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|Trustees'
annual
report (incorporating
the director's
Independent
auditor's
report to the members|Trustees'
annual
report (incorporating
the director's
Independent
auditor's
report to the members|Trustees'
annual
report (incorporating
the director's
Independent
auditor's
report to the members|report)|Page|
|---|---|---|---|---|
|Statement
offinancial
activities
expenditure
account)|(including|income and|||
|Statement
offinancial
position|||||
|Notes to the financial statements||||12|
|||||13|
|South Bristol Church
and Community
Trust
Company
Limited
by Guarantee
Trustees'
Annual
Report (Incorporating
the Director's
Year ended 31 March 2023|South Bristol Church
and Community
Trust
Company
Limited
by Guarantee
Trustees'
Annual
Report (Incorporating
the Director's
Year ended 31 March 2023|South Bristol Church
and Community
Trust
Company
Limited
by Guarantee
Trustees'
Annual
Report (Incorporating
the Director's
Year ended 31 March 2023|South Bristol Church
and Community
Trust
Company
Limited
by Guarantee
Trustees'
Annual
Report (Incorporating
the Director's
Year ended 31 March 2023|South Bristol Church
and Community
Trust
Company
Limited
by Guarantee
Trustees'
Annual
Report (Incorporating
the Director's
Year ended 31 March 2023|South Bristol Church
and Community
Trust
Company
Limited
by Guarantee
Trustees'
Annual
Report (Incorporating
the Director's
Year ended 31 March 2023|South Bristol Church
and Community
Trust
Company
Limited
by Guarantee
Trustees'
Annual
Report (Incorporating
the Director's
Year ended 31 March 2023|South Bristol Church
and Community
Trust
Company
Limited
by Guarantee
Trustees'
Annual
Report (Incorporating
the Director's
Year ended 31 March 2023|South Bristol Church
and Community
Trust
Company
Limited
by Guarantee
Trustees'
Annual
Report (Incorporating
the Director's
Year ended 31 March 2023|South Bristol Church
and Community
Trust
Company
Limited
by Guarantee
Trustees'
Annual
Report (Incorporating
the Director's
Year ended 31 March 2023|South Bristol Church
and Community
Trust
Company
Limited
by Guarantee
Trustees'
Annual
Report (Incorporating
the Director's
Year ended 31 March 2023|South Bristol Church
and Community
Trust
Company
Limited
by Guarantee
Trustees'
Annual
Report (Incorporating
the Director's
Year ended 31 March 2023|South Bristol Church
and Community
Trust
Company
Limited
by Guarantee
Trustees'
Annual
Report (Incorporating
the Director's
Year ended 31 March 2023|Report)|Report)|Page|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The trustees,
vrho are also the directors
for the purposes
of company
financial statements
of the charity for the year ended 31 March 2023.|||||||||||||la v, present||their report and the|
|Reference||and administrative||||details||||||||||
|Registered||charity||name||South Bristol Church|||and Community||||Trust|||
|Charity registration|||||number|1091314||||||||||
|Company||registration|||number|3688146||||||||||
|Principal
office|office and|||registered||The Wtthyvrood
Queens
Road|Centre|||||||||
|||||||Withyvood||||||||||
|||||||Biistoi||||||||||
|||||||BS138QA||||||||||
|The trustees||||||||||||||||
|||||||Richard
Eddy||||||||||
|||||||Rev Derek tladdox||||||||||
|||||||Rev Patrick Stench ewer||||||||||
|||||||lvls Catherine
Adeniyi||||||||||
|||||||Rev Christopher|J|Dobson||||||||
|||||||Rev Sally Spencer
Rev Richard Sharpies||||||(Appointed
(Resigned||16 IVtay 2023)
1 September 2023)||
|Company|secretary|||||Mrs W Russell||||||||||
