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|Report of the Trustees|||1-6|
|---|---|---|---|
|Report of the Independent||Examiner||
|Statement<br>of Financial|Activities|||
|Income and Expenditure||Account||
|Balance Sheet|||10|
|Notes to the Financial Statements|||11-17|





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|Status|||A Charitable||Company|
|---|---|---|---|---|---|
|Registered|Company|number|0554 7814|||
|Incorporation|date||26 August 2005|||
|Registered|Charity number||1111647|||
|Principal|||M R Daniel|||
|Trustees|||SBadger|||
||||R H Cary|||
||||A S Daniel|||
||||M R Daniel|||
||||R A Sherlock|||
||||P Sullivan|||
|Ministry office|||Dunwood<br>Oaks|||
||||Danes Road|||
||||Awbridge|||
||||Romsey|||
||||SO51 OGF|||
|Registered|office||As above|||
|Bankers|||Caf Bank Ltd|||
||||25 Kings<br>Hill||Avenue|
||||Kings<br>Hill|||
||||West Mailing|||
||||ME19 4TA|||
|Independent|Examiner||D M Tripp F.A.I.A.|||
||||Tree Tops|||
||||Richmond<br>Close|||
||||Chandlers|Ford||
||||Hampshire|||
|Accountants|||David Tripp|&Co.||
||||Tree Tops|||
||||Richmond<br>Close|||
||||Chandlers|Ford||
||||Hampshire|||





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|||Note|||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total funds|Total funds|
||||funds|funds|||
|INCOMING RESOURCES|||||||
|Incoming<br>resources from generated|funds||||||
|Voluntary<br>income|||226,476|13,540|240,016|241,576|
|Investment<br>income|||14,098||14,098|13,090|
|Total incoming<br>resources|||240,574|13,540|254,114|254,666|
|RESOURCES EXPENDED|||||||
|Charitable<br>activities|||||||
|Cost of Activities|||189,029|26,013|215,042|195,547|
|Support Costs|||36,446||36,446|37,729|
|Governance<br>costs|||5,203||5,203|6,670|
|Total resources expended|||230,678|26,013|256,691|239,946|
|NET INCOMING/<br>(OUTGOING) RESOURCES|||9,896|(12,473)|(2,577)|14,720|
|RECONCILIATION<br>OF FUNDS|||||||
|Total funds brought<br>forward|||1,585,501|226,587|1,812,088|1,797,368|
|TOTAL FUNDS CARRIED FORWARD|||1,595,397|214,114|1,809,511|1,812,088|





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|||Note|2022|2021|
|---|---|---|---|---|
|Turnover||28 3|240,016|241,576|
|Direct costs of turnover||48 5|(251,488)|(233,276)|
|Gross surplus/(deficit)|||(11,472)|8,300|
|Governance<br>costs|||(5,203)|(6,670)|
|Operating<br>surplus/(deficit)|||(16,675)|1,630|
|Other income:|||||
|Rent received|||13,555|12,900|
|Interest received|||543|190|
|Other expenditure:|||||
|Retained surplus/(deficit)|for the financial year||(2,577)|14,720|





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||Note|||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total funds|Total funds|
|||funds|funds|||
|FIXEDASSETS||||||
|Tangible Assets|10|1,647,770|-|1,647,770|1,650,266|
|CURRENT ASSETS||||||
|Stocks||8,250||8,250|9,000|
|Debtors||6,434||6,434|2,774|
|Cash at bank & in hand||182,957|7,062|190,019|197,390|
|||197,641|7,062|204,703|209,164|
|CREDITORS||||||
|Amounts<br>falling due within one year|12|42,962||42,962|47,342|
|Net Current Assets/(Liabilities)||154,679|7,062|161,741|161,822|
|TOTAL ASSETS LESSCURRENT LIABILITIES||1,802,449|7,062|1,809,511|1,812,088|
|NET ASSETS||||1,809,511|1,812,088|
|CAPITAL AND RESERVES|14|||||
|Unrestricted<br>income funds||||1,595,397|1,585,501|
|Restricted<br>income funds||||214,114|226,587|
|||||1,809,511|1,812,088|





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|~De reciation||||||
|---|---|---|---|---|---|
|Depreciation<br>is provided|at the following|annual|rates|in order to write off each asset over its useful||
|economic<br>life||||||
|Freehold<br>Property||||not provided||
|Equipment,<br>Fixtures 8|Fittings|||15%reducing|balance|
|Motor vehicles||||15%reducing|balance|



