||CALVARY TEMPLE UNITED PENTECOSTAL CHURCH|CALVARY TEMPLE UNITED PENTECOSTAL CHURCH|CALVARY TEMPLE UNITED PENTECOSTAL CHURCH|charity No
|1105609|**CC17a**| |---|---|---|---|---|---|---| ||Annualaccountsforthe period|||||| ||Period start date|**01/01/2022**|**To**|Period end
date|31/12/2022|| |||||||| |**Section A**|**Statement of financial activities**|||||| |**Recommended**
**categories by activity**
**Details of own**
**analysis**
Note
**Incoming resources (Note 3)**
**Incoming resources from**
**generated funds**
Voluntary income
S01
Activities for generating funds
S02
Investment income
S03
**Incoming resources from**
**charitable activities**
S04
**Other incoming resources**
S05
S06
**Resources expended (Notes 4-8)**
**Costs of Generating Funds**
Costs of generating voluntary
income
S07
Fundraising trading costs
S08
Investment management costs
S09
**Charitable activities**
S10
**Governance costs**
S11
**Other resources expended**
S12
S13
S14
S15
S16
S17
S18
S19
S20
S21
**_Total funds carried forward_**
**Total funds brought forward**
**_Net movement in funds_**
**_Net incoming/(outgoing) resources before_**
**_transfers_**
Gains and losses on investment assets
Gains and losses on revaluation of fixed assets
for the charity’s own use
**Other recognised** **gains/(losses)**
**_Net incoming/(outgoing) resources before_**
**_other recognised gains/(losses)_**
**Gross transfers between funds**
**_Total resources expended_**
**_Total incoming resources_**||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05||||| |||-|-|-|-|-| |||162,281|-|-|162,281|168,910| |||-|-|-|-|-| |||276|-|-|276|8| |||-|-|-|-|-| |||-|-|-|-|34,565| |||162,557|-|-|162,557|203,483| |||||||| |||-|-|-|-|-| |||161,618|-|-|161,618|169,384| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||161,618|-|-|161,618|169,384| |||939|-|-|939|34,099| |||-|-|-|-|-| |||939|-|-|939|34,099| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||939|-|-|939|34,099| |||688,800|-|-|688,800|654,701| |||689,739|-|-|689,739|688,800| CC17a (Excel) 25/10/2023 1 ## **Section B Balance sheet** |**Fixed assets**
**Tangible assets (Note 9)**
**Investments (Note 10)**
**_Total fixed assets_**
**Current assets**
**Stock and work in progress**
**Debtors (Note 11)**
**(Short term) investments**
**Cash at bank and in hand**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 12)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 12)**
**Provisions for liabilities and charges**
**_Net assets_**
**Funds of the Charity**
**Unrestricted funds**
**Restricted income funds (Note 13)**
**Endowment funds(Note 13)**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Note
B01
B02
B03
B04
B05
B06
B07
B08
B09

B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05| |---|---|---|---|---|---|---| |||488,126|-|-|488,126|500,990| |||2,996|-|-|2,996|3,994| |||-|-|-|-|-| |||491,122|-|-|491,122|504,984| |||||||| |||-|-|-|-|-| |||68,829|-|-|68,829|68,822| |||-|-|-|-|-| |||136,319|-|-|136,319|123,966| |||205,148|-|-|205,148|192,788| |||||||| |||6,531|-|-|6,531|8,972| |||||||| |||198,617|-|-|198,617|183,816| |||||||| |||689,739|-|**-**|689,739|688,800| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||||||| |||689,739|-|-|689,739|688,800| |||||||| |||-|||-|-| |||-|||-|-| ||||-||-|-| |||||-|-|-| |||||||| |||-|-|-|-|-| |||||||| |||Signature||Date of
approval
Print Name||| |||||M. WALKER||18.09.2023| |||||||| CC17a (Excel) 25/10/2023 2 ## **Section C Notes to the accounts** ## Note 1 **Basis of preparation** ## _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with: - Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); • and with*  Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE); - and with the Charities Act. CC17a (Excel) 25/10/2023 3 ## **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies** _**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_ ## **INCOMING RESOURCES** |**Recognition of incoming**|These are included in the Statement of Financial Activities (SoFA) when:| |---|---| |**resources**| the charity becomes entitled to the resources;| || the trustees are virtually certain they will receive the resources; and| || the monetary value can be measured with sufficient reliability.