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2023-03-31-accounts

~pa e
Legal and Administrative Details
Report ofthe Trustees 4-7
Independent
Examiners
Report
Statement ofFinancial Activities
Balance Sheet 10
Notes to the Financial Statements 11-18

Charity Number: Charity Number: 1107682
Company Number: 5321301
Directors ("Trustees"): M Reilly (Chairperson)
MChat
SStott
RDakin
CRennison
DRaine
H Owlett
JCook
Secretary; BSouthon
Registered Office: The Well ofLife
51 Fairmile
Fleet
Hampshire
GU52 7UT
Independent Examiners Data Developments
Wolverhampton Science Park
Creative Industries Centre
Glaishie Drive
Wolverhampton
West Midlands
WVI09RU
Main Banker: CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Mailing
Kent
ME194JQ

Unrestricted ~Restr cted cted Total Fuads Total Funds
Notes Funds
f
Fuads
f
2023
f
2022
IR
incoming Resources tram Generated
Fuads
Voluntary Income 2 83,559 900 84,459 88,617
Investment
Income -
Interest 515 515 15
84,074 900 .77 67633
Ease~urea e~d
Costs of Generating Funds:
Charitable
Activities
3 86,602 $6,602 89304
I~RR $6.602 0 86,602 89,304
Net Outgoing
Resources before transfers (2,528) f900 (1,628) (672)
Gains/losses
on investment
assets
Transfers between
funds
Nct aditure for the ear (2.528) E900 (1,628) (672)
Balances brought
forIRard
I April 2022 7. ~64 63 178,278
Balances carried forward at 3I March 2023 f170.115 E5,$63 f175978 f177606
TH E WELL OF LIII' E FINAN LSTAT EMENTS
BALANCE T RCH 2023
om au umber 5321301
Notes 2023 2022
f f.
TANGIBLE FIXEDASSE1S 35,000 35,000
CURRENT ASSETS
Debtors
Cash at Bank 9 140,978 142,606
140,978 142,606
CREDITORS: AMOUNTS FALLING
DUE W11HIN ONE YEAR 10
NETCURRENT ASSETS 140,978 142,606
NETASSETS 177,606
ACCUMULA1ED FUNDS
Designated k General Funds 170,115 172,643
Restricted Funds 12 5,863 4,963
TOTAL CHARITY FUNDS 175,978 177,606

Unrestricted Restricted Total Funds Total Funds
Funds 2023 2022
f
Identifiable
Gift Aid
donations 3,549
63,931
285
460
3,834
64,391
5,133
64,711
Cash Offering 87 40 127 550
Legacies
Income Tax
Recoverable 15,992 111 16 167 16,630
83,559 900 84,459 87,024

Direct ~Su rt Total Funds Total Funds
Costs Costs 2023 2022
f f
Gifts & Disbursements 66,411 66,411 74,635
Tfatmltg 0 0 0
Conference
Costs
Youth Work
Outreach 4,164 4,164 4,502
Overseas Missions
Premises Costs
Support 0 6,400 0
6,400
0
734
Worship/PA
Office Costs
3,899 3,899 3,385
Depreciation
Other Staff Costs
5,728 5,728 6,048
Total Charitable Activities 76,303 10,299 86,602 89,304

2023 2022
This is stated after charging:
Operating Lease Rentals - Other
Auditors' Remuneration
Depreciation
ofTangible Fixed
assets
owned by the charity
Gains on disposal ofFixed Assets

1his is stated after charging: 1his is stated after charging:
Gross salaries 5,057 5,014
Employers
Nl
1057 5D14
1he number ofemployees at the year
end was;
Administration

Freehold Freehold Fixtures
P~ro sties d~tpaam Egaigment Vehhles Total
f f f
Cost at 1 April 2022 35,000 35,000
Additions
Disposals
31 March 2022 3!000 35,000
Depreciation:
1 April 2020
Charge for year
Written back on disposals
31March 2022
Net Book Values
31 March 2022 35,000 35,000
31March 2023 35,000 35,000
Freehold Properties at cost
2023 2022
f
1
Share offreehold residential
property
at 6 Wickham Close,
Alton (9.99%beneficial interest share) 35,000 35,000
35,000 35,000

7. DEBT(ERS
2023 2022
f
Due after one year:
Other Debtors - loans made
Due within one year:
Income TaxRecoverable
Prepayments
8. S
TBAN
AND
IN HAND
Bank Current Account 5,000 5,000
Bank Deposit Accounts 135,978 13751
149.978 142 115
9. REDI
RSAND A
CRUALS
Tsxand Social Security costs
Accruals
10. UNRESTRICTED FUNDS
Balance brought
forward
on I April 2022 177,606 178,278
(Deftcit)/Swplus
income over expenditure
(1,628) (763)
Gains/losses
on investment
assets
Transfer to Restricted Fund
At 31 March 2022 175,978 177,515

2023 2022
f f
a) General Purpose Fund 170,115 172,552
b) Designated Funds
170,115 172,552

Bal st Resources Tratyers Bsl at
01/04/2022 Resources Estwaded between funds 31/03/2023
f f f
Community Projects
Missions & Outreach 4,963 4,963
Restricted Offerings 900 900
5,443 900 0 5,863

T~sn 'ble Net Currers
Fixed Assets Assets
f
T~otf
Unrestricted Funds 35,000 170,115 205,115
Restricted Funds 5,863 5,863
55DDD 175978 21D,978