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2022-12-31-accounts

Contents Page
Legal and Administrative Information 1-2
Report ofthe Trustees
Independent
Examiner's		 Report
Statement of Financial Activities 10-11
Balance Sheet 12
Notes to the Financial Statements 13-20

The following
persons serve		 d as trustees
during the year 2022.		 d as trustees
during the year 2022.
Date of appointment Completion ofoffice
Diocesan President
Gillian
Ireland"		 01 January 2018
Deputy President-Blackburn Archdeaconry
Jennifer Towers 01 September 2019
Deputy President-Lancaster
Kathleen
Lane'		 Archdeaconry
01 January		 2015
Unit Co-ordinators
Kath Bill 01 April 2019
Lesley Jane Cairns 01 January 2022
Archdeaconry
Trustees
Elizabeth
Johnston		 01 January 2021
Amanda
Kroukamp		 01 January 2022 Resigned 23 April 2023
Lucille Porter' 20 June 2023
Margaret Sims 01 April 2016
Sharon Bates 01 January 2016
Elizabeth
Carey		 01 January 2022
Co-opted Trustee
Diane Ruth Smith' 21 January 2023

for the Year ended 31 Decemb er 2022
Notes Unrestricted Designated Restricted 2022
funds funds and Total
Endowment
funds
Income and endowments from:
Donations, legacies and
subscription s 101,470 6,011 2,642 110,123
Other trading
activities		 43,592 43,592
Investments 4,059 560 72 4,691
Total Income 149,121 6,571 2,714 158,406
Expenditure
on:
Raising funds 22,576 22,576
Charitable
activities		 126,855 5,302 8,198 140,355
Total Expenditure 149,431 5,302 8,198 162,931
Net gains or (losses) on investments -9,848 -9,848
Net income/(expenditure)l -10,158 1,269 -5,484 -14,373
net movement
in funds
Reconciliation
offunds:
Total funds brought
forward		 311,157 52,700 35,440 399,297
Total funds carried forward 300,999 53,969 29,956 384,924

for the Year ended 31 Decemb er 2022
Notes Unrestricted Designated Restricted 2021
funds funds and Total
Endowment
funds
Income and endowments from:
Donations, legacies and
subscriptions 87,686 2,280 2,909 92,875
Other trading
activities		 26,287 26,287
Investments 2,211 22 2,236
Total Income 116,184 2,302 2,912 121,398
Expenditure
on:
Raising funds 18,936 18,936
Charitable
activities		 103,241 3,289 6,661 113,191
Total Expenditure 122,177 3,289 6,661 132,127
Net gains or (losses) on investments 10,563 10,563
Net income/(expenditure)l 4,570 -987 -3,749 -166
net movement
in funds
Reconciliation
offunds:
Total funds
brought
forward		 306,587 53,687 39,189 399,463
Total funds carried forward 311,157 52,700 35,440 399,297

Balance Sheet as a t 31 December 2022
2022 2021
Notes E
Fixed Assets:
Tangible Assets
Investments		 12,708
259,600		 16,945
269,785
Total fixed assets 272,308 286,730
Current Assets:
Stocks ofties and literature 11,685 12,876
Debtors 10 1,948 477
Cash at bank and in hand 103,280 102,901
Total current assets 116,913 116,254
Liabilities:
Creditors: Amounts falling due within one year. 11 4,297 3,687
Net current assets 112,616 112,567
Total net assets 384,924 399,297
The funds ofthe charity:
Restricted
income		 and endowment funds 12 29,956 35,440
Designated
funds
Unrestricted
funds		 12 53,969
300,999		 52,700
311,157
Total charity funds 384,924 399,297
Approved
by the		 Board ofTrustees on
14September 2023

