| CONTENTS | |||
|---|---|---|---|
| Company | Information | ||
| Directors' | Report | ||
| Structure, | Governance | and Management | |
| Objectives | and Activities | ||
| Achievements and Performance |
|||
| Financial | Review | ||
| Directors' | responsibilities | ||
| Conclusions | 14 | ||
| Approval | ofthe Annual | Report | 14 |
| CONTENTS | |||
|---|---|---|---|
| Page | |||
| Company reference and administrative |
details | ||
| Trustees' annual report |
2-3 | ||
| Independent examiner's |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the financial statements |
7-14 |
| Unrestricted | Restricted | Total funds | Total funds | |||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | 2022 | 2021 | |||||
| Notes | ||||||||
| Incoming resources | ||||||||
| Donations and legacies |
||||||||
| Offerings | 116,315 | 66,217 | 182,532 | 205,963 | ||||
| Other gifts | 5,417 | 32,225 | 37,642 | 39,059 | ||||
| 2 | Other receipts | 1,275 | 1,131 | 2,406 | 972 | |||
| Income from investments | ||||||||
| Interest receivable | 211 | 2 | 213 | 13 | ||||
| Total income and endowments | 123,218 | 99,575 | 222,793 | 246,007 | ||||
| Expenditure on charitable |
activities | |||||||
| Church activities: | ||||||||
| Ministry - Pastors and |
outreach workers | 36,169 | 90,819 | 126,988 | 115,490 | |||
| - Other | 10,366 | 9,921 | 20,287 | 15,909 | ||||
| - Pastoral | and | evangelistic | costs | 3,839 | 2,649 | 6,488 | 3,696 | |
| Building running costs |
15,603 | 8,634 | 24,237 | 13,582 | ||||
| Training courses |
733 | 733 | ||||||
| Administration costs |
9,547 | 2,123 | 11,670 | 20,882 | ||||
| Minibus running costs |
1,746 | 1,746 | 1,892 | |||||
| Gift support payments |
26,049 | 26,049 | 14,535 | |||||
| Depreciation | 9,794 | 262 | 10,056 | 9,773 | ||||
| Loss on disposal ofassets | 176 | 176 | 100 | |||||
| Governance costs |
913 | 913 | 913 | |||||
| Total resources expended | 114,202 | 115,141 | 229,343 | 196,772 | ||||
| Net incoming/(outgoing) | resources before transfers | 9,016 | (15,566) | (6,550) | 49,235 | |||
| Transfers between funds |
(5,910) | 5,910 | ||||||
| 6 | Net incoming/(outgoing) | resources | 3,106 | (9,656) | (6,550) | 49,235 | ||
| Other recognised gains/(losses) |
||||||||
| Foreign exchange gains/(losses) | 147 | 147 | 146 | |||||
| Reconciliation offunds |
||||||||
| Total funds brought forward |
89,130 | 722,896 | 812,026 | 762,645 | ||||
| Total funds carried forward | 92,383 | 713,240 | 805,623 | 812,026 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Fixed assets | ||||||
| 9 | Tangible assets | 651,980 | 658,844 | |||
| Current assets |
||||||
| 10 | Prepayments | and accrued income | 6,472 | 41,717 | ||
| 11 | Loans | |||||
| Cash at bank | and in | hand | 153,404 | 116,927 | ||
| 159,876 | 158,644 | |||||
| 12 | Creditors: amounts | falling due within | one year | (6,233) | (5,462) | |
| Net current | assets | 153,643 | 153,182 | |||
| Total assets | less current liabilities | 805,623 | 812,026 | |||
| 13 | Creditors: amounts | falling due after | one year | |||
| Net assets | 805,623 | 812,026 | ||||
| Funds | ||||||
| General funds | 85,354 | 78,142 | ||||
| Designated funds |
7,029 | 10,988 | ||||
| 14 | Unrestricted | funds | 92,383 | 89,130 | ||
| 15 | Restricted funds |
713,240 | 722,896 | |||
| Total Funds | 805,623 | 812,026 |
| Equipment | 10/o/20 lo | straight | line | |
|---|---|---|---|---|
| Computer | and audio | 10/o/20 to | straight | line |
| Furniture | and Fittings | 10'/o | straight | line |
| Plant and | machinery | 10lo | straight | line |
| Other receipts | Unrestricted | Restricted | Total | Total |
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | |
| Use offacilities | 327 | 500 | 827 | 641 |
| Room hire | 700 | 600 | 1,300 | |
| Sale ofbooks | 101 | 101 | 331 | |
| Other contributions | 147 | 31 | 178 | |
| 1,275 | 1,131 | 2,406 | 972 |
| 3 | Administration costs |
Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|---|---|
| Funds | Funds | ||||||
| 2022 | 2022 | 2022 | 2021 | ||||
| Photocopier, printing, |
postage and stationery | 1,]72 | 97 | 1,269 | 998 | ||
| Telephone | 870 | 1,255 | 2,125 | 1,755 | |||
| Licences, software and |
applications | 2,029 | 345 | 2,374 | 2,592 | ||
| Safeguarding costs |
201 | 215 | 416 | 315 | |||
| FIEC donations | 2,516 | 2,516 | 2,516 | ||||
| Administrator costs |
2,342 | 2,342 | 11,648 | ||||
| Advertising | 91 | 63 | 154 | 428 | |||
