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||||||Page|
|---|---|---|---|---|---|
|Reference and Administrative||Details ofthe Charitable|Company,|its Trustees and||
|Advisers||||||
|Trustees'
Report|||||2-7|
|Independent
Examiner's|Report|||||
|Statement of Financial Activities||||||
|Balance Sheet|||||10|
|Statement ofCash Flows||||||
|Notes to the Financial Statements|||||12-28|
|REFERENCE AND|REFERENCE AND|ADMINISTRATIVE
DETAILS OF THE CHARITABLE COMPANY, ITSTRUSTEES AND|ADMINISTRATIVE
DETAILS OF THE CHARITABLE COMPANY, ITSTRUSTEES AND|ADMINISTRATIVE
DETAILS OF THE CHARITABLE COMPANY, ITSTRUSTEES AND|
|---|---|---|---|---|
||||ADVISERS||
|||FOR THE YEAR ENDED 31||MARCH 2022|
|Trustees||Rt Revd Mgr K Newton|||
|||Very Revd D Wailer|||
|||Revd D Lashbrooke|||
|||Revd J Redvers-Harris|||
|||Revd C Pearson|||
|||Revd C Lindlar|||
|||Revd A Starkie|||
|||Revd M Halsall|||
|||Revd SChinery|||
|||Revd J Bradley|||
|||Revd S Ellis|||
|||Revd Paul Simon Burch (appointed||20 July 2021)|
|Company|registered||||
|number||07582943|||
|Charity registered
number||1141536|||
|Registered|office|24 Golden Square|||
|||London|||
|||W1F9JR|||
|Company|secretary|Mr C Woodman|||
|Accountants||MHA Maclntyre|Hudson||
|||Chartered
Accountants|||
|||Statutory Auditors|||
|||Building 4|||
|||Foundation
Park|||
|||Roxborough
Way|||
|||Maidenhead|||
|||Berkshire|||
|||SL63UD|||
|Bankers||HSBC Bank pic|||
|||16King Street|||
|||Covent Garden|||
|||London|||
|||WC2E 8JF|||
|Investment|Advisors|Rathbones|||
|||1 Curzon Street|||
|||London|||
|||W1J 5FB|||
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2022|2022|2022|2021|
||||Note|||f.||
|Income from:||||||||
|Donations
and|legacies|||696,622|28,435|725,057|602,231|
|Other trading
activities||||67,360||67,360|28,692|
|Investments||||51||51|392|
|Total income||||764,033|28,435|792,468|631,3'l5|
|Expenditure
on:||||||||
|Raising funds||||7,969|1„500|9,469|12,563|
|Charitable
activities||||459,275|23,585|482,860|509,058|
|Total expenditure||||467,244|25,085|492,329|521,621|
|Net movement|in funds|||296,789|3,350|300,139|'l09,694|
|Reconciliation|offunds:|||||||
|Total funds brought||forward||1,261,622|104,140|1,365,762|1,256,068|
|Total funds carried forward||||1,558,411|107,490|1,665,901|1,365,762|
##
|||||BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|---|---|---|---|
|||||AS AT 31 MARCH 2022|||||
|||||||2022||2021|
|||||Note||E|||
|Fixed assets|||||||||
|Tangible assets||||10||573,319||583,639|
|||||||573,319||583,639|
|Current assets|||||||||
|Debtors|||||285,585||5,620||
|Cash at bank|and|in|hand||814,043||795,961||
||||||1,099,628||801,581||
|Creditors: amounts|||falling due within one||||||
|year||||12|(7,046)||(19,458)||
|Net current|assets|||||1,092,582||782,123|
|Total net assets||||||1,665,901||1,365,762|
|Charity funds|||||||||
|Restricted funds||||||107,490||104,140|
|Unrestricted|funds|||||1,558,411||1,261,622|
|Total funds||||||1,665,901||1,365,762|
##
||||2022|2021|
|---|---|---|---|---|
||||f.||
|Cash flows from operating|activities||||
|Net cash used
in operating|activities (note 15)||22,84?|113,176|
|Cash flows from investing|activities||||
|Purchase oftangible
fixed assets|||(4,765)|(15,825)|
