**CHARITY REGISTRATION NUMBER: 1180182** 

# **THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

# **Unaudited Financial Statements** 

**31 December 2022** 

## **BENSIRI CONSULTANCY SERVICES LIMITED** 

C ertified A ccountants Business Incubation Centre Durham Way South Newton Aycliffe Durham DL5 6XP 



**THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

## **Financial Statements** 

## **Year ended 31 December 2022** 

||**Page**|
|---|---|
|Trustees' annual report|**1**|
|Independent examiner's report to the trustees|**3**|
|Statement of financial activities|**4**|
|Statement of financial position|**5**|
|Statement of cash flows|**6**|
|Notes to the financial statements|**7**|





**THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

## **Trustees' Annual Report** 

## **Year ended 31 December 2022** 

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2022. 

## **Reference and administrative details** 

**Registered charity name** THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND 

**Charity registration number** 1180182 **Principal office** North Bridge Street Sunderland Tyne & Wear SR5 1AB England 

## **The trustees** 

MR F Ezenagu MR I 0DIGE MR S AFEGBUA **Independent examiner** Kofi Amaoah Bentil - LLM, ACCA(CAT), BBA(Hons) Banking & Fin. Business Incubation Centre Durham Way South Newton Aycliffe Durham DL5 6XP 

## **Structure, governance and management** 

Mr Peter Asuata is the Head Pastor; he is responsible for the daily management of the Charity, with support from the Trustee members. Mr Francis Ezenagu - Trustee Member Mr Israel Odige - Trustee Member Mr Stanley Afegbua - Trustee Member 

## **Objectives and activities** 

THE ADVANCEMENT OF THE CHRISTIAN FAITH WORLDWIDE IN ACCORDANCE WITH THE DOCTRINES SET OUT IN THE STATEMENT OF FAITH CONTAINED IN THE SCHEDULE 

## **Achievements and performance** 

The Church during the reporting year was able to provide counselling, direction, and food to the less previllage in the society. 

**1** 



## **THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

**Trustees' Annual Report** _**(continued)**_ 

## **Year ended 31 December 2022** 

## **Financial review** 

A review of the financial position at the end of the charity's second reporting period suggest that a reasonable amount of assets have been acquired and the charity is getting into a position where it can start holding financial reserves. The charity does not have any policy for holding reserves and does not hold any financial reserves. This is because the charity is in its second reporting period and revenues from donations and its related activities are encouraging. 

The trustees' annual report was approved on 31 December 2022 and signed on behalf of the board of trustees by: 

Peter Asuata Head Pastor 

**2** 



## **THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

## **Independent Examiner's Report to the Trustees of THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

## **Year ended 31 December 2022** 

I report to the trustees on my examination of the financial statements of THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND ('the charity') for the year ended 31 December 2022. 

## **Responsibilities and basis of report** 

I report on the accounts for the year ended 31st December 2022. Respective responsibilities of trustees and examiner 

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 43(2) of the Charities Act 1993(the 1993 Act)) and that an independent examination is required. The charity's gross income is above £10,000 and I am qualified to undertake the examination by being a qualified Certified Accounting Technician, supervised by HMRC Anti-Money Laundering. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under Section 43 of the 1993 Act and to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 43(7)(b) of the 1993 Act); and to state whether particular matters have come to my attention. 

## **Independent examiner's statement** 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns 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. 

Kofi Amaoah Bentil - LLM, ACCA(CAT), BBA(Hons) Banking & Fin. Independent Examiner 

Business Incubation Centre Durham Way South Newton Aycliffe Durham DL5 6XP 

**3** 



**THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

## **Statement of Financial Activities** 

## **Year ended 31 December 2022** 

|||**2022**|2021|
|---|---|---|---|
|||**Total funds**|Total funds|
||**Note**|**£**|£|
|**Income and endowments**||||
|Donations and legacies|**4**|224,776|266,150|
|||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|
|**Total income**||224,776|266,150|
|||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|
|**Expenditure**||||
|Expenditure on raising funds:||||
|Costs of raising donations and legacies|**5**|112,950|223,075|
|Expenditure on charitable activities|**6,7**|96,550|43,075|
|||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|
|**Total expenditure**||209,500|266,150|
|||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|
|||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|
|**Net income and net movement in funds**||15,276|–|
|||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|
|**Reconciliation of funds**||||
|Total funds brought forward||–|5,532|
|||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|
|**Total funds carried forward**||–|5,532|
|||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|



