``` REGISTERED COMPANY NUMBER: 05263337 (England and Wales) REGISTERED CHARITY NUMBER: 1106854 ``` ``` Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 October 2022 ``` ## **`for`** ``` Yesterday, Today and Forever Church ``` ``` Elverstone Large Ltd Chartered Certified Accountants Temple Chambers 16a Belvoir Road Coalville Leics LE67 3QE ``` ## **`Yesterday, Today and Forever Church`** ## **`Contents of the Financial Statements for the Year Ended 31 October 2022`** ||**`Page`**|**`Page`**|**`Page`**| |---|---|---|---| |**`Report of the Trustees`**|`1`|`to`|`2`| |**`Independent Examiner's Report`**||`3`|| |**`Statement of Financial Activities`**||`4`|| |**`Balance Sheet`**|`5`|`to`|`6`| |**`Notes to the Financial Statements`**|`7`|`to`|`12`| |**`Detailed Statement of Financial Activities`**||`13`|| ``` Report of the Trustees for the Year Ended 31 October 2022 ``` ## **`Yesterday, Today and Forever Church`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present theirreportwiththefinancialstatementsofthecharityfortheyearended31October2022. The trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:Statement of RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives, aims & income generation.`** ``` TheprincipalobjectivesofthecompanytoadvancetheChristianfaithinLeicestershire,theUK & worldwide.Thecompanyalsoengagesincharitableworktorelievepersonssufferinghardship and/or are aged or sick.In order to achieve these objectives the charity provides the following; ``` `1. Donations to other charities & support organisations.` `2. Emotional relief through prayer & religious services.` `3. Other social gatherings of a religious nature.` ``` Thecharitygeneratedincomethroughcongregationdonationsandasmallamountthroughthesale of books. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimited company, limited by guarantee, as defined by the Companies Act 2006. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 05263337 (England and Wales) ``` ## **`Registered Charity number`** ``` 1106854 ``` ## **`Registered office`** ``` Gutteridge Street Coalville ``` ``` Leics LE67 3BG ``` ## **`Trustees`** ``` D W Measures (Chairman) I J Gray J Reid A Tolley ``` ## **`Company Secretary`** ``` D W Measures (Chairman) ``` ``` Page 1 ``` ## **`Yesterday, Today and Forever Church`** ``` Report of the Trustees for the Year Ended 31 October 2022 ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner`** ``` Elverstone Large Ltd ACCA Elverstone Large Ltd Chartered Certified Accountants Temple Chambers 16a Belvoir Road Coalville Leics LE67 3QE ``` ``` Approved by order of the board of trustees on 13 February 2023 and signed on its behalf by: ``` ``` D W Measures (Chairman) - Trustee ``` ``` Page 2 ``` ## **`Independent Examiner's Report to the Trustees of Yesterday, Today and Forever Church`** ## **`Independent examiner's report to the trustees of Yesterday, Today and Forever Church ('the Company')`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended 31 October 2022. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw) you areresponsibleforthepreparationoftheaccountsinaccordancewiththerequirementsof the Companies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart 16 ofthe2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexamination of yourcharity'saccountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act'). In carryingoutmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommission under Section 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentionin connection with the examination giving me cause to believe: ``` `1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or` `4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be reached. ``` ``` Elverstone Large Ltd ACCA Elverstone Large Ltd Chartered Certified Accountants Temple Chambers 16a Belvoir Road Coalville Leics LE67 3QE ``` ``` Date: ............................................. ``` ``` Page 3 ``` ## **`Yesterday, Today and Forever Church`** ## **`Statement of Financial Activities for the Year Ended 31 October 2022`** |`2022`
`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`26,628`
`Investment income`
`2`
`76`
**`Total`**
`26,704`
**`EXPENDITURE ON`**
`Raising funds`
