| Page | ||
|---|---|---|
| Legal and Admisusttative | Information | |
| Report ofthe Trustees | 2-5 | |
| Auditot's Report |
||
| Statement ofFinancial | activities | |
| Statement ofFinancial | Position | |
| Notes to the accounts | 9-13 | |
| Detailed Statement ofFinancial Activities | 14 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||
| Notes | 2022 | 2021 | ||||
| INCOMING RESOURCES | ||||||
| Incoming Resources from | ||||||
| generated funds |
||||||
| Donations | 102,918 | 102,918 | 112,025 | |||
| Other Income | ||||||
| Other incoming resources |
39 | 17 | ||||
| Profit on disposal offixed asset | 222,973 | |||||
| Total Incoming Resources | 102,957 | 102&957 | 335,015 | |||
| RESOURCES EXPENDED | ||||||
| Resources expended on Charitable |
||||||
| Activities: | ||||||
| Charitable activities costs |
48,687 | 48,687 | 90,637 | |||
| Cost ofgenerating voluntary |
income | 5 | 21,950 | 21,950 | 59,554 | |
| Resources Expended | 70,637 | 70,637 | 150,191 | |||
| Other Resources Expended | ||||||
| Governance costs |
160,422 | 160,422 | 138,300 | |||
| Other support costs |
41,208 | 41,208 | 19,231 | |||
| 201,630 | 201,630 | 157,531 | ||||
| Total Resources Expended | 272&267 | 272&267 | 307&722 | |||
| Net incoming resources for the year |
(169&310) | (169&310) | 27&293 | |||
| RECONCILIATION OF FUNDS |
||||||
| Net movement in funds |
(169,310) | (1G9,310) | 27,293 | |||
| (169,310) | (169,310) | 27,293 | ||||
| Prior year adjustments | (1,010,446) | |||||
| Fund balances brought forward |
1,755,638 | 1,755,638 | 2,738,791 | |||
| Fund balances carried forward | 1,58G,328 | 1,586,328 | 1,755,G38 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||
| Notes | 2022 | 2021 | ||||
| Fixed Assets | ||||||
| Tangible fixed assets |
1,480,000 | 1,480,000 | 1,480,000 | |||
| 1,480&000 | 1,480,000 | 1)480&000 | ||||
| Current Assets | ||||||
| Debtors | 12 | 124,538 | 124,538 | 99,766 | ||
| Investments | 12a | |||||
| Cash at bank and in hand | 376,849 | 376,642 | 322,762 | |||
| 501,387 | 501,180 | 422,528 | ||||
| Creditors: Amounts | falling due | |||||
| within one year | (333,801) | (333,801) | (85,839) | |||
| Net Current Assets | 167,586 | 167,379 | 336,689 | |||
| Creditors: Amounts | falling due | |||||
| after more than one | year | 13a | (61,049) | (61,049) | (61,049) | |
| Net Assets | 1,647,586 | 1&586)328 | 1,755,638 | |||
| Funds | 14 | |||||
| Unrestricted Funds |
1,586,328 | 1,755,639 | ||||
| Restricted Funds | ||||||
| 1,586,328 | 1&755)639 |
| For th | e Year Ended 31 | December 2022 | |||
|---|---|---|---|---|---|
| 2 | Voluntary Income |
31.12.2022 | 31.12.2021 | ||
| Tithes, Offerings and Donations |
89,375 | 98,351 | |||
| Other. income | 13,543 | 13,674 | |||
| 102,918 | 112,025 | ||||
| 3 | Other Incoming Resources | ||||
| 31.12.2022 | 31.12.2021 | ||||
| Bank Interest received | 17 | ||||
| 39 | 17 | ||||
| 3a | Profit on disposal offix asset | ||||
| 31,12,2022 | 31.12.2021 | ||||
| Profit on disposal ofbuilding | 222,973 | ||||
| 222,973 | |||||
