NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDEK4TION
ACCOUNTS
YEAR ENDED 31 DECEMBER 2022
RECJISTERED CHARITY NUMBER 516711
**NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **CHARITY INFORMATION**
- 1/. The Charity is governed by the constitution adopted the NW Area Assembly. The objectives are stated as the advancement of the Christian Faith and in furtherance thereof:
- a) to spread the Gospel of Jesus Christ;
- b) to encourage congregations of believers in local places to maintain corporate worship in free assembly alike in consecrated buildings and in homes of the people; c) to spread the knowledge of Jesus Christ throughout the world, principally through the agency of such bodies as the Council for World Mission (CWM);
- d) to further the spirit of unity in Jesus Christ with all other believers in him;
- e) to mediate the call of God to Christian service at home and abroad whether by way of the ordained ministry or otherwise;
- f) to do all such things as are necessary to the attainment of these objectives.
- 2/. The Trustees of the Charity during 2022 are:
Elizabeth Mary Dean Peter Butler Foday Yusufu Kamara David William Lampard James Reygan Angela Robinson Alan Kennedy George Crossley
- 3/. The Charity mainly supports Congregational Churches in the following areas.
CHESHIRE GREATER MANCHESTER CUMBRIA LANCASHIRE DERBYSHIRE (High Peak) MERSEYSIDE
- 4/. The Charity makes Loans and Grants to Congregational Churches in the above areas and supports training and other causes commensurate with the object of the Charity outlined in 1/. above.
Page 1
**NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **TRUSTEES REPORT**
The trustees present their report and the accounts for the year ended 31 December 2022
## **Summary of activities**
The Trustees have continued to support Congregational Churches and good causes.
## **Development and future plans**
There are no immediate plans to alter the way in which the Charity is run nor the way in which the income is expended.
## **Summary of Results**
The Trustees are satisfied with the Charity's affairs.
) **Chairman** ) **Secretary** ) **Treasurer**
Page 2
**NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **TRUSTEES REPORT**
During the year the Charity has made grants to the following churches:-
**----- Start of picture text -----**
£ £
-
Other Grants
Congregational Federation Mission & Ministry Grant
Student Grants 5,000
Other Grants - 4,000
9,000
Total Grants 9,000
**----- End of picture text -----**
Page 3
## **NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **RECEIPTS AND PAYMENTS ACCOUNT**
|**INCOMING RESOURCES**
Dividends & Interest on Investments
Bank Interest
Surplus on Sale of Investments
Donations / Affiliation Fees
NW Preachers
Walkdens Stipend Cont
Other Income
Funds Distribution rec'd from Nottingham
**Total incoming resources**
**RESOURCES EXPENDED**
**Direct charitable expenditure**
Grants
Donations + M&M Donation
**Administrative expenses**
Insurance
Pensions
Training
Expenses
Postage & Telephone
Printing & Stationery
Hospitality
Accountancy
Computer - Zoom
Speakers & Travelling
Stipend
Sundry Expenses
Tax/NI Contributions
ACAT Membership subscription
Year Books
Honorarium
**Total resources expended**
**NET INCOMING / (OUTGOING) RESOURCES**
**before transfers**
**Gross transfers between funds**
**Net incoming / (outgoing) resources**
**before other recognised gains & losses**
**Other recognised gains / losses**
**Unrealised gains and Losses on Investment assets**
**Net movement in funds**
Total funds brought forward
In year adj to clear bal on Area Preachers Assoc. Funds
**TOTAL FUNDS CARRIED FORWARD**|**£**
**£**
**£**
**£**
**£**
**£**
**2022**
**2021**
7,676
1,039
**8,715**
9,090
391
-
**391**
8
-
-
**-**
-
1,690
