COMPANY REGISTRATION NUMBER . 4668268 SKYLARK INTERNATIONAL COMMUNITY COMPANY LIMITED BY GUARANTEE UNAUDITED FINANCIAL STATEMENTS FOR YEAR ENDED 31st MARCH 2023 Charlty Numbw: 1097111 dmund Carr Cl&ortered AccountontJ Edmund ca LLP Chartered Accountants 146 New London Road Chelmsford Essex CM2 OAW 111111111 AtIZVYGH 2311212023 COMPANIES HOUSE Alo k33
SKYLARK INTERNATIONAL COMMUNITY COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS YEAR ENDED 31st MARCH 2023 CONTENTS PAGE Comp#ny inf0mtIon Report of the Directors IndeF¢ndent Examinds rep to the DirfflOtS Statement of financial activitids Bolan¢e sh¢¢t Notes to the financial siaiemeDts
SKYLARK INTERNATIONAL COMMUNrrY COMPANY LIMITED BY GUARANTEE COMPANY INFORMATION YEAR ENDED 31st MARCH 2023 Charlty Number Company Number 4668268 DITecton Nicola Sims Tracy Wild Trevor Harrington PJ¢r Sirns Denise Beniley Registered Otrrt¢ 4 Hanbury Road Chelmsford CMI 3AE Govtrning Doeument Memo¥andum and Articles of As9)Ciion D•tt •f IntotporatioA 17th FebTuary 2003 B4nken L]oyd5 TSB 77-81 High Street Cheltnsford Cmi IUD Independent Exminer Colin Andrew BarkerFCA Edrnund Carr LL 146 New tA>ndon Ro•J Chelmsford CM2 OAW
SKYLARK INTERNATIONAL COMMUNITY COMPANY LIMITED BY GUARANTEE REPORT OF THE DIRECTORS YEAR ENDED 31st MARCH 2023 The director5 present their report and accounis for the year endtyj 31M March 2023. The finan¢ial s¢ai¢ments have been preparcd in a¢¢oTdanc¢ with the accouniing 11¢1¢$ sel in notes to rhe accounts and comply with the ¢hority's governin8 diKumenL the Charitie5 Act 2011 and Accountin8 and Re[)ng by Charitits." Statement of RecorndEd PTaciice applicable to chariti prqiaring their a¢counts in ac¢ordancewth the Financial Rep)rting Standard applicable in th¢ UK and Republi¢ of Ir¢iand. OWECTIVES AI¥D AcfiviTIES io advance the Christian faiih in a¢cord•L¢¢ vnth the statement of klirf appearing in the schedule h¢r#o IJ su¢h parts of ih¢ Unitd kn"ng(bm and the World as the trumees may from lim¢ io iirne think fji and such other PLryses which are exclusively charithble acrd]ftg to the law of England and Wales and are connethed with the ¢haTithble work of the charity. b) to fvrther chrilan educaiion in su¢h pans of th¢ United Kingdom and th¢ World thetrnslee5 may from lime to time think fil. to relieve [on5 who are in c(¥litions of neal or hardship or who are a8¢d or sick or lo relieve distress caused thereby in such parts of the Unitd Kin8dom and th¢ World &$ the trus1ets may from time to time think fil. Skylark Internati(mal Communiry {fornxrly Christian Gmwth International) is 8overned by Memordndutn and Article5 of Association since incolrating0 17th February 2(3 and w administcrcd by a Boud of DirethS OVtT thc year. as licd on pagc l. AIMS To empower. equip and sUnrt the Skylark Intenlon1] churche5 and rninisrrie& as well as Ihe wider cities and communitie5 ihey serve. makJ"ng them a healihiu placcto live spiriwally, mentally. emotionally and physically. To plant ¢hurch&% and develop new rnini51ries. et5 and projects in line with our charitableobjtctives. To provide as5i51anc< trainin& lools and re5wr¢es to chur¢hc4 individuals organisations and rninistsie& Tts supp)rt and invest into l¢ad¢TS sothat thcy miy1 posilivdy shape and cnrich their 5phereof irJnuM¢¢ both locally and globally. PUBLIC BENEFIT The charity acknowledges lis r¢quiremeni to demon5trdte clearly that Lt must have charithblepurposes or aim5. that are for the public benefil. The dtrectors confinn ihat thcy have paid due re8ard to the Charity Conurris5ion guidancc on public benefit before decTrding what aaivitie5 the charity should undertake.
