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|Trustees'
annual
report||||
|---|---|---|---|
|Independent
examiner's
report|to the trustees|||
|Statement
offinancial activities||||
|Statement offinancial
position||||
|Statement
ofcash flows|||10|
|Notes to the financial statements||||
|The following pages do not form part of||the financial statements||
|Detailed statement
offinancial|activities||20|
|Notes to the detailed statement|offinancial|activities|21|
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||||||2022|2022|2021|
|---|---|---|---|---|---|---|---|
||||||Unrestricted|||
||||||funds|Totalfunds|Total funds|
|||||Note||||
|Income and endowments||||||||
|Donations
and legacies|||||520,501|520,501|493,288|
|Charitable
activities|||||16,848|16,S48|11,239|
|Investment
income|||||2,292|2,292|1,575|
|Total income|||||539,641|539,641|506,102|
|Expenditure||||||||
|Expenditure
on charitabie||activities||7,8|591,175|591,175|615,318|
|Total expenditure|||||591,175|591,176|615,318|
|Net expenditure
and net||movement|in funds||(51,534)|{51,534)|(109,216)|
|Reconciliation
offunds||||||||
|Total funds brought|forward||||2,126,562|2,126,562|2,235,778|
|Total funds carried|forward||||2,075,028|2,075,028|2,126,562|
##
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||||||||2021|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Tangible fixed assets||||||1,628,161|1,628,161|
|Investments||||||20,808|20,830|
|||||||1,648,969|1,648,991|
|Current assets||||||||
|Debtors||||14|13,511||53,440|
|Cash at bank and in|hand||||560,043||555,459|
||||||573,554||608,899|
|Creditors: amounts|falling||due within one year||||131,328|
|Net current assets|||||||477,571|
|Total assets less current|||liabilities|||2„075,028|2,126,562|
|Net assets||||||2,025,02&|2,126,602|
|Funds ofthe charity||||||||
|Unrestricted
funds:||||||||
|Revaluation
reselve|||||737,852||737,852|
|Other unrestricted||income funds|||I13371176||1,388,710|
|Total unrestricted
funds||||||2„075,028|2,126,562|
|Total charity funds||||||2,025,025|2,120,502|
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|||Year en|ded 3'i August 202|2||
|---|---|---|---|---|---|
|||||2022|2021|
|Cash flows from operating|activities|||||
|Net expenditure||||(51,534}|(109,216)|
|Adjustments
for:||||||
|Other interest receivable and similar income||||(2,292)|(1,575)|
|Interest payable
and similar|charges|||185|129|
|Accrued expenses/(income)||||15,948|(4,224)|
|Changes in:||||||
|Trade and other debtors||||39,929|(586)|
|Trade and other creditors||||219|(570}|
|Cash generated
from operations||||2,455|(116,042)|
|Interest paid||||(185}|(129)|
|Interest received||||2,292|1,575|
|Net cash from/(used
in) operating||activities||4„582|(114,596}|
|Cash flows from investing|activities|||||
|Purchases
ofother investments|||||(1,536}|
|Proceeds from sale ofother|investments|||||
|Net cash from/(used
in) investing||activities|||(1,5M)|
|Net increase/(decrease)
in|cash|and cash|equivalents|4,584|(116,132)|
|Cash and cash equivalents|at beginning||ofyear|555,459|671,691|
|Cash and cash equivalents|at end ofyear|||569,945|555,459|
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||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|---|
||||||Funds|2022|Funds|2021|
||||||F||||
||Donations||||||||
||Assessment||or Share||467,808|¹67,808|470,147|470,147|
||Church contribution|||-cost of|||||
||layworkers||||25,000|25,000|18,750|18,750|
||Other grants||and donations||27,693|27,693|1,502|1,502|
||Other income||||||1,430|1,430|
||Grants||||||||
||CJRS receipts|||||||1,459|
||||||520,501|520,501|493,288|493,288|
|5.|Charitable|activities|||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2022|Funds|2021|
||Rental income||||16,848|16,848|11,239|11,239|
|6.|Investment|income|||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2022|Funds|2021|
||Bank interest||receivable||1,070|1,070|412|412|
||Investment|income|||1,222|1 222|1,163|1,163|
||||||2,292|2,292|1,575|1,575|
##
|Expenditure
on|charitable
activ|ities by fund type||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2022|Funds|2021|
|Direct charitable|activities|589,650|589,650|613,629|613,629|
|Support costs||1,525|1,525|1,689|1,689|
|||591,1?5|591,1?5|615,318|815,318|
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|8.|Expenditure|on|charitabl|e
acti|vities by activity type||||
|---|---|---|---|---|---|---|---|---|
||||||Activities||||
||||||undertaken|Support|Total funds|Total fund|
||||||directly|costs|2022|2021|
||Direct charitable||activities||589,650||589„650|613,629|
||Governance|costs||||1,525|1,525|1,689|
||||||589,650|1,525|691,175|616,818|
|9.|Independent|examination||fees|||||
|||||||||2021|
||Fees payable|to|the independent||examiner for:||||
||Independent|examination||ofthe|financial statements||1,100|1,100|
##
|The average head|count ofemployees|count ofemployees|during the year was 11(2021:|12).The average|number|of|
|---|---|---|---|---|---|---|
|full-time equivalent|employees|during|the year is analysed as follows;||||
|||||2022|2021||
|||||No.|No.||
|Number ofstaff||||11||12|
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|No remuneration
