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2022-12-31-accounts

			Page
Report ofthe Trustees		I	to	6
Imlependent Examiner's	Report
Statcntent ofFinancial	Activities
Statement ofVinancial	Position
Notes to the Financial Statements		10	to	18

			STATEMENT OF FINANCIAL	STATEMENT OF FINANCIAL	STATEMENT OF FINANCIAL	ACTIVITIES
			FOR THE	YEAR ENDED 31DECEMBER 2022
							31.12.22	31.12.21
					Unrestricted	Resn icted	Total	Total
					funds	fumls	hinds	funds
				Notes
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies			2	144,113	58,751	202,864	169,296
Other tiading activities				3	6,696		6,696	4,453
Total					150,809	58,751	209,560	173,749
EXPENDITURE ON
Charitable	activities
Grace Community Church					182,059	86,819	268,878	152,902
NET INCOME/(EXPENDITURE)					(31,250)	(28,068)	(59,318)	20,847
RECONCILIATION		OF FUNDS
Total funds	brought forward				120,821	466,628	587,449	566,602
TOTAL FUNDS CARRIED FORWARD					89,571	438,560	528,131	587,449

			STATEMFNT OF FINANCIAL	STATEMFNT OF FINANCIAL	POSITION	POSITION
			31DECEMBER 2022
							31.12.22	31.12.21
				Unrestricted	Restricted		Total	Total
				fintds		funds	funds	filnds
			Notes
FIXEDASSETS
Tangible assets					432,402		432,402	435,426
CURRENT ASSETS
Debtors				4,776			4,776	3,185
Cash at bank and in hand				93,595		10,704	104,299	163,195
				98,371		10,704	109,075	166,380
CREDITORS
Amounts falling due within		one year	9	(8,800)		(4,546)	(13,346)	(14,357)
NKT CURRENT ASSETS				89,571		6,158	95,729	152,023
TOTAL ASSETS LESS	CURRENT
LIABILITIES				89,571	438,560		528,131	587,449
NKT ASSETS				89,571	438,560		528,131	587,449
FUNDS			10
Unrestricted funds							89,571	120,821
Restricted funds							438,560	466,628
TOTAL FUNDS							528,131	587,449
The financial statements	were approved		by the Board of Trustees and authorised			for issue on	.....Z.... ..(....	.....()2~.....-
and were signed on its behalf by:

DONATIONS AND LEGACIES
	31.12,22	31.12.21
Gift aided and other donations	174,291	144,559
Gift aid receivable	28,573	24,737
	202,864	169,296
OTHER TRADING ACTIVITIES
	31.12.22	31.12.21
Premises usage donations	2,627	670
Other income	4,069	3,783
	6,696	4 453

							2022	2021
Salaries and pension							59,150	63,348
Employers N I
Pension contributions							3,194	3,488
							62,344	66,836
The average monthly number ofemployees			during	the	year was as follows.	'
							31.12.22	31.12.21
Support staff							7	6
No employees received	emoluments	in excess off60,000.
2021 COMPARATIVES FOR THE STATEMENT					OF FINANCIAL ACTIVITIES
					Unrestricted		Restricted	Total
						funds	funds	funds
INCOME AND ENDOWMENTS		FROM
Donations and legacies					139,942		29,354	169,296
Other trading activities						4,453		4,453
Total					144,395		29,354	173,749
EXPENDITURE ON
Charitable activities
Grace Community Church					135,161		17,741	152,902
NET INCOME						9,234	11,613	20,847
RECONCILIATION	OF FUNDS
Total funds brought forward					111,587		455,015	566,602
TOTAL FUNDS CARRIED FORWARD					120,821		466,628	587,449

		Freehold
		property
COST
At	I January 2022 tntd 31 IJccember 2022	453,570
DEPRECIATION
At	I January 2022	18,144
Charge for year		3,024
At	31 December 2022	21,168
NKT BOOK VALUE
At	31 December 2022	432,402
At	31 December 2021	435,426

DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR
	31.12.22	31.12.21
Prepayments and accrued income	4,776	3,185
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	31.12.22	31.12.21
Trade creditors	159	443
Other creditors	13,187	13,914
	13,346	14,357

MOVEMEN	T IN FUNDS
				Net
				movement	At
			At 1.1.22	in funds	31.12.22
Unrestricted	funds
General fund			70,821	(31,250)	39,571
Contingency	Fund		20,000		20,000
Second Full Time Elder Fund			30,000		30,000
			120,821	(31,250)	89,571
Restricted fumls
Acts 2 v 45			2,537	322	2,859
Miscellaneous			1,295	1,182	2,477
Property Fund			435,426	(3,024)	432,402
Youth Fund			],120	(298)	822
Special Projects			26,250	(26,250)
			466,628	(28,068)	438,560
TOTAL FUNDS			587,449	(59,318)	528,13]
Net movement	in funds, included	in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted	fumls
General fund			150,809	(182,059)	(31,250)
Restricted funds
Mission Funds			20,080	(20,080)
Acts 2 v 45			2,858	(2,536)	322
Miscellaneous			4,832	(3,650)	1,182
Property Fund				(3,024)	(3,024)
Youth Fund				(298)	(298)
Special Projects			30,981	(57,231)	(26,250)
			58,751	(86,819)	(28,068)
TOTAL FUNDS			209,560	(268,878)	(59,318)

			Nct
			ruovelnellf.	At
		At 1.1.21	nt funds	31.12.21
Unrestricted	fumls
General fund		61,587	9,234	70,821
Contingency	Fund	20,000		20,000
Second Full Time Ekler Fund		30,000		30,000
		111,587	9,234	120,821
Restricted fnnds
Acts 2 v 45		1,980	557	2,537
Miscellaneous		965	330	1,295
Property Fund		438,450	(3,024)	435,426
Youth Fund		1,]20		1,120
Special Projects		12,500	13,750	26,250
		455,015	11,613	466,628
TOTAL FUNDS		566,602	20,847	587,449

		Incoming	Resources	Movement
		resources	expended	in funds
			8
Unrestricted	funds
General fund		144,395	(135,161)	9,234
Restricted funds
Mission Funds		13,472	(13,472)
Acts 2 v 45		1,246	(689)	557
Miscellaneous		886	(556)	330
Property Fund			(3,024)	(3,024)
Special Projects		13,750		13,750
		29,354	(17,741)	11,613
TOTAL FUNDS		173,749	(152,902)	20,847

			Nct
			movement	At
		At 1.1.21	in funds	31.12.22
Unrestricted	funds
General fund		61,587	(22,016)	39,571
Contingency	Fund	20,000		20,000
Second Full	Time Elder Fund	30,000		30,000
		111,587	(22,016)	89,571
Restricted funds
Acts 2 v 45		1,980	879	2,859
Miscellaneous		965	1,512	2,477
Property Fund		438,450	(6,048)	432,402
Youth Fund		1,120	(298)	822
Special Projects		12,500	(12,500)
		455,015	(16,455)	438,560
TOTAL FUNDS		566,602	(38,47])	528,131

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds
General fund		295,204	(317,220)	(22,016)
Restricted funds
Mission Funds		33,552	(33,552)
Acts 2 v 45		4, 104	(3,225)	879
Miscellaneous		5,718	(4,206)	1,512
Property Fund			(6,048)	(6,048)
Youth Fund			(298)	(298)
Special Projects		44,731	(57,23I)	(12,500)
		88,105	(104,560)	(16,455)
TOTAL FUNDS		383,309	(42],780)	(38,471)
General funds