Registered Charity no. 1171951
SPRINGS CHURCH (GORNAL) REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023
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SPRINGS CHURCH (GORNAL) CONTENTS PAGE FOR THE YEAR ENDED 31ST MARCH 2023
| 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 2023
REFERENCE AND ADMINISTRATIVE DETAILS Registered charity number 1171951
Principal address
7 Zoar Street Dudley DY3 2PA
Trustees
Jonathan Robert Rowe Matthew Wildsmith Phil Wade Samual Owen
Independent examiner
S A Reeves FCCA
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SPRINGS CHURCH (GORNAL) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023
The Trustees present their report together with the financial statements of the charity for the year ended 31st March 2023.
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:
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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.
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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.
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The trustees must keep a record of the name and address and the dates of appointment, reappointment and retirement of each trustee.
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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;
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b. a copy of the charity's latest report and statement of accounts
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The trustees shall hold office for the following periods respectively: Jonathan Robert Rowe - three years (reappointed 29/01/23) Matthew Philip Wildsmith - three years (reappointed 29/01/23) Phil Wade - three years (appointed 04/10/21) Samual Owen - three years (appointed 04/10/21)
The board of trustees currently comprises four 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):
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the celebration of public worship;
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the teaching of the Christian faith;
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mission and evangelism;
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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
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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 2023
Achievements and Performance
This has been another productive year for Springs Church Gornal where we have seen growth in number of different areas of the church and charitable life. Our presence serving the community has grown through Sunday services, organized church activities and a growing outreach through schools and other organizations.
Highlights in the year have included:
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In-person church services have averaged around over 80 which is 25% growth on the previous year.
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Our online presence has continued we shared recordings of services included delivering ministry messages on weekly basis and shared via Social Media platforms
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Children’s work played a key part of our focus as we shared teachings, activities and games with children from the families in the church and wider community.
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We launched a specific Youth initiative aimed at secondary school children where we have hosted weekly gatherings, providing children fun activities and Christian teaching. These have proven to be very successful thanks to strong leadership and a growing volunteer base.
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We are now also present in all local schools through either chaplaincy work, or attending special assemblies through our Childrens workers or attached organisations.
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Away from main Sunday service activities our small group ministry continues to develop with a fifth group being added. The groups spread local geography, and serving different demographics. These groups provide the environment to grow the Christian faith and provide emotional well being.
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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 activities, craft events, food bank parcels, befriending services and hosting an Alpha class to explore the Christian faith.
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Our seasonal events and initiatives were a great success allowing the church to integrate with many more people.
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Our Free Debt Advice services team have remained very active over the year and have been able to support over 15 people in managing debt issues over the year.
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Our team of skilled musicians provided Christian worship music in many environments and contexts. This included ministering at Black Country wide events held 1.5 miles away from the church attracting over 3,000 people in June. The team have also provided support for community events and released original music available for download.
Future Developments
- We are continuing to develop our focus on serving the community needs in line with our Christian and charitable values. This will include the launch of an innovative Community Grocery Store.
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SPRINGS CHURCH (GORNAL) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023
Financial review
The net outgoing unrestricted resources including designated funds before transfers for the year amounted to (£23,885) (2022 net incoming resources £18,220). The net outgoing restricted resources before transfers for the year amounted to (£1,179) (2022 net outgoing restricted resources totalled (£4,597)). Transfers between funds are detailed in note 2 of the accounts. At 31st March 2023 unrestricted funds amounted to £49,707 (2022 £61,946), designated funds amounted to £1,324 (2022 £13,193) and restricted funds amounted to £nil (2022 £956)
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 2023, we feel that the reserves available of £51,031 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 Phil Wade Samual Owen
In accordance with the trust deed, trustees hold office for three years.
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SPRINGS CHURCH (GORNAL) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023
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:
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select suitable accounting policies and then apply them consistently;
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make judgments and estimates that are reasonable and prudent;
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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 2nd January 2024 and signed on their behalf by:
Jonathan Rowe Trustee
Matthew Wildsmith Trustee
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SPRINGS CHURCH (GORNAL) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31ST MARCH 2023
I report to the trustees on my examination of the accounts for the above charity ("the Trust") for the year ended 31st March 2023 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:
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accounting records were not kept in accordance with section 130 of the Charities Act; or
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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 Broadway Worcestershire
2nd January 2024
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SPRINGS CHURCH (GORNAL)
RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023
| 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 31/03/22 CASH FUNDS AS AT 31/03/23 2 |
Unrestricted Funds 2023 £ 1,647 81,559 17,640 3,769 - 104,615 - 105,632 10,705 - 116,337 - (11,722) (517) 61,946 49,707 |
Designated funds 2023 £ 50 6,389 - 1,867 - 8,306 20,196 273 - 20,469 (12,163) 294 13,193 1,324 |
Restricted Funds 2023 £ - - - - - - 1,179 - - 1,179 (1,179) 223 956 - |
Total Funds 2023 £ 1,697 87,948 17,640 5,636 - 112,921 127,007 10,978 - 137,985 (25,064) - 76,095 51,031 |
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 |
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SPRINGS CHURCH (GORNAL) STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH 2023
| Notes Unrestricted Funds 2023 £ Cash funds Current account 49,507 Deposit accounts - Petty cash 200 2 49,707 - Other monetary assets Gift aid recoverable 1,698 Assets for charitable use Fixed Assets - |
Designated funds 2023 £ 1,202 - 122 1,324 - - |
Restricted Funds 2023 £ 956 - - - - - |
Total Funds 2023 £ 51,665 - 322 51,031 1,698 - |
Total Funds 2022 £ 75,950 - 145 76,095 1,479 - |
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The financial statements were approved by the Board of Trustees on 2nd January 2024 and were signed on its behalf by:
Matthew Wildsmith Trustee (Chair)
Jonathan Rowe Trustee
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SPRINGS CHURCH (GORNAL) NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023
- 1 Trustees' Remuneration, benefits and related party transactions.
