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|---|---|---|---|
|Report ofthe|Trustees||1to4|
|independent|Examiner's|Report||
|Statement of|Financial|Activities||
|Balance Sheet||||
|Notes to the Financial Statements|||8to 17|
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|||for the|for the|Year Ended 31|Dece|mber 2022|||
|---|---|---|---|---|---|---|---|---|
|||Notes||Unrestricted||Restricted|Total Funds|Total Funds|
|||||Funds||Funds|2022|2021|
|||||f||f|f|f|
|INCOME AND ENDOWMENTS||FROM:|||||||
|Donations
and legacies||||69,786|||69,786|73,915|
|Tax refunds||||9,078|||9,078|10,212|
|Rent receivable||||18,206|||18,206|17,482|
|Interest received||||1,610|||1,610|183|
|Grants received||||||13,750|13,750|76,250|
|TOTAL||||98,680||13,750|112,430|178,042|
|EXPENDITURE ON:|||||||||
|Ministry||||44,920|||44,920|42,578|
|Youth and Sunday|school|||||||64|
|Administration||||51,310|||51,310|27,420|
|Tithe payments||||7,101|||7,101|5,870|
|Outreach||||3,336|||3,336|731|
|Designated
gifts|||13|750|||750|2,305|
|TOTAL||||107,417|||107,417|78,968|
|NET INCOME/(EXPENDITURE)||||8,737||13,750|5,013|99,074|
|TRANSFERS BETWEEN FUNDS||||13,750|-|13,750|||
|||||5,013|||5,013|99,074|
|OTHER RECOGNISED GAINS/(LOSSES)|||||||||
|Actuarial
gains/(losses)
on defined|||||||||
|benefit pension schemes|||8|20,790|||20,790|1,046|
|NET MOVEMENT|IN FUNDS|||25,803|||25,803|100,120|
|RECONCILIATION|OF FUNDS:||||||||
|TOTAL FUNDS BROUGHT FORWARD||||1,021,059|||1,021,059|920,939|
|TOTAL FUNDS CARRIED FORWARD||||1,046,862|||1,046,862|1,021,059|
|||The|notes form part ofthese||financial statements||||
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|||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
||Notes|Funds|Funds|31.12.22|31.12.21|
|||f|f||f|
|FIXEDASSETS||||||
|Tangible assets||825,920||825,920|821,735|
|||825,920||825,920|821,735|
|CURRENT ASSETS||||||
|Stock|||||1,167|
|Debtors||6,958||6,958|1,250|
|Cash at bank and in hand||218,842||218,842|225,876|
|||225,800||225,800|228,293|
|CURRENT LIABILITIES||||||
|Creditors||4,858||4,858|5,669|
|||4,858||4,858|5,669|
|NET CURRENT ASSETS||220,942||220,942|222,624|
|TOTAL ASSETS LESSCURRENT||||||
|LIABILITIES||1,046,862||1,046,862|1,044,359|
|PROVISIONS FOR LIABILITIES||||||
|AND CHARGES|||||23,300|
||||||23,300|
|NET ASSETS||1,046,862||1,046,862|1,021,059|
|FUNDS||||||
|Central funds||1,036,013||1,036,013|1,012,978|
|Designated
funds||10,849||10,849|8,081|
|||1,046,862||1,046,862|1,021,059|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||f|f|
|Unrestricted
Income||||||||
|Gift Aid||||||36,313|40,849|
|General income including|||CAFS|||32,638|29,510|
|Tax refunds||||||9,078|10,212|
|Interest received||||||1,610|183|
|Legacies|||||||1,236|
|Rent received||||||18,206|17,482|
|||||||97,845|99,472|
|Restricted
Income||||||||
|Community
Infrastructure|||Levy||grant|13,750|76,250|
|||||||13,750|76,250|
|Designated
Income||||||||
|Designated
gifts||||||835|2,320|
|||||||835|2,320|
|Total Incoming Resources||||||112,430|178,042|
|Administration||||Ex|enses|||
|||||||2022|2021|
|||||||f||
|Salaries, speakers' fees||&expenses||||925|481|
|Maintenance
of Church||building||||2,922|143|
|Gas, electricity &rates||||||2,953|1,822|
|Insurance||||||4,201|6,464|
|Repairs & renewals||||||24,963|5,915|
|Telephone
&internet||||||1,282|1,133|
|Bank charges &subscriptions||||||1,633|2,123|
|Consultants,
legal & professional|||||fees|810|2,211|
|Independent
Examiner's|||fee|||1,320|1,440|
|Printing,
postage, stationery||||&photocopying||542|86|
|Housekeeping,
service|costs|||&catering||323|83|
|Manses maintenance|costs|||||634|75|
|Depreciation to freehold|||building||improvements|8,802|5,444|
|||||||51,310|27,420|
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||||2022|2021|
|---|---|---|---|---|
||||f|f|
|Gross wages|||34,650|34,605|
|Em ploye|rs Nationa|I lnsura nce|||
|Pension|costs||4,095|3,897|
||||38,745|38,502|
|Average|number ofemployees||||
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||Church|Improvements|||
|---|---|---|---|---|
||Premises|to Premises|Manses|Total|
||f|f|f|f|
|Cost|||||
|As at 1stJanuary 2022|65,555|168,714|633,369|867,638|
|Additions||12,987||12,987|
|As at 31st December 2022|65,555|181,701|633,369|880,625|
|Depreciation|||||
|As at 1stJanuary 2022||45,903||45,903|
