| Pages | |||
|---|---|---|---|
| Trustees' Annual Report |
2to3 | ||
| Independent Examiner's |
Report | ||
| Statement of Financial Activities | |||
| Summary Income and Expenditure |
Account | ||
| Balance Sheet | |||
| Statement ofCashflows | |||
| Notes to the Accounts | 9to11 |
| forthe year | end | ed 31July 202 | 3 | |||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| 2023 | 2023 | 2022 | ||||
| Notes | f | E | E | |||
| Income and | endowments | |||||
| from: | ||||||
| Donations | and | legacies | 60,891 | 60,891 | 22,121 | |
| Other | 213 | |||||
| Total | 60,891 | 60,891 | 22,334 | |||
| Expenditure | on: | |||||
| Raising funds | 14,553 | 14,553 | 3,675 | |||
| Charitable | activities | 27,826 | 27,826 | |||
| Other | 41,375 | 41,375 | 18,741 | |||
| Total | 83,754 | 83,754 | 22,416 | |||
| Net gains on | investments | |||||
| Net expenditure | (22,863) | (22,863) | (82) | |||
| Transfers between funds |
||||||
| Net expenditure gains/(losses) |
before other | (22,863) | (22,863) | (82) | ||
| Other gains | and | losses | ||||
| Net movement | in funds | (22,863) | (22,863) | (82) | ||
| Reconciliation offunds: | ||||||
| Total funds brought forward | 23,694 | 23,694 | 23,776 | |||
| Total funds carried forward | 831 | 831 | 23,694 |
| 2023 | 2022 | ||
|---|---|---|---|
| E | f | ||
| Income | 60,891 | 22,334 | |
| Gross income forthe year | 60,891 | 22,334 | |
| Expenditure | 83,754 | 22,416 | |
| Total expenditure | for the year | 83,754 | 22,416 |
| Net expenditure | before tax for the year | (22,863) | (82) |
| Net expenditure | for the year | (22,863) | (82) |
| Current assets | ||
|---|---|---|
| Debtors | ||
| Cash at bank and in hand | ||
| Creditors: Amount | falling due within ene~ | |
| Net current assets | ||
| Total assets less cu | rrent liabilities | |
| Net assets exduding | pension asset or | |
| Tetai net assets |
| 2023 | 2022 | ||
|---|---|---|---|
| f | f | ||
| Cash flows from operating activities |
|||
| Net expenditure per Statement ofFinancial |
Activities | (22,863) | (82) |
| Adjustments for: |
|||
| Decrease in trade and other receivables | 25,275 | ||
| (Decrease)/Increase in trade and other payables |
(2,100) | 600 | |
| Net cash provided by operating activities |
312 | 305 | |
| Net cash from investing activities |
213 | ||
| Net cash from financing activities |
|||
| Net increase in cash and cash equivalents | 312 | 518 | |
| Cash and cash equivalents at the beginning |
ofthe year | 518 | |
| Cash and cash equivalents atthe end ofthe year |
830 | 519 | |
| Components ofcash and cash equivalents |
|||
| Cash and bank balances | 830 | 518 | |
| 830 | 518 |
| Fund accoun | Fund accoun | ting | ting | |||||
|---|---|---|---|---|---|---|---|---|
| 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 of investment 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 ofany 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 | of | fixed | at the end ofthe year. | |||||
| assets | ||||||||
| Gains/(losses) | on | This includes any gain or loss on the sale of investments. |
||||||
| investment | assets |
| income fr | om donations and legacies |
|||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| 2023 | 2022 | |||
| Donations tithes and |
received from offerings |
43,861 | 43,861 | 22,121 |
| Gift aid | 17,030 | 17,030 | ||
| 60,891 | 60,891 | 22,121 |
| Unrestricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| Costs ofgenerating | voluntary | |||||||
| income | ||||||||
| Donations received tithes and offerings |
from | 14,553 | 14,553 | 3,675 | ||||
| 14,553 | 14,553 | 3,675 | ||||||
| 4 | Expenditure | on charitable | activities | |||||
| Unrestricted | Total | Total | ||||||
| 2023 | 2022 | |||||||
| Expenditure | on charitable | |||||||
| activities | ||||||||
| 27,826 | 27,826 | |||||||
| Governance | costs | |||||||
| 27,826 | 27,826 | |||||||
| 5 | Other expenditure | |||||||
| Unrestricted | Total | Total | ||||||
| 2023 | 2022 | |||||||
| Ministry support | 23,175 | 23,175 | 13,796 | |||||
| Motor and | travel costs | 4,636 | 4,636 | 39 | ||||
| Premises costs | 4,938 | 4,938 | 2,900 | |||||
| General administrative | costs | 7,666 | 7,666 | 993 | ||||
| Legal and professional | costs | 960 | 960 | 1,013 | ||||
| 41,375 | 41,375 | 18,741 |
| forthe year ended 3 | 1Ju | ly 202 | 3 | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||
| funds | Total funds | Total funds | |||||
| 2023 | 2023 | 2022 | |||||
| Income and endowments | from: | ||||||
| Donations and legacies |
|||||||
| Donations received and offerings |
from tithes | 43,861 | 43,861 | 22,121 | |||
| Gift aid | 17,030 | 17,030 | |||||
| 60,891 | 60,891 | 22,121 | |||||
| Other | |||||||
| 213 | |||||||
| 213 | |||||||
| Total income and endowments | 60,891 | 60,891 | 22,334 | ||||
| Expenditure on: |
|||||||
| Costs ofgenerating donations |
and | ||||||
| legacies | |||||||
| Donations received and offerings |
from tithes | 14,553 | 14,553 | 3,675 | |||
| 14,553 | 14,553 | 3,675 | |||||
| Total ofexpenditure funds |
on | raising | 14,553 | 14,553 | 3,675 | ||
| Charitable activities |
|||||||
| 27,826 | 27,826 | ||||||
| 27,826 | 27,826 | ||||||
| Total ofexpenditure activities |
on | charitable | 27,826 | 27,826 | |||
| Other expenditure | |||||||
| Ministry support | 23,175 | 23,175 | 13,796 | ||||
| 23,175 | 23,175 | 13,796 | |||||
| Motor and travel costs | |||||||
| Travel and subsistence | 4,636 | 4,636 | 39 | ||||
| 4,636 | 4,636 | 39 | |||||
| Premises costs | |||||||
| Rent | 4,900 | 4,900 | 2,900 | ||||
| Premises repairs and maintenance |
38 | 38 | |||||
| 4,938 | 4,938 | 2,900 | |||||
| General administrative | costs, | ||||||
| including depreciation |
and | ||||||
| amortisation | |||||||
| Equipment expensed |
560 | ||||||
| General insurances | 1,762 | 1,762 | 273 |
| Restoration Youth Ministry |
|||
|---|---|---|---|
| Detailed Statement ofFinancial Activities | |||
| Postage and couriers | 40 | 40 | |
| Software, ITsupport and related costs |
3,250 | 3,250 | 115 |
| Sundry expenses | 2,110 | 2,110 | 45 |
| Telephone, fax and broadband |
504 | 504 | |
| 7,666 | 7,666 | 993 | |
| Legal and professional costs |
|||
| Accountancy and bookkeeping |
960 | 960 | 800 |
| Other legal and professional | 213 | ||
| costs | |||
| 960 | 960 | 1,013 | |
| Total ofexpenditure ofother costs |
41,375 | 41,375 | 18,741 |
| Total expenditure | 83,754 | 83,754 | 22,416 |
| Net gains on investments | |||
| Net expenditure | (22,863) | (22,863) | (82) |
| Net expenditure before other gains/(losses) |
(22,863) | (22,863) | (82) |
| Other Gains | |||
| Net movement in funds |
(22,863) | (22,863) | (82) |
| Reconciliation offunds: | |||
| Total funds brought forward | 23,694 | 23,694 | 23,776 |
| Total funds carried forward | 831 | 831 | 23,694 |