| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details ofthe charity, | its Trustees and advisers | ||
| Trustees' report |
2-10 | |||
| Independent auditor's |
report on the financial statements | 11-14 | ||
| Statement offinancial | activities | 15 | ||
| Balance sheet | 16 | |||
| Notes to the financial | statements | 17-34 |
| FOR T | HE YEA | R ENDED 31 D | ECEMBER 2022 | |||
|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | |||
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| Note | f | E | f | f | ||
| Income from: | ||||||
| Donations and legacies |
23,379 | 150,431 | 173,810 | 264,534 | ||
| Investments | 99,748 | 99,748 | 108,473 | |||
| Total income | 23,379 | 250,179 | 273,558 | 373,007 | ||
| Expenditure on: |
||||||
| Charitable activities |
6 | 38,300 | 238,888 | 277,188 | 240,247 | |
| Total expenditure | 38,300 | 238,888 | 277,188 | 240,247 | ||
| Net (expenditure)flncome | before net | |||||
| (losses)/gains on investments |
(14,921) | 11,291 | (3,630) | 132,760 | ||
| Net (losses)/gains on investments |
(785) | (785) | 101 | |||
| Net (expenditure)/income | (14,921) | 10,506 | (4,415) | 132,861 | ||
| Transfers between funds |
16 | (3,600) | 3,600 | |||
| Net movement in funds |
(18,521) | 14,106 | (4,415) | 132,861 | ||
| Reconciliation offunds: |
||||||
| Total funds brought forward |
670,063 | 646,550 | 1,316,613 | 1,183,752 | ||
| Net movement in funds |
(18,521) | 14,106 | (4,415) | 132,861 | ||
| Total funds carried forward | 651,542 | 660,656 | 1,312,198 | 1,316,613 |
| A | S AT 31 D | ECEMBER 20 | 22 | ||||
|---|---|---|---|---|---|---|---|
| As restated | |||||||
| 2022 | 2021 | ||||||
| Note | 6 | ||||||
| Fixed assets | |||||||
| Tangible assets | 10 | 3,569,723 | 3,607,429 | ||||
| Investments | 10,035 | 10,820 | |||||
| 3,579,758 | 3,618,249 | ||||||
| Current assets | |||||||
| Debtors | 12 | 898,206 | 935,499 | ||||
| Cash at bank and | in hand | 135,394 | 104,531 | ||||
| 1,033,600 | 1,040,030 | ||||||
| Creditors: amounts | falling due within | ||||||
| one year | 13 | (74,935) | (84,719) | ||||
| Net current assets | 958,665 | 955,311 | |||||
| Total assets less current | liabilities | 4,538,423 | 4,573,560 | ||||
| Creditors: amounts | falling due after | ||||||
| more than one year | 14 | (3,226,225) | (3,256,947) | ||||
| Total net assets | 1,312,198 | 1,316,613 | |||||
| Chadty funds | |||||||
| Restricted funds | 16 | 651,542 | 670,063 | ||||
| Unrestricted funds |
16 | 660,656 | 646,550 | ||||
| Total funds | 1,312,198 | 1,316,613 |
| iation is |
provided on the |
following bases: | |
|---|---|---|---|
| Freehold | property | - 2'%%d straight | line method |
| Long-term | leasehold | - 125years | |
| property | |||
| Fixtures and fittings | - 40'%%d reducing | balance method |
| Un- | |||||
|---|---|---|---|---|---|
| Restricted | restricted | Total | |||
| funds | funds | funds | |||
| 2022 | 2022f | 2022 8 |
|||
| Donations | 2,980 | 97,133 | 100,113 | ||
| Legacies | 7,599 | 7,599 | |||
| Grants | 20,399 | 45,500 | 65,899 | ||
| Similar incoming | resources | 199 | 199 | ||
| 23,379 | 150,431 | 173,810 | |||
| Un- | |||||
| Restricted | restricted | Total | |||
| funds | funds | funds | |||
| 2021 | 2021 | 2021 | |||
| F | E | ||||
| Donations | 19,613 | 132,200 | 151,813 | ||
| Legacies | 48,000 | 48,000 | |||
| Grants | 37,921 | 37,921 | |||
| Government | grants | 20,500 | 20,500 | ||
| Similar incoming | resources | 6,300 | 6,300 | ||
| 40,113 | 224,421 | 264,534 |
| Un- | |||
|---|---|---|---|
| restricted | Total | ||
| funds | funds | ||
| 2022 | 2022 | ||
| E | |||
