2022-03-31-accounts

					Page
Reference and administrative		details ofthe Company,		its Trustees and advisers
Trustees' report					2-6
Independent	auditors' report	on the financial	statements		7-10
Consolidated	statement offinancial activities
Consolidated	balance sheet				12-13
Company balance sheet					14-15
Consolidated	statement ofcash flows
Notes to the	financial statements				17-35

				Unrestricted	Total	Total
				funds	funds	funds
			Note	2022 8	2022 6	2021f
Income from:
Donations and	legacies			1,337,659	1,337,659	1,093,854
Charitable activities				46,727	46,727	16,255
Other trading activities				270,451	270,451	108,875
Investments				47	47
Total income				1,654,884	1,654,884	1,218,988
Expenditure on:
Raising funds				298,674	298,674	219,647
Charitable activities			7	848,900	848,900	627,759
Total expenditure				1,147,574	1,147,574	847,416
Net income				507,310	507,310	371,572
Revaluation of	properties		18			2,170,000
Net movement	in funds			507,310	507,310	2,541,572
Reconciliation	offunds:
Total funds brought		forward		4,825,848	4,825,848	2,284,276
Net movement	in funds			507,310	507,310	2,541',572
Total funds carried		forward		5,333,158	5,333,158	4,825,848

		Note		2022 K		2021f
Fixed assets
Tangible assets		12		5,867,372		5,794,538
Current assets
Debtors		14	959,904		892,440
Cash at bank snd	in hand		348,929		58,315
			1,308,833		948,755
Creditors: amounts	falling due within one
year		15	(162,571)		(153,936)
Net current assets				1,146,262		794,819
Total assets less	current liabilities			7,013,634		5,589,355
Creditors: amounts	falling due after more
than one year		16		(1,680,476)		(1,753,507)
Total net assets				5,333,158		4,825,848
Charity funds
Restricted funds		18
Unrestricted funds		18		5,333,158		4,825,848
Totalfunds				5,333,158		4,825,848
The Company was	entitled to exemption	from audit under	section 477	ofthe Companies	Act 2006.

			FOR	TH	E YEAR ENDED 31 MARCH 202	2
						2022	2021
Cash flows from operating			activities
Net cash	used in operating		activities			586,922	377,736
Cash flows from investing			activities
Purchase	oftangible fixed assets					(168,698)	(49,054)
Advancing	loans					(40,000)	(418,500)
Net cash	used in investing		activities			(208,698)	(467,554)
Cash flows from financing			activities
Repayments of borrowing						(85,610)	(48,505)
New loans							150,000
Net cash	(used in)/provided		by financing		activities	(85,610)	101,495
Change in cash and cash			equivalents	In	the year	292,614	11,677
Cash and	cash equivalents	at the beginning			ofthe year	56,315	44,838
Cash and	cash equivalents		at the end	of	the year	348,929	58,315
The notes	on pages 17to 35form part ofthese financial statements

			Unrestricted	Total
			funds	funds
			2022	2022
			6	6
Donations			1,335,779	1,335,779
Grants			1,880	1,880
			1,337,659	1,337,659
			Unrestricted	Total
			funds	funds
			2021 8	2021f
Donations			1,054,308	1,054,308
Grants			39,546	39,546
			1,093,854	1,093,854
Income from charitable		activities
			Unrestricted	Total
			funds	funds
			2022	2022
				6
Income from charitable	activities - Church events		46,727	46,727

Unrestricted	Total
funds	funds
2021 6	2021f
16,255	16,256

					Unrestricted	Total
					funds	funds
					2022	2022
					E
Charity trading		income -	venue	rental	199,855	199,855
Sales ofgoods		at events			53,058	53,058
Coronavirus	government		grants		17,538	17,538
					270,451	270,451
					Unrestricted	Total
					funds	funds
					2021f	2021 6
Charity trading		income -	venue	rental	20,759	20,759
Sales ofgoods		at events			7,426	7,426
Coronavirus	government		grants		80,690	80,690
					108,875	108,875

		Unrestricted	Total
		funds	funds
		2022	2022
Investment	income	46	46
Interest receivable		1	1
		47	47
		Unrestricted	Total
		funds	funds
		2021 f	2021 f

Charitable	activities
Charitable	activities

Unrestricted
funds	Total
2022	2022
6	6
848,900	848,900
Unrestricted
funds	Total
2021	2021f
627,769	627,769

			Activities
			undertaken	Support	Total
			directly	costs	funds
			2022	2022	2022
			6	6	6
Charitable		activities	220,799	628,101	848,900
			Activities
			undertaken	Support	Total
			directly	costs	funds
			2021	2021	2021
Charitable		activities	'l46,656	481,113	627,769
Analysis		ofdirect costs
				Church	Total
				operations	funds
				2022	2022
				6
Church	hosting			58,668	58,668
Premises		costs		61,439	61,439
Ministry	and pastoral costs			47,303	47,303
Media	costs			27,900	27,900
Studio	costs			2,112	2,112
Camp and		conference costs		1,677	1,677
Giving				21,700	21,700
				220,799	220,799

