2022-12-31-accounts

			Page
Report ofthe Trustees			1 —14
Report ofthe Independent		Auditor	15-17
Statement of Financial	Activities		18
Comparison Statement	of	Financial Activities	19
Balance Sheet			20
Statement ofCashflows			21
Notes to the Financial Statements			22-38

				Unrestricted	Restricted	Endowment	2022 Total	2021 Total
				Funds	Funds	Funds	Funds	Funds
			Note	E	E	E	f	E
Income
Income from donations &legacies				858,122	6,223		864,345	517,226
Income from lettings				194,334	25,914		220,248	172,73T
Investment income				201,875	118,065		319,940	291,156
Income from charitable activities				214,865	27,410		242,275	164,382
Other income				6,626	59,719		66,345	60,639
Total				1,475,822	237,331		1,713„153	1,206,140
~Ex enditure
Expenditure on lettings				143,658			143,658	167,871
Expendable on charitable	activities			694,174	302,527		996,701	967,710
Total				837,832	302,527		1,140,359	1,135,581
Net Income/(Expenditure)				637,990	(65,196)		572,794	T0,559
Extraordinary item			8	1,255,342			1,255,342
Gross transfers between funds				14,263	(14,263)
Net income/(expenditure) other recognised gains	before and losses			1,907,595	(79,459)		1,828,136	70,559
Other recognised gains/(losses)
Gains/(losses) on investment		assets		(669,558)	(234,648)	(72,284)	(976,490)	1,274,130
Gains/(losses) on investment		properties		9,116			9,116
Total other recognised	gains/(losses)			(660,442)	(234,648)	('72,284)	(967,374)	1,274,130
Net movement in funds				1,2471153	(314,107)	(72,284)	860,762	1,344,689
Total funds brought forward				11,163,634	3,570,834	1,209,950	15,944,418	14,599,729
Total Funds c/f				12,410,T87	3,256,72T	1,137,666	16,805,180	15,944,418

				Unrestricted	Restricted	Endowment	2021 Total
				Funds	Funds	Funds	Funds
Income
Income from donations	&legacies			483,178	34,048		517,226
Income from lettings				148,077	24,660		172,737
Investment income				177,339	113,817		291,156
Income from charitable	activities			144,016	20,366		164,382
Other income				60,639			60,639
Total				1,013,249	192,891		1,206,140
~Ex enditure
Expenditure on lettings				167,871			167,871
Expendable on charitable		activities		664,233	303,477		967,710
Total				832,104	303,477		1,135,581
Net Income/(Expenditure) transfers		before		181„145	(110,586)		70,559
Gross transfers between		funds
Net income/(expenditure) other recognised gains		before and losses		181,145	(110,586)		70,559
Other recognised gains/(losses)
Gains/(losses) on investment			assets	951,125	245,785	77,220	1,274,130
Net movement in funds				1,132,270	135,199	77„220	1,344,689
Total funds brought forward				10,031,364	3,435,635	1,132,730	14,599,729
Total Funds c/f				11,163,634	3,570,834	1,209,950	15,944„418

		Unrestricted	Restricted	Endowment	2022 Total	2021 Total
		Funds	Funds	Funds	Funds	Funds
	Note	E	E	E		E
Non Current Assets
Tangible Assets	13	1,035,192	405,965	265,105	1,706,262	1,788,107
Investment Property	14	3,191,897	229,500		3,421,397	3,590,562
Investments	15	7,233,437	2,188,012	872,561	10,294,010	10,770,359
		11,460,526	2,823,477	1,137,666	15,421&669	16,149,028
~Csrres Assets
Debtors	16	35,746			35,746	43,000
Cash at bank &on deposit		998,257	438,897		1,437,154	1,114,727
		1,034,003	438,897		1,4?2,900	1,157&727
Creditors
Amounts falling due within one year	17	72,992	5,647		&8639	~9t,996
Net Cunent Assets		961,011	433,250		1,394,261	1,065,732
Creditors
Amounts falling due after
more than one year	18	(10,750)			(10,750)	(1,2?0,342)
Net Assets		12,410,787	3,256,727	1,137,668	16,805,180	15,944,418
Funds
Unrestricted Funds		12,410,767			12,410,787	11,163,634
Restricted Funds			3,256,727		3,256,727	3,570,834
Endowment Funds				1,137,666	1,137,666	1,209,950
Total Funds	20	12,410,787	3,256,?27	1,137,666	16,805,180	15,944,418

