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2023-09-30-accounts

O
CHARITY Coly(MISSION
FOR ENGlAND
AND WALES		 O
CHARITY Coly(MISSION
FOR ENGlAND
AND WALES		 O
CHARITY Coly(MISSION
FOR ENGlAND
AND WALES		 O
CHARITY Coly(MISSION
FOR ENGlAND
AND WALES		 O
CHARITY Coly(MISSION
FOR ENGlAND
AND WALES		 COM CHURCH
Annual
accounts		 COM CHURCH
Annual
accounts		 for the Charity No
ifan
eriod		 1182008
Penod end
Penod start date 01.10.2022 date 30.09.2023
Section A Statement offinancial activities
o
Restricted
Recommended
categories		 by Unrestricted income Endowment Prior year
activity funds funds funds Totalfunds funds
6 6 6 6 6
Incoming resources (Note 3) F01 F02 F03 F04 F05
income and endowments from:
Donations and legacies 601 334,276 334276 286 083
Chsreabh
activities		 602
Olhlw bad vrg Bulls/ties S03
Investments S04
Insurance
daim		 S05 32283
Other S06 14,866 24910 39,776 11,470
Total sof 349 142 24910 374052 329 836
Resoumes expended (Note 6)
Expenditure
on:
Rewind flinds 2778 2778 2228
Charitable adivitiss SOB 211222 211,222 200,309
Separate matenal
item ofexpense		 610
Oner 611 148,399 34,398 182797 204 122
Total 612 362399 34,398 396,797 406659
Net income/(expenditure) before investment
gainsl(losses) 613 13,257 - 9,488 22,745 - 76,823
nst gains/(losses)
on investments		 614
Net incomel(expenditure) 515 13,257 - 9,488 22,745 - 76,823
Extraordinary
items		 Sl6
Transfers
between funds		 617 9,488 9,488
Other recognised
gains/(losses):
Gains and losses on revaluation of fixed assets for the charity's own um 616
Other gains/(losses) 516
Net movementin
funds		 520 22745 22745 - 76823
Reconciliation offunds:
Total funds brought
forward		 621 66,869 66,869 143692
Total funds carried forward 622 44,124 44,124 66,869

Yes*
-Tick as appropriate
No*
Please disclose:
(i) the nature ofthe change in accounting
policy;
(ii) the reasons why applying
the new accounting policy
provides
mons reliable and more relevantinformation;
and
(iii) the amount ofthe adjustment
for each line affected
in the current period, each prior period presented and
the aggregate amount ofthe adjustment
relating to
periods before those pn.'anted d,3.44FRS102SORP.
1.4Changes to accounting
estimates
No changes to accountin
estimates
have occurred		 in the reporting period (3.46 FRS 102SORP).
Yes*
No
-Tickas appropriate
Please disclose:
(i) the nature of any changes;
(ii) the effect ofthe change onincome and expense or
assets and liabilities for the current period; and
(iii) where practicable,
the effect ofthe changein		 one or
more future periods.

