| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 7 | to | 8 | |
| Notes to the Financial Statements | 9 | to | 15 | |
| Detai)ed Statement ofFinancial Activities | 16 | to | 17 |
| 31.3.23 | 31.3,22 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | ||||||||
| INCOME | AND ENDOWMENTS | FROM | ||||||
| Donations | and legacies | 80,077 | 5,580 | 85,657 | 88,252 | |||
| Charitable | activities | |||||||
| Voluntary | Income | (180) | 4,226 | 4,046 | ||||
| Other trading activities | 6,720 | 6,720 | 8,688 | |||||
| Investment | income | 136 | 136 | 4 | ||||
| Total | 86,753 | 9,806 | 96,559 | 96,944 | ||||
| EXPENDITURE ON | ||||||||
| Charitable | activities | |||||||
| Direct Church Expenses | 60,748 | 6,733 | 67,481 | 63,787 | ||||
| Governance | costs | 960 | 960 | 816 | ||||
| Total | 61,708 | 6,733 | 68,441 | 64,603 | ||||
| NET INCOME | 25,045 | 3,073 | 28,118 | 32,341 | ||||
| Transfers | between funds |
16 | (989) | 989 | ||||
| Net movement in funds |
24,056 | 4,062 | 28,118 | 32,341 | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds | brought forward |
424/01 | 3%806 | 428,107 | 395,766 | |||
| TOTAL FUNDS CARRIED FORWARD | 448457 | 7,868 | 456,225 | 428,107 |
| 31.3.23 | 31.3,22 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | I I | 329,797 | 329,797 | 347,713 | |
| CURRENT ASSETS | |||||
| Debtors | 12 | 33,452 | 33,452 | 68,747 | |
| Cash at bank and in hand | 86,069 | 7,86$ | 93,937 | 51,784 | |
| 119%521 | 7,868 | 127489 | 120,53I | ||
| CREDITORS | |||||
| Amounts falling due within one year |
13 | (961) | (961) | (40,137) | |
| NET CURRENT ASSETS | 118,560 | 7%868 | 126%428 | 80,394 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 448457 | 7,86$ | 456,225 | 428,107 | |
| NET ASSETS | 448457 | 7,868 | 456,225 | 428,107 | |
| FUNDS | 16 | ||||
| Unrestricted funds: |
|||||
| General Funds | 114%964 | 90,908 | |||
| Capital Fund | 308,393 | 308,393 | |||
| Contingency Fund |
25,000 | 25,000 | |||
| 44$,357 | 424,301 | ||||
| Restricted funds: | |||||
| Sisters | 3,139 | 1,807 | |||
| Brothers | 491 | ||||
| Drop In Centre | 38 | ||||
| Young People | 102 | 623 | |||
| Junior Sunday School | 946 | 855 | |||
| Carers Group | 30 | ||||
| Sunflower Berevement | 347 | ||||
| Earthquake fund |
1,175 | ||||
| Helping Hand Fund |
$23 | ||||
| Minibus | 1,298 | ||||
| 7,86$ | 3,806 | ||||
| TOTAL FUNDS | 456,225 | 428,107 |
| Freehold property | 2%on cost |
|---|---|
| Improvements to property |
10%on cost |
| Fixtures and fittings | 25%on reducing balance |
| Motor vehicles | 25%on reducing balance |
| for the | Year Ended 31March | 2023 | |||||
|---|---|---|---|---|---|---|---|
| 2. | DONATIONS | AND LEGACIES | |||||
| 31.3.23 | 31.3.22 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Tithes and offerings | 69,559 | 69,559 | |||||
| Gift aid tax | refunds | 1,476 | 1,476 | 18,941 | |||
| Other gifts and | donations | 9,042 | 5,580 | 14,622 | 69,311 | ||
| $0,077 | 5/80 | 85,657 | 8$,252 | ||||
| 3. | OTHER TRADING ACTIVITIES | ||||||
| 31.3.23 | 31.3.22 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| f | |||||||
| Other sundry | income | 6,720 | 6,720 | 8,688 | |||
| 4. | INVESTMENT INCOME | ||||||
| 31.3.23 | 31.3.22 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Deposit account interest | 136 | 136 | 4 | ||||
| 5. | INCOME FROM CHARITABLE ACTIVITIES | ||||||
| 31.3.23 | 31.3.22 | ||||||
| Activity | |||||||
| Minibus | Voluntary | Income | 4,046 | ||||
| 6. | CHARITABLE ACTIVITIES COSTS | ||||||
| Direct | |||||||
| Costs (see | Support | ||||||
| note 7) | costs | Totals | |||||
| Direct Church Expenses | 67,481 | 67,4$1 | |||||
| Governance | costs | 960 | 960 | ||||
| 67,481 | 960 | 68,441 |
| DIRECT COSTS OFC | HARITABLE ACTIVITIES | ||
