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|General Information||page 2|
|---|---|---|
|Chairman
ofTrustees'|Report|page 3-4|
|Statement of Trustees'|Responsibilities|page 5|
|Independent
Examiner's
Report to the Trustees||page 6|
|Statement of Financial|Activities|page 7|
|Balance Sheet||page 8|
|Notes to the Financial|Statements|pages 9 -12|
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|For the year ended 31st De|cember 2022|||||
|---|---|---|---|---|---|
||||Note|||
|||||2022|2021|
|INCOMING
RESOURCES||||||
|Incoming resources from|donors||2(a)|147,301.34|209,683.36|
|Other voluntary
incoming|resources||2(b)|135,101.70|34,096.24|
|Income from charitable
and ancillary trading|||2(c)|19,147.90|16,712.81|
|Other ordinary
incoming|resources|||||
|Income from investments|||2(cl)|3,954.13|2,826.28|
|TOTAL INCOMING
RESOURCES||||305,505.07|263,318.69|
|RESOURCES USED||||||
|Grants|||3(a)|||
|Activities directly relating|to the work ofthe mission||3(b)|237,224.94|219,162.17|
|Management
and administration|||3(c)|90,347.20|85,324.30|
|TOTAL RESOURCES USED||||327,572.14|304,486.47|
|NET INCOMING
(OUTGOING) RESOURCES||||(22,067.07)|(41,167.78)|
|OTHER RECOGNISED GAINS & LOSSES||||||
|Unrealised
gains (losses)|on revaluation|of fixed assets||115,000.00|310,000.00|
|Realised gains (losses) on|sales of fixed assets|||||
|Realised gains (losses) on|sales of investments|||||
|Unrealised
gains (losses)|on investments|||(12,398.93)|4,660.55|
|NET MOVEMENT
IN FUNDS||||8053400|273,492.77|
|Balances brought
forward|at 1stJanuary|||865,139.13|591,646.36|
|BALANCES CARRIED FORWARD AT 31STDECEMBER 2022||||945,673.13|865,139.13|
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|BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|
|as at 31stDecember 2022|||||
|||Note|2022|2021|
||||E|E|
|Fixed Assets|||||
|Tangible
Fixed Assets
Investments|||655,000.00
92,301.80|540,000.00
104,700.73|
|Total Fixed Assets|||747,301.80|644 700.73|
|Current Assets|||||
|Debtors|||||
|Short term deposits|||101,378.09|125,195.27|
|Cash at bank and in|hand||96,993.24|95,243.13|
|Total Current Assets|||198,371.33|220,438.40|
|Liabilities: amounts|falling due within one year||||
|NET CURRENT ASSETS|||198,371.33|220,438.40|
|NET ASSETS|||945,673.13|865,139.13|
|FUNDS|||||
|Unrestricted|||939,335.25|859,543.76|
|Restricted|||6,337.88|5,595.37|
|Total Funds|||945,673.13|865,139.13|
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|For|the year ended 31stDecember 2022|the year ended 31stDecember 2022|the year ended 31stDecember 2022||||
|---|---|---|---|---|---|---|
|||||Note|||
||||||2022|2021|
|2|INCOMING
RESOURCES||||||
|a|Incoming resources from donors
Subscriptions
and Donations||||133,233.95|199,759.29|
||Community
food club||||14,067.39|9,924.07|
||||||147,301.34|209,683.36|
|b|Other voluntary
incoming||resources||||
||Grants||||60,296.81|30,799.27|
||Appeals
Legacies||||74,804.89|3,296.97|
||||||135,101.70|34,096.24|
|c|Income from charitable|and ancillary trading|||||
||Rental income||||5,094.00|2,810.00|
||Sundry income||||14,053.90|13,902.81|
||||||19,147.90|16,712.81|
|d|Income from investments||||||
||Interest ÷nds
