| Pages | |||
|---|---|---|---|
| Legal and administrative | information | ||
| Trustees' Annual Report |
2-5 | ||
| Independent Examiner's |
Report | ||
| Statement ofFinancial Activities | |||
| Summary Income and Expenditure |
Account | ||
| Balance Sheet | |||
| Notes to the Accounts | 10to 14 | ||
| Detailed Statement of Financial Activities | 15to 16 |
| for the year | ended 31Decemb | er 2022 | |||
|---|---|---|---|---|---|
| Unrestricted | |||||
| funds | Total funds | Total funds | |||
| 2022 | 2022 | 2021 | |||
| Notes | f | f | f | ||
| Income and | endowments | ||||
| from: | |||||
| Donations | and legacies | 290,662 | 290,662 | 293,514 | |
| Total | 290,662 | 290,662 | 293,514 | ||
| Expenditure | on: | ||||
| Charitable | activities | 65,770 | 65,770 | 215,732 | |
| Other | 238,945 | 238,945 | 136,446 | ||
| Total | 304,715 | 304,715 | 352,178 | ||
| Net gains on | investments | ||||
| Net expenditure | (14,053) | (14,053) | (58,664) | ||
| Transfers between funds |
|||||
| Net expenditure before other gains/(losses) |
(14,053) | (14,053) | (58,664) | ||
| Other gains | and losses | ||||
| Net movement in funds |
(14,053) | (14,053) | (58,664) | ||
| Reconciliation offunds: |
|||||
| Total funds brought forward |
685,981 | 685,981 | 744,645 | ||
| Total funds carried forward | 671,928 | 671,928 | 685,981 |
| 2022 | 2021 | ||
|---|---|---|---|
| f | f | ||
| Income | 290,662 | 293,514 | |
| Gross income forthe year | 290,662 | 293,514 | |
| Expenditure | 255,254 | 345,861 | |
| Interest payable | 45,105 | ||
| Depreciation and |
charges for | ||
| impairment offixed assets |
4,356 | 6,317 | |
| Total expenditure | for the year | 304,715 | 352,178 |
| Net expenditure | before tax for the year | (14,053) | (58,664) |
| Net expenditure | for the year | (14,053) | (58,664) |
| at 31December 2 | 0 | 22 | |||
|---|---|---|---|---|---|
| Company No. |
Notes | 2022 | 2021 | ||
| f | |||||
| Fixed assets | |||||
| Tangible assets | 6 | 1,470,775 | 1,475,131 | ||
| 1,470,775 | 1,475,131 | ||||
| Current assets | |||||
| Cash at bank and | in hand | 13,652 | 23,350 | ||
| 13,652 | 23,350 | ||||
| Creditors: Amount | falling due within one year | ||||
| Net current assets | 13,652 | 23,350 | |||
| Total assets less current liabilities | 1,484,427 | 1,498,481 | |||
| Creditors: Amounts | falling due after more than one year | 7 | (812,499) | (812,500) | |
| Net assets excluding | pension asset or liability | 671,928 | 685,981 | ||
| Total net assets | 671,928 | 685,981 | |||
| The funds ofthe charity | |||||
| Restricted funds | |||||
| Unrestricted funds |
|||||
| General funds | 671,928 | 685,981 | |||
| 671,928 | 685,981 | ||||
| Reserves | |||||
| Total funds | 671,928 | 685,981 |
| Fund | ||
|---|---|---|
| Unrestricted | funds | These are available for use at the discretion ofthe trustees in furtherance ofthe |
| general objects ofthe charity and which have not been designated for other |
||
| purposes. | ||
| Restricted funds | These can only be used for particular restricted purposes within the objects ofthe |
|
| charity. Retrictions arise when specified by the donor or when funds are raised for | ||
| particular restricted purposes. |
||
| Incoming resources | ||
| Voluntary income |
This comprises donations in the form ofregular offerings and tithes, provides core |
|
| funding. This is recognised where there is entitlement, certainty ofreceipt and the |
||
| amount can be measured with sufficient reliability. |
||
| The value ofservices provided by volunteers is not incorporated into these financial |
||
| statements. Further details ofthe contributions made by volunteers can be found |
||
| in the Trustees' Report. |
||
| Resources Expended | ||
| Direct costs | Direct costs comprise those costs incurred by the charity in the delivery ofits |
|
| activities. It includes both costs that can be allocated directly to such activities and |
||
| those costs ofan indirect nature necessary to support them | ||
| Expenditure | Expenditure is recognised on an accruals basis as liability is incurred. Charitable and |
|
| non-charitable expenditure is allocated to the respective activities and any shortfall |
||
| that is funded from unrestricted funds. Where costs cannot be directly attributed |
||
| tp particular headings they have been allocated to activities on a basis consistent |
||
| with the use ofresources. | ||
| Cost ofcharitable | These are costs relating to the activities carried out to meet the objectives ofthe | |
| activities | church. These include both directly attributable costs and apportioned support |
|
| costs. | ||
| Govern a nce | costs | Governance costs are the costs associated with the strategic direction ofthe |
| organisation and with meeting the constitutional, legal and regulatory |
||