|Net cash used in investing|activities||(4,765)|(15,825)|
|Cash flows from financing|activities||||
|Net cash provided
by financing
activities|||||
|Change
in cash and cash|equivalents
in|the year|18,082|97,351|
|Cash and cash equivalents|at the beginning|ofthe year|795,96'll|698,610|
|Cash and cash equivalents|at the end of|the year (note 16)|814,043|796,961|
|The notes on pages 12to 28 form part ofthese financial statements|||||
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|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2022|2022|2022|
||||||F||
||Donations|||362,317|18,435|3&0,?52|
||Legacies|||317,020||317,020|
||Grants|||17,285|10,000|2?,285|
|||||696,622|28,435|725,057|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2021|2021|2021|
|||||E|||
||Donations|||391,160|15,838|406,998|
||Legacies|||136,052||136,052|
||Grants|||51,681|?,500|59,181|
|||||5?8,893|23,338|602,231|
|4.|Income from trading|activities|||||
||income from fundraising||events||||
|||||Unrestricted|Total|Total|
|||||funds|funds|funds|
|||||2022|2022|2021|
|||||E|F||
||Fundraising|||67,360|67,360|28,692|
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2021|
|||F|F|E|
|Bank interest receivable||11|11|7|
|Investment|income|40|40|385|
|||51|51|392|
##
|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2022|2022|2022|
|||||F||F|
|Expenditure|on raising|voluntary|income|2,368|1,500|3,868|
|Wages and|salaries|||5,601||5,601|
|||||7,969|1,500|9,469|
|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2021|2021|
|||||E||
|Expenditure|on raising|voluntary|income|6,995|6,995|
|Wages and|salaries|||5,568|5,568|
|||||12,563|12,563|
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|||Total|Total|
|---|---|---|---|
|||funds|funds|
|||2022|2021|
|Depreciation||15,085|14,131|
|Formation||16,848|7,867|
|Allowances||192,8?9|232,052|
|Travel and|subsistence|29,9?8|13,756|
|Portal magazine||8,110|6,031|
|Worship||5,293|24,569|
|Living and|premises expenses|94,813|71,470|
|Third party|donations|23,010|58,527|
|Personnel|costs|?,1?3|7,'/73|
|Fundraising|and shop expenditure|23,9?8||
|||41?,16?|435,576|
##
|||Total|Total|
|---|---|---|---|
|||funds|funds|
|||2022|2021|
|||E|E|
|Staff costs||25,004|30,231|
|Office and communication||18,661|17,024|
|Legal and sundry||3,649|7,144|
|Bank charges|and interest|5,680|4,660|
|Governance|costs|12,699|14,423|
|||65,693|73,482|
##
##
|Net Income/{Expenditu|re|)|||
|---|---|---|---|---|
||||2022|2021|
|Operating
lease rentals|||23,731|9,600|
|Depreciation
oftangible||fixed assets:|||
|Owned
by the charity|||15,085|14,131|
|Auditor's
remuneration|-|audit||10,050|
|Independent
examination||8 non-audit|7,720|2,400|
##
|Staff c|osts|||
|---|---|---|---|
|||2022|2021|
|Wages|and salaries|30,282|35,4?8|
|Pension|costs|323|321|
|||30,605|35,?99|
|2022|2021|
|---|---|
|No.|No.|
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##
||Freehold|Office||
|---|---|---|---|
||property|equipment|Total|
|||P||
|Cost or valuation||||
|At 1 April 2021|649,252|32,768|682,020|
|Additions||4,765|4,765|
|At 31 March 2022|649,252|37,533|686,785|
|Depreciation||||
|At 1 April 2021|67,046|31,335|98,381|
|Charge for the year|12,986|2,099|15,085|
|At 31 March 2022|80,032|33,434|113,466|
