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2022-12-31-accounts

Page
Reference and administrative details ofthe Charity, its Trustees and advisers
Trustees'
report
2-7
Independent
examiner's
report
Statement offinancial activities
Balance sheet 10
Statement ofcash flows
Notes to the financial statements 12-28

Restricted Unrestricted Total Total
funds funds funds funds
2022 2022 2022 2021
Note f. f. f.
Income from:
Donations
and
legacies 29,945 29,945 38,005
Investments 1
Other income 374 374 60
Total income 30,319 30,319 38,066
Expenditure
on:
Charitable
activities
27,813 27,813 32,054
Total expenditure 27,813 27,813 32,054
Net movement in funds 2,506 2,506 6,012
Reconciliation offunds:
Total funds brought forward 18,028 857 18,885 12,873
Net movement in funds 2,506 2,506 6,012
Total funds carried forward 18,028 3,363 21,391 18,885

2022 2021
Note f.
Fixed assets
Tangible assets 4,735 178
4,735 178
Current assets
Debtors 12 3,009 1,544
Cash at bank and in hand 15,217 17,713
18,226 19,257
Creditors: amounts falling due within one
year 13 (1,570) (550)
Net current assets 16,656 18,707
Total assets less current liabilities 21,391 18,885
Net assets excluding pension asset 21,391 18,885
Total net assets 21,391 18,885
Charity funds
Restricted
funds
14 18,028 18,028
Unrestricted
funds
14 3,363 857
Total funds 21,391 18,885

2022 2021
Cash flows from operating activities
Net cash used
in operating
activities 4,607 6,307
Cash flows from investing activities
Interests
from investments
Purchase oftangible
fixed assets
(7,103)
Net cash used in investing activities (7,103)
Cash flows from financing activities
Net cash provided
by financing
activities
Change
in cash and cash
equivalents
in
the year (2,496) 6,306
Cash and cash equivalents at the beginning ofthe year 17,713 11,407
Cash and cash equivalents at the end of the year 15,217 17,713
The notes on pages 12to 28 form part ofthese financial statements

Restricted Unrestricted Total
funds funds funds
2022 2022 2022
Donations
Offerings 6,025 6,025
Tithe 16,896 16,896
Gift Aid 7,024 7,024
Subtotal detailed disclosure 29,945 29,945
Total 2022 29,945 29,945
Restricted Unrestricted Total
funds funds funds
2021 2021 2021
Donations
Offerings 5,527 5,527
Tithe 17,125 17,125
Gift Aid 6,753 6,753
Subtotal detailed disclosure 29,405 29,405

Restricted Unrestricted Total
funds funds funds
2021
f
2021
f
2021
Grants 8,600 8,600
Subtotal 8,600 8,600
Total 2021 8,600 29,405 38,005
Unrestricted Total
funds funds
2021f 2021

Unrestricted Total
funds funds
2022 2022
f. f.
374 374

Unrestricted Total
funds funds
2021 2021
60 60

Grants to Total
Institutions funds
2022 2022
f. f.
3,678 3,678
Grants to Total
Institutions funds
2021 2021
4,815 4,815
The Charity has made the following
material
grants to i
nstitutions
during
the year:
2022 2021
f.
Name of institution
COF Fund 750 850
Festival of Life 420 420
RCCG Missions 1,015
WEM 1,800 1,880
2,970 4,165
Other grants to institutions 708 650
3,678 4,815

Unrestricted
funds Total
2022 2022
Advancement ofChristian faith 24,135 24,135
Missions and charitable donations 3,678 3,678
27,813 27,813
Restricted Unrestricted
funds funds Total
2021 2021 2021
Advancement ofChristian faith 19,484 19,484
Prevention and relief of poverty 7,755 7,755
Missions and charitable donations 4,815 4,815
7,755 24,299 32,054

Depreciation Other costs Total
2022 2022 2022
Advancement ofChristian faith 2,546 21,589 24,135
Missions and charitable donations 3,678 3,678
2,546 25,267 27,813

Summary by expenditu re type (continued)
Depreciation Other costs Total
2021 2021 2021
Advancement ofChristian faith 178 19,306 19,484
Prevention and relief of poverty 7,755 7,755
Missions and charitable donations 4,815 4,815
178 31,876 32,054

Grant
funding
of
Support Total
Direct costs activities costs funds
2022 2022 2022 2022
f. f. f. f.
Advancement ofChristian faith 12,904 11,231 24,135
Missions and charitable donations 3,678 3,678
12,904 3,678 11,231 27,813
Grant
funding
of
Support Total
Direct costs activities costs funds
2021 2021 2021 2021
Advancement ofChristian faith 11,426 8,057 19,483
Prevention and relief of poverty 7,755 7,755
Missions and charitable donations 4,815 4,815
19,181 4,815 8,057 32,054

