2022-03-31-accounts

		Page
Trustees' Annual Report		3-13
Independent Examiner's	Report	14
Statement of Financial Activities		15
Balance Sheet		16
Statement of Cash Flows		17
Notes to the Accounts		18-30

					Unrestricted
					designated	Restncted	Total	Unrestricted	Restricted	Total
					Funds	Funds	Funds	Funds	Funds	Funds
				Noot,	2002		~222	2021	2021	~221
					E	E	E	E		E
Income
Donations Ik gilt		aid		16	91,964	6,808	98,772	85,245	10,350	95,595
Income from	charitable			act)vines
Small World Nursery				18	304,823	16,325	321,148	316,152	14,431	330,583
Cupboard on the		Corner		19	8,990		8,990	28,125	7,295	35,420
Other charitable		projtxss			1,135	1,413	2,548	227	6,149	6,376
Other income
Bank Interest					237		237	322		322
Investments
Rental income					24,224		24,224	19,788		19,786
Other
Other income					6,481		6,481	2,022		2,182
Total		Incoming Resources			437,854	24,546	462,400	451,881	38,335	490,266
Expenditure
Charitable act)vines
Main Church				17	135,715	12,602	148,317	110,637	12,294	122,931
Small World Nursery				18	315,615	16,940	332,555	314,639	13,816	328,455
Cupboard on the		Comer		19	57,597	4,317	61,914	150	2,978	3,128
Other charitable		projects		17	2,839	422	3,261	3,210	6,328	9,538
		Totelgxpeoditure			511,766	34,281	546,047	428,636	35,416	464,052
Net income/(expenditure)
before transfers					(73,912)	(9,735)	(83,647)	23,245	2,969	26,214
Ttsttsfers
Gross transfers	between		funds					206	(206)
Net movements		in funds			(73,912)	(9,735)	(83,647)	23,451	2,763	26,214
Reconciliation		ofFunds
Total funds brought forward				at
31March 2021					515,535	14,243	529,778	492,084	11,480	503,564
Total funds carried forward				at
31March 2022					441,623	4,50S	446,131	515,535	14,243	529,778

	Note	2022		2021
		I	I	I	I
Fixed Assets			343,736		361,674
Current Assets
Debtors		17,552		25,138
Cash at bank and in hand		130,319		238,871
		147,871		264,009
Creditors - amounts falling due
within one year	9	27,142		75,905
NET CURRENT ASSETS			120,729		188,104
Credhors —amounts falling due
after more than one year	9		18,334		20,000
NET ASSETS			446,131		529,778
THE FUNDS OFTHE CHARITY:
Restvkted Funds
Special Olferings It
other esricted funds		4,508		14,243
Unrestricted Funds
Capital Fund	14	343,736		361,674
Designated Funds	14	1,087		29,236
General Fund	14	96,800		124,625
TOTAL CHARITY FUNDS			446,131		529,778

Freehold property		2%ofcost
Improvements to freehold	property	10%ofcost
Offfice fixxtures and fittings		20%ofcost
computer equipment		20%ofcost

GRANTS RECEIVED				2022	2021
				I	I
Small World Nursery
Coronavirus job Retention	Sceme / SSPgrants		Unrestricted	1,851	31,096
LCC Community Fund (1)			Restncted		4,154
LCC Community Fund (2)			Restncted		5,000
Chamwood Borough Council Discretionary		Grant	Unrestricted		3,500
Cupboard on the Corner
National Grid ESOGrant			Restricted		7,265
				1,851	51,015

3.	ANALYSIS OF EXPEND	ITURE ON CHARITABLE	ACTIVITIE	S
				Activities
				undertaken	Governance tt	Total	Total
			Note	directly	support costs	2022	2021
a)	Analysis ofexpenditure	on
	Charitable activities -	unrestricted/designated	funds
	Main Church			19,253	116,462	135,715	110,637
	Small World Nursery			304,534	11,081	315,615	314,639
	Cupboard on the Corner			57,597		57,597	150
	Other charitable projects			2,839		2,839	3,210
				384,223	127,543	511,766	428,636
		2021 unrestricted		330,268	98,368		428,636
	Analysis ofexpenditure	on
	Charitable activities -	Restricted funds
	Main Church			13,024		13,024	12,294
	Small World Nursery			16,940		16,940	13,816
	Cupboard on the Comer			4,317		4,317	2,978
	Other charitable projects						6,328
				34,281		34,281	35,416
		2021 unrestricted		35,256	160		35,416
	Total resources expended			418,504	127,543	546,047	464,052
b)	Analysis of support costs			Premises		Total	Total
				costs	Depreciation	2022	2021
	Main Church	53,800	'1,209	27,204	17,798	103,011	84,779
	Small World Nursery		2,964	2,123	140	5,227	4,424
	Total support costs	53,800	7,173	29,327	17,938	108,238	89,203
	Total support costs 2021	43,559	3,854	22,953	18,837		89,203

