|||Page|
|---|---|---|
|Report ofthe Trustees||1 to 7|
|Independent
Examiner's|Report||
|Statement ofFinancial|Activities||
|Balance Sheet||10to 11|
|Notes to the Financial Statements||12to 24|
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||Total|Total|
||||Unrmtrlctcd|Restricted|funds|funds|
||||Funds|Fttttds|funds|funds|
|||Notes|f|6|||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations and legacies||2|2024156|150|203,106|246,884|
|Charitable
Activities|||45,170||45,170|37,979|
|Mnhtry|||2,554||2,554|1,190|
|Other trading
activities||||||22,365|
|Iavestmeat
income|||||||
|Other income|||600|609|1,209|8,349|
|Total|||251,280|759|252,039|316,767|
|EXPENDITURE ON|||||||
|Charitable
Acttvltles||6|225,878|35t20|229,798|305,333|
|Other
Total||8|8,423
8,423
20,141
81»»3821»
4||||
|NET INCOME / (EXPENDITURE)|||16,979|(3,160)|13,818|(8,707)|
|Transfers
between funds||21|(471)|471|||
|Net movement
in funds|||16,508|(2,689)|13,818|(8,707)|
|RECONCILIATION
OFFUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD|||463,855
7,756
~4»||471,611
8
9|480,318|
|||||2023|2022|
|---|---|---|---|---|---|
|||Untcshteted|Restricted|Totalfunds|Tatslfunds|
|||Ftla dc|Funds|funds|funds|
||Notes|I|f|I|6|
|FIXEDASSETS||||||
|Tangible assets|14|1,031,620||1,031,620|1,038,993|
|Iltvmtlueltts|15|||||
|||1,031,620||1,031,620|1,038,993|
|CURRENT ASSETS||||||
|Debtom|16|6,020||6,020|4,827|
|Cash at bank||22 277|3,920|26,198|42,970|
|||28$97|3,920|32,217|47,797|
|CREDITORS||||||
|Amouats
raging due adthtn oneyesr|17|(44,548)||(44,548)|(54,175)|
|NET CURRENT ASSETS||(16,251)|3,920|(12,331)|(6,378)|
|TOTAL ASSETSLESSCURRENT LIABILITIES||1,015,369|3,920|1,019,289|1,032,615|
|CREDITORS||||||
|Amounts
fsghg due alter more thea onc year|18|(533,860)||(533,860)|(561,004)|
|NET ASSETS||||||
|FUNDS||||||
|Unrestrkted
funds||||480,362|463,855|
|Restrkted feuds||||5,067|7,756|
|TOTAL FUNDS||||~85 429|471611|
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||||2023|2022|
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
|||f.|f|f,|
|Offerings|167,608|150|167,758|210,481|
|Gift aid|35,348||35,348|36,403|
||202,956|150|203,106|246&884|
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|OTBE|RTRADING ACTIVITIES|||||
|---|---|---|---|---|---|
|||||2023|2022|
|||Unrestricted|Restrkted|Total|Total|
|||funds|funds|funds|1'unde|
|||8|5|||
|Sundry|income||||22,365|
||||||22365|
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|||2023|2022|
|---|---|---|---|
|Unrestrkted|Restricted|Total|Total|
|funds|funds|funds|funds|
|f.|8|f,||
|INCOME|FROM CBARITABLE ACTI|VITIES||||
|---|---|---|---|---|---|
|||||2023|2022|
|||Charitable||Total|Total|
|||Activities||funds|funds|
|||||f.||
|Hiring of|hall th facilities|45,170||45,170|37,979|
|Chgdren's|income||2,554|2,554|1,190|
|||45170|2 554|47724|39169|
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|||Direct Costs|Support|Totals|
|---|---|---|---|---|
|||(see note 7)|costs||
||||f.||
|Charitable|Activities|216,959|12,839|229,798|
|||216959|12839|229798|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||||||||6|
|Trustee's
remuneration||etc||||40,895|40,895|
|Staffcosts||||||43,174|46,416|
|Rates and Water||||||6,657|393|
|Insurance||||||3,980|3,676|
|Light and heat||||||16,410|10,440|
|Telephone||||||2,410|2,182|
|Sundrhn||||||611|2,347|
|Ministry
fees|||||||443|
|Mtnhtry
visiting speakers||||||2,799|2,135|
|Mission events||||||25,879|56,705|
|Repairs and renewals||||||9,849|3,147|
|Cleaning
aud|gardening|||||8,061|731|
|Rent and hire|offacilities|||||||
|Storage rent||||||536|530|
|Other costs||||||23,655|96,789|
|Depreciation||||||10,122|9,435|
|Interest payable and similar charges||||||21,921|22,921|
|||||||216,959|299,185|
|OTHER||||||2023|2022|
||||Unrestricted||Restricted|Total fuads|Total funds|
||||funds||funds|||
||||||f.|||
|Professional Fees|||2,100|||2,100|3,436|
|Accountancy|Support||||||1,733|
|Computer
costs||||958||958|8,159|
|Photocopier lease|||2,488|||2,488|2,674|
|Printing,
postage tk statloneery|||||||391|
|Bank charges|and interest|||596||596|697|
|Sundries I|||2,283|||2,283|3,051|
||||8|423||8423|20 141|
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||||Unrestricted|Restricted|Total funds|
|---|---|---|---|---|---|
||||funds|funds||
|INCOME AND ENDOWMENTS||FROM||||
|Donations
and Iegades|||222,828|24,056|246,884|
|Charitable
Acttvlties||||||
|Charitable
Activities|||39,169||39,169|
|Investment
Income||||||
|Other income|||23,262|7,452|30,714|
|Total|||285,259|31,508|316,767|
|EXPENDITURE ON||||||
|Charitable
Activities|||286,591|18,742|305,333|
|Other|||20,141||20,141|
