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||||Page|
|---|---|---|---|
|Reference and Administrative||Details ofthe Charity, its Trustees and Advisers|1-2|
|Trustees'
Report|||3-10|
|Independent
Auditors'|Report|on the Financial Statements|11-14|
|Statement of Financial|Activities||15|
|Balance Sheet|||16|
|Notes to the Financial|Statements||17-29|
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|Trustees||H Ayris, Secretary|H Ayris, Secretary|
|---|---|---|---|
|||STunde, Treasurer||
|||Rev.
IJ Bunce||
|||BSchulte||
|||Rev. J R Loveard||
|||J J Giwa-Majekodunmi||
|||RS Eborn||
|||Rev. VJ Bunce||
|||J L Brown (resigned 31 January 2023)||
|||KSYates||
|||E0Arowolo||
|||S FJohnson|(resigned 14 March 2022)|
|||F0 Lawani||
|Charity registered||||
|number||1172326||
|Principal office||Main Road||
|||Romford||
|||Essex||
|||RM1 3BL||
|Independent|auditors|Venthams||
|||Chartered
Accountants||
|||Millhouse||
|||32 - 38 East|Street|
|||Rochford||
|||Essex||
|||SS4 1DB||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
|||Note|2022f|2022f|2022f|2021|
|Income from:|||||||
|Donations
and legacies|||248,995||248,995|238,133|
|Charitable
activities|||150,773||150,773|112,919|
|Investments|||15,813||15,813|20,595|
|Other income||||||3,714|
|Total income|||415,581||415,581|375,361|
|Expenditure
on:|||||||
|Charitable
activities|||465,178|203|465,381|395,571|
|Total expenditure|||465,178|203|465,381|395,571|
|Net expenditure|||(49,597)|(203)|(49,800)|(20,210)|
|Transfers
between|funds|17|446|(446)|||
|Net movement
in|funds||(49,151)|(649)|(49,800)|(20,210)|
|Reconciliation
of|funds:||||||
|Total funds brought|forward||7,611,049|63,718|7,674,767|7,694,977|
|Net movement
in funds|||(49,151)|(649)|(49,800)|(20,210)|
|Total funds carried forward|||7,561,898|63,069|7,624,967|7,674,767|
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|||||||2022||2021|
|---|---|---|---|---|---|---|---|---|
|||||Note|||||
|Fixed assets|||||||||
|Tangible assets||||13||6,789,992||6,802,707|
|||||||6,789,992||6,802,707|
|Current assets|||||||||
|Stocks||||14|692||||
|Debtors||||15|19,613||15,674||
|Cash at bank|and|in|hand||838,276||878,074||
||||||858,581||893,748||
|Creditors: amounts|||falling due within one||||||
|year||||16|(23,606)||(21,688)||
|Net current|assets|||||834,975||872,060|
|Total assets|less|current. liabilities||||7,624,967||7,674,767|
|Total net assets||||||7,624,967||7,674,767|
|Charity funds|||||||||
|Restricted
funds||||17||63,069||63,718|
|Unrestricted|funds|||17||7,561,898||7,611,049|
|Total funds||||||7,624,967||7,674,767|
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|3.|Income from|donations|and legacies|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||2022f|2022
F|2022|2021|
||Donations|||248,995||248,995|238,133|
||Total 2021|||237,383|750|238,133||
|4.|Income from|charitable|activities|||||
||||||Unrestricted|Total|Total|
||||||funds|funds|funds|
||||||2022f|2022f|2021|
||Income from|charitable|activities - Church||150,773|150,773|112,919|
||Total 2021||||112,919|112,919||
|5.|Investment|income||||||
||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2021|
||||F|F||
|Investment|income - local investment|properties|10,325|10,325|14,900|
|Investment|income - local cash||5,488|5,488|5,695|
||||15,813|15,813|20,595|
|Total 2021|||20,595|20,595||
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022f|2022
