| PAGE | |||||||
|---|---|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's | report) | ||||
| Independent examiner's report |
to the | trustees | |||||
| Statement offinancial | activities | (induding | income and expenditure | account) | |||
| Statement of financial | position | ||||||
| Notes to the financial | statements | ||||||
| The following pages |
do not | form | part | ofthe financial statements | |||
| Detailed statement of |
financial | adivities | 17 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Totalfunds | ||||
| Note | 6 | 6 | E | E | |||
| Income and endowments | |||||||
| Donations and legacies |
5 | 251,169 | 251,572 | 258,085 | |||
| Investment income |
6 | 380 | 380 | 628 | |||
| Total income | 251,549 | 403 | 251,952 | 258,713 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 7,8 | 232,977 | 232,977 | 214,087 | ||
| Total expenditure | 232,977 | 232,977 | 214,087 | ||||
| Net income | 18,572 | 18,975 | 44,626 | ||||
| Other recognised | gains | and losses | |||||
| Other gains/(losses) | user | defined 1 | (60,270) | (60,270) | |||
| Net movement in |
funds | 18,572 | (59,867) | (41,295) | 44,626 | ||
| Reconciliation of | funds | ||||||
| Total funds brought | forward | 1,990,240 | 59,867 | 2,050,107 | 2,005,481 | ||
| Total funds carried forward | 2,008,812 | 2,008,812 | 2,050,107 |
| 31August 2022 | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Note | 6 | 6 | ||
| FIXEDASSETS | ||||
| Tangible tixed assets | 13 | 1,765,347 | 1,781,230 | |
| CURRENT ASSETS | ||||
| Debtors | 14 | 5,092 | 5,606 | |
| Cash at bank and in hand | 241766 | 266~631 | ||
| 246,858 | 272,237 | |||
| CREDITORS: amounts | falling due within one year | 16 | 3,393 | 3,360 |
| NET CURRENT ASSETS | 243,465 | 268,877 | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 2,008,812 | 2,050,107 | ||
| NET ASSETS | 2,008,812 | 2,050,107 | ||
| FUNDS OF THE CHARITy | ||||
| Restricted funds |
59,867 | |||
| Unrestricted funds |
2,008,812 | 1,990,240 | ||
| Total charity funds | 18 | 2,008,812 | 2,050,107 |
| Unrestricted | Restricted | Total | Funds | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | ||||
| I | E | |||||
| DONATIONS | ||||||
| Donations | and | legacies | 24,966 | 24,966 | ||
| GRANTS | ||||||
| Grants |
| Unrestricted | Restricted | Total Funds | |||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||||
| f | f | f | |||||
| OTHER DONATIONS | AND LEGACIES | ||||||
| Contributions | re use ofchurch | 10,770 | 10,770 | ||||
| Tithes and offerings | 174,958 | 174,958 | |||||
| Gift aid tax redaim | 40,475 | 40,475 | |||||
| HMRC furlough | |||||||
| 251,169 | 403 | 251,572 | |||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2021 | |||||
| f | f | f | |||||
| DONATIONS | |||||||
| Donations and |
legades | 8,569 | 19,778 | 28,347 | |||
| GRANTS | |||||||
| Grants | 18,600 | 18,600 | |||||
| OTHER DONATIONS | AND LEGACIES | ||||||
| Contributions | re use ofchurch | 444 | 444 | ||||
| Tithes and offerings | 182,674 | 979 | 183,653 | ||||
| GiR aid tax reclaim | 26,065 | 26,065 | |||||
| HMRC furlough | 976 | 976 | |||||
| 218,728 | 39,357 | 258,085 | |||||
