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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 9-11

STATEMENT OF FINANCI AL ACTIVITIES FOR THE YEA R ENDED
APRIL 20
23
ALL ITEMS RELATE TO UNRESTRICTED FUNDS Note Yearto
05.04.2023
Yearto
05.04.2022
INCOME FROM DONATED SERVICES
Gifted from Poiden Gospel Hail Trust 94,312 11,181
TOTAL INCOME RESOURCES 94,312 11,181
EXPENDITURE ON
MEETING HALL RUNNING
COSTS
Repairs and Maintenance
-Corkscrew
Lane Hall, Taunton
-Westonzoyland
Road Hall, Bridgwater
—Quantock
Road Hall, Bridgwater
Light and Heat
177
527
252
1,567
5,541
1,047
- Corkscrew
Lane Hall, Taunton
-Westonzoyland
Road Hall, Bridgwater
—Quantock
Road Hall, Bridgwater
Water
Telephone
and Broadband
Insurance
Cleaning and Sundry
Depreciation
800
630
922
272
760
1,467
151
13,565
575
161
(791)
179
0
1,199
103
13,650
OTHER CHARITABLE ACTIVITIES
Professional
Expenses
0 1,072
GOVERNANCE
AND SUPPORT COSTS
Accountancy 325 295
TOTAL RESOURCES EXPENDED 19,848 24,598
NET SURPLUS
DEFICIT ON INCOMING
RESOURCES 74,464 (13,417)
NET MOVEMENTS OF FUNDS
RECONCILIATION
OF FUNDS
74,464 (13,417)
TOTAL FUNDS BROUGHT FORWARD 593,786 607,203
TOTAL FUNDS CARRIED FORWARD 668,250 593,786

As at As at
Note 05.04.2023 05.04.2022
TANGIBLE FIXEDASSETS f f
P~dld
P
~
Meeting
Hall, Corkscrew
Lane, Taunton
Meeting
Hall, Westonzoyland
Road, Bridgwater
Meeting
Hall, Quantock
Road, Bridgwater
Land at Creech Heathfield
92,598
190,000
295,679
89,726
92,598
190,000
308,990
0
668,003 591,588
Plant
Furniture
and E
ui ment 764 1,018
Total Fixed Assets 668,767 592,606
CURRENT ASSETS
Bank Account
Prepayments 843
125
843
938
968 1,781
LESS:CURRENT LIABILITIES
Amounts
Fallin
Due Within One Year
Accruals
(1,485) (601)
NET CURRENT ASSETS LIABILITIES (517) 1,180
PETASSETS
668,250 593,786
Represented by:—
FUNDS —UNRESTRICTED FUNDS
Opening
Balance
Surplus
(Deficit) from Net
Incoming Resources 593,786 607,203
for the Year
74,464 (13,417)
Closing Balance
668,250 593,786

Yearto Year to
05.04.2023 05.04.2022
From Polden Gospel Hall Trust
(a charity with parallel objectives)
-To acquire
land for a potential
-Towards Gospel Hall Running
Gospel
Costs
Hall 89,727
4,585
0
11,181
94,312 11,181

MOVEMENT
IN FUNDS
Yearto Yearto
Unrestricted
Funds
05.04.2023
E
05.04.2022
f
Opening
Balance
Incoming
Resources
Resources Expended
593,786
94,312
(19,848)
607,203
11,181
(24,598)
Closing Balance 668,250 593,786