Wellsprings Together Charity number 1179481 A company limited by guarantee number 11423641 Annual Report and Financial Statements for the year ondod 31 December 2022 WELLS TOG INGS COMMUNff ". A COUNTING
Wellsprings Together Annual Report and Flnanclal Stat•m•nt• for the year ended 31 Docember 2022 Contents Po99 Trustee8' report 2to8 Examinorfs rèport Statement of finan¢ial actiwties Balanc& sh88t Not8S to the accounts 10t015 Prepared by West York8hlre Community Accountsncy Servlce CIO
Wellsprlngs Together Trustees. report for the year ended 31 December 2022 R¢fer•nc• and admlnlstrntivo d•talls of th¢ charity, Its trusto96 and advl80rn The trustÉe$ during the financial year and up to and including tho dalè th8 r8POrt was approvgd woro.. Name Position Dates The Rl Revd Dr Toby Howarth Ctr>air Dr Siewart Oavies Lydia Groenewald The Revd Canon Andrew Nomian The Revd Canon Denlse Pool¢ Th8 Rgvd Jenny R8msd6n Revd Anne Russell Appolnled 22 Oclob8r 2022 Appoinled 22 October 2022 Ch4rlty numbor 1179481 Registered in England and Wales Reglsler•d In En918nd and Walès Comp&ny numb•r 11423641 R•gl$t•r•d and princip•l •ddres8 17-19 York Plaeè Leeds LS1 2EX Bank•r¥ Unity Trust Bank Nlne Brindleyplace 8rimingh¥m 812HB Ind8pgndvnt examSn•r Simon 8oslrom FCIE W•$t Yoth8hir• Communlty Aecountancy Sgrvlc• CIO Stringer House 34 Luplon Slrael L•eds LS10 2QW structurn. governonce and man#gÈrnent Thg charfty IS B company Ilmrt8d by guarantee and was formed on 20 June 2018 lo tsk• over the charTlable aCtlI1e8 prevlously undgrtaken by Vvellsprings Tog8thw Bradlord Iregislered company 6633154 and Gharity 1139674) and Failhful Nelghbours Ireg18lered company 5401165 and charity 110761).11 is gLJverned by a m•mor•ndum and articl8s of assoclailon ¥$ amendad on 16 May 2022. The liability of the memb•r$ in the event of the Gompany belng wound up18 Ilrnlled to a sum not •x¢eeding £1.
Wellsprings Together Trustees. report (continued) for the year ended 31 December 2022 M•thod of rocrultment and appolntment of trustèès The Irusle&s of the charity are also the directors for the purp05e5 of company law and arè appolnled by the memb8rs at the AGM. There shall be a maximurn of nine trustees, one being nornirsaled by the Church Urban Fund {'Ihe CUF Trustee" I, on? nominated by the L¢¢ds Dio¢esan Brd of Finance (Ihe DBF Trus. i and others being appointed by th8 membern. Each Irustge shall serve 8 lem of five years and m8y b6 re-appointed to serv8 8 second t&mi offivo years. New trusl89s undergo orienlalion lo brief them on their legal obligations und81 ch8nty and compBny law, the conlents of the Memorandum and Artides of Associatlon, th8 committee and d8cision maklng process. the business plan and the recent fit)an¢ial performance of the Charity. Tmstees ar8 introduced to all staff members and other trustees. Trustees arè &neraged to attend ext•rnal training events where these will facililal& th• undertaklng of Ihglr fole. Obl•¢Uvo¥ and actlvltl•¥ Tho chariV8 objects Th& charity$ objects are for the benefit of the public by. Thg reliaf of naad in the Community wth a vigw to Pfomollng Social Inclusion for thos• excluded or marginali8ed (Tom soclety becaus• of $o¢i81 of economic disadvantag•. The promotion of social ¢ohe$lon for U)e benefit of the publlc in particular by.. educating Ihg publSc Sn Christian and other religious beliefs including an 8w8rene5$ tsf their distsnctive feolur8s and their common ground to promote good rela150ns beeen persons of differènt farths., promoting the kno%edge and mutual understanding and re8peei of the bellefs and pract89 ol dlfferent rgligious faiths.. Th8 promotion of equallly and div8T$Ity for the public benefit In partlculor by.. promotin9 aclwitie9 to foslor understandlng between peopl8 frorn 9r$0 backgrounds; building relations befv4egn pgople from different baGkgrounds and cullur8s', advancing education and raising awargng55 in equalty and diversity; To gnable chvrch8$, Chrlsllan organi$allon5, individua18 8nd cornmunty groups to Inllu$nce and shape Ioc81 nd nats'onal. so¢lal end economlc poll¢y through Inforrnad Indlvlduo18nd collecuve advocacy,. To promola tho fjfflcl8ncy and effectiveness of Chrlsllan tharhles and charlll88 Wlth slmllarty based values in the furth8ranc8 ol Ihtsir objec15 or any on8 of them, mainly bul nol exdusively by Ihg provlsk*n of Inlormal¢on. Èdvi¢e, 5UPPOrt and infrastructure provision,. 