2023-03-31-accounts - The Hill Church Swansea

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

				2023	2022
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets	10	78,542		78,542	83,999
CURRENT ASSETS
Debtors	11	17,759		17,759	10,881
Cash atbank and in hand		282,806	78,337	361,143	407,564
		300,565	78,337	378,902	418,445
CREDITORS
Amounts falling due within one year	12	(3,861)		(3,861)	(3,766)
NET CURRENT ASSETS		296,704	78,33'7	375,041	414,679
TOTAL ASSETSLESSCURRENT
LIABILITIES		375,246	78,337	453,583	498,678
NET ASSETS		375,246	78,337	453,583	498,678
FUNDS	13
Unrestricted funds				375,246	357,611
Restricted funds				78,337	141,067
TOTAL FUNDS				453,583	498,678

2023	2022
5,457	5,458

The averag	e monthly number ofeinployees during	the year was as follows:
		2023	2022
Charitable	Activities	6	5

	Notes tothe Financial m nts - continued frth Ye Ended 31March 20	Notes tothe Financial m nts - continued frth Ye Ended 31March 20	Notes tothe Financial m nts - continued frth Ye Ended 31March 20	Notes tothe Financial m nts - continued frth Ye Ended 31March 20
	COMPARATIVKS FORTHE STATEMENT OFFINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			funds	funds	funds
			8	8
	INCOME AND ENDOWMENTS FROM
	Donations and legacies		171,924	62,878	234,802
	Investment income		95		95
	Other income		1,425		1,425
	Total		173,444	62,878	236,322
	EXPENDITURE ON
	Charitable activities
	Hill Church		65,915		65,915
	Matthew's House		76486	59,955	136,241
	Total		142,201	59,955	202,156
	NET INCOME		31343	2,923	34,166
	RECONCILIATION	OFFUNDS
	Total funds brought forward		326,368	138,144	464,512
	TOTAL FUNDS CARRIED
	FORWARD		357,611	141,067	498,678
10.	TANGIBLE FIXEDASSETS
			Leasehold	Plant and
			Building	machinery	Totals
					8
	COST
	At 1 April 2022 and 31	March 2023	80,300	35,333	115,633
	DEPRECIATION
	At 1 April 2022		5,413	26421	31,634
	Charge for year		902	4,555	5,457
	At 31March 2023		6,315	30,776	37,091
	NET BOOK VALUE
	At 31March 2023		73,985	4,557	78,542
	At 31 March 2022		74,887	9,112	83,999

11.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
		2023	2022
	Other debtors	17,759	10,881
12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2023	2022
	Social security and other taxes	1,881	1,966
	Accrued expenses	1,980	1,800
		' 3,861	3,766
13.	MOVEMENT IN FUNDS

MOVEMENT IN FU	NDS
			Net	Transfers
			movement	between	At
		At 1/4/22	in funds	funds	31/3/23
Unrestricted funds
General fund		215,169	23,566	889	239,624
Apostolic Initiative		7,466		(163)	7,303
Poverty Relief		164		5,131	5,295
New Churches		6,812		(433)	6,379
Listed Building		60,000		(11,355)	48,645
Contingency Fund		53,000			53,000
Green Hill Garden Project		10,000			10,000
Hope in Swansea App	Development	5,000			5,000
		357,611	23,566	(5,931)	375,246
Restricted funds
Hospitality Fund		19,794			19,794
Choir Expression Fund		2,806	(2426)		580
Advocacy Expression	Fund	34,531	(1,678)	(24,000)	8,853
Matt's Cafe Expression	Fund	2,333	(710)		1,623
Covid Fund		5,424		(5,424)
Salary Costs Fund		27,094	(20,939)	26,450	32,605
Hope in Swansea Fund		14,341	2,801	(2,450)	14,692
Building Improvement	Fund	26,829	(38,184)	11,355
Homeless Period Expression Fund		7,915	(7,725)		190
		141,067	(68,661)	5,931	78,337
TOTAL FUNDS		498,678	(45,095)		453,583

			Net	Transfers
			movement	between	At
		At I/4/21	in funds	funds	31/3/22
Unrestricted funds
General fund		176,926	31343	7,000	215,169
Apostolic Initiative		7,466			7,466
Poveriy Relief		7,164		(7,000)	164
New Chumhes		6,812			6,812
Listed Building		60,000			60,000
Contingency Fund		53,000			53,000
Green Hill Garden Project		10,000			10,000
Hope in Swansea App	Development	5,000			5,000
		326,368	31,243		357,611
Restricted funds
Hospitality Fund		22,314	(2,520)		19,794
Choir Expression Fund		2,306	500		2,806
Advocacy Expression	Fund	34,770	(239)		34,531
Matt's Cafe Expression	Fund	1,665	668		2,333
Covid Fund		3,708	1,716		5,424
Salary Costs Fund		44/81	(17,187)		27,094
Hope in Swansea Fund		29,100	(14,759)		14,341
Building Improvement	Fund		26,829		26,829
Homeless Period Expression Fund			7,915		7,915
		138,144	2,923		141,067
TOTAL FUNDS		464,512	34,166		498,678

			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted funds
General fund			173,444	(142,201)	31343
Restricted funds
Hospitality Fund				(2,520)	(2,520)
Choir Expression	Fund		500		500
Advocacy Expression Fund				(239)	(239)
Matt's Cafe Expression		Fund	11,365	(]0,697)	668
Covid Fund			2,525	(809)	1,716
Salary Costs Fund			2,000	(19,187)	(17,187)
Hope in Swansea	Fund		2,596	(17,355)	(14,759)
Welsh Government	Fund		3,505	(3,505)
Building Improvement		Fund	26,829		26,829
Homeless Period Expression Fund			13,558	(5,643)	7,915
			62,878	(59,955)	2,923
TOTAL FUNDS			236,322	(202,156)	34,166
Funds

		Detailed Statement ofFinancial Activities
		for the Year Ended 31March 2023
			2023	2022
INCOME AND ENDOWMENTS
Donations and	legacies
Donations			146,801	152,548
Reclaimed tax			22,612	20,705
Grants			113,545	61,549
			282,958	234,802
Investment income
Deposit account	interest		455	95
Other income
Other Income			3,015	1,425
Total incoming	resources		286,428	236,322
EXPENDITURE
Charitable activities
Staffcosts Leadership 4 Training			109,959 1,221	100,801 708
Administration	/b Insurance		13,516	12,526
Volunteers			4,002	2,141
Resources			371	907
Travel k Subsistence			552	856
Publicity			654	1,150
Buildings Refurbishment			119,163	2,520
Governance			2,888	3,352
Grants to other	charities		8,200	9,000
Project costs			41,460	29,880
Hospitality			372	73
Sundry			206	166
Equipment			1,692	12,081
Venues			21,810	20,537
Depreciation oftangible fixed		assets	5,457	5,458
			331,523	202,156
Total resources	expended		331,523	202,156
Net (expenditure)/income			(45,095)	34,166