s to the Financial Statements
for the year ended 31 December 2022 (continued)
1 Accounting
Policies (continued)
Debtors
Debtors are calculated
at their full recoverable
value.
Cash and cash equivalents
Cash and cash equivalents
include cash in hand, deposits
held at call with banks, other short-term
liquid
investments
with original
maturities
ofthree months
or less, and bank overdrafts.
Creditors
Creditors are shown at the amounts
due at the Balance Sheet date for services received.
Going concern
At the time ofapproving
the accounts, the trustees
have considered
that the impact of Covid-19		 on the charity has
diminished
and the trustees
have a reasonable
expectation
that the charity has adequate
resources to continue
in operational
existence for the forseeable future. Thus, the trustees
continue
to adopt the 'going		 concern' basis
of accounting
in preparing
the accounts.
Financial
instruments
The charity has elected to apply the provisions
ofSection 11 'Basic Financial
Instruments'
and Section 12
'Other Financial
Instruments
Issues' ofFRS 102to all of its financial
instruments.
Financial
instruments
are recognised
in the charity's
balance sheet when the charity becomes
party to the
contractual
provisons
ofthe instrument.
Financial assets and liabilities are offset, with the net amounts
presented
in the financial statements,
when
there is a legally enforceable
right to set offthe recognised
amounts
and there is an intention
to		 settle on a
net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances,
are initially measured		 at
transaction
price including
transaction
costs and are subsequently
carried at amortised
cost using the
effective interest method
unless the arrangement
constitutes a financing
transaction,
where the transaction		 is
measured
at the present value of the future receipts discounted
at a market rate of interest.
Financial assets
classified as receivable
within one year are not amortised.
Basic financial
liabilities
Basic financial
liabilities,
including
creditors and bank loans are initially recognised
at transaction		 price unless
the arangement
constitutes
a financing
transaction,
where the debt instrument
is measured
at the present
value ofthe future payments
discounted
at a market rate of interest.
Financial
liabilities
classified as payable
within one year are not amortised.
Debt instruments
are subsequently
carried at amortised
cost, using the effective
interest
rate method.
Trade creditors are obligations
to pay for goods or services that have been aquired
in the ordinary
course of
operations
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.
Taxation
The charity benefits from various exemptions
from taxation
afforded
by tax legislation
and is not		 liable to
corporation
tax on income or gains falling within those exemptions.
The charity is not able to recover Value Added Tax. Expenditure
is recorded
in the accounts inclusive of VAT.

Unrestricted Designated Restricted 2022 2021
funds funds and Total Total
Endowment
funds
E
Donations,
legacies		 and subscriptions
Subscriptions 60,294 60,294 62,750
Donations - General Fund 6,150 6,150 1,885
Donations - Caravan Fund 6,011 1„067 7,078 3,725
Gift Aid Income tax reclaim 4,286 4,286 4,141
Income from activities
Sharing
Day		 1,748 1,748
Faith and Policy Days 380 380
Branch and deanery Income' 15,051 1,575 16,626 13,643
*107branch
& 14deanery accounts		 Sub-total 87,909 6,011 2,642 96,562 86,144
Donations to the Mothers' Union worldwide
Britain and Ireland
Development		 Work &Projects 860 860 170
Overseas
Work 8 Projects		 6,094 6,094 3,283
Diocesan Harvest Appeal for Burundi 980 980
Other central appeals 2,367 2,367 2,256
World Relief Work & Projects 3,260 3,260 1,022
Sub-total 13,561 13,561 6,731
Donations,
legacies		 and subscriptions 2022 101,470 6,011 2,642 110,123 92,875
2021 87,686 2,280 2,909 92,875
Unrestricted Designated Restricted 2022 2021
funds funds and Total Total
Endowment
funds
E
3 Other trading activities
Branch fundraising income 23,454 23,454 9,893
Deanery fundraising income 1,086 1,086 223
Sale ofties 40 40 40
Literature sales 19,012 19,012 16,131
43,592 43,592 26,287
2021 26,287 26,287
4 Investments
Bank interest 29 29 5
Investment
interest		 1,822 560 72 2,454 96
Dividends 2,208 2,208 2,135
4,059 560 72 4,691 2,236
2021 2,211 22 3 2,236

