**REGISTERED COMPANY NUMBER: 06088250 (England and Wales) REGISTERED CHARITY NUMBER: 1120306** 

## **Report of the Trustees and** 

**Unaudited Financial Statements for the Year Ended 31 December 2022** 

**for** 

**Proclaimers** 

CUNNINGHAMS Number Sixty One Alexandra Road Lowestoft Suffolk NR32 1PL 



**Proclaimers** 

## **Contents of the Financial Statements for the Year Ended 31 December 2022** 

|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|5|
|**Independent Examiner's Report**||6||
|**Statement of Financial Activities**||7||
|**Balance Sheet**|8|to|9|
|**Cash Flow Statement**||10||
|**Notes to the Financial Statements**|11|to|20|
|**Detailed Statement of Financial Activities**|21|to|22|





**Proclaimers** 

## **Report of the Trustees for the Year Ended 31 December 2022** 

The Trustees present their annual report together with the financial statements of Proclaimers for the year 1 January 2022 to 31 December 2022. The Trustees confirm that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) as amended by Update Bulletin 1 (effective 1 January 2015). 

Since the company qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not required. 

The company also trades under the name 'The Space'. 

## **Introduction** 

Proclaimers is a modern church that loves God and loves people. We are dedicated to helping people connect with God and connect with their destiny. We believe Church should be welcoming, accessible and relevant. We are one church in 2 locations, with campuses in Norwich and Ipswich. Proclaimers is an AOG church. 

Proclaimers also operates The Space which is a social enterprise facility that provides space to businesses, community groups and organisations for training, conferences, seminars, workshops, presentations, launches, exhibitions and more. Our clients include local councils, local businesses from SMEs to large national and multinational corporations, local and national charities and third sector organisations etc. in and around Norwich. 

## **OBJECTIVES AND ACTIVITIES** 

## **Policies and objectives** 

The vision and objective of Proclaimers is The Salvation of our City. This vision shapes everything we do - every programme we run, every service we hold - it is all about seeing the people of Norwich and Ipswich connect with Jesus. 

Our mission is: Reach people. Influence culture. Build future. Our mission is to reach people for Christ and influence culture by building a large church in Norwich and Ipswich; to disciple and empower people in every area of life and shape the future of our city and beyond. 

In accordance with our objectives we have a healthy organisation that is expanding in reach and effectiveness. Our principal funding source is the tithes and offerings of the church. Our people are generous givers. With the addition of funds from our conference centre, The Space, we are able to have extra income made available to fulfil our objectives. 

Page 1 



**Proclaimers** 

## **Report of the Trustees for the Year Ended 31 December 2022** 

## **OBJECTIVES AND ACTIVITIES Significant activities Impacting our world - Public Benefit through charitable activities** 

When planning our activities for the year, the Directors considered the Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. 

The Directors confirm that, in exercising their powers and duties, they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission. 

The charity's work continues to focus on programmes and services which promote the Church's vision, objectives and mission. 

Following the challenging years in 2020 and 2021 due to the pandemic, 2022 was the first year where we were able to resume many of our onsite Sunday services and programmes. A number of new people have joined our Sunday congregation but we have also lost quite a few people in 2022. Although this fluctuation has impacted our tithes and offerings for 2022, we are pleased at the growth we have seen this year. 

Alongside our weekly Sunday services, we also had a number of social initiatives and programmes. These were: 

Parents and Babies (Ages 0-1); Proclaimers Kids (Ages 1-10); Fearless (Ages 11-17); One (Ages 18-25); Proclaimers Families; Prime (Ages 26+); Inspire (Ages 40+); Love Norwich; Connect Groups and a variety of volunteer Teams. 

Many of these programmes have been revamped to cater for the new world we have found ourselves in following the pandemic. All our programmes now take place onsite where people can meet in person. We do also continue to offer many hybrid programmes, including livestreaming our Sunday morning service, for those who prefer to join us online. 

One very successful programme we ran this year was GloFest which was an alternative Halloween party for primary school aged children and their parents. We had over 50 people attend the party and we are planning on rolling this out to the community in 2023. 