| 6. | INVESTMENT | INCOME | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds f |
2022 f |
Funds f |
2021 f. |
||||
| Deposit account interest | 380 | 380 | 628 | 628 | |||
| 7. | EXPENDITURE ON CHARITABLE ACTIVITIES BYFUND TYPE | ||||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds f |
Funds f |
2022 f |
|||||
| Activities undertaken | directly | 229,697 | 229,697 | ||||
| Support costs | 3,280 | 3,280 | |||||
| 232,977 | 232,977 | ||||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds f |
Funds f |
2021 f |
|||||
| Activities undertaken | directly | 163,665 | 46,779 | 210,443 | |||
| Support costs | 3,643 | 3,644 | |||||
| 167,308 | 46,779 | 214,087 |
| Activities | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| undertaken | Total funds | Total fund | |||||||||
| directly E |
Support costs 6 |
2022 f |
2021 E |
||||||||
| Activities | undertaken | directly | 229,697 | 3,280 | 232,977 | 214,087 | |||||
| 9. | ANALYSIS | OF | SUPPORT | COSTS | |||||||
| Analysis of | |||||||||||
| support costs | |||||||||||
| activity I | Total 2022 | Total 2021 | |||||||||
| E | E | E | |||||||||
| Governance | costs | 8,159 | 8,159 | 3,641 | |||||||
| 10. | INDEPENDENT | EXAMINATION | FEES | ||||||||
| 2022 | 2021 | ||||||||||
| 6 | 6 | ||||||||||
| Fees payable | to | the | independent | examiner | for: | ||||||
| Independent | examination | ofthe | financial | statements | 3,000 | 3,360 |
| time equivalen | t | employees during the year is analysed |
as follows: | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| No. | No. | ||||
| Pastors | 2 | 3 | |||
| Management | ik | Administration | 3 | 2 | |
| 5 | 5 |
| Freehold | Rxtures and | Motor | ||||
|---|---|---|---|---|---|---|
| property | fittings | vehides | Equipment | Total | ||
| E | E | E | E | E | ||
| Cost | ||||||
| At 1 September | 2021 | 1,739,343 | 25,839 | 9,000 | 16,488 | 1,790,670 |
| Additions | 1,381 | 1,381 | ||||
| Disposals | (6,000) | (9,000) | (1,523) | (16,523) | ||
| At 31August | 2022 | 1,739,343 | 21,220 | 14,965 | 1,775,528 | |
| Depreciation | ||||||
| At 1September | 2021 | 5,166 | 1,650 | 2,624 | 9,440 | |
| Charge for the | year | 5,398 | 1,800 | 3,297 | 10,495 | |
| Dlsposals | (6,000) | (3,450) | (304) | (9,754) | ||
| At 31August | 2022 | 4,564 | 5,617 | 10,181 | ||
| Carrying amount |
||||||
| At 31August | 2022 | 1,739,343 | 16,656 | 9,348 | 1,765,347 | |
| At 31August 2021 | 1,739,343 | 20,673 | 7,350 | 13,864 | 1,781,230 |
| Freehold | |||||
|---|---|---|---|---|---|
| property | |||||
| E | |||||
| At 31August | 2022 | ||||
| Aggregate | cost | 650,000 | |||
| Aggregate | depreciation | ||||
| Carrying | value | 650,000 | |||
| At 31August | 2021 | ||||
| Aggregate | cost | 650,000 | |||
| Aggregate | depreciation | ||||
| Carrying | value | 650,000 | |||
| 14. | DEBTORS | ||||
| 2022 | 2021 | ||||
| E | E | ||||
| Prepayments | and accrued income | 4,113 | 3,991 | ||
| Other debtors | 979 | 1,615 | |||
| 5,092 | 5,606 |
| CASH A | T BANK AND IN | HAND | |
|---|---|---|---|
| 2022 | |||
| E | |||
| General | Fund Current Account | 9,087 | |
| General | Fund Deposit Account | 42,205 | |
| Building | Fund Account | 63,769 | |
| Missionary Fund Account |
