## **Aldergrove House of Prayer Statement of Financial Activities** 

## **st For the year ended 31 December 2022** 

|2022<br>Unrestricted<br>Fund<br>2021<br>Total Funds<br>Note<br>£<br>£<br>**INCOME AND**<br>**ENDOWMENTS FROM**<br>Donations and Legacies<br>19,855<br>17,026<br>Investment Income<br>2<br>5<br>0<br>**TOTAL**<br>19,860<br>17,026<br>**EXPENDITURE ON**<br>**CHARITABLE ACTIVITIES**<br>Charitable Activities<br>21,796<br>16,618<br>**NET INCOME / (EXPENDITURE)**(1,936)<br>408<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>3,369<br>2,961<br>**TOTAL FUNDS CARRIED FORWARD**<br>1,433<br>====<br>=<br>3,369<br>====<br>=|2022<br>Unrestricted<br>Fund<br>2021<br>Total Funds<br>Note<br>£<br>£<br>**INCOME AND**<br>**ENDOWMENTS FROM**<br>Donations and Legacies<br>19,855<br>17,026<br>Investment Income<br>2<br>5<br>0<br>**TOTAL**<br>19,860<br>17,026<br>**EXPENDITURE ON**<br>**CHARITABLE ACTIVITIES**<br>Charitable Activities<br>21,796<br>16,618<br>**NET INCOME / (EXPENDITURE)**(1,936)<br>408<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>3,369<br>2,961<br>**TOTAL FUNDS CARRIED FORWARD**<br>1,433<br>====<br>=<br>3,369<br>====<br>=|2022<br>Unrestricted<br>Fund<br>2021<br>Total Funds<br>Note<br>£<br>£<br>**INCOME AND**<br>**ENDOWMENTS FROM**<br>Donations and Legacies<br>19,855<br>17,026<br>Investment Income<br>2<br>5<br>0<br>**TOTAL**<br>19,860<br>17,026<br>**EXPENDITURE ON**<br>**CHARITABLE ACTIVITIES**<br>Charitable Activities<br>21,796<br>16,618<br>**NET INCOME / (EXPENDITURE)**(1,936)<br>408<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>3,369<br>2,961<br>**TOTAL FUNDS CARRIED FORWARD**<br>1,433<br>====<br>=<br>3,369<br>====<br>=|
|---|---|---|
||||
||3,369<br>1,433<br>====<br>=|2,961<br>3,369<br>====<br>=|





## **Aldergrove House of Prayer Balance Sheet st At 31 December 2022** 

|Note<br>**CURRENT ASSETS**<br>Cash at Bank<br>**NET CURRENT ASSETS**<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>**NET ASSETS**<br><br>**FUNDS**<br>Unrestricted funds<br>6<br>**TOTAL FUNDS**<br>|2022<br>Unrestrict<br>ed Fund<br>£||2021<br>Total<br>Funds<br>£|
|---|---|---|---|
|||||
||1,433<br>1,433<br>1,433<br>1,433<br>**=====**<br>1,433<br>1,433<br>====<br>=|3,369<br>3,369<br>3,369<br>3,36<br>9<br>**====**<br>3,36<br>9<br>3,369<br>====||



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022 

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies. 



The financial statements were approved by the Board of Trustees on xx and were signed on its behalf by: 

Ms A Hunter – Trustee 



**Aldergrove House of Prayer Notes to the Financial Statements for the year ended 31 December 2022** 

## **1.ACCOUNTING POLICIES.** 

## **Basis of preparing the financial statements** 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **2. INVESTMENT INCOME** 

2022 2021 £ £ 

Deposit account interest 

5 0 ==== ==== 



**Aldergrove House of Prayer Notes to the Financial Statements for the year ended 31 December 2022** 



## **Aldergrove House of Prayer Notes to the Financial Statements for the year ended 31 December 2022** 

## **3.TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021. 

## **4.STAFF COSTS** 

The average monthly number of employees during the year was as follows: 

||202|202|
|---|---|---|
||2|1|
|Administration|1|1|
|No employees received emoluments in excess of|||
|£60,000.|||



