## **Grace Church Haywards Heath**
# **Report and Accounts for the year ended 31 July 2022**
## GRACE CHURCH HAYWARDS HEATH
## FOR THE YEAR ENDED 31 JULY 2022
## COMPANY INFORMATION
Directors/Trustees Luke Thomas Jonathan Hobbs Alexander Browning (resigned 6th November 2021) Victoria Ardran Thomas Burstow (appointed 1 October 2021) Angela Weber (appointed 18 January 2022)
Governing Document Memorandum and Articles of Association Company Registration Number 8591570 Charity Registration Number 1153108 Registered Office 1 Kingfisher Drive Haywards Heath West Sussex RH16 4TX
Independent Examiner Archie McDowall Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
|Bankers|Lloyds Bank plc||
|---|---|---|
||99-101 South Road||
||Haywards Heath||
||RH16 4ND||
||CONTENTS||
|||Page|
|Company Information||1|
|Directors' Report||2-4|
|Independent Examiner's Report||5|
|Statement of Financial Activities||6|
|Balance Sheet||7|
|Notes to the Accounts||8-14|
|Detailed Statement of Financial Activities||15|
Page 1
## **GRACE CHURCH HAYWARDS HEATH**
## **REPORT OF THE DIRECTORS**
## **FOR THE YEAR ENDED 31 JULY 2022**
The Directors have pleasure in submitting the Report and Accounts for the year.
## **Objects of the charity**
Our charity’s objective, as set out in the objects contained in the company’s memorandum and articles of association, is, for the public benefit, to advance the Christian faith in accordance with the Statement of Beliefs in Haywards Heath and Mid Sussex and in such other parts of the United Kingdom and the world as the Trustees may from time to time think fit.
## **Government**
The policy and operating decisions of the charity rest with the Directors who meet regularly to monitor the activities of the Company.
## **Review of Activities**
The charity undertakes the following activities to further this objective:
- Teaching the Bible in church services, and at other church meetings.
- Providing opportunities for prayer in many different contexts.
- Providing pastoral care and biblical counselling.
- Providing opportunities for people to investigate the Christian faith.
- Providing general support to any who need it and seeking to serve the local community.
A particular focus of the charity has been to serve the community within Bolnore Village, having deliberately chosen to meet there so that it might benefit from having its own church. Alongside our weekly services there, we have for some years continued to run two weekly youth clubs and a holiday Bible club, and advertise these and other meetings through leaflet drops in the area. A number of people from the village as well as wider Haywards Heath are benefiting from other church activities including participating in mid-week community groups and courses and events investigating the Christian faith. We also run a children's camp with three other local churches, and intend to reintroduce Messy Church when we can.
When legally able during the pandemic we hosted services and activities for any willing to come, which were live streamed for those not able to be present. From mid-July 2021 the restrictions were removed and from September 2021 most of our other regular meetings resumed in-person. Since then, our weekly services have continued to be live-streamed via Zoom with a recording subsequently made available on YouTube for those unable to attend - one of whom still has to isolate.
No targets have been set e.g. in respect of numbers attending services or other meetings. However the elders are also encouraged by signs of spiritual growth in the church members and a number of newcomers over the last year.
Our plans for the future are to continue to minister to the Haywards Heath and Bolnore area through the running of services, courses, other groups and engagement with the community. We will look for further opportunities to grow in number and to deepen in faith. We are looking to set up a team to work with the charity Grace Advocacy, helping those who are struggling to access what they need from the various support services.
Page 2
Many of the activities of the church were wholly or partially run by volunteer church members. The trustees are very grateful for the dedicated service of so many church members in this regard.
## How our activities deliver public benefit
Our church meetings are open to all whatever their age, background or faith. We offer courses and one-off events for those investigating the Christian faith. There is a youth group held once a week that involves social interaction for sixth form and secondary-aged young people, as well as Bible study and prayer. Community groups are also held throughout the week and are open to all adults, providing an opportunity for Bible study, mutual support and encouragement, and prayer. Groups are run during the Sunday service for primary-aged children with games, craft activities and Christian teaching. We also run a children's camp, holiday Bible club, a youth club for Key Stage 2 children, and members of our staff team take occasional assemblies at the village primary school. We occasionally host purely social events where all are welcome. We have offered the CAP Money course to those who would value it, which we hope to replace with the team working for Grace Advocacy. And our minister provides some support to staff at the local school where he is a governor.
The church’s website includes resources such as sermon recordings for those who are unable to attend the Sunday services and, since March 2020, recordings of our full Sunday services have been available on YouTube.
