Charity Registration No. 104798 Company Registration No. N1072992 (Northern Ireland) THE CHURCH'S MINISTRY OF HEALtNG THE MOUNT REPORT AND UNAUDITED FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
THE CHURCH'S MtNISTRY OF HEALING THE MOUNT LEGAL AND ADMINISTRATIVE INFORMATION Dir1 Trustees Rev. Canon N Baylor (resied I l May 2023) Canon D L BTown Mr W Dickinson Rev. A T W DOlan (resigned 19 May 2022) Mr R W Gardiner (appointed 20 May 2022) Mrs S L King Rev. Canon C Matchett (resigned 9 May 2023) Mr D J Matchett Rev. Dr P A F Mollan Rev. Professor R A B Mollan Rev E Rutherford (resigned I l May 2023) Secretary Rev. Professor R A B Mollan Charity number 104798 Company number M072992 Registered office 162 Upper Knockbreda Road Belfast BT6 9QF Independent examiner PGR Chartered Accountants Channel Wharf 21 Old Channel Road Belfast BT3 9DE Bank Danske Bank Forestside Shopping Centre Upper Gajwally Belfast BT8 6FX
THE CFtLfRCH'S MtNISTRY OF HEALING THE MOUNT TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2022 The Trustees present their report and financial statements for the yw ended 31 December 2022. The financial statements have been prepared in accordance with the accounting policies set out in note I to the financial statements and comply with the ¢harity's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Pra¢ti¢e applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commencing from l January 2016). Objectives And activities The main obje¢tives of The Church's Ministry of Healing The MounL are to enable people to know and receive Christ's hcaling powcr irrcspcctivc of thcir cultural or religious affiliation, throu7 Christian h¢alin& prayer and ¢ounsellin& delivered in a non-judgemental, accepting, professional, ethi¢al and theologically sound manner. Prayer is at the core of our activities as we endeavour to supplement ststutory and church provision by offering a professional counselling SeiCe at the 'point of need, responding with support in a crisis situation. The principal activities are. to be a servant of and responsible to the Church of Ireland; to practise and promote Christian healing on the island of Ireland for the benefit of the public in accordance with the teaching of the Holy Bible and the doctrinal beliefs embodied in the Apostles Creed and the Nicene Creed: and and advance the Christian faith through the Ministry of Healing for the benefit of the public by prayer, the laying on of hands, Christian counselling, deliverance ministry, inner healin& befriending. ¢hur¢h servi¢es, prayer groups, seminars, lectures, broadcasting, literdture and any other means as may develop to enlighten others about the Christian faith and specifically the healing ministry of our Lord Jesus Christ. The Trnstees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements gnd performance The Church's Ministry of Healing-The Mount continues to demonstrate a cros5-community, inter-denominational outreach to those of any faith or none, who are in diifi¢ulty and who need help. The Ministry is grounded in the Christian values of hospitality, belonging and wholeness which fosters opportunities for healiD& growth and Te¢onciliation at an individual and communal level so that all can reach their fullest potential. This is achieved through a wide range of professional and strictly onfidential counselling and support services, which are provided in a private. safe. and non-judgemental environment. The Covid pandemic results in significant change in patterns of provision and finan¢e. Provision ofthe ministy was responsive to Government restrictions and continues in safe protection of staff and clients. Whereas the financial projection was pessimistic, the actual SIatIOn has steadily improved primarily as a result of sacrificial donations. Before Covid emerged, the Board had completed two Scoping days in preparation for a strategic review in consultation with members, supporters and recipients of the Ministry. The planning process has proceeded with a focus on succession. The strategic process has produced cordial and positive discussions with the Bishops of th¢ Northern Provin¢¢ of the Church and plans continue to develop closer representation between the Church and the Charity. Despite changing restrictions because of Covid. the normal work of the Charity has proceeded safely and continuously throughout the period, the ministy proved safe for staff and clients. The financial status has been closely monitored, and has shown a steady growth over the year. We have adopted an early request pattern. in the parish cycle of giving to encourage support the Ministy. The finan¢ial situation has placed the Ministry in a good position pending any change to withstand reduced parish donations in the winter and subsequent uncertain months, resulting from Covid variants, the Northern Ireland protocol issues and the war in Ukraine. Ongoing expenditure continues to be closely scrutinised, and excess pruned without detriment to the building and equipment.
