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2023-12-31-accounts
|
|
Page |
| Reference and Administrative Details |
|
1 |
| ReportoftheTrustees |
2 |
to 6 |
| Independent Examiner's Report |
|
7 |
| StatementofFinancialActivities |
|
8 |
| Balance Sheet |
|
9 |
| Notestothe Financial Statements |
10 |
to 25 |
| Detailed StatementofFinancial Activities |
26 |
to 27 |
| TRUSTEES |
Mr J Madden (resigned 31/12/23) |
|
Revd A Eakins (Chair & Minister) |
|
Mr S Town (appointed 1/1/23) |
|
Mrs K Dawkins |
|
Mr J Winning |
|
Mr J Ditchburn |
|
Dr R Boyd (Treasurer) |
| PRINCIPAL ADDRESS |
Broadmead Community Church |
|
Broadmead Avenue |
|
Northampton |
|
NN32QY |
| REGISTERED CHARITY |
1135268 |
| NUMBER |
|
| INDEPENDENT EXAMINER |
Shaw Gibbs Limited |
|
Eagle House |
|
28 Billing Road |
|
Northampton |
|
NN15AJ |
| BANKERS |
Natwest Bank |
|
41The Drapery |
|
Northampton |
|
NN12EY |
|
Virgin Money |
|
7 Gold Street |
|
Northampton |
|
NN11EN |
| PROPERTY TRUSTEES |
The Baptist Union Corporation Limited |
|
Baptist House |
|
129 Broadway |
|
Didcot |
|
Oxfordshire |
|
OX118RT |
|
|
|
|
|
2023 |
2022 |
|
|
Unrestricted |
Restricted |
Endowment |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
£ |
| INCOME AND |
|
|
|
|
|
|
| ENDOWMENTS FROM |
|
|
|
|
|
|
| Donations and legacies |
2 |
243,168 |
13,588 |
11,777 |
268,533 |
312,567 |
| Charitable activities |
5 |
|
|
|
|
|
| Charitable |
|
40,500 |
17,591 |
1,000 |
59,091 |
22,344 |
| Other trading activities |
3 |
57,849 |
|
|
57,849 |
49,348 |
| Investment income |
4 |
49 |
|
|
49 |
109 |
| Total |
|
341,566 |
31,179 |
12,777 |
385,522 |
384,368 |
| EXPENDITURE ON |
|
|
|
|
|
|
| Charitable activities |
6 |
|
|
|
|
|
| Ministry |
|
132,968 |
7,616 |
41,450 |
182,034 |
135,748 |
| Mission |
|
44,691 |
8,433 |
8,748 |
61,872 |
67,191 |
| Establishment |
|
69,580 |
12,248 |
24,126 |
105,954 |
74,708 |
| Other |
|
433 |
646 |
54,101 |
55,180 |
54,940 |
| Total |
|
247,672 |
28,943 |
128,425 |
405,040 |
332,587 |
| NET |
|
|
|
|
|
|
| INCOME/(EXPENDITURE) |
|
93,894 |
2,236 |
(115,648) |
(19,518) |
51,781 |
| Transfers between funds |
18 |
(100,350) |
{4,347) |
104,697 |
|
|
| Net movementinfunds |
|
(6,456) |
(2,111) |
(10,951) |
(19,518) |
51 ,781 |
| RECONCILIATIONOF |
|
|
|
|
|
|
| FUNDS |
|
|
|
|
|
|
| Total funds brought forward |
|
77,542 |
31,402 |
1,473,920 |
1,582,864 |
1,531,083 |
| TOTAL FUNDS CARRIED |
|
|
|
|
|
|
| FORWARD |
|
71,086 |
29,291 |
1,462,969 |
1,563,346 |
1,582,864 |
|
|
|
|
|
2023 |
2022 |
|
|
Unrestricted |
Restricted |
Endowment |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
£ |
| FIXED ASSETS |
|
|
|
|
|
|
| Tangible assets |
13 |
3,289 |
3,860 |
2,583,318 |
2,590,467 |
2,643,247 |
| CURRENT ASSETS |
|
|
|
|
|
|
