| Report efthc Trtsstees | I | lo | 2 | |
|---|---|---|---|---|
| Report ofthe lndcpeadent Aaditors |
3 | to | I | |
| Qatement ofBoandat | Activities | |||
| Qatement oflIaandal | Position | |||
| Statement ofCash Bows | ||||
| Notes to the Statement | ofCash Bows | |||
| Notes to the Bnancial | Statements | ld | m | ll |
| Detailed Statemeat of | Fiasncial Acdvltks | 18 | to | 20 |
| 2602 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Acslrtctetl | Teml | Total | ||||||
| Notes | funds f |
famb f |
funds f |
|||||
| INCOME | d ND ENDOITMENTS FROM | |||||||
| Donations | and legacies | 843,001 | 9,086 | 852,087 | 724,077 | |||
| Charitable | activities | |||||||
| Chmitablc | Activities | 5 | 34,542 | 34,542 | 29,467 | |||
| Other trading activities | 23,460 | 23,460 | 72,709 | |||||
| investment | income | 26.102 | 26,102 | 30.034 | ||||
| Total | 927.105 | 9.086 | 936,191 | 856,287 | ||||
| EXPENDITURE ON | ||||||||
| Charitable | acntsdes | |||||||
| Charimble | Activities | 6 | 670,119 | 119.907 | 790,026 | 722,878 | ||
| Diocese Expenses | 87,460 | 87,460 | 82,073 | |||||
| 35.160 | 35,160 | ~24 45 | ||||||
| Total | 757,579 | 155.067 | 912.646 | 829.196 | ||||
| NET INCOMEIIEXPENDITUIK) | 169,526 | (145,981) | 23,545 | 27,091 | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought | fonumd | 1,214371 | 5,326,639 | 6,540.910 | 6,5132119 | |||
| TOTA1 FUNDS CARRIED FORWARD | 1,38E797 | 5,180.658 | 6.564.455 | 6,540,910 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrmtrictcd | Restriclcd | Torsi | Total | ||||||
| Notes | limds f |
fundsf | fimdsf | funds f |
|||||
| FILEDASSETS Tangible scans |
747,927 | 5,167,782 | 5,915,709 | 6,035,429 | |||||
| CURRENT ASSETS 8toe(s Dobtonv. amounts falling due ttithin one year Gash m banh |
12 13 |
20,000 19,783 ~829 298 |
681 ~II95 |
20,000 20,464 |
20,000 21373 |
||||
| 869,081 | 12,876 | 881,957 | 559.731 | ||||||
| CREDITORS Amounts fsging due mthin |
one year | 14 | (233,211) | (233311) | (54850) | ||||
| NET CURRFNT | ASSETS | 635,870 | ~12876 | fi48,746 | 505.481 | ||||
| TOTAL ASSETSLESSCURRENT LIABILITIES | 1,383,797 | 5,180.658 | 6,564,455 | 6,540,910 | |||||
| NET ASSETS | |||||||||
| FUNDS | 15 | ||||||||
| Umcsuictml funds: General fund |
1,383,797 | 1314s71 | |||||||
| Rcsu(acd fimdu New Beaevolem |
Fund | 12,876 | 38355 | ||||||
| Cetbedml Refmbidunent Prepeny Fund |
and ldsintensnce | Fund | 3,750,188 ~1417.594 |
32137,473 1.450.8I I |
|||||
| ~5 180.658 | 5326,639 | ||||||||
| TOTAL FUNDS | |||||||||
| The finaacial su trmehtr s. | prosed by thc Board | ofTruswes | and authorised | for issue an 7 | December 2023 and | were signed on | |||
| iu behslfby: | |||||||||
| I | |||||||||
| ) | |||||||||
| A Mo'lot.ttu~ttce |
| 2022 | 202I | |||||
|---|---|---|---|---|---|---|
| Notes | f | |||||
| Cash Dona fram operating activities Cash gmerstcd hum upmationt |
~32 943 | ~163 96 | ||||
