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