2023-03-31-accounts - Holy Ghost Christian Centre

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			Page
Reference and Administrative		Details ofthe Charity, its Trustees and Advisers
Trustees Report			4-5
Independent Examiners	Report	on the Financial Statements	6-7
Statement ofFinancial	Activities		8-11
Notes to the Financial Statements			12-20

			Current year	Current year	Current year	Prior Year
			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
			2023	2023	2023	2022
Income 8t: Endowments					E
from:
Doratioiis &Legacies			365,278	9,070	374,348	327,868
Total income			365,278	9,070	374,348	327,868
Expenditure on:
Charitable activities			353,703	8,970	362,673	325,089
Other						674
Total expenditure			353,703	8,970	362,673	325,763
Net income for the	year		11,575	100	11,675	2,105
Net income after transfers		A-B	11,575	100	11,675	2,105
Net movement in funds			11,575	100	11,675	2,105
ReconciTiation offunds:-
Total funds brought	forward		9,387		9,387	7,282
Total funds carried	forward		20,962	100	21,062	9,387

2023 towards	fixed assets for Charity us	e:-
			2023	2022
Funds generated	in the year as detailed in the SOFA		11,675	2,105
Resources applied on functioiial fixed assets			(5,011)	(21,152)
Other applicatiors	offunds
Net resources	available to fund charitable	activities	6,664	~19.047)

				Unrestricted	Unrestricted	Unrestricted	Restricted		Total	Last yeax
					Funds		Funda		Funds	Total Funds
					2023		2023		2023	2022
						E			E
Accumulated funds	brought	forward				9,387			9,387	7,282
Recognised gains aad losses		before				11,575	100		11,675	2,105
trans fezs						20,962	100		21,062	9,387
Closiag revenue	funds					20,962	100		21,062	9,387
Summary of funds				Unrestricted			Restricted		Total	Last Year
					and		Funds		Funds	Total Funds
			Designated funds
					2023		2023		2023	2022
									E
Revenue accumulated funds						20,962	100		21,062	9,387
HOLY GHOST CHRISTIAN CENTRE				LIMITED
Income and Expenditure		Account	for the		year ended 31 March 2023 as				required by	the
Companies Act 2006
									2023	2022
Income
Income fzom opexatioas									374,348	327,868
Investment income	aud iatexest
Gross income in	the year before exceptional					items			374,348	327,868
Gross income in	she year inchuliag		exceptional items						374,348	327,868
Expenditure
Charitable expendituze, excluding depxeciation					and	amortisation			343,478	313,488
Depreciation aad	axuoztisation								15,802	9,809
Governance costs									1,240	800
Other expeadituxe										1,348
Interest payable									2,153	992
Realised losses on disposais ofsocial			investments			which aze progzamme		related
Total expenditure	in the	year							362,673	326,437
Net income before tax		in the financial		year					11,675	1,431
Tax on suzphs on ordinary		activities
Net income after tax in the financial year									11,675	1,431
Retained surphxs	for the	financial	year						11,675	1,431
All activities derive	fzom cozxixMiag operations

			Notes	2023			2022
				E
Fixed assets
Tangible assets				44,546			55,337
Current assets
Debtors					23,000
Cash at bank and in	hand			31,641	5,928
Toeal current assets				31,641	28,928
Creditors: amounts		falling	due
within one year					(18,000)
Net current assets				31,641			10,928
				76,187			66,265
Net assets
Creditors: amounts	faHing due		after
more than one year				(55,125)			(56,878)
The total net assets charity		ofthe		21,062			9,387
The total net assets		ofthe	charity are funded by the funds ofthe		charity,	as	follows:-
Restricted funds
Restricted Revenue	Funds			100
Unrestricted Funds
Unrestricted Revenue		Funds		20,962	9,387
				21,062			9,387
Total charity funds				21,062			9,387

