| Officers and Professional Advisers |
|
|---|---|
| Trustees' Report |
|
| Trustees' Responsibilities Statement |
|
| Independent Auditor's Report |
|
| Consolidated statement offiaancial activities |
|
| Balance sheets | 10 |
| Consolidated cash Boiv statement |
|
| Notes to the financial statements | 12 |
| OFFICE | RS AND PR | OFESSIONAL ADVISERS | ||
|---|---|---|---|---|
| Vicar | Henry Kendal (until May 2021) | |||
| Director | ofMinistry | Andrew Gliddon |
||
| Other Clergy | Lauren Gate" (until July 2022) | Adrian Clarke | ||
| Helen Shannon | Dudley Hanciles | |||
| Michelle Taylor (From Aug 2022) | Michael Pavlou (until July 2022) | |||
| Sebastian Cummings (from July |
||||
| 2022) | ||||
| *Not on PCC | ||||
| Church Wardens | Tosin Coker | |||
| Ros Hoare | ||||
| Deaaery Synod | Ola Alabi | Peter Troup | ||
| Representatives | Beth Jolley (from May 2022) | David Vincent | ||
| (Trustees) | Elizabeth Boreham (until May 2022) Nathan Taylor |
|||
| Julia Connick | Robert Bo Sun (from May 2022) | |||
| Emma Westbury (until May 2022) |
||||
| Tiani Fernando-Perera | ||||
| Elected Members | Shirley Boateng | Rinret Leks | ||
| (Trustees) | Yomi Daniel (until May 2021) | Bridget Nunn-Harvey | ||
| Carl Dorey | Evelyn Peart | |||
| Kristina Drew | Fredy Tirado | |||
| Jan Kovar | Emmanual Korboe (from May 2022) |
|||
| Joshua Sheng | Anne Saffrey (from May 2022) | |||
| Adeline Selvaraj (from May 2022) |
||||
| Standing | and Finance | Tosin Coker | Peter Troup | |
| Contntittee | Members | Ros Hoare | Tiani Fernando-Perera | |
| Henry Kendal (until May 2022) | ||||
| Andy Gliddon | ||||
| Principal | address | StBamabas Church, 913High Road, | London N12 8QJ | |
| Auditor | Leaman Mattei, Suite 1,First Floor, | 1 Duchess Street, London WIW 6AN | ||
| Bankers | National Westminster Bank Pic, 786 |
High Road, Finchley, London N12 9NZ | ||
| Solicitors | Lu Oliphant Solicitors I.LP, 10Bloomsbury Way, London WC IA 2SL |
| Unrestricted | Restricted | Unrestricted | Restricted | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | Total fuads | funds | funds | Total | ||||||
| Note | 2022 | 2022f | 2022 f |
2021 f. |
2021 8 |
funds 2021 |
|||||
| INCOME FROM: | |||||||||||
| Donations | 802,423 | 367,194 | 1,169,617 | 798,555 | 384,112 | 1,182,667 | |||||
| Charitable activities |
|||||||||||
| Fees | 4,446 | 3,102 | 7,548 | 2,508 | 2,508 | ||||||
| Lettings | 10,755 | 34,392 | 45,147 | 260 | 27,048 | 27,307 | |||||
| Other tradmg activities |
|||||||||||
| Investments | 400 | 400 | 18 | 18 | |||||||
| Other | |||||||||||
| Other | 7,818 | 7,818 | 5,341 | 5,341 | |||||||
| TOTAL INC OSIE |
825,842 | 404,688 | 1,230,530 | 806,682 | 411,160 | 1,217,842 | |||||
| EXPENDITURE | Oin: | ||||||||||
| Raismg funds | 2,346 | 757 | 3,103 | 1,096 | 779 | 1,875 | |||||
| Charitable actwities |
531,422 | 531,422 | |||||||||
| Church a Worship | 136,338 | 3,169 | 139,507 | 486,727 | 5,977 | 492,704 | |||||
| Mission | 123,933 | 5,555 | 129,488 | 139,788 | 4,454 | 144,242 | |||||
| Estates | 49,973 | 43,904 | 93)877 | I14,720 | 12,119 | 126,839 | |||||