-
**1,690**
1,711
-
-
**-**
-
-
-
**-**
-
398
-
**398**
-
-
19,624
**19,624**
20,618
10,155
20,663
**30,818**
31,427
9,000
-
**9,000**
44,326
7,470
**-**
-
**7,470**
12,914
16,470
-
**16,470**
57,240
499
-
**499**
509
966
370
**1,336**
2,475
-
-
**-**
488
-
-
**-**
-
-
-
**-**
87
-
-
**-**
101
620
-
**620**
300
680
-
**680**
680
-
-
**-**
144
-
-
**-**
-
-
2,712
**2,712**
16,440
2,118
-
**2,118**
1,309
**-**
588
**588**
3,535
**10**
-
**10**
10
**-**
-
**-**
-
**600**
-
**600**
600
5,494
3,669
**9,163**
26,679
21,964
3,669
**25,633**
83,919
(11,809)
16,994
**5,184**
(52,492)
(8,806)
8806
0
0
(20,615)
25,799
**5,184**
(52,492)
(25,944)
(5,109)
**(31,052)**
30,483
343,873
54,875
**398,748**
420,758
421
**421**
-
297,735
75,564
**373,300**
398,748
**Unrestricted**
**Restricted**
**Total**|
|---|---|
Page 4
## **NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **STATEMENT OF ASSETS AND LIABILITIES**
|**Note**
**FIXED ASSETS**
Total Investments
**1**
**CURRENT ASSETS**
Cash at Bank and in Hand
**2**
Debtors - Loans outstanding
**3**
**CREDITORS**
Funds held for NW Preachers Assoc
**5**
**NET CURRENT ASSETS**
NET ASSETS
**FUNDS**
**Unrestricted funds**
**4**
**Restricted funds**
**4**
**TOTAL FUNDS**
)
**Trustee**|**Unrestricted Restricted**
**£**
**£**
269,685
31,795
269,685
31,795
13,603
40,769
14,449
28,052
40,769
-
-
28,052
40,769
297,735
72,564|**Total**
**£**
**2022**
**301,481**
**301,481**
**54,372**
**14,449**
**68,821**
**-**
**68,821**
**370,300**
**297,735**
**72,564**
**370,300**|**Total**
**£**
**2021**
332,531
332,531
52,673
14,449
67,122
906
-
66,216
398,748
343,873
54,875
398,748|
|---|---|---|---|
The notes on pages 6 , 7, & 8 form part of these accounts.
Page 5
## **NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **NOTES TO THE ACCOUNTS**
## **1 Investments**
|**NW AREA**
M & G Investments Charifund
IM CAF Investment Fund
COIF Charities Fixed Interest Fund
COIF Charities Investment Fund
BlackRock - BLK Charities UK Bond Fund A Inc
**CHAPEL ST**
COIF Charities Fixed Interest Fund
CAF UK Equity Growth Fund
BlackRock - BLK Charities UK Bond Fund A Inc
**THORNSETT**
COIF Charities Fixed Interest Fund
COIF Charities Investment Fund
Sub-total Unrestricted Investments
**JESSIE GIBSON**
BlackRock - BLK Charities UK Bond Fund A Inc
**IRLAMS**
COIF Charities Investment Fund
COIF Charities Fixed Interest Fund
BlackRock - BLK Charities UK Bond Fund A Inc
**LITTLEMOOR**
COIF Charities Investment Fund
CAF Bond Income Fund
Restricted Investment funds
**TOTAL INVESTMENTS**|Dividend/Intere Opening
Change in
Disposals
Closing
received
Balance
Value
Balance
**01.01.2022**
**31.12.2022**
**4,290**
80,440
(4,480)
**75,960**
65,551
(3,190)
**62,361**
**123**
4,828
(610)
**4,218**
**1,836**
69,481
(8,077)
**61,404**
**580**
17,761
(3,652)
**14,109**
**43**
1,677
(212)
**1,465**
19,650
(956)
**18,694**
**-**
5,628
(1,157)
**4,471**
**124**
4889
-618
**4,271**
**680**
25724
(2,991)
**22,733**
**7,676**
295,627
(25,944)
-
**269,685**
**10**
306
(63)
**242**
**-**
**249**
9,413
(1,094)
**8,319**
**87**
3,426
(433)
**2,993**
**198**
6,051
(1,244)
**4,807**
**-**
**370**
14019
(1,630)
**12,389**
**125**
3690
(645)
**3,045**
**1,039**
36,904
(5,109)
-
**31,795**
332,531
31,052
-
**301,481**|
|---|---|
Page 6
## **NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **NOTES TO THE ACCOUNTS cont.**
|**2**
**Cash at Bank**
Royal Bank Scotland
Royal Bank of Scotland - Special Interest bearing A/c
COIF - NW Area Deposit A/c
COIF - Thornsett Deposit A/c
COIF - NW Area Projects Deposit A/c
**3**
**Loans**
Bretherton cc
Knowle Green
Timperly
Eccles CC|Opening
Loans
Balance
Made
**01.01.2022**
7,000
-
4,000
-
2,250
-
1,199
-
14,449
-|**2022**
**101**
**20,284**
**21,330**
**9,478**
**6,179**
**57,372**
Loans
Repaid
-
