## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---| |||||funds|funds|2023|2022| ||||Notes|2|2|2|2| |INCOME|||||||| |Donations
and legacies||||1,128,524|61,513|1,190,037|1,507,505| |Charitable
activiTies||||261,721||261,721|115,332| |Trading activities||||65,124|15,619|80,743|93,230| |Investments||||7,001||7,001|13,018| |Other income||||212,197|182,826|395,023|335,688| |Total income||||1,674,567|259,958|1,934,525|2,004,771| |EXPENDITURE|||||||| |Charitable
activiTies||||1,874,948|254,750|2,129,698|1,768,360| |Total expenditure||||1,874,948|254,750|2,129,698|1,768,360| |NET (EXPENDITURE) IINCOME BEFOREGAINS AND|||LOSSES|(200,381)|5,208|(195,173)|205,411| |Investment
gains and losses||||18,474||18,474|(48,500)| |Gain on disposal/revaluation||offixed asset investments||6,793||6,793|60,000| |NET (EXPENDITURE) IINCOME BEFORETRANSFERS||||(175,114)|5,208|(169,906)|307,911| |Transfem
between|funds|||(9,370)|9,370||| |NET MOVEMENT
IN FUNDS||||(184,484)|14,578|(169,906)|307,911| |FUND BALANCES|AT I JANUARY 2023|||1,163,797|157,820|1,321,617|1,013,706| |FUND BALANCES|AT 31 DECEISBER2023||14|979,313|172,398|1,151,711|1,321,017| ## |||||Group||Charity|Charity| |---|---|---|---|---|---|---|---| |||||2023|2022|2023|2022| ||||Notes|6|6|6|6| |FIXEDASSETS|||||||| |Investments|||||614,974|1|614,975| |Tangible assets||||1,366,453|691,814|1,366,453|691,814| |||||1,366,453|1,306,788|1,366,454|1,306,789| |CURRENT ASSETS|||||||| |Debtors|||10|83,159|92,077|83,543|122,510| |Cash at bank and|in|hand||638,514|697,103|638,514|697,103| |||||721,673|789,180|722,057|819,622| |CREDITORS: amounts||falling|||||| |due within one year:||||(168,236)|(177,077)|(168,236)|(187,077| |NET CURRENT ASSETS||||553,43'7|612,103|553,821|652,545| |TOTAL ASSETSLESS||CURRENT LIABILITIES||1,919,890|1,918,891|1,920,275|1,959334| |CREDITORS: amount|falling due||||||| |in more than one year|||12|(768,179)|(597,274)|(788,179)|(597,274)| |||||1,151,711|1,321,617|1,152,096|1,362,060| |FUNDS|||13-15||||| |Unrestricted:|||||||| |Designated||||563,223|155,593|563,608|196,036| |Capital revaluation|||||238,025||238,025| |Other unrestricted||||416,090|770,179|416,090|770,179| |||||979,313|1,163,797|979,698|1,204,240| |Restricted||||172,398|157,820|172,398|157,820| |TOTAL FUNDS||||1,151,711|1,321,617|1,152,096|1,362,060| **==> picture [109 x 78] intentionally omitted <==** ## ||CASH FLOW STATEM|ENT F|OR T|HE YEAR ENDED 31 DECEMB|ER 2023|||| |---|---|---|---|---|---|---|---|---| |||||||2023||2022| ||||||Notes|8||8| ||NET CASH FLOW PROVIDED SY||OPERATING ACTIVITIES||1|(33,514)||371,749| ||CASH FLOWS FROM INVESTING||ACTIVITIES|||||| ||Interest received|||||7,001||13,018| ||Purchase offixed assets|||||(525,587)||(41,072)| ||Disposal ofinvestments|||||640,241||8,530| ||CASH FLOWS FROM FINANCING||ACTIVITIES|||||| ||Mortgage
repayments|||||(4,969)||| ||Diocese loan repayments|||||(67,146)||(66,363)| ||Gas Street Music loan repayments|||||(10,000)||(10,000)| ||Interest paid|||||(64,615)||(34,590)| ||NET CASH FLOW|||||(58,589)||241,272| |||||||2023||2022| |||||||6||8| ||Cash at the end ofthe year||||2|638,514||697,103| ||Cash at start ofthe year|||||697,103||455,831| ||Increase/(decrease)
