**Company No. 07900719**
## **Unaudited Financial Statements**
**For the Year Ended 31 December 2022**
## **for**
## **24-7 Prayer Stanford**
**(Charity Commission No. 1146983)**
## **24-7 Prayer Stanford (Charity Commission No. 1146983) Contents for the Financial Statements For the Year Ended 31 December 2022**
|General information
Trustees Annual Report
Independent Examiners Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements|PAGE|
|---|---|
||1
2-6
7
8
9
10-14|
**24-7 Prayer Stanford (Charity Commission No. 1146983) General information For the Year Ended 31 December 2022**
|TRUSTEES:|Robb Philip Harman|
|---|---|
||Stephen Morris|
||Catherine Smith|
||Peter Connor|
||Deborah Connor|
|DIRECTORS:|Robb Philip Harman|
||Sally Elizabeth Harman|
||Jonathan Andrew Biddle|
|CHAIRPERSON:|Mr Robb Philip Harman|
|ADDRESS:|217 Southend Road|
||Stanford Le Hope|
||Essex|
||SS17 7AQ|
|ACCOUNTANTS:|Moore Kingston Smith LLP|
||Orbital House|
||20 Eastern Road|
||Romford|
||Essex|
||RM1 3PJ|
|BANK:|Barclays Bank|
||24 Grover Walk|
||Corringham|
||Essex|
||SS17 7LY|
|COMPANY NO.|07900719|
1
**24-7 Prayer Stanford (Charity Commission No. 1146983) Trustees Annual Report For the Year Ended 31 December 2022**
24-7 Prayer Stanford is a company limited by guarantee and is governed by it’s articles of association. The company was incorporated on 6 January 2012.
## **Objects of the charity**
24-7 Prayer Stanford (Proximity Church) is a Christian community that operates primarily in Thurrock and the surrounding areas of Essex. The objects of the charity are the provision of supportive projects such as youth work, educational services, pastoral care, acts of worship and projects to benefit the community and the surrounding neighbourhood.
## **Review and achievements of 2022**
Proximity Church continues to pursue and practice three core values of::
- **Family** : to live and share life as an open and inclusive community;
- **Sent** : to be prepared to serve and go where the Spirit may lead;
- **Encounter** : to encounter and experience God.
These values are the lenses through which we view all Proximity activities, meetings and endeavours. We want these to be the markers of Proximity Church.
The newly formed Trustee Board and Leadership Team of Proximity Church became well established in 2022, meeting quarterly through the year. This structure has proven to be invaluable, providing a rigorous, accountable and supportive framework around the leadership of the church, its vision and strategy.
The Leadership team, consisting of Charlotte Harman (Team Leader), Jonathan Biddle and Christie Harman, continued to meet bi-weekly through 2022. In line with our goals, the Leadership were invested heavily in the newly formed “Wider Leadership Team” consisting of House Church Leaders and key leaders within the Church. This group met bi-monthly and has created an environment where leaders are nurtured, equipped, and empowered within the Church. This investment in team and leadership has meant leadership within the church has been responsive, adaptive, and more effective in actualising the Church’s vision and strategy.
## **House Churches**
House Churches continued to meet throughout the week with gatherings on Monday, Tuesday, Wednesday and Thursday evenings over a meal. A core practice of Proximity Church is to eat together; we see mealtimes as ways that we can truly live out our values and welcome others to join us. In 2022 we were very privileged to have a couple of refugee individuals and families join these mealtimes, with some of them becoming core members within the wider life of the church. We wanted to give these families our very best. Each House Church therefore embraced a refugee family or individuals and were able to tailor pastoral support and form deeper relationships. We also had other new members and families join our House Churches; this grassroots growth is what success looks like to Proximity Church.
## **Encounter Sundays**
Encounter Sundays are core to Proximity Church membership as this is the only opportunity within the month where all Proximity Church members (and guests) gather. These often have a celebratory feel and end with a large meal. Members from the church contribute in many ways to make Encounter Sundays happen, such as preparing food, setting up, speaking or leading in other ways.
