| nten | |||
|---|---|---|---|
| Introduction | Page 4 | ||
| Charitable Objectives |
Page 4 | ||
| Governance | Page 4 | ||
| Trustees/Directors | Pages 4-5 | ||
| Disclosure ofinformation to auditors |
Page 5 | ||
| Responsibilities oftrustees under company |
law | Pages 5-6 | |
| Risk Management | Page 6 | ||
| StaffTeam | Pages 6-7 | ||
| Remuneration | Page 7 | ||
| Eldership/Leadership | Team | Page 8 | |
| Volunteers | Page 8 | ||
| Activities in 2023 |
Pages 8-12 | ||
| Mission Support | Page 12 | ||
| New building project | Page 13 | ||
| Financial Review | Pages 13-14 | ||
| Sawyers Church —Victim ofFraud | Page 15 | ||
| Forward Look | Pages 15 —16 | ||
| Independent Auditors' |
Report | Pages 17-19 | |
| Statement ofFinancial | Activities | Page 20 | |
| Balance Sheet | Page 21 | ||
| Statement ofCash Flows | Page 22 | ||
| Notes to the Accounts | Pages 23-39 | ||
| Detailed Statement of | Financial Activities | Page 40 |
| RRRIRIRmw NDIR R | ||||||
|---|---|---|---|---|---|---|
| Vnrestrkted | Restrkted | Total Funds | Total Funds | |||
| Funds | Funds | 2023 | 2022 | |||
| Note | 6 | E | f | f | ||
| INCOME AND ENDOWMENTS | FROM.' | |||||
| Donations and Legacies Grants received Other Incoming Resources Investment Income |
5a) 5b) 6a) 6b) |
333,097 0 12,280 1,315 |
364,117 317,760 0 7,173 |
697,214 317,760 12,280 8,488 |
1,$73,969 303,227 9,494 945 |
|
| Total Income and endowments | 346,692 | 689,050 | 1,035,742 | 2,1S7,635 | ||
| EXPENDITUliE ONI | ||||||
| Charitable activities |
7/8 | 71,577 | 47,132 | 118.709 | 635,746 | |
| Total expenditure | 71,577 | 47,132 | 118,709 | 635,746 | ||
| Net inmme before exceptional | item and transfers | 275,115 | 641,91& | 917,033 | 1,551,889 | |
| Exceptional loss |
48,033 | 0 | 48,033 | |||
| Net incoming resources before |
transfers | 227,082 | 641,918 | 869,000 | 1,551,889 | |
| Transfer between funds |
16 | (70,400) | 70,400 | 0 | ||
| Net incoming resources | 156,6$2 | 712,31$ | 869,000 | 1.551,889 | ||
| Other recognised gains and losses | ||||||
| Revaluation oftangible fixed assets | 10/16 | 12,500 | 0 | 12,500 | 0 | |
| Net movement In funds |
169.182 | 712,318 | 881,500 | 1,551,889 | ||
| Fund balances at I January 2023 | 960,680 | 2,887,2$6 | 3,S47,966 | 2,296,077 | ||
| Fund balances at 31stDecember 2023 | 1,129.&62 | 3,599,604 | 4,729,466 | 3,S47,966 |
| As at | 31December 202 | 3 | |||
|---|---|---|---|---|---|
| RRRERERAIRAE RARER |
|||||
| 4 | |||||
| Note | Unrestricted | Restricted | 2023 | 2022 | |
| Funds | Funds | ||||
| FIXEDASSETS | E | 6 | E | E | |
| Tangible assets | 10 | 1,015,088 | 3,311,774 | 4,326,862 | 2,226,744 |
| Investments | 11 | 0 | 0 | 0 | 0 |
| 1,015,088 | 3,311,774 | 4,326,862 | 2,226,744 | ||
| CURRENT ASSETS | |||||
