| Pages | |
|---|---|
| Reference andadministrativedetails | 2 |
| Report of the trustees | 3-6 |
| lndependentauditor's report | 7 |
| Statement of financial activities | tt |
| Balancesheet | t2 |
| Cashflow statement | 13 |
| Notesto thefinancial statements | L4-L9 |
4 February 2023
| Unrestricted | Designated | Restricted | TotalFunds | TotalFunds | |
|---|---|---|---|---|---|
| Fundsf | Funds € |
Funds f |
2022 f |
2021 f |
|
| lncomeandendowmentsfrom: | |||||
| Donotions ondlegocies: | |||||
| Contributions from the | 190,766 | 190,766 | 88,723 | ||
| congregation | |||||
| Gift Aiddonations | 40,832 | 40,832 | 21,23L | ||
| lncometaxrefunds | 10,208 | 10,208 | s,307 | ||
| Donated services | 631 | ||||
| Other donations | L,634,270 | L,634,270 | L,200,807 | ||
| Total | L,634,274 | 24L,806 | t,876,076 | 1,315,699 | |
| Expenditure on: | |||||
| Choritableoctiviti* | |||||
| Runningmeeting rooms | 39,679 | 39,679 | 26,!98 | ||
| 39,679 | 39,679 | 26,198 | |||
| Netmovementinfunds | 1,,594,591 | 24L,806 | 1,836,397 | 1,290,501 | |
| Reconciliationoffunds | |||||
| Totalfunds brought forward | 1,,556,866 | 122,837 | L,579,703 | 389,202 | |
| Totalfundscarriedforward | 3,15L,457 | 364,643 | 3,516,100 | 1,679,703 |
| 2022 | 202L | ||
|---|---|---|---|
| Notes | € | f | |
| Fixed assets | |||
| Tangible fixedassets | 5 | 3,741,305 | L,7L1_,569 |
| 3,74L,305 | L,7]-1,569 | ||
| Currentassets | |||
| Debtors: | |||
| Prepaymentsandaccrued income | L5,516 | 5,3O7 | |
| Cashatbankand inhand | 94,279 | L7,827 | |
| L09,795 | 23,134 | ||
| Current liabilities | |||
| Creditors: amounts fallingduewithinoneyear: | |||
| Loan | 330,000 | 50,000 | |
| Accruals anddeferredincome | 5,000 | 5,000 | |
| Netcurrentassets/(liabilities) | (225,2O5) | (31,866) | |
| Totalassetslesscurrent Iiabilities | 3,516,100 | L,679,703 | |
| Netassets | 3,5L6,100 | 1,679,703 | |
| Funds | |||
| Unrestricted incomefund | 3,151,,457 | 1,556,865 | |
| Restricted funds | 364,643 | 122,837 | |
| Totalfunds | 3,5L6,100 | L,679,703 |
| 2022 | 2021 | |
|---|---|---|
| f | f | |
| Netcashabsorbed byoperating activities(seenote) | 217,965 | 108,056 |
| Cashflowsfrominvestingactivities | ||
| Purchase anddevelopmentof property | (421,513) | (158,218) |
| Netcash (usedin)/providedby investingactivities | (42L,5L3') | (158,218) |
| Cashflows fromfinancingactivities | ||
| New borrowings | 280,000 | 50,000 |
| Netcashprovidedby financingactivities | 280,000 | 50,000 |
| Changeincash and cashequivalentsintheyear | 75,452 | (162) |
| Cashand cashequivalentsat6April 202L | 17,827 | 17,989 |
| Cashandcashequivalents at5April2022 | 94,279 | 17,827 |
| NOTE | ||
| Reconciliationof netincometonetcashflow from | ||
| operating activities | ||
| Net incomeforthereporting periodasperthe statementoffinancial activities |
'1,,836,397 | 1,290,501 |
| Adjustmentsfor | ||
| Depreciation | 26,047 | 19,669 |
| Non-cashdonations | ('J,,634,270), | (1,200,807) |
| (lncrease)indebtors | (L0,209) | (5,307) |
| lncrease increditors | 5,000 | |
| Netcashprovidedbyoperating activities | 2L7,965 | 108,056 |
| Cashandcashequivalents | ||
| Cashat bank | ____:1,n9_ | 17,827 |
| onated services | ||
|---|---|---|
| Receivedfrom: | 2022 f |
202t f |
| GreenfieldGospelHallTrust | 631 | |
| Otherasappropriate | ||
| 531 |
| Meeting rooms |
0ther charitable |
2022 | MeetingOther Roomscharitable |
MeetingOther Roomscharitable |
202L | ||
|---|---|---|---|---|---|---|---|
| activities | activities | ||||||
| f | € | f | €f | f | |||
| Directcosts - Repairs and |
L,707 | 7,707 | 535 | tr: | |||
| Maintenance | |||||||
| - | lnsurance | ||||||
| - | Rates | g2; | 326 | ||||
