| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 3 |
| Indepeadent Ezaminer's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 7 | to | 12 |
| Detailed Statement ofFinancial Activities | 13 |
| TRUSTEES | JELawrence | |
|---|---|---|
| N JSCampbell | y | |
| LGreen | ||
| PRINCIPAL ADDRESS | Light ofthe World Gospel Hall | |
| Gaythorne Road |
||
| Bradford | ||
| West Yorkshire | ||
| BD57ES | ||
| REGISTERED CHARITY | 701987 | |
| NUMBER | ||
| INDEPENDENT EXAMINER | KJA Kilner Johnson Ltd | |
| Network House | ||
| Stubs BeckLane | ||
| Cleckheaton | ||
| BD194TT | ||
| OTHER OFFICERS | Rev SC Sangster, Founder | |
| PNelson, Deaconess | ||
| KA Trought, Pastor | ||
| EA Smith, Elder |
| 2023 | 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| fund | fund | funds | funds | ||||||
| Notes | K | ||||||||
| INCOME | AND ENDOWMENTS | FROM | |||||||
| Donations | and legacies | 2 | 38,756 | 38,756 | 26,824 | ||||
| Charitable | activities | ||||||||
| Charitable | Activity | 6,965 | 6,965 | 1,310 | |||||
| Inveslment | income | 3 | 13,600 | 13,600 | 10,000 | ||||
| Total | 59,321 | 59,321 | 38,134 | ||||||
| EXPENDITURE | ON | ||||||||
| Raising funds | 4 | 2,586 | 2,586 | 1,688 | |||||
| Charitable | activities | ||||||||
| Charitable | Activity | 27,782 | 27,782 | 28,766 | |||||
| Other | 6 | 6,729 | 6,729 | 5,809 | |||||
| Total | 37,097 | 37,097 | 36,263 | ||||||
| NET INCOME | 22,224 | 22,224 | 1,871 | ||||||
| RECONCILIATION | OFFUNDS | ||||||||
| Total funds | brought | forward | 1,284,639 | 115,440 | 1,400,079 | 1,398,208 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,306,863 | 115,440 | 1,422,303 | 1,400,079 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| FIXEDASSETS | Notes | f | g | ||
| Tangible assets | 10 | 362,903 | 115,440 | 478,343 | 485,072 |
| CURRENT ASSETS | |||||
| Debtors | 11 | 215,117 | 215,117 | 209,344 | |
| Cash at bank and in hand | 731,815 | 731,815 | 708,551 | ||
| 946,932 | 946,932 | 917,895 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
12 | (2,972) | (2,972) | (2,888) | |
| NET CURRENT ASSETS | 943,960 | 943,960 | 915,007 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 1,306,863 | 115,440 | 1,422,303 | 1,400,079 | |
| NET ASSETS | 1,306,863 | 115,440 | 1,422,303 | 1,400,079 | |
| FUNDS | 13 | ||||
| Unrestricted funds |
1,306,863 | 1,284,639 | |||
| Restricted funds | 115,440 | 115,440 | |||
| TOTAL FUNDS | 1,422,303 | 1,400,079 |
| Notes to the Finaacial St for the Year Ended |
Notes to the Finaacial St for the Year Ended |
atements - continued 31March 2023 |
||||
|---|---|---|---|---|---|---|
| DONATIONS | AND LEGACIES | |||||
| 2023 | 2022 | |||||
| Donations | 38,756 | 26,824 | ||||
| 3. | INVESTMENT INCOME | |||||
| 2023 | 2022f | |||||
| Rents received | 13,600 | 10,000 | ||||
| 4. | RAISING FUNDS | |||||
| Raising donations | and legacies | |||||
| 2023 | 2022 | |||||
| Support costs | 2,586 | 1,688 | ||||
| 5. | CHARITABLE ACTIVITIES COSTS | |||||
| Direct | Support | |||||
| Costs | costs | Totals | ||||
| f | ||||||
| Charitable Activity |
27,472 | 310 | 27,782 | |||
| 6. | OTHER | |||||
| 2023 | 2022 | |||||
| Depreciation | 6,729 | 5,809 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Wages and salaries | 18,000 | 18,000 | |||||
| 18,000 | 18,000 | ||||||
| The average monthly | number ofemployees | during the year was as follows: | |||||
| 2023 | 2022 | ||||||
| Pastor | 1 | I | |||||
| No employees received |
emoluments | in excess of860,000. | |||||
| COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES | |||||||
| Unrestricted | Restricted | Total | |||||
| fund | fund | funds | |||||
| INCOME | AND ENDOWMENTS | FROM | |||||
| Donations | and legacies | 26,824 | 26,824 | ||||
| Charitable | activities | ||||||
| Charitable | Activity | 1,310 | 1,310 | ||||
| Investment | income | 10,000 | 10,000 | ||||
| Total | 38,134 | 38,134 | |||||
