2022-12-31-accounts - Tabernacle Christian Centre Trust

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			Page
Reference and administrative		details ofthe trust, Its Trustees and advisers
Trustees' report			2-8
Independent examiner's report		on the financial statements
Statement of financial	activities		10
Balance sheet
Notes to the financial	statements		12-23

Trustees		Pastor Demck Wilson,	Pastor Demck Wilson,	Chairman	Chairman
		Pastor Paulette Wilson
		Victoria Shaw
		Claudette Chnstie
		Ronald Montague
Charity registered
number		1075130
Principal offic		210 Latimer Road
		London
		W10 6QY
Independent	examiner	Jacksons Chartered	Accountants
		First Floor
		Albion House
		Albion Street
		Hull
		East Yorkshire
		HU1 3TE
Bankers		National Westminster		Bank	Pic
		159Rushey Green
		London
		SE64BJ
Accountants		SMG Business Accountants			Ltd - Chartered	Certiffed AccountantsLondon
		Canary Wharf Office
		Spaceworks, 25 Cabot Square
		London
		E144QZ

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
				2022	2022	2022	2021
			Note	6	f	6
Income from:
Donations snd	Legacies			120,065	28,721	148,786	213,507
Charitable activities				199,230		199,230	181,536
Investments				263		263	255
Other				3496		3496
Total income				323055	28,721	351 776	395,298
Ex andi ure	n:
Raising funds				19		19	570
Charitable acbvities				373,318	24,000	397,318	454,096
Other				16,746		16,751	14298
Total ex enditure				390083	24 005	414088	468 964
Net movement	In	funds		67,029	4716	62312	3666
Reconciliation	of	funds:
Balance at 1 Janus		2022		490 579	11,929	502,508	576,174
Balance at 31	December 2022			423,550	16645	440 196	502 508

				Note	2022f	2021f
Fixed assets
Tan ibis assets				12	820 451	834,046
Total fixed assets					820,451	834,046
Current assets
Debtors due within	one year			13	48,225	67,682
Cash at bank and in hand					55,026	63,984
Total current assets					103250	131666
Creditors: amounts	fallin	due within one	ear	14	221,404	308,036
Net current assets	/ liabilities				118153	176370
Total assets less current		liabilities			702297	657,676
Creditors. amounts	falfing	due after more	than one year	15	262,102	155,188
Total net assets					440 195	502508
Charity funds
Restricted funds				17	16,645	11,929
Unrestricted funds				17	423 550	490 579
Total chari funds					440 196	502506

			IJnrestricted	Restricted	Total	tlnreslricled	Restricted	Total
			funds	funds	funds	funds	funds	funds
			2022 6	2022	2022 6	2021f	2021f	2021f
Donations			120,065	28,721	148,786	I81,393	2,046	163,441
Government		grants —Covid				30,066		30,066
Job retention		scheme
Total income		from	1Z0,065	Z8,721	148,786	211,459	2048	213,507
donations	and legacies

4.Income from charita	ble activities
		Unrestricted	Restricted	Total	Unrssirict	Restricted	Total
		funds	funds	funds	sd	funds	funds
					funds
		2022	2022 E	2022 E	2021f	2021f	2021f
Income from charitable	activities	199,230		199,230
School					181,536		181,536
Total income from charitable		199,230		199,230	161,536		181,536
activities

5.Income	from investment
		Unrestricted	Restricted	Total	Unrsslricl	Restricted	Total
		funds	funds	funds	ed	funds	funds
					funds
		2022 E	2022 E	2022 E	2021	2021f	2021f
Investment	income - other local unlisted	263		263	255		255
Total income from investment		263		263	255		255

Summary	by fu	nd type
				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds	funds	funds	funds	funds
				2022	2022	2022	2021	2021	2021
				E	E	E	E	E	E
Church				35,910		35,910	73,219		73,219
School				337,408	24,000	361,408	380,877		380,877
Total expenditure		on charitable		373,318	24,000	397,318	454,096		454,096
activities
7.Other expenditure
				Unrestricted	Restricted	Total	Unrestricted	Restricted	Tolsi
				funds	funds	funds	funds	funds	funds
				2022 E	2022 E	2022	2021f	2021f	2021f
Bank charges and Loan interest		interest		3,850 12,896	5	3,854 12,896	44 14,254		44 14,254
Total other	expenditure			16,746	5	16,751	14,298		14,298
8.Analysis	ofexpenditure		by activities
				Activities undertaken directly	Support costs	Total funds	Activities undertaken directly	Support costs	Total funds
				2022 E	2022 E	2022	2021 E	2021 f	2021 f
Church				16,952	32,134	49,087		73,219	73,219
School				284,430	80,572	365,002	16,083	364,794	380,877
Total expenditure		by activities		301,382	112,706	414,088	16083	438013	454 096

