## **Trustees’ Annual Report for the period** ## **From 01/01/2022 Period start date 01/01/2022 To Period end date 31/12/2022** ## **Charity name: Victory Outreach Church Birmingham** ## **Charity registration number: 1193053** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|Victory Outreach Birmingham objects are:
To advance the Christian faith in
Birmingham and the Black Country by
providing a place of worship and holding
religious services, ceremonies, public
celebration of religious festivals, raising
awareness of religious beliefs and
practices, and religious education. Also,
providing pastoral care and relieving the
needs of those in poverty, financial
hardship or ill health as a practical
expression of faith; To advance the
education of the public in life skills,
personal development skills and
employability support.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|We promote religion for the benefit of the
public by holding services, prayer meetings
and discipleship courses about the
Christian faith. We encourage and
facilitate the practice of the religion by
existing followers by providing Sunday
services open to the public and conducting
religious ceremonies.
We advance education for public benefit by
giving information in a way that increases
the knowledge and abilities of those being
educated; increasing public learning and
knowledge about Christianity but also
about life skills, personal development and
helping support with getting back to work.
This is to help the development of
individual capabilities, competencies, skills
and understanding for life.
Our beneficiaries are our congregation and
people we connect with, but all of our
courses and studies are open to the public
and anyone that feels they would benefit
from them.| Statement confirming Para 1.18 Our trustees have regard to the Charity whether the trustees have Commissions guidance on public benefit. had regard to the guidance issued by the Charity Commission on public benefit ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|The charity has seen growth during 2022
as more people are meeting and interacting
in person. We have consistently provided
weekly in person services to encourage
and uplift people in the after effects of the
pandemic. We have celebrated the
Christian religious festivals with services
and teaching about them. We have also
had our first baby dedications and baptism.
We have also united with other churches in
our area to support each other and bring
cohesion with other Christian communities.
We provide a weekly schedule of in person
and online prayer and bible discussion that
is open to anyone that wants to connect or
be enlightened about the Christian faith.
We provided discipleship training to our
congregation and have courses to help
people grow in their faith and
understanding of who they are. Many have
grown and become the core of the church
that are encouraged to love and help| others around them. We have really seen a development in the sense of family and community in our church as we have been having social events for people to come together to help combat loneliness and isolation. We have continued to share the gospel on the streets each week and providing help for people living on the streets and others in addiction by signposting them to a Victory Outreach recovery home where they have done a residential recovery programme and seen their lives changed. We provided pastoral care to those in need by helping those who were sick, praying for them and helping to provide for any needs they have. We have also been a collection point for the food bank and have encourage people to give to those struggling with financial need and lack of food at this time. We encourage our congregation to be a light in our community and help where we can see a need. **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity is in a positive financial position
as of the end of this period as our income
has increased in the financial year.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The trustees of Victory Outreach
Birmingham recognise importance of a
reserves policy to help demonstrate good
stewardship and financial management
and to manage its reputation. Our policy is
to retain sufficient reserves to ensure that
the church charity has sufficient funds to
meet its financial commitments; to
demonstrate that the church charity is
sustainable into the future; To ensure that
the church charity is able to manage future
unforeseen financial difficulties; To ensure
that excessive funds are not held without
any identifiable reason or for any
identifiable purpose.| |Amount of reserves held|Para 1.22|£1000| |Reasons for holding zero
reserves|Para 1.22|n/a| |Details of fund materially in