Pastoral care is available for anyone, whether a church member or not, who would like to discuss difficult situations in confidence with the church minister. This is advertised on the church website. Over the last year our elders have been involved in supporting those suffering difficulties with work, financial hardship, family members, and marriage, as well as those struggling with mental illness and longer term physical illness. The church minister also represents the church as a governor at the local primary school.
Other than small charges to cover costs, no charge is made for any service provided by the church.
We have been pleased to note a large number of different nationalities and backgrounds represented within the church membership and those attending services.
In planning the activities the Directors have had regard to the guidance on public benefit issued by the Charity Commission in December 2008.
## **Financial Review**
Incoming resources in 2021-22 totalled £92,780 (2020-21: £113,856). Of the £92,780 income in 2021-22, £79,513 (86%) (2021: £95,993, 84%) was donated by church members. Additionally £11,469 was donated by the Sussex Gospel Partnership in recognition of Jonathan Hobbs’ time spent on training and development for the Partnership, with the remainder being contributions to the cost of church events. The total resources expended for the period was £98,022 (2020-21: £91,013), of which £74,606 (76%) were staff-related costs (2020-21: £69,194 (76%)). Incoming resources in 2021-22 were lower than 2020-21 because i) the 2020-21 income included some large one-off gifts that were earmarked to cover the salary costs for the Trainee Minister from 2021 to 2025 and ii) giving by church members reduced as some moved out of the local area. The Covid-19 pandemic has not had a material impact on the church's finances, with no significant change in giving as a result of the pandemic.
Page 3
The contract of the church’s trainee minister, Daniel Woodfield, ended in August 2021 and the church has employed an assistant minister, Thomas Vaughan, on a four-year contract from September 2021.
## **Reserves Policy**
The charity’s reserves at the balance sheet date were £81,819 (2021: £87,060), almost all of which was cash at bank. Of these reserves, £8,339 (2021: £8,750) were restricted funds in relation to the charity's hardship fund. The Directors have set a policy of seeking to maintain three months’ expenditure as general reserves and have complied with this policy throughout the year.
## **Risk Statement**
The Directors have reviewed the risks to which a small charity operating with few employees is exposed. Appropriate procedures are in place to identify, monitor and review these risks on a regular basis.
## **Directors' Responsibilities**
Charity law requires us as Directors to prepare financial statements for each accounting year which give a true and fair view of the state of the charity and of its income and expenditure for the year.
1. Select suitable accounting policies and apply them consistently
2. Make judgements and estimates that are reasonable and prudent
3. State whether the applicable accounting standards have been followed, subject to any
material departures disclosed and explained in the accounts.
4. Prepare the financial statements on a going concern basis unless it is inappropriate to
presume that the charity will continue in business.
We are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable us to ensure that the financial statements comply with the Companies Act 2006.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
## **Approval**
This report was approved by the Directors and signed on their behalf by:
Luke Thomas
---------------------------------------------------------------Luke Thomas
Date: 24 April 2023
Page 4
## INDEPENDENT EXAMINER'S REPORT
## TO THE TRUSTEES OF
## GRACE CHURCH HAYWARDS HEATH
## ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2022 on pages 6 to 15 following, which have been prepared on the basis of the accounting policies set out on pages 8 to 10.
## Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Archie McDowall
Archie McDowall
For and on behalf of: Stewardship 1 Lamb's Passage London EC1Y 8AB
Date: 25 April 2023
Page 5
## **GRACE CHURCH HAYWARDS HEATH**
## **Statement of Financial Activities**
## **FOR THE YEAR ENDED 31 JULY 2022**
## **Including Income and Expenditure Account**
|Note
**INCOME FROM**
Donations and legacies
2
Investments
_Other income_
Total income
**EXPENDITURE ON**
Charitable activities
3
Total expenditure
**Net Movement in Funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
2022
2021
£
£
£
£
90,882
71
90,953
113,793
11
-
11
13
1,816
-
1,816
50|
|---|---|
||92,709
71
92,780
113,856
97,540
482
98,022
91,013|
||97,540
482
98,022
91,013|
||(4,830)
(411)
(5,241)
22,843
78,310
8,750
87,060
64,217|
||73,480
8,339
81,819
87,060|
Movements on reserves and all recognised gains and losses are shown above.
The notes on page 8-14 form part of these accounts.
