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2022-12-31-accounts

Contents Page
Directors report 1 —3
Auditor's report 4 —6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the financial statements 9 —12

Unrestricted Restricted 2022 Unrestricted Restricted 2021
Funds Funds Total Funds Funds Total
F f 6 F 6
Income from:
Donations 39,919 39,919 48,310 48,310
Legacies 10,750 10,750
Interest contribution 50,000 50,000
Interest received 515 515
Other trading
activities
fundraising 325 325 202 202
Total income 101509 101509 48 512 48 512
Expenditure
on:
Charitable
activities
Finance costs 30,281 30,281 26,334 26,334
Professional
fees
5,112 5,112
Other expenses 702 702 775 775
Governance
costs
1 570 1 570 3 140 1 430 1 430 2 860
Total expenditure 37665 1 570 39235 28 539 1 430 29 969
Net income for the year 63,844 (1,570) 62,274 19,973 (1,430) 18,543
Reconciliation
offunds
Total funds brought forward 2 320288 1159072 3 179360 2 300315 86~ 5112 3 160817
Total funds carried forward 2284~12 8~57 5 2 3~21298 2~2~28 859 072 3 179360

2022 2021
Note
Fixed assets
Tangible assets 3,257,724 4,127,724
Current assets
Debtors 5 239,429 2,141
Cash at bank and in hand 394,465 177,141
633894 179282
Current
liabilities
Creditors: Amounts falling due in less 6 462 984 910646
than one year
Net current assets/(liabilities) 170910 ( 731 364)
Total assets less current liabilities 3,428,634 3,396,360
Creditors: Amounts falling due in more 187,000 217,000
than one year
Net assets 3241634 3 ~17 6
Represented by
Unrestricted Funds 2,384,132 2,320,288
Restricted
Funds
857 502 859 072
Total charity funds 3 241 834 3 179 360

Creditors: Amounts falling due in less than o ne year
2022 2021
f f
Other loans — interest free 167,000 157,000
Other loans - interest bearing 250,000 600,000
Loan from Purley Baptist Church 30,000 30,000
Other creditor 100,000
Accruals 15984
4~24
13646
~14

Credi tors: Amou nts
falling due in more than
one year
2022f 2021f
Loan from Purley Baptist Church 187,000 217,000
Other loans (see note 6)
187000 217

Restri cted Funds
Balance at Income Expenditure Balance at
1st January f f 31st December
Island Site Fund 859072 - 1 57' 557 502
includes
Analysis
necessary
expenditure
o
of net assets between
n support costs such as audit
funds
and legal fee s
Fixed Current Liabilities Total
Assets Assets
f f
General Fund 2,418,253 614,363 (648,484) 2,384, 1 32
Island Site Fund 839 471 19531 (
1 500)
857 562
~3257 72 533 894 7544L47 3,~244 4