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2022-12-31-accounts

Reference and Administrative Details	1 to 2
Trustees' Report	3 to 9
Statement ofTrustees' Responsibilities	10
Independent Examiner's Report
Statement ofFinancial Activities	12
Balance Sheet	13
Statement ofCash Flows	14
Notes to the Financial Statements	15to 23

Trustees				Mr A Britton
				Mrs A L A Cheers
				Mrs LCrockatt
				Mr W Hampson
				Mr A D Harrison
				Mrs D L Kendrick
				Mr M Long
				Mr SNewton
				Mr L Ogilvie
				Mrs R G Prescott
				Mr N H Prescott
				Mrs M M Riding
				Mrs D C Roberts
				Mr BA Rowney
				Mr R R Stone
				Mrs A Tipping
				Mrs J A Wareing
				Mr JC Stanworth
				Miss C EL O'Nions
				Ms KL White
Principal	Office			Independent Methodist	Resource Centre
				Fleet Street
				Pemberton
				Wigan
				WN5 ODS
Company	Registration		Number	00092321
Charity	Registration		Number	254007
Independent		Examiner		KM
				Chartered Accountants
				1stFloor, Block C
				The Wharf
				Manchester Road
				Burnley
				Lancashire
				BBI 1 1JG
Bankers				Barclays Bank pic
				6 Market Place
				Wigan
				WN1 IQS

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			Note	funds f,	fundsf	2022	funds	funds	2021
Income from:
Donations				54,533		54,533	59,735		59,735
Charitable activities				13,847		13,847	9,435		9,435
Investment income				9,809		9,809	10,844		10,844
Other income				391,497		391,497	54,480		54,480
Total income				469,686		469,686	134,494		134,494
Expenditure on:
Charitable activities				(211,023)	(3,213)	(214,236)	(263,626)	(4,028)	(267,654)
Other expenditure				(10,811)		(10,811)	(10,092)		(10,092)
Total expenditure				(221,834)	(3,213)	(225,047)	(273,718)	(4,028)	(277,746)
Net income/(expenditure) Other recognised gains and losses Gains/losses on revaluation ofinvestments				247,852 (150,157)	(3,213) ~1,824)	244,639 ~151,981)	(139,224) 93,907	(4,028) 1,141	(143,252) 95,048
Net movement in funds				97,695	(5,037)	92,658	(45,317)	(2,887)	(48,204)
Reconciliation offunds
Total funds brought	forward			2,156,542	35,403	2,191,945	2,201,859	38,290	2,240,149
Total funds carried	forward		19	2,254,237	30,366	2,284,603	2,156,542	35,403	2,191,945

		Balanc	e Sheet as at 31	December 202	2
					2022	2021
				Note
Fixed assets
Tangible assets				14	220,715	229,917
Investments				15	1,568,122	1,720,103
					1,788,837	1,950,020
Current assets
Debtors				16	91,474	211,526
Cash at bank	and in hand				407,064	35,377
					498,538	246,903
Creditors: Amounts		falling due within	one year	17	(2,772)	(4,978)
Net current	assets				495,766	241,925
Net assets					2,284,603	2,191,945
Funds ofthe	charity:
Restricted income funds
Restricted funds					30,366	35,403
Unrestricted	income	funds
Unrestricted	funds				2,254,237	2,156,542
Total funds				19	2,284,603	2,191,945

						2022	2021
					Note
Cash flows	from operating	activities
Net cash income/(expenditure)						92,658	(48,204)
Adjustments	to cash flows from non-cash			items
Depreciation						10,811	10,092
Investment Revaluation	income ofinvestments					(9,809) 181,981	(10,844) ~98,048i
						245,641	(144,004)
Working capital adjustments
Decrease in	debtors				16	120,052	46,780
Decrease in	creditors				17	(2,206)	(2,006)
Net cash flows from operating		activities				363,487	(99,230)
Cash flows	from investing activities
Interest receivable and similar		income			5	9,809	10,844
Purchase of	tangible fixed assets				14	(1,609)	(5,328)
Disposal of	investments in subsidiary		undertakings				114,999
Net cash flows from investing		activities				8,200	120,515
Net increase	in cash and cash	equivalents				371,687	21,285
Cash and cash equivalents at		I January				35,377	14,092
Cash and cash equivalents at		31 December				407,064	35,377

3 Income	from don	ations
				Total	Total
				2022	2021f
Membership	dues			40,566	44,450
Donations				13,967	15,285
				54,533	59,735
4 Income	from charitable		activities
				Total	Total
				2022	2021
Conferences	and events			1,120	(242)
Northwood	Christian	Centre	income	5,165	3,614
Other sales				7,562	6,063
				13,847	9,435

			Total	Total
			2022	2021
income	from fixed	asset investments	4,982	5,660
Interest	receivable	on other loans	4,827	5,184
			9,809	l0,844

6 Other income
	Total	Total
	2022f	2021
Other income	2,940	l6l
Closure ofchurches	385,557	54,319
Rental income	3,000
	391,497	54,480

