|||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'.|
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|||||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|
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||||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|
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|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|
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|||||||
|---|---|---|---|---|---|
|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|