||42,318|
|Ministry|4.2|11,451|||||||34||3,789||||15,575||8,051|
|Venue|4.3|5,630||202|||||||||||5432||17,864|
|Administration|4.4|10,131|||||||||||3||10,134||7,186|
|Independent
examiner|4.5|500|||||||||||||500||300|
|Charitable
Gifts|4.6|4.488|||||||||||330||4,818||13,347|
|Total Expenditure||74dus||202|||||334||3,789||333||&1+69||89,065|
|Net Inoome /(Expenditure)||814|||||(2,043)||1,666|(3,789)|||357||(3~2)||8,562|
|Gross transfers between funds|4.7|1,038|(1,038)|||||||||||||||
|Net movement
in funds||tdlsl|(2440)||||(2,043)|||(3,789)|||352||(3W2)||BM2|
|Total funds at01January 2022||54,769|3,580|||24||2,043|||4,519||416||65,351||56,789|
|Funds at31December 2022|||||||||||730||768||62,149||65452|
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|||||Unrestricted|Unrestricted|Funds|||———
-—Restricted|———
-—Restricted|———
-—Restricted|———
-—Restricted|Funds|—————|—————||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||General||Designated-
Capital||Arise
Community||Families
Outreach||Kids Matter||Parson Cross|Generosity|Pot|Total 2022|Total 20Z1|
||||Notes|f||f||f||f|||||||||
|Fixed Assets|||||||||||||||||||
|Equipment,|fixtures|&fittings|9||||2,340||||||||||2,340|2,542|
|Current Assets|||||||||||||||||||
|Debtors|||10||15,425|||||||||||104|15,528|5,028|
|Cash at bank and in||hand|11||42,362||||24||||1,666|730||665|45,447|59,487|
||Tots
I current assets||||57,787||||24||||1,666|730||768|60,975|64,515|
|Liabilities|||||||||||||||||||
|Creditors;|Amounts
falling due
.within one year||12.1|(1,167)|||||||||||||)1,167)|)1,706)|
||Net current assets||||56,620||||24||||1,666|730||768|59,809|62,809|
|Total assets less current||liabilities|||56,620||2,340||24||||1,666|730||768|62,149|65,351|
|Creditors:|Amounts|falling due|||||||||||||||||
|after|more than one year||12.2||||||||||||||||
|Total net assets|||||56,620||2,340||||||1,666|730||768|62,149|65,351|
|Funds|||||||||||||||||||
|Unrestricted
Funds|||||56,620||2,340||||||||||58,960|58,349|
|Restricted|Funds||||||||24||||1,666|730||768|3,188|7,002|
|TotalFunds|||||56,620||2,340||24||||1,666|||768|62,149|65,351|
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||6|6|
|Reconciliation ofnet income/(expenditure)||||tonet cash|||
|flow from operating|activities||||||
|Net income / (expenditure)||for the year|||(3,202)|8,562|
|Adjustments
for:|||||||
|Depreciation
charges|||||810|292|
|Interest receivable|||||(133)|(19)|
|(Increase)/decrease|in Debtors||||(10,501)|9,756|
|Increase/(decrease)|ln Creditors||||(539)|(7,203)|
|Net cash provided
by /(used||In) operating|activities||(13,565)|11,388|
|Statement ofcash|flows||||||
|Met cash provided by/(used||in) operating|activities||(13,565)|11,388|
|Cash flows from Investing activities|||||||
|Bank interest|||||133|19|
|(Purchase oftangible|assets)||||(608)|(2,834)|
|Sale oftangible fixed|assets||||||
|Loss / (Gain) on sale|ofassets||||||
|Change In cash Inthe year|||||(14,040)|8,573|
|Cash at bank and in hand at||beginning ofthe||year|59,487|50,914|
|Cash atthe end ofthe year|||||45W7|59,487|
|Analysis ofcash at|year end||||||
|Petty cash|||||103|123|
|Cash at CAP Bank|||||45,344|59,363|
|Total cash held||||||sly|
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||Gifts In kind|Gifts In kind||Gifts in kind are accounted for at a reasonable
estimate oftheir value|
|---|---|---|---|---|
|||||tothe Church orthe amount
actually realised.|
|||||Gifts in kind for sale or distribution
are included
in the accounts as|
|||||gifts only when sold or distributed
by the Church.|
|||||Gifts in kind for use by the charity are included
in the SoFAas income|
|||||when receivable.|
||Donated|sendces and||These are only included
in incoming resources
(with an equivalent|
||fadlltles|||amount
in resources expended) where the benefit tothe charity is|
|||||reasonably
quantifiable,
measurable
and material.