Note 2 Accounting
policies
2.2 INCOME
This standard list o/accounting
po//c/es
has been applied by the charity except for those ticked "No"or "N/at
Where a
d/T/orant cr additional po//cy has been adopled then th/s is detailed
in the box below.
Recognition ofincome These are included
in the Statement
ofFinancial Activities (SoFA) when:
~
the charity becomes entitled to the resources;
it is mom likely than not that the trustees
will receive the resources; and		 Yes No N/a
~
the monetary
value can be measured
with sufficient
reliability.
Them has been no offsetting ofassets and liabilities, or income and expenses, unless required or Yes No N/a
Offsetgng permitted
by the FRS102SORP orFRS 102.
No N/a
Grants and donations
are only induded
in the SoFAwhen the general
income
Grants and donations recognition
criteria are met (5.10to 5.12FRS102SORP).
In the case of performance
related grants, income must only be recognised
to the extent		 Yes No N/a
that the charity has provided
the specified goods orservices as entitlement
to the grant
only occurs when the performance
related conditions
are met (5.16FRS 102SORP).
Legacies Legacies are included
in the SOFA when receipt is probable, that is, when there has		 Yes No N/a
been grant ofprobate, the executors have established
that there are sufficient assets		 in
the estate and any conditions
attached to the legacy are either within the control ofthe
charity or have been met.
Yes No N/a
Government grants The charity has received government
grants
in the reporting
period		 v'
Gift Aid receivable
is included
in income when there is a valid declaration
from the donor.
Tax reclaims on Any Gift Aid amount recovered
on a donabon
is considered to be part otthat gift and is		 Yes No N/a
donations and gifts treated as an addition to the same fund as the initial donation
unless the donor orthe
terms ofthe appeal have specified otherwise.
Contractual
performance		 income
related		 and This is only induded
in the SoFA once the charity has provided the related goods or
services or met the pedormance
related conditions.		 es No N/a
grants
Donated goods Donated goods are measured
at fair value (the amount for which the asset could be
exchanged)
unless impractical
to do so.		 Yes No N/a
The cost ofany stock ofgoods donated for distribution
to beneficiaries
isdeemed tobe
the fair value ofthose gifts at the time oftheir receipt and they are recognised
on receipt.		 Yes
in the reporting
period
in which the stocks are distributed,
they are recognised as an
expense at the carrying
amount ofthe stocks at distdibution.
Donated goods for resale are measured
at fair value on initial recognition,
which
is the
expected proceeds from sate less the expected costs ofsale, and recognised
in 'Income
from other trading
activities'
with the corresponding
stock recognised
in the balance		 Yes No N/a
sheet.
On its sale the value ofstock is charged against 'Income from other trading
activities'
and the proceeds from
sale are also recognised as 'Income from other trading
activities'.
Yes No N/a
Goods donated
for on-going use by the charity are recognised as tangible fixed assets
and included
in the SoFA as incoming
resources when receivable.
Gifts in kind for use by the charity are included
in the SoFA as income from donations		 Yes No N/a
when receivable.
Donated services and Donated services and facilities are included
in the SOFA when received at the value of		 Yes No N/a
facilities the gift to the charity provided the value ofthe gift can be measured
reliably.
Donated services and facilities that are consumed
immediately
are recognised as		 Yes No N/a
income with an equivalent
amount recognised as an expense under the appropriate
heading
in the SOFA.
Yes No N/a
Supportcosts The charity has incurred
expenditure
on support costs.		 v'
Yes No N/a
Volunteer
help		 The value of any voluntary
help received is not included
rn the accounts but is descdibed
in the trustees'
annual
reporL
0 a
Income from interest, This is included
in the accounts when mceipt is probable
and the amount
receivable		 can
royalties and dividends be measured
reliably.
Income from membership Membership
subscriptions
received
in the nature ofa gdt are recognised
in Donations		 es No N/a
subscrlptlons and Legacies.
Membership
subscriptions
which gives a member the right to buy services or other		 es o N/a
benefits are recognised as income earned from the provision
ofgoods and services		 as
income from charitable
activities.
Settlement ofinsurance
claims		 Insurance
claims are only included
tn the SoFAwhen the general
income recognition
criteria are met (5.10to 5.12FRS102SORP) and are included as an item ofother
income
in the SoFA.		 es No N/a
Investment
gains and
losses		 This includes any realised or unrealised
gains or losses on the sale ofinvestments
and
any gain or loss resulting
from revaluing
investments
to market value at the end ofthe		 Yes No N/a
year
2.3EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised where
it is more likely than not that there isa legal or		 Yes No N/a
constructive
obligation
committing
the charity to pay out resources and the amount		 ofthe
obligation can be measured
with reasonable
certainty.
&
Governance
and support
costs		 Support costs have been allocated between governance
costs and other supporL
Governance
costs comprise
all costs involving
public accountability
ofthe charity and its
compliance
with regulation
and good practice.		 o a
Support costs include central functions
and have bean allocated to activity cost		 Yes No N/a
categories
on a basis consistent
with the use ofresources, eg allocating
property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Grants with performance
conditions		 Where the charity gives a grant with conditions
for its payment
being a specific level of
service or output to be provided,
such grants are only recognised
in the SoFA once the
recipient ofthe grant has provided
the specified service or output.		 es o a
Grants payable without
performance
conditions		 Where there are no conditions
attaching
to the grant that enables the donor charity
realistically
avoid the commitment,
a liability for the full funding
obligation
must be
recognised.		 to Yes No N/a
v'
Redundancy
cost		 The charity made no redundancy
payments
during the reporting
period.		 Yes No N/a
Deferred income No material
item ofdeferred
income has been included
in the accounts.		 Yes No N/a
v'
es No N/a
Creditom The charity has creditors which are measured
at settlement
amounts less any trade
discounts
Provisions for liabilities A liability is measured
on recognition
at its historical cost snd then subsequently
measured
at the best estimate ofthe amount
required to settle the obligation
at the		 Yes No N/a
reporting
date
Basicfinancial
instruments		 The charity accounts for basic financial
instruments
on initial recognition as per
paragraph
10.7FRS102SORP. Subsequent
measurement
is as per paragraphs
11.17
to 11.19,FRS102SORP.		 Yes No
v'		 N/a
2.4ASSETS
Tangible fixed assets for These are capitalised
ifthey can be used for more than one year, and cost at least
use by charity They are valued at cost. Yes No N/a
The depreciation
rates and methods
used are disclosed
in nots 9.2.
Intangible
fixed assets		 The charity has intangible
fixed assets, that is, non-monetary
assets that do nol have		 Yes No N/a
physical substance
but are identifiable
and are controlled
by the charity through
custody
or legal rights.
The amorlisation
rates and methods
used are disdosed
in note 9.5
o /a
They am valued at cost.
Heritage assets The charity has heritage assets, that is, non-monetary
assets with histonc, artistic,		 No N/a
scientific, technological,
geophysical
or environmental
qualities that are held
and
maintained
principally
for their contribution
to knowledge
and culture.
The depreciation
rates and methods
used as disclosed
in note 9.6.1xk
Yes No N/a
They are valued at cost.
Investments Fixed asset investments
in quoted shares, traded bonds and similar investments
are
valued at initially at cost and subsequently
at fair value (their market value) at the year		 Yes No N/a
end. The same treatment
is applied to unlisted
investments
unless fair value cannot		 be
measured
reliably
in which case it is measured
at cost less impairment.
Investments
hekl for resale or pending
their sale and cash and cash equivalents
with		 a Yes No N/a
maturity
date ofless than
1 year are treated as current asset investments
Stocks and work in Stocks held for sale as part ofnon-charitable
trade are measured
at the lower or cost or		 net Yes No N/a
progmss realisable
value.
Goods or services provided
as part ofa charitable
activity are measured
at net realisable		 value No N/a
based on the service potential
provided
by items ofstock.		 v'
Yes No N/a
Work in progress is valued at cost less any foreseeable
loss that is likely to occur on the		 contract.
Debtors (including
trade debtors and loans receivable) are measured
on initial recognition
at		 Yee No N/a
settlement
amount
aRer any trade discounts or amount advanced
by the charity.
Subsequently,
they are measured
at the cash or other consideration
expected to be received.
Current asset The charity has has investments
which
it holds for resale or pending
their sale and cash and cash
equivalents
with a maturity
date less than one year. These include cash on deposit and cash		 Yes No N/a
investments equivalents
with a maturity
date ofless than one year held for investment
purposes		 rather than to
meet short term cash commitments
as they fall due.
Yes No N/a
They are valued at fair value except where they qualify as basic financial
instruments.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE

Note 3 Analysis Analysis Analysis Analysis ofincome ofincome ofincome ofincome ofincome
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Anal sis K 6
Donations Donations and ifts 282,405 282 405 244,676
and legacies: Gilt Aid 51,871 51,871 41,407
Le acies
General grants provided by government/other
charities 2 500
Membership subscriptions and sponsorships
which are in substance donations
Donated cods, facilities and services
Other 14,866 14,866
Total 349,142 349,142 288,583
Charitable Event income
activities:
Sales of ublications
Other
Total
Other trading
activities:
Other
Total
Income from Interest income
investments: Dividend income
Rental and leasin income
Other
Total
Separate Buildi fund 24,910 24,910 8,970
material item Insurance claim 32,283
ofincome:
Total 24,910 24910 41,253
Other: Conversion ofendowment funds into income
Gain on
for charit		 disposal
's own		 ofa tangible
use		 fixed asset held
Gain on disposal ofa programme related
investment
Royalties from the exploitation of intellectual
ro e ri hts
Other
Total
TOTAL INCOME 349142 24910 374052 329 836

Section C Notes to the acc Notes to the acc Notes to the acc Notes to the acc ounts (cont)
Note 6 Analysis ofexpenditure
Restricted
unrestricted income Endowment
funds funds funds Total funds Prior veer
Anal sis
Expenditure on Incurred
seeking donations
raising funds: Incurred
seeking legacies
Incurred
seeking grants
Operating
membership		 schemes and
social lotteries
Staging fundraising
events
Fudraising
agents
Operating
chadity shops
Operating a trading company
undertaking
non-charitable		 trading
activ'
Advertising,
marketing,		 direct mail and
ublici 2778 2 778 2228
Start up costs incurred in generating
new source offuture income
Database development costs
Other trading
activities
Investment
management		 costs:
Porlfolio mana
ament costs
Cost ofobtaining
investment		 advice
Investment
administration		 costs
Intellectual
property
licencing		 costs
Rent collection, properly repairs and
maintenance
charges
Total expenditure
on		 raising funds 2,778 2,778 2,228
Expenditure on Ministry services 122,970 122,970 114,700
charitable
activities		 Gifts and donations 12,093 12,093 13,457
Pastoral care 21 119 21 119 20384
Outreaches 50,222 50,222 47,533
Rent 4818 4,818 4,235
Telephone
and comms
Postages
Event costs
Other
Total expenditure
on
activities		 charitable 211,222 211,222 200,309
Separate material
Item ofexpense
Total
Other
Su ort costs 144,035 34,398 178,433 198,303
Mana ament and administration 4,364 4,364 5,819
Total other expenditure 148,399 34,398 182,797 204,122
TOTAL EXPENDITURE 362,399 34,398 396,797 406,659

