## ## |||Page| |---|---|---| |Trustees' Report||| |Independent
Examiner's|Report|| |Statement ofFinancial Activities||| |Balance Sheet||| |Notes to the Accounts||10-15| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---| |||||Notes|Funds|Funds|2023|2022| |Incomin
resources from|enerated||funds|||||| |Donations and legacies
Rental, investment
and other|income||||18,964
13,498|500|19,464
13,498|19,193
2| ||||||32,462|500|32,962|19,195| |Incoming resources &om charitable||activities||4|2,824||2,824|2,832| |Total incoming resources|||||35+86||35,786|22,027| |Resources ex
nded||||||||| |Charitable
activities
Church activities
Premises related cost|||||29@57||29/57|25,600
1,105| |Total charitable
expenditure|||||29,357||29,357|26,705| |Governance
costs|||||150||150|150| |Total resources expended|||||29,507||29,507|26,865| |Net surplus for the year/
Net movement
in funds|||||5,779|500|6,279|(4,828)| |Fund balances at 1 April 2022|||||137,774||137,774|17,603| |Fund balances at 31 March 2023
Adjustment
ReBalance Sheet||||17|143,553|500|144,053|12,775
124,999| |Fund balances at 31 March|2023 Final||||143,553|500|144,053|137,774| ## |||VICTORY|PENTECOSTAL CHURCH OFGOD|PENTECOSTAL CHURCH OFGOD||| |---|---|---|---|---|---|---| ||||BALANCE SHEET|||| ||||AS AT 31MARCH 2023|||| ||||Notes|2023||2022| |Fixed assets||||||| |Tangible assets||||275,000||275,000| |Current assets||||||| |Debtors|||12|3,121|3,130|| |Investments|||13|||| |Cash at Bank and in||Hand|13|16,100|11,012|| |||||19,221|14,142|| |Creditors: amounts||falling due within||||| |One year|||14|(650)|(1,950)|| |Net current|assets|||18,571||12,192| |Total assets|less current liabilities|||293,571||287,192| |Creditors: amounts||falling due in more than||||| |One year|||15|(149s51S)||(149,418)| |Net assets||||144,053||137,774| |Income funds||||||| |Reserves B/F funds||||12,775||17,603| |Unrestricted|funds|||6,279||(4,828)| |Revaluation|Reserve|||124,999||124,999| ||||17|144,053||137,774| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||VICTOR|Y PENTECOSTAL CHURCH O|Y PENTECOSTAL CHURCH O|Y PENTECOSTAL CHURCH O|FGOD|||| |---|---|---|---|---|---|---|---|---|---|---| |||||NOTES TOTHE ACCOUNTS||||||| ||||FORTHE YEAR||ENDED 31MARCH||2023|||| ||Donations
and legacies|||||||||| |||||||2023|||2022|| ||Donations
and gifts|||||19,464|||19,193|| ||Premises Renovation|Fundraising||||||||| |||||||19,464|||19,193|| |3.|Rental and investment||income|||||||| |||||||2023|||2022|| ||Rental income|||||13,439||||| ||Interest received||||||59|||| |||||||13,49$||||| |4.|Incoming resources from charitable|||activities||||||| |||||||2023|||2022|| |||||||f||||| ||Gift Aid tax recovered|||||2,824|||2,832|| ||Conference Income|||||||||| |5.|Total resources expended|||||||||| ||||||Other|Grant||Total||Total| ||||||costs|~Fnndin||2023||2022| ||Charitable
activities|||||||||| ||Church activities|||||||||| ||Activities undertaken|directly|||17,357|||17@57||14,705| ||Donations
and gifts|||||||||| ||Support costs||||12,000|||12,000||12,000| ||Total||||29@57|||29+57||26,705| ||Costs ofInvestments/Premises|||||||||| ||Improvements
to Premises Spend|||||||||| ||||||29+57|||29,357||26,705| ||Governance
costs|||||||150||150| ||||||29,507|||29,507||26,855| ## ## ## ## ## |Activities undertaken|directly||||| |---|---|---|---|---|---| |||||2023|2022| |Other costs relating to church activities comprise:-
Pastoral fees and expenses
Printing &Stationary
Light and heat
General Expenses
Telephone &Computer
Charges
Motor expenses||||3,600
143
907
9228
1,548
1,806|3,600
116
2,611
4,488
1,737
1,669| |Equipment
Hire|||||| |Flowers|||||| |Misc Items
