| YEAR ENDED 31"MARC | H 2023 |
|---|---|
| Contents | Pages |
| Legal and Administrative Information |
|
| Report ofthe Trustees | 4-10 |
| Independent Auditor's Report |
|
| Statement of Financial Activities |
12 |
| Balance Sheet | 13 |
| Principal Accounting Policies |
14 |
| Notes to the Financial Statements | 15-17 |
| Notes | Unrestricted | Restricted | 31/03/2023 | 31/03/2022 | ||
|---|---|---|---|---|---|---|
| funds | funds | Total funds | Total funds | |||
| f | f | f | jsSee over f |
|||
| INCOME FROM: | ||||||
| Donations and legacies |
51,691 | 0 | 51,691 | 58,820 | ||
| Gift aid receipts | 11,125 | 0 | 11,125 | 19,022 | ||
| Sales and refunds | 401 | 0 | 571 | 0.00 | ||
| Investments income |
57,926 | 0 | 57,756 | 39,665 | ||
| Total incoming resources | 121143 | 0 | 121143 | 117507 | ||
| EXPENDITURE ON: | ||||||
| Charitable activities |
129,724 | 0 | 129,724 | 101,652 | ||
| Total resources expended | 129724 | 0 | 129724 | 101652 | ||
| Net Incoming (Outgoing) Resources Before Transfers Transfers between funds |
8 581 | 0 0 |
8 561 15855 0, 0 |
|||
| NET MOVEMENT IN FUNDS |
8581 | 0 | 8581 | 15855 | ||
| Total funds brought forward |
106,950 | 0 | 106,950 | 91,095 | ||
| TOTAL FUNDS CARRIED FORWARD | 98,369 | 0 | 98369 | 106950 |
| Notes | 31/03/2023 | 31/03/2022 | |||
|---|---|---|---|---|---|
| L | E | ||||
| 2 | Investment income |
||||
| Lettings and rental | income | 57,756 | 39,651 | ||
| Bank interest received | 170 | 14 | |||
| 57,926 | 39665 | ||||
| 3 | Expenditure on charitable |
activities | |||
| Ministri casts | |||||
| Minister's stipend |
35,981 | 37,151 | |||
| Youth worker's costs | 250 | 0 | |||
| Minister's expenses |
605 | 712 | |||
| Travel expenses | 230 | 0 | |||
| Visiting preachers' fees |
870 | 449 | |||
| Other costs | 0 | 3,945 | |||
| 37,936 | 42,257 | ||||
| Premises costs | |||||
| Heat and light | 11,500 | 8,633 | |||
| Council tax and water | 2,123 | 2,826 | |||
| Insurance | 6,616 | 6,201 | |||
| Caretaking and cleaning |
6,919 | 0 | |||
| Repairs and maintenance | 34,767 | 20,352 | |||
| Refund (Electricity/ |
Solar) | 0 | -3,415 | ||
| Other costs | 6,150 | 1,203 | |||
| 68,076 | 35,800 | ||||
| dministrative co |
ts | ||||
| Donations and subscriptions |
7,958 | 8,879 | |||
| Office costs | 9,264 | 12,030 | |||
| Music and related costs | 3,603 | 717 | |||
| IT/ Website costs | 2,888 | 122 | |||
| Covid-19 expenses | 0 | 0 | |||
| Other costs | 0 | 1,747 | |||
| 23,713 | 23,595 | ||||
| TOTAL CHARITABLE ACTIVITIES | |||||
| EXPENDITURE | 129724 | 101652 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| f | f | ||||||
| Salary, pension costs and | national | insurance | 35,981 | 37,151 | |||
| Manse costs | 605 | 712 | |||||
| 36 | 586 | 37 | 863 | ||||
| STAFF | |||||||
| The number | of employees | during | the year was as follows: |
| Notes | ||||||||
|---|---|---|---|---|---|---|---|---|
| 31/03/2023 | 31/03/2022 | |||||||
| 4 | CURRENT ASSETS | 8 | 8 | |||||
| Deposit —London Baptist | Property | Board | 6,894 | 6,720 | ||||
| Deposit —Baptist Union | Corporation | 4,532 | 4,532 | |||||
| 11 | 426 | 11 | 252 | |||||
| CREDITORS: AMOUNTS | FALLING | |||||||
| 5 | DUE WITHIN ONE YEAR | |||||||
| Loan - Baptist Building | Fund | 0 | 5,600 | |||||
| Key deposits | 175 | 175 | ||||||
| Donations due |
6,000 | 6,000 | ||||||
| Sundry creditors |
220 | 220 | ||||||
| PAYE accrual | 437 | 438 | ||||||
| 6 | 832 | 12 | 433 |