| Page | ||||
|---|---|---|---|---|
| Trustees' annual report (incorporating the |
director's | report) | ||
| Independent examiner's report |
to the trustees | |||
| Statement offinancial activities | (including | income and | ||
| expenditure account) |
||||
| Statement offinancial position |
||||
| Notes to the financial statements | ||||
| The following pages do not form part ofthe financial statements | ||||
| Detailed statement offinancial activities |
18 | |||
| Notes to the detailed statement | offinancial | activities | 20 |
| The compa | n | y was incorporated | y was incorporated | y was incorporated | on 14July 20 | 17. |
|---|---|---|---|---|---|---|
| Reference | and administrative | details | ||||
| Registered | charity | name | The Foundry | Church | ||
| Charity registration | number | 1174210 | ||||
| Company | registration | number | 10866897 | |||
| Principal | office and | registered | 63Lugsdale | Road | ||
| office | Widnes | |||||
| Cheshire | ||||||
| WA8 6DA | ||||||
| United Kingdom |
||||||
| The trustees | ||||||
| Mr D Lowe | (Resigned 13January 2021) | |||||
| Mr A Hewitt | ||||||
| Mr P Holland | ||||||
| Mrs D Daniels | ||||||
| Mr SGreenow | ||||||
| Mr SSmith | ||||||
| Mr KAckah | ||||||
| Mrs 0 Oladimeji | ||||||
| Mrs I Oluwabamise |
||||||
| Company | secretary | Diane Daniels | ||||
| Independent | examiner | Mr I Jennions |
BA (Hons) FFA FIPA FFTA | |||
| 18Mulberry | Avenue | |||||
| Turnstone Business Park |
||||||
| Widnes | ||||||
| Cheshire | ||||||
| WA8 OWN |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| Note | funds 8 |
funds 8 |
Total funds 6 |
Total funds f |
|||
| Income and endowments | |||||||
| Donations and legacies |
5 | 166,471 | 10,583 | 177,054 | 209,578 | ||
| Other trading activities |
6 | 17,606 | 17,606 | 6,839 | |||
| Investment income |
7 | 8 | |||||
| Other income | 8 | 1,698 | 1,698 | 982 | |||
| Total income | 185,775 | 10,583 | 196,358 | 217,407 | |||
| Expenditure | |||||||
| Expenditure on raising funds: |
|||||||
| Costs of raising donations | and | ||||||
| legacies | 9 | 1,956 | 1,956 | 813 | |||
| Expenditure on charitable |
activities | 10,11 | 178,345 | 16,686 | 195,031 | 197,508 | |
| Total expenditure | 180,301 | 16,686 | 196,987 | 198,321 | |||
| Net (expenditure)/income | 5,474 | (6,103) | (629) | 19,086 | |||
| Transfers between funds |
(2,453) | 2,453 | |||||
| Net movement in funds |
3,021 | (3,650) | (629) | 19,086 | |||
| Reconciliation offunds |
|||||||
| Total funds brought forward |
709,248 | 3,650 | 712,898 | 693,812 | |||
| Total funds carried forward | 712,269 | 712,269 | 712,898 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | 8 | E | ||||
| Fixed assets | ||||||
| Tangible fixed assets | 16 | 655,207 | 656,923 | |||
| Current assets | ||||||
| Debtors Cash at bank and |
in | hand | 17 | 7,910 54,643 |
2,740 59,253 |
|
| 62,553 | 61,993 | |||||
| Creditors: amounts | falling | due within one year | 18 | 5,491 | 6,018 | |
| Net current assets | 57,062 | 55,975 | ||||
| Total assets less | current | liabilities | 712,269 | 712,898 | ||
| Net assets | 712,269 | 712,898 | ||||
| Funds ofthe charity | ||||||
| Restricted funds | 3,650 | |||||
| Unrestricted funds |
712,269 | 709,248 | ||||
| Total charity funds | 21 | 712,269 | 712,898 |
| Fixtures | and fittings | 25'/0 reducing | balance | |
|---|---|---|---|---|
| Equipment | 25'/0 reducing | balance | ||
| Freehold | Property | po/0 |
| Unrestricted | Restricted | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | ||||||
| E | 6 | |||||||
| Donations | ||||||||
| General Fund Offerings |
142,030 | 3,182 | 145,212 | |||||
| Income from PRC | 4,200 | 4,200 | ||||||
| Gifts | ||||||||
| Gifts and Gift Aid Income | 17,353 | 563 | 17,916 | |||||
| Grants | ||||||||
| HAF grant | 455 | 455 | ||||||
| Local Area | Network | grant | 6,838 | 6,838 | ||||
| Government | grant | income | 2,433 | 2,433 | ||||
| 166,471 | 10,583 | 177,054 | ||||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2020 | ||||||
| E | E | f | ||||||
| Donations | ||||||||
| General Fund Offerings |
159,578 | 11,134 | 170,712 | |||||
| Income from | PRC | 3,850 | 3,850 | |||||
| Gifts | ||||||||
