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2022-12-31-accounts

REGISTERED CHARITY NUMBER: 1062301

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

CHAFFORD HUNDRED COMMUNITY CHURCH

Brindley Millen Ltd 167 Turners Hill

Cheshunt Hertfordshire EN8 9BH

CHAFFORD HUNDRED COMMUNITY CHURCH

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 December 2022

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Cash Flow Statement 7
Notes to the Cash Flow Statement 8
Notes to the Financial Statements 9 to 15
Detailed Statement of Financial Activities 16 to 17

CHAFFORD HUNDRED COMMUNITY CHURCH

REPORT OF THE TRUSTEES

for the Year Ended 31 December 2022

The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The charity's objects are the advancement of the Christian religion and education through regular meetings of public worship, study groups, youth groups and by other charitable purposes that from time to time may be determined by the charitable trustees.

CHCC has a clear vision for the areas of Thurrock and Basildon and constantly seeks to fulfil that vision through a combination of social outreach and Christian teaching. The programme of events is far reaching and includes:

Significant activities

  1. Average church attendance for Sunday Worship across all four sites Chafford Hundred, Chadwell St Mary, Basildon and Ockendon, was reduced to 292 in 2022 with a number of persons continuing to join the services via live stream.

  2. Life Groups continued to operate during the year. These groups are managed regionally and have started to form conduits into the community for outreach and evangelism. Life groups operate on a weekly basis where people have the opportunity to explore the Christian Faith in a more intimate environment and to have detailed discussions about the Sermon preached in Church each Sunday.

  3. The social action arm of the church is called 180 Project. In 2022 the project did the following:

  4. The MADE Programme which gives a wide range of educational, practical and emotional support to young people who are disengaging at school.

  5. Supported the Sozo Foundation in Muizenburg, South Africa.

  6. Provided the 'Christians Against Poverty' Course.

  7. Families Support

  8. Vulnerable Migrants Ministry

  9. Uniform Project

  10. Café Connect

  11. Mother and Toddlers Group

  12. During the year the Church used the services of Ellis Whittam a professional Human Resource and Employment Law service to look after all their staffing requirements including staff contracts and employment policies.

Page 1

CHAFFORD HUNDRED COMMUNITY CHURCH

REPORT OF THE TRUSTEES

for the Year Ended 31 December 2022

FINANCIAL REVIEW

Financial position

Incoming Resources for the financial year 2022 amounted to £458,355 (2021 - £449,793) while resources expended totalled £471,654 (2021 - £387,350). The Net Outgoing resources of the Charity amounted to a deficit of £13,299 (2021 - surplus of £62,443).

The Balance Sheet shows total funds of £639,498 (2021 - £652,797).

The Financial Statements shows the Charity's financial position at 31/12/22.

The church's breakdown of General Income in the year was:

£ £
2022 2021
Voluntary sources - collections 295,165 334,036
Reclaimed tax including interest 60,873 61,181
Income from other sources 41,684 11,254
Interest on accounts 883 92
398,605 406,563

CHCC has sound financial and budgetary procedures in place, and day to day transactions are carried out by the Finance Officer supported by the Treasurer and Finance Committee.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charity, registered with the Charity Commission on 12 May 1997. The charity was established under a constitution, which includes specific objects and powers.

Recruitment and appointment of new trustees

Trustees are recruited from within the church membership. They are active, reliable members, of reasonably long standing. They are people who clearly demonstrate their understanding and commitment to the vision and values of the church and are deemed to be of good Christian character. Furthermore, they are people who demonstrate a competence commensurate with the fulfilment of the responsibilities of Trustees.

New Trustees are proposed by existing Trustees, in consultation with the Church Leadership. Each Trustee is appointed to a specific role and function of the Board. New Trustees are then invited to attend regular Trustees' meetings with full decision-making power. Trustees are supplied with information from Charities Commission which gives the details and responsibilities of the role of Trustee.

Organisational leadership

Chafford Hundred Community Church is governed by the Trustees in accordance with the governing document. The trustees meet at least 4 times each year. Trustees are guided by the vision presented by Church Eldership and delegate the day to day leadership of the church to the employed staff and to the Site Leadership teams. The Trustee Board is independent from the church Leadership Teams.