4nd Th8 fvrth8fancg of such olhor putpos8s a$ arg gxclu$Nely charitable unijer the laws of England and W8les a8 Ihe Iru51ee5 shall ffom lim8 to lime dtrlemine. These obled$ shall be primarfly but not exdusSvely undertaken within the Diocese ol Leed8 OT such other geographical area a$ the Iru$lee8 shall from lime lo lime deleTmln8. The charlty's maln actlvltlas W¢llsprings Tugelher exists lo support faith communities in sodal engagement with a partÉ'cular expertise In pansh-b88ed community engagement. We aim lo be a resource, adding capactty and expettsse to local efforts and work. W8 work lo connect the IDcal to th8 regional and Ihe national. informing and inspiring across these v8ri011518vo15. W& conllnue lo malntaln a cbse and strategic relallonship with Ihe Anglican Diocesg ol Leeds leveraging and augmenting the assets 8niJ re¥ourGes of local fallh groups for wider public benefit. We want to help nurture 8nd inspir8 a movem8nt of failh-moliv8led social action which wlll en8ble people and commun'eS to flourish. Wa want lo build access to resources. irfo¥mation and expertlse In latth based social action both recognisin9 our n capability bul also faGilitaling and hosting others.
Wellsprings Together Trustees. report (continuod) for the year endod 31 December 2022 Thè ch•rity' main activltl•s- eontlnu•d In 2022, aftar bèSftg Inbated from ks origln. the Feeding Bradford proje¢l was able to be released lo a local partner. Inn Churches. telgnising their ability to add value to the Inibthve for future sustainability and flourishing. Publlc bènefit $tstsment In setting our objectives and planning our 8Ctlvilles our Tru3lee$ hav• giv•n s¥rvJus consideration to Ihg Charty CommlsFlon's genef81 guidance on public ben8fi1. The charty furtheis ils charitable purpose for the public b8nefrt through equipping, motlvaling and supporting fath cammunilies as they buihl community cohesion and tackla soaal inequality and injustico. During 2022 we concluded the proGg55 of disaogreg8tron from the Church Urban Fund. whlle 8ti11 m8lnt)inbng a ¢tos$ w¢rklng r•lalion8hip wilh thom 4$ 4 m•mb•r of the Together Nolwork roco9nl$ln9 our 8h8rod prforllles. Wellsprings Tog8lh¢r h¥s the foliowtng four valu•s' Dlgnity.. We aCkno%edg8 thè snherenl. indisputablé dIu of ea¢h person, Seeing each member of our communlll88 as an individual grft, irrespective of wealth, 8lhnicity, cullure. faith QT gender. Wh8T8 injusknc8 or margina118allon Ihre8ien we seek Ghange for the good of the whol8 communily. Ggneroolty.. Recogni8ing wl)at e8ch of us h8$ been glven, we are mob'valed to act by love. We 8e&k to mutually create opportunlll88 for the assets In each of our communltles lo bè used as glfts for the common good. R•lationship$'. We encourage the bravery of listgning first, particu18rly 8cro33 (fifferencè. as we l¢Jok to overcom• tho obstaclos to ¢onngCtion and belonglng. We segk lo be 8 movoment of sharèd invesimenl. working in partn•rships with ouiers lo find croalivg ways lo live logether w•ll. Flourtshlng.. Our gr&at hope Is for lrtdSviduals an(J communmes lo flourish 88 811 Ih8y can b•. W• $e?k to Insplre and ènablè thwaY3 towards frèedom, agency and justica. now and for the future. Achlevem•nts and p•rf0rn78nGo Wellsprings Togèther enjoyed a successful year in 2022 conllnuing lo support loGal faith and communlty groups lo deliver posttive change in their l¢Kalily. W8 SUPPOrtad over 60 lailh and community grgup$ through the year, rnenloring, directing toward$ funding, providing advice and guidan¢e, identifying ctsrnmunity n8eds and mu mofe. We weie delighted Ihat one of our Staff fecaived J well-derVed MBE lor her work with Wellsprings Togathar In thg Now Y6ars Honours L16t. Supporting Parishes Our slralegic relalionship with the