| Unrestricted | ||||
|---|---|---|---|---|
| funds | Total funds | Total funds | ||
| 2022 | 2022 | 2021 | ||
| Notes | £ | £ | £ | |
| Income and endowments | ||||
| from: | ||||
| Donations and legacies | 4 | 182.832 | 182,832 | 166,900 |
| Investments | 5 | 5 | 5 | |
| Other | 6 | 18,185 | 18,185 | 37.763 |
| Total | 201,022 | 201,022 | 204,663 | |
| Expenditure on: | ||||
| Raising funds | 7 | 26.289 | 26,289 | 3.563 |
| Charitable activities | 8 | 7,638 | 7,638 | 5,544 |
| Other | 10 | 128,317 | 128.317 | 120.870 |
| Total | 162,244 | 162,244 | 129,977 | |
| Net gains on Investments | ||||
| Net Income | 11 | 38,778 | 38,778 | 74,686 |
| Transfers between funds | ||||
| Net income before other | 38,778 | 38,778 | 74.686 | |
| gains/(losses) | ||||
| Other gains and losses | ||||
| Net movement in funds | 38,778 | 38,778 | 74,666 | |
| Reconciliation of funds: | ||||
| Total funds brought forward | 1,040,343 | 1,040,343 | 965,657 | |
| Total funds carried forward | 1,079,121 | 1,079,121 | 1,040.343 |
| evival Christian Church Of Enfield Summary income and Expenditure Account for the year ended 31 March 2022 |
||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Income | 201,017 | 204.663 |
| Interest and Investment Income | 5 | |
| Gross income for the year | 201,022 | 204.663 |
| Expenditure | 135,800 | 108,010 |
| Interest payable | 19,922 | 19,508 |
| Depreciation and charges for Impairment of fixed assets |
6,522 | 2,459 |
| Total expenditure for the year | 162,244 | 129,977 |
| Net Income before tax for the year | 38,778 | 74,686 |
| Net Income for the year | 38,778 | 74.686 |
| at31March2022 | |||
|---|---|---|---|
| Company No. 07182472 |
Notes | 2022 | 2021 |
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 13 | 1,519,738 | 1,505,935 |
| 1,519,738 | 1,505,935 | ||
| Current assets | |||
| Debtors | 14 | 1,700 | 1.700 |
| Cash at bank and in hand | 28,172 | 65,953 | |
| 29,872 | 67,653 | ||
| Creditors: Amount falling due within one year | 15 | (764) | (3,718) |
| Net current assets | 29,108 | 63,935 | |
| Total assets less current liabilities | 1,548,846 | 1,569,870 | |
| Creditors: Amounts failing due after more than one year | 16 | (469,725) | (529,527) |
| Net assets excluding pension asset or liability | 1,079,121 | 1.040,343 | |
| Total net assets | 1,079,121 | 1,040,343 | |
| The funds of the charity | |||
| Restricted funds | 17 | ||
| Unrestricted funds | 17 | ||
| General funds | 982,292 | 943,514 | |
| 982,292 | 943,514 | ||
| Reserves | 17 | ||
| Revaluation reserve | 96,829 | 96,829 | |
| 96,829 | 96,829 | ||
| Total funds | 1,079,121 | 1,040,343 |
| evival Christian Church Of Enfield tatement of Cash flows for the year ended 31 March 2022 |
||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Cash flows from operating activities Net Income per Statement of Financial Activities |
38,778 | 74,686 |
| Adjustments for Depreciation at property, plant and equipment Dividends, interest and rents from investments (Decrease)Ilncrease in trade and other payables |
6,522 (18,190) (3,718) |
2,459 (37.763) 2,921 |
| Net cash provided by operating activities | 23,392 | 42,303 |
| Cash flows from Investing activities Payments for property, plant and equipment Dividends, interest and rents from Investments |
(20.325) 18,190 |
(5,795) 37,763 |
| Net cash (used in)/from investing activities | (2,135) | 31,968 |
| Cash flows from financing activities | ||
| Repayment of borrowings | (59,802) | (1.470) |
| Net cash used In financing activities | (59,802) | (7,470) |
