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|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|||
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|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)|
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||||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|
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|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|
##
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|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|
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|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|
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|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|
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||||||||
|---|---|---|---|---|---|---|
|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|
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||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|
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||||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|