## ## ## ## ## ## ## ## ## ## |||||Page|| |---|---|---|---|---|---| |Reference|and Administrative
Details||||| |Report of|the Trustees||2|to|5| |Report of|the Independent
Auditors||6|to|7| |Statement|of Financial|Activities|||| |Statement|of Financial|Position|||| |Notes tothe Financial||Statements|10|to|16| ## |Tl'ustees|Paul Bailey|||| |---|---|---|---|---| ||Peter John Bigley (Retired August 2022)|||| ||Hazel Margaret
Bloxham|||| ||Gillian Elizabeth
Device||(Appointed|January 2023)| ||Yen. Archdeacon
ofWalsall|||| ||Christine
Granby|||| ||Lloyd Leaberd
Hamilton|||| ||Rebecca Lucy Howard|||| ||Kevin Love (Resigned|February 2023)||| ||Joan McDonald (Retired||August 2022)|| ||Gary Roberts|||| ||Martyn
Roy Treadgold|||| ||David Edward Turner|||| ||Lyn King (Appointed
August 2022)|||| ||Brian Turner (Appointed||April 2023)|| |Principal address|c/o Mrs JSStyler|||| ||8 Yarnborough
Hill|||| ||Stourbridge|||| ||West Midlands|||| ||DY8 2EB|||| |Registered charity number|216308|||| |Auditors|Haines Watts Birmingham||LLP|| ||5-6Greenfield
Crescent|||| ||Edgbaston|||| ||Birmingham|||| ||B153BE|||| |Bankers|National
Westminster|Bank Pic||| ||309 High Street|||| ||West Bromwich|||| ||West Midlands|||| ||B708LX|||| ## ## ## ## ## ## ## ## ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| |||||Revenue|Capital|Total|Total| |||||fund|fund|funds|funds| ||||Notes|2|2|2|2| |Income and endowments||from|||||| |Investment
income|||2|3362||3 BDD|10418| |Expenditure
on|||||||| |Raising funds|||3|6,537||6,537|3,354| |Charitable
activities|||4||||| |Charitable
activities|—grant|giving||54D 662||342 OOD|722 702| |Total||||S47197||547 197|726 056| |Net (losses)/gains|on investments||||~1498336|~1ala 5227|2474 221| |NET INCOME/(EXPENDITURE)
Transfers between funds|||12|(543,397)
522 295|(1,498,556)
~322 295|(2,041,953)|1,758,613| |Net movement
In|funds|||(21,102)|(2,020,851)|(2,041,953)|1,758,613| |Reconciliation
of|funds||||||| |Total funds brought|forward|||423,307|17,493,020|17,916,327|16,157,714| |Total funds carried forward||||422 222|12472129|~1327
374|9 6327| ## ## |||||2022||2021| |---|---|---|---|---|---|---| |||Revenue|Capital|Total||Total| |||fund|fund|funds||funds| ||Notes|2|2|2||2| |Fixed assets||||||| |Investments||||||| |Investments
Investment
property|8
9|19D ODO|14,599,134
~873 35|14,599,134
~733 935||16,533,960
1 149D60| |||190,000|15,472,169|15,662,169||17,683,020| |Current assets||||||| |Debtors|10|2 172||2,172||30,204| |Cash at bank||242 941||242 941||214D83| |||244,213||244,213||244,287| |Creditors||||||| |Amounts
falling due within one year|11|(32,008)||(32,M8)||(10,980)| |Net current assets||2122M||212205||233,307| |Total assets less cunent liabilities||402,205|15,472,169|15,874,374||17,916,327| |NET ASSETS||4D2 295|15,472,169|19,874,37||17.916.327| |Funds|12|||||| |Revenue funds
Capital funds||||402,205
15472169,|,|423,307
93 020| |Total funds||||~73 74374||17916327| ## ## ## ## ## ## ## ## ## ## ## ## |Charitable|activities co|sts|||||| |---|---|---|---|---|---|---|---| |||||||2022|2021| |||||||2|2| |Contributions|to Parish Church Councils|||||239,807|447,743| |Contributions
Contributions|to incumbents
to incumbents'|stipends
and trust funded
workers
and layworkers'
expenses||||260,068
~10095|237,518