in cash|in the year||||458,5892||241,212| ||NOTES TO THE CASHFLOW||STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023|||||| |1|RECONCILIATION
OF NET|MOVEMENT||IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES||||| |||||||2023||2022| |||||||||8| ||Net movement
in funds for the year|||||(169,908)||307,911| ||Dividends
and interest received|||||P,001)||(13,018)| ||Interest paid|||||64,615||34,590| ||Depreciation|||||100,948||75,189| ||Decrease/(increase)
in debtors|||||8,918||(33,511)| ||(Decrease)/increase
in creditors|||||(5,821)||12,088| ||(Gain) on investments|||||(25,267)||(11,500)| ||Net cash flow from operating|activities||||(33,514)||371,749| |2|ANALYSIS OF CASH AND CASH EQUIVALENTS|||||||| |||||||2023||2022| |||||||8||f| ||Cash at bank and
in hand|||||638,514||691153,| |3|ANALYSIS OF CHANGE
IN|NET DEBT|||2022|Cash flows|Other non-|2023| ||||||||cash changes|| ||||||6|8|8|| ||Cash at bank and in hand||||897,103|(58,589)||638,514| ||Borrowings|||||||| ||Debt due within one year||||(78,363)|76,363|(73,343)|(73,343)| ||Debt due after one year||||597,274||(170,905)|(768,179| ||||||(673,637)|76,363|(244,248)|(841,522)| ||TOTAL||||23,466|17,774|(244,248)|(203,008)| ## ## ## ## ## ## ## ## |3 INCOME|||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||||funds|funds|2023|2022| |DONATIONS|AND LEGACIES||6|2|2|6| |Planned
giving|||780,272||780,272|732,859| |One off giving|||89,870|50,727|140,597|471,574| |Collections|||67,042|4,738|71,780|83,051| |Tax recovery|||191,340|6,048|197,388|219,421| |Total donations||and legacies|1,128,524|61,513|1,190,037|1,507,505| |CHARITABLE|ACTIVITIES|||||| |Event income|||261,721||261,721|115,332| ||||261,721||261,721|115,332| |TRADING ACTIVITIES||||||| |Community
area||hire|18,800||18,800|39,872| |Community
area||sales|46,324|15,619|61,943|53,358| ||||65,124|15,619|80,743|93,230| |INVESTMENTS||||||| |Dividends|||4,024||4,024|12,752| |Interest|||2,977||2,977|266| ||||7,001||'7,001|13,015| |OTHER INCOME||||||| |Grant income|||188,194|182,826|371,020|258,302| |Gas Street Music||Ltd income|13,866|~|13,866|15,520| |Other income|||10,137|~|10,137|51,864| ||||212,197|182,826|395,023|335,686| |TOTAL INCOME|||1,674,567|259,958|1,934,525|2,064,771| ## |4 EXPENDITURE||||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---|---| |||||||funds|funds|2023|2022| |CHARITABLE ACTIVITIES||||||f|2|E|5| |Missionary
and||charitable||giving|(see also note 5)||||| |Missions giving||||||40,059|116,820|156,879|104,829| |||||||40,059|116,820|156,879|104,829| |Church events|||||||||| |Worship costs||||||10,441|1,595|12,036|23,301| |Community
events||||||217,383||217,383|141,405| |Community
area||trading|costs|||20,117||20,117|15,247| |Depreciation
on||AV equipment||||18,413||16,413|5,585| |||||||264,354|1,595|265,949|186,835| |Ministry|||||||||| |Fees paid to Diocese||||||190,851||190851|170580| |||||||190,851||190,851|170,580| |Staff|||||||||| |Salary, pensions,||housing|ofyouth||&pastoral workers|808,902|135,243|944,145|782,435| |Staff training||||||21,835||21,835|20,451| |Depreciation
on||clergy housing||||11,346||11,346|| |||||||842,083|135,243|977,326|802,886| |Church and Centre running||||expenses|||||| |Church
