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|Contents||
|---|---|
||Page|
|PCC members
and advisors||
|Report ofthe PCC||
|Statement ofthe PCC Responsibilities||
|Report ofthe independent
examiners||
|Statement ofFinancial Activities||
|Balance Sheet||
|Statement ofCash Flows||
|Notes tothe Financial Statements|10|
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||||F|OR THE YE|AR ENDED|31 DECEM|BER 20202|||
|---|---|---|---|---|---|---|---|---|---|
|||||||2022|||2021|
|||||Unrestrtcled|Restrtcled|Restrtcled|Restrtcted|||
|||||funds|Hope Centre|Lhrintt Hope|church Has|Total|Total|
||||ttole|E|E||E||E|
|Income and||||||||||
|endowments||from:||||||||
|Donations and|||2|259,938||||259,938|300,654|
|legacies
Charitable
activities|||3|41,568||9,600||51,168|18,552|
|Investments|||4|1,749||||1,749|64|
|Other|||5|88,030||||88,030|40,218|
|Total income||and||391,285||9,600||400,885|359,488|
|endowments||||||||||
|Expenditure|on:|||||||||
|Raising funds||||40,466||||40,466|27,769|
|Charitable
activities||||318,062|25,398|10,276|35,072|388,808|368,223|
|Governance||||4,150||||4,150|5,560|
|Other||||49,203||||49,203||
|Total expenditure||||411,881|25,398|10,276|35,072|482,627|401,552|
|Net movement||in||(20,596)|(25,398)|(676)|(35,072)|(81,742)|(42,064)|
|funds||||||||||
|Reconciliation||of||||||||
|funds:||||||||||
|Total funds brought|||16|236,982|940,098|6,505|1,248,713|2,432,298|2,474,362|
|forward||||||||||
|Total funds carried|||16|216,386|914,700|5,829|1,213,641|2,350,556|2,432,298|
|forward||||||||||
|||Note|2022|2021
f|
|---|---|---|---|---|
|Fixed assets|||||
|Tangible assets||13|2,206,831|2,258,519|
||||2,206,831|2,258,519|
|Current assets|||||
|Debtors||14|4,469|7,304|
|Cash at bank and in|hand||147,307|175,508|
||||151,776|182,812|
|Creditors: amounts|falltng due within one year|15|(8,051)|(9,033)|
|Net current assets I(liabilities)|||143,725|173,779|
|Total assets less current liabilities|||2,350,556|2,432,298|
|Net assets I(liabiiities)|||2,350,556|2,432,298|
|Charity Funds|||||
|Restricted
funds||16|2,134,170|2,195,316|
|Unrestricted
funds||16|216,386|236,982|
|Total charity funds|I(deficit)|16|2,350,556|2,432,298|
##
|||||2022|2021|
|---|---|---|---|---|---|
||||Note|R|F|
|Cash flow fram operating|activities||18|(15,328)|27,483|
|Interest paid||||||
|Net cash flow from operating||activities||(15,328)|27,483|
|Cash flow from investing|activities|||||
|Payments
to acquire tangible||fixed assets||(14,622)||
|Interest received||||1,749||
|Net cash flow from investing||activities||(12,873)||
|Cash flow from financing|activities|||||
|Net cash flow from financing||activities||||
|Net increase I(decrease)|in|cash and cash equivalents||(28,201)|27,547|
|Cash and cash equivalents||at 1January 2022||175,508|147,961|
|Cash and cash equivalents||at 31December 2022||147,307|175,508|
|Cash and cash equivalents||consists of:||||
|Cash at bank and in hand||||147,307|175,508|
|Short term deposits||||||
|Cash and cash equivalents|at 31 December 2022|||147,307|175,508|
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|2|Income from donations|and legacies|||
|---|---|---|---|---|
||||2022|2021|
|||||f.|
|Gifts (Gift Aid)|||||
|Direct|giving||142,425|157,606|
|Gift aid recovery|||36,959|46,236|
|Gifts (Non Gift Aid)|||||
|Direct|giving||50,494|88,765|
|Legacies|||30,060|8,047|
||||259,938|300,654|
|3|Income from charitable|activities|||
||||2022|2021|
|Rent and lettings|||16,625|12,652|
