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





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|||||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<br>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<br>income||||597||597|10|
|Other income|||||||413|
|CJRS grant (furlough<br>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<br>on charitable||activities|Note 6|28,576|98,813|127,389|73,518|
|Other expenditure|||Note 7|23,385||23,385|23,108|
|Professional<br>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<br>between|Funds||Note 12|10,905|(10,905)|||
|Net movement<br>in|funds|||31,937|1,219|33,156|18,436|
|Reconciliation<br>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|





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|||||||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<br>funds:||||||||
|New Building<br>Fund|||||Note 12|9,626|9,626|
|Community<br>Outreach|||projects||Note 12|5,951|5,288|
|Newday|||||Note 12|1,594|2,242|
|Friendship<br>Club|||||Note 12|518|485|
|Lowestoft Foodbank|||||Note 12|98,748|87,309|
|CAP Debt Advisory||Service|||Note 12|952||
|Hardship<br>Fund|||||Note 12||158|
|Revaluation<br>Reserve|||||Note 12|550,037|581,101|
|||||||667,426|888,207|
|Unrestricted<br>funds|||||Note 12|259,025|227,088|
|||||||926,451|893,295|





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|||||||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<br>Funds|Restricted<br>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<br>Funds|Restricted<br>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|





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|Staffing costs||||Unrestricted<br>Funds|Restricted<br>Funds|2022/23|2021/22|
|---|---|---|---|---|---|---|---|
|||||f|f|f||
|Gross salaries<br>&wages||||79,925|36,532|116,467|115,174|
|Social Security costs||||2,358||2,368|2,657|
|Employers<br>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<br>of employees||||||||
|No employee<br>received employee|||benefits of more than f60,000 for the reporting|||period.||
|||||Unrestricted|Restricted|||
|Expenditure<br>on charitable||activities||Funds<br>f|Fundsf|2022/23<br>f|2021/22<br>f|
|Church<br>meetings||||26,418||26,418|3,298|
|Children,<br>Youth &Schools work||||1,253|6,654|7,907|971|
|Community<br>work||||500|91,744|92,244|68,918|
|Evangelism,<br>Cell &|Equipping|||74||74|59|
|Church events||||331||331|79|
|Hardship<br>Fund|||||415|415|193|
|||||28,576|98,813|127,389|73,518|
|Other expenditure||||Unrestricted<br>Funds|Restricted<br>Funds|2022/23|2021/22|
||||||f|||
|Admin<br>& 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<br>&interest||||782||782|0|
|Repairs<br>&cleaning||||5,228||5,228|6,989|
|Memberships<br>&subscriptions||||2,107||2,107|2,074|
|Miscellaneous||||157||167|377|
|||||23,385||23,385|23,108|





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|Tangible<br>Fixed Assets|Freehold|land|Freehold<br>property|Fixtures,<br>fittings<br>&<br>equipment|Motor<br>vehicles<br>(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<br>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|





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|||||||||At 31 March|At 31 March|
|---|---|---|---|---|---|---|---|---|---|
|10|Creditors:|amounts||falling due within one year||||2023|2022|
|||||||||6||
||Trade creditors|||||||1,606|569|
||Accruals<br>&|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<br>2022|Incoming<br>resources|Outgoing<br>resources|Transfers|At 31 March<br>2023|
||||||||8|f|6|
||Unrestricted<br>funds:|||||||||
||General<br>Fund||||227,088|196,318|(175,286)|10,905|259,025|
||Restricted|funds:||||||||
||New Building<br>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<br>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|





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|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|



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