**HOLLAND HOUSE CIO (Registered Charity Number 1179244)**
**Financial Statements for the year ended 31 December 2022**
## **HOLLAND HOUSE CIO**
## **Financial Statements for the year ended**
## **31 December 2022**
||||**Contents**|
|---|---|---|---|
|Page|3|Reference and administration information||
||4|Report of the Trustees||
||7|Independent Examiner’s Report||
||8|Statement of Financial Activities||
||9|Balance Sheet||
||10 - 16|Notes to the Financial Statements||
**HOLLAND HOUSE CIO**
## **REFERENCE AND ADMINISTRATIVE INFORMATION**
**CHARITY NUMBER** 1179244
## **TRUSTEES:**
|**TRUSTEES:**||
|---|---|
|**Bishop's Nominee**|Paul West|
|**Diocesan Board of Finance**|Derek Valentine
Hon. Treasurer|
|**(DBF) Nominees**|Duncan Cadbury
Acting Chairman from|
||December 2022|
|**Friends of Holland House**|Virginia Pawlyn
Chairman to November 2022|
|**Nominees**|Alma Organ|
||Peter Knight|
|**PRINCIPAL OFFICE:**|Holland House, Main Street, Cropthorne,|
||Pershore, WR10 3NB|
|**INDEPENDENT EXAMINER:**|Mr David Hibbitt, 3 Jenny Wren Row,|
||Droitwich, WR9 7FW|
|**BANKERS:**|Co-operative Bank, PO Box 250,|
||Skelmersdale, WN8 6WT|
|**INVESTMENT MANAGERS**|CCLA Investment Management|
||& C.O.I.F Charities Deposit Fund|
||One Angel Lane|
||London EC4R 3AB|
## **HOLLAND HOUSE CIO**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Holland House CIO (the “Charity”) was established on 18 July 2018, and on 18 September 2019 replaced the Registered Charity, Holland House (No. 504839) which was established on 19 December 1975. The Charity manages the building and operations of Holland House, Cropthorne which was bequeathed to Diocese of Worcester following the death of Lady Holland in 1946.
The Charity is governed by a board of six trustees. These comprise a nominee of Bishop of Worcester, two nominees of Worcester Diocesan Board of Finance (DBF) and three nominees of Friends of Holland House.
## **REPORT OF THE TRUSTEES**
The Trustees present their Report and Accounts for the year ended 31 December 2022.
## **Objects**
The Objects of the Charity are:
The promotion of Christian education by the management of Holland House, Cropthorne as a Christian centre and place for individuals and groups to visit to develop their spirituality by means of retreats and conferences.
## **Public Benefit: Achievement & Performance**
After the difficulties of keeping Holland House running through the pandemic, 2022 allowed a degree of normality to return. As a result of maintaining regular contact with guests through the pandemic, many had kindly allowed us to hold their deposits and were finally able to enjoy their visit in 2022. We were delighted also to be receiving an increasing number of new enquiries from individuals and groups. This new business came from people who were keen to take advantage of "life after the pandemic" after spending nearly two years living under its shadow of fear, sadness and isolation.
The delivery of high-quality services to this huge up-lift in visitors and residential guests, following a period of virtually no business, proved to be a challenge. In particular, staff shortages across the entire hospitality sector created a variety of problems. We had managed to retain all our extremely loyal core staff team members throughout the COVID-19 crisis. However, uncertainty caused by the pandemic had caused some other staff to retire, resign or take voluntary redundancy. This meant that our core staff needed to embrace roles and tasks not usually associated with their employment contracts - a challenge that they rose to magnificently. We also ran a recruitment campaign for some non-managerial roles. This eventually proved successful, albeit very slowly. In the interim period, we benefitted from some wonderful support from volunteers and The Friends of Holland House.
One example of this support was to help recover the gardens and grounds which had become very overgrown during lock-down and the kitchen garden in particular had become unusable. We circulated a request for support via The Friends of
Holland House, and a small group of volunteers, aided by our Gardener and our consultant Head Gardener (who redesigned the kitchen garden into more manageable "allotment" spaces) set about achieving the transformation required. The result was that our kitchen garden is now in a better condition than it has been for a long time, and our chefs are very excited about the prospect of working with home-grown fresh fruit and vegetables once again.
