OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

REGISTERED CHARITY NUMBER: 278809

Report of the Trustees and Financial Statements For The Year Ended 31st December 2022

for

Christ Central London

Baker Britt Chartered Accountants 63 High Street Chislehurst Kent BR7 5BE

Christ Central London

Contents of the Financial Statements For The Year Ended 31st December 2022

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Statement of Financial Position 10
Notes to the Financial Statements 11 to 17
Detailed Statement of Financial Activities 18 to 19

Christ Central London

Reference and Administrative Details For The Year Ended 31st December 2022

TRUSTEES Ms P Dyson (resigned 31/3/2022) Mr G Steele Mr C Hall Ms R Horsley Mr M Webb Ms E Trim (appointed 1/3/2022) PRINCIPAL ADDRESS Green Lane Penge London SE20 7JA REGISTERED CHARITY 278809 NUMBER INDEPENDENT EXAMINER Baker Britt Chartered Accountants 63 High Street Chislehurst Kent BR7 5BE SOLICITORS Thackray Williams T Bromley 15-17 London Road Bromley BR1 1DE

Page 1

Christ Central London

Report of the Trustees For The Year Ended 31st December 2022

The trustees present their report with the financial statements of the charity for the year ended 31st December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Vision

The Charity is a Christian church committed to knowing Jesus, loving Jesus and living for Jesus as the body of Christ. Its vision is to bring truth and hope to our community, and beyond to the nations.

Vision statement

We are to be a church that resources and releases people into their destiny and calling in Christ Jesus both locally and globally.

Objectives for 2022

A number of church members continue to support the Elders in a leadership capacity in the absence of a full time paid lead Elder. However, the Elder team doubled in 2022 with Barry Trim and Chris Smith joining the Eldership team.

Support has continued to be given by Hope Church Bromley and in particular Tony Hall as its senior pastor.

Specific Objectives:

Volunteers

The trustees would like to thank the many volunteers who make such a valuable contribution to the successful operation of the Charity.

Page 2

Christ Central London

Report of the Trustees For The Year Ended 31st December 2022

ACHIEVEMENT AND PERFORMANCE

Praise and worship activities

When the church gathers, it is to praise and thank God for who he is and what He has done in our lives, in the community and in the nation. We believe that God cares for us and the community in which we live and has set His church in place to bring about His Kingdom in a needy world.

Our worship team is made up of sensitive and accomplished musicians who seek to excel in assisting God's people to express their gratitude and praise to an awesome God. With these guiding principles for 2022 we:

After the National Lockdown, we moved our mid-week group online to both in person and Zoom, and continued to meet that way for the remainder of the year. Weekly prayer meetings at the church building also restarted after the periods of lockdown.

Mid-week life group meetings have taken place both in person in members homes and via Zoom.

Weekly prayer meetings at the church building restarted both mid week and on a Sunday morning pre service.

Page 3

Christ Central London

Report of the Trustees For The Year Ended 31st December 2022

ACHIEVEMENT AND PERFORMANCE Group Life Health, social and fitness outreach

Morning Stars - based at the church building, provides a free, safe, comfortable and friendly environment for parents, grandparents and carers to bring their babies and toddlers. It is staffed by volunteer members and creates a fun-packed atmosphere of support.. (There is a voluntary contributions box to cover the cost of tea, coffee, biscuits and crafts.)

Silver Service - provides friendship, support and activities for the older members of the community (60+). It is staffed by members of the church, and attended by church members as well as those from the community. Transport is provided for residents from two local care homes. Some residents from one of the care homes also attend services on Sunday and help is provided in bringing them to and from the church building.

Equip groups

These run termly for 10-12 weeks and form the hub of the community life of the church; they are the central point of our group structure. All members are encouraged to take part in one of the community groups, which focus on growing together in God by studying the Bible, praying together, providing opportunities for using gifts, and providing support, encouragement and friendship.

Social Outreach

In November 2022 the church joined the "Warm Welcome " campaign, opening the building to those within the local community on a Monday evening. Food was provided free of charge along with the opportunity for guests to select items for free from the winter wardrobe (a collection of clothes and toiletries donated by church members). in total 64 guests attended the events with the intention of running the events again in February 2023.

