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2023-12-31-accounts

Page
Company information
Trustees' and Directors' Annual Report 2-4
Statement of Trustees' Responsibilities 5
lndependent Auditor's Report 6-9
Statement of Financial Activities 10
Balance Sheet 11
Notes totheFinancial Accounts 12-16

Unrestricted Restricted Total Total
lncome andExpenditure Notes Funds Funds 2023 2022
t t f
lncomeandendowments from
Donations and legacies 2
Other 4 27,464 27,464
Total lncomingResources 27,464 27 464 0
Expenditureon
Grants made 3
Others 26,807 26,807 173
TotalResources Expended 5 26,807 26,807 173
Net(Outgoing)/ lncomingResources 657 657 (173)
Transfersbetween funds
NetMovement inFunds 657 657 (173)
Fund balances broughtfon¡vard 10 13,587 13,587 13,760
Fund balances carriedfonruard 10 14,244 14,244 13,587

at
31Decemb

er2023
Notes 2023 2022
â e
Fixed Assets
lnvestments 7 100 100
100 100
Current Assets
Debtors I 30,114 6,036
Cash at bank and inhand 46,731 66,974
76,845 73,010
Creditors: Amounts falling due
within oneyear I 62,701 59,523
62,701 59,523
NetCurrentAssets/(liabiltiies) 14,144 13,487
NetAssets /(liabilities) 14,244 13,587
Funds
Unrestricted 14,244 13,587
Restricted
14,244 13,587

GrantstoSeventh-dayAdventiste ntitiesdur¡ng the periodwereas follows:
Unrestr¡cted
Funds
€€
Restricted
Funds
Total
2023
Total
2022
t
Total Grants Made
4. Otherlncome Unrestricted Restricted Total Total
Funds Funds 2023 2022
E €. e Ê
Miscellaneous lncome 27,464 27,464
27.464 27,464

5.TotalResources Expended
Unrestr¡cted Restr¡cted Total Total
Funds Funds 2023 2022
C Ê c
Grantsprogramme
Othercosts 26,807 26,807 173
TotalExpend¡ture 807
26
26,807 '173

Total Total
2023t 2022
Ê
Netprofit/loss after taxation (16,649) (6.451)
Aggregate capital and reserves (16,684) (35)
LDebtors Total Total
2023 2022
â f
Duefrom subsidiary undertaking 30,114 6,036
30,114 6"036
9.Creditors: Amounts fallingduewithinone year
Dueto parent charity 62,701 7,384
Loanfrombenefactor 34,720
DuetoBeneficiaries of estates 13,762
Other Creditors 3,657
62,701 59,523

10,Analysis offunds Balance at
January 1st
Movement
lncoming
Rêsources
Outgo¡ng
Transfer
betweenfunds
Balance at
December3lst
2023
t
t 2023t
Restricted funds
General funds '13,587 27,464 (26,807) 14,244
Totalfunds 27
11,Totalfunds Unrestricted Restricted Total
Funds Funds Funds
Ê
lnvestments 100 100
Net current assets 14,144 14,144
14,244 14.244