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2023-03-31-accounts

P8(8P
General
Information
Accountant's
Report
Income 8 Expenditure Accounts
Balance Sheet
Notes to the Accounts

2023
INCOIIE
Donations -General Fund 61,993
- Restricted Funds 25,771
Gift Aid 42,255
Bank Interest Received 33
130,052

DEDUCT EXPENDITURE
Church Expense 1?,567
Legal and Professional 219
Accountancy
Fees
590
Motor and Travel 779
Rent, Rates and Insurance 926
Utility Bills 4,942
Repairs and Maintenance 6,5S6
Wages 29,790
Pension
Contributions
579
Donations to Other Charities 21,847
Project Costs - Restricted Funds 18,066
Depreciation 1,316
Bank Charges 130
Loan Interest Paid 9,413

BALANCE SHEET AS AT 31 MARCH 2023
2023
CAPITAL ACCOUNT
GENERAL FUND
Balance Brought Forward as at 1 April 2022 95,923
Net Surplus for the Year 9,587
Released from Restricted Funds
105,510
RESTRICTED FUNDS
Balance Brought Forward as at 1 April 2022 4,650
Net Surplus for the Year 7,705
Released to General
Fund
12,355
f117,865
REPRESENTED BY:-
FIXEDASSETS (Note 1) 267,440
CURRENT ASSETS
Sundry Debtors 8,174
Bank Balance 26,895
Cash
in Hand
460
35,529
CURRENT LIABILITY
Sundry Creditors (3,159)
NET CURRENT ASSETS 32,370
299,810
LONG TERIN LIABILITIES
Bank Loan (181,945)
TOTAL NET ASSETS f11?,865

Note 1:
FIXED
ASSETS
Fixtures &
P~ro cherty ~Fittin
e
~Eui
ment
Total
Cost
At 1.4.22 263,493 916 4,282 268,691
Additions 1,364 1,364
Disposals
At 31.3.23 263,493 916 5,646 270,055
At 1.4.22 229 1,070 1,299
Charge for year 172 1,144 1,316
At 31.3.23 401 2,214 2,615
Net Book Value
At 31.3.23 263,493 515 3,432 267,440
Net Book Value
At 31.3.22 263,493 687 3,212 267,392