| Rental income from church properties | 63,150 | 63,150 | |
| Dividends | and interest received | 36,598 | 36,598 |
| 99,748 | 99,748 |
| Un- | |||
|---|---|---|---|
| restricted | Total | ||
| funds | funds | ||
| 2021 | 2021 | ||
| E | F | ||
| Rental income from church properties | 63,205 | 63,205 | |
| Dividends | and interest received | 45,268 | 45,268 |
| 108,473 | 108,473 |
| Un- | ||||
|---|---|---|---|---|
| Restricted | restricted | |||
| funds | funds | Total | ||
| 2022 f. |
2022 F |
2022f | ||
| Grants payable | 400 | 3,480 | 3,880 | |
| Employment | costs | 7,749 | 104,988 | 112,737 |
| Depreciation | 21,066 | 24,228 | 45,294 | |
| Governance | Costs | 9,046 | 9,046 | |
| Other direct | costs | 9,085 | 97,146 | 106,231 |
| 38,300 | 238,888 | 277,188 | ||
| Un- | ||||
| Restricted | restricted | |||
| funds | funds | Total | ||
| 2021f | 2021f | 2021 | ||
| Grants payable | 4,986 | 4,986 | ||
| Employment | costs | 89,794 | 89,794 | |
| Depreciation | 21,066 | 25,369 | 46,435 | |
| Governance | costs | 6,590 | 6,590 | |
| Other direct | costs | 23,006 | 69,436 | 92,442 |
| 44,072 | 196,175 | 240,247 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| E | |||||
| Wages and | salaries | 105,638 | 76,893 | ||
| Social security costs | 3,921 | ||||
| Contribution | to defined | contribution | pension schemes | 3,178 | 12,901 |
| 112,737 | 89,794 |
| 2022 | 2021 |
|---|---|
| No. | No. |
| Trustees | |
|---|---|
| Church | Running |
| Special | Projects |
| Long-term | ||||
|---|---|---|---|---|
| Freehold | leasehold | Fixtures and | ||
| property | property | fittings | Total | |
| 8 | F | 6 | ||
| Cost or valuation | ||||
| At 1 January 2022 | 1,053,310 | 2,713,455 | 49,083 | 3,815,848 |
| Additions | 7,588 | 7,588 | ||
| At 31 December 2022 | 1,053,310 | 2,713,455 | 56,671 | 3,823,436 |
| ~Di 9 |
||||
| At 1 January 2022 | 84,264 | 80,540 | 43,615 | 208,419 |
| Charge for the year | 21,066 | 21,726 | 2,502 | 45,294 |
| At 31 December 2022 | 105,330 | 102,266 | 46,117 | 253,713 |
| Net book value | ||||
| At 31 December 2022 | 947,980 | 2,611,189 | 10,554 | 3,569,723 |
| At 31 December 2021 | 969,046 | 2,632,915 | 5,468 | 3,607,429 |
| Investments | Other fixed | ||||||
|---|---|---|---|---|---|---|---|
| in subsidiary | Unlisted | asset | |||||
| companies f |
investments | investments f |
Total f |
||||
| Cost or valuation | -as restated | ||||||
| At 1 January 2022 | 819 | 10,000 | 10,820 | ||||
| Revaluations | (95) | (690) | (785) | ||||
| At 31 December | 2022 | 724 | 9,310 | 10,035 | |||
| Net book value | |||||||
| At 31 December | 2022 | 724 | 9,310 | 10,035 | |||
| At 31 December | 2021 | 819 | 10,000 | 10,820 | |||
| 12. | Debtors | ||||||
| As restated | |||||||
| 2022 | 2021 | ||||||
| f | f. | ||||||
| Due after more than one | ear | ||||||
| Other debtors | 40,096 | 16,000 | |||||
| 40,096 | 16,000 | ||||||
| Due within one | ear | ||||||
| Amounts owed by group undertakings |
417,800 | 429,886 | |||||
| Other debtors | 438,498 | 489,033 | |||||
| Prepayments and accrued income |
1,812 | 580 | |||||
| 898,206 | 935,499 |
| 2022f | 2021 | ||
|---|---|---|---|
| Mortgage | 6,886 | 8,508 | |
| Other loans | 24,270 | 24,270 | |
| Other creditors | 35,794 | 43,533 | |
| Accruals and deferred | income | 7,985 | 8,408 |
| 74,935 | 84,719 |
| 2022f | 2021 | |
|---|---|---|
| Mortgage | 338,081 | 344,533 |
| Other creditors | 2,888,144 | 2,912,414 |
| 3,226,225 | 3,256,947 |
| 2022f | 2021f | ||||
|---|---|---|---|---|---|
| Payable | or | repayable | by instalments | 306,304 | 310,508 |
| Payable | or | repayable | other than by instalments | 2,766,794 | 2,791,064 |
