Page 10 House Church Limited Company Llmlted by Guarantee Statement of Financial Activities (Including income and expenditure account) Year ended 31 May 2023 2023 Restricted funds Total funds Total funds 2022 Unrestricted funds Income and endowments Donations and legacles Other Iradlng acllvitles Investment income Other Income 303.846 321,587 31,900 4,694 106,301 410,147 321,587 31,900 4,694 768,328 436,014 288,700 23,850 16,052 764,616 Total Incoma 662,027 106,301 Expendlture Expenditure on ralslng funds: Costs of other Irading activities Expenditure on charitable activities Total exp8ndlture 212.018 528.631 212,018 545,334 757.352 186,148 472,056 658,204 10,11 16.703 16,703 740,649 Net Income (78,822) 89,598 10,976 106.412 Transfers belween funds 162,469 (162,469) Net movement In funds 83,847 (72,871) 10,976 106,412 Reconclllatlon of funds Total funds brought forward Total fund8 carrled foNard 1,881,993 1,965,840 164,839 2,046,832 1,940,420 91,968 2,057.808 2,046,832 Th8 Stat8m8nt of financial activiti8s indudes all gains and losses recognlsed in th8 y8ar. All income and expendlture derive from contlnulng activllies. The notes on pages 13 to 23 forni part of these financial ststevnenls.
Page 11 House Church Limited Company Limited by Guarantee Consolidated Statement of Financial Position 31 May 2023 2023 2022 Note Flxed assats Tangible fixed assets 16 2,914,221 2,963,444 Current assets Stocks Debtors Cash at bank and in hand 17 18 2,209 25,905 143,209 1,957 33,732 203,106 171.323 238,795 Creditors: amounts falllng due wlthln one year Net current Ilabllltlas 19 204,181 155,359 (32,858) 2.881,363 83,436 3,046.880 Total assets less current Ilabllltle8 Creditors: amounts falllng due after more than one year Net asset8 20 823.555 1,000,048 2,057,808 2,046,832 Funds of the charlty Restricted funds Unrestricted funds 91,968 1,965,840 22 2,057.808 164,839 1,881,993 2,046,832 Total charlty funds These flnanclal ststements wer8 approved by th8 board of trustees and authorlsed for Issue on 1 December 2023. and are slgn8d on b8half of the board by: Ms N Porter Trustee The notes on pages 13 to 23 fomi part of Ihese Ilnanclal statements.
Page 12 House Church Limited Company Llmited by Guarantee Statement of Financial Position - Company 31 May 2023 2023 2022 Notè Fixed assets Tangible fixed assets 15 2,871,951 2,927,664 Current assets Debtors Cash at bank and in hand 16 77.180 121,432 97,889 169,346 198,612 267,235 Creditors: amounts falllng due wlthln one year Net current assets 17 183,206 174,596 15,406 92,639 Total a8set8188s current Ilabllltles 2,887,357 3,020.303 Credltors: amounts falllng due after more than one year 18 823,555 2,063,802 955,698 Net assets 2,064,605 Funds of the charlty Restricted funds Unrestricted funds 91,968 1,971,834 2.063,802 164.839 1,899.766 Total charlty funds 20 2,064,805 These financlal statements have been prepared In accordance wlth the provislons applicable lo companles subject to the small companles. reglme. Thes8 financial statements Vre approved by the board of trustees and authorised for Issue on 1 December 2023, and are signed on behalf of the board by: Ms N Porter Director The notes on pages 13 to 23 fomi part of these flnan¢lal statements.
Page 13 House Church Limited Company Llmlted by Guarantee Consolidated Statement of Cash Flows Year ended 31 May 2023 2023 2022 Cash flows from operating actlvitles Net income 10,976 106,412 Adjustments for.. Depreciatlon of tanglble fixed assets Other interest receivable and similar Income Interest payable and similar charges Accrued (incomeyexpenses 89,068 (31,900) 51,055 (122) 88,056 {23,850) 22,687 3,158 Changes In.. Stocks Trade and other debtors Trade and other credilors (252) 7,827 {95.493) 31,159 (221) {26,919) (59.275) 110.046 Cash generated from operations Interest pald Interesl received (51.055) 31.900 (22,687) 23.850 Nel cash from operatlng actlvltles 12,004 111.209 Cash flows from Inv8Stlng actlvltles Purch8se of tanglble ass&ts Proceeds from sale of tangible assets Net cash used in Investing activities (43,334) 3,489 (39,845) (77,713) 1,867 (75,846) Cash flows from flnanclng actlvltles Proc88ds from borrowlngs Net cash used In financing activities {32,056) (32.056) (75,823) (75,823) Net decrease In cash and cash aqulvalents Cash and cash equlvalents at beglnnlng of year Cash and cash equlvalents at end of year (59,897) 203,106 (40,460) 243.566 143,209 203,106 The noles on pages 13 to 23 fomi part of these financial ststements.