REGisfERED CHARITY NUMBER: 1106220 ndal S M CHRIST Lee & Capital Partnèrs Ltd Ch8rter&J Certifieil Ac￿untants 25 South Lan$ New Maklen Surrey r3 SHU cial Stst l Decemb Pago Report ofth• Tnjstaes 1 to 2 Independent &xamIn9￿8 R8POrt Sl8tementof Ftnandal Adlvibes Balance Sheet Note8 to the FlnoncLg1 Statements 6 to 10 Dstsllad Stslement of Fin8nci81 AcbvtttOS 11 RIM The trustees pr85enl thew roport with the financial statsnwnts of the ch•lty for the year ￿ded 31 Decembw 2022. The truslees havo adopted the provisions of AcDJunting and RepoTknng by Ch8fltie$: Statement of RaC￿MMended ProGbc ap￿￿ble lo Charities preparing Ihelr accounts in accorda￿0 wth thè FinancSal Reporting Standard applicaUe in Ihe UK and Rgpubllc of Ireland IFRS 1021 leffecbve 1 J8nu8ry 20191. OBJECTIVES AND ACTIVITIES ObJactfv•8 and alms The prfn¢lpal obhect ¢1 th• thgrity SB advance the Chrlsllan Fth. It 8￿kS trj do thls Ioc8ty wtthln its immodlate geographlc nolghbourhood area. bul glso a¢xoss th8 UK and intomationally vAth vadous conts¢ls that the charfty h88. Slgnlficant a¢tlvltl•8 The prfnolpal fund ralslng aGlvlty of lh• ¢hurth Is the offwing8 and ¢Jona￿on8 made by Iho momb8T6 of tho churGh ¢¢ngrggAttyJn. The fvnd ralsed are u$¥d to support mthionary wuk. both In tho Unlted Kingdom gnd abroad, to gfvg 8tholar8hlp Bupport to 8t(Hlont8, and gonerallyto g￿8 $upp¥t •rLd aid to t￿88 lass w•ll ofi In tho community. Publ1¢ b•n•fit Th8 tru8to88 havo had du& regard to thè Charfty Commisslon'8 gonorol gu(danc• on wblk benofil vhn ra￿￿ng lh• Charftys c&l8dves. Th& trustees strongly b8llèv• thal th8 meetiNJ tog&th¢r for th8 wor8hlp of God and jes￿ Christ, proa¢hlrg and Blblo t88chlng. as well &8 moellng In 8mall group8 for All ages to explor• tha Ch￿￿fin falth. a8 w811 as W0￿1n￿ Sn and ￿1h our communty18 for publlc benofit. FINANCIAL REVIEW R8••p4•8 pollcy Total Inc￿m8 rocelv•d lor Ihg ￿Or amountsd to £72,1CKI12021 £79,173>, whl¢h Lry lh8 tot•1 IncJJnlng le8our￿. Tolal oxp8n)nnection vhth the •xamInal￿n me cau88 to t￿Ieye that in any meterbl rnsp8Ct.' accounung roeords were not kept In r8spe¢t of the Trust a8 r8qulTed by Sectbn 130 ofth• Act; or thg aCLounts do not 8¢¢Ofd wlth thoso fec(Jrds,' or the accounts do not comply with the applicabl& rgwlroments c4Jnc8mlng the fomi and conlgnt of accounts 8et In Ihe Chariues IA¢coynts and Réportsl Regulallon$ 2008 other than èny rèquirement that the 8coJunts glve 8 true and fair ￿•W whlch Is r#)t a matter cl>nS￿Or8￿ a8 part of an Ind8P8nd8nl txaMIna￿On. I h8v• no r￿n&9m6 and havo ￿rn• across no other mattern In (Onnoctl￿ wlh th• wmlnalon lo %thl¢h att•nlkJn shoLdd b• drawn In thls report In order to enablo a proper und8rstandlftg of the accounls 10 ￿ reaL*8d. Byung Hun Leo L60 & Capltal Pgrtn8r8 Ltd Chartered co￿￿0d kn)unthnt8 25 Soulh L8ng New Mald Surny Kf3 SHU 30 October 2023 RIM rthey 31.12.22 Unrestricted 31.12.21 funds INCOME AND ENDOWMENTS FROM DcMa1￿n8 and legaths 72.070 79,168 72,11XI 79,173 EXPENDrruRE ON Charltable acttvrti Church ackntse8 Support costs 57,878 17.405 51.299 5.555 75283 56.854 NET INCOMEIIEXPENDtruREI 13,1831 22,319 RECONCIUATION OF FUNDS TO1￿ fvnds brought fcffward 69.109 TOTAL FUNDS CARRtED FORWARD 65.926 69.109 The rto*s forni kmrtof these fiDarKial ptL Rtm 31.12.22 Unrestricted 31.12.21 Totsl TaThJible assots 1,741 1320 CURRENT ASS￿8 Cash al bank and in hand 86.987 67,702 CREDITORS