|||Page|
|---|---|---|
|Charity
Information|||
|Trustees report|||
|Independent
auditors'|report||
|Statement offinancial|activities||
|Balance sheet|||
|Cash flow statement|||
|Notes to the accounts|||
|Detailed expenses||17|
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||||2023|2022|
|---|---|---|---|---|
||||F|F|
|Income and endowments||from:|||
|Gift aid|||51,630|33,019|
|Tithes and offerings|||388,717|414,393|
|Other income|||5,785|3,218|
|Rent|||69,337|48,167|
|Interest received|||218|21|
|Total incoming resources|||515,687|498,818|
|Expenditure
on:|||||
|Direct expenses|||62,291|55,596|
|Employee costs
Premises costs|||148,766
79,175|149,885
61,913|
|General administrative|expenses||157,205|100,384|
|Legal and professional|costs||6,818|11,553|
|Interest payable|||99,614|57,995|
|Total expenditure|||553,663|432 326|
|Net income/(expenditure)|||(38,182)|61,492|
|Total funds brought|forward||3,301,534|3,240,042|
|Total funds carried forward|||3,263,352|3,301,534|
|as at 31 March|20|23||||||
|---|---|---|---|---|---|---|---|
||||Notes||2023||2022|
||||||8||6|
|Fixed assets||||||||
|Tangible assets|||||5,018,753||5,018,328|
|Current assets||||||||
|Debtors|||10|49,162||49,531||
|Cash at bank and|in hand|||258,104||381,342||
|||||307,266||430,873||
|Creditors: amounts||falling due||||||
|within one year|||11|(74,067)||(129,776)||
|Net current assets|||||233,199||301,097|
|Total assets less|current|||||||
|liabilities|||||5,251,952||5,319,425|
|Creditors: amounts||falling due||||||
|after more than one||year|12||(1,988,600)||(2,017,891)|
|Net assets|||||3,263,352||3,301,534|
|Capital and reserves
Unrestricted
funds|||14||3,263,352||3,301,534|
|Total charity funds|||||3,263,352||3,301,534|
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|forthe year en|ded|31 Mar|ch|2023|||||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
|||||||||6|
|Cash generated|from|operations|||||||
|Net Income|||||||(38,182)|61,492|
|Reconciliation
to|cash|generated||from operations:|||||
|Depreciation|and (profit)/loss|||on sale|of|fixed assets|8,145|8,382|
|Decrease/(increase)||in debtors|||||369|(13,203)|
|(Decrease)/increase||in creditors|||||(4,738)|43|
||||||||(34,406)|56,714|
|Cash generated|offinancing||activities||||||
|Repayment
ofamounts||borrowed|||||(86,352)|(83,650)|
||||||||(86,352)|(83,650)|
|Cash generated|from|investing||activities|||||
|Purchase oftangible
fixed assets|||||||(8,570)||
|Proceeds from sale of||tangible|fixed assets||||||
||||||||(8,570)||
|Net decrease
in|cash||||||(129,328)|(26,936)|
|Cash at bank and|in hand less||overdrafts||at 1 April||381,342|408,278|
|Cash at bank and in hand less||||overdrafts||at 31 March|252,014|381,342|
|Consisting
of:|||||||||
|Cash at bank and|in hand||||||258,104|381,342|
|Overdrafts|||||||(6,090}||
||||||||252,014|381,342|
|Changes
in net debt|||||||||
|Secured loans|||||||||
|||||||Brought forward
Repayments
Carried forward|2,114,599
~86,352
2,028,247|2,198,249
~83,658
2,114599|
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|4|Net income/(expenditure)||2023|2022|
|---|---|---|---|---|
|||||F|
||This is stated after charging/(crediting):||||
||Other income - furlough|grants||(834)|
||Auditors'
remuneration||4,200|3,600|
|5|Governance costs||2023f|2022|
||Salaries and allowances||133,721|134,308|
||Motor expenses||15,045|15,577|
||Premises costs||76,227|58,795|
||Office overheads||18,369|14,772|
||Insurance||31,561|28,322|
||Accountancy fees||2,618|4,278|
||Audit fees||4,200|3,600|
||Bank charges||3,197|1,903|
||Other expenses
Depreciation||2,961
8,145|3,423
8,383|
||||296,044|273,361|
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|Tangible fixed assets|||||
|---|---|---|---|---|
||Freehold|Plant and|Motor||
||property
6|machineryf|vehicles
6|Total|
|Cost|||||
|At 1 April 2022|4,975,425|127,636|56,470|5,159,531|
|Additions||1,571|6,999|8,570|
|At 31 March 2023|4,975,425|129,207|63,469|5,168,101|
|Depreciation
At 1 April 2022||94,985|46,218|141,203|
|Charge for the year||6,090|2,055|8,145|
|At 31 March 2023||101,075|48,273|149,348|
|Net book value|||||
|At 31 March 2023|4,975,425|28,132|15,196|5,018,753|
|At 31 March 2022|4,975,425|32,651|10,252|5,018,328|
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|for|the year e|nded 3|1 March 2|023|||
|---|---|---|---|---|---|---|
|10|Debtors||||2023|2022|
||Gift aid||||23,929|19,795|
||Community|Project|||17,857|16,505|
||Other debtors||||7,376|13,231|
||||||49,162|49,531|
|11|Creditors:|amounts|falling due within one year||2023|2022|
||||||g||
||Bank loans|and overdrafts|||45,737|96,708|
||Other taxes|and social security costs|||4,960|12,475|
||Other creditors||||23,370|20,593|
||||||74,067|129,776|
|12|Creditors:|amounts|falling due after one year||2023|2022|
||Bank loans||||I 988 8118|2,811,891|
|13|Loans||||2023|2022|
||Creditors
include:||||||
||Amounts
falling due||for payment|after more than five years|||
||Secured bank loans||||2,028,247|2,114,599|
|Unrestricted
funds|2023|
|---|---|
|At 1 April 2022|3,301,534|
|Net movement
in fund|(38,182)|
|At 31 March 2023|3,263,352|
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|for the year ended|31 March 2023|||
|---|---|---|---|
|||2023|2022|
|Direct expenses
Ministry costs||55,261|53,587|
|Sound engineer||2,257|2,009|
|Other direct costs||4,773||
|||62,291|55,596|
|Administrative
expenses||||
|Employee costs:
Wages and salades
Motor and travel||133,721
15,045|134,308
15,577|
|||148,766|149,885|
|Premises costs:||||
|Service charges||16,888|17,146|
|Rates, light and heat||59,339|41,649|
|Cleaning||2,948
79,175|3,118
61,913|
|General administrative|expenses:|||
|Telephone
and fax||6,953|4,691|
|Stationery
and printing||1,030|2,242|
|Bank charges||3,197|1,903|
|Insurance||31,561|28,322|
|Equipment
hire||10,386|7,839|
|Software||427|601|
|Repairs and maintenance||92,545|42,980|
|Depreciation||8,145|8,383|
|Sundry expenses||2,961
157,205|3,423
100,384|
|Legal and professional
Audit fees|costs:|4,200|3,600|
|Accountancy fees||2,618|4,278|
|Other legal and professional||6,818|3,675
11,553|
|||391,964|323,735|