2023-12-31-accounts - Restore Church Boston

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Restore Church Boston

Charity No. 1052142

Trustees' Report and Unaudited Accounts

31 December 2023

Restore Church Boston Contents

	Pages
Trustees' Annual Report	2 to 3
Independent Examiner's Report	4
Statement of Financial Activities	5
Balance Sheet	6
Statement of Cash flows	16
Notes to the Accounts	7 to 15
Detailed Statement of Financial Activities	17 to 19

Page 1

Restore Church Boston Trustees Annual Report

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2023.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1052142

Principal Office

Liquorpond Street Boston Lincolnshire PE21 8UJ

Trustees

The following trustees served during the year:

M. Langley M. Mann J.D. Monks K.L. Slater

Accountants

Kime Consultancy Limited Office F5 - Workspace Kirton Business Park Willington Road, Kirton Lincolnshire PE20 1NN

OBJECTIVES AND ACTIVITIES

The purpose of the charity as set out in its governing document is to provide accommodation and support to the homeless and vulnerable and a place of worship

The charity meets its objectives via the following activities:

to provide a place of worship
provide accommodation and support to the homeless and vulnerable
to go out into the community to provide food and affordable groceries
support various overseas projects

ACHIEVEMENTS AND PERFORMANCE

This has been an exciting year for Restore Church, a thriving multicultural church community in the heart of Lincolnshire. As we continue to work out the Charities mandate in alignment with our vision to facilitate restoration spiritually, physically and mentally. The Church has continued to thrive and grow as we receive new families and individuals weekly. Consequently, we now looking to provide 2 Sunday morning services and midweek provision of discipleship and support for all ages to accommodate this and further growth.

Page 2

Restore Church Boston

Trustees Annual Report

Restore Church continues to be an integral part of the community serving the homeless and most vulnerable through a variety of programmes such as Restore Kitchen providing free nightly hot meals. During 2023 over16,000 meals were distributed. Also Restore Pantry, Restore Church’s social supermarket, continued to serve the community opening 3 days a week. The Pantry served just over 2292 adults with 1157 children, with 4844 shops carried out in the last year.

Restore Homes During 2023 thirteen of Restore Homes residents moved on from our accommodation. Of these 3 moved into longer term supported accommodation. 6 moved into independent accommodation, 4 were evicted and 2 abandoned their property. The average length of stay for these residents was 15 months. 15 new residents were welcomed into Restore Homes accommodation. Restore Homes employed 2 new support workers to increase the level of support offered to residents. In September of 2023 Restore Homes entered into a service agreement with Boston Borough council to provide emergency accommodation for rough sleepers in partnership with BBC rough sleepers team.

During 2023, Restore Homes trialled a social enterprise called Potato Petes, where 2 residents were employed for 8 hours per week over a 3-month period. The residents completed food and hygiene training and successfully completed the 3-month project. We saw an increase in residents' positivity, improved mental health and motivation for change.

‘The Drop’ in provides a warm space twice a week, with free refreshments for the local community to build friendships, connections and receive support or signposting.

The charity continues with its obligations of proclaiming the Gospel and loving people not only in our local town but also aboard as we support our growing Network of Restore Churches, currently 13 churches in Kisumu and Kitui Kenya. This includes supporting the building of classrooms and church buildings, supporting the ministry, providing training, community work and carrying out mission work.

FINANCIAL REVIEW

A review of the charity's financial position at the year end shows a net surplus of £3,268 (2022 £8,032). The total funds held at the year end was £114,238 (2022 £109,271)

Policy on reserves is that the charity will maintain 2 - 4 months reserves which the trustees deem sufficient to rehome the occupants of the charities properties should the need arise

The comparative figures have been restated due to a detailed reanalysis of costs during the year, but there was no overall effect on the surplus for the previous year.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity was created by trust deed dated 25 November 1993 as amended 9 April 2009 as amended 20 August 2014

New trustees are co-opted onto the board as the need arises, as deemed by the other trustees

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Page 3

Restore Church Boston Trustees Annual Report

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

J.D. Monks Trustee 30 September 2024

Page 4

Restore Church Boston Independent Examiners Report

Independent Examiner's Report to the trustees of Restore Church Boston

I report to the trustees on my examination of the financial statements of Restore Church Boston for the year ended 31 December 2023.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of FMAAT.