|Away|weekend||14,524|150|
|Other|activities||397|210|
|Other|functions||18,082|4,973|
|Ignite|||1,540|567|
||||51,168|18,552|
|4|Income from investments||||
||||2022|2021|
||||F.|F|
|Bank|interest and dividends||1,749||
||||1,749||
|5|Other income||||
||||2022|2021|
||||K||
|Church fees received|||2,485|2,746|
|Coffee shop|||33,841|16,220|
|Furlough
grant income||||20,502|
|Grant|received||51,703|750|
||||88,029|40,218|
##
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|6
Analysis ofr|eso|urces expend|ed|||||||
|---|---|---|---|---|---|---|---|---|---|
|||Staff|Costs|Other Direct|||Other|Total|Total|
||||||Costs||Allocated|2022|2021|
||||||||Costs|||
||||f||f||f|||
|Cost of
eneratin
Coffee shop|funds||16,313||24,153|||40,466|27,769|
|Cost offunctions|||16,313||24,153|||40,466|27,769|
|Charitable
activities
Missionary
&charitable
Parish
running
cost
Church support cost
Youth work||work
97,974
9,502
107,476|||15,240
103,472
90,601
2,897
212,210||64,871
1,371
66,242|15,240
168,343
189,946
12399
385,928|16,024
163,864
177,090
11,245
368,223|
|Total charitable
activity||123,789|||236,363||66,242|426,394|395,992|
|before governance|costs|||||||||
|Other||||||||||
|Church roof repairs|||||||49,203|49,203||
||||||||49,203|491203||
|Total expenditure||123,789|||236,363||115,445|475,597|395,992|
|7
Governance|costs|||||||||
|||||||||2022f|2021f|
|Trustee remuneration
Trustee expenses
Independent
examiners||remuneration|(including||expenses|and|10
9|4150
2,880|2,800
2,760|
|benefits
in kind)||||||||||
|||||||||7,030|5,560|
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|Number
ofTrustees|
|---|
|Subsistence|
|2022
f|2021
f|
|---|---|
|4,150|2,800|
|4,150|2,800|
##
|||2022|2022||2021||2021|
|---|---|---|---|---|---|---|---|
|||Number|FTE||Number||FTE|
|Raising funds
Charitable
activities||||2
7||2
5||
##
##
|13
Tangible fixed|assets||||||
|---|---|---|---|---|---|---|
||Church
Hall|Furniture
and
Equipment|Church
Organ|Hope
Centre|Hope
Centre
Equipment|Total|
|Cost|||||||
|At 1 January 2022
Additions|1,743,381
10,249|87,478
4,373|22 115|1 062936|20,694|2,936,604
14,622|
|At 31 December 2022|1,753,630|91,851|22,115|1,062,936|20,694|2,951,226|
|Depreciation:
At 1 January 2022
Charge for the year
At 31 December 2022|486,305
35,072
521,377|80,051
4,367
84,418|10,319
1,474
11,793|84,854
21,259
106,113|16,556
4,138
20,694|678,085
66,310
744,395|
|Net book value:|||||||
|At 31 December 2022|1,232,253|7,433|10,322|956,823||2,206,831|
|At 31 December 2021|1,257,076|7,427|11,796|978,082|4,138|2,258,519|
##
|14|Debtors||||
|---|---|---|---|---|
||||2022
F|2021f|
||Gift aid recoverable|—St Mary's|3,503|2,419|
||Prepayments||966|4,885|
||||4,469|7,304|
|15|Creditors: amounts|falling due within one year|||
||||2022|2021|
||||E|K|
||Other creditors||8,051|9,033|
||||8,051|9,033|
##
##
|||Balance at||||Balance at|
|---|---|---|---|---|---|---|
|||31|Income|Expenditure|Transfer|31|
|||December||||December|
|||2021||||2022|
|||||||E|
|Unrestricted||236,982|391,285|(411,881)||216,386|
|Total||236,982|391,285|(411,881)||216„386|
|Restricted funds|||||||
|||Balance at||||Balance at|
|||31
December|income|Expenditure|Transfer|31
December|
|||2021||||2022|
|||||||K|
|Hope Centre||940,098||(25,398)'||914,700|
|Living|Hope|6,505|9,600|(10,276)||5,829|
|Church|Building|1,248,713||(35,072)"||1,213,641|
|Total Restricted
Funds||2,195,316||(70,746)||2,134,170|
