| F | OR | THE YEAR ENDED 31MA | RCH 2022 |
|---|---|---|---|
| Pages | |||
| LEGAL AND ADMINISTRATIVE | INFORMATION | ||
| REPORT OF THE TRUSTEES | 4-6 | ||
| REPORT OF THE INDEPENDENT | EXAMINER | ||
| STATEMENT OF FINANCIAL | ACTIVITIES | ||
| BALANCE SHEET | |||
| CASH FLOW STATEMENT | 10 | ||
| NOTES TO THE FINANCIAL | STATEMENTS | 11 - 14 |
| 2022 | 2021 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | Total | Total | |||
| Incoming resources |
|||||||
| Voluntary Income |
2 | 109,264 | 109,264 | 159,674 | |||
| Other activities for generating | |||||||
| funds | |||||||
| Total incoming resources |
~I264 | 19+264 | 15 | 674 | |||
| Resources Expended | |||||||
| Charitable activities |
100,561 | 100,561 | 103,501 | ||||
| Total resources expended | 1005 | 1 | 10 561 | ~1601 | |||
| Net incoming/outgoing | |||||||
| resources before transfers | 8,703 | 8,703 | 56,173 | ||||
| Gross transfers between |
|||||||
| funds | |||||||
| Net incoming resources |
|||||||
| before other recognised | |||||||
| gains/losses | 8,703 | 8,703 | 56,173 | ||||
| Reconciliation ofFunds | |||||||
| Total funds brought forward |
118240 | 118240 | 62 | 067 | |||
| Total fund carried forward | 325~43 | ~126 94 | 118 | 240 |
| Notes | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| Fixed assets | |||||||
| Tangible assets |
|||||||
| Current assets |
|||||||
| Debtors | |||||||
| Cash at bank | and in hand | 127,343 | 118,540 | ||||
| Total current | assets | 127.343 | 118540 | ||||
| Less: | |||||||
| Creditors: amount |
falling | due within | one year | (400) | (300) | ||
| Net current assets | 118240 | 118240 | |||||
| Total assets less current | liabilities | 126,943 | 118,240 | ||||
| Creditors falling due after more than |
one year | ||||||
| Net assets | L22.943 | 240 | |||||
| Funds | |||||||
| Restricted | |||||||
| Designated funds |
|||||||
| Unrestricted | funds | 126,943 | 118,240 | ||||
| Total charity | funds | ~6+43 | L112400 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Operating Activities |
|||||||
| Profit/(Loss) for the year |
8,703 | 56,173 | |||||
| Adjustment to reconcile net income/(loss) |
|||||||
| Net cash provided by operating |
activities | 8 703 | 56 173 | ||||
| Increase/Decrease in Creditors |
for period | 100 | |||||
| Depreciation charge for period |
954 | ||||||
| Net Cash provided by investing |
activities | 100 | 954 | ||||
| Net Cash increase/(decrease) for period |
8,803 | 57,127 | |||||
| Cash at the beginning ofperiod |
118540 | 61 413 | |||||
| Cash at end ofperiod | ~12 343 |
118540 |
| .Voluntary Income |
|||
|---|---|---|---|
| Unrestricted | 2022 | 2021 | |
| Funds | |||
| Gifts and donations | 102,295 | 102,295 | 107,462 |
| Missions | 4,609 | 4,609 | 8,239 |
| Gift Aid Refund | 43,935 | ||
| Others | 2,360 | 2,360 | 39 |
| Total | 109264 | 109264 | 159674 |
| Costs of | Charitable | Governance | Total | Total | |
|---|---|---|---|---|---|
| generating | Activities | costs | 2022 | 2021 | |
| funds | |||||
| Welfare & Benevolent | |||||
| expenses | 81,765 | 81,765 | 83,407 | ||
| Support Costs | 18,796 | 18,796 | 20,094 | ||
| GoverTrance | |||||
| 100 561 | 100 561 | 103501 |
| .Analysis between re |
stricted and unrestricted |
expenditure | |||
|---|---|---|---|---|---|
| Costs of | Charitable | Governance | Total | Total | |
| generating | Activities | costs | 2022 | 2021 | |
| funds | |||||
| K | |||||
| Restricted | |||||
| Unrestricted | 100,561 | 100,561 | 103,501 | ||
| 103501 | 103501 | 103501 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| COST | ||||
| At beginning ofthe year |
32,087 | 32,087 | ||
| Additions for period |
||||
| At end ofyear | 32 087 | 32 087 | ||
| DEPRECIATION | ||||
| At beginning ofthe year |
32,087 | 31,134 | ||
| Depreciation for period |
954 | |||
| At end ofyear | 32 087 | 32 087 | ||
| NET BOOK VALUE | ||||
| 7.Creditors —amounts | falling due within | one year | ||
| 2022 | 2021 | |||
| Tax and social security | Nil | Nil | ||
| Accruals and Other creditors |
400 | 300 | ||
| 400 | 300 | |||
| 8. Analysis ofcharitable | fund |
| nalysis ofmove | ment in unre |
stricted funds: |
||||
|---|---|---|---|---|---|---|
| Balance | Incoming | Resources | Transfers | Investment | Funds | |
| 01.04.21 | Resources | Expended | To/from | Gain/(loss) | 31.03.22 | |
| funds | ||||||
| General Fund | 118,240 | 109,264 | (100,561) | 126,943 | ||
| Designated | ||||||
| Funds | ||||||
| 118240 | 109264 | ~100561 | 126 43 |
| 2.Operating Leas |
es | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Land and buildings | which expire: | ||
| Within one year | 8,000 | 8,000 | |
| Between 1 and 2 years |
| he totals above represent the total future minimum perating leases. 3Staff Costs and Emoluments |
lease payments under non-ca |
ncellable |
|---|---|---|
| 2022 | 2021 | |
| Total staff costs were as follows: | ||
| Wages and salaries | 47,247 | 38,514 |
| Social security costs | ||
| Other pension costs | 2,427 | 1,858 |
| ~4i574 | ~4372 |
| ~4i574 | ~437 | 2 | ||||
|---|---|---|---|---|---|---|
| The average number of | employees | during | the year, calculated | based on full-time | equivalent | hours |
| was as follows: | ||||||
| 2022 | 2021 | |||||
| Number ofadministrative | staff | 1 | I | |||
| Number ofmanagement | staff | 1 | 1 | |||
| 2 |
WEMBLEY CHRISTIAN FELLOWSHIP 15