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|---|---|---|---|
|Legal and administrative|information||1-2|
|Trustees' report|||3-9|
|Auditors'
report to the trustees|||10-13|
|Consolidated
statement|offinancial|activities|14|
|Consolidated
balance sheet|||15|
|Charity balance sheet|||16|
|Consolidated
cash flow|statement||17|
|Notes to the financial statements|||18-39|
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|||||Unrestdicted
Restricted|Unrestdicted
Restricted|2023|2022|
|---|---|---|---|---|---|---|---|
|||||funds|funds|Total|Total|
||||Notes
8||6|6|E|
|Income and endowments||||||||
|Donations
and legacies|||2|699,309|68,746|768,055|544,049|
|Other trading
activities|||3|32,877||32,877|27,400|
|Investment
income|||4|13,912||13,912|692|
|Incoming resources
from|charitable|activities|5|4,070,590||4,070,590|2,305,708|
|Other income|||6|12,137||12,137|10,095|
|Total income||||4,828,825|68,746|4,897,571|2,887,944|
|Expenditure||||||||
|Expenditure
on raising funds:||||||||
|cost ofother trading|activities||7|30,865||30,865|40,553|
|Charitable
activities|||8|4,017,771|69,363|4,087,134|3,097,647|
|Total resources expended||||4,048,636|69,363|4,117,999|3,138,200|
|Net incoming resources||||||||
|before transfers||||780,189|(617)|779,572|(250,256)|
|Transfer between
funds||||(8,146)|8,146|||
|Net movement
in funds||||772,043|7,529|779,572|(250,256)|
|Total funds brought
forward||||9,291,348|183,492|9,474,840|9,725,096|
|Total funds carried forward||||10,063,391|191,021|10,254,412|9,474,840|
##
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Fixed assets||||||||
|Tangible assets||||14||10,098,958|10,406,100|
|Current assets||||||||
|Stocks||||16|118,892||151,518|
|Debtors||||17|108,404||72,457|
|Cash at bank and in|hand||||2,766,108||1,865,257|
||||||2,993,404||2,089,232|
|Creditors: amounts|falling|||||||
|due within one year||||19|(1,351,741)||(951,013)|
|Net current assets||||||1,641,663|1,138,219|
|Total assets less current|||liabilities|||11,740,621|11,544,319|
|Creditors: amounts|falling||due|||||
|after more than one|year|||21||(1,486,209)|(2,069,479)|
|Net assets||||||10,254,412|9,474,840|
|Funds||||23||||
|Restricted
income funds||||27||191,021|183,492|
|Unrestricted
income|funds:|||25||||
|Unrestricted
income|funds|||||2,289,290|1,615,488|
|Designated
Property|Reserve|||||7,774,101|7,675,860|
|Total unrestricted
income||funds||||10,063,391|9,291,348|
|Total funds||||||10,254,412|9,474,840|
|The financial statements||were approved||by|the board on .....I...JM....||...and signed
on its|
|behalf by||||||||
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||||||2023|2022|2022|
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Current assets||||||||
|Debtors||||18|1,405,416|1,945,597||
|Cash at bank and in||hand|||657,681|614,880||
||||||2,063,097|2,560,477||
|Creditors: amounts||falling||||||
|due within one|year|||20|(287,465)|(321,451)||
|Net current assets|||||1,775,632|2,239,026||
|Creditors: amounts||falling due||||||
|after more than|one|year|||(1,486,209)|(2,069,479)||
|Net assets|||||289,423|169,547||
|Funds||||28||||
|Unrestricted
income funds||||30|289,423|169,547||
|Total funds|||||289,423|169,547||
|The financial