|---|---|---|---|
| 31.3.23 | 31.3.22 | ||
| f | |||
| Depreciation | 17,916 | 18,319 | |
| Maintenance and security |
4,506 | 3,808 | |
| Ministry gifis and costs |
6,980 | 2,834 | |
| Heat, light and water | 5,618 | 6,716 | |
| Insurance | 3,662 | 6,587 | |
| Office costs | 1/63 | 168 | |
| Cleaning and hygiene |
7,629 | 5,135 | |
| Bank charges | I/77 | 709 | |
| Gifts and donations | 1,806 | 100 | |
| Media equipinent | 2,107 | 11,647 | |
| Travel and transport | 2,748 | 1,079 | |
| Professional costs and registrations |
Ii836 | 70 | |
| Telephone and postage |
1,286 | 849 | |
| Refreshments and hospitality |
3,891 | 1,261 | |
| Sundry | 719 | 75 | |
| Sisters | 1,070 | 900 | |
| Brothers | 1,169 | 63 | |
| Drop In Centre | 1,062 | 961 | |
| Young People | 520 | 206 | |
| Helping hand fund | 164 | ||
| Interest payable and similar charges | 252 | 2,300 | |
| 67,481 | 63,787 | ||
| NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) | is stated after charging/(crediting): | ||
| 31.3.23 f |
31.3.22 | ||
| Independent examiner |
960 | 816 | |
| Depreciation - owned assets | 17,916 | 18,319 |
| 10. | COMPARATIVES FOR THE STATEMENT | COMPARATIVES FOR THE STATEMENT | COMPARATIVES FOR THE STATEMENT | OF FINANCIAL | ACTIVITIES | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
86,969 | 1,283 | 88,252 | ||||
| Other trading activities | 8,688 | 8,688 | |||||
| Investment income |
4 | 4 | |||||
| Total | 95,661 | 1,283 | 96,944 | ||||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Direct Church Expenses | 61,657 | 2,130 | 63,787 | ||||
| Governance costs |
816 | 816 | |||||
| Total | 62,473 | 2,130 | 64,603 | ||||
| NET INCOME/(EXPENDITURE) | 33,188 | (847) | 32,341 | ||||
| Transfers between funds |
(1,1lo) | 1,1lo | |||||
| Net movement in funds |
32,078 | 263 | 32,341 | ||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought forward |
392,223 | 3,543 | 395,766 | ||||
| TOTAL FUNDS CARRIED FORWARD | 424,301 | 3,806 | 428,107 | ||||
| 11. | TANGIBLE FIXEDASSETS | ||||||
| Improvements | Fixtures | ||||||
| Freehold | to | and | Motor | ||||
| property | property | fittings | vehicles | Totals | |||
| COST | |||||||
| At 1 April 2022 and |
|||||||
| 31 March 2023 | 433,496 | 80@33 | 22,184 | 10,766 | 5461779 | ||
| DEPRECIATION | |||||||
| At 1 April 2022 | 95@70 | 75,595 | 20,741 | 7/60 | 199,066 | ||
| Charge for year | 8,670 | 8,033 | 361 | 852 | 17,916 | ||
| At 31 March 2023 | 104,040 | 83,628 | 21,102 | 8,212 | 216,982 | ||
| NET BOOK VALUE | |||||||
| At 31 March 2023 | 329,456 | (3,295) | 1,082 | 2,554 | 329,797 | ||
| At 31 March 2022 | 338,126 | 4,738 | 1,443 | 3,406 | 347,713 |
| 31.3.23 | 31.3.22 | ||||||
|---|---|---|---|---|---|---|---|
| f, | |||||||
| Gift Aid | 33,452 | 68,747 | |||||
| 13. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | |||||
| 31.3.23 | 31.3.22 | ||||||
| f | |||||||
| Bank loans and overdrafts | (see note 14) | 39,320 | |||||
| Accruals and deferred | income | 961 | 817 | ||||
| 961 | 40,137 | ||||||
| 14. | LOANS | ||||||
| An analysis ofthe maturity | ofloans is given below: | ||||||
| 31.3.23 | 31.3.22 | ||||||
| Amounts falling due within |
one year on demand: | ||||||
| Bank loans | 39,320 | ||||||
| 15. | SECURED DEBTS | ||||||
| Bank loans are secured | over the freehold property, | ||||||
| 16. | MOVEMENT IN FUNDS | ||||||
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1.4.22 | in | funds | funds | 31.3.23 | |||
| Unrestricted funds |
|||||||
| General Funds | 90,908 | 25,045 | (989) | 114,964 | |||
| Capital Fund | 308493 | 308,393 | |||||
| Contingency Fund |
25,000 | 25,000 | |||||
| 424,301 | 259045 | (9$9) | 448857 | ||||
| Restricted funds |
|||||||
| Sisters | 1,807 | 1/32 | 3,139 | ||||
| Brothers | 491 | (560) | 69 | ||||
