## ## ## |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|