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|CONTENTS||
|---|---|
||Page|
|Reference and administrative details of the charity, its trustees and advisers|1|
|Trustees' report|2-4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the financial statements|8-18|
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|Unrestricted Restricted|Unrestricted Restricted|Total|Total|
|---|---|---|---|
|funds funds||funds|funds|
|2023 2023||2023|2022|
|Note £ £||£|£|
|INCOME FROM:||||
|Voluntary income 2 60,302
Activities for generating funds 3 96,177|10,730|71,032
96,177|52,893
81,269|
|Investments 4|5,510|5,510|5,863|
|Other income 5|||73,737|
|TOTAL INCOME 156,479|16,240|172,719|2^3,762|
|EXPENDITURE ON:||||
|Charitable activities 7,8 198,969||198,969|172,138|
|Other expenditure 6 4,125||4,125|5,391|
|TOTAL EXPENDITURE 203,094||203,094|177,529|
|NET INCOME / (EXPENDITURE) BEFORE
INVESTMENT GAINS/(LOSSES) (46,615)|16,240|(30,375)|36,233|
|Net gains/(losses) on investments 11 2,374|8,901|11,275|(20,333)|
|NET INCOME / (EXPENDITURE) BEFORE
TRANSFERS (44,241)|25,141|(19,100)|15,900|
|Transfers between Funds 14 16,240|(16,240)|||
|NET INCOME / (EXPENDITURE) BEFORE
OTHER RECOGNISED GAINS AND LOSSES (28,001)|8,901|(19,100)|^5,900|
|NET MOVEMENT IN FUNDS (28,001)|8,901|(19,100)|^5,900|
|RECONCILIATION OF FUNDS:||||
|Total funds brought forward 138,420|137,049|275,469|259,569|
|110,419
TOTAL FUNDS CARRIED FORWARD|145,950|256,369|275,469|
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||||2023||2022|
|---|---|---|---|---|---|
||Note|£|£|£|£|
|FIXED ASSETS||||||
|Tangible assets|10||38,338||28,806|
|Investments|11||179,548||168,273|
||||217,886||197,079|
|CURRENT ASSETS||||||
|Debtors|12|9,578||560||
|Cash at bank and in hand||38,539||82,459||
|||48,117||83,019||
|CREDITORS: amounts falling due within||||||
|one year|13|(9,634)||(4,629)||
|NET CURRENT ASSETS|||38,483||78,390|
|NET ASSETS|||256,369||275,469|
|CHARITY FUNDS||||||
|Restricted funds|14||145,950||137,049|
|Unrestricted funds|14||110,419||138,420|
|TOTAL FUNDS|||256,369||275,469|
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|VOLUNTARY INCOME||||
|---|---|---|---|
||Unrestricted Restricted|Total|Total|
||funds funds|funds|funds|
||2023 2023|2023|2022|
||£ £|£|£|
|Offertory
Tax reclaimed on covenanted giving
Donations and other income|35,184
9,703
9,980|35,184
9,980
9,703|37,001
10,124
4,959|
|Restricted donations and other income|750|750|750|
|Government grants|||59|
|Eastern Synod grants|15,415|15,415||
|Total donations and legacies|60,302
10,730|71,032|52,893|
|Total 2022|42,019
10,874|52,893||
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|ACTIVITIES FOR GENERATING|FUNDS||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
||2023|2023|2023|2022|
||£|£|£|£|
|Room Hire|31,425||31,425|25,494|
|Centre Activity|62,552||62,552|55,775|
|Property Rents|2,200||2,200||
||96,177||96,177|8^,269|
|Total 2022|81,269||81,269||
|INVESTMENT INCOME|||||
||Unrestricted Restricted||Total|Total|
||funds funds||funds|funds|
||2023 2023||2023|2022|
||£ £||£|£|
|Dividend income||5,359|5,359|5,829|
|Interest receivable||151|151|34|
|||5,510|5,510|5,863|
|Total 2022||5,863|5,863||
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||Unrestricted Restricted|Total|Total|
|---|---|---|---|
||funds funds|funds|funds|
||2023 2023|2023|2022|
||£ £|£|£|
|Sale of Old Hall site|||73,737|
|Total 2022|73,737|73,737||
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|MINISTERIAL COSTS||||
|---|---|---|---|
||Unrestricted|Total|Total|
||funds|funds|funds|
||2023|2023|2022|
||£|£|£|
|Housing costs|4,125|4,125|5,390|
|Subtotal|4,125|4,125|5,390|
|Other other expenditure|||1|
||4,125|4,125|5,391|
|Total 2022|5,390|5,390||
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|STS OF CHURCH ACTIVITIES||||
|---|---|---|---|
|||Total|Total|
||Costs|2023|2022|
||£|£|£|
|Wages and salaries|70,551|70,551|56,576|
|Cleaning|1,635|1,635|536|
|Other and miscellaneous expenses|964|964|589|
|Accountancy|1,640|1,640|1,530|
|Postage and telephone|1,867|1,867|1,514|
|Other running costs|1,819|1,819|630|
|Stationery|1,033|1,033|1,568|
|Catering purchases|20,651|20,651|18,713|