THE CHtTRCH'S MINISTRY OF HEALING THE MOUNT TRUSTEES, REPORT (CONTINUED) (INCLUDING DIRECTORS, REPORT) FOR THE YEIUI ENDED 31 DECEMBER 2022 The premises continue to be fit for purpose and strict Covid prevention measures have not caused any significant extra costs due to the favourable layout, ventilation and ease of Provision of cleansing. At each stage of easing of restrictions, activity was specifically risk-&ssessed and achieved without breaching Government guidelines or Church of Ireland Guidance. Throughout the recent strategic review the frequency of Board meetings has increased to gather and discuss inforniation. The vacancy for administrative matters has been filled with volunteer5. and plans are well advanced for advertising the post. Finaneial revieiv The Church's Ministry of Healing the Mount statement of financial activities is set out on page 7 of the accounts. The figures for the year ended 31 December 2022 show a surplus of £20.866 (2021- £10.764). Income from Donations and Gifts in the year fell slightly when compared witli the previous year £53,038 (2021.. £58.051) and ¢ontinue to reflect the ongoing support of our supporters and stakeholders. However increased income from fundraising activities meant that total income for the year incre&sed to £69.494 (2021.. £63.190). The premises at 162 Upper Knockbreda Road. BelfasL are occupied under a 99-year lease frorn Church of Ireland TTUStees. a charitable company, at a peppercom rent. Reserves policy It is the policy of the charity that unrestsithed funds which have not been designated for a specific use should be maintained at a level equivalent to no less than three month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding. they will be able to ¢ontillu¢ the ¢harity's current activitie5 while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained and increased in the year with total funds at 31 December 2022 being £207,367 (2021.. £186,501). Total net current assets (representing cash and other net assets less liabilities) at 31 December 2022 were £116,037 (2021.. £89,412). Risk factors The trustees have assessed the major risks to which the charity is exposed and are satisfied that systerns are in place to mitigate exposure to the major risks. Plans for future periods The platis for Ilie fulure are.. continue the strategic review. appoint an administrdtive assistanl. continue to develop the activities at the premises at 162 Upper Knockbreda RDad, Belfast. and enhance the developTnent of ministy such as a drop-in centre, weekly services. seminars and focus groups. We will also encourage the use of the premises by local churches for reflection and prayer. expand quiet days and team development meetings as Covid restriction5 are eased. consolidation and expansion of counselling through additional support staff and volunteers. extension of the ministry and practice of prayer for healing with the Laying on of Hands and anointing throughout the parishes of the Church of Ireland and to other denominational churches where invited. to develop and grow our relationships with key stakeholders including The Church's Ministy of H¢aling: Ireland, local Church of Ireland parishes in th¢ Dio¢eses of Connor. Down and Dromore, Clogher. Arniagh and Derry and Raphoe and other Christian Ghur¢hes' and responding to requests for prayer for healing of meTnorie5. Structure* governAnce and managenient The Church's Ministry of Healing the Mount is a private company limited by guarante¢ incorporated on 24 June 2009. The company was established under a Memorandum of Association and is governed under its Articles of Asso¢iation. The ¢ompany was incorporated in Northern Ireland and its registered offLce is 162 Upper Knockbreda Road. Belft. BT6 9QF.
