. NELSON STREET.
NELSON STREET CHURCH ROCHDALE
Annual report and accounts
forthe period endin8 31 December 2022
Company registration no. 12881554
Charity no. 1192073
CONTENTS
PAGE NO.
Reference and administrative details of the charity Trustees report
Trustees Annual Report
Independent Examiners report
io
Statement of Financial Activities
li
Balance Sheet
12
Notes to the Accounts
13-18

.NELSOt4 STREET.
Reference and Administration Details
Nelson Street Church Rochdale is a charitable company limited by guarantee without share
capital, incorporated on 15 September 2020 and registered as charity on 29 Ortober
2020.
Charity name:
Nelson Street Church Rochdale
Charity no..
1192073
Company no..
12881554
Board of Trustees..
Revd Janie Cronin
(Chairl
Mr Mark Elsdon-Dew
Mr James Cronin
Mr Michael Ainscough
Canon Karen Smeeton
{appointed 24101120221
(appointed 08112120221
(resigned 05107120221
Iresigned 29109120221
Mr Michael Starkey
Mr5 Sarah Jackson
Company Secretary:
Mrs Llnda Mycock Ioperatlons Manager)
Registered Office:
6 Nelson Street
Rochdale
OL16 INL
(changed 21101120221
Derek Rodwell Impact the Future Ltd
C/0 Bennett Verbv
Stockport
Independent Examiner:
Cheshire
SKI IEB
Principal Banker5:
Virgin Money {formerly Yorkshire Bankl
9-11 Yorkshire Street
Rochdale
OL16 IBL
Nelson Street Church Rochdale. 6 Nelson Street, Rochdale OL16 INL
Company registratlon no. 12881554. Charity no. 1192073

.NELSOII STREET-
Nelson Street Church Rochale
Trustees annual report for the perlod endin8 31 December 2022
The Board of Trustees present their report5 for Nelson Street Church Rochdale for the
period ending 31 December 2022.
StrltctU￿ Governance and Mana
ement
Governin8 Documents
The organisation is a charitable company limited by guarantee without share capital,
th
th
incorporated on 15 September 2020 and registered as a charity on 29 October 2020.
Nelson Street Church Rochdale was established under a Memorandum of Association that
establishes its objects and powers and is 8overned under its Articles of Association.
Members of the charitable company guarantee to contribute an amount not exceeding £10
to the assets of the charitable company in event of winding up.
Structure
The dirertors of the company are also Charity trustees for the purpose of charity law. The
Board of Trustees is responsible for the governance and management of the church. The
responsibility for leadership of the church's activities, development of its spiritual life and its
daily management has been delegated to the senior leadership team who are supported in
that role by the staff team including clergy. The Board of Trustees retains final decisions
over policy, employment of staff and finan￿, and takes responsibility for all matters of legal
and regulatory compliance.
Trustees give their time voluntarily and receive no financial benefit from the charity.
Trustees are appointed by trustee members and can be appointed by ordinary re501ution at
a general meeting of members.
Declsion Making
All financial and strategic decisions over £10,000 are taken by the entire Board of Trustees.
Any financial and Strategic deci5iorrs over £5,000 are taken by the senior leadership tearn.
The organisational implementation of the strategy is carried out by senior leadership. The
Revd Janie Cronin fulfils the key daY-t0￿daY senior management role.
The salary of the key management role is paid by the diocese in accordance with the agreed
salary structUTe of ordained personnel in the Church of England.
Trainlng
All staff, volunteers and trustees undergo formal recruitment and selection process,
followed by an induction period that includes any training Considered necessary to
Nelson Street Church Rochdale, 6 Nelson 5tTeet, Rochdale OL16 INL
Company registration no. 12881554. Charity no. 1192073