This year we were once again, able to run our annual Christmas Hamper campaign. We collected items and donations to create luxury hampers which contained a Christmas meal for 4 with all the trimmings. We also supplied a voucher for the fresh food. 

We were able to distribute 436 hampers, across Norwich and Ipswich, to those in need via our partnership with other local agencies. We value the relationships we have been able to build with these partner organisations as it helps us to ensure the hampers are given to those most in need. These agencies work with families with complex needs, young carers, domestic violence survivors and perpetrators, to name just a portion of the work they do. 

Our pastoral care team has continued to help those who are sick and in need of personal care as well as providing support and counselling to those who suffered losses due to the death of family members and loved ones. We offered signposting to professional services where needed. This year we have run a few successful pre-marriage courses for young couples and it was great to do this in person again. We also assisted new mums by providing practical support such as dropping meals off to them and giving parenting advice in the first few weeks of parenthood. 

The Space has seen an increase in bookings in 2022 although things are not back to where they were. Our clients have been pleased to return and we've also seen an increase in new clients. The cost-of-living crises has been a challenge and we had to restructure our prices to compensate for this. Although the year has been positive, it has also been a challenge. 

## **Impact beyond our world - Public benefit** 

We have been regularly supporting missionary endeavours overseas. This year we have supported the following projects and ministries: 

Compassion, a child-sponsorship programme. Through our on-going support we have been able to sponsor 100 children, predominantly in the nation of Togo, West Africa. 

Page 2 



**Proclaimers** 

## **Report of the Trustees** 

## **for the Year Ended 31 December 2022** 

## **OBJECTIVES AND ACTIVITIES** 

The A21 Campaign, who work in helping to rescue and rehabilitate people caught in human trafficking. This year, we were the host organisation for The A21 Campaign 'Walk for Freedom' in both Norwich and Ipswich. 

Scott Wilson in Denmark, coaching and mentoring leaders for greater impact throughout Europe and in the UK. Scott's work has proven to be invaluable to church leaders. 

Mal Fletcher's work with 2030Plus Future Forum and his work in leadership development throughout Europe. Mal is a consultant to not only church organisations but a public presenter to the BBC & other national news organisations. We feel our work with Mal both here in the UK and throughout Europe is having a big impact on developing the capacity of leaders. He is also the Chairman of a think tank on social change and innovation called 2030Plus Future Forum. 

## **FINANCIAL REVIEW** 

## **Reserves policy** 

The total reserves as at 31 December 2022 were £93,572 (2021: £116,852), all of which were unrestricted (2021: £95,938). The need for day-to-day working capital is being met by careful cash flow management. The director's target is to increase the level of free reserves through careful management of future gifts and donations. The directors consider that free reserves equating to approximately three months expenditure would provide an adequate buffer for the future but consider that the charity's mission will always take precedence over the accumulation of reserves. 

## **Going concern** 

After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. 

## **Charity constitution** 

The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 7th February 2007. 

The company is constituted under a Memorandum of Association dated 7th February 2007 and is a registered charity number 1120306. 

The principal object of the company is to provide the advancement of the Christian Religion by the proclamation and furtherance of the gospel of God concerning His Son Jesus Christ the Lord and the preaching and teaching of the Word of God. 

## **Recruitment and appointment of new trustees** 

The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association. 

Page 3 



**Proclaimers** 

## **Report of the Trustees for the Year Ended 31 December 2022** 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Organisational structure** 

The organisation is a charitable company limited by guarantee, incorporated on 7th February 2007 and registered as a charity on 27th July 2007. The company was established under a Memorandum of Association which set out the objects and powers of the charitable company and is governed under its Articles of Association. 

We currently have 7 directors. 

The directors of the company are also charity trustees for the purposes of charity law. 

The company has delegated day to day running to the Managing Director, Bobby Thomas Rawls. 

The Managing Director works with the other Directors and employees of the company on a day-to-day level. In turn the directors meet every quarter with policy updates, full reports and any new business deemed important for the Directors to consider. We are all working well with no tension or problems. 

Directors are recruited by the Managing Director and the Members of the company - they are appointed by the vote of the other Directors. New Directors are inducted at a Directors meeting after training by others who are qualified. 

