REGISTERED COMPANY NUMBER: 07218377 (England and Wales) REGISTERED CHARITY NUMBER: 1175505
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2022 CHRISTIAN GROWTH CENTRE, BASILDON
CHRISTIAN GROWTH CENTRE, BASILDON
## CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2022
|||Page|
|---|---|---|
|Report of the Trustees||1 to|
|Statement of Financial||10|
|ActivitiesBalance Sheet||11|
|Notes to the Financial||13|
|Statements|-||
CHRISTIAN GROWTH CENTRE, BASILDON (REGISTERED NUMBER: 07218377)
## REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
## OBJECTIVES AND ACTIVITIES
## Objectives and aims
Our Charity’s purposes as set out in the objects contained in the company's Memorandum and Articles of Association are:
- To advance the Christian faith in accordance with the Statement of Beliefs appearing in the Schedule hereto in Basildon and in such parts of the United Kingdom and the world as the Trustees may from time to time think fit and other such purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the Charity;
- To further Christian education in such parts of Basildon and the surrounding area and in such other parts of the United Kingdom and the world as the Trustees may from time to time think fit to relieve persons who are in a condition of need or hardship or who are aged or sick and to relieve the distress caused thereby in such parts of Basildon and the surrounding area and in such other parts of the United Kingdom and the world as the Trustees may from time to time think fit.
- To provide and maintain facilities (whether in a purpose-built Community Centre or otherwise) for the benefit of the community of Basildon and the surrounding neighbourhood which facilities may without limitation include the provision of child-care services and meetings, lectures, and classes, and other forms of education, recreation, and leisure-time occupation without distinction of race, sex, political, religious or other opinion and with the object of improving the conditions of life for the said inhabitants as the Trustees may from time to time in their discretion determine.
## **Grant making**
Currently, CGC Basildon does not give grants by application. However, gifts may be given to other charitable organizations to help to achieve CGC Basildon’s charitable objects and mission statement. Gifts are given at the discretion of the Trustees on recommendations submitted by the Senior Pastor(s).
## Volunteers
CGC Basildon recognizes that the work of volunteers contributes significantly to the activities and success of CGC Basildon on every level. From the Trustees through to the welcome team, there are volunteers working passionately and tirelessly, giving time and skills to further the work of the Charity and helping it to achieve its objectives
CGC Basildon is committed to involving volunteers directly within the organization to:
- Contribute to the delivery of our Sunday services, community projects, and events.
- Form our board of trustees.
- Make sure we are responsive to the needs of the congregation and the community we serve.
- Provide different skills and perspectives.
3
CHRISTIAN GROWTH CENTRE, BASILDON (REGISTERED NUMBER: 07218377)
## REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2022
OBJECTIVES AND ACTIVITIES
Ensuring that our work delivers our aims
We review our aims, objectives, and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit and complied with section 17(5) of the 2011 Charities Act when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees/Directors consider how planned activities will contribute to the aims and objectives they have set.
The review also helps us to ensure that our aim, objectives, and activities remained focused on the
charity’s objectives.
The Focus of our work
Our main objectives for the year ending 31st March 2022 continued to be:
- The propagation of the Christian gospel – To support our local Pastor in reaching the local community through dialogue and exploration of Christianity.
- Relief – we aim to be available in extending our generosity, love, and empathy to those in our community who may be in need, hardship, and distress.
Our core purpose is to benefit the residents of Basildon and surrounding areas by offering our Centre as a community hub for relationships and cohesion.
4
CHRISTIAN GROWTH CENTRE, BASILDON (REGISTERED NUMBER: 07218377)
## REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
## ACHIEVEMENT AND PERFORMANCE
## **Charitable activities**
Homeless feeding – Working alongside an initiative of Churches Together Basildon, our charity continued to offer hot meals to the homeless community every Tuesday evening at 6:30pm to 7:30pm. The average attendance for these meals ranges from 16 to 25 individuals and again our centre continues to receive positive reviews from our service users.
Community Outreach – We continue to share our faith through conversation with our local community and inviting interested parties to our regular meetings on Sundays that run from 10:00 am to 11:30 am and have seen a regular attendance of between 35 – 60 parishioners and visitors weekly. We also run weekly small group meetings, a regular prayer meeting and a children’s church service.
TRUSTEES - The trustees remained the same in this period.
## **FINANCIAL REVIEW**
Net assets fell from £9,239 - (2021) to £4,809 in 2022. This was due to the impact of covid. Despite the fall in net asset, the trustees believe that the charity is sustainable for the next 12 months.
## **Investment policy and objectives**
Currently, the charity do not have any investment funds.
