2023-03-31-accounts - Northgate Church Trust

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CONTENTS			~Pa e
Charity information
Report ofTrustees			3-5
Independent Examiner's		Report
Statement offinancial	activities
Balance sheet
Funds statement
Accounting policies			10-11
Notes to the financial	statements		12-17

Governing	Instrument	Declaration ofTrust	Declaration ofTrust		( Amended)
		29th July 1976			(28th November	1986)
Trustees		Richard Nutt			Chair
		Gerald Sidery			Treasurer
		Dave Hopper			Secretary
		David Davies
		Rachel Gray			Resigned 24th April 2023
		Joanna Nutt			Resigned 24th April 2023
Elders &Leaders		Gerald Sidery
		Lin Sidery
		Nick Pengelly
		Sue Pengelly
		Jenni Ogden
		Joe Bullen
Principal Address		Northgate Church
		Upper Northagte	Street
		Chester
		CH1 4EF
Bankers		National Westminster		Bank pic
		Chester Branch
Independent	Examiner	Bayliss Baines Limited
		Chartered Certified Accountants
		1st Floor
		29Chester Street
		Wrexham LL138BG

Incomimg Resources	Incomimg Resources			Unrestricted	Restricted	TOTAL	TOTAL
Income from:				Funds	Funds	2023	2022
			Notes	f	f	f	f
Donations and legacies			2(a)	132'783	40,827	173,610	166,360
Charitable activities			2(b)	45,203		45,203	24,113
Investments			2(c)	1,962		1,962	903
Total income				179,948	40,827	220,775	191,376
Expenditure on:
Raising funds			3(a)
Charitable activities			3(b)	197,637	37,488	235,125	170,600
Total expenditure				197p637	37,488	235,125	170,600
Net income(expenditure)		before investment		(17,689)	3,339	(14,350)	20,776
gains/(Losses)
Transfers between	funds			3,640	(3,640)
Net movement in funds				(14,049)	(301)	(14,350)	20,776
Reconciliation offunds
Total funds brought	forward			476,069	31,635	507,704	486,928
Total funds carried	forward			462,020	31,334	493,354	507,704

		Unrestricted	Restricted	TOTAL	TOTAL
		Funds	Funds	2023	2022
	Notes	E	E	E	E
FIXEDASSETS
Tangible Assets		168,966		168,966	157,771
CURRENT ASSETS
Debtors and prepayments		20,108		20,108	2 223
Cash at Bank and in Hand		282,098	31,334	313,432	358,438
Total Current assets		302,206	31,334		360,661
CREDITORS
Amounts falling due within one year	8	9,152		9,152	10,728
Net Current Assets		293,054	31,334	324,388	349,933
Total assets less current liabilities		462,020	31,334	493,354	507,704
Total net assets		462,020		493,354	507,704
Funds ofthe Charity:
Restricted income funds			31,334	31,334	.31,635
Unrestricted funds		462E020		462,020	476,069
Total funds		462,020	31,334	493,354	507,704

		2023	2022
		f	E
Net movement in funds		(14,350)	20,776
add: Depreciation		10,887	6,591
Decrease/(increase) in debtors		(17,885)	1,219
Incresae/(decrease) in creditors		(1,576)	2,710
Net cash used in operating	activities	(22,924)	31,296
Tangible fixed assets	acquired	(22,082)
Loan repayments
Cash brought forward		358,438	327,142
Cash carried forward		313,432	358,438

2.INCOMING	RESOURCES:	RESOURCES:
			Unrestricted	Designated	Restricted	TOTAL	TOTAL
			General			2023	2022
			E	E	E	E	E
2(a) Donations and legades:
Donations and gifts			106,894	1,000	40,827	148,721	138,451
Gift Aid			24,889			24,889	27,909
Grants Received
			131,783	1,000	40,827	173,610	166,360
2(b) Charitable activities:
Church hall	and	house lettings	43,891			43,891	24,104
Sundry Income			1,312			1,312	9
			45,203			45,203	24,113
2(c)Income	from	investments
Interest			1,962			1,962	903
			1,962			1,962	903
TOTAL INCOMING		RESOURCES	178,948	1,000	40,827	220,775	191,376

3.RESOURCES EXPENDED
	Unrestricted	Designated	Restricted	TOTAL	TOTAL
	Fund	Funds	Funds	2023	2022
	f	f	f	f	f
3(a)Raising funds
3(bJCharitable activities
Ministry services	68,926			68,926	63,479
Ministry expenses	6,501			6,501	11,239
Ministry gifts	4,959	8,992	30,438	44,389	29,697
Outreach, music, &drama	2,764			2,764
Rental property costs	9,461	4,659		14,120	6,870
Administration wages	11,546			11,546	7,761
Administration costs	25,319			25@19	11,347
Property costs -church	44,269		7,050	51319	33,714
Community work projects	2,270			2,270	1,278
Conference, books and training	2,406			2,406	1,072
Children &youth work	3,915			3,915	2,093
Governance costs	1,650			1,650	2,050
	183,986	13,651	37,488	235,125	170,600
Total Expenditure	183,986	13,651	37,488	235,125	170,600

