|Company|information||||
|---|---|---|---|---|
|Trustees'|report|||2- 4|
|Strategic|report||||
|Independent<br>auditor's||report||7- 8|
|Income statement|||||
|Statement|of comprehensive||income|fo|
|Statenwrit|uf firiancial|position|||
|Statement|of changes|in equity||12|
|Notes to the financial||statements||13- 17|





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|||Notes|2022|2021|
|---|---|---|---|---|
|||||8|
|Income|||433,193|373,294|
|Administrative<br>expenses|||(262,616)|(190,525)|
|Operating<br>income|||170,577|182,769|
|Exchange gains|||12,066||
|Interest receivable|||5,912|515|
|Interest payable|||(20,592)|(16,366)|
|Income on ordinary activities before taxation|||167,963|166,918|
|Tax on income on ordinary|activities||||
|Income for the financial|year||167,963|166,918|





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|||Notes|2022|2021|
|---|---|---|---|---|
||||6|6|
|Income tor the financial<br>year|||167,963|166,918|
|Other comprehensive|income||||
|Total comprehensive|income for the year||167,963|166,918|





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|as at 31 December|2022||||||
|---|---|---|---|---|---|---|
|||Notes||2022||2021|
|||||2||2|
|Fixed assets|||||||
|Tangible assets||||2,052,942||2,102,384|
|Current assets|||||||
|Stocks||8|3,091||2.166||
|Debtors||9|58,088||42,624||
|Cash at bank and in hand|||763,951||583,810||
||||825,130||628,600||
|Creditors: amounts|falling due||||||
|within one year||10|(122,403)||(114,460)||
|Net current assets||||702,727||514,140|
|Total assets less current|||||||
|liabilities||||2,755,669||2,616,524|
|Creditors: amounts|falling due||||||
|after more than one|year|11||(458,817)||(490,179)|
|Net assets||||2,296,852||2,126,345|
|Capital and reserves|||||||
|Unrestricted<br>Funds. General|||||||
|Reserves||12||1,948,328||1,780,365|
|Restricted<br>Funds: Building|||||||
|Maintenance<br>Fund||12||348,524||345,980|
|Total equity||||2,296,852||2,126,345|



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|for the year|ended 31 December|2022|||||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Other|Profit|Total|
|||Funds|Funds|reserves|and loss||
||||||accountf||
|At I January 2021||1,613,447|345,128|||1,958,575|
|Total Received|During the Year||3,870|||3,870|
|Total Expensed|Dunng the Year||(3,018)|||(3,018)|
|Nel income for|the financial year|166,918||||166,918|
|At 31 December 2021||1,780,365|345,980|||2,126,345|
|At 1January 2022||1,780,365|345,980|||2,126,345|
|Total Received|During the Year||2,544|||2,544|
|Total Expensed|During the Year||||||
|Net income for|the financial year|167,963||||167,963|
|At 31 December 2022||1 948328|348,524|||2,296852|





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|2|Analysis<br>of Income|||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||2|2|
||Tithes, Offenngs,<br>Donaticns|||& Sundry|Income|393,558|331,246|
||Building maintenance|funds|||||3,018|
||Canteen<br>8 other trading||income|||635|30|
||Rental Income|||||39,000|39,000|
|||||||433,193|373,294|
||By geographical<br>market:|||||||
|||||||433,193|373,294|
|3|Operating<br>income|||||2022|2021|
|||||||2|2|
||This is stated after charging.|||||||
||Depreciation<br>ofowned|fixed||assets||||
|4|Blaff costs|||||2022|2021|
|||||||2|2|
||Wages and salaries|||||28,764|24,706|
|||||||28,764|24,706|
||Directods and Trustee's||Renumarstion,|||||
||Benefits and Expenses|||||2022|2021|
|||||||2||



||Average number ofemployees|during the year|Number|Number|
|---|---|---|---|---|
||Pastoral||||
||Administrative<br>and operations||||
|5|Interest payable||2022||
||||2||
||Mortgage interest||20,592|16,366|





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|7|Tangible fixed ass|ets||||||
|---|---|---|---|---|---|---|---|
|||||||Fixtures,||
|||||Freehold||flNlngs,||
||||Leasehold|Land and|Motor|tools and||
||||Land<br>Ai cost|Buildings<br>Arccsl|Vehicle<br>Atcost|equipment<br>Ai cost|Total|
||||2|2|2|2||
||Cost or valuation|||||||
||At 1 January 2022||141,218|2,425,956|40,000|255,700|2,862,874|
||Additions||2,769|4,900|0|12,883|20,552|
||At 31 December 2022||143987|2430856|40 000|268583|2883426|
||Depreciation|||||||
||At 1 January 2022||7,279|543,253|15,435|194,523|760,490|
||Charge for the year||2,880|48,617|3,685|14,812|69,994|
||At 31 December 2022||10,159|591,870|19,120|209,335|830,484|
||Carrying<br>amount|||||||
||At 31 December 2022||133828|1 838,986|20,880|59,248|2,052,942|
||At 31 December 2021||133,939|1,882,703|24,565|61,177|2,102,384|
|8|Stocks||||2022|2021||
||||||9|2||
||Finished goods and|goods for resale||||2,186||
|9|Debtors||||2022|2021||
||||||2|2||
||Advanced<br>payment|to a supplier|||7,513|470||
||Other debtors||||5,120|7,285||
||Prepayments||||7,316|6,144||
||Accrued tncome||||38,139|28,725||
||||||58,088|42,624||
|10|Creditors: amounts|taglng due within one year||||2021||
|||||||2||
||Bankloans||||51,904|51,904||
||Amounts<br>Held on behalf oi Church Bands||||57,819|51,609||
||Trade creditors|||||||
||Advanced<br>rental income deferred||||3,250|3,250||
||Other taxes and social security costs||||691|711||
||Accruals||||8,739|6,986||
||||||122,403|114,460||





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|11|Creditors: amounts|falling due after one|year|||2021|
|---|---|---|---|---|---|---|
|||||||8|
||Bank loans||||449,067|480,429|
||Licensee's deposit held||||9,750|9,750|
||||||458,817|490,179|
||Bank loan is secured|by a legal charge over a freehold||property|known as 333High|Road,|
||Wood Green N22 8GZ.||||||
|12|Unrestricted<br>Funds|||||2021|
||Unrestricted<br>Funds|||||2|
||At I January||||1,780,365|1,613,447|
||Profit for the financial|year|||167,963|166,918|
||At 31 December||||1,948,328|1,780,365|
|12|Restricted Fund: Building Maintenance||Fund||||
||At I January||||345,980|3A6,128|
||Total Received During|The Year|||2,544|3,870|
||Total Expensed<br>During The Year|||||(3,018)|
||At 31 December||||348,524|345,980|



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