## Reserves policy
The Trustees have considered the level of reserves they wish to retain appropriate to the charity's needs. This is based on the charity's size and the level of commitment held. The Trustees aim to ensure the charity will be able to continue to fulfil their charitable objectives even if there is a temporary shortfall in income. The Trustees will endeavour to not 'sit' in on funds unnecessarily.
## FINANCIAL POSITION UPDATE
The Statement of Financial Activities for the period to 31[st. ] March 2022 show gross income of £49,206 (2021 - £48,388) and net expenditure of £53,636 (2021 - £56,590 ). Reserves at the year-end amount to £4,809 (2021- £9,239) and are considered adequate to support the ongoing plans of the charity.
5
CHRISTIAN GROWTH CENTRE, BASILDON (REGISTERED NUMBER: 07218377)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2022
## FUTURE PLANS
Outreach - Our short-term future goal is to open community café and a shared workspace centre, that will play an important role in connecting with people and as a means for discipleship and church growth.
## **STRUCTURE, GOVERNANCE, AND MANAGEMENT**
## **Governing document**
The organization is a charitable company limited by guarantee, incorporated on 09th April 2010. The Company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £100.
## **Recruitment and appointment of new trustees**
The directors of the company are also charity trustees and are known as Trustees in the company’s Articles. Under the requirements of the Memorandum and Articles of Association, new trustees are elected by the board and are not subject to retirement by rotation. The office of a trustee continues until retirement or removal in accordance with the articles.
There are at least three trustees in post at any one time and it is a priority that we have a range of skills available to manage the diversity of CGC Basildon religious and community work. Currently we have a range of skills on the team including business and financial management, life coaching and pastoral care.
As trustees retire from the board, CGC Basildon seeks to find new members to replace the skills lost. Because of the nature of our work and requirement for trustees to sign up to the Statement of Faith (as laid out in the schedule to the articles), trustees may approach suitable persons who already serve in the organization. Board members may also make enquiries about potential suitable candidates by approaching partnering ministries with similar ethos and values.
Through the process of recruitment, new trustees are required to
- Provide references- on application
- Declare any conflicts of interest and sign a declaration that they are not disqualified from being a trustee at interview
- Sign the Statement of Faith in the Schedule to the Articles - at appointment
## **Organizational structure**
In CGC Basildon the Pastor(s) and Board of Trustees play their own parts in the leadership of the church.
We currently have a board of three trustees who are responsible and accountable for: Strategic Planning, Finances, Facilities, Pastoral Search, Risk Management and Church Policy
The day to day running of the charity is led by the Senior Pastor(s) who have direct oversight and are accountable for: Spiritual Leadership, Visionary Leadership, Directorship of Programs/Ministries Reporting, Ministry Progress, Worship and Personnel Management.
6
CHRISTIAN GROWTH CENTRE, BASILDON (REGISTERED NUMBER: 07218377)
## REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2022
## STRUCTURE, GOVERNANCE, AND MANAGEMENT
Induction and training of new trustees
To help our trustees succeed in their posts, it is important for them and the charity that there is a clear and transparent application, interview, and induction process to clarify expectations and responsibilities.
In the process of Trustee recruitment and induction, new trustees are:
1. Issued an induction pack containing (but not limited to);
- Charity commission Publication CC3
- Relevant policies such as the Vision and Values Statements
- The Statement of Faith
- The latest accounts
- Last annual report
- Recent board meeting minutes
- Organizational structure diagram
2. Asked to attend a trustee meeting as an observer where they can ask further questions.
3. Offered the opportunity to visit the Church and any of the activities/ projects to meet staff and service users.
To keep up to date with their roles and responsibilities, CGC Basildon Trustees are encouraged to seek out and participate in appropriate courses and events specific to the charity sector
## Entitlement of Trustees
CGC Basildon Trustees serve voluntarily and receive no benefits for services provided with the exception of Trustees who serve as Religious Pastors as laid out in the memorandum (section 6). Any expenses reclaimed from the charity are set out in the notes to the accounts.
## Wider network
CGC Basildon is part of the CGI network (also known as Skylark International) of churches and members of the Evangelical Alliance who oversight our doctrinal teaching and validate our credibility as a Christian organization.
