2021-12-31-accounts

		Page
Trustee Directors' report		1-5
Independent auditor's	report	6-9
Statement offinancial	activities	10
Balance sheet		11-12
Notes to the financial	statements	13-20

			Unrestricted	Unrestricted
			funds	funds
			2021	2020
		Notes		f
Income from:
Donations and	legacies		685,417	356,333
Investments			39,703	30,822
Total income			725,120	387,155
Charitable activities &Governance costs		5&6	418,710	395,682
Net gains/(losses) on investments			8,774	61,523
Net incoming/(outgoing) resources			315,184	52,996
Other recognised gains and losses
Revaluation of	tangible fixed assets		(7,538,151)	1,473,300
Net movement	in funds		(7,222,967)	1,526,296
Fund balances	at 1 January 2021		24,743,970	23,217,674
Fund balances	at 31 December 2021		17,521,003	24,743,970

				2021	2020
			Notes		F
Fixed assets
Tangible assets Investments			10 11	16,354,385 470,297	23,893,486 461,523
				16,824,682	24,355,009
Current assets
Debtors			12	257,110
Cash at bank and	in	hand		803,003	725,260
				1,060,113	725,260
Creditors: amounts one year		falling due within	13	(12,384)	(3,816)
Net current assets				1,047,729	721,444
Total assets less	current liabilities			17,872,411	25,076,453
Creditors: amounts more than one year		falling due after		(351,408)	(332,483)
Net assets				17,521,003	24,743,970
Income funds
Unrestricted funds
General unrestricted		funds		22,288,133	21,972,949
Revaluation reserve				(4,767,130)	2,771,021
				17,521,003	24,743,970
				17,521,003	24,743,970

4	Investments
		Unrestricted	Unrestricted
		funds	funds
		2021	2020
	Investment Income Rents Received Interest receivable	13,000 26,664 39	12,000 18,492 330
		39,703	30,822
5	Charitable activities
		Total	Total
		2021	2020
	Stipends, salaries, and expenses Youth and children's work Fellowship events Training and study material Subscriptions and conferences Music and sound licence Missionary expenditure Gift and donations Outreach event and activities Visiting speakers Advertising and website Office costs Motor and travel Insurances Utilities Building expenses Telephone	120,891 1,694 342 152 480 2,069 53,580 8,953 3,984 3,562 140 20,653 2,676 13,182 29,341 9,205	135,291 1,675 960 527 510 2,935 61,202 6.984 2,118 2,685 880 33,149 6,353 17,784 41,207 20,917
	Repairs and maintenance Music and PA expenses Postage, printing and stationery Refreshments Book-Keeping Sundries Depreciation Bank Charges Church Loan	3,549 90,137 16,099 6,316 1,259 620 876 950 353	5,038 78,202 1,488 3,410 529 1,288 992 1,118 122 (36,523)

6	Governance costs
		2021	2020
	Audit fees	5,778	3,612
	Legal and professional	21,869	1,229
		27,647	4,841

2021	2020
Number	Number

	Ministers
	Church Workers
	Total
	There were	no employees		whose annual	remuneration	was f60,000or more.
9	Net gains/(losses)		on investments
							Unrestricted	Total
							funds
							2021	2020
	Revaluation	of investments					8,774	61,523

Tangible fixed assets
		Freehold land	Property	Fixtures and	Computers	Total
		and buildings	improvements	fittings
Cost or valuation
At 1 January 2021		23,239,296	647,858	7,229	13,962	23,908,345
Revaluation		(7,538,151)				(7,538,151)
At 31 December 2021		15,701,145	647,858	7,229	13,962	16,370,194
Depreciation and impairment
At 1 January 2021				5,555	9,304	14,859
Depreciation charged	in the year			251	699	950
At 31 December 2021				5,806	10,003	15,809
Carrying amount
At 31 December 2021		15,701,145	647,858	1,423	3,959	16,354,385
At 31 December 2020		23,239,296	647,858	1,674	4,658	23,893.486

10		Tangible	fixed	fixed	assets
		The Freehold		Property		is made up ofthe following:
							2021	2020
		Camberwell					1,605,685	1,923,363
		Canning	Town				1,547,610	2,472,859
		Chelm sford					815,150	1,061,230
		Corringham					701,936	801,579
		Cressing					787,000	1,248,003
		Daws Heath					269,435	525,164
		Eastwood					658,587	1,093,277
		Great Wakering					770,840	1,096,037
		Rayleigh					1,775,463	2,984,481
		Shoebury					605,415	833,237
		Southend	on	Sea			994,533	1,416,907
		Stanford	Le Hope				719,483	1,131,553
		Stanway					1,152,972	2,541,141
		Totham					573,921	783,983
		Wickford					811,028	681,758
		Witham					1,121,505	1,702,225
							14,910,563	22,296,797
		House Buildin			s
		Canning	Town				284,534	321,180
		Chelmsford					265,341	305,085
		Cressing					240,707	316,234
	J~						790,582	942,499
		Total					15,701,145	23,239,296

			Unlisted investments	Unlisted investments
	Cost or valuation
	At 1 January 2021			461,523
	Valuation changes			8,774
	At 31 December 2021			470,297
	Carrying amount
	At 31 December 2021			470,297
	At 31 December 2020			461,523
12	Debtors
			2021	2020
			R
	Trade Debtors		257,110
13	Creditors: amounts	falling due within one year
			2021	2020
	Trade creditors		7,470
	Accruals and deferred	income	4,914	3,816
14	Creditors: amounts	falling due after more than one year
			2021	2020
	Other creditors		351,408	332,483