ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 SOUTH HILL CHURCH (HEMEL HEMPSTEAD) (A COMPANY LIMITED BY GUARANTEE) CHARITY REGISTRATION No: 1137502 COMPANY REGISTRATION No: 07273639 Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham P018 8NF SOUTH HILL CHURCH {HEMEL HEMPSTEAD) (A COMPANY LIMITED BY GUARANTEE) CONTENTS Page 3 Legal & Adminlstrative Infom)atlon Pages4to 11 Report of the Directors. Pa9e 12 Independent ExamIne￿$ Repc Pa9e 13 Statement of Finèntial Aetlvities Page 14 8alante Sheet Pages IS to 20 Notes to the Financlal Stslernents SOUTH HILL CHURCH (HEMEL HEMPSTEAD) {A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION CHARrrY NUMBER 1137502 COMPANY REGISTRATION NUMBER 07273639 DATE OF INCORPORATION 4th June 2010 START OF FINANCIAL YEAR 1st January 2022 END OF FINANCIAL YEAR 31st December 2022 DIRecTORS AT 31ST DECEMBER 2022 Kathryn McKerrell {Chalrl Robin Oakes Claire Nieell Richartl HutlsoA Gabriele Henderson John Sweetnam (Company Setretaryl SPIRITUAL LEADERS Brfan Boygls (pas￿rI Robin Oake5 GOVERNING DOCUMENT Memorandum and Artleles of Assoelatlon Dated 4th June 2010. To advance the Christian falth In Hemel Hernp5tead, Hertford5hire and other parts of the UK or the wortd a5 the trustees may see fit. To relieve sickness and financial hordshlp and to prornote good health by the provision of fvnds, goods or service5. To promote community facilities for educational. recreational and other leisure time occupation in the Interest of soclal welfare for persons who have need. OBJF.CT.% REGISTERED ADDRESS South Hill Centre Cemetery Hill Hemel Hempslead Hertfordshire HPI IJF BANKERS Santander UK PIC 2 Triton Square Regent's Park London NWI 3AN INDEPENDENT EXAMINER K Gomes Independent Examiners Ltd Unit 2 .The Broadbridge Business Centre Delling Lane. Bosham P018 8NF **SOUTH HILL CHURCH (HEMEL HEMPSTEAD)** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS** ## **FOR THE YEAR ENDED 31[st] DECEMBER 2022** The Trustees present their report and the financial statements of the Company for the period 1st January to 31st December 2022. ## **Constitution and Governance** The Church was registered as a Private Limited Company, limited by guarantee on 4[th] June 2010 - company number 7273639 - and subsequently with the Charity Commission - charity number 1137502. The Company is established under a Memorandum of Association which sets out its objects and powers. It is governed under its Articles of Association. The Trustees have dual roles, one being Trustees, the other being as Directors of the Company for the purpose of company law. The Trustees during the period were: Kathryn McKerrell (Chair) Robin Oakes Claire Nicell Richard Hudson John Sweetnam – (Company Secretary) Gabriele Henderson These Trustees bring a unique set of skills to the company’s business. They include an accountant, a nurse, two engineers, a learning mentor and a teacher. Each has significant professional skills and recognises the importance of personal training, including the need to attend appropriate training courses in order to keep up to date with developments in Trustee and Director responsibilities. They are all committed to the aims and objectives of the Charity. The Church’s Memorandum of Association recognises the role of Spiritual Leadership in the spiritual governance of the Church. Spiritual Leadership during the period of these accounts was Robin Oakes and Brian Boggis (the Church leaders). This Report therefore is concerned with the proper management and administration of the charity in accordance with the Articles and in furtherance of the Objects. The Trustees have purchased Trustee indemnity insurance. ## **Aims and Objectives for the Public Benefit** This statement is required by the Charities Act 2006. In preparing these comments we have had regard to the Charity Commission’s public benefit guidance (Reg 40 (2) (c) (ii)) The Church Leaders and Trustees are aware of the Commission’s guidance on public benefit and in particular the specific guidance on charities for the advancement of religion. No charge is made for any regular Church activities and they are open to the general public. 