2022-12-31-accounts - The Foundry Church

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

						Page
Trustees' annual report (incorporating the			director's	report)
Independent examiner's report		to the trustees
Statement offinancial	activities	(including	income and
expenditure account)
Statement offinancial	position
Notes to the financial	statements
The following pages	do not form part ofthe financial				statements
Detailed statement of	financial	activities				20
Notes to the detailed	statement	offinancial	activities			22

Year ended 31 Dece	mber	2022
					2022		2021
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note		f	E	8
Income and endowments
Donations and legacies Other trading activities Other income			5 6 7	189,191 20,807 3948	36,715	225,906 20,807 3,948	177,054 17,606 1,698
Total income				213,946	36,715	250,661	196,358
Expenditure
Expenditure on raising funds:
Costs of raising donations and legacies Expenditure on charitable activities			8 9,10	26,617 153,767	36,715	26,617 190,482	1,956 195,031
Total expenditure				180,384	36,715	217,099	196,987
Net Income/(expenditure) movement In funds	and	net		33,562	—	33,562	(629)
Reconciliation offunds
Total funds brought forward				712,269		712,269	712,898
Total funds carried forward				745,831		745,831	712,269

31 Decemb	er 20	22
					2022	2021
				Note		6
Fixed assets
Tangible fixed assets				15	653,921	655,207
Current assets Debtors				16	618	7,910
Cash at bank	and in	hand			97,854	54,643
					98,472	62,553
Creditors: amounts		falling	due within one year	17	6,562	5,491
Net current	assets				91,910	57,062
Total assets	less current		liabilities		745,831	712,269
Net assets					745,831	712,269
Funds ofthe charity Unrestricted funds					745,831	712,269
Total charity	funds			20	745,831	712,269

Fixtures	and fittings	25% reducing	balance
Equipment		25% reducing	balance
Freehold	Property	0%

					Unrestricted	Restricted	Total Funds
					Funds	Funds	2022
						f	6
	Donations
	General Fund Income from	Offerings PRC			160,363 6,000	10,150	170,513 6,000
	Legacies Legacies				12,961		12,961
	Gifts
	Gift aid tax received				9,867		9,867
	Grants
	HAF grant					26,565	26,565
	Local Area Network		grant
	Government	grant income
					189,191	36,715	225,906
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
					6	6	E
	Donations
	General Fund Offerings Income from PRC				142,030 4,200	3,182	145,212 4,200
	Legacies
	Legacies
	Gifts
	Gift aid tax received				17,353	563	17,916
	Grants
	HAF grant Local Area Network Government grant		grant income		455 2,433	6,838	455 6,838 2,433
					166,471	10,583	177,054
6.	Other trading	activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
				L'
	Events & Facilities		Income	20,807	20,807	17,606	17,606

Other	income
		Unrestricted	Total	Funds	Unrestricted	Total	Funds
		Funds		2022	Funds		2021
		6		F	E
Tuck Fee	Shop Income	828 3,120		828 3,120	574 1,124		574 1,124
		3,948		3,948	1,698		1,698

Costs of raising	donations	and lega	cies
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds 6	2022 f	Funds f	2021
Events & Facilities			25,735	25,735	1,956	1,956
Foundry Shop			882	882
			26,617	26,617	1,956	1,956
Expenditure on	charitable	activities	by fund type
				Unrestricted	Restricted	Total Funds
				Funds f	Funds F	2022 f
Direct charitable	activities			150,545	36,715	187,260
Support costs				3,222		3,222
				153,767	36,715	190,482
				Unrestricted	Restricted	Total Funds
				Funds 2	Funds f	2021 2
Direct charitable	activities			175,255	16,686	191,941
Support costs				3,090		3,090
				178,345	16,686	195,031

Expenditure	on	charitable activi	ties by activity type
			Activities
			undertaken	Support	Total funds	Total fund
			directly	costs 8	2022 6	2021 f
Direct charitable		activities	187,260		187,260	191,941
Governance	costs			3,222	3,222	3,090
			187,260	3,222	190,482	195,031

11.	Net Income/(expenditure)	Net Income/(expenditure)
	Net income/(expenditure)			is stated after	charging/(crediting):	2022	2021
						F	6
	Depreciation	oftangible	fixed assets			1,286	1,716
12.	Independent	examination		fees
						2022	2021
						F	6
	Fees payable Independent	to the independent examiner for: examination of the financial statements				2,208	2,208

Staff costs
The total staff costs	and	employee	benefits for		the reporting	period are analysed as follows: 2022 2021
							F
Wages and salaries Employer contributions		to pension	plans			110,608 2,401	120,676 2,580
						113,009	123,256
The average head	count of employees			during	the year was 5 (2021:5).The average		number of
full-time equivalent	employees during the year				is analysed	as follows: 2022	2021
						No.	No.
Number of staff						5	5

