| GONTENTS: | Pages |
|---|---|
| ANNUALREPORT | A |
| Trusteesresponsibilities | 1-2 |
| Legal andadministrativeinformation | 3 |
| StatementofCharity'slncome andExpenditure | 4 |
| Statementoffinancialactivities | 5 |
| Balance sheet | 6 |
| Notesformingpartofthefinancialstatements | 7-10 |
| lndependent examiner'sreport | 11 |
| 2022 f |
2021t | |
|---|---|---|
| INCOME | ||
| Collections | '12,285 | 11,950 |
| Grants and donations | 54,176 | 59,322 |
| Activitiesforgeneratingfunds | 3,159 | 3,842 |
| lnvestmentincome | 31 | 28 |
| Hireofpremises | 145,740 | 88,633 |
| Total lncomingResources | 215,391 | 163,775 |
| EXPENDITURE | ||
| Project & adminstaffcosts | 124,933 | 110,928 |
| Generalrunning costs and fundraising | 77,507 | 76,786 |
| Otherrelated expenses | 975 | 925 |
| Total Resources Expended | 203,415 | 188,639 |
| NETINCOMING/.OUTGOINGRESOURCES | 11,976 | -24,864 |
| Generalfunds | UnrestrictedRestricted Funds Funds A/ofes t t |
UnrestrictedRestricted Funds Funds A/ofes t t |
UnrestrictedRestricted Funds Funds A/ofes t t |
Total 2022t |
Year 2021t |
|---|---|---|---|---|---|
| Alllncomingresources | |||||
| Generalfunds: | |||||
| Collections | 12,285 | 0 | 12,285 | 11,950 | |
| Grants and donations | 54,176 | 0 | 54,176 | 59,322 | |
| Activitiesforgenerating funds | 3,159 | 0 | 3,159 | 3,842 | |
| lnvestment income | 31 | 0 | 31 | 28 | |
| Charitable activities: | |||||
| Hireofpremises | 145.740 | 0 | '145,740 | 88,633 | |
| Total IncomingResources | 215,391 | 215,391 | 163,775 | ||
| AllResources expended | |||||
| Charitable activities | 202,440 | 0 | 202,440 | 187,714 | |
| Governance costs | 975 | 0 | 975 | 925 | |
| Total ResourcesExpended | 203,415 | 203,415 | 188,639 | ||
| Netincoming/-outgoing resourcesforthe year | 11,976 | 11,976 | -24,864 | ||
| Totalfundsbrought forward | 10 | 38,405 | 0 | 38,405 | 63,306 |
| UtilisedasDesignated Funds | 11,12 | 0 | 0 | 0 | -37 |
| TotalGeneralFunds | 50,381 | 50,381 | 38,405 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Nofes | €f | tf | |||
| FixedAssets | |||||
| Tangible assets | 4,298,795 | 3,475,732 | |||
| lnvestments | 15,000 | 838,063 | |||
| 4,313,795 | 4,313,795 | ||||
| CurrentAssets | |||||
| Debtors | 8 | {5,688 |
5,966 | ||
| Bank and cash inhand | 22,567 | 24,575 | |||
| 38,255 | 30,541 | ||||
| Creditors:due within oneyear | I | -125,980 | -130,400 | ||
| NetLiquidFunds | -87,725 | -99,859 | |||
| TotalAssets | 4,226,070 | ,,rrt,r* | |||
| Funds | |||||
| Unrestricted funds | 10 | 50,381 | 38,405 | ||
| Restricted funds | 11 | 0 | 0 | ||
| Generalfunds | 50,381 | 38,405 | |||
| Designated and utilised funds | 12 | 4,175,689 | 4,175,531 | ||
| Total Funds | 4,226,070 | 4,r11rs6 |
| Staff | Admin/FR. | Total | Total | ||
|---|---|---|---|---|---|
| cost | expenses | Other | 2022 | 2021 | |
| L | ^L | L | E | t | |
| Charitableexpenditure | |||||
| Church | 45,476 | 5,685 | 0 | 51,161 | 53,984 |
| TabCentre | 27,210 | 6,270 | 0 | 33,480 | 32,639 |
| Prolect expenses | 52,247 | 65,552 | 0 | 117,799 | 101,091 |
| Governance costs | 0 | 0 | 975 | 975 | 925 |
| 124,933 | 77,507 | 97s | 203,415 | 188,639 | |
| 202A | 110,298 | 77,416 | 925 | 188,639 |
| Staff numbersandcosts | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Staffcosfs.' | (seenote13) | t | t |
