OpenCharities

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
Reference and Administrative Details
Trustee Responsibilities
Annual Report ofthe Trustees 4-6
Independent
Examiner's
Report
Statement of Financial Activities
Balance Sheet
Cashflow Statement
10
Notes to the Financial Statements 11 —15

CHARITY REGISTRATION NUMBER: 1058369
TRUSTEES: The Very Reverend
Andrew
Professor Peter Toyne CBE		 Nunn —retired July 2023
Mrs Linda Hutchinson
Mr Amir Eden
Mrs Helen Quintrell
Mr Nicholas Chapman
The Reverend
Canon Wendy		 Robins
Mrs Rosalind Cordner
REGISTERED ADDRESS; Learning
Centre
Southwark
Cathedral
Montague
Close
London
SE19DA
INDEPENDENT EXAMINER: Tudor John Ltd
Chartered
Accountants
Nightingale
House
46/48 East Street
Epsom
Surrey
KT'IT 1HQ
BANKERS: CAF Bank Limited
25 Kings Hill Avenue
Kings
Hill
West Mailing
Kent
ME19AJQ
The CBFChurch of England Funds
80Cheapside
London ECZV 6DZ
SOLICITORS: Winckworth
Sherwood,
35Great Peter Street, Westminster,
London
SWIP3LR

31st March 2023 31st March 2023 31st March 2023 31st March 2022 31st March 2022 31st March 2022
Restricted
Funds		 Unrestricted
Funds		 Total
Funds		 Restricted
Funds		 Unrestricted
Funds		 Total
Funds
6 E 5 F
Incoming Resources
Grants received
Donations
Gift Aid
Income from schools
Investment
income		 [3)
[41		 25,626 2,485
329
12,392
2,235		 25,626
2,485
329
12,392
2,235		 31,825 7,200
6,425
1,382
5.658
52		 39,025
6,425
1,382
5,658
52
25,626 17,441 43,067 31,825 20,717 52,542
Resaurces Expended
Salaries and pension
Rent and services
Depreciation
Other expenses		 [5]
[6)		 5,626
20,000		 13,394
1,596
4.044		 19,020
20,000
1,596
4,044		 11,825
20,000		 11,256
1,437
2,733		 23,081
20,000
1,437
2,733
25,626 19,034 44,660 31,825 15,426 47,251
Net incoming
/ (outgoing)
resources		 (1,593) {1,593) 0 5,291 5,291
Transfers
between
funds		 [10] (150) 150 {150) 150
Net movement
in funds		 {150) (1,443) (1,593) (150) 5,441 5,291
Total funds brought
forward		 150 'I13,745 113,895 300 108,304 108,604
Total funds carried forward 112,302 112,302 150 113.745 113,895

Notes 31st March 2023 31st March 2022
8 E
Non-Current
Assets
Tangible
Fixed Assets		 2,470
Current Assets
Debtors: amounts
Cash at bank and		 falling due within one year
in hand		 1,476
120,782		 1,791
114,318
122,258 116,109
Current
Liabilities
Creditors: amounts falling due within one year (91 11,314 4,684
11,314 4,684
Net Current Assets 110,944 111,425
Net Assets 112,302 113,895
Representing:
Unrestricted
funds		 [101 112,302 113,745
Restricted funds 150
Total Charity Funds 112,302 113,895

Notes 31st March 2023 31stMarch 2022
5 5
Cash flows from operating activities
Cash generated
from operations
Cash flows from investing activities
Purchases
of Fixed Assets		 (484) (3,099)
Net change
in cash and cash equivalents		 in the
reporting
period		 5,567
Cash and cash equivalents at the beginning ofthe year 114,318 108,751
Cash and cash equivalents
period		 at the end of the reporting 120,782 114,318

31st March 2023 31st March 2022
Restricted Funds - Grants
Southwark
Cathedral
Coronavirus
Job Retention
Scheme
Cathedral
Partnership
(Southwark
Cathedral)		 20,000
5,626		 20,000
6,200
5.625
25,626 31,825
I stsiruc ir o
ruh's
31st March 2023 31st March 2022
E
Unrestricted Funds - Grants
Hamilton Rees Trust Grant 6,200
Worshipful Company of Launderers 1,000
7,200

31st March 2023 31stMarch 2022
E
Unrestricted Funds
Circle Of Support 2,485 2425
Donations 4,000
2,485 6,425

5. EMPLOYEE COSTS
31st March 2023 31st March 2022
6
Wages
Social		 and salaries
security costs		 18,158 21,915
Defined contribution pension costs 862 1,166
19,020 23,081

31stMarch 2023 31stMarch 2022
6 5
Education supplies 2,040 1,002
Insurance 168 140
Workshops &volunteers
Bank charges 72 96
Other expenses 1,764 1,495
2,733

7.
TANGIBLE FIXEDASSETS
Fixtures & Computers
Fittings &Software
f f
Cost
As at 1"April 2022 5,860 3,099 8,959
Additions
As a31"March 2023		 5,860 484
3,583		 484
9,443
Accumulated
Depreciation
As at 1"April 2022
Charge for the year
As at 31sMarch 2023		 5,456
404
5,860		 1,033
1,192
2,225		 6,489
1,596
8,085
Net Book Value at31"March 2022 404 2,066 2,470
Net Book Value at31"March 2023 1,358 1,358

31stMarch 2023 31st March 2022
F
Amounts owed from schools 248 409
Other debtors 1,228 1,382
1,476 1,791

9.
CREDITORS: AMOUNTS
FALLING D		 UE WITHIN ONE YEAR
31st March 2023 31st INarch 2022
f f
Accrued expenses 3,348 1,300
Deferred income 3,384
Other Creditors 4,360
11,314

10.ANALYSIS OF CHARITABLE FUNDS
Restricted Unrestricted
Funds Funds Total
Funds at 1«April 2021 300 108,304 108,604
Incoming resources
Resources expended
Transfers between
funds		 31,825
(31,825)
(150)		 20,717
(15,426)
150		 52,542
(47,251)
Total funds at 31«March 2022 150 113,745 113,895
Funds at 1«April 2022 150 113,745 113.895
Incoming resources 25,626 1?,441 43,067
Resources expended (25,626) (19,034) (44,660)
Transfers
between funds		 (150) 150
Total funds at 31"March 2023 - 112,302 112,302

31st March 2023 31stMarch 2022
6
Net income/(expenditure)
for the reporting		 period (1,593) 5,291
Adjustments
for:
Depreciation
on fixed assets		 1,596 1,437
Decrease
/ (increase)
in debtors		 315 358
increase/(decrease)
in creditors		 6,630 1,580
Net cash provided
by/ (used in) operating		 activities 6,948 8,666