REGISTERED COMPANY NUMBER: 04046637 (England and Wales) REGISTERED CHARITY NUMBER: 1083852
FARNBOROUGH CHRISTIAN OUTREACH UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022
HPCA Limited Chartered Accountants Station House Connaught Road Brookwood Woking Surrey GU24 0ER
FARNBOROUGH CHRISTIAN OUTREACH
REPORT OF THE TRUSTEES for the year ended 31 July 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 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
The Charity's objects are to promote the advancement of Evangelical Christian Causes on an ecumenical basis.
The principal activity of the charity during the year was the running of the Christian Resources Centre known as 'The Triangle', In addition the Charity sponsored and facilitated a number of local events.
PUBLIC BENEFIT
The Charity is of public benefit in the following ways:
-
Provision of literature and other supplies and resources for local Churches and schools;
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Supplier of fairly traded goods to the local community, including the local Borough Council;
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Employment of special needs people;
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Employment of voluntary staff and an active participant in work experience scheme.
ACHIEVEMENT AND PERFORMANCE
Bookshop sales for the year increased to £84,771 (compared to £55,138 in 2021) seeing levels returning to per Covid 19 levels.
Voluntary income including legacies for the period was slightly higher at £38,735 (compared to £34,504 in 2020). There were no grants received in the current year (2021: Government Covid Grants totalling £12,574 were received). With increased trading, expenses and purchases consequently increased with total resources expended of £138,350(from £102,677 in 2021) meaning there was a net expenditure for the period of £15,249) (2021; net income of £2,550).
The Charity's subsidiary, The Triangle Café Limited had a turnover for the period of £46,129 (compared to £17,276 in 2021, where Covid 19 had a significant impact). The subsidiary did not pay a management charge to the Charity in the current year. The increased purchases and utility charges has lead to the net result being a loss of £10,062 (compared to a profit of £5,463 in 2021).
FINANCIAL REVIEW
Principal funding sources
The main sources of income, derive from the sales of Christian literature and media, donations from members and supporters and sales from the subsidiary, the Triangle Café Limited.
Investment policy
Under the memorandum and articles of association, the charity has the power to make any investment which the trustees see fit, after obtaining advice from a financial expert and having regard to the suitability of investments and the need for diversification.
Reserves policy
The General Fund represents the Unrestricted funds arising from the past operating results. It also represents the free reserves of the charity, as all fixed assets are included in the fixed asset fund, which is a designated fund. The general fund balance was £60,335 at 31st July 2022 and the aim of the trustees is to build this up to a balance which represents 3 months of operating expenditure.
Page 1
FARNBOROUGH CHRISTIAN OUTREACH
REPORT OF THE TRUSTEES for the year ended 31 July 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
Farnborough Christian Outreach (a company limited by guarantee) was incorporated on 3rd August 2000, and was registered with the Charity Commission for England and Wales on 28th November 2000. On 31st January 2001, all of the assets and liabilities of the Farnborough Christian Outreach Trust (an unincorporated Charity, registered under the charity number 285306) were gifted to Farnborough Christian Outreach.
On 15th December 2000, The Triangle Café Limited (company number 4126321) was incorporated, with the sole issued share being held by Farnborough Christian Outreach. This company carries out the activities of the café situated in the new premises of Farnborough Christian Outreach, to which the charity moved in November 2001.
The company was established under its Memorandum of Association which established the objects and powers of the charitable company and is governed by its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £10.
Appointment and induction of trustees
Trustees are appointed by the members and at each Annual General Meeting, one third of Board Members will retire from office. On retirement, trustees are eligible for re-election. The Articles of Association provides for a minimum of three trustees and no maximum. The trustees are also responsible for the appointment of new members.
New trustees undergo an induction to brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the decision making processes and the recent performance of the charity. They meet key employees and the other trustees.
Organisational policy
The trustees meet every month. The general manager is appointed to manage the day to day operations of the charity. To facilitate effective operations, the general manager has delegated authority, within the terms of delegation approved by the trustees, for operational matters including finance and employment.
