| Page | ||
|---|---|---|
| Trustees' report |
1-5 | |
| Statement oftrustees' |
responsibilities | |
| Independent auditor's |
report | 7-9 |
| Statement offinancial | activities | 10-11 |
| Balance sheet | 12 | |
| Notes to the financial | statements | 13-23 |
| Current financial year | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||
| Notes | f. | f | F | ||
| Donations and legacies |
251,120 | 27,205 | 278,325 | 312,460 | |
| Other trading activities |
297,327 | 297,327 | 332,755 | ||
| Investments | 39,487 | 39,487 | 16,172 | ||
| Other income | 2,111 | ||||
| Total income | 587,934 | 27,205 | 615,139 | 663,498 | |
| Ex | |||||
| Raising funds | 175,169 | 175,169 | 202,618 | ||
| Charitable activities |
315,926 | 315,926 | 347,873 | ||
| Property rental costs |
12 | 76,384 | 76,384 | 74,202 | |
| Total expenditure | 567,479 | 567,479 | 624,693 | ||
| Net income for the year/ | |||||
| Net movement in funds |
20,455 | 27,205 | 47,660 | 38,805 | |
| Fund balances at 1 January 2022 | 1,216,451 | 68,838 | 1,285,289 | 1,246,484 | |
| Fund balances at 31 December 2022 | 1,236,906 | 96,043 | 1,332,949 | 1,285,289 |
| Prior financial year | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | |||
| 2021 | 2021 | 2021 | ||
| Notes | ||||
| Donations and legacies |
270,569 | 41,891 | 312,460 | |
| Other trading activities |
332,755 | 332,755 | ||
| Investments | 16,172 | 16,172 | ||
| Other income | 2,111 | 2,111 | ||
| Total income | 621,607 | 41,891 | 663,498 | |
| Raising funds | 202,618 | 202,618 | ||
| Charitable activities |
347,873 | 347,873 | ||
| Property rental costs |
12 | 74,202 | 74,202 | |
| Total expenditure | 624,693 | 624,693 | ||
| Net income for the year/ | ||||
| Net movement ln funds |
(3,086) | 41,891 | 38,805 | |
| Fund balances at 1 January 2021 | 1,219,537 | 26,947 | 1,246,484 | |
| Fund balances at 31 December 2021 | 1,216,451 | 68,838 | 1,285,289 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Fixed assets | ||||||
| Tangible assets | 14 | 3,202,123 | 3,264,477 | |||
| Current assets | ||||||
| Stocks | 15 | 32,558 | 23,304 | |||
| Debtors | 18 | 147 | ||||
| Cash at bank and in | hand | 245,541 | 260,157 | |||
| 278,099 | 283,608 | |||||
| Creditors: amounts | falling due within | |||||
| one year | 18 | (202,720) | (147,257) | |||
| Net current assets | 75,379 | 136,351 | ||||
| Total assets less current liabilities | 3,277,502 | 3,400,828 | ||||
| Creditors: amounts | falling due after | |||||
| more than one year | 19 | (1,944,553) | (2,115,539) | |||
| Net assets | 1,332,949 | 1,285,289 | ||||
| Income funds | ||||||
| Restricted funds | 21 | 96,043 | 68,838 | |||
| Unrestricted funds |
1,236,906 | 1,216,451 | ||||
| 1,332,949 | 1,285,289 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | ||
| F | E | F | E | ||||
| Donations | and gifts | 251,120 | 27,205 | 278,325 | 259,699 | 41,891 | 301,590 |
| JRS Grant | 9,540 | 9,540 | |||||
| Membership | fees | 1,330 | 1,330 | ||||
| 251,120 | 27,205 | 278,325 | 270,569 | 41,891 | 312,460 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| Shop income | 297,327 | 332,755 | ||
| 5 | Investments | |||
| Unrestricted | Unrestricted | |||
| funds | funds | |||
| 2022 | 2021 | |||
| Rental income | 39,386 | 16,160 | ||
| interest receivable | 101 | 12 | ||
| 39,487 | 16,172 | |||
| 6 | Other income | |||
| Total | Unrestricted | |||
| funds | ||||
| 2022 | 2021 | |||
| Net gain on disposal oftangible | fixed assets | 2,111 |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2021 | ||||
| f. | E | ||||
| i in | |||||
| Fairs and celebrations | costs | 592 | |||
| Ii:KfLnQ QQSf5 | |||||
| Shop expenses | 175,169 | 202,026 | |||
| 175,169 | 202,618 | ||||
| Charitable | activities | ||||
| Church | Church | ||||
| expenditure | expenditure | ||||
| 2022 | 2021 | ||||
| f | |||||
| Staff costs | 36,396 | 46,250 | |||
| Depreciation | and impairment | 62,355 | 77,456 | ||
| Sunday school and youth expenses | 266 | ||||
| Donations | 35,179 | 13,300 | |||
| Bad debts | 10,896 | ||||
| Other charitable | expenditure | 1,634 | |||
| 135,564 | 148,168 | ||||
| Share of support | costs (see note 9) | 60,117 | 71,156 | ||
| Share ofgovernance | costs (see note 9) | 120,245 | 128,549 | ||
| 315,926 | 347,873 |
