| Page | ||||
|---|---|---|---|---|
| Rcport ofthc Trustccs | 1 | io | G | |
| Independent Kxttllslllcl' |
s Repel t | |||
| Staierneni ofFinancial | &trctivittcs | |||
| Balance Shcct | 9 | to | 10 | |
| Notes to the Financial | Statements | l I | to | l7 |
| Detailed Statement of |
Financial Activities | l8 | io | 1') |
| Jubilee Church Hull |
Jubilee Church Hull |
|||||||
|---|---|---|---|---|---|---|---|---|
| Statement ofFinancial Activities | ||||||||
| for the Year Ended 31March 2023 | ||||||||
| 31/3/23 | 31/3/22 | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| funds | lund | funds | funds | |||||
| Notes | f | f | f. | |||||
| INCOME | AND ENDOWMENTS | FROM | ||||||
| Donations | and legacies | 384495 | 19,228 | 403,523 | 406,746 | |||
| Other trading activities |
3&737 | 3737 | 437 | |||||
| Total | 388,032 | 19v228 | 407,260 | 407,183 | ||||
| EXPENDITURE ON | ||||||||
| Raising funds | 388,118 | 388,118 | 345,139 | |||||
| Net gains | on investments | 278,404 | 278,404 | |||||
| NET INCOME | 278418 | 19,228 | 297,546 | 62,044 | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought fortvard |
418,057 | 418,057 | 356,013 | |||||
| TOTAL | FUNDS CARRIED FORWARD | 696,375 | 19,228 | 715,603 | 418,057 |
| 31 &B | Iarch ZOZ3 | ||||
|---|---|---|---|---|---|
| 11/3/21 | 31/3/22 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | I'u&nl | funds | funds | ||
| Notes | f. | f | 5 | f. | |
| FIXED ASSETS | |||||
| Tangible assets | 7 | 1,157,582 | 1,157,582 | 879,388 | |
| CURRENT ASSETS | |||||
| Debtors | 15,605 | 15,C)05 | 7,301 | ||
| Cash at bank and iu hand | 42,903 | 19,228 | 62,131 | 77,408 | |
| 58,508 | 19,228 | 77,736 | 84,709 | ||
| CREDITORS | |||||
| Amounts falling duc within onc year |
9 | (28,880) | (28,880) | (30,938) | |
| NET CURRENT ASSETS | 29,G28 | 19,228 | 48,856 | 53,771 | |
| TOTAL ASSETS LL'SS CURRENT | |||||
| LIABILITIES | 1,187,210 | 19,228 | 1,20G,436 | 933.159 | |
| CREDPCORS | |||||
| Amounts falling duc aller morc than onc yea& |
10 | (490,835) | (490,835) | (515,102) | |
| NErT ASSETS | C&9Cr,375 | 19,228 | 715,603 | 418,057 | |
| FUNDS | 12 | ||||
| Unrestricted funds |
69G,375 | 418,057 | |||
| Rcstrictcd lauds |
19,228 | ||||
| TOTAI FUNDS |
715,()03 | 418,057 |
| Nct. income/(c | xpcndi | turc) is stated aRcr chmging/(crediting): |
||
|---|---|---|---|---|
| 31/3/23 | 31/3/22 | |||
| f, | ||||
| Depreciation —owned assam Dclicit mt disposal ot' fixe&1 assets |
2,172 530 |
1,682 1,310 |
| STAI'F COSTS | STAI'F COSTS | STAI'F COSTS | |||
|---|---|---|---|---|---|
| Thc average monthly nontber ol'cmployces |
during thc year was as follows: | ||||
| 31/3/23 | 3I/3/22 | ||||
| Number ofstaff | 10 | 10 | |||
| No cntployees rcccived | emoluments | in excess off60,000. | |||
| COMPARATIVES FOR TIIK STATEMENT Olr FINANCIAL ACTIVITIES | |||||