Angltcan Dioco80 of L8•d6 allow8d us to dir•cUy $upport ovor 30 loc#1 chur¢htrs lo dovelop impaclful and sustainable •ngagemenl wilh their comrnunilies. We have ulilised the Local Insight Do18 tool alongside community consultations lo develop prolecls and support that 1$ mo¢1ing GornmunSty needs in ¢onsultsiion with local people. This support has b8gn offered across Wesi and Norih Yorkshlre and ha3 been grateful reved. P8rts¢ularfy Importsnt is lo support gr8atèr utilisalion of church buildings and halls forw7der communty benefrt. Wellsprinus Anuels We have developed a new panel of speciol1818dse13- c8lled'Wellsprtngs Angels.. avallable to pde free support lor f8ith groups for defined period5 of Ilme when It w511 have most Impact. Wellsprlngs Ang81s off9r professional 3kills based on their exlensivè 8xperièn¢e. This is in a wide rang8 of disciplin8$ Including project management, finanfje, law, HR. fundraising, markebng, facilitation and partnership developm8nl. 'Yhe support of a Wellsprtngs Angel has been an extremety helpful and croative experience..
Wellsprings Together Trustees. report (Continued) for the year ended 31 December 2022 A¢hlevements and p•rfomian¢e- contlnued Addro8slng Inequalltlès Wellspnngs were commissioned to dellver a project stspporting a Focal fun(fer lo look at UK Minortty Ethnic {UKMEI funding inequalttie8. Working direelly with UKME community gioups. providing advice lo funders and runnlng consultatlons tsvents this work has b•8n wl818nd well Tecesved. The project will ¢on¢lude iri 2023. In addition lo thi5 one of our workers has also tak8n on responsibil(ty foi chairing the West Yoikshire Health and Care Partnership Voluntary. Community and So¢ial Entèrprises IVCSEI volrA$ group ensuring the voicg of Ioc81 UKME and Faith groups is represented. Places of Welcomè and Warni Spaces Our Places olwelcoma Network (a neiwork of ind8p8ndent communHy cfes1(Frop ins sUPPOrt8d by Wellsprings To9ethtrl grew by 300% In 2022. supporting over 300 people across thg neork. As the weather got colder wg WOTked with the Places to considèr how they could collaborato wlth th¢ emerglng Warm Spaces NeMork. Oui èxperience supportSng Pla¢tsa of Welcome also m•ant that wa werg able to provide guidanc• and advlce 10 Ioc81 auihorttles wllh Ihelf W8rm Spaeeg InitlAllves Including helpln9 to develop their guida for Spac8s and delSver Irainln9 on Ihelr behÈlf. Plan• for th• Futurn As Trustees, wè havè dis¢u$sed how be81 lo Invest our surplus re58rve8 vi the developm•nt and firture Sustalnabillty of our work. We VAII uillise some of our rèsèrves in future years on this devalopm•nl In OUT work with parlshes and olhgl faith groups in their communitsos l$e&'Res&rves' secUon}. Flnanclal revlow The nel expenditure for the year was £56,257, inctsjding not 8xpgndilure of £28,719 on unr8slricted funds 8nd net expenditure of £27.538 on restrlcted funds. Rory•S poll¢y Th• TfUSt•s hav• adoplttd a pollcy to r•iain ¢onlingency reserves lo enabl8 the smooth runnlng of the ch8rlty and to enablfj an orderly wlnding up should that bOrne necessary. The level of conts'ngenGy reserves to be rètained is S months of budgelad core co$l$. This policy is reviewed regularfy. The Tnjstees estimo19 tho current 8pproprial8 level of contingency ie89(v88 lo be approximately £77.500 for 2023. The th8ritys free regerves, exduding fixed assats, at the ye8r end were £180,955. The Tru8t8e8 con81der th8 free re3erve$ above that necessary as per our policy lo b• strategic rèserves. Over thè past years ¥ $ignSffcant proportlon of W•llspring$ Tog¢thgrfs core funding c•as•d, ineludirtg fin8nci¥l iupport from Allchurches Trust and Church Urban Fuftd. These strategic reserves are ess8ntlal for Wèllsprings Together as we rè-loeus tsur strategic direction and while wè s•èk aiiemaiive sources of major core fundlng. The strategic reserves wll atso be used tc¢ invest In Ihè development and future sustainability of Wellsprings Together over the cvryenl 5 year bu$lness plan12020-2024}, through employment of development worker$ and tho co$1$ of plot pTolecl8.