| Resources Expended | |||||
| 4 | Charitable activities cost |
31.12.2022 | 31.12.2021 | ||
| Volunteer Expenses |
20,694 | 21,983 | |||
| Travel and subsistence | —Charitable | 507 | 3,383 | ||
| Welfare, funerals and manages |
1,848 | 11,394 | |||
| Radio and TV Ministry | and Publicity | 21,500 | |||
| PI claim settlement | 15,000 | ||||
| Bank charges | 1,853 | 982 | |||
| Cleaning, decoration and security |
8,241 | 30,422 | |||
| Service and church expenses | |||||
| Motor Vehicle expenses | 973 | ||||
| 48,687 | 90,637 | ||||
| 5 | Cost ofgenerating voluntary |
income | 31.12.2022 | 31.12.2021 | |
| Rent and Rates | 2,176 | 5,804 | |||
| Building repairs and maintenance | 2,380 | 29,049 | |||
| Other direct costs | 17,394 | 24,701 | |||
| 21,950 | 59,554 | ||||
| 6 | Governance costs |
31.12.2022 | 31.12.2021 | ||
| Auditors' remuneration |
8,000 | ||||
| Other accountancy fees |
8,000 | 16,000 | |||
| Interim managers fees |
52,104 | 60,740 | |||
| Legal fees | 70,712 | 22,390 | |||
| Other professional and |
legal costs | 29,606 | 31,170 | ||
| 160,422 | 138,300 |
| 31.12.2022 | 31.12.2021 | ||||
|---|---|---|---|---|---|
| 7 | Other support costs | ||||
| Telephone, fax and website expenses |
1,574 | 1,538 | |||
| Printing postage and stationery | 773 | 219 | |||
| Health and sagfety assessment | 1,500 | ||||
| Salary/allowance | 1,950 | ||||
| Equipment and furniture |
expenses | 427 | |||
| Depreciation | |||||
| Environmental charges |
274 | 274 | |||
| Insurance | 7,993 | 352 | |||
| Utilities | 18,570 | 10,780 | |||
| So&vare | 130 | 341 | |||
| Contribution to running |
costs | 9,700 | 3,800 | ||
| 41,208 | 19,231 | ||||
| 8 | NET INCOMING/(OUTGOING) | RESOURCES | |||
| 31.12.2022 | 31.12.2021 | ||||
| Net resources are stated |
after charging/(crediting): | ||||
| Auditors' Remuneration |
|||||
| Depreciation —owned assets |
|||||
| Other accountancy fees |
8,000 | 16,000 | |||
| 8,000 | 16,000 |
| STAFF COSTS | 31.12.2022 | 31.12.2021 |
| Wages and salaries | 1,950 | |
| Social security costs | ||
| 1,950 |
| 11 | Tangible Fixed Assets | Tangible Fixed Assets | |||||
|---|---|---|---|---|---|---|---|
| AU assets relate to the Charity and are used | for charitable | purposes. | |||||
| Land & | Motor | Plant gc | |||||
| Buildings | Vehicles | Machinery | Total | ||||
| Cost | |||||||
| At 1stJanuary 2022 | 1,480,000 | 34,349 | 661,845 | 2,176&194 | |||
| Improvements | |||||||
| Additions | |||||||
| Disposals | |||||||
| At 31stDecember 2022 | 1,480,000 | 34,349 | 661,845 | 2,176,194 | |||
| Depreciation | |||||||
| At 1stJanuary 2022 | 34,349 | 661,845 | 696,194 | ||||
| Charge for the year | |||||||
| At 31stDecember 2022 | 34/49 | 661,845 | 696,194 | ||||
| Net BookValue | |||||||
| At 31stDecember 2022 | 1&480)000 | 1,480,000 | |||||
| At 31stDecember 2021 | 1,480,000 | 1,480,000 | |||||
| 31.12.2022 | 31.12.2021 | ||||||
| 12 | Debtors | ||||||
| Legal claim suspense | 85,049 | 85,049 | |||||
| Other debtors —VAT recoverable |
39,489 | 14,717 | |||||
| 124,538 | 99,766 | ||||||
