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|||Unrestricted|Unrestricted|Funds|Restricted|Permanent|Total|Total|
|---|---|---|---|---|---|---|---|---|
||Notes|General|Designated||Funds|Endowment|Jun 2023|Jun 2022|
|Income from:|||||||||
|Donations
and
legacies||1,008|||276,325||277,333|323,196|
|Other trading
activities||17,560|||16,525||34,085|28,829|
|Investments||56,821|||1,174||57,995|51,915|
|Other income||||||130,798|130,798|44,000|
|Total Income|||||||||
|and||75389|||294 024|130798|500211|447 940|
|Endowments|||||||||
|Expenditure
on:|||||||||
|~Raisin
funds|||||||||
|Fundraising
and
publicity||8,260|||2,362||10,622|9,975|
|Trading Costs||16,959|||||16,959|11,776|
|Total Raising
Funds||25219|||2362||27 581|21 751|
|Charitable
Activities|||||||||
|Spreading
the
Gospel
in UK||27,301|||233,135|17,818|278,254|206,447|
|Mission work in
Sierra Leone|||||125,087||125,087|126,479|
|Total Charitable
Activities||27 301|||358222|17818|403 341|332926|
|Total
Expenditure||52 520|||360584|17818|430 922|354 677|
|Net|||||||||
|(losses)/gains|13|||2416||~13 501|~15917|~35910|
|on investments|||||||||
|Net incomel|||||||||
|(expenditure)
before||22869||~2416|~66560|99479|53372|57353|
|transfers|||||||||
|Transfers
between funds||(11,322)||2,416|8,906||||
|Net Movement
in Funds||11547|||~57 654|99479|53372|57353|
##
|Fund Balances
at 1"July 2022|21,22,23|76339|329819|305537|4 907762|5619457|5 562 104|
|---|---|---|---|---|---|---|---|
|Fund Balances||||||||
|at 30th June|21,22,23|8T886|329819|247883|5007241|5672829|5619457|
|2023||||||||
##
##
##
|ALANCE|SHEETAS AT 30JUNE 2023||||||
|---|---|---|---|---|---|---|
||||2023||2022||
|||Notes|||||
|Fixed Assets:|||||||
|Tangible Assets
Investment
properties||15
16|3,912,928
175,000||4,001,036
175,000||
|Investments||17||797,209||813,126|
||||4,885,137||4,989,162||
|Current Assets:|||||||
|Debtors||18|39,416||28,580||
|Cash at bank and on hand|||757 545||617161||
||||796961||645 741||
|Creditors:
one year:|Accounts falling due within|19|(9,269)||(15,446)||
|Net Current|Assets|||787 692||636295|
|Total assets less current liabilities|||5,672,829||5,619,457||
|Funds:|||||||
|Permanent|Endowments|21|5,007,241||4,907,762||
|Restricted|funds|22||247,883||305,537|
|Unrestricted|Funds- Designated|23||329,819||329,819|
|Unrestricted|Funds - General|||87,886||76,339|
||||5|672829|5|619457|
##
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|TATEMENT OF CASH FLO|WS|||||
|---|---|---|---|---|---|
|||2023||2022||
||Notes|||||
|Cash Flows from operating activities:||||||
|Cash generated
from (absorbed
by) operations|||12,099||54,575|
|Investing
Activities:||||||
|(Purchase)
/ Disposal oftangible
fixed Assets||70,290||(1,168)||
|Purchase of investments||||||
|Investment
income received||57,995||51,915||
|Net cash generated
by (used in)
investment
activities|||128,285||50,747|
|Net cash used in financing||||||
|activities||||||
|Net increase/(decrease)
in cash
and cash equivalents|||140364||105322|
|Cash and cash equivalents
beginning
ofyear|at||617,161||511,839|
|Cash and cash equivalents
ofyear|at end||757 545||617161|
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||||Spreading|Mission|Total|Spreading|Mission|Total|
|---|---|---|---|---|---|---|---|---|
||||the|work in||the Gospel|work ln||
||||Gospel in|Sierra||in UK|Sierra||
||||UK|Leone|||Leone||
||||2023f|2023f||2022f|2022f|f|
|Staff Costs|||85,040||85,040|60,750||60,750|
|Trustees
Liability
Insurance|||||866|866||866|
|Postage, Stationery|and||||||||
|Telephone|||||||||
|Travelling
Expenses|||781||781|593||593|
|Legal and Professional|||2,460||2,460|2,300||2,300|
|Property Expenses|||83,678||83,678|30,806||30,806|
|Church
Charitable
Expenses|||50,385||50,385|45,431||45,431|
|Sundry Expenses|||10,373||10,373|5,881||5,881|
|Mission Expenses||||125,087|125,087||126,479|126,479|
|Depreciation|||17,818||17,818|17,818||17,818|
||||251 401|125087|376488|164445|126479|290 924|
|Grant Funding
of
Activities
(Note 9)|||19,433||19,433|29,402||29,402|
|Share ofgovernance
costs (Note 10)|||7,420||7,420|12,600||12,600|
||||278,254|125,087|403,341|206,447|126,479|332,926|
|Anal sis b
fund|||||||||
|Unrestricted
Fund—
General|||27,301||27,301|21,636||21,636|
|Restricted
Funds|||233,135|125,087|358,222|166,993|126,479|293,472|
|Permanent
endowment|||17,818||17,818|17,818||17,818|
||||278 254|125087|403 341|206447|126479|332926|
|Grants Payable|||||||||
|||||||2023||2022|
|||||||f||f|
|Grants to Institutions||||||5,152||6,345|
|Grants to Individuals||||||14,281||23,057|
|||||||19433||29402|
|10.
