| Pages | |||
|---|---|---|---|
| Trustees' Annual Report |
2to3 | ||
| Statement of Financial |
Activities | 4to 5 | |
| Balance Sheet | |||
| Statement of Cash flows |
7to8 | ||
| Notes to the Accounts | 9to16 | ||
| Detailed Statement of |
Financial | Activities | 17to 18 |
| for the year | ended 31Decemb | er 2022 | |||
|---|---|---|---|---|---|
| Unrestricted | |||||
| funds | Total funds | Total funds | |||
| 2022 | 2022 | 2021 | |||
| Notes | f | f | |||
| Income and | endowments | ||||
| from: | |||||
| Donations | and legacies | 51,593 | 51,593 | 60,257 | |
| Other | 34,200 | ||||
| Total | 51,593 | 51,593 | 94,457 | ||
| Expenditure | on: | ||||
| Charitable | activities | 19,019 | 19,019 | 16,441 | |
| Other | 62,818 | 62,818 | 88,510 | ||
| Total | 81,837 | 81,837 | 104,951 | ||
| Net gains on | investments | ||||
| Net expenditure | (30,244) | (30,244) | (10,494) | ||
| Transfers between funds |
|||||
| Net expenditure before other gains/(losses) |
(30,244) | (30,244) | (10,494) | ||
| Other gains | and losses | ||||
| Net movement in funds |
(30,244) | (30,244) | (10,494) | ||
| Reconciliation offunds: |
|||||
| Total funds brought forward |
6,163 | 6,163 | 16,660 | ||
| Total funds carried forward | (24,081) | (24,081) | 6,166 |
| 10 | (20,002) | |||
|---|---|---|---|---|
| 8,763 | ||||
| Creditors: Amount falling |
due within one year | |||
| Net current (liabilities)/assets | (11,326) | |||
| Total assets less current | liabilities | (6,100) | ||
| Creditors: Amounts falling due after more than one year |
12 | (17,981) | ||
| Provisions for liabilities | ||||
| Net (liabilities)/assets excluding |
pension asset or liability | (24,081) | ||
| Total net (liabilities)/assets | (24,081) | |||
| The funds ofthe charity | ||||
| Restricted funds | ||||
| Unrestricted funds |
||||
| General funds | (24,081) | |||
| (24,081) | ||||
| Reserves | ||||
| Total funds | (24,081) |
| last year and no chan | last year and no chan | last year and no chan | last year and no chan | ges have been made to accounts for previous |
years. | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund accounting | ||||||||||||||
| Unrestricted | funds | These are available for use at the discretion | ofthe trustees | in furtherance | of | the | ||||||||
| general objects ofthe charity. | ||||||||||||||
| Designated | funds | These are unrestricted funds earmarked by |
the trustees | for particular | purposes. | |||||||||
| Revaluation | funds | These are unrestricted funds which include |
a revaluation | reserve representing | the | |||||||||
| restatement of investment assets at their market values. |
||||||||||||||
| Restricted | funds | These are available for use subject to restrictions imposed |
by the donor | or | through | |||||||||
| terms of an appeal. | ||||||||||||||
| Income | ||||||||||||||
| Recognition | of | Income is included in the Statement of Financial Activities |
(SoFA) when | the | charity | |||||||||
| income | becomes entitled to, and virtually certain to |
receive, the | income and the | amount | of | |||||||||
| the income can be measured with sufficient |
reliability. | |||||||||||||
| Income with | related | Where income has related expenditure the |
income and | related expenditure | is | |||||||||
| expenditure | reported gross in the SoFA. |
|||||||||||||
| Donations | and | Voluntary income received by way ofgrants, |
donations | and gifts is included | in the | |||||||||
| legacies | the SoFA when receivable and only when the Charity has |
unconditional | entitlement | |||||||||||
| to the income. | ||||||||||||||
| Tax reclaims | on | Income from tax reclaims is included in the SoFA at the |
same time as the | |||||||||||
| donations | and | gifts | gift/donation to which it relates. |
|||||||||||
| Donated services | These are only included in income (with an equivalent |
amount in expenditure) |
||||||||||||
| and facilities | where the benefit to the Charity is reasonably quantifiable, |
measurable | and | |||||||||||
| material. | ||||||||||||||
| Volunteer | help | The value of any volunteer help received is not included |
in | the accounts. | ||||||||||
| Investment | income | This is included in the accounts when receivable. |
||||||||||||
