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2022-12-31-accounts

Page
Company information
Trustees' annual
and strategic report		 2to 10
Independent
auditor's		 report 11to 13
Summary income and expenditure account 14
Statement offinancial activities 15
(including income and expenditure account)
Balance sheet 16
Notes to the financial statements 17to 23

2022 2021
g
Income 356,694 216,583
Interest and investment income 6,147 6,950
Gross income 362,841 223,533
Expenditure 308,879 122,071
Interest payable
Depreciation and impairment charges 5,915 7,506
Total expenditure 314,794 129,577
Net income 48,047 93,956

Unrestricted Restricted Total Funds Total Funds
Note Funds Funds 2022 2021
Income and endowments from:
Donations 155,863 49,863 205,726 179,748
Charitable
activities		 20,990 129,978 150,968 36,835
Investments 6,147 6,147 6,950
Total income and endowments 14 183,000 179,841 362,841 223,533
Expenditure
on:
Charitable
activities		 70,274 226,161 296,435 118,347
Governance
costs		 18,359 18,359 11,230
Total expenditure 14 88,633 226,161 314&794 129,577
Net income/(expenditure) 94,367 (46,320) 48,047 93,956
Transfer between
funds		 14 (46,320) 46,320
Net movement
in funds		 48,047 48,047 93,956
Reconciliation offunds:
Funds brought
forward		 14 476,483 476,483 382,527
Funds carried forward 14 524,530 524,530 476&483

As at 31December 2022 31December 2022
Note 2022 2021
g
Fixed assets
Tangible assets 10 152,053 158,918
152,053 158,918
Current assets
Debtors 11 53,779 20,281
Cash at bank and in hand 350,690 335,137
404,469 355,418
Creditors:
Amounts
faBing due within one year		 12 (31,992) (37,853)
Net current assets 372,477 317,565
Total assets less current liabilities 524,530 476,483
Creditors:
Amounts
falling due after more than one year
Net assets 524,530 476,483
Charity Funds
Unrestricted reserves 14 524,530 476,483
Restricted reserves 14
524,530 476,483

Unrestricted Restricted Restricted Total Total
2 Income from donations Funds Funds 2022 2021
Donations 120,772 19,812 140,584 136,455
Gift aid 33,381 33,381 29,967
Benevolent fund 1,710 30,051 31,761 13,326
155,863 49,863 205,726 179,748
In 2021 F166,423 ofincome from donations related to unrestricted funds and f13,325to restricted funds.
Unrestricted Restricted Total
3 Charitable activities Funds Funds 2022 2021
Youth and children's programmes 1,222 1,222 3,607
Other income 780 1,587 2,367 2,431
National
conference		 398 120,242 120,640
Women conference 2,679 2,679 2,051
Evangelistic activities 50 50 190
Men conference 4,198 4,198 470
Charitable giving and ministry 19,812 19,812 28,086
20,990 129,978 150,968 36,835

for the yea r ended 31Decem ber 2022
Unrestricted Restricted Total Total
4 Investment
income		 Fundsf Funds 2022 2021
Rents received 6,094 6,094 6,949
Bank interest 53 53 1
6,147 6,147 6,950
In 2021 K6,280ofinvestment income related to unrestricted funds and f670 to restricted funds.
Unrestricted Restricted Total Total
5 Charitable
activities		 Funds Funds 2022 2021
Charitable
giving and ministry		 89 19,812 19,901 16,539
Special projects 16,293
Benevolence
and welfare		 7,785 34,318 42,103 23,730
Rates, water and insurance 2,487 2,487 2,373
Light and heat 10,089 10,089 9,577
Postage and stationery 9,291 9,291 11,683
Repairs snd renewals 5,306 5,306 2,311
Sottware and computer consumables 2,637 2,637 3,629
Rent 7,008 7,008 1,223
Sundries 4,139 4,139 719
Catering and entertainment 8,243 8,243
Transport
and travel		 2,534 2,534 605
Depreciation 5,915 5,915 7,506
Loss on sale oftangible fixed assets 950 950 1,555
Bank charges 403 403 352
National
conference		 expenses 215 156,116 156,331 3,459
Youth and children's programmes 200 3,488 3,688 2,934
Outreach/fellowship programme 1,118
Women fellowship 105 7,585 7,690 4,326
Missions and evangelism 266 266 7,445
Men fellowship 4,842 4,842 550
Other conference
18-30'Sconference 420
70,274 226,161 296,435 118,347

