| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | 6 | f | E | E | |||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
222,828 | 24,056 | 246,884 | 198,742 | |||
| Charitable activities |
|||||||
| Charitable Activities |
37,979 | 37,979 | 10,202 | ||||
| MinistrY | 1,190 | 1,190 | |||||
| Other trading activities |
22,365 | 22,365 | |||||
| Investment income |
24,584 | ||||||
| Otherincome | 897 | 7,452 | 8,349 | 16,953 | |||
| Total | 285,259 | 31,508 | 316,767 | 250,481 | |||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Charitable Activities |
286,591 | 18,742 | 305,333 | 158,815 | |||
| Other | 8 | 20,141 | 20,141 | 16,964 | |||
| Total | 306,732 | 18,742 | 325,474 | 175,779 | |||
| NET INCOME/(EXPENDITURE) | (21,473) | 12,766 | (8,707) | 74,702 | |||
| Transfers between | funds | 22 | 7,214 | (7,214) | |||
| Net movement in funds |
(14,259) | 5,552 | (8,707) | 74,702 | |||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought | forward | 478,114 | 2,204 | 480,318 | 405,616 | ||
| TOTAL FUNDS CARRIED FORWARD | 463,855 | 7,756 | 471,611 | 480318 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | E | f | f | E | |
| FIXED ASSETS | |||||
| Tangible assets | 14 | 1,038,993 | 1,038,993 | 1,045370 | |
| Investments | 15 | 100 | |||
| 1,038,993 | 1,038,993 | 1,045,470 | |||
| CURRENT ASSETS | |||||
| Debtor's | 16 | 4,827 | 4,827 | 25,003 | |
| Cash at bank | 35,214 | 7,756 | 42,970 | 96,976 | |
| 40,041 | 7,756 | 47,797 | 121,979 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
17 | (54,175) | (54,175) | (48,299) | |
| NET CURRENT ASSETS | (14,134) | 7,756 | (6,378) | 73,680 | |
| TOTAL ASSETS LESSCURRENT LIABIUTIES | 1,024,859 | 7,756 | 1,032,615 | 1,119,150 | |
| CREDITORS | |||||
| Amounts falling due after more than one year |
18 | (561,004 l | (561,004) | (638,832) | |
| NET ASSETS | 463,855 | 7,756 | 471,611 | 480,318 | |
| FUNDS | 22 | ||||
| Unrestricted funds |
463,855 | 478,114 | |||
| Restricted funds | 7,756 | 2,204 | |||
| TOTALFUNDS | 471,611 | 480,318 |
| 2. | DONATIONS | DONATIONS | AND LEGACIES | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| 6 | f | E | f | ||||
| Offerings | 186,425 | 24,056 | 210,481 | 170,791 | |||
| Gift aid | 36,403 | 36,403 | 27,951 | ||||
| 222,828 | 24,056 | 246,884 | 198,742 | ||||
| 3. | OTHER TRADING ACTIVITIES | ||||||
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| fundsf | fundsf | funds f |
funds f |
||||
| Sundry Income | 22,365 | 22,365 | |||||
| 4. | INVESTMENT | INCOME | |||||
| 2022 | 2021 | ||||||
| Unrestricted | Restdcted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| E | f | E | E | ||||
| Subsidiary | Income | 24,584 | |||||
| 5. | INCOME | FROM CHARITABLE ACTIVITIES | |||||
| 2022 | 2021 | ||||||
| Charitable | Total | Total | |||||
| Activities f |
Ministry f |
activities E |
activities f |
||||
| Hiring of | hall | &facilities | 37,979 | 37,979 | 9,990 | ||
| Children's | mlnLstry | 1,190 | 1,190 | 212 | |||
| 37,979 | 1,190 | 39,169 | 10,202 |
| CHARITABLE | ACTIVITIES | COSTS | |||||
|---|---|---|---|---|---|---|---|
| Direct | |||||||
| Costs (see | Support | ||||||
| note 7) f |
costs f |
Totals f |
|||||
| Charitable Activities |
299,185 | 6,148 | 305,333 | ||||
| DIRECT COSTS OF CHARITABLE ACTIVITIES | |||||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Trustees' remuneration |
etc | 40,895 | 38,944 | ||||
| Staff costs | 46,416 | 37,072 | |||||
| Rates and water | 393 | 1,060 | |||||
| Insurance | 3,676 | 3,575 | |||||
| Ught and heat | 10,440 | 12,023 | |||||
| Telephone | 2,182 | 1,205 | |||||
| Sundries | 2,347 | 3,189 | |||||
| Ministry fees | 443 | ||||||
| Ministry visiting speakers | 2,135 | 450 | |||||
| Mission events | 56,705 | 17,741 | |||||
| Repairs and renewa Is | 3,147 | 6,842 | |||||
| Cleaning and |
gardening | 731 | |||||
| Rent and hire offadlities | 245 | ||||||
