**REGISTERED CHARITY NUMBER: 293090** **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **FOR** ## **SEAFORD COMMUNITY CHURCH** Gibbons Mannington & Phipps LLP Chartered Accountants Landgate Chambers 24 Landgate Rye East Sussex TN31 7LJ **SEAFORD COMMUNITY CHURCH** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** **----- Start of picture text -----**
Page
Reference and Administrative Details 1
Report of the Trustees 2 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 14
Detailed Statement of Financial Activities 15
**----- End of picture text -----**
**SEAFORD COMMUNITY CHURCH REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2022** **----- Start of picture text -----**
TRUSTEES Mr H W Bardsley Chair
Mr J Hammond Trustee
Mr A Westwood Trustee
PRINCIPAL ADDRESS 4 Harbour View Road
Newhaven
East Sussex
BN9 9TT
REGISTERED CHARITY 293090
NUMBER
INDEPENDENT EXAMINER Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
24 Landgate
Rye
East Sussex
TN31 7LJ
BANKERS NatWest Bank
4 Clinton Place
Seaford
East Sussex
BN25 1NN
**----- End of picture text -----**
Page 1 **SEAFORD COMMUNITY CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022** The trustees present their report with the financial statements of the charity for the year ended 31 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** ## **Objectives and aims** The object is to recruit others to the purposes and goals of the Church namely to become an active member of the Church who carries out the ministry of Jesus Christ particularly the recruiting and training of others as His disciples in introducing them to Him in person and training them in the values of the Church with a view to the ongoing multiplication of His followers. ## **Public benefit** The Trustees confirm that they have due regard for the Charities Commission's general guidance on public benefit. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** Resources were directed into the advancement of the Christian faith both in the United Kingdom and overseas and gifts were made to both individuals and institutions for this purpose. A significant investment was made in the area of Christian training for the purpose of achieving the objective of the charity. In 2022 the trust continued in its ongoing vision and mission to be a functioning body of Christians who release the love of God in the power and demonstration of the Holy Spirit through the spiritual gifts appointed to each one. Equipping and training each person to know for themselves their identity as God's child and out of that security serve according to their own measure of grace and faith continued. Walking in day to day life with the Holy Spirit continued to be developed and we continued to take the message of the Father's love and our identity, purpose and calling as God's children both to our own nation and to the Ukraine through online training and financial support. Seahaven Storehouse, our community food bank, has provided over £57,000 of food supplies as expressions of the Father's love to local families with continued increased demand for its services. This has only been possible through the generosity of members of the public and local voluntary groups who have given their money, time and energy to serve their community. ## **FINANCIAL REVIEW** ## **Financial position** Full details of the results are shown in the financial statements that accompany this report. We are pleased to report the church members have continued to give generously and enable the trust to meets its ministry commitments. Funds available are sufficient to permit the Church to continue in operation in the medium term. The Trustees are satisfied that the charity is able to meet it's liabilities as they fall due. ## **Investment policy and objectives** The Trust Deed authorises the trustees to make and hold investments using general funds of the Charity, but no such investments are presently held. ## **Reserves policy** The policy of the Church is to maintain sufficient reserves which, in the opinion of the trustees allows them to cover management and administration costs and plan for the following years giving. At the year end the general reserve funds were £83,645. Page 2 SEAFORD COMMUNITY CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 3 1 DECEMBER 2022 FUTURE PLANS AS i%'e look to the future our mission continues to bp. to take God's presence, love and power to oiir local comryunity, our region and our natlon 8nJ out to tho nauons through equippino and relpasing men and ¥%'ornen Inro their God given Identity PU"P05e and calling. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document I lie Cliurcl) is soverned by a Declaration of Trusl dated 20 September 1985 13nd Deed of Variation datc 20 mè.ch 19951 to proThote the adv3ncement of the Christian Faith oither in the Unired Killgdom or over5e3s Recruitment an¢ appolntment of new trustee5 Thp. trustees namcd or the iiformation page. hawe served ijuring the year. APPOintff p.r,tr of the trustees is gove.ned by the Trust Deed of the CTfinty. Thc Board ot r."usrees IS outhonsed to appoint new trustees Lo rill vac3nrles <￿￿41ng through re51gnat.'on or Oeith of an exlstlng trustee. Risk rnanagernent The tru5Lees have examined the operation81 risks which Charity faces and are satisfied that the SyStem5 cijrrently In place are surriiien.. lo enablo suih rigks to be minim15ed. Approved by DrdEr of the board of trustee5 on bv". and signed on Its behalf Nr H Vl 6ardsley Trusteo Page 3 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SEAFORD COMMUNITY CHURCH** ## **Independent examiner's report to the trustees of Seaford Community Church** I report to the charity trustees on my examination of the accounts of Seaford Community Church (the Trust) for the year ended 31 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** 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. Mr J Greenslade FCCA Gibbons Mannington & Phipps LLP Chartered Accountants Landgate Chambers 24 Landgate Rye East Sussex TN31 7LJ 30 October 2023 Date: ............................................. Page 4 **SEAFORD COMMUNITY CHURCH** **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022** |Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**67,160**
Investment income
2
**41**
**Total**
**67,201**
**EXPENDITURE ON**
**Charitable activities**
Worship and Training
**20,155**
Ministry and Mission
**34,641**
Seahaven Storehouse
**-**
Giving
**37,247**
Administrative Support
**4,500**
**Total**
**96,543**
**NET INCOME/(EXPENDITURE)**
**(29,342)**
**Transfers between funds**
9
**3,218**
**Net movement in funds**
**(26,124)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**109,771**
**TOTAL FUNDS CARRIED FORWARD**
**83,647**|Restricted
funds
£
**65,551**
**-**
**65,551**
**3,959**
**-**
**57,733**
**4,924**
**-**
**66,616**
**(1,065)**
**(3,218)**
**(4,283)**
**127,311**
**123,028**|**2022**
**Total**
**funds**
**£**
**132,711**
**41**
**132,752**
**24,114**
**34,641**
**57,733**
**42,171**
**4,500**
**163,159**
**(30,407)**
**-**
**(30,407)**
**237,082**
**206,675**|_2021_
_Total_
_funds_
_£_
_123,473_
_3_
_123,476_
_53,373_
_5,816_
_54,785_
_25,446_
_-_
_139,420_
_(15,944)_
_-_
_(15,944)_
_253,026_
_237,082_| |---|---|---|---| The notes form part of these financial statements Page 5 SEAFORD COMMUNITY CHURCH BALANCE SHEET 31 DECEMBER 2022 2022 Total funds 2021 7otèl ftsnd5 Unrestricted funds A￿trIcted funds NDtes FIXED ASSETS Tdngible asrers 25,114 91.553 116,667 108,432 CURRENT ASSETS Dcbtors Cash at bank 4.187 56.695 4,187 88,170 6,927 123,910 31.475 60.882 3 1,475 92,357 130,837 CREDITQRS Arnount5 falling due. wlthln one year (2,3491 {2,349) (2,187) NET CURRENT ASSETS 58,533 31,475 90,008 128,650 TOTAL ASSETS LESS CURRENT LIABILITIES 83,647 123,028 206,675 237,082 NET ASSETS 83,647 123,028 206,675 237,082 FUNDS 83,647 123,028 L09,77 L L27,311 TOTAL FUNDS 206,675 231,082 The stale ents were approved by the Bcard of Trustees and authorise.d for Issue on and wero signed on Irs beholf bv.. Mr H W BDrdslcy TrLlStee The notcs forrti part of ttrie5¢ finanaal statcments Paot 6 **SEAFORD COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 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. Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. The value of services provided by volunteers has not been included. No permanent endowments have been received in the period. Income from investments is included in the year in which it is receivable. ## **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.Direct charitable expenditure are those costs incurred directly on the furtherance and support of the objects of the charity. 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 Musical Equipment - 20% on reducing balance Fixtures and fittings - 20% on reducing balance Computer equipment - 20% on reducing balance ## **TAXATION** The charity is exempt from tax on its charitable activities. ## **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 charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost 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. Investment income and gains are allocated to the appropriate fund. continued... Page 7 **SEAFORD COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022** ## **1. ACCOUNTING POLICIES - continued** ## **DONATED GOODS** In order to achieve our mission the members of the church are helped and encouraged to volunteer their time, money, giftings and skills according to each person�s unique abilities and circumstances. All aspects of church life and ministry both internal and to the community at large are only achievable because of this voluntary serving. The food bank is run by volunteers from the church alongside members of the public who give their time up to help. Donations of money and food come from the community and members of the church. Ministry Schools are run with the help of team members who often serve at their own expense giving their time and meeting their own financial costs. It is not possible to quantify the amounts of donated goods and services and therefore these have not been included in the accounts. ## **2. INVESTMENT INCOME** **----- Start of picture text -----**
|||| |---|---|---| |2022|2021| |£|£| |Bank interest|41|3| **----- End of picture text -----**
## **3. TRUSTEES' REMUNERATION AND BENEFITS** Mr J Hammond received remuneration in the year totalling £1,794 relating to ministerial services. No further remuneration was paid to trustees. ## **TRUSTEES' EXPENSES** A trustee has received reimbursement from the Church for out-of-pocket expenses incurred. Another trustee received payments for ministerial services performed for the Church. These payments totalled £4,500 in the year to 31 December 2022. The above expenses relate to services to the Church other than that of being trustees. No expenses have been reimbursed to trustees in relation to expenses incurred as trustees. ## **4. STAFF COSTS** The average monthly number of employees during the year was as follows: **----- Start of picture text -----**
|||| |---|---|---| |2022|2021| |Support and administration|2|4| **----- End of picture text -----**
No employees received emoluments in excess of £60,000. continued... Page 8 **SEAFORD COMMUNITY CHURCH** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022** |**5.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
68,962
Investment income
3
**Total**
68,965
**EXPENDITURE ON**
**Charitable activities**
Worship and Training
49,414
Ministry and Mission
5,816
Seahaven Storehouse
-
Giving
25,446
**Total**
80,676
**NET INCOME/(EXPENDITURE)**
(11,711)
**RECONCILIATION OF FUNDS**
Total funds brought forward
121,482
**TOTAL FUNDS CARRIED FORWARD**
109,771
**6.**
**TANGIBLE FIXED ASSETS**
Fixtures
Freehold
Musical
and
property
Equipment
fittings
£
£
£
**COST**
At 1 January 2022
**197,949**
**6,313**
**47,344**
Additions
**8,999**
**-**
**4,948**
At 31 December 2022
**206,948**
**6,313**
**52,292**
**DEPRECIATION**
At 1 January 2022
**93,270**
**6,283**
**43,927**
Charge for year