| Debtors: amounts falling due |
|
|
|
|
|
|
| within one year |
14 |
13,038 |
137 |
72 |
13,247 |
30,833 |
| Cashatbank |
|
67,461 |
25,354 |
|
92,815 |
87,041 |
|
|
80,499 |
25,491 |
72 |
106,062 |
117,874 |
| CREDITORS |
|
|
|
|
|
|
| Amounts falling due within |
|
|
|
|
|
|
| one year |
15 |
(12,702) |
(60) |
(48,885) |
(61,647) |
(57,687) |
| NET CURRENT ASSETS |
|
67,797 |
25,431 |
(48,813) |
44,415 |
60,187 |
| TOTAL ASSETS LESS |
|
|
|
|
|
|
| CURRENT LIABILITIES |
|
71,086 |
29,291 |
2,534,505 |
2,634,882 |
2,703,434 |
| CREDITORS |
|
|
|
|
|
|
| Amountsfalling due after |
|
|
|
|
|
|
| more than one year |
16 |
|
|
(1,071,536) |
(1,071,536) |
(1,120,570) |
| NET ASSETS |
|
71,086 |
29,291 |
1,462,969 |
1,563,346 |
1,582,864 |
| FUNDS |
18 |
|
|
|
|
|
| Unrestricted funds |
|
|
|
|
71,086 |
77,542 |
| Restricted funds |
|
|
|
|
29,291 |
31,402 |
| Endowment funds |
|
|
|
|
1,462,969 |
1,473,920 |
| TOTAL FUNDS |
|
|
|
|
1,563,346 |
1,582,864 |
| 2. |
DONATIONS AND LEGACIES |
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
|
Gifts |
22,058 |
51,566 |
|
Donations |
202,181 |
203,671 |
|
Gift aid |
38,644 |
52,459 |
|
Legacies |
|
1,000 |
|
Other income |
5,650 |
3,871 |
|
|
268,533 |
312,567 |
| 3. |
OTHER TRADING ACTIVITIES |
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
|
Room hireandother trading income |
57,849 |
49,348 |
| 4. |
INVESTMENTINCOME |
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
|
Deposit account interest |
49 |
109 |
|
|
2023 |
2022 |
|
Activity |
£ |
£ |
| Grants |
Charitable |
59,091 |
17,495 |
| BMAC |
Charitable |
|
4,849 |
|
|
59,091 |
22,344 |
| Grants received, included in the above, areasfollows: |
|
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
| Maud Elkington Charitable |
Trust |
1,000 |
|
| Timson Trust |
|
500 |
500 |
| Eric Stanton Trust |
|
3,000 |
|
| Councillor Covid Support Fund |
|
|
495 |
| Community Pastor Work |
|
|
15,000 |
| West Northamptonshire Council |
|
14,091 |
1,500 |
| Fyrish Foundation Grant |
|
30,000 |
|
| Garfield Weston Grant |
|
10,000 |
|
| Princes St Baptist Chapel Fund |
|
500 |
|
|
|
59,091 |
17,495 |
|
|
Grant |
|
|
|
|
fundingof |
|
|
|
Direct |
activities |
Support |
|
|
Costs (see |
(see note |
costs (see |
|
|
note 7) |
8) |
note 9) |
Totals |
|
£ |
£ |
£ |
£ |
| Ministry |
104,147 |
|
77,887 |
182,034 |
| Mission |
21,980 |
23,454 |
16,438 |
61,872 |
| Establishment |
60,619 |
|
45,335 |
105,954 |
|
186,746 |
23,454 |
139,660 |
349,860 |
| DIRECT COSTSOFCHARITABLE ACTIVITIES |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Staff costs |
99,187 |
83,692 |
| Staff expenses |
1,308 |
320 |
| Manse costs |
23,071 |
15,447 |
| Church costs |
32,819 |
26,817 |
| Building Project |
|
504 |
| Fellowship |
