## **Wayfarers Monastery Annual Report**
## 1st April 2022 to 31st March 2023
## **Wayfarers:** _A Christian community practicing Justice, Hospitality and Prayer_
**Our Mission** is to embody Luke 4, shaping a community that can be a catalyst for economic and social renewal across our local community.
We are a Christian community embedded within The Grace Network (TGN) based at Brimscombe Mill. We share the same vision as TGN, our members serve and support the Grace Network community and its affiliated social enterprises.
With our core practises of Prayer, Justice (social justice) and Hospitality we aspire to find a way of life that changes not just ourselves but those around us.
## **Developments and Activities of past year** (April 22 to 31st March 23)
- Our members have continued to serve across the grace network in various roles and capacities practicing justice and hospitality through the development of social enterprises.
- A rhythm of prayer and worship has been sustained from daily morning prayer, shared Lectio Divina, pod cast club, Friday community meals, and fortnightly Sunday Gatherings.
- In early 2023 those people engaging with Wayfarers have been invited to explore joining our core group of members who commit to sharing and engaging in all three of our core practices. This process of invitation and exploration is ongoing.
- Support of renovation and development of the physical site of Brimscombe Mills has continued through out year.
- Ed has explored offering stillness and meditation to a wider audience of visitors. Food for the soul offers meditation and lunch to the local community on a Thursday.
## **Summary of year**
Wayfarers has continued to support the Grace Network in the renovation and development of Brimscombe Mill. The Wayfarers Community is continuing to evolve and put down roots.
Our focus and energy and focus has continued to be in the Monday to Friday spirituality and life of Brimscombe Mill. Though there are many unanswered questions for Wayfarers as we pioneer a new community, we are thankful for God’s abundant l provision and for the continued success of the Grace network which we exist to support.
Wayfarers Monastery Registered Charity No. 1184987 Contact: ed@wayfarerscommunity.co.uk The West Suite, The Mills, Brimscombe Port, Brimscombe Hill, Brimscombe, GL5 2QG
## **Financial Review**
Wayfarers is currently funded principally by community giving, Grant funding has come to a close with no plans to pursue other grant funding bodies. Ed Sauven provided support to the Grace network to assist in Warehouse renovation and payment was made of approximately £14k to Wayfarers to cover the salary costs of this time. Total funds have reduced from approximately 20k to 9.5k.
Early in 2023 Ed Sauven’s paid role reduced to two days a week for Wayfarers as he undertook more work directly for the grace network. We have a target of twenty thousand per annum giving from within the community to sustain Ed’s role within Wayfarers and to support the various wider ministries of Wayfarers and to practically support those in need of assistance within TGN and beyond. We are continuing to work towards achieving the goal of financial sustainability _._
## **What are the next steps for Wayfarers in the coming year?**
Wayfarers is continuing to reconsider its shape as The Grace Network continues to grow in size of community and social and economic impact. Key changes are intended in the coming year to achieve our core goal of founding a monastic community that serves across the Grace network across what will be multiple future sites A key part of this will be in the coming year discerning and developing a shared Way of life.
## **Current Trustees**
Current Trustee’s **:** Jeremy Nottingham (Chair), Natalie Burfitt, Andy Wilson.
The trustee board gives thanks for the service of Will James who steps down as trustee and chair. Two new additional trustees’ to be appointed in coming year.
