## **WEST PARK CHURCH – ANNUAL REPORT FOR 2021** 

## **Details of Charity** 

Name: The Stable Trust (“the Church”) Charity Registration No: 251378 Principal office: West Park Church, Connaught Road, Wolverhampton Names of Trustees: S Doyle, R Gough, P Bradley, A Male, J Wilkes, A Sargent, C Smith, I Leadbeater 

## **Review of 2021** 

As in 2020, the Coronavirus pandemic has continued to impact upon the life and work of the church. Some restrictions were eased during the year, and congregational singing resumed from July, but it was decided that social distancing and certain other measures should remain in operation. The YPF was restarted at the end of the year. The core functions, namely two Sunday services and a mid-week meeting for Bible study and prayer, have continued without interruption. Numbers attending the Sunday services have slowly risen, but mid-week attendance by the end of the year was still considerably lower than immediately before the pandemic struck in 2020. This has been disappointing and discouraging: we pray the Lord will stir up more to join with us as we bring our petitions before the Throne of Grace. While it appears that confidence is growing, a number of members remain cautious due to health issues – their own, or of close relatives. It has become clear that a significant number have grown more frail or unwell during the last two years, and can no longer attend as they might wish. 

Primarily through the ministry, but also through pastoral work, and mutual encouragement in spiritual things, there has continued to be growth in grace, and we thank God for this. It has also been good to know that members have continued to quietly help each other through what for many have been trying and difficult months. The baptisms of John Cooke and Joey Rahl were particular highlights during the year. John Ericson and Keith Chitty died in 2021. 

We were delighted to welcome Tom, Hannah, Nathaniel and Elisia Millward into the church in June, Tom having been appointed Assistant Pastor for a period of two years. 

## **Financial summary** 

By the end of the year, “regular” income had increased slightly above that of the previous year. We are grateful for the ongoing support of the Lord’s people. It is worth pointing out, though, that the employment of our assistant, Tom Millward, would have resulted in the use of reserves had a gift of £15,000 not been received. Significantly, the Building Fund has reduced by about £15,000 over the 12 months, primarily in order to pay for renewal of the central heating system. The fund is there for essential works such as this, but again this year no money could be made available from our regular income to keep it topped up. The receipt of a large sum from the sale of no 21 Park Road West is not the answer to our long term day to day financial needs. The question of how to use this money is yet to be addressed, but the first call on this (in terms of WPC needs) would probably be to invest some of it in the existing buildings to ensure they are well maintained and serviceable for years to come. It should not be used for salaries, utility bills, cleaning materials or any of our routine, day-today running costs. 

## **Charity Matters** 

1 



This report serves as the Annual Report of the Stable Trust (the charity behind the church). As such, mention must be made of a technical matter which came to the fore during the sale of the house. Upon examination of the trust deed by our legal advisers, it became apparent that the funds from the sale could be used only for the purchase of a building for public worship. This restriction needs to be removed and a process is in train whereby a “scheme” to alter the trust deed will be announced, considered by the trustees, and, if approved, submitted to the Charity Commission for them to consider. If they agree, it will remove the restriction and allow the trustees to apply the funds in furtherance of the Christian faith (ie not be restricted to buying another building for worship). Pending such an outcome, the funds are held in the bank and cannot be touched. 

The legal advisers have helped us “tidy up” membership of the trust, and the whole process has underlined the potential benefits of moving towards a more modern form of trust deed. The objectives will not change, but the governance structure in which the trust becomes a “body” (a legal entity in its own right) will bring it into line with current practice among the churches. This is work which will go on behind the scenes, and will have no direct impact on anything taking place in the life and work of the church. 

## **Conclusion** 

We thank God for His unfailing goodness. We have been blessed in so many ways during the year, not least in being able to configure the building so that two floors are used when required. In the early stages of the pandemic, public live broadcasts over YouTube were an aid for some, but we see no justification for prolonging this now that public health measures have advanced, coupled with our own efforts to provide reasonable assurance regarding the safety of meeting.  (We are committed to making CD recordings freely available to any who cannot come out to services). We urge all who consider themselves to be part of this work to commit themselves to “gathering together” – and to do so regularly, in order to worship, to encourage, and to be encouraged. 

## _“And they continued steadfastly in the apostles’ doctrine and fellowship, in the breaking of bread, and in prayers”_ (Acts 2:42) 

We thank God that we can freely follow this pattern set forth in His word. His word is sufficient. We pray that He will continue to work in and through us during the year ahead. 


