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2022-12-31-accounts

Community of Christ – British Isles Mission Centre

Report and Financial Statements

Year ended 31[st] December 2022

Charity No: 1119770

Contents Page
Legal and Administrative Information 1
Report of the Trustees 2
Report of the Independent Examiner 6
Statement of Financial Activities
7
Balance Sheet 8
Notes forming part of the Financial Statements 9

Community of Christ – British Isles Mission Centre

Legal and Administrative Information

Charity Trustees

The Charity Trustees are the members of the Mission Centre Leadership Team. The following served as trustees for the whole of the year ended 31[st] December 2022:

Andrew Fox (Mission Centre President and Financial Officer) Rand Irons Susan Norton Gillian Vincent

Sally Leitch served as a trustee from the start of the year until 28[th] July 2022.

Andrew Fox, Gillian Vincent, Rebecca Tilbury and Andrew Fellows were trustees at the date of the signing of this report.

Principal Office

British Isles Mission Centre Office

Community of Christ, Thanet Street, Clay Cross, Chesterfield, S45 9JS

Bankers

Barclays Bank plc, Kingsway Branch, The Kingsway, Swansea. SA1 1AW

Solicitors

Morgan LaRoche, Bay House, Phoenix Way, Swansea, SA7 9YT

1

Community of Christ - British Isles Mission Centre

Report of the Mission Centre Trustees for the year ended 31[st] December 2022

The Trustees present their report together with the Financial Statements for the year ended 31[st] December 2022. The Financial Statements have been prepared in accordance with the accounting policies set out on page 8 and comply with the Church’s governing documents and applicable law.

Structure, Governance and Management

The charity, Community of Christ – British Isles Mission Centre (charity number 1119770), was registered with the Charity Commission on 21[st] June 2007. The governing document is the Mission Centre Constitution dated 22[nd] April 2007 which incorporates the World Church bylaws (“the Bylaws”). The trustees of the Mission Centre are the Mission Centre Leadership Team which consists of the Mission Centre President and Mission Centre Financial Officer who, in accordance with the Bylaws, are appointed by the World Church Leadership Council together with such other persons who are appointed by the Mission Centre President as provided for in the Bylaws. All members of the Mission Centre Leadership Team are sustained by the Mission Centre Conference.

Constitution and Objects

The objects of the Mission Centre are the advancement of the Christian religion for the benefit of the public in accordance with the doctrine and statements of belief of the Community of Christ.

Community of Christ is a Christian church whose purpose and mission is to proclaim Jesus Christ and promote communities of joy, hope, love, and peace. The Mission Initiatives of the church are to:

Invite People to Christ, Pursue Peace on Earth, Abolish Poverty, End Suffering, Develop Disciples to Serve and Experience Congregations in Mission.

In accordance with the Bylaws, the Mission Centre exists to support congregations, facilitate church expansion, and provide linkage between World Church ministries and congregations. Its key functions include but are not limited to: pastoral support of congregational leaders; leadership skill development; congregational consultant ministries; missionary ministries; church planting; congregational crisis support; financial resource development support; specialised ministries (e.g., children, youth, young adult); coordination of periodic celebration events (e.g., camps, conferences and retreats); technical assistance to congregations (e.g., legal, risk management, property management); human resources; and essential administrative functions (e.g., implementation of World Church policies, priesthood administration, pastoral supervision).

The Mission Centre provides for the networking and grouping of congregations to encourage mutual support, foster church identity, pursuit of common causes, and to provide fellowship, leadership development and celebration opportunities. It is responsible for coordinating the management, creation, maintenance, and disposition of campgrounds, administrative offices, and other ancillary entities that exist within the scope of its responsibility.

2

Achievements and Performance

The Mission Centre has continued to provide support to congregations, opportunities for expansion, and a link between World Church ministries and the congregations and online communities in the British Isles. The ‘Sharing in Community of Christ’ booklet, produced by World Church, which provides an overview of the identity, mission, message and beliefs of the Church is used as foundational information for mission alignment, worship, teaching and preaching ministries.

