|||Page| |---|---|---| |Report of the Trustees||1 to5| |Independent
Examiner's|Report|| |Statement
of Financial|Activities|| |Balance Sheet||8to9| |Notes to the Financial|Statements|10to 17| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Recommended
categories by|Recommended
categories by|Recommended
categories by||Unrestricted|Restricted||| |---|---|---|---|---|---|---|---| |activity|||Notes|funds
6|funds
6|2022
6|2021
6| |Income|||||||| |Donations
and legacies||||72,479|89,549|162,067|216,470| |Activities for Generating||Funds||130||130|70| |Charitable
activities||||286|4,759|5,045|3,314| |Investments||||5,152|61|5,213|5,158| |Total Income||||78,047|94,368|172,415|225,012| |Expenditure|||||||| |Raising Funds|||||||| |Charitable
activities||||5,166|90,456|95,622|79,912| |Support Costs||||35,864|106|35,970|34,637| |Other||||9,960|3,434|13,394|31,047| |Total Expenditure||||50,989|93,997|144,986|145,597| |Transfers between|funds|||(5,697)|5,897||| |Net movement
in funds||||21,180|6,251|27,429|79,416| |Reconciliation
offunds:|||||||| |Total funds brought|forward|||291,718|267,572|559,290|524,280| |Total funds canted forward||||312,896|273,823|586,719|559,290| |Balance sheet||||||| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted||| |||Notes|funds|funds|2022|2021| |||||6|6|| |Fixed assets||||||| |Tangible assets|||453,677|197,202|650,879|650,879| |Total fixed asseR|||453,677|197,202|650,879|650,879| |Current assets||||||| |Cash at bank and in hand||8|50,156|77,621|127,777|109,270| |Total current assets|||50,156|77,621|127,777|109,270| |Creditors: amounts|falling|||||| |due within one year|||1,195|1,001|2,196|1,835| |Net current||||||| |assets/(liabilities)|||48,961|76,620|125,581|107,435| |Total assets less current||||||| |liabilities|||502,638|273,823|776,460|758,314| |Creditors: amounts|falling|||||| |due after one year||9|189,742||189,742|199,025| |Total net assets or||||||| |liabilities|||312,896|273,823|586,718|559,289| |Funds ofthe Charity||||||| |Restricted
income funds||to||273,823|273,823|267,572| |Unrestricted
funds||to|312,896||312,896|291,718| |Total funds|||313,405|273,823|586,719|559,290| ## ## |Note 2|Accounting|Accounting|policies| |---|---|---|---| |2.1Income|||| |Recognition ofincome|||These are included
in the Statement
of Financial
Activities (SoFA) when| ||||~
the charity becomes entitled to the resources;| ||||~
it is more likely than not that the trustees
will receive the resources;| ||||~
the monetary
value can be measured
with sufficient
reliability.| |Offsetting|||There has been no offsetting ofassets and liabilities, or income and| ||||expenses,
unless required
or permitted
by the FRS 102SORP or FRS 102.| |Grants and||donations|Grants and donations
are only included
in the SoFA when the general| ||||income recognition
criteria are met (5.10to 5.12FRS102SORP).| ||||In the case of performance
related grants,
income must only be recognised| ||||to the extent that the charity has provided
the specified goods or services| ||||as entitlement
to the grant only occurs when the performance
related| ||||conditions are met (5.16FRS 102SORP).| |Legacies|||Legacies are included
in the SOFA when receipt is probable,
that is, when| ||||there has been grant of probate, the executors have established
that there| ||||are sufficient assets in the estate and any conditions
attached to the legacy| ||||are either within the control ofthe charity or have been met.| |Government||grants|The charity has received government
grants
in the reporting
period| |Tax reclaims on|||Gift Aid receivable
is included
in income when there isa valid declaration| |donations||and gifts|from the donor.
Any Gift Aid amount
recovered
on a donation
is| ||||considered
to be part ofthat gift and is treated as an addition to the same| ||||fund as the initial donation
unless the donor or the terms ofthe appeal have| ||||specified otherwise.| |Support costs|||The charity has incurred
expenditure
on support costs.| |Volunteer|help|help||The value of any voluntary
help received is not included
in the accounts but| |---|---|---|---|---| |||||is described
in the trustees'
annual
report.| |Income from||interest,||This is included
in the accounts when receipt is probable and the amount| |royalties and||dividends||receivable can be measured
reliably.| |2.2 Expenditure|||and Liabilities|| |Liability recognition||||Liabilities are recognised
where
it is more likely than not that there isa| |||||legal or constructive
obligation
committing
the charity to pay out resources| |||||and the amount of the obligation
can be measured
with reasonable| |||||certainty.| |Governance||and support||Support costs have been allocated between governance
costs and other| |costs||||types of support.