The value placed|
|||||on these resources isthe estimated
value tothe charity ofthe service|
|||||orfacility received.|
||Volunteer|help||The value ofany voluntary
help received is not Included
in the|
|||||accounts but is described
in the trustees'
annual
report.|
||Investment||Income|This is included
in the accounts when receivable.
Itconsists only of|
|||||bank interest.|
|23|Expenditure|and Uabiiities|||
||Uabllity recognltlon|||Uabilities are recognised
as soon asthere is a legal or constructive|
|||||obligation
committing
the Church to pay out resources.|
||Gifts and|grants||Where the Church gives a grant either with conditions for its|
|||||payment
being a specific level ofservice or output to be provided or|
|||||with no conditions,
such grants are recognised
in the SoFAas soon as|
|||||they have been paid tothe recipient.|
|2.4|Pension Costs||||
||Employer|||Employer contributions
to are charged to expenditure
each month.|
||contributions|||This applies to all eligible employees
whether or not they have signed|
|||||up tothe staff pension scheme.
All contributions
payable tothe|
|||||pension scheme are paid when due.|
|2.5|Assets||||
||Properties|||Todate the Church owns no properties.|
||Equipment,||Fixtures|These are capitalised
ifthey can be used for more than one year, and|
||and Fittings|||cost at least f500. They are valued at cost or a reasonable
value on|
|||||receipt.|
||DePredation|||Depreciation
is provided at rates calculated to write offthe cost less|
|||||residual
value ofeach asset over its expected useful life as follows:|
|||||Equipment,
fixtures and fittings - 25SSper annum
straight
line.|
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|||||U~ Funds|U~ Funds||||Restricted Funds||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Desfgruned-
Capltal|Arise
Community|Famfses
Outreach||Kids Matter|Parson Cross|eenerosay|Pot|Total|2022|Total|2021|
|||||6|f|E|6|||E|E|||f||E|
|g|Income breakdown|iwhere requiredj|||||||||||||||
|3.1|Donations fr grants||||||||||||||||
||Members'
committed
Other offerings
Gift-aid tax recovery|giving||61.635
50
13,620||||||||581
104||61,635
631
13,724||67,779
8,310
15,835|
||Grants from organisations|||||||||||||2,000|||
|||||75,305|||||2,000|||685||77,990||91,924|
|3.2|Charitable
acthrfties||||||||||||||||
||There was no income from charitable|||activities during the year|||||||||||||
|3.3|Other trading activities||||||||||||||||
||teitlngs
Sale ofOffice Equipment||||55
114|||||||||55
114||2,202
3,478|
||Miscellaneous||||75|||||||||75||5|
||||||243|||||||||243||5,685|
|4|Bfnendlture
breakdown||(where|required)|||||||||||||
||Charitable
acthrtties:||||||||||||||||
|4.1|Staff||||||||||||||||
||Payrog - core employees
Payrog - other employees|||32875
8/96||||2,043||||||32,875
10,938||37,083
4,657|
||Staff expenses||||897|||||||||897||577|
|||||42,667||||2Al43||||||44710||42+18|
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||||Unrestricted|Funds||||Restricted|Funds||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Deslgneted-
Capltal||Arise
Community|Famiges|Kids Matter||Parson|Cnws|aeneroslty|Pot|Total||2022|Total|2021|
|||||E||E|6|f||E||E|||f|||f|
|4.2|Ministry||||||||||||||||||
||Whole church gatherings||5,184|||||||||||||5,184||1,545|
||PA/Worship||22I51|||||||||||||2,851||4,459|
||Youth, Children &families||1,528|||||||||||||1,528||378|
||Leaders &members|training||||||||||||||||270|
||Pastoral support|||||||||||||||||391|