deficit|Para 1.24|None| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|n/a| ## **Additional information (optional)** You may choose to include further statements where relevant about: The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|New trustees are appointed by the existing
board of trustees on the basis of their expertise
and involvement in furthering the vision and
mission of the charity.| ## **Additional information (optional)** You may choose to include further statements where relevant about: Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other ## **Reference and Administrative details** |Charity name|Victory Outreach Church Birmingham| |---|---| |Other name the charity uses|VO Birmingham| |Registered charity number|1193053| |Charity’s principal address|18 Hollywood Croft
Great Barr
Birmingham
B42 1HT| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**| |---|---|---|---|---| ||James Hunter|Chairperson||| ||LucyBartley|Secretary||| ||Tarnya Coley|Treasurer||| ||Stephen Miles|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** Reverend Colin Ruddock ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** Our volunteers are crucial to what we do. We acknowledge the amazing contribution that our volunteers make in helping us to achieve our charity objectives. They are passionate about making a difference to the lives of others through the work of our charity. We appreciate all they do. ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Lucy Ann Bartley **Position (eg Secretary,** Secretary **Chair, etc)** **Date** 17-10-23 **Charity registration number 1193053** ## **VICTORY OUTREACH CHURCH BIRMINGHAM ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** 1 ## **VICTORY OUTREACH CHURCH BIRMINGHAM LEGAL AND ADMNISTRATIVE INFORMATION** **Trustees** James Hunter Tarnya Claudette Coley Lucy Ann Bartley Stephen John Miles **Registered office** 18 Hollywood Croft Birmingham B42 1HT **Charity number** 1193053 **Independent examiner** Erdingsworth Business & Tax Advisors Ltd Unit 115-119 Fort Dunlop Fort Parkway Erdington Birmingham B24 9FE 2 ## **VICTORY OUTREACH CHURCH BIRMINGHAM** ## **CONTENTS** ||**Page**| |---|---| |Independent examiner’s report|1| |Statement of financial activities|2| |Balance sheet|3| |Notes to the financial statements|4 - 9| 3 ## **VICTORY OUTREACH CHURCH BIRMINGHAM** ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF VICTORY OUTREACH CHURCH BIRMINGHAM** I report to the trustees on my examination of the financial statements of VICTORY OUTREACH CHURCH BIRMINGHAM (the Charity) for the year ended 31 DECEMBER 2022. ## **Responsibilities and basis of report** As the trustees of the Charity (and its directors for the purposes of Company Law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the act 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner’s statement** Since the Charity’s gross income exceeded £35,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Accounting Technicians (AAT), which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act: or 2. the financial statements do not accord with these records; or 3. the financial statements do not comply with the accounting requirements of section 396 of the Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the financial statements to be reached. ## **Erdingsworth Business & Tax Advisors Ltd** Unit 115-119 Fort Dunlop Fort Parkway Birmingham B24 9FE Dated: 5[th] October 2023 1 ## **VICTORY OUTREACH CHURCH BIRMINGHAM** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ |||**Unrestricted**|**Total**|**Unrestricted**|**Total**| |---|---|---|---|---|---| |||**funds**||**funds**|| |||**2022**|**2022**|**2021**|**2021**| |**Notes**||**£**|**£**|**£**|**£**| |**Income from**|||||| |Income from charitable|||||| |activities|**3**|23,678|23,678|17,584|17,584| |**Total Income**||23,678|23,678|17,584|17,584| |**Expenditure on:**|||||| |Charitable activites|**4**|23,740|23,740|21,234|21,234| |**Net income for the year/**|||||| |**Net movement in funds**||(62)|(62)|(3,650)|(3,650)| |Fund balances at 1 November|2021|665|665|4,315|4,315| |**Fund balances at 31 October**|||||| |**2022**||603|603|665|665| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 2 ## **VICTORY OUTREACH CHURCH BIRMINGHAM** ## **BALANCE SHEET** _**AS AT 31 DECEMBER 2022**_ |**Notes**
**Fixed assets**
Tangible assets
**5**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**6**
Net current assets
**Total assets less current liabilities**
**Income funds**
Unrestricted funds
General unrestricted funds|**£**
**£**
**£**
**£**
1,578
1,753
1,563
1,103
1,563
1,103
346
-
1,217
1,103
2,795
2,856
2,795
2,856
2,795
2,856
2,795
2,856
**2022**
**2021**|**£**
**£**
**£**
**£**
1,578
1,753
1,563
1,103
1,563
1,103
346
-
1,217
1,103
2,795
2,856
2,795
2,856
2,795
2,856
2,795
2,856