A programme of activities was provided by the Mission Centre during the year. This included a camping programme for children, youth and young adults, several retreats and a summer camp for all ages. Some planned events had to be cancelled because of low numbers planning to attend; possibly a carry-over from the COVID-19 pandemic.

Two Mission Centre conferences were held during the year allowing members of the church to have significant times of worship and fellowship as well as to conduct the business of the church.

The Mission Centre continued to provide support to congregations and members by arranging regular meetings of congregational pastors and priesthood members as well as providing a weekly online worship service.

The Mission Centre continued to be well served by the employed ministers of the church. Volunteers are invited, as part of their discipleship, to take on some of the Mission Centre leadership roles and the positive response of dedicated volunteers enables the Mission Centre to function in the way it does at present. We celebrate and give thanks for this vital volunteer ministry.

The Mission Centre has considered the Charity Commission’s guidance on public benefit and specifically the guidance on charities for the advancement of religion. The Mission Centre has sought to fulfil its responsibility to advance religion for the public benefit by:

Financial Structure

The Mission Centre is funded by contributions from individuals, congregations, and fundraising events, along with financial support from the World Church.

Members of the church in the British Isles also make direct contributions to the World Church general fund and special funds. The salary and ministerial expenses of the full-time minister employed by World Church and assigned to the British Isles, are paid from World Church funds. Postage, telephone, office supplies and other office expenses for this minister are paid from Mission Centre funds. Throughout 2022 the Mission Centre employed a Financial Assistant. The Congregation Support Minister, employed by the Mission Centre, resigned in May 2022 to take up other employment and was not replaced.

3

Financial Results

The General Fund surplus of £17,033 was largely due to employment of the Congregation Support Minister ceasing in May 2022.

The approved budget for the year ending 31[st] December 2023 anticipates a surplus of £7,000.

The value of the Stock Exchange Investment decreased by more than £94,000. However, since investment in the stock exchange was first made in 2016, the overall value of the investment has increased significantly and it is believed that investment of the charities funds in this way remains the best way to secure long-term growth.

Details related to the designated, restricted and endowment funds are set out in note 9 to the financial statements.

Serious Incidents

No serious incidents have been brought to the attention of the Charity Commission by the trustees over the previous financial year. The trustees have considered the list of serious incidents that should be reported to the Charity Commission and declare that there are no serious incidents or other matters relating to the charity over the previous financial year that they should have brought to the Commission’s attention but have not.

Key Risks

The reduction in financial support from World Church in recent years has created some financial constraints on the programme of the Mission Centre but an annual allocation from investments has enabled planned mission endeavours to be supported without any reduction in financial reserves occurring. Volunteers are now needed to take on some responsibilities previously held by employees when more church employees were assigned to the Mission Centre.

It is acknowledged that the significant rise in the cost of living could have financial implications related to income from donors and mission centre expenses but no significant reduction in giving has occurred to date.

Over recent years, the Mission Centre has made temporary loans to the Dunfield Charity to support the church’s residential centre, particularly during the COVID-19 pandemic. A slower than anticipated improvement in the residential centre’s financial situation after the end of the pandemic has resulted in the Mission Centre making further temporary loans to the Dunfield Charity. Before approving these loans, the Mission Centre Finance Committee, acting on behalf of the Mission Centre Trustees, considered future projections which indicate that it will be possible for all loans from the Mission Centre to be repaid even though this is likely to take longer than originally anticipated.

The Mission Centre has also made temporary loans to two of its congregations to enable them to complete necessary repairs and modifications to their buildings. One of these congregations has now repaid the loan in full and there is no reason to believe that the other congregation will not be able to repay the loan as agreed.

