2023-09-30-accounts

		Page
Trust Information
Trustees' Report
Statement ofTrustees'	Responsibilities
Indpendent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial	Statements	10

			Unrestricted *	Restricted	Total	Total
		Notes	funds	funds	2023	2022
INCOMING RESOURCES
Donations &legacies			19,170	15,641	34,811	81,609
Activities in furtherance ofthe
charity's objectives			55,945	9,500	65,445	70,612
Investment Income			120,000		120,000	78,500
Other incoming resources			1,520		1,520	1,908
Total Income			196,635	25,141	221,776	232,629
RESOURCES EXPENDED
Cost ofgenerating funds
Fundraising and publicity
Charitable expenditure
Costs ofactivities in furtherance	ofthe
charity's objects:
Staffcosts			171,756	7,099	178,855	139,824
Grants to Megacentre	activities
Donations			7,041	30,593	37,634	20,743
Management and administration			5,690	0	5,690	6,219
Support Costs			627	7,670	8,297	10,183
Total resources expended			185,114	45,362	230,476	176,969
Net incoming resources before	transfers		11,521	(20,221)	(8,700)	55,660
Transfers between funds			(3,769)	3,769
Net incoming resources / (resources expended)
before other recognised gains and losses			7,752	(16,452)	(8,700)	55,660
Loss on revaluation ofFixed Asset Investment		10
Net movement in funds			7,752	(16,452)	(8,700)	55,660
Fund balances at 1 October 2022			1,290,049	47,808	1,337,857	1,282,197
Fund balances at 30September 2023			1,297,801	31,356	1,329,157	1,337,857

			Balance Sheet
		as at	30September	2023
				2023			2022
		Notes
Fixed assets
Tangible assets		9			880,000			880,000
Investments		10			265,000			265,000
					1,145,000			1,145,000
Current assets
Debtors			57,308			56,863
Cash at Bank and in	hand		128,139			137,164
			185,447			194,027
Creditors Amounts falling due	within one year	12	~(1,290
Net current assets					184,157			192,857
Total assets less current liabilities					1,329,157			1,337,857
Creditors: amounts	falling due after
more than one year
Net assets					1,329,157			1,337,857
Income funds
Unrestricted Funds		13			1,297,801			1,290,049
Restricted Funds		13			31,356			47,808
					K1,329,157			61,337,857

1	Accounting policies
1.1	Basis ofpreparation ofaccounts
	The financial statements have been prepared under the historical cost convention and applicable
	accounting standards. They have been prepared in accordance with Accounting and Reporting	by
	Charities:statement ofRecommended Practice applicable to charities preparing their accounts in
	accordance with the Financial Reporting Standard applicable in the UK and Republic ofIreland
	(FRS 102)(effective 1 January 2015) - (Charities SORP (FRS 102))and the Financial Reporting
	Standard applicable in the UK and Republic ofIreland (FRS 102)and the Charities Act 2011.
	Active Christian Trust meets the definition ofa public benefit entity under FRS 102.
1.2	Going Concern
	The trustees consider that there are no material incertainties about the Trust's ability to continue
	as a going concern.
1.3	Cash Flow
	The financial statements do not include acash flow statement because the charity, as a small
	reporting entity, is exempt fiom the requirements to prepare such a statement.
1.4	Incoming resources
	Income represents the total amount receivable by the charity f'rom all sources including Income
	Tax repayments.
1.5	Resources expended
	Resources expended are included in the Statement ofFinancial Activities on an accruals basis,
	inclusive ofany VAT which cannot be recovered.
	Expenditure which is directly attributable to specific activities has been included in these cost
	categories. Where costs are attributable to more than one activity, they have been apportioned
	across the cost categories on abasis consistent with the use ofthese resources.
1.6	Tangible fixed assets and depreciation
	The valuation ofthe fieehold property is based on aprofessional valuation which was last updated
	on 11June 2008, and the current balance sheet value is based on this valuation.
	No depreciation has been provided on the fi.eehold property on the basis that it is not material.	The
	trustees are regularly upgrading the property and expending funds on repairs to maintain the structure
	ofthe property and for this reason the residual value is being maintained. For this reason any
	depreciation which would be charged is not material.
1.7	Investments

					fo	r t	he	year end	ed 30September 202	3
2	Donations and legacies										2023	2022
	Donations and gifts										34,811	81,609
3	Activities in furtherance		ofthe		charity's			activities			2023	2022
	Grants receivable for charitable			activities							65,445	70,612
4	Investment income										2023	2022
	Rental income										120,000	78,500
											120,000	78,500
5	Other incoming resources										2023	2022
	Gift Aid repayments										1,520	1,900
	Sundry income											8
											1,520	1,908
									Staff	Other
6	Total resources expended								costs	costs	2023	2022
	Charitable expenditure:
	Mortgage interest
	Staff costs								178,855		178,855	139,824
	Grants to Megacentre	activities
	Donations									37,634	37,634	20,743
	Fund raising costs
	Management and administration									5,690	5,690	6,219
	Support Costs									8,297	8,297	10,183
									178,855	51,621	230,476	176,969
7	Trustees
	During the year there are no payments					made		to the Trustees ofthe charity.
8	Employees
	Number ofemployees
	The average number ofemployees				analysed			by function, were:-			2023	2022
											Number	Number
	Youth work, management		k, Administration
	There were no employees		whose		annual		emoluments		were f50,000 or more.

Tangible fixed assets
	Land and
	Buildings
Cost
At 1 October 2022	880,000
Additions
Disposals
Revaluation
At 30 September 2023	880,000
Depreciation
At 1 October 2022
Charge for year
Disposals
At 30September 2023
Net book value
At 30 September 2023	880,000
At 30 September 2022	880,000

10	Fixed asset investments
	Cost/valuation at 1 October 2022						265,000
	Diminution in value
	Cost/valuation at 30September 2023						265 000
	Holdings ofmore than 10%
	The charity holds more than 10%ofthe	share	capital ofthe following	companies:
			Country ofregistration
	Company		or incorporation		Class
	Subsidiary undertakings
	The Megacentre Rayleigh Ltd		United Kingdom		Ordinary		100
	The aggregate amount ofcapital and reserves		and the results ofthese	undertakings	for the last relevant
	financial year were as follows:
					Capital and	Profit/(Loss) for
					reserves	the year
							E
	The Megacentre Rayleigh Ltd				92,784		35,027
	The fixed asset investment was written	down	byf600,000 in 2016, in order to reflect a fairer representation				of
	its value given the historical trading losses and balance sheet values ofThe Megacentre Rayleigh					Ltd.

11	Debtors							2023	2022
	Amounts	owed by group undertaking						56,863	56,863
	Gift Aid	Debtor						445
								57,308	56,863
12	Creditors: amounts			falling due within one year				2023	2022
	Accruals	and deferred		income				1,290	1,170
								1,290	1,170
3	Analysis	ofnet assets between			funds
						Unrestricted	Designated	Restricted
						Fund	Fund	Fund	Total
	Tangible	fixed assets					880,000		880,000
	Investments						265,000		265,000
	Current assets					152,229	1,862	31,356	185,447
	Creditors: amounts		falling due within one year			(1,290)			(1,290)
						150,939	1,146,862	31,356	1,329,157