`14,638`
`Other`
`4,119`
**`Total`**
`18,757`
**`NET INCOME`**
`7,947`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`144,962`
**`TOTAL FUNDS CARRIED FORWARD`**
`152,909`|`2021`
`Total`
`funds`
`£`
`25,412`
`6`| |---|---| ||`25,418`| ||`8,761`
`4,212`| ||`12,973`| ||`12,445`
`132,517`| ||`144,962`| ``` The notes form part of these financial statements ``` ``` Page 4 ``` ## **`Yesterday, Today and Forever Church`** ## **`Balance Sheet 31 October 2022`** |`2022`
`Unrestricted`
`fund`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`7`
`58,405`
**`CURRENT ASSETS`**
`Cash at bank and in hand`
`95,313`
**`CREDITORS`**
`Amounts falling due within one year`
`8`
`(809)`
**`NET CURRENT ASSETS`**
`94,504`
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
`152,909`
**`NET ASSETS`**
`152,909`
**`FUNDS`**
`9`
`Unrestricted funds`
`152,909`
**`TOTAL FUNDS`**
`152,909`|`2021`
`Total`
`funds`
`£`
`62,524`
`83,235`
`(797)`
`82,438`
`144,962`
`144,962`
`144,962`
`144,962`| |---|---| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompanies Act 2006 for the year ended 31 October 2022. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year ended 31 October 2022 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` The notes form part of these financial statements ``` ``` continued... ``` ``` Page 5 ``` ## **`Yesterday, Today and Forever Church`** ``` Balance Sheet - continued 31 October 2022 ``` ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicable to charitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on 13 February 2023 and were signed on its behalf by: ``` ``` D W Measures (Chairman) - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 6 ``` ``` Yesterday, Today and Forever Church ``` ``` Notes to the Financial Statements for the Year Ended 31 October 2022 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunder FRS 102,havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'Accounting and ReportingbyCharities:StatementofRecommendedPracticeapplicabletocharities preparing theiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUK and RepublicofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102 'The FinancialReportingStandardapplicableintheUKandRepublicofIreland'andtheCompanies Act 2006. The financial statements have been prepared under the historical cost convention. ``` ## **`Income`** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhas entitlement tothefunds,itisprobablethattheincomewillbereceivedandtheamountcanbe measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will berequiredinsettlementandtheamountoftheobligationcanbemeasured reliably. Expenditureisaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadings that aggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedto particular headings they have been allocated to activities on a basis consistent with the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its estimated useful life. ``` ``` Freehold property depreciated at 4% straight line. Freehold land is not depreciated. ``` ``` Plant & equipment depreciated at 25% reducing balance. ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretion of the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotesto the financial statements. ``` ``` continued... ``` ``` Page 7 ``` ``` Yesterday, Today and Forever Church ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 October 2022`** ## **`2. INVESTMENT INCOME`** |`Deposit account interest`
**`3.`**
**`NET INCOME/(EXPENDITURE)`**
`Net income/(expenditure) is stated after charging/(crediting):`
`Depreciation - owned assets`|`2022`
`£`
`76`
`2022`
`£`
`4,119`|`2021`
`£`
`6`| |---|---|---| |||`2021`
`£`
`4,212`| ## **`4. TRUSTEES' REMUNERATION AND BENEFITS`** ``` TheTrusteeswhoweredirectorsasdefinedbytheCompaniesAct2006received no remuneration during the year to 31st October 2020 or in the previous year to 31st October 2019. ``` ## **`Trustees' expenses`** ``` The trustees expenses incurred in the line of their duties have been reimbursed by the charity. ``` ## **`5. STAFF COSTS`** ``` The average monthly number of employees during the year was as follows: ``` |`Administration`
`No employees received emoluments in excess of £60,000.`
