2023-03-31-accounts - Union Chapel Project

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Reference and Administrative Details ofthe Charity, its Trustees and Advisers
Trustees' Report	2-14
Trustees' Responsibilities Statement	15
Independent Auditors' Report on the Financial Statements	16-19
Consolidated Statement ofFinancial Activities	20
Consolidated Balance Sheet	21-22
Charity Balance Sheet	23-24
Consolidated Statement ofCash Flows	25
Notes tothe Financial Statements	26-48

		Restricted funds	Unrestricted funds	Total	Total funds as
					restated
				funds
	Note	2023 6	2023	2023 6	2022 6
Income from:
Donations and legacies		302,509	89,336	391,845	97,266
Charitable activities Other trading activities Investments			92,032 1,024,148 1,228	92,032 1,024,148 1,228	633,429 584,653 167
Total income		302,509	1,206,744	1,509,253	1,315,715
Expenditure on:
Raising funds Charitable activities Other trading expenditure	8 9	346,248	19,904 800,982 580,859	19,904 1,147,230 580,859	183,068 837,317
Total expenditure		346,248	1,401,745	1,747,993	1,020,385
Net (expenditure)/income		(43,739)	(195,001)	(238,740)	295,330
Transfers between funds	20	125,251	(125,251)
Net movement in
funds		81,512	(320,252)	(238,740)	295,330
Reconciliation of
funds:
Total funds brought forward as restated		116,880	894,916	1,011,795	716,465
Net movement in funds		81,512	(320,252)	(238,740)	295,330
Total funds carried
forward		198,392	574,664	773,056	1,011,795

					Note	2023	2022
							Z
Cashflows from operating			activities:
Net cash		used in operating	activities		23	(263,806)	319,453
Cashflows from financing			activities:
Interest,	rent and dividends		from investments			1,228	167
Changes		in fixed assets (additions)				(3,021)	(5,415)
Net cash		used in investing				(1,793)	(5,248)
Change	in cash and cash		equivalents	in the year		(265,599)	314,205
Opening		bank balance				1195832	881627
Movement						(265,599)	314,205
Cash and		cash equivalents	at the end	ofthe year		930,233	1,195,832

	Restricted	Unrestricted	Total
	2023	2023	2023
Sunday Behoof	5	5	5
The Foyle Foundation- Sunday School Garlield Wsston - Sunday school Total	50,000 75 DDO 126000		50,000 75 DDO 126000
Organ Reframed
Organ reframed donations Touch - Incunabula Limited Arts Counal Nabonal Lottery -Arts Counol Friends of Union Chapel Anglo American Charitable Trust Spektria Donations Total	1,500	8,693 3,116 4,200 5,000 276	8,693 3,116 4,200 1,500 5,000 276
Com
February Foundation Henry Smith Charitable Trust Wsitrose	3,000 12,500		3,000 12,5DO
St Luke		166	166
Charilable Aids Foundation (CAF) Fishmonger Company The Mome Charity Slaughter and May St Mary Islington Richard Cloudsley Chsrtabls Trust UCM Donations		500 20,000 1,500 3,720 5,000 1,400 1,991	500 20,000 1,500 3,720 5,000 1,400 1,991
Total	15SM	924 32 601	924 46001
Crisis Services
Inner London Magistrates Court's Poor Bike Charily Drapers Charitable Trust Foundation Ths 29th May 1961Cherrable Trust Henry Smith Charitable Trust Richard Cloudsley Charitable Trust Lindbury Trust Slaughter and May Total	5,000 12,000 3,000 6,250 4,375 5,000 9,500 42126		5,000 12,000 3,000 6,250 4,375 5,0DD 9,500 42 125
Idarglns Manager
LBof Islrngtori Total	15000 ~1000		15000 15000
Supported Employment Services
The 29th May 1961Charlabls Trust London Housing Foundation Henry Smith Charitabl Trust Pret Foundsbcn	3,000 7,500 6,250		3,000 7,500 6,250
Richard Clcudslsy Charitabl Trust Lindbury Trust Slaughter and May Total	IO,DDO 13,125 5,000 7000		10,000 13,125 5,000 7 ODD
	51876		51 875

