2023-03-31-accounts - Hope Church Merthyr

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anddetectionoffraudandoth	erirregularities.
PrincipalOffice Hope Chapel HighStreet	Signedbyrorderofthe trustees {t'--
Merthyr Tydfil	PaulGaskin
CF47 8UG	Chairman

	Note	Unrestricted Fundst	RestrictedTotalFundsTotalFunds Funds 2023 2022 €f,€	RestrictedTotalFundsTotalFunds Funds 2023 2022 €f,€	RestrictedTotalFundsTotalFunds Funds 2023 2022 €f,€
lncomefrom: Voluntary income	2	117,908	3,585	121,493	211,775
Activities forgenerdingfunds Grants	3 4	''o-to	- 81,281	1,080 E1,281	2,968 22,239
Other					3,906
Total income
Expenditure on: Charitable actMties	5	127,0y	49JU	176,188	96,674
Totalexpenditurc		ffi		-re;6-r4'
Netincome(expenditurc)	7	(8,046)	35,712	27,666	144,214
Transfersbetweenfunds	12
Netmovementinfunds		(8,046)	35,712	27,666	'144,214
Totalfun&atstartofyear		205,1S5	(6,527)	198,638	54,424
Totalfundsatendofyear	12

		2023	2022
	Note	f,	f,
Fixed assets
Tangible assets	8	168,356	149,042
Curentaesets
Debtors	I	1,593	1,951
Cashat bank		102,537	95,697
		104,130	97,648
Creditors: Amounb fallingdue
withinoneyear	{0	(7,170)	(1,048)
Netcurrentassets		rc
Total assets less CurrentLiabilhis		265,316	-.6-0'0- 245,U2
Non-CurrentLiabilities
Creditors amounts fallingdue afrermorethanone	,11	(39,012)	(47,004)
Netassets
FUNDS Restrictedfunds	12	-3tr 29,'185	-TSEE$- (6,s27)
Designatedfunds	12	174,794	170,739
Unrestrictedfunds	12	22,325 @	34,427 .-TgEFr

Voluntary income
	Unrestricted Funds €	RestrictedTotalFundsTotal Funds Funds 2023 2022 €Et
General Donations&Offerings	,	rr,n:t	3,5E5	121,493
Transfer fromHopeChurch Merthyr			-	1A4,922
ChallengeValleys
Total2023	117,908	3,585	121,493 ffi
Total2022	211,775		211,775	131,866

	Activities forGenerating lncome Rentallncome	Unretricted Funds E {,080	RetrictedTotal Funds gEi, -	RetrictedTotal Funds gEi, -	FundsTotal 2023 1,080	Funds 2022 2,968
	Totat2023			----7666--'G6-
	Total2O22	-;656- 2,968
4	Grants	Unrcstricted	Restricted	--9-6E-----].8-E- Total Funds Total Funds
		Funds	Fundsf		2A23 €	m22 e
	A465 Grant					1,435
	ASDA Screwfix		900 2,970		900 2,470	:'o
	MerthyrValleys Homes MTCBCFood PovertyGrant		:u'		:u'	5,390
	MTCBC HouseholdPovertyEmergency Grant MTCBCA^/AG		3,892		3,892	^:,
	MTCBC-FosYFran		21,A10		21,814
	MTCBC-Child DevelopmentFund		477		477
	MTCBCCostoflivingsupport		4,618		4,618
	FeedingBritain		1,254		'1,250
	MagicLittleGrant		500		500
	Arnold Clark Grant		2,500		2,500
	WesternPowerGrant		2,575		2,575
	CommunitylotteryGrant		26,000		,a,olo
	Postcode lottery					500
	VoluntaryActionMerthyrTydfil,		-			6,838
	VAMT-Winter Pressures Grant					3,134
	VAMT-Lonelinessand lsolation Grant		1,810		1,810
	VAMT-FoodProsperity		1,428		1,4:8
	VSEF
	WAGFood Poverty Grant					2,000
	WelshChurchAction Grant		10,000		10,000
	Total2023	-	81,281		81,281
	Total2022				22,239

CostofCharitableActivities
	Wages& Salariest	DirectTota! Funds costs 2A2g EE		Total Funds 2022 e
EupportofMissionaries&Organisations ChurchMinistries Operations&Administration Premises&Maintenance	21,667 :	14,175 27,487 19,867 30,569	14,',175 49,154 19,867 30,569	11,214 3'1,713 11,463 7,159
Employmentcosts	62,423	-	62,423	35,125
Total2023	re'o-T.Zf	'96-._T76188--;674-
Tolal2A22
Staffcostsand numberc
Wagesandsalaries		2023t 77,127	2022 c ru':"
EmployerNIC		4,700
Pensioncosts	re'rc 2,263

No employeereceived ernolumente ofmorethan t60,0	00(2A22:nanel
Netincome/(expenditure)
lssfafed affer charging:	2021 €	2022t
Independentexaminer's fee	150	100