.P4ÈLSON STREET.
effectively perform their role. Senior Leadership of the church consists of clergy. whose pay
IS Set via stipend. the level of which is set by the Diocese.
Volunteers
The church benefits from the dedicated work of a great number of volunteers. In
accordance to FRS 102 and the Charities SORP11021, the economic contribution of general
volunteers is not recogni5ed in the accounts.
Objectives and Actlvltles
Nelson Street Church Rochdale is an Anglican 'Bishop's Mission Order, Church, led by Revd
Janie Cronin who wa5 commissioned by the Bishop of Manchester to plant a resource
church in Rochd81e,
Our objectives are set in our governing documents, the Memorandum and Articles of
Association, which was agreed by the Board of Trustees in September 2020.
Our objectives:
The advancement of the Chrlsilan reli8lon princlpally:
through the provision of an Anglican place of worship in Rochdale, and
by contributin8 towards the establishment, renewal and revitalisation of churthes
with the Anglican communion.
The Board of Trustees is committed to the vision statement of the church to play our part in
the re- evangelisation of the nation, the revitalisation of the church and the transformation
of society by 'loving God, loving people and making a difference,. In accordance with the
vision statement, the church aims to meet its objectives through the provision of church
services, courses, and planting churches. Given the diversrty of the church's attivities,
performance is measured on a ca5e-by-case basis.
Publlc Beneflt
In accordance with our duties as stated in sertion 17151 of the Charities Act, we have
considered the guldance provided by the Charlty Commisslon regardlng public beneflt. Thls
public benefrt ha5 been demonstrated by the activities undertaken since inception of the
charity outlined in thi5 document.
Achlevements and Performance
Since the charity was formed all decisions made and the structure put in place will help us
deliver our vision as stated above.
Nelson Street Church Ilochdale, 6 Nd50n Street. Rochdale OL16 INI
Cornpany registration no. 12881554. Charity no. 1192073

-P4ELSON STREET.
Highlights of the period January 2022 to December 2022 include:
Sunday Services- In December 2022 average Sunday morning attendance reached 75
adults and 32 children each week. In September we celebrated 12-months of meeting in the
church building with 109 people who stayed for lunch. Approximately 60% of the
congregation were previously de-churched or unchurched and almost 50% were underthe
age of 40. About 55 adults volunteered on varlous team5 (worship, AV, welcome, hospitality,
children) over the period of a term.
Dedication Service- in June 2022, 224 individuals (173 adults and 51 children) attended our
first Infant Dedication Service. 3 unchurched families stayed in regular connection with
Nelson Street Church as a result of this service.
Youth SeNice- Nyouth led the service 3 times in 2022, with over 100 individuals attending
each one. The service was fully led by the youth - including sung worship and sharing a
thought, The Nyouth band was made up of young people representin8 4 local churches.
Children - Throughout 2022 two children's groups ran alongside the Sunday services for
those aged 0-3 INTotsl and 4-11 INKidsl. These sessions were attended by approximately
20-30 chlldren each week.
Youth- Nyouth continued a fortni8htly Youth Group on a Sunday evening aimed at
discipling 11-18 year olds. On average, 16 young people attended these sessions on 3
monthly basis. The Nyouth Band practiced every fortnight. A more social Nyouth session
was launched on a Friday evening in Jarruary 2022. By Decernber 2022, an average of 30
young people attended each month. Nelson Street Church Rochdale linked in with The
Message Trust and other local churches to host a music event attended by 75 young people
from Rochdale. 45 young people from Rochdale were taken by coach to the Festival
Manchester event in Wythenshawe in July 2022.
Alpha - 3 Alpha courses - a 7-week course that gives 8ue5ts the opportunity to explore faith
and the meaning of life whilst sharing a meal and developing community- were run in 2022.
2 adult courses lin February and October) and a Youth series in April. A total of 29 people
completed the course.
The Bereavement Journey-The Bereavementjourney course, to support those dealin8
with grief, was run twice in 2022 Imay and October). 14 individuals completed the course,
predominantly with no previous connection to Nelson Street Church Rochdale. A local
hospite has started signposting relatives to this course.
Llvlng In Love and Falth- thls course was run iwlce In 2022, In June and September, w￿h
the aim of providing a safe place for individuals from both Nelson Street Church Rochdale
and other local churches to explore and discuss the concepts of sexuality and identity within
the context of Christian faith.
Ne150n Street Church Rochdale. 6 Nelson Street, Roehd3le OL16 INL
Company registration no. 12881554. Charity no. 1192073

