OpenCharities

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2022-12-31-accounts

Summary of themain
activitiesundertakenforthe
Theprincipal activityoftheCIOistoprovide chaplaincy servicestolocal
public benefitinrelation to
these objects(includewithin
businesses:amajorpartofthisistooffersupporttoindividualsincluding
staffand managementofthe businesses concerned.
this section the statutory
declarationthattrusteeshave
TosupportthisactivitytheCIOofferstrainingandnetworking
hadregardtothe guidance
issuedbythe Charity
Commissiononpublic
benefit)
opportunitiestothechaplains.Italsoaimstoprovideatleastoneannual
opportunityforanetworkingeventwhenwiderissuesofbusiness.
employmentandtheeconomycanbediscussedfromaChristian
perspective.
Linksarealsomadewithlocalchurchcongregationsthatsupportthe
workoftheCIO,withaviewtohelpingmembersofthosecongregations
dealwithmattersofemployment,businessandtheeconomyintheirown
lives.
InplanningandmanagingtheworkoftheCIOtheTrusteespaydue
regardtotheCharityCommissionguidanceonpublicbenefit.

SectionE Financialreview
Briefstatementofthe
charity'spolicyonreserves
Thepolicyofthecharityisthatweshouldholdaminimumreserveof6
monthsrunningcosts.Tosafeguardthelivelihoodofemployees,thiswas
consideredtheminimumtimerequiredtoseekalternativefundingshould
there be asignificantshortfall
Currentlevels
Detailsofanyfundsmaterially
indeficit
None
Furtherfinancialreviewdetails (Optionalinformation)
Youmay choosetoinclude
additional information, where
relevantabout:
the charity'sprincipal
sourcesof funds (including
anyfundraising):
Thecharityisfundedbydonationsfromsupportersandgrantsfrom
denominationalbodiesthat,constitutionally,appointtrustees(The
AnglicanDioceseofWorcester,TheBirminghamDistrictoftheMethodist
Church,TheRomanCatholicArchdioceseofBirmingham,TheHeartof
EnglandBaptistAsSociation,TheWolverhamptonandShrewsbury
DistrictoftheMethodistChurch,TheWestMidlandsSynodoftheUnited
ReformedChurch).
how expenditure has
supportedthekeyobjectives
ofthe charity:
investmentpolicyand
objectivesincludingany
ethical investmentpolicy
adopted.
Atthebeginningoftheyearwereceivedalegacygrantfromtheseparate
charitytheKidderminsterIndustrialChaplaincy,uponitswindingup,
whichhasbeendesignatedbytrusteesasaforwardfundtooffsetwhere
traditionalfundingfromdenominationsmaynotbeavailableinthefuture.
Themainexpenditure has beenontwopart-time staff to promote,
supportandworkwiththevolunteers,mostlychaplains,indeliveringthe
charity'sobjectivesandprogrammes.

2021
Income
Interest £2.00
Grants £25,425.00
Donations £1,333.00
KICFutureIncomeFund 1 £0.00
MiscIncome £253.00
LocalChurches £350.00
TotalIncome £27,363.00
Expenditure
Rent £3,600.00
Electricity ¬368.00
OfficeEquipment/T £1,255.00
GrossSalaries £26,386.00
Pensions £4,848.00
Tax&NI 2 £357.00
Insurance £329.00
Telephone, postage, broadband £157.00
TrusteesExpenses £0.00
ChaplainsExpenses £239.00
Meetings E9.00
Subscriptions £403.00
Events&Training
Stationery &Printing
£0.00
£604.00
WCMUKExpenses -£6,456.00
BankCharges
Total Expenditure
£0.00
£32,099.00
Surplus/(Deficit) -£4,736.00

2022 2021
Funds
OpeningFunds £21,114.54 £25,850.54
Surplus/Deficit -£6,613.82 -£4,736.00
Totals Funds E14,500.72 621.114.54
Representedby
Current assets
CashatNatWestBank E500.00 £6,114.48
Cash at UnityTrustBank. £13,784.76 £0.00
coIFaccount £0.00 ¬15,000.00
MonmouthshireBuildingSocietyAccount £3,821.06 £88,821.06
RedwoodBank £10,215.90 £0.00
Hampshire TrustBank ¬25,000.00 £O.00
Cambridge&CountiesBank E40,000.00 E0.00
Total £93,321.72 £109,935.54
Lessprovisionoffuture incomefund 1 -£78,821.00 -£88,821.00
TotalAssets £14,500.72 £21,114.54