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2022-12-31-accounts

CONTENTS
		Page
Administrative details
Administrative details
Reports Trustee directors' report		3-9
Independent auditors' report		10-13
Financial statements
Statement ofcomprehensive	income	14
Statement offinancial position		15
Statement ofcash flow		16
Principal accounting pol iaas	and Notes to the accounts	17-26

			Unrestricted	Restricted		Total
			funds	funds
		Notes			2022	2021
				f,
Income:		ld
Donations and Legacies:
Collections and donations			442,745	20,675	463,420	476,706
Gilt aid claim			94,095	0	94,095	96,185
CJRS grant			0		0	8,226
Income trom Investments			618		618	47
Rental income			0		0	0
Income trom charitable activities		—eve'nts	33,731		33j731	14,615
Total income			571,1S9	20,675	591,864	595,779
Expenditure		le
Expenditure on charitable	activities:
Missions and evangelical	work	9	20,000	16,487	36,4$7	40,596
Cost ofChurch activities		10	554,128	0	554,12$	468,665
Governance costs		12	28,795	0	2$,795	27,449
Total expenditure			602W3	16,487	619,410	536,710
Net income/(expenditure)	and net
movement in funds for the year
		2	(31,734)	4,1SS	(27~6)	59,069
Reconciliation offunds
Fund balances at I January			2/61@25	4,478	2@66,403	2,307,334
Fund balances at31December		13	2430,191	8,666	2438,857	2,366,403

				2022	2021
			Notes
Fixed assets
Land			5	1437,800	1,237,800
Buildings			5	729,438	747,125
Other tangible assets			6	12,808	7,832
				1,980,046	1,992,757
Current Assets
Debtors				28,685	34,839
Cash at bank	and in hand			365,193	375,501
Current assets				393,878	410,340
Creditors due	within one	year		(35,067)	'' (36,694)
Net current	assets			358,811	373,646
Total Assets	less current	liabiTities		2/38,857	2,366,403
Net assets			13	2438,857	2,366,403
Funds
Unrestricted	reserves		14	2430,191	2,361,925
Restricted reserves			14	8,666	4,478
Total Funds			14	2438,857	2,366,403

					2022	2021
				Notes
Net cash (outflow)/inflow		from operating		15	(291)	92,708
activities
Investing activities
Interest received					618	47
Payments to acquire	tangible		fixed assets and		(10,635)	(11,979)
improve properties
Net cash flow from	investing		activities		(10,017)	(11,932)
Increase/(Decrease	) in Cash		and cash		(10+08)	80,776
equivalents
Cash and cash equivalents		at	I January		375401	294,725
Cash and cash equivalents		at	31December		365,193	375,501

	Yearso	Year to
	December	December
	2022	2021
	Number	Number
Employees	10	11
The full time equivalent ofthe average number of	7	7
employees

		Year to	Year to
		December	December
		2022	2021
Wages	and salaries	293377	265,848
Social	Security costs	23,514	19,462
Other	pension costs	69,445	67,017
		386/36	352,327

			Year to	Year to
			December	December
			2022	2021
K70,000	to	f79,999	0	0
K80,000	to	f89,999	2	2

	Land	Buildings	Total
Cost
At I January 2022	1,237,800	884,355	2,122,155
Additions	0	0	0
At 31December 2022	1,237,800	884,355	2,122,155
Depreciation
At I January 2022	0	137,230	137,230
Charge for the year	0	17,687
			17687
At 31December 2022	0	154,917	154,917
Net book value at 31December 2022	1+37,800	729,438	1,967438
Net book value at 31December 2021	1337,800	747,125	1,984,925

	Fittings dr
	equipment	Furniture	Totalf
Cost
At 1 January 2022	39,826	9,993	,49,819
Additions	10,635	0	10,635
Old assets written off'	(22,458)	(4,537)	(26,995)
At 31December 2022	28,003	5,456	33,459
Depreciation
At 1 January 2022	.33,793	8,194	41,987
Old assets written off	(22,458)	(4,537)	(26,995)
Charge for the year	4,651	1,008	5,659
At 31December 2022	15,986	4,665	20,651
Net book value at 31December 2022	12,017	791	12,808
Net book value at 31 December 2021	6,033	1,799	7,832

