2023-03-31-accounts - Empower Global

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					Restricted	Unrestricted	TOTAL	TOTAL
					funds	funds	2023	2022
				Notes	E	E	E	E
INCOME
Donations and legacies					546,535	927,312	1,473,847	1,066,037
Trading income						12,629	12,629	12,664
Investment income						1,326	1,326	348
TOTAL INCOME					546p535	941267	1~487i802	1~079049
EXPENDITURE
Charitable activities					538,255	921,232	1,459,487	1,195,653
TOTAL EXPENDITURE					538,255	921,232	1,459,487	1,195,653
NET INCOME/(EXPENDITURE)			FORYEAR		8,280	20,035	28,315	(116,604)
Transfers between		funds
NET MOVEMENT	IN FUNDS				8,280	20,035	28,315	(116,604)
Fund balances at	1	April 2022			365,541	710,110	1,075,651	1,192,255
FUND BAlANCES	AT31MARCH 2023				373,821	730,145	1,103,966	1,075,651

BALANCE SHE	ET	AS AT31MARCH	2023
							2022
			Notes				E
FIXEDASSETS
Tangible assets					638,298		638,752
CURRENTASSETS
Stock				36,270		20,163
Debtors				29,554		28,239
Cash at bank and in hand				754,778		759,757
				820,602		808,159
CREDITORS: amounts		falling
due within	one year			(24,547)		(27,189)
NET CURRENT ASSETS					796,055		780,970
TOTAL ASSETS LESSCURRENT LIABILITIES					1,434,353		1,419,722
CREDITORS: amounts		falling due
after one	year		10		(330,387)		(344,071)
NETASSETS					1,103,966		1,075,651
FUNDS
Restricted funds			11		373,821		365,541
Unrestricted funds	- General		12		334,627		283,812
Unrestricted funds	- Designated		12		395,518		426,298
TOTAL FUNDS					1,103,966		1,075,651

CASHFLOW STATEMENT FOR THE YEAR ENDE	D 31MARCH	2023
		2023	2022
	Notes
NET CASH FLOW PROVIDED BYOPERATING ACTIVITIES		37,675	(83,896)
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received		1,326	348
Fixed asset additions		(19,603)	(11,063)
Proceeds from sale offixed assets		7,040	14,605
CASH FLOWS FROM FINANCING ACTIVITIES
Repayments of borrowing		(12,940)	(8,896)
Interest paid		(18,477)	(20,225)
NET CASH FLOW		(4,979)	(109,127)
Change in cash and cash equivalents in the period		(4,979)	(109,127)
Cash and cash equivalent at start ofthe period		759,757	868,884
Cash and cash equivalents at the end ofthe period		754,778	759,757

						2023		2022
				Notes
	Net income/(expense)		for the	year		28,315		(116,604)
	Interest received					(1,326)		(348)
	Interest paid					18,477		20,225
	Depreciation					19,267		28,366
	Profit on disposal of	fixed assets				(6,250)		(315)
	(Increase)/decrease	in	debtors			(1,315)		(13,765)
	Increase/(decrease)	in	creditors			(3,386)		1,531
	Increase in stock					(16,107)		(2,986)
	Net cash flow from operating			activities		37,675		(83,896)
2	ANALYSIS OF CASH AND CASH			EQUIVALENTS
						2023		2022
	Cash at bank and in hand					754,778		759,757
3	ANALYSIS OF CHANGES		IN NET DEBT		At		Other non-	At 31
					1April 2022	Cash flows	cash changes	31March 2023
	Cash at bank and in hand				759,757	(4,979)		754,778
	Debt due within one	year			(9,660)	(31,417)	30,673	(10,404)
	Debt due after one year				(344,071)		13,684	(330,387)
					406,026	(36,396)	44,357	413,987

DONATIONS AND LEGACIES	DONATIONS AND LEGACIES	Restricted	Unrestricted	TOTAL	TOTAL
		funds	funds	2023	2022
		E	E	E	E
Cash donations	and legacies	148,078	788,924	937,002	829,267
Gift Aid recoverable		13,809	138,388	152,197	135,544
Grants		157,332		157,332	73,506
Donations in kind		227,316		227,316	27,720
TOTAL DONATIONS AND LEGACIES		546,535	927,312	1,473,847	1,066,037
STAFF COSTS				2023	2022
				E	E
Salaries and wages				528,117	492,808
Social security costs				25,812	24,569
Pension contributions				15,595	15,640
				569,524	533,017

