2022-08-31-accounts

Conten	e	art of	art of	h	Tr	es and Fin	nci	e 'ts
	forthe		ea	en	e	31Au ust20
							~pa e
Report ofthe	Trustees						1to4
Independent	Examiner's		Report
Statement of	Financial	Activity
Balance Sheet
Cash Flow Statement
Notes tothe Financial		Statements					9to14

STATEMENT	OF FINANCIAL ACTIV	ITY
			Unrestricted			Restricted	Total	~22 -2
			General Fund	Designated				Total
			6				E
INCOME		Notes
Gene ra I Giving		2	101,166			17,748	118,914	91,001
Other Income	and Grants	3	1737			13,000	14,737	14,665
Income Total			102,903		0	30,748	133,651	105,666
EXPENDITURE
Pastoral Team		4	43,557			13,000	56,557	54,680
Ministry		5	28,700		381	7,656	36,737	29,338
Property		6	25,957	4	678		30,635	29,497
Expenditure Total			98,214	5,059		20,656	123,929	113,515
Net Income/(Expenditure)			4,689	(5,059)		10,092	9,722	(7,849)
Transfers Between funds			(1011)	1011
Net movement	in funds	10,12	3,678	(4,048)		10,092	9,722	(7,849)
Reconciliation	offunds
Total funds brought forward			61,182	18.194		39	79,415	87,264
Total funds carried forward		16	64,860	14,146		10,131	89,137	79,415

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED	STATEMENT OF CASH FLOWS FOR THE YEAR ENDED	31AUGUST 2022	31AUGUST 2022
				2021-22	2020-21
Cash flows from operating activities				E	E
Net income for the financial year				9,722	(7,849)
Depreciation charges				810	737
(Increase)/decrease in debtors				20,551	(913)
Increase/(decrease) in creditors				(11,409)	2,839
Bank interest received				(680)	(104)
Cash from operations				18,994	(5,290)
Cash flow from investing activities
Bank interest received				680	104
Purchase ofcapital equipment					(219)
Net cash flow from investing activities				680	(115)
Net increase/(decrease) in cash and cash	equivalents			19,674	(5,405)
Cash and cash equivalents at the beginning	ofthe reporting		period	57,491	62,896
Cash and cash equivalents atthe end ofthe reporting		period		77,165	57,491

			~Re	rl d	Total	2020-21
						Totalfunds
2	General Giving
	Donations	83,574		15,866	99,440	76,495
	Gift Aid	17,462		1,825	19,287	14,498
	GASDS	130		57	187	8
		101,166		17,748	118914	91,001
3	Other Income
	Grants/Donations			13,000	13,000	14,000
	Gift Aid
	Interest	680			680	104
	Otherincome	1,057			1057	561
		1737		13,000	14,737	14,665

			Unrestricted	Unrestricted	~strlcted	~strlcted	~strlcted	~strlcted	Total	2020-21
										Total
4	Pastoral Team			E				E	6	E
	Stipends		36,646			13,000			49,646	48,177
	Employers Nat.insurance			373					373	159
	Pension			6,538					6,538	6,344
			43,557			13,000			56,557	54,6$0
	No employee	or office holder received employee benefits of				more		than	E60,000(2020-21:	nil).
				Unrestricted					Restricted	Total	2020-21
			General	Fund	Designated						Total
5	Ministry			6						E	E
	Travel			1,908						1,908	222
	Preacher Fees			825						825	755
	Evangelism			897						897	482
	Reference Material			670						670	937
	Training/Conferences			6,675						6,675	5,600
	Mission Support			4,213					7,656	11,869	12,160
	Equipment &	Repairs		73						73	124
	Church Catering			411						411
	Church Sundry			1,715						1,715	1,013
	Church Office			2,554						2,554	2,906
	Church Rent			6,431						6,431	2,684
	FIEC			1,518						1,518	1,518
	Fellowship fund		—gifts				381			381	200
	Depreciation			810						810	737
			28,700				381		7656	36,737	29,338
6	Property			E					E	E	E
	Manse-Rent		22,740							22,740	22,740
	Manse-Council		yax/Water	3,217						3,217	3,121
	Housing fund	—legal costs				4,678				4,678	3,636
			25,957			4,678			0	30,635	29,497