|Auditor||||||Eliiott Bunker Limited||||||||||
|||||||Chartered
Accountants||||&|statutory|auditor||||
|||||||61 (V)acrae Road||||||||||
|||||||Ham Green||||||||||
|||||||Bristol||||||||||
|||||||BS20 ODD||||||||||
|Bankers||||||Lloyds TSB||||||||||
|||||||Bishops,vorth||||||||||
|||||||Knowle Branch||||||||||
|||||||Bristol||||||||||
|||||||BS42PY||||||||||
|Solicitors||||||Veale VVasborough||Vizards||||||||
|||||||Narro, v Quay House||||||||||
|||||||Narrovr
Quay||||||||||
|||||||Bristol||||||||||
|||||||BS14QA||||||||||
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||||||2023||2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Res!ncted|||
|||||funds|funds|Total funds|Total funds|
||||Note|6|6||f|
|Income and endowments||||||||
|Donations
and legacies
Charitable
activities
Investment
income|||5
6
7|31,000
391,826
5,498|2,441|31,000
391,826
7,939|9,643
344,193
5,480|
|Total income||||428,324|2,441||359,316|
|Expenditure||||||||
|Expenditure
on charitable|actwities||8,9|384,830|5o,810|441,640|401,9o9|
|Total expenditure||||384,830|56,810|441,640 &|401,9o9|
|Net gains on investments|||10|5,573||5,573|1,899|
|Net expenditure
and net|movement|in||||||
|funds||||49,0o7|(54,369)|(5,302)|(40,754)|
|Reconciliation
offunds||||||||
|Total funds
brought
forvrard||||257,509|3,139,432|3,396,941|3,437,695|
|Total funds carried forward||||306,576|3,085,063|3,391,639|3,396,941|
##
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##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|Fixed assets|||||Note||E|
|Tangible fixed assets
Investments|||||14
15|3,030,860
189,773|3,063,052
184,200|
|||||||3,220,633|3,247,252|
|Current assets||||||||
|Stocks||||||||
|Debtors|||||16|1,851|758|
|Cash at bank and|in|hand|||17|138,677|73,422|
|||||||78,539|169,513|
|||||||219,067|243,693|
|Creditors: amounts
Net current assets||falling due within||one year|18|48,061|94,004|
|Total assets less current
Net assets|||liabilities|||171,006
3,391,639|149,689
3,396,941|
|||||||3,391,639|3,396,941|
|Funds of the charity||||||||
|Restricted
funds||||||||
|Linrestncted
funds||||||3,085,063|3,139,432|
|Total charity funds|||||21|306,576
3,391,639|257,509
3,396,941|
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||Unrestricted|Total Funds|Unrestncted|Total Funds|
|---|---|---|---|---|
||Funds|2023|Funds|2022|
|||f|||
|Rent 8 rechargeabies
Service charge
Room hire
Cafe 8 catering
Other income|31,679
234,668
55,748
63,340
6,391|31,679
234,668
55,748
63,340
6,391|30,846
220,811
41,777
42,002
8,757|30,846
220,811
41,777
42,002
8,757|
||391,826|391,826|344.193|344,193|
##
|||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|
|||Funds|Funds|2023|
|||5|f||
|Income from
Bank interest|listed investments
receivable|5,498|2,441|5,498
2,441|
|||5,498|2,441|7,939|
|||Unrestricted|Restricted|Total Funds|
|Income from
Bank interest|listed investments
receivable|Funds
f
5,338|Funds
6
142|2022
5,338
142|
|||5,338|142|5,480|
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|||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|
|||Funds|Funds|2023|
|||6|6||
|Staff costs||159,871||159,871|
|Premises costs||69,212||69,212|
|Office costs||11,757||11,757|
|Repairs and|flaintenance|50,087||50,087|
|Other costs||2,600||2,600|
|Cafe expenses||69,928|2,209|72,137|
|Rechargeables||6,269||6,269|
|Professional|fees|13,944||13,944|
|Finance costs 8 Charges||1,162||1,162|
|Depreciation|||54,601|54,601|
|||384,830|56,810|441,640|
|||Unrestricted|Restncted|Total Funds|
|||Funds|Funds|2022|
