2023-01-31-accounts - Huddersfield Christian Fellowship

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees'	Report		1-4
Statement	ofTrustees'	Responsibilities
Auditors'	Report		6-8
Statement	of Financial	Activities	9-10
Balance Sheet			11-12
Statement	ofCash Flow		13-14
Notes to the Accounts			15-24
Revenue	and Trading	Accounts	25-27

		2023	2022
		6	6
Income and Expenditure
Incoming Resources
Fund Raising Income	2	369,939	253,963
Charitable Income	3	1,432,062	1,293,053
Investment Income	4	32	7
Other Income	5	133,925	274,664
Total Incoming Resources		1,935,958	1,821,687
Resources Expended
Fund Raising Costs	6	419,595	357,245
Charitable Activities	7	1,131,974	964,377
Governance Costs	8	32,700	12,925
Finance Costs	9	104,944	56,115
Total Resources Expended	10	1,689,213	1,390,662
Net Incoming Resources for the Year		246,745	431,025
Balances brought forward at 1 February		9,472,369	9,041,344
Balances carried forward at 31January		9,719,114	9,472,369

	Note	2023	2022
			5
Income and Expenditure
Incoming Resources
Fund Raising Income	2	369,939	253,963
Charitable Income	3	1,432,062	1,293,053
Investment Income	4	32	7
Other Income	5	81,697	228,796
Total Incoming Resources		1,883,730	1,775,819
Resources Expended
Fund Raising Costs	6	419,595	357,245
Charitable Activities	7	894,250	746,964
Governance Costs	8	23,412	6,927
Finance Costs	9	163	999
Total Resources Expended	10	1,337,420	1,112,135
Net Incoming Resources for the Year		546,310	663,684
Balances brought forward at 1 February		13,295,690	12,632,006
Balances carried forward at 31 January		13,842,000	13,295,690

Consolidated Cash Flow at	31 January 2023
			Note	2023	2022
				F.	6
Cash flow from operating	activities
Cash generated from operations Finance costs			25 9	544,394 ~104,944	698,574 ~56,115
Net cash inflow from operations				439,450	642,459
Investing activities
Purchase of tangible fixed assets				(28,643)	(23,184)
Proceeds from sale offixed	assets
Net cash used in investing	activities			(28,643)	(23,184)
Finance activities
Repayment of bank loans				(588,713)	(473,447)
Increase/(repayment) of overdraft				85,593	(18,939)
(Repayment) in hire purchase (Repayment) ofother loans				~24, 000	(17,225) ~32.000
Net cash provided by (used in) financing		activities		(527,120)	(541,611)
Net cash (decrease)/increase	in cash and cash equivalents			(116,313)	77,664
Cash and cash equivalents	at the beginning	of the year		207,466	129,802
Cash and cash equivalents	at end ofyear		26	91,153	207,466

Cash Flow at 31 January 2023
		Note	2023	2022
			6	6
Cash flow from operating activities
Cash generated from operations Finance costs		25 9	(5,184) ~163	76,911 ~999
Net cash inflow from operations			(5,347)	75,912
Investing activities
Purchase of tangible fixed assets			(28,643)	(23,184)
Proceeds from sale of fixed assets
Net cash used in investing activities			(28,643)	(23,184)
Finance activities
(Repayment) in hire purchase (Repayment) ofother loans			~24, 399	(3,824) ~32.999
Net cash provided by (used in) financing	activities		(24,000)	(35,824)
Net cash (decrease)/increase in cash and cash equivalents			(57,990)	16,904
Cash and cash equivalents at the beginning	ofthe year		143,615	126,711
Cash and cash equivalents at end ofyear		26	85,625	143,615

classification. Where e a usage basis. Tangible fixed assets	xpenditure invo	lves more than one cost category expendit	ure is apportioned on
Depreciation is provided	on all tangible	fixed assets, other than land, in order to	write off the cost, less
estimated residual value	ofeach asset	over its expected useful life, at the following	annual rates:-
Freehold Building		- 1%on a straight-line basis
Property Improvements Fixtures, Fittings 5 Equipment		- 15%on reducing balance basis - 15%on reducing balance basis
Motor Vehicle		-20% on reducing balance basis