Future Activities

A full programme of activities is planned for 2023. As financial support from World Church is reduced, members of the Mission Centre are being invited to participate in conversations related to the mission and purpose of the Mission Centre and how mission centre funds might be used to support these.

4

Reserves Policy

The Mission Endowment fund, an expendable endowment fund, will secure a regular income and is available to support projects in fulfilling the objects of the Mission Centre. In the opinion of the trustees, the General fund reserves of £218,250 are adequate but not excessive. The £125,000 held in the Mission Fund has been earmarked to implement a Plan for Mission. We will continue to support the purposes of the various special funds and utilise reserves where necessary.

Volunteers

Community of Christ is primarily a volunteer organisation, with almost all priesthood and leadership roles being filled by self sustaining personnel. The church could not function without such dedicated service. The Mission Centre is blessed by the availability of so many persons who give of their time and skills to facilitate the achievement of the mission of the church and the functions of the Mission Centre. To all who serve in this way we offer our grateful thanks.

Approved by the Mission Centre Trustees on 1[st] October 2023 and signed on their behalf by: Andrew Fox (Mission Centre President)

5

Community of Christ - British Isles Mission Centre

Independent Examiner’s Report to the members of Community of Christ-British Isles Mission Centre

I report on the accounts of Community of Christ – British Isles Mission Centre for the year ended 31[st] December 2022 which are set out on pages 7 – 14.

Respective Responsibilities of Trustees and Examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner's Report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed Lynda Pearce Date 3[rd] August 2023

Lynda Pearce 17 Wisteria Way Nuneaton CV10 7SS

6

Community of Christ - British Isles Mission Centre

Statement of Financial Activities for the year ended 31st December 2022

Unrestricted Unrestricted Restricted Endowment Total Total
Notes General Designated 2022 2021
£ £ £ £ £ £
Income from:
Offerings, donations and legacies 3 18,466 0 106,144 0 124,610 94,071
Camps and activities charges 4 33,058 0 0 0 33,058 21,943
Congregation Closure 0 0 0 0 0 2,922
Sale of resources 4,563 0 0 0 4,563 854
Congregations 12,200 0 0 0 12,200 13,725
World Church 5 14,495 0 0 0 14,495 6,595
Investment Earnings 0 0 0 (92,468) (92,468) 68,337
Bank and loan interest 232 75 322 0 629 1,800
Rental Income 4,600 0 0 0 4,600 5,500
Other Income 50 0 0 0 50 32
Total income 87,664 75 106,466 (92,468) 101,737 215,779
Expenditure on:
Mission 5 3,092 340 505 0 3,937 4,041
General costs 6 22,622 0 0 0 22,622 22,418
Congregational Support Minister 10,517 0 0 0 10,517 32,501
Camps and activities 4 32,916 1,021 11,766 0 45,703 25,920
Cost of resources sold 1,757 0 0 0 1,757 1,077
Grants and donations 7 19,360 0 97,514 0 116,874 84,945
Total expenditure 90,264 1,361 109,785 0 201,410 170,902
Net income / (expenditure) (2,600) (1,286) (3,319) (92,468) (99,673) 44,876
Transfers 8 19,633 (317) 0 (19,316) 0 0
Net movement in funds 17,033 (1,603) (3,319) (111,784) (99,673) 44,876
Funds brought forward 201,218 33,497 154,483 575,369 964,567 919,691
Total funds carried forward 9 218,251 31,894 151,164 463,585 864,894 964,567