|Gas, electricity and water rates|20,470|20,470|9,241|
|Insurance|7,941|7,941|7,338|
|Photocopying|690|690|643|
|Repairs and replacements|23,672|23,672|22,260|
|Worship expenses|4,062|4,062|4,672|
|Motor and travelling|1,809|1,809|1,614|
|Depreciation|3,318|3,318|3,224|
|Subtotal|162,122|162,122|130,648|
|Other costs of church activities|||(1)|
||162,122|162,122|130,647|
|Total 2022|130,647|130,647||
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||Unrestricted|Total|Total|
|---|---|---|---|
||funds£|2023
£|2022
£|
|Ministry and mission fund|36,847|36,847|41,492|
|Total 2022|41,492|41,492||
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|T INCOME/(EXPENDITURE)
This is stated after charging:|||
|---|---|---|
||2023£|2022
£|
|Depreciation of tangible fixed assets:
- owned by the charity|3,318|3,224|
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|ANGIBLE FIXED ASSETS|||||
|---|---|---|---|---|
||Fixtures and Office Computer||||
||fittings equipment equipment
£ £ £|||Total
£|
|Cost|||||
|At 1 January 2023
Additions|36,889
10,236|1,014
2,614|15,022|52,925
12,850|
|At 31 December 2023|47,125|3,628|15,022|65,775|
|Depreciation|||||
|At 1 January 2023|8,388|827|14,904|24,119|
|Charge for the year|2,630|600|88|3,318|
|At 31 December 2023|11,018|1,427|14,992|27,437|
|Net book value|||||
|At 31 December 2023|36,107|2,201|30|38,338|
|At 31 December 2022|28,501|187|118|28,806|
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|IXED ASSET INVESTM ENTS|||
|---|---|---|
|||Listed|
|||securities£|
|Market value|||
|At 1 January 2023||168,273|
|Revaluations||11,275|
|At 31 December 2023||179,548|
|Investments at market value comprise:|||
||2023|2022|
||£|£|
|Listed investments|179,548|168,273|
|All the fixed asset investments are held in the UK|||
|Material investments|||
||31 December|31 December|
||2023£|2022
£|
|COIF Income Shares
M & G Charifund|111,223
34,727|101,486
35,562|
|Cofunds|33,597|31,224|
|Cash deposits|1|1|
||179,548|168,273|
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|EBTORS|||
|---|---|---|
||2023|2022|
||£|£|
|Due after more than one year|||
|Trade debtors|6,782||
|Due within one year|||
|Prepayments and accrued income|2,796|560|
||9,578|560|
|REDITORS: Amounts falling due within one year|||
||2023
£|2022£|
|Trade creditors|2,212||
|Other creditors|3,665|636|
|Accruals and deferred income|3,757|3,993|
||9,634|4,629|
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||||||Balance at|
|---|---|---|---|---|---|
||Balance at||||31|
||1 January||Transfers|Gains/|December|
||2023
£|Income Expenditure
£ £|in/out
£|(Losses) 2023
£ £||
|Designated funds||||||
|Christian Aid|1,766||||1,766|
|General funds||||||
|General Funds|136,654|156,479 (203,094)|16,240|2,374|108,653|
|Total Unrestricted funds|138,420|156,479 (203,094)|16,240|2,374|110,419|
|Restricted funds||||||
|Restricted Funds|137,049|16,240|(16,240)|8,901|145,950|
|Total of funds|275,469|172,719 (203,094)||11,275|256,369|
|STATEMENT OF FUNDS - PRIOR YEAR||||||
||||||Balance at|
||Balance at||||31|
||1 January||Transfers|Gains/ December||
||2022
£|Income Expenditure in/out
£ £ £||(Losses) 2022
£ £||
|Designated funds||||||
|Christian|Aid||1,766||1,766|
|General Funds|52,961|^97,025 (177,529)|67,238|(3,041)|136,654|
|Restricted funds||||||
|Restricted Funds|206,608|^6,737|(69,004)|(17,292) 137,049||
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|||||||Balance at|
|---|---|---|---|---|---|---|
||Balance at|||||31|
||1 January|||Transfers|Gains/|December|
||2023£|Income Expenditure in/out
£ £ £|||(Losses) 2023
£ £||
|Designated funds
General funds|1,766
136,654|156,479|(203,094)|16,240|2,374|1,766
108,653|
||138,420|156,479|(203,094)|16,240|2,374|110,419|
|Restricted funds|137,049|16,240||(16,240)|8,901|145,950|
||275,469|172,719|(203,094)||11,275|256,369|
##
|||||Balance at|
|---|---|---|---|---|
||Balance at|||31|
||1 January||Transfers|Gains/ December|
||2022
£|Income Expenditure
£ £|in/out£|(Losses) 2022
£ £|
|Designated funds
General funds|52,96^|197,025 (177,529)|1,766
67,238|(3,041)
1,766
136,654|
||52,96^|197,025
(177,529)|69,004|(3,041)
138,420|
|Restricted funds|206,608|16,737|(69,004)|(17,292)
137,049|
||259,569|2^3,762 (177,529)||(20,333) 275,469|