			Restricted	Unrsstdcted	Total
			2023	2023	2023
Other Grants			2	2	5
Oak Foundation
D'oyle			44,309		44,309
Friends of UC			3,000		3,000
Chapman Chsritahls	Trust		200		200
Total			1000 ~45 509		1,000 45,509
Other Donations
Charities Aid Foundation
Crosdfunding- Union	Chapel	Cost of Living Appeal		2,631	2,631
Grgan5c Donations				10,479	10,479
Speklrix Dona5ons				2,394	2,394
Anonymous donasons				5,663	5,663
Various othsrdonafions				1290	1290
Total				10,392	10,392
				32,850	32,850
Total income from donsgons		and legacies	~302509
			Restricted	Unrestricted	Total
			2022	2022	2022
Grants and Donatlona			2	2	2
				go aye	87258

			Unrestricted	Total
			funds	funds
			2023	2023
				6
Membership	income		7,585	7,585
Rental income			34,500	34,500
Supported	employment	income	49,947	49,947
Total income from charitable activities			92,032	92,032

				Restricted	Unrestricted	Total
				funds	funds	funds
				2022	2022	2022
Income	from	charitable	activities	554,344	79,085	633,429

			Unrestricted	Total
			funds	funds
			2023	2023
			6	E
Other	trading	activities
			1,024,148	1,024,148
			Unrestricted	Total
			funds	funds
			2022	2022f
Other	trading	activities	584,853	584,853

Unrestricted	Total
funds	funds
2023	2023
	E
1,228	1,228

Unrestricted	Total
funds	funds
2022	2022
167	167

				Activities
				undertaken	Support	Total
				directly	costs	funds
				2023	2023	2023
				6	6	E
Core				16,193	709,050	725,243
Infrastructure				15,336		15,336
Organ				2,573	8,259	11,102
Crisis service				59,740	42,053	101,793
Organ reframed				89,148	2,467	91,615
Margins manager					49,029	49,029
Sunday school					57,968	57,968
Supported	employment		programme	82,896	12,249	95,145
				265,886	881,334	1,147,230
				Activities
				undertaken	Support	Total
				Directly	costs	funds
				2022f	2022 E	2022 5
Total expenditure		2022		427,509	409,808	837,317
				427,509	409,808	837,317

		Unrestricted	Unrestricted
		funds	funds
		2023	2022
Direct salaries		256,816
Other direct costs		123,612
Administrative salaries		111,120
Other administrative	costs	89,311
Total other trading	costs	580,859

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		Group	Group
		2023	2022
Wages and salaries Social security costs Contribution to defined contdibution schemes	pension	917,109 51,256 19,484	491,663 35,399 9,708
		987,850	536,770

		Group	Group
		2023	2022
		No.	No.
Charitable	activities
Raising Funds Support Governance		22 5	30 2
		2	2
		40	41

				Equipment
				held under
				hire
	Staging and equipment	Fixtures and fittings	Fire Protection	purchase contract	Total
	F	5		E	f
Cost orvaluation
At 1 April 2022 Additions	222,177 2,291	176,749 730	69,813	65,390	534,129 3,021
At 31 March 2023	224,468	177,479	69,813	65,390	537,150
Depreciation
At 1 Apdil 2022	219,934	147,583	23,012	65,390	455,918
Charge forthe year	1,533	14,997	7,794		24,324
At 31 March 2023	221,467	162,580	30,806	65,390	480,243
Net book value
At 31March 2023	3,001	14,899	39,007		56,907
AI31March 2022	2,243	29,156	46,601		76,210
Charity
			Fixtures and	Fire
			fittings	Protection	Total
Cost orvaluation					6
At 1 April 2022			113,880	69,813	183,693
At 31 March 2023			113,880	69,813	183,693

	Fixtures and	Fire
	fittings	Protection	Total
	F	8
Depreciation
At 1 April 2022 Charge for the year	92,251 9,318	23,012 7,794	115,263 17,112
At 31March 2023	101,569	30,806	132,375
Net book value
At 31 March 2023	12,311	39,007	51,318
At31March 2022	21,629	46,801	68,430

	Investments	in
	subsidiary
	companies
		E
Charity
Cost orvaluation
At 1April 2022
At 31 March 2023
Net book value
At 31 March 2023
At31March 2022

	2023	2022
	E	E
Gross income:	1,024,496	532,161
Expenditure:	(561,061)	(281,422)
Net Surplus (Dedcit)	463,435	250,739
NetFunds	73,159