		Year to	Year to
		December	December
		2022	2021
		f
HM Revenue	and Customs (GiA Aid claim)	26481	28,310
Other debtors		833	4,1,67
Prepayments	and accrued income	1,471	2,362
		28,685	34,839

		Year to	Year to
		December	December
		2022	2021
Accountants'	fee	7,000	6,500
Accrued expenses		9/15	10,780
Tax and social security costs		18,752	19,414
		357067	36,694

				Year to	Year to
				December	December
				2022	2021
Grants from unrestricted		funds
French Children Mission				15,000	15,000
Kanjanj i - Zambia				5,000	5,000
Travelling costs in visiting		missions		0	0
				20,000	20,000
				Year to	Year to
				December	December
				2022	2021
Grants from restricted	funds
'Koningsoffer' Fund				7,707	9,284
Financial support South				0	2,520
Kanjanj i - Zambia				0	182
London Fund				0	80
Kuyasa Fund				8,780	8,530
				16,487	20,596
Total grants from unrestricted			and restricted funds	36,487	40,596

					Year to	Year to
					December	December
					2022	2021
Church activities and		events costs
Ministers' remuneration		and pension costs			236,435	212,815
Other remuneration	costs				132,836	122,573
Congregational meetings,			events	and activities	61,681	34,643
Rent —church and other			buildings		26,197	14,949
					457,149	384,980
Support costs
Housing costs					29,146	26,602
General insurance					3,837	3,673
Compassion relief
					1,000
Travelling expenses					17,184	10,838
Stationery, Calendar,	Newsletters,			etc.	2,080	2,522
Telephone, internet	and	relevant		costs	6481	6,019
Staff entertainment					500	658
Information technology			costs		13@05	12,340
Depreciation					23/46	21,033
					96,979	83,685
Total costs					554,128	468,665

					Year to	Year to
					December	December
					2022	2021
						f.
Bank charges					2&279	2,534
Audit fees	and	other sundry	items		7,100	5,920
Administrative		stafFcosts			17,066	16,940
Stationery	and	other costs			2/50	2,055
					28,795	27,449
Summary	of	Net assets by	Fund
				Fixed	Net	Total Net
				Assets	current	Assets
					assets
Unrestricted		funds
General reserve fund				1,980,046	250,145	2,230,191
Designated	funds
Pastor Exchange Fund					50,000	50,000
Scaling	down reserve				50,000	50,000
				1,980,046	350,145	2,330,191
Restricted	funds
'Koningsoffer'		Fund		0	7756	7756
Kuyasa Fund				0	910	910
				0	8,666	8,666
				1,980,046	358411	2438,857

			01/01/2022	Inflow		Outflow	31/12/202
							2
			f	f		f	f
Unrestricted		funds
General reserve fund			2,261,925	571,189		602,923	2,230,191
Designated	funds
Pastor Exchange Fund			50,000	0		0	50,000
Scaling down reserve			50,000	0		0	50,000
			2,361,925	571,189		602,923	2,330,191
Restricted	funds
'Koningsoffer'		Fund	3,588	11,875		7,707	7,756
Kuyasa Fund			890	8,800	'	8,780	910
			4,478	20,675		16,487	8,666
			2466,403	591,864		619,410	2/38,857

Reconciliation ofprofit	to net cash (outflow)flinflow	from operating	activities
		2022	2021
Profit/(Loss) for the year		(27,546)	59,069
Adjustments to reconcile	profit for the year to net
cash flow from operating	activities
Depreciation		23446	21,034
Finance income		(618)	(47)
Working capital movements
(Increase)/Decrease in	debtors	6,154	5,771
Increase/(Decrease) in	creditors	(1,627)	6,881
Net cash (outflow)/inflow	Rom operating	(291)	92,708
activities