| Unteslricted | Rcstrictcd | Total | |||
| funds | fund | funds | |||
| 6 | 6 | ||||
| INCOME AND ENDOIVfriENTS Donations and legacies |
FRONI 408,956 |
(2,210) | 406,746 | ||
| Other trading activities |
437 | ||||
| Total | 409,3')3 | (2,210) | 407.183 | ||
| EXPENDITURE ON tkaising limds |
345,139 | 345,139 | |||
| KT INCOME/(LrXPENDITURE) | 64,254 | (2,210) | 62,044 | ||
| RECONCILIATION OF FUNDS Total funds brought forward |
353.803 | 2.210 | 356,013 |
| Notes to the Financial Stnternents - for the Year Ended 31 March |
Notes to the Financial Stnternents - for the Year Ended 31 March |
coutinucd 20Z3 |
coutinucd 20Z3 |
||||
|---|---|---|---|---|---|---|---|
| COVMPARATIVFlg | FOR THE STATEMENT OF FINANCIAL | ACTIVITH;S - continued Vlucstrictcd Rcstrictcd |
Total | ||||
| funds | lund | iunds | |||||
| 6 | 8 | ||||||
| TOTAL lrUNDS CARRIED FORWAIID | 418,057 | 418,057 | |||||
| 7. | TANGIBLE FIXEI)ASSETS | ||||||
| Fixtures | |||||||
| Frccllold | and | ||||||
| propcrty | iittings | Totals | |||||
| COST OR VALUATION At I April 2022 Add&tines Revaluations |
821,59ti 278,404 |
191&497 1,962 |
1,013,093 1,962 278,404 |
||||
| At 31 March 2023 | 1,100,000 | 193,459 | 1,293,459 | ||||
| DEPRECIATION At I April 2022 Charge for year |
133,705 2,172 |
133,705 2&172 |
|||||
| At 31 March 2023 | 135,877 | 135,877 | |||||
| NET BOOK VALUE At 31March 2023 |
i,ion, ooo | 57,582 | 1,157,582 | ||||
| At 3 i March 2022 | 821,596 | 57,792 | 879,388 | ||||
| Cost or valuation | at | 31 March 2023 is rcprcscnted | by: | ||||
| Fixtures | |||||||
| Freehokl | anti | ||||||
| property | fittings | Totals | |||||
| f. | |||||||
| Valuation in 2023 Cost |
278,404 821,596 |
193,459 | 278,404 1&015,055 |
||||
| i,too,ono | 193,459 | 1,293,459 |
| 3I/3/23 | 3I/3/22 | ||||||
|---|---|---|---|---|---|---|---|
| L | |||||||
| Trade debtors | 7,738 | 5,301 | |||||
| Other debtors | 2,000 | ||||||
| pl'cpaytncltts | 7,867 | ||||||
| 15,605 | 7,301 | ||||||
| CREDITORS: AMOUNTS FALLING DUK M)ITJIJN ONE YEAR | |||||||
| 31/3/23 | 31/3/22 | ||||||
| 13auk loans and ovcrdrnbs Trade creditors |
(scc | note | I I) | 21,021 3&025 |
17,774 7.392 |
||
| Social sccull ty Bnd other taxes Other creditors |
2)752 875 |
2,826 875 |
|||||
| Credit cmd | 1,207 | 2,071 | |||||
| 28,880 | 30,938 | ||||||
| 10. | CREDITORS: AY11OUNTS FALLING DUE AI'TER MORE TIIAN ONK YEAR | ||||||
| 31/3/23 | 31/3/22 | ||||||
| 5 | I | ||||||
| Bank loans (sec nolc | I I) | 490,835 | 515,102 | ||||
| 11. | LOANS | ||||||
| An analysis ot'lhc mahlrity | of | loans is given below: | |||||
| 31/3/23 | 3I/3/22 | ||||||
| 8 | |||||||
| Amounts falling duc Baulk loans |
within onc year on demand: | 21,021 | 17,774 | ||||
| Amounts falling due betwccn Bank loans —2-5 years |
