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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Trustees' Report||2to3|
|Independent
Examiner's|Report||
|Statement ofFinancial|Activities||
|Balance Sheet|||
|Notes to the Financial|Statements|7to 14|
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||||Reference and|Administrative|Administrative|Administrative|Details|
|---|---|---|---|---|---|---|---|
|Charity Registration||Number|1132972|||||
|Principal Office|||Central Methodist|||Church||
||||Hargreaves|Street||||
||||Burnley|||||
||||Lancashire|||||
||||BB111DU|||||
|Independent|Examiner||KM|||||
||||1stFloor, Block C|||||
||||The Wharf|||||
||||Manchester|Road||||
||||Burnley|||||
||||Lancashire|||||
||||BB111JG|||||
|Bankers|||Virgin Money|||||
||||25 Manchester||Road|||
||||Burnley|||||
||||Lancashire|||||
||||BB111HX|||||
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|||Balance Sheet as at|31August 202|3||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|||
|Fixed assets||||||
|Tangible assets|||11|1,013,014|1,013,014|
|Investments|||12|452,635|301,026|
|||||1,465,649|1,314,040|
|Current
assets||||||
|Debtors|||13|8,983|41,021|
|Cash at bank|and in hand|||73,496|101,163|
|||||82,479|142,184|
|Creditors: Amounts||falling due within one year|14|(3,122)|(21,714)|
|Net current|assets|||79,357|120,470|
|Net assets||||1,545,006|1,434,510|
|Funds ofthe|charity:|||||
|Endowment|funds|||10,619|10,750|
|Unrestricted|income|funds||||
|Unrestricted|Funds|||1,534,387|1,423,760|
|Total funds|||15|1,545,006|1,434,510|
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||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Total|Total|
||||General|2023|2022|
|Rental income|||18,248|18,248|19,484|
|Employment|Allowance||4,780|4,780|4,443|
|Other income|including|sale ofchurch building|236,497|236,497|7,667|
||||259,525|259,525|31,594|
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|5
Expend|iture
on charitable
|activities||||
|---|---|---|---|---|---|
||||Unrestricted|||
||||funds|Total|Total|
||||General|2023|2022|
|||Note||||
|Charitable|activities||194,552|194,552|150,148|
|Staff costs|||174,324|174,324|178,882|
|Governance|costs||1,500|1,500|2,961|
||||370,376|370,376|331,991|
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||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Total|Total|
||||General|2023|2022|
|Independent|examiner|fees|1,500|1,500|2,088|
|Legal fees|||||873|
||||1,500|1,500|2,961|
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|The aggregate|payroll|costs|were|were|as follows:|as follows:||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2023||2022||
|Staffcosts during the||year|were:|||||||||||
|Wages and salaries||||||||||144,688|||149,204|
|Social security costs|||||||||||13,003||12,024|
|Pension costs|||||||||||16,633||17,654|
|||||||||||174,324|||178,882|
|The monthly|average|number||of persons||(including||senior management||/ leadership|team)|employed|by the|
|charity during|the year|expressed|||as full time equivalents||||was as follows:|||||
|||||||||||2023||2022||
|||||||||||No||No||
|Charitable
activities||||||||||||||
|No employee|received|emoluments|||ofmore|than|f60,000||during the year|||||
|9
Independent
examiner's||||remuneration||||||||||
|||||||||||2023||2022||
|Examination|ofthe financial||statements||||||||1,500||2,088|
|10 Taxation||||||||||||||
|The charity is aregistered
charity|||||and is therefore||exempt||from taxation.|||||
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|11 Tangible fixed assets|||
|---|---|---|
||Manses|Total|
|Cost|||
|At 1 September 2022|1,013,014|1,013,014|
|At 31August 2023|1,013,014|1,013,014|
|Depreciation|||
|At 31August 2023|||
|Net book value|||
|At 31August 2023|1,013,014|1,013,014|
|At 31August 2022|1,013,014|1,013,014|
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|12 Fixed asset investments||||
|---|---|---|---|
|||2023|2022|
|Other investments||452,635|301,026|
|Other investments||||
||Listed|Unlisted||
||investments|investments|Total|
|Cost or Valuation||||
|At 1 September 2022|15,922|285,103|301,025|
|Revaluation|(350)||(350)|
|Disposals||151,960|151,960|
|At 31August 2023|15,572|437,063|452,635|
|Net book value||||
|At 31August 2023|15,572|437,063|452,635|
|At 31August 2022|15,922|285,103|301,025|
|13 Debtors||||
|||2023|2022|
|Prepayments||6,876|6,424|
|Accrued income||2,107|34,597|
|||8,983|41,021|
|14 Creditors||||
|||2023|2022|
|Other creditors||1,622|3,732|
|Accruals||1,500|17,982|
|||3,122|21,714|
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|15 Funds|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||Balance at 1|||||Other|||
||||September|Incoming|Resources||recognised||Balance at 31||
||||2022|resources|expended||gains/(losses)||August 2023||
|Unrestricted|funds||||||||||
|General Fund|||119,842|250,812|(290,426)|||||80,228|
|Circuit Model Trust||Fund|290,904|230,411|(78,450)|||(220)||442,645|
|Manse s|||1,013,014|||||||1,013,014|
||||1,423,760|481,223|(368,876)|||(220)||1,535,887|
|Endowment|funds||||||||||
|Various endowment||funds|||||||||
|held with|TMCP||10,750|||||(131)||10,619|
|Total funds|||1,434,510|481,223|(368,876)|||(351)||1,546,506|
||||Balance|||||||Balance|
||||at 1|||||Other||at 31|
||||September|Incoming|Resources|||recognised||August|
||||2021|resources|expended|Transfers||gains/(losses)||2022|
|Unrestricted|funds||||||||||
|General Fund|||139,290|292,452|(314,900)||3,000|||119,842|
|Circuit Model Trust||Fund|309,868|1,473|(17,091)||(3,000)||(346)|290,904|
|Manse s|||1,013,014|||||||1,013,014|
||||1,462,172|293,925|(331,991)||||(346)|1,423,760|
|Endowment|funds||||||||||
|Various endowment||funds|||||||||
|held with|TMCP||11,029||||||(279)|10,750|
|Total funds|||1,473,201|293,925|(331,991)||||(625)|1,434,510|
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|16 Analysis ofnet assets between
fund|s|||
|---|---|---|---|
||Unrestricted|Endowment||
||funds|funds|Total funds|
||General||2023|
|Tangible fixed assets|1,013,014||1,013,014|
|Fixed asset investments|442,016|10,619|452,635|
|Current assets|82,479||82,479|
|Current liabilities|(3,122)||(3,122)|
|Total net assets|1,534,387|10,619|1,545,006|
||Unrestricted|Endowment||
||funds|funds|Total funds|
||General||2022|
|Tangible assets|1,013,014||1,013,014|
|Fixed asset investments|290,276|10,750|301,026|
|Current assets|142,184||142,184|
|Current liabilities|(21,714)||(21,714)|
|Total net assets|1,423,760|10,750|1,434,510|