2023-03-31-accounts

Constituted	by a Trust Deed dated 24 October 1908and governed	by a Trust Deed dated 24 October 1908and governed	by the Constitution	by the Constitution	by the Constitution	adopted	adopted	8May 2009.	8May 2009.
Registered	charity number. 1132505
Objects:		The church was established			with	the	aim	of	promoting	the	evangelical
		protestant religion and this is			continued		through public worship				of the Lord' s
		Day and other meetings		during	the week, induding				meetings	for	children	and
		young people.
Trustees of	pmperty:	The Fellowship Property		Trust
Pastors:		Paul Pease
		Tim Neale
Trustees:		Paul Pease (Pastor)
		Raymond James (Elder)
		Stephen Wigginton	(Elder)
		Richard Brown (Elder)
Deacons:		Alan Rigby (Deacon)
		Robert Stoneham (Deacon)
		David Batten (Deacon)
Treasurer/Secretary:		Stephen Wigginton
Accountants:		Skingle Helps &Co
		28Southway
		Carshalton Beeches
		Surrey
		SM54HW
Bankers:		Bardays Bank PLC
		Surbiton Branch
Auditors		Jacob, Cavenagh 8	Skeet
		5 Robin Hood Lane
		Sutton
		Surrey
		SM1 2SW

							Designat-	Capital	Total	Total
						fund	ed 7 nd	7 nd	2023	2022
					Note	6	6			6
Income from:
Donations and legacies
Offerings and donations		(induding tax
refunds)						169,890	51,100		220,990	252,503
Legacies receivable							170,000		170,000
Investment income
Property rental income							39,950		39,950	34,030
Interest received						1,925			1,925	74
Total income						171,815	261,050		432865	286,607
Expenditure on:
Charitable activities					3	224,123	66,350	23,327	313,800	363,693
Governance costs
Audit fee						4,800			4,800
Accountant's/Independent		examiner's fee				2,840			2,840	2,400
Total expenditure						231,763	66,350	23,327	321440	366,093
Net income/(expenditure)			before transfam			(59,948)	194,700	(23,327)	111,425	(79,486)
Transfers					6	55,510	382,446	326,936
Net income/(expenditure)						(4,438)	(187,746)	303,609	111,425	(79,486)
Gains on revaluation	offixed			assets for
charity's own use								9,700	9,700	57,022
Gains/(losses) on invesbnents								16,936	16936	35000
Net movement in funds						(4,438)	(187,746)	296,373	104,189	12,536
Funds brought forward		at	1 April 2022
as previously stated						58,938	422,416	2,727,643	3,208,997
Prior year adjustment					10		716,800		716,800
Funds brought forward		at	1	April 2022 as
restated						58,938	1,139,216	2,727,643	3,925,797	3,913,261
Balances carried forward			at31March 2023			54,500	951,470	3,024,016	4,029,986	3,925,797

				2022Restated
				f
FIXEDASSETS
Tangible fixed assets			1,744,016	2,077,643
Investments			1,280,000	650,000
			3,024,016	2,727,643
CURRENT ASSETS
Debtom —gift aid refund due		39,880		49,171
Debtom —pmpaid insurance		2,130		1,470
Debtors —employers	allowance	5,000
Debtors —legacy receivable		170,000		716,800
Cash at bank		856,600		435,476
		1,073,610		1,202,917
CURRENT LIABILITIES
Creditors —accruals		7,640		2,400
Creditors —Other creditors		60,000
Creditors —PAYE
		67,640		4,763
NET CURRENT ASSETS			1,005,970	1,198,154
TOTAL ASSETSLESSCURRENT LIABILmES			4,029,986	3,925,797
FUNDS —UNRESTRICTED
General fund				58,938
Designated funds			951,470	1,139,216
Capital fund			3,024,016	2,727,643
			4,029,986	3,925,797

