CHARITY REGISTRATION NUMBER 249971
MOTHERS' UNION NEWCASTLE DIOCESE
FINANCIAL STATEMENTS
31st December, 2022
MOTHERS' UNION NEWCASTLE DIOCESE
FINANCIAL STATEMENTS
Year ended 31st December, 2022
| Page | |
|---|---|
| Trustees' Annual Report | 1 |
| Independent Examiner's Report to the Trustees | 7 |
| Statement of Financial Activities | 8 |
| Statement of Accumulated Reserves | 9 |
| Notes to the Financial Statements | 10 |
Mothers' Union Newcastle Diocese Statement of Financial Activities
Year Ended 31st December 2022
| Tributes to Mary Sumner House - National Capitation Gift Aid Reclaimed Donations and their Application Overseas & Relief Literacy Moulton Trust for AFIA St Hilda's Trust for AFIA Peoples' Kitchen Emergency Hospital Bags Catherine Cookson Trust for Refuge Other Funds raised for Refuge Fund Raising for Asylum Seekers Freemasons Indoor Members Make a Mothers Day Summer of Hope Friends of Mothers Union Diocesan Fund Tree Planting Ceremony Chairs for the Cathedral Shoebox Appeal Deanery Walk Mary Sumner House appeal Organisational Running Expenses Meetings and Gatherings At National Level Conference Presidents Meeting at Waddow International Gathering Local Retreat at Shepherds Dene Room Hire for Meetings Administration Costs Travel and Accomodation (Speakers & Officials) Mileage Re-imbursement Printing, Stationery and Postages Periodical Journals Computer and IT Costs Insurances Independent Examination of Accounts Officals Retirement Gifts Surplus / (Deficiency) for Year Investment Interest Received Reserve fund at the start of year Reserve fund at the end of Year General Fundraising & Donations for AFIA General Fundraising & Donations for Projects |
Expenditure Income £ £ 9,840.00 20,927.00 1,240.44 9840.00 22167.44 378.00 445.49 1,346.70 70.00 10,302.35 5,000.00 5,020.00 645.82 315.56 1,745.83 1,552.01 409.15 1,135.85 229.88 629.81 20.00 634.00 256.00 63.99 50.00 250.00 250.00 49.00 22,267.30 8,532.14 345.29 10,691.96 11,323.17 1,681.44 2,220.70 12,718.69 13,543.87 518.70 1,528.40 683.26 2,674.80 382.11 5,787.27 - 50,613.26 44,243.45 (6,369.81) 247.63 27,730.10 21,607.92 Page 8 2022 |
Expenditure Income £ £ 17,080 19,956 2,883 17,080 22,839 1,000 1,177 317 5,084 5,000 1,975 4,859 1,243 5,550 2,059 3,000 1,536 16 280 64 100 2,446 1,948 750 735 1,014 1,204 2,016 379 24,214 19,538 500 1,343 955 45 1,888 955 152 1,027 637 1,617 430 37 747 592 4,647 592 47,829 43,924 (3,905) 9 31,626 27,730 2021 |
|---|---|---|
Mothers' Union Newcastle Diocese Balance Sheet As at 31st December 2022
| Fixed Assets Current Assets Barclays Community Account Barclays Deposit account CCLA Investment Management Account Net Current Assets Less Creditors: amounts falling due within one year Net Current Assets Charity Funds Opening Accumulated Funds Surplus / (Deficit) Total Charity Funds |
£ £ - 2,717.04 - 19,075.88 21,792.92 185.00 21,607.92 27,730.10 (6,122.18) 21,607.92 2022 |
£ £ - 9,087 - 18,828 27,915 185 27,730 31,626 (3,896) 27,730 2021 |
|---|---|---|
These financial statements were approved by the board of trustees and authorised for issue on [Enter Date Here] and are signed on behalf of the board by:-
Mrs Margy Tasker-Brown President
Date 22nd August, 2023
Mrs Anne Cairns Vice President Date 22nd August, 2023 Mrs Anne Blight Vice President Date 22nd August, 2023
Page 9
Mothers' Union Newcastle Diocese Trustees' Annual Report Year Ended 31st December 2022
The trustees present their report and the unaudited financial statements of the charity for the year ended 31st December, 2022
Reference and administrative details:
Registered Charity Name Mother's Union Newcastle Diocese Charity Registration Number 249971 Principal Office Church House St. John's Terrace Percy Main North Shields Tyne and Wear NE29 6HS
Page 1
Mothers' Union Newcastle Diocese
Trustees' Annual Report (continued) Year Ended 31st December 2022
