JOURNEY COMMUNITY CHURCH ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 315t AUGUST 2022 Company Registrdtion Ni urnbtr: N1619075 Chariti Regislraiioa Nurnber: %ICI(K16311
AfiNUALREPORT AND FINAPICIAL STATEIE,Ts FOR THE YEAR ETr'DED 31st AbGLST2022 CONTENTS Pages Report of theTrust¢es Independent ExamineTS Report Staltment of Financial Adivities (ittorFmiing aNI exF¢ndilure accoimt} Starnenl of Financial P()silIoa1afft¢t Sheet N'otrs io the financial siaiements 9-15
JOURNEY COMMUNITY CHURCH REPORT OF THE DIRECTORS (INCORPORATING TRLSTEES, REPORT} The Direciors (who art also ihe tmstees) are pled io preseni their annual re logethcr with the financial Slalcments of Ihe chariiy for ihe )'ear ending 31st Augu 20?? which are prepared io m¢ei the requiremenis for a dir¢clOT5' T¢POrt and atcounls for Companies Act PUTP05es. The diOrS hai'e ad0ed ihe proisions of the Companies Ad 2006 and Accouniing and Rewning b)" Charili¢s.' Staiemeni olRecommended Praclice applicable lo charities preparing ac¢ounis in accordance wilh the Financial R¢porting Sthndard applicable ifb th¢ and Republi of Ireland (Chariiie5 SORP- FRS102k in preparing the anm]al rep(wt and financial SeMents o(th¢ ehariiy. Reftrtnee and admini5traiive detai R¢gisiered chariiy name.. Journey Communiry Church Charity Commission regi51rdtion number. NICIIYJ630 HMRC chaTltY refeTencv. NI(IM08 Company r¢gisiraiion number: Principal oific¢ and regisiered offic<. N'161W75 i Orchard Close Antrhm. BT414R2 DirectOT5 and Trustee5 of tbe Company The direc(or5 who held office during the year er¢ as follows-. Posior l. Ashe Mrs. R. Ashe Ms. C. NlcKee MT. l. Somer¥ill¢ (Chairnan) Strudure governance and managemtDI Journey Comrryuniiy Church wa5 inc(YFtr&¢d J? Th June 2013. 11 iseurrenily ma¥Jag¢d by thetrustee5and all decisions are passed by a majority ye * their Tegulartruste¢ meding5. The Company is a charity limiied by guardniee WlthO shaT¢ rnpittl which avails of th¢-Limiied-' exempiion. The ompany is soverned b) its Memordndum and Articles of A$sla[70. In ihetheni ofihe Compan). being wound up Membe aT¢ required io conthbute an amount noi ¢xtt¢ding £1. The Board is n$1ble for iheoverall governan¢¢ of the Cornpany and is aaivel) involbed in the day lo day managemeni of the organisaiion. Direaors are appointed in line wilh the %l¢morn)dum & Articl¢s orAssoci10 of the tompany. The Board of DiLOr5 are also known as Trustees foriht purposts of ihechariry Commission. Risk management The trustees hai'¢ a55essed ihe major ri5k5 to which Ihe CortLpany is eiwsed. in particular Ihose Telaknl io the op¢rnliffis and finances of the Company. a1 aTe salL5fied th& s>sms aT¢ ID place lo tnitigale ihe exposure to major risks. Risk5 ideniified.such a5 the financial liability and susiairtability ofihe charitsblecompaThy. have be£n reviewed to ensure ihat a leyel of funding is mainiairted lh* is nectsr>. for the thaT1b]e compartN (o coniinue io meei its objecileS. Iniernal risks are minimis¢d b! Ihe implementhiion of compan> w>lici¢5 such 35 th¢ poli¢y on financial eonirols Nvhich require ihe athhorisaiion of all tsansadLons ai the regular trusitt m¢dings and segregaiion of duiie5 vJh¢r¢ w55ible. The direuors have condua¢d a review of the major risk's io hICh ihe chariry is ¢¥posed. Financial risk is review¢d on a mth)Ihly basis havirtgdue regard lo ongoing irfotne and ¢xpense
