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





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|Forthe year end|ed|31»|Decem|ber 2022||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|Funds|Funds|Funds|Funds|
|||||2022|2022<br>f|2022|2021|
|Income and endowments|||from:|||||
|Donations<br>and legacies:||||||||
|Member church subscriptions||||20,667||20,667|20,667|
|Donations|||||||156|
|Charitable<br>activities:||||||||
|Grants|||2||16,750|16,750|16,750|
|Other trading<br>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<br>on:||||||||
|Investment<br>management|||costs:|||||
|Property management||costs||1,454||1,454|2,790|
|Charitable<br>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<br>/ (expenditure)||||(84,971||84,971|115,937|
|Gains<br>/ (losses) on|investment||assets|(206,324)||(206,324)|210,843|
|Net income<br>/ (expenditure)||||291,295)||(291,295)|94,906|
|Net Movement<br>in|Funds|||(291,295)||(291,295)|94,906|
|Reconciliation<br>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|





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|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<br>Liabilities|||||||
|Amounts<br>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|



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|which meets|these criteria|these criteria|these criteria|is charged to th|is charged to th|e fund, tog|ether<br>with a fair al|location<br>ofc|osts.|
|---|---|---|---|---|---|---|---|---|---|
|2.Income and|endowments|||from Charitable||Activities:|Grants|||
|||||||||2022|2021|
|Restricted|Funds|||||||E|E|
|Miscellaneous-<br>Health|||Care Chaplaincy|||||250|250|
|Methodist|Church<br>—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<br>and Staff Costs|4.Directors' Emoluments<br>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<br>received remuneration|greater|than L'60,000.||||
|The average number<br>of employees|during the|year was:||2022|2021|
|||||Number|Number|
|Direct charitable<br>activities||||4|4|
|Management<br>and administration||||2|2|
|Total||||||
|Total compensation<br>paid to key management||personnel|in the|year amounted|to f46,045|
|(2021: L'45, 142).||||||



|Independent<br>Examiner's<br>Fee<br>Depreciation<br>Tangible<br>Fixed Assets||2,160<br>7,888|2,130<br>8,693|
|---|---|---|---|
||Furniture|Leasehold||
||and|Property|Total|
|Cost|Equipm't<br>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<br>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|





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|Investments|||||
|---|---|---|---|---|
|||UK Listed<br>Investments|Investment<br>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<br>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<br>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<br>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|



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|0.Funds||||||||
|---|---|---|---|---|---|---|---|
||01-Jan-22|Transfers<br>between|Income|Expend<br>iture|Gains<br>/<br>(Lassasi||31-Dec-22|
|||funds||||||
|Unrestricted<br>Funds:||||||||
|General reserve|185,577|100,000|213,562|(298,533)|||200,606|
|Investment<br>reserve|1,373,050|(81,744)|||||1,291,306|
|Investment<br>revaluation<br>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<br>Funds||||||||
|Healthcare<br>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|



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|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<br>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<br>in Funds||||||94,906||94,906|





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