## The King's Church, Boston Spa
Report and Accounts Year ended 31 December 2022
Company number: 6211852 Charity number: 1120828
## **The King's Church, Boston Spa**
## **COMPANY INFORMATION**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **Trustees**
Rev S Thompson (resigned 19/01/2022) Mr S C C Young FCA (resigned 20/09/2022) Mr D A Faraday Mr P J Baraniak (appointed 19/01/2022) Mr J N Newlove (appointed 16/01/2022)
**Company Secretary** Mr A Pearlman
**Key Staff**
Mr P J Baraniak
Memorandum and Articles of Association dated 1997
**Governing Document Company Registration Number** 6211852 **Charity Registration Number** 1120828 **Principal Address** 26 Sunnybank Micklefield Leeds LS25 4DQ **Registered Office** 26 Sunnybank Micklefield Leeds LS25 4DQ **Independent Examiner** Sarah Crispin ACA Stewardship 1 Lamb's Passage London EC1Y 8AB **Bankers** HSBC Kingdom Bank Account Virgin Money
|**Contents**|**Page**|
|---|---|
|Company Information|1|
|Trustees' Annual Report|2-3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Accounts|7-12|
|Detailed Statement of Financial Activities with Comparatives|13|
Page 1
## **The King's Church, Boston Spa**
## **TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
The trustees, who are the charity's directors for the purposes of company law, have pleasure in submitting the Report and Accounts for the year.
## **Objects of the charity**
The objects of the charity are the advancement of the Christian religion by knowing Christ and making Him known to others and in accordance with the statement of fundamental truths set out in the Memorandum of Association
The main normal activities of the charity that are undertaken in order to fulfil these objectives are: Christian worship, Bible study and prayer meetings, outreach, projects in the commurlity and donations to other charities.
## **Summary of the charity's main activities and achievements**
2022 saw the conitnued growth of regular church activities such as Sunday services, weekly bible studies and small groups. We ran our first holiday club within the Easter holidays and also a childrens day event at Christmas with an additonal family fun day event in July. Volunteers started running seasonal book tables the first one being at Christmas time in the local community. All the meetings including our prayer meetings and bible studies are still held within the Methodist Church building in Boston Spa with the exception of the small groups which take place in the homes of our attendees. We continue to use online services such Youtube, ZOOM to provide provision for those that can't make it and to enhance the ministry where necceasry. Grants were given again to Arab World Ministries and Elim. Other Christian charities and missions were supported. Additionally church planting, youth work, Christian action were all supported with grants.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
## **Structure, Governance and Management**
Responsibility for setting policy and for making operating decisions rests with the trustees who meet regularly to monitor the activities of the charity. New trustees are recruited and appointed by the existing trustees, by a majority vote.
## **Financial review**
During the year income decreased by £8,767, to £86,569, and expenditure decreased by £17,147, to £93,138. As a result deficit for this year decreased by £8,380, to £6,569 and the charity's net assets decreased by the same amount, to £125,328. Net current assets decreased by £5,492, to £124,449.
## **Reserves policy**
The trustees have determined that the charity should aim to hold unrestricted cash of no less than £16,500 (which equates to about 3 months' of unrestricted expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £125,223 and the charity is complying with its reserves policy.
A building fund is maintained on the following basis:
Any gift to the building fund will be unrestricted but earmarked for the potential building fund. The requirement for a building funding will be reviewed by the elders no later than 31 December 2025. After which, if the fund has not been spent, the requirement will be reviewed, and any monies potentially re-purposed, at 5 year intervals.
## **Going concern**
There are no going concern uncertainties. The budget for 2023 anticipates a £8,788 surplus.
Page 2
## **The King's Church, Boston Spa**
## **TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **Key risks and uncertainties**
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
## **Responsibilities of trustees under company law**
The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:
1. select suitable accounting policies and apply them consistently;
2. observe the methods and principles in the Charities SORP;
3. make judgements and estimates that are reasonable and prudent;
4. state whether the applicable accounting standards have been followed, subject to any material departures
disclosed and explained in the financial statements; and
5. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will
continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Approval**
This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the trustees and signed on their behalf by:
## Philip Baraniak
Philip Baraniak
19/07/2023 Date: _________________________
Page 3
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF**
## **The King's Church, Boston Spa ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022 on pages 5 to 6 following, which have been prepared on the basis of the accounting policies set out on pages 7 to 12.
