2022-03-31-accounts - Springs Church (Gornal)

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Registered Charity no. 1171951

SPRINGS CHURCH (GORNAL) REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022

Page 1

SPRINGS CHURCH (GORNAL) CONTENTS PAGE FOR THE YEAR ENDED 31ST MARCH 2022

	Page
Reference and Administrative Details	3
Report of the Trustees	4 to 7
Independent Examiner's Report	8
Receipts and Payments Account	9
Statement of Assets and Liabilities	10
Notes to the Receipts and Payments Accounts	11 - 13

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SPRINGS CHURCH (GORNAL) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022

REFERENCE AND ADMINISTRATIVE DETAILS Registered charity number 1171951

Principal address

7 Zoar Street Dudley DY3 2PA

Trustees

Jonathan Robert Rowe Matthew Wildsmith Jennifer Louise Wade

Independent examiner

S A Reeves FCCA

page 3

SPRINGS CHURCH (GORNAL) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022

The Trustees present their report together with the financial statements of the charity for the year ended 31st March 2022.

Organisational structure

Springs Church (Gornal) is a charitable incorporated organisation registered with Charity Commission on 8th March 2017, registered no 1171951.

Governance and Management

Appointment of trustees:

There must be at least 3 trustees. Apart from the first trustee, every trustee must be appointed (for a term of 3 years) by a resolution of the trustees passed at a special meeting called under clause 15 of the charity trust document.
In selecting individuals for appointement as trustees, the trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.
The trustees must keep a record of the name and address and the dates of appointment, reappointment and retirement of each trustee.
The trustees must make available to each new trustee, on his or her first appointment: a. a copy of this deed and any amendments to it;

b. a copy of the charity's latest report and statement of accounts

The first trustees shall hold office for the following periods respectively: Jonathan Robert Rowe - three years Jennifer Louise Wade - three years Matthew Philip Wildsmith - three years

The board of trustees currently comprises three members who meet quaterly as a minimum.

Objectives and activities

The principle objectives of the charity are:

The advancement of religion for the public benefit in Gornal and the surrounding area, including assistance in the development of the Christian faith, emotional and spiritual support. In achieving its purpose, the charity will engage in a range of activities, either on its own or with others, including (but not restricted to):

●the celebration of public worship;
●the teaching of the Christian faith;
●mission and evangelism;
●pastoral work, including visiting the sick and the bereaved;

●the provision of facilities with a Christian ethos for the local community, including (but not restricted to) the elderly, the young and other groups with special needs: and

●the support of other charities in the UK and overseas.

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SPRINGS CHURCH (GORNAL) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022

Achievements and Performance

Coming out of a period of Lockdown in 2020, and part of 2021 we were delighted to start meeting as a church in-person from May 2021. We were able to resume normal services quickly, and have enjoyed a period of growth over the year as members of the church and community connected together again.

We have been able to revert to in-person ministries in many areas, growing our impact on the local community as we deliver our charitable aims. Highlights in the year have included:

In-person church services have averaged around 65 people each Sunday service as we rented a new facility within the village centre.
Our online presence has continued after lockdown as we shared recordings of services included delivering ministry messages on weekly basis and shared via Social Media platforms
Children’s work was re-established as we were able to share teachings, activities and games with children from the families in the church and wider community.
Away from main Sunday service activities we grew our small group ministry again where four groups spreading local geography, and serving different demographics were established. These groups provide the environment to grow the Christian faith and provide emotional well being.
Our community hub ‘Hope House’ remained very active over the year providing a regular service to the local community with attendance growing throughout the year. We delivered practical activities to support the local community, specifically the lonely and vulnerable. These activities included Cooking Classes, Garden renovations, food bank parcels, befriending services and hosting an Alpha class to explore the Christian faith.
Our seasonal events and initiatives were a great success allowing the church to integrate with many more people. This included providing to local children in poverty through an Operation Christmas Child scheme where members of the church bought gifts for children unlikely to receive any at home.
Our Free Debt Advice services team have remained very active over the year and have been able to support over 10 people in managing debt issues over the year.

Future Developments

We will be investing more time, effort and finances into providing ministry and services to the young people in the community – typically secondary school age. This will include youth events, regular activities and school chaplaincy.
We will be sharing the skills and talents of our musical team through the release of original worship music.

Page 5

SPRINGS CHURCH (GORNAL) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022

Financial review

The net unrestricted resources including designated funds before transfers for the year amounted to £18,220 (2021 net incoming resources £18,349). The net outgoing restricted resources before transfers for the year amounted to (£4,597) (2021 net outgoing restricted resources totalled (£1,187)). Transfers between funds are detailed in note 2 of the accounts. At 31st March 2022 unrestricted funds amounted to £61,946 (2021 £50,824), designated funds amounted to £13,193 (2021 £5,131) and restricted funds amounted to £956 (2021 £6,517)

Reserves and reserves policy

The policy agreed by the trustees is to aim to hold in unrestricted reserves sufficient to cover the general overhead expenses and salary costs not specifically funded by external agencies for a period of six months. As of March 2022, we feel that the reserves available of £61,946 would meet this objective.