| Trustees' salaries | 31.3.23 31.3.22 £ £ - 3,236 |
|---|---|
No benefits or expenses were paid to Trustees during the year (2022 £nil). There were no related party transactions during the year or prior year.
2 Movement in funds
The movements in unrestricted, designated and restricted funds during the year were:
| General (unrestricted) Designated Community Fund Youth Fund Debt Advice Restricted Awards for All - Community Awards for All - Debt National Express Youth Total funds |
Balance b/fwd Receipts Payments Transfers Balance c/fwd 01/04/2022 31/03/2023 £ £ £ £ £ 61,946 104,615 116,337 (517) 49,707 6,893 6,634 12,837 (179) 511 6,300 1,092 6,759 180 813 - 580 873 293 - 13,193 8,306 20,469 294 1,324 26 - 62 36 - 772 - 934 162 - 158 - 183 25 - 956 - 1,179 223 - 76,095 112,921 137,985 - 51,031 |
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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 2022:
| 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 |
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SPRINGS CHURCH (GORNAL) NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023
| 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 2023 £ - 1,647 1,647 75,705 5,854 81,559 17,640 2,360 - 80 1,329 3,769 - - 104,615 |
Designated funds 2023 £ - 50 50 2,018 4,371 6,389 - 580 318 - 969 1,867 - - 8,306 |
Restricted Funds 2023 £ - - - - - - - - - - - - - - - |
Total 2023 £ - 1,697 1,697 77,723 10,225 87,948 17,640 2,940 318 80 2,298 5,636 - - 112,921 |
Total 2022 £ - 1,260 1,260 100,957 2,670 103,627 21,561 2,900 - - 958 3,858 - - 130,306 |
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SPRINGS CHURCH (GORNAL) NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023
| 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 Hire of equipment Furniture and equipment Online budget (equipment) Foodbank Community Café food Hospitality drinks and refreshments Breakfasts Pastoral care - refreshments Finance support Consultancy & professional services Mini Springs Grocery Store Processing fees - Edit Iknow Bank charges Training & events Alpha Small group resources Hope House running costs Consumables Youth resources Special Sundays & Christmas Springs Community resources Kids work resources Baby & Toddler room Community Garden Community cooking courses Community debt service Community gift Community craft Community uniform Independent examination b) Donations and gifts Ministry gifts Springs Tithe c) Costs of generating funds Fundraising costs TOTAL PAYMENTS |
Unrestricted Funds 2023 £ - 60,991 2,461 234 14,500 - 763 56 3,763 565 440 381 30 1,469 173 - 1,420 - 51 - 420 845 367 1,625 - 775 - 154 3 4,030 1,073 352 4,258 13 31 - 3,356 - 407 343 - - - 45 - 300 105,632 1,600 9,105 10,705 - - 116,337 |
Designated funds 2023 £ - - - - - - - - - 608 120 59 - 1,100 - 1,058 1,123 - 945 1,348 3,077 - 21 - - - 947 25 - 752 - - - 110 2,424 21 - 349 - - 32 55 4,915 1,071 78 - 20,196 273 - 273 - - 20,469 |
Restricted Funds 2023 £ - - - - - - - - - - - 62 - - - - 290 - - - - - - - - - - - - - - - - - 182 - - - - - 522 123 - - - 1,179 - - - - - 1,179 |
Total 2023 £ - 60,991 2,461 234 14,500 - 763 56 3,763 1,173 560 502 30 2,569 173 1,058 2,833 - 996 1,348 3,497 845 388 1,625 - 775 947 179 3 4,782 1,073 352 4,258 123 2,575 3,335 349 407 343 32 - 577 5,038 1,116 78 300 127,007 1,873 9,105 10,978 - - 137,985 |
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 - 2,016 433 343 334 2,861 - 1,080 1,547 67 - - 27 2 2,927 424 - 1,878 206 2,582 2,468 1,775 705 17 - 58 - - 134 - 300 107,984 1,127 7,572 8,699 - - 116,683 |
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