7

Community of Christ - British Isles Mission Centre

Balance Sheet as at 31st December 2022

Unrestricted Unrestricted Restricted Endowment Total Total
Notes General Designated 2022 2021
£ £ £ £ £ £
Fixed assets
Tangible fixed assets 14 1,702 0 0 0 1,702 8,627
Investment property 14 45,410 0 19,590 0 65,000 65,000
Stock exchange investment 14 0 0 11,326 463,585 474,911 567,379
Property related investment 0 10,000 10,000 10,000
Total fixed assets 47,112 0 40,916 463,585 551,613 651,006
Current assets
Stock 15 711 0 0 0 711 909
Debtors 16 154,681 0 0 0 154,681 48,378
Cash at bank and in hand 17 36,375 31,894 110,248 0 178,517 291,957
Total current assets 191,767 31,894 110,248 0 333,909 341,244
Less - Creditors falling due within one year 18 20,628 0 0 0 20,628 27,683
Net current assets 171,139 31,894 110,248 0 313,281 313,561
Net assets 218,251 31,894 151,164 463,585 864,894 964,567
Funds 9 218,251 31,894 151,164 463,585 864,894 964,567

Approved by the Mission Centre Trustees on 1st October 2023 and signed on their behalf by:

Andrew Fox (Mission Centre Financial Officer)

8

Community of Christ - British Isles Mission Centre

Notes forming part of the financial statements for the year ended 31st December 2022

1. Statement of compliance

The financial statements have been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republc of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102)) and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).

2. Principal accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented unless otherwise stated.

a. Basis of preparation

The financial statements are prepared on a going concern basis under the historical cost convention as modified by the recognition of certain financial assets and liabilities measured at fair value.

b. Public benefit

The charity meets the definition of a public benefit entity under FRS 102.

c. Revenue recognition

(i) Offerings and donations are recognised when received.

(ii) Legacies and grants are accounted for when the church is legally entitled to them and they are applied for the general use of the charity unless directed otherwise. No account is taken of future contributions under deeds of covenant or pledges.

(iii) Gift aid recoverable is accounted for in the period that they are claimable.

(iv) Bank interest is included when receivable. Where the church has not invested separately for each fund, interest is apportioned to individual funds on the basis of the average balance at the beginning of each quarter.

d. Expenditure

Expenditure is accounted for on an accruals basis. Irrecoverable VAT is charged against the category for which it was incurred.

e. Tangible assets

Tangible assets are stated either at cost less accumulated depreciation or at fair value. The charity assesses at each reporting date whether there is any indication that an asset might be impaired. Any impairment is recognised in the statement of financial activities.

(i) Furniture and equipment

Depreciation is charged over their useful economic life of between three and ten years on a straight line basis.

(ii) Motor Vehicles

Depreciation is charged over their useful economic life of 5 years on a straight line basis.

f. Investments

(i) Investment property Investment properties are initially recognised at cost and measured at fair value at the balance sheet date. Any gain or loss on revaluation is taken to the statement of financial activities.

(ii) Stock exchange investments Stock exchange investments are initially recognised at cost and measured at fair value at the balance sheet date. Any gain or loss on revaluation is taken to the statement of financial activities.

g. Unrestricted, designated and restricted funds

Unrestricted general funds can be used in accordance with the charitable objects at the discretion of the trustees.

Designated funds: are the sums set aside out of General funds for specific designated purposes. They can be transferred back to unrestricted funds at any time.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for specific restricted purposes.

h. Endowment funds

Endowment funds are held in an expendable endowment fund. Trustees have the power to accumulate income and capital of the fund and to spend both income and capital in the furtherance of the charitable objects.

9

Community of Christ - British Isles Mission Centre

Notes forming part of the financial statements for the year ended 31st December 2022 (continued)

