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|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|
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||||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|
|alance Sheet
s at 31December|2022||||||
|---|---|---|---|---|---|---|
||||31|Dec 2022||31 Dec 2021|
|||Notes|||||
|FIXED ASSHS|||||||
|Tangible assets||13||2,363,380||1,973,064|
|||||2,363,380||1,973.064|
|CURRENT ASSHS|||||||
|Stock||||5,060||5,059|
|Debtors||l4||16,842||12,488|
|Cash at bonk and|in hand|||699,632||492.806|
|||||721,534||510,353|
|LIABILITIES|||||||
|Creditors. amounts|falling due within one year|15|-|131,596|-|69.478|
|NET CURRENT ASSHS||||589,938||440,875|
|NON CURRENT LIABILITIES|||||||
|Creditors: amounts|falling due ofter one year|15|-|6'94,015|-|749,392|
|NH ASSETS||||2.25'P.SM||l.664,547|
|THE FUNDS OF THE CHARiTY|||||||
|Unrestricted
income fund||||2,195,791||1,614,056|
|Restricted income|fund|||63,512||50,491|
|TOTAL FUNDS||16||2M9.303||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|(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|
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|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|||
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|Note 6.
Expenditure|on Raising Funds|||||
|---|---|---|---|---|---|
|||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||
##
|ote 7.
Expenditure|on Charitable
|Activities||||||
|---|---|---|---|---|---|---|---|
||Church|||||||
||Arttvtttes|Financing|5venls|Missions|Total|2021||
||5|f.|5|5||||
|Unrestricted
Funds||||||||
|Direct costs|157578|29,739|633||187,950|152,741||
|Support costs|201,927
359,505|29,739|11,218
11,851|Ttgts
11218|224,363
412313|242,978
395,719||
|Restricted
Funds||||||||
|Direct costs||||9,945|9.945||100|
|||||9,945|9,945||100|
|31December 2022|359,505|29.739|11.851|21,164|422.258|395,819||
|31December 2021|330,943|31,707|20,921|12248|395,819|||
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|||||Cash ot||||
|---|---|---|---|---|---|---|---|
|||||generating|Charitable|Total|Total|
|||||funds|acsvies|2022|2021|
||||||5|8|5|
|Administration|||||17,965|18,913|l7.727|
|Depreciation|||||65,173|65,173|65,3'9l|
|Travel||||||||
|Prerrises|||||73,253|73~3|61,384|
|Salaries||||3,201|60,812|64,013|98,808|
|Governance|Costs|||377|7,159|7,536|5.785|
|Impai'ment|charge/(release)|on|revaluation|||||
|||||4,524|224,363|228,888|249,095|
##
|te 10.
Staff Costs|||
|---|---|---|
||2022||
||5||
|Salary costs|61,875|90,015|
|Social security costs|1,300|7.099|
|Pension costs||1.573|
||64,013|98,687|
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|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|
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|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|
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|||||2021|
|---|---|---|---|---|
|Gift oid|recoverable||10,608|4,33l|
|Prepoyments|||5,488|6,608|
|Amounts|due from associated|entity|||
|Other debtors||||1,549|
||||f6.842|~i488|
##
|te 15.|Creditors|||
|---|---|---|---|
||||2021|
||||5|
|Amounts|falling due within one year|||
|Trade creditors||4,774||
|Accruals||7,259|5,251|
|Taxation|and social security|1,687|3,889|
|Bonk Loans||55,382|53,X6|
|Arrnunts|due to associated entity|57,752||
|Other creditors||4,742|7,029|
|||131.596|69,478|
||||2021|
||||5|
|Amounts|falling due a8er one year|||
|1-2yeors||57,461|55,382|
|2-5years||186.367|179.322|
|&5years||450.187|5'I4,688|
|Bank Loans||694,015|749,392|
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||||Opening|||||||Closing|
|---|---|---|---|---|---|---|---|---|---|---|
||||Fund Balances|Incoming||Outgoing|||Building|Fund|
||||Restated|Resources|Resources||Transfer||RevaluaHon|Balances|
||||5|5||F.|||5||
|Unrestricted||funds|1,614.056|565,727|-|4?3,992||0.00|440,000|2,195,791|
|8uilding|fund||||||||||
|Cafrs|||||||||||
|Transform Cambodia|||||||||||
|Run to|Red||50,491|2?.966|-|9,945||||63,512|
|Restricted||funds|50,491|2?.'966|-|9,945||||63,512|
|Total funds|||1,664,547|5SS.693|-|433,937|||440,000|2.259.303|
##
|||Unreslrlcled|Restricted|||
|---|---|---|---|---|---|
|||Funds|Funds||1'otal|
|||5|5||f|
|Fixed Assets||2363.380|||2.363,380|
|Current Assets||660.435|61.099||721.534|
|Current
Liabilities||134,009|2A13||131.596|
|Non Current|Liabiiities|694.015|||694,015|
|31December|2022|2.195,792|63,512||2,259,304|
|Fixed Assets||1,967,960|5.104||1,973,064|
|Current Assets||467.735|42.618||510.353|
|Current Liablties||72,247|2.769|-|69,478|
|Non Current|Liabi!ilies|749,392|||749,392|
|31December|2021|1,614.056|50,491||1,664,547|
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