2022-12-31-accounts - George Road Community Church

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		Page
Report ofthe Trustees	1	to	5
Independent Examiner's Report
Statement ofFinancial Activities
Statement ofFinancial Position
Notes to the Financial Statements	9	to	16
Detailed Statement ofFinancial Activities	17	to	18

						2022	2021
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes			8	f.
INCOME AND ENDOWMENTS FROM
Donations and legacies				30,132	401	30,533	23,811
Charitable activities
Activities in advancement	ofthe christian	faith		9,796	5,258	15,054	20,832
Other income				400		400	710
Total				40 328	5,659	45,987	45,353
EXPENDITURE ON
Charitable activities
Activities in advancement	ofthe christian	faith		30,878	8,083	~38961	~55791
NET INCOME/(EXPENDITURE) Transfers between funds			9	9,450 (3,932)	(2,424) 3,932	7,026	(10,438)
Other recognised gains/(losses)
Gains on revaluation offixed assets				1,190,420		1 190,420
Net movement in funds				1,195,938	1,508	1,197,446	(10,438)
RECONCILIATION OF	FUNDS
Total funds brought forward				303,149	9,060	312,209	322,647
TOTAL FUNDS CARRIED FORWARD				1499,087	10568	1,509,655	312209

		Gear e Road Co muni Church	Gear e Road Co muni Church
		Statement ofFinancial Position
		31December 2022
					2022	2021
			Unrestricted	Restricted	Total	Total
FIXEDASSETS		Notes	funds	fundsI	funds f.	funds 6
Tangible assets		6	1,482,322		1,482,322	292,897
CURRENT ASSETS
Debtors Cash at bank and in hand		7	5,114 13,726	10,568	5,114 ~24 294	3,827 16,864
			18,840	10,568	29,408	20,691
CREDITORS
Amounts falling due within	one year	8	(2,075)		(2,075)	(1,379'I
NET CURRENT ASSETS			16,765	10,568	27,333	19,312
TOTAL ASSETSLESSCURRENT
LIABILITIES			1,499,087	10,568	1,509,655	312,209
NET ASSETS			1,499,087	10,568	1,509655	312209
FUNDS
Unrestricted fimds					1,499,087	303,149
Restricted funds					10568	9,060
TOTAL FUNDS					1 509,655	312,209

							2022	2021
Trustees'	salaries						7,735	18,375
Trustees'	pension	contributions	to	money	purchase	schemes	703	2,078
							8,438	20,453

					2022	2021
Trustees					I	1
General					1	1
No employees received emoluments		in excess off60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL				ACTIVITIES
				Unrestricted	Restricted	Total
				funds	funds	funds
					f
INCOME AND ENDOWMENTS		FROM
Donations and legacies				23,194	617	23,811
Charitable activities
Activities in advancement	ofthe christian		faith	16,123	4,709	20,832
Other income				710		710
Total				40,027	5,326	45,353
EXPENDITURE ON
Charitable activities
Activities in advancement	ofthe christian		faith	46,852	8,939	55,791
NKT INCOME/(EXPENDITURE) Transfers between funds				(6,825) (2,956)	(3,613) 2,956	(10,438)
Net movement in funds				(9,781)	(657)	(10,438)
RECONCILIATION OF	FUNDS
Total funds brought forward				312,930	9,717	322,647
TOTAL FUNDS CARRIED FORWARD				303,149	9,060	312,209

TANGIBLE FI	XEDASSETS
				Fixtures
			Freehold	and
			property	fittings	Totals
COST OR VALUATION
At I January 2022			289,580	15,521	305,101
Revaluations			1,190,420		1,190,420
At 31December	2022		1,480,000	15,521	1,495,521
DEPRECIATION
At I January 2022				12,204	12,204
Charge for year				995	995
At 31December	2022			13,199	13,199
NET BOOK VALUE
At 31December	2022		1,480,000	2,322	1,482,322
At 31December	2021		289,580	3,317	292,897
Cost or valuation	at 31December 2022 is represented	by:
				Fixtures
			Freehold	and
			property	fittings	Totals
			8		E
Valuation in 2017			1,190,420		1,190,420
Cost			289,580	15,521	305,101
			1,480,000	15,521	1,495,521

2022	2021
E
289,580

DEBTORS:A	MOUNT	S FALLING DUE WITHIN ONE Y	EAR
				2022	2021
				f.	f.
Other debtors				4,627	3,827
Prepayments				487
				5,114	3,827
CREDITORS:	AMOUNTS FALLING DUE WITHIN ONE		YEAR
				2022	2021
Other creditors				6 2,075	g 1,379
MOVEMENT	IN FUNDS
			Net	Transfers
			movement	between	At
		At 1.1.22	in funds	funds	31.12.22
					f.
Unrestricted funds
Activites in advancement		ofthe christian
faith Hope House		300,279 2,870	1,193,870 6,000	1,268 (5,200)	1,495,417 3,670
Restricted funds		303,149	1,199,870	(3,932)	1,499,087
Community Care fund			161		161
CofFee morning Come together Extend Youth Surplus Tithe Main door Pathway project Garden Fund	fund fund	897 495 1,816 1,158 2,275 131 901	850 194 363 192 (2,978) (2,094)	(150) (150) (200) 150 2,332 901 (901) 2,400	1,597 539 1,979 1,500 1,629 1,032 306
Clothes Fund Messy Church		1,203 184	888	(450)	1,641 184
		9,060	(2,424)	3,932	10,568
TOTAL FUNDS		312,209	1,197,446		1,509,655