Risk Management has been reviewed and policies and procedures are in place. Financial risks are monitored regularly. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions. 

Procedures are in place to ensure compliance with health and safety of staff, volunteers and visitors to our premises. We have policies in place for Safeguarding, Vulnerable Adults and Data Protection, and training of volunteers and staff to ensure these are followed is undertaken on a regular basis. 

The leadership structure is flowing smoothly with Bobby Thomas Rawls as Lead Pastor of the church and Managing Director of the company. We have 7 paid staff working for the Church and The Space in both a full time and part time capacity. 

Beside this administrative structure mentioned above we have regular volunteer ministry team meetings with other members of the leadership team, who have specific responsibilities for heading up and running various ministries within the Church. 

All Directors are regularly kept up to date on changing laws, policies and procedures of the Charity Commission. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 

06088250 (England and Wales) 

## **Registered Charity number** 

1120306 

## **Registered office** 

The Space Roundtree Way Norwich Norfolk NR7 8SQ 

Page 4 



**Proclaimers** 

## **Report of the Trustees** 

## **for the Year Ended 31 December 2022** 

## **Trustees** 

Miss A S Herbert Mr M A Hodder Mr B T Rawls Dr P M Temple Dr H Temple-Reddish Mr D P Middleton Ms R McCrum 

## **Chief executive officer** 

Mr B T Rawls 

## **Company secretary** 

Ms R McCrum 

## **Independent Examiner** 

Ms Rachel Garnham FCCA CUNNINGHAMS Number Sixty One Alexandra Road Lowestoft Suffolk NR32 1PL 

Approved by order of the board of trustees on 24 May 2023 and signed on its behalf by: 

Mr B T Rawls - Trustee 

Page 5 



**Independent Examiner's Report to the Trustees of Proclaimers** 

## **Independent examiner's report to the trustees of Proclaimers ('the Company')** 

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022. 

## **Responsibilities and basis of report** 

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). 

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. 

## **Independent examiner's statement** 

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Ms Rachel Garnham FCCA 

CUNNINGHAMS Number Sixty One Alexandra Road Lowestoft Suffolk NR32 1PL 

24 May 2023 

Page 6 



**Proclaimers** 

## **Statement of Financial Activities for the Year Ended 31 December 2022** 

|Unrestricted<br>fund<br>Notes<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>2<br>345,068<br>Other trading activities<br>3<br>107,571<br>Other income<br>15,571<br>**Total**<br>468,210<br>**EXPENDITURE ON**<br>Direct trading costs<br>4<br>16,258<br>**Charitable activities**<br>5<br>Charitable Activities<br>475,232<br>**Total**<br>491,490<br>**NET INCOME/(EXPENDITURE)**<br>(23,280)<br>**Transfers between funds**<br>18<br>20,914<br>**Net movement in funds**<br>(2,366)<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>95,938<br>**TOTAL FUNDS CARRIED FORWARD**<br>93,572|Restricted<br>fund<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>(20,914)<br>(20,914)<br>20,914<br>-|31.12.22<br>31.12.21<br>Total<br>Total<br>funds<br>funds<br>£<br>£<br>345,068<br>346,867<br>107,571<br>80,338<br>15,571<br>64,299<br>468,210<br>491,504<br>16,258<br>7,212<br>475,232<br>460,898<br>491,490<br>468,110<br>(23,280)<br>23,394<br>-<br>-<br>(23,280)<br>23,394<br>116,852<br>93,458<br>93,572<br>116,852|31.12.22<br>31.12.21<br>Total<br>Total<br>funds<br>funds<br>£<br>£<br>345,068<br>346,867<br>107,571<br>80,338<br>15,571<br>64,299<br>468,210<br>491,504<br>16,258<br>7,212<br>475,232<br>460,898<br>491,490<br>468,110<br>(23,280)<br>23,394<br>-<br>-<br>(23,280)<br>23,394<br>116,852<br>93,458<br>93,572<br>116,852|
|---|---|---|---|
||||491,504|
||||7,212<br>460,898|
||||468,110|
||||23,394<br>-|
||||23,394<br>93,458|
||||116,852|