**4,139**
**6**
**1,673**
At 31 December 2022
**97,409**
**6,289**
**45,600**
**NET BOOK VALUE**
At 31 December 2022
**109,539**
**24**
**6,692**
At 31 December 2021
_104,679_
_30_
_3,417_|
Restricted
funds
£
54,511
-
54,511
3,959
-
54,785
-
58,744
(4,233)
131,544
127,311
Computer
equipment
£
**9,221**
**209**
**9,430**
**8,915**
**103**
**9,018**
**412**
_306_|Total
funds
£
123,473
3
123,476
53,373
5,816
54,785
25,446
139,420
(15,944)
253,026
237,082
Totals
£
**260,827**
**14,156**
**274,983**
**152,395**
**5,921**
**158,316**
**116,667**
_108,432_| |---|---|---| It is not considered practical for a valuation of the freehold property to be obtained. The trustees consider that market value would not be lower than the net book value as shown above. continued... Page 9 **SEAFORD COMMUNITY CHURCH** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022** ## **7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Other debtors
Tax
**8.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Taxation and social security
Other creditors
**9.**
**MOVEMENT IN FUNDS**
Net
movement
At 1/1/22
in funds
£
£
**Unrestricted funds**
General fund
**67,155**
**(7,433)**
Giving Fund
**5,783**
**(32,262)**
Ministry Fund
**3,929**
**4**
Barnabas Ministry Fund
**32,047**
**(3,130)**
Barnabas Ministry Giving Fund
**857**
**-**
IPC Special Offerings
**-**
**8,968**
IPC Donations
**-**
**4,511**
**109,771**
**(29,342)**
**Restricted funds**
Seahaven Storehouse
**31,799**
**(4,893)**
Building Reserve
**95,512**
**(3,959)**
Ukraine
**-**
**7,787**
**127,311**
**(1,065)**
**TOTAL FUNDS**
**237,082**
**(30,407)**|**2022**
**£**
**-**
**4,187**
**4,187**
**2022**
**£**
**372**
**1,977**
**2,349**
Transfers
between
funds
£
**(13,865)**
**32,503**
**(1,729)**
**(209)**
**(857)**
**(8,968)**
**(3,657)**
**3,218**
**(3,218)**
**-**
**-**
**(3,218)**
**-**|_2021_
_£_
_2,844_
_4,083_
_6,927_
_2021_
_£_
_448_
_1,739_
_2,187_
At
31/12/22
£
**45,857**
**6,024**
**2,204**
**28,708**
**-**
**-**
**854**
**83,647**
**23,688**
**91,553**
**7,787**
**123,028**
**206,675**| |---|---|---| continued... Page 10 **SEAFORD COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022** ## **9. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Giving Fund
Ministry Fund
Barnabas Ministry Fund
IPC Special Offerings
IPC Donations
**Restricted funds**
Seahaven Storehouse
Building Reserve
Ukraine
**TOTAL FUNDS**|Incoming
resources
£
**48,865**
**(32,270)**
**(1)**
**37,128**
**8,968**
**4,511**
**67,201**
**52,840**
**-**
**12,711**
**65,551**
**132,752**|Resources
expended
£
**(56,298)**
**8**
**5**
**(40,258)**
**-**
**-**
**(96,543)**
**(57,733)**
**(3,959)**
**(4,924)**
**(66,616)**
**(163,159)**|Movement
in funds
£
**(7,433)**
**(32,262)**
**4**
**(3,130)**
**8,968**
**4,511**
**(29,342)**
**(4,893)**
**(3,959)**
**7,787**
**(1,065)**
**(30,407)**| |---|---|---|---| ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
Giving Fund
Ministry Fund
Barnabas Ministry Fund
Barnabas Ministry Giving Fund
**Restricted funds**
Seahaven Storehouse
Building Reserve
**TOTAL FUNDS**|At 1/1/21
£
82,121
4,979
3,927
29,506
949
121,482
32,073
99,471
131,544
253,026|Net
movement
in funds
£
(11,709)
-
-
(1)
(1)
(11,711)
(274)
(3,959)
(4,233)
(15,944)|Transfers
between
funds
£
(3,257)
809
-
2,541
(93)
-
-
-
-
-|At
31/12/21
£
67,155
5,788
3,927
32,046
855
109,771
31,799
95,512
127,311
237,082| |---|---|---|---|---| continued... Page 11 **SEAFORD COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022** ## **9. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Barnabas Ministry Fund
Barnabas Ministry Giving Fund
**Restricted funds**
Seahaven Storehouse
Building Reserve
**TOTAL FUNDS**|Incoming
resources
£
68,967
(1)
(1)
68,965
54,511
-
54,511
123,476|Resources
expended
£
(80,676)
-
-
(80,676)
(54,785)
(3,959)
(58,744)
(139,420)|Movement
in funds
£
(11,709)
(1)
(1)
(11,711)
(274)
(3,959)
(4,233)
(15,944)| |---|---|---|---| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
Giving Fund
Ministry Fund
