Charity number: 1141361
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
CONTENTS
| Page | |
|---|---|
| Reference and Administrative Details of the Charity, its Trustees and Advisers | 1 |
| Trustees' Report | 2 - 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 - 15 |
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2022
Trustees
Joseph Oluwafemi Ogunya Samson Rai Unyime John Matthew Keith Bishton
Charity registered number
1141361
Principal office
18 Digbeth Birmingham B5 6BJ
Page 1
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022
The Trustees present their annual report together with the financial statements of the POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH for the year 1 January 2022 to 31 December 2022.
The Charitable Trust is constituted by Constitution and its objects are to promote the Christian faith through worship. In order to do this, regular activities are carried out and Invitations given out to the public.
The current Board of Trustees constitutes four members and is chaired by Pastor Joseph Ogunya. He is also responsible for the day to day operation of the charity and manages the staff of the charity on behalf' of the Board.
Finances are currently raised purely from the congregation's contributions and Gift Aid.
The Other Trustees named In the Notes to the Accounts have served throughout the year. Appointment of the Trustees is governed by the Constitution of the Charity. The Board of Trustees Is authorized to appoint new Trustees to fill vacancies through resignation or death of an existing trustee until the following AGM, whereupon the members will be invited to vote.
The Trustees retain the collective responsibility for major financial decisions and investments in conjunction with Pastor Joseph Ogunya.
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
Public Benefit
In accordance with Section 4 of the Charities Act 2006, the Trustees have considered the Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. As a result of our faith, we willingly and consistently reach out to welcome visitors to our church. We enable ordinary people to live out their faith as part of our fellowship through worship and prayer, learning about the Gospel and developing their knowledge and trust In Jesus and the challenge to live for God and be obedient to His will for their lives.
As a Christian organisation, our aim is to promote the gospel of Jesus Christ firstly in our local community and the surrounding areas, by church planting and supporting missionary work. We aim to make a positive contribution in our local community by inviting the general public to concert scenes, drama productions, church services, prayer for the sick and youth/children's work.
All these activities are in conjunction with our regular church services. All organised activities and events are of a non-profit basis and are funded by the Church through offering and donations. Concerts, special events and youth drama productions are paid for by the congregation's contributions to contribute to community cohesion among the youths.
Achievements and Performance
The Trustees consider that the stability of the church and the finances received have been satisfactory.
Location
Our regular church services are held at The Potters House, First Floor, Wolverley House, Digbeth, Birmingham on Sunday mornings and evenings and also Wednesday nights. This location is in the heart of Birmingham City attracting a wide range of people which enables the church to have a multicultural feel during our main services and to serve the wider Birmingham metropolitan community.
Evangelism
We outreach in our City Centre every week and sometimes in neighboring areas as part of our evangelistic thrust and also send invasion teams to other churches as the need arises. A big part of this is spreading the Good News of Jesus Christ through community events throughout Birmingham city.
We also conduct free community events and we have seen hundreds of visitors attend as we highlight the dangers affecting our local communities and youth culture showing how the message of hope bring solutions and healing. We continue to send teams of volunteers to other cities where our sister churches are based to help in local evangelism efforts and the results have been great and encouraging.
Children’s Ministry
We are able to provide Sunday school classes for two age groups on Sunday mornings and Children's Church on Sunday mornings and aim to reach out to local families as well. These cater for different age groups and there has been an increase in the number of children attending. Our Sunday school staff are well trained and DBS checked.
Youth Ministry
We continue to seen our Youth Ministry develop and increase throughout the year. This is because of our commitment to invest time and resources into our youth. Our youth group (ages 11 to 19) meets every other Thursday evening. An increase in youth activities generally take place during the holiday periods where some of our youth were involved in the Annual Bootcamp. This helped our youth in their spiritual walk to become better Christians and citizens.
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
The growth of the Birmingham church is largely down to the commitment, conviction and concern of its local members. They continually give up evenings and weekends to reach our community and help stir a number of youth people away from the destructive path and a life of crime.
Church Planting Support
Planting churches has been exciting for our church, currently we have two baby churches in these cities: Liverpool and Gloucester. We are praying and anticipating for a continual move of God in these cities. The Central Birmingham church will continue to provide financial support and spiritual oversight of the new churches.
Financial Review
Overall, we are happy with the increase in the church income. We are pleased that people have been willing to continue to give despite a few individual challenges arising.
