COMPANY REGISTRATION NUMBER: $433044 CHARI REGISTRATION NUMBER: 1112847 Trinity Christian centre Company Limited by Guarantee Unaudited Financial Statements 31 March 2023 "KHPT¢43* 091212W23 r£thipANIES HCIJSE
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Trinity Christian centre Company Limited by Guarantee Financial Statements Year ended 31 March 2023 Page Trustees, annual report (incorporating the directovs report} Independent examinerfs report to the trustees Statement of financial activities (including income arm expenditure account) Statement of financial position Notes to the financial statements The followlng pages do not fomi part of the financial statements Detailed statement of financial activities Notes to the detailed statement of financial activities 22
Trinity Christian centre Company Limited by Guarantee Trustees. Annual Report (Incorporating the Dlrectorfs Report) Year ended 31 March 2023 The Iruslees, who are also the directors for the purposes of company law. present their report and the unaudited financial 51alemenls of the charity for the year erKJed 31 March 2023. Rfjfgren and odminislrative details Regi5t•red charity namg Trinity Christian centre Charity registration number 1112847 Company registration number 5433¢)44 Principal office and regislered Rowhealh Pavili office Heath Road Boumville Birmingham B30 1HH The trustees D Price RA BalS S Burden AGF Dyson L Field PJ Lumley Revd Of M Robinson A Tennanl Rev M Wilson (Appxiinted 14 October 2023} (Resigned 14 October 20231 (Resigned 11 January 20231 {Resigned 24 November 20221 {Appoinled 13 October 20221 (Resigned 11 July 20221 Independent examiner DavKI Seeley FCA Accuo Accounting Ltd Chartered Accountants aThJ Business Adviscffs 40 Bear Hill Alvechurch Birmingham B48 7JX Structure• govemance and management Trinity Christian Centre is a charitable panY limited by guaranlee, withoul having share capital, and is governed by its memorandum and artides of ass(Kiation. rhe Directors have delegated financial responsibilty to a Finance Committee and financsal management to the Chief Execulive Officer. The Directors have delegated re5ponsibilty for property development lo the Propety Development Committee and management lo the Chief Execulive Officer. The Directors have delegated Operatnal management to the Chief ExeoJtNe Officer.
Trinity Christian centre Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Reporl) (rtinued) Year ended 31 March 2023 Objectives and a¢tiviti•s The charity's objects are". The advancement of the Christian Faith in accordance with the doctrines adopted and approved by the Evangelical Alliance from lime to lime and the worship and enjoyment of God with practical obedience lo His Commandments within the United Kingjom and elsewhere by any means whatsoever and in particular to promote Jesus Christ as Lord and Saviour of the Wortd and lo bring the good new5 of Jesus Christ lo all peoe. The advancement of education and in particular but not by way of limitation the study of Christian principles and values and applution and rdevance to every strata of Society whether for children or adults. The relief of persons wh) are in condib"on$ of need. hwdship or distress, or who are sick whether children or adults. Promotion of mental. m¢xal and physical devehjpment of people. particularly children and young people, so as lo develop their full potential (to enable them to become responsible members of society and so that their conditions of lrfe can be improved) by any means that the Iruslees think fit in particular but not by way of limilatK)n Ihrough the provisions of recrealional facilities for the public benefit in the interests of social welfare and with Ihe objects of improving the eoThJilions of lrfe for the inhabitants of Birmingham and the West Midlands. To provide facilities lo iude but not limited lo a community centre for the general benefit of the public in such a way as may be charrtable and in particular bul not so as to limit the generality of the foregoing provisions such as amenities and facilities for the benefrt of the public that are not provided froffl wblic funds. Rowheath Pavilion was built in 1924 as the sports pavilion ft)r Cadbury VrkerS and was surrounded by 7S acres of sports ground as part of George Cadbury s commrtmenl lo the lrfe and play of workers. Trinity Chflstian Centre remains committed to George Cadbury's vision through ils operation of Rowheath Pavilion and the remaining park arKI playing fields. Rowheath Pavilh)n supports the mental. spiritual. and phys1 wellbeing by enabling a diverse range of sport and leisure activities lo be enjoyed by by Bournville resKlents as wdl as the wider Birmingham community. The director$ take into accwnt the charity committee guidance on publK benefit in their strategic planning. Achlevements and performance Rowheath Pavilion excels al providing a tAace of welcome to ttrw)se who are in hardship andlor distress. Rowheath is home lo numerous swrts dubs, induding HarrErs Runrws, 8ournville FC. Crusaders FC. and Dixonians Rugby Club. The spts wkhes are in the process of b8irwJ regraded (Part of a FA grant funded projecll. The Café and Bar serve the communty with high quality faclities and are popular,. which is refiected in the profits generated.
