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2023-04-05-accounts

CONTENTS
Pages
Reference and administrative
details
Report ofthe Trustees 2-5
independent Examiner's
Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements 9-13

STATEMENT OF FINANCIAL ACllVITIES FOR THE YEAR ENDED 5
APRIL 2
FOR THE YEAR ENDED 5
APRIL 2
023
Year to05.04.2023 Yearto
ALL ITEMS RELATE TO UNRESTRICTED General Designated 05.04.2022
FUNDS Fund
E
Fund
E
Total
E
Totalf
INCOME FROM
Gift-Aid Donations
Tax Repayable
on Gift-Aid
Other Donations
Contributions
from the Congregation
Gift from Stenbury
Education Trust
Burial Fees
Sundry Income
Interest Received
16,795
4,199
43,880
64,360
0
7,000
0
1,185
3,600 16,795
4,199
43,880
67,960
0
7,000
0
1,185
9,360
2,340
72,055
66,400
59,261
5,000
10
13
TOTAL INCOMING
RESOURCES
137,419 3,600 141,019 214,439
EXPENDITURE ON
MEETING HALL RUNNING
COSTS
Water and Sewerage 185 185 215
Light and Heat
Repairs and Cleaning
Upkeep ofGrounds
Security and Fire Control
Insurance
Professional
Costs
Buria
I Ground Costs
Bank Charges
Telephone,
Internet
and Zoom Costs etc
Depreciation
37,699
35,033
6,990
6,502
2,749
618
2,476
432
1,011
113,222
37,699
35,033
6,990
6,502
2,749
618
2,476
432
1,011
113,222
9,206
917
7,369
2,741
2,282
522
2,728
433
848
110,775
OTHER CHARITABLE ACTIVITIES 206,917 206,917 138,036
Congregation
Support
Congregation
—Covid test kits
Donated Services
Note 6
Conference
Hosting Costs
Other Donations and Costs
GOVERNANCE
COSTS
0
10,338
18,031
2,309
808
3,600 3,600
10,338
18,031
2,309
808
17,850
0
16,588
0
118
Professional
Support Costs
Accountancy
and Independent
Examiner
3,405
2,400
3,405
2,400
2,370
2,354
TOTAL RESOURCES EXPENDED
Note 7
244,208 3,600 247,808 177,316
NET SURPLUS
DEFICIT FOR YEAR
(106,789) 0 (106,789) 37,123
TOTAL FUNDS BROUGHT FORWARD 2,236,339 0 2,236,339 2,199,216
TOTAL FUNDS CARRIED FORWARD 2,129550 0 2,129,550 2,236,339
YEOVIL GOSPEL HALL TRUST
BALANCE SHEETAS AT Sra APRIL 2023
As at As at
Note 05.04.2023 05.04.2022
FIXEDASSETS
Fold
PF
rt
6 E
At Tintinhull
Road, Yeovil
At 133West Coker Road, Yeovil
At Mason Lane, Montacute
~PW
bi
B Idi
Furniture
Fittin sand E ui ment
1,243,768
321,183
283,668
8,100
17,972
1,340,140
330,692
273,668
9,450
10,632
TOTAL FIXED ASSETS 1,874,691 1,964,582
CURRENT ASSETS
Debtors
Prepayments
Bank Accounts
6,951
4,640
277,111
11,995
2,983
262,835
288,702 277,813
LESS:C
RRENT LIABILITIES
Amounts
Fallin
Due Wit
n One Year
Creditors
Accruals
30,302
3,541
3,289
2,767
33,843 6,056
NET CURRENT AS ETS 254,859 271,757
NET ASSETS 2,129,550 2,236,339
Represented
by;-
FUNDS —UNRESTRICTED FUNDS
General
Fund
Designated
Fund
2,129,550
0
2,236,339
0
CCIC 8
I
2,129,550 2,236,339

These Comprise:-
eehold Pro ert
Tintinhull
Road
133West
Coker Road,
Mason
Lane
Portacabln Fittings,
Furniture
&
COST Yeovil
f
Yeovil
f
Montacute ~Buildln
f
~Eui ment
f
Total
f
At' 06.04.2022
Additions
in Year
2,625,931
0
387,746
0
273,668
10,000
13,500
0
125,711
13,331
3,426,556
23,331
At 05.04.2023 2,625,931 387,746 283,668 13,500 139,042 3,449,887
DEPRECIATION
At 06.04.2022
Charge for Year
1,285,791
96,372
57,054
9,509
0
0
4,050
1,350
115,079
5,991
1,461,974
113,222
At 05.04.2023 1,382,163 66,563 0 5,400 121,070 1,575,196
ET BOEEK V
LIIE
At 05.04.2023 1,243,768 321,183 283,668 8,100 17,972 1,874,691
At 05.04.2022 1,340,140 330,692 273,668 9,450 10,632 1,964,582

Meeting Burial
COST
At 06.04.2022
and At 05.04.2023 Hallf Ground
f
Total
f
- Land
-Construction
Work 208,000
2,251,785
52,000
114,146
260,000
2,365,931
2,459,785 166,146 2,625,931
~OEPRE
IATION
At 06.04,2022
Charge for Year
1,254,520
90,071
31,271
6,301
1,285,791
96,372
At 05.04.2023 1,344,591 37,572 1,382,163
~NET BOOKVAL E
At 05.04.2023 1,115,194 128,574 1,243,768
At 05.04.2022 1,205,265 134,875 1,340,140

Yearto Yearto
05.04.2023 05.04.2022
To Ivel Gospel Hall Trust
-For Meeting Hall Running Expenses 18,031 16,588
RESOURCES EXPENDED
These were:—
Year to05.04.2023 Year to05.04.2023
Meeting
Hall
Other Year
Running Charitable to
Direct Costs
Support Costs
Governance
Costs
Costs
f
206,917
2,910
2,050
Activities
f
35,086
495
350
Total
f
242,003
3,405
2,400
05.04.2022
f
172,592
2,370
2,354
211,877 35,931 247,808 177,316

INDEP ENDENT
EXAIVIINER'5 FEES
Yearto Yearto
These were:— 05.04.2023
f
05.04.2022
f
2,400 2,354

General
Unrestricted Designated Total
AS AT5™
APRIL 2023
Fund
f
Fund
E
Funds
Tangible
Fixed Assets
Current Assets
Current
Liabilities
1,874,691
288,702
(33,843)
0
0
0
1,874,691
288,702
(33,843)
Total Funds 2,129,550 0 2,129,550
AS AT 5
APRIL 2022
Tangible
Fixed Assets
Current Assets
Current
Liabilities
1,964582
277,813
(6,056)
0
0
0
1,964,582
277,813
(6,056)
TotalFunds 2,236,339 0 2,236,339

.MOVEMENTS
IN FUNDS
YEAR TO5™
APRIL 2023
Opening
Balance
f
Incoming
Resources
Resources
~Ex ended
Closing
Balance
E
Unrestricted
Funds
General
Fund
Designated
Fund
2,236,339
0
137,419
3,600
(244,208)
(3,600)
2,129,550
0
Total Funds 2,236,339 141,019 (247,808) 2,129550
YEAR TO5~APRIL 2022
Unrestricted
Funds
General
Fund
Designated
Fund
2,200,766
(1,550)
195,039
19,400
(159,466)
(17,850)
2,236,339
0
Tota I Funds 2,199,216 214,439 (177,316) 2,236,339