C0 f'3 M 0I I T Y C |
H U R C I-I | ||
|---|---|---|---|
| RESTORE COMMUNITY | CHURCH | ||
| TRUSTEES REPORT AND UNAUDITED | FINANCIAL STATEMENTS | ||
| FORTHE YEAR ENDED 31STDECEMBER2022 | |||
| CONTENTS | PAGE | ||
| LEGAL AND ADMINISTRATIVE INFORMATION |
|||
| REPORT OF THE TRUSTEES | |||
| INDEPENDENT EXAMINERS |
REPORT | ||
| STATEMENT OF FINANCIAL | ACTIVITIES | 10 | |
| STATEMENT OF FINANCIAL | POSITION | ||
| NOTES TO THE FINANCIAL | STATEMENTS | 12-16 | |
| DETAILED STATEMENT OF | FINANCIAL ACTIVITIES |
| CHARITY REGISTRATION NUMBER: | CHARITY REGISTRATION NUMBER: | CHARITY REGISTRATION NUMBER: | 1086604 | ||
|---|---|---|---|---|---|
| COMPANY REGISTRATION NUMBER: | 04198958 | ||||
| REGISTERED OFFICE: | Restore Community | Church | |||
| 23 Canfield Road | |||||
| Woodford Green | |||||
| IGB BJL | |||||
| TRUSTEES: | Pauline Doyle |
||||
| Clive Makombera | |||||
| Bernard Van Jaarsveld | |||||
| Ann Granger | |||||
| KEY MANAGEMENT | PERSONNEL | lan King (Senior | Leader) | ||
| Jo Mackey | |||||
| INDEPENDENT | EXAMINER | Allen Robyn and | Associates Ltd | ||
| Chartered Certified |
Accountants | ||||
| 367Caledonian | Road | ||||
| London | |||||
| N7 9DQ |
| Unrestricted | Restricted | |||||
|---|---|---|---|---|---|---|
| INCOMING RESOURCES | Notes | Funds | Funds | Total | Total | |
| incoming resources from generated | funds | 2022 | 2021 | |||
| Donations and Other Income |
2 | 381185 | 6967 | 388152 | 457409 | |
| RESOURCES EXPENDED | ||||||
| Charitable Activities |
320,015 | 320,015 | 331,767 | |||
| Support Costs | 110,931 | 110,931 | 131,721 | |||
| Governance Costs |
2520 | 4576 | 7096 | 12264 | ||
| TOTAL RESOURCES EXPENDED | 433466 | 4 576 | ||||
| NET INCOME/EXPENDITURE | FORTHE | |||||
| YEAR | (652,281) | K2)391 | (649,890) | (E18,343) | ||
| Prior Year Adjustment | 12,240 | 12,240 | ||||
| Total Funds Brought Forward | 84186 | 612 | ~847 8 | 103141 | ||
| TOTAL FUNDS CARRIED FORWARD |
| Total | Total | ||
|---|---|---|---|
| Funds | Funds | ||
| FIXEDASSETS | Notes | 2022 | 2021 |
| Tangible Assets | EB811 | 12681 | |
| CURRENT ASSETS | |||
| Debtors | 16,649 | 9,777 | |
| Cash at bank and in hand | 54373 | 9S707 | |
| ~710 2 | 10S484 | ||
| CREDITORS:within one year | ~3685 | 3367 | |
| Net Current Assets | 638337 | 67 117 | |
| ~47 | ~K4 8 |
||
| TOTAL ASSETSLESSLIABILITIES | |||
| FUNDS: | 2022 | 2021 | |
| Restricted Funds, | 10 | 3,003 | 612 |
| Unrestricted Funds |
10 |
| FORTHE YEAR | ENDED 31STDECE | MBER2022 | ||||
|---|---|---|---|---|---|---|
| 2.VOLUNTARY INCOME | Unrestricted | Restricted | 202Z | 021 | ||
| Donation gift aided | 252,676 | 252,676 | 304,191 | |||
| Donation non - gift aided | 31,796 | 31,796 | 46,975 | |||
| Gift aid income | 54,262 | 54,262 | 71,528 | |||
| Grants | 2,877 | 2,877 | 6,785 | |||
| Gifts received | 27,810 | 27,810 | 22,268 | |||