|Charge for the year||8,802||8,802|
|As at 31st December 2022||54,705||54,705|
|Net Book Value|||||
|As at 31st December 2022|65,555|126,996|633,369|825,920|
|As at 31st December 2021|65,555|122,811|633,369|821,735|
##
|||for|the Year Ended 31December|2022|||
|---|---|---|---|---|---|---|
||Debtors||||||
|||||2022||2021|
|||||||f|
||Income tax recoverable|||698||794|
||Other debtors 5 prepayments|||6,260||456|
|||||6,958||1,250|
||Creditors||||||
|||||2022||2021|
|||||f||f|
||Accruals|||4,858||5,669|
|||||4,858||5,669|
||Provisions
For Liabilities and Char es||||||
|Section 28|11Aof FRS 102 requires||agreed deficit recovery payments|to be recognised|as a liability.||
|The movement
in the provision||is set out in the table below:|||||
|||||2022||2021|
|||||f||f|
|Balance sheet liability at year start||||23,300||28,953|
|Minus deficiency contributions||paid||(2,947)||(4,970)|
|Interest costs||||437||363|
|Remaining|(credit)/charge
to balance sheet liability*|||(20,790)||(1,046)|
|Balance sheet liability at year-end||||||23,300|
||||2022|2021|2020|
|---|---|---|---|---|---|
|Discount rate||||2 0%|1.4%|
|Future increases to Minimum|Pensionable|Income|0.0%|3.2%|3.3%|
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|||||Brought|Incoming||Resources|Actuarial|Carried|
|---|---|---|---|---|---|---|---|---|---|
|||||Forward
f|Resources
f|Transfer
f|Expended|Gains/Losses|Forward
E|
|Unrestricted||Funds:||||||||
|Central funds||||1,012,978|97,845|3,966|(99,566)|20,790|1,036,013|
|||||1,012,978|97,845|3,966|(99,566)|20,790|1,036,013|
|Restricted|Funds:|||||||||
|Grants received|||a)||13,750|(13,750)||||
||||||13,750|(13,750)||||
|Designated||Funds:||||||||
|Tithe Fund|||b)|3,055||9,784|(7,101)||5,738|
|Designated||gifts|c)|837|835||(750)||922|
|Sabbatical|Reserve||d)|4,189|||||4,189|
|||||8,081|835|9,784|(7,851)||10,849|
|Total Funds||||1,021,059|112,430||(107,417)|20,790|1,046,862|
##
||Reverend|Stephen|Austin-Sparks|
|---|---|---|---|
||2022||2021|
||E||f|
|Stipend|34,650||34,299|
|Pension||4,095|3,897|
||38,745||38,196|
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|||Notes|Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|
||||Funds|Funds|2021|
||||E||f|
|INCOME AND ENDOWMENTS||FROM:||||
|Donations
and legacies|||73,915||73,915|
|Tax refunds|||10,212||10,212|
|Rent received|||17,482||17,482|
|Interest received|||183||183|
|Grants received||||76,250|76,250|
|TOTAL|||101,792|76,250|178,042|
|EXPENDITURE ON:||||||
|Ministry|||42,578||42,578|
|Youth and Sunday school|||64||64|
|Administration|||27,420||27,420|
|Tithe payments|||5,870||5,870|
|Outreach|||731||731|
|Designated
gifts|||2,305||2,305|
|TOTAL|||78,968||78,968|
|NET INCOME/(EXPENDITURE)|||22,824|76,250|99,074|
|TRANSFERS BETWEEN FUNDS|||76,250|76,250||
||||99,074||99,074|
|OTHER RECOGNISED GAINS/(LOSSES)||||||
|Actuarial gains/(losses)|on|||||
|defined benefit pension|schemes||1,046||1,046|
|NET MOVEMENT
IN FUNDS|||100,120||100,120|
|RECONCILIATION
OF FUNDS:||||||
|TOTAL FUNDS BROUGHT FORWARD|||920,939||920,939|
|TOTAL FUNDS CARRIED FORWARD|||1,021,059||1,021,059|
##
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||||Tithe|Call to|Designated|2022|2021|
|---|---|---|---|---|---|---|---|
||||Fund|Service|Gifts|Total|Total|
||||f|f|f|f|f|
|Opening|balance||3,055||837|3,892|77|
|Receipts|||||835|835|2,320|
|Transfer|||9,784|||9,784|9,824|
||||12,839||1,672|14,511|12,067|
|Payments|||7,101||750|7,851|8,175|
|Closing balance|||5,738||922|6,660|3,892|
|Summary|Missionary|&||||||
|Society||||||||
|Society Support|||7,101||750|7,851|8,175|
|Other outside causes||||||||
|TOTAL|||7,101||750|7,851|8,175|
|TOTAL DISTRIBUTION||||||||
|Personal/Missionary|||7,101||750|7,851|8,175|
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||||||Tithe|Designated|2022|2021|2021|
|---|---|---|---|---|---|---|---|---|---|
||||||Fund|Gifts|Total|Total||
||||||f|f|f|f||
|Auckland|Christian||youth|hostel|519||519||450|
|Barnabas|Fund||||1,109||1,109||905|
|BMS Worldwide|||||1,109||1,109||905|
|BMS Worldwide||Ukraine||appeal||450|450|||
|Compassion|||||1,039|300|1,339|1,205||
|Father Heart Ministries|||||554||554||450|
|Hope UK|||||554||554||450|
|Indonesia|flood appeal|||||||2,005||
|Jews For|Jesus||||554||554||450|
|Tearfund|General||||1,109||1,109||905|
|YWAM Sussex|||||554||554||450|
||||||7,101|750|7,851|8,175||