The Trustees
Mrs Margy Tasker-Brown Diocesan President Mrs Anne Cairns Vice President - Lindisfarne Archdeaconry Mrs Anne Blight Vice President - Northumberland Archdeaconry Mrs Jackie Moore Faith & Policy Co-ordinator Mr Julian Brown Finance and Central Services Unit Co-ordinator Revd Diana MacNaughton Action and Outreach Unit Co-ordinator Mrs Linda Benneworth Marketing & PR Unit Co-ordinator Mrs Sheila Walker Safeguarding Officer
Deanery
Mrs Helen Cooper Alnwick, Bamburgh, Glendale and Norham Mrs Jospehine Kulke Bedlington Mrs Sheila Walker Corbridge and Hexham Mrs Joan Howard Morpeth Ms Karoline Wellborne Newcastle Central and East Newcatle West Tynemouth Mrs Sylvia Hickey Diocesan members Co-ordinator
No Trustees for the charity hold title to property belonging to the charity (e.g. custodian trustee or nominee) on the date the report was approved, or who served as a trustee for the charity in holding the title to the property belonging to the charity in the reporting period.
Page 2
Mothers' Union Newcastle Diocese Trustees' Annual Report (continued) Year Ended 31st December 2022
Structure, governance and management
Legal Status
The Mothers' Union Newcastle Diocese is a registered charity with the charity number 249971.
Governing Document
The Governing document of The Mothers' Union Newcastle Diocese is the Royal Charter of 15th June, 1926, as amended by Supplemental Charter dated 6th September, 1974.
Management
The Charity is run by the Trustees who appoint the Officials on a regular basis.
Methods for recruitment and appointment of new Trustees
The Trustees are members of the Diocese and all positions are filled. The Trustees are selected tri-annually by the members of the Societies Council in the third year of the triennium
Responsibilities of the Trustees
The Charities Act requires the Trustees to prepare Financial Statements for each Financial year, which give a true and fair view of the state of affairs of the Charity at the end of the year and of the surplus of deficiency for the year then ended.
In preparing those Financial Statements, the Trustees are required to select suitable accounting policies, as described in the notes to the accounts, and then apply them on a consistent basis, making judgements and estimates that are prudent and reasonable. The members of the committee must also prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities Acts. The Trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 3
Mothers' Union Newcastle Diocese
Trustees' Annual Report (continued) Year Ended 31st December 2022
Financial Controls
The Charity has a treasurer who prepares the financial statements. Expenditure has to be authorised and cheques require two signatories, all expenditure has to be supported with an invoice or receipt. Bank accounts are reconciled monthly.
The Charity is managed by the Board of Trustees which has 2 scheduled meetings each year. Additional meetings are held at the request of the President if urgent discussions need to be taken,
Investment Powers and Restrictions
The Charity is reponsible for its own investments and there are no restrictions on how or where it invests.
Policy on Reserves
The Executive Committee and officials constantly review Reserves Policy. At the moment it is considered entirely appropriate that all reserves are classified as unrestricted reserves.
Objectives and Activities
Objectives
a) To uphold Christ's teaching on the nature of marriage and to promote its wider understanding. b) To encourage parents to bring up their children in the faith and life of the church
c) To maintain a worldwide fellowship of Christians united in prayer, worship and service.
d) To promote conditions in society favourable to stable family life and the protection of children. e) To help those whose family life has met with adversity.
