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|---|---|---|
|Trustees'<br>report||1-6|
|Statement ofTrustees'|responsibilities||
|Independent<br>auditor's|report||
|Statement offinancial|activities||
|Balance sheet|||
|Statement ofcash flows||14|
|Notes to the financial|statements|15-32|





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|||Unrestricted|Unrestricted|Restricted|Permanent|Total|Total|
|---|---|---|---|---|---|---|---|
|Notes||funds|funds|funds|endowment|2022|2021|
|||general|designated||funds|||
|||F|E|F|F|||
|Income and endowments|from:|||||||
|Donations<br>and||||||||
|legacies||1,511||321,685||323,196|270,552|
|Other trading||||||||
|activities||7,544||21,285||28,829|12,027|
|Investments||51,499||416||51,915|38,530|
|Other income|||||44,000|44,000||
|Total income and||||||||
|endowments||60,554||343,386|44,000|447,940|321,109|
|Ex enditure on:||||||||
|,RRaisin i funds||||||||
|Fundraising<br>and||||||||
|publicity||8,640||1,335|17,818|27,793|27,138|
|Trading costs||11,776||||11,776|2,576|
|||20,416||1,335|17,818|39,569|29,714|
|Charitable<br>activities||||||||
|Spreading<br>the||||||||
|gospel<br>in the UK||21,636||166,993||188,629|217,828|
|Missionary<br>work in||||||||
|Sierra Leone||||126,479||126,479|83,758|
|||21,636||293,472||315,108|301,586|
|Total expenditure||42,052||294,807|17,818|354,677|331,300|
|Net (losses)/gains||||||||
|on investments||(7,341)|||(28,569)|(35,910)|80,880|
|Net income/||||||||
|(expenditure)||||||||
|before transfers||11,161||48,579|(2,387)|57,353|70,689|





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|Transfers<br>between|Transfers<br>between|||||||
|---|---|---|---|---|---|---|---|
|funds||(2,925)||2,925||||
|Net movement|in funds|8,236||51,504|(2,387)|57,353|70,689|
|Fund balances|at 1|||||||
|July 2021|21,22, 23|68,103|329,819|254,033|4,910,149|5,562,104|5,491,415|
|Fund balances|at|||||||
|30June 2022|21,22, 23|76,339|329,819|305,537|4,907,762|5,619,457|5,562,104|





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|||||||2022||2021||
|---|---|---|---|---|---|---|---|---|---|
||||||Notes|||||
|Fixed assets||||||||||
|Tangible assets|||||15||4,001,036||4,017,686|
|Investment|properties||||16||175,000||175,000|
|Investments|||||17||813,126||849,036|
||||||||4,989,162||5,041,722|
|Current assets||||||||||
|Debtors|||||18|28,580||22,307||
|Cash at bank||and in|hand|||617,161||511,839||
|||||||645,741||534,146||
|Creditors:|amounts||falling due within|||||||
|one year|||||19|(15,446)||(13,764)||
|Net current|assets||||||630,295||520,382|
|Total assets||less current liabilities|||||5,619,457||5,562,104|
|Funds||||||||||
|Permanent|endowment|||funds|21||4,907,762||4,910,149|
|Restricted|funds||||22||305,537||254,033|
|Unrestricted||funds designated|||23||329,819||329,819|
|Unrestricted||funds general|||||76,339||68,103|
||||||||5,619,457||5,562,104|





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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|||||
|Cash flows from operating||activities|||||||
|Cash generated<br>from/(absorbed|||by)|28|||||
|operations||||||54,575||(30,195)|
|Investing|activities||||||||
|Purchase|oftangible<br>fixed assets||||(1,168)||(11,865)||
|Purchase|of investments||||||(300,000)||
|Investment|income received||||51,915||38,530||
|Net cash|generated<br>from/(used||in)||||||
|investing|activities|||||50,747||(273,335)|
|Net cash|used in financing|activities|||||||
|Net increase/(decrease)<br>in||cash and||cash|||||
|equivalents||||||105,322||(303,530)|
|Cash and|cash equivalents|at beginning||ofyear||511,839||815,369|
|Cash and|cash equivalents|at end of||year||617,161||511,839|





