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2022-12-31-accounts

Page
Trustees'
Annual
Report
Independent auditor's report to the members 18
Statement of financial activities (including income and
expenditure account) 22
Statement offinancial position 23
Statement ofcash flows 25
Notes to the financial statements 26

Year ended 31 Dece mber 2022
2022 2021
Unrestricted Restricted Church
funds funds premises Total funds Total funds
Note 6 6 6 6
Income and endowments
Donations
and legacies		 4 479,350 46,250 525,600 501,143
Charitable
activities		 5 7,557 7,557 4,536
Investment
income		 6 1,395 1,603 2,998 19
Other 7 735 621,367 622,102 1,447
Total income 489,037 669,220 1,158,257 507,145
Expenditure
Expenditure
on
charitable
activities		 8,9 484,960 303 ~ 485,263 435,090
Total expenditure 484,960 303 485,263 435,090
Net income 4,077 668,917 672,994 72,055
Transfers between funds 14 110,624 (110,624)
Net movement
in		 funds 4,077 779,541 (110,624) 672,994 72,055
Reconciliation
of		 funds 19
Total funds brought forward 285,742 43,694 979,293 1,308,729 1,236,674
Total funds carried forward 289,819 823,235 868,669 1,981,723 1,308,729

31 Decemb er 20 22
2022 2021
Note 5
Fixed assets
Tangible fixed assets 15 868,669 979,293
Current assets
Debtors 16 26,352 21,130
Cash at bank and in hand 1,106,892 320,838
1,133,244 341,968
Creditors: amounts falling due within one year 17 20,190 12,532
Net current assets 1,113,054 329,436
Total assets less current liabilities 1,981,723 1,308,729
Net assets 1,981,723 1,308,729
Funds ofthe charity
Church premises 868,669 979,293
Restricted
funds		 823,235 43,694
Unrestricted funds 289,819 285,742
Total charity funds 19 1,981,723 1,308,729

2022 2021
6 f
Cash flows from operating activities
Net income 672,994 72,055
Adjustments
for:
Profit on disposal ofproperty (621,367)
Dividends,
interest and rents		 from investments (2,998) (19)
Accrued expenses 6,220 (223)
Chengesin:
Trade and other debtors (5,222) 1,281
Trade and other creditors 1,438 331
Cash generated from operations 51,065 73,425
Net cash from operating
activities		 51,065 73,425
Cash flows from investing activities
Dividends,
interest and rents		 from investments 2,998 19
Property
disposal		 proceeds 731,991
Net cash from investing
activities		 734,989 19
Net increase
in		 cash and cash equivalents 786,054 73,444
Cash and cash equivalents at beginning ofyear 320,838 247,394
Cash and cash equivalents at end ofyear 1,106,892 320,838

Unrestricted Restricted Total Funds
Funds Funds 2022
E E E
Donations
General Fund donations 479,350 479,350
Property Fund donations 46,250 46,250
479,350 46,250 525,600
Unrestricted Restricted Total Funds
Funds Funds 2021
E E E
Donations
General Fund donations 462,956 462,956
Property Fund donations 38,187 38,187
462,956 38,187 501,143

5. Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
E E E E
Other income from chadtable activities 7,557 7,557 4,536 4,536
6, Investment income
Unrestricted Restricted Total Funds
Funds Funds 2022
E E E
Income from cash investments 1,395 1,603 2,998
Unrestricted Restricted Total Funds
Funds Funds 2021
E E E
Income from cash investments 17 2 19

Other income
Unrestricted Restricted Total Funds
Funds Funds 2022
E 6 6
Income from other activities 735 735
Profit on disposal ofchurch premises 621,367 621,367
735 621,367 622,102
Unrestricted Restricted Total Funds
Funds
f		 Funds
f		 2021
E
Income from other activities 1,447 1,447

Expenditure
on charitable
activit		 ies
by fund type
Unrestricted Restricted Total Funds
Funds Funds 2022
f E 6
Ministry 231,570 231,570
Mission 77,095 77,095
Designated 15,100 15,100
Programmes 23,419 23,419
Operations 132,376 303 132,679
Supportcosts 5,400 5,400
484,960 303 485,263
Unrestricted Restricted Total Funds
Funds
6		 Funds
f		 2021
6
Ministry 224,694 224,694
Mission 71,457 71,457
Designated 23,887 23,887
Programmes 12,416 12,416
Operations 99,996 99,996
Supportcosts 2,640 2,640
435,090 435,090