| Current assets excl Cash at bank | 12 | 7,231 | 13,425 | 20,656 | 26,994 |
| Cash at bank and in hand | 13 | 135,170 | 284,643 | 419,813 | 1,612,104 |
| 142,401 | 298,068 | 440,469 | 1,639,098 | ||
| CURRENT UABIUTIES | |||||
| Liabilities falling due within one year |
15 | 27,627 | 10,138 | 37,765 | 17,776 |
| Net Current Assets |
114,774 | 287,930 | 402,704 | 1,621,322 | |
| Liabilities falling due after one year |
15 | 0 | 100 | ||
| NETASSETS | 1,129,862 | 3499,604 | 4.729,466 | 3,847,966 | |
| FUND BALANCES | |||||
| UnrestriaRed funds |
|||||
| General Funds |
16 | 114,774 | 0 | 114,774 | 205,459 |
| Designated Capital Funds |
16 | 1,002,588 | 0 | 1,002,588 | 755,221 |
| Revaluation reserve |
16 | 12,500 | 0 | 12,500 | 0 |
| Restricted Funds | 16 | 0 | 3,599,604 | 3,599,604 | 2,887,286 |
| 1,129,862 | 3,599,604 | 4,729,466 | 3,847,966 |
| Yea | r Ended 31 | Decemlmr | 2023 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| I I I | |||||||||
| ~II | |||||||||
| Total | Prior year | ||||||||
| funds | funds | Note | |||||||
| E | E | ||||||||
| Cash Rows from eperatlng acthctleu | |||||||||
| Net rash provafed by(IocdIn) opcnrdnp | ocdvtlms | 651,971 | 1,794,326 | ||||||
| Cash Aows hom investing cdlulles: | |||||||||
| Dividends, Interest and rents from Investments |
8.488 | 9C5 | 6b) | ||||||
| Proceeds from the sale ol property, | plant | and equipment | 0 | 0 | |||||
| Additionr to properly, plant and equipment |
(1.852,751) | (1,314,545) | |||||||
| Proceeds from sale ofinvestmcnts | 0 | 0 | |||||||
| Purchase ofinvestments | 0 | 0 | |||||||
| Net uwh pnwfded by (used In) Invwrlrng |
ctfvfdcs | ||||||||
| Cash Rows from financing actlvfdao | |||||||||
| Repayments ofborrowing |
0 | 0 | |||||||
| Cash Ingows from new bonowlng | 0 | 0 | |||||||
| Receipt ofendowment | 0 | D | |||||||
| Ner cosh provhfcd by (used In/ jlnandng adfwifcs |
0 | 0 | |||||||
| Change In cosh ond cosh equlvrrfcnts | in the mpordng | period | (1,192,292) | 479,861 | |||||
| Cash and cash equivalents at tha beginning ofthe repordng | |||||||||
| pedod | 1,612,105 | 1,132,244 | |||||||
| Change In cash and cash equhalents | due | to exchange rate | |||||||
| rnouwrtants | 0 | 0 | |||||||
| Cash ond cosh equhofents otme end | o/ the mpordng period | 419,813 | 1,612,105 | ||||||
| Note C.Reconchiatlon ofnct Income/(expenditure) |
tonet cash | Aow from operating | activities | ||||||
| I I I |
|||||||||
| Rrr | |||||||||
| Imome/(expenditure)/or | Currenlyear | Pnoryear | |||||||
| E | 1 | ||||||||
| Net the rcpordng period (ospcr lbe |
882,500 | 1,551,889 | |||||||
| Adjustments for. |
|||||||||
| Depredaiion and impairment ot tangible fixed assets |
(248,401) | 251,562 | |||||||
| (Gains)/losses on Investments |
0 | 0 | |||||||
| Dividends. Interest and(ants from Investments |