JOLRNEY CoMluN1T¥ CHURCH REPORT OF THE DIRECTORS (I%CORPORATING TRLSTEES. REPORT) Coniinutd Objectiles and A¢li%ilie5 (and the) dtliyer public benefit) The ChuTch's objecis and PUTPOS¢ are 5pecifiullv restricied the womrtion ar¥A advancemeni of the ChTislian faiih. Ihi advanccm¢nt ofeducatii)n. the Telief of N)verts. sickn¢5s. hardship Jnd distress ihe proTnoiith of ihe kn¢fil ol. lh¢ inhabilants in lh¢ .4nlriffl ar¢a of Xothern ITeland primaTiI! and in an!, oiher parn of the world as ihe dir¢ciors ma). Ihink fit (-hereiThafier called iht -area of benefil") iliihwi dis(inciion of age. gen¢kr. di5abilitylabiliiy. ra¢e. eihni¢ origin. wlilical, Teligi(MhS OT Other opiftion with the objeciive of irnproving the conditions of life for th¢ said inhabiiapls and in porticular. (a) To advance ihe Christian Iiiih and prornoie chri51i8nil)' In such wTys and in such areas as ihe DiredOTS from lime to time ma). thiThk fil. atld in panitulaT bui ¢xclusii'el% through the proyisim of pr¢achin& the distribuiion of Chrislian liieraiure and ihe educati( of p¢opl¢ in the area of ner11 through evang¢lisrn and the Provision of biblic&llN bad i¢aching. dis¢hpleship traiThin& meelin85. bibl¢ siudies and YKial adl<ies- (b) To Irdin Leaders and aThJ volut)trcrs 50 thai tlw may worf( on projects wtsmied by ihe in ihe area of b¢nefil: (¢) To irdin chst7&n5 so ihai they m2> seek io planL churche5 and io e[Tage rmv. and str¢ngiheTh existing, paTMerthlP511h ¢hur¢hLs and thang¢lical groups in Lhe areaof b¢nefil: (d) To relitve 5ickne5s and finanual hardship Ind to promote and W¢se to(xl h¢alth by the provision of fund gc5 w seTrice5 of an!. kiDd. inclyding through ihe proi ision of iJ)uns¢11ins and YLPWrt in area of Fnefi( as the Direciots ma!. from li io lime may ihink fiL The Company is a non-profii mak'ing cniiiy. Th¢ prirtcipal aaii'ii) of the c()fflpany 15 thai of an evang¢li¢al ommuniry chuTth which is r¢8Lered ac¢oTdirg to the law of Xorth¢m Irelatxl io adi'aTh iht Chrjstian faiih. JouThLey Communiiv Church holds we¢kl) SuNlay mornins woyship smi¢es aTrJ a morthlv evening seryic¢. It also fariliL11¢5 r¢gular futs eben¢s and outrt3¢h WOTk which irKluths a holida> bible club. sp)n5 academ> and VaTiOUS enino activiiie5. There 15 noeniTh f¢e Charg foT ap> of the tharitie5 aCtiilics and these 3re pritnarilj held within the curtilase5 of Aninm aThJ tknwnp3tri¢k ttTrwns to b¢rtefLi ih¢se commuThiiieg and womoie th¢ underl>'ing principl¢s of the Christian faith. Public Benefrt loiirney Cemmunil) Church strives Eo enSUT¢thw ih¢y pmid¢ public ben¢fiL Public ben¢fii is a¢the hean of what li m¢an5 tobe a¢harii>'. To aihLi%e this objedive, Jiwm£y Community Chwth meets th¢ followi putposes: PUrp¥e lal- The direct benefit from ihis puqw is the 5xoiision of instyuctson atLd encourag¢meDi on livirtg a moral and laiN abiding lifviille. The Ix'nefLi will be demotLstraied by ihe gTowth of atiepdanct and throush fttdback friyn benefLarit5 via comments on xKial rtLedii ¢mails 10 the chuKh and pa510T. i"¢rbal approbaiion fTOm communiiy represenialie$ and positive feedback from lrfal rouncil and furtding trfNJies. To our