| |**Incoming resources with**|Where incoming resources have related expenditure (as with fundraising or contract income)| |**related expenditure**|the incoming resources and related expenditure are reported gross in the SoFA.| |**Grants and donations**|Grants and donations are only included in the SoFA when the charity has unconditional| ||entitlement to the resources.| |**Tax reclaims on donations**|Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to| |**and gifts**|which they relate.| |**Contractual income and**|This is only included in the SoFA once the related goods or services have been delivered.| |**performance related grants**|| |**Gifts in kind**|Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised.| ||Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or| ||distributed by the charity.| ||Gifts in kind for use by the charity are included in the SoFA as incoming resources when| ||receivable.| |**Donated services and**|These are only included in incoming resources (with an equivalent amount in resources| |**facilities**|expended) where the benefit to the charity is reasonably quantifiable, measurable and material_._| ||The value placed on these resources is the estimated value to the charity of the service or| ||facility received.| |**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.| |**Investment income**|This is included in the accounts when receivable.| |**Investment gains and losses**|This includes any gain or loss on the sale of investments and any gain or loss resulting from| ||revaluing investments to market value at the end of the year.| |**EXPENDITURE AND LIABILITIES**|| |**Liability recognition**|Liabilities are recognised as soon as there is a legal or constructive obligation committing the| ||charity to pay out resources.| |**Governance costs**|Include costs of the preparation and examination of statutory accounts, the costs of trustee| ||meetings and cost of any legal advice to trustees on governance or constitutional matters.| |**Grants with performance**|Where the charity gives a grant with conditions for its payment being a specific level of service| |**conditions**|or output to be provided, such grants are only recognised in the SoFA once the recipient of the| ||grant has provided the specified service or output.| |**Grants payable without**|These are only recognised in the accounts when a commitment has been made and there are| |**performance conditions**|no conditions to be met relating to the grant which remain in the control of the charity.| |**Support Costs**|Support costs include central functions and have been allocated to activity cost categories on a| ||basis consistent with the use of resources, eg allocating property costs by floor areas, or per| ||capita, staff costs by the time spent and other costs by their usage.| |**ASSETS**|| |**Tangible fixed assets for use**|These are capitalised if they can be used for more than one year, and cost at least £500. They| |**by charity**|are valued at cost or a reasonable value on receipt.| |**Investments**|Investments quoted on a recognised stock exchange are valued at market value at the year| ||end. Other investment assets are included at trustees' best estimate of market value.| |**Stocks and work in progress**|These are valued at the lower of cost or market value.| ||NONE| |**POLICIES ADOPTED**|| |**ADDITIONAL TO OR**|| |**DIFFERENT FROM THOSE**|| |**ABOVE**|| CC17a (Excel) 25/10/2023 4 ## **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of incoming resources** ## _**Incoming resources may be further analysed if this would help the reader of the accounts.**_ |**Activities for generating funds**