4 **SOUTH HILL CHURCH (HEMEL HEMPSTEAD)** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS** ## **FOR THE YEAR ENDED 31[st] DECEMBER 2022** ## **The Vision of the Church** The vision God has given us is to equip the Church to serve God and reach our community. ## **The Church’s Mission Statement** ## We aim to be a place: - To belong, where everyone is valued. - Of exciting discovery and dynamic growth. - Where everyone is encouraged through the compelling Love of God to reach their true potential. - Where the Bible is truly taught and its values upheld. - That is passionate about worship. - That experiences the joy and privilege of prayer and understands its importance and value. - With a heart of compassion that engages with and connects to our contemporary world. The following points highlight some of the benefits provided by the Church when not subject to Covid restrictions. Covid restrictions were lifted in the UK on 24 February 2022 so part of this year was subject to restrictions with the remainder transitioning back to the new normal: - The Church holds weekly services on Sunday mornings which are live streamed to Facebook and YouTube. The format and content of these meetings vary from week to week and include Bible teaching, worship, baptism, communion, dedications, family worship and other activities. - At the same time as the Sunday morning services there are activities for children and youth which include Bible teaching, worship, craft and other activities. - Some 90 people regularly attend the Sunday morning services in person, of which 20 youngsters attend the children and youth activities. Numbers watching on YouTube can be as high as 100. - The Church has groups which meet for Prayer and encourages personal prayer and devotion times for members. There are a number of Family Care groups which provide support and encouragement in the Christian life to those who attend Church. A weekly email is issued with a summary of recent services, news and issues for the Church members to pray about and be involved in. - The Church has also organised informal social activities. Some of these are for men and women separately, some are geared to families and all provide an opportunity to support and encourage one another as well as a relaxed atmosphere to introduce others to the activities of the Church. - The Church’s web-site is www.southhillchurch.co.uk. - The Church has continued to support a number of ministers and their work in the Eastern Cape Province in South Africa as well as missionaries in the UK and overseas during the reporting period. 5 **SOUTH HILL CHURCH (HEMEL HEMPSTEAD)** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS** ## **FOR THE YEAR ENDED 31[st] DECEMBER 2022** The Church also works very closely with South Hill Centre, a separate charity originally set up by the Church to offer pre-school education facilities, but which now also runs the building in which the Church meets and provides a comprehensive range of community activities. The Centre’s activities include a wide range of activities supporting families, activities for the elderly, careers and job seeking advice and makes available facilities for many local charities and community groups to use. Church members are actively encouraged to support the Centre both financially and as volunteers at its activities. More information can be found at www.southhillcentre.co.uk ## Main Objectives for 2022 As the pandemic has continued to affect the Church’s activities into 2022, many of the objectives have not been achieved as originally envisaged as set out in the table below : ## OBJECTIVES ACHIEVEMENTS - Continue to support the Spiritual Leadership of the Church as they seek to grow the Church in maturity, numbers and Christian witness and service in the community as we live out the vision set out in this document and specifically in 2023 as we focus on the use of social media to promote Church development. - With the Spiritual Leadership, to increase the size and reduce the age of the leadership team to help secure the future of the Church. - A key part of this is the development of teams to support Leadership. Some teams have been established and are working well, such as the preaching and pastoral care teams. There are others that the leadership aims to establish to more fully support the leadership - Strengthening the Leadership team has been an important project over the past 12 months and two new leaders have been appointed to join Brian Boggis and Robin Oakes. - Identify new opportunities for serving the community and implement those that are appropriate and achievable with the resources available. - Coordinated by our Children and Youth workers, encourage the discipleship of the children and youth that belong to the church and in the - Since the pandemic the main effort has been into restarting those activities for which there is a future but which were closed down. - This is an on-going objective. A new junior Youth Club called Compass has been started during 2022 and is already well attended. 