| Magnify Foundation | 6,967 | 6,967 | ||||
| Other income | 11764 | 11764 | 5662 | |||
| Total Income | ~3118S | 6967 | E388~152 | $~4 | ||
| 3.TOTAL CHARITABLE EXPENDITURE | Unrestricted | Restricted | 2022 | 2021 | ||
| Charitable expense |
320,015 | 320,015 | 331,767 | |||
| Support cost | 110,931 | 110,931 | 131,721 | |||
| Governance cost |
2 520 | 4576 | 7096 | 12264 | ||
| 4.SUPPORT COST | 2922 | 2021 | ||||
| Premises cost | 56,834 | 69,150 | ||||
| Insurance | 5,151 | 2,007 | ||||
| Publicity and Website | 4,549 | 8,144 | ||||
| Office, IT&software | 18,169 | 26,727 | ||||
| Hospitality, events, worship |
and services | 9,680 | 6,678 | |||
| Intern costs | 6,076 | 2,857 | ||||
| Depreciation | 10472 | 16 158 | ||||
| S.GOVERNANCE COST |
~2 | 2021 | ||||
| Legal and professional | fees | 4,576 | 9,004 | |||
| Accountancy and examiners |
2 S20 | 3260 |
| 6.FIXEDASSETS | Fixtures | Fu | itur | &E ui ment | ~Tota |
|---|---|---|---|---|---|
| COST | |||||
| At 1stJanuary 2022 | 49,622 | 49,622 | |||
| Additions for the year |
6602 | 6602 | |||
| Cost at31stDecember 2022 | ~56 24 |
56224 | |||
| DEPRECIATION | |||||
| Opening Balance | 36,941 | 36,941 | |||
| Charge for the year | ~104 2 | 10472 | |||
| 47413 | 42413 | ||||
| NET BOOKVALUE | |||||
| As at31stDecember 2022 | |||||
| As at31stDecember 2021 |
| any expenses or benefits for their activitie |
s. |
EL | ||
|---|---|---|---|---|
| 8.CREDITORS: within one year Other Creditors |
� | 2022 632685 |
2021 ~7 |
|
| 9.MOVEMENTS IN FUNDS | Resources | Movement | ||
| E*RR | ~E* d |
I 2 d |
||
| Unrestricted Funds |
6381,185 | 6433,466 | (652,281) | |
| Restricted Funds | ~E6 67 | E4576 | ~EZ 39 | |
| Analysis ofFunds | ~t. I2222 | ERE 2 REER t t |
t LJREEL |
11.12.2222 |
| Restricted Unrestricted |
84186 612 |
12240 | ~52 281 2,391 |
~5 3,003 |
| Total funds |
| Incoming Resources: Donations and legacies Donation gift aided Donation non - gift aided Gift aid income Grants Gifts received Magnify Foundation Other income |
2022 252,676 31,796 54,262 2,877 27,810 6,967 11764 |
2021 E 304,191 46,975 71,528 6,785 22,268 5 662 |
|
|---|---|---|---|
| Total incoming resources | 6~74 9 | ||
| RESOURCES EXPENDED: | |||
| Charitable Expenditures |
2022 | 2021 | |
| Church pastoral and mission Salaries and wages |
19,804 238,515 |
28,955 251,295 |
|
| Community Welfare and gifts |
57,525 4171 |
42,503 9014 |
|
| SUPPORT COST | |||
| Premises cost | 56,834 | 69,150 | |
| Insurance Publicity and Website Office, ITS.software |
5,151 4,549 18,169 |
2,007 8,144 26,727 |
|
| Hospitality, events, worship |
and services | 9,680 | 6,678 |
| Intern costs | 6,076 | 2,857 | |
| Depreciation | 10472 | 16158 | |
| ~6931 | |||
| Governance cost |
|||
| Legal and professional fees |
4,576 | 9,004 | |
| Accountancy and examiners |
~25 0 | 3260 | |
| Total resources expended | |||
| Net income over expenditure |