(8,488) | (945) | 6bl | ||||||
| lms/(profit) an the sale ofAxed amets |
0 | 1,095 | 7b) | ||||||
| Cost of gifting ol Rxed Asset | 505 | 0 | rcl | ||||||
| llnuease)/decrease in stocks |
0 | 0 | |||||||
| (Increase)/deuease ln debtors and prepayments |
6.866 | (20,610) | 12 | ||||||
| Increase/(deuease) in creditors |
19,989 | 11,335 | 15 | ||||||
| Net corh provhfwf by (used In) operatfnp | ccthiths | 651,971 | 1,794,326 | ||||||
| Nota Iu Armiyds ofcasir aStd casir aquhohirrls | I | ||||||||
| I SR~Rm | |||||||||
| Current | year | Prxu I/car | |||||||
| E | E | ||||||||
| Cash in hand | 105 | 414 | I3 | ||||||
| Short lerm deposits and operating bank accounl |
419,708 | 1,611,690 | 11 | ||||||
| ovenlraft facility repayable on demand |
0 | 0 | |||||||
| Tmaf cash ~Trd c4sh equhmlems | 419.813 | 1,612,104 | 13 | ||||||
| Nolo cIAddNons to property, phnt |
8equipment | ||||||||
| Current | year | Prior year | |||||||
| E | 1 | ||||||||
| Purchase/revaluation ofproperty, plant 8 |
equipment | (I/I52,751) | (1.309,607) | io | |||||
| Transfer fram hreakthru Church |
14 | ||||||||
| Tocal addidam lo property, plant 0equipment | (1,852,751) | (1324,545) |
| 4 Reeatemenls and hade»gkahoru Tsar Ended 11 hicNnbor |
4 Reeatemenls and hade»gkahoru Tsar Ended 11 hicNnbor |
4 Reeatemenls and hade»gkahoru Tsar Ended 11 hicNnbor |
2073 | 2073 | 2073 | |||
|---|---|---|---|---|---|---|---|---|
| Yhe upptr labia btlow sumo»russ Ihe impae of tmlh rtslatemenu or |
pier year ad)wlmen» (pyA) |
and rmlo»ifl&alions whhm |
||||||
| 2022 figurei rtoorled in the Elatement offInandef | Activkks (EOFA) and Salance luce&. |
|||||||
| The decrease 0( E213,NN lor Fund lklames at I | isnuacy 2022 comprises of three |
pdar year ad)ustmenk intlvded |
4 these | |||||
| ~ccoun» to addreN a»earns rtlied in Ihe prior year audk relatlns lo epeneg poiltlons | at kt Ianuary 1022 | |||||||
| 1)ieveisel ofcapkskied bulhang coals otE222380 | (ss per ad»»ments | ~ INN 4 2below), | ||||||
| 1)Cwieeion of the cephahsed coll ol e Motor vchlde purdwsed In 161(see ~.3end 4,4below), |
2017end eeodatcd dcpredauon adpiemmes |
totalling | ||||||
| 3)Wrhe off el rtcenrabku of1866trom e &con&Neo denly tnd creohen al e labhoy (Ne 4.1)Nut 4.12below). |
ot 1MO to s elated char ky loehng f963 | |||||||
| 4)lcs$ iouildurg tdknrircol 0l11. |
||||||||
| Ah of Ihc addihonel adluslments are rectsssifkatnmi m the SOFA, lklanct Sheet, fash Flow 5talemmrt |
which have no nnpae an fund end Ihe respecuve nolm to ihe |
Salem» snd are lrwufcrs within mplloni acmums and IdenliRed m 'Redass' In the |
||||||
| loww table below. | ||||||||
| Statement ol Rnandal A&WI)N | Rmkled | Pr vloirsly | ||||||
| (SMAI | Calngmy | ~mount (or | »ported for | Inooase/ | ||||
| Surltrec+ Ilicoiiio SEltpwmkuiw | 14low | 1021 | 3812 | (deeense) | ||||
