| Sinai liar Thoma Church | Sinai liar Thoma Church | North London | North London | ||||
|---|---|---|---|---|---|---|---|
| Statement OfFinancial Activities for | the | year ended | 31stIlarch | 2022 | |||
| Fi inK |
6 | ||||||
| Total Funds | Total Funds | ||||||
| Notes | Unrestricted | Restricted | 31stMarch | 31stMarch | |||
| Funds | Funds | 2022 | 2021 | ||||
| Income | |||||||
| Subscription Offertory Harvest festival Christmas donation Tax Refund- GiftAid Other Receipts Donation for Parsonage and Church development Pro5t on sale ofmotor vehicle |
44,014 12,972 250 2,284 37,525 7,490 0 0 |
4,496 2,154 |
44,014 12,972 250 2,284 37,525 11,986 2,154 |
39,203 3,649 350 1,200 0 5,338 8,935 2,200 |
|||
| Total Income | 104,535 | 6,650 | 111,185 | 60,875 | |||
| TotalFunds | TotalFunds | ||||||
| Expenditure SsffCost Parsonage Expenses Vehide Expenses Vicar's Transhr Cost Rerrt Diocesan Contribution Visiting Bishops 8 Clergy |
Notes | 15,677 2,117 0 9,000 7,350 2,200 200 Unrestricted Funds |
2,875 Restricted Funds |
15,677 2,117 0 9,000 7,350 5,075 200 31stMarch 2022 |
15,411 3,201 196 4,000 7,200 3,640 0 31stMarch 2021 |
||
| Insurance Prin8ng, Postage &Stationery |
960 827 |
960 827 |
1,183 154 |
||||
| Telephone &Internet Altar Expenses Online hosting cost Donations |
10 | 874 140 0 0 |
674 140 0 0 |
1,679 0 701 300 |
|||
| Church Activity Expenses Sundry Expenses |
11 12 |
1,839 202 |
1,839 202 |
1,069 0 |
|||
| Total Expenditure | 41,386 | 2,875 | 44,261 | 38,734 | |||
| Net Surplus for the Year | 63,149 | 3,775 | 66,924 | 22,141 | |||
| The attached notes 1-20foun part | ofthe accounts. |
| 8 | RENT | 2022f | 2021f | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Rent (All Saints Church-Harrow) Rent (St.Agrans Church- Norlhamplon) |
7,200 150 |
T,200 0 |
||||||||
| 7,350 | 7400 | |||||||||
| 9 | Diocesan Contribugons | 2022 | 2021f | |||||||
| Zonal contribuBons Diocesan contributions Covid Appeal" "Restricted Funds |
1,850 2,200 f025 5,075 |
2,250 1,390 0 3,640 |
||||||||
| 10 | Dona5ons | 2021f | ||||||||
| All Saints Church- Rev Peter Ward Farewell giR | 300 | |||||||||
| 300 | ||||||||||
| 2022f | 2021f | |||||||||
| 11 | CHURCH ACTIVTIY EXPENSES | |||||||||
| Sunday Schrxri Booksetc | 478 | 410 | ||||||||
| Church AcBvily Expenses | 0 | 123 | ||||||||
| Special Occasion Catering- | Chrisbnas | service | 810 | 0 | ||||||
| VISA Sponsorship Bcencefee |
501 | 538 | ||||||||
| Youth Sunday | 50 | 0 | ||||||||
| 1,839 | 1,069 | |||||||||
| 12 | SUNDRY EXPENSES | |||||||||
| First Commurion &Marriage - Bibhs |
Furniture | 178 | ||||||||
| Solhrare i/cence fee- PayrcB RTI | 24 | |||||||||
| 202 | ||||||||||
| 13 | RXEDASSETS | |||||||||
| Oflice | Motor | Freehold | ||||||||
| Equipment | f | 8Fitting f |
Vehic/ef | Property f |
Total f |
|||||
| Cost | ||||||||||
| At 01/4/2021 | 2,688 | 8,670 | 326,798 | 338,158 | ||||||
| Additions during the year |
0 | 0 | ||||||||
| At 31/03/2022 | 2,688 | 8,6TO | 326,?98 | 338,156 | ||||||
| Less: eprechrtion |
||||||||||
| At 01/4/2021 | 2,886 | 8,670 | 0 | 25,920 | 37,278 | |||||
| Charge forthe year | 0 | 0 | 0 | 0 | 0 | |||||
| 2,688 | 8,670 | 0 | 25,920 | 37,278 | ||||||
| Net BookValue | ||||||||||
| At 01/4/2021 | 0 | 0 | 0 | 300,878 | 300,878 | |||||
| At 31/03/2022 | 0 | 0 | 300,878 | 300JI78 | ||||||
| 14 | DEBTORS | 31st | Slarch 2022f | 31st | March 2021f | |||||
| Prepaymenls (Insurance) |
705 | 685 | ||||||||
| Zonal Payment due | 50 | 0 | ||||||||
| 755 | 685 | |||||||||
| 31st | Slarch 2022f | 31stMarch 2021f | ||||||||
| 15 | CREDITORS AND ACCRUALS | |||||||||
| Creditors (Sludents sponsorship | -2018-19/2019-2020) | 982 | 982 | |||||||
| Due to HMRC | 0 | 669 | ||||||||
| Accrurds | 0 | 3,640 | ||||||||
| 5291 | ||||||||||
| 31st | March 2022 | 31st | March 2021 | |||||||
| 16 | UNSECURED LOAN FOR | PARSONAGE PURCHASE | ||||||||
| Interest Free Loan- 1A.2021 | ||||||||||
| Repayable within ten Years |
from | Jan 2013Oec2023 | 10,000 | 10,000 | ||||||
| 10JNO | 10,000 | |||||||||
| Total Unsecured laan Before Repayment | A | 10000 | 10,000 | |||||||
| Less Repaid During the Year | ||||||||||
| Interest free Loan repayable | in ten years from Jan | 2013-Dec2023 | 10,000 | |||||||
| B | 10,000 | |||||||||
| Total Unsecured Loan Balance Atter |
Repayment | A48 | 0 | 10JNB |
| CASH FLOW STATEMENT FOR THE YEAR | Fig in E | ||||
|---|---|---|---|---|---|
| 31stMarch | 31stMarch | ||||
| 2022 | 2021 | ||||
| Net income | 66,924 | 22,141 | |||
| Assets addition | 0 | 0 | |||
| Depreciation charge |
0 | 0 | |||
| increase/(Decrease)in | debtors | -70 | 241 | ||
| Increase/{decrease) | in | creditors | falling due within one year | -4,309 | 3,631 |
| Unsecured loan repaid |
-10,000 | 0 | |||
| COMPE Centre Fund | 3,550 | 0 | |||
| Increase/decrease in |
provision | for Vicar's transfer cost fund | 9,000 | 4,000 | |
| Net cash flow in the | year | 6$,095 | 30,013 | ||
| Bank balances at31.03.2021 | 81,151 | 51,138 | |||
| Bank balances at31.03.2022 | 146,246 | 81,151 | |||
| Increase in bank balances | 65,095 | 30,013 |