National and Overseas Activities

A number of the church members along with church leaders were able to attend the Regions Beyond conferences based in the UK. The youth group attended the Newday event alongside the youth group from Hope Church Bromley.The Church paid for the coach transport to ease the financial burden on the families of attendees.

Maintenance

During 2022 the church underwent a substantial redecoration with the majority of areas benefitting from being re-painted. Many parts of the church have become tired and needed reviving. The main lobby area was excluded from the redecoration as this will be completed post toilet reburbishment. However, new seating was purchased for the area as the previous seats had reached the end of their useable lifespan.

Page 4

Christ Central London

Report of the Trustees For The Year Ended 31st December 2022

ACHIEVEMENT AND PERFORMANCE

Ecumenical relationships

We are a member of the Evangelical Alliance and, as stated above, are part of a world-wide family of churches known as 'Regions Beyond' which grew out of our affiliation with our larger New Frontiers Church family. We also have a healthy working and community relationship with most of the mainline Christian churches in our neighbourhood. We continue to offer the hand of friendship to local church leaders and to join with Regions Beyond leaders in an online capacity.

FINANCIAL REVIEW

Financial position

Total receipts on unrestricted funds amounted to £335,292 and those on restricted funds amounted to £23,494 and are detailed in the financial statements. The total costs of running the church amounted to £249,793 on unrestricted funds and £23,364 on restricted funds, including staff costs of £97,256 and grants and donations made of £46,448. The net result for the year was a surplus of £85,499 on unrestricted funds, which, when added to the unrestricted funds brought forward of £1,016,396, left funds of £1,101,895 to carry forward including the revaluation reserve. The net surplus on restricted funds of £130 was added to the balance of funds brought forward of £28,951 leaving funds of £29,081 to carry forward.

Investment policy

The trustees continue to monitor the cash resources and manage budgets accordingly.

Reserves policy

The trustees review this policy regularly and are satisfied that there are sufficient reserves available for the Charity to continue in the event of a reduction in regular income.

FUTURE PLANS

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

The charity is governed by a trust deed dated 9th October 1979 as amended by deeds dated 26th July 2000 and 8th June 2009, a Trustees resolution dated 25th October 2010 and a trust deed dated 5th February 2019.

Operating name

The charity operates under the name of Christ Central London.

Recruitment and appointment of new trustees

Trustees are appointed from within the church membership and the power of appointment and removal is vested in the church elders.

Page 5

Christ Central London

Report of the Trustees For The Year Ended 31st December 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational Structure

We continue to be a GDPR compliant church, and have obtained cyber insurance to cover any liability. Regular training is received by staff.

The trustees meet as a body regularly throughout the year (minimum of 4 times) and virtually, by means of electronic communication and video conferencing. The charity's activities are run by team leaders who liaise with the elders to discuss management issues, progress, training and developments. Finally, the elders meet regularly to review the overall church activities.

Management

The Charity's day-to-day activities are carried out by a dedicated team of full and part-time staff and volunteers who are overseen by the elders of the church. The charity has 5 trustees. The elders, together with the trustees, establish policies and guidance to ensure that the Charity's aims and objectives are met. The part-time team who served in 2022 was as follows:

Chris Smith - Pastor/Teacher/Elder Ken Kitson - Finance Michelle Solley - Administrator Susanne Marsden - Communications & integration manager Christina Borteye - Youth worker (resigned Sept. 2022)

By the end of 2021 the charity had seen both its full time elders step down from their roles. We continued to have leadership from two volunteer elders whilst Chris Smith's working week was increased to help with the day to day operation of the Church.

Membership

The church operates a membership scheme with 104 adult members as at 31.12.22, although many of the church's activities are open to the whole community. This is a reduction from the 117 members from 2021. In 2022 our Sunday morning meetings were well attended by members as well as many visitors from London and abroad, with an average number of 120. The church services continue to be livestreamed via You Tube with on average 100 views per week. The elders hold regular Family Meetings to impart vision, share strategy and discuss the business matters of the church. All church members are invited to attend these meetings. A survey carried out in 2022 identified that 30+ nationalities were represented within the church membership.

Related parties

The freehold property is held in the names of C Hall, M Webb, E Trim and G Steele.

Risk management

The Trustees and Elders regularly review the major risks to which the Charity is exposed. Where appropriate, policies, systems and procedures have been established to mitigate risks the Charity faces. The Charity maintains full public liability insurance. A Health and Safety review of the building was carried out in November 2022 by Chris Hall with a number of recommendations suggested to help in the day to day operation of the building.

