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||Page|
|---|---|
|ReferenceandAdministrativeDetails of the Charity, its Trustees andAdvisers|1-2|
|Trustee's Report|3-8|
|Trustee'sResponsibilitiesStatement|I|
|lndependent Examiner's Report|10-11|
|Statement of FinancialActivities|12|
|Balance Sheet|'13|
|Statement of Cash Flows|14|
|Notesto the Financial Statements|15- 34|





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|Charity registered||
|---|---|
|number|1131805|
|Principaloffice|St.Marywith St. Matthews Church Office|
||44 Clarence Street|
||Cheltenham|
||Gloucestershire|
||GLsO3PL|
|Secretary|GillSage|
|Accountants|ByrdLinkAudit&Accountancy ServicesLimited|
||HoneybournePlace|
||Jessop Avenue|
||Cheltenham|
||Gloucestershire|
||GLsO3SH|
|Bankers|HSBC Bank plc|
||2The Promenade|
||Cheltenham|
||Gloucestershire|
||GLsO 1LR|





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||January2022|Decenrber2022|December2023|
|---|---|---|---|
|10anr Service|140 adults|200 adults|261 adults|
||25children|60 children|57children|
|1lanrService|30 adults|45adults|48adults|
|6.30pnrService|60 adults|'100adults|82 adults|
|||6children|8 children|
|Torals|230 adults|345 adults|391 adults|
||25children|66children|65children|





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|||Restricted|Unrestricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||funds||funds|funds|funds|
||Note|2023f||2023<br>E|2023<br>€|2022t|
|lncomefrom:|||||||
|Donations and legacies|4|32,941||496,989|529,930|487,900|
|Charitable activities|5|8,561||10,785|19,346|9,560|
|lnvestments|6|||2,686|2,686|2,183|
|Other income|7|||324|324|44|
|Total income||41,502||510,784|552,286|499,687|
|Expenditure on:|||||||
|Raising funds|8|||838|838|221|
|Charitable activities|I|29,595||511,361|540,956|545,613|
|Total expenditure||29,595||512,199|541,794|545,934|
|Netincome/(expenditure) before net|||||||
|gains/(losses) on investments||11,907||11,4151|'|.0,492|(46,147)|
|Netgains/(losses) on investments||||5,529|5,529|(7,755)|
|Netincome/(expenditure)||11,907||4,114|16,021|(53,902)|
|Transfers between funds|18|117,8521||17,852|||
|Netmovement infunds||(5,945)||21,966|16,021|(53,902)|
|Reconciliationoffunds:|||||||
|Total funds broughtfonarard||35,521||481,480|517,001|570,903|
|Net movementinfunds||(5,945)||21,966|16,021|(53,902)|
|Totalfundscarriedforward||29,576||503,446|533,022|517,001|





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||||2023||2022|
|---|---|---|---|---|---|
||Note||f||f.|
|Fixed assets||||||
|Tangible assets|13||378,130||401,017|
|lnvestments|14||64,165||58,636|
||||442,295||459,653|
|Current assets||||||
|Debtors|15|26,784||40,200||
|Cash at bank and inhand||89,650||53,876||
|||116,434||94,076||
|Creditors: amounts fallingduewithin one<br>year|16.|125,7071||(36,728)||
|Netcurrentassets|||90,727||57,348|
|Total assets lesscurrent Iiabilities|||533,022||517,001|
|Netassetsexcludingpension asset|||533,022||517,001|
|Total net assets|||533,022||517,001|
|Charityfunds||||||
|Restricted funds|18||29,576||35,521|
|Unrestricted funds|18||503,446||481,480|
|Totalfunds|||533,022||517,001|





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||2023<br>t|2022<br>L|
|---|---|---|
|Cashflows fromoperatingactivities|||
|Netcash usedinoperating activities|38,225|(25,773)|
|Cashflows from investing activities|||
|Purchaseoftangiblefixed assets|12,4511|(47,137)|
|Netcash usedin investing activities|(2,4511|(47,1371|
|Cashflowsfromfinancing activities|||
|Netcashprovidedbyfinancing activities|||
|Change in cash and cash equivalents in the year|35,774|(72,910)|
|Cash and cash equivalentsatthe beginningofthe year|53,876|126,786|
|Cashand cash equivalentsatthe end of the year|89,650|53,876|
|The notes on pages15to34form partofthese financial statements|||





