2023-03-31-accounts - New Horizon Aog Church

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		Year	Ended 31March 2023			Year	Ended 31March 2022
		Unrestricted	Restricted	Total	Unrestricted		Restricted	Total
		Funds	Funds	Funds	Funds		Funds	Funds
		2023	2023	2023	2022		2022	2022
	Notes
INCOME
Income from
Donations and Legacies		212,924		212,924	217,914			217,914
Income from
Charitable Activities		19,801		19,801	10,048			10,048
Investment Income		816		816		327		327
Other		33,508	168	33,676	31,626		134	31,760
TOTAL INCOME		267,049	168	267,217	259,915		134	260,049
EXPENDITURE
Expenditure on
Charitable Activities		268,521	1,000	269,521	249,	125	449	249,574
TOTAL
EXPENDITURE		268,521	1,000	269,521	249,	125	449	249,574
NET INCOME /
(EXPENDITURE)		(1,472)	(832)	(2,304)	10,790		(315)	10,475
TOTAL FUNDS
BROUGHT FORWARD	12	586,458	186	586,644	575,668		501	576,169
TRANSFERS
BETWEEN FUNDS		(646)	646
TOTAL FUNDS
CARRIED FORWARD	12	584,340		584,340	586,458		186	586,644

	B	ALANCE	SHEET AS	AT 31 MARCH 202	3
			Notes	31.03.23		31.03.22
FIXEDASSETS					412,162		441,675
CURRENT ASSETS
Debtors				21,426		23,249
Kingdom Bank Savings Account				35,010		23,397
Cash at bank and in hand				136,038		120,272
				192,474		166,918
Creditors: Amounts fallin	due in one	ear
Sundry Creditors			10	20,296		21,949
				20,296		21,949
NET CURRENT ASSETS					172,178		144,969
TOTAL NET ASSETS					584,340		586,644
TOTAL FUNDS OF THE	CHARITY:-
Restricted Funds			13			186
Unrestricted Funds				584,340		586,458
Total Charity Funds			12		584,340		586,644

					Year Ended	Year Ended
					31.3.23	31.03.22
2. Anal sis ofIncome			Unrestricted	Restricted	Total	Total
Income from Donations and	Legacies
Offerings and Gift Aid	income		202,568		202,568	199,964
Building Fund Monies			5,160		5,160	5,160
Missionary Gifts			5,196		5,196	12,790
			212,924		212,924	217,914
Income from Charitable Activities
Coffee House			16,069		16,069	6,246
Youth Camps and Youth Club			1,657		1,657	3,027
Shine Ladies Conference
Tots			2,075		2,075	775
			19,801		19,801	10,048
					Total	Total
3.Anal sis ofResources Ex ended			Unrestricted	Restricted	2023	2022
Charitable Activities
Allocation ofSpecial Church Offerings						7,186
AOG Contribution			3,000		3,000	3,000
Salaries			94,826		94,826	88,363
Rent and Landlords Costs			43,000		43,000	43,000
Utilities and General Maintenance			14,290		14,290	7,858
Coffee House Costs			13,398		13,398	6,982
Heat and Light			17,628		17,628	13,849
Repairs and Equipment Maintenance			12,284		12,284	7,892
Telephone and Broadband			1,735		1,735	1,681
Office Use, Printing,
Postage and Stationery			3,080		3,080	4,206
IT and Website Costs			284		284	1,143
Licences and Insurance			6,722		6,722	6,170
Mission, Gifts and Sponsorship		(see note 7)	9,473		9,473	9,667
Youth Work and Kids Church			3,424		3,424	3,311
Miscellaneous Costs			2,486	1,000	3,486	2,818
Training Costs			1,322		1,322	418
Events			3,763		3,763	2,394
Resource Table Costs
Advertising and Marketing			1,958		1,958	1,358
Depreciation - Improvement		to Property	23,741		23,741	23,741
- Plant and Equipment			5,772		5,772	5,905
Room Hire Costs			797		797	1,627
Support Costs
Loan Interest
Team Building and Pastoral			1,094		1,094	1,263
Bank Charges/ World Pay	Costs		1,540		1,540	1,038
Consultancy Fees						2,226
Payroll Costs			876		876	774
Independent Accountants	Fees		1,794		1,794	1,704
			268,521	1,000	269,521	249,574

Inc	luded in ministry and	general	expens	es	are staff	c		osts as fo	llows:-
										Year Ended	Year Ended
										31.3.23	31.3.22
	Salaries (includes ERS			NIC off7,272)						89,138	82,745
	Pension Contributions									3,868	4,142
	StaffExpenses		(including		travel and			working	from home costs)	1,820	1,476
										94,826	88,363
The average number ofemployees during the year						was 5 (2022:8).
5.	Trustee Ex enses
Expenses were paid to the		following trustees:-
										2023	2022
	A Dilnot-		Travel	and working			from home costs			765	323
	SBell-		Travel	costs							80
	LGoodwin-		Travel	costs						92
Aggregate Trustee giving		totalled f15,593			(2022: K 19,431)
6.	Fees for examination	ofthe	accounts							2023	2022
	Independent Examiner's		fees for reporting			on		the accounts		1,794	1,704
										1,794	1,704
7.	Mission Gifts and S	onsorshi								2023	2022
	Ukraine Donation									250	6,000
	Light ofthe Gospel Ministries,			Serbia						1,040	600
	World Ministries	—Edward and		Rachel Issitt
	Orphans in Africa									600	600
	Hope for Justice										400
	Ministry Gifts									1,796	2,067
	Nursing									670
	Youth									2,332
	Cyprus Mission Turkey 4 Syria									1,523 1,262
										9,473	9,667

8.	Fixed Assets			Plant	and	Leasehold	Leasehold	Total
				~Eui	ment	~tm	rerements
	Cost as at 1 March		2022		88,572		474,812	563,384
	Additions in	the Year
					88,572		474,812	563,384
	Depreciation	as at	1 March 2022		22,032		99,677	121,709
	Depreciation	charge for the year			5,772		23,741	29,513
					27,804		123,418	151,222
	Net Book Value at		31 March 2023		60,768		351,394	412,162
	Net Book Value at		31 March 2022		66,540		375,135	441,675
9.	Debtors and Pre	a ments					2023	2022
	Rent in Advance						9,516	9,516
	Gift Aid						4,939	6,612
	Other Debtors						6,971	7,121
							21,426	23,249
10.	Creditors and Accruals						2023	2022
	Accruals						3,789	3,298
	Other Creditors						16,507	18,651
							20,296	21,949


12.	Anal sis ofNet Assets between	Funds	Unrestricted	Restricted	Total
	Tangible Fixed Assets		412,162		412,162
	Current Assets		192,474		192,474
	Liabilities		(20,296)		(20,296)
Net	Assets at 31March 2023		584,340		584,340