| 3,073,098 | 3,101,572 |
| As restated | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| E | ||||
| Financial assets | ||||
| Financial assets measured | at fair value through | income and | ||
| expenditure | 10,035 | 10,820 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at 1 | 31 | |||||
| January | Transfers | Gains/ | December | |||
| 2022f | Income 8 |
Expenditure E |
in/out E |
(Losses) F |
2022 E |
|
| Unrestricted | ||||||
| ddid tteedd |
||||||
| funds | ||||||
| Building | ||||||
| Repairs | 127,240 | 127,240 | ||||
| Charitable | ||||||
| Purposes | ||||||
| Continuation | 145,000 | 145,000 | ||||
| 272,240 | 272,240 | |||||
| General funds | ||||||
| General Funds | 374,310 | 250,179 | (238,888) | 3,600 | (785) | 388,416 |
| Total | ||||||
| Unrestricted | ||||||
| funds | 646,550 | 250,179 | (238,888) | 3,600 | (785) | 660,656 |
| Restricted | ||||||
| funds | ||||||
| Redevelop- | ||||||
| ment Fund | 58,403 | 58,403 | ||||
| 67 Ellesmere | ||||||
| Road | 594,046 | (21,066) | 572,980 | |||
| Oak London | 16,814 | 21,180 | (16,524) | (3,600) | 17,870 | |
| Jack Patchey | ||||||
| Foundation | 1,399 | (227) | 1,172 | |||
| Special | ||||||
| Offerings | 800 | 800 | (483) | 1,117 | ||
| 670,063 | 23,379 | (38,300) | (3,600) | 651,542 | ||
| Total offunds | 1,316,613 | 273,558 | (277,188) | (785) | 1,312,198 |
| Statement offu |
nds - prior year | ||||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at | 31 | ||||||
| 1 January | Transfers | Gains/ | December | ||||
| 2021f | Income f |
Expenditure E |
in/outf | (Losses) f |
2021 f |
||
| Unrestricted | |||||||
| ~Di t& |
|||||||
| Building | |||||||
| Repairs | 127,240 | 127,240 | |||||
| Charitable | |||||||
| Purposes | |||||||
| Continuation | 145,000 | 145,000 | |||||
| 272,240 | 272,240 | ||||||
| General funds | |||||||
| General Funds |
237,837 | 332,894 | (196,175) | (347) | 101 | 374,310 | |
| Total | 510,077 | 332,894 | (196,175) | (347) | 101 | 646,550 | |
| Restricted | |||||||
| Redevelop- | |||||||
| ment Fund | 58,403 | 58,403 | |||||
| 67Ellesmere | |||||||
| Road | 615,112 | (21,066) | 594,046 | ||||
| Oak London | 17,013 | (199) | 16,814 | ||||
| Jack Patchey | |||||||
| Foundation | 159 | (506) | 347 | ||||
| Furlough Grant |
20,500 | (20,500) | |||||
| Special | |||||||
| Offerings | 2,600 | (1,800) | 800 | ||||
| 673,674 | 40,113 | (44,071) | 347 | 670,063 | |||
| Total offunds | 1,183,751 | 373,007 | (240,246) | 101 | 1,316,613 |
| Un- | ||||
|---|---|---|---|---|
| Restncted | restricted | Total | ||
| funds | funds | funds | ||
| 2022f | 2022f | 2022 | ||
| Tangible | fixed assets | 572,980 | 2,996,743 | 3,569,723 |
| Fixed asset investments | 10,035 | 10,035 | ||
| Debtors | due after more than one year | 40,096 | 40,096 | |
| Current | assets | 78,562 | 914,942 | 993,504 |
| Creditors | due within one year | (74,935) | (74,935) | |
| Creditors | due in more than one year | (3,226,225) | (3,226,225) | |
| Total | 651,542 | 660,656 | 1,312,198 |
| Analysis | of net assets between funds - prior yea |
r | ||
|---|---|---|---|---|
| Un- | ||||
| Restricted | restricted | Total | ||
| funds | funds | funds | ||
| 2021f | 2021f | 2021f | ||
| Tangible | fixed assets | 594,046 | 3,013,383 | 3,607,429 |
| Fixed asset investments | 10,820 | 10,820 | ||
| Debtors | due after more than one year | 16,000 | 16,000 | |
| Current | assets | 76,017 | 948,013 | 1,024,030 |
| Creditors | due within one year | (84,719) | (84,719) | |
| Creditors | due in more than one year | (3,256,947) | (3,256,947) | |
| Total | 670,063 | 646,550 | 1,316,613 |