## _**Worship and Leadership Academy 2023**_
# **Worship and Leadership Academy**
# **Report of the Trustees and Financial Statements for the year ended 5[th] April 2023**
**Charity Information :** Registered Charity Number 1163747 Trustees Rev Dr Andrew Hardy Christopher Robert Page Joshua Daniel Kindness Registered Office Bethel Church Spon End Coventry CV1 3HB Independent Examiner Gavin Kibble 1 Kineton Road Coventry CV2 3NR
1
_**Worship and Leadership Academy 2023**_
**Worship and Leadership Academy Report of the Trustees and Financial Statements for the year ended 5[th] April 2023**
|Contents|Page|
|---|---|
|Report of the Trustees|3 - 5|
|Independent Examiners Report|6|
|Statement of Financial Activities|7|
|Statement of Assets and Liabilities|8|
|Notes to Financial Statements|9 - 10|
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## _**Worship and Leadership Academy 2023**_
## **Trustees Report**
The trustees submit their report for the year ended 5[th] April, 2023.
## **Introduction**
Over the last yearThe Worship and Leadership Academy has focussed less on training due to the impact of COVID-19 on the education sector and internal capacity. However at it’s core it still continues to seek to train the UK Church and broader Christian through one-off seminars, events, formal and otherwise. WLA has also continued its support of the Oasis Café project, facilitating the raising of grants for the café project and relocating to new premises. The Café project is now one of its core projects alongside the ‘Incredible Edible’ gardening project.
## **Major Activities and Achievements**
The accounting year for the WLA CIO runs to April 5[th] of each year. The main activity of the WLA is the provision of community facing projects and ministry training for church-based organisations and individuals.
- BA (Hons) Theology & Mission - in partnership with our course material provider Formission College, Birmingham (accredited by Newman University). There has been very little engagement as Formission has struggled for student numbers post-Covid.
- Hands-On – our very own in-house, part time training course is designed to encourage students into learning and practical ministry but can also act as an access course to the BA (Hons). Student numbers have also been limited for the same reasons.
- A community café (Oasis) which continues to provide an essential community space where people from all backgrounds, many with learning difficulties are welcomed and accepted. This operates at a small loss still – but is managed and visible.
- Incredible Edible gardening project seeks to bring people together around gardening and providing free fresh fruit and vegetables to the local community.
- The Trustees ‘Friends of WLA’ scheme has continued with a small number of faithful donors.
The Trustees of the WLA are putting in place a range of measures to increase awareness of the current training offering and looking to expand this to reach a wider audience.
The Oasis Café project has benefitted from external grant funding which helped with the move to a new location with much lower costs. Staff at the café continue to be employed through lottery funding which runs until April 2023. Other outgoings for WLA consist of;
- Donations to non-WLA projects and people in line with the charity’s constitution
- Food hygiene training and first aid training for café staff
- • Subsidising ad-hoc training when it arises
In addition to supporting various training and seminar activities, the WLA CIO also has general costs to pay out which include:
## **Trustees Report (continued)**
- Lecturer fees for Hands-On
- Expenses for mileage/meeting attendance
- Books for the in-house library
- Monthly software subscription costs
- Café costs (lease, domestic bills, insurance)
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## _**Worship and Leadership Academy 2023**_
## **Trustees Report (continued)**
The WLA runs out of Bethel Church, Coventry and currently does not attract any facility hire costs, which is a huge bonus for a relatively new CIO.
## **The Upcoming Year**
The Trustees have secured the medium term future for Oasis Café although this still needs to attract more revenue and/or gran funding to secure its long term future
Such areas for potential income might include:
- Creating a greater awareness of the current offering
- Exploring the possibility of a gap-year programme in partnership with ForMission College where participants can access student finance ot cover the costs
- Expanding the current Oasis Café offering to a wider range of people in the community
- Recruiting more students for our core courses (e.g. BA/Hands-On).
## **Financial Summary**
The net balance of funds as of 5th April 2022 stands at: £17,868 (2022: £19,952). This decrease was largely due to costs associated with the café project and the decrease of training income.
## **Risk Policy**
The trustees have identified the risks which might affect the charity and have provided relevant training as advised. The trustees review the charity’s policies and procedures regularly to minimise any risks identified.