Wellsprings Together Trustees. report (continued) for the year endod 31 Doc•mber 2022 Statsment of tru8to88' rnspon8lbllttl•• The trtjstees Iwho are also the directors for the purpos8s of company lawl are responsible for preparing the Trustees report and the financ4al Statements in accordance with tha applt¢abl8 and UK Accounting Stsnd8rd5. Company law requlres thg trustees lo prepare financial accounts for each financSal year whlch give a true and fair view of the state of affairs of the charitabl8 ¢ompany and of the Sn¢oming resource8 and appllcatkjn of re8ource8. induding Ihtr and expendllure. of the charttable eompany fort17e year. In preparing these financial statements, th8 Irust8es are required lo: select suitable accounb.ng polici86 and apply them con818tently,' ob8erve the methods and princlples in the Charllles SORP., maka judgements and e$limate8 that are reasonable and pruden( State whether applicable UK 8c¢ounting stsndards have been followed. subioct to ary material dep8rtu¥es di8cIos8d end explained in the financial statements; prepare the accounlg on a going concem b•$ls un10$5 il i¥ inapproprtato to presume that the charltsble company will ¢onlinu¢ in operalion. The trustee8 are responsible for keeping proper accounting fecord¥ which disclose with reesonable accuracy al any lime the financial position of the charrtablg company and to enable them to ensure that the financ1 account¥ Gomply with the Companies AGt 2006. They are also responsibte for $8fegu8rdSng the ass81$ of thg chanty and hence for toklng r•a8onabie 8teP8 lor th• Pfavention and dolectlon of fraud and olh•r irrngularitie$. This report has been Prepared in accordance with the Statement of Recofflmended Practice. Accounting and Reporting by Charilitss (Charities SORP (FRS102)}, and in accordance with the $poC181 provk8ions of the Companies Act 2006 relating to small companies. Approved by the board ol trustees on ... 20>3 Signed.. (Trtteel Nama.
