##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||Unrestricted|Funds:|TOTALFUNDS|TOTALFUNDS|
|---|---|---|---|---|---|---|---|---|
||||||Ongoing|Designated|2022|2021|
|||||Notes||E|||
|INCOMING RESOURCES|||||||||
|Incoming
resources from generated|||funds||||||
|Donations
and legacies||||2(a)|794,960|1,064,315|1,859,275|1,795,743|
|Investment
income||||2(d)|10,080|2,717|12,797|16,799|
||||||805,040|1.067,032|1,872,072|1,812,542|
|Incoming resources
from charitable||activities||2(e)|163,589||163,589|26,719|
|Incoming resources
from operational|||activtdes|2(b)|840,814||840,814|577,153|
|Other incoming
resources||||2(c)|133,978||133,978|66,582|
|TOTAL INCOMING RESOURCES|||||1,943,421|1.067,032|3,0'I0,453|2,482,996|
|RESOURCES EXPENDED|||||||||
|Grants payable||||3(s)|7,524|90,830|98,354|182,031|
|Charitable
activities||||3(b)|862,175|5,614|867,789|576,095|
|Operational
activities||||3(c)|735,908||735,908|597,290|
|Governance
costs||||3(d)|297,215|162|297,377|270,082|
|Impairment
offixed assets||||||||245,000|
|Loss on disposal offixed assets||||||||68,200|
|TOTAL RESOURCES EXPENDED|||||1,902,822|96,606|1,999,428|1,940,698|
|NET INCOMING/(OUTGOING)|RESOURCES||||40,599|970,426|1,011,025|542,298|
|Transfers
between
Funds|||||3,417,584|(3,417,584)|||
|Net Movement
ln Funds|||||3,458,183|(2,447,158)|1,011,025|542,298|
|FUND BALANCES 8/FWD 1|JANUARY||||4,833,766|2,143,641|6,977,407|6,435.109|
|FUND BALANCES C/FWD 31 DECEMBER||||11,12|8,291,949|(303,517)|7,988,432|6,977,407|
##
##
|||Note|Consolidated|Consolidated|PCC||
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
||||6|6|f|6|
|TANGIBLE FIXEDASSETS||5|8,104,015|4,838,316|8,096,335|4,830,182|
|CURRENT ASSETS|||||||
|Stock|||22,655|31,497|22,655|31,497|
|Debtors|||805,519|55,281|835,039|59,221|
|Short term deposits|||459,376|1,223,271|459,376|1,223,271|
|Cash at bank and in hand|||549,331|1,235,786|374,165|1,170,397|
||||1,836,881|2,545,835|1,691,235|2,484,386|
|CREDITORS: AMOUNTS FALLING DUE|||||||
|WITHIN ONE YEAR|||(632,221)|(359,644)|(538,097)|(311,682)|
|NET CURRENT ASSETS|||1,204,660|2,186,191|1,153,138|2,172,704|
|Total Assets Less Current Liabilidss|||9,306,675|7,024,507|9,249,473|7,002,886|
|Provision for Liabilities and charges||9|10,424|11,435|||
|CREDITORS: AMOUNTS|FALLING|'I0|(1,330,667)|(58,535)|(1,256,000)||
|DUE AFTER MORE THAN|ONE YEAR||||||
|NET ASSETS|||7988(432|6977407|7 993473|7002)886|
|FUNDS|||||||
|Unrestricted
Funds|||||||
|-General Funds||11,12|8,291,949|4,833,766|8,266,990|4,859,245|
|-Designated
Funds||11,12|(303.517)|2,143,641|$273,517)|2,143,641|
||||T,aaa,432|6,977407|7,993,473|7,002,886|
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||Notes|2|8|8|
|Cash flows from operating|activities||||||
|Cash generated
from operations|||20||894,628|913,685|
|Investing
activities|||||||
|Purchase oftangible
gxed assets||||(3,363,695)||(2,561,883)|
|Proceeds on disposal oftangible||gixed|||||
|Inlsresl received||||2,717||6,330|
|Net cash used in investing|activities||||(3,360,978)|(2,555,553)|
|Receipts adslng from loans||||1,016,000|||
