| PAGE | |||||
|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's | report) | ||
| Independent examiner's report to the |
tustees | ||||
| Statement offinandal activities (induding |
income and expenditure | account) | |||
| Statement offinancial position |
|||||
| Notes to the financial statements | |||||
| The following pages do not form |
part | ofthe financial statements | |||
| Detailed statement offinancial activities | 1 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Totalfunds | ||||
| Note | 6 | 6 | 6 | E | |||
| Income and endowments | |||||||
| Donations and legades |
5 | 227,903 | 56,223 | 284,125 | 251,572 | ||
| investment income |
6 | 2,203 | 2,203 | 380 | |||
| Total income | 230,106 | 56,223 | 286,328 | 251,952 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 7,8 | (252,731) | (36,587) | (289,318) | (232,977) | |
| Total expenditure | (252,731) | (36,587) | (289,318) | (232,977) | |||
| Net (expenditure)/income | (22,625) | 19,636 | (2,990) | 18,975 | |||
| Other recognised | gains | and losses | |||||
| Other gains/(losses) | user | defined 1 | (60,270) | ||||
| Net movement in |
funds | (22,625) | 19,636 | (2,990) | (41,295) | ||
| Recondllatlon offunds |
|||||||
| Total funds brought | forward as previously | ||||||
| reported | 2,008,812 | (403) | 2,008,409 | 2,050,107 | |||
| Prior year adjustment | 403 | 403 | |||||
| Total funds brought | forward as restated | 2,008,812 | 2,008,812 | 2,050,107 | |||
| Total funds canied forward | 1,986,187 | 19,636 | 2,005,823 | 2,008,812 |
| STATEMENT OF FI 31August 2023 |
NANCIAL POSITION | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Note | E | |||
| FIXEDASSETS | ||||
| Tangible fixed assets | 13 | 1759234 | 1~765g347 | |
| CURRENT ASSETS | ||||
| Debtors | 14 | 5,885 | 5,092 | |
| Cash at bank and in hand | 243,583 | 241,766 | ||
| 249,468 | 246,858 | |||
| CREDITORS: amounts | falling due within one year | 16 | (2,880) | (3,393) |
| NET CURRENT ASSETS | 246,588 | 243,465 | ||
| TOTAL ASSETSLESSCURRENT LIABIlITIES | 2,005,822 | 2,008,812 | ||
| NET ASSETS | 2,005,822 | 2,008,812 | ||
| FUNDS OF THE CHARITY | ||||
| Restricted funds |
19,636 | |||
| Unrestricted funds |
1,986,187 | 2,008,812 | ||
| Total charity funds | 18 | 2,005,823 | 2,008,812 |
| DONATIO | NS | AND LE | GACIES | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2023 | ||||
| I | I | E | ||||
| DONATIONS | ||||||
| Donations | and | legades | 6,046 | 51,038 | 57,083 | |
| GRANTS | ||||||
| Grants | 2,018 | 5,000 | 7,018 | |||
| OTHER DONATIONS | AND LEGACIES | |||||
| Contributions | re use of | church | 9,720 | 9,720 | ||
| Tithes and | offerings | 179,817 | 185 | 180,002 | ||
| Gift aid tax reclaim | 30,302 | 30,302 | ||||
| 227,903 | 56,223 | 284,125 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds I |
Funds I |
2022 f |
||||
| DONATIONS | ||||||
| Donations | and | legacies | 24,966 | 24,966 | ||
| GRANTS | ||||||
| Grants | ||||||
| OTHER DONATIONS | AND LEGACIES | |||||
| Contributions | re use ofchurch | 10,770 | 10,770 | |||
| Tithes and | offerings | 174,958 | 174,958 | |||
| Gilt aid tax reclaim | 40,475 | 40,475 | ||||
| 251,169 | 251,572 |
| Yea | r ended 31August | r ended 31August | r ended 31August | r ended 31August | r ended 31August | 2023 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6. | INVESTMENT INCOME | |||||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||||
| Funds | 2023 | Funds I |
2022 6 |
|||||||||