| Drop In Centre | ($82) | 920 | 38 | ||||
| Young People | 623 | (521) | 102 | ||||
| Junior Sunday School | 855 | 91 | 946 | ||||
| Carers Group | 30 | (30) | |||||
| Sunflower Berevement |
347 | 347 | |||||
| Earthquake fund |
1,175 | 1,175 | |||||
| Helping Hand Fund | 793 | 30 | 823 | ||||
| Minibus | 1@98 | 1/98 | |||||
| 3,806 | 3,073 | 989 | 7,868 | ||||
| TOTAL FUNDS | 428,107 | 28,118 | 456,225 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||
| Unrestricted | funds | |||||
| General Funds | 86,753 | (61,708) | 25,045 | |||
| Restricted funds |
||||||
| Sisters | 2,402 | (1,070) | 1,332 | |||
| Brothers | 609 | (1,169) | (560) | |||
| Drop In Centre | 180 | (1,062) | (882) | |||
| Young People | (I) | (520) | (521) | |||
| Junior Sunday | School | 91 | 91 | |||
| Sunflower Berevement |
347 | 347 | ||||
| Earthquake fund |
1,175 | 1,175 | ||||
| Helping Hand | Fund | 957 | (164) | 793 | ||
| Minibus | 4,046 | (2,748) | 1,298 | |||
| 9,806 | (6,733) | 3,073 | ||||
| TOTAL FUNDS | 96/59 | (68,441) | 28,118 | |||
| Comparatives | for movement | in funds | ||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.21 | in funds | funds | 31.3.22 | |||
| Unrestricted | funds | |||||
| General Funds | 206,769 | 33,188 | (149,049) | 90,908 | ||
| Capital Fund | 160,454 | 147,939 | 308,393 | |||
| Contingency Fund |
25,000 | 25,000 | ||||
| 392,223 | 33,188 | (1,110) | 424,301 | |||
| Restricted funds | ||||||
| Sisters | 2,233 | 128 | (554) | 1,807 | ||
| Brothers | 465 | (63) | 89 | 491 | ||
| Drop In Centre | (711) | 711 | ||||
| Young People | 583 | (206) | 246 | 623 | ||
| Junior Sunday | School | 262 | 5 | 588 | 855 | |
| Carers Group | 30 | 30 | ||||
| 3,543 | (847) | 1,110 | 3,806 | |||
| TOTAL FUNDS | 395,766 | 32,341 | 428,107 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| f, | ||||
| Unrestricted | funds | |||
| General Funds | 95,661 | (62,473) | 33,188 | |
| Restricted funds |
||||
| Sisters | 1,028 | (900) | 128 | |
| Brothers | (63) | (63) | ||
| Drop In Centre | 250 | (961) | (711) | |
| Young People | (206) | (206) | ||
| Junior Sunday | School | 5 | ||
| 1/83 | (2,130) | (847) | ||
| TOTAL FUNDS | 96,944 | (64,603) | 32,341 |
| for the Year Ended 3 | 1March 2023 | |
|---|---|---|
| 31.3.23 | 31.3,22 | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Tithes and offerings | 69,559 | |
| Gift aid tax refunds | 1,476 | 18,941 |
| Other gifts and donations | 14,622 | 69,311 |
| $5,657 | 88+52 | |
| Other trading activities | ||
| Other sundry income | 6,720 | 8,688 |
| Investment income |
||
| Deposit account interest | 136 | |
| Charitable activities |
||
| Minibus | 4i046 | |
| Total incoming resources |
96,559 | 96,944 |
| EXPENDITURE | ||
| Charitable activities |
||
| Depreciation | 17,916 | 18,319 |
| Maintenance and security |
4,506 | 3,808 |
| Ministry gifts and costs | 6,980 | 2,834 |
| Heat, light and water | 5,61$ | 6,716 |
| Insurance | 3,662 | 6,587 |
| Office costs | 1+63 | 168 |
| Cleaning and hygiene |
7,629 | 5,135 |
| Bank charges | 1$,77 | 709 |
| Gifts and donations | 1,806 | 100 |
| Media equipment | 2,107 | 11,647 |
| Travel and transport | 2,74$ | 1,079 |
| Professional costs and registrations |
1,$36 | 70 |
| Telephone and postage |
1/$6 | 849 |
| Refreshments and hospitality |
3,891 | 1,261 |
| Sundry | 719 | 75 |
| Sisters | 1,070 | 900 |
| Brothers | 1,169 | 63 |
| Drop In Centre | 1,062 | 961 |
| Young People | 520 | 206 |
| Helping hand fund |
164 | |
| Bank loan interest | 252 | 2,300 |
| 67,481 | 63,787 |
| 31.3.23 | 31.3.22 | ||
|---|---|---|---|
| Support costs | |||
| Governance | costs | ||
| independent | examiner | 960 | 816 |
| Total resources | expended | 68,441 | 64,603 |
| Net income | 28,118 | 32,341 |