	2023	2022
	Number	Number
Pastors	11	10
Administration	9	8
Community	3	3
youth	2	2
Facilities	1	1
	26	24

EXPENDITURE		Restricted	Unrestricted	Total	Total
		funds	funds	2023	2022
		E	E	E	E
Costs directly allocated to activities
Wages and salaries (see note 4)		48,164	521,360	569,524	533,017
Grants and donations	(see note 6)	424,022	71,493	495,515	265,621
Motor expenses		2,576	6,020	8,596	8,706
Hire of halls and storage		1,179	77,370	78,549	76,015
Meeting expenses		40,775	73,172	113,947	90,988
Publicity		268	2,709	2,977	1,152
Hospitality		495	15,679	16,174	8,314
Travel and subsistence			499	499	229
Telephone		133	4,918	5,051	4,962
Printing, postage and	stationery	1,498	16,613	18,111	17,070
Stock and consumables					1,116
Property depreciation			5,852	5,852	15,083
Motor depreciation			2,665	2,665	3,554
Profit on disposal offixed assets			(6,250)	(6,250)	(315)
		519,110	792,100	1,311,210	1,025,512
Support costs allocated to activities
Office expenses			37,688	37,688	35,870
Fees and subscriptions			5,848	5,848	4,872
Insurance			12,221	12,221	13,938
Legal and professional	fees	518	2,670	3,188	37,872
Repairs and maintenance		17,299	29,398	46,697	36,564
Bank charges		1,328	3,986	5,314	5,231
Loan interest			18,477	18,477	20,225
Equipment depreciation			9,347	9,347	7,596
Computer equipment	depreciation		1,403	1,403	2 133
		19,145	121,038	140,183	164,301
Governance
Audit and accountancy			8,094	8,094	5,840
			8,094	8,094	5,840
TOTAL EXPENDITURE		538,255	921,232	1,459,487	1,195,653

E242,982to individuals. Gifts over E1,000 per institution a	re as follows:
	2023	2022
	E	E
Angel Home	13,500	8,000
Sonrise Church		2,000
Great Big Life	3,000	3,000
Stella's Voice	3,969	10,025
Assemblies ofGod	20,740	20,000

			Freehold	Motor	Fixtures	Computer
			property	vehicles	&equipment	equipment	Total
			E	E	E	E
	COST
	At beginning	ofyear	754,109	25,125	64,759	12,627	856,620
	Additions				18,644	959	19,603
	Disposals				(988)		(988)
	At end ofyear		754,109	25,125	82,415	13,586	875,235
	DEPRECIATION
	At beginning	ofyear	141,602	14,463	50,592	11,211	217,868
	Charge for the year		5,852	2,665	9,347	1,403	19,267
	On disposals				(198)		(198)
	At end ofyear		147,454	17,128	59,741	12,614	236,937
	NET BOOK VALUE
	At end ofyear		606,655	7,997	22,674	972	638,298
	At beginning	ofyear	612,507	10,662	14,167	1,416	638,752
8	DEBTORS					2023	2022
						E	E
	Income tax	recoverable				13,504	11,916
	Prepayments	and accrued income				11,925	14,909
	Other debtors					4,125	1,414
						29,554	28,239

NOTES TO THE A	CCOUNTS FOR THE YEAR ENDED 31MARCH	2023
CREDITORS: amounts	falling due within one year	2023	2022
		E	E
Bankloans		10,404	9,660
Other creditors		1,597	6,905
Accruals and deferred	income	12,546	10,624
		24,547	27,189
CREDITORS: amounts	falling due after more than one year	2023	2022
		E	E
Bankloans		330,387	344,071

RESTRICTED FUN	DS
		Balance at				Balance at
		1April 2022	Income	Expenditure	Transfers	31March 2023
		E	E	E	E	E
Buildings and Facilities
Building Fund		205,492	11,143	(259)		216,376
Church Growth and Vision Fund		66,495	50,221	(63,039)		53,677
Missions
Family Church Global Outreach		18,201	41,443	(50,460)		9,184
Community Projects
Caring Hands		34,545	148,431	(125,457)		57,519
Baby Basics		13,374	223,809	(215,389)		21,794
Community Funday		3,716	5,182	(6,788)		2,110
PCCSchool meals and food hampers		1,542		(1,542)
SEN		5,000		(2,240)		2,760
Connect4Communities		9,603	14,000	(23,035)		568
Kickstart		2,356	6,240	(8,557)		39
Projects for Young	People
Momentum		1,358	21,545	(21,515)		1,388
Supporting Family	Church People
Ladies ministry		2,234	11,051	(12,797)		488
Mens ministry			1,170	(1,170)
Leadership Events
Love Portsmouth	(iesus) App	1,625		(1,500)		125
One Body Coordinator			9,800	(2,007)		7,793
Gift for Steuart &Car(a Payne			2,500	(2,500)
		365,541	546,535	(538,255)		373,821