SKYLARK INTERNATIONAL COMMUNirY COMPANY LIMITED BY GUARANTEE REPORT OF THE DIRECTORS Iconllnued) YEAR ENDED 31st MARCH 2023 CORE ACTIVITILS LEADERSHIP TRAINING & SUPPORT Across th¢ cal•)darye4r. Skylark In¢tynitiMal hosts sevml dty ¢vertts design to 4uip. resource and support those in stniorleadership and iheir COTe teams. We also hold a 48-hJr leadership Ttheat exclusively for Stnior Leader5 whieh is now being rnt) on a yearly b&sis due 10 high demartd. This 15 a strdiegie time away for ehurch. charity and ministry leadcrs to Teceivc ¢rainin& etwurdgemcmi and pew mCDiOT5hip. Wc were a150 abl¢ to faulitale two misttt trainingdays, via 70m. for Ix)th En8lish and st11$h law. HUDDLES Skylark Itjiemational coniinvts 10 its le4deffshipdeve]opmeni fonun calltd-HLleS-. These bi-rnonihly 'Zoom' 8atheriDgs include a shon 10 minute TED-style talk followed by delibtr¢ dis¢ussion atsdragogy around Specific theme& They have Fttn inva]uablefor forging relionship5 and developing peer-learning wiihin ihe network CHURCH PlArING/ CHARITILS Skylark International provide5 SUPI, rtKJurees. as5isiats¢eathd covering for new church plants and cbarities- as well as prowdirtg a relational rb¢tWOTk attd ¢overinB fOrexiln8 ¢hur¢htsand charities. PRAYER CONNECT Skylark lttternaliollal ent(K]rages an activenetwork of which helpsbriE)8 whesioii to the network. SKYLARK AMBASSADORS Skylark Ambas$adors are leaders wbo rq)reseni and ernblY our vision and values acrossa variery of differeni ¢OtLl¢Xts, denominaiions and spheres of iDflucnc¢. ThTough murual r¢]alioDshipp we COUragE Sup1 and re50UTce our ambassadoT5 in their leadershipconiexL while being equally enriched aod SIrenhened by the ntque skills and extjerience ibey bTing into the MENTORSHIP AND LEADERSHIP DEVELOPMEP4T SkylaTk International provides ongoing le*Alethipdevel4xna)t and MentShIp forihoseheaditlg up churches and mini$trics. RELATIONSHIP AND RESOURCING Skylark International provides relationshipar tochuh leaders. mirtistry & ¢hority l¢adtss ¥ well as Icadcrs in the Matlac4 w b2fierUlp ihem in Ihcir roles and re5p)nsibililies. MISSION Skylark Inlcmarional supports vBrious chariiiu and mi55ioThal organisailw WOTking inio the UK and abroad. FAMILY COIYNECT Skylark Iniernalional continue510 rnn a succe5sful"Par¢niing Faith" EOUT5¢ acr055 ournetWOFk 10 help assi$1 families with parenting strat¢gi¢s and supwJtL
SKYLARK SNTERNATIONAL COMMUNITY COMPANY LIMITED BY GUARANTEE REPORT OF THE DIRECTORS (Contind) YEAR ENDED 31st MARCH 2023 RELATED PARTIES AND MINISTRIES Chvrehe$ ministrie5 and tharlties eovered by Skyhrk ImterDtioth] ComrnuDIty: Chyrch Ch&riti£S City Hill Church. Basildon Revival Chwch. Billeriiay Skylark ChuT¢h. cheltsfOrd The Hive. Maldon {forTnerly knowm &$ CGC Maldon) Life Chureh. Orknty jvc Stokc Churth, Sioke•on-Tr¢nt Freedom Church. Great Barton Ramsden Heath CGC Connect Cfrurch, Paisley Hub Churth. Lnd0 Waypoint Church- Berwick-Up¢Jn-Tw*1 The Father's Home, Wolverhampton Village ChuT¢h. Aberdttnshi Zeo Church, Hitchin Springwaier Chur¢N Henl¢y-Ort-Tham¢s Dunamis Life Chur¢lL Dw)r¢Mle Port Glasgow Missional Community Big Love- working into Romania Ble Ca. FraD Cherish, Ugonda Cljess H¢xrKless Reuored I Got Slw Uganda HopcworA Kyria Network FTe&Jom 2 The CTh>s5 Keys. Wales Above Differ¢n¢¢ Am&%vsador3 