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