| Net cash proridcd by epenumg | activities | 322943 | 163396 | |||
| Cash gates frma lavmting | activities | |||||
| lntctcvt mcclvcd | ||||||
| 192 | ||||||
| Net cash provided by investing |
sctititics | 192 | ||||
| Change in sash and cash equivsleats | In the | |||||
| reportbtg period Cash and cash equivalents the reporting period |
st | the beginnlag of | 323,135 518358 |
163,430 | ||
| Cash and cash equivalents | at | tbe cad | oftbe | |||
| reporting period |
841,493 | 518358 |
| RECONCILIATION | OF NKT INCOME TO NET CASH FLOW FROM OPERATING | ACTIVITIS 2022 |
2021 | |
|---|---|---|---|---|
| E | E | |||
| Net income for lhc repartln8 period lac per Ihc slatemeut ofFinancial Acttvcdm) |
23~5 | 27,091 | ||
| Adjustments for: Dcpmctetion chst8es interest received Decrease in debtors Increase in creditors |
119,722 (192) 907 178.961 |
120A5 (341 6,005 ~10 29 |
||
| 1br sash provided hf | operations | 322943 | 163 96 | |
| 2. | ANALYSIS OF CHANGES IN NETFUNDS | |||
| At 1.122 | Cash Sow | At 31.1222 | ||
| E | E | E | ||
| Net cash Cmh atbank |
518,3511 | ~323 135 | 841.493 | |
| 518.358 | 323,135 | 841.493 | ||
| Total | ~518 358 | 323.135 | ~841493 |
| DONATIONS AND LEGACIES | DONATIONS AND LEGACIES | 2022f | 2021 8 |
|
|---|---|---|---|---|
| Collections Donations Gmnts Rehnbislunent costs Donarions for special services |
403,210 343,342 84 105N51 |
364,918 176.074 144,081 934 38,070 |
||
| 852.087 | 724.077 | |||
| Grano received, included | in the abmn, are as Follows: | |||
| 202v2 | 2021f | |||
| ~144 081 | ||||
| 3. | OTHER TRADING ACTIVITIES | 2022 6 |
2021f | |
| Shap income | 23,460 | ~709 | ||
| 4. | IPWESTMENT INCOtdE | 2022 | 2021 | |
| 6 | ||||
| Rentsmceivcd Deposit account interest |
25,9)0 192 |
303NIB 34 |
||
| 26,102 | 30,034 | |||
| 5. | INCOME PROAI CHARITABLE ACTIVITIES | 2022 | 2021 | |
| Charimble Activities |
f | 6 | ||
| I ursery school | 34942 | 29,467 |
| CHAIUT | ABLE ACTIVITIES COSTS | |||
|---|---|---|---|---|
| Suppmt | ||||
| Direct | costs (sce | |||
| Costs 6 |
note 7) f |
Totals 6 |
||
| Charitable | Activites | |||
| 520,592 | 269,434 | 790,026 | ||
| Dioccm Expensvw | 87460 | 87460 | ||
| ~608052 | '&69434 | 877486 |
| f8,460t | his is made up ofthe followi | ng cxpenscs: | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| f | f | ||||
| Desaery mppor! | 3,668 | 9450 | |||
| Diocesan | salaries | 6II,792 | 52,823 | ||
| Sourozh magazine | |||||
| Miscegsneous gmnt |
~19 00 | 20000 | |||
| 877400 | ~8207 | ||||
| SUPPORTCOSTS | |||||
| Governance | |||||
| &danagemcnt 2 |
Finance f |
costs | Totals I |
||
| Charimble | Activhtcs | 163,797 | 7,314 | 98,323 | 269,434 |
| STAFFCOS | TS | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 202I | |||||||||
| f | ||||||||||
| Wegm anil salaf&es | 196„634 | 237,87 | & | |||||||
| Shwial security | cos» | 24.104 | ~26265 | |||||||
| 220.738 | 264,137 | |||||||||
| Tlie avemegc mouthly | nuraimr ofen'ployees | during | dw | &ear wm as follows; | ||||||