2	Fund Raising Income					2023t	2022 E
	Catering					15,326	8,066
	Centre Books and Crafts					354,613	245,897
						369,939	253,963
3	Charitable Income					2023	2022
						6	6
	Offerings and Tithes					1,390,885	1,270,124
	Donations					41,177	22,929
						1,432,062	1,293,053
4	Investment Income					2023 6	2022f
	Bank Interest					32	7
						32
			(Consolidated)			(Charity)
5	Other Income		2023 6	2022 f		2023 E	2022 6
	Rents Received		69,223	152,385		69,223	152,385
	Trips		9,101	6,505		9,101	6,505
	Functions				590		590
	Sundries		3,373	5,779		3,373	5,779
	Domicilary Care Fees		52,228	45,521
	Coronavirus funding			63,884			63537
			133,925	274,664		81,697	228,796
6	Fund Raising Costs					2023	2022
						6	6
	Catering					23,750	10,638
	Books and Music					6,049	4,646
	Coffee, Book Shop, Fizzy Lizard and Care		Services-
	Cost ofSales					142,093	90,937
	Wages and Salaries					214,383	212,113
	Training costs and uniform					328	729
	Rates, Water and Insurance					2,595	4,769
	Telephone					2,892	2,139
	Office costs and repairs					11,386	8,691
	Postage, Stationery	and Advertising				1,120	6,941
	Bank and Credit Charges					7,112	5,341
	Incidentals					235	616
	Depreciation					7,652	7,724
	I oss/(Profit) on disposal of fixed assets						1,961
						419,595	357,245

						(Cons	olidated)	(Charity)	(Charity)
7	Charitable activities					2023f	2022f	2023	2022
	Trustees Remuneration					170,000	125,750	170,000	125,750
	Elders Non-Trustee	Remuneration				59,333	23,500	59,333	23,500
	Missions and Outreach					31,130	20,433	31,130	20,433
	Gifts (note 21)					34,873	12,779	34,873	12,779
	Ministry costs						1,284		1,284
	Property Running Costs					162,239	193,026	159,886	184,747
	Youth and childrens	work				840	78	840	78
	Trips					20,860	2,030	20,860	2,030
	Wages and Salaries					387,751	336,247	291,935	269,503
	Staff training and uniform					119	454
	Printing, Postage, Stationery			and	Advertisin	6,295	298	6,145	99
	Conference Fees and Subscriptions					21,545	1,192	21,545	1,192
	Events costs					1,314	1,777	1,314	1,777
	ITcosts					19,248	16,487	19,248	16,487
	Motor Expenses					4,707	6,726	4,320	6,267
	Cleaning					7,537	4,947	7,346	4,867
	Bank and Credit Charges					6,564	8,617	2,321	3,412
	Sundry Expenses					227	769	227	756
	Bad and Doubfful Debts					19
	Operating Lease Rental					36,517	45,992	36,517	45,992
	Depreciation					160,256	161,883	25,810	25,903
	I oss/(Profit) on disposal		of fixed		assets	600	108	600	108
						1,131,974	964,377	894,250	746,964
						(Consolidated)		(Charity)
8	Governance costs					2023 f	2022 f	2023 f	2022 f
	Audit and Accountancy		Fees			16,567	12,577	7,737	6,927
	Professional Fees					16,133	348	15,675
						32,700	12,925	23,412	6,927
						(Consolidated)		(Charity)
9	Finance costs					2023 f	2022 f	2023 f	2022
	Bank interest on loans					104,781	53,622
	Hire purchase interest					163	2,493	163	999
						104,944	56,115	163	999
10	Total Resources Expended			(Consolidated)
					Staff	Dep'n	Other	Total	Total
					Costs f		Costs f	2023f	2022f
	Fund Raising and Pubkcity				214,383	7,652	197,560	419,595	357,245
	Charitable Activities				617,084	160,256	354,634	1,131,974	964,377
	Governance Costs						32,700	32,700	12,925
	Finance Costs						104,944	104,944	56,115
					831,467	167,908	689,838	1,689,213	1,390,662