running|costs|||||64,689||84,689|94,885| |Facilities costs||||||162,582||162,582|161,551| |Insurance||||||4,099||4,099|3,968| |Building development||||||28,550||28,550|30,164| |Depreciation
on||leasehold|impmvements|||61,215||61,215|51,215| |||||||341,135||341,135|351,783| |Support Costs|||||||||| |Office costs||||||50,704||50,704|41,360| |Subscriptions||||||2,969||2,969|3,900| |Bank charges||||||12,229|1,092|13,321|11,648| |Travel costs||||||11,718||11,718|7,150| |Fundraising||||||8,283||8,283|119| |Accountancy||||||9,732||9,732|10,332| |Interest on loans||||||64,615||64,615|34,590| |Depreciation
on|fixtures and|||fittings||11,974||11,974|8,089| |Gas Street Music||Ltd expenditure||||24,242||24,242|34,250| |||||||196,466|1,092|197,558|151,444| |TOTAL EXPENDITURE||||||1,874,948|254,750|2,129,698|1,768,360| ## ## ## |||||Gas Street|Gas Street|Gas Street||| |---|---|---|---|---|---|---|---|---| |Employment
costs|||Charity||Music Ltd||2023|2022| |||||f||f||f| |Wages and salaries|||862,143|||7,582|869,725|732,853| |Social securiiy costs|||58,710|||584|59,294|48,262| |Other pension costs|||23,292||||23,292|18,442| ||||944,145|||8,166|952,311|799,557| |See note 16for disclosure|of payments|made to|related parties.|||||| |NET INCOME FROM TRADING ACTIVITIES OF SUBSIDIARY||||||||| |The charity owns 100%of|the issued share capital ofGas Street Music Limited, a company|||incorporated||in England|and Wales (company|number:| |12995294).||||||||| |The results ofthe company|before consolida8on||for the year to 31 December 2023 are summarised||as|follows:||| |||||||2023|2022|| |||||||f|f|| |Income
Expenses|||||64,300
(24,242)||15,520
~34,230|| |Net Profit/(loss)|||||40,058||4432302|| ## ## ## |8|TANGIBLE ASSETS||||||||| |---|---|---|---|---|---|---|---|---|---| ||||||Freehold|Leasehold|AV|Fixtures &|| ||Group I Charity||||Properly|Improvements|equipment|Faunas|Total| ||||||f|f||f|f| ||COST||||||||| ||At beginning
ofyear|||||831,056|97,735|62,820|991,611| ||Additions||||680,759||68,922|25,906|775,587| ||At end ofyear||||680,759|831,056|166,657|88,726|1,787,198| ||DEPRECIATION||||||||| ||At beginning
ofyear|||||197,817|62,345|39,635|299,797| ||Charge for year||||11,346|61,215|16,413|11,974|100,948| ||Atend ofyear||||11,346|259,032|78,758|51,609|400,745| ||NET BOOK VALUE||||||||| ||At end ofyear||||869,413|572,024|87,899|37,117|1,366,453| ||At beginning
ofyear|||||633,239|35,390|23,185|691,814| ||All fixed assets belong to the charity.||||||||| |9|FIXEDASSET INVESTMENTS||||||||| ||Group||||||||| |||||||||CCLA|| ||||||||Property|investments|Total| ||||||||f|f|f| ||Cost or market value|ofinvestments||at I January 2023|||260,000|354,974|614,974| ||Proceeds ofdisposals|during year|||||(266,793)|(373,448)|(640,241)| ||Gain on disposal of investment||assets||||6,793|18,474|25,267| ||Cost or market value|of investments||at 31 December 2023|||||| ||Charity|||||Investment|||| |||||||in subsidiary||COLA|| |||||||undertakinga|Property|investments|Total| |||||||f|f|f|f| ||Cost or market value ofinvestments|||at 1 January 2023||1|260,000|354,974|614,975| ||Proceeds ofdisposals|during year|||||(266,793)|(373,448)|(640,241 )| ||Gain on disposal of investment||assets||||6,793|18,474|25,267| ||Cost or market value ofinvestments|||at31 December 2023|||||| ## |10|DEBTORS||||Group||Charity|| |---|---|---|---|---|---|---|---|---| ||||||2023|2022|2023|2022| ||||||f|f|f|| ||Trade debtors||||37,045|41,849|3'7,045|41,849| ||Gift aid tax recoverable||||2,910|15,213|2,910|15,213| ||Prepayments|and accrued income|||20,372|23,560|20,372|23,560| ||Other debtors||||22,832|11,455|22,832|11,455| ||Amounts
