| Page | |||||
|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's | report) | ||
| Independent examiner's report to the |
trustees | ||||
| Statement of financial activities |
(including | income and | |||
| expenditure account) |
|||||
| Statement of financial position |
|||||
| Notes to the financial statements | 10 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | 2 | 2 | 2 | 2 | |||
| Income and endowments | |||||||
| Donations and legacies |
5 | 20,525 | 135 | 20,660 | 24,511 | ||
| Charitable activities |
6 | 20,522 | 500 | 21,022 | 43,061 | ||
| Other trading activities |
7 | 20,826 | 20,826 | 24,632 | |||
| Investment income |
8 | 38 | 38 | ||||
| Total income | 61,911 | 635 | 62,546 | 92,204 | |||
| Expenditure | |||||||
| Expenditure on raising funds: |
|||||||
| Costs of raising donations | and | ||||||
| legacies | 9 | 787 | 787 | 23,818 | |||
| Investment management |
costs | 10 | 7,225 | 7,225 | 8,622 | ||
| Expenditure on charitable |
activities | 11,12 | 239,186 | 3,288 | 242,474 | 318,673 | |
| Total expenditure | 247,198 | 3,288 | 250,486 | 351,113 | |||
| Net (losses)/gains on investments |
13 | (137,841) | (137,841) | 164,668 | |||
| Net expenditure and net |
movement | in | |||||
| funds | (323,128) | (2,653) | (325,781) | (94,241) | |||
| Reconciliation of funds |
|||||||
| Total funds brought forward |
1,151,324 | 12,218 | 1,163,542 | 1,257,783 | |||
| Total funds carried forward | 828,196 | 9,565 | 837,761 | 1,163,542 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | 2 | ||||
| Fixed assets | |||||
| Tangible fixed assets | 18 | 1,862 | 6,737 | ||
| Investments | 19 | 831,514 | 1,154,056 | ||
| 833,376 | 1,160,793 | ||||
| Current assets | |||||
| Debtors | 20 | 12,192 | 14,417 | ||
| Cash at bank and in | hand | 8,682 | 32,933 | ||
| 20,874 | 47,350 | ||||
| Creditors: amounts | falling | due within one year | 21 | 16,489 | 44,601 |
| Net current assets | 4,385 | 2,749 | |||
| Total assets less current | liabilities | 837,761 | 1,163,542 | ||
| Net assets | 837,761 | 1,163,542 | |||
| Funds of the charity | |||||
| Restricted funds | 9,565 | 12,218 | |||
| Unrestricted funds |
828,196 | 1,151,324 | |||
| Total charity funds | 24 | 837,761 | 1,163,542 |
| income or | expend | iture. | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2022 | ||||
| 2 | ||||||
| Donations | ||||||
| G Y W Holmes | ||||||
| Laing Trust | 5,000 | 5,000 | ||||
| Methodist | Chapel | Aid | ||||
| Jerusalem | Trust | |||||
| Other donations | and legacies | |||||
| Other donations | and legacies | &F1,000 | 15,525 | 135 | 15,660 | |
| 20,525 | 135 | 20,660 |
| Unrestricted | Restricted | Total Funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | ||||||||
| Donations | ||||||||||
| G YW Holmes | 7,225 | 7,225 | ||||||||
| Laing Trust | ||||||||||
| Methodist | Chapel | Aid | 785 | 785 | ||||||
| Jerusalem | Trust | 2,000 | 2,000 | |||||||
| Other donations | and legacies | |||||||||
| Other donations | and legacies | &21,000 | 14,371 | 130 | 14,501 | |||||
| 24,381 | 130 | 24,511 | ||||||||
| 6. | Charitable | activities | ||||||||
| Unrestricted | Restricted | Total Funds | ||||||||
| Funds | Funds | 2022 | ||||||||
| 2 | F | 2 | ||||||||
| Church life |
and mission | 1,105 | 1,105 | |||||||
| Conferences | &courses | 8,694 | 8,694 | |||||||
| Country Way | and other subscriptions | 10,723 | 500 | 11,223 | ||||||
| 20,522 | 500 | 21,022 | ||||||||
| Unrestricted | Restricted | Total Funds | ||||||||
| Funds | Funds | 2021 | ||||||||
| 2 | 2 | |||||||||
| Church life |
and mission | 99 | 11 | 110 | ||||||
| Conferences | 8 courses | 30,413 | 30,413 | |||||||