|Net cash in from financing|activities||||1,016,000||
|Net decrease in cash snd|cash|equivalents|||(1,450,350)|(1,641,868)|
|Cash snd cash equivalents|sl beginning||ofyear||2,459,057|4,100,925|
|Cash and cash equivalents|at end of||year||1,008,707|2,459,057|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|.INC
MING|.INC
MING|RESOURCES|RESOURCES|RESOURCES||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestrlcetd|Funds|TOTAL|FUND8|
|||||||Ongoing|Designated|2022|2021|
|||||||E|E|E|E|
|2(a)|Incoming|resources|from donations||and legacies|||||
||Donations|and gifts||||794,960
794.960|1,064,3')5
1,054,315|1.859,275
1,859,275|1,795,743
1.795,743|
|2(b)|Incoming|resources|from operational||activities|||||
||Greyfriars|Ministries|Limited|||840,814||840,814|577,153|
|||||||840,814||840,814|577153|
|2(cl|Other Incoming resources|||||||||
||Wiring fees|||||39,750||39,750|16,848|
||Church activities|||||29,897||29,897|4,467|
||Insurance|claims||||5,438||5,438|4,623|
||Misceganeous
Income|||||50,893||58,893|40,644|
|||||||133,978||133,970|66,582|
|2(d)|Income from Investments|||||||||
||Interest receivable||||||2,717|2 717|6330|
||Rental income|||||10,080||16,080|10.469|
|||||||10,080|2,717|12,797|'l6,799|
|2(e)|Income from charitable|||activities||||||
||Greyfrisrs|Atrium bookshop||||53,707||53707|13257|
||Greyfrlsrs|Atrium coffee||shop||109,882||109,882|13,462|
|||||||163,589||163,589|26,719|
||TOTAL INCOMING||RE8OVRCE8|||1,943,421|1,067,032|3,010,453|2,402,996|
##
##
##
##
|||||||Unrestricted|Funds|TOTAL|FUNDS|
|---|---|---|---|---|---|---|---|---|---|
|||||||Ongoing|Designated|2022|2021|
|3(s)|Charitable
grants|(ag Institutional):||||F.|8||8|
||General Grants|||||||||
||Door ofHope||||||5.520|5,520|5,520|
||CCA(Christian
Community|||Action)|||12,000|12,000|12,000|
||FAITH (feeding the homeless)||||||||2,430|
||Yeldsll (drug/alcohol||rehabilitation)||||12,120|12,120|12,120|
||CIRDIC (Churches|in|Reading||Drop in Centre)||6,060|6,060|6,060|
||Reading Schools|Worker||(schools outreach)|||2,160|2,160|2,160|
||Mustanl Tree||||||2,100|2,100|2,100|
||Lifeline||||||4,200|4,200|4,200|
||Frontline||||||2,100|2,100|2,100|
||Transform
Reading|||||2,000||2,000|2,400|
||Engage Befriending||||||3,000|3,000|3,000|
||CPAS|||||5,524||5,524|4,500|
||PACT —Alans House||||||9,720|9,720|7,290|
||Gift to Fusion||||||||37,000|
||Others locally based||projecn||||900|900|1,036|
|||||||7,524|59,880|67,404|103,916|
|||||||Unrestricted|Funds|TOTAL|FUNDS|
|||||||Ongoing|Designated|2022|2021|
|3(s)|Charitable
grants|(ag institutional):||||6|8|6|8|
||Redevelopment|Grants||||||||
||Teerfund
Projects|CAR|||||||31,220|
||SLCDO Pakistan||||||||5,325|
||Plan For Hope - Uganda||||||||5,035|
||Christian
Books Worldwide||||||||4,200|
||Nompumelelo
Education|||Centre|||||8.015|
||Reading Gateway|Church||(St|Agnes)||24,320|24,320|24,320|
||LAMB Heath||||||6,630|6,630||
||Total Redevelopment||Grants||||30,960|30,950|78,115|
||Total Grants|||||7,524|90,830|98,354|182,031|
##
|||||Unrestricted
Funds|Unrestricted
Funds|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|
|3(b)|Support costs for charitable|activities||Ongoing