Statement offunds
				At 1st April 2022	Income	Expenditure	Transfers	At 31st	March
				E			E	E
General Reserve				336,644	178,948	(183,986)	18,196	349,802
Designated funds
Bliss Legacy				20,485		(240)		20,245
Okell Legacy				2,000					2,000
Smith Legacy				3,000					3,000
Lorne Street				8,592		(4,659)	2,490		6,423
Redemption Fund				28,000				28,000
Seed Fund				15,799		(8,752)	7,845	14,892
Family Worker Fund				3,000					3,000
Iecn uevelopment			I-una	5,975					5,975
Innovation Fund				6,000			2,000		8,000
Designated Tithes				46,574	1,000		(26,891)	20,683
				139,425	1,000	(13,651)	(14,556)	112,218
Total Unrestricted	Funds			476,069	179,948	(197,637)	3,640	462,020
Restricted funds
Property Maintenance		Funds
Property Maintenance		Funds		12,640			(12,640)
Short Term Redirected		Gifts
Redirected Gifts					1,994	(1,994)
Destiny School Zambia				733	5,030	(4,595)			1,168
Greenway Grocer					125				125
Iranian Family Fund					2,526	(1,122)	(260)		1,144
Sanctuary Seeker Fund					6,824	(5,209)	2,000		3,615
Music Ministry				500		(500)
Cuppa at the Cross				314					314
Lovemore 8 Caroline				580	460	(738)			302
Property Roof Fund					10,000	(7,050)	7,000		9,950
Zambia Sports 8 Kids				415	100				515
Steph Mansfield				(350)	2,450	(2,100)
Ukraine				1,615	9,361	(9,434)			1,542
Wolverham School	Fund			179	276	(455)
Longer Term Ongoing		Funds
Childrens Work				850					850
Mission to India				2,979					2,979
Outreach Fund				821	398	(1,219)
Overseas Mission				548		(312)			236
Sanctuary Seeker Fund
The Barn Fund				5,620	1,283	(2,712)	260		4,451
Youth 8 Students				4,191		(48)			4,143
Total restricted funds				31,635	40,827	(37,488)	(3,640)	31,334
Total funds				507,704	220,775	235,125)		493,354

Designated funds	Designated funds
Bliss Legacy				Unrestricted legacy received
Okell Legacy				Unrestricted legacy received
Smith Legacy				Unrestricted legacy received
Lorne Street Reparation			Fund	Reserve for future large reparations
Seed Fund				Propotion ofincome set aside for external					ministries
Family Worker Fund				Designated to launch Community	Project
Redemption Fund				Funds set aside following reclaim ofofferings
Tech Development		Fund		Funds for future PA &Media upgrades
Innovation Fund				Funds set aside for future innovative		projects
Designated tithes				Tithes allocated for future larger projects
Restricted funds
Property Maintenance			Funds
General				Funds raised for Damp Issues &Roof
Short Term Redirected			Gifts
Redirected Gifts				Funds received to redirect to individuals				and organisations
Destiny School Zambia				Funds raised for a School in Zambia
Greenway Grocer				Local Community Initiative against	food		poverty
Cuppa at the Cross				Local Community Outreach
Iranian Family Fund
Lovemore &Caroline				Overseas Missionary
Steph Mansfield				Overseas Missionary
Kaveh &Negin Refugee			Fund	Funds raised for Sanctuary Seeker	Family
Music Ministry				Fund for Musicians Training
Africa Missions				Funds raised for Overseas Missions
Zambia Sports &	Kids			Funds raised for Sports Ministry in	Zambia
Ukraine				Funds raised for Ukrainian mission	&	relief
Wolverham School		Fund		Funds raised for support for Woolverham					school
Property Roof Fund
Longer Term Ongoing			Funds
Childrens Work				To fund a part time children's worker
Mission to India				To fund ministry into India
Outreach Fund				To fund special outreach events
Overseas Mission	Fund			To fund overseas ministry trips
Sanctuary Seeker	Fund			To fund the work for Asylum Seekers		in	UK
The Barn Fund				To fund assistance to church members			in	financial		crisis
Youth &Students				To fund the ministry into youth &	student				work

Employees Costs	2023	2022
	E	E
Wages and salaries	77,763	69,138
Social security costs	1,140	821
Pensions	1,578	1,280
	80,481	71,239

								Number	Number
	Furtherance ofCharity's	objectives
	Management and administration		of	the church
6	FIXEDASSETS		Freehold		land	Fixtures &	ONce	P.A
			and	buildings		Fittings	Equipment	Media &IT	Total
				E		E	E	E	E
	Cost
	As at 1st April 2022			225,833		56,767	32,344	63,171	378,115
	Additions					19,631		2,451	22,082
	Disposals
	As at 31st March 2023			225,833		76,398	32,344	65,622	400,197
	Depreciation
	As at 1stApril 2022			72,094		56,767	32,344	59,139	220,344
	Charge for the Year			3,277		3,926		3,684	10,887
	Eliminated on Disposal
	As at 31st March 2023			75,371		60,693	32p344	62,823	231.231
	Net Book Value
	As at 31st March 2023			150,462		15p705		2,799	168,966
7	Debtors and Prepayments							2023	2022
								E	E
	Income Tax Recoverable							11,890	2,223
	Prepayments and Accrued Income							8,218
								20p108	2 223

												2023	2022
8	Creditors: Amounts				falling			due within one	year			f	f
	Accruals											3,869	9,143
	Other Creditors											5,283	1,585
												9,152	10,728
								Unrestricted			Restricted	Total Funds
									Fundsf		Fundsf	2023f	2022f
	Fixed Assets								168,966			168,966	157,771
	Current Assets								302,206		31,334	333,540	360,661
	Current Liabilities								(9,152)			(9,152)	(10,728)
	Fund Balance								462,020		31,334	493,354	507,704
10	Related party		transactions					and expenses - Trustees
												2023	2022
	Fees											f	f
	Gerald Sidery			(including				Lin Sidery)				49,650	43,564
												49,650	43,564
										Number	Number	Total	Total
	Expenses									2023	2022	2023f	2022 f
	Traveling		and subsistence
	Phone and internet						expenses
	The total	donations				made by the trustees			during	the year was f19,256 (2022		-f33,816)
11	Governance	costs:
												2023	2022
												f	f
	Independent			examiners				fees				1,650	2,050
	Salaries	&proportion					ofoverheads