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|||Page|
|---|---|---|
|Reference and administrative|details ofthe charity, its trustees||
|and advisors|||
|Trustees'
Report||2-8|
|Independent
examiner's
report||9-10|
|Statement offinanical activities|||
|Balance sheet|||
|Notes to the financial statements||13-19|
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|Trustees|||M Brooks||||
|---|---|---|---|---|---|---|
||||BFfrench||||
||||H Levine||||
||||S Ible||||
||||C Dennis||||
||||6 Brown|Resigned||on 07March 2023|
||||A Harvey|Appointed||on 06June 2022|
||||P Sinclair|Appointed||on 06June 2022|
|Company|registered||||||
|number|||04450990||||
|Charity registered|||||||
|number|||1096176||||
|Registered||office|New Jerusalem||Apostolic Church||
||||Stuart Street||||
||||B75NW||||
|Company|secretary||8 Ffrench||||
|Independent||examiner|Philip Burnell FCCA||||
|Accountants|||Spark||||
||||Chartered|Certified|||
||||Accountants||||
||||10Wrens|Court|||
||||48 Victoria|Road|||
||||Sutton Coldfield||||
||||B721SY||||
|Bankers|||Lloyds Bank||||
||||Market Street||||
||||Stafford||||
||||ST162JL||||
||||Unity Trust|Bank|Pic||
||||Birmingham||||
||||B12HB||||
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|||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2023|2023|2023|2022|
||||Note||||E|
|Incoming resources||||||||
|Incoming resources from generated||funds:||||||
|Voluntary
income|||||390,213|390,213|330,??0|
|Investment
income|||||1,336|1,336|4,089|
|Activities for generating|funds|||10,236|8,725|18,961|1'I,891|
|Other income|||||10,000|10,000|8,221|
|Total incoming
resources||||10,236|410,274|420,510|354,9?1|
|Resources expended||||||||
|Charitable
activities|||6,7|11,245|375,752|386,997|334,849|
|Governance costs|||||2,500|2,500|2,500|
|Total resources expended||||11,245|378,252|389,497|33?,349|
|Movement
in total funds for the year - Net||||||||
|income/(expenditure)|for the year|||(1,009)|32,022|31,013|1?,622|
|Total funds at 1June 2022||||33,203|192,777|225,980|208,358|
|Transfer offunds||||||||
|Total funds at 31 May|2023|||32,194|224,799|256,993|225,980|
|The notes on pages 12|to 18form part ofthese||financial|statements.||||
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||Freehold
property
Plant and machinery
Motor vehicles
Fixtures and fittings
Computer
equipment||2% straight
li
15%reducing
15%reducing
15%reducing
25% reducing|ne
balance
balance
balance
balance|||
|---|---|---|---|---|---|---|
|2.|Voluntary
Income||Restricted|Unrestricted|Total|Total|
||||funds|funds|funds|funds|
||||2023|2023f|2023
'E|2022|
||Donations and legacies|||332,826|332,826|280,974|
||Gift aid|||57,387|57,387|49,796|
||Voluntary
income|||390,213|390,213|330,770|
|3.|Investment
income||Restricted|Unrestricted|Total|Total|
||||funds|funds|funds|funds|
||||2023|2023|2023|2022|
||Rental income and lettings|||1,070|1,070|4,089|
||interest received|||266|266|25|
||Investment
income|||1, 36|1,336|4,114|
||Activites for generating|funds|Restricted|Unrestricted|Total|Total|
||||funds|funds|funds|funds|
||||2023|2023|2023|2022|
||||F||||
||Women ofPurpose||835||835|1,005|
||Esther's Academy||9,401||9,401|/0,886|
||Other revenue|||8,725|8,725||
||Activites for generating|funds|10,236|8,725|18,961|'l1,89|
|5.|Other income||Restricted|Unrestricted|Total|Total|
||||funds|funds|funds|funds|
||||2023|2023|2023|2022|
||Grant income|||10,000|10,000|8,221|
||Profit on disposal oftangible fixed assets|||||226|
||Other income|||10,000|1D,OQO|8,447|
##
|Direct costs|||Total|Total|
|---|---|---|---|---|
||||funds|funds|
||||2023|2022|
|Donations
and sponspoship|||25,540|23,638|
|Rent and rates|||6,627|6,976|
|Youth Ministry|||2,095|1,353|
|Travel|||1,169|2,227|
|Training/Seminars|||2,296|171|
|Speaker expenses|||3,110|2,982|
|Esther's Academy|||11,245|6,481|
|Staff costs||(Note 10)|148,951|145,166|
||||201,033|188,994|
|Supportcosts|||Total|Total|
||||funds|funds|
||||2023|2022|
||||R||
|Printing,
postage|and|stationery|12,878|9,417|
|Repairs and maintenance|||16,588|32,335|
