OpenCharities

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2022-03-31-accounts

(incorporating thecompany's income&expe nditur e account)
2022 202L
Note
lncomingResources E E g
Fromgeneratedfunds
Voluntaryincome 32,728 47,472
Activitiesforgeneratingfunds 57,7O5 L4,L35
Grants 6,679 50,857
lnvestmentincome 25 7t
Fromcharitable activities
Salesof Christianliterature,etc. t6,424 8,483
Total incomingresources -1ffi2- 121,019
Resourcesexpended
CostofGeneratinsFunds
Costsofgeneratingvoluntaryincome
Fundraisingtrading:costof goodssold,etc. 13,74L 3,769
L3,74L 3,769
CharitableActivitiesExpenditure 2 119,469 86,335
TotalResources Expended l3z,2o9 90,104
Net Movement ofResourcesintheYear (18,552) 30,915
GeneralFundbroughtforward 65,162 34,247
GeneralFundcarriedforward 46,5!O 65,162

BALANCESHEETAS AT31MARCH2 022
Note 7 2022
I
g 2021
g
FIXED ASSETS
TangibleAssets 5 L0,480 13,943
CURRENTASSETS
Stock 25,803 24,3L7
Debtors 8,230 9,298
CashatBank&inhand 15,532 25,402
49,565 59,017
CREDITORS:
Duewithinoneyear 5 13,535 7,798
36,030 51",219
NET ASSETS 46,510 65,L62
Financed by:
RESERVES
Accumulated lncomeFund 46,510 65,L62

2022 zozt
g
Cashflowsfromoperating activities:
Netincome/(expenditure) for theyear (18,652) 30,915
Adjustmentsfor:
Depreciationcharges 5,445 5,158
Loss/(profitlonsaleof fixedassets
lnterest (2s) {7Ll
(lncrease)/decreasein stocks (1,486) 687
(lncrease)/decrease in debtors 1,068 (4,509)
lncrease/{decrease)increditors 5,737 (6,7L2)
Net cashprovided by/(used in) operating activities (7,913) 25,468
Cashflowsfrominvestingactiyities:
Dividends,interestand rents 25 71,
Proceedsfromsaleofproperty,plant &equipment
Purchaseofproperty,plantandequipment (1,982) (10,213)
(1,957) (10,L42|
Changeincash&cashequivalentsinthe year (9,870) L5,326
Cash&cashequivalents atthe startof theyear 25,402 10,076
Cash&cashequivalents attheendoftheyear 15,532 25,402

NOTESTO THE ACCOUNTSFORTHE YEAR ENDED31MA RCH2022{cont.}
2.CharitableActivitiesExpenditure 2022
E
2021.
I
Core costs
PurchasesofChristianbooks,etc. L3,3L4 6,429
Wages&Salaries 67,32O 54,550
Musiclicence 296 289
80,930 6L,278
SupportCosts
Rent,Rates&Services 16,501 9,351
Light,Heat&Water
Cleaning&Refusecollection
3,243
2,226
1,782
74L
RepairsandRenewals 4,43t 2,744
lnsurance 615 722
Depreciation 5,445 5,158
32,462 20,458
Admi nistration.EXpenses
Telephone 764 690
Postage& Stationery 1,096 742
Bank Charges 753 821
Book-keeping ,,r784 1,544
lndependent examination 375 355
Miscellaneous 304 447
5,076 4,599
Total Charitable Expenditure 118,468 86,335
3.Net Movement ofResources
Thisisstatedaftercharging:-
Depreciation 5,445 5,158
lndependentExaminer's Remuneration 350 355
Director's Remuneration
4.Wages&Salaries
Gross salaries 52,150 54,033
Employers'NlC 5,150 573
Trainingcosts (46)
67,32O 54,560

NOTESTO THE ACCOUNTSFORTHE YEAR END ED31MARCH2022(Cont.) ED31MARCH2022(Cont.)
5.TangibleFixed Assets lmprovementstoFurniture&
LeaseholdPropertvEquipment Total
Costor Valuation
AtlApril2021
45,875 36,L70 82,O45
Additions - !,982 1_,982
Disposals
At31 March2022 45,875 38,152 84,027
Depreciation
At1.April2020 35,595 32,507 68,1O2
Disposals 3,192 2,253 5,445
Chargefor theYear
At31 March2021 38,787 34,760 73,547
NetBookValue 31March2022 7,098 3,392 10,480
NetBookValue 31 March2021 10,280 3,663 !3,943
All ofthefixedassets are usedfor directcharitablepurposes.
2A22 202L
L
6.Creditors:AmountsdueWithinOne Year.
Trade creditors&accruals 1L,776 7,539
OtherTaxesandSocialSecurity t,759 2s9
13,535 7,798