2021-12-31-accounts

Trustees:		Gordon Nixon
		Jacob Maitland
		Simon Wright
		lan Henderson
		Abigail Summerton
		Efua Coleman
		Tanja Jones
		Agnieszka Hawkins
		Alice Yeoman
		Phil Whitman
		Sara Timms
		Sarah Moring
Registered	Office:	St. Philips Church
		2 Wilton Place
		Salford
		M3 6FR
Independent	Examiner:	CJ Goodhead	FCA
		Knight Goodhead		Limited
		Chartered Accountants
		7 Boumemouth	Road
		Chandler's Ford, Eastleigh
		Hampshire
		S0533DA
Bankers:		CAF Bank Ltd
		25 Kings Hill Avenue
		Kings Hill
		West Mailing
		Kent
		ME194JQ

Andre Adefope (resigned	11July 2021)	Gordon Nixon
Adelani Ayoola (resigned	31 August 2021)	Lizzie Secrette (resigned	31 August 2021)
Efua Coleman		Abigail Summerton
Agnieszka Hawkins		Laura Turley (resigned 11October 2020)
lan Henderson		Phil Whitman
Tanja Jones		Simon Wright
Jacob Maitland		Alice Yeoman
Sara Timms (appointed	11 October 2020)	Sarah Moring (appointed	11 October 2020)

			Unrestricted	Restricted	Endowment	Total	Total
			funds	funds	funds	2021	2020
		Notes	f	6	6		6
INCOME
Donations and legacies			154,897	92,604		247,501	241,084
Charitable activities			5,264	2,520		7,784	4,032
Other income			1,708	-	4,909	6,617	4,625
Total income		3	161,869	95,124	4,909	261902	249 741
EXPENDITURE
Charitable activities			200,082	93,726		293,608	183,998
Total expenditure		4	200,082	93,726		293,808	183998
NET INCOME			(38,213)	1,398	4,909	(31,906)	65,743
BEFORE GAINS AND LOSSES
INVESTMENT GAINS					24,347	24,347	10,733
NET INCOME			(38,213)	1,398	29,256	(7,559)	76,476
BEFORETRANSFERS
TRANSFERS BETWEEN FUNDS
NET MOVEMENT	IN FUNDS		(38,213)	1,398	29,256	P,559)	76,476
FUND BALANCES	AT 1 JANUARY 2021		99,725	20,643	167,113	287,481	211,005
FUND BALANCES	AT 31 DECEMBER 2021	11	61 512	22 041	196,369	279,922	287,481

3	INCONIE	Unrestricted	Restricted	Endowment	Total	Total
		funds	funds	funds	2021	2020
		K	K	6		f
	DONATIONS AND LEGACIES
	Planned giving - gift aided	95,980	359		96,339	95,103
	Planned giving - not gift aided	17,672	46		17,718	20,463
	One offgifts - gift aided	4,508			4,508	3,430
	One offgifts - not gifi aided	1,623	455		2,078	1,390
	Collections at services	2,691			2,691	1,245
	CAF/Steward/GC	7,418	3,046		10,464	20,641
	GIR aid recovered	24,262			24,262	24,882
	Donations from organisations	743	88,698		89,441	73,930
		154,897	92,604		247,501	241,084
	CHARITABLE ACTIVITIES
	Event income	3,161			3,161	973
	Product sales	62			62	503
	Intern fees		2,520		2,520	1,435
	Statutory fees	2,041			2,041	1,095
	Services/fee income					26
		5,264	2,520		7784	4,032
	OTHER INCOME
	Hire of premises	500			500
	Bank interest	3			3	19
	Dividends			4,909	4,909	4,606
	Other income	1,205			1 205
		1,708		4,909	6,617	4,625
	TOTAL INCOME	161,869	95,124	4909	261902	249741

