2022-12-31-accounts

		Year	ended 31 Dec	2022		Year	ended 31 Dec	2021
		Restricted	Unrestricted	Total		Restricted	Unrestricted	Total
		Funds	Funds			Funds	Funds
	Note	E	f				f	E
/ncome from:
Donations, grants,	3	186.066	659,426		845,492	88,424	1,165,511	1,253,935
legacies
Charitable activities			33,690		33,690		307		307
Other trading activities			100,466		100,466		51,743	51,743
Investments			527		527		50		50
Tota I income		186,066	794,109		980,175	88,424	1,217,6'I 1	1,306,035
Expenditure occ
Charitable activities	6	103,188	789,377		892,565	97,226	1,156,499	1,253,725
Tota I expenditure		103,188	789,377		892,565	97,226	1,156,499	1,253,725
Net (expenditure)
/income		82,878	4,732		87,610	(8,802)	86,112	77,310
Transfer between
Funds	17	17,617	(17,617)			21,345	(21,345)
Other recognised
gains and losses:
(Losses)/gains on
revaluation offixed assets	10		(25,000)		(25,000)		25,000	25,000
Net movement in
funds		100,495	(37,885)		62,610	12,543	64,767	77,310
Reconciliation of
funds
Total fund brought
forward		97,483	3,856,472	3,953,955		84,940	3,791,705	3,876,645
Total funds carried
forward		197,978	3,818,587	4,016,565		97,483	3,856,472	3,953,955

Balance sheet as at 31D	ecember 2022
		31.12.2022	31.12.2021
	Note		E
Eixed assets
Tangible assets
Properties	10	1,850,000	1,875,000
Equipment and furniture	11	483,081	496,172
Property improvements	12	1,203,144	1,253,450
Investments	13	2	2
		3,536,227	3,624,624
Current assets
Stocks		23,934	9,288
Debtors and
prepayments	14	134,586	208,301
Cash at bank and in hand		500,180	399,523
		658,700	617,112
Current liabilities
Creditors: amounts falling
due within one year	15	178,362	287,781
Met current assets		480,338	329,331
Net assets	16	4,016,565	3,953,955
Funds
Restricted funds	17	197,978	97,483
Unrestricted funds
Revaluation reserves	17
Designated funds	17	178,433	283,670
General funds
		3,640,154	3,572,802
Total funds		4,016,565	3,953,955

					Year ended	Year ended	Year ended	Year ended
					31 Dec	2022	31 Dec	2021
				Note	f		E
Cash utilised by operating		activities		(i)		144,066		612,916
Cash flows frominvesting	activities
Other income						527		50
Purchase oftangible fixed assets						(43,936)	(1,706,280)
Proceeds from sale ofinvestments
Cash (used in)/from investing		activities				(43,409)	(	1,706,230)
(Decrease)/increase in cash and cash equivalents			during
the year						100,657	(1,093,314)
Cash and cash equivalents		brought forward				399,523		1,492,837
Cash and cash equivalents		carried forward				500,180		399,523

					Year ended	Year ended	Year ended	Year ended
					31	Dec	2022	31 Dec 2021
						E
Net movement in	funds						62,610	77,310
Add back depreciation and impairment							132,333	26,636
Deduct investment	income shown		in investing	activities			527	50
Deduct gains/add	back losses	on	investments
(Increase)/Decrease	in stock						(14,646)	22,473
(Increase)/Decrease	in debtors						73,715	253,534
(Decrease)/Increase	in creditors						(109,419)	233,013
Net cash utilised by operating		activities					144,066	612,916

Donations,	grants, lega	cies and other	charitable inc	ome
	Restricted	Unrestricted	Total	Restricted	Unrestricted	Total
	Funds	Funds	2022	Funds	Funds	2021
	F	E	E	E	E	E
Freewill	112,888	554,718	667,606	87,743	762,806	850,549
offerings
Government	69,276		69,276		258,882	258,882
grant
schemes
Income tax	3,902	104,708	'I08,610	681	143,823	144,504
recoverable
	186,066	659,426	845,492	88,424	1,165,511	'l,253,935

nvestment Income
	Restricted		Unrestricted	Total	Restricted	Unrestricted	Total
	Funds		Funds	2022	Funds	Funds	2021
		E	E	E	E		E
Interest receivable			527	527		50	50
Other trading activities
	Restricted	Unrestricted		Total	Restricted	Unrestricted	Total
	Funds		Funds	2022	Funds	Funds	2021
	E		E	E	E	E	E
Income from tower rental			35,396	35,396		35,259	35,259
Venue hire			49,365	49,365		1,511	1,511
Ancillary 8 office space income			15,675	15,675		14,973	14,973
			100,466	100,466		51,743	51,743

Expenditure
			Restricted	Unrestricted
			Funds	Funds	Support	Total	Total
			Direct cost	Direct costs	Cost	2022	2021
			E	E	E	E	E.
Charitable activities
Gifts made			1,526	62,400		63,926	51,592
Other charitable		activities	101,662	278,143	448,834	828,639	1,202,133
Total charitable	activities		103,188	340,543	448,834	892,565	1,253,725

ifts made	were	as follows:
			Gifts to	Gifts	to	Total	Total
			Institutions	Individua	Is	2022	2021
			f			E	E
Benevolent	needs			1,526		1,526	500
Overseas missionaries				2,500		2,500	6,000
Latin Link			5,500			5,500	6,500
Commission	Apostolic Trust		30,004			3Q,004	20,004
FIEC			7,864			7,864	7,968
Agape			2,400			2,400	2,400
Power The Fight			1,200			1,200	1,200
The Gate Pregnancy		Crisis Centre	6,000			6,000	6,QQQ
Open Doors			5,000			5,000
LSEChristian	Union		1,000			1,000
Others			933			933	1,020
Total gifts			59,901	4,026		63,927	51,592