.NELSOW STHEET.
Spirit Café- This initiative was launched in August 2022 to engage with the unchurched and
particularly those seeking spirituality was launched. This takes place once a month.
Deeper Teaching- 4 bible-based teaching series were run throughout 2022, including
series on Hearing God's Voice and a series on the Father Heart of God. We also ran a
Ministry Training session.
Community and Soclal Artion- A carer and toddler group called NTots ran each week for
parents in the local communityj With an avera8e of 24 attending. Throughout the summer of
2022 various 'Pop-Up' activities were hosted throughout Rochdale, includin8 3 Forest School
experience, free craft5 in the local shopping centre and film nights. In November 2022,
Ne150n Street Church Rochdale hosted an event named 'Survive the Squeeze'_ an
information and signposting evening to be a resource to Rochdale residents in the Cost of
Living Crisis. This event was then replicated for the local council as part of their wellbeing
week for their employees.
Boxes of Hope- In December 2022 we teamed up with The Message in Prisons to pack
several hundred Christmas packs to be distributed in a North-west prison on Christmas Day.
Christmas 2022- In December 2022 we celebrated Christmas by holding a Family Picnic, and
Nativity Service and a Carol Service, all of which were attended by over 100 people. On
Christmas Eve we hosted another called 'Bedtime Stories'_ an opportunity for families to
hear the Christmas story in their pyjamas and with hot chocolatesl On Christmas Day, 45
people attended church and a lunch was Provided for 7 people from the community who
had no other family to spend the day with. The Christmas Market was a new initiative for
2022, with 24 stalls of local small businesses and an estimated 300 attended throughout the
day.
Resourcin8- All the courses facilitated by Nelson Street Church Rochdale in 2022 were
offered to local churches, prlmarlly other Church of England churches. A Jolnt Easter
Tenebrae service was held with St Chad's.
Future Plans
Plans for 2023 include-
Future plans of the church involve continuing the activities outlined above, as well as
relaunching The Marriage Course and to start ParenTalk, a course by Care for the Family.
We plan to offer these courses as a resource to other local churches and community groups.
We also hope to develop stronger links with local sehools and colleges.
We plan to launch a series of Warm Café Space5, in the winter/ spring to provide a place of
community and to assist those struggling financially with the rising cost of living. We aim to
have a weekly 'Stay and Play Café, for primary aged children and their parents. We also aim
to host a weekly 'Friendship Café, during the day with free refreshments, cake and access to
Nelson Street Ch￿r¢h Rochdale. 6 Nelstrn Street, Rochdale OL16 INL
Cornpany registratiorg no. 12881554. charity no. 1192073

.NELSON STFIEET.
board games and someone to chatto. We are also lookin8 to launch a 'College Café, to
create a space for college students once a month.
We also plan to launch Ceroc sessions - a partner dance which is a great tool for buildins
friendship and community. We plan to take families from Nelson Street Church Rochdale
congregation to Focus, a Christian festival hosted by CRT.
We will also host our first weekend conference, with several sessions of teaching and
worship throu8hout the weekend. This will lje a resource for local Christians.
We will also invest in raising up leaders with a view to plant churches in Rochdale and the
surrounding areas.
Volunteefs
Nelson Street Church Rochdale uses volunteers to help support all aspects of its ministry. At
a normal Sunday morning seNice bythe end of 2022 we had an average of 105 attendees
175 adults, 32 under-16sl with 55 volunteer5 to support the hospitality, worship, kids and
youth teams. We also have 20 volunteers to help with our variou5 courses.
Any midweek events such as The Bereavement Journey, Alpha, Spirit Cafe and the Youth
Nights could not be run without substantial volunteer teams.
Key risks and uncertaintles
The principal risks and uncertainties that the trustees see as facing the charity and anv
Subsidiaries include the ongoing responsibility of the financial cost of maintaining the
Church premises a5 well as SDF grant funding for staff roles tapering off in 2025. The
trustees plans and strategies surrounding these risks include working closely with the
Diocese to explore opportunities to apply for relevant grants as well as forecasting and
budgeting for the increased financial re5ponslbilities.
The trustees are aware of the impart of COVID-19 on the launch of Nelson Street Church
Rochdale, primarily in not being able to fully launch as a chufch until September 2020 and
therefore losing 12-months of congregational giving. However, the impact of thi5 was
lessened by the delay In the hand-over of the church premlses and the reduced runnlng
costs. The Trustees are aware of the potential impact of the rate of inflation and cost of
living on congregational income and are reviewing this throughout the year.
Financial Review
In 2022 the total income for the church was £296k12020-21 £308kl of which £118k was
unrestritted12020-21 £114kl. Expenditure during 2022 totalled £217k12020-21 £324kl. The
surplus on unrestritted funds in 2022 was £47k12020-21 deficit of £23kl leaving a balan
on unrestricted reserves at the end of the year of £25k. Restricted reserves came to £39k at
the end of 2022, up from a £23k deficit in 2020-21.
Ne150n Street Church Rochdale, 6 F4elson Street. Rochdale OU6 INL
Company registratton no. 12881554. Charity r*0. 1192073