2
**24-7 Prayer Stanford (Charity Commission No. 1146983) Trustees Annual Report For the Year Ended 31 December 2022**
## **Learning**
For both our Community Learning and Family Learning we studied the six values of 24-7 Prayer. The leaders chose this as a way of centering the Church upon practices and values that were key in the early establishment of Proximity Church. Since COVID, it felt right to revisit these foundations for both old and new members. Proximity Church invited speakers to share their hearts and thoughts from the wider 24-7 Prayer Network. These times have been formative and inspiring.
## **Prayer**
We continued to seek after a monthly prayer rhythm. Once a month, Proximity Church led Prayer Walks in Stanford and Corringham. These times were open to the wider local church network and have proven to be a brilliant way to connect with other churches and individuals in the area. We managed to prayer walk every street in our town.
Proximity Church, in partnership with Fresh Hope Church, hosted three pop-up 24-7 Prayer Weeks in Victoria Road Chapel. These 24-7 Prayer Weeks take a lot of investment but have proven to be a real highlight for the church. It is a reminder of how our Church is suffering by not having a permanent place of prayer and reinforces our desire for one even more. Charl Harman has been in contact with local estate agents, the council and other churches to see if there is a possibility of a local Prayer Space being established. These discussions are on-going.
## **Communication**
Our contracted communication consultant, Lobster Digital, continues to be an invaluable asset to our church community providing regular updates to our website. The publishing of talks, blogs and social media posts, enables the church to have a local and national interface. The website has become a key platform for members and guests to keep up with church life and provides the leadership team with a platform to communicate succinctly and effectively. Furthermore, the videos and media content produced by Lobster Digital enable the church to promote themselves in an authentic and aesthetically pleasing manner.
## **Team Leader Role**
Charlotte Harman continued to be employed as the Team Leader for Proximity Church. This role has created the opportunity for the Leadership Team to have more direction, pace, vision and structure. In this role Charlotte has been able to actualise the charity goals for 2022 through investment in leaders, shaping the church activities, communicating to the church, networking with local leaders and the wider 24-7 Prayer Network and seeking new and creative approaches towards the vision and strategy of the church.
In November of 2022 Charlotte went on maternity leave and is set to return in September 2023.
## **Proximity Schools Team**
Proximity Schools’ team’s contracts commenced on Wednesday 1st September 2021; we employed 5 people with only Joyce Gjoni (Director) as full-time (36 hours). The other 4 members of the team all had parttime contracts that ranged from a minimum of 10 hours to a maximum of 32 hours a week. It is important to say that at the end of the school year we had the joy of adding another part time member to the team and increasing a part time contract by 5 extra hours per week.
In July 2021 we had signed a Service Level Agreement with the Ortu Federation (Multi-Academy Trust) that provided the services listed below with the following numbers of students who attended during this school year:
3
## **24-7 Prayer Stanford (Charity Commission No. 1146983) Trustees Annual Report For the Year Ended 31 December 2022**
o TLG coaching - 6 pupils
o Mentoring – 72 pupils
o MADE courses – 12 pupils
o MADE+ - 24 pupils
o Covid Catch Up interventions – 190 pupils
o Reading in Primary School – 48 pupils
o Summer School – 15 pupils o TOTAL – 367 pupils
## **Good news**
In December ‘21, we trained our 3rd MADE Centre which is going to be in Solihull.
It was a very successful event that made us very proud of the journey we have been on over the years, and the feedback from those who attended the training was extremely positive and encouraging.
Term 1 was highlighted by a very successful MADE course in Hassenbrook where inner transformation and improved behaviour in our 6 pupils were documented and witnessed by both the students themselves and their teachers. To confirm this, the Head of Year 9, in awe of the growth and change seen in these pupils, sent us a ‘group impact report’:
Behavioural points: decreased by 32% Isolation Days: decreased by 27% Detentions: decreased by 29%.