due|from subsidiary||undertaking|||384|30,442| ||||||83,159|92,077|83,543|122,519| |11|CREDITORS:|amounts|falling|due within one year|Group||Charity|| ||||||2023|2022|2023|2022| |||||||f|f|f| ||Diocesan loans||||66,363|66,363|66,363|66,363| ||Morlgage||||6,980||6,980|| ||Gas Street Music loans|||||10,000||| ||Accru ale||||9,598|14,765|9,598|14,765| ||Other creditors||||37,909|56,936|37,909|56,936| ||Deferred income||||47,386|29,013|47,386|29,013| ||||||168,236|177,077|168,236|167,077| |12|CREDITORS:|amounts|falling|due after one year|Group||Charity|| ||||||2023|2022|2023|2022| ||||||f|f|f|| ||Diocesan loan||||530,128|597,274|530,128|597,274| ||Mortgage||||238,051||238,051|| ||||||768,179|59'7,274|768,179|597,274| ## |The restricted|funds are established|funds are established|for the fallowing
purposes:|for the fallowing
purposes:||| |---|---|---|---|---|---|---| |St filartins|Trustees|||To support staff costs.||| |Collections||||These are collections for specific external causes and projects.||| |Love Your|Neighbour.|Kids||Agrant received from 'Street Games UK' to fund the summer
club held atGas Street|StLuke's
in|| |||||August 2022. This was a free to attend club for primary school aged children who receive free school||| |||||meals.||| |Love Your|Neighbour|- Ukraine||Funding
from the 'Church
Revitalisation
Trust' specifically for spending
on activities and support for||| |||||Ukrainian
refugees.||| |Love Your|Neighbour.|Gas Street||Funds for the Love Your Neighbour
('LYN') communiiy
project. This includes
funding|support from|the| |||||Church
Revitalisation
Trust for spending
on afi LYN ackvity, as well as funds collected|by Gas Street|| |||||Church for this purpose. The transfer
in to this fund represents
part ofthe match-funding
(required||by| |||||the grant for this purpose)
not covered
by restricted
donafion
income.||| |Worship Central||||Worship
Central
(charity no. f164487)was closed in 2022 with afi assets transferred|to Gas Street|| |||||Church.
The remaining
funds from the Worship
Central were placed
in this restricted|fund specifically|| |||||for spending
on worship
related acbvities at Gas Street Church.||| |The designated|funds are|established|for the following
purposes:|||| |Assistant
Clergy||||To provide funding
for assistant clergy exists.||| |Repair fund||||To fund repair works required
on the church
building.||| |Missions fund||||Each year, the church aims to dedicate at least 1 O'Ya of its income for missional
purposes.
Part is||given| |||||as grants
to external
pmjects
with charitable
objecbves compatible
with those of St Luke's; the||other| |||||part is used to fund community
engagement
acfiviTies carried out by St Luke's members.