.PIELS014 STREET-
For more details behind these figures please See the financial Statements following this
report.
Reserves Policy
The Board of Trustees are aware of the need to maintain sufficient reserves. The aim is to
have three months of free li.e. unrestricted excluding fixed assets) reserves at any time. At
the end of 2022 there was £117k of free reserves before taking into account the loan of the
same amount which is now due to be repaid be8inning I" July 2025. By the time the loan is
due to start being repaid the aim will be to have built up the free reserves, net of the loan,
to the three month figure of around £25-30k.
Safeguardin8
The Board of Trustees have adopted the Diocese of Manchesterfs safeguarding policy
relating to children, young people and vulnerable adults and appointed Revd Janie Cronin
and Mrs Linda Mycock as Safeguarding Oflicers. The Safeguarding Officers have completed
the necessary diocese training couises in safeguarding young people and vulnerable adults.
The trustees are commitied to the prlnciples of best practice in relation to safeguarding and
comply with the duty under section 5 of the Safeguarding and Clergy Discipline Measure
2016 in respect of having due regard to House of Bishops, guidance on safeguarding
children and vulnerable adults. The guidance can be read in full on the Church of England
official website.
The Board of TNstees responsibilltles in relation to the Flnanclal Statements
Charity law requires the trustee5, who are also direttor5, to prepare a statement of financial
activities and statement of assets and liabilities for each financial year, which gives a true
and fair view of the state of affairs of the church and of it5 financial attivities for that year
and adequately dlstinguishes any material special trust or any other restricted fund of the
church. In preparing those financial statements the trustees are required to..
select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent,.
state whether pollcles adopted are In accordance wlth approprlate SORP on
Accounting by Charities and the Accounting Regulations and with applicable
accounting standard5, subject to any material departures disclosed and explained in
the financial statements;
prepare the accounts on the ongoing concern basis unless its inappropriate to
presume the church will continue to operate.
The trustees are responsible for keeping proper accounting records which disclose, with
reasonable accuracy at any time, the financial position of the church. and to enable them to
ensure that the financial statements comply with applicable Accounting Standards and
Statements of Recommended Practice, the Companie5 Act 2006 and the regulations made
Nelson Street Church Rochdale, 6 Nelson Street, Rothdale OL16 INL
Company rezistratioTr no. 12881554. CharSty no. 1192073

-NELSON STREET.
under the Chartties Att 2011. They are also responsible for safeguarding the assets of the
church and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
On behalf of the Board of Trustees
Revd. Janie Cronin
Senior Leader and Chair of Trustees
Date:
Nelson Street Church Rochdale. 6 Nelson St¥eet, Rochdale OL16 INL
Company registration no. 12881554. Charity no. 1192073

## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Nelson Street Church, Rochdale (the ‘company’)** 

## **Independent examiner’s report to the Trustees of Nelson Street Church, Rochdale** 

I report on the financial statements of the charitable company for the year ended 31 December 2022, which comprise the statement of financial activities, balance sheet, related notes and are set out on pages 11 to 18. 

## **Respective responsibilities of trustees and examiner** 

The charity’s trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 145 of the Charities Act 2011 (the 2011 Act).  The charity is required by company law to prepare accrual based accounts. 

Having satisfied myself that the charity is not subject to audit under part 16 of the 2006 Companies Act and is eligible for independent examination, it is my responsibility to: 

- examine the financial statements under section 145 of the 2011 Act; 

- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and 

- to state whether particular matters have come to my attention. 

This report, including my statement, has been prepared for and only for the charity’s trustees as a body.  My work has been undertaken so that I might state to the charity’s trustees those matters that I am required to state to them in an independent examiner’s report and for no other purpose.  To the fullest extent permitted by law, I do not accept or assume responsibility to any other than the charity and the charity’s trustees as a body for my examination work, for this report or for the statements that I have made. 

## **Basis of 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 statement below. 

## **Independent examiner’s statement** 

I have completed by examination. I confirm that no matter has come to my attention: 

   - which gives me reasonable cause to believe that in any material respect the requirements 

   - to keep accounting records in accordance with section 386 of the Companies Act 2006 and section 130 of the 2011 Act ; and 

   - to prepare accounts which accord with the accounting records, comply with the accounting requirements of the Companies Act 2006 and Regulation 8 of the Accounts Regulations and the 2011 Act 

   - have not been met; or 

- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 


## Date: 20[th] September 2023 

Derek Rodwell FCCA, Impact The Future Ltd, Bennett Verby, 7 St Petersgate, Stockport, Cheshire SK1 1EB 

