| Page | ||||||
|---|---|---|---|---|---|---|
| Reference and administrative | details of the Charitable | Incorporated | Organisation, | its | 1 | |
| Trustees and advisers | ||||||
| Trustees' report |
2-10 | |||||
| Independent examiner's report |
11 - 12 | |||||
| Statement of financial |
activities | 13 | ||||
| Balance sheet | ||||||
| Notes to the financial | statements | 15-32 |
| Trustees | Mr D Demonakis, | Mr D Demonakis, | Chair | ||||
|---|---|---|---|---|---|---|---|
| Mrs Y Falowo, | Trustee | ||||||
| Mr I Parker, Trustee |
|||||||
| Mr S Moore, Trustee | |||||||
| Mrs A Sheldrake, | Trustee (resigned | 7th July 2022) | |||||
| Mr G Smith, Trustee | |||||||
| Leadership | Team | Mr J Bell, Youth | and Community | Pastor | |||
| Mr T Goodall, | Pastor | ||||||
| Mr J Bland | |||||||
| Mr J Grayston | |||||||
| Mr A Moore | |||||||
| Mrs L Parker | |||||||
| Mrs SSmith | |||||||
| Charity registered | |||||||
| number | 1172738 | ||||||
| Principal office | Robin Way | ||||||
| Chelmsford | |||||||
| Essex | |||||||
| CM2 8AU | |||||||
| Accountants | Griffin Chapman | ||||||
| Registered Auditors |
and Chartered | Accountants | |||||
| 4 &5The Cedars | |||||||
| Apex 12 | |||||||
| Old Ipswich Road | |||||||
| Colchester | |||||||
| Essex | |||||||
| CO7 7QR | |||||||
| Bankers | The Co-operative | Bank pic | |||||
| PO Box 101 | |||||||
| 1 Balloon Street | |||||||
| Manchester | |||||||
| M60 4EP |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| Note | ||||||
| Income from: | ||||||
| Donations and legacies |
3 | 123,623 | 76,166 | 199,789 | 132,282 | |
| Charitable activities |
4 | 31,951 | 66,861 | 98,812 | 90,726 | |
| Other trading activities |
5 | 626 | 626 | 826 | ||
| Investments | 6 | 10 | 10 | 35 | ||
| Other income | 7 | 292 | 292 | 199 | ||
| Total income | 156,502 | 143,027 | 299,529 | 224,068 | ||
| Expenditure on: |
||||||
| Charitable activities |
168,945 | 81,861 | 250,806 | 228,961 | ||
| Total expenditure | 168,945 | 81,861 | 250,806 | 228,961 | ||
| Net (expenditure)/income | (12,443) | 61,166 | 48,723 | (4,893) | ||
| Transfers between |
funds | 18 | (175) | 175 | ||
| Net movement in |
funds | (12,618) | 61,341 | 48,723 | (4,893) | |
| Reconciliation of |
funds: | |||||
| Total funds brought | forward | 552,034 | 22,527 | 574,561 | 579,454 | |
| Net movement in funds |
(12,618) | 61,341 | 48,723 | (4,893) | ||
| Total funds carried forward | 539,416 | 83,868 | 623,284 | 574,561 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Note | F | ||||||||
| Fixed assets | |||||||||
| Tangible assets | 14 | 395,000 | 395,000 | ||||||
| 395,000 | 395,000 | ||||||||
| Current assets | |||||||||
| Debtors | 15 | 39,131 | 15,140 | ||||||
| Cash at bank and | in | hand | 210,022 | 178,672 | |||||
| 249,153 | 193,812 | ||||||||
| Creditors: amounts | falling | due within one | |||||||
| year | 16 | (20,869) | (14,251) | ||||||
| Net current assets | 228,284 | 179,561 | |||||||
| Total assets less | current | liabilities | 623,284 | 574,561 | |||||
| Net assets excluding | pension asset | 623,284 | 574,561 | ||||||
| Total net assets | 623,284 | 574,561 | |||||||
| Charity funds | |||||||||
| Restricted funds | 18 | 83,868 | 22,527 | ||||||
| Unrestricted funds |
