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|||Page|
|---|---|---|
|Legal and Administrative|Information||
|Trustees'
Report||3-5|
|Independent
Examiner's|Report||
|Statement
of Financial|Activities||
|Balance Sheet|||
|Notes to the Financial Statements||9-15|
|Charity Name:|Charity Name:||King's Church,
Wirral|King's Church,
Wirral|||
|---|---|---|---|---|---|---|
|Charity Registration||Number:|512642||||
|Governing|Document:||Declaration
ofTrust|dated 28th|April, 1982,as amended|on 17th June, 1991|
||||The Trustees are incorporated||as a body.||
|Principal Business||Address:|1 Victoria Fields||||
||||Birkenhead||||
||||Wirral||||
||||Merseyside
CH42 OPF||||
|Trustees:|||M. A. McGrath||||
||||C. Orr||||
||||Ms S.P. Pearson||||
||||I.S.Roberts||||
||||G Duffield (from 09/10/21)||||
|Independent|Examiner:||Paul Collins F.C.A.||||
||||Collins &Co||||
||||Chartered
Accountants||||
||||Suite 13Hattersley|House|||
||||1 Hattersley
Court||||
||||Ormskirk||||
||||Lanes L39 2AY||||
|Bankers:|||NatWest
Bank pic||||
||||West Kirby||||
||||Liverpool Customer|Service Centre|||
||||Stevenson
Way, Wavertree||||
||||Liverpool L13 1NW||||
|Solicitors:|||Percey Hughes
&Roberts||||
||||19Hamilton
Square||||
||||Birkenhead||||
||||Wirral CH41 6AY||||
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||||||Unrestricted|Restricted|TOTAL|FUNDS|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2022|2021|
|||||Note|E|8|8|E|
|INCOME FROM:|||||||||
|Donations and Legacies||||2|79,720|31,538|111,258|109,893|
|Other trading
activities||||3|1,242||1,242|605|
|Investments||||4|0||||
|Charitable
activities||||5|2,926||2,926||
|Other income|||||||||
|TOTAL INCOME|||||83,888|31,538|115,426|110,498|
|EXPENDITURE ON:|||||||||
|Raising funds||||7|0||||
|Charitable
activities||||8|112,784|18,759|131,543|102,574|
|TOTAL EXPENDITURE|||||112,784|18,759|131,543|102,574|
|NET (EXPENDITURE)/INCOME|||||(28,896)|12,779|(16,117)|7,924|
|TRANSFERS BETWEEN FUNDS|||||0|0|0|0|
|NET MOVEMENT
IN FUNDS|||||(28,896)|12,779|(16,117)|7,924|
|RECONCILIATION|OF FUNDS||||||||
|Total funds
brought|forward at 1stApril, 2021||||135,059|4,420|139,479|131,555|
|T
I If
1
i df||6 131 |M|h, 2022||106,163|17,199|123,362|139,479|
|The notes on pages|9to|15form part ofthese||accounts.|||||
##
|||Balance Sh|eet at 31st March, 202|2|||
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||Note|E|E|
|FIXEDASSETS|||||||
|Tangible fixed assets||||11|82,561|85,405|
|CURRENT ASSETS|||||||
|Debtors||||12|11,602|13,852|
|Cash at bank and|in hand||||32,119|42,631|
||||Total current assets||43,721|56,483|
|CREDITORS: AMOUNTS||FALLING DUE WITHIN|ONE YEAR|13|2,920|2,409|
|NET CURRENT ASSETS|||||40,801|54,074|
|TOTAL ASSETSLESSCURRENT LIABILITIES|||||123,362|139,479|
|CREDITORS: AMOUNTS||FALLING DUE AFTER|NIORE THAN ONE||||
|YEAR|||||||
|TOTAL NET ASSETS|||||123,362|139,479|
|THE FUNDS OF THE|CHARITY||||||
|Unrestricted|||||106,163|135,059|
|Restricted|||||17,199|4,420|
||||Total charity funds||123.392|139419|
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|tax|. The charity is not regis|tered
for|value|added tax.||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|TOTAL|Unrestricted|Restricted|TOTAL|
|||||Funds
6|Funds
f|2022
f|Funds
6|Funds|2021
6|
|2|Donations
and Legacies|||||||||
||Planned
Giving:|||||||||
||Gift Aid donations|||53,008|0|53,008|59,774|0|59,774|
||Income Tax recoverable|||9,827|1,775|11,602|11,612|0|11,612|
||Collections (open plate)|at all services||16,885|0|16,885|17,506|0|17,506|
||CJRS Grants|||0|3,500|3,500|0|8,414|8,414|
||Wirral BCGrant|||0|15,976|15,976|0|0|0|