Activities
The Charity continues to fulfil its objectives including supplorting those whose lives have met with adversity in Newcastle Diocese and in Africa.
Page 4
Mothers' Union Newcastle Diocese Trustees' Annual Report (continued) Year Ended 31st December 2022
President's Report
This has been a most extraordinary year. It began well with the Commissioning Service in the Cathedral of the new team.
We felt Zoom was the way forward for our meetings.
Problems with the MSH Data base and changes of staff at MSH made our own updating a very lengthy process. This also meant a delay in getting out our Directory.
Tragedy struck in May when we lost our Treasurer. The sudden nature of this was confounded by not having passwords and access to our accounts. It was July before things began to work. This made a heavy workload for our Temporary Treasurer.
The team continued to work throughout the year. The website group making headway updating and please remember to send in material to be included. The Units have worked hard and a great deal has been achieved. Our A&O leader stepped in to attend the Reimagining Conference in Liverpool . She returned full of enthusiasm for the future of MU. The October Council gave us our plan for our 3 Actions and many good ideas. AFIA has enabled us to touch many more lives and help families .
Our Journal and Newsletter , which is our main source of letting everyone know what we do, are back to normal and are much admired and appreciated.
The membership is around 700 and falling so this must be addressed . Two Branches have closed this year , Chevington and Pegswood.
The decision to hold Pay In day next year in the Cathedral was made hopefully to help us. Please encourage members to take the Direct Debit route for Tributes.
A huge thank you to our Team especially to those who have gone way beyond their brief to help keep us running . With this kind of support and expertise I personally have no fears for our future.
Margy Tasker-Brown President 22nd August, 2023
Page 5
Mothers' Union Newcastle Diocese Trustees' Annual Report (continued) Year Ended 31st December 2022
Financial Review
During 2022 the Charity reported a deficit of £6370 before the addition of Investment Income of £248. This follows a deficit of £3905 in 2021. Whilst our funds are still more than adequate to support the current level of planned activities, it is imperative that we address 2 areas as soon as possible. These are Fund-raising, where we are actively leading a suitably driven person to lead the way for us, and recruitment, with our ageing membership, it is up to every one of us to seek and find new members. A suggestion made would be to aim to reduce the average age of each branch to reduce by a year, each year, going forward.
In summary, the responsibility is ours!!!
All reserves continue to be held on an unrestricted basis with adequate liquidity maintained to meet current expenditure levels.
The Charity relies on contributions from members and their support to ensure that charitable work can continue and that various good causes can be met from resources at the disposal of the charity. During 2022, all the key objectives of the charity continue to be achieved, more details are contained within the performance sections of this report.
Public Benefit Statement
The Trustees of the Charity confirm they have complied with their duties with regard to the guidance on public benefit published by the Charities' Commission in excercising their powers and duties.
Plans for Future Periods
The Charity, with adequate levels of unrestricted reserves, plans to continue to help the various good causes that it supports and will continue in its efforts to increase membership levels and maintain an increased emphasis on UK based charitable activity.
The Trustees' annual report was approved on [insert date here] and signed on behalf of the board of trustees by:-
Mrs Margy Tasker-Brown Mrs Anne Cairns President Vice President
Date 22nd August, 2023
Date 22nd August, 2023 Mrs Anne Blight Vice President
Date 22nd August, 2023
Page 6
Mothers' Union Newcastle Diocese Independent Examiner's report to the Trustees of the Mothers' Union Newcastle Diocese
Year Ended 31st December 2022
I report to the Trustees on my examination of the Financial Statements of the Mothers' Union Newcastle Diocese ('the Charity') for the year ended 31st December, 2022.
