| Page | ||
|---|---|---|
| Charity Information |
||
| Trustees report |
||
| Independent auditors' |
report | |
| Statement of financial |
activities | |
| Balance sheet | ||
| Cash flow statement | ||
| Notes to the accounts | ||
| Detailed expenses |
| 2022 | 2021 | |||
|---|---|---|---|---|
| E | F | |||
| Income and endowments | from: | |||
| Gift aid | 33,019 | 37,443 | ||
| Tithes and offerings | 414,393 | 289,624 | ||
| Other income | 3,218 | 26,857 | ||
| Rent | 48,167 | 62,016 | ||
| Interest received | 21 | 293 | ||
| Total incoming resources |
498,818 | 416,233 | ||
| Expenditure on: |
||||
| Direct expenses | 55,596 | 35,379 | ||
| Employee costs | 149,885 | 142,392 | ||
| Premises costs | 61,913 | 111,894 | ||
| General administrative |
expenses | 100,384 | 49,377 | |
| Legal and professional | costs | 11,553 | 19,346 | |
| Interest payable | 57,995 | 54,615 | ||
| Total expenditure | 437,326 | 413,003 | ||
| Net income/(expenditure) | 61,492 | 3,230 | ||
| Total funds brought | forward | 3,240, 042 | 3,236,812 | |
| Total funds carried forward | 3,301,534 | 3,240,042 |
| ss at 31 IHarch 20 | 22 | |||||
|---|---|---|---|---|---|---|
| 2021 | ||||||
| Fbred assets | ||||||
| Tangible assets | 6,018,328 | 6,028,710 | ||||
| 1 | ||||||
| Current assets | ||||||
| Debiora Cash at bank and ih hand |
10 | 49,531 381.343 4M, 873 |
38,328 408/8 ~t)8 |
|||
| Creditors; arnnunfs within one year |
falling due | 11 | (139,778) | (121,513) | ||
| Net Current assets | 323,093 | |||||
| Total assets less current | ||||||
| gablllgss | 5,319,425 | 5,349,806 | ||||
| Creditors: amounts after more than one |
falling r)ue year |
12 | (2,017,891) | (2,109,761) | ||
| Net assets | 3301,534. | ~3240 | ||||
| Capilal snd reserves Unrestricted funds |
14 | 3,301,634 | 3,240,042 | |||
| Total charity funda | 3 301 534 |
| 2022f | 2021 6 |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Cash generated from operations |
||||||||||
| Net Income | 61,492 | 3,230 | ||||||||
| Reconciliation to cash generated |
from operations: | |||||||||
| Depreciation and (profit)/loss |
on sale | of | fixed | assets | 8,382 | 8,434 | ||||
| (Increase)/decrease in |
debtors | (13,203) | 9,204 | |||||||
| Increase in creditors |
43 | 15,573 | ||||||||
| 56,714 | 36,441 | |||||||||
| Cash generated offinancing |
activities | |||||||||
| New long-term bank borrowings |
171,484 | |||||||||
| Repayment of amounts borrowed |
83,650) | (6,751) | ||||||||
| (83,650) | 164,733 | |||||||||
| Net (decrease)fincrease | in cash | (26,936) | 201,174 | |||||||
| Cash at bank and in hand |
less | overdrafts | at | 1 | April | 408,278 | 207,104 | |||
| Cash at bank and in hand less | overdrafts | at 31 | March | 381,342 | 408,278 | |||||
| Consisting of: |
||||||||||
| Cash at bank and in hand |
381,342 | 408,278 | ||||||||
| Changes in net debt |
||||||||||
| Secured loans | ||||||||||
| Brought forward Advances Repayments Carried forward |
2,198,249 ~63,656 2,114,599 |
2,033,516 171,484 ~6,751 2,198,249 |
| 4 | Net income/(expenditure) | 2022 8 |
2021f | |
|---|---|---|---|---|
| This is stated after charging/(crediting) | ||||
| Other income —furlough |
grants | (834) | (26,857) | |
| Auditors' remuneration |
3,600 | 3,300 | ||
| 5 | Governance costs | 2022 | 2021 | |
| Salaries and allowances | 134,308 | 134,381 | ||
| Motor expenses | 15,577 | 8,011 | ||
| Premises costs | 58,795 | 109,479 | ||
| Office overheads | 6,933 | 9,494 | ||
