ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 BURNAGE FAMILY CHURCH {South Manchester Family Church) CHARITY REGISTRATION No 1188245 BURNAGE FAMILY CHURCH CONTENTS Page 3 to 5 Legal and Administrative Inforniation Page 6 Independent Examiner's Report to th¢ Trnst¢es Page 7 to 10 Trustees, Report Page I I Statement of Financial Activities Page 12 Balance Sheet Pages 13 to 18 Notes to the Financial Statem¢nts BURNAGE FAMILY CHURCH LEGAL AND ADMINISTRATIVE INFORMATION WORKING NAME South Man¢hestcr Family Chur¢h CHARITY NUMBER 1188245, fornierly 1021798 START OF FINANCIAL YEAR 1st April 2023 END OF FINANCIAI. YEAR 3 Isl March 2024 TRUS'fELs AT31ST MARCH 2024 M. Hoek ISL¢r¢taryl resigned 7 June 2024 J A Ron¥ong (Chuirl E M Tolno J B Williams (Tre&8urerl resigned 9 June 2023 S Simpson Th¢ exi5tin&i rrustees appoint any new trustees following the provisions laid out in the orgai)i5aiion's govemiiigT instrument. LEGAI. STATUS Charitable Incorporated Organisation {cioi GOVERNIYG INSTRUMENT Ttust Dc¢d dated 4th May 1993 as amended by Suppl¢menlal D¢ed5 daled 22nd August 1995 and I Il, March 2018 was superseded by a new constitution wh¢n thc unincorporalcd charity. Burnage Family ChurLh. charity number 1021798, merged with a new CIO charily numb¢r I I 811245 with the same name on 23 January 2020 BURNAGE FAMILY CHURCH LEGAL AND ADMINISTRATIVE IINFORMATION OBJECTS (l) To advance the Christian faith for the bcnefit of the public in a¢¢ordance with the doctrine set out in the tn￿tee5. report (2) To promotc social inclusion for the public benefit by prevcnting people from bccoming socially excluded. r¢lieving the needs of those people who are socially excluded and assisting them lo integrate into society. BURNAGE FAMILY CHURCH LEGAL AND ADMINISTRATIVE INFORMATION CORRESPOiYDENCE ADDRF.SS Kingsburn Hall 814 Burn88e Lane Burnage Manchester M19 IRS PRIMARY BANKERS CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Mailing K¢nt ME194JQ IYDEPENDENT EXAMIYER Karci) Macintyre. Licenced Accounianl, MAAT Orchards Business Support Limited 95 Nan¥reave Road Heaviley StOLkport SK2 6DQ INDEPEYDENT EXAMINER'S REPORT TO THE TRUSTEES OF BURfyAGE FAMILY CHURCH I report to the trusle¢s on my examination of ihc 8c¢ounts of Burnagc Family Church for the year ended 31 March 2024. Responsibilities and basis of report As the charity trnstees you are reswnsible for the preparation of the accounts in accordance with the requirements of the Chariiies Act 2011 ('the Act.). I report in respect of my examination of the Charity's a¢¢ounts carricd out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applieable Directions given by the Charity Commission under section 145151(b) of the Act. Independent examiner's statement I have completed my ¢xamination. I confirni that no material matters have come to my attention in connection with thc cxamination giving me cause to belicvc that in any material respect.. accounting records were not kept in respect of the Charity as required by section 130 of Ihc Aci. or 2. the accounts do llot a¢¢ord with thos¢ records. I have no concerns and have come across no other matters in conn¢etion with the exatniiiation to which attention should be drawn in this report in order to enable a proper understanding of the accounis 10 be reached. % /1112oL Karen Macintyre. Licenced A¢¢ountanl, MAAT Orchards Business Support Limited 95 Nangreave