f|Designated
f|2022|2021f|
||Parish Share|||135,084||135,084|151,757|
||Staffcosts|||260,666|4,658|265,324|153,606|
||Book and coffee shop purchases|||72.165||72,165|1,181|
||Church activities|||61,133||61,133|17,553|
||Property costs|||233,497|956|234,453|168,686|
||Oepreclatlon|||93,387||93,387|50,475|
||Other expenses|||6,243||6,243|34,837|
|||||862,175|5,614|86'7,789|578,095|
|3(c)|Support costs for operational
Greyfrlars
Minlstrlss
Lid||activities|735,908||735,908|597,290|
|3Id)|Governance costa
Staff coals|||167,952||167,952|145,896|
||Oface expenses|||50,795||50,957|51,843|
||Operating
lease payments|||33,661||33,661|37,520|
||Professional fees|||27,805||27,805|20,429|
||Auditor's
remuneradon|||10,655||10,655|10,670|
||Bank charges and interest|||6,303||6,303|3,679|
||Bad debts|||44||44|45|
|||||297,215|162|297,377|270,082|
||impairment
of fixed assets||||||245,000|
||Loss on disposal offixed assets||||||68,200|
||TOTAL RESOURCES EXPENDED|||1,902,822||1,999A26|1,940,698|
##
##
|~4STAFF Q~S|2022|2022|2022|2021|
|---|---|---|---|---|
|||Greyfriars|||
||PCC|Ministries|Total|Total|
|||Ltd|||
||6|6|6|6|
|Wages and salaries|394,627|511,292|906,«9|695,318|
|Social Security costs|23,851|25,361|49,212|42,459|
|Pension costs|12,307|9,475|21,'762|18,980|
|Expenses|2,291||2291|2.099|
||433.276|546126|979rt04|758856|
|Average number of employees|24|27|51|48|
##
##
##
|5 TANGIBLE FIXED ASSETS||||
|---|---|---|---|
||Freehold
land|||
|Consolidated|and Buildings|Equipment|Total|
|Cost|E|E|E|
|At 1 January 2022
Additions|4,920,298
3,352,869|530,262
10,806|5,450,560
3,363,695|
|Disposals
At 31 December 2022|8,273,187|(36,760)
504,308|(35,760)
6,T77,495|
|Depreciation
All January 2022|265,951|346,292|612,243|
|Charge for Ihe year
Disposals|62,552|35,445
(36,760}|97,99T
(36,760)|
|At 31 December 2022|328,503|344,977|873,480|
|Net book amount at 31 December 2022|7,944,684|159,331|8,104,015|
|Nel book amount
at 31 December 2021|4,654,347|183,970|4,836,317|
|PCC||||
|Cost||||
|At 1 January 2022|4,920,298|442,651|5.362,949|
|Additions|3,352,889|6,651|3,359,540|
|Disposals
At 31 December 2022|8,273,187|(36,262)
413,020|(36,282)
8,686,207|
|Depreciation
At 1 January 2022
Charge for the year|265,951
62,552|266,816
30,835|532.767
93,387|
|Disposals||(36,282)|(36,282)|
|At 31 December 2022|326,603|261,369|589,872|
|Net book amount
at 31 December 2022|7,944,684|151,651|6,095,335|
|Net book amount at 31 December 2021|4,654,347|175,835|4,830,182|
##
##
##
|||Consolidated|Consolidated|PCC||
|---|---|---|---|---|---|
|||2022
8|2021
5|2022
f|2021
6|
|Income Tax recoverable||80,219|37,168|80,219|37,167|
|Prepayments
Other debtors|and accrued interest|7,208
718.092|10,102
8,011|7,208
747,612|6,152
15902|
|||805,519|55,281|835i039|59,221|
|||-AMOUNTS F|LING D|I|ONE YEAR|ONE YEAR|||
|---|---|---|---|---|---|---|---|---|
||||||Consolidated||PCC||
||||||2022|2021|2022|2021|
||||||6|8|f.|6|
|Accruals|||||77,386|34,352|36,446|8,877|
|Deferred|inrx&me|||||8.618||8,618|
|Creditors|for goods|and services|||121,716|305,000|75,964|288,759|
