**Registered number: 07114148 Charity number: 280378** ## **THE CHURCH OF GOD REFORMATION MOVEMENT** **(A Company Limited by Guarantee)** ## **UNAUDITED** **TRUSTEES' REPORT AND FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 DECEMBER 2022** **THE CHURCH OF GOD REFORMATION MOVEMENT (A Company Limited by Guarantee)** ## **CONTENTS** ||Page| |---|---| |**Reference and Administrative Details of the Company, its Trustees and Advisers**|1| |**Trustees' Report**|2 - 7| |**Independent Examiner's Report**|8| |**Statement of Financial Activities**|9| |**Balance Sheet**|10 - 11| |**Notes to the Financial Statements**|12 - 21| **(A Company Limited by Guarantee)** ## **THE CHURCH OF GOD REFORMATION MOVEMENT** ## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2022** |**Trustees**|Walton Dawkins,Chair| |---|---| ||HardleyCox,Trustee| ||David Roger Phillips,Trustee| ||Patricia Blake,Trustee| ||Dave Nevitt,Trustee| ||Ruthanne Persaud,Trustee| |**Company registered**
**number**
**Charity registered**
**number**
**Registered office**
**Accountants**|07114148
280378
St. Ann's Road
Tottenham
London
N15 6NG
Kolade Andrew Alli ACMA
10 Gatcombe Gardens
West End Hampshire
SO18 3NA| Page 1 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** **(A Company Limited by Guarantee)** ## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022** The Trustees present their annual report together with the financial statements of the The Church of God Reformation Movement for the year 1 January 2022 to 31 December 2022. The Annual Report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted. ## **a. Policies and objectives** In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'. ## **Achievements and performance** Page 2 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** **(A Company Limited by Guarantee)** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022** ## **Achievements and performance (continued)** ## **Legal and Administrative Information** ||| |---|---| |Charity Number|280378| |Company Reg. Number|7114148| |Registered Name|Church of God Reformation Movement (commonly called
the Community Church of God)| |Start of Financial Year|1st January 2022| |End of FY|31st December 2022| |Legal Status|Unincorporated (Charity) Incorporate
(Company)| ## **Governing instruments are:** ## a) **Bylaws of association adopted on 24th January 1980 as amended 12th August 1980 and revised January 2006.** ## **Memorandum and Articles of Association, incorporated on 30th** ## b) **December 2009.** **Membership:** **Trustees at 31st December 2020 Areas of Responsibility** ||| |---|---| |Walton Dawkins|Chairperson| |Hardley Cox|Vice Chairperson and Estate Manager| |Patricia Blake|Secretary| |David Phillips|Health and Safety Co-ordinator and Chair
of Building Extension Committee| |David Nevitt|Health and Safety Manager| |Yvette Lawrence|**Ex-Officio Member:**Treasurer| |Ruthanne Persaud|Youth and Technology support Person| Page 6 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** **(A Company Limited by Guarantee)** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022** ## **Achievements and performance (continued)** ## **Introduction:** In the past year of 2022, we have seen our congregation begin to grow back slowly what was most noticeable it is the youth who have found a home at the Community Church of God alongside the return of some of the older members. We pray to our Heavenly Father that this trend will continue as they continue to worship at the Community Church of God. The Board would like to pass on sincere condolences to all who have lost friends and family during this time. We honour our Church brothers Br Espert Green who passed away last year and Br Reg Green whose memorial service was held in this church in recognition for their dedication to the Church. ## **Items Covered:** **The Community Church of God - Church Building** – The Church Signage has been moved this past weekend nearer towards the fencing so that there is more visibility from the passing Pedestrians and those individuals travelling on the bus looking for a spiritual home. We have also levelled off the area coming into the Church from the side gate which had proved to be dangerous as the brickwork flooring was not aligned and uneven this has now been levelled and is safe to walk on. New Flooring was completed in Foyer and Overflow areas although we were not able to match exactly the existing flooring however it makes a welcome change. The BOT has signed an agreement with Verisure CCTV Security the number one Alarm System in Europe. The building is now secure with 24 hrs intrusion alarms. Bro Glen is the Maintenance Manager and he is currently notified of any intrusion alarms by Verisure. ## **The Community Church of God** We have identified further work that need to be done, such as the area in the foyer where there are brown stains on the ceiling and there are signs of water ingress over the kitchen door, we have also noticed a crack in the wired glass again in the foyer area. Currently this is the task ahead. The Church Building Reception Area - We offered this out for Tender and received a number of estimates for Double/Triple glazing however going forward we have spoken to an Architect, and he views the reception area as a lifted front area so that it is not affected by water ingress that captures the looks more of a Church building. Work has started on refurbishing Pastors office we should see improvements come summer of this year. A Memorial Plaque to honour our 7 founding members has been completed and we are now waiting on the refurbishment in the reception area for the Plaque it to be mounted on a notice board. A Review of Lettings Procedure is completed and will be visible on the Notice Board any enquiries can be referred to the Estate Manager. Page 6 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** **(A Company Limited by Guarantee)** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022** ## **Achievements and performance (continued)** ## **Training** Andy Strajnic from Trust Advice provided training on Charity Governance for Trustees detailing roles and responsibilities The Oversight and the BOT attended this session. We also attended FIRST AID TRAINING completed by Frinton Training service. ## **Church Land** Church Land – Has been put on hold, Review of the Land in progress