2022-09-30-accounts - True Jesus Church (Leicester)

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

CONTENTS
			PAGES
Church Board	annual report
			2to 6
Independent	examiner's	report
Statement of	financial activities
Balance sheet
Notes to the financial statements
			10to 18

Charity Name	Charity Name	True Jesus Church Leicester	True Jesus Church Leicester	True Jesus Church Leicester	True Jesus Church Leicester
Charity Number		1143059
Church Board		Mrs. A Chan		Religious affairs (Chair) from 01/01/2023
		E Kwok		General affairs
		YTang		Financial affairs
		CShek
		Mrs. SHo
		Mrs. M Ho
		M Kwok
		CWLiu
		EShek		Resigned 31/12/2022
		G Chan		from	01/01/2023
Church Address		5 Granville Road
		Leicester
		LE17RU
Independent	examiner:	Louise Presslie
		Whitelaw	Wells	Chartered Accountants
		9Ainslie	Place
		Edinburgh	EH3	6AT
Bankers		National	Westminster		Bank Pic
		1Granby	Street
		Leicester	LE19GT

YEAR ENDED 30SEPTEMB	ER2022
Income and Endowments	from:	Notes	Unrestricted Funds	Restricted Funds	f	2022 Total	2021 Total E
Donations and legacies
Offerings received investments			144,699	1,359		146,058	151,271
Bankinterest received Other income			12			12	30
Gain on disposal ofasset			37,552			37,552
Total Income		2	182,263	1,359		183,622	151,301
Expenditure on:
Charitable activities			90,545	200		90,745	71,113
Total Expenditure			90,545	200		90,745	71,113
Net income for the year			91,718	1,159		92,877	80,188
Transfers between funds
Net movement in funds for the period			91,718	1,159		92,877	80,188
Reconciliation offunds
Total funds at 1October 2021			1,748,933	13,843	1,762,776 1,682,588
Total funds at 30September 2022		9	1,840,651	15,002	1,855,653 1,762,776

				2022	2021
		Notes			f
Fixed assets
Tangible assets				1,534,627	1,673,073
Current assets
Debtors			16,079		18,734
Cash at bank and in	hand		312,115		127,932
Current liabilities			328,194		146,666
Creditors: Amounts	falling due
within one year			(7,168)		(6,963)
Net current assets				321,026	139,703
Total assets less current liabilities				1,855,653	1,812,776
Creditors: Amounts	falling due
after more	than one year	8			(50,000)
Net assets		10		1,855,653	1,762,776
Funds
Unrestricted funds Restricted funds				1,840,651 15,002	1,748,933 13,843
Total funds				1,855,653	1,762,776

INCOME
	Unrestricted	Restricted	2022	2021
	Funds	funds	Total	Total
	f	f	f	f
Donations and legacies
General	63,316		63,316	62,436
General gift aided	63,471		63,471	67,862
Building fund		1,159	1,159	690
Building fund gift aided				1,200
Leicester gift aid tax repayments	15,890		15,890	16,323
IA/UKGA funds		200	200	2,200
UKGA subsidy —NSSC/yTI C	2,022		2,022
Sales ofbibles, hymns books, t-shirt				560
Total Donations and legacies	144,699	1,359	146,058	151,271
Investments	12		12	30
Other income —gain on sale	37,552		37,552
Total Income	182,263	1,359	183,622	151,301

EXPENDITURE
	Unrestricted	Restricted	2022	2021
Grant Making	Funds f	fundsf	Total f	Total f
Contributions to UKGA IA/UKGA funds Other funds	42,796	200	42,796 200	43,188 2,200
Church Activities				2,200
Food &consumables Cleaning Water rates Heat and light Insurance Repairs &maintenance Motor expenses Travel &subsistence Audio and computer expenses Telephone Printing, post &stationery EPG leaflet, publications &hymn books Legal and professional fees Sundry Depreciation Loss fixed assets disposal NSSC/YTTC Governance Costs	2,274 466 1,436 22,179 4,858 5,934 185 458 475 749 608 189 4,704 1,794		2,274 466 1,436 22,179 4,858 5,934 185 458 475 749 608 189 4,704 1,794	269 1,044 7,750 4,736 1,691 240 767 75 531 250 60 4,779 13
Independent examination fee	1,440		1,440	1,320
	90,545	200	90,745	71,113

			2022	2021
Thisis stated	after charging:		f
Depreciation Loss fixed assets disposal Independent examination		fee	4,704 1,440	4,779 13 1,320

		Property		Furniture
	Land and	improve-	Equip-	Fittings &	Motor
	Building f	ments f	ment	Fixtures	Vehicle f	Total f
Cost
At 1October 2021 Additions	1,538,026	101,992	34,440 1,258	50,788		1,725,246 1,258
Disposals	(135,000)					(135,000)
At 30September
2022	1,403,026	101,992	35,698	50,788		1,591,504
Depreciation
At 1October 2021		18,976	13,136	20,061		52,173
Charge for the year Elimination on		2,040	1,128	1,536		4,704
disposal
At 30September
2022		21,016	14,264	21,597		56,877
Net BookValue
At 30September
2022	1,403,026	80,978	21,434	29,191		1,534,627
At 30September
2021	1,538,026	83,016	21,304	30,727		1,673,073

FUNDS MOVEMENT
Unrestricted funds		Balance 1Oct 2020 f	Incoming E	Outgoing f	Gain/(Loss) on Transfers Revaluation f		Balance 30Sep 2021 f
General fund Designated church building fund		97,673 1,572,837	147,136	(63,935) (4,778)	(55,015) 55,015	-	125,859 1,623,074
Total unrestricted fund		1,670,510	147,136	(68,713)		-	1,748,933
Restricted funds
IA/UKGA funds Other funds Building fund: Unspent	funds	200 11,878	2,200 1,965	(2,200) (200)			13,843
Total restricted funds		12,078	4,165	(2,400)			13,843
Total funds	1,682,588		151,301	(71,113)	-	1,762,776

		Unrestricted	Restricted	Total
		E	E	E
Tangible fixed assets		1,534,627		1,534,627
Cash at bank		297,113	15,002	312,115
Other net current assets		8,911		8,911
Net Assets as at 30September	2022	1,840,651	15,002	1,855,653
		Unrestricted	Restricted	Total
		f	E	f
Tangible fixed assets		1,673,073		1,673,073
Cash at bank		114,089	13,843	127,932
Other net current assets		11,771		11,771
Creditors due after more than	one year	(50,000)		(50,000)
Net Assets as at 30September	2021	1,748,933	13,843	1,762,776