3.
Offerings, donations and legacies
Offerings and Donations
Legacies
Donations for Other Charities
Dunfield House Subsidy
Gift Aid Tax Refunds
4.
Camps and activities
Tfr.
Explorers Camp
a)
Adventurers
a)
Living the Mission Prayer Weekend
Spring Retreat
Youth Rally
a)
Summer Camp
Primitive Camp
a)
SW Cluster Weekend
Sanctuary Retreat
a) Transfers to Youth Ministries Fund.
5.
Mission Expenses
Invite People to Christ
Experiments in Mission
Communications
Dunfield Outreach Event
Rise Magazine
Abolish Poverty and End Suffering
Mission of Compassion
Safeguarding
Pursue Peace on Earth
Mission of Justice and Peace
Develop Disciples to Serve
Equip Disciples for Mission
Children & Youth Ministries
Young Adult Ministries
Experience Congregations in Mission
Leading Congregations in Mission
Project Support Fund Grants		 Restricted
Endowment
Total
Total
General
Designated
2022
2021
£
£
£
£
£
£
16,597
0
2,126
0
18,723
15,742
0
0
0
0
0
0
0
0
99,638
0
99,638
74,945
0
0
3,880
0
3,880
885
1,869
0
500
0
2,369
2,499
Unrestricted
18,466
0
106,144
0
124,610
94,071
Income
Expenditure
Surplus /
Transfers
General
(Deficit)
Fund
£
£
£
£
£
0
360
(360)
(360)
0
0
720
(720)
(720)
0
2,048
2,048
0
0
3,185
3,161
24
24
2,032
2,092
(60)
(60)
0
20,996
20,257
739
739
2,741
2,168
573
573
0
1
0
1
1
2,055
2,110
(55)
(55)
33,058
32,916
142
(567)
709
629
0
0
0
629
42
1,684
0
0
0
1,684
1,732
0
0
1,056
0
0
0
0
0
167
0
0
0
0
0
0
537
0
0
0
537
129
70
0
0
0
70
40
65
0
0
0
65
283
107
0
0
0
107
56
0
0
0
0
0
0
0
0
0
0
0
0
0
340
505
0
845
536
3,092
340
505
0
3,937
4,041

10

Community of Christ - British Isles Mission Centre

Notes forming part of the financial statements for the year ended 31st December 2022 (continued)

6.
General expenses
Office supplies
Postage
Telephone
Office staff salaries & pensions
Office rent and utilities
Offering Envelopes
MC Officer Expenses
MC Conferences
Financial Officer Support
Insurance
Equipment maintenance
Equipment depreciation and loss on disposal
Guest ministry
Volunteer expenses
Bank Charges
Sundry expenses
Average number of full time equivalent
employees for the year
7.
Grants and donations
Dunfield Budget Support
Bridge of Hope
Donations paid to other charities
8.
Fund Transfers
Mission Endowment - Investment Earnings
Budgeted amount to MC Events Subsidy
Youth Camps and Activities Surpluses/Deficits		 Restricted
Endowment
Total
Total
General
Designated
2022
2021
£
£
£
£
£
£
303
0
0
0
303
822
396
0
0
0
396
770
1,048
0
0
0
1,048
1,246
14,427
0
0
0
14,427
14,055
2,400
0
0
0
2,400
2,400
0
0
0
0
0
0
0
0
0
0
0
0
554
0
0
0
554
312
35
0
0
0
35
190
1,524
0
0
0
1,524
1,372
0
0
0
0
0
36
916
0
0
0
916
728
677
0
0
0
677
0
0
0
0
0
0
29
304
0
0
0
304
365
38
0
0
0
38
93
Unrestricted		 Restricted
Endowment
Total
Total
General
Designated
2022
2021
£
£
£
£
£
£
303
0
0
0
303
822
396
0
0
0
396
770
1,048
0
0
0
1,048
1,246
14,427
0
0
0
14,427
14,055
2,400
0
0
0
2,400
2,400
0
0
0
0
0
0
0
0
0
0
0
0
554
0
0
0
554
312
35
0
0
0
35
190
1,524
0
0
0
1,524
1,372
0
0
0
0
0
36
916
0
0
0
916
728
677
0
0
0
677
0
0
0
0
0
0
29
304
0
0
0
304
365
38
0
0
0
38
93
Unrestricted
22,622
0
0
0
22,622
22,418
1
2
10,000
0
0
0
10,000
10,000
9,360
0
0
0
9,360
10,001
0
0
97,514
0
97,514
74,945		 1
2
19,360
0
97,514
0
116,874
94,946
19,316
0
0
(19,316)
0
0
(250)
250
0
0
0
0
567
(567)
0
0
0
0
19,633
(317)
0
(19,316)
0
0