Governance
costs comprise
all costs involving
public| |||||accountability
ofthe charity and its compliance
with regulation
and good| |||||practice.| |Creditors||||The charity has creditors which are measured
at settlement
amounts
less| |||||any trade discounts| |2.3Assets||||| |Tangible fixed|||assets for|These are capitalised
ifthey can be used for more than one year, and cost| |use by charity||||at least| |||||They are valued at cost and have been revalued
in 2018on current market| |||||value.| |||||The depreciation
rates and methods
used are disclosed
in note 7| |Debtors||||Debtors (including
trade debtors and loans receivable) are measured
on| |||||initial recognition
at settlement
amount
after any trade discounts or amount| |||||advanced
by the charity.
Subsequently,
they are measured
at the cash or| |||||other consideration
expected to be received.| ## |Note 3
Income|||||||||| |---|---|---|---|---|---|---|---|---|---| |||||||Unrestricted|Restricted||| |||Analysis||ofincome||funds|funds|2022|2021| |||||||||6|5| |Donations|Donations||and|gifts, including|||||| |and legacies:|gift aid|||||58,803|1,820|60,623|71,477| ||Legacies|||||8,000||8,000|| ||General grants|||provided|by||||| ||government/other|||charities|||86,187|86,187|143,524| ||Other|||||5,676|1,541|7,217|1,470| ||Total|||||72,479|&9,549|162,027|216,470| |Activities for|||||||||| |Generating|Room|Hire|for Events|||130||130|| |Funds:|Sales|—Crafts &Magazines|||||||70| ||Total|||||130||130|70| |Charitable|||||||||| |Activities:|Youth|Parental||Contributions|||2,810|2,810|2,951| ||Youth|Misc. Income|||||206|206|363| ||Other|||||286|1,743|2,030|| ||Total|||||286|4,759|5,045|3,314| |Income from|Interest income|||||10|61|71|| |investments:|Rental|and|leasing income|||5,141||5,141|5,158| ||Total|||||5,152|61|5,213|5,158| |TOTAL INCOME||||||78,047|94,368|172,415|225,012| |Note 4|Expenditure||||| |---|---|---|---|---|---| |||Unrestricted|Restricted||| ||Analysis ofexpenditure|funds|funds|2022|2021| ||||||6| |Expenditure|Mission Support|3,400||3,400|3,077| |on charitable|Children's
work||||238| |activities|Church
Development|600||600|| ||Youth church|300|2,150|2,450|1,516| ||Catering||||366| ||School Hire||||442| ||Devotional
Service Materials|||399|507| ||Youth team cost||28,186|28,186|25,405| ||Youth activities||8,567|8,567|6,433| ||Youth summer
project||6,106|6,106|1,085| ||Youth large equipment||9,702|9,702|8,189| ||Youth small equipment||2,243|2,243|967| ||Youth worker||30,608|30,608|26,417| ||Youth training||504||753| ||Youth trips||||558| ||Youth expenses||||3,125| ||Community
Hub||303|303|438| ||Miscellaneous
Donations|466|2,088|2,554|395| ||Total|5,166|90,456|95,622|79,912| |Support
Costs|Property
Maintenance
Silver Street Maintenance|1,159
778||1,159
778|2,042
2,005| ||Insurance|1,425||1,425|1,285| ||Cleaning|1,497||1,497|1,854| ||Conferences
&Training|24||24|| ||Administration|4,376||4,376|11,140| ||Administration
costs|8,228||8,228|3,492| ||Finance Officer|4,020||4,020|3,732| ||AV Maintenance|567||567|79| ||Planning
&Away Days|267||267|| ||Safety &Safeguarding|145||145|403| ||Energy &Water|10,020||10,020|4,431| ||Telecommunications|1,899||1,899|1,554| ||Website & IT|195||195|302| ||Affiliation Fees|572||572|1,492| ||Bank Charges|154||260|288| ||Governance|540||540|540| ||Total|35,664|106|35,970|34,637| |Other|||||| |Resources
used|Silver Street Development
Feasibility Studies|235
121|3,434|235
3,555|11,210
13,220| ||Mortgage
Interest &Charges|9,604||9,604|6,497| ||Repayment