| Outreach | 93,374 | 98 | 93,472 | 44,079 | 39,894 | 83,973 | |||||
| Youth | 109,596 | 21 | 109,617 | 84,273 | 84,273 | ||||||
| Ciuldren | 18,840 | 127,326 | 146,166 | 102,174 | 102,174 | ||||||
| Oakleigh | 75,295 | 75,295 | 10,987 | 198,184 | 209,171 | ||||||
| Faith House | 59,003 | 59,003 | |||||||||
| Go A Grow | 63 | 63 | |||||||||
| TOTAL EXPENDITURE | 3 | 1,065,822 | 256,125 | 1,321,947 | 983,844 | 320,473 | 1,304,317 | ||||
| Net (expenditure)/income | for the year | 6 | (239,980) | 148,563 | (91,417) | (177,162) | 90,687 | (86,475) | |||
| Transfer between | funds | 224,851 | (224,851) | ||||||||
| NET iSIOYEiSIEiNT | IN FUiNDS | (239,980) | 148,563 | (91,417) | 47,689 | (134,164) | (86,475) | ||||
| RECONCILIATION | OF | FUNDS: | |||||||||
| Total funds brought | fonvard | 7013530 | 203 503 | 7)217033 | 6 965 841 | 337667 | 7 303508 | ||||
| Total funds cerned | forward | 6,773,550 | 352066 | 7 125i616 | 7 013*530 | 203 503 | 7 217033 |
| Year ended 31D | ecember 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Group | Church | ||||||
| Note | 2022 | 2021 | 2022 | 2021 | |||
| FIXEDASSETS | |||||||
| Tangible assets | 8 | 6,550,810 | 6,699,500 | 5,882,926 | 6,024,776 | ||
| CURRENT ASSETS | |||||||
| Debtors: due within | one year | 9 | 42,266 | 57,298 | 42,266 | 56,925 | |
| Cash at bank and in | hand | 724,666 | 671,408 | 706,161 | 645,404 | ||
| 766,932 | 728,706 | 748,428 | 702,328 | ||||
| Creditors: amounts |
falling due within | one year | 10 | (40,136) | (59,173) | (38,336) | (54,763) |
| NET CURRENT ASSETS | 726,796 | 669,533 | 710,091 | 647,565 | |||
| Creditors: amounts |
falling due aRer one year | 11 | (151,990) | (152,000) | |||
| NET ASSETS | 7,125,616 | 7,217,033 | 6,593,017 | 6,672,342 | |||
| FUNDS | |||||||
| Unrestricted funds |
|||||||
| General fund |
326,262 | 421,055 | 309,557 | 391,088 | |||
| Designated funds |
6,447,288 | 6,592,475 | 5,931,394 | 6,077,751 | |||
| Restricted funds |
352,066 | 203,503 | 352,066 | 203,503 | |||
| TOTAL FUNDS | 12,13 | 7,125,616 | 7,217,033 | 6,593,017 | 6,672,342 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| Note | funds | fuads | ||||
| 2022 | 2021 | |||||
| Net cash flows from operating | activities | 63,858 | (27,240) | |||
| Cash flows from investing | activities: | |||||
| Interest received | 400 | 18 | ||||
| Purchase ofproperty, plant |
and | equipment | (12,000) | (224,851) | ||
| Net cash flows from investing | activities | (11,600) | (224,833) | |||
| Cash flows from financiag | activities: | |||||
| Repayments ofborrowings | (990) | (6,220) | ||||
| Net cash flows froni financing | activities | (990) | (6,220) | |||
| Net (decrease)/increase in |
cash and cash | equivalents | 53,258 | (258,293) | ||
| Cash and cash equivalents | at | beginning | ofyear | 671,408 | 929,700 | |
| Cash and cash equivalents | at | the eod of | the year | 724,666 | 671,408 |
| Other | Allocation | ||||
|---|---|---|---|---|---|
| Direct | direct | ofsupport | Total | ||
| Grants | staff costs | costs | costs | 2022 | |
| Note 4 | Note 5 | ||||
