| Page | |
|---|---|
| ReportoftheTrustees | 1to 3 |
| IndependentExaminer'sReport | 4 |
| StatementofFinancialActivities | 5 |
| BalanceSheet | 6 |
| NotestotheFinancialStatements | 7to11 |
| 2023 | 2022 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOMEANDENDOWMENTSFROM | |||
| Donationsandlegacies | 2 | 224,284 | 173,519 |
| Investmentincome | 3 | 251 | 18 |
| Total | 224,535 | 173,537 | |
| EXPENDITUREON | |||
| Charitableactivities | |||
| FellowshipbetweenEvangelical | |||
| CongregationalChurches | 184,289 | 167,514 | |
| NETINCOME | 40,246 | 6,023 | |
| RECONCILIATIONOFFUNDS | |||
| Totalfundsbroughtforward | 39,446 | 33,423 | |
| TOTALFUNDSCARRIEDFORWARD | 79,692 | 39,446 |
| BalanceSheet 31stDecember2023 |
|||
|---|---|---|---|
| 2023 | 2022 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| FIXEDASSETS | |||
| Tangibleassets | 10 | 4,992 | 5,696 |
| CURRENTASSETS | |||
| Debtors | 11 | 47,260 | 23,096 |
| Cashatbank | 27,440 | 10,654 | |
| 74,700 | 33,750 | ||
| NETCURRENTASSETS | 74,700 | 33,750 | |
| TOTALASSETSLESSCURRENT | |||
| LIABILITIES | 79,692 | 39,446 | |
| NETASSETS | 79,692 | 39,446 | |
| FUNDS | 12 | ||
| Unrestrictedfunds | 79,692 | 39,446 | |
| TOTALFUNDS | 79,692 | 39,446 |
| 2. | DONATIONSANDLEGACIES | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| £ | £ | |||
| Donationsandgifts | 70,859 | 38,905 | ||
| Grants | 16,425 | 15,614 | ||
| Feesandexpensesallocatedtoothercharities | 137,000 | 119,000 | ||
| 224,284 | 173,519 | |||
| Grantsreceived,includedintheabove,areasfollows: | ||||
| 2023 | 2022 | |||
| £ | £ | |||
| FellowshipbetweenEvangelicalCongregationalChurches | 16,425 | 15,614 | ||
| 3. | INVESTMENTINCOME | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Depositaccountinterest | 251 | 18 | ||
| 4. | CHARITABLEACTIVITIESCOSTS | |||
| Support | ||||
| Direct | costs(see | |||
| Costs | note5) | Totals | ||
| £ | £ | £ | ||
| FellowshipbetweenEvangelical | ||||
| CongregationalChurches | 77,190 | 107,099 | 184,289 | |
| SUPPORTCOSTS | ||||
| Management | ||||
| £ | ||||
| FellowshipbetweenEvangelical | ||||
| CongregationalChurches | 107,099 |
| 7. | STAFFCOSTS | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| £ | £ | |||
| Totalemolumentspaidtoemployeesintheyear | ||||
| wereasfollows: | ||||
| Salaries | 88,248 | 82,006 | ||
| SocialSecurity | 15, | 175 | 11,122 | |
| Pensions | 12,012 | 10,096 | ||
| 115,435 | 103,224 | |||
| Theaveragemonthlynumberofemployeesduringtheyearwasasfollows: | ||||
| 2023 | 2022 | |||
| Charitable | 3 | 3 | ||
| Administration | 2 | 2 | ||
| Noemployeesreceived emolumentsinexcessof£60,000. | ||||
| 8. | COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES | |||
| Unrestricted | ||||
| fund | ||||
| £ | ||||
| INCOMEANDENDOWMENTSFROM | ||||
| Donationsandlegacies | 173,519 | |||
| Investmentincome | 18 | |||
| Total | 173,537 | |||
| EXPENDITUREON | ||||
| Charitableactivities | ||||
| FellowshipbetweenEvangelical | ||||
| CongregationalChurches | 167,514 | |||
| NETINCOME | 6,023 | |||
| RECONCILIATIONOFFUNDS | ||||
| Totalfundsbroughtforward | 33,423 | |||
| TOTALFUNDSCARRIEDFORWARD | 39,446 |
| 9. | INDEPENDENTEXAMINER'SREMUNERATION | |||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| £ | £ | |||||
| Otherfeestoexaminers | ||||||
| Independentexamination | 890 | 828 | ||||
| Allotherservices | 6,686 | 5,419 | ||||
| 7,576 | 6,247 | |||||
| 10. | TANGIBLEFIXEDASSETS | |||||
| Computer | ||||||
| equipment | ||||||
| £ | ||||||
| COST | ||||||
| At1stJanuary2023 | 16,611 | |||||
| Additions | 720 | |||||
| At31stDecember2023 | 17,331 | |||||
| DEPRECIATION | ||||||
| At1stJanuary2023 | 10,915 | |||||
| Chargeforyear | 1,424 | |||||
| At31stDecember2023 | 12,339 | |||||
| NETBOOKVALUE | ||||||
| At31stDecember2023 | 4,992 | |||||
| At31stDecember2022 | 5,696 | |||||
| 11. | DEBTORS:AMOUNTSFALLINGDUEWITHINONEYEAR | |||||
| 2023 | 2022 | |||||
| £ | £ | |||||
| EFCCTrustCorporation | 27,614 | 14,267 | ||||
| EFCCCharitiesAdministered | 19,171 | 8,056 | ||||
| Prepayment-Conferences | 475 | 773 | ||||
| 47, | 260 | 23,096 | ||||
| 12. | MOVEMENTINFUNDS | |||||
| Net | ||||||
| movement | At | |||||
| Ati1.23 | infunds | 3112.23 | ||||
| £ | £ | £ | ||||
| Unrestrictedfunds | ||||||
| Generalfund | 39,446 | 40,246 | 79,692 | |||
| TOTALFUNDS | 39,446 | 40,246 | 79,692 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | infunds | ||
| £ | £ | £ | ||
| Unrestrictedfunds | ||||
| Generalfund | 224,535 | (184,289) | 40,246 | |
| TOTALFUNDS | 224,535 | 184,289) | 40,246 | |
| Comparativesformovementinfunds | ||||
| Net | ||||
| movement | At | |||
| At1. 1.22 | infunds | 31.12.22 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| Generalfund | 33,423 | 6,023 | 39,446 | |
| TOTALFUNDS | 33,423 | 6,023 | 39,446 | |
| Comparativenetmovementinfunds,includedintheaboveareasfollows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | infunds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| Generalfund | 173,537 | (167,514) | 6,023 | |
| TOTALFUNDS | 173,537 | 167,514) | 6,023 | |
| 13. | RELATEDPARTYDISCLOSURES | |||
| Duringtheyearthecharityhadthefollowingincomingresourcesfromrelatedparties | ||||
| 2023 | 2022 | |||
| £ £ | ||||
| EFCCTrustCorporation | 137,000 | 119,000 | ||
| Attheyearendtherewerethefollowingbalances | duefromrelatedparties: | |||
| 2023 | 2022 | |||
| £ | £ | |||
| EFCCCharitiesAdministered | 19,171 | 8,056 | ||
| EFCCTrustCorporation | 27,614 | 14,267 | ||
| 46,785 | 22,323 |