||||Page||
|---|---|---|---|---|
|Reterence and Administrative
Details|||||
|Report ofthe Trustees||2|to|5|
|Independent
Examiner's
Report||6|to|7|
|Statement
of Financial|Activities||||
|Balance Sheet||9|to|10|
|Notes to the Financial|Statements|11|to|16|
|Detailed Statement
of|Financial
Activities|17|to|18|
##
|REGISTERED OFFICE|REGISTERED OFFICE||King's Church||
|---|---|---|---|---|
||||SpeerRoad||
||||Thames
Dition||
||||KT7 OPN||
|REGISTERED COMPANY||NUMBER|09312689 (England|and Wales)|
|REGISTERED CHARITY NUMBER|||1160459||
|INDEPENDENT|EXAMINER||Brewers Chartered|Accountants|
||||Bourne House||
||||Queen Street||
||||Gomshaf||
||||Surrey||
||||GU5 9LY||
|BANKERS|||HSBC PLC||
||||66 High Street||
||||New Maiden||
||||Surrey||
||||KT3 4HD||
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|for the Year Ended|31 March|2023||||||
|---|---|---|---|---|---|---|---|
|||||||31.3.23|31.3.22|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|fund|funds|funds|
||||Notes|F.|F,|f|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||316,509||316,509|295,852|
|Investment
income||||724||724|2,095|
|Other income||||2,000||2,000||
|Total||||319,233||319,233|297,947|
|EXPENDITURE ON||||||||
|Raising funds||||24,643||24,643|12,734|
|Charitable
activities||||||||
|Mission and other gifts||||41,144||41,144|45,316|
|Other||||280,463||280,463|190,859|
|Total||||346,250||346,250|248.909|
|NET INCOME/(EXPENDITURE)||||(27,017)||(27,017)|49,038|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought|forward|||1,202,638||1,202,638|1,153,600|
|TOTAL FUNDS CARRIED FORWARD||||1,175,621||1,175,621|1,202,638|
##
||||||31.3.23|31.322|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|fund|funds|funds|
|||Notes|F.|F.|f||
|FIXED ASSE15|||||||
|Tangible assets||7|1,487,056||1,487,056|1,422,992|
|CURRENT ASSETS|||||||
|Debtors||8|56,883||56,883|44,872|
|Cash at bank|||130,488||130,488|245,584|
||||187,371||187,371|290,456|
|CREDITORS|||||||
|Amounts
falling due within one year||9|(30,366)||(30,366)|(30,810)|
|NET CURRENT|ASSETS||157,005||157,005|259,646|
|TOTAL ASSETS LESS CURRENT LIABILITIES|||1,644,061||1,644,061|1,682,638|
|CREDITORS|||||||
|Amounts
falling due after more than one year||10|(468,440)||(468,440)|(480,000)|
|NET ASSETS|||1,175,621||1,175621|1,202,638|
|FUNDS||13|||||
|Unrestricted|funds||||1,I75 621|1,202,638|
|TOTALFUNDS|||||1,175,621|1,202,638|
##
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|for t|he Year Ended 31 March|2|023|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|2.|INVESTMEN1 INCOME|||||||||||
||||||||||31.3.23||31.3.22|
||||||||||f|||
||Interest receivable
—trading|||||||||724|2,095|
|3.|NET INCOME/(EXPENDITURE)|||||||||||
||Net income/(expenditure)||is|stated|after charging/(crediting):|||||||
||||||||||31.3.23||31.3.22|
||||||||||f||f|
||Depreciation
-owned|assets|||||||5,748||7,665|
||Other operating
leases||||||||11,265||25,344|
||TRUSTEES' REMUNERATION||AND BENEFITS|||||||||
||There were no trustees'
ended 31 March 2022.||remuneration||or other benefits|||for the year ended|31 March|2023 nor for the
year||
|5.|STAFF COSTS|||||||||||
||The average
monthly|number||of employees||during|the|year was as follows:||||
||||||||||31.3.23||31.3.22|
||Employees|||||||||4|4|
||No employees
received||emolument&||in excess of 560,000.|||||||