6 **SOUTH HILL CHURCH (HEMEL HEMPSTEAD)** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS** ## **FOR THE YEAR ENDED 31[st] DECEMBER 2022** local community through appropriately designed sessions and groups - Participate in ensuring we remain a living dynamic family, providing support, discipleship and encouragement for all ages including an Alpha course and other material for new Christians and those enquiring about the Christian faith. - Although we were not able to run an Alpha group during the year, we continue to explore other opportunities for new and more long-standing Christians to develop their faith. - Support those in the Church family who are called to serve throughout the world. - Tim and Miranda Heathcote are based in Spain with YWAM\CMS and we continue to support them. - Ric and Tulin Munro continue their work in Turkey. - Dean and Ruth Such have been working in Bolivia amongst disadvantaged young people but during 2021 returned to the UK from where they maintained contact with the young people on-line. The Church continued to support them financially for most of the year - Continue to review our general policies and procedures to ensure we meet the Charity Commission best practice recommendations. - All policies and procedures are regularly reviewed - GDPR and the use of iKnow (church management software), continue to be priorities - Continue to support Pastor Monde and the church and development projects at Mgezwa, South Africa partly by encouraging Brian the pastor and others in the Church to visit the project. South Hill will also help the local Church to develop its mission in a neighbouring village. - The Church in Mgezwa has faced a number of challenges over recent years in relation to its ownership of its main site. The Church has supported the Church in Mgezwa with information and history that we were party to, plus prayer and encouragement. This issue now appears to have been resolved. Our pastor has been able to visit them early in 2022. 7 **SOUTH HILL CHURCH (HEMEL HEMPSTEAD)** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS** ## **FOR THE YEAR ENDED 31[st] DECEMBER 2022** ## **Activities** Our activities gradually returned to normal during 2022 and we held the following activities in the Church building: - **Sunday Services.** Throughout the year we have videoed our services and uploaded them to our YouTube channel. - Our Sunday Activities for **children and young people** . We ran **Lookout** on Sunday mornings for children between 5 and 11, **Lookout Junior** for those under 5, and our young people of senior school age are catered for in **Ignite** . A number have left to go to university in the last few year, but continue in their faith and come back to South Hill when home. - During the week **Compass** club members for youngsters between 5 and 11 years and **Girl Talk** for young ladies. Also during the week **Prayer and Family Care groups** met in person and/or on-line. Other activities are organised and run by volunteers from amongst church people but under the auspices of South Hill Centre, the charity which supports the Church’s community activity: - **Squealers** Carers’ and Toddlers’ group - **Table Talk,** a meal and social engagement with our senior citizens and those who are lonely. Many of these people have no formal connection with the Church. - We have continued to provide support for victims of violence and hard to reach people. All this activity can only be maintained because approximately 50 people from the church volunteer to help lead them. This involves significant preparation and clearing up. In addition, many of these same people support other