18 | 539,416 | 552,034 | ||||||
| Total funds | 623,284 | 574,56/ |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | fUI70's | |||
| 2022 | 2022 | 2022 | 2021 | |||
| F | ||||||
| Donations | ||||||
| Church | offerings | 123,623 | 123,623 | 117,789 | ||
| Building | fund donations | 60,973 | 60,973 | |||
| 155donations | 13,026 | 13„026 | 14,493 | |||
| Total donations | 123,623 | 73,999 | 197,622 | 132,282 | ||
| Grants | 2,167 | 2,167 | ||||
| Subtotal | 2,167 | 2,167 | ||||
| Total 2022 | 123,623 | 76,166 | 199,789 | 132,282 | ||
| Total 2021 | 117,789 | 14,493 | 132,282 | |||
| Income | from charitable | activities |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| Pastoral care activities | 4,715 | 4,715 | |||
| Fledgelings | Pre-School fees and government | ||||
| funding | 25,893 | 66,861 | 92,754 | 90,726 | |
| Youth activities | 1,343 | 1,343 | |||
| Total 2022 | 31,951 | 66,861 | 98,812 | 90,726 | |
| Total 2021 | 16,925 | 73,801 | 90,726 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 | 2022 | 2021 | |
| Fundraising | 626 | 626 | 826 |
| Total 2021 | 826 | 826 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2021f | ||
| Bank | interest | 10 | 10 | 35 |
| 10 | 10 | 35 | ||
| Total | 2021 | 35 | 35 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022 | 2022 | 2021 | |||
| Other | incoming | resources | 292 | 292 | 199 |
| Total | 2021 | 199 | 199 |
| Designated | Unrestricted | ||||
|---|---|---|---|---|---|
| donations | donations | ||||
| to | paid to | ||||
| charitable | charitable | Total | Total | ||
| Institutions | institutions | funds | funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| Donations | paid by the Church | 16,939 | 991 | 17,930 | 16,877 |
| Total 2021 | 16,239 | 638 | 16,877 |
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| funds | funds | Total | Total | ||
| 2022 | 2022 | 2022 | 2021f | ||
| The Church | 140,284 | 15,000 | 155,284 | 135,954 | |
| Fledgelings | Pre-School | 28,661 | 66,861 | 95,522 | 93,007 |
| 168,945 | 81,861 | 250,806 | 228,961 | ||
| Total 2021 | 142,712 | 86,249 | 228,961 |
| Staff costs | Other costs | Total | Total | ||
|---|---|---|---|---|---|
| 2022 | 2022 | 2022 | 2021 | ||
| The Church | 72,538 | 82,746 | 155,284 | 135,954 | |
| Fledgellngs | Pre-School | 89,375 | 6,147 | 95,522 | 93,007 |
| 161,913 | 88,893 | 250,806 | 228,961 | ||
| Total 2021 | 158,617 | 70,344 | 228,961 |
| Activities | ||||||
|---|---|---|---|---|---|---|
| undertaken | Donations | Support | Total | Total | ||
| directly | to charities | costs | funds | funds | ||
| 2022 | 2022 | 2022 | 2022 | 2021 | ||
| The Church | 104,552 | 17,930 | 32,802 | 155,284 | 135,954 | |
| Fledgelings | Pre-School | 92,305 | 3,217 | 95,522 | 93,007 | |
| Total 2022 | 196,857 | 17,930 | 36,019 | 250,806 | 228,961 | |
| Total 2021 | 179,876 | 16,877 | 32,208 | 228,961 |
| Fledgelings | Total | Total | |||
|---|---|---|---|---|---|
| The Church | Pre-school | funds | funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| F | |||||
| Staff costs | 72,538 | 89,375 | 161,913 | 158,617 | |
| Pastoral, teaching | and youth | 12,183 | 12,183 | 3,077 | |
| Project expenses | 7,173 | 7r173 | 2,328 | ||
| Resources | 2,930 | 2,930 | 3,406 | ||
