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2023-08-31-accounts

Contents ofthe Re o	oft eTrustees a	Financial State	ents
forthe	ear ended 31Au ust 2023
		~pa e
Report ofthe Trustees		1to4
Independent Examiner's	Report
Statement of Financial Activity
Balance Sheet
Cash Flow Statement
Notes tothe Financial Statements		9to 14

STATEMENT OF FINANCIAL ACTIVITY	STATEMENT OF FINANCIAL ACTIVITY			Unrestricted	Unrestricted		~ri ed	Total	2021-22
			General	Fund	Designated				Total
				E		E			6
INCOME		Notes
General Giving		2	125,181				9,659	134,840	118,914
Other Income	and Grants	3		14,000			10,000	24,000	14,737
Income Total			139,181			0	19,659	158,840	133,651
EXPENDITURE
Staff Costs		4		48,439			16,200	64,639	56,557
Ministry		5		41,363		460	6,590	48,413	36,737
Housing		6		26,609	2,959			29,568	30,635
Expenditure Total			116,411		3,419		22,790	142,620	123,929
Net Income/(Expenditure)				22,770	(3,419)		(3,131)	16,220	9,722
Transfers Between funds				1,252)	1	252
Net movement	in funds	10,11,12		21,518	(2,167)		(3,131)	16,220	9,722
Reconciliation	offunds
Total funds brought forward		16		64,860	14,146		10,131	89,137	79,415
Total funds carried forward				86,378	11,979		7,000

BALANCE SHEET AS	AT		1A	UGUST 2023
							2022-23		2021-22
							6		E
					Notes
Fixed Assets
Equipment					14		1,310		883
~BE()gggtg Bank Balances			&	Cash			90,164		77,165
Accrued Income					8	11,220		8,996
Prepayments						4,936	16,156	4,707	13,703
							106,320		90,868
Current Liabilities
Creditors:
Amounts	due		within 1year		9	(2,273)	(2,273)	2,614)	(2,614)
Net Current Assets							104,047		88,254
NET ASSETS							105,357		89,137
d
Unrestricted		Reserves
Total General			Reserves		10		86,378		64,860
Total Designated				Reserves	11		11,979		14,146
							98,357		79,006
Restricted	Reserves				12		7,000		10,131
							105,357		89,137

STA	TEMENT OF CASH FLOWS FOR THE YEA	R ENDED 3	1AU	GUST 2023
					2D22-23	2021-22
Cash	flows from operating activities				E	6
	Net Income for the financial year				16,220	9,722
	Depreciation charges				810	810
	(Increase)/decrease in debtors				(2,453)	20,551
	Increase/(decrease) in creditors				(341)	(11,409)
	Bank interest received				(2,509)	(680)
Cash	from operations				11,727	18,994
Cash	flow from investing activities
	Bank interest received				2,509	680
	Purchase ofcapital equipment				(1,237)
Net	cash flow from investing activities				1,272	680
Net	increase/(decrease) in cash and cash equivalents				12,999	19,674
Cash	and cash equivalents atthe beginning	ofthe reporting		period	77,165	57,491
Cash	and cash equivalents at the end ofthe reporting		period		90,164	77,165

				Unrestricted	Restricted	Total	2021-22
							Total funds
2	General	Giving
	Donations			102,865	7,935	110,800	99,440
	Gift Aid			21,761	1,673	23,434	19,287
	GASDS			555	51	606	187
				125,181	9,659	134,840	118,914
3	Other Income
	Grants				10,000	10,000	13,000
	Interest			2,509		2,509	680
	Church	Weekend	Away	8,936		8,936
	Otherincome			2,555		2,555	1,057
				14,000	10,000	24,000	14,737

					Unrestricted	Unrestricted		Restricted	Restricted	Total	2021-22
											Total
4	Staff Costs					E			E	6	E
	Stipends				40,784				16,200	56,984	49,646
	Employers Nat.		insurance			206				206	373
	Pension					7,449				7,449	6,538
					48,439				16,200	64,639	56,557
	No employee	received employee			benefits (excluding		employer		pension	costs) ofmore than	E60,000
	(2021-22:nil).
						))0ERE~ri		gd		~Res ricted	Total	2021-22
					General	Fund	Designated					Total
5	Ministry					E					E	E
	Travel					1,357					1,357	1,908
	Preacher Fees					200					200	825
	Evangelism					977					977	897
	Reference Material					980					980	670
	Training/Conferences					1,129					1,129	6,675
	Mission Support					6,200				6,590	12,790	11,869
	Equipment gi	Repairs				707					707	73
	Church Catering					824					824	411
	Church Sundry					2,697					2,697	1,715
	Church Weekend			Away	11,589						11,589
	Church Office					2,973					2,973	2,554
	Church Rent					8,820					8,820	6,431
	Membership	donations				2,100					2,100	1,518
	Fellowship fund		- gifts						460		460	381
	Depreciation					81D					810	810
					41,363				460	6,590	48,413	36,737
6	Housing					6				6	E	6
	Manse-Rent				23,19D						23,19D	22,740
	Manse-Council		Tax/Water			3,419					3,419	3,217
	Housing fund	-	legal costs						2,959		2,959	4,678
					26,609				2,959	0	29,568	30,635