**Mentoring** has also been very fruitful and rewarding. More than ever, we saw positive changes in many of our students who have been struggling with anxiety, low self-esteem and self-harm. We also established deeper relationships with teachers and school staff. More and more we can see how Proximity Schools is getting a voice in the establishment we are working in.
## **Grants**
In February 2022, Proximity Schools were awarded the High Sheriff’s grant for a total of £8,700 (£6,700 from the Essex Community Foundation and £2,000 from the High Sheriff’s fund). Additionally, in March the FSJ fund awarded us a further £2,500. All this has been very encouraging.
## **Summer School**
We ran a week in August where we had 14 pupils from the whole Trust, from Yr 6 to Yr 10, for 5 hrs a day. The theme was ‘Around the World in 5 days’ where every day we introduced a new country, its traditions and fun facts. The students also learnt to cook a national dish from that country. The feedback from both students and parents was outstanding and the 2 schools were very proud of this achievement too.
## **Finances**
This school year ended with a good carry forward of £23,000. The challenge for next year is to raise enough money to cover a bonus that the Board of Trustees have decided to give every member of the team in view of the increase of living costs. Staff will also receive a pay rise starting in September.
## **Conclusion**
At the end of the school year the CEO agreed to cutting down on English and Maths tuition and to have Proximity Schools more heavily involved in the spiritual and emotional lives of the three schools. This meant increasing the amount of one-to- one mentoring, extending to our local Primary school too, and introducing 12 new workshops for all year groups in each Secondary School. Through these workshops we will deal with themes such as Resilience, Anger, Anxiety and Healthy Relationships. We will also be offering spiritual reflective spaces where Christianity can be explored by believers and non-believers.
4
**24-7 Prayer Stanford (Charity Commission No. 1146983) Trustees Annual Report For the Year Ended 31 December 2022**
Ending the school year on such a high note, gave new hope and purpose to the team and everyone is looking forward to what the new year holds.
At the end of 2022 the Trustees and Leadership team of Proximity Church set themselves the following goals for the new year:
- •Prayerfully consider a permanent venue
- •Look at ways to develop and grow the core Proximity Leadership Team
- •The multiplication of House churches to be our strategy and mechanism for growth
- •Maintain and increase the number of Proximity Trustees
•Develop Schools’ Work and MADE to increase Proximity Church’s capacity to bless and champion individuals and communities both locally and nationally
•Encourage community members to attend Wildfires festival and/or the annual 24-7 Prayer European conference
- •Continue to seek new and adaptive ways to bless and serve our town and beyond
## **Public benefit**
Having considered the latest Charity Commission guidance on public benefit, the Trustees believe that 24-7 Prayer Stanford is able to evidence support for a wide range of beneficiaries.
## **Financial Review and reserves policy**
The charity returned a surplus for the year of £9,576 (2021: £5,631). At 31 December 2022 the charity held reserves of £71,224 (2021: £61,648). The charity does not hold a significant level of reserves as all incoming funds are applied for charitable purposes. Any reserves held are held for charitable activities.
## **Structure, governance and management**
The company is a registered company limited by guarantee domiciled and incorporated in England and Wales and is governed by its Memorandum and Articles of Association. The registered office is 217 Southend Road, Stanford le Hope, Essex, SS17 7AB.
The trustees who held office during the year are disclosed on page 1.
New trustees are appointed to the board who the board believe would put the best interests of the charity first. The board will ensure fairness and transparency in the selection process.
## **Statement of Trustees’ Responsibilities**
The Trustees and the directors are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the directors to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charity and of the incoming resources and applications of resources, including income and expenditure, of the company for that period. In preparing these financial statements, the Trustees are required to:
- Select suitable accounting policies and apply them consistently.
- Observe the methods and principles in the Charities Statement of Recommended Practice.
