2023-03-31-accounts

CONTENTS		PAGE
Legal &Administration	Information
Report ofthe Leadership	Team	2-4
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Accounts		8-12
Appendices

				Period Ended	Period Ended	Period Ended	Period Ended	Year Ended
Notes				31"Mar 2023		31*'Mar 2023	31"Mar 2023	31"Dec 2021
					Unrestricted	Restricted	Total	Total
					Funds	Funds	Funds	Funds
					f,
Incoming	Resources
from generated funds
Donations	and offerings			3	80,566	1,950	82,516	61,091
Activities	for Generating		funds
Specific Fellowship		Activities
Other Income								9,715
					80566	1 950	82 516	70 806
Resources	Expended
Specific Fellowship
Activities				5	69,973		69,973	60,646
Gifts				5		1,950	1,950	11,523
Governance	costs			6	7229	48	7277	5 140
					77202	1 998	79200	77 309
Net (Outgoing)/incoming			resources		3,364	(48)	3,316	(6,503)
Total funds	brought	forward		13	20957	1 708	22 665	29 168
Total funds	carried
Forward before transfers				13	24 321	1 660	25 981	22 665
Transfers between		funds		13	1,160	(1,160)
Total funds	carried
Forward after transfers				13	25 481	500	25 981	22 665

					31"Mar		31*'Dec
					2023		2021
Fixed Assets
Tangible	Assets				3,854		6,990
Current	Assets
Debtors			10	9,071		11,525
Cash at bank and in		hand		15 746		7 864
				24,817		19,389
Creditors	amounts	falling
due within one Period				2 690		3 714
Net current assets/(liabilities)					22 127		15 675
Total net	assets less current liabilities				25 981		22 665
Funds
Restricted	funds		13		500		1,708
Unrestricted funds			13		25 481		20 957
					25 981		22 665

3.	Donations an	d off	eri	ngs
									31"March	31"December
						Unrestricted		Restricted	2023	2021
						General			Total	Total
							f,
	Offerings and	GiAs					66,583	1,950	68,533	55,857
	Envelope Scheme Collection						13983		13983	5 234
							80 566	1 950	82 516	61091
	Income from	Specific Fellowship				Activities
	The income is represented				as follows:-
									31"March	31"December
						Unrestricted		Restricted	2023	2021
						General			Total	Total
	Sales ofBibles &books
	Baptism's and Christmas				events
	Camps & Children's			Day
	Other
5.	Expenses relating		to Specific Fellowship				Activities
									31"March	31"December
						Unrestricted		Restricted	2023	2021
						General			Total	Total
										f,
	Outreach Ministry		Donations				17,557		17,557	19,950
	Sundry Expenses						204		204	178
	People in Need							875	875	1,414
	Evangelism							1,075	1,075	10,109
	Local Charity
	Sunday school						280		280
	Books
	Outings &refreshments						632		632	141
	Stipends (see	note	8)				22,815		22,815	19,130
	Pensions						1,045		1,045	1,025
	PA &Multimedia						895		895	1,002
	Advertising
	Rent						20,510		20,510	9,753
	Guest Speakers						999		999	1,606
	Premises costs &Capital				expenses		1,270		1,270	4,232
	Training									191
	(Profit)/Loss	on disposal			ofassets		255		255
	Depreciation						3511		3511	3437
							69973	1 950	71923	72 168

					31"March	31"December
			Unrestricted		2023	2021
			General	Restricted	Total	Total
			f,	f,	f,
Bank charges			249	48	297	146
Accountancy		fees	720		720	720
Telephone			1,640		1,640	1,123
Car expenses			3,741		3,741	2,750
Cleaning	expenses		879		879	401
			7 229	48	7277	5 140

The net mov	ement in fun	ds for the P	eriod is stated afier chargi	ng:
				31*'March	31"December
				2023f	2021
Depreciation	oftangible	fixed assets	—for use
by the Fellowship				3,511	3,437
(Profit)/Loss	on disposal	oftangible	fixed assets	255
Independent	examination	fees		720	720

received stipends and	other expenses during the Perio	d as follows:-
		31"March	31"December
		2023	2021
Stipends:
Pastor. Kanagaratnam	Joseph	12,639	10,500
Brother ARI Mahendrarajah		2,400	1,920
Pastor Charles Addoco		4,950	3,000
Social security and other taxes		2 826	3 710
		22 816	19 130

					Fixtures	Total
					dk Fittings
	Cost
	At 1 January	2022			18,583	18,583
	Additions Disposals				1,589 ~1248	1,589 ~1248
	At 31"March	2023			18924	18924
	Accumulated At 1"January	Depreciation 2022			11,593	11,593
	Charge for the period Eliminated on disposal				3,511 ~34	3,511 ~34
	At 31"March	2023			15070	15 070
	Net book value
	At 31"March	2023			3 854	3 854
	At 31"December 2021				6 990	6 990
10.	Debtors
					31"March	31"December
					2023	2021
	Debtors				8,985	11,303
	Prepayments	and accrued income			86	222
					9071	11525
11.	Creditors: Amounts		falling due within	one Period
					31"March	31"December
					2023 f,	2021f
	Creditors
	Accruals &other creditors				2690	3 714
					2 690	3714

Analysis ofNet Assets betwee	n Funds
			31"March	31"December
	General	Restricted	2023	2021
	Fund	Fund	Total	Total
	f,
Tangible fixed assets	3,854		3,854	6,990
Current assets	24,317	500	24,817	19,389
Current liabilities	(2,690)		(2,690)	(3,714)
Long term liabilities
	25 481	500	25 981	22 665

		At 1"	Incoming	Outgoing	Transfers	At 31"
		Jan 2022	Resources	Resources		Mar 2023
Restricted Funds
Outreach Ministry			1,075	(1,075)
People in Need		1,708	875	(875)	(1,208)	500
Specific Fellowship Governance Costs	Activities			~48	48
		1 708	1 950	~1998	~1160	500
Unrestricted funds
General fund		20 957	80 566	~77 202	1 160	25 481
		22 665	82 516	~79200	-	25 981

Gifts —Worldwide
Outreach Ministry	16,976
People In Need
Evangelism (ECF)
	16976
Gifts —Local
Covid-19
People in Need