2022-09-30-accounts - All Nations Christian Centre (Wolverhampton)

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			Page
Report ofthe Trustees		1	to	7
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet			10
Cash Flow Statement
Notes to the Cash Flow	Statement		12
Notes to the Financial Statements		14	to	22

Statement of Financi for the Year Ended	al Activitie 30Septemb	s er 2022
						30.9.22	30.9.21
				Unrestricted fund	Restricted funds	Total funds	Total funds
			Notes			F
INCOME AND ENDOWMENTS Donations and legacies		FROM	2	759,398	56,120	815,518	615,509
Charitable activities							6,000
Corporate Worship Administration					1,000	1,000	2,000
Other trading activities Investment income				9,515 3	525 1	10,040 4	9,341 422
Total				768,916	57,646	826,562	633,272
EXPENDITURE ON Raising funds				48,230	51,960	100,190	54,718
Charitable activities Corporate Worship Administration				150,906 367,064	2,092 65,426	152,998 432,490	408,604 79,740
Total				566,200	119,478	685,678	543,062
NET INCOME/(EXPENDITURE)				202,716	(61,832)	140,884	90,210
RECONCILIATION Total funds brought	OF FUNDS forward			512,105	1,023,056	1,535,161	1,444,951
TOTAL FUNDS CARRIED FORWARD				714,821	961,224	1,676,045	1,535,161

Cash Flow Statement for the Year Ended 30Sept	ember 2022
			30.9.22	30.9.21
		Notes
Cash flows from operating activities Cash generated from operations Finance costs paid			353,894 (29,099)	110,535 (29,118)
Net cash provided by operating activities			324,795	81,417
Cash flows from investing activities Purchase of tangible fixed assets				(683) 422
Interest received
Net cash provided by/(used	in) investing	activities		(261)
Change in cash and cash the reporting period Cash and cash equivalents beginning ofthe reporting	equivalents at the period	in	324,799 416,404	81,156 335,248
Cash and cash equivalents the reporting period	at the end	of	456,018	416,404

for t	he Year Ended 30Sep	tember 2022	tember 2022	tember 2022	tember 2022
1.	RECONCILIATION	OF NET INCOME TO NET CASH				FLOW FROM OPERATING	ACTIVITIES
							30.9.22	30.9.21
								E
	Net income for the	reporting			period (as per the Statement of Financial
	Activities)						140,884	90,210
	Adjustments for:
	Depreciation charges						61,784	66,866
	Interest received						(4)	(422)
	Finance costs						29,099	29,118
	Decrease/(increase)	in	debtors				100,784	(26,153)
	Increase/(decrease)	in	creditors				21,347	(49,084)
	Net cash provided	by	operations				353,894	110,535
2.	ANALYSIS OF CHANGES			IN NET DEBT
						At 1.10.21	Cash flow	At 30.9.22
	Net cash
	Cash at bank and in	hand				416,404	39,614	456,018
						416,404	39,614	456,018
	Debt
	Debts falling due within		1 year			(26,840)	8,956	(17,884)
	Debts falling due after 1 year					(762,898)	16,604	(746,294)
						(789,738)	25,560	(764,178)
	Total					(373,334)	65,174	(308,160)

All Nations Christian Centre (Wolverhampton)	All Nations Christian Centre (Wolverhampton)	All Nations Christian Centre (Wolverhampton)
Notes to the Financial Statements			-continued
forthe Year Ended 30September			2022
2.	DONATIONS AND LEGACIES				30.9.22	30.9.2'i
					E
	Donations Gift aid Grants Donated services and facilities				741,558 72,490 949 521	557,079 58,430
					815,518	615,509
	Grants received, included	in	the	above, are as follows:
					30.9.22	30.9.21
					E	F
	Other grants				949
3.	OTHER TRADING ACTIVITIES				30.9.22	30.9.21
	Shop income Other trading activities				525 9,515	9,341
					10,040	9,341
4.	INVESTNIENT INCOME				30.9.22	30.9.21
	Deposit account interest				4	422
	INCOME FROM CHARITABLE			ACTIVITIES	30.9.22	30.9.21
	Venue hire Venue hire			Activity Corporate Worship Administration	1,000	6,000
	Grants			Administration		2,000
					1,000	8,000
	Grants received, included	in	the	above, are as follows:	30.9.22	30.9.21