Risk assessment policy
The trustees have worked with staff 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.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
04046637 (England and Wales)
Registered Charity number
1083852
Registered office
64 Kingsmead FARNBOROUGH Hampshire GU14 7SL
Trustees
K B Fontana (resigned 16.12.21) C M Mason J R D Edwards D R Palmer S M Smith G Dorey (appointed 7.3.22)
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FARNBOROUGH CHRISTIAN OUTREACH
REPORT OF THE TRUSTEES
for the year ended 31 July 2022
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
HPCA Limited Chartered Accountants Station House Connaught Road Brookwood Woking Surrey GU24 0ER
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ C M Mason - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FARNBOROUGH CHRISTIAN OUTREACH
Independent examiner's report to the trustees of Farnborough Christian Outreach ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Lance Redman FCCA FCA
HPCA Limited Chartered Accountants Station House Connaught Road Brookwood Woking Surrey GU24 0ER
Date: .............................................
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FARNBOROUGH CHRISTIAN OUTREACH
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 July 2022
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 38,735 Charitable activities Bookshop 84,771 Other income 244 Total 123,750 EXPENDITURE ON Charitable activities Bookshop 134,850 NET INCOME/(EXPENDITURE) (11,100) RECONCILIATION OF FUNDS Total funds brought forward 71,258 TOTAL FUNDS CARRIED FORWARD 60,158 |
Restricted funds £ - - - - - - 177 177 |
2022 Total funds £ 38,735 84,771 244 123,750 134,850 (11,100) 71,435 60,335 |
2021 Total funds £ 34,504 55,138 15,585 |
|---|---|---|---|
| 105,227 | |||
| 102,677 | |||
| 2,550 68,885 |
|||
| 71,435 |
The notes form part of these financial statements
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FARNBOROUGH CHRISTIAN OUTREACH
BALANCE SHEET
31 July 2022
| Unrestricted Restricted funds funds Notes £ £ FIXED ASSETS Tangible assets 7 728 - Investments 8 1 - 729 - CURRENT ASSETS Stocks 9 67,047 - Debtors 10 10,376 - Cash at bank and in hand 2,774 177 80,197 177 CREDITORS Amounts falling due within one year 11 (20,768) - NET CURRENT ASSETS 59,429 177 TOTAL ASSETS LESS CURRENT LIABILITIES 60,158 177 NET ASSETS 60,158 177 FUNDS 14 Unrestricted funds Restricted funds TOTAL FUNDS |
2022 Total funds £ 728 1 729 67,047 10,376 2,951 80,374 (20,768) 59,606 60,335 60,335 60,158 177 60,335 |
2021 Total funds £ 882 1 883 70,840 8,260 11,034 90,134 (19,582) 70,552 71,435 71,435 71,258 177 71,435 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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FARNBOROUGH CHRISTIAN OUTREACH
BALANCE SHEET - continued
31 July 2022
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. C M Mason - Trustee
The notes form part of these financial statements
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FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 July 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 20 years Plant and machinery - Straight line over 5 years Fixtures and fittings - Straight line over 6 years
Related party exemption
The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Funds
General unrestricted funds represent the funds of the charity that are not subject to any restrictions regarding their use and are available for application on the general purposes of the charity. Funds designated for a particular purpose by the trustees are also unrestricted.
Restricted funds are those subject to specific trusts, which may be declared by the donor or with their authority. The restricted funds of the charity are restricted income funds which are expendable at the discretion of the trustees in furtherance of some particular aspects of the activities of the charity.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
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FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2022
2. SUPPORT COSTS
| Finance £ Bookshop 67 Support costs, included in the above, are as follows: Legal and professional Sundries Independent examiner's fees NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Independent examiner's fees Depreciation - owned assets |
Governance Other costs Totals £ £ £ 90 2,652 2,809 2022 2021 Total Bookshop activities £ £ 67 26 90 1,125 2,652 2,850 2,809 4,001 2022 2021 £ £ 2,652 2,850 293 4,535 |
|---|---|
3. NET INCOME/(EXPENDITURE)
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2022 nor for the year ended 31 July 2021.
Trustees' expenses
There were £nil of trustees' expenses paid for the year ended 31st July 202s (£13 in 2021).
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 2022 | 2021 | |
|---|---|---|
| Retail and administration | 4 | 4 |
No employees received emoluments in excess of £60,000.
continued...
