2023-03-31-accounts

			Page
Reference and administrative details ofthe Company,	its Trustees	and advisers
Trustees' report			2-5
Trustees' responsibilities statement
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			16
Notes to the financial statements			17-35

			Unrestricted	Total	Total
			funds	funds	funds
		Note	2023f	2023f	2022f
Income from:
Donations and legacies			1,287,364	1,287,364	1,337,659
Chantable activities			67,418	67,418	46,727
Other trading activities			290,622	290,622	270,451
Investments			2,118	2,118	47
Total income			1,647,522	1,647,522	1,654,884
Expenditure on:
Raising funds			339,003	339,003	296,674
Charitable activities		7	1,160,510	1,160,510	848,900
Total expenditure			1,499,513	1,499,513	1,147,574
Net movement in funds			148,009	148,009	507,310
Reconciliation offunds:
Total funds brought	forward		5,333,158	5,333,158	4,825,848
Net movement in funds			148,009	148,009	507,310
Total funds carried	forward		5,481,167	5,481,167	5,333,158

		FOR	TH	E YEAR ENDED 31 MARCH 202	3
					2023	2022
						8
Cash flows from operating		activities
Net cash	used in operating	activities			266,724	586,922
Cash flows from investing		activities
Purchase	oftangible fixed assets				(44,887)	(168,698)
Advancing	loans					(40,000)
Net cash	used in investing	activities			(44,887)	(208,698)
Cash flows from financing		activities
Repayments of borrowing					(72,944)	(85,610)
Net cash	used in financing	activities			(72,944)	(85,610)
Change in cash and cash		equivalents	in	the year	148,893	292,614
Cash and	cash equivalents	at the beginning		ofthe year	348,929	56,315
Cash and	cash equivalents	at the end	of	the year	497,822	348,929
The notes	on pages 17to 35 form part ofthese financial statements

Unrestricted	Total
funds	funds
2023	2023f
1,287,364	1,287,364
Unrestricted	Total
funds	funds
2022	2022
6
1,335,TT9	1,335,T79
1,880	1,880
1,337,659	1,337,659

Unrestricted	Total
funds	funds
2023	2023
K
67,418	67,418

Unrestricted	Total
funds	funds
2022	2022
46,727	46,727

	Income from	charitable		activities - Church events		46,727	46,727
5.	Income from		other trading activities
	Income from		non charitable		trading activities
						Unrestricted	Total
						funds	funds
						2023	2023
						8	2
	Chanty trading		income	—venue	rental	210,654	210,654
	Sales ofgoods		at events			79,968	79,968
						290,622	290,622
						Unrestricted	Total
						funds	funds
						2022	2022
							8
	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
		2023f	2023
Investment	income	1,937	1,937
interest receivable		181	181
		2,118	2,118
		Unrestricted	Total
		funds	funds
		2022	2022
Investment	income	48
Interest receivable		1
		47

		Llnrestricted
		funds	Total
		2023	2023
		E
Chantable	activities	1,160,510	1,160,510
		Unrestricted
		funds	Total
		2022 8	2022f
Charitable	activities	848,900	848,900

			Activities
			undertaken	Support	Total
			directly	costs	funds
			2023	2023	2023
			6
Charitable		activities	331,460	829,050	1,160,510
			Activities
			undertaken	Support	Total
			directly	costs	funds
			2022	2022	2022
				6
Charitable		activities	220,799	628,101	848,900
Analysis		of direct costs
				Church	Total
				operations	funds
				2023	2023
				K	6
Church	hosting			100,128	100,128
Premises		costs		81,086	81,086
Ministry	and pastoral costs			94,101	94,101
Media costs				24,125	24,125
Studio costs				3,172	3,172
Camp and		conference costs		2,268	2,268
Giving				26,580	26,580
				331,460	331,460

Analysis of Analysis of	expenditure by activities (continued) direct costs (continued)
		Church	Total
		operations	funds
		2022	2022f
Church hosting		56,668	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
Analysis of	support costs
		Support	Total
		activities	funds
		2023f	2023f
Staff costs		444,73B	444,738
Depreciation		105,378	105,378
Printing, post	and stationery	5,302	5,302
Insurance		15,443	15,443
Telephone and internet		12,360	12,360
Computer costs		8,575	8,575
Professional	fees	99,594	99,594
Bank and cardnet charges		35,459	35,459
Bank interest		B2,398	82,398
Other expenses		19,803	19,803
		829,050	829,050

	Analysis o	f	support c	osts (co	nti	nued)
								Support	Total
								activities	funds
								2022	2022
	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					20,618	20,618
	Bank and cardnet charges							25,733	25,733
	Bank interest							49,952	49,952
	Other expenses							18,357	'i8,357
								628,101	628,101
9.	Auditors' remuneration
								2023f	2022
	Fees payable		to the Company's		auditor for the audit ofthe Company's
	annual accounts							8,100	6,600
10.	Staff costs
						Group	Group	Company	Company
						2023f	2022	2023	2022f
	Wages and	salaries				473,996	467,911	380,842	338,352
	Social security costs					48,632	44,030	39,371	32,474
	Contribution		to defined	contnbution		pension
	schemes					28,851	25,841	24,525	23,657
						549,479	537,782	444,738	394,483

			Group	Group	Company	Company
			2023	2022	2023	2022
			No.	No.	No.	No.
Church	and	administration		11
Venue	hire	operations		7
			18	18	11	ff