**Investment income**
**Incoming resources from**
**charitable activities**
**Voluntary income**|**Analysis**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| ||TIHES AND OFFERINGS|162,281|168,910| ||INVESTMENT INCOME|276|8| ||OTHER|-|34,565| |||-|-| |||-|-| ||**Total**|162,557|203,483| ||||| |||-|-| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| ||INTEREST RECEIVED|276|8| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|276|8| ||||| |||-|-| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| CC17a (Excel) 25/10/2023 5 ## **Section C Notes to the accounts (cont)** **Note 4 Analysis of resources expended Resources expended may be further analysed if this would help the reader of the accounts.** |**Investment**
**management costs**
**Costs of generating**
**voluntary income**
**Fundraising trading**
**costs**
**Governance costs**
**Charitable activities**|**Analysis**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| ||ADMINISTRATIVE COSTS|161,618|169,384| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|161,618|169,384| ||||| |||-|-| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| |||-|-| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| CC17a (Excel) 25/10/2023 6 ## **Section C Notes to the accounts (cont)** ## **Note 5 Support Costs** _**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_ |**_support costs._**||||| |---|---|---|---|---| |**Support cost type**|**Fundraising activity**
**£**|**Charitable Activity**
**£**|**Governance Activity**
**£**|**Total Cost**
**£**| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| |**Total**|-|-|-|-| ## **Note 6 Details of certain items of expenditure** ## **6.1 Trustee expenses** _**Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).**_ |**Number of trustees** **who were paid expenses**
**Nature of the expenses**
**Total amount paid**|**This year**|**Last year**| |---|---|---| |||| |||| ||**£**|**£**| ## **6.2 Fees for examination or audit of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).**_ |**_appropriate box(es)._**||| |---|---|---| |**Other fees (for example: advice, consultancy, accountancy**
**services) paid to the independent examiner or auditor**
**Independent examiner’s or auditors' fees for reporting on the**
**accounts**|**This year**
**£**|**Last year**
**£**| ||3696|2760| |||| CC17a (Excel) 25/10/2023 7 ## **Section C Notes to the accounts (cont)** **Note 7 Paid employees** _**Please complete this note if the charity has any employees.**_ ## **7.1 Staff Costs** |**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total**
**7.2 Average number of full-time equivalent employees in the year**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**
**Gross wages, salaries and benefits in kind**
**The parts of the charity in which the**
**employees work**|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total**
**7.2 Average number of full-time equivalent employees in the year**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**
**Gross wages, salaries and benefits in kind**
**The parts of the charity in which the**
**employees work**|**This year**
**£**|**Last year**
**£**| |---|---|---|---| |||35,299|38,317| |||3,025|3,518| |||2,616|3,763| |||40,940|45,598| ||||| ||**nt employees in the year**|**This year**
**Number**|**Last year**
**Number**| ||**Fundraising**|1|1| ||**Charitable Activities**|1|1| ||**Governance**|1|1| ||**Other**|-|-| ||**Total**|3|3| ## **7.3 Defined contribution pension scheme** _**Please complete if a defined contribution pension scheme is operated.**_ **Brief details of the scheme N/A** **The costs of the scheme to the charity for the year The amount of any contributions outstanding at the year end The amount of any contributions prepaid at the year end** **----- Start of picture text -----**
This year Last year
£ £
**----- End of picture text -----**
CC17a (Excel) 25/10/2023 8 ## **Section C Notes to the accounts (cont)** ## **Note 8 Grantmaking** _**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_ ## **8.1 Total value of grants** |**8.1 Total value of grants**||| |---|---|---| |**Purpose for whichgrants made**|**Grants to**