The notes form part of these financial statements 

Page 7 



**Proclaimers** 

## **Balance Sheet** 

## **31 December 2022** 

|Unrestricted<br>fund<br>Notes<br>£<br>**FIXED ASSETS**<br>Tangible assets<br>11<br>75,359<br>**CURRENT ASSETS**<br>Stocks<br>12<br>173<br>Debtors<br>13<br>18,740<br>Cash at bank and in hand<br>68,641<br>87,554<br>**CREDITORS**<br>Amounts falling due within one year<br>14<br>(44,341)<br>**NET CURRENT ASSETS**<br>43,213<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>118,572<br>**CREDITORS**<br>Amounts falling due after more than one year<br>15<br>(25,000)<br>**NET ASSETS**<br>93,572<br>**FUNDS**<br>18<br>Unrestricted funds<br>Restricted funds<br>**TOTAL FUNDS**|Restricted<br>fund<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|31.12.22<br>Total<br>funds<br>£<br>75,359<br>173<br>18,740<br>68,641<br>87,554<br>(44,341)<br>43,213<br>118,572<br>(25,000)<br>93,572<br>93,572<br>-<br>93,572|31.12.21<br>Total<br>funds<br>£<br>78,040<br>167<br>11,765<br>98,077<br>110,009<br>(36,197)<br>73,812<br>151,852<br>(35,000)<br>116,852<br>95,938<br>20,914<br>116,852|
|---|---|---|---|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022. 

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

The notes form part of these financial statements 

continued... 

Page 8 



**Proclaimers** 

## **Balance Sheet - continued** 

## **31 December 2022** 

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on 24 May 2023 and were signed on its behalf by: 

Mr B T Rawls - Trustee 

The notes form part of these financial statements 

Page 9 



**Proclaimers** 

## **Cash Flow Statement** 

## **for the Year Ended 31 December 2022** 

|||31.12.22|31.12.21|
|---|---|---|---|
||Notes|£|£|
|**Cash flows from operating activities**||||
|Cash generated from operations|20|1,123|46,199|
|Interest paid||(1,010)|(601)|
|Net cash provided by operating activities||113|45,598|
|**Cash flows from investing activities**||||
|Purchase of tangible fixed assets||(19,550)|(14,526)|
|Net cash used in investing activities||(19,550)|(14,526)|
|**Cash flows from financing activities**||||
|Loan repayments in year||(9,999)|(5,001)|
|Net cash used in financing activities||(9,999)|(5,001)|
|||||
|**Change in cash and cash equivalents in**||||
|**the reporting period**||(29,436)|26,071|
|**Cash and cash equivalents at the**||||
|**beginning of the reporting period**||98,077|72,006|
|**Cash and cash equivalents at the end of**||||
|**the reporting period**||68,641|98,077|



The notes form part of these financial statements 

Page 10 



**Proclaimers** 

## **Notes to the Financial Statements** 

## **for the Year Ended 31 December 2022** 

## **1. ACCOUNTING POLICIES** 

## **BASIS OF PREPARING THE FINANCIAL STATEMENTS** 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

## **INCOME** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

Income tax recoverable in relation to donation received under Gift Aid or deeds of covenant is recognised at the time of the donation. 

Income from other trading activities includes lettings income from office space, beverage sales and income derived from catering events. 

## **EXPENDITURE** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose. 

## **TANGIBLE FIXED ASSETS** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

|Short leasehold|- over term of lease|
|---|---|
|Improvements to property|- 2% on cost|
|Fixtures and fittings|- 25% on reducing balance|
|Motor vehicles|- 25% on reducing balance|
|Computer equipment|- 25% on reducing balance|



## **STOCKS** 

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 

## **TAXATION** 

The charity is exempt from corporation tax on its charitable activities. 

## **FUND ACCOUNTING** 

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

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 particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **HIRE PURCHASE AND LEASING COMMITMENTS** 

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. 

continued... 

Page 11 



**Proclaimers** 

## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** 

## **1. ACCOUNTING POLICIES - continued** 

## **HIRE PURCHASE AND LEASING COMMITMENTS** 

Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors. 

Rentals payable and receivable under operating leases are charged to the SoFA on a straight line basis over the period of the lease 

## **PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS** 

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 

## **GOING CONCERN** 

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising the financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. 

