| Page | |||||
|---|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 | ||
| Independent Examiner's |
Report | ||||
| Statement ofFinancial | Activities | ||||
| Balance Sheet | |||||
| Notes to the Financial | Statements | 6 | to | 11 | |
| Detailed Statement of | Fmancial Activities | 12 | to | 13 |
| 31.12.22 | 31.12.21 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Endowmeht | Total | Total | ||||
| funds | fmld | funds | funds | ||||
| Notes | |||||||
| INCOME AND | ENDOWMENTS FROM | ||||||
| Donations and legacies |
9,457 | 9,457 | 19,782 | ||||
| Other income | 50,414 | 50,414 | 46,137 | ||||
| Investment income |
37,890 | 1,306 | 39,196 | 31,113 | |||
| Total | 97,761 | 1,306 | 99,067 | 97,032 | |||
| EXPENDITURE | ON | ||||||
| Raising funds | 97,808 | 97,808 | 78,102 | ||||
| Charitable activities |
|||||||
| Charitable Donations |
|||||||
| 1,184 | 1,184 | 630 | |||||
| Total | 98,992 | 98,992 | 78,732 | ||||
| Net gains/(losses) | on investments | (79,063) | (5,669) | (84,732) | 43,118 | ||
| NET INCOME/(EXPENDITURE) | (80,294) | (4,363) | (84,657) | 61,418 | |||
| RECONCILIATION OFFUNDS | |||||||
| Total funds brought forward | 748,597 | 338,459 | 1,087,056 | 1,025,638 | |||
| TOTAL FUNDS | CARRIED FORWARD | 668,303 | 334,096 | ' | 1,002,399 | 1,087,056 |
| 31.12.22 | 31.12.21 | ||||
|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 9 | 286,032 | 286,032 | 286,032 | |
| Investments | 10 | 629,609 | 43,093 | 672,702 | 757,434 |
| 629,609 | 329,125 | 958,734 | 1,043,466 | ||
| CURRENT ASSETS | |||||
| Debtors | 8,599 | 8,599 | 11,378 | ||
| Cash at bank and in hand | 35,286 | 4,971 | 40,257 | 34,685 | |
| 43,885 | 4,971 | 48,856 | 46,063 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
12 | (5,191) | (5,191) | (2,473) | |
| NET CURRENT ASSETS | 38,694 | 4,971 | 43,665 | 43,590 | |
| TOTAL ASSETSLESSCURRKNT | |||||
| LIABH ITIES | 668,303 | 334,096 | 1,002,399 | 1,087,056 | |
| NKT ASSETS | 668,303 | 334,096 | 1,002,399 | 1,087,056 | |
| FUNDS | |||||
| Unrestricted funds: |
|||||
| General fund | 668,303 | 748,597 | |||
| Endowment funds: |
|||||
| Manse Fund | 334,096 | 338,459 | |||
| TOTAL FUNDS | 1,002,399 | 1,087,056 |
| 31.12.22 | 31.12.21 | ||
|---|---|---|---|
| Room hire | 34,365 | 29,925 | |
| Cellnet | 11,212 | 11,212 | |
| Insurance | loss ofincome | 3,998 | 5,000 |
| Film Club | 839 | ||
| 50,414 | 46,137 |
| Raising | donations | and | legacies | ||
|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | ||||
| Support | costs | 97,808 | 78,102 |
| The averag | e monthly number ofem |
ployees during the year. was as |
follows: | ||
|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | ||||
| Minister | 1 | I | |||
| No employees received emoluments |
in excess off60,000. | ||||
| COMPARATIVKS FOR THK STATEMENT OFFINANCIAI | ACTIVITIES | ||||
| Unrestricted | Endowment | Total | |||
| fimds | filnd | funds | |||
| INCOME | AND ENDOWMENTS | FROM | |||
| Donations | and legacies | 19,782 | 19,782 | ||
| Other income | 46,137 | 46,137 | |||
| Investment | income | 31,113 | 31,113 | ||
| Total | 97,032 | 97,032 | |||
| EXPENDITURE ON | |||||
| Raising funds | 78,102 | 78,102 | |||
| Charitable | activities | ||||
| Charitable | Donations | ||||
| 630 | 630 |
| CQMPARATIVKS | FORTHE STATEMENT OF FI | NANCIAL ACTIVITIES | -continued | |
|---|---|---|---|---|
| Unrestricted | Endowment | Total | ||
| funds | fund | funds | ||
| Total | 78,732 | 78,732 | ||
| Net gains on investments | 35,806 | 7,312 | 43,118 | |
| NKT INCOME | 54,106 | 7,312 | 61,418 | |
| RECONCILIATION | OFFUNDS | |||
| Total funds brought | forward | 694,491 | 331,147 | 1,025,638 |
| TOTAL FUNDS CARRIED FORWARD | 748,597 | 338,459 | 1,087,056 | |
| PREMISES COSTS |
| 9. | During the year under review the church spent the following sums on ex f,19,269 on refurbishment ofBrice Hall toilets k kitchen TANGIBLE FIXEDASSETS |
ceptional items as follows; |
|---|---|---|
| Freehold | ||
| property | ||
| COST | ||
| At 1 January 2022 and 31December 2022 | 286,032 | |
| NET BOOK VALUE | ||
| At 31December 2022 | 286,032 | |
| At 31December 2021 | 286,032 | |
| 10. | FIXEDASSETINVESTMKNTS | |
| Listed | ||
| investments | ||
| MARKET VALUE | ||
| At 1 January2022 | 757,434 | |
| Revaluations | (84,732) | |
| At 31December 2022 | 672,702 | |
| NET BOOK VALUE | ||
