| Page | ||
|---|---|---|
| Legal and Administrative | Information | |
| Annual Report | 2-5 | |
| Independent Examination |
6-7 | |
| Statement ofFinancial Activities | 8-10 | |
| Balance Sheet | ||
| Notes to the Accounts | 12-16 |
| year ended | year ended | |||
|---|---|---|---|---|
| Dec2021 | Dec2020 | |||
| Incoming Resources | ||||
| Incoming resources from | generated | funds: | ||
| Voluntary income: |
||||
| Offerings (see note 3) | 332,883 | 223,351 | ||
| Activities for generating | funds: | |||
| Church week away | 11,172 | 8,965 | ||
| Mainly music income | 2,011 | 856 | ||
| Alpha retreat income | 800 | |||
| Rental income | 1545 | 163 | ||
| Total Incoming Resources | 348,411 | 233,335 |
| year | ended | year | ended | |||||
|---|---|---|---|---|---|---|---|---|
| Dec | 2021 | Dec | 2020 | |||||
| Resources Expended | ||||||||
| Cost ofgenerating | funds: | |||||||
| Leasehold rent | 25,719 | 14,033 | ||||||
| Heat and light | 7,800 | 6,979 | ||||||
| Water Rates | 82 | 22 | ||||||
| Storage | 1800 | 1 620 | ||||||
| 35,401 | 22,654 | |||||||
| Charitable Activities: |
||||||||
| Christmas Event |
Costs | 5,280 | 7,252 | |||||
| Advertising and |
promotion | 1,604 | 6,388 | |||||
| Depreciation | 27,621 | 29,585 | ||||||
| Church week away | 22,903 | 34,266 | ||||||
| Loan interest (stewardship | loan) | 1,173 | 2,166 | |||||
| Bank Charges | 116 | 69 | ||||||
| Stationery and |
resources | 1,629 | 1,303 | |||||
| Building utilities | and consumables | 33,895 | 19,487 | |||||
| Evangelism events |
24,858 | 5,487 | ||||||
| Mainly Music | 2,336 | 1,577 | ||||||
| Telephone and |
internet | 1,351 | 1,360 | |||||
| X2/Youth/Sunday | School | costs | 600 | 600 | ||||
| Web site costs | 793 | 771 | ||||||
| Miscellaneous | Expenses | 2,860 | 2,581 | |||||
| Genexis costs | 76,005 | 38,646 | ||||||
| Leadership development |
program | 1593 | 7,885 | |||||
| Profit on disposal | offixed | assets | ~3906 | |||||
| 200,711 | 159,423 | |||||||
| Governance costs: |
||||||||
| Independent examiners |
fee and | |||||||
| bookkeeping | 2,578 | 2,324 | ||||||
| Insurance | 1,104 | 1,059 | ||||||
| Subscriptions | 663 | 580 | ||||||
| Life insurance | 414 | 414 | ||||||
| Donation | 500 | |||||||
| Legal fees | 2,579 | 1,190 | ||||||
| Training | 1,197 | |||||||
| Wages &NI | 111228 | 64616 | ||||||
| 119,763 | 70,683 | |||||||
| TOTALRESO | U | RCES | E | XPENDED | 355875 | 252 760 |
| year ended | year ended | |
|---|---|---|
| Dec2021 | Dec2020 | |
| TOTALINCOMINGRESOURCES | 348,411 | 233,335 |
| TOTAL RESOURCES EXPENDED | 355 875 | 252 760 |
| NET MOVEMENTS IN FUNDS | (7,464) | (19,425) |
| FUNDS BROUGHT FORWARD | 46 681 | 68 106 |
| FUNDS CARRIED FORWARD | ~U |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Fixed Assets | ||||
| Equipment (see note 4) Leasehold improvements |
(see note 4) | 23,092 34,151 |
30,963 55,995 |
|
| 57,243 | 86,958 | |||
| Current Assets | ||||
| Current accounts | and | Cash | 14,848 | 9,550 |
| Debtors and Prepayments | 5,185 | 5,991 | ||
| 20,033 | 15,541 | |||
| Creditors: due within |
one year | |||
| Creditors and Accruals |
(21,323) | (12,175) | ||
| Net Current Assets | (1,290) | 3,366 | ||
| Creditors: due after more than one year |
||||
| Stewardship loan |
(16,736) | (43,643) | ||
| Total Net Assets | 39,217 | 46,681 | ||
| Represented By: | ||||
| General Fund | ||||
| Brought forward | 46,681 | 66,106 | ||
| (Deficit)/Surplus | for | year | (7,464) | (19,425) |
| 39,217 | 46,681 | |||
| Trustee: Neil Lee |
||||
| Date: 21 September | 2022 |
| Offerings | |||
|---|---|---|---|
| year ended | year ended | ||
| Dec2021 | Dec 2020 | ||
| Leamington | offerings | 187,076 | 137,803 |
| Genexis Income | 85,145 | 44,275 | |
| Gift Aid tax | refund | 60,662 | 41,273 |
| 332,883 | 223,351 |
| 4. | Tangible Fixed Assets | Leasehold | ||
|---|---|---|---|---|
| Improvements | Equipment | |||
| Cost At 1 January 2021 |
327,662 | 123,883 | ||
| Additions Disposals |
36507 | |||
| 327,662 | 87,376 | |||
| At 31December 2021 | ||||
| Depreciation At 1 January 2021 |
271,667 | 92,920 | ||
| Depreciation for the period |
21,844 | 5,777 | ||
| Depreciation eliminated |
on disposal | (34,413) | ||
| At 31December 2021 | 293,511 | 64,284 | ||
| Net BookValue At 31December 2021 |
34,151 | 23,092 | ||
| At 31December 2020 | 55,995 | 30,963 |
| year ended | year ended | ||||
|---|---|---|---|---|---|
| Dec2021 | Dec2020 | ||||
| Due | over | 5 | years | 5,000 | 5,000 |