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||||||Page|Page|
|---|---|---|---|---|---|---|
|Report of|the Trustees||||2 —6||
|Report of|the Independent||Examiner||||
|Statement|of Financial|Activities|||||
|Comparison
Statement||of|Financial Activities||||
|Balance Sheet||||||10|
|Statement|ofCashflows||||||
|Notes to the Financial||Statements|||12 —24||
|The following
pages are|||for information|only and do not form|||
|part ofthe|statutory
accounts;||||||
|Custodian|Trustee properties||||Appendix|1|
|Managing|Trustees||||Appendix|2|
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||||Unrestricted|Restricted|Endowed|2022 Total|2021 Total|
|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|Funds|
|||Note||||4|6|
|Income||||||||
|Voluntary
income||||||||
|Investments|||2,003|9,190||11,193|22,647|
|Charitable
activities|||106|5,123||5,229|11,004|
|Other||||247,544||247,544|313,317|
|Total|||2,109|261,857||263,966|346,968|
|Expenditure||||||||
|Charitable
activities|||2,209|29,400||31,609|80,987|
|Charitable
activities-
Disbursements||||2,034,569||2,034,569|424,153|
|Total|||2,209|2,063,969||2,066,178|505,140|
|Net Income
/ (Expenditure)|||(100)|(1,802,112)||(1,802,212)|(158,172)|
|Extraordinary
Item|||(1,255,342)|||(1,255,342)||
|Gross transfers
between|Funds|||||||
|Net income before other recognised
gains/(losses)|||(1,255,442)|(1,802,112)||(3,057,554)|(158,172)|
|Other recognised
gains|/ (losses)|||||||
|Revaluation
ofinvestment|property|||3,395||3,395|110,564|
|Gains / (loss) on sale of investment
property||||74,445||74,445|169,857|
|Gains / (losses) on investments|||(3,155)|(9,966)||(13,121)|12,471|
||||(3,155)|67,874||64,719|292,892|
|Net movement
in Funds|||(1,258,597)|(1,734,238)||(2,992,835)|134&720|
|Total funds brought forward|||1,331,151|2,599,487||3,930,638|3,795,91&|
|Total Funds carried forward||16|72,554|865,249||937,803|3,930,638|
##
|||||||Unrestricted|Restricted|2021 Total|
|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Funds|
||||||||f||
|Income|||||||||
|Voluntary
income|||||||||
|Investments||||||847|21,800|22,647|
|Charitable
activities||||||10,000|1,004|11,004|
|Other|||||||313,317|313,317|
|Total||||||10,847|336,121|346,968|
|Expenditure|||||||||
|Charitable
activities||||||2,048|?8,939|80,98?|
|Charitable
activities|- Disbursements||||||424,153|424,153|
|Total||||||2,048|503,092|505,140|
|Net Income
/ (Expenditure)|||before|transfers||8,799|(166,971)|(158,172)|
|Gross transfers
between||Funds|||||||
|Net income before other||recognised|||gains/(losses)|8,799|(166,971)|(158,172)|
|Other recognised|gains|/ (losses)|||||||
|Revaluation
of investment||property|||||110,564|110,564|
|Gains
/ (loss) on sale of investment||||property|||169,857|169,857|
|Gains / (losses) on|investments|||||(1,759)|14,230|12,471|
|||||||(1,759)|294,651|292,892|
|Net movement
in Funds||||||7,040|127,680|134,720|
|Total funds brought
forward||||||1,324,111|2,4?1,807|3,795,918|
|Total Funds carried forward||||||1„331,151|2,599,487|3,930,638|
##
||||AS|AT 3|1 DECEMBE|R 2022|||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|2022 Total|2021 Total|
||||||Funds|Funds|Funds|Funds|
|||||Note|||5||
|Non Current||Assets|||||||
|Tangible|assets|||11|25,000||25,000|25,000|
|Investments||||12|20,516|100,457|120,973|147,119|
||||||45,516|100,457|145,973|172,119|
|Current|Assets||||||||
|Investment
property||||13||599,925|599,925|1,469,756|
|Debtors|||||||||
|Amounts|falling due within one year|||14|8,759|11,966|20,745|17,283|
|Cash in hand|||||26,952|164,634|191,566|1,043,626|
|Debtors|||||||||