||Hospltagty||147|||||||||||||147||219|
||Kids Matter|||||||||||||||334|||
||Mission Focus - Parson Cross||266||||||||3,789|||||4,D55||186|
||Pitsmoor mission &|gatherings|347|||||||||||||347|||
||Other mission activity||665|||||||||||||665|||
||||11,451||||||334|||||||15,575||8,051|
||Venue||||||||||||||||||
||Business rates||109|||||||||||||109||54|
||Lease of Buildings||4,600|||||||||||||4,600||16,480|
||Insurance||325|||||||||||||325||901|
||Utgities|||||||||||||||||1,523|
||Telephone &broadband|||||||||||||||||470|
||Worship Bcences||474|||||||||||||474||458|
||Waste cosectlon|||||||||||||||||387|
||Repairs &sundries||122|||||||||||||||1,156|
||Events sundries|||||||||||||||||15|
||Capitagsed additions||||(608)|||||||||||(608)||(2,834)|
||Capitalised
disposais|||||||||||||||||(1,038)|
||Depreciation||||810|||||||||||810||292|
||||5,630||202|||||||||||5,832||17,864|
||Adminhtration||||||||||||||||||
||stationery,
ofyne rupplies, software, bank chr||451|||||||||||||455||1,407|
||IT||&424|||||||||||||1,424||259|
||Communications||384|||||||||||||||481|
||Accountancy
Fees||72I72|||||||||||||7,872||5,040|
||Contingencies
&misceganeous||||||||||||||||||
||||10,131||||||||||3|||1D,134||7,186|
|4.5|independent
Examiner|||||||||||||||||300|
|||||||Stphilip's|Church, SheNehl||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Notes tothe|financial statements||||||||||
|||||Unrestricted|Funds||Restricted Funds||||||||||
|||||General|Capital
Arise||Females
Kids|Matter|Parson Cross|Generosity Pot|Total||2022|Total||2021|
||||||E|6|8|6|8|6||5|||6||
|4.6|Charitable
gifts||||||||||||||||
||All Nations|Student - Susie Boyce||||||||||||||353|
||Arise|||||||||||||||645|
||Baptist Union||||||||||||186|||14|
||India crisis||||||||||||800|||200|
||The Promised||Land||||||||||331||||
||Safe Families|||||||||||||||384|
||Sheffield Diocese|||1,750|||||||||1,750|||2,500|
||5t Luke's Hospice|||||||||||||||1374|
||Westways|Primary School||||||||||||||1,536|
||Wilson Stairllft|||||||||||||||3,775|
||YBA Home|Mission 8 other YBA||1,750|||||||||1,750|||2,566|
|||||4,488|||||||||4818|||13347|
|4.7|Transfers||||||||||||||||
||Surplus on|disposal ofassets||1,038|(1,038)||||||||||||
|||||1,038||1,038|||||||||||
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|Trustee Remuneration
and related|party tra|nsacti|ons|||||
|---|---|---|---|---|---|---|---|
|Reimbursements||||||2022|2021|
|Travel and other out ofpocket expenses were reimbursed||totrustees as|||follows.|||
|Number oftrustees reimbursed||||||4|2|
|||||||g|S|
|Training for ministry||||||414||
|Church activities||||||829|740|
|Staff expenses a hospitality||||||230|209|
|Venue and office sundries||||||1,332|439|
|||||||2,804|1,388|
|Pay and benefits||||||||
|During the year 3ofthe trustees and 1spouse ofatrustee were|||paid for||their services as employees.|||
|They benefitted
as follows:||||||||
|||—
2022||——||—
2021—||
||Salary|||Pension||Salary|Pension|
||||Contributions||||Contributions|
|||S||S||g|S|
|David Ducker (Joint Church Leader)|12,919||||881|11,565|786|
|Sarah Ducker (Joint Church leader)|13,213||||901|11,565|786|
|Frances Hall (Administrator)||401||||||
|Rowan Holt (Youth Enabler)||570||||||
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|These statements
have been prepared|These statements
have been prepared|by an|outsourced|accountant|accountant|who prepares the Church's|who prepares the Church's|
|---|---|---|---|---|---|---|---|
|monthly accounts.