| 'I0'l & | )U) 1 | |||||||||
| Smtf | 14 | 17 | ||||||||
| lc & employee& |
rcvewcd | cn&ohimcat | m exacts nl f60,000. |
| COMFARA flVKS FOR TNK 8TATKMKItTOFF!RANCIAL ACTFTITIKS | COMFARA flVKS FOR TNK 8TATKMKItTOFF!RANCIAL ACTFTITIKS | COMFARA flVKS FOR TNK 8TATKMKItTOFF!RANCIAL ACTFTITIKS | ||
|---|---|---|---|---|
| Umes!tie!cd | Total | |||
| fundsf | fumfsf | |||
| IIICOMK | AND KNDOWMKWTS | FROiH | ||
| Donations | end legacies | 27,597 | 724,077 | |
| Charitable | acusgttes | |||
| Charimblc | activhies | 29,467 | 29,467 | |
| Other trading emii ities | 72,709 | 72,709 | ||
| investment | income | ~004 | 20,034 | |
| Total | 82$.690 | 27.597 | 8S86587 |
| COMPARATIVES | pOR 77IESTATEMENT OF FINANCIAL ACTIVITIES -contlnum | pOR 77IESTATEMENT OF FINANCIAL ACTIVITIES -contlnum | pOR 77IESTATEMENT OF FINANCIAL ACTIVITIES -contlnum | ||
|---|---|---|---|---|---|
| Unmstrictcd | Restricted | Toml | |||
| funds | I'unds | Smds | |||
| 6 | 6 | ||||
| Chnritnbk acl)Nttm |
|||||
| Charitable Act(vistas |
602,240 | 120,458 | 722.878 | ||
| Diocese Expenses | 82,073 | 82,073 | |||
| Other | 24245 | ~24 45 |
|||
| Total | 684,493 | 829.196 | |||
| NET LVCOhIEI(EXPENINTURK) | 144,197 | (117,106) | 27,091 | ||
| RKCOiNCILI ATION OF FUNDS | |||||
| Total funds brought | fern ard | 1,070,074 | 5,443,745 | 6,513,819 | |
| TOTAL FUNDS CARIUED FORIV*RD | 131427) | 5326839 | ~6540910 | ||
| 11. | TAINGIBLE FIXEDASSETS | ||||
| Improvements | |||||
| Preehold | Long | to | |||
| propcny | leasehold | pmpcrty | |||
| 6 | 5 | ||||
| COST | |||||
| At I Ianmry 2022 aad 31 December 2022 | '2N29.492 | 130.162 | 8.269266 | ||
| DEPRECIATION | |||||
| At I Ianuary 2022 Charge for year |
366,346 29.154 |
30,356 ~1721 |
4,408,501 86,503 |
||
| At 31 December 2022 | 395.500 | 32,077 | 4.495,001 | ||
| NET BOOK VALVE | |||||
| At 31 December 2022 | 2,033.992 | ~98 085 | 3,774P62 | ||
| At 31 Dcccmter 2021 | 2,063.146 | 99.806 | 3.860.765 |
| I. | T*10GIBLEFIXEDASSETS-continued | |||
|---|---|---|---|---|
| Firlnltcs | ||||
| and | Motor | |||
| fittings | vehicles | Totals | ||
| E | E | |||
| COST | ||||
| At I January 2022 and 31 Dcccmbcr 2022 | ~I22 786 | 36467 | ||
| DKPRKCIATION | ||||
| At I January 2022 | 111,074 | 36,267 | 4,952444 | |
| Charge for year | 2.342 | 119;/20 | ||
| At 31 December 2022 | 113,416 | 36267 | ~5,072 64 |
|
| NKT BOOK VALUE | ||||
| At 31 December 2022 | 9370 | 5,915.709 | ||
| At 31 December 2021 | ~ll 712 | ~6.035429 | ||
| 12. | STOCKS | |||
| 2022 | 2021 | |||
| Stocks | 20.000 | ~20 | ||
| 13. | DEBTORSt AMOUNTS FALLING DUE YYITllliN ONE YEAR | |||
| 2022 | 2021 | |||
| Other debtors Prepayments and accrued income |
14,912 5,552 |
145114 ~659 |
||
| 20.464 | 21D73 | |||
| 14. | CREDITORS: AMOUNTS FALLING DUE IVI THIN ONK YEAR | 202'r | 2021 | |
| f | f | |||
| Trade creditors | 21482 | 5,777 | ||
| Social secmiry and odrer taxes Other creditors Russian Diocese ofSourosh Accrued expcnscs |