|Amounts|falling due after more than one year|||14|56,454||56,454|1,317,569|
||||||92,165|776,545|868,710|3,848,234|
|Creditors|||||||||
|Amounts|falling due within one year|||15|(8,673)|(11,753)|(20,426)|(27,466)|
|Net Current||Assets|||83,492|764,792|848,284|3,820,746|
|Total Assets||less|Current Liabilities||129,006|665,249|994,257|3,992,865|
|Creditors|||||||||
|Amounts|falling due after more than one year|||15|(56,454)||(56,454)|(62,227)|
|Net Assets/Total|||Funds||72,554|865,249|937,803|3,930,638|
|Funds|||||||||
|Unrestricted||Funds|||72,554||72,554|1,331,151|
|Restricted|Funds|||||665,249|665,249|2,599,487|
|Total||||16|72,554|865,249|937,803|3,930,638|
##
|||2022|2021|
|---|---|---|---|
|Cash flow from operating
activities|Note 20|(2,026,963)|(406,783)|
|Net cash flow used in operating
activities||(2,026,963)|(406,783)|
|Cash flow from investing
activities||||
|Payments
to acquire investments|||(45,234)|
|Receipts from sales of investments||13,025|83,512|
|Receipts from sales of investment
properties||1,167,671|1,011,184|
|Net cash flow from investing
activities||1,180,696|1,049,462|
|Cash flow from financing
activities||||
|Long-term
loan repayment||(5,773)|(5,703)|
|Net cash flow used in financing
activities||(5,773)|(5,703)|
|Net increase I{decrease) in cash and cash equivalents||(852,040)|636,976|
|Cash and cash equivalents
at 1January||1,043,626|406,650|
|Cash and cash equivalents
at 31 December||191,586|1,043,626|
|Cash and cash equivalents
consist of".||||
|Cash at bank and in hand||191,586|1,043,626|
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|2|Voluntary
Income|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
||Voluntary
income|||||||||
||Total|||||||||
|3|Investment
Income|||||||||
|||||||||2022|2021|
||Rents received|||||||165|14,924|
||Income from fixed asset investments|||||||6,086|7,663|
||Bank interest received|||||||4,942|60|
||Total|||||||11,193|22,647|
|4|Income from Charitable||Activities|||||||
|||||||||2022|2021|
||Income relating to projects|||||||5,123|11,004|
||Other|||||||106||
||Total|||||||5,229|11,004|
|5|Other Income|||||||||
|||||||||2022|2021|
||Incoming
resources|received||following|church|closures||||
||for management
by The Congregational||||Federation||Ltd|||
||Investment
properties|||||||220,000|235,000|
||Cash and investments|||||||27,544|78,317|
||Total|||||||247,544|313,317|
##
|Unrestricted|Restricted|2022|2021|
|---|---|---|---|
|||K||
|2,209||2,209|2,048|
||29,400|29,400|78,939|
|2,209|29,400|31,609|80,987|
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|haritable
Acti|vities - Disbursements|||
|---|---|---|---|
|||2022|2021|
|Disbursements|—Ashley|77,042||
|Disbursements|- Brimington|201,189||
|Disbursements|- Darwen
Hollins Grove||142,172|
|Disbursements|- Ipswich|536,497||
|Disbursements|- Ipswich Manse||898|
|Disbursements|- Nottingham|5,084|33,919|
|Disbursements|- Polesworth|287|95,000|
|Disbursements|- Pontypool|266|57,164|
|Disbursements|- Ridgewell|475,000||
|Disbursements|- Shalford Green|582,198||
|Disbursements|- Ton Pentre|58,441||
|Disbursements|-Trebanog|1,456|95,000|
|Disbursements|-Tredegar|14,790||
|Disbursements|—Trudoxhill|82,319||
|Total||2,034,569|424,153|
##
||Property|Total|
|---|---|---|
|Cost||f.|
|At 1 January 2022|25,000|25,000|
|Additions|||
|At 31December 2022|25,000|25,000|
|Net BookValue|||
|At 1 January 2022|25,000|25,000|
|At 31 December 2022|25,000|25,000|
|12|Fixed Asset|Investments||
|---|---|---|---|
||||UK Listed|
||||investments|
||Market Value||5|
||At 1 January|2022|147,119|
||Additions|||
||Disposals||(13,728)|
||Revaluations||(12,418)|
