``` REGISTERED CHARITY NUMBER: 1175081 ``` ``` Unaudited Financial Statements for the Year Ended 31 March 2023 ``` ## **`for`** ``` Love Caerphilly Charitable Incorporated Organisation (CIO) ``` ``` The Rowleys Partnership Ltd Chartered Accountants Charnwood House Harcourt Way Meridian Business Park Leicester Leicestershire LE19 1WP ``` ``` Love Caerphilly Charitable Incorporated Organisation (CIO) ``` ``` Contents of the Financial Statements for the Year Ended 31 March 2023 ``` ||**`Page`**| |---|---| |**`Reference and Administrative Details`**|`1`| |**`Report of the Trustees`**|`2 to 4`| |**`Independent Examiner's Report`**|`5`| |**`Statement of Financial Activities`**|`6`| |**`Balance Sheet`**|`7 to 8`| |**`Notes to the Financial Statements`**|`9 to 15`| |**`Detailed Statement of Financial Activities`**|`16`| ``` Love Caerphilly Charitable Incorporated Organisation (CIO) ``` ``` Reference and Administrative Details for the Year Ended 31 March 2023 ``` |**`TRUSTEES`**|`A S Matheson`| |---|---| ||`L Black`| ||`R Mtetwa`| ||`C R Watson (appointed 1.3.23)`| |**`PRINCIPAL ADDRESS`**|`102 Bartlett Street`| ||`Caerphilly`| ||`Mid Glamorgan`| ||`CF83 1JU`| |**`REGISTERED CHARITY NUMBER`**|`1175081`| |**`INDEPENDENT EXAMINER`**|`The Rowleys Partnership Ltd`| ||`Chartered Accountants`| ||`Charnwood House`| ||`Harcourt Way`| ||`Meridian Business Park`| ||`Leicester`| ||`Leicestershire`| ||`LE19 1WP`| ``` Page 1 ``` ``` Love Caerphilly Charitable Incorporated Organisation (CIO) ``` ``` Report of the Trustees for the Year Ended 31 March 2023 ``` ``` Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended 31March2023.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities: StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1 January 2019). ``` ``` Thefinancialstatementshavebeenpreparedinaccordancewiththeaccountingpoliciessetoutin the notestotheaccountsandcomplywiththecharity’sgoverningdocument,theCharitiesAct2011 and AccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUK and Republic of Ireland published in October 2019. ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` Thecharitywasestablishedunderatrustdeeddated10October2017andwasregisteredasa Charitable Incorporated Organisation (CIO) on the same date. ``` ``` TheobjectiveoftheCIOistheadvancementoftheChristianfaith.Inparticularcharitable missionary workwithintheUnitedKingdomandWorldwide,andtorelievepersonswhoareinconditionsofneed or hardship, or who are aged and sick by use of our own financial and human resources. ``` ## **`Public benefit`** ``` ThetrusteeshaveconsideredtheCharityCommission'srequirementsinrespectofpublicbenefit.In their view the charity meets, in full, the criteria to satisfy the test. ``` ``` Page 2 ``` ``` Love Caerphilly Charitable Incorporated Organisation (CIO) ``` ## **`Report of the Trustees`** ``` for the Year Ended 31 March 2023 ``` ## **`ACHIEVEMENT AND PERFORMANCE`** ## **`Charitable activities`** ``` The activities carried out to date are commensurate with the objectives and aims of the charity. ThetrusteeshavedelegateddaytodaymanagementtoandaretakingadvicefromJeremyDavey and Robert Sherwin who are the elders of the Church. Jeremy Davey is supported full time by the charity. ``` ``` Thecharity'sbankersareBarclaysbankPLC,1-5StDavid'sWay,Cardiff,CF102DP,wherea community bank account is held. ``` ``` Thecharity'sinsurancebrokerisThomasCarrol,PendragonHouse,CrescentRoad,Caerphilly,CF83 1XX, whohavesetupthecharity'sliabilityinsurance.Theinsuranceduringthisperiodwasarranged with Congregational-Integra Insurance Solutions Ltd, Currer House, Bradford, BD1 5BA. ``` ``` Allfundswereraisedbyregulargivingbythechurchmembers,aswellasgiftaidclaimsfromHMRC. In ordertominimisethehandlingofchequesandcash,mostdonationssinceApril2020havebeenmade