2023-03-31-accounts

for the year	ended 31March 2	023
			Unrestricted
			funds	Total funds	Total funds
			2023	2023	2022
		Notes	f	E	E
Income and	endowments
from:
Donations	and legacies		6,072	6,072	6,641
Other			155	155
Total			6,227	6,227	6,641
Expenditure	on:
Other			9,809	9,809	18,041
Total			9,809	9,809	18,041
Net gains on	investments
Net expenditure			(3,582)	(3,582)	(11,400)
Transfers between funds
Net expenditure before other gains/(losses)			(3,582)	(3,582)	(11,400)
Other gains	and losses
Net movement in funds			(3,582)	(3,582)	(11,400)
Reconciliation offunds:
Total funds brought forward			8,104	8,104	17,691
Total funds carried forward			4,522	4,522	6,291

Balance Sheet at 31March 2023
Charity No.				2023	2022
				6	6
Current assets
Cash at bank and		in hand		4,522	8,174
				4,522	8,174
Creditors: Amount	falling		due within one year		(1,883)
Net current assets				4,522	6,291
Total assets less current liabilities				4,522	6,291
Net assets excluding		pension asset or liability		4,522	6,291
Total net assets				4,522	6,291
The funds ofthe charity
Restricted funds
Unrestricted funds
General funds				4,522	8,104
				4,522	8,104
Reserves
Total funds				4,522	8,104
Approved by the trustees			on 31March 2023
And signed on their		behalf by:

last year and no chan	last year and no chan	last year and no chan	ges have been made to accounts for previous years.
Fund accounting
Unrestricted		funds	These are available for use at the discretion ofthe trustees				in furtherance			of	the
			general objects ofthe charity.
Designated		funds	These are unrestricted funds earmarked by the trustees		for particular			purposes.
Revaluation		funds	These are unrestricted funds which include a revaluation			reserve representing						the
			restatement ofinvestment assets at their market values.
Restricted	funds		These are available for use subject to restrictions imposed				by the donor		or	through
			terms ofan appeal.
Income
Recognition		of	Income is included in the Statement of Financial Activities				(SoFA) when	the		charity
income			becomes entitled to, and virtually certain to receive, the		income and the amount of
			the income can be measured with sufficient reliability.
Income with		related	Where income has related expenditure the income and	related expenditure							is
expenditure			reported gross in the SoFA.
Donations	and		Voluntary income received by way of grants, donations	and gifts is included						in		the
legacies			the SoFA when receivable and only when the Charity has			unconditional			entitlement
			to the income.
Tax reclaims		on	Income from tax reclaims is included in the SoFA at the	same time as the
donations	and gifts		gift/donation to which it relates.
Donated services			These are only included in income (with an equivalent amount in expenditure)
and facilities			where the benefit to the Charity is reasonably quantifiable,				measurable		and
			material.
Volunteer	help		The value of any volunteer help received is not included		in		the accounts.
Investment		income	This is included in the accounts when receivable.
Gains/(losses) on			This includes any gain or loss resulting from revaluing investments to market								value
revaluation		offixed	at the end ofthe year.
assets
Gains/(losses) on			This includes any gain or loss on the sale ofinvestments.
investment		assets

Expenditure	Expenditure
Recognition		of	Expenditure is recognised on an accruals basis. Expenditure includes			any VAT	which
expenditure			cannot be fully recovered, and is reported as part ofthe expenditure			to which	it
			relates.
Expenditure		on	These comprise the costs associated with attracting voluntary	income, fundraising
raising funds			trading costs and investment management costs.
Expenditure		on	These comprise the costs incurred by the Charity in the delivery ofits			activities	and
charitable	activities		services in the furtherance ofits objects, including the making Id.	of	grants and
			governance costs.
Grants payable			All grant expenditure is accounted for on an actual paid basis	plus	an	accrual for
			grants that have been approved by the trustees at the end of	the	year but not		yet
			pa
Governance		costs	These include those costs associated with meeting the constitutional			and statutory
			requirements ofthe Charity, including any audit/independent	examination fees,
			costs linked to the strategic management ofthe Charity, together		with a share		of
			other administration costs.
Other expenditure			These are support costs not allocated to a particular activity.

2	Statemen	t	ofFinancial	Activities - prior year
						Unrestricted
						funds	Total funds
						2022	2022
Income and endowments				from:
	Donations		and legacies			6,641	6,641
Total						6,641	6,641
Expenditure		on:
	Other					18,041	18,041
Total						18,041	18,041
Net	income					(11,400)	(11,400)
Net	income before other
gains/(losses)						(11,400)	(11,400)
Other gains and losses:
Net	movement		in funds			(11,400)	(11,400)
Reconciliation			offunds:
Total funds brought forward						17,691	17,691
Total funds carried forward						6,291	6,291
3	Income from donations			and legacies
					Unrestricted	Total	Total
						2023	2022
						E
	Tithes				3,440	3,440	5,270
	Love Offering				2,632	2,632	1,371
					6,072	6,072	6,641
4	Other income
					Unrestricted	Total	Total
						2023	2022
					155	155
					155	155

5	Other ex	pe	ndi	ture
							Unrestricted	Total	Total
								2023	2022
								f
	Employee	costs					1,600	1,600	8,507
	Motor and		travel costs						260
	Premises	costs					6,575	6,575	6,350
	General administrative				costs		734	734	1,984
	Legal and	professional			costs		900	900	940
							9,809	9,809	18,041
6	Staff costs
							2023		2022
	Salaries and		wages				1,600		8,000
							1,600		8,000
	No employee			received	emoluments	in excess ofE60,000.
7	Creditors:
	amounts	falling due within one year
							2023		2022
							6		E
	Trade creditors								940
	Accruals								943
									1,883
8	Movement		in	funds
							Incoming
							resources		At 31
							(including	Resources	March
							other	expended	2023
						At 1April	gains/losses
						2022	)
							6
	Restricted	funds:
	Unrestricted		funds:
	General funds					8,104	6,227	(9,809)	4,522
	Total funds					8,104	6,227	(9,809)	4,522
9	Analysis of		net assets between funds
								Unrestricted
									Total
								funds
								6	F.
	Net current		assets					4,522	4,522
								4,522	4,522

							At 31
				At	1April		March
					2022	Cash flows	2023
					6	f	6
Cash	and	cash	equivalents		8,174	(3,652)	4,522
					8,174	(3,652)	4,522
Net	debt				8,174	(3,652)	4,522

		2023	2022
		f	6
Cash flows from operating	activities
Net expenditure per Statement of Financial Activities		(3,582)	(11,400)
Adjustments for:
Dividends, interest and	rents from investments	(155)
(Decrease)/Increase in	trade and other paya bles	(1,883)	942
Net cash used in operating	activities	(5,620)	(10,458)
Cash flows from investing	activities
Dividends, interest and	rents from investments	155
Net cash from investing activities		155	186
Net cash from financing activities
Net decrease in cash and cash equivalents		(5,465)	(10,272)
Cash and cash equivalents	at the beginning ofthe year	8,174	18,446
Cash and cash equivalents	at the end ofthe year	2,709	8,174
Components ofcash and cash equivalents
Cash and bank balances		4,522	8,174
		4,522	8,174

			Unrestricted
			funds	Total funds	Total funds
			2023	2023	2022
			6	6	E
Income and endowments		from:
Donations and legacies
Tithes			3,440	3,440	5,270
Love Offering			2,632	2,632	1,371
			6,072	6,072	6,641
Other
			155	155
			155	155
Total income and endowments			6,227	6,227	6,641
Expenditure on:
Employee costs
Salaries/wages			1,600	1,600	8,000
Staff welfare					129
Temporary staff					378
			1,600	1,600	8,507
Travel and subsistence					260
					260
Premises costs
Rent			4,620	4,620	4,620
Light, heat and power			1,955	1,955	1,475
Premises repairs and					255
maintenance
			6,575	6,575	6,350
General administrative		costs,
including depreciation	and
amortisation
Bank charges					180
Software, ITsupport	and related		605	605
costs
Sundry expenses			129	129	1,249
Telephone, fax and	broadband				555
			734	734	1,984
Legal and professional	costs
Audit/Independent	examination				940
fees
Accountancy and bookkeeping			900	900
			900	900	940
Total ofexpenditure of		other costs	9,809	9,809	18,041
Total expenditure			9,809	9,809	18,041

Apostolic Faith Mission (UK) International Walsal A Detailed Statement ofFinancial Activities	ssembly
Net gains on investments
Net expenditure	(3,582)	(3,582)	(11,400)
Net expenditure before other gains/(losses)	(3,582)	(3,582)	(11,400)
Other Gains
Net movement in funds	(3,582)	(3,582)	(11,400)
Reconciliation offunds:
Total funds brought forward	8,104	8,104	17,691
Total funds carried forward	4,522	4,522	6,291