2023-06-30-accounts - The Grain House Trust

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		UnrestrictedRestricted	UnrestrictedRestricted	Total	Total
		GeneralDesignated funds funds funds E E		2023t	2022 E
Income and Exoenditure
Incomeandendowmentsfrom:
Donations and similar income	4	223,737_	160,076	383,813	413,530
Charitable activities	5				387
Othertradingactivities	6		116,560	116,560	98,514
Investments(Bankinterest)		sB0		s80	19
Totalincome		224,3L7116,560160,076		500,953	5L2,450
Expenditure on:
Raisingfunds:
Costsofgoodssold andother
costs	7		70,425	70,425	46,679
Charitable activities	I	t27,345	32,496t79,786	339,627	330,328
Totalexpendifure		127,345	102,921179,786	410,052377,007
Netincome/(expenditure)forthe	year	96,972	13,639(19,710)	90,901135,'143
Grosstransfersbetweenfunds		11,194	(17,139)5,945
Net movement in funds		108,166	(3,500) (13,765) 90,901		t35,443
Reconciliation offunds Total fundsatIstJuly2022		2,264,426	3,500901,466	3,L69,3973,033,949
Total funds at 30thJune2023		2,372,592 - 887,701		3,260,2933,t69,392

		Consolidated 2023 2022	Charity 2023	2022
		CECE
Fixed Assets
Tangibleassets	11	3,191,1093,227,5t8	3,191,1093,227,5L8
Currentassets
Stocks	L2
Debtors Cashatbankand inhand	13	26,407 24,932 42,L00 L7L,840t7L,075149,198		57,576 L26,939
		t99,027196,688 191,298		184,515
Creditors: Amountsfallingduewithin oneyear	t4	(49,184) (73,091) (41,455)		(60,918)
Netcurrentassets(liabilities)		12t9,843L23,597 L49,843		L23,597
Totalassetslesscurrent liabilities		3,340,9523,351,115	3,340,9523,351,115
Creditors: Amountsfalling aftermore thanoneyear	15	(80,659)(181,723)	(80,659)(18t,723)
Net Assets		3,260,293 3,169,392	3,260,293 3,L69,392
Thefunds of thecharity:
Restricted income funds		887,70L 901,466	887,70r	901,466
Unrestricted incomefunds:	L7
Designatedfunds		3,500	-	3,500
General funds		2,372,5g; 2,264,426	2,372,5922,264,426
Totalcharityfunds		3,169,392 3,260,293	3,260,293 3,L69,392

	2023 EEEE	2022
Net cashflow fromoperatingactivities23	L26,t07	L87,690
Cashflow frominvestingactivities
Interestreceived	sB0	19
Net cashflow frominvestingactivities	580	19
Cashflow fromfinancingactivities
Repaymentoflongtermloans Interestpaid	(116,192) (9,730)	(223,486) (8,897)
Net cashflow fromfinancingactivities	(L25,922)	(232,383)
Netincrease/(decrease)incash andcashequivalents
Cashand cashequivalentsatlstluly2022 Cashand cashequivalentsat30thlune2023	L7L,075 ru_	2t5,749 ru

AltonMaltings Centre CommunityInterestCompany. The s	ummary performanceof the charityalone	is:
	2023	2022
	E.	g.
Income Incomefromsubsidiary company Expenditure Surplus	384,393 L7,t39 40L,532 (310,631) 90,901	413,936 3L,047 444,983 (309,540) L35,443

4	Surplus DonatlonsandsimilarIncome			90,901	L35,443
		Unrestricted	Restrlcted	Total	Total
		funds	funds	2023	2022
		E	f	E	E
	Cashofferings	35,207	86,976	L22,L83	L44,882
	Giving undergiftaid	151,103	t57	151,260	150,023
	Incometaxrefunds	35,637		35,637	38,691
	Buildingfund offerings		11,463	LL,463	8,583
	Buildingfund givingundergiftaid		40,800	40,800	46,880
	Buildingfundincometaxrefunds		14,552	L4,552	11,416
	Caringfund givingundergiftaid		2,500	2,500
	Caringfundincometaxrefunds	:	625	625
	Christians Against Poverty income		3,003	3,003	4,400
	Otherincome	1,790		t,790	8,655
		223,737	160,076	383,813	413,530
5	Incomefromcharitableactivities
		Unrestricted	Restricted	Total	Total
		funds	funds	2023	2022
		EE		I	E
	Incomefromcharitabletradingactivities:
	Christian bookshopsales				203
	Other events				184
6	Othertrading activities
		Unrestricted	Restricted	Total	Total
		funds	funds	2023	2022
		E		E	9.
	AltonMaltings Centre hire charges	116,560		116,560	98,514
		116,560		116,560	98,514

