2023-03-31-accounts

				Page
Trustees'report				1-4
Statement of	trustees'		responsibilites
independent	examiner's		report
Statement of	financial	activities
Balance sheet				8-9
Notes to the accounts				10-20

				Unrestricted	Restricted	Total	Total
				funds	funds	2023	2022
			Notes	E	E	f	E
INCOME
Donations and legacies			3	255,677	110,281	365,958	317,436
Other Income			3	88,585	3,990	92,575	10,593
Investments				1,900		1,900	78
Total income				346,162	114,271	460,433	328,107
EXPENDITURE
Charitable activities			4	323,833	76,952	400,785	380,870
NET INCOME/(EXPENDITURE)		BEFORE TRANSFERS		22,329	37,319	59,648	(52,763)
Transfers between	funds			127,591	(127,591)
NET MOVEMENT IN FUNDS				149,920	(90,272)	59,648	(52,763)
FUND BALANCES AT 1APRIL		2022		509,166	265,692	774,858	827,621
FUND BALANCES AT31MARCH 2023			12-13	659,086	175,420	834,506	774,858

				2023		2022
		Notes	E	E		E
FIXEDASSETS
Tangible assets				809,318		615,441
CURRENT ASSETS
Stock		7			528
Debtors		8	16,199		17,154
Cash at bank and in	hand		358,892		509,995
			375,091		527,677
CREDITORS: amounts	falling
due within one year:		9	(24,719)		(36,206)
NET CURRENT ASSETS				350,372		491,471
TOTAL ASSETS LESSCURRENT LIABILITIES				1,159,690		1,106,912
CREDITORS: amount falling due
in more than one year		10		(325,184)		(332,054)
				834,506		774,858
FUNDS		12-13
Restricted				175,420		265,692
Unrestricted:
Designated			489,423		290,766
Other unrestricted			169,663		218,400
				659.086		509,166
TOTAL FUNDS

	NOTES TO THE	ACCOUNT	S FOR THE YEA	R ENDED 31MARCH	2023 (con	tinued	)
3	INCOME						Total	Total
							2023	2022
	DONATIONS AND	LEGACIES					E	E
	Donations and gifts						365,958	317,436
	OTHER INCOME
	Eventincome						7066	955
	Wider ministry income						667	450
	Otherincome						9,842	4,188
	Value of property	gifted					75,000
	Commission Grant							5,000
							92,575	10,593
	TOTAL INCOME						458,533	328,029
4	EXPENDITURE						Total	Total
							2023	2022
	CHARITABLE ACTIVITIES						E	E
	Staff costs					5	221,204	196,455
	Depreciation and impairment						11,316	11,642
	Office costs						49,759	63,283
	Publicity						1,145	1,829
	Children's and youth work						3,156	4,214
	Fellowship fund						32,250	24,262
	Hospitality and integration						707	2,234
	New Frontiers and	other gifts					19,589	18,770
	Travel						1,143	1,425
	Equipment						11,645	18,462
	Guestspeakers						325	250
	Bookstall costs						57	619
	Venue hire						21,151	17,835
	Courses and conferences						6,333	9,783
	Mortgage interest						17,908	6,879
	Accountancy						3,097	2,928
							400,785	380,870
	Included within accountancy		above are amounts	due to the independent	examiners	in relation to the examination of
	E1,740(2022:E1,560).
	Analysis by fund
	Unrestricted fund						323,833	316,881
	Restricted funds						76,952	63,989
							400.785	380,870

5 EMPLOYEES
Number ofemployees
The average number ofemployees	during the year was 8(2022. ' 8)
Employment costs			2023		2022
			E		E
Wages and salaries			196,852		176,023
Social security costs			14,687		12505
Other pension costs			9,665		7,927
					6.n
6 TANGIBLE ASSETS		Freehold	Fixtures Br	Computers
		Property	Fittings		Total
		E	E	E	E
COST
At beginning ofyear		624,000	15,543	4,495	644,038
Additions		205,192			205,192
At end ofyear		829,192	15,543	4,495	849,230
DEPRECIATION
At beginning ofyear		10,400	14,155	4,042	28,597
Charge for year		10,400	462	453	11,315
At end ofyear		20,800	14,617	4,495	39,912
NET BOOK VALUE
At beginning ofyear		613,600	1,388	453	615,441
At end ofyear		808,392	926		809,318

7	STOCKS
							2023	2022
	Finished goods and			goods for resale				528
8	DEBTORS: amounts		falling due withm one year				2023	2D22
							f	f
	Trade debtors						1,000
	Gift aid tax recoverable						4,1D3	5,222
	Prepayments	and accrued income					10,071	5,821
	Other debtors						1,025	6,111
								17,154
9	CREDITORS: amounts			falling due within one year
							2023	2022
							E	f
	Bankloans						8,696	11,876
	Other taxation	and social			security		4,986	4,919
	Other creditors						7,870	11,647
	Accruals and deferred			income			3,167	7,764
							24,719	36,206
10	CREDITORS: amounts			falling due after one year
							2023	2022
							f	E
	Bankloans						325,184
11	LOANS AND OVERDRAFTS
							2023	2022
							f	f
	Bankloans							343,930
	Payable within	one year					8,696	11,876
	Payable 2-5 years						41,859	52,510
							50,555	64,386
	Payable by instalments			after 5years				279,544
	The bank loan	issecured			by fixed charges over the freehold	property.