## **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**
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.
Sarah Crispin ACA
Stewardship 1 Lamb's Passage London EC1Y 8AB
Date:
Page 4
## **The King's Church, Boston Spa**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
|Note
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
3
Investments
4
Other income
5
**Total income and endowments**
**EXPENDITURE ON:**
Charitable activities
5
**Total expenditure**
**Net gains/(losses) on investments**
**Net income/(expenditure)**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
12|Unrestricted
Funds
£
86,270
298
-
86,569
93,138
93,138
-
(6,569)
(6,569)
131,897
125,328|Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-|Total
Funds
2022
£
86,270
298
-
86,569
93,138
93,138
-
(6,569)
(6,569)
131,897
125,328|Total
Funds
2021
£
95,170
166
-
95,336
110,285
110,285
-
(14,949)
(14,949)
146,846
131,897|
|---|---|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing operations.
The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.
The notes on page 7-12 form part of these accounts.
Page 5
## **The King's Church, Boston Spa**
## **BALANCE SHEET**
## **AS AT 31 DECEMBER 2022**
|Note
**FIXED ASSETS**
Tangible assets
7
**CURRENT ASSETS**
Debtors
8
Cash at bank and in hand
9
**CREDITORS: Amounts falling**
**due within one year**
10
**Net current assets / (liabilities)**
**Total assets less current liabilities**
**TOTAL NET ASSETS**
**FUND BALANCES**
12
Unrestricted Funds
General funds
Designated funds
Restricted Funds|Unrestricted
Funds
£
880
880
888
125,223
126,111
(1,663)
124,449
125,328
125,328
117,953
7,375
125,328
-
125,328|Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-|Total
Funds
2022
£
880
880
888
125,223
126,111
(1,663)
124,449
125,328
125,328
117,953
7,375
125,328
-
125,328|Total
Funds
2021
£
1,956
1,956
1,058
131,048
132,106
(2,165)
129,941
131,897
131,897
124,522
7,375
131,897
-
131,897|
|---|---|---|---|---|
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 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.
- The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities (a) ensuring that the charitable company keeps accounting records which 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 net income or expenditure 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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the Board of Directors and were signed on its behalf by:
---------------------------------------Philip Baraniak Philip Baraniak 19/07/2023 Date: ___________________
Company number: 6211852
Charity number: 1120828
The notes on page 7-12 form part of these accounts.
Page 6
## **The King's Church, Boston Spa**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **1 Statutory Information**
The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.
## **2 Accounting Policies**
These financial statements are prepared on a going concern basis, under the historical cost convention.
These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.
The principles adopted in the preparation of the financial statements are set out below.
## a) Going concern
The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
## b) 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.
The charity has relied significantly upon volunteers in carrying out its activities during the year. ln accordance with paragraph 6.1.8 of the SORP, the role of volunteers has not been recognised as income from donated services in the accounts.
Income from donations includes:
- i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.
## c) Expenditure
Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured
li bl The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.
Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements.
d) Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
f) Tangible fixed assets Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £500 and the item is expected to benefit the charity over more than one accounting period.
Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:
Page 7
## **The King's Church, Boston Spa**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
Fixtures and Fittings 25% on cost Computer equipment 33.3% on cost
The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.
## j) Pension scheme arrangements
The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.
The charity also contributes to the Elim Ministers Pension Fund, which is a multi-employer defined benefits pension scheme as described in Section 28 of FRS 102. The charity is not able to identify its share of the Scheme's assets and liabilities and, therefore, as permitted by FRS 102, the Scheme is accounted for as if it were a defined contribution pension scheme. Contributions to the Scheme are charged to the Statement of Financial Activities as they become payable. Further information about the Scheme is disclosed in note 10 'Pension Commitments'.
## k) Taxation
The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.
## n) Exemption from preparing a cashflow statement
The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.
## o) Critical accounting estimates and areas of judgement
The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.