|Total|||306,732|18,742|325,474|
|NET INCOME/(EXPENDITURE)|||(21,473)|12,766|(8,707)|
|Transfers
between funds|||7,214|(7,214)||
|Net movement
ta funds|||(14,259)|5,552|(8,707)|
|RECONCILIATION|OFFUNDS|||||
|Total funds brought|forward||478,114|2,204|480,318|
|TOTAL FUNDS CARRIED FORWARD|||463,855|7,756|471,611|
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||Freehold|Long|Pictures|dr|Motor||
|---|---|---|---|---|---|---|
||||||Vehicles|Total|
|Cost or VstuaNon|||||||
|At 1stApril 2022|195,000|795,000|154,683||1,950|1,146,633|
|Additions|||2,749|||2,749|
|Dupos ale|||||||
|At 31stMarch 2023|||||||
|Depredation|||||||
|At 1stApril 2022|||107,640|||107,640|
|Disposals|||||||
|Charge for tbcyear|||||||
|At 31stMarch 2023|||117,762||||
|Net BookValue|||||||
|At 31stMarch 2023|||||||
|At 31stMarch 2022|||||||
||||Freehold|Long|Flam res 4I|Motor||
|---|---|---|---|---|---|---|---|
|||||Letueh old||Vehicles|Total|
||||||6|6|f|
|Valuation|in|2007||(774,321)|||(774,321)|
|Cost|||195,000|I 569,321||||
|2023|2022|
|---|---|
|6|f|
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||2023|2022|2022|
|---|---|---|---|
||f|f||
|Trade debtors|3,331||550|
|Prep ayments|939|4|277|
||4270|4|027|
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|||2023|2022|
|---|---|---|---|
|||8|8|
|Bank loans and overdrafts|(see note 19)|27,212|28,609|
|Trade creditors||3,374|7,134|
|Sodal secnrlty and other taxes||6,993|7,168|
|Other creditors||1,543|1,543|
|Accrnals and deferred income||7,176|9,721|
|||46,298|04,375|
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||f,||
|Bank|loans|(see|note|19)|533,860|367,004|
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|An analysis ofthe maturity ofthe|An analysis ofthe maturity ofthe|An analysis ofthe maturity ofthe|loan is|loan is|given below:||||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
||||||||6|6|
|Amounts|falling due within one year on demand:
five||||||||
|Bank loans &mortgages|||||||27 212|28 609|
|Amounts|falUng between|one and|two years:||||||
|Bank loans &ruortgages||1-2years|||||28278|29721|
|Amounts|famng between|two and||year:|||||
|Bank loans &mortgages||2-5years|||||91623|96272|
|Amounts|falling due in more than||live years:||||||
|Repayable|by installments:||||||||
|Bank loans &mortgages
more 5yr by install|||||||413,959|435,011|
|SKCURKD DEBTS|||||||||
|The followlag|secured debts are included|||within|creditors:||||
|||||||2023|2022||
|||||||I|f.||
|Mortgage||||||~561 072|~589 613||
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|||Net|Traasfer||
|---|---|---|---|---|
|||movement|between||
||At 1.4,22|in funds|funds|At313.23|
|||f,|6|8|
|Unrestricted
funds|||||
|General fund|456,862|15,011|(1,453)|470,420|
|Missions fund|6,006|(6,988)|982|(0)|
|Community
Youth Project
Holding Account|971
16|1,363
~7592||2,334
7008|
||463,855|16,978|(471)|480,362|
|Restricted fands|||||
|Glory Hour
Benevolent Fand|7,159
597|(2,092)
~1,068|471|5,067|
||7
6|3 160|471|5 067|
|TOTAL FUNDS|471,611|~13818||485 42|
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|Net movement
In funds, Included
in the above are a|s follows:|||
|---|---|---|---|
||Incoming|Resources|Movement|
||resourcul|expended|ln funds|
||f.||8|
|Unrestricted
funds||||
|General fund|239,708|(224,697)|15,011|
|Missions fund|1,161|(8,149)|(6,988)|
|Community
Youth Project
Holding Account|1,993
~8417|(630)
~825|1,363
7,592|
||251,280|(234,301)|16,978|
|Restricted funds||||
|Glory Hour
Benevolent Fund|150
609|(2,242)
~I,67|(2,092)
~1068|
||759|3,920|3 160|
|TOTAL FUNDS|252,039|(238,221)|13,818|
|||Net|Transfers||
|---|---|---|---|---|
|||movement|between||
||At 1.4.21|in funds|funds|At319.22|
|||f.|f.||
|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
Holding Account|689
6831|(56)
~38 232|338
~45 10|971
16|
||478,114|(21,473)|7,214|463,855|
|Restricted funds|||||
|Glory Hour
Benevolent Fund|731
1 413|7,342
3434|(914)
~6300|7,159
597|
|||~12766|7214|~7756|
|TOTAL FUNDS|488 318|870||~471 611|
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|Comparative
net movement
in funds, lnduded
in th|e above are as follows:|||
|---|---|---|---|
||Incoming|Resources|Movement|
||rcsourcw|espeudcd|in funds|
||f||f.|
|Unrestricted
funds||||
|General fund|240,546|(301,925)|(61,379)|
|Missions fund|5,145|(3,415)|1,730|
|Comruunity
Youth Project
Holding Account|1,276
~38 92|(1,332)
~60|(56)
~38232|
||285259|(306,732)|(21,473)|
|Restricted funds||||
|Glory Hour
Benevolent Fund|8,117
~23391|(775)
~1796|7,342
~5424|
||~31 508|18742|~12766|
|TOTAL FUNDS|316&767|(325,474)|($,707)|
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