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|Trustees|||Mr Julian Perry|(Chair ofTrustees)|(Chair ofTrustees)|(Chair ofTrustees)|
|---|---|---|---|---|---|---|
||||Ms Acacia Sooklal||||
||||Ms Abigail Carey||||
||||Mr Grifrrth
Crouch||||
||||Mr Christopher|Norwood|||
||||Mr Gbolaoluwahan||Mogaji||
|Charity number|||1147328||||
|Company|number||07963955||||
|Principal address|||Jasper Centre|Cornerstone||City Church|
||||JasperAvenue||||
||||Rochester||||
||||Kent||||
||||ME1 2LD||||
|Registered||office|Jasper Centre|Cornerstone||City Church|
||||JasperAvenue||||
||||Rochester||||
||||Kent||||
||||ME1 2LD||||
|Independent||examiner|John Caladine|FCCA CTA||FCIE|
||||Caladine
Limited||||
||||Chantry
House
22 Upperton
Road
Western||||
||||Eastbourne||||
||||East Sussex||||
||||BN21 1BF||||
|Bankers|||Nat West Bank|pic|||
||||Avenue||||
||||Waterside
Court||||
||||Chatham||||
||||ME4 4RT||||
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|||Page|
|---|---|---|
|Trustees'
report||1-8|
|Independent
examiner's
report|||
|Statement offinancial|activities|to|
|Statement ofhnancial|position||
|Notes to the financial|statements|13-23|
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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
||Notes|2023
8|2023
f|2023
6|2022
8|2022
f|2022
0|
|Income from:||||||||
|Donations
and legacies||338,786|77,940|416,726|336,138|2,635|338,773|
|Charitable
activities||18,710|2,745|21,455|14,684||14,684|
|Other trading
activities||85,162||85,162|59,661||59,661|
|Investments||157||157|184||184|
|Total income||442,815|80,685|523,500|410,667|2,635|413,302|
|Expenditure
on:||||||||
|Raising funds|7|88,747||88,747|42,092||42,092|
|Charitable
activities|8|368,976|95,513|464,489|354,456|5,950|360,406|
|Total expenditure||457,723|95,513|553,236|396,548|5,950|402,498|
|Net income/(expenditure)||(14,908)|(14,828)|(29,736)|14,119|(3,315)|10,804|
|Transfers
between||||||||
|funds|18|(11,143)|11,143||19,440|(19,440)||
|Net movement
in||||||||
|funds||(26,051)|(3,685)|(29,736)|33,559|(22,755)|10,804|
|Reconciliation
offunds:||||||||
|Fund balances at 1 January
2023||147,068|115,583|262,651|113,509|138,338|251,847|
|Fund balances at 31||||||||
|December 2023||121,017|111,898|232,915|147,068|115,583|262,651|
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||||2023||2022||
|---|---|---|---|---|---|---|
|||Notes|||6||
|Fixed assets|||||||
|Property,
plant and equipment||14||105,295||101,777|
|Current assets|||||||
|Trade snd other receivables||15|5,231||11,706||
|Cash at bank and|in hand||125,809||149,768||
||||131,040||161,474||
|Current liabilities||16|3,420||600||
|Net current assets||||127,620||160,874|
|Total assets less|current liabilities|||232,915||262,651|
|The funds ofthe|charity||||||
|Restricted
income|funds|18||111,898||115,583|
|Unrestricted
funds||19||121,017||147,068|
|||||232,915||262,651|
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|||||2023||2022||
|---|---|---|---|---|---|---|---|
||||Notes|6||6||
|Cash flows from operating||activities||||||
|Cash (absorbed
by)/generated||from|22|||||
|operations|||||(15,273)||3,264|
|Investing|activities|||||||
|Purchase|ofproperty,
plant and equipment|||(8,843)||||
|Investment|income received|||157||184||
|Net cash|(used in)/generated|from||||||
|investing|activities||||(8,686)||184|
|Net (decrease)/increase
in cash and|||cash|||||
|equivalents|||||(23,959)||3,448|
|Cash and|cash equivalents
at beginning||ofyear||149,768||146,320|
