## 

|Legal and Administrative|Information|
|---|---|
|Report ofthe Trustees||
|Independent<br>Examiner's|report|
|Statement ofFinancial Activities||
|Balance sheet||
|Cash Flow Statement||
|Notes tothe Accounts||





## 

## 



## 

## 



## 

## 



## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

||||||||Restated|
|---|---|---|---|---|---|---|---|
||||Notes|Current year<br>Unres meted|Cunent year<br>Restouted|Currenr. year<br>Toud Funds|Prhr Year<br>Total Funds|
|||||Funds|Funds|||
|||||2022|2022|2022|2021|
|||||E|E|E|E|
|income<br>Br.Endowments||Born||||||
|Donadons<br>BtLegacies||||75,036|11,430|86,466|70,278|
|investments||||10,395|4,312|14,707|17,224|
|Total income|||A|85,431|15,742|101,173|87,502|
|Expenditure<br>on:||||||||
|Charitable<br>acdviuts<br>Total~||||35,300<br>35,300|8,019<br>8,019|43,319<br>43,319|44,454<br>44,454|
|Net gains on investments|||||(1,000)|(1,000)|20,636|
|Net income for the year|||A-8+C|50,131|6,723|56,854|63,684|
|RecouciTiatiou offunds:—||||||||
|Total funds bmught|forward|||103,499|»7,104|220,603|156.919|
|Total funds<br>cerned forward||||153,630|125,642|279,272|220,603|





## 

|||||Prior Year|Prior Year|Prior Year|
|---|---|---|---|---|---|---|
||||Notes|Unrestricted|Resuicted|Total Funds|
|||||Funds|Funds||
|||||2021|2021|2021|
|||||8|8|8|
|Income &|Endowments|fmm:|||||
|Dorutions|&Legacies|||64,978|5,300|70,278|
|Investments||||17,224||17,224|
|Total income||||82,202|5,300|87,502|
|Charitable<br>activities<br>Total~||||||44,454<br>44,454|
|Net gains on mvestments|||||20,636|20,636|
|Net income for the year||||37,748|25,936|63,684|
|Reconciliation offunds:—|||||||
|Total funds|brougla forward|||65,751|91,168|156,919|
|Total funds|canied forward|||103,499|117,104|220,603|



## 

## 

|||||||Restated|
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||8|8|
|Surplus for the year:-|||||||
|Net excess ofincome over expenditure|||Rom operations|before tax|57,854|43,048|
|income from|operations<br>before||renin the Smremenr ofFinancial||57.854|43,048|
|Acrivires|||||||
|Add/(deduct)||non inrosne snd expendinzreitems:—|||||
|Unrealised<br>gains||on investments|||(1,000)|20,636|
|Net Movement||in funds before taxation|||56,854|63,684|
|Taxation arising|m the year||||||
|Funds generated||in the year as shown on Statement ofFinancial|||||
|Activities|||||56.854|63,684|
|||||11|||





## 

|towards<br>fixed a|ssets for C|harity use:-||||
|---|---|---|---|---|---|
||||||Restated|
|||||2022|2021|
|||||8|8|
|Funds generated|in tbe year as|detaged m the SOFA||56,854|63,684|
|Resources<br>applied|on functional|fixed assets||(7,545}||
|Other applications|offunds|||||
|Net resources|available to|fund charitable|activities|49,309|63,684|



## 

|Revenue accumulated|Revenue accumulated|funds|||||Restated|
|---|---|---|---|---|---|---|---|
|||||Unrestricmd|Restricted|Total|Last year|
|||||Funds|Funds|Funds|Total Funds|
|||||2022|2022|2022|2021|
|||||K|K|8||
|Accumulated<br>funds brought|||forward|103,499|31,740|135,239|71,555|
|Recognised gains|and|losses|before uansfets|50,131|6,723|56,854|63,684|
|||||153,630|38,463|192,093|135,239|
|Closing revenue|funds|||153,630|40,278|193,908|135,239|
|Fixed asset funds|||||Resuicted|Toml|Last year|
||||||Funds|Funds|Total Funds|
||||||2022|2022|2021|
|||||||K|K|
|At 1 January|||||85,364|85,364|85,364|
|At 31December|||||85,364|85,364|85,364|
|Summanr of funds||||Uoresmeted|Resuicted|Total|Last Year|
|||||and|Funds|Funds|Total Funds|
|||||Designated<br>funds<br>2022|2022|2022|2021|
|||||g|g|||
|Revenue accumulated||ftmds||153,630|40,278|193,90S|135,239|
|Fixed asset funds|||||85,364|85,364|85,364|
|Toul finxls||||153,630|125,642|279,272|220,603|