FORTHEYEARENDED 3OTHJUN Costsofgoodssoldandothercosts	FORTHEYEARENDED 3OTHJUN Costsofgoodssoldandothercosts	E2023
Unrestricted		Restricted		Total	Total
funds		funds		2023	2022
	EE			t	E
AltonMaltings Centre hireexpenses	70,425			70,425	46,679
:+:	70,425			70,425
Expenditureoncharitableactivities
				Total	Total
				2023	2022
				E	t
Staffcosts(includingtravelandtraining)				141,688	LsL,77L
Directcosts				36,511	37,400
Supportcosts				L33,735	118,065
Governancecosts				27,693	23,092
			::	339,627	330,328
Direct costs:-
Meetings and activities				15,845	15,588
Giftstootherorganisations,missionaries and individuals				20,666	2L,763
Christian book shop					49
Support costs:-
Premises costs				77,925	59,983
Mortgageandloaninterest				9,730	8,897
Officecosts				9,67t	L2,776
Depreciation				36,409	36,409
				133,735	118,065
Governance costs:-
Auditor'sremuneration: Auditservices Otherservices Professionalfees				5,646 2,000 20,047	3,860 1,900 t7,332
			@@

The costsofallstaffwere:
	2023	2022
	E	E
Wages and salaries	183,809	L69,94L
Socialsecurity costs	t2,252	LL,23L
EmployersPensioncontributions	2,828	3,23L
	_l9q$9-	_M19t-

	employed bythe charityduringtheyearwasasfollows:
		2023	2022
		No	No
	Averagefull time equivalentnumberof staffemployed	5J	5.6
	Average numberofemployees (headcount)	8.0	5,!
10	Subsidiary Undertaking
	Theresultsof thesubsidiaryfor theyearwereasfollows:-
		2023	2022
		EE
	Incomefromthirdparties Servicesprovidedto TheGrainHouseTrust Expenditure Operatingprofit LicencefeepaidtotheGrainHouseTrust LoanInterestpaidto theGrainHouseTrust Profitbefore charitable donations Donation undergiftaidto theGrainHouseTrust	116,550 26,034 t42,594 (125,455) 17,t39 (2,000) (ss2) t4,587 (14,587)	99,514 18,772 tL7,286 (86,239) 31,047 (2,000) (ss2) 28,495 (28,495)
	(Loss)/profit for theyear	-.
	Aggregate assets(liabilities)	-.

11	FOR Tangiblefixedassets	THEYEAR END	ED 3OTHJUN	E		2023
		Freehold	Fixtures,				Alton
		property	fittings &		Charity		Maltings		Group
		EE	equiPment			Total E	CentreCIC E		Total E
	Cost
	AtlstJuly2022	3,806,161347,743-		4,153,904				L7,503_	4,t7t,407-
	Additions At 30mJune2023	3,806,151347,743		4,153,904				17,503	1,t7L,407
	Depreciation
	AtlstJuly2022	578,643	347,743_			926,386		17,503	943,889
	Chargefor theyear	36,409				36,409			36,409
	At30th June2023	615,052	347,743			962,795		17,503	980,298
	Net book value At 30thJune2023	3,191,109-3,191,109'3,191,109 !'4:=:!-=- ::
	At30th June 2022	3,227,5L8 -		3,227,5L8 E:				- :	3,227,5L8
L2	Stocks		Group 2023			2022	-	Charity 2023	2022
	-=::l!::r: Bookshop, coffee shop and sundrystocks		EE 780			681		EE..
13	Debtors
			Group					Charity
			2023			2022		2023	2022
			E			E		E	E
	Operational debtors		t4,424			14,292		215
	Incometaxrecoverable		5,802			3,843		5,802	3,843
	Amounts owed bygroupundertakings							32,27L	50,274
	Other debtors andprepayments		6,181 26,407			6,797 24,932 4,932		3,812 lztloo 42,L00	3,459 57,576