| Net (decrease)/increase in cash and cash equivalents | (38.545) | 66.801 |
| Cash and cash equivalents at the beginning of the year | 65,953 | (848) |
| Cash and cash equivalents at the end of the year | 27,408 | 65.953 |
| Components of cash and cash equivalents | ||
| Cash and bank balances | 28,172 | 65.953 |
| Bank overdrafts | (764) | |
| 27,408 | 65,953 |
| Revival Christian Church Of Enfield Notes to the Accounts 3 Statement of Financial Activities-prior year |
|||
|---|---|---|---|
| Unrestricted | |||
| funds | Total funds | ||
| 2021 | 2021 | ||
| £ | |||
| Income and endowments from: Donations and legacies Other |
166,900 37,763 |
166,900 37,763 |
|
| Total | 204,663 | 204,663 | |
| Expenditure on: | |||
| Raising funds Charitable activities |
3,563 5,544 |
3,563 5.544 |
|
| Other | 120,870 | 120,870 | |
| Total | 129,977 | 129,977 | |
| Net Income | 74,686 | 74,686 | |
| Net Income before other | 74,686 | 74,686 | |
| gains/(losses) | |||
| Other gains and losses: | |||
| Net movement in funds | 74,686 | 74,686 | |
| Reconciliation of funds: | |||
| Total funds brought forward | 965,657 | 965,657 | |
| Total funds carried forward | 1,040,343 | 1,040,343 | |
| 4Income from donations and legacies | |||
| Unrestricted | Total | Total | |
| 2022 | 2021 | ||
| £ | £ | £ | |
| Offerings and tithes | 36,678 | 36,678 | 116,785 |
| Donation | 2,547 | ||
| Building fund | 146,154 | 146,154 | 47,568 |
| 182,832 | 182,832 | 166,900 | |
| 5Income from investments | |||
| Unrestricted | Total | Total | |
| 2022 | 2021 | ||
| £ | |||
| Interest received | 5 | 5 | |
| 5 | 5 |
| Revival Christian Church Of Enfield Notes to the Accounts 6 Other Income |
|||
|---|---|---|---|
| Unrestricted | Total | Total | |
| 2022 | 2021 | ||
| £ | £ | £ | |
| Gift aid received | 12,276 | 12.276 | 25,226 |
| AS Grant | 5,909 | 5.909 | 12,537 |
| - 18,185 |
- 18,185 |
37,763 | |
| 7 Expenditure on raising funds |
|||
| Unrestricted | Total | Total | |
| 2022 | 2021 | ||
| £ | £ | £ | |
| Costs of generating voluntary | |||
| Income | |||
| Event | 7.235 | 7,235 | 183 |
| RCCG WEM | 3.639 | 3,639 | 1.565 |
| Honourarlum | 4,600 | 4,600 | 1,450 |
| Worship expenses | 10,150 | 10.150 | |
| Fundraising trading costs | |||
| Books | 665 | 665 | 365 |
| 26,289 | 26,289 | 3,563 | |
| 8 Expenditure on charitable activities |
|||
| Unrestricted | Total | Total | |
| 2022 | 2021 | ||
| £ | £ | ||
| Expenditure on charitable | |||
| activities | |||
| SOG fund raising | 342 | 342 | |
| Other charitable activities Income |
6,696 | 6,696 | 4,944 |
| Nflame | 600 | 600 | 600 |
| Governance costs | |||
| 7.638 | 7,638 | 5,544 |
| 9 Ana)ysso1grants | |||
|---|---|---|---|
| Activity or programme | Total | Total | |
| 2022 | 2021 | ||
| £ | £ | ||
| Grant | |||
| Activity or programme | Total | Total | |
| 2022 | 2021 | ||
| £ | £ | ||
| Grant | |||
| 10 Other expenditure | |||
| Unrestricted | Total | Total | |
| 2022 | 2021 | ||
| £ | £ | £ | |
| Other charitable expenditure | 5,380 | ||
| Bank loan and overdraft Interest payable |
15.785 | 15,785 | 19.373 |
| Other Interest payable | 4,137 | 4.137 | 135 |
| Employee costs | 59,672 | 59.672 | 57,627 |
| Motor and travel costs | 4,050 | 4,050 | 8.933 |
| Premises costs | 16,298 | 16,298 | 11.645 |
| Amortisation. depreciation, | |||
| Impairment, profit/loss on | 6,522 | 6,522 | 2,459 |
| disposal of fixed assets | |||
| General administrative costs | 19.718 | 19,718 | 15,318 |
| Legal and professional costs | 2,135 | 2.135 | |
