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2023-04-05-accounts

Trustees Mr M Gardner
Mr S Cowley
Mr RDevine
Mr D Fryer
Mr M Crawshaw
Chair Mr M Crawshaw
Charity number 1159241
Principal address Gospel Hall
Horns Corner
Watton Road
Ashill
Norfolk
England
IP25 7AQ
Independent examiner Sotos Chdistophi FCCA
Aston Shaw Limited
Chartered
Certified Accountants
The Union Building, 51-59Rose Lane
Norwich
Norfolk
England
NR1 1BY
Bankers NatWest Bank
Peterborough Branch
Cathedral
Square
Peterborough
PE1 1XH
Solicitors Leathes Prior
74 The Close
Norwich
Norfolk
NR14DR

Page
Trustees report 1-4
Independent
examiner's		 report
Statement
offinancial		 activities
Balance sheet
Notes to the financial statements 8- 15

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2023 2023 2023 2022 2022 2022
Notes E E E 6 E E
Income and endowments from'
Donations
and
legacies 79,823 79,823 154,153 172,000 326,153
Other income 3,541 3,541 5,622 5,622
Total income 83,364 83,364 159,775 172,000 331,775
~ECht
Charitable
activities		 75,426 2,867 78,293 82,959 82,959
Net income/(expenditure)
for the year/
Net movement in funds 7,938 (2,867) 5,071 76,816 '172,000 248,816
Fund balances at 6April
2022 1,463,905 172,000 1,635,905 1,387,089 1,387,089
Fund balances at 5 April
2023 1,471,843 169,133 1,640,976 1,463,905 'l72,000 1,635,905

2023 2022
Notes f
Fitted assets
Tangible assets 1,731,916 1,740,908
Current assets
Debtors 1,178 1,310
Cash at bank and in hand 99,336 120,868
100,514 122,178
Creditors: amounts falling due within
one year 10 (40,004) (38,531)
Net current assets 60,510 83,647
Total assets less current liabilities 1,792,426 1,824,555
Creditors: amounts falling due after
more than one year (151,450) (188,650)
Net assets 1,640,976 1,635,905
Income funds
Restricted funds 12 169,133 172,000
Unrestricted funds
Designated funds 13 1,875 1,350
General unrestricted funds 1,469,968 1,462,555
1,471,843 1,463,905
1,640,976 1,635,905
Tghi t t t pp death c t Qtj,.)Q(p,
goal A.F( c
Mr M Gsrdnsr Mr M Crawshaw
Trustee T'rustee

Property,
Ashill		 2% on cost
3Castle Acre Road, Swaffham 2% on cost
Plant and Machinery 25%on reducing balance
Computer
equipment		 25%on cost
New building,
Sporle Road		 2%on cost
Property,
Hale Road		 2%on cost
Cabin, Sporle Road 2%on cost
Property
Penhill, Bush Lane		 2%on cost

Unrestricted Unrestricted Restricted Total
funds funds funds
2023 2022 2022 2022
E E E
Donations 49,145 111,622 172,000 283,622
Gift aid 7,997 3,548 3,548
Payroll giving and collections 4,171 5,198 5,198
Gift aid donations 18,510 33,785 33,785
79,823 154,153 172,000 326,153
Unrestricted Unrestricted
funds funds
2023 2022
E E
3,541 5,622

2023 2022
6 6
Insurance 1,931 1 726
Light and heat 4 424 6009
Telephone 619 384
Sundries 12,180 2,676
Cleaning 282
Gospel books 385 1,472
Repairs and maintenance 9,469 26,011
Professional fees 3,468 4,046
Rates and water 3,329 2,277
Depreciation 34,663 29,624
Accountancy 1,470 1,334
Donations 6,073 7,400
78,293 82,959
78,293 82,959
Analysis by fund
Unrestricted funds 75,426 82,959
Restricted funds 2,867
78,293 82,959

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Property,
Penhill, Bu		 sh Lane, Etling Green- NK273274
Property,
Hale Road,		 Necton - NK202258
Property, 3 Castle Acre Road, Swaffham, PE377HS - NK88137
9 Cebtors
Amounts
falling due within one year:		 2023f 2022
5
Prepayments
and accrued income		 1,178 1,310
10 Creditors: amounts falling due within one year
2023 2022
8 8
Loan from Central GH Trust 33,000 33,000
Other creditors 4,200 4,200
Accrued expenses 2,804 1,331
40,004 38,531
11 Creditors: amounts falling due after more than one year
2023 2022
F 8
Loan from Central GH Trust 121,000 154,000
Other creditors 30,450 34,650
151,450 188,650

lillovement
in funds
Incoming Balance at Resources Balance at
resources
E		 5April 2022
E		 expended
E		 5April 2023f
Freehold Property 172,000 172,000 (2,867) 169,133

llllovement in funds Movement in funds
Balance at Incoming Resources Balance at Incoming Resources Balance at
5 Aprg 2021
E		 resources
f		 expended
f		 5April 2022f resources expendedf 5April 2523f
Congregation
suppoit 1,500 7,050 (7,200) 1,350 5,100 (4,575) 1,875
1,500 7,050 (7,200) 1,350 5,100 (4,575) 1,875
14 Analysis of net assets between funds
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2023 2023 2023 2022 2022 2022
f E F f E E
Fund balances at 5
April 2023 are
represented by:
Tangible assets 1,562,783 169,133 1,731,916 1,568,908 172,000 1,740,908
Current assets/(liabilities) 60,510 60,510 83,647 83,647
Long term liabilities (151,450) (151,450) (188,650) (188,650)
1,471,843 169,133 1,640,976 1,463,905 172,000 1,635,905