||At 31December 2022||120,973|
|13|Investment|Property||
||||Investment|
||||Property|
||Market Value|||
||At 1 January|2022|1,469,756|
||Churches
closed during the year||220,000|
||Revaluation||3,395|
||Disposals||(1,093,226)|
||At 31 December 2022||599,925|
##
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|Debtors|||||
|---|---|---|---|---|
||||2022|2021|
||||K||
|Amounts|falling due within one year:||||
|Prepayments|||9,882|7,643|
|Other debtors|||2,227|1,004|
|Loans to|Richmond - Vineyard||8,636|8,636|
||||20,745|17,283|
|Amounts|falling due after more than one year:||||
|Amounts|due from Congregational|Federation||1,255,342|
|Loans to|Richmond - Vineyard||56,454|62,227|
||||56,454|1,317,569|
|Total Debtors|||77,199|1,334,852|
|Loans to|church||2022|2021|
|Richmond|- Vineyard||65,090|70,863|
|Total Loans|||65,090|70,863|
|Amounts|faliing due within one year||8,636|8,636|
|Amounts|falling due after more than|one year|56,454|62,227|
|Total Loans|||65,090|70,863|
##
|||||||||Investment|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Gain/(Loss)
on|Property|||
|||||At 01.01.22|Income|Expenditure|Investments|Revaluation|Transfer|At31.12.22|
|||||6|6|6|6|||6|
|nr
ric|F|n|||||||||
|General Purposes||||1,311,080|1,757|(612)|(1,257,203)|||55,022|
|~Desi ~nat|I~Fun||6||||||||
|Future Evauations|||Costs|10,000||||||10,000|
|Graveyard||||10,071|352|(1,597)|(1,294)|||7,532|
|||||1,331,151|2,109|(2,209)|(1,258,497)|||72,854|
|~Rthct|F|d|||||||||
|Ashley||||50,500|5,000|(80,062)|37,052|||12,490|
|Brimington||||201,073||(201,073)|||||
|Colchester|- Old|Heath||192,510||(4,661)||||187,849|
|Delph||||28,434|184|||3,395||32,013|
|Dudley - Park|||||137,264|(168)||||137,096|
|Ipswich St|Clements|||533,503|3,418|(536,921)|||||
|Longney||||44,891||(2,169)||||42,722|
|Middleton-by-Wirksworth|||||110,281|(1,777)||||108,504|
|Nottingham||||5,069|17|(5,086)|||||
|Polesworth||||266||(266)|||||
|Pontypool - Emmaus||||287||(287)|||||
|Ridgewell||||487,637|115|(479,622)||||8,130|
|Rishworth - Graveyard||||7,659|75|||||7,734|
|Royton - Church||||87,005|4,377|(4,419)|(6,553)|||80,410|
|Royton - Endowed||||9,963|450|(450)|(1,186)|||8,777|
|Royton - Manse||||12,795|578|(578)|(1,524)|||11,271|
|Sandford||||119,522|97|(5,416)|(703)|||113,500|
|Shalford Green||||599,451||(581,301)|(6,279)|||11,871|
|Ton Pentre||||76,027||(58,905)||||17,123|
|Trebanog||||1,456||(1,456)|||||
|Tredegar||||44,507||(16,475)|47,878|||75,910|
|Trudoxhill||||96,932||(82,877)|(4,206)|||9,849|
|||||2,599,487|261,857|(2,063,969)|84,479|3,395||865,249|
|Total||||3,930,638|263,966|(2,066,178)|(1,194,018)|3,395||937,803|
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|Movement|in F|und|s||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Investment|||
||||||||Gain/(Loss) on|Property|||
|||||At01.01.21|Income|Expenditure|Investments|Revaluation|Transfer|At 31.12.21|
|||||E|E|8|E|E||6|
|n
rictedF||n|s||||||||
|General Purposes||||1,312,551||(889)|(1,029)|||1,311,080|
|~Desi ~at|tt~Fnds||||||||||
|Future Evaluations|||Costs||10,000|||||10,000|
|Graveyard||||11,560|400|(1,159)|(730)|||10,071|
|||||1,324,111|10,847|(2,048)|(1,759)|||1,331,151|
|Q~sr~i~et~Fun||s|||||||||
|Ashley|||||51,291|(791)||||50,500|
|Brimington||||182,919|9,270|(8,587)||17,471||201,073|
|Colchester|- Old|Heath||197,198||(4,688)||||192,510|
|Delph||||25,931|165|||2,338||28,434|
|Darwen
-|Hollins|Grove||132,451||(135,608)||3,157|||
|Ipswich St|Clements|||445,007|33|(2,229)||90,692||533,503|
|Ipswich St|Clements||Manse|1,290||(1,290)|||||
|Longney||||46,364||(1,473)||||44,891|