| Gifts and Gift Aid income | 23,037 | 23,037 | ||||||
| Grants | ||||||||
| HAF grant | ||||||||
| Local Area | Network | grant | ||||||
| Government | grant income | 11,979 | 11,979 | |||||
| 198,444 | 11,134 | 209,578 | ||||||
| 6. | Other trading | activities | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds f |
2021 8 |
Funds | 2020 | |||||
| Events &Facilities Income | 17,606 | 17,606 | 6,839 | 6,839 | ||||
| 7. | Investment | income | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2021 | Funds | 2020 | |||||
| 6 | E | F | ||||||
| Bank interest | receivable | 8 | 8 |
| Unrestricted | Total | Funds | Unrestricted | Total | Funds | ||
|---|---|---|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | ||||
| 2 | K | ||||||
| Tuck | Shop | 574 | 574 | 731 | 731 | ||
| Fee | Income | 1,124 | 1,124 | 251 | 251 | ||
| 1,698 | 1,698 | 982 | 982 |
| Costs of raisi | ng | donations | and legacies | |||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds 6 |
2021 E |
Funds E |
2020 f |
|||
| Events &Facilities | 1,956 | 1,956 | 813 | 813 | ||
| Expenditure | on | charitable | activities by fund type | |||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2021 | ||||
| f | ||||||
| Direct charitable | activities | 175,255 | 16,686 | 191,941 | ||
| Support costs | 3,090 | 3,090 | ||||
| 178,345 | 16,686 | 195,031 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2020 f |
||||
| Direct charitable | activities | 186,699 | 7,484 | 194,183 | ||
| Support costs | 3,325 | 3,325 | ||||
| 190,024 | 7,484 | 197,508 |
| Expenditure on |
charitable activi |
ties by activity type |
|||
|---|---|---|---|---|---|
| Activities | |||||
| undertaken | Support | Total funds | Total fund | ||
| directly f |
costs E |
2021 8 |
2020 | ||
| Direct charitable | activities | 191,941 | 191,941 | 194,183 | |
| Governance costs | 3,090 | 3,090 | 3,325 | ||
| 191,941 | 3,090 | 195,031 | 197,508 |
| 12. | Net (expenditure)/income | Net (expenditure)/income | |||||
|---|---|---|---|---|---|---|---|
| Net (expenditure)/income | is stated after | charging/(crediting): | |||||
| 2021 | 2020 f |
||||||
| Depreciation | oftangible fixed assets | 1,716 | 2,287 | ||||
| 13. | Independent | examination | fees | ||||
| 2021 | 2020 | ||||||
| Fees payable | to the independent | examiner for: | |||||
| Independent | examination | ofthe | financial | statements | 2,208 | 2,208 |
| Staffcosts | ||||
|---|---|---|---|---|
| The total staff costs and | employee | benefits for the reporting | period are analysed as | follows: |
| 2021 | 2020 | |||
| r. | ||||
| Wages and salaries | 120,676 | 123,330 | ||
| Employer contributions | to pension | plans | 2,580 | 2,240 |
| 123,256 | 125,570 |
| full-time | equ | ivalent employees during the yea |
r is analysed as follows: |
|
|---|---|---|---|---|
| 2021 | 2020 | |||
| No. | No. | |||
| Number | of | staff | 5 | 6 |
| Tangible fixe | d asse | ts | ||||
|---|---|---|---|---|---|---|
| Freehold | Fixtures and | |||||
| property F |
fittings | Equipment f |
Total | |||
| Cost | ||||||
| At 1 January | 2021 and | |||||
| 31December | 2021 | 650,062 | 4,453 | 11,809 | 666,324 | |
| Depreciation | ||||||
| At 1 January 2021 | 2,574 | 6,827 | 9,401 | |||
| Charge for the year | 470 | 1,246 | 1,716 | |||
| At 31December 2021 | 3,044 | 8,073 | 11,117 | |||
| Carrying amount |
||||||
| At 31December 2021 | 650,062 | 1,409 | 3,736 | 655,207 | ||
| At 31 December 2020 | 650,062 | 1,879 | 4,982 | 656,923 | ||
| Debtors | ||||||
| 2021 | 2020 | |||||
| s | ||||||
| Trade debtors | 4,910 | 1,040 | ||||
| Other debtors | 3,000 | 1,700 | ||||
| 7,910 | 2,740 | |||||
| Creditors: amounts | falling due within one year | |||||
| 2021 | 2020 | |||||
| s | ||||||
| Accruals and deferred | income | 2,755 | 3,469 | |||
| Social security | and other taxes | 2,736 | 2,549 | |||
| 5,491 | 6,018 |
| Unrestricte | d funds |
||||||
|---|---|---|---|---|---|---|---|
| At | At | ||||||
| 1 January | 20 | 31 Decembe | |||||
| 21 | Income | Expenditure | Transfers | r2021 | |||
| E | F | F | F | ||||
| General funds | 709,248 | 185,775 | (180,301) | (2,453) | 712,269 | ||
| At | At | ||||||
| 1 January | 20 | 31 December | |||||
| 20 | Income | Expenditure | Transfers | 2020 | |||