|Other creditors|||||433,119|11,674|425,687|5,428|
||||||632,221|359,644|530,097|311,682|
##
##
|PROVI|SIO|ABILITIES|AND CHA|AND CHA||||
|---|---|---|---|---|---|---|---|
||||Consolidated|||PCC||
||||2022|2021|2022||2021|
|Deferred|Tax|asset|(10,424)|(11,435)||||
||||(10,424)|(11,435)||||
|CR D TO SDUE AFTER ONE Y||||||
|---|---|---|---|---|---|
||Consolidated|||PCC||
||2022
5|2021
8|2022
f||2021
f|
|Loans Received|1,256,000||1,256,000|||
|Deferred grant income (note 19)|74,667|58,535||||
||1,330,667|58,535|1,256,000|||
##
##
|11FUND DETAILS
~ld
t d|||||||
|---|---|---|---|---|---|---|
|UNRESTRICTED FUNDS||||Ongoing|Ongoing||
||||Designated|Activities|activities||
||||Funds total|PCC|GML|TOTAL|
|||||E|E|E|
|Balance brought
forward|||2,143,641|4,859,245|(25,479)|6,977,407|
|Surplus/(deficit)
foryear||||20,161|20,438|40,599|
|Gifts received|||1,064,315|||1,064,315|
|Redevelopmenl
Gift Tithe|||||||
|Interest received|||2,717|||2,71'7|
|Grants paid|||(90,830)|||(90,830)|
|Development
costs|||(5,614)|||(5,614)|
|Administration
costs|||(162)|||(182)|
|Church
activity Income|||||||
|Transfer
in respect ofFixed
Assets additions|||(3,359,541)|3,359,5JI1|||
|Special transfer
in respect
of2021 fixed asset|||(139,515)|139,515|||
|purchases|||||||
|General Tithe transfer|||81,472|(81,472)|||
|Balance carried forward|||(303,517)|8,298,990|(5,641)|7,98a,432|
|PCC|||||||
|UNRESTRICTED FUNDS|||||||
||General|Redev.|Redev.||Ongoing||
||Tithe|Tahe|Fund|Total|Activities|TOTAL|
||E|E|E|f|f|E|
|Balance brought
forward|1,641|22,313|2,119,687|2,143,641|4,859,245|7,002,886|
|Surplus/(deficit)
for year|||||(9,839)|(9,839)|
|Gifts Received|||1,094,315|1,094,315||1,094,315|
|Redevelopmenl
Gift Tithe||95,568|(95,568)||||
|Interest received|||2,717|2,717||2,717|
|Grants paid|(59,880)|(30,950)||(90,830)||(90,830)|
|Development
costs|||(5,614)|(5,614)||(5,614)|
|Administration
costs|||(162)|(162)||(182)|
|Church
activity income|||||||
|Transfer
in respeot of Fixed
Asset additions|||(3,359,541)|(3,359,541)|3,369,541||
|Special transfer
in respect
of2021 fixed asset|||(139,515)|(139,515)|139,515||
|purchases|||||||
|General Tithe transfer|61,472|||81,472|(61,472)||
|Balance carried forward|23,233|86,931|(383,681)|(273,517)|8,266,990|7,993,473|
##
##
##
|12|SI
|OFNETAS|SETSBETWEEN F|UNDS||||
|---|---|---|---|---|---|---|---|
||||||General|Designated||
||||||Funds|Funds|Total|
||||||6|6|6|
|Fund balances at 31December 2022 are represenled
Tangible fixed assets
Current assets||||by.|8,104,015
473,389|1,362,483|8,104,015
1,836,880|
|Credltorsi|amounts|falling due|within one year||(222,221)|(410,000)|(632,221)|
|Creditors;|amounts|falling due|aRer one year||(64,243)|(1,256,000)|(1,320,243)|
||||||8,290,941|(303,517)|7,988,432|
|Fund balances at 31 December 2021 were represented
Tangible
fixed assets||||by.|4,838.316||4,838,316|
|Current assets|||||402,194|2,143,641|2,545,835|
|Creditors:|amounts|falling due|within one year||(359,644)||(350,644)|
|Creditors:|amounts|falling due|sRer one year||(47,100)||(47,100)|
||||||4833f766|2 143(641|6977(407|
|3
N|CI LCOMMIT||EN|||||
##
##
##
|PCC members.