Key management remuneration

The remuneration of key management personnel is set by the trustees, taking into account the responsibility of the role, periodic benchmarking and current levels of inflation. Individuals take no part in discussions involving their own remuneration

Wider network

Chafford Hundred Community Church is an independent church, under the banner of Relational Mission, which is part of the Newfrontiers family of churches. The church cooperates and liaises with a number of other local churches and organisations in Eastern Europe and various parts of Africa.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1062301

Page 2

CHAFFORD HUNDRED COMMUNITY CHURCH

REPORT OF THE TRUSTEES

for the Year Ended 31 December 2022

Principal address 1st Floor, Unit 2 Lakeside Business Village Fleming Road Chafford Hundred Essex RM16 6EW

Trustees

D Bareham J Morgan S Raj C Coles G Walters T Fawehinmi I Nwaiwu A Adepeju

Independent Examiner Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH Jul 21, 2023 Approved by order of the board of trustees on ............................................. and signed on its behalf by:

..............................................................................Gloria Walters (Jul 21, 2023 11:46 GMT+1) G Walters - Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHAFFORD HUNDRED COMMUNITY CHURCH

Independent examiner's report to the trustees of Chafford Hundred Community Church

I report to the charity trustees on my examination of the accounts of Chafford Hundred Community Church (the Trust) for the year ended 31 December 2022.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Institute of Chartered Accountants in England and Wales which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

mwbrindley

mwbrindley (Aug 16, 2023 09:48 GMT+1)

Maurice Brindley BSc FCA Institute of Chartered Accountants in England and Wales Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH

Date: .............................................Aug 16, 2023

Page 4

CHAFFORD HUNDRED COMMUNITY CHURCH

STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2022

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
391,545
Investment income
3
7,060
Other income
-
Total
398,605
EXPENDITURE ON
Charitable activities
4
General Fund
229,160
Project Fund
32,104
Gospel Project
-
Other
125,867
Total
387,131
NET INCOME/(EXPENDITURE)
11,474
Transfers between funds
13
(37,068)
Net movement in funds
(25,594)
RECONCILIATION OF FUNDS
Total funds brought forward
652,797
TOTAL FUNDS CARRIED FORWARD
627,203		 31.12.22
31.12.21
Restricted
Total
Total
funds
funds
funds
£
£
£
59,750
451,295
437,434
-
7,060
9,427
-
-
2,932
59,750
458,355
449,793
-
229,160
217,402
73,128
105,232
76,489
5,695
5,695
-
5,700
131,567
93,459
84,523
471,654
387,350
(24,773)
(13,299)
62,443
37,068
-
-
12,295
(13,299)
62,443
-
652,797
590,354
12,295
639,498
652,797		 31.12.22
31.12.21
Restricted
Total
Total
funds
funds
funds
£
£
£
59,750
451,295
437,434
-
7,060
9,427
-
-
2,932
59,750
458,355
449,793
-
229,160
217,402
73,128
105,232
76,489
5,695
5,695
-
5,700
131,567
93,459
84,523
471,654
387,350
(24,773)
(13,299)
62,443
37,068
-
-
12,295
(13,299)
62,443
-
652,797
590,354
12,295
639,498
652,797
449,793
217,402
76,489
-
93,459
387,350
62,443
-
62,443
590,354
652,797

The notes form part of these financial statements

Page 5

CHAFFORD HUNDRED COMMUNITY CHURCH

BALANCE SHEET

31 December 2022

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
9
6,789
Investment property
10
230,000
236,789
CURRENT ASSETS
Debtors
11
22,446
Cash at bank and in hand
390,720
413,166
CREDITORS
Amounts falling due within one year
12
(22,752)
NET CURRENT ASSETS
390,414
TOTAL ASSETS LESS CURRENT LIABILITIES
627,203
NET ASSETS
627,203
FUNDS
13
Unrestricted funds
Restricted funds
TOTAL FUNDS
The financial statements were approved by the Board of Trustees and authorised for
signed on its behalf by:		 31.12.22
31.12.21
Restricted
Total
Total
funds
funds
funds
£
£
£
-
6,789
7,987
-
230,000
230,000
-
236,789
237,987
-
22,446
10,364
12,295
403,015
431,493
12,295
425,461
441,857
-
(22,752)
(27,047)
12,295
402,709
414,810
12,295
639,498
652,797
12,295
639,498
652,797
627,203
652,797
12,295
-
639,498
652,797
issue on .............................................
and were
Jul 21, 2023

