## 

|CharityInformation||
|---|---|
|Reportof theTrustees|2-B|
|Reportof the IndependentAuditors|9-11|
|ConsolidatedStatementofFinancial Activities|12|
|Balance sheets|13|
|StatementofCashFlows|t4|
|NotestotheConsolidated Financial Statements|75-22|





## 

## 

## 

## 

## 

|SENIORPASTOR|MrACLawrence|
|---|---|
|COMPANYSECRETARY:|MrC RBurrell|
|REGISTERED OFFICE:|AltonMaltings Centre|
||MaltingsClose|
||Alton|
||HampshireGU341DT|
|CHARITYNUMBER:|1096632|
|COMPANY NUMBER:|4626536|
|AUDITORS:|Scott VeversLtd|
||Chartered Accountants& Statutory Auditors|
||65EastStreet|
||Bridport|
||DorsetDT63LB|
|BANKERS:|TheCo-operative BankPlc|
||POBox101|
||1 BalloonStreet|
||Manchester|
||M6O 4EP|





## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 

||E||
|---|---|---|
|RestrictedFunds|||
|Investedinfixedassets|803,328||
|Otherfundsheldon shorttermbasis|98,138||
|||907,466|
|Designatedfunds|||
|AltonMaltings Centre CIC net assets|||
|Otherfunds held on shorttermbasis|3,500||
|||3,500|
|Generalfunds|||
|Investedinfixedassets|2,799,706||
|Free reserves|65,320||
|||2,264,426|
|Totalreserves||3,169,392|



## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 



## 

|||Unrestricted<br>Restricted|Unrestricted<br>Restricted|Unrestricted<br>Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||GeneralDesignated<br>fundsfunds||funds|2022|202L|
|||E||E|E|E|
|Income and ExEenditure|||||||
|Incomeandendowmentsfrom:|||||||
|Donations andsimilarincome|4|224,049||189,481|413,530|405,264|
|Charitableactivities|5|387|||387|s33|
|Othertrading activities|6|-|98,514||98,514|33,598|
|Investments(Bankinterest)||19|||19|45|
|Totalincome||224,455|98,514|<br>189,481|572,450|439,440|
|Expenditure on:|||||||
|Raisingfunds:|||||||
|Costsofgoods sold andother|||||||
|costs|7||46,679||46,679|32,731|
|Charitableactivities|B|77,986|20,788|291,554|330,328|359,633|
|Total expenditure||t7,986|67,467|297,554|377,007|391,764|
|Netincome/(expenditure) forthe|year|206,469|31,047|(702,073)|735,443|47,676|
|Grosstransfersbetweenfunds||31,047|(31,047)||||
|Netmovementinfunds||237,576||(L02,073)|135,443|<br>47,676|
|Reconciliationoffunds|||||||
|Total fundsat1st July 2021||2,026,970|3,500|1,003,539|3,033,9492,986,273||
|Total funds at 30thJune 2022||2,264,426 3,500||907,466|3,t69,3923,033,949||





## 

## 

|||Consolidated<br>2022<br>202t|Consolidated<br>2022<br>202t|Charity<br>2022<br>202L|Charity<br>2022<br>202L|
|---|---|---|---|---|---|
|||EE||E|E|
|Fixed Assets||||||
|Tangibleassets|11|3,227,5t8|3,263,927|3,227,5L8|3,263,927|
|Current assets||||||
|Stocks|t2|681|369|||
|Debtors<br>Cashatbankand inhand|13|24,93223,739<br>t71,075275,749||57,576<br>126,939|29,330<br>204,502|
|||196,688239,857||184"515|233,832|
|Creditors: Amountsfallingduewithin<br>oneyear|74|(73,091)|(146,495)|(60,918)|(740,470)|
|Netcurrentassets(liabilities)||123,597|93,362|<br>723,597|93,362|
|Totalassets lesscurrent liabilities||3,351,115|3,357,289|3,351,1153,357,289||
|Creditors: Amountsfalling aftermore||||||
|thanoneyear|15|(78L,723)|(323,340)|(187,723)(323,340)||
|Net Assets||3,769,392|3,033,949|3,!69,392|3,033,949|
|Thefundsof the charity:||||||
|Restricted incomefunds|77|901,466|1,003,539|901,466|1,003,539|
|Unrestricted incomefunds:|16|||||
|Designatedfunds||3,500|3,500|3,500|3,500|
|Generalfunds||2,264,426|2,026,970|2,264,426|2,026,9L0|
|Totalcharity funds||3,769,392|3,033,949|3,769,392||







