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|---|---|---|---|---|---|
|Report ofthe Trustees|||1|to|5|
|Report ofthe Independent
Auditors|||6|to|8|
|Statement ofFinancial|Activities|||||
|Balance Sheet||||10||
|Cash Flow Statement||||||
|Notes to the Cash Flow Statement||||12||
|Notes to the Financial|Statements||13|to|19|
|Detailed Statement of|Financial|Activities|20|to|21|
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||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Total|Total|
||||||||fund|funds|funds|funds|
|||||||Notes||P.|||
|INCOME|AND ENDOWMENTS||||FROM||||||
|Donations|and legacies||||||402,789||402,789|239,462|
|Charitable|activities||||||||||
|Promotion,|sale and distribution|||ofreligious|||||||
|literature|||||||131,921||131,921|127,438|
|Investment|income||||||4,535||4 535|79|
|Other income||||||||||5,538|
|Total|||||||539,245||539,245|372,517|
|EXPENDITURE ON|||||||||||
|Raising
funds|||||||7,773||7,773|6,923|
|Charitable|activities||||||||||
|Promotion,|sale and|distribution||of|religious||||||
|1iterature|||||||391,472||391,472|357,279|
|Total|||||||399,245||399,245|364,202|
|NET IN CORI
F.,|||||||140,000||140,000|8,315|
|RECONCILIATION|||OI' FUNDS||||||||
|Total funds brought||forward|||||313,213||313,213|304,898|
|TOTAI, FUNDS CARRIED||||FORWARD|||453,213||453,213|313,213|
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|||||
|FIXED ASSETS||||||||
|Tangible
assets|||12|8,689||8,689|8,580|
|CURRENT ASSETS||||||||
|Stocks|||13|77,104||77,104|72,842|
|Debtors|||14|6,428||6,428|8,710|
|Cash at bank and|in hand|||369,185||369,185|232,892|
|||||452,717||452,717|314,444|
|CREDITORS||||||||
|Amounts
falling|due within|one year|15|(8,193)||(8,193)|(9,811)|
|NET CURRENT ASSETS||||444,524||444,524|304,633|
|TOTAL ASSETSLESSCURRENT||||||||
|LIABILITIES||||453,213||453,213|313,213|
|NET ASSETS||||453,213||453,213|313,213|
|FUNDS|||16|||||
|Unrestricted
funds||||||453,213|313,213|
|TOTAL FUNDS||||||453,213|313,213|
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|||||Notes|||
|Cash flows from operating||activities|||||
|Cash generated
from operations|||||145,642|10,114|
|Interest paid|||||(7,845)|(6,493)|
|Net cash provided
by operating
activities|||||137,797|3,621|
|Cash flows from investing||activities|||||
|Purchase oftangible
fixed assets|||||(6,039)|(499)|
|Interest received|||||4,535|79|
|Net cash used in investing|activities||||(1,504)|(420)|
|Change
in cash and cash||equivalents|in||||
|the reporting
period|||||136,293|3,201|
|Cash and cash equivalents||at the|||||
|beginning
ofthe reporting||period|||232,892|229,691|
|Cash and cash equivalents||at the end|of||||
|the reporting
period|||||369,185|232,892|
##
|RECONCILIATION
OF NET INCOME TO NET CASH FLOW FROM|RECONCILIATION
OF NET INCOME TO NET CASH FLOW FROM|RECONCILIATION
OF NET INCOME TO NET CASH FLOW FROM|OPERATING ACTIVITIES|OPERATING ACTIVITIES|
|---|---|---|---|---|
||||2023|2022|
|Net income for the|reporting|period (as per the Statement of Financial|||
|Activities)|||140,000|8,315|
|Adjustments
for:|||||
|Depreciation
charges|||5,930|4,736|
|Interest received|||(4,535)|(79)|
|Interest paid|||7,845|6,493|
|Increase
in stocks|||(4,262)|(9,099)|
|Decrease/(increase)|in debtors||2,282|(3,154)|
|(Decrease)/increase|in creditors||(1,618)|2,902|
|Net cash provided|by operations||145,642|10,114|
|ANALYSIS OF CHANGES IN NET FUNDS|||||
|||At 1,7.22|Cash flow|At 30.6.23|
|Net cash|||||
|Cash at bank and in|hand|232,892|136,293|369,185|
|||232,892|136,293|369,185|
|Total||232,892|136,293|369,185|
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|DONATION|S
AND|LEGACIES|||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|Donations|||||246,806|239,462|
|Legacies|||||155,983||
||||||402,789|239,462|
|INVESTMENT INCOME|||||||
||||||2023|2022|
|Deposit account interest|||||4,535|79|
|INCOME FROM CHARITABLE ACTIVITIES|||||||
||||||2023|2022|
|||Activity|||||
|||Promotion,|sale and distribution|ofreligious|||
|Sales||1iterauu e|||124,014|125,214|
|||Promotion,|sale and distribution|ofreligious|||
|Conference|fees|literature|||7,907|2,224|
||||||131,921|127,438|
|OTHER INCOlVI E|||||||
||||||2023|2022|
|Government|furlough|grant||||5,538|
##
||Raising donations|and|legacies|||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||Van expenses|||||1,844|2, 187|
||Depreciation|||||5,929|4,736|
|||||||7,773|6,923|
|7.|CHARITABLE|ACTI|VITIF.S|COSTS||||
|||||||Support||
||||||Direct|costs (see||
||||||Costs|note 8)|Totals|
||Promotion,
sale and distribution|||of||||
||religious
literature||||389,272|2,200|391,472|
|8,|SUPPORT COSTS|||||||
||||||||Governance|
||||||||costs|
||Promotion,
