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|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|||||||||||
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||||||||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|
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|||||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|
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|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|
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|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|
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||||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|
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|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|
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|||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.|||
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