Group	Group
2023	2022
No.	No

		Long-term
	Freehold	leasehold	Plant and	Fixtures	Office
	property	property 8	machinery E	and fittings f	equipment	Total 6
Cost or valuation
At 1 April 2022	5,220,000	808,872	200,965	191,199	3,161	6,424,197
Additions			25,084	19,277	526	44,887
At 31 March 2023	5,220,000	808,872	226,049	210,476	3,687	6,469,084
Depreciation
At 1 April 2022		314,129	75,564	164,741	2,391	556,825
Charge for the year		40,442	52,415	13,462	489	106,808
At 31 March 2023		354,571	127,979	178,203	2,880	663,633
Net book value
At 31 March 2023	5,220,000	454,301	98,070	32,273	807	5,805,451
At31March 2022	5,220,000	494,743	125,401	26,458	770	5,867,372

		Long-term
	Freehold	leasehold	Plant and	Fixtures and
	property	property	machinery	fittings	Total
	6		8	8
Cost or valuation
At 1 April 2022	5,220,000	808,872	200,965	186,499	6,416,336
Additions			25,084	19,277	44,361
At 31 March 2023	5,220,000	808,872	226,049	205,776	6,460,697
Depreciation
At 1 Apnl 2022		314,129	75,564	163,801	553,494
Charge for the year		40,442	52,415	12,522	105,379
At 31 March 2023		354,571	127,979	176,323	658,873

Company (continued)
		Long-term
	Freehold	leasehold	Plant and	Fixtures and
	property	property	machinery	fittings	Total
		E
Net book value
At 31 March 2023	5,220,000	454,301	98,070	29,453	5,801,824
At 31March 2022	5.220.000	494,743	125,401	22,698	5,862842

			Group	Group	Company	Company
			2023	2022	2023	2022
						8
Freehold	property		3,544,835	3,544,635	3,544,835	3,544,835
Accumulated		depreciation	(749,991)	(679,094)	(749,991)	(679,094)
			2,794,844	2,665,741	2,794,844	2,865,741

		Group	Group	Company	Company
		2023 f.	2022f	2023	2022
Due within one	year
Trade debtors		9,908	44,324
Amounts owed	by group undertakings			390,834	563,844
Other debtors		921,914	915,580	920,313	915,450
		931,822	959,904	1,311,147	1,479,294

			Group	Group	Company	Company
			2023f	2022 f	2023 f	2022 f
Bank loans			61,777	83,943	51,777	63,943
Other loans				28,000
Trade creditors			16,394	14,837	8,839	'15,684
Other taxation	and social security		56,231	13,951	9,649	11,079
Pension contributions		payable	4,117	2239	4,117	2,239
Other creditors			9,877	14,500
Accruals and deferred		income	8,000	5,101	8,000	5,101
			156,396	162,571	82,382	98,046

	2023	2022	2023	2022
	f
Between one and two years
Bankloans	61,777	126,450	51,777	106,450
Between two and five years
Bank loans	150,332	237,684	137,832	191,851
Over five years
Bank loans	1,385,423	1,316,342	1,385,423	1,316,342

					Group	Group	Company	Company
					2023	2022	2023	2022
					8		E
Payable	or	repayable	by	instalments		1,385,423		1,385,423
						1,385,423		1,385,423

			Group	Group	Company	Company
			2023	2022	2023	2022
			8	8	8
Financial assets
Financial	assets measured	at fair value
through	income and expenditure		497,822	348,929	482,939	326,398

Stateme	nt	of	funds -current year
							Balance at
				Balance at 1			31 March
				April 2022	Income f	Expenditure 6	2023
Unrestricted			funds
General	fund			5,955,856	1,143,342	(1,160,691)	5,938,507
Subsidiary		reserves		(622,698)	504,180	(338,822)	(457,340)
				5,333,158	1,647,522	(1,499,513)	5,481,167
Statement		of	funds - prior year
							Balance at
				Be/ance at			31March
				1 April 2021	Income	Expenditure	2022
				6		6
Unrestricted			funds
General	fund			5,414,253	1,390,503	(848,900)	5,955,856
Subsidiary		reserves		(588,405)	264,381	(298,674)	('622,698)
				4,825,848	1,554,884	(1,147,574)	5,333,158

			Balance at
Balance at 1			31 March
April 2022	Income	Expenditure	2023
			6
5,333,158	1,647,522	(1,499,513)	5,481,167

Summar	y offunds - prior yea	r
						Balance at
			Balance at			31March
		1	April 2021	Income	Expenditure	2022
						6
General	funds		4,825,848	1,654,884	(1,147,574)	5,333,158

20.	Analysis	of net assets between	of net assets between	of net assets between	funds
	Analysis	of net assets between			funds - current year
						Unrestricted	Total
						funds	funds
						2023	2023
						6
	Tangible	fixed	assets			5,805,451	5,805,451
	Current	assets				1,429,644	1,429,644
	Creditors	due	within	one year		(156,396)	(156,396)
	Creditors	due	in more than one year			(1,597,532)	(1,597,532)
	Total					5,481,167	5,481,167
	Analysis	of net assets between			funds - prior year
						Unrestricted	Total
						funds	funds
						2022	2022
						6	6
	Tangible	fixed	assets			5,867372	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

					Group	Group
					2023f	2022
Net income for the	year (as per Statement		of Financial	Activities)	148,009	507,310
Adjustments for:
Depreciation charges					106,808	95,862
Decrease/(increase)	in debtors				28,082	(27,464)
Increase/(decrease)	in creditors				(16,175)	11,214
Net cash provided	by operating	activities			266,724	586,922

Group	Group
2023f	2022f
497,822	348,929
497,822	348,929

				At 1 April		At 31 March
				2022	Cash flows f	2023 f
Cash	at bank and		in hand	348,929	148,893	497,822
Debt	due within	1	year	(114,182)	48,288	(65,894)
Debt	due after	1 year		(1,680,476)	82,944	(1,597,532)
				(1,445,729)	280,125	(1,165,604)