## 

## 

|ASAT3OTHJ|UNE20|22|||
|---|---|---|---|---|
|Notes||2022|202L||
|Net cashflow from operatingactivities22|O,E.EE<br>187,690|||97,018|
|Cashflow from investing activities|||||
|Paymentstoacquiretangible fixedassets|||||
|Interestreceived||19|45||
|Net cashflow frominvestingactivities|||19|45|
|Cashflow from financing activities<br>Repaymentoflongtermloans<br>Interestpaid|(223,486)<br>(8,897)||(16,748)<br>(9,742)||
|Net cashflow from financingactivities||(232,383)||(26,490)|
|Net increase/(decrease) incashandcashequivalents||<br>(44,674)||70,573|
|Cashand cashequivalentsatlstJuly2021||215,749||t45,776|
|Cashand cashequivatentsat30th June 2022|||||





## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

|ltonMaltings Centre CommunityInterestCompany.The|summarypeformanceof the charity alon|eis:|
|---|---|---|
||2022|202t|
||L|L|
|Income|473,936|405,842|
|Income fromsubsidiary company|3L,047|6,225|
||444,983|412,067|
|Expenditure|(309,540)|(364,241)|
|Surplus/(Deficit)|_135A43__4?,826_||



## 

|Donationsandsimilarincome|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|2022|2021|
||f_|[.|L|E|
|Cashofferings|26,680|778,202-|744,882|22,610|
|Giving undergiftaid|150,023||150,023|189,571|
|Income taxrefunds|38,691||38,691|45,851|
|Buildingfund offerings||8,583|8,583|6,665|
|Buildingfund giving undergiftaid||46,880|46,880|57,580|
|Buildingfundincometaxrefunds||17,416|77,476|L4,028|
|Christians Against Poverty income||4,400|4,400|3,430|
|Otherincome|8,655||8,655|65,529|
||224,049|189,481|413,530|__405,264_|



## 

|Incomefrom charitable activities|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|2022|2027|
||f.L||L|L|
|Income fromcharitabletradingactivities:|||||
|Christian bookshopsales|203||203|368|
|Other events|tB4||184|165|
||387||387||





## 

## 

|6|FOR THEYE<br> Othertrading activities|AR ENDED3OTHJU|NE2022|||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|2022|2027|
|||L|f_|E|E|
||AltonMaltings Centre hire charges|98,514||98,574|33,598|
|||98,514||98,514|33,598|
|7|Costsofgoodssoldandothercosts|||||
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|2022|2027|
|||f_L||E|f|
||Rafterscoffeeshop costs||||19,695|
||AltonMaltings Centre hire expenses|46,679||46,679|72,436|
|||46,679||46,679|___32,131_|
|8|Charitableactivities|||||
|||||Total|Total|
|||||2022|202t|
|||||L|[_|
||Church-pastoral and teaching|||1g1,B3g|205,039|
||Youthandchildren'swork|||1,694|1,329|
||Communityprojects|||7,500|4,461|
||Christian book shop|||49|472|
||Christian missionand relief work|||78,673|4t,948|
||AltonMaltings Centre-buildingcosts|||770,573|706,444|
||Naturalclassification:-|||-3'm28_|-srr|
||Staffcosts(including travelandtraining)|||751,771|168,533|
||Bookshop purchases|||49|472|
||Meetings and activities|||15,588|7,102|
||Premisescosts|||59,983|55,312|
||Giftstoother organisations,missionariesandindividuals|||2t,763|47,455|
||Mortgageandloaninterest|||8,897|9,742|
||Office costs|||12,776|7,989|
||Depreciation|||36,409|36,409|
||Governancecosts|||||
||Audit/Accountantsfees|||5,760|6,492|
||Professional fees|||17,332|20,188|
|||||J-m'p-E_|-tr'Fr|





