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2023-09-30-accounts

Christ Church Central Leeds

Report and Accounts Year ended 30th September 2023

1 Lamb's Passage, London EC1Y 8AB

www.stewardship.org.uk

CHRIST CHURCH CENTRAL LEEDS

CHARITY INFORMATION

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

Trustees

James Rhodes (Chair) James Brett McAlpin (28th March 2023) Matthew Shortman Peter Wood

Governing Document

Constitution dated February 2017

Charity Registration Number 1171484 Principal Address Overdale Timble, Otley LS21 2NN Independent Examiner Lisa Darby FCA Stewardship 1 Lamb's Passage London EC1Y 8AB Bankers NatWest Santander

Contents Page
Charity Information 1
Trustees' Annual Report 2 - 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Accounts 8 - 15
Detailed Statement of Financial Activities with Comparatives 16

1

CHRIST CHURCH CENTRAL LEEDS

TRUSTEES' ANNUAL REPORT

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

The trustees have pleasure in submitting the Report and Accounts for the year.

Objects of the charity

The charity is a charitable incorporated organisation and is governed by its Constitution. The objects of the charity, as set out in the governing document are:

a) to advance the Christian faith in accordance with the Statement of Beliefs in such ways and in such parts of the United Kingdom or the world as the charity trustees from time to time may think fit;

b) to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world as the charity trustees from time to time may think fit.

The trustees note that the Church is not a building, but a gathering of ordinary people of different ages and backgrounds, whose lives have been changed by Jesus Christ, the Son of God. The New Testament reveals the Church as a community of people, properly taught and cared for, who by loving and serving Jesus Christ, were also committed to love and care for each other and to bring a blessing to the area in which they lived. Christ Church Central Leeds; its trustees, elders and members are committed to the restoration of those New Testament principles. It is not alone in this, it is one of many Churches in the area, country and all over the world that is re-discovering the excitement of knowing Jesus Christ. The vision is to see the people of Leeds come into this experience of knowing Jesus as their Lord, Saviour and friend.

Summary of the charity's main activities and achievements

To further the above objects and vision, the charity's main activities and achievements were as follows:

The main activities were as follows:

  1. Events: The weekly pattern continues to be as follows:

  2. Sunday: all ages Sunday School followed by formal service.

  3. Mid-week: community groups in homes, with a central prayer meeting on the first Wednesday of the month.

  4. Thursday: Focus meeting for students.

  5. Employment of an Associate Minister, commencing September 2022 has made a major impact in assisting the Minister in the overall tasks of the church and to take responsibility for work with students.

  6. Continued use of a larger venue from to accommodate increased numbers on a Sunday. These now regularly exceed 150 each week including children.

  7. Further fund raising to enable the growth of the church.

  8. Alleviation of hardship within the church and the City of Leeds, and further afield by means of a collection at Sunday morning services.

2

CHRIST CHURCH CENTRAL LEEDS

TRUSTEES' ANNUAL REPORT

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

Most the charity's activities are undertaken by volunteers and the charity could not operate effectively without their efforts.

In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.

Structure, Governance and Management

Responsibility for setting policy and for making operating decisions rests with the trustees who meet regularly to monitor the activities of the charity. Responsibility for the day-to-day operation of the charity rests with a senior management team comprising the Elders of the Church along with the Associate Minister who meet monthly. New trustees are recruited and appointed by the existing trustees and are appointed by a resolution passed at a properly convened meeting of the charity trustees.

Financial review

During the year income increased by £163,808, to £288,529 and expenditure increased by £53,709, to £181,407. As a result, surplus for the year increased by £110,099, to £107,122 and the charity's net current assets increased by the same amount, to £283,082.

Reserves policy

The trustees have determined that the charity should aim to hold unrestricted cash of no less than £85,000 (which equates to about 6 months of unrestricted expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £253,459 and the charity is complying with its reserves policy. The holding of reserves facilitates the permanent establishment of the church. In this context, the appointment of an Associate Minister has now been made and a larger venue has been rented. The purchase of a permanent church building continues to be a top priority.

Key risks and uncertainties

The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.