| Insurance | 28,322 | 26,976 | ||
| Accountancy fees |
1,473 | 3,819 | ||
| Audit fees | 6,405 | 3,000 | ||
| Bank charges | 1,903 | 1,034 | ||
| Other expenses | 3,423 | 496 | ||
| Depreciation | 8,383 | 8,434 | ||
| 265,522 | 305,124 | |||
| 6 | Interest payable | 2022 | 2021 | |
| 8 | ||||
| Interest payable | 57,995 | 54,615 | ||
| 7 | Salaries and allowances | 2022 | 2021 | |
| Salanes and wages | 139,252 | 119,484 | ||
| Social security costs | 2,352 | 971 | ||
| Pension | 1,027 | 671 | ||
| 142,631 | 121,126 |
| for | the year ended 31 March 2022 | the year ended 31 March 2022 | |||
|---|---|---|---|---|---|
| 9 | Tangible fixed assets | ||||
| Freehold | Plant and | Motor | |||
| propertyf | machinery | vehiclesf | Total | ||
| Cost | |||||
| At 1 April 2021 | 4,975,425 | 127,636 | 56,470 | 5,159,531 | |
| At 31 March 2022 | 4,975,425 | 127,636 | 56,470 | 5,159,531 | |
| Depreciation | |||||
| At 1 April 2021 | 89,017 | 43,804 | 132,821 | ||
| Charge for the year | 5,968 | 2,414 | 8,382 | ||
| At 31 March 2022 | 94,985 | 46,218 | 141,203 | ||
| Net book value | |||||
| At 31 March 2022 | 4,975,425 | 32,651 | 10,252 | 5,018,328 | |
| At 31 March 2021 | 4,975,425 | 38,619 | 12,666 | 5,026,710 | |
| 10 | Debtors | 2022 | 2021 | ||
| Gift aid | 19,795 | 18,695 | |||
| Community Projects Other debtors |
16,505 13,231 |
17,007 626 |
|||
| 49,531 | 36,328 | ||||
| 11 | Creditors: amounts | falling due within one year | 2022 | 2021 | |
| 6 | F | ||||
| Bank loans and overdrafts | 96,708 | 88,488 | |||
| Trade creditors | 10,816 | ||||
| Other taxes and social secunty costs | 12,475 | 9,320 | |||
| Other creditors | 20,593 | 12,889 | |||
| 129,776 | 121,513 | ||||
| 12 | Creditors: amounts | falling due after one year | 2022 | 2021 | |
| 8 | 6 | ||||
| Bank loans | 2,017,891 | 2,109,761 |
| 13 | Loans | 2022 | 2021 | ||
|---|---|---|---|---|---|
| 6 | 6 | ||||
| Creditors | include: | ||||
| Amounts | falling due for payment | after more than five years | 1,636,059 | 1,705,809 | |
| Secured | bank loans | 2,114,599 | 2,198,249 |
| 14 | Unrestricted funds |
2022 |
|---|---|---|
| 6 | ||
| At 1 April 2021 | 3,240,042 | |
| Net movement in fund |
61,492 | |
| At 31 March 2022 | 3,301,534 |
| for the year e | nded | 31 March 2022 | ||
|---|---|---|---|---|
| 2022 | 2021f | |||
| Direct expenses | ||||
| Ministry costs | 53,587 | 35,229 | ||
| Sound engineer | 150 | |||
| Other direct costs | 2,009 | |||
| 55,596 | 35,379 | |||
| Administrative | expenses | |||
| Employee costs | ||||
| Wages and | salaries | 134,308 | 134,381 | |
| Motor and travel | 15,577 | 8,011 | ||
| 149,885 | 142,392 | |||
| Premises costs: | ||||
| Service charges | 17,146 | 50,283 | ||
| Rates, light | and heat | 41,649 | 59,196 | |
| Cleaning | 3,118 | 2,415 | ||
| 61,913 | 111,894 | |||
| General administrative | expenses | |||
| Telephone and fax |
4,691 | 3,429 | ||
| Stationery and printing |
2,242 | 2,515 | ||
| Bank charges | 1,903 | 1,034 | ||
| Insurance | 28,322 | 26,976 | ||
| Equipment | hire | 7,839 | 3,550 | |
| Software | 601 | 427 | ||
| Repairs and | maintenance | 42,980 | 15,920 | |
| Depreciation | 8,383 | 8,434 | ||
| (Profit)/Loss | on disposal | (13,404) | ||
| Sundry expenses | 3,423 | 496 | ||
| 100,384 | 49,377 | |||
| Legal and professional | costs | |||
| Audit fees | 6,405 | 3,000 | ||
| Accountancy | fees | 1,473 | 3,819 | |
| Other legal | and professional | 3,675 | 12,527 | |
| 11,553 | 19,346 | |||
| 323,735 | 323,009 |