2023-03-31-accounts

Legal and administrative	information	information
Directors' report (incorporating		the Trustees' annual	report)	2-4
Independent examiner's	report
Statement offinancial activities
galance sheet
Notes tothe accounts				8-14

		Unrestricted	Restricted	2023	Unrestricted	Restricted	2022
		funds	funds	Total	funds	funds	Total
	Notes	E	6	6	E	E	E
income fium:
Donations, grants and legacies	2	174,874	23,928	198,&02	173,757		217,965
Charitable activities		700	6,611	7,311	1,149	2,397	3,546
Property letting		3,192		3,192	870		870
Investment - bank interest		395		395	7		7
Total income		179,161	30,539	209,700	175,783	46,605	222,388
Expenditure on:
Charitable activities	3	202,139	40,793	242,932	162,140	20,647	182,787
Total expenditure		202,139	40,793	242,932	162,140	20,647	182,787
Net income/(expenditure)		(22,978)	(10354)	(33932)	13,643	25,958	39,601
Transfers	16	2,000	(2,000)		4,875	(4,875)
Net movement in funds		(20,978)	(12,254)	(33+32)	18,518	21,083	39,601
Total funds brought forward		965,087	34,731	999,818	946,569	13,648	960,217
Total funds carried forward		944,109	224477	966,586	993,883	34. 3	999,818

Fixed assets
Tangible assets			869,147	891,655
Total axed assets			869,147	891,655
Current assets Debtors			13„6I58	51~
Cash atbank and in	hand		112427	86~2
Total cunent assets			126,485	138,182
Creditors: amounts	falling due within one year	13	(4,980)	(5.699)
Net current assets			12~05	132,483
Total assets less cununt FaNitfes			990,652	1,024,138
Creditors: amounts	falling due after one year	14	(24,066)	(24320)
Total net assets			966996	9996II9
Represented By
RINDS
Designated funds			857907	877,445
General funds			86,902	87,642
tinresiricted funds		15	944,109	965,087
Restricted funds		16	22,477	34,731
Total charily funds		17

						Unrestliaed	Unrestliaed	Remdcted	2023	UnfestnctlBd	UnfestnctlBd	Reslnctmi	2022
							funds	Funds	Total		funds	Funds	Total
					Notes			f	f		f	f	f
Ministry salary costs					8	72,401		5,941	7$,342		75,103	8,642	83,745
Training and conferences						3,776			3,776		3,263		3,263
Children and youth ministry							207	1,360	1,567		92	972	1,064
Evangelism and publidty							423		423		551	44	595
student ministry								2,307	2,307			1,497	tr497
Books and publications							117		117		220		220
Church Weekend							140	1,418	1,558
Other ministry cosu (induding				ministms'	expenses)	3,017		1,$33	4,850		1,870		2,666
Membership &affiliation		fees				3,559			3,559		3,500		3,500
Grants payable					4	14,188		4,497	18,685		13,015	3,937	16,952
Property costs					5	73,575		23,408	96,983		50,716	4,623	55,339
Administration costs					6	30.736		29	30,765		13,810	136	13,946
Expenditure on chanlable			acuvity -grants payable
									2023				2022
						Insbtuuons		Individuals	Total	institutions		Individuals	Total
							E	E	f		f	f	f
Missionary support						14,0SS		100	14,188		12,377	638	13,015
Relief ofpoveny								4r497	4,497			3,937	3.937
Mission support and charilable				giving was prindpagy		to fund	Mission	Partners working	in Asia,	Australia	and Europe (induding the UK). The
Church also supported	church			members	going on short term missions.
Grants paid toinstitutions			included:					E
New Tdlbes Mission Operation Mobilisation								2,100 3~
Fronuers Crosslinks								3,360 1~
Radstock Ministries								2,240
No other grants for more than				f17gm were paid toinstitutions.
Expenditure on charitable			acthrity - property coals
						Unlesulcted		Remitted	2023	Unrestricted		Restricted	2022
							funds	Funds	Total		funds	Funds	Total
							E	f	f		E	E	F.
Building project expenses								1,575	1,575		4,166	1,546	5,712
Dtt Centre property costs								21,145	65,234		16,108	1.332	17,440
47Irrdolm Road property costs							5,554	688	6,242		6,572	750	7,322
Deprecwtlon						22,507			22,507		23,870
Mortgage arrangement		and interest costs					1,425		tr425				995
												4623	55339

				Unresblcted	Restricted	2023	Unrestrkted	Restricte	2022
				funds	Funds	Total	funds	Funds	Total
			Notes	f	f		f	E	E
Administrative	sahry costs			16,373		16,373	3,12D		3,120
Olfice expenses				5,001		5,001	3,305		AS
Other expenses				7,6&6	29	7,715	5,815		S,S79
legal and professional fees				542		542	514		514
Bank charges				144		144	96	72	168
Independent examination		and acmunts fee		990		990
					29	~30765	13S10	136	13946

Staffcosts
					2022
					E
Salaries (Ministry and Administrative)				88,529	80,058
Emphyer's	National	Insurance	contriibutions	7,183	6,960
Employe/ s	allowance			(5,000)	(4,000)
Employer's	pension mmributions			4,003	3,847
				~94715	~86 865