Responsibilities and basis of report
As the Trustees of the Charity you are responsible for the preparation for the preparation of the Financial Statements in accordance with the the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Charity's Financial Statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
I have completed my examination. I can confirm that no material 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 130 of the Act; or 2) The Financial Statements do not accord with those records, or 3) The Financial Stetements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I have no concern and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed G Ruddle 22nd August, 2023
Gareth A Ruddle 20 Hastings Drive Tynemouth North Shields Tyne and Wear NE30 2LN INDEPENDENT EXAMINER
Page 7
Mothers' Union Newcastle Diocese Notes to the Financial Statements Year Ended 31st December 2022
1 General Information
The Charity is a registered charity in England and Wales and is unincorporated. The address of the principal office is Church House, St. John's Terrace, Percy Main, North Shields, Tyne and Wear, NE29 6HS
2 Statement of Compliance
These Financial Statements have been prepared in compliance with FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'. The 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) (Charities SORP (FRS102)) and the Charities Act 2011.
3 Accounting Policies
- (a) Basis of preparation
The Financial Statements have been prepared on the historical cost basis, as modified by the revaluation of certain Financial Assets and Liabilities and Investment Properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
(b) Going concern
There are no material uncertainties about the Charity's ability to continue.
(c) Disclosure exemptions
The entity satisfies the criteria of being a qualifying small charitable entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under FRS 102:
- (a) No cash flow statement has been presented for the charity.
(d) Judgements and key sources of estimation uncertainty
The preparation of the Financial Statements requires management to make judgements, estimates and assumprions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Significant Judgements
The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the Financial Statements are as follows:-
The charity relies on the national support from the Mothers' Union on a regional basis who assist the local charity in complying with Charity Gift Aid claims and rules etc.and with receiving their apportionment from national level, the Trustees have made a judgement that these refund claims will continue to be received on a national level and be passed down to a regional level.
Page 10
Mothers' Union Newcastle Diocese
Notes to the Financial Statements (continued) Year Ended 31st December 2022
Accounting policies (continued)
Key sources of estimation uncertainty
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabiliaties within the next financial year are as follows.
Member levels will not drop significantly which would reduce the level of income needed to cover costs at a local level and thus the contribution needed for the Mothers' Union on a national level.
(e) Fund accounting
Unrestricted funds are available for use at the discretion of the Trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the Trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
(f) Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured, The following specific policies are applied to particular categories of income.
-
i) Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
ii) Legacy income is recognised when receipt is probable and entitlement is established.
-
iii) Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers,
-
iv) Income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted,
(g) Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the Statement of Financial Activities to which it relates:
-
i) Expenditure on raising funds includes the costs of all fundraising activities, events and non-charitable trading activities, and the sale of donated goods.
-
ii) Expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
iii) Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable services.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Page 11
Mothers' Union Newcastle Diocese
Notes to the Financial Statements (continued) Year Ended 31st December 2022
Accounting policies (continued)
(h) Financial Instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised costs.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initialy recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment, at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are indvidually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Independent examination fees.
| Staff Costs. Fees payable to the independent examiner for Independent examination of the financial statements The total staff costs and employee benefits for the reporting period are analysed as follows: |
2022 £ 37 Nil |
2021 £ 37 Nil |
|---|---|---|
The average head count of employees during the year was Nil. (2021 Nil).
No employee received employee benefits of more than £60,000 during the year. (2020 Nil)
Page 12
Mothers' Union Newcastle Diocese
Notes to the Financial Statements (continued) Year Ended 31st December 2022
Accounting policies (continued)
Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the received by the trustees.
No trustee expenses have been incurred during the year. Any charity related expenses are repaid via submission of receipted claim forms.
Related Parties
The Charity is under the control of the Trustees who have appointed Officials to manage the Charity on a day to day basis. During the year an amount of £Nil (2021 £Nil) was paid to the officials in respect of the services to the charity. An amount of £Nil (2021 £Nil) was paid in respect of retirement gifts to the Trustees.
There was no balance outstanding at the year end and no amount has been written off.
Page 13