The trustees||| |||||voted to allocate this to match-funding
Love Your Neighbour
grant funding
for 2024, which represents||| |||||the majority ofthe transfer out.||| |Capital fund||||This represents
the historic costofthe investment
properiy which was sold during the|year.|| |Middleton
Hall Road||||This represents
the carrying
value ofthe properly
bought this year, less the outstanding
mortgage||on it.| |Orchard seed funding||||The church
intends
to set up the Orchard as its own company
during 2024. During
the current||year| |||||f25,000 has been set aside tofacilitate this.||| |Worship For Ag seed funding||||The church
intends
to set up Worship
For Ag as its own company
during 2024. During the current||year| |||||825,000has been set aside to facilitate this.||| |Love Your Neighbour||(designated)||A fund set aside towards
match-funding
Love Your Neighbour
grants
in 2024.||| ## |14 MOVEMENT
IN FUNDS|14 MOVEMENT
IN FUNDS|14 MOVEMENT
IN FUNDS|Balance at|||Gain I|Transfers|Balance at| |---|---|---|---|---|---|---|---|---| ||||1 January|||(loss) on|between|31 December| ||||2023|Income|Expenditure|Investments|funds|2023| ||||E|2|2||E|f| |Restricted funds||||||||| |StMarlins Trustees||||26,299|(26,299)|||| |Collections||||17,092|(434)|||16,658| |Love Your Neighbour||- Kids||9,840|(9,840)|||| |Love Your Neighbour||- Ukraine|35,188|10,698|(23,620)|||22,266| |Love Your Neighbour||- Gas Street|87,002|196,029|(194,557)||45,000|133,474| |Worship Central|||35,530||||(35,630)|| ||||157,820|259,958|(254,750)||9,370|172,398| |Designated
funds||||||||| |Assistant
Clergy|||28,325||(28,325)|||| |Repairfund|||72,019||(19,139)|||52,880| |Missions fund|||73,717||(36,491)||(37,226)|| |Capital fund|||21,975||||(21,975)|| |Middleton
Hall Road|||||||424,382|424,352| |Orchard seed funding|||||||25,000|25,000| |Worship for All seed||funding|||||25,000|25,000| |Love Your Neighbour||(designated)|||||36,346|36,346| |Gas Street Music Ltd|||(40,443)|13,866|(24,242)||50,434|(385)| ||||155,593|13,866|(108,197)||501,961|563,223| |Capital revaluation||fund|238,025|||6,793|(244,818)|| |Other unrestricted|funds||770,179|1,660,701|(1,766,751)|18,474|(266,513)|416,090| |Tolalfunds|||1,321,617|1,934,525|(2,129,898)|25,267||1,151,'711| ## ## ## |||||||| |---|---|---|---|---|---|---| |Fund b|alances as at 31 December 2023 are represented|by:|||Other|| ||||Restricted|Designated|unrestricted|Total| ||||funds|funds|funds|2023| ||||f|f|f|f| |Tangible
fixed assets||||669,413|687,040|1,366,453| |Current|assets||172,398|138,841|410,434|721,673| |Current|liabiliTies|||(6,980)|(161,256)|(168,236)| |Long term liabilities||||(238,051)|(530,128)|(768,179)| ||||172,396|563,223|416,090|1,151,711| |Fund balances as at31 December 2022 are represented||by:|||Other|| ||||Restricted|Designated|unrestricted|Total| ||||funds|funds|funds|2022| |||||f|f|| |Tangible fixed assets|||||091,814|691,814| |Fixed asset investment||||100,344|514,530|014,974| |Current|assets||167,522|55,249|556,409|789,180| |Current|liabilities||(9,702)||(167,375)|(177,077)| |Long term liabilities|||||(597,274)|597,274)| ||||157,520|155,593|1,008,204|1,321,517| |Charity||||||| |Fund balances as at31 December 2023 are represented||by:|||Other|| ||||Restricted|Designated|unrestricted|Total| ||||funds|funds|funds|2023| ||||f|f|f|f| |Tangible|fixed assets|||669,413|697,040|1,366,453| |Fixed asset investment|||||1|1| |Current|assets||172,398|139,226|410,433|722,057| |Current|liabilities|||(6,980)|(161,256)|(168,236)| |Long term liabilities||||(238,051)|(530,128)|(768,179| ||||172,398|563,608|416,090|1,152,096| |Fund balances as at 31 December 2022 are represented||by:|||Other|| ||||Restricted|Designated|unrestricted|Total| ||||funds|funds|funds|2022| ||||f|f|f|| |Tangible|fixed assets||||691,814|691,814| |Fixed asset investment||||100,344|514,631|614,975| |Current|assets||167,523|95,592|556,407|819,622| |Current|liabilities||(9,703)||(157,374)|(107,077)| |Long term liabilities|||||(597,274)|(597,274)| ||||157,820|190,036|1,008,204|1,362,060| ## ## ## ## ## ## |Below are summaris|ed