Support Costs|||||||||
|Governance
Costs||||||2023||2022f|
|Audit and Accountancy||Fees||||7,220||12,600|
|Independent
Examination|||Fees|||200|||
|||||||7420||12600|
##
##
##
##
|||2023|2022|
|---|---|---|---|
|||Number|Number|
|Employed
within Connexion|churches|4|4|
|||2023|2022|
|Employment
Costs||||
|Wages and salaries
Social security costs||81,058
2,423|59,036
787|
|Other pension costs||1,559|927|
|||85040|60750|
##
|3.
Net|gains I|losses on Investmen|ts|||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Permanent|Total|Unrestricted|Permanent|Total|
|||Funds|Endowment||Funds|Endowment||
|||General|Funds||General|Funds||
|||2023|2023||2022|2022||
|||E||||||
|Revaluation
Investments|of|(2,416)|(13,501)|(15,917)|(7,341)|(28,569)|(35,910)|
##
##
##
##
|||||2023|2022|
|---|---|---|---|---|---|
|Cost||||80,000|80,000|
|Depreciation||||||
|Carrying Amount||||80 000|80000|
|17.
Fixed Asset Investments||||||
||||||Listed Investments|
|Cost or Valuation:||||||
|At 1stJuly 2023|||||813,126|
|Valuation
changes|||||(15,917)|
|At 30~ June 2023|||||797,209|
|Carrying Amount||||||
|At 30~ June 2023|||||797,209|
|At 30~ June 2022|||||813,126|
|The historic cost ofthe|investments||held isf830,000(2022 - K830,000).|||
|18.
Debtors||||||
|||||2023|2022|
|Amounts
falling due|within|1year||||
|Other Debtors||||39416|28 580|
|19.
Creditors||||||
|||||2023|2022|
|Other Creditors||||1,589|2,846|
|Accruals and Deferred|Income|||7,680|12,600|
|||||9269|15446|
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|29.
Analysis ofchanges|29.
Analysis ofchanges|29.
Analysis ofchanges|in net funds|||||||
|---|---|---|---|---|---|---|---|---|---|
|The charity had no debt in the|||current or previous||financial|year.||||
|30.
Comparative||Statement ofFinancial Activities||||||||
||||Unrestricted||Funds|Restricted|Permanent|Total|Total|
|||Notes|General|Designated||Funds|Endowment|Jun 2022|Jun 2021|
|Income from:||||||||||
|Donations
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||
|Total Income||||||||||
|and|||60 554|||343 386|44 000|447 940|321 109|
|Endowments||||||||||
|Expenditure
on:||||||||||
|RRafsfn 1funds||||||||||
|Fundraising
and
publicity|||8,640|||1,335||9,975|9,320|
|Trading Costs|||11,776|||||11,776|2,576|
|Total Raising
Funds|||20416|||1 335||21 751|11896|
|Charitable
Activities||||||||||
|Spreading
the
Gospel
in UK|||21,636|||166,993|17,818|206,447|235,646|
|Mission work in
Sierra Leone||||||126,479||126,479|83,758|
|Total Charitable
Activities|||21 636|||293472|17818|332926|319404|
|Total
Expenditure|||42 052|||294 807|17818|354 677|3313M|
|Net||||||||||
|(losses)/gains||13|7341||||~28 569|~35910|80 880|
|on investments||||||||||
|Net income/||||||||||
|(expenditure)|||11 161|||48 579|~2387|57353|70689|
|before transfers||||||||||
|Transfers
between funds|||(2,925)|||2,925||||
|Net Movement
in Funds|||8 236|||51 504|~2387|57353|70689|
|Fund Balances
at 1"July 2021|21,22,23||68 103||329819|254033|4910149|5562 104|5491495|
|Fund Balances||||||||||
|at 30th June||21,22,23|76339||329819|305 537|4 907762|5619457|5 562 104|
|2022||||||||||