OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Page
Report ofthe Trustees 1 to 10
Independent
Examiner's Report
Statement ofFinancial Activities 12
Balance Sheet 13
Notes tothe Financial Statements 14 to 21
Detailed Statement ofFinancial Activities 22 to 23

for the Y ear Ended 31December 2022
31/12/22 31/12/21
Unrestricted Restricted Total Total
fund fund funds funds
Notes f
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 126&266 9,122 135@88 100,569
Investment income 38,775 38,775 50,668
Other income 76@71 1,924 78,295 53,952
Total 241,412 11,046 252,458 205,189
EXPENDITURE ON
Charitable activities
Charitable Activities 258&731 6,689 265,420 212,698
NET INCOME/(EXPENDITURE) (17,319) 4@57 (12,962) (7,509)
RECONCILIATION OFFUNDS
Total funds brought forward 48,824 26,030 74,854 82,363
TOTAL FUNDS CARRIED FORWARD 31&505 30@87 61,892 74,854

Balance Sheet
31December 2022
31/I2/22 31/12/21
Notes 5
FIXEDASSETS
Tangible assets 4/25 5,756
CURRENT ASSETS
Debtors 13 6,584 2,328
Cash ai bank and in hand 96@57 128,636
102,941 130,964
CREDITORS
Amounts
falling due v ithin one year		 14 (45,474) (61,866)
NET CURRENT ASSETS 57r467 69,098
TOTAL ASSETSLESSCURRENT
LIABILITIES 61,892 74.854
NET ASSETS 61,892 74,854
FUNDS 16
Unrestricted
funds		 31,505 48,824
Restricted funds 30/87 26,030
TOTAL FUNDS 61,892 74,854

DONATIONS AND LEGACIES LEGACIES
31/12/22 31/12/21
Gifts 1
Donations 108,605 80,173
Grants 26,783 20,395
135488 100,569
Grants received, included in the above, are as follows:
31/12/22 31/12/21
Trust For London 22,483 17,214
Diocesean Burial Ground 2,500 2,500
HMRC Job Retention Scheme 181
Friends ofthe Musicians' Chapel 500
Friends ofThe City Churches 1,800
26,783 20,395
INVESTMENT INCOME
31/12/22 31/12/21
K
Rents receivable 38,775 49,739
Parochial Fees 929
38,775 50,668

4. OTHER INCOME
31/12/22 31/12/21
Net Income 35,986 36,487
Events Hire Income 40356
Interest Income 9 1
Hygiene Bank Income 1,924 17,464
CD income 20
78/95 53,952
5. CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities Support
Direct (see note costs (see
Costs 6) note 7) Totals
Charitable
Activities		 256,620 4,800 4,000 265,420
6. GRANTS PAYABLE
31/12/22 31/12/21
Charitable Activities 4,800 5,950
The total grants paid to institutions during the year was as
follows:
31/12/22
f		 31/I2/21
Orant Making 150
Dellow Centre 2,400 2,400
Life Centre Salford 2,400 2,400
Avant Ministries 1,000
4,800 5,950

Governance
costs
Charitable Activities 4,000

STAFFCOSTS STAFFCOSTS
31/12/22 31/12/21
Wages and salaries 93,679 69,962
93,679 69,962
The average monthly number ofemployees during the year was as follows:
31/12/22 31/12/21
Charitable activities 5 5
No employees
received emoluments
in excess of860,000.		 No employees
received emoluments
in excess of860,000.		 No employees
received emoluments
in excess of860,000.		 No employees
received emoluments
in excess of860,000.
10. COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES 31.12.22
Unrestricted Restricted Total
fund fund funds
INCOME AND ENDOWMENTS FROM
Donations and legacies 83,353 17,216 100,569
Investment income 50,668 50,668
Other income 36,488 17,464 53,952
Total 170,509 34,680 205,189
EXPENDITURE ON
Charitable activities
Charitable Activities 194,346 18,352 212,698

10. COMPARATIVES FORTHE STATEMENT COMPARATIVES FORTHE STATEMENT COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES 31.12.22- OF FINANCIAL ACTIVITIES 31.12.22- OF FINANCIAL ACTIVITIES 31.12.22-
continued
Total
funds
NET INCOME/(EXPENDITURE) (7,509)
RECONCILIATION OFFUNDS
Total funds brought
forward		 72,661 9,702 82,363
TOTAL FUNDS CARRIED
FORWARD 48,824 26,030 74,854
11. KEYMANAGEMENT PERSONNEL
Key Management
Personnel ofthe Organisation		 is the Board ofthe PCC.
12, TANGIBLE FIXED ASSETS
Fixtures
and
fittings
COST
At 1 January 2022 5,756
Additions 127
At 31December 2022 5,883
DEPRECIATION
Charge for year 1,458
NET BOOKVALUE
At 31December 2022 4,425
At 31December 2021 5,756

13. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/22 31/12/21
Trade debtors 6&584 2,328
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/22 31/12/21
Trade creditors 1,486 5,755
Other creditors 43@88 56,111
45,474 61,866
15. ANALYSIS OFNET ASSETSBETWEEN FUNDS
31/12/22 31/12/21
Unrestricted Restricted Total Total
fund fund funds funds
8
Fixed assets 4,425 4,425 5,756
Current assets 72/54 30487 102,941 130,964
Cunt liabilities (45,474) (45,474) (61,866)
31405 30387 61,892 74,854
16. MOVEMENT IN FUNDS
Net
movement At
At 1/1/22 in funds 31/12/22
Unrestricted
funds
General fund		 48,824 (17@19) 31'
Restricted funds
Resnicted Funds 26,030 4457 30,387
TOTAL FUNDS 74,854 (12,962) 61,892

Incoming Resources Movement
resources expended in funds
Unrestricted
funds
General fund 241,412 (258,731) (17819)
Restricted funds
Restricted Funds 11)046 (6,689) 4/57
TOTAL FUNDS 252,458 (265,420) (12,962)
Comparatives
for movement		 in funds
Net
movement At
At I/1/21 in funds 31/12/21
Unrestricted
funds
General fund 72,661 (23,837) 48,824
Restricted funds
Restricted Funds 9,702 16,328 26,030
TOTAL FUNDS 82,363 (7,509) 74,854
Comparative
net movement		 in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted
funds
General fund 170,509 (194,346) (23,837)
Restricted funds
Restricted Funds 34,680 (18,352) 16,328
TOTAL FUNDS 205,189 (212,698) (7,509)

Analysis ofRestricted Reserves c arried forward as at31st Dec2022
I/I/2022 Income Expenditure 31/12/2022
Stewardship-
Music		 9,122 9,122
Hardship Reserve 9,702 9,702
Hygiene Bank 16,328 1,924 (6,689) 11,563
26,030 11,046 (6,689) 30,387