Creditors: amountsfallingduewith	inoneyear
	Group		Charity
	2023	2022	2023	2022
	E	E	L	E
Repayments dueonbankloans	28,233	43,36L	28,233	43,36L
Operational creditors	4,250	15,285	3,554	8,47L
Socialsecurity andothertaxes	2,907	5,283	2,907	5,283
Accruals anddeferredincome	L3,794 49,L84 ::::=-	9,L62 73,09L	6,76L 4t,+55	60,918 3,853

Creditors: amountsfalling aftermoretha	noneyear
	Group		Charity
	2023	2022	2023	2022
	E	E	E	f
Bank loans:
Amounts repayableinonetotwoyears	23,859	42,95t	23,859	12,95L
Amounts repayable intwotofiveyears	56,800	L34,740	55,800	L34,740
Amounts repayable morethan fiveyears		4,032		4,032
			80,659	LgL,?23

UnrestrictedFunds
	Balanceat	NetUnrestricted	Restricted	Balanceat
	lJuly 2022	IncomeFund Transfers	Fund Transfers	30 June 2023
	9.	EE	EE
Designated funds:
Trainingand development AltonMaltings CentreCIC GeneralFundsofCharity	3,500 3,500 2,264,426	(3,500) L7,L39(17,139) 13,639(17,139) 96,972L7,L39	(s,g+s)	2,372,5g;
	@	ljdr-if	(5,945)

FO RestrlctedFunds	RT}IEYEAR ENDED	3OTII J	UNE2023
	Balanceat					Balanceat
	lJuly					30lune
	2022 Income		Expenditure	Transferc		2023
	E	E,	c,		s.	E,
Building capital fund	803,328		(36,409)			766,9t9
Buildingfund(ongoing giving)	92,438	66,81;	(L25,922)		48,212	81,543
Caring fund	5,050	3,245	(3,005)			6,290
ADCRF		215	(L,254)		L7,21;	16,175
Stepping stones	(210)	t67_	(1,076)		1,119
Toy Library GiftDay Christians AgainstPoverty	3,132- (3,272)	86,307 3,003	(3,931) (8,189)		(3,132) (65,926) 8,458	16,450
Specific offerings	-	324				32;
	901,466	160,076(L79,786)			5,945	887,701

Analysisofnetassetsbetwe	enfunds (Consolidated)	enfunds (Consolidated)
	UnrestrictedDesignatedUnrestrictedRestricted funds funds total funds		Total funds
	E-EtEf.
Tangiblefixedassets CurrentAssets	2,424,L90 -2,424,L90 766,9L9 70,519 7,726 78,245 120,782		3,191,109 199,027
Creditors: amountsfallingdue withinoneyear	(41,458) (7,726)(49,184)	-	(49,184)
Creditors: amountsfallingdue
			(80,659)
	z-r, :==-:	887,70L	3,260,293

THEGMINHOUSETRUST NOTES TOTHE CONSOLIDATEDFINANCIALSTATEMENTS FOR TTIEYEAR ENDED 3OTHJUNE2023 Relatedpartytransactions
ThefollowingamountswerepaidtoAndrewLawrence(Trustee) inhis capacityaschurchleader: 2023 EE	2022
Salary Pensionpayments 44,800 4,800	42,680 4,560

Financialinstruments Categorisationofflnancial instruments
	GrouP		Charity
	2023	2022	2023	2022
	E	E	f	t
Financialassetsthataredebt instrument
measuredatamortised cost	194,906	L92,526	187,886	181,056
Financial liabilities measuredatamortised cost	L29,843	254,8L4	L22,LL4	242,64t

	2023	2022
	E	E
Net incomeforyear	90,901	t35,443
Interestreceivable	(s80)	(1e)
Interestpayable	9,730	8,897
Depreciation and impairmentof tangible fixedassets	36,409	36,409
(Increase)/decreaseinstock	(ee)	(312)
(Increase)/decreaseindebtors	(L,475)	(1,193)
Increase/(decrease)in creditors	(8,779)	8,465
Netcashflow fromoperating activities	126,t07	187,690