26,282 164287 11340 9.520 |
18,187 1,426 11„540 17320 |
||
| 233211 |
| Ne& | |||||||
|---|---|---|---|---|---|---|---|
| movement | At | ||||||
| A& I.&.22 | in funds | 31.1222 | |||||
| 6 | f | ||||||
| Unrestricted funds |
|||||||
| Gcncral f&md | 1,2&4271 | 169,526 | 1,383,797 | ||||
| Restricted funds | |||||||
| Ncw Benevolent | Fund | 39,036 | (26,160} | 12,876 | |||
| Cathedral Refurbishmcn& |
and | ldain&enance | |||||
| Fund Pmpcny Fund |
3,836,792 ~14508&I |
(86,604) ~33 217 |
3,750,188 I 417.594 |
||||
| 5326639 | &145,981& | 5 180,658 | |||||
| TOTAL FUNDS | 6.540,910 | 23S45 | 6.564.455 | ||||
| Ne& movemem in |
funds, | included | in tbe above are as follows: | ||||
| Incoming | Resources | &dovemeu& | |||||
| resources E |
expended f |
&n funds 5 |
|||||
| Unresnicted funds |
|||||||
| General fund |
927,105 | (757,579) | 169,526 | ||||
| Restricted funds | |||||||
| New Benevolent | Fund | 9,000 | (35,160) | (26,160) | |||
| Cathedral Refurhishmcn& |
and | h&ain&enancc | |||||
| Fund | 85 | (86.689) | (86,604) | ||||
| Property Fund |
I | ~33.218) | ~33,217) | ||||
| 9,086 | 155.06 | {145.98&1 | |||||
| TOTAL FUNDS | 936,191 | (912,646) | 23545 | ||||
| Comps ratives for movemcn& | ln | fund& | |||||
| Net | |||||||
| movemen& | A& | ||||||
| At 1,1.21 f |
in funds 6 |
31.12 &1 5 |
|||||
| Unrestricted funds |
|||||||
| General fond |
1,070,074 | 144,197 | 1.21427 & |
||||
| Restricted funds | |||||||
| Yew Benevolent | Fund | 35,936 | 2,4&9 | 38.355 | |||
| Csduvirsl Rcfu&bishment |
and | Maimenancc | |||||
| Fund | 3.923,195 | (85,722) | 3,837,47,& | ||||
| Propcny Fund |
1,484,614 | (33,803) | 1.450,811 | ||||
| TO'I'Al. I&UNDS | 6,513,819 | 27,091 | 6,540,910 |
| Comparat | ive nei |
movcmcn | i in funds, included i~ih |
e above am ns Iollowu | ||
|---|---|---|---|---|---|---|
| Incoming | Rcmurces | Movement | ||||
| resources f |
expended E |
in funds f |
||||
| Unrestricted funds |
||||||
| Geuersl | fund | 828,690 | 1684,493) | 144,197 | ||
| Restricted funds |
||||||
| Nmv Bcncvolcnt | Fund | (24345) | 2,419 | |||
| Cathedral | Ret'urbishmmu | and ldsinlennnce | ||||
| Fund Propeny |
Fund | 934 ~It |
(86656) ~33,802) |
(85.722) ~33 803) |
||
| 27,597 | ~144.703 | (~t)7 106 | ||||
| TOTAL | FUiNDS | 856287 | ~829.196) | ~27 091 | ||
| A current | year 12months | snd prior year 12 months | combined posiiion is as follows: | |||
| Nel | ||||||
| movemeni | At | |||||
| Ai 1.1.21 E |
in funds f |
31.12.22 f |
||||
| Unrestricted funds |
||||||
| General | fund | 1,070,074 | 313,723 | 1,383,797 | ||
| Restricted funds | ||||||
| New Benevolent | Fund | 35.936 | (23,741) | 12,195 | ||
| Cathedral | Refurbishment | snd Maintenance | ||||
| Fund Property |
Fund | 3,923,195 1.484.614 |
(172,326) ~67.020) |
3,750,869 1.417.594 |
||
| 5,443,745 | ~263.087} | ~5.180658 | ||||
| TOTAL | FUNDS | 6.513,819 | 50.636 | ~6.564 455 |
