| Page | |||||
|---|---|---|---|---|---|
| Reference and administrative | details | ||||
| Report ofthe trustees | 2 | to | 8 | ||
| Report ofthe independent auditors |
9 | to | 11 | ||
| Statement offinancial | activities | 12 | |||
| Statement offinancial | position | 13 | |||
| Statement ofcash flows | 14 | ||||
| Notes to the statement | ofcash | flows | 15 | ||
| Notes to the flinancial | statements | 16 | to | 22 | |
| Detailed statement of | financial | activities | 23 | to | 24 |
| Central Charge | Midlands | Charge | North Charge | South Charge |
|---|---|---|---|---|
| 1.Cambridge | 1.Coventry | 1.Leeds | 1.Chelmsford | |
| 2.Hatfield | 2.Birmingham | 2.Manchester | 2.London | |
| 3.Leicester | 3.Wolverhampton | 3.Sheffield | 3.Portsmouth | |
| 4.Luton | 4.Bristol | 4.Newcastle | 4.Slough | |
| 5.Northampton | 5.Crewe | |||
| 6.Nottingham | ||||
| 7.Oxford |
| FO | R THE Y | EAR ENDED 31STDEC | EMBER 2022 | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Total | ||||||
| fund | funds | ||||||
| Notes | 8 | ||||||
| INCOME | AND ENDOWMENTS | FROM | |||||
| Donations | and legacies | 820,744 | 904,317 | ||||
| Investment | income | 1,052 | 1612 | ||||
| Total | 821,796 | ~905935 | |||||
| EXPENDITURE | ON | ||||||
| Raising funds | 15,580 | 2,987 | |||||
| Charitable | activities | ||||||
| Direct charitable activity |
124,711 | 114,517 | |||||
| Support charitable | activity | 148,938 | 103,357 | ||||
| Governance | 9,120 | 9,120 | |||||
| Evangelism | and stewardship | 235 285 | 144,854 | ||||
| Total | 533,634 | 374,835 | |||||
| NKT INCOME | 288,162 | 531,100 | |||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds | brought | forward | 2,809,728 | 2,278,628 | |||
| TOTAL FUNDS CARRIED FORWARD | 3,097,890 | ~2809 728 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Total | Total | |||
| funds | funds | |||
| Notes | ||||
| FIXEDASSETS | ||||
| Tangible assets | 544,241 | 348,776 | ||
| CURRENT ASSETS | ||||
| Debtors | 12 | 67,400 | 80,438 | |
| Cash at bank | 2,496,602 | ~2390503 | ||
| 2,564,002 | 2,470,941 | |||
| CREDITORS | ||||
| Amounts falling due within |
one year | 13 | (10,353) | (9,989) |
| NET CURRENT ASSETS | 2,553,649 | 2,460,952 | ||
| TOTAL ASSETSLESSCURRENT | ||||
| LIABILITIES | 3,097,890 | 2,809,728 | ||
| NET ASSETS | 3,097,890 | 2,809,728 | ||
| FUNDS | 14 | |||
| Unrestricted funds |
3,097,890 | 2,809,728 | ||
| TOTAL FUNDS | 3,097,890 | 2 809 728 |
| U | NITED METHODIST CHUR H UK |
NITED METHODIST CHUR H UK |
NITED METHODIST CHUR H UK |
||||
|---|---|---|---|---|---|---|---|
| STATEMENT OFCASH FLOWS | |||||||
| FOR THE | YEAR ENDED | 31STDECEMBER 2022 | |||||
| 2022 | 2021 | ||||||
| Notes | |||||||
| Cash flows from operating | activities | ||||||
| Cash generated from |
operations | 312,745 | 528,136 | ||||
| Net cash provided by |
operating activities |
312,745 | 528 136 | ||||
| Cash flows from investing | activities | ||||||
| Purchase oftangible | fixed | assets | (207,698) | (351,627) | |||
| Interest received | 1,052 | I 618 | |||||
| Net cash used in investing | activities | 206646 | ~350009) | ||||
| Change in cash and |
cash | equivalents | in | ||||
| the reporting period |
106,099 | 178,127 | |||||
| Cash and cash equivalents | at the | ||||||
| beginning ofthe reporting |
period | 2 390303 | 2 212 376 | ||||
| Cash and cash equivalents | at the end of | ||||||
| the reporting period |
2 ~96602 | 2,390,503 |
| RECONCILIATIO | N OF NE |
T INCOME TO NET CASH FLOW FROM | OPERATING AC | TIVITIES |
|---|---|---|---|---|
| 2022 | 2021 | |||
| Net income for the | reporting | period (as per the Statement oftinancial | ||
| activities) | 288,162 | 531,100 | ||
| Adjustments for: |
||||
| Depreciation charges |
12,233 | 8,427 | ||
