| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 3 |
| Report ofthe Independent Auditors |
4 | to | 6 |
| Statement of Financial Activities | |||
| Statement of Financial Position | |||
| Statement ofCash Flows | |||
| Notes to the Statement ofCash Flows | 10 | ||
| Notes to the Financial Statements | 11 | to | 13 |
| FOR THE | YEAR ENDED 31OCT | OBER 2022 | |||
|---|---|---|---|---|---|
| 31.10,22 | 31.10.21 | ||||
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | E | E | |||
| INCOME AND ENDOWMENTS | FROII | ||||
| Donations and legacies |
8,107 | 121,834 | |||
| Other trading activities |
1,147 | 751 | |||
| Investment income |
101 | 7 | |||
| Other income | 3,187,500 | ||||
| Total | 3,196,855 | 122,592 | |||
| EXPENDITURE ON | |||||
| Trading expenses | 3,421 | 6,588 | |||
| Charitable activities |
|||||
| Operation of church |
17,613 | 8,240 | |||
| Other | 82,033 | ||||
| Total | 103,067 | 14,828 | |||
| NET INCOME | 3,093,788 | 107,764 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 162,192 | 54,428 | ||
| TOTAL FUNDS CARRIED FORWARD | 3,255,980 | 162,192 |
| STAT | EMENT OF FINANCIAL P 31OCTOBER 2022 |
OSITION | ||
|---|---|---|---|---|
| 31.10.22 | 31.10.21 | |||
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | F | |||
| FIXEDASSETS | ||||
| Tangible assets | 520,000 | |||
| CURRENT ASSETS | ||||
| Cash at bank and | in hand | 2,735,980 | 162,192 | |
| NET CURRENT ASSETS | 2,735,980 | 162,192 | ||
| TOTAL ASSETS | LESSCURRENT | |||
| LIABILITIES | 3,255,980 | 162,192 | ||
| NET ASSETS | 3,255,980 | 162,192 | ||
| FUNDS | ||||
| Unrestricted funds |
3,255,980 | 162,192 | ||
| TOTAL FUNDS | 3,255,980 | 162,192 |
| FOR TH | E YEAR ENDED | 31OCTOBER 2022 | |||
|---|---|---|---|---|---|
| 31.10.22 | 31.10.21 | ||||
| Notes | F | ||||
| Cash flows from | operating | activities | |||
| Cash generated from operations |
3,093,687 | 107,757 | |||
| Net cash provided | by operating activities |
3,093,687 | 107,757 | ||
| Cash flows from | investing | activities | |||
| Purchase oftangible fixed assets |
(520,000) | ||||
| Interest received | 101 | ||||
| Net cash (used in)/provided | by investing | activities | (519,899) | ||
| Change in cash |
and cash | equivalents | |||
| in the reporting | period | 2,573,788 | 107,764 | ||
| Cash and cash equivalents | at the | ||||
| beginning ofthe |
reporting | period | 162,192 | 54,428 | |
| Cash and cash equivalents | at the end | ||||
| ofthe reporting | period | 2,735,980 | 162,192 |
| FOR | THE YEAR ENDED 31 OCTOBER 20 | 22 | 22 | |
|---|---|---|---|---|
| RECONCILIATION | OF NET | INCOME TO NET CASH FLOW FROM | OPERATING ACTIVITIES | |
| 31.10.22 | 31.10.21 | |||
| E | E | |||
| Net income for the | reporting | period (as per the Statement of | ||
| Financial Activities) | 3,093,788 | 107,764 | ||
| Adjustments for: |
||||
| Interest received | (101) | (7) | ||
| Net cash provided | by operations | 3,093,687 | 107,757 |
| ANALYSIS OF C | HANGES IN NET FUNDS |
|||
|---|---|---|---|---|
| At 1.11.21 | Cash flow | At 31.10.22 | ||
| E | E | E | ||
| Net cash | ||||
| Cash at bank and | in hand | 162,192 | 2,573,788 | 2,735,980 |
| 162,192 | 2,573,788 | 2,735,980 | ||
| Total | 162,192 | 2,573,788 | 2,735,980 |
| DONATIONS AND LEGACIES |
||
|---|---|---|
| 31.10.22 | 31.10.21 | |
| F | E | |
| Gift Aid collections | 5,180 | 4,435 |
| Donations | 801 | 114,511 |
| Gift aid tax refunded | 681 | 2,802 |
| Collections- | 1,445 | 86 |
| 8,107 | 121,834 |
| FOR THE YEAR ENDED 31 OCTOB | FOR THE YEAR ENDED 31 OCTOB | FOR THE YEAR ENDED 31 OCTOB | FOR THE YEAR ENDED 31 OCTOB | ER 2022 | ||
|---|---|---|---|---|---|---|
| 3. | OTHER TRADING ACTIVITIES | |||||
| 31.10.22 | 31.10.21 | |||||
| F | ||||||
| Reading | room | sales | 608 | 255 | ||
| Reading | room | member subs | 539 | 496 | ||
| 1,147 | 751 | |||||
| 4. | INVESTMENT | INCOME | ||||
| 31.10.22 | 31.10.21 | |||||
| Savings account | interest | 101 | 7 | |||
| 5. | OTHER INCOME | |||||
| 31.10.22 | 31.10.21 | |||||
| P | F | |||||
| Property | sales | 3,187,500 | ||||
| 6. | TRADING EXPENSES | |||||
| Other trading | activities | |||||
| 31.10.22 | 31.10.21 | |||||
| E | E | |||||
| Reading | room | expenses | 3,421 | 6,588 | ||
| 7. | CHARITABLE | ACTIVITIES COSTS | ||||
| Direct | ||||||
| Costs (see | ||||||
| note 8) | ||||||
| F | ||||||
| Operation | ofchurch | 17,613 | ||||
| 8. | DIRECT | COSTS | OF CHARITABLE ACTIVITIES | |||
| 31.10.22 | 31.10.21 | |||||
| F | ||||||
| Church operating | expenses | 11,427 | 3,517 | |||
| Maintenance | 3,390 | 1,263 | ||||
| Lectures | 2,786 | 2,710 | ||||
| Donations | 10 | 750 | ||||
| 17,613 | 8,240 |
| 31.10.22 | 31.10.21 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| Costs | of | property | transactions | 82,033 |
| TANGIBLE FIXEDASSETS | |
|---|---|
| Freehold | |
| property | |
| COST | |
| Additions | 520,000 |
| NET BOOK VALUE | |
| At 31 October 2022 | 520,000 |
| At 31 October 2021 |