Trinity Christian centre Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (condnued) Year ended 31 March 2023 Flnancial review Despite increased turnover al Rowhealh Pavilion. costs were hh and resulted in a deficit for the financial year. Foorfall and income from the café arbd bar were higher than 2022 due lo a long, hol, and dry summer. However, staff costs and consultancy fees were exceptionally high due to the reab'on of new senior roles. redundarries, matemity leave cover, aThJ the resignakn.on of the executive manager. Detailed results for the year are shown in the accompanying accounts. Fundraising was paused whilst a strategy review look place., with a view lo launch the major propety development appeal early 2024 (Rowhealh Pavilion's Centenary year). Plans for futurn pèriods The charity will continue to ensure that Rowhealh Pavilion. park and playsng fields can be enjoyed by the whole commLhnity- We will work on making the activities of our trading subsidiary IRPL) more competitive in order lo create higher quality facilrties arKJ generate greater income lo contribute towards the mainlenanee of Rowheath Pavilion community ntre. We are eurrentty working on building two distinct. high quality. brandslbusinesses for the café and bar. and soon to develop the weddings and events actNilies of RPL. The plarns for property redevelopment lo enable Rowhealh Pavilion lo be an aSsIble and fil for purpose as a thriving community hub in the long term is the fvndraising priority by the Trustees and Senior management. The first stage - of improved accessibility a Changing Place - has nearly been completed. The remodelling of the Pavilion will be completed in distinct bul retrofillable phases, enabling work lo begin more quIcY and fvndraisir4J wll be for distinct remodelling projects. The organisation is priorilising building organisab'onal and financial resilience, and working in doseT partnership with Rowheath Pavilion Church (Who initially fomied the charity)- Small company provisions This report has been prepared in accrKdan¢e wth the provisK)ns appICable to companies entitled lo the small companies exemption. The trustees. anThJal report was approved on 16 November 2023 and signed on behaw of the board of Iruslees by.. D Price Trustee
Trinity Christian centre Company Limited by Guarantse Indepandent Examinerfs Report to the Trustees of Trinity Christian centre Year ended 31 March 2023 I report lo the Iruslees on my exarnination of the financial statements of Trinty Christian centre (Ihe charity.) for the year ended 31 March 2023. ResponsibilitSes and basis of report As the trustees of Ihe company (arKJ also its directors for the Purposes of company law) you are responsible fof the preparation of the financial statements in accordance with the requirements of the Companies Act 20¢)6 {'the 2006 Acfl. Having satisfied myself that the aeeounls of the company are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent eXamInatn, I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Acl'l. In carrying out my examination I have followed the Directions gNen by the Charity CommissM)n under section 14515)Ibl of the 2011 Acl. Independont •xaminerfs statwn•nt I have completed my examination. I confirm that no mallers have come lo my attentn in connection with the examination giving me cause to believe= a¢¢ounling records were not kept in respect of the Charity as required by section 386 of the 2006 Acl" or the financial stalements do rt wf(h those records: or the financial slalemenls do not comply 4Mth the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fair. view which is not a matter consKlered as part of an independent examination.. the financial stalemenls have not been prepared in accordan wilh the meldS and principles of the Slalemenl of Reeommended Practice for accounting and reporting by harithes applicable to charrties preparing their aecounls in accordance with the Financi81 Reporting Standard aprAie8ble in the UK and Republic of Ireland {FRS 1021. I have no concerns and have come across rK) other matters in conneclion with the examination to which attention should be drawn in Ihis retKyl in order lo enatje a proper urKlerstsnding of the accounts lo be reached. David Seeley FCA Independent Examiner Accuo Accounting Ltd Chartered Accountants and Buwne5s Advisors 40 Bear Hill Alvechurch Birmingham B48 7JX
Trinity Christian centre Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2023 2023 Unrestricted Restrtcted funds funds Total funds 2022 Total fvnds Income and endowments Donations and legacies Charitable activities Investment income Other income 20,123 10.22S 93.324 25.000 13 151.767 328 163.230 328 168.030 4.800 Total income 183.681 15.025 198.706 270,104 Expendituro Expenditure on charitable activities Total expendituro 9.10 217.264 6Q,567 277,831 352,219 217,264 60.567 277.831 352.219 Net expenditur• and nel movement in funds {33.583} (45,5421 (79.1251 {82.115} Reconciliation of funds Total funds brought forward Total funds Carried forward 673,136 771,644 853.759 64.925 827,594 692.519 771.644 The statement of financial activities includes all gains and losses recognised in the year. All income 2nd expenditure derive from continuing vItieS. The not•s on pa9•9 8 to 18 lorni part of these finanrAal statements.
