2023-04-30-accounts - Friends Of The Holy Land

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	Pages
Trustees' annual report	1 to 10
Independent examiner's report tothe trustees
Statement offinancial activities	12
Statement offinancial position	13
Statement ofcash flows	14
hiotes to the financial statements	15to 23

P	m 1 A	pril 2022to2	0 April 20	23
					Yearto
		period from	1Apr 22to 30Apr 23		31 Ivlar 22
		Unrestricted	Restricted
	Note	funds f	funds 8	Total funds	Totaifunds E
income and endowments
Donations and legacies Other trading activities	4 6	686,590 45,906	144,579 —	831,169 45,906	771,353 33,543
Investment income	6	684		684	441
Total income		733,180	144,579	877,759	8D5,337
Expenditure
Expenditure on raising funds; Costs ofother trading activi8es Expenditure on charitable activities	7 8,$	30,269 261,786	5'l0,794	30,269 772,580	18,280 817,836
Total expenditure		292,D55	510,794	802,849	834,116
Net income/(expenditure)		441,125	(386,215)	74.910	(28,779)
Transfers between funds		(433,132)	433,132
stet movement In funds		7,993	66,917	74,910	(28,779)
Reconciliation offunds
Total funds brought forward		180,858	137,521	318,379	347,158
Total funds carried forward		188,851	204,438	393,289	318,379

		Note	30Apr 23 6	31 Mar 22 6
Fixed assets
Tangible fixed assets		16	259	2,068
Current assets
Stocks		18	3842	3305
Debtors		17	50,275	21,335
Cash at bank and in	hand		345,483	303,276
			399,600	327,916
Creditors; amounts	falling due within one year	18	6,570	11,605
Net current assets			393,030	316,311
Total assets less current liabilities			393,289	318,379
Net assets			393,289	318,379
Funds ofthe charity Restricted funds			204,438	137,521
Unrestricted funds			188,851	180,858
Total charity funds		20	393,289	318,379

			30Apr23 8	31 Mar 22 6
Cash ftows from operating Nsi income/(expenditure)	activNes		74,910	(28,779)
Adjustments for, Depreciation oftangible fixed Other interest receivable and Accrued (income)/expenses	assets similar income		1,809 (664) (5,035)	1,670 (441) 8,630
changes in: Stocks Trade snd other debtom			(537) (28,940)	419 24,199
Cash generated from operations			41,523	5,698
interest received			684	441
Net cash from operating activities			42,207	6,139
Net increase in cash aod cash equivalents Gash and cash equivalents at beginning		ofperiod	42,207 303,276	6,139 297,137
Cash and cash equivalents	at end ofperiod		345,483	303,276

5.	Other trading		activities
					Unrestricted	Total Funds		Unrestricted	Total Funds
					Funds		2023	Funds	2022
							8	E	5
	Commercial products	activIes: Olive		wood	45,908		igi,906	33,543	33,543
6,	Investment	income
					Unrestricted		Total Funds	Unrestricted	Total Funds
					Funds		2023	Funds	2022
									5
	Bank interest		receivable		684		684	441	441
1'.	Costs ofother trading activities
					Unrestricted		Total Funds	Unrestricted	Total Furlds
					Funds		2023	funds	2022
							5	8	E
	Olive wood products				30,269		30,269	16,280	16,280
8.	Expenditure		on charitable	activities	by fund type
							Unrastricted	Restricted	Total Funds
							Funds	Funds	2023
							8	E	8
	Grant making Support costs						261,786	510,794	510,794 261,786
							261,786	510,794	772,580
							Unrestricted	Restricted	Total Funds
							Funds	Funds	ZD22
							6		E
	Grant making Support costs						225,092	592,744	592,744 225,092
							225,092	592,744	817,836
9.	Expenditure		on charitable	aotivitttar	by activity type
					Grant funding ofactivities		Support costs	Total funds 2023 8	Total fund 2022 8
	Grarlt making				510,794		261,786	772,580	817,836

	2023 f	2022 f
Employee cosbi Rent and rates Holy Land office Sundry expenses Telephone Post and stationery Marketing Travelling expenses Computer expenses Depreciation	90,135 9,845 23,830 13,958 1,565 4,764 97,751 12,365 5,764 1,809	91,602 8,118 19,359 9,584 1,070 2,380 82,400 4,'l48 4,751 1,670
	261,786	225,092

Grants can be analysed as follows
	2023	2022
	8
Community Support Family Support Martha's House School ofJoy	45,847 320,832 59,170 84,'945	43,223 404,155 56,887 88,479
	510794	592 744

independent	examination
			Period from
			1Apr 22to	Year to
			30Apr23	31 Mar 22
Fees payable independent	tothe independent examination ofthe	examiner for. financial statements	1,150	1,150

Staff costs
Ths total staff costs and	employee	bsnsfils for the reporUng	period sre anaiysed as Period from	follows:
			1Apr22to	Year to
			30Apr 23	31 Msr 22
			8	E
Wages snd salaries Social security costs Employer contdibutions	tc pension	plans	80,373 640 9,122	75,032 5,062 11,508
			90,135	91;602

		Equipment
Cost At 1 April 2022 and SO April 2023		5,010
Depreciation At 1 April 2022 Charge forthe period		2,942 1,609
At 30April 2023		4,751
Canying amount At 30April 2023		259
At31 March 2022		2,066
Stocks
	SOApr23 8	31 Mar 22
Rmaterials andconsumables	3.842	3,305

Analysis ofcharitable f	unds (sonrsmedl
Movement in funds
	Opening	Incoming	Outgoing		Closing
	balances	resources	resources	Transfers	balances
		E	E	E	E
Unresthcted Legacy Family support Community support Martha's House School ofJoy Water project	180,858 86,373 1D,332 2,995 30,000 7,821	733,180 6,890 2,958 27,137 107,594	(292,055) (320,832) (45,847) (59,170) (84,945)	(433,132) (72,350) 333,610 42,852 71,212 57,808	188.851 14,023 30,000 15,000 30,000 115,415
	316,379	877,759	[802,849)		393,289

21.	Analysis ofnet as	se	ts between funds
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2023
				r		E
	Tangible fixed assets			259		259
	Current assets Creditors less than	1	year	195,'i62 (6,570)	204,438	399,600 (6,570)
				188,851	2D4,438	393,289
				Unrestncted	Ress'icted	Total Funds
				Funds	Funds	2022
				E	E	E
	Tarrgible ford assets Current assets Creditors less then 1		year	2,068 190,395 (11,605)	137,521	2,068 327,916 (11,605)
	Net assets			180,858	137,521	318,379
22.	Analysis ofchanges		innet debt
						At
				At 1 Apr 2022	Cash flows	30Apr 2023
				E	E	E
	Cash at bank and in	hand		303,276	42,207	345,483