2022-12-31-accounts

Company Information
Directors' Report
Member Denominations
Report ofthe Independent	Examiner
Statement ofFinancial Activities		(Including	Income and Expenditure	Account)
Balance Sheet
Notes to the Financial Statements

Forthe year end	ed	31»	Decem	ber 2022
				Unrestricted	Restricted	Total	Total
			Notes	Funds	Funds	Funds	Funds
				2022	2022 f	2022	2021
Income and endowments			from:
Donations and legacies:
Member church subscriptions				20,667		20,667	20,667
Donations							156
Charitable activities:
Grants			2		16,750	16,750	16,750
Other trading activities:
Sales				425		425	3,600
Rental income				44,063		44,063	6,143
Investments:
UK listed investments				47,436		47,436	50,830
Rental properties				92,500		92,500	92,500
Other				329		329	4
Other
Conference Fees				315	(60)	255	593
Other				7,827	77	7,904	5,383
Total				213,562	16,767	230,329	196,626
Expenditure on:
Investment management			costs:
Property management		costs		1,454		1,454	2,790
Charitable activities
Grants payable			3	1,360		1,360
Other			3	295,719	16,767	312,486	309,773
Total				298,533	16,767	315,300	312,563
Net income / (expenditure)				(84,971		84,971	115,937
Gains / (losses) on	investment		assets	(206,324)		(206,324)	210,843
Net income / (expenditure)				291,295)		(291,295)	94,906
Net Movement in	Funds			(291,295)		(291,295)	94,906
Reconciliation of	funds
Total funds brought	forward			3,067,455		3,067,455	2,972,549
Total funds carried forward				2,776,160		,77,160	3,0 7,455

As at 31»Decem	b	er 202	2
			Notes	2022		2021
				F.
Fixed Assets
Tangible assets			6	70,978		78,866
Investments			7	2,575,554		2,881,879
					2,646,532	2,960,745
Current Assets
Debtors			8	104,719		134,033
Cash at bank and	in	hand		75,669		19,750
				180,388		153,783
Current Liabilities
Amounts falling due		within				47,073
one year
Net Current Assets					129,628	106,710
Net Assets					2,776,160	3,067,455
Funds
Unrestricted:
General unrestricted		funds	10		2,776,160	3,067,455
Restricted funds			10
Total Funds					2,776,160	3,067,455

which meets	these criteria	these criteria	these criteria	is charged to th	is charged to th	e fund, tog	ether with a fair al	location ofc	osts.
2.Income and	endowments			from Charitable		Activities:	Grants
								2022	2021
Restricted	Funds							E	E
Miscellaneous- Health			Care Chaplaincy					250	250
Methodist	Church —Prison			Chaplaincy				10,000	10,000
Culham STGabriels's			- Education		Project			4,000	4,000
Westhill Endowment		-	Education		Project			2,500	2,500
Total								16,750	16,750
3.Expenditure	on: Charitable			Activities
					Unrestricted		Restricted	Total	Total
						Funds	Funds	Funds	Funds
						2022	2022	2022	2021
						E	E		E
Grants payable:
Ministerial	counselling		service			1,360		1,360
Direct expenditure:
General						175,617		175,617	177,015
Health Care Chaplaincy				(HCC)		31,872	327	32,199	29,344
Education	officers					52,281	6,500	58,781	63,599
Prison Chaplaincy						35,949	9,940	45,889	39,815
						295,719	16,767	312,486	309,773
Total						297,079	16,767	313,846	309,773

4.Directors' Emoluments and Staff Costs	4.Directors' Emoluments and Staff Costs
Staff costs during the year were:				2022	2021
Wages and sala des				188,339	192,495
Social security costs				14,442	13,831
Pension contributions				17,648	17,633
Total				220,429	223,959
No employees received remuneration	greater	than L'60,000.
The average number of employees	during the	year was:		2022	2021
				Number	Number
Direct charitable activities				4	4
Management and administration				2	2
Total
Total compensation paid to key management		personnel	in the	year amounted	to f46,045
(2021: L'45, 142).