## Wayfarers Monastery
Registered Charity No. 1184987 Contact: ed@wayfarerscommunity.co.uk The West Suite, The Mills, Brimscombe Port, Brimscombe Hill, Brimscombe, GL5 2QG
## **Wayfarers Monastery**
## **Independent Examiner's Report to the Trustees of Wayfarers Monastery**
## **Basis of the independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present 'a true and fair view' and the report is limited to those matters set out in the statements below.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect
RiverView Portfolio Limited Chartered Management Accountants 1 Market Hill Calne Wiltshire SN11 0BT Date: 08/12/2023
## **Wayfarers Monastery**
## **Receipts and payments accounts**
for the Year Ending 31st March 2023
|**INCOMING RESOURCES**
**Incoming grants from generated funds**
Voluntary Income
**Other income**
Government grant
**Total incoming resources**
**RESOURCES EXPENDED**
**Costs of generating funds**
Fundraising and Publicity Costs
**Charitable activities**
Guest support services and activities
Support & Management Costs
Governance costs
**Total resources expended**
**Net Income/(Expenditure) for the year**
**RECONCILIATION OF FUNDS**
**Total Funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted Funds
Year Ended 31st
March 2023 Total
Funds
Year Ended 31st
March 2022
Total Funds
10,700
10,700
35,470
13,900
13,900
0
0
0|
|---|---|
||24,600
24,600
35,470
0
0
0
31,985
31,985
34,809
2,096
2,096
2,254
0
0
219|
||34,081
34,081
37,282
(9,481)
(9,481)
(1,812)
19,344
19,344
21,156|
|||
||9,863
9,863
19,344|
## **Wayfarers Monastery**
## **Statement of assets and liabilities**
at 31st March 2023
|Notes
**CURRENT ASSETS**
Debtors: amounts falling due within one year
1
Cash at bank
Prepayments
**CREDITORS**
Amounts falling due within one year
2
**NET CURRENT ASSETS/(LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS/(LIABILITIES)**
**FUNDS**
3
Unrestricted funds
**TOTAL FUNDS**|2023
2022
209
209
9,605
20,480
106
138|
|---|---|
||9,920
20,827
(737)
(1,483)|
||(737)
(1,483)
9,183
19,344|
||9,183
19,344|
|||
||9,183
19,344|
||9,863
19,344|
||9,863
19,344|
## **Wayfarers Monastery**
## **Detailed Receipts and payments accounts**
for the year ended 31st March 2023
|**INCOMING RESOURCES**
**Voluntary Income**
Gift Aid
Tithes
Church Donations
Other Donations
**Other Income**
Other Revenue
**Total incoming resources**|**2023**
**2022**
1,100
£
4,441
£
7,110
£
6,200
£
2,000
£
2,105
£
490
£
22,724
£|
|---|---|
||10,700
£
35,470
£
13,900
£
-
£|
||13,900
£
-
£|
||**24,600**
**£**
**35,470**
**£**|
## **Wayfarers Monastery**
## **Detailed Receipts and payments accounts continues**
for the year ended 31st March 2023
|**RESOURCES EXPENDED**
**Fundraising and Publicity Costs**
Publicity Costs
**Charitable activities**
Wages
Food for Guests
Other Costs
**Governance costs**
Professional Fees
**Support and Management Costs**
Insurance
Postage and stationery
Accountancy
Equipment
Subscriptions
**Total resources expended**
**Net Income**|**2023**
**2022**
-
£
-
£|
|---|---|
||-
£
-
£
28,898
£
32,456
£
2,337
£
1,379
£
750
£
974
£|
||31,985
£
34,809
£
-
£
219
£|
||-
£
219
£
254
£
433
£
68
£
42
£
1,140
£
1,140
£
26
£
34
£
607
£
605
£|
||2,096
£
2,254
£|
||**34,081**
**£**
**37,282**
**£**|
|||
||**9,481**
**-£**
**1,812**
**-£**|
## **Wayfarers Monastery**
## **Notes to Assets and Liabilities**
for the year ended 31st March 2023
## **2023**
## **1. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Prepayments and Accrued Income|£|106
|
|---|---|---|
|**2. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|Accrued Expenses|£|665
|
|PAYE|£|34
|
|National Insurance|£|-
|
|Pension Liability|£|38
|
|Student Loan|£|-
|
## **3. FUNDS**
|**3. FUNDS**||
|---|---|
|**Unrestricted Funds**
General Fund
**Brought Forward General Funds**
_B/fwd from year end 2022_
**TOTAL FUNDS**|Incoming
Resources
Resources
Expended
Movement in
Funds
24,600
(34,081)
(9,481)
77,314
(57,970)
19,344|
||**101,914**
**92,051**
**-**
**9,863**|