Expenditure on charitable
ac		 tivities
by activity type
Activities
undertaken Total funds Total fund
directly
f		 Support costs
6		 2022
6		 2021
6
Ministry 231,570 231,570 224,694
Mission 77,095 77,095 71,457
Designated 15,100 15,100 23,887
Programmes 23,419 23,419 12,416
Operations 132,679 132,679 99,996
Governance costs 5,400 5,400 2,640
479,863 5,400 485,263 435,090

10. Net income Net income
Net income is stated after charging:
2022 2021
6 6
Depreciation
oftangible		 fixed assets
11. Auditors
remuneration
Fees payable to the charity's auditor:
2022 2021
6 6
For the audit ofthe financial statements 5,400
Independent
examination		 fee 2,640
Other non-audit
services		 5,059 4,929
10,459 7,569

Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2022 2021
f 6
Wages and salaries 243,729 229,318
Social security costs 19,727 17,748
Employer contributions to pension plans 7,328 7,310
Other employee
benefits		 3,625
270,784 258,001

Pension Total Total
Remuneration contribution 2022 2021
6 8 f
Rev Gareth Lewis 48,986 3,208 52,194 54,321
Rev Gareth Loh 37,300 932 38,232 34,689
Rev Philip Hammersley 25,750 585 26,335 8,714
Rev lan Randall 13,449 325 13,774
Rev Barnaby Monteiro 4,764
have had e xpenses reimburs ed
as f		 ollows:
2022
6		 2021
f
Travel, subsistence, accommodation and entertaining 6,422 2,118
Printing,
postage, stationery		 and books 1,669 321
Telephone and computer 1,127 500
Caring and youth 605 280
Sundries 3,609 1,518
Total 13,432 4,737

Tangible fixed assets
Freehold Fixtures and
properly
6		 fittings
f		 Equipment
f		 Total
6
Cost
At 1 January 2022 979,293 3,690 9,463 992,446
Disposals (110,624) — — (110,624)
At 31 December 2022 868,669 3,690 9,463 881,822
Depreciation
At 1 January 2022 3,690 9,463 13,153
Charge for the year
At 31December 2022 3,690 9,463 13,153
Carrying
amount
At 31 December 2022 868,669 868,669
At 31 December 2021 979,293 979,293

16. Harpenden
ar
Debtors		 e at leas t equal to their original cost and therefore no depreciation
has bee		 n charged.
2022 2021
E E
Prepayments and accrued income 1,153 1,796
Other debtors 25,199 19,334
26,352 21,130
17. Creditors: amounts falling due within one year
2022 2021
6 6
Accruals and deferred income 12,554 6,334
Social security and other taxes 5,764 5,199
Other creditors 1,872 999
20,190 12,532

Unrestri cted
funds
At At
1 January 31 December
2022 Income Expenditure Transfers 2022
E E E E E
General funds 285,742 489,037 (484,960) 289,819
At At
1 January 31 December
2021 Income Expenditure Transfers 2021
E E E E E
General funds 251,876 468,956 (435,090) 285,742
Restricted funds
At At
1 January 31 December
2022 Income Expenditure Transfers 2022
E E E E E
Church premises 979,293 (110,624) 868,669
Property fund 43,694 669,220 (303) 110,624 823,235
1,022,987 669,220 (303) 1,691,904
At At
1 January 31 December
2021 Income Expenditure Transfers 2021
E E E E E
Church premises 979,293 979,293
Property fund 5,505 38,189 43,694
984,798 38,189 1,022,987

20. Analysis
of net a		 sse ts between
funds
Unrestricted Restricted Total Funds
Funds Funds 2022
E E
Tangible fixed assets 868,669 868,669
Current assets 310,009 823,235 1,133,244
Creditors less than 1 year (20,190) (20,190)
Net assets 289,819 1,691,904 1,981,723
Unrestricted Restricted Total Funds
Funds Funds 2021
E E E
Tangible fixed assets 979,293 979,293
Current assets 298,274 43,694 341,968
Creditors less than 1 year (12,532) (12,532)
Net assets 285,742 1,022,987 1,308,729
21. Analysis ofchanges in net cash
At At
1 January 31December
2022 Cash flows 2022
E E E
Cash at bank and in hand 320,838 786,054 1,106,892