| Particular Baptist Fund | donation | in lieu ofinterest | 500 | ||||
| Bank charges | 90 | 54 | 144 | 130 | |||
| Payroll processing | 236 | 94 | 330 | ||||
| 9,547 | 2,123 | 11,670 | 20,882 | ||||
| 4 | Gift support payments |
||||||
| Christian work —UK |
5,525 | 5,525 | 4,450 | ||||
| Christian work —overseas |
2,670 | 2,670 | 2,846 | ||||
| Hardship relief —UK |
9,066 | 9,066 | 4,155 | ||||
| Hardship relief —overseas |
8,788 | 8,788 | 3,084 | ||||
| 26,049 | 26,049 | 14,535 |
| Charity Commission |
Charity Commission |
costs | 13 | 13 | ||
|---|---|---|---|---|---|---|
| Independent | examiner | fee | 900 | 900 | ||
| 913 | 913 | |||||
| 6 | Net incoming/(outgoing) | resources for the year | ||||
| This is stated | after charging: | |||||
| Accountancy | fees | 900 | 900 |
| Freehold | Equipment | Computer | Furniture | Plant and | Total | Total | ||
|---|---|---|---|---|---|---|---|---|
| property | and audio | and fittings | machinery | 2022 | 2021 | |||
| Tangible | fixed | |||||||
| assets | ||||||||
| Balance brought | 630,000 | 11,932 | 11,074 | 21,757 | 51,142 | 725,905 | 725,080 | |
| forward | ||||||||
| Additions | during | 594 | 2,774 | 3,368 | 1,325 | |||
| the year | ||||||||
| Revaluation | ||||||||
| Disposals | during | (294) | (294) | (500) | ||||
| the year | ||||||||
| Balance | carried | 630,000 | 12,232 | 13,848 | 21,757 | 51,142 | 728,979 | 725,905 |
| forward | ||||||||
| Accumulated | ||||||||
| depreciation | ||||||||
| Balance | brought | 8,379 | 7,761 | 16,609 | 34,312 | 67,061 | 57,688 | |
| forward | ||||||||
| Charge for the | 1,040 | 1,727 | 2,175 | 5,114 | 10,056 | 9,773 | ||
| year | ||||||||
| Disposals | during | (118) | (118) | (400) | ||||
| the year | ||||||||
| Balance | carried | 9,301 | 9,488 | 18,784 | 39,426 | 76,999 | 67,061 | |
| forward | ||||||||
| Net book value | 630,000 | 2,931 | 4,360 | 2,973 | 11,716 | 651,980 | 658,844 |
| No depreciatio | n has been charged on the freehold property as |
explained in note 1 above. |
|
|---|---|---|---|
| Prepayments | and accrued income | 2022 | 2021 |
| Accrued Gift | Aid, interest and other income | 3,832 | 38,325 |
| Prepayments | 2,640 | 3,392 | |
| 6,472 | 41,717 |
| 11 | Loans | 2022 | 2021 | |
|---|---|---|---|---|
| Balance brought | forward | 632 | ||
| New loans made | ||||
| Repayments | (632) | |||
| Balance carried | forward |
| Creditor | s: Amounts falling due within one ye |
ar | |
|---|---|---|---|
| Activity Accruals |
creditors | 2,995 3,238 |
2,435 3,027 |
| 6,233 | 5,462 |
| Creditors: Amounts | falling due after one year |
|---|---|
| Loans (unsecured and |
interest free) |
| 14 | Unrestricted funds |
Unrestricted funds |
At | At | ||||
|---|---|---|---|---|---|---|---|---|
| 1 October | Incoming | Resources | Funds | Unreal ised | 30 September | |||
| 2021 | Resources | Expended | Transfer | Gains/ | 2022 | |||
| (Losses) | ||||||||
| General Funds | ||||||||
| General Fund | 78,142 | 117,898 | (87,969) | (22,864) | 147 | 85,354 | ||
| Total General Funds | 78,142 | 117,898 | (87,969) | (22,864) | 147 | 85,354 | ||
| Designated Funds Gift Fund —DEC Gift Fund —GCW |
6,236 4,752 |
3,633 1,687 |
(19,001) (7,232) |
11,658 5,296 |
2,526 4,503 |
|||
| Total Designated | Funds | 10,988 | 5,320 | (26,233) | 16,954 | 7,029 | ||
| Total Unrestricted | Funds | 89,130 | 123,218 | (114,202) | (5,910) | 147 | 92,383 |
| 15 | Restricted funds | Restricted funds | At | At | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | October | Incoming | Resources | Funds | Revaluation | 30 September | ||||
| 2021 | Resources | Expended | Transfer | Reserve | 2022 | |||||
| Property | Fund | 500,000 | 500,000 | |||||||
| Building | Fund | 2,572 | (2,509) | (63) | ||||||
| Outreach | Worker Support | Fund | 20,634 | 20,602 | (33,777) | 7,680 | 15,139 | |||
| Assistant | Pastor Fund DEC | 8,989 | 18,980 | (24,545) | 3,589 | 7,013 | ||||
| Grace Church Wakefield | Fund | 30,386 | 53,993 | (40,833) | (11,747) | 31,799 | ||||
| Assistant | Pastor Fund GCW | 3,700 | (10,151) | 6,451 | ||||||
| Eastmoor | Church Fund | 160,315 | 2,300 | (3,326) | 159,289 | |||||
| 722,896 | 99,575 | (115,141) | 5,910 | 713,240 |
| FOR | THK Y | EAR ENDE | D 30SEP | TEM | BE | R2022 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||||
| 16 | Capital | commitments | |||||||||
| Capital | expenditure | contracted | but | not | provided | in | the | accounts |