**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|
Page 2
## **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:
1. 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.
2. 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.
3. The trustees must keep a record of the name and address and the dates of appointment, reappointment and retirement of each trustee.
4. 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
5. 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.
Page 4
**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|
|---|---|
Page 11
## **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|
|---|---|---|---|---|---|
Page 12
**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|
|---|---|---|---|---|---|
Page 13