| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details ofthe Charity, its Trustees and Advisers | 1 | ||
| Trustees' Report | 2-10 | |||
| Independent Auditor's |
Report | on | the Financial Statements | 1'l-14 |
| Statement ofFinancial | Activities | 15 | ||
| Balance Sheet | ||||
| Statement ofCash Flows | 17 | |||
| Notes tothe Financial | Statements | 1B-33 | ||
| The following pages do | not form | part of the statutory financial statements: | ||
| Simplified Income 8 Expenditure | report |
| Restricted | Unrestricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| Note | f. | K | |||
| Income from: | |||||
| Donations and legacies |
6,487 | 685,791 | 692,278 | 502,645 | |
| Other trading activities |
1,589 | 34,331 | 35,020 | 33,605 | |
| Total income | 8,076 | 720,122 | 728,198 | 536,250 | |
| Expenditure on: |
|||||
| Charitable activities |
22,929 | 371,985 | 384,914 | 410,218 | |
| Total expenditure | 22,920 | 371,085 | 304,014 | 410,218 | |
| Net {expenditure)lincome | (14,853) | 348,137 | 333,2&4 | 126,032 | |
| Transfers between funds |
10,212 | (10,212) | |||
| Net movement in funds |
(4,641) | 337,925 | 333,2&4 | 126,032 | |
| Reconciliation offunds: |
|||||
| Total funds brought fonNard |
381,143 | 40158'10 | 782,853 | 656,921 | |
| Net movement in funds |
(4,641) | 337,925 | 333,284 | 126,032 | |
| Total funds carried forward | 376,502 | 739,735 | 1,116,237 | 782,953 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| Fixed assets | ||||||
| Tangible assets | 487,373 | 490,420 | ||||
| Current assets | ||||||
| Debtors | 10 | 570,133 | 19,694 | |||
| Cash at bank and in hand | 72,926 | 288,677 | ||||
| 643,059 | 308,371 | |||||
| Creditors: amounts | falling due within one | |||||
| year | (14,195) | (15,838) | ||||
| Net current assets | 628,864 | 292,533 | ||||
| Total net assets | 1,116,237 | 782,953 | ||||
| Charity funds | ||||||
| Restricted funds | 12 | 3?6,502 | 381,143 | |||
| Unrestricted funds |
12 | 739,735 | 401,810 | |||
| Total funds | 1,116,237 | 782,953 |
| Statement ofCash Flows | ||||
|---|---|---|---|---|
| Forthe Year Ended 31 December 2022 | ||||
| 2022 | 2021 | |||
| C | ||||
| Cash flows from operating | activities | |||
| Net cash used in operating | activities (see note 15) | (193,673) | 186,625 | |
| Cash flows from investing | activities | |||
| Purchase oftangible fixed assets | (22,078) | (40,629) | ||
| Net cash used in investing | activities | (22,078) | (40,629) | |
| Change in cash and cash | equivalents in |
the year | (215,751) | 145,996 |
| Gash and cash equivalents | at the beginning | ofthe year | 288,677 | 142,681 |
| Cash and cash equivalents | at the end of | the year (see note 16) | 72,926 | 286,677 |
| The notes on pages 18to33form part ofthese financial statements |
| Restricted | Unrestricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2022 | 2022 | 2022 | 2021 | |
| E | K | F. | ||
| Fundraising | 1,589 | 5,965 | 7,554 | 9,818 |
| Church Manse and Hire ofPremises | 28,366 | 28,366 | 23,787 | |
| 1,589 | 34,331 | 35,920 | 33,605 | |
| Total 2021 | 1,698 | 31,907 | 33,605 |
| Direct | Mission | Support | Total | Total | ||
|---|---|---|---|---|---|---|
| costs | activities | costs | funds | funds | ||
| 2022 | 2022 | 2022 | 2022 | 2021 | ||
| F | ||||||
| Charitable | activities | 369,314 | 19,600 | 6,000 | 394,914 | 410,218 |
| Total 2021 | 385,955 | 20,963 | 3,300 | 410,218 |
| Restricted | Unrestricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2022 | 2022 | 2022 | 2021 | |
| R | K | |||
| CPC Campus | 21,326 | 21,326 | 25,211 | |
| Pulpit / Hospitality | 627 | 827 | 899 | |
| Office Expenses | 8,6SS | S,68S | 8,511 | |
| Ministry | 3,444 | 3,444 | 5,117 | |
| Membership | 11,028 | 11,028 | 6,530 | |
| Maturity | 5,386 | 5,386 | 2,265 | |