| requirements ofthe charity |
| 3 | Expenditure | on charit | a | ble activities |
|||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | |||||||
| 2022 | 2021 | ||||||||
| Expenditure | on charitable | ||||||||
| activities | |||||||||
| 65,770 | 65,770 | 215,732 | |||||||
| Governance | costs | ||||||||
| 65,770 | 65,770 | 215,732 | |||||||
| 4 | Other expenditure | ||||||||
| Unrestricted | Total | Total | |||||||
| 2022 | 2021 | ||||||||
| Bank loan and overdraft | |||||||||
| interest payable | 45,105 | 45,105 | |||||||
| Employee costs | 40,159 | 40,159 | |||||||
| Premises costs | 141,645 | 141,645 | 64,596 | ||||||
| Amortisation, | depreciation, | ||||||||
| impairment, | profit/loss | on | 4,356 | 4,356 | 6,317 | ||||
| disposal offixed assets | |||||||||
| General administrative | costs | 6,249 | 6,249 | 30,171 | |||||
| Legal and professional | costs | 1,431 | 1,431 | 35,362 | |||||
| 238,945 | 238,945 | 136,446 | |||||||
| 5 | Staff costs | ||||||||
| 2022 | 2021 | ||||||||
| Salaries and | wages | 40,159 | |||||||
| 40,159 | |||||||||
| No employee | received | emoluments | in excess off60,000. | ||||||
| The average | monthly | number offull | time equivalent | employees | during the year | was as follows: | |||
| 2022 | 2021 | ||||||||
| Number | Number |
| 6 | Tangible fix | ed | assets | ||||
|---|---|---|---|---|---|---|---|
| Land and | Computer & |
Furniture & |
Total | ||||
| buildings | Equipment | Fixtures | |||||
| f | f | ||||||
| Cost or revaluation | |||||||
| At 1January | 2022 | 1,457,706 | 9,073 | 8,352 | 1,475,131 | ||
| At 31December 2022 | 1,457,706 | 9,073 | 8,352 | 1,475,131 | |||
| Depreciation | and | ||||||
| impairment | |||||||
| Depreciation | charge for the | 2,268 | 2,088 | 4,356 | |||
| year | |||||||
| At 31December 2022 | 2,268 | 2,088 | 4,356 | ||||
| Net book values | |||||||
| At 31December 2022 | 1,457,706 | 6,805 | 6,264 | 1,470,775 | |||
| At 31December 2021 | 1,457,706 | 9,073 | 8,352 | 1,475,131 | |||
| 7 | Creditors: | ||||||
| amounts falling due after more than one year |
|||||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Other creditors | 812,499 | 812,500 | |||||
| 812,499 | 812,500 | ||||||
| 8 | Movement | in | funds | ||||
| Incoming | |||||||
| resources | At 31 | ||||||
| (including | Resources | December | |||||
| other | expended | 2022 | |||||
| At 1January | gains/losses | ||||||
| 2022 | ) | ||||||
| f | |||||||
| Restricted funds: | |||||||
| Unrestricted | funds: | ||||||
| General funds | 685,981 | 290,662 | (304,715) | 671,928 | |||
| Total funds | 685,981 | 290,662 | (304,715) | 671,928 | |||
| 9 | Analysis ofnet assets between funds | ||||||
| Unrestricted | |||||||
| Total | |||||||
| funds | |||||||
| Fixed assets | 1,470,775 | 1,470,775 | |||||
| Net current | assets | 13,652 | 13,652 | ||||
| Creditors due provisions |
in more than one year and | (812,499) | (812,499) | ||||
| 671,928 | 671,928 |
| forthe year ended 31D | ec | e | mber 2022 | |||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| 2022 | 2022 | 2021 | ||||
| Income and endowments | from: | |||||
| Donations and legacies |
||||||
| 290,662 | 290,662 | 293,514 | ||||
| 290,662 | 290,662 | 293,514 | ||||
| Total income and endowments | 290,662 | 290,662 | 293,514 | |||
| Expenditure on: |
||||||
| Charitable activities |
||||||
| 65,770 | 65,770 | 215,732 | ||||
| 65,770 | 65,770 | 215,732 | ||||
| Total ofexpenditure on activities |
charitable | 65,770 | 65,770 | 215,732 | ||
| Other expenditure | ||||||
| Bank loan and overdraft | interest | 45,105 | 45,105 | |||
| payable | ||||||
| 45,105 | 45,105 | |||||
| Employee costs | ||||||
| Salaries/wages | 40,159 | 40,159 | ||||
| 40,159 | 40,159 | |||||
| Premises costs | ||||||
| Rent | 1,112 | 1,112 | 39,765 | |||
| Light, heat and power | 614 | 614 | 495 | |||
| Premises repairs and maintenance |
139,919 | 139,919 | 24,336 | |||
| 141,645 | 141,645 | 64,596 | ||||
| General administrative | costs, | |||||
| including depreciation |
and | |||||
| amortisation | ||||||
| Depreciation of land and |
5,894 | |||||
| buildings | ||||||
| Depreciation ofComputer |
& | 2,268 | 2,268 | 220 | ||
| Equipment | ||||||
| Depreciation of Furniture |
& | 2,088 | 2,088 | 203 | ||
| Fixtures | ||||||
| Bank charges | 153 | 153 | 23,994 | |||
| General insurances | 5,681 | 5,681 | 6,177 | |||
| Telephone, fax and broadband |
415 | 415 | ||||
| 10,605 | 10,605 | 36,488 | ||||
| Legal and professional | costs | |||||
| Accountancy and bookkeeping |
2,400 |
| 1,431 | 1,431 | 32,962 |
|---|---|---|
| 1,431 | 1,431 | 35,362 |
| 238,945 | 238,945 | 136,446 |
| 304,715 | 304,715 | 352,178 |
| (14,053) | (14,053) | (58,664) |
| (14,053) | (14,053) | (58,664) |
| (14,053) | (14,053) | (58,664) |
| 685,981 | 685,981 | 744,645 |
| 671,928 | 671,928 | 685,981 |