| Raising funds | 757 | 2,346 | 3,103 | ||
| Charitable activities |
|||||
| Church & Worship | 150,438 | 105,019 | 275,965 | 531,422 | |
| Mission | 3,169 | 19,466 | 94,051 | 22,821 | 139,507 |
| Estates | 5,555 | 40,230 | 23,156 | 60,547 | 129,488 |
| Outreach | 43,904 | 2,877 | 47,096 | 93,877 | |
| Youth | 98 | 31,574 | 2,544 | 59,255 | 93,472 |
| Children | 21 | 46,574 | 3,767 | 59,255 | 109,617 |
| Oakleigh | 116,137 | 32,670 | -13,830 | 11,190 | 146,166 |
| Faith House | 75,295 | 49,920 | -49,920 | 75,295 | |
| Go & Groxv | |||||
| 244,936 | 370,872 | 170,011 | 536,128 | 1,321,947 |
| Other | Allocation | ||||
|---|---|---|---|---|---|
| Direct | direct | ofsupport | Total | ||
| Grants | staff costs | costs | costs | 2021 | |
| Note 4 | Note 5 | ||||
| Raising funds | 1,875 | 1,875 | |||
| Charitable activities |
|||||
| Church & Worship | 5,477 | 159,110 | 73,912 | 255,204 | 493,704 |
| Mission | 101,758 | 19,227 | 1,029 | 21,228 | 143,242 |
| Fstates | 39,900 | 33,635 | 53,304 | 126,839 | |
| Outreach | 42,453 | 41,520 | 83,973 | ||
| Youth | 28,828 | 1,737 | 53,708 | 84,273 | |
| Children | 46,230 | 2,236 | 53,708 | 102,174 | |
| Oakleigh | 6,100 | 42,745 | 150,257 | 10,069 | 209,171 |
| 1aith House | 5,053 | 53,950 | 59,003 | ||
| Go & Grovv | 63 | 63 | |||
| 113,335 | 341,094 | 361,147 | 488,741 | 1,304,317 |
| 4. | ANALYSIS | O | F GRANTS | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| K | 8 | ||||
| Grants to individuals | 92,901 | 98,115 | |||
| Grants to institutions | |||||
| New Wine | 1,000 | ||||
| Compassion | 600 | 1,272 | |||
| Hope North | London | 2,700 | |||
| Global Connections | 265 | 265 | |||
| Equip | 4,477 | ||||
| Afghanistan | Appeal | 195 | 706 | ||
| Pathway | 2,300 | 1,200 | |||
| Besom | 69 | ||||
| Philo Trust | 2,300 | 2,500 | |||
| Soteria | 150 | ||||
| Evangelical | Alliance | 600 | 600 | ||
| Great Ormand | Street Hospital | 300 | |||
| Betel | 431 | ||||
| 99,461 | 113,335 | ||||
| 5. | ANALYSIS | OFSUPPORT COSTS | |||
| 2022 | 2021 | ||||
| Staffcosts | 177,970 | 191,475 | |||
| Buildings costs | 319,162 | 269,834 | |||
| Other support costs | 38,996 | 27,433 | |||
| 536,128 | 488,742 | ||||
| 6. | NET INCOME | FORTHE YEAR | |||
| Net income | is stated ager charging: | ||||
| 2022 | 2021 | ||||
| K | |||||
| Operating lease |
rentals: land & buildings | 8,000 | 8,000 | ||
| Audit fee | 6,360 | 4,575 | |||
| Depreciation | 141,849 | 141,849 |
| 2022 | 2021 | ||
|---|---|---|---|
| Wages and | salaries | 306,551 | 284,404 |
| Social secwity costs | 25,740 | 22,545 | |
| Pension costs | 21,048 | 19,608 | |
| Stipendiary | clergy | 200,270 | 206,011 |
| 553,609 | 532,568 |
| in that | capacit | y by the | PCC: | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Dave | Harvey | (spouse | ofPCC | member) | 37,628 | 37,302 |
| Peter | Troup | 55,862 | 57,558 |
| Group | Land and | Property | Fixtures & | |
|---|---|---|---|---|
| buildings | improvemeats | Fittings | Total | |
| f. | ||||
| Cost | ||||
| At 1 January 2022 |
4,564,864 | 2,389,295 | 246,412 | 7,200,571 |
| Additions | 12,000 | 12,000 | ||
