| Trustees | Stephen Adewole | ||||
|---|---|---|---|---|---|
| Fiona Wells | |||||
| Owen Day | |||||
| Christopher Harris |
|||||
| Caroline Boxall | |||||
| DrAnne Boocock | (Appointed 15 February | ||||
| 2023) | |||||
| Secretary | Owen Day | ||||
| Charity number | 1103436 | ||||
| Company | number | 05049817 | |||
| Company Umlted |
By Guarantee | ||||
| Principal | address | Wells Way | |||
| Camberwell | |||||
| London | |||||
| SES7SY | |||||
| Independent | examiner | Caroline Brazier | |||
| SKSAudit LLP | |||||
| St Mary's Court | |||||
| The Broadway | |||||
| Old Amersham | |||||
| Bucklnghamshire | |||||
| HP7 OUT | |||||
| Bankers | Barclays Bank PLC | ||||
| Coop Bank PLC |
| Page | |||
|---|---|---|---|
| Trustees' report | 1-3 | ||
| Independent examiner's |
report | ||
| Statement offlnanchl | actMtles | ||
| Balance sheet | |||
| Notes to the financial | statements | 7-14 |
| Unrestricted | Designated | Restricted | Total | Unrestricted | Designated | Restricted | Total | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | funds | funds | ||||||
| Notes | 2023 8 |
2023 | 2023 | 2023f | 2022 8 |
2022f | 2022 6 |
2022f | |||
| Income from: | |||||||||||
| Donations and |
legades | 82,638. | 92,176 | 174,814 | 102253 | 55,559 | 157,812 | ||||
| Charitable activities |
37,984 | 37,984 | 36,718 | 38,718 | |||||||
| Total Income | 120,622 | 92,176 | 212,798 | 138.971 | 55,559 | 194,530 | |||||
| Ra dil |
|||||||||||
| Charitable activities |
5 | 126,400 | 5,750 | 62,936 | 195,086 | 134,921 | 5,750 | 36,061 | 176,732 | ||
| Net (outgoing)/incoming | resources before transfers | (5,778) | (5,750) | 29240 | 17,712 | 4,050 | (5,750) | 19,498 | 17,798 | ||
| Gross transfers | between funds | (3,068) | 3,068 | 27,385 | (27,385) | ||||||
| Net movement | ln funds | (8,846) | (5,750) | 32,308 | 17,712 | 31,435 | (5,750) | (7,887) | 17,798 | ||
| Fund balances | at 1 March 2022 | 105,635 | 11,500 | 25,585 | 142,720 | 74,200 | 17,250 | 33,472 | 124,922 | ||
| Fund balances | at 28 February 2023 | 96,789 | 5,750 | 57,893 | 160,432 | 105,635 | 11,500 | 25,585 | 142,720 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Notes | 6 | 6 | 8 | |||
| Fhed assets | ||||||
| Tangible assets | 64,033 | 73,397 | ||||
| Current assets | ||||||
| Debtors | 37,226 | 23,465 | ||||
| Cash at bank and in | hand | 81,565 | 48,078 | |||
| 98,790 | 71,543 | |||||
| Creditors: amounts | falling due within | |||||
| one year' | 10 | (2,391) | (2,220) | |||
| Net current assets | 96,399 | 69,323 | ||||
| Total assets less current liabilifies | 160,432 | 142,720 | ||||
| Income funds | ||||||
| Restricted funds | 57,893 | 25,585 | ||||
| Designated Funds |
5,750 | 11WO | ||||
| Unresbfcted funds |
96,789 | 105,635 | ||||
| 160,432 | 142,720 |
| Donations | and legacies | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| funds | funds | funds | funds | ||||
| 2023 | 2023 | 2023 | 2022 | 2022 | |||
| 6 | 8 | 8 | 6 | ||||
| Donations | and gifts | 54,335 | 850 | 55,185 | 67,491 | 13,623 | 81,114 |
| Gift Aid Tax Recoverable | 13,564 | 213 | 13,797 | 16,873 | 3,466 | 20,339 | |
| Other Donations | 14,719 | 91,113 | 105,832 | 17,889 | 38,470 | 56,359 | |
| 82,638 | 92,176 | 174,814 | 102,253 | 55,559 | 157,812 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| 8 | 6 | ||||||
| Staffcosts | 111,490 | 108,734 | |||||
| Depreciation | end Impairment | 6,987 | 6,934 | ||||
| Church Activities | 32,596 | 20,868 | |||||
| Building Cost | 22,708 | 18,484 | |||||
| Grant Payable | 8,538 | 7,871 | |||||