knoM"ledge this puw Mill noi lead kn an¥ harm bw if such occurs li thill b¢ far ouiweighed bv the knefii. The beneficiarics ar¢ Tegular aitendees of JourTy Community. Church laduli childr¢n and ih¢ aged) and inhabitsnis of ihe ADirim and Dwmpatrick ar¢a5 and all otheFS who wish wr Il'¢ haie idcnlificd no wii"al¢ ben¢fil tlowing from Ihis purpose. Purwise (bl_ Th¢ direct ben¢fii from this puypose Is tbai ikne attending Jny of OUT seryice5 or ¢vcnts will k abl¢ 10 alail of help, support and assisuince from well-ITain¢dptoplc <11 ableto mcd th¢iT PrnCIiC31, wnoiional and 5PITltual nLYds. This IK'Dcfii will be demonstraied by the abilii) ofthose wained 10 be able io eff¢cijvel)' as5um¢ positlOll5 of leadership and rt5ponsibiljlv and thai thL' public will aidcd aNI proted. R¢c(xds uill exist as piwple comple1¢ irnining in ar¢as such as child proieeiLon and l¢aJ¢rsh>p dL*'clopiiieni. To ourk]K>l¢dgC this PUrse %4ill tx)i lead to any kna if 5u¢h rt¢urs it thill b¢ far ouiweighal b) sli¢ bea¢fil. The bcneficiaTies are those being traisJ¢d bur also
JOURNEY COMMUN'ITY CHURCH REPORT OF THE DIRECtORS (IJCORPORATING TRISTEES. REPORT) Continu¢d the wider public (adults and ¢hildr¢n) 4,ho M'ill bcnefit from the aiailabilii) of irain¢d persons ai OUT regiular meeiin8S and lar¥ie public eN¢nts. Priiale benefit from this puwse mav be Ihai iraiDing proiided may algo b¢of use outside of Ihe ch11> situation bui this 15 incidenul. Purpose (¢)- The direct b¢nefii fTom this purpose 15 the WIXnlOn of good relaiion5 with her similar orgian110ns and lh¢ strtngihening of partneTships io conlribuie io and w into a larger wealth of experience and skills 1[h hICh to assisi ihe Communi.. In irainine membets to plani churches ¢ yill prol'ide nem opportvniiies for advane¢meni of moral standards. This benefit %%ill be demonsirdied b) the planiing of other chuTch¢5 and b). gd Telations and co-operaiion with other chuTche5 aThd gTOUPS. To k[K)ledge this purt)se will noi lead anv hann bui if such OCCUTS li will (aT oulmeithed b!" the "ne(lI. The beneficiarie5 are local. naiional and mulii-national individuals. communiiies and oTgani5aiions. There maj be sliohi benefii %)mt reling to resources now aiailable io them ihrough charit) conttcts. bui this is Iidenl. Purp (d) . Direa benefit from this purp)se is the *¢lfare and well-being of the public will be enhanced and improied by seTh'ices profvided by the charli).. For txample. frtt ei'ersls which enable thoK in financial difficulty ¢0 atl¢nd, givea2> of hampeys ai chri5ttll. ihe irllended ¢stsblishmenL of a TegulaT pra)ericounselling ser¥i¢e. The fulurt ¢siablishment of a hardship fund w help those in need. Benefii demoned bi rUlarl) held free public twents, endorsed and pan funded bi local £(wncil. laTg¢ qWllitie9 of prolS1OnS dIrIbU1¢d via Christmas hampers. positive fttdback from bentficL2ti¢S bla yxial medi4 b). e5Dail and lerbal approbaiiort. We have b¢¢n unable io identify. an) harrn flowing fTOtn thisbenefit. Who isthebenefii forgThebcnefi¢i3riesar¢ primarily adultsartd children in ihe AniTLm area and surrounding i0MS bul 1¢ is probableihai w)ple from fufthcr a-field M'ill also &islt io a3$1 of our ebents and service& as Ihert are no geotraphical Tesiridions. Prii'ate ItfIT mas