| Note | 2022 | 202r | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Restricted funds |
Unrestricted funds |
Endowment funds |
Total | Endowment funds Restricted funds Unrestricted funds |
Total | |||||
| Income and endowmentsfrom: | f | f. | t | f | f | t" | f | f, | ||
| Donations andlegacies Charitableactivities Othertradingactivities Investment income |
2 3 |
31,425 | 51,162 8 1,688 22,780 |
2.3tI | 82,587 8 1,688 25,091 |
13,606 | 54,256 aaJJ 2,014 22"640 |
1,962 | 67,862 JJ 2,014 24,602 |
|
| TotalIncome | 31,425 | 75,638 | 2,311 | 109,374 | r3,606 | 78.943 | 1.962 | 94.511 | ||
| Expenditureon: | ||||||||||
| Raisingfunds | 4 | 5,267 | 5,267 | 5,402 | 5.402 | |||||
| Charitable activities | ||||||||||
| Directserviceprovision Grant funding ofpartners Supportcosts TotalExpenditure |
11,147 ll,l47 |
5,017 74,567 5.455 90,306 |
5,017 85,714 5,455 101,453 |
6,449 6,449 |
59,176 4.3 65 68.943 |
65,624 4.365 75,392 |
||||
| Netgains/(losses)oninvestments | (6,907) | (6,907) | 86,532 | 86,532 | ||||||
| Net Income/(Expenditure) | 20,278 | (14,668) | (4,596) | 1,014 | 7,157 | 10,000 | 88,494 | r05,6s1 | ||
| Transfers between funds | (80r) | 801 | ||||||||
| Net MovementinFunds | 20.278 | (14,668) (4,596)1,,014 | 6,356 | 10,801 | 88,494 | 105,651 | ||||
| Reconciliation of funds: Totalfunds broughtforward Totalfundscarried forward |
10,228 | 46,668 32.000 |
852.359 847.7,63 |
909,255 910,269 |
3.872 0.228 |
35"867 668 |
763,865 8s2.359 |
803,604 909 ,ss |
| BalanceSheet asat3lDecember2022 |
BalanceSheet asat3lDecember2022 |
BalanceSheet asat3lDecember2022 |
|||||
|---|---|---|---|---|---|---|---|
| Restricted UnrestrictedEndowment | 2022 | 2021 |
|||||
| Note | funds | funds | funds | ||||
| fff | f | f | |||||
| Fixedassets | |||||||
| Tangibleassets | 7 | 999 | 775,000 | 775,ggg | 775,372 | ||
| Currentassets | |||||||
| Stock | |||||||
| Debtors | 8 | 4,053 | 4,053 | 2,406 | |||
| Investments | 9 | 60,763 | 60,763 | 65,359 | |||
| Cashat bank andinhand | 30,506 | 28,508 | 12,000 | 71,014 | 67,286 | ||
| 30,506 | 32,561 | 72,763 | 135,930 | 135.051 | |||
| Creditors -amountsfalling | l0 | (1,560) | (1,560) | (1,t68) | |||
| duewithinoneyear | |||||||
| Netcurrentassets | 30,506 | 31,001 | 72,763 | 134270 | l33,gg3 | ||
| Netassets | 30,506 | 32,000 | 847,763 | 910,269 | 909.255 | ||
| Funds | 12,13 | ||||||
| Restricted funds | 30,506 | 10,229 | |||||
| Unrestricted funds | 32,000 | 46,668 | |||||
| Endowment funds | 847,763 | 852,359 | |||||
| Totalfunds | 910,269 | 909,255 |
| onsandlegacies | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | |
| Funds | Funds | Total | Total | |
| f | s | f, | + | |
| Donations receivable | 46,621 | 29,326 | 75,947 | 62,212 |
| Taxrecoverable | 4,541 | 2,099 | 6,640 | 5,650 |
| 51,162 | 31,425 | 82,587 | 67,862 |
| mentIncome | ||||
|---|---|---|---|---|
| Unrestricted | Endowment | 2022 | 2021 | |
