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2022-12-31-accounts

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
Dec 2022 Dec2021
Incoming Resources
Incoming resources from generated funds:
Voluntary
income:
Offerings (see note 3) 331,431 332,883
Activities for generating funds:
Church week away 12,188 11,172
Mainly music income 3,451 2,011
Alpha retreat income 800
Rental income 1,800 1,545
Income from use ofComputer System 4,617
Total Incoming Resources 353,487 348,411

year ended year ended
Dec 2022 Dec 2021
Resources Expended
Cost ofgenerating funds:
Leasehold rent 25,615 25,719
Heat and light 6,815 7,800
Water Rates 95 82
Storage 2 025 1 800
34,550 35,401
Charitable
Activities:
Christmas
Event
Costs 2,931 5,280
Advertising
and
promotion 349 1,604
Depreciation 26,464 27,621
Church week away 38,189 22,903
Loan interest (stewardship loan) 205 1,173
Bank Charges 428 116
Stationery
and resources
1,710 1,629
Building utilities and consumables 17,703 33,895
Evangelism
events
14,360 24,858
Mainly Music 3,054 2,336
Telephone
and internet
1,385 1,351
X2/Youth/Sunday School costs 850 600
Web site costs 982 793
Miscellaneous
Expenses
1,586 2,860
Genexis costs 6,285 76,005
Leadership
development
program 7,761 1,593
JChurch accommodation charges 15@95
Profit on disposal offixed assets ~3906
139,537 200,711
Governance
costs:
Independent
examiners
fee and
bookkeeping 2,798 2,578
Insurance 1,607 1,518
Subscriptions 782 663
Gifts 4,489
Legal fees 516 2,579
Training 1,609 1,197
Wages
8~,NI
106595 111228
118,396 119,763
TOTAL RESOURCES EXPENDED 292483 355875

year ended year ended
Dec2022 Dec2021
TOTAL INCOMING RESOURCES 353,487 348,411
TOTAL RESOURCES EXPENDED 292483 355 875
NET MOVEMENTS IN FUNDS 61,004 (7,464)
FUNDS BROUGHT FORWARD 39217 46 681
FUNDS CARRIED FORWARD 100221 39217

2022 2021
Fixed Assets
Equipment
(see note
4) 18,472 23,092
Leasehold improvements (see note 4) 12,307 34,151
30,779 57,243
Current Assets
Current accounts and Cash 68,673 14,848
Debtors and Prepayments 6,503 5,185
75,176 20,033
Creditors:
due within one year
Creditors and Accruals (5,734) (21,323)
Net Current Assets 69,442 (1,290)
Creditors:
due after more than one year
Stewardship
loan
(16,736)
Total Net Assets 100,221 39,217
Represented By:
General Fund
Brought forward 39,217 46,681
(Deficit)/Surplus for year 61,004 (7,464)
100,221 39,217
T
ee: Neil Lee
Date:
26 September 2023

Offerings
year ended year ended
Dec2022 Dec2021
Leamington offerings 253,438 187,076
Genexis Income 17,115 85,145
Gift Aid tax refund 60,878 60,662
331,431 332,883

Tangible Fix ed Assets
Leasehold
Improvements Equipment
Cost
At 1 January 2022 327,662 87,376
Additions
Disposals
327,662 87,376
At 31December 2022
Depreciation
At 1 January 2022 293,511 64,284
Depreciation for the period 21,844 4,620
Depreciation eliminated on disposal
At 31December 2022 315,355 68,904
Net BookValue
At 31December 2022 12,307 18,472
At 31December 2021 34,151 23,092

year ended year ended
Dec2022 Dec 2021
Due over 5 years 5,000 5,000