Road Heaviley Stockport SK2 6DQ BURNAGE FAMILY CHURCH TRUSTEES REPORT FOR THE YEAR ENDED 31ST MARCH 2024 This report is prepared by the Trustees of the Burnage Family Church CIO. charity number 1188245, for the financial year April 1st 2023 to March 31st 2024. Charfty Oblectlve$ The charity was origin3I1y created by a Declaration of Trust dated 4 May 1993. In January 2020 thè trustees resolved to merge the Trust with a new charitable incorporated organisation ICIOI. with the same name. This charity, no. 1188245. wa5 registered at the Charity Commission on 28 February 2020. The assets of the old charity were vested to the new CIO on l April 2020 and the unincorporated charity, no. 1021798, was subsequently removed from the Charity Commission register in March 2021. Our purposès and activities The purpose5 of the charity are.. 111 To advance the Christian faith for the benefit of the public in accordance with the dottrine of.. lal The one true God who lives eternally in three persons- the Father, the Son and the Holy Spirit. Ibl The love. grace and sovereignty of God in creatinB. sustaining, ruling, redeeming and jud8ing the world. Icl The divine inspiration and supreme authority of the Old and New Testament Scriptures, which are the written Word of God- fully trustworthy for faith and conduct. Idl The dignity of all people. made male and femBle in God's image to love. be holy and care for creation. yet corrupted by sin, which incur5 divine wrath and judgement. lel The incarnation of God's Ètèrnal Son. the Lord jesus Christ- born of the virgin Mary; truly divine and truly human. yet without sin. If) The atoning sacrifice of Christ on the cros5.' dying in our place. paying the price of sin and defeating evil, so reconciling us with God. Igl The bodily resurrection of Christ, the first fruits of our rÈsurrection-, his ascension to the Father, and his reign and mediation as the only Saviour of the world. Ihl The justification of sinners solely by the grace of Ggd through faith in Christ. lil The ministry of God the Holy Spirit, who l&ad5 US to repentance, unites us with Christ through nèw birth, empowers our discipleship and enables our witness. til The church, the body of Christ both local and universal, the priesthood of all believers 8iven life by the Spirit and endowed with the Spirit's gifts to worship God and proclaim the gospel, promoting justice and love. Ikl The personal and visible return of Jesus Christ to fulfil the purposes of God, who will raise all people to judBement, bring eternal life to the redeemed and eternal condemnation to the lost, and establish a new heaven and new earth. 121 To promote social inclusion for the public benefit by preventing people from becoming socially excluded. relieving the needs of those people who are socially excluded and assisting them to integrate into society. Our volunteers The charity is very involved in the community and relies on voluntary help. Most volunteers are members of the Church. We wish to thank our friend5 for their loyal support and service. BURNAGE FAMILY CHURCH TRUSTEES REPORT FOR THE YEAR ENDED 31ST MARCH 2024 Achiev*ments and pèrformancè We are thankful to God for another year of serving the community and making Jesus known in our locality and beyond. We eontinue to welcome new members and integrate them into our re8ular activities. Main Sunday morning meetings