UNITED GRACE MISSION UK
Financial Statements for the year ended 31st December 2022
Receipts and Payments Account for the year ended 31st December 2022
| Receipts Voluntary giving Donations and Bequests Investment Income Payments Cost of Fundraising Charitable Activities Governance Costs Before transfers between funds Transfers between Funds Net Operating Surplus/ (Deficit) |
Unrestricted Restricted Endowment Total Funds Funds Funds 2022 £ £ £ £ 6,978 250 0 7,228 0 0 0 0 84 0 0 84 7,062 250 0 7,312 0 0 0 0 17,743 2,120 0 19,863 0 0 0 0 17,743 2,120 0 19,863 (10,681) (1,870) 0 (12,551) 0 0 0 0 (10,681) (1,870) 0 (12,551) |
Total 2021 £ 15,222 10,790 5 26,017 0 44,752 470 45,222 (19,205) (19,205) |
|---|---|---|
The reconciliation of the receipts and payments shown above to the total funds of the Charity is disclosed on the following page
UNITED GRACE MISSION UK
Financial Statements for the year ended 31st December 2022 Statement of Assets & Liabilities
Reconciliation of Receipts and Payments Account
| Opening Funds at beginning of year Surplus/ (Deficit) for the year Closing Funds at end of year Held as followings: Bank Current Account No. 1 Bank Reserve Account |
Unrestricted Restricted Endowment Total Funds Funds Funds 2022 £ £ £ £ 47,850 2,349 0 50,199 (10,681) (1,870) 0 (12,551) 37,169 479 0 37,648 2,503 0 2,503 34,666 479 35,145 37,169 479 0 37,648 |
Total 2021 £ 69,404 (19,205) 50,199 138 50,061 50,199 |
|---|---|---|
Non-monetary Assets (not included above)
The Charity has no other Assets other than disclosed above.
Statement of Material Liabilities
The Trustees are not aware of any material liabilities at the date of this Report
Approved by the trustees on 27th June 2024 and signed on their behalf by:-
Lawrence Kennedy Sydney Johnston
Trustee
Trustee
UNITED GRACE MISSION UK Financial Statements for the year ended 31st December 2022 Notes to the Accounts
Basis of Accounting under Receipts & Payments
Revenue that the Charity is entitled to is recorded when received, expenditure that the Charity incurred is recorded when paid.
Purpose and nature of funds
General unrestricted fund : These are funds that have been received carrying no restriction on their use and are put to purpose at the discretion of the trustees in furtherance of the objects of the Charity.
Restricted funds: are funds subject to specific trusts, which are declared by the donor(s) and are expendable by the trustees in furtherance of some particular aspect(s) of the objects of the charity. These funds are subject to restriction (as to their use) imposed by those from whom the funds are obtained. Resources received but not yet expended at the end of the financial year are retained as a reserve.
Endowment funds: where there is no power to convert the capital into income, is known as a permanent endowment fund and the capital is normally held indefinitely. Where trustees have the power to convert endowment funds into income, such funds are known as expendable Any funds held under this classification by the Charity are permanent.
| Trustee benefits (in total) Remuneration Reimbursed expenses |
2022 Nil Nil |
2021 Nil Nil |
|---|---|---|
The only private benefit flowing from our purpose in relation to the trustees is to those holding office within the Charity who receive benefits as a result of their holding office within the Charity. However, this is incidental and necessary in order to further the charitable purpose.
| Charitable Activities Kerala Andhra, Pradesh Punjab NIBS BIHAR Support Costs |
2022 10,800 3,475 0 2,000 3,000 588 19,863 |
2021 9,600 20,570 3,000 10,800 1,252 45,222 |
|---|---|---|
UNITED GRACE MISSION UK Financial Statements for the year ended 31st December 2022
The following pages contain Additional information
UNITED GRACE MISSION UK
Financial Statements for the year ended 31st December 2022
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RECEIPTS
Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2022 2021
£ £ £ £ £
Voluntary Giving
General Donations 6,978 250 7,228 15,222
6,978 250 0 7,228 15,222
Gift Aid received 0 0 0
Donations & Bequests
Christian Medical Centre & Hospital 0 10,790
Leprosy Aid 0
Boys Haven- Paippad 0
In memory of Mr Leslie Lynn 0
0 0 0 0 10,790
0 0
Other Income 0 0 0 0 0
Investment Income
Bank Interest 84 84 5
84 0 0 84 5
Operating Receipts 7,062 250 0 7,312 26,017
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UNITED GRACE MISSION UK
Financial Statements for the year ended 31st December 2022
PAYMENTS
| Charitable Activities General Expenses MCC Computers Bank Fees & Charges Sundry expenses Post & Freight Charges Kerala:- Centre for differently abled Children Buildings & Equipment Salaries Andhra, Pradesh:- Leprosy Aid Pastors' support Christmas Gifts Visa Applications Cephas - Expenses Covid Relief Punjab Mary Orr Fund - Student Support Boys Haven Hall Replacement New India Bible Seminary Flood Damage repair BIHAR Christian Medical Centre & Hospital Governance Cost AGM Meeting expenses Accountant Other payments Operating payments |
Unrestricted Restricted Endowment Total Funds Funds Funds 2022 £ £ £ £ 128 128 360 360 75 75 25 25 0 0 0 0 10,800 10,800 0 0 0 0 1,950 1,950 1,025 1,025 0 500 500 0 0 0 0 0 880 2,120 3,000 0 2,000 2,000 0 0 0 17,743 2,120 0 19,863 0 0 0 0 0 0 0 0 0 0 0 0 0 17,743 2,120 0 19,863 |
Total 2021 £ 361 21 400 0 9,600 500 15,750 1,970 850 1,500 3,000 10,800 |
|---|---|---|
| 44,752 | ||
| 0 470 0 |
||
| 470 | ||
| 45,222 |