## ## ## ## |||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| ##