Peckham Park Road Baptist Church
Registered Charity Number: 1194671
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED
31st MARCH 2023

Peckham Park Road Baptist Church
Contents of the Flnancial Statement$ for the Yèar Ended 31 March 2023
Page
Report of the Trustees
Independent Examiner's R$port
ststernent of Finanaal Activities
8alanee Sh8el
Notes to the Financial Statements

Peckham Park Road Baptist Church
Trustee's, Report
For the year ended 31st March 2023
The TTUStees present their annual report together with the financAal statements of Peckharn Park Road Baptist
Church for the year ended 31 Mar¢h 2023.
The Ttustees Gonfim that the Annual report and financial ststemenls of the charity Gomply with the Gurrenl
statutory requirements, the requirements of the Charit￿s governing docum&nt and thè provisions ol the
Slalernenl of Recommended Practice Charities FRS 102 (SORPI Accounting ané Reporting by Charities,,
Charity Name.. PeckhJrn Patk Road Baptist Church
Charity registration number.. 1194671
Registered office.. Peckham Park Road Baptist, 121 Peckham Part( Road, London, SE15 6SX
Board of Trustees:
The trustees in office during the year were 2s follows..
Reverend Ann Luther (Chairl
Winifred Kanu
Alice Jenkins
Adelodun Adetunji
Andrew Simon Webber
Abiodun Opara
Hortense Donaldson
(Appointed on 02107120221
IAppoinled on 02107120221
{Resignecl on 30109120221
{Resigned on 30109120221
Accountants:
Moore Kingston Smith LLP, Orbital House, 20 Eastem Road, Romford RM1 3PJ
Objectives ol the tharity
The prinGipal purposes of Peckham Pafk Road Baptist Church {PPRBC} are:_
The advancement of the Christian faith according to the principles of the Baptist denomination.
The Church fflay also advance education and cary out other charitable purposes in the United Kingdom andlor
other parts of the world.
Revlew of Progress
During this year the Church continued to run a regular programme of weekly worship services and prayer and
study groups. These are open to everyone. Numbers attendi￿￿ services have declined since the pandemic and
the regular ¢hildren's group in the Sunday sèrvice is not currently operating.
Al present we have 55 members {2022'. 591 on our Church role. Through this year we baptised one person. We
sadly lost 2 elderly members.
rhe Pastor has moved into working on a part-time basis, with a view to looking at laklng on 8 young adult's stsff
worker.
The pastoral care team continues to keep in touch with housebound members by wsits and phone calls. OLtr
Phoneline project was disGonlinu8d as in5ufficienl calls were received.
Page 1

Peckham Park Road Baptist Church
Trustee's. Report
For the year ended 31st March 2023
Revlew of Progrèss cont.
The outreach team continued to engage with the local community through various èvangèlistic initialives. Along
with many other community groups we held a Platinum J￿bilee Te8 Party in June. The hospiiality team provided
a wonderful spraad which drew a diverse and enthusiastic crowd together and a good lime wes had by all.
Different groups broughl contribulions in the form of songs in their own languages and these were greatly
appreciated.
Our Friday evening Kidsclub continues lo flotjrish with about 20 ¢hildrtsn in regular attendance. The weekly
programme is siJppl8menled by trips and holiday acltvilies. We ran the Junior Apprentice project in the Summer
holidays which saw 30 young people here for 2 we&ks, engaged in 8 variety of tasks and activities.
Followng a prolonged discussion wY(h the LBA regarding the development of our prernises we rejected the pl8n
which was suggested. Too much land was taken for commercial gain, leaving us severely short on space. We
will not pursue this roule any further.
Revlew of Flnanclal Posltlon
The tot21 rèceipts on unreslricled funds was £68.88712022'. £63.1751. This includes both Church offerings 2nd
rental incomes from user groups. Restricted donations of £3,710 (2Q22.. £6,470) were also received and are
detalled in the financial stalernent.
The Gift Aid received showed a decreasè from the prèvious year.
£24,02712022'. £29,372I was spent on salaries during the year. No part-time Church administrator was
employed in the current year.
The net result for the year was an excess of receipts ovar expenditure of £3,67212022.' éeficit £2,746).
Statement of Public Benefit
The Church premises continued to be available to the various community groups which stayed open thfoughoul
the p8ndemi¢. The foodbanks and Asylum Seekers Day Centr8 both adapted the delivery of their services to be
able to continue Éo function and meet the needs of very vulnerable peopl8 whi18 aC￿mMOdatIng reslriclions.
We a￿ situated in an area where there is a growing amount of property devekjpment to the delrimenl of the
local neighbourhood. Community space is decreasing and we have recenuy been able lo offer space lo several
local community groups at affordable rents. These include a music school and a ¢hildr&n's drama group
Our own a¢tivilie5 are open lo all our community. They include a women's cèntr8, Kidsclub, an annual seaside
coach trip and holiday youth proje¢ts_ A Community Phoneline was also established with a view lo providing
local people who had been shut in during lo¢kdown lo speak vllh a Ir¢endly voice.
Res•rve$ Policy
It is Church policy to maintsin Savings which would cover 3 months of expenditur& for the Church to contsnue to
operate. This equates to £17,231 and thè Church has free reserves of £7,436 for this purpose. We are working
on achièving our optimal free reserves12vel which we expect lo meet in 2025,
The building fund has continued to provide costs for small areas of maintenance and has also paid towards the
Surveyors feés for the proposed development of the Church premises.
Page 2