|Cash and|cash equivalents|at end of|year||125,809||149,768|
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|Income from|donations|and legacies||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestdcted|Restricted|Total|
|||funds|funds||funds|funds||
|||2023|2023|2023|2022|2022|2022|
|||6|8|6|6|8||
|Gift Aided donations||234,135|36,218|270,353|240,405|1,628|242,033|
|Non Gift Aided|donations|45,540|32,668|78,208|28,354|600|28,954|
|Income tax receivable||59,111|9,054|68,165|67,379|407|67,786|
|||338,786|77,940|416,726|336,138|2,635|338,773|
|Income from charitable||activities||||||
|||Unrestricted|Restr'icted|Total|Unrestdcted|Restricted|Total|
|||funds|funds||funds|funds||
|||2023|2023|2023|2022|2022|2022|
|||6|6|6||6|6|
|Chad table activities||||||||
|Income from conferences||||||||
|8 teams||17,185||17,185|13,814||13,814|
|Other income||1,525||1,525|870||870|
|Other restricted|income||2,745|2,745||||
|||18,710|2,745|21,455|14,684||'I4,684|
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|Unrestdcted|Unrestricted|
|---|---|
|funds|funds|
|2023|2022|
|6||
|85,162|59,661|
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|Expenditure
on raising funds|||
|---|---|---|
||Unrestricted|Unrestricted|
||funds|funds|
||2023|2022|
|||6|
|Trading costs|||
|Jasper Cafe|39,093|22,936|
|Staffcosts|49,654|19,156|
||88,747|42,092|
##
||||||Charitable|Charitable|
|---|---|---|---|---|---|---|
||||||activities|activities|
||||||2023f|2022
6|
|Direct costa|||||||
|Staff costs|||||178,185|165,712|
|Depreciation||and impairment|||5,325|3,750|
|Insurance|and repairs||||52,027|43,678|
|Ministry expenses|||||4,691|6,398|
|Events|||||29,144|5,267|
|Sundry -|Evangelism,||Youth & Others||20,622|15,575|
||||||289,994|240,380|
|Grant funding||ofactivities (see note 9)|||128,300|83,283|
|Share of|support and||governance|costs (see note 10)|||
|Support|||||46,195|36,743|
||||||464,489|360,406|
|Analysis|by|fund|||||
|Unrestricted||funds|||368,976|354,456|
|Restricted|funds||||95,513|5,950|
||||||464,489|360,406|
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|9|Grants payable||||
|---|---|---|---|---|
||||Charitable|Charitable|
||||activities|activities|
||||2023f|2022f|
||Grants to institutions:||||
||Relational
Mission||8,540|7,200|
||Mission
Bolivia||75,969|48,643|
||CAP|||3,269|
||Joel Felton||3,000|5,260|
||Revelation
Church||4,100|3,675|
||Caring Hands||1,200|1,200|
||Feedback||600|600|
||Homes for Good||600|650|
||VNII 8 Parv Comparat||1,000||
||Pathway
from Poverty|||6,250|
||Family Fund|||2,973|
||Other grants funder 51,000)||3,874|3,563|
||Mission Mozambique||11,500||
||ID Students||10,000||
||Pioneer 61||5,917||
||Other||2,000||
||||128,300|83,283|
|10|Support costs allocated to activities||||
||||2023|2022|
|||||8|
||Travel costs||10,619|5,977|
||Holiday conferences|&teams|26,775|21,793|
||Administration
expenses||6,910|8,373|
||Governance
costs||1,891|600|
||||46,195|36,743|
||Analysed
between:||||
||Charitable
activities||46,195|36,743|
||Governance
costs comprise:||2023f|2022
8|
||Accountancy||1,320|600|
||Legal and professional||571||
||||1,891|600|
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|The average|monthly
number ofemployees
during th|e year was:||
|---|---|---|---|
|||2023|2022|
|||Number|Number|
||||10|
|Employment|costs|2023|2022|
|||8|8|
|Wages and salaries||207,118|168,055|
|Social security costs||10,494|8,515|
|Other pension costs||10,227|8,298|
|||227,839|184,868|