4	EXPENDITURE				Unrestricted	Restricted	Total	Total
				Notes	funds	funds	2021	2020
					f	8	6	f
	CHARITABLE ACTIVITIES
	Worship				10,874		10,874	10,165
	COMMUNITY
	Refreshments				5,891		5,891	839
	Conferences	and events			802		802	559
	Hospitality				3,241		3,241	4,314
	Other				302		302	491
					10,236		10,236	6203
	MISSION
	Church				3,278	18,381	21,659	11,036
	Grants				32,135		32,135	4,879
	Eden				1,075	1,381	2,456	4,468
	Marriage prep							75
					36,488	19,762	56,250	20,458
	CENTRAL RESOURCES
	Fundraising				30		30
	Kids and youth resources				559		559	1,044
	New Wine Discipleship		Year training			2,910	2,910	997
	General office				5,474		5,474	3,864
	Telephone				1,082		1,082	1,163
	Marketing				2,649		2,649
	Building running costs				21,577		21,577	21,266
	Hire ofpremises				1,850		1,850
	Repairs and maintenance				16,611		16,611	7,398
	Salaries and wages				36,301	68,875	105,176	62,288
	Pensions				6,112	2,179	8,291	4,560
	Students				1,151		1,151	934
	Training				3,866		3,866	2,136
	Staff accommodation				3,379		3,379	2,977
	Parish share				29,045		29,045	26,524
	PCC and trustees expenses							1,001
	Accountancy				3,112		3,112	2,794
	Bank charges				96		96	90
	Depreciation				9,590		9,590	8,136
					142,484	73,964	216,448	147,172
	TOTAL EXPENDITURE				200,082	93,726	293808	183,998

5	GRANTS
	During the year the charity		made	the following			grant(s)		off1,000or more to organisations:
										f.
	Parish of Roch Valley Bury									30,000
	TearFund									1,500
6	EMPLOYED STAFF COSTS AND NUMBERS
										2021		2020
										f		f
	Salaries and wages									103,887		62,730
	Employer's Nl costs									4,376		1,334
	Employer's pension costs									5,205		2,784
										113,467		5S,eaa
	The average number offull time and part					time	employees			during the year was 5 (2020:3).
	During the year, Agnieszka		Hawkins was paid				remuneration			totalling f27,300(2020:f25,025) and three	trustees were
	reimbursed f1,498 (2020:		two trustees		reimbursed			f1,613)in expenses. This was not connected to their			role as trustees.
	During the year, key management			personnel			were	paid	f27,300 in salary and benefits (2020:f25,025).
	There were no employees		whose	annual		remuneration			wasf60,000or more.
7	TANGIBLE ASSETS									IT	Furniture S
										equipment	fittings	Total
										f	f	f
	COST
	At beginning ofyear									24,764	15,904	40,668
	Additions									7,271		7,271
	At end ofyear									32,035	15,904	47,939
	DEPRECIATION
	At beginning ofyear									11,767	9,543	21,310
	Charge									6,409	3,181	9,590
	At end ofyear									18,176	12,724	30,900
	NET BOOK VALUE
	At end ofyear									13,859	3,180	17,039
	At beginning ofyear									12,997	6,361	19,358
8	FIXEDASSET INVESTNIENTS									Endowment
											fundf	Total f
	Market value ofinvestments		at 1 January			2021					167,113	167,113
	Dividends reinvested										4,909	4,909
	Gain/(loss) on revaluation	ofinvestment				assets					24,347	24,347
	Market value ofinvestments		at 31 December				2021				196,369	196,369