Risk policy and review

The trustees have examined the major strategic, business and operational risks that the charity faces and consider that they are adequately mitigated through insurance, strategic planning, policies, systems and procedures.

Trustees

The trustees holding office during the whole year unless otherwise stated were as follows: Jonathan Robert Rowe Matthew Wildsmith Jennifer Louise Wade

In accordance with the trust deed, trustees hold office for three years.

Page 6

SPRINGS CHURCH (GORNAL) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022

Trustees' responsibilities in relation to the financial statements

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
make judgments and estimates that are reasonable and prudent;
state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees on 27th January 2023 and signed on their behalf by:

Jonathan Rowe Trustee

Matthew Wildsmith Trustee

Jennifer Wade Trustee

Page 7

SPRINGS CHURCH (GORNAL) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31ST MARCH 2022

I report to the trustees on my examination of the accounts for the above charity ("the Trust") for the year ended 31st March 2022 set out on pages 9-11.

Responsibilities and basis of report

As the charity trustees of the Trust, 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 Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

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 which gives me cause to believe that in, any material respect:

accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts do not accord with the accounting records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

S A Reeves

S A Reeves FCCA SAR Accountants Redditch

27th January 2023

Page 8

SPRINGS CHURCH (GORNAL) RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022

Notes RECEIPTS Gifts 3a Donations 3b Gift Aid tax recovered 3c Receipts from charitable activities 3d Interest and dividends 3e TOTAL RECEIPTS PAYMENTS Direct charitable activity 4a Donations and gifts 4b Costs of generating funds 4c TOTAL PAYMENTS NET OF RECEIPTS/PAYMENTS Transfers between funds CASH FUNDS AS AT 31/03/21 CASH FUNDS AS AT 31/03/22 2	Unrestricted Funds 2022 £ 551 103,177 21,561 604 - 125,893 97,260 8,694 - 105,954 19,939 (8,817) 50,824 61,946	Designated funds 2022 £ 709 450 - 2,804 - 3,963 5,677 5 - 5,682 (1,719) 9,781 5,131 13,193	Restricted Funds 2022 £ - - - 450 - 450 5,047 - - 5,047 (4,597) (964) 6,517 956	Total Funds 2022 £ 1,260 103,627 21,561 3,858 - 130,306 107,984 8,699 - 116,683 13,623 - 62,472 76,095	Total Funds 2021 £ 12,151 72,175 15,226 3,855 - 103,407 80,422 5,823 - 86,245 17,162 - 45,310 62,472

Page 9

SPRINGS CHURCH (GORNAL) STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH 2022

Notes Unrestricted Funds 2022 £ Cash funds Current account 61,801 Deposit accounts - Petty cash 145 2 61,946 Other monetary assets Gift aid recoverable 1,479 Assets for charitable use Fixed Assets -	Designated funds 2022 £ 13,193 - - 13,193 - -	Restricted Funds 2022 £ 956 - - 956 - -	Total Funds 2022 £ 75,950 - 145 76,095 1,479 -	Total Funds 2021 £ 62,242 - 230 62,472 1,397 -

The financial statements were approved by the Board of Trustees on 27th January 2023 and were signed on its behalf by:

Jonathan Rowe Trustee

Matthew Wildsmith Trustee

Jennifer Wade Trustee

Page 10

SPRINGS CHURCH (GORNAL) NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022

1 Trustees' Remuneration, benefits and related party transactions.

Trustees' salaries

31.3.22 31.3.21 £ £ 3,236 -

No benefits or expenses were paid to Trustees during the year. There were no related party transactions during the year.

2 Movement in funds

The movements in unrestricted, designated and restricted funds during the year were:

General (unrestricted) Designated Community Fund Youth Fund Restricted Awards for All - Community Awards for All - Debt Bring Joy Foundation National Express Youth Springs Garden Total funds	Balance b/fwd Receipts Payments Transfers Balance c/fwd 01/04/2021 31/03/2022 £ £ £ £ £ 50,824 125,893 105,954 (8,817) 61,946 412 3,963 3,743 6,261 6,893 4,719 - 1,939 3,520 6,300 5,131 3,963 5,682 9,781 13,193 1,550 - 1,466 (58) 26 2,570 - 1,768 (30) 772 - 400 329 (71) - 1,920 50 1,484 (328) 158 477 - - (477) - 6,517 450 5,047 (964) 956 62,472 130,306 116,683 - 76,095

Unrestricted funds are available for general purposes in accordance with the charity's purposes.

