2023-03-31-accounts

			Page
Reference	and Administrative details
Report of	the Trustees		2-7
Report of	the Independent Examiner
Statement	of Financial	Activities
Balance Sheet			10
Notes to the financial		statements	11-16

				Unrestricted	Restricted	Total	Total
			Notes	Funds	Funds	2022/23	2021/22
				6	6		6
income:
Income from donations			Note 2	187,945	151,342	339,287	267,711
Income from charitable activities			Note 3	3,930	6,101	10,031	1,220
Income from other	trading	activities	Note 4	3,846		3,846	2,189
Investment income				597		597	10
Other income							413
CJRS grant (furlough pay		recovered)					1,421
Total Income				196,318	157,443	353,761	272,964
Expenditure:
StaRing costs			Note 6	88,910	36,532	125,442	121,744
Tithe to Relational	Mission			19,200		19,200	21,996
Expenditure on charitable		activities	Note 6	28,576	98,813	127,389	73,518
Other expenditure			Note 7	23,385		23,385	23,108
Professional fees				600		600	330
Depreciation			Nots 8	14,449	9,974	24,423	13,808
Loss on disposal of fixed assets				166		166	24
Total expenditure				175,286	145,319	320,605	254,528
Net income/(expenditure)				21,032	12,124	33,156	18,436
Transfers between	Funds		Note 12	10,905	(10,905)
Net movement in	funds			31,937	1,219	33,156	18,436
Reconciliation offunds:
Fund balances brought		forward		227,088	666,207	893,295	874,859
Fund balances carried forward			Note 12	259,025	667,426	926,451	893,295

						At 31 llllarch	At 31 March
					Notes	2023	2022
							6
Fixed Assets
Tangible assets					Note 8	617,618	808,172
Current Assets
Debtors					Note 9	18,350	4,874
Cash at bank and	in	hand				316,575	289,203
						334,925	294,077
Creditors: amounts	falling due within one year				Note10	(12,759)	(8,954)
Net current assets						322,166	285,123
Total assets less	current			liabilities		939,784	893,295
Creditors: amounts	falling due after one year				Note 11	(13,333)
Total Net Assets						926,451	893,295
The Funds ofthe	Charity:
Restricted funds:
New Building Fund					Note 12	9,626	9,626
Community Outreach			projects		Note 12	5,951	5,288
Newday					Note 12	1,594	2,242
Friendship Club					Note 12	518	485
Lowestoft Foodbank					Note 12	98,748	87,309
CAP Debt Advisory		Service			Note 12	952
Hardship Fund					Note 12		158
Revaluation Reserve					Note 12	550,037	581,101
						667,426	888,207
Unrestricted funds					Note 12	259,025	227,088
						926,451	893,295

						Unrestricted	Restricted
Income	from		donations			Funds	Funds	2022/23	2021/22
						f
Donations						154,783	43,029	197,812	189,377
GIR Aid						33,162	1,711	34,873	34,061
Grants							106,602	106,602	44,273
						167,945	151,342	339,287	267,711
Income	from		charitable	activities		Unrestricted Funds	Restricted Funds	2022/23	2021/22
						f	f	f	f
Children	&	Youth Activities				1,303	6,006	7,309	629
Equipping		& Training				2,627		2,627	591
Church	Events
Community		Activities					95	95
						3,930	6,101	10,031	1,220
Income	from		other trading		activities	Unrestricted Funds	Restricted Funds	2022/23	2021/22
						f	f	f	f
Building	hire					3,780		3,780	2,120
Photocopying			& printing			66		66	69
						3,846		3,846	2,189