activities in the Centre giving freely of their time and resources. The Church Leaders and Trustees really appreciate all the resources given so willingly to help achieve the vision God has given the church. ## **Working together with other Churches in Hemel** The Church is a member of Churches Together in Hemel Hempstead. The Church is regularly represented at the monthly Pray Hemel and gives support to DENS (working with the homeless) and the Dacorum Foodbank, where it is now a distribution centre. The Church also supports Youth across Hemel, the Christian secondary schools work. The Church has for many years supported Andrew Masters and Discovery which works in a large number of junior schools throughout Hemel. ## **Supporting those in our Church family called to serve in the UK and throughout the world** Ten full time workers and outreach opportunities, as listed in the attached accounts, both overseas and in the UK, were supported via the Missionary Fund. These included Ric and Tulin Munro working in Turkey, Tim and Miranda Heathcote in Spain, Dean and Ruth Such in Bolivia, Youth across Hemel’s 8 **SOUTH HILL CHURCH (HEMEL HEMPSTEAD)** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS** ## **FOR THE YEAR ENDED 31[st] DECEMBER 2022** work amongst secondary schools and Bibles for Children who distribute Bibles to primary school children in Hemel Hempstead. ## **Assisting fellowships overseas to develop, particularly in South Africa** South Hill Church has for many years had an ongoing relationship with Pastor Monde and his church at Mgezwa, near Lusikisiki. ## **Main Objectives for 2023** The main objectives for 2023 are to: - Continue to support the Spiritual Leadership of the Church as they seek to grow the Church in maturity, numbers and Christian witness and service in the community as we live out the vision set out in this document and specifically in 2023 as we focus on the use of social media to promote Church development. - Identify new opportunities for serving the community and implement those that are appropriate and achievable with the resources available. - Coordinated by our Children and Youth workers, encourage the discipleship of the children and youth that belong to the church and in the local community through appropriately designed sessions and groups - Participate in ensuring we remain a living dynamic family, providing support, discipleship and encouragement for all ages including an Alpha course and other material for new Christians and those enquiring about the Christian faith. - Support those in the Church family who are called to serve throughout the world. - Continue to review our general policies and procedures to ensure we meet the Charity Commission best practice recommendations. - Continue to support Pastor Monde and the church and development projects at Mgezwa, South Africa partly by encouraging Brian the pastor and others in the Church to visit the project. South Hill will also help the local Church to develop its mission in a neighbouring village. ## **Financial Review** The accounts reflect 12 months activity. The accounts have been prepared using the FRS102. Voluntary donations of £86,245 were received in the period, an increase of £12,797 from the previous year. A substantial amount of the donations come from monthly standing orders set up by members of the church, with the rest coming in our weekly offerings on Sunday mornings. The benefits of Gift Aid are explained to donors and a significant majority meet the Gift Aid criteria, so that £21,058 is included in the total for Gift Aid reclaims. During the period the Company spent £81,763 on charitable activities, an increase of £11,111 from the previous year. 9 **SOUTH HILL CHURCH (HEMEL HEMPSTEAD)** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS** ## **FOR THE YEAR ENDED 31[st] DECEMBER 2022** An amount of £3,916 was given to mission groups and individuals in the UK and £3,780 was paid out to various projects in South Africa, some of which were supporting individuals through training and education to benefit their local communities and churches. This compares to £6,217 in the previous year. The reduction is associated with reconciliating previous over-allocations to the Africa General Fund rather than representing any significant