Independent Examiner's Fee Depreciation Tangible Fixed Assets		2,160 7,888	2,130 8,693
	Furniture	Leasehold
	and	Property	Total
Cost	Equipm't E	Improvem't	f
At 1 January2022	24,726	234,444	259,170
At 31 December 2022	24,726	234,444	259,170
Depreciation
At 1 January 2022	24,726	155,578	180,304
Charge for the year		7,888	7,888
At 31 December 2022	24,726	163,466	188,192
Net Book Value
At 31 December 2022		70,978	70,978
At 31 December 2021		78,866	78,866

Investments
		UK Listed Investments	Investment Properties	Total
		General	General
		Funds	Funds
		E
Market Value
At 1 January2022		1,731,878	1,150,000	2,881,878
Increase on revaluation	in year	(206,324)		(206,324)
Redeemed in year		(100,000)		(100,000)
At 31 December 2022		1,425,554	1,150,000	2,575,554
Historic Cost
At 1 January 2022		1,373,050	667,881	2,040,931
Redemption in year		(81,744)	-	(81,744)
At 31 December 2022		1,291,306	667,881	1,959,187

								2022	2021
COIF ethical		income units						91.54	92.10
COIF property			fund units					8.46	7.90
The investment			properties	were revalued		at estimated	open market	value by the	Directors in
2013,the	directors do not			believe that the		market value has changed		significantly	since
then.
.Debtors
								2022	2021
								f
Trade debtors								16,475	24,838
Prepayments		and accrued		income				88,244	109,195
Total								104,719	134,033
.Current	Liabilities: Amounts				Falling Due	Within One Year
								2022	2021
Accruals								2,500	2,470
Deferred	rental		income					10,625	10,625
Other Creditors								37,635	33,978
Total								50,760	47,073

0.Funds
	01-Jan-22	Transfers between	Income	Expend iture	Gains / (Lassasi		31-Dec-22
		funds
Unrestricted Funds:
General reserve	185,577	100,000	213,562	(298,533)			200,606
Investment reserve	1,373,050	(81,744)					1,291,306
Investment revaluation reserve	358,828	(18,256)			(206,324)		134,248
Property reserve	667,881						667,881
Property revaluation	482,119						482,119
Total unrestricted	3,067,455		213562	298,533	206,324		2776,160
Restricted Funds
Healthcare Chaplaincy			327	(327)
Prison Chaplaincy			9,940	(9,940)
Education			6,500	(6,500)
Total restricted			16,767	16,767
Total Funds	3,067,455		230,329	315,300	206,324		2,776,160

1.Analysis o	f Net Asse	ts Between	Funds
			Tangible
			Fixed	Investments	Total
			Assets
				E	F.
Unrestricted	Funds
General unrestricted		funds	70,978	2,575,554	129,628 2,776,160
Restricted	Funds
Total Funds			70,978	2,575,554	129,628 2,776,160

12.Comparative	Statement	ofFinancial	ofFinancial	Activities	Activities	by fund	type
					Unrestricted		Restricted	Total
					Funds		Funds	Funds
					2021		2021	2021
						F	f	f
Income and endowments			from:
Donations	and legacies:
Member church subscriptions						20,667		20,667
Donations						156		156
Charitable	activities:
Grants							16,750	16,750
Other trading activities:
Endorsements						3,600		3,600
Rental income						6,143		6,143
Investments:
UK listed investments						50,830		50,830
Rental properties						92,500		92,500
Other						4		4
Other
Conference	Fees					216	377	593
Other						5,383		5,383
Total					179,499		'I7,127	196,626
Expenditure	on:
Investment	management		costs:
Property management		costs				2,790		2,790
Charitable	activities
Other					292,646		17,127	309,773
Total					295,436		17,127	312,563
Net income	/ (expenditure)				(115,937)			115,937
Gains /(losses) on investment			assets		210,843			210,843
Net income	/ (expenditure)					94,906		94,906
Net Movement in Funds						94,906		94,906