| Report ofthe Trustees | 1 | to | 3 |
|---|---|---|---|
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Statement ofFinancial Position | 6 | to | 7 |
| Statement ofCash Flows | |||
| Notes to the Statement ofCash Flows | |||
| Notes to the Financial Statements | 10 | to | 19 |
| Detailed Statement ofFinancial Activities | 20 | to | 21 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | f. | |||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 622,930 | 7,731 | 630,661 | 571,137 | |
| Other trading activities | 3 | 6,996 | 6,996 | 2,554 | ||
| Other income | 20,486 | |||||
| Total | ~629 926 | 7,731 | 637,657 | ~594 177 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Direct charitable expenditure |
||||||
| 636,991 | 4,277 | 641,268 | 647,258 | |||
| NET INCOME/(EXPENDITURE) | (7,065) | 3,454 | (3,611) | (53,081) | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward |
108,810 | 18,974 | 127,784 | 180,865 | ||
| TOTAL FUNDS CARRIED FORWARD | 101745 | 22 428 | 124,173 | 127784 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Intangible assets Tangible assets |
12 13 |
3,111 53,818 |
3,111 53 818 |
4,667 52 898 |
|
| 56,929 | 56,929 | 57,565 | |||
| CURRENT ASSETS | |||||
| Stocks | 14 | 956 | 956 | ||
| Debtors Cash at bank |
15 | 12,042 79,716 |
25 22 403 |
12,067 102,119 |
1,638 121,341 |
| 92,714 | 22,428 | 115,142 | 122979 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
16 | (18,731) | (18,731) | (13,593) | |
| NET CURRENT ASSETS | 73 983 | 22 428 | 96,411 | 109,386 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 130,912 | 22,428 | 153,340 | 166,951 | |
| CREDITORS | |||||
| Amounts falling due afier more than one year |
17 | (29,167) | (29,167) | (39,167) | |
| NET ASSETS | 101,745 | 22 428 | 124,173 | 127,784 | |
| FUNDS | 19 | ||||
| Unrestricted funds Restricted funds |
101,745 22 428 |
108,810 ~18974 |
|||
| TOTAL FUNDS | 124 173 | 127784 |
| fo | r the Year Ended 3 | 1December 2022 | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Notes | ||||||
| Cash flows from operating | activities | |||||
| Cash generated I'rom operations Interest paid |
12,656 ~648 |
(25,036) ~54 |
||||
| Net cash provided by/(used |
in) operating | acdvities | 12008 | ~25 090) | ||
| Cash flows from investing | activities | |||||
| Purchase ofintangible fixed assets Purchase oftangible fixed assets |
~21,230 | (6,000) ~15,574 |
||||
| Net cash used in investing | activities | ~21 230) | ~21,574) | |||
| Cash flows from financing | activities | |||||
| Loan repayments in year |
10,000 | 833 | ||||
| Net cash used in financing | activities | ~10000) | ~833) | |||
| Change in cash and cash equivalents | in | |||||
| the reporting period | (19,222) | (47,497) | ||||
| Cash and cash equivalents | at the | |||||
| beginning ofthe reporting |
period | 121,341 | 168,838 | |||
| Cash and cash equivalents | at the end | of | ||||
| the reporting period | 102,119 | 121341 |
| 2022 | 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| g | ||||||||||
| Net expenditure | for the reporting | period (asper the Statement of | ||||||||
| Financial Activities) | (3,611) | (53,081) | ||||||||
| Adjustments | for: | |||||||||
| Depreciation | charges | 21,866 | 24,170 | |||||||
| Interest paid | 648 | 54 | ||||||||
| Increase in stocks | (956) | |||||||||
| (Increase)/decrease | in debtors | (10,429) | 2,243 | |||||||
| Increase in creditors | 5,138 | 1,578 | ||||||||
| Net cash provided | by/(used | in) operations | ~12656 | ~25,036) | ||||||
| 2. | ANALYSIS | OF CHANGES | IN NET FUNDS | |||||||
| At | 1.1.22 | Cash flow | At31.12.22 | |||||||
| g | f. | |||||||||
| Net cash | ||||||||||
| Cash at bank | and | in | hand | 121,341 | ~19,222 | 102 119 | ||||
| 121,341 | ~19,222 | 102 119 | ||||||||
| Debt | ||||||||||