statements|||were approved|by|the board on,...().Ql&3.....|...and signed|on ils|
|Revd Dr G R|appleman|||||||
|Chairman||||||||
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|||||2023|2022|
|---|---|---|---|---|---|
||||Notes|8|8|
|Net income for the year||||779,572|(250,256)|
|Interest receivable||||(13,912)|(692)|
|Depreciation
and impairment||||405,776|419,689|
|Decrease/(Increase)
in stocks||||32,626|(13,354)|
|(Increase)/Decrease
in debtors||||(35,947)|51,397|
|Increase
in creditors||||400,728|61,842|
|Net cash from operating|activities|||1,568,843|268,626|
|Cashflows
from investing||activities||||
|Interest received||||13,912|692|
|Purchase offixed assets||||(98,634)|(65,423)|
|Receipts from sale offixed|assets|||||
|Net cash from investing|activities|||(84,722)|(64,731)|
|Cashflows
from financing||activities||||
|Cash oufflows from repayment||||583,270|163,478|
|Net cash from financing|activities|||583,270|163,478|
|Change
in cash in year||||900,851|40,IVI 7|
|Cash and cash equivalents||at 1 May 2022||1,865,257|1,824,840|
|Cash and cash equivalents||at 30April 2023||2,766,108|1,865,257|
|Analysis ofcash||||||
|Cash in hand||||2,766,108|1,865,257|
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|Donations|and legac|i|es|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|2023|2022|
|||||funds|funds|Total|Total|
||||||||8|
|Donations|- Fellowship|||152,067|17,780|169,847|134,976|
|Donations|- LAISC|||52,426|48,966|101,392|101,116|
|Donations|- Household||Communities|13,180||13,180|13,777|
|Donations|- Movement|||223,187||223,187|132,553|
|Bursary Donations
Received - Fellowship||||46,253||46,253|28,595|
|Charity Concessions||-|Fellowship|86,520||86,520|52,309|
|Legacies -|Fellowship|||125,676||125,676|11,921|
|Grants receivable|||||2,000|2,000|38,174|
|Government|grant income||||||30,628|
|||||699,309|68,746|768,055|544,049|
##
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|Other trading
activities||||
|---|---|---|---|
||Unrestricted|2023|2022|
||funds|Total|Total|
||6|8||
|Shop income - Fellowship|32,877|32,877|18,331|
|Tea Cottage Income - Fellowship|||9,069|
||32,877|32,877|27,400|
##
|||||Unrestricted|2023|2022|
|---|---|---|---|---|---|---|
|||||funds|Total|Total|
|||||6|8|6|
|Bank|interest|and dividends|receivable - LAF|11,947|11,947|585|
|Bank|interest|receivable - LAISC||415|415|28|
|Bank|interest|receivable - Movement||1,550|1,550|79|
|||||13,912|13,912|692|
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|Incoming resources
from ch|aritable
activities||||
|---|---|---|---|---|
|||Unrestricted|2023|2022|
|||funds|Total|Total|
|||8|6|6|
|House and Beacon Fees - Fellowship||1,572,419|1,572,419|1,008,923|
|Contributions
from community|members - HC|13,846|13,846|15,339|
|Selfcatering - Fellowship||115,744|115,744|156,013|
|Camp Fees - Fellowship||28,936|28,936|75|
|Discounts
Received - Fellowship||434|434|349|
|Sundry Income - Fellowship||4,376|4,376||
|Estate Income - Fellowship||88,738|88,738|127,792|
|Fees - LAISC||2,182,851|2,182,851|972,273|
|Sundry Income - LAISC||58,189|58,189|17,970|
|Amenities
Income - LAISC||5,057|5,057|6,974|
|||4,070,590|4,070,590|2,305,708|
##
|Other|income||||
|---|---|---|---|---|
|||Unrestricted|2023|2022|
|||funds|Total|Total|
|||f|f|6|