Page 10 



NELSON STREET CHURCH, ROCHDALE
srATEAIENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2022
Unrèstrtctèd Rastdctsd Total UnrnBtkfjctad Rastrkted Total
fund5
fund5
lunds
fund8
fund5
funds
2022
2022
2022
2020-21
2020-21 2020-21
Not
INCOME FROM:
Voluntary lrtco
116,438
178,264 294.702
113,985
193.904 307,8B9
Incomo from charltable BCtl¥ltles
Courses, events, occagonal seNi¢es etc
1,742
1,742
352
352
TOTAL INCOME
118 180
178 264 296 445
114337
193 904 30B 242
EXPENDITURE ON..
Chadtsblo actlvltle8
cap￿￿1 & Sèt Up Cots
ildings & Maintenan
Central costs
Worship & s8Nlr*8
Youth & ChildTen
Cour5e5. Outreach & &)cial 8Ctiors
8,991
29,731
10,091
10.23S
6,062
3,674
559
9,551
1.702 31A33
60.592 70,683
29.409 39,644
54.277 62,339
3,674
124,694
2,193
5.001
2,432
1,070
1,585
41,000 16S,694
13.216 15,409
46,848 51,849
38,171 40,603
44,68B 45,758
3.070
4,654
TOTAL EXPENDITURE
71),7BS
146,539 217,323
138,975
180 992 323 967
NET INCOMING I IOUTGOINGI RESOURCES
47,396
31.725 79,121
122,6381
6,912 115,7261
Total brought foThvard
122,6381
6,912 115,7261
TOTAL FUND5 AT 31 DECE%IBER
24,758
98,637
63.396
6,912
15,7261
Accountlng peylod
N818on Street Churth was registtrred as a charity on th& kn of October 2020. The compsrdtive p8ri0d was ther8for8 approximat8ly 14 month6

NELSON STREEf CHURCH, ROCHDALE
AIANCE SHEET
AS AT 31 DECEMBER2022
318TpRCWR￿22
31STCECEhEER2D21
FIXED ASSETS
Tanglble assets
28.817
28.817
39275
39275
CURREP4T ASSETS
Sundry D&btrXS
Cash aib8nK
8.281
148244 158,524
9,921
,878
cRED￿aRs. amourt8 fallkng du8wthln12 monlhs
15.915
{4,540)￿1 115,9151
NET CURRENT AS$Ers
151,984
49,8B3
CREDrroR8". aftor 12 IllOIIUI8
1117.41071
1104.wl
NET ASSETS
63395
15.726
STATEMENTOF FUNDS
Rastrlcted fijnds
Unrestrtci2d funds
38,￿7
24.758
8,912
122,63BI
TOTAL FUNDS
15,726
The noteson pages 13 to 18 partofthe59fin8nclal ststernents.
Fofii)B Ptrfknl (irtdtrd 37 LIoC8M￿2ff1?, IlJ&)GtrlnP8nywas&nlKl8dlo lh8 8X8fflpllon Irtlfftaudll
ResponslblliUes oldlredN8rtnislees.'
8. Th8 m8mb&ts h8v8noir&qulr8dth8ch8rlt8bl8comp8nyloobt8ln8nÉudl ollls 8ttounts for
theye8rln quesllon in accord8nce wlth Sectlon 47801th8 Comp8n18s Aci. howw, In
a￿￿0[dOn6& wilh $8dion 145ofthe Cha￿1￿8$ Act2077 Ihe 8ccounls have bgen exafflin8dbyan
In¢Jep8ndenl 6xamln8rwlyosé rwrt lorms p8rtoflhts docum8nr.
b. The diTeGforsAwstees 8Gknobvledge Iheirresponsitslities forGomplying wrfh the requirementsof
thè Gompart>sAGt wllh resp￿[ 10 8GcounItrw reGords ano Ihewepar8rth 018¢cow?ts.
The$eaGGountsh&vebeenw￿￿d1￿aCc0Ttt&￿￿ wlth Ihe w0￿810n8 8pthb18 10
compaThéssubJ8Gt to Ihe sffl8NGornpante5 regNne.
Approved bythe boaTd ofdirectors and slgned on behBlfofthe board,
Revd Janle CronlTh
Dated..
Company ra9lstratton numbÈr. 12B81554
Page 12

NELSON STREET CHURCH, ROCHDALE
Notes to the accounts
For the perlod ended 31st December 2022
I ACCOUNTING POLICIES
Basis of preparatlon
The financial statements have been prepared in accordance with the Companies Act 2006 and
Accounting and Reporting by Charities.. Statement of Recommended Prattice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151- (Charities
SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021 and the Charities Act 2011.
Nelson Street Church Rochdale meets the definition of a public benefit entity under FRS
102. Assets and liabilities are initially recognised at historical cost or transaction value unless
otherwise stated in the relevant accountln8 policy notelsl.
The trustees consider that the Nelson Street Church Rochdale is a going concern and have
accordingly prepared the accounts under the historical basis of accounting.
The trustees are confident that with the continued support of the congregation, and
appropriate management of expenditure, the church is a going concern and will continue to
be financially viable in the foreseeable future. Budgets and cash flow forecasts are in place
for 2023 and leve15 of free reserves at the start of 2023 were adequate for projetted levels
of expenditure for 2023.
Funds
General fijnds represent the funds of the charity that are not subjett to any restrictions
regarding their use and are available for application on the general purpose5 of the church.
Restricted funds are those donated for specific Purposes.
Income
Voluntary income and copital sources
Donations and other income are recognised when received and an estimate of income tax
recoverable is recognised when the related donation5 are recognised.
Grants and legacies to the church are accounted for as soon as the church is notified of rts
legal entitlement, the amount due is quantifiable and its ultimate receipt by the church is
probable.
Flxed assets
Additions and improvements to the newly acquired church premises are written off as
incurred.
13