| 155Fund expenses | 12,658 | 12,658 | 12,448 | ||
| Total 2022 | 104,552 | 92,305 | 196,857 | 179,876 | |
| Total 2021 | 89,601 | 90,275 | 179,876 |
| Fledgelings | Total | Tota( | |||||
|---|---|---|---|---|---|---|---|
| The Church | Pre-school | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021f | ||||
| Insurance and |
office | costs | 1,930 | 1,930 | 1,992 | ||
| Church administration |
costs | 2,968 | 2,968 | 3,427 | |||
| Premises costs | 25,481 | 25,481 | 22,705 | ||||
| Other expenses | including | staff 8 training | 2,373 | 1,287 | 3,660 | 2,614 | |
| Governance costs |
1,980 | 1,980 | 1,470 | ||||
| Total 2022 | 32,802 | 3,217 | 36,019 | 32,208 | |||
| Total 2021 | 29,476 | 2,732 | 32,208 |
| Staff costs | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Wages and | salaries | 152,614 | 149,499 | ||
| Social security costs | 5,145 | 5,083 | |||
| Contribution | to defined | contribution | pension schemes | 4,154 | 4,035 |
| 161,913 | 158,617 |
| The average number of persons employed by t was as follows: |
he Charitable Incorporated Organisation during |
the Period |
|---|---|---|
| 2022 | 2021 | |
| No. | No. | |
| Church | 2 | 2 |
| Pre school | 10 | 10 |
| 12 | 12 |
| Freehold | |
|---|---|
| property | |
| Cost or valuation | |
| At 1 September 2021 |
395,000 |
| At 31 August 2022 | 395,000 |
| Net book value | |
| At 31 August 2022 | 395,000 |
| At 31August 2021 | 395,000 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Trade creditors | 5,970 | 2,237 | |||||||
| Other taxation | and | social | security | 1,160 | 1,169 | ||||
| Other creditors | 874 | 866 | |||||||
| Accruals | and deferred | income | 12,865 | 9,979 | |||||
| 20,869 | 14,251 | ||||||||
| 2022 | 2021 | ||||||||
| Deferred | income at | 1 September | 2021 | 8,509 | 8,041 | ||||
| Resources deferred | during | the period | 11,006 | 8,509 | |||||
| Amounts | released | from previous | periods | (8,509) | (8,041) | ||||
| 11,006 | 8,509 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Financial | assets | |||||||
| Financial | assets | measured | at | fair value through | income and expenditure | 210,022 | 178,672 | |
| 2022 | 2021 | |||||||
| Financial | liabilities | |||||||
| Financial | liabilities | measured | at amortised | cost | 8,004 | 4,273 |
| Statement of f |
unds | - | current |
Period | ||||
|---|---|---|---|---|---|---|---|---|
| Balance at 1 | Balance at | |||||||
| September | Transfers | 31 August | ||||||
| 2021 | Income | Expenditure | in/out | 2022 | ||||
| F | F | |||||||
| Unrestricted funds |
||||||||
| Designated funds |
||||||||
| 'I/I/AF | 7,417 | 7,417 | ||||||
| Property | 395,000 | 395,000 | ||||||
| Contingency | 45,000 | 45,000 | ||||||
| Building fund |
72,798 | (7,173) | 65,625 | |||||
| Designated offerings |
1,166 | (991) | (175) | |||||
| 520,215 | 1,166 | (8,164) | (175) | 513,042 | ||||
| General funds | ||||||||
| General Funds |
- all | funds | 31,819 | 155,336 | (160,781) | 26,374 | ||
| Total Unrestricted | funds | 552,034 | 156,502 | (168,945) | (175) | 539,416 | ||
| Restricted funds | ||||||||
| Pre-school government | funding | 66,861 | (66,861) | |||||
| The 155fund | 22,527 | 13,026 | (12,658) | 22,895 | ||||
| Building fund |
60,973 | 60,973 | ||||||
| Community income |
