|Notes to the Financial Statements|(continued)|(continued)|||||
|---|---|---|---|---|---|---|
|Year ended 5 April 2023|||||||
|4 Loan|||||||
|The loan isto Christchurch||Baldock. It is repayable||by|2027 adjusted||
|for any increase<br>in the|value ofthe property||purchased||with the help of|the loan.|
|5 Grants payable|||||||
||||||2023|2022|
|The following<br>grants were||made during the|year||||
|Grace Church<br>Hackney|||||11,244|15,354|
|Christchurch<br>Baldock|||||7,350|7,000|
|United<br>Fields Mission|||||7,850|6,500|
|Emmanuel|||||5,000|0|
|Christchurch<br>Balham|||||2,250|0|
|UCCF|||||2,000|2,500|
|OMF|||||1,600|1,600|
|Christian<br>Medical Fellowship|||||1,260|1,260|
|Stewardship|||||1,000|1,500|
|International<br>Fellowship|||||1,000|0|
|Friends International|||||1,000|1,250|
|Titus Trust|||||1,000|1,000|
|Faith in Kids|||||1,000|1,000|
|lllyrian<br>Gospel Trust|||||1,000|1,000|
|Operation<br>Mobilisation|||||500|1,000|
|Langham<br>Partnership|||||500|1,500|
|6 (2022:5)grants under E1,000|||||3,250|2,750|
||||||E48,804|E4,214|
|6 Governance<br>Costs|||||||
|Solicitors' Fees|||||||
|Bank charges|||||||
||||||EO|EO|
|7 Fundraising<br>costs|||||||
|Investment<br>Management||Charges|||4,752|9,716|
||||||E4,752|E9,716|
|8 Transactions<br>with Trustees|||||||
|No remuneration<br>or expenses have been paid tothe Trustees.|||||||