Voluntary income	General	Deslgnat-	Capiyal	Total	Total
	fund 5	ed funds	fund E	2023f	2022f
General fund	169,890			169,890	201,303
Bookstall fund					250
Communion fund		3,100		3,100	1,350
Future Ministry fund		10,000		10,000	8,000
Global Vision fund		38000		38000	41600
	169,890	51,100		220,S90	252,503
Legacies receivable —Property fund		170,000		170,000
	169,8SO	221,100		390,990	252,503

3.	Charitable activities	Charitable activities			General	Designat-	Capital	Total	Total
					I'und 6	ed funds 8	fund 6	2023 6	2022 f
	Bank charges							eoe	118
	Depreciation -church		buflrling				9,200	9,200	9,500
	Depreciation -houses						10,500	10,500	10,500
	Depreciation -other fixed assets						3,627	3,627	3,627
	Evangelism				61,885			61,885	57,639
	Grants
	Caring for Life				6,992			6,992	2,038
	Gani Smolica				6,700			6,700	4,500
	Release Intemabonal				2,500			2,500	500
	Teaifund				26,500			26,500
	Solvac Gospel								25,000
	Morning Star								2,500
	FIEC								6,000
	Thamesmead	Church							15,000
	Other							2,600	6,636
	Ministry							54,607	55,063
	Other (induding	insurance,		utilifles and
	deaning)				61,533			61,533	41,321
	Bookstall fund								135
	Communion fund					3,100		3,100	500
	Property fund					18,307		18,307	72,964
	Youth fund					3,008		3,008	717
	Global Vision fund grants
	Aviles support					6,000		6,000	9,000
	Caring ForLife					2,000		2,000	2,000
	Prison fund					1,000		1,000
	Dadjo Project					8,035		8,035	6,635
	Joe Stoneham					7,500		7,500	15,000
	Gani Smdica					6,500		6,500	6,500
	RBKschools	workflnsight				9,000			9,000
	Other					1,900		1,900	1,300
					224,123	66,350	23,327	313,800	363,693

		Church	Houses	Aber lixed
Fixed assets		(e)	(b,c) f	assets f
Valuation
At 1Apg 2022		995,000	1,050,000	50,000	2,095,000
Additions
Transfer to Invesbnent	Property		(320,000)		(320,000)
Revaluation			10,000		10,000
At 31 March 2023		995,000	720,000	50,000	1,765,000
Accumulated depreciation
At 1 April 2022				17,357	17,357
Provision forthe year		9,200	10,500	3,627	23,327
On revaluabon		9,200	10,500		19,700
At 31 March 2023				20,984	20,984
Net book value
At 31 March 2023		995,000	720,000	29,016	1,744,016
At 31 March 2022		995,000	1,050,000	32643	2,077,643

			2023f	2022f
At 1 April 2022			650,000	615,000
Addibons			326,936
Transferred	from	fixed
assets			320,000
Revaluation			16,936	35,000
At 31 March	2023		1,280,000	650,000

Designated funds	Designated funds	Restated Balance bmught tonesnf f	Income			Realised on disposal	Balance carried lbnvand
Bookstall fund		205			(205)
Communion fund		1,073	3,100	(3,100)			1,073
Future ministry	fund	129,128	10,000		61,000		200,128
Future mission	field workers fund	10,000			51,500		61,500
Global Vision fund JoeStoneham Support fund		40,472 5,044	38,000	(34,435) (7,500)	(7,990) 10,000		36,047 7,544
Properly fund		951,294	209,950	(18,306)	(499,760)		643,178
Provisions fund		2,000					2,000
Youth fund				3,009	3,009
		1,139,216	261,050	66,350	382,446		951,470

		FO	RTHE YEA	R ENDED 31 MARCH 2023
Staffcosts					2023	2022
					6
Induded within	the figures in note 3on page 12are the			fofiowing staff costs:
Wages and salaries Social security costs					97,060 4,752	88,686 5,670
Pension costs					7,540	6,166
					109,352	100,522
						No
The average number ofpersons		employed	during the year was
No employees	had emoluments	ofmore than F60,000.
No trustee received any expenses forsenrices provided				(2022:fy4il).
The total remuneration ofKey Management			Personnel	was f102,640.