25,546 |
21,106 |
| BMAC |
4,815 |
2,152 |
|
186,746 |
150,038 |
| GRANTSPAYABLE |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Mission |
23,454 |
22,261 |
| The total grants paid to institutions during the year was as follows: |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Supporting Broadmead Missionaries |
21,255 |
20,242 |
| CBA (BUGB) Home Mission |
1,575 |
1,500 |
| BMAC |
280 |
90 |
| Other Local & National Missions |
344 |
429 |
|
23,454 |
22,261 |
| SUPPORT COSTS |
|
|
|
|
|
|
|
|
Loan |
Governance |
|
|
Management |
Finance |
interest |
costs |
Totals |
|
£ |
£ |
£ |
£ |
£ |
| Ministry |
33,092 |
871 |
41,449 |
2,475 |
77,887 |
| Mission |
6,984 |
184 |
8,748 |
522 |
16,438 |
| Establishment |
19,261 |
508 |
24,126 |
1,440 |
45,335 |
|
59,337 |
1,563 |
74,323 |
4,437 |
139,660 |
| Management |
|
|
|
|
|
|
|
|
|
|
|
|
|
2023 |
2022 |
|
|
|
|
|
|
Total |
Total |
|
Ministry |
|
Mission |
|
Establishment |
activities |
activities |
|
£ |
|
£ |
|
£ |
£ |
£ |
| Wages |
23,568 |
|
4,974 |
|
13,718 |
42,260 |
39,765 |
| Fire and security |
2,814 |
|
|
594 |
1,638 |
5,046 |
|
| Telephone |
3,124 |
|
|
659 |
1,818 |
5,601 |
4,026 |
| Photocopier |
|
617 |
|
130 |
359 |
1,106 |
4,880 |
| Administration |
2,204 |
|
|
466 |
1,283 |
3,953 |
5,147 |
| Bad debts |
|
765 |
|
161 |
445 |
1,371 |
|
|
33,092 |
|
6,984 |
|
19,261 |
59,337 |
53,818 |
| Finance |
|
|
|
|
|
|
|
|
|
|
|
|
|
2023 |
2022 |
|
|
|
|
|
|
Total |
Total |
|
Ministry |
|
Mission |
|
Establishment |
activities |
activities |
|
£ |
|
£ |
|
£ |
£ |
£ |
| Bank charges |
|
871 |
|
184 |
508 |
1,563 |
510 |
| Loan interest |
|
|
|
|
|
|
|
|
|
|
|
|
|
2023 |
2022 |
|
|
|
|
|
|
Total |
Total |
|
Ministry |
|
Mission |
|
Establishment |
activities |
activities |
|
£ |
|
£ |
|
£ |
£ |
£ |
| Loan |
41,449 |
|
8,748 |
|
24,126 |
74,323 |
47,330 |
| Governance costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
2023 |
2022 |
|
|
|
|
|
|
Total |
Total |
|
Ministry |
|
Mission |
|
Establishment |
activities |
activities |
|
£ |
|
£ |
|
£ |
£ |
£ |
| Independent examination |
|
|
|
|
|
|
|
| fee |
|
669 |
|
141 |
390 |
1,200 |
1,056 |
| Accountancy fees |
|
|
|
|
|
|
|
| payable to Independent |
|
|
|
|
|
|
|
| Examiner |
1,806 |
|
|
381 |
1,050 |
3,237 |
2,634 |
|
2,475 |
|
|
522 |
1,440 |
4,437 |
3,690 |
|
2023 |
2022 |
|
£ |
£ |
| Wages andsalaries |
126,193 |
119,232 |
| Social security costs |
3,399 |
3,913 |
| Other pension costs |
11,855 |
312 |
|
141,447 |
123,457 |
| Pensions for the year are madeupof the following: |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Pension costs |
11,855 |
13,617 |
| Unwindingofpension provision |
|
{13,305) |
|
11,855 |
312 |
|
|
|
2023 |
2022 |
| Staff |
|
|
9 |
7 |
| No employees received emolumentsinexcess of £60,000. |