F|2021|
|Government|furlough|income|||3,714|
|Total 2021|||3,714|3,714||
|Analysis of|grants|||||
||||Grants to|Total|Total|
||||Institutions|funds|funds|
||||2022f|2022
F|2021|
|Grants, Church|||13,050|13,050|23,550|
|Total 2021|||23,550|23,550||
|The Charity has made the following
material
grants to in|stitutions
during the year:||
|---|---|---|
||2022|2021|
||F||
|Name of institutions|||
|Graceworks|1,800|1,750|
|Baptist Union Home Mission||10,000|
|BMS World Mission|10,250|10,000|
|Operation
Mobilisation|1,000|1,800|
||13,050|23,550|
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||Unrestricted|Restricted|||
|---|---|---|---|---|
||funds|funds|Total|Total|
||2022|2022|2022|2021|
|Church|465,178|203|465,381|395,571|
|Total 2021|395, 1'l 6|455|395,571||
##
||Activities|Grant||||
|---|---|---|---|---|---|
||undertaken|funding
of|Support|Total|Total|
||directly|activities|costs|funds|funds|
||2022f|2022
F|2022f|2022f|2021|
|Church|299,316|13,050|153,015|465,381|395,571|
|Total 2021|242,557|23,550|129,464|395,571||
||||Total|Total|
|---|---|---|---|---|
|||Church|funds|funds|
|||2022f|2022f|2021|
|Staff costs||208,344|208,344|185,090|
|Church
housing|expenses|38,252|38,252|18,464|
|Travel||766|766|428|
|Other ministerial|costs|9,980|9,980|8,516|
|Mission and outreach||41,974|41,974|30,059|
|||299,316|299,316|242,557|
|Total2021||242,557|242,557||
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||||Total|Total|
|---|---|---|---|---|
|||Church|funds|funds|
|||2022|2022f|2021f|
|Staff costs||39,769|39,769|37,011|
|Depreciation||20,936|20,936|19,341|
|Church premises||40,142|40,142|30,048|
|Church office expenses||38,042|38,042|40,703|
|Auditors'
remuneration||7,170|7,170|6,642|
|Legal fees||6,956|6,956|719|
|Loss/(profit)|on disposal|||(5,000)|
|||153,015|153,015|129,464|
|Total 2021||129,464|129,464||
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|(2021 - E -)
Staff costs|.|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||F||
|Wages and|salaries|||212,822|184,972|
|Social security costs||||11,549|11,456|
|Contribution|to defined|contribution|pension schemes|23,742|25,673|
|||||248,113|222,101|
||2022|2021|
|---|---|---|
||No.|No.|
|Employees|13||
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|||Long-term|||
|---|---|---|---|---|
||Freehold|leasehold|Fixtures and||
||property|property|fittings|Totalf|
|Cost orvaluation|||||
|At 1 January 2022|6,577,314|188,000|116,802|6,882,116|
|Additions|||8,221|8,221|
|At 31 December 2022|6,577,314|188,000|125,023|6,890,337|
|Depreciation|||||
|At 1 January 2022|||79,409|79,409|
|Charge for the year|||20,936|20,936|
|At 31 December 2022|||100,345|100,345|
|Net book value|||||
|At 31 December 2022|6,577,314|188,000|24,678|6,789,992|
|At 31December 2021|6,577,314|188,000|37,393|6,802,707|
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|14.|Stocks|||||
|---|---|---|---|---|---|
|||||2022f|2021|
||Raw materials|and consumables||692||
|15.|Debtors|||||
|||||2022f|2021|
||Due within one year|||||
||Trade debtors|||595|492|
||Other debtors|||12,899|10,387|
||Prepayments|and accrued income||6,119|4,795|
|||||19,613|15,674|
|16.|Creditors: Amounts||falling due within one year|||
|||||2022f|2021|
||Trade creditors|||12,433|10,554|
||Other taxation|and social security||4,003|4,492|
||Accruals and|deferred|income|7,170|6,642|
|||||23,606|21,688|