Peckham Park Road Baptist Church
Trustee's. Report
For the year ended 31 st March 2023
Future Developments
On a brighter note we are Continuing in discussion with two smaller local Baptist Churches wth the possibility of
merging with them to become Peckham Baptist Church.
Statement of Trustees, Re5POn5ibilities
The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance
with applicable law and United Kingdom A¢wunting Standards (United Kingdom Generally Accepted
Accounting Praclicel.
The law applicable lo charities in England and Wales requires the Trustees lo prepare financial ststements for
each financial year which give a true and fair view tsf the stsle of affairs of the Charity and of the incoming
resources and applicallon of resources for that period.
In preparing those financial statements the Trustees are required to..
Select suitable accounting policies and then apply them consistently.,
Observe the methods and principles in the Charttses SORP",
Make ludgments and estimates that are reasonable ané prudent.,
Prepare the financial slalemenls on a going ¢tsn￿M basis unless il is inappropriate to presume that the
charity will continue in business.
The Trustees ar8 responsible for keeping proper accounting records that disclose wlh reasonable aGGuracy at
any time the financial position of the charity and lo enable them lo ensure the finan¢i81 statements comply wth
the Charllies Act 2011, the Charities SORP and the provisions ol the trust deeds. They are also responsible for
safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection
of fraud and other irregularities.
This report has been approved by the Execulive Committee and signed on their behalf
Dat8..
Reverend Ann Luther
Chair and Reverend
P29e 3

Independent Examiner's Report to the Trustees of
Peckham Park Road Baptist Church
For the year ended 31st March 2023
I report to the trustees on my examination of the accounts of Peckh8m Park Road Baptist Church for the year
ended 31 March 2023.
Responsibllitia$ and basls of report
As the charity trustees of th8 TTUSt you are responsible for the preparation of the accounts in accordance with
I report in respect of my examin8tion of the Trust's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 145151{bl of the Act.
Indèpèndent èxaminer's st8tem8nt
I have GomplEled Iny exarllination. I confirm that no mallers have corne to my attention in connéction wth the
@xamination giving ma cause to believe-
accounting records were nol kept in respect of the Trust as required by secb'on 130 of the Act,. or
the accounts do not a￿rd with those records.
the accounts do not comply wth the applicsble requirements concerning the fom and content of accounts
sel out in the Charities (Accounts and Reportsl Regulations 2008 other than any requirement that the
aGcounls give a 'lrue and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection ￿rith thè examination to which
attention should be drgwTr in this report in order to enable a proper understanding of the accounts to be
reached.
Karen Wardall
Partner, MO0￿ Klngston Smlth LLP
For and on behalf of Moore Kingston Smith LLP
Chartered Accountants
Dale.. 25 September 2023
Orbital Hous6
20 Eastern Road
Romford
RM1 3PJ
Page4

