ChurchSv+troii Chairman's Rep)rt 1$1 April 2022 to 3191 March 2023 Horizon Church had a successful year and has b)und back in comparison to premous years when reviewing the reduced actiwty wst Covid-19. The regular groups have developed aThJ adapted well to meet the needs of the Ic1 communty. We feel Horizon ntinUeS to make a positive impact to the wder neighbourfKJ)d that surrounds tts facility in Sution. Our Sunday church that recommenced in the church building in 2021 began to have a stable attendance, we continued broadcasting via zoom to SUPFJOrt ttts)se at high risk that felt they could not attend the sermce in person. FollowrKJ the retirement of Horizons Senior Ministers in summer 2021, January 2023 saw the commissioning of the new Senior Minister Jamie Fletcher. 22r23 also saw our seniors monthly social Tr Cirde) adapt to a veklY coffee morning (Monday Moments) which grew in its first year and included some special events such as a Mother's Day mornir¥J and BirMJo momings, this gathering was grealiy appreciate by the senior citizens that attended. The children's group (Twglets) ¢ontinLEd to be a success and is held in high regard by the young mothers of the community as a Spa for them to meet and for their children to socialise wilh others their age. Horizon church had a number of successful nts throughout the Christtan calendar which included Easter Messy Church for children. Pentecost Sunday- a joint Church service with 3 local chuiches. Summer events- Horizon ran a stall with 3 local churches at the local summer festival and also Christmas Community Events - Monday Moments Chrisknas Buffet, Messy Church for kids. Community Carols serw¢e and distnbution of hampers in partnership wth Sutton Community Works. With the cost-of-limng crisis, Horizon was able to respond arKI host'winter Warm ups, _ a Family Cinema Club which ran for several weeks in earty 2023. Also 'OFen Spa. which was a free hot meal and a placé for all the MMunity as a warm spa. Our financial inwme conlinued to be stable in 22r23 which enabled us to maintain the resources required to deliver the numerous seNces to the community. We also onboarded a part time administrator that SUFPOrted all the regular events and incents'ves. We believe that the work of Horizon Church conts'nues helping people and being a positive impact to our community. Samuel Gnanaseharam Chair of Trustees Horizon Church SLrtton Phone.. 0208 123 2456 Emall.. office @ horizonchurchsutlon.org Web.. www.horizonchurchsutlon.org Reglstered Charlty No. 1143831
Balance Sheet
Horizon Church
As at 31 March 2023
| Balance Sheet Horizon Church As at 31 March 2023 |
Balance Sheet Horizon Church As at 31 March 2023 |
|---|---|
| 31 MAR 2023 31 MAR 2022 |
|
| FixedAssets | |
| Tangible Assets | |
| Cost 29,277.49 28,513.80 |
|
| Accumulated Depreciation (27,901.32) (27,384.35) |
|
| Less Accumulated Depn on Baptistery (184.60) (18.56) |
|
| Baptistery 938.99 - |
|
| Total Tangible Assets 2,130.56 1,110.89 |
|
| Total Fixed Assets 2,130.56 1,110.89 CurrentAssets |
|
| Debtors & Prepayments 8,345.51 6,009.76 |
|
| Cash at bank and in hand 73,400.06 66,140.85 |
|
| Total Current Assets 81,745.57 72,150.61 CurrentLiabilities |
|
| Amounts falling due within one year 11,889.01 12,353.58 |
|
| Total Current Liabilities 11,889.01 12,353.58 |