2 



The StableTrust
Trustees Report and Financial
Statements
Registered Charity Number 251378
For the year ended 31 December 2021

The Stable Trust
Trustees Report and Flnanclal Statements
For the year ended 31 December 2021
Report of the Trustee
IrFtroductSon
The Trustees presentthelrrep0rt￿th the flnan(Jal statements of the charityforthe year ended3 1 Decenkner 2021.
The Trustees have adopted the provisions of Accountlng and Reporting by Charltles.. Statement of RecomnEnded
PracticeapplIcab￿ tocharities prep3rin8theiraccwnts in accordancewlththe Flnancial Reportingstandard applKab
In the UK and Republicof Ireland IFRS 1021 leffectl¥t lJanuary20151.
stiurture.Governance and Management
The charity is controled by Its governinE document, a deed of trust,and constltutes an unlncorporated charty.
Regi5teredCharltynumber
251378.
Prlncipa address
West ParkChur¢h,Connaught Road, W0￿erhaMptOn, West Mldlands, WVI 4PN.
Trustees
S Doyle Ichairmanl
P Bradley
Gough
A Male
l Leadbeater
A Sargent
Csmith
J Wilkes
Independentexamlner
Ronald l Bourike AGIB Iretlredl
Signed for and on beha￿Of the Trustees:
S Doyle
Trustee:
Date.. 19 August 2022

(HARITY (OMMISSION
FOR ENGLAND ANO WALES
Independent examiner's report on the
accounts
Section A
Indep.pndent Exgminer's Report
Report to th& trusteesl
mernbers of
The Stable Trust
On a¢counts for tho year
ended
Charlty no
(if any)
251378
31. December 2021
Set out on pages
Receipls and Expendllure Account and Statement of Assets and Liabilities
at 3111212021 pages 4 and 5
I report to the trustees on my examlnatlon of Ihe accounts of the al)ove
charity I'lhe Trust") for the year ended 3111212021
Responslblllties and
basls of report
AS Ihe charity's trustees, you are responslble for the preparation of the
accounts in accordance with the requirements ol the Charilles Act 2011
("Ihe Acl">.
I report In resp6d of my examlnation of the Trust's accounts carried out
under section 145 of the 2011 Act and in caTrylng out my examination, I
have followed all the applicable Directions given by the Charlty Commlsslon
under section 145{5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have
examiner's statement come to my attention in connection with the examination whlch gives mè
cause to believe that In, any material respect..
the accountlng records ware not kept In accordancè with section 130
of the Charities Act,. or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requlrements
concerning the form and conlent of accounts set out in the Charities
(Accounls and Reports) Regulations 2008 other than any requirement
that Ihe accounts give a 'true and fair, vlew which is not a matter
consldered as part of an indèpandent examlnation.
I have no concerns and have come across no other matters in connection
with the examinatlon to which attention should be drawn In this report In
order to enable a proper understanding of tho accounts to be reached.
Pleas
dgletp the words in the brackets if they do not apply.
Slgned:
Dale:
19th August 2022
Name:
Ronald James BOURIKE
Relevant professlonal
quallfication(s) or body
{If any):
ACIB (retired)
Address:
6 Edington Road, Wilney, Oxfordshlre, OX28 5YU
IER
Oct 2018

The Stable Tfust
Trustees Reportand FlnèncSèl Staternent5
For the yearended 31 December 2021
Statement of Financial Activitie5
fortheyet7rended31 De¢ember2021
Unrestrlcted Funds
2021
Restricted Funds
Z021
Total
2021
2020
Receipt5
Covenantwving
Gift5
Inland Revenue
MI5￿0￿￿rYglf￿5
Cash offerlng
Glft- No 21 Park Road West
Loan repayment
BènklnteTest
Electricity5ub-statlon rent
47,237
15,000
17.952
17.051
6,695
2.100
400
47,Z37
15,000
17,952
17,051
6,695
2,100
400
47,704
30,000
9.670
7,717
4.230
68
13
13
13
106,455
106,455
99,402
Sde of Assets
No.21 Park Road West
295,000
295,000
Total Recelpts
106,455
295.000
401,455
99.402
Expendlture
Salarlesand Pen￿On$
Mi55ionaTygift5
Electric. Eas, water and Councll tax
Bulldlngexpenses
Insurance
Audlo recordlng
W￿lIngp￿e￿Chers
Sundries
Outreach
Glfts
Legal costs
Interestfree loar¢
141.1561
126,2011
17.2951
122,9841
12.8111
12,4161
11,9891
11,8051
16691
141.1561
126,2011
17,2951
P2,9841
12,8111
12,4161
11,9B91
11,8051
16691
11571
111.4541
14,8001
130,9361
117,9671
110,3321
15.2201
13.1361
12.8031
11,4211
12,0771
15951
18,5921
14.8001
12.8621
Total Payment5
1120,8751
12,8621
1123,7371
174,5021
Net Recelptsl IPawnents1
114,4201
292.138
277,718
24,900
Cash funds8t the start ofthe year
72,551
72,551
47,651
Coth fundsat theyearend
58.131
292,138
350,269
72,551

The Stable Trust
Trustees Report and Flnanclal Statements
For the Yearended 31 Jecember 2021
Statement of Assets and Liabilities
osot31 L)ecember2021
zozi
2020
Cash Funds
Cash current account
Cad)- $8¥ingsaccounts
293,IJ09
57,260
72.543
Net assets at the yewend
350,269
72,551
The fSnanclalstatements wereapprrNed bytheTrustees and signedon its behalf by..
S Doyle
Trustee Dlrector.
Date.. 19 Augu5t2022