results o|fSt Luke's Church, excluding
the subsidiary
company:||| |---|---|---|---|---| ||||Tolal|Total| ||||2023|2022| |INCOME||||| |Donations
and legacies|||1,190,037|1,507,505| |Charitable
activities|||261,721|115,332| |Trading
activities|||80,743|93,230| |Investments|||7,001|13,018| |Other income|||381,157|320,166| |Total income|||1,920,659|2,049,251| |EXPENDITURE||||| |Charitable
activiTies|||2,155,890|1,734,110| |Total expenditure|||2,155,890|1,734,110| |NET (EXPENDITURE)SNCOME||BEFORE GAINS AND LOSSES|(235,231)|315,141| |Investment
gains and losses|||18,474|(48,500)| |Gain on revaluation|offixed asset investments||6,793|60,000| |NET (EXPENDITURE)IINCOME||BEFORETRANSFERS|(299,964)|326,641| ## |||Unrestricted|Restricted|Endowment|Total| |---|---|---|---|---|---| |||funds|funds|funds|2022| |INCOME|||||| |Donations
and legacies||1,493,554|13,951||1,507,505| |Charitable
activities||115,332|||115,332| |Trading
activities||80,625|12,605||93,230| |Investments||12,767|251||13,018| |Other income||118,977|216,709||335,686| |Total income||1,821,255|243,516||2,064,771| |EXPENDITURE|||||| |Charitable
activiTies||1,533,912|234,448||I768,360| |Total expenditure||1,533,912|234,448||1,768,360| |NET INCOME BEFORE GAINS AND LOSSES||287,343|9,068||296,411| |Investment
gains and losses||(47,364)||(1,136)|(48,500)| |Gain on revaluafion|offixed asset investments|60,000|||60,000| |NET INCOME BEFORETRANSFERS||299,979|9,068|(1,136)|307,91I| |Transfers
between|funds|7,608|926|(8,534)|| |NET MOVEMENT|IN FUNDS|307,587|9,994|(9,670)|307,911| |FUND BALANCES|AT 1 JANUARY 2022|856,210|147,826|9,670|1,013,706| |FUND BALANCES|AT 31 DECEMBER 2022|1,163,79'7|157,820||1,321,617| ## |20 COMPARATIVE|MOVEMENT|MOVEMENT|IN FUNDS||||||| |---|---|---|---|---|---|---|---|---|---| |||||Balance at|||Gain|Transfers|Balance at| |||||1January|||on|between|31December| |||||2022|Income|Expenditure|Investments|funds|2022| |||||8|2|E|E|E|f| |Restricted funds|||||||||| |Repair fund||||2,676||(3,602)||926|| |Extension
fund||||3,595||(3,595)|||| |Kids Ministry||||2,128||(2,128)|||| |StMartine Trustees|||||26,299|(26,299)|||| |Love Your Neighbour||-Boxes||3,153|1,500|(4,653)|||| |Love Your Neighbour||- Kids|||17,116|(17,116)|||| |Love Your Neighbour||- Ukraine|||9,302|(9,114)||35,000|35,188| |Love Your Neighbour||- Gas Street||136,274|148,685|(162,957)||(35,000)|87,002| |Worship
Central|||||40,614|(4,984)|||35,630| |||||147,826|243,516|(234,448)||926|157,820| |Endowmentfunds|||||||||| |Nichols||||1,892|||(222)|(1,670)|| |7Welche||||1,873|||(220)|(1,653)|| |Reeves Charity||||3,088|||(363)|(2,725)|| |Emma Halls||||1,769|||(208)|(1,561)|| |St Lukes RF||||1,048|||(123)|(925)|| |||||9,670|||(1,136)|8,534|| |Designated
funds|||||||||| |Assistant Clergy||||189,970||(161,645)|-|-|28,325| |Repair fund||||144,553||(72,534)|-|-|72,019| |Extension fund||||61,545||(61,545)|||| |Missions fund||||10,949||(29,554)|-|92,322|73,717| |Capital fund||||21,975|||||21,975| |Gas Street Music Ltd||||(21713)|15,520|(34,250)|-|-|(40,443)| |||||407,279|15,520|(359,528)||92,322|155,593| |Capital revaluation|fund|||178,025|||60,000||238,025| |Other unrestricted|funds|||270,906|1,805,735|(1,174,384)|(47,364)|84,714|770,179| |Totalfunds||||1,013,706|2,064,771|(1,768,360|11,500||1,321,617|