|
|
|
|
| COMPARATIVESFOR THE STATEMENT OF FINANCIAL |
|
ACTIVITIES |
|
|
|
Unrestricted |
Restricted |
Endowment |
Total |
|
funds |
funds |
funds |
funds |
|
£ |
£ |
£ |
£ |
| **INCOME ANDENDOWMENTS FROM ** |
|
|
|
|
| Donations and legacies |
293,599 |
18,968 |
|
312,567 |
| Charitable activities |
|
|
|
|
| Charitable |
500 |
21,844 |
|
22,344 |
| Other trading activities |
44,316 |
5,032 |
|
49,348 |
| Investment income |
107 |
2 |
|
109 |
| Total |
338,522 |
45,846 |
|
384,368 |
| EXPENDITUREON |
|
|
|
|
| Charitableactivities |
|
|
|
|
| Ministry |
97,002 |
19,422 |
19,324 |
135,748 |
| 12. |
COMPARATIVES FOR THE STATEMENT |
OFFINANCIAL ACTIVITIES |
OFFINANCIAL ACTIVITIES |
-continued |
|
|
|
Unrestricted |
Restricted |
Endowment |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
£ |
£ |
£ |
£ |
|
Mission |
49,405 |
8,302 |
9,484 |
67,191 |
|
Establishment |
54,875 |
8,626 |
11,207 |
74,708 |
|
Other |
393 |
446 |
54,101 |
54,940 |
|
Total |
201,675 |
36,796 |
94,116 |
332,587 |
|
NET INCOME/(EXPENDITURE) |
136,847 |
9,050 |
(94,116) |
51,781 |
|
Transfers between funds |
{95,925) |
127 |
95,798 |
|
|
Net movementinfunds |
40,922 |
9,177 |
1,682 |
51,781 |
|
RECONCILIATIONOFFUNDS |
|
|
|
|
|
Total funds brought forward |
36,619 |
22,226 |
1,472,238 |
1,531,083 |
|
TOTAL FUNDS CARRIED FORWARD |
77,541 |
31,403 |
1,473,920 |
1,582,864 |
| 13. |
TANGIBLE FIXED ASSETS |
|
|
|
|
|
|
|
|
Fixtures |
|
|
|
|
Church |
and |
|
|
|
|
Premises |
fittings |
Totals |
|
|
|
£ |
£ |
£ |
|
COST |
|
|
|
|
|
At 1 January 2023 |
|
2,705,045 |
8,392 |
2,713,437 |
|
Additions |
|
|
2,399 |
2,399 |
|
At31December 2023 |
|
2,705,045 |
10,791 |
2,715,836 |
|
DEPRECIATION |
|
|
|
|
|
At 1 January 2023 |
|
67,626 |
2,564 |
70,190 |
|
Charge for year |
|
54,101 |
1,078 |
55,179 |
|
At31December 2023 |
|
121,727 |
3,642 |
125,369 |
|
NET BOOK VALUE |
|
|
|
|
|
At31December 2023 |
|
2,583,318 |
7,149 |
2,590,467 |
|
At31December 2022 |
|
2,637,419 |
5,828 |
2,643,247 |
| 14. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
|
Trade debtors |
3,864 |
13,322 |
|
Other debtors |
4,017 |
9,639 |
|
Prepayments and accrued income |
5,366 |
7,872 |
|
|
13,247 |
30,833 |
| 15. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
|
Bank loans and overdrafts (see note 17) |
4,622 |
6,894 |
|
Other loans (see note 17) |
48,812 |
42,929 |
|
Trade creditors |
3,725 |
3,704 |
|
Other creditors |
255 |
150 |
|
Accruals and deferred income |
4,233 |
4,010 |
|
|
61,647 |
57,687 |
|
Included within other creditorsis£nil (2022: £100) of funds heldasagent. |
|
|
| 16. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
|
Other loans (see note 17) |
1 ,071,536 |
1,120,570 |
| 17. |
LOANS |
|
|
|