David Bareham (Aug 15, 2023 12:03 GMT+1)

............................................. D Bareham - Trustee

Gloria Walters (Jul 21, 2023 11:46 GMT+1) ............................................. G Walters - Trustee

The notes form part of these financial statements

Page 6

CHAFFORD HUNDRED COMMUNITY CHURCH

CASH FLOW STATEMENT

for the Year Ended 31 December 2022

31.12.22 31.12.21
Notes £ £
Cash flows from operating activities
Cash generated from operations 1 (29,361) 101,021
Net cash (used in)/provided by operating activities (29,361) 101,021
Cash flows from investing activities
Interest received 883 92
Net cash provided by investing activities 883 92
Change in cash and cash equivalents in the
reporting period (28,478) 101,113
Cash and cash equivalents at the beginning of
the reporting period 431,493 330,380
Cash and cash equivalents at the end of the
reporting period 403,015 431,493

The notes form part of these financial statements

Page 7

CHAFFORD HUNDRED COMMUNITY CHURCH

NOTES TO THE CASH FLOW STATEMENT for the Year Ended 31 December 2022

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

ACTIVITIES
31.12.22 31.12.21
£ £
Net (expenditure)/income for the reporting period (as per the Statement of
Financial Activities) (13,299) 62,443
Adjustments for:
Depreciation charges 1,198 1,409
Interest received (883) (92)
(Increase)/decrease in debtors (12,082) 34,729
(Decrease)/increase in creditors (4,295) 2,532
Net cash (used in)/provided by operations (29,361) 101,021
  1. ANALYSIS OF CHANGES IN NET FUNDS
At 1.1.22 Cash flow At 31.12.22
£ £ £
Net cash
Cash at bank and in hand 431,493 (28,478) 403,015
431,493 (28,478) 403,015
Total 431,493 (28,478) 403,015

The notes form part of these financial statements

Page 8

CHAFFORD HUNDRED COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 December 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements and assessment of going concern

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling (£).

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Critical accounting judgements and key sources of estimation uncertainty

In preparing financial statements it is necessary to make certain judgements, estimated and assumptions that affect the amounts recognised in the financial statements. The following judgements and estimates are considered by the trustees to have most significant effect on amounts recognised in the financial statements.

Useful economic life of tangible fixed assets:

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 15% on reducing balance

Items of music and audio/visual equipment are written off in the year of purchase.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

Taxation

The charity is exempt from tax on its charitable activities.

Cash at bank and in hand

Cash at bank and in hand includes cash and bank accounts with no withdrawal limits.

Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.

Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.

Financial Instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

continued...

Page 9

CHAFFORD HUNDRED COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022

1. ACCOUNTING POLICIES - continued

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
31.12.22 31.12.21
£ £
General offerings and donation 346,159 337,036
Gift aid 63,226 61,443
Grants 12,327 18,152
Miscellaneous 1,682 121
180 Project Including Grants 27,901 20,510
Youth and Children's Work - 172
451,295 437,434
Grants received, included in the above, are as follows:
31.12.22 31.12.21
£ £
Barchester Health - 1,250
COOP 1,323 -
Family in Need 5,004 5,004
Harris Academy Chafford Hundred - 11,898
P & G 6,000 -
12,327 18,152
INVESTMENT INCOME
31.12.22 31.12.21
£ £
Rents received 6,177 9,335
Deposit account interest 883 92
7,060 9,427

3. INVESTMENT INCOME

continued...

Page 10

CHAFFORD HUNDRED COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022

4. CHARITABLE ACTIVITIES COSTS

General Fund
Project Fund
Gospel Project
5.
SUPPORT COSTS
General Fund
Gospel Project
6.
TRUSTEES' REMUNERATION AND BENEFITS
Trustees' salaries
Trustees' social security
Trustees' pensions paid		 Support
Direct
costs (see
Costs
note 5)
Totals
£
£
£
224,687
4,473
229,160
105,232
-
105,232
5,609
86
5,695
335,528
4,559
340,087
Finance
Other
Totals
£
£
£
1,857
2,616
4,473
86
-
86
1,943
2,616
4,559
31.12.22
31.12.21
£
£
38,301
37,864
4,253
2,666
1,149
1,136
43,703
41,666		 Totals
£
229,160
105,232
5,695		 Totals
£
229,160
105,232
5,695
340,087
41,666

One of the trustees, Mr D. Bareham, was paid a salary during the year for work undertaken on behalf of the charity. None of this salary related to his role as a trustee.