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|2.VOLUNTARY|INCOME|2022|2021|
|---|---|---|---|
|Donations||170,220|171,953|
|Orphans<br>Fund||1,680|1,405|
|Gift Aid Tax Refunds||28,957|26,543|
|Conference Fees||4,160|300|
|Building<br>Fund||11,860|13,661|
|Sozo Book Sales||23,139|27,714|
|||240,016|241,576|



||240,016|241,576|
|---|---|---|
|3.INVESTMENT INCOME|||
|Rent received|13,555|12,900|
|Interest received|543|190|
||14,098|13,090|





|Year Ended 31 Oct|o|ber|2022|||
|---|---|---|---|---|---|
|||||2022|2021|
|4.COST OF ACTIVITIES||||||
|Wages 8 Staff Costs||||115,346|101,030|
|Social Security||||9,201|7,110|
|Conference<br>Expenses||||1,001||
|Sozo Book Purchases||||12,528|11,468|
|Ministry<br>Giving||||9,889|10,698|
|Licenses||||||
|Rates &Water||||4,123|5,691|
|Light & Heat||||11,257|7,020|
|Insurance||||2,925|2,510|
|Repairs & Maintenance||||2,330|3,129|
|Telephone||||2,525|2,764|
|Motor Expenses||||2,133|1,547|
|Postage, Stationery|&Website|||8,495|5,913|
|Refreshments||||1,691|703|
|Faith School 8 Youth||Ministry||596|235|
|Literature|||||178|
|Copyright||||521|496|
|Travel &Accommodation||||175|285|
|Depreciation<br>of Musical|||Instruments|2,469|1,776|
|Depreciation<br>of Ministry|||Equipment|1,824|2,089|
|||||189,029|164,642|
|Restricted:<br>Orphans||Expenses||1,680|2,680|
|Restricted:<br>Repairs|& Maintenance|||24,333|28,225|
|||||215,042|195,547|
|5.SUPPORT COSTS||||||
|Staff Costs||||21,555|21,555|
|Social Security||||1,193|1,193|
|Rates &Water||||459|633|
|Light 8 Heat||||1,251|781|
|Insurance||||326|279|
|Telephone||||1,684|1,843|
|Bank Charges||||483|470|
|Credit Card Commission||||58|38|
|Repairs 8 Maintenance||||2,963|3,484|
|Sundry<br>&Cleaning||||334|407|
|Subscriptions||||449|485|
|Depreciation<br>of Furniture|||8 Fittings|5,543|6,386|
|Depreciation<br>of Motor||Vehicles||148|175|
|||||36,446|37,729|





|Year Ended|31 October 2022||||
|---|---|---|---|---|
||||2022|2021|
|6.GOVERNANCE COSTS|||||
|Accountancy|||2,150|2,150|
|Legal 8 Professional<br>Fees|||53|1,520|
|Book-keeping|& Administration||3,000|3,000|
||||5,203|6,670|
|7.NET INCOMING/(OUTGOING)||RESOURCES|||
|Net resources|are stated after charging/(crediting):||||
|Depreciation|- owned assets||9,984|10,426|
|Accountancy|Costs<br>—Independent|Examination|2,150|2,150|
||||12,134|12,576|
|8.TRUSTEES' REMUNERATION||AND BENEFITS|||
|The emoluments<br>of the Trustees||were:|||
|Remuneration|of Trustees||14,557|13,296|
|Remuneration|for services other|than Trustees|75,165|68,649|



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|Wages and|Salaries|||||128,196|116,086|
|---|---|---|---|---|---|---|---|
|Social Security Costs||||||10,394|6,398|
|Staff Healthcare||||||5,908|5,735|
|Pension<br>Contributions||||||2,797|4,363|
|||||||147,295|132,582|
|No employee|received|emoluments|of|over f60,000 during|the year.|||
|The average|number|of staff employed||by the trust during|the financial year amounted|to:||
|||||||2022|2021|
|Full-time||||||4|4|
|Part-time||||||1|1|





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|||||||Land and|Plant and|Totals|
|---|---|---|---|---|---|---|---|---|
|||||||buildings|equipment||
|Cost at 1 November||2021||||1,591,209|278,924|1,870,133|
|Additions<br>in year|||||||7,488|7,488|
|Disposals|||||||||
|Total at 31 October 2022||||||1,591,209|286,412|1,877,621|
|Depreciation<br>at 1 November|||2021||||219,867|219,867|
|Depreciation<br>on|disposals||||||||
|Depreciation<br>for|year||||||9,984|9,984|
|Total at 31 October 2022|||||||229,851|229,851|
|Net Book Value|at 31 October|||2022||1,591,209|56,561|1,647,770|
|Net Book Value|at 1|November||2021||1,591,209|59,057|1,650,266|
|The breakdown|of Land and||Buildings||is as follows:||||
|||||||Freehold|Leasehold|Totals|
|||||||Property|Property||
|Cost:|||||||||
|At 1 November<br>2021||||||1,591,209||1,591,209|
|Additions<br>in year|||||||||
|Disposals<br>in year|||||||||
|At 31 October 2022||||||1,591,209||1,591,209|





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|||||2022|2021|
|---|---|---|---|---|---|
|11.DEBTORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|Other Debtors||||5,226|1,634|
|P repayments||||1,208|1,140|
|||||6,434|2,774|
|12.CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||
|Taxation and Social Security||||682|2,731|
|Other Creditors|& Loans|||38,350|40,665|
|Accruals||||3,930|3,946|
|||||42,962|47,342|