two | and live years: | 78,553 | 71,074 | |||
| Amounts I'ailing due |
in nlore than | live yems: | |||||
| Itepayable by instalments: Bank loans morc 5 yr by |
instal | 412,282 | 444,028 |
| MOVEMENT | IN FUNDS | ||||||
|---|---|---|---|---|---|---|---|
| Net | |||||||
| movement | At | ||||||
| At I/4/22 | in funds | 31/3/23 | |||||
| f | f. | ||||||
| Unrestricted | funds | ||||||
| General fund |
418,057 | (86) | 417,971 | ||||
| Property Fund |
278,404 | 278,404 | |||||
| 4181057 | 278,318 | 696,375 | |||||
| Restricted funds |
|||||||
| Restricted fund |
19,228 | 19,228 | |||||
| TOTAL FUNDS | 418,057 | 297,546 | 715,603 | ||||
| Net movement | in funds, included | in the above | are as follows: | ||||
| Incoming | Resources | Gains and | Movement | ||||
| resources | expended f |
losses f |
in funds | ||||
| Unrestricted | funds | ||||||
| General fund |
388,032 | (388,118) | (86) | ||||
| Property Fund |
278,404 | 278,404 | |||||
| 388,032 | (388,118) | 278,404 | 278,318 | ||||
| Restricted funds | |||||||
| Restricted fund |
19,228 | 19428 | |||||
| TOTAL FUNDS | 407,260 | (388,118) | 278,404 | 297,546 | |||
| Comparatives | for movement | in | funds | ||||
| Net | |||||||
| movement | At | ||||||
| At I/4/21 | in funds | 31/3/22 | |||||
| f. | f | ||||||
| Unrestricted | funds | ||||||
| General fund |
353.803 | 64,254 | 418.057 | ||||
| Restricted funds |
|||||||
| Restricted fund |
2,210 | (2.210) | |||||
| TOTAL FUNDS | 356,013 | 62,044 | 418,057 |
| Incoming | Resources | Movement | ||||||
|---|---|---|---|---|---|---|---|---|
| resources | expended | in funds f |
||||||
| Unrestricted funds |
||||||||
| Geneml fund |
409,393 | (345,139) | 64,254 | |||||
| Restricted funds |
||||||||
| Restricted | fund | (2.210) | (2.210) | |||||
| TOTAL | FUNDS | 407,183 | (345,139) | 62,044 | ||||
| A current | year 12months | and prior yau | 12 months | combined | position | is as follows; | ||
| Net | ||||||||
| movement | At | |||||||
| At I/4/21 | in funds | 31/3/23 | ||||||
| f, | ||||||||
| Unrestricted funds |
||||||||
| General | I'und | 353,803 | 64,168 | 417,971 | ||||
| Property | Fund | 278.404 | 278.404 | |||||
| 353,803 | 342,572 | 696.375 | ||||||
| Restricted fuads | ||||||||
| Restricted fund |
2,210 | 17,018 | 19,228 | |||||
| TOTAL | FUNDS | 356,013 | 359,590 | 715,603 |
| Inconting | Resources | Gains and | Movement | ||||
|---|---|---|---|---|---|---|---|
| resources f |
expended f |
losses f |
in funds f |
||||
| Unrestricted | funds | ||||||
| General | fund | 797,425 | (733,257) | 64,168 | |||
| Property | Fund | 278.404 | 278.404 | ||||
| 797.425 | (733.257) | 278.404 | 342.572 | ||||
| Restricted funds | |||||||
| Restricted | fund | 17.018 | 17.018 | ||||
| TOTAL | FUNDS | 814,443 | (733.257) | 278,404 | 359,590 |
| Detniled Statement ofFinancial | Activitim | |||||