| - | Lightand heat | 3,55; | 3,55; | ||||
| - | Rent | ||||||
| - | Telephone | 69; | 69; | ||||
| - | Depreciation | 26,047 | 26,047 | 18,669 | L8,669 | ||
| - | Legaland professional | 3,375 | 3,375 | 969 | 969 | ||
| costs | |||||||
| Support costs | |||||||
| Governance | |||||||
| 26,L98 |
| Freehold | Furniture, | Total | |
|---|---|---|---|
| Propertyand | fixtures& | ||
| Refurbishment f |
fittings f |
f | |
| Cost | |||
| Broughtforwardat | L,7gg,gL6 | 8,7'1,4 | 1,909,530 |
| 6April2021 | |||
| Additions | 2,054,095_ | 1,688 | 2,055,793 |
| Disposals | (5,942) | (6,9421 | |
| At5April2022 | 3,8s3,911 | 3,460 | 3,857,371, |
| Depreciation | |||
| Broughtforward at | 89,895 | 7,066 | 96,961 |
| 5April2021 | |||
| Chargefortheyear | 25,930 | 7L7 | 26,O47 |
| Disposals | (6,9421 | (6,942) | |
| At5April2022 | 115,825 | 247 | 115,056 |
| Net book value | |||
| At5April2022 | 3,738,086 | 3,2L9 | 3,74L,305 |
| At5April2021 | 1,,709,927 | 1,648 | 1,711,569 |
| Unrestricted | Restricted | TotalFunds | |
|---|---|---|---|
| Funds | Funds | ||
| f | € | € | |
| Tangible fixedassets | 3,376,662 | 364,643 | 3,741,3O5 |
| Currentassets | 109,795 | 109,795 | |
| Current liabilities | (335,000) | (335,000) | |
| Totalfunds | 3,L51,457 | 364,643 | 3,5L6,100 |
| 7.2Prior year | |||
| Unrestricted | Restricted | TotalFunds | |
| fundst | funds f |
f | |
| Tangible fixedassets | 1,554,31-6 | L57,253 | L,7LL,569 |
| Currentassets | 7,550 | 15,584 | 23,134 |
| Current liabilities | (5,ooo) | (50,000) | (55,000) |
| Totalfunds | 1,555,866 | L22,837 | 7,679,703 |
| Currentyear | |||||
|---|---|---|---|---|---|
| Realised/ | |||||
| Balanceat 6April 202t |
lncoming resources |
Resources expended |
unrealised gainsand losses |
Balanceat5 April2022 |
|
| f | f | € | f | f | |
| Restrictedfunds | |||||
| Capital Project Fund |
L22,837 | 24L,846 | 364,643 | ||
| Unrestricted funds | 1,556,866 | L,634,270 | 39,679 | 3,!51,457 | |
| Total funds | L,679,7O3 | 1,876,076 | 39,679 | 3,516,100 |
| Prioryear | |||||
|---|---|---|---|---|---|
| Realised/ | |||||
| Balanceat 6April 2024 |
Incoming resources |
Resources expended |
unrealised gainsand losses |
Balanceat5 April2021 |
|
| f | f | f | f | f | |
| Restrictedfunds | |||||
| CapitalProject Fund |
7,954 | 114,883 | L22,837 | ||
| Unrestricted funds | 381,248 | 1,207,8',J,6 | 26,198 | L,556,866 | |
| Totalfunds | 389,2O2 | 1,?L6,699 | 25,L98 | !,679,703 |
| ComparativeStatement of | Financial | Activities | ||||
|---|---|---|---|---|---|---|
| Unrestricted Funds |
Designated Funds |
Restricted Funds |
TotalFunds 2O2l |
|||
| Notes | € |
f | f€ | |||
| lncomeandendowmentsfromt | ||||||
| Donotions andlegacieu | ||||||
| Collections | ||||||
| Contributions fromthe | 378 | 83,34; | 88,72; | |||
| congregation | ||||||
| Gift Aiddonations | 21,23L | 21,23L | ||||
| lncometaxrefunds | 5,307 | 5,307 | ||||
| Donated services | 637 | ur1 | ||||
| Payroll giving | ||||||
| Legacies | ||||||
| Grants | ||||||
| Other donations | 1,200,807 | t,200,80; | ||||
| lnvestments | ||||||
| Bankinterest | ||||||
| Other | ||||||
| Profitonsaleofassets | ||||||
| Total | L,20L,8t6 | 114,883 | 1,316,699 | |||
| Expenditure on: | ||||||
| Choritable activities | ||||||
| Runningmeeting rooms | 26,198- | 25,t98 | ||||
| Costofdonatedservices | 4 | |||||
| Total | 5 | 26,198 | 26,198 | |||
| Netincome/(expenditure) | ||||||
| Gains/(losses) onrevaluationof | ||||||
| fixedassets | ||||||
| Netmovementinfunds | 1,t75,618 | 114,883 | 1,,290,50L | |||
| Reconciliationoffunds | ||||||
| Totalfunds brought forward | 387,248 | 7,954 | 389,202 | |||
| Totalfundscarriedforward | 1,556,866 | 122,837 | L,679,703 |