## ## ## |||||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|