Trinity Christian centre Company Limited by Guarantee Statement of Financial Position 31 March 2023 2023 2022 Noto Fixed assets Tan9ible fixed assets Investments 16 17 544,745 100 594,504 100 544,845 594,604 Current assets Debtors Cash at bank and in hand 19 39,973 188.625 72,635 197.651 228,598 270,286 Creditors: amounts falling due within one year Net current assets 20 59.257 61.579 169.341 208.707 Total assets less current liabilities 714,186 803.311 Creditors: amounts falling due aft•r morn than one year Net assets 21 21.667 31.667 692,519 771,644 Funds of the chwity Reslricled funds Unrestricted funds 627,594 64.925 673,136 98,508 Total charity funds 24 692,519 771,644 For the year ending 31 March 2023 the charity was entitled lo exemption from audit under section 477 of the Companies Act 2(MJ6 lating to small companies. Direclors. responsibilities.. The members have r1 required the company to oblain an audit of its financial statements for the year in questK¢n in a(%0rdae wilh section 476.. The directors ackno%edge their responsibilit$ for comptying with the requirements of the Act wlh respect lo accounting records aThJ Ihe preparation of financial stslemenls. These financial statements have been prepared in accordance with the provisions applicable lo companies subject lo the small comparties. regime. The statement of financial position continues on the following page. Th• notes on pa9•s 8 to 18 fomi part ofth•s• financial statements.
Trinity Christian centre Company Llmlted by Guarantee Statement of Financial Position {¢onttnued) 31 March 2023 These financial slalements were approved by the board of trustees and aulhorised for issue on 16 November 2023, and are signed on behalf of the board by- D Price Trustee Th¢ not•s on pages 8 to 18 fffln part ofth•s• financial slat•ment8.
Trinity Chrlstian centre Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2023 General inforn)ation The charity is a public benefit entity and a private company limited by guarantee. registered in England and Wales and a registered charity in England and Wales. The address of the registered Off is Rowhealh Pavilion. Heath Road. Boumville. Birmingham. B30 1 HH. Statement of compllance These finala[ statements have been prepared in compliance wtlh FRS 102. The Financial Reporting Standard applicable in the UK and the Republ of IrelarHJ'. the Statement of Recommended Pract applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard apICable in the UK and Republic of Ireland (FRS 102} {Charities SORP IFRS 102)18nd Ihe Companies Act 2CM)6. Accounting policies Basis of preparation The financial statements have been prepared on the historul cosl basis, as modrfied by the revaluation of certain financial assets and Irabilities and inveslmenl properties measured al fair value through income or expenditure. The financial slalernents are prepared in 5teding. which is the functional currerKy of the enlty. Going conum There are no material uneertainties ab(wJt the thartys abilty to continue. Disclosure exemptions The entity Satisfies the crileria of being a qualfying entity as defined in FRS 102. As su¢h. advantage has been taken of the followng disdosure exemptions available under FRS 102.. (a) No cash flow statement has been presented for the company. Ibl Disdosures in respect of financial instnjments have not been presented. Consolidation The entity has taken advantage of the optn not to prepare consolKlated financial statements contained in Section 398 of the Cornpanies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a Sm1 group.