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

David Kime FMAAT Kime Consultancy Limited Office F5 - Workspace Kirton Business Park Willington Road, Kirton Lincolnshire PE20 1NN 30 September 2024

Page 5

Restore Church Boston Statement of Financial Activities

for the year ended 31 December 2023

Unrestricted funds	Restricted funds	Total funds	Total funds
2023	2023	2023	2022
£	£	£	£

92,992	-	92,992	90,171
-	239,521	239,521	209,204
200	394	594	1,089
157	102	259	1,664
50,822	8,868	59,690	22,774
144,171	248,885	393,056	324,902

-	974	974	-
48,219	121,912	170,131	130,134
117,716	100,967	218,683	186,736
165,935	223,853	389,788	316,870
-	-	-	-
(21,764)	25,032	3,268	8,032
4,838	(4,838)	-	-
(16,926)	20,194	3,268	8,032

(16,926)	20,194	3,268	8,032

109,192	79	109,271	101,239
92,266	20,273	112,539	109,271

Page 6

Restore Church Boston Balance Sheet

at 31 December 2023

Charity No. 1052142 Fixed assets Tangible assets 14 Investments 15 Current assets Debtors 16 Cash at bank and in hand Creditors:Amount falling due within one year 17 Net current assets Total assets less current liabilities Net assets excluding pension asset or liability Total net assets The funds of the charity Restricted funds 19 Restricted income funds Unrestricted funds 19 General funds Reserves 19 Total funds	2023 £ 15,520 45,000 60,520 13,067 58,062 71,129 (19,110) 52,019 112,539 112,539 112,539 20,273 20,273 92,266 92,266 112,539	2022 £ 16,863 -
		16,863 6,146 90,357
		96,503 (4,095)
		92,408 109,271
		109,271
		109,271
		79
		79 109,192
		109,192
		109,271

Approved by the trustees on 30 September 2024

And signed on their behalf by:

J.D. Monks Trustee 30 September 2024

Page 7

Restore Church Boston Notes to the Accounts

for the year ended 31 December 2023

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 8

Restore Church Boston Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Equipment 15% Straight Line Motor vehicles 25% Straight Line Fixtures, fittings and 10 - 25% Straight Line computer equipment

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 9

Restore Church Boston Notes to the Accounts

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Page 10

Restore Church Boston Notes to the Accounts

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Statement of Financial Activities - prior year

Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Other Total Expenditure on: Charitable activities Other Total Net income Transfers between funds Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 3 Income from donations and legacies Planned giving Donations Gift aid recovered	Unrestricted funds 2022 £ 89,928 - 1,089 1,664 22,745 115,426 30,989 93,319 124,308 (8,882) 16,692 7,810 7,810 101,160 108,970 Unrestricted £ 76,457 4,453 12,082 92,992	Restricted funds 2022 £ 240 209,204 - - 30 209,474 99,145 93,412 192,557 16,917 (16,692) 225 225 79 304 Total 2023 £ 76,457 4,453 12,082 92,992	Total funds 2022 £ 90,168 209,204 1,089 1,664 22,775
			324,900 130,134 186,731
			316,865
			8,035 -
			8,035
			8,035 101,239
			109,274
			Total 2022 £ 68,229 10,658 11,284
			90,171

Page 11

Restore Church Boston

Notes to the Accounts

4 Income from charitable activities

Restricted £ 239,521 239,521 Restricted £ - 394 394 Restricted £ 102 102 Restricted £ 8,463 405 - 8,868	Total 2023 £ 239,521 239,521 Total 2023 £ 200 394 594 Total 2023 £ 259 259 Total 2023 £ 40,466 1,467 17,757 59,690	Total 2022 £ 209,204
		209,204
		Total 2022 £ 1,089 -
		1,089
		Total 2022 £ 1,664
		1,664
		Total 2022 £ 7,580 1,014 14,180
		22,774

Restricted £ 974 974	Total 2023 £ 974 974	Total 2022 £ -
		-

Page 12

Restore Church Boston

Notes to the Accounts

Restore Church Boston Notes to the Accounts
9 Expenditure on charitable activities Expenditure on charitable activities Church activities Housing activities Governance costs 10 Other expenditure Employee costs Motor and travel costs Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs 11 Net income before transfers This is stated after charging: Depreciation of owned fixed assets Depreciation of assets held under finance leases and hire purchase contracts Independent Examiner's fee 12 Trustee remuneration and expenses The nature of the reimbursed expenses	Unrestricted Restricted Total Total 2023 2022 £ £ £ £ 48,219 2,657 50,876 30,989 - 119,255 119,255 99,145 48,219 121,912 170,131 130,134 Unrestricted Restricted Total Total 2023 2022 £ £ £ £ 60,708 70,146 130,854 100,237 13,404 982 14,386 10,930 14,135 23,117 37,252 33,322 5,222 357 5,579 5,060 22,025 2,247 24,272 33,879 2,222 4,118 6,340 3,308 117,716 100,967 218,683 186,736 2023 2022 £ £ 5,219 5,060 799 - 864 864 2023 2022 Number Number No expenses were paid to trustees for their role as trustees	Total 2022 £ 30,989 99,145
		130,134
		Total 2022 £ 100,237 10,930 33,322 5,060 33,879 3,308
		186,736