ANALYSIS OF NET ASSETS BETVYEEN FUNDS
	Restricted	Unrestricted	TOTAL
	funds	funds	2023
year ended 31Morch 2023	E	E	E
Tangible fixed assets		638,298	638,298
Current assets	373,821	446,781	820,602
Current liabilities		(24,547)	(24,547)
Long term liabilities		(330,387)	(330,387)
	373,821	730,145	1,103,966

		Restricted	Unrestricted	TOTAL
		funds	funds	2022
Year ended 31March 2022		E	E	E
Tangible	fixed assets		638,752	638,752
Current	assets	365,541	442,618	808,159
Current	liabilities		(27,189)	(27,189)
Long term liabilities			(344,071)	(344,071)
		365,541	710,110	1,075,651

The company has commitments	2023	2022
	E	E
Within one year	20,079	20,079
After more than one year	104,316	122,759
	124,394	142,838

				Restricted	Unrestricted	TOTAL
				funds	funds	2022
			Notes	E	E	E
INCOME
Donations and legacies				280,427	785,610	1,066,037
Trading income					12,664	12,664
Investment income					348	348
TOTAL INCOME				280,427	798,622	1,079,049
EXPENDITURE
Chori table activities			5	248,651	947,002	1,195,653
TOTAL EXPENDITURE				248,651	947,002	1,195,653
NET INCOME/(EXPENDITURE)		FOR YEAR		31,776	(148,380)	(116,604)
NET MOVEMENT	IN FUNDS			31,776	(148,380)	(116,604)
Fund balances at	1April 2021			333,765	858,490	1,192,255
FUND 8ALANCES	AT31MARCH 2022			365,541	710,110	1,075,651

				Balance at				Balance at
				1April 2021	Income	Expenditure	Transfers	31March 2022
				E	E	E	E	E
Buildings and Facilities
Building Fund				205,492				205,492
Church Growth		and Vision Fund		45,851	71,211	(50,567)		66,495
Missions
Family Church	Missions Fund			10,730	61,339	(53,868)		18,201
Mission Trips				3,694		(3,694)
Community Projects
Caring Hands				15,102	44,519	(39,489)	14,413	34,545
Baby Basics				28,767	16,805	(17,785)	(14,413)	13,374
Community funday				3,941	5,408	(5,633)		3,716
Barclays COVID		project		9,554	180	(9,734)
PCC School Meals and food hampers					6,000	(4,458)		1,542
SEN					5,000			5,000
Connect4Communities					22,145	(12,542)		9,603
Kickstart					10,189	(7,833)		2,356
Projects for young		People
Momentum				2,838	21,570	(23,050)		1,358
Supporting Family		Church People
Widows Fund				991		(991)
Ladies ministry					4,398	(2,164)		2,234
Mens ministry					10,863	(10,863)
Leadership Events
Empower Bible	Academy			3,380	800	(4,180)
Love Portsmouth		(lesus) App		3,425		(1,800)		1,625
				333,765	280,427	(248,651)		365,541
UNRESTRICTED		FUNDS		At				At
				1April			Transfer of	31March
				2021	Income	Expenditure	funds	2022
				E	E	E		E
Bridgemary Building			Fund	45,000				45,000
Portsmouth Building			Fund	13,000				13,000
National Family		Church Future Fund		112,600		(86,502)		26,098
GCC Fund				51,848			(51,848)
Gosport Building		Fund				(3,986)	51,848	47,862
Church Growth	and Vision Fund			18,291				18,291
Portsmouth Local Fund					19,317	(2,046)		17,271
Property capital		fund		264,963		(35,429)	29,242	258,776
Total designated		funds		505,702	19,317	(127,963)	29,242	426,298
General funds				352,788	779,305	(819,039)	(29,242)	283,812
Total unrestricted		funds		858,490	798,622	(947,002)		710,110