In addition to guests following their own timetables whilst in residence, many others were attracted by events on the Holland House programme, which again played a part in the year's financial success. The Warden created and led 22 events during the year, which were supplemented by regular Friends' Lunches (lunch and a speaker), Quiet Garden Days, and input from well-known retreat leaders such as the renowned author and scholar Esther de Waal.
Holland House continues to operate as a Christian House of Hospitality - a consciously inclusive space that welcomes all in the name and love of Christ. The House is dedicated to the well-being of everyone who works there or visits, in addition to the wonders of nature that make up its beautiful gardens and grounds. It holds together diverse groups from across the Christian tradition, as well as others who may not have the same beliefs, but none-the-less know the value of being in Harmony with Creation. The fact that so many groups and individual guests returned to Holland House in 2022 - or came for the first time - bears eloquent testimony to the on-going need for its ministry in support of visitors' physical, mental and spiritual health.
## **Financial Review**
During the year income exceeded expenditure by £42,199 (2021 - income exceeded expenditure by £74,023)
Interest received in the period amounted to £2,830 (2021 - £51).
At 31 December 2022, Unrestricted funds amounted to £210,969 (2021 - £179,041), including Designated Funds of £59,386 (2021 - £59,386). Restricted funds amounted to £21,866 (2021 - £11,615). Total resources were £232,855 (2021 - £190,656).
## _**Reserves policy**_
It is the policy of the Charity to maintain sufficient reserves within its unrestricted funds to cover around six months expenditure. It is the Trustees aim to reach this level of reserves over the period to end December 2026.
## _**Investment policy**_
The Trustees consider that the Charity’s funds should be maintained in the form of cash deposits that are readily available to meet unexpected expenditure either on repairs or to meet running costs in the event of a poor operating year. In line with this policy no stock market related investments are now held by the Charity.
## _**Accounting Policies**_
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2019)
## _**Principal risks and uncertainties**_
The Trustees have assessed the major strategic, business and operational risks to which the Charity is exposed, and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
## _**Principal sources of funding**_
The Charity is primarily dependent on guests visiting the house for its funding
## **PLANS FOR FUTURE PERIODS**
The Charity continues to rebuild its position following the pandemic. Following the retirement of the current Warden at end March 2023, a new Warden is to head up the executive management of the Charity with effect from 1 July 2023.
Approved by the Trustees and signed on their behalf.
## **Paul West, Acting Chairman**
## **D.R. Valentine, Hon. Treasurer**
**Date: 21.08.23**
Independent examiner's report on the accounts
Report to the trustees of
Holland House CIO
On accounts for the year ended 31 Dernber 2022 Charfty no: 1179244
Set out on pages
Responsibilities and basis of report
I report to the trustees on my examination of the accounts of the above charity ('Ihe Trust.) for the
year ended 31 December 2022.
As the charity's trustees, you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011 ("the Act").
I report in respect of my examination of the Trust's accounts carried out under section 145 of the
2011 Act and in carrying out my examination, I have followed all the applicable Directions given by
the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement I have completed my examinakn'on. I confimi that no material
matters have come to my attention in connection with the examination (other than that disclosed
below ") which gives me cause to believe that in, any material respect".
the accounting records were not kept in accordan with section 130 of the Charities Act., or
the accounts did not accord with the accounting records., or
the accounts did not comply with the applicable requirements Conrning the fom 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.
I have no concems and have come across no other matters in connection with the examination
to which attention should be drawn in this report in order to enable a proper understanding of
the accounts to be reached.
Please
elete the words in the brackets if they do not 8ppIy.
Signed.
Date: 91. 0%. JOL
Name:
Relevant professional qualification{s) or body: A C P)A(Ilth
Address: 3. OQo1T14iC
Only complete if the examiner needs to highlight material matters of concern (see CC32,
Independent examination of charity accounts: directions and guidan for examiners).
Glve hère brief details of any items that the examiner wishes to disclose.
