||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||I|to|3|
|Independent
Esaminer's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Notes to the Finaacial Statements||7|to|l6|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unresincted|Restricted|Total|Total|
||||Notes|felid
f|funds
E|funds
f|fundsf|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||281,171|66i,384|347,555|365,946|
|Charitable
activities||||||||
|Church activities||||19,&79||19,279|3,009|
|Other trading activities||||5,431||5,431|2,409|
|Investment
income||||r(19||209|8|
|Other income|||||||717|
|Total||||306,090|66,384|372,474|372,089|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Church activities||||368,926||368,926|340,973|
|Storehouse
food bank|||||39,589|39,589|34,649|
|Breakfast club and Elevate Youth|||||7,325|7,325|1,010|
|Total||||368,926|46,914|415,840|376,632|
|NET INCOME/(FAPENDITURE)||||(62,836)|19,470|(43,366)|(4,543)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought
forward||||161,645|8,406|170,051|174,594|
|TOTAL FUNDS CARRIED FORWARD||||98,809|27,876|126,685|170,051|
##
||||||2023|2027|
|---|---|---|---|---|---|---|
|||Unrestncted|Restricted||Total|Total|
|||fund|funds||funds|funds|
||Notes|f|f.||f.|f|
|FIXEDASSETS|||||||
|Tangible assets|13|148,159||677|148,836|159,234|
|CURRENT ASSETS|||||||
|Debtors|14|1,467|||1,467|1,371|
|Cash at bank and in hand||23,633|27,199||50,832|91,423|
|||25,100|27,|199|52,299|92,794|
|CREDITORS|||||||
|Amounts
falling due within one year|15|(9,565)|||(9,565)|(12,732)|
|NET CURRENT ASSETS||15,535|27,199||42,734|80,062|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILI1IES||163,694|27,876||191,570|239,296|
|CREDITORS|||||||
|Amounts
falling due atter more than one year|16|(64,885)|||(64,885)|(69,245)|
|NET ASSETS||98,809|~27|876|126,685|170,051|
|FUNDS|20||||||
|Unrestricted
funds|||||98,809|161,645|
|Restricted
funds|||||27,876|8,406|
|TOTAL FUNDS|||||126,685|170,051|
##
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|Freehold|pmptrty|2%on cost|
|---|---|---|
|Short leasehold||50%on cost|
|Fixtures|and tittings|15%on cost|
|Computer|equipment|15%on cost|
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|DONATIONS
AND LEGACIES|||
|---|---|---|
||2023f|2022
8|
|Donations|253,757|288,880|
|Gifi aid|40,019|52,008|
|Foodbank donations|~53779|~25 058|
||347,555|365,946|
##
##
|OTHER TRADING ACTIVITIES|||
|---|---|---|
||2023|2022|
||f|f|
|lnfopoint resources||334|
|Other income|747|125|
|Room hire|4,684|1,950|
||5,43 1|2,409|
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||f|f|
|Deposit account interest||||||209|8|
|Income from investment||income was unrestricted|during|both the current|and previous|year.||
|INCOME FROM|CHARITABLE ACTIVITIES|||||||
|||||||2023|2022|
|||||||f|f|
|Church activities||||||19,279|3,009|
|Income from charitable||activities was unrestncted|during|both the current|and previous|year.||
|OTHER INCOME||||||||
|||||||2023|2022|
|||||||f|f|
|Covid job retention|scheme||||||717|
##
|CHARITABLE ACTIVITIES COSTS||||
|---|---|---|---|
||Ditect|Support||
||Costs (see|costs (see||
||note 8)
f|note 9)
f|Totals
6|
|Church activities|362.508|6,418|368,926|
|Storehouse food bank|39,589||39,589|
|Breakfast club and Elevate Youth|7,325||7,325|
||409,422|6,418|~415 840|
##
|8.|DIRECT COSTS|OF|CHARITABLE ACTIVITIES|||
|---|---|---|---|---|---|
|||||2023|2022|
|||||f|f|
||Staffcosts|||214,600|191,143|
||Rates and water|||1,188|684|
||Insurance|||5,472|5,089|
