|||||Page||
|---|---|---|---|---|---|
|Report ofthe|Trustees||1|to|5|
|Independent|Examiner's|Report||||
|Statement of|Financial|Activities||||
|Balance Sheet||||||
|Notes to the|Financial Statements||9|to|17|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||for th|e year end|ed 31 Decembe|r 2022|||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|E||E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||26,081|100|26,181|55,016|
|Other trading
activities||||27,133||27,133|16,887|
|Investment
income||||91,410||91,411|65,140|
|Other income||||(1,252)||(1,252)|10,337|
|Total||||143,372|101|143,473|147,380|
|EXPENDITURE ON||||||||
|Raising funds||||84,465||84,465|61,768|
|Charitable
activities||||||||
|Grants 8 donations|ofthe church|||||||
|||||3,150|100|3,250|1,619|
|Church||||||||
|||||90,933|1,495|92,428|85,261|
|Total||||178,548|1,595|180,143|148,648|
|NET INCOME/(EXPENDITURE)||||(35,176)|(1,494)|(36,670)|(1,268)|
|Transfers
between|funds||17|1,048|(1,048)|||
|Net movement
in funds||||(34,128)|(2,542)|(36,670)|(1,268)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||1,586,084|16,490|1,602,574|1,603,842|
|TOTAL FUNDS CARRIED FORWARD||||1,551,956|13,948|1,565,904|1,602,574|
|||31 De|cember 2022||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|E|E||F|
|FIXEDASSETS|||||||
|Tangible assets
investment
property||8
9|8'I3,678
675,000||813,678
675,000|815,593
675,000|
||||1,488,678||1,488.678|1.490,593|
|CURRENT ASSETS|||||||
|Stocks||10|449||449|618|
|Debtors||11|11,999||11,999|15,294|
|Cash at bank and|in hand||88,630|13,948|102,578|134,687|
||||101,078||115,026|150,599|
|CREDITORS|||||||
|Amounts
falling due within one year||12|(7,935)||(7,935)|(8,788)|
|NET CURRENT ASSETS|||93,143|I3,948|107091|141 8'11|
|TOTAL ASSETS|LESS CURRENT||||||
|LIABILITIES|||1,581,821|13,948|1,595,769|1,632,404|
|CREDITORS|||||||
|Amounts
falling due after more than one year||13|(29,865)||(29,865)|(29,830)|
|NET ASSETS|||1,551,956|I3,948|'1,565,904|1,602,574|
|FUNDS||17|||||
|Unrestricted
funds|||||1,551,956|1,586,084|
|Restricted
funds|||||13,948|16,490|
|TOTALFUNDS|||||1,565,904|1,602,574|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||2022|2021|
|---|---|---|---|---|
||||F|E|
|Catering
income|||27,133|16,887|
|INVESTMENT INCOME|||||
||||2022|2021|
||||E||
|Rents received|||90,652|65,126|
|Deposit account|interest||759|14|
||||91,411|65,140|
|RAISING FUNDS|||||
|Investment
management||costs|||
||||2022|2021|
||||E|E|
|Staff costs|||23,518|25,667|
|Property
repairs|||20,102|5,125|
|Rates and water|||1,070|595|
|Light and heat|||7,734|3,565|
|Sundries|||117|264|
|Travel|||795|258|
|Interest payable|and similar|charges|861|835|
||||54,197|36,309|
##
##
##
||||fo|r th|e year|ended 31 December 2022|||
|---|---|---|---|---|---|---|---|---|
|6.|STAFF COSTS||||||||
||||||||2022|2021|
||||||||E|E|
||Wages and salaries||||||54,779|58,955|
||Other pension costs||||||903|789|
||||||||55,682|59,744|
||The average
monthly||number of|employees||during the year was as follows:|||
||||||||2022|2021|
||||||||7|8|
||No employees
received emoluments||||in excess ofF60,000.||||
||COMPARATIVES FOR THE STATEMENT|||||OF FINANCIAL ACTIVITIES|||
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds|funds|
|||||||E|E||
||INCOME AND ENDOWMENTS|||FROM|||||
||Donations
and legacies|||||54,289|727|55,016|
||Other trading
activities|||||16,887||16,887|
||Investment
income|||||65,136||65,140|
||Other income|||||10,337||10,337|
||Total|||||146,649|731|147,380|
||EXPENDITURE ON||||||||
||Raising funds|||||61,518|250|61,768|
||Charitable
activities||||||||
||Grants 8 donations|of|the church||||||
|||||||1,142|477|1,619|
||Church||||||||
|||||||84,941|320|85,261|
||Total|||||147,601|1,047|148,648|
||NET INCOME/(EXPENDITURE)|||||(952)|(316)|(1,268)|
||RECONCILIATION|OF FUNDS|||||||
||Total funds
brought|forward||||1,587,036|16,806|1,603,842|
||TOTAL FUNDS CARRIED FORWARD|||||1,586,084|16,490|1,602,574|
##
##
##
##
|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||||Fixtures||
||Freehold||and||
