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2023-08-31-accounts

31.8.23 31.8.22
Unrestricted Restricted Total Total
funds funds funds funds
Notes f. F
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 2 832,524 187,952 1,020,476 915,474
Other trading
activities		 2,964
Investment
income		 2,791 2,791 1,241
Other income 725 725
Total 836,040 187,952 1,023,992 919,679
EXPENDITURE ON
Charitable
activities
Outreach
and youth		 work 112,998 28,264 141,262 95,452
Pastoral and church activities 767,028 85,960 852,988 883,719
Overseas
missions		 44,633 44,633 153,059
Social action 19,809 1,422 21,231 20,770
Total 944,468 115,646 1,060,114 1,153,000
NET INCOME/(EXPENDITURE) (108,428) 72,306 (36,122) (233,321)
RECONCILIATION OF FUNDS
Total funds brought forward 1,754,721 86,109 1,840,830 2,074,151
TOTAL FUNDS CARRIED FORWARD 1,646,293 158,415 1,804,708 1,840,830

31.8.23 31.8.22
Unrestricted Restricted Total Total
funds funds funds funds
Notes F F F F
FIXEDASSETS
Tangible assets 12 1,373,214 1,373,214 1,435,964
CURRENT ASSETS
Debtors 12,216 6,000 18,216 12,447
Cash at bank 305,518 162,415 467,933 434,693
317,734 168,415 486,149 447, 'I 40
CREDITORS
Amounts
falling due within one year		 14 (44,655) (10,000) (54,655) (42,274)
NET CURRENT ASSETS 273,079 158,415 431,494 404,866
TOTAL ASSETS LESSCURRENT
LIABILITIES 1,646,293 158,415 1,804,708 1,840,830
NET ASSETS 1,646,293 158,415 1,804,708 1,840,830
FUNDS 15
Unrestricted
funds		 1,646,293 1,754,721
Restricted funds 158,415 86,109
TOTAL FUNDS 1,804,708 1,840,830

31.8.23 31.8,22
Notes
Cash flows from operating activities
Cash generated
from operations		 1 41,619 (55,489)
Net cash provided by/(used in) operating activities 41,619 (55,489)
Cash flows from investing activities
Purchase
oftangible
fixed assets		 (12,465) (66,442)
Sale oftangible
fixed assets		 1,295
Interest received 2,791 1,241
Net cash used
in		 investing
activities		 (8,379) (65,201)
Change
in cash		 and cash equivalents
in the reporting period 33,240 (120,690)
Cash and cash equivalents at the
beginning
ofthe		 reporting period 434,693 555,383
Cash and cash equivalents at the end
ofthe reporting period 467,933 434,693

RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OF NET EXPENDITURE TO NET CASH FLOW FROM OF NET EXPENDITURE TO NET CASH FLOW FROM OF NET EXPENDITURE TO NET CASH FLOW FROM OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
ACTIVITIES
31.8.23 31.8.22
Net expenditure
for		 the reporting period (as per the Statement
ofFinancial Activities) (36,122) (233,321)
Adjustments
for:
Depreciation
charges		 74,645 80,096
Profit on disposal of fixed assets (725)
Interest received (2,791) (1,241)
Movement
ofcurrent		 asset investments 85,075
(Increase)/decrease in debtors (5,769) 18,804
Increase/(decrease) in creditors 12,381 (4,902)
Net cash provided by/(used in) operations 41,619 (55,489)
ANALYSIS OF CHANGES IN NET FUNDS
At 1.9.22 Cash flow At 31.8.23
E E
Net cash
Cash at bank 434,693 33,240 467,933
434,693 33,240 467,933
Total 434,693 33,240 467,933

31.8.23 31.8.22
E F
Gifts 188,971 165,294
Donations 118,357 69,781
Gift aided donations 700,988 673,909
Grants 12,160 6,490
1,020,476 915,474
Grants received, included in the above, are as follows:
31.8.23 31.8.22
E
Bucks Council grant 12,160 1,490
Rectory Foundation 5,000
12,160 6,490

OTHER TRADING ACTIVITIES
31.8.23 31.8.22
E
Letting 2,964
INVESTMENT INCOME
31.8.23 31.8.22
E
Interest receivable 2,791 1,241

Grant
funding of
activities Support
Direct (see note costs (see
Costs 6) note 7) Totals
E E E
Outreach and youth work 110,439 30,823 141,262
Pastoral and church activities 588,341 28,446 236,201 852,988
Overseas missions 4,550 40,083 44,633
Social action 16,189 5,042 21,231
719,519 104,394 236,201 1,060,114
6. GRANTS PAYABLE
31.8.23 31.8.22
E E
Outreach and youth work 30,823 27,464
Pastoral and church activities 28,446 38,912
Overseas missions 40,083 152,843
Social action 5,042
104,394 219,219
The total grants paid to institutions during the year was as follows: 31.8.23 31.8.22
Wycombe Youth for Christ 3,600 3,600
Lighthouse 1,000 1,000
Christians Against Poverty 9,000 9,000
Evangelical Alliance 700 700
Other 4,320
Nepal 16,025 126,978
One Can Trust 768
Catalyst Central 4,800 4,800
KA Apost Resonate 7,200 7,200
Azalea 19,264 21,923
One life 1,650
64,007 179,521

