2022-12-31-accounts

		Page
Reference and administrative details
Trustees' Report		2-10
Report ofthe independent Auditors		11-13
Charity Statement of Financial Activities		14
Consolidated (Group) Statement ofFinancial Activities		15
Charity aalance Sheet and Consolidated	(Group) ealance sheet	16
Group Statement of Cash Flow		17
Notes tothe Financial Statements		18-32

	Strengthening the life and witness ofQuaker	meetings both in the	meetings both in the	area of	Central	Central	England Area
	Meeting and beyond;
	Spreading the message ofQuakers and interpreting		and developing	the thought		and practice ofthe
	Religious Society;
	Undertaking Quaker service for the relief of	suffering at home and		abroad;
IV.	Funding the concerns that Quaker meetings	in the	area ofCentral	England	Area	Meeting or beyond
	have adopted or agreed to support;
	Providing the pastoral care ofindividual members		and Attenders including		assistance to those in need
	and for education;
VL	Maintaining and developing Quaker Meeting	Houses as places for		public worship			and from which to
	carry out our witness to the world;
VIL	Administering and maintaining the organisation of		Central England	Area Meeting			and contributing	to
	the support of Britain Yearly Meeting.

al beneficiari	es (f):-
Beneficiaries
Overseas beneficiaries
Non-CEQ Quaker charities		32,195
Britain Yearly	Meeting	38,330
Non-Quaker	charities	25,839
Non-charities		4,715
TOTAL		101,079

CHARITY STATEMENT	OF FINANCIAL ACTI	VITIES FORTHE YEAR ENDED	31December	2022
		Unrestricted	Restricted	Total	Total
		Funds	Funds	2022	2021
				E	E
Income
Donations and legacies		90,643	149,922	240,565	185,851
Charitable activities		177,351	47,433	224,784	222,727
Investment Income		280,166	11,640	291,806	274,511
Other Income		5,372	4,034	9,406	43,582
Total income		553,532	213,029	766,561	726,671
Expenditure
Cost of raising funds		(10,225)	(6,402)	(16,627)	(11,371)
Charitable activities		(730,797)	(239,715)	(970,512)	(801,160)
Total expenditure		(741p022)	(246~117)	(987,139)	(821,531)
Net gains/(losses) on
investments		(182,049)	(128,148)	(310,197)	452,529
Net income/(expenditure)
before transfers		(369,539)	(161,236)	(530,775)	357,670
Transfers between funds		(41,640)	41,640
Net movement in funds		(411,179)	(119,596)	(530,775)	357,670
Total funds brought	forward	8~045~847	1~091p665	9' 37y51 2	Bp779p841
Total funds carried forward		7,634,668	972,069	8,606,737	9,137,512

			Unrestricted	Restricted	Total	Total
			Funds	Funds	2022	2021
		Note
Income
Donations and legacies			90,643	149,922	240p565	185,851
Charitable activities			177,351	47,433	224,784	222,727
Other trading activities			515,915		515,915	110,094
Investment Income			280,166	11,640	291,806	274,766
Other Income			9,372	4,034	13,406	126,212
Totalincome			1,073~7	213,029	1,286,476	919,650
Expenditure
Cost of raising funds			(490,644)	(6,402)	(497,046)	(353,193)
Charitable activities			(691,440)	(239,715)	(931,155)	(772,263)
Total expenditure			(1p182084)	(246117)	(Lp428y201)	(Lp125p456)
Net gains/(lasses) on
investments			(182,049)	(128,148)	(310,197)	453,309
Net income/(expenditure)
before transfers			(290,686)	(161,236)	(451,922)	247,504
Transfers between	funds		(41,640)	41,640
Net movement in funds			(332,326)	(119,596)	(451,922)	247,504
Total funds brought	forward		8172269	1091p665	9g263g934	9' 16p428
Total funds carried	forward		7,839p943	972,069	8,812,012	9,263,934