Professional Fees &Other Exp
Bank Charges||(Includes Premises hire below)||28
97|219
265| |||||17,357|14,705| |Other costs relating to|Improving||Building||| |Premises Hire|||||| |Professional Fees|||||| |Architect Fees|||||| |Building Control|||||| |Donations
8r, GiIIs included||in|General Exp)|2023|2022| |Gifts: Artist, Preachers, Musicians etc||||209|| |Grants to individuals|||||| |||||209|| ## ## ## ## ||FORTHE YE|ARENDED 31MARCH 2023|| |---|---|---|---| |Support costs||2023|2022| |Administrative|expenses|12,000|12,000| |Repairs|||| |Staffcosts|||| |Depreciation|||| |||12,000|12,000| ## ## |Employees|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Number ofemployees|||||||||||| |The average monthly|number ofemployees|||during|the year was:-||||||| ||||||||2023|||2022|| ||||||||Number|||Number|| |Administration|||||||||||| |There were no employees||whose annual|emoluments||were|f60,000or||more.|||| |Tangible
fixed Assets|||||||Fixtures,||||| |||||Land and|||fittings dt||Motor||| |||||~bnttdin||e|equi|ment|vehicles||Total| |Cost or valuation|||||||||||| |At 1 April 2022||||275,000|||1,857||||276,857| |Additions||||||||0|||| |Disposals|||||||||||| |At 31March 2022||||275,000|||1,857||||276,857| |Depreciation|||||||||||| |At
1 April 2022|||||||1,857||||1,857| |Charge for the year|||||||||||0| |Eliminated
on disposal|||||||||||0| |At 31March 2022|||||||1,857||||1,857| |Net book value|||||||||||| |At 31March 2022||||275,000|||||||275,000| |At 31March 2023||||275,000|||||||275,000| ## ## |||FORTHE YEAR ENDED 31|MARCH 2023|| |---|---|---|---|---| |12.|Debtors|||| ||||2023|2022| ||||f,|| ||Income Tax Recoverable||2,824|2,832| ||Other Debtors||298|298| ||Prepayments
and Accrued Income|||| ||||3,121|3,130| |13.|Current asset investments|||| ||These comprise short|term deposits.||| |14.|Creditors: amounts|falling due within one year|2023|2022| ||Property
loans
Other Creditors
Accruals
Accrued Admin/Expenses||50
600|50
600
1 300
1,950| |15.|Creditors: amounts|falling due in more than one year|2023|2022| ||Loans re improvement|to buildings|149,518|149,418| ||||149,518|149,418| ## |capital expe|nditure:-
Th|e restricte|d funds|were all expended dur|ing the financial y|ear ending 31st|ear ending 31st|March .| |---|---|---|---|---|---|---|---|---| ||||||Movement|in funds||| |||||Balance at|incoming|Resources||Balance at| |||||~1A rii 2022|Referrer|~Ex|eded|31March 2023| |Building and capital expenditure|||fund||500|||| |Capitalised|Expenditure|Re Flat||||||| ||||||500|||500| ## ## |17.|Analysis ofnet assets between funds|Analysis ofnet assets between funds|||||| |---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|| ||||||funds|funds|Total| ||Fund balances at 31 March 2023 are represented|||by:-|||| ||Tangible fixed assets||||275,000||275,000| ||Current assets||||19/21||19,221| ||Creditors: amounts
falling due|within one year|||(650)||(650)| ||Creditors: amounts
falling due|in more than one||year||(149,518)|(149,518)| ||||||293,571|(149,518)|| ||||||Unrestricted|Restricted|| ||||||funds|funds|Total| ||Unrealised
gains included above:||||||| ||On tangible fixed assets||||124,999||124,999| ||||||124,999||124,999| ||Reconciliation ofmovements|in unrealised|gains||||| ||Unrealised
gains at I April 2022||||124,999||124,999| ||Revaluation
in year||||||| ||Unrealised
gains at 31 March|2023|||124,999||124,999| |18.|Cash Flow Statement||||||| ||Opening
Bank/Cash
Balance||||||11,012| ||Increase/(Decrease)
in Creditors||||||(1,200)| ||W.I.P Fixed Asset||||||| ||PAL Loss||||||6,279| ||(Increase)/Decrease
in Debtors||||||9| ||Closing Bank/Cash
Balance||||||16100| ##