||property|Organ|fittings|Totals|
||E|F|E|F|
|COST|||||
|At 1 January 2022|838,315|38,700|53,993|931,008|
|Disposals||(38,700)||(38,700)|
|At 31 December 2022|838,315||53,993|892,308|
|DEPRECIATION|||||
|At 1 January 2022|26,400|38,700|50,315|115,415|
|Charge for year|1,320||595|1,915|
|Eliminated
on disposal||(38,700)||(38,700)|
|At 31 December 2022|27,720||50,910|78,630|
|NET BOOK VALUE|||||
|At 31 December 2022|810,595||3,083|813,678|
|At 31 December 2021|811,915||3,678|815,593|
|INVESTMENT PROPERTY|||||
|FAIR VALUE|||||
|At 1 January 2022|||||
|and 31 December 2022||||675,000|
|NET BOOK VALUE|||||
|At 31 December 2022||||675,000|
|At 31 December 2021||||675,000|
##
##
||NO|NO|NO|NO|TES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2022|TES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2022|TES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2022|||
|---|---|---|---|---|---|---|---|---|---|
|11.|DEBTORS:AMOUNTS||||FALLING DUE WITHIN ONE YEAR|||||
|||||||||2022|2021|
|||||||||E|E|
||Gift aid debtor|||||||3,249|4,894|
||Prepayments||and accrued|||income||8,750|10,400|
|||||||||11,999|15,294|
|12.|CREDITORS:||AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||
|||||||||2022|2021|
|||||||||E|E|
||Other creditors||||||||830|
||Accruals|and deferred||income||||7,935|7,958|
|||||||||7,935|8,788|
|13.|CREDITORS:||AMOUNTS|||FALLING DUE AFTER MORE THAN ONE YEAR||||
|||||||||2022|2021|
|||||||||E|E|
||Bank loans (see note|||14)||||29,865|29,830|
|14.|LOANS|||||||||
||An analysis
of||the maturity|||of|loans is given below:|||
|||||||||2022|2021|
|||||||||E|E|
||Amounts|falling|due between||||two and five years:|||
||Mortgage|loan|repayable|||||29,865|29,830|
|15.|LEASING|AGREEMENTS||||||||
|Total future
minimum
lease payments
receivable
for
leases are as follows:|the rental of Unit 12 under
non-cancell|able
operati|
|---|---|---|
||2022|2021|
||E||
|Within one year|22,800|22,800|
|Between one and five years|20,900|43,700|
||43,700|66,500|
##
##
##
##
##
|||||||Net|Transfers||
|---|---|---|---|---|---|---|---|---|
|||||||movement|between|At|
||||||At 1.1.22|in funds|funds|31.12.22|
||||||F|E|F|F|
|Unrestricted||funds|||||||
|General
fund|||||125,321|(35,176)|2,998|93,143|
|Designated|fund||||||||
||||||1,460,763||(1,950)|1,458,813|
||||||1,586,084|(35,176)|1,048|1,551,956|
|Restricted funds|||||||||
|Other restricted|||funds||1,567|||1,567|
|Leslie Cooke||Fund|||5,613|1||5,614|
|Roof repairs|||||9,310|(1,495)|(1,048)|6,767|
||||||16,490|(1,494)|(1,048)|13,948|
|TOTAL FUNDS|||||1,602,574|(36,670)||1,565,904|
|Net movement|||in funds,|included|in the above are as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
|||||||F|E|E|
|Unrestricted||funds|||||||
|General
fund||||||143,372|(178,548)|(35,176)|
|Restricted funds|||||||||
|Other restricted|||funds|||100|(100)||
|Leslie Cooke||Fund||||1||1|
|Roof repairs|||||||(1,495)|(1,495)|
|||||||101|(1,595)|(1,494)|
|TOTAL FUNDS||||||143,473|(180,143)|(36,670)|
##
##
##
|Comparative||s
|for moveme|nt
in fu|nds|||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Net|Transfers||
||||||||movement|between|At|
|||||||At 1,1.21|in funds|funds|31.12.21|
|||||||E|||E|
|Unrestricted||funds||||||||
|General fund||||||153,682|(952)|(27,409)|125,321|
|Designated|fund|||||||||
|||||||1,433,354||27,409|1,460,763|
|||||||1,587,036|(952)||1,586,084|
|Restricted funds||||||||||
|Other restricted|||funds|||1,567|||1,567|
|Leslie Cooke||Fund||||5,609|4||5,613|
|Roof repairs||||||9,630|(320)||9,310|
|||||||16,806|(316)||16,490|
|TOTAL FUNDS||||||1,603,842|(1,268)||1,602,574|
|Comparative||net|movement|in funds,|included|in the above are as follows:||||
||||||||Incoming|Resources|Movement|
||||||||resources|expended|in funds|
||||||||E||E|
|Unrestricted||funds||||||||
|General fund|||||||146,649|(147,601)|(952)|
|Restricted funds||||||||||
|Other restricted
funds|||||||727|(727)||
|Leslie Cooke||Fund|||||4||4|
|Roof repairs||||||||(320)|(320)|
||||||||731|(1,047)|(316)|
|TOTAL FUNDS|||||||147,380|(148,648)|(1,268)|
##
##
##
##