OCCUT during training N4her¢b)' the ptT500 may awail of counselling 5mif¢5 themsel¢5 duting tht VainLng esS bul this bcnefil is incidenul and ntce55ary to piopeflJ eguip the per50n beino irained. Financial rDi¢w and lunds poli The cotnpan) is a Th?n profil makins enist). lh¢ vear th¢ charity r¢ceiNed inrome wtslling £495J)O artd had ¢xpendiiuT¢ of £498.193. Tecording a small deficii of .86) for lh¢ !"eaf. The dircaors expect iht charit>. to report an overall surplus in the incomsThg >ear. Coming out of covid lockdothffts th¢ church was able ioeofflinuEto lId wmmunity and Ytach those in nttd. The principal fijnding swrce of Joumey Cornmuniry Church is from frttm'ill offerinss giv¢n at church services and by online giving. The diredors ¢onsideT li prudenr hold monies in re%Tre in the e¥em that UnfO5n Circums¢¢S nLav arise th could Itad to financial di1£IlIeS thhich might w SE5 fuiure inio jeoptrd%. ..11 ihe )ear end lh¢ cb3rii) had £4?.757 of cash funds io meei the conisnu5ng running costs ol the compan>. Thc ditecwrs hai'l eKamin¢d ihc ch3r1 s requiTeTnents for reserves tsking into accouni the fisk5 thai tho ha%e recognised. Th¢ re5ernes polic) requires thai reser¥£s art snainuined aL a I¢e1 which enSUTeS lh¢ core aaiiity of umllpan) could conlinue duting a period of unfores¢cn difficuliy. The compan) plan5 10 coniinue acLiTriiies in the fofihcoming lears.
J()URIEI' CONIIILIINITY CIILRCH
RF.POKT OF TIIE I)IRECTOILS (INCORPOR.ITING TRISTEES. REPORTI Continued
Trunds held 15 custodian truslee on behalf of otFLtr5
IhL charil) does noi hold an) lunils on bL"half of oth¢rs.
Sniall Companies pro%i5iOlI Stattment
This ieport ha b¢¢n prepared in (ordanCe iih ihe specrdl provisions relating to companies subject io the Small
companics re!Trim¢ Miihin Part IS of ihe CompaniL% Aci ?(K)6.
StatEmtDI of dirt¢tors' responsibili15
The direuors{who ethe iTUSttt5 of lourne). CImnmuni Church) are r¢s51b1¢ for preparing the dire¢iors' retx)rt
and Iht financial sts1
INDEPEYDEfT EXAMifER'S REPORT TO THE MEMBERS OF JOURh'ETr' COMMUN'ITY C'HURCH I report on Ihe accounts of ihe company for ihe year ended ) 1st Auoust ?0?? Ivhich are set oui on paTres 7 to 15. Rispective responsibilities of trustte5 and examiner The iru5tee5 (Ivho are also the director5 of the compan) for the purtM)ses of compan) law) are responsible for Ihc prepaTalion of the accounis. Th¢ tTusl¢¢s consider that an audil is noi rLquired for this year undcr section 6il?l of Ihe Chari(ies Act {Nonhern Ireland) ?008 (Ihe Charities Acl) and iha( an independeni examination is ne¢ded. The chariiy is requiTed b) companv law 10 PTepare accrued accounts and l am qualified to undertake the examinaiion by beingT a member of the lThstitute of Financial Accountants. Having satisfied mNself thai the chariry is noi subject to audit under company law and is eligible for inde[Trdent exarninaiion. it is m) r¢spon5ibhlily 10: ¢xamine ihe accounts under seciion 65 of the Charities Act follow the procedur¢s laid down in ihe ueneral DirecTions given by ihe Chariry CommissÉon for Northem 5TLlapd under section 6519Xb) of (he Chariiies Aci sthie whether particular mallers have come io my alleniion. Basis of independent exarniner's report I have examined your chariry aceounts as