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|Property,
plant and equipment|Property,
plant and equipment|||||
|---|---|---|---|---|---|
|||Building|Otherfixed|Dirrce|Total|
|||improvements|assets|computer||
|||||equipment||
|Cost||||||
|At 1 January 2023||148,857|18,757|7,604|175,218|
|Additions|||6,913|1,930|8,843|
|At 31 December 2023||148,857|25,670|9,534|184,061|
|Depreciation
and impairment||||||
|At 1 January 2023||47,080|18,757|7,604|73,441|
|Depreciation
charged|in the year|2,977|1,383|965|5,325|
|At 31 December 2023||50,057|20,140|8,569|78,766|
|Carrying
amount||||||
|At 31 December 2023||98,800|5,530|985|105,295|
|At 31 December 2022||101,777|||101,777|
##
|15|Trade and other receivables|||
|---|---|---|---|
||Amounts
falling due within one year:|2023f|2022
6|
||Other receivables|5,231|11,706|
|16|Current
liabilities|||
|||2023f|2022
6|
||Other payables|3,420|600|
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|||At|1January|Incoming|Resources|Transfers|At 31|
|---|---|---|---|---|---|---|---|
||||2023|resources|expended||December|
||||||||2023f|
|Building|Fund||101,777||(2,977)||98,800|
|Family Fund|||13,806|3,395|(5,067)||12,134|
|Bolivia||||64,826|(75,969)|11,143||
|Mozambique||||12,464|(11,500)||964|
||||115,583|80,685|(95,513)|11,143|111,898|
|Previous|year:|At|1 January|Incoming|Resources|Transfers|At 31|
||||2022|resources|expended||December|
||||||||2022f|
|Building|Fund||99,734||(2,977)|5,020|101,777|
|Family Fund|||14,144|2,635|(2,973)||13,806|
|Hampers|||110|||(110)||
|Youth Leader|||24,350|||(24,350)||
||||138,338|2,635|(5,950)|(19,440)|115,583|
##
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|designate|d
funds which have bee|n set aside out o|n set aside out o|funrestricted
f|funrestricted
f|unds by the truste|es for specific|purposes.|
|---|---|---|---|---|---|---|---|---|
|||At 1 January||Incoming||Resources|Transfers|At 31|
||||2023|resources||expended||December|
|||||||||2023|
||||||||f|5|
|General|funds||147,068||442,815|(457,723)|(11,143)|121,017|
|Previous year:||At 1 January||Incoming||Resources|Transfers|At 31|
||||2022|resources||expended||December|
||||5||6|6|f|2022f|
|General|funds||113,509||410,667|(396,548)|19,440|147,068|
|Analysis|ofnet assets between|funds|||||||
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds||
|||||||2023|2023|2023|
||||||||6|9|
|Fund balances at 31 December||2023|are represented||by:||||
|Property,|plant and equipment|||||6,495|98,800|105,295|
|Current|assets/(liabilities)|||||114,522|13,098|127,620|
|||||||121,017|111,898|232,915|
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds||
|||||||2022|2022|2022|
|||||||5||6|
|Fund balances at 31 December||2022|are represented||by:||||
|Property,|plant and equipment||||||101,777|101,777|
|Current|assets/(liabilities)|||||147,068|13,806|160,874|
|||||||147,068|115,583|262,651|
##
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|22|Cash generated
from operations||||2023|2022|
|---|---|---|---|---|---|---|
||||||8|8|
||(Deficit)/surpus
for the year||||(29,736)|10,804|
||Adjustments
for:||||||
||Investment
income recognised
in statement||offinancial|activities|(157)|(184)|
||Depreciation
and impairment
ofproperly,|plant and equipment|||5,325|3,750|
||Movements
in working
capital:||||||
||Decrease/(increase)
in trade and other receivables||||6,475|(11,706)|
||Increase
in trade and other payables||||2,820|600|
||Cash (absorbed
by)/generated
from operations||||(15,273)|3,264|