The charity has a comprehensive Child Protection policy which is applied to all our children's and youth work, as well as a Vulnerable Adults policy which is applied to our work with vulnerable adults. The policies were updated in November 2020.

A safeguarding day was held on 12th March 2022 to train and resource youth workers, children's workers and those working with vulnerable adults in all matters pertaining to staff safeguarding. Safer recruitment training was also delivered to those in positions of leadership and likely to be involved with recruitment on 1st April 2022.

Although the risk from Covid 19 subsided in 2022 the charity continued to take sensible precautions to support the safety and wellbeing of those attending the building. Hand sanitizers continued to be provided in numerous locations within the building.

Page 6

Christ Central London

Report of the Trustees For The Year Ended 31st December 2022

Approved by order of the board of trustees on 26th July 2023 and signed on its behalf by:

Mr C Hall - Trustee

Page 7

Independent Examiner's Report to the Trustees of Christ Central London

Independent examiner's report to the trustees of Christ Central London

I report to the charity trustees on my examination of the accounts of Christ Central London (the Trust) for the year ended 31st December 2022.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

P E Britt FCA

Baker Britt Chartered Accountants 63 High Street Chislehurst Kent BR7 5BE

26th July 2023

Page 8

Christ Central London

Statement of Financial Activities For The Year Ended 31st December 2022

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
2
Total
EXPENDITURE ON
Charitable activities
3
Activities undertaken directly
Support costs
Governance costs
Grant funding activities
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
334,441
851
335,292
115,146
99,380
7,415
27,852
249,793
85,499
1,016,396
1,101,895		 Restricted
funds
£
23,494
-
23,494
4,768
-
-
18,596
23,364
130
28,951
29,081		 2022
Total
funds
£
357,935
851
358,786
119,914
99,380
7,415
46,448
273,157
85,629
1,045,347
1,130,976		 2021
Total
funds
£
361,779
35
361,814
195,339
97,866
21,145
47,417
361,767
47
1,045,300
1,045,347

The notes form part of these financial statements

Page 9

Christ Central London

Statement of Financial Position 31st December 2022

Notes
FIXED ASSETS
Tangible assets
9
CURRENT ASSETS
Debtors
10
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
11
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one
year
12
NET ASSETS
FUNDS
14
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
658,231
79,797
471,112
550,909
(23,462)
527,447
1,185,678
(83,783)
1,101,895		 Restricted
funds
£
-
-
31,727
31,727
(2,646)
29,081
29,081
-
29,081		 2022
Total
funds
£
658,231
79,797
502,839
582,636
(26,108)
556,528
1,214,759
(83,783)
1,130,976
1,101,895
29,081
1,130,976		 2021
Total
funds
£
681,525
20,266
466,000
486,266
(26,163)
460,103
1,141,628
(96,281)
1,045,347
1,016,396
28,951
1,045,347

The financial statements were approved by the Board of Trustees and authorised for issue on 26th July 2023 and were signed on its behalf by:

Mr C Hall - Trustee

Mr G Steele - Trustee

The notes form part of these financial statements

Page 10

Christ Central London

Notes to the Financial Statements For The Year Ended 31st December 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost Plant and machinery - 25% on cost Fixtures and fittings - 25% on cost

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Page 11

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2022

2.
INVESTMENT INCOME
Deposit account interest
3.
CHARITABLE ACTIVITIES COSTS
Activities undertaken directly
Support costs
Governance costs
Grant funding activities
4.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Rates and water
Other establishment
Telephone
Postage and stationery
Repairs and maintenance
Legal and professional fees
Other Office Costs
Publications and subscriptions
Equipment repairs
Purchases
Bad debt
Direct - Evangelism
Direct - Social Action Food Ba
Direct - Cell Group
Direct - Church Services Exps
Direct - Conference
Direct - Youth Activities
Direct - Social Functions
Direct - Media team
Depreciation
Interest payable and similar charges		 Direct
Costs (see
note 4)
£
119,914
99,380
7,415
-
226,709		 2022
£
851
Grant
funding of
activities
(see note
5)
£
-
-
-
46,448
46,448
2022
£
97,256
8,939
23,152
6,693
3,075
18,271
6,870
3,697
2,231
335
699
545
905
37
2,427
1,061
3,999
9,844
2,271
2,078
27,263
5,061
226,709		 2021
£
35
Totals
£
119,914
99,380
7,415
46,448		 2021
£
35
273,157
2021
£
195,262
230
15,520
12,092
-
12,946
6,805
3,116
1,622
1,234
87
-
228
-
1,016
2,648
2,051
7,528
233
-
31,764
5,628
300,010