## **3 Donations and legacies**
|Donations of cash and similar
Legacies receivable
Income tax recoverable
**4**
**Investment income**
Bank interest
**5**
**Charitable expenditure**
**a**
**Costs incurred directly on specific activities**
Salaries, travel and expenses
Telephone and utilities
Gifts to speakers
Catering
Rent and rates
Conferences and training
Miscellaneous expenses
Grants payable
**b**
**Costs incurred on support & administration**
Governance costs
Independent examiner's fee|2022
£
70,103
2,000
14,167
86,270
2022
£
298
298
2022
£
69,057
518
553
1,230
6,210
802
4,638
83,008
9,080
92,088
1,050
**1,050**|2021
£
79,437
-
15,733
95,170
2021
£
166
166
2021
£
80,774
553
687
866
3,967
1,048
6,412
94,307
15,000
109,307
978
**978**|
|---|---|---|
Page 8
## **The King's Church, Boston Spa**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **c Grants payable**
|Church activity
The charity's principal grants to institutions comprised:
Arab World Ministries
Elim Foursquare Gospel Alliance
Caring for Life
Grace Church, Boroughbridge
Grants to institutions for less than £1,000 each|2022
£
9,080
9,080
2022
£
8,000
1,000
-
-
80
9,080|2021
£
15,000
15,000
2021
£
7,500
2,000
2,000
2,000
1,500
15,000|
|---|---|---|
## **6 Analysis of staff costs, the cost of key management personnel and trustee remuneration**
The average monthly number of employees during the year was 1.7 (2021: 2). Most of the charity's activities are carried out by volunteers.
No staff received salaries at a rate of more than £60,000 per annum.
The charity's key management comprise the trustees and the key staff named on the Company Information page. Total employment benefits payable to key management for the year were as follows:
|Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Mr P J Baraniak
32,400
4,847
[name of trustee]
Other members of key management
27,597
4,266|2022
£
37,247
-
31,863
69,110|
|---|---|
The following amounts were payable in the previous year:
|Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Rev S Thompson
40,550
5,379
Other members of key management
30,353
4,492|2021
£
45,929
34,845
80,774|
|---|---|
Page 9
## **The King's Church, Boston Spa**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **7 Tangible fixed assets**
|Freehold
Leasehold
Property
Improvements
£
£
Cost
At 1 January 2022
Additions
Disposals
At 31 December 2022
-
-
Accumulated depreciation
At 1 January 2022
Charge for the year
Eliminated on disposal
At 31 December 2022
-
-
Net book value
At 31 December 2022
-
-
At 31 December 2021
-
-
**8**
**Debtors**
**Falling due within one year:**
Other debtors
Prepayments and accrued income
**Total debtors**
**9**
**Cash at Bank and in Hand**
Cash at bank
Notice deposits (with a term of three months or less)
**10**
**Creditors: liabilities falling due within one year**
Taxation and social security
Accruals|Fixtures
and fittings
£
2,025
2,025
1,378
322
1,700
325
647|Computer
equipment
£
2,562
(899)
1,663
1,253
754
(899)
1,108
555
1,309
2022
£
888
-
888
888
2022
£
108,107
17,116
125,223
2022
£
613
1,050
1,663|Total
2022
£
4,587
-
(899)
3,688
2,631
1,076
(899)
2,808
880
1,956
2021
£
1,047
11
1,058
1,058
2021
£
98,973
32,075
131,048
2021
£
1,042
1,123
2,165|
|---|---|---|---|
## **11 Pension commitments**
During the year employer’s pension contributions totalling £4,847 (2021: £4,492) were payable to defined contribution personal pension schemes.
## **Summary of pension contributions payable for year:**
The charity's pension contributions were as follows
|to the Elim Ministers Pension Fund (EMPF) defined benefit pension scheme
to defined contribution pension schemes|2022
£
4,266
4,847
9,113|2021
£
5,379
4,492
9,871|
|---|---|---|
Page 10
## **The King's Church, Boston Spa**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
The last full actuarial valuation was carried out as at 31 December 2021 and indicates a pension shortfall of £27.2m. However, the revised funding position, as at 17 March 2023 shows a shortfall of £11.4m which has been used as the appropriate deficit for the Recovery Plan calculations.
Senior members of Elim Foursquare Gospel Alliance's National Leadership Team have provided the charity with reassurances that we have no obligation towards clearing the deficit of the EMPF. These assurances have been accepted at face value and so any potential share of the EMPF deficit has not been included as a recognised liability in these financial statements.
