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|Trustees'
report|||1-6|
|Independent
examiner's||report||
|Statement offinancial|activities|||
|Balance sheet|||10|
|Statement ofcash fiows||||
|Notes to the financial|statements||12-23|
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|||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||funds|funds||funds|funds||
|||||||2022|2022|2022|2021|2021|2021|
|||||Notes||E|E||K|||
|Income
nd en||owm||nts|from:|||||||
|Donations
and legacies||||||91,707|10,000|101,707|75,260|11,029|86,289|
|Charitable
activities||||||13,956|125|14,081|5,902|204|6,106|
|Investments||||||25,121||25,121|19,351||19,351|
|Other income|||||||||5,178||5,178|
|Total income||||||130,784|10,125|140,909|105,691|11,233|116,924|
|I||||||||||||
|Charitable
activities|||||7|170,926|9,946|180,872|139,924|7,983|147,907|
|Net gains/(losses)|||on|||||||||
|investments||||||(91,055)||(91,055)|48,774||48,774|
|Net movement|in||funds|||(131,197)|179|(131,018)|14,541|3,250|17,791|
|Fund balances at||1 January||||||||||
|2022||||||587,784|134,884|722,668|573,243|131,634|704,877|
|Fund balances|at||31|||||||||
|December 2022||||||456,587|135,063|591,650|587,784|134,884|722,668|
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|||||2022||2021||
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Tangible assets
Investments|||12
13||6,282
447,273||8,738
539,602|
|Current assets|||||453,555||548,340|
|Debtors
Cash at bank and|in|hand||13,160
133,400||13,632
176,817||
|Creditors: amounts||falling due within||146,560||190,449||
|one year||||(8,465)||(16,121)||
|Net current assets|||||138,095||174,328|
|Total assets less|current liabilities||||591,650||722,668|
|Income funds||||||||
|Restricted
funds|||||135,063||134,884|
|Designated
funds
General unrestricted||funds|19|122,772
333,815||120,257
467,527||
||||||456,587||587,784|
||||||591,650||722,668|
|The financial s|ants were approved||by tne Trustees on|......~...P~|ot-~~)|||
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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2022|2022|2022|2021|2021|2021|
|||E|E|E|E|E|E|
|Donations|and gifts|83,539||83,539|69,718|265|69,983|
|Legacies|receivable|8,168||8,168|5,542||5,542|
|General grants||||||||
|receivable|||10,000|10,000||10,764|10,764|
|||91,707|10,000|101,707|75,260|11,029|86,289|
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||||2022|2021|
|---|---|---|---|---|
||||E|E|
|Donations||received for other organisations|125|204|
|Charitable||rental income|13,956|5,902|
||||14,081|6,106|
|Analysis|by fund||||
|Unrestricted||funds|13,956|5,902|
|Restricted||funds|125|204|
||||14,081|6,106|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2022|2021|
|||E|E|
|Rental|income|10,200|6,998|
|Income|from listed investments|13,689|12,338|
|Interest|receivable|1,232|15|
|||25,121|19,351|
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|||||Total|Unrestricted|
|---|---|---|---|---|---|
||||||funds|
|||||2022|2021|
|||||E||
||Government|grants|||5,178|
|7|Charitable
activities|||||
|||||2022|2021|
||||||E|
||Staff costs|||71,905|62,786|
||Depreciation|and impairment||2,456|3,516|
||Premises costs|||62,605|46,039|
||Events, organisations||and missions|5,849|2,857|
||Administration|expenditure||9,865|4,661|
||Legal and professional|||7,751|9,158|
||Accountancy|fees||2,850|4,385|
|||||163,281|133,402|
||Grant funding|ofactivities (see note 8)||17,591|14,505|
|||||180,872|147,907|
||Analysis
by|fund||||
||Unrestricted|funds||170,926|139,924|
||Restricted funds|||9,946|7,983|
|||||180,872|147,907|
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|||2022|2021f|
|---|---|---|---|
|Grants|to institutions:|||
|Baptist|Home Mission - mission support|4,800|4,900|
|Baptist|Missionary
Society - mission support|6,000|5,500|
|Church|From Scratch Support||1,000|
|DEC Afganistan
appeal||501||
|Avenue|Contact Centre - Mission support||2,000|
