||||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|
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|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|
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|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|||||||
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|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|