**institutions**
**Total amount £**|**Grants to**
**individuals**
**Total amount £**| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| |**_Total_**|**-**|**-**| ## **8.1 Grantmaking costs** _**If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.**_ ## **Support costs of grantmaking** **£** ## **8.3 Grants made to institutions** _**If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.**_ |**_institutions supported._**||| |---|---|---| |**Names of institutions**|**Purpose**|**Total amount of**
**grantspaid £**| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |**_Total grants to institutions_**||**-**| CC17a (Excel) 25/10/2023 9 ## **Section C Notes to the accounts (cont)** ## **Note 9 Tangible fixed assets** ## _**Please complete this note if the charity has any tangible fixed assets**_ ## **9.1 Cost or valuation** |**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery**
**and motor**
**vehicles**
**Fixtures,**
**fittings and**
**equipment**
**Payments on**
**account and**
**assets under**
**construction**
**Total**
**£**
**£**
**£**
**£**
**£**
**£**
Balance brought
forward
750,000 - 46,906 280,216 - 1,077,122
Additions
- - - - - -
Revaluations
- - - - - -
Disposals
- - - - - -
Transfers *
- - - - - -
Balance carried
forward
750,000 - 46,906 280,216 - 1,077,122
****Basis**
SL or~~RB~~
SL or RB
~~SL~~
or RB
~~SL~~
~~o~~r RB
SL or RB
**** Rate**
1%
25%
15%
Balance brought
forward
282,700 - 46,552 246,880 - 576,132
Depreciation charge
for year
7,500 - 88 5,276 - 12,864
Impairment provisions - - - - - -
Revaluations
- - - - - -
Disposals
- - - - - -
Transfers*
- - - - - -
Balance carried
forward
290,200 - 46,640 252,156 - 588,996
Brought forward
467,300 - 354 33,336 - 500,990
Carried forward
459,800 - 266 28,060 - 488,126
**9.3 Net book value**
**9.2 Accumulated depreciation and impairment provisions**|**Freehold land**
**& buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant,**
**machinery**
**and motor**
**vehicles**
**£**|**Fixtures,**
**fittings and**
**equipment**
**£**|**Payments on**
**account and**
**assets under**
**construction**
**£**|**Total**
**£**| |---|---|---|---|---|---|---| ||750,000|-|46,906|280,216|-|1,077,122| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||750,000|-|46,906|280,216|-|1,077,122| ||282,700|-|46,552|246,880|-|576,132| ||7,500|-|88|5,276|-|12,864| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||290,200|-|46,640|252,156|-|588,996| |||||||| ||467,300|-|354|33,336|-|500,990| ||459,800|-|266|28,060|-|488,126| ## **9.4 Revaluation** ## _**If any fixed assets have been revalued please give details of the valuer and method of valuation**_ N/A > _* The "transfers" row is for movements between fixed asset categories._ > _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._ CC17a (Excel) 25/10/2023 10 ## **Section C Notes to the accounts (cont)** ## **Note 10 Investment assets** ## _**Please complete this note if the charity has any investment assets. N/A**_ ## **10.1 Fixed assets investments** |**Add/(deduct):**net gain/(loss) on revaluation
Carrying (market) value at beginning of year
Carrying (market) value at end of year
**Add:**additions to investments at cost
**Less:**disposals at carrying value|**£**| |---|---| ||-| ||-| ||-| ||-| ||-| ## _**Please provide below:**_ **10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.** ## **10.3 A breakdown of the income from investments agreeing with SOFA row S03.** |**Investments in subsidiary or connected undertakings and companies**
**Analysis of investments**
**Other investments**
**Total**
**Investment properties**
**Securities not listed on a recognised Stock Exchange**
**Cash held as part of the investment portfolio**
**Investments listed on a recognised stock exchange or held in common**
**investment funds, open ended investment companies, unit trusts or other**
**collective investment schemes**|**10.2**
**Market value at**
**year end**
**£**|**10.3**
**Income from**
**investments for**
**the year**
**£**| |---|---|---| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| ## **10.4 Material investment holdings** **If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.