THE CHURCH'S MDtISTRY OF HEALING THE MOUNr STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2022 The company has been granted charitable status and is registered with the Charity Commission for Northern Ireland. It is exempt from using the word 'Limited' in ils title. The trustees, who are also the directors for the purpose of company law, and who served during the year were: Rev. Canon N Baylor (resigned I l May 2023) Canon D L Brown Mr W Dickinson Rev. A T W Dorrian (resigned 19 May 2022) Mr R W Gardiner (appointed 20 May 2022) Mrs S L King Rev. Canon C Matchett (resigned 9 May 2023) Mr D J Matchett Rev. Dr P A F Mollan Rev. Professor R A B Mollan Rev E Rutherford (resigned I l May 2023) Indemnity provision for trustees The Church's Ministy of Healing the Mount 18 a company limited by guarantee and does not have a share capitsl. The liability of each member is limited to an arnount not exceeding £1. Orgnistional structure and how deeisions are mjde The Church's Ministry of Healing the Mount is governed by a Board of Trustees, which meets approximately every three months. Members are invited by The Church's Ministry of Healing the Mount to serve on the Board on the basis of their area of interest and expertise and their willingness lo support the ethos, mission, and values of The Church's Ministry of Healing the Mount. New members are normally elected at the AGM. but the Board may at any time co-opt people who would hold oifice until the next AGM. The Board ensures that governance of The Church's Ministy of Healing The Mount represents best practice. No business is trdnsacted at a General Meeting unless a quorum is present. A quoNm is the presence of five members. Unless detemined by the company in General Me¢ting, the number of trustees shall not be less than five. The company holds an Annual General Meeting each year in addition to all other general meetings. Decisions are made by passing of resolutions by the Board. Thc trustees, report was approvcd by the Board of Trustccs. MrDJ Chairnian aiLhett
THE CHtTRCH'S MINISTRY OF HEALING THE MOUNT STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2022 The trustees, who are also the directors of The Church's Ministry of Healing the Mount for the purpose of company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requi$ th¢ trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, in¢luding the income and expenditure, of the charitable company for that year. In preparing these financial Statements, the trustees are required to: select suitable accounting policies and then apply them consistently. - observe the methods and principles in the Charities SORP. - make judgements and estimates that are reasonable and prudent. and - prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
THE CHURCH'S MINISTRY OF HEALtNG THE MOUNT tNDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CHURCH'S MINISTRY OF HEALING THE MOUNT I report on the financial statements of The Church's Ministy of Healing the Mount for the year ended 31 December 2022, whieh are set out on pages 7 to 15. Respective responsibilities of trustees and examiner As the charity trustees (and also the directors of the eompany for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006. Having sat15fLed myself that the charity is not subject to audit under company law. and is eligible for independent examination, it is my responsibility to.. exatnine the accounts under section 65 of the Charities Act (Northern Ireland) 2 a 0 8 ('the Charities Act.). follow the procedures laid do wn in ihe general Directions given by the Charity Commission for Northern Ireland under section 65(9){b) i)f the C.haritie.8 A and state wheth¢T particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my exaTnination was carried out in accordance with the general Directions given by th¢ Charity Commission for Northem Ireland under section 65(9)(b) of the Charitie5 A. The examination in¢luded a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also in¢luded consideration of any unusual items or disclosures in the a¢count5 and seeking explanations from you as charity trustees concerning ally such matters. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matter5 that an auditor considers in giving their opinion on the accounts. The planning aTJd conduct of an audit go beyond the limited assurance that an independent examination can provide. Consequently, l express no opinion as to whether the accounts present a 'true and fair view, and my report is limited to those spe¢ifi¢ matters set out IT] the independent examiner's statement. My role is to state whether any material matters have come to my attention giving me reasonable cause to believe: l. That accounting records were not kept in COrdanCe with section 63 of the Charities Act (Northern IrelaT)d) 2008 and 386 of the Companies Act 2006. 2. That the a¢¢ounts do not accord with those accounting records- 3. That the attounts do not comply with the a¢¢ounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Reeommended Practice: Accounting and Reporting by Charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). and 4. That there is further infomiation needed for a proper understanding of the accounts to be reached. Indepe.Dde.nt examiner's ststement I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland. I have found no matters that require drawing to your attention. Mr Peter Greene For and on behalf of PGR Chartered Accountants Unit 2 Channel Wharf 21 Old Channel Road Belfast Co. Antrim BT3 9DE Dated:
TFtE CHURCH'S rrftNISTRY OF HEALING THE MOUNT STATEMENT OF FINANCIAL ACTIVITIES INCLUDtNG INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022 2022 2021 Notes Donations and legacies Charitable activities Investtnents 53,038 16,456 58.051 5,082 57 Total income 69,494 63,190 Challtable activities 48.628 52.426 Net income for the yearlsnip Net movement in funds 20,866 10.764 Total ndS brought forward 186.501 175.737 Total funds carried forward 207,367 186,501 The statement of financial activities in¢ludes gnS and losses recogmised in the year. All income and expenditure derive from continuing activities. A]1 income and expenditure in the year relates to unstrIcted funds. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
Company Registration No. N1072992 THE CHURCH'S MINISTRY OF HEALING THE MOUNT BALANCE SHEET AS AT 31 DECEMBER 2022 2022 2021 Notes Fixed assets Tangible assets io 91,330 97,089 Current assets Debtors Cash at bank and in hand li 8,757 108.630 5.823 84,689 117,387 90,512 Creditors: amounts falling due within one year 12 (1,350) (I,ioo) Net current assets 116,037 89.412 Totsl assets less current liabilities 207,367 186,501 Income funds Unrestricted funds 207.367 186,501 207.367 186,501 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companie5 Act 2006, for the year ended 31 December 2022. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these financial statements. The trustees, responsibilities for ensuring that the eharity keeps accounting records which comply with section 386 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which utherwi5e Lumply with th¢ r¢quir¢m¢nls uf the Companies Act 2006 relating to accounts, so far as applicable to the company. These financial statements have been prepared in accordance wlth the provisions applicable to companies subject to the small companies, regime. The financial statements wer¢ approved by the Trustees o MrD Matrhett Chairman
THE CFtURCH'S N/ttNISTRY OF HEALtNG THE MOUNT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting policies Charity information The Chh'S Ministry of Healing the Mount is a private company limited by guarantee incorporated in Northern Ireland. The registered office is 162 Upper Knockbreda Road, Belfast, BT6 9QF. Accounting convention The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association. the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Re¢ommended Pra¢ti¢e applicable to charities Preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods comTnen¢ing from l January 2016). 'I'he charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The finan¢ial statement5 are prepared in sterling, which is the fjJnctionat cutTency of the charity. Monetary amounts in these financial ststernents are rounded to the nearest £. The financial statements have been prepared under the historical c05t convention. The principal accounting policie5 adopted are set out below. Going eoncern At the tim¢ of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for at least a period of12 months from the date of approval of the financial statements including Consideration of the cash flow requirements during the next 12 month period and taking into account the ongoing impact of the Covid-19 pandemic on both the short and longer-term operation of the charity. Thus. the trustees continiie to adopt the going ¢on¢ern basis of accoiinting in preparing the financial statements. ChArlt&ble thnds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitsble obje¢tive5 unless the funds have been designated for other purposes. Incoming resources Income is reeognised when the charity is legally entitled to it after any perfonnance conditions have been meL the amounts can be measured reliably, and it is PTobable that income will be received. Income represents parochial contributions, donations, including donations for counselling, legacy donations, grants. and income from various actLVlties including seminars, quiet days, fundraising and sale of cards, literature. and tapes. Cash donations are recognised on receipt. Other donations are rewgnised once the charity has been notified of the donation unless perfornlance conditions require defeal of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is Tecognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distrlbution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
THE CHURCH'S fvItNISTRY OF HEALtNG THE MOtNT NOTES TO THE FINANCIAL STATEMENTS (CONTtNUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting policies (Continued) Resourees expended All expenditure is accounted for on an accruals basis and has been classified under headiT]gs that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties. it is probable that the settlement will be required, and the amount of th¢ obligation can be measured reliably. Expenditure on charitable activities includes costs undertaken to further the purposes of the charity. The charity considers that all costs incurred relate to charitable activities iindertaken and that there are no significant support costs separate from these activities. Tngible fixed Assets Tangible fixed assets are initially Tneasured at cost and subsequently measured at cost, net of depreciation and any impairn]ent losses. Depreciation is re¢ognised so as to write off the cost of assets less their residual values over their useful lives on the following bases: Leasehold improvements Fixtures and fittings 40/0 Straight line 25 % straight line The gain or 10$5 arising on the disposal of an asset is