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|---|---|---|---|
|Report ofthe|trustees|||
|Legal and administrative||information||
|Independent|examiner's|report||
|Statement
of|financial
activities|||
|Balance sheet||||
|Statement
of|cash flows|||
|Notes forming|part ofthe|financial statements|9-16|
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||||||||2022|||2021|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Un-|||Un-||
||||||Restricted|restricted|Total|Restricted|restricted|Total|
||||||||||As|restated|
|||||Notes||||E||E|
|Income|||||||||||
|Grants and donations||||3|45,861|220,104|265,965|17,478|250,617|268,095|
|income from charitable||activities|||||||||
|Weekend
Awayday|income|||||1,785|1,785||||
|Other income|||||1,704|24,659|26,363|6,753|13,134|19,887|
|Investment
income||||||834|834||156|156|
|Total income|||||47,565|247,382|294,947|24,231|263,907|288,138|
|Expenditure|||||||||||
|Expenditure
on charitable|||activities||||||||
|Provision of Church|facilities||||17,692|276,010|293,702|19,224|259,559|278,783|
|Total expenditure|||||17,692|276,010|293,702|19,224|259,559|278,783|
|Net income for the|year||||29,873|(28,628)|1,245|5,007|4,348|9,355|
|Transfers
between|funds||||4,419|(4,419)|||||
|Net movement
in funds|||||34,292|(33,047)|1,245|5,007|4,348|9,355|
|Reconciliation
offunds:|||||||||||
|Fund balances at 1|April 2021:||||||||||
|As previously
reported|||||22,441|168,733|191,174||||
|Prior year adjustment|||||(939)|(8,108)|(9,047)||||
|As restated|||||21,502|160,625|182,127|16,495|156,277|172,772|
|Fund balances at|31|INarch 2022||13|55,794|127,578|183,372|21,502|160,625|182,127|
##
|as at 31 March 2|022||||||
|---|---|---|---|---|---|---|
|||Notes||2022||2021|
|||||||As restated|
|Fixed assets|||||||
|Tangible assets||||||2,243|
|Current assets|||||||
|Debtors||10|157,261||169,541||
|Cash at bank and in|hand||30,462||33,014||
||||187,723||202,555||
|Creditors: amounts|falling||||||
|due within one year|||4,351||22,671||
|Net current assets||||183.372||179,884|
|Net assets||12||183,372||182,127|
|The funds ofthe charity:|||||||
|Unrestricted
income funds|||||||
|Designated
funds||||126,974||157,721|
|General funds||||603||2,903|
|Total unrestricted|funds|||127,577||160,624|
|Restricted income|funds|||55,795||21,503|
|Total funds||||183,372||182,127|
##
||||||2022|202$|
|---|---|---|---|---|---|---|
|||||||As restated|
|Net cash|used in operating|activities:|||||
|Net movement
in funds|||||1,245|9,355|
|Add back|depreciation
charge||||2,243|744|
|Increase|in debtors||||12,280|(24,489)|
|Decrease|in creditors||||(18,320)|17,014|
||||||(2,552)|2,624|
|Cash flows from investing||activities:|||||
|Purchase|oftangible assets|||||(2,498)|
|Change|in cash and cash|equivalents||in the year|(2,552)|126|
|Cash and cash equivalents||brought|forward||33,014|32,888|
|Cash and cash equivalents||carried forward|||30,462|33,014|
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|||||2022|2021|
|---|---|---|---|---|---|
|||Restricted|Unrestricted|Total|Total|
|||funds|funds|funds|funds|
||||||As restated|
|||||f|f.|
|Donations|and grants|44,154|186,740|230,894|232,183|
|Gift Aid recoverable||1,707|33,364|35,071|35,912|
|||45,861|220,104|265,965|268,095|