| 12a | Television and Radio Investments |
||||||
| 31.12.2022 | 31.12.2021 | ||||||
| Investments | |||||||
| 31.12.2022 | 31.12.2021 | ||||||
| 13 | Creditors: Amouots | falling due | |||||
| rvithin one year | |||||||
| Accrued expenses | 16,000 | 8,000 | |||||
| Other creditors | 53,839 | 53,839 | |||||
| Loan from members | 35 | ||||||
| Legal claims payable | —short term | 24,000 | 24,000 | ||||
| Property sales Proceeds account |
239,927 | ||||||
| 333,801 | 85,839 | ||||||
| 13a | Creditors: Amounts | faUing due | |||||
| More than one year | 31.12.2022 | 31.12.2021 | |||||
| Legal claims payable | —Long tenn | 61,049 | |||||
| 61,049 | 61,049 |
| At | At | ||||
|---|---|---|---|---|---|
| 1stJan | Movements | 31stDec | |||
| 2022 | in funds | 2022 | |||
| Unrestricted | fund | 1,755,638 | (169,310) | 1,586,328 | |
| Restricted | funds | ||||
| 1,755,638 | (169&310) | 1,586,328 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Umestricted | funds | 102,957 | 272,267 | (169,310) | |
| Restricted | funds | ||||
| 102,957 | 272,267 | (169,310) |
| For the year ended 31 D | ecember 2022 | ||||
|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | ||||
| INCOMING RESOURCES | |||||
| Tithes, Offerings and Donations |
89375 | 98,351 | |||
| Other income | 13,543 | 13,674 | |||
| Profit on disposal offixed asset | 222,973 | ||||
| Bank Interest received | 39 | 17 | |||
| Total income resources | 102&957 | 335,015 | |||
| RESOURCES EXPENDED | |||||
| Other Charitable activities cost |
|||||
| Volunteer Expenses |
20,694 | 21,983 | |||
| Travel and subsistence | —Charitable | 507 | 3,383 | ||
| Welfare, funerals and marrages |
1,848 | 11,394 | |||
| Radio and TV Ministry | and Publicity | 21,500 | |||
| PI claim settlement | 15,000 | ||||
| Bank charges | 1,853 | 982 | |||
| Cleaning, decoration and |
security | 8,241 | 30,422 | ||
| Service and church expenses | |||||
| Motor Vehicle expenses | 544 | 973 | |||
| 48,687 | 90,637 | ||||
| Cost ofgenerating voluntary |
income | ||||
| Rent and Rates | 2,176 | 5,804 | |||
| Other direct costs | 17,394 | ||||
| Building repairs and maintenance | 2,380 | 29,049 | |||
| 21)950 | 34,853 | ||||
| Governance costs |
|||||
| Auditors' remuneration |
8,000 | ||||
| Other accountancy fees |
8,000 | 16,000 | |||
| Interim managers fees |
52,104 | 60,740 | |||
| Legal fees | 70,712 | 22,390 | |||
| Other professional and |
legal costs | 29,606 | 31,170 | ||
| 160,422 | 138,300 | ||||
| Support Costs | |||||
| Telephone, fax and website expenses |
1,574 | 1,538 | |||
| Printing postage and stationery | 773 | 219 | |||
| Health and sagfety assessment | 1,500 | ||||
| Salary/allowance | 1,950 | ||||
| Equipment and furniture |
expenses | 244 | 427 | ||
| Depreciation | |||||
| Environmental charges |
274 | ||||
| Insurace | 7,993 | 142 | |||
| Utilities | 18,570 | ||||
| Software | 130 | ||||
| Contribution to running |
costs | 9,700 | 3,800 | ||
| 41,208 | 7,626 | ||||
| Total Resources Expended | 272,267 | 271,416 | |||
| Net Expenditure | 169&310) | 63,599 |