| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 3 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 7 | to | 12 |
| Detailed Statement ofFinancial Activities | 13 | to | 14 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | |||||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 26,824 | 26,824 | 34,217 | |||
| Charitable | activities | ||||||
| Charitable | Activity | 1,310 | 1,310 | ||||
| Investment | income | 10,000 | 10,000 | ||||
| Other income | 30,000 | ||||||
| Total | 38,134 | 38,134 | 64,217 | ||||
| EXPENDITURE ON | |||||||
| Charitable | activities | ||||||
| Charitable | Activity | 28,766 | 28,766 | 44,728 | |||
| Other | 6 | 5,809 | 5,809 | 6,123 | |||
| Total | 34,575 | 34,575 | 50,851 | ||||
| NET INCOME | 3,559 | 3,559 | 13,366 | ||||
| RECONCILIATION | OFFUNDS | ||||||
| Total funds brought | forward | 1,282,768 | 115,440 | 1,398,208 | 1,384,842 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,286,327 | 115,440 | 1,401,767 | 1,398,208 |
| 31 | March 2022 | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||
| Notes | fund | fund 8 |
funds | fundsf | |
| FIXEDASSETS | |||||
| Tangible assets | 10 | 369,632 | 115,440 | 485,072 | 359,370 |
| CURRENT ASSETS | |||||
| Debtors | 11 | 209,344 | 209,344 | 206,454 | |
| Cash at bank and in hand | 708,551 | 708,551 | 835,192 | ||
| 917,895 | 917,895 | 1,041,646 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
12 | (2,888) | (2,888) | (2,808) | |
| NET CURRENT ASSETS | 915,007 | 915,007 | 1,038,838 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 1,284,639 | 115,440 | 1,400,079 | 1,398,208 | |
| NET ASSETS | 1,284,639 | 115,440 | 1,400,079 | 1,398,208 | |
| FUNDS | 13 | ||||
| Unrestricted funds |
1,284,639 | 1,282,768 | |||
| Restricted funds | 115,440 | 115,440 | |||
| TOTAL FUNDS | 1,400,079 | 1,398,208 |
| Notes to the Financial Sta for the Year Ended |
teruents - continued 31March 2022 |
|||||
|---|---|---|---|---|---|---|
| DONATIONS | AND LEGACIES | |||||
| 2022 | 2021 | |||||
| Donations | 26,824 | 27,363 | ||||
| Gift aid | 6,854 | |||||
| 26,824 | 34,217 | |||||
| 3. | INVESTMENT INCOME | |||||
| 2022 | 2021 | |||||
| E | ||||||
| Rents received | 10,000 | |||||
| 4. | OTHER | INCOME | ||||
| 2022 | 2021 | |||||
| f, | 8 | |||||
| Rental income | 30,000 | |||||
| 5. | CHARITABLE ACTIVITIES COSTS | |||||
| Direct | Support | |||||
| Costs | costs | Totals | ||||
| Charitable | Activity | 28,554 | 212 | 28,766 | ||
| 6. | OTHER | |||||
| 2022 | 2021 | |||||
| Depreciation | 5,809 | 6,123 |
| fo | r the Y | ear Ended 31March 2022 | ||||
|---|---|---|---|---|---|---|
| STAFF COSTS | ||||||
| 2022 | 2021 | |||||
| Wages and salaries | 18,000 | 18,391 | ||||
| 18,000 | 18,391 | |||||
| The average monthly | number ofemployees | during the year was as follows: | ||||
| 2022 | 2021 | |||||
| Pastor | 1 | 1 | ||||
| No employees received |
emoluments | in excess of660,000. | ||||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||||||
| Unrestricted | Restricted | Total | ||||
| fund | fund | funds | ||||
| E | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
34,217 | 34,217 | ||||
| Other income | 30,000 | 30,000 | ||||
| Total | 64,217 | 64,217 | ||||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Charitable Activity |
44,728 | 44,728 | ||||
| Other | 1,576 | 4,547 | 6,123 | |||
| Total | 46,304 | 4,547 | 50,851 | |||
| NET INCOME/(EXPENDITURE) | 17,913 | (4,547) | 13,366 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 1,264,855 | 119,987 | 1,384,842 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,282,768 | 115,440 | 1,398,208 |
| Fixtures | ||||||
