## # ## |||Page| |---|---|---| |Trustees' report||1-6| |Statement oftrustees'|responsibilities|| |Independent
auditor's|report|6-10| |Statement offinancial|activities|| |Balance sheet||12| |Statement ofcash flows||13| |Notes to the financial|statements|14-27| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Charity number|Charity number||1183216|||| |---|---|---|---|---|---|---| |Governing|document||CIO - Association||registered|1 May 2019| |Trustees|||Mr DWood|||| ||||MrJW Wright|||| ||||Mr P BMarshall|||| |Key management||personnel|David Edwards|- Lead Pastor||| ||||Faye Edwards -Associate Lead Pastor and Jesus Cares|||| ||||Project Coordinator|||| |Principal|office||Kings Church Administrative|||Oflice| ||||71 Lower Dock|Street||| ||||Newport|||| ||||NP20 1EH|||| |Bankers|||Barciays Bank PLC|||| ||||14Commercial|Street||| ||||Newport|||| ||||NP20 1HE|||| |Auditors|||Azets Audit Services|||| ||||Ty Derw|||| ||||Lime Tree Court|||| ||||Cardiff Gate Business Park|||| ||||Cardpd|||| ||||CF23 8AB|||| |Solicitors|||Harding
Evans|||| ||||Queens Chambers|||| ||||2 North Street|||| ||||Newport|||| ||||NP20 1TE|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---| ||||funds|funds||funds|funds|| |||Notes|2022
6|2022
9|2022
6|2021
6|2021f|2021
6| |Donations
and|legacies||217,773||217,773|217,755||217,755| |Charitable
activities|||6,348|341,184|347,532|494|185,455|185,949| |Investments|||493||493|580||580| |Other income|||17,533||17,533|||| |Total income|||242,147|341,184|583,331|218,829|185,455|404,284| |EzagtttIIIttteSttV.||||||||| |Charitable
acdvities|||196,395|162,945|359,340|173,075|166,093|339,168| |Net incoming|resources|||||||| |before transfers|||45,752|178,239|223,991|45,754|19,362|65,116| |Gross transfers||between||||||| |funds|||31,750|(31,750)||30,000|(30,000)|| |Net income for||the year/||||||| |Net movement||in funds|77,502|146,489|223,991|75,754|(10,638)|65,116| |Fund balances|at1 January|||||||| |2022|||1,053,301|263,732|1,317,033|977,547|274,370|1,251,917| |Fund balances||at 31||||||| |December 2022|||1,130,803|410,221|1,541,024|1,053,301|263,732|1,317,033| ## ## ## ||||||Notes|2022
f||2021
f|| |---|---|---|---|---|---|---|---|---|---| |Fixed assets|||||||||| |Tangible assets|||||||999,710||1,015,328| |Current assets|||||||||| |Debtors|||||12|15,022||16,006|| |Cash st bank and|in|hand||||536,931||543,020|| |||||||551,953||559,026|| |Creditors: amounts||falling||due within|||||| |one year|||||13|(10,639)||(40,276)|| |Nei current assets|||||||541,314||518,750| |Total assets less|current||liabilities||||1,541,024||1,534,078| |Creditors: amounts||falling||due alter|||||| |more than one year|||||||||(217,045)| |Net assets|||||||1,541,024||1,317,033| |Income funds|||||||||| |Restricted funds
~nattrit~na|||||||410,221||263,732| |Designated
funds||||||1,029,035||952,581|| |General unrestricted||funds||||101,768||100,720|| ||||||||1,130,803||1,053,301| ||||||||1,541,024||1,317,033| ## ## ## |||||2022||2921|| |---|---|---|---|---|---|---|---| ||||Notes|6|||| |Cash flows from operating|activities||||||| |Cash generated
from operations|||22||235,764||124,249| |Investing
activities|||||||| |Purchase oftangible
fixed assets||||(19,595)||(8,729)|| |Proceeds on disposal oftangible||fixed assets||20,100|||| |Investment
income received||||493||580|| |Net cash generated
from/(used||In)|||||| |investing
activities|||||998||(8,149)| |Financing
activities|||||||| |Repayment
ofbank loans||||(242,851)||(25,784)|| |Net cash used in financing|activities||||(242,851)||(25,784)| |Net (decrease)/increase
in|cash|and|cash||||| |equivalents|||||(6,089)||90,316| |Cash and cash equivalents|at beginning||ofyear||543,020||452,704| |Cash and cash equivalents|at end ofyear||||536,931||543,020| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |4|Charitable|activities|||| |---|---|---|---|---|---| |||||2022|2021| ||||||8| ||Grants|||341,184|185,455| ||Events|||6,348|494| |||||347,532|185,949| ||Analysis by|fund|||| ||Unrestricted|funds||6,348|494| ||Restricted funds|||341,184|185,455| |||||347,532|185,949| ||Grants||||| ||Coronavirus|Job Retention|Scheme||25,176| ||Big Lottery|Fund||141,184|160,279| ||Moondance|||200,000|| |||||341,184|185,455| |5|Investments||||| |||||Unrestricted|Unrestricted| |||||funds|funds| |||||2022|2021| |||||8|6| ||interest receivable|||493|580| |6|Other income||||| |||||Unrestricted|Total| |||||funds|| |||||2022|2021| |||||6|| ||Net gain on|disposal oftangible fixed assets||17,533|| ## ## ## |||||||||2022f|2021f| |---|---|---|---|---|---|---|---|---|---| |Staff costs||||||||122,213|120,749| |Depreciation|and impairment|||||||32,645|33,460| |Jesus Cares|Project|||||||62,520|57,555| |Mission donations||||||||1,800|5,400| |Event costs||||||||23,313|21,994| |Premises costs||||||||62,408|46,257| |Administration|costs|||||||7,139|7,350| |||||||||312,038|292,765| |Share ofsupport costs (see|||note 8)|||||41,434|40,169| |Share ofgovernance||costs|(see note|8)||||5,868|6,234| |||||||||359,340|339,168| |Analysis
