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|||Page|
|---|---|---|
|Charity
information|||
|Report ofthe Trustees|||
|Independent
examiner's|report||
|Statement
of Financial|Activities||
|Balance sheet|||
|Accounting
policies|||
|Notes to the accounts||10|
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|Trustees||Dr Donald John MacLean|Dr Donald John MacLean|
|---|---|---|---|
|||Rev. Jon David Payne||
|||Rev. Benjamin Wontrop||
|Charity number||1189657||
|Charity address||Alderman
Fenwick's|House|
|||98-100Pilgrim Street||
|||Newcastle||
|||NE1 6SX||
|Independent|examiner|Kinnair and Company|Limited|
|||Aston House||
|||Redburn
Road||
|||Newcastle
Upon Tyne||
|||NE5 1NB||
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|as at 31August 2|023||||||
|---|---|---|---|---|---|---|
|||Notes||2023||2022f|
|Fixed assets|||||||
|Tangible assets||||13,230||13,862|
|Current assets|||||||
|Debtors||10|31,370||31,666||
|Cash at bank and in|hand||231,778||156,083||
||||263,148||187,749||
|Creditors: amounts|falling due within one year|11|(2,527)||(2,006)||
|Net current assets||||260,621||185,743|
|Net assets||||273,851||199804|
|Funds|||||||
|Unrestricted
funds:|||||||
|-General Fund||13||194,209||120,404|
|||||194,209||120,404|
|Restricted funds:|||||||
|-Restricted fixed asset funds||14||79,642||79,200|
|||||79,642||79,200|
|Total Trust funds||||273851||199804|
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|||2023|2023|2023|2022|
|---|---|---|---|---|---|
|||Unrestrictedf|Restrictedf|Totalf|Totalf|
|UK Gifts and donations||6,907||6,907|45,040|
|Stewardship||1,144|11,752|12,896||
|MTW USA|||3,202|3,202|30,061|
|Shepherds|Fund||38,036|38,036|11,000|
|||8051|52,990|61 041|86,101|
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|||||2023|2023|2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestrictedf|Restrictedf|Totalf|Totalf|
|US Donors||||297,041||297,041|2,286|
|Other income||||1,536||1,536|10,566|
|CAF||||7,461||7,461|4,523|
|||||306,038||306,038|17,375|
|Income|from||activities|||||
|||||2023|2023|2023|2022|
|||||Unrestrictedf|Restrictedf|Totalf|Totalf|
|Tuition|and audit fees|||26,415||26,415|12,745|
|School|ofTheology|||2,593||2,593|1,006|
|Conference||income||17,509||17,509|14,456|
|||||46511||46517|28,207|
|Expenditure:|||Staff|||||
|||||2023|2023|2023|2022|
|||||Unrestrictedf|Restricted|Totalf|Totalf|
|Staffwages||||144,419|11,862|156,281|183,558|
|Intern wages|||||22,912|22,912|23,228|
|Student|stipend||||19,384|19,384|49,090|
|||||144,419|54,158|198,577|255,876|
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|||2023|2023|2023|2022|
|---|---|---|---|---|---|
|||Unrestrictedf|Restrictedf|Totalf|Totalf|
|Library||2,208||2,208|1,844|
|Seminary costs||6,357||6,357||
|Faculty costs||33,437||33.437|42,350|
|School ofTheology||2,972||2,972|5,314|
|Conference attendance||16,241||16,241|11,688|
|US Fundraising|conference|1,625||1,625|5,706|
|Advertising||20,694||20,694|3,159|
|||83,534||83534|70,289|
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|6|Expenditure:||Indirect expenditure||||||
|---|---|---|---|---|---|---|---|---|
||||||2023|2023|2023|2022|
||||||Unrestrictedf|Restrictedf|Totalf|Totalf|
||Rent and rates||||28,860||28,860|24,691|