| Storage rent | 530 | 691 | |||||
| s | 96,789 | ||||||
| Depreciation | 9,435 | 8,672 | |||||
| Interest payable and similar charges | 22,921 | 24,006 | |||||
| 299,185 | 155,715 | ||||||
| OTHER | |||||||
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| f | f | f | f | ||||
| Professional | fees | 3,436 | 3,436 | 2,034 | |||
| Accountancy | support | 1,733 | 1,733 | 1,675 | |||
| Computer costs | 8,159 | 8,159 | 6,482 | ||||
| Photocopier | lease | 2,674 | 2,674 | 2,844 | |||
| Printing, postage &stationery |
391 | 391 | 303 | ||||
| Bank charges | and interest | 697 | 697 | 1,339 | |||
| Sundries | 3,051 | 3,051 | 2,287 | ||||
| 20,141 | 20,141 | 16,964 |
| 2022f | 2021 f |
|||
|---|---|---|---|---|
| Depreciation | —owned | assets | 9,434 | 8,673 |
| STAFF COSTS | |||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| 6 | f | ||||||
| Wages and salaries | 79,887 | 69,420 | |||||
| Social security | costs | 5,963 | 5,285 | ||||
| Other pension | costs | 1,461 | 475 | ||||
| 87,311 | 75,180 | ||||||
| The average | monthly | number ofemployees | during the year was as follows: | ||||
| 2022 | 2021 | ||||||
| Pastoral | 1 | 2 | |||||
| Administration | &Finance | 1 | 1 | ||||
| No employees | received emoluments | in excess of660,000, |
| 13. | COMPARATNES FOR THE STATEMENT OF FINANCIAL ACTNITIES |
COMPARATNES FOR THE STATEMENT OF FINANCIAL ACTNITIES |
COMPARATNES FOR THE STATEMENT OF FINANCIAL ACTNITIES |
|||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| E | E | f | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
194,833 | 3,909 | 198,742 | |||
| Charitable activities |
||||||
| Charitable Activities |
10,202 | 10,202 | ||||
| Investment Income |
24,584 | 24,584 | ||||
| Other income | 16/53 | 16,953 | ||||
| Total | 246,572 | 3,909 | 250,481 | |||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Charitable Activities |
156,759 | 2,056 | 158,815 | |||
| Other | 16,964 | 16,964 | ||||
| Total | 173,723 | 2,056 | 175,779 | |||
| NET INCOME | 72,849 | 1,853 | 74,702 | |||
| Transfers between | funds | 556 | (556) | |||
| Net movement In funds |
73,405 | 1,297 | 74,702 | |||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought | forward | 404,709 | 907 | 405,616 | ||
| TOTAL FUNDS CARRIED FORWARD | 478,114 | 2,204 | 480,318 |
| TANGIBLE FIXEDASSETS | |||||
|---|---|---|---|---|---|
| Fixtures | |||||
| Freehold | Long | and | Motor | ||
| pmperty f |
leasehold F. |
fittings f |
vehicles f |
Tots Is f |
|
| COST OR VALUATION | |||||
| At 1April 2021 | 195,000 | 795,000 | 151,626 | 1,950 | 1,143,576 |
| Additions | 3,057 | 3,057 | |||
| At 31March 2022 | 795,000 | 154,683 | 1,950 | 1,146,633 | |
| DEPRECIATION | |||||
| At 1April 2021 | 96,256 | 1,950 | 98,206 | ||
| Charge for year | 9,434 | 9,434 | |||
| At 31March 2022 | 105,690 | 1,950 | 107,640 | ||
| NET BOOK VALUE | |||||
| At 31March 2022 | 195,000 | 795,000 | 48,993 | 1,038,993 | |
| At 31March 2021 | 195,000 | 795,000 | 55,370 | 1,045,370 |
| Fixtures | |||||||
|---|---|---|---|---|---|---|---|
| Freehold | Long | and | Motor | ||||
| property f |
leasehold f |
fittings f |
vehicles f |
Totals f |
|||
| Valuation | in | 2007 | (774,321) | (774,321) | |||
| Cost | 195,000 | 1,569,321 | 154,683 | 1,950 | 1,920,954 | ||
| 195,000 | 795,000 | 154,683 | 1,950 | 1,146,633 |
| 2022 | 2021 |
|---|---|
| E | f |
| 1,569,321 | 1,569,321 |
| Grace Nursery Limited |
Grace Nursery Limited |
Grace Nursery Limited |
|||
|---|---|---|---|---|---|
| Registered office: 70Thomas Street, Aston, Birmingham, | West Midlands, 864TN | ||||
| N | |||||
| Class ofshare | holding | ||||
| Ordinary | 100 | ||||
| 2022 | 2021 | ||||
| f | E | ||||
| Aggregate capital and |
reserves | (73,784) | (13,137) | ||
| Loss for the year | (47,433) | (981) | |||
| DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 2022 | 2021 | ||||
| E | E | ||||