required under se¢iion 65 of ihe Chariiies Aci and m), txamsnaiion was ca1ed out in accoTd3n¢e with the general diTeciions given by ihe Charity Commission for Nonhern Ireland under seciion 65 (91 of the Charitie5 Act. The eknqminaii¢)n included a review of ihe accounting records kepi b) lh¢ charity and a ¢ompari50n of ihe accounts wesenied 1th those records. ll also included eon5iderdtion of any unusual i(em5 or di5clostsres in the accounts. and seekins explanaiions from you as charii), tsusi¢e5 concerning any such matters. My role is to stale M.hether any malerial Tnatters have come to my attention giving m¢ cause to believ¢= The a¢¢ounting records were noi kerA as required by section 63 of the Charithes A 2. Thai the accounts do a¢d wilh those accounting records 3. the aecounts do not comply with the accounting requir¢m¢nts of th¢ Companies Act 2006 and wilh the meihods and PTinciplcs olihe Chariiies Siaiemenl of Rtcommended Practice applicable io Charities pParIng iheir aceounis in a¢¢ordance "7(h the Financial ReportinLTr Siandard applicable in ihe UK and Republic of Ir¢land. 4. there is fuTth¢r infomiaiion needed for a proper understandit)g of the accounts to be rhed. Indeptnd¢nt e%ambNer's statement I hav¢ ¢omplaed ats ind¢pendeni eNamin*ion and have no eoncems in respect of matiers (l) to (41 aknv¢. and in cunneciion ¥th followinsihe dir¢diofts of ihe Charity Commission forNoffhem Ir¢larhd. I have found no matters Ihai require drawing to your aiiention. Mr 13n Johnston IA.F.A.) For and on khalf ufstevens and Wilson Chart¢red ACCnt5 JO Broadway AYeThue Ballymena BT43 7AA Dale 30ih May 20?3
JOLIRNEY COIIIILN'ITI, CIIL,RCH ST ATEMENT OF FII'APICIAL ACTIVITIES lTriCORPORATIIG IYCOIIE AfD EXPFNDITURE ACCOUNT FOR THE YEAR ENDED3151 ALGUST ?0?! Unr¢51ricted Funds R¢slricied Funds Endowment Funds Total Total 2022 1022 ?0?? 2022 In¢omin% resources No Donalions Teceied Oiher income 347J63 723 147 ?44 494,607 i76.739 Toial income 348,086 147 •44 49?J30 386. j? I Resources Èxpended.. 49&193 )?6,?06 Chariiable acii%iiies 30L475 195.718 j26.?06 Tot31 exptnditu 30?.475 194,718 498,193 Net irt¢omel(txp¢ndiiur¢) befoTe Iransler5 4S611 {4&4741 {2,8631 Transfers bttween fund5 (39.W) 39533 Net moi¢ment tn (unds 6,078 18,9411 12,8631 60.i15 Reeonciliation offuDds: 351200 ?8J.885 Totsl fllnd5 brought foTh8rd I7.01 341J37 j44.?00 Tolal fond5 tarritd forv•*rd 19??) Th¢ sM¢meni of artiviiie5 in¢ludes all gains and lossts recogni5ed in the )"ear. All irt£ome and exp¢ndiiurt derives (Tom wniinuing aciivjtiek The notesffi p3ge$ 9 io 15 fomi pan ofthese financial stati¢1$
J()L;RNEY CONINIL'NITI, CIILRCH ST ATEMEN'T OF FINANCIAL POSITiofi l BALAliCE SHEET AS AT 3151 AUGb.ST ?022 Nole 2022 20?1 Filed ?s5els Tangible fixed asse15 Inidngiible fixed asse(s Tolal fixed assets 32$.6 391,057 391.057 Current assets Debiors Cash ai bank Total current assets 31.711 11.499 5.0?0 16.519 84.498 Crediiors- amounts fallhn" . due within one y Total ¢rtditor5 68,997 48,i76 48.i76 Net currenl 85Stts1(liabilhtie5) 1)1.8571 Total a55e15 le55 turrent liabilitie5 341J37 i59,21 Creditors- amounts falling due after one )'ear {15.