BOT to seek legal advice with a view to make a business proposal to Council. . ## **The Manse** Major works are being carried out at the Manse regarding the subsidence and structural issues. Continual Inventory of the Manse is being carried out. The BOT is working closely with Sedgewick /Surveyors at the moment Sedgwick International UK Ref: 8972999 Insurer's Claim Ref: SB Claim ## _**Re: Community Church Of God,**_ _Dear Mr Dawkins,_ _I write with reference to the above and further to my voicemail message today. I am sorry I missed your call on Friday._ _As noted in my last email 16 December, following the further survey at the property it remains unclear where the drains run at the rear. Midland survey plotted a foul run and also found a storm Manhole but they could not accurately plot the main storm drain across the rear as it dropped down considerably into the manhole._ _Unfortunately, this means that the drawings have been put on hold as until we know where the drainage goes they cannot be sure the substructure works will not adversely affect the drainage._ _I requested that my colleagues use the land registry information and proceed with any resurveys needed at the earliest time. Until we have this information we cannot proceed._ _. Kind regards Lyndsey Thackery_ ## **Music Technicians** We reviewed the technical equipment required which was identified by Ajzane and team, with an aim to upgrade existing equipment suited to ensure we are able to stream the service to our church community. Looking forward we received a list and cost of equipment that is required to enhance the audio visual production. This is under review. Page 6 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** **(A Company Limited by Guarantee)** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022** ## **Achievements and performance (continued)** ## **Charitable Donations** We have raised monies this year for the Harrison Memorial Care Home in Jamaica under the governance of Sis Sadie Collison. They were very happy as the video showed, recently to receive 4 Barrels with items of clothing, food and other miscellaneous items. **Tithes and Offerings** – We the BOT would like to thank everyone for their generosity in giving their tithes and offerings. We see our Church Members giving both their time and Tithes, this has allowed us to maintain the church building. Again we would like to thank all our Church members for their part having been blessed by the Church Community ## **Building Extension Committee (BEC)** The BEC project remains on hold until further notice. ## **Finance** Working closely together with Sis Yvette Lawrence, of the Finance Department, I have ensured that the financial obligations we have to the members of the Church are maintained throughout and the governance of the church is in line with the needs of its members ## **Special Thank You** I would like to thank the following for their support throughout the year. The BOT for their support in maintaining and managing Church business, it has not been an easy year. The Oversight Team. The Pastoral Support Team Custodian /Caretaker team of Sis Nerissa, who has stepped in for Sis Norma, Sis Cheryl Farrell and Bro Craig and Sis Cheryl Blake. Page 6 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** **(A Company Limited by Guarantee)** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022** ## **Achievements and performance (continued)** ## **Pastor Mascall** I would like to sincerely thank our Pastor Mascall for all that he has done. He has continued to maintain our church service. He leads prayer meetings weekly and has also conducted Dedications, Weddings and most recently Funerals and Baptisms. Pastor has supported many of us as members through the loss of our loved ones and regularly visits our members in their homes and hospital when required. Once again Pastor has remained steadfast for his love for God and his Church Family. I would also like to thank Sis Narisa for the sterling work while Sis Norma is on an extended holiday in Jamaica. Sis Narissa has maintained the Church and making sure that access for trades people to the Church are maintained. Going forward Sis Narissa will be an assistant to Sis Norma. Additionally we would like to thank both Sis Cheryls and Bro Craig for their dedication in maintaining interior and exterior of Church. ## **Respectfully submitted to the Members of the Community Church of God by the Board of Trustees. End of Year Jan 2022** Page 6 **THE CHURCH OF GOD REFORMATION MOVEMENT** **(A Company Limited by Guarantee)** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022** ## **Structure, governance and management (continued)** ## **b. Methods of appointment or election of Trustees** The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. ## **Statement of Trustees' responsibilities** The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles of the Charities SORP (FRS 102); - make judgments and accounting estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees on 31 December 2022 and signed on their behalf by: ## **Walton Dawkins** Page 7 **THE CHURCH OF GOD REFORMATION MOVEMENT** **(A Company Limited by Guarantee)** ## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2022** ## **Independent Examiner's Report to the Trustees of The Church of God Reformation Movement ('the Company')** I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 December 2022. ## **Responsibilities and Basis of Report** As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent Examiner's Statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. 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. Page 8 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** **(A Company Limited by Guarantee)** ## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2022** Signed: Dated: 31 January 2023 ## **Kolade Andrew Alli ACMA** 10 Gatcombe Gardens West End Hampshire SO18 3NA Page 8 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** ## **(A Company Limited by Guarantee)** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2022** |**Note**
**Income from:**
Donations and legacies
3
**Total income**
**Expenditure on:**
Charitable activities
4
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Restricted**
**funds**
**2022**
**£**
**10,744**
|**Unrestricted**
**funds**
**2022**
**£**