| Total Nconle end endowmtrai Total cvpendklrfe |
Iilcoinc (spasms |
2,187,631 615,716 |
2,190,100 63S225 |
(2.465) 2,479 |
||||
| Nel Income | 1.151389 | 1,551,375 | 14 | |||||
| fund Sciences at Ilan»ay 1022 | Rmtnes | 2 77 |
2,519.485 | |||||
| fund Satsnces at 31Deccmber 2022 |
3J)41.966 | 4,07L36D | 223.3M | |||||
| 14Once lhset | ||||||||
| Feed Aiscti furrerc ibsen |
fired Asset &Nitnl A$$tt |
2.226,744 1.639,MS |
2,449,170 1,639.967 |
(222,426) (SM) |
||||
| Udulilkrl | Uawlrues | M 76 |
)7,777 | |||||
| Net Asicls | 3 1966 |
4.07L360 | ||||||
| Fund Bckncm sl 31Dc&ember 2022 | 32t4'l,M6 | OAT).TM | 223,30C | |||||
| Rcikled | Picvlousk | |||||||
| Ret no: 3022Prior Yearcomprmtor kern restated 41 Assets Under Conslnk40n Coil 3IDec 2022 4.) Roslnctod Bvkhng Aesevea Opening belanco 2022 4.) Motor Vahkle Assai Coil i Jen 2023 44 Motor vtlsdo~Oepenshm I Jan 2023 4.1 Support Ones - epic&ate» 6impmmeR loss ~ 6 Tangibk Fowl Assets capel Funas - IJM )I122 ~.I ITEqulpmenl Assai Coal - I Jan 2023 4 8 ITEquip Accumeahld Dcpeoekm ~ I Jsn 2023 |
Hied Aiset Reserves fkCd AVICI fwed ruiel E penses Rcimv\s Fir&ed Asset fired inset |
amount fw 1022 f 1,47I,523 I.D55.5S9 3,850 2Mi 251.582 755,221 Q,6I8 S,I31 |
repwted fwr 1022 I 1,893,903 I377,MI 3,997 3.202 25I,577 755,257 7327 S.IWI |
lncreoie/ (decreese) 1 (222380) (222.382) (317) (271) (l5) (46) E.ioi (2,1$I1 1011Note Nwnbw ID 16 10 10 7b IS ID ID |
Ad)uit Iype PYA PYA PYA PYA PYA PYA Redass Reels» |
|||
| ~.9 Oanlwocm CAP Centre Reseve Dpeninp Balance 2022 4.10 UnnNhleNSGNWal Fund TONI CI04»p Bakmca 2022 ~.11 Cwnwl 4sens ~othef deblofs C.M Uablmies fahing due after oneyen 4.11cash N owlk 6 In Hand ~ Dperaaflg Nxowrt ~.14 Cash ol Bank lkmk deposas (In&AIOIN Reseva Acct) |
Rc»nni Roicrvti IA«l uslnlclci &uiit rl Asitt 0il I AiiCI |
Q.3M M5,450 0 100 17II,1M I,435.422 |
I2258 103,527 0 III,MS 1,430.723 |
l2.807) I,M2 (MB) loo 4 300 (4.301) |
16 IS 12 15 13 13 |
Rt&I4$i PYA/Rcclaii PYA PYA Rcda» Rcdass |
||
| ~.15Dcnahone Nld Qlhs 4.15Graros payable .chrlsliare Ageiml Poverty ~.17grenlwood CAP Ccnlie Transfe» in Ymr |
Irlconlc Erpmues R«cwcs |
SKI.OID 0 2,400 |
390.Ill 2 4QQ ) |
IS,101) (2,NAI) 2.400 |
Se 7& I8 |
hades Redass Recta» |
||
| 4,13Srenlwoed CAP Centie tncemng Rmeur&el 4.19Cash Flaw - Cash m hand 4 20Cash flow ~ Notke ilepollli 4.210&he Income A22 Income from Ce Padlns 023Invaslmmn Income |
Rest»as Memo Memo Ihcoriie Interne In&crit& |
32.73e &I4 I.BII.MD l54 SM 945 |
35138 Iso ros 0 1285 0 5S(I |
(2.NN) (I Bl I,MI) (\ Bit,SQD) (7,131) 300 387 Crtor Cmh |
16 R fh Sa Sa Sb r«ns Nn |
Recta» o RCCI4IS Aeckis RtC4si |
||
| ~.24 IhcoNc fioiir ckrrltoblc s¨ci | Iircorirc | 2.950 | 1.NN | 2$0 | Sa | Rocleii | ||
