| Page | ||
|---|---|---|
| Trustees'report | 1-2 | |
| Independent examiner's |
report | |
| Statement offinancial activities | ||
| Balance sheet | ||
| Statement ofcash flaws | ||
| Notes to the financial statements | 7-16 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2022 | 2022 | |||
| Notes | 6 | 6 | 6 | ||
| ~eggs Donations and |
grants | 3 | 256,212 | 524,016 | 780,228 |
| Other income | 4 | 3 | 3 | ||
| Total income | 256,215 | 524,016 | 780,231 | ||
| EmgntIIhttgJttt; Charitable activities |
5 | 159,251 | 73,251 | 232,502 | |
| Net income forthe periodl | |||||
| Net incoming | resources | 96,964 | 450,765 | 547,729 | |
| Other recognised gains and losses |
|||||
| Other gains or | losses | 11 | 2,517 | 2,517 | |
| Net movement | in funds | 99,481 | 450,765 | 550,246 | |
| Fund balances | at 1 July 2021 | ||||
| Fund balances | at 31 December 2022 | 99,481 | 450,765 | 550,246 |
| 2022 | ||||||
|---|---|---|---|---|---|---|
| Notes | 5 | |||||
| Cash flows from operating | activities | |||||
| Cash generated from/(absorbed by) operations |
20 | 497,313 | ||||
| Investing | activities | |||||
| Purchase | oftangible fixed assets | (37,521) | ||||
| Net cash | used in investing | activities | (37,521) | |||
| Net increase in cash and cash equivalents |
459,792 | |||||
| Cash and | cash equivalents | at beginning | of pediod | |||
| Cash and | cash equivalents | at end of | period | 459,792 |
| Donations | and grants | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | |||
| 2022 | 2022 | 2022 | ||
| 6 | 8 | |||
| Donations | and grants | 256,212 | 524,016 | 780,228 |
| Donations | and grant | |||
| Donations | and gifts | 59,196 | 59,196 | |
| Grants (USA) | 100,571 | 100,571 | ||
| Building grants (USA) | 353,131 | 353,131 | ||
| Ministerial | grants (USA) | 142,650 | 142,650 | |
| Transfer from old charity (OEPC) | 96,445 | 28,235 | 124,680 | |
| 256,212 | 524,016 | 780,228 |
| Charitable a |
ctivi | ties | ||
|---|---|---|---|---|
| Total | ||||
| 2022 | ||||
| 6 | ||||
| Staffcosts | 69,233 | |||
| Depreciation | and | impairment | 619 | |
| Books | 563 | |||
| General office costs | 487 | |||
| Computing costs |
and | licences | 1,245 | |
| Outreach | 10,208 | |||
| Pastor's housing | costs | 30,068 | ||
| Pulpit supply | 250 | |||
| Venue hire | 35,527 | |||
| Church supplies | and | equipment | 1,237 | |
| Travel | 9,357 | |||
| Training | 965 | |||
| Pastor's conference fees &travel | 2,536 | |||
| 162,295 | ||||
| Grant funding | of | activities (see note 6) | 11,356 | |
| Share ofsupport | costs (see note 7) | 1,811 | ||
| Share ofgovernance | costs (see note 7) | 57,040 | ||
| 232,502 | ||||
| Analysis by |
fund | |||
| unrestricted | funds | 159,251 | ||
| Restricted funds | 73,251 | |||
| 232,502 | ||||
| Grants payable | ||||
| Total | ||||
| 2022 | ||||
| K | ||||
| Grants to individuals | 11,356 | |||
| 11,356 |
| Support c | o | sts | ||||
|---|---|---|---|---|---|---|
| Support | Governance | 2022 | ||||
| costs | costs | |||||
| 6 | 6 | |||||
| Insurance | 836 | 836 | ||||
| Credit card | charges | 975 | 975 | |||
| Legal and | professional | 54,880 | 54,880 | |||
| Accountancy | and Independent | Examination | 2,160 | 2,160 | ||
| 1,811 | 57,040 | 58,851 | ||||
| Charitable | activities | 1,811 | 57,040 | 58,851 |
| The average | monthly number ofemployees during the period |
was: |
|---|---|---|
| 2022 | ||
| Number | ||
| Employees | ||
| Employment | costs | 2022 |
| 6 | ||
| Wages and salaries | 60,303 | |
| Social security costs | 3,489 | |
| Other pension costs | 5,441 | |
| 69,233 |
| 11 | Other gains or losses | Other gains or losses | Other gains or losses | |||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | ||||||
| 2022 | ||||||
| E | ||||||
| Foreign exchange gains | (2,517) | |||||
| 12 | Tangible fixed assets | |||||
| Leasehold | Fixtures and | Total | ||||
| premises | fittings | |||||
| 6 | ||||||
| Cost | ||||||
| Additions | 35,000 | 375 | 35,375 | |||
| Transfer from | old charity | 2,146 | 2,146 | |||
| At 31 December 2022 | 35,000 | 2,521 | 37,521 | |||
| Depreciation | and impairment | |||||
| Depreciation | charged | in the period | 619 | 619 | ||
| At 31 December 2022 | 619 | 619 | ||||
| Carrying amount |
||||||
| At 31 December 2022 | 35,000 | 1,902 | 36,902 | |||
| 13 | Debtors | |||||
| 2022 | ||||||
| Amounts falling due |
within one year: | 6 | ||||
| Other debtors | 55,866 | |||||
| 2022 | ||||||
| Amounts falling due |
aRer more than one year: | K | ||||
| Prepayments | and accrued income | 15,000 | ||||
| Total debtors | 70,866 |
| Creditors: amounts f |
alling due within one year | |
|---|---|---|
| 2022f | ||
| Other taxation and social secudity | 19 | |
| Other creditors | 3,911 | |
| Accruals and deferred | income | 13,384 |
| 17,314 |
| Movement | in funds | ||||
|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Balance at | ||
| 1July 2021 | resources | expended | 31 December | ||
| 2022f | |||||
| Building fund | 381,366 | (49,353) | 332,013 | ||
| Ministerial | fund | 142,650 | (23,898) | 118,752 | |
| 524,016 | (73,251) | 450,765 |
| Analysis ofnet assets betwee | n funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | |||
| 2022 | 2022 | 2022 | ||
| 8 | 6 | 6 | ||
| Fund balances are represented | by: | |||
| Tangible assets | 36,902 | 36,902 | ||
| Current assets/(liabilities) | 62,579 | 450,765 | 513,344 | |
| 99,481 | 450,765 | 550,246 |
| 2022 | |||||||
|---|---|---|---|---|---|---|---|
| 5 | |||||||
| Aggregate | compensation | 45,640 | |||||
| 20 | Cash generated from |
operations | 2022f | ||||
| Surplus for | the period | 547,729 | |||||
| Adjustments | for: | ||||||
| Foreign exchange differences | 2,517 | ||||||
| Depreciation and impairment |
oftangible | fixed assets | 619 | ||||
| Movements | in working | capital: | |||||
| (Increase) | in debtors | (70,866) | |||||
| Increase in |
creditors | 17,314 | |||||
| Cash generated from/(absorbed |
by) | operations | 497,313 |