| Gains/(losses) | on | This includes any gain or loss resulting from |
revaluing investments to market |
value | ||||||||||
| revaluation | of | fixed | at the end ofthe year. | |||||||||||
| assets | ||||||||||||||
| Gains/(losses) | on | This includes any gain or loss on the sale of |
investments. | |||||||||||
| investment | assets |
| 2 Statemen |
t of F | inancial | Activities - prior year |
|||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | |||||
| 2021 | 2021 | |||||
| Income and endowments | from: | |||||
| Donations | and | legacies | 60,257 | 60,257 | ||
| Other | 34,200 | 34,200 | ||||
| Total | 94,457 | 94,457 | ||||
| Expenditure | on: | |||||
| Charitable | activities | 16,441 | 16,441 | |||
| Other | 88,510 | 88,510 | ||||
| Total | 104,951 | 104,951 | ||||
| Net income | (10,494) | (10,494) | ||||
| Net income before | other | |||||
| gains/(losses) | (10,494) | (10,494) | ||||
| Other gains and losses: | ||||||
| Net movement in funds |
(10,494) | (10,494) | ||||
| Reconciliation | offunds: | |||||
| Total funds brought | forward | 16,660 | 16,660 | |||
| Total funds carried | forward | 6,166 | 6,166 | |||
| 3 Income from donations |
and legacies | |||||
| Unrestricted | Total | Total | ||||
| 2022 | 2021 | |||||
| Donations are also in form of Thithes and Offerings |
51,593 | 51,593 | 60,257 | |||
| 51,593 | 51,593 | 60,257 |
| Total | Total |
|---|---|
| 2022 | 2021 |
| 18,363 | |
| 15,837 | |
| 34,200 |
| 5 | Expenditure | on charit | a | ble a |
ctivities | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||||||
| 2022 | 2021 | |||||||||
| Expenditure | on charitable | |||||||||
| activities | ||||||||||
| Welfarism | 19,019 | 19,019 | 16,441 | |||||||
| Governance | costs | |||||||||
| 19,019 | 19,019 | 16,441 | ||||||||
| 6 | Other expenditure | |||||||||
| Unrestricted | Total | Total | ||||||||
| 2022 | 2021 | |||||||||
| 938 | 938 | 830 | ||||||||
| Other interest payable | ||||||||||
| Employee costs | 19,194 | 19,194 | 34,323 | |||||||
| Motor and travel costs | 7,794 | 7,794 | 21,541 | |||||||
| Premises costs | 25,411 | 25,411 | 20,941 | |||||||
| Amortisation, | depreciation, | |||||||||
| impairment, | profit/loss | on | 3,737 | 3,737 | 3,737 | |||||
| disposal offixed assets | ||||||||||
| General administrative | costs | 4,879 | 4,879 | 4,918 | ||||||
| Legal and professional | costs | 865 | 865 | 2,215 | ||||||
| 62,818 | 62,818 | 88,510 | ||||||||
| 7 | Net expenditure before transfers |
|||||||||
| 2022 | 2021 | |||||||||
| This is stated | after charging: | |||||||||
| Depreciation | ofowned | fixed | assets | 3,737 | 3,737 | |||||
| 8 | Staff costs | |||||||||
| 2022 | 2021 | |||||||||
| Salaries and | wages | 18,673 | 33,887 | |||||||
| Social security costs | 521 | 436 | ||||||||
| 19,194 | 34,323 | |||||||||
| No employee | received | emoluments | in excess off60,000. | |||||||
| The average | monthly | number | of full | time equivalent | employees | during the year was as follows: | ||||
| 2022 | 2021 | |||||||||
| Number | Number | |||||||||
| Number of Employees |
| Cost or revaluation | ||||||
|---|---|---|---|---|---|---|
| At 1January 2022 | 25,527 | 16,708 | 42,235 | |||
| At 31December 2022 | 25,527 | 16,708 | 42,235 | |||
| Depreciation and |
||||||
| impairment | ||||||
| At 1January 2022 | 19,541 | 13,730 | 33,271 | |||
| Depreciation charge for the |
2,993 | 745 | 3,738 | |||
| year | ||||||
| At 31December 2022 | 22,534 | 14,475 | 37,009 | |||
| Net book values | ||||||
| At 31December 2022 | 2,993 | 2,233 | 5,226 | |||
| At 31December 2021 | 5,986 | 2,978 | 8,964 | |||
| 10 | Debtors | |||||
| 2022 | 2021 | |||||
| E | ||||||
| Other debtors | (20,002) | |||||
| (20,002) | ||||||
| 11 | Creditors: | |||||
| amounts falling due within |
one year | |||||
| 2022 | 2021 | |||||
| f | ||||||
| Trade creditors | 87 | |||||
| 12 | Creditors: | |||||
| amounts falling due after more than one year |
||||||
| 2022 | 2021 | |||||
| Other creditors | 17,981 | 17,981 | ||||
| 17,981 | 17,981 | |||||
| 13 | Movement in funds |
|||||
| Incoming | ||||||
| resources | At 31 | |||||
| (including | Resources | December | ||||
| other | expended | 2022 | ||||
| At 1January | gains/losses | |||||
| 2022 | ) | |||||
| f | ||||||