Wellsprings Together Independent examine5 report to tho tn15tees of Wellsprings Together I rèport lo the charity trustfjes on my examination of the accounts of the charitable company for the y&ar en¢Jed 31 December 2022, which are sel out on pages 8 to 15. Responsibiliti8s and basis of rBPOrt As the ¢harltYs trustees ol the charitablo company land a15Q It5 dir8Ctors for Ihg purposes of company law} YOU are responsible for tha prèparalion ot th& accounts in accordance with the requirem•nls of th• Compani06 Aci 20061'lhe 2006 Act?. Having satisfied myself that th& 8c¢ounls of the charitabl8 company afe not required lo b8 audited under Part 16 of the 2006 Act and are eligiblè for independent examination. I report in respeGt of my examinallon of your charitys accounts as carned out under section 145 of the Ch8rrti95 Act I'lhe 2011 Acfl. In C8frying out my examination I have followed the Dir8Ction$ given by the Charty Commission under section 14515llbl of the 2011 Acl. Ind•pondent eMIn•5 stat•m•nt I hav8 compl8led my examin81ion. I confinn that no malgrial m8tter8 have come lo my attanon sn conne10n wrth the 8x8minatlon giwng me cause to bolioV8 that In any material rtrspect: 1 a9n11n9 1gCOfd$ were not k&pl In r8¥w¢t of Ihg company 98 roqulred by 8edon 386 of the 2C4JO Acl,. or 2 the accounls do not accord with those records.. or 3 the accounts do nol Comply wilh lh& accovntlng requlrèmenl8 of saction 398 of the 2008 Act Olher than any requiroment that the accoynts give a 'lrue and fair view which is not a rnatter nsidered as part of an independ8nl examination., QT 4 th8 accounts hav8 not beèn prepa in arcordancg wlh the methods and prSnciples of the Slalem9nl of Rocommendgd Pradice for accounting and r•pDrtin9 by ch8rilies lapp11ble lo charitios proparing Ihoir a¢u1$ in 8¢eord•nce wtth th8 Flnancl81 Rgporling Standard •pplicoble In th• UK and Ropublic ol Ireland IFRS 10211. I have no concerns and have ccme across no olhoT matters In connecllon wtth the examlnallon lo whlch attention should be drawn in this report in order lo en8ble a proper understanding of the accounts lo be roached. Slgned.. Name: Slmon 8031rom FCIE 19 June 2023 W•st Yorkshlre Community A¢¢ountancy S•rvlc• CIO Strfnger Hous• 34 Luptort Sireel Leeds LS10 2QW
Wellsprlngs Together Statement of Financial Actlvltles (Including summary Income and expendlture account) lor the year onded 31 De¢efflber 2022 2022 2022 UnrgStriote(t Restricted funds funds 2022 Total funds 21Y21 To181 funds Income from.. Grants and donations other income Total Incom4 12) 120 450 570 100.057 1fy).177 450 100.627 138.362 234 138.596 100,057 Exp•ndlture on: Salaries, Nl and p8nslon Travel expens&8 Trnining and conferences Gf9nls payable Other projeGI dgllvory oostg Communicallons and marketlng Office spac8 Finance and admin support Insurance Phong and Inlerngl Printing. postage and stationery Olh8r admin costs Bank charge8 Independent axamlnalion Professional fee3 R8iurn¥d fvnding Total exp8ndlturg N•t incom• l (•xp•ndlturn) Fund b*lan¢e8 brought forward Fund b4lan¢¢$ carrt•d for4Yard 23,102 195 38 74,878 97,978 1.160 38 25,250 5.915 133,917 1.162 25.250 1,021 17.500 965 140 10,800 10,720 1,480 1.051 74 1.487 138 1,ODO 3,000 4.782 188,214 149,6181 4,894 10,800 7,920 1,536 290 10.8L)O 7,920 1,S36 290 2,078 2.070 100 960 100 2.881 127,595 (27,538) 2.861 156.884 156.2571 29,289 128,7191 209.674 180.95S 43.4f7 15,879 253.091 196.834 302,709 253,091 131 All incoming resources and r•sour¢e$ expended derive from continuing acti11¥5.
Wellsprings Together Balance sheet as at 31 Doc•mb•r 2022 2022 2022 Unrestricted Reslrictsd 2022 Total 2021 Total Current assots Debtors and prepayments Cash al bank and in hand Tot•1 curr•nt a88•t# 161 (71 10.867 175 728 186.595 13.782 24.649 177 825 202,474 4,742 249,708 254.450 15.879 Curr•nt Ilablllti•¥: amountsfa115ng due wtthln ono year Creditors and accruals Total ¢urr•nt Ilabllltl 181 5.640 5.640 5,640 5,640 1,359 1,359 N•t Gurr•nt ••••t• I IllabllltlHI 180,955 15,879 196.834 253.091 Net a8$0ts 180.955 15,879 196,834 253,091 Funds Unroslrlcted funds Restrlcled funds Total fund$ 180,955 180,958 15,879 196.834 209,674 43,417 253,091 180,965 15.879 For yejr ¢ndlng 31 D•cmDtr 2022 Iho ¢•rll8W¢ ¢ompwrbyWW enlmed lo &xornpdw from oudll und•ia•tUttn 477 olth• Comp8nlei Act 200S relaiing 10 sm811 tomp8nles. Th8 mémtern h•v• npl r•quir•d the charflabli ¢rynp¥ny to obioln an audll ¢f118 i¢Mwli forth• y•8rln quesdon In 8ccordafiG•%%ilh s•¢IIDn 476. Th8 Iru8t8e61%%tho allo Iho dlrectorn for lh• Pufpoies olcompany I) acknoledge th8lrre8pon&ibilille¥ forcompjylry éth th• r•qulremeoi$ of the Act wlh rntswcA 1¢ Jcc4JunUng e0rd •nd thE prep8r811on af4xY)wII. These 8CCQLrfs have been ppared in acr>Jrd8nce *ith the appkc•t4• IL¥ companth $ubi8L# to IhB smHII Corn?. r•glm• and ¥rflh FRS 102 l•ff8ctiY8 January 20191. The flnanclal statements wer8 approved by the board of trustees on .. Slgned.. ITrusteel Namo..