|6.|COMPARATIVES
FOR THE||STATEMENT||OF FINANCIAL||ACTIVITIES|||||
|||||||||Unrestricted|Restricted||Total|
|||||||||funds|fund||funds|
|||||||||f|f,||f|
||INCOME AND ENDOWMENTS|||FROM||||||||
||Donations
and legacies|||||||295,852|||295,852|
||Investment
income|||||||2,095|||2,095|
||Total|||||||297,947|||297,947|
||EXPENDITURE ON|||||||||||
||Raising funds|||||||12,734|||12,734|
||Charitable
activities|||||||||||
||Mission and other gifts|||||||45,316|||45,316|
||Other|||||||190,859|||190,859|
||Total|||||||248,909|||248,909|
||NET INCOME|||||||49,038|||49,038|
##
##
|for th|e Year Ended 31 M|arch 2023|arch 2023||||||
|---|---|---|---|---|---|---|---|---|
|6.|COMPARATIVES|FOR THE STATEMENT OF||FINANCIAL|ACTIVITIES|- continued|||
|||||||Unrestricted|Restricted|Total|
|||||||funds|fund|funds|
||||||||5|E|
||RECONCILIATION|OF FUNDS|||||||
||Total funds brought||forward|||1,153,600||1,153,600|
||TOTAL FUNDS CARRIED FORWARD|||||1,202,638||1,202,638|
|7.|TANGIBLE FIXED ASSETS||||||||
|||||||Improvements|Fixtures||
|||||Freehold||to|an cl||
||||||property|property|fittings|Totals|
|||||||||F.|
||COST||||||||
||At I April 2022|||1,400,000|||96,705|1,496,705|
||Additions|||||69,360|452|69,812|
||At 31 March 2023|||1,400,000||69,360|97,157|1,566,517|
||DEPRECIATION||||||||
||At I April 2022||||||73,713|73,713|
||Charge for year||||||5,748|5,748|
||At 31 March 2023||||||79,461|79,461|
||NET BOOK VALUE||||||||
||At 31 March 2023|||1,400,000||69,360|17,696|1,487,056|
||At 31 March 2022|||1,400,000|||22,992|1,422,992|
|8.|DEBTORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||||
||||||||31.3.23|31.3.22|
||||||||5||
||Other debtors||||||2,938||
||Gift aid receivable||||||53,945|44,872|
||||||||56,883|44,872|
##
##
|for th|e Year Ended 31 March 2023|e Year Ended 31 March 2023|e Year Ended 31 March 2023||||
|---|---|---|---|---|---|---|
||CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR||||||
||||||31.3.23|31.3.22|
||Bank loans and overdrafts|(see note 11)|||20,000|20,000|
||Trade creditors|||||279|
||Social security and other taxes||||3,303|5,475|
||Pension
liability||||551|701|
||Other creditors||||4,916|2,355|
||Accruals and deferred income||||1,596|2,000|
||||||30,366|30,810|
|10.|CREDITORS: AMOUNTS
FALLING DUE AFTER||MORE 1HAN ONE YEAR||||
||||||31.3.23|31.3.22|
|||||||F,|
||Bank loans (see note 11)||||468,440|480,000|
|11.|I.OANS||||||
||An analysis of the maturity|of loans
is given below.|||||
||||||31.3.23|31.3.22|
||Amounts
falling due within|one year on demand:|||||
||Bank loans||||20,000|20,000|
||Amounts
falling between one and two years:||||||
||Bank loans - 1-2years||||20,000|20,000|
||Amounts
falling due between
two and five years:||||||
||Bank loans
—2-5 years||||60,000|60,000|
||Amounts
falling due in more than five years:||||||
||Repayable
by instalments:||||||
||Bank loans more 5 yr by instal||||388,440|400,000|
|12.|SECURED DEBTS||||||
||The following secured debts are included||within creditors:||||
||||||31.3.23|31.3.22|
||Kingdom
Bank Mortgage||||488,440|500,000|
||The above mortgage
has a secured debt||charge over the building|included|in Fixed Assets||
##
##
##
|MOVEMENT|IN FUNDS|||||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At I 4.22|in funds|funds|31.3.23|
|||F.|F,|5|8|
|Unrestricted|lends|||||