They have been examined|||by an independent||examiner.|||
|||||||2022|2022|
|||||||8|6|
|Provision for Independent|Examiner's|fee &costs||||500|300|
|Employees||||||||
|No employee earned more|than E60,000during the year.|||||||
|||||||2022|2021|
|Payroll costs||||||g|g|
|Central Ministry aAdministration||||||32,875|37,083|
|Familes Outreach||||||10,938|4,457|
|Events Manager||||||0|200|
|||||||43,813|41,741|
|Payroll breaks down as:||||||||
|Gross pay to employees||||||41,880|39,297|
|Employer's
national
insurance||||||1,246|1,119|
|Employment
Allowance||||||(1,246)|(1,119}|
|Statutory Maternity
Pay recoverable
from HMRC||||||||
|Employer's
pension contributions||||||1,933|2,443|
|||||||43,813|41,741|
|Average head count||||||||
|Full-time employees||||||0,0|0.0|
|Part-time employees||||||5.8|4.3|
|||||||5.8|4.3|
|Full time equivalent
employees||||||||
|Central Ministry aAdministration||||||1.1|1.1|
|Familes Outreach||||||0.5|0.2|
|||||||1.6|1.3|
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||||||2021|
|---|---|---|---|---|---|
||Cost|||6|g|
||Broughtforward|||3,975|15,991|
||Additions|||608|2,834|
||Oisposais||||(14,850)|
||Total atthe,end ofthe year|||4,583|3,975|
||Depreciation|||||
||Brought forward|||1,433|15,991|
||On disposals||||(14,850)|
||Charge for the year|||810|292|
||Total atthe end ofthe year|||2,243|1,433|
||Net book value at the end ofthe||year||2.552|
||Net book value at the beginning||ofthe year|2,552||
|10|Debtors and Prepayments|||||
||Accounts receivable|||||
||Gift Aid - income tax|recoverable||15,004|4,304|
||Prepayments|||525|724|
||Sundry debtors|||||
|||||15,528|5,028|
|11|Cash at Sank and in Hand|||||
||Cash at Bank|||45,344|59,363|
||Cash in Hand|||103|123|
|||||45,447|59,487|
||Total Current Assets|||60,975|64,515|
|12|Creditors and Accruals|||||
|12.1|Creditors due within one year|||||
||Trade creditors|||(565)|285|
||Pension contributions|accrual||198|258|
||PAVE tax 8 national|insurance||223|389|
||Sundry creditors and|accruals||1,310|774|
|||||1,167|1,706|
|12.2|Creditors: amounts|falling due after more than one year||||
||There were no long term creditors|||||
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|mmenced
|employment|in August 2|021.|
|---|---|---|---|
|Opening
Balance|Income|Expended|Closing
Balance|
|E|E|E|E|
|2,043||(2,043)||
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|||Opening
Balance|Income|Expended|Closing
Balance|
|---|---|---|---|---|---|
|||E|E|E|E|
|Kids|Matter||2,000|(334)|1,666|
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|||Contents||
|---|---|---|---|
||||Page|
|Trustees' Annual
Report|||2|
|Objectives, public benefit and activities|||2|
|Achievements
and performance|||3|
|Financial review|||3|
|Structure, governance
and|management||4|
|Reference and administration
details|||5|
|Trustees' declaration|||5|
|Financial Statements||||
|Statement ofFinancial Activities||||
|Statement ofFinancial Position||(Balance Sheet)||
|Statement ofCash Flows||||
|Notes tothe Financial Statements|||9|
|1.
Basis ofpreparation|||9|
|2,
Accounting
policies|||9|
|3.
Income breakdown|||11|
|4.
Expenditure
breakdown|||11|
|S.
Trustee remuneration|and related party transactions||14|
|6.
Preparation
and examination||ofthe financial statements|15|
|7.
Employees|||15|
|B.
Pensions|||16|
|9.
Tangible assets|||17|
|10.Debtors and prepayments|||17|
|11.Cash at hand andin bank|||17|
|12.Creditors and accruals|||17|
|13.Funds|||18|
|14. Grants over E1,000from institutions|||19|
|15.Grants to institutions|||19|
|16.Operating
lease|||19|
|17. Capital commitments|||19|
|Independent
Examiner's
Report|||20|
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