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|Expenditure|||||||||
|---|---|---|---|---|---|---|---|---|
|||||Basis of||Gover-|2022|2021|
|||||allocation|Church costs|nance|Total|Total|
|Costs directly allocated|||||||||
|to activities|||||||||
|Church and congregation|||activities||8,473||8,473|2,358|
|Licences and permits|||||625||625|562|
|Salaries, stipends|and|pension costs|||136,105||136,105|151,984|
|Minister accommodation|||||70,063||70,063|63,764|
|Other staff costs|||||4,282||4,282|1,218|
|Rent and utilities|of church||building||33,457||33,457|35,194|
|Training|||||180||180|93|
|Grants and donations||made|||19,942||19,942|12,300|
|Insurance|||||3,677||3,677|3,543|
|Consulting|||||4,800||4,800||
|Accountancy
and|payroll processing||||1,193|1,440|2,633|2,118|
|Supportcosts
allocated|||||||||
|to activities|||||||||
|Travel and subsistence||||Usage|552||552||
|Printing,
postage|and|stationery||Usage|186||186|364|
|Communications|and|IT||Usage|2,054||2,054|1,352|
|Books and publications||||Usage|400||400|493|
|Church
building
upkeep||||Usage|2,668||2,668|2,253|
|Bank charges||||Usage|176||176|74|
|Depreciation||||Usage|2,243||2,243|744|
|Other expenses||||Usage|1,157||1,157|369|
|Total resources|expended||||292,233|1,440|293,673|278,783|
|5|Net income|for the year||||
|---|---|---|---|---|---|
|||||2022|2021|
||Is stated after charging:||||F|
||Depreciation|and loss on|disposal oftangible fixed assets|2,243|744|
||independent|examination|fees|1,440|1,470|
##
|6|Staff costs and numbers|||
|---|---|---|---|
||Staff costs were as follows|2022f|2021|
||Wages and salaries|60,428|69,407|
||Stipend|50,700|55,200|
||Social security costs|6,402|7,113|
||Pension costs|20,752|22,776|
|||188,282|184,498|
|Ministers|||
|---|---|---|
|Administration|and|support|
|2022|2021|
|---|---|
|No.|No.|
|7|8|
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|Tangible fixed assets||||||||
|---|---|---|---|---|---|---|---|
||||||IT|Fixtures||
||||||equipment
R|8 fittings
f|Total|
|Cost||||||||
|At 1 April 2021|||||3,281|7,552|10,833|
|Additions||||||||
|Disposals - transferred|to Grace Chuch Hackney Community||CIO||(3,281)||(3,281)|
|At 31 March 2022||||||7,552|7,552|
|Depreciation||||||||
|At 1 April 2021|||||1,038|7,552|8,590|
|Charge for the year|||||821||821|
|Eliminated
on disposal|- transferred|to Grace Chuch Hackney|Community|CIO|(1,859)||(1,859)|
|At 31 March 2022||||||7,552|7,552|
|Net book values||||||||
|At 31 March 2022||||||||
|At 31 March 2021|||||2,243||2,243|
##
|||||
|---|---|---|---|
|Debtors||2022|2021|
||||As restated|
|Accounts receivable||100|958|
|Gift Aid recoverable||153,840|163,383|
|Other debtors||2,915|4,104|
|Prepayments
and accrued income||406|1,096|
|||157,261|169,541|
|Creditors: amounts|falling due within one year|2022|2021|
|Accounts payable||315||
|Social security and other taxation||162|259|
|Accruals and deferred|income|2,880|20,360|
|Other creditors||994|2,052|
|||4,351|22,671|
##
||||||13|||||
|---|---|---|---|---|---|---|---|---|---|
|12|Analysis ofnet assets||between|funds||Restricted|Designated|General|Total|
|||||||funds|funds|funds|funds|
||Current year||||||f|||
||Tangible fixed assets|||||||||
||Current assets|||||55,795|126,974|4,954|187,723|
||Current
