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|||CONTENTS OF REPORT AND ACCOUNTS|
|---|---|---|
|||Page|
|Notice ofmeeting|||
|Background<br>information|||
|Report ofthe committee|||
|Report ofthe trustees|||
|Statement ofFinancial|Activities||
|Balance Sheet|||
|Notes to the accounts||7- 14|
|Independent<br>Examiner's|Report|15|





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|||||||Restricted||||
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Income|Endowment|Total|Total|
||||||Funds|Funds|Funds|2022|2021|
||||||F|||F||
|INCOME AND|ENDOWMENTS|FROM:-||(Note 5)||||||
|Regular<br>giving|by worshippers||||19,225|||19,225|20,544|
|Donations<br>and|legacies||||2,050|2,041||4,091|1,924|
|Use offacilities|by church groups||||5,304|||5,304|1,675|
|Use offacilites|by outside groups||||8,957|||8,957|5,733|
|Other trading<br>activities|||||1,760|||1,760|340|
|Investments|||||16,566||1,163|17,729|16,711|
|Other<br>—including<br>Gift Aid tax recoverable|||||6,516|||6,516|4,689|
|Total|||||60,378|2,041|1,163|63,582|51,616|
|EXPENDITURE ON:- (Note 6)||||||||||
|Worship,<br>witness<br>and teaching|||||4,879|||4,879|9,414|
|Cultural,<br>social|and recreational||||8,593|||8,593|4,626|
|Property costs|||||27,808||1,163|28,971|19,229|
|Management<br>and administration|||||22,342|||22,342|23,482|
|Donations|General donations||||2,650|||2,650|100|
||Ex Harvest<br>& Investment|||Income|8,590|||8,590|8,000|
||Christian<br>Aid||||250|1,251||1,501|987|
||Black Country|Food|Bank||||||260|
||European<br>Christian||Mission|||685||685||
||Sunfield<br>Children's||Home|||105||105||
|Total|||||75,112|2,041|1,163|78,316|66,098|
|Realised gains/(losses)<br>on investments|||||-4,271|-7,230|—|-11,501|2,895|
|Unreaslied<br>gains/(losses)<br>on investments|||||-58,123|-15,207|-21,614|-94,944|27,196|
|Netincomel(expenditure)|||||-77,128|-22,437|-21,614|-121,179|15,609|
|Transfers<br>between<br>funds||||||||||
|Net movement|in funds||||-77,128|-22,437|-21,614|-121,179|15,609|
|Total funds brought<br>forward|||||497,470|153,000|69,834|720,304|704,695|
|Total funds carried forward|||||420,342|130,563|48,220|599,125|720,304|





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|BALANCE SHE|E|T|||||YEAR TO 3|1 DECEMB|ER 2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||Restricted||||
||||||Unrestricted|Income|Endowment|Total|Total|
||||||Funds|Funds|Funds|2022|2021|
|FIXEDASSETS|||||F|F|F|F||
|Tangible assets||||||||||
|Freehold<br>land and||buildings|(Note|9)|67,313|||67,313|67,313|
|Organ,<br>furnishings||and equipment||(Note 10)|71,200|||71,200|71,200|
|Investments<br>(Note 11)||||||||||
|Trustees||||||130,563|48,220|178,783|222,834|
|General|||||265,471|||265,471|332,127|
|Organ|||||1,877|||1,877|1,680|
|Total fixed assets|||||405,861|130,563|48,220|584,644|695,154|
|CURRENT ASSETS||||||||||
|Debtors (Note 12)|||||10,036|||10,036|6,842|
|Cash at bank and|in|hand (Note 13)|||13,986|||13,986|24,916|
|Total current assets|||||24,022|||24,022|31,758|
|Creditors: amounts||falling due within||||||||
|one year (Note||14)|||9,541|||9,541|6,608|
|Net current assets|||||14,481|||14,481|25,150|
|Total net assets|||||420,342|130,563|48,220|599,125|720,304|
|THE FUNDS OF THE CHARITY (Note 15)||||||||||
|Unrestricted<br>funds|||||418,465|||418,465|495,790|
|Unrestricted<br>funds-designated|||Organ|fund|1,877|||1,877|1,680|
|Restricted<br>income|funds|||||130,563||130,563|153,000|
|Endowment<br>funds|||||||48,220|48,220|69,834|
|Total funds|||||420,342|130,563|48,220|599,125|720,304|