	Note	Charity	Charity	Group	Group
		2022	2021	2022	2021
Fixed assets
Tangible assets		1,402,865	1,500,591	1,414,801	1,522,062
Investments	12	6,468,209	6,825,885	6,468,209	6,825,885
Totalfixed assets		7,871,074	8,326,476	7,883,010	8,347,947
Current assets
Debtors	13	23,890	21,917	143,550	58,379
Cash at bank and in		749,920	820,437	884,356	915,227
hand
Total current assets		773,810	842,354	1,027,906	973r606
Liabilities
Creditors falling due	14	(38,147)	(31,319)	(105,696)	(82,745)
within 1year
Net current assets		735,663	811,035	922,210	890,861
Total assets less		8,606,737	9,137p512	8,805,220	9,238,808
current liabilities
Creditors falling due	14
after 1year
Provisions	16			(6,793)	(25,125)
Net assets	19	8,606,737	9,137,512	gp812p013	9p263p934
Unrestricted		6,204,538	6,215,658	6,409,814	6,342,079
Restricted	17	972,069	1,091,665	972,069	1,091,665
Designated	18	1,430,130	1,830,189	1,430,130	1,830,189
Totalfunds		8,606,737	9,137,512	8,812,013	9,263,934

GROUP STATEMENT OF CASH F	LOW FOR THE YEAR ENDED	31December 2022
		2022	2021
		Total	Total
		Fundsf	Funds f
Net movement in funds		(451,921)	247,504
Depreciation Charge		112,379	101,079
Dividends and interest		(291,806)	(274,766)
Losses/(gains) on investments		310,197	(437,882)
(Increase)/decrease in debtors		(85,171)	(2,562)
Increase/(decrease) in creditors	and provisions	41,284	(30,170)
Net cash used in operating activities		(365,038)	(396,797)
Cash flows from investing activities:
Dividends and interest received		291,806	274,766
Purchase offixed assets		(5,118)	(565)
Net sale/(purchase) ofinvestments		47,479	74,985
Net cash provided by investing	activities	334,167	349,186
Cash flows from financing activities:
Repayment of borrowing
Management ofliquid resources
Movement in short term deposits		(19,603)	20,905
Increase/(decrease) in cash in the year		(50,474)	(26,705)
Increase/(decrease) in short term deposits		19,603	(20,905)
Cash at bank and in hand		802,719	829,424
Short term deposits		112,508	133,413
Nat funds brought forward		915,227	962,837
Cash at bank and in hand		752,245	802,719
Short term deposits		132,111	112,508
Net funds carried forward		884,356	915,227

Furniture and fittings	at varying rates on cost
Computer equipment	25SLon cost
Heating and hot water system	10years
Refurbishment of Meeting house	20years
Conference Centre etc.	50years

		Unrestricted	Restricted	2022	2021
		Funds	Funds	Total	Total
				f	f
priory Rooms (RollSt)Limited:
Meeting 8	conference facilities	462,085		462,085	366,490
Corporation	Tax	18,334		18,334	(24,668)
Commercial	let tingsr
Letting fees		4,917		4,917	4,964
Other		5,308	6,402	11,710	6,407
		490,644	6,402	497,046	353,193
2021		350,068	3,428	353,193

Support, governance and other cost required centrally and there are no	s are directly incurred by central function costs.	the various funds	, there is no ap	portionmen
	Unrestricted	Restricted	2022	2021
	Funds	Funds	Tatal	Total
Payroll costs	67,945	133,024	200,969	190,669
Repairs and maintenance	204,291	11,985	216'276	140,248
Costs ofQuaker activities	130,728	45,221	175,949	181,223
Depreciation	112,379		112,379	101,079
Other employee costs	54,132	28,681	82,813	72,857
Utilities	52,795	9,745	62,540	29,429
Insurance	25,147	2,251	27,398	28,489
Costs ofgovernance	36,983	10	36,993	18,260
Other costs	7,040	8,798	15,838	10,010
	691,440	239,715	931,155	772,263
2021	576,394	195,869	772,263

The average number	ofemployees during the year analysed	by function was:
		2022	2021
Conference facilities		11	13
Other Branches and	projects	5	5
Wardens, caretakers	and gardeners	5	5
Administration		1	1
		22	24
The total staff costs	for the year were:
		2022	2021
		f	f
Wages and salaries	—conference facilities	211,944	238,629
Wages and salaries	—other	182,266	170,686
National insurance		22,144	29,570
Pension costs		20,019	21,037
		436,373	459,922