| Country Way | and other subscriptions | 11,068 | 1,470 | 12,538 | ||||||
| 41,580 | 1,481 | 43,061 | ||||||||
| 7. | Other trading | activities | ||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
| Funds | 2022 | Funds | 2021 | |||||||
| 2 | ||||||||||
| Investment | income | 19,855 | 19,855 | 22,629 | 22,629 | |||||
| Rental income | 971 | 971 | 2,003 | 2,003 | ||||||
| 20,826 | 20,826 | 24,632 | 24,632 |
| 8. | Investment | i | ncome | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
| Funds | 2022 | Funds | 2021 | |||||||
| 2 | 2 | |||||||||
| Other interest | receivable | 38 | 38 | |||||||
| 9. | Costs of raising donations | and legacies | ||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
| Funds | 2022 | Funds | 2021 | |||||||
| 2 | 2 | |||||||||
| Fundraising | 787 | 787 | 23,818 | 23,818 | ||||||
| 10. | Investment | management | costs | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
| Funds | 2022 | Funds | 2021 | |||||||
| 2 | 2 | 6 | ||||||||
| Investment | management | costs | 7,225 | 7,225 | 8,622 | 8,622 | ||||
| 11. | Expenditure | on charitable | activities | by fund | type | |||||
| Unrestricted | Restricted | Total Funds | ||||||||
| Funds | Funds | 2022 | ||||||||
| 2 | 2 | 2 | ||||||||
| Charitable | activities | 219,755 | 3,288 | 223,043 | ||||||
| Support costs | 19,431 | 19,431 | ||||||||
| 239,186 | 3,288 | 242,474 | ||||||||
| Unrestricted | Restricted | Total Funds | ||||||||
| Funds | Funds | 2021 | ||||||||
| 8 | 2 | 6 | ||||||||
| Charitable | activities | 299,969 | 421 | 300,390 | ||||||
| Support costs | 18,283 | 18,283 | ||||||||
| 318,252 | 421 | 318,673 |
| Expenditu | re | on charitable ac |
tivities by activity typ |
e | |||
|---|---|---|---|---|---|---|---|
| Activities | |||||||
| undertaken | Total funds | Total fund | |||||
| directly | Support | costs | 2022 | 2021 | |||
| 2 | 2 | ||||||
| Charitable | activities | 223,043 | 223,043 | 300,390 | |||
| Governance | costs | 19,431 | 19,431 | 18,283 | |||
| 223,043 | 19,431 | 242,474 | 318,673 |
| 13. | Net (losses)/ | gai | ns on i |
n | vestme | nts | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
| Funds | 2022 | Funds | 2021 | |||||||
| 8 | 2 | 8 | 6 | |||||||
| Gains/(losses) | on listed | investments | (137,841) | (137,841) | 164,668 | 164,668 | ||||
| 14. | Net expenditure | |||||||||
| Net expenditure | is stated | after charging/(crediting): | ||||||||
| 2022 | 2021 | |||||||||
| 2 | ||||||||||
| Depreciation | of | tangible | fixed assets | 4,875 | 7,232 | |||||
| 15. | Independent | examination | fees | |||||||
| 2022 | 2021 | |||||||||
| 2 | ||||||||||
| Fees payable | to | the independent | examiner for: | |||||||
| Independent | examination | of the | financial | statements | 1,560 | 1,550 |
| Staff co | sts | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| The total | staff costs | and | employee | benefits for | the reporting period are analysed as follows: |
||||
| 2022 | 2021 | ||||||||
| 2 | 2 | ||||||||
| Wages and salaries | 114,262 | 184,373 | |||||||
| Social security costs | 5,062 | 11,577 | |||||||
| Employer | contributions | to pension | plans | 7,435 | 11,955 | ||||
| 126,759 | 207,905 | ||||||||
| The average head |
count of employees | during | the year was 5 (2021:4).The average | number of |
|||||
| full-time | equivalent | employees | during | the year | is analysed as follows: | ||||
| 2022 | 2021 | ||||||||
| No. | No. | ||||||||
| Number | of staff | 5 | 4 |
| Tangible fixed assets | |
|---|---|
| Equipment | |
| 2 | |
| Cost | |
| At 1January 2022 and 31 December 2022 | 49,109 |