by|fund||||||||| |Unrestricted|funds|||||||196,395|173,075| |Restricted funds||||||||162,945|166,093| |||||||||359,340|339,168| |Support costs|||||||||| ||||Support||Governance|2022Support|costs|Governance|2021| ||||costs
f||costs
f|f|f|costsf|| |Staffcosts|||30,553|||30,553|30,187||30,187| |Bank & loan|interest||10,317|||10,317|9,246||9,246| |Bank charges||||||564|736||736| |Audit fees|||||5,868|5,868||6,234|6,234| ||||41,434||5,868|47,302|40,169|6,234|46,403| |Analysed
between|||||||||| |Charitable
activities|||41,434||5,868|47,302|40,169|6,234|46,403| ## ## ## ## ## ||2022|2021| |---|---|---| ||Number|Number| |Employment
costs|2022|2021| |||8| |Wages and salariies|133,900|133,816| |Social security costs|7,859|11,644| |Other pension costs|11,007|5,476| ||152,766|150,936| ## ## ## ## ## ## |Tangible fitted assets|||||| |---|---|---|---|---|---| |||Fraahold land|Fixtures and Motor vahlolaa||Total| |||and buildings|atanga||| |||6|6|6|| |Cost orvaluation|||||| |At 1 January 2022||1,043,136|25,044|12,724|1,080,904| |Additions||||19,595|19,595| |Diaposals||||(12,724)|(12,724)| |At 31 December 2022||1,043,136|25,044|19,595|1,087,775| |Depreciation
and impairment|||||| |At 1January 2022||48,535|9,005|8,036|65,577| |Depreciation
charged|in the year|24,395|4,905|3,345|32,645| |Eliminated
in respect ofdisposals||||(10,157)|(10,157)| |At 31 December 2022||72,931|13,910|1,224|88,065| |Carrying
amount|||||| |At 31 December 2022||970,205|11,134|18,371|999,710| |At 31 December 2021||994,600|16,040|4,688|1,015,328| ## ## |12|Debtors||||||| |---|---|---|---|---|---|---|---| |||||||2022|2021| ||Amounts|falling due||within one year:||6|| ||Other debtors|||||8,860|9,845| ||Prepayments||and accrued income|||6,162|6,161| |||||||15,022|16,006| |13|Creditors:|amounts||falling due within one year|||| ||||||Notes|2022
6|2021f| ||Bankloans||||15||25,806| ||Trade creditors|||||539|2,873| ||Accruals and||defened|incoine||'l0,100|'l1,597| |||||||10,639|40,276| |14|Creditors:|amounts
falling due after more than one year|||||| |||||||2022|2021| ||||||Notes|6|6| ||Bankloans||||15||217,045| |15|Loans and|overdrafts|||||| |||||||2022|2021| |||||||0|| ||Bank loans||||||242,851| ||Payable within||one year||||25,806| ||Payable after||one year||||217,045| |16|Retirement|benefit schemes|||||| ## ## |||||NS
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C2| ## ## ## ||Balance at|Resources|Transfers|Balance at|Resources|Transfers|Balance at| |---|---|---|---|---|---|---|---| ||1January 2021|expended||1January 2022|expended||21 December| ||||||||2S22| |||||||6|6| |Fixed asset|||||||| |fund|807,820|(23,968)|8,729|792,581|(23,546)||769,035| |Project fund|||100,000|100,000|||100,000| |Facilities fund|||60,000|60,000||100,000|160,000| ||807,820|(23,968)|168,729|952,581|(23,546)|100,000|1,029,035| |Di
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C|o3||| ## ## ## ## |21|Donated g|oods for distribution|oods for distribution|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||The
charity|receives
donated||food|and|goods|from|vadous|sources|all of|which|are
distributed||to
its| ||beneficiaries|fora nil consideration.||||||||||||| |22|Cash generated
from operations|||||||||||2022||2021| |||||||||||||6||6| ||Surplus for the year||||||||||223,991|||65,116| ||Adjustments|for:||||||||||||| ||Investment|income recognised
in statement||||offinancial||activities||||(493)||(580)| ||Gain on disposal oftangible||fixed assets||||||||(17,533)|||| ||Depreciation|and impairment|oftangible fixed assets|||||||||32,643||33,460| ||Movements|in working
capital:||||||||||||| ||Decrease
in|debtors||||||||||987||20,499| ||(Decrease)/increase
in creditors|||||||||||(3,831)||5,754| ||Cash generated
from operations||||||||||235,764||124,249|| |23|Analysis ofchanges
in net||funds|||||||||||| ||||||||||At 1January||Cash flows||At 31December|| |||||||||||2022||||2022| |||||||||||8||5||8| ||Cash at bank and in hand||||||||543,020|||(6,089)|536,931|| ||Loans falling|due within one|year||||||(25,806)|||25,806||| ||Loans faging|due after more|than|one|year||||(217,045)||217,045|||| ||||||||||300,169||236,762||536,931||