| Report ofthe Tnjstees | ||||
|---|---|---|---|---|
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes tothe Financial Statements | ||||
| 7 | to | l2 | ||
| Detailed Statement ofFinancial Activities | 13 | to | 14 |
| 30.6.23 | 30.6.22 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| INCOME AND ENDOWMENTS FROM | funds | funds | ||
| Ttthes and 06crmgs | ||||
| investment | income | 74,057 | 62,307 | |
| Other income | 299 | |||
| 4,011 | ||||
| 78,367 | ||||
| EXPENDITURE ON | ||||
| Charitable | activities | |||
| Charitable | Activities | |||
| Support ck | Admmistfation | 59,820 | 30,973 | |
| 20,321 | 16,659 | |||
| 5,713 | ||||
| Tota1 | ||||
| 85,854 | 55,898 | |||
| NKTINCOME | ||||
| (7,487) | 6„438 | |||
| RECONCILIATION | OFFUNDS | |||
| Total funds | brought forward | |||
| 93,833 | ||||
| TOTAL FUNDS CARRIED FORWARD | ||||
| 86,346 | 93,833 |
| 30.6.23 | 30.6.22 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| FIXEDASSETS | Notes | funds | funds |
| Tangible assets | |||
| 471 | |||
| CURRENT ASSETS | |||
| Cash at bank | |||
| 89,320 | 97,391 | ||
| 89,320 | 97,391 | ||
| CREDITORS | |||
| Amounts falling due within one year |
(5,734) | (4,029) | |
| NKT CURRENT ASSETS | |||
| 83,586 | 93,362 | ||
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | |||
| 86,346 | 93,833 | ||
| 93,833 | |||
| 86,346 | 93„833 |
| Deposit account interest | |||
|---|---|---|---|
| 2 | |||
| ÃKTINCOME/(KXPKNIMTURK) | |||
| Net income/(expenditure) | is stated aller charging/(crediting): | ||
| 30.6.23 | 30.6.22 | ||
| Depreciation -owned assets | |||
| Othero~g leases | 763 2,285 |
157 3,549 |
| Pastoral and Charitable | Activity | 30.6.23 | |
|---|---|---|---|
| 1 | |||
| No employees received | emoluments | in excess oH60,000. | |
| COMPARATIVES FOR THK STATEMENT OFFINANCIAL ACTIVITIES |
| Unrestricted | ||
|---|---|---|
| funds | ||
| INCOME | AND ENI)OWMKNTS FROM | |
| Tithes and | offerings | |
| 77,568 | ||
| 299 | ||
| 78,367 | ||
| KXPK1%$ITURE ON | ||
| Charitable | activities | |
| Charitable | Activities | |
| 26,034 | ||
| 85,854 |
| COMPARATfVKS FORTHE STATEMENT OFFI | NANCIAL ACTAQTIES | -continued | |
|---|---|---|---|
| Unrestricted | |||
| funds | |||
| RECONCILIATION OFFUNDS | |||
| Total funds brought forward | |||
| 93,833 | |||
| TOTAI FUMN CARRIED FORWARD | 86,346 | ||
| TANGIBLE FIXEDASSETS | |||
| Plant Sc | Computer | ||
| machinery | equipment | Totals | |
| At 1July 2022 | |||
| Additions | 7,605 | ||
| 3,053 | |||
| At30June 2023 | 8,605 | 2,054 | |
| DEPRKCIATION | |||
| At 1July 2022 Charge foryear |
7,135 250 |
514 | 7,135 764 |
| At 30June 2023 | 7,385 | 514 | |
| NETBOOKVALUE | |||
| At30June 2023 | 1,220 | 2,760 | |
| At30June 2022 | |||
| 471 |
| CREDITO | RS: AMOUNTS F | ALLING DUF WITHIN ONE | YEAR | ||
|---|---|---|---|---|---|
| 30.6.22 | |||||
| Social security and other taxes | |||||
| Other creditors | 50 | ||||
| Accrued cxpcnscs | 2,383 3,350 |
2,279 1,700 |
|||
| 4,029 | |||||
| Net | |||||
| movement | At | ||||
| At 1.7.22 | in funds | 30.6.23 | |||
| Unrestricted | funds | ||||
| General fund | |||||
| 93„833 | (7,487) | ||||
| 93,833 | (7,487) | 86,346 | |||
| TOTAL FUNDS | 93,833 | (7,487) | 86,346 | ||
| Net movement | m funds, included | in the above are asfollows: | |||
| incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General fund | |||||
| 78,367 | (85,854) | (7,487) | |||
| TOTAL FUNDS | |||||
| 78,367 | (88,884) | (7,487} |
| Incoming | Resources | Movement | ||||||
|---|---|---|---|---|---|---|---|---|
| 1'esources | expended | IBfunds | ||||||
| Unrestricted | funds | |||||||
| General | fund | |||||||
| (85,854) | (7,487) | |||||||
| 78,367 | (85,854) | |||||||
| A current | year | 12months and prior year 12months | combined | position is as follows: | ||||
| At | ||||||||
| At 1.7.22 | 306.23 | |||||||
| Unrestricted | funds | |||||||
| General | fund | 93833 | (7,487} | |||||
| 93,833 | (7,887} |
| incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | In f(Inds | ||
| Unrestricted | funds | |||
| General fund | 78,367 | (85,854) | ||
| TOTAL FUNDS | 78,367 | (85,854) | (7,487} |
| for the Year En | ded 30June 2023 | ||
|---|---|---|---|
| 30.6.23 | 30.6.22 | ||
| INCOME AND ENDOWMENTS | |||
| Donations and | legacies | ||
| Donations | |||
| Gift aid | 74,356 | 62,336 | |
| 4011 | |||
| 78,367 | 62,336 | ||
| Investment income |
|||
| Deposit account | interest | ||
| Total incoming | resources | 78.367 | 62,336 |
| EXPENDITURE | |||
| Charitable activities |
|||
| Hall rentals | |||
| Sundries | 26,617 | 17,797 | |
| Church Ministry- honoraria Mission and evangelism Church Ministry- hospitality Motor Expenses Training |
416 1,479 9„588 137 7,046 |
374 1,684 1,182 600 5,883 |
|
| Hire &leasing ofmotor vehicle Storage |
10,176 2,285 |
1,785 3,549 |
|
| 2,077 | 2,217 | ||
| 59,820 | 30,973 | ||
| Other | |||
| Plant and machinery Computer equipment |
250 514 |
157 | |
| 764 | 157 | ||
| Support costs | |||
| Management | |||
| Wages Pensions |
17,409 | 14,512 | |
| Insurance | 316 | 262 | |
| Postage and stationery Professional fees |
671 310 |
481 55 |
|
| Bank charges Computer consumables |
407 37 |
413 12 |
|
| 1,171 | 936 | ||
| 2~0321 | 16659 |
| 306.22 | |||
|---|---|---|---|
| Governance | costs | ||
| Tithe toAseemblies ofGod | |||
| Accountancy | fees | 3/99 | 2,348 |
| 1,650 | 1,650 | ||
| 4,949 | 3,998 | ||
| Total resources | expended | ||
| 85,854 | 55,898 | ||
| Net deficit/ income | |||
| (7„487) | 6,438 |