** ## **Investment held** ## **Market Value** CC17a (Excel) 25/10/2023 11 ## **Section C Notes to the accounts (cont)** ## **Note 11 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ |**Analysis of debtors**
**Trade debtors**
**Amounts due from subsidiary and associated**
**undertakings**
**Other debtors**
**Prepayments and accrued income**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||50,000.0|50,000.0|-|-| ||18,829.0|18,822.0|-|-| ||68,829.0|68,822.0|-|-| ## **Note 12 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ **12.1 Analysis of creditors** |**Loans and overdrafts**
**Trade creditors**
**Amounts due to subsidiary and associated**
**undertakings**
**Other creditors**
**Accruals and deferred income**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-||-|-| ||6,581|8,972|-|-| ||6,581|8,972|-|-| ## **12.2 Security over assets** _**If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.**_ CC17a (Excel) 25/10/2023 12 ## **Section C Notes to the accounts (cont)** ## **Note 13 Endowment and restricted income funds N/A** _**Please complete this section if the charity has any endowment or restricted income funds.**_ ## **13.1 Funds held** **Please give a brief description of any of the following type of funds held by the charity:** - **permanent endowment funds (PE);** - **expendable endowment funds (EE); and** - **restricted income funds, including special trusts, of the charity (R).** **Type PE, EE Fund Name Purpose and Restrictions or R N/A** ## **13.2 Movements of major funds N/A** ## _**Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.**_ |**Fund names**|**Fund**
**balances**
**brought**
**forward**
**£**|**Incoming**
**resources**
**£**|**Outgoing**
**resources**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**| |---|---|---|---|---|---|---| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| |**Total Funds**|-|-|-|-|-|-| ## **13.3 Transfers between funds N/A** ## _**Please give details of any transfers between funds.**_ **From Fund (Name) To Fund (Name) Reason Amount** CC17a (Excel) 25/10/2023 13 ## **Section C Notes to the accounts (cont)** ## **Note 14 Transactions with related parties** _**If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.**_ ## **14.1 Remuneration and benefits** _**Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.**_ |**Name of trustee or connected party**|**Legal authority (eg order,**
**governing document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**| |---|---|---|---| |||**This year**
**£**|**Last year**
**£**| |Mark Sappleton - Resident minister|Contract of Employment|**30000**|**30000**| ||||| ||||| ## **14.2 Loans N/A** _**Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.**_ |**Due to trustees and**
**related parties**
**Due from trustees**
**and related parties**|**Name of trustee or**
**connected party**|**Legal authority**|**Amount owing**|**Amount owing**| |---|---|---|---|---| ||||**This year**
**£**|**Last year**
**£**| |||||| |||||| ## **14.3 Other transaction(s) with trustees or related parties N/A** _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.**_ |**Name of the trustee**
**or relatedparty**|**Relationship to**
**charity**|**Description of the**
**transaction(s)**|**This year**
**£**|**Last year**
**£**| |---|---|---|---|---| |||||| |||||| |||||| CC17a (Excel) 25/10/2023 14 **Section C Notes to the accounts (cont)** ## **Note 15 Additional Disclosures** **The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.** CC17a (Excel) 25/10/2023 15 CALVARY TEMPLE UNITED PENTECOSTAL CHURCH REGISTERED CHARifY No: 1105609 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 THE ACCOUNTING HOUSE COMPANY LIMITED - 8rny on Thames- CALVARY TEMPLE UNITED PENTECOSTAL CHURCH 31 DECEMBER 2022 INDEX Page Infom)ation Independent Examinerfs Report Trustees Annual Report Statement of Accounting Policies Balance Sheet Notes to the Accounts 74 Income and Expendtture Account CALVERY TEMPLE UNITED PENTECOSTAL CHURC INFORMATION 31 DECEMBER 2022 TRUSTEES: O. Johnson D. Gordon D.M. Sappleton N. Smith M. Walk6r E. Bushay CHARITY NUP4lBER: 1105609 (Registered in England & Wales) ACCOUNTANTS: The A¢¢ountlng House Company Limited WeirBank Monkey Island Lane Bray on Thames SL6 2ED BANKERS: HSBC 103 Streatham Hill Streatharn London SW2 4UE INDEPENDENT EXAMINER'S REPORT TO THE MANAGEMENT COMMirrEE OF CALVARY TEMPLE- UNITED PENTECOSTAL CHURCH We report on the accounts of the Charity for the year ended 31 December 2022 which are attached. Resp8ctlVo rosponslbilities of trustees and examlners As the Charity's management commtitee. you are responsible for the preparation of the accounts., you consider that the audit requirernenl of section 43121 of the Charities Act 1993 Ith9 Act) does not apply. 