Ananalysis of the maturity of loansisgiven below: |
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
|
Amounts falling due within one yearondemand: |
|
|
|
Bank overdrafts |
4,622 |
6,894 |
|
Baptist Union Corporation Loan within 1 year |
38,812 |
32,929 |
|
Concessionary loans |
10,000 |
10,000 |
|
|
53,434 |
49,823 |
|
Amounts falling between one and two years: |
|
|
|
Baptist Union Corporation loan 1-2 years |
42,155 |
34,946 |
|
Concessionary loans 1-2 years |
10,000 |
10,000 |
|
|
52,155 |
44,946 |
|
Amounts falling due between two and five years: |
|
|
|
Baptist Union Corporation loan 2-5 years |
147,701 |
165,482 |
|
Concessionary loans 2-5 years |
30,000 |
30,000 |
|
|
177,701 |
195,482 |
| LOANS - continued |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Amounts falling dueinmore than five years: |
|
|
| Repayable by instalments: |
|
|
| Baptist Union Corporationloan over 5 years |
781,680 |
810,142 |
| Concessionary loans over 5 years |
60,000 |
70,000 |
|
841,680 |
880,142 |
| MOVEMENTINFUNDS |
|
|
|
|
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At 1/1/23 |
in funds |
funds |
31/12/23 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
17,068 |
91,807 |
(105,250) |
3,625 |
| Reserves (Virgin a/c) |
59,542 |
|
(10,000) |
49,542 |
| Good Companions Lunch Club |
932 |
2,087 |
(100) |
2,919 |
| Member Loans Fund |
|
|
15,000 |
15,000 |
|
77,542 |
93,894 |
(100,350) |
71,086 |
| Restricted funds |
|
|
|
|
| BMAC (Dedicated) |
10,209 |
(4,815) |
(4,750) |
644 |
| BMAC (Natwest) |
1,155 |
(280) |
|
875 |
| TMX (Cash) |
|
128 |
|
128 |
| Building Fund |
165 |
(165) |
|
|
| Gifts (Natwest) |
1,271 |
(922) |
|
349 |
| Bibles Fund (Natwest) |
185 |
550 |
|
735 |
| Youth Weekend Away (Natwest) |
400 |
|
|
400 |
| Dishwasher |
433 |
(216) |
|
217 |
| Childrens Ministry |
991 |
|
|
991 |
| Church Warming Party |
754 |
|
|
754 |
| NBC Youth cafe |
49 |
|
|
49 |
| NBC Youth grant |
645 |
(469) |
|
176 |
| Chairs |
109 |
|
|
109 |
| Kintsugi Hope |
729 |
(210) |
|
519 |
| Community Pastor & Events |
2,163 |
4,625 |
|
6,788 |
| Table Tennis Club |
173 |
|
|
173 |
| Youth Socials and Residentials |
|
108 |
|
108 |
| Church Equipment |
7,865 |
(3,750) |
|
4,115 |
| Kintsugi Youth |
47 |
|
|
47 |
| WNC Children's Ministry Grant |
3,750 |
(3,685) |
|
65 |
| Women's Conference |
309 |
472 |
|
781 |
| Cafe Development |
|
11,250 |
|
11,250 |
| MinisterinTraining fund |
|
{385) |
403 |
18 |
|
31 ,402 |
2,236 |
(4 ,347) |
29,291 |
| Endowment funds |
|
|
|
|
| Church Centre (previously Church |
|
|
|
|
| Premises) |
1,473,920 |
(115,648) |
104,697 |
1,462,969 |
| TOTAL FUNDS |
1,582,864 |
{19,518) |
|
1,563,346 |
|
Incoming |
Resources |
Movement |
|
resources |
expended |
infunds |
|
£ |
£ |
£ |
| Unrestrictedfunds |