15.	Tangible fixed assets
			Freehold	Fixtures and
			property	fittings	Equipment	Total
			E	E.	E	E
	Cost
	At 1 January 2022 and 31 December 2022		650,062	4,453	11,809	666,324
	Depreciation At 1 January 2022 Charge for the year			3,044 352	8,073 934	11,117 1,286
	At 31 December 2022			3,396	9,007	12,403
	Carrying amount At 31 December 2022		650,062	1,057	2,802	653,921
	At 31 December 2021		650,062	1,409	3,736	655,207
16.	Debtors
					2022	2021
					E
	Trade debtors					4,910
	Other debtors				618	3,000
					618	7,910
17.	Creditors: amounts	falling due within one year
					2022	2021
	Accruals and deferred		income		3,309	2,755
	Social security and other taxes				3,253	2,736
					6,562	5,491

The amounts	recognised in the financi	al statements for governme	nt grants are as follo	ws:
			2022	2021
			E	E
Recognised Government	in income from donations grants income	and legacies:		2,433

			At				At
		1 January 6	20 22	Income	Expenditure L'	Transfers f	31 December 2022
General funds		712,269		213,946	(180,384)		745,831
			At				At
		1 January	20 21	Income 6	Expenditure	Transfers f	31 December 2021 F
General funds		709,248		185,775	(180,301)	(2,453)	712,269
Restricted	funds
			At				At
		1 January 6	20 22	Income f	Expenditure f	Transfers 6	31 December 2022 6
Restricted	Funds			36,715	(36,715)
			At				At
		1 January 6	20 21	Income 6	Expenditure 6	Transfers 6	31 December 2021 f
Restricted	Funds	3,650		10,583	(16,686)	2,453

Analysis of net as	sets between funds
		Unrestricted	Total Funds
		Funds	2022
		E
Tangible fixed assets Current assets		653,921 98,472	653,921 98,472
Creditors less than	1 year	(6,562)	(6,562)
Net assets		745,831	745,831
		Unrestricted	Total Funds
		Funds	2021
		E	6
Tangible fixed assets Current assets		655,207 62,553	655,207 62,553
Creditors less than	1 year	(5,491)	(5,491)
Net assets		712,269	712,269

Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 December 2022
	2022f	2021f
Income and endowments
Donations and legacies General Fund Offerings Income from PRO	170,513 6,000	145,212 4,200
Legacies Gift aid tax received HAF grant Local Area Network grant Government grant income	12,961 9,867 26,565	17,916 455 6,838 2,433
	225,906	177,054
Other trading activities Events & Facilities Income	20,807	17,606
Other income
Tuck Shop Fee Income	828 3,120	574 1,124
	3,948	1,698
Total Income	250,661	196,358

Year ended 31 Decemb	er 2022
		2022	2021
		8	E
Expenditure
Costs of raising donations Wages and salaries Repairs and maintenance Insurance Legal and professional fees Other offic costs	and legacies	15,449 1,360 659 76 3,260	1,858
Gifts		590
Rent, rates, light &heat Sundry expenditure Catering Supplies		1,770 1,691 107 1,655	38 60
		26,617	1,956
Expenditure on charitable Wages and salaries pension costs Light and heat Repairs and maintenance Insurance Other motor/travel costs	activities	95,159 2,401 14,237 5,951 5,976 235	120,676 2,580 3,869 8,685 6,160 339
Legal and professional fees Telephone Other office costs Depreciation Bank charges Gifts Rates, light &heat Sundry expenditure Accommodation		6,625 904 11,027 1,286 623 12,885 2,941 482 2,700	5,097 1,785 24,877 1,716 109 2,236 1,880 2,856
Catering Supplies Advertising & marketing		13,012 14,038	6,221 5,909 36
		190,482	195,031
Total expenditure		217,099	196,987
Net income/(expenditure)		33,562	(629)

Year ended 31 Dec	emb	er 2022
			2022	2021
				6
Costs ofraising donations		and legacies
Events &Facilities
Wages and salaries Repairs and maintenance Insurance			15,449 1,360 659
Legal and professional Other office costs	fees		76 3,260	1,858
Gifts			590
Rent, rates, light &heat Sundry expenditure Catering Supplies			1,770 1,691 107 1,655	38 60
Costs of raising donations		and legacies	26,617	1,956

Year ended 31 Dec	em	ber 2022
			2022	2021
			E	6
Expenditure on charitable		activities
Direct charitable activities
Act/vlt/es undertaken	direct/y
Wages and salaries Pension costs			95,159 2,401	120,676 2,580
Light and heat Repairs &maintenance Insurance			14,237 5,951 5,976	3,869 8,685 6,160
Other motor/travel costs			235	339
Legal and professional Telephone	fees		3,403 904	2,007 1,785
Other office costs			11,027	24,877
Depreciation			1,286	1,716
Bank charges			623	109
Gifts			12,885	2,236
Rates, light &heat Sundry expenditure			2,941 482	1,880 2,856
Accommodation			2,700
Catering Supplies Advertising & marketing			13,012 14,038	6,221 5,909 36
			187,260	191,941
Governance costs
Accountancy fees			3,222	3,090
Expenditure on charitable		activities	190,482	195,031