	Tangible assets
		Freehold
		Landand	Fixtures &		Total
		Buildings		Fittings
	Cost	€		f,	E
	At1April2022	149,042			149,U2
	Additions			25,752	25,762
	At31March 2023	-@wm
	Depreciation
	At1April2022 Charge for theyear At31March 2023		-reT,fts- e,+ga e,lsg
	Netbook value
	At31l$arch2023	149,042		19,314	168,356
	At31March2022	149,U2		-	149,M2
	Ilebtors
				2023f	2022 c
	Otherdebtors			1,593	1,951
			re:_:E
10	Crcditors:Amountsfallingduewithinoneyear
				202?f	2022t
	Bank Mortgage			6,370
	Other creditorsandaccruals			800	1,U8
11	Creditors:Amountsfallingdueaftermorethanoneyear
				202?f	2422f
	Bank Mortgage			39,012	47,CI44

Movement infunds	At				At
	{Apr				3lMar
Cunentyear	2022	lncome et	Expenditure	Tmnsferst	2023
Restrictedfunds
A465 Grant	473		(473)
ASDA		g0o	(500)		+oo
Screwfix		2,870	(2,870)
MerthyrValleys Homes		651	(651)		0
MTCBCA^IAG		3,892	(3,e03)		(11)
MTCBC-FosYFran		21,810			21,810
MTCBC-Child DevelopmentFund		477	(477)
MTCBCCostoflivingsupport		4,618	(4,618)
FeedingBritain		1,250	(1,250)
MagicLiftleGrant		500	(500)
Arnold Clark Grant		2,500	(2,500)
WesternPowerGrant		2,575	(2,575)		:
CommunitylotteryGrant		26,000	(21,667')		4,333
VAMT - Loneliness and lsolation Grant		1,810	(1,810)
VAMT-FoodProsperi$ Pantry Fund		1,428 3,585	(1,428) (e32)		z,ais
WelshChurchAct Grant	(7,000)	10,000	(3,000)
	(6,527)			-	29,185
Unrestrictedfunds
Freereserves Fixedassetfunds(designated)	u,427 149,042	114,203	(126,305)	- 25,752	22,325 174,794
Building Fund(Designated)	21,696	4,785	(72e)	(25,752)
	205,165	118,988	(127,034)		197,119
Totalfunds	_TgmE____-_20_A3.g--176-IEBI			rc-

Movement infunds
	At				At
	1Apr				3{Mar
Pioryear	2021	lncome f,c	Expenditure	Transfers L	2022
Restrictedfunds
A465 Grant		1,435	(e62)
ASDA		900	(eoo)
MerthyrValleys Homes	2,229		12,22Ol
MTCBCFood PovertyGrant		5,390	(5,390)
MTCBC HouseholdPovertyEmergency		2,042	(2,0421
Postcode Lottery		500	(500)
VAMT- Winter Pressures Grant		3,'	-34	(3,134)
VoluntaryActionMerthyrTydfil	7T?	6,837	(7,564)
WAG FoodPovertyGrant		2,000	(2,000)
WelshChurchAct Grant			(7,000)		(z,ooo)
	2,9{I	wm--i6wi
Unrestrictedfunds
Free reserves	33,252	215,178	(64,961)	(149,0/;2)	34,427
Fixedassetfunds(designated)				149,042	149,042
BuildingFund (Designated)	18,225	3,471			21,696
	51,477	zra,oae---toa,gotl---ro-m'5-

Analysisofnet assets betweenfunds
	Tangible		Other	Total
Cunentyear	fixedassets	net	assets
			e	e
Restrictedfunds			29,185	29,185
Unrcstrictedfunds
Free reserves			22,325	22,325
Designatedfunds	m-@ru ::: 149,042		25,752	174,794
	Tangible fixedassets	net	Other assets	Total
			f	f,
Pioryear
Restrictedfunds			(6,527)	(6,527)
Unrestrictedfunds
Freereserves			u,427	34,427
Designatedfunds	149,442		21,696	170,738

Prioryearfundcomparativesforthe Sta	tementofFinancialActivities
	Unrstricted Funds	RestrictedTotalFundsTotal Funds Funds 2022 2O2l
	t€tg
lncomefrom:
Voluntary income	211,775		211,775	131,866
Activitiesforgeneratingfunds	2,968		2,968	1,875
Grants		22,239	22,239	17,U8
Other	3,906		3,906
Total income		--7$;EEg'-T5T365
Expenditure on:
Charitable actMties	64,961	31,713	96,674	103,439
Total expenditure	-_F.61-_re_672.
Netincome(expenditure)	153,688	(e,475)	144,213	49,150
Transfersbetweenfunds
Netmovement infunds	-----ffi;666	(9,475)	144,213
Totalfundsatstartof year Totalfundsat end of year	-;T56" 2,947 54,424 51,477 r-----t6-PI--rees-[t'-6.;T80.
	-dffi