| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial Activities | ||||
| Balance Sheet | ||||
| Notes to the Financial Statements | 7 | to | 16 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
330,757 | 35,189 | 365,946 | 278,549 | ||
| Charitable activities |
||||||
| Church activities | 3,009 | 3,009 | 110 | |||
| Other trading activities | 2,409 | 2,409 | 268 | |||
| Investment income |
8 | 8 | 44 | |||
| Other income | 717 | 717 | 21,501 | |||
| Total | 336,900 | 35,189 | 372,089 | 300472 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Church activities | 340,973 | 340,973 | 285,332 | |||
| Storehouse food bank | 34,649 | 34,649 | 36,003 | |||
| Breakfast club and teenager support | 1,010 | 1,010 | ||||
| Total | 340,973 | 35,659 | 376,632 | 321,335 | ||
| NET INCOME/(EXPENDITURE) | (4,073) | (470) | (4,543) | (20,863) | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward |
165,718 | 8,876 | 174,594 | 195,457 | ||
| TOTAL FUNDS CARRIED FORWARD | 161645 | 8,406 | 170,051 | 174,594 |
| Influence Church | Influence Church | ||||
|---|---|---|---|---|---|
| Balance Sheet | |||||
| 31 | March 2022 | ||||
| 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets |
13 | 158,299 | 935 | 159,234 | 172,514 |
| CURRENT ASSETS | |||||
| Debtors | 14 | 1,371 | 1,371 | 2,347 | |
| Cash at bank and in hand | 83 962 | 7471 | 91 423 | 83,921 | |
| 85,323 | 7,471 | 92,794 | 86,268 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
15 | (12,732) | (12,732) | (10,764) | |
| NET CURRENT ASSETS | 72,591 | 7,471 | 80,062 | 75,504 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 230,890 | 8,406 | 239,296 | 248,018 | |
| CREDITORS | |||||
| Amounts falling due after more than one year |
16 | (69,245) | (69,245) | (73,424) | |
| NET ASSETS | 161,645 | 8,406 | 170,051 | 174,594 | |
| FUNDS | 20 | ||||
| Unrestricted funds |
161,645 | 165,718 | |||
| Restricted funds | 8,406 | 8 876 | |||
| TOTAL FUNDS | 170,051 | 174,594 |
| Freehold | property | 2%on cost |
|---|---|---|
| Short leasehold | 50%on cost | |
| Fixtures | and fittings | 15%on cost |
| Computer | equipment | 15%on cost |
| DONATIONS AND LEGACIES |
||
|---|---|---|
| 2022 | 2021 | |
| Donations | 288,880 | 200,992 |
| Gift aid | 52,008 | 38,763 |
| Foodbank donations | 25,058 | 38,794 |
| 365,946 | 279 549 |
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 2022 | 2021 | |
| Infopoint resources | 334 | |
| Other income | 125 | 268 |
| Room hire | ~1950 | |
| 2,409 | 268 |
| 5. | INCOME FROM | CH | ARITABLE ACTIVITIE | S | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Church activities | 3,009 | 110 | |||
| Income from charitable | activities was unrestricted | during both the current and previous year. | |||
| 6. | OTHER INCOME | ||||
| 2022 | 2021 | ||||
| Covid support grants |
20,000 | ||||
| Covid job retention | scheme | 717 | 1,501 | ||
| 717 | 21 501 |
| CHAMTABLE ACTIVITIES COSTS | |||
|---|---|---|---|
| Direct | Support | ||
| costs | costs | ||
| (see note 8) | (see note 9) | Totals | |
| E | |||
| Church activities | 334,553 | 6,420 | 340,973 |
| Storehouse food bank | 34,649 | 34,649 | |
| Breakfast club and teenager support | 1,010 | 1,010 | |
| 370,212 | 6,420 | 376,632 |
| DIRECT COSTS | OF CHAMTABLE ACTIVITIES | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Staffcosts | 191,143 | 166,340 | |
| Rates and water | 684 | 1,812 | |
| Insurance | 5,089 | 4,649 | |
| Light and heat | 12,693 | 12,555 | |
| Telephone | 1,136 | 1,724 | |