		Church	Total
		operations	funds
		2021	2021
		8
Church	hosting	8,010	8,010
Premises costs		42,808	42,808
Ministry and pastoral costs		53,520	53,520
Media	costs	21,979	21,979
Studio	costs	857	857
Camp	and conference costs	(20)	(20)
Giving		19,502	19,502
		146,656	146,656

			Support	Total
			activities	funds
			2022	2022
			E
Staff costs			394,483	394,483
Depreciation			94,291	94,291
Printing, post		and stationery	4,879	4,879
Insurance			9,903	9,903
Telephone	and internet		9,065	9,065
Computer costs			820	820
Professional		fees	20,616	20,618
Bank and cardnet charges			25,733	25,733
Bank interest			49,952	49,952
Other expenses			18,357	18,357
			628,101	628,101

							Support	Total
							activities	funds
							2021f	2021f
							332,543	332,543
	Staff costs						53,734	53,734
	Depreciation						6,541	6,541
	Printing, post and stationery						9,222	9,222
	Insurance						8,892	8,892
	Telephone and internet						836	836
	Computer costs Professional fees Bank and cardnet charges						8,578 1,369 50,120	8,578 1,369 50, 120
	Bank interest						9,278	9,278
	Other expenses
							481,113	481,113
.	Auditors' remuneration
							2022	2021f
	Fees payable to the Company's		auditor for the audit ofthe Company's				6,600	5,700
	annual accounts
10.	Staff costs
					Group 2022f	Group 2021f	Company 2022f	Company 2021f
	Wages and salaries Social security costs				467,911 44,030	418,354 38,688	338,352 32,474	296,471 27,506
	Contribution to defined schemes	contribution		pension	25,841	11,522	23,657	8,566
					537,782	468,564	394,483	332,543

			Group	Group	Company	Company
			2022	2021	2022	2021
			No.	No.	No.	No.
Church	and	administration	11	11
Venue	hire	operations	7	7
			18	18	11

		Long-term
	Freehold	leasehold		Plant and	Fixtures	Office
	property	property		machinery	and fittings	equipment	Total
	8		8	8 E		E	E
Cost or valuation
At 1 April 2021	5,220,000	808,872		66,967	156,499	3,161	6,255,499
Additions				133,998	34,700		168,698
At 31 March 2022	5,220,000	808,872		200,965	191,199	3,161	6,424,197
Depreciation
At 1 April 2021		273,687		29,419	156,097	1,760	460,963
Charge for the year		40,442		46,145	8,644	631	95,862
At 31 March 2022		314,129		75,564	164,741	2,391	556,825
Net book value
At 31 March 2022	5,220,000	494,743		125,401	26,458	770	5,867,372
At 31March 2021	5,220,000	535,185		37,548	402	1,401	5,794,536
Company
			Long-term
	Freehold		leasehold		Plant and Fixtures and
	property 6			property	machinery K	fittings 6	Total
Cost or valuation
At 1 April 2021	5,220,000			808,872	66,967	156,499	6,252,338
Additions					133,998	30,000	163,998
At 31 March 2022	5,220,000			808,872	200,965	186,499	6,416,336
Depreciation
At 1 April 2021				273,687	29,419	156,097	459,203
Charge for the year				40,442	46,145	7,704	94,291
At 31 March 2022				314,129	75,564	163,801	553,494

Company (continued)
		Long-term
	Freehold	leasehold	Plant and	Fixtures and
	property f	property f	machinery f	fittings F	Totalf
Net book value
At 31 March 2022	5,220,000	494,743	125,401	22,698	5,862,842
At 31March 2021	5,220,000	535,185	37,548	402	5,793,135

			Group	Gmup	Company	Company
			2022f	2021f	2022 8	2021f
Freehold	property		3,544,835	3,544,835	3,544,835	3,544,835
Accumulated		depreciation	(679,094)	(608,197)	(679,094)	(608,197)
			2,865,741	2,936,638	2,865,741	2,936,638

Names				Company	Registered	office or principal	Principal	activity
				number	place ofbusiness
V28 Ltd				10081260	22 Rectory	Road, Beckenham,	Letting operations
					Kent, BR31JA
Citygate	Property	Holdings	Ltd	09817830	22 Rectory	Road, Beckenham,	Developing	building
					Kent, BR31JA		projects
Class of	Holding		Included	in
shares			consolidation
Ordinary		100'%%d	Yes
Ordinary		100'%%d	Yes