NOTES TO THE A	CCO	UNTS FOR TH	E YEAR ENDED	31 DECE	MBER 202	1	1
9 DEBTORS						2021			2020
									f
Tax recoverable						2,330			23,003
Prepayments							300
Accrued income						7,417			37,184
						10,047			60,187
10CREDITORS: amounts		falling due within one year				2021			2020
							f		f
Other creditors						1.326			2,646
11 MOVEMENT IN FUNDS
			Balance at					Transfers	Balance at
			1 January			Gain/(loss)	on	between l1 December
			2021	Income	Expenditure	endowments		funds	2021
			f	f	f		f	f	f
Restricted funds
Eden / Community	Outreach		7,813	3,000	(1,381)				9,432
New Wine Discipleship		Year	5,644	2,520	(2,910)				5,254
Heritage			1,576						1,576
Seeded Vulnerable	Women Project		1,369	2,000	(361)				3,008
New Wine wage fund				13,992	(13,992)
New Housing Fund				27,392	(27,392)
Strategic Development		Fund		29,670	(29,670)
ACTS435			855	12,605	(11,080)				2,380
Bags of Hope			3,386	3,895	(6,854)				427
Project Pearl				50	86				36
			20,643	95,124	93,726				22,041
Endowment funds
Investment fund			167,113	4,909		24,347			196,369
			167,113	4,909		24,347			196,369
Designated funds
Chapel Tots			43						43
Diocese Fees			(911)					911
Church Planting			28,820	-	(30.550)			7,800	6,070
			27,952		30,550			8,711	6,113
General funds			71773	161,869	169532			8,711	55,399
Totalfunds			287,481	261,902	293,808	24,347			279,922

ANALYSIS OF FUNDS			Unrestricted	Restricted	Endowment	Total
			funds	funds	funds	2021
Fund balances as at 31December 2021are represented		by:	K	6	6	6
Tangible	fixed assets		17,039			17,039
Fixed asset investments					196,369	196,369
Current	assets		45,793	22,041		67,834
Current	liabilities		1,320			1,320
			61,512	22,041	196,369	279,922
			Unrestricted	Restricted	Endowment	Total
			funds	funds	funds	2020
Fund balances as at 31December 2020 are represented		by:	6	6	f	K
Tangible	fixed assets		19,358			19,358
Fixed asset investments					167,113	167,113
Current	assets		83,007	20,643		103,650
Current	liabilities		2640			2,640
			99,725	20,643	167,113	287,481

	Unrestricted	Restricted	Endowment	Total
	funds	funds	funds	2020
	6	6	6
INCOME
Donations and legacies	157,854	83,230		241,084
Charitable activities	2,597	1,435		4,032
Other income	20		4,606	4,625
Total income	160,471	84,665	4,606	249,741
EXPENDITURE
Charitable activities	108,329	75,669		183,998
Total expenditure	108,329	75,669		183,998
NET INCOME I(EXPENDITURE)	52,142	8,996	4,606	65,743
BEFORE GAINS AND LOSSES
INVESTMENT GAINS			10,733	10,733
NET INCOME I(EXPENDITURE)	52,142	8,996	15,339	76,477
BEFORETRANSFERS
TRANSFERS BETWEEN FUNDS	5,570	(5,570)
NET MOVEMENT IN FUNDS	57,712	3,426	15,339	76,477
FUND BALANCES AT 1 JANUARY 2020	42,014	17,217	151,774	211,005
FUND BALANCES AT 31DECEMBER 2020	99,726	20,643	167,113	287,482

			Balance at				Transfers	Balance at
			1January		Gain/(loss)	on	between i1 December
			2020	Income	Expenditure endowments		funds	2020
				E	E	K	E	K
Restricted funds
Eden			8,440	3,516	(4,143)			7,813
New Wine Discipleship		Year	5,186	1,435	(977)			5,644
Heritage			1,576					1,576
Seeded Vulnerable	Women Project		2,015		(646)			1,369
New Wine wage fund				3,498	(3,498)
New Housing Fund				50,468	(44,898)		(5,570)
Strategic Development		Fund		14,838	(14,838)
ACTS435				4,525	(3,670)			855
Bags ofHope				6,385	2,999			3,386
			17,217	84,665	(75,669)		(5,570)	20,643
Endowment funds
Investment fund			151,774	4,606	10,733			167,113
			151,774	4,606	10,733			167,113
Designated funds
Chapel Tots			110		(67)			43
Diocese Fees				613	(1,524)			(911)
Church Planting			21,020				7,800	28,820
			21,130	613	1,591		7,800	27,952
General funds			20,884	159,857	106,738		2,230	71,773
Total funds			211005	249,741	183,998 10733			287,481