2022-08-31-accounts - The Crossing Church (Methodist & United Reformed)

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Regffjtwal Charity Number 1140500 THE CROSSING CHURCH REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 CONTENTS Report of Chur0% Coul1 1-11 IndeFerthnt Examinorfs RÈWI 12 Statamorn of Financlal Actislues 2022 13 Statemgrrt of Fln8n(aal Acuwtsts 2021 14 15 Nts Ifmh9 wl ¢f Ihe financ4 statemfjrrts 1&23 Prei)AfL.d W" Williams Knowles & Co. C.hirrcrL'd ..Iccountanrs

Registered	number: 1140500
Pdncipal address:	Newcastle Street,	Worksop,	Nottinghamshire,		S802AT
Independent	N M Knowles ACA, Williams		Knowles &	Co
Examiner:	Lloyd Chambers,	139Carlton	Road, Worksop,		S81 TAD
Solicitors:	Andrew &Co
	StSwithin's Square, Lincoln,		LN2 1HB
Bankers:	Lloyds Bank
	CAF Bank Limited
	Central Finance Board ofthe		Methodist	Church
Minister:	Rev Julie Coates
Treasurer:	Annette Westerby
Church Council:	Annette Barker
	Iris Franks
	Bob Heathcote
	Jean Roberts
	Anne Taylor
	Nigel Westerby (Resigned January 2022)
	Griff Wynne

Statement ofFinancial Activities (SOFA)	Statement ofFinancial Activities (SOFA)	Statement ofFinancial Activities (SOFA)	for the year ended 31August	for the year ended 31August	2022
		Notes	General Fund	Daalonatad	Rosrrictad	endowment		Total	Total
			Unrastrlctod	Funds	Funds	Funds		2021-22	2020-21
				Unraatrrctad
				F	F
Income
1 Offedngs			28,640					28,640	32,640
2 Donations &Grants		4a	10,596		2,352			12,948	17,726
3 Giftaid			8,661					8,661	9,670
4 Interest and investment	income		183		58		136	377	228
5 Income from investment	properliss
6 Internal organisations									425
7 Other charitable income		4b	68,540	80	309			68,929	37,775
8Total income			1te,e20	80	2,719		136	119,555	98,462
Expenditure
9 Circuit assessment orshare			30,900					30,900	35,015
10Grants and donations									15,728
11 Property maintenance			17,839		9,917			27.756	25,750
12Insurance, utilities etc			19.116					19,116	16,027
13Depreciation			20,161					20,161	20,860
14Offioe expenses			5,537					5,537	4,651
15Other expenditure			35,494	367	662		33	37,556	24,130
16Internal organisations
17Total charitable expenditure			130,047	367	10570		33	141,026	142161
18Gains/(losses) on monetary 19Gains/(losses) on investment		investments properties				(482)		(482)	1,288
20 Net income/(expenditure)			(13,427)	(287)	(7,860)	(379)		(21,953)	(42,411)
21 Transfers between funds			1,137		10,428	(11,565)
22 Other gains/(losses)
23Nst movement in funds	forthe year		(12,200)	(287)	2,568	(11,944)		(21,053)	(42,411)
24Total funds brought fonvard			1,623,833	517	15,192	11,944		1,651,486	1,893,897
25Total funds carried forward			1611,543	230	17,760			1629533	1,651,486

Statement cfFinancial Activities (SOFA)	Statement cfFinancial Activities (SOFA)	Statement cfFinancial Activities (SOFA)	Statement cfFinancial Activities (SOFA)	forthe year ended 31	forthe year ended 31	August 2021	August 2021
			Notes	General	Designated		Restricted	Endowment	Total	Total
				Fund	Funds		Funds	Funds	2020-21	2019-20
				Unrestricted	Unrestricted
					f		f
Income
1 Olierings				32,640					32,640	40,243
2 Donations &Grants				17,445		76	205		17,726	39,805
3 Giitaid				9,670					9,670	10,644
4 Interest and investment	income			Se			26	142	226	436
5 Income from investment	properses
6 Internal organisations				425					425
7 Other charitable income			4b	37,775					37,775	59,142
8Total Income				98,013		76	231	142	98,462	150,270
Expenditure
9 Circuit assessment orshare				35,015					$5,015	45,475
10Grants and donations				15,728					15,728	230
11 Property maintenance				25,750					2S,750	19,154
12Insurance, utilities stc				16,027					16,027	18,630
13Depreciation				20,860					20,860	21,887
14Oflice expenses				4,651					4,651	4,848
15Other expenditure 16Internal organisations				23,989		36	84	21	24,130	35,080
17Total charitable expenditure				142,020		36	84	21	142161	145$04
18Gains/(losses) on monetary 19Gains/(losses) on investment		investments properties						1,288	1,288	(126)
20 Netincome/(expenditure)				(44,007)		40	147	1,409	(42,411)	4,840
21 Transfers between funds				3,746			(3,628)	(118)
22 Other gains/(losses)
23 Net movement In funds	for		the year	(40,261)		40	(3,481)	1,291	(42,411)	4,840
24 Total funds brought forward				1,664,094		477	18,673	10,653	1,693,897	1,689,057
25Total funds carried forward				1,623,833517			15,192	11944	1,651,486	1,69$,897