(MV)I Tolal nel ass¢13 341J37 Unrestricted funds G¢nenl funds Tolal unrtstricted (unds Re5tricttd fndS Endommertt funds Total ¢haritv funds (9291 19•21 312359 {7.OWI 17.0001 13 341J37 Tlie financial siaitmenis hai'e been prepar¢d in accon4ance Mith ihe PTovisions applicable to companies subjetl to the small rompani¢s' regime under Thc Cotnpanits Aci ?006 at 1Th Chariii¢s SORP-FRSIO? tes 9 to li are an iniegrdl p3rt of ihe5¢ financial swern¢nts. Th¢ notes on pa¥ Th¢ financial st*ements on pagcs 7 to 15 M'ere approved bv the B¢)ard of TTu4¢es on Joth May ?O?i and sisned on 115 khallbN- Pastor John Ash¢ Ms Catherin¢ M¢Kee Date 31hh May 20?3 The noll on paoes9 10 15 form pan of ihesc fiDancial sthiments
JOURYEY COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR Eh'DEDJlsl AUGUST ?022 l. Company information The Company is limiled by guarantee and 15 Incorpordled in Northern Ireland. The address ofih¢ regiislcrcd office is i Orchard Close, Anirirn. BT41 ?RZ. The financial Sthlemenls i%ere auihori5ed for issue b) the Board on ioih Maj. ?0?3. 2. A¢counling politi¢s The principal a¢couniin(t 71¢1¢5 adopied. judtiLments and kej. sources of esiimaiion uncertainry ip the pr¢pard(ion of ihc financial 5tatem¢nts are as follows: Basis of preparation The financial siaiements have been prepared a going conc¢rn b1$ in accordance with Accounting and Reponing by Chariiies.. Sialemeni of Recommended Praciice applicable 10 ch3ri1ies preparino their accounts in accordance wilh ihe Fin3nrial RertIn StatKlard applicable ITh the UK and Republic of Iieland IFRS 102) (Charitiks SORP IFRS 10?)). Ihc FiTsancial Reportint Sthndard applicable in Ihe UK and Republic of Ireland (FRS 10?) and the CoTnp6nies Aci ?006. The charity Th¢et5 ¢he deflriition of a public benefit entity under FRS 102. Assets and liabililies are initially recognised at hi51orical eosi aThd trdnsaction value unless otherwise Stated in the relevant accounting policy noie(s). Preparation of accoutlts on 3 going concern basis The charity generally meets ils day io day working fdpital requirements from irs annual income. The Trusiees hale obiaintd and r¢vioed ta5h flow forecasts for the coming year and based on these ar¢ satisfied that the harity has resources io provide a reasonable expectsiion thai it can continue 10 meei its financial obl18170nS as ihe). fall due forthe foreseeable fuiur¢. Theref¢ these fmancial sN¢meThts have been prepared on agoing oneern b&si5. Itlcoming rrfour¢¢s Dofiaiio¢)s received corrlpriscs all cash receivable for the accounting tncluding any relaied tax Te¢overabl¢ under Gift Aid. Resourtes expended Re50urres ¢xpended are r¢¢ognised in the Period irt which they are in¢urred. ChaTitable expenditure cOMpri$thse cost5 Incurr bythecharity inihedeliv¢ryof its acllvltiesand Services io its beneficiaries. li includ¢5 1h eosis ihat ¢an be allocaied diTeali' 10 such aaiviiies and ih05e ¢os¢s oran indirect naiure neccss7ry to support thcm. TaBgible assets The thngible ass5 of the clwiry compTi5e ofequipmeni and building5. Equipmeni is depreciaied a rdie cal¢uled to reduce it to rtsidual value ai the cnd of its expected nornial life on a reducing balance basi5 at a rnie Of?/ FeT ajirium. Buildings is d¢pla1¢d ai a rnie ¢alculaied lo r¢duce it io residual value at the end of its lease on a siraight lin¢ balance basis ai a rdie of ?/0 rKrannum.