Page 12

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2022

5. GRANTS PAYABLE

Grant funding activities
The total grants paid to institutions during the year was as
follows:
Grants to institutions
The total grants paid to individuals during the year was as
follows:
Grants to Individuals		 2022
£
46,448
2022
£
44,321
2022
£
2,127		 2021
£
47,417
2021
£
45,039
2021
£
2,378

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st December 2022 nor for the year ended 31st December 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st December 2022 nor for the year ended 31st December 2021.

7. STAFF COSTS

No employee received employee benefits of more than £60,000 during the year (2021: £nil).

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
Total
EXPENDITURE ON
Charitable activities
Activities undertaken directly
Support costs
Governance costs
Grant funding activities
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
Net movement in funds		 Unrestricted
funds
£
344,486
35
344,521
194,589
97,866
21,145
19,921
333,521
11,000
(10,048)
952		 Restricted
funds
£
17,293
-
17,293
750
-
-
27,496
28,246
(10,953)
10,048
(905)		 Total
funds
£
361,779
35
361,814
195,339
97,866
21,145
47,417
361,767
47
-
47

Page 13

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2022

8.
COMPARATIVES FOR THE STATEMENT
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
9.
TANGIBLE FIXED ASSETS
COST
At 1st January 2022
Additions
At 31st December 2022
DEPRECIATION
At 1st January 2022
Charge for year
At 31st December 2022
NET BOOK VALUE
At 31st December 2022
At 31st December 2021		 OF FINANCIAL
Freehold
property
£
1,006,122
-
1,006,122
335,236
20,123
355,359
650,763
670,886		 OF FINANCIAL
Freehold
property
£
1,006,122
-
1,006,122
335,236
20,123
355,359
650,763
670,886		 ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
1,015,444
29,856
1,016,396
28,951
Fixtures
Plant and
and
machinery
fittings
£
£
52,948
18,365
3,471
499
56,419
18,864
44,904
15,770
6,023
1,118
50,927
16,888
5,492
1,976
8,044
2,595		 Total
funds
£
1,045,300
1,045,347
Totals
£
1,077,435
3,970
1,081,405
395,910
27,264
423,174
658,231
681,525

During a previous period a professional valuation was carried out by a firm of chartered surveyors who valued the building at £1,020,000. The original cost of the property was £320,000 and improvements to date amount to £636,122.

The bank holds a first charge on the freehold premises in support of the borrowing facilities as detailed in the Loan note.

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other debtors
Prepayments		 2022
£
78,496
1,301
79,797		 2021
£
17,545
2,721
20,266

Page 14

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2022

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Bank loans and overdrafts (see note 13)
Taxation and social security
Other creditors		 2022
£
20,205
1,017
4,886
26,108		 2021
£
17,559
3,089
5,515
26,163

12. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022 2021
£ £
Bank loans (see note 13) 83,783 96,281

13. LOANS

During 2019, the charity took out a bank loan for £140,000 which is repayable within 10 years and is interest bearing. The charity is making equal monthly repayments of capital and interest.

Security for the loan has been granted by the Trustees on the The Kings Hall, Green Lane, London and its associated assets.

14. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Special Collections
Child Sponsorship
Youth Activities
Building refurbishment
TOTAL FUNDS		 At 1/1/22
£
1,016,396
7,516
-
-
21,435
28,951
1,045,347		 Net
movement
in funds
£
85,499
2,060
(2,646)
716
-
130
85,629		 At
31/12/22
£
1,101,895
9,576
(2,646)
716
21,435
29,081
1,130,976