3

CHRIST CHURCH CENTRAL LEEDS

TRUSTEES' ANNUAL REPORT

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

Responsibilities of trustees under charity law

The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

  1. select suitable accounting policies and apply them consistently;

  2. observe the methods and principles in the Charities SORP;

  3. make judgements and estimates that are reasonable and prudent;

  4. state whether the applicable accounting standards have been followed, subject to any material

departures disclosed and explained in the financial statements; and

  1. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report was approved by the trustees and signed on their behalf by:

James Rhodes

_______ JAMES RHODES

Date: _______ 26 February 2024

4

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

CHRIST CHURCH CENTRAL LEEDS ('the Charity')

I report to the charity trustees on my examination of the accounts of the Charity for the year ended 30th September 2023 on pages 6 to 17 following, which have been prepared on the basis of the accounting policies set out on pages 8 to 9.

Responsibilities and basis of report

As the charity’s trustees of the Charitable Incorporated Organisation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Lisa Darby

Lisa Darby FCA Institute of Chartered Accountants in England and Wales Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: 27 February 2024

5

CHRIST CHURCH CENTRAL LEEDS

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investment income
Total income and endowments
EXPENDITURE ON:
Charitable activities
5
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
11
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
11
Unrestricted
Funds
£
215,351
3,195
1,403
219,949
120,670
120,670
-
99,279
-
99,279
171,268
270,547
Restricted
Funds
£
68,580
-
-
68,580
60,737
60,737
-
7,843
-
7,843
4,692
12,535
Total
Funds
2023
£
283,931
3,195
1,403
288,529
181,407
181,407
-
107,122
-
107,122
175,960
283,082
Total
Funds
2022
£
122,119
2,590
12
124,721
127,698
127,698
-
(2,977)
-
(2,977)
178,937
175,960

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The notes on page 8 - 15 form part of these accounts.

6

CHRIST CHURCH CENTRAL LEEDS

BALANCE SHEET

AS AT 30th SEPTEMBER 2023

Note
FIXED ASSETS
Tangible assets
CURRENT ASSETS
Debtors
7
Cash at bank and in hand
8
CREDITORS: Amounts falling
due within one year
9
TOTAL NET ASSETS
FUND BALANCES
11
Unrestricted Funds
General funds
Designated funds
Restricted Funds
Unrestricted
Funds
£
-
-
19,368
253,459
272,828
(2,280)
270,548
270,548
-
270,548
-
270,548
Restricted
Funds
£
-
-
-
12,535
12,535
-
12,535
-
-
-
12,535
12,535
Total
Funds
2023
£
-
-
19,368
265,994
285,362
(2,280)
283,082
270,548
-
270,548
12,535
283,082
Total
Funds
2022
£
-
-
15,947
160,823
176,770
(810)
175,960
171,268
-
171,268
4,692
175,960

The financial statements were approved by the Board of Trustees and were signed on its behalf by:

James Rhodes

--------------------------------------JAMES RHODES

Date: 26 February 2024

Charity number: 1171484

The notes on page 8 - 15 form part of these accounts.

7

CHRIST CHURCH CENTRAL LEEDS

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

1 Statutory Information

The charity is a charitable incorporated organisation registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.

The previous year's accounts were prepared using the receipts and payments basis but, this year, the charity was obliged to prepare its accounts using the accruals basis. The results for 2022, which are comparatives quoted in these accounts, have been restated using the accruals basis (see note 15 for details).

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations and legacies includes:

i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from church retreats and other events.

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

The cost of raising funds is not significant and has not been separately disclosed.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

8

CHRIST CHURCH CENTRAL LEEDS

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

d) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. Endowment funds are donations that are retained as capital in accordance with the donor's wishes. The nature of the restriction determines whether the endowments represent permanent endowments or expendable endowments.

e) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Equipment

Over 3 to 7 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f) Pension scheme arrangements The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

g) Taxation

The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

h) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

3 Donations

3
Donations
Donations of cash and similar
Donations in kind (note 3a)
Government grants (note 3b)
Other grants receivable
Legacies receivable
Income tax recoverable
2023
£
87,930
180,504
15,497
283,931
2022
£
101,712
4,460
15,947
122,119
4
Income from charitable activities
Church retreats and events
Other income
2023
£
3,195
-
3,195
2022
£
2,280
310
2,590