## 

## 

|Thecostsof all staffwere:|||
|---|---|---|
||2022|2021|
||L|E|
|Wages and salaries|169,94!|t77lgt|
|Redundancy||2,025|
|Social security costs|It,237|10,584|
|EmployersPensioncontributions|3,237|3,940|
||784,403|793,740|



|Noemployee earned morethan t60,000duringtheperiod.The avera<br>employedbythe charity during theyear wasasfollows:|gefull timeequivalent|numberofstaff|
|---|---|---|
||2022|202t|
||No|No|
|Averagefulltime equivalentnumberof staffemployed|5,0|64|
|Average numberofemployees (headcount)|6,8|2.4|
|1OSubsidiary Undeftaking|||
|Theresultsof thesubsidiaryfor theyearwereasfollows:-|||
||2022|2021|
||L|E|
|Income fromthird paties|98,574|33,598|
|Services providedto TheGrainHouseTrust|18,772|77,493|
||117,286|45,091|
|Expenditure|(86,239)|(39,016)|
|Operating(loss)/profit|31,047|6,075|
|LicencefeepaidtotheGrainHouseTrust|(2,000)|(2,000)|
|LoanInterestpaidtotheGrainHouseTrust|(ss2)|(ss1)|
|Profitbeforecharitabledonations|28,495|3,524|
|Donation undergiftaid to theGrainHouseTrust|(28,495)|(3,674)|
|(Loss)/profit for the year|-|__(1so)_|
|Aggregate assets(liabilities)|-|__--------|





## 

## 

|FOR<br>11Tangiblefixedassets|THEYEAR ENDED3OTHJU|THEYEAR ENDED3OTHJU|NE2022|||
|---|---|---|---|---|---|
||FreeholdFixtures,|||Alton||
||propety|<br>fittings&|Charity|Maltings|Group|
||Lf-L|equipmentTotal||CentreCIC<br>E|Total<br>E|
|Cost||||||
|At1stJuly2021|3,806,161|347,743-|4,153,904_|77,503|4,171,407_|
|Additions||||||
|At30thJune2022|3,806,161347,743||4,753,904|17,503|4,t77,407|
|Depreciation||||||
|At1stJuly 2021|542,234|347,743|889,977|77,503|907,480|
|Chargefortheyear|36,409||36,409||36,409|
|At30thJune2022|578,643|347,743|926,386|t7,503|943,889|
|Net book value||||||
|At30th)une2022|3,227,578||3,227,5t8||_3,m,sn_|
|At30th June2021|3,263,927||3,263,927||3,263,927|
|L2Stocks||Group||Charity||
|||2022|2027|2022|2021|
|||L|L|L|f|
|Bookshop,coffeeshop andsundry|stocks|68i|369|||
|13Debtors||||||
|||Group||Charity||
|||2022|2027|2022|2027|
|||LL||L|L|
|Operational debtors||74,292|<br>12,564|||
|Incometaxrecoverable||3,843|4,490|3,843|4,490|
|Amountsowedbygroupundertakings||||50,274|20,767|
|Otherdebtors andprepayments||6,797|6,685|3,459|4,079|
|||___flcz____23I3e_||57,576|,g,330|



## 

|interestis being chargedat 3.5%aboveb<br> Creditors: amountsfallingduewithin|<br>ankbase rate.<br> oneyear||||
|---|---|---|---|---|
||Group||Charity||
||2022|2027|2022|2027|
||f_|L|f_|L|
|Repayments dueon bankloans|43,361|125,230|43,367|t25,230|
|Operationalcreditors|15,285|9,275|8,427|7,478|
|Social security andothertaxes|5,283|2,378|5,283|2,378|
|Accruals anddeferredincome|9,t62|9,612|3,853|5,384|
||73,091|746,495|60,918|740470|