| Deposit | account interest | 2,203 | 2,203 | 380 | 380 | |||||||
| 7. | EXPENDITURE ON | CHARITABLE | ACTIVITIES BYFUND TYPE | |||||||||
| Unrestricted | Restricted | TotalFunds | ||||||||||
| Funds I |
Funds I |
2023 6 |
||||||||||
| Aciivities | undertaken | directly | 249,371 | 36,587 | 285,958 | |||||||
| Support | costs | 3,360 | 3,360 | |||||||||
| 252,731 | 36,587 | 289,318 | ||||||||||
| Unrestricted | Restricted | Total Funds | ||||||||||
| Funds | Funds | 2022 | ||||||||||
| I | I | |||||||||||
| Activities | undertaken | directly | 229,977 | 229,977 | ||||||||
| Support | costs | 3,000 | 3,000 | |||||||||
| 732,977 | 232,977 | |||||||||||
| 8. | EXPENDITURE ON | CHARITABLE | ACTIVITIES BYACTIVITY TYPE | |||||||||
| Activities | ||||||||||||
| undertaken | Total funds | Total fund | ||||||||||
| directly | Support costs 6 |
2023 6 |
2022 I |
|||||||||
| Activities | undertaken | directly | 285,958 | 3,360 | 289,318 | 232,977 | ||||||
| 9. | ANALYSIS | OF SUPPORT | COSTS | |||||||||
| Analysis of | ||||||||||||
| suppolt costs | ||||||||||||
| adivity 1 I |
Total 2023 6 |
Total 2022 6 |
||||||||||
| Governance | costs | 3,360 | 3,360 | 8,159 | ||||||||
| 10. | INDEPENDENT | EXAMINATION | FEES | |||||||||
| 2023 | 2022 | |||||||||||
| 6 | ||||||||||||
| Fees payable | to the | independent | examiner | for: | ||||||||
| Independent | examination | ofthe | financial | statements | 3,360 | 3,000 |
| Freehold | Fixtures and |
||||
|---|---|---|---|---|---|
| property 6 |
fittings 6 |
Equipment 6 |
Total 6 |
||
| Cost | |||||
| At 1 September | 2022 | 1,739,343 | 21,220 | 14,965 | 1,775,528 |
| Additions | 964 | 255 | 1,219 | ||
| At31August | 2023 | 1,739,343 | 22,184 | 15,220 | 1,776,747 |
| Depredation | |||||
| At 1 September | 2022 | 4,564 | 5,617 | 10,181 | |
| Charge for the | year | 4,601 | 2,731 | 7.332 | |
| At31August | 2023 | 9,165 | 8,348 | 17,513 | |
| Carrying amount At31August 2023 |
1,739,343 | 13,019 | 6,872 | 1,759,234 | |
| At 31August 2022 | 1,739,343 | 16,656 | 9,348 | 1,765,347 |
| cost model ar | e as follows: | |||
|---|---|---|---|---|
| Freehold | ||||
| property | ||||
| E | ||||
| At31August | 2023 | |||
| Aggregate cost | 650,000 | |||
| Aggregate depreciation |
||||
| Carrying value |
650,000 | |||
| At 31August 2022 | ||||
| Aggregate cost |
650,000 | |||
| Aggregate depredation |
||||
| Carrying value |
650,000 | |||
| DEBTORS | ||||
| 2023 | 2022 | |||
| E | E | |||
| Prepayments | and accrued | income | 4,283 | 4,113 |
| Other debtors | 1,602 | 979 | ||
| 5,885 | 5,092 | |||
| CASH AT BANK AND IN | HAND | |||
| 2023 | ||||
| E | ||||
| General Fund |
Current Account | 14,776 | ||
| General Fund |
Deposit Account | 2,008 | ||
| Building Fund |
Acmunt | 76,902 | ||
| Missionary Fund Account |
12,331 | |||
| Hardship Fund Account |
1,488 | |||
| Food Bank Fund Acmunt | 750 | |||
| Training Fund |
Account | 2,459 | ||
| General Fund |
- Shawbrook | No. 1Account | 45,000 | |
| General Fund |
- Shawbrook | No. 2Acmunt | 26,081 | |
| Baptist Union | Corporation | 7 Day Notice | 20,245 | |
| Baptist Union | Corporation | 3 Month Notice | 41,543 | |
| 243,583 |
| CREDITORS: amoun | ts falling due within one yea |
r | |
|---|---|---|---|
| 2023 | 2022 | ||
| E | E | ||
| Accruals and deferred | income | 2,880 | 2,880 |
| Other creditors | 513 | ||
| 2,880 | 3,393 |
| At | ||||||||
|---|---|---|---|---|---|---|---|---|
| At | Gains and | Prior year 31Aug 202 | ||||||
| General | funds | I | Sap 2022 E 2,008,812 |