## **HOLLAND HOUSE CIO**
## **Statement of Financial Activities**
## **for the year ended 31 December 2022**
|**Note**
**INCOME FROM:**
**Charitable activities**
Residential Visitors
Day Visitors
Room Hire
**Other activities**
Restaurant
Bar sales
Gift Shop
**Donations, grants and legacies**
**2**
**Deposit & Investment income**
**Total**
**EXPENDITURE ON:**
Charitable activities
**3**
Other activities
**4**
Governance costs
**5**
**Total**
**Net income/(expenditure)**
**being the net movement in funds**
**Total funds at 31 December 2020**
**Total funds at 31 December 2021**
**Total funds at 31 December 2022**
**11**|**General**
**Designated**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**£**
**433,719**
**-**
**-**
**433,719**
**46,554**
**-**
**-**
**46,554**
**4,780**
**-**
**-**
**4,780**
**-**
**8,980**
**-**
**-**
**8,980**
**13,277**
**-**
**-**
**13,277**
**13,274**
**-**
**-**
**13,274**
**4,499**
**-**
**17,180**
**21,679**
**2,830**
**-**
**-**
**2,830**
**527,911**
**-**
**17,180**
**545,091**
**441,509**
**-**
**6,909**
**448,417**
**15,549**
**-**
**-**
**15,549**
**38,924**
**-**
**-**
**38,924**
**495,982**
**-**
**6,909**
**502,891**
**119,654**
**59,386**
**11,615**
**190,655**
**151,583**
**59,386**
**21,886**
**232,855**
**31,929**
**-**
**10,271**
**42,200**
**Unrestricted**
**Restricted**
**2022**|General
Designated
Funds
Funds
Funds
£
£
£
£
211,890
-
-
211,890
29,064
-
-
29,064
11,515
-
-
11,515
-
-
-
-
-
6,645
-
-
6,645
5,620
-
-
5,620
188,936
-
37,167
226,103
51
-
-
51
453,721
-
37,167
490,888
332,374
-
41,677
374,051
5,367
-
5,367
37,447
-
37,447
375,188
-
41,677
416,865
**41,121**
**59,386**
**16,125**
**116,632**
**119,654**
**59,386**
**11,615**
**190,655**
2021
**78,533**
**-**
**(4,510)**
**74,023**
Unrestricted
Restricted|
|---|---|---|
## **HOLLAND HOUSE CIO**
|**Balance Sheet**
**as at 31 December 2022**
**FIXED ASSETS**
Fixtures, Fittings & Equipment
**CURRENT ASSETS**
Stock
Cash at Bank and In Hand
Debtors & Prepayments
Creditors & Accruals:
Amounts falling due within one year
**NET CURRENT ASSETS**
**NET ASSETS**
**FUNDS**
Unrestricted - General
Unrestricted - Designated
Restricted|**Note**
**6**
**7**
7,732
**8**
299,585
**9**
2,023
**10**
**11a**
**11b**
**11c**|£
**2022**
**4,829**
7,982
227,312
4,263
**309,340**
**(80,196)**
**229,145**
**233,974**
**151,583**
**59,386**
**21,886**
**232,855**|£
2021
5,866
239,557
(54,767)
184,790
190,656
119,654
59,386
11,615
190,655|
|---|---|---|---|
Approved by the Trustees on XX YYY 2023 and signed on their behalf by:
..................................................
P. West, Acting Chairman
..................................................
D.R.Valentine, Hon. Treasurer
CHARITY No. 1179244
The notes on pages 13 to 16 form part of these financial statements.
## **Notes to the Financial Statements for the year ended 31 December 2022**
## **1. STATEMENT OF RESPONSIBILITIES OF THE TRUSTEES**
The Trustees are responsible for preparing the Report of the Charity and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare accounts for each financial period which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that period.
In preparing these accounts, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.
The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts Reports) Regulations 2008 and trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
- In so far as the Trustees are aware:
there is no relevant audit information of which the Charity’s auditors are unaware; and
The Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
## **2. ACCOUNTING POLICIES**
## **CHARITY INFORMATION**
Holland House CIO is a Charitable Incorporated Organisation registered in England & Wales (charity number 1179244). The principal address is Holland House, Main St, Cropthorne, Pershore WR10 3NB
## **ACCOUNTING CONVENTION**
The accounts have been prepared in accordance with the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102.