9

CHRIST CHURCH CENTRAL LEEDS

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

5 Charitable expenditure

a
Costs incurred directly on specific activities
Costs of generating voluntary income
Staff stipend including pension
Ministers housing cost including council tax
Sunday services related expenses
Venue hire
Training and conferences
Publicity, communications and ministry resources
Events
Miscellaneous expenses
Donations in kind expensed
Grants payable (note 5c)
b
Costs incurred on support & administration
Governance costs
Independent examiner's fee
Other
General administration
Subscriptions and professional fees
Total expenditure
2023
£
73,367
43,254
727
18,922
2,900
1,945
644
10,326
152,085
25,583
177,668
2,345
2,345
1,394
3,739
181,407
2022
£
55,064
28,141
1,052
15,187
3,177
1,070
5,551
109,242
16,285
125,527
870
870
1,301
2,171
127,698

The fee payable to the independent examiner for preparing and examining the accounts was £2,345 (2022: IE only £810); in addition the charity paid £643 (2022: £491) to Stewardship for payroll bureau services.

c
Grants payable
Grants for UK and overseas mission
Grants for the relief of poverty
Grants for education, including ministry training
The comparatives for the previous year are as follows:
Grants for UK and overseas mission
Grants for the relief of poverty
Grants for education, including ministry training
The charity's principal grants to institutions comprised:
International Presbyterian Church
Caring for Life
Barnabas Fund
Mission Aviation Fellowship
UMF Worldwide
Grants to institutions for less than £1,000 each
Institutions
£
20,217
2,000
22,217
Institutions
£
10,285
6,000
16,285
Individuals
£
600
2,766
3,366
Individuals
£
-
-
-
2023
£
9,475
2,807
2,807
5,000
2,128
-
22,217
2023
£
20,817
2,766
2,000
25,583
2022
£
10,285
-
6,000
16,285
2022
£
6,000
830
830
5,863
2,294
468
16,285

10

6 Analysis of staff costs, the cost of key management personnel and trustee remuneration

CHRIST CHURCH CENTRAL LEEDS

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

Gross wages and salaries
Social security
Pension costs
Other employment benefits
2023
£
67,372
763
5,232
.
73,367
2022
£
49,745
650
4,669
55,064

The average monthly number of employees during the year was 2 (2022: 2). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the trustees and the key staff named on the Charity Information page. Total employment benefits payable to key management for the year were as follows:

Other Employer
Wages & employment pension 2023
salaries benefits contributions £
Trustees:
James (Jonty) Rhodes 36,279 - 2,902 39,181
-
-
-
The following amounts were payable in the previous year:
Other Employer
Wages & employment pension 2022
salaries benefits contributions £
Trustees:
James (Jonty) Rhodes 33,537 - 2,683 36,220

James (Jonty) Rhodes served as church leader and received the above payments for serving in that capacity, not for serving as trustee; these payments are permitted by the charity's governing document.

In addition the charity incurred expenditure totalling £24,445 (2022: £24,61) in respect of the customary provision of accommodation to James (Jonty) Rhodes, who is a trustee, so that they could better perform their duties.

11

CHRIST CHURCH CENTRAL LEEDS

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

7 Debtors

Falling due within one year:
Tax recoverable
Other debtors
Prepayments and accrued income
Total debtors
8
Cash at Bank and in Hand
Cash at bank with immediate access
Notice deposits (with a term of three months or less)
Petty cash
9
Creditors: liabilities falling due within one year
Trade creditors
Taxation and social security
Other creditors
Accruals
Deferred income
Loans
Finance lease liabilities
Grant obligations
2023
£
15,497
3,871
19,368
2023
£
66,523
199,472
265,994
2023
£
2,280
2,280
2022
£
15,947
15,947
2022
£
160,823
160,823
2022
£
810
810

10 Pension commitments

During the year employer’s pension contributions totalling £5,232 (2022: £4,669) were payable to defined contribution personal pension schemes. No pension contributions were owing at the balance sheet date (2022: £nil).

12

CHRIST CHURCH CENTRAL LEEDS

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

11 Funds

During the year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Deacons Collection Fund
Associate Ministers Fund
Aggregate of funds
Opening
balance
2023
£
171,268
171,268
4,692
-
4,692
175,960
Incoming
resources
2023
£
219,949
219,949
8,600
59,980
68,580
288,529
Outgoing
resources
2023
£
(120,670)
(120,670)
(8,780)
(51,957)
(60,737)
(181,407)
Transfers
in the year
2023
£
-
-
-
-
Gains and
losses
2023
£
-
-
-
Closing
balance
2023
£
270,547
270,547
4,512
8,023
12,535
283,082