Raising don	ations	and	legacies	30.9.22	30.9.21
					E
				4,899	14,676
Staff costs				226
Video production				94,730	40,042
Supportcosts
				99,855	54,718
Investment	management		costs	30.9.22	30.9.21
				F
				83
Administrative	expenses			252
Communications		printing
				335
				100,190	54,718

CHARITABLE ACTIVITIES COSTS		Grant
		funding of
		activities	Support
	Direct Costs	(see note 8)	costs (see note 9) E	Totals E
Corporate Worship Administration	2,873 260,037	30,316	150,125 142,137	152,998 432,490
	262,910	30,316	292,262	585,488
GRANTS PAYABLE			30.9.22	30.9.21
Corporate Worship Administration			30,316	22,500
			30,316	22,500

SPPORTCOST
U				Information	Human
		Management	Finance F	technology E	resources E
Raising donations Corporate Worship Administration	and legacies	31,438 60,624	11,559	1,508 17,829	150,125 6,234
		92,062	11,559	19,337	156,359

STAFF COSTS
			30.9.22	30.9.21 f
Wages and salaries			248,670	209,779
Social security costs			11,367	584
Other pension costs			4,899	4,671
			264,936	215,034
The average monthly	number ofemployees	during the year was as follows:
			30.9.22	30.9.21
Management			3	3
Ministry			4	4
Administration			7	7
			14	14

for th	e Year Ended 30September 2022	e Year Ended 30September 2022	e Year Ended 30September 2022
13.	COINPARATIVES FOR THE STATEIIENT OF FINANCIAL ACTIVITIES Unrestncted			Restricted	Total
			fund	funds	funds
			E	f.
	INCOME AND ENDOWMENTS Donations and legacies	FROM	532,821	82,688	615,509
	Charitable activities Corporate Worship Administration		6,000	2,000	6,000 2,000
	Other trading activities Investment income		9,341 304	118	9,341 422
	Total		548,466	84,806	633,272
	EXPENDITURE ON Raising funds		307	54,411	54,718
	Charitable activities Corporate Worship Administration		385,602 12,332	23,002 67,408	408,604 79,740
	Total		398,241	144,821	543,062
	NET INCOME/(EXPENDITURE) Transfers between funds		150,225 (63,989)	(60,015) 63,989	90,210
	Net movement in funds		86,236	3,974	90,210
	RECONCILIATION OF FUNDS Total funds brought forward		425,869	1,019,082	1,444,951
	TOTAL FUNDS CARRIED FORWARD		512,105	1,023,056	1,535,161
14.	TANGIBLE FIXEDASSETS			Improvements
			Freehold	to	Plant and
			property E	property E	machinery f
	COST At 1 October 2021 and 30September 2022		2,212,652	18,920	272,226
	DEPRECIATION At 1 October 2021 Charge for year		308,928 8,594	5,676 37,551	216,115 14,028
	At 30September 2022		317,522	43,227	230,143
	NET BOOKVALUE At 30September 2022		1,895,130	(24,307)	42,083
	At 30September 2021		1,903,724	13,244	56,111

for th	e Year Ended 30September 2	e Year Ended 30September 2	022
14.	TANGIBLE FIXED ASSETS-		continued	Fixtures
				and	Computer
				fittings	equipment	Totals
	COST At 1 October 2021 and 30	September 2022		30,127	27,794	2,561,719
	DEPRECIATION At 1 October 2021 Charge for year			26,654 694	22,578 916	579,951 61,783
	At 30 September 2022			27,348	23,494	641,734
	NET BOOK VALUE At 30September 2022			2,779	4,300	1,919,985
	At 30September 2021			3,473	5,216	1,981,768
15.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR				30.9.22	30.9.21
	Other debtors				128,935	68,021
16.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR			30.9.22 f	30.9.21 F
	Bank loans and overdrafts (see note 18) Social security and other taxes Other creditors Pension control account				17,884 (4,792) 69,162 345	26,840 4,421 136,119 754
					82,599	168,134
17.	CREDITORS: AMOUNTS	FALLING DUE AFTER MORE THAN		ONE YEAR	30.9.22	30.9.21
	Bank loans (see note 18)				746,294	762,898
18.	LOANS
	An analysis ofthe maturity	of	loans is given below:
					30.9.22	30.9.21
	Amounts falling due within Bank loans	one year on demand:			17,884	26,840
	Amounts falling between one Bank loans -1-2 years		and two years:		27,523	27,610
	Amounts falling due between Bank loans -2-5 years		two and five years:		93,124	90,102
	Amounts falling due in more than five years:
	Repayable by instalments: Bank loans more 5yr by instal				625,647	645,186