| 128,317 | 128,317 | 120,870 | |
| 11 Net income before transfers |
|||
| 2022 | 2021 | ||
| This is stated after charging: | £ | £ | |
| Depreciation of owned fixed assets | 6,522 | 2,459 |
| 12 | Stall costs | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Salaries and wages | 42.476 | 43,838 | |
| Pension costs | 473 | 473 | |
| 42.949 | 44,311 |
| The average monthly number of full time equivalent employees during the year was as follows: | The average monthly number of full time equivalent employees during the year was as follows: | |
|---|---|---|
| 2022 | 2021 | |
| Number | Number | |
| Pastoral | 4 | 2 |
| Administrative | 1 | 1 |
| Others | 2 | 1 |
| 7 | 4 |
| 13 | Pastoral Administrative Others Tangible fixed assets |
4 1 2 7 |
2 1 1 4 |
||
|---|---|---|---|---|---|
| Fixture. | |||||
| Land and buildings |
Motor Vehicle |
fittings and computer |
Total | ||
| equipments | |||||
| £ | £ | £ | £ | ||
| Cost or revaluation | |||||
| At 1 April 2021 | 1,500,000 | 10,699 | 33,833 | 1,544,532 | |
| Additions | 20,325 | 20,325 | |||
| At 31 March 2022 | 1,500,000 | 10,699 | 54,158 | 1,564,857 | |
| Depreciation and | |||||
| Impairment | |||||
| At 1 April 2021 | 9.400 | 29,197 | 38,597 | ||
| Depreciation charge for the year |
1.298 | 5,224 | 6,522 | ||
| At 31 March 2022 | - | 10,698 | 34,421 | 45,119 | |
| Net book values | |||||
| At 31 March 2022 | 1500,000 | 1 | 19,737 | 1,519,738 | |
| At 31 March 2021 | 1,500,000 | 1,299 | 4,636 | 1,505,935 | |
| 14 | Debtors | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Other debtors | 1,700 | 1,700 | |||
| 1,700 | 1,700 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| £ | £ | |||
| Bank loans and overdrafts | 764 | |||
| Other taxes and social security Other creditors |
91 3,627 |
|||
| 764 | 3,718 | |||
| Creditors: | ||||
| amounts tailing due after more than one year | 2022 | 2021 | ||
| £ | ||||
| Bank loans and overdrafts | 244.743 | 263,955 | ||
| Other loans | 224,982 | 265,572 | ||
| 469,725 | 529,527 | |||
| Movement in funds | ||||
| Incoming | ||||
| resources (Including other |
Resources expended |
At 31 March 2022 |
||
| At 1 April | gains/losses | |||
| 2021 | ||||
| £ | £ | £ | ||
| Restricted funds: | ||||
| Unrestricted funds: | ||||
| General funds | 943,514 | 201,022 | (162.244) | 982.292 |
| Revaluation Reserves: | ||||
| Revaluation fund | 96,829 | 96,829 | ||
| Total revaluation reserves | 96,829 | 96.829 | ||
| Total funds | 1,040,343 | 201,022 | (162,244) | 1,079,121 |
| Unrestricted funds |
Restricted funds |
Total | |
|---|---|---|---|
| £ | £ | £ | |
| Fixed assets | 1,519,738 | 1.519.738 | |
| Net current assets | 29,108 | 29,108 | |
| Creditors due In more than one year and provisions |
(469,725) | (469.725) | |
| 1.548,845 | (469.725) | 1,079,121 |
| 19 | Reconciliation of net debt | |||
|---|---|---|---|---|
| At 31 | ||||
| At 1 April | March | |||
| 2021 | Cash flows | 2022 | ||
| £ | £ | £ | ||
| Cash and cash equivalents | 65,953 | (37,781) | 28,172 | |
| Bank overdrafts | (764) | (764) | ||
| 65,953 | (38,545) | 27,408 | ||
| Borrowings | (265,572) | 40,590 | (224,982) | |
| Bank loans | (263,955) | 19,212 | (244,743) | |
| (529,527) | 59,802 | (469,725) | ||
| Net debt | (463,574) | 21,257 | (442,317) | |
| 20 | Commitments |
| 2022 | 2022 | 2021 | 2021 | ||
|---|---|---|---|---|---|
| Land and buildings |
Other | Land and buildings |
Other | ||
| Operating leases with expiry date: | |||||
| Pension commitments | |||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| The pension cost charge to the company | |||||