have continued as normal at Manchester High School for Gir15, whilst continuin8 to broadcast online, to the benefit of those who may otherwise be excluded due to ill health. Kin85burn Hall continues to be used for church actSvltles thfOU8h the week, such a5 prayer and Blble study meetings. youth activities, Community lunches and Alpha course5. We have also continued to use the building to facilitate a series of events to assist newly arrived Hongkonger5 to Integrate into British Society and/or church life. Further, we continue to rent the building to other churches and offer the buildin8 to other groups. During the school holiday seasons we a150 Use the building for our own maln meetings, since the school is unavailable. The church has contlnued services for the local elderly population in partDer5hip with Age Friendly Burnage, a Manchester City Council initiative. The fortni8htly Age Friendly Lunches at Kingsburn Hall. enable an opportunlty to partlally relSeve loneliness for various people livin8 in the local area. The subsldised week.lon8 Vouth conference, Newday, allowed us to provlde the youth of the church a 8fgod 8roundSn8 in the Chrlstlan Falth. The ¢hur¢h also ¢tsntinued to support Oidsbury and Chorlton food bank. Burnage food bank. Early Essentlals (supporting mothers with new born babies), Catalyst la network of churches slmilar to SMFC that engages in church plantin81, Kampala Children's Centre lan orphana8e in U8andal, the Millimou Project Ibullding a school in Guinea), Street Pastors Icaring for people en8aged in the nighttlme economyl and Thè Navi8ators lequipping people to teach the Christian laithl. Finally* we were able to make various one-off grants to people particularly stru88lin8 financially. We have Snstalled a CCTV system to protect Kin85burn Hall and upgraded offlce IT equlpment. Flnanclal revlèw Thè principal fundin8 sourtes of intomÈ to the charity contlnue to be t￿the$, offèrings and donations togèther with a550ciated Gift Ald. Its Income for 2023-2024 was £136.598. an increase from £12S,757 in 2022-2023. Unrestrlcted income from donatlons and lègacies remain5 Stable now that the volunteer base ha5 Settled down. althou8h we continue to communicate the financial needs of the church where required. Increasing the hire of Klngsburn Hall to other churches, ènd an annual review of rents charged, has boosted our overall income. The leaslng of the unused external land to a mobile mast opèrator continues to generate further income for the charity and wlll increase in line with Inflation over the next lew years. Our overall expenditure Increased from £129,739 in 2022-2023 to £136.281 in 2023-2024, primarilv due to the Newday youth conference and the spending of our restricted fund5 as allocated. However, coming Out of the dlffitult Covid-19 and high-inflation year5. we have been able to move from belng in a place of deficit to breaklng even thrtrugh the year. BURNAGE FAMILY CHURCH TRUSTEES REPORT FOR THE YEAR ENDED 31ST IMARCH 2024 Flnanclal revlew convd The trustees conrinue to be mindful of the need to maintain a good conlrol ovEr tht finances and mèinta1n a rvllinE 12-month ￿5h ftow forecast to anticipate any problems. Given the projected income levels. the church 15 in a good fin8rtci31 position to continue its operations, 3nd It is expected thatwe will be back into a surplus in the coming months. This will