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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||F||
|7|Details|ofcertain items ofexpenditure|||||
|7.1|Trustees|expenses|||||
||Number|oftrustees who were paid expenses|||||
||Telephone<br>and broadband||||52|172|
||Mileage|||||139|
|7.2|With the|exception ofthe two named committee|members,|no member|received any remuneration||
||from the|Church.|||||



||as an administrative<br>assis|tant.|tant.|tant.|||||
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|7.3|Fees for the examination|ofthe accounts|||||||
||Independent<br>examiner's|fees for|reporting||on the|accounts|3,300|3,120|
||Other fees - payroll costs|and gift|aid|claim|||939|1083|
|8|Paid Employees||||||||
|8.1|Staff costs||||||||
||Gross wages and salaries- admin||and|cleaning|||16,723|14,660|
|8.2|Average<br>number of full-time<br>equivalent|||employees||in the year|||
|9|Freehold<br>land and buildings||||||||
||At 1 January<br>and 31 December 2022||||||67,313|67,313|
|10|Organ, furnishings<br>and|equipment|||||||
||At 1 January 2022||||||71,200|71,200|
||Additions||||||||
||At 31 December 2022||||||71,200|71,200|





|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||||F||
|11|Investments|||||||||
|11.1|In respect of Endowment|||Funds||||||
||Quoted at valuation|||||||48,350|69,964|
||Held by brokers|||||||-187|-187|
||Balance at Co-operative|||Bank||||57|57|
|||||||||48,220|69,834|
|11.2|In respect of Restricted||Income Funds|||||||
||TRUSTEES INVESTMENTS (see||||note 1(o)on page 8)|||||
||Quoted at valuation|||||||116,920|144,317|
||Held by brokers|||||||13,619|8,659|
||Balance at Co-operative|||Bank||||24|24|
|||||||||130,563|153,000|
|11.3|In respect of General|Unrestricted|||Funds|||||
||OTHER INVESTMENTS|||||||||
||Quoted at valuation|||||||267,847|327,709|
||Held by brokers|||||||-9,847|-3,053|
||Balance at Co-operative|||Bank||||7,471|7,471|
|||||||||265,471|332,127|
|11.4|In respect of General|Unrestricted|||Funds|||||
||ORGAN<br>FUND|||||||||
||Quoted at valuation|||||||757|849|
||Balance at Co-operative|||Bank||||1,120|831|
|||||||||1,877|1,680|
|11.5||||||Unrestricted|Restricted|Endowment|Total|
|||||||||F|F|
||At 31 December 2021|||||333,807|153,000|69,834|556,641|
||Additions|||||53,317|3,984||57,301|
||Disposals|||||-55,147|-16,173||-71,320|
||Investment/Return<br>ofcapital|||||-6,506|4,959||-1,547|
||Valuation<br>changes|||||-58,123|-15,207|-21,614|-94,944|
||At 31 December 2022|||||267,348|130,563|48,220|446,131|





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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||F||
|12|Debtors||||||
||Income tax|recoverable<br>under Gift Aid|||3,900|3,500|
||Payments<br>in advance||||2,688|2,091|
||Sundry debtors||||3,448|1,251|
||||||10,036|6,842|
|13|Cash at bank and||in hand||||
|13.1|This is made up as||follows:-||||
||HFC|current|account||-5,517|-2,336|
|||cash in|hand||40|14|
||Sub-Groups|Bank|8 Building Society accounts||19,046|26,910|
|||cash in|hand||417|328|
||||||13,986|24,916|
|13.2|Sub-Group|balances relate to:-|||||
||Badminton|Club||Shoppers Coffee|||
||Mother 8 Toddlers Group|||Sunday School|||
||Hand of Friendship||Centre|Tuesday Tea Club|||
|14|Creditors:|All due|within one year||||
||Trade creditors and||accruals||9,541|6,608|



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|15|Funds oft|he Charity|he Charity|he Charity||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|15.1|Unrestricted|funds are the general funds ofthe Church which|||may|be used at|the discretion||ofthe|||
||committee/membership<br>for furthering||the mission|and ministry|ofthe Church.||The money may|||be||
||designated|for particular<br>projects for administration||purposes|only.|Designated||funds remain||||
||unrestricted|and can be redesignated|ifthe committee/membership|||so decides.||A designated||||
||organ fund|was established<br>many years ago.||||||||||
|||||||||2022|||2021|
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||Organ fund|- part of General<br>Fund but|designated|||||||||
||Balance at|1 January|||||||1,680||1,108|
||Annual<br>transfer from General<br>fund|||||||||250|500|
||Year's dividends/interest|||||||||39|73|
||Change<br>in|value of investments||||||||-92|-1|
||Transfer to|General<br>Fund re purchase|of new organ|||||||||
||Balance at|31 December|||||||1,877||1,680|





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