3.	ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES	ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES	(continued)
c)	Analysis of Governance		2022 E	2021 I
	Legal ik professional fees
	Independent review fees		875	700
	Accountancy fees - Main Church		6,805	2,670
	Accountancy fees - Small	World Nursery	7,055	3,300
	Apportionment ofsupport	costs	4,570	2,495
			19,305	9,165
d)	Analysis ofother resources expended
	Conference costs
4.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	for the year is stated after charging:
	Independent Review/Auditor's remuneration		875	700
	Depreciation		17,938	18,837
	Operating leases		2,474	2,059
5.	ANALYSIS OF STAFF COSTS
	Employee costs during the	year were
	Ministerial support		7,700	9,700
	Salaries		314,673	313,182
	Social Security		13,639	13,305
	Pension		5,289	5,007
	Agency staff		1,999
			343,300	341,19'l

TANGIBLE FIXEDAS	SE	TS
				Improvements
			Freehold	to Freehold		Fixtures	lk	Computer
			Property		Property	FitUngs		Equipment	Total
Cost orvaluation:
As at 1April 2021			409,687		53,481	13,667		3,223	480,058
Additions
Disposals
As at 31 March 2022			409,687		53,481	13,667		3,223	480,058
Depreciation: As at 1 April 2021			71,250		30,384	13,527		3,223	118,384
Charge for year			11,875		5,923	140			17,938
Disposals
As at 31 March 2022			83,125		36,307	13,667		3,223	136,322
Net book value:
As at 31 March 2021			338,437		23,097	140			361,674
As at31March 2022			326,562		17,174				343,736
All material assets are held		for the Charity's	own use.
DEBTORS								2022 I	2021I
Income tax recoverable	on Gilt Aid							4,327	10,870
Prepayments								8,251	3,589
Other debtors								4,974	10,679
								17,552	25,138
CREDITORS: Amounts		falling due within one year
Deferred income								1,102	56,108
Accruals								3,840	2,840
Bank loans								5,000	5,000
Taxation and sodal security								3,036	3,010
Other creditors								14,164	8,947
								27,142	75,905
CREDITORS: Amounts		falling due after more than			one year
Bank loans		2-5 years						18,334	20,000

				2022	2021
				E	E
Mrs	SBrackett,	CIO employee	(spouse ofTrustee)	9,502	7,175
Mrs	5 Brackett,	CIO employee	(spouse ofTrustee) - gift		35
Mrs	S Brightman	(Trustee) - special occasional gift			42
Mr	5 Moses (Trustee) - special		occasional gift		40

							2022	2021
							E	E
Heap	Offering	from	the	congregation	(restricted	donations)	571

At 31Ma	n:h 2022, the Charity had annual commit	ments under non-cancellable operatin	g leases on:
		2022	2021
Operating	leases which expire:
	Within one year
	Two to five years	2,440	1,169

		Fixed	Current
		~a	Sssgs	~ubiliti	~T
Restricted funds
Special offerings it other restricted	funds		4,508		4,508
Unrestricted Funds
Capital funds		343,736			343,736
Designated funds			1,087		1,087
General funds			142,276	(45,476)	96,800
At 31March 2022		343,736	147,871	(45,476)	446,131

		Balance at			Balance at
		3~133 31	Income	En~a~it re	TrBnsfers 3~322
tinct's	Churgh
Bangalore Orphanage		384	1,260	1,266	378
Zambia		2,880	3,512	3,800	2,592
Ministry	support	6,000	571	6,571
OpporTINity		47	1,413	422	1,038
Individuals / small funds			1,465	965	500
aEW
Government funding		615	16,286	16,901
Charity	fundraising		39	39
u	rner
Set-up	donations	30		30
National	Grid ESO grant	4,287		4,287
		14,243	24,546	34,281	4,508

			Unrestricted
16.			/ Designated	Restricted	Total	Unrestricted	Restricted	Total
			Funds	Funds	Funds	Funds	Funds	Funds
			2022 I	2022 I	2022 I	2021 I	2021 I	2021I
Income
	Tithes		68,257		68,257	64,537		64,537
	Olyerings		5,206		5,206	6,155		6,155
	GR Aid		18,501		18,501	14,553		14,553
	Heap Offerin9 Spedal Offerings			4,083 2,725	4,083 2,725		8,000 2,350	8,000 2,350
Other	projects
	Playbme		497		497
	Revolution		259		259
	Igngzone
	Messy Church						20	20
	Breakfast with Santa		379		379	227		227
	Connect
	Support fund			1,413	1,413		6,129	6,129
Rental	income
	Room rents		24,224		24,224	19,788		19,788
Other	income
	Covid SSPgrants						160	160
	Conference income
	Everits		2,266		2,266
	Energy recharge Solar Panel Feml in Tariff		2,123 1,500		2,123 1,500	1,636		1,636
	Easyfundraising/Amazon	Smile	34		34	11		11
	Sundry income		558		558	375		375
	Bank interest		184		184	221		221
			123,988	8,221	132,209	107,503	16,659	124,162