of Prior Year Income||||120| ||Total|9,960|3,434|13,394|31,047| |Total Expenditure||50,989|93,997|144,986|145,597| ## ||||||2022|2021| |---|---|---|---|---|---|---| |||||||K| |Governance||||||| |Independent|examiner's|fees|||540|540| |Other fees (for example:||financial advice, consultancy,|accountancy|services)||| |paid to the independent||examiner||||| ## |6.1Staff Costs|||||| |---|---|---|---|---|---| |||||2022|2021| |||||6|6| |Salaries and wages|||||| |||||68,035|68,322| |Pension costs (deffned contribution||pension|plan)|1,220|745| |Total staff costs||||69,255|69,068| |There were 7(2021:7)employees|in|post during|the year.||| ## ## ||||||Freehold|Other land|Plant,|Fixtures,|Total| |---|---|---|---|---|---|---|---|---|---| ||||||land &|8|machinery|fittings|| ||||||buildings|buildings|and motor|and|| ||||||||vehicles|equipment|| ||||||6|6||6|5| |At the beginning|||of the year||650,679||||650,879| |Additions|||||||||| |Revaluations|||||||||| |Disposals|||||||||| |At end ofthe||year|||850,879||||650,879| |7.2 Depreciation||||and impairments|||||| |At beginning||ofthe year|||||||| |Disposais|||||||||| |Depreciation|||||||||| |Impairment|||||||||| |Transfers*|||||||||| |At end of|the|year|||||||| |7.3Net book value|||||||||| |Net book|value at|||the|650,879||||650,679| |beginning|of|the|year||||||| |Net book|value at|||the end of|650,879||||650,879| |the year|||||||||| |Basis for|Depreciation||||||||| |Freehold|Land and Buildings||||Nil depreciation||||| |Note|8|Cash at bank and in hand||| |---|---|---|---|---| ||||2022|2021| ||||8|6| |Cash|at|bank and on hand|127,777|109,270| |Total|||127,777|109,270| |Note|9|Creditom and accruals||| ## |Note 9
Creditom and accr
9.1Analysis ofcreditors|uals|uals||| |---|---|---|---|---| ||Amounts
falling due
within one year||Amounts
falling due
after more than one
year|| ||2022|2021|2022|2021| ||6|6|6|6| |Taxation and social security|907|||| |Mortgage|||189,742|194,025| |Accruals and Deferred Income|609|971||| |Other creditors|480|||5,000| |Total|1,716|1,835|189,742|199,025| ## ||||Fund|||||||Fund| |---|---|---|---|---|---|---|---|---|---|---| |Fund
names|I-|Purpose|balances
brought
forward||Income|Expenses|Other
Gains/
Losses|Transfers||balances
carried
forward| ||||5||5|5|5|5||K| |Silver|R|New|203,747||600|(3,434)||5,000
205,913||| |Street
Youth|R|Property
Youth|63,013||88,607|(85,997)||||65,624| |Work||Work||||||||| |Church|R|Church|811||830|(2,150)|||509|| |Youth||Youth||||||||| |Community|R|Community|||2,588|(303)||||2,285| |Hub||||||||||| |Ukraine||Ukraine|||1,743|(2,113)|||370|| |Refugees
General||Refugees
General|291,719||70,047|(51,529)||(5,879)
305,895||| |||Fund||||||||| |Roy|D|Roy|||8,000|||||8,000| |Eames||Eames||||||||| |||Legacy||||||||| |Total Funds
sheet|as|per balance|559,290||172,415|(144,985)||||585,719| |10.2 Details|ofmaterial funds held and|||movements||during the PREVIOUS||reporting|period|| ||||Fund|||||||Fund| ||||balances||||Other|||balances| |names||Pu
se|brought
forward|Income
5
Expenses
5|||Gains/
Losses
E|Transfers
E||carried
forward
5| |Silver||New||||||||| |Street|R|Property|187,264||29,818|(16,943)||3,609||203,747| |Youth||Youth||||||||| |Work|R|Work|17,822|115,463||(73,300)||3,028||63,013| |Church||Church||||||||| |Youth|R|Youth|||2,336|(1,525)||||811| |Communi||Communi||||||||| |ty Hub|R|ty Hub||||(438)||438||| |||General||||||||| |General|U|Fund|274,789||77,396|(53,391)||7,075||291,719| |Total Funds as per
balance sheet|||479,975|225,012||(145,597)||||559,290| ## ## |Between general fund and|Net funding|of repayment|of loan from general|5,000| |---|---|---|---|---| |New Property fund|funds|||| |Between general fund and|To support|ongoing costs||509| |Church Youth||||| |Between general fund and|To support|outgoing costs||370| |Ukraine Refugees||||| ## ## ##