## |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| ## |6.|DEBTORS||||| |---|---|---|---|---|---| |||||2022|2021| |||||E|E| ||P repayments
Other debtors|||211
15,868|1,294
17,440| |||||16,079|18,734| |7.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||| |||||2022|2021| |||||E|f| ||Accruals|||7,168|6,963| |||||7,168|6,963| |8.|CREDITORS:||||| ||AMOUNTS|FALLING DUE|AFTER MORE THAN ONE YEAR||| |||||2022|2021| |||||f|f| ||Loans from|other UK True Jesus Churches|||50,000| ||||||50,000| ## |9.|FUNDS MOVEMENT|FUNDS MOVEMENT|FUNDS MOVEMENT||||||Gain/(Loss)|Balance| |---|---|---|---|---|---|---|---|---|---|---| ||||||Balance||||on|30Sep| |||||1Oct 2021
f||Incoming
E|Outgoing
f|Transfers Revaluation
f||2022| ||Unrestricted
funds|||||||||| ||General fund||||125,859|144,711|(85,841)|121,295||306,024| ||Designated
church||building||1,623,074|37,552|(4,704)|(121,295)|-|1,534,627| ||fund|||||||||| ||Total unrestricted||fund||1,748,933|182,263|(90,545)||-|1,840,651| ||Restricted funds|||||||||| ||IA/UKGA funds|||||200|(200)|||| ||Other funds|||||||||| ||Building fund: Unspent|||funds|13,843|1,159||||15,002| ||Total restricted|funds|||13,843|1,359|(200)|||15,002| ||Total funds|||1,762,776||183,622|(90,745)||-|1,855,653| |9.|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| ## ## ##