JOURNEY COMMUNITY CHURCH r40TESTOTHE FINANCIALSTATEMEYI TSFOR THE YEAR EIl'DED3151 AUGUST20?2{continued) Ac¢ounlinE polirie5 (Continued) The &5sets' regidual values and useful liv¢5 are reviewed. and &Jjusted. if appropria. at ihe end of each reponing periryl. The elyeci of any chaftg¢ is accounted for wospeciively. Tanoible asse15 are deiecoonised OTh disposal or ihen no flliuTe ¢¢onomi¢ benefits are expecied. On disposal, the differ¥nce between the ne disposal pr(xeeds and ihe carrying amouni is recognised in the Stsi¢m¢ni of financial acii¥ilies and included iTh-other operdiing gain&'llosses)" Caskn and tash equivalent5 Cash and cash equivalenls includes cash in hand. detxTrsits held ai call with banks. other short-ierm highly liquid inveslments with original muTiti¢5 of thrtt months or less and bank overdtafts. Financial instrnments The charity only has financial assets and financial lilbiliiies of a kind thai qualify % basic financial in5tNments. Basic finarscial instruments are iThiiialty Tecognisd ai (ran]0 price and subsequenily measured at their settlement value. Fthnds Funds are clas5ifi¢d 45 either 4mreyricied fun¢i& $Ied etLth)WrtL fun d¢fined as follow5. Unresiria¢d fund5 &e expendable ai the disc10 of the trUee5 in fUrther0e of the obieets of th¢ charity. If part5 of ihe unreyricied funds are earniaTked at ihe discretion of the ¢rustees for a partTrcular purrxb, they are desiJ&td &8 a syrdie fund. This des1oall0 ha5 an admiDiSIAtiv¢ only al does legally resrri¢ithe trustres distteiion io apply the fund. RestTicied funds a funds subj¢ci io specific Nusrernenis as io their use which maN' be declarcd . th¢ donor or their authoriT) or Created throuJo Iyjal pro¢essc& but slhll %%ithin the lder Obje of the charity- Endowment funds aT¢ funds hl¢h have been given on ihe condilLOfi thw the original Capital sum is not reduced.lyJ¢ihe inc(neiher¢ from 15 usedforthe purtthedeflnedin ac¢ordancewiihiheobjects of the charity. Crliiul ateounting judgern¢Dts and otinstlOD Iiiie¢rtAinty Esiirnat¢s and Judents mwk iD ihe PTrfess of prepariNo the financial stsi•nenis are continuall!, evaluated and ar¢ based on hislorieal ¢xperienc¢ thh¢r fauors, including exrKftions ol fuDJre events ihal are believed io be reasonable urtder Ihe cirfumsiances. The Trusitts do Doi consid¢r th there are an) Critical judgrnents rfiade in applsin" the CoEnkMn%'s a¢¢ouniing p)licie5 or thai there are CTiiical accountitss ¢siimai¢s or a5sumplions h1£h mai hawe a si?nificant risk of causing a maierial adjusmieni io carying amounts of and liabiliihe5 wiihin the nexi finwKial y. io
JOLRNEI, CONIMbJlTY CHLIRCH N'OTESTOTHE FIYANCIALSTATE%1EPiTS FOR THE YEAR EIDED3151AUGUST207? 3. Donalion5 receii'ed lconlinutd) Unresiricled Funds Reslri¢led Funds Endommenl Funds Total Toial 2021 202? 202 20•2 ?o?I General donaiioDs Tax recovered on donaiions Mission5. Youih &. OutTeach F¢51i%al income Courk" income stan-Suprt Teceipt5 Building fund GrJni fundini WeSeTh¥ reltnbursemeni ?43,12 41.851 243 512 lJ23 78,000 44Ji9 171.JJO 9.47? ?8.IHNJ 44J59 18.76 21.578 6,305 61,617 6.410 ?7.7WI 6,410 ?7.780 52,OIKI 52,1 46 347J63 147244 494,607 i76.7)9 4. Other intomt Unrestricted Funds Resiri¢ied Funds Endowment Funds Totsl Total 022 ?02? 7072 •0•? ?021 Inieresi received Other income 1?9 9.653 721 722
JOURNEY COMMUNITY CHURCH NOTESTOTHEFINANCIALSTATEMENTS FOR THE YEAR ENDED31st AUGUST2022{¢ontinued) S. Anal)5is of expenditure Unrestricied Funds Restricted Funds Endowment FndS Total Totsl 2022 2022 2022 2022 ?021 Charilable activities Wages and salaries Mission, Youth & Ouireach Weserve eosts Fesiiwal costs Course Cosis Running cos(s R¢paiYs & computer eXt*nses Trdwel expenses Deprttiation Governance costs (hher expenses 127.495 5247 14,056 30.408 141,551 35,655 116.519 ??.363 5.919 21J.768 44J59 12,497 11.874 6S.127 12,497 96,723 12372 14339 82.524 16,169 21,136 84J49 12572 14239 72,357 7,989 4.889 58.8?0 82524 16,169 21.136 11,946 302,475 19i,718 49&193 j26,?06 6. Taxation The charity is recogni5ed as a ch3Tity for the purposes of applicable t&xaiioTh legislatity) and is th¢r¢fore n subjecl to tsxaiion on lis eharithble aciiwhiies. 7. Analysis of staff c051s tnistee rtMUneratll ¥nd eIpeMse& and the rost ofkey managemtDt personnel Employee5 20?2 Salaries and Mages 141551 Tothl 141.551 116.519
JOURN'EY COMMUNITY CHURCH
NOTESTOTHE FIINANCIALSTATEMENTS FOR THE YEAR ENDED315tAUGUST2022 (coniinutd)
The average number of employees during ihe year. was as follows..
