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|Report ofthe Trustees|||1-4|
|Report ofthe Independent||Examiner||
|Statement ofFinancial|Activities|||
|Income and expenditure||Account||
|Balance Sheet||||
|Notes to the Financial|Statements||9-12|
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||||Unrestricted|Unrestricted|||||2022||
|---|---|---|---|---|---|---|---|---|---|---|
|||Notes|General|Designated|Restricted||Endowment||Total|2021|
|Incoming resources - Voluntary||resources|||||||||
|Direct giving
—Freewill offerings|||39,189||||||39,189|42.924|
|Indirect giving - gift aid
Grants receivable|||6264
500||||||6/64
500|9,120
868|
|Donations/exceptional
income|||625||||||625|235|
|Gifts for other causes||||||3,481|||3,481|456|
|Fund-ratsmg|||1,768||||||1,768|270|
|Miscellaneous
income||||||||||6,903|
|Hall and property-letting
income|||13,171||||||13,171|745|
|Investment
income||3|3,156||||||3,156|3,849|
|Monday Fellowship||14||364|||||364|30|
|Restricted legacies||||||||||10.000|
|Unrestricted
legacies||||||||||11.929|
|Total incoming
resources|||64,673|364||3.481|||68+18|87,329|
|Outgoing
resources expended|in||||||||||
|the church's
mission|||||||||||
|Ministry
and mission||7|26,427||||||26,427|26.428|
|Ministry expenses inc.manse|||2 124||||||2,124|1.099|
|Music and Worship,
Junior Church, Baby Group|||2,610||||||2,610|1,341|
|Gifts to outside causes|||500|||1,839|||2+39|2,900|
|Premises expenses|||50,414||||||50,414|50,901|
|General and admin. expenses|||12,814||||||12,814|12.847|
|Monday Fellowship||||416|||||416||
|Costs ofchanging
investments|||1,473||||||1,473||
|Total outgoing resources|||96.362|416||1,839|||98,617|95,516|
|Net incoming/(outgoing)|||||||||||
|resources before transfers|||(31,689)|(52)||1,642|||(30,099)|(8,187)|
|Transfers between funds|||||||||||
|Net incoming/(outgoing)|||||||||||
|resources before investment|||||||||||
|assets revaluation
and disposal|||(31.,689)|(52)||1,642|||(30,099)|(8,187)|
|Gains /(losses) on revaluation/disposal|||||||||||
|ofinvestment
assets||||577||||(1,230)|(653)|14,946|
|Net increase/(decrease)
in funds|||(31,689)|525||1,642||(1,230)|(30,752)|6,759|
|Fund balances b/fwd 1.7.21|||65.969|K 128,338|K|717|f.|64,970|f. 259/94|E 253,235|
|Fund balances 30.6.22|||34,280|f. 128,863|f.|2,359|K|63,740|K 229+42|K 259,994|
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||||Notes|Notes|[|2022||2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Total||
|Income|||||||||
|FWO envelopes
and standing||orders|||37o84||37/84|41,645|
|FWO loose|||||1,905||1,905|1,279|
|Gift aid|||||6,264||6+64|9,120|
|Investment
income||||3|3,156||3,156|3,849|
|Grants receivable|||||500||500|868|
|Donations||||4|625||625|235|
|Fund raising|||||1,6'73||1,673|270|
|Gifts for causes outside the|local church||||||||
|Lettings - - Havant Meeting|Place and Waterside|||hall|13,171||13,171|745|
|Sundry receipts (202It Insurance|||receipt)|||||6.903|
|Flower fund|||||||95||
|Unrestricted
legacies||||||||6,080|
|Total income|||||64,673||64,673|70,994|
|Expenditure|||||||||
|Ministry|||||||||
|Ministry
8'c Mission|||||26,427||26,427|26,428|
|Expenses|||||2,124||2,124|1.099|
|Manse - utilities
and insurance|||||||||
|-repairs|||||||||
|Music and worship|||||2.279||2+79|1,341|
|Junior church|||||80||80||
|Local mission projects|||||251||251||
|Caretaking - salary|||||13,499||13,499|13.053|
|- expenses, house||costs|||2,689||2,689|8,192|
|Church and halls - heating|and lighting||||10,970||10,970|7,698|
|-utilities and||insurance|||6,692||6,692|6,106|
|-repairs|||||16,564||16564|15,853|
|Donations to causes outside|the||local church||500||500|200|
|Printing,
postage and stationery|||||3,749||3,749|3,947|
|Sundry expenses|||||3,216||3+16|4,156|
|Costs ofchanmng
investments|||||1,473||1,473||
|Flowers, Kitchen and Coffee||Bar expenses|||486||486|24|
|Depreciation offixed assets|||||5,363||5,363|4,720|
|Loan interest|||||||||
|Total expenditure|||||96,362||96+62|92,816|
|(Deficit) ISurplus ofincome||less expenditure|||(X31,689)||(%31,689)|(f.21,822)|
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|||Notes|[||2022||2021|
|---|---|---|---|---|---|---|---|
|Tangible Fixed Assets||||||48,791|53,604|
|Investments||||||||
|Stocks and shares||||||92@59|83,211|
|Current Assets||||||||