11

Community of Christ - British Isles Mission Centre

Notes forming part of the financial statements for the year ended 31st December 2022 (continued)

9. Funds (D = Designated, R = Restricted) (D = Designated, R = Restricted)
NAME TYPE PURPOSE
Project Support D/R Support projects of ministry for the purpose of furthering the
mission of the Church in the British Isles.
Children's Holiday Camps R Provide holidays for children and families in need
Carrie Holmes Graceland College R Assist young persons from the British Isles to attend Graceland
University.
Youth Ministries D/R Support British Isles Church youth camping programmes and other
activities for youth from the British Isles, including their participation
in the World Church International Youth Forum and other
international events sponsored by the Church.
Mission Centre Events Subsidy D/R Provide assistance to persons attending the British Isles Mission
Centre Events.
Other Charities R For receipt of contributions to other charities and transfer of these
contributions to the charity.
Movements on Funds Balance at
Income		 Expenditure Transfers Balance at
1st January 31st December
£
£		 £ £ £
Designated Funds
Project Support (part) 14,246
32		 (340) 0 13,938
Youth Ministries (part) 15,788
35		 (394) (567) 14,862
MC Events Subsidy (part) 3,464
7		 (627) 250 3,094
33,498
74		 (1,361) (317) 31,894
Restricted Funds
Mission Fund 125,000
288		 (647) 0 124,641
Project Support (part) 1,820
3		 (505) 0 1,318
Children's Holiday Camps 15,528
6,102		 (9,701) 0 11,929
Carrie Holmes Graceland College 4,030
9		 0 0 4,039
Youth Ministries (part) 3,130
16		 (143) 0 3,003
MC Events Subsidy (part) 4,975
2,533		 (1,274) 0 6,234
Other charities 0
97,514		 (97,514) 0 0
154,483
106,465		 (109,784) 0 151,164

The balance on the restricted portion of the Youth Ministries Fund includes the sum of £892 (2021 £889) which was specifically restricted to be used in respect of costs relating to young people from the British Isles attending the International Youth Festival in the U.S.A.

2022 2021
10. Fees for financial statements examination
Fees paid to Independent Examiner None None
11. Trustees Expenses
Number of Trustees who were paid expenses 0 0
Total amount paid Nil Nil

Certain ministers employed by the World Church are assigned to work in the British Isles Mission Centre and serve as trustees. Their salaries, benefits and ministerial expenses are paid by the World Church. The British Isles Mission Centre makes a contribution towards these costs and also reimburses these ministers for office expenses. An insignificant portion of these expenses may relate to their role as trustees.

2022 2021
12. Related Party Transactions
Transactions during the year None None
13. Trustee Indemnity Insurance £ £
The Church has a Directors and Officers insurance
policy covering more than 200 ministers and leaders
in the British Isles. The trustees benefit from this
insurance in their roles as ministers and leaders
of the Church. The trustee benefit is insignificant.
Charge for the year 426 337

12

Community of Christ - British Isles Mission Centre

Notes forming part of the financial statements for the year ended 31st December 2022 (continued)

14. Fixed Assets

Tangible Fixed Assets

Cost
As at 1st January 2022
Additions
Disposals
As at 31st December 2022
Depreciation
As at 1st January 2022
Disposals
Charge for the year
As at 31st December 2022
Net Book Value
As at 31st December 2022
As at 1st January 2022
Investment Property
Freehold property in Gloucester		 Equipment
Car
Total
£
£
£
11,441
10,300
21,741
0
0
0
(270)
(10,300)
(10,570)		 Equipment
Car
Total
£
£
£
11,441
10,300
21,741
0
0
0
(270)
(10,300)
(10,570)
11,171
0
11,171
8,823
4,292
13,115
(270)
(10,300)
(10,570)
916
6,008
6,924
9,469 0
9,469
1,702 0
1,702
2,618 6,008
8,626
2022
2021
65,000
65,000

The investment property is included at market value based on a valuation by James Pullin (RICS Registered Valuer) on 9th October 2015. In the opinion of the trustees, the market value of the property at the balance sheet does not vary significantly from this valuation. The property lease is in place until April 2023 and the tenants have an option to purchase the property at the October 2015 market value during or at the end of the lease.