Peckham Park Road Baptist Church
Statement of Financial Activities
For the year ended 31st March 2023
Restricted
Funds
2023
Unr¢stri¢tod
Funds
2023
Total
Funds
2023
Total
Funds
2022
Notes
Income from-
Donations and grants
43,616
51,704
Other income
600
28,365
28,965
17,939
Investment income received
16
16
Total
3,710
68.887
72,597
69.644
Ex
endlture on-
Raising funds
Charilablo activities
438
68,487
68,925
72,390
Total
438
68,487
68,925
72.390
Net Incomellexpendlturel
3,272
400
3,672
(2,7461
Transfers between funds
12,6001
2,600
Other racognisad gainslllosse$}:
Actuarial Ilossesllgains on defined
benefit pens¥)n schemes
15.700
15,700
(15,7001
Nel movements in ftjnds
672
18,700
19,372
18,4461
Reconciliation of funds-
Fund balance at 1 April 2022
Fund balan¢e at 31 March 2023
5,235
5.907
11,264
7,436
6,029
13,343
12,417
6,029
Th6 not6s on pages 7 to 11 fomi part of these financial statements.
All incoming resources and resources expended derive frorn continuing activities.
There are no recognisad gains or losses other than the surplLa$ for the year.
A separate Income and Expenditure Account has not been prepared as il woulé not materially dKfer from the
Stslemenl of Financial Aclivilies.
Page 5

Peckham Park Road Baptist Church
Balance sheet
As at 31st March 2023
2023
2022
Notes
Flxed Assets
1,790,000
1,790,000
Current Assets
Cash at bank
14,866
1.804,866
11,840
1,801,840
Current LSabilitlès
Crèditors.. amounts f811ing due
within one year
Net assets excluding pen$ion liabillty
1,803.343
1,799,671
Defined benefit pension
scheme liability
115,7001
Net asset5
1803 343
1783 971
Represented by..
Unrestricted funds
Revaluation reserve
Pension reserve
Restricted funds
7,436
1,790,000
4,436
1,790,000
{15,700)
5,235
5,907
Total funds
1 803 343
1 783 971
The Annual Report and Accounts were approved for issue by the Executlve CommSttee and slgned on their
behalf by..
Dale..
Rev Ann Luther
Chair and Reverend
The notes on pages 7 to 14 fomi part of these financial statements.
Page 6

Peckham Park Road Baptist Church
Notes to the Financial Statements
For the year ended 31st March 2023
Accountlng Policies
Charity Informatlon
Registered office. Peckham Park Road Baptist, 121 Pe¢kham Park Road. London. SE15 6SX
Basis of preparation
These financial statements are preparèd on a going Concem basis, under the historical cost
convention modified for the revaluation of listed invesknenls and ￿rtain property assets which are
accounted for at mafkel value.
The financial slalements have been prepared in accordance wlth Secllon IA of FRS 102 The
Financlal Reporting Standard applicable in the UK and Republi¢ of Ireland" I'FRS 102.1, including
update Bulletin 2. The Charity is a public benefit entity for the purposes of FRS 102 and therefore
the charity also prepared its financial statements in accordance wth the Sialemenl of
Recommended Practice applicable to chajilies preparing their accounts in accordance wtth the
Financial Reporting Standard applicable in the UK and Republic of Ireland IThe FRS 102 Charities
SORPI, and lh8 Charilias Act 2011.
The financial slalemenls are prepared in sterling, which is the functional currency of the charity.
Monetsry amounts in these financial statements are rounded lo the nearest pound.
Going concern
The trustees hav8 assessed whether the use of the going ¢oncern basis is appropriate and have
considered possible evenls or condilioris that might cast significant doubt on the ability of the
charitable entity to continue as a going concem. The trvstees have made this assessment for a
period of at least one year from thg date of approval of the financial stalemenls. In particular the
trustees have considored the chari18ble entity's forecasts and projections and have taken account of
pressures on donation and investment income. After making 6nquiries the trustees have concluded
that there is a reasonable expectation that Ihe charitable entity has adequate resour¢es to continue
in operational èxistence for the foreseeable future and there are no material uncertainties. The
Iruslees therefore conlinues to adopt the going Goncerll basis in preparing its financial slalements.
Fund$
Unreslricted funds r8presenl the funds of the IrLfStees that are not subject to any restrictions
regarding their use and are available for application on the oeneral purposes of the charity.
The reslricled funds can only be spent on the purpose for which they were given.
The accounts include all transactions, assets and li8bililies for which the Iwstees is responsible in
law. They do not include the accounts of chLJrch groups that owe their rllain affiliation to another
K>dy 01 those that are informal gatherings of church rnembers.
Page 7