Only items costing £1,000 or above are capitalised. Fixed assets are depreciated on a
straight line basi5 a5 follows..
Improvements to the buildings- 10 years
Fixtures and fittings including elertricals.. 5 years
Plant & machinery including Sound and audio.. 5 year5
Computer equipment: 3 years
Current assets
Amounts owing to the church at 31 December in respect offees, rents or other income such
as gift aid are shown 35 debtors less provision for amounts that may prove uncollertable.
14

NELSON STRE￿ CHURCH. ROCHDALE
NOTES TOTHE FINANCIALSTATEMEMTS
FOR THE PER￿• ENDeD DECEMBER 31ST 2022
Unre&trlBt•dRostrl¢tsd
funds
nds
2022
2022
Total
nd5
2022
Unraslrlctod R￿tr￿tsd
Toial
lund8
furvJ5
furKI8
2020.21
2020-21 2020-21
INCthME FROM..
2 Vduntsry G￿Ing
&nn8d giving
1>8nls f￿M the SDF
Othergrants
(￿h￿rdonatiOnS
Cash colleclknns
Giltald tax
36947
36,947
146.598
32.728
72,35B
6,269
6,269
192.004 192,004
1,750 106521
146,sgB
31,667
1,061
72358
IL14,771
150
2,945
6.073
6.073
2,945
116.438 178 264
294.702
113 985 193.904 307.889
3 Gharttabl& a¢tNIiiès
Bereavem8ntJourney
Nklds
Social AcUonlOJtrèath
(Xh8rintorlle
320
623
643
320
623
214
214
156
138
138
1.742
1.742
352
352
4 CHAR ￿ABLE ACTNMES. EXPENDrruREANALYSIS
Uw88t*lcted R•strlctad Totsl
fund8
fund
2022
2022
Unr•strl¢tsd Restrlctad
TofBI
funds
fwid8
funds
2021141
2020-21 2020-21
2022
Capkal antls8t ¥) C08ts
FU[ni￿re & equlpm8nt-church & office
Purtha5e of buiiaing & land, archlte¢t8 roos etc
Re￿Ibl$hm?ntO1 thurth bulldlng
Rentsl eosts
(Aherselup rx)5ts
2,307
70
2,377
7,249
27,522
4.754
34.771
4,754
117,407
2fi83
6D80
117.407
8.822
3,063
329
160
8.951
3,223
2.883
6,042
38
8,991
559
9,551
124.694
41,000 165.694
Chvrch uJlllles
Offl¢è udllties & councll tax
Cleanlng.waste & tsanitary
Insurance
Securlty
HeBIth & aufety
Serylclng and tnalntsnaThce
Depred8Uon
15.734
1.671
4.433
977
2043
276
1,752
2,041
1.648
17.282
1,830
4.433
977
2,843
278
1,752
2,041
1.099
5,711
482
3,732
855
2,046
,810
482
3,749
855
2.046
447
57
1,020
1.020
1.702
2.193
13.216
15.409
C•ntral toam C￿t$
Cl)erallons Managerand Admln Salarfgs
Prinllng &stalon•ry
Parlsh Share
MaTketing and publicty
Communlcalion5 Iphona. broadband atcl
Accountants and prof8sslonal costs
Fumllure & equipmeni
Training and recrulkn￿nI
Finance diarges
Focus Costs
39,676
186
20,000
39.676
962
20.000
26.g62
1,108
13,500
1.068
659
245
117
T70
1.410
28,962
4.065
13,500
1,107
737
1,495
453
823
1,529
776
2,957
647
1.104
1,3DO
2.145
e35
429
864
39
100
1.204
1.300
2.145
690
997
1,25D
336
52
110
S2
588
Pège 15