|Other|income|12,137|12,137|10,095|
|||12,137|12,137|10,095|
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|||||Unrestricted|2023|2022|
|---|---|---|---|---|---|---|
|||||funds|Total|Total|
|||||||6|
|Shop|Purchases|-|Fellowship|30,865|30,865|40,553|
|||||30,865|30,865|40,553|
##
|Costs ofc|haritable
ac|tivities
- by f|und type||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|2023|2022|
||||funds|funds|Total|Total|
||||K|8|6||
|Fellowship|||1,894,746|2,472|2,005,974|1,618,855|
|International|Students'|Club|1,953,507|48,635|2,002,142|1,409,434|
|Household|Communities||52,863|18,256|2,510|1,990|
|Movement|||116,655||76,508|67,368|
||||4,017,771|69,363|4,087,134|3,097,647|
##
|Costs ofc|haritable
ac|tivities - by a|ctivity||||
|---|---|---|---|---|---|---|
||||Activities||||
||||undertaken|Support|2023|2022|
||||directly|costs
f|Total
K|Total
6|
|Fellowship|||1,548,025|349,1931,897,218||1,539,882|
|International|Students'|Club|1,750,032|252,1102,002,142||1,445,434|
|Household|Communities||68,358|2,510|70,868|65,506|
|Movement|||40,398|76,508|116,906|67,368|
||||3,406,813|680,321|4,087,134|3,118,190|
##
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##
|Analysis ofsupport c|os|ts|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||Lee||Lee Abbey|Lee|Abbey|Lee Abbey|||
||||Abbey|International||Household||Movement|||
|||Fellowship|||Students'|Communities|||2023|2022|
||||||Club||||Total|Total|
||||||6||||f|8|
|Staff costs|||114,634|||||19,635|134,269|139,985|
|Insurance|||50,613||39,756||||90,369|66,601|
|Travelling|||37||751|||12,616|13,404|8,385|
|Office Expenses|||||31,527||||31,527|12,760|
|Other Support Costs|||100,425||7,693||||108,118|105,704|
|Professional fees|||10,446||21,363||460|798|33,067|28,264|
|Auditors'
remuneration|||8,600||7,500||1,700|3,990|21,790|16,897|
|Legal and professional|fees||||79,222|||13,454|92,676|49,148|
|Promotion
costs|||36,393|||||4,437|40,830|30,569|
|Activity Administration|||7,325|||||16,679|24,004|27,238|
|Other office expenses|||2,061||||350||2,411||
|Bank Charges|||17,659|||||4,899|22,558|5,124|
|Depreciation
and impairment||||||||||1,551|
|Gratuities|||1,000||64,298||||65,298|57,217|
||||349,193||252,110||2,510|76,508|680,321|549,443|
|Net incoming/(outgoing)||resources||for the year|||||||
|||||||||2023|2022||
|||||||||6|||
|Net incoming/(outgoing)||resources
is||stated after charging:|||||||
|Depreciation
and other||amounts
written|||offtangible|fixed assets||405,776|419,689||
|Profit on disposal oftangible|||fixed assets||||||(5,815)||
|Auditors'
remuneration||||||||32,085|19,995||
##
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##
|12.|Employees|||||
|---|---|---|---|---|---|
||Employment|costs||2023|2022|
|||||6|6|
||Wages, salaries and community||allowances|623,612|544,638|
||Social security|costs||42,175|34,678|
||Pension costs|||71332|65,218|
|||||737,119|644,534|
##
|The avera|g|e
number o|ffull-time equivalents
during|the year, was as follows:||
|---|---|---|---|---|---|
|||||2023|2022|
|||||Number|Number|
|Fellowship||||63|60|
|International||Students'|Club|25|25|
|Movement||||2|3|
|||||90||
|Trustees'||emoluments||||
|Trustees'|Honoraria|||6,000|6,000|
##
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|||Land and|Major|Fixtures,|||