| At 31December 2022 | 4,564,864 | 2,401,295 | 246,412 | 7,212,571 |
| Depreciation | ||||
| At I January 2022 | 426,158 | 74,913 | 501,071 | |
| Charge for the year | 138,165 | 22,525 | 160,690 | |
| At 31 December 2022 | 564,323 | 97,438 | 661,761 | |
| Net book value | ||||
| At 31December 2022 | 4,564,864 | 1,836,972 | 148,974 | 6,550,810 |
| At 31December 2021 | 4,564,864 | 1,963,137 | 171,499 | 6,699,500 |
| Church | Land and | Property | Fixtures & | |
| buildings | improvements | Fittings | Total | |
| Cost | ||||
| At 1 January 2022 | 4,244,864 | 2,023,583 | 246,412 | 6,514,859 |
| Additions | ||||
| At 31December 2022 | 4,244,864 | 2,023,583 | 246,412 | 6,514,859 |
| Depreciation | ||||
| At 1 January 2022 |
415,172 | 74,913 | 490,082 | |
| Charge for the year | 119,324 | 22,525 | 141,849 | |
| At 31 December 2022 | 534,496 | 97,438 | 631,934 | |
| Net book value | ||||
| At 31December 2022 | 4,244,864 | 1,489,087 | 148,974 | 5,882,925 |
| At 31 December 2021 | 4,244,863 | 1,608,412 | 171,499 | 6,024,775 |
| Group | Church | ||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||||
| Amounts | falling due within | one year: | |||||
| Gill aid | recoverable | 15,103 | 27, 168 | 15,103 | 27,168 | ||
| Other debtors | 3,715 | 4,005 | 3,715 | 3,632 | |||
| Prepayments | and accrued income | 23,448 | 26,125 | 23,448 | 26,125 | ||
| 42,266 | 57,298 | 42,266 | 56,925 |
| CREDITORS: AMOUNTS FALLING | DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| Group | Church | |||
| 2022 | 2021 | 2022 | 2021 | |
| Other creditors | 11,931 | 7,521 | ||
| Accruals | 17,986 | 21,153 | 16,186 | 21,153 |
| Deferred income | 3,150 | 2,550 | 3,150 | 2,550 |
| Loans from congregation 'fax and Social Security |
19,000 | 18,000 5 539 |
19,000 | 18,000 5,539 |
| 40,136 | 59,173 | 38,336 | 54,763 |
| CRED | ITORS: AMOUNTS FALLING DU | E AFTER ONE YEAR | |||
|---|---|---|---|---|---|
| Group | Church | ||||
| 2022 | 2021 | 2021 | 2020 | ||
| Loans | from congregation | ||||
| Bank | loan on 26 Stable Walk | 151,990 | 152,000 | ||
| 151,990 | 152,000 |
| MOVEMENTS ON | FUNDS | ||||
|---|---|---|---|---|---|
| At I January | Income | Expenditure | Transfers | At 31December | |
| 2022 | 2022 | ||||
| 8 | |||||
| Unrestricted funds: |
|||||
| General fund |
391,088 | 835,842 | (923,069) | 1,190 | 305,050 |
| Designated fund |
|||||
| —Go Jc Grow | 52,975 | 52,975 | |||
| —Fixed Assets | 6,024,776 | (141,849) | 5,882,926 | ||
| Unrestricted funds total |
6,464,839 | 836,842 | (1,064,918) | 6,241,951 | |
| Restricted funds: | |||||
| Go & Grow | 1,278 | 15,684 | 16,962 | ||
| Oakleigh | 189,428 | 184,550 | (106,889) | (11,190) | 278,279 |
| Oakleigh Building |
(51,274) | 14,773 | (9,248) | (45,748) | |
| Oakleigh Housing |
23,875 | 23,875 | |||
| Faith House funds | 46,611 | 83,366 | (75,295) | 10,000 | 64,681 |
| Other | 17,461 | 72,441 | (53,504) | 36,397 | |
| Restricted funds total |
203,504 | 394,690 | (244,936) | (1,190) | 352,066 |
| Total church funds |
6,672,342 | 1,231,531 | (1,309,855) | (1,190) | 6,593,018 |
| Unrestricted funds: |
