## ## ## |Members|Revd David Hall (Vicar)|Revd David Hall (Vicar)|Revd David Hall (Vicar)|Revd David Hall (Vicar)|||| |---|---|---|---|---|---|---|---| ||Revd Terence||Russoff (Associate Minister)||||| ||Oyinkan
Adesakin|||(Churchwarden)|||| ||Sylvia Mann|(Assistant|||Churchwarden)||| ||Helene Buijs||||||| ||Emily Clode||||||| ||Gordon Cutting||||||| ||Jenni Hudson||||||| ||Duncan
Kerr|(Diocesan|||Synod)||| ||Olu Olanrewaju||||||| ||Mark Sullivan||(Churchwarden)||||| ||Jonathan
Lilley|||||(Appointed|16 May 2022)| ||Andrew
Farr|||||(Appointed|16May 2022)| |Charity number|1129662||||||| |Auditor|Summers
Morgan||||||| ||Sheraton
House,|||Lower|Road||| ||Chorleywood||||||| ||Herffordshire||||||| ||WD3 5LH||||||| |Bankers|CAF Bank Ltd||||||| ||Kings
Hill||||||| ||West Mailing||||||| ||Kent||||||| ||ME194TA||||||| |Legal Advisors|Debenhams|Ottaway|||||| ||107St Peter'|s|||||| ||StAlbans||||||| ||Herts||||||| ||AL1 3EW||||||| ## ## |||Page| |---|---|---| |Members'
report||1-7| |Statement
of members'|responsibilities|| |Independent
auditor's|report|9- 11| |Statement offinancial|activities|12| |Balance sheet||13| |Statement
ofcash flows||14| |Notes to the financial|statements|15-28| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2022|2021|| |---|---|---|---|---|---|---|---|---| ||||Notes||6||6|| |Fixed assets||||||||| |Tangible assets|||11|||24,970||1,646,027| |Investment
properties|||12|||2,525,000||900,000| |||||||2,549,970||2,546,027| |Current assets||||||||| |Stocks|||13||320||837|| |Debtors|||14||14,736||26,998|| |Cash at bank and in|hand||||311,534||321,173|| ||||||326,590||349,008|| |Creditors: amounts|falling due within|||||||| |one year|||||(45,211)||(33,109)|| |Net current assets||||||281,379||315,899| |Total assets less current liabilities||||||2,831,349||2,861,926| |Creditors: amounts|falling due after|||||||| |more than one year|||16|||(73,454)||(82,405)| |Net assets||||||2,757,895||2,779,521| |Capital funds||||||||| |Endowment
funds||||||274,057||274,057| |Income funds||||||||| |Restricted
funds|||18|||14,262||3,187| |~Drain Igd||||||||| |General designated|funds|||1,303,263|||1,341,504|| |Revaluation
reserve||||1,063,019|||1,063,019|| |Total designated
funds||||||2,366,282||2,404,523| |Unrestricted
funds -|general|||||103,294||97,754| |||||||2,757.895||2,779,521| |The financial statements||were approved|by the Members|on|...(DP. .|..tn/ZPZ3||| ||||Andre|||||| |Trustee|||Trustee|||||| ## ## ## ||||||Unrestricted|Designated|Restricted|Endowment|Total|Tolal| |---|---|---|---|---|---|---|---|---|---|---| ||||||funds|funds|funds|funds||| ||||||general|||||| |||||Notes|2022
6|2022
Z|2022
6|2022f|2022
6|2021
6| |In||wmn||fr m||||||| |Donations
and|legacies|||2|603,405|6,875|37,173||647,453|546,876| |Income from charitable||||||||||| |activities|||||56,287||5,170||61,457|31,482| |Investments|||||45,364||11,274||56,638|47,819| |Other income|||||5,172||||5,172|3,738| |Total income|||||710,228|6,875|53,617||770,720|629,915| |gZg~ni ~rn:||||||||||| |Charitable
activity||||||||||| |expenditure||||8|637,083|117,479|37,784||792,346|642,736| |Net incomel||||||||||| |(expenditure)
transfers|before||||73,145|(110,604)|15,833||(21,626)|(12,821)| |Gross transfers|between|||||||||| |funds|||||(67,605)|72,363|(4,758)|||| |Net incoming/(outgoing)||||||||||| |resources|||||5,540|(38,241)|11,075||(21,626)|(12,821)| |Other recognised|||gains|and losses||||||| |Revaluation
of|tangible|||||||||| |axed assets||||||||||250,000| |Net movement|in|funds|||5,540|(38,241)|11,075||(21,626)|237,179| |Fund balances|at 1|||||||||| |January 2022|||||97,754|2,404,523|3,187|274,057|2,779,521|2,542,342| |Fund balances|at||31|||||||| |December 2022|||||103,294|2,366,282|14,262|274,057|2,757,895|2,779,521| ## ## ## |||||2022||2021|| |---|---|---|---|---|---|---|---| ||||Notes||||| |Cash flows from operating||activities|||||| |Cash absorbed