Unrestricted Restricted Total Total
Governance costs Funds Funds 2022 2021
Auditors
remuneration		 10,440 10,440 9,180
Accountancy and legal fees 1,800 1,800 1,500
Administrative expenses 300
Training
and		 development 6,119 6,119 250
18,359 18,359 11,230

in the year was X1,283(202 1:$605).
Net income/(expenditure) for the year 2022 2021
This is stated after charing:
Depreciation 5,915 7,506
Auditors
remuneration
- statutory
audit		 10,440 9,000
-other financial services 1,800
12,240 9,000

Freehold Plant and Fixtures and Computer
Property Machinery Fittings Equipment Total
10 Tangible fixed assets
Cost or valuation
1 January 2022 201,661 4,420 832 4,492 211,405
Additions
Revaluation
Disposals (1,442) (1,866) (3,308)
31 December 2022 201,661 2,978 832 2,626 208,097
Depreciation
1 January 2022 47,682 1,604 221 2,980 52,487
Eliminated
on revaluation
Charge for year 4,033 1,170 55 657 5,915
Disposals (492) (1,866) (2,358)
31 December 2022 51,715 2,282 276 1,771 56,044
Net book amount
31December 2022 149,946 696 556 855 152,053
31 December 2021 153,979 2,816 611 1,512 158,918
11 Debtors 2022 2021
Other debtors 53,779 20,281
53,779 20,281
12 Creditors: amounts falling due 2022 2021
within one year
Bank overdrafts
Trade creditors 1,086
Other creditors and accruals 31,992 36,767
31,992 37,853

for the year e nded 31Decem ber 2022
14 Reserves Opening Incoming Outgoing Fund Closing
Balance resources resources Transfers Balance
Unrestricted reserves g
General fund 476,483 183,000 (88,633) (46,320) 524,530
476,483 183,000 (88,633) (46,320) 524,530
Opening Incoming Outgoing Fund Closing
Balance resources resources Transfers Balance
Restricted reserves g
Youth and children 1,222 (3,488) 2,266
Building fund
National conferences 120,242 (156,116) 35,874
Missions 19,812 (19,812)
Benevolence and welfare 30,051 (34,318) 4,267
Outreach and fellowship 8,514 (12,427) 3,913
Sundries
179,841 (226,161) 46,320

2022 2021
INCOME
Donations
Donations 140,584 136,455
Gift aid 33,381 29,967
Benevolent
fund		 31,761 13,326
205,726 179,748
Charitable
activities
Youth and children's programmes 1,222 3,607
Other income 2,367 2,431
National
conference		 120,640
Women conference 2,679 2,051
Evangelistic
activities		 50 190
Men conference 4,198 470
Charitable
giving and		 ministry 19,812 28,086
150,968 36,835
Investment
income
Rents received 6,094 6,949
Bank interest 53 1
6,147 6,950
TOTAL INCOMING RESOURCES 362,841 223,533
EXPENDITURE
Direct charitable
expenditure
Charitable
giving and		 minisuy 19,901 16,539
Special projects 16,293
Benevolence
and welfare		 42,103 23,730
National
conference		 expenses 156,331 3,459
Youth and children's programmes 3,688 2,934
Outreach/fellowship programme 1,118
Women fellowship 7,690 4,326
Missions and evangelism 266 7,445
Men fellowship 4,842 550
Other conference
18-30'Sconference 420
234,821 76,814
Support Costs 61,614 41,533
Governance
costs		 18,359 11,230
TOTAL RESOURCES EXPENDED 314,794 129,577
NET INCOME/(EXPENDITURE) 48047 93,956

2022 2021
Support Costs
Rates, water and insurance 2,487 2,373
Light and heat 10,089 9,577
Repairs and renewals 5,306 2,311
Sotiware and computer consumables 2,637 3,629
Rent 7,008 1,223
Postage and stationery 9,291 11,683
Sundries 4,139 719
Catering and entertainment 8,243
Honorariums 2,612
Transport
and travel		 2,534 605
Bank charges 403 352
Depreciation -Freehold property 4,033 4,033
Depreciation —Plant and machinery 1,170 442
Depreciation - Fixtures and fittings 55 55
Depreciation - Computer equipment 657 2,976
Loss on sale oftangible fixed assets 950 1,555
61,614 41,533
Governance costs
Auditors
remuneration		 10,440 9,180
Accountancy and legal fees 1,800 1,500
Administrative expenses 300
Training
and		 development 6,119 250
18,359 11,230