i_l'-l SwH-on Chaiman's Repjrt 111 Apfil 202110 31M March 2022 Horizon Church, lourwj this year challenging as we began lo iestart our cThimunity actrwty post CoMd-19 The regular groups that support the local community needed 10 be adapted 10 the new way ol operaliThJ FQSt Covid Despite all the challenges. we feel the Impact lo the community has beer) ol great value and we conbnue lo str1ve to gel back lo pre-cowd attendance. Our Sunday church Ser¥i￿S recommenced in the church buiklirKJ, under the new Comd rules. However conDnued lo stream wa Zoom, lo support those al high risk. who could not attend the seNce In person Overall, we ￿le able lo communicate and support our con9regalion as best we could under the new post Cowd environment 2021 also saw the resuming ol OUT community children's work (Twiglelsl, this was greatly received by the parents in the community as a space lor them lo meet their children to socialise others their age. Our post cowd Seniors weekly meal, was adapted and restsrted in 2021 as a monthly s￿la1, again well received by the more wlnerable elderly community. Horizon Church Senior ministers, chose lo officially retire In surnmer 2021. which then led 10 the hiring ol a new youth and community Pasloi who assisted in all weekly acliv¢lies that Horizon uTrJertook. Our financial income somewhat stabilised in 2021 and eonts'nued into 2022 and this enabled us to maintain the resources required to deliver the various serwces 10 the community We belie￿ ihat the work ol Horizon Church continues to help people and be a blessirrfJ lo our community. This Ser￿￿ is ol gTeat value lo those liwng in our local neight)ourhood and will continue lo be of great Significan￿ for the irnmediale and long-term future. Samuel Gnanaseharam Chair ol Trustees Horizon Church Sutton Phone. 0208 123 2456 Emall" ollice@horizonchurchsullon org Web. www. horizonchurchsutton.org Regl8tered Charlty No. 1143831 ## **Balance Sheet** ## **Horizon Church As at 31 March 2022** |**Balance Sheet**
**Horizon Church**
**As at 31 March 2022**|**Balance Sheet**
**Horizon Church**
**As at 31 March 2022**| |---|---| |**31 MAR 2022**
**31 MAR 2021**|| |**Fixed Assets**|| ||**Tangible Assets**| ||Cost
28,513.80
28,513.80| ||Accumulated Depreciation
(27,402.91)
(26,352.33)| ||**Total Tangible Assets**
**1,110.89**
**2,161.47**| |**Total Fixed Assets**
**1,110.89**
**2,161.47**
**Current Assets**|| |Debtors & Prepayments
6,009.76
5,628.25|| |Cash at bank and in hand
66,140.85
44,740.46|| |**Total Current Assets**
**72,150.61**
**50,368.71**
**Current Liabilities**|| |Amounts falling due within one year
12,353.58
11,079.10|| |**Total Current Liabilities**
**12,353.58**
**11,079.10**|| |**Total Net Current Assets**
**59,797.03**
**39,289.61**|| |**Total Assets less Current Liabilities**
**60,907.92**
**41,451.08**|| |**Net Assets**
**60,907.92**
**41,451.08**
**Represented by:**|| ||Restricted funds
4,517.58
4,220.29
**General Funds**| ||Tithes Fund
1,760.38
2,203.92| ||Other Designated
9,309.47
9,745.16| ||Non-Designated
45,320.49
25,281.71| ||**Total General Funds**
**56,390.34**
**37,230.79**| ||**Total Represented by:**
**60,907.92**
**41,451.08**| Balance Sheet - Horizon - Charity Accounts Horizon Church ## **Profit and Loss** ## **Horizon Church** ## **For the year ended 31 March 2022** |**Profit and Loss**
**Horizon Church**
**For the year ended 31 March 2022**||||| |---|---|---|---|---| ||**RESTRICTED**
**FUNDS**|**UNRESTRICTED**
**FUNDS**|**2022**|**2021**| |**Receipts**||||| |Donations, including recoverable tax|-|91,655.32|91,655.32|89,407.63| |Other Income|-|5.34|5.34|15.47| |The Circle GA repaid|-|6.50|6.50|-| |Twiglets Raffle|-|24.00|24.00|-| |**Total Receipts**|**-**|**91,691.16**|**91,691.16**|**89,423.10**| |**Total Receipts**|**-**|**91,691.16**|**91,691.16**|**89,423.10**| |**Expenditure**||||| |Salaries|-|35,528.20|35,528.20|46,146.16| |Staff Expenses & Training|-|124.18|124.18|93.97| |Service Expenses|-|457.88|457.88|95.77| |Ministries Expenses|-|200.00|200.00|362.70| |Hall Hire|-|4,826.92|4,826.92|10,403.23| |Missionary Gift - Tony & Laura Lewry|-|4,965.00|4,965.00|6,323.75| |Church Repairs & Decoration|-|1,157.54|1,157.54|4,233.47| |Insurance|-|1,515.68|1,515.68|1,003.03| |Utilities|-|1,397.78|1,397.78|1,555.50| |Office Expenses|-|2,554.10|2,554.10|2,235.44| |Depreciation|-|1,050.58|1,050.58|768.33| |Payments from Tithes Fund|-|8,000.00|8,000.00|9,000.00| |Subscriptions|-|2,556.93|2,556.93|2,885.00| |Audit & Accountancy fees|-|727.20|727.20|-| |Church Catering|-|154.09|154.09|-| |Circle Expenses|-|108.24|108.24|-| |Cleaning|-|117.41|117.41|-| |General Expenses|-|806.59|806.59|-| |Giants Expenses|-|322.34|322.34|-| |Monday Moments Expenses|-|195.83|195.83|-| |Printing & Stationery|-|878.68|878.68|-| |Staff and Volunteer Training|-|837.01|837.01|-| |Streaming Equipment|-|228.98|228.98|-| |Worship Expenses|-|1,493.76|1,493.76|-| |Baptistery|-|891.00|891.00|-| |**Total Expenditure**|**-**|**71,095.92**|**71,095.92**|**85,106.35**| |**Surplus of Income**|**-**|**20,595.24**|**20,595.24**|**4,316.75**| |**Profit on Ordinary Activities Before Taxation**|**-**|**20,595.24**|**20,595.24**|**4,316.75**| |**Surplus of Income**|**-**|**20,595.24**|**20,595.24**|**4,316.75**| Profit and Loss - Accounts Horizon Church ## **Independent examiner’s report to the trustees of Horizon Church Sutton** I report on the accounts of the charity for the year ended 31 March 2022. ## **Respective responsibilities of trustees and examiner** The Charities trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the 2011 Act - to follow the procedures laid down in the general directions given by the commission under section 145(5)(b) of the 2011 Act - to state whether particular matters have come to my attention ## **Basis of independent examiner's report** My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the next statement. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - Which gives me reasonable cause to believe that in any material respect the requirements: 1. to keep accounting records in accordance with section 130 of the 2011 Act and 2. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met or - to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Name: Matthew Hunt MPH & Associates Address: Delta House, Bridge Road, RH16 1UA Date: 31 January 2023