|Report ofthe Trustees|||||
|---|---|---|---|---|
|Independent<br>Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet||4|to|5|
|Notes to the Financial Statements||6|to|11|
|Detailed Statement ofFinancial Activities|||12||





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## 

|||||31.12.22|31.12.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|||||
|INCOME AND ENDOWMENTS FROM||||||
|Donations<br>and legacies||31,993||31,993|35,834|
|EXPENDITURE ON||||||
|Raising funds||3,680||3,680|6,277|
|Charitable<br>activities||||||
|Ministry<br>and church costs||||||
|||12,680|27,324|40,004|43,421|
|Total||16,360|27,324|43,684|49,698|
|NET INCOME/(EXPENDITURE)<br>Transfers between funds|12|15,633<br>(13,200)|(27,324)<br>13,200|(11,691)|(13,864)|
|Net movement<br>in funds||2,433|(14,124)|(11,691)|(13,864)|
|RECONCILIATION<br>OF FUNDS||||||
|Total funds brought<br>forward||18,010|194,967|212,977|226,841|
|TOTAL FUNDS CARRIED FORWARD||20,443|180,843|201,286|212,977|








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|Freehold|property|4%on cost|
|---|---|---|
|Fixtures|and fittings|25% on reducing balance|
|Computer|equipment|25% on reducing balance|



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|The average monthly<br>number ofem|ployees<br>during the year was as|follows:|||
|---|---|---|---|---|
||||31.12.22|31.12.21|
|Ministerial<br>staff (wages/fees)|||1|1|
|No employees<br>received emoluments|in excess off60,000.||||
|COMPARATIVES FORTHE STATEMENT OFFINANCIAL||ACTIVITIES|||
|||Unrestricted|Restricted|Total|
|||fundf|funds|funds<br>f,|
|INCOME AND ENDOWMENTS|FROM||||
|Donations<br>and legacies||35,803|31|35,834|
|EXPENDITURE ON|||||
|Raising funds||6,277||6,277|
|Charitable<br>activities|||||
|Ministry and church costs|||||
|||15,057|28,364|43,421|
|Total||21,334|28,364|49,698|
|NET INCOME/(EXPENDITURE)||14,469|(28,333)|(13,864)|
|Transfers between funds||(11,850)|11,850||
|Net movement<br>in funds||2,619|(16,483)|(13,864)|
|RECONCILIATION<br>OFFUNDS|||||
|Total funds brought<br>forward||15,391|211,450|226,841|
|TOTAL FUNDS CARRIED FORWARD||18,010|194,967|212,977|





## 

## 

|TANGIBLE|FIXEDAS|SETS||||||
|---|---|---|---|---|---|---|---|
|||||Improvements|Fixtures|||
||||Freehold|to|and|Computer||
||||property<br>f|property|fittings|equipment|Totals<br>f|
|COST||||||||
|At I January|2022 and|||||||
|31December|2022||343,874|184,294|18,934|3,719|550,821|
|DEPRECIATION||||||||
|At I January|2022||165,732|33,609|9,234|3,429|212,004|
|Charge for year|||13,755|7,372|593|72|21,792|
|At 31December 2022|||179,487|40,981|9,827|3,501|233,796|
|NET BOOK|VALUE|||||||
|At 31December 2022|||164,387|143,313|9,107|218|317,025|
|At 31December 2021|||178,142|150,685|9,700|290|338,817|
|DEBTORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR||||||
|||||||31.12.22|31.12.21|
|||||||f,|f|
|Other debtors||||||1,700|1,700|
|Prepayments|and accrued|income||||20,445|17,560|
|||||||22,145|19,260|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||||||
|||||||31.12.22|31.12.21|
|||||||f.||
|Bank loans and overdratts||(seenote|10)|||8,557|8,228|
|Social security and other||taxes||||2,568|2,568|
|Accrued expenses||||||2,620|1,861|
|||||||13,745|12,657|





