| CO~S | PAGE |
|---|---|
| Trustees Report | 1-2 |
| Independent Examiners Report |
|
| Statement ofFinancial Activities | |
| Balance Sheet | |
| Notes to the Financial Statements | 6-9 |
| ' | |||
|---|---|---|---|
| CHAIR, | Reverend Tae Kyu Kim | ||
| TRUSTEES: | Dr S Son (Treasurer) | ||
| DrEChoi | |||
| DrI Shim | |||
| Mrs C H Lee (appointed | 24/4/22) | ||
| PRINCIPAL OFFICE; | 5 Howgate Road | ||
| Cambridge | |||
| CB43XL | |||
| CHARITY NUMBER'. | 1192216 | ||
| CHARITY INCORPORATION | NUMBER; | CE023263 | |
| INDEPENDENTE~R: | Ian Shipley FCCA | ||
| For and on behalf of; | |||
| Prentis &Co LLP | |||
| Chartered Accountants |
|||
| &Independent Examiners |
|||
| 115cMilton Road | |||
| Cambridge | |||
| CB4 1XE | |||
| BANKERS; | Barclays Bank | ||
| 1 Churchill Place |
|||
| London | |||
| E145HP |
| The object | ofthe CIO is to advance | the Christian faith for |
the benefit ofthe public, through | for example without |
|---|---|---|---|---|
| limitation | by: | |||
| (I) | regular public worship, | prayer, Bible study, | preaching and teaching; |
|
| (2) | the Communion ofthe |
Lord's Supper which | shall normally be observed at least once a year; | |
| (3) | evangelism and mission, locally, regionally, |
nationally and internationally; |
||
| (4) | the teaching, encouragement, welcome and |
inclusion ofyoung people; | ||
| (5) | nurture and growth of |
Christian disciples; | ||
| (6) | giving and encouraging | pastoral care; | ||
| (7) | encouraging relationships with and supporting other Christians. |
| Total | Total | |||
|---|---|---|---|---|
| Unrestricted | Unrestricted | |||
| 2022 | 2021 | |||
| INCOME | Notes | 6 | ||
| Donations and grants |
100,301 | 88,357 | ||
| Transfer ofentity | 134,552 | |||
| TOTAL INCOME | 100,301 | 222,909 | ||
| EXPENDITURE | 105,283 | 84,516 | ||
| TOTAL EXPENDITURE | 105,283 | 84,516 | ||
| NET MOVEMENT | IN FUNDS FOR THE YEAR | (4,982) | 138,393 | |
| RECONCILIATION | OFFUNDS | |||
| Total fimd balance brought | forward | 138,393 | ||
| Total fimd balance carried | forward | 133,411 | 138,393 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Notes | 8 | |||
| FIXEDASSETS | 768 | 882 | ||
| CURRAGH ASSETS | ||||
| Cash at bank | 139,755 | 144,198 | ||
| Debtors TOTALC~ASSETS |
541 140,296 |
403 144,601 |
||
| ~LIABILITIES | ||||
| Creditors | 7,653 | 7,090 | ||
| NETC~ASSETS | 132,643 | 137,511 | ||
| TOTAL NET ASSETS | 133,411 | 138,393 | ||
| THE FUNDS OF THE~ | ||||
| Unrestricted income funds |
133,411 | 138,393 | ||
| TOTAL CHAIUTY FUNDS | 133,411 | 138,393 |
| EXPENDITURE ON CHAIUTABLE ACTIVITIES | EXPENDITURE ON CHAIUTABLE ACTIVITIES | EXPENDITURE ON CHAIUTABLE ACTIVITIES | EXPENDITURE ON CHAIUTABLE ACTIVITIES | Total | Total |
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| 2022 | 2021 | ||||
| 8 | |||||
| Gross wages | 69,575 | 53,300 | |||
| Employer's pension |
1,691 | 1,240 | |||
| Employer's National |
Insurance | 2,401 | |||
| Insurance | 318 | 272 | |||
| Accountancy | 1,387 | 1,384 | |||
| Postage, stationery | and advertising | 498 | 200 | ||
| Housing support |
330 | ||||
| Speakers | 630 | 911 | |||
| Missionaries | 10,286 | 11,872 | |||
| Rent | 6,191 | 540 | |||
| Remembrance | 500 | 150 | |||
| Safeguarding | 467 | 669 | |||
| Software and | subscriptions | 758 | 503 | ||
| Professional | fees | 9,164 | |||
| Miscellaneous | 448 | 36 | |||
| Depreciation | 354 | 294 | |||
| Bank charges | 45 | ||||
| Independent | Examination | fee | 1,500 | 1,250 | |
| Sunday School | 3,675 | 2,356 | |||
| Donations | 1,500 | ||||
| Books | 161 | ||||
| Travel | 1,931 | ||||
| Church Events | 1,012 | ||||
| 105,283 | 84,516 | ||||
| STAFF COSTS | 2022 | 2021 | |||
| f. | |||||
| Salaries | 69,575 | 53,300 |
| HE FINANCIAL ST | ~S | |||||
|---|---|---|---|---|---|---|
| FIXEDASSETS | Computer | |||||
| - CURRENT YEAR | Drum | Equipment | Total | |||
| COST | 6 | |||||
| Balance at 1stDecember 2021 | 1,176 | 1,176 | ||||
| Additions | 240 | 240 | ||||
| Balance at 30th November | 2022 | 240 | 1,176 | 1,416 | ||
| DEPRECIATION | ||||||
| Balance at 1stDecember 2021 | 294 | 294 | ||||
| Charge for the year | 60 | 294 | 354 | |||
| Balance at 30th November | 2022 | 60 | 588 | 648 | ||
| NET BOOK VALUE AT | 30th November | 2022 | 180 | 588 | 768 | |
| FIXEDASSETS | Computer | |||||
| - PRIOR YEAR | Equipment | |||||
| COST | ||||||
| Additions | 1,176 | |||||
| Balance at 30th November | 2021 | 1,176 | ||||
| DEPRECIATION | ||||||
| Charge for the period | 294 | |||||
| Balance at 30th November | 2021 | 294 | ||||
| NET BOOK VALUE AT | 30th November | 2021 | 882 | |||
| DEBTORS | 2022 | 2021 | ||||
| Prepayments | 541 | 403 | ||||
| CREDITORS | 2022 | 2021 | ||||
| Net wages and social security | 6,003 | 5,590 | ||||
| Accruals and deferred income | 1,650 | 1,500 | ||||
| 7,653 | 7,090 | |||||
| MOVEMEhK IN FUNDS | Balance at | Balance at | ||||
| —CURRENT YEAR | 1st | 30th | ||||
| December | November | |||||
| 2021 | Income | Expenditure | 2022 | |||
| f. | f, | |||||
| Unrestricted funds |
138,393 | 100,301 | 105,283 | 133,411 |
| STATEMENTS FOR THE YEAR ENDED HE FINANCIAL STAT~S |
STATEMENTS FOR THE YEAR ENDED HE FINANCIAL STAT~S |
30TH NOVEMBER 2022 | |||
|---|---|---|---|---|---|
| MOVEMENT IN FUNDS | Balance at | Balance at | |||
| -PRIOR YEAR | 6th | 30th | |||
| November | November | ||||
| 2020 | Income | Expenditure | 2021 | ||
| f. | |||||
| Unrestricted | funds | 222,909 | 84,516 | 138,393 |