| amounted to: | 473 | 473 | |||
| 21 | Related party disclosures | ||||
| Controlling party |
| Revival Christian Church Of Enfield Detailed Statement of Financial Activities for the year ended 31 March 2022 |
|||
|---|---|---|---|
| Unrestricted | |||
| funds | Total funds | Total funds | |
| 2022 | 2022 | 2021 | |
| £ | £ | £ | |
| Income and endowments from: | |||
| Donations and legacies Offerings and tithes Donation |
36,678 | 36,678 | 116,785 2.547 |
| Building fund | 146,154 | 146,154 | 47,568 |
| 182,832 | 182,832 | 166,900 | |
| Investments | |||
| Interest received | 5 | 5 | |
| 5 | 5 | ||
| Other | |||
| Giftaid received | 12,276 | 12,276 | 25,226 |
| JRS Grant | 5,909 | 5,909 | 12,537 |
| 18,185 | 18,185 | 37,763 | |
| Total income and endowments | 201,022 | 201,022 | 204,663 |
| Expenditure on: | |||
| Costs of generating donations and | |||
| legacies | |||
| Event | 7,235 | 7,235 | 183 |
| RCCG WEM | 3,639 | 3,639 | 1.565 |
| Honourarlum | 4,600 | 4,600 | 1.450 |
| Worship expenses | 10,150 | 10,150 | |
| 25,624 | 25,624 | 3,198 | |
| Costs of other trading activities | |||
| Books | 665 | 665 | 365 |
| 665 | 665 | 365 | |
| Total of expenditure on raising funds |
26,289 | 26,289 | 3,563 |
| Charitable activities | |||
| SOG fund raising | 342 | 342 | |
| Other charitable activities income | 6,696 | 6,696 | 4,944 |
| NFlame | 600 | 600 | 600 |
| 7,638 | 7,638 | 5,544 | |
| Total of expenditure on charitable activities |
7,638 | 7,638 | 5,544 |
| Other expenditure | |||
| Other charitable expenditure Bank loan and overdraft interest |
5,380 | ||
| payable | 15,785 | 15,785 | 19,373 |
| Revival Christian Church 01 Enfield | |||
|---|---|---|---|
| Detailed Statement of Financial Activities | |||
| Other Interest payable | 4,137 | 4,137 | 135 |
| 19.922 | 19,922 | 24,888 | |
| Employee costs | |||
| Salaries/wages | 42,476 | 42,476 | 43,838 |
| Pension Costs | 473 | 473 | 473 |
| Staff training | 5,245 | 5,245 | 5,260 |
| Stall welfare | 11,478 | 11,478 | 7,706 |
| Temporary staff | 350 | ||
| 59,672 | 59,672 | 57.627 | |
| Motor and travel costs | |||
| Vehicles-General costs | - | 575 | |
| Vehicles-Fuel | 3.034 | 3,034 | 897 |
| Vehicles-Insurance and licences | 1,016 | 1.016 | 7,461 |
| 4,050 | 4,050 | 8,933 | |
| Premises costs | |||
| Rates | 738 | 738 | 1,836 |
| LIght, heat and power | 7,748 | 7,748 | 7.556 |
| Premises cleaning | 5,167 | 5,167 | |
| Premises repairs and maintenance |
2,265 | 2,265 | 1.753 |
| Other premises costs | 380 | 380 | 500 |
| 16,298 | 16,298 | 11,645 | |
| General administrative costs, | |||
| Including depreciation and | |||
| amortisation | |||
| Depreciation of Motor Vehicle | 1,298 | 1,298 | 1,300 |
| Depreciation of Fixture, fittings and computer equipments |
5,224 | 5,224 | 1.159 |
| Bank charges | 4,799 | 4,799 | 3,320 |
| Equipment expensed | 377 | 377 | 683 |
| Equipment leasing and hire charges |
1,486 | ||
| Equipment repairs and maintenance |
802 | 802 | |
| Exchange rate (gain)/loss | 290 | ||
| General insurances | 743 | 743 | 1,355 |
| Information and publications | 160 | 160 | 32 |
| Postage and couriers | 251 | ||
| Software, IT support and related costs |
3,306 | 3.306 | 419 |
| Stationery and printing | 354 | 354 | 896 |
| Subscriptions | 1,088 | 1,088 | 409 |
| Sundry expenses | 600 | 600 | 23 |
| Telephone, fax and broadband | 7.489 | 7,489 | 6,154 |
| 26,240 | 26,240 | 17,777 | |
| Legal and professional costs | |||
| Consultancy fees | 800 | 800 |