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||RestrictedUnrestricted<br>funds<br>funds<br>2023<br>2023|RestrictedUnrestricted<br>funds<br>funds<br>2023<br>2023|Total<br>funds<br>2023|Total<br>funds<br>2022|
|---|---|---|---|---|
||TE||€|t.|
|Donations|25,241|472,674|497,915|486,900|
|Legacies||24,315|24,315|1,000|
|Grants|7,700||7,700||
|Total2023|32,941|496,989|529,930|487,900|
|Total2022|25,240|462,660|487,900||



||RestrictedUnrestricted<br>funds<br>funds<br>2023<br>2023<br>tt|RestrictedUnrestricted<br>funds<br>funds<br>2023<br>2023<br>tt|Total<br>funds<br>2023f|Total<br>funds<br>2022t|
|---|---|---|---|---|
|Trading lncome|8,561|6,669|15,230|7,296|
|Other lncome||4,116|4r1'|.6|2,264|
|Total2023|8,561|10,785|19,346|9,560|
|Total2022|(331)|e,8e1|9,560||





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|||RestrictedUnrestricted<br>funds<br>funds<br>2023<br>2023<br>ff|RestrictedUnrestricted<br>funds<br>funds<br>2023<br>2023<br>ff|RestrictedUnrestricted<br>funds<br>funds<br>2023<br>2023<br>ff|Total<br>funds<br>2023<br>€|Total<br>funds<br>2022<br>E|
|---|---|---|---|---|---|---|
||lnvestments|||878|878|2,085|
||lnterest|||1,808|1,808|98|
||Total2023|||2,686|2,686|2,183|
||Total2022|1,874||309|2,183||
|7.|Otherincomingresources||||||
||||Unrestricted||Total|Total|
|||||funds|funds|funds|
|||||2023|2023|2022|
|||||E|€|L|
||Other incoming resources|||324|324|44|
|8.|Expenditure on raisingfunds||||||
||Fundraising andtradingexpenses||||||
||||Unrestricted||Total|Total|
|||||funds|funds|funds|
|||||2023<br>€|2023<br>€|2022f|
||Fundraising and trading expenses|||838|838|221|





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||RestrictedUnrestricted<br>funds<br>funds<br>2023<br>2023<br>sI|RestrictedUnrestricted<br>funds<br>funds<br>2023<br>2023<br>sI|Total<br>2023<br>€|Total<br>2022<br>2|
|---|---|---|---|---|
|Youth Costs||||6,327|
|Outreach Costs|9,361|26,905|36,266|18,115|
|Mission Giving|10,645|44,275|54,920|58,453|
|Staff Costs||161,739|161,739|168,329|
|Parish Share||125,901|125,901|124,926|
|Building Costs|3,700|15,722|19,422|33,183|
|Building Overheads||67,494|67,494|71,093|
|Rebranding|4,950||4,950|6,451|
|Other Admin Costs|107|34,529|34,636|23,897|
|Bible Costs|832||832|4,789|
|Worship Costs||9,458|9,458|6,739|
|Depreciation||25,338|25,338|23,311|
|Total2023|29,595|511,361|540,956|545,613|
|Total2022|22,253|523,360|545,613||



|lndependentexaminer'sremuneration|||
|---|---|---|
||2023|2022|
||s|e.|
|Fees payabletothe Charity's independent examiner for the independent|||
|examinationofthe Charity's annual accounts|2,000|2,000|





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||2023|2022|
|---|---|---|
||€|L|
|Wages and salaries|137,457|134,418|
|Social security costs|5,291|5,134|
|Pension costs|7,815|13,457|
||150,563|153,009|



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|2023|2022|
|---|---|
|No.|A/o.|
|8|I|