		2022	2021
Cash flow from operating activities	Note 24	567,437	85,116
Cash flow from investing activities
Payments to acquire tangible assets		(31,134)	(7.290)
Payments to acquire investment properties			(6,416)
Proceeds from sales oftangible assets		117,100	165,342
Proceeds from sales of investment properties		169,165
Payments to acquire investments		(500,141)
Net cash flow from investing activities		(245,010)	151,636
Net increase /(decrease) in cash and cash equivalents		322,427	236,752
Cash and cash equivalents at 1 January		'l,114,727	877,975
Cash and cash equivalents at 31 December		1,437,154	1,114,727
Cash and cash equivalents consist of:
Cash at bank and in hand		1,437,154	1,114,727

2	INCOME FROM	DONATIONS 8 LEGACIES	DONATIONS 8 LEGACIES
				2022	2021
	Unrestricted			F	F
	Closed Church Receipts			726,384	372,737
	Government Furlough Grants				2,424
	Covid Business Grant - Pilton Grant				7,000
	City of Nottm Covid Business Grant				12,500
	Memorial Hall Trust Grants			30,870	29,400
	Church Support -	Closed	Church Receipts	80,710	41,415
	Church Support Donations			9,823	15,076
	Youth & Children	Receipts
	Legacy			8,724
	General Purposes	Donations		1,611	2,626
				858,122	483,178
	Restricted
	CF 50th Appeal -	Christian	Aid	5,170
	Kenya Appeal - Christian		Aid		3,530
	Vaccine Appeal -	Christian	Aid		857
	CIPT - Fees			960	750
	CIPT - Donations
	Library Donations				1,128
	CWM Covid Gift ofGrace				26,643
	CF Churches Gift	ofGrace			1,070
	CIPT - Course Materials			93	70
				6,223	34,048
	Total			864,345	517,226
3	INVESTMENT INCOME
				2022	2021
					E
	Unrestricted			201 875	177338
	Restricted			118085	113817
	Total			319,940	291,156

4	INCOME FROIN CHARI	TABLE ACTIVITIES
			2022	2021
	Unrestricted
	Church Affiliation Fees		?1,610	76,293
	Ministers' Pension		54,667	55,462
	CF 50th Anniversary		414	188
	CFL - Admin Charges CFL - 10%Management	Fee	4,816 73,769	3,962
	Congregationalist		900
	Refresh		865	1,050
	Pilton Green Lettings Payroll Services		3,950 1,600	3,925 1,240
	ACAT Membership		890	910
	Associate Membership		210	861
	Personal Membership		672	41
	Other Income		502	84
			214,865	144,016
	Restricted
	Congregational Institute	for Practical Theology	27,410	20,366
			27,410	20,366
	Total		242,275	164,382
5	OTHER INCOME
			2022	2021
	Unrestricted		E
	Profit/(Loss) on sale of Fixed Assets		6,626	60 839
	Restricted
	Profit/(Loss) on sale ofWelfare Property		59,719
	Total		66,345	60,639
6	EXPENDITURE ON LETTINGS
			2022	2021
	Unrestricted
	Staff costs and overheads		57,795	81,518
	Accommodation costs		79,866	100,951
	Other expenditure		5,997	5,402
	Total		143,658	167,871

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CHARI	TABLE	ACTIVITIE	S - GRANTS PAYABLE
				2022		2021
				Grants to Grants	to	Grants to Grants	to
				Institutions Individuals		Institutions Individuals
				K	K	K	K
Payable	From:
Sydney	Berry Trust				21,853		24,805
Education Fund
Other					67		415
Horne/8otwright					700		700
Church	Support	Grants		27,376		33,000
Special	Appeals	- Christian	Aid	1,011		4,171
Gift ofGrace - Church Grants				5,980		17,280
IfOnly.	..Action	Grants		1,700		14,000
Mission	Initiative	Grants				14,000
Grants	payable	from the CF Area Funds		103,584		66,143
Total				139,651	22,620	148,594	25,920

			2022	2021
			E	E
Depreciation		-owned assets	(62,224)	(80,?44)
Auditors	remuneration		(14,150)	(17,200)
Total			(76,3?4)	(97,944)

STAFF COSTS
	2022f	2021
Wages and salaries	375,970	379,926
Social security costs	29,712	29,020
Pension costs	36,954	37,643
	442,636	446,589

						Freehold	Computer	Computer	Fixtures 8	Motor
						property	Equipment		fittings	Vehicles	Total
										K
Cost
Balance b/f						1,634,507		53,048	657,284	12,526	2,357,365
Additions						950		6,609	839	22,736	31,134
Disposals						(50,755)				(12,526)	(63,281)
Balance c/f						1 584,702		59,657	658,123	22,736	2,325,218
Depreciation
Balance b/f								31,195	527,363	10,700	569,258
Charge for the		year						11,612	45,944	4,668	62,224
Disposals										(12,526)	(12,526)
Balance c/f								42,807	573,307	2,842	618,956
Net Book Value
Brought forward						1,634,507		21,853	129,921	1,826	1,788,107
Carried forward						1,584,702		16,850	84,816	19,894	1,706,262
All assets are	used for charitable			purposes.
All properties	are 100/0 owned		by	the Congregational			Federation
The Custodian		Trustee ofthe	properties		is	The Congregational		Federation	Ltd
INVESTMENT		PROPERTY
MARKET VALUE									2022		2021f
At 1 January 2022									3,590,562		3,322,146
Additions											6,416
Disposals									(169,165)
Revaluation											262,000
At 31 December 2022									3,421,397		3,590,562