Trevor& Susie Harrinon John & Ra¢hel Clancy Steve & Sheree SLIan5 Raj & Anty Hare Jonathan & Jane Elmth, Australia Davc & Liui Baskcyficld Alison & Graham Tull Advat¢S Je•nnt¢ Sa Nigel & Ni&y Langford Jennifer Izekor Martin & Alison Ma¢klin Kathle¢n Pickering Steve Legg Josiah & VickT Parr, New ZealaNi FINAP4CIAL REVIEW Reserves Policy Th¢ directors have considered the level of ffserv¢s they wish to retsiti. appropri•¢¢ io th¢ chartty's needs. Thi5 15 based on the Charity's siz¢ and Ihe Itvel of fmancial cornmitments held. The directors aim lo ensure the Gharity will be able to continue io fuifjl its rh3ri¢abl¢ obje4#iv¢s cv¢n if thcre 15 a temp)rary thortfall in income or uncxpccted expcnditurc. FTee unrestricted reserves ai the year-end an11t4 to £30,238 {ncle 13). which 1$ ¢ottsiJered ad4uate. Tht dite&MtrS will ryjdcavour rjot io sd aside fiuKls nnr$SantY.
SKYLARK INTERNATIONAL COMMUNITY COMPANY LIMITED BY GUARANTEE REPORT OF ThE DIRECTORS YEAR ENDED 31st MARCH 2023 FtrTURE PLANS Over the course of this coming year, Skylark Iniemationa] will continue io Ulp and suppm the churches, chariii4 ambassadors and advo¢ates a¢r(6s ow nowork as they positivdy impaa and (rdnsform their cornmunities and Cbtifs. Skylark Irtiematjonal will also contjnue it5 cmphasis on deYelopith& rcsouTcing and supporting leaders through training days. evffit% conferences and leadtrship huddles. Due to high demand and p)•tive fe¢dbacK we plan to in¢reas¢ the freq1nCY of wr l¢ad¢rship ffskdential to every year &s OP1 to every othel year. Skylark Iniemaiional wll roD¢inve io plant new churches and mi&sional cornmunilith develop fr&h ministries and events, as w¢ll as resource supwort thuTche& ministri¢s and individuals locally and 81obally. We will continue 10 wovide coverin& conne¢iion and re50W¢iTh8 for charitie5 and will look to tailorsomc of our trdining lo TrIC Irailershtp rcrnits and W¢5. This coming year. we will be launchin8 a new ministy wifically for WOTnrn which wll be ¢alkd "Bcspokc". This will start with the launch of a brand new videocast called Bespoke CoThv¢rwions. which will aim 10 shine a lighi on issues of injusticcaffectingwornen across the World and profile women who are ¢hang]rtg the narrative foroth¢rs In Si$¢an1 ways. We will host a li launch ev•)t for Besw>ke Convusaiions in July filmin8 our f two episodes with an audien¢e followed by afternoon (ea for all delegates. We will then develop our siudio for filming futureA)isod¢& The fJr51 videocast will be released to the public in September. We will conlinuc io ¢xpand 10 add new churches, charitiesand amba&sath)rn who art IcoknnB to Fcomt parl of the Skylark ]niernational Commwiity. RISK ASSESSMENT The diwtors actively review the major risks which th¢ ¢bority faces a re[18r basts and believ¢ thai maintaining the free reserves #aied. cornbin&l with the atal review of theconrrols over k¢y financial Sy5terns carried out on an annual basis will provide sufficienl r¢SrCeS in the event of advelse ondjtions. Thedireclor5 have alx> examintd (her OPCTiona] and businc5S Tisks which they facr and tonfirni thai they havc esthblish system5 tts mitigate ihe sI1f1cant risks. Sm*ll Comp4Dy Prnvisio This rew1 has b¢en preparel in a¢¢ordanc¢ th the w0visi$ applicableio ¢ompani¢s Mili1 to the small companie5 ¢x¢mpiion. Approved by Ihe Directorson 22 Dtrember 2023 and signed on their behalf by.. P Sims Pete Sirn5 Dirtctor