7
CHRISTIAN GROWTH CENTRE, BASILDON (REGISTERED NUMBER: 07218377)
## REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2022
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 07218377 (England and Wales)
## **Registered Charity number**
1175505
## **Registered office**
Time Square Basildon ESSEX SS14 1DJ
## **Trustees**
Anthony Nicholls Ambrose Khumalo
## REFERENCE AND ADMINISTRATIVE DETAIL
## **Company Directors**
Anthony Nicholls Ambrose Khumalo
## **Bankers**
Lloyds Bank 10-20 Town Square Basildon SS14 1DU
8
CHRISTIAN GROWTH CENTRE, BASILDON (REGISTERED NUMBER: 07218377)
## REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2022
## STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees (who are also the directors of Christian Growth Centre, Basildon for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP; make judgments and estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 24[th] December 2022 and signed on its behalf by:
………………………. Ambrose Khumalo
9
CHRISTIAN GROWTH CENTRE, BASILDON (REGISTERED NUMBER: 07218377)
## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st MARCH
## 2022
## **Recommended categories by activity**
## **Income (Note 2)**
## **Income and endowments from:**
Donations and legacies Charitable activities Separate material item of income
Other
## _**Total**_
## **Expenditure (Notes 3)**
**Expenditure on:** Raising funds Charitable activities Separate material expense item Other _**Total**_
## **Net income/(expenditure) before tax for the reporting period**
Tax payable
**Net income/(expenditure) after tax before investment gains/(losses)** g ( )
investments **Net income/(expenditure) Extraordinary items Transfers between funds**
**Other recognised gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use Other gains/(losses)
## _**Net movement in funds**_
_**Reconciliation of funds:**_ Total funds brought forward _**Total funds carried forward**_
|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**|
|---|---|---|---|---|
|49,206|-|-|49,206|48,388|
|-|-|-|-|-|
|-|-|-|-|-|
|-|-|-|-|-|
|49,206|-|-|49,206|48,388|
||||||
|-|-|-|-|-|
|53,636|-|-|53,636|56,590|
||||||
|-|-|-|-|-|
|53,636|-|-|53,636|56,590|
||||||
|4,431
-|-|-|4,431
-|8,202
-|
|-|-|-|-|-|
|4,431
-|-|-|4,431
-|8,202
-|
|-|-|-|-|-|
|4,431
-|-|-|4,431
-|8,202
-|
|-|-|-|-||
|-|-|-|-|-|
||||||
|-|-|-|-|-|
|-|-|-|-|-|
|4,431
-|-|-|4,431
-|8,202
-|
||||||
|9,239|-|-|9,239|17,441|
|4,808|-|-|4,808|9,239|
10
CHRISTIAN GROWTH CENTRE, BASILDON
BALANCE SHEET AS AT 31ST MARCH 2022
|**Fixed assets**
**Tangible assets**
**_Total fixed assets_**
**Current assets**
**Debtors**
**Cash at bank and in hand**
**_Total current assets_**
**Creditors: amounts falling due**
**within one year**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds**
**Restricted income funds**
**Unrestricted funds**
**Revaluation reserve**
**Fair value reserve**
**_Total funds_**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|
|---|---|---|---|---|---|
||2,353|-|-|2,353|2,614|
||2,353|-|-|2,353|2,614|
|||||||
||-|-|-|-|-|
||3,056|-|-|3,056|7,225|
||3,056|-|-|3,056|7,225|
|||||||
||600|-|-|600|600|
|||||||
||2,456|-|-|2,456|6,625|
|||||||
||4,809|-|**-**|4,809|9,239|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
||4,809|-|-|4,809|9,239|
|||||||
||-|||-|-|
|||-||-|-|
||4,809||-|4,809|9,239|
|||||-||
|||||||
||4,809|-|-|4,809|9,239|
11
CHRISTIAN GROWTH CENTRE, BASILDON
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small company’s regime.
The financial statements were approved by the Board of Trustees on 24[th] December 2022 and were signed on its behalf by:
………………………
Ambrose Khumalo -Trustee
12
CHRISTIAN GROWTH CENTRE, BASILDON (REGISTERED NUMBER: 05496823) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st March 2022
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102 updated by bulletin 1) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognized in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognized as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the yearend date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery
- 10% Straight Line
Tangible fixed assets are capitalized if they can be used for more than one year, and cost at least £500. They are valued at cost or if gifted, at the value to the charity on receipt.
Taxation
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statement
13
CHRISTIAN GROWTH CENTRE, BASILDON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MARCH 2022
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Going Concern**
The significant event to have occurred prior to the signing of these accounts has been the lockdown restrictions made necessary by the Covid-19 pandemic, which broke out in early March 2020. Each year it’s the Trustees responsibility to state whether or not the annual accounts have been drawn up on a going concern basis. Going concern is the assumption that an entity, in this case the Charity, has the resources (financial or otherwise) needed to continue operating for the foreseeable future and, in particular, for at least 12 months from the date of approval by the Trustees of these annual accounts. If the going concern principle did not apply, then the accounts would been drawn up on an insolvent basis. Clearly, as part of this year’s going concern review, the Trustees have had to consider the likely impact of COVID-19 pandemic on its ministry. It has concluded that the financial risks to that ministry have increased slightly because of the pandemic imposed. As a result, income from the charity has seen some reduction although members in the church continue to pay their dues, which is the main source of income for the Charity. It is therefore appropriate to prepare the 2021 Accounts on a going-concern basis and it is not necessary to make any adjustment to these accounts. The Trustees will continue to keep both the short term and longer-term impact under review.