Peckham Park Road Baptist Church
Notes to the Financial Statements
For the year ended 31st March 2023
Incoma
Al income is incjuded in th8 Stat8m8nt of financial activities when the charity is entrtled to receive the
incorne and the amount can be quanlifiecl with reasonable accuracy. Th8 following policies are
applied to particular calegorles of Income..
Donations and grants
Planned giving receivable under covenant is rewnised only when receivéd.
Income tax recoverable on Covenants or gift aid donations is recognised when the income is
recognised.
Grants and lega¢ies are accounted for as soon as the trustees are notified of its legal entillemenl,
the amount due is measurable and rts ultimate receipt is probable.
Other Income
Minibus Hire income from lelling of mini bus is recognised when rental is due.
Rental income from the letting of church owned property is recognised when Ihe rental is due.
InveslnTenl Income
Interest is accounted for when receivable.
Expenditure
Expendtture is recognised on an accrual basis as a liability is InCu￿e￿. Expendibjre includes VAT,
and is reported as part of the expenditure lo which it relates..
Raising funds
Costs of raising funds comprise the costs associatéd wth aitracting voluntary income.
Cljarilable expendilure
Comprises those costs incurred by th& ¢harily in the delivery of ils activities and services for ils
beneficiaries. 11 includes both costs that can be allocated directly lo such activities and those costs
of an indirect naturè necessary to support them.
All costs are allocated between the expenditure categories of the SOFA on a basis dasigned lo
rellect the use of the resource and set out in Mole 4.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
inslrumenls. B8sic fin8nu81 instruments are initi8lly recognised 8t transaction value and
subsequently measured at their settlement value.
Fixed Assets
Incomg generating property
Income generating property is shown at fair value. The Church hall is held al ils fair value as
independently valued in 2019.
Pensl¢n costs
The costs of retirement benefits are provided through the Baptist Pension Scheme, a
multi-employer scheme.
The Church also recognises its liability in ￿SpeCt ol deficit reduclton arrangements of the historic
defined benefit section of the Baptist Pension Scheme for two previous officers of the Church.
As information is not available to use dèfined bènefit accoijnlsng. in accordance with the
requirements of FRS102, the Church accounts for these payTnenls as if they are defined
contribution schemes.
Page 8

Peckham Park Road Baptist Church
Notes to the Financial Statements
For the year ended 31st March 2023
Pension costs cont.
The Church's Gonlribulion to these sch8mes are recognised as a liability and an eX￿￿Se,
in the period in which the salaries to which th8 eonlribulions r818le ara payable.
Cash and cash equivalenls
Cash and cash equivalents include cash in hand and deposits held at c811 with banks.
Page 9

Peckham Park Road Baplist Church
Notes to the Financial Statements
For the year ended 31st March 2023
Total income
Restricted Unrestrictèd
Funds
Fund5
2023
2023
Re$tri¢ted Unraslricted
Funds
Funds
2022
2022
Total
2023
Total
2022
Charltable Income
Donations
Gift Aid Reclaimed
Chur¢h Maintenance Income
Ev8nts Income
Church Phoneline
3, 110 35,231
5,1110
38,341
5,100
3,449
38,652
6,603
42.101
6,603
25
25
3,OOD
3,000
Other Income
Hire of Church Hall/Facililies
inibus Hire
Rental Income
Other Income
13,165
1,900
12,400
900
13,165
1.900
12,400
1,500
8,925
475
8.050
469
8,925
475
8,050
489
600
20
Investment Income
Bank Interest Received
16
3 710 68 887
16
3 Total expenditure
Rèstricted Unrestrlcted
Funds
Fund$
2023
2023
Restrl¢ted Unrestricted
Funds
Funds
2022
2022
Total
2023
Total
2022
Costs directly allocated to activitie$
Church Utilities
Building Maintenance & Cleaning
Council Tax
Church Phoneline
Summer Day Trip
Youth Residential
Training for Church Phoneline
Wages & Salaries(irtJ
Pension
Sundry
Church Insurance
House Insurance
5,795
9,876
1,595
5,795
9,876
1,595
438
795
620
6.337
4,323
1,528
,337
4,323
1.528
1,137
1,200
438
1,137
795
620
1.200
2,295
2,295
29,372
7,073
24,027
4,247
24,027
4,247
29.372
7.073
625
42
625
420
1,554
994
1,554
994
Support costs allocated to activities
Computer and IT costs
Bank Charges
Motor Expenses
Audit. accountancy and payroll
433
77
557
6.734
3,436
1,741
1,098
1,028
3,379
300
1,704
433
77
557
6,734
3,436
1,741
1,098
1,028
3,379
300
1,704
341
96
939
3,722
2,424
3,840
925
1,832
478
341
96
939
3,722
2,424
3,840
925
1,832
478
House Utilities
Fees & Subs¢riptions
Legal Fees
Church Seasonal Materials
Sundry
Minibus Insurance
1,980
1.980
438 68 487
All of the 2022 and 2023 expenditure related to Gharitable a¢livilies.
Page 10

