## **CHURCHES TOGETHER IN GREAT CROSBY CHARITABLE TRUST** ## **ANNUAL ACCOUNTS – 1 JANUARY 2022 to 31 DECEMBER 2022** ||2022||2021|| |---|---|---|---|---| |**INCOME**||||| |Refreshments|81748||42415|| |Books / Cards|564||312|| |Donations|5664||2159|| |Rents|1238||617|| |Events – Teas|1102||567|| |Interest|9||2|| |Amazon|12||18|| |Gift Aid|753||329|| |HMRC – CJRS|||16202|| |Sefton Hospitality Grant|||9739|| |TOTAL||91090||72360| ## **EXPENDITURE** |Food & Drink
19114
Wages
49058
Electricity & Water
6461
Telephone
847
Rent
3000
Cleaning
1600
Maintenance
1127
Maintenance – new floor
Insurance
1110
Equipment
3327
Sundries
490
Petrol /Transport
65
Gifts & flowers
500
PRS Licence
139
Stationery
200
Card Fees
539
TOTAL
Net Surplus/Deficit
Less Depreciation Charge
Plus stock revaluation
Surplus (deficit) for Year|
10299

45422

4780

736

927

531
3195

1060

1344

759

4

500

86

153

227
87577
3513
2000
1513|


70023| |---|---|---| |||2337
2000
25
362| ## **BALANCE SHEET AS AT 31 DECEMBER 2022** |**FIXED ASSETS**|**2022**|**2021**| |---|---|---| |Leasehold Land & Property|62000|64000| |**CURRENT ASSETS**||| |Bank Accounts|26189|22908| |Petty Cash|145|49| |Banking in transit|394|258| |Stock|1412|1412| |**TOTAL ASSETS**|90140|88627| |**ACCUMULATION FUND**||| |Balance as at 1 Jan 2022|88627|| |Plus surplus for Year|1513|| |Balance as at 31 Dec 2022|90140|| Accounts to 31/12/22 were presented by MS to the meeting having been examined by Graham Murphy of Crosby Lions. - The year was our first full year of trade following the impact of Covid over the past 2 years and it is very pleasing to see sales turnover at a record level of £81,748 (£42,415) with total income at £91,090 (£72,360). - Donations were up at £5,664 (£2,159) but this includes 3 years of the annual £1,000 donation from St Lukes to help cover our rent. Tithing contributions stood at just over £1,200 emphasising the importance of this valuable source of income. - Our Christmas evening raised £558 an excellent contribution once again. - Net effect of the above was a surplus of £3,513 and with the depreciation charge of £2,000 our reserves improved by £1,513 - Cash balances increased from £23,215 to £26,728 - In previous years we have undertaken a number of improvements to the premises and this year saw us replace a number of appliances in the kitchen and upgrade some of the chairs. - Once again, it is pertinent to acknowledge the contribution from some of our key staff. - The Finance Manger / Company Secretary has overseen the Health & Safety issues as well as managing the claims under Gift Aid which have ensured we have been able to meet our Health & Safety guidelines as well as managing our cash flow. - Our managers have continued with their excellent service to the local community. Without their unstinting support which extends well beyond the contracted hours, Crossroads would not have been able to survive the pandemic and enjoy the financial results as portrayed in these accounts. - We are grateful to Geoff & Pam Stubbs who have continued the initiative established by Harry and Nora Harwood which effectively sees the bookstall and cards stocked free of charge to Crossroads so that every pound of sales filters through as surplus income. - Rent receipts were up from £617 to £1,238 and we continue to look for suitable new tenants to gain additional income outside of café hours. - Charity Commission guidelines suggest cash reserves should be 50% of running costs and we strive to build cash to a level of £35,000 to meet this commitment. - Whilst a number of fund raising initiatives have been held over the last few years, the longer term security of Crossroads from a financial perspective will be achieved if we can raise further awareness of this valuable ecumenical initiative and increase the number of people tithing each month. - Since we launched this initiative, the monthly tithes are running at £100 which is reduced slightly from a peak of £130 so we do need to continue to push for more support to secure the long term future of Crossroads. Independent examinerfs report to the CHURCHES TOGETHER IN GREA T CROSBYCHARITABLE TRi Accounts for the year ending 31$1 December 2022 Respective respon￿7)1￿1es of Truste¢s and Examiner The Trustees ure re￿￿nSible10T the preparation of the occounts. They ctjnsider thot on audit is not requiredfvr thi5 yeor under section 144 of the Charities Art2011 (The Charities Act) ond that on independent exomintition is needed. It is my responsibility to a) Ext7mine the accounts under section 145 of The Chorities Act bj Tofollow the procedures loid down in the generol directions given by the thority Commission (ul￿r section 145(5J(b) of the Churities Art) c) State whether porticular matters hove come to my 17ttention. Basis of the Independent Examlnerfs statement My examination wos corried out in accordance with general dlrections given by the Charity CommisSiDner. An exnminÉ7tion includes a review of the accounting records kept ty the Trustees and o comparison of the accounts presented with these record5. It olso includes considerotion of any unusuol items or disc105ures in the occounts and seeking explonations from the frustees concerning any such motters. The procedures undertaken do notprovide all the evidence thot would be required in on oudi¢ and consequently no opinlon is given os to whether the accounts present a "true andfair" wew, ond the report is limited to those mtrtters set out in the statementbelow. Independent Examiners Statement In ConnectKin with my examination of the account. no matter has come to my attent￿n 11 Which givesme reasonable Cause to believe that in, any material respert. the ￿qUirementS have not been met: al To keep accounting records in accordance wtth sertionlxlof the CharIt￿S Aci bl To prepare accounts which accord with the accounting records and Comp￿ with the accounting requirements of the Chartties Art; 21 To which. in my opinton. attention should be drawn in orderto enable a proper understsnding of the accounts to be ￿ached. Signed dote OL3 Independent Examiner Name oR*Hrtff rtukPR Y Address 30 RosfHovft D cAd56 1/ -1 l3 qv