- Make judgements and estimates that are reasonable and prudent.
- State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements.
- Prepare the financial statements on a going concern basis, unless it is inappropriate to presume that the charity will continue in business.
5
**24-7 Prayer Stanford (Charity Commission No. 1146983) Trustees Annual Report For the Year Ended 31 December 2022**
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (FRS102) and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small entities.
Approved by the Trustees on 2023 and signed on their behalf by:
…………………………….
**Robb Philip Harman Director**
6
**24-7 Prayer Stanford (Charity Commission No. 1146983) Independent Examiners Report to the Trustees of 24-7 Prayer Stanford For the Year Ended 31 December 2022**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
- 1) accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
- 2) the accounts do not accord with those records; or
- 3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
- 4) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **Paul Springfield For and on behalf of Moore Kingston Smith LLP**
Chartered Accountants
Date:
Orbital House 20 Eastern Road Romford Essex RM1 3PJ
7
## **24-7 Prayer Stanford (Charity Commission No. 1146983) Statement of Financial Activities (including an Income and Expenditure Account) For the Year Ended 31 December 2022**
|||**Unrestricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|
|||**Funds**|**Funds**|**Funds**|**Funds**|
|||**2022**|**2022**|**2022**|**2021**|
||**Notes**|**£**|**£**|**£**|**£**|
|**Income from:**||||||
|Donations and grants||89,879|36,901|126,780|104,615|
|Charitable activities:||||||
|Other income||-|-|-|-|
|Investment income received||2|-|2|1|
|||89,881|36,901|126,782|104,616|
|**Expenditure on:**||||||
|Raising funds|**3**|-|-|-|-|
|Charitable activities|**3**|74,493|42,713|117,206|98,985|
|||74,493|42,713|117,206|98,985|
|**Net income/(expenditure)**||**15,388**|**(5,812)**|**9,576**|**5,631**|
|Transfers||-|-|-|-|
|Net movements in funds||**15,388**|**(5,812)**|**9,576**|5,631|
|**Reconciliation of funds:**||||||
|Total funds brought forward||41,911|19,737|61,648|56,017|
|Total funds carried forward|**11**|**57,299**|**13,925**|**71,224**|**61,648**|
All incoming resources and resources expended derive from continuing activities.
There are no recognised gains or losses other than the surplus for the year.
8
## **24-7 Prayer Stanford (Charity Commission No. 1146983) Balance Sheet For the Year Ended 31 December 2022**
|**Notes**
**Current Assets**
Debtors
**8**
Cash at bank
Cash in hand
**Current Liabilities**
Creditors: amounts falling due
within one year
**9**
**Net assets**
**10**
**Represented by:**
Unrestricted funds
**11**
Restricted funds
**11**
**Total funds**|**2022**
**£**
285
73,112
180|**2022**
**2021**
**£**
**£**
-
63,324
663
73,577
(2,353)
**71,224**
57,299
13,925
**71,224**|**2021**
**£**
-
63,324
663|**2021**
**£**
63,987
(2,339)|
|---|---|---|---|---|
||||||
|||||**61,648**|
|||||41,911
19,737|
|||||**61,648**|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2022. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these financial statements.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
- (a) ensuring that the company keeps accounting records which company with section 221 of the Act; and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the company at 31 December 2022 and of its profit for the year then ended in accordance with section 226, and otherwise comply with the requirements of the Act relating to financial statements, so far as applicable to the company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved for issue by the Board on 2023 and 23 September signed on its behalf by:
……………………………. Robb Philip Harman Director Company No. 07900719
9
**24-7 Prayer Stanford (Charity Commission No. 1146983) Notes to the Financial Statements For the Year Ended 31 December 2022**
## **1. Accounting Policies**
## **Company information**
24-7 Prayer Stanford is a company limited by guarantee domiciled and incorporated in England and Wales. The registered office is 217 Southend Road, Stanford le Hope, Essex, SS17 7AB.
