##
|||Page||
|---|---|---|---|
|Report ofthe Trustees||1 to|10|
|Independent
Examiner's|Report|||
|Statement of Financial|Activities|12||
|Balance Sheet||13 to|14|
|Notes to the Financial Statements||15 to|26|
|Detailed Statement of Financial Activities||27 to|28|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Tota
I|Tota I|
|||||||fund|funds|funds|funds|
||||||Notes|f|f|f|f|
|INCOME AND|ENDOWMENTS|||FROM||||||
|Donations
and|legacies||||2|153,927|32,161|186,088|221,719|
|Investment
income|||||3|2,938|3,066|6,004|4,179|
|Other income||||||174||174||
|Total||||||157,039|35,227|192,266|225,898|
|EXPENDITURE|ON|||||||||
|Charitable
activities||||||||||
|Charitable
activities||||||133,903||133,903|114,216|
|Donations
paid|||||||11,635|11,635|4,566|
|Governance
costs||||||2,010||2,010|1,200|
|Total||||||135,913|11,635|147,548|119,982|
|NET INCOME||||||21,126|23,592|44,718|105,916|
|Transfers between|||funds||15|(103)|103|||
|Net movement|in|funds||||21,023|23,695|44,718|105,916|
|RECONCILIATION||OF FUNDS||||||||
|Total funds brought|||forward|||172,110|549,628|721,738|615,822|
|TOTAL FUNDS|CARRIED FORWARD|||||193,133|573,323|766,456|721,738|
##
|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Tota I|Total|
|||fund|funds|funds|funds|
||Notes|f|f|f|f|
|FIXED ASSETS||||||
|Tangible assets|12|2,280||2,280|1,955|
|CURRENT ASSETS||||||
|Debtors|13|3,610|500|4,110|29,735|
|Cash at bank and in hand||191,757|572,823|764,580|694,635|
|||195,367|573,323|768,690|724,370|
|CREDITORS||||||
|Amounts
falling due within one year|14|(4,514)||(4,514)|(4,587)|
|NET CURRENT ASSETS||190,853|573,323|764,176|719,783|
|TOTAL ASSETS LESSCURRENT LIABILITIES||193,133|573,323|766,456|721,738|
|NET ASSETS||193,133|573,323|766,456|721,738|
|FUNDS|15|||||
|Unrestricted
funds||||193,133|172,110|
|Restricted
funds||||573,323|549,628|
|TOTAL FUNDS||||766,456|721,738|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||f|E|
||Donations|||180,013|206,776|
||Grants|||6,075|14,943|
|||||186,088|221,719|
||Grants received,|included|in the above, are as follows:|||
|||||2022|2021|
|||||E|f|
||Other grants|||6,075|14,943|
|3.|INVESTMENT INCOME|||||
|||||2022|2021|
|||||f|f|
||Deposit account|interest||3,091|4,179|
||Other interest receivable|||2,913||
|||||6,004|4,179|
##
##
##
||||||||Grant|||
|---|---|---|---|---|---|---|---|---|---|
||||||||funding of|||
|||||||Direct|activities|Support||
|||||||Costs (see|(see note|costs (see||
|||||||note 5)
f|6)
f|note 7)
f|Totals
f|
||C ha rita b le|activities||||17,662|9,030|107,211|133,903|
||Donations|paid|||||11,635||11,635|
||Governance||costs|||||2,010|2,010|
|||||||17,662|20,665|109,221|147,548|
|5.|DIRECT COSTS|||OF CHARITABLE ACTIVITIES||||||
|||||||||2022|2021|
|||||||||f|E|
||Advertising|||||||690|630|
||Services (k|outreach||||||6,902|1,951|
||Travelling|||||||141||
||Hall hire|||||||9,636|(991)|
||Equipment|Ik maintenance||||||293|244|
|||||||||17,662|1,834|
|6.|GRANTS PAYABLE|||||||||
|||||||||2022|2021|
|||||||||f|f|
||Charitable|activities||||||9,030|8,496|
||Donations|paid||||||11,635|4,566|
|||||||||20,665|13,062|
||The total grants|||paid to institutions|during|the year was as||||
||follows:|||||||||
|||||||||2022|2021|
|||||||||E|f|
||Catalyst|||||||3,600|3,600|
||Christ Church||Hailsham|||||1,800|1,800|
|||||||||5,400|5,400|
##
##
||||Governance||
|---|---|---|---|---|
|||Management|costs|Tota Is|
|||E|E|E|
|Charitable|activities|107,211||107,211|
|Governance|costs||2,010|2,010|
|||107,211|2,010|109,221|
|Support cost|s, in|cluded|in the above, are|as follows:||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||Charitable|Governance|Tota
I|Total|
|||||activities|costs|activities|activities|
|||||E|E|E|E|
|Trustees'