					Group	Group	Company	Company
					2022	2021 f	2022 6	2021 f
Due within one year
Trade debtors					44,284	15,600
Amounts owed by group undertakings							563,844	474,271
Other debtors					915,620	875,840	915,450	875,450
					959,904	892,440	1,479,294	1,349,721
Included within other	debtors	due within		one year is	a loan to an	individual amounting to 6915,450(2021-
6875,450).The main	conditions are		as follows:
The loan is unsecured	and is repayable			on demand	with 60 days notice and		the annual interest accruing
is 10percent payable	on repayment		ofthe loan.
Further details are disclosed		in note	26.
Creditors: Amounts	falling	due within		one year
					Group	Group	Company	Company
					2022f	2021 5	2022 F	2021 5
Bank loans					83,943	85,522	63,943	72,355
Other loans					28,000	28,000
Trade creditors					14,837	12,294	15,684	6,956
Other taxation and social security					13,951	9,945	11,079	7,043
Pension contributions	payable				2,239	2,080	2,239	1,793
Other creditors					14,500	9,695		1,337
Accruals and deferred	income				5,101	5,400	5,101	5,400
					162,571	153,935	98,046	94,884

		Group	Group	Company	Company
		2022 6	2021f	2022	2021f
Bank	loans	1,680,476	1,763,507	1,614,643	1,677,674

Included within	the a	bov	e are amou	nts fallin	g due as follows:
					Group 2022	Gmup 2021	Company 2022 6	Company 2021 f
Between one and two			years
Bank loans					126,450	94,850	106,450	74,850
Between two and five			years
Bank loans					237,684	284,55f	191,851	224,551
Over five years
Bank loans					1,316,342	1,384,f06	1,316,342	1,378,273
The aggregate	amount		of liabilities	payable	or repayable wholly	or in part more	than five	years after the
reporting date is:
					Group	Group	Company	Company
					2022	2021	2022 E	2021 f
Payable or repayable		by	instalments		1,316,342	1,384,f06	1,316,342	1,378,273
					1,316,342	f,384,106	1,316,342	1,378,273

			Group	Group	Company	Company
			2022 6	2021 f	2022 6	2021 8
Financial assets
Financial	assets measured	at fair value
through	income and expenditure		348,929	56,3f5	326,398	43,944

Stateme	nt	offunds - current ye	ar
							Balance at
				Balance at 1			31 March
				April 2021 6	Income f	Expenditure F	2022 f
Unrestricted		funds
General	fund			5,414,253	1,390,503	(848,900)	5,955,856
Reserves				(588,405)	264,381	(298,674)	(622,698)
				4,825,848	1,654,884	(1,147,574)	5,333,158
Statement offunds - prior year
							Balance at
			Balance at			Transfers	31March
			1 April 2020	Income f	Expenditure	in/out	2021 6
Unrestricted		funds
General	fund		2,761,910	1,135,113	(627,769)		3,269,254
Reserves			(477,634)	83,675	(219,647)		(613,406)
Revaluation		reserve				2,170,000	2,170,000
			2,264,276	1,216,968	(647,416)	2,170,000	4,825,848

			Balance at
Balance at 1			31 March
April 2021f	Income 6	Expenditure	2022 f
4,825,848	1,654,884	(1,147,574)	5,333,158

							Balance at
			Balance at			Transfers	31March
		1	April 2020	income f	Expenditure	in/out	2021 6
General	funds		2,284,276	1,218,988	(847,416)	2,170,000	4,825,848

20.	Analysis	ofnet assets between funds	ofnet assets between funds
	Analysis	ofnet assets between funds - current year
				Unrestricted	Total
				funds	funds
				2022	2022
				E
	Tangible	fixed	assets	5,867,372	5,867,372
	Current	assets		1,308,833	1,308,833
	Creditors	due	within one year	(162,571)	(162,571)
	Creditors	due	in more than one year	(1,680,476)	(1,680,476)
	Total			5,333,158	5,333,158
	Analysis	of net assets between funds - prior year
				Unrestricted	Total
				funds	funds
				2021f	2021f
	Tangible	fixed	assets	5,794,536	5,794,536
	Current assets			948,755	948,755
	Creditors	due within one year		(153,936)	(153,936)
	Creditors	due	in more than one year	(1,763,507)	(1,763,507)
	Tl			4,825,848	4,825,848

							Group	Group
							2022 E	2021f
	Net income	for the	year (as per Statement			of Financial Activities)	507,310	371,572
	Adjustments	for:
	Depreciation	charges					95,862	54,366
	Increase in debtors						(27,464)	(14,183)
	Increase/(decrease)		in creditors				11,214	(34,0'19)
	Net cash provided		by operating		activities		586,922	377,736
22.	Analysis of	cash	and	cash equivalents
							Group	Group
							2022	202'I
							F
	Cash in hand						348,929	56,315
	Total cash and cash			equivalents			348,929	56,315
23.	Analysis of	changes		in net debt

			At 1 April		At 31 March
			2021	Cash flows	2022f
			K
Cash	at bank and in hand		56,315	292,614	348,929
Debt	due within	1 year	(116,602)	2,420	(114,182)
Debt	due after	1 year	(1,763,507)	83,031	(1,680,476)
			(1,823,794)	378,065	(1,445,729)