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|||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|
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||||||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|
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||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|
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|Freehold
property||2%ofcost|
|---|---|---|
|Improvements
to freehold|property|10%ofcost|
|Offfice fixxtures and fittings||20%ofcost|
|computer
equipment||20%ofcost|
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|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|
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|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|
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|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|
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|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|
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|||||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|
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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||E|E|
|Heap|Offering|from|the|congregation|(restricted|donations)|571||
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|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|
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|||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|
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|||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|
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||||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|
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||||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)|
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|||||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|