Arnounts faling Ibithin one year (2,782) 19131 NEf CURRE1￿ ASSErs 64,185 69,109 NEfASSETS 65.926 69.109 FUNDS UNestrict&J fun¢ts 65.926 69.109 TOTAL FUNDS 69.109 siwed on its behaM ty. E Yar4J- Tn Thenok5 forn part of these financial Page S TIAN e Fina 2022 ACCOUPrnNG poucies Basls ol preparing thtr financlal Statements Th& finandal statements of ts ¢harity. which is a putth¢ benefft enty under FRS 102, have been Prepared tn ac￿)rdanCe wilh the Ch8thas SORP IFRS 1021 'Accountlng and Report¢ng by Charities: Ststsmènt of RecOmm￿ded PrdctlcE applicable to thariliès praparing their accounts in •co)rdan¢& vAth the FlnancAal Reporling Standard appncable in trtr UK 8nd Republic of Ireland IFRS 1021 leffecfve 1 January 20191,. Finanu81 Repot16ng Standard 102 Yhe Financi81 R&porting Slandard appli£*blg in the UK and Republic of Ireland. and the Charfues Acl 2011. The fjnanclal ststements have been prepared undèr thè hlstorical cost convention. In¢ome l incom& 1$ recognlsed in the Statèmènt of Flnancaal Activities oncè ihe cljarty hag gnfjllement to the funds. it rxobabl8 that tho Irbcom8 wll bo received and the amount can ￿sured rsliaL4y. EX￿nd11￿M Lk8biliti$$ 8rg rogJ9ntsed as eXper￿l￿re a¥ as Ihgra Is a legal or construdve otrAlgalon commNtlng the tharlty to that expenditure, il 13 Probab￿ that a transfar of economlc beneffts will be requlrèd In settlement and th8 amount of the otAtgation can b& M￿sUred reliably. ExpendiluT¥ is 0￿9Untad for on an a￿rual$ basis and has teen classffled un¢J&r headSngs that a9Jregale 811 ¢tsst related to th& category. Where costs eanntst be dir¢¢ty 8tirtbuted to part￿l8r headinLs they have been allo¢ateL1 Ic¢ athlbes on a ba515 consislenlwith the u$¥ of rèsourcès. Grants offer&Y subjecl to ¢ondNI)ns whid) have not been mel at th8 ye8r dale are twted as a cunmitmenl bul not accrued as experK1itu￿. Tanglblellx•d a8sots D¥pM￿at5oftOS prowded at Ihe foll0b￿n9 annual rates In orderto wriie off each asset over its eslimatsd usefvl lrfe. Plant & rrrachlnery.. 25% on reduong balancè basls FSxtUTes & ffitting8.' 25% on reduang balancé basL8 ComputeT'. 25% on reduung balance basis Motor v8htde: 25% on reducAng balanc8 basi8 T*x*tlon The Gharfty Is exempt from tax on its dwritsblè 8dknties. Fund accountlng Unrèstrtctsd funds can be used In actordance vAth the ¢harttabk objectlves at lh8 dIsc¥8t￿n of the Iru8tee8. Restricted fvnds Can orty bè LKsed for parbcular reslrfcted purposes ￿thin the objects of the tharity. Restrictions arise wh¥n $pg¢1figd by the donor orwhen ftjnds are raised for p0￿CUlar rastrtcted purposes. Further exF4anation of the nature and purpose ol each fijnd Is induded In the nol¥g to thg finanoal slataments. P•n¥lon costs and oth•r postwretirement b•n•fft$ The charity cperates 8 dgfinèd Contribution pension scheme. C(xrtributions payable to tho charitys sdRme arè lo lho Statementof Ftnanc481 Activiti98 in Ihtr period to whtth ty r8Lqtg. Page 6 Rl Tl otes e Year INV&8TMENT INCOME 31.1222 31.12.21 Deposf( acs)unt Interest TRUSTEES. REMUNERATION AND BEMEFITS 31.12.22 31.12.21 Tru$tses' salaries Trustaes, pensions p 10,202 306 10.322 310 10,508 10.632 Tru8tOM' •XP•M•ffj Thgre %wre no tNstee8' &XPgn89s pald for the yoar gnded 31 0oc8mbor 2022 nor for lh8 year ended 31 Docarnber 2021. STAFF COSTS Th• •ver8ga monthly number of¢mtheg8 durfng Iho ye8rw88 ¥• follow8: 31.12.22 31.12.21 No •mployeo5 re¢•lwd èmolumonts In exce88 of£eo.000. COMPARATive8 FOR THE STATEMENT OF FINANCIAL ACTivrrE8 Uffirestri¢ INCOME AND ENDOWMENT8 FROM Donafjons •nd18gacA8B 79,168 Invoslmènt Inerthi• Total 79,173 EXPENDITURE ON Charliable actlvltlo• Church acUvitSe$ Support ￿$ts 51.299 5,555 56.854 MET INCOME 22,319 RECONCIUATION OF FUND8 Total hjnds browJht forward 46,790 TOTAL FUNDS CARRIED FORWARD 69,109 Page 7 continued... TIAN C tate TANGIBLE FLYED ASSETS FixttKes Plant and machinery Molor vehicle5 Computer equipment fittings Totals COST Al 1 January 2022 8rNI 31 Der￿mber 2022 2,423 6288 5.160 735 14.6C6 DEPRECIATION At l January 2022 Ch8f98 for year 1.534 222 6.156 3,935 12.286 579 18 Al 31 D•c•mbar 2022 1,756 6.189 4,241 679 12.865 NET BOOK VALUE At 31 Dacomber 2022 867 919 1,741 At 31 Decemb8r 2021 889 132 1,225 74 2,320 CREDITOR8: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.22 31.12.21 T8x8Uon and aod•l 88• Other credKo 141 2.641 11,8531 2.786 2,782 913 MOVEMENf IM FUNDS Net movement in funds At 31.12.22 At 1.1.22 Unr••trlct•d fund• General fund 89,109 13,1831 65,928 TOTAL FUNDS 69.109 13.1831 85.928 Nel movgm8nt In fuThJ8, Induded In tho èbJv• ar• 48 folow•'. Incomin8 Resources expended Movement ID fijnds Unr98tr1ct•d fum1¥ General fund 72.100 175.2831 13.1831 TOTAL FUNDS 72,100 175,2831 13.1831 P￿e8 ontinueiL.. Rl HRI IAN for the Y MOVEMENT IN FUNDS- witlnuld C<¥mparat5ve¥ fly movem•nt In fund• Net movement in ffijn At 31.12.21 At 1.1.21 Unregtrfcted fund• Genoral bjnd 46,7￿) 22.319 69.109 TOTAL FUNDS 46.790 22.319 69,109 Comparative net mov•m&nl In fvndg. Indud•d In ts above am as lollow8.' Incoming resources Resourees Movement expended in fijnds UnrnBtrt¢t•d lund• General fund 79,173 156,854) 22.319 TOTAL FUNDS 79,173 158.854) 22,319 A ¢urr•nt wr 12 month8 and year 12 months Lwrnbln8d poslUon18 as follows: Net movanent in fvnds Ai 1.1.21 31.12.22 Unr••trlct•d funth G•n•r•l fuTr 46,790 19,136 65,926 TOTAL FUNDS 46.790 18,136 65.926 A currenl ye8r 12 rrrtJnlh8 and Pr1￿ y•ar 12 rrK*nts com￿n•d n91 movemenl In fvnd8. In¢ludad In th• abM aro a8 fc4low8: Incomin resource5 R&qouYce5 expended MoveTnenl in funth Unrn8trfct•d fund• General fvnd 151,273 (132,1371 19.136 TOTAL FUNDS 151.273 {132,1371 19.136 Page 9 continued... PILGR cial mber202 RELATED PAR￿ DISCLOSURE8 There no rèlatad porty tran&￿tk)n$ fcf th8 y&aronded 31 D8cember2022. Page 10 RIM TIAN ENTrE tatement of F. 31.12.22 31.12.21 INCOME AND ENDOIIMEMTS Donations and legacl•s Donatlon$ Granls 72,070 69,610 9,5S8 72.070 79.168 In￿lm•nt Income Deposf( a￿Unt interest 30 Totsl In¢oming r•sour¢•s 72,100 79,173 EXPENDITURE ChaTltabl• ¥¢tlvltl•s Trustees. salaries Trustees. pensions paid Wages Pensions Speakers Misstcfflary SLqVJrt Conference Grants to indNK1u8Ls 10,202 10,322 310 16200 16,200 639 25J93 500 4.152 350 17.973 1.350 1.900 S7.878 48,891 Support costs Managémont Rent Printing, ptsstage & slation8ry Olhèr d)urch cA)sts Motor experffjes Travelliro sub￿rip1kIn Computer CA)St Plant and machinery Fixlures and fjtting$ Motor vehid$s Computgr eouipm8nt 2,110 1.333 5.758 826 4.443 1.030 793 3,028 754 200 496 296 1.001 18 25 16,140 7,074 Flnanc¥ Bank ¢h¥rgas 179 Gov•rn•n¢a costs Act￿NtanCY and legal fees 1.086 Total resour￿ expended 75,283 56,854 Net {oxpndiiur•)Ilncom• 13.1831 22.319 This pw does noi forni ptht of the statutory finan¢ial Statements Pagell