Income E 230,106 |
Expenditure E (252,731) |
losses E |
adjustments E |
3 I ' 986,187 |
| At | ||||||||
| At | Gains and | Prior year 31Aug 202 | ||||||
| I | Sep 2021 | Income | Expenditure | losses | adjustments | 2 | ||
| E | E | E | E | E | ||||
| General | funds | 1,990,240 | 251/549 | (232~977) | 2,008,812 |
| At | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| At 1Sep 2022 E |
Income E |
Expenditure E |
Gains and losses E |
Prior year adjustments E |
31Aug 202 3 I |
||||
| Food Bank | (403) | 1,376 | (627) | 403 | 749 | ||||
| Flourish Flourish |
aRer | 30,065 | (13,345) | 16,720 | |||||
| school Rwanda |
2023 | 3,000 21,377 |
(833) (21,377) |
2,167 | |||||
| Turkey/Syria | 220 | (220) | |||||||
| Women's | Ald | 185 | (185) | ||||||
| (403) | 56,223 | (36,587) | 19,636 | ||||||
| At | |||||||||
| At 1Sep 2021 |
Income | Expenditure | Gains and losses |
Prior year adjustments |
31Aug 202 2 |
||||
| E | E | E | E | E | |||||
| Food Bank Flourish |
59,867 | 403 | (60,270) | ||||||
| Boorish | after | ||||||||
| school | |||||||||
| Rwanda | 2023 | ||||||||
| Turkey/Syria | |||||||||
| Women's | Aid | ||||||||
| 59,867 | (60,270) |
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2023 | ||
| E | E | E | ||
| Tangible Current Creditors |
fixed assets assets less than 1year |
1,759,234 229,833 (2,880) |
19,636 | 1,759,23'l 249,469 (2,880) |
| Net assets | 1,986,187 | 19,636 | 2,005,823 | |
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| E | E | |||
| Tangible fixed assets Current assets Creditors less than 1year |
1,765,347 246,858 (3,393) |
1,765,347 246,858 (3,393) |
||
| Net assets | 2,008,812 | 2,008,812 |
| Year ended 31 | Augus | t 2023 | ||
|---|---|---|---|---|
| 2023 6 |
2022I | |||
| Income and endowments | ||||
| Donations and legacies |
||||
| Donations and legades |
57,083 | 24,966 | ||
| Grants | 7,018 | 403 | ||
| Contributions re use of church |
9,720 | 10,770 | ||
| Tithes and offerings | 180,002 | 174,958 | ||
| Gift aid tax reclaim | 30,302 | 40,475 | ||
| 284,125 | 251,572 | |||
| Investment income |
||||
| Deposit account interest | 2,203 | 380 | ||
| Total income | 286,328 | 251,952 | ||
| Expenditure | ||||
| Expenditure on charitable |
activities | |||
| Purchases | 20,342 | 8,284 | ||
| Pastois' and support | staff - Wages | 139,629 | 92,933 | |
| Paeony and support | stalf - Pensions | 6,862 | 5,046 | |
| Hire and rental costs | 2,396 | 2,396 | ||
| Rates and water | 4,008 | 298 | ||
| Light and heat | 18,151 | 13,770 | ||
| Repairs and maintenance | 4,857 | 7,974 | ||
| Insurance | 5,193 | 4,636 | ||
| Advertising and promotional |
615 | 579 | ||
| Motor expenses | 6,286 | 4,406 | ||
| ITcosts | 2,266 | 1,848 | ||
| Travel costs | 21,374 | 1,137 | ||
| Legal and professlonalfees | 757 | 8,159 | ||
| Telephone | 721 | 2,326 | ||
| Subscriptlons and licences |
2,877 | 3,034 | ||
| Depredation | 7,333 | 10,495 | ||
| Printing, postage and |
stationery | 4,238 | 3,207 | |
| Training and development |
2,259 | 368 | ||
| Donations made to causes |
24,060 | 35,839 | ||
| Pastoral gifts to congregation | 1,013 | 989 | ||
| Sundry expenses | 6,209 | 9,395 | ||
| Cleaning and general |
upkeep | supplies | 4,199 | 5,810 |
| Profit and loss on disposal of | fixed assets | 6,768 | ||
| Accountancy fees |
3,360 | 3,000 | ||
| Bank charges | 313 | 280 | ||
| 289,318 | 232,977 | |||
| Total expenditure | 289,318 | 232,977 |
| 2023 E |
2022f |
|---|---|
| (2,990) | 18,975 |