by operations|||22||(46,879)||(71,861)| |Investing|activities||||||| |Purchase|oftangible
fixed assets|||(7,750)||(3,154)|| |Investment|income received|||56,638||47,819|| |Net cash|generated
from investing||||||| |activities|||||48,888||44,665| |Financing|activities||||||| |Repayment|of bank loans|||(11,648)||(12,444)|| |Net cash|used in financing|activities|||(11,648)||(12,444)| |Net decrease
in cash and||cash equivalents|||(9,639)||(39,640)| |Cash and|cash equivalents|at beginning|ofyear||321,173||360,813| |Cash and|cash equivalents|at end of|year||311,534||321,173| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Unrestricted|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---|---|---| |||||||funds|funds|funds||| |||||||general|designated|||| |||||||2022|2022|2022|2022|2021| ||||||||6|6||| |Taxed standing|||orders &other|||||||| |donations||||||449,335||30,224|479,559|399,703| |Collection||envelopes
&|||other gift aid|12,043||1,542|13,585|4,359| |Income tax recoverable|||||on SO &gift|||||| |aid||||||110,659||5,407|116,066|126,105| |Untaxed|standing|||order/|GAYE|30,112|||30,112|16,709| |Collections||of|loose cash &other|||||||| |donations||||||1,256|||1,256|| |Legacies|||||||6,875||6,875|28,560| |For the year ended 31|||||December|||||| |2022||||||603,405|6,875|37,173|647,453|546,876| ## ## ## ## |||2022|2021| |---|---|---|---| |||8|6| |Weddings||1,904|5,845| |Funerals||6,410|10,087| |YPF Events||3,410|143| |Hire of rooms||30,548|6,334| |Junction events||12,114|3,532| |Toddlers||1,543|343| |Bookstall||716|80| |Other trading|income|4,812|1,403| |Job retention|scheme grant||3,715| |||61,457|31,482| |Analysis
by fund|||| |Unrestricted|funds - general|56,287|30,475| |Restricted
funds||5,170|1,007| |||61,457|31,482| ## |||Unrestricted|Restricted|Total|Unrestricted| |---|---|---|---|---|---| |||funds|funds||funds| |||general|||general| |||2022|2022||2021| ||||8||6| |House|rental income|44,245|11,267|55,512|47,696| |Interest|receivable|1,119|7|1,126|123| |||45,364|11,274|56,638|47,819| ## |||Unrestricted|Unrestricted|Restricted|Total| |---|---|---|---|---|---| |||funds|funds|funds|| |||general|general||| |||2022
8|2021
f|2021
6|2021f| |Other|income|5,172|2,988|750|3,738| ## ## ## |||2022|2021| |---|---|---|---| |||6|| |Staff costs||242,596|198,656| |Depreciation
and|impairment|3,808|3,808| |Parish share||207,155|199,047| |House repairs
&maintenance||61,267|15,533| |House mortgage|interest|2,939|2,143| |Church
running
expenses||42,167|39,127| |Church
training
and mission||8,325|9.999| |Pastoral care||2,800|2,492| |Resources for work with young people||3,317|2,876| |Resources for work with children||3,407|5,202| |Charitable
activity|costs (in relation to note 3)|16,872|11,358| |Services costs||40,850|33,889| |Office expenses||7,138|6,096| |Equipment
costs||7,988|11,224| |Bank charges||265|240| |Independent
examination/audit||7,000|4,000| |||657,894|545,690| |Grant funding
ofactivities (see note 7)||134,452|97,046| |||792,346|642,736| |Analysis
by fund|||| |Unrestricted
funds - general||637,083|523,118| |Unrestricted
funds - designated||117,479|98,907| |Restricted
funds||37,784|20,711| |||792,346|642,736| ## ## ## |Grants payable|||| |---|---|---|---| |||2022|2021| |||8|E| |ACET||5,000|3,000| |ACPI-Hopkins||6,250|6,300| |Altitude
Mission|||1,150| |Ascend||4,000|3,000| |Bethany Church|Moldova|15,288|3,000| |Christian
Solidarity Worldwide||4,000|3,000| |Church Army||4,000|3,000| |Church
Misison Society||2,000|2,000| |Church Pastoral Aid Society||3,000|2,000| |Church
Urban
Fund||4,000|3,000| |C Meads|||300| |D Hall|||184| |Donate for refugees|||250| |FEBARadio||2,500|1,250| |Food Bank||1,750|750| |Friends
H Land|||250| |Frontier Youth Trust||1,500|1,000| |GEM UK Appells||9,642|7,600| |Gideons||1,000|1,000| |Haggai
Institute||2,500|2,500| |Health and Hope||5,000|2,500| |Jenga||261|250| |Jews for Jesus||1,000|1,000| |Kenyan
Children|Project|8,909|3,000| |Langham