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

General
Designated
funds
funds
£
£
Debtors
19,368
-
Investments held as current assets
-
-
Cash at bank and in hand
253,459
-
Creditors falling due within one year
(2,280)
-
270,548
-
In the previous year the movements in the charity's funds were as follows:
Opening
Incoming
Outgoing
Transfers
balance
resources
resources
in the year
2022
2022
2022
2022
£
£
£
£
General Unrestricted Funds
174,654
117,235
(120,621)
-
Total Unrestricted Funds
174,654
117,235
(120,621)
-
Restricted Funds
Deacons Collection Fund
4,283
7,486
(7,077)
4,283
7,486
(7,077)
-
Aggregate of funds
178,937
124,721
(127,698)
-
Unrestricted Funds
Restricted
funds
£
-
-
12,535
-
12,535
Gains and
losses
2022
£
-
-
-
2023
£
19,368
-
265,994
(2,280)
283,082
Closing
balance
2022
£
171,268
171,268
4,692
4,692
175,960

13

CHRIST CHURCH CENTRAL LEEDS

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Debtors
Cash at bank and in hand
Creditors falling due within one year
General
Designated
funds
funds
£
£
15,645
156,433
-
(810)
171,268
-
Unrestricted Funds
Restricted
funds
£
302
4,390
4,692
2022
£
15,947
160,823
(810)
175,960

The Deacons Collection Fund relates to collections taken in the services specifically for vulnerable people and the distribution of those funds.

The Associate Minister Fund relates to funding received specifically for the costs of employing and hosuing an associate minister

12 Operating lease commitments

The charity has an operating lease for clergy housing. The minimum amount payable (until the next break clause and ignoring the potential effect of future rent reviews) in respect of this lease is as follows:

Within one year
Between one and five years
After five years
Payments falling due:
2023
£
1,206
-
-
1,206
2022
£
13,850
-
-
13,850

During the year the charity was charged £37,152 (2022: 25,140) for its operating lease.

13 Transactions with related parties

During the year the charity:

a) received donations totalling £15,960 (2022: £12,860) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).

Except as disclosed in note 6 'Analysis of staff costs', there have been no other transactions with related parties during the year.

14

CHRIST CHURCH CENTRAL LEEDS

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

14 Reconciliation with previously reported funds

In the previous year the charity prepared its accounts using the receipts and payments basis; in the current year the charity's income exceeded £250,000 and so it is now obliged to use the accruals basis for the preparation of its accounts. The comparatives presented in these accounts have been re-stated using the accruals basis and a reconciliation with the reserves and results reported previously follows:

Reconciliation of reserves
Previously reported reserves, at 30 September
Adjustments arising from use of accruals basis:
Inclusion of previously excluded fixed assets
Inclusion of previously excluded debtors
Inclusion of previously excluded creditors
Re-stated reserves, at 30 September
Previously reported results
Adjustments arising from use of accruals basis:
Capitalised expenditure less depreciation
Movements in debtors resulting in the recognition of more / (less) income
Movements in creditors resulting in the recognition of less / (more) expenditure
Re-stated results
Reconciliation of results
2022
£
160,823
-
15,947
(810)
175,960
2022
£
(5,218)
-
2,301
(60)
(2,977)
2021
£
166,041
-
13,646
(750)
178,937

15

CHRIST CHURCH CENTRAL LEEDS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investment income
Total income and endowments
EXPENDITURE ON:
Charitable activities:
5
Total Expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
11
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
11
General
Designated
2023
2023
£
£
215,351
3,195
1,403
219,949
-
120,670
120,670
-
-
99,279
-
-
-
99,279
-
171,268
-
270,547
-
Unrestricted funds
Restricted
2023
£
68,580
68,580
60,737
60,737
7,843
-
7,843
4,692
12,535
Total
2023
£
283,931
3,195
1,403
288,529
181,407
181,407
-
107,122
-
107,122
175,960
283,082
General
Designated
2022
2022
£
£
114,633
-
2,590
-
12
-
117,235
-
120,621
120,621
-
-
(3,386)
-
-
-
(3,386)
-
174,654
-
171,268
-
Unrestricted funds
Restricted
2022
£
7,486
-
-
7,486
7,077
7,077
409
-
409
4,283
4,692
Total
2022
£
122,119
2,590
12
124,721
127,698
127,698
-
(2,977)
-
(2,977)
178,937
175,960

16