14
## **2.** Income
|**Donations**
**and**
**legacies:**|**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|
**Total funds**
**Prior year**
**£**
**£**|
**Total funds**
**Prior year**
**£**
**£**|
|---|---|---|---|---|---|---|
||Donations and gifts|40,661|-|-|40,661|36,265|
||GiftAid|8,545|-|-|8,545|12,123|
||Legacies|-|-|-|-|-|
||General grants provided by government/other
charities|-|-|-|-|-|
||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|-||
||Donated goods, facilities and services|-|-|-|-|-|
||Other|-|-|-|-||
||**Total**|49,206|-|-|49,206|48,388|
## **3.** Expenditure
|Expenditure|||||||||
|---|---|---|---|---|---|---|---|---|
||**This year**||||**Last year**||||
|**Activity or programme**|**Activities**
**undertaken**
**directly**|**Grant**
**funding of**
**activities**|**Support**
**Costs**|**Total this**
**year**|**Activities**
**undertaken**
**directly**|**Grant**
**funding of**
**activities**|**Support**
**Costs**|**Total last**
**year**|
||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**|
|Rent|22,549|-|-|**22,549**|13,486|-|-|**13,486**|
|StaffCost|21,427|-|-|**21,427**|21,761|-|-|**21,761**|
|Mission|9,660|-|-|**9,660**|21,343|-|-|**21,343**|
|**Total**|53,636|-|-|**53,636**|56,590|-|-|**56,590**|
## **4.** Trustee Remuneration
The charity's memorandum and articles of association allowing remuneration to be paid to trustees are approved by the charity commission. The following remuneration was paid to the following trustees, who are also considered to be key management of the charity, during the year.
|Trustee
renumneration
Total|**2022**
**2021**
17,790
21,761
**17,790**
**21,761**|
|---|---|
There were no trustees' expenses paid for the year ended 31st March 2022 nor for the year ended 31 March 2022.
15
CHRISTIAN GROWTH CENTRE, BASILDON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2022
## **5.** STAFF COSTS
The average monthly number of employees during the year was as follows:
2022 2021 number of staffs 1 2
No employees received emoluments in excess of £60,000.
Included within wages are amounts paid to third parties of £ NiI (2020- NIL).
16
CHRISTIAN GROWTH CENTRE, BASILDON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2022
## 6. TANGIBLE FIXED ASSETS
|**Freehold land &**
**buildings**
**Other land &**
**buildings**
**Plant, machinery and**
**motor vehicles**
**Fixtures, fittings and**
**equipment**
**Total**
**£**
**£**
**£**
**£**
**£**
At the beginning of
the year
- - - 4,302 4,302
Additions
- - - - -
Revaluations
- - - - -
Disposals
- - - - -
Transfers *
- - - - -
At end of the year
- - - 4,302 4,302
****Basis** SL or RB (Straight
Line or Reducing
Balance)
SL or RB
SL or RB
SL
SL
**** Rate**
10%
10%
At beginning of the
year
- - - 1,688 1,688
Disposals
- - - - -
Depreciation
- - - 261 261
Impairment
- - - - -
Transfers*
- - - - -
At end of the year
- - - 1,949 1,949
Net book value at the
beginning of the year
- - - 2,614 2,614
Net book value at the
end of the year
- - - 2,353 2,353
**Net book value**
**Depreciation and impairments**|**Freehold land &**
**buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant, machinery and**
**motor vehicles**
**£**|**Fixtures, fittings and**
**equipment**
**£**|**Total**
**£**|
|---|---|---|---|---|---|
||-|-|-|4,302|4,302|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|4,302|4,302|
||SL or RB (Straight
Line or Reducing
Balance)|SL or RB|SL or RB|SL|SL|
|||||10%|10%|
|||||||
||-|-|-|1,688|1,688|
||-|-|-|-|-|
||-|-|-|261|261|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|1,949|1,949|
|||||||
||-|-|-|2,614|2,614|
||-|-|-|2,353|2,353|
17
CHRISTIAN GROWTH CENTRE, BASILDON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2022
## 7. CREDITORS: AMOUNTS FALLING DUE MORETHAN ONE YEAR
|**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts**
**or performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
|---|---|---|---|---|
||600|600|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||600|600|-|-|
## 8. FUND MOVEMENT
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE
R or UR * Purpose and Restrictions brought Gains and carried
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Unrestricted funds UR N/a 9,239 49,206 - 53,636 - - 4,808
- - - - - -
- - - - - -
Other funds (balancing
figure) N/a N/a - - - - - -
Total Funds as per balance sheet 9,239 49,206 - 53,636 - - 4,808
**----- End of picture text -----**
18