|||||
| Jesus Kingdom Trust |
|||||
| JKTFixed Assets | |||||
| Designated Fund |
|||||
| JKTNorth London | 29,967 | 22,400 | (15,653) | 20,010 | 16,705 |
| JKTNL FA Designated | 514,724 | (18,840) | (20,010) | 515,894 | |
| Total group funds | 7,217,033 | 1,252,931 | (1,344,347) | 7,125,616 |
| At 1January | Income | Expenditure | Transfers | At 31December | |
|---|---|---|---|---|---|
| 2021 | 2021 | ||||
| 8 | |||||
| Unrestricted funds: |
|||||
| General fund | 417,160 | 816,751 | (842,823) | 391,088 | |
| Designated fund |
|||||
| —Go & Grow | 52,975 | 52,975 | |||
| —Fixed Assets | 6,166,625 | (141,849) | 6,024,776 | ||
| Unrestricted funds total |
6,636,760 | 816,751 | (984,672) | 6,464,839 | |
| Restricted funds: | |||||
| Go &Grow | (26,848) | 28,200 | (74) | 1,278 | |
| Oakleigh | 171,609 | 173,289 | (155,470) | 189,428 | |
| Oakleigh Building | 148,152 | 68,139 | (267,565) | (51,274) | |
| Faith House funds | 22,375 | 83,407 | (59,171) | 46,611 | |
| Other | 22,379 | 58,126 | (63,044) | 17,461 | |
| Restricted funds total |
337,667 | 411,161 | (545,324) | 203,504 | |
| Total church funds | 6,974,427 | 1,227,911 | (1,529,997) | 6,672,342 | |
| Unrestricted funds: |
|||||
| Jesus Kingdom Trust |
|||||
| JKTFixed Assets | |||||
| Designated Fund |
|||||
| JKTNorth London | 34,588 | (4,621) | 29,967 | ||
| JKTNL FA Designated | 294,493 | 224,85 1 | (4,620) | 514,724 | |
| Total group funds | 7,303,508 | 1,452,762 | (1,539,238) | 7,217,033 |
| 13. | ANALY | SIS OFASSETS AND LI | ABILITIES BETWE | EN FUNDS | ||
|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | 2022 | |||
| Group | funds | Funds | funds | Total | ||
| 8 | ||||||
| Tangible | fixed assets | 6,550,810 | 6,550,810 | |||
| Current | assets | 345,859 | 48,467 | 372,606 | 766,932 | |
| Current | liabilities | 19,596 | 1,540 | 21,136 | ||
| Creditors due aAer one year | 151,990 | 19,000 | 170,990 | |||
| At 31December 2022 | 326,263 | 6,447,287 | 352,066 | 7,125,616 | ||
| Church | ||||||
| Tangible | fixed assets | 5,882,926 | 5,882,926 | |||
| Current | assets | 327,354 | 48,467 | 372,606 | 748,427 | |
| Current | liabilities | 17,796 | 1,540 | 19,336 | ||
| Creditors | due aAer one year | 19,000 | 19,000 | |||
| At 31December 2022 | 309,558 | 5,931,393 | 352,066 | 6,593,017 | ||
| 2021 | comparative information |
|||||
| Unrestricted | Designated | Restricted | 2021 | |||
| Group | funds | Funds | funds | Total | ||
| Tangible | fixed assets | 6,699,500 | 6,699,500 | |||
| Current | assets | 441,420 | 52,975 | 234,311 | 728,706 | |
| Current | liabilities | (20,364) | (8,000) | (30,809) | (59,173) | |
| Creditors | due aAer one year | 0 | (152,000) | (152,000) | ||
| At 31December 2021 | 421,055 | 6,592,475 | 203,503 | 7,217,033 | ||
| Church | ||||||
| Tangible | fixed assets | 6,024,776 | 6,024,776 | |||
| Current | assets | 415,042 | 52,975 | 234,311 | 702,328 | |
| Current | liabilities | (23,954) | (30,809) | (54,763) | ||
| Creditors | due after one year | |||||
| At 31December 2021 | 391,088 | 6,077,751 | 203,503 | 6,672,341 |
