This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2023-03-31-accounts
|
|
|
|
Page |
|
| Report ofthe Trustees |
|
|
1 |
to |
3 |
Independent
Examiner's |
|
Report |
|
|
|
| Statement ofFinancial |
|
Activities |
|
|
|
| Balance Sheet |
|
|
|
|
|
| Notes to the Financial |
Statements |
|
7 |
to |
10 |
| Detailed Statement ofFinancial Activities |
|
|
|
|
|
| for the Yea |
r Ended 3 |
1March 2023 |
|
|
|
|
|
|
|
|
|
|
|
31.3.23 |
31.3.22 |
|
|
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
|
|
fund |
fund |
funds |
funds |
|
|
|
Notes |
|
|
|
|
| INCOME |
AND ENDOWMENTS FROM |
|
|
|
|
|
|
| Donations |
and legacies |
|
|
49,250 |
|
49,250 |
45,416 |
| Investment |
income |
|
|
|
|
|
|
| Total |
|
|
|
49,250 |
|
49,250 |
45,418 |
| EXPENDITURE ON |
|
|
|
|
|
|
|
| Charitable |
activities |
|
|
|
|
|
|
| Ministry |
|
|
|
29,114 |
|
29,114 |
24,555 |
| Administration |
|
|
|
4,426 |
|
4,426 |
2,715 |
| Mission |
|
|
|
6,638 |
|
6,638 |
5,639 |
| Upkeep of |
church premises |
|
|
11,197 |
|
11,197 |
4,032 |
| Other |
|
|
|
463 |
|
463 |
463 |
| Total |
|
|
|
51,838 |
|
51,838 |
37,404 |
| NET INCOME/(EXPENDITURE) |
|
|
|
(2,588) |
|
(2,588) |
8,014 |
| RECONCILIATION |
|
OF FUNDS |
|
|
|
|
|
| Total funds brought |
|
forward |
|
330,135 |
|
330,135 |
322,121 |
| TOTAL FUNDS CARRIED FORWARD |
|
|
|
327,547 |
|
327,547 |
330,135 |
| Balance Sheet |
|
|
|
|
|
| 31March 2023 |
|
|
|
|
|
|
|
|
|
31.3.23 |
31.3.22 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
fund |
fund |
funds |
fimds |
|
Notes |
|
|
|
|
| FIXEDASSETS |
|
|
|
|
|
| Tangible assets |
|
250,623 |
|
250,623 |
251,086 |
| CURRENT ASSETS |
|
|
|
|
|
| Debtors |
|
7 |
|
7 |
|
| Cash at bank |
|
77,732 |
|
77,732 |
79,717 |
| CREDITORS |
|
|
|
|
|
Amounts
falling due within one year |
|
(815) |
|
(815) |
(668) |
| NET CURRENT ASSETS |
|
76,924 |
|
76,924 |
79,049 |
| TOTAL ASSETSLESSCURRENT |
|
|
|
|
|
| LIABIISTIES |
|
327,547 |
|
327,547 |
330,135 |
| NKT ASSETS |
|
327,547 |
|
327,547 |
330,135 |
| FUNDS |
|
|
|
|
|
Unrestricted
funds |
|
|
|
327,547 |
330,135 |
| TOTAL FUNDS |
|
|
|
327,547 |
330,135 |
| for th |
e Year Ended 31March 2023 |
|
|
|
|
|
| 2. |
INVESTMENT INCOME |
|
|
|
|
|
|
|
|
|
|
31.3.23 |
31.3.22 |
|
Deposit account interest |
|
|
|
|
2 |
| 3. |
TRUSTEES' REMUNERATION |
|
AND BENEFITS |
|
|
|
|
|
|
|
|
31.3.23 |
31.3.22 |
|
Trustees' salaries |
|
|
|
20,833 |
8,552 |
|
Trustees' pension contributions |
to |
money purchase |
schemes |
469 |
106 |
|
|
|
|
|
21,302 |
8,658 |
|
31.3.23 |
31.3.22 |
| Ministt3 |
1 |
2 |
| Cleaning |
1 |
1 |
|
Furniture |
|
| TANGIBLE FIXEDASSETS |
|
|
|
|
|
Freehold |
Motor |
and |
|
|
property |
vehicles |
equipment |
Totals |
| COST |
|
|
|
|
| At 1 April 2022 and 31March 2023 |
250,000 |
800 |
3,764 |
254,564 |
| DEPRECIATION |
|
|
|
|
| At 1 April 2022 |
|
320 |
3,158 |
3,478 |
| Charge for year |
|
160 |
303 |
463 |
| At 31March 2023 |
|
480 |
3,461 |
3,941 |
| NKT BOOK VALUE |
|
|
|
|
| At 31March 2023 |
250,000 |
320 |
303 |
250,623 |
| At 31March 2022 |