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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||general|||general|||
|||2022|2022||2021|2021|2021|
|Donations|and gifts|1,511|244,640|246,151|1,281|243,049|244,330|
|Legacies|receivable||55,803|55,803||||
|Grant income|||21,242|21,242||26,222|26,222|
|||1,511|321,685|323,196|1,281|269,271|270,552|
|Donations|and gifts|||||||
|Donations|and gifts|1,511|209,484|210,995|1,281|228,047|229,328|
|Other income|||11,031|11,031||438|438|
|Freewill offerings|||22,700|22,700||13,714|13,714|
|Donations|for other|||||||
|charities|||1,425|1,425||850|850|
|||1,511|244,640|246,151|1,281|243,049|244,330|



|Unrestricted|Restricted|Total|Restricted|
|---|---|---|---|
|funds|funds||funds|
|general||||
|2022|2022|2022|2021|
|7,544|21,285|28,829|12,027|



|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||general|||general|||
|||2022|2022||2021|2021|2021|
|Rental|income|14,770||14,770|11,910||11,910|
|Interest|receivable|36,729|416|37,145|26,067|553|26,620|
|||51,499|416|51,915|37,977|553|38,530|





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|Endowment|Total|
|---|---|
|funds||
|2022|2021|
|44,000||





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|||Spreading|Missionary|Total|Spreading|Missionary|Total|
|---|---|---|---|---|---|---|---|
|||the gospel|work in|2022|the gospel|work in|2021|
|||in the UKSierra Leone|||in the UKSierra Leone|||
|||2022|2022||2021|2021||
|Staff costs||60,750||60,750|75,592||75,592|
|Trustee<br>liability insurance||866||866|866||866|
|Postage, stationary|and|||||||
|telephone|||||48||48|
|Travelling<br>expenses||593||593|65||65|
|Legal and professional||2,300||2,300|1,647||1,647|
|Property expenses||30,806||30,806|33,402||33,402|
|Church charitable||||||||
|expenses||45,431||45,431|48,260||48,260|
|Sundry expenses||5,881||5,881|3,839||3,839|
|Mission expenses|||126,479|126,479||83,758|83,758|
|||146,627|126,479|273,106|163,719|83,758|247,477|
|Grant funding<br>of activities||||||||
|(see note 9)||29,402||29,402|42,169||42,169|
|Share ofgovernance|costs|||||||
|(see note 10)||12,600||12,600|11,940||11,940|
|||188,629|126,479|315,108|217,828|83,758|301,586|
|Analysis<br>by fund||||||||
|Unrestricted<br>funds-||||||||
|general||21,636||21,636|21,187||21,187|
|Restricted<br>funds||166,993|126,479|293,472|196,641|83,758|280,399|
|||188,629|126,479|315,108|217,828|83,758|301,586|



||||2022|2021|
|---|---|---|---|---|
||||F||
|Grants to|institutions:||||
|Spreading|the gospel|in the UK|6,345|6,403|
|Wormley|Free Church|||29,706|
||||6,345|36,109|
|Grants to|individuals||23,057|6,060|
||||29,402|42,169|





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|Support|c|osts||||||
|---|---|---|---|---|---|---|---|
|||||Governance|2022|Governance|2021|
|||||costs||costs||
|Audit fees||||8,760|8,760|7,920|7,920|
|Accountancy||||3,840|3,840|3,480|3,480|
|Independent||examiners'|fees|||540|540|
|||||12,600|12,600|11,940|11,940|
|Analysed|between|||||||
|Charitable||activities||12,600|12,600|11,940|11,940|



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|The average<br>monthly<br>number|ofemployees<br>during the year wa|s:||
|---|---|---|---|
|||2022|2021|
|||Number|Number|
|Employed<br>within<br>Connexional|churches|||
|Employment<br>costs||2022|2021|
|Wages and salaries||59,036|72,353|
|Social security costs||787|1,466|
|Other pension costs||927|1,773|
|||60,750|75,592|





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||||Unrestricted|Endowment|Total|Endowment|
|---|---|---|---|---|---|---|
||||funds|funds||funds|
||||general||||
||||2022||2022|2021|
|Revaluation|of|investments|(7,341)|(28,569)|(35,910)|80,880|