SICf LARK INTERNATIONAL COMMUNITY COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS YEAR ENDED 31st MARCH 2023 I repon on the accounis of Ihecompany for the year cndcd 315t March 2023 which are sct (xit on pagts 7 10 16. Resptttive rt4b)Thsibilities of nd txamiDer As the charity trustee5 of the company {and also its directOTS forthe Purp of company law} you are res$bIt for the pr¢paraiiort of the ac£ounts in attordan¢ewith ihe requirements of the Comparties A¢1 2006 {'th¢ 2006 Act.). Havin8 satisfied rnysclf that the accounts of the company are not require41 io be audited unthr Part 16 of the 2006 Act and ar¢ ¢ligible for Éndqjrndent cxarninaiion, I r¢pofl res of my examination of your company's accounts &$ carried ow under se¢tion 145 of the Charities Act 2011 ('the 201 l Act'l. In canying out my examination I have fdlowed the Directions given by the Chariiy Commission under seclion 145(5Xb) of the 2011 kn. Independent examiner's Statem¢tt¢ I have complcted my examina11(. I confirm that no matters havc comc to my alttntion in conncclioR with the CKamination ving me ¢auseto belicvcthai in any matCTial resm: accountin8 records were not kept in res¢1 of thecon¥)any as re4uira by stttion 386 of the 2006 2. the a¢¢ount$ do ac¢(ffd wih thtsse Trf(Yds" ( the acc(M]nis do comply with ihe ac¢owiiing r4uirements of section 396 of the 21M)6 Aa rther than gny requirement that the accounts wve a'true and fair view. which is not a matter considered as part of an independent ¢xamination' or the x¢our)ts hove not tet) prepar&i a¢¢ordan¢¢ with th¢ methods and prilpleS of the Siai¢meni of Recommended Prdctict for accouniin8aThd re[ninE by charities appli¢able to charities preparing their aCCoLt5 in acroTdancc with th¢ Financial RepLYling Sthndard applicable kn the UK Rrpublir of Ireland {FRS 102). I have no concerns and have comt acrossno other rnartus in conncction with the examination lo which attention Should be drawTr in this rcwjrt in orderto enable a propcT undeTStandin8 of the aceount510 be C A Barker Colin Andrew Barker FCA Edynund Carr LLP 146 New London Road Chelmsford CM2 OAW 22 Dember 2023
SKYLARK INTERNATIONAL COMMUNITY COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVrnES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31st MARCH 2023 UDre5tritied Funds Re5trided Totsl Fumds FuDds 2023 Tot81 Fund5 2022 Note I]YCOME FROM: Donations Charitabl¢ artiviiies 111.253 4.362 1275 112,528 4.362 95.529 12.308 TOTAL INCOME 115.615 1275 116,890 107.837 EXPEIYDITURE ON: Chariiable tIVItieS 125,645 1.8 127,445 128,434 TOTAL EXPENDITURE 125.645 1.8(M) 127,445 128.434 NET INCOMEJ(EXPENDITURE) (10.030) (525) (10.555) (20,597) Tr•ns(ers bettveen funds {6CQ) NET MOVEMENT IN FUNDS (10.630) 75 (10.555) {20,597) Reconciliation of funds: Balanccs brought forward 53.299 53.599 74,196 Balances carried forward 42.669 375 43.044 53.599 Th¢ Charity h&% no reeogni%d gains or105SeS other thjn the res11% for the peri¢)d as w oui above. Tht nottJ OD 16 forwA pan of thex 1kn•ntI 5t•terDrnIs