||Light and hest|||10,028|12,693|
||Telephone|||1,183|1,136|
||Postage and stationery|||4,540|2,692|
||Advertising|||805|370|
||Sundries|||1,242|2,082|
||Church activities costs|||38,636|15,060|
||Donations
and giving|||31,181|33,483|
||Foodbank costs|||18,852|15,765|
||Rent payable|||25,646|27,069|
||Pastor expenses|||408|1,105|
||Staffand volunteer|expenses||16,868|13,409|
||Hospitality|||2,452|2,245|
||Repairs and renewals|||10,501|11,633|
||Cleaning
and sanitary|||4,136|6,127|
||Bank charges|||1,736|1,494|
||Subscriptions|||1,674|1,971|
||Breakfast club and|Elevate Youth||3,777|1,010|
||Depreciation|||~14497|23,952|
|||||409,422|370,212|
|9.|SUPPORT COSTS|||||
||||||Governance|
||||||costs|
||||||f|
||Church activities||||6,418|
||Support costs, included||in the above, are as follows:|||
||Governance
costs|||||
|||||2023|2022|
|||||f|f|
||Independent
examiners||fees|1,892|1,754|
||Professional
fees|||217|735|
||Interest payable|||4,309|3,931|
|||||6,418|6,420|
||||Page 10||continued. ..|
##
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##
|STAFFCOSTS|||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||8||
|Wages and salaries|||||199,635|177,476|
|Social security costs|||||6,467|5,857|
|Other pension costs|||||8,498|7,810|
||||||214,600|191,143|
|The average monthly|number ofemployees||during the year was as follows:||||
||||||2023|2022|
|Administration
and management|||||13|12|
|No employees
received emoluments||in excess of660,000.|||||
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||||
||||Unrestricted||Restricted|Total|
||||fund||funds|funds|
||||||f.||
|INCOME AND ENDOWMENTS||FROM|||||
|Donations
and legacies|||330,757||35,189|365,946|
|Charitable
activities|||||||
|Church activities|||3,009|||3,009|
|Other trading activities|||2,409|||2,409|
|Investment
income||||8||8|
|Other income||||717||717|
|Total|||~336|900|35,189|372,089|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Church activities|||340,973|||340,973|
|Storehouse
food bank
Breakfast club and Elevate Youth|||||34,649
~1010|34,649
~1010|
|Total|||340,973||35,659|376,632|
##
|||for the Year Ended 31 March 2|for the Year Ended 31 March 2|for the Year Ended 31 March 2|023|||
|---|---|---|---|---|---|---|---|
|12.|COMPARATIVES|FORTHE STATEMENT OF FINANCIAL|||ACTIVITIES|- continued||
||||||Unrestricted|Restricted|Total|
||||||lurid|funds
f|fundsf|
||NET INCOME/(EXPENDITURE)||||(4,073)|(470)|(4,543)|
||RECONCILIATION||OF FUNDS|||||
||Total funds brought|forward|||165,718|8,876|174,594|
||TOTAL FUNDS CARRIED FORWARD||||161,645|8,406|170,051|
|13.|TANGIBLE FIXED||ASSETS|||||
||||||Fixtures|||
||||Freehold|Shon|and|Computer||
||||property
f|leasehold
I|fittings
f|equipment
f.|Totals|
||COST|||||||
||At
I April 2022||133,359|II.456|143,750|11,710|299,775|
||Additions||||3.324|775|4,099|
||At 31 March 2023||133,359|11,456|146574|12,485|~303 874|
||DEPRECIATION|||||||
||At I April 2022||20,027|11.456|102.679|6,379|140,541|
||Charge for year||1,867||11.069|1,561|~14497|
||At 31March 2023||21,894|11,456|113,748|7,940|155,038|
||NKT BOOK VALUE|||||||
||At 31 March 2023||111,465|~32 826||4,545|148,836|
||At 31 March 2022||113,332|~40 571||5,331|159,234|
|14.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR|||||||
|||||||2023|2022|
|||||||f|f|
||Prepayments
and accrued income|||||1,467|1,371|
##
##
||Notes to the Financial
State
for the Year Ended 31|Notes to the Financial
State
for the Year Ended 31|Notes to the Financial
State