**`6.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`Investment income`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
`Other`
**`Total`**|`2022`
`2021`
`2`
`2`
`Unrestricted`
`fund`
`£`
`25,412`
`6`
`25,418`
`8,761`
`4,212`
`12,973`| |---|---| ``` continued... ``` ``` Page 8 ``` ## **`Yesterday, Today and Forever Church`** ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 October 2022`** ## **`6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`** ||`Unrestricted`| |---|---| ||`fund`| ||`£`| |**`NET INCOME`**|`12,445`| |**`RECONCILIATION OF FUNDS`**|| |`Total funds brought forward`|`132,517`| |**`TOTAL FUNDS CARRIED FORWARD`**|`144,962`| ## **`7. TANGIBLE FIXED ASSETS`** |**`COST`**
`At 1 November 2021 and`
`31 October 2022`
**`DEPRECIATION`**
`At 1 November 2021`
`Charge for year`
`At 31 October 2022`
**`NET BOOK VALUE`**
`At 31 October 2022`
`At 31 October 2021`|`Freehold`
`Plant and`
`property`
`machinery`
`Totals`
`£`
`£`
`£`
`95,939`
`12,299`
`108,238`
`34,538`
`11,176`
`45,714`
`3,838`
`281`
`4,119`
`38,376`
`11,457`
`49,833`
`57,563`
`842`
`58,405`
`61,401`
`1,123`
`62,524`|`Freehold`
`Plant and`
`property`
`machinery`
`Totals`
`£`
`£`
`£`
`95,939`
`12,299`
`108,238`
`34,538`
`11,176`
`45,714`
`3,838`
`281`
`4,119`
`38,376`
`11,457`
`49,833`
`57,563`
`842`
`58,405`
`61,401`
`1,123`
`62,524`| |---|---|---| |||`45,714`
`4,119`| |||`49,833`| |||`58,405`| |||`62,524`| ``` continued... ``` ``` Page 9 ``` ## **`Yesterday, Today and Forever Church`** ## **`Notes to the Financial Statements - continued for the Year Ended 31 October 2022`** ## **`8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Trade creditors`
`Accrued expenses`
**`MOVEMENT IN FUNDS`**
`At`
`1.11.21`
`£`
**`Unrestricted funds`**
`General fund`
`144,962`
**`TOTAL FUNDS`**
`144,962`
`Net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
`26,704`
**`TOTAL FUNDS`**
`26,704`
**`Comparatives for movement in funds`**
`At`
`1.11.20`
`£`
**`Unrestricted funds`**
`General fund`
`132,517`
**`TOTAL FUNDS`**
`132,517`|`2022`
`£`
`(1)`
`810`
`809`
`Net`
`movement`
`in funds`
`£`
`7,947`
`7,947`
`Resources`
`expended`
`£`
`(18,757)`
`(18,757)`
`Net`
`movement`
`in funds`
`£`
`12,445`
`12,445`|`2021`
`£`
`(1)`
`798`
`797`
`At`
`31.10.22`
`£`
`152,909`
`152,909`
`Movement`
`in funds`
`£`
`7,947`
`7,947`
`At`
`31.10.21`
`£`
`144,962`
`144,962`| |---|---|---| ## **`9. MOVEMENT IN FUNDS`** ``` continued... ``` ``` Page 10 ``` ``` Yesterday, Today and Forever Church ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 October 2022`** ## **`9. MOVEMENT IN FUNDS - continued`** ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`25,418`
`(12,973)`
`12,445`
`25,418`
`(12,973)`
`12,445`| |---|---| ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At`
`1.11.20`
`£`
`132,517`
`132,517`|`Net`
`movement`
`in funds`
`£`
`20,392`
`20,392`|`At`
`31.10.22`
`£`
`152,909`| |---|---|---|---| ||||`152,909`| ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`52,122`
`(31,730)`
`20,392`
`52,122`
`(31,730)`
`20,392`| |---|---| ``` continued... ``` ``` Page 11 ``` ``` Yesterday, Today and Forever Church ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 October 2022 ``` ## **`10. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31 October 2022. ``` ``` Page 12 ``` ## **`Yesterday, Today and Forever Church`** ## **`Detailed Statement of Financial Activities for the Year Ended 31 October 2022`** |**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Gifts & book sales`
`Gift aid`
**`Investment income`**
`Deposit account interest`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Raising donations and legacies`**
`Fundraising & publicity`
`Management & administration`
`Property improvements`
**`Other`**
`Freehold property`
`Plant and machinery`
`Total resources expended`
**`Net income`**|`2022`
`£`
`21,458`
`5,170`
`26,628`
`76`
`26,704`
`6,024`
`8,250`
`364`
`14,638`
`3,838`
`281`
`4,119`
`18,757`
`7,947`|`2021`
`£`
`20,670`
`4,742`| |---|---|---| |||`25,412`
`6`| |||`25,418`
`2,834`
`5,555`
`372`| |||`8,761`
`3,838`
`374`| |||`4,212`| |||`12,973`| |||`12,445`| ``` This page does not form part of the statutory financial statements ``` ``` Page 13 ```