deterniined as the difference between the sale proceeds and the carrying value of the asset and is recognised in net incomel(exp¢nditure) for the year. Impairment of red Assets At ea¢h reporting end date. the charity reviews the carrying amounts of its tangible assets to det¢rmin¢ whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to detemiine the extent of the impairnient loss (if any). Cash and Cash equlvxlents Cash and cash equivalents include deposits held at call with banks. FinanefiAI instruments The charity has elected to apply the provisions of Section I I 'Basic Financial Instruments. of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the re¢ognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic finaneial assets Basic financial assets. which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Bsit fin*neiAI li•bilities Basic financial liabilities, including other creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, io
THE CFtURCH'S MINISTRY OF HEALING THE MOUNT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting polici (Continued) Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are re¢eTved. Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Criticlll accounting estimlltes snd judgements In the application of the charity's accounting policies. the trustees are required to make judgements. estimates and assumptions aEx)Ut the Carrying amount of assets and liabilities that are not readily apparent from other sources. The ¢stimat¢s and associated &ssumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the rev&sion affects only that period, or in the period of the revision and thture periods where the revision affects both current and future periods. There were no critical accounting estimates or judgements made by the Trustees. 3 Donations and legacies 2022 2021 Donations and gifts Grants receivable 49,904 3,134 57.268 783 53,038 58,051 DonAtIons And gifts Voluntary income and legacies Gift aid tsx repayments Counselling donations 43,011 6.618 275 47,317 8.781 1,170 9,904 57,268 Grants reeeivgble for core aetivities Other grants 3,134 783 3.134 783 li
TFLE CHLtRCH'S MINISTRY OF HEALING THE MOUNT NOTES TO THE FINANCIAL STATEMENTS (CONTtNUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Charitable activities 2022 2021 Fundtzising activities Room rental Seminars, quiet days and miscellaneous income 15,283 50 1,123 3,436 1.646 16,456 5.082 Investments 2022 2021 Interest receivable 57 Charitable activities 2022 2021 Staff costs Depreciation and impairment Rent of premises Premises expenditure Telephone Printin& postage and ststionery Insurance General expenses Publications Bank charges 31,191 5.759 1.500 3,893 409 747 2.836 422 36,570 5,759 1,200 2,352 401 1.675 2.824 469 105 96 46,862 51,646 Share of governance costs (see note 7) 1,766 48,628 52.426 12
THE CFtURCH'S MINISTRY OF HEALING THE MOUNT NOTES TO THE FtNANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Support costs Governance 2022 2021 Basis of allocation costs Independent examination 1.766 1,766 780 Govemance 1.766 1,766 780 Analysed 45: Charitable activities 1.766 1,766 780 Trustees Rev. Dr P A F Mollan. a Trustee of the charity has been remunerated for counselling and support services provided under a ¢ontra¢t of employment to the charity totalling £25,512 (2021.. £25,512). These services are in addition to her role as Trustee/Director for which she reeeives no remunerdtion. No other trustees (or any persons connected with them) received any other remuneration or benefits from the charity during the yeai.. Employees Number of employees The average monthly number employees during the year was: 2022 Number 2021 Number Tota] Employment costs 2022 2021 Wages and salaries Social security costs Other pension Costs 30,833 35,825 358 1,045 31.191 36,870 There were no employees whose annual remuneration was £60,000 or more. 13
THE CFtURCH'S MINISTRY OF HEALING THE MOUNT NOTES TO THE FINANCIAL STATEMENTS (CONTtNUED) FOR THE YEAR ENDED 31 DECEMBER 2022 10 Tangible fixed assets Le&sehold Fixture5 and improvefflents rittings Total Cost At l January 2022 143.987 7.165 151.152 At 31 December 2022 143.987 7.165 151.152 Depreciation 2nd impairment At l January 2022 Depreciation charged in the year 46.898 5,759 7.165 54,063 5,759 At 31 December 2022 52,657 7,165 59,822 Carrying amount At 31 December 2022 91,330 91,330 At 31 December 2021 97,089 97.089 II Debtors 2022 2021 Amounts falling due withln one year: Gift Aid debtors Prepayments and accrued income 6,568 2.189 3,426 2,397 8.757 5,823 12 ClitOrS. amounts fatbng duemqthin oneyear 21)22 2021 Accruals and deferred income 1,350 i.ioo 13 FSnancial ithments 2022 2021 Carrying amount of financial assets D¢bt instrum¢nts measured at amortised cost 6,568 3,426 Carying amount of financial liabilities Measured at amortised cost 1,350 i.ioo 14
THE CHURCH'S MINISTRY OF HEALING TFtE MOUNT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 14 AntyS of net assets beiween Trds Unrestricted funds Total Fund balances at 31 Decernber 2022 are represented by: Tangtble assets Current aSse(lIabilitIes) 91,330 116.037 97.089 89,412 207,367 186.501 15 Relatsd party trAn5actions Remuneration of key mAnAgement personnel The remuneration of key management personnel is as follows. 2022 2021 Aggregate compensation 25.512 25,512 The following donations were made during the year to The Church's Ministy of Healing The Mount from the Directors of the Company: 2022 2021 Rev. Dr P A F Mollan Rev. Professor R A B Mollan 3,005 2,400 3,030 2.400 15