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|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')|
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|||||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|
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|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|
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|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|
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||||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|
##
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|||||||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|
##
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|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|
##
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|||||||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|