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2023-12-31-accounts
|
|
Unrestricted |
Restricted |
Endowment |
Total |
Total |
|
Jotes |
funds |
funds |
funds |
2023 |
2022 |
|
|
£ |
£ |
£ |
£ |
£ |
| Income and endowments from: |
|
|
|
|
|
|
| Donationsandlegacies |
2 |
108,979 |
2,844 |
|
111,823 |
114,464 |
| Charitable activities |
3 |
6,512 |
|
|
6,512 |
8,569 |
| Letting ChurchandHallsand |
|
|
|
|
|
|
| reimbursedcosts |
4 |
155,252 |
|
|
155,252 |
154,924 |
| Investments |
5 |
52,117 |
2,221 |
|
54,338 |
53,461 |
| Total income |
|
322,860 |
5,065 |
|
327,925 |
331,418 |
| Expenditure on: |
|
|
|
|
|
|
| Raising funds |
6 |
6,752 |
|
|
6,752 |
6,142 |
| Charitable activities |
7 |
337,052 |
9,088 |
|
346,140 |
328,587 |
| Other-legal feesfor2023 |
|
6,395 |
|
|
6,395 |
752 |
|
|
350,199 |
9,088 |
|
359,287 |
335,481 |
| Netgains/(losses)oninvestments |
15 |
37,374 |
- |
|
37,374 |
(48,339) |
| Net income/(expenditure) |
|
10,035 |
(4,023) |
|
6,012 |
(52,402) |
| Transfers between funds |
19 |
(14,480) |
12,534 |
1,946 |
|
- |
| Net movement in funds |
|
(4,445) |
8,511 |
1,946 |
6,012 |
(52,402) |
| Reconciliation of funds |
|
|
|
|
|
|
| Total funds brought forward |
19 |
371,161 |
501,857 |
115,524 |
988,542 |
1,040,944 |
| Total funds carried forward |
19 |
£366,716 |
£510,368 |
£117,470 |
£994,554 |
£988,542 |
|
|
Note |
|
2023 |
|
2022 |
|
| FIXED ASSETS |
|
|
|
|
|
|
|
| Tangible fixed assets |
|
14 |
|
|
1,558 |
|
1,947 |
| Investments |
|
15 |
|
|
672,938 |
|
635,564 |
|
|
|
|
|
674,496 |
|
637,511 |
| CURRENT ASSETS |
|
|
|
|
|
|
|
| Debtors |
|
16 |
55,919 |
|
|
38,838 |
|
| Cashatbankand in |
hand |
|
286,251 |
|
|
349,498 |
|
|
|
|
342,170 |
|
|
388,336 |
|
| LIABILITIES |
|
|
|
|
|
|
|
| Creditors: Amounts |
fallingdue |
|
|
|
|
|
|
| withinoneyear |
|
17 |
22,112 |
|
|
37,305 |
|
NET CURRENT ASSETS |
|
|
|
|
320,058 |
|
351,031 |
TOTAL NET ASSETS |
|
20 |
|
|
£994,554 |
|
£988,542 |
| FUNDS |
|
|
|
|
|
|
|
| Unrestricted funds: |
General |
19 |
|
|
178,768 |
|
187,310 |
|
Designated |
19 |
|
|
187,948 |
|
183,851 |
| Restrictedfunds |
|
19 |
|
|
510,368 |
|
501,857 |
| Endowment funds |
|
19 |
|
|
117,470 |
|
115,524 |
|
|
19 |
|
|
£994,554 |
|
£988,542 |
| 2. |
INCOME FROM DONATIONS |
Unrestricted |
Restricted |
Total |
Total |
|
ANDLEGACIES |
Funds |
Funds |
2023 |
2022 |
|
|
£ |
£ |
£ |
£ |
|
Donations |
79,532 |
2,844 |
82,376 |
87,189 |
|
Grants |
2,547 |
|
2,547 |
4,000 |
|
Legacies |
1,000 |
|
1,000 |
|
|
GiftsandGiftAid taxrecovery |
25,900 |
|
25,900 |
23,275 |
|
|
£108,979 |
£2,844 |
£111,823 |
£114,464 |
| 3. |
INCOME FROM CHARITABLE |
Unrestricted |
Restricted |
Total |
Total |
|
ACTIVITIES |
Funds |
Funds |
2023 |
2022 |
|
Church activities |
6,512 |
|
6,512 |
8,569 |
|
|
£6,512 |
£Nil |
£6,512 |
£8,569 |
| 4. |
LETTINGCHURCHANDHALLSAND |
Unrestricted |
Restricted |
Total |
Total |
|
REIMBURSED COSTS |
Funds |
Funds |
2023 |
2022 |
|
ChurchandHall lettings |
152,267 |
|
152,267 |
149,809 |
|
Reimbursed shared costs |
2,985 |
|
2,985 |
5,115 |
|
|
£155,252 |
£Nil |
£155,252 |
£154,924 |
|
restricted funds.
