| STAT~EME TQFF |
IAMC~LCTLVlTIES | IAMC~LCTLVlTIES | YEAR END | gP 53 LI APRIL 2 | 023 | |
|---|---|---|---|---|---|---|
| Unres!ricted | Restricted | LG. Memarial | 2023 | 2022 | ||
| Funds | Funds | Endowment | All | All | ||
| Fund | Funds | Funds | ||||
| ((t(()()~gN~fN~Q5I | 5 | 8 | ||||
| Contribugons and Donations Allocation fram LG, Fund |
6,606 1,035 |
2,308 | 8,914 1,035 |
10,256 870 |
||
| Legacy Investmsnt Incame Income fmm Matching Funds |
40,752 | 1,000 2.178 |
1,688 | 1.000 44,616 |
9,858 35,095 |
|
| held in U,S.A- LG. Fund Virgin Depasit Income |
27 | 5,987 | 5,987 27 |
5,033 14 |
||
| Bank Deposit Income | 97 | 97 | 3 | |||
| Propelty Rents Total Incoming Resources |
4,150 52,667 |
~5488 | 7,673 | 4, '150 65S28 |
3975 65104 |
|
| E)LPEIIE) IJUITE ON | ||||||
| Direct Charitable Expenditure |
||||||
| Grants to Societiss snd Individuals Other Direct Charitable Expenses |
42,000 2,456 |
6,317 1,406 |
7,873 | 55,990 3,862 |
55,074 3,348 |
|
| Management and Admin. Expenses Propelty Expenses |
1,977 1,948 |
1,977 1,948 |
1,948 10,905 |
|||
| Total Resources Expended (Note 2) | 48381 | 7723 | 7673 | 63a777 | 7~12?3 | |
| Gains (Losses) on Inves trna nt Assets:- | ||||||
| Nst Unrealissd for ths year |
(5,112' | 3,896 | (65,835 | 91,084 | ||
| ET IN P NDIT |
(52,541) | (7,.349) | (3,896) | (83,786) | 84,915 | |
| NE~TQVEggNT IN F(2NDS Fund Balsnces:- |
(52,541) | (7,349) | (3.896) | (63,786) | 84,915 | |
| Brought Forward at 6th Apnl 2022 | I | SLESV | 42,475 | 1,190,298 | 1,105,383 | |
| FUND BALANCES CARRIED | ||||||
| FORWARD AT 5TH APRIL 2023 | 1 | 025,655 | 62,278 | 38,5?9 | 1,126,512 | '(,190,298 |
| ~MT | ||||||
| Unrealised Gains (orLasses) on |
||||||
| lnvestrnsnts st 5th April 2023 |
234,584 | 6,534 | 5,157 | 246,275 | 312,110 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Gross income ofcontinuing | operations | 58,153 | 58,853 | |
| Total expenditure ofcontinuing |
operations | 66 164 | 64 622 | |
| Net income for the year | ~2646 | 6166 |
| Q | A~ | N~EH | ~ET A4 AT 5THA | PRI~ | PRI~ | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 f |
2022 f | ||||||||||
| FIXEDASSETS(Note 3) | |||||||||||
| Tangible Assets:- | |||||||||||
| Pastor's House al Cost | 158,673 | 158,873 | |||||||||
| Council Investments atM~arke |
Value | 1,068,354 | 1,134,189 | ||||||||
| USA Investmenh atMarket |
Value | 593,424 | 637,527 | ||||||||
| CURRENT ASSETS |
1,820,451 | 1,930,389 | |||||||||
| Debtors and Payments | in Advance | ||||||||||
| income Tax not yet recovered | re Gift | Aid Contributions | 1,906 | 1,924 | |||||||
| Stamps bought in advance |
135 | 133 | |||||||||
| Website Domain paid | in advance | 57 | 68 | ||||||||
| Bank Current Account | 23,204 | 26,528 | |||||||||
| Bank Deposit Accounts | 53,872 | 38,215 | |||||||||
| Virgin Charity Deposit | Accounts | 26,789 | 26,719 | ||||||||
| 105,963 | 93,587 | ||||||||||
| Less Creditors -amounts falling due |
in one | year, | |||||||||
| and contributions | received | in advance | 14009 | ||||||||
| N~ET | RREET~TS | 'l01 929 | 79578 | ||||||||
| ~N(kgb'5 | |||||||||||
| CAPITA U~IND | |||||||||||
| L.G.Memorial Endowment |
Fund | 36,579 | 42.475 | ||||||||
| INCOME FUNDS | |||||||||||
| Restricted Funds:- | |||||||||||
| Newslener Fund |
3,433 | 3,349 | |||||||||
| Assembly Fund |
4,733 | 4,462 | |||||||||
| Benevokrnt Fund |
54,112 | 61,816 | |||||||||
| Dmvson Fund |
62,278 | — | 69,627 | ||||||||
| unrestricted Funds:- |
|||||||||||
| Gensral Fund |
619,142 | 849,019 | |||||||||
| Gisnvlii Bequest | 378,702 | 403,568 | |||||||||
| Housing Maintenance |
Fund | 4,703 | 2,501 | ||||||||
| SperJaf Expenses Fund | 9,221 | 9,221 | |||||||||
| investment Reserve (General |
Fund) | 13887 | 1025655 | 13887 | 1078196 | ||||||
| WXS )UDQJf(s(LEE FL595(Note 4) | 1,126,512 | 1,190,298 | |||||||||