Wellsprings Together Notes to the accounts for the year ended 31 December 2022 1 A¢¢ountlng pollel Bo3[8 of accounting Thèse accounts have been preparèd under the historical cost convèntion with item5 recognised at cost or transaction value unless Oihewlse staled In the rel8vant nolols) lo Ihese accounts. The financial st8t8menl$ have beèn prepared in accoTiJan¢* wilh the Stalernent of Recommend•d Practice" Accounting and Reporting by Charthes preparing their aUnIS in accordance with the Financial R•porting Sl8nd8rd applicabl8 in th8 UK and Republic uf Ireland IFRS 1021 {effective 1 January 2019} and th the Charities Act 2011. The chality constrleS a public beneffl entity as dgfine(I by FRS 102. Thar• has bgen no change lo the accounling poli¢ios since last year. No ¢hange$ have been m8d8 to the 8ceoLtnt$ for wovtous yoar8. Golng ¢on¢grn The trustee8 are satl8fied that th ère no moteri81 unc•rtain1l #boul the charivs abilty to conttnu•. Inoomlng ro8OUrt?S All Incoming resource3 are Included In ihe Statement of FinBncial ActNities (SOFA) when the charity be¢om68 ènlllled lo the resources,11 Is more likaly than not th81 the tru$l•es will receive Iha rt8tsurc•s and the monetary value can b8 moasurod wSlh sufficient feliablllty. Grants and donatlon• Grants and donations are only Inclurled in the SOFA whgn the charity has uncondilK3n81 enlillfjmgnl to the resources. whe 9ranl¥ are r•lal•d lo p•rfgmance and $p&cifi¢ deliv4r4ble¥, Ihgy aro p¢¢ounlgd for 86 the ch8rfty eafns the nght to consi¢J•ration by its performane•. Donaled goods lor resjle ¥r& v81ued •1 thè Jmounl aclualty r•ali$gd upon Ihfjir sal?. Donated a$$•ls. la¢llftie$ or $eNices are valu•d at th•ir •stimattrd volue lo th• charity. Thls is Iho pr1¢• thAt the charity estimatès it would pay in the open mark•t for •quival•nt Itèms, or seMce5 and faciliti95 ol equBIent utllity to the tharty. Exp•nditUM and liablltii Expgnditure is recognised on an accrual ba$1$ as a liability 15 incurred. Liabllllles are r8co9nlsed where it Is more likely than not that there Is a 18gal or ¢onslruclive obllgatlon commltting lh• charity lo pay out the resourcas and th8 amount of the oblEqalion can b8 measurèd wlh reasonable cortainly. Grants payablè wlth perfonnance condltlons Where the charity giv8s a grant wlth conditions foT Tts payment being a specle level ol s&Mce or gulpul to b8 providad, such graftls are only recognised In the SOFA onc8 the r8cipienl of Ihe 9ranl has prowded th• sp•¢Mfjd 8eNl¢e or oulpul. Grnnts payable wlthout perforniance condltloni Where there are no ctsnditsons allaGhing lo the grant that Ènables the donor charfly to wli51iGally avoMI the commitment. a Ik4bility for the full funding obligation must be recognised. Taxatlon As a chafily the organisation b8n9fil$ from ral88 relief anij is ganorydlty txempi Irgrn in¢gme lax and apllal galn5 tax bvl not Irom VAT. Irrovrable VAT is incluijed In the cost ef tho$8 Itams lo whlch fji relates. 10