reduction in support. These gifts are detailed in Note 5. We are aware of the best practice requirements relating to finance given to overseas charities and have appropriate controls in place to verify that money donated is being spent on charitable activities. These include controls over the release of funds from the UK and regular visits by members of the Church to verify that money has been spent on the projects to which it was designated. ## **Reserves Policy and Going Concern** The financial position of the Church remains satisfactory, with £33,165 of unrestricted funds in the bank (£19,428 at the end of the previous year) and restricted funds of £4,615 (£6,993 end of previous year). With expenses running at some £81,763 in calendar year 2022 (an average of £6,814 per month), best practice would require us to have 3 months expenditure in the bank (£20,442) to ensure we have sufficient to meet an unexpected down-turn in giving or an unexpected expense. With a year end balance of over £33,000, the Trustees are satisfied that the charity is carrying sufficient reserves. The Trustees will seek to maintain a ratio of at least 3x monthly expenditure during 2023. The restricted funds of £4,615 represent gifts from individuals and earmarked church funding made to support the various people and activities as listed in Note 5. There is regular communication with the people and activities, for which funds are being held, and funding needs are identified, and funds transferred as necessary. ## **Risk Management** The Trustees are aware of the need to properly manage and mitigate the risks faced by the company. They work closely with the Directors of South Hill Centre to ensure a comprehensive approach is adopted to the major strategic, business, and operational risks faced by the Companies and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to minimise those risks. They also regularly consider emerging risks which might affect the company. A risk register is in place, and comprehensive child protection, equality and diversity, health and safety and data protection policies have been adopted. Specific training is given where appropriate to volunteers and employees to help mitigate risks. A Designated Person for safeguarding has been appointed during 2022. ## **Related parties** The Company has no related parties but has worked closely with South Hill Centre and other agencies in fulfilling its aims and objectives. ## **Small Companies Provisions** The report has been prepared in accordance with the special provisions of part vii of the Companies Act 2006 relating to small companies 10 ## **SOUTH HILL CHURCH (HEMEL HEMPSTEAD)** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS** ## **FOR THE YEAR ENDED 31[st] DECEMBER 2022** ## **Statement of Directors Responsibilities** The Charities Act and the Companies Act require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:- - a) select suitable accounting policies and then apply them consistently; - b) make judgements and estimates that are reasonable and prudent; - c) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business; - d) state whether applicable accounting standards and statements of recommended practice have been followed subject to any material departures disclosed and explained in the financial statements. The Directors are responsible for maintaining adequate accounting records which disclose, with reasonable accuracy at any time, the financial position of the charity and which are sufficient to show and explain the charity’s transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. that' on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements. The Directors have approved the attached statement of financial activities and balance sheet for the year ended 31 December 2022 and confirm that they have made available all information necessary for its preparation. Approved by the Directors on the ...............ceccceeccecceesccvees 29[th] August 2023 **Signed on their behalf by** Director ccssssssecnereeeesneng oN cesses Print Name : John Sweetnam, Treasurer and Company Secretary INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS report to the charity trustees of South Hill Church (Hemel Hempsteal) on my examination of the accounts for the year ended 