|---|---|---|---|---|---|---|
|14.|Tangible fixed assets|buildings|Buildings fittings and||Motor||
||Group|freehold|Improvements|equipment|vehicles|Total|
|||8|8|8||6|
||Cost/Valuation||||||
||At 1 May 2022|12,878,510|1,848,319|2,955,523|161,153|17,843,505|
||Additions|23,068||75,566||98,634|
||At 30April 2023|12,901,578|1,848,319|3,031,089|161,153|17,942,139|
||Depreciation||||||
||At 1 May 2022|3,073,515|1,967,896|2,279,615|116,379|7,437,405|
||Prior year adjustment|119,577|(119,577)||||
||Charge for the year|254,031||147,804|3,941|405,776|
||At 30April 2023|3,447,123|1,848,319|2,427,419|120,320|7,843,181|
||Net book values||||||
||At 30April 2023|9,454,455||603,670|40,833|10,098,958|
||At 30April 2022|9,685,418||675,908|44,774|10,406,100|
##
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##
|||Fixtures,||
|---|---|---|---|
|15.|Tangible fixed assets|fittings and||
||Charity|equipment|Total|
|||6||
||Cost|||
||At 1 May 2022|4,459|4,459|
||At 30April 2023|4,459|4,459|
||Depreciation|||
||At 1 May 2022|4,459|4,459|
||Prior year adjustment|||
||Charge forthe year|||
||At 30April 2023|4,459|4,459|
||Net book values|||
||At 30April 2023|||
||At 30April 2022|||
|16.|Stocks||||
|---|---|---|---|---|
||Group||||
||||2023|2022|
||||8|6|
||Household,|estate and goods for resale|118,892|151,518|
||Charity||||
||The charity|holds no stock.|||
##
##
|17.|Debtors|||||
|---|---|---|---|---|---|
||Group|||||
|||||2023|2022|
|||||f||
||Trade debtors|||46,030|700|
||Other debtors|||829|1,227|
||Prepayments||and accrued income|61,545|70,530|
|||||108,404|72,457|
|18.|Debtors|||||
||Charity|||||
|||||2023|2022|
|||||f|f|
||Amounts|owed by group undertakings||1.405,416|1,845,220|
||Other debtors||||377|
|||||1,405,416|1,945,597|
##
##
|19.|Creditors: amounts|falling due|||
|---|---|---|---|---|
||within one year
Group||2023
E|2022f|
||Bank loan||284,516|290,294|
||Trade creditors||432,110|399,595|
||Other taxes and social security||14,478|1,486|
||Accruals and deferred|income|620,637|259,638|
||||1,351,741|951,013|
##
##
|20.|Creditors: amounts|falling due|||
|---|---|---|---|---|
||within one year||2023|2022|
||Charity||||
||Bank loan||284,516|290,294|
||Amounts
owed to group undertakings||12,403|23,722|
||Accruals and deferred|income|15,352|7,435|
||||287,465|321,451|
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|23.|Analysis
of net assets between
funds|Analysis
of net assets between
funds|||||
|---|---|---|---|---|---|---|
||Group||Unrestricted
Restricted|||Total|
|||||funds|funds|funds|
|||||8|8|K|
||Fund balances at 30 Apdil 2023 as represented||by:||||
||Tangible|fixed assets|10,098,958|||10,098,958|
||Current|assets||2,802,383|191,021|2,993,404|
||Current|liabilities||(1,351,741)|—|(1,351,741)|
||Long-term
liabilities|||(1,486,209)|—|(1,486,209)|
||||10,063,391||191,021|10,254,412|
||Group||||||
||Fund balances at 30April 2022 as represented||by:||||
||Tangible|fixed assets|10,406,100|||10,406,100|
||Current|assets||1,905,740|183,492|2,089,232|
||Current|liabilities||(951,013)|-|(951,013)|
||Long-term
liabilities|||(2,069,479)|—|(2,069,479)|
|||||9,291,348|183,492|9,474,840|
|24.|Analysis|ofnet assets between funds|||||
||Charity|Unrestricted||Total|||