SKYLARK INTERNATIONAL COMMUNITY COMPANY LIMITED BY GUARANTEE BALANCE SHEET AS AT 31st MARCH 2023 Tot•1 2023 Total 2022 N¥Ji¢ FIXED ASSETS Tangibl¢ ass¢ts 3.312 917 CURRENT ASSETS Debtors Ca$h al Imnk and in hand Totil Current ssets .993 46.768 48.761 2.186 70.773 72.959 Credltors: nnt f•lllng dut wlthlffj o•e yer io 9.029 20.277 NET CURREiYf ASSETS 39,732 52,682 Total assets less eurrent libilitle5 43,044 53,599 NET ASSETS 43.044 53.599 FUNDS UDT¢Stri¢l¢d funds Des[¥(¢d fvnds Resrricied funds TOTAL FUNDS 34.279 8,390 375 43.044 43.197 10,102 300 53,599 12 These fiDan¢ial staiemenis have been prepared ill accordance with th¢ wial provisions for small cofflpanie5 under Part 15 of the Cornpanits Aet 21Kkn. Th¢ dir¢ctor5 are saii5fied rh th¢ company was entitled to exemption from ihe provisions of the Companies 20(kn (the Act) relating its the audit ofihe financial staieme#is for the yr by virtue of section 477. and Ihat no member5 have reques1 an audit pursuani to section 476 of the A¢t. The dirtttOTS acknowlage their resw>nsibiliiie5 for. i} ¢n5UTiDg thai ihe company keeps accounting rttords which comply with Stttion 386 of the Aei. and ti) prcparing tOnIS which wvt a rrue and fair 7new of the stai¢ of affairs olthe tompany a$ at the end of the financial year arjd of its profit or loss forthe financial yeJT in )¢¢ordance th the requiremenis of Se£tion 393, and whieh oihwwis¢ comply with the requir¢1$ of lh¢ Act lating to finantia] SlaierD¢nts $0 far 0$ 4)plieable by ihe company. These financial statements w%re apwoved by the Dirtctors on 22 D¢¢emb¢T 2023 and ate SI on their behalf ty. P Sims PSIMS Director CnY Regtslrai)n Nuntr. 04668268 Tre o• p•tes 9 to 16 form PArtof thesefiM••¢I $tstrmeDts.
SKYLARK INTERNATIONAL COMMUNITY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31st MARCH 2023 I. ACCOUNTIIYG POLICIES Bsts of Prepar•t5ovJ The fjnaneial atements have been prepare4J in accordance with the Finan¢ial Reporting Standard appli¢able in ih¢ UK and Republi¢ of Jrdand (FRS 102). A¢¢ountirtg and R¢poning by Charities.. Statement of Recommended Prn¢ti¢e applicable lo charities preparing their accounts in a¢¢ordance with th¢ Financial Reporting Slandard applicable in the UK and Republic of Ireland (Charities SORP FRS102). the Charitie5 Act 2011 and the CompaniL% Act 2(X)6. SkylaTk International Commwiity is a cornpany lirnited by Buarantce and rnects the definition of a public benefit entity under FRS 102. Assets and liabilities are initially Tt¢wisJ at hiaori1 cost or ttansa¢tion value unles$ otherwise staicd ID the rtlev¥nt a¢Unting policy notes. l•come Re¢ogniiion ofln¢ome These ar¢ included in th¢ Siatemenl of Financial Activities (SOFA) when-. - Ihe charity becomes ¢niitl¢d to the resources" - the Directors are virtually cenain they will receive th¢ resour and - the monetary value can be measured with suificient rejiability Income with reloiedLrpendilure When incomiThg resources have related exrndiiure (&$ with fidraisin8 or contract income) the income and related expthditUTe are reported woss in the SOFA. Grants and Donorionf Granls and Donations are only included in thc SOFA when the charity has uncondiiional entitlemcnt to the resources. Tlty recloims Donottons und Gifts Incorne frorn lax re£laLms ar¢ kt)cluded in the SOFA ai th¢ same li &5 the 8ift to which they relate. ConlracluL¥I In¢<en4 Perfonnance R¢laied Grants This is only in¢lud¢d in the SOFA on¢e the r¢lai¢d goods or smi¢¢s bas be delivered.