NON CURRENT ASSET	INVESTIIENTS	2022 Listed	2021 Listed
		Investments	Investments
		f
Market Value
At 1 January		10,770,359	9,758,229
Net Additions/(Disposals)		500,141
Unrealised gains/(losses)	on investments	976,490	1,012,130
At 31 December		10,294,010	10,7T0,359

DEBTORS
		2022	2021
		E	F
Amount falling due within one year:
Trade Debtors		2,556	4,109
Prepayments	and accrued income	32,555	38,111
Other Debtors		635	780
Total		35,?46	43,000
CREDITORS
		2022	2021
Amount falling due within one year:
Trade Creditors		22,940	10,742
Taxation &Social Security		8,395	8,346
Other Creditors		7,963	8,824
Accruals		39,341	64,063
Total		78,639	91,995

				2022	2021
Amount	falling due after	more than	one year:
Accruals				10,750	15,000
Due to The Congregational		Federation	Ltd		1,255,342
Total				10,750	1,2T0,342

			At 01.01.22	income	Expenditure	G/L	Revaluation	Transfers	At 31.12.22
Unrestric ed Fu	ds		6		6		Surplus 6	6	f
General Purposes			1,442,993	233,335	(318,347)	(80,679)		82,042	1,359,344
Desi nated Funds
Property			1,784,395			1,255,342		(169,166)	2,870,571
Trading			960,967	138,563	(155,478)			14,263	958,315
Ministers' Pension			314,866	86,324	(84,783)	(30,043)			286,364
Church Support Grants			111,876	91,340	(28,702)	(869)			173,645
Church Support -	Dept		1,877	23,155	(128,259)			105,104	1,877
Church Support -	Safeguarding			23,155	(39,402)			16,247
Church Financial	Services		937,052	130,410	(78,202)	(87,655)			901,605
Protected Programme			5,609,608	746,871		(461,196)		(36,217)	5,859,066
CFArea Funds				2,669	4,659			1,990
			11,163,634	1,475,822	(837,832)	694,900		14,263	12,410,787
Restricted Funds
Homes for Retired	Ministers		769,646	78,276	(30,795)	(7,523)			809,604
Education			42,078	1,089		(3,848)			39,319
Sidney Beny			151,634	4,053	(21,853)	(14,320)			119,514
Church Support -	CIPT		1,340,918	90,848	(137,604)	(105,107)			1,1eg,o55
Special Appeals			1,011	5,170	(1,011)				5,170
CWM MSP4			50,443	314					50,757
CSC - ifonly...Mission		Initiative	1,700		(1,700)
CSC - CWM Gift ofGrace			20,243		(5,980)			(14,263)
CF Area Funds			1,193,161	57,581	103,584	103,850			1,043,308
			3,570,834	237,331	(302,527)	(234,648)		(14,263)	3,266,727
Permanen E dowme		ts
General Purposes	Property		91,654						91,654
Homes for Retired	Ministers		173,451						173,451
CF Area Funds			944,845			72,284			872,561
			1,209,950			(72,284)			1,137,666
Total Funds			15,944,418	1,713,153	(1,140,359)	287,968			16,805,180

	From	GP Property - 28, Arnside Ave, Oldham	GP Property - 28, Arnside Ave, Oldham	169,646
	To	PPF - 28,	Arnside Ave, Oldham	(178,761)
	To	GP Property - 60 Meadow Rise, Llaharan		(480)
	From	PPF - 60,	Meadow Rise, Llanharan	91,637
				82,042
General	Purpose	Property	Fund
	To	GP Property - 28, Arnside Ave, Oldham		(169,646)
	From	PPF - 60,	Meadow Rise, Llanharan	480
				(169,166)

From	GP Property - 28, Arnside Ave, Oldham	GP Property - 28, Arnside Ave, Oldham	GP Property - 28, Arnside Ave, Oldham	178,761
Congregational		Federation	Area Funds	(1,990)
Safeguarding		/ Accreditation	Group	(16,247)
Church	Support Dept			(105,104)
GP				(91,637)
				(36,217)