enable us to èxpand our operations as a resulL Reserves poltcy The trustees have con5id2red the level Df rEserve5 they wish to retain, appropriate to the ch4rity'5 needs. This is based on the charity's size and th@ lÈvÈl of financial commitments held. The trustees aim tD ensurÈ the charity will be able to continue tts fulfi5 its charitèble objertives even if there is tetnporary shortfall in income or unexpÈtted expenditure. The trustee5 will endeavour not to set side'"iinds unnecÈssarily. The reserves 3re at3n adequate level. enablii-: the charity to Pay three manthJ of salarie5 if required. and the ch3ritywill maintain a policy to ensare èd￿uate rèserves. Public btntfji rhe charity aCKnowledges its requirement to demonstrate clèarly that it rnU5t have charitable purposps or'aim5' that ore for the public benefit. Oetails of how the tharity has achieved this are provided In rhe Tru51ees report. The Trustees confirm that they have paid due regard ro the Charity Commission guidance on public benefit before deciding what attivifies rhe Charity should undertake. Tr￿slee5 Rtsponsibililits The Charitie5 Act 2011 require the trustees to prpp3re financial statements for e3ch financial year which giv& a true and fair view of the state of affairs of the trust and of the 51Jrplus of the trust for that period. In preparing those financial Statements the trustees are requlred io.. • Select suitable accounting politie5 and apply them ¢¢nsi5tently Make Ibdgem Sjits 2nd e5timate5 that aFÈ reasonable and prudefit Prepare financial statements on the goinE concern basis unless It is inappropriate to pre5urne that the trust will continue in existence. The rrustees are responsible for keeping proper èctounting records, which disclose with reasonable accuracy at any time the financial position Df the trust. They are also responsible for safeguarding the as5et5 of the trust and hence fortaking reasonable steps for the prevention and detection of fraud and other irregularlties. Approved by rhe tru5tee5 on.. ,? ( ILIlL+ Sianed Dn their behalf by trustee.. BURNAGE FAMILY CHURCH STATEMEIYT OF FIIYANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024 UDrcssricied 11¢4"mded Funds TotAI 202312024 Total 20221232 INCOME Dondlions and le8acies 95,848 11,922 107,770 109,596 Charilabl¢ A¢tivilie5 2b 19,280 19,280 7.685 9.548 124.076 9.548 8.476 136,598 125,757 TOTAL INI COMINC• KkSOURCLS 11,922 RESOURCES EXPENDED Chariiable Acltvilies TOTAL EXPEYDITURE 124,281 124,281 136.281 129,739 136,281 129,739 12.000 NET INC.OMLIITr:XPF.'NDITURFI AND NET MOVFMF.NT IY FUNDS FOR THE YEAR 395 1781 J17 13.9821 Tolal Funds EJrou¥hi Forward 8*&b 480,862 4,657 485,519 489,501 Transfer B¢iwt¢n Trunds 101101 600 TOTAL FUNDS CARRIED FORWARD 480,6S7 5,179 485,836 485.519 Movcmcnts on all reserves and 211 re¢ognised gains and Insyeg Are $hown atrrt)ve. All of the or8anisaiion's up¢ralion¥ are Llassed as colliiiiuing. The noies on pasci 13 10 19 fumi part of ih¢5¢ fin8n¢ial siaiements. io BURNAGE FAMILY CHURCH BALANCE SHEET AS AT 31ST MARCH 2024 Urwtsinctcd Re5m.