| Postage and stationery | 2,692 | 3,050 | |
| Advertising | 370 | 729 | |
| Sundries | 2,082 | 514 | |
| Church activities costs | 15,060 | 2,037 | |
| Donations and giving |
33,483 | 28,046 | |
| Foodbank costs | 15,765 | 11,075 | |
| Rent payable | 27,069 | 20,863 | |
| Transport costs |
1,746 | ||
| Pastor expenses | 1,105 | 997 | |
| Staff and volunteer | expenses | 13,409 | 6,116 |
| Hospitality | 2,245 | 843 | |
| Repairs and renewals | 11,633 | 17,827 | |
| Cleaning and sanitary |
6,127 | 5,702 | |
| Bank charges | 1,494 | 1,560 | |
| Sub scriptions | 1,971 | 622 | |
| Breakfast club costs | 1,010 | ||
| Depreciation | 23,952 | 26,771 | |
| 370212 | 315578 |
| Governance | costs | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Church | Total | |||
| activities | activities | |||
| Independent | examiners | fees | 1,754 | 1,632 |
| Professional | fees | 735 | 58 | |
| Interest payable | 3,931 | 4,067 | ||
| 6,420 | 5,757 |
| STAFF COS | TS | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Wages and salaries | 177,476 | 155,303 | ||||
| Social security | costs | 5,857 | 4,223 | |||
| Other pension | costs | 7,810 | 6 814 | |||
| 191,143 | 166,340 | |||||
| The average monthly | number ofemployees | during | the year was as follows: | |||
| 2022 | 2021 | |||||
| Administration | and management | 12 | 12 |
| 12. | COMPARATIVES | FOR THE STATEMENT | FOR THE STATEMENT | FOR THE STATEMENT | OFFINANCIAL | ACTIVITIES | ||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||||
| fund | funds | funds | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Donations and legacies |
239,755 | 38,794 | 278,549 | |||||
| Charitable activities |
||||||||
| Church activities | 110 | 110 | ||||||
| Other trading activities | 268 | 268 | ||||||
| Investment income |
44 | 44 | ||||||
| Other income | 21501 | 21,501 | ||||||
| Total | 261,678 | 38,794 | 300,472 | |||||
| EXPENDITURE ON | ||||||||
| Charitable activities |
||||||||
| Church activities | 285,332 | 285,332 | ||||||
| Storehouse food bank | 36003 | 36,003 | ||||||
| Total | 285,332 | 36003 | 321,335 | |||||
| NET INCOME/(EXPENDITURE) | (23,654) | 2,791 | (20,863) | |||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought | forward | 189,372 | 6,085 | 195,457 | ||||
| TOTAL FUNDS CARRIED FORWARD | 165718 | 8 876 | 174,594 | |||||
| 13. | TANGIBLE FIXEDASSETS | |||||||
| Fixtures | ||||||||
| Freehold | Short | and | Computer | |||||
| property | leasehold | fittings | equipment | Totals | ||||
| COST | ||||||||
| At 1 April 2021 | 133,359 | 11,456 | 134,875 | 9,413 | 289,103 | |||
| Additions | 8 375 | 2 297 | 10672 | |||||
| At 31March 2022 | 133,359 | 11,456 | 143,250 | 11,710 | 299,775 | |||
| DEPRECIATION | ||||||||
| At 1 April 2021 | 18,160 | 9,968 | 83,550 | 4,911 | 116,589 | |||
| Charge for year | 1,867 | 1 488 | 19129 | 1,468 | 23 952 | |||
| At 31 March 2022 | 20,027 | 11,456 | 102 679 | 6379 | 140 541 | |||
| NET BOOKVALUE | ||||||||
| At 31 March 2022 | 113332 | 40,571 | 5,331 | 159,234 | ||||
| At 31March 2021 | 115199 | 1,488 | 51,325 | 4,502 | 172,514 |
| Notes to the Financial Statements - continued for the Year Ended 31March 2022 |
Notes to the Financial Statements - continued for the Year Ended 31March 2022 |
Notes to the Financial Statements - continued for the Year Ended 31March 2022 |
Notes to the Financial Statements - continued for the Year Ended 31March 2022 |
|||
|---|---|---|---|---|---|---|
| 14. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 2022 | 2021 | |||||