| UENEIIAL~CR NU,~AN |
~ | IN | I | SI | |||||||
| House Purchase Grant |
158,673 | 158,673 | |||||||||
| Properly Maintenance |
Fund | (formerly | House | Sale Proceeds A/C) | 637 195 | ~7958 8 | 6~60995 | 819689 | |||
| XQXhLZL(fig(a (Note 5) | |||||||||||
| The | Directors' Statement on |
Page 8forms | part of | ths Balance Shee |
| (2)A~YISOF Tlat{ | (). | R P |
D | |||||
|---|---|---|---|---|---|---|---|---|
| unrestricted | Restricted | L.G. Memorial | 2023 | 2022 | ||||
| Funds | Funds | Endowment | Ail | All | ||||
| Fund | Funds | Funds | ||||||
| 5 | 6 | |||||||
| Direct Chsritable Expendiiure:- |
||||||||
| Granls to Church Sureties | ¹2,000 | 1,000 | 7,673 | 50,673 | 53,309 | |||
| Grants to Individuals | etc. | 5,317 | 5,317 | 1,765 | ||||
| Pastorswoluntesrs' | Travelling | Expenses (UK} | 1,274 | 1,274 | 933 | |||
| Pastors'Nolunleem' | Travelling | Expenses (non UK) | 619 | |||||
| Pastors' Open Road | Expanses | 824 | 624 | |||||
| Brochures | 218 | 218 | ||||||
| Newsletter Produces | and Distribution | 1,406 | 1,406 | 1,576 | ||||
| Training | 340 | 220 | ||||||
| 44,456 | 7,723 | 7673 | 59852 | 58,422 | ||||
| Marwgement snd Administration:- |
||||||||
| Printing, Stationery, |
Poslage and Telephone | - General | 148 | 148 | 126 | |||
| Company Registrar's |
Fee | 13 | 13 | 13 | ||||
| Independent Examiner's Fee |
1,032 | 1,032 | 1,008 | |||||
| Sundry Expenses | 784 | 784 | 797 | |||||
| 1,977 | 1,977 | 1.946 | ||||||
| Property Expenses:- | ||||||||
| Insurancs and Repairs | 1,948 | 1,948 | 10,905 | |||||
| Total Resources Expended | 48381 | 7723 | 7673 | 63777 | 71,273 |
| Balances | ||||||||
|---|---|---|---|---|---|---|---|---|
| 8th~A2~22 | Balances 8th Anril | 2023 | ||||||
| Before | Before | Unrealised | Adjusted for |
|||||
| Unmalised | incoming | Outgoing | Unrsalissd | investment | Unreslised | |||
| Investment | Resources | Resources | Investment | Gains/ | Investment | |||
| Gains/Losses | Gains/Losses f |
iLossesg | Gains/Losses | |||||
| ENDOWMENT | ||||||||
| LG, Mernodal End. | Fund | 33,422 | 7,673 | (7,673) | 33,422 | 5,157 | 38,579 | |
| jjjum(C~ED F | DS | |||||||
| Newsletter Fund |
3,349 | 1,490 | «,406) | 3,433 | 3,433 | |||
| Assembly Fund |
4,482 | 271 | 4,733 | 4,733 | ||||
| Benevolent Fund |
50,170 | 2,725 | (5,3t7) | 47,578 | 6,534 | 54,112 | ||
| Dawson Fund |
1,000 | (1,000) | ||||||
| Total | 57981 | 5486 | (7,772231 | 62,278 | ||||
| V~SARITEDF~UDS | ||||||||
| General Fund |
472,549 | 31,839 | (30,433) | 473,955 | 145,187 | 619,142 | ||
| Gtanvdl Bequest | 288,627 | 16,678 | (16,000) | 289,305 | 89,397 | 378,702 | ||
| Designated Funds: |
~ | |||||||
| House Maintenance | Fund | 2,501 | 4,150 | (1,948) | 4,703 | 4;m3 | ||
| Special Expenses | Fund | 9,221 | 9,221 | 9,221 | ||||
| Investment Reserve |
||||||||
| (General Fund) | 13887 | 13887 | 13,887 | |||||
| Total | 788 785 | 52667 | 48 38'I I | 791,071 | 234,584 | 1s025,655 | ||
| TOTAL | 8?8,188 | 65,826 | (63,777) | 880,237 | 246,275 | 1,126,512 |
| (6) | G NER | AL H |
M%5 | ||||
|---|---|---|---|---|---|---|---|
| House | Properly | 2023 | 2022 | ||||
| Purchase | Maintenance | Total | Total | ||||
| Grant | Fund | ||||||
| 8 | f. | ||||||
| Balance 8/F 8th April 2022 | 158,673 | 660,996 | 619,669 | 770,411 | |||
| Investment | Income | 24,952 | 24,952 | 19,956 | |||
| Bank Deposit | Interest | 93 | 93 | 4'I | |||
| 158,673 | 844,714 | 790,408 | |||||
| Less Repairs |
to Church Properties | ~3~43 | ~223371 | ||||
| (4,743) | (4,743) | (22,837) | |||||
| 158,673 | 681,298 | 839,971 | 787,571 | ||||
| Less | |||||||
| Unrealised | Griin/(Loss) | 8/F | 79,357 | 79,357 | 27,259 | ||
| Unreslised | Gain/(Loss) | C/F | 35,254 | 35,254 | 7S,357 | ||
| Balance C/F | 5th April 2023 | 158,673 | 837,195 | 795868 | 81S,669 |