| Oakleigh | Oakleigh | Commuruty | Commuruty | Commuruty | Church | is a satelhte | church plant | wluch falls | «uhm the legal enbly ofthe | «uhm the legal enbly ofthe | PCC hul is a sinuficani | PCC hul is a sinuficani | compoaeal | Its Bnances | are kepi separate as | are kepi separate as | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| restncted | funds, | and | presented | below for Noi |
mformauon The negative 0 kl igh I' d |
balance of245,74$ in Ihe Oakleigh Oakldgb 0 kl*igh |
Buildmg Fund | wdl he funded 0 kl igh |
hy Oakleigh 0 kl igb |
Fund off267,089 Oakleigh |
||||||||||
| 2022 | Total | |||||||||||||||||||
| 8 | 2022 | ?022 | 2021 | 2021 | 2021 | 20?l | ||||||||||||||
| I. | 8 | 6 | 5 | 8 | 8 | |||||||||||||||
| INCOVIE FROSU | ||||||||||||||||||||
| 150,158 | 14,773 | 23,$75 | 188,806 | 146,241 | 68,139 | 214,3$0 | ||||||||||||||
| Cb | t hie act«t | |||||||||||||||||||
| F | ||||||||||||||||||||
| Lentngs | 34,392 | 34,392 | 27,048 | ?7,048 | ||||||||||||||||
| TOTAL | LNCOVIE | 184,550 | 14773 | 23,875 | 223,198 | 173,289 | 68,139 | 269,$78 | ||||||||||||
| KXFKNDITURE Oin | ||||||||||||||||||||
| Cb | t hie act | t | ||||||||||||||||||
| Cb | bit tv | sbp | 9,182 | 9,182 | 30,712 | 30,712 | ||||||||||||||
| bl | ss | 7,642 | 7,642 | 7,375 | rays | |||||||||||||||
| 22 460 | 22,460 | 47,718 | 47,718 | |||||||||||||||||
| Youth | A Cb | Id | 1,106 | 1,106 | 440 | 440 | ||||||||||||||
| 66,499 | 66,499 | 59,156 | 59,156 | |||||||||||||||||
| 11,190 | 11,190 | 9,989 | 10,069 | |||||||||||||||||
| B | Id | g Protect | 9,248 | 9248 | 267,565 | 267,565 | ||||||||||||||
| TOTAL | EXFENDIT(tRK | 118,078 | 9,248 | 127,326 | 155,470 | 267 565 | 423,035 | |||||||||||||
| 3 ti | U(up dit | e) | fo | ib | y | 6 | 88,852 | 5,526 | 23,875 | 118353 | 17,819 | (199,426) | (181,607) | |||||||
| NET | IIIOYESIENT IN FUN)S | 88,852 | 5,526 | 23,875 | 11S?53 | 13,376 | 17,819 | (199,426) | ||||||||||||
| RECONCILIATION | OF | FUNDSr | ||||||||||||||||||
| T talf | d b |
gbtf | ed | 189,427 | (51,274) | 13$,153 | 171,609 | 148,152 | 319,761 | |||||||||||
| T t lf | deca | di' | d | 267,089 | (45,748) | 23 875 | 246,216 | 189,427 | (51,274) | 138,154 |
| Fmlh House | is a satellite | is a satellite | is a satellite | church | plant which | falls 3wdun | the legal enuty ofthe PCC bul is a | the legal enuty ofthe PCC bul is a | the legal enuty ofthe PCC bul is a | significant | component Iis finances are kept separate as restncted |
component Iis finances are kept separate as restncted |
component Iis finances are kept separate as restncted |
component Iis finances are kept separate as restncted |
component Iis finances are kept separate as restncted |
funds, and |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| presented below for |
un'ormauou | It launched | otlictally | m Janumy 2021 and | the transactioas | shown below | m 2020 represeat | uubal fundmg | and costs mcurred | m | ||||||
| preparabon | for the launch | |||||||||||||||
| N te | Faith House | Total | Faith House | F itb H | * | Total | ||||||||||
| fund 2022 | 2022 | fuad 2021 | Rest I ted | 2021 | ||||||||||||