(Consolidated)	(Consolidated)
2023	2022
6	6
777,262	641,659
43,587	46,537
10,618	9,414
831,467	697,610

The average number ofempl	oyees was:
					Number	Number
	Full Time				21	21
	Part Time				14	13
					35	34
Total Resources Expended	(Charity)
	Staff	Dep'n	Other		Total	Total
	Costs f	6	Costs f		2023 6	2022 6
Fund Raising and Publicity	214,383	7,652	197,560		419,595	357,245
Charitable Activities	521,268	25,810	347,172		894,250	746,964
Governance Costs			23,412		23,412	6,927
Finance Costs				163	163	999
	735,651	33,462	568,307		1,337,420	1,112,135
Staff Costs:
Wages and Salaries					689,536	579,075
Social Security Costs					37,109	43,485
Pension costs					9,006	8,306
					735,651	630,866

	2023	2022
Operating lease which expires:		6
Within one year	17,936	20,081
Between two and five years	71,742	71,743
Over 5years	4,484	22,420
	94,162	114,244

Transactions with Trustees	and Connect	ed Pers	ons
The Charity has remunerated	the following	amounts	to the Trustees
and persons connected to the Trustees	Trustees:			2023	2022f
Jonathan Skinner				65,000	55,833
Stuart Gladstone				55,000	41,250
James Lewis				50,000	28,667
				170,000	125,750
C~td
Lindsay Gladstone - being the	wife ofSGladstone				1,875
Wendy Skinner - being the wife ofJSkinner				25,000	20,417
Sham Vaida - being the daughter ofJ Skinner				19,123	2,617
Jo Lewis - being wife ofJ I ewis				23,928	15,768
				68,051	40,677

Tangible Fixed Assets (Consolidated)	Tangible Fixed Assets (Consolidated)
			Fixtures
	Freehold	Property	Fittings	Motor
	Property f	Improvements	&Equip	Vehicle f	Total f
Cost
Balance at 1 February 2022	13,575,316	12,333	745,831	46,625	14,380,105
Additions Disposal Balance at 31January 2023	4,346 13,579,662	12,333	24,297 ~4,436 768,692	46,625	28,643 ~1,436 14,407,312
Accumulated Depreciation
Balance at 1 February 2022	377,247	2,149	505,951	38,125	923,472
Charge for Year Disposal	127,535		38,673 ~773	1,700	167,908 ~773
Balance at 31January 2023	504,782	2,149	543,851	39,825	1,090,607
Net Book Values
At 31 January 2023	13,074,880	10,184	224,841	6,800	13,316,705
At 31 January 2022	13,198,069	10,184	239,880	8,500	13,456,633

			Fixtures
	Freehold	Property	Fittings	Motor
	Property f	Improvements f	&Equip f	Vehicle f	Total f
Cost
Balance at 1 February 2022		12,333	612,156	46,625	671,114
Additions Disposal Balance at 31 January 2023		4,346 16,679	24,297 ~7,436 635,017	46,625	28,643 ~7,436 698,321
Accumulated Depreciation
Balance at 1 February 2022		2,149	429,810	38,125	470,084
Charge for Year Disposal		1,786	29,973 ~773	1,700	33,459 ~773
Balance at 31 January 2023		3,935	459,010	39,825	502,770
Net Book Values
At 31January 2023		12,744	176,007	6,800	195,551
At 31January 2022		10,184	182,346	8,500	201,030

			(Consolidated)	(Consolidated)		(Charity)
15	Investments in subsidiary	companies	2023 E	2022 f	2023 E		2022 F
	Cost at 1 February 2022					104		104
	Additions
	Cost 31 January 2023					104		104