| Wagesand salaries | 114,147 | 97,448 | |
| Social security costs | 1,324 | 2,198 | |
| Pension costs | 9,462 | 10,652 | |
| (see note14) | 124,933 | 110,298 |
| The average number offull{imeequivalent empl during the yearwasasfollows: |
oyees (including casual and part time staff) | |
|---|---|---|
| 2022 | 2021 | |
| t | f | |
| Church | 2.0 | 2.0 |
| TabCentre | 1.5 | 1.0 |
| Projects | 2.0 | 1.5 |
| 5.5 | 4.5 |
| Tangible fixed assets | ||||
|---|---|---|---|---|
| Land and | 2022 | 2021 | ||
| Costor valuation | Equipment | Buildings | f | t |
| At1stJanuary Additions seenote 7 below |
12,797 0 |
3,520,089 823,063 |
3,532,996 823,063 |
3,379,889 152,997 |
| At31stDecember | 12,797 | ns$Js2 | 4,355,949 | 3,532,886 |
| Depreciation | ||||
| At1stJanuary | 0 | 57,154 | 57,154 | 57,154 |
| Provision for the year - see note P7,1(d) At 31stDecember |
0 | 0 _@ |
0 57,154 |
0 57,154 |
| Net baok value | ||||
| At 31stDecember - see note below | 12,7974,285,998 | 4,299,795 | 3,475,732 | |
| Thenetbookvalue of Land and Buildings is made up as follows. | ||||
| 2022 | 2021 | |||
| f | t | |||
| Land | 1,230,000 | 1,230,000 | ||
| Buildings | 3,055,998 | 2,232,935 | ||
| 4,285,998 | 3,462935 | |||
| The Church is the owner of thelandandbuildingswhich are dulyregistered | with the | |||
| LondonBaptist Property Board astheirTrust Corporation. | ||||
| Theadditionsin2022 were thecompletioncostsfortheNewChurch. | ||||
| NetlncomingResources | ||||
| Thisis stated aftercharging: | 2022 | 2021 | ||
| € | t | |||
| Depreciation (seenote1(d)) | 0 | 0 | ||
| lndependent examiner'sfees- external | 975 | 925 |
| estments | |||
|---|---|---|---|
| 2022 | 2021 | ||
| AIIUK: | € | t | |
| Unlisted lnvestments | 15,000 | 15,000 | |
| Propertysaleproceeds (restricted) | SeeNote 4 above | 0 | 823,063 |
| Thesaleproceeds aretobe invested intothenew Church | -F00- |
| 8 | Debtors | 2022 | 2021 | |||
|---|---|---|---|---|---|---|
| f | t | |||||
| Prepayments | 0 | 0 | ||||
| Other Debtors | 15,688 | 5,966 | ||||
| 15,699 | --56- | |||||
| Greditors:amountsfallingdue | withinone | year | 2022 | 2021 | ||
| f | t | |||||
| Other creditors | 118,655 | 123,075 | ||||
| Accrualsanddeferredincome | 7,325 | 7,325 | ||||
| -T2sB-m | 130,400 | |||||
| 10 | Unrestricted funds | Balance | lncomingResources | Utilised as | Balance | |
| at1st | resourcesexpended | Designated | at31st | |||
| January | December | |||||
| lnvestmentreserve General fund |
2022t 0 38,405 |
tt00 215,391203,415 |
t 0 0 |
2022 t 0 50,381 |
||
| 38,405 | 203,415 | 0 | 50,39'l |
| Expenditure on investments | & building asset | s are deemed | tobe design | atedfunds(see | note12). | |
|---|---|---|---|---|---|---|
| 11 | Restricted funds | Balance | lncoming | Resources | Utilised as | Balance |
| at1st | resourcesexpended | Designated | at 31st | |||
| January | December | |||||
| 2022 f |
f | f | 2422 c |
|||
| Specificdonations | 0 | 0 | 0 | |||
| o | ||||||
| 12 | Designatedfunds | Balance | lncoming | Resources | Generalfund | Balance |
| at1st | resources | expended | Transfers | at31st | ||
| January | December | |||||
| 2022 t- |
t | t | t | 2022 f |
||
| LandandBuildings (note5) Property proceeds |
3324,970 854,561 _W |
823,063 0 823,063 |
0 -823,063 -823"063 |
0 158 158 |
4,144,033 31,656 -@ |