## **FINANCIAL INSTRUMENTS** 

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments, Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. 

## **2. DONATIONS AND LEGACIES** 

|Donations<br>Gift aid<br>**OTHER TRADING ACTIVITIES**<br>Lettings income<br>Beverage sales<br>Catering events|31.12.22<br>£<br>289,566<br>55,502<br>345,068<br>31.12.22<br>£<br>82,187<br>12,735<br>12,649<br>107,571|31.12.21<br>£<br>296,299<br>50,568|
|---|---|---|
|||346,867|
|||31.12.21<br>£<br>71,304<br>5,259<br>3,775|
|||80,338|



## **3. OTHER TRADING ACTIVITIES** 

continued... 

Page 12 



**Proclaimers** 

## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** 

## **4. DIRECT TRADING COSTS** 

## **OTHER TRADING ACTIVITIES** 

|31.12.22<br>£<br>Opening stock<br>167<br>Purchases<br>16,264<br>Closing stock<br>(173)<br>16,258<br>**CHARITABLE ACTIVITIES COSTS**|31.12.22<br>£<br>Opening stock<br>167<br>Purchases<br>16,264<br>Closing stock<br>(173)<br>16,258<br>**CHARITABLE ACTIVITIES COSTS**|31.12.21<br>£<br>171<br>7,208<br>(167)<br>7,212|31.12.21<br>£<br>171<br>7,208<br>(167)<br>7,212|
|---|---|---|---|
|||||
|**Direct Costs**|||**£**|
|Wages||131,995||
|Social security||6,803||
|Pensions||7,461||
|Hire of plant and machinery||20,485||
|Rent||126,349||
|Rates and water||2,605||
|Events and guest speakers||7,210||
|Repairs and renewals||20,143||
|||||
|||323,051||
|||||
|||||
|**Support Costs**||**£**||
|Bank charges||666||
|Disallowed input VAT||6,050||
|Cleaning||8,062||
|Client hospitality||1,896||
|Gifts and donations||9,982||
|Insurance||6,339||
|Light and heat||18,290||
|Depreciation||18,056||
|Telephone||3.253||
|Postage and stationery||537||
|Equipment and resources||8,994||
|Travelling||32,024||
|Advertising||3,134||
|Subscriptions||4,458||
|Sundry expenses||521||
|||||
|||122,262||
|||||
|||||
|**Governance Costs**||**£**||
|Accountancy||8,440||
|Legal and professional fees||6,544||
|||||
|||14,984||
|||||



## **5. CHARITABLE ACTIVITIES COSTS** 

continued... 

Page 13 



**Proclaimers** 

## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** 

## **6. SUPPORT COSTS** 

|**SUPPORT COSTS**|||
|---|---|---|
|||Finance|
|||£|
|Charitable Activities||1,010|
|**NET INCOME/(EXPENDITURE)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
||31.12.22|31.12.21|
||£|£|
|Depreciation - owned assets|22,231|18,056|
|Hire of plant and machinery|18,295|20,485|
|Other operating leases|108,983|126,349|



## **7. NET INCOME/(EXPENDITURE)** 

## **8. TRUSTEES' REMUNERATION AND BENEFITS** 

Mr B T Rawls (Trustee) received a gross salary of £40,301 for his duties as Senior Pastor of Proclaimers church and CEO of The Space. No element of this remuneration is paid for duties which Mr Rawls conducts as a director. 

Mrs R McCrum (Trustee) received a gross salary of £16,241 for her services in relation to financial administration. No element of this remuneration is paid for duties which Mrs McCrum conducts as a director. 

## **TRUSTEES' EXPENSES** 

There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021. 

## **9. STAFF COSTS** 

|Wages and salaries<br>Social security costs<br>Other pension costs<br>The average monthly number of employees during the year was as follows:<br>Employees<br>No employees received emoluments in excess of £60,000.|31.12.22<br>£<br>161,276<br>8,174<br>8,339<br>177,789<br>31.12.22<br>8|31.12.21<br>£<br>131,995<br>6,803<br>7,461|
|---|---|---|
|||146,259|
|||31.12.21<br>6|



continued... 

