2022-12-31-accounts - Equippers Church Bristol

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Reference and Administrative Details. ,	,.....3
Trustees' Report	,4
Report ofthe Independent Auditor to the Trustees.
Statement ofFinancial Activities. ....,........,......,........	12
Balance Sheet	13
Statement ofCash Flows„,	15
Notes to the Financial Statements. .	16

			UnresfrlctecRestrtcted	UnresfrlctecRestrtcted	TOTAL	UnrestrictecRestricfed	UnrestrictecRestricfed	TOTAL
			funds	funds	year ended	tunds	tundh	year ended
			Der 2022	Dec 2022	Dec2022	Dec 2021	Dec 2021	Dec 2021
		Notes	E	5
INCOME
Donations			505,296		528462	504,878		504,878
Investrnenl Income			10,664		10,664	9,523		9,523
Income from charitable	octivlties		624		624	8,353		8,353
Incorre from tracling activ Ries			49,143		49,143	52,294	26,518	78,8I2
TOTAL INCOME			56$,727	22,966	588,693	575,048	26,518	601,566
EXPENDITURE
Expenditure on raising funds		6	11,679		11,679	9,996		9,996
Expenditure on charitable
activities		7	412.313	9,945	422,2$8	395,719	100	395,8I9
TOTAL EXPENDITURE			423,992	9,945433,937		405,715	100	405,815
NET INCOl!AE/(EXPENDITURE)			141,735	13,021	154,756	169.333	26,418	195.751
Transfer between funds
Revoluation Goin
NET MOVEMENT IN FUNDS			581,735	13,02'I	594,756	169,333	26,418	l95,751
FUNDS BROUGHT FORWARD			1.614,0$6	50,4'91	1.664,547	1,444,723	24,073	1,468,796
FUNDS CARRIED FORWARD		16	2,19$,791	63,512	' 2/59,303	1,614,056	50,491	1,664.547

	Edge Church	international Trustees'	(Registered number. 06461016) Report and Financial Statements	(Registered number. 06461016) Report and Financial Statements	(Registered number. 06461016) Report and Financial Statements
		For the Year Ended 31		December 2022
Statement ot Cash Flows
Forthe Year Ended 31December 2022
			31Dec 2022		31 Dec 2021
Cash flows from operaling activities Net income			154,756		i95,751
Depreciation of tangible fixed assets Interest paid increase in stocks			65,173 29,739 1		65,391 31,707 1,684
Decrease/(increase) in debtors (Decrease)/Increase in creditors			4,354 2,293		2,950 1,127
Net cash generated from operating	activities		247,606		290,456
Cash flows from Investing activlfies Purchase of tangible fixed assets			15489		46060
Disposal oftangible fixed assets
Net cash generated from investing	activities		15,489	-	46,060
Cash flows from financing activities Repayment of Bank Loan Interest paid			53,304 29,739	- -	61,557 31,707
Movement in group loan			57,753		13,771
Net cash used in financing activities			25290		79493
Net increase in cash and cash equivalents			206,828		164,903
CASH AND CASH EQUIVALENTS AT	THE BEGINNING OF THE YEAR		492,806		327,903
CASH AND CASH EQUIVALENTS AT	THE END OF THE YEAR		699,632		4923306
Cash and cash equivalents comprise;
Cash at bank			699,632		492,806

Note 2. Donations
			2022	2022	2022	2021
			Unrestricted	Restricted	Tofal	Total
			5	5	5	5
Tithes and other otferings	including	gift aid	462.847		462,847	442,979
Donations
Faith for the future Income including		gitt aid			42,449	61,899
Other restricted donations				22,966	22,966
Total			505,296	22,966	528&2	504,878
Forthe year ended 31December 2021			504,8?8		504,878
Note 3, Investment	Income		2022	2022	2022	2021
			Unrestricted	Restricted	Tolol	Total
			5	5	5
Bonk interest receivable			441		441
Income from solar panels			10&3		10,223	9,509
Total			10.bb4		10,664	9,523
For the year ended 31December 2021			9,523

ote 4.	Income from	Charitable Activities
			2022	2022	2022	2021
			Unrestricted	Restricted	Total	Total
				5	5	5
EYent registration income			624			8	353
For the year ended 31 December 2021			8353		8353
Note 5.	Income from	Trading ActivNes
			2022	2022	2022	2021
			Unrestricted	Restricted	Total	Total
			5	5	5
Chanly Shop hcome Resource and Cafe sales			10,163		~ 10,163	980 5,661
Venue Hire					38,802	39,870
Sponsorship ir Fundralsfng Other Income from lrading		activities	'178		178	26,518 5,783
			49,143		49,143	78.812
For the year	ended 31 December 2021		52294	26,518	?KBf2

Note 6. Expenditure
	2022	2022	2e?2	2021
	Unrestricted	Reslrlcted	Total	Total
	5	f.	5
Shop and resource	7,155		7,155	3.721
Rental property Sponsorship/Fundraising Support costs	4,524		4,524	100 6,117
	11,679		11,679	9,996
Forthe year ended 31December 2021			9,996

io employees earned more than F60,000in the mployees during the year was 3(2021:4) Note 11. Net Incoming/Outgoing Resources	year (2021:None), The average nu	mber of
		2021
This is stated afier charging:
Auditors Fees	6,000	4,300
Depreciation	65.173	65,391

te 13. Fixed Assets
		Freehold Land		Leasehold	Fixtures. Fttsngs L		Tangible Fixed Assets
		LBuildings E	improvements E		Equipment F.			Total E
As at lsl lanuary 2022 Cost Accumulated depreciation	ond Impairment	1,900.000 57SO-		14,561 13,756 - $5		446,063 316~ 129.759		2,360,624 387.$60 1,973,064
stet Book Amount
Year ended 31 December Opening net book amount	2022	1,842.500		805 4,496		129,759 10,993		1,973.064 15,489
Additions				10,551		10,551
monsters Tronster - accumulated deprecation Disposats- cost Disposols- depreciation Depreciation Revaluation / Irrpairment Closing ttet Book Amount		32,500 440,0CO 2,250.000	-	779 13,756 13,756 1.434 13,639		779 6,211 6,211 31.239 99,741		19,967 19,967 65,173 440,000 2,363,380
Net book value
At 31December 2022 Cost Accumulated deprecialon Net Book Amount	and IrrSsairment	2,250.000 2,250,000		15,852 2.213 13,639	-	440~4 340,553 99,741	-	2,706,146 342.766 2,363.380
31 December 2021		1.842,500		805		129.759		1,973,064