11 is our responsibility lo slate, on the basis of procedures specified in Ihe General Directions given by the Charity Commissioners under section 4317} of the Acl whether particuLar matters have come lo our attention. Basis of independent exarningrfs reporl Our examination was carried out in 8ccordan¢e vitlh the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by th8 Charity and a comparison of the accounts presenled with those records. It also includes consideration of any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, audit, and consequently we do not express an audit opinion on the wew given by the accounts. Ind•pend•nt èxamlnerfs staloment In conne¢lion wilh our examination. no matter has come to wr attention-. 1. Which give$ us reasonab￿ cause to balieve that in any material respect the ￿quireMentS- lo keep accounbng records in accordance wlh section 41 of thè Act.. and - lo prepare accounts which accord with the accounting records and to comply with th& accounting requirements of the Act have not been met., or 2. To which, in our opinion, allenlion should be drawn in order to enable a propor understanding of th& accounts to be reached. THE ACCOUNTING HOUSE COMPANY LIMITED WeirBank Monkey Island Lane Bray on Tham8S SL6 2ED 18 Seplamber 2023 CALVARY TEMPLE UNITED PENTECOSTAL CHURCH TRU ANNUAL REPORT Calvary Temple United Pentecostal Church is govemed by a constitulH)n and is a registered charity. No.. 1105609. Irs address is al 1 Councillor Streel. Cambe￿ell. London SE5 OLY. The ChariW5 TrLEStees. during the year ended 31 December 2022 were.. O. Johnson D. Gordon D.M. Sappleton N. Smrth M. Walker E. Bushey The obje¢t of the charity is lo promote the Christian religion in the South of England. 11 has the following specific inveslrnent powers'.- Power to cdlect, accept. issue appeals for dorIa￿onS and lo do all things that shall further the attainment of Ihe objects of the Church.. and. Power to invest money, real and personal propety". and Power lo be at libety to borrow as required by law. CHARrrY's ACTMTIES AND ACHIEVEMENTS DURING THE YEAR To promote Chrislian faith through.. Regular Serwces Regular Sunday School teaching Bible Study Classes L¢Joking After Youth The structure of the Church comprises of a Pastor, Ministers. Deacons and Sunday School teachers. Th9 Church holds regular Confèrences for different age groups of the congregalion:_ Liaising with lo¢xl churches of the local community Liaising with Pentecostal Chuf¢hes in the UK and throughout the world Apart from the Pastor. all are volunteers. The charity did not experience any deficils in irs fund raising activities. RESERVES POLICY The Charity has one type of resèrvè namely a general reseNg vthich represents the unrestricted funds arising from past operab'ng results and includes the fixed assets of the Charty- the totsl of the general reserve stands as £689.73912021 .' £688,800). CALVARY TEMPLE UNrrED PENTECOSTAL HURCH TRUSTEES ANNUAL REPORT con Inuod GIFT AFD CLAIMS Th8 Charity rec8Ned Gift Aid clairns of during the year (2021 £ INVESTMENT SELECTION POLICY Short term - short term fixed deposit and money martlet account. REVIEW OF MAJOR RISK Health and safety. annual fire inspect￿ to comply with fire regulations. The Charity ha5 building and public liability insurance covering the buildings. DECLARATION I declare. in my ¢apacily of Trusteè. thal'.- The Trustees have approved the report above and overteaf and have authorised m8 to sign on their behalf. M. WALKER-FINANCE CHAIR 18 Soplember 2023 CALVARY TEMPLE UN￿ED PENTECOSTAL CHURCH STATEMENT OF ACCOUNTING POUCIES AT 31 DECEMBER 2022 1 ACCOUNTING POLICIES Accounting convention-. These financial ststements have been prepared under the hislorical cost convention. 