Registered Charity Number :- 1193756
BEREAN BAPTIST TEMPLE FINANCIAL STATEMENTS
FOR THE YEAR END 31 March 2023
**BEREAN BAPTIST TEMPLE 11 NAPIER STREET SHEFFIELD derrickokrah@gmail.com**
**CONTENTS**
## **BEREAN BAPTIST TEMPLE**
FOR THE YEAR ENDED 31 March 2023
STATEMENT OF FINANCIAL ACTIVITIES ................................................................................................................ 3 BALANCE SHEET ........................................................................................................................................................... 4 NOTES TO THE FINANCIAL STATEMENTS .............................................................................................................. 5
2
**STATEMENT OF FINANCIAL ACTIVITIES**
FOR THE YEAR ENDED 31 March 2023
## **BEREAN BAPTIST TEMPLE**
|**Recommended categories by**
**activity**
**Notes**
**Income and endowments**
**from:**
Donations and legacies
2
**Total**
**Expenditure on:**
Other
3
**Total**
**Net income/(expenditure)**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted funds**
**£**
**Total Funds 2023**
**£**
**Total Funds 2022**
**£**
7,819.05
7,819.05
-|
|---|---|
||**7,819.05**
**7,819.05**
**-**|
||7,805.00
7,805.00
-|
||**7,805.00**
**7,805.00**
**-**|
||**14.05**
**14.05**
**-**|
||**14.05**
**14.05**
**-**
-
-
-|
||**14.05**
**14.05**
**-**|
3
**BEREAN BAPTIST TEMPLE**
**BALANCE SHEET**
FOR THE YEAR ENDED 31 March 2023
|**Recommended categories by**
**activity**
**Notes**
Current assets
Cash at bank and in hand
4
**Total current assets**
**Total net assets or liabilities**
**Funds of the Charity**
Unrestricted funds
5
Restricted income funds
5
Endowment funds
5
**Total funds**|**Unrestricted funds**
**£**
**Total Funds 2023**
**£**
**Total Funds 2022**
**£**
14.05
14.05
-
**14.05**
**14.05**
**-**|
|---|---|
||**14.05**
**14.05**
**-**|
||14.05
14.05
-
-
-
-
-|
||**14.05**
**14.05**
**-**|
The financial statements were approved by the Board on 31-Mar-2023 and signed on its behalf by:
Berean Baptist Temple Berean Baptist Temple
4
**BEREAN BAPTIST TEMPLE**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 March 2023
## **1 Accounting Policies**
## **1.1 Accounting Policies**
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
## **1.2 Basis of preparation**
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
## **1.3 Going concern**
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
## **2 Income from Donations and Legacies**
|**Analysis**
Donation
and gifts|**Unrestricted**
**funds**
**£**
7,819.05
7,819.05|**Total**
**funds 2023**
**£**
7,819.05
7,819.05|**Total**
**funds 2022**
**£**
-|
|---|---|---|---|
||||
-|
5
**BEREAN BAPTIST TEMPLE**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 March 2023
## **3 Other Expenditure**
|**Analysis**
Other
Expenditure|**Unrestricted**
**funds**
**£**
7,805.00
7,805.00|**Total**
**funds 2023**
**£**
7,805.00
7,805.00|**Total**
**funds 2022**
**£**
-|
|---|---|---|---|
||||
-|
## **4 Cash at bank and in hand**
|Barclays|**Total**
**funds**
**2023**
**£**
14.05
14.05|**Total**
**funds**
**2022**
**£**
-|
|---|---|---|
|||
-|
## **5 Charity funds**
## **5.1 Details of material funds held and movements during the CURRENT reporting period**
|**Fund names**
**Unrestricted funds**
**General Fund**
**Total**|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains**
**and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**|
|---|---|
||-
7,819.05
(7,805.00)
-
-
14.05|
||-
7,819.05
(7,805.00)
-
-
14.05|
## **5.2 Transfers between funds This Year**
||**Amount**||
|---|---|---|
||**£**||
|Between unrestricted and restricted funds||-|
|Between endowment and restricted funds||-|
|Between endowment and unrestricted funds||-|
6