The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 

**The notes on pages 7 to 13 form part of these financial statements.** 

**4** 



**THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

## **Statement of Financial Position** 

## **31 December 2022** 

|||**2022**|2021|
|---|---|---|---|
||**Note**|**£**|£|
|**Fixed assets**||||
|Tangible fixed assets|**12**|15,276|5,532|
|||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄ|
|**Total assets less current liabilities**||15,276|5,532|
|||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|
|**Funds of the charity**||||
|Unrestricted funds||–|5,532|
|||ৄৄৄৄ|ৄৄৄৄৄৄৄ|
|**Total charity funds**||–<br>৶৶৶৶|5,532<br>৶৶৶৶৶৶৶|



These financial statements were approved by the board of trustees and authorised for issue on 31 December 2022, and are signed on behalf of the board by: 

## MR F EZENAGU Trustee 

**The notes on pages 7 to 13 form part of these financial statements.** 

**5** 



**THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

## **Statement of Cash Flows** 

## **Year ended 31 December 2022** 

||**2022**|2021|
|---|---|---|
||**£**|£|
|**Cash flows from operating activities**|||
|Net income|15,276|–|
|_Adjustments for:_|||
|Depreciation of tangible fixed assets|(1,388)|–|
|Government grant income(Gift Aid)|(127,259)|(53,230)|
||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|Cash generated from operations|(113,371)|(53,230)|
||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|Net cash used in operating activities|(113,371)|(53,230)|
||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|**Cash flows from investing activities**|||
|Purchase of tangible assets|(8,909)|–|
||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|Net cash used in investing activities|(8,909)|–|
||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|**Cash flows from financing activities**|||
|Government grant income(Gift Aid)|127,259|53,230|
||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|Net cash from financing activities|127,259|53,230|
||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|**Net increase in cash and cash equivalents**|4,979|–|
|**Cash and cash equivalents at beginning of year**|–|–|
||ৄৄৄৄৄৄৄ|ৄৄৄৄ|
|**Cash and cash equivalents at end of year**|4,979|–|
||৶৶৶৶৶৶৶|৶৶৶৶|



**The notes on pages 7 to 13 form part of these financial statements.** 

**6** 



**THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

## **Notes to the Financial Statements** 

## **Year ended 31 December 2022** 

## **1. General information** 

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is North Bridge Street, Sunderland, Tyne & wear, SR5 1AB, England. 

## **2. Statement of compliance** 

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011. 

## **3. Accounting policies** 

## **Basis of preparation** 

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. 

The financial statements are prepared in sterling, which is the functional currency of the entity. 

## **Going concern** 

There are no material uncertainties about the charity's ability to continue. 

## **Transition to FRS 102** 

The entity transitioned from previous UK GAAP to FRS 102 as at 1 January 2021. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 15. 

## **Fund accounting** 

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. 

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. 

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. 

**7** 



**THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 December 2022** 

**3. Accounting policies** _**(continued)**_ 

## **Incoming resources** 

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: 

- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. 

- legacy income is recognised when receipt is probable and entitlement is established. 

- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. 

- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. 

## **Resources expended** 

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: 

- expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods. 

- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. 

- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. 

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. 

## **Tangible assets** 

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. 

**8** 



**THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 December 2022** 

**3. Accounting policies** _**(continued)**_ 

## **Tangible assets** _**(continued)**_ 

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities.  A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. 

## **Depreciation** 

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: 

|Fixtures and fittings|-|10% reducing balance|
|---|---|---|
|Equipment|-|10% reducing balance|
|User defined asset|-|10% reducing balance|



## **Impairment of fixed assets** 

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. 

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. 

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. 

## **Government grants** 

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received. 

Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability. 

**9** 



**THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 December 2022** 

**3. Accounting policies** _**(continued)**_ 

## **Financial instruments** 

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. 

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. 

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. 

Debt instruments are subsequently measured at amortised cost. 

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. 

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. 

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. 

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. 

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. 

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. 