**2022**
**2021**| |---|---|---| ||1,563
346|| ||2,795|| |||2,856| |||2,856| |||| |||2,856| The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2022. The directors acknowledge their responsibilities for complying with the requirements of the Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. The financial statements were approved by the trustees on 5[th] October 2023 ………………………….. Lucy Ann Bartley **Trustee** 3 ## **VICTORY OUTREACH CHURCH BIRMINGHAM** ## **NOTES TO THE FINANCIAL STATEMENTS** ## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **1 Accounting Policies** ## **Charity Information** Victory Outreach Church Birmingham is a Charity registered in England and Wales. The registered office is 18 Hollywood Croft, Birmingham, B42 1HT ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the Charity’s (governing document), the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (FRS 102) and the Charities SORP “Accounting and Reporting by charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The charity is a Public Benefit Entity as defined by FRS 102. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. ## **1.4 Income** Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of donation. Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 4 ## **VICTORY OUTREACH CHURCH BIRMINGHAM** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **1 Accounting Policies (continued)** ## **1.5 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated based on time spent, and depreciation charges are allocated on the portion of the assets use. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised to write off the cost or valuation of assets less their residual values over their useful lives on the following basis. Fixtures and fittings 20% straight line Computers 20% straight line ## **1.7 Impairment of fixed assets** At each reporting end date, the Charity reviews the carrying amount of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss (if any). ## **1.8 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.9 Trade creditors** Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operation from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. 5 ## **VICTORY OUTREACH CHURCH BIRMINGHAM** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **1.10 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employees’ services are received. Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of any employee or to provide termination benefits. ## **1.11 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. ## **2 Critical accounting estimates and judgements** In the application of the Charity’s accounting policies, the trustees are required to make judgments, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that, or in the period of the revision and future periods where the revision affects both current and future periods. 6 ## **VICTORY OUTREACH CHURCH BIRMINGHAM** **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **3 Donations and legacies** |Donations and gifts
Legacies receivable
**Donations and gifts**
Church offerings and legacies|**Unrestricted**
Unrestricted
**funds**
funds
**2022**
2021
**£**
£
23,678
17,584
-
-| |---|---| ||23,678
17,584| ||**(Continued)**
23,678
17,584| ||23,678
17,584| ## **4 Charitable activities** |Staff costs
Office premises and
other costs
Governance costs
Staff and training
**Analysis by fund**
Unrestricted funds|**Projects**
**Total**
**Projects**
**Total**
**2022**
**2022**
**2021**
**2021**
**£**
**£**
**£**
**£**
3,250
3,250
3,250
3,250
19,617
19,617
17,864
17,864
360
360
-
-
120
120
120
120| |---|---| ||| ||23,347
23,347
21,234
21,234| ||23,347
23,347
21,234
21,234| ||23,347
23,347
21,234
21,234| 7 ## **VICTORY OUTREACH CHURCH BIRMINGHAM** **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **5 Tangible fixed assets** |**Cost**
At 1 January 2022
At 31 December 2022
**Depreciation and Impairment**
At 1 January 2022
Depreciation charged in year
At 31 December 2022
**Carrying amount**
At 31 December 2022
At 31 December 2021|**Fixtures and Computers**
**Total**
**fittings**
**£**
**£**
**£**
-
1,753
1,753
214
1,753
1,967
-
-
-
43
351
393
43
351
393
171
1,402
1,574
-
1,753
1,753| |---|---| 8 ## **VICTORY OUTREACH CHURCH BIRMINGHAM** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **6 Creditors: amounts falling due within one year** |Credit card
Accruals and deffered income|**2022**
**2021**
**£**
**£**
46
-
300
-
346
-| |---|---| ## **7 Employees** The average monthly number of employees during the year was 1 (2021: 1) ## **Employment costs** |Wages and salaries|**2022**
**£**
3,250
3,250|**2021**
**£**
3,250
3,250| |---|---|---| The average headcount expressed as full-time equivalents was 1 (2021: 1). There were no employees whose annual remuneration was more than £60,000. ## **8 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. ## **9 Related party transactions** There were no disclosable related party transactions during the year (2021: £nil). ## **10 Independent examination** The remuneration paid to the independent examiner was £360 (2021: £400). 9