						Unrestricted	Unrestricted
							funds
								Restricted	Total	Total
							General	funds	2022	2021
							f
Wages and salaries							41,129		41,129	49,625
Pension costs							859		859	722
Audit ofthe financial		statements								4,800
Accountancy, legal	and		professional
fees							12,450		12,450	18,233
Payroll services							948		948	1,032
Other costs							49,853	3,213	53,066	35,914
Grant funding ofactivities							103,384		103,384	157,328
Independent Examiner's			remuneration				2,400		2,400
							211,023	3,213	214,236	267,654
The total grants paid		to	institutions		during	the	year was as	follows:
Grants to churches	for property			and
personnel							12,000		12,000	55,311
Overseas missionary		grants					23,170		23,170	21,050
Development grants							750		750	1,500
Kingdom growth grants							34,612		34,612
Building work grants							29,625		29,625	75,467
Ministry grants							3,227		3,227	4,000
							103,384		103,384	157,328

8 Other expenditure
	Total	Total
	2022	2021
		f
Depreciation	10,811	10,092
	10,811	10,092

						Total	Total
						2022	2021
Audit fees
Audit ofthe		financial	statements				4,800
Independent	examiner		fees
Examination		ofthe financial		statements		2,400
Accountancy,		legal and	professional		fees	12,450	18,233
Payroll services						948	1,032
						15,798	24,065

The aggrega	te payroll	costs were as follows	:
					2022	2021f
Staff costs	during the year were:
Wages and	salaries				41,129	49,625
Pension costs					859	722
					41,988	50,347
The average	monthly	number ofemployees	during	the year was as follows:
					2022	2021
					No	No

14 Tangible fixed assets
	Freehold	Fixtures and	Computer
	property f	fittings	equipment	Total
Cost
At 1 January 2022	401,222	10,241	14,284	425,747
Additions			1,609	1,609
At 31December 2022	401,222	10,241	15,893	427,356
Depreciation
At 1 January 2022	179,505	5,981	10,344	195,830
Charge for the year	8,025	1,278	1,508	10,811
At 31 December 2022	187,530	7,259	11,852	206,641
Net book value
At 31December 2022	213,692	2,982	4,041	220,715
At 31 December 2021	221,717	4,260	3,940	229,917

15 Fixed asset investments
		Listed
		investments
Market value
At 1 January 2022		1,720,103
Revaluation		(151,981)
At 31 December 2022		1,568,122
Net book value
At 31 December 2022		1,568,122
At 31 December 2021		1,720,103
16 Debtors
	2022	2021
Trade debtors		18
Prepayments	13,318	12,370
Other debtors	78,156	199,138
	91,474	211,526

17 Creditors: amounts falling due within one	year
	2022	2021
Other creditors	172	178
Accruals	2,600	4,800
	2,772	4,978

19 Funds
		Balance					Balance
		at 1				Other	at 31
		January	Incoming	Resources		recognised	December
		2022	resources	expended	Transfers	gains/(losses)	2022
Unrestricted funds
General
General fund		1,926,625	469,686	(211,023)	(1,609)	(150,157)	2,033,522
Designated
Fixed asset resen	e	229,917		(10,811)	1,609		220,715
Total unrestricted	funds	2,156,542	469,686	(221,834)		(150,157)	2,254,237
Restricted funds
MM &WW Kay	Memorial
Fund F& BTetlow Fund		1,753 33,650		~3,2131		(1,824)	1,753 28,613
		35,403		(3,213)		(1,824)	30,366
Total funds		2,191,943	469,686	(225,047)		(151,981)	2,284,603

Notes t	o the	Financi	al State	ments for th	e Year End	ed 31De	cem	ber 20	22
			Balance						Balance
			at 1				Other		at 31
			January	Incoming	Resources		recognised		December
			2021	resources f	expended	Transfers	gains/(losses) f		2021
Unrestricted funds
General
General fund			1,967,178	134,494	(263,626)	(5,328)		93,907	1,926,625
Design ared
Fixed asset reserve			234,681		(10,092)	5,328			229,917
Total unrestricted	funds		2,201,859	134,494	(273,718)			93,907	2,156,542
Restricted funds
MM &WW Kay	Memorial
Fund			1,753						1,753
F&BTetlow Fund			32,509					1,141	33,650
W Burrows Educational		Fund	4,028		(4,028)
			38,290		~(4,028			1,141	35,403
Total funds			2,240,149	134,494	(277,746)			95,048	2,191,945
20 Analysis ofnet	assets	between	funds
				Unrestricted	funds
						Restricted		Total funds
				General	Designated	funds			at 2022 f
Tangible fixed assets					220,715				220,715
Fixed asset investments				1,537,756			30,366		1,568,122
Current assets				498,538					498,538
Current liabilities				(2,772)					(2,772)
Total net assets				2,033,522	220,715		30,366		2,284,603
				Unrestricted	funds
						Restricted		Total funds
				Ceneral	Designated f,	fundsf			at 2021
Tangible fixed assets					229,917				229,917
Fixed asset investments				1,684,700			35,403		1,720,103
Current assets				246,903					246,903
Current liabilities				(4,978)					(4,978)
Total net assets				1,926,625	229,917		35,403		2,191,945