Peckham Park Road Baptist Church
Notes to the Financial Statements
For the year ended 31 st March 2023
4 Trusleas and Employees
The charity had an average of one12022.' two) employees during the year, whose staff cost amounted lo
£24.027 {2022.. £29,372). Additionally, the charity has one12022.' none) seasonal employee.
No emp yee receive
emuneration greater than £60,000 during the year12D22'. none).
The key management personnel are considered lo b8 the I￿$t￿e5. The trustees did not receive any
remuneration nor were reimbursd expenses during the year Current and preceding year.
There were no other disclosab18 transactions respect of Iruslses, persons closely connected w((h them
or other rèlated parties.
5 Taxation
As a charity, Peckham Park Road Baptist Church is exempt from lax on income and gains falling within
$8¢1ion 505 of Ihtr Taxes Act 1988 or $256 of the Taxation of Chargeable Gains A¢t 1992 to the 6xtènt Ihgt
these are applied to ils charitable objects. No tsx charges have arisen in the Charity.
6 Tangible Fixed Assets
Church
Building
Total
2023
Income generating property
Cost or revaluation
Brought forward
Carried forward
1.790,000
1,790.000
1,790,000
1,790.000
Net Book Value - 2023
1,790,000
1,790.000
Net Book Value - 2022
1,790,000
1,790,000
The trustees are of the opinion that the Church hall is held at its tair value as independently valued in 2019.
7 Creditors= Amounts falling due wlthln one year
2023
2022
Other tsxalion and sooal se¢urity
1,522
2,169
Pagé11

Peckham Park Road Baptist Church
Notes to the Financial Statements
For the year ended 31 st March 2023
8 Pensions
Ba
tl$t Pension Scheme
The Church is an ern￿Oyer participating in the Baptist Pension Scheme I'the BPS"), whÈ¢h is administered by the
Pension Trustee (Baptist Pension Trust Limited). The Scheme is a separate legal entity ar>d the assets of the Scheme
are hèld saparately from those ol the Employer and other partlaP81ing employers.
For any month, each participating employer in the Scheme pays contributions as set out in the Schedule of
Contributions in lorGe al that tiwe.
The Scheme ￿S considered lo be a mulliomployer scheme as described in Section 28 of FRS 102. This is because
il Is not posslble to attribute the Scheme's assets and Ilabllities to specific employers and means that
contributions a￿ accounted for as if the Scheme were a defined contribution scheme. The pension costs
charged lo the SOFA in the year are contribulions payable towards benefits and expenses accrued in that year,
plus any imp8cI of defi¢Eency wntributions.
The minister and some members of the church are aligible to join the Scheme.
From January 2012, pension provigion lor the Minister land some mèmbers of staff) is being made through the Defined
Contribution (DCI Plan wlhin the BPS. In general, members pay 80/0 of their Pensionable Income and employers pay 60
of members, Pensionable Income into individual pension accounts, which are operated and managed on behalf of the
Pension Trustee by Legal and Genèral Lrfe Assurance Society Limited. In addition, the employer pays a further 40/0 of
Pensionablè In¢ome lo cover 08ath in ServiGe Benefits, adrninistralion Gosls, and an associated insuranGe policy which
provides income protection for Scheme members in the event that they are unable to work dlte to long-term incap2CIty.
This income protection policy h8s been insured by the Baptist Union of Great Britain with Unum Limited. Members of the
Basic Section pay reduced conlrsbulions of 5'/o of Perisionable Ineome. and their employers alstr pay a total of 5•/..
Benefits in respect of service prior to 1 January 2012 are prowded through the Defined Benefit IDB) Plan within
the BPS. The main berFefits for pre-2012 servicer were a defined benefit pension of one eightieth of Final
Minimum Pensionable Income for each year of Pensionable S8rvi¢8. together with additional pension in r8sp8cI of
premiums paid on Pensionable Income in excess of Minimum Pensionable Income.
The BPS, previously known as the Baplisl Ministers, Pension Fund, stsrted in 1925. The scheme was closed to
future accrual of defined benefits on 31 December 2011. The scheme is not contracted out of the Stale Second
Pension.
The funding of the Dafin8d Benefit IDBI part of the Bapb'st P8nsion Scheme has improved to the point where a buy-in
with an insurance company has been Carried out as a first stage to buying-out the DB which will ensure per)sions wll
continue to be paid whilst removlng risk from the Baptist family.
Al the end of June 2022, the Baptist Pension Scheme signed an agreement with the insurance cornpany Just Group
I'Just'l to secure members, pension benefits under the Defined Benefit I'DB'I Plan. This agreèment is refèrred to as a
'buy-in poll¢l. 11 follows a simllar agreement wlh Just in 2019 that covered most pensions in payment at that lime. The
combined agreements mean that Just are now providing financial backing for all DB pensions provlded through the
Scheme's DB Plan.
Reeovery Plan
As a result of the Buy-ln, this takes the Scheme out of a shortfall position for the first time in decades. Although risks
remain. the Baptist Union and the Tiustee of the Scheme have agreed that deficit contributions from eaGh participating
employer in the Plan wll reduce to just £1 per month from August 20L.
Page 12