			Unrestricted
17.			/ Designated	Restricted	Total	Unrestricted	Restricted	Total
			Funds	Funds	Funds	Funds	Funds	Funds
			2022	2022	2022	2021	2021	2021
			f	f	f	f	f	f
Expenditure
Going
Mission			2,803		2,803	1,382		1,382
Special offerings		discharged		2,231	2,231		2,709	2,709
Messy Church			1,000		1,000		20	1,000
Church Catering			1,315		1,315
Events			4,131		4,131	51		51
Church Travel						44		44
Playtime			613		613	32		32
Heap Offering				10,371	10,371		9,426	9,426
Support fund			1,339	422	1,761	1,739	6,308	8,047
Grants			500		500	500		500
Growing
Kingzone			354		354	2,192		2,192
Revolution			583		583	6		6
Leadership	Development		871		871	100		100
Church Partnerships						750		750
Training			233		233	1,638		1,638
Ministry Expenses			650		650
Running rosie
Heat sr Light			10,179		10,179	6,769		6,769
Rates			1,589		1,589	2,506		2,506
Insurance			4,032		4,032	4,581		4,581
Building Maintenance
fk C(eaning			11,404		11,404	9,097		9,097
Website			3,600		3,600
Olyice			4,209		4,209	4,056		4,056
Professional	Fees		6,959		6,959	5,495		5,495
Independent	Examination		875		875	700		700
Music Ucences fk PA			815		815	1,092		1,092
Publicity			309		309	170		170
Bank charges			893		893	614		614
Salaries			53,800		53,800	45,852	160	46,012
Ministry Support		fk
Tithe	ofTithes		7,700		7,700	9,700		9,700
Depreciation			17,798		17,798	17,856		17,856
Total	Expenditure		138,554	13,024	151,578	117,902	18,623	136,525
Net Surplus/(Deficit)			14,566 -	4,803 -	19,369	(10,399)	(1,964)	(12,363)

				Unrestricted
18.				/ Designated	Restricted	Total	Unrestricted	Restricted	Total
				Funds	Funds	Funds	Funds	Funds	Funds
				2022	2022	2022	2021	2021	2021
				E	E	E	E	E	E
Income
Parental income				131,179		131,179	95,374		95,374
Government funded	places			170,566	16,286	186,852	180,922	5,253	186,175
Charity fundraislng					39	39		24	24
Grant income				625		625	8,500	9,154	17,654
Coronavirus )ob Retention			/
Covid SSPgrants				1,851		1,851	31,096		31,096
Other income				602		602	260		260
Bank interest received				53		53	101		101
		Total	Income	304/176	16,325	321,201	316,253	14,431	330,684
Expenditure
Salaries				267,394	12,407	279+01	270,730	12,816	283,546
Agency staff				1,999		1,999
HR Consultancy				3,456		3,456
Pupil Premium expenditure					4,494	4,494
Food				7,481		7,481	6,385		6,385
Consumables				4,489		4,489	3,635		4,321
Language and literacy				132		132
Heat 8Light				2,123		2,123	1,751		1,751
Waste Disposal Equipment				2,660		2,660	2,227 1,418		2,227 1,418
Resources fk Toys				866		866	511		511
Small Equipment				801		801	352		620
Books				62		62
Training				1,249		1,249	903		903
Advertising and Marketing				956		956	217		217
Dishwasher contract				1,257		1,257
ICT				3,905		3,905	4,219		4,219
Office				2,964		2,964	2,135		2,135
Gifts (children 11staf)				749		749	924		924
Building Maintenance							1,504		1,504
Health &Safety				260		260	232		254
StafF Uniforms				178		178
Chahty Fundralslilg					39	39			24
Professional Fees lt Insurance				10,000		10,MO	12,489		12,489
Bank charges				630		630	472		472
Bounce Back Loan interest				826		826
Hardship fund							49		49
Sundry expenses				132		132	210		210
Bad Debts				906		906	372		372
Bad Debts Recovered							(520)		520
Depredation				140			981		981
Total		Expenditure		31S,615	16,940	332,555	311,196	13,816	325,012
Net Surplus/(Deficit)				(10,739) -	615	(11,354)	5,057	615	5,672

		Unrestricted	Unrestricted
19.		/	Designated	Restricted	Total	Unrestricted	Restricted	Total
			Funds	Funds	Funds	Funds	Funds	Funds
			2022	2022	2022	2021	2021	2021
			E	E	E		E	E
Income
Donations			1,503		1,503	28,125	30	28,155
Pantry visit donations			7,312		7,312
Grant funding							7,265	7,265
Membership			175		175
Total Income			8,990		8,990	28,125	7,295	35,420
Expenditure
Wages			8,867		8,867
FareShare			2,650		2,650
Food fk supplies			15,809		15,809
Resources			2,163		2,163
Social media			600		600
Clothes bank			25		25
Bank charges			44		44
Set-up costs			778	4,317	5,095	150	2,978	3,128
Building upgrade	work		26,651		26,651
Telephone			10		10
Total Expenditure			57,597	4,317	61,914	150	2,978	3,128
Net Surplus/(Deficit)			48,607 -	4,317 -	52,924	27,975	4,317	32,292