via bank transfer. ``` ``` Allsocialactioninitiativesthatinvolvedanygatheringofpeople,suchasourBabyandToddler group, followed Risk Assessments. ``` ``` Financialandothersupporthasbeenprovidedtothoseinneed;includingindividualsincrisisdueto the riseoflivingcosts,supporttotheCareProject,andprojectsasidentifiedbyMinistriesWithout Borders. Weaimtomaintainthereservesatthecurrentlevelwhilecontinuingtofulfilthecharitablepurpose of the Trust. ``` ``` InMarch2023,weemployedAnneSherwinintheroleofChurchAdministrator,duetotheincreased and ongoing work of the CIO. ``` ## **`FINANCIAL REVIEW`** ## **`Financial position`** ``` Atthebalancesheetdate,thenetassetsofthecharitytotalled£159,656(2022-£136,589).The overall financialpositionofthecharitywasconsideredrobustas£161,972(2022-£138,026)washeldincash. The totalincomeresourcesfortheyearwere£110,680(2022-£95,019)Thetotalresourcesexpendedfor the year were £85,286 (2022 - £81,118) resulting in a net surplus of £25,394 (2022 - £13,901). ``` ## **`Reserves policy`** ``` Theaimofthetrusteesistomaintaincashsavingstocovermorethansixmonthsrunningcostsinorder to ensurethelong-termviabilityofthecharity.Allotherunrestrictedfundsareavailabletobeusedfor any futuresupport,projects,purchaseofproperty,orsupportofmorestaff.Totalunrestrictedfundsat the year- end are £161,983 (2022 - £136,589). ``` ## **`FUTURE PLANS`** ``` Thefutureplansaretocontinuefollowingonfromwhathasbeenachievedtodateinthesamevein, and seektoachievegrowthinchurchnumberstofurtherpromoteandachievetheobjectivesandaimsof the charity. ``` ``` Page 3 ``` ``` Love Caerphilly Charitable Incorporated Organisation (CIO) ``` ## **`Report of the Trustees`** ``` for the Year Ended 31 March 2023 ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesa Charitable Incorporated Organisation. ``` ## **`Recruitment and appointment of new trustees`** ``` In March 2023, Cerian Watson was appointed as new trustee for the CIO. ``` ``` Wheretheneedtorecruitandappointnewtrusteesarisesitisintendedthattheyareselectedfrom within thecommittedmembershipofthechurchwithappropriateandsuitableexperiencetostrengthen the team. ``` ## **`Related parties`** ``` ThecharityhasspiritualinputfromKeriJonesofMinistriesWithoutBorders,asanApostlewho has oversightofanumberofsimilarchurchesthroughouttheUKandabroad.Thechurchmeetswith other relatedchurchesfromtimetotime.Thechurchhasvisitingministriesfromotherchurches. Church memberspartakeinChristianbasedseminarsandmeetingstoaidtheirdevelopment.Thewhole church meetsusuallyannuallywithotherrelatedchurchesforaweekoffellowshipincludingvarious seminars, worship and preaching. ``` ## **`Risk management`** ``` Thetrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandto ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ``` ``` InordertoachievethisthetrusteeshavesetupanumberofpoliciesincludingaFinancialpolicy, Child protectionpolicyincludingfullDBSregistration,Vulnerableadultprotectionpolicy,Healthand safety policyincludingriskassessmentsofactivitiesandDataprotectionpolicyandarrangementsunderthe new GDPR regulations. ``` ``` These arrangements will be reviewed and updated when circumstances change and on a regular basis. ``` ``` Approved by order of the board of trustees on 21 July 2023 and signed on its behalf by: ``` ``` A S Matheson - Trustee ``` ``` Page 4 ``` ``` Independent Examiner's Report to the Trustees of Love Caerphilly Charitable Incorporated Organisation (CIO) ``` ## **`Independent examiner's report to the trustees of Love Caerphilly Charitable Incorporated Organisation (CIO)`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsofLoveCaerphilly Charitable Incorporated Organisation (CIO) (the Trust) for the year ended 31 March 2023. ``` ## **`Responsibilities and basis of report`** ``` AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin accordance with the requirements of the Charities Act 2011 ('the Act'). ``` ``` IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheAct and incarryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharity Commission under Section 145(5)(b) of the Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention in connection with the examination giving me cause to believe that in any material respect: ``` `1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be reached. ``` ``` Mrs L G Parkes FCA FCCA ``` ``` The Rowleys Partnership Ltd Chartered Accountants Charnwood House Harcourt Way Meridian Business Park Leicester Leicestershire LE19 1WP ``` ``` 25 July 2023 ``` ``` Page 5 ``` ## **`Love Caerphilly Charitable Incorporated Organisation (CIO)`** ## **`Statement of Financial Activities for the Year Ended 31 March 2023`** |`2023`
`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
**`Charitable activities`**
`3`
`Tithe income`
`95,746`
`Offering`
`14,620`
`Investment income`
`2`
`314`
**`Total`**
`110,680`
**`EXPENDITURE ON`**
**`Charitable activities`**
`4`
`Tithe income`
`64,652`
`Offering`
`20,634`
**`Total`**
`85,286`
**`NET INCOME`**
`25,394`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`136,589`
**`TOTAL FUNDS CARRIED FORWARD`**
`161,983`|`2022`
`Total`
`funds`
`£`
`81,804`
`13,203`
`12`| |---|---| ||`95,019`| ||`66,263`
`14,855`| ||`81,118`| ||`13,901`
`122,688`| ||`136,589`| ``` The notes form part of these financial statements ``` ``` Page 6 ``` ## **`Love Caerphilly Charitable Incorporated Organisation (CIO)`** ## **`Balance Sheet`** ## **`31 March 2023`** |`2023`
`Unrestricted`
`fund`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`10`
`2,327`
**`CURRENT ASSETS`**
`Debtors`
`11`
`4,862`
`Cash at bank and in hand`
`161,972`
`166,834`
**`CREDITORS`**
`Amounts falling due within one year`
`12`
`(7,178)`
**`NET CURRENT ASSETS`**
`159,656`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`161,983`
**`NET ASSETS`**
`161,983`|`2022`
`Total`
`funds`
`£`
`-`
`4,081`
`138,026`
`142,107`
`(5,518)`
`136,589`
`136,589`
`136,589`| |---|---| ``` The notes form part of these financial statements ``` ``` continued... ``` ``` Page 7 ``` ``` Love Caerphilly Charitable Incorporated Organisation (CIO) ``` ## **`Balance Sheet - continued`** ## **`31 March 2023`** |**`FUNDS`**
`13`
`Unrestricted funds`
**`TOTAL FUNDS`**|`161,983`
`161,983`|`136,589`| |---|---|---| |||`136,589`| ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon21July 2023 and were signed on its behalf by: ``` ``` A S Matheson - Trustee ``` ``` C R Watson - Trustee ``` ``` L Black - Trustee ``` ``` R Mtetwa - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 8 ``` ``` Love Caerphilly Charitable Incorporated Organisation (CIO) ``` ``` Notes to the Financial Statements for the Year Ended 31 March 2023 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities: StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102) (effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements have been prepared under the historical cost convention. ``` ``` Thefinancialstatementsarepreparedonagoingconcernbasisunderthehistorical cost convention,modifiedtoincludecertainitemsatfairvalue.Thefinancialstatementsare presented in sterling which is the functional currency of the charity and rounded to the nearest £1. ``` ``` Thefinancialstatementshavebeenpreparedtogivea'trueandfair'viewandhavedeparted from theCharities(AccountsandReports)Regulation2008onlytotheextenttoprovidea'trueand fair view'.ThisdeparturehasinvolvedfollowingtheAccountingandReportingbyCharities: Statement ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewith the FinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)issued in October2019ratherthantheAccountingandReportingbyCharities:Statementof Recommended Practice effective from 1 April 2005, which has since been withdrawn. ``` ``` Thesignificantaccountingpoliciesappliedinthepreparationofthesefinancialstatementsare set outbelow.Thesepolicieshavebeenconsistentlyappliedtoallyearspresentedunless otherwise stated. ``` ## **`Income`** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ``` Income from investments is included in the SOFA in the period in which it is receivable. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have been allocated to activities on a basis consistent with the use of resources. ``` ``` Expenditureonofficeequipmentandcomputersbelow£1,000arewrittenoffintheStatement of Financial Activities in the year. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its estimated useful life. ``` ``` Computer equipment- 25% on cost ``` ``` continued... ``` ``` Page 9 ``` ``` Love Caerphilly Charitable Incorporated Organisation (CIO) ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2023`** ## **`1. ACCOUNTING POLICIES - continued`** ## **`Taxation`** ``` The charity is exempt from tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial statements. ``` ## **`Debtors and creditors`** ``` Debtorsandcreditorswithnostatedinterestrateandreceivableorpayablewithinoneyear are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. ``` ## **`Cash at bank and in hand`** ``` Cash at bank and in hand includes cash in hand and monies on short term deposits at the bank. ``` ## **`Going concern`** ``` Thefinancialstatementshavebeenpreparedonagoingconcernbasisasthetrusteesbelieve that nomaterialuncertaintiesexist.Thetrusteeshaveconsideredtheleveloffundsheldand the expectedlevelofincomeandexpenditurefor12monthsfromauthorisingthese financial statements.Thebudgetedincomeandexpenditureissufficientwiththelevelofreservesfor the charity to be able to continue as a going concern. ``` ## **`2. INVESTMENT INCOME`** |**`INVESTMENT INCOME`**||| |---|---|---| ||`2023`|`2022`| ||`£`|`£`| |`Deposit Account interest`|`314`|`12`| ``` continued... ``` ``` Page 10 ``` ``` Love Caerphilly Charitable Incorporated Organisation (CIO) ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2023`** |**`3.`**
**`INCOME FROM CHARITABLE ACTIVITIES`**
`Activity`
`Tithe`
`Tithe income`
`Gift Aid`
`Tithe income`
`Offering`
`Offering`
`Gift Aid`
`Offering`
**`4.`**
**`CHARITABLE ACTIVITIES COSTS`**
`Direct`
`Costs (see`
`note 5)`
`£`
`Tithe income`
`64,652`
`Offering`
`19,272`
`83,924`
**`5.`**
**`DIRECT COSTS OF CHARITABLE ACTIVITIES`**
`Ministry`
`Sunday Ministry`
`Administration and compliance`
`Premises expenses`
`Publicity & evangelism`
`Church family and Bible week`
`Those in Need`
`Giving`
`Computer equipment depn`|`2023`
`£`
`82,578`
`13,168`
`12,462`
`2,158`
`110,366`
`Support`
`costs (see`
`note 6)`
`£`
`-`
`1,362`
`1,362`
`2023`
`£`
`41,517`
`4,188`
`2,535`
`3,525`
`5,613`
`3,804`
`8,490`
`13,981`
`271`
`83,924`||`2022`
`£`
`71,167`
`10,637`
`11,147`
`2,056`| |---|---|---|---| ||||`95,007`| ||||`Totals`
`£`
`64,652`
`20,634`| ||||`85,286`| ||||`2022`
`£`
`42,394`
`1,371`
`2,055`
`2,410`
`6,422`
`1,354`
`7,180`
`16,690`
`-`| ||||`79,876`| ``` continued... ``` ``` Page 11 ``` ``` Love Caerphilly Charitable Incorporated Organisation (CIO) ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2023`** ## **`6. SUPPORT COSTS`** ||`Other`| |---|---| ||`£`| |`Offering`|`1,362`| ## **`7. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2023nor for the year ended 31 March 2022. ``` ## **`Trustees' expenses`** ``` DuringtheyearnoTrusteeswerereimbursedexpenses.Lastyearatrusteewas reimbursed expenses of £7 for various charitable expenses. ``` ## **`8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** ||`Unrestricted`| |---|---| ||`fund`| ||`£`| |**`INCOME AND ENDOWMENTS FROM`**|| |**`Charitable activities`**|| |`Tithe income`|`81,804`| |`Offering`|`13,203`| |`Investment income`|`12`| |**`Total`**|`95,019`| |**`EXPENDITURE ON`**|| |**`Charitable activities`**|| |`Tithe income`|`66,263`| |`Offering`|`14,855`| |**`Total`**|`81,118`| |**`NET INCOME`**|`13,901`| |**`RECONCILIATION OF FUNDS`**|| |`Total funds brought forward`|`122,688`| |**`TOTAL FUNDS CARRIED FORWARD`**|`136,589`| ``` continued... ``` ``` Page 12 ``` ``` Love Caerphilly Charitable Incorporated Organisation (CIO) ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2023`** ## **`9. INDEPENDENT EXAMINATION FEE`** ``` Theamountpayabletotheindependentexaminerfortheindependentexaminationwas £1,362 (2022 - £1,242) including VAT. ``` ## **`10. TANGIBLE FIXED ASSETS`** |**`COST`**
`Additions`
**`DEPRECIATION`**
`Charge for year`
**`NET BOOK VALUE`**
`At 31 March 2023`
`At 31 March 2022`
**`11.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Prepayments and accrued income`
**`12.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Other creditors`
**`13.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 1.4.22`
`£`
`136,589`
`136,589`|`2023`
`£`
`4,862`
`2023`
`£`
`7,178`
`Net`
`movement`
`in funds`
`£`
`25,394`
`25,394`|`Computer`
`equipment`
`£`
`2,598`
`271`
`2,327`
`-`
`2022`
`£`
`4,081`
`2022`
`£`
`5,518`
`At`
`31.3.23`
`£`
`161,983`
`161,983`| |---|---|---|---| ``` continued... ``` ``` Page 13 ``` ``` Love Caerphilly Charitable Incorporated Organisation (CIO) ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2023`** ## **`13. MOVEMENT IN FUNDS - continued`** ``` Net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
**`Comparatives for movement in funds`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`110,680`
`110,680`
`At 1.4.21`
`£`
`122,688`
`122,688`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(85,286)`
`25,394`
`(85,286)`
`25,394`
`Net`
`movement`
`At`
`in funds`
`31.3.22`
`£`
`£`
`13,901`
`136,589`
`13,901`
`136,589`| |---|---|---| ``` Comparative net movement in funds, included in the above are as follows: ``` ||`Incoming`|`Resources`|`Movement`| |---|---|---|---| ||`resources`|`expended`|`in funds`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`95,019`|`(81,118)`|`13,901`| |**`TOTAL FUNDS`**|`95,019`|`(81,118)`|`13,901`| ``` continued... ``` ``` Page 14 ``` ``` Love Caerphilly Charitable Incorporated Organisation ``` ``` (CIO) ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2023`** ## **`14. RELATED PARTY DISCLOSURES`** ``` The total amount of donations received, without conditions, from Trustees totalled £10,970 (2022 - £12,060). ``` ``` Page 15 ``` ## **`Love Caerphilly Charitable Incorporated Organisation (CIO)`** ## **`Detailed Statement of Financial Activities for the Year Ended 31 March 2023`** |**`INCOME AND ENDOWMENTS`**
**`Investment income`**
`Deposit Account interest`
**`Charitable activities`**
`Tithe`
`Offering`
`Gift Aid`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Charitable activities`**
`Ministry`
`Sunday Ministry`
`Administration and compliance`
`Premises expenses`
`Publicity & evangelism`
`Church family and Bible week`
`Those in Need`
`Giving`
`Computer equipment depn`
**`Support costs`**
**`Other`**
`Independent examination`
`Total resources expended`
**`Net income`**|`2023`
`£`
`314`
`82,578`
`12,462`
`15,326`
`110,366`
`110,680`
`41,517`
`4,188`
`2,535`
`3,525`
`5,613`
`3,804`
`8,490`
`13,981`
`271`
`83,924`
`1,362`
`85,286`
`25,394`|`2022`
`£`
`12`
`71,167`
`11,147`
`12,693`| |---|---|---| |||`95,007`| |||`95,019`
`42,394`
`1,371`
`2,055`
`2,410`
`6,422`
`1,354`
`7,180`
`16,690`
`-`| |||`79,876`
`1,242`| |||`81,118`| |||`13,901`| ``` This page does not form part of the statutory financial statements ``` ``` Page 16 ```