11,374 | ||
| Hardship | Fund Account | 1,636 | |
| Training | Fund Account | 2,634 | |
| General | Fund - Shawbrook | No. 1Account | 45,000 |
| General | Fund - Shawbrook | No. 2 Account | 25,823 |
| Baptist | Union Corporation | 40,238 | |
| 241,766 |
| Restrict | ed funds | |||||
|---|---|---|---|---|---|---|
| At' | At | |||||
| 1 | September | Gains and | 31August 2 | |||
| 2021 E |
Income E |
Expenditure E |
losses E |
022 I |
||
| Food Bank | 59,867 | 'l03 | (60,270) | |||
| At' | At | |||||
| 1 | September | Gains and | 31August 2 | |||
| 2020 | Income | Expenditure | losses | 021 | ||
| E | E | E | E | E | ||
| Food Bank | 67,289 | 39,357 | (46,779) | 59,867 | ||
| ANALYSIS OF NET ASSETS BETWEEN | FUNDS | |||||
| Unrestricted | Restricted | TotalFunds | ||||
| Funds | Funds | 2022 | ||||
| E | E | E | ||||
| Tangible | fixed assets | 1,765,307 | 1,765,307 | |||
| Current | assets | 266,858 | 246,858 | |||
| Creditors | less than 1year | (3,393) | (3,393) | |||
| Net assets | 2,008,812 | 2,008,812 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2021 | ||||
| E | E | E | ||||
| Tangible | fixed assets | 1,781,230 | 1,781,230 | |||
| Current | assets | 212,370 | 59,867 | 272,237 | ||
| Creditors | less than 1year | (3,360) | (3,360) | |||
| Net assets | 1,990,2Nl | 59,867 | 2,050,107 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| E | 6 | ||||
| Income and endowments | |||||
| Donations and legacies |
|||||
| Donations and legacies |
24,966 | 28,347 | |||
| Grants | 403 | 18,600 | |||
| Contributions re use of |
church | 10,770 | 444 | ||
| Tithes and offerings | 174,958 | 183,653 | |||
| Gift aid tax redaim | 40,475 | 26,065 | |||
| HMRC furlough | 976 | ||||
| 251,572 | 258,085 | ||||
| Investment income |
|||||
| Deposit account interest | 380 | 628 | |||
| Total income | 251,952 | 258,713 | |||
| Expenditure | |||||
| Expenditure on charitable |
activities | ||||
| Purchases | 8,284 | ||||
| Pastors' and support |
staff - Wages | 92,933 | 84,432 | ||
| Pastors' and support |
staff - Pensions | 5,046 | 4,790 | ||
| Hire and rental costs | 2,396 | 2,019 | |||
| Rent | 2,259 | ||||
| Rates and water | 298 | 1,388 | |||
| Light and heat | 13,770 | 9,767 | |||
| Repairs and maintenance | 7,974 | 22,091 | |||
| Insurance | 4,636 | 4,434 | |||
| Advertising and promotional |
579 | 597 | |||
| Motor expenses | 4,406 | 4,754 | |||
| ITcosts | 1,848 | 1,742 | |||
| Travel costs | 1,137 | 1,604 | |||
| Legal and professional | fees | 11,159 | 7,301 | ||
| Telephone | 2,326 | 2,764 | |||
| Subscriptions and licences |
3,034 | 3,099 | |||
| Depredation | 10,495 | 9,440 | |||
| Printing, postage and |
stationery | 3,207 | 4,636 | ||
| Training and development |
368 | 10,597 | |||
| Donations made to causes |
35,839 | 24,051 | |||
| Pastoral gifts to congregation | 989 | 2,730 | |||
| Sundry expenses | 9,395 | 684 | |||
| Cleaning and general |
upkeep | supplies | 5,810 | 5,225 | |
| Crafts and decoration | 3,399 | ||||
| Profit and loss on disposal of | fixed assets | 7,048 | 284 | ||
| 232,977 | 214,087 | ||||
| Total expenditure | 232,977 | 214,087 |
| 2022f | 2021 f |
|---|---|
| 18,975 | 'K,626 |