Page 6
## **GRACE CHURCH HAYWARDS HEATH**
## **BALANCE SHEET**
## **AS AT 31 JULY 2022**
|Note
**FIXED ASSETS**
Tangible assets
7
**CURRENT ASSETS**
Debtors
8
Cash at bank
9
**CURRENT LIABILITIES**
Liabilities falling due within one year
10
Net Current Assets
**NET ASSETS**
**FUND BALANCES**
Unrestricted funds
12
General Funds
Restricted Funds
12|Unrestricted
Restricted Total funds Total funds
Funds
Funds
2022
2021
£
£
£
£
721
-
721
1,115|
|---|---|
||721
-
721
1,115
6,008
-
6,008
744
68,311
8,339
76,650
87,183|
||74,319
8,339
82,658
87,927|
||1,560
-
1,560
1,982|
||72,759
8,339
81,098
85,945|
|||
||73,480
8,339
81,819
87,060|
||73,480
-
73,480
78,310
-
8,339
8,339
8,750|
||73,480
8,339
81,819
87,060|
_For the year ended 31 July 2022, the company was entitled to the exemption from audit under Section 477 of the Companies Act 2006 relating to small companies._
## _Responsibilities of directors/trustees:_
- _a. The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with Section 476 of the Companies Act - however, in accordance with Section 145 of the Charities Act 2011 the accounts have been examined by an independent examiner whose report forms part of this document._
- _b. The directors/trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts._
_These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime._
Approved by the Directors and signed on their behalf by:
Luke Thomas 24 April 2023 ----------------------------------------------------------------------------Luke Thomas Date Company number: 8591570 Charity number: 1153108
The notes on page 8-14 form part of these accounts.
Page 7
## **GRACE CHURCH HAYWARDS HEATH**
## **Notes to the Accounts**
## **FOR THE YEAR ENDED 31 JULY 2022**
## **1 Statutory Information**
The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.
## **2 Accounting Policies**
These financial statements are prepared on a going concern basis, under the historical cost convention.
These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.
The principles adopted in the preparation of the financial statements are set out below.
## a) Going concern
The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
- b) Income
Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
Income from donations and legacies includes:
- i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.
- ii) Donated facilities, services and goods. Goods donated for distribution to beneficiaries are recognised as income when receivable at fair value (being an estimate of the amount it would cost to purchase those items). Facilities, services and goods donated for the charity's own use are recognised as income when receivable at their value to the charity.
The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.
- iii) Legacies. Income from legacies is recognised when a distribution is received from the estate or, if earlier, when the charity has been notified that a distribution will be made and the amount receivable can be measured reliably.
Investment income represents income generated by the charity's assets and includes income from bank interest.
Other income represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from church retreats and other events and courses.
Page 8
## **GRACE CHURCH HAYWARDS HEATH**
## **Notes to the Accounts**
## **FOR THE YEAR ENDED 31 JULY 2022**
## c) Expenditure
Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.
The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.
The cost of raising funds is not significant and has not been separately disclosed.
Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.
## d) Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
## e) Tangible fixed assets
Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of
Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Over 50 years after taking account of the building's residual value Leasehold improvements Over the lease term or, if shorter, expected useful life Equipment Over 2 to 5 years
The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.
## g) Investments
Fixed asset investments are held to generate income and / or for their investment potential. Current asset investments are
- i) Listed investments are valued at their market value (fair value) at the balance sheet date. ii) Unlisted investments are measured at cost less impairment where it becomes apparent that the amount that could be realised is less than cost.
Social investments are investments where the primary motive is to further the charity's objects, not to generate an investment
- i) concessionary loans. These are initially recognised as the amount paid and thereafter the carrying value at every balance sheet date is adjusted for repayments, interest charges and provisions for impairment if the amount owed may not be fully recoverable.
Mixed motive investments are investments that are held both to generate a financial return and to contribute to the furtherance of the charity's objects.
Impairment losses and losses arising on the disposal of social investments are included in the Statement of Financial Activities under the heading 'Expenditure on charitable activities'. Gains arising on the disposal of social investments are included in the Statement of Financial Activities under the heading 'Other income'. All other gains and losses on investment assets are included in the Statement of Financial Activities under the heading 'Net gains / (losses) on investments'.
Page 9
## **GRACE CHURCH HAYWARDS HEATH**
## **Notes to the Accounts**
## **FOR THE YEAR ENDED 31 JULY 2022**
## h) Pension scheme arrangements
The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.
i) Taxation The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.
- j) Financial instruments The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).
- k) Foreign currency translation These financial statements are presented in sterling, which is the charity's functional currency. i) Income and expenditure denominated in a foreign currency is translated into sterling at the exchange rate prevailing on the date of the transaction.
- ii) Monetary assets and liabilities denominated in a foreign currency are re-translated at the exchange rate prevailing at the balance sheet date.
- iii) Non-monetary assets are measured at historic cost at the rate of exchange prevailing on the date of the transaction and are not subsequently re-translated.
All differences arising from the application of the above policy are charged (or credited) to the Statement of Financial Activities.