|Net book value||||
|At 31 March 2022|569,220|4,099|573,319|
|At 31March 2021|582,206|1,433|583,639|
##
|||2022|2021|
|---|---|---|---|
|Due within one year||||
|Other debtors||1,242|3,273|
|Prepayments|and deposits|3,643|2,347|
|Legacies receivable||280,700||
|||285,585|5,620|
##
|||2022|2021|
|---|---|---|---|
|Other taxation and social security||??6|768|
|Accruals and deferred|income|6,2?0|18,690|
|||?,046|19,458|
##
##
|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at 1|||Transfers|31 March|
|||April 2021|Income|Expenditure|in/out|2022|
|||F|||E|F|
|Unrestricted
funds|||||||
|Designated
funds|||||||
|Fixed asset fund||583,639||(15,085)|4,765|573,319|
|Ordinary's
mission|fund|50,000||||50,000|
|Formation
fund||30,000||||30,000|
|||663,639||(15,085)|4,765|653,319|
|General funds|||||||
|General Funds||597,983|764,033|(452,159)|(4,765)|905,092|
|Total Unrestricted|funds|1,261,622|764,033|(467,244)||1,558,411|
|Restricted funds|||||||
|Music fund||4,000|6,010|(3,780)||6,230|
|Family fund||25,193|3,812|(4,495)||24,510|
|Formation
fund||74,947|18,613|(16,810)||76,750|
|||104,140|28,435|(25,085)||107,490|
|Total offunds||1,365,762|792,468|(492,329)||1,665,901|
##
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|Statement offund|s - prior y|ear|||||
|---|---|---|---|---|---|---|
|||||||Baiance at|
|||Balance at|||Transfers|31March|
|||1April 2020|Income|Expenditure|inlout|2021|
|||||E||E|
|Unrestricted
funds|||||||
|Designated
funds|||||||
|Fixed asset fund||58'/, 944||(14,131)|15,826|583,639|
|Ordinary's
mission|fund||||50,000|50,000|
|Formation
fund|||||30,000|30,000|
|||581,944||(14,131)|95,826|663,639|
|General funds|||||||
|General Funds||580,589|607,977|(494,757)|(95,826)|597,983|
|Total Unrestricted|funds|1,162,533|607,977|(508,888)||1,261,622|
|Restricted funds|||||||
|Music fund||4,000||||4,000|
|Family fund||19,9'/5|8,778|(3,500)||25,193|
|Formation
fund||69,620|14,560|(9,233)||74,947|
|||93,535|23,338|(12,733)||104,140|
|Total offunds||'l,256,068|631,3'/5|(52'l,621)||1,365,762|
##
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||Analysis of ne|t asse|ts between|funds - current year|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2022|2022|2022|
|||||F|E||
||Tangible fixed|assets||573,319||573,319|
||Current assets|||992,138|107,490|1,099,628|
||Creditors due within one year|||(7,046)||(7,046)|
||Total|||1,558,411|107,490|1,665,901|
||Analysis of net assets between|||funds - prior year|||
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2021|202'l|2021|
|||||E|E||
||Tangible fixed|assets||583,639||583,639|
||Current assets|||697,441|104,140|801,581|
||Creditors due|within one year||(19,458)||(19,458)|
||Total|||1,261,622|104,140|1,365,762|
|15.|Reconciliation|of net movement||in funds to net cash flow from operating|activities||
||||||2022f|2021|
||Net income for the year (as per Statement
of Financial Activities)||||300,139|109,694|
||Adjustments|for:|||||
||Depreciation
charges||||15,085|'/4, 130|
||Decrease/(increase)||in debtors||(279,966)|497|
||Decrease
in creditors||||(12,411)|(11,145)|
||Net cash provided||by operating|activities|22,847|113,176|
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