| Support | costs | |||||||
|---|---|---|---|---|---|---|---|---|
| Support | Governance | 2022 | Support | Governance | 2021 | |||
| costs | costs | costs | costs | |||||
| F | f | |||||||
| Church repairs | & | |||||||
| renewals | 10,131 | 10,131 | 21,407 | 21,407 | ||||
| Church utilities |
& | |||||||
| insurance | 25,979 | 25,979 | 25,669 | 25,669 | ||||
| Motor &travel | expenses | 14,622 | 14,622 | 13,956 | 13,956 | |||
| Printing, postage 8 |
||||||||
| stationery | 149 | 149 | 664 | 664 | ||||
| Telephone | & internet | 4,285 | 4,285 | 4,860 | 4,860 | |||
| Laundry &cleaning |
2,695 | 2,695 | 4,600 | 4,600 | ||||
| Travel | 2,256 | 2,256 | ||||||
| Audit fees | 8,400 | 8,400 | 7,620 | 7,620 | ||||
| Legal and | professional | 2,758 | 2,758 | 20,361 | 20,361 | |||
| Bank interest | 102,808 | 102,808 | 93,358 | 93,358 | ||||
| Bank charges | 6,279 | 6,279 | 7,210 | 7,210 | ||||
| 60,117 | 120,245 | 180,362 | 71,156 | 128,549 | 199,705 | |||
| Analysed | to | |||||||
| Charitable | activities | 60,117 | 120,245 | 180,362 | 71,156 | 128,549 | 199,705 |
| 2022 | 2021 | ||
|---|---|---|---|
| Number | Number | ||
| Priests | |||
| Employment | costs | 2022 | 2021 |
| F | F | ||
| Wages and salaries | 35,775 | 45,490 | |
| Other pension costs | 621 | 760 | |
| 36,396 | 46,250 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| Rent & | rates | 55,330 | 59,566 |
| Repairs | &renewals | 66 | 1,855 |
| Utilities | &insurance | 20,988 | 12,781 |
| 76,384 | 74,202 |
| 14 | Tangible fixed assets | |||||
|---|---|---|---|---|---|---|
| Freehold land | Fixtures and | Motor vehicles | Total | |||
| and buildings | fittings | |||||
| f | ||||||
| Cost | ||||||
| At 1 January 2022 | 3,781,110 | 145,400 | 68,459 | 3,994,969 | ||
| At 31 December 2022 | 3,781,110 | 145,400 | 68,459 | 3,994,969 | ||
| Depreciation and impairment |
||||||
| At 1 January 2022 | 556,048 | 112,461 | 61,982 | 730,491 | ||
| Depreciation charged |
in the year | 52,501 | 8,235 | 1,619 | 62,355 | |
| At 31 December 2022 | 608,549 | 120,696 | 63,601 | 792,846 | ||
| Carrying amount |
||||||
| At 31 December 2022 | 3,172,561 | 24,704 | 4,858 | 3,202,123 | ||
| At 31 December 2021 | 3,225,062 | 32,939 | 6,476 | 3,264,477 | ||
| 15 | Stocks | |||||
| 2022 | 2021 | |||||
| E | ||||||
| Finished goods and goods for resale | 32,558 | 23,304 | ||||
| 16 | Debtors | |||||
| 2022 | 2021 | |||||
| Amounts falling due |
within one year: | F | ||||
| Other debtors | 147 | |||||
| 17 | Loans and overdrafts | |||||
| 2022 | 2021 | |||||
| Bank loans | 2,097,476 | 2,227,489 | ||||
| Payable within one year |
152,923 | 111,950 | ||||
| Payable after one year | 1,944,553 | 2,115,539 |
| 18 | Creditors: am | ounts | falling due within one year | |||
|---|---|---|---|---|---|---|
| Notes | 2022f | 2021 | ||||
| Bank loans | 17 | 152,923 | 111,950 | |||
| Other taxation | and social security | (2,235) | (3,685) | |||
| Trade creditors | 28,630 | 10,394 | ||||
| Other creditors | 3,786 | 5,890 | ||||
| Accruals and deferred | income | 19,616 | 22,708 | |||
| 202,720 | 147,257 | |||||
| 19 | Creditors: amounts | falling due after more than one year | ||||
| 2022 | 2021 | |||||
| Notes | ||||||
| Bank loans | 17 | 1,944,553 | 2,115,539 |
| Movement | Movement | ||||||
|---|---|---|---|---|---|---|---|
| in funds | in funds | ||||||
| Balance at | Incoming | Balance at | Incoming | Balance at | |||
| 1 January | 2021 | resources1 | January 2022 |
resources | 31 December | ||
| 2022 | |||||||
| Brothers ofChrist | 1,720 | 1,720 | 1,720 | ||||
| New Property | 18,197 | 34,165 | 52,362 | 23,740 | 76,102 | ||
| Action Foundation | collection | 7,030 | 7,726 | 14,756 | 3,465 | 18,221 | |
| 26,947 | 41,891 | 68,838 | 27,205 | 96,043 |
| Analysis o | fnet assets | between funds | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | ||
| E | E | F | |||||
| Fund balances at 31 | |||||||
| December | 2022 are | ||||||
| represented | by: | ||||||
| Tangible assets | 3,202,123 | 3,202,123 | 3,264,477 | 3,264,477 | |||
| Current assets/(liabilities) | (20,664) | 96,043 | 75,379 | 67,513 | 68,838 | 136,351 | |
| Long term | liabilities | (1,944,553) | (1,944,553) | (2,115,539) | (2,115,539) | ||
| 1,236,906 | 96,043 | 1,332,949 | 1,216,451 | 68,838 | 1,285,289 |