| Page | |
|---|---|
| Directors report | 1-4 |
| Independent examinef s report |
|
| Statement offinancial activities |
|
| Balance sheet | |
| Statement ofcash flows |
|
| Notes to the financial statements | 9-17 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | f | 6 | ||||
| Income and endowments | from' | |||||
| Donations and |
legacies | 701,797 | 478,053 | |||
| Charitable activities |
21,630 | 19,457 | ||||
| Other income | 4,587 | |||||
| Total income | 723,427 | 502,097 | ||||
| ~Edit | ||||||
| Raising funds | 1,163 | 211 | ||||
| Charitable activities |
578,463 | 474,556 | ||||
| Other | 61,236 | 55,703 | ||||
| Total expenditure | 640,862 | 530,470 | ||||
| Net income/(expenditure) | for the year/ | |||||
| Net movement | in funds | 82,565 | (28,373) | |||
| Fund balances | at 1 April 2021 | 522,834 | 551,207 | |||
| Fund balances | at 31 March | 2022 | 605,399 | 522,834 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | f | |||||||
| Fixed assets | ||||||||
| Tangible assets | 9 | 1,292,485 | 1,287,228 | |||||
| Investments | 10 | 1 | 1 | |||||
| 1,292,486 | 1,287,229 | |||||||
| Current assets | ||||||||
| Debtors | 55,395 | 53,028 | ||||||
| Cash at bank and in | hand | 188,805 | 71,428 | |||||
| 244,200 | 124,456 | |||||||
| Creditors: | amounts | falling due within | ||||||
| one year | 13 | (131,912) | (44,226) | |||||
| Nei current | assets | 112,288 | 80,230 | |||||
| Total assets less current liabilities | 1,404,774 | 1,367.459 | ||||||
| Creditors: more than |
amounts one year |
falling due after | 14 | (799,375) | (844,625) | |||
| Net assets | 605,399 | 522,834 | ||||||
| Income funds | ||||||||
| ~Ii iNd |
d | |||||||
| Designated | funds | 15 | 498,099 | 461,948 | ||||
| General unrestricted | funds | 107,300 | 60,886 | |||||
| 605,399 | 522,834 | |||||||
| 605,399 | 522,834 |
| 2022 | 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Notes | ||||||||||
| Cash flows from operating | activities | |||||||||
| Cash generated from/(absorbed |
by) | 19 | ||||||||
| operations | 193,786 | (19,840) | ||||||||
| Investing | activities | |||||||||
| Purchase | oftangible fixed assets |
(38,992) | ||||||||
| Net cash | used in investing | activities | (38,992) | |||||||
| Financing | activities | |||||||||
| Proceeds | ofnew bank loans | 50,000 | ||||||||
| Repayment | of bank loans | (37,417) | (29,486) | |||||||
| Net cash (used in)/generated | from | |||||||||
| financing | activities | (37,417) | 20,514 | |||||||
| Net increase in cash and cash | equivalents | 117,377 | 674 | |||||||
| Cash and | cash equivalents | at | beginning | ofyear | 71,428 | 70,754 | ||||
| Cash and | cash equivalents | at | end of | year | 188,805 | 71,428 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Donations | and gifts | 701,797 | 478,053 | ||
| Donations | and gifts | ||||
| Gifts and | offerings | 611,455 | 405,139 | ||
| Tax reclaimed | 90,342 | 72,914 | |||
| 701,797 | 478,053 | ||||
| 3 | Charitable | activities | |||
| 2022f | 2021 | ||||
| Church activities | 21,630 | 19,457 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Fun raisin |
and | ublicit | |||
| Fundraising | events | 1,163 | 211 | ||
| 1,163 | 211 | ||||
| 5 | Charitable | activities | |||
| 2022 | 2021 | ||||
| 6 | |||||
| Support Costs | 291,861 | 260,347 | |||
| General activities |
129,486 | 79,588 | |||
| Venue costs | 94,621 | 94,902 | |||
| Educational | courses | 11,281 | 633 | ||
| World Mission | 36,885 | 5,858 | |||
| Local Mission | 6,837 | 26,140 | |||
| Governance | costs | 7,492 | 7,088 | ||
| 578,463 | 474,556 |
| Tangible fix | ed asset | s | |||||
|---|---|---|---|---|---|---|---|
| Leasehold | Plant and | Computers | Motor vehicles | Tots I | |||
| land and | equipment | ||||||
| buildings | |||||||
| 6 | |||||||
| Cost | |||||||
| At 1 April 2021 | 1,537,684 | 97,630 | 74,085 | 20,900 | 1,730,299 | ||
| Additions | 22,592 | 16,400 | 38,992 | ||||
| At 31 March | 2022 | 1,537,684 | 97,630 | 96,677 | 37,300 | 1,769,291 | |
| Depreciation | and Impairment | ||||||
| At 1 April 2021 | 267,342 | 97,056 | 69,593 | 9,080 | 443,071 | ||
| Depreciation | charged | in the year | 20,786 | 470 | 7,067 | 5,412 | 33,735 |
| At 31 March | 2022 | 288,128 | 97,526 | 76,660 | 14,492 | 476,806 | |
| Carrying amount |
|||||||
| At 31 March | 2022 | 1,249,556 | 104 | 20,017 | 22,808 | 1,292,485 | |
| At 31 March | 2021 | 1,270,342 | 574 | 4,492 | 11,820 | 1,287,228 |
| Cost or valuation |
|---|
| At 1 April 2021 & 31 March 2022 |
| Carrying amount |
| At 31 March 2022 |
| At 31 March 2021 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Other investments | comprise: | Notes | 6 | 6 | |||
| Investments | in | subsidiaries | 18 | ||||
| 11 | Debtors | ||||||
| 2022 | 2021 | ||||||
| Amounts falling due within one year: |
f | 6 | |||||
| Amounts owed |
by | fellow group undertakings | 23,595 | 29,293 | |||
| Other debtors | 29,185 | 21,522 | |||||
| Prepayments | and | accrued income | 2,615 | 2,213 | |||
| 55,395 | 53,028 | ||||||
| 12 | Loans and overdrafts | ||||||
| 2022 | 2021 | ||||||
| Bank loans | 837,865 | 875,282 | |||||
| Payable within |
one year | 38,490 | 30,657 | ||||
| Payable after | one year | 799,375 | 844,625 |
| Name of | undertaking | Registered | Nature ofbusiness | Nature ofbusiness | Class of | % Held | |
|---|---|---|---|---|---|---|---|
| office | shares held | Direct Indirect | |||||
| Salvation | House Limited | D.K | Provision | ofConferencing | 1 | 100.00 | 0.00 |
| Facilities |
| 19 | Cash generated from |
operations | 2022 | 2021 | ||
|---|---|---|---|---|---|---|
| 6 | 6 | |||||
| Surplus/(deficit) for the |
year | 82,565 | (28,373) | |||
| Adjustments for: |
||||||
| Depreciation and impairment oftangible |
fixed assets | 33,735 | 27,224 | |||
| Movements in working |
capital. | |||||
| (Increase) in debtors Increase/(decrease) in |
creditors | (2,367) 79,853 |
(14,097) (4,594) |
|||
| Cash generated from/(absorbed |
by) operations | 193,786 | (19,840) |