OpenCharities

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2022-05-31-accounts

Page
Trustees'
annuai
report (incorporating
the director's report)
Independent
examiner's
report to the
trustees
Statement
offinancial
activnles (including income and
expenditure
account)
Statement
offinancial
position
Notes to the financial statements

Registered charity name name The Well Church London The Well Church London The Well Church London The Well Church London
Charity registration number 1136403
Company registration number 7253471
Principal office and registered 36A Penton Street
office N1 9QA
London
The tnistees Cliye Sharps (Leaderehip)
Sarah-Jane Elizabeth Pope
Colin Wilkinson
Independent examiner Robinsons Consulting Limited
Chartered Accountants
5 Underwood Street
London
N1 7LY

Year ende d 31 May 2022 2022
2022 2021
Unrestricted
funds Total funds Total funds
Note
Income and endowments
Oonations
and legacies
5 68,544 68,544 71,552
Other trading
activities
6 206 206
Investment
income
7 10 10 47
Total income 68,760 68,760 71,599
Expenditure
Expenditure
on charitable
activities 8,9 77,415 77,415 41,306
Total expenditure 77,415 77,415 41,306
Net (expenditure)/Income snd net movement in funds (8,655) (8,655) 30,293
Fteconcttiation
offunds
Total funds brought forward 119,267 119,267 88,974
Total funds carried forward 110,612 110,612 I19,267

31 May 2022
2022 2021
Note 2
Fixed assets
Tangible fixed assets 15 2,560 2,064
Current assets
Debtors 16 27,057 56,626
Cash at bank and in hand 81,715 61,297
108,772 117,923
Creditors: amounts falling due within one year 17 720 720
Net current assets 108,052 117,203
Total assets less current liabilities 110,612 119,267
Net assets 110,612 119,267
Funds ofthe charity
Unrestricted funds 110,612 119,267
Total charity funds 18 110,612 119,267

Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
F
Miscellaneous Income 206 206
7. Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
2
Bank interest receivable 10 10 47 47
8, Expenditure on charitable activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
Direct charitable activities 51,840 51,840 29,333 29,333
Support costs 25,575 25,575 11,973 11,973
77,415 77,415 41,306 41,306
9. Expenditure on charitable activities by activity type
Activities
undertaken Support Total funds Total fund
directly cosis 2022 2021
Direct charitable activities 51,840 51,840 29,333
Governance costs 25,575 25,575 11,973
51,840 25,575 77,415 41,306
10. Analysis of 'support c osts
Total 2022 Total 2021
Governance costs 720 733
11. Net {expenditure)fincome
Net (expenditure)/income is stated after charging/(crediting):
2022 2021
Depreciation of tangible fixed assets 853 688

2022 2021
2 F
Fees payable to the independent examiner for:
Independent examination ofthe financial statements 720 720

15. Tangible fixed assets
User defined
asset To'taf
8
Cost
At 1 June 2021 5,826 5,826
Additions 1.349 1,349
At 31 llllay 2022 7,175 7,175
Depreciation
At 1 June 2021 3,762 3,762
Charge for the year 853' 853
At 31 May 2022 4,615 4,615
Carrying amount
At 31 May 2022 2,560
At 31 May 2021 2,064 2,064
16. Debtors
2022 2021
2 2
Prepayments
and accrued income
2,057 1,626
Other debtors 25,000 55,000
27,057 56,626

Year en Year en ded 31 May 2022
17. creditor s: afhotinta falllrlg due wlthlrl one year
2022 2021
2 2
Accruals snd deferred income 720 720
18. Analysis of charitabte funds
Unrestricted funds
At At
1 June 2021 Income Expenditure 31 May 2022
2 2
General funds 119,267 68,760 (77,415) 110,612
At At
I June 2020 Income Expenditure 31 May 2021
2 2 2 2
Generalfunds 08,974 71,599 (41,306) 119,267
19. Analysis ofnet assets between funds
Unrestdcled Total Funds
Funds 2022
Tangible fixed assets 2„560 2,560
Current assets 108,772 108,772
Creditors less than 1year (720) (720)
Net assets 110,612 110,612
Unrestricted Total Funds
Funds 2021
5
Tangible fixed assets 2,064 2,064
Current assets 117,923 117,923
Creditors less than 1 year (720) (720)
Net assets 119,267 119,267