## ## ## |||Page| |---|---|---| |Trustees' report||| |Independent
examiner's|report|| |Statement offinancial activities||| |Balance sheet||| |Statement ofcash flows||10| |Notes to the financial statements||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---|---|---| ||||||funds|funds||funds|funds|| ||||||2023
f|2023f|2023
f|2022
f|2022
f|2022f| |Income from:||||||||||| |Donations
and legacies|||||109,087|44,562|153,649|103,236|29,371|132,607| |Church activities|||||2,639||2,639|1,315||1,315| |Investments|||||542||542|95||95| |Total income|||||112,268|44,562|156,830|104,646|29,371|134,017| |~dd||||||||||| |Charitable
activities||||6|137,671|34,491|172,162|133,424|23,358|156,782| |Net||||||||||| |income/(expenditure)||||||||||| |forthe year|||||(25/03)|10,071|(15,332)|(28d778)|6,013|(22d765/| |Transfers between||funds|||2,393|(2,393)||||| |Net movement|in|funds|||(23010)|7678|(15332)|(28778)|6 013|(22765)| |Fund
balances||at|1|||||||| |January 2023
Fund
balances||at|31||559,869|7,441|567,310|588,647|1,428|590,075| |December 2023|||||536,859|15,119|551,978|559,869|7~1|567d310| ## ## ## |||||||2023||2022|| |---|---|---|---|---|---|---|---|---|---| |Fixed assets||||Notes||6||g|| |Tangible assets
Current assets|||||||509,522||535,504| |Debtors||||10||19,852||4,457|| |Cash at bank and in|hand||||29,702|||41,697|| ||||||49,554|||46,154|| |Creditors: amounts|falling due within||one year||(7,098)|||(14,348)|| |Net current assets|||||||42,456||31,806| |Total assets less current||liabilities|||||551,978||567,310| |Income funds|||||||||| |Restricted funds
Unrestricted
funds||||12|||15,119||7,441| |Designated
funds||||13|509,522|||535,504|| |General unrestdcted|funds||||27,337|||24,365|| ||||||||536,859||559,869| ||||||||551,978||567,310| |The 6
n
al statements||were approved|bythe|Trustees on|Peg|Jg|||| ## ## ## ||||||2023||2022| |---|---|---|---|---|---|---|---| |||||Notes|E||E| |Cash flows from operating|activities||||||| |Cash (used)/generated
from operations||||16||(10,786)|| |Investing activities|||||||| |Purchase oftangible
fixed assets|||||(1,750)||(1,822)| |Interest received|||||542||95| |Net cash (used in) investing|activities|||||(1,208)|| |Net cash used in Rnandng|activities||||||| |Net
(decrease)/
increase|in
cash|and|cash|||(11,994)|| |equivalents|||||||| |Cash and cash equivalents|at beginning|of|year|||41,697|| |Cash and cash equivalents|at end ofyear|||||29,702|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---| |||funds|funds||funds|funds|| |||2023|2023||2022|2022|2022| |||6|6|||6|6| |Donations
and gifts
Tax recoverable||95,828
13,259|43,150
1,412|138,978
14,671|91,405
11,831|27,060
2,311|118,465
14,142| |Total income||109,087|44,562|153,649|103,236|29,371|132,607| ||Unrestricted|Unrestricted| |---|---|---| ||funds|funds| ||2022|2022| ||6|f| |Courses||40| |Building rental|1,274|705| |Other receipts|1,365|570| ||2,639|1,315| ## |Unrestricted|Unrestricted| |---|---| |funds|funds| |2022|2022| |6|6| |542|95| ## ## ## ## ||Church|Church| |---|---|---| ||activities|activities| ||2023|2022| ||8|6| |Staff costs
Depreciation
Premises costs
Ministry and outreach expenses
Expensed equipment|86,214
27,733
8,398
9,929|78,529
26,008
16,973
9,850
910| |Other direct costs ofactivities|758|1,500| ||133,032|133,770| |Grant funding ofactivities (see note 7)
Share ofsupport costs (see note 8)
Share ofgovernance
costs (see note 8)|31,599
6,781
750|10,820
11,352
840| ||172,162|156,782| |Analysis by fund||| |Unrestricted
funds
Restricted funds|137,671
34,491|133,424