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||PlantandFixtures and<br>machineryfittings<br>€f|PlantandFixtures and<br>machineryfittings<br>€f|Office<br>equipmentf|Office<br>equipmentf|Totalf|
|---|---|---|---|---|---|
|Gost orvaluation||||||
|At1January 2023|349,783|182,250||159,713|691,746|
|Additions||1,054||1,397|2,451|
|At31December2023|349,783|183,304||161,110|694,197|
|Depreciation||||||
|At1January 2023|29,982|121,794||138,953|290,729|
|Charge for the year|4,997|15,108||5,233|25,338|
|At31December2023|34,979|135,902||144,196|316,067|
|Netbook value||||||
|At 31December2023|314,804|46,402||16,924|379,130|
|At31December2022|319,801|60,456||20,760|401,017|
|Fixed asset investments||||||
||||||Listed|
|||||investments||
||||||g|
|Cost orvaluation||||||
|At1January2023|||||58,636|
|Revaluations|||||5,529|
|At31December2023|||||64,165|
|Netbook value||||||
|At31December2023|||||64,165|
|At31December2022|||||58,636|



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||2023<br>t|2022<br>E|
|---|---|---|
|Duewithinone year|||
|Trade debtors||599|
|Other deblors||1,333|
|Prepayments and accrued income|11,377|7,198|
|Tax recoverable|15,407|31,070|
||26,784|40,200|



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|16.Creditors:Amountsfallingduewithinone year|||
|---|---|---|
||2023|2022|
||€|L|
|Trade creditors|2,199|16,527|
|Other taxation and social security|939|3,430|
|Other creditors|972||
|Accruals and deferred income|21,597|16,771|
||25,707|36,728|
|17.Financialinstruments|||
||2023|2022|
||E|L|
|Financial assets|||
|Financial assets measuredatfair value through income and expenditure|89,550|53,876|





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|Statement offu|nds-currentyear||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance atI|||||31|
||January|||Transfers|Gains/|December|
||2023f|IncomeExpenditure<br>tf||in/outf|(Losses)t|2023f|
|Unrestricted|||||||
|funds|||||||
|General Funds|||||||
|-allfunds|80,461|510,784|(486,861)|15,403|5,529|125,316|
|FixedAsset|||||||
|Fund|401,019||(25,338)|2,449||378,130|
||481,480|510,784 (512,199)17,852|||5,529503,446||
|Restricted|||||||
|funds|||||||
|Reliefof|||||||
|sicknessand|||||||
|distress|10,679|763|(841)|||10,601|
|Cheltenham|||||||
|Activities|413|7,900||(6,129)||2,184|
|Bellringer funds|7,011|1,655|(107)|||8,559|
|TearFund|||||||
|Aruna Oasis|86||(86)||||
|Bibles|919|180|(832)|||267|
|Youthroom|||||||
|fund|6,837|||(6,837)|||
|CAMEO|||||||
|(Thursday<br>Club)|1,147|6,997|(4,7221(1,1201|||2,302|
|Christmas|||||||
|Appeal||10,559|(10,559)||||
|Rebranding|8,429||(4,950)|1,234||4,713|
|BrightLights||1,564|(861)|||703|
|Saturday|||||||
|Kitchen||3,184|(2,9371|||247|
|Youth Minister|||||||
|Training Grant||5,000||(5,000)|||
|Table Tomb&|||||||
|lron Archway||3,700|(3,700)||||





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|Statement offun|ds-current year|(continued)||||
|---|---|---|---|---|---|
||||||Balance at|
||Balance at1||||3t|
||January||Transfers|Gains/|December|
||2023f|lncomeExpenditure<br>tf|in/outt|(Losses)t|2023t|
||35,521|41,502(29,595)117,8521|||29,576|
|Total offunds|<br>517,001|552,286(541,7941||5,529533,022||





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|Statement offun|ds-prior year||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at|||||31|
||1January<br>2022f|lncomeExpenditure<br>f<br>f||Transfers<br>in/outf|Gainst<br>(Losses)<br>E|December<br>2022<br>E.|
|Unrestricted|||||||
|funds|||||||
|General Funds|||||||
|-allfunds|119,582|472,693|(500,271)|(3,788)|(7,755)|80,461|
|Fixed Asset|||||||
|Fund|377,192||(23,s10)|47,137||401,019|
||496,774|472,693|(523,581) 43,349||(7,755)481,480||
|||||||Balance at|
||Balance at|||||31|
||1January<br>2022f|lncomeExpenditure<br>t<br>c||Transfers<br>in/outf|Gainst<br>(Losses)t|December<br>2022<br>L|
|Restricted|||||||
|funds|||||||
|Reliefof|||||||
|sicknessand<br>distress|15,149|2,505|<br>(1,000)(5,e75)|||10,679|
|Cheltenham|||||||
|Activities|4,833|||(4,420)||413|
|Bellringer funds|49|1,668|(4e)|5,343||7,011|
|TearFund|||||||
|Aruna Oasis|66|20||||86|
|Bibles|1,107|210|(3e8)|||919|
|Youthroom|||||||
|fund|15,125||(6,327)|(1,961)||6,837|
|CAMEO|||||||
|(Thursday|||||||
|Club)|1,428|50|(280)|(51)||1,147|
|Other restricted|||||||
|fundsincl.|||||||
|Christmas|||||||
|Appeal|35,093|8,620|(7,730)|(35,983)|||
|Rebranding|1,280|13,600|(6,451)|||8,429|