| Debts falling | due | within | 1 year | (10,000) | (10,000) | |||||
| Debts falling | due | after 1 | year | ~39,167 | 10,000 | ~29 167 | ||||
| 49,167 | 10,000 | 39 167 | ||||||||
| Total | 72 174 | 9,222 | 62,952 |
| scheme are char | ged to the Statement ofFinancial Activities in the per | iod to which they relate. | |
|---|---|---|---|
| DONATIONS | AND LEGACIES | ||
| 2022 | 2021 | ||
| Donations | 556,490 | 463,377 | |
| Gift aid | 74,171 | 65,303 | |
| Grants | 42,457 | ||
| 630,661 | 571,137 | ||
| Grants received, | included in the above, are as follows: | ||
| 2022 | 2021 | ||
| Job Retention Scheme | 39,589 | ||
| DWP re funiture | 2,868 | ||
| 42,457 |
| Notes to the Financial Statements | -continued | |||||||
|---|---|---|---|---|---|---|---|---|
| for the Year Ended 31December 2022 | ||||||||
| OTHER TRADING | ACTIVITIES | |||||||
| 2022 | 2021 | |||||||
| Rental income | 2,060 | 1,200 | ||||||
| Event income | ~4936 | 1,354 | ||||||
| 6996 | 2,554 | |||||||
| 4. | CHARITABLE | ACTIVITIES COSTS | ||||||
| Direct | Support | |||||||
| Costs (see | costs (see | |||||||
| note 5) | note 6) | Totals | ||||||
| Direct charitable | expenditure | |||||||
| 637,108 | 4,160 | ~641 268 | ||||||
| 5. | DIRECT COSTS | OF CHARITABLE ACTIVITIES | ||||||
| 2022 | 2021 | |||||||
| Staffcosts | 313,945 | 306,860 | ||||||
| Rent and insurance | 141,637 | 151,036 | ||||||
| Light and heat | 15,826 | 13,133 | ||||||
| Miscellaneous | 10,032 | 12,188 | ||||||
| Resources and literature | 10,433 | 6,120 | ||||||
| Youth work expenses | 8 | |||||||
| Pastoral team expenses | 103 | |||||||
| Hospitality and catering |
10,500 | 7,057 | ||||||
| Gills etc - missions | 22,603 | 34,474 | ||||||
| Gifts - other | 1,874 | 1,534 | ||||||
| Tranllllg | 1,170 | 1,535 | ||||||
| Motor, travel and | subsistence | 828 | 1,170 | |||||
| Property renovation, | repairs | and renewals | 1,506 | 1,033 | ||||
| Equipment purchases, |
repairs | and renewals | 6,605 | 15,058 | ||||
| Computer and internet |
costs | 11,081 | 17,848 | |||||
| Printing, stationery |
and advertising | 12,926 | 9,031 | |||||
| Telephone andpostage |
4,902 | 5,814 | ||||||
| Bank charges | 1,735 | 746 | ||||||
| Church trips and events | 14,805 | 5,457 | ||||||
| Broadcast charges | 21,650 | 25,161 | ||||||
| Safeguarding | 464 | 1,485 | ||||||
| Team development | 986 | 398 | ||||||
| Special projects | 8,780 | 2,260 | ||||||
| Podcast | 954 | |||||||
| Depreciation | 21 866 | 24,170 | ||||||
| ~637 108 | 643,679 |
| 6. | SUPPORT COSTS | |||
|---|---|---|---|---|
| Governance | ||||
| costs | ||||
| Direct charitable expenditure |
||||
| 4 160 | ||||
| 7. | NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) is stated |
atter charging/(crediting): | |||
| 2022 | 2021 | |||
| Depreciation —owned assets |
20,310 | 22,837 | ||
| Computer software amortisation |
1,556 | 1,333 | ||
| 8. | AUDITORS' REMUNERATION | |||
| 2022 | 2021 | |||
| Independent examiners fees |
2,016 | ~1440 | ||
| 9. | TRUSTEES' REMUNERATION | AND BENEFITS |
| STAFF COSTS | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Wages and salaries | 286,535 | 281,773 | ||
| Social security costs | 21,371 | 19,409 | ||
| Other pension costs | 6,039 | 5,678 | ||
| 313945 | 306,860 | |||
| The average monthly | number ofemployees | during the year was as follows: | ||
| 2022 | 2021 | |||
| Administration | 13 | 15 |
| Notes to the Financial Statements -continued for the Year Ended 31December 2022 |
Notes to the Financial Statements -continued for the Year Ended 31December 2022 |
Notes to the Financial Statements -continued for the Year Ended 31December 2022 |
|||
|---|---|---|---|---|---|
| 11. | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| 6 | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
553,782 | 17,355 | 571,137 | ||