## **Reserves Policy**
The trustees’ policy is to review the reserves of the charity on a regular basis. This review encompasses the nature of income and expenditure streams, and the trustees have determined that a general reserve of one month’s unrestricted expenditure should be maintained. At the end of this year this target is £1,924 (2022 : £1,056). The unrestricted cash balance at the year-end of was £6,919 (2022: £18,072).
30 01 2024 **Signed on behalf of the Trustees ___________________** Date **___/___/___**
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## _**Worship and Leadership Academy 2023**_
## **Independent examiner’s report to Trustees of Worship and Leadership Academy**
I report on the accounts for the year ended 5[th] April, 2023 which are set out on pages 6 to 10.
## **Respective responsibilities of the trustees and the examiner**
The trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the General Directions given by the Charity Commissioner section 145 (5) (b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **Basis of Independent Examiner’s Statement**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes considering any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts.
## **Independent examiner’s statement**
In connection with my examination, no matters have come to my attention:
- (1) which give me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 130 of the 2011 Act; or
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
________________________________
Gavin Kibble 30[th] January, 2024 1 Kineton Road, Wyken, Coventry, CV2 3NR
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## _**Worship and Leadership Academy 2023**_
## **Statement of Financial Activities for the year ended 5[th] April, 2023**
||2023
2022|
|---|---|
|.|Unrestricted
Restricted
Total
Unrestricted
Restricted
Total|
|Note|Funds
Funds
Funds
Funds
Funds
Funds|
|**Incoming Resources:**|£
£
£
£
£
£|
|Donations and Grants
2|380
24,760
25,140
710
10,125
10,835|
|Charitable Activities
3|10,678
-
10,678
16,793
-
16,793|
|Other Income
4|4,671
-
4,671
556
-
556|
|**Total Incoming Resources**|**15,729**
**24,760**
**40,489**
**18,059**
**10,125**
**28,184**|
|||
|**Resources Expended:**||
|Expenditure on Charitable Activities
5|15,829
19,389
35,218
9,731
8,677
18,408|
|Management and Administration
6|7,256
99
7,355
2,938
-
2,938|
|**Total Resources Expended**|**23,085**
**19,488**
**42,573**
**12,669**
**8,677**
**21,346**|
|||
|Net incoming/(outgoing) resources before
transfers|(7,356)
5,272
(2,084)
5,390
1,448
6,838|
|||
|Transfers between funds|(3,798)
3,798
-
-
-
-|
|||
|Net incoming/ (outgoing) resources|(11,153)
9,070
(2,084)
5,390
1,448
6,838|
|||
|Reconciliation of funds :||
|Total funds brought forward|18,072
1,880
19,952
12,682
432
13,114|
|||
|**Total funds carried forward**
9|**6,919**
**10,950**
**17,868**
**18,072**
**1,880**
**19,952**|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
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## _**Worship and Leadership Academy 2023**_
## **Statement of Assets and Liabilities as at 5[th] April, 2023**
||Note|
Unrestricted|Restricted|Total Funds|
Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|---|
|||Funds|Funds|2023|Funds|Funds|2022|
|**Monetary Assets**||£|£|£|
£|
£|£|
|Cash at bank and in hand||6,919|10,950|17,868|
18,072|
1,880|19,952|
|**Other Assets**||||||||
|Unclaimed gift aid||272|-|
272|
177|
-|
177|
|**Liabilities**||||||||
|Sundry creditors||350|-|
350|
300|
-|
300|
The financial statements were approved by the trustees on / / and were signed on its behalf by : 30 01 24
________________________
on behalf of the Trustees
The notes on pages **8 to 10** form part of these financial statements.
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## _**Worship and Leadership Academy 2023**_
## **Notes to the Financial Statements for the year ended 5[th] April, 2023**
## **1: Accounting Policies**
## **Basis of preparing the financial statements**
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. The accounts have been produced in the receipts and payments basis.