SKYLARK INTERNATIONAL COMMUNITY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31st MARCH 2023 I. ACCOUNTING POLICIES (eontinued) Gifis in Kind Gifts in kind are accounted for at a reasonable esiiTnate of their value to the charity or the aOunt a¢wally realised. Gifts in kind for sale or distribution are included in th¢ accounts as gifts only when sold or distiibuttd by the charity. Gifts in kind for use by the chaiity we included in tht SOFA as income when receivable. DOnatedseices andFacilities These are only Included in income (with an equivalent amunt in expendiftire) where the F*Trefit to the Charity is reasonably quaniifiable, measurable and maieriaj. The va]ue plac¢d on this income is lh¢ estima valu¢ the ¢han"ty of the seryi¢e or facility re¢cived. YolunteerHelp The value of any volunlary help fEceived is not Iluded in the accounts i5 described in thc Report of the Direetors. Jnveslmenr Income This is inclvded in the aceounts wh¢n r¢ceivable. Inv¢ents01ns ond losses This Iluded any gain or Ios5 on the sale of invesmxnts and anygain orlo&s resuliing frorn revaluing investm¢n¢s maTk¢( valu¢ ai the end of the year. Expendlrnre Governance Costs Includ¢ costs of the preparation aryl examination of sialutory accoun the ¢0sts of the DirectOTS' m¢etings and cost of any Icgal advi¢e Dire¢tors on governa¢ or conMJwtional matter Gyonis wiikperfonmance conditiont Where the charity gives a gwant with Conditio for its payiJKni being a specific level of service or output io be provided, such grants are only Te¢ognised in the SOFA once the Fecipieni of ihe grnni h&5 provided the specific setviu or ouyiL Grantspoyable wilh01perftsnnOfi¢e condiiions Grants are only re¢ognised in the accounts when a ¢ommiDnent Iw been made and there aT¢ no olIt10n5 to bc Tnel rrlating to a ant which remain in the control of the charity. 10
SKYLARK INTERNATIONAL COMMUNrrY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31st MARCH 2023 I. ACCOUNTING POLICIES (¢ontiDued Stspptsri Costs Support Costs include central functions and have been gllocared to activity costs cate8OfTes on a basis consist¢nt with the use of the resources, eg allocaiing property costs by fl(M)r areas. or per capita. 5tsff costs by the time spent and other costs by thtir usage. Fixed A55et5 Tangible fixed assets for use by the charity. These arc eapitalig&J if they ¢an be used for more than one year and are valued at cost or. if yfted, at thc value to ihe charity on rcceipi. Depreciation is calculated ai a rate w write off the ¢ost of tangTble fixed asseL% on a reducing balance over their cstirnatcd useful lives. Thc TatC5 applied pcr annurn arc as follows: Fixtures. fittings and ¢quipmeni 25% Debiors Trade and other debtsyr5 are reco8lltsed at the settlemeni amount duc. Creditor5 Creditors are recognised where the charity has a present obligation resuliing from a past eveni thai will probably result in the transfer of fijnds io a third party and the amount due to settl¢ the obligation ean b¢ measured or es¢imat¢d reliably. Crediiofs are norn17y rwised at their seitlement amounL Going concer The tntses eonsider that there are no mtrYial uncertainties aboui the ¢hariWs ability to continue as going eoncern Tr any $I1ficant areas of u118]nty that affect the urrying value of assets held by the charity.