Page 14 



**Proclaimers** 

## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** 

|**10.**<br>**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**<br>Unrestricted<br>Restricted<br>fund<br>fund<br>£<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>325,953<br>20,914<br>Other trading activities<br>80,338<br>-<br>Other income<br>64,299<br>-<br>**Total**<br>470,590<br>20,914<br>**EXPENDITURE ON**<br>Direct trading costs<br>7,212<br>-<br>**Charitable activities**<br>Charitable Activities<br>460,898<br>-<br>**Total**<br>468,110<br>-<br>**NET INCOME**<br>2,480<br>20,914<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>93,458<br>-<br>**TOTAL FUNDS CARRIED FORWARD**<br>95,938<br>20,914<br>**11.**<br>**TANGIBLE FIXED ASSETS**<br>Improvements<br>Short<br>to<br>leasehold<br>property<br>£<br>£<br>**COST**<br>At 1 January 2022<br>104,801<br>15,220<br>Additions<br>-<br>-<br>At 31 December 2022<br>104,801<br>15,220<br>**DEPRECIATION**<br>At 1 January 2022<br>85,732<br>887<br>Charge for year<br>6,355<br>305<br>At 31 December 2022<br>92,087<br>1,192<br>**NET BOOK VALUE**<br>At 31 December 2022<br>12,714<br>14,028<br>At 31 December 2021<br>19,069<br>14,333|Total<br>funds<br>£<br>346,867<br>80,338<br>64,299<br>491,504<br>7,212<br>460,898<br>468,110<br>23,394<br>93,458<br>116,852<br>Fixtures<br>and<br>fittings<br>£<br>157,625<br>15,603<br>173,228<br>128,662<br>11,098<br>139,760<br>33,468<br>28,963|Total<br>funds<br>£<br>346,867<br>80,338<br>64,299|
|---|---|---|
|||491,504|
|||7,212<br>460,898|
|||468,110|
|||23,394<br>93,458|
|||116,852|



Page 15 

continued... 



**Proclaimers** 

## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** 

|**11.**<br>**TANGIBLE FIXED ASSETS - continued**<br>Motor<br>vehicles<br>£<br>**COST**<br>At 1 January 2022<br>5,971<br>Additions<br>-<br>At 31 December 2022<br>5,971<br>**DEPRECIATION**<br>At 1 January 2022<br>5,864<br>Charge for year<br>27<br>At 31 December 2022<br>5,891<br>**NET BOOK VALUE**<br>At 31 December 2022<br>80<br>At 31 December 2021<br>107<br>**12.**<br>**STOCKS**<br>Stocks<br>**13.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Trade debtors<br>Other debtors<br>Prepayments<br>**14.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Bank loans and overdrafts (see note 16)<br>Trade creditors<br>Social security and other taxes<br>VAT<br>Other creditors<br>Accruals and deferred income|Computer<br>equipment<br>£<br>35,855<br>3,947<br>39,802<br>20,287<br>4,446<br>24,733<br>15,069<br>15,568<br>31.12.22<br>£<br>173<br>31.12.22<br>£<br>12,728<br>4,158<br>1,854<br>18,740<br>31.12.22<br>£<br>10,000<br>4,435<br>2,833<br>3,697<br>13,335<br>10,041<br>44,341|Totals<br>£<br>319,472<br>19,550|Totals<br>£<br>319,472<br>19,550|
|---|---|---|---|
|||339,022||
|||241,432<br>22,231||
|||263,663||
|||75,359||
|||78,040||
|||31.12.21<br>£<br>167<br>31.12.21<br>£<br>4,929<br>6,329<br>507<br>11,765<br>31.12.21<br>£<br>10,000<br>8,169<br>2,901<br>-<br>11,730<br>3,397<br>36,197||
||||36,197|



Page 16 

continued... 