## **(a) Basis of accounting**
The financial statements have been prepared under the historical cost convention, with the exception of listed investments which are included at their market value. The financial statements have been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland effective 1 January 2015 (The FRS 102 Charities SORP), the Companies Act 2006 and Charities Act 2011.
The Trustees confirm that the Charity meets the definition of a public benefit entity under FRS 102.
## **(b) Fund accounting**
- Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
- Restricted funds are subject to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
## **(c) Income**
All income is included in the statement of financial activities when the charity is entitled to receive the income and the amount can be quantified with reasonable accuracy. The following policies are applied to particular categories of income:
- Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
- Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these financial statements.
- Investment income is included when receivable.
## **(d) Expenditure**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes VAT, and is reported as part of the expenditure to which it relates:
- Costs of raising funds comprise the costs associated with attracting voluntary income.
- Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
- All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource and set out in Note 3.
## **(e) Going concern**
At the time of approving the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future and for a period of at least 12 months following the approval of these financial statements. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **(f) Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **(g) Government grants**
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.
A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.
A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.
10
**24-7 Prayer Stanford (Charity Commission No. 1146983) Notes to the Financial Statements For the Year Ended 31 December 2022**
## **2. Critical accounting estimates and judgements**
In the application of the charitable company’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
## **3. Total expenditure**
||**Unrestricted**|**Restricted**|**Unrestricted**|**Unrestricted**|**Restricted**||
|---|---|---|---|---|---|---|
||**Funds**|**Funds**|**Total**|**Funds**|**Funds**|**Total**|
||**2022**|**2022**|**2022**|**2021**|**2021**|**2021**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|**Costs directly allocated to activities**|||||||
|Mission|-|5,996|5,996|-|3,410|3,410|
|Café|-|-|-|-|-|-|
|Blessing pot|2,050|-|2,050|8,840|-|8,840|
|Grants|3,070|-|3,070|6,229|-|6,229|
|Events|-|2,799|2,799|-|753|753|
|School work|-|4,047|4,047|-|3,837|3,837|
|Gifts|-|2,935|2,935|-|779|779|
|**Support costs allocated to activities**|||||||
|Premises costs|837|343|1,180|767|876|1,643|
|House meals|-|508|508|-|208|208|
|General expenses|2,829|-|2,829|1,428|-|1,428|
|Staff costs|57,953|26,085|84,038|13,489|52,675|66,164|
|Accountancy Fees|1,633|-|1,633|1,573|-|1,573|
|Professional fees|1,606|-|1,606|181|-|181|
|Travelling|115|-|115|260|-|260|
|Advertising|4,400|-|4,400|3,680|-|3,680|
||**74,493**|**42,713**|**117,206**|**36,447**|**62,538**|**98,985**|
All of the 2021 and 2022 expenditure related to charitable activities.
## **4. Net income/(expenditure) for the year**
|Net income/(expenditure) is stated after charging:
Independent Examiner’s remuneration for
the independent examination|**2022**
**2021**
**£**
**£**
1,620
1,560|
|---|---|
## **5. Trustee remuneration & Related Party Transactions**
During the year trustees were reimbursed as follows:
Robb Philip Harman £nil for expenses (2021: £nil) Stephen Morris £nil for expenses (2021: £nil) Catherine Smith £nil for expenses (2021: £nil) Peter Connor £nil for expenses (2021: £nil) Deborah Connor £nil for expenses (2021: £nil)
During the year a relative of Robb and Sally Harman was employed by the charity. She was remunerated on par with her peers. Also another relative of Robb and Sally Harman provided advertising services at arms length to the charity during the year totalling £4,400 (2021: £3,680).
No trustee or member of the management committee were paid any remuneration during the period.
No trustee or other person related to the Charity had any personal interest in any contract or transaction entered into by the Charity during the period.
