Charity Registration No: 1157887
Bridgefoot Gospel Hall Trust
Report of the trustees and unaudited financial statements for the year ended 5th April 2023
Bridgefoot Gospel Hall Trust Contents
Pages
| 1. | Reference and administrative details |
|---|---|
| 2.-5. | Report of the trustees |
| 6 | Independent examiner's report |
| 7 | Statement of financial activities |
| 8 | Balance sheet |
| 9.-13. | Notes to the financial statements |
Bridgefoot Gospel Hall Trust Reference and administrative details for the year ended 5th April 2023
| Charity name: | Bridgefoot Gospel Hall Trust |
|---|---|
| Registered charity number: | 1157887 |
| Trustees: | Mr Christopher R Brock |
| Mr Marcus Brock | |
| Mr Peter Gilder | |
| Mr Alan Rowles | |
| Mr Richard C Smith (Chair) | |
| Treasurer: | Mr Richard C Smith |
| Principal address: | The Lodge |
| Howlett End | |
| Wimbish | |
| Saffron Walden | |
| CB10 2XW | |
| Independent examiner: | 4cast |
| Heritage House | |
| Woodside Lane | |
| Bell Bar | |
| Herts. | |
| AL9 6DE | |
| Bankers: | Barclays Bank Plc |
| 12a Market Place | |
| Saffron Walden | |
| Essex, CB10 1HR |
Page 1
Bridgefoot Gospel Hall Trust Report of the trustees for the year ended 5th April 2023
The trustees present their report along with the financial statements of the Charity for the year ended 5th April 2023. The financial statements have been prepared in accordance with the accounting policies set out on page 9 and comply with the Trust Deed and applicable law.
Structure, governance and management
Governing document
Bridgefoot Gospel Hall Trust is an unincorporated trust constituted by Deed of Trust dated 27th January 1983, most recently amended by Deed of Variation dated 14th February 2014. The Trust was registered with the Charity Commission for England and Wales on 16th July 2014 under Charity Registration Number: 1157887.
Recruitment and appointment of new trustees
The names of the Trustees who have served during the year and since the year end are set out on page 1. None of the Trustees, nor any person connected with them, received any remuneration or expenses from the Charity in the year ended 5 April 2023 (2022: £nil).
The Trust operates Gospel halls and Trustees are chosen from among the regular congregation of the halls. New Trustees are nominated by the existing Trustees or by the congregation and must be appointed by unanimous resolution of the congregation. They are selected according to their skills and experience and are expected to use both in furthering the objects of the Charity. Checks are made to ensure the Trustees’ eligibility to act and incoming Trustees are made aware of their responsibilities by the existing Trustees, who ensure that new Trustees read the Trust Deed and relevant Charity Commission guidance.
Wider network
The Trustees maintain informal links with similar charities with a view to pooling experience considered useful in pursuing the objects of the Charity.
The charity also maintains particular links with the Walden Road Gospel Hall Trust with which it shares members of its congregation.
Risk management
The Trustees have identified and reviewed the major risks to which the charity is exposed and confirm that they have established systems or procedures to manage and mitigate those risks.
Objectives and activities
Objectives and aims
The charitable purposes of the Charity are the advancement of the Christian religion for the public benefit, including by the carrying on of the service of God in accordance with the Old and New Testaments of the Holy Bible as followed by those Christians forming part of the world-wide fellowship known as the Plymouth Brethren Christian Church (the “Brethren”) and any other charitable purposes connected with Brethren. The core doctrine of the Brethren and proper practices in furtherance of certain aspects of doctrine are summarised in two schedules to the Trust Deed.
Public benefit
The Trustees confirm that they have complied with their duty under section 4 of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance to charities on public benefit.
Page 2
Bridgefoot Gospel Hall Trust
Report of the trustees for the year ended 5th April 2023
Main activities and achievements
The Trust provides and maintains three Gospel halls where religious meetings are held by the local Brethren community. Details of the origins, teachings and way of life of the Brethren can be found on the website - www.plymouthbrethrenchristianchurch.org and in the schedules to the Trust Deed.
The trustees have also established an Emergency Needs fund for the duration of the current pandemic and any resultant economic downturn. This is providing limited financial assistance by the way of grocery vouchers to households, who have experienced a recent and significant decrease in income due to the pandemic, such that it is likely to impact on the health and/or welfare of members of the household. The trust has appointed a Local Welfare Panel to manage the application process and to administer the vouchers to qualifying applicants.
Plans for future periods
Despite the increased cost of energy, the trustees feel that these increased costs are not significantly impacting on the ability of the charity to continue as a going concern.