es to the Financial Statements
for the year ended 31 Decembe		 the Financial Statements
for the year ended 31 Decembe		 r 2022 (continued)
8 Tangible
Fixed Assets
Caravan Total
f E
Cost
as at 1 January 2022 33,891 33,891
Disposals
during the year
Additions
during
the		 year
as at 31 December 2022 33,891 33,891
Depreciation
as at 1 January 2022 16,946 16,946
Eliminated
on disposal
Charge for the year 4,237 4,237
as at 31 December 2022 21,183 21,183
Net Book Value".
as at 31 December 2022 12,708 12,708
as at 31 December 2021 16,945 16,945
9 Investments
2022 2021
E E
Church
Investment		 Fund - 3,593Shares
Market value
1 January 2022		 84,028 73,465
Unrealised
(Loss)/Gain		 -9,848 10,563
Market Value 31 December 2022 74,180 84,028
Deposit with Church Deposit Fund 185,420 185,757
Total UK Investments 259,600 269,785
10 Debtors 2022 2021
F L
Literature 1,948 477
11 Creditors: Amounts falling due within one year 2022 2021
Mothers'
Union world wide funds		 63 40
Literature 1,643 1,675
HMRC - PAYE 1,087 649
Independent
Examination
fee - accrual		 1,440 1,260
Insurance
- accrual		 53 53
Insurance
- accrual		 - Caravan 11 10
4,297 3,687

tes to the Financial State ments fo r the year e nd ed 3 1 December 202 1 December 202 2 (continued) (continued)
Balance at Incoming Resources Transfers Balance at
1 January Resources Expended between
funds		 31 DeCember
2022f f 2022
f
Away From It All Holidays and
Caravan
replacement		 52,700 6,571 5,302 53,969
Balance at Incoming Resources Transfers Balance at
1 January Resources Expended between
funds		 31 December
2021f f 2021
f
Away From It All Holidays and
Caravan
replacement		 53,687 2,302 3,289 52,700
13 Transactions
with Trustees
The trustees
have		 not been remunerated during the year.
Expenses were reimbursed
(2021:6trustees,
amounting		 to 7 trustees
tof835)		 amounting
to		 F1,837.
2022f 2021
Charitable
activities		 169 33
Travel 1,406 422
Printing,
stationery		 8 postage and telephone 57 172
Conference fees 41 40
Video conference subscription 101 117
Gifts 63 51
1,837 835
14 Trustee Indemnity Insurance
2022f 2021
Trustee
Indemnity		 insurance 179 168
15 Staff costs and emoluments
Total staff costs for 2 employees
This included
a 10%pay increase		 were f9,244. (2021:f7,420)
and a bonus off500 per employee		 for additional
work.
No National
Insurance
or		 pension contributions were payable.
There were no employees
There were two part-time		 with emoluments
above f60,000.(2021:nil)
staff employed,
with a full-time
equivalent
ofless than 0.5(2021:( 0.5)
Key management staff costs were: 2022
f		 2021
Diocesan Secretary 4,622 3,710
Diocesan Treasurer 4,622 3,710
9,244 7,420
16 Independent
Examination		 2022f 2021f
Fee 1,440 1,260
17 Analysis
of net assets between		 funds
Tenglbte investments Other Total
lixed assets net assets 31-Dec
f f f 2022f
Restricted
income		 and endowment funds 12,708 5,515 11,733 29,956
Designated
funds		 43,160 10,809 53,969
Unrestricted
funds		 210,925 90,074 300,999
12,708 259,600 112,616 384,924
Tangible Investments Other Total
fixed assets net assets 31-Dec
2021
f
Restricted income and endowment funds 16,945 5,443 13,052 35,440
Designated
funds		 42,599 10,101 52,700
Unrestricted
funds		 221,743 89,414 311,157
16,945 269,785 112,567 399,297