| Page | ||||
|---|---|---|---|---|
| Reference and Administrative | Details ofthe Charity, | its Trustees and Advisers | ||
| Trustees' Report | 2-6 | |||
| Independent Auditors' |
Report | on the Financial Statements | 7-10 | |
| Statement ofFinancial | Activities | |||
| Balance Sheet | 12 | |||
| Statement ofCash Flows | 13 | |||
| Notes tothe Financial | Statements | 14 - 21 |
| Trustees | M Rayner, Chairman |
|
|---|---|---|
| C Gledhill, Treasurer | ||
| R Barrett | ||
| Charity registered | ||
| number | 289179 | |
| Principal office | cro The Hub: Gold Hill Baptist Church | |
| Church Lane |
||
| Chalfont St. Peter | ||
| Buckinghamshire | ||
| SL99RF | ||
| Independent | auditors | Shaw Gibbs (Audit) Limited |
| Statutory Auditor |
||
| Wey Court West | ||
| Union Road | ||
| Farnham | ||
| Surrey | ||
| GU9 7PT | ||
| Bankers | Barclays Bank Pic | |
| 32 High Street | ||
| Chalfont St Peter | ||
| Gerrards Cross | ||
| Buckinghamshire | ||
| SL99QD |
| Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2023 | 2023 | 2022 | ||||
| Note | f | |||||
| Income from: | ||||||
| Donations and |
legacies | 3 | 715,878 | 715,878 | f,044,020 | |
| Total income | 715,878 | 715,878 | 1,044,020 | |||
| Expenditure on: |
||||||
| Charitable activities |
4 | 713,519 | 713,519 | 1,044,020 | ||
| Total expenditure | 713,519 | 713,51S | f,044,020 | |||
| Net movement | in funds | 2,359 | 2,359 | |||
| Reconciliation | offunds: | |||||
| Total funds brought | forward | (2,N9) | (2,NS) | (2,359) | ||
| Net movement | in funds | 2,NS | 2,359 | |||
| Total funds cardied forward | (2,359) |
| 2023 | |||||
|---|---|---|---|---|---|
| Note | E | ||||
| Current assets | |||||
| Debtors | 34,420 | 51,855 | |||
| Cash at bank and in hand | 47,908 | 118,981 | |||
| 170,838 | |||||
| Creditors: amounts falling due within one |
|||||
| year | (82,332) | (173,195) | |||
| Nst current assets IIlabilites | (2,359) | ||||
| Total nst assets | (2,359) | ||||
| Charity funds | |||||
| Restricted funds | 10 | (2,359) | |||
| Totalfunds | (2,359) |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Cash flows from operating | activities | ||||
| Net cash used in operating |
activities | (71,075) | 14,006 | ||
| Cash flows from investing | activities | ||||
| Net cash provided by investing activities |
|||||
| Cash flows from financing | activities | ||||
| Net cash provided by financing activities |
|||||
| Change in cash and cash |
equivalents in |
the year | (71,075) | 14,006 | |
| Cash and cash equivalents | at the beginning | ofthe year | 118,981 | 104,975 | |
| Cash and cash equivalents | at the end of | the year | 47,908 | 118,981 | |
| The notes on pages 14to 21 form part ofthese financial statements |
| Activities | |||
|---|---|---|---|
| undertaken | Support | Total | |
| directly | costs | funds | |
| 2023 | 2023 | 2023 | |
| F | 6 | ||
| Grants to Gold Hill Church | 709,508 | 4,010 | 713,518 |
| Activities | |||
| undertaken | Support | Total | |
| cfirectl7 | costs | funds | |
| 2022 | 2022 | 2022 | |
| 6 | |||
| Grants to Gold Hill Church | 1,040,685 | 3,335 | 1,044,020 |
| Analysis ofdirect costs |
| Total | |||||
|---|---|---|---|---|---|
| Activities | funds | ||||
| 2023 | 2023 | ||||
| 8 | 6 | ||||
| General grants to Gold | Hill | Baptist Church | 666,793 | 686,793 | |
| Mission grants to Gold | Hill | Baptist Church | 2,790 | 2,190 | |
| Fellowship | grants to Gold Hill Baptist Church | 19,925 | 19,925 | ||
| 709,508 | 709,508 | ||||
| Total | |||||
| Actiwties | funds | ||||
| 2022 | 2022 | ||||
| 2 | |||||
| General grants to Gold | Hill Baptist Church | 1,035,658 | 1,035,658 | ||
| Mission grants to Gold | Hill | Baptist Church | 3,230 | 3,230 | |
| Fellowship | grants to Gold | Hill Baptist Church | 1,797 | 1,797 | |
| 1,040,685 | 1,040,685 |
| Analysis | ofn | et ass | ets | between funds - current yea | r | |
|---|---|---|---|---|---|---|
| Restricted | Total | |||||
| funds | funds | |||||
| 2023f | 2023 | |||||
| Current | assets | 82,332 | 82,332 | |||
| Creditors | due | within | one | year | (82,332) | (82,332} |
| Analysis | ofn | et ass | ets | between funds -prior year | ||
|---|---|---|---|---|---|---|
| Restricted | Tots/ | |||||
| funds | funds | |||||
| 2022 | 2022f | |||||
| Current | assets | 170,836 | 170,836 | |||
| Creditors | due | within | one | year | (173,195) | (173,195) |
| (2,359) | (2,359) |
| Reconciliation of |
net moveme | nt in funds t |
o net cash flow from opera | ting activities |
|
|---|---|---|---|---|---|
| 2023 | |||||
| Net income for the | year (as per Statement of | Financial Activities) | 2,359 | ||
| Adjustments for: |
|||||
| Decrease/(increase} | in debtors | 17,429 | (21,688) | ||
| Increase/(decrease) | in creditors | (90,863) | 35,694 | ||
| Net cash provided | by/(used | in) operating | activities | (71,075} | 14,006 |
| 14. | Analysis ofcash and | cash equivalents | ||
|---|---|---|---|---|
| 2023 | 2022 | |||
| E | E | |||
| Cash in hand | 47,906 | 118,981 | ||
| Total cash and cash | equivalents | 47,906 | 118,981 | |
| 15. | Analysis ofchanges | in net debt |
| Changes in |
|||||||||
|---|---|---|---|---|---|---|---|---|---|
| market | |||||||||
| value and | |||||||||
| exchange | |||||||||
| At | 6 April | rate | At 5 April | ||||||
| 2022 | movements | 2023 | |||||||
| F | |||||||||
| E | |||||||||
| Cash | at | bank | and | in | hand | 118,981 | (71,075) | 47,906 |