Trustees' expenses

Any expenses paid to trustees are direct reimbursements of costs incurred by them in respect of payments made for charitable activities on behalf of the church.

Key management personnel

The charity considers its key management personnel to comprise the trustees and Elders. Total key management personnel remuneration and benefits for the year are £43,702 (2021: £41,666).

7. STAFF COSTS

STAFF COSTS
31.12.22 31.12.21
£ £
Wages and salaries 226,402 199,114
Social security costs 11,938 10,429
Other pension costs 5,439 4,417
243,779 213,960
The average monthly number of employees during the year was as follows:
31.12.22 31.12.21
Administrative 8 8

No employees received emoluments in excess of £60,000.

continued...

Page 11

CHAFFORD HUNDRED COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022

8.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
395,391
Investment income
9,427
Other income
1,745
Total
406,563
EXPENDITURE ON
Charitable activities
General Fund
217,402
Project Fund
28,437
Other
93,459
Total
339,298
NET INCOME/(EXPENDITURE)
67,265
Transfers between funds
(4,822)
Net movement in funds
62,443
RECONCILIATION OF FUNDS
Total funds brought forward
590,354
TOTAL FUNDS CARRIED FORWARD
652,797
9.
TANGIBLE FIXED ASSETS
COST
At 1 January 2022 and 31 December 2022
DEPRECIATION
At 1 January 2022
Charge for year
At 31 December 2022
NET BOOK VALUE
At 31 December 2022
At 31 December 2021		 Restricted
Total
funds
funds
£
£
42,043
437,434
-
9,427
1,187
2,932
43,230
449,793
-
217,402
48,052
76,489
-
93,459
48,052
387,350
(4,822)
62,443
4,822
-
-
62,443
-
590,354
-
652,797
Plant and
machinery
£
18,000
10,013
1,198
11,211
6,789
7,987		 Total
funds
£
437,434
9,427
2,932
449,793
217,402
76,489
93,459
387,350
62,443
-
62,443
590,354
652,797

continued...

Page 12

CHAFFORD HUNDRED COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022

10. INVESTMENT PROPERTY

INVESTMENT PROPERTY
FAIR VALUE
At 1 January 2022
and 31 December 2022
NET BOOK VALUE
At 31 December 2022
At 31 December 2021		 £
230,000
230,000
230,000

The investment property was re-valued by Henderson Wood on 5th June 2021.

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£ £
Tax Recoverable 17,186 10,364
Prepayments 5,260 -
22,446 10,364
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£ £
Trade creditors 2,273 9,523
Taxation and social security 1,100 3,333
Other creditors 19,379 14,191
22,752 27,047
13. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.1.22 in funds funds 31.12.22
£ £ £ £
Unrestricted funds
General fund 648,029 43,577 (70,879) 620,727
Project Fund - 10% Fund 4,768 (32,103) 30,811 3,476
Office Dilapidations - - 3,000 3,000
652,797 11,474 (37,068) 627,203
Restricted funds
180 Project - Hardship fund - (29,318) 29,318 -
The Romford Gospel Project - 4,545 7,750 12,295
- (24,773) 37,068 12,295
TOTAL FUNDS 652,797 (13,299) - 639,498

continued...

Page 13

CHAFFORD HUNDRED COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022

13. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
398,604
Project Fund - 10% Fund
1
398,605
Restricted funds
180 Project - Hardship fund
43,810
The Romford Gospel Project
15,940
59,750
TOTAL FUNDS
458,355
Comparatives for movement in funds
Net
movement
At 1.1.21
in funds
£
£
Unrestricted funds
General fund
588,484
95,702
Project Fund - 10% Fund
1,870
(28,437)
590,354
67,265
Restricted funds
180 Project - Hardship fund
-
(4,822)
TOTAL FUNDS
590,354
62,443
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
406,563
Project Fund - 10% Fund
-
406,563
Restricted funds
180 Project - Hardship fund
43,230
TOTAL FUNDS
449,793		 Resources
Movement
expended
in funds
£
£
(355,027)
43,577
(32,104)
(32,103)
(387,131)
11,474
(73,128)
(29,318)
(11,395)
4,545
(84,523)
(24,773)
(471,654)
(13,299)
Transfers
between
At
funds
31.12.21
£
£
(36,157)
648,029
31,335
4,768
(4,822)
652,797
4,822
-
-
652,797
Resources
Movement
expended
in funds
£
£
(310,861)
95,702
(28,437)
(28,437)
(339,298)
67,265
(48,052)
(4,822)
(387,350)
62,443

continued...