Net gains/(losses) on investments
	2022f	2021f
Unrestricted	(30,020)	224,457
Designated	(152,029)	134,693
Restricted	(128,148)	94,159
Total net gains	(310,197)	453,309

Group
	Refurbishment	Conference	Furniture	Computer
	ofMeeting House f	centre etc. f	&fittings E	equipment f	Total f
Cost
At 1January 2022	854,667	2,015,647	248,496	35,683	3,154,493
Additions			5,118		5,118
At 31December 2022	854,667	2,015,647	253,614	35,683	3,159,611
Depreciation
At 1January 2022	650,255	719,468	228,807	33,901	1,632,431
Charge for year	57,413	40,313	13,787	866	112,379
At 31December 2022	707,668	759,781	242,594	34~767	1p744~810
Net book amounts
At 31December 2022	146,999	1,255,866	11,020	916	1,414,801
At 31December 2021	204,412	1,296,179	19,689	1,782	1,522,062
Charity
	Refurbishment	Conference	Furniture	Computer
	ofMeeting House f	centre etc. f	&fittings f	equipment f	Total f
Cost
At 1January 2022	854,667	2,015,647	10,262		2,880,576
Additions
At31December 2022	854,667	2,015,647	10,262		2,880,576
Depreciation
At 1January 2022	650,255	719,468	10,262		1,379,985
Charge for year	57,413	40,313			97,726
At31December 2022	707,669	759,781	10,262		1377,712
Net book amounts
At 31December 2022	146,999	1,255,866			1p402,865
At31December 2021	204,412	1,296,179			1,500,591

depreciated at the balance sheet dat accumulated depreciation amounts.	depreciated at the balance sheet dat accumulated depreciation amounts.	depreciated at the balance sheet dat accumulated depreciation amounts.	e. No reliable information exists to include origi	e. No reliable information exists to include origi	n	al	cost and
The charity isthe beneficial owner ofthe			following heritage asset properties:
Type of	property		Year	Address
Freehold
Meeting	House		1969	6 Sandhigs Road, Barnt Green, 845 8NR
Meeting	House and wardens'	bungalow	1964	23Wafford Road, Cotteridge, Birmingham,			8301JB
Meeting	House		1930	Church Road, Northfield, Birmingham,	8312LB
Meeting	House and Conference Centre		1931	40 Bull Street, Birmingham, 84 6AF
CEQ Peace Hub			1931	41 Bull Street, Birmingham 84 6AF
Meeting	House		1953	Hill Street, Coventry, CV1 4AN
Meeting	House		1892	George Road, Edgbaston, Birmingham,		815	1JP
Meeting	House		1927	Hamlet Road, Hall Green, Birmingham,		828	9BG
Meeting	House and wardens'	flat	1972	112Castle Road, Hartshill, CV10 OSG
Meeting Meeting	House House and warden s' flat		1983 1695	17Colmore Row, Kings Heath, Birmingham, 39 High Street, Warwick, CV34 4AX			8147PE
Meeting	House		1939	Kenelm Road, Sutton Coldfield, 873 6HD
Woodlands Quaker Home			1945	434 Penn Road, Penn, Wolverhampton,		WV4 4DH
long leasehold
Meeting	House		1689	Scotts Road, Stourbridge, Dyg 1UR
Meeting	House		1905	65 Linden Road, Bournville, Birmingham,		830 1JT
Short leasehold
Meeting	House		1926	930Bristol Road, Selly Oak, Birmingham,		829 6NP

Group investments:
			2022		2021
		Freehold	l.isted	Freehold	Listed
		propertiesf	securities f	properties f	securities f
Market value brought forward		4,465,650	2,360,235	4,270,650	2,192,338
Net additions/(sales)			(47,479)	195,000	(269,985)
Revaluation			(310,197)		437,882
Total Group investments		4,465,650	2,002,559	4,465,650	2,360,235
Group fixed asset investments	are held between	funds as	follows:
				2022	2021
				f	f
Unrestricted				4,682,685	4,712,702
Restricted				742,447	869,979
Designated				1,043,077	1,243,204
Total Group Investments				6,468,209	6,825,885
Charity investments:
				2022	2021
				f	f
Market value
Freehold properties				4,465,650	4,465,650
Listed securities				2,002,559	2,360,235
Total Charity investments				6,468,209	6,825,885