Wellsprings Together Notes to the accounts for tho yoar ended 31 December 2022 1 A¢counting pollcl•$ conilnugd Tangibl8 flxed assets Tangiblè fixed assets costing more than £500 are capitallsed and includgd 81 c081 inctuding any incidental exp8ns8s of acquisition. Gifted assets ar& shown al Ihg value to Iho charity on receipt. Depreciatlon 1$ provided on all tanglble fixed assgls al rates calculated lo wrile off the cost on 8 81r8lghl line basis over Iheir exp8et&d useful economic lives follows.. Piojaet and office equipm8nt'. over 3 years Penslons Th8 charity operalgs a defined contribution schgme for the benefit of its employee8. Th8 costs of contributions are reco9nised in th& yaar thoy ?re payable. Fund accounting Unréslrictgd lunds are avallable for USB al the d18cratton of Ihe Iru81e88 In furtherance of the ganeral objectives of the charity. Designated funds are unreBtr¢ted furtds earmarke¢ bylhe Irustaes for particular purposes. Rèslri¢led funds aro sublocled lo reslricfions on their gxpendllure imp08ed by the donor or through the l¢ms of an app885. Further explanation of Iha nalur• ond purpos• of •aeh fltnd Is Included in th• notes to th8 8c¢ounis. Le8$es Rents undor op&rating le8ses 8r8 charged on a straight line basi8 over the lease term or to an earlier dale ifth¢ lfyasg Gan be delermined wthoul fin8nGial p8nalty. 11
Wellsprings Together Notes to the aceounts continued for the year ended 31 Doc•mber 2022 2 Grdnts and donatlon$ 2022 Unrestricted funds 2022 Restricted funds 2022 Tol Jnds 2021 Total funds Feeding Britain Lgeds Community Foundation Le$d$ Diocesèn 8oard of Flnance ILD8F) z and Terry Bramall FoundalSon Near N8ighbours Church Urban Fund Highway One Trust Olher donations 1.000 10.000 43,326 5,000 40.731 1,IX)O 10,000 43,328 5,000 40.731 1,124 43,479 5.WO 74.129 10,000 4,630 138,382 120 120 120 100,177 100.057 3 Staff Go8ts and numbeY¥ 2022 2021 Gross $318ries Social sacurity ¢0$18 Oiher stafflng costs Penslon8 88,295 8,984 100,399 9.612 18,303 4.699 97.978 133.917 The average numbgr of gmplLIy016 during the year was 4.3, bging an 8vèr8ge of 2.8 full Ilme oqulvalenl 12021.. 4.8, 3.4 FTE). Th•r• were no gmploy99S Wrth emolument8 *btsve £60,01)0. Defined contrfbutlon p•n$lon 8ch•m• 2022 2021 C051s of tho schem8 to thg ¢h¥rity fr)r the year Amount of any eonlributson5 0u151anding at thg yaar 9nd 4.690 7.803 1.283 4 Ornnt maklng ProJect or aetlvlty 2022 Grants to institutions 2021 Grants lo insltiulions Actlvlty I reclplgnt FeedSng Bradford prole¢t Inn Chureh8s Near Newhbours Faith Communilios prolect North rkIeS Intèrfaiih Council- Roses for Peace Bradford PHAB Empathy Group Good Shepherd C•ntr• 81ack Health Inltlatlva Bahar Women's A550¢tiOn Ttstsi 2S,000 250 3.500 3,500 3.500 3,500 3.500 17.500 25,250 12
Wellsprings Together Notes to the accounts continued for the year ended 31 December 2022 4 Grnnt maklng continu Purpose of the grant making activltles Foeding Bradford - tha projuct wa8 re-housed at Inn Church88 and Ihe £25,000 poyment 15 e¥senti81ty a grant to that charity to carry on Ihe aclivty. S Ré#trict•d lund• B4nce bff Incomlng Outgoing Transfer5 8alance cjl Near N&ighbours Feeding Bradford Hi9hway One Trust z and Terry Bram811 Foundn. Leeds Comrnvnlty Foundallon LDBF 5alari88 LOBF Offlce antj admln 10,759 24,002 8,656 