| Page | |||
|---|---|---|---|
| Trustees' report |
1-3 | ||
| Statement of trustees' |
responsibilites | ||
| Independent examiner's |
report | ||
| Statement of financial |
activities | ||
| Balance sheet | |||
| Notes to the financial | statements | 8-15 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | 2022 | 2021 | |||
| Notes | E | E | E | E | ||
| INCOME | ||||||
| Donations and legacies |
80,839 | 9,165 | 90,004 | 101,367 | ||
| Charitable activities |
11,783 | 11,783 | 9,552 | |||
| Total income | 92,622 | 9,165 | 101,787 | 110,919 | ||
| EXPENDITURE | ||||||
| Charitable activities |
79,036 | 8,564 | 87,600 | 83,989 | ||
| Interest payable | 1,508 | 1,508 | 1,708 | |||
| TOTAL RESOURCES EXPENDED | 80,544 | 8,564 | 89,108 | 85,697 | ||
| NET INCOME FOR THE YEAR | 12,078 | 601 | 12,679 | 25,222 | ||
| TRANSFERS | (462) | 462 | ||||
| NET MOVEMENT | IN FUNDS | 11,616 | 1,063 | 12,679 | 25,222 | |
| FUND BALANCES | AT 1 JANUARY 2022 | 146,546 | 5,351 | 151,897 | 126,675 | |
| FUND BALANCES | AT 31 DECEMBER 2022 | 158,162 | 6,414 | 164,576 | 151,897 |
| 2 | DONATIONS | AND LEGACIES | AND LEGACIES | Unrestricted | Restricted | Total | Total |
|---|---|---|---|---|---|---|---|
| funds | funds | 2022 | 2021 | ||||
| E | E | E | E | ||||
| Donations and gifts |
80,839 | 9,165 | 90,004 | 101,367 | |||
| 3 | CHARITABLE ACTIVITIES | Unrestricted | Restricted | Total | Total | ||
| funds | funds | 2022 | 2021 | ||||
| E | E | E | E | ||||
| Staff costs (see note 6) | 41,256 | 41,256 | 30,071 | ||||
| Depreciation | and impairment | 8,032 | 8,032 | 8,828 | |||
| Manse allowances | (88) | (88) | 17,767 | ||||
| Ministry | 1,650 | 1,650 | 1,352 | ||||
| Worship and |
outreach | 6,863 | 6,863 | 3,899 | |||
| Office overheads | 19,670 | 19,670 | 10,679 | ||||
| Accountancy | and independent | examination | 1,526 | 1,526 | 1,560 | ||
| 78,909 | 78,909 | 74,156 | |||||
| Grant funding | (see note 4) | 127 | 8,564 | 8,691 | 9,833 | ||
| 79,036 | 8,564 | 87,600 | 83,989 | ||||
| 4 | GRANTS PAYABLE | Total | Total | ||||
| 2022 | 2021 | ||||||
| E | E | ||||||
| Grants to institutions: | |||||||
| Above Bar Church (Refugees) | 200 | ||||||
| Bethesda | 8,114 | 7,892 | |||||
| 8,314 | 7,892 | ||||||
| Grants to individuals | 377 | 1,941 | |||||
| 8,691 | 9,833 |
| EMPLOYEES | EMPLOYEES | |||||
|---|---|---|---|---|---|---|
| Number ofemployees | ||||||
| The average | monthly | number ofemployees | during | the year was: | ||
| 2022 | 2021 | |||||
| Number | Number | |||||
| Pastors | 3 | 2 | ||||
| Administration | 1 | 1 | ||||
| Employment costs |
2022 | 2021 | ||||
| E | E | |||||
| Wages and salaries | 39,292 | 27,625 | ||||
| Social security costs | ||||||
| Other pension | costs | 1,964 | 2,446 | |||
| 41,256 | 30,071 |
| 8 | TANGIBLE ASSETS | Land and | Plant and | Total |
|---|---|---|---|---|
| buildings | Machinery | |||
| E | E | |||
| COST OR VALUATION | ||||
| At beginning of year |
183,000 | 26,790 | 209,790 | |
| Additions | 1,597 | 1,597 | ||
| Disposals | (5,656) | (5,656) | ||
| At end of year | 183,000 | 22,731 | 205,731 | |
| DEPRECIATION AND IMPAIRMENT |
||||
| At beginning of year |
29,280 | 26,610 | 55,890 | |
| Charge for year | 7,320 | 712 | 8,032 | |
| Disposals | (5,656) | (5,656) | ||
| At end of year | 36,600 | 21,666 | 58,266 | |
| NET BOOK VALUE | ||||
| At beginning of year |
153,720 | 180 | 153,900 | |
| At end of year | 146,400 | 1,065 | 147,465 |
| 9 | DEBTORS:amounts | DEBTORS:amounts | DEBTORS:amounts | falling due within one year | falling due within one year | 2022 | 2021 |
|---|---|---|---|---|---|---|---|
| Gift aid | debtor | 3,362 | 9,528 | ||||
| Prepayments | and accrued income | 597 | 508 | ||||
| 3,959 | 10,036 | ||||||
| 10 | CREDITORS: amounts | falling due within one year | |||||
| 2022f | 2021 E |
||||||
| Loan | 7,387 | 7,182 | |||||
| Other taxation | and social security | 453 | |||||
| Accruals | and | deferred | income | 2,967 | 3,485 | ||
