|||Pages|
|---|---|---|
|Trustees'<br>Annual<br>Report||2to4|
|Independent<br>Examiner's|Report||
|Statement<br>of Financial Activities|||
|Balance Sheet|||
|Notes to the Accounts||8 to 15|
|Detailed Statement<br>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<br>between||funds||||||
|Net income|before|other||||||
|gains/(losses)||||80,667|12,803|93,470|62,529|
|Other gains|and losses|||||||
|Net movement<br>in funds||||80,667|12,803|93,470|62,529|
|Reconciliation<br>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<br>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<br>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<br>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<br>on charitable|||activities|||||
|||||||Unrestricted|Total|Total|
||||||||2023|2022|
||Expenditure<br>on charitable||||||||
||activities||||||||
||Worship services|||||8,691|8,691|9,436|
||Outreach|||||8,792|8,792|11,744|
||Governance<br>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,<br>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<br>fee|2,400|2,400|
||Other fees paid to the auditor or|||840|
||independent|examiner|||
|8|Trustee remuneration<br>and expenses||||



|8|Trustee|remuneratio|remuneratio|n<br>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<br>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<br>monthly<br>number<br>of full time|equivalent<br>employees<br>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<br>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)|382,398|
||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<br>c|om|mitments<br>under|non-cancell|able<br>ope|rating<br>leases|rating<br>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<br>between<br>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<br>and legacies||||||||
|Offerings<br>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<br>on:||||||||
|Charitable<br>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<br>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'<br>remuneration||||44,052||44,052|46,477|
|Employer's<br>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<br>—Leasing and hire costs||||6,949||6,949|9,215|
|Vehicles<br>—Fuel||||6,996||6,996|7,409|
|Vehicles<br>—Insurance||and licences||2,398||2,398|2,315|
|Vehicles - Repairs and<br>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<br>Ministries<br>Limited|||||
|---|---|---|---|---|
|Detailed Statement<br>of Financial Activities|||||
|Depreciation<br>of Computer<br>equipment|5,993||5,993|6,621|
|Bank charges|1,989|107|2,096|2,021|
|Equipment<br>repairs and|664||664|784|
|maintenance|||||
|General<br>insurances|387||387|704|
|Stationery<br>and printing|1,624||1,624|914|
|Sundry expensds|555||555|1,448|
|Telephone,<br>fax and broadband|2,502||2,502|2,082|
||13,714|107|13,821|14,574|
|Legal and professional<br>costs|||||
|Audit/Independent<br>examination<br>fees|2,400||2,400|2,400|
|Accountancy<br>and bookkeeping||||840|
|Other legal and professional<br>costs|2,266||2,266|17,654|
||4,666||4,666|20,894|
|Total of expenditure<br>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<br>in funds|80,667|12,803|93,470|62,529|
|Reconciliation<br>offunds:|||||
|Total funds brought<br>forward|113,919|175,009|288,928|226,399|
|Total funds carried forward|194,586|187,812|382,398|288,928|