| «25 interne frmil rdattd &hauls 626Euppon mats ~ Chw&h Admlnhtrat ion 1.27Gmras iclcivtil reN&lcicd ln&ofin' ~.28Dirae coils ~ SION renunciation 4 29iuppwt costs Elaff remuneration |
IIICO&OC Espcrues In&oiiic Espem» Mperlsti |
S.DM 13.543 303.221 103.73I 72,NNI |
0 I3,60'I 290,S21 11$,711 0 |
S.MO (64) 3,700 (72.98&) 72.NN |
Sa 7b 5b Ta Tb |
Rt&4$$ Reck» Rcc4» Reck» Reclesi |
||
| 4,300lreo Nnls ~Other cmk 4,31Nrppoil C0$ts FINdrelilrlg &islh ~.3)Employmcnl benefih lo1stnwegmnenl 41D22 ~3)Cash Row Olmfcnd, Interest/iwh from eveilnitnls |
Erperues frpamtS Memo Mmno |
153 M M,ims 045 |
n3 0 05324 0 |
(80) M (3,IIB) M5 c4ill |
79 Tb n ma NCNs |
Rccf41$ Redo» ~ N re c |
| Nobk | lu the Accounk | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| year Ended | 31Oeamiber 2023 | |||||||||
| 7 | char bable AmktUCI continued |
u | N I~ |
|||||||
| Grants payobla un ac!rktad | Inilriulloru | ladsnduak | 2023 | Insuhmlan | 2INT | |||||
| 1 | I | 1 | f | I | I | |||||
| Giants II,SN |
5IN | 0 | 505 | 104 | 0 | 104 | ||||
| WycbNe me Caoege | 4,2N | 0 | 4,2N | 16.200 | 0 | I6,2N | ||||
| Schook Chris tun Worker Trwl | 2,600 | 0 | 2,600 | 3.600 | 0 | 3.GN | ||||
| 5lcnd SyMc Oink ink Agalrrsl puveny |
3.000 0 |
0 | 3,000 0 |
3.0N 0 |
0 0 |
3,000 0 |
||||
| Altbude Church | 3.600 | ii | 3.6IN | 4.800 | 0 | 4/00 | ||||
| lose Age or dos | 0 | T.NS | 2,995 | 0 | IS,NO | 15,NO | ||||
| PegST Rdberls Rclkcca Riaw Cave 8 Mary Scckenham |
0 0 0 |
1,000 IARN I,SOO |
IARXI IARN IANO |
0 0 0 |
I.ON INSO 1.350 |
1,000 1,350 1.350 |
||||
| cksendra Ikreca | 0 | 5,992 | S,S92 | 0 | 3.681 | 3.6SI | ||||
| Teen Omgenge | 0 | 0 | 0 | 700 | 0 | 700 | ||||
| Gmnts payable unrestrkted | 13507 | 27492 | 28~IN | 22 331 | 50785 | |||||
| Grants IIONoif50Sin2013represent |
the nel | book vsme olrued Amm fouipmenl | donated lo a | localchurch | ||||||
| d | Grank payabh rostrktod | Insulukoru | I dwduels | 2023 | liumulroel | Indnldusk | 2022 | |||
| I | f | f | f | |||||||
| Rebecca Racy Cpve 0 Mary Seckcnham |
625 701 |
625 701 |
0 0 |
6,250 | 6,150 0 |
|||||
| lose Aguermu | 781 | 78! | 0 | 0 | 0 | |||||
| Oleksamlra Sereca |
1,981 | 1,983 | 0 | 600 | 600 | |||||
| food 3 Winter Warmth | support | 2,7N | 2,760 | 0 | 0 | 0 | ||||
| Bhlopla Trip | 3,750 | 3,750 | 0 | 0 | 0 | |||||
| Funeralasslstance | 1/44 | IA44 | 0 | 0 | 0 | |||||
| Summer Camp | I,\79 | 1.579 | 0 | 0 | 0 | |||||
| AUG (InternatlonalreStiappeals) |
0 | 10,614 | 5,143 | 0 | 5.143 | |||||
| CAI' Clenl bankruptcy Iee |
630 | 680 | 0 | 0 | 0 | |||||
| Stand Sy Me Chmkv | 0 | 220 | 0 | 0 | 0 | |||||
| Suedmg OebbrlMtor (Note |
161 | 0 | 750 | 0 | 0 | 0 | ||||
| TrenUine pannushlp Ikule 17b) |
0 | 0 | MON | 0 | 20000 | |||||
| Grants payakc fcsrriclcd | 11584 | 14ISI | 25,767 | 2S143 | 6,050 | 31993 | ||||
| Grants payable rcslrlctml/unreslrklcd | 27 76S | 53259 | 53947 | 29A31 | 82 770 |