250,000 |
480 |
606 |
251,086 |
| 6. |
CREDITOR |
S: AMOUNTS |
FA |
LLING DUE WITHIN ONE |
YEAR |
|
|
|
|
|
|
|
|
31.3.23 |
31.3.22 |
|
Taxation and |
social security |
|
|
|
|
150 |
|
Other creditors |
|
|
|
|
815 |
518 |
|
|
|
|
|
|
815 |
668 |
| 7. |
MOVEMENT IN FUNDS |
|
|
|
|
|
|
|
|
|
|
|
|
Net |
|
|
|
|
|
|
|
movement |
At |
|
|
|
|
|
At 1.4.22 |
in funds |
31.3.23 |
|
Unrestricted |
funds |
|
|
|
|
|
|
General fund |
|
|
|
330,135 |
(2,588) |
327,547 |
|
TOTAL FUNDS |
|
|
|
330,135 |
(2,588) |
327,547 |
|
Net movement |
in funds, included |
|
in the above are as follows: |
|
|
|
|
|
|
|
|
Incoming |
Resources |
Movement |
|
|
|
|
|
resources |
expended |
in funds |
|
Unrestricted |
funds |
|
|
|
|
|
|
General fund |
|
|
|
49,250 |
(51,838) |
(2,588) |
|
TOTAL FUNDS |
|
|
|
49,250 |
(51,838) |
(2,588) |
|
Comparatives |
for movement |
in |
funds |
|
|
|
|
|
|
|
|
|
Net |
|
|
|
|
|
|
|
movement |
At |
|
|
|
|
|
At 1.4.21 |
in funds |
31.3.22 |
|
Unrestricted |
funds |
|
|
|
|
|
|
General fund |
|
|
|
322,121 |
8,014 |
330,135 |
|
TOTAL FUNDS |
|
|
|
322,121 |
8,014 |
330,135 |
|
|
Incoming |
Resources |
Movement |
|
|
resources |
expended |
in funds |
| Unrestricted |
funds |
|
|
|
| General fund |
|
45,418 |
(37,404) |
8,014 |
| TOTAL FUNDS |
|
45,418 |
(37,404) |
8,014 |
|
|
|
Net |
|
|
|
|
movement |
At |
|
|
At 1.4.21 |
in funds |
31.3.23 |
| Unrestricted |
funds |
|
|
|
| General fund |
|
322,121 |
5,426 |
327,547 |
| TOTAL FUNDS |
|
322,121 |
5,426 |
327,547 |
|
|
Incoming |
Resources |
Movement |
|
|
resources |
expended |
in funds |
| Unrestricted |
funds |
|
|
|
| General fund |
|
94,668 |
(89,242) |
5,426 |
| TOTAL FUNDS |
|
94,668 |
(89,242) |
5,426 |
| Detailed Statement ofFinancial Activities |
Detailed Statement ofFinancial Activities |
|
|
| for the Year Ended 31 March 2023 |
|
|
|
|
|
31.3.23 |
31.3.22 |
| INCOME AND |
ENDOWMENTS |
|
|
Donations
and legacies |
|
|
|
| Donations |
|
37,188 |
34,827 |
| Gift aid |
|
7,054 |
6,784 |
| Subscriptions |
|
4,608 |
3,387 |
Miscellaneous
income |
|
400 |
418 |
|
|
49,250 |
45,416 |
Investment
income |
|
|
|
| Deposit account |
interest |
|
|
| Total incoming |
resources |
49,250 |
45,418 |
| EXPENDITURE |
|
|
|
Charitable
activities |
|
|
|
| Trustees' salaries |
|
20,833 |
8,552 |
| Trustees' pension |
contributions |
469 |
106 |
| Wages |
|
965 |
13,852 |
| Pensions |
|
|
323 |
| Insurance |
|
1,800 |
1,655 |
| Light and heat |
|
3,484 |
1,426 |
| Telephone |
|
958 |
1,010 |
| Postage and stationery |
|
806 |
|
| Sundries |
|
1,710 |
644 |
| Supplies |
|
6,428 |
2,874 |
| Training |
|
1,059 |
200 |
| Subscriptions |
|
2,152 |
2,548 |
| Gifts to other missions |
|
2,400 |
1,600 |
| Repairs and maintenance |
|
5,914 |
71 |
| Motor and travel |
|
2,012 |
1,720 |
|
|
50,990 |
36,581 |
| Other |
|
|
|
| Depreciation oftangible fixed assets |
|
463 |
463 |
| Support costs |
|
|
|
Governance
costs |
|
|
|
Accountancy
and legal fees |
|
385 |
360 |
Total resources
expended |
|
51,838 |
37,404 |
| Net income |
|
(2,588) |
8,014 |