Meetings
Meetings held at the gospel halls include the Lord's Supper (Communion), Gospel preachings, Bible readings and Bible addresses. There is a structured weekly schedule of meetings and, depending on the particular meeting, between 50 and 500 people normally attend these occasions.
The meetings are attended by the regular congregation and most are open to other properly disposed visitors. The notice board outside the Hall welcomes visitors and displays the times of Gospel preachings, along with a telephone number for those seeking further information or help. Gospel tracts, which are distributed by street preachers, also display this information.
Bibles and an extensive range of other Christian reading material are on display at the halls and visitors are free to help themselves.
Spreading the Gospel message and the life of a Christian
The Gospel halls are a base from which the regular congregation and others who attend the meetings are encouraged to spread the Christian Gospel, in word and deed.
Members of the congregation participate in a programme of street preaching and Gospel tracts are provided free of charge by the Charity to such preachers to be handed out to interested members of the public.
Following the release of lock-down restrictions, the street preachings have resumed in the local area. During the period approximately 290 preachings were carried out and at least 750 gospel tracts and 3 bibles were distributed free of charge.
Members of the congregation have also carried out several outreach projects including the following:
-
£150 donation to the Essex Air Ambulance.
-
£250 donation to the Debden Primary Academy for new play equipmentWalden.
-
£200 donation to Saffron Walden homeless shelter for blankets and clothing.
-
£300 donation to Uttlesford food bank ground.
-
£100 donation to Arthur Rank Hospice and clothing.
-
£150 donation to Addenbrookes Charitable Trust .
In addition to the activities explained in the above section the trust actively supports the Rapid Relief Team (RRT), a separate trust, in their support of local charities and people in need. Some examples of recent events include:
- 25 Foodboxes donated to New Cangle Primary school in Haverhill – June 2022.
Page 3
Bridgefoot Gospel Hall Trust Report of the trustees for the year ended 5th April 2023
Spreading the Gospel message and the life of a Christian contd.
-
300 Smarrt Bars donated to New Cangle Primary school in Haverhill – June 2022.
-
600 Smarrt bars donated to New Cangle Primary school in Haverhill – October 2022.
-
32 RRT foodboxes donated to New Cangle Primary school in Haverhill – November 2022.
-
13 RRT foodboxes donated to New Cangle Primary school in Haverhill – December 2022.
-
3 Foodboxes donated to Henham Primary School – December 2022.
Further information and examples on the work of RRT can be found at https://www.rrtglobal.org/ .
In carrying out this work, the congregation considers itself to be living out its faith in practice, as particularly exemplified in the following extract from the schedule to the Trust Deed on living a Christian life:
-
We seek and are encouraged to live exemplary lives in all our relationships with others in the wider community (including former Brethren), in accordance with the teachings of Holy Scripture (1 Tim 2:2)
-
We regularly go out from our homes to preach on the streets, to distribute Christian literature and engage with the wider community (including former Brethren) in order to present eternal salvation, available to all men by faith in Jesus Christ. (2 Tim 4:2).
-
We seek as members of the public to lead Christian lives as husbands and wives, parents, children, employers, employees and neighbours. (Col 3:22-25, Col 4:1).
-
The preservation and protection of the family unit is fundamental and children are prized as a blessing from God. (Psalm 127:3-5). The elderly are valued members of the community, for whom both their family and the wider community are expected to care.
-
Holy Scripture commands us to be good neighbours to others, and deal with all other people (including former Brethren) openly, honestly and fairly and consistent with these principles, we should give our time, talents and money to assist those in need in the wider community, in so far as reasonable given our abilities and our available resources. (Matt 7:12, Matt 22:39, Eph 4:28).
Funding
Funding is sought through gifts from the congregation and Gift Aid is claimed on eligible donations. Funding is sometimes received from other charitable trusts with complementary objectives.
Financial review
Financial position
In the year ended 5 April 2023 the Trust had a deficit of incoming resources over resources expended. This was mainly due to a high depreciation charge i.e. non cash item. Total voluntary income received this year was £67,768 compared to £51,647 in the previous year.
All funds held were unrestricted funds.
Reserves policy
The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs, based on its size and the level of its financial commitments. The Trust has no employees and its regular outgoings are minimal. Accordingly, the Trustees generally have decided to adopt a policy of maintaining no significant reserves. However due to the likelihood of needing funds for a further new hall the trust is accumulating reserves to this end. The congregation is kept regularly informed as to particular needs for funds, and other relevant matters and the Trustees aim to ensure that the Charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure, by raising a funds appeal to the congregation.
Page 4
Bridgefoot Gospel Hall Trust Report of the trustees for the year ended 5th April 2023
Reserves policy contd.