| Restricted funds: | ||||||
| Unrestricted funds: |
||||||
| General funds | 6,163 | 51,593 | (81,837) | (24,081) | ||
| Total funds | 6,163 | 51,593 | (81,837) | (24,081) |
| 14 | Analysis of ne | t assets between funds |
|||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| Total | |||||
| funds | funds | ||||
| f | |||||
| Fixed assets | 5,226 | 5,226 | |||
| Net current assets | (11,326) | (11,326) | |||
| Creditors due provisions |
in more than one year and | (17,981) | (17,981) | ||
| (6,100) | (17,981) | (24,081) | |||
| 15 | Reconciliation | of net debt | |||
| At 31 | |||||
| At 1January | December | ||||
| 2022 | Cash flows | 2022 | |||
| f | |||||
| Cash and cash | equivalents | 10,616 | (1,853) | 8,763 | |
| 10,616 | (1,853) | 8,763 | |||
| Net debt | 10,616 | (1,853) | 8,763 |
| 2022 | 2021 | ||
|---|---|---|---|
| f | f | ||
| Cash flows from operating activities |
|||
| Net expenditure per Statement of Financial |
Activities | (30,244) | (10,494) |
| Adjustments for: |
|||
| Movement in provisions |
4,567 | (4,567) | |
| Depreciation of property, plant and equipment |
3,738 | 3,737 | |
| Decrease in trade and other receivables |
20,002 | 13,483 | |
| Increase in trade and other payables |
87 | 15,925 | |
| Net cash used in operating activities |
(1,850) | (16,116) | |
| Net cash from investing activities |
34,200 | ||
| Net cash from financing activities |
|||
| Net (decrease)/increase in cash and cash equivalents |
(1,850) | 18,084 | |
| Cash and cash equivalents at the beginning |
ofthe year | 10,616 | 30,611 |
| Cash and cash equivalents at the end ofthe |
year | 8,766 | 48,695 |
| Components ofcash and cash equivalents |
|||
| Cash and bank balances | 8,763 | 10,616 | |
| 8,763 | 10,616 |
| Unrestricted | |||||||
|---|---|---|---|---|---|---|---|
| funds | Total funds | Total funds | |||||
| 2022 | 2022 | 2021 | |||||
| f | E | ||||||
| Income and endowments | from: | ||||||
| Donations and legacies |
|||||||
| Donations are also in |
form of | ||||||
| Thithes and Offerings | 51,593 | 51,593 | 60,257 | ||||
| 51,593 | 51,593 | 60,257 | |||||
| Other | |||||||
| 18,363 | |||||||
| 15,837 | |||||||
| 34,200 | |||||||
| Total income and endowments | 51,593 | 51,593 | 94,457 | ||||
| Expenditure on: |
|||||||
| Charitable activities |
|||||||
| Welfarism | 19,019 | 19,019 | 16,441 | ||||
| 19,019 | 19,019 | 16,441 | |||||
| Total ofexpenditure activities |
on | charitable | 19,019 | 19,019 | 16,441 | ||
| Other expenditure | |||||||
| 938 | 938 | 830 | |||||
| Other interest payable | 5 | ||||||
| 938 | 938 | 835 | |||||
| Employee costs | |||||||
| Sa Iaries/wages | 18,673 | 18,673 | 33,887 | ||||
| Employer's NIC |
521 | 521 | 436 | ||||
| 19,194 | 19,194 | 34,323 | |||||
| Motor and travel costs | |||||||
| Vehicles —Insurance |
and | licences | 2,148 | 2,148 | |||
| Vehicles —Repairs and maintenance |
245 | 245 | 221 | ||||
| Travel and subsistence | 5,401 | 5,401 | 21,320 | ||||
| 7,794 | 7,794 | 21,541 | |||||
| Premises costs | |||||||
| Rent | 24,101 | 24,101 | 19,760 | ||||
| Light, heat and power | 1,310 | 1,310 | 1,181 | ||||
| 25,411 | 25,411 | 20,941 | |||||
| General administrative | costs, | ||||||
| including depreciation |
and | ||||||
| amortisation | |||||||
| Depreciation of |
3,737 | 3,737 | 3,737 | ||||
| Information and publications |
365 | 365 | 348 | ||||
| Stationery and printing |
36 | 36 |
| CALVARY OF FREED | OM EVANGELICAL MINISTRY | |||
|---|---|---|---|---|
| Detailed Statement | of Financial Activities | |||
| Telephone, fax and broadband |
4,478 | 4,478 | 4,530 | |
| 8,616 | 8,616 | 8,655 | ||
| Legal and professional costs |
||||
| Accountancy and |
bookkeeping | 865 | 2,215 | |
| 86/ | 865 | 2,215 | ||
| Total ofexpenditure | ofother costs | 62,818 | 62,818 | 88,510 |
| Total expenditure | 81,837 | 81,837 | 104,951 | |
| Net gains on investments | ||||
| Net expenditure | (30,244) | (30,244) | (10,494) | |
| Net expenditure before other |
||||
| gains/(losses) | (30,244) | (30,244) | (10,494) | |
| Other Gains | ||||
| Net movement in funds |
(30,244) | (30,244) | (10,494) | |
| Reconciliation offunds: |
||||
| Total funds brought | forward | 6,163 | 6,163 | 16,660 |
| Total funds carried | forward | (24,081) | (24,081) | 6,166 |