| Magnification | 18,034 | 18,034 | 19,694 | |
| Occasional Activities | 14,480 | 14,480 | 7,357 | |
| Resource Centre | 263 | 283 | 207 | |
| Office Development | 22,185 | 22,1&5 | 15,618 | |
| Transforming Lives for Good (TLG) |
1,011 | 1,011 | 20,081 | |
| Maltings Rent |
75,000 | ?5,000 | 100,000 | |
| Staff Costs | 143,068 | 143,068 | 140,371 | |
| Employer's Nl |
10,862 | 10,962 | 5,173 | |
| Employer's Pension |
6,666 | 6,866 | 6,529 | |
| Depreciation | 11,338 | 13,7&6 | 25,126 | 22,392 |
| 12,350 | 356,864 | 368,314 | 385,S55 | |
| Total 2021 | 31,23S | 354,716 | 385,955 |
| Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| Missions activities | in conjunction | with other | ||||
| institutions | 3,941 | 3,941 | 352 | |||
| Mission activities | with individuals | 10,149 | 6,080 | 15,229 | 20,239 | |
| Missions activities | - other | 430 | 430 | 372 | ||
| 10,579 | 9,021 | 19,600 | 20,963 | |||
| Total 2021 | 2,675 | 18,288 | 20,963 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| Auditor's | remuneration | 6,000 | 6,000 | 3,300 |
| Total 2021 | 3,300 | 3,300 |
| 2022 | 2021 | |
|---|---|---|
| K | ||
| Wages and salaries | 1430068 | 140,371 |
| Social security costs | 10,962 | 5,173 |
| Pension costs | 6,686 | 6,529 |
| 180,696 | 152,073 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| No. | No. | ||||||||
| 7 | 9 | ||||||||
| The | average | headcount | expressed | as | full-time | equivalents | was: | ||
| 2022 | 2021 | ||||||||
| No. | No. | ||||||||
| 5 | 6 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Mr Graeme Baldwin | Remuneration | 40,350 | 9,214 | |
| Pension contributions | paid | 4,551 | 453 | |
| During the year ended 31 December 2022, no Trustee expenses | have been incurred (2021-ENli). |
| Long4erm | Leasehold | ||||
|---|---|---|---|---|---|
| Freehold | leasehold | property | Fixtures and | ||
| property f |
property f |
imprs f |
Sttlngs f |
Totalf | |
| Cost | |||||
| At 1 January 2022 | 557,893 | 84,765 | 53,014 | 53,900 | 749,572 |
| Additions | 9,104 | 1,239 | 2,896 | 8,839 | 22,078 |
| At 31 December 2022 | 566,997 | 86,004 | 55,910 | 62,'739 | 771,650 |
| Depreciation | |||||
| At 1 January 2022 | 185,612 | 11,937 | 19,372 | 42,231 | 259,162 |
| Charge for the year | 11,339 | 3,440 | 5,591 | 4,755 | 25,125 |
| At 31 December 2022 | 196,951 | 15,377 | 24,963 | 46,986 | 284,277 |
| Net book value | |||||
| At 31 December 2022 | 370,046 | 70,627 | 30,947 | 15,753 | 4870373 |
| At 31 December 2021 | 372,281 | 72,828 | 33,642 | 11,669 | 490,420 |
| 2022 | 2021 | ||
|---|---|---|---|
| E, | |||
| Due within one year | |||
| Other debtors | 519,0&0 | ||
| Prepayments | and accrued income | 51,053 | 19,694 |
| 570,133 | 19,694 |
| 2022 | 2021 | ||
|---|---|---|---|
| F | |||
| Other taxation and social security | 3,041 | 3,949 | |
| Accruais and deferred | income | 11,154 | 11,889 |
| 14,185 | 15,838 |
| Deferred | income | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| K | ||||
| Deferred | income at 1 January 2021 | 221 | 3,084 | |
| Resources deferred | during the year | 170 | 221 | |
| Amounts | released | from previous years | (221) | (3,084) |
| Deferred | income at 31December 2022 | 170 |
| Statement offund | s ~current |
year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | 31 | |||||
| January | Transfers | December | ||||
| 2022f | Income f |
Expenditure K |
in/out | 2022 R |
||
| Unrestricted funds |
||||||
| Designated funds |
||||||
| The Maltings Property Fund |
45,311 | (10,346) | 11,?35 | 46,700 | ||
| The Maltings Fixed | Asset Fund | 72,828 | (3,440) | 1,239 | ?0,627 | |
| 118,139 | (13,786) | 12,974 | 'I17,327 | |||
| General funds | ||||||
| General Funds | 283,671 | 720,'l22 | (358,199) | (23,186) | 822,408 | |
| Total Unrestricted | funds | 401,810 | 720,122 | (371,985) | (10,212) | 739,736 |