Free reserves at the year end were £ 306,765. The trustees designate six month's expenditure as being what is needed as a current reserve. The remainder being earmarked for future capital projects.
Statement of trustees' responsibilities
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
a) select suitable accounting policies and then apply them consistently;
-
b) observe the methods and principles in the Charities SORP (FRS 102);
-
c) make judgements and estimates that are reasonable and prudent;
-
d) state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
e) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. All transactions have been reviewed and approved by two trustees.
On behalf of the board:
Mr Richard C Smith
Date
Page 5
Bridgefoot Gospel Hall Trust
INDEPENDENT EXAMINER'S REPORT ON THE FINANCIAL STATEMENTS
Report to the trustees of Bridgefoot Gospel Hall Trust on the financial statements for the year ended 5th April 2023 set out on pages 7 to 13.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Basis of independent examiner's statement
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking of explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
The accounts do not accord with those records; or
-
The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Signed: Date:
Name: Julian Remmington
4cast, Heritage House, Woodside Lane, Bell Bar, Herts., AL9 6DE
Page 6
Bridgefoot Gospel Hall Trust Statement of financial activities (including income and expenditure account) for the year ended 5th April 2023
| NOTES Incoming and endowments from: Donations and legacies: Contributions from the congregation Gift Aid donations Other donations Income tax refundable Donated services 4. Payroll giving Legacies received Investment income and interest Bank interest Other income Transfers from affiliated trusts Total Expenditure on: Charitable activities Running of meeting halls 5. Wider community outreach Congregation support Cost of donated services 4. Transfers to affiliated trusts Other costs Governance Computer costs Postage, print and stationery Legal & professional costs Independent Examiner's fee Repairs and maintenance Bank charges Depreciation- Office equipment Profit/Loss on sale of assets Total Net income/(expenditure) Gains/(losses) on revaluation of fixed assets Net movement in funds Reconciliation of funds Funds at 6th April 2022 Total funds at 5th April 2023 7. |
Unrestricted Funds £ 32,151 16,030 4,400 4,008 - - - - - 56,589 52,494 1,245 - 5,120 - - 648 - 3,616 1,290 - - - - 64,413 7,824 - - 7,824 - 1,513,290 1,505,466 |
Unrestricted Designated Funds £ 11,179 - - - - - - - - 11,179 - - 11,407 - - - - - - - - - - - 11,407 228 - - 228 - 228 - |
Restricted Funds £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total Funds 2023 £ 43,330 16,030 4,400 4,008 - - - - - 67,768 52,494 1,245 11,407 5,120 - - 648 - 3,616 1,290 - - - - 75,820 8,052 - - 8,052 - 1,513,518 1,505,466 |
Total Funds 2022 £ 46,495 3,644 597 911 - - - - - |
|---|---|---|---|---|---|
| 51,647 | |||||
| 50,643 2,172 8,438 5,379 - - 1,177 - 5,057 1,428 - - 1 - |
|||||
| 74,295 | |||||
| 22,648 - - 22,648 - 1,536,166 |
|||||
| 1,513,518 |
The notes on pages 9 to 13 form part of these financial statements. All of the above activities are classed as continuing and there are no gains and losses other than those included above.
Page 7
Bridgefoot Gospel Hall Trust Balance sheet As at 5th April 2023
| NOTES Fixed assets Tangible fixed assets 6. Current assets Debtors: Prepayments & accrued income Rosebay Construction loan Cash at bank and in hand Current liabilities Creditors: amounts falling due within one year: Other creditors Accruals and deferred income Net current assets Total assets less current liabilities Loans Net assets Funds Unrestricted income fund Restricted funds Total Funds 8. Creditors: amounts falling due after more than one year: |
£ £ 1,198,701 1,198,701 5,032 - 304,171 309,203 - 2,438 2,438 306,765 1,505,466 - 1,505,466 1,505,466 - 1,505,466 2023 |
£ £ 1,216,794 1,216,794 1,903 - 296,956 298,859 - 2,135 2,135 296,724 1,513,518 - £ 1,513,518 1,513,518 - £ 1,513,518 2022 |
£ £ 1,216,794 1,216,794 1,903 - 296,956 298,859 - 2,135 2,135 296,724 1,513,518 - £ 1,513,518 1,513,518 - £ 1,513,518 2022 |
|---|---|---|---|
| 1,216,794 296,724 |
|||
| 1,513,518 - |
|||
| 1,513,518 | |||
| 1,513,518 - |
|||
| 1,513,518 |
The unaudited financial statements were approved and authorised for issue by the Trustee of Bridgefoot Gospel Hall Trust on / / and signed on their behalf by
Mr Richard C Smith Trustee
The notes on pages 9 to 13 form part of these financial statements
Page 8
Bridgefoot Gospel Hall Trust Notes to the accounts for the year ended 5th April 2023
1. Accounting policies
1.1 Basis of preparation of the financial statements
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Second edition of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and UK Generally Accepted Practice.