2,167 | (2,342) | 175 | |||||
| 22„527 | 143,027 | (81,861) | 175 | 83,868 | ||||
| Total of funds | 574,561 | 299,529 | (250,806) | 623,284 |
| 18. | Statement | of | funds | (continued) | (continued) | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Statement | of | funds | - | prior Period | ||||||
| Balance at | Balance at | |||||||||
| 1 | September | Transfers | 31August | |||||||
| 2020 | Income | Expenditure | inlout | 2021 | ||||||
| Unrestricted | funds | |||||||||
| Designated | funds | |||||||||
| WAF | 9,224 | (1,807) | 7,417 | |||||||
| Property | 395,000 | 395,000 | ||||||||
| Contingency | 45,000 | 45,000 | ||||||||
| Building fund |
80,218 | (7,420) | 72,798 | |||||||
| Designated | offerings | 588 | (638) | 50 | ||||||
| 529,442 | 588 | (9,865) | 50 | 520,215 | ||||||
| General funds | ||||||||||
| General Funds |
- all | funds | 22,780 | 135,186 | (132,847) | 6,700 | 31,819 | |||
| Community | income | 6,750 | (6,750) | |||||||
| 29,530 | 135,186 | (132,847) | (50) | 31,819 | ||||||
| Total Unrestricted | funds | 558,972 | 135,774 | (142,712) | 552,034 | |||||
| Restricted | funds | |||||||||
| Pre-school government | funding | 73,801 | (73,801) | |||||||
| The 155fund | 20,482 | 14,493 | (12,448) | 22,527 | ||||||
| 20,482 | 88,294 | (86,249) | 22,527 | |||||||
| Total of funds | 579,454 | 224,068 | (228,961) | 574,561 |
| Summary | of funds - cur | rent Period | ||||
|---|---|---|---|---|---|---|
| Balance at 1 | Balance at | |||||
| September | Transfers | 31 August | ||||
| 2021 | Income | Expenditure | in/out | 2022 | ||
| P | ||||||
| Designated | funds | 520,215 | 1,166 | (8,164) | (175) | 513,042 |
| General funds | 31,819 | 155,336 | (160,781) | 26,374 | ||
| Restricted | funds | 22,527 | 143,027 | (81,861) | 175 | 83,868 |
| 574,561 | 299,529 | (250,806) | 623,284 |
| Summary | of funds - prio | r Period | ||||
|---|---|---|---|---|---|---|
| Balance at | Balance at | |||||
| 1 September | Transfers | 31August | ||||
| 2020 | Income | Expenditure | inlout | 2021 | ||
| Designated | funds | 529,442 | 588 | (9,865) | 50 | 520,215 |
| General funds | 29,530 | 135,186 | (132,847) | (50) | 31,819 | |
| Restricted | funds | 20,482 | 88,294 | (86,249) | 22,527 | |
| 579,454 | 224,068 | (228,961) | 574,561 |
| Analysis | of n | et ass | ets | between funds - cur |
rent year | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| 2022 | 2022 | 2022 | |||||
| P | |||||||
| Tangible | fixed | assets | 395,000 | 395,000 | |||
| Current | assets | 165,285 | 83,868 | 249,153 | |||
| Creditors | due | within | one | year | (20,869) | (20,869) | |
| Total | 539,416 | 83,868 | 623,284 |
| Analysis | of net assets between | funds (continued) | |||
|---|---|---|---|---|---|
| Analysis | of net assets between | funds - prior year | |||
| Unrestrictea | Restrictea | Total | |||
| funds | funds | funds | |||
| 2021 | 2021 | 2021 | |||
| Tangible | fixed assets | 395,000 | 395,000 | ||
| Current | assets | 171,285 | 22,527 | 193,812 | |
| Creditors | due within one year | (14,251) | (14,251) | ||
| Total | 552,034 | 22,527 | 574,561 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Not later than | 1 year | 834 | 10,000 | |
| Later than | 1 | year and not later than 5years | 834 | |
| 834 | 10,834 |