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|Statement offund|s-prioryear (c|ontinued)|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at|||||31|
||1January|||Transfers|Gainst|December|
||2022<br>L|t<br>lncome|t<br> Expenditure|in/outf|(Losses,)<br>L|2022<br>L|
|Rectors|||||||
|Discretionary|||||||
|Fund||220|(18)|(202)|||
|Boiler||100||(100)|||
||74,1s0|26,99s(22,253)(4s,s49)||||35,521|
|Total offunds|570,904|499,686(545,834)|||(7,755)517,001||





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|Summary offu|nds-current year|||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||Balance atI||||||31|
||January||||Transfers|Gains/|December|
||2023f|lncomeExpenditure<br>€t|||in/outf|(Losses)t|2023<br>E|
|General funds|481,480|510,784||(512,199)|17,852|5,529|503,446|
|Restricted||||||||
|funds|35,521|41,502||(29,595)|117,8521||29,576|
||517,001|552,286||(541,7941||5,529533,022||
|Summary offunds-prioryear||||||||
||||||||Balance at|
||Balance at||||||31|
||1January||||Transfers|Gainst|December|
||2022f|lncome<br>L|Expendituref||in/out<br>f|([osses,)<br>L|2022<br>L|
|General funds|496,774|472,693||(523,581)|43,349|(7,755)|481,480|
|Restricted||||||||
|funds|74,130|26,993||(22,253)|(43,34s)||35,521|
||570,904|499,686||(545,834)||(7,755)517,001||





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|Analysis ofnet assets betweenfunds-curre|nt year|nt year||
|---|---|---|---|
||RestrictedUnrestricted<br>funds<br>funds<br>2023<br>2023<br>0g||Total<br>funds<br>2023<br>s|
|Tangible fixed assets||378,130|378,130|
|Fixed asset investments||64,165|54,155|
|Current assets|40,135|76,299|116,434|
|Creditorsduewithin one year|(10,s59)|(15,148)|125,707l.|
|Total|29,576|503,446|533,022|



|Analysis ofnetassets betweenfunds-prior|year|||
|---|---|---|---|
||Resticted|Unresticted|Total|
||funds|funds|funds|
||2022f|2022<br>E|2022<br>E|
|Tangible fixed assets||401,017|401,017|
|Fixed asset investments||58,636|58,636|
|Current assets|35,521|58,555|94,076|
|Creditors due within one year||(36,728)|(36,728)|
|Total|35,521 481,480||517,001|





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||2023t|2022<br>t.|
|---|---|---|
|Netincome/expenditurefor theyear(asperStatementofFinancial<br>Activities)|16,021|(53,902)|
|Adjustments for:|||
|Depreciation charges|25,338|23,310|
|Gains/(losses) on investments|(5,529)|7,755|
|Decrease/(increase)indebtors|13,416|(27,461)|
|lncrease/(decrease)increditors|(11,0211|24,525|
|Netcashprovidedby/(used in) operatingactivities|38,225|(25,773)|



|22.Analysisof cash and cash equivalents|||||
|---|---|---|---|---|
||||2023|2022|
||||s|L|
|Cash inhand|||89,650|53,876|
|Total cash and cash equivalents|||89,650|53,876|
|23-Analysisof changesinnet debt|||||
||Atl|||At3'|
||January||December||
||2023<br>t|Cashflowst||2023<br>s|
|Cash at bank andin hand|53,876||35,774|89,650|
||53,875||35,774|89,650|





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