Barnabas Ministry Fund
Barnabas Ministry Giving Fund
IPC Special Offerings
IPC Donations
**Restricted funds**
Seahaven Storehouse
Building Reserve
Ukraine
**TOTAL FUNDS**|At 1/1/21
£
82,121
4,979
3,927
29,506
949
-
-
121,482
32,073
99,471
-
131,544
253,026|Net
movement
in funds
£
(19,142)
(32,262)
4
(3,131)
(1)
8,968
4,511
(41,053)
(5,167)
(7,918)
7,787
(5,298)
(46,351)|Transfers
between
funds
£
(17,122)
33,312
(1,729)
2,332
(950)
(8,968)
(3,657)
3,218
(3,218)
-
-
(3,218)
-|At
31/12/22
£
45,857
6,029
2,202
28,707
(2)
-
854
83,647
23,688
91,553
7,787
123,028
206,675| |---|---|---|---|---| continued... Page 12 **SEAFORD COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022** ## **9. MOVEMENT IN FUNDS - continued** 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
Giving Fund
Ministry Fund
Barnabas Ministry Fund
Barnabas Ministry Giving Fund
IPC Special Offerings
IPC Donations
**Restricted funds**
Seahaven Storehouse
Building Reserve
Ukraine
**TOTAL FUNDS**|Incoming
resources
£
117,832
(32,270)
(1)
37,127
(1)
8,968
4,511
136,166
107,351
-
12,711
120,062
256,228|Resources
expended
£
(136,974)
8
5
(40,258)
-
-
-
(177,219)
(112,518)
(7,918)
(4,924)
(125,360)
(302,579)|Movement
in funds
£
(19,142)
(32,262)
4
(3,131)
(1)
8,968
4,511
(41,053)
(5,167)
(7,918)
7,787
(5,298)
(46,351)| |---|---|---|---| The purposes of the restricted and unrestricted funds are as follows: General fund - the income is generated from regular planned giving for the furtherance of the charity's objective to promote the advancement of the Christian Faith either in the United Kingdom or overseas. Other unrestricted funds are allocations from the general fund for budgeting and future planning purposes. Giving fund - for giving out of the general fund. Barnabas ministries fund - the identification of gift aid tax reclaims arising from general fund giving and an allocation out of the general fund to support local, national and international ministry activities. Barnabas ministries giving fund - for giving arising from itinerant ministry work and external relationships. Ministry fund - to support ministry and administration. Building reserve fund - The fund represents the improvements made to the premises occupied by the church. Seahaven Storehouse - The fund is for the purpose of providing food to those in need in the local community. Ukraine - The fund is for the purpose of supporting our ministry in Ukraine. ## **TRANSFERS BETWEEN FUNDS** The fixed assets purchased by the charity in the year using restricted funds do not have restricted conditions attached to their usage, and as such a transfer has been made to the general funds to reflect this. continued... Page 13 **SEAFORD COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022** ## **10. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2022. Page 14 **SEAFORD COMMUNITY CHURCH DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Income tax refunds
Foodbank income
School & event fees
**Investment income**
Bank interest
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Insurance
Telephone
Public worship
Foodbank costs
Training and evangelism
Grants to individuals
**Support costs**
**Management**
Wages
Premises costs
Postage and stationery
Ministerial services
**Finance**
Bank charges
Freehold property
Musical equipment
Fixtures and fittings
Computer equipment
**Governance costs**
Independent examination fee
Total resources expended
**Net expenditure**|2022
£
**62,768**
**15,802**
**50,291**
**3,850**
**132,711**
**41**
**132,752**
**1,416**
**636**
**-**
**57,723**
**6,545**
**42,171**
**108,491**
**38,074**
**3,849**
**219**
**4,500**
**46,642**
**5**
**4,139**
**6**
**1,673**
**103**
**5,926**
**2,100**
**163,159**
**(30,407)**|_2021_
_£_
_55,814_
_14,159_
_53,500_
_-_
_123,473_
_3_
_123,476_
_-_
_-_
_251_
_54,785_
_2,830_
_25,446_
_83,312_
_43,518_
_5,552_
_-_
_-_
_49,070_
_30_
_3,959_
_7_
_854_
_76_
_4,926_
_2,112_
_139,420_
_(15,944)_| |---|---|---| This page does not form part of the statutory financial statements Page 15