**Proclaimers** 

## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** 

|**15.**<br>**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**<br>31.12.22<br>£<br>Bank loans (see note 16)<br>25,000<br>**16.**<br>**LOANS**<br>An analysis of the maturity of loans is given below:<br>31.12.22<br>£<br>Amounts falling due within one year on demand:<br>Bank loans<br>10,000<br>Amounts falling between one and two years:<br>Bank loans - 1-2 years<br>10,000<br>Amounts falling due between two and five years:<br>Bank loans - 1-5 years<br>15,000<br>**17.**<br>**LEASING AGREEMENTS**<br>Minimum lease payments under non-cancellable operating leases fall due as follows:<br>31.12.22<br>£<br>Within one year<br>9,722<br>Between one and five years<br>-<br>9,722<br>**18.**<br>**MOVEMENT IN FUNDS**<br>Net<br>Transfers<br>movement<br>between<br>At 1.1.22<br>in funds<br>funds<br>£<br>£<br>£<br>**Unrestricted funds**<br>General fund<br>95,938<br>(23,280)<br>20,914<br>**Restricted funds**<br>Hope For Latvia<br>20,914<br>-<br>(20,914)<br>**TOTAL FUNDS**<br>116,852<br>(23,280)<br>-|31.12.21<br>£<br>35,000<br>31.12.21<br>£<br>10,000<br>10,000<br>25,000<br>31.12.21<br>£<br>17,151<br>2,182<br>19,333<br>At<br>31.12.22<br>£<br>93,572<br>-|
|---|---|
||93,572|



continued... 

Page 17 



**Proclaimers** 

## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** 

## **18. MOVEMENT IN FUNDS - continued** 

Net movement in funds, included in the above are as follows: 

|Incoming<br>resources<br>£<br>**Unrestricted funds**<br>General fund<br>468,210<br>**TOTAL FUNDS**<br>468,210<br>**Comparatives for movement in funds**<br>At 1.1.21<br>£<br>**Unrestricted funds**<br>General fund<br>93,458<br>**Restricted funds**<br>Hope For Latvia<br>-<br>**TOTAL FUNDS**<br>93,458<br>Comparative net movement in funds, included in the above are as follows:<br>Incoming<br>resources<br>£<br>**Unrestricted funds**<br>General fund<br>470,590<br>**Restricted funds**<br>Hope For Latvia<br>20,914<br>**TOTAL FUNDS**<br>491,504|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(491,490)<br>(23,280)<br>(491,490)<br>(23,280)<br>Net<br>movement<br>At<br>in funds<br>31.12.21<br>£<br>£<br>2,480<br>95,938<br>20,914<br>20,914<br>23,394<br>116,852<br>Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(468,110)<br>2,480<br>-<br>20,914<br>(468,110)<br>23,394|
|---|---|



continued... 

Page 18 



**Proclaimers** 

## **Notes to the Financial Statements - continued** 

## **for the Year Ended 31 December 2022** 

## **18. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined position is as follows: 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Hope For Latvia<br>**TOTAL FUNDS**|At 1.1.21<br>£<br>93,458<br>-<br>93,458|Net<br>movement<br>in funds<br>£<br>(20,800)<br>20,914<br>114|Transfers<br>between<br>funds<br><br>£<br>20,914<br>(20,914)<br>-|At<br>31.12.22<br>£<br>93,572<br>-|
|---|---|---|---|---|
|||||93,572|



A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Hope For Latvia<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>938,800<br>20,914<br>959,714|Resources<br>Movemen<br>expended<br>in funds<br>£<br>£<br>(959,600)<br>(20,800<br>-<br>20,914<br>(959,600)<br>114|Resources<br>Movemen<br>expended<br>in funds<br>£<br>£<br>(959,600)<br>(20,800<br>-<br>20,914<br>(959,600)<br>114|
|---|---|---|---|
||||114|



**Hope for Latvia** - to provide care and financial support primarily to families stricken by poverty in the former Soviet State of Latvia. 

## **19. RELATED PARTY DISCLOSURES** 

The company has an overdraft facility of £17,500. Mr BT Rawls has provided a personal guarantee in respect of this amount. 

## **20. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES** 

|**OPERATING ACTIVITIES**|||
|---|---|---|
||31.12.22|31.12.21|
||£|£|
|**Net (expenditure)/income for the reporting period (as per the**|||
|**Statement of Financial Activities)**|(23,280)|23,394|
|**Adjustments for:**|||
|Depreciation charges|22,230|18,056|
|Interest paid|1,010|601|
|(Increase)/decrease in stocks|(6)|4|
|(Increase)/decrease in debtors|(6,975)|3,277|
|Increase in creditors|8,144|867|
|**Net cash provided by operations**|1,123|46,199|



continued... 