|Notes <br>f|to the Financial Statements - continued<br>Year Ended 31D<br>m|to the Financial Statements - continued<br>Year Ended 31D<br>m|to the Financial Statements - continued<br>Year Ended 31D<br>m|||
|---|---|---|---|---|---|
|9.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE|||YEAR||
|||||31.12.22|31.12.21|
|||||f.||
||Bank loans (see note 10)|||132,191|140,747|
|10.|LOANS|||||
||An analysis ofthe maturity ofloans is given below:|||||
|||||31.12.22|31.12.21|
||Amounts<br>falling due within one year on demand:|||||
||Bank loans|||8,557|8,228|
||Amounts<br>falling between one and two years:|||||
||Bank loans - 1-2years|||8,899|8,557|
||Amounts<br>falling due between two and five years:|||||
||Bank loans - 2-5 years|||28,892|27,780|
||Amounts<br>falling due in more than five years:|||||
||Repayable<br>by instalments:|||||
||Bank loans more 5 yr by instal|||94,400|104,410|
|11.|SECURED DEBTS|||||
||The following<br>secured debts are included<br>within creditors:|||||
|||||31.12.22|31.12.21|
||||||I|
||Bank loans|||140,748|148,975|
||The bank loan is secured by a legal charge on the fieeho(d property,||in favour ofBarclays Bank pic.|||
|12.|MOVEMENT IN FUNDS|||||
||||Net|Transfers||
||||movement|between|At|
|||At 1.1.22|in funds|funds|31.12.22|
|||8||||
||Unrestricted<br>funds|||||
||General fund|18,010|15,633|(13,200)|20,443|
||Restricted funds|||||
||Building Fund|||||
|||192,406|(27,324)|14,200|179,282|
||Welfare Fund|||||
|||2,311||(1,000)|1,311|
||Klar Prospects Project|250|||250|
|||194,967|(27,324)|13,200|180,843|
||TOTAL FUNDS|212,977|(11,691)||201,286|






## 

|||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|---|
|||||||resources|expended|in funds|
|Unrestricted||funds|||||||
|General fund||||||31,993|(16,360)|15,633|
|Restricted funds|||||||||
|Building Fund|||||||||
||||||||(27,324)|(27,324)|
|TOTAL FUNDS||||||31,993|(43,684)|(11,691)|
|Comparatives||for movement||in funds|||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.1.21|in funds|funds|31.12.21|
||||||f|f,|||
|Unrestricted||funds|||||||
|General fund|||||15,391|14,469|(11,850)|18,010|
|Restricted funds|||||||||
|Building Fund|||||||||
||||||208,139|(28,333)|12,600|192,406|
|Welfare Fund|||||||||
||||||3,061||(750)|2,311|
|Klar Prospects||Project|||250|||250|
||||||211450|(28333)|11,850|194,967|
|TOTAL FUNDS|||||226,841|(13,864)||212,977|
|Comparative|net movement||in|funds, included|in the above are as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
|Unrestricted||funds|||||||
|General fund||||||35,803|(21,334)|14,469|
|Restricted funds|||||||||
|Building Fund|||||||||
|||||||31|(28,364)|(28,333)|
|TOTALFUNDS||||||35,834|(49,698)|(13,864)|





## 

||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.1.21|in funds|funds|31.12.22|
|||f.||||
|Unrestricted|funds|||||
|General fund||15,391|30,102|(25,050)|20,443|
|Restricted funds||||||
|Building Fund||||||
|||208,139|(55,657)|26,800|179,282|
|Welfare Fund||||||
|||3,061||(1,750)|1,311|
|Klar Prospects|Project|250|||250|
|||211,450|(55,657)|25,050|180,843|
|TOTAL FUNDS||226,841|(25,555)||201,286|



|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||67,796|(37,694)|30,102|
|Restricted funds|||||
|Building Fund|||||
|||31|(55,688)|(55,657)|
|TOTAL FUNDS||67,827|(93,382)|(25,555)|



## 



## 

|Detailed Statement <br>f rth<br>earEn|ofFinancial Activities<br>31De<br>m er2022|||
|---|---|---|---|
|||31.12.22|31.12.21|
|INCOME AND ENDOWMENTS||||
|Donations<br>and legacies||||
|Tithes||17,788|15,387|
|Offering||10,320|15,852|
|Thanksgiving||1,000|1,310|
|Donations||2,885|3,285|
|||31,993|35,834|
|Total incoming resources||31,993|35,834|
|EXPENDITURE||||
|Raising donations|and legacies|||
|Wages and fees||2,750|4,763|
|Social security|||73|
|Ministry expenses||930|1,441|
|||3,680|6,277|
|Charitable<br>activities||||
|Wages||2,750|4,763|
|Social security|||73|
|Building/combined|Insurance|3,369|3,032|
|Central office costs||2,355|2,364|
|Telephone||1,182|1,098|
|Subscriptions||595|590|
|Other insurances||216|216|
|Bank charges||97|92|
|Repairs and maintenance<br>Depreciation oftangible fixed assets<br>Loss on sale oftangible fixed assets||1,007<br>21,792|1,414<br>21,871<br>419|
|Bank loan interest||5,681|6,529|
|||39,044|42,461|
|Support costs||||
|Governance<br>costs||||
|Accountancy<br>and legal fees||960|960|
|Total resources expended||43,684|49,698|
|Net expenditure||(11,691)|(13,864)|