| King's Church Cambridge | ||
|---|---|---|
| Annual | Report for the year ending 31stDecember 2022 | |
| Trustees | Jean-Louis Beng Elouga | |
| Jerron Okai | ||
| Patience Tilbury | ||
| Charity registration | number | 1054329 |
| Principal Office | King's Church Cambridge | |
| 49-53 Tenison Road | ||
| Cambridge | ||
| CB12DG | ||
| Accountants | Mr GeoffMann | |
| Bankers | Lloyd's Bank, | |
| Sidney Street, Cambridge, CB23'. |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
| Funds | Funds | Funds | Funds | Funds | Funds | |||
| Notes | E | F | E | |||||
| INCOME | ||||||||
| Gift Aid Tax Recovered Offerings Rental income |
-18,513 139,435 4,786 |
-18,513 139,435 4,786 |
'I9,170 158,481 4,885 |
19,170 158,481 4,885 |
||||
| TOTAL INCOME | 125,708 | 0 | 125,708 | 182,536 | 0 | 182,536 | ||
| EXPENDITURE | ||||||||
| Charitable Expenditure |
||||||||
| Church Operating Grants Payable |
Costs | 17,756 4,327 |
17,756 4,327 |
10,159 4,081 |
10,159 4,081 |
|||
| Management and |
Administration | 15,339 | 15,339 | 9,016 | 9,016 | |||
| Ministry | 52,605 | 52,605 | 99,421 | 99,421 | ||||
| TOTAL EXPENDITURE | 90,027 | 0 | 90,027 | 'I22,677 | 122,677 | |||
| 35,681 | 35,681 | 59,859 | 59,859 | |||||
| TRANSFERS | ||||||||
| NET INCOME/(EXPENDITURE) | AND | |||||||
| NET MOVEMENT | IN FUNDS FOR THE YEAR | 35,681 | 35,681 | 59,859 | 59,859 | |||
| RECONCILIATION | OF FUNDS | |||||||
| TOTAL FUNDS BROUGHT FORWARD | 455,941 | 142,692 | 598,633 | 396,082 | 142,692 | 538,774 | ||
| TOTAL FUNDS CARRIED FORWARD | 491,622 | 142,692 | 634,314 | 455,941 | 142,692 | 598,633 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 470,149 | 470,149 | |||
| TOTAL FIXEDASSETS | 470,149 | 470,149 | |||
| CURRENT ASSETS | |||||
| Debtors | 0 | 18,512 | |||
| Cash at bank | 203,330 | 169,366 | |||
| TOTAL CURRENT ASSETS | 203,330 | 187,878 | |||
| LIABILITIES | |||||
| CREDITORS: amounts | falling due | ||||
| within one year | 3,502 | 20,724 | |||
| NET CURRENT ASSETS | 199,828 | 167,154 | |||
| 669,977 | 637,303 | ||||
| CREDITORS: amounts | falling due | ||||
| after one year | 35,663 | 38,670 | |||
| NET ASSETS | 634,314 | 598,633 | |||
| THE FUNDS OF THE | CHARITY | ||||
| Unrestricted Funds |
491,622 | 455,941 | |||
| Restricted Funds |
142,692 | 142,692 | |||
| TOTAL CHARITY FUNDS | 634,314 | 598,633 |
| EXPEN | DITU | RE | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|---|
| Ministry | Humanitarian | fundraising | 2,700 | 3,965 | ||||
| Publicity and | ministry support costs |
3,550 | 5,609 | |||||
| Salaries | 25,794 | 72,496 | ||||||
| Speaker gifts, hospitality | and | |||||||
| mission donations |
20,561 | 17,351 | ||||||
| 52,605 | 99,421 | |||||||
| Grants | Payable | Assemblies | of God Projects | 4,327 | 4,081 | |||
| Church | Operating | Costs | Gas, Electricity and Water | 1,696 | 2,055 | |||
| Insurance | 1,926 | 1,723 | ||||||
| Repairs and | Maintenance | 14,134 | 6,381 | |||||
| 17,756 | 10,159 | |||||||
| Management | and | Administration | Bank and Gift Aid Charges | 164 | 1,377 | |||
| Independent | Examination | 752 | 752 | |||||