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Special Collections
Child Sponsorship
Youth Activities
TOTAL FUNDS		 Incoming
resources
£
335,292
20,656
409
2,429
23,494
358,786		 Resources
Movemen
expended
in funds
£
£
(249,793)
85,499
(18,596)
2,060
(3,055)
(2,646)
(1,713)
716
(23,364)
130
(273,157)
85,629		 Resources
Movemen
expended
in funds
£
£
(249,793)
85,499
(18,596)
2,060
(3,055)
(2,646)
(1,713)
716
(23,364)
130
(273,157)
85,629
130
85,629

Page 15

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2022

14. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Revaluation Reserve
Restricted funds
Special Collections
London Community Fund
Youth Activities
Building refurbishment
TOTAL FUNDS		 At 1/1/21
£
985,444
30,000
1,015,444
6,458
810
403
22,185
29,856
1,045,300		 Net
movement
in funds
£
11,000
-
11,000
(10,401)
-
198
(750)
(10,953)
47		 Transfers
between
funds
£
(9,048)
(1,000)
(10,048)
11,459
(810)
(601)
-
10,048
-		 At
31/12/21
£
987,396
29,000
1,016,396
7,516
-
-
21,435
28,951
1,045,347

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Special Collections
Youth Activities
Building refurbishment
TOTAL FUNDS		 Incoming
resources
£
344,521
17,095
198
-
17,293
361,814		 Resources
Movement
expended
in funds
£
£
(333,521)
11,000
(27,496)
(10,401)
-
198
(750)
(750)
(28,246)
(10,953)
(361,767)
47

Page 16

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2022

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Revaluation Reserve
Restricted funds
Special Collections
London Community Fund
Child Sponsorship
Youth Activities
Building refurbishment
TOTAL FUNDS		 At 1/1/21
£
985,444
30,000
1,015,444
6,458
810
-
403
22,185
29,856
1,045,300		 Net
movement
in funds
£
96,499
-
96,499
(8,341)
-
(2,646)
914
(750)
(10,823)
85,676		 Transfers
between
funds
£
(9,048)
(1,000)
(10,048)
11,459
(810)
-
(601)
-
10,048
-		 At
31/12/22
£
1,072,895
29,000
1,101,895
9,576
-
(2,646)
716
21,435
29,081
1,130,976

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Special Collections
Child Sponsorship
Youth Activities
Building refurbishment
TOTAL FUNDS		 Incoming
resources
£
679,813
37,751
409
2,627
-
40,787
720,600		 Resources
Movement
expended
in funds
£
£
(583,314)
96,499
(46,092)
(8,341)
(3,055)
(2,646)
(1,713)
914
(750)
(750)
(51,610)
(10,823)
(634,924)
85,676

15. RELATED PARTY DISCLOSURES

The freehold property is held in the names of the Trustees of the charity.

Page 17

Christ Central London

Detailed Statement of Financial Activities
For The Year Ended 31st December 2022
INCOME AND ENDOWMENTS
Donations and legacies
Covenanted Giving
Youth activities
Mission
Income Tax Recovered
Investment income
Deposit account interest
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Rates and water
Other establishment
Telephone
Postage and stationery
Repairs and maintenance
Legal and professional fees
Other Office Costs
Publications and subscriptions
Equipment repairs
Purchases
Bad debt
Direct - Evangelism
Direct - Social Action Food Ba
Direct - Cell Group
Direct - Church Services Exps
Direct - Conference
Direct - Youth Activities
Direct - Social Functions
Direct - Media team
Fixtures and fittings
Bank loan interest
Grants to institutions
Grants to individuals
Support costs
Governance costs
Exceptional items		 2022
£
293,447
2,583
409
61,496
357,935
851
358,786
88,620
1,953
6,683
8,939
23,152
6,693
3,075
18,271
6,870
3,697
2,231
335
699
545
905
37
2,427
1,061
3,999
9,844
2,271
2,078
27,263
5,061
44,321
2,127
273,157
-		 2021
£
299,192
199
1,058
61,330
361,779
35
361,814
169,883
10,915
14,464
230
15,520
12,092
-
12,946
6,805
3,116
1,622
1,234
87
-
228
-
1,016
2,648
2,051
7,528
233
-
31,764
5,628
45,039
2,378
347,427
14,340

This page does not form part of the statutory financial statements

Page 18

Christ Central London

Detailed Statement of Financial Activities
For The Year Ended 31st December 2022
Total resources expended
Net income		 2022
£
273,157
85,629		 2021
£
361,767
47

This page does not form part of the statutory financial statements

Page 19