|
|
|
|
|
| 5. |
INVESTMENT INCOME |
Unrestricted |
Restricted |
Total |
Total |
|
|
Funds |
Funds |
2023 |
2022 |
|
|
£ |
£ |
£ |
£ |
|
Rent receivable |
37,627 |
|
37,627 |
39,940 |
|
Bank interest |
2,537 |
|
2,537 |
790 |
|
Dividends |
11,953 |
2,221 |
14,174 |
12,731 |
|
|
£52,117 |
£2,221 |
£54,338 |
£53,461 |
funds.
|
|
|
|
|
| COSTOFRAISING FUNDS |
Direct |
Support |
Total |
Total |
|
Costs |
Costs |
2023 |
2022 |
| Property running costs |
£6,752 |
£Nil |
£6,752 |
£6,142 |
|
Direct |
Grant funding |
Support |
Total |
Total |
|
costs |
ofactivities |
cost |
2023 |
2022 |
| Church activities |
£140,848 |
£13,111 |
£192,181 |
£346,140 |
£328,587 |
| GRANT FUNDINGOFACTIVITIES |
2023 |
2022 |
|
£ |
£ |
| Supportingsponsored missionaries |
|
|
| Sutton Schools Work |
2,500 |
2,500 |
| Mission Aviation Fellowship |
2,500 |
2,500 |
| WycliffeBible Translators |
2,500 |
2,500 |
| Charitable fund disbursements |
1,588 |
4,123 |
| Benevolent fund disbursements |
- |
1,480 |
| Charitable donations from General Fund |
|
|
| ChristianAid |
1,000 |
1,000 |
| TheTrussell Trust |
1,000 |
1,000 |
| Bible Society |
- |
1,000 |
| Christians Against Poverty |
1,000 |
1,000 |
| WaterAid |
1,000 |
- |
| Others |
23 |
150 |
|
£13,111 |
£17,253 |
| 9. |
DIRECTCOSTS |
Raising |
Charitable |
|
|
|
|
Funds |
Activities |
2023 |
2022 |
|
|
£ |
£ |
£ |
£ |
|
Ministryandmission |
_ |
68,290 |
68,290 |
66,835 |
|
Staffcosts
Teachingandworship |
-. |
48,439
4,934 |
48,439
4,934 |
46,531
3,239 |
|
Outreach
Ministerial costs |
-. |
11,790
7,395 |
11,790
7,395 |
12,357
10,290 |
|
Property maintenanceandmanagement |
6,752 |
- |
6,752 |
6,142 |
|
|
£6,752 |
£140,848 |
£147,600 |
£145,394 |
| 10. |
SUPPORT COSTS |
|
|
2023 |
2022 |
|
|
|
|
£ |
£ |
|
Church office |
|
|
5,428 |
5,243 |
|
ChurchandHalls maintenanceandmanagement |
|
|
132,078 |
114,230 |
|
Staffcosts |
|
|
52,475 |
50,409 |
|
Governance costs (see Note11) |
|
|
2,200 |
2,200 |
|
|
|
|
£192,181 |
£172,082 |
| 11. |
GOVERNANCE COSTS |
|
|
2023 |
2022 |
|
Independentexaminer'sfees |
|
|
£2,200 |
£2,200 |
| 12. |
STAFF COSTS |
2023 |
2022 |
|
|
£ |
£ |
|
Salariesandwages |
92,311 |
93,218 |
|
Socialsecurity costs |
5,960 |
1,700 |
|
Pension costs |
2,643 |
2,022 |
|
|
£100,914 |
£96,940 |
|
£19,480 (2022: £22,480). |
|
|
|
|
| 14. |
TANGIBLE FIXED ASSETS |
Churchand |
Jelly Beans |
|
|
|
|
Hall |
Preschool |
Office |
|
|
|
equipment |
equipment |
equipment |
Total |
|
|
£ |
£ |
£ |
£ |
|
At1January 2022 |
47,018 |
10,000 |
1,439 |
58,457 |
|
Additions |
- |
. |
. |
. |
|
At31December 2023 |
47,018 |
10,000 |
1,439 |
58,457 |
|
