##
|Report ofthe Trustees|||
|---|---|---|
|Independent
Examiner's|Report to the Trustees||
|Statement of Financial|Activities||
|Statement
of Financial|Position||
|Notes to the Financial Statements||5to 9|
|Detailed Statement
ofFinancial Activities||10to 11|
|I I I|I hl l|I|hirll rllhV 4|Inhll'll
Ill nnuhlll'll|Inhll'll
Ill nnuhlll'll|Inhll'll
Ill nnuhlll'll||
|---|---|---|---|---|---|---|---|
|nh"|'ilk»||'I\|||||
|||||||IIIl' m||
|||||||I lel||
|||||||Ckt/0 IPV||
|rh|Inm|||||||
|h|I, ~kw||h hl
- 1 l scn||fhg duflng lhpytaf|and s'nle Ifle ycar|end lscfe as loaovn|
|||||||k'll f anfan Longe|Foamba|
|||||||k'Ir George 1yangbofe||
|||||||Mr Llakatue Doe||
|||||||Mrs Angels Drana Bedlako||
|Inde|pendent||ekaminem|||Merc Three Accountants||
|||||||125 Sunnymead|Avenue|
|||||||Gigmgham||
|||||||Kent||
|||||||MET2EB||
||by||the Board ofTrustees and signed|||on its behag by||
||A~s|Drarm Bediako||||23December 2022||
##
##
##
##
||||||Unrestricted|2021|
|---|---|---|---|---|---|---|
||||||funds||
||||||5||
|Income and|endowments||from:||||
|Donations|and legacies||||53,281|55,191|
|Total|||||53,261|55,191|
|Expenditure|on:||||||
|Raising funds|||||(42,218)|(34,049)|
|Chaniable|activities|||4/5|(8,422)|(7,516)|
|Total|||||(50,640)|(41,665)|
|Net Income|||||2,621|13,526|
|Reconciliation
offunds|||||||
|Total funds|brought|forward|||28,577|15,051|
|Total funds|carried forward||||31,198|28,577|
|||||||2022|7071|
|---|---|---|---|---|---|---|---|
|Ime Iem el~||||||||
|I.iil.i t i,
%|I||||Nl||1!inI|
|i iliielil
(~'%%(t%||||||3.000||
|Iut'I uu||||||||
|r .i'i(.il I%i(it|mi I|tilt.ili|I|||2 270|10r(77|
|||||||25n24|147ril|
|Nel ciiimiit asst't%||||||28.100|25,374|
|1 nt el assets less mirn'nt|||llehnlth|%||20,198|25,374|
|0mt(bur%: emimnls||ladsid due ahw mnm than eno yoar|||12|31,1911|28,877|
|Nr I 45%el%|||||||tll(0)|
|Iho lund% nt tho ehnilly||||||31,190|28,577|
|Iiii,ius I;ti d siinmr||hauls||||||
|1nt if fired%|||||13|31,108|28577|
|||||||31,108|28,577|
##
##
|The finandal|statements|statements|statements||have been prepared|have been prepared|have been prepared|have been prepared|have been prepared|under|under|under|the|histoncal cost convention,|histoncal cost convention,|histoncal cost convention,|except for investments|except for investments|except for investments|which|are||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|induded
at|market|value|||and the revaluation|||||of|certain fixed assets and in|||||accordance||with the|Charities SORP (FRS||||
|102)'Accountmg
and Reporbng|||||||by Chanties:|||Statement||||of Recommended||Prachce applicable|||to charities|preparing
their|||
|accounts
in|accordance|||with||the|Financial||Reporting||||Standard||applicable|in the UK and Republic of Ireland (FRS 102)|||||||
|(effective
1|January|2019)', Financial||||||Reporfing|||Standard|||102|the Financial
Reporting|||Standard|applicable|in the|UK and||
|Republic of|Ireland|(FRS|||102),and the Charities|||||||Act|2011.||||||||||
|Fountain Gate Chapel|||(Harlow) meets|||||the|definition||||ofa|public|benefit entity under FRS 102. Assets and|||||liabilities are|||
|initially
recognised||at historical cost or transaction||||||||||value||unless|otherwise|stated|in the|relevant|accounting|pohcy|||
|note(s).|||||||||||||||||||||||
|2.Income from|donations|||and||legacies|||||||||||||||||
||||||||||||||||||||||2022|2021|
||||||||||||||||||||||f|f.|
|Unrestricted|funds||||||||||||||||||||||
|Donations
received||||||||||||||||||||53,261||45,191|
|Grants recewed||||||||||||||||||||||10,000|
|||||||||||||||||||||53,261||55,161|
|3.Expenditure|on generating||||donations|||snd|legacies||||||||||||||
||||||||||||||||||||||2022|2021|
||||||||||||||||||||||f|f|
|Unrestricted|funds||||||||||||||||||||||
|Donations||||||||||||||||||||9,912||1,400|
|Gifts in kind||||||||||||||||||||||1,588|
|Support costs||||||||||||||||||||32,306||31,061|
|||||||||||||||||||||42,218|||
|4.Costs ofcharitable||activities||||by|fund|type|||||||||||||||
||||||||||||||||||||||2022|2021|
||||||||||||||||||||||f||
|Unrestricted|funds||||||||||||||||||||||