Travel, subsisten(x Bnd hospilality
Subs¢ripVons,Ilcens8s and sOr￿ar@
Other ￿nts￿l (x)s
1.330
601
456
1.330
610
456
67
483
342
185
55D
342
70,683
5,001
46,848
51 B49
Worsl4p& servlBes costs
Worshlp salanes
Equlpmeni
Licansesand subscrlpllons
Hospitalityand integrat￿n
Chrisbnas. Easterand spedal serw
Ctherworship costs
ersetvice cos
27,475
1.833
27.475
7.224
30,818
4.246
1.091
855
3D.818
5.852
1.091
773
708
291
1,070
5.390
1.606
1.985
1260
338
414
1.985
1.2eo
439
414
118
708
291
1,070
35
39,644
38.171
40.603
Youth & chifdron
Salaries
Youth team equlpTrent& resourc88
Team hospltsllty
Youlh Team Even
Youth team general costs
Chlldren's wotk 8qulprnent& resoU￿S
Chidrenswork outregch and schools work
Childrens workevenls and parties
Ntots
Children'5 work- generdl costs
54.277
54.277
2,149
292
405
404
2,150
1.092
330
581
6S9
35.957
160
35.957
916
2,149
292
405
404
2.150
1,092
330
581
659
756
67
101
243
4,101
309
4,202
147
4.227
4.373
8.062
54.277
82.339
Course¥, 0￿¥a¢handSo¢lal actloh
8eieav8m8nlJourn&y
CAP
COS parenong
Jpha
Social acbonloutreach re50u¥¢esetc
CAhercourses cos
49
177
49
177
192
90
733
192
90
733
973
2.400
75
973
2.400
75
1,585
2,055
3NO
74
3,674
1.585
3.070
4.654
Total¢￿1*
146 539
217 323
136 975
186992
323
67
Afee of£1,250wasarxrued In the pefiod for Ind8pende*18xamlnalon and preparationofaccounts
5 SALAR￿5
Anatysisorpayroii lad￿1￿1thred by MDBFI..
2022
2021
Gross pay
Ernployers Nl
EThployers Penslon
113,523
6,058
1.846
88,487
4,014
1,236
121428
93,737
In the 12 monlh p8rlod ended 31s1 Decembgr2022 ble¥8 W8S an av8règtr of4.56 FTEI2D20.21 2.6 FfEI ofstaff.
Averag8 Staff nurnbetswere S.
The key managem￿1 role was filled by the R•vd Jan8 Cronln who Tecaived hersa18ry frem Iho dloc888 and recelved no
emolurn8nts orbenefits In ￿nd from Nelson Str8elChufth. Expenses Incu￿84 on beh8lltsfthe rhurth were refvnded
ag8inslrec8lpts. Nom8mberofstaff received renumèmtion ofabove £6D,000
PdgR 16

6 TANG18LE F￿e0 ASSETS
Compu￿[ Other
Equlpmenl Equlprnèni
ToTal
Openlng balanr* 111122
Purchases
Closlng balen￿ 31112122
13.081
30,471
43.558
13.087
30,471
43558
Opening balance 111r22
Chaw& for the p&riod
Closlng balance on accumulatsd depreck4l￿n 31M2122
1,186
4,362
5,54e
3.09e
6,094
9.192
4284
10.457
14,741
Closlng balance on fixed assets 31M2r21
11.901
27.373
39.274
Closing balance on fixed 0s88ts 31112rL2
21.279
7 DEBTORS
2022
2021
ftald 8c(xued
Gr8nts awatde¢J not r8celved
cther Income received noiyetffi bankaccotsnt
2.131
5,000
1,150
2,945
6.400
578
8.281
9.921
cRED￿OR8.. AMOUNTS FALLING DUE WITHIN 12 MONTHS
2022
2021
Amounts fa14ng di￿￿khI￿anA yoar
Accrualsano defeiied Income
MDBF loan repoyabl8 In nèxt 12 rnonths
4,540
3392
12,523
4.540
15,g15
9 cRED￿oRs.. AMOUNTS FALUNG DUEAFfER 12 WNTHS
117.407
104,884
Thg MDBF aY￿ad a loan ofvp ￿ £120k to NSCR to helpfijnd Ihe refurbishment ofh8 building_Al tha 31stolDe￿Trber2O22 the arllounl
spanton behalfofNSCR was £117.406.76. Ot>lh2 2nd elAugus120Z3 Itwas agreed thatlhe repaymenls would b8 rnade over60 months
commanclngfrom the 1stofJuly2025. WdryJmstane*s pemltthé loan wlll be rapald 8tan earflerdate.
loa STATEMENT OF M¢WEIAENTS IN FUNDS 2022
C*enlng hrA)ming
Ba19nce
r88ources
2022
2D22
Resources closlng
eYp8nd8d balance
2022
2022
118180
24,758
FIx00as5•ts pfyldfor by r•Jtrlc10dftMth.SDF
8.25S
4.422
Fur
SDF grant tOW8rds ttsnning costs
SDFgranltowards s8larie5
SDFgronllorS&t Up
SOF Parish Shara
Chureh Kltshtn donBtioTr
Diocesan EnargyGrdnl
Church Hanidonations
657
3,760
11.8681
121,428 1121.4281
160
11601
20.000 12D,OODI
25.000"
1,250
6.687
178.264 1144,7061
2￿9
25,000
112501
6,867
34216
657
Total ro8tYlctedfundB
6.912
178.264 1146,5391
38.637
Tot•1 F4thd•
15.726
298 445
217.323
63,396
Pège 17