Depreciation |
|
|
|
|
|
At1January 2022 |
45,071 |
10,000 |
1,439 |
56,510 |
|
Chargefor theyear |
389 |
- |
- |
389 |
|
At31December 2023 |
45,460 |
10,000 |
1,439 |
56,899 |
|
NetBook Value |
|
|
|
|
|
At31December 2023 |
£1,558 |
£Nil |
£Nil |
£1,558 |
|
At31December 2022 |
£1,947 |
£Nil |
£Nil |
£1,947 |
| 15. |
FIXED ASSET INVESTMENTS |
Listed |
Unlisted |
Investment |
|
|
|
Investments |
Investments |
Property |
Total |
|
|
£ |
£ |
£ |
£ |
|
Cost/Marketvalueat 1January 2023 |
380,521 |
100 |
254,943 |
635,564 |
|
Additionsatcost |
|
|
|
|
|
Disposals |
|
|
|
|
|
Netunrealised revaluation gains/(losses) |
37,374 |
|
|
37,374 |
|
Cost/Market valueat 31December 2023 |
£417,895 |
£100 |
£254,943 |
£672,938 |
|
Historical costat 31December 2023 |
£398,892 |
£100 |
£254,943 |
£653,935 |
|
Historical costsat 31December 2022 |
£398,892 |
£100 |
£254,943 |
£653,935 |
|
|
|
|
2023 |
2022 |
|
Analysis of investment gains/(losses) |
|
|
£ |
£ |
|
Unrealised gains/(losses) |
|
|
37,374 |
(18,371) |
|
Realised gains/(losses) |
|
|
|
(29,968) |
|
|
|
|
£37,374 |
£(48,339) |
| DEBTORS |
2023 |
2022 |
|
£ |
£ |
| Accruedincome-GiftAidclaims |
13,126 |
10,325 |
| Accrued income-GiftAidclaims |
4,600 |
|
| Amounts owedbygroup undertakings |
38,193 |
28,513 |
|
£55,919 |
£38,838 |
| CREDITORS: |
2023 |
2022 |
|
£ |
£ |
| Accrued expenses |
21,200 |
36,393 |
| Other creditors |
912 |
912 |
|
£22,112 |
£37,305 |
|
payments under non-cancellable operating |
2023 |
2022 |
| leasesare asfollows: |
|
£ |
£ |
| Withinoneyear |
|
1,200 |
1,339 |
| Betweenone andfive years |
|
4,800 |
|
| More than five years |
|
300 |
|
|
|
£6,300 |
£1,339 |
| 19. |
MOVEMENTINFUNDS |
Brought |
|
|
|
|
|
Carried |
|
|
forwardat |
Income |
Expenditure |
|
Transfers |
Gains/ |
forwardat |
|
|
1January |
|
|
|
between |
(losses) |
31December |
|
|
2023 |
|
|
|
funds |
|
2023 |
|
|
£ |
£ |
£ |
|
£ |
£ |
£ |
|
Unrestricted funds |
|
|
|
|
|
|
|
|
General funds |
187,310 |
316,885 |
(350,199) |
|
(12,602) |
37,374 |
178,768 |
|
Designatedfunds |
|
|
|
|
|
|
|
|
Special purposes fund |
183,851 |
1,000 |
|
- |
3,097 |
|
187,948 |
|
Energy deficit fund |
|
4,975 |
|
|
(4,975) |
|
|
|
|
371,161 |
322,860 |
(350,199) |
|
(14,480) |
37,374 |
366,716 |
|
Restricted funds |
|
|
|
|
|
|
|
|
Mission fund |
|
1,256 |
(7,500) |
|
6,244 |
|
|
|
Charitablefund |
|
1,588 |
(1,588) |
|
|
|
|
|
Benevolent fund |
3,929 |
2,221 |
|
|
|
|
6,150 |
|
House property fund |
173,977 |
|
|
|
2,930 |
|
176,907 |
|
Newhorizons fund |
199,409 |
|
|
|
3,360 |
|
202,769 |
|
Investments fund |
124,502 |
|
|
|
|
|
124,502 |
|