Page 14

CHAFFORD HUNDRED COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022

13. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Project Fund - 10% Fund
Office Dilapidations
Restricted funds
180 Project - Hardship fund
The Romford Gospel Project
TOTAL FUNDS		 Net
movement
At 1.1.21
in funds
£
£
588,484
139,279
1,870
(60,540)
-
-
590,354
78,739
-
(34,140)
-
4,545
-
(29,595)
590,354
49,144		 Transfers
between
At
funds
31.12.22
£
£
(107,036)
620,727
62,146
3,476
3,000
3,000
(41,890)
627,203
34,140
-
7,750
12,295
41,890
12,295
-
639,498		 Transfers
between
At
funds
31.12.22
£
£
(107,036)
620,727
62,146
3,476
3,000
3,000
(41,890)
627,203
34,140
-
7,750
12,295
41,890
12,295
-
639,498
627,203
-
12,295
12,295
639,498

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Project Fund - 10% Fund
Restricted funds
180 Project - Hardship fund
The Romford Gospel Project
TOTAL FUNDS		 Incoming
resources
£
805,167
1
805,168
87,040
15,940
102,980
908,148		 Resources
Movement
expended
in funds
£
£
(665,888)
139,279
(60,541)
(60,540)
(726,429)
78,739
(121,180)
(34,140)
(11,395)
4,545
(132,575)
(29,595)
(859,004)
49,144		 Resources
Movement
expended
in funds
£
£
(665,888)
139,279
(60,541)
(60,540)
(726,429)
78,739
(121,180)
(34,140)
(11,395)
4,545
(132,575)
(29,595)
(859,004)
49,144
78,739
(34,140)
4,545
(29,595)
49,144

14. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2022.

Page 15

CHAFFORD HUNDRED COMMUNITY CHURCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2022

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31 December 2022
31.12.22 31.12.21
£ £
INCOME AND ENDOWMENTS
Donations and legacies
General offerings and donation 346,159 337,036
Gift aid 63,226 61,443
Grants 12,327 18,152
Miscellaneous 1,682 121
180 Project Including Grants 27,901 20,510
Youth and Children's Work - 172
451,295 437,434
Investment income
Rents received 6,177 9,335
Deposit account interest 883 92
7,060 9,427
Other income
Job Retention Scheme - 2,932
Total incoming resources 458,355 449,793
EXPENDITURE
Charitable activities
Trustees' salaries 38,301 37,864
Trustees' social security 4,253 2,666
Trustees' pensions paid 1,149 1,136
Wages 188,101 161,250
Social security 7,685 7,763
Pensions 5,439 4,417
Youth Work 2,092 670
Alpha Expenses - 293
Other 180 Project Costs 11,443 10,283
Donations 53,323 53,155
Children's Work 1,622 963
Pastoring 11,066 7,418
Licences/Subscriptions 438 55
Travel - 4
Staff development and training 4,030 1,915
Teaching materials 586 44
No description 6,000 -
335,528 289,896
Other
Rent 58,889 32,520
Equipment 4,014 1,618
Office Costs 43,774 40,324
Refreshments 2,654 1,701
Stationery and Postage 338 235
Miscellaneous 6,736 2,101
Training 4,698 2,236
Computer Costs 5,789 7,655
Carried forward 126,892 88,390

This page does not form part of the statutory financial statements

Page 16

CHAFFORD HUNDRED COMMUNITY CHURCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2022

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31 December 2022
31.12.22 31.12.21
£ £
Other
Brought forward 126,892 88,390
Insurance 3,477 3,660
Plant and machiney depreciation 1,198 1,409
131,567 93,459
Support costs
Finance
Bank charges 1,943 1,379
Other
Accountancy 2,616 2,616
Total resources expended 471,654 387,350
Net (expenditure)/income (13,299) 62,443

This page does not form part of the statutory financial statements

Page 17