We are also happy that our members have a vision for our own church building serving as a settlement location and efforts are being made through a building fund donation for this to come to realization in the future. We would also welcome outside investors willing to help our church with building.
Investment Powers
The Constitution authorises the Trustees to make and hold investments using general Funds of the charity. If such investments are presently held. Approval
This report was approved by the Trustees on 22nd August 2023 and signed on their behalf by the Pastor of the church who chaired the meeting.
Joseph Ogunya
Pastor
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Structure, governance and management
a. Constitution
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH is a registered charity, number 1141361 and is constituted under a Trust deed.
b. Methods of appointment or election of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
Statement of Trustees' responsibilities
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles of the Charities SORP (FRS 102);
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make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 6 October 2023 and signed on their behalf by:
Joseph Oluwafemi Ogunya
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2022
Independent Examiner's Report to the Trustees of POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2022.
Responsibilities and Basis of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Dated: 6 October 2023
Kolade Andrew Alli ACMA
10 Gatcombe Gardens
West End, Hampshire
SO18 3NA
Page 6
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
| Note Income from: Donations and legacies 2 Total income Expenditure on: Charitable activities Total expenditure Net income/(expenditure) Transfers between funds 7 Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Restricted funds 2022 £ 6,406 6,406 - - 6,406 (5,000) 1,406 34,175 1,406 35,581 |
Unrestricted funds 2022 £ 101,463 101,463 115,860 115,860 (14,397) 5,000 (9,397) 10,009 (9,397) 612 |
Total funds 2022 £ 107,869 107,869 115,860 115,860 (7,991) - (7,991) 44,184 (7,991) 36,193 |
Total funds 2021 £ 102,165 |
|---|---|---|---|---|
| 102,165 | ||||
| 93,708 | ||||
| 93,708 | ||||
| 8,457 - |
||||
| 8,457 | ||||
| 35,727 8,457 |
||||
| 44,184 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 9 to 15 form part of these financial statements.
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
BALANCE SHEET AS AT 31 DECEMBER 2022
| Fixed assets Note Current assets Cash at bank and in hand Creditors: amounts falling due within one year 6 Net current assets Total assets less current liabilities Net assets excluding pension asset Total net assets Charity funds Restricted funds 7 Unrestricted funds 7 Total funds |
36,743 36,743 (550) |
2022 £ - 36,193 36,193 36,193 36,193 35,581 612 36,193 |
44,734 44,734 (550) |
2021 £ - 44,184 44,184 44,184 44,184 34,175 10,009 44,184 |
|---|---|---|---|---|
The financial statements were approved and authorised for issue by the Trustees on 06 October 2023 and signed on their behalf by:
Joseph Oluwafemi Ogunya
The notes on pages 9 to 15 form part of these financial statements.
Page 8
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
1. Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
1.2 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
1.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
1.4 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
1. Accounting policies (continued)
1.5 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
1.6 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
2. Income from charitable activities
| 2. Income from charitable activities | |||||
|---|---|---|---|---|---|
| Restricted | Unrestricted funds |
Total Total |
|||
| funds | General | 2022 2021 |
|||
| £ | £ | £ £ |
|||
| Tithes and Offerings | 0 | 80,502 | 80,502 72,084 |
||
| Other Giving | 0 | 7,049 | 7,049 6,761 |
||
| Building Fund Income | 6,139 | 0 | 6,139 10,645 |
||
| Gift Aid tax reclaimed | 0 | 12,158 | 12,158 11,204 |
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| Refunds and Reimbursements | 0 | 1,754 | 1,754 1,471 |
||
| Bank Interest | 267 | 0 | 267 0 |
||
| 6,406 | 101,463 | 107,869 102,165 |
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