					Movement In funds	Movement In funds	Movement In funds
				Balance at			Transfers	Balance at
				1Apru			between	31March
				2022	Income	Expenditure	funds	2023
				6	E	6		6
The Nepal		Fund		3,611	3,120	(1,328)		5,403
West End		Building	Fund	83,077				83,077
Building	Fund			159,486	86,791	(49,422)	(130,192)	66,663
Life Support				11,146	15,186	(12,074)	2,601	16,859
Youth				2,288	5,774	(6,403)		1,659
4th Site				6,084	500	(5,404)		1,180
Breakfast		club and	those in need		2,400	(1,821)		579
Portugal					500	(500)
				265,692	114,271	(76,952)	(127,591)	175,420

						Movement In funds	Movement In funds	Movement In funds
					Balance at			Transfers	Balance at
					1April			between	51March
					2022	Income	Expenditure	funds		2023
					E	6	6	6		6
Designated	funds
Property Fund					269,670		(10,400)	140,242	399,512
Beacon Road Property						75,000				75,000
Hame for	Good Fund				793		(544)	-		249
West End	Fund				15,664		(1,002)	-		14,662
Mission Fund					4,639	1,960	(6,599)
Total designated		funds			290,766	76,960	(18,545)	140,242	489,423
General funds					218,400	269,202	(305,288)	(12,651)	169,663
Total unrestricted		funds			509,166	346,162	(323d83)	127,591	659,086
Property	Fund	- This fund represents		the net book value ofthe Boathouse praperty (based				on histaric	cast)
including	the land and		improvements,	less the outstanding loans.
Beacon	Road Property		Fund - This represents		the fair value ofthe	property	transferred to	the church during		the
year.

Fund ba	lances as at 31March 2023 are represented	by:
		Unrestricted	Restricted	Total
		funds	funds	2023
		f.	E	E
Tangible	assets	809,318		809,318
Current	assets/(liabilities)	174,952	175,420	350,372
Long term liabilities		(325,184)		(325,184)
		659,086	175,420	834,506

Fund balances as at31March 2022 are represented	by:
	Unrestricted	Restricted	Total
	funds	funds	2022
			E
Tangible assets	615,441		615,441
Current assets/(liabilities)	225,779	265,692	491,471
Long term liabilities	(332,054)		(332,054)
	509,166	265,692	774,858

		Unrestdcted	Restricted	Total
		funds	funds	2022
			E	E
INCOME
Donations and legacies		256,346	71,683	328,029
Investments		78		78
Total income		256,424	71,683	328,107
EXPENDITURE
Charitable activities		316,881	63,989	380,870
NET INCOME BEFORE REVALUATION		(60,457)	7,694	(52,763)
Other recognised	gains or losses
Revaluation oftangible fixed assets
NET INCOME BEFORETRANSFERS		(60,457)	7,694	(52,765)
Transfers between	funds	274,000	(274,000)
NET MOVEMENT	IN FUNDS	213,543	(266,306)	(52,763)
FUND BALANCES AT 1APRIL 2021		295,623	531,998	827,621
FUND BALANCES	AT31MARCH 2022	509,166	265,692	774,858

Restricted funds
				Movement in funds
			Balance at			Transfers	Balance at
			1April			between	31March
			2021	Income	Expenditure	funds	2022
			E	E	E	E	E
The Nepal Fund			3,836	3,120	(3,345)		3,611
West End Building		Fund	83,077				83,077
Building Fund			423,862	52,419	(42,795)	(274,000)	159,486
Life Support			11,017	11,144	(11,015)		11,146
Youth			5,206		(2,918)		2,288
4th Site			5,000	5,000	(3,916)		6,084
			531,998	71,683	(63,989)	(274,000)	265,692
Unrestricted funds
				Movement in funds
			Balance at			Transfers	Balance at
			1April			between	31March
			2021	Income	Expenditure	funds	2022
			E	6	E	E	E
Designated funds
Propertv Fund			103,021			166,649	269,670
Revaluation Reserve			42,913			(42,913)
Building Fund			5,012		(5,012)
Home for Good Fund			923		(130)		793
West End Fund			58,087		(1,260)	(41,163)	15,664
Mission Fund			1,534	6,510	(3,405)		4,639
Total designated	funds		211,490	6,510	(9,807)	82,573	290,766
General funds			84,133	249,914	(307,074)	191,427	218,400
Total unrestricted		funds	295,623	256,424	(316,881)	274,000	509,166