| Depreciation | |
| At 1 January 2022 | 42,372 |
| Charge for the year | 4,875 |
| At 31 December 2022 | 47,247 |
| Carrying amount |
|
| At 31 December 2022 | 1,862 |
| At 31 December 2021 | 6,737 |
| Investments | |
|---|---|
| Other | |
| investments | |
| 2 | |
| Cost or valuation | |
| At 1 January 2022 | 1,154,056 |
| Additions | 77,471 |
| Disposals | (262,173) |
| Fair value movements | (137,840) |
| At 31 December 2022 | 831,514 |
| Impairment | |
| At 1 January 2022 and 31 December 2022 | |
| Carrying amount |
|
| At 31 December 2022 | 831,514 |
| At 31 December 2021 | 1,154,056 |
| Debtors | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Trade debtors | 130 | 350 | |
| Prepayments | and accrued income | 11,034 | 10,610 |
| Other debtors | 1,028 | 3,457 | |
| 12,192 | 14,417 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| 2 | ||||
| Trade creditors | 1,997 | 1,380 | ||
| Accruals and deferred | income | 12,341 | 34,958 | |
| Social security and other taxes | 2,002 | 3,734 | ||
| Other creditors | 149 | 4,529 | ||
| 16,489 | 44,601 | |||
| 22. | Deferred income |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 2 | 6 | ||||
| At | 1 | January | 2022 | 9,035 | 22,613 |
| At | |||||||
|---|---|---|---|---|---|---|---|
| At | 1 January | Gains and 31 | December | ||||
| 2022 | Income | Expenditure | losses | 2022 | |||
| 2 | 2 | 2 | |||||
| General | funds | 1,151,324 | 61,911 | (247,198) | (137,841) | 828,196 | |
| At | |||||||
| At | 1 January | Gains and 31 | December | ||||
| 2021 | Income | Expenditure | losses | 2021 | |||
| 2 | 2 | 6 | |||||
| General | funds | 1,246,755 | 90,593 | (350,692) | 164,668 | 1,151,324 |
| Restricted | funds | ||||||
|---|---|---|---|---|---|---|---|
| At | |||||||
| At | 1 January | Gains and 31 | December | ||||
| 2022 | Income | Expenditure | losses | 2022 | |||
| Jerusalem | Trust | 3,197 | 3,197 | ||||
| Local Collaborative | |||||||
| Ministry | 557 | 557 | |||||
| Churches | Rural Group | 5,811 | 5,811 | ||||
| Agricultural | Chaplaincy | 1,358 | 635 | (1,993) | |||
| Website | 1,295 | (1,295) | |||||
| 12,218 | 635 | (3,288) | 9,565 | ||||
| At | |||||||
| At | 1 January | Gains and 31 | December | ||||
| 2021 | Income | Expenditure | losses | 2021 | |||
| F | 2 | 2 | |||||
| Jerusalem | Trust | 3,197 | 3,197 | ||||
| Local Collaborative | |||||||
| Ministry | 557 | 557 | |||||
| Churches | Rural Group | 4,671 | 1,140 | 5,811 | |||
| Agricultural | Chaplaincy | 1,308 | 471 | (421) | 1,358 | ||
| Website | 1,295 | 1,295 | |||||
| 11,028 | 1,611 | (421) | 12,218 |
| Analysis | of net as | sets between funds | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2022 | |||
| 2 | 2 | ||||
| Tangible | fixed assets | 1,862 | 1,862 | ||
| Investments | 831,514 | 831,514 | |||
| Current | assets | 11,309 | 9,565 | 20,874 | |
| Creditors | less than | 1 year | (16,489) | (16,489) | |
| Net assets | 828,196 | 9,565 | 837,761 | ||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| 2 | |||||
| Tangible | fixed assets | 6,737 | 6,737 | ||
| Investments | 1,154,056 | 1,154,056 | |||
| Current | assets | 35,132 | 12,218 | 47,350 | |
| Creditors | less than | 1 year | (44,601) | (44,601) | |
| Net assets | 1,151,324 | 12,218 | 1,163,542 |
| Operating leas |
e commit | ments | |||||
|---|---|---|---|---|---|---|---|
| The total future | minimum | lease payments | under | non-cancellable | operating | leases are as follows: | |
| 2022 | 202t | ||||||
| 2 | |||||||
| Not later than t | year | 20,000 | 20,000 | ||||
| Later than t year and not | later than 5 years | 27,500 | 47,500 | ||||
| 47,500 | 67,500 |