The types of invest	ment held at 31December 2022 and their market	values were:
		2022	2021
		E	5
Listed investments	(incl. loan stocks)	211,623	241,644
Investment properties		4,465,650	4,465,650
Social investments		5,409	5,409
Other investments	(Unit Trusts, Branch &Trustee Reserves)	1,785,527	2,113,182
Total Group investments		6,468,209	6,825,885

England	Quakers.
		2022	2021
		E	6
Aggregate	capital and reserves	205,275	126,422
Profit for	the year after taxation	78,853	(110,166)

	2022	2021
	6	6
Sales ofconference facilities	569,925	169,694
Cost ofsales	(97,199)	(15,499)
Distribution costs	(3,418)	(284)
Administrative expenses	(376,121)	(372,410)
Other operating income	4,000	82,630
Management charge to parent charity
Operating profit/(loss)	97,187	(135,869)
Income and realised gains from investments		255
Gain on financial assets at fair value		780
Profit before taxation	97,187	(134,834)
Provision for deferred taxation (note 17)	(18,334)	24,668
Profit after taxation	78,853	(110,166)
The company paid a dividend of6Nil to the parent charity during the year (2021:Enil).
Debtors
	2022	2021
Group
Trade debtors	97,091	19,321
Other debtors	46,459	39,058
	143,550	58,379
	2022	2021
Charity
Trade Debtors
Other debtors	23,890	21,917
	23,890	21,917

Creditors: Amounts	Creditors: Amounts	falling due within one year
			2022	2021
Group
Trade creditors			6,773	3,993
Social security and other taxes			44,293	27,166
Accruals			36,569	40,829
Other creditors			18,061	10,757
			105,696	82,745
			2022	2021
Charity
Social security and other taxes			12,592	10,679
Accruals			25,555	20,640
			38,147	31,319
Creditors:	Amounts	falling due after one year
			2022	2021
Group
Corporation	Tax (in	Subsidiary)

Analysis ofGroup assets	between funds
		Fixed	Net	Creditors
	Tangible	Asset	Current	due after
	Fixed Assets	Investments	Assets	one year	Total
Unrestricted funds	1,414,801	4,682,684	305,536	6,793	6,409,814
Restricted funds
Local Meetings		92,719	41,027		133,746
Other Branches		21,200	162,509		183,709
Building Fund		411,619	26,086		437,705
Trustees Reserves		216,909			216,909
Designated funds
Local Meetings		642,318	314,256		956,574
Redditch
Bull Street
Building Fund			57,605		57,605
Black Country			15,191		15,191
Trustee Reserves		400,760			400,760
	1,414,801	6,468,209	922,210	6,793	8,812,013

			Unrestricted	Restricted	Total	Total
			Funds	Funds	2021	2020
		Nate
Income
Donations and legacies			98,774	87,077	1$5JI51	290,948
Charitable activities			192,444	30,283	222,727	79,951
Other trading activities			110,094		110,094	188,942
Investment Income			264,389	10,377	274,766	274,465
Otherlncome			120,628	5,584	126,212	189,356
Total income			786,329	133,322	919,650	1,023,661
Expenditure
Cast of raising funds			(350,068)	(3,125)	(353,193)	(412,405)
Charitable activities			(576,394)	(195,869)	(772,263)	(1,079,281)
Total expenditure			(926,462)	(198,994)	(1,125W6)	(1/I91,6$6)
Net gains/(losses) on
investments			359,150	94,159	453,309	90,796
Net income/(expenditure)
before transfers			219,016	28,487	247p504	(377~229)
Transfers between	funds	7	(40,532)	40,532
Net movement in funds			178,485	69,020	247,504	(377,229)
Total funds brought	forward		7,993,782	1,022,646	9,016,428	9,393,658
Total funds carried	forward		8,172,268	1,091,666	9,263,934	9,016,428