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**Proclaimers** 

## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** 

## **21. ANALYSIS OF CHANGES IN NET FUNDS** 

||At 1.1.22|Cash flow|At 31.12.22|
|---|---|---|---|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|98,077|(29,436)|68,641|
||98,077|(29,436)|68,641|
|**Debt**||||
|Debts falling due within 1 year|(10,000)|-|(10,000)|
|Debts falling due after 1 year|(35,000)|10,000|(25,000)|
||(45,000)|10,000|(35,000)|
|**Total**|53,077|(19,436)|33,641|



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**Proclaimers** 

## **Detailed Statement of Financial Activities for the Year Ended 31 December 2022** 

||31.12.22|31.12.21|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|289,566|296,299|
|Gift aid|55,502|50,568|
||345,068|346,867|
|**Other trading activities**|||
|Lettings income|82,187|71,304|
|Beverage sales|12,735|5,259|
|Catering events|12,649|3,775|
||107,571|80,338|
|**Other income**|||
|Government grants|15,571|64,299|
|**Total incoming resources**|468,210|491,504|
|**EXPENDITURE**|||
|**Other trading activities**|||
|Opening stock|167|171|
|Purchases|16,264|7,208|
|Closing stock|(173)|(167)|
||16,258|7,212|
|**Charitable activities**|||
|Wages|161,276|131,995|
|Social security|8,174|6,803|
|Pensions|8,339|7,461|
|Hire of plant and machinery|18,295|20,485|
|Rent|108,983|126,349|
|Rates and water|2,121|2,605|
|Insurance|6,420|6,339|
|Light and heat|27,555|18,290|
|Telephone|2,268|3,253|
|Postage and stationery|532|537|
|Advertising|8,874|3,134|
|Sundry expenses|582|521|
|Licences and subscriptions|4,290|4,458|
|Equipment and resources|13,136|8,994|
|Gifts and donations|6,863|9,982|
|Accountancy|9,080|8,440|
|Bank charges|722|666|
|Client hospitality|1,263|1,896|
|Travelling|24,891|32,024|
|Carried forward|413,664|394,232|



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Page 21 



**Proclaimers** 

|**Charitable activities**<br>Brought forward<br>Legal and professional fees<br>Events and guest speakers<br>Repairs and renewals<br>Cleaning<br>Disallowed input VAT<br>Short leasehold<br>Improvements to property<br>Fixtures and fittings<br>Motor vehicles<br>Computer equipment<br>**Support costs**<br>**Finance**<br>Bank loan interest<br>Total resources expended<br>**Net (expenditure)/income**|**Detailed Statement of Financial Activities**<br>**for the Year Ended 31 December 2022**<br>31.12.22<br>31.12.21<br>£<br>£<br>413,664<br>394,232<br>5,081<br>6,544<br>13,253<br>7,210<br>11,817<br>20,143<br>8,177<br>8,062<br>-<br>6,050<br>6,355<br>6,355<br>304<br>304<br>11,098<br>6,210<br>27<br>36<br>4,446<br>5,151<br>474,222<br>460,297<br>1,010<br>601<br>491,490<br>468,110<br>(23,280)<br>23,394|**Detailed Statement of Financial Activities**<br>**for the Year Ended 31 December 2022**<br>31.12.22<br>31.12.21<br>£<br>£<br>413,664<br>394,232<br>5,081<br>6,544<br>13,253<br>7,210<br>11,817<br>20,143<br>8,177<br>8,062<br>-<br>6,050<br>6,355<br>6,355<br>304<br>304<br>11,098<br>6,210<br>27<br>36<br>4,446<br>5,151<br>474,222<br>460,297<br>1,010<br>601<br>491,490<br>468,110<br>(23,280)<br>23,394|
|---|---|---|
||||
|||460,297<br>601|
|||468,110|
|||23,394|



This page does not form part of the statutory financial statements 

Page 22