Page 13

Restore Church Boston Notes to the Accounts

13 Staff costs

Salaries and wages Social security costs Pension costs	2023 125,847 35 2,779 128,661	2022 97,489 - 2,129
		99,618

No employee received emoluments in excess of £60,000. No trustee received any income for their work as a trustee

The average monthly number of full time equivalent employees during the year was as follows:

Church Homes	2023 Number 3 6 9	2022 Number 3 4
		7

The charity operates a defined contribution pension scheme

14 Tangible fixed assets

Tangible fixed assets
Cost or revaluation At 1 January 2023 Additions Disposals At 31 December 2023 Depreciation and impairment At 1 January 2023 Depreciation charge for the year Disposals At 31 December 2023 Net book values At 31 December 2023 At 31 December 2022 Net book values of assets held under finance leases and hire purchase contracts and included above At 31 December 2023 At 31 December 2022	Equipment	Motor vehicles	Fixtures, fittings and computer equipment £ 7,287 1,657 (159) 8,785 4,031 1,387 (40) 5,378 3,407 3,256 1,332 2,131	Total £ 46,645 4,815 (1,154)
	£ 38,362 358 - 38,720 25,004 4,345 - 29,349 9,371 13,358 - -	£ 996 2,800 (995) 2,801 747 286 (974) 59 2,742 249 - -
				50,306
				29,782 6,018 (1,014)
				34,786
				15,520
				16,863
				1,332
				2,131

Page 14

Restore Church Boston Notes to the Accounts

15 Investments

Other investments - Unlisted Total £ £ Cost or revaluation Additions 45,000 45,000 At 31 December 2023 45,000 45,000 Net book values At 31 December 2023 45,000 45,000 16 Debtors 2023 2022 £ £ Trade debtors 11,837 5,776 Other debtors 234 - Prepayments and accrued income 996 370 13,067 6,146 17 Creditors: amounts falling due within one year 2023 2022 £ £ Obligations under finance lease and hire purchase contracts 1,456 2,255 Trade creditors 3,664 581 Other creditors 1,376 444 Accruals 815 815 Deferred income 11,799 - 19,110 4,095 18 Deferred Income Movement of the deferred income shown in_Creditors: amounts falling due within one year_ 2023 2022 £ £ Deferred in current year 11,799 - At 31 December 11,799 - Deferred income relates to council payments for 2 rooms to provide accommodation to individuals with no recourse to public funds (NRPF)	2023 £ 11,837 234 996 13,067 2023 £ 1,456 3,664 1,376	Other investments - Unlisted £ 45,000 45,000 45,000	Total £ 45,000
			45,000
			45,000
			2022 £ 5,776 - 370
			6,146
			2022 £ 2,255 581 444
	815		815
	11,799		-
			4,095
			2022 £ -
			-

Page 15

Restore Church Boston Notes to the Accounts

19 Movement in funds

Movement in funds
	At 1 January 2023 79 79 109,192 109,271	Incoming resources (including other gains/losses) £ 248,885 248,885 144,171 393,056	Resources expended £	Gross transfers £ (4,838) (4,838) 4,838 -	At 31 December 2023 £ 20,273
Restricted funds: Restricted income funds: Restore Homes restricted fund Total Unrestricted funds: General funds Total funds
			(223,853)
			(223,853) (165,935) (389,788)
					20,273
					92,266
					112,539

Purposes and restrictions in relation to the funds: Restricted funds: Restore Homes restricted Provision of accommodation and support to the homeless and vulnerable fund

20 Analysis of net assets between funds

Unrestricted funds £ 13,889	Restricted funds £ 1,631	Total £ 15,520
45,000	-	45,000
17,006 75,895 At 1 January 2023 £	35,013 36,644 Cash flows £	52,019
		112,539
		At 31 December 2023 £
90,357	(32,295)	58,062
90,357 (2,255) (2,255) 88,102	(32,295) 799 799 (31,496)	58,062
		(1,456)
		(1,456)
		56,606