remuneration|||etc|46,962||46,962|46,989|
|Wages||||39,037||39,037|39,037|
|Social security||||1,187||1,187|1,214|
|Pensions||||1,471||1,471|1,471|
|Other operating||leases||7,255||7,255|6,931|
|Insurance||||2,080||2,080|1,276|
|Communications||||2,372||2,372|679|
|Postage and|stationery|||1,128||1,128|1,500|
|Office supplies||||423||423|83|
|Subscriptions|Ik resources|||732||732|870|
|Professional|fees|||2,951||2,951|2,326|
|Bank charges||||(2,296)||(2,296)|30|
|Staff costs||||1,932||1,932|188|
|Motor expenses||||1,023||1,023|564|
|Depreciation|oftangible||and heritage|||||
|assets||||954||954|728|
|Accountancy|fees||||2,010|2,010|1,200|
|||||107,211|2,010|109,221|105,086|
##
##
##
##
|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||||f|f|
|Depreciation
-owned assets||||||||954|728|
|Other operating
leases||||||||7,255|6,931|
|Surplus on disposal offixed assets||||||||(174)||
|TRUSTEES' REMUNERATION||AND BENEFITS||||||||
|||||||||2022|2021|
|||||||||E|f|
|Trustees'
salaries||||||||43,097|43,097|
|Trustees'
social security||||||||2,141|2,168|
|Trustees'
pension
contributions|||to money||purchase|schemes||1,724|1,724|
|||||||||46,962|46,989|
|Dr A0 Ward received|remuneration|||during the year|||in relation to|his role within
the|Church
whi|
|includes
preaching,
training||and|overseas||missions.|||||
|Trustees' expenses||||||||||
|During the year, two (2021:two) trustees|||||received|reimbursements||oftravel and other|employmen|
|related expenses amounting||to|F895|(2021:f299).||||||
|STAFF COSTS (INCLUDING TRUSTEES'||||REMUNERATION)||||||
|||||||||2022|2021|
|||||||||F.|f|
|Wages and salaries||||||||82,134|82,134|
|Social security costs||||||||3,328|3,382|
|Other pension costs||||||||3,195|3,195|
|||||||||88,657|88,711|
|||||2022|2021|
|---|---|---|---|---|---|
|Charitable|activities|and|administration|4|4|
##
||Notes to the Financial Statements
-contInued
for the Year Ended 31March 2022|Notes to the Financial Statements
-contInued
for the Year Ended 31March 2022|Notes to the Financial Statements
-contInued
for the Year Ended 31March 2022|Notes to the Financial Statements
-contInued
for the Year Ended 31March 2022|||
|---|---|---|---|---|---|---|
|11.|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||
|||||Unrestricted|Restricted|Tota
I|
|||||fund|funds|funds|
|||||E|f|f|
||INCOME AND ENDOWMENTS||FROM||||
||Donations|and legacies||168,987|52,732|221,719|
||Investment|income||24|4,155|4,179|
||Total|||169,011|56,887|225,898|
||EXPENDITURE ON||||||
||Charitable|activities|||||
||Charitable|activities||114,216||114,216|
||Donations|paid|||4,566|4,566|
||Governance|costs||1,200||1,200|
||Total|||115,416|4,566|119,982|
||NET INCOME|||53,595|52,321|105,916|
||RECONCILIATION
OF FUNDS||||||
||Total funds|brought forward||118,515|497,307|615,822|
||TOTAL FUNDS CARRIED FORWARD|||172,110|549,628|721,738|
##
||Notes to the Financial Statements
for the Year Ended 31March|Notes to the Financial Statements
for the Year Ended 31March|-continued
2022|||
|---|---|---|---|---|---|
|12.|TANGIBLE FIXED ASSETS|||||
||||Motor|Computer||
||||vehicles|equipment|Totals|
||||f|f|f|
||COST|||||
||At 1April 2021||8,394|1,037|9,431|
||Additions|||1,279|1,279|
||At 31March 2022||8,394|2,316|10,710|
||DEPRECIATION|||||
||At 1April 2021||6,900|576|7,476|
||Charge for year||374|580|954|
||At 31March 2022||7,274|1,156|8,430|
||NET BOOK VALUE|||||
||At 31March 2022||1,120|1,160|2,280|
||At 31March 2021||1,494|461|1,955|
|13.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|||||2022|2021|
|||||f|f|
||Other debtors||||1,957|
||Prepayments|||1,765|1,983|
||Accrued income|||2,345|25,795|
|||||4,110|29,735|
##
##
|CREDITORS:|AM|OUNTS
FALLING|DUE WITHIN ON|E YEAR||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||||f|f|