|||f||6|
|Staff costs||145,265||145,265|
|Premises costs||72,40o||72,406|
|Office costs||10,718||10,718|
|Repairs and|blaintenance|38,045||38,045|
|Other costs||1,721||1,721|
|Cafe expenses||49,553|2.380|51,933|
|Rechargeables||18,538||18,538|
|Professional|fees|9,060||9,060|
|Finance costs BCharges||1,028||1,028|
|Depreciation|||53,255|53,255|
|||346,334|55,635|401,969|
##
|||Activities|||
|---|---|---|---|---|
|||undeda'&en|Total funds|Total fund|
|||directly|2023|2022|
|||||6|
|Staff costs||159,871|159,871|145,265|
|Premises|costs|69,212|69,212|72,406|
|Office costs||11,757|11,757|10,718|
|Repairs and Klaintenance||50,087|50,087|38,045|
|Other costs||2,600|2,600|1,721|
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|r encled 31 March 2023||||||||
|---|---|---|---|---|---|---|---|
|Cafe expenses||||72,137||72,137|51,933|
|Rechargeabies||||6,269||6,269|18,538|
|Professional
fees||||13,944||13,944|9,060|
|Finance costs 8 Charges||||1,162||1,162|1,028|
|Depreciation||||As,601||54,601|53,255|
|||||441,640|441,640||401,969|
|In the opinion
of the trustees|the charity||only undertakes|one activity|which|is that of|providing
a|
|community
centre
in the V/ithywood||area|of South Bristol|||||
||Included
in p|rof|essional|fees are amoun|ts
payable
to|the audi!or ana|lysed as follov,|s;|
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
|||||||||f|
||Statutory
audit||||||3,000|3,000|
||Other services||||||3,000|2,985|
||||||||6,000|5,985|
|10.|Net gains on investments||||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2023|Funds|2022|
||||||f|f||E|
||Gains/(losses)||on listed|investments|5,573|5,573|1,899|1,899|
|11.|Net expenditure||||||||
||Net expenditure||is stated|after charging,|'(crediting):||||
||||||||2023|2022|
||||||||6|f|
||Depreciation|of|tangible|fixed assets|||56,810|55,635|
|12.|Staff costs||||||||
|Staff cos|Staff cos|ts|||||||
|---|---|---|---|---|---|---|---|---|
|The total||staff costs and|employee|benefits|for|the reporting|period are analysed
as|follows:|
||||||||2023|2022|
||||||||6|6|
|V/ages|and salanes||||||189,289|164,550|
|Social|secunty costs||||||10,501|8,022|
|Employer||contnbutions|to pension|plans|||3,786|3,103|
||||||||203,576|175,675|
|The average|The average|head|count of employees|count of employees|dunng|the year was 9 (2022:9).The average|the year was 9 (2022:9).The average|number|of|
|---|---|---|---|---|---|---|---|---|---|
|full-time|equivalent||employees|during|the year|is analysed|as folio:vs.|||
||||||||2023|2022||
||||||||No.|No||
|hlanagement||8 administrative||staff|||2||2|
|Project|staff||||||7||7|
||||||||9|||
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|No payments
were made
duri
Tangible
fixed assets|ng
the year in respect of|trustees' expe|nses.||
|---|---|---|---|---|
||Land and|Fixtures and|||
||buildings|fittings|Equipment|Total|
|Cost|E|E|E|E|
|At 1 April 2022
Additions|4,761,341"|134,168
3,588|402.326
21,030|5,297,835
24,618|
|At 31 March 2023|4,761,341|137,756|423,356|5,322,453|
|Depreciation|||||
|At 1 Apnl 2022
Charge for the year|1,843,156 /
28,585j|122,790
3,793|2o8,837
24,432|2,234,783
56,810|
|At 31 Nlarch 2023|1,871,741|126,583|293,269|2,291,593|
|Carrying
amount|||||
|At 31 March 2023|2,889,600|11,173|130,087|3,030,860|
|At 31 March 2022|2,918,185|11,378|133,489|3,0o3,052|
|Capital commitments|||||
||||2023|2022|
|Contracted
for but not provided|for in the financial
statements||E
105,966|E|
##
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##
|Investments||
