| Page | ||
|---|---|---|
| Trustees' report |
1-3 | |
| Statement ofTrustees' | responsibiliTies | |
| Independent examiner's report |
||
| Statement offinancial | activiTies | |
| Statement offinancial | position | |
| Notes to the financial | statements | 8-14 |
| Unrestricted Unrestricted |
Unrestricted Unrestricted |
||
|---|---|---|---|
| funds | funds | ||
| Notes | 2022 f |
2021 | |
| Income from: | |||
| Donations and legacies | 3 | 439,423 | 363,402 |
| Charitable activities |
4 | 18,698 | 7,060 |
| Investments | 5 | 640 | 41 |
| Total income | 458 761 | 370 503 | |
| ~Ed tb | |||
| Charitable activities |
340,373 | 290,006 | |
| Other | 10 | 2,198 | |
| Total expen diture | 340,373 | 292,204 | |
| Net income forthe year/ | |||
| Net movement in funds |
118,388 | 78,299 | |
| Fund balances at 1 January 2022 | 180,730 | 102,431 | |
| Fund balances at 31 December 2022 | 299,118 | 180,730 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | 6 | 6 | ||||
| Fixed assets | ||||||
| Property, | plant and equipment | 12 | 18,578 | 24,200 | ||
| Current | assets | |||||
| Trade and other receivables | 13 | 20,208 | 49,803 | |||
| Cash at | bank and in hand | 363,080 | 297,678 | |||
| 383,288 | 347,481 | |||||
| Current | liabilities | 14 | (102,748) | (190,951) | ||
| Net current assets | 280,540 | 156,530 | ||||
| Total assets less current liabilities | 299,118 | 180,730 | ||||
| Income | funds | |||||
| Unrestricted funds |
299,118 | 180,730 | ||||
| 299,118 | 180,730 |
| 3 | Donations | and legacies | |||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| 2022f | 2021 5 |
||||
| Donations | and gifts | 439,423 | 363,402 | ||
| Donations | and gifts | ||||
| Donations | and Gifts | 204,916 | 186,603 | ||
| GIRAid recovered | 61,451 | 54,598 | |||
| Special Offerings | 173,056 | 122,201 | |||
| 439,423 | 363,402 | ||||
| 4 | Charitable | activities | |||
| 2022f | 2021 5 |
||||
| Greenhouse | fees | 7,333 | 7,060 | ||
| Special event income | 11,365 | ||||
| 18,698 | 7.060 | ||||
| 5 | Investments | ||||
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| 2022 | 2021 | ||||
| 5 | |||||
| Interest receivable | 640 | 41 |
| 2022 6 |
2021f | |||
|---|---|---|---|---|
| Staff costs | 43,316 | 31,286 | ||
| Depreciation and impairment |
14,968 | 15,632 | ||
| Church running expenses |
7,991 | 2,948 | ||
| Postage, printing and |
stations | 1,503 | 220 | |
| Travel, subsistence and acco |
mmodation | 1,851 | 4,370 | |
| Small equipment and |
repairs | 2,049 | 3,129 | |
| Licences and subscriptions | 949 | 830 | ||
| Vehicle maintenance | 163 | |||
| IT maintenance and general |
1,042 | 453 | ||
| Auditorium hire |
36,392 | 9,480 | ||
| Pastor's manse costs | 29,120 | 28,080 | ||
| Sunday service costs | 13,289 | 2,520 | ||
| Creative programmes | 8,172 | 1,597 | ||
| Guest ministry | 1,340 | |||
| MO mission support | 101,509 | 71,757 | ||
| Greenhouse expenses |
3,508 | 2,922 | ||
| Staff training and expenses |
11 | 253 | ||
| Leadership conference |
191 | 20 | ||
| Vehide rental | 10,314 | |||
| Special events | 12,651 | |||
| 290,166 | 175,660 | |||
| Share of support costs (see note 7) | 45,910 | 111,382 | ||
| Share ofgovernance | costs (see note 7) | 4,297 | 2,964 | |
| 340,373 | 290,006 |
| Support costs | ||||||
|---|---|---|---|---|---|---|
| Support | Governance | 2022 | Support | Governance | 2021 | |
| costs | costs | costs | costs | |||
| 6 | 6 | 6 | 6 | |||
| Insurance | 2,250 | 2,250 | 2,011 | 2,011 | ||
| Gain/ loss on foreign exchange |
(25) | (25) | 15 | 15 | ||
| Rent | 9,806 | 9,806 | 6,149 | 6,149 | ||
| Hub maintenance | 277 | 277 | 32,627 | 32,627 | ||
| Kingdomcity Global dues |
24,898 | 24,898 | 22,829 | 22,829 | ||
| Administration support |
7,200 | 7,200 | 7,200 | 7,200 | ||
| Bank charges | 795 | 795 | 318 | 318 | ||
| Online giving fees |
533 | 533 | 691 | 691 | ||
| Head office rental | 176 | 176 | 39,542 | 39,542 | ||
| Legal and professional | 2,137 | 2,137 | 924 | 924 | ||
| Accountancy and independent examination |
2,160 | 2,160 | 2,040 | 2,040 | ||
| 45,910 | 4,297 | 50,207 | 111,382 | 2,964 | 114,346 | |
| ~alyse~gn Charitable activities |
45,910 | 4,297 | 50,207 | 111,382 | 2,964 | 114,346 |
| 9 | Employees | (Continued) | ||
|---|---|---|---|---|
| Employment | costs | 2022 6 |
2021f | |
| Wages and | salaries | 42,054 | 30,375 | |
| Other pension costs | 1,262 | 911 | ||
| 43,316 | 31,286 |
| Total | Unrestricted | |||||||
|---|---|---|---|---|---|---|---|---|
| funds | ||||||||
| 2022 | 2021 | |||||||
| 6 | E | |||||||
| Net | loss | on | disposal | oftangible | fixed | assets | 2,198 |
| Property, plant and e |
quipment | |||||
|---|---|---|---|---|---|---|
| Leasehold | AV | Service | IT | Total | ||
| improvements 6 |
equipment 6 |
equipment 8 |
equipment f |
|||
| Cost | ||||||
| At 1 January 2022 Additions |
14,767 | 10,399 4,342 |
36,807 1,948 |
4,179 3,056 |
66,152 9,346 |
|
| At 31 December 2022 | 14,767 | 14,741 | 38,755 | 7,235 | 75,498 | |
| Depreciation and impairment |
||||||
| At 1 January 2022 Depredation charged |
in the year | 7,705 3,692 |
7,719 2,470 |
22,349 7,966 |
4,179 840 |
41,952 14,968 |
| At 31 December 2022 | 11,397 | 10,189 | 30,315 | 5,019 | 56,920 | |
| Carrying amount At 31 December 2022 |
3,370 | 4,552 | 8,440 | 2,216 | 18,578 | |
| At 31 December 2021 | 7,062 | 2,680 | 14,458 | 24,200 |
| 13 | Trade and other receivables | Trade and other receivables | Trade and other receivables | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Amounts falling due |
within one year: | 5 | |||
| Trade receivables | 1,075 | ||||
| Rent deposit | 3,228 | 3,200 | |||
| Prepayments | and accrued income | 15,905 | 46,603 | ||
| 20,208 | 49,803 | ||||
| 14 | Current liabilities | ||||
| 2022 | 2021 | ||||
| 5 | |||||
| Other taxation | and social security | 588 | 447 | ||
| Other payables | 97,848 | 186,664 | |||
| Accruals and | deferred | income | 4,312 | 3,840 | |
| 102,748 | 190,951 |