7	Trustees'		remuneration	remuneration	remuneration	and benefits	and benefits	and benefits								2021-22	2021-22
														Stipend E	Pension E	Stipend f		Pension f
	5 Buckley													30,980	4,437	28,760		4,119
	D Couch													26,004	3,011	20,887		2,418
	The church's constitution						authonses		the payment			ofremuneration to Trustees.
	S.Buckley		and D. Couch			were		the only Trustees			to receive remuneration.
	S.Buckley		also received			the benefit of housing					provided		by the church, the		costs
	ofwhich	are detailed			in	note		6 (Housing) above.
															E	E
	Trustee's	expenses		(included				in note	5 above)						2022-23	2021-22
	S Buckley														1,555	670
	D Couch														1,391	2,425
	The average monthly				number			ofemployees		and remunerated				office holders	(including Trustees)
	during the		year was		as follows:										2022-23	2021-22
	PastoralTeam														2	2
8	Debtors:	amounts		falling			due within		one year						E	6
	Accrued income														2022-23	2021-22
			Gift Aid/GASDS												8,762	8,441
			Interest												2,458	555
															11,220	8,996
9	Creditors:		amounts		falling		due within one year								f	f
															2022-23	2021-22
			Accruals												2,273	2,614
10	Unrestricted Reserves													General	Designated
														Reserves	Reserves	Total
														E	6	f
	Opening	balance												64,860	14,146	79,006
	Incoming		resources											139,181		139,181
	Outgoing		resources											(116,411)	(3,419)	(119,830)
	Fellowship		Fund transfer											(1,252)	1,252
														86,378	11,979	98,357
11	Designated Reserves
									Brought	forward				Transfers	Outgoing	Tata	I
															Resources
												f			f	E
	Housing	Fund								11,686					(2,959)	8,727
	Fellowship		Fund								2,460			1,252	(460)	3,252
										14,146				1,252	(3,419)	11,979

				Brought Forward	Incommg	Outgoing	Closing
				01/09/2022	Resources	Resources	31/08/2023
				E	E	E	E
a	Assistant	Pastor		3,131	13,069	(16,200)
b	Housing/Building		Fund	7,000			7,000
c	Easter				4,161	(4,161)
d	Bibles for	Children			2429	(2,429)
							7,000

		General	Designated	Restricted	Total Funds
		Funds	Funds	Funds	31/08/2023
		E	E	E	E
Cash	at bank and in hand	72,909	11,979	5,276	90,164
Other	net assets/liabilities	13,469
		86,378	11,979	7,000	105,357

Tangible Fix	ed Assets
		Equipment	Total
		E	E
Cost at 1/9/2021		2,43D	2,430
Additions		1,237	1,237
Disposals
Cost at 31/8/2022		3,667	3,667
Depreciation	at 1/9/2021	1,547	1,547
Depreciation	for year	810	810
Depreciation	at 31/8/2022	2,357	2,357
Net book value at 1/9/2021		883	883
Net book value at 31/8/2022		1,310	1,310

				Unrestricted	Unrestricted	~Rricted	Total
			General	Fund	Designated
				6	6
General Giving			101,166			17,748	118,914
Other Income	and	Grants		1,737		13,000	14,737
Income Total			102,903			30,748	133,651
EXPENDITURE
Staff Costs				43,557		13,000	56,557
Ministry				28,700	381	7,656	36,737
Housing				25,957	4,678		30,635
Expenditure Total				98,214	5,059	20,656	123,929
Net Income/(Expenditure)				4,689	(5,059)	10,092	9,722
Transfers Between		funds		(1,011)	1,011
Net movement	in funds			3,678	(4,048)	10,092	9,722
Reconciliation	offunds
Tota I funds brought		forward		61,182	18,194	39	79,415
Total funds carried		forward		64,860	14,146	10,131	89,137