## **Incoming resources and resources expended**
All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Expenditure is accounted for on an income and expenditure basis and has been classified under headings that aggregate all costs related to that category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Going Concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charity’s objectives at the discretion of the trustees. Restricted funds can only be used for the particular purposes specified by the donor or when funds are raised for particular restricted purposes.
|**2:**
**Donations and Grants**|Unrestricted
Restricted
Total Funds
Total Funds|
|---|---|
||Funds
Funds
2023
2022|
||£
£
£
£|
|Income from grants and donations|380
24,760
25,140
10,835|
|Gift aid recovered|-
-
-
-|
||380
24,760
25,140
10,835|
|||
|**3:**
**Income from Charitable Activities**|Unrestricted
Restricted
Total Funds
Total Funds|
||Funds
Funds
2023
2022|
||£
£
£
£|
|Oasis café|8,378
-
8,378
13,708|
|Allotment project/ Incredible Edibles|-
-
-
10|
|Bonhoeffer training programme|2,300
-
2,300
1,950|
|Courses income|-
-
-
1,125|
||10,678
-
10,678
16,793|
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## _**Worship and Leadership Academy 2023**_
## **Notes to the Financial Statements for the year ended 5[th] April 2023 (continued)**
|**4:**|**Other Income**|**Other Income**|Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|Funds|2023|2022|
||||£|£|£|£|
||Missions programmes||2,850|-|
2,850|280|
||Other income||1,821|
-|
1,821|
276|
||||4671|
-|
4671|
950|
||||,|
|
,|
|
||||||||
||||||||
|**5:**|**Expenditure on Charitable Activities**||Unrestricted|Restricted|Total Funds|Total Funds|
||||Funds|Funds|2023|2022|
||||£|£|£|£|
||Café running costs||11,108|
-|
11,108|8,942|
||Café wages costs||-|
15,729|
15,729|8,522|
||Allotment costs||77|
-|
77|
-|
||Mission costs||2,520|-|
2,520|483|
||Creation Fest||2,124|-|
2,124|
-|
||Warm Hub costs (contribution to utility costs)||-|
3,660|
3,660|
-|
||Teaching costs||-|
-|
-|
461|
|||||
|
|
|
||||15829|
19389|
35218|
18408|
||||,|
,|
,|
,|
||||||||
|**6:**|**Management and Administration Costs**||Unrestricted|Restricted|Total Funds|Total Funds|
||||Funds|Funds|2023|2022|
||||£|£|£|£|
||Expenses||811|-|
811|
704|
||Administration Wages||4,174|
-|
4,174|
305|
||Insurance||632|
-|
632|
-|
||Advertising||60|
99|
159|
-|
||Software and IT services||1,104|-|
1,104|
1,093|
||Independent Examination||300|-|
300|
300|
||Training||115|
-|
115|
536|
||Travel||60|
-|
60|
-|
|||||
|
|
|
||||7256|
99|
7355|
2938|
||||,|
|
,|
,|
## **7: Staff and Staff Costs**
The average monthly headcount was 2 (2022 : 1) and the average monthly full time equivalent headcount (including part-time staff) was 2 (2022 : 1).No employee received a salary in excess of £60,000.
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## _**Worship and Leadership Academy 2023**_
## **Notes to the Financial Statements for the year ended 5[th] April 2023 (continued)**
|**8:**
**Movement of Restricted Funds**|Balance
Balance
Balance|
|---|---|
||06/04//21
Income
Expenditure
06/04/22
Income
Expenditure
Transfers
05/04/23|
||£
£
£
£
£
£
£
£|
|Oasis Café|432
10,125
(8,677)
1,880
10,150
(15,828)
3,798
-|
|Severn Trent Grant|-
-
-
-
9,950
-
-
9,950|
|Community Matters Grant|-
-
-
-
3,660
(3,660)
-
-|
|Oasis Café Furniture|-
-
-
-
1,000
-
-
1,000|
|Total Restricted Funds|432
10,125
(8,677)
1,880
24,760
(19,488)
3,798
10,950|
Description of Restricted Funds :
- Oasis Café **:** These are funds specifically received in the form of grants to support the running of the café.
- Severn Trent Grant : This grant is intended to refurbish the new café space
- Communtiy Matters Grants : Funds available to operate a “Warm Hub”
- Oasis Café Furniture : Grant to purchase furniture for the café.
## **9: Trustees Remuneration and Expenses**
The charity trustees were not paid or received any other benefits from employment with the Charity in the year (2022: nil) neither were they reimbursed for expenses relating to their roles as trustees during the year (2022: nil).
## **10: Related Party Transactions**
Mrs H Kindness, the wife of one of the trustees received £480 for bookkeeping services. (2022: £305).
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