|Trade creditors||||||197|384|
|Social security|and other taxes|||||1,828|1,834|
|Other creditors||||||479|479|
|Accrued expenses||||||2,010|1,890|
|||||||4,514|4,587|
|MOVEMENT|IN|FUNDS||||||
||||||Net|Transfers||
||||||movement|between|At|
||||At 1.4.21||in funds|funds|31.3.22|
||||f||E|f|E|
|Unrestricted|funds|||||||
|General
fund|||172,110||21,126|(103)|193,133|
|Restricted
funds||||||||
|D Ik 5Adjei||||385|254||639|
|Specific Gifts|||1,824||(750)||1,074|
|Building
Fund|||542,422||28,859||571,281|
|Newfrontiers|Fund|||209|||209|
|Toddlers||||120|||120|
|Bulgaria
Fund|||4,668||(4,771)|103||
||||549,628||23,592|103|573,323|
|TOTAL FUNDS|||721,738||44,718||766,456|
|Net movement||in funds, included|in the above are|as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||f|f|f|
|Unrestricted|funds|||||||
|General fund|||||157,039|(135,913)|21,126|
|Restricted funds||||||||
|D Ik SAdjei|||||254||254|
|Specific Gifts|||||500|(1,250)|(750)|
|Building
Fund|||||28,859||28,859|
|Bulgaria
Fund|||||5,614|(10,385)|(4,771)|
||||||35,227|(11,635)|23,592|
|TOTAL FUNDS|||||192,266|(147,548)|44,718|
##
##
##
##
##
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.4.20|in funds|31.3.21|
||||E|f|E|
|Unrestricted|funds|||||
|General fund|||118,515|53,595|172,110|
|Restricted
funds||||||
|D IE5 Adjei|||779|(394)|385|
|Specific Gifts|||(126)|1,950|1,824|
|Building
Fund|||496,325|46,097|542,422|
|Newfrontiers|Fund||209||209|
|Toddlers|||120||120|
|Bulgaria
Fund||||4,668|4,668|
||||497,307|52,321|549,628|
|TOTAL FUNDS|||615,822|105,916|721,738|
|Comparative|net movement|in funds, included|in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||f|f|f|
|Unrestricted|funds|||||
|General fund|||169,011|(115,416)|53,595|
|Restricted
funds||||||
|D & SAdjei|||525|(919)|(394)|
|Specific Gifts|||3,097|(1,147)|1,950|
|Building
Fund|||46,097||46,097|
|Bulgaria
Fund|||7,168|(2,500)|4,668|
||||56,887|(4,566)|52,321|
|TOTAL FUNDS|||225,898|(119,982)|105,916|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Detailed Statement of Financial Activities|||
|---|---|---|---|---|
|||for the Year Ended 31March 2022|||
||||2022|2021|
||||f|f|
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Donations|||180,013|206,776|
|Grants|||6,075|14,943|
||||186,088|221,719|
|Investment
Income|||||
|Deposit account|interest||3,091|4,179|
|Other interest receivable|||2,913||
||||6,004|4,179|
|Other income|||||
|Sundry receipts|||174||
|Total incoming|resources||192,266|225,898|
|EXPENDITURE|||||
|Charitable
activities|||||
|Advertising|||690|630|
|Services &outreach|||6,902|1,951|
|Travelling|||141||
|Hall hire|||9,636|(991)|
|Equipment
&maintenance|||293|244|
|Grants to institutions|||5,400|5,400|
|Grants to individuals|||15,265|7,662|
||||38,327|14,896|
|Supportcosts|||||
|Management|||||
|Trustees'
salaries|||43,097|43,097|
|Trustees'
social security|||2,141|2,168|
|Trustees'
pension contributions|||1,724|1,724|
|Wages|||39,037|39,037|
|Social security|||1,187|1,214|
|Pensions|||1,471|1,471|
|Carried forward|||88,657|88,711|
##
||Detailed Statement
of
for the Year Ended|Financial Activities
31March 2022||
|---|---|---|---|
|||2022|2021|
|||f|f|
|Management||||
|Brought forward||88,657|88,711|
|Other operating|leases|7,255|6,931|
|Insurance||2,080|1,276|
|Communications||2,372|679|
|Postage and stationery||1,128|1,500|
|Office supplies||423|83|
|Subscriptions
Ik resources||732|870|
|Professional
fees||2,951|2,326|
|Bank charges||(2,296)|30|
|Staff costs||1,932|188|
|Motor expenses||1,023|564|
|Motor vehicles||374|498|
|Computer
equipment||580|230|
|||107,211|103,886|
|Governance
costs||||
|Accountancy
fees||2,010|1,200|
|Total resources expended||147,548|119,982|
|Net Income||44,718|105,916|