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FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2022
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| £ | £ | £ | |||||
| INCOME AND ENDOWMENTS FROM | |||||||
| Donations and legacies | 34,504 | - | 34,504 | ||||
| Charitable activities | |||||||
| Bookshop | 55,138 | - | 55,138 | ||||
| Other income | 15,585 | - | 15,585 | ||||
| Total | 105,227 | - | 105,227 | ||||
| EXPENDITURE ON | |||||||
| Charitable activities | |||||||
| Bookshop | 102,677 | - | 102,677 | ||||
| NET INCOME | 2,550 | - | 2,550 | ||||
| RECONCILIATION OF FUNDS | |||||||
| Total funds brought forward | 68,708 | 177 | 68,885 | ||||
| TOTAL FUNDS CARRIED FORWARD | 71,258 | 177 | 71,435 | ||||
| 7. | TANGIBLE FIXED ASSETS | ||||||
| Improvements | Fixtures | ||||||
| to | Plant and | and | |||||
| property | machinery | fittings | Totals | ||||
| £ | £ | £ | £ | ||||
| COST | |||||||
| At 1 August 2021 | 85,497 | 15,728 | 25,566 | 126,791 | |||
| Additions | - | 139 | - | 139 | |||
| At 31 July 2022 | 85,497 | 15,867 | 25,566 | 126,930 | |||
| DEPRECIATION | |||||||
| At 1 August 2021 | 85,497 | 14,846 | 25,566 | 125,909 | |||
| Charge for year | - | 293 | - | 293 | |||
| At 31 July 2022 | 85,497 | 15,139 | 25,566 | 126,202 | |||
| NET BOOK VALUE | |||||||
| At 31 July 2022 | - | 728 | - | 728 | |||
| At 31 July 2021 | - | 882 | - | 882 |
continued...
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FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2022
8. FIXED ASSET INVESTMENTS
| FIXED ASSET INVESTMENTS | |
|---|---|
| Shares in | |
| group | |
| undertaking | |
| £ | |
| MARKET VALUE | |
| At 1 August 2021 and 31 July 2022 | 1 |
| NET BOOK VALUE | |
| At 31 July 2022 | 1 |
| At 31 July 2021 | 1 |
There were no investment assets outside the UK.
The company's investments at the balance sheet date in the share capital of companies include the following:
The Triangle Cafe Limited
Registered office: Nature of business: Coffee shop
| % Class of share: holding Ordinary 100 Aggregate capital and reserves (Loss)/profit for the year 9. STOCKS Stocks 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors VAT Prepayments and accrued income |
2022 £ (47,177) (10,062) 2022 £ 67,047 2022 £ 4,149 1,222 5,005 10,376 |
2021 £ (37,115) 5,464 2021 £ 70,840 2021 £ - 3,127 5,133 8,260 |
|---|---|---|
continued...
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FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2022
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other loans (see note 12) Trade creditors Social security and other taxes Other creditors Accruals and deferred income |
2022 £ 3,500 12,037 156 388 4,687 20,768 |
2021 £ 3,500 11,425 224 955 3,478 |
|---|---|---|
| 19,582 |
12. LOANS
An analysis of the maturity of loans is given below:
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Amounts falling due within one year on demand: | ||
| Other loans | 3,500 | 3,500 |
13. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
| Within one year Between one and five years |
2022 £ 15,000 17,500 32,500 |
2021 £ 15,000 32,500 |
|---|---|---|
| 47,500 |
14. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.8.21 | in funds | funds | 31.7.22 | |||
| £ | £ | £ | £ | |||
| Unrestricted funds | ||||||
| General fund | 70,377 | (10,808) | (164) | 59,405 | ||
| Fixed Asset Fund | 881 | (292) | 164 | 753 | ||
| 71,258 | (11,100) | - | 60,158 | |||
| Restricted funds | ||||||
| Buy a bulb | 177 | - | - | 177 | ||
| TOTAL FUNDS | 71,435 | (11,100) | - | 60,335 |
continued...