MOVEMENT IN FU
			Net
		At	movement	At
		1.10.21	in funds	30.9.22
Unrestricted funds General Fund		512,105	202,716	714,821
Restricted funds Building Fund Missions Spiwe Straits Community Church Grace Building Fund Whitmore Reans Community	Project	861,569 12,897 14,483 112,592 11,254 10,261	(64,587) (11,321) 220 6,671 5,388 1,797	796,982 1,576 14,703 119,263 16,642 12,058
		1,023,056	(61,832)	961,224
TOTALFUNDS		1,535,161	140,884	1,676,045

Net movement in fu	ded in the above are a	s follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		E	E
Unrestricted funds General Fund		768,916	(566,200)	202,716
Restricted funds Building Fund Missions Spiwe Straits Community Church Grace Building Fund Whitmore Reans Community	Project	14,392 13,240 722 14,816 7,280 7,196	(78,979) (24,561) (502) (8,145) (1,892) (5,399)	(64,587) (11,321) 220 6,671 5,388 1,797
		57,646	(119,478)	(61,832)
TOTALFUNDS		826,562	(685,678)	140,884

Comparatives for	t in funds
			Net	Transfers
		At	movement	between	At
		1.10.20	in funds	funds	30.9.21
			E	F-
Unrestricted funds
General Fund		425,869	150,225	(63,989)	512,105
Restricted funds
Building Fund Missions Spiwe Straits Community Church Grace Building Fund Whitmore Reans Community	Project	886,100 18,316 12,663 89,327 15,136 (2,460)	(60,563) (9,560) 4,890 7,954 (6,568) 3,832	36,032 4,141 (3,070) 15,311 2,686 8,889	861,569 12,897 14,483 112,592 11,254 10,261
		1,019,082	(60,015)	63,989	1,023,056
TOTAL FUNDS		1,444,951	90,210		1,535,161

Comparative net movement	in	funds, included in th	e above are	as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
						E
Unrestricted funds General Fund				548,466	(398,241)	150,225
Restricted funds Building Fund Missions Spiwe Straits Community Church Grace Building Fund Whitmore Reans Community		Project		19,259 13,322 5,708 19,046 10,003 17,468	(79,822) (22,882) (818) (11,092) (16,571) (13,636)	(60,563) (9,560) 4,890 7,954 (6,568) 3,832
				84,806	(144,821)	(60,015)
TOTAL FUNDS				633,272	(543,062)	90,210
A current year 12months	and	prior year 12months	combined	position is as follows:
				Net	Transfers
			At	movement	between	At
			1.10.20	in funds	funds	30.9.22 f
Unrestricted funds General Fund			425,869	352,941	(63,989)	714,821
Restricted funds Building Fund Missions Spiwe Straits Community Church Grace Building Fund Whitmore Reans Community		Project	886,100 'l8,316 12,663 89,327 15,136 (2,460)	(125,150) (20,881) 5,110 14,625 (1,180) 5,629	36,032 4,141 (3,070) 15,311 2,686 8,889	796,982 1,576 14,703 119,263 16,642 12,058
			1,019,082	(121,847)	63,989	961,224
TOTAL FUNDS			1,444,951	231,094		1,676,045

A current year 12 m as follows:	d prior year 12 months	combined net movement in	funds, included i	n the above a
		Incoming	Resources	Movement
		resources	expended	in funds
			E	E
Unrestricted funds
General Fund		1,317,382	(964,441)	352,941
Restricted funds
Building Fund Missions		33,651 26,562	(158,801) (47,443)	(125,150) (20,881)
Spiwe Straits Community Church Grace Building Fund Whitmore Reans Community	Project	6,430 33,862 17,283 24,664	(1,320) (19,237) (18,463) (19,035)	5,110 14,625 (1,180) 5,629
		142,452	(264,299)	(121,847)
TOTAL FUNDS		1,459,834	(1,228,740)	231,094