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2023-04-05-accounts

1-3 Report ofthe Trustees
Independent Examiners'
Report
Statement of Receipts and Payments
Statement of Assets and Liabilities
7 - 11 Notes forming part ofthe financial statements.
12 Detailed Statement ofFinancial Activities for the year
ended 5 April 2023.

2023 2023 2023 2022
Unrestricted Restricted Total Total
Notes Funds Funds Funds Funds
INCOME AND ENDOWMENTS FROM
Donations
and legacies
32540 8425 40965 26395
Investment
Income
42170 42170 39231
Grants
Renewable
Heat Incentive
6564 6564 4796
Insurance
Claim
13960 13960
95234 8425 103659 70422
EXPENDITURE ON
Raising funds 2602 2602 2292
Charitable
Activities:
Staff Costs 16180 8425 24605 23424
Administration 3221 3221 3556
Establishment 44325 44325 15042
Equipment
Costs
49 49 42
Gifts and Donations 3600 3600 4204
69977 8425 78402 48560
NET INCOME/(EXPENDITURE) 25257 25257 21862
Net movement
in funds
25257 25257 21862
RECONCILIATION OFFUNDS
Total funds brought forward 2939038 2939038 2917176
TOTAL FUNDS CARRIED FORWARD 2964295 2964295 2939038

2023 2023 2023 2022
Unrestricted Restricted Total Total
Note Funds Funds Funds Funds
FIXEDASSETS
Tangible Assets
Social Investments
1252103
1659988
1252103
1659988
1252152
1660228
2912091 2912091 2912380
CURRENT ASSETS
Debtors
1977 1977 8751
Cash at Bank and in Hand 55464 55464 42873
57441 57441 51624
CREDITORS
Amounts
falhng due within one year
5237 5237 24966
NET CI.JRRENT ASSETS 52204 52204 26658
TOTAL ASSETSLESSCURRENT LIABILITIES 2964295 2964295 2939038
CREDITORS
Amounts
falling due after more than one year
NETASSETS 2964295 2964295 2939038
FUNDS
Unrestricted
Funds
10 2964295 2964295 2939038
Restricted Funds 10
TOTALFUNDS 2964295 2964295 f2939038

INVESTMENT INCOME
2023 2022
Rents received 42039 39100
Wayleave 131 131
42170 39231
2023 2022
2602 2292

Freehold
Property Equipment Totals
COST
At 6April 2022 1252103 42362 1294465
Additions in the year
As at 5 April 2023 1252103 42362 1294465
DEPRECIATION
At 6 April
Charge for
2022
year
42313
49
42313
49
At 5 April 2023 42362 42362
NET BOOKVALUE
At 5April 2023 1252103 1252103
At 5 April 2022 1252103 49 1252152

SOCIAL INVESTMENTS
Programme related
investments
Loans Property Totals
MARKET VALUE
At 6April 2022 22780 1637448 1660228
Disposals (240) (240)
As at 5 April 2023 22540 1637448 1659988
NET BOOKVALUE
At 5 April 2023 22540 1637448 1659988
At 5 April 2022 23780 1637448 1660228

DEBT ORS:AMOUNTS FALLING DUE WITHIN O NE YEAR
2023 2022
Trade Debtors 1402 8537
prepay ments 575 214
1977 8751
CREDITORS; AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
Trade Creditors 1833 21948
Taxation and social security 923 922
Other Creditors 2481 2096
5237 24966

STATEME NT OFFUNDS
~6A ril ~5A ril
2022 Interne E~Chture Transfers 2023
Unrestricted Funds 2939038 95234 (69977) 2964295
Restricted Funds 8425 (8425)
Total Funds 2939038 103659 78402 2964295
Restricted Funds are represented by:
B/Fwd at C/Fwd at
~6A ril ~5A ril
2022 Income E~xennt tnre Transfers 2023
Valley Christian Fellowship (8425)
8425 (8425)

Unrestricted Restricted Total
Funds Funds Funds
2912091 2912091
57441 57441
(5237) (5237)
2964295 2964295
2912380 2912380
51624 51624
(24966) (24966)
2939038 2939038

2023 2022
INCOME AND ENDOWMENTS
Donations and le acies
Donations 40965 26395
Investment Income
Rents received 42039 39100
Wayleave l31 131
42170 39231
Insurance
Claim
13960
Renewable Heat Incentive 6564 4796
Total Incoming Resources 103659 70422
EXPENDITURE
Investment Mana ement Costs
Rent Collection 2602 2292
Charitable Activities
Wages 24070 22923
Employee Expenses 715 663
Rates and Water 6130 4565
Insurance 4661 4101
Light and Heat 4165 3887
Telephone 658 671
Postage and Stationery 282 149
Cleaning 3441 1035
Repairs and Property Maintenance 25928 1454
Gifts and Donations 3600 4204
Depreciation ofTangible fixed Assets 49 42
73699 43694
Governance Costs
Pensions 535 501
Accountancy and Legal Fees 1566 2073
2101 2574
Total Resources Expended 78402 48560
Net Income 25257 21862