| At 31December 2022 | 672,702 | |
| At 31December 2021 | 757,434 |
| Listed | ||||
|---|---|---|---|---|
| investments | ||||
| Valuation m |
2021 | 757,434 | ||
| Valuation in |
2022 | (84,732) | ||
| 672,702 | ||||
| DEBTORS | ||||
| 31.12.22 | 31.12.21 | |||
| Amounts falling due within one year: |
||||
| P repayments | 3,624 | 5,437 | ||
| Amounts falling due after more than one year: |
||||
| Trade debtors | 210 | 441 | ||
| Other debtors | 4,765 | 5,500 | ||
| Aggregate amounts |
8,599 | 11,378 | ||
| CREDITORS: AMOUNTS FALLING DUE WITHIN QNK YEAR | ||||
| 31.12.22 | 31.12.21 | |||
| Trade creditors | 4,591 | 123 | ||
| Other creditors | 600 | 2,350 | ||
| 5,191 | 2,473 | |||
| MOVEMENT IN FUNDS | ||||
| Net | ||||
| movement | At | |||
| At 1.1.22 | in funds | 31.12.22 | ||
| Unrestricted | funds | |||
| General fund | 748,597 | (80,294) | 668,303 | |
| Endowment | funds | |||
| Manse Fund | 338,459 | (4,363) | 334,096 | |
| TOTAL FUNDS | 1,087,056 | (84,657) | 1,002,399 |
| Incoming | Resources | Gams and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | |||
| Unrestricted | funds | |||||
| General fund | 97,761 | (98,992) | (79,063) | (&0,294) | ||
| Endowment | funds | |||||
| Manse Fund | 1,306 | (5,669) | (4,363) | |||
| TOTAL FUNDS | 99,067 | (98,992) | (84,732) | (84,657) | ||
| Comparatives | for movement | in funds | ||||
| Net | ||||||
| movement | At | |||||
| At 1.1.21 | in funds | 31.12.21 | ||||
| Unrestricted | funds | |||||
| General fund | 694,491 | 54,106 | 748,597 | |||
| Endowment | funds | |||||
| Manse Fund | 331,147 | 7,312 | 338,459 | |||
| TOTAL FUNDS | 1,025,638 | 61,418 | 1,087,056 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricteid | funds | ||||
| General fund | 97,032 | (78,732) | 35,806 | 54,106 | |
| Endowment | funds | ||||
| Manse Fund | 7,312 | ||||
| TOTAL FUNDS | 97,032 | (78,732) | 43,118 | 61,418 |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1,1.21 | in funds | 31.12.22 | . | ||
| Unrestricted | funds | ||||
| General fund | 694,491 | (26,188) | 668,303 | ||
| Endowment | funds | ||||
| Manse Fund | 331,147 | 334,096 | |||
| TOTAL FUNDS | 1,025,638 | (23,239) | 1,002,399 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 194,793 | (177,724) | (43,257), | (26,188) | |
| Endowment | funds | ||||
| Manse Fund | 1,306 | 1,643 | 2,949 | ||
| TOTAL FUNDS | 196,099 | (177,724) | (41,614) | (23,239) |
| 31.12.22 | 31.12.21 | ||
|---|---|---|---|
| INCOME AND | ENDOWMENTS | ||
| Donatious and |
legacies | ||
| Gifts | 1 | ||
| Donations | 7,736 | 8,378 | |
| Gilt aid | 1,720 | 1,404 | |
| Legacies | 10,000 | ||
| 9,457 | 19,782 | ||
| Other income | |||
| Room hire | 34,365 | 29,925 | |
| Cellnet | 11,212 | 11,212 | |
| Insurance loss ofincome |
3,998 | 5,000 | |
| Film Club | 839 | ||
| 50,414 | 46,137 | ||
| Investment income |
|||
| Manse rents received | 7,770 | ||
| General, Church | &Manse Funds | 31,426 | 31,113 |
| 39,196 | 31,113 | ||
| Total incoming | resources | 99,067 | 97,032 |
| EXPENDITURE | |||
| Charitable activities |
|||
| Grants to institutions | 1,184 | 630 | |
| Support costs | |||
| Management | |||
| %'ages | 34,347 | 30,299 | |
| Manse rates and water | 1,111 | 2,929 | |
| Sundries | 355 | 1 | |
| Travel, vehicle | hire &fuel | 211 | 164 |
| 36,024 | 33,393 | ||
| Othei | |||
| Insurance | 7,265 | 3,772 | |
| Church light and heat | 12,975 | 8,072 | |
| Repairs and maintenance | 26,257 | 21,064 | |
| Post, stationery | &office exps | 1,618 | 1,393 |
| Cleaning and church supplies |
2,394 | 1,331 | |
| 50,509 | 35,632 | ||
| Other 2 | |||
| Minister's cover |
220 | 150 | |
| Carried forward | 220 | 150 |
| Detailed Statement o for the Y ar Ended 3 |
fFinancial Activ'ties December 2022 |
||
|---|---|---|---|
| 31.12.22 | 31.12.21 | ||
| Other 2 | |||
| Brought forward | 220 | 150 | |
| Organists Fees | 2,900 | 2,650 | |
| M'ship/subscriptions | &comses | 1,169 | 920 |
| Bbokkeeping fees |
2,395 | '2,330 | |
| Administrator's fees |
3,991 | 2,427 | |
| 10,675 | 8,477 | ||
| Governance costs |
|||
| Independent examination |
600 | 600 | |
| Total resources expended | 98,992 | 78,732 | |
| Net income before gains and losses | 18,300 | ||
| Realised recognised | gains and losses | ||
| Realised gains/(losses) | on fixed asset investments | (84,732) | 43,118 |
| Net (expenditure)/income | (84,657) | 61,418 |