The functional currency of the charity is sterling (£).
The Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
1.2 Income
Donations are recognised in the year in which there is entitlement and probability of receipt and the amount can be measured with reasonable certainty. 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 year. Gift aid is added to the value of the donation to which it relates.
Donated services are recognised as income and expenditure in the financial statements when organisations or individuals offer their services and support pro bono. The value of these donated services to Bridgefoot Gospel Hall Trust is considered to be equal to market value which would be paid were the service formally procured. This includes services paid for by other trusts.
Investment income is accounted for on a receivable basis.
- 1.3 Expenditure
Expenditure is included on an accruals basis. Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Charitable activities comprise those costs directly attributable to the fulfilment of the charitable objects.
- 1.4 Governance and support costs
Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and costs related to statutory requirements. Governance and support costs are allocated to charitable activities on the basis of capacity used.
- 1.5 Tangible fixed assets and depreciation
Tangible fixed assets (costing more than £150) are stated at cost less depreciation. Freehold land is not depreciated. Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life as follows:
Building refurbishments 15%- Reducing balance method Equipment 20%- Straight line method
- 1.6 Taxation
The Trust is a registered charity and is not liable to United Kingdom income or corporation tax on charitable activities, provided income falls within the charitable exemptions and is spent on charitable purposes.
1.7 Funds
The general unrestricted fund is free for the Trustees to use for any purposes in furtherance of the trust’s charitable objects.
Restricted funds arise from donations to the trust which are made for a specific purpose. Restricted funds can only be used for the purpose for which funds were given.
- 1.8 Preparation of consolidated financial statements
The Charity does not have a trading subsidiary and there is no requirement to prepare consolidated accounts.
1.9 Going concern
The Trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.
1.10 Significant estimates and judgements
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
Page 9
Bridgefoot Gospel Hall Trust Notes to the accounts for the year ended 5th April 2023
2 Trustees' remuneration and expenses
No Trustees received any remuneration or other benefits from an employment with the charity and no Trustees were reimbursed for expenses (2022: none).
3 Wages and salaries
There are no employees (2022: none).
4 Donated services
Income 2023 2022 £ £ - - - - Expenditure 2023 2022 £ £ Walden Road Gospel Hall Trust 5,120 5,379 5,120 5,379
| Resources expended Repairs and maintenance of halls Maintenance- Recording equipment Light and heat Rental of land Water rates Telephone & broadband at hall(s) Conference costs Insurance- Public liability Legal & professional- specific to halls Cleaning Sundry Depreciation- Freehold property Depreciation- Equipment Summary of expenses per hall: Repairs and maintenance of buildings Maintenance- Recording equipment Light and heat Rental of land Water rates Telephone & broadband Insurance Legal and professional Cleaning Sundry |
see below see below see below see below see below see below see below see below see below see below Rowney View £ 3,972 - 5,126 1,000 85 1,872 793 1,755 563 1,300 16,466 |
Meeting rooms £ 6,973 774 8,153 1,000 508 1,872 - 1,501 11,539 576 1,505 18,093 - 52,494 Copthall £ 2,012 - 2,169 - 137 - 354 - 13 - 4,685 |
Other charitable activities £ - - - - - - - - - - - - - - London Road £ 989 - 858 - 286 - 354 - - 205 2,692 |
2023 £ 6,973 774 8,153 1,000 508 1,872 - 1,501 11,539 576 1,505 18,093 - 52,494 Sampford £ - 774 - - - - - 9,784 - - 10,558 |
2022 £ 13,670 - 2,241 1,000 343 989 - 1,165 8,139 - - 21,286 1,810 |
|---|---|---|---|---|---|
| 50,643 | |||||
| Total £ 6,973 774 8,153 1,000 508 1,872 1,501 11,539 576 1,505 |
|||||
| 34,401 |
5 Resources expended
Page 10