||Donations|||0|10,287|10,287|0|12,587|12,587|
|||||79,720|31,538|111,258|88,892|21,001|109,893|
|3|Other trading
activities|||||||||
||PA equipment
sales|||0|0|0|0|0|0|
||Funday and Fundraising|||792|0|792|29|0|29|
||Rent receivable
from church premises|||450
1,242|0
0|450
~24|576
605|0
0|576
605|
|4|Investments|||||||||
||Dividends
and interest|(including|any|||||||
||reclaimed tax):|||||||||
||-on cash deposits|||||||||
|5|Charitable
activities|||||||||
||Outreach
Income|||1,107|0|1,107||||
||King's Cafe and community
catering|||1,819
2,926|0
0|1,819
~9||||
|6|Other income|||||||||
||Sales ofassets|||||||0|0|
|||||||||0|0|
|7|Raising funds|||||||||
||Giving Envelopes|||0|0|||0|0|
|||||0|0|||0|0|
##
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|||forthe y|ear ended 31s|tMarch, 202|2 (continued|)|||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|TOTAL|Unrestricted|Restricted|TOTAL|
||||Fundsf|Funds
8|2022
E|Funds
8|Funds
8|2021
8|
|Charitable
activities|||||||||
|Missionary
&charitable|giving:||||||||
|Pidugu|||4,800|0|4,800|4,800|0|4,800|
|A. Smith|||3,000|0|3,000|3,000|0|3,000|
|Together for the Harvest|||300|0|300|300|0|300|
|Wirral Youth for Christ|||360|0|360|360|0|360|
|Sundries|||248|440|688|133|295|428|
||||8,708|440|9,148|8,593|295|8,888|
|Ministry:|||||||||
|Costs ofservices|||114|0|114|298|0|298|
|Wages and salaries|||57,006|3,500|60,506|51,006|8,414|59,420|
|Employers
pension costs|||1,466|0|1,466|1,732|0|1,732|
|Church costs:|||||||||
|Water charges|||628|0|628|165|0|165|
|Insurance|||3,168|0|3,168|2,749|0|2,749|
|Heat and light|||3,685|0|3,685|6,350|0|6,350|
|Repairs and maintenance|||18,447|14,819|33,266|0|8,681|8,681|
|Cleaning
and waste|disposal||1,312|0|1,312|69|0|69|
|Sunday school, King's Kids||&Youth Work|348|0|348|348|0|348|
|Bank charges|||825|0|825|558|0|558|
|Website costs|||943|0|943|1,221|0|1,221|
|Catering|||851|0|851|24|0|24|
|Licences|||869|0|869|899|0|899|
|Computer Costs|||185|0|185|47|0|47|
|Gifh|||72|0|72|105|0|105|
|King's Caf& and community||catering|2,568|0|2,568|0|0|0|
|Outreach costs|||509|0|509|44|0|44|
|PA equipment|||25|0|25|24|0|24|
|Printing,
postage and stationery|||200|0|200|512|0|512|
|Hire of equipment|||2,866|0|2,866|2,914|0|2,914|
|Telephone|||1,685|0|1,685|1,708|0|1,708|
|Independent
examination|||1,260|0|1,260|1,200|0|1,200|
|Sundries|||2,200|0|2,200|1,774|0|1,774|
|Depreciation
on land & buildings|||2,844|0|2,844|2,844|0|2,844|
||||112,784|18,759|131,543|5,184|17,390|102,574|
##
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|9|Net income|||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
||Net income|is stated|after charging:|||||||
||Depreciation|oftangible||fixed assets||||2,844|2,844|
||Profit/(loss)|on disposal||offixed|assets|||0|0|
||Staff costs (see note||10)|||||61,972|61,152|
||Independent|Examination||||||1,260|1,200|
|10|Staff Costs|||||||2022|2021|
|||||||||8||
||Wages and|Salaries||||||60,506|59,420|
||Pension costs|||||||1,466|1,732|
|||||||||61 672|61,152|
||The average|number|of|full-time|equivalent|employees|(including|casual and part-time
staff)|employed
by|
||the charity during the||year was||as follows:|||||
|||||||||2022|2021|
||Self employed
pastor|||||||1||
||Management|&Administration||||||1||
##
|Tangible Fixed Assets||||||
|---|---|---|---|---|---|
||Freehold
land|Fixtures|8|Musical||
||8 buildings|fittings||equipment|Total|
||8|8||8||
|COST OR VALUATION||||||
|At 1stApril, 2021|142,213|23,858||14,473|180,544|
|Additions|0||0|0|0|
|At 31st March, 2022|142,213|23,858||14,473|180,544|
|DEPRECIATION||||||