11	Tangitlle fixed asset	s
					Fhtures and
				property	Fatings	Equipment	Total
				E	E.	E	E
	Cast
	Asat 1April 2022			1,090,773	16,306	15,730	1,122,809
	Additions
	Disposals As at31March 2023			~1090773	16,306	~15730	1,122,809
	Deprecmtion
	As at1April 2022			200,197	15,227	15,730	231,154
	Charge this pediod			21,968	540
	Biminated on disposal
	Asat31March 2023			222,165	15,767	15,730	253.662
	net book value
	Asat31March 2023			&68608	539		869147
	As at31March 2022						891655
	Ag fixed assets are considered to befor direct charitable		purposes.
							2022
							E
	Income tax recoverable					8,197	37,807
	Prepayments					5,761	4,743
	Other debtors						9,290
						~13958	~51840
13	reditorsi amounts	falling due within one year
							2022
							E
	Accruals					4,468	4,912
	Mortgage repayable	within one year				512	787
						~4980	~5699
14	Crediuus: amounts	falling due in mom than one year
						2023	2022
						E	E
	Mortgage repayable	afier more than one year				24,066	24,320
						~24 066	~24 320

								Balance							Balance
								b/fwd	Income		Expenditure		Transfers		c/fwd
								E		E		E	E		E.
	eggnated funds
	Growth Fund							8,151					2,000		10,151
	Mission Support Fund							2,315				(2,315)	2,056		2,056
	Property Fund							866979						845,000
								877,445			(24,823)		4,585	857,207
	GeneralFunds							87,642	179,161		(1T/,316j		(2,585)		86,902
	The designated funds			represent amounts set aside by the directors			for	spedfic purposes:
i)	The Growth Fund	represents resources				set aside bythe directors tofacilitate church growth via church planting and similar projects.
ii)	The Mission Support			Fund represents		msources set aside bythe directors for distribution				asgrants	to individuals and		institutions	undertaking
	mission achviues.		The directors		aim	to set aside loss of unrestrilcted		income annually		klr distribution		as grants	and the balance		camed
	forward ofE2,056		represents the		balance set aside but unspern atthe			year end.
iii)	The Property Fund		represents the		net	book value ofthe properties,	and the assodated		mortgage due. Transfers tothe fund represent						capital
	mortgage repayments.
	Poor peof conlponson
								guiana							Balance
								b/fwd	Income		Expendeere		Transfers		r/fwd
								E		E		E	E		E
	Designated funds
	Growth Fund							8,151							8,151
	Mission Support Fund Property Fund							1,465 884923			(1,465) I~L		2,315 4574	2,315 866,979
								894429			(23973/		6,S89	S77,445
	General Funds							52,040	175,783		(138,167)		/2,014)		S7,642
16	Restricted funds
	The restriaed funds represent amounts received for spedTlc purposes							and the movements		in the year are as follows:
								Balance							Balance
								b/fwd	Income				Transfers		c/fwd
								E		E			E		E
	Buikiing Fund							8,999	10,531			(1,633)	(2,000)		15,897
	Housing Fund									688		(688)
	Discretionary Fund							3,099		2,770		(4,638)			1,231
	Youth and Student		Ministry Fund					633		2,685		(2,307)			1,011
	Ministers Fund									1,835		(1,835)
	Youth &Children's		worker Fund							6,325		(3,365)			2,960
	Other Resuicted	Funds						22,000		5,705		(26,327)			1,378

nestrlcted funds -continued	nestrlcted funds -continued
Plier yeol compifnsoll		Belonce				Balance
		bffwd	Income	Expenditure	Transfers	cffwd
		E	E	E	E	E
Buihling Fund		9,054	3,911.	(3')	(574)
Housing Fund			750	PSD)
Discrebonory Fund		3477	3,759	(3,937)		3.099
Youth ond Student	Minisoy Fund	665		(1,497)		633
Ministers Fund			2,642	(2.642)
Youth it Chrydnm's	worker Fund		6,fxxr	(6,0DD)
Other Resrlcred Fund's			28.078	(2,429)
net assets by fund
			General		nestncted	2073
			funds		Funds	Total
			f		f	f
Tangible fixed assets				869,147		869,147
Current assets			91,370	12,638	22,477	126,485
Creditors: amounts	falling due within one year		(4,468)	(512)		(4,980)
Crefitorsi amounts	due after one year			(24,066)		(24,066)
Free mserves - general funds excluding tangible fixed assets			~86 902
Prxx yeilr cofnponson			Genem)	Designated	Restricted	2022
			funds	funds	Funds	Total
				E	E	E
Tangible fared assets				891,655		891,655
Current assets			92,554	10,897		138,182
Creditors: amounts	feging due within one year		(4,912)	(787)		(5.699)
Cledltoml amOuntS	due efh.rone year			(24,320)		(24~0)
Free reswves —genera/ funds excluding tangible jixed assets			~87 642
Opalaung lease commihnerns
Asat31March 2D23the charily was committed to making the following		payments	under operating	leases asfogows:
					2073 f	2022f
Other leases
Amounts payable	not later than one year				1,250	1,068
Amounts payable	later than one year and not later than five years				4,688 ~5938	1,068 ~2136