- l) Exemption from preparing a cashflow statement The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.
- m) Critical accounting estimates and areas of judgement The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.
- ln preparing financial statements certain judgements, estimates and assumptions have to be made that affect the amounts i) The annual depreciation charge for property, plant and equipment is sensitive to changes in the estimates for useful economic life and residual value. These estimates are reassessed annually and, when necessary, adjusted to reflect current circumstances.
- ii) The constructive obligation for grants payable is based on an assessment of the likely duration of the supported activity. Again this estimate is re-assessed annually and the obligation is adjusted to reflect current expectations.
- **3 Voluntary income**
|**ntary income**
General donations
Tax recoverable
Sussex Gospel Partnership
Trusts|Total
Total
2022
2021
£
£
69,061
82,537
10,452
13,456
11,440
11,300
0
6,500|
|---|---|
||90,953
113,793|
Page 10
## **GRACE CHURCH HAYWARDS HEATH**
## **Notes to the Accounts**
## **FOR THE YEAR ENDED 31 JULY 2022**
|**4**
**Charitable activity**
**a**
**Direct Charitable Costs**
Staff costs
Venue and related costs
Training costs
Church events
Travel
Grants payable
Note 3c
**b**
**Support & Administration**
Accounts preparation and examination
Office and administration
Depreciation
Other costs
**Combined charitable activity cost**
**c**
**Grants**
**Grants to institutions:**
Missionary support
**Grants to individuals:**
Relief of poverty
The charity's principal grants to institutions comprised:
Fellowship of Independent Evangelical Churches
New Life Church Brighton
Overseas Missionary Fellowship
Sussex Gospel Partnership
Grants to institutions for less than £1,000 each|Total
Total
2022
2021
£
£
51,712
47,213
28,833
25,259
0
2,554
1,494
178
47
36
6,900
9,133|
|---|---|
||88,986
84,373|
||£
£
1,560
1,080
1,753
1,412
394
368
5,328
3,780|
||9,036
6,640|
||98,022
91,013|
||2022
2021
£
£
6,418
8,883
482
250|
||6,900
9,133|
||£
£
1,518
1,258
1,500
3,600
2,400
2,525
1,000
1,000
0
500|
||6,418
8,883|
The church supports missionaries in the UK and internationally. Where a particular missionary has been supported by the church for a number of years, strict compliance with the Charities' Statement of Recommended Practice (SORP) may suggest some arrangements as constituting constructive obligations such that future years' support is accounted for in these accounts as a liability. Whilst the support has no final end date in some cases, the church officers assess missionary funding on an annual basis and are confident that they have not communicated a specific commitment nor would missionaries view their support as open-ended obligations by the church.
Page 11
## **GRACE CHURCH HAYWARDS HEATH**
## **Notes to the Accounts**
## **FOR THE YEAR ENDED 31 JULY 2022**
|**5**
**Staff & Trustees**
Gross wages, salaries & benefits in kind
Employer's National Insurance costs
Pension costs
Total staff costs|2022
2021
£
£
48,624
44,541
171
0
2,917
2,672|
|---|---|
||51,712
47,213|
The charity has 2 (2021: 2) full time equivalent employed staff. Its activities are generally carried out by volunteers. No staff received salaries at a rate of more than £60,000 per annum.
Jonathan Hobbs was paid £26,993 (2021: £24,153) in his capacity as minister, and not as a trustee, as permitted by the governing document. The church also paid employer pension contibutions of £1,620 on behalf of Jonathan (2021: £1,449).
During the year employer's pension contributions totalling £2,917 (2021: £2,672) were payable to defined contribution personal pension schemes. No pension contributions were owing at the balance sheet date (2021: £nil).
Fees payable to Stewardship, other than for the annual accounts and independent examination, for payroll bureau services, totalled £551 (2021: £627).
## **6 Transactions with related parties**
During the year the charity:
- a) received donations totalling £29,174 (2021: £30,274) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).
- b) No expenses (2021: nil) were paid to, or for, the trustees whilst carrying out duties associated with being trustees; reimbursements for expenses incurred when acting as agent for the charity or incurred when undertaking employment duties not connected with serving as a trustee are not included in this disclosure.
During the year the charity also made the following payments to, or for, related parties:
- a) Bethan Hobbs, who is the wife of Jonathan Hobbs, who is a trustee, received employment benefits totalling £1,583 (2021: £3,784) in her role as the church's Part-Time Church Assistant.
- b) Jonathan Hobbs, who is a trustee received rent of £18,890 (2021: £18,595) from the charity for a property that is owned and occupied by him. Council tax of £2,862 and water rates of £669 (2021: £2,742 and £644 respectively) were also paid by the charity in respect of this house.