|Outreach||||||||||||||||||||8,422||7,616|
|5.Costs ofcharitable||sctlvides||||by|activity type||||||||||||||||
||||||||||||||||||||||2022|2021|
|Activities
undertaken|||directly||||||||||||||||||||
|Outreach||||||||||||||||||||8,422||7,616|
##
|nalysis ofsupport costs|||
|---|---|---|
||2022|2021|
|Voluntary
income|||
|Management|5,200|3,503|
|Rent|15,500|14,208|
|Women
Ministdes|129||
|Pastorial
& Missionary||3,194|
|Acfivibes|||
|Refreshment|370|45|
|Repairs & Renewals|||
|Utilities|2,943|1,337|
|Youth Department|2,275||
|Expenses|||
|Children
Minisbies|||
|IT/ONce Equipments|1,026|3,979|
|Governance
costs|3,419|3,888|
||32,308|31,081|
|7.Net income/(expenditure)|for the year|||
|---|---|---|---|
|This is stated alter charging/(crediting).||||
|||2022|2021|
|||f||
|Depreciation
ofowned|fixed assets|3,503||
|Accountancy
fees||300||
|Financial advice|||10|
|8.Staff costs and emoluments||||
|Total staff costs for the|year ended 28 February 2022 were:|||
|||2022|2021|
|||8|6|
|Pension costs|||10|
||||10|
||||Fixtures and|Computer||
|---|---|---|---|---|---|
|Cost or valuation|||FiNngs|Equipment|Total|
||||f|6||
|At 01 March 2021|||3,000|7,005|10,008|
|At 28 February 2022|||3,000|7,006|10,006|
|Depreciation||||||
|At 01 March 2021||||3,503|3,503|
|Charge
for year||||3,503|3,503|
|At 28 February 2022|||||7,006|
|Net book values||||||
|At 28 February 2022|||3,MO||3,000|
|At 28 February 2021|||3,000|3,503|6,503|
|11.Debtors||||||
|||||2022|2021|
|Amounts
due within||one year:||||
|Other debtors||||2,270|10,577|
|||||2470|10,677|
|12.Creditors: amounts|falling due after more than one year|||||
|||||2022|2021|
|||||f|6|
|Accrual s and deferred||income||||
||||||300|
##
##
|General||||
|---|---|---|---|
|General||||
|Unrestricted|Funda|-Previous|year|
|General||||
|General||||
|Balance at|Incoming|Outgoing|Balance at|
|---|---|---|---|
|01/03/2021|resources|resources|28/02/2022|
|E||E|E|
|26,577|53,261|(50,640)|31,196|
|28,577|53,261|[60,640)|31,198|
|Balance at|Incoming|Outgoing|Balance at|
|01/03/2020|resources||28/02/2021|
|E|f|f|E|
|15,051|55,191|(41,665)|26,577|
|15,061|55,191|(41,665)|28,577|
##
|Unrestricted|funds|
|---|---|
|Genera/||
|General||
|Tangible|Net current|Creditors|&|Net Assets|
|---|---|---|---|---|
|axed aseete|assets I|one year|||
||giabili6es)||||
||f||||
|3,000|28,198|||31,198|
|3,000|28,198|||31,198|
##
|Previous year|Previous year|||||
|---|---|---|---|---|---|
|||Tang)tria|Net current|Creditors
&|Net Aaaeta|
|||lixed sancta|aaaeta I|one year||
||||(iI a bi lines)|||
|Unrestricted|funds|||||
|General||||||
|General||3,503|25,374|(300)|28,577|
|||3,503|25,374|(Mo)|23,577|
##
|||||2022|2021|
|---|---|---|---|---|---|
|INCOME AND ENDOWMENT||||||
|Donations
and legacies||||||
|Donations||||53,261|45,191|
|Grants recewable|||||10,000|
|||||63,261|66,191|
|Total Incoming resources||||53,261|55,191|
|EXPENDITURE||||||
|Raising donations|and|legacies||||
|Doris'tions||||(9,912)|(1,400)|
|Gifts in kind|||||(1,588)|
|||||(9,912)|(2,988)|
|Chadtabls
activities||||||
|Cost of direct charitable|||activity|(8,422)|(7,616)|
|||||(8,422)|(7,616)|
|SUPPORT COSTS||||||
|Management||||||
|Management||||(5,200)|(3,503)|
|||||(5,200)|(3,503)|
|Rent||||||
|Rent||||(15,500)|(14.208)|
|||||(16,600)|(14,206)|
|Women Ministries||||||
|Women
Ministries||||(129)||
|||||(129)||
|Pastorial d Missionary||Activities||||
|Pastorial
& Missionary|||Activities|(1,000)|(3,194)|
|||||(1,0M)|(3,194)|
|Refreshment||||||
|Refreshment||||(370)|(45)|
|||||(370)|(45)|
|Repairs 6 Renewals||||||
|Repairs & Renewals|||||(907)|
||||||(907)|
|Utilities||||||
|Utilities||||(2,943)|(1,337)|
|||||(2,943)|(1,337)|
|Youth Department|Expenses|||||
|Youth Department|Expenses|||(2,275)||
|||||(2,275)||
|Children
Ministries||||||
|Children
Ministries||||(444)||
|IT/Office Equipments|
|---|
|IT/C/%ce Equipments|
|Governance
costs|
|Governance
costs|
|Total resources expended|
|(444)||
|---|---|
|(1,028)|(3,979)|
|(1,026)|(3,979)|
|(3,419)|(3,888)|
|(3,419)|(3,888)|
|(50,840)|(41,665)|
|2,621|13,526|