?022
Number
Number
Direciors
Others
10
There are no employees in receipt of ernployee benefjts in excess of £60.1)00.
Durin
OLRN'EY COMIILiSlTY CIILRCH OTESTOTHE FINANcIALSTATEIEN'Ts FOR THE YEAR EIDED31sl ALGUST?022l¢onlinuedl 10. Creditor5 Amount5 Due Miihin l Year ?021 Bank oN'erdrdfi CTLdiior5 her creditor5 Loan5 AccTuals 17,857 3,448 1.759 7.000 18.jl? 12.901 37.)71 6&997 48.376 11. Creditor5 Amounts Due afier l Ytar ?0?2 2021 Loans 15.000 15.000 Analvsis ol Net Assets bnrtsiri¢i¢d bnrt5tri¢ted Getttral Dtsignated Reslri¢t¢d Endowment Total Fsx¢d a55¢ts Current a55e15 cuent liabiliii¢s Crediior5 due afier one year j?5.836 3?5.836 84.498 168.9971 5i.O75 153.997; {1S.(NK)I Ytt a55tts at 31st Au%ust 2022 9?? 342.?59 34lJ37 14
IRNEY CONINlliNITY CHURCH IESTOTHE FINANCIALSTATEIIENTS FOR THE YEAREIDED31sl AUGliST207I Iconlinuedl Fund5 of the Company Al 151 Seplember !o?I Ai31sl Augusl 20?2 Income Expenditure Transfers Endomment funds Restricted fund5 Mission. Youth & Ouire¥h Festii'al Buildin Courses Staff Support (JO.408) (44.i59) {8? j?41 44.i59 i4,050 )4? ?59 7.)04 (7.)OJ) (195.718) i9,533 i42.259 L'nrestricted funds General fund IJO?.475) {iO?.47i) {i9.5))1 (i9.5JJl 17.(KK)I A8.086 Total lund5 495J30 (49&1931 341J37 Purposes of Re51ri¢ttd Funds Mission. Youth &. Ouirea¢h fund: This is a lund to be used iowards mission. vouth a[ outreach expenses. Fesii¥al fund.. This is a fund to be used LOardS (tL¥al costs. Siafysupport fund.. This is a fund io be used iowards SLltf costs. Building lund.. This is a fund io be used iomards nem buildinTr costs. CouT5e5 tund.. This is a fund iok u5edtOWaTds ¢i>urses ¢osts. 14. Related rt) Irats$2¢tions Durin? the year. Mr Ashe art¢d as the Chutth addition io his wbition as a I51¢¢. His Pastor's tmolumtlits from the Compan) was £40.7511•0?I: £i7.4171. NoothLYdirttiofS rrfei%ed an) rerr5untrdtion durin¥ the )ear. IS. ControlliDg PArty During the )tar Joun. Communi. ChuT¢h Mas under the tontrol of the TDJStees (who aTe also ihe direcioTS).