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2023-03-31-accounts

THE CHURCHES' FELLOWSHIP FOR PSYCHICAL AND SPIRITUAL STUDIES

Income and expenditure account for the year ended 31 March 2023

2023 2022
£ £ £ £
Income
Donations and membership 7,182 7,860
Legacies 0 40
Investment income 8,017 8,036
Books, tapes and CDs etc 977 2,044
Conferences 6,502 7,997
Sales of Christian Parapsycologist 365 143
Other income 3,329 77
26,372 26,197
Expenditure
Cost of Quarterly Review & Christian Parapsycologist 3,522 4,225
Pension contributions 617 654
Salaries, Wages & NIC 20,569 20,569
Books 20 143
Council Retreat & Working Parties 0 6,310
Conference expenses 7,587 5,294
Travelling Expenses 159 978
Rent, Rates, Light & Heat, 4,341 * 4,118
Postage & Stationery 1,825 2,066
Telephone 478 483
Insurance 1,666 1,865
Accountancy 1,284 1,284
Legal & Professional 0 0
IT support 995 318
Sundries 35 176
Staff Recruitment 0 0
Office Move Costs 0 0
Equipment 30 92
Depreciation of Equipment 239 298
Movement in stock of books 640 328
Net cost of Regions & Branches 0 7
Bank Charges 0 0
Honorarium CP 1,200 300
45,208 49,507
(18836.01) (23311)
Realised and unrealised gain on investments (18953.00) 16,246
Surplus (deficit) for the year (37789.01) (7065)

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THE CHURCHES' FELLOWSHIP FOR PSYCHICAL AND SPIRITUAL STUDIES

Balance Sheet as at 31 March 2023

Notes
Fixed Assets
Investments
1
Tangible assets
2
Currents Assets
Stock
Debtors
3
Cash at bank and in hand
Creditors
Amounts falling due within one year
4
Net current assets
Net assets
Funds
Unrestricted - General & HQ
5
Designated - Regional Fund
5
2023
2022
£
£
£
£
217,605
256,558
954
1,193
218,559
257,751
13,552
14,192
1,840
0
14,565
13,237
29,957
27,429
3,167
2,042
26,790
25,387
245,349
283,138
239,681
277,490
5,667
5,647
245,349
283,138
2023
2022
£
£
£
£
217,605
256,558
954
1,193
218,559
257,751
13,552
14,192
1,840
0
14,565
13,237
29,957
27,429
3,167
2,042
26,790
25,387
245,349
283,138
239,681
277,490
5,667
5,647
245,349
283,138
283,138

Approved by the Board of Trustees on 22 January 2024 and signed on its behalf by:

President Dr Santha Bhattacharji

Treasurer - Ms Cherry Simpkin

9

THE CHURCHES' FELLOWSHIP FOR PSYCHICAL AND SPIRITUAL STUDIES

NOTES TO THE ACCOUNTS

1
INVESTMENTS
Market value brought forward at 1 April
Disposals
Realised & Unrealised Gains
Market value carried forward at 31 March
2
FIXED ASSETS
COST
As at 1 April 2022
Disposals
As at 31 March 2023
DEPRECIATION
As at 1 April 2022
Eliminated on disposal
Charge for the year
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022
3
DEBTORS
Retreat deposit (Launde Abbey)
Conference deposit
Total
4
CREDITORS
PAYE Control
Pension Control
Membership fees in advance
Accruals
2023
£
256,558
(19812)
(19141)
217,605
Office
Equipment
6,509
0
6,509
5,316
0
239
5,555
954
1,193
2023
£
840
1,000
1,840
638
120
595
1,814
3,167
2022
£
240,312
0
16,246
256,558
2022
£
0
0
0
728
120
279
915
2,042

10

THE CHURCHES' FELLOWSHIP FOR PSYCHICAL AND SPIRITUAL STUDIES

NOTES TO THE ACCOUNTS

5 MOVEMENT IN FUNDS

Unrestricted
General and HQ
Designated
Regional Fund
Comparative figures
Unrestricted
General and HQ
Designated
Regional Fund
Balance
b/f at
1April
2022
Income
(Loss) on
investments
Expenditur
e
Transfer
Balance b/f at 31
March 2023
277,490
26,346
(18953.00)
45,202
0
239,681
5,647
26
6
0
5,667
283,138
26,372
(18953.00)
45,208
0
245,349
for 31 March 2022
Balance b/f
at 1April
2021
Income
Gain on
investments
Expenditure Transfer
Balance b/f at 31
March 2022
284,856
26,190
16,246
49,502
(300)
277,490
5,347
7
7
300
5,647
290,203
26,197
16,246
49,508
0
283,138

11

THE CHURCHES' FELLOWSHIP FOR PSYCHICAL AND SPIRITUAL STUDIES

Regional Balances

East Anglia
South West
South East
London
East Midlands
North West
Total
2023
£
179
846
1,783
1,486
239
1,134
5,667
2022
£
179
846
1,783
1,466
239
1,134
5,647

12