|At 1stApril, 2021|56,810|23,857||14,472|95,139|
|Charge for the year|2,844||0|0|2,844|
|At 31st March, 2022|59,654|23,857||14,472|97,983|
|NET BOOK VALUE||||||
|At 31stMarch, 2022|82,559|||1|82,561|
|At 31stMarch, 2021|85,403|||1|85,405|
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|12|Debtors|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||8|6|
||Income Tax recoverable|||||||||11,602|11,602|
||Prepayments
and||accrued income|||||||0|2,250|
|||||||||||11,602|13,852|
|13|Liabilities: Amounts
falling due|||within||one|year|||2022|2021|
|||||||||||6|8|
||Trade Creditors|||||||||789|291|
||Other taxes and social security costs|||||||||871|918|
||Accru ala|||||||||1,260|1,200|
|||||||||||2,920|2,409|
|14|Analysis of Net Assets by Fund|||||||||||
||||||||Unrestricted|Restricted||||
||||||||Funds|Funds|||Total|
||||||||F|6|||6|
||Fixed Assets||||||82,561||0||82,561|
||Current Assets||||||26,522|17,199|||43,721|
||Current
Liabilities||||||(2,920)||0||(2,920)|
||Liabilities after|more than one year|||||0||0||0|
||Fund Balance||||||106,163|17,1|9||123,362|
|15|Movement
on|funds||||||||||
|||||At|1st||Incoming||||At31st|
|||||April,|||Resources|Outgoing|||March,|
|||||2021|||(inc.gains)|Resources||Transfers|2022|
||||||6||8|6||6|8|
||Unrestricted
funds|||||||||||
||Mission Fund|||||0|||||0|
||Capital Asset Fund|||85,405|||0|2,844|||82,561|
||General
fund|||49,654|||83,888|109,940|||23,602|
||Total unrestricted||funds|135,059|||83,888|112,784|||106,163|
||~dfunds|||||||||||
||Building
Fund||||3,197||11,622|14,819|||0|
||Refurbishment|Fund||||0|15,976||0||15,976|
||Earmarked
income||||1,223||440|440|||1,223|
||CJRS Grants|||||0|3,500|3,500|||0|
||Total restricted|funds|||4,420||31,538|18,759|||17,199|
||Total funds|||139,479|||115,426|131,543|||123,362|
##
|||||Notes tothe Financial Statements
forthe year ended 31stMarch, 2022 (continued)|||||
|---|---|---|---|---|---|---|---|---|
|16|Fund Details||||||||
||Details ofthe|various funds
held by the charity are as follows:|||||||
||Name offund|||Description,
nature and purposes ofthe fund|||||
||~nr ~ri (g~fn||6||||||
||Mission
Fund|||This fund was set u
to collect the
10'%%d Tithed
P
monies to|be|forwarded|onto||
|||||various missionary
societies and other charities. This fund|ceased to be||||
|||||designated
at the year end.|||||
||Capital Asset|Fund||This fund represents
the net book value offixed assets at|the year end||date which||
|||||cannot be readily converted
into liquid funds at short notice.|||||
||General
fund|||Any monies not included
in any other fund.|||||
||~RRit df|d|||||||
||Building
Fund|||This fund was set up to collect monies to be used as when||required
for|the||
|||||continual
repair and refurbishment
ofthe Church
building.|||||
||Refurbishment||Fund|This fund was set up following a grant received from Wirral||BCtowards|||
|||||refurbishment
ofthe creche and toilet areas ofthe building.|||||
||Earmarked
income|||This fund was set up to collect small amounts
of money which is restricted||||in its|
||fund|||use. These monies typically relate to church conferences|and donations||received||
|||||towards the work ofother chaditable
organisations.|||||
||CJRS Grants|||These were grants received from the governement
towards||the salaries|of||
|||||furloughed
workers
during
the pandemic.|||||
|17|Taxation||||||||
||As a charity,|King's Church,
Wirral isexempt from tax on income and gains to the|||extent that these|||are|
||applied to its|charitable||objects. No tax charges have arisen
in the Charity.|||||
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