|Nottingham|||||38,739|(33,925)|255|||5,069|
|Polesworth||||58,658||(95,719)||37,327||266|
|Pontypool|- Emmaus|||54,156|2,386|(58,249)||1,994||287|
|Ridgewell||||489,358|293|(2,428)|414|||487,637|
|Rishworth|-Graveyard|||7,658|1|||||7,659|
|Royton - Church||||79,283|3,937|(3,937)|7,722|||87,005|
|Royton - Endowed||||8,721|440|(440)|1,242|||9,963|
|Royton - Manse||||11,200|564|(564)|1,595|||12,795|
|Sandford|||||120,812|(1,491)|201|||119,522|
|Shalford Green||||539,830|3,106|(34,701)||91,216||599,451|
|Ton Pentre|||||44,018|(4,217)||36,226||76,027|
|Trebanog||||92,872|809|(95,026)|2,801|||1,456|
|Tredegar|||||60,257|(15,750)||||44,507|
|Trudoxhill||||98,911||(1,979)||||96,932|
|||||2,471,807|336,121|(503,092)|14,230|280,421||2,599,487|
|||||3,795,918|346,968|(505,140)|12,471|280,421||3,930,638|
##
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||||||2022|2021|
|---|---|---|---|---|---|---|
|Funds from Congregational||Federation|||||
|Payment
of Independent|Examination||/ Audit|Fee|3,250|7,500|
||||||2022|2021|
|Funds to Congregational
Federation|||||||
|Costs relating to closed|churches|||||173|
|Repayment
of Darwen|Loan|||||30,000|
|Closed church sale distributions|||||880,862|414,153|
|Affiliation Fees||||||180|
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||||2022|2021|
|---|---|---|---|---|
|Net movement
in funds|||(2,992,835)|134,720|
|(Increase)/decrease
in debtors|||1,257,653|9,1?7|
|Increase/(decrease)
in creditors|||(7,062)|(22,788)|
|Revaluation
of investment
property|||(3,395)|(110,564)|
|(Gain) / loss on sale of investment||property|(74,445)|(169,857)|
|(Gains)
/ losses on investments|||13,121|(12,471)|
|Churches closed during the year|||(220,000)|(235,000)|
|Net cashflow used
in operating|activities||(2,026,963)|(406,783)|
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|Abertillery||Charfield||Higham|||
|---|---|---|---|---|---|---|
|Affetside||Chatham||Highbury
Quadrant|||
|Ashby-de-la-Zouch||Cheltenham||Homin
gsham|||
|Ashton-in-Makerfield||Chipping||Hutton Free|||
|Bedford, (Elstow Bunyan)||Chulmleigh||Ide|||
|Beer||Corfe Castle||Iden Green|||
|Belper||Cranbrook||Inglewhite|||
|Belvedere & Erith||Crediton||Ipswich, Hatfield|Rd||
|Berkeley||Darwen,
Highfields||Isle ofSheppey|||
|Bethel Mission (StHelens)||Dereham||Isleworth|||
|Bilston||Didmarton||Islington
Union Chapel|||
|Birmingham
- Hay Mills||Dordon||Kentish Town|||
|Birmingham
-Ladypool|Rd|Dowlais||Kingswood,
(Wotton-under-
Ed e|||
|Blaby||Draycott||Knowle Green|||
|Blackpool, Yictoria||Driffield||Lapford|||
|Blaenavon||Dulverton||Leicester - Clarendon||Park|
|Bow||East Bergholt||Litlington|||
|Bradford, Kipping||East Ham||Little Longstone|||
|Bradford,
Union Croft||East Morton||Liverpool|||
|Bradley, Whitchurch||Eccles||Llanhilleth|||
|Bretherton||Fairford||Loddiswell|||
|Bristol, Hope||Four Lanes End, Bury||Long Compton|||
|Bristol, Kingswood||Frampton
on|Severn|Long Itchington|||
|Briton Ferry||Fritchley||Long Stratton|||
|Brixton||Garnduffaith,|Sardis|Maldon (Broad St.Green)|||
|Brynmawr,
Bethesda||Glasgow,
Lloyd Morris||Manchester
-Lees Street|||
|Bucklebury||Gloucester, St Mary' s||Market Harborough|||
|Burbage||Grassington||Markfield|||
|Buttershaw,
Bradford||Grimsby||Marton
in Chirbury|||
|Cadishead||Guilden
Morden||Minsterley|||
|Cam||Harden||Mobberley|||
|Carlisle - Lowther St||Hartin g||Moreton
in Marsh|||
|Carnforth||Hawkesbury|Upton|Narborough|||
|Castle Combe||Heathfield||Neath|||
|Cawsand||Heaton Mersey||Newark|||
|Chadderton
(Independent)||Herstmonceux||Newcastle
under Lyme|||
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