					Incoming	Resources	Gains and	Movement
					resources	expended	losses	in funds
Unrestricted	funds						g
Activites in advancement			ofthe christian
faith					34,328	(30,878)	1,190,420	1,193,870
Hope House					6,000			6,000
Restricted funds					40,328	(30,878)	1,190,420	1,199,870
Community Care fund					404	(243)		161
CofFee morning Come together		fund			998 1,332	(148) (1,138)		850 194
Extend					635	(272)		363
Youth					931	(739)		192
Surplus Tithe Garden Fund Clothes Fund					405 66 888	(3,383) (2,160)		(2,978) (2,094) 888
					5,659	(8,083)		(2,424)
TOTAL FUNDS					45,987	(38,961)	1,190,420	1,197,446
Comparatives	for movement			in funds
						Net	Transfers
						movement	between	At
					At 1.1.21	in funds	funds	31.12.21
Unrestricted funds					E			g
Activites in advancement			ofthe christian
faith					307,215	(12,698)	5,762	300,279
Kitchen Equipment					331	(13)	(318)
Hope House					5,384	5,886	(8,400)	2,870
Restricted funds					312,930	(6,825)	(2,956)	303,149
Community Care		fund			199	(797)	598
Coffee morning Come together	fund				747 410	700 85	(550)	897 495
Extend Youth Surplus Tithe Main door					1,382 3,570 131	434 258 (1,295)	900	1,816 1,158 2,275 131
Pathway project	fund				901			901
Garden Fund					1,300	(3,258)	1,958
Clothes Fund					893	260	50	1,203
Messy Church					184			184
					9,717	(3,613)	2,956	9,060
TOTAL FUNDS					322,647	(10,438)		312,209

		Incoming	Resources	Movement
		resources	expended	in funds
		8	f.	F.
Unrestricted funds
Activites in advancement	ofthe christian
faith Kitchen Equipment Hope House		34,141 5,886	(46,839) (13)	(12,698) (13) 5,886
Restricted funds		40,027	(46,852)	(6,825)
Community Care fund Coffee morning fund		616 700	(1,413)	(797) 700
Come together		496	(411)	85
Extend Youth Surplus Tithe Garden Fund Clothes Fund		474 1,091 1,240 299 410	(40) (833) (2535) (3,557) (150)	434 258 (1,295) (3,258) 260
		5,326	(8,939)	(3,613)
TOTAL FUNDS		45,353	(55,791)	(10,438)
A current year 12months	and prior year 12months combined	position is as follows:
		Net	Transfers
		movement	between	At
	At 1.1.21	in funds	funds	31.12.22
	8	8
Unrestricted funds
Activites in advancement	ofthe christian
faith Kitchen Equipment	307,215 331	1,181,172 (13)	7,030 (318)	1,495,417
Hope House	5,384	11,886	(13,600)	3,670
Restricted funds	312,930	1,193,045	(6,888)	1,499,087
Community Care fund	199	(636)	598	161
Coffee morning fund	747	1,550	(700)	1,597
Come together Extend Youth Surplus Tithe Main door	410 1,382 3,570 131	279 797 450 (4,273)	(150) (200) 1,050 2,332 901	539 1,979 1,500 1,629 1,032
Pathway project fund Garden Fund	901 1,300	(5,352)	(901) 4,358	306
Clothes Fund	893	1,148	(400)	1,641
Messy Churrh	isn			184
	9,717	(6,037)	6,888	10,568
TOTAL F'UNDS	322,647	1,187,008		1,509,655

		Incoming	Resources	Gains and	Movement
Unrestricted funds		resources	expended 6	losses f	in funds f,
Activites in advancement	ofthe christian
faith		68,469	(77,717)	1,190,420	1,181,172
Kitchen Equipment Hope House		11,886	(13)		(13) 11,886
Restricted funds		80,355	(77,730)	1,190,420	1,193,045
Community Care fund Coffee morning fund Come together Extend Youth		1,020 1,698 1,828 1,109 2,022	(1,656) (148) (1,549) (312) (1,572)		(636) 1,550 279 797 450
Surplus Tithe Garden Fund Clothes Fund		1,645 365 1,298	(5,918) (5,717) (150)		(4,273) (5,352) 1,148
		10,985	(17,022)		(6,037)
TOTAL FUNDS		91,340	(94,752)	1,190,420	1,187,008

				for the Year Ended 31Dec	ember 2022
					2022	2021
INCOME AND ENDOWMENTS
Donations and legacies
Cash offerings					25,114	19,423
Gifts						200
Income tax refunds					5,419	4,188
					30,533	23,811
Charitable activities
Other income &om charitable			activities		5,574	5,189
Grants					9,480	15,643
					15,054	20,832
Other income
Room hire					400	710
Total incoming resources					45,987	45,353
EXPENDITURE
Charitable activities
Ministry expenses					1,239	2,472
Other activities expenditure					4,280	7,799
Grants to institutions					2,543	3,250
					8,062	13,521
Support costs
Management
Trustees' salaries Trustees' pension contributions StaB'costs Rates and water					7,735 703 1,945 537	18,375 2,078 1,844 391
Insurance					2,738	2,468
Light and heat					5,690	5,886
Communication and	information			technology	2,520	2,143
Postage and stationery					1,238	1,118
Repairs and maintenance					2,140	2,355
Motor and travelling	costs				20	8
Miscellaneous Depreciation oftangible Loss on sale oftangible		and heritage assets fixed assets			2,252 995	2,351 1,312 17
					28,513	40,346
Governance costs
Independent examiner's		fees			1,518	1,260
Carried forward					1,518	1,260

	Detailed Statement of for the Year Ended	Financial Activities 31December 2022
		2022	2021
			f.
Governance costs
Brought forward		1,518	1,260
Legal and professional	fees	868	664
		2,386	1,924
Total resources expended		38,961	55,791
Net income/(expenditure)		7,026	(10,438)