11
**24-7 Prayer Stanford (Charity Commission No. 1146983) Notes to the Financial Statements For the Year Ended 31 December 2022**
## **6. Staff costs**
|follows:
Wages and salaries
Pension costs|**2022**
**2021**
**£**
**£**
80,529
62,908
1,469
1,047|
|---|---|
||81,998
63,955|
Staff costs during the year were as follows:
The average number of employees during the year was 5 (2021: 5).
## **7. Taxation**
As a charity, 24-7 Prayer Stanford is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.
## **8. Debtors: Amounts falling due within one year**
|Other debtors
**within one year**
Accruals
Taxes and social security|**2022**
**2021**
**£**
**£**
285
-|
|---|---|
||285
-|
||**2022**
**2021**
**£**
**£**
2,353
1,440
-
899|
||2,353
2,339|
## **9. Creditors: Amounts falling due within one year**
## **10. Analysis of Net Assets between funds**
||**Unrestricted**|**Restricted**|**Unrestricted**|**Unrestricted**|**Restricted**||
|---|---|---|---|---|---|---|
||**Funds**|**Funds**|**Total**|**Funds**|**Funds**|**Total**|
||**2022**|**2022**|**2022**|**2021**|**2021**|**2021**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Current Assets|59,652|13,925|73,577|44,250|19,737|63,987|
|Current Liabilities|(2,353)|-|(2,353)|(2,339)|-|(2,339)|
||57,299|13,925|71,224|41,911|19,737|61,648|
12
## **24-7 Prayer Stanford (Charity Commission No. 1146983) Notes to the Financial Statements For the Year Ended 31 December 2022**
## **11. Movement in funds**
|**11. Movement in funds**||
|---|---|
|**Restricted funds:**
Counselling, advice and information
**Unrestricted funds:**
General funds
**Total funds**
_Movement in funds in respect of the comparative period:_
**Restricted funds:**
Counselling, advice and information
**Unrestricted funds:**
General funds
**Total funds**|**At 1**
**Incoming**
**Outgoing**
**At 31**
**January**
**resources**
**resources**
**Transfers**
**December**
**2022**
**2022**
**2022**
**2022**
**2022**
**£**
**£**
**£**
**£**
**£**
19,737
36,901
(42,713)
-
13,925|
||41,911
89,881
(74,493)
-
57,299|
||**61,648**
**126,782**
**(117,206)**
**-**
**71,224**|
||**At 1**
**Incoming**
**Outgoing**
**At 31**
**January**
**resources**
**resources**
**Transfers**
**December**
**2021**
**2021**
**2021**
**2021**
**2021**
**£**
**£**
**£**
**£**
**£**
26,500
55,775
(62,538)
-
19,737|
||29,517
48,841
(36,447)
-
41,911|
||**56,017**
**104,616**
**(98,985)**
**-**
**61,648**|
## **12. Membership**
The company is limited by guarantee and has four members; each member guarantees an amount not exceeding £10 in the event of the winding up of the company.
13
**24-7 Prayer Stanford (Charity Commission No. 1146983) Notes to the Financial Statements For the Year Ended 31 December 2022**
## **13. Comparative Statement of Financial Activities**
||**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|
||**Funds**|**Funds**|**Funds**|
||**2021**|**2021**|**2021**|
||**£**|**£**|**£**|
|**Income from:**||||
|Donations and grants|48,840|55,775|104,615|
|Charitable activities|-|-|-|
|Investment income received|1|-|1|
||48,841|55,775|104,616|
|**Expenditure on:**||||
|Raising funds|-|-|-|
|Charitable activities|36,447|62,538|98,985|
||36,447|62,538|98,985|
|**Net income/(expenditure)**|**12,394**|**(6,763)**|**5,631**|
|Transfers|-|-|-|
|Net movements in funds|**12,394**|**(6,763)**|**5,631**|
|**Reconciliation of funds:**||||
|Total funds brought forward|29,517|26,500|56,017|
|Total funds carried forward|**41,911**|**19,737**|**61,648**|
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