3. Expenditure on charitable activities
| 3. Expenditure on charitable activities |
|||||
|---|---|---|---|---|---|
| Restricted | Unrestricted funds |
Total | Total | ||
| funds | General | 2022 | 2021 | ||
| £ | £ | £ | £ | ||
| Wages and salaries | 0 | 20,250 | 20,250 | 17,902 | |
| Staff NIC | 0 | 0 | 0 | 137 | |
| Staff pensions | 0 | 420 | 420 | 385 | |
| Hotel | 0 | 1,510 | 1,510 | 2,811 | |
| Benevolence | 0 | 750 | 750 | 1,151 | |
| Bible Conference | 0 | 1,552 | 1,552 | 2,261 | |
| Books, Media, and Periodicals | 0 | 73 | 73 | 13 | |
| Church Rent | 0 | 15,250 | 15,250 | 15,125 | |
| Other Ministry Expenses | 0 | 7,232 | 7,232 | 1,625 | |
| Church Renovation | 0 | 0 | 0 | 479 | |
| Equipment | 0 | 3,792 | 3,792 | 4,726 | |
| Fellowship | 0 | 953 | 953 | 1,037 | |
| Fellowship Tithe | 0 | 8,175 | 8,175 | 7,160 | |
| Love Offering | 0 | 8,728 | 8,728 | 7,980 | |
| Ministry Meal | 0 | 3,515 | 3,515 | 1,837 | |
| National Church Support | 0 | 1,198 | 1,198 | 0 | |
| Parsonage | 0 | 10,631 | 10,631 | 10,200 | |
| Revival Expenses | 0 | 1,063 | 1,063 | 417 | |
| Sunday School | 0 | 788 | 788 | 760 | |
| Sundries | 0 | 1,679 | 1,679 | 1,458 | |
| Travel and Sunday Car Parking | 0 | 3,570 | 3,570 | 1,120 | |
| Utilities, Rates and Insurance | 0 | 0 | 0 | 4,748 | |
| Minibus, vehicle expenses and hire costs | 0 | 5,263 | 5,263 | 4,760 | |
| Website and other software costs | 0 | 619 | 619 | 1,123 | |
| World Evangelism | 0 | 6,642 | 6,642 | 700 | |
| Bank Charges | 0 | 120 | 120 | 111 | |
| Church Insurance | 0 | 306 | 306 | 302 | |
| Printing, Postage, & Stationery | 0 | 548 | 548 | 878 | |
| Telephone & Internet | 0 | 917 | 917 | 1,157 | |
| Accountancy fees | 0 | 0 | 0 | 0 | |
| Health & Safety | 0 | 509 | 509 | 795 | |
| Independent examiner's fee | 0 | 550 | 550 | 550 | |
| Repairs and maintenance | 0 | 9,257 | 9,257 | 0 | |
| 0 | 115,860 | 115,860 | 93,708 |
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
4. Independent examiner's remuneration
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Fees payable to the Charity's independent examiner for the independent | ||
| examination of the Charity's annual accounts | 550 | 550 |
5. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2021 - £NIL) .
During the year ended 31 December 2022, received remuneration of £ 20,250 (2021 - £17,902 ) in relation to work carried out as pastor of the church. In addition, £10,631 (2021: £10,200) of Parsonage expenses were reimbursed to Joseph Oluwafemi Ogunya during the year for expenses incurred in relation to the daily operations of the church ministry.
6. Creditors: Amounts falling due within one year
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income | 550 | 550 |
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
7. Statement of funds
Statement of funds - current year
| Unrestricted funds General Funds Restricted funds Restricted Fund Total of funds |
Balance at 1 January 2022 £ 10,009 34,175 44,184 |
Income £ 101,463 6,406 107,869 |
Transfers Balance at 31 December Expenditure in/out 2022 £ £ £ (115,860) 5,000 612 - (5,000) 35,581 (115,860) - 36,193 |
|---|---|---|---|
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
7. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted funds General Funds Restricted funds Restricted Fund Total of funds |
Balance at 1 January 2021 £ 12,197 23,530 35,727 |
Income £ 91,520 10,645 102,165 |
Expenditure £ (93,708) - (93,708) |
Balance at 31 December 2021 £ 10,009 34,175 44,184 |
|---|---|---|---|---|
8. Summary of funds
Summary of funds - current year
| General funds Restricted funds |
Balance at 1 January 2022 £ 10,009 34,175 44,184 |
Balance at 31 Transfers December Income £ Expenditure £ in/out £ 2022 £ 101,463 (115,860) 5,000 612 6,406 - (5,000) 35,581 107,869 (115,860) - 36,193 |
|---|---|---|
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK CENTRAL BIRMINGHAM CHURCH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
8. Summary of funds (continued)
Summary of funds - prior year
| General funds Restricted funds |
Balance at 1 January 2021 £ 12,197 23,530 35,727 |
Income £ 91,520 10,645 102,165 |
Balance at 31 December Expenditure £ 2021 £ (93,708) 10,009 - 34,175 (93,708) 44,184 |
|---|---|---|---|
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