Trinity Christian centre Company Limited by Guarantse Notes to the Financial Statements Icontthu¢dJ Year ended 31 March 2023 Accounting policies (eonlinued) Judgements and key wurces of estimation uncertainty The preparation of the financ1 statements requires management lo make judgements, estimates and assumplions thal affect the amounts reported. These eslimates and judgements are continually reviewed and are based on experience and other faclors. induding expectations of future events that are believed to be reasonable under the arcumstances. Signrficant judgements There are no signfficant judgements {apart from those involving estimations} that management has made in the pr¢xess of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial ststements. Key sources of eslimatKJn uncertainty Accounting estimates and assumptions are made conrning the future and. by their nature. will rarely equal the related actual outcome. There are no key assumplions and other sources of estimation uncertainty that have a sIgnrfnt risk of causing a malerial adjustment to Ihe carying amounts of assets and Ipbilities wilhsn the nexl financial year. Fund accounting Unrestricted funds are aVailae for use at the discretion of the trustees to further any of the charity's purposes. Oesignaled fvnds are unrestricted furKls eamked by the trustees for particular futu project or commilmenL Reslri¢led fvnds are subjected to reStrtKInS on their expenditure (Jeclared by the donoi or through the terms of an appeal, and fall into of Iwo sutFdasses'. reslricled income funds or endowment furKIs. Incomlng iesources All income is included in the slatemenl of financial aclivilies when enliuernenl has passed lo the harity. it is probable that the economic benefits associated wlh the transaction will flow to the charity and the amount can be rdiably measured. The following Specif wliryes are applied lo particular categories of income". income from donatK)ns or grants is recognised when there is ev*Jence of enli(lemenl lo the grfi, receipt is probable and ils amount can be measured reliably. Donated facilities an¢ services are recognised in the accounts when received rf the value can be reliably measured. No amounts a induded for the contribution of general volunteers.
Trinity Christian centre Company Limited by Guarantee Notes to the Financial Statements (conknnuedj Year ended 31 March 2023 Accounting policles (continued) Resources expènded Expenditure is recognised on an accruals basis as a liability is irrred. Expenditure includes VAT as this cannot be recovered. and is classified under headings of the statement of financial activities lo which it relates: expenditure on raising funds indudes the costs of all fundraisirKJ aclivilies, events, non- charitable trading activit$, and the sale of donated goods. expenditure on charitable activities includes all 51$ incurred by a charity in undertaking aclivilies that further ils charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned lo charitable aclivilies. other expenditure includes all expenditure that ts neither related to raising funds for the charity nor part of its expendiiure on charitable actNilies. All costs are allocated to expenditure categories relecling the use of the resource. Direel costs attributable to a single aclivty are allocated direcuy lo that aclivity. Shared costs are apportioned between the activities they eontn.bule lo on a reasonable. jusl¢fiable and consislenl basts. Tangible assets Tangle assets are initially recorded at cost. and subsequently staled at cost less any accumulated deprecK8tK)n and impa*menl losses. There are no as5els carried at revalued amounts. Depreciation Depreciation is caleulaled so as lo wrTle off the cost or valuathy) of an as. less rts residual value, over the useful econom lrfe of that asset as follows= Long leasehold propety Fixtures and fittings 5% Strah1 line 10% straight li Investmenls Fixed assel investments represenl shares rn the charity's subsKliary and a recorded al cost. There is considered lo be no impairment. Government grants Government grants are reco9nised at the fair value of the asset receNed or receivable. Granls are not recognised until there is reasonable a55uranee that the charity will comply with the condil¥)ns attaching to them and the gfants will be received. Where the grant does not impose specrfied future perfomance-relaled conditions on the recipient, rt is recognised in income when the grant preedS are received or receivable. Where the grant does impose specrfied future performance-related condilions on the recipient, it is recognised in income only when the performance-relaled conditions have been mel. Where grants received are priof to sats'sfying the revenue reccgnition criteria. they are recognised as a 10