## **5.COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES.** 

||Unrestricted fund|
|---|---|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies||
||17,026|
|Investment income|0|
|**Total**|17,026|
|**EXPENDITURE ON**||
|**Charitable activities**||
|Charitable activities|16,618|
|**Total**|16,618|
|**NET INCOME/(EXPENDITURE)**||
||408|
|**RECONCILIATION OF FUNDS**||
|Total funds brought forward|2,961|
|**TOTAL FUNDS CARRIED FORWARD**|3,369|
||=====|



## **INCOME AND ENDOWMENTS FROM** 



## **Aldergrove House of Prayer Notes to the Financial Statements for the year ended 31 December 2022** 

## **6.MOVEMENT IN FUNDS** 

|At 1/1/22<br>£<br>**Unrestricted Funds**<br>General Fund<br>3,369<br>**TOTAL FUNDS**<br>3,369<br>====<br>=<br>|Net movement<br>At<br>31/12/22<br>In funds<br>£<br>£<br>(1,936)<br>1,433<br>(1,936)<br>======<br>1,433<br>====|
|---|---|



Net movement in funds, included in the above are as follows: 

||Incoming|Resources|Resources|Movement|
|---|---|---|---|---|
||resources|expended||in|
|||||funds|
||£|£||£|
|**Unrestricted funds**|||||
|General fund|19,860|(21,796)||(1,936)|
|**TOTAL FUNDS**|19,860|(21,796)|||
||=====|=====||(1,93|
|||||6)|
|||||====|
|||||=|
|**Comparatives for movements in funds**|||||
||Net movement||||
||At 1/1/21||in funds|At|
||£||£|31/12/21|
|||||£|
|**Unrestricted Funds**|||||
|General fund|17,026||(16,618)|408|
|**TOTAL FUNDS**|17,026||(16,618)<br>|408|
||=====||=====|====|



Comparative net movement in funds included in the above are as follows: 


Incoming Resources Movement resources expended in funds 



£ £ £ **Aldergrove House of Prayer Unrestricted funds Notes to the Financial Statements** General fund 3,369 (1,936) 1,433 **for the year ended 31 December 2022 TOTAL FUNDS** 3,369 (1,936) 1,433 =====. ==== 



## **Aldergrove House of Prayer Notes to the Financial Statements for the year ended 31 December 2021** 

**----------------------------------------------------------------------------------------------------------------** 

## **7. RELATED PARTY DISCLOSURES** 

st There were no related party disclosures for the year ended 31 December 2022. 



## **Aldergrove House of Prayer Detailed Statement of Financial Activities for the year ended 31 December 2022** 

**----------------------------------------------------------------------------------------------------------------** 

|**INCOME AND ENDOWMENTS**<br>**Donations and legacies**<br>Donations<br>**Investment Income**<br>Deposit account Interest<br>**Total Incoming resources**<br>**EXPENDITURE**<br>**Charitable Activities**<br>Wages<br>Insurance<br>Light and Heat<br>Postage and Stationery/Admin<br>Sundries<br>758<br>Gifts re speakers<br>Travel<br>Repairs and Maintenance<br>Rent|**2022**<br>**£**<br>19,855<br>5<br>19,860|**2021**<br>**£**<br>17,02<br>6<br>0<br>17,02<br>6|
|---|---|---|
||||
||11,646<br>13,91<br>2<br>764<br>718<br>2,949<br>945<br>154<br>118<br> <br>180<br>2,060<br>350<br>2,772<br>0<br>662<br>373<br>1<br>1<br>21,766<br>16,59<br>7||



## **SUPPORT COSTS** 

Bank Charges 

**Finance** 

30 

21 



||**Aldergrove House of Prayer**||
|---|---|---|
|**Total resources expended**|21,796|16,618|
|**Net income (expenditure).**|(1,936)|408|
||=======|=======|