| Mortgage interest |
2,273 | 2,409 | ||||||
| Other Costs | 2,291 | 916 | ||||||
| Postage and | Stationery | 83 | 169 | |||||
| Professional | fees | 3,264 | 0 | |||||
| Refreshments | 2,636 | 1,058 | ||||||
| Telephone | 1,267 | 1,218 | ||||||
| Training | 1,215 | 0 | ||||||
| Website | 1,394 | 1,117 | ||||||
| 15,339 | 9,016 | |||||||
| TOTAL | EXPENDITURE | 90,027 | 122,677 |
| The staff costs were: | 2022 | 2021 |
|---|---|---|
| F | ||
| Wages and salaries | 23,124 | 68,238 |
| Social security costs | 1,805 | 2,982 |
| Other pension costs | 865 | 1,276 |
| 25,794 | 72,496 |
| The average weekly | number of staff employe |
d by the cha |
rity during the y | ear was 1 (20 | 21 - 2) |
|---|---|---|---|---|---|
| FIXEDASSETS | Church | Building | Moveable | Total | |
| Buildings | improvements | Equipment | |||
| E | |||||
| COST | Balance at 01.01.22 | 200,000 | 270,149 | 22,963 | 493,112 |
| Additions | 0 | 0 | 0 | 0 | |
| Disposals | 0 | 0 | 0 | ||
| Balance at 31.12.22 | 200,000 | 270,149 | 22,963 | 493,112 | |
| DEPRECIATION | Balance at 01.01.22 | 22,963 | 22,963 | ||
| Depeciation | 0 | 0 | |||
| Disposals | 0 | ||||
| Balance at 31.12.22 | 22,963 | 22,963 | |||
| NET BOOK VALUE | At 31.12.22 | 200,000 | 270,149 | 470,149 | |
| At 01.01.22 | 200,000 | 270,149 | 470,149 |
| DEBTORS: Due within one year | 2022 | 2021 | |||
| E | |||||
| Income tax recoverable | 0 | 18,512 | |||
| 0 | 18,512 | ||||
| CREDITORS | 2022 | 2021 | |||
| Due within | Due | after | Due within | Due after | |
| one year | one | year | one year | one year | |
| E | E | E | |||
| Accruals | 752 | 0 | 752 | 0 | |
| Mortgage | 2,750 | 35,663 | 2,500 | 38,670 | |
| Social security and other taxes | 0 | 0 | 17,472 | 0 | |
| 3,502 | 35,663 | 20,724 | 38,670 |
| Tangible | 2022 | Tangible | 2021 | |||||
|---|---|---|---|---|---|---|---|---|
| Asset | General | Total | Asset | General | Total | |||
| Funds | Funds | Funds | Funds | Funds | Funds | |||
| Church | Buildings | 200,000 | 0 | 200,000 | 200,000 | 0 | 200,000 | |
| Building | Improvements | 270,149 | 0 | 270,149 | 270,149 | 0 | 270,149 | |
| Tangible | Assets | 470,149 | 0 | 470,149 | 470,149 | 0 | 470,149 | |
| Debtors | 0 | 0 | 0 | 0 | 18,512 | 18,512 | ||
| Cash at | Bank | 0 | 203,330 | 203,330 | 0 | 169,366 | 169,366 | |
| Creditors | Due within one year | 2,750 | 752 | 3,502 | 2,500 | 18,224 | 20,724 | |
| Net Current | Assets | -2,750 | 202,578 | 199,828 | -2,500 | 169,654 | 167,154 | |
| Creditors | Due after one year | 35,663 | 0 | 35,663 | 38,670 | 0 | 38,670 | |
| -38,413 | 202,578 | 164,165 | -41,170 | 169,654 | 128,484 | |||
| Net Assets | 431,736 | 202,578 | 634,314 | 428,979 | 169,654 | 598,633 | ||
| General | Funds | 0 | 202,578 | 202,578 | 0 | 169,654 | 169,654 | |
| Designated | Funds | 289,044 | 0 | 289,044 | 286,287 | 0 | 286,287 | |
| Unrestricted | Funds | 289,044 | 202,578 | 491,622 | 286,287 | 169,654 | 455,941 | |
| Restricted | Funds | 142,692 | 0 | 142,692 | 142,692 | 0 | 142,692 | |
| Total Funds | 431,736 | 202,578 | 634,314 | 428,979 | 169,654 | 598,633 |