￿d Funds Fund5 Nèfes Jl MirEh l(124 31 Mbrth 1023 Fixtd Assets T￿8]b￿C Asse 448,281 &281 449,980 Currintr A55tl$ DeMor5 Cash ai Bank ond In Hand 6,8n 34.411 447 4,732 7.319 39.143 4,8)7 3i.165 41,2 5,179 46,462 40,022 AssÈts Crtdiiors.. due wiihiA on¢ y¢ 18.9071 18.9071 14.4831 WET CLTrRENT ASSETS 32.376 5.179 37.55) 3),539 TOTAL.4SSETS 480,657 5,179 485836 485,519 -NET ASSETS 480hi7 5,179 48&836 485?19 of the Charity Unrestncted F￿￿$ 4¥0,657 480,657 48Q¥62 RcsiTjcled fund5 8b 5.179 5.179 485.S36 4.657 ApprDved by the Trusi¢es on the £&112114 Signed on their beh￿[bY Trnstr¢ li BURNAGE FAMILY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 J.ACCOL.NTING POLICIES Th¢ principal accounting policies adopied. juOg¢m¢D15 al￿ key source$ of esiimaiion unrertainry J) the pr¢paT#tioll of Ihe financial ststements are as follow5.. BASIS of prepar4tion The financial stai¢tnents have been preparcd in accordance with Accounting and Reptsrting by Charities.. Siaiemeni of R¢commended PTaLIILe applicable to charities pr¢paTin¥ thetr accounis iii accordan¢e wilh the Financial Repontng StaEidard applicable in the UK attd Republic of Ir¢land IFRS 10?) Icffccliv¢ l January ?0151. Icharilics SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. Burnage Family Church meets Ihe definition of a public benefit eniity under FRS 10? Assets and liabilities are inilially reco8rtised ai hisiurical L051 or Iransaciion valut un1¢55 oihenN'i$e slat¢d in th¢ relevant accountiti8 poliey ￿0te(SI. C*shflow statemeDt The Charily b8s taken ddvallla8e of the exetnption in FRS 102 from the r¢quiren]enl lu prvduce a ca$hllow 51at¢m¢nt on the grounds that income dots rtol ex¢¢¢d £500,eOO. Preparation of the accounts on a gotng contern basi5 Ai Ihe time of appmving the accoun15 Ihe trustecs have a rewnable expectation thai the ¢harity has adequate resources 10 conlinu¢ its activiiies for Ihe forese¢tbl¢ futUT¢. The IrL]St¢¢s hav¢ reviewed Ihe dLlivil2es of the chartiy foT Ihe nexi 12 ￿ 18 rnonths in the light of its cash r¢s¢rv¢5 and are of the fview that the chariry is a BoiJ]g concern. Recognition of Ineomlhg re50urce5 Items of income are teLognised and included in the accounts when all of the following criteria are met.. tlie charity or its subsidiary have eniiileTnenl to rhe fi]nds', • any performartLe Londitions attached to th¢ item{81 of incom¢ have be¢n met or are fvlly within the control of the charity or ils subsidiary., Iherc is suffiLieut c¢nainty Ihai receipt of the income is consid¢rtd probable.. and th¢ amouni cart be nieasur¢d reliablv. For legaci¢$. entitlement is taken as the earlier of-. • th¢ dale on whicb the chaTity is aw*re thai piobale has been gra￿ed. the estaie has becrt finali5ed and notification has been made by the executor(sl lo the Trust thai a distribuiion will b¢ mgde. or when d distribution is r¢c¢iv¢d from the e51are. Receipt of a legacy. in w'hole or in parl, Is only considered probable when the atnount can bi measured Teliably and the charity has b¢¢n noiiliLd of the ¢K¢rulor's iniertlion to make a disiriblltion. Where l¢8acies have been noiified 10 the charity, or the ch8Tity is awaT¢ of the grantin8 of probate, and the criteria foi incom¢ reiogrtilion hav¢ not b¢en mel, th¢ll the legacy is a treated ts a £onling¢ni asset and disclosed If maienal. 