|Winter|Gardens - Mission support|5,290||
|Other||1,000|1,105|
|||17,591|14,505|
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|Employment
costs|2022|2021|
|---|---|---|
||E||
|Wages and salaries|63,670|54,749|
|Social security costs||526|
|Other pension costs|8,235|7,511|
||71,905|62,786|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2022|2021|
||||E|F|
|Revaluation|of|investments|(84,147)|46,116|
|Gain/(loss)|on|sale of investments|(6,908)|2,658|
||||(91,055)|48,774|
|12|Tangible fixed assets|||||
|---|---|---|---|---|---|
||||Fixtures and|Computers|Total|
||||fittings|||
||Cost|||||
||At 1 January 2022||10,773|4,063|14,836|
||At 31 December 2022||10,773|4,063|14,836|
||Depreciation
and impairment|||||
||At 1 January 2022||3,847|2,251|6,098|
||Depreciation
charged|in the year|1,731|725|2,456|
||At 31 December 2022||5,578|2,976|8,554|
||Carrying
amount|||||
||At 31 December 2022||5,195|1,087|6,282|
||At 31 December 2021||6,926|1,812|8,738|
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|13|Fixed asset Investments|Fixed asset Investments||||(Continued)|
|---|---|---|---|---|---|---|
|||||||Unlisted|
|||||||Investments|
|||||||K|
||Cost or valuation||||||
||At 1 January 2022|||||539,602|
||Additions|||||45,848|
||Valuation
changes|||||(91,055)|
||Disposals|||||(47,122)|
||At 31 December 2022|||||447,273|
||Carrying
amount||||||
||At 31 December 2022|||||447,273|
||At 31 December 2021|||||539,602|
||||||2022|2021|
||||||E||
||Investments
at fair value comprise:||||||
||Listed Investments||||497,742|(539,602)|
||The book value ofinvestments||held at the|year end is R427,152(2021:F429,211)|||
|14|Financial Instruments||||2022|2021|
||Carrying amount offinancial assets||||||
||Instruments
measured|at fair|value through|profit or loss|447,273|539,602|
|15|Debtors||||||
||||||2022|2021|
||Amounts
falling due|within|one year:||E||
||Trade debtors||||100|4,356|
||Other debtors||||3,653|8,939|
||Prepayments
and accrued income||||9,407|337|
||||||13,160|13,632|
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||||Movement|ln funds|||Movement|ln funds||
|---|---|---|---|---|---|---|---|---|---|
|||Balance at|Incoming|Resources|Balance at||Incoming|Resources|Balance at|
|||1 January 2021|resources|expended1|January|2022|resources|expended|31December|
||||||||||2022|
|||||R|||||K|
|Mission Fund||12,365|10,764|(6,709)|16,420||10,000|(9,831)|16,589|
|Special||||||||||
|Purpose||||||||||
|Fund||116,842|||116,842||||116,&42|
|Donations|to|||||||||
|External||||||||||
|Organisations||2,427||(1,274)||1,622|125|(115)|1,632|
|||131,634|11,233|(7,983)|134,884||10,125|(9,946)|135,063|
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|||Movement|in funds|||Movement|in funds||
|---|---|---|---|---|---|---|---|---|
||Balance at|Incoming|Resources|Balance at||Incoming|Resources|Babrnce at|
||1January 2021|resources|expended1|January|2022|resources|expended|31December|
|||||||||2022|
|Pension|||||||||
|deficit fund|120,379||(5,664)|114,715|||(3,358)|111,357|
|Designated|||||||||
|Legacy Fund||5,542|||5,542|8,168|(2,295)|11,415|
||120,379|5,542|(5,664)|120,257||8,168|(5,653)|122,772|
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|22|Cash generated
from|operations|operations||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||K|E|
||(Deficit)/surpus
for the|year|||||(131,018)|17,791|
||Adjustments
for.||||||||
||Investment
income recognised||in statement||offinancial|activities|(25,121)|(19,351)|
||Loss/(gain)
on disposal|of investments|||||6,908|(2,658)|
||Fair value gains and losses on||investments||||84,147|(46,116)|
||Depreciation
and impairment
oftangible|||fixed assets|||2,456|3,516|
||Movements
in working|capital:|||||||
||Decrease
in debtors||||||472|18,774|
||(Decrease)/increase
in|creditors|||||(7,656)|4,385|
||Cash absorbed
by operations||||||(69,812)|(23,659)|
|23|Analysis ofchanges|In net funds|||||||
||The charity had no debt during||the year.||||||