THE CROSSING CHU	RCH									Ci	rcuit no: 25no 1	9
							Balance Sheet	as at 31August	2022
							GensralFund	Designated	Restricted	Endowment	Totals 2022	Tobds 2021
							(Unfeetnctsd)	Funds	Funds	Funds
						Notes to		IUnrestrietedi
						Aeeounts		2
Fixed Assets
Church buildin snd other		e				12	1507778				1587776	1587937
Invesbnent ro ertss
Invsstmenls						13	1557 778					1~281
btcre and ants						14	17,706				17,706	14,258
ns ths Churches
nvesiments wgh TMCP
antral Finance Board	De	sits					39301		17760		57151	47051
sh at Sank and in hand							12,105				12,425	21,500
Current gabgltles
C it due in unde	1						3423				3423	7911
Total cunent			ltemlhieb		'		3,428					T911
Net cement sssetsdrshggtss							06009	2'0	17700		83859	7 907
Total lass*			lhrggwes
Long term liabilities				due
alter more than one	seri
Grants a abiesfier2021-22
Loans tcthe Church							22 102				2 102	23302
		Netessets					1,011,043		17.780			1.051.408
Funds ofthe Church
General Fund Un slricisd Des' noted Funds Unmsbicbrd						18 10'	1 611543				1,611,543	I62383
Torsi	Vnmetlicted			Funds							1,011773
Restricted Funds											17760	15
Endowment Funds						18			''			11,944
								230	877

8.Other expenditure			Unrestricted	Restricted	Endowment	2022	2021
						Total	Total
						8	8
Cata rent &utilities	write off
Service expenses			491			491	117
Sundries			592		33	1,287	459
Bank charges &interest			149			149	85
FOTC fundraising	costs		1,303			1,303	14
Accountancy			2,166			2,166	2,274
Card sales			513			513	26
Cat&			3,172			3,172	403
CCL Licence			319			319	413
I7&Equipment			2,777			2,777	987
Security Town Radio							355
SECAdmin and management			4,900			4,900	8,400
Caretaker costs			18,006			18,006	9,040
Donafions to external		organisations	2,106			2,106	1,518
Flower fund (designated)			367			367	36
			36,861	662	33	37,556	24,130

10.Fees for examination	ofthe accounts						2022	2021
							Total	Total
							8	8
Independent examiner's	fees for rspor5ng on the accounts						700	700
Other fees for accountancy services paid tcthe independent
examiner							1,488	1,574
11.Staffcaats paid during	the year
Previously the Church did not directly employ		staff, amounts		were paid to			The Crossing SEC
Limited in respect ofmanagemenl and admlnisbstlon,			carelaking		and	deaning.
During the current year	staff have been Irsnsferred to		bs directly		employed		by The Crossing Church.
Gross wages, salaries snd bene5Is In kind							23,615	17,440
The average number of	employees engaged	by the charity amounted				to 3	(2021 - 3).

12.Tangible Fixed	Assets	Church	Fixtures
		Building	flNngs 8
			equipment	Totals
			2	2
COST
At 1September	2021	1,635,164	110,572	1,946,736
Additions
Disposals
At 31August 2022		1,836,164	110,572	1,946,736
ACCUMULATED	DEPRECIATION
At 1September	2021	257,040	101,759	358,799
Charge for ths year		18,360	1,801	20,161
On disposals
At 31August 2022		275,400	103,560	378,960
NET BOOK VALUE
At 31 August 2022		1,560,764	7,012	1,667,776
At 31August 2021		1,579,124	8,813	1,587,937

		2022	2021
		Total	Total
		6	8
Market value brought forward		11,944	15,009
Add: additions to investments	at cost
Less: disposal at carrying value		(11,462)	(4,353)
Net gairu(loss) on revaluation		(482)	1,288
			11,944