31st Detember 2022 set out on pages 13 to 20. Re$pertl¥e responslbllltles of trnstees and examlnet As the charfty's Trustees of South Hill Church (Hemel Hempstead} land also Its dlrettors for the purposes of company lawl you are responsible for the preparntion of the accounts In accordance wlth the requirements of the Companles Act 2006 I'the 2006 Act'l- Having satisfled myself that the accounts of South Hill Church (Hemel Hempsteatll are noi ￿qUIred to be audited under Part 16 of the 2006 Art antl a￿ eli9ible for independent examination. I ￿port in ospe¢i of mv examination of your Charity's accounts as torried out under settion 145 of the Charities Art 2011 1.the 2011 Act'l. In carrying out my examination I have followed the DI￿rtionS given by the Charity Commisslon unéer se¢tlon 14515llbl of the 2011 Act. Respective responsibilities of Trustees and examiner Independent ex•mlner's *t•tement I have completed my examination. l eonfirm that no matters have tome to my attentlon In eonnectlon wlth the examination glvin9 me eause to believe- L. actounting records were not kept In respett of South Hlll Churth {Hemel Hempstead) as ￿qUIred by sectlon 386 of the 2006 Aet,. or 2. the attounts do not accord with those records; or 3. the accounts do not tomply wlth the accounting requirements of sertion 396 tsf the 2006 Act other than any requlrement that the accounts give a 'true and fair view. which is not a motter considered as part of an Independent examlnitlon., or 4. the iccounts have not been prepared in accordance with the methods and prlnciples of the Statement of Recommended Prictlce for accounting and reporting by charities applic4ble to charities preparing thelr account5 In accordance wlth the Finantlal Reporting Standard applicable In the UK and Republlc of Ireland IFRS 1021. I have no concerns and have come acr055 no other matters in connection wlth the examlnatlon to which attentlon should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. K Gomes MAAT,FCIE Independent Examiners Ltd Unit 2,The Broadbridge BusSness Cenire Delling Lane Bosharn P018 8NF Date.. 29.8.23 12 SOUTH HILL CHURCH {HEMEL HEMPSTEAD) (A COMPANY UMITED BY GUARANTEE) STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31ST DECEMBER 2022 In¢orporatlng Income • Expendlture A¢¢ount Un￿$t￿tte￿ Restritted Funds Funtls TOTAL 2022 TOTAL 2021 Not INCOMING RESOURCES Incomlng Re$our¢e$ from Gener•ted Funds Donatlons & Legacles 3• 79,245 7.000 86,245 73,449 Charltable Artlvltles 3b 2,589 2,569 372 TOTAL INCOMING RESOURCES RESOURces ExpeNDeD Cost¥ of G•n•rotlng Fund* Cost of Charltable Actlvitles 68,470 13,293 81,763 70,655 Governance Costs 4b 1,020 1,020 1,020 TOTAL RESOIJRCES EXPENOÉD NET INCOMINGI {OUTGOING) RESOURCES 12.344 (6.293) 6,051 2.146 Total Funds Brought Forward 26.874 6.994 33,868 31.722 Transfer Between Funds 13.9161 3.916 TOTAL FUNDS CARRIED FORWARD Movements on all resetves and all recognised galns and losses are shown above. All of the oryanlsation's operations are classed as continulng. The notes on pages 15 to 20 fomi part of these finandal statements. 13 SOUTH HILL CHURCH (HEMEL HEMPSTEAD) (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET FOR THE YEAR ENDED 31sr DECEMBER 2022 Unrestricted Restrirted 31-Dec-22 31-Dec-21 Funds Funds Total Total 14ot• Flxed Assets Tèngible Assets Current A•s¢ts Debtors & P￿paYmentS Cosh ot Bank and in Hand 3.279 33,165 3.279 37,780 8.629 26,420 4,61S Total Currnnt Au•ts CMdltov•: amounts falllng due wlthln one year 1,140 1,140 1,181 NET CURRENT AsseTS 35,304 4,615 39,919 33,868 Lon9 Terni uablllt1￿. amount due In more than one year NET ASSETS Tot•1 Fund• ol th• Ch•rfty General Funds Restrlcted Funds 35,304 35.304 4.615 26.874 6.994 4,615 For the flnanclal year ending 31 December 2022 the charity was entltled to exemptlon from audlt under section 477 of the Companies Act 2006 relating to small companies. DSrector's ￿SponSIbIlItIeS . The members have not requ1￿ the charlty to obtaln an audlt of Its accounts for the year In questlon In accordance wlth section 476 . and The directors acknowledge their responslbilities for complying with the requlrements of the Act wlth respect to accounting records and the p￿paratIOn of accounts. These accounts have been p￿pared In accordance with the provisli)ns applicable