| F | E | 8 | |||||
| General funds | 693,812 | 206,273 | (190,837) | 709,248 | |||
| Restricted | funds | ||||||
| At | At | ||||||
| 1 January | 20 | 31 Decembe | |||||
| 21 | Income | Expenditure | Transfers | r2021 | |||
| F | 8 | ||||||
| Restricted | Funds | 3,650 | 10,583 | (16,686) | 2,453 | ||
| At | At | ||||||
| 1 January | 20 | 31 December | |||||
| 20 | Income | Expenditure | Transfers | 2020 | |||
| F | E | F | 8 | ||||
| Restricted | Funds | 11,134 | (7,484) | 3,650 |
| Analysis ofnet as | sets between funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| F. | ||||
| Tangible fixed assets | 655,207 | 655,207 | ||
| Current assets | 62,553 | 62,553 | ||
| Creditors less than | 1 year | (5,491) | (5,491) | |
| Net assets | 712,269 | 712,269 | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2020 | ||
| F | ||||
| Tangible fixed assets | 656,923 | 656,923 | ||
| Current assets | 58,343 | 3,650 | 61,993 | |
| Creditors less than | 1 year | (6,018) | (6,018) | |
| Net assets | 709,248 | 3,650 | 712,898 |
| Year ended | 31 December 2021 | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Income and | endowments | ||
| Donations and legacies |
|||
| General Fund Offerings |
145,212 | 170,712 | |
| Income from | PRC | 4,200 | 3,850 |
| Gifts and Gift | Aid Income | 17,916 | 23,037 |
| HAF grant | 455 | ||
| Local Area Network grant | 6,838 | ||
| Government | grant income | 2,433 | 11,979 |
| 177,054 | 209,578 | ||
| Other trading | activities | ||
| Events 8 Facilities Income | 17,606 | 6,839 | |
| Investment income |
|||
| Bank interest | receivable | ||
| Other income | |||
| Tuck Shop | 574 | 731 | |
| Fee Income | 1,124 | 251 | |
| 1,698 | 982 | ||
| Total income | 196,358 | 217,407 |
| Year ended 31 | De | cem | ber 2021 | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| K | F | ||||
| Expenditure | |||||
| Costs of raising donations | and legacies | ||||
| Repairs and maintenance | 352 | ||||
| Legal and professional | fees | 1,858 | |||
| 38 | 388 | ||||
| 60 | 73 | ||||
| 1,956 | 813 | ||||
| Expenditure on charitable |
activities | ||||
| Wages and salaries | 120,676 | 123,330 | |||
| Pension costs | 2,580 | 2,240 | |||
| Light and heat | 3,869 | 8,857 | |||
| Repairs and maintenance | 8,685 | 5,607 | |||
| Insurance | 6,160 | 6,304 | |||
| Other motor/travel | costs | 339 | 32 | ||
| Legal and professional | fees | 5,097 | 9,562 | ||
| Telephone | 1,785 | 1,139 | |||
| Other office costs | 24,877 | 18,225 | |||
| Depreciation | 1,716 | 2,287 | |||
| Bank charges | 109 | 308 | |||
| Gifts | 2,236 | 1,060 | |||
| Rates, light &heat | 1,880 | 1,160 | |||
| Sundry expenditure | 2,856 | 747 | |||
| Catering | 6,221 | 4,000 | |||
| Supplies | 5,909 | 12,650 | |||
| Advertising & marketing |
36 | ||||
| 195,031 | 197,508 | ||||
| Total expenditure | 196,987 | 198,321 | |||
| Net (expenditure)/income | (629) | 19,086 |
| Year ended 31 De | cem | ber 2021 | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Costs ofraising donations | and legacies | |||
| Events 8 Facilities | ||||
| Repairs and maintenance | 352 | |||
| Legal and professional | fees | 1,858 | ||
| Catering | 38 | 388 | ||
| Supplies | 60 | 73 | ||
| 1,956 | 813 | |||
| Costs of raising donations | and legacies | 1,956 | 813 | |
| Expenditure on charitable |
activities | |||
| Direct charitable activities |
||||
| Activities undertaken | directly | |||
| Wages and salaries | 120,676 | 123,330 | ||
| Pension costs | 2,580 | 2,240 | ||
| Light and heat | 3,869 | 8,857 | ||
| Repairs &maintenance | 8,685 | 5,607 | ||
| Insurance | 6,160 | 6,304 | ||
| Other motor/travel costs |
339 | 32 | ||
| Legal and professional | fees | 2,007 | 6,237 | |
| Telephone | 1,785 | 1,139 | ||
| Other office costs | 24,877 | 18,225 | ||
| Depreciation | 1,716 | 2,287 | ||
| Bank charges | 109 | 308 | ||
| Gifts | 2,236 | 1,060 | ||
| Rates, light 8 heat Sundry expenditure |
1,880 2,856 |
1,160 '747 |
||
| Catering | 6,221 | 4,000 | ||
| Supplies | 5,909 | 12,650 | ||
| Advertising & marketing |
36 | |||
| 191,941 | 194,183 | |||
| Governance costs | ||||
| Accountancy fees | 3,090 | 3,325 | ||
| Expenditure on charitable |
activities | 195,031 | 197,508 |