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|Statement offunds|-current|year|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 1||||31|
|||January|||Transfers|December|
|||2022|Income
f|Expenditure|in/out
f|2022
f|
|Unrestricted
funds|||||||
|Designated
funds|||||||
|Fixed asset fund||6,802,707|||(12,715)|6,789,992|
|Contingency
fund||68,090||||68,090|
|Junction
Road||45,170||||45,170|
|Parent and Toddler|Group||6,387|(3,318)||3,069|
|||6,915,967|6,387|(3,318)|(12,715)|6,906,321|
|General funds|||||||
|General fund||675,271|389,974|(453,588)|20,895|632,552|
|Auxiliaries
fund||7,789||||7,789|
|Church
group activity funds||12,022|19,220|(8,272)|(7,734)|15,236|
|||695,082|409,194|(461,860)|13,161|655,577|
|Total Unrestricted|funds|7,611,049|415,581|(465,178)|446|7,561,898|
|Restricted funds|||||||
|Benevolent
Fund||252||||252|
|Future project fund||60,000||||60,000|
|Energise fund||446|||(446)||
|Jack Petchey Fund||3,020||(203)||2,817|
|||63,718||(203)|(446)|63,069|
|Total offunds||7,674,767|415,581|(465,381)||7,624,967|
##
|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at||||31|
|||1January|||Transfers|December|
|||2021|Income|Expenditure|inlout|2021|
|Unrestricted
funds|||||||
|Designated
funds|||||||
|Fixed asset fund||6,790,923|||11,784|6,802,707|
|Contingency
fund||68,090||||68,090|
|Junction
Road||45,170||||45,170|
|Parent and Toddler|Group||||||
|||6,904,183|||11,784|6,915,967|
|General funds|||||||
|General fund||712,072|363,057|(385,074)|(14,784)|675,271|
|Auxiliaries
fund||7,789||||7,789|
|Church group activity funds||7,510|11,554|(10,042)|3,000|12,022|
|||727,371|374,611|(395,116)|(11,784)|695,082|
|Total Unrestricted|funds|7,631,554|374,611|(395,116)||7,611,049|
|Restricted funds|||||||
|Benevolent
Fund||252||||252|
|Future project fund||60,000||||60,000|
|Energise fund||446||||446|
|Jack Petchey Fund||2,725|750|(455)||3,020|
|||63,423|750|(455)||63,718|
|Total offunds||7,694,977|375,361|(395,571)||7,674,767|
|Summary|offunds - current ye|ar|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 1||||31|
|||January|||Transfers|December|
|||2022f|Income
f|Expenditure
f|in/outf|2022f|
|Designated|funds|6,915,967|6,387|(3,318)|(12,715)|6,906,321|
|General funds||695,082|409,194|(461,860)|13,161|655,577|
|Restricted|funds|63,718||(203)|(446)|63,069|
|||7,674,767|415,581|(465,381)||7,624,967|
|Summary|offunds - prior year||||||
|||||||Balance at|
|||Balance at||||31|
|||1January|||Transfers|December|
|||2021f|Income|Expenditure|in/out|2021|
|Designated|funds|6,904,183|||11,784|6,915,967|
|General funds||727,371|374,611|(395,116)|(11,784)|695,082|
|Restricted|funds|63,423|750|(455)||63,718|
|||7,694,977|375,361|(395,571)||7,674,767|
|Analysis|of n|et asse|ts|between funds - cur|rent year|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||2022
f|2022
f|2022f|
|Tangible|fixed|assets|||6,789,992||6,789,992|
|Current|assets||||795,512|63,069|858,581|
|Creditors|due|within|one|year|(23,606)||(23,606)|
|Total|||||7,561,898|63,069|7,624,967|
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|Analysis|of n|et asse|ts|between funds - prio|r year|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||2021|2021|2021|
|Tangible|fixed|assets|||6,802,707||6,802,707|
|Current|assets||||830,030|63,718|893,748|
|Creditors|due|within|one|year|(21,688)||(21,688)|
|Total|||||7, 6'/1, 049|63,718|7,674,767|
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