| Interest received | (1,052) | (1,618) | ||
| Decrease/(increase) | in debtors | 13,038 | (10,002) | |
| Increase in creditors | 364 | 229 | ||
| Net cash provided | by operations | 312,745 | 528,136 |
| ANALYSIS OFCHANGES IN NET | FUNDS | ||
|---|---|---|---|
| At 1.1.22 | Cash flow | At 31.12.22 | |
| g | |||
| Net cash | |||
| Cash at bank | 2,390,503 | 106,099 | 2,496,602 |
| 2,390,503 | 106,099 | 2,496,602 | |
| Total | 2,390,503 | 106,099 | 2,496,602 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 8 | |||||
| Tithes and offerings | 728,032 | 796,187 | |||
| Special fund donations | 15,777 | 21,465 | |||
| Gift aid | 76935 | ~86665 | |||
| 820,744 | 904,317 | ||||
| INVESTMKNT | INCOME | ||||
| 2022 | 2021 | ||||
| Deposit account interest | 1,052 | 1 618 | |||
| RAISING FUNDS | |||||
| RAISING DONATIONS | AND LEGACIES | ||||
| 2022 | 2021 | ||||
| Hire charges | 2,890 | 360 | |||
| Catering &entertainment | 10,112 | 225 | |||
| Other office costs | 2,578 | 2,402 | |||
| 15,580 | 2,987 | ||||
| CHARITABLE | ACTIVITIES COSTS | ||||
| Direct | Support | ||||
| Costs (see | costs (see | ||||
| note 6) | note 7) | Totals | |||
| Direct charitable | activity | 124,711 | 124,711 | ||
| Support charitable | activity | 148,002 | 936 | 148,938 | |
| Governance | 9,120 | 9,120 | |||
| Evangelism and stewardship |
235 285 | 235,285 | |||
| 507,998 | 10,056 | ~518054 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| 8 | ||||||||
| Staffcosts | 70,502 | 56,456 | ||||||
| Rates and water | 6,222 | 3,519 | ||||||
| Insurance | 5,013 | 3,815 | ||||||
| Light and heat | 2,569 | 3,542 | ||||||
| Telephone | 5,589 | 5,967 | ||||||
| Postage and | stationery | 834 | 2,800 | |||||
| Other office | costs | 18,499 | 20,300 | |||||
| Laytraining | 576 | 412 | ||||||
| Legal and professional | fees | 7,124 | 5,849 | |||||
| Special fund | expenses | 15,777 | 23,073 | |||||
| Rent | 104,663 | 80,761 | ||||||
| Motor dt travel costs | 23,112 | 1,146 | ||||||
| Evangelism | and stewardship | 235,285 | 144,854 | |||||
| Depreciation | 12233 | 8,427 | ||||||
| 507,998 | 360,921 | |||||||
| SUPPORT | COSTS | |||||||
| Governance | ||||||||
| Finance | costs | Totals | ||||||
| 8 | 8 | |||||||
| Support charitable | activity | 936 | 936 | |||||
| Governance | 9,120 | 9,120 | ||||||
| 936 | 9, 120 | 10,056 | ||||||
| Support costs, included | in the above, | are as follows: | ||||||
| 2022 | 2021 | |||||||
| Support | ||||||||
| charitable | Total | Total | ||||||
| activity | Governance | activities | activities | |||||
| 8 | 8 | |||||||
| Bank charges | 936 | 936 | 1,159 | |||||
| Website expenses | 648 | |||||||
| Auditors' remuneration |
9,120 | 9 120 | 9 120 | |||||
| 936 | 9 | 120 | 10056 | 10,927 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Auditors' | remuneration | 9,120 | 9,120 | ||
| Depreciation | —owned | assets | 12,233 | 8,427 |
| 2022 | 2021 | ||
|---|---|---|---|
| 8 | |||
| Wages | and salaries | 69,289 | 55,491 |
| Other | pension costs | 1,213 | 965 |
| ~70 502 | 56456 |
| The average monthly number ofem |
ployees during the year was |
as follows: | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Pastors and administrators | 4 | 4 | ||
| No employees received emoluments |
in excess of I',60,000. | |||
| TANGIBLE FIXEDASSETS | ||||
| Fixtures | ||||
| Freehold | Plant and | and | ||
| property | machinery | fittings | Totals | |
| COST | ||||
| At 1st January 2022 | 351,627 | 34,759 | 5,363 | 391,749 |
| Additions | 207 698 | 207,698 | ||
| At 31st December 2022 | 559,325 | 34,759 | 5,363 | 599,447 |
| DEPRECIATION | ||||
| At 1st January 2022 | 7,033 | 32,076 | 3,864 | 42,973 |
| Charge for year | 11,187 | 671 | 375 | ~12233 |
| At 31stDecember 2022 | 18,220 | 32747 | 4,239 | 55,206 |