||||funds|funds|||
||||8|8|||
||Fund balances at 30April 2023as represented||by:||||
||Current|assets|2,063,097|2,063,097|||
||Current|liabilities|(287,465)|(287,465)|||
||Long-term
liabilities||(1,486,209)|(1,486,209)|||
||||289,423|289,423|||
||Charity||||||
||Fund balances at 30 Apdil 2022 as represented||by:||||
||Current|assets|2,560,477|2,560,477|||
||Current|liabilities|(321,451)|(321,451)|||
||Long-term
liabilities||(2,069,479)|(2,069,479)|||
||||169,547|169,547|||
##
##
|25.|Unrestricted|Unrestricted|funds|At|||At|
|---|---|---|---|---|---|---|---|
||Group|||1 May Incoming|Outgoing||30 April|
|||||2022resources|resources
Transfers||2023|
|||||f
f|f|f|f|
||General|Fund||(1,700,209)4,828,825|(3,664,781)|510,812|(25,353)|
||Fixed assets||reserve|3,315,697
-|(152,418)|(848,636)|2,314,643|
||Designated||Property Reserve|7,675,860|(231,437)|329,678|7,774,101|
|||||9,291,348 4,828,825|(4,048,636)|(8,146)|10,063,391|
|||||At|||At|
|||||1 May Incoming|Outgoing||30April|
|||||2021resources
f|resources
Transfers
f
f||2022f|
||General|Fund||(1,604,563)2,777,224|(2,818,661)|(54,209)|(1,700,209)|
||Fixed assets||reserve|3,176,437
-|-|139,260|3,315,697|
||Designated||Property Reserve|8,006,517|(244,741)|85,916|7,675,860|
|||||9,578,391 2,777,224|3,063,402|(865)|9,291,348|
##
##
|26.|Unrestricted|Unrestricted|funds|At|||At|
|---|---|---|---|---|---|---|---|
||Charity|||1 May|Incoming|Outgoing|30April|
|||||2022|resources|resources|2023|
|||||6|6|8||
||General|Fund||169,547|304,105|(184,229)|289,423|
|||||169,547|304,105|(184,229)|289,423|
|||||At|||At|
|||||1 May|Incoming|Outgoing|30 April|
|||||2021
8|resources
f|resources|2022
6|
||General|fund||150,222|204,032|(184,707)|169,547|
|||||150,222|204,032|184,707|169,547|
##
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##
|27.|Restricted funds|At||||At|
|---|---|---|---|---|---|---|
||Group|1 May|Incoming|Outgoing||30 April|
|||2022resources resources
Transfers
f
F
f
F||||2023f|
||Estate & Buildings||225|(225)|||
||Knowle West Maintenance||2,000|(2,000)|||
||Inglis fund|2,988|20|||3,008|
||Aston Development|22,679|||(1,854)|20,825|
||Mission
&outreach||14,259|(105)||14,154|
||Build the Future|65,921|1,211|(880)|10,000|76,252|
||Community
Project|1,750||||1,750|
||Plymouth
Diocese|26,074||(16,256)||9,818|
||Bursary Fund|882|47,755|(47,755)||882|
||Provision of Hydro Electric Power|8,381|830|(1,982)||7,229|
||Special Projects|23,332|250|||23,582|
||Camp Friends|31,485|2,036|||33,521|
||Devon Ministries||160|(160)|||
|||183,492|68,146|(69,363)|8,146|191,021|
|||At||||At|
|||1 May|Incoming|Outgoing||30April|
|||2021resources
f
f||resources
Transfers
f
F||2022f|
||Estate &Buildings|(855)|1,472|(1,482)|865||
||Inglis fund|2,938|50|||2,988|
||Aston Development|22,679||||22,679|
||Mission
&Outreach||1,250|(1,250)|||
||Build the Future|65,040|881|||65,921|
||Community
Project|1,750||||1,750|
||Plymouth
Diocese|7,548|38,174|(19,648)||26,074|
||Bursary Fund|7,805|45,045|(51,968)||882|
||Provision of Hydro Electric Power|7,261|1,120|||8,381|
||Special Projects|3,332|20,000|||23,332|
||Camp Friends|29,207|2,278|||31,485|
||Devon Ministries||450|(450)|||
|||146,705|110,720|(74,798)|865|183,492|
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