| Other trading activities | 2,554 | 2,554 | |||
| Other income | 20,486 | 20,486 | |||
| Total | 576,822 | 17355 | 594,177 | ||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Direct charitable expenditure |
|||||
| 641,698 | 5560 | 647,258 | |||
| NET INCOME/(EXPENDITURE) | (64,876) | 11,795 | (53,081) | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward |
173,686 | 7,179 | 180,865 | ||
| TOTAL FUNDS CARRIED FORWARD | 108810 | 18,974 | 127784 | ||
| 12. | INTANGIBLE FIXEDASSETS | ||||
| Computer | |||||
| software | |||||
| COST | |||||
| At 1 January 2022 and | 31December 2022 | 6000 | |||
| AMORTISATION | |||||
| At 1 January 2022 | 1,333 | ||||
| Charge for year | 1,556 | ||||
| At 31December 2022 | 2,889 | ||||
| NET BOOKVALUE | |||||
| At 31December 2022 | 3,111 | ||||
| At 31December 2021 | 4,667 |
for the Year Ended 31December |
for the Year Ended 31December |
2022 |
|||
|---|---|---|---|---|---|
| 13. | TANGIBLE FIXEDASSETS | ||||
| Fixtures | Sound and | ||||
| Plant and | slid | video | |||
| machinery | fittings | equipment | Totals | ||
| COST | |||||
| At 1 January 2022 | 4,726 | 15,793 | 126,317 | 146,836 | |
| Additions | 8589 | 12,641 | 21 230 | ||
| At 31December 2022 | 4 726 | 24,382 | 138,958 | 168066 | |
| DEPRECIATION | |||||
| At 1 January 2022 Charge for year |
3,200 382 |
7,285 2,713 |
83,453 17215 |
93,938 20,310 |
|
| At 31December 2022 | 3,582 | 9,998 | 100668 | 114,248 | |
| NET BOOK VALUE | |||||
| At 31December 2022 | 1 144 | 14,384 | 38,290 | 53,818 | |
| At 31December 2021 | 1 526 | 8,508 | 42,864 | 52 898 | |
| 14. | STOCKS | ||||
| 2022 | 2021 | ||||
| Finished goods | 956 | g | |||
| 15. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | ||||
| Other debtors | 3,724 | ||||
| Prepayments and accrued |
income | 8,343 | 1,638 | ||
| 12,067 | ~1638 | ||||
| 16. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2022 | 2021 | ||||
| Bank loans and overdraiis (see note 18) Accruals aud deferred income |
10,000 8,731 |
10,000 ~3593 |
|||
| 18,731 | ~13593 |
| 17. | CREDITORS: AMOUNTS FALLING DUE AFTERM | ORE THAN ONE | YEAR | |
|---|---|---|---|---|
| 2022 | 2021 | |||
| Bank loans (see note 18) | 29,167 | 39,167 | ||
| 18. | LOANS | |||
| An analysis ofthe maturity ofloans is given below: | ||||
| 2022 | 2021 | |||
| 8 | ||||
| Amounts falling due within one year on demand: |
||||
| Bank loans | 10,000 | 10,000 | ||
| Amounts falling between one and two years: |
||||
| Bank loans - 1-2years | 10,000 | 30,000 | ||
| Amounts falling due between two and five years: |
||||
| Bank loans - 2-5 years | ~19 167 | 9,167 | ||
| 19. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.1.22 | in funds | 31.12.22 | ||
| E | ||||
| Unrestricted funds |
||||
| General Fund | 105,483 | (4,052) | 101,431 | |
| Youth Work Fund | 3,327 | (3,100) | 227 | |
| Events Fund | 87 | 87 | ||
| Restricted funds | 108,810 | (7,065) | 101,745 | |
| Building Fund | 15,515 | 5,955 | 21,470 | |
| Missions Fund | 2,501 | (2,501) | ||
| Trips Fund | 958 | 958 | ||
| 18,974 | 3,454 | 22,428 | ||
| TOTAL FUNDS | 127,784 | ~3,611) | 124,173 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||
| 6 | ||||||
| Unrestricted | funds | |||||
| General Fund Youth Work Events Fund |
Fund | 624,991 2,797 2,138 |
(629,043) (5,897) ~2,051 |
(4,052) (3,100) 87 |
||
| Restricted funds | 629,926 | (636,991) | (7,065) | |||
| Building Fund Missions Fund |
7,461 270 |
(1,506) ~2771 |
5,955 ~2501) |
|||
| 7,731 | 4,277 | 3454 | ||||
| TOTAL FUNDS | 637,657 | 641,268 | ~3,611 | |||
| Comparatives | for movement | in funds | ||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.1.21 | in funds | funds | 31.12.21 | |||
| f. | f. | |||||
| Unrestricted | funds | |||||
| General Fund | 170,264 | (64,631) | (150) | 105,483 | ||
| Youth Work Fund Events Fund |