|
|
|
| General fund |
339,479 |
(247,672) |
91,807 |
| Good Companions Lunch Club |
2,087 |
|
2,087 |
|
341,566 |
(247,672) |
93,894 |
| Restricted funds |
|
|
|
| BMAC (Dedicated) |
|
(4,815) |
(4,815) |
| BMAC (Natwest) |
|
(280) |
(280) |
| TMX (Cash) |
439 |
(311) |
128 |
| Building Fund |
(165) |
|
(165) |
| Gifts (Natwest) |
1,018 |
(1,940) |
(922) |
| Bibles Fund (Natwest) |
550 |
|
550 |
| Dishwasher |
|
(216) |
(216) |
| Childrens Ministry |
3,443 |
(3,443) |
|
| NBC Youth grant |
|
(469) |
(469) |
| Kintsugi Hope |
|
(210) |
(210) |
| Community Pastor & Events |
8,681 |
(4,056) |
4,625 |
| Youth Socials and Residentials |
923 |
(815) |
108 |
| Church Equipment |
|
(3,750) |
(3,750) |
| WNC Children's Ministry Grant |
1,251 |
(4,936) |
(3,685) |
| Women's Conference |
1,412 |
(940) |
472 |
| Cafe Development |
11,250 |
|
11,250 |
| MinisterinTraining fund |
2,377 |
{2,762) |
{385) |
|
31,179 |
(28,943) |
2,236 |
| Endowment funds |
|
|
|
| Church Centre (previously Church |
|
|
|
| Premises) |
12,777 |
(128,425) |
(115,648) |
| TOTAL FUNDS |
385,522 |
{405,040) |
{19,518) |
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At 1/1/22 |
in funds |
funds |
31/12/22 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
(2,227) |
135,809 |
(116,514) |
17,068 |
| Reserves (Virgin a/c) |
38,846 |
107 |
20,589 |
59,542 |
| Good CompanionsLunch Club |
|
932 |
|
932 |
|
36,619 |
136,848 |
(95,925) |
77,542 |
| Restricted funds |
|
|
|
|
| BMAC (Dedicated) |
7,513 |
2,696 |
|
10,209 |
| BMAC (Natwest) |
1,155 |
|
|
1,155 |
| TMX (Cash) |
|
(132) |
132 |
|
| Building Fund |
772 |
(607) |
|
165 |
| Gifts (Natwest) |
|
1,271 |
|
1,271 |
| Bibles Fund (Natwest) |
185 |
|
|
185 |
| Youth Weekend Away (Natwest) |
400 |
|
|
400 |
| Dishwasher |
649 |
(216) |
|
433 |
| Childrens Ministry |
607 |
384 |
|
991 |
| Church Warming Party |
754 |
|
|
754 |
| NBC Youth cafe |
132 |
(83) |
|
49 |
| NBC Youth grant |
|
645 |
|
645 |
| Chairs |
109 |
|
|
109 |
| Kintsugi Hope |
717 |
59 |
|
776 |
| Community Pastor & Events |
640 |
1,523 |
|
2,163 |
| Table Tennis Club |
|
214 |
(41) |
173 |
| Youth SocialsandResidentials |
30 |
(66) |
36 |
|
| Church Equipment |
8,563 |
(698) |
|
7,865 |
| WNC Children's Ministry Grant |
|
3,750 |
|
3,750 |
| Women's Conference |
|
309 |
|
309 |
|
22,226 |
9,049 |
127 |
31,402 |
| Endowment funds |
|
|
|
|
| Church Centre (previously Church |
|
|
|
|
| Premises) |
1,472,238 |
(94,116) |
95,798 |
1,473,920 |
| TOTAL FUNDS |
1,531,083 |
51,781 |
|
1,582,864 |
|
Incoming |
Resources |
Movement |
|
resources |
expended |
infunds |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
336,264 |
(200,455) |
135,809 |
| Reserves (Virgin a/c) |
107 |
|
107 |
| Good Companions Lunch Club |
966 |