					(Consolidated)	(Consolidated)	(Charity)	(Charity)
16	Stocks				2023 E	2022 f	2023 f	2022 E
	Bookshop				27,958	31,099	27,958	31,099
	Coffee Shop &	Fizzy	Lizard		8,088	6,063	8,088	6,063
					36,046	37,162	36,046	37,162
					(Consolidated)		(Charity)
17	Debtors				2023 E	2022 E	2023 f	2022 E
	Trade debtors				5,515		5,515
	Taxation Recoverable				13,353	13,524	13,353	13,524
	Prepayments				50,275	61,558	42,501	55,399
	Amount Owed	by Promised		Land
	Developments	I td					13,389,776	12,841,276
	Amount Owed	by Cathedral		House
	Care Services	Ltd					137,135	86,935
					69,143	75,082	13,588,280	12,997,134
					(Consolidated)		(Charity)
18	Liabilities: Amounts		due	within one year	2023 E	2022 E	2023f	2022 E
	Bank Overdraft				85,593
	Trade Creditors				32,755	27,843	30,488	27,843
	FAYE				4,073	2,217	2,358	2,217
	VAT				10,830	6,840	10,830	6,840
	Sundry creditors					99		101
	Accruals				28,946	22,526	11,930	14,354
	Bank loan				570,372	624,000
	Other loans				8,000	32,000	8,000	32,000
					740,569	715,525	63,606	83,355

Included	in gifts in note 7are the following	in gifts in note 7are the following	in gifts in note 7are the following	individual	and	institutional	grants made
						No	2023	No	2022
							f		6
Individual						9	22,963	24	8,634
Institutional								3	4,145
							22,963		12,779
The following		analysis shows grants	paid	during the	year
amounted	to	over 61,000 made to organisations;
									f
Churches	in	Tanzania							3,500
									3,500

tes	to the Financial Sta	temen	ts for the Year End	ed 31 January 2023	ed 31 January 2023
				(Consolidated)		(Charity)
25	Cash generated	from	operations	2023	2022	2023	2022
				6	6	6	6
	Profit for the year	after	tax	246,745	431,025	546,310	663,684
	Adjusted for:
	Finance costs			104,944	56,115	163	999
	Depreciation of tangible		assets	167,908	169,607	33,462	33,627
	Loss/(profit) on sale of		assets	600	2,069	600	2,069
	Movement in working		capital
	Decrease in stock			1,116	5,460	1,116	5,460
	Decrease/(increase) in		debtors	5,939	11,036	(591,146)	(656,356)
	(Decrease)/increase in		creditors	17,142	23,262	4,311	27,428)
	Cash generated	from	operations	544,394	698,574	5,184	76,911
26	Analysis ofcash	and	cash equivalents	(Consolidated)		(Charity)
				2023	2022	2023	2022
	Cash at bank and	in hand		91,153	207,466	85,625	143,615
	Total cash and cash equivalents			91,153	207,466	85,625	143,615

				2023		2022
INCOME
Offerings and Tithes				1,186,294		1,089,111
Taxation Refunds				204,591		181,013
Donations				41,177		22,929
Bank Deposit Interest				32		7
Sundries				3,373		5,779
Rents Received				69,223		152,385
Functions						590
Trips				9,101		6,505
Catering				15,326		8,066
					1,529,117		1,466,385
EXPENDITURE
Wages				252,468		231,763
Employers NIC				32,424		32,445
Employers Pension		costs		7,043		5,295
Property Running	Costs			159,886		184,747
Gifts				34,873		12,779
Ministry Costs						1,284
Books and Music				6,049		4,646
Postage and Stationery				6,123		27
Advertising				22		72
Catering				23,750		10,638
Cleaning				7,346		4,867
Conference, Fees	and		Subscriptions	21,545		1,192
Youth and Childrens		Work		840		78
Trips				20,860		2,030
Audit and Accountancy			Fees	4,298		3,915
Trustees Remuneration				170,000		125,750
Elders Non-Trustee		Remuneration		59,333		23,500
Missions and Outreach				31,130		20,433
Events Costs				1,314		1,777
ITCosts				19,248		16,487
Motor Expenses				4,320		6,267
Sundries				227		756
Operating Lease Rental				36,517		45,992
Bank and Credit Charges				2,321		3,412
Hire Purchase Interest				163		999
Depreciation				25,810		25,903
Loss on Disposal of		Fixed Assets		600		108
					928,510		767,162
OTHER OPERATING			INCOME
Coronavirus job retention scheme grant						30,237
							30,237
Surplus For The Year					600,607		729,460