As at 30 September 2022 the multi-employer pension scheme operated by Elim Foursquare Gospel Alliance (charity number 251549) had an accounting valued deficit of £20.2m (2021: £30.1m). This has been fully provided for in Elim's accounts and they have a payment plan to 1 December 2035 to make good the funding deficit. Further information about this defined benefits scheme are explained in the published consolidated accounts of that entity.
Other defined contribution pension schemes are made available to all other staff.
## **12 Funds**
During the year the movements in the charity's funds were as follows:
|_Designated Funds_
Building Fund
_General Unrestricted Funds_
Total Unrestricted Funds
Total of funds|Opening
balance
2022
£
7,375
7,375
124,522
131,897
131,897|Incoming
resources
2022
£
-
86,569
86,569
86,569|Outgoing
resources
2022
£
-
(93,138)
(93,138)
(93,138)|Transfers
in the year
2022
£
-
-
-|Gains and
losses
2022
£
-
-
-|Closing
balance
2022
£
7,375
7,375
117,953
125,328
125,328|
|---|---|---|---|---|---|---|
## **Analysis of net assets by fund**
The assets and liabilities of the various funds were as follows:
|Tangible fixed assets
Debtors
Investments held as current assets
Cash at bank and in hand
Creditors falling due within one year|General
Designated
funds
funds
£
£
880
888
-
117,848
7,375
(1,663)
117,953
7,375
Unrestricted Funds|Restricted
funds
£
-
-|2022
£
880
888
-
125,223
(1,663)
125,328|
|---|---|---|---|
Page 11
## **The King's Church, Boston Spa**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
In the previous year the movements in the charity's funds were as follows:
|_Designated Funds_
Building Fund
_General Unrestricted Funds_
Total Unrestricted Funds
Total of funds|Opening
balance
2021
£
7,375
7,375
139,471
146,846
146,846|Incoming
resources
2021
£
-
-
95,336
95,336
95,336|Outgoing
resources
2021
£
-
-
(110,285)
(110,285)
(110,285)|Transfers
in the year
2021
£
-
-
-
-|Gains and
losses
2021
£
-
-
-|Closing
balance
2021
£
7,375
7,375
124,522
131,897
131,897|
|---|---|---|---|---|---|---|
## **Analysis of net assets by fund**
In the previous year, the assets and liabilities of the various funds were as follows:
|Tangible fixed assets
Debtors
Investments held as current assets
Cash at bank and in hand
Creditors falling due within one year|General
Designated
funds
funds
£
£
1,956
1,058
-
123,673
7,375
(2,165)
124,522
7,375
Unrestricted Funds|Restricted
funds
£
-
-|2021
£
1,956
1,058
-
131,048
(2,165)
131,897|
|---|---|---|---|
## **13 Transactions with related parties**
During the year the charity:
a) received donations totalling £12,170 (2021: £19,277) from trustees. In addition, services were received free of charge by the charity from a company controlled by the trustee.
b) Stephen Thompson and Philip Baraniak have had expenses reimbursed to him as part of their role as Pastors of the church and not as a trustee of the charity that operates the church.
Apart for the above, there were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Page 12
## **The King's Church, Boston Spa**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
|Note
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
3
Investments
4
**Total income and endowments**
**EXPENDITURE ON:**
Charitable activities:
5
**Total Expenditure**
**Net gains/(losses) on investments**
**Net income/(expenditure)**
**Transfers between funds**
12
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
12||General
Designated
2022
2022
£
£
86,270
298
86,569
-
93,138
93,138
-
-
(6,569)
-
-
-
(6,569)
-
(6,569)
-
124,522
7,375
117,953
7,375
Unrestricted funds|Restricted
2022
£
-
-
-
-
-
-
-
-|Total
2022
£
86,270
298
86,569
93,138
93,138
-
(6,569)
-
(6,569)
(6,569)
131,897
125,328||General
Designated
2021
2021
£
£
95,170
166
95,336
-
110,285
110,285
-
-
(14,949)
-
-
-
(14,949)
-
(14,949)
-
139,471
7,375
124,522
7,375
Unrestricted funds|Restricted
2021
£
-
-
-
-
-
-
-
-|Total
2021
£
95,170
166
95,336
110,285
110,285
-
(14,949)
-
(14,949)
(14,949)
146,846
131,897|
|---|---|---|---|---|---|---|---|---|
Page 13