| Funds | Funds | Total | Total | |
| g | f. | f. | f | |
| Rent received | 22,500 | 22,500 | )'))| | |
| Incomefrominvestments held | 2,311 | 2,311 | 1,962 | |
| Depositaccount interest | 280 | 280 | I15 | |
| 22,780 | 23tt | 25,091 | 24,602 |
| Unrestricted | Endowment | 2022 | 2021 | |
|---|---|---|---|---|
| Funds | Funds | Total | Total | |
| f, | f, | f. | f | |
| Raising donations | 80 | 80 | 62 | |
| Trading activities | 440 | 440 | 541 | |
| Rentcollection | 1,620 | 1,620 | 1,622 | |
| Propertymaint.&insurance | 3,127 | 3,127 | 3,117 | |
| 5,267 | 5,267 | 5.402 |
| ome/(expendi | ture) isstated | aftercharging/(creditin | g): | ||
|---|---|---|---|---|---|
| Unrestricted | Endowment | 2022 | 202t | ||
| Funds | Funds |
Total | Total | ||
| f, | f, | f. | f | ||
| Depreciation | onassets | 871 | 87t | 371 |
| er 2022 norfortheyearended31De FixedAssets |
cember2021. | ||
|---|---|---|---|
| Landand Buildings |
Plant and Machinery |
Totals | |
| f, | f, | f, | |
| Cost | |||
| At1 January2022 | 775.000 | 4.162 | 779.162 |
| Additions | t.498 | t.498 | |
| Disposals | |||
| Asat3lDecember 2022 | 775,000 | 5,660 | 780,660 |
| Depreciation | |||
| AtIJanuary 2022 | 3,790 | 3.790 | |
| Disposals | 871 | 871 | |
| Charge | |||
| As at3lDecember2022 | 1,661 | 4,661 | |
| Net book value At3lDecember2022 |
775,000 | 999 | 775,999 |
| At3lDecember2021 | 775.000 | 372 | 775,372 |
| buy and sellpropertyin thelocalityof theinve | stment property. |
|---|---|
| f | |
| Valuationin202l | 80,000 |
| Valuation in2019 | 45,000 |
| Valuationin2017 | 50,000 |
| Valuationin20l6 | 25.000 |
| Valuationin2015 | s0.000 |
| Valuationin20l4 | 50,000 |
| Valuation in2013 | 25,000 |
| Valuationin2012 | 10,949 |
| Cost | 439,05r |
| 775,000 |
| 8 | Valuation in2013 Valuationin2012 Cost Debtors andPrepaidExpenses |
25, 10, 439,0 775, |
|
|---|---|---|---|
| 2022 | 2021 | ||
| f, | + | ||
| Otherdebtors | r,833 | 2,406 | |
| Prepayments | 2.2t9 | ||
| 4,052 | 2.406 | ||
| 9 | CurrentAssetInvestments | ||
| 2022 | 2021 | ||
| f, | f. | ||
| Listedinvestments | 60,763 | 65,359 |
| l0 | Creditors | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| f. | f. | |||
| Accruedexpenses | 1.560 | I,168 | ||
| C)thercreditors | ||||
| 1,560 | r.168 |
| ementinFunds | ||||||
|---|---|---|---|---|---|---|
| At01.01.22 | Incoming Resources |
Outgoing Resources |
Gains& Losses/At31.12.22 Transfers |
|||
| f | f | f | ff | |||
| Restricted funds | ||||||
| COVID-19response | 63 | 63 | ||||
| StormAnaresponse | 3,605 | (3,372| |
z)) | |||
| Sportsministry | 482 | 482 | ||||
| School bursary | 2,493 | 3,475 | (1,999) | 3,970 | ||
| Imbwa"LightforLife" | 1,100 | (83) | 1,01 7 | |||
| Radioministry | 5,020 | 6,992 | (3,I28) | 8,884 | ||
| CommunityFundraiser | 8,793 | (6) | 8,787 | |||
| Salaries-Anthony | 8,560 | (2,3l0) | 6,250 | |||