Analysis ofdirect c	osts
								Total			Total
						Church	School	funds	Church	School	funds
						2022 f	2022 f	2022 6	2021f	2021 f	2021 f
Staff costs						521	186,059	186,580	1,275	211,086	212,361
Pastors allowance						9,000		9,000	24,942		24,942
Books, publications and	teaching		aids				1,028	1,028		5,245	5,245
School trips, swimming	and	examination		fees			4,980	4,980		1,277	1,277
Rehef and donations						200	155	355	676		676
Rent, rates and council	tax					806	87,968	88,774	806	88,273	89,078
Water, Gas and elecbic						6,103	3,690	9,792	10,384	2,230	12,614
Cleaning, repairs, maintenance			and renewals			323	-156	167	6,418	2,029	8,446
Insurance, licenses, permits		and	inspection		fee		687	687		540	540
Advertisin and ublici							19	19
Total direct costs						16,952	284,430	301,382	44,500	310,680	355,180
Analysis ofsupport	costs
								Total			Total
						Church	School	funds	Church	School	funds
						2022 f	2022 f	2022 f	2021f	2021	2021 f
Staff costs						58	20,418	20,476	142	23,454	23,596
Depreaation						13,073	948	14,021	12,156	589	12,745
Pastors allowance						1,000		1,000	2,771		2,771
Conferences and trainmg							1,173	1,173		4,028	4,028
Travel, meals and entertainment							863	863		90	90
Books, pubkcations and	teaching		aids							1,276	1,276
Equipment rental and other		costs					1,205	1,205		1,292	1,292
Printing postage and stationery							301	301		2,286	2,286
Insurance, hcenses, permits		and	inspection		fees	879	3,094	3,973	2,831	1,352	4,183
Audit fees							2,460	2,460	2,460		2,460
Other professional and	admin costs					1,400	2,118	3,518	2,780	638	3,418
Subscriptions and software		renewals					1,124	1,124		700	700
Rent, rates and counal	tax					201	21,992	22,193	201	22,068	22,270
Water, Gas and electric						1,526	922	2,448	2,596	558	3,154
Telephone, mobile and	internet					740	933	1,673	1,177	778	1,955
Cleaning, repairs, maintenance			and renewals			81	788	869	8,022	2,535	10,558
Motor running costs and	expenses						908	908		1,560	1,560
Bad debts							17,749	17,749		9,021	9,021
Bank charges and interests						13,176	3,575	16,751	14,254	45	14,298
Total support costs						18,958	59,248	112,706	49,390	72,271	121,661

10.Staff co	sts
						2022	2021
						f	f
Wages and	salaries					202,225	220,657
Social security costs						10776	13841
Contnbution	to defined	contribution	pension	schemes		1,763	1,462
Total staff costs						214,763.2	235,960
The average	number ofpersons employed			by the trust dunng	the year was as follows:
						2022	2021
						No.	No.
Staff						14	14

				2022	2021
				f	f
Pastor	Derrick	Wilson	Pastoral	5,000	13,857
			allowance
Pastor	Paulette	Wilson	Pastoral	5,000	13,857
			allowance

12.Tangible fixed as	s	ets
			Freehold	Motor	Fixture	Offic	Computer	Total
			property	vehicles	s	equlpmen	eqmpment
					and	t
					fittings
			E	E	E
Cost or valuation
At 1 January 2022			1,000,000	40,098	14,170	36,293	29,814	1,120,376
Additions						425		425
At 31 December 2022			1,000,000	40,098	14,170	36,718	29,814	1,120,801
Depreciation
At 1 January 2022			168,000	39,214	14,170	35,131	29,814	286,329
Charge for the year			12,000	884	0	1,136		14,021
At 31 December 2022			180,000	40,098	14,170	36,267	29,814	300,351
Net book value
At 31 December 2022			820,000			451		820,451
At 31December 2021			832,000	884	0	1,162		834,047
13.Debtors
Due within one year
							2022	2021
							E	f
Trade debtors							21,307	31,622
Prepayments and accrued income							25,722	30,117
Other debtors							1,195	5,943
Total debtors due within one year							48,225	67,682
14.Creditors: Amounts falling due within			one year
							2022 E	2021f
Bankloans							17,520	66,957
Payments received on		account						13,307
Trade creditors							95,858	92,699
Other taxation and social security							79,600	72,166
Pension contributions	payable						792	604
Accruals and deferred		income					2,884	44,256
Other creditors							24,750	18,047
Total creditors: falling		due within one					221,404	308,036
ear

