| Page | |
|---|---|
| Trustees' Report | 1−3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7−9 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| 2022 | 2022 | 2022 | 2021 | |
| Incoming resources | ||||
| Investment income | ||||
| Property rents received | 80036 | 80036 | 96431 | |
| Bank interest received | 8906 | 8906 | 18091 | |
| Voluntary income | ||||
| Chaplaincy, offerings and masses celebrated | 29824 | 29824 | 24378 | |
| Donations for Missions | 2509 | 2509 | 4765 | |
| Total Incoming Resources | 121275 | 121275 | 143665 | |
| Resources Expended | ||||
| Charitable activities | ||||
| Clothing | 304 | 304 | 412 | |
| Bank charges | 272 | 272 | 32 | |
| Books, newspapers and subscriptions | 1128 | |||
| Housekeeping and provisions | 4958 | 4958 | 4771 | |
| Heat, light, water and council tax | 4600 | 4600 | 4835 | |
| Motor and travel expenses | 3139 | 3139 | 1644 | |
| Repairs and renewals | 2675 | 2675 | 4244 | |
| Telephone | 1268 | 1268 | 877 | |
| Stationery, printing and postage | 2029 | 2029 | 1733 | |
| Insurances | 7271 | 7271 | 6989 | |
| Chapel expenses | 103 | 103 | 155 | |
| Medical expenses | 1239 | 1239 | 5007 | |
| Missionary expenditure | 90000 | 90000 | 90000 | |
| Depreciation including profit on sale of assets | 80 | 80 | 97 | |
| Home leave | 1398 | 1398 | 42 | |
| Governance costs | ||||
| Accountancy and legal fees | 3000 | 3000 | 2700 | |
| Total Resources Expended | 122336 | 122336 | 124666 | |
| Net (Outgoing)/Incoming Resources for the year | (1061) | (1061) | 18999 | |
| Gains on Investments | ||||
| Fund brought forward at 1 January 2022 | 3385419 | 400000 | 3785419 | 3766420 |
| Fund carried forward at 31 December 2022 | 3384358 | 400000 | 3784358 | 3785419 |
| Note | 2022 | 2021 | |
|---|---|---|---|
| TANGIBLE FIXED ASSETS | |||
| Properties | 3 | 2336712 | 2336712 |
| Other fixed assets | 3 | 10468 | 548 |
| 2347180 | 2337260 | ||
| CURRENT ASSETS | |||
| Cash at bank and in hand | 4 | 1403626 | 1470183 |
| Debtors and prepayments | 56785 | 24531 | |
| 1460411 | 1494714 | ||
| CURRENT LIABILITIES | |||
| Sundry creditors and accruals | (23233) | (46555) | |
| Net Current Assets | 1437178 | 1448159 | |
| NET ASSETS | 3784358 | 3785419 | |
| Represented by: | |||
| Restricted funds: general administration | 400000 | 400000 | |
| Unrestricted funds | 5 | 3384358 | 3385419 |
| 3784358 | 3785419 |
| PROPERTIES AT VALUATION | 2022 | 2021 |
|---|---|---|
| Properties at Brighton | 1455021 | 1455021 |
| 3 Salisbury Avenue, London | 881691 | 881691 |
| 2336712 | 2336712 |
| 3. | FIXED ASSETS | Fixtures & Fittings | Equipment | Motor Vehicles | Total |
|---|---|---|---|---|---|
| Cost: | |||||
| At 1 January 2022 | 7783 | 25158 | 3295 | 36236 | |
| Additions | 10000 | 10000 | |||
| − | |||||
| At 31 December 2022 | 7783 | 25158 | 13295 | 46236 | |
| Depreciation | |||||
| At 1 January 2022 | 7421 | 25075 | 3192 | 35688 | |
| Charge for the year | 37 | 17 | 26 | 80 | |
| At 31 December 2022 | 7458 | 25092 | 3218 | 35768 | |
| Net Book Values | |||||
| At 31 December 2022 | 325 | 66 | 10077 | 10468 | |
| At 31 December 2021 | 362 | 83 | 103 | 548 | |
| Property | |||||
| Property at valuation (note 2) | 2336712 | ||||
| Net Book Value | |||||
| At 31 December 2022 | 2336712 | ||||
| At 31 December 2021 | 2336712 | ||||
| 4. | CASH AT BANK AND IN HAND | 2022 | 2021 | ||
| HSBC current account | 38631 | 104212 | |||
| HSBC fixed rate account | 1674 | 786 | |||
| HSBC money market account | 100000 | 100000 | |||
| Barclays Community account | 1260000 | 1260000 | |||
| Cash in hand | 3591 | 5185 | |||
| 1403626 | 1470183 |
| 5. | UNRESTRICTED FUNDS | 2022 | 2021 |
|---|---|---|---|
| At 1 January 2022 | 3385419 | 3366420 | |
| (Deficit)/surplus for the year | (1061) | 18999 | |
| At 31 December 2022 | 3384358 | 3385419 |