12 BURNAGE FAMILY CHURCH -NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024 Incomlng resourtes With related expeEhditure Wh¢r¢ illcoming resources have related expenditute las with fundraisitt8 or contraci ittcome} the incoming Tcsourcc and relatcd exp¢ndittJre are r¢￿rt¢d gross in th¢ SOFA. Donations DoThdied services er facilities are recognised ag income when the charity has control over the item. any conditions 2ssoLiaiLd wilh Ihc donaicd Iiem have been mei, thc ree¢ipi of cconomic benefii froin th¢ use by ihe charity of the item is pmbable and thai economic benefIt can be measured reliably. On receipt, donated senices and facilities are recognised on the basis of the value of the gift io Ihe charity which 15 the atnounl ihe Lhaiily wuuld have been willing lo pdy lo obtain servieeg or facililies of equivalent economic ben¢fit on the open tnarkel., a cottespotding I￿oUnt is th¢n recogllised iti expenditure in rh¢ period of r¢eeipi. IDtere5t receivable Inieresi on funds held on deposii is included when receivable and the amount can be meJ5ur¢d r¢liably by the chanty: this is nonnally upon not2ficalion of the inierest paid OT payable by th¢ Bank. Fund iceountlng Unrestticted funds are hvailable 10 spend on activ2ties that further any of the puTposes of charity. Desigrtaied fwid% ar¢ unT¢Slricl¢d funds of th¢ charity which th¢ trJsle¢s hav¢ d¢rided at their discrelion lo sei aside to use for a sp¢cific puw%. R¢srrici¢d fi]nds ar¢ ffet¢d, Prepayni¢nls &r¢ valiicd 41 th¢ amount prepaid after taking account of any Irode discounts due. Cash At bank And In hAnd Ca&h ai bank and cayh in hand includes ca8h artd short ierni hi¥hly liquid inv¢strn¢nls with a %hort tnalurity of thTee Inonihs vr1¢5s frotn lh¢ dalc of acquisiiion or openin8 of the depusil or similar aLLounl. Credltor8 and provl8lons CT¢diioTS and provi¥ions are r¢¢ognised where the charity ha5 a pre5eni obligaiiotl resulting from a pa51 cveni that will probably rcsuli In Ihc transfer of funds 10 a thiTd party and the amount dtse to settle ihe obli¥kiion c8n bt metsxurod or e¥timtttcd relitthly C'reditpr.4 And PTovision4 arc normally Tecogni5ed &t their $ettlemcni amount after allL)win8 for any trade discourtls due. 14 BURNAGE FAMILY CHURCH NOTES TO THE FINANCIAL STATEMENTS {continued) FOR THE YEAR ENDED 31ST MARCH 2024 Financial Instruments The trtssi only has finart¢lAI asset$ and fiTV4nridl liabilities of a kirtd thai qujlify as basic fjnancial instruments. Basic financial inslruinents are iiiiiially reLo8nised ai IrartbaLiion value ajid subsequeiiily measured ar Iheir settlement value with the exception of bank loajjs which are subsequenrly measured al rlie carrying value plus uccrued Inte￿81 less repuyments. The financing chaT8e to expenditure is at a constant ralc calculated using the effLClive interest method. Penslons Pinsion paym¢nts in resp¢cl of money purchase defined contribution pension %hemes are charged to Ihe SOFA irt (he period in whiLh (hey relate. 2. INcO￿lING RESOUKCLS UnresirJ¢ied Restrkled Fwhd* TotAI 2O23n024 102212023 x) DottAtlot)s And le%i¢ies Gifts. Tiihes & orr¢rirt¥s Ciift Aid TAX ReLav¢T¢d Grant5 r¢c¢iv¢d 79.062 10.7t¢6 11.475 447 9U,537 17.233 88,036 19.36 95,84¥ 11,922 107,770 109,590 bl Incomln% Resourees from CharltAble A¢tlvltle$'. Fundrlli%tng irtcoitte Kingbbum I lull Ncwday incorne 287 15.773 3.220 19.280 287 15.773 7.210 475 7.685 19,280 ¢) Oth¢r In¢omlng R¢wuree$ Sundry Inlome Grani income Mobilt M8SI 477 477 143 9,071 9,$48 9,548 8,476 In 202212023 to¢al income for the y¢aT Wa5 £125.757 ofwhich £114,972 was unresiricled and £10,785 was resiticied income. 