~9641| |||||||509,970|694,902| |Support costs - Secretarial fees||||||3,050|2,900| |Support costs - Clerk's fees
Governance
costs (see note||5)||||15,400
~12240|15,000
~9900| |||||||540,660|~722 702| |||||||2022|2021| |||||||2|2| |All Saints||||Administration|grant|10,000|10,000| |||||CCTV|||3,731| |||||Drainage works||29,540|13,342| |||||Lightning
conductor|||900| |||||Architects fees||762|250| |||||Archeologists|fees||1,080| |||||Hopkins
drive|||4,758| |||||Energy contribution||7,711|| |||||Noriceboard||2,454|| |||||LigMing||2,472|| |St Mary Magalene||||Administration|grant|10,000|10,000| |||||Vicarage decoration||685|1,400| |||||Energy contribution||3,890|| |||||Tables||1,543|| |Holy Trinity||||Administration|grant|10,000|10,000| |||||Quinquennial|works||44,630| |||||Insulation||2,300|| |||||Energy contribution||4,972|| |St Andrew' s||||Administration|grant|10,000|10,000| |||||Kitchen boiler|||2,684| |||||Energy contribution||4,117|| |||||Clergy advert||999|| |||||Fencing and outdoor work||3,239|| |St Francis'||||Administration|grant|10,000|10,000| |||||Audio visuals|||9,241| |||||CCTV|||1,800| |||||Quantity
surveyor|||1,978| |||||Roof repairs|||111,146| |||||Quinquennial|report|1,000|| |||||Energy contribution||4,729|| |||||Vicarage decoration||2,202|| |StJames'||||Administration|grant|10,000|10,000| |||||Asbestos survey|||420| |||||Streaming
camera|||4,732| |||||Chairs||14,210|| |||||Quinquennial|report|714|| |||||Energy contribution||2,913|| |St Paul's||||Administration|grant|10,000|10,000| |||||Quinquennial|report|540|| |||||Boiler||1,890|| |||||Energy contribution||2,892|| ## ## ## ||St Peter'|s|s||||||Administration|Administration||grant|10,000|10,000| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||Sale Families||for Children|||(14,250)| ||||||||||Window survey|||||2,407| ||||||||||Architects|fees||||5,622| ||||||||||Kitchen works|||||21,840| ||||||||||Energy contribution||||8,045|| ||St Phillip's||||||||Administration|||and music grant|10,000|10,000| ||||||||||Architects|fees||||450| ||||||||||Lighting|||||20,919| ||||||||||Quinquennial||report||1,600|| ||||||||||Heating||||13,740|| ||||||||||Electrical||||463|| ||||||||||Knotweed|removal|||2,280|| ||||||||||Energy contribution||||6,034|| ||||||||||CCTV||||2,807|| ||||||||||Scaffolding||||2,280|| ||||||||||Vicarage decoration||||220|| ||||||||||Vicarage patio|||doors|6,564|| ||Sandweg||Churches|||Link|||Work grant||||10,000|10,000| ||Transforming|||Communities|||||Work grant|||||10,000| ||General|Parish Church
contributions||||||||||||98,663| ||||||||||||||~239807|~447 743| ||||||||||||||2022|2021| ||||||||||||||2|2| ||Contributions|||to|incumbents'||and layworkers'||expenses|||||| ||West Bromwich||||Deanery Synod||||Expenses||||4,200|4,200| ||St Phigp's||/|St Mary||Magdalene|||Vicars settling|||in allowance||2,500| ||St Andrew's
St Paul's|||/ St|Mary Magdalene||||Workers expenses
Children' s' worker expenses
Clergy expenses||||1,760
1,491
~2644|2,941| ||||||||||||||10,095|9,641| ||||||||||||||2022|2021| ||||||||||||||2|2| ||Contributions|||to|incumbents'||stipends|and trust funded
workers||||||| ||All Saints||||||||||||81,497|83,296| ||Holy Trinity||||||||||||49,666|53,018| ||StJames'/|||St Paul's|||||||||43,322|44,127| ||Workplace