## 

|CHRIST GOSPEL ASSEMBLY<br>Income and Expenditure<br>Account for the <br>Companies<br>Act 2006|year ended 31December|2022 as required<br>by|the|
|---|---|---|---|
|||2022|2021|
|||8|8|
|fncome||||
|Income fiom operations|||70,278|
|Investment<br>income<br>Income f'rom investmeras,<br>other than interest <br>Interest receivable|receivable|14,685<br>22|17,218<br>6|
|Gross income in tbe year before exceptional items||101,173|87,502|
|Gmss income in the yon induding<br>mxepuuuai|items|101,173|87,502|
|Expetxdiure||||
|Charitab)e~,excluding<br>depreciation<br>Depreciation<br>and amortisation<br>Governance<br>costs|and amortisation|40,893<br>1,526<br>900|42,405<br>I,149<br>900|
|Net (Gains) / Losses on Investmeras||1,000|(20,636)|
|Total expendsme<br>in the year||44,319|23,818|
|Net income before tax in the finandai year||56,854|63,684|
|Net income afier tax in the financial year||56,854|63,684|
|Retained surplus<br>for the financial year||56,854|63,684|
|All acrivfuies<br>derive I'rom continuing<br>operations||||





## 

|||||||Restated|
|---|---|---|---|---|---|---|
|||Notes||2022||2021|
|||||||8|
|Fixed assets|||||||
|intangible<br>assets||||365||548|
|Tangible assets||||9,805||3,603|
|lovesunetss hdd as gxed assets||||105,000||106,000|
|Total Sxed assets||||115,170||110,151|
|Current<br>assets|||||||
|Cash at bank and in hand.|||165,452||110,452||
|Creditors:<br>amounts|falling due||||||
|within one year|||(L350)||||
|Net current assets||||164,102||110,452|
|The total net assets <br>charity|of the|||279,272||220,603|



|The total net assets ofthe charity are funded by the funds|The total net assets ofthe charity are funded by the funds|The total net assets ofthe charity are funded by the funds|of the charity,|as foBows.'-|
|---|---|---|---|---|
|Restricted<br>funds|||||
|Restricted Revenue Funds|10|40,278||31,740|
|Resmcted Fixed Asset Funds|10|85,364||85,364|
||||125,642|117,104|
|Unrestricted<br>Funds|||||
|Unres meted Revenue Funds|10|153,630||103,499|
||||153,630|103,499|
|Designated<br>Funds|||||
|Total charity funds|||279.272|220,603|





## 

## 

|||||2021|
|---|---|---|---|---|
|||||8|
|Cash Bows Rom operating activiYies|||||
|Net cash provided<br>by operating<br>activities as shown|below|A|47,S38||
|Cash ZowaBcaminvaariug<br>acrrvir1es|||||
|Interest received|||22|6|
|Other investment<br>income, including<br>rents from investments|||14,685|17,218|
|Purchase ofproperty, plant and equipment|||(7,545)||
|Net cash provided by investing activities||B|7,162|17224|
|Overall cash provided by all activities|A+B||55,000|42,420|
|Change in cash and cash equivalents<br>from|||||
|activities<br>in the year ended 31December 2022|||55,000|42,420|
|Cash and cash equivalents<br>at I january 2022|||110,452|68,032|
|Cash atbank and in hand less overdrags at31December|||165,452|110,452|
|Reconciliation ofnet income tonet cash flow fmm|operating|activities|||
|Net income as shown in the Statement ofFinancial|Activities||58,669|63,684|
|Adhssnreum<br>&r:-|||||
|Depreciation<br>charges|||1,343|966|
|Amortisation<br>charges|||183|183|
|Write downs ofinvestments|||||
|Net unrealised<br>losses on investment<br>assets|||1,000|(20,636)|
|Dividends,<br>interest and rents from investments|||(14,707)|(17,224)|
|Increase / (Decrease) in creditors, excluding<br>loans|||1,350|(1,777)|
|Net cash pmvided by operating<br>activiYies||A|47,838|25,196|





## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

|Freehold property|—not depreciated|
|---|---|
|Long term leasehold property|—50years|
|Fixtures and Fitdngs|—10years|
|Office Equipment|—10years|
|Motor Vehicle|—5years|





## 

## 

## 

## 

## 

## 



## 

|Donations.<br>Grant|s|and L|ega|cies|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Currem year|Current year|Cunent|year|Prior Year||
||||||Untestnctett|Restncted|Total Funds||Total Funds||
||||||Funds|Funds|||||
||||||2022|2022||2022||2021|
||||||K|E||E|||
|Donations<br>and gifis fiom|||individuals||||||||
|Gift aid chim|||||12,494||12,494|||9,618|
|Buikhng<br>fiund||||||3,885|3,885|||2,115|
|Tithes, oiferings,|thanksgiving||||57,753||57,753||47,762||
|Vows and Pledges|||||4,414||4,414||||
|Covid-19 Job retention grant||||||||||7,817|
|Womens<br>Fund|||||375|||375||2,966|
|Donated Assets||||||7,545||7,545|||
|Total Donations,|Grants||and|Legades|75,036|11,430|86,466||70,278||
|Ofthe prior year||funds,|K2,115relates toRestricted Funds.||||||||
|Investment<br>income|||||||||||
||||||Current year|Current year|Current year||Prior|Year|
||||||Umesmeted|Resmned|Total Funds||Total|Funds|
||||||Funds|Funds|||||
||||||2022|2022|2022||2021||
|||||||g|||E||
|Property<br>Rental|Income||||10,395|4,290||14,685||17,218|
|Bank Interest Receivable||||||22||22||6|
|Total mvestment||inmme|||10,395|4,312||14,707||17,224|
|Expenditure<br>on charirabie|||activides||||||||
||||||Current year|Current year|Cunent|year|Prior Year||
||||||Unresmcted|Resmeted|Total Funds||Total Funds||
|Direct Spenrdiag|||||Funds|Funds|||||
||||||2022|2022|2022||2021||
|||||||K|g||g||
|Gross wages and||sahries|—charitable||acdvities<br>4,276|||4,276|11,375||
|Employers'<br>NI —Charsnble||||a tivities||||||534|
|Defined benefn pension costs —charitabh<br>263||||||||263||1,109|
|Charitable<br>wejjare||activiues||||||||1,000|
|Victorious<br>women||||||||||1,200|
|Charimbje project||costs||||7,642||7,642|||
|Toml direct spending|||||4.539|7,642|12,181||15,218||



## 

## 



## 

|Support costs f|or|c|ha|rita|bl|e<br>activi|ti|es|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Current|||year||Current year|Current|year|Prior Year||
||||||||||Unrestricted|||||Restricted|Total Funds||Total Funds||
|Current Year||||||||||Funds||||Funds|||||
|||||||||||2022||||2022|2022||2021||
|||||||||||E||||E|8||E||
|Premnes Papemes|||||||||||||||||||
|Rent payable under operatmg||||||leases||||24,|||160||24,160||21.500||
|Light heat and power||||||||||||1,503||||1,503||1,137|
|Premises<br>repairs,|renewals||||and maintenance|||||||||||960|||
|Property<br>insurance|||||||||||||293|||293|||
|Repairs||||||||||||||||||1,800|
|Council tax||||||||||||||||||195|
|Administrative|overheads||||||||||||||||||
|Telephone,<br>fax and internet|||||||||||||545|||||593|
|Stationery<br>and printing||||||||||||||||||78|
|Equipment<br>expenses|||||||||||||79|||79|||
|Sofnvare licences|and||expenses|||||||||||||||144|
|Liabilty and coments|||insurance||||||||||522|||||974|
|Professional fees||paid to advt's'ors||||||other|rhsn|the|auditor|||or examiner|||||
|Accountancy<br>fees|other|||than examination||||or||||||||450|||
|audit fees|||||||||||||||||||
|Legal fees||||||||||||||||||55|
|Consuhancy<br>fees||||||||||||||||||462|
|Management<br>fees||||||||||||||||||240|
|Other legal and professional|||||||||||||200|||200|||
|Financial costs|||||||||||||||||||
|Depreciation &Amonis||||ation in total for||||the||||1,149||377||1,526||1,149|
|Total support costs||—Current||||Year|||||29,861|||377|30,238||28,336||
|Other Expenditure|||—Governance||||costs||||||||||||
||||||||||Current|||year||Currem year|Current|year|Prior|Year|
||||||||||Uteestricted|||||Restricted|Total Funds||Total Funds||
|Curreur<br>Year||||||||||Funds||||Funds|||||
|||||||||||2022||||2022|||2021||
|||||||||||E||||K|||||
|Independent<br>Examimr's||||fees|||||||||900||||||
|Total Governance|costs||||||||||||900|||900|||