Independently exami	ned account	s will be fil
	2023	2022
	E	E
Gross income:	223.123	185,938
Expenditure:	(281,370)	(234,639)
Net Surplus (Deficit)	(58,247)	(48,701)
Nst Funds	3,014	61,261

Group	Group
2023	2022
6
3,108	3,108

		Group 2023 6	Group 2022 5	Charity 2023 6	Charrfy 2022f
Due within one year
Trade debtors		432,946	251,516	50,624
Amounts owed by group undertakings Other debtors		31,836	5,672	565,535 29,274	469,687 160,876
Prepayments and accrued income		22,780	149,925	15,287	147,224
		487,561	417,113	660,638	730,981
Creditors: Amounts	falling due within one year
		Group 2023 6	Group 2022 5	Charity 2023 6	Charity 2022
Trade creditors		220,567		58,626
Corporation tax			1,552
Other taxation and social security Other creditors		159,844 135,921	26,527	12,855 580	20510
Accruals and deferred	income	188,585,	654,389	19,408	24,875
		704,917	682,468	91,469	45,386

		Balance at 1 March 2022 As restated	Income	Expenditure	Transfers in/out	Balance at 31 March 2023
Unrestricted	funds	F	F			6
Designated	funds
Designated	Funds	354,147				354,147
General funds
General Funds Total Unrestricted		540760	1,206,744	~7,407 740	~720,207	220,517
Funds		894,916	1,206,744	(1,401,745)	(125,251)	574,664
Restricted funds
Margins Manager			15,000	(49,029)	34,029
Supported
employment	services		51,875	(60,575)	8,700
Community
engagement		10,166	1,500	(94,188)	82,522
Conservations	5
repairs		43,764	4,200	(23,863)		24,101
Crisis			45,125	(45,125)
Core			59,809	(15,500)		44,309
Sunday school project		62,950	125,000	(57,968)		129,982
		118,880	302,509	(346,248)	125,251	198,392
Total offunds		1,011,795	1,509,253	(1,747,993)		773,056

Statement o	ffunds —p	rior year
		Balance at 1 March 2021	Income	Expenditure	Transfers in/out	Balance at 31 March 2022
		E	F
Total Unrestricted
Funds		489,236	745,786	(757,990)	(21,674)	455,338
Restncted funds
Homeless project		100,645	450,197	(152,323)		398,519
Community
engagement Conservations	8,	63,634		(12,411)		51,223
repairs			104,147	(60,383)		43,764
Raising funds			15,805	(37,278)	21.674
Sunday school	project	62,950				62,950
		227,229	569,949	(262,395)	21,674	556,457
Total offunds		716,465	1,415,715	(1,020,385)		1,011,795

Analysis ofnet assets between f current year	unds-
	Restricted funds	Unrestricted funds	Designated funds	Total funds
	2023 f	2023	2023	2023 6
Tangible fixed assets Net Current assets Total	198,392 198392	56,907 163,610 200517	354,147 354 147	56,907 716,149 773,056

Analysis ofnet assets between f prior year	unds-
	As restated Restricted	As restated Unrestricted	Designated funds	Total funds
	funds	funds		2022
	2022 f	2022
Tangible fixed assets Net Current assets	116,880	78,210 462,658	354,147	78,210 933,585
Total	116,880	540868	354,147	1,011,795

											Group	Group
											2023 K	2022f
	Net income/expenditure of Financial Activities)			for the		year	(as		per	Statement
											(238,740)	295,330
	Adjustments	for:
	Depreciation Interest										24,325	38,951
	Changes in Changes in	debtors creditors									(1,228) (71,035) 22,872	(167) (330,068) 315,407
	Net cash provided		by/(used		in) operating			activities			(263,806)	319,453
25.	Analysis ofcash		and	cash equivalents
											Group	Group
											2023	2022
											F-
	Cash in hand
											930232	1195832
	Total cash and cash equivalents										930,232	1,195832

payments	es as follows:	ut	ure minimum	lease
	Group 2023	Group 2022	Charity 2023	Charity 2022
	E		6
Not later than 1year Later than 1 year and not later than 5years	18,000 48,000		16,000 48,000	16,000 46,000
	64,000	64,000	64,000	64,000