or other
benefits
from
employment
with the
received by the trustees,
Tangible fixed assets|charity
or a related
entity
were|
|---|---|
||Land and|
||buildings|
||R|
|Cost||
|At 1 September 2921 and 31August 2022|1,828,'181|
|Depreciation||
|At 1 September 2021 and 31August 2022||
|Carrying
amount||
|At 31August 2022|1,528,181|
|At 31 August 2021|1,628,161|
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|investments
Year ended 31August 2022||
|---|---|
||Cash or|
||cash|
||equivalents|
|Cost or valuation||
|At 1 September 2021|20,830|
|Additions||
|Dlsposals|(22)|
|At 31August 2022|20,808|
|Impairment||
|At 1September 2021 and 31August 2022||
|Carrying
amount||
|At 31August 2022|20,808|
|At 31 August 2021|20,830|
|All investments
shown above are held at valuation.||
##
|14.|All investments
Debtors|shown|above are held at valuation.|||
|---|---|---|---|---|---|
|||||2022|2021|
||Prepayments|and accrued income||13,511|12,465|
||Other debtors|- Loans by Circuit|||40,975|
|||||13,511|53,440|
|15.|Creditors: amounts||falling due within one year|||
|||||2022|2021|
||Trade creditors|||13,038|12,820|
||Accruals and|deferred|income|134,458|118,508|
|||||147,495|131,328|
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|Unrestricted|funds||||||
|---|---|---|---|---|---|---|
|||At||||At|
|||1 September||||31August 2|
|||2021|Income|Expenditure|Transfers|022|
|||||||R|
|Unrestricted|funds-||||||
|General funds||1,140,765|538,517|(580,571)|59,029|1,157,740|
|Unrestricted|funds-||||||
|Circuit Model Trust|||||||
|Fund||247,945|1,124|(10,604)|(59,029)|179,436|
|Revaluation|reserve|737,852||||737,852|
|||2,126,562|539,641|{691,175)||2075,028,|
|||At||||At|
|||1 September||||31 August 20|
|||2020|Income|Expenditure|Transfers|21|
||||||F||
|Unrestricted|funds-||||||
|General funds||1,132,301|504,939|(595,915)|99,440|1,140,765|
|Unrestricted|funds-||||||
|Circuit Model|Trust||||||
|Fund||365,625|1,163|(19,403)|(99,440)|247,945|
|Revaluation|reserve|737,852||||737,852|
|||2,235,778|506,102|(615,318)|—|2,126,562|
##
|Analysis of net as|sets between funds|||
|---|---|---|---|
|||Unrestricted|Total Funds|
|||Funds|2022|
|Tangible fixed assets||1,628,161|1,628„181|
|Investments||20,808|20,808|
|Current assets||573,554|573,554|
|Creditors less than|1 year|(147,405)|(147,495)|
|||2,075,028|2,075,028|
|||Unrestricted|Total Funds|
|||Funds|2021|
|||f.||
|Tangible fixed assets||1,628,161|1,628,161|
|Investments||20,830|20,830|
|Current assets||608,899|608,899|
|Creditors less then|1year|(131,328)|(131,328)|
|Net assets||2,126,562|2,126,562|
##
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##
|Analy|sis|ofc|han|ges|
in net debt||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||At||At||
|||||||1|Sep 2021|Cash flows|31Aug|2M2|
|||||||||E||R|
|Cash|at|bank|and|in|hand||655,459|4,584|580,043||
##
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|Income and endowments|Income and endowments||||
|---|---|---|---|---|
|Donations
and legacies|||||
|Assessment
or Share|||467,808|470,147|
|Church contribution
-cost of layworkers|||25,000|18,750|
|Other grants and donations|||27,693|1,502|
|Other income||||1,430|
|CJRS receipts||||1,459|
||||520,501|493,288|
|Charitable
activities|||||
|Rental income|||16,848|11,239|
|Investment
income|||||
|Bank interest receivable|||1,070|412|
|Investment
income|||1 222|1,163|
||||2,292|1,575|
|Total income||||606,102|
|Expenditure|||||
|Expenditure
on charitable||activities|||
|Wages and salaries|||309,177|328,777|
|Employer's
NIC|||17,590|17,831|
|Ministerial
pension
fund|contribution||M,000||
|Rates and water|||25,857|26,823|
|Repairs and maintenance|||42,083|33,729|
|Insurance|||5,869|5,698|
|Other establishment|||1,930|1,660|
|Other motor/travel
costs|||4,787|4,825|
|Legal and professional|fees||1,448|1,560|
|Telephone|||4,970|4,994|
|Other oNce costs|||14,235|21,420|
|Other interest payabie and simiiar charges|||185|129|
|District assessment|||95,056|93,520|
|Circuit/district
payments|||9„897|18,672|
|Other grants and donations|||39,531|55,680|
|Donation
returned|||(116,440)||
||||591,175|615,318|
|Total expenditure|||551,'l75|616,3'l6|
|Net expenditure|||(51,536)|(106,216)|
##
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|Expenditure
on charitable|Expenditure
on charitable|activities|||
|---|---|---|---|---|
|Direct charitable
activities|||||
|Activities undertaken|directly||||
|Wages and salaries|||309,177|328,777|
|Employer's
NIC|||17,590|17,831|
|Ministerial
pension
fund|contribution||M,000||
|Utilities|||25,857|26,823|
|Repairs 8 maintenance|||42,083|33,729|
|Insurance|||5,889|5,698|
|Other establishment
costs|||1,930|1,660|
|Other motor/travel
costs|||4,787|4,825|
|Legal and professional|fees||108||
|Telephone|||4,970|4,994|
|Other office costs|||14,235|21,420|
|District assessment|||95,058|93,520|
|Circuit/district
payments|||9,897|18,672|
|Other grants and donations|||39,531|55,680|
|Donation
returned|||(18,449)||
||||589,850|613,629|
|Governance costs|||||
|Governance
costs - accountancy fees|||1,340|1,560|
|Bank charges|||185|129|
||||1,525|1,689|
|Expenditure
on charitable||activities||615,318|