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|Report ofthe Trustees|||I|to|11|
|Independent
Examiner's||Report|12|to|13|
|Statement ofFinancial||Activities||14||
|Balance Sheet|||15|to|16|
|Notes tothe Financial|Statements||17|to|27|
|Detailed Statement
of|Financial Activities|||28||
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes||8||8|
|INCOME|AND ENDOWMENTS FROM||||||||
|Donations|and legacies|||2|171,913|111,045|282,958|234,802|
|Investment|income||||455||455|95|
|Other income|||||3,015||3,015|1,425|
|Total|||||175,383|111,045|286,428|236,322|
|EXPENDITURE||ON|||||||
|Charitable|activities||||||||
|Hill Church|||||63,355||63,355|65,915|
|Matthew's|House||||88,462|179,706|268,168|136,241|
|Total|||||151,817|179,706|331,523|202,156|
|NET INCOME/(EXPENDITURE)|||||23,566|(68,661)|(45,095)|34,166|
|Transfers|between|funds||13|(5,931)|5,931|||
|Net movement
in||funds|||17,635|(62,730)|(45,095)|34,166|
|RECONCILIATION|||OFFUNDS||||||
|Total funds|brought|forward|||357,611|141,067|498,678|464,512|
|TOTAL FUNDS CARRIED FORWARD|||||375,246|78,337|453,583|498,678|
##
|||||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|
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|2.|DONATIONS
AND LEGACIES|||||
|---|---|---|---|---|---|
|||||2023|2022|
||Donations|||146,801|152,548|
||Reclaimed tax|||22,612|20,705|
||Grants|||113,545|61,549|
|||||282,958|234,802|
||||Matthew's|||
|||Hill Church|House|Total|Total|
|||2023|2023|2023|2022|
||Donations|52,918|93,883|146,801|152,548|
||Reclaimed tax|8,922|13,690|22,612|20,705|
||Grants||113545|113545|~61 4|
|||61840|221 118|282 958|234802|
|3.|INVESTMENT INCOME|||||
|||||2023|2022|
||Deposit account interest|||455|95|
||||Matthew' s|||
|||Hill Church|House|Total|Total|
|||2023|2023|2023|2022|
||Deposit account interest|85|370|455|95|
|4.|OTHER INCOME|||||
||||Matthew' s|||
|||Hill Church|House|Total|Total|
|||2023|2023|2023|2022|
||Other Income||3,015|3,015|1,425|
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|||||||Matthew' s|||
|---|---|---|---|---|---|---|---|---|
||||||Hill Church|House|Total Funds|Total Funds|
||||||2023|2023|2023|2022|
|||||||8|||
|Venues||||||21,810|21,810|20,537|
|staff costs|||||36,988|72.971|109,959|100,801|
|Equipment|||||1,692||1,692|12,081|
|Leadership|&Training||||1,221||1,221|708|
|Volunteers||||||4,002|4,002|2,141|
|Resouces|||||371||371|907|
|Travel &Subsistence|||||552||552|856|
|Administration||&Insurance|||3,038|10,478|13,516|12,526|
|Publicity|||||332|322|654|1,150|
|Building Refurbishment||||||119,163|119,163|2,520|
|Depreciation|||||902|4,555|5,457|5,458|
|Governance|||||2,888||2,888|3,352|
|Grants to other||charities|||8,200||8,200|9,000|
|Project costs|||||8,236|33,224|41,460|29,880|
|Hospitality||||||372|372|73|
|Sundry|||||206||206|166|
||||||64,626|266,897|331,523|202,156|
|Matthew's|house contribution|||to Hill|||||
|Church|||||(8171)|8171|||
|Hill Church contribution|||to Matthew' s||||||
|House|||||6900|(6900)|||
||||||63355|268 168|331523|202 156|
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|2023|2022|
|---|---|
|5,457|5,458|
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|||2023|2022|
|---|---|---|---|
|Wages Es|Salaries|100,846|88,571|
|Social Security Costs||2,306|6,118|
|Employers|Pension Contributions|6807|6 112|
|||109959|100 801|
|The averag|e monthly
number ofeinployees
during|the year was as follows:||
|---|---|---|---|
|||2023|2022|
|Charitable|Activities|6|5|
##
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||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|
##
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|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|
##
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||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
|Unrestricted
funds||||||
|General fund|||175,383|(151,817)|23,566|
|Restricted funds||||||
|Choir Expression Fund||||(2826)|(2,226)|
|Advocacy Expression|Fund|||(1,678)|(1,678)|
|Matt's Cafe Expression|Fund||7,398|(8,108)|(710)|
|Salary Costs Fund|||9,000|(29,939)|(20,939)|
|Hope in Swansea Fund|||10,000|(7,199)|2,801|
|Welsh Government
Fund|||1,000|(1,000)||
|Building Improvement|Fund||80,979|(119,163)|(38,184)|
|Homeless Period Expression||Fund|2,668|(10,393)|(7,725)|
||||111,045|(179,706)|(68,661)|
|TOTAL FUNDS|||286,428|(331,523)|(45,095)|
##
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||||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||||||
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|||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|