The StableTrust
Trustee5 Reportand Flnènclal Statement5
For the year ended 31 December 2021
Notes
(AormlngpartoftheAlnondo15totementsJ
Basls of preparatlon
The flnancial statements of the Charlty, which is a public beneflt entlty under FRS 102, have been prepared wi
accordantrwith the CharitlesSORPIFRS 1021'Ac¢ountlngand Reporting bycharltles.. Statementof RecOn￿nded
Practice applicable to charitie5 preparlng their accounts In accordan￿ with the Flnanclal Reporting Standard
appllcable In the UK and Republic of Ireland IFRS 1021 leffertive l January 20151,, Flnancial Reporting Standard
102'The Finantkl Reportingstandardapplicableln the UK and Rewblic of Ireknd, and the Charitie5 Act2011. The
financial statements have beenprepared underthe historlcal costconvention.
A¢countinBpolicles
fJJ Incomeandexpenditure
Income
All Income is recognlsed in the Statementof FlnanclalACtl￿fjtleson¢ethe Charity has entitlementtothe fund5, It is
probable thatthe income will be receThied and the amount can be measured reliably.
Expendkure
Llabilltles are reC￿nIseda5 expenditureas soonasthere is a legal or constructive obligation commlttln8thechaTty
to thatexpenditure, it is probablethata transferof economic benefitswill be required In settlementandtheamount
of the obllgatlon can be measured rellaE4y. Expenditure 55 accountedfor onan accruals basisand has been clas5ffEd
under heading5 that aggregate all cost related to the category. Where costs cannot be directly attributed to
particular headingsthey have been allocated to activltleson a basi5 consi5tentwith the use of resouices.
(iii) faxation
The Charity Is exemptfromtax on its charitableactivitles.
{bJ Funds
Unrestricted funds can be used in accordance with the charitsble objective5 atthe discretion of the Trustees.
Restricted fuwls can only be used for partlcular restrfcted puiposes within the objects of the ch3rty- Re5tiicknns
arise when specified bythe donor or when fundsare raised for partlcularre5triLted purpose5. Further expl¥nalK)n
of the nature a17d purp05eof each fu￿1 is included in the notesto the fSnancL415tstements.

The Stable Trust
Trustees Repert and Flnanclal Statement5
For the yearended 31 Decetnber 2021
Notes (continued)
Trustees Rem￿eratIon
There were no Trustees, remulleration or other benefits for the year ended 31 December 2021 nor for the ye
ended 31 December2021.
There were no Trustees'expense5 paid for the yearended 31 December2021 nor forthe year ended 31 DeCern￿r
2020.
MovemenllnFunds
31 Detember 2020 Net Movement ltt 31 Decomber 2021
Funds
Vnrestricted Funds
Restrlcted FUJKIS
72,551
14,420
292.138
58,131
292,138
Total
72,S51
177,718
350,269
Related partytransacti￿s
There were no relatedpartytransactions for theyearended 31 December202L

(HARITY (OMMISSION
FOR ENGLAND ANO WALES
Independent examiner's report on the
accounts
Section A
Indep.pndent Exgminer's Report
Report to th& trusteesl
mernbers of
The Stable Trust
On a¢counts for tho year
ended
Charlty no
(if any)
251378
31. December 2021
Set out on pages
Receipls and Expendllure Account and Statement of Assets and Liabilities
at 3111212021 pages 4 and 5
I report to the trustees on my examlnatlon of Ihe accounts of the al)ove
charity I'lhe Trust") for the year ended 3111212021
Responslblllties and
basls of report
AS Ihe charity's trustees, you are responslble for the preparation of the
accounts in accordance with the requirements ol the Charilles Act 2011
("Ihe Acl">.
I report In resp6d of my examlnation of the Trust's accounts carried out
under section 145 of the 2011 Act and in caTrylng out my examination, I
have followed all the applicable Directions given by the Charlty Commlsslon
under section 145{5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have
examiner's statement come to my attention in connection with the examination whlch gives mè
cause to believe that In, any material respect..
the accountlng records ware not kept In accordancè with section 130
of the Charities Act,. or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requlrements
concerning the form and conlent of accounts set out in the Charities
(Accounls and Reports) Regulations 2008 other than any requirement
that Ihe accounts give a 'true and fair, vlew which is not a matter
consldered as part of an indèpandent examlnation.
I have no concerns and have come across no other matters in connection
with the examinatlon to which attention should be drawn In this report In
order to enable a proper understanding of tho accounts to be reached.
Pleas
dgletp the words in the brackets if they do not apply.
Slgned:
Dale:
19th August 2022
Name:
Ronald James BOURIKE
Relevant professlonal
quallfication(s) or body
{If any):
ACIB (retired)
Address:
6 Edington Road, Wilney, Oxfordshlre, OX28 5YU
IER
Oct 2018