Activity or
programme		 Activities undertaken directly Grant
funding of
activiues		 Support
Costs		 Total this
year		 Total
prioryear
Activity
1		 Runnin ofa ccmmuni church 170,990 170,990 198,303
Total 170990 170,990 198303

Section C N N otes to t he acc ounts
Note 9 Support Costs
Please complete this noteif the charity has analysedits expenses using activity
categories and has support costs.
Basis of
Raising funds Activity 1 Activity 2 Activity 3 Grand total allocation
esc
Su
ort cost		 method)
Building maintenance 34,398 34,398
and repairs
Utilities and insurance 36,707 36,707
Telephone
and comms		 1,046
Printing,
postage and		 2,725 2,725
stationery
Depreciation 25,147 25,147
Other 78,410 78,410
178,433 178,433
Total
Please provide details ofthe accounting policy
adopted for the apportionment ofcosts between
activities and any estimation techniques used to
calculate their apportionment.

was paid please ent
er lg' in the appropriate
box(es).
This year Last year
F.
Independent
examineVs fees
1710 1710
Assurance services other than audit or independent examination
Tax advisory fees
Other fees (forexample: financial advice, consultancy, accountancy services) paid
to the independent examiner

Freehold land Other land & Plant, Fixtures, Total
&buildings buildings machinery and fittings and
motor vehicles equipment
At the beginning of 711,300 349,994 1,061,294
the year
Additions
Charity transfer
Revaluations
Disposals
Transfers
At end ofthe year 711,300 349,994 1,061,294
14.2Depreciation and impairments
**Basis SL SLor RB SLor RB SLor RB SLor RB Straight Line
("SL")or
Reducing
Balance
("RB")
Rate 25% RB
At beginning of the 159,402 306,310 465,712
year
Disposals
Charity transfer
Depreciation 14,226 10,921 25,147
Impairment
Transfers
At end ofthe year 173,628 317.231 490,859
14.3Net book value
Net book value at the 551,898 43,684 595,582
beginning of the year
Net book value at the 537,672 32,763 570,435
end ofthe year

Please provide a description ofthe events and
circumstances
that led to the recognition or
reversal ofan impairment
loss.
14.5 Revaluation
Ifan accounting policy ofrevaluation is adopted, please rovld:
the effective date ofthe revaluation
the name ofindependent
valuer, ifapplicable
the methods applied and significant
assumptions
the carrying amount that would have been
recognised had the assets been carried under the
cost model.
14.6 Other disclosures
(i) Please state the amount ofborrowing costs,
ifany, caprtalisedin
the construction
oftangible
fixed assets and the capitalisation
rate used.
(ii) Please provide the amount ofcontractual
commitments
forthe acquisition
oftangible fixed
assets.
(iii)
Details ofthe existence and carrying
amounts
ofproperty,
plant and equipment
to
which the charity has restricted title orthat are
pledged as security for liabilities.

This year Lastyear
12,400 12,400
12,400 12,400
Trade debtors
Prepayments and accrued income
Other debtors

This year Lastyear
Total

20.1Analysis ofcre ditors
Amounts falling due Amounts falling due after
within one year more than one year
This year Last year This year
f		 Lastyear
Accruals for grants payable
Bank loans and overdrafts 5,064 6,744 193,184 306,174
Trade creditors
Payments
received		 on account for contracts or
performance-related grants
Accruals and deferred income
Taxation and social security
Other creditors 437,196 310,000
Total 442,260 316,744 193,184 306,174

Note 24
Cash		 at bank and in hand
This year Last year
6
Short term cash Investments (less than 3months maturity date)
Short term deposits
Cash at bank and on hand 96,733 81,805
Other
Total 96,733 81,805
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interest, including
where funds have been held as agent I'or re
'true' in the boxpmvided.		 lated paNes. Ifthere are n lated paNes. Ifthere are n o such transactions, please enter please enter
There have been no related parly transactions
in the mporting		 period (True orFalse) TRUE
Amounts
Name ofthe trustee
or related party
Relationship
to charity
Description ofthe
transaction(s)		 Amount Balance at
period end		 Provision for bad
at period end		 debts written off
during
reporting
shod
In relation to the transactions
above, please pmvide
the
terms and conditions, including
any secunty and the nature
ofany payment (consideradon)
tobe pmvided
in settlement
Forany related party, please pmvide details ofany
guarantees
given orreceived.