to companles subject to the small companies regime. The flnancial statements on pages 12 to 19 were approved by the Trustees, and authorfsed and slgned on their behalf by.. 29, August 2023 Approved by the Directors on the ............................................. Slgned on their behalf by Dirertor John Sweetnam Print Name............................. 14 SOUTH HILL CHURCH {HEMEL HEMPSTEAD) {A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 I. ACCOUNTING POLICIES Ba$1$ of Preparotlon & Asse$$ment of Golng C•ffi¢ern Bas1$ of Prep•rotlon The financial statements have been prepa￿￿ under the historical cost convention with items re¢ognlsed at cost or transaction value unless otherwise $￿ted in the ￿levant notes. The financial statements have been prepared in accordance with the Statement of Recommen%Jed Prattice= Accounting and Reporting by Charities preparin9 their accounts in actordance with the Financial Reporting Standard applieable in ihe UK and Republlc of Ireland IFR51021- (Charities SORP- FRS1021 antl the Charities Act 2011. The Charlty rneets the deflnition of a publlc benefit entity under FR5102. Assets and Ilabllitles a￿ Inlllally recognised at hlstorfcal eost unless otherwise stated In the relevant accountlng pollty notes. Ass***ment of Goln9 Con¢ern Preparation of the accounts is on a 9oln9 eoncem basls. The trustees consider that there are no materlal uncertalnties about the Charity's ability to tontinue as a 9oln9 t¢)ncern. Incomln9 R••Our￿* Recognltlon oflncomln9 Resources These are included in the Statement of Financial Activlties {SOFAI when: the charity become5 entitled to the resources. the Director5 are virtually certain they will receive the restyJrces.' and the monetary vilue can be measured with sufficient reliability Zncomlng Resoiirc•5 wlth Related Expendlturn Where incoming resources have related expenditure las with fundrolslng or ttsntract Incornel the Incornlng resource and related expenditure are reported gross in the SOFA. Grants and Donatlons Grants and Donations are only Included In the SOFA when the chadty has uncondltlonal entltlement to the resources. Tax Reclalms on Donatlon5 and Glfts Incoming resources from tax reclaims are Induded In the SOFA In the same flnaThclal perfod a5 the glft to which they relate. Volunteer Melp The value of any voluntary help recelved Is not Induded In the accounts but Is descrfbed In the Dlrectors, annual report Sf applicable. Expendlture and Llabllltleg Llablllty Recognltlon abilities are recognised as soon as there Is a legal or constrnctlve obllgatlon committlng the charity to pay out resources. Governance Costs Include costs of the preparation and examination of statutory accounts. the costs of the Dlrectors, meetings and cost of any legal advice to Dlrertors on govemance or constitutional matters. Changes In Accountlng Pollcles and Pre¥lous Accounts There has been no change to the accounting policies Ivariatfjon rules and methods of accountlngl since last year, and no changes to the previous accounts. 15 SOUTH HILL CHURCH (HEMEL HEMPSTEAD) {A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {continued) FOR THE YEAR ENDED 31ST DECEMBER 2022 Flxed Assets These are ¢apitalised if they can be used for MO￿ ihan one year, and cost at least £1.500. They a￿ valued at cost or, if gifted, at the value to the charily on receipt. 2. TANGIBLE FIXED ASSETS The Charlty helé no fixed assets investments during this or the previous financlal year. The annual commltments under non-eancelling operating leases and capltal commitments are as follows.. 31st Deeember 2022.. None. 31st December 2021.. None. 3. INCOMING RESOURCES Unrestricted Restricted Funds Funds TOTAL 2022 TOTAL 2021 *) Donotlonj & Legacl Glfts, Ththe5 & Offerlngs Gift Aid Tax Recovered M1551onary Fund 64,009 15,236 64,009 16,122 6,114 55,642 12,917 4,890 886 6,114 b) Charltable Actlvltles Conference 8ook Sales loo loo 322 Embrace 2.449 2,449 50 Wreath Maklng 40 372 16 SOUTH HILL CHURCH (HEMEL HEMPSTEAD) (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2022 4. RESOURCES EXPENDED Un￿striCted Restritted Funds Funds TOTAL 2022 TOTAL 2021 Not a) Ch•rlt•ble Artlvltles Actlvities & Events Bank Charges Books & Manuals Chlld Protectlon Chlldren's & Youth Expenses Chlldren's Worker & Youth Workets Salary