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## 

|14.MO|VE|MENT<br>IN FUNDS|||||
|---|---|---|---|---|---|---|
|||||Net|Transfers|At 31.10,22|
|||||movement<br>in|between||
|||||funds|funds||
|Unrestricted||income funds:|||||
|General|fund||1,585,501|9,896||1,595,397|
||||1,585,501|9,896||1,595,397|
|Restricted||income funds:|||||
|Building|fund||222,568|(12,473)||210,095|
|Orphans|fund||4,019|||4,019|
||||226,587|(12,473)||214,114|
|TOTAL|FUNDS||1,812,088|(2,577)||1,809,511|





|net movement|net movement|in|funds,|included|included|in the above are as follows:||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Incoming|Resources|Movement<br>in|
||||||||resources|expended|funds|
|Unrestricted||income funds:||||||||
|General|fund||||||230,685|(220,789)|9,896|
|Designated<br>funds|||—Ministry||Giving||9,889|(9,889)||
||||||||240,574|(230,678)|9,896|
|Restricted<br>income|||funds|||||||
|Building|fund||||||11,860|(24,333)|(12,473)|
|Orphans|fund||||||1,680|(1,680)||
||||||||13,540|(26,013)|(12,473)|
|TOTAL|FUNDS||||||254,114|(256,691)|(2,577)|



|Analysis<br>of|Net Assets between<br>Restricted<br>and|Unrestricted<br>Income Funds:|||
|---|---|---|---|---|
|||||Total|
|||Tangible|Other Net||
|||Fixed Assets|Assets||
|Restricted|income funds||214,114|214,114|
|Unrestricted|income funds|1,647,770|(52,373)|1,595,397|
|||1,647,770|161,741|1,809,511|



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|<br>Year Ended 31 Octo|ber 2022|||
|---|---|---|---|
|||2022|2021|
|INCOMING<br>RESOURCES||||
|Voluntary<br>Income:||||
|Donations||170,220|171,953|
|Building<br>Fund||11,860|13,661|
|Orphans<br>Fund||1,680|1,405|
|Gift Aid tax refunds||28,957|26,543|
|Conference fees||4,160|300|
|Test Valley lockdown|grant|||
|Sozo Books sales||23,139|27,714|
|||240,016|241,576|
|Investment<br>Income:||||
|Rent received||13,555|12,900|
|Interest received||543|190|
|Total incoming<br>resources||254,114|254,666|



|RESOURCES EXPENDED|RESOURCES EXPENDED|RESOURCES EXPENDED|||2022|2021|
|---|---|---|---|---|---|---|
||||Charitable|Support|Total costs|Total costs|
||||costs|costs|||
|Wages &staff costs|||115,346|21,555|136,901|122,585|
|Social Security|||9,201|1,193|10,394|8,303|
|Conference<br>Expenses|||1,001||1,001||
|Sozo Book Purchases|||12,528||12,528|11,468|
|Ministry<br>Giving|||9,889||9,889|10,698|
|Orphans'<br>Expenses|||1,680||1,680|2,680|
|Rates &Water|||4,123|459|4,582|6,324|
|Light & Heat|||11,257|1,251|12,508|7,801|
|Insurance|||2,925|326|3,251|2,789|
|Licenses|||||||
|Repairs 8 Maintenance|||26,663|2,963|29,626|34,838|
|Telephone|||2,525|1,684|4,209|4,607|
|Motor Expenses|||2,133||2,133|1,547|
|Postage, Stationery<br>&|Website||8,495||8,495|5,913|
|Refreshments|||1,691||1,691|703|
|Faith School 8 Youth|Ministry||596||596|235|
|Literature||||||178|
|Copyright|||521||521|496|
|Travel &Accommodation|||175||175|285|
|Bank Charges||||483|483|470|
|Credit Card Commission||||58|58|38|
|Sundry<br>&Cleaning||||334|334|407|
|Subscriptions||||449|449|485|
|Depreciation<br>of Motor|Vehicles|||148|148|175|
|Depreciation<br>of Fixtures||& Fittings||5,543|5,543|6,386|
|Depreciation<br>of Musical||Instruments|2,469||2,469|1,776|
|Depreciation<br>of Ministry||Equipment|1,824||1,824|2,089|
||||215,042|36,446|251,488|233,276|





|Detailed<br>&Summary<br>Statement<br>of Financial<br>Activities<br>Year Ended 31 October 2022|(continued)||
|---|---|---|
||2022|2021|
|Governance costs|||
|Accountancy|2,150|2,150|
|Legal & Professional<br>Fees|53|1,520|
|Book-keeping<br>8 Administration|3,000|3,000|
||5,203|6,670|
|Total resources expended|256,691|239,946|
|NET INCOME/(EXPENDITURE)|(2,577)|14,720|