2023-03-31-accounts

TREASURER		Howard White
FINANCE COMMITTEE		John Lau (Chair)
		Howard White
		Brian Ladd
TRUSTEES		Michael Askew
		Jackie Barton
		Paul Carey
		Milandeep Chander-Abraham
		Brian Ladd
		John Lau
		Howard White
ASSISTANT TREASURER		Cathy Clark
PRINCIPAL ADDRESS		Windsor Close
		Northwood Hills
		Middlesex HA6 1PD
INDEPENDENT	EXAMINER	Rockett &Co.
		Accountants
		16Rickmansworth	Road
		Northwood
		Middlesex HA6 IHA
INDEX						Page
		Report ofthe Treasurer				1-3
		Report ofthe Pastor				4-5
		Report ofthe Independent			Examiner
		Statement of Financial		Activities
		Balance Sheet
		Notes to the Accounts				9-12

									2023	2022
								Property 8
					General	Fund	Building	Equipment	Total	Total
				Note	Unrestricted	Restricted	Fund	Fund	Funds	Funds
Income
Voluntary Income
Donations, gifts and legacies Activities for Generating Funds					152,933	47,004			199,937	193,518
Receipts for use of	premises		and
sundry other recoveries Investment Income					32,292				32,292	14,725
Rental income and property
expenditure reimbursements Interest received					14,463 434				14,463 434	24,056 1,020
Totallncome					200 122	47 004			247 126	233319
Expenditure
Costs of raising funds				2
Charitable activities				3	178,836	54,577		52,574	285,987	219,662
Other expenditure				4	2 100				2,100	132
Total Expenditure					180936	54,577		52 574	288,087	219,794
Net Income/(outgoings)		for	the	Year
before transfers					19,186	(7,573)		(52,574)	(40,961)	13,525
Transfers between	funds				~19250			19250
Net Income/(outgoings)		for	the	Year
after transfers					(64)	(7,573)		(33,324)	(40,961)	13,525
Balances brought forward
at 1 April 2022					41,278	10068	1 391 159	88468	1 530973	1 517448
Balances carried forward
at 31 March 2023					41,214	2,495	1,391,159	55,144	1,490,012	1,530,973

									Property	&	2023	2022
						General		Fund	Equipment
						Unrestricted 6		Restricted f	Fund		Total 6	Totalf
2	Costs of raising funds
3	Charitable activities
	Staff costs and other	fees				87,066					87,066	92,173
	Visiting speakers											100
	Trainmg, recruitment	and		seminars		769					769	129
	Mission support					42,000		54,577			96,577	85,442
	Special care, other gifts		and support			1,626					1,626	1,950
	Youth work					827					827	578
	Outreach					2,285					2,285	1,026
	Catering					529					529	431
	Bibles, music and CD's					170					170	235
	Subscriptions					982					982	958
	Cleaning and refuse					1,736					1,736	1,165
	Church building insurance			and utilities		9,812					9,812	8,677
	Premises and equipment			repai s and maintenance		12,775					12,775	8,998
	Residential property	maintenance			costs and utilities	13,485			49,950		63,435	9,158
	Photocopying, postage,		stationery		and office	3,006					3,006	2,819
	Telephone and internet					1,680					1,680	1,547
	Church week-end away											514
	Depreciation —furniture		and equipment						2,624		2,624	3,526
	Disposals					(200)					(200)
	Bank charges					288					288	236
						178,836		54,577	52,574		285,987	219,662
4	Other Expenditure
	Professional fees					2,100					2,100	132
											2023	2022
5	Total Expenditure					Staff	Depreciation		Other
						Costs			Costs		Total	Total
						6			6		6	8
	Charitable actnnties					85,163		2,624	198,200		285,987	219,662
	Other								2,100		2,100	132
						85,163		2,624	200,300		288,087	219,794
6	Staff costs										2023 f	2022f
	Wages and salaries										80,685	86,316
	Social security costs										1,354	3,053
	Staff pension contributions										3,124	2,586
											85,163	91,955
	Average number ofemployees
	No employee earned	660,000 or more.

7	Tangible Fixed Assets	Tangible Fixed Assets			Land	Land	Furniture	Furniture
					and			and				Total
					Buildings		equipment
						6		8
	Cost or valuation
	At 1 April 2022				1,391,159			43,637				1,434,796
	Additions Disposals							5,124				5,124 ~70,041
	At 31 March 2023				1,391,159			38,720				1,429,879
	Accumulated depreciation
	At 1 Apnl 2022							38,942				38,942
	Charge for year							2,624				2,624
	Eliminated on disposals							(10,041)
	At 31 March 2023							31,525				31,525
	Net book values
	At 31 March 2023				1,391,159			7,195				1,398,354
	At 31 March 2022				1,391,159			4,695				1,395,854
	The value placed on the church		building	by the project architects,		HSD	Building Consultants			Limited,	in March 1994
	was f725,000, which exceeded		the valuation and relevant		lend costs previously			included	in	the accounts		by f418,035
							2023					2022
8	Debtors							6				8
	Income tax recoverable							6,453				5,508
9	Liabilities:- Amounts	falling r'ue within		one year
	Accruals and deferred	income						11,322				1,508

11	General	Fund - Restricted
			Balance	Movement	in Resources	Balance
	Christian	work and support	At 1.4.2022 6 5	Incoming f 7 004	At.31.3.2023 8 2,495 Outgoing 6 54577,
12	Analysis	of Net Assets Between Funds	Tangible	Net	2023	2022
			Fixed	Current
			A888ts	A88818	Total
					E	6
	General	Fund - Restricted		2,495	2,495	10,068
	General	Fund - Unrestricted		41,214	41,214	41,278
	Building	Fund	1,391,159		1,391,159	1,391,159
	Properly	Fund	7,195	47,949	55,144	88468
			1 398354	91,658	1,490,012	1,530,973

13	Comparative information						Property 8	2022
				General	Fund	Building	Equipment	Total
				Unrestricted	Restricted	Fund	Fund	Funds
	Income			6	8
	Voluntary Income
	Donations, gifts and legacies Activities for Generating Funds			145,961	47,557			193,518
	Receipts for use ofpremises		and
	sundry other recoveries			14,725				14,725
	Investment Income
	Rental income and property
	expenditure reimbursements			24,056				24,056
	Interest received			1,020				1,020
	Total Income			185,762	47,557			233,319
	Expenditure
	Costs of raising funds
	Charitable activities			175,578	41,042		3,042	219,662
	Other expenditure			132				132
	Total Expenditure			175,710	41,042		3,042	219,794
	Net Income/(Outgoings)
	for the Year before transfers			10,052	6,515		(3,042)	13,525
	Transfers between funds			21,750			21,750
	Net Income for the Year
	after transfers Balances brought forward at 1 April 2021 Balances carried forward			(11,698) 52,9	6,515	18,708 1,39,59,55		13,525 1,517,448
	at 31 March 2022			41,278	10,068	1,391,159	88,468	1,530,973