| Restricted funds | ||||||
| Endowed Property |
Fund | 372,281 | (11,339) | 9,104 | 370,046 | |
| With Love Fund | 3372 | 1,589 | (474) | 4,487 | ||
| Mission India Fund | 5,490 | 4,487 | (9,249) | 1,108 | 1,836 | |
| Gravesham B.C. |
2,000 | (1,867) | 133 | |||
| 381,143 | 8,076 | (22,929) | 10,212 | 3?6,502 | ||
| Total offunds | 782,953 | 728,198 | (394,914) | 1,116,237 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | 31 | |||||
| 1 January | Transfers | December | ||||
| 2021 | Income | Expenditure | in/out | 2021 | ||
| Unrestricted funds |
||||||
| Designated funds |
||||||
| Fixed Assets Fund | 38,664 | (7,844) | 14,491 | 45,311 | ||
| The Maltings Fixed | Asset Fund | 62,680 | (3,390) | 13,538 | 72,828 | |
| 101,344 | (11,234) | 28,029 | 118,139 | |||
| General funds | ||||||
| Generai Funds | 180,051 | 509,161 | (365,070) | (40,471) | 283,671 | |
| Total Unrestricted | funds | 281,395 | 509,161 | (376,304) | (12,442) | 401,810 |
| Restricted funds | ||||||
| Endowed Property Fund |
370,839 | (11,158) | 12,600 | 372,281 | ||
| With Love Fund | 3,371 | 1,698 | (1,539) | (158) | 3,372 | |
| Mission india Fund | 1,316 | 5,310 | (1,136) | 5,490 | ||
| Gravesham B.C. |
20,081 | (20,081) | ||||
| 375,526 | 27,089 | (33,914) | 12,442 | 381,143 | ||
| Total offunds | 656,921 | 536,250 | (410,2'I 8) | ?82,953 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at 1 | 31 | |||||
| January | Transfers | December | ||||
| 2022 | Income f |
Expenditure | inlout K |
2022 K |
||
| Designated | funds | 118,139 | (13,786) | 12,974 | 117,327 | |
| General funds | 283,671 | 720,122 | (358,199) | (23,186) | 622,408 | |
| Restricted | funds | 381,143 | 8,076 | (22,929) | 10,212 | 376,502 |
| 782,953 | 728,198 | (394,914) | 1,118,237 | |||
| Summary | offunds - prior year | |||||
| Balance at | ||||||
| Balance at | 31 | |||||
| 1 January | Transfers | December | ||||
| 2021 | Income | Expenditure | in/out | 2021 | ||
| f. | F | |||||
| Designated | funds | 101,344 | {11,234) | 28,029 | 118,139 | |
| General funds | 180,051 | 509,161 | (365,070) | (40,471) | 283,671 | |
| Restricted | funds | 375,526 | 27,0&9 | (33,914) | 12,442 | 381,143 |
| 656,921 | 536,250 | (410,218) | 782,953 |
| Analysis | ofnet assets between funds -curre | nt year | ||
|---|---|---|---|---|
| Restricted | Unrestricted | Total | ||
| funds | funds | funds | ||
| 2022 | 2022 | 2022 | ||
| K | K | |||
| Tangible | fixed assets | 370,048 | 117,327 | 487,373 |
| Current | assets | 6,456 | 638,803 | 643,059 |
| Creditors | due within one year | (14,195) | (14,195) | |
| Total | 376,502 | 739,735 | 1,116,237 |
| Anaiysis | ofnet assets between funds - prior |
year | ||
|---|---|---|---|---|
| Restricted | Unrestricted | Total | ||
| funds | funds | funds | ||
| 2021 | 2021 | 2021 | ||
| Tangible | fixed assets | 372,281 | 118,139 | 490,420 |
| Current | assets | 8,862 | 299,509 | 308,371 |
| Creditors | due within one year | (15,838) | (15,838) | |
| Total | 381,143 | 401,810 | 782,953 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Net income forthe | year (as per Statement | ofFinancial Activities) | 333,284 | 126,032 | |
| Adjustments for: |
|||||
| Depreciation charges |
25,125 | 22,392 | |||
| Decrease/(increase) | in debtors | (550,439) | 34,108 | ||
| Increase/(decrease) | in creditors | (1,643} | 4,093 | ||
| Net cash provided | by/(used | in) operating | activities | (193,673) | 186,625 |
| 2022 | 2021 | ||
|---|---|---|---|
| Gash | in hand | 72,926 | 288,677 |
| Total | cash and cash equivalents | 72,926 | 288,677 |
| At 1 | At 31 | |||||||
|---|---|---|---|---|---|---|---|---|
| Sanuary | December | |||||||
| 2022 | Cash flows | 2022 | ||||||
| Cash | at | bank | and | in | hand | 288,877 | (215,751) | 72,928 |
| 288,677 | (215,751) | 72,928 |