Peckham Park Road Baptist Church
Notes to the Financial Statements
For the year ended 31 st March 2023
8 Pensions cont.
The deficit contributions are baséd on an average shara, Èqu8lly weighted by employer, of the overall scheme
deficit and do not reflect individual employer liabilities. The Church has been informed Ihal Ihere is no longer
a fequlremenl lo pay £15,700 to exil the scheme, as previously agreed.
Section 28.11A of FRS 102 requires agreed deficit ￿COVery payments to be r8cognised as a liability. The
movement in the provision is set out in the table below..
2023
Balance sheet liability at year stsrt
Minus deficiency contribLJtions paid
Remaining change to balarkce sheet liabilty Irecognised
in SOFA).
Balance sheet liability at year end
15,700
{15.7001
In¢om¢ and ex
enditure
The total pensiori cost for the Church is sho￿￿ in the table below, with last year's figures shown for cornparison.
2023
2022
BPS Minister seclion
BPS deficit funding contributions
BPS Staff section
2.480
1,767
2.743
4,327
4,247
7.070
No pension contributions were outstanding at the Balance Sheet date12022.' Nill.
9 Movement in funds
At1
April
2022
Incoming
resources
2023
Outgoing
resources
2023
Othar
movements
2023
At31
March
2023
Restricted funds..
Reslricled Building Fund
Church Phoneline
Kidsclub Residential
Spring H8rv6st
2,197
3,038
470 00
2,667
1438)
12,600)
1,240
2.000
3,710
1,240
2,0
5,907
5,235
1438
12,600)
Unrèstrlcted funds=
General fund
Pension reserve
4,436
15,700
111,2641
68.887
168,4871
2,6UO
15,700
18,300
7,436
68,887
168.4871
7,436
Total funds
As the Phoneline project was discontinued. it was agreed with the donors that the remaining restricted funds available
would be transferred to thè Chur¢h's general unrestricted reserve.
Page 13

Peckham Park Road Baptist Church
Notes to the Financial Statements
For the year ended 31st March 2023
9 Movement In funds cont.
Movement in funds in rsspe¢t oflh8 comp8ralive per￿d..
Incoming
résources
Outgoing
resource$
2022
At31
March
2022
April
2021
Transfèrs
2022
2022
Restricted funds:
Restricted Building Fund
Church Phoneline
2,197
2,197
3,038
6.470
13,4321
Unrestricted funds:
General fund
Pension reserve
10,220
63.174
{68,9581
15,700
184,6581
4,436
15,700
111.2641
10,220
63,174
Total funds
10 Related Party Transactions
During the year the eharity had no reSated party Iransaclions.
11 Comparative Statement of Financial Activities
Restricted Unrestrlctad
Funds
Funds
2022
2022
Total
Funds
2022
Income from-
Donations and grants
Other income
Investment income received
6,449
20
45,255
17,919
51,704
17,939
6,470
63,174
69,644
Ex
nditure on:
Raising funds
Charitable activities
3,432
3,432
68,958
68,958
72,390
72,390
Net Incomo11gxp&ndltur•l
3.038
{5.7841
12,746)
Transfers
Other recognised gains I losses
Actuarial loss or gain on dèfined benefit
pension scheme
115,7001
115,7001
Nel movements in funds
3.038
121,4841
118,446)
Reconciliation of funds:
Total funds brought forward
Totsl funds carried forward
2.197
5,235
10,220
11,264
12.417
6,029
Page 14