**Registered Charity no. 1171951**
**SPRINGS CHURCH (GORNAL) REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023**
Page 1
## **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|
Page 2
## **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
page 3
## **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:
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 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):
- 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 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:
- In-person church services have averaged around over 80 which is 25% growth on the previous year.
- Our online presence has continued we shared recordings of services included delivering ministry messages on weekly basis and shared via Social Media platforms
- 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.
- 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.
- We are now also present in all local schools through either chaplaincy work, or attending special assemblies through our Childrens workers or attached organisations.
- 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.
- 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.
- Our seasonal events and initiatives were a great success allowing the church to integrate with many more people.
- 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.
- 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.
Page 5
## **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.
Page 6
**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:
- 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 2nd January 2024 and signed on their behalf by:
Jonathan Rowe Trustee
Matthew Wildsmith Trustee
Page 7
## **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:
- 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 Broadway Worcestershire
2nd January 2024
Page 8
## **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**|
|---|---|---|---|---|---|
Page 9
## **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
-|
|---|---|---|---|---|
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
Page 10
**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|
|---|---|
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|
|---|---|
Page 11
**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|
|---|---|---|---|---|---|
Page 12
**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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