10b STATEMENT OF MOVEMENTS IN FUNDS 2020Q1
OpenSng Incornlng
Balance
f&50urra&
2020-21 2020-21
R8sourcè8 doslng
expended balance
2020-21 202￿21
strlctsd F
114.337
136.975
22.638
trlctedf
Fl¥gd o$sots pgldlor by ro8trl¢todfundJ. SDF
7,3D1
11,0461
e,255
Funds
SDFgrdnttowards wThnlng costs
SDFgr8nttowards sa18r￿S
SDFgraniiorSei up
CRT Love ch￿s1r￿a5
54,796 154,1391
93.737 193.7371
36.170 136.17UI
1,900
1,900
18e,603 1185,9461
657
657
Total roitrlct•dfLmds
193,903 1186,9921
6,g12
Total Funds
308,241
323,967
15.726
8DF grants
The Nelson streetchu￿ Rochdal?INSCRITXDJect ￿ belng fund8d byth8 Chuld) Comtssloners ICC). The prlfyctvlll be d81Sv8radlolnUy by
NSCR and U)e MDBF (Madiester DI0￿9￿1k Board of Flnanc81. The sllpendary costs 019 vicar and CU￿te forih&fltst5yèars plus the coslof
refurblshing ihe church wlll bè metdireGUyoulofthe CC gr8nts by MDBF and these are notreflected In trese accounts. Runnlng cosis of
up to £208k. %el UP Gosts of upto£40kand SAlary costsof up 10£595kwlll be covered by NSCR who wlll c181m Gotsts inGUtred backfrom the
MDBF. RunnSryJ costs. setup costs and salaries costs Sncurr8d bytha MOBF on behalfofNSCR are also relected Sn thase accounts as are
Ihostr Costs Inculred by NSCR diFe¢Uy and r*daimed from the CC vig the MDBF. Par￿h Sh8r8 costs of£126koverthe period are also
covereo bY￿e granL
The b)tal dalm8d each yègr by N8CR Mll be Teducad bytht ¥[rK￿ntofcAMgregafjo￿al [Trc0￿ gen8ratad whkj) Is esumated to be a total oft3fj0
Atot8101£41,326 was reported foro)ngrag8tion81 IncoThe lorthe perfod from Apdl 2021 th Dèc8mber2022
These accountsfor 2022 refteclthe amouots sp8ni8nd claimed by NSCR from kne MDBFwltsfihe toialsgranted bythe CC up to the end
of2022.
Afvth&r£65kwas secured troTh Ihe SDF In May 2023for8 childreD'swos*er starung atsr U)8 surnm8rof2023.
11 ANALYSIS OF NET ASSETS8tTY￿EN FUNDS
Unrestrfcted Restdcied
nds
nds
2022
2022
Total
nds
2022
UnTe5tr1cted Reytrlcle
funds
lunds
2021
2021
T¢tal
funds
2021
Fixed assets
24.396
122,309
14,5401
1117.4071
4.422
3421e
28,818
156.524
14.5401
0 1117.4071
33,019
6.255
39.275
e3,000
2,799
6S,799
113,7731 12,1421 115,9151
1104,8841
0 1104.8841
Crediknrsdue wthin one year
Credltor5dug atsron8 year
NET ASSETS
24.758
38.637
63,395
22,638
6.912
15.728
12 REiATED PARTE8
No parues related to tha board olthe Nelson Str8etChtsrch, Ri>rhdale recew any ronumwalorsorbènefits In kind In the perfod reported
In these finandal skternents.
None oflhe trusteesware r8lmbursed forexpenses relating to Ser¥￿eS provlded to the tharftyas trJstÈes. Some expenses
ware re￿nded to trusteesfor?xp8ns8s occurred on behalfofthe church.
tsw8re recelved from tsustees In 2022 IOtslling£73.750.
13 ¢OMMThMENTS
The church h88 rentsd the church bvSldSng trom MD8F tor 10 y8arsfrom the 1stofJuly2020 foron annual ren121 of£1.
(kn the 12th ofmay 2D21 the churth ant?￿d into 8 rental agrtèmtrntforoffirE Sp￿￿ o119a Drake Stre?L The agree￿entWey1or2 years alan
onnu81 renlof£3,950.
Page 1