Advanceme
nt of Prevention
Christian and relief of Total
faith poverty funds
2022 2022 2022
Visiting speakers expenses 1,098 1,098
Hall Rental 5,096 5,096
Training
(Music 8 Mission )
6,560 6,560
Mission Work Support 150 150
12,904 12,904
Advancemen Prevention
tofChristian and relief of Total
faith poverty funds
2021 2021 2021
Hall Rental 4,238 4,238
Training
(Music 8 Mission)
6,988 6,988
Conference
and seminars
200 200
CTI Project - Project Manager 565 565
CTI Project - Project Support 266 266
CTI Project- Space &Storage costs 918 918
CTI Project -Trainners costs 3,000 3,000
CTI Project -Equipment
- Laptop
549 549
CTI Project -Other Equipment 276 276
CTI Project - Fabric Material 472 472
CTI Project —Refreshment 116 116
CTI Project —Sewing Machine 1,593 1,593
11,426 7,755 19,181

Advanceme
nt of
Christian Total
faith funds
2022 2022
Depreciation 2,546 2,546
Dues and subscription 596 596
Ministry expenses 322 322
Printing,
postages 8 stationery
282 282
Transport
and travel
287 287
Gifts and donations 761 761
Celebrations 1,270 1,270
Insurance 376 376
Repairs 8 maintenance 60 60
Hospitality 800 800
IT Consumables 158 158
Church
Group
655 655
Community
Engagement
2,568 2,568
Governance
costs
550 550
11,231 11,231

Analysis of s upport cos ts (contin ued)
Advancemen
tofchristian Total
faith funds
2021 2021
Depreciation 178 178
Sundry Church administrative expenses 329 329
Dues and subscription 165 165
Ministry expenses 640 640
Printing,
postages 8 stationery
100 100
Transport
and
travel 1,148 1,148
Gifts and donations 2,356 2,356
Church expenses 245 245
Celebrations 180 180
Insurance 403 403
Hospitality 920 920
IT Consumables 294 294
Media costs 299 299
Telephone 250 250
Governance costs 550 550
8,057 8,057
9. Independent examiner's remuneration
2022 2021
Fees payable to the Charity's independent examiner for the independent
examination ofthe Charity's annual accounts 550 550

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2022 2021
Due within one year
Other debtors 1,000
Gift Aid receivable 3,009 544
3,009 1,544

2022 2021
f.
1,570 550

Balance at
Balance at 1 31
January December
2022 Income Expenditure 2022
Unrestricted funds
General Funds 1 857 30,319 (27,813) 3,363
Restricted funds
Restricted Fund 1 18,028 18,028
Total of funds 18,885 30,319 (27,813) 21,391

Statemen t off unds - prior year
Balance at
Balance at 31
1January December
2021 Income Expenditure 2021
Unrestricted funds
General Funds 1 (4,310) 29,466 (24,299) 857
Restricted funds
Restricted Fund 1 17,183 8,600 (7,755) 18,028
Total of funds 12,873 38,066 (32,054) 18,885

Summary offunds - current y ear
Balance at
Balance at 1 31
January December
2022 Income Expenditure 2022
f. f. f. f.
General funds 857 30,319 (27,813) 3,363
Restricted funds 18,028 18,028
18,885 30,319 (27,813) 21,391

Summary offunds - prior year
Balance at
Balance at 31
1January December
2021 Income Expenditure 2021
General funds (4,310) 29,466 (24,299) 857
Restricted funds 17,183 8,600 (7,755) 18,028
12,873 38,066 (32,054) 18,885

Analysis of n et assets between funds - curre nt year
Restricted Unrestricted Total
funds funds funds
2022 2022 2022
f. f. f.
Tangible fixed assets 4,735 4,735
Current assets 18,028 198 18,226
Creditors due within one year (1,570) (1,570)
Total 18,028 3,363 21,391

Analysis ofn et assets between funds - prior year
Restricted Unrestricted Total
funds funds funds
2021 2021 2021
Tangible fixed assets 178 178
Current assets 18,028 1,229 19,257
Creditors due within one year (550) (550)
l 18,028 857 18,885

17. Reconciliati on
of n
e t movement in fund s to net cash flow from operat ing
activities
2022 2021
Net income for the year (as per Statement of Financial Activities) 2,506 6,012
Adjustments for:
Depreciation charges 2,546 178
Investment income 1
Decrease/(increase) in debtors (1,465) 116
Increase
in
creditors 1,020
Net cash provided by operating activities 4,607 6,307
18. Analysis ofcash and cash equivalents
2022 2021
f.
Cash
in hand
15,217 17,713
Total cash and cash equivalents 15,217 17,713

At 1 At 31
January December
2022 Cash flows 2022
Cash at bank and in hand 17,713 (2,496) 15,217
17,713 (2,496) 15,217