|---|---|---|---|---|---|---|
| for thc Year Ended 31March | 2023 | |||||
| 31/3/23 | 3I/3/22 | |||||
| f, | ||||||
| INCOME AND | ENDOWMENTS | |||||
| Donations and |
legacies | |||||
| Gill aid offering | 131,666 | 142,407 | ||||
| Non gih aid oifcrings | 31&788 | 14,870 | ||||
| Gill day giving | 44,222 | 27,223 | ||||
| Rent received | 29,165 | 27,636 | ||||
| Grants rcceivcd | 88,878 | 42,437 | ||||
| Other income | C&7,005 | 106,437 | ||||
| TLG School it&con&c | 403 | 22,646 | ||||
| North Hull Incontc |
I0/96 | 23,090 | ||||
| 403,523 | 406,746 | |||||
| Other trnding | activities | |||||
| Weekend Away/Fusion/New |
Day | 3737 | 437 | |||
| Total inconting | resources | 407,260 | 407,183 | |||
| EXPENDITURE | ||||||
| Giber trading | activities | |||||
| '&Vages | 185,044 | I69.861 | ||||
| Bad debts | 570 | |||||
| 185,G14 | 169,861 | |||||
| Support costs | ||||||
| Mnnogement | ||||||
| Rates and water | 18,043 | 25,183 | ||||
| Insumnce | 7,450 | 7,976 | ||||
| Telephone | 2,856 | 2,937 | ||||
| Postage al&tl stat&one&y |
2,043 | 996 | ||||
| Advertising | 3444 | 8,930 | ||||
| Sundries | 10376 | 7,379 | ||||
| Travelling and conferences |
10&8G5 | 15,905 | ||||
| Cleaning | 6&,272 | G,798 | ||||
| Refreshmcnts | 3,591 | 2,003 | ||||
| Life college project | 6,298 | 3,620 | ||||
| Frontier and regions beyond | 27,204 | 7, 170 | ||||
| Pastoral care | and counselling | 742 | 2,680 | |||
| Building project | 26,898 | 2,425 | ||||
| Thank you gills 8:gestures | 1,068 | 1,473 | ||||
| TLG school costs | 380 | 2,053 | ||||
| Canied forward | 127,430 | 97,528 |
| Detailed Stntement ofFinancial Activities | |||||
|---|---|---|---|---|---|
| for thc Year Kndetl 31March 2023 | |||||
| 31/3/23 | 31/3/22 | ||||
| f. | T | ||||
| Managcmcnt | |||||
| Brought fotward | 127,430 | 97,528 | |||
| I.lomeless and |
nccdy | 2,116 | 3,574 | ||
| Alpha and outreach | 3,028 | 2,207 | |||
| Miscellaneous | expenses | 810 | 8,729 | ||
| Subscriptions | 1,153 | 1,104 | |||
| North Hull | 13&240 | 11,813 | |||
| Family llund Music, books |
and resources | 2,195 20 |
1,152 ll |
||
| Tl'el ning | 530 | 1,810 | |||
| Events | 2,430 | 1,086 | |||
| Youth ond siudent work | 4,133 | 43 | |||
| 157,085 | 129,057 | ||||
| Finnncc | |||||
| Bank charges | 510 | 520 | |||
| Depreciation | oftangible | fixed assets | 2)172 | 1,682 | |
| Loss on sale oftangible | fixed assets | (5003 | |||
| 2,682 | 1,702 | ||||
| Information | technology | ||||
| I&cpairs anil renewals | 12,817 | I1,048 | |||
| Other | |||||
| Moitgage | 22,360 | 25,479 | |||
| Governance | costs | ||||
| Accountancy | and legal fccs | 7,560 | 7,560 | ||
| Legal fees | 432 | ||||
| 7,560 | 7,992 | ||||
| Total rcsourccs | cxpcmled | 388,118 | 345,139 | ||
| Nct income | 19,142 | 62,044 |