|Debtors||10||7,869|||10,390|
|Prepayments
and|deferred income|||6,646|||7,017|
|Bank and cash balances||||'77,730|||108,496|
|||||92/45|||125,903|
|Creditors
and accrued expenses||||4,353|||2 724|
|Net current assets||||||87,892|123,179|
|Total assets less current liabilities||||||229442|259,994|
|Creditors - amounts|falling due after one year|||||||
|Total assets less liabilities||||||229+42|f259,994|
|Church Funds||||||||
|Unrestricted
—general||||||34+80|65,969|
|Unrestricted
-designated||13||||128,863|128,338|
|Restricted||||||2/59|717|
|Endowment||||||63,740|64,970|
|||||||229+42|f259,994|
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|2.|Grants receiveable.|||2022|2021|
|---|---|---|---|---|---|
||Grant &om URC (Wessex) Trust Ltd for 'Baby Group'|||500||
||Payroll grant under Covid-19 rules||||868|
|3.|Investment
Income.|||500|868|
||Dividends
Interest
—Lloyds Bank|pic||3,134
22|3,830
19|
|||||3,156|3,849|
|4.|Donations/exceptional|income.||||
||Donations
received by|the church for its charitable|activities|625|235|
||||||235|
|5.|Donations
received for causes outside the local||church.|||
||Commitment
for Life|||1,722||
||Christian
Aid|||25|25|
||The Leprosy Mission|||1,676||
||Water Aid|||15|4|
||Beacon food bank||||365|
||The Heal Project||||20|
||Bolivia Project||||7|
||Sundry|||21|35|
|||||3,480|456|
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|8.|Fixed Assets.||||Organ|Sound|Furnishings|Total|
|---|---|---|---|---|---|---|---|---|
|||||||equipment|and fixtures||
||Cost||||||||
||Balance at 1.7.21||||30,539|22,300|40,668|93,507|
||Scrapped in year||||||||
||Purchased
in year||||||550|550|
||Balance at 306.22||||30,539|22,300|41,218|94,057|
||Depreciation||||||||
||Balance at 1.7.21||||611|1,115|38,177|39,903|
||Scrapped in year||||||||
||Charged in year||||1,220||1,911|5,363|
||Balance at30.6.22||||1,831|3,347|40,088|45,266|
||Net book value||||||||
||At 30.6.21|||||||53,604|
||At30.6.22|||||||48,791|
|9.|Investments.||||||||
|||||||2022||2021|
|||||Quantity|Cost|Price|Value|Value|
||Endowment
funds||||||||
||City Merch
High Yield Trust 25p ord.|||||||3,608|
||Dunedin
Income EcGrowth I.Trust||25p ord|||||6,380|
||Edinburgh
Investment|Trust 25p ord.||||||7,238|
||Lowland Investment|Company
25p ord||||||4,072|
||Merchants
Trust 25p|ord.||||||14,163|
||Murray Income Trust|25p ord||||||5,840|
||Securities Trust ofScotland 25p ord|||||||7,201|
||Temple Bar Invest. Trust 25p ord.|||||||6,468|
||COIF Charities Ethical Investment||Fund|23,043|65,211|2.7661|63,740.38||
||||||65,211||K63,740.38|54,969|
||Unrestricted
Desi~ated funds||||||||
||Vodafone Group $0.113/7ths ord.|||||||1,430|
||RSA Insurance
Group7.375%curn irred.|||||||6,433|
||National
Grid 11 17/43rds p ord.
Dunedin
Income 4 Growth I.Trust||25p ord|||||5,973
4,466|
||Merchants
Trust 25p ord.|||||||7,725|
||Merchants
Trust 25p|ord.||||||2215|
||COIF Charities Ethical Investment||Fund|10,419|29,451|2.7661|28,818.83||
||||||29,451||f, 28,818.83|28,242|
||Total Investments||||94,662||f, 92,559.21|83,211|
|10.
Debtors.||||||2022||2021|
||Estimated
amount oftax claim under ~It aid|||||6,606||8,036|
||Legacy Irom Estate|ofMember||||||2,000|
||Other Debtors, including
lettings at Havant Meeting Place|||||1,263||354|
|||||||7,869||10,390|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|11.Bank and cash.|||||||
|HSBC Bank pic|||||8+53|3,505|
|CAF Bank Ltd|||||9/26|18,552|
|Lloyds Current
a/c|||||13,743|4,938|
|Lloyds Deposit a/c|||||46,473|81,466|
|Petty cash|||||35|35|
|||||f,|77,730|108,496|
|12.Creditor: Amounts|payable within one year.||||||
|PAYE|||||322|264|
|Accrued expenses
Gas 4,electricity|||||819
3+12|1,201
1,259|
|Members'
loans|||||||
|||||6|4@53|2,724|
|13.Unrestricted
Designated||funds.|||||
|Lift emergency
call-out reserve|||||1+00|1,200|
|Securities at mid-market||values|||28,819|28 242|
|Saturday
lunches reserve|||||408|408|
|Monday Fellowship|funds (see note 14)||||321|373|
|Legacies received less partially|||expended||98,115|98,115|
|||||6|128,863|128,338|
|14. Monday Fellowship|funds.||||||
|||||||3E|
|Balance b/fwd|||||373|343|
|Amounts
received in freewill offerings|||||364|30|
|Amounts
paid to speakers||and charity representatives|||(416)||
|Balance c/fwd|||||321|373|
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