-
-
-|2021
119
19,011
19,371
8,585
5,587
52,673
Closing
Balance
**31.12.2022**
**7,000**
**4,000**
**2,250**
**1,199**
**14,449**|
|---|---|---|---|
Page 7
## **NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **4 Movement in Funds**
|**Unrestricted funds**
Administration
Chapel St
Mission & Ministry
NW Area Projects
Thornset Ministry
Loans - NW Area Projects|**Transfers**
**Balance**
**Incoming**
**Resources**
**Gains and**
**Funds on**
**between**
**01.01.2022**
**Resources**
**Expended**
**losses**
**Loan to**
**funds**
**Churches**
**£**
**£**
**£**
**£**
**£**
**£**
-28523.47
0.00
-3027.63
0.00
31551.10
57,882.02
42.65
0.00
-2,325.31
0.00
-22,689.20
1,690.00
-5,970.00
0.00
26969.20
285,127.90
7,529.52
-12,966.24
-20,009.92
14449
-66905.42
37,627.59
892.48
0.00
-3,608.41
-|**Balance**
**31.12.22**
**£**
**0.00**
**55599.36**
**0.00**
**207224.84**
**34911.66**|
|---|---|---|
||||
|Unrestricted Funds Total|329,424.84
10,154.65
(21,963.87)
(25,943.64)
14449
-8385.12|**297,735.86**|
|**Restricted funds**
Area Ministry
Needy churches - Jessie Gibson
Lancs area ministry & future
church finance - Irlams
Capital Investment fund - Littlemoo|-21760.73
19624.43
-6669.34
0
8,805.64
450.17
10.04
0
-63.12
-
53,958.77
533.52
0.00
-2,771.29
-
22,226.52
495.05
0.00
-2,274.34
-|**0.00**
**397.09**
**51,721.00**
**0.00**
**20,447.23**|
||54,874.73
20,663.04
-6669.34
(5,108.75)
-
8,805.64|**72,564.32**|
||||
|Restricted Funds Total 31.12.2021||**72,564.32**|
|**TOTAL FUNDS**|384,299.57
30,817.69
-28633.21
(31,052.39)
14449.00
420.52|**370,300.18**|
|**5**
**CREDITORS**|||
|Funds held for NW Area Preachers Assoc|906.22
0.00
-485.70
(420.52)|**-**|
Page 8
NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDEK4TION
ACCOUNTS
YEAR ENDED 31 DECEMBER 2022
RECJISTERED CHARITY NUMBER 516711
**NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **CHARITY INFORMATION**
- 1/. The Charity is governed by the constitution adopted the NW Area Assembly. The objectives are stated as the advancement of the Christian Faith and in furtherance thereof:
- a) to spread the Gospel of Jesus Christ;
- b) to encourage congregations of believers in local places to maintain corporate worship in free assembly alike in consecrated buildings and in homes of the people; c) to spread the knowledge of Jesus Christ throughout the world, principally through the agency of such bodies as the Council for World Mission (CWM);
- d) to further the spirit of unity in Jesus Christ with all other believers in him;
- e) to mediate the call of God to Christian service at home and abroad whether by way of the ordained ministry or otherwise;
- f) to do all such things as are necessary to the attainment of these objectives.
- 2/. The Trustees of the Charity during 2022 are:
Elizabeth Mary Dean Peter Butler Foday Yusufu Kamara David William Lampard James Reygan Angela Robinson Alan Kennedy George Crossley
- 3/. The Charity mainly supports Congregational Churches in the following areas.
CHESHIRE GREATER MANCHESTER CUMBRIA LANCASHIRE DERBYSHIRE (High Peak) MERSEYSIDE
- 4/. The Charity makes Loans and Grants to Congregational Churches in the above areas and supports training and other causes commensurate with the object of the Charity outlined in 1/. above.
Page 1
**NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **TRUSTEES REPORT**
The trustees present their report and the accounts for the year ended 31 December 2022
## **Summary of activities**
The Trustees have continued to support Congregational Churches and good causes.
## **Development and future plans**
There are no immediate plans to alter the way in which the Charity is run nor the way in which the income is expended.
## **Summary of Results**
The Trustees are satisfied with the Charity's affairs.