| EXPENDITURE ON | |||||||
| Raising funds | 1,688 | 1,688 | |||||
| Charitable | activities | ||||||
| Charitable | Activity | 28,766 | 28,766 | ||||
| Other | 5,809 | 5,809 | |||||
| Total | 36,263 | 36,263 | |||||
| NET INCOME | 1,871 | 1,871 | |||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds | brought forward | 1,282,768 | 115,440 | 1,398,208 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,284,639 | 115,440 | 1,400,079 |
| 10. | TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|---|
| Fixtures | |||||
| Freehold | and | Motor | |||
| property | fittings | vehicles | Totals | ||
| 8 | 8 | ||||
| COST | |||||
| At 1 April 2022 and 31March 2023 | 586,181 | 120481 | 13,000 | 719,462 | |
| DEPRECIATION | |||||
| At 1 April 2022 | 104,576 | 117,043 | 12,771 | 234,390 | |
| Charge for year | 5,862 | 810 | 57 | 6,729 | |
| At 31March 2023 | 110,438 | 117,853 | 12,828 | 241,119 | |
| NET BOOKVALUE | |||||
| At 31March 2023 | 475,743 | 2,428 | 172 | 478,343 | |
| At 31March 2022 | 481,605 | 3,238 | 229 | 485,072 | |
| 11. | DEBTORS | ||||
| 2023 | 2022 | ||||
| 8 | |||||
| Amounts falling due vvithm one year: |
|||||
| Other debtors | 7,928 | 6,840 | |||
| Prepayments | 1 | ||||
| 7,928 | 6,841 | ||||
| Amounts falling due atter more than one year: |
|||||
| Due from group undertakings | 207,189 | 202,503 | |||
| Aggregate amounts |
215,117 | 209,344 | |||
| 12. | CREDITORS: AMOUNTS FALLING DUE | WITHIN ONE | YEAR | ||
| 2023 | 2022 | ||||
| 8 | |||||
| Other creditors Accruals and deferred income |
1,200 1,772 |
1,200 1,688 |
|||
| 2,972 | 2,888 |
| Net | |||||||
|---|---|---|---|---|---|---|---|
| movement | At | ||||||
| At 1.4.22 | in funds | 31.3.23 f |
|||||
| Unrestricted | funds | ||||||
| General fund | 1,284,639 | 22,224 | 1,306,863 | ||||
| Restricted fuads | |||||||
| Restricted Fund | 115,440 | 115,440 | |||||
| TOTAL FUNDS | 1,400,079 | 22,224 | 1,422,303 | ||||
| Net movement | in funds, included | in the above | are as follows: | ||||
| Incoming | Resources | Movement | |||||
| resources g |
expended f |
in funds | |||||
| Unrestricted | funds | ||||||
| General fimd | 59,321 | (37,097) | 22,224 | ||||
| TOTAL FUNDS | 59,321 | (37,097) | 22@24 | ||||
| Comparatives | for movement | in | funds | ||||
| Net | |||||||
| movement | At | ||||||
| At 1.4.21 f |
in funds f |
31.3.22 | |||||
| Unrestricted | funds | ||||||
| General fund | 1,282,768 | 1,871 | 1484,639 | ||||
| Restricted funds |
|||||||
| Restricted Fund | 115,440 | 115,440 | |||||
| TOTAL FUNDS | 1,398,208 | 1,871 | 1,400,079 | ||||
| Comparative net movement |
in | funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | |||||
| resources | expended g |
in funds f |
|||||
| Unrestricted | funds | ||||||
| General fund | 38,134 | (36,263) | 1,871 | ||||
| TOTAL FUNDS | 38,134 | (36,263) | 1,871 |
| for the Year Ended 3 | 1March 2023 | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| K | ||||
| INCOME AND | ENDOWMENTS | |||
| Donations and legacies | ||||
| Donations | 38,756 | 26,824 | ||
| Investment income |
||||
| Rents received | 13,600 | 10,000 | ||
| Charitable activities |
||||
| Grants | 6,965 | 1,310 | ||
| Total incoming | resources | 59,321 | 38,134 | |
| Charitable activities |
||||
| Wages | 18,000 | 18,000 | ||
| Rates and water | 219 | 234 | ||
| Insurance | 2,401 | 3,713 | ||
| Light and heat | 3,748 | 2,119 | ||
| Telephone | 1,347 | 1,044 | ||
| Sundries | 1,757 | 3,334 | ||
| Donations | 110 | |||
| 27,472 | 28,554 | |||
| Other | ||||
| Freehold property | 5,862 | 4,547 | ||
| Fixtures and fittings | 810 | 1,079 | ||
| Motor vehicles | 57 | 183 | ||
| 6,729 | 5,809 | |||
| Support costs | ||||
| Finance | ||||
| Bank charges | 120 | 25 | ||
| Governance | costs | |||
| Accountancy | and legal fees | 2,776 | 1,875 | |
| Total resources | expended | 37,097 | 36,263 | |
| Net income | 22,224 | 1,871 |