## ## ## |||||||| |---|---|---|---|---|---|---| |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|