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2023-03-31-accounts

ts
Reference and Administrative
Details
Trustees'
Report
Statement ofTrustees'
Responsibilities
Independent
Examiner's
Report
Statement ofFinancial Activities 12
Balance Sheet 13-14
Notes to the Financial Statements 15-26

31March 2023
Unrestricted Restricted Total
funds funds 2023
Note 6 6 E
Income and Endowments from:
Donations
and legacies		 661,844 661,844
Other income 1,385 1,385
Total Income 663,229 663,229
Expenditure
on:
Charitable
activities		 489,805 489,805
Total Expenditure 489,805 489,805
Net movement
in funds		 173,424 173,424
Reconciliation offunds
Total funds brought forward 1,252,812 1,25'2,812
Total funds carried forward 17 1,426,236 1,426,236
Unrestricted Restricted Total
funds funds 2022
Note E E E
Income and Endowments from:
Donations
and legacies		 690,738 690,738
Other income
Total income 690,738 690,738
Expenditure
on:
Charitable
activities		 339,418 339,418
Total Expenditure 339,418 339,418
Net movement
in funds		 351,320 351,320
Reconciliation offunds
Total funds brought forward 901,492 901,492
Transfers 18
Total funds carried forward 17 1,252,812 1,252,812

2023 2022
Note E 6
Fixed assets
Tangible assets 2,470,155 833,994
Current assets
Debtors 12
Cash at bank and in hand 387,615 659,293
387,615 659,293
Creditors: Amounts falling due within one year 161,496 - 50,894
Net current assets 226,119 608,399
Total assets less current liabilities 2,696,274 1,442,393
Creditors: Amounts falling due after more than one year 14 1,270,038 - 174,081
Provisions 15 15,500
Net assets 1,426,236 1,252,812
Funds ofthe charity:
Restricted funds
Unrestricted funds 1426 236 172527812
Totalfunds 17 1,426,236 1,252,812

Unrestricted Restricted Total Total
funds funds 2023 2022
E E E E
Donations and legacies;
Donations to major appeals 288,237 288,237 324,892
Donations from individuals 311,753 311,753 314,010
Grants 20,000 20,000
Gift aid reclaimed 41,854 41,854 51,836
661844 661,844 686,188
3 Other income
Unrestricted Restricted Total Total
funds funds 2023 2022
E E E E
Employer's NIC rebate
Vision Fund Tithe 1,385 1,385
1,385 1,385

Activity Grant Tote I Total
undertaken funding of 2023 2022
directly activity
6 6 6 6
Mission 19,779 39,847 59,626 38,493
Establishments costs 20,781 20,781 20,092
Insurance 2,470 2,470 3,262
Repairs and maintenance 2,932 2,932 3,954
Printing, postage and stationery 7,452 7,452 4,832
Telephone 1,942 1,942 1,961
Advertising 462 462 679
Equipment
repairs and		 renewals 3,941 3,941 6,084
Staff salaries and costs 197,631 197,631 191,661
Group activities 31,545 31,545 14,327
Training, conferences
and travel		 15,159 15,159 13,992
Cleaning 5,064 5,064 5,529
Bookkeeping software 449 449 396
Bank charges 525 525 402
Legal and professional fees 734 734 560
Loan interest 60,975 60,975 8,547
Depreciation 72,020 72,020 20,177
Sundries 2,495 2,495 1,034
Governance costs 2,756 2,756 2,986
Subscriptlons 846 846 450
39,847 489,805 339,418

Governance costs
Unrestricted Total Total
funds 2023 2022
6 6
Independent Examiner's remuneration 1,440 1,440 1,440
Taxation costs 120
Payroll costs 1,316 1,316 1,426
,756 2,756 2,986

Analysis ofgrants Analysis ofgrants
Name ofInstitution Activity 2023
f		 2022
f
Advance Movement Mission 19,232 19,446
Social Action Mission 12,950 12,802
Baptist Union Mission 1,000 1,014
New Day Mission 2,913
Other - Funded
by gifts		 Mission 1,100 81
Hardship
fund		 Mission 1,816
Other Grants Paid and Gifts Made Mission 20,615 5,150
39,626 33,493
7
Net incoming/outgoing		 resources
Net incoming resources for the year include:
2023 2022
f f
Depreciation offixed assets 72,020 20,177
Independent Examiner's Fee 1,440 1,440
73,469 21,617

The aggrega te payro0 costs were asfogows:
2023 2022
6 E
Staff costs dudng the year were:
Wages and salaries 189,402 195,280
Pension costs 20,107 23,061
Staff health insurance 3,622 3,620
Movement in pension contribution provision 15500 30,300
197,631 191,661
The monthly average number of persons (including senior management team) employed by the
charity during the year expressed as full time equivalents was as follows:
2023 2022
No No
Staff 6 6

11
Tangilde Sxedassets
Fixtures Cyde to Church
and work property and
Sttlngs bicydes lmproveme llls Total
6 6 6
Cost
At 1April 2022 62,473 1,988 970,018 1,034,479
Additions 82,037 1,625,365 1,707,402
At31March 2023 144,510 1,988 2,595,383 2,741,881
Depreciation
At 1April 2022 52,657 1,767 145,282 199,706
Charge forthe year 22,963 55 49,002 72,020
At31March 2023 75,620 1,822 194,284 271,726
Net book value
At31March 2023 68,890 166 2,401,099 2,470,155
At31March 2022 9,816 221 824,736 834,773

2023 2022
f f
Bankloans 88,650 6,050
Other taxation and social security 4,725 17,618
Other creditors 66,681 27,226
Accruals 1,440
161,496 50,894
Creditors due within one year includes the following liabilities,
on which security has been given by
the charity:
2023 2022
f f
Bankloans
There is a legal charge in respect ofthe property mortgage from National Westminster Bank Pic. The
mortgage issecured against the Ashley Road property,
A further loan was drawn down during the year ended 31 March 2023for 61,200,000. These funds we
paid to third party developers
for work carried out on the		 Alder Road building project.
14 Creditorsr amounts
falling due after one		 year
2023 2022
f f
Bankloans 1,270,038 174,081
Creditors amounts falling due after more than one year includes the following liabilities, on which
security has been given by the charity:
2023 2022
f f
Bank loan 1-2years 88,650 6,050
Bank loan 2-5 years 265,950 18,150
Bank loan &5years 915,438 149,881
1,270,038 174,081
There is a legal charge in respect ofthe property mortgage from National Westminster Bank Pic. The
mortgage is secured against the Ashley Road property.
Included in the creditors are the following amounts due after more than five years:
2023 2022
f f
After more than five years 915,438 149 881

2023 2022
f. E
Pension contributions provision 15,500

Balance at Balance at
1April Incoming Resources Transfers 31March
2022 resources expended 2023
f. E E E E
Unrestrkted funds
General
Unrestricted fund 1,252,812 663,229 -489,805 1,426,236
Restricted funds
Vision fund
Total funds 1,252,812 663,229 -489,805 1,426,236
Balance at Balance at
1April Incoming Resources 31March
2021 resources expended Transfers 2022
E E E E E
Unrestricted funds
General
Unrestricted fund 901,492 690,738 -339,418 1,252,812
Designated
Social action fund
Totalunrestricted funds 901,492 690,738 -339,418 1,252,812
Restricted funds
Vision fund
Total funds 901,492 690,738 -339,418 1,252,812