**153,714**|**Total**
**funds**
**2022**
**£**

**164,458**|_Total_
_funds_
_2021_
_£_

_110,917_
| |---|---|---|---|---| ||**10,744**|**153,714**|
**164,458**|
_110,917_| ||
**19,266**
|

**98,063**|


**117,329**|


_93,823_
| ||**19,266**|**98,063**|
**117,329**|
_93,823_| ||
**(8,522)**|
**55,651**|


**47,129**|


_17,094_| ||
**39**
**(8,522)**
|

**542,440**

**55,651**|


**542,479**

**47,129**|


_525,385_

_17,094_
| ||**(8,483)**|**598,091**|
**589,608**|
_542,479_| The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 12 to 21 form part of these financial statements. Page 9 **(A Company Limited by Guarantee) REGISTERED NUMBER: 07114148** ## **THE CHURCH OF GOD REFORMATION MOVEMENT** ## **BALANCE SHEET AS AT 31 DECEMBER 2022** |**Note**
**Fixed assets**
Tangible assets
7
**Current assets**
Debtors
8
Cash at bank and in hand
Creditors: amounts falling due within one
year
9
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset**
**Total net assets**
**Charity funds**
Restricted funds
11
Unrestricted funds
11
**Total funds**|**2,330**
**140,590**|**2022**
**£**
**447,988**
**447,988**

_1,833_

_93,958_


_95,791_

_(1,300)_
**141,620**

**589,608**
**589,608**
**589,608**
**(8,483)**
**598,091**
**589,608**|_2021_
_£_
_447,988_| |---|---|---|---| ||||_447,988_




_94,491_| ||**142,920**
**(1,300)**||| ||||| ||||_542,479_| ||||_542,479_| ||||_542,479_| ||||
_39_
_542,440_| ||||_542,479_| The Company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. Page 10 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** **(A Company Limited by Guarantee) REGISTERED NUMBER: 07114148** ## **BALANCE SHEET AS AT 31 DECEMBER 2022** The financial statements were approved and authorised for issue by the Trustees on 31 January 2023 and signed on their behalf by: ## **Walton Dawkins** Page 10 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** **(A Company Limited by Guarantee) REGISTERED NUMBER: 07114148** # **BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2022** The notes on pages 12 to 21 form part of these financial statements. Page 11 **THE CHURCH OF GOD REFORMATION MOVEMENT** **(A Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **2. Accounting policies** ## **2.1 Basis of preparation of financial statements** The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The Church of God Reformation Movement meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. ## **2.2 Income** All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. ## **2.3 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. ## **2.4 Tangible fixed assets and depreciation** Tangible fixed assets costing £1,000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Page 12 **THE CHURCH OF GOD REFORMATION MOVEMENT** ## **(A Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **2. Accounting policies (continued)** ## **2.4 Tangible fixed assets and depreciation (continued)** Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, . Depreciation is provided on the following basis: Freehold property - ## **2.6 Cash at bank and in hand** Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## **2.7 Liabilities and provisions** Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost. ## **2.8 Financial instruments** The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. ## **2.9 Fund accounting** General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Page 13 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** ## **(A Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **3. Income from donations and legacies** ||**Restricted**
**Unrestricted**
**funds**|**Total**|**Total**
**2021**
**£**