40.731 1,000 40,611 25,002 8,656 5,000 5,000 24.606 18,720 127.595 10.879 5,000 10,000 24,606 18,720 100,057 s,000 43,417 15,879 Fund nam• Near Nelghbours Purpo8• of ro•trfetlon For th8 ¢oofdln8tion of 80el81 Ingra110n ackn19$ wllhin lh• N6¥f Neighbour8 pro9rBmm6. For the purpose of coordinallng food poverty responses and mainlaining the Feeding 8radford Nots¥ork. The projeclwas r&housed al Inn Churthes ond payThenl of £25.000 was made for thom lo ¢orry on the work. Highway Ong Trust Work to lack19 lonelines8 and social isolation. Liz and Terry 8ramo11 Foundn. Work lo coordinat8 faith ba$8d •fforts lo addre86 poverty In Brèdford. Le•ds Communlty Foundatlon Funding lo support the Comrnunity Fotsndalion on oquily of Ihelr grant making and support smell &lhnically diverae groups in their $8arch for fundlng. Funding towards salary costs. Funding towards offi¢9 space, finance and admin sUPPOrt. Feedlng 8radford LD8F salartes LD8F Offic8 and admin 6 D•btorn Ind prnwiymonts 2022 2021 Dèbtors Prepayments Accrued income 354 248 1.507 23.142 24,849 4,742 7 C•gh at bank •nd In h•nd 2022 2W21 Cash at bank C89h in hand 177.825 249.708 177,826 249,708 Cr•dttors and accruals 2022 2021 Accruals 5,640 5,640 1,359 1.359 13
Wellsprings Together Notes to the aceounts continued for the year ended 31 Decomber 2022 9 Related party tran$a¢tion Trustee expenses No tnJst88 receivod any expens•s during Iht8 year orlhe previous year. Tru8tee remuneratlon and beneflts No truslee recelved any remunerats.on or bangfft durfng Ihls or the prevlous ar. Remun•rntion and beneflts roc•iv•d by key man*g•rn•nt p•rdonn The total employee benefits rec8ived by key m8nagemgnl personnel were £30,591 IpTgViOUS year. £57.3811. 14
Wellsprings Together Statement of Flnaneial Actlvitios Including comparatives for all funds (includlng summary income and oxpenditure account) for the year ended 31 December 2022 2022 2021 2022 2021 2022 T(>181 funds 2021 Total funds Unrestrict8d Unreslricied R8StrietÈd Restricted fund3 funds funds nd$ Incorn• Granls and donations Oiher income Totsl incomo 120 450 57Q 48,109 234 48.343 100.057 .253 100,177 450 100,627 138,362 234 138,596 100,057 90.253 Exp•nditur• Salaries, Nl and p¥n8ion Travel exp8ns88 Training and confer8nc88 Grants payabl• Other projoct do1Svfjry co$t8 Communicatlon8 and markellng Office space Flnance and admln support Insurance Phona and Inl&rnet Printing, postage and slationery Other admin costs Bank chèTgés Independent 8xamSnallon Professional fees Relurned funding Total expendituro Ngt Income I lexpendlturel Fund b8l¥n¢g3 brought fornvard Fund balanc•8 earrl•d forward 23.102 195 38 55,470 50 74.876 78.441 1.112 97,978 1.160 133,917 1.162 25.250 1.021 17,500 965 25,250 5,915 17,500 965 140 10,BOO 10,720 1.480 1,OS1 74 1,487 136 1.000 3.LlOO 4,782 188,214 149,818} 4,894 10,8Cx) 7.920 1,480 792 74 618 10.800 7,920 1.538 29] 10,800 7,920 1,538 259 2.070 869 2,076 100 100 1,000 3,000 2.160 2,861 83.646 127,595 135.303) 127.538} 2.861 104,568 156,884 114.315) 156,2571 29,289 128,7191 209,874 180,955 244,977 209.674 57,732 43,417 253 091 196,834 302.709 253.091 15.879 15