| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||||
| Note | 2023 | 2022 | |||||
| F | F | E | |||||
| INCONIE AND ENDOWWIENTS | FROIN | ||||||
| Donations and legacies |
221,944 | 221,944 | 208,470 | ||||
| Investments | 40 | 40 | 1 | ||||
| Charitable activities |
697 | 697 | 600 | ||||
| Total income and endowments | 222,681 | 222,681 | 209,071 | ||||
| EXPENDITURE ON | |||||||
| Charitable activities |
181,364 | 181,364 | 248,244 | ||||
| Total expenditure | 181,364 | 181,364 | 248,244 | ||||
| Net income/(expenditure) | 41,317 | 41,317 | (39,173) | ||||
| Net movement in funds |
41,317 | 41,317 | (39,173) | ||||
| Reconciliation offunds: |
|||||||
| Total funds brought |
forward | 10;236 | 10,236 | 49,409 | |||
| Total funds carried | forward | 51,554 | 51,554 | 10,236 |
| BALANCE SHEET | |||||
|---|---|---|---|---|---|
| AS AT 31 MARCH 2023 | |||||
| Note | Unrestricted | Restricted | Total funds | Total funds | |
| Funds | Funds | 2023 | 2022 | ||
| FIXEDASSETS | f. | F | F | ||
| Tangible assets | |||||
| CURRENT ASSETS | |||||
| Debtors | 5,706 | 5,706 | 6,920 | ||
| Cash at bank | 49,345 | 49,345 | 7,285 | ||
| 55,051 | 55,051 | 14,205 | |||
| CURRENT LIABILITIES | |||||
| Liabilities falling due within one year |
8 | 3,497 | 3,497 | 3,969 | |
| Net current assets | 51,554 | 51,554 | 10,236 | ||
| -NET ASSETS | 51,554 | 51,554 | 10,236 | ||
| FUND BALANCES | |||||
| Unrestricted funds |
|||||
| General funds | 10 | 51,554 | 51,554 | 10,236 | |
| Restricted funds |
10 | ||||
| 51,554 | 51,554 | 10,236 |
| NOTES | TO THE ACCOUNTS | TO THE ACCOUNTS | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31 | NIARCH 2023 | ||||||||||
| 2 | Voluntary income |
Unrestricted | Restricted | Total | Total | ||||||
| Funds | Funds | 2023 | 2022 | ||||||||
| f | F | F | |||||||||
| General donations | 187,605 | 187,605 | 152,439 | ||||||||
| Tax recoverable | 33,589 | 33,589 | 31,945 | ||||||||
| Grants | 750 | 750 | 24,086 | ||||||||
| 221,944 | 221,944 | 208,470 | |||||||||
| None ofthe income | in | the | year was restricted. | ||||||||
| 3 | Charitable activities |
Unrestricted | Restricted | Total | Total | ||||||
| Funds | Funds | 2023 | 2022 | ||||||||
| a | Direct Charitable Costs | E | F | F | F | ||||||
| Staff costs | Note 4 | 83,564 | 83,564 | 163,136 | |||||||
| Outreach activity |
2,483 | 2,483 | 4,047 | ||||||||
| Conferences and |
training | 4,949 | 4,949 | 2,622 | |||||||
| Youth activity | 2,294 | 2,294 | 1,182 | ||||||||
| Sundry church activity |
3,149 | 3,149 | 2,619 | ||||||||
| Gifts payable | Note 3c | 22,980 | 22,980 | 18,225 | |||||||
| 119,419 | - | 119,419 | 191,832 | ||||||||
| b | Support &Administration | F | F | E | |||||||
| Property costs | 47,698 | 47,698 | 40,737 | ||||||||
| Equipment and IT |
2,380 | 2,380 | 1,248 | ||||||||
| Telephone | 1,848 | 1,848 | 2,370 | ||||||||
| Governance costs |
1,440 | 1,440 | 1,350 | ||||||||
| Other support costs | 8,579 | 8,579 | 10,707 | ||||||||
| 61,944 | 61,944 | 56,412 | |||||||||
| Combined charitable |
activity cost | 181,364 | - | 181,364 | 248,244 | ||||||
| c | Gifts | Institutions | Individuals | 2023 | 2022 | ||||||
| F | F | F | F | ||||||||
| Mission and | church | planting | 11,400 | 11,400 | 9,098 | ||||||
| Relief of poverty | 11,430 | 150 | 11,580 | 9,128 | |||||||
| Educational | grants | 0 | 0 | ||||||||
| 22,830 | 150 | 22,980 | 18,225 | ||||||||
| The charity's principal |
gifts to institutions | comprised: | |||||||||
| 2023 | 2022 | ||||||||||
| f | |||||||||||
| New Ground | Churches | 17,000 | 13,823 | ||||||||
| River of Life | Church | Zimbabwe | 5,500 | 4,073 | |||||||
| Grants to institutions | for less than F1,000each | 480 | 330 | ||||||||
| 22,980 | 18,225 |
| NOTES TO THE A FOR THE YEAR ENDED |
CCOUNTS 31 MARCH 2023 |
||||||
|---|---|---|---|---|---|---|---|
| f Costs | 2023 | 2022 | |||||
| F | |||||||
| Gross wages, salaries | & benefits | in kind | 73,869 | 139,416 | |||
| Employer's | national | insurance | costs | 1,952 | 9,946 | ||
| Pension costs | 7,743 | 13,775 | |||||
| Total staff | costs | 83,564 | 163,136 |
| 5 | Tangible Fixed | Assets | Assets | 2023 | 2022 |
|---|---|---|---|---|---|
| Leasehold | Leasehold | ||||
| Buildings | Buildings | ||||
| Cost | F | F | |||
| At 1 April | 51,416 | 51,416 | |||
| Additions | |||||
| At 31 March | 51,416 | 51,416 | |||
| Accumulated Depreciation |
|||||
| At 1 April | 51,416 | 51,416 | |||
| Charge for the year | |||||
| At 31 March | 51,416 | 51,416 | |||
| Net book value | |||||
| 2023 | 2022 | ||||
| 6 | Debtors and Prepayments | F | F | ||
| Tax recoverable | 2,357 | 2,721 | |||
| Prepayments | 3,349 | 4,199 | |||
| 5,706 | 6,920 | ||||
| 7 | Cash at Bank and in | Hand | |||
| Bank operating | accounts | 24,222 | 7,237 | ||
| Bank deposits | 25,058 | 25 | |||
| Petty cash | 65 | 24 | |||
| 49,345 | 7,285 | ||||
| 8 | Creditors: liabilities | falling due within one year | |||
| AccruaIs | 3,497 | 3,969 | |||
| 3,497 | 3,969 |
| assets and | liabilities represen |
ted by the various |
funds are as fol | lows: | |
|---|---|---|---|---|---|
| Fixed | Bank 8 cash | Other net | Total | ||
| assets | balances | assets | |||
| F | F | F | |||
| Restricted | funds | ||||
| Unrestricted | funds | 49,345 | 2,208 | 51,554 | |
| 49,345 | 2,208 | 51,554 |