Bridgefoot Gospel Hall Trust Notes to the accounts for the year ended 5th April 2023
6 Tangible fixed assets
| Tangible fixed assets | ||
|---|---|---|
| Freehold Property* and Refurbishment £ Cost At 6th April 2022 1,427,719 Disposals - Additions - At 5th April 2023 1,427,719 Depreciation At 6th April 2022 210,925 Disposals - Charge for the year 18,093 At 5th April 2023 229,018 Net Book Value At 5th April 2023 1,198,701 At 6th April 2022 1,216,794 |
Plant & Equipment £ 44,031 - - 44,031 44,031 - - 44,031 - - |
Total £ 1,471,750 - - |
| 1,471,750 | ||
| 254,956 - 18,093 |
||
| 273,049 | ||
| 1,198,701 | ||
| 1,216,794 |
- Land Registry numbers in respect to properties owned by the trust are EX855686/EX871057/EX934109/EX836399
| 7 Analysis of net assets between funds 7.1 Current year Tangible fixed assets Currents assets Current liabilities Total funds 7.2 Prior year Tangible fixed assets Currents assets Current liabilities |
Unrestricted Unrestricted Designated funds funds £ £ 1,198,701 - 309,203 - 2,438 - 1,505,466 - Unrestricted Unrestricted funds funds £ £ 1,216,794 - 298,631 228 2,135 - 1,513,290 228 |
Restricted funds £ - - - - Restricted funds £ - - - - |
Total funds £ 1,198,701 309,203 2,438 |
|---|---|---|---|
| 1,505,466 | |||
| Total funds £ 1,216,794 298,859 2,135 |
|||
| 1,513,518 |
Total funds
8 Movement in funds
- 8.1 Current year
| Restricted funds Fund Designated funds Unrestricted funds Total funds |
Balance at 6 April 2022 £ - - 228 1,513,290 1,513,518 |
Incoming resources £ - - 11,179 56,589 67,768 |
Resources expended £ - - 11,407 64,413 75,820 |
Realised/ unrealised gain and losses £ - - - - - |
Balance at 5 April 2023 £ - |
|---|---|---|---|---|---|
| - - 1,505,466 |
|||||
| 1,505,466 |
Page 11
Bridgefoot Gospel Hall Trust Notes to the accounts for the year ended 5th April 2023
8 Movement in funds contd.
| 8.2 Prior year Restricted funds Fund Designated funds Unrestricted funds Total funds |
Balance at 6 April 2021 £ - - 3,171 1,532,995 1,536,166 |
Incoming resources £ - - 5,495 46,152 51,647 |
Resources expended £ - - 8,438 65,857 74,295 |
Realised/ unrealised gain and losses £ - - - - - |
Balance at 5 April 2022 £ - |
|---|---|---|---|---|---|
| - 228 1,513,290 |
|||||
| 1,513,518 |
9 Transactions with related parties
Total donations received from connected persons was £6,020.00 (2022 £1,008.21). Preconstruction work was placed with Rosebay Construction Limited of which Alan Rowles, trustee is a director for £5,849.00 (2022 £nil).
10 Volunteers
Bridgefoot Gospel Hall Trust relies entirely on volunteers to carry out the management, administration and general maintenance work. The Trust has no paid staff or paid Trustees.
Page 12
Bridgefoot Gospel Hall Trust Notes to the accounts for the year ended 5th April 2023
12 Full comparison of Statement of Financial Activities
| Incoming and endowments from: Donations and legacies: Contributions from the congregation Gift Aid donations Other donations Income tax refundable Donated services Payroll giving Legacies received Investment income and interest Bank interest Other income Transfers from affiliated trusts Total Expenditure on: Charitable activities Running of meeting halls Wider community outreach Congregation support Cost of donated services Transfers to affiliated trusts Other costs Governance Computer costs Postage, print and stationery Legal & professional costs Independent Examiner's fee Repairs and maintenance Bank charges Depreciation- Office equipment Profit/Loss on sale of assets Total Net income/(expenditure) Gains/(losses) on revaluation of fixed assets Net movement in funds Reconciliation of funds Funds at 6th April 2021 Total funds at 5th April 2022 |
Unrestricted Funds £ 41,000 3,644 597 911 - - - - - 46,152 50,643 2,172 - 5,379 - - 1,177 - 5,057 1,428 - - 1 - 65,857 19,705 - - 19,705 - 1,532,995 1,513,290 |
Unrestricted Designated Funds £ 5,495 - - - - - - - - 5,495 - - 8,438 - - - - - - - - - - - 8,438 2,943 - - 2,943 - 3,171 228 |
Restricted Funds £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total Funds 2022 £ 46,495 3,644 597 911 - - - - - |
|---|---|---|---|---|
| 51,647 | ||||
| 50,643 2,172 8,438 5,379 - - - 1,177 - 5,057 1,428 - - 1 - |
||||
| 74,295 | ||||
| 22,648 - - 22,648 - 1,536,166 |
||||
| 1,513,518 |
Page 13