Page 12
FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2022
14. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 123,749 | (134,557) | (10,808) |
| Fixed Asset Fund | 1 | (293) | (292) |
| 123,750 | (134,850) | (11,100) | |
| TOTAL FUNDS | 123,750 | (134,850) | (11,100) |
| Comparatives for movement in funds | |||
| Net | |||
| movement | At | ||
| At 1.8.20 | in funds | 31.7.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 63,663 | 6,714 | 70,377 |
| Fixed Asset Fund | 5,045 | (4,164) | 881 |
| 68,708 | 2,550 | 71,258 | |
| Restricted funds | |||
| Buy a bulb | 177 | - | 177 |
| TOTAL FUNDS | 68,885 | 2,550 | 71,435 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 105,227 | (98,513) | 6,714 |
| Fixed Asset Fund | - | (4,164) | (4,164) |
| 105,227 | (102,677) | 2,550 | |
| TOTAL FUNDS | 105,227 | (102,677) | 2,550 |
continued...
Page 13
FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2022
14. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | Transfers | Transfers | |||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.8.20 | in funds | funds | 31.7.22 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 63,663 | (4,094) | (164) | 59,405 | |
| Fixed Asset Fund | 5,045 | (4,456) | 164 | 753 | |
| 68,708 | (8,550) | - | 60,158 | ||
| Restricted funds | |||||
| Buy a bulb | 177 | - | - | 177 | |
| TOTAL FUNDS | 68,885 | (8,550) | - | 60,335 |
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 Fixed Asset Fund TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 228,976 (233,070) (4,094) 1 (4,457) (4,456) 228,977 (237,527) (8,550) 228,977 (237,527) (8,550) |
|---|---|
Unrestricted funds
The fixed asset fund is a designated fund and represents the net book value of fixed assets of the charity, for the purpose of freeing reserves that are not available for expenditure. Transfers relate to assets capitalised during the year, and outgoing resources represent depreciation charged during the year.
Restricted Fund
The Buy a Bulb fund is as a result of an appeal to pay for the new LED lights installed in the bookshop to enhance the displays.
continued...
Page 14
FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2022
15. RELATED PARTY DISCLOSURES
The charity owns the entire share capital of The Triangle Cafe Limited (referred to as the cafe), a limited company registered in England and Wales. This year no management charges (2021: £nil) were passed onto the cafe.
The charity did not receive a management charge from the cafe this financial year (2021: £3,010).
At the end of the year, a balance of £49,773 was due from the cafe (2021: £39,242). In view of the fact The Triangle Cafe Limited was insolvent as at 31st July 2022, a provision of £9,288 against this debt has been made in the accounts of Farnborough Christian Outreach (2021: release of provision of £10,815).
Page 15
FARNBOROUGH CHRISTIAN OUTREACH
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 July 2022 2022 £ INCOME AND ENDOWMENTS Donations and legacies Donations and membership fees 38,735 Charitable activities Bookshop sales 84,771 Other income Management charge - Other income Other income 244 Grant Income - 244 Total incoming resources 123,750 EXPENDITURE Charitable activities Wages 21,045 Rates and water 622 Insurance 2,457 Light and heat 9,665 Telephone and internet 3,704 Postage and stationery 1,000 Advertising 372 Sundries 199 Purchases 56,525 Rent 13,750 Repairs and maintenance 11,243 Dues and subscriptions 407 Depn improvements to property - Depn plant and machinery 293 Bank charges and interest 378 Credit card commission 679 Credit card costs 414 Provision against subsidiary 9,288 132,041 Support costs Finance Legal and professional 67 Other Sundries 90 |
2021 £ 34,504 55,138 3,010 1 12,574 15,585 105,227 18,485 (34) 1,947 4,876 3,506 959 266 171 39,380 16,096 15,969 675 4,138 398 346 487 414 (9,403) 98,676 26 1,125 |
|---|---|
This page does not form part of the statutory financial statements
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FARNBOROUGH CHRISTIAN OUTREACH
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 July 2022
| for the year ended 31 July 2022 | ||
|---|---|---|
| Other Governance costs Independent examiner's fees Total resources expended Net (expenditure)/income |
2022 £ 2,652 134,850 (11,100) |
2021 £ 2,850 |
| 102,677 | ||
| 2,550 |
This page does not form part of the statutory financial statements
Page 17
FARNBOROUGH CHRISTIAN OUTREACH
CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 July 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 15 |
| Detailed Statement of Financial Activities | 16 | to | 17 |