**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:
- To continue to increase the scope and reach of the group life of the church, including working with other local churches.
- To grow in deeper intimacy in Christ, to be anointed in his power for healing and deliverance.
- To take away Elders, key-leaders for the annual Regions Beyond UK conferences.
- To ensure all job descriptions, employee contracts and policy documents are up-to-date including the completion of staff annual reviews.
- To consistently comply with current GDPR practice.
- To resource and grow a number of ministries that had paused during 2020/1 due to Covid restrictions (eg Tuesday club for primary school children, Silver service and Friday evening youth group).
- To start an social outreach program of events linked to the cost of living crisis, providing warmth, food and friendship to those in need from the local community.
- To continue to work with architects to redesign the toilet facilities and find suitable contractors. This work has suffered continual delays due to the availability of labour with a number of contractors letting the charity down last minute.
## **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:
- Trained and released sound engineers, camera operators and e-cam technicians.
- Continued to share our Sunday services on YouTube channel to support our on-line presence. Circa 100
- views per week.
- Invested in the audio and visual equipment needed for providing on-line church.
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.
- Daytime ladies' prayer group - enjoying worship, friendship and focused prayer for our church, our leadership and various other requests.
- Ladies' discipleship group - A discipleship group for women of all ages, renewing minds according to God's word in order to have the abundant life he promises. A group for those who want to change by renewing the mind, changing one's thinking and one's life.
- Collective Book Reading & Teaching - The Elders purchased and guided the Church through several books, with copies purchased for each member e.g. 'Immerse, Messiah'.
- Freedom in Christ - The well-known and respected course was run at the Church building with course material provided to members.
- Alpha - The Church ran an Alpha course online.
## 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**
- Grow the church numerically.
- Hold baptisms at least 3 times in the coming year.
- Increase community engagement and outreach through initiatives such as Warm Welcome.
- Building improvements: Despite the set-backs caused to the refurbishment project by Covid 19 the church is still committed to reviewing the toilet provision and exploring what upgrades are feasible.
- Increase the leadership base: Through training, creating opportunities and releasing responsibilities.
- Recruit new lead pastor.
## **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