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2022-03-31-accounts

REGISTERED CHARITY NUMBER: 1067773

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR THE GOOD SHEPHERD HOMES (UK)

THE GOOD SHEPHERD HOMES (UK)

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Page
Report of the Trustees 1
Statement of Financial Activities 2
Balance Sheet 3
Notes to the Financial Statements 4-5
Detailed Statement of Financial Activities 6

THE GOOD SHEPHERD HOMES (UK)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

The trustees present their report with the financial statements of the charity for the year ended 31 MARCH 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' and Charities Act 2011.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1067773

Registered office

4 New Inn court 54 Matham Road East Molesey KT8 0BE

Trustees

G Vandervegt David John Lamb

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Principal Activity

The principal activities of the charity are the advancement of the Christian religion, to relieve poverty, sickness and distress and advance education in particular of children and young people by establishing schools and medical facilities and to cater for the spiritual well being of both the members and that if visiting worshippers.

ON BEHALF OF THE BOARD :

............................................. G Vandervegt

Date:31/01/2023

THE GOOD SHEPHERD HOMES (UK)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

2022
Unrestricted
funds
Notes
£
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary income
50,903
Investment income
Investment income
-
Total incoming resources
50,903
RESOURCES EXPENDED
Charitable activities
Charitable Activities
57,807
Governance costs
1,162
Total resources expended
58,969
NET INCOMING RESOURCES
(8066)
RECONCILIATION OF FUNDS
Total funds brought forward
17,414
TOTAL FUNDS CARRIED FORWARD
17,414
2021
Total
funds
£
76,920
-
76,920
52,776
1,554
54,330
22,590
25,480
25,480

The notes form part of these financial statements

THE GOOD SHEPHERD HOMES (UK)

BALANCE SHEET AT 31 MARCH 2021

2022
Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
4
183
CURRENT ASSETS
Cash at bank
17,667
Prepayment
1,053
18,720
CREDITORS
Amounts falling due within one year
5
(1,489)
NET CURRENT ASSETS
17,231
TOTAL ASSETS LESS CURRENT
LIABILITIES
17,414
NET ASSETS
17,414
FUNDS
6
Unrestricted funds
17,414
TOTAL FUNDS
17,414
2021
Total
funds
£
229
25,141
1,250
26,391
(1,440)
25,251
25,480
25,480
25,480
25,480

The financial statements were approved by the Board of Trustees on 31/01/2023 and were signed on its behalf by:

............................................. G Vandervegt - trustee

The notes form part of these financial statements

THE GOOD SHEPHERD HOMES (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

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.

Fund accounting

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

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

2. INVESTMENT INCOME

2022 2021
£ £
Bank accounts interest - -

3. TRUSTEES' REMUNERATION AND BENEFITS

Trustees' Expenses

There were no trustees' expenses paid neither for the year ended 31 MARCH 2022 nor for the year ended 31 March 2021.

THE GOOD SHEPHERD HOMES (UK)

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2022

4. TANGIBLE FIXED ASSETS

4. TANGIBLE FIXED ASSETS
Plant and
machinery etc
£
COST
At 01 April 2021 and 31 MARCH 2022 5,710
DEPRECIATION
At 1 April 2021 5,481
Charge for year 46
At 31 MARCH 2022 5,527
NET BOOK VALUE
At 31 MARCH 2022 183
At 31 March 2021 229
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Other creditors 1,489 1,140
6. MOVEMENT IN FUNDS
Net movement
At 1.04.21 in funds At 31.03.22
£ £ £
Unrestricted funds
General fund 25,480 (8,066) 17,414
TOTAL FUNDS 25,480 (8,066) 17,414
Net movement in funds, included in the above are as follows:
Incoming Resources Movement in
resources expended funds
£ £ £
Unrestricted funds
General fund 50,903 (58,969) (8,066)
TOTAL FUNDS 50,903 (58,969) (8,066)

THE GOOD SHEPHERD HOMES (UK) DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

INCOMING RESOURCES
Voluntary income
Donations
Investment income
Bank account
Total incoming resources
RESOURCES EXPENDED
Charitable activities
Rent and rates
Wages
Light and heat
Telephone
Postage and stationery
Publicity and promotions
Missionary work
Volunteer expenses
Repairs and renewals
Travelling ad transport
Computer consumables
Legal and professional fees
Motor expenses
Governance costs
Bank charges
Accountancy
Sundry expenses
Plant and machinery
Total resources expended
Net income/Deficit
2022
£
50,903
-
50,903
50,903
11,173
25,000
1,369
1,213
360
500
11,830
100
860
1,512
120
1,410
2,360
57,807
16
1,050
50
46
1,162
58,969
(8066)
2021
£
76,920
-
76,920
76,920
10,206
19,988
1,133
1,674
77
336
14,557
119
24
1,530
89
938
2,105
52,776
314
1,440
43
57
1,554
54,330
22,590

This page does not form part of the statutory financial statements