| 10,354 | 11,120 | ||||||
| 11 | CREDITORS: amounts | falling due after one year | |||||
| 2022 | 2021 | ||||||
| E | |||||||
| Loan | 38,067 | 45,455 |
| Movement | in funds | ||||||
|---|---|---|---|---|---|---|---|
| Balance at | Transfers | Balance at | |||||
| 1 January | between | 31 December | |||||
| 2022 | Income | Expenditure | funds | 2022 | |||
| f. | f | ||||||
| Bethesda | Mission Fund | 7,652 | (8,114) | 462 | |||
| Joy Fund | 1,309 | 1,309 | |||||
| Bags of Mercy | 3,842 | 1,513 | (250) | 5,105 | |||
| Refugees | Fund | 200 | (200) | ||||
| 5,351 | 9,165 | (8,564) | 462 | 6,414 |
| Balance at | Transfers | Balance at | ||||||
|---|---|---|---|---|---|---|---|---|
| 1 January | between | 31 December | ||||||
| 2022 | Income | Expenditure | funds | 2022 | ||||
| f | f | f | f | f | ||||
| Designated | funds | |||||||
| Property Fund |
65,659 | (7,141) | 8,691 | 67,209 | ||||
| Revaluation | Reserve | 35,424 | (1,687) | 33,737 | ||||
| Total designated | funds | 101,083 | (8,828) | 8,691 | 100,946 | |||
| General funds | 45,463 | 92,622 | (71,716) | (9,153) | 57,216 | |||
| Total funds | 146,546 | 92,622 | (80,544) | (462) | 158,162 | |||
| ANALYSIS | OF NET ASSETS BETWEEN FUNDS | |||||||
| Fund balances as | at 31 December 2022 are represented | by: | ||||||
| Unrestricted | Restricted | Total | ||||||
| funds | funds | 2022 | ||||||
| f | f | |||||||
| Tangible assets | 147,465 | 147,465 | ||||||
| Net current | assets | 48,764 | 6,414 | 55,178 | ||||
| Long term liabilities | (38,067) | (38,067) | ||||||
| 158, 62 | 6,414 | 164,576 | ||||||
| Fund balances as | at 31 December 2021 are represented | by: | ||||||
| Unrestricted | Restricted | Total | ||||||
| funds | funds | 2021 | ||||||
| E | E | E | ||||||
| Tangible assets | 153,900 | 153,900 | ||||||
| Net current | assets/(liabilities) | 38,101 | 5,351 | 43,452 | ||||
| Long term liabilities | (45,455) | (45,455) | ||||||
| 46,5 6 | 5,351 | 5,897 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | 2021 | |||
| L | E | ||||
| INCOME | |||||
| Donations and legacies |
92,818 | 8,549 | 101,367 | ||
| Charitable activities |
6,976 | 2,576 | 9,552 | ||
| TOTAL INCOME | 99,794 | 11,125 | 110,919 | ||
| EXPENDITURE | |||||
| Charitable activities |
73,025 | 10,964 | 83,989 | ||
| Interest payable | 1,708 | 1,708 | |||
| TOTAL RESOURCES EXPENDED | 74,733 | 10,964 | 85,697 | ||
| NET INCOME/(EXPENDITURE) | FOR THE YEAR | 25,061 | 161 | 25,222 | |
| TRANSFERS | (461) | 461 | |||
| NET MOVEMENT | IN FUNDS | 24,600 | 622 | 25,222 | |
| FUND BALANCES | AT 1 JANUARY 2021 | 121,946 | 4,729 | 126,675 | |
| FUND BALANCES | AT 31 DECEMBER 2020 | 146,546 | 5,351 | 151,897 |
| Restricte | d | funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Prior year | comparative movement |
in funds | ||||||||
| Balance at | Transfers | Balance at | ||||||||
| 1 January | between | 31 December | ||||||||
| 2021 | Income | Expenditure | funds | 2021 | ||||||
| E | E | E | E | E | ||||||
| Bethesda | Mission | Fund | 7,431 | (7,892) | 461 | |||||
| Joy Fund | 1,309 | 1,309 | ||||||||
| Bags of Mercy | 3,220 | 1,118 | (496) | 3,842 | ||||||
| Refugees | Fund | 200 | 200 | |||||||
| Coronavirus | Job Retention | Scheme Grant | 2,576 | (2,576) | ||||||
| 4,729 | 11,125 | (10,964) | 461 | 5,351 | ||||||
| Unrestricted | funds | |||||||||
| Prior year | comparative movement |
in funds | ||||||||
| Balance at | Transfers | Balance at | ||||||||
| 1 January | between | 31 December | ||||||||
| 2021 | funds | 2021 | ||||||||
| E | E | |||||||||
| Designated | funds | |||||||||
| Property | Fund | 64,309 | (7,341) | 8,691 | 65,659 | |||||
| Revaluation | Reserve | 37,111 | (1,687) | 35,424 | ||||||
| Total designated | funds | 101,420 | (9,028) | 8,691 | 101,083 | |||||
| General funds | 20,526 | 99,794 | (65,705) | (9,152) | 45,463 | |||||
| Total funds | 121,946 | 99,794 | (74,733) | (461) | 146,546 |