810

92,044

12,057

6,006
110,917| |---|---|---|---| ||**funds**
**General**|**2022**|| ||**£**
**£**|**£**|| |Building Fund Income|280
25|
305|| |Donations & Tithes|1,159
92,987|
94,147|| |Gift Aid tax reclaimed|0
22,727|
22,727|| |Other Income|9,305
37,976|
47,280|| ||||| ||10,744
153,714|164,458|| Page 14 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** ## **(A Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **4. Analysis of expenditure on charitable activities** ||**Restricted**|**Unrestricted**
**funds**
**Total**|**Total**| |---|---|---|---| ||**funds**|**General**
**2022**|**2021**| ||**£**|**£**
**£**|**£**| |Administration|8,248|4,125
12,373|4,391| |Bank charges|0|548
548|359| |Custodian|0|2,930
2,930|3,540| |Independent examiner's fee|0|1,450
1,450|1,300| |Insurance|0|7,995
7,995|7,560| |Mission and other ministry costs|1,670|13,157
14,827|20,835| |Office expenses|0|4,215
4,215|2,151| |Premises costs|9,348|23,093
32,442|13,557| |Professional fees|0|2,273
2,273|1,656| |Travel expenses|0|535
535|1,309| |Wages and salaries|0|37,739
37,739|37,165| ||||| ||19,266|98,060
117,327|93,823| Page 15 **(A Company Limited by Guarantee)** ## **THE CHURCH OF GOD REFORMATION MOVEMENT** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **5. Independent examiner's remuneration** |Fees payable to the Company's independent examiner for the independent
examination of the Company's annual accounts|**2022**
**£**
**1,300**|_2021_
_£_
_1,300_| |---|---|---| ## **6. Trustees' remuneration and expenses** During the year, no Trustees received any remuneration or other benefits _(2021 - £NIL-)_ During the year ended 31 December 2022, no Trustee expenses have been incurred _(2021 - £NIL)_ . Page 16 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** ## **(A Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **7. Tangible fixed assets** |**Cost or valuation**
At 1 January 2022
At 31 December 2022
**Net book value**
At 31 December 2022
_At 31 December 2021_
**Debtors**
**Due after more than one year**
Other debtors|**2022**
**£**
**2,330**
|**Freehold**
**property**
**£**
**447,988**| |---|---|---| |||**447,988**| |||**447,988**| |||
_447,988_| |||

_2021_

_£_

_1,833_


_1,833_


_1,833_| ||**2,330**
|| ||**2,330**|| ## **8. Debtors** Page 17 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** **(A Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **9. Creditors: Amounts falling due within one year** |Accruals and deferred income|**2022**
**£**
**1,300**|_2021_
_£_
_1,300_| |---|---|---| Page 17 **THE CHURCH OF GOD REFORMATION MOVEMENT (A Company Limited by Guarantee)** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **10. Financial instruments** |**Financial assets**
Financial assets measured at fair value through income and expenditure|**2022**
**£**
**140,590**|_2021_
_£_
_93,958_| |---|---|---| Page 18 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** ## **(A Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **11. Statement of funds** **Statement of funds - current year** |**Unrestricted funds**
General Funds
**Restricted funds**
Restricted Fund
**Total of funds**|**Balance at 1**
**January**
**2022**
**£**
**542,440**|**Income**
**£**

**153,714**|**Expenditure**
**£**

**(98,063)**|**Balance at**
**31**
**December**
**2022**
**£**
**598,091**| |---|---|---|---|---| ||
**39**|


**10,744**|


**(19,266)**|
**(8,483)**| ||**542,479**|

**164,458**|


**(117,329)**|
**589,608**| Page 19 ## **THE CHURCH OF GOD REFORMATION MOVEMENT (A Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** |**11.**
**Statement of funds (continued)**
**Statement of funds - prior year**
**Unrestricted funds**
General Funds
**Restricted funds**
Restricted Fund
**Total of funds**
**12.**
**Summary of funds**
**Summary of funds - current year**
General funds
Restricted funds|_Balance at_
_1 January_
_2021_
_£_
_516,267_|_Income_
_£_

_109,323_|_Expenditure_
_£_

_(83,150)_|_Balance at_
_31_
_December_
_2021_
_£_
_542,440_| |---|---|---|---|---| ||
_9,118_|


_1,594_|


_(10,673)_|
_39_| ||
_525,385_|


_110,917_|


_(93,823)_|_542,479_| ||
**Balance at 1**
**January**
**2022**
**£**
**542,440**
**39**|

**Income**
**£**

**153,714**

**10,744**|

**Expenditure**
**£**

**(98,063)**

**(19,266)**
|
**Balance at**
**31**
**December**
**2022**
**£**

**598,091**

**(8,483)**| ||**542,479**|
**164,458**|
**(117,329)**|**589,608**| Page 20 ## **THE CHURCH OF GOD REFORMATION MOVEMENT** ## **(A Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **12. Summary of funds (continued)** ## **Summary of funds - prior year** |General funds
Restricted funds|_Balance at_
_1 January_
_2021_
_£_
_516,267_
_9,118_|_Income_
_£_

_109,323_

_1,594_|_Expenditure_
_£_

_(83,150)_

_(10,673)_
|_Balance at_
_31_
_December_
_2021_
_£_

_542,440_

_39_| |---|---|---|---|---| ||_525,385_|
_110,917_|
_(93,823)_|_542,479_| Page 21