|---|---|
||Listed|
||investments|
|Cost or valuation||
|At
1 April 2022|184,200|
|Additions||
|Fair value movements|5,573|
|At 31 March 2023|189,773|
|Impairment||
|At 1 April 2022 and 31 triarch 2023||
|Carrying
amount||
|At 31 March 2023|189,773|
|At 31 March 2022|184,200|
##
##
|16.|Stocks||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
|||||||||6|
||Ra v matenals|and consumables|||||1,851|758|
|17.|Debtors||||||||
||||||||2023|2022|
||Trade debtors||||||9,233|6,992|
||Prepayments|and accrued||income|||129,444|66,430|
||||||||138,677|73,422|
|18,|Creditors: amounts||falling|due within||one year|||
||||||||2023|2022|
|||||||||f|
||Trade creditors||||||16,851|19,594|
||Accruals
and deferred||income||||13,551|28.359|
||Social secunty|and other taxes|||||3,843|2.945|
||Other creditors|- payments||received|on|account|1,496|1,913|
||Other creditors||||||12,320|41,193|
||||||||48,061|94,004|
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|||||||||At|
|---|---|---|---|---|---|---|---|---|
||||At||||Gains and|31 friar 202|
|||1|Apr 2022|Income|Expenditure|Transfers|losses|3|
|General|funds||6
257,509|428,324|6
(384,830)|6|6
5,573|6
306,5767|
|||||||||At|
||||At||||Gains and|31 glar 202|
|||1|Apr 2021
6|Income
6|Expenditure
f|Transfers
9|losses
E|2|
|General|funds||242,770|359,174|(346,334)||1,899|257,509|
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|Restrict|ed funds|||||||
|---|---|---|---|---|---|---|---|
||||||||At|
|||At||||Gains and|31 Mar 202|
|||1 Apr 2022
6|Income
f|Expenditure|Transfers
6|losses
6|3
6|
|Capital
Project|Build|3,063,052||(56,810)|24618||3,030,860|
|Capital
Steering|Repairs
Group|73,025
3,355|2,441||(24,618)||50,848
3,355|
|||3,139,432|2.441|(56,810)|||3,085,063|
||||||||A!|
|||At||||Gains and|31 friar 202|
|||1 Apr 2021
f|Income
6|Expenditure
f|Transfers
f|losses
6|2
6|
|Capital
Project|Build|3,099,884||(55,635)|18.823||3,063,052|
|Capital|Repairs|91,706|142||(18.823)||73,025|
|Steenng|Group|3,355|||||3,355|
|||3,194,925|142|(55,635)|||3,139,432|
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|22.|Analysis|of net as|se|ts betw|een
funds|||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted||Restncted|Total Funds|
||||||||Funds|Funds|2023|
|||||||||6|F|
||Tangible|fixed assets||||||3,030,860|3,030,860|
||investments||||||189,773||189,773|
||Current|assets|||||164,864|54,203|219,067|
||Creditors|less than|1|year|||(48,061)||(48,061)|
||Net assets||||||306,576|3,085,063|3,391,639|
|||||||Unrestncted||Restricted|Total Funds|
||||||||Funds|Funds|2022|
||||||||f|F|f|
||Tangible|fixed assets||||||3.063.052|3,063.052|
||Investments|||||184,200|||184,200|
||Current assets|||||167,313||76,380|243,693|
||Creditors|less than|1|year|||(94,004)||(94,004)|
||Net assets|||||257,509||3,139,432|3,396,941|
|23.|Financial|instruments||||||||
||The carrying
amount|||for each|category of financial|instrument|is as follows:|||
|||||||||2023|2022|
||||||||||f|
||Financial|assets measured|||at fair value through|income|and expenditure|||
||Listed investments|||||||373,973|184,200|
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|As lessor|||||||||
|---|---|---|---|---|---|---|---|---|
|The total|future||minimum|lease payments|receivable|under non-cancellable|operating|leases are|
|as follosvs|||||||||
||||||||2023|2022|
||||||||9|0|
|Not later than||1|year||||13,574|79,624|
|Later than|1 year and not|||later than 5years|||19,746|33,320|
||||||||33,320|112.944|
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