Page 16

Restore Church Boston Notes to the Accounts

22 Commitments

Operating lease commitments

Annual commitments under non-cancellable operating leases are as follows:

	2023	2023	2022	2022
	Land and buildings	Other	Land and buildings	Other
	£	£	£	£
Operating leases with expiry date:
*Pension commitments*
		2023		2022
		£		£
The pension cost charge to the charity
amounted to:		2,779		2,129

Page 17

Restore Church Boston Detailed Statement of Financial Activities

for the year ended 31 December 2023

Income and endowments from: Donations and legacies Planned giving Donations Gift aid recovered Charitable activities Housing activities Other trading activities Hall and venue hire Potato Pete Investments Bank interest Other Grants Sundry income Pantry and van receipts Total income and endowments Expenditure on: Costs of other trading activities Potato Pete Total of expenditure on raising funds Charitable activities Church activities Housing activities Total of expenditure on charitable activities Employee costs Salaries/wages	Unrestricted funds 2023 £ 76,457 4,453 12,082 92,992 - - 200 - 200 157 157 32,003 1,062 17,757 50,822 144,171 - - - 48,219 - 48,219 48,219 57,935	Restricted funds 2023 £ - - - - 239,521 239,521 - 394 394 102 102 8,463 405 - 8,868 248,885 974 974 974 2,657 119,255 121,912 121,912 67,912	Total funds 2023 £ 76,457 4,453 12,082 92,992 239,521 239,521 200 394 594 259 259 40,466 1,467 17,757 59,690 393,056 974 974 974 50,876 119,255 170,131 170,131 125,847	Total funds 2022 £ 68,229 10,658 11,284
				90,171
				209,204
				209,204
				1,089 -
				1,089
				1,664
				1,664
				7,580 1,014 14,180
				22,774
				324,902 -
				-
				- 30,989 99,145
				130,134
				130,134 97,489

Page 18

Restore Church Boston

Detailed Statement of Financial Activities

estore Church Boston etailed Statement of Financial Activities
Employer's NIC Pension costs Staff training Motor and travel costs Vehicles - Fuel Vehicles - Insurance and licences Vehicles - Repairs and maintenance Travel and subsistence Premises costs Rent Rates Light, heat and power Premises cleaning Premises insurances Premises repairs and maintenance General administrative costs, including depreciation and amortisation Depreciation of Equipment Depreciation of Motor vehicles Depreciation of Fixtures, fittings and computer equipment Profit on disposal of tangible fixed assets Bad debts Bank charges Equipment repairs and maintenance Postage and couriers Software, IT support and related costs Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband Legal and professional costs	35 1,694 1,044 60,708 - 227 8,520 4,657 13,404 1,415 1,880 4,200 200 247 6,193 14,135 4,374 286 941 (379) - 363 5,341 60 2,165 1,128 150 3,370 9,448 27,247	- 1,085 1,149 70,146 33 - 927 22 982 21,960 - - - 1,157 - 23,117 31 - 386 (60) 288 81 1,114 2 7 54 - 701 - 2,604	35 2,779 2,193 130,854 33 227 9,447 4,679 14,386 23,375 1,880 4,200 200 1,404 6,193 37,252 4,405 286 1,327 (439) 288 444 6,455 62 2,172 1,182 150 4,071 9,448 29,851	- 2,129 619
				100,237
				- - 8,559 2,371
				10,930
				23,895 984 4,959 220 1,608 1,656
				33,322
				4,754 - 306 - - 927 15,594 103 3,994 2,153 377 2,913 7,818
				38,939

Page 19

Restore Church Boston

Detailed Statement of Financial Activities

Restore Church Boston Detailed Statement of Financial Activities
Audit/Independent examination fees Other legal and professional costs Total of expenditure of other costs Total expenditure Net gains on investments Net income Transfers between funds Net income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	432 1,790 2,222 117,716 165,935 - (21,764) 4,838 (16,926) - (16,926) 109,192 92,266	432 3,686 4,118 100,967 223,853 - 25,032 (4,838) 20,194 - 20,194 79 20,273	864 5,476 6,340 218,683 389,788 - 3,268 - 3,268 - 3,268 109,271 112,539	864 2,444
				3,308

				186,736
				316,870 -
				8,032 -
				8,032 -
				8,032
				101,239
				109,271

Page 20