International||3,000|3,000| |London School ofTheology||2,000|2,000| |Mission Aviation|Fellowship|3,000|4,250| |OM Meads||4,240|3,840| |Onelife||2,000|1,250| |Partnership
Trust|- Ellard|3,400|3.300| |Peace Hospice||250|| |Philo Trust||4,000|3,000| |Playskill||250|| |Prison Fellowship||1,500|1,000| |Royal British Legion||228|97| |Safe Passage|||250| |St Barnabus|||500| |Scripture
Union||2,000|2,000| |Sedassy
Knt|||50| |Tearfund||5,556|4,750| |TEFT (Kisima School)||7,850|3,325| |Trinity Hinkley|||2,500| |Watford
New Hope Trust||4,750|3,750| |Wycliffe||200|300| |Wycliffe BT - Wilson||3,728|2,400| |Wycliffe BT - Broomhall||4,900|4,200| |||134,452|97,046| |All grants were paid to institutions.|||| ## ## ## ## |The average
monthly
number ofemployees
during
th|e year was:|| |---|---|---| ||2022|2021| ||Number|Number| ||12|10| |Employment
costs|2022
8|2021f| |Wages and salaries|225,082|185,344| |Social security costs|12,758|8,809| |Other pension costs|4,756|4,503| ||242,596|198,656| ## ## ## |11|Tangible fixed assets|||||||| |---|---|---|---|---|---|---|---|---| ||||||Freehold|land|Church|Total| ||||||and buildings||equipment|| ||||||||f|| ||Cost or valuation|||||||| ||At 1 January 2022||||1,625,000||108,347|1,733,347| ||Additions||||||7,750|7,750| ||Transfer to investment|property|||(1,625,000)||-|(1,625,000)| ||At 31 December 2022||||||116,097|116,097| ||Depreciation
and impairment|||||||| ||At 1 January 2022||||||87,319|87,319| ||Depreciation
charged|in the year|||||3,808|3,808| ||At 31 December 2022||||||91,127|91,127| ||Carrying
amount|||||||| ||At 31 December 2022||||||24,970|24,970| ||At 31 December 2021||||1,625,000||21,027|1,646,027| ||The carrying
value of|land included|in land and buildings|comprises:||||| ||||||||2022|2021| ||||||||6|6| ||Freehold|||||||1,625,000| ## |Investment|property||| |---|---|---|---| ||||2022| ||||6| |Fair value|||| |At 1 January|2022||900,000| |Transfers
from owner-occupied||property|1,625,000| |At 31 December 2022|||2,525,000| ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| ||||||6|| ||Freehold||||2,525,000|900,000| ||Long leasehold|||||| ||Shortleasehold|||||| |13|Stocks|||||| ||||||2022|2021| ||||||6|| ||Finished goods and goods for resale||||320|837| |14|Debtors|||||| ||Amounts|falling due|within one year:||2022
6|2021f| ||Other debtors||||14,736|26,998| |15|Creditors: amounts||falling due within one year|||| ||||||2022|2021| |||||Notes|6|6| ||Mortgage|on 4 Berry|Way|17|10,239|12,936| ||Accruals and deferred||income||34,972|20,173| ||||||45,211|33,109| |16|Creditors: amounts||falling due after more than one year|||| ||||||2022|2021| |||||Notes||| ||Mortgage|on 4 Berry|Way|17|73,454|82,405| ## ## |17|Loans and overdrafts|Loans and overdrafts||| |---|---|---|---|---| ||||2022|2021| ||||8|5| ||Mortgage|on 4 Berry Way|83,693|95,341| ||Payable|within one year|10,239|12,936| ||Payable|after one year|73,454|82,405| |||||e0e||eIlg
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A|| ## ## ## |22|Cash generated
from|operations|||||2022|2021| |---|---|---|---|---|---|---|---|---| ||||||||8|8| ||(Deficit)/surpus
for the|year|||||(21,626)|(12,821)| ||Adjustments
for:|||||||| ||Investment
income recognised
in statement|||of financial|activities||(56,638)|(47,819)| ||Depreciation
and impairment
oftangible||fixed assets||||3,808|3,808| ||Movements
in working|capital:||||||| ||Decrease
in stocks||||||517|| ||Decrease/(increase)
in|debtors|||||12,262|(15,016)| ||Increase/(decrease)
in|creditors|||||14,798|(13)| ||Cash absorbed
by operations||||||(46,879)|(71,861)| |23|Analysis ofchanges|in net funds||||||| |||||||At 1 January|Cash flows|At 31 December| |||||||2022||2022| |||||||8|8|| ||Cash at bank and
in hand|||||321,173|(9,639)|311,534| ||Loans falling due within|one year||||(12,936)|2,697|(10,239)| ||Loans falling due after|more than one year||||(82,405)|8,951|(73,454)| |||||||225,832|2,009|227,841|