| A curmnt | year | 12 | months | snd prior year 12 nionths combine |
d nct movcmcnt in ihnds, incl |
uded in thc above |
are as follows: |
|---|---|---|---|---|---|---|---|
| Incoming | Resources | hlovemeni | |||||
| resources f |
expended | in funds f |
|||||
| Uarestricted | funds | ||||||
| General | fund | 1,755,795 | ( Iem2,072) | 313,723 | |||
| Restricted feeds | |||||||
| New Benevolent | I'und | 35,G64 | (59,405) | (23,741) | |||
| Cathedral | Refurbishment | snd Msinlcn. iucc | |||||
| Fund | 1,019 | (173.345) | (17I,326) | ||||
| Propen) | Fund | ~67.0'20) | ~67,0201 | ||||
| 3G.683 | i 99.770} | (s63,087} | |||||
| TOTAi. | FUI | DS | 1,792,4 jg | (1,741.b421 | 50.636 |
| 2022 | 2021 | ||
|---|---|---|---|
| 8 | 8 | ||
| INCO3IK AI4D | KNDOIThIKNTS | ||
| Donnthsnt arid Iegacks |
|||
| Cogocdons Oonmiciis Omntt |
403,210 343,342 |
364,91S 176,074 144,081 |
|
| Refutbisbrnem costs |
84 | 934 | |
| Donations forspecial servictn | 105451 | ~38070 | |
| 852,087 | 724,077 | ||
| Other trading nctlvtthn | |||
| Shop income | 23,460 | 72,709 | |
| Investment income |
|||
| Rene rccmved | 25.910 | 30,000 | |
| Depmit accouni | interest | 192 | 34 |
| 26,102 | 30,034 | ||
| Charitable acrividcs |
|||
| Nursery school |
34,542 | 29,467 | |
| total iaeomlng | resources | 936,191 | 856,287 |
| EXPENDITURE | |||
| Charitable aerittdes | |||
| Priesto and staff | salaries | 196,634 | 237,872 |
| Social security | 24.104 | 26265 | |
| Diocme expenses | 83,844 | 82.073 | |
| Ground rent, water rates,and council isx | 82,634 | 83.136 | |
| Insurance | 10+15 | 10.577 | |
| Purchases | 360 | 23,736 | |
| Itcpairs and maintenance | 30,949 | 33,983 | |
| Candies | 7320 | ||
| Liturgical supplies |
28,758 | !2,033 | |
| Acccmmodstioii | cxpcfiscs | 4,210 | 4,T7 |
| Choir expenses | 45,500 | 30,440 | |
| Voltmtccrs gt culltnlci stsif |
40,735 | 13,650 | |
| Conference costs | 10,277 | 6,660 | |
| Travel expenses | 5,879 | 7283 | |
| rturscty expenses | 43,953 | 33,965 | |
| ldsrngement fees |
3.960 | ||
| 608,052 | 617,680 | ||
| Other | |||
| Charitable donatiosi |
35,160 | 24245 | |
| Support coris | |||
| hinaagemeat | |||
| 7elephcae | 4257 | 2,947 | |
| (arried fornarit | 4,257 | 2,947 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| E | f, | |||
| bianageatent | ||||
| Rmugbt forviard |
4,257 | 2,947 | ||
| Postage and | stationer& | 2,747 | 8.941 | |
| 13encm1adminisuation | 37,072 | 23,741 | ||
| FrmboM property depreciation | 29,154 | 29,154 | ||
| long leasehold dept@.ladon | 1,721 | 1,720 | ||
| improvements Fixtures end |
to pmperty depreci auon fittings dcprccietion |
86,503 ~2343 |
86W3 ~2928 |
|
| 163,797 | 155,934 | |||
| 7,314 | 8,134 | |||
| t2overnance | costs | |||
| Auditors' remuneration |
9,000 | 8,2(N | ||
| Acc untancy | and legal fees | 89323 | 15.003 | |
| 98323 | ~23 203 | |||
| Totalrcsources | expended | 91R646 | 829,196 | |
| Net iamme | 23,545 | 27.091 |