liabilities|||||||(4,351)|(4,351)|
|||||||55,7S5|126,S74|603|163,372|
||Prior year - as restated|||||||||
||Tangible fixed assets||||||2,243||2,243|
||Current assets|||||21,503|155,478|25,574|202,555|
||Current
liabilities|||||||(22,671)|(22,671)|
|||||||21,503|157,721|2,903|182,127|
|13|INovement
in funds||||At 1||Expend-||At 31|
||||||April 21|Income|iture|Transfers|INarch 22|
||||||As restated|||||
||Current year|||||||||
||Restricted funds:|||||||||
||Grace Church
Hackney||- 6:10Fund||8,392|250|||8,642|
||Grace Church
Hackney||- Other fund||26||(16)||10|
||St Barnabas
Dalston|—CFW fund|||3,073|3,600|{11,092)|4,419||
||St Barnabas
Dalston|- HWNS fund|||1,531||(80)||1,451|
||StBarnabas
Dalston|-|6:10Fund||1,313||||1,313|
||St Barnabas
Dalston|—buildings||fund|4,442|27,657|(4,800)||27,299|
||St Barnabas
Dalston|—other fund|||2,035|14,354|||16,389|
||Staff furlough
scheme|claims||||1,704|{1,704)|||
||Other restricted
funds||||691||||691|
||Total restricted
funds||||21,503|47,565|17,692|4,419|55,795|
||Unrestricted
funds:|||||||||
||Designated
funds:|||||||||
||Grace Church
Hackney||fund||108,940|126,920|(153,115)||82,745|
||St Barnabas
Dalston|fund|||46,538|116,777|(114,667)|(4,419)|44,229|
||Tangible fixed assets|fund|||2,243|||(2,243)||
||||||157.721|243,697|(267,782)|(6,662)|126,974|
||General funds||||2,903|3,685|(8,228)|2,243|603|
||Total unrestricted
funds||||160,624|247,382|(276,010|(4,419)|127.577|
||Total funds||||182,127|294,947|(293,702)||183,372|
##
|Movement
in funds|(c|ontinued)|||||||
|---|---|---|---|---|---|---|---|---|
|||||At 1||Expend-||At 31|
|||||April 20|income|iture|Transfers|March 21|
||||||As restated|||As restated|
|Prior year||||||f.|f.||
|Restricted funds:|||||||||
|Grace Church
Hackney||- 6:10Fund||5,462|5,530|(2,600)||8,392|
|Grace Church
Hackney||—Other fund||26||||26|
|St Barnabas
Dalston|- CFW fund|||8,785|3,600|(9,312)||3,073|
|St Barnabas
Dalston|-|HWNS fund||1,531||||1,531|
|St Barnabas
Dalston|-|6:10Fund|||1,313|||1,313|
|St Barnabas
Dalston|-|buildings|fund||5,000|(558)||4,442|
|St Barnabas
Dalston|- other fund||||2,035|||2,035|
|Staff furlough
scheme|claims||||6,754|(6,754)|||
|Other restricted
funds||||691||||691|
|Total restricted
funds||||16,495|24,232|(19,224)||21,503|
|Unrestricted
funds:|||||||||
|Designated
funds:|||||||||
|Grace Church
Hackney||fund||89,210|165,268|(145,538)||108,940|
|St Barnabas
Dalston|fund|||61,029|97,347|(111,838)||46,538|
|Tangible fixed assets|fund|||489|||1,754|2,243|
|||||150,728|262,615|(257,376)|1,754|157,721|
|General funds||||5,549|1,291|(2,183)|(1,754)|2,903|
|Total unrestricted
funds||||156,277|263,906|259,559||160,624|
|Total funds||||172,772|288,138|(278,783)||182,127|
##
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|14|Commitments|in respect ofproperty|in respect ofproperty|in respect ofproperty|leases|leases|||||2022f|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||At 31 March|2022 the|Charity|had|future|minimum|lease|payments|under|non-cancellable|||
||operating
leases as follows:||||||||||||
||Not later than|one year|||||||||23,735|23,735|
||Later than one|year and|not later|than|five years||||||50,000|50,000|
||Five years and|over|||||||||1,050,000|1,062,500|
||||||||||||1,123,735|1,136,235|