| f nd 2021 | ||||||||||||||||
| INCOTIE FROBI | ||||||||||||||||
| Oost s |
83,366 | 83266 | 73,387 | 10,020 | 83,407 | |||||||||||
| TOTAL INCOME | 83,366 | 83,407 | 73,387 | 10,020 | 83,407 | |||||||||||
| EXPENOITURE Om | ||||||||||||||||
| Ch t bl«t |
t | |||||||||||||||
| 4,581 | 4,581 | 3,915 | 10,371 | 14,286 | ||||||||||||
| tl mien | 5,062 | 5,062 | ||||||||||||||
| n Idng IIn st so |
staff costs | 14,098 51,554 |
14,098 51 55' |
7,325 37,560 |
7,325 37,560 |
|||||||||||
| TOTAL EXPENIIITITIE | 75,295 | 75,295 | 48,800 | 10,371 | 59,171 | |||||||||||
| 6 | 8,070 | 8,070 | 24,587 | (351) | 24,236 | |||||||||||
| Transfe bet |
e fe ds |
10,000 | 10,000 | |||||||||||||
| NET BIOVEBIENT IN | FUNIIS | 18,070 | 18,070 | 21,729 | 24,587 | (351) | ||||||||||
| RECONCILIATION | OF | FUNOSr | ||||||||||||||
| T IIf d b |
gbtf | d | 46,611 | 46,611 | 21,729 | 646 | 22,375 | |||||||||
| Ioisl fu ds s |
df | 6 | 64,681 | 64,681 | 46,316 | 295 | 46,611 |
| JKTNL | JKTNL | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| 8 | ||||
| Income | 14,400 | 13,067 | ||
| Expenditwe | (26,492) | (25,103) | ||
| Net income | for the year | (12,092) | (12,036) | |
| The aggregate | ofthe assets and liabilities | was: | ||
| JKTNL | ||||
| 2022 | 2021 | |||
| g | ||||
| Fixed assets | 674,884 | 674,724 | ||
| Current assets | 18,505 | 33,898 | ||
| Current liabilities |
(1,800) | (11,931) | ||
| Non-current | liabilities | (151,990) | (152,000) | |
| Net assets | 532,599 | 544,691 |
| FINANCIAL COMMITMENTS Operating lease commitments fhe total future minimum lease payments under non-cancellable operating |
leases: | |
|---|---|---|
| Land and | buildings | |
| 2022 | 2021 | |
| 8 | ||
| Group | ||
| - for the period not later than one year | 8,000 | 8,000 |
| - for the period later than one year and not later than five years | 32,000 | 32,000 |
| - for the period later than five years | 22,667 | 30,667 |
| 62,667 | 70,667 |
| ~ Finally HNL incurred various costs on behalf ofSt Bamabas' Foodbank d were repaid by StBarnabas to HNL. A summary ofthe transactions between StBarnabas and HNL is as follows: |
uring the year, |
which |
|---|---|---|
| 2022 | 2021 | |
| Group and Charity | ||
| Offering for HNL received by StBarnabas and paid to HNL | 1,492 | |
| Grants to HNI. | 1,250 | |
| Grants to HNL for Christmas Dinner Boxes |
3,733 | |
| 1,492 | 4,983 | |
| Cafe/office expenses recharged to HNL |
843 | 16 |
| Foodbank costs incurred by HNL on behalf ofSt Barnabas and repaid to HNL |
3,021 |
| CONCILIATION |
OF | NET I | NCOME TO CASH GENER | ATED BYOPERATIONS | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Net income/(expenditure) | for the year | (91,417) | (86,475) | ||
| Adjustments for: |
|||||
| Interest receivable | (400) | (18) | |||
| Depreciation charges |
160,690 | 152,835 | |||
| Profit on sale oftangible | fixed | assets | |||
| (Increase)/Decrease | in debtors | 15,032 | 87,071 | ||
| Increase/(Decrease) | in creditors | (20,037) | (180,652) | ||
| Cash generated by |
operating | activities | (63,868) | (27,239) |