The accounts are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared on the historical cost convention as modified to include the revaluation of investments at market value. The principal accounting policies adopted are set out below.
## **GOING CONCERN**
At the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees' continue to adopt the going concern basis of accounting in preparing the accounts.
## **HOLLAND HOUSE CIO**
## **Notes to the Financial Statements for the year ended 31 December 2022**
## **CHARITABLE FUNDS**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts.
## **DONATIONS, GRANTS and LEGACIES**
Donations, grants and legacies are included in the period in which they are receivable, which is when the Charity becomes entitled to the resource. Those items not received at the balance sheet date are included in debtors.
## **INVESTMENT INCOME**
Income from investments is included in the Statement of Financial Activities (SOFA) in the period in which it is receivable.
## **RESOURCES EXPENDED**
Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered. Those items not settled at the balance sheet date are included in creditors.
Governance costs represent costs, attributable to the management of the Charity’s assets, organisational administration and compliance with constitutional and statutory requirements. They are allocated to funds by relevance of the underlying expense.
## **TANGIBLE FIXED ASSETS**
Fixed assets are shown at historical cost.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life on a straight line basis. Computers 25%; Fixtures, Fittings and Other Equipment between 10% and 25%. Improvements and repairs to buildings are written off as outgoing resources in the Statement of Financial Activities.
## **CASH AND CASH EQUIVALENTS**
Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.
## **HOLLAND HOUSE CIO**
**Notes to the Financial Statements for the period ended 31 December 2022**
## **1. FINANCIAL INSTRUMENTS**
The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised when the Charity becomes party to the contractual provisions of the instrument.
Financial assets are offset, with the net amounts presented in the accounts when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic Financial Assets**_
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.
## _**Basic Financial Liabilities**_
Basic financial liabilities, including trade and other payables, are initially recognised at transaction price.
## _**Derecognition of Financial Liabilities**_
Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.
12
**HOLLAND HOUSE CIO**
## **Notes to the Financial Statements for the period ended 31 December 2022**
|**2.**
**DONATIONS AND LEGACIES**
Donations
Gift Aid on Donations
Grants
Legacies
**Total**
**3.**
**CHARITABLE ACTIVITIES**
**Property Management**
Council Tax
Water
Gas & Electricity
Oil
Garden Maintenance
Laundry & Cleaning
Repairs & Renewals
**Total**
**Event Expenses**
Catering & Other House Expenses
Tutor & Event Expenses
**Total**
**Staff Costs**
Wages & Salaries
Social Security Costs
Pension Costs
Training & Clothing Costs
**Sub total**
Property Rental
Travel Expenses
**Total**
**Total Charitable Activities**
**Expense**
**Number of Employees**
**4.**
**OTHER ACTIVITIES**
Bar Cost of Sales
Goods for Resale
**Total**
**5.**
**GOVERNANCE COSTS**
Trustee Expenses
Independent Examiner's Fee
Professional Fees
Interest & Charges
Subscriptions
Office Expenses
IT Project
Depreciation