) **Chairman** ) **Secretary** ) **Treasurer**
Page 2
**NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **TRUSTEES REPORT**
During the year the Charity has made grants to the following churches:-
**----- Start of picture text -----**
£ £
-
Other Grants
Congregational Federation Mission & Ministry Grant
Student Grants 5,000
Other Grants - 4,000
9,000
Total Grants 9,000
**----- End of picture text -----**
Page 3
## **NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **RECEIPTS AND PAYMENTS ACCOUNT**
|**INCOMING RESOURCES**
Dividends & Interest on Investments
Bank Interest
Surplus on Sale of Investments
Donations / Affiliation Fees
NW Preachers
Walkdens Stipend Cont
Other Income
Funds Distribution rec'd from Nottingham
**Total incoming resources**
**RESOURCES EXPENDED**
**Direct charitable expenditure**
Grants
Donations + M&M Donation
**Administrative expenses**
Insurance
Pensions
Training
Expenses
Postage & Telephone
Printing & Stationery
Hospitality
Accountancy
Computer - Zoom
Speakers & Travelling
Stipend
Sundry Expenses
Tax/NI Contributions
ACAT Membership subscription
Year Books
Honorarium
**Total resources expended**
**NET INCOMING / (OUTGOING) RESOURCES**
**before transfers**
**Gross transfers between funds**
**Net incoming / (outgoing) resources**
**before other recognised gains & losses**
**Other recognised gains / losses**
**Unrealised gains and Losses on Investment assets**
**Net movement in funds**
Total funds brought forward
In year adj to clear bal on Area Preachers Assoc. Funds
**TOTAL FUNDS CARRIED FORWARD**|**£**
**£**
**£**
**£**
**£**
**£**
**2022**
**2021**
7,676
1,039
**8,715**
9,090
391
-
**391**
8
-
-
**-**
-
1,690
-
**1,690**
1,711
-
-
**-**
-
-
-
**-**
-
398
-
**398**
-
-
19,624
**19,624**
20,618
10,155
20,663
**30,818**
31,427
9,000
-
**9,000**
44,326
7,470
**-**
-
**7,470**
12,914
16,470
-
**16,470**
57,240
499
-
**499**
509
966
370
**1,336**
2,475
-
-
**-**
488
-
-
**-**
-
-
-
**-**
87
-
-
**-**
101
620
-
**620**
300
680
-
**680**
680
-
-
**-**
144
-
-
**-**
-
-
2,712
**2,712**
16,440
2,118
-
**2,118**
1,309
**-**
588
**588**
3,535
**10**
-
**10**
10
**-**
-
**-**
-
**600**
-
**600**
600
5,494
3,669
**9,163**
26,679
21,964
3,669
**25,633**
83,919
(11,809)
16,994
**5,184**
(52,492)
(8,806)
8806
0
0
(20,615)
25,799
**5,184**
(52,492)
(25,944)
(5,109)
**(31,052)**
30,483
343,873
54,875
**398,748**
420,758
421
**421**
-
297,735
75,564
**373,300**
398,748
**Unrestricted**
**Restricted**
**Total**|
|---|---|
Page 4
## **NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **STATEMENT OF ASSETS AND LIABILITIES**
|**Note**
**FIXED ASSETS**
Total Investments
**1**
**CURRENT ASSETS**
Cash at Bank and in Hand
**2**
Debtors - Loans outstanding
**3**
**CREDITORS**
Funds held for NW Preachers Assoc
**5**
**NET CURRENT ASSETS**
NET ASSETS
**FUNDS**
**Unrestricted funds**
**4**
**Restricted funds**
**4**
**TOTAL FUNDS**
)
**Trustee**|**Unrestricted Restricted**
**£**
**£**
269,685
31,795
269,685
31,795
13,603
40,769
14,449
28,052
40,769
-
-
28,052
40,769
297,735
72,564|**Total**
**£**
**2022**
**301,481**
**301,481**
**54,372**
**14,449**
**68,821**
**-**
**68,821**
**370,300**
**297,735**
**72,564**
**370,300**|**Total**
**£**
**2021**
332,531
332,531
52,673
14,449
67,122
906
-
66,216
398,748
343,873
54,875
398,748|
|---|---|---|---|
The notes on pages 6 , 7, & 8 form part of these accounts.