| Pastorhardshipfund | 070 | 0 | 820 | |||
| 10,228 31,425 | (11.141) | 30,506 | ||||
| Unrestricted funds | ||||||
| General fund | 46,668 75,638 | (90,306) | 32,000 | |||
| Endowment funds | ||||||
| Building | 775,000 | 775,000 | ||||
| Other | 77,359 | 2,311 | (6,901) | 72,763 | ||
| 852,3592,311 | (6,907)847,763 | |||||
| TotalFunds | 909,255109,374 | (101,453)(6,907)910,269 |
| Restricted | Unrestricted | Unrestricted | Endowment | Total | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | ||
| 2022 | 2022 | 2022 | |||
| f | g | *. | f | ||
| TangibleFixed Assets | 999 | 775.000 | 775,999 | ||
| CurrentAssets | 30,506 | 32,561 | 12.163 | t35,830 | |
| CurrentLiabilities | (1,560) | (1,560) | |||
| NetAssetsAt3lDec | 30,506 | 32,000847,763 | 910,269 | ||
| Restricted | Unrestricted | Endowment | Total | ||
| Funds | Funds | Funds | 202t | ||
| 2021 | 2021 | 2021 | |||
| f. | f | f | f. | ||
| TangibleFixed Assets | 372 | 775,000 | 775.372 | ||
| CurrentAssets | 10,228 | 47,464 | 71,359 | 135,05I | |
| CurrentLiabilities | (1,168) | (1,168) | |||
| NetAssetsAt31 Dec | 10,228 | 46,668852,359 | 909,255 |
| DetailedStatement ofFinancialActivities fo | rtheYearEnded3lDecember 202 | 2 |
|---|---|---|
| 2022 | 2021 | |
| Income andEndowments | f. | f |
| Donations andlegacies | ||
| Donations | 75,947 | 62,212 |
| Giftaid | 6,640 | 5,650 |
| 82,587 | 67,862 | |
| Other tradingactivities | ||
| Fundraisingevents Tradingpayments received |
1,688 | 2,014 |
| r.688 | 2,014 | |
| Investmentincome | ||
| Rentsreceived | 22,500 | 22,525 |
| Otherinvestment incomereceived | 2,311 | 1,962 |
| Deposit account interest | 280 | 115 |
| 25,091 | 24.602 | |
| Charitableactivities | ||
| Prirnary purposetrading | 8 | JJ |
| Totalincomingresources | 109,374 | 94,511 |
| Expenditure | ||
| Raisingdonationsandlegacies | ||
| Primarypurposetradingcosts | 4 | 6 |
| Raising donationscosts | 80 | 62 |
| 84 | 68 | |
| Other tradingactivities | ||
| Tradingcosts | 436 | 53s |
| Ihvestmentmanagementcosts | ||
| Rentcollection | 1,620 | 1,622 |
| Property maintenance | 2,730 | 2,836 |
| Property insurance | 397 | 341 |
| 4,141 | 4,799 |
| DetailedStatementof FinancialActivities forthe Y | earEnded31December2022(conti | nued) |
|---|---|---|
| 2022 | 2021 | |
| f,f | ||
| Charitableactivities | ||
| J-Life Ministries | 87,599 | 63,152 |
| SecondarySchoolBursariesforGirls | 1,997 | 1,139 |
| AcademicScholarships | 507 | 436 |
| Gifts to Individuals in Malawi | l8 | 450 |
| Giftsto other Organisationsin Malawi | 49 | |
| UKMinistry | 674 | 470 |
| UK OfficeCosts | 3,859 | 2,741 |
| Equipment-Depreciation | 871 | 371 |
| 95,573 | 69,359 | |
| Governancecosts | ||
| Independent examinersfee | 600 | 600 |
| Other | l3 | 31 |
| 613 | 631 | |
| Total charitableresourcesexpended | 96,186 | 69,990 |
| Totalresourcesexpended | 101,453 | 75,392 |
| Net income | 7,921 | 19,119 |