| Prepayinents and accrued |
income | 1,371 | 2,347 | |||
| 15. | CREDITORS: AMOUNTS FALLING DUE WITHIN | ONE YEAR | ||||
| 2022 | 2021 | |||||
| Bank loans (see note 17) | 4,085 | 3,995 | ||||
| Taxation and social security | 2,525 | 2,088 | ||||
| Other creditors | 6,122 | 4,681 | ||||
| 12,732 | 10,764 | |||||
| 16. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | |||||
| 2022 | 2021 | |||||
| Bank loans (see note 17) | 69245 | 73,424 | ||||
| 17. | LOANS | |||||
| An analysis ofthe maturity | ofloans is given below: | |||||
| 2022 | 2021 | |||||
| Amounts falling due within |
one year on demand: | |||||
| Bank loans | 4085 | 3,995 | ||||
| Amounts falling between |
one and two years: | |||||
| Bank loans —1-2years |
4,085 | 3,995 | ||||
| Amounts falling due between two and five years: |
||||||
| Bank loans - 2-5 years | 12,255 | 11,985 | ||||
| Amounts falling due in more than five years: |
||||||
| Repayable by instalments: |
||||||
| Bank loans more than 5years by instalments | 52,905 | ~57 444 | ||||
| 18. | LEASING AGREEMENTS | |||||
| Minimum lease payments |
under non-cancellable | operating | leases fall due as follows: | |||
| 2022 | 2021 | |||||
| Within one year | 14,688 | 2,588 | ||||
| Between one and five years | ~21 320 | 5 208 | ||||
| 36,008 | 7,796 |
| 2022 | 2021 |
|---|---|
| 73,330 | 77,419 |
| MOVEMENT IN FUNDS | |||||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1.4.21 | in funds | 31.3.22 | |||
| Unrestricted funds |
|||||
| General fund | 165,718 | (4,073) | 161,645 | ||
| Restricted funds | |||||
| Storehouse food bank | 8,876 | (7,336) | 1,540 | ||
| Breakfast club and teenager | support | 6 866 | 6866 | ||
| 8,876 | ~470) | 8,406 | |||
| TOTAL FUNDS | 174,594 | ~4,543) | 170,051 | ||
| Net movement in funds, included |
in the above are as follows: | ||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 336,900 | (340,973) | (4,073) | ||
| Restricted funds | |||||
| Storehouse food bank Breakfast club and teenager |
support | 27,313 7 876 |
(34,649) ~1010) |
(7,336) 6866 |
|
| 35 189 | ~35 659) | ~470) | |||
| TOTAL FUNDS | 372089 | ~376632) | ~4543) |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.4.20 | in funds | 31.3.21 | ||||
| Unrestricted funds |
||||||
| General fund | 189,372 | (23,654) | 165,718 | |||
| Restricted funds | ||||||
| Storehouse food bank | 6,085 | 2,791 | 8,876 | |||
| TOTAL FUNDS | 195,457 | ~20 863) | 174594 | |||
| Comparative net movement |
in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund | 261,678 | (285,332) | (23,654) | |||
| Restricted funds | ||||||
| Storehouse food bank |
38,794 | (36,003) | 2,791 | |||
| TOTAL FUNDS | 300,472 | (321,335) | ~20,863) | |||
| A current year 12months | and prior year 12months | combined position is as follows: | ||||
| Net | ||||||
| movement | At | |||||
| At 1.4.20 | in funds | 31.3.22 | ||||
| Unrestricted funds |
||||||
| General fund | 189,372 | (27,727) | 161,645 | |||
| Restricted funds | ||||||
| Storehouse food bank | 6,085 | (4,545) | 1,540 | |||
| Breakfast club and teenager | support | 6,866 | 6,866 | |||
| 6,085 | 2,321 | 8,406 | ||||
| TOTAL FUNDS | 195457 | ~25 406) | 170,051 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 598,578 | (626,305) | (27,727) |
| Restricted funds | |||
| Storehouse food bank Breakfast club and teenager support |
66,107 7,876 |
(70,652) ~)010) |
(4,545) 6,866 |
| 73 983 | ~71 662) | 2 321 | |
| TOTAL FUNDS | 672,561 | (697,967) | ~23,406) |