|---|---|---|---|---|---|---|
| Freehold | and | Motor | ||||
| property | fittings | vehicles | Totals | |||
| COST | ||||||
| At 1 April 2021 | 454,670 | 120,281 | 13,000 | 587,951 | ||
| Additions | 131,511 | 131,511 | ||||
| At 31March 2022 | 586,181 | 120,281 | 13,000 | 719,462 | ||
| DEPRECIATION | ||||||
| At 1 April 2021 | 100,029 | 115,964 | 12,588 | 228,581 | ||
| Charge for year | 4,547 | 1,079 | 183 | 5,809 | ||
| At 31March 2022 | 104,576 | 117,043 | 12,771 | 234,390 | ||
| NET BOOK VALUE | ||||||
| At 31March 2022 | 481,605 | 3,238 | 229 | 485,072 | ||
| At 31March 2021 | 354,641 | 4,317 | 412 | 359,370 | ||
| 11. | DEBTORS | |||||
| 2022 | 2021 | |||||
| Amounts falling due within |
one year: | |||||
| Other debtors | 6,840 | 6,840 | ||||
| Prepayments | 1 | 1,216 | ||||
| 6,841 | 8,056 | |||||
| Amounts falling due after more than one year: |
||||||
| Due f'rom group undertakings | 202,503 | 198,398 | ||||
| Aggregate amounts |
209,344 | 206,454 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN | ONE YEAR | |
|---|---|---|
| 2022 | 2021 | |
| Other creditors | 1,200 | 1,200 |
| Accruals and deferred income | 1,608 | 1,608 |
| Accrued expenses | 80 | |
| 2,888 | 2,808 |
| MOVEMENT | IN FUNDS | |||||
|---|---|---|---|---|---|---|
| Net | ||||||
| movement | At | |||||
| At 1.4.21 | in funds | 31.3.22 | ||||
| Unrestricted | funds | |||||
| General fund | 1,282,768 | 1,871 | 1,284,639 | |||
| Restricted funds | ||||||
| Restricted Fund | 115,440 | 115,440 | ||||
| TOTAL FUNDS | 1,398,208 | 1,871 | 1,400,079 | |||
| Net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted | funds | |||||
| General fund | 38,134 | (36,263) | 1,871 | |||
| TOTAL FUNDS | 38,134 | (36,263) | 1,871 | |||
| Comparatives | for movement | in | funds | |||
| Net | ||||||
| movement | At | |||||
| At 1.4.20 | in funds | 31.3.21 | ||||
| Unrestricted | funds | |||||
| General fund | 1,264,855 | 17,913 | 1,282,768 | |||
| Restricted funds |
||||||
| Restricted Fund | 119,987 | (4,547) | 115,440 | |||
| TOTAL FUNDS | 1,384,842 | 13,366 | 1,398,208 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 64,217 | (46,304) | 17,913 |
| Restricted funds |
|||
| Restricted Fund | (4,547) | (4,547) | |
| TOTAL FUNDS | 64,217 | (50,851) | 13,366 |
| Light ofthe World Gospel Hall Community Church |
|||||
|---|---|---|---|---|---|
| Detailed Statement ofFinancial Activities | |||||
| for the Year Ended 31March 2022 | |||||
| 2022 | 2021 | ||||
| INCOME AND ENDOWMENTS | |||||
| Donations and |
legacies | ||||
| Donations | 26,824 | 27,363 | |||
| Gift aid | 6,854 | ||||
| 26,824 | 34,217 | ||||
| Investment income |
|||||
| Rents received | 10,000 | ||||
| Charitable activities |
|||||
| Grants | 1,310 | ||||
| Other income | |||||
| Rental income | 30,000 | ||||
| Total incoming | resources | 38,134 | 64,217 | ||
| EXPENDITURE | |||||
| Charitable activities |
|||||
| Wages | 18,000 | 18,391 | |||
| Rates and water | 234 | 144 | |||
| Insurance | 3,713 | 2,242 | |||
| Light and heat | 2,119 | 1,271 | |||
| Telephone | 1,044 | 474 | |||
| Sundries | 3,334 | 100 | |||
| Mission expenses | —food | 53 | |||
| Donations | 110 | 120 | |||
| Motor expenses | 139 | ||||
| Grants to institutions | 20,000 | ||||
| 28,554 | 42,934 | ||||
| Other | |||||
| Freehold property | 4,547 | 4,547 | |||
| Fixtures and fittings | 1,079 | 1,439 | |||
| Motor vehicles | 183 | 137 | |||
| 5,809 | 6,123 | ||||
| Support costs | |||||
| Finance | |||||
| Bank charges | 25 | ||||
| Governance | costs | ||||
| Accountancy | and legal fees | 187 | 1,794 |
| 2022 | 2021 |
|---|---|
| 0 | |
| 34,575 | 50,851 |
| 3,559 | 13,366 |