(34) |
932 |
| Bike Event fund |
1,185 |
(1,185) |
|
|
338,522 |
(201,674) |
136,848 |
| Restricted funds |
|
|
|
| BMAC (Dedicated) |
4,848 |
(2,152) |
2,696 |
| TMX (Cash) |
283 |
(415) |
(132) |
| Building Fund |
9,545 |
(10,152) |
(607) |
| Gifts (Natwest) |
2,076 |
(805) |
1,271 |
| Bibles Fund (Natwest) |
1,034 |
(1,034) |
|
| Dishwasher |
|
(216) |
(216) |
| Childrens Ministry |
749 |
(365) |
384 |
| NBC Youth cafe |
1 |
(84) |
(83) |
| NBC Youth grant |
750 |
(105) |
645 |
| Kintsugi Hope |
718 |
(659) |
59 |
| Community Pastor & Events |
18,297 |
(16,774) |
1,523 |
| Table Tennis Club |
214 |
|
214 |
| Youth Socials and Residentials |
463 |
(529) |
(66) |
| Church Equipment |
2,800 |
(3,498) |
(698) |
| WNC Children's Ministry Grant |
3,750 |
|
3,750 |
| Women's Conference |
318 |
(9) |
309 |
|
45,846 |
(36,797) |
9,049 |
| Endowment funds |
|
|
|
| Church Centre (previously Church |
|
|
|
| Premises) |
|
(94,116) |
(94,116) |
| TOTAL FUNDS |
384,368 |
(332,587) |
51 ,781 |
|
2023 |
2022 |
|
£ |
£ |
| INCOME AND ENDOWMENTS |
|
|
| Donations and legacies |
|
|
| Gifts |
22,058 |
51 ,566 |
| Donations |
202,181 |
203,671 |
| Gift aid |
38 ,644 |
52,459 |
| Legacies |
|
1,000 |
| Other income |
5,650 |
3,871 |
|
268,533 |
312,567 |
| Othertrading activities |
|
|
| Room hire and other trading income |
57,849 |
49,348 |
| Investment income |
|
|
| Deposit account interest |
49 |
109 |
| Charitable activities |
|
|
| Grants |
59,091 |
17,495 |
| BMAC |
|
4,849 |
|
59,091 |
22,344 |
| Total incoming resources |
385,522 |
384,368 |
| EXPENDITURE |
|
|
| Charitable activities |
|
|
| Wages |
83,933 |
79,467 |
| Social security |
3,399 |
3,913 |
| Pensions |
11,855 |
312 |
| Staff expenses |
1,308 |
320 |
| Manse costs |
23,071 |
15,447 |
| Church costs |
32,819 |
26,817 |
| Building Project |
|
504 |
| Fellowship |
25,546 |
21 ,106 |
| BMAC |
4,815 |
2,152 |
| Grants to institutions |
23,454 |
22,261 |
|
210,200 |
172,299 |
| Other |
|
|
| Depreciationoftangible fixed assets |
55,180 |
54,940 |
| Support costs |
|
|
| Management |
|
|
| Wages |
42,260 |
39,765 |
| Fire and security |
5,046 |
|
| Carried forward |
47,306 |
39,765 |
|
2023 |
2022 |
|
£ |
£ |
| Management |
|
|
| Brought forward |
47,306 |
39,765 |
| Telephone |
5,601 |
4,026 |
| Photocopier |
1,106 |
4,880 |
| Administration |
3,953 |
5,147 |
| Bad debts |
1,371 |
|
|
59,337 |
53,818 |
| Finance |
|
|
| Bank charges |
1,563 |
510 |
| Loan interest |
|
|
| Loan |
74,323 |
47,330 |
| Governance costs |
|
|
| Independent examination fee |
1,200 |
1,056 |
| Accountancy fees payable to Independent |
|
|
| Examiner |
3!237 |
2,634 |
|
4,437 |
3,690 |
| Total resources expended |
405,040 |
332,587 |
| Net (expenditure)/income |
{19,518) |
51,781 |