missioner
West Bromwich Pioneer Leader||||||||||||30,675
~54910|23,768
~33309| ||||||||||||||~260 068|237,518| |5.|Support||costs||||||||||Governance|| |||||||||||||||costs| |||||||||||||||2| ||Charitable|||activities||||||||||~12 240| ## ## ## ## ## |There
were
no trustees'
expen
31 December 2021.|There
were
no trustees'
expen
31 December 2021.|ses
paid
fo|r the
year
end|ed
31 December|2022
nor
for th|e
year
ended| |---|---|---|---|---|---|---| |Comparstives
for the statement||offinancial|activiTies|||| |||||Revenue|Capital|Total| |||||fund|fund|funds| |||||2|2|2| |Income and endowments|from|||||| |Investment
income||||4,601|5,817|10,418| |Expenditure
on||||||| |Raising funds||||3,354||3,354| |Charitable
activities||||||| |Charitable
activities —grant|giving|||722,702||722,702| |Total||||726,056||726,056| |Net gains on investments|||||2,474,251|2,474,251| |NET INCOSIE/(EXPENDITURE)
Transfers between funds||||(721,455)
562100|2,480,068
~562400|1,758,613| |Net movement
in funds||||(159,355)|1,917,968|1,758,613| |Reconciliation
offunds||||||| |Total funds brought
forward||||582,662|15,575,052|16,157,714| |Total funds carried forward||||423307|17493020|17916327| ## |Fixed asset Investments|| |---|---| ||Listed| ||investments| ||2| |Market value|| |At 1 January 2022|16,533,960| |Additions|935| |Disposals
Unrealised
losses|(384,048)
~5S7 713| |At 31 December 2022|14009104| |Net book value|| |At 31 December 2022|14099134| |At 31 December 2021|16533965| |The balance|all relates to|all relates to|investment|investment|assets|held in the UK.||| |---|---|---|---|---|---|---|---|---| |The fair value|of|the fixed|asset|investments||is made up of:||| ||||||||2022|2021| ||||||||2|| |Investments|- CCLA||||||600134|6033960| ||||||||~74 50134|16533960| |Investment
property||||||||| |Fair value||||||||| |At 1 January
Disposals|2022|||||||1,149,060
~6~025| |At 31 December||2022||||||~1063035| |Net book value||||||||| |At 31 December||2022||||||~1063035| |At 31 December||2021||||||~t, f49060| |The fair value|of|investment|property||is made|up of:||| ||||||||2022|2021| ||||||||2|2| |Revenuefund||||||||| |210Friar Park Road (Purchased||||September||2008)|190,000|190,000| |Capital fund
Ground
rents|||||||073535|959065| ||||||||1,563535|1,149,060| ## ## ## |||||||||2022|2021| |---|---|---|---|---|---|---|---|---|---| |||||||||2|2| ||Lichfield Diocesan|Board|||||||25,867| ||Rents and insurance||||||||| ||outstanding|||||||~2172|4,337| |||||||||~2172|30,204| |11.|Creditors: amounts||falling due||within one year||||| |||||||||2022|2021| |||||||||2|2| ||Accrual s and deferred|||income||||11,940|10,980| ||Lichfield Diocesan|Board||||||20,068|| |||||||||32,008|10,980| |12.|Illlovement
in funds||||||||| ||||||||Revenue|Capital|Total| ||||||||fund|fund|| ||||||||2||| ||At 1 January 2022||||||423,307|17,493,020|17,916,327| ||Net incoming/(outgoing)|||resources|||(543,397)||(543,397)| ||Transfer between|funds|||||522,295|(522,295)|| ||||||||402 205|16970725|17372930| ||Realised gains on|sale||of investments||||65,952|65,952| ||Realised losses on sale ol investment
property
Unrealised
losses on revaluation
of investments|||||||(12,795)
(12,795)
~1,551,713)~1551.713)|| ||At 31 December 2022||||||402 205|15472169|1527437| ## ## ## ## ## ## ## ##