Page 5
## **NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **NOTES TO THE ACCOUNTS**
## **1 Investments**
|**NW AREA**
M & G Investments Charifund
IM CAF Investment Fund
COIF Charities Fixed Interest Fund
COIF Charities Investment Fund
BlackRock - BLK Charities UK Bond Fund A Inc
**CHAPEL ST**
COIF Charities Fixed Interest Fund
CAF UK Equity Growth Fund
BlackRock - BLK Charities UK Bond Fund A Inc
**THORNSETT**
COIF Charities Fixed Interest Fund
COIF Charities Investment Fund
Sub-total Unrestricted Investments
**JESSIE GIBSON**
BlackRock - BLK Charities UK Bond Fund A Inc
**IRLAMS**
COIF Charities Investment Fund
COIF Charities Fixed Interest Fund
BlackRock - BLK Charities UK Bond Fund A Inc
**LITTLEMOOR**
COIF Charities Investment Fund
CAF Bond Income Fund
Restricted Investment funds
**TOTAL INVESTMENTS**|Dividend/Intere Opening
Change in
Disposals
Closing
received
Balance
Value
Balance
**01.01.2022**
**31.12.2022**
**4,290**
80,440
(4,480)
**75,960**
65,551
(3,190)
**62,361**
**123**
4,828
(610)
**4,218**
**1,836**
69,481
(8,077)
**61,404**
**580**
17,761
(3,652)
**14,109**
**43**
1,677
(212)
**1,465**
19,650
(956)
**18,694**
**-**
5,628
(1,157)
**4,471**
**124**
4889
-618
**4,271**
**680**
25724
(2,991)
**22,733**
**7,676**
295,627
(25,944)
-
**269,685**
**10**
306
(63)
**242**
**-**
**249**
9,413
(1,094)
**8,319**
**87**
3,426
(433)
**2,993**
**198**
6,051
(1,244)
**4,807**
**-**
**370**
14019
(1,630)
**12,389**
**125**
3690
(645)
**3,045**
**1,039**
36,904
(5,109)
-
**31,795**
332,531
31,052
-
**301,481**|
|---|---|
Page 6
## **NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **NOTES TO THE ACCOUNTS cont.**
|**2**
**Cash at Bank**
Royal Bank Scotland
Royal Bank of Scotland - Special Interest bearing A/c
COIF - NW Area Deposit A/c
COIF - Thornsett Deposit A/c
COIF - NW Area Projects Deposit A/c
**3**
**Loans**
Bretherton cc
Knowle Green
Timperly
Eccles CC|Opening
Loans
Balance
Made
**01.01.2022**
7,000
-
4,000
-
2,250
-
1,199
-
14,449
-|**2022**
**101**
**20,284**
**21,330**
**9,478**
**6,179**
**57,372**
Loans
Repaid
-
-
-
-|2021
119
19,011
19,371
8,585
5,587
52,673
Closing
Balance
**31.12.2022**
**7,000**
**4,000**
**2,250**
**1,199**
**14,449**|
|---|---|---|---|
Page 7
## **NORTH WEST AREA ASSOCIATION OF THE CONGREGATIONAL FEDERATION**
## **YEAR ENDED 31 DECEMBER 2022**
## **4 Movement in Funds**
|**Unrestricted funds**
Administration
Chapel St
Mission & Ministry
NW Area Projects
Thornset Ministry
Loans - NW Area Projects|**Transfers**
**Balance**
**Incoming**
**Resources**
**Gains and**
**Funds on**
**between**
**01.01.2022**
**Resources**
**Expended**
**losses**
**Loan to**
**funds**
**Churches**
**£**
**£**
**£**
**£**
**£**
**£**
-28523.47
0.00
-3027.63
0.00
31551.10
57,882.02
42.65
0.00
-2,325.31
0.00
-22,689.20
1,690.00
-5,970.00
0.00
26969.20
285,127.90
7,529.52
-12,966.24
-20,009.92
14449
-66905.42
37,627.59
892.48
0.00
-3,608.41
-|**Balance**
**31.12.22**
**£**
**0.00**
**55599.36**
**0.00**
**207224.84**
**34911.66**|
|---|---|---|
||||
|Unrestricted Funds Total|329,424.84
10,154.65
(21,963.87)
(25,943.64)
14449
-8385.12|**297,735.86**|
|**Restricted funds**
Area Ministry
Needy churches - Jessie Gibson
Lancs area ministry & future
church finance - Irlams
Capital Investment fund - Littlemoo|-21760.73
19624.43
-6669.34
0
8,805.64
450.17
10.04
0
-63.12
-
53,958.77
533.52
0.00
-2,771.29
-
22,226.52
495.05
0.00
-2,274.34
-|**0.00**
**397.09**
**51,721.00**
**0.00**
**20,447.23**|
||54,874.73
20,663.04
-6669.34
(5,108.75)
-
8,805.64|**72,564.32**|
||||
|Restricted Funds Total 31.12.2021||**72,564.32**|
|**TOTAL FUNDS**|384,299.57
30,817.69
-28633.21
(31,052.39)
14449.00
420.52|**370,300.18**|
|**5**
**CREDITORS**|||
|Funds held for NW Area Preachers Assoc|906.22
0.00
-485.70
(420.52)|**-**|
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