					Book	Coffee	Fizzy	2023	2022
					Shop	Shop	Lizard	Total	Total
					8	6	6	6	6
SALES					60,708	146,054	147,651	354,613	245,897
PURCHASES					38,192	67,100	35,685	140,977	85,776
Stock Movement					3,141	(2,014)	(11)	1,116	5,161
GROSS PROFIT					19,375	80,968	112,177	212,520	154,960
EXPENDITURE
Wages					29,389	88,811	89,535	207,735	198,062
Employers NIC					2,822	2,970	(1,107)	4,685	11,040
Employers Pension	Costs				682	834	447	1,963	3,011
Training costs					270	58		328	729
Rates, Water and	Insurance				591	692	1,312	2,595	4,769
Conference &Subscription				fees	1,084	737	1,071	2,892	2,139
Office costs and repairs					190	3,857	7,339	11,386	8,691
Postage Stationery,	IT	and		Advertising	636	95	389	1,120	6,941
Audit and Accountancy					1,147	1,146	1,146	3,439	3,012
Professional Fees					5,225	5,225	5,225	15,675	0
Bank and Credit Charges					1,260	2,596	3,256	7,112	5,341
Incidentals					4	(3)	234	235	616
Loss on disposal offixed			assets						1,961
					43,300	107,018	108,847	259,165	246,312
OTHER OPERATING		INCOME
Coronavirus job retention			scheme grant						22,204
Other Coronavirus	funding								11,096
(Loss) I Profit Before Depreciation					(23,925)	(26,050)	3,330	(46,645)	(58,052)
Less: Depreciation					(704)	(2,508)	(4,440)	(7,652)	(7,724)
(Loss) For The Year					24,629	28,556	1,110	54,297	65,776

PROMISED LAND DEVELOPMENTS	PROMISED LAND DEVELOPMENTS	PROMISED LAND DEVELOPMENTS	PROMISED LAND DEVELOPMENTS	LIMITED	LIMITED
Revenue Account	for the		Year Ended	31 January 2023
							2023	2022
INCOME							6
Rents Received
EXPENDITURE
Rent and Rates						154		154
Property Repairs								6,147
Audit and Accountancy		Fees				5,500		2,500
Bank and Credit Charges						4,004		4,992
Sundries								13
Bank Interest on Loan and Overdraft						104,781		53,622
Hire Purchase Interest								1,494
							114,439		68,922
(Loss) Before Depreciation							(114,439)		(68,922)
Less: Depreciation							(134,407)		(135,935)
(Loss) For The Year							248,846		204,857
CATHEDRAL HOUSE CARE SERVICES LIMITED							2023	2022
Revenue Account	for the		Year Ended	31January 2022		6	6	6	6
INCOME
Domicilary Care Fees and			Cross chargable		income	52,228		45,521
							52,228		45,521
DIRECT COSTS
Wages						87,726		62,584
Employers NIC						6,478		3,052
Employers Pension costs						1,612		1,108
Staff Uniform						119		454
Mileage Charges						387		459
Sundries
							96,322		67,657
ADMIN COSTS
Cleaning						191		80
Insurance						2,199		1,978
Staff Training						150
Professional Fees						458		348
Audit and Accountancy		Fees				3,330		3,150
Bank and Credit Charges						239		213
Bad and Doubtful	Debts						19
Stationery								199
							6,586		5,968
OTHER OPERATING INCOME
Coronavirus job retention			scheme grant					347
Other Coronavirus	funding
									347
(Loss) Before Depreciation							(50,680)		(27,757)
Less: Depreciation							~39		~45
(Loss) For The Year							50,719		~27,802