|Telecommunications|||10,809|8,910|
|IT software 8 consumables|||10,756|9,256|
|Cleaning|||5,790|6,352|
|Insurance|||8,873|8,108|
|Accountancy|||5,407|4,527|
|Light and heat|||26,937|10,978|
|Advertising|||747||
|Events expenses|||14,829|1,299|
|Welfare 8 hospitality|||6,241|1,412|
|Refreshments|||7,874|4,578|
|Vehicle running|costs||2,851|2,686|
|Bank Charges|||2,675|4,483|
|Sundries|||4,616|2,971|
|Lease ofequipment|||19,827|15,112|
|Loan Interest|||13,551|9,835|
|Depreciation|||14,624|13,847|
||||185,873|146,106|
|Governance costs|||Total|Total|
||||funds|funds|
||||2023|2022|
|Accountancy|||2,500|2,500|
##
##
||This is stated||after cha|r|ging:|||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2023f|2022f|
||Depreciation|oftangible|||fixed assets:|||||
||Owned
by the charity
Independent
examiner's||||fee|||14,624
2,500|13,621
2,500|
|||||||||17,124|16,121|
|10.|Staff costs|||||||2023|2022|
||Staff costs were as follows:|||||||||
||Wages and salaries|||||||126,411|132,442|
||Social security||costs|||||6,243|7,844|
||Pension|||||||2,805|2,780|
||Support &admin|||||||13,493|2,100|
|||||||||148,951|145,166|
||The average|monthly||number ofemployees|||during the year was as follows:|||
|||||||||2023|2022|
|||||||||No.|No.|
||No employee||received||remuneration|amounting||to more than f60,000 in either year.||
||Taxation|||||||2023f|2022|
||Charge 2022|||||||||
||Debtors|||||||||
|||||||||2023|2022|
|||||||||f||
||Other Debtors|||||||31,492|33,965|
|||||||||31,492|33,965|
##
|13.|Creditors:|||||
|---|---|---|---|---|---|
||Amounts
falling due|within one year||2023||
||Trade creditors|||8,753|11,564|
||Bank loans and overdrafts|||9,996|25,903|
||Social Security and other taxes|||2,078|1,398|
||Other loans|||||
||Other creditors|||549|469|
||Accruals and deferred|income||3,258|3,672|
|||||24,634|43,006|
|14.||||||
||Creditors:|||||
||Amounts
falling due|after more than one year||2023|2022|
||Bank Loans|||219,364|228,502|
|||||219,364|228,502|
||Creditors
include amounts
not wholly repayable||within 5years as follows:|||
|||||2023|2022|
||Repayable
by installments|||97,993|130,723|
|||||97,993|130,723|
##
##
|15.|Tangible fixed assets|Freehold|Plant &|Motor|Fixtures &|
|---|---|---|---|---|---|
|||property|machinery|vehicles|fittings|
||Cost|750,000|18,491|29,270|33,523|
||Revaluation|||||
||Additions|43,320||||
||As at 31 May 2023|?93,320|18,491|29,270|33,523|
||Depreciation|102,416|13,?11|25,848|28,177|
||Charge for the year|9,314|717|513|802|
||As at 31 May 2023|111,730|14,428|26,361|28,979|
||Net book value|||||
||As at 31 May 2023|681,590|4,063|2,909|4,544|
||As at 31 May 2022|647,584|4,780|3,422|5,346|
|||||Computer||
|||||equipment|Total|
||Cost|||40,350|871,634|
||Revaluation|||||
||Additions|||3,694|47,014|
||As at 31 May 2023|||44,044|918,648|
||Depreciation|||30,318|200,470|
||Charge for the year|||3,278|14,622|
||As at 31 May 2023|||33,596|215,092|
||Net book value|||||
||As at 31 May 2023|||10,448|703,556|
||As at 31 May 2022|||10,032|671,164|
##
##
|Statement of|funds||||||
|---|---|---|---|---|---|---|
|||Brought|Incoming|Resources|Transfer of|Carried|
|||forward|resources|expended|funds|forward|
|||E|E|E|E||
|Unrestricted|funds||||||
|General funds||192,777|410,274|(378,252)||224,799|
|Restricted funds|||||||
|Youth capital|fund|754||||754|
|Music studio||6,465||||6,465|
|Women of Purpose||(2,213)|835|||(1,378)|
|Mens department||(3,561)||||(3,561)|
|Esther's Academy||31,758|9,401|11,245||29,914|
|||33,203|10,236|(11,245)||32,194|
|Total offunds||225,980|420,510|(389,49?)||256,993|
##
|Analysis of net assets between fu|nds||||
|---|---|---|---|---|
||Restricted|Unrestricted|Total|Total|
||funds|'funds|funds|funds|
||2023|2023|2023|2022|
||E|E|E|E|
|Tangible assets|32,194|671,362|703,556|703,555|
|Current assets||81,748|81,748|110,635|
|Creditors due within one year||(24,634)|(24,634)|(43,006)|
|Creditors due more than one year||(219,364)|(219,364)|(228,502)|
|Revaluation
reserve||(284,311)|(284,311)|(284,311)|
||32,194|224,801|256,995|258,371|