| Greenlsland Baptist Church Statement of Financial Activities |
Greenlsland Baptist Church Statement of Financial Activities |
Greenlsland Baptist Church Statement of Financial Activities |
||||
|---|---|---|---|---|---|---|
| for the year ended 31 August 2023 | ||||||
| Statement of Financial Activities | for the year ended31August 2023 | |||||
| Current,t:ear | ||||||
| Unrestricted | Deslgnalcd | Restricted | Total | Prior | ||
| fund, | Punds | funds | Fund.I | year | ||
| £ | £ | £ | £ | |||
| IncomingResources | Notes | |||||
| Donations&Legacies | ll | |||||
| 194,278 | 42,888 | 8.S,980 | 323.146 | 299.506 | ||
| Investmentincome | 31 | |||||
| Totallncomlng | ||||||
| Rrsources | 194.278 | 42,888 | 85.980 | 323,146 | 299,537 | |
| RtsourtaExpended | ||||||
| Charil.AbleIICtivitics | 24,25 | |||||
| 199,848 | 37,990 | 61,49.S | 299.333 | 198.064 | ||
| TotalRrsourca | ||||||
| Expmded | 199,848 | 37,990 | 61,495 | 299,JJJ | 198,064 | |
| Ndlnromlag/outgoingrt50Ul"Ct':S | ||||||
| ~oretn.nsfers | (5,570) | 4,898 | 24,485 | 2J,81J | 101,473 | |
| Grosslelnsfcnbetweenfunds | ||||||
| Netbu:omlnr/oUS,oiagraoun:a | ||||||
| after | (5,570) | 4,898 | 24,4&S | 23,813 | 101,473 | |
| traml'en | ||||||
| Other~pinsandlosses | ||||||
| Ndmovcmmlinfunds | (5,570) | 4,898 | 24.485 | 23.SU | 101.473 | |
| R«oodllatioo orrund.s | ||||||
| Toulfundsbrou~t | 16 | 95,150 | 39,437 | 855.542 | '90,119 | 818,656 |
| forward | ||||||
| Tola.Ifundscarritd | 16 | 89,580 | 44,335 | 880,027 | 1,013,942 | 990J29 |
| Grcenlsland Baptist Church | Grcenlsland Baptist Church | Grcenlsland Baptist Church | ||||
|---|---|---|---|---|---|---|
| StatementofFinancialActivities | ||||||
| for the year ended3lAugust2023 | ||||||
| Analysis of prior year total funds, as required by paragraph 4.2ofthe SORP. | ||||||
| Unrestricted | Designated | Restricted | Total | Prior | ||
| Funds | Funds | Funds | Funds | year | ||
| 2022 | 2022 | 2022 | 2022 | 2021 | ||
| £ | £ | £ | £ | |||
| IncomingResources | Notes | |||||
| Donations& | ||||||
| Legacies Investmentincome TotalIncomingResources |
22 | 192,091 22 192,113 |
32,914 32,914 |
74,S01 9 74,510 |
299.506 31 299,537 |
349,385 115 49,SOO |
| ResowusExpended | ||||||
| Charitable activities TotalResourcesExpended |
24,25 | 110.539 110,539 |
24.S02 24,502 |
631023 63,023 |
1981064 198,064 |
224.199 224,199 |
| Netincoming/ outgoing | ||||||
| resources | ||||||
| beforetransfers | 81,574 | 8,412 | 11,487 | 101,473 | 125,301 | |
| Grosstransfersbetweenfunds Netincoming/ outgoing |
~140.352} | 5,693 | 134,659 | |||
| resources | ||||||
| aftertransrers | (58,778) | 14,105 | 146,146 | 101,473 | 125,301 | |
| Netincomingresourcesbefore | ||||||
| other | ||||||
| recognisedgainsandl~ | (58,778) | 14,105 | 146,146 | 101,473 | 125.301 | |
| Otherrecognisedgainsand | ||||||
| losses | ||||||
| -, | ||||||
| Net movement in | ||||||
| funds Reconciliationof |
(58,778) | 14,105 | 1461146 | 101.473 | 125:;!0l | |
| funds | ||||||
| Totalfundsbrought | ||||||
| forward Total funds carriedforward |
16 16 |
153,928 9Szl50 |
2SJ32 39.437 |
709.396 855.542 |
888,656 990,129 |
70.355 888.656 |
| Greenisland Baptist Church - Resources applied in the year assets for Charity use: |
ended 31st August2023towards | fixed |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Fundsgeneratedintheyearosdetailedin | ||
| lheSOFA Resourcesappliedonfunctionnl |
:?3.813 | 101,473 |
| fixedassets | ||
| Net resources available to fund | ||
| charitableactivities | 23.813 | 101,473 |
| RevenueaccumulatedFunds | |||||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Prior | |
| Funds | Funds | Funds | Funds | year | |
| £ | £ | £ | £ | £ | |
| Accumulatedfundsbrought | 95, I50 | 39.437 | 855,542 | 990.129 | 888,656 |
| forward | |||||
| Recognisedgainsandlossesbefore | (5,570) | 4,898 | 24.485 | 23,813 | 101,473 |
| transfers |
| Greenisland Baptist Church - Income and Expenditure | Account for the year ended 31'1August 2023 | Account for the year ended 31'1August 2023 |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| IncomefromOpcr.ations | 323.146 | 299.506 |
| lnvcstmcnl IncomeilDdinlcrc:slrec'd | 31 | |
| Gross incomeinyear before exceptional items | 323.146 | 299.537 |
| Exceptional income | ||
| Gross income inyearincluding .exceptional | ||
| items | 323,146 | 299..537 |
| Expcndilun | ||
| Charitablec:xpcnclitun:.excluding depreciationaru.lamortisation | 236.075 | 133.707 |
| Dc'pred.-ationandamortisation | 38.636 | 38.124 |
| lntercsl payable | 24.622 | 26.233 |
| Total expendituretoyear | 299.333 | 198.064 |
| Net incomebdorclox in | ||
| year | 23,813 | 101,473 |
| Taitonsurplu~ | ||
| NrlIncomeaftertax | 23,813 | 101.473 |
| Rrtainrd!urplusforthe | ||
| year | 23,813 | 101.473 |
| GreenlslandBaptistChurch | GreenlslandBaptistChurch | |||
|---|---|---|---|---|
| BalancesheetOBot31August2023 | ||||
| 2023 | 2022 | |||
| Notes | £ | £ | ||
| FixedAssets | ||||
| TangibleAssets | 11 | 1,327,456 | 1,359,093 | |
| CurrentAssets | ||||
| CnshatBank | 222,016 | 190,923 | ||
| Creditors:amountsfallingdue | ||||
| withinoneyear | 12 | (25,358) | (2S,358) | |
| Netcurrent | ||||
| (liabilities)/nssets | 196,658 | 165,565 | ||
| Total.metