2023-03-31-accounts

		Pages
Trustees' Annual Report		2to4
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts		8 to 15
Detailed Statement of Financial Activities		16to 17

for the year	ended	31March	2023
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
				2023	2023	2023	2022
			Notes	E	E	E	f
Income and	endowments
from:
Donations	and legacies			408,892	12,910	421,802	364,683
Other				787		787	387
Total				409,679	12,910	422,589	365,070
Expenditure	on:
Charitable	activities			17,483		17,483	21,180
Other				311,529	107	311,636	281,361
Total				329,012	107	329,119	302,541
Net gains on	investments
Net income				80,667	12,803	93,470	62,529
Transfers between		funds
Net income	before	other
gains/(losses)				80,667	12,803	93,470	62,529
Other gains	and losses
Net movement in funds				80,667	12,803	93,470	62,529
Reconciliation offunds:
Total funds brought		forward		113,919	175,009	288,928	226,399
Total funds carried		forward		194,586	187,812	382,398	288,928

at 31March 20	23	23	23
Company No.	09565444			Notes	2023	2022
						f
Fixed assets
Tangible assets				10	25,131	26,482
					25,131	26,482
Current assets
Debtors					96	590
Cash at bank	and		in hand		363,129	266,665
					363,225	267,255
Creditors: Amount		falling due within one year		12	(5,958)	(4,809)
Net current assets					357,267	262,446
Total assets less	current liabilities				382,398	288,928
Net assets excluding			pension asset or liability		382,398	288,928
Total net assets					382,398	288,928
The funds ofthe	charity
Restricted funds				13
Restricted income			funds		187,812	175,009
					187,812	175,009
Unrestricted funds				13
General funds					194,586	113,919
					194,586	113,919
Reserves				13
Total funds					382,398	288,928

					Unrestricted	Restricted	Total	Total
							2023	2022
	Offerings and	tithes			349,570	12,910	362,480	306,624
	Gift aid				59,322		59,322	25,854
	Grants							32,205
					408,892	12,910	421,802	364,683
4	Other income
						Unrestricted	Total	Total
							2023	2022
	Sundry income					787	787	387
						787	787	387
5	Expenditure on charitable			activities
						Unrestricted	Total	Total
							2023	2022
	Expenditure on charitable
	activities
	Worship services					8,691	8,691	9,436
	Outreach					8,792	8,792	11,744
	Governance costs
						17,483	17,483	21,180
6	Other expenditure
					Unrestricted	Restricted	Total	Total
							2023	2022
	Other interest	payable						300
	Employee costs				191,995		191,995	164,246
	Motor and travel costs				22,946		22,946	23,026
	Premises costs				78,201		78,201	58,321
	Amortisation,	depreciation,
	impairment, profit/loss		on		5,993		5,993	6,621
	disposal offixed assets
	General administrative		costs		7,721	107	7,828	7,953
	Legal and professional		costs		4,666		4,666	20,894
					311,529	107	311,636	281,361

7	Net income	before transfers
			2023	2022
	This is stated	after charging:
	Depreciation	ofowned fixed assets	5,993	6,621
	Independent	Examiner's fee	2,400	2,400
	Other fees paid to the auditor or			840
	independent	examiner
8	Trustee remuneration and expenses

8	Trustee	remuneratio	remuneratio	n and e	xpenses	xpenses	xpenses
	One or	more ofthe		trustees	has been paid remuneration			in the current or prior periods.
										Other
	Trustee						Remuneration		Pension	benefits
	N. Anthonipillai						44,052		3,600	3,661
									2023		2022
									Number		Number
	Number	oftrustees		paid expenses
	The nature of		the reimbursed		expenses		Travel costs associated with ministry.
9	Staff costs
									2023		2022
	Salaries	and wages							161,521		137,819
	Social security		costs						13,088		11,063
	Pension	costs							9,372		4,797
									183,981		153,679
	No employee		received emoluments			in excess off60,000.

The average monthly number of full time	equivalent employees during the year was as	follows:
	2023	2022
	Number	Number
Administration
Ministry

					Computer	Total
					equipment
	Cost or revaluation
	At 1April 2022				60,241	60,241
	Additions				4,642	4,642
	At 31March	2023			64,883	64,883
	Depreciation	and
	impairment
	At 1April 2022				33,759	33,759
	Depreciation	charge for the			5,993	5,993
	year
	At 31March	2023			39,752	39,752
	Net book values
	At 31March	2023			25,131	25,131
	At 31March	2022			26,482	26,482
11	Debtors
				2023		2022
				f		f
	Prepayments	and accrued income				590
				96		590
12	Creditors:
	amounts falling due within		one year
				2023		2022
	Other creditors			2,328		1,014
	Accruals			3,630		3,795
				5,958		4,809

								Incoming
								resources		At 31
								(including	Resources	March
								other	expended	2023
							At 1April	gains/losses
							2022	)
								f
	Restricted	funds:
	Restricted		income funds:
	Building fund						175,009	12,910	(107)	187,812
	Total						175,009	12,910	(107)	187,812
	Unrestricted			funds:
	General funds						113,919	409,679	(329,012)	194,586
	Total funds						288,928	422,589		329,119)
	Purposes	and		restrictions	in relation to the funds:
	Restricted	funds:
	Building fund					For the purchase	ofthe charity's	own building.
14	Analysis of		net assets between			funds
								Unrestricted	Restricted
										Total
								funds	funds
	Fixed assets							25,131		25,131
	Net current		assets					169;454	187,813	357,267
								194,585	187,813	382,398
15	Reconciliation			ofnet debt
										At 31
								At 1April		March
								2022	Cash flows	2023
	Cash and	cash		equivalents				266,665	96,464	363,129
								266,665	96,464	363,129
	Net debt							266,665	96,464	363,129

Annual c	om	mitments under	non-cancell	able ope	rating leases	rating leases	are as follows:
					2023		2023	2022	2022
					Land and			Land and
							Other		Ot:her
					buildings			buildings
						f		f
Operating		leases with expiry date:
Within	one year								4,108
									4,108
Pension commitments
							2023		2022
									f
The pension cost charge to			the company
amounted		to:					9,372		4,797
Related party disclosures
Name of	related party		Bishop A	Anthonipillai
Description ofrelationship between the parties			Husband	of Rev N	Anthonipillai
			Gross wages off45,762 (2022:				f44,787),
Description		oftransaction	employer	pension	contributions		orf3,600
and general		amounts	(2022:f3,400) and		benefits	in kind with a
involved			value off4,807 (2022:f5,735)
Controlling		party

				Unrestricte	Restricted
				d funds	funds	Tota I funds	Total funds
				2023	2023	2023	2022
				f	f
income and endowments			from:
Donations and legacies
Offerings and tithes				349,570	12,910	362,480	306,624
Gift aid				59,322		59,322	25,854
Grants							32,205
				408,892	12,910	421,802	364,683
Other
Sundry income				787		787	387
				787		787	387
Total income and	endowments			409,679	12,910	422,589	365,070
Expenditure on:
Charitable activities
Worship services				8,691		8,691	9,436
Outreach				8,792		8,792	11,744
				17,483		17,483	21,180
Total of expenditure activities		on charitable		17,483		17,483	21,180
Other expenditure
Other interest	payable						300
							300
Employee costs
Salaries/wages				117,469		117,469	91,342
Directors' remuneration				44,052		44,052	46,477
Employer's NIC				13,088		13,088	11,063
Pension costs				9,372		9,372	4,797
Staff welfare				8,014		8,014	10,567
				191,995		191,995	164,246
Motor and travel costs
Vehicles —Leasing and hire costs				6,949		6,949	9,215
Vehicles —Fuel				6,996		6,996	7,409
Vehicles —Insurance		and licences		2,398		2,398	2,315
Vehicles - Repairs and maintenance				6,603		6,603	4,087
				22,946		22,946	23,026
Premises costs
Rent				78,201		78,201	58,321
				78,201		78,201	58,321

Faith Church Ministries Limited
Detailed Statement of Financial Activities
Depreciation of Computer equipment	5,993		5,993	6,621
Bank charges	1,989	107	2,096	2,021
Equipment repairs and	664		664	784
maintenance
General insurances	387		387	704
Stationery and printing	1,624		1,624	914
Sundry expensds	555		555	1,448
Telephone, fax and broadband	2,502		2,502	2,082
	13,714	107	13,821	14,574
Legal and professional costs
Audit/Independent examination fees	2,400		2,400	2,400
Accountancy and bookkeeping				840
Other legal and professional costs	2,266		2,266	17,654
	4,666		4,666	20,894
Total of expenditure of other costs	311,529	107	311,636	281,361
Total expenditure	329,012	107	329,119	302,541
Net gains on investments
Net income	80,667	12,803	93,470	62,529
Net income before other
gains/(losses)	80,667	12,803	93,470	62,529
Other Gains
Net movement in funds	80,667	12,803	93,470	62,529
Reconciliation offunds:
Total funds brought forward	113,919	175,009	288,928	226,399
Total funds carried forward	194,586	187,812	382,398	288,928