Staffing costs				Unrestricted Funds	Restricted Funds	2022/23	2021/22
				f	f	f
Gross salaries &wages				79,925	36,532	116,467	115,174
Social Security costs				2,358		2,368	2,657
Employers pension	contributions			2,752		2,762	2,882
				85,035	36,532	121,667	120,713
Travel 8 subsistence				2,983		2,983	791
Staff training				892		892	240
				88,910	36,532	126,442	121,744
Number of employees
No employee received employee			benefits of more than f60,000 for the reporting			period.
				Unrestricted	Restricted
Expenditure on charitable		activities		Funds f	Fundsf	2022/23 f	2021/22 f
Church meetings				26,418		26,418	3,298
Children, Youth &Schools work				1,253	6,654	7,907	971
Community work				500	91,744	92,244	68,918
Evangelism, Cell &	Equipping			74		74	59
Church events				331		331	79
Hardship Fund					415	415	193
				28,576	98,813	127,389	73,518
Other expenditure				Unrestricted Funds	Restricted Funds	2022/23	2021/22
					f
Admin & Office costs				3,146		3,146	2,917
Light, heat, water &	waste disposal			9,513		9,513	8,471
Insurance				2,452		2,452	2,280
Bank charges &interest				782		782	0
Repairs &cleaning				5,228		5,228	6,989
Memberships &subscriptions				2,107		2,107	2,074
Miscellaneous				157		167	377
				23,385		23,385	23,108

Tangible Fixed Assets	Freehold	land	Freehold property	Fixtures, fittings & equipment	Motor vehicles (restrl cted)	Total
Cost or valuation:
At 1 April 2022	40,000		648,200	65,006	500	753,706
Additions				4,035	30,000	34,035
Disposals				(3,001)	(500)	(3,601)
At 31 March 2023	40,000		648,200	66,040	30,000	784,240
Accumulated depreciation:
At 1 April 2022			83,748	61,510	276	145,534
Charge for the period			11,964	2,485	9,974	24,423
Disposals				(2,985)	(350)	(3,336)
At 31 March 2023			95,712	61,010	9,900	166,622
Net Book Value:
At 31 March 2023	40,000		552,488	5,030	20,100	617,618
At 31 March 2022	40,000		564,452	3,496	224	608,172

			Freehold	Freehold
Historical cost note:			land	property
			5
Cost			50,000	45,000
Less accumulated		depreciation		(19,800)
			50,000	25,200
			At 31 March	At 31 March
Debtors			2023	2022
			E
Trade debtors			5,385	150
Prepayments	&accrued income		12,965	4,682
Other debtors				42
			18,350	4,874

								At 31 March	At 31 March
10	Creditors:	amounts		falling due within one year				2023	2022
								6
	Trade creditors							1,606	569
	Accruals &	deferred	income					4,842	5,725
	Tax &social security							1,733	1,990
	Obligations	due under		hire purchase				4,000
	Other creditors							679	670
								12,759	8,954
								At 31 March	At 31 March
11	Creditors:	amounts		falling due after	one year			2023	2022
								6
	Obligations	due under		hire purchase				13333
12	Movements	In funds			At 1 April 2022	Incoming resources	Outgoing resources	Transfers	At 31 March 2023
							8	f	6
	Unrestricted funds:
	General Fund				227,088	196,318	(175,286)	10,905	259,025
	Restricted	funds:
	New Building Fund				9,626				9,626
	Community	Outreach			5,288	8,309	(7,646)		5,951
	Newday				2,242	6,006	(6,654)		1,594
	Friendship	Club			485	95	(62)		518
	Lowestoft Foodbank				87,309	129,182	(117,743)		98,748
	CAP Debt Advisory		Service			13,751	(12,799)		962
	Hardship Fund				156	100	(415)	159
	Revaluation	reserve			561,101			(11,064)	550,037
					666,207	157,443	(145,319)	(10,905)	667,426
	Totalfunds				893,295	353,761	(320,605)		926,451

Analysis	of net assets between funds
		Unrestricted	Restricted
		funds	funds	Total funds
		6	6
Tangible	fixed assets	5,030	612,588	617,618
Current	assets	262,754	72,171	334,925
Current	liabilities	(8,759)	(4,000)	(12,759)
Liabilities over 1 year			(13,333)	(13,333)
Net assets at 31 March 2023		259,025	667,426	926,451