| Trade debtors | 550 | 2,928 | |||
| Amounts owed by group |
undertakings | 20,094 | |||
| Prepayments | 4,277 | 1,981 | |||
| 4,827 | 25,003 | ||||
| CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 2022 | 2021 | ||||
| f | f | ||||
| Bank loans and overdrafts (see note 19) | 28,609 | 28,322 | |||
| Trade creditors | 7,134 | 9,405 | |||
| Social security and other | taxes | 7,168 | 3,961 | ||
| Other creditors | 1,543 | 811 | |||
| Accruals and deferred | Income | 9,721 | 5,800 | ||
| 54,175 | 48,299 |
| 18. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN |
ONE YEAR | ||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| E | E | |||||
| Bank loans (see note 19) | 561,004 | 638,832 | ||||
| 19. | LOANS | |||||
| An analysis ofthe maturity ofloans Isgiven below: | ||||||
| 2022 | 2021 | |||||
| f | f | |||||
| Amounts falling due within one year on demand: |
||||||
| Bankloans &mortgages | 28,609 | 28,322 | ||||
| Amounts falling between |
one and two years: | |||||
| Bankloans &mortgages | 1-2years | 29,721 | 38,136 | |||
| Amounts falling due between two and five years: |
||||||
| Bankloans &mortgages | 2-5 years | 96,272 | ||||
| Amounts falling due in more than Rve years: |
||||||
| Repayable by Instalments: |
||||||
| Bank loans &mortgages | more 5yr by Install | 435,011 | 478,840 | |||
| 20. | LEASING AGREEMENTS | |||||
| Minimum lease payments |
under non-cancellable | operating | leases fall due as follows: | |||
| 2022 | 2021 | |||||
| E | 6 | |||||
| Within one year | 2,674 |
| 2022 | 2021 | |
|---|---|---|
| f | f | |
| Mortgage | 589,613 | 617,154 |
| MOVEMENT | IN FUNDS | ||||
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At1.4.21 | In funds | funds | 31.3.22 | ||
| E | E | F. | E | ||
| Unrestricted | funds | ||||
| General fund | 463,425 | (61,379) | 54,816 | 456,862 | |
| Missions Fund | 7,109 | 1,730 | (2,833) | 6,006 | |
| Community | Youth Project | 689 | (56) | 338 | 971 |
| Holding Account | 6,891 | 38,232 | (45,107) | 16 | |
| 478,114 | (21,473) | 7,214 | 463,855 | ||
| Restricted funds | |||||
| Glory Hour | 731 | 7,342 | (914) | 7,159 | |
| Benevolent | Fund | ||||
| 1,473 | 5,424 | (6,300) | 597 | ||
| 2,204 | 12,766 | (7,214) | 7,756 | ||
| TOTAL FUNDS | 480,318 | (8,707) | 471,611 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| f | 6 | f | |
| Unrestricted funds |
|||
| General fund | 240,546 | (301,925) | (61,379) |
| MissionsFund | 5,145 | (3,415) | 1,730 |
| Community Youth ProJect |
1,276 | (1,332) | (56) |
| Holding Account | 38,292 | (60) | 38,232 |
| 285,259 | (306,732) | (21,473) | |
| Restricted funds | |||
| Glory Hour | 8,117 | (775) | 7,342 |
| BenevolentFund | |||
| 23,391 | (17,967) | 5,424 | |
| 31,508 | (18,742) | 12,766 | |
| TOTAL FUNDS | 316,767 | (325,474) | (8,707) |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.4.20 | In funds | funds | 31.3.21 | ||
| f | E | f | 6 | ||
| Unrestricted | funds | ||||
| General fund | 394,215 | 71,154 | (1,944) | 463,425 | |
| Missions Fund | 5,290 | 1,819 | 7,109 | ||
| Community | Youth Pro)ect | 813 | (124) | 689 | |
| Holding Account | 4,391 | 2,500 | 6,891 | ||
| 404,709 | 72,849 | 478,114 | |||
| Restricted | funds | ||||
| Glory Hour | 656 | 75 | 731 | ||
| Benevolent | Fund | ||||
| 251 | 1,778 | (556) | 1,473 | ||
| 907 | 1,853 | (556) | 2,204 | ||
| TOTALFUNDS | 405,616 | 74,702 | 480,318 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | In funds | ||
| f | E | E | ||
| Unrestricted | funds | |||
| General fund | 237,140 | (165,986) | 71,154 | |
| Missions Fund | 9,220 | (7,401) | 1,819 | |
| Community | Youth Project | 212 | (336) | (124) |
| 246,572 | (173,723) | 72,849 | ||
| Restricted funds | ||||
| Glory Hour | 75 | 75 | ||
| Benevolent | Fund | |||
| 3,834 | (2,056) | 1,778 | ||
| 3,909 | (2,056) | 1,853 | ||
| TOTAL FUNDS | 250,481 | (175,779) | 74,702 | |
| Restricted Funds |