OpenCharities

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2023-03-31-accounts

2023 2022
Note
lncomingResources g E E
From_generatedfunds
Voluntary income ?4,937 32,728
Activitiesforgenerating funds 81,920 57,705
Grants 6,679
lnvestment income L28 25
Fromcharitable activities
Salesof Christianliterature,etc 20,55L 16,420
Totalincomingresources 137,536 113,557
Resourcesexpended
Costof GeneratinsFunds
Costsof generating voluntary income
Fundraisingtrading:costofgoods sold, etc. 21,766 13,74L
21,766 13,741-
CharitableActivitiesExpenditure 2 120,644 L18,468
TotalResourcesExpended L42,37O L32,209
NetMovement ofResourcesintheYear (4,834) (18,652)
GeneralFundbroughtforward 45,510 65,1.62
GeneralFundcarriedforward 4L,676 46,510

BATANCESHEETASAT31 MARCH 2023
Note 2023 20?2
E g
FIXEDASSETS
TangibleAssets 5 8,378 1.0,480
CURRENT ASSETS
Stock 20,7O7 25,843
Debtors 7,222 8,230
CashatBank& inhand 20,103 15,532
48,O32 49,565
CREDITORS:
Duewithinoneyear 5 1,4,734 1"3,535
33,298 36,030
NETASSETS 4L,676 45,510
Financedby:
RESERVES
Accumulated lncomeFund 4L,675 46,510

2023 2022
f_
Cashflowsfromoperatingactivities:
Net income/{expenditure) fortheyear (4,834) (18,652)
Adjustmentsfor:
Depreciatiorr charges 5,370 5,445
LossI(profit)onsaleoffixedassets
lnterest (128) t2sl
(lncrease)/decrease in stocks 5,096 (1,486)
(Increase)/decrease indebtors 1,008 1,068
Increase/(decrease) increditors 1,,199 5,737
Netcashprovided by/{used in) operating activities 7,7LL (7,913)
Cashflowsfrominvestingactivlties:
Dividends,interestandrents 728 25
Proceedsfromsaleofproperty,plant & equipment
Purchaseofproperty,plantandequipment (3,268) (1,982)
(3,740) -Eil
Changeincash&cashequivalentsintheyear 4,57L (9,870)
Cash&cashequivalentsatthe start of theyear 15,532 25,402
Cash&cashequivalents attheendoftheyear 20,L03 15,532

NOTESTOTHEACCOUNTSFOR THE YEARENDED31 MA RCH 2023(cont.)
2.CharitableActivitiesExpenditure 2023
E
2022
I
Core costs
Purchasesof Christianbooks,etc L6,429 t3,31"4
Wages&Salaries 70,BLt 67,32O
Musiclicence 72 296
87,3L2 80,930
SupportCosts
Rent,Rates&Services t2,824 16,501
Light, Heat&Water 3,954 3,243
Cleaning&Refusecollection 2,691 ?,226
Repairs and Renewals 3,t64 4,431
lnsurance 672 616
Depreciation 5,370 5,445
28,665 32,462
AdministrationExpenses
Telephone 7to 764
Postage& Stationery 997 l_,096
Bank Charges 789 7s3
Book-keeping 1,376 t,784
Independent examination 400 375
Miscellaneous 355 304
4,627 5,O76
Total Charitable Expenditure 120,644 118,468
3.NetMovement ofResources
Thisisstatedaftercharging:-
Depreciation 5,370 5,445
lndependentExaminer'sRemuneration 400 375
Director'sRemuneration
4.Wages&Salaries
Grosssalaries 70,AL4 62,L6A
Employers'NlC 749 5,160
Trainingcosts 48
70,811 67,320

NOTESTOTHEACCOUNTSFOR THEYEAR END ED31 MARCH 2023(Cont.) ED31 MARCH 2023(Cont.)
5.TangibleFixed Assets lmprovementstoFurniture &
LeaseholdPropertvEquipment Total
CostgrValuatiqn
AtlApril2022
45,875 38,152 84,027
Additions 3,268 3,268
Disposals
At 31 March2023
49,L43 38,152 87,295
Deprqciation
AtlApril2022
38,787 34,760 73,547
Disposals 3,225 2,145 5,37O
ChargefortheYear
At 31 March2023 42,0L2 36,905 78,9L7
NetBook Value31 March2023 7,L3t 1,247 8,378
NetBook Value31 March2022 7,088
3,392
10,480
All ofthefixedassetsare usedfordirect charitablepurposes.
2023 2022
E E
6.Creditors: AmountsdueWithinOne Year
Tradecreditors&accruals 10,358 LL,776
OtherTaxesandSocialSecurity 4,376 1,759
L4,7t4 13,535

Registerednumber:
BalanceSheet
asat31March2023
30 60710
Notes 2023 2022
g L
Fixed assets
Tangible assets J 8,378 10,480
Gurrent assets
Stocks 20,747 25,803
Debtors 4 7,222 8,230
Cash at bank andin hand 2A 103 15,532
48,032 49,565
Creditors: amountsfallingdue
withinoneyear
5 (14,734) (13,535)
Netcurrentassets 33,298 36,030
Netassets 41,676 46,510
Capitalandreserves
Profit and loss account
41,676 46,510
$hareholders'fulnds 41,676 46,510

2 Em'rp{ayees 2023 2022
Number Number
Averagenumberofpersonsemployedbythe company 3 J

for
3

theyearended31March2023
Tangible fixed assets
Plantand
Landand machinery
buildingst etc
g
Tota!
Gost
At1April2022 45,875 38,152 84,427
Additions 3,268 3,268
At31 March 2023 4na
49
38,152 87,295
Eepreciation
At1April2022 38,787 34,760 73,547
Charge for the year 3,225 2,145 5,370
At31 March 2023 42,012 36,905 78,917
Netbook value
At31f\4arch2023 7,131 1,247 8,378
At3'1[\4arch 2022 7,088 3,392 10,480
4 Debtors IUZJ 2822
fi +
Trade debtors --7,222 8,230
5 Creditors: amountsfallingduewithinoneyear 2823
L
2022
f
Trade creditors 14,734 13,535