|
| Total Net Current Assets 69,856.56 59,797.03 |
|
| Total Assets less Current Liabilities 71,987.12 60,907.92 |
|
| Net Assets 71,987.12 60,907.92 Represented by: |
|
| Restricted funds 7,069.56 4,517.58 General Funds |
|
| Tithes Fund 350.63 1,760.38 |
|
| Other Designated 9,292.25 9,309.47 |
|
| Non-Designated 55,274.68 45,320.49 |
|
| Total General Funds 64,917.56 56,390.34 |
|
| Total Represented by: 71,987.12 60,907.92 |
19 Jul 2024 Page 1 of 1
Balance Sheet - Horizon - Charity Accounts Horizon Church
Profit and Loss
Horizon Church
For the year ended 31 March 2023
| RESTRICTED FUNDS |
UNRESTRICTED FUNDS |
2023 | 2022 | |
|---|---|---|---|---|
| Receipts | ||||
| Donations, including recoverable tax | - | 91,737.86 | 91,737.86 | 91,655.32 |
| Other Income | - | 268.83 | 268.83 | 5.34 |
| The Circle GA repaid-old | - | - | - | 6.50 |
| Twiglets Raffle | - | 60.00 | 60.00 | 24.00 |
| Gift Aid on Hall Use donations | - | 10.00 | 10.00 | - |
| Total Receipts | - | 92,076.69 | 92,076.69 | 91,691.16 |
| Total Receipts | - | 92,076.69 | 92,076.69 | 91,691.16 |
| Expenditure | ||||
| Salaries | - | 38,739.96 | 38,739.96 | 35,528.20 |
| Staff Expenses & Training | - | 1,220.68 | 1,220.68 | 124.18 |
| Service Expenses | - | 1,501.47 | 1,501.47 | 457.88 |
| Ministries Expenses | - | 453.99 | 453.99 | 200.00 |
| Hall Hire | - | 6,179.08 | 6,179.08 | 4,826.92 |
| Missionary Gift - Tony & Laura Lewry | - | 9,382.50 | 9,382.50 | 4,965.00 |
| Church Repairs & Decoration | - | 4,972.97 | 4,972.97 | 1,157.54 |
| Insurance | - | 1,590.44 | 1,590.44 | 1,515.68 |
| Utilities | - | 1,192.55 | 1,192.55 | 1,397.78 |
| Office Expenses | - | 2,096.99 | 2,096.99 | 2,554.10 |
| Depreciation | - | 683.01 | 683.01 | 1,050.58 |
| Payments from Tithes Fund | - | 8,500.00 | 8,500.00 | 8,000.00 |
| Subscriptions | - | 2,532.78 | 2,532.78 | 2,556.93 |
| Audit & Accountancy fees | - | 626.40 | 626.40 | 727.20 |
| Church Catering | - | 720.03 | 720.03 | 154.09 |
| Circle Expenses | - | 202.88 | 202.88 | 108.24 |
| Cleaning | - | 108.95 | 108.95 | 117.41 |
| General Expenses | - | 1,010.55 | 1,010.55 | 806.59 |
| Youth/Giants Expenses | - | 129.54 | 129.54 | 322.34 |
| Monday Moments Expenses | - | 226.46 | 226.46 | 195.83 |
| Printing & Stationery | - | 698.48 | 698.48 | 878.68 |
| Staff and Volunteer Training | - | 921.00 | 921.00 | 837.01 |
| Streaming Equipment | - | - | - | 228.98 |
| Worship Expenses | - | 45.98 | 45.98 | 1,493.76 |
| Payment of income coded H4520 | - | 56.56 | 56.56 | - |
| Youth Restricted Expenditure | 130.00 | - | 130.00 | - |
| Baptistery Expense | - | (891.00) | (891.00) | 891.00 |
| Total Expenditure | 130.00 | 82,902.25 | 83,032.25 | 71,095.92 |
Profit and Loss - Accounts Horizon Church
19 Jul 2024 Page 1 of 2
Profit and Loss
| RESTRICTED FUNDS |
UNRESTRICTED FUNDS |
2023 | 2022 | |
|---|---|---|---|---|
| Surplus of Income | (130.00) | 9,174.44 | 9,044.44 | 20,595.24 |
| Surplus Before Taxation | (130.00) | 9,174.44 | 9,044.44 | 20,595.24 |
| Surplus of Income | (130.00) | 9,174.44 | 9,044.44 | 20,595.24 |
Profit and Loss - Accounts Horizon Church
19 Jul 2024 Page 2 of 2
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 2023.
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:
-
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: 19 July 2024