						2022	2021
						f	f
Bank loans due after one year						262,102	155,168
Amounts falling due:
After one year and before	two years					18,508	70,734
After two years and before five years						62,026	84,434
After frve years						181,568
Total amount falling due	after one	year				262,102	155,168
Bank loans due within one year (see		nots 14)					66,957
						17,520
Total bank loans						279,621	222,125
The loan is repayable in 132equal monthly			instalments		from 8 December 2014.
The loan bears interest at	5.5% and	interest	is	payable	as it is charged.
The loan is secured over the freehold		property		ofthe charity.
16.Financial instruments
						2022	2021
						f
Financial assets
Financial assets measured	at fair value through
income and expenditure						55,026	63,984

Statemen	t	offunds	-current year
				Balance at			Balance st
				1 January			1 December
				2022 f	Incomef	Expendituref	2022 f
Unrestricted	funds
General fund				490 579	323055	390083	423,550
Restricted funds
Restricted Fund				11929	28 721	24,005	16645
Total offunds				502,508	351,776	414,088	440,196
Statement		offunds	-prior year
				Balance ei			Science at
				1January			1December
				2021	Incomef	Expendituref	2021
Unrestricted	funds
General fund				566,293	393,250	468,964	490,579
Restricted funds
Restricted Fund				9,881	2,048		11,929
Total offunds				576,174	395298	468,964	502,508
18.Summary		offunds
Summary		offunds	- current year
				Balance at			Balance at
				1 January			1 December
				2022 f	Incomef	Expenditure f	2022f
General funds				490,579	323,055	(390,083)	423,550
Restncted Funds				11 929	28 721	24 005	16,645
Total offunds				502 508	351 776	414088	440,196
Summary		offunds	- prior year
				Balance at			Balance at
				1 Jenuety			1 December
				2021f	Income	Expendituref	2021f
General funds				566,293	393,250	(468,964)	490,579
Restricted Funds				9,881	2,048		11,929
Total offunds				576 174	395,298	46S964	502506

Analysis of net assets be	tween fun	t yea	r
							Unrestricted		Restricted		Total
							funds			funds	funds
							2022			2022	2022
							f			f	f
Tangible fixed assets							820,451				820,451
Current assets							86,605		16,645		103,250
Creditors due within one year Creditors due in more than one year							(221,404) (262,102)				(221,404) ~62, 15
Total							423,550		16,645		440,195
Analysis ofnet assets between funds - prior		year
							Unrestricted		Restricted		Total
							funds			funds	funds
							2021f			2021	2021 f
Tangible fixed assets							834,046				834,046
Current assets							121,785			9,881	131,666
Creditors due within one year Creditors due in more than one year							(308,036) (155,168)				(308,036) ~5.168
Total							492,627			9,881	502,508
20. Pension commitments
The trust operates a defined contnbutions pension scheme. The assets of the scheme are those of the trust in an independently administered fund. The pension cost charge represents by the trust to the fund and amounted to f1462 (2020 - f1822). Contributions totaling f604									held separately contributions (2020-f590)		from payable were
payable to the fund at the	balance sheet date and are		included	in	creditors
21. Operating lease commitments
At 31 December 2022 the	trust had commitments	to make future			minimum	lease payments under		non- cancellable			operating
leases as follows:
										2022 f	2021f
Not later than 1 year Later than 1 year and not	later than 5years								100,000 250,000		100,000 350,000
Later than 5years
									8	oee	oeo o
22. Related party transactions										2022f	2021f
Pastor D Wilson (Trustee) - Pastoral allowance and pension contribution Pastor P Wilson (Trustee) - Pastoral allowance and pension contribution Ms E Wilson (daughter ofTrustees) —Remuneration and pension contribution Mr S Chotti (Trustee) —Balance on student account payable										5,290 5,290 8,799 8	13,857 13,857 30,000 1,465 59 9