received Unrestricted||||3,954.13|2,826.28|
|3|RESOURCES USED||||||
|a|Grants||||||
||Missionary
&Charitable|giving|||||
|b|Activities directly relating||to the work ofthe mission||||
||Community
food club stock||||9,017.31|4,014.78|
||Project Staff costs||||183,570.83|179,898.83|
||Project Resources
Project Literature
& Publicity||||6,843.79
8,591.88|803.39
4,406.26|
||Project Travel
Property expenses||||2,839.25
20,660.94|1,625.66
23,076.16|
||Insurance||||5,700.94|5,337.09|
||Depreciation||||||
||Miscellaneous||||||
||||||237,224.94|219,162.17|
|c|Management
and administration||||||
||Administration
Salaries||||45,991.72|42,105.22|
||Administrative
costs||||32,363.53|39,309.24|
||Pensions
payable to former staff|||||268.20|
||Independent
Examiner||||720.00|600.00|
||Legal & Professional||||4,999.73|3,041.64|
||Bank charges||||238.62||
||Costs re: potential
sale of building||||6,033.60||
||||||90,347.20|85,324.30|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|4
STAFF COSTS|||||||
|Mission Staff Salaries|||||158,079.73|156,100.40|
|Employers
NIC
Pension
Fund Contributions|||||8,796.93
13,608.78|8,824.44
13,430.26|
|Training costs|Mission StaffCosts||||3,085.39
183,570.83|1,543.73
179,898.83|
|Administrative
Salaries|||||40,194.10|37,251.11|
|Employers
NIC
Pension
Fund Contributions|||||2,216.12
3,581.50|1,960.42
2,893.69|
||||||45,991.72|42,105.22|
|Pensions to former staff||||||268.20|
||||||229,562.55|222,272.25|
|No employee
earned E40,000p.a.|or more||||||
|The average number of employees|analysed|by function was|||||
|Mission staff|||||||
|Administrative
staff|||||||
||||||10|10|
|5
FIXED ASSETS|||Freehold|land|Equipment||
||||and buildings||&Furniture|TOTAL|
||||E||6|E|
|Tangible
Fixed Assets
Cost (or valuation)
at 1stJanuary|2022||540,000.00||4,572.00|544,572.00|
|Additions|||||||
|Disposals
Revaluation|||115,000.00|||115,000.00|
|Cost Ior valuation)
at 31stDecember 2022|||655,000.00||4,572.00|659,572.00|
|Depreciation
at 1stJanuary 2022|||||4,572.00|4,572.00|
|Charge for the year|||||||
|Charge on disposal|||||||
|Depreciation
at 31st December 2022|||||4,572,00|4,572.00|
|Net book value as at 31st December 2021|||540,000.00|||540,000.00|
|Net book value as at 31st December 2022|||655,000.00|||655,000.00|
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|||||Market value|Additions|&|Change
In|Market value|
|---|---|---|---|---|---|---|---|---|
|||||31Dec2021|(Disposals)||Value|31Dec 2022|
|||||E|E||6|6|
|COIF Shares||||104,700.73|||(12,398.93)|92,301.80|
|||||104,700.73|||(1239893)|9230180|
||||||||2022|2021|
|7
DEBTORS|||||||6|6|
|Income tax|recoverable||||||||
|Prepayments|||||||||
|8
UABILITIES:AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||||
|Accruals|||||||||
|9
FUNDS|||||||||
|||||2022|||2021||
|||||6|||E||
|Analysis ofnet assets by fund
Tangible
Fixed Assets
Investments||||655,000.00
92,301.80|||540,000.00
104,700.73||
|Current Assets||||198,371.33|||220,438.40||
|Liabgltles: amounts||falling|due within one year||||||
|||||945,673.13|||865,139.13||
|Unrestricted|funds|- General fund||939,335.25|||859,543.76||
|Restricted
funds||||6,337.88|||5,595.37||
|||||945,673.13|||865,139.13||