3,422 | (95) ~150) |
150 | 3,327 | ||
| 173,686 | (64,876) | 108,810 | ||||
| Restricted funds | ||||||
| Building Fund | 3,540 | 11,975 | 15,515 | |||
| Missions Fund | 2,681 | (180) | 2,501 | |||
| Trips Fund | 958 | 958 | ||||
| 7 179 | 11,795 | 18974 | ||||
| TOTAL FUNDS | 180,865 | ~53,081) | 127,784 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General Fund Youth Work Fund Events Fund |
575,497 759 566 |
(640,128) (854) ~716) |
(64,631) (95) ~150) |
| Restricted funds | 576,822 | (641,698) | (64,876) |
| Building Fund Missions Fund |
12,828 4,527 |
(853) ~4,707 |
11,975 ~180 |
| 17355 | 5,560 | 11795 | |
| TOTAL FUNDS | 594 177 | ~647,258) | ~53081 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.1.21 | in funds | funds | 31.12.22 | ||
| 8 | |||||
| Unrestricted | funds | ||||
| General Fund Youth Work Fund Events Fund |
170,264 3,422 |
(68,683) (3,195) ~63 |
(150) 150 |
101,431 227 87 |
|
| Restricted funds | 173,686 | (71,941) | 101,745 | ||
| Building Fund Missions Fund |
3,540 2,681 |
17,930 (2,681) |
21,470 | ||
| Trips Fund | 958 | 958 | |||
| 7,179 | ~15249 | 22 428 | |||
| TOTAL FUNDS | 180,865 | ~56692) | 124 173 |
| incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General Fund Youth Work Fund Events Fund |
1,200,488 3,556 2,704 |
(1,269,171) (6,751) ~2,767) |
(68,683) (3,195) ~63 |
| Restricted funds | 1,206,748 | (1,278,689) | (71,941) |
| Building Fund Missions Fund |
20,289 4,797 |
(2,359) ~7478) |
17,930 ~2,681 |
| 25,086 | 15249 | ||
| TOTAL FUNDS | 1231,834 | (1~288,526 | ~56692) |
| Building Fund | |||
| The purpose ofthis fund is for the maintenance | and upkeep ofthe building. |
| for the Year Ended 31D | ecember 2022 | |
|---|---|---|
| 2022 | 2021 | |
| 8 | ||
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
||
| Donations Gift aid |
556,490 74,171 |
463,377 65,303 |
| Grants | 42,457 | |
| 630,661 | 571,137 | |
| Other trading activities |
||
| Rental income Event income |
2,060 4,936 |
1,200 1,354 |
| 6,996 | 2,554 | |
| Other income | ||
| Refunded bank charges Interest on bank charge refund |
14,482 6,004 |
|
| 20,486 | ||
| Total incoming resources | 637,657 | 594,177 |
| EXPENDITURE | ||
| Charitable activities |
||
| Wages Social security Pensions Rent and insurance |
286,535 21,371 6,039 141,637 |
281,773 19,409 5,678 151,036 |
| Light and heat Miscellaneous |
15,826 10,032 |
13,133 12,188 |
| Resources and literature Youth work expenses |
10,433 | 6,120 8 |
| Pastoral team expenses | 103 | |
| Hospitality and catering GiAs etc - missions Gifts - other Tralnmg Motor, travel and subsistence |
10,500 22,603 1,874 1,170 828 |
7,057 34,474 1,534 1,535 1,170 |
| Property renovation, repairs and renewals |
1,506 | 1,033 |
| Equipment purchases, repairs and renewals |
6,605 | 15,058 |
| Computer and internet costs |
11,081 | 17,848 |
| Printing, stationery and adverlising Telephone andpostage Bank charges Church trips and events Broadcast charges Carried forward |
12,926 4,902 1,735 14,805 21,650 604,058 |
9,031 5,814 746 5,457 25,161 615,366 |
| Detailed Statement ofFi for the Year Ended 31 |
nancial Activities December 2022 |
||
|---|---|---|---|
| 2022 | 2021 | ||
| Charitable activities |
|||
| Brought forward Safeguarding Team development |
604,058 464 986 |
615,366 1,485 398 |
|
| Special projects Podcast |
8,780 954 |
2,260 | |
| Computer software Plant and machinery Fixtures and fittings Dep'n ofsound and video equip ment |
1,556 381 2,713 17,216 |
1,333 508 2,262 ~20 067 |
|
| 637,108 | 643,679 | ||
| Support costs | |||
| Governance costs |
|||
| Independent examiners Legal and professional Bank loan interest |
fees fees |
2,016 1,496 648 |
1,440 2,085 54 |
| 4 160 | 3,579 | ||
| Total resources expended | 641268 | 647258 | |
| Net expenditure | ~3,611 | ~53081) |