##
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|17|Analysis ofnet assets between fu|nds|||
|---|---|---|---|---|
|||Unrestricted|Restricted||
|||funds|funds|Total|
|||E|E||
|Fixed|assets|17,755|2,189,076|2,206,831|
|Cash|and current investments|147,307||147,307|
|Other|current assets / liabilities|51,324|(54,906)|(3,582)|
|Total||216,386|2,134,170|2,350,556|
|18
Reconciliation
ofnet income|/|(expenditure)|to net cash flow from operating|activities|
|---|---|---|---|---|
||||2022|2021|
|Net income /(expenditure)
for year / period|||(81,742)|(42,064)|
|Interest receivable|||(1,749)|(64)|
|Depreciation
and impairment
oftangible
(increase) /decrease
in debtors||fixed assets|66,310
2,835|65,232
10,641|
|Increase
/ (decrease)
in creditors|||(982)|(6,262)|
|Net cash flow from operating
activities|||(15,328)|27,483|
##
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|||||||Outstanding||
|---|---|---|---|---|---|---|---|
|||||Income
f|Expenditure
f|balances
f|Commitments
f|
|Michael|Smith a trustee isa director||of|||||
|Epping|Paving
&Building Supplies||Ltd|||||
|At end|date 2022|||||||
|At end|date 2021||||534|||
|Sharon|Milne, spouse ofTreasurer||and|||||
|Vice Chair Richard||Milne, provided||||||
|Counselling
Services||||||||
|At end|date 2022||||210|||
|At end|date 2021||||480|||
|are satis|fied that all sa|laries are either|at or below market rat|e for simil|ar roles in the ar|ea.|
|---|---|---|---|---|---|---|
||Name||Position||Gross pay|Employer|
||||||f|Pension
f|
|Amanda|Hart|Operations|Manager and PCC||28,845|678|
|||Secretary|||||
|||||Total|28845|678|
||Name||Relationship|Relationship||Gross pay|Employer|
|---|---|---|---|---|---|---|---|
|||||||f|Pension
f|
|Caroline Jane Macdonald||Spouse|of|Chairman|Malcolm|11,469|157|
|||Macdonald||||||
|Martin|Huff|Spouse of|PCC|Member Julie|Huff|24,201||
||||||Total|35,670|157|
##
|FOR TH|FOR TH|E YEAR ENDED 31 DECEMB|E YEAR ENDED 31 DECEMB|E YEAR ENDED 31 DECEMB|ER 2022||
|---|---|---|---|---|---|---|
|20
Capital and Major Repairs||Cornrnitments|||||
||||||2022|2021|
|Contracted
but not invoiced|||||||
|Authorised
but not contracted for|||||||
|21
Financial Instruments|||||||
|The Charity's
financial
instruments||may be|analysed as follows:||||
|Financial Assets|||||||
||||||2022|2021|
||||||R||
|Financial Assets Measured at|Cost||||||
|Cash and Cash Equivalents|||||147,307|175,508|
|Financial Assets Measured at|Amortised||Cost||||
|Other Debtors|||||4,469|7,304|
|Total Financial Assets|||||151,776|182,812|
|Financial
Liabilities|||||||
|Financial Liabilities
Measured|at|Amortised||Cost|||
|Trade Creditors|||||||
|Other Creditors|||||8,051|9,033|
|Total Financial
Liabilities|||||8,051|9,033|
##
##
||||R strhted Hope||Rslrhtsd||
|---|---|---|---|---|---|---|
||||Cenlre|||Total|
|||E|E|||R|
|Income and endowments|||||||
|from:|||||||
|Donations and|legacies|300,654||||300,654|
|Charitable
activities||18,552||||18,552|
|Investments||64||||64|
|Other||40,218||||40,218|
|Total income|and|359,488||||359,488|
|endowments|||||||
|Expenditure
on:|||||||
|Raising funds||27,769||||27,769|
|Charitable
activities||306,462|25,398|1,495|34,868|368,223|
|Governance||5,560||||5,560|
|Total expenditure||339,791|25,398|1,495|34,868|401,552|
|Net movement|in funds|19,697|(25,398)|(1,495)|(34,868)|(42,064)|
|Reconciliation|offunds:||||||
|Total funds brought fonvard||217,285|965,496|8,000|1,283,581|2,474,362|
|Total funds carried forward||236,982|940,098|6,505|1,248,713|2,432,298|