Stock Exchange Investments
Fair value at 1st January 2022
Add: Addition at cost
Less: Proceeds from disposals
Add: Year-end reevaluation
Fair value at 31st December 2022
15.
Stock
Stock of books and other resources for resale
have been valued at the lower of cost and net
realisable value
16.
Debtors
Trade debtors
Other debtors
Dunfield Charity loan
Denton roof loan
Leicester loan
Church Car loan
Gift Aid tax refunds
Prepayments and accrued income
17.
Cash at Bank and in Hand
Deposit Accounts
Current Accounts
Cash in Hand
18.
Creditors
Trade Creditors
Other Creditors
Accruals and Deferred Income		 2022
2021
567,379
399,042
0
100,000
0
0
-92,468
68,337
474,911
567,379
Restricted
Endowment
Total
Total
General
Designated
2022
2021
£
£
£
£
£
£
711
0
0
0
711
909
Unrestricted
0
0
0
0
0
0
170
0
0
0
170
0
92,000
0
0
0
92,000
20,000
6,780
0
0
0
6,780
12,298
32,000
0
0
0
32,000
0
7,935
0
0
0
7,935
0
14,123
0
0
0
14,123
11,264
1,673
0
0
0
1,673
4,816
154,681
0
0
0
154,681
48,378
0
31,894
98,319
0
130,213
206,802
36,336
0
11,929
0
48,265
85,136
39
0
0
0
39
19
36,375
31,894
110,248
0
178,517
291,957
0
0
0
0
0
0
0
0
0
0
0
11,800
20,628
0
0
0
20,628
15,883
20,628
0
0
0
20,628
27,683

13

Community of Christ - British Isles Mission Centre

Notes forming part of the financial statements for the year ended 31st December 2022 (continued)

19. Prior year comparative statement of financial activities

Statement of Financial Activities for the year ended 31st December 2021

Unrestricted Unrestricted Restricted Endowment Total
Notes General Designated 2021
£ £ £ £ £
Income from:
Offerings, donations and legacies 3 14,774 0 79,297 0 94,071
Camps and activities charges 21,943 0 0 0 21,943
Congregation Closure (122,078) 0 125,000 0 2,922
Sale of resources 854 0 0 0 854
Congregations 13,725 0 0 0 13,725
World Church 6,595 0 0 0 6,595
Investment Earnings 0 0 0 68,337 68,337
Bank and loan interest 1,430 263 107 0 1,800
Rental Income 5,500 0 0 0 5,500
Other Income 32 0 0 0 32
Total income (57,225) 263 204,404 68,337 215,779
Expenditure on:
Mission 5 3,505 520 16 0 4,041
General costs 6 22,418 0 0 0 22,418
Congregational Support Minister 32,501 0 0 0 32,501
Camps and activities 21,934 1,138 2,848 0 25,920
Cost of resources sold 1,077 0 0 0 1,077
Grants and donations 7 10,000 0 74,945 0 84,945
Total expenditure 91,435 1,658 77,809 0 170,902
Net income / (expenditure) (148,661) (1,395) 126,595 68,337 44,876
Transfers 8 24,560 (586) 0 (23,974) 0
Net movement in funds (124,101) (1,981) 126,595 44,363 44,876
Funds brought forward 325,319 35,478 27,888 531,006 919,691
Total funds carried forward 9 201,218 33,497 154,483 575,369 964,567

14