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|Report ofthe Trustees||1|to|9|
|Independent
Examiner's|Report||10||
|Statement ofFinancial|Activities||||
|Balance Sheet|||12||
|Notes to the Financial Statements||13|to|19|
|Detailed Statement ofFinancial Activities||20|to|21|
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||2023|2022|
|---|---|---|
||Unrestricted|Total|
||funds|funds|
|Notes|||
|INCOME AND ENDOWMENTS FROM|||
|Donations
and legacies
2|127,708|108,490|
|Investment
income|609|1,589|
|Total|128,317|110,079|
|EXPENDITURE ON|||
|Charitable
activities|||
|Advancement
ofChristianity|106,822|99,245|
|Net gains/(losses)
on investments|(50,626)|(7,289)|
|NET INCOME/(EXPENDITURE)|(29,131)|3,545|
|RECONCILIATION
OF FUNDS|||
|Total funds brought
forward|1,283,917|1,280,372|
|TOTAL FUNDS CARRIED FORWARD|1,254„786|1,283,917|
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||BALANCE SHEET
31MARCH 2023|||
|---|---|---|---|
|||2023|2022|
|||Unrestricted|Total|
|||funds|funds|
||Notes|||
|FIXEDASSETS||||
|Tangible assets||832,731|833,414|
|CURRENT ASSETS||||
|Debtors||20,631|19,521|
|Investments||270,814|321,440|
|Cash at bank and in hand||132,770|111,942|
|||424,215|452,903|
|CREDITORS||||
|Amounts
falling due within one year|10|(2,160)|(2,400)|
|NKT CURRENT ASSETS||422,055|450,503|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||1,254,786|1,283,917|
|NET ASSETS||1,254,786|1,283,917|
|FUNDS||||
|Unrestricted
funds||1,254,786|1,283,917|
|TOTAL FUNDS||1,254,786|1,283,917|
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|2.|DONATIONS
AND LEGACIES||||
|---|---|---|---|---|
||||2023|2022|
||Tithes and offerings||107,077|88,969|
||Recovered tax||20,631|19,521|
||||127,708|108,490|
|3.|INVESTMENT INCOME||||
||||2023|2022|
||Rents received||500|1,584|
||Deposit account interest||109|5|
||||609|1,589|
|4.|TRUSTEES' REMUNERATION|AND BENEFITS|||
||||2023|2022|
||Trustees' salaries||31,025|30,500|
||Trustees' pensions paid||1,500|1,500|
||||32,525|32,000|
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|STAFF COSTS|||||
|---|---|---|---|---|
||||2023|2022|
|Wages and salaries|||64,521|68,961|
||||64,521|68,961|
|The average monthly|number ofemployees|during the year was as follows:|||
||||2023|2022|
|Church Activities|||5|3|
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|COMPARATIVKS F|OR THE STATEMENT OF FINANCIAL|ACTIVITIES|
|---|---|---|
|||Unrestricted|
|||funds|
|INCOME AND ENDOWMENTS FROM|||
|Donations
and legacies||108,490|
|Investment
income||1,589|
|Total||110,079|
|EXPENDITURE ON|||
|Charitable
activities|||
|Advancement
ofChristianity||99,245|
|Net gains/(losses)
on investments||(7,289)|
|NET INCOME||3,545|
|RECONCILIATION|OF FUNDS||
|Total funds brought
forward||1,280,372|
|TOTAL FUNDS CARRIED|||
|FORWARD||1,283,917|
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|7.|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|---|
||||Fixtures|||
|||Long|and|Computer||
|||leasehold|fittings|equipment|Totals|
||COST|||||
||At 1 April 2022 and 31March 2023|830,000|8,727|36,345|875,072|
||DEPRECIATION|||||
||At 1 April 2022||8,727|32,931|41,658|
||Charge for year|||683|683|
||At 31March 2023||8,727|33,614|42,341|
||NET BOOK VALUE|||||
||At 31March 2023|830,000||2,731|832,731|
||At 31March 2022|830,000||3,414|833,414|
|8.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||2023|2022|
||Other debtors|||20,631|19,521|
|9.|CURRENT ASSET INVKSTMKNTS|||||
|||||2023|2022|
||Unlisted
investments|||270,814|321,440|
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|10.|CREDITORS|: AMOUNTS|FAL|LING DUK WITHIN|ONK YEAR|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||Other creditors|||||2,160|2,400|
|11.|MOVEMENT|IN FUNDS||||||
|||||||Net||
|||||||movement|At|
||||||At 1.4.22|in funds|31.3.23|
||Unrestricted|funds||||||
||General fund||||1,283,917|(29,131)|1,254,7S6|
||TOTAL FUNDS||||1,283,917|(29,131)|1,254,786|
||Net movement|in funds, included||in the above are as follows:||||
|||||Incoming|Resources|Gains and|Movement|
|||||resources|expended|losses|in funds|
||Unrestricted|funds||||||
||General fund|||128,317|(106,822)|(50,626)|(29,131)|
||TOTAL FUNDS|||128,317|{106,822)|(50,626)|{29,131)|
||Comparatives|for movement|in|funds||||
|||||||Net||
|||||||movement|At|
||||||At 1.4.21|in funds|31.3.22|
||Unrestricted|funds||||||
||General fund||||1,280,372|3,545|1,283,917|
||TOTAL FUNDS||||1,280,372|3,545|1,283,917|
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|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||110,079|(99,245)|(7,289)|3,545|
|TOTAL FUNDS||110,079|(99,245)|(7,289)|3,545|
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.4.21|in funds|31.3.23|
|Unrestricted|funds||||
|General fund||1,280,372|(25,586)|1,254,786|
|TOTAL FUNDS||1,280,372|(25,586)|1,254,786|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||238,396|(206,067)|(57,915)|(25,586)|
|TOTAL FUNDS||238,396|(206,067)|(57,915)|(25,586)|
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|HAVERING CHRISTIAN FELLOWSHIP TRUST
T/A PULSE|HAVERING CHRISTIAN FELLOWSHIP TRUST
T/A PULSE||
|---|---|---|
|DETAILED STATEMENT OF FINANCIAL ACTIVITIES|||
||FOR THK YEAR ENDED 31MARCH 2023||
||2023|2022|
|INCOME AND ENDOWMENTS|||
|Donations
and legacies|||
|Tithes and offerings|107,077|88,969|
|Recovered tax|20,631|19,521|
||127,708|108,490|
|Investment
income|||
|Rents received|500|1,584|
|Deposit account interest|109|5|
||609|1,589|
|Total incoming
resources|128,317|110,079|
|EXPENDITURE|||
|Charitable
activities|||
|Trustees' salaries|31,025|30,500|
|Trustees' pensions paid|1,500|1,500|
|Wages|33,496|38,461|
|Rates and water|464|63|
|Insurance|2,590|2,688|
|Light and heat|3,496|1,892|
|Postage and stationery|225|306|
|Sundries|8,179|858|
|Ministry
expenses|755|460|
|Events and projects|855|664|
|Ministry
gifts|4,973|8,819|
|Ministry
subscriptions|6,125|5,505|
|Training
and conferences|2,531|958|
|Refreshments|553|81|
|Repairs and renewals|7,272|2,492|
|Computer
equipment|683|853|
||104,722|96,100|
|Support costs|||
|Governance
costs|||
|Accountancy|2,100|2,340|
|Carried forward|2,100|2,340|
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|||2023|2022|
|---|---|---|---|
|Governance|costs|||
|Brought forward||2,100|2,340|
|Professional|fees||805|
|||2,100|3,145|
|Total resources expended||106,822|99,245|
|Net income||21,495|10,834|