The movements in unrestricted, designated and restricted funds for year ended 31st March 2021:

General (unrestricted)
Designated
Community Fund
Youth Fund
Secret Giver
Kids Work
Worship Fund
Restricted
Make it happen
Age Concern
Awards for All - Community
Awards for All - Debt
Awards for All - Supplies
Awards for All - Baby Room
Community Forum Dudley
National Express Youth
Neighbourly Community
Springs Garden
Total funds

Balance b/fwd
Receipts
Payments
Transfers
Balance c/fwd
01/04/2020
31/03/2021
£
£
£
£
£
34,835
99,889
78,950
(4,950)
50,824
8
1,196
2,683
1,891
412
153
17
551
5,100
4,719
-
1,201
1,203
2
-
-
-
256
256
-
-
-
311
311
-
161
2,414
5,004
7,560
5,131
109
-
4
(105)
-
343
-
-
(343)
-
7,132
-
1,430
(4,152)
1,550
-
-
-
2,570
2,570
-
-
74
74
-
-
-
18
18
-
673
-
-
(673)
-
2,057
-
137
-
1,920
-
400
401
1
-
-
704
227
-
477
10,314
1,104
2,291
(2,610)
6,517
45,310
103,407
86,245
-
62,472

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SPRINGS CHURCH (GORNAL) NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022

3 Further analysis of Receipts

Receipts a) Gifts Legacy One off gifts b) Donations Regular giving Church offerings c) Gift Aid Gift Aid tax recovered d) Receipts from charitable activities Grants Events Alpha income Other income e) Bank interest Bank interest TOTAL RECEIPTS	Unrestricted Funds 2022 £ - 551 551 100,547 2,630 103,177 21,561 - - - 604 604 - - 125,893	Designated funds 2022 £ - 709 709 410 40 450 - 2,500 - - 304 2,804 - - 3,963	Restricted Funds 2022 £ - - - - - - - 400 - - 50 450 - - 450	Total 2022 £ - 1,260 1,260 100,957 2,670 103,627 21,561 2,900 - - 958 3,858 - - 130,306	Total 2021 £ 10,000 2,151 12,151 71,304 871 72,175 15,226 1,104 - 2,350 401 3,855 - - 103,407

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SPRINGS CHURCH (GORNAL) NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022

4 Further analysis of Payments

Payments a) Direct charitable activity Trustees' salaries Salaries and NI Pension costs Staff benefits Rent Band resources Insurance Repairs & renewals Heat & light Advertising and promotion Telephone & broadband Stationery, printing & postage Music & media Licences & subscriptions Website hosting Hospitality & breakfasts Furniture and equipment Online budget (equipment) Foodbank Community Café food Pastoral care - refreshments Finance support Consultancy & professional services Processing fees - Edit Iknow Bank charges Training & events Alpha Hope House running costs Consumables Youth resources Special Sundays & Christmas Springs Community resources Kids work resources Baby & Toddler room Community cooking & craft Independent examination b) Donations and gifts Ministry gifts Springs Tithe c) Costs of generating funds Fundraising costs TOTAL PAYMENTS	Unrestricted Funds 2022 £ 3,236 52,361 1,208 234 13,667 1,237 690 3,973 4,181 392 429 111 715 1,254 480 2,029 926 433 30 - 1,060 1,547 - 18 2 2,188 424 1,873 - - 1,540 - 705 17 - 300 97,260 1,122 7,572 8,694 - - 105,954	Designated funds 2022 £ - - - - - - - 93 - 107 98 2 - - - 464 472 - 132 334 20 - 36 9 - 444 - 5 146 1,223 599 1,426 - - 67 - 5,677 5 - 5 - - 5,682	Restricted Funds 2022 £ - - - - - - 280 - - - 36 65 - 950 - 368 618 - 181 - - - 31 - - 295 - - 60 1,359 329 349 - - 126 - 5,047 - - - - - 5,047	Total 2022 £ 3,236 52,361 1,208 234 13,667 1,237 970 4,066 4,181 499 563 178 715 2,204 480 2,861 2,016 433 343 334 1,080 1,547 67 27 2 2,927 424 1,878 206 2,582 2,468 1,775 705 17 193 300 107,984 1,127 7,572 8,699 - - 116,683	Total 2021 £ - 48,150 1,613 296 4,500 225 907 1,539 3,485 1,540 679 346 83 1,927 173 184 6,368 - - - - 1,475 - - - 1,780 1,942 110 206 604 173 1,817 - - - 300 80,422 5,823 - 5,823 - - 86,245

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