15 BUILNAGE FAMILY CHURCH NOTES TO THE FINANCIAL STA TEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024 3. RESOURCES EXPENDED Unre51ri¢ted VuThds Re5trictcd VuThd5 ToiAI 2023124 Total 20221n02J Noie al Costs of CharliAble A¢tlvlties Advtnising &. Publicity Bank Charges Communiiy evenis CdlL'ring Co&lS ChildrLn'$ & Youih Wi)rk Cl¢dnin¥k Cost CoDl¢ren¢es Costs D¢pr¢¢iuiion fxp¢nse Eqiiipm¢nl Costs Evangeli4m & nutreach Cjltly & nllerings IndepL'ndeni Ixaminers F¢ lJ)$uranee l.T C'os19 Legal & Professional Fc¢ Li¢¢n%¢¥ & Su Pastoral Work PriJiiin¥ & %iation¢ry R¢pBir% & maiiil¢nani¢ SalJTi¢S &. Wll¥¢s Pensiun ¢osl¥ Sunday Cosls Sundry F.xp¢n5¢¥ Tclephone & Jniernei Travel & yub¥isien¢e Uiilily Cos15 Venue Hirc Wcbsite Costs 29 64 454 22 29 22 74 1,009 19 454 22 4,344 4,344 214 316 991 1.699 656 534 9,349 316 991 1.699 656 534 21.349 278 3,973 1,500 598 14,942 12,ri]o 825 825 825 2.017 783 2,017 783 1,753 339 283 283 S92 995 897 181 473 75,629 4,747 454 569 1,342 2,570 3,202 10,3 556 IZ4,281 995 897 181 473 75,629 4,747 454 569 1,342 2,570 3,202 10,30) 556 136,281 1,056 460 241 77,840 4,427 394 42 1,147 1,909 4.539 10,450 1,096 129.739 12,1)00 Notc.. Th¢ Childr¢tt & Youih Work expenditure h85 ris¢n due lo the inclusion of licwday youth conf¢r¢n¢e ¢o5t$. This was previously shown in conferencc COBt5. 16 BURNAGE FAMILY CHURCH NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024 4. STAFFCOSTS AND NUMBERS 202312024 202212023 WÈ8es and Salaries SociRI Securily iosis Pen510n CorttrLbutions 75,629 77,840 4.747 BO,376 4.427 82.207 Employee5 who were en8d8ed in ¢a¢h orth¢ following aLliviiies'. 202312024 202212023 Activities in furtherance of orgtsnisoiion's objccis MaDa8Lmenl aJ)d administration No einployetts rec¢iv¢rt cinolutnenis in excc55 vf £60,000.1202212023.. None) Th¢ Ghariry empltsys a PAYE s¢hem¢ lo poy all employed mcrnb¢rg ol'siaff. Morijkc Hoek, a Injstce, r¢ccivcd rcrDuncr&tion vl. LX.244 in 2021120241£8.622, 2022120231 for h¢r work as pa¥lgT. Nonc of Ihe other Iruyiees rec¢ived remuD¢r&tion durin¥ th¢ year. S. TANGIBLE FIXED ASSETS Lyrtd & Bulldlngs GvtherRI kqulpmeni Mvtor Vehlcl¢ Toi•l Cosl I April 2023 448.281 22.770 471.051 Additions Diyp0541 Co$1 ai 31 Mar¢h 2024 448,281 22,770 471.051 D¢pre¢iaiion l April 2023 21.071 21,071 1,699 1,699 Di¥pos81 Deprecialion at 31 March 2024 22,770 22.770 Net Book Value 31 March 2024 448.281 448.281 Nel Book Value 31 March 2023 446,281 1,699 449,98 4￿￿￿ttl ¢ommi¢mcttts under non-canttsllin8 opergtithg leas¢s gnd capL¢AI commitrt)eThts &r¢ 85 follows.. 3 March 2024.. None 3151 M&rLh 2023.. None 17 BURNAGE FAMILY CHURCH NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024 6. DEBTORS 31 March 2024 31 March 2023 Dcbtoig 7. CREDITORS.. DUE WITHIN of*E YEAR 31 F*l4rch 2024 31 Msrth 2023 AC¢n￿[S 8. ANALYSIS OF MOVE.MELYTS IN FUNDS Funds 31 Mirth Z024 x) Unrestricted Furtds Balance l April 2023 Trlnslers Income Expelldlture G¢n¢ral 480.862 124,676 1124.2811 16001 480,657 Unrestricted fund5 2023- 2024 480,862 124.676 1124,2811 16(101 480,657 B21gnce l Aprll Funds 31 P*far¢h 2023 2022 Unrestricted fund5 2022- 202.1 489.427 114,972 122,937) 16001 480.862 b} R¢strlettd Pllnds Ballllte l April 2023 Funds -11 March 2024 Incorne Expenditure Tr*n$fers Sp¢rial offeTittg$ Spoons Millirnou Comrnunity Chest Restritted furtd5 2023- 2024 11651 1.6(K> 5,236 12.0341 17441 16.1861 3.Q37 856 5,586 1,100 OIK) 3.222 4,6S7 11,922 {12,0001 000 5.179 Balance l Apr 2022 Fund5 31 Mar 2023 Inctsmt Expethditure Transfers Restrif tell fund5 2022_ 2023 74 10.785 16.802 6QO 4.657 18