## **7 Tangible Fixed Assets**
|Cost
At 1 August 2021
Disposals
Additions
At 31 July 2022
Accumulated Depreciation
At 1 August 2021
Charge for the year
At 31 July 2022
Net book value
At 31 July 2022
At 1 August 2021|Audio Visual
Total
Equipment
2022
£
£
4,118
4,118
0
0
0
0|
|---|---|
||4,118
4,118|
||3,003
3,003
394
394|
||3,397
3,397|
||721
721|
||1,115
1,115|
Page 12
## **GRACE CHURCH HAYWARDS HEATH**
## **Notes to the Accounts**
## **FOR THE YEAR ENDED 31 JULY 2022**
## **8 Debtors and Prepayments**
|**Debtors and Prepayments**||
|---|---|
|Tax recoverable
Loans outstanding
**Cash at Bank and in Hand**
Bank operating accounts
**Creditors: liabilities falling due within one year**
Accruals|2022
2021
£
£
6,008
300
0
444|
||6,008
744|
||76,650
87,183|
||76,650
87,183|
||1,560
1,982|
||1,560
1,982|
## **9 Cash at Bank and in Hand**
## **10 Creditors: liabilities falling due within one year**
## **11 Acting as agent**
On occasion the charity receives money on behalf of other charities or individuals, which it banks and then pays out to these charities or individuals. This income is received as agent for these other charities or individuals and the income, and the related payments, are excluded from the Statement of Financial Activities; any money that has not been distributed by the year end is recognised as a creditor.
Page 13
## **GRACE CHURCH HAYWARDS HEATH**
## **Notes to the Accounts**
## **FOR THE YEAR ENDED 31 JULY 2022**
## **12 Funds**
The restricted funds represent amounts received for specific purposes and the movements in the year are as follows:
|Hardship fund
Samara appeal|Opening
Incoming
Outgoing
Closing
balance
resources
resources
balance
£
£
£
£
8,750
0
(482)
8,268
0
71
71|
|---|---|
||8,750
71
482
8,339|
_The Samara appeal fund represents funds received for Syrian refugees_
During the year no donations were received into the hardship fund in respect of the relief of poverty. Gifts of £482 were paid out to individuals over the year from this fund, and loan repayments of £444 were received.
The assets and liabilities represented by the various funds are as follows:
|Restricted funds
Unrestricted funds|Fixed
Bank & cash
Other net
Total
assets
balances
assets
£
£
£
£
0
8,339
0
8,339
721
68,311
4,448
73,480|
|---|---|
||721
76,650
4,448
81,819|
In the previous year the movements in the charity's funds were as follows:
||Opening|Incoming|Outgoing|Closing|
|---|---|---|---|---|
||balance|resources|resources|balance|
||£|£|£|£|
|Hardship fund|9,000|0|(250)|8,750|
_During the year no donations were received into the hardship fund in respect of the relief of poverty. Gifts of £250 were paid out to individuals over the year from this fund, and loan repayments of £667 were received._
_In the previous year, the assets and liabilities represented by the various funds are as follows:_
|_Restricted funds_
_Unrestricted funds_|_Fixed_
_Bank & cash_
_Other net_
_Total_
_assets_
_balances_
_assets_
_£_
_£_
_£_
_£_
_-_
_8,306_
_444_
_8,750_
_1,115_
_78,877_
_(1,682)_
_78,310_|
|---|---|
||_1,115_
_87,183_
_(1,238)_
_87,060_|
## **13 Members**
Each member of the company commits to contribute an amount of £1 if the charity is wound up.
Page 14
## **GRACE CHURCH HAYWARDS HEATH**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES**
## **FOR THE YEAR ENDED 31 JULY 2022**
|Note
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
3
Investments
Other income
**Total income and endowments**
**EXPENDITURE ON:**
Charitable activities:
4
**Total Expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**||General
2022
£
90,882
11
1,816
92,709
97,540
97,540
(4,830)
78,310
73,480
Unrestricted funds|Restricted
2022
£
71
-
-
71
482
482
(411)
8,750
8,339|Total
2022
£
90,953
11
1,816
92,780
98,022
98,022
(5,241)
87,060
81,819|||General
2021
£
113,793
13
50
113,856
90,763
90,763
23,093
55,217
78,310
Unrestricted funds|Restricted
2021
£
-
250
250
(250)
9,000
8,750|Total
2021
£
113,793
13
50
113,856
91,013
91,013
22,843
64,217
87,060|
|---|---|---|---|---|---|---|---|---|---|
Page 15