Trinity Christian centre Company Llmited by Guarantee Notes to the Financial Statements (conthued) Year ended 31 March 2023 Accounllng polieieg (continued) Deflned contributlon plans Contributions to defined conlrilyjlion plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are Tecognised as an asset lo Ihe exient that the prepayment will lead lo a reduction in future payments or a cash refund. Limited by guarant•• In Ihe evenl of the charity being dissolved then current members and any person who ceased to be a Member within the twelve months preceding dissolution may be liable to contribute a sum r•)1 greater than £10 towards the costs of dissolution or the charity's debts. Donatlons and logacies unStrICted Funds Restricted Total Funds Funds 2023 Donations General Donaltons Donations from subsidiary 1.683 7.490 1.683 7,490 Grants Grants reeeivable BW Government grant 1me 10,225 11,225 9,950 9.950 20.123 10,225 30,348 Unrestn'cted Funds Re5tn"cted Total Funds Funds 2022 Donations General Donations Donations from subsidBry 317 50.242 317 50.242 Grants Grants re1vable 2,500 9.950 30.315 2,500 9.950 30,315 Govemmenl grant income 93.324 93,324 Charitablé activities Unrestricled Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Insurance pr(Keeds 25,0Tr) 25,000 11
Trinity Christian centre Company Llmited by Guarantee Notes to the Financlal Statements {continuvdJ Year ended 31 March 2023 Investment income unresir1ed Total Funds Uwestricted Toial Funds FurKJs 2023 Funds 2022 Bank interest reeervable 328 328 13 13 Other income Unreslricled Funds ReStrted Total Funds Funds 2D23 Hwe of Grounds and Rooms Community Events Other income 156.831 156,831 11,184 15 4,800 15 163.230 4.800 168.030 Unrestr1 Funds Restricted Total Funds Funds 2022 Hire of Grounds and Rooms Community Events Olher income 131,639 20.128 131,639 20,128 151.767 151.767 Expondituro on charitable activitiès by fund ty Unrestn'cled Funds Reslricled Total Funds Funds 2023 Community Hall and Lettings ayiThJ Fields Propety Improvements ' Support costs 186,070 28,878 54.559 240.629 28,878 6,008 2.316 6,008 2,316 217.264 60.567 277,831 Unrestricted Funds Restricted Total Funds Funds 2022 Community Hall and Lettings Playing Fields Propety Improvements Support costs 181.8 41.794 21,705 5,709 49.759 231,649 41,794 73.067 5.709 51.362 251,L198 101.121 352,219 12
Trlnity Christian centre Company Limited by Guarantee Notes to the Financial Statements (conJmKdJ Year ended 31 March 2023 10. Expenditure on charitable a¢tivIti by activity type Acts"vities undertaken directly Supp1 Total funds costs 2023 Total fund 2022 Cnmunity Hall and Lellings Playing Fields Property Improvements Governance costs 240.629 28,878 6,)8 240.629 28.878 6.008 2.316 231.649 41.794 73,067 5.709 2.316 275.515 2.316 277.831 352.219 11. Analysis of support costs Analysis of supwrt costs Total 2023 Total 2022 Staff costs Govemance costs 4.309 1.400 2.316 2.316 2.316 2,316 5.709 12. Net eXndItUre Net expenditure is slated after Chargin{(ed11ing)". 2023 2022 Deyecialion of tangible fed assets 49.759 49,759 13. Independt examlnation ftes 2023 2022 Fees payable lo the independent examiner for.. Independent examination of the financia slalements 1,680 1,400 14. Staff costs The average head count of employees during the year was 11 {2022'. 13). The avera number of full-lime equivalent employees during the year is analysed as follows= 2023 No. 2022 Management Charitable activili8S 10 12 13 No employee received employee benefits of more than £60,000 during the year12022.. Nill. 13
Trinity Christian centre Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2023 14. Staff c(vJts (eonUnu8dJ Key Manag¢m•nt Personnel Key management personnel is primty the Executive manager. Emrdoyment costs in the year were £41.622.12022'. £42.0231 15. Trustee remuneration and expenses No remuneratitin or other berrtS from employment wtth the Charity were received by any of the trustees. No Iruslee expenses have been incurred. 1& Tangible fixed assgts Long leasehold Fixture5 and propety fittings Total Cost At 1 April 2022 and 31 March 2023 D•pr•ciation At 1 April 2022 Charge for the year At 31 March 2023 995.173 86,214 1.081.387 400,669 49,759 86.214 486.883 49,759 536,642 450.428 86,214 Carrying amount At 31 March 2023 SM.745 544,745 At 31 March 2022 594.504 594,504 17. Invèstments Shares in group undertaking Cost or valuation At 1 Aprll 2022 and 31 March 2023 Impaimient At 1 Aprll 2022 and 31 March 2023 Carrying amount At 31 March 2023 100 100 At 31 March 2022 100 All investments shown above are held al valuation. 14