Depreciation is provided	on the	following bases:
Freehold property		—not depreciated
Long term leasehold property		—100years
Fixtures and Fittings		—10years
Office Equipment		—10years
Motor Vehicle		—5years

						Current year	Current year	Current year	Prior Year ~
						Unrestricted	Restricted	Total Funds	Total
						Funds	Funds		Funds
						2023	2023	2023	2022
	Donations and gifts from individuals
	Tithes, Offerings, Seeds	and other donations				365278	9,070	374,348	327,868
	Total donations and individuals	gifts from				365,278	9,070	374,348	327,868
4.0	Expenditure on Charitable Activities
	Direct Spending					Current year	Current year	Current year	Prior Year
						Unrestricted	Restricted	Total Funds	Total Funds
	Current Year					Funds	Funds
						2023	2023	2023	2022
	Gross wages and salaries - charitable activities					30,878		30,878	44,700
	Employers' NI —Charitable		activities						2,835
	Travel and Subsistence - Charitable
	Activities					12,546		12,546	4,616
	Honourarium					12,507		12,507	9,499
	Donations to Other Charities					3,968		3,968	4,700
	Charitable activities					61,000	8,970	69,970	46,622
	Media services
	Staffsupport including	instrumentalists				12,735		12,735	15,558
	Entertainment					372		372	1,379
	Total direct spending					134,006	8,970	142,976	129,909
	Support costs for charitable			activities
						Current year	Current year	Current year	Prior Year
						Unrestricted	Restricted	Total Funds	Total Funds
	Current Year					Funds	Funds
						2023	2023	2023	2022
						E	8	E
	Employee oostsnotincludedin				direot oosts
	Training and welfare	—staff							50

Premises Expenses
Rent payable under operating		leases		157,841				157,841	154,196
Rates and water charges									1,297	I
Light heat and power					7,304			7,304	4,458
Cleaning and waste management					3,998			3,998	2,388
Other Premises Costs									300
Admiaistrative overheads
Telephone, faxand internet					4,261			4,261	3,061
Stationery and printmg					2,684			2,684	62
Equipment expenses									862
Advertising and marketing									168
Sundry expenses									213
Courier services					2,804			2,804	737
Equipment, repairs, expenses and maintenance					4,767			4,767	788
Licences gt Permits					536			536	2,252
Insurance					1,682			1,682	2,797
Vehicle expenses					2,363			2,363	323
Profeuional feespaid to		advisors	other than	the auditor	or examiner
Accountancy fees other than					300			300
examination or audit fees
Consultancy fees					2,580			2,580	4,222
Technical costs
Security costs									3,893
Financial costs
Bank charges					1,270			1,270	1,162
Hire Purchase interest					876			876	876
Loan interest					1,277			1,277	116
Depreciation gt Amortisation		in total for			15,802			15,802	9,809
Total support costs	- Current Year			218,457				218,457	194,380
Other Expenditure	- Governance		costs
				Current	year	Current	year	Current year	Prior Year
				Unrestricted				Total Funds	Total Funds
Cunent Year				Funds		Funds
				2023		2023		2023	2022
								E	E
Independent Examiner's fees					1,240			1,240	800
Total Governance costs					1,240			1,240	800

Creditors:	amounts	falling	2023	2022
Bank loans	and overdrafts		50,115	50,627
Finance lease and HP		contracts	5 010	6+51
			55,125	56,878

At 31March 2023	Unrestricted	Restricted	Total
	funds	funds	Funds
Tangible Fixed Assets	44,546		44.546
Current Assets	31541	100	31,641
Current Liabilities
Long Term Liabilities	(55,125)		(55,125)
	20,962	100	21,062
At 1 April 2022	Unrestricted	Restricted	Total
	funds	funds	Funds
	E		E
TanIpble Fixed Assets	55,337		55,337
Current Assets	28,928		28,928
Current Liabilities	(18,000)		(18,000)
Long Term Liabilities	(56,878)		(56,878)
	9,387		9,387