sale and distribution|||ofreligious||||
||literature||||||2,200|
|9.|NET INCOME/(EXPENDITURE)|||||||
||Nct income/(expenditure)||is stated after charging/(crediting):|||||
|||||||2023|2022|
||Auditors'
remuneralion|||||2,200|2,200|
||Depreciation
—owned assets|||||5,930|4,736|
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|STAFF COSTS||||||
|---|---|---|---|---|---|
|||||2023|2022|
|Wages and salaries||||189,426|174,547|
|Social security costs||||11,485|9,810|
|Other pension costs||||9,471|8,786|
|||||210,382|193,143|
|The average
monthly|number ofemployees|during|the year was as follows:|||
|||||2023|2022|
|Charitable
Activities||||8|8|
##
|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||Fixtures||||
||and|Motor|Computer||
||fittings|vehicles|equipment|Totals|
|COST|||||
|At 1stJuly 2022|999|19,100|28,276|48,375|
|Additions|6,039|||6,039|
|At 30th Junc 2023|7,038|19,100|28,276|54,414|
|DEPRECIATION|||||
|At 1st July 2022|999|11,460|27,336|39,795|
|Charge for year|1,510|3,820|600|5,930|
|At 30th June 2023|2,509|15,280|27,936|45,725|
|NET BOOK VALUE|||||
|At 30th June 2023|4,529|3,820|340|8,689|
|At 30th June 2022||7,640|940|8,580|
##
|13.|STOCKS||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
||Stock||||||77,104|72,842|
|14.|DEBTORS:AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||||
||||||||2023|2022|
||Trade debtors||||||1,422|4,756|
||Gift aid to be reclaimed||||||3,407|1,437|
||CMI USA|||||||621|
||VAT||||||1,599|1,896|
||||||||6,428|8,710|
|15.|CREDITORS: AMOUNTS I ALLING DUE WITHIN ONE YEAR||||||||
||||||||2023|2022|
||Trade creditors||||||1,155|3,611|
||Social securitY|and other||taxes|||2,639|2,610|
||CMI Australia|||||||1,390|
||CMI USA||||||199||
||Accruals
and def'errerl||income||||4,200|2,200|
||||||||8, 193|9,811|
|16.|MOVEMFNT|IN FUNDS|||||||
||||||||Net||
||||||||movement|At|
||||||At|1.7.22|in funds|30.6.23|
||Unrestricted|funds|||||||
||General
fund||||313,213||140,000|453,213|
||TOTAL FUNDS||||313,213||140,000|453,213|
||Net movement|in f'unrls,||included|in thc above arc as follows:||||
||||||Incornmg||Resources|Movemcnt.|
||||||resources||expendecl|in funds|
|||||||F|||
||Unrestricted|funds|||||||
||Cienera1
lund||||539,245||(399,245)|140,000|
||TOTAI, FUNDS||||539,245||(399,245)|140,000|
##
|Compara|tives|for moveme|nt
in funds||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At 1.7.21|in funds|30.6.22|
|||||||E|
|Unrestricted||funds|||||
|General|fund|||304,898|8,315|313,213|
|TOTAL|FUNDS|||304,898|8,315|313,213|
|Comparative||net movement|in funds, included|in the above are as follows:|||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted||funds|||||
|General|fund|||372,517|(364,202)|8,315|
|aOrAL|FUNDS|||372,517|(364,202)|8,315|
|||||Net||
|---|---|---|---|---|---|
|||||movement|At.|
||||At 1.7.21|in funds|30.6.23|
|Unrestricted||funds||||
|General|fimd||304,898|148,315|453,213|
|TOTAL|FUNDS||304,898|148,315|453,213|
||Incoming|Resources|Movement|
|---|---|---|---|
||resou lees|expended|in funds|
|Unrestl icted funds||||
|General
filnd|911,7()2|(763,447)|148,315|
|TOTAI, FUNDS|911,762|(763,447)|148,315|
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|INCOME AND|ENDOWMENTS||||||
|Donations
and legacies|||||||
|Donations|||||246,806|239,462|
|Legacies|||||155,983||
||||||402,789|239,462|
|Investment
income|||||||
|Deposit account|interest||||4,535|79|
|Charitable
activities|||||||
|Sales|||||124,014|125,214|
|Conference
fees|||||7,907|2,224|
||||||131,921|127,438|
|Other income|||||||
|Government
furlough|||grant|||5,538|
|Total incoming|resources||||539,245|372,517|
|EXPENDITURE|||||||
|Raising donations||and legacies|||||
|Van expenses|||||1,844|2,187|
|Depreciation of|fixtures & fittings||||1,510||
|Depreciation of
Depreciation of|motor vehicles
computer
equipment||||3,820
599|3,820
916|
||||||7,773|6,923|
|Charitable
activities|||||||
|Wages
Social security|||||189,426
11,485|174,547
9,810|
|Pensions|||||9,471|8,786|
|Office rent|||||10,695|10,028|
|Insurance|||||2,683|2,495|
|Light and heat|||||4,000|3,589|
|Telephone|||||940|1,131|
|Postage and stationery|||||21,007|23,030|
|Honoraria|||||1,810|3,027|
|Travel &Subsistence|||||7,624|9,250|
|Outreach|||||3,050|2,135|
|Newsletters|||||33,819|30,387|
|Purchases|||||149,881|140,778|
|Carried
I'orward|||||445,891|418,993|
|||2023|2022|
|---|---|---|---|
||||f.|
|Charitable
activities||||
|Brought
forvvard||445,891|418,993|
|Closing Stock
Conference costs||(77,104)
12,640|(72,842)
2,435|
|Bank charges||7,845|6,493|
|||389,272|355,079|
|Support costs||||
|Governance|costs|||
|Auditors'
remuneration||2,200|2,200|
|Total resources|expended|399,245|364,202|
|Net income||140,000|8,315|