Insurance
**Total**|**General**
**Designated**
**Restricted**
**£**
**£**
**£**
**1,832**
**-**
**17,180**
**-**
**-**
**-**
**2,667**
**-**
**-**
**-**
**-**
**-**
**4,499**
**-**
**17,180**
**General**
**Designated**
**Restricted**
**£**
**£**
**£**
**3,017**
**-**
**-**
**1,142**
**-**
**-**
**26,248**
**-**
**-**
**19,573**
**-**
**-**
**3,274**
**-**
**5,535**
**9,513**
**-**
**-**
**34,084**
**-**
**1,374**
**96,850**
**-**
**6,909**
**70,710**
**-**
**-**
**3,779**
**-**
**-**
**74,489**
**-**
**-**
**215,769**
**-**
**-**
**11,794**
**-**
**-**
**31,392**
**-**
**-**
**-**
**-**
**-**
**258,954**
**-**
**-**
**10,800**
**-**
**-**
**415**
**-**
**-**
**270,169**
**-**
**-**
**441,509**
**-**
**6,909**
**General**
**Designated**
**Restricted**
**£**
**£**
**£**
**7,790**
**-**
**-**
**7,759**
**-**
**-**
**15,549**
**-**
**-**
**General**
**Designated**
**Restricted**
**£**
**£**
**£**
**-**
**-**
**-**
**300**
**-**
**-**
**2,751**
**-**
**-**
**2,241**
**-**
**-**
**3,641**
**-**
**-**
**7,562**
**-**
**-**
**12,000**
**-**
**-**
**2,001**
**-**
**-**
**8,428**
**-**
**-**
**38,924**
**-**
**-**
**Unrestricted**
**Unrestricted**
**Unrestricted**
**Unrestricted**|**2022**
**Total**
**£**
**19,012**
**-**
**2,667**
**-**
**21,679**
**2022**
**Total**
**£**
**3,017**
**1,142**
**26,248**
**19,573**
**8,809**
**9,513**
**35,458**
**103,759**
**70,710**
**3,779**
**74,489**
**215,769**
**11,794**
**31,392**
**-**
**258,954**
**10,800**
**415**
**270,169**
**448,417**
**2022**
**Total**
**£**
**7,790**
**7,759**
**15,549**
**2022**
**Total**
**£**
**-**
**300**
**2,751**
**2,241**
**3,641**
**7,562**
**12,000**
**2,001**
**8,428**
**38,924**|2021
General
Designated
Restricted
Total
£
£
£
£
8,677
-
8,140
16,817
-
-
-
-
180,259
-
29,027
209,286
-
-
-
-
188,936
-
37,167
226,103
2021
General
Designated
Restricted
Total
£
£
£
£
2,570
-
-
2,570
(172)
-
-
(172)
8,676
-
-
8,676
6,927
-
-
6,927
5,188
-
37
5,225
5,356
-
-
5,356
70,857
-
12,613
83,470
99,402
-
12,650
112,052
40,995
-
-
40,995
2,624
-
-
2,624
43,619
-
-
43,619
181,379
-
29,027
210,406
-
-
-
-
-
-
-
-
-
-
-
-
181,379
-
29,027
210,406
7,650
-
-
7,650
324
-
-
324
189,353
-
29,027
218,380
332,374
-
41,677
374,051
2021
General
Designated
Restricted
Total
£
£
£
£
3,805
-
-
3,805
1,562
-
-
1,562
5,367
-
-
5,367
2021
General
Designated
Restricted
Total
£
£
£
£
-
-
-
-
250
-
-
250
-
-
-
-
1,417
-
-
1,417
3,733
-
-
3,733
22,627
-
-
22,627
-
-
-
-
1,601
-
-
1,601
7,819
-
-
7,819
37,447
-
-
37,447
Unrestricted
Unrestricted
Unrestricted
Unrestricted|
|---|---|---|---|
## **6. TANGIBLE FIXED ASSETS**
Fixed assets are shown at historical cost.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life on a straight line basis. Computers 25%; Fixtures, Fittings and Other Equipment between 10% and 25%
Improvements and repairs to buildings are written off as outgoing resources in the Statement of Financial Activities.
|**General**
**Designated**
**Restricted**
**Cost**
**£**
**£**
**£**
At 1 January 2022
**97,689**
**-**
**-**
Additions for the period
**965**
**-**
**-**
Revaluation
**-**
**-**
**-**
Disposals
**-**
**-**
**-**
**At 31 December 2022**
**98,654**
**-**
**-**
**Depreciation**
At 1 January 2022
**91,823**
**-**
**-**
for the period
**2,002**
**-**
**-**
Disposals
**-**
**-**
**-**
**At 31 December 2022**
**93,825**
**-**
**-**
**Net Book Values**
**At 31 December 2022**
**4,829**
**-**
**-**
**7.**
**STOCK**
Stock has been valued at the lower of cost and net realisable value.
