| CONTENTS | ||
|---|---|---|
| Pages | ||
| Reference and administrative details |
||
| Report ofthe | Trustees | |
| Independent | Examiner's Report |
|
| Statement of | Financial Activities | |
| galance Sheet | ||
| Notes to the Financial Statements | 9-12 |
| STATEMENT OF | FINANCIAL A | CTIVITIES | FORTHE YEAR ENDED | 5~APRIL 20 | 22 |
|---|---|---|---|---|---|
| Year to 05.04.2022 | Yearto | ||||
| ALL ITEMS RELATETO UNRESTRICTED | General | Designated | 05.04.2021 | ||
| FUNDS | Fund E |
Fund E |
Total E |
Totalf | |
| INCOME FROM | |||||
| Donations and Collections (Excl.Gift-Aided) |
3,250 | 2,400 | 5,650 | 3,150 | |
| Contributions from the Congregation |
37,714 | 4,800 | 42,514 | 50,270 | |
| Gift-Aid Donations | 19,260 | 19,260 | 775 | ||
| Tax Refunds on Gift-Aid | 4,815 | 4,815 | 193 | ||
| Interest Received | 644 | 644 | 1,112 | ||
| TOTAL INCOMING RESOURCES |
65,683 | 7,200 | 72,883 | 55,500 | |
| RESOURCES EXPENDED | |||||
| MEETING HALL RUNNING COSTS |
|||||
| Water and Sewerage | 289 | 289 | 637 | ||
| Light and Heat | 5,811 | 5,811 | 6,403 | ||
| Repairs and Renewals Maintenance ofGrounds |
4,395 2,506 |
4,395 2,506 |
1,067 2,438 |
||
| Equipment Hire |
229 | 229 | 0 | ||
| Telephone and Computer Costs |
876 | 876 | 882 | ||
| Insurance Health and Safety |
1,659 406 |
1,659 406 |
1,393 400 |
||
| Professional Costs |
35 | 35 | 156 | ||
| Depreciation | 14,007 | 14,007 | 13,180 | ||
| 30,213 | 30,213 | 26,556 | |||
| OTHER CHARITABLE ACTIVITIES | |||||
| Congregation Support |
0 | 8,700 | 8,700 | 15,150 | |
| Gifted to Taunton Vale Gospel Food for the I-lomeless |
Hall Trust | 11,181 633 |
11,181 633 |
15,299 683 |
|
| GOVERNANCE AND SUPPORT |
COSTS | ||||
| Accountancy and Independent |
Examiner | 895 | 895 | 990 | |
| Professional Support |
1,830 | 1,830 | 1,830 | ||
| TOTAL RESOURCES EXPENDED | 44,752 | 8,700 | 53,452 | 60,508 | |
| NET SURPLUS DEFICIT FOR THE YEAR | 20,931 | (1,500) | 19,431 | (5,008) | |
| TOTAL FUNDS BROUGHT FORWARD | 946,482 | 884 | 947,366 | 952,374 | |
| TOTAL FUNDS CARRIED FORWARD | 967,413 | (616) | 966,797 | 947,366 |
| POLDEN GOSPEL HALL TRUST | ||||
|---|---|---|---|---|
| BALANCE SHEETAS AT 5r" APRIL 2022 | ||||
| As at | As at | |||
| Notes | 05.042022 | 05.04.2021 | ||
| f | ||||
| TANGIBLE FIXEDASSETS | 1.582 | |||
| Freehold Property at Cost | ||||
| —Hall at Showground Road, Bridgwater |
691,131 | 691,205 | ||
| - Improvements | to above Hall | 19,252 | 28,878 | |
| Furniture, Fittings and Equipment |
12922 | 10369 | ||
| TOTAL FIXEDASSETS | 723,305 | 730,452 | ||
| CURRENT ASSETS | ||||
| Debtors | 5,009 | 194 | ||
| Prepa Yments | 1,542 | 989 | ||
| Bank Accounts | 235,993 | 215,867 | ||
| Cash Awaiting | Banking | 3,138 | 2,871 | |
| 245,682 | 219,921 | |||
| LESS:CURRENT LIARILmES-Due | within One Year | |||
| Creditors | 1,178 | 1,422 | ||
| Accruals | 1,012 | 1,585 | ||
| 2,190 | 3,007 | |||
| NET CURRENT | ASSETS | 243,492 | 216,914 | |
| NET ASSETS | 966,797 | 947,366 | ||
| Represented | by:- | |||
| FUNDS —UNRESTRICTED FUNDS | 10 | |||
| General Fund |
967,413 | 946,482 | ||
| Designated Fund |
(616) | 884 | ||
| ~CI i B I |
966,797 | 947,366 |
| DONATED SERVICES | |||||
|---|---|---|---|---|---|
| Yearto | Year to | ||||
| 05.04.2022 | 05.04.2021 | ||||
| f | f | ||||
| ToTaunton Vale Gospel Hall Trust |
11,181 | 15,299 | |||
| (a charity with parallel objectives) | |||||
| RESOURCES EXPENDED | Year to 05.04.2022 | ||||
| Meeting | Hall | Other | |||
| Running | Charitable | Yearto | |||
| Costs f |
Activities | Total f |
05.04.2021 | ||
| These were:- | |||||
| Direct Costs | 30,213 | 20,514 | 50,727 | 57,688 | |
| Support Costs Governance Costs |
1,330 660 |
500 235 |
1,830 895 |
1,830 990 |
|
| 32,203 | 21,249 | 53,452 | 60,508 | ||
| ANALYSIS OF NETASSETSBETWEEN | FUNDS | ||||
| General | |||||
| Unrestricted | Designated | Total | |||
| ASAT5 APRIL 2022 |
Fundf | Fundf | Fundsf | ||
| Tangible Fixed Assets |
723,305 | 0 | 723,305 | ||
| Current Assets | 245,682 | 0 | 245,682 | ||
| Current Liabilities |
(1,574) | (616) | (2,190) | ||
| Total Funds | 967,413 | (616) | 966,797 | ||
| AS AT Sm APRIL2021 | |||||
| Tangible Fixed Assets |
730,452 | 0 | 730,452 | ||
| Current Assets | 218,812 | 1,109 | 219,921 | ||
| Current Liabilities |
(2,782) | (225) | (3,007) | ||
| Total Funds | 946,482 | 884 | 947,366 |
| 10.MOVEMENTS IN FUNDS | 10.MOVEMENTS IN FUNDS | ||||
|---|---|---|---|---|---|
| Opening | Incoming | Resources | Closing | ||
| YEAR TO 5~ APRIL 2022 | Balance f |
Resources | ~Ex ended | Balance E |
|
| Unrestricted | Funds | ||||
| General Fund Designated Fund |
946,482 884 |
65,683 7,200 |
(44,752) (8,700) |
967,413 (616) |
|
| Total Funds | 947,366 | 72,883 | (53,452) | 966,797 | |
| YEAR TO 5 | APRIL 2021 | ||||
| Unrestricted | Funds | ||||
| General Fund |
952,374 | 39,466 | (45,358) | 946,482 | |
| Designated | Fund | 0 | 16,034 | (15,150) | 884 |
| Total Funds | 952,374 | 55,500 | (60,508) | 947,366 |