| Contents | Page | ||
|---|---|---|---|
| Legal and Administrative | Information | ||
| Report ofthe | Trustees | 3-4 | |
| Independent | Examiner's | Report | |
| Statement of | Financial Activities | ||
| Balance Sheet | |||
| Notes forming | part ofthe financial statements | 8-10 |
| STATEMENT OF FINANCIAL | ACTIYITIES | ACTIYITIES | 2022 | 2022 | 2022 | 2021 | |
|---|---|---|---|---|---|---|---|
| NOTE | RESTRICTED | UNRESTRICTED | TOTAL | TOTAL | |||
| f | |||||||
| INCOMING RESOURCES | |||||||
| Incoming resources from generated | funds: | 118,492 | 118,492 | 112,432 | |||
| TOTAL INCOMING RESOURCES | 118,492 | 118,492 | 112,432 | ||||
| RESOURCESEXPENDED | |||||||
| Cost ofgenerating funds |
|||||||
| Charitable Activities |
114,337 | 114,337 | 110,690 | ||||
| Governance Costs |
|||||||
| TOTAL RESOURCES EXPENDED | 114,337 | 114,337 | 110,690 | ||||
| NET INCOME/EXPENDITURE | FOR | THE | |||||
| YEAR BEFORETRANSFER | |||||||
| 4,155 | 4,155 | 1,742 | |||||
| Gains on revaluation ofassets |
|||||||
| Net Movements in funds |
4,155 | 4,155 | 1,742 | ||||
| Total Funds Brought Forward | 185,238 | 319,083 | 504,321 | 502,579 | |||
| Total Funds Carried Forward | 185,238 | 323,238 | 508,476 | 504,321 | |||
| Restricted | 185,238 | 185,238 | 185,23& | ||||
| Unrestricted | 323,238 | 323,238 | 319,083 |
| BALANCE SHEET | Note | 2022 | 2021 |
|---|---|---|---|
| f | f | ||
| Fixed Assets | |||
| Tangible Assets | 158,816 | 159,422 | |
| investments | 403,036 | 403,036 | |
| 561,852 | 562,458 | ||
| Currents Assets | |||
| Debtors 8 Prepayments | |||
| Cash &Bank | 2,206 | 3,445 | |
| 2,206 | 3,445 | ||
| Creditors: falling due within one year | |||
| Net Current Assets | 2,206 | 3,445 | |
| Total Assets | 564,058 | 565,903 | |
| Creditors: falling due after one year | 55,582 | 61,582 | |
| NET ASSETS | 508,476 | 504,321 | |
| INCOME FUNDS | |||
| Restricted | 185,238 | 185,238 | |
| Unrestricted | 323,238 | 319,083 | |
| TOTAL FUNDS | 508,476 | 504,321 |
| 2.DONATIONS. AND SIMILAR INCOMING | 2.DONATIONS. AND SIMILAR INCOMING | ||||
|---|---|---|---|---|---|
| RESOURCES | RESTRICTED | UNRESTRICTED | |||
| 2022 | 2022 | Total | 2021 | ||
| Tithes &offering | 110,526 | 110,526 | 101,117 | ||
| Gift Aid Repayment | 7,966 | 7,966 | 11,315 | ||
| Building Funds | |||||
| 118,492 | 118,492 | 112,432 | |||
| 3.CHARITABLE ACTIVITIES | 2022 | 2021 | |||
| Rent-Office &Church | 6,010 | 14,114 | |||
| Media | 2,312 | 4,944 | |||
| Salaries | 30,802 | 34,472 | |||
| Donations &Welfare |
90 | ||||
| Mission | 1,800 | ||||
| Honorarium | 8,640 | ||||
| NEST | 4,820 | 5,258 | |||
| Worship &Events | 450 | ||||
| Motor Vehide Expenses | 4,938 | 5,386 | |||
| General Administration | Cost | 42,344 | 29,617 | ||
| Repair 8 Maintenance | 500 | ||||
| Equipment | 676 | ||||
| Bank Charges | 239 | 151 | |||
| Music Ministry | 1,507 | 100 | |||
| Professional Fees |
2,621 | 3,491 | |||
| HMRC - PAYE | 8,820 | 9,506 | |||
| Depreciation | 608 | 811 | |||
| 114,337 | 110,890 |
| 4.TANGIBLE FIXEDASSETS | ||||||
|---|---|---|---|---|---|---|
| Furniture | ||||||
| Freehold | Computer | Musical | Motor | 8 Fixture | ||
| Property | Equipment | Equipment | Vehicle | Total | ||
| COST | f | f | f | |||
| At 01/08/21 | 157,000 | 16,289 | 83,305 | 15,595 | 2,852 | 275,041 |
| Additions | ||||||
| At 31/07/22 | 15T,000 | 16,289 | 83,305 | 15,595 | 2,852 | 275,041 |
| DEPRECIATION | ||||||
| At 01/08/21 | 15,679 | 81,820 | 15,477 | 2,641 | 115,617 | |
| Charge in period |
153 | 373 | 28 | 54 | 608 | |
| At 31/07/22 | 15,832 | 82,193 | 15,505 | 2,695 | 116,225 | |
| NET BOOK VALUE | ||||||
| At 31July 2022 | 157,000 | 458 | 1,114 | 88 | 156 | 158,816 |
| At 31July 2021 | 15T,000 | 610 | 1,485 | 117 | 210 | 159,422 |
| 5.CREDITORS —due after one year | ||||||
| 2022 | 2021 | |||||
| Loan —Mortgage | 55,582 | 61,582 | ||||
| 55,582 | 61,582 |