7 Trustees'	remuneration	remuneration	remuneration	remuneration	and benefits	and benefits								2020-21
												Stipend E	Pension f	Stipend E	Pension E
5 Buckley												28,760	4,119	27,909	3,997
D Couch												20,887	2,418	20,268	2,347
The church's constitution					authorises		the payment			ofremuneration toTrustees.
5.Buckley	and D.Couch were the only Trustees								to receive remuneration.
S.Buckley	also received the benefit					ofhousmg			provided		by the church, the costs
ofwhich are detailed				in note 6 (Property) above.
													f
Trustee's expenses		(included in note					5 above)						2021-22	2020-21
5 Buckley													670	918
D Couch													2,425	625
The average monthly				number ofemployees				and remunerated				office holders (including Trustees)
duding the	year was		as followsi										2021-22	2020-21
Pastoral Team													2	2
8 Debtors: amounts		falling			due within		one year						E	E
Accrued income													2021-22	2020-21
	Gift Aid/GASDS												8,441	30,233
	Interest												555
													8,996	30,233
9 Creditors:	amounts		falling due within				one	year					f	f
Deferred	income												2021-22	2020-21
	Spicer Street Chuch Grant					for Assistant				Pastor				10,000
'10 Unrestricted Reserves												General	Designated
												Reserves	Reserves	Total
												f	E	f
Opening balance												61,182	18,194	79,376
Incoming resources												102,903		102,903
Outgoing resources												(98,214)	(5,059)	(103,273)
Fellowship	Fund transfer											(1,011)	1,011
												64,860	14,146	79,006
11 Designated	Reserves
						Brought		forward				Transfers	Outgoing	Total
													Resources
													E
Housing Fund								16,364					(4,678)	11,686
Fellowship	Fund							1,830				1,011	(381)	2,460
								18	194			1,011	(5,059)	14,146

			Brought Forward	Incoming	Outgoing	Closing
			01/09/2021	Resources	Resources	31/08/2022
			E	E	6	6
a	Assistant Pastor			13,000	(13,000)
	(Funds received for 2022-23)			3,131		3,131
b	Housing/Building	Fund		7,00D		7,000
c	Easter			6,042	(6,042)
d	Bibles for Children		39	1,575	(1,614)
						10,131

			General	Designated	Restricted	Total Funds
			Funds	Funds	Funds	31/08/2022
			E	E	E	E
Cash at bank	and	in hand	54,770	14,146	8,249	77,165
Other net assets/liabilities			10,D90		1,882	11,972
			64860	14,146	10131	89,137
Tangible Fixed Assets
				Equipment	Total
				6	E
Cost at 1/9/2021				2,430	2,430
Additions
Disposals
Cost at 31/8/2D22				2,430	2,430
Depreciation	at 1/9/2021			737	737
Depreciation	for year			810	810
Depreciation	at 31/8/2022			1,547	1,547
Net book value at		1/9/2021		1,693	1.693
Net book value at		31/8/2022		883	883

			Unrestricted	Unrestricted	Restricted	Total
		General	Fund	Designated
IN ME			E	E
General Giving			83,115		7,886	91,001
Other Income	and Grants		665		14,000	14,665
Income Total			83,780	0	21,886	105,666
EXPENDITURE
Pastoral Team			40,680		14,000	54,680
Ministry			18,176	200	10,962	29,338
Property			25,861	3,636		29,497
Expenditure Total			84,717	3,836	24,962	113,515
Net Income/(Expenditure)			(937)	(3,836)	(3,076)	(7,849)
Transfers Between funds		{20,830		20,830
Net movement	in funds	(21,767)		16,994	(3,076)	(7,849)
Reconciliation	offunds
Total funds brought forward			82,949	1,200	3,115	87,264
Total funds carried forward			61,182	18,194	39	79,415