||Refreshments||||1,547||1,547|1,637|
||Stationery
and||office consumables||624||624|1,043|
||Furniture
and|equipment|||601||601|1,238|
||Telephone||||50||50|255|
||Software licences||||5,845||5,845|4,597|
||Cleaning||||1,227||1,227|1007|
||Consultancy|fees|||6,884||6,884|1,146|
||Disposal ofassets||||1,342||1,342|0|
||Insurance||||459||459|556|
||Training||||2,137||2,137|564|
||Postage||||52||52|175|
||||||49828||49628|40,612|
|7|Expenditure:||Legal and professional|fees|||||
||||||2023|2023|2023|2022|
||||||Unrestrictedf|Restricted|Totalf|Totalf|
||Accountancy||||1,860||1,860|1,170|
||ITconsultancy||||3,223||3,223|2400|
||||||5,083||5083|4,095|
|8|Staff costs||||||||
||||||2023|2023|2023|2022|
||||||Unrestricted|Restrictedf|Totalf|Totalf|
||Gross wages||||142,123||142,123|163,247|
||Employers
NIC||||8,615||8,615|15,390|
||Pension costs||||2,318||2,318|2,021|
||Knox Interns|||||||23,228|
||Student
stipend||||19,384||19,384|49,090|
||||||172440||172,440|252,976|
|Average number ofstaff during the year|2023|2022|
|---|---|---|
||Number|Number|
|Staff- part-time|||
|Staff- full-time|||
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||||||||||Plant and||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||equipment||
||||||||||R||
||Cost||||||||||
||At 1 September 2022
Additions
Disposals||||||||18,485
3,303
~1,877||
||At 31 August 2023||||||||19,911||
||Depreciation||||||||||
||At 1 September 2022||||||||4,623||
||Charge for the year
On disposals||||||||2,527
~469||
||At 31 August 2023||||||||6681||
||Net book value||||||||||
||At 31August 2023||||||||13,230||
||At 31 August 2022||||||||13,862||
|10|Debtors||||||||2023|2022f|
||GiR Aid Debtor||||||||28,000|28,000|
||Prepayments
and accrued income||||||||3,370||
||||||||||31,370|31,666|
||Creditors: amounts||falling due within||one year||||2023|2022|
||||||||||R|R|
||Other taxes and social security costs||||||||667|986|
||Accruals and deferred||income||||||1,860|1,020|
||||||||||2,527|2,006|
|13|General fund||||||||2023|2022|
||Net incoming
(outgoing) resources||||||||75,415|(241,959)|
||Brought forward||||||||120,404|441,563|
||Transfer to restricted
Prior period transfer|funds from general
adjusted
for|||fund||||(1,610)|(41,061)
~38,139|
||Carried forward||||||||194,209|120,404|
|||||||||||Balance|
|||||||Balance at||||at|
||Restricted funds|||||31.08.22|Rec'd in yr
E|Paid in yr
R|Transfer
E|31.08.23f|
||Knox Scholarship|||||31,500||||31,500|
||Shepherds
Fund
1|||||22,300||||22,300|
||Shepherds
Fund 2||||||23,000|||23,000|
||Ambassadors
Fund|1||||12,700||12,700|||
||Ambassadors
Fund|2||||12,700||12,700|||
||Community
Bible Church,||||||||||
||Savannah,
Georgia||||||24,600|24,600|||
||Hoist Balance||||||1,550||(1,550)||
||James Fund||||||5,450|4,158|1,550|2,842|
||Total|||||79,200|54,600|54,158||79,642|
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|Restricted funds are|Restricted funds are|ringfenced|scholarships|as follows:|2023|2022|
|---|---|---|---|---|---|---|
|||||||R|
|Ambassadors
Fund||1||||12,700|
|Ambassadors
Fund||2||||12,700|
|Knox Scholarship|||||31,500|31,500|
|The James Fund|||||2,842||
|Shepherds
Fund|||||45,300|22,300|
||||||79642|79,20D|
|Ambassador
Fund|1||||||
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