SKYLARK INTERNATIONAL COMMUNrrY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31st MARCH 2023 2. DONATIONS UDrestri¢t¢d Restrieted Tot Fund$ To¢•1 Fund$ F#nds Funds 2023 2022 General Kevin & Linsey Potter 111253 111253 ,275 12.528 94.329 1,2¢MJ 95,529 1,275 1.275 111.253 Towl 2022 94.329 1.2 95.529 3. INCOME FROM CHARITABLE ACTIVITIES Unrttlricted Restricted Total Fvnd5 Tot41 Funds Funds Fund5 2023 2022 BE ConfcM¢c ixaders Conferencgs Oth¢r income 8,185 3.775 348 4,362 4,362 4.362 4,362 12.308 Tolo12022 12.308 12.308 12
SKYLARK INTERNATIONAL COMMUNITY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31st MARCH 2023 4. EXPENDITURE ON CHARITABLE ACTIVITIES Unreslrlcted Restricted T•tl Fund5 Tot•1 Fumds Funds 2023 2022 Staff Costs Mission & Outreach cos¢s Hire of fa¢ilities Moior & trovel ¢osts Pasioral cost5 Food & drink pur¢h¥¢5 Paymeni io speak¢rs Websire costs Equipmeni Gtnernl expen5¢S Outside support 5ervires PriE)iirt8. postage and statiots¢ry Insurance Subscripiions & liCe¢S Depreci21ion Governance costs (noie 5} 92.955 2,129 2,123 12,593 92,955 3,929 2.123 12.593 74.113 20.200 4,488 8.435 2,229 6,584 1.177 661 2.715 580 901 558 1.217 726 1.312 2.538 1,800 4.842 950 .175 1.785 608 69 369 4.842 950 1.175 1.785 608 69 369 766 1,104 2,820 766 1,104 2,820 125,645 1,8(K) 127.445 128,434 Toia12022 127.234 1.200 128.434 GOVERNANCE COSTS UrestTicted Restricte41 F¥nd5 F¥ndi T•t*l Funds Total Fwnds 2013 2022 Accounts Preparaiion Independenr Examinaiion fee Amount payable to indepcndcnt cxamincr l.l(M> 1.720 2.820 1,000 1,538 2.538 1,720 2.820 T&io12022 2.538 2.538 13
SKYLARK INTERNATIONAL COMMUNITY COMPANY UMITED BY GUAFIANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31st MARCH 2023 & ANALY515 OF STAFF cosrs 2023 2022 Wagc4 salarie5 pastor fce5 [krin lbUIl0n pe10n S¢ 87.668 5.287 92.955 69.772 4.341 74.113 Five employees (average Wcouni) cngaged in 1¥1¢$ itr fUnkn of theorynitIOTr.S obJeclive$12022.. fiwe). No ernplo>tes Ytteived enb)Jumcnts of rrrfKe Ilwj £60.¢KXJ thinng the yt8rl2022: Nill. TwodiTe¢tovs havebeen paid Temurtrntion ¢1¥1 otheTbtnefits enyknyneni wiihor services supplied to the charity. The renwneAtion in resp1 of service5 they provide uTrJertheir ¢oTrtsXts of employmeni, atyj not Ill Tespeaof thirToi¢ as tnLyee& The valueof directOTS' TemurIon is 45 folk).. P (Man80f SkylaTk Inton¥nd1 R•nuneraiion EMploS pension c4titributiMs £15.105 {2022.. £14250) £IJI I (2022.. £1.425) N Stms {MHnHginE ofsky]ark knternitional netw} Rcmuttralion Employerfs pensiott tontrikn(¥ 15.105 {2022.. £16250) £1.511 (2022-. £1.4251 Totsl costs r¢l•iing lo k¢y managerwl per5mrf WelE£34.977 {2022.. U5,229). 7. NET O(JTCOING RESOURCES FOR THE YEAR This is 5ts1¢d afterdww'ng". 21123 2022 Depreciaiion 1.104 1.3)2 TANGIBLE FIXED A&sErs Flxtyres E4ulpJDtht & fitdo Totsl COST Al I April 2022 Additions 7.436 3.499 1973 10,409 3.499 Ai315t March 2023 10.935 13,908 DEPRECJATIIK4 Al Isi April 2022 Charge for the ye 6.519 2.973 9.492 At 31st March 2023 7,623 2.973 10.596 NET BOOK VALUE At 31st MArch 202J 3.312 3J12 At 31sl Marth 2022 917 917 14