| NET BOOK VALUE | ||||
| At 31stDecember 2022 | 541,105 | 2,012 | 1,124 | 544,241 |
| At 31stDecember 2021 | 344 594 | ~2683 | ~1499 | 348 776 |
| 12. | DEBTORS: | A | MOUNTS FA | LL | ING DUK WITHIN ONK Y | EAR | ||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| 8 | ||||||||
| HMRC - Gift | aid | 67,400 | 80,438 | |||||
| 13. | CREDITORS: | AMOUNTS FALLING DUK WITHIN ONE | YEAR | |||||
| 2022 | 2021 | |||||||
| Social security | and other taxes | 1,234 | 838 | |||||
| Other creditors | 9,119 | 9,119 | ||||||
| Pensions | 32 | |||||||
| 10,353 | 9,989 | |||||||
| 14. | MOVKMKNT | IN FUNDS | ||||||
| Net | ||||||||
| movement | At | |||||||
| At 1.1.22 | in funds | 31.12.22 | ||||||
| 8 | ||||||||
| Unrestricted | funds | |||||||
| General fund | 2,809,728 | 288,162 | 3,097,890 | |||||
| TOTAL FUNDS | 2,809,728 | 288,162 | 3 097 890 | |||||
| Net movement | in funds, included | in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| 8 | ||||||||
| Unrestricted | funds | |||||||
| General fund | 821,796 | (533,634) | 288,162 | |||||
| TOTAL FUNDS | 821,796 | ~533634) | ~288 162 | |||||
| Comparatives | for movement | in | funds | |||||
| Net | ||||||||
| movement | At | |||||||
| At 1.1.21 | in funds | 31.12.21 | ||||||
| 8 | ||||||||
| Unrestricted | funds | |||||||
| General fund | 2,278,628 | 531,100 | 2,809,728 | |||||
| TOTAL FUNDS | 2278628 | 331100 | 2809728 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| g | |||||
| Unrestricted | funds | ||||
| General | fund | 905,935 | (374,835) | 531,100 | |
| TOTAL | FUNDS | 905,935 | ~374835 | 531,100 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.1.21 | in funds | 31.12.22 | ||
| g | ||||
| Unrestricted | funds | |||
| General fund | 2,278,628 | 819,262 | 3,097,890 | |
| TOTAL FUNDS | 2,278,628 | 819,262 | 3,097,890 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| g | ||||
| Unrestricted | funds | |||
| General fund | 1,727,731 | (908,469) | 819,262 | |
| TOTAL FUNDS | 1,727,731 | ~908469) | ~819262 |
| DETAILED STATEME T F Fl FOR THK YEAR K DED I |
AN IAL ACTIVITIES T DECEMBER 2022 |
||
|---|---|---|---|
| 2022 | 2021 | ||
| 8 | |||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Tithes and offerings | 728,032 | 796,187 | |
| Special fund donations | 15,777 | 21,465 | |
| Gift aid | 76,935 | 86 665 | |
| 820,744 | 904,317 | ||
| Investment income |
|||
| Deposit account interest | 1,052 | 1,618 | |
| Total incoming resources |
821,796 | 905,935 | |
| EXPENDITURE | |||
| Raising donations and |
legacies | ||
| Hire charges | 2,890 | 360 | |
| Catering k entertainment | 10,112 | 225 | |
| Other office costs | 2,578 | 2,402 | |
| 15,580 | 2,987 | ||
| Charitable activities |
|||
| Wages | 69,289 | 55,491 | |
| Pensions | 1,213 | 965 | |
| Rates and water | 6,222 | 3,519 | |
| Insurance | 5,013 | 3,815 | |
| Light and heat | 2,569 | 3,542 | |
| Telephone | 5,589 | 5,967 | |
| Postage and stationery | 834 | 2,800 | |
| Other office costs | 18,499 | 20,300 | |
| Laytraining | 576 | 412 | |
| Legal and professional | fees | 7,124 | 5,849 |
| Special fund expenses | 15,777 | 23,073 | |
| Rent | 104,663 | 80,761 | |
| Motor Er.travel costs | 23,112 | 1,146 | |
| Evangelism and stewardship |
235,285 | 144,854 | |
| Depreciation oftangible | fixed assets | 12,233 | 8,427 |
| 507,998 | 360,921 | ||
| Support costs | |||
| Finance | |||
| Bank charges | 936 | 1,159 | |
| Information technology |
|||
| Website expenses | 648 |
| FOR THK YEAR ENDE | D 1STDECEMBER 202 |
||
|---|---|---|---|
| 2022f | 2021 8 |
||
| Information | technology | ||
| Governance | costs | ||
| Auditors' remuneration |
9,120 | 9,120 | |
| Total resources | expended | ~533634 | 374,835 |
| Net income | ~288 162 | ~531 100 |