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|Tangible fixed asset|s||||
|---|---|---|---|---|
|||Church<br>land|Manse land|Total|
|||and buildings|and buildings||
|Cost|||||
|At 1 July 2021||2,177,064|1,978,454|4,155,518|
|Additions|||1,168|1,168|
|At 30June 2022||2,177,064|1,979,622|4,156,686|
|Depreciation<br>and impairment|||||
|At1 July2021||64,458|73,374|137,832|
|Depreciation<br>charged|in the year|7,616|10,202|17,818|
|At 30June 2022||72,074|83,576|155,650|
|Carrying<br>amount|||||
|At 30June 2022||2,104,990|1,896,046|4,001,036|
|At 30June 2021||2,112,606|1,905,080|4,017,686|





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|Fixed as|set investments||
|---|---|---|
|||Listed|
|||Investments|
|||F|
|Cost or|valuation||
|At 1 July|2021|849,036|
|Valuation|changes|(35,910)|
|At 30June 2022||813,126|
|Carrying|amount||
|At 30June 2022||813,126|
|At 30June 2021||849,036|



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|Debtors||||
|---|---|---|---|
|||2022|2021|
|Amounts<br>falling due|within one year:|K||
|Other debtors||28,580|22,307|
|Creditors: amounts|falling due within one year|||
|||2022|2021|
|Other creditors||2,846|1,290|
|Accruals and deferred|income|12,600|12,474|
|||15,446|13,764|



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||||Movement||Movement||
|---|---|---|---|---|---|---|
||||in funds||in funds||
|||Balance at|Income|Balance at|Income|Balance at|
|||1 July 2020||1 July 2021||30June 2022|
|||f|f|F|F|F|
|Property|maintenance|329,819||329,819||329,819|
|||329,819||329,819||329,819|



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||||Unrestricted|Unrestricted|Restricted|Permanent|Total|
|---|---|---|---|---|---|---|---|
||||funds-|funds-|funds|endowment||
||||general|designated||funds||
|Fund balances as at 30June||||||||
|2022:||||||||
|Tangible|assets|||||4,001,036|4,001,036|
|Investment||properties||||175,000|175,000|
|Investments||||166,233||646,893|813,126|
|Current|assets/(liabilities)||76,339|163,586|305,537|84,833|630,295|
||||76,339|329,819|305,537|4,907,762|5,619,457|



||||Unrestricted|Unrestricted|Restricted|Permanent|Total|
|---|---|---|---|---|---|---|---|
||||funds-|funds-|funds|endowment||
||||general|designated||funds||
|Fund balances as at 30June||||||||
|2021:||||||||
|Tangible|assets|||||4,017,686|4,017,686|
|Investment||properties||||175,000|175,000|
|Investments||||173,574||675,462|849,036|
|Current|assets/(liabilities)||68,103|156,245|254,033|42,001|520,382|
||||68,103|329,819|254,033|4,910,149|5,562,104|





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|Comparative<br>St|ate|me|nt of Financial|Activities|||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|Restricted|Permanent|Total|
|||||funds|funds|funds|endowment|2021|
|||||general|designated||funds||
|Income from:|||||||||
|Donations<br>and legacies||||1,281||269,271||270,552|
|Other trading<br>activities||||||12,027||12,027|
|Investments||||37,977||553||38,530|
|Total income||||39,258||281,851||321,109|
|Expenditure<br>on:|||||||||
|Fundraising<br>and|publicity|||7,763||1,557|17,818|27,138|
|Trading costs||||2,576||||2,576|
|||||10,339||1,557|17,818|29,714|
|Spreading<br>the gospel|||in the UK|21,187||196,641||217,828|
|Missionary<br>work|in|Sierra Leone||||83,758||83,758|
|||||21,187||280,399||301,586|
|Total expenditure||||31,526||281,956|17,818|331,300|
|Net gains/(losses)||on|investments||||80,880|80,880|
|Net movement|in|funds||7,732||(105)|63,062|70,689|
|Fund balances at 1 July 2020||||60,371|329,819|254,138|4,847,087|5,491,415|
|Fund balances|at|30|June 2021|68,103|329,819|254,033|4,910,149|5,562,104|