This was no|t co|nnected
with the m|ember|s
carrying
o|ut their duties.||
|---|---|---|---|---|---|---|
|1
Dl GSU
A|||||||
|Greyfrlars
Minislriss
Limited
is a wholly owned subsidiary
ofthe PCC controlled as disdosed
above in note 14.The
company
provides
day nursery facilities for children
in the Reading area. The results have been consolidated
in the
PCC's Statement
of
Financial
Activities and Balance Sheet. The figures below are from its financial
statements.
Turnover|||||||
||||||2022|2021|
|Summary
Profit and Loss Account|||||E|E|
||||||840,814|577,153|
|Cost ofSales|||||(468,973)|(364,725)|
|Gross Profit|||||371,841|212,428|
|Other operating
income||||||30,066|
|Administrative
Expenses|||||(350,443)|(266,554)|
|Operating
Profit/(Loss)|||||21,398|(24,060)|
|Other interest receivable and similar income|||||52|5|
|Profit/(Loss)
on ordinary
activities before taxation|||||21,450|(24,055)|
|Tax on Profit/(Loss)
on ordinary||activities|||(1,011)|4,570|
|Profit/l. oss for the period|||||20,439|(19,485)|
|Summary
Balance Sheet|||||||
|Tangible Assets|||||7,680|8,134|
|Current Assets|||||175,833|71,549|
|Current
Liabilities|||||(124,311)|(56,062)|
|Net Current Assets|||||51,522|13,487|
|Provision for Ltabltit/es|||||10,424|11,435|
|Creditors —amounts
falling due||in over one year|||(74,667)|(58,535)|
|Total Represen6ng
Members Funds|||||(5,041)|(25,479)|
##
##
##
##
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||f|f|
|Grani commitments
brought
forward at 1 January|||||2020|58,535|43.935|
|Grant funding|received|during|the year|||356.080|295,988|
|Grant funding|released|against|spending|during|the year|(339,948)|(281,388)|
|Deferred Grant|funding|carried|forward|||74,667|58,535|
##
##
|20|Cash generated
from|operations|2022
8|2021
8|
|---|---|---|---|---|
||Surplus
for the year||1,011,025|542,298|
||Adjustments
for:
Depreciation
of langible|feed assets|97,996|60,710|
||Impairment
offixed assets|||245,000|
||Loss on disposal offixed assets|||68,200|
||Interest received||(2,717)|(6,330)|
||Movements
in working|capital:|||
||Decrease in stocks||8,841|(17,799)|
||Increase
in debtors||(750,237)|19,826|
||Increase
in creditors||156,577|(8,249)|
||Decrease in provisions||1,011|(4,570)|
||Increase in creditors
due after one year||372,132|14,599|
||Cash generated
from|operations|894,628|913,685|