Chrlstlèn Music Copyrlght Churches Together Subserlptlon Conferences Costs Evangelical Alllance Insurance Costs Mi55ionary Fund Pastoral Expen5e5 Pa5tor'5 Fees Prlntlngi Printlng & Stationery South Hlll centre use donation Telephone Cost5 Travel & Entertalnlng Webslte Costs 2,675 20 2,675 20 344 212 1,434 27,273 1,168 40 320 583 246 713 17,487 1,106 40 68 250 649 15,357 17 30,000 194 3,000 96 47 482 212 1,434 27,273 1,168 40 io 250 460 250 460 13,293 1,387 31,941 164 250 252 105 494 13,293 1,387 31,941 164 250 252 105 494 b) Governance Costs Independent Examlners Fees 1.020 1,020 1,020 17 SOUTH HILL CHURCH (HEMEL HEMPSTEAD) (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2022 5. RESTRICTED FVNDS Balaffi¢e 31-D¢¢-21 B•l4n¢e Expendlture Transfer$ 31-De¢-22 Income Mlssionary Fund 6,994 7,000 13,293 3,916 4,615 The Charlty's cash ￿SerVeS Inelude an amount representin9 the balance of the ￿$trIcted fund. MlssSon•ry Fund Analy•l* B•l•nc* 31-D*c-21 Balan¢e Expendlture Transfers 31-D•c-22 Income GENERAL Bolivia - Dean ènd Ruth Gifts to Indlvidui15 Ric & Tulin Munro Tim & Mlranda Heathtote Men's Breakfast Esmalel Africa Travel 1,125 675 13 1,516 73 1,610 1,250 600 3,025 3,600 73 965 125 75 3,013 2,084 645 5,012 9,513 5,222 720 AFRICA Agricultural Project at Luslki5ikl Victoria Pastor Matheson Pastor Monde and farnlly Pre-school Support at Lusiklslkl Afrlca General fund 250 250 1,000 1,125 665 1.250 1.201 993 4.799 4.463 250 853 23 5,869 777 305 1,800 3,661 2,869 802 6.994 1.98B 3.780 1,306 3,89S 6.994 7.000 13,293 3,916 4,615 Afdca General Includes amounts transferred to the church In Luslkislkl's Standard Bank account to be drawn down as directed by South Hill Church. When amounts are withdrawn they wlll be recorded agalnst the appropriate expense Ilne and an offsetting reduction recorded against General. 18 SOUTH HILL CHURCH {HEMEL HEMPSTEAD) {A COMPANY UMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2022 6. CASH AT BANK AND IN HAND un￿$t￿￿e￿ Restrirte Fun Fund Tot•1 Totsl 31-De¢-22 31-De¢-21 Cash at Bank 33,165 4,615 37,780 26,420 7. DEBTORS AND PREPAYMENTS Unrestricted Restritted Fund Fund Total Total 31-D*tr22 31-0•¢-21 Gift Aid Tax Reeoverable Barclaycard 3,202 77 3,202 77 8,135 494 . CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE YEAR Un￿stricted Restricted Fund Fund Total Total 31-Detr22 31-D•c-21 PAYE&N.I Sundry Creditor5 Independent Examlners Fees 120 120 95 66 1,020 1,020 1,020 9. LONG TERM UABILrriES: AMOUNTS FALLING DUE 114 MORE THAN ONE YEAR The Charfty has no long term Ilabllltles during thls or the previous financlal year. 19 SOUTH HILL CHURCH (HEMEL HEMPSTEAD) (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2022 10. STAFF COSTS AND NUMBERS 2022 2021 Gross Wages and Salaries Employer's National Insurance Cosrs Penslon Contributlons 26,397 16,489 876 998 Employees who We￿ engaged In each of the followin9 activities.. 2022 TOTAL 2021 TOTAL Actlvitles in furtheranee of organlsation's objects The Charlty operates a PAYE seheme to pèy all employed members of staff and no employees ￿te1Ved emoluments of over £60,000. 12021..Nonel 11. DIRECTORS AND OTHER RELATED PARTIES No payrnent5 were made to dlrector5 or any persons connected with them during this financial perlod. No rnaterlil trin5aCtion took place between the charity and a director or any person connected with them. Total aggregated donotlon5 lexcl Gift Aldl from Trustees and related parties in the flnanclal year wa5 £24,64412021..£22,9581 12. RECoNUL￿TI0N OF MOVEMENT ON CAPITAL AND RESÉRVES The Company is Limited by Guarantee and is a Charity regISte￿d with the Charity Cornmlsslon number 1137502 and is not. therefore, subject to Corporation Tam and does not have a Share capital. 2022 2021 ProfSt / Deficit for the financial year Other Recognised Gains 6,051 2,146 Balance Brought Forward 33.86B 31,722 Closlng Funds at 31st December 2022 13. PUBLIC BENEFIT The Cha￿tY acknowledges its requirement to demonstrate clearly that it must have charitable purposes or 'alms' that are for the public benefit. Details of how the charity has achieved this are pmvlded In the Directors, report. The Dirertor's confirni that they have paid due regard to the Charity Commlsslon guidance on publlc beneflt before decldlng what artlvltles the charity should undertake. 20