## **4. Donations and legacies** 

||**Total Funds**|Total Funds|
|---|---|---|
||**2022**|2021|
||**£**|£|
|**Donations**|||
|Donations type 1|97,517|212,920|



**10** 



**THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 December 2022** 

|**4.**|**Donations and legacies** **_(continued)_**|||||
|---|---|---|---|---|---|
|||||**Total Funds**|Total Funds|
|||||**2022**|2021|
|||||**£**|£|
||**Grants**|||||
||Government grant income(Gift Aid)|||127,259|53,230|
|||||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|
|||||224,776|266,150|
|||||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|
|**5.**|**Costs of raising donations and legacies**|||||
|||||**Total Funds**|Total Funds|
|||||**2022**|2021|
|||||**£**|£|
||Costs of raising donations and legacies - Donations|||112,950|223,075|
|||||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|
|**6.**|**Expenditure on charitable activities by fund type**|||||
|||||**Total Funds**|Total Funds|
|||||**2022**|2021|
|||||**£**|£|
||Activity type 20|||38,900|43,075|
||Support costs|||57,650|–|
|||||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|||||96,550|43,075|
|||||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|**7.**|**Expenditure on charitable activities by activity type**|||||
|||Activities||||
|||undertaken||**Total funds**|Total fund|
|||directly Support costs||**2022**|2021|
|||£|£|**£**|£|
||Activity type 20|38,900|57,650|96,550|43,075|
|||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|**8.**|**Net income**|||||
||Net income is stated after charging/(crediting):|||||
|||||**2022**|2021|
|||||**£**|£|
||Depreciation of tangible fixed assets|||(1,388)|–|
|||||৶৶৶৶৶৶৶|৶৶৶৶|
|**9.**|**Independent examination fees**|||||
|||||**2022**|2021|
|||||**£**|£|
||Fees payable to the independent examiner for:|||||
||Independent examination of the financial statements|||420|420|
|||||৶৶৶৶|৶৶৶৶|
|**10.**|**Staff costs**|||||



**11** 



**THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 December 2022** 

## **10. Staff costs** _**(continued)**_ 

The average head count of employees during the year was Nil (2021: 1). 

No employee received employee benefits of more than £60,000 during the year (2021: Nil). 

## **11. Trustee remuneration and expenses** 

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. 

## **12. Tangible fixed assets** 

||Fixtures and||User defined||
|---|---|---|---|---|
||fittings|Equipment|asset|**Total**|
||£|£|£|**£**|
|**Cost**|||||
|At 1 January 2022|216|1,289|3,474|4,979|
|Additions|8,000|509|400|8,909|
||ৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**At 31 December 2022**|8,216|1,798|3,874|13,888|
||৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|**Depreciation**|||||
|At 1 January 2022|–|–|–|–|
|Charge for the year|(822)|(179)|(387)|(1,388)|
||ৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**At 31 December 2022**|(822)|(179)|(387)|(1,388)|
||৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|**Carrying amount**|||||
|**At 31 December 2022**|9,038|1,977|4,261|15,276|
||৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|At 31 December 2021|216|1,289|3,474|4,979|
||৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|



## **Tangible fixed assets held at valuation** 

In respect of tangible fixed assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows: 

||Fixtures and||User defined||
|---|---|---|---|---|
||fittings|Equipment|asset|**Total**|
||£|£|£|**£**|
|**At 31 December 2022**|||||
|Aggregate cost|240|1,432|3,860|5,532|
|Aggregate depreciation|(24)|(143)|(386)|(553)|
||ৄৄৄৄ|ৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄ|
|**Carrying value**|216|1,289|3,474|4,979|
||৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|
|At 31 December 2021|||||
|Aggregate cost|–|–|–|–|
|Aggregate depreciation|–|–|–|–|
||ৄৄৄৄ|ৄৄৄৄ|ৄৄৄৄ|ৄৄৄৄ|
|Carrying value|–|–|–|–|
||৶৶৶৶|৶৶৶৶|৶৶৶৶|৶৶৶৶|



**12** 



**THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING FAITH SUNDERLAND** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 December 2022** 

## **13. Government grants** 

The amounts recognised in the financial statements for government grants are as follows: 

||**2022**|2021|
|---|---|---|
||**£**|£|
|Recognised in income from donations and legacies:|||
|Government grants income(Gift Aid)|127,259<br>৶৶৶৶৶৶৶৶৶|53,230<br>৶৶৶৶৶৶৶৶|



## **14. Analysis of changes in net debt** 

|||||||**At**||
|---|---|---|---|---|---|---|---|
|At|1|Jan|2022|Cash flows|**31**|**Dec**|**2022**|
||||£|£|||**£**|



## **15. Transition to FRS 102** 

These are the first financial statements that comply with FRS 102. The charity transitioned to FRS 102 on 1 January 2021. 

No transitional adjustments were required in the retained funds or income or expenditure for the year. 

**13**