## 

|||||Current|year|Current|year|Currenr|year|Prior|Year|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted||Total Funds||Total Funds||
|||||Funds||Funds||||||
|||||2022||2022||2022|||2021|
|||||8||E||8||||
|Total direct spending|||||4,539|7,642||12,181|||15,218|
|Total support costs||||29,861|||377|30,238|||28,336|
|Total Governance<br>costs|||||900||||900||900|
|Total charitable<br>expenditure||||35,300|||8,019|43,319||||
|Staff costs and emoluments||||||||||||
||||||||||2022||2021|
||||||||||8|||
|Gross Salaries excluding|trustees||and key management||petsonnel||||4,276||11,375|
|Employer's<br>National Insurance||for all staff|||||||||534|
|Employer's<br>contribution|to defined benefit pension schemes||||||||263||1,109|
|Total salaries,<br>wages|and|related costs|||||||4,539||13,018|
|The average number of|part time||stafF employed|in the|year was|||||1|I|
|Intangible<br>Fixed Assets||||||||||2022|2021|
|Cost||||||||||||
|At 1 January 2022||||||||||731|731|
|At 31December 2022||||||||||731|731|
|Amortrration||||||||||||
|At 1January 2022||||||||||183||
|Provided<br>during<br>the year||||||||||183|183|
|At 31December 2022||||||||||366|183|
|Net book value||||||||||365|548|





## 

||Phnt at|
|---|---|
|Current<br>Year|Machinery|
||8|
|Cost||
|At 1 January 2022|9,657|
|Additiom|7,545|
|At 31December 2022|17,202|
|Depreciation||
|At I January 2022<br>Charge for the year|6,054<br>1,343|
|At 31December 2022|7,397|
|Net book value||
|At 31December 2022|9,805|
|At 31December 2021|3,603|



|8|Investments<br>held as fixed assets||||
|---|---|---|---|---|
||||Investment||
||||properties||
||Carrying<br>values ofinvestments||||
||At 1January 2022<br>Revaluation<br>at 31December 2022||106,000<br>(1.000)||
||At 31 December 2022||105,000||
||Land and Buildings (885, 364), relate to Historical|costofinvestment|properties. The||
||surplus on revaluation<br>is as a result ofcomparing|the historical cost|with lower range on||
||Zoopla house prices as at 31/12/2022.||||
|9.|Creditors: amounts<br>fallmg due within one year||2022|2021|
|||||8|
||Other creditors||1,350||





## 

|At 31December 2022|Unrestricted|||Toad|
|---|---|---|---|---|
||funds|||Funds|
|Intangible Assets|365|||365|
|Tangible Fixed Assets|(75,559)|||9,805|
|investments<br>atvaluation:-|||||
|Eimt asset rbresrments|105,000|||105,000|
|Current Assets|125,174||40,278|165,452|
|Current LiabiRies|(1,350)|||(1,350)|
||153,630||125,642|279,272|
|At 1January 2022 Restated|Unrestricted|Designated||Total|
||funds|funds||Funds|
|||E|||
|Intangible<br>Assets|548|||548|
|Tangible Fixed Assets|(81,761)||85,364|3,603|
|Investments<br>at valoation-|||||
|Fixed asset investments|106,000|||106,000|
|Current Assets|78,712||31,740|110,452|
||103,499||117,104|220,603|