Support	Costs
			2022	2021
			E	E
Staff costs			176,696	151,786
Premises costs			47,581	525,687
Professional	fees		6,839	33,473
Depreciation			107,333	51,636
Revaluation	ofleasehold	property	25,000	(25,000)
Governance	costs:
Auditors remuneration			7,200	5,820
Other costs			78,185	31,638
			448,834	775,040

taffcosts
		2022	2021
		E	E
Wages and salaries		370,775	343,986
Social security costs		35,011	24,352
Pension costs		20,194	17,120
Other employment	costs	8,508	7,909
		434,488	393,366

emu	neration was paid to trustees and t	heir close family as follows:
			Pension	Benefits
		Salary	contribution	in kindf
Total	remuneration	100,806	5,040
		100,806	5,040

Properties	—leasehold	—leasehold	31.12.2022	31.12.2021
			E	E
Residential	property	value brought
forward			1,875,000	1,850,000
Revaluation	in year		(25,000)	25,000
Value carried forward			1,850,000	1,875,000

		31.12.2022	31.12.2021
		E	E
Cost
Brought	forward	691,657	243,019
Additions in the year		43,936	448,638
Carried	forward	735,593	691,657
Accumulated Depreciation
Brought	forward	195,485	148,041
Charge	for the year	57,027	47,444
Carried	forward	252,512	195,485
Net book	value
Carried	forward	483,081	496,172
Premise	s Improvements
		31.12.2022	31.12.2021
Cost		E	E
Broughtforward		1,257,642
Additions	in year		1,257,642
Carried forward		1,257,642	1,257,642
Accumulated Depreciation
Brought	forward	4,192
Charge	for the year	50,306	4,192
Carried	forward	54,498	4,192
Net book	value
Carried forward		1,203,144	1,253,450
Fixed Asset Investments
		31.12.2022 E	31.12.2021f
Broughtfo	rward	2	2

Broughtforward
Disposal in year
Carried forward
Investment in subsidiary

31.12.2022	31.12.2021
E
34,589	1,362
47,153	172,218
52,844	34,721
134,586	208,301

		31.12.2022	31.12.2021
Amounts	falling due within one year
Accounts payable		18,427	17,027
Other creditors		88,555	11,667
Taxation	and social security	9,385	7,852
Accruals		61,995	251,235
		178,362	287,781

Analysis ofNe	t Assets betwe	en Funds
		General	Designated	Restricted	Total
		funds	funds	funds	2022
Tangible fixed assets		3,536,225			3,536,225
investments		2			2
Current assets		279,464	178,433	200,803	658,700
Creditors: Amounts	falling	(175,537)		(2,825)	(178,362)
due within one year
		3,640,154	178,433	197,978	4,016,565

		General	Designated	Restricted	Total
		Funds	funds	Funds	2021
		E	f		E
Tangible fixed assets		3,438,026	186,596		3,624,622
Investments		2			2
Current assets		420,333	97,074	99,705	617,112
Creditors: Amounts	falling due within
one year		(285,559)		(2,222)	(287,781)
		3,572,802	283,670	97,483	3,953,955

		Balance at	Income	Expenditure	Transfers	Balance at
		31.12.2021	and gains			31.12.2022
		E	E		E	E
Unrestricted funds
Designated funds
Grants fund		186,596			(8,163)	178,433
Missions fund		97,0?4			(97,074)
Building fund
		283,670			(105,237)	178,433
Undesignated funds
General fund		3,572,802	794,109	(789,377)	87,620	3,665,154
Revaluation offixed	assets			(25,000)		(25,000)
		3,856,472	794,109	(814,377)	(17,617)	3,818,587
Restricted funds
Benevolent fund			875	(1,526)	651
Food bank		59,089	157,889	(75,110)		141,268
Debt centre			261	(17,227)	16,966
Walthamstow		38,394	275			38,669
Community Outreach	and Warm		26,766	(8,725)		18,041
Space
		97,483	186,066	(103,188)	17,617	197,978
Total funds		3,953,955	955,175	(892,565)		4,016,565

	Balance at	Income	Expenditure	Transfers	Balance at
	31.12.2020	and gains			31.12.2021
	E	E		E	E
Unrestricted funds
Designated funds
Grants fund			(1,362)	187,958	186,596
Missions fund	97,074				97,074
Building fund	539,352	393,179	(521,'I 95)	(411,336)
	636,426	393,179	(522,557)	(223,378)	283,670
Undesignated funds
General fund	3,155,279	824,432	(633,942)	202,033	3,547,802
Revaluation offixed assets		25,000			25,000
	3,791,705	1,242,611	(1,156,499)	(21,345)	3,856,472
Restricted funds
Benevolent fund			(500)	500
Food bank	78,839	55,675	(75,425)		59,089
Debt Centre		456	(21,301)	20,845
Walthamstow	6,101	32,293			38,394
Special appeals
	84,940	88,424	(97,226)	21,345	97,483
Total funds	3,876,645	1,331,035	(1,253,725)		3,953,955