**General**
**Designated**
**Restricted**
**£**
**£**
**£**
Food & Catering
**1,589**
**-**
**-**
Heating Fuel
**1,594**
**-**
**-**
Bar
**1,157**
**-**
**-**
Goods for Re-sale
**3,393**
**-**
**-**
**Total**
**7,732**
**-**
**-**
**8.**
**CASH AT BANK & IN HAND**
**General**
**Designated**
**Restricted**
**£**
**£**
**£**
Cash in hand
**194**
**-**
**-**
Cash at bank
**49,780**
**-**
**-**
Cash at PayPal
**479**
**-**
**-**
Cash at Stripe
**1,119**
CBF Deposit Fund
**248,013**
**-**
**-**
**Total**
**299,585**
**-**
**-**
**9.**
**General**
**Designated**
**Restricted**
**£**
**£**
**£**
Trade Debtors
**1,655**
**-**
**-**
Prepayments
**-**
**-**
**-**
Transax Receipts
**-**
**-**
**-**
Vouchers
**368**
**-**
**-**
Other Debtors
**-**
**-**
**-**
**Total**
**2,023**
**-**
**-**
10 **CREDITORS & ACCRUALS**
**General**
**Designated**
**Restricted**
**£**
**£**
**£**
Trade Creditors
**15,468**
**-**
**-**
Deposits received in Advance
**54,445**
**-**
**-**
Other Creditors
**4,531**
**-**
**-**
Accruals
**5,752**
**-**
**-**
**Total**
**80,196**
**-**
**-**
**Unrestricted**
**Unrestricted**
**Unrestricted**
**DEBTORS & PREPAYMENTS**
**Unrestricted**
**Unrestricted**|**2022**
**Total**
**£**
**97,689**
**965**
**-**
**-**
**98,654**
**91,823**
**2,002**
**-**
**93,825**
**4,829**
**2022**
**Total**
**£**
**1,589**
**1,594**
**1,157**
**3,393**
**7,732**
**2022**
**Total**
**£**
**194**
**49,780**
**479**
**1,119**
**248,013**
**299,585**
**2022**
**Total**
**£**
**1,655**
**-**
**-**
**368**
**-**
**2,023**
**2022**
**Total**
**£**
**15,468**
**54,445**
**4,531**
**5,752**
**80,196**|2021
General
Designated
Restricted
Total
£
£
£
£
92,920
-
-
92,920
4,769
-
-
4,769
-
-
-
-
-
-
-
-
97,689
-
-
97,689
89,393
-
-
89,393
2,430
-
-
2,430
-
-
-
-
91,823
-
-
91,823
5,866
-
-
5,866
2021
General
Designated
Restricted
Total
£
£
£
£
1,838
-
-
1,838
1,594
-
-
1,594
1,157
-
-
1,157
3,393
-
-
3,393
7,982
-
-
7,982
2021
General
Designated
Restricted
Total
£
£
£
£
137
-
-
137
75,992
-
-
75,992
-
-
-
-
151,183
-
-
151,183
227,312
-
-
227,312
2021
General
Designated
Restricted
Total
£
£
£
£
2,172
-
-
2,172
-
-
-
-
2,091
-
-
2,091
-
-
-
-
-
-
-
-
4,263
-
-
4,263
2021
General
Designated
Restricted
Total
£
£
£
£
3,082
-
-
3,082
49,163
-
-
49,163
2,272
-
-
2,272
250
-
-
250
54,767
-
-
54,767
Unrestricted
Unrestricted
Unrestricted
Unrestricted
Unrestricted|
|---|---|---|
## **11a. GENERAL FUNDS**
The General Unrestricted Funds are retained as necessary to cover working capital.