for the Year Ended 31|Notes to the Financial
State
for the Year Ended 31|ments - continued
March 2023|||
|---|---|---|---|---|---|---|---|
|15.|CREDITORS: AMOUNTS FALLING DUE WITHIN||||ONE YEAR|||
|||||||2023|2022|
|||||||6|f|
||Bank loans|and overdratts|(see note 17)|||4,015|4,085|
||Taxation and social security|||||2,106|2,525|
||Other creditors|||||3,444|6.122|
|||||||9,565|12,732|
|16.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR|||||||
|||||||2023|2022|
|||||||f||
||Bank loans|(see note 17)||||64,885|69,245|
|17.|LOANS|||||||
||An analysis|ofthe maturity|ofloans is given below:|||||
|||||||2023|2022|
|||||||6|f|
||Amounts
falling due within one year on demand:|||||||
||Bank loans|||||4,015|4,085|
||Amounts
falling between||one and two years:|||||
||Bank loans|- 1-2years||||4015|~4085|
||Amounts
falling due between two and five years:|||||||
||Bank loans|- 2-5 years||||12,045|12,255|
||Amounts
falling due in more than five years:|||||||
||Repayable|by instalments:||||||
||Bank loans|more than 5 years by instalments||||48,825|52,905|
|18.|LEASING|AGREEMENTS||||||
||Minimum|lease payments|under non-cancellable|operating|leases fall due as follows:|||
|||||||2023|2022|
|||||||f|f.|
||Within one year|||||14,688|14,688|
||Between one and five years|||||6,632|21,320|
|||||||21,320|36,008|
##
##
|||2023|2022|
|---|---|---|---|
||||f|
|Bank|loans|68,900|73,330|
##
|MOVEMEN|T|IN FUNDS|||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
||||At|I 4.22|in funds|31.3.23|
||||||f|f|
|Uarestricted||funds|||||
|General fund|||161.645||(62,836)|98,809|
|Restricted funds|||||||
|Storehouse|food bank|||1,540|15,245|16,785|
|Breakfast club||and Elevate Youth||6,866|4,225|11,091|
|||||8,406|19,470|27,876|
|TOTAL FUNDS|||170,051||~43,366)|126,685|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||f|8||
|Unrestricted|funds||||
|General fund||306.090|(368,926)|(62,836)|
|Restricted funds|||||
|Storehouse
food bank||54,834|(39,589)|15,245|
|Breakfast club|and Elevate Youth|11,550|(7,325)|4,225|
|||~66384|~46,914)|19,470|
|TOTALFUNDS||372.474|(415,840)|~43,366)|
##
##
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.4.21|in funds|31.3.22|
|||f|f|
|Unrestricted
funds||||
|General fund|165.718|(4,073)|161,645|
|Restricted funds||||
|Storehouse
food bank
Breakfast club and Elevate Youth|8.876|(7,336)
~6866|1,540
6,866|
||8,876|~470)|8406|
|TOTAL FUNDS|174.594|~4,543)|170,051|
||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
||||f|E|f|
|Unrestricted
funds||||||
|General fund|||336,900|(340,973)|(4,073)|
|Restricted funds||||||
|Storehouse
food bank|||27.313|(34,649)|(7,336)|
|Breakfast club and Elevate|Youth||7.876|~1010)|6,866|
||||35.189|~35,659)|~470)|
|TOTALFUNDS|||372,089|~376,632)|~4,543)|
|A current year 12 months|and prior year 12 months|combined|position
is as follows:|||
|||||Net||
|||||movement|At|
||||At 1.4.21|in funds|31.3.23|
||||f|f||
|Unrestricted
funds||||||
|General fund|||165.718|(66,909)|98,809|
|Restricted funds||||||
|Storehouse food bank|||8.876|7,909|16.785|
|Breakfast club and Elevate Youth||||11,091|11,091|
||||~8876|19,000|~27 876|
|TOTAL FUNDS|||174.594|(47,909)|126.685|
##
##
||Incoming|Resources|Movement|
|---|---|---|---|
||resources
f|expended
f|in funds
f|
|Uarestricted
funds||||
|General fund|642.990|(709,899)|(66,909)|
|Restricted funds||||
|Storehouse food bank|82,147|(74,238)|7,909|
|Breakfast club and Elevate Youth|19,426|~8,335)|11,091|
||101,573|~82,573)|~19000|
|TOTAL FUNDS|744,563|~792,472)|~47,909)|
##