TenantedMansefund |
40 |
|
|
|
|
|
40 |
|
|
501,857 |
5,065 |
(9,088) |
|
12,534 |
|
510,368 |
|
Endowment funds |
|
|
|
|
|
|
|
|
Endowments fund |
115,524 |
|
|
|
1,946 |
|
117,470 |
|
|
£988,542 |
£327,925 |
£(359,287) |
|
£Nil |
£37,374 |
£994,554 |
| Comparative figures |
for2022are as |
follows: |
|
|
|
|
|
Brought |
Income |
Expenditure |
Transfers |
Gains/ |
Carried |
|
forwardat |
|
|
|
|
forwardat |
|
1January |
|
|
between |
(losses) |
31December |
|
2022 |
|
|
funds |
|
2022 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
|
| General funds |
247,486 |
311,484 |
(308,539) |
(14,782) |
(48,339) |
187,310 |
| Designatedspecial |
|
|
|
|
|
|
| purposesfund |
179,613 |
10,523 |
(8,522) |
2,237 |
|
183,851 |
|
427,099 |
322,007 |
(317,061) |
(12,545) |
(48,339) |
371,161 |
| Restricted funds |
|
|
|
|
|
|
| Mission fund |
|
1,040 |
(7,500) |
6,460 |
|
|
| Charitable fund |
|
4,092 |
(4,122) |
30 |
|
|
| Benevolentfund |
3,262 |
2,147 |
(1,480) |
|
|
3,929 |
| House property fund |
171,836 |
|
|
2,141 |
|
173,977 |
| Newhorizonsfund |
196,956 |
- |
- |
2,453 |
|
199,409 |
| Investments fund |
124,502 |
|
|
|
|
124,502 |
| Tenanted Mansefund |
3,186 |
2,132 |
(5,318) |
40 |
|
40 |
|
499,742 |
9,411 |
(18,420) |
11,124 |
|
501,857 |
| Endowment funds |
|
|
|
|
|
|
| Endowments fund |
114,103 |
|
|
1,421 |
|
115,524 |
|
£1,040,944 |
£331,418 |
£(335,481) |
£Nil |
£(48,339) |
£988,542 |
|
|
|
|
Total |
Total |
|
Unrestricted |
Restricted |
Endowment |
Funds |
Funds |
|
funds |
funds |
funds |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
£ |
| Fixed Assets |
419,553 |
254,943 |
|
674,496 |
637,511 |
| Current Assets |
(30,725) |
255,425 |
117,470 |
342,170 |
388,336 |
| Current Liabilities |
(22,112) |
|
|
(22,112) |
(37,305) |
|
£366,716 |
£510,368 |
£117,470 |
£994,554 |
£988,542 |
|
|
|
|
Total |
Total |
|
Unrestricted |
Restricted |
Endowment |
Funds |
Funds |
|
funds |
funds |
funds |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
£ |
| Fixed Assets |
382,568 |
254,943 |
|
637,511 |
636,337 |
| Current Assets |
25,898 |
246,914 |
115,524 |
388,336 |
426,569 |
| Current Liabilities |
(37,305) |
|
|
(37,305) |
(21,962) |
|
£371,161 |
£501,857 |
£115,524 |
£988,542 |
£1,040,944 |
| Related Party |
Relationship |
Details |
Amount |
Balance |
| 2023 |
|
|
|
|
| JellyBeansPreschool |
Subsidiary |
Halllettingrent |
£49,680 |
£38,193 |
| Limited |
undertaking |
Recharged expenses |
£Nil |
£Nil |
| 2022 |
|
|
|
|
| Jelly Beans Preschool |
Subsidiary |
Hall letting rent |
£40,241 |
£28,513 |
| Limited |
undertaking |
Recharged expenses |
£Nil |
£Nil |