| Subscrfptions | 1,221 | 5,520 | |||||
| Conferences | 690 | 265 | |||||
| Training | 560 | 711 | |||||
| Governance | Iindependent | examination | fees) | 2,385 | 2,231 | ||
| Travel and hospitality | 1,382 | 1,207 | |||||
| Office costs | 6,529 | 3,907 | |||||
| 195,086 | 176,732 | ||||||
| 195,086 | 176,732 | ||||||
| Analysis by |
fund | ||||||
| Unrestricted | funds | 128,400 | 134,921 | ||||
| Designated Funds |
5,750 | 5,750 | |||||
| Restricted funds | 62,936 | 36,061 | |||||
| 195,086 | 176,732 | ||||||
| Grant Payable | |||||||
| 2023 | 2022 | ||||||
| 6 | |||||||
| Mhslon support | 8,538 | 7,871 | |||||
| 8,538 | 7,871 | ||||||
| The main benemarles | ofthe grants made to Institutions | were: | 2023 | 2022 | |||
| 6 | 8 | ||||||
| Mr &Mm Pdce Gift | 1,100 | 1,100 | |||||
| I-Net | 5,659 | 5,580 | |||||
| London Baptist Association | 481 | 481 | |||||
| Others | 1,298 | 710 | |||||
| 7,871 |
| 2023 | 2022 | ||
|---|---|---|---|
| Number | Number | ||
| Employment | costs | 2023 | 2022 |
| K | 6 | ||
| tNages and salaries | 107,225 | 103,846 | |
| Social security | costs | 2,277 | 2,926 |
| Pension costs | 1,988 | 1,962 | |
| 111,490 | 108,734 |
| Tangible fixed assets | |||||
|---|---|---|---|---|---|
| Freehold land | Fhturee and | Cornputere | Total | ||
| and buildings | fttange | ||||
| 6 | 8 | ||||
| Cost | |||||
| At 1 March 2022 | 176,350 | 21,448 | 14,442 | 212,240 | |
| Additions | 690 | 690 | |||
| At 28 February 2023 | 176,350 | 21,448 | 15,132 | 212,930 | |
| Depreciation and impairment |
|||||
| At 1 March 2022 | 108,368 | 20,307 | 10,167 | 138,842 | |
| Depreciation charged |
ln the year | 8,818 | 858 | 379 | 10,055 |
| At 28 February 2023 | 117,186 | 21,165 | 10,546 | 148,897 | |
| Carrying amount |
|||||
| At 28 February 2023 | 59,164 | 283 | 4,586 | 64,033 | |
| At 28 February 2022 | 67,982 | 1,141 | 4,274 | 73,397 |
| 9 | Debtors | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Amounts | falling due | within one | year. | 2023 5 |
2022f | |||||||
| Tax Recoverable | 34,074 | 20,278 | ||||||||||
| Prepayments | and accrued income | 3,151 | 3,187 | |||||||||
| 37,225 | ||||||||||||
| 10 | Creditors: amounts | falling due within | one year | |||||||||
| 2023 | 2022 | |||||||||||
| 5 | ||||||||||||
| Accruals snd deferred | Income | 2,391 | ||||||||||
| 11 | Restricted funds | |||||||||||
| The Mcome funds of the charity | indude | restdcted | funds | comprising | the following | unexpended | brdancss of |
|||||
| donations | and | grants | held on trust | for spedflc purposes: | ||||||||
| Movement | In funds | |||||||||||
| Balance et | Inoomlna | Reaouroes | Transfers | Balance st | ||||||||
| 1 Iaamh 2022 |
resources | expo rid ed | 2SFebruary2I | |||||||||
| 5 | 2 | |||||||||||
| Welcome | project | (3,068) | 3,066 | |||||||||
| Reach London | 3,272 | (2,308) | 964 | |||||||||
| Step Out | 25,585 | 88,904 | (57,580) | 56,929 | ||||||||
| 25,585 | 92,176 | (B2,938) | 3,068 | 57,893 |
| 13 | Analysis ofnet assets between funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Unrestdcted | Designated | Restricted | Total | ||
| funds | funds | funds | funds | funds | funds | ||||
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | 2022 | |||
| 6 | 6 | 6 | f | 5 | |||||
| Fund balances at 28 February 2023 are represented | |||||||||
| by: | |||||||||
| Tangible assets | 5,760 | 64,033 | 61,897 | 11,500 | 73,397 | ||||
| Current assets/(gablllges) | 96,399 | 43,738 | 69,323 | ||||||
| 5,750 | 160,432 | 105,635 | 11,500 | 142,720 |