|**Balance**
**Incoming**
**Resources**
**Balance**
**01.01.22**
**Resources**
**Expended**
**31.12.22**
**b/f**
**c/f**
**£**
**£**
**£**
**£**
**General Funds Total**
**119,654**
**527,911**
**(495,982)**
**151,583**
**11b. DESIGNATED FUNDS**
**Balance**
**Incoming**
**Resources**
**Balance**
**01.01.22**
**Resources**
**Expended**
**31.12.22**
**b/f**
**c/f**
**£**
**£**
**£**
**£**
Vine Cottage
**59,386**
**-**
**-**
**59,386**
**Total**
**59,386**
**-**
**-**
**59,386**
**11c. RESTRICTED FUNDS**
**Balance**
**Incoming**
**Resources**
**Balance**
**01.01.22**
**Resources**
**Expended**
**31.12.22**
**b/f**
**c/f**
**£**
**£**
**£**
**£**
Donations
**142**
**-**
**-**
**142**
JRS Grant
**-**
**-**
**-**
**-**
Carpet
**-**
**-**
**-**
**-**
Prayer Hut
**545**
**-**
**-**
**545**
Pictures
**-**
**-**
**-**
**-**
Garden Railings
**-**
**-**
**-**
**-**
General Garden
**4,203**
**964**
**(3,319)**
**1,848**
Ashe Legacy
**700**
**-**
**-**
**700**
Perry Legacy
**-**
**2,216**
**(2,216)**
**-**
Labyrinth
**-**
**-**
**-**
**-**
The Den
**3,884**
**-**
**(1,374)**
**2,510**
IT
**100**
**-**
**-**
**100**
Friends Bursary
**40**
**-**
**-**
**40**
Hymn Books
**2,000**
**-**
**-**
**2,000**
Bathrooms
**-**
**14,000**
**-**
**14,000**
Anniversary Appeal
**-**
**-**
**-**
**-**
**Total**
**11,615**
**17,180**
**(6,909)**
**21,886**
**11d.**
**TOTAL FUNDS**
**Balance**
**Incoming**
**Resources**
**Balance**
**01.01.22**
**Resources**
**Expended**
**31.12.22**
**b/f**
**c/f**
**£**
**£**
**£**
**£**
General Funds
**41,121**
**527,911**
**(495,982)**
**73,050**
Designated Funds
**59,386**
**-**
**-**
**59,386**
Restricted Funds
**11,615**
**17,180**
**(6,909)**
**21,886**
**Total**
**112,122**
**545,091**
**(502,890)**
**154,322**
Under Consideration
Committed
but not Contracted
but not Contracted
£
£
As at 31 December 2022
Nil
Nil
**12.**
**General**
**Designated**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
Tangible Fixed Assets
**4,829**
**-**
**-**
**4,829**
Current Assets
**228,068**
**59,386**
**21,886**
**309,340**
Current Liabilities
**(80,196)**
**-**
**-**
**(80,196)**
**Total**
**152,702**
**59,386**
**21,886**
**233,974**
**NET ASSETS ANALYSIS BY**
**FUND**
**Future Capital Considerations**
**31 December 2022**|Balance
Incoming
Resources
Balance
01.01.21
Resources
Expended
31.12.21
b/f
c/f
£
£
£
£
41,121
453,721
(375,188)
119,654
Balance
Incoming
Resources
Balance
01.01.21
Resources
Expended
31.12.21
b/f
c/f
£
£
£
£
59,386
-
-
59,386
59,386
-
-
59,386
Balance
Incoming
Resources
Balance
01.01.21
Resources
Expended
31.12.21
b/f
c/f
£
£
£
£
142
142
-
29,027
(29,027)
-
-
5,000
(5,000)
-
545
-
-
545
120
-
(120)
-
75
-
(75)
-
3,240
1,000
(37)
4,203
700
-
-
700
88
-
(88)
-
10,000
-
(6,116)
3,884
-
100
-
100
-
40
-
40
-
2,000
-
2,000
1,214
-
(1,214)
-
16,125
37,167
(41,677)
11,615
Balance
Incoming
Resources
Balance
01.01.21
Resources
Expended
31.12.21
b/f
c/f
£
£
£
£
41,121
-
-
41,121
59,386
-
-
59,386
16,125
37,167
(41,677)
11,615
116,632
37,167
(41,677)
112,122
General
Designated
Restricted
Total
Funds
Funds
Funds
Funds
5,865
-
-
5,865
168,557
59,386
11,615
239,558
(54,767)
-
-
(54,767)
119,655
59,386
11,615
190,656
31 December 2021|
|---|---|
**13. RELATED PARTY TRANSACTIONS**
There have been no related party transactions in the financial period.