Trinity Christian centre Company Limited by Guarantse Notes to the Flnancial Statements 1¢onbnu•dJ Year ended 31 March 2023 18. Investment entities A$sociatès and joint vgntures The charity's share of income and expenditure of each material associate thal is a charity is analysed as floWS.. Trinity Chrisiian Centre holds 1QO% 1100 ordin*y $e$> of the issued share ¢8pilal of Rowheath Pavilion Ltd. a non-charitable trading cornpany. Due to the size of the group consolidated accounts are not prepared and a summary of the results and financial posttion of the subsidiary is shown below. 2023 2022 Turnover Other income Expenses and other costs Nel result Nel Assetslliaimlilies 524.532 310.703 2.132 41,296 1522.9311 1349.5691 3.733 2,430 3,733 100 Included in expenses is an amount of £7.4 relating lo a donation lo be given lo Trinity Chrislian Centre under Grft rules. This is induded in the income of the charity and an amount of £11.580 is inclu(Jed in amounts receivable for the charity and Ihe liabilities of the subs1ry. The charity's Share of inwme and expenditure. assets. liabilities and funds of each malertal joint venture that is a charity are analysed as fdk)ws: 19. Dèbtors 2023 2022 Trade debtors Amounts owed by group undertakings Other (Jeblors 27.497 11.580 896 25.097 47,538 39,973 72.635 15
Trinity Christian centre Company Limited by Guarantee Notes to the Financial Statements (condnwdj Year ended 31 March 2023 20. Creditors: amounts falllng due wlthln one year 2023 2022 Bank loans and overdrafts Trade creditors Accruals and deferred income Social security and other taxes other credilors 10.000 10.098 1,680 10.000 5.944 1,400 1,912 42,323 37,479 59.257 61.579 21. Creditors: amounts falling due aft•r more than one y•ar 2023 2022 Bank loans and i)verdrafts 21.fj67 31.667 22. Penslons and other post rellrement benellts D8fined contribution plans The amount reeognised in income or eXperrtUre as an expense in relation lo defined contribution plans was £1,631 12022.. £2.013). 23. Gornment grants The amounts recognised in the finarKial ststements for gwiernmenl ants are a$ follows: 2023 2022 Recognised in income from don*ions and legacies.. Govemment grants income 30.315 24. Analysis of charitable funds Unrestricted funds At 1 April 2022 At 31 March 2023 IrKome Expenditure General funds 98.508 183.681 (217,264) 64.925 At 31 March 2022 1 April 2021 Income Expenditure General funds 79,502 270,104 1251,098} 98.508 16
Trinity Christian centre Company Llmited by Guarantee Notes to the Financial Statements (contiRued) Year ended 31 March 2023 24. Analysis of charitable funds (continwd) Restrlcted funds At 1 Apil 2022 At 31 MarGh 2023 Income Expenditure Life and Play-capilal FurKI Propety Improvement Y¢)uth and Community Beach Volleyball Court 651,419 17,572 4.145 (49.7591 {6.1)08) 601.660 27.789 4.145 10,225 {4.800) 160.567) 673.136 15.025 627,594 At 1 April 2021 At 31 Marth 2022 Income Expendrture Lile and Play-capital Fund Property Improvement Youth and Communty Beach Volleyball Court 701.178 68.934 4.145 {49.759) {51.362) 651.419 17.572 4,145 774,257 1101.121} 673,136 2S. Analysis of net assets between funds Unrestricted Funds Reslricled Tolal Funds Funds 2023 Tangible fixed assets Investments Current assets Credilors less than 1 year Creditors greater than 1 year Net assets 544.745 544.745 100 228.598 {59,257} {21,667} 692,519 145.749 {59,2571 {21,667) 64.925 82.849 627.594 Unrestricted Funds Restricted Total Funds Fund5 2022 Tangle fixed assets Investments Current assets Credilors less than 1 year Creditors greater than 1 year Net assets 594,504 594,504 100 270.286 {61.579) {31,667) 771,644 1C(I 191.654 161.5791 (31.6671 98.508 78,632 673,136 17
Trinity Christian centre Company Limited by Guarantee Notes to the Financial Statements {conthwdJ Year ended 31 March 2023 26. Related parties Rachel Renfrew. a fomier trustee of Ihe charity provides book-keeping and related services lo both the charity and its subsKliary. Rowheath Pavilion Ltd. During the year she received lot fees of £7,117 {2022.- £6.170)- In.a¢Ydition the charity has a number of relationships with Christian organisalions that use the premises on a commerckal basis-. Formission College CIO-comrnon trustees. Rent received £12,84212022: £14,500) Rowheath Church-common persons wilh signrficanl control. Rent received £11.000 {2022'. £10.2501, donalion made lo the church for community supt4)rt £1.$00 (2022.. £4.000). 18