GRANTS PAYABLE - continued
The total grants
paid		 to individuals during the year was as follows: 31.8.23 31.8.22
F F
Grants to individuals 40,387 39,698
SUPPORT COSTS
Governance
Staff Finance costs Totals
F E E F
Pastoral and church activities 223,654 1,327 11,220 236,201
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.8.23 31.8.22
E
Depreciation
- owned		 assets 74,645 80,096
Surplus
on disposal		 offixed assets (725)

31.8.23 31.8.22
E
Wages and salaries 527,390 441,302
Social security costs 39,703 34,663
Other pension costs 51,407 41,279
618,500 517,244
31.8.23 31.8.22
Operational and Pastoral 19 19

The number
260,000was:		 of em ploy ees
whose
em		 ployee
benefits
(excl		 uding
employ		 er
pension
cos		 ts)
exceede
31.8.23 31.8.22
F60,001 —F70,000 1
Transactions with key management personnel
2023 2022
E
Total compensation ofkey management personnel 238,814 179,864
12. TANGIBLE FIXEDASSETS
Fixtures
Freehold and
property fittings Totals
E E
COST
At 1 September 2022 1,565,626 468,106 2,033,732
Additions 12,465 12,465
Disposals (6,854) (6,854)
At 31August 2023 1,565,626 473,717 2,039,343
DEPRECIATION
At 1 September 2022 240,062 357,706 597,768
Charge for year 31,312 43,333 74,645
Eliminated
on		 disposal (6,284) (6,284)
At 31 August 2023 271,374 394,755 666,129
NET BOOK VALUE
At 31 August 2023 1,294,252 78,962 1,373,214
At 31 August 2022 1,325,564 110,400 1,435,964
13. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
E E
Trade debtors 7,119 422
Tax 11,097 12,025
18,216 12,447

CREDITORS: AMOU NT S
FALLI		 NG DUE WITHIN ONE YE AR
31.8.23 31.8.22
E
Trade creditors 9,998 9,071
Social security and other taxes 12,612 10,970
Other creditors 360 360
Accruals
and deferred		 income 31,685 21,873
54,655 42,274
MOVEMENT IN FUNDS
Net
movement At
At 1.9.22 in funds 31.8.23
F
Unrestricted funds
General
fund		 394,464 (42,423) 352,041
King's Centre 1,325,564 (31,312) 1,294,252
Vision 34,693 (34,693)
1,754,721 (108,428) 1,646,293
Restricted funds
Nepal fund 308 (308)
HW Debt relief 3,878 199 4,077
Hope fund 81,923 14,465 96,388
Vision fund 26,700 26,700
West End Hall 31,250 31,250
86,109 72,306 158,415
TOTAL FUNDS 1,840,830 (36,122) 1,804,708
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
E F
Unrestricted funds
General fund 836,040 (878,463) (42,423)
King's Centre (31,312) (31,312)
Vision (34,693) (34,693)
836,040 (944,468) (108,428)
Restricted funds
Nepal fund (308) (308)
HW Debt relief 37,890 (37,691) 199
Hope fund 65,746 (51,281) 14,465
Vision fund 53,066 (26,366) 26,700
West End Hall 31,250 31,250
187,952 (115,646) 72,306
TOTAL FUNDS 1,023,992 (1,060,114) (36,122)

Comparatives for moveme nt
in fun		 ds
Net Transfers
movement between At
At 1.9.21 in funds funds 31.8.22
F E E E
Unrestricted funds
General
fund		 435,522 (41,452) 394 394,464
King's Centre 1,356,876 (31,312) 1,325,564
Chosen
High		 Wycombe 84,279 (84,279)
Vision 57,378 (22,291) (394) 34,693
1,934,055 (179,334) 1,754,721
Restricted funds
Nepal fund 94,227 (93,919) 308
HW Debt relief 8,943 (5,065) 3,878
Hope fund 36,926 44,997 81,923
140,096 (53,987) 86,109
TOTAL FUNDS 2,074,151 (233,321) 1,840,830
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
F E E
Unrestricted funds
General fund 779,567 (821,019) (41,452)
King's Centre (31,312) (31,312)
Chosen
High		 Wycombe (84,279) (84,279)
Vision 7,653 (29,944) (22,291)
787,220 (966,554) (179,334)
Restricted funds
Nepal fund 29,715 (123,634) (93,919)
HW Debt relief 25,219 (30,284) (5,065)
Hope fund 77,525 (32,528) 44,997
132,459 (186,446) (53,987)
TOTAL FUNDS 919,679 (1,153,000) (233,321)