SKYLARK INTERNATIONAL COMMUNITY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31st MARCH 2023 9. DEBTORS Total F¥d5 T•tsl Fund5 2023 2022 Prepaym¢ttts Othtt debtOTS t,988 1,993 2,181 2,186 10. CREDITORS: Amount fAllig wlthlm one year Total Fund5 T•Aal Funds 2023 2022 PAYE and soci¥1 5rryrity Pension creditor oth crtdiiors AcrTuals and deferred income 572 4,455 54 3.948 9.029 615 17,033 61 2.568 20.277 11. DESIGNATED FUNDS C¥rrenIyr.' Blne¢ •t 01104ll022 Balgn¢e fit 31m3n023 OwgolDg Tnttsftrs Emwwernienr fund BE conference appe41 fund Ncw Zealand fijnd 3.39) 1.712 3.390 {2.0Th)) 288 10.102 {2.(KKI) 288 8,390 Prlory¢Ar.' B•l•kn¢¢ t 31103ni)21 Bal•ve at 31103n022 Outgoithg Tr4Tr$f¢n EmpoweThneni fund BE conference appeal fvnd New Zaland fiLnd 3.390 2.125 3.39) 1.712 5,000 10.102 3.365 (4.() 222 10.515 3.365 (4.0(K>l 222 The ErnpowernKni Fund was creaid from a transfer from TeStrIc1¢ fvnds and is io bc used for ED)pow¢rmeni Fund awards. The BE Conference appeal fund from 2022 genera*d a £l.000 8tJl each to charities 'Restored' and 'World of Worth.. The New Zealand Fund is set ld¢ the ¢hurth-planiing wowk of Josiah & Vicki pa in New Zealand. 1S
SICILARK INTERNATIONAL COMMUNITY COMPANY LIMED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31st MARCH 2023 12. RESTRicfED FUNDS Bal8nc¢ 8t Olm4n022 Ib¢Olg 04wing Tr•thsf¢rs 3110312023 •) & Lios¢y Pott¢r 300 300 1275 1275 (1.8Th)1 11.8(K>l 375 375 600 PrioryMr.' Btslnee At Bllante ttt 0110412021 ¢tI01n$ Tr•nsfers 3110312022 al Kewn & Linsey Potter 1.2 1.2 (1.21x1) 11.2Tr)1 300 300 300 ' a) Ktvin and Linsey Potter arc wthing as the Senior Min1¢r$ ihc Swingwater Peppard Congregaiiorbal Churrh. 13. ANALYSIS OF NEf ASSETS lkn¢¢tt TwrA¢thd knnrestrlcted fuTrds) TnEible Other net •5sets Tot#1 D¢ssgttht (Aher unresrricted Total unrextrictal Restricted 8,390 30.967 39.357 375 39,732 8,35YI 34.279 42,669 375 43.1)44 3.312 3.312 3.312 T•ngSble flxed 5S¢ts Otber net Totll Desigrtaial (Xhtt unre5triCted Total unrestrid&1 Resrricied 10,102 42.280 52,382 300 52,682 10,102 43,197 53,299 300 53,599 917 917 917 14. RELATED PARTY TRANSACTIONS ()Je director was TeimbuT5ed £147 fTe&s01)abIe tsxvel and otherexrnses during the ye•r{2ff12.. £402 LO o dir¢ctOTsI. Solaries pay]ll¢nts paid ¢0 dIor5 are dcthilcd in NL*C 6. 16