2 DEPRECIATION Depreciation is calculated to ￿lIe off the cost of Ihe fixed assets over their estimated useful lives on the following annual bases.. Motor vehicles Freehold propety Church fumtture and equipment Office furniture and equipment Computers Portakabin .. 25% reducing balan 2Yo Straight line 20YD reducing balance 15Q/o reducing balance 25010 Straight line 10% strdighl line 3 INCOME AND EXPENDITURE l income and expenditure represents unrestricted funds. CALVARY TEIAPLE UNITED PENTECOSTAL CHURCH BALANCE SHEET 31 DECEMBER 2022 UNREsTR￿TED FUNOS 2022 2021 FIXED ASSErs Tangible Fixed Assets (Note 11 Intangible Fixed Assets IN￿ 21 488,126 2,996 500,990 3,994 504,984 491,122 CURRENT ASSETS Debtors (Note 31 Cash at bank 68.829 136.319 205.148 68,822 123,966 192,788 CURRENT LIABILITIES Sundry creditors IN0￿ 41 6,531 8,972 NET CURRENT ASs￿s 198,617 183,816 689,739 688.800 Represented by." ACCUMULATED FUNDS (Note 51 689.739 688,800 These financial statements were approved on behalf of the Council of Management on 18 September 2023. . WALKER - Finance Chair J. HALL. Treasurer The attached notes form part of the financial statements. CALVARY TEMPLE UNITED PENTECOSTAL CHURCH NOTES TO THE ACCOUNTS 31 DECEMBER 2022 1 FIXED ASSETS Church Furnltur• Freehold & Equlpment Property Office Computer Furniture Equipment & Equipment Molor V•hie￿S Total Cost- At 1 January 2022 Additions At 31 December 2022 217,919 750.000 46.906 19,742 42,555 1.077,122 217.919 750.000 46,906 19,742 42,555 1,077.122 Depreciation: Al 1 January 2022 Charge At 31 De￿rnber 2022 193.994 3,803 197.797 282.700 7,500 290.200 46.552 88 46.640 19,128 154 19.282 33,758 1,319 35,077 576,132 12,864 588,998 Net book value: At 31 December 2022 20.122 459,800 266 460 7,478 488,126 At 31 DeGemb8r 2021 23,925 467,300 354 614 8,797 500,990 The freehold propety is valued at it's open market value at 2 February 1990. The excess of the open market value al that date over cosL has been credtted to the Accumulated Fund. 2022 2021 2 INTANGIBLE FIXED ASSETS Church webslte Cost: Balance at 1 January 2022 Additions in year 34,585 34,585 Balan￿ at 31 D￿rnber 2022 34,585 34,585 DEPRECIATION At 1 January 2022 Charge for the year At 31 December 2022 30.591 998 31,589 29,260 1,331 30,591 Net book value 2,996 3.994 3 DEBTORS Loan - Lrfe Tabemacle Gift Aid receivable Other debtors 50,000 16,413 2,416 50.000 16,413 2,409 68,829 68,822 CALVARY TEMPLE UNITED PENTECOSTAL CHURCH NOTES TO THE ACCOUNTS AT 31 DECEMBER 2022 2022 2021 4 CREDITORS British Gas British Telecom Inland Revenue Accountancy 328 385 2.842 2,976 285 256 2,611 5.820 6,531 8.972 S ACCUMULATED FUND General Fund: Balance at 1 January 2022 Net income for the year 688.800 939 654,701 34,099 Balance al 310ecember 2022 689,739 688,800 CALVARY TEMPLE UNrrED PENTECOSTAL CHURCH INCOME AND EXPENDThURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022 LINRESTRICTED UNRESTRICTED FVNDS FUNDS 2022 2021 INCOME Tithes and offerings Interest receivable HSBC refund 162,281 276 168,910 34,565 203,483 162,557 EXPENDITURE Pastor's sa]ary Salaries and national insuran Pension costs Water rates Light and heat Building insurance Telephone and postage Printing and slalionery Building repairs and maintenance Office equipment and maintenance Motor and travel expenses Cleaning and caretaking expenses Hospitality Computer soflware costs Bereavement Fund Gifts and Special Offerings Conferonces and Retreat expenses Missions Youth Department expenses Men's department Bank charges Visiting Ministers. expenses Accountancy Hire of equipm•nt Sundry expenses Donations Washroom and toiletry supplies Advertising National Ladies Week Anniversary expenses Legal and professional fees Minister tithes Courses and training Love and welfare Depreciation 30,000 8,324 2.616 468 6.671 7,608 4.569 4,112 6,351 1.606 1,453 30.148 1,590 697 1,860 874 900 14.160 1,355 600 365 1.450 3,696 1.855 747 30,000 11,385 3,703 212 10.137 7,754 4,257 2,479 14,688 1,007 3,002 27,082 2,272 384 274 970 1,935 11,010 200 200 849 1,004 2,760 4.844 46 200 1,084 150 800 5,778 146 3,015 5,051 500 1,949 864 2,870 700 2,100 13,609 875 14,882 169,384 161.718 EXCESS OF INCOME OVER EXPENDITURE FOR THE YEAR 839 34,099