|General fund||290,726|(18,934)|834,469|1,106,261|
|Designated|funds|911,912|(8,083)|(834,469)|69,360|
|||1,202,638|(27,017)||1,175,621|
|TOTAL FUNDS||1,202,638|(27,017)||1,175,621|
|Net movem|e|nt
in funds, incl|uded
in the ab|ove are as follows.||||
|---|---|---|---|---|---|---|---|
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||5|F,||
|Unrestricted||funds||||||
|General fund|||||241,816|(260,750)|(18,934)|
|Designated||funds|||77,417|(85,500)|(8,083)|
||||||319,233|(346,250)|(27,017)|
|TOTAL FUNDS|||||319,233|(346,250)|(27,017)|
|Comparatives||for movement|in funds|||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.4 21|in funds|funds|31.3.22|
|||||5||E||
|Unrestricted||funds||||||
|General
fund||||302,993|(12,267)|911,912|1,202,638|
|Designated|funds|||850,607|61,305|(911,912)||
|||||1,153,600|49,038||1,202,638|
|TOTAL FUNDS||||1,153,600|49,038||1,202,638|
|Comparative|net movement
in funds, inc|luded
in the above are as follows:|||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||E||E|
|Unrestricted|funds||||
|General fund||236,642|(248,909)|(I2,267)|
|Designated|funds|61,305||61,305|
|||297,947|(248,909)|49,038|
|TOTAL FUNDS||297,947|(248,909)|49,038|
##
##
##
|A current|y|ear 12months and pri|or year 12months combined|position
is as fo|llows.||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.4.21|in funds|funds|31.3.23|
||||||E|E|
|Unrestricted||funds|||||
|General|fund||302,993|(31,201)|1,746,381|2,018,173|
|Designated||funds|850,607|53,222|(1,746,381)|(842,552)|
||||1,153,600|22,021||1,175,621|
|TOTAL FUNDS|||1,153,600|22,021||1,175,621|
|above are|as follows:||||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||E||E|
|Unrestricted|funds||||
|General
fund||478,458|(509,659)|(31,201)|
|Designated|funds|138,722|(85,500)|53,222|
|||617,180|(595,159)|22,021|
|TOTAL FUNDS||617,180|(595,159)|22,021|
##
##
|Detailed Statement
for the Year Ended|ot Financial Activities
31 March 2023|||
|---|---|---|---|
|||31.3.23|31.3.22|
|INCOME AND ENDOWMENTS||||
|Donations and legacies||||
|Donations||262,563|251,716|
|Gift aid||53,946|44,136|
|||316,509|295,852|
|Investment
Income||||
|Interest receivable|-trading|724|2,095|
|Other income||||
|Other income||2,000||
|Total incoming
resources||319,233|297,947|
|EXPENDITURE||||
|Raising donations|and legacies|||
|Outreach
events||24,643|12,734|
|Charitable
activities||||
|Grants to institutions||29,300|19,500|
|Grants to individuals||11,844|25,816|
|||41,144|45,316|
|Other||||
|Wages||116,284|109,342|
|Social security||7,579|6,729|
|Pensions||5,521|5,038|
|||129,384|121,109|
|Support costs||||
|Management||||
|Other operating|leases|11,265|25,344|
|Insurance||2,648|1,571|
|Light and heat||7,487||
|Telephone||2,142|2,395|
|Postage and stationery||2,075|2,714|
|Advertising||5,357|3,415|
|Sundries||1,404|1,007|
|IT software
3,consumables||2,531|2,547|
|Property repairs||86,136||
|Mortgage
interest||21,200||
|||142,245|38,993|
##
|Management|||
|---|---|---|
|Finance|||
|Bank charges|||
|Depreciation|of tangible|fixed assets|
|Governance|costs||
|Accountancy|fees||
|Legal fees|||
|Total resources|expended||
|Net (expenditure)/income|||
|31.3.23|31.3.22|
|---|---|
||5|
|80|(504)|
|5,748|7,664|
|5,828|7,160|
|2,937|2,661|
|69|20,936|
|3,006|23,597|
|346,250|248,909|
|(27,017)|49,038|