## 

## 

|Creditors: amountsfalling aftermoretha|noneyear||||
|---|---|---|---|---|
||Group||Charity||
||2022|2021|2022|202t|
||f_|f_|f.|L|
|Bankloans:|||||
|Amountsrepayableinoneto twoyears|42,957|58,725|42,957|58,725|
|Amountsrepayable intwotofiveyears|734,740|784,222|r34,740|184,222|
|Amounts repayable morethan fiveyears|4,032|80,393|4,032|80,393|
||l9r,723|323,340|78t,723|323,340|



## 

|UnrestrictedFunds||||||
|---|---|---|---|---|---|
||Balanceat|Net|UnrestrictedRestricted||Balanceat|
||lJuly|Income|Fund|Fund|30June|
||202L||TransfersTransfers||2022|
||E|E||E|i.|
|Designated funds:||||||
|Traininganddevelopment|3,500||||3,500|
|AltonMaltings CentreCIC||37,047|(31,047)|||
||3,500|31,047|(37,047)||3,500|
|General FundsofCharity|2,026,9r0|206,469|37,047||2,264,426|
||_2,030A10_|_23r,5t0_|_|_|_226?,926_|





## 

## 

|F<br> RestrictedFunds|ORTHE YEAR E|NDED3OTHJ|UNE2022|||
|---|---|---|---|---|---|
||Balanceat||||Balanceat|
||lJuly||||30June|
||202L|Income|Expenditure|Transfers|2022|
||E|E|E|c.|E|
|Building capitalfund|839,737||(36,409)||803,328|
|Buildingfund(ongoing giving)|150,230|78,272|(232,382)|96,318|92,438|
|Caringfund|(1,194)|204|(7,766)|8,806|6,050|
|Stepping stones|B6|442|(738)||(210)|
|ToyLibrary|2,948|184|||3,t32_|
|GiftDay-October 2020|8,806|705,979|(9,661)|(L05,L24)||
|Christians AgainstPovety|2,926|4,400|(10,598)||(3,272)|
||_1491,s3e_|__192481_|_QeJ,ss4)_|_|_:01,466_|



## 

||UnrestrictedDesignated|UnrestrictedDesignated|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||funds|funds|total|funds|funds|
||f[.||f.|L|f.|
|Tangiblefixedassets|2,424,790||2,424,L90|803,328|3,227,578|
|CurrentAssets|B2,BB0|75,670|98,550|98,138|196,688|
|Creditors:amountsfallingdue<br>withinone year|(60,921)|(12,170)|(73,091)||(73,091)|
|Creditors:amounts fallingdue||||||
|aftermorethanone year|(78L,723)||(787,723)||(181,723)|
||_2264,426_|3^500|_2,261229_|90r,466|__3,169;92_|





## 

## 

## 

|Thefollowing amounts werepaidto AndrewLawre|nce(Trustee)inhis capacityaschurchleader:||
|---|---|---|
||2022|202L|
||E|L|
|Salary|42,680|42,432|
|Pension payments|4,560|3,420|



## 

## 

|Financialinstruments<br>Categorisation offinancialinstruments||||||||
|---|---|---|---|---|---|---|---|
||Group||||Charity|||
||2022||2021||2022||2021|
||E||L||E||L|
|Financial assetsthataredebt instrument<br>measuredat amortisedcost|192'526||234,686||181,056||229,753|
|Financialliabilitiesmeasuredatamortised.o,t@||:|469,835|:|242,641|:|463,810|



## 

## 

||2022|202t|
|---|---|---|
||E|L|
|Net incomeforyear|t35,443|47,676|
|Interestreceivable|(1e)|(4s)|
|Interestpayable|8,897|9,742|
|Depreciationand impairment of tangible fixedassets|36,409|36,559|
|(Increase)/decreaseinstock|(312)|105|
|(lncrease)/decrease in debtors|(1,193)|(5,234)|
|Increase/(decrease)increditors|8,465|8,215|
|Net cashflow from operatingactivities|187,690|97,078|