23,358| ||172,162|156,782| |7
Grants payable||| ||2023|2022| ||6|f| |Grants to institutions:||| |Catalyst|600|600| |Kings Arms Church
Ukraine|1,200
29,549|1,200
8,385| ||31,349|10,185| |Grants to individuals|250|635| ||31,599|10,820| ## ## ## |8
Support c|osts||||||| |---|---|---|---|---|---|---|---| |||Support|Governance|Total|Support|Governance|Total| |||costs|costs||costs|costs|| |||2023
f|2023
f|2023|2022
f|2022|2022
f| |Administrative
expenses
ITand communications||2,050
2,181||2,050
2,181|1,718
3,879||1,718
3,879| |Bookkeeping|and||||||| |administrative
Independent|support
examiner's|2,550||2,550|5,755||5,755| |fees|||750|750||750|750| |Legal and professional||||||90|90| |Total income||6,781|750|7,531|11,352|840|12,192| ## ## |age monthly
number ofemployees
during th|e year was:|| |---|---|---| ||2023|2022| ||Number|Number| |Pastoral||| ||2023|2021| ||f|f| |Wages and salaries|79,252|72,050| |Other pension costs|6,962|6,479| ||86,214|78,529| ## ## ## ||10 Tangible fixed assets||||| |---|---|---|---|---|---| |||Freehold||Fixtures|Total| |||land and||and|| |||buildings||fittings|| ||Cost||||| ||At 1January 2023
Additions|569,151||25,860
1,750|595,011
1,750| ||At 31December 2023|569,151||27,610|596,761| ||Depreciation||||| ||At 1January 2023
Charge for the year|48,660
20,830||10,846
6,903|59,506
27,733| ||At31December 2023|69,490||17,749|87,239| ||Stet BookValue||||| ||At 31December 2023|499,661||9,861|509,522| ||At 31December 2022|520,491||15,014|535,504| |11|Debtors||||| ||Amounts
falling due within one year:||||| ||||2022||2022| ||Other debtors
Pre-payments
and accrued income||f
17,389
2,463||f
2,800
1,657| ||||19,852||4,457| |12|Credfiors||||| ||Amounts
falling due within one year:||||| ||||2022||2022| ||Other creditors
Accruals and deferred income||f
1,591
5,507||f
9,591
4,757| ||||7,098||14,348| ## ## ## ## ## ## ## ||||Movement
in|funds||| |---|---|---|---|---|---|---| |||Balance at 1||||Balance at31| |||January 2023|Incoming|Resources||December| |||6|resourcesf|expended
6|Transfers
6|2023| |Building|Fund|520,491||(20,830)||499,661| |||520,491||(20,830)||499,661| ||||Movement
in|funds||| |||Balance at 1||||Balance at31| |||January2022|Incoming|Resources||December| |||f|resources
f|expended
6|Transfers
6|2022
f| |Building|Fund|541,320|314|(26,097)|4,954|520,491| |||541,320|314|(26,097)|4,954|520,491| ## |||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---| |||funds|funds||funds|funds|| |||2023
6|2023
6|2023
6|2022
f|2022
6|2022
6| |Fund balances at31|||||||| |December|2023 are||||||| |represented|by:||||||| |Tangible assets
Current assets/||509,522||509,522|535,504||535,504| |(liabilities)||27,337|15,119|42,456|24,365|7,441|31,806| |||536,859|15,119|551,978|559,869|7,441|567,310| ## ## ## |15|Related|party transactions|party transactions|||||| |---|---|---|---|---|---|---|---|---| ||Remuneration
of key management|||personnel||||| ||The remuneration
ofkey||management||personnel|is as follows:||| ||||||||2023|2022| ||||||||Numberf|Number
f| ||Aggregate|compensation|||||86,214|78,529| |16|Cash generated
from operations|||||||| |||||||||2022f| ||(Deficit) for|the year|||||(15,332)|(22,765)| ||Adjustments|for:||||||| ||Investment|income recognised|in statement||offinancial|activities|(542)|(95)| ||Donated goods and services|||||||| ||Depreciation|and impairment|oftangible|fixed assets|||27,733|26,008| ||Movements|in working capital||||||| |(increase) in||debtors|||||(15,395)|(149)| ||Increase/(decrease)
in creditors||||||(7,250)|9,098| ||||||||(10,786)|12,097|