			At 01.01.21	Income	Expenditure	G/L	Revaluation	Transfers	At 31.12.21
Unrestricted Funds			E	E	E	E	Surplus E	f	E
General Purposes			1,396,421	307,940	(288,586)	94,274	262,000	(329,056)	1,442,993
Desi na ed Funds
Property			1,615,978					168,417	1,784,395
Trading			1,051,544	92,863	(183,440)				960,967
Ministers' Pension			287,593	84,959	(88,042)	30,356			314,866
Church Support Grants			88,596	56,735	(34,333)	878			111,876
Church Support - Dept				21,345	(121,468)			102,000	1,877
Church Support —Safeguarding				21,300	(36,856)			15,556
Church Financial Services			868,334	53,512	(74,986)	90,192			937,052
Protected Programme			4,722,799	372,789		473,425		40,595	5,609,608
CF Area Funds			99	1,806	4,393			2,488
			10,031,364	1,013,249	(832,104)	689,125	282,000		11,163,634
Restricted Funds
Homes for Retired Ministers			767,584	17,381	(23,493)	8,174			769,646
Education			37,140	1,050		3,888			42,078
Sidney Berry			155,518	4,448	(24,805)	16,473			151,634
Church Support - CIPT			1,283,964	83,320	(138,293)	111,927			1,340,918
Special Appeals			795	4,387	(4,171)				1,011
CWM MSP3			24,789	4				(24,793)
CWM MSP4			26,260		(610)			24,793	50,443
CSC - ifonly. ..Mission	Initiative		16,382		(14,682)				1,700
CSC - CWM Gift ofGrace			9,810	27,713	(17,280)				20,243
CSC - CWM Covid Mission		Initiativ&	14,000		(14,000)
CFArea Funds			1,099,393	54,588	66,143	105,323			1,193,161
			3,435,635	192,891	(303,477)	245,?85			3,570,834
Permanent Endowments
General Purposes Property			91,654						91,654
Homes for Retired Ministers			173,451						173,451
CFArea Funds			867,625			77,220			944,845
			1,132,730			77,220			1,209,960
Total Funds			14,599,729	1,206,140	(1,135,581)	1,012,130	262,000		15,944,418

		Endowments	Expendable f.	Accum Income f	Total @31.12.21
CF in Wales		25,480	39,213	3,146	67,839
East Midlands		40,634	19,458	3,158	63,250
Eastern		41,020		3,371	44,391
-Church	Ext	66,321		4,746	71,067
North East		109,271	16,742	12,718	138,731
North West		80,121	681,165	16,831	778,117
-Church	Ext	12,340	90,576	1,961	104,877
North West Midlands		47,027	6,745	15,255	69,027
South East		260,605	110,183	21,411	392,199
-Church	Ext	31,912		9,550	41,462
South West		230,114	63,784	350	294,248
South West Midlands			?2,212	586	72,798
Total		944,845	1,100,078	93,083	2,138,006

		Unrestricted	Restricted	Permanent
		Funds	Funds	Endowments	Total
					E
Fund balances at 31stDecember 2022 are
represented	by:
Fixed Assets		1,035,192	405,965	265,105	1,706,262
Investment	Property	3,191,897	229,500		3,421,397
Investments		7,233,437	2,188,012	872,561	10,294,010
Net Current	Assets	961,011	433,250		1,394,261
Creditors more than one year		(10,750)			(10,750)
Total		12,410,787	3,256,727	1~137„666	16,805,180
		Unrestricted	Restricted	Permanent
		Funds	Funds	Endowments	Total
Fund balances at 31stDecember 2021 are
represented	by:
Fixed Assets		1,066,350	456,652	265,105	1,788,107
Investment	Property	3,361,062	229,500		3,590,562
Investments		7,339,854	2,485,660	944,845	10,770,359
Net Current	Assets	666,710	399,022		1,065,732
Creditors more than one year		(1,270,342)			(1,270,342)
Total		11,163,634	3,570,834	1,209,950	15,944,418

were:
						2022	2021
						K
Funds to The Congregational		Federation		Limited
Payment of Independent	Examination		/ Audit		Fee	3,250	7,500
Funds from The Congregational		Federation			Limited
Costs relating to closed	churches						173
Loan relating to a closed	church						30,000
Affiliation Fees							180
Closed church sale distribution						880,862	414,153

	2022	2021
		F
Net movement in funds for the year	860,762	1,344,689
Depreciation	62,224	80,744
(Profit)/loss on disposal oftangible fixed assets	(66,345)	(60,639)
(Gains)/losses on investments	976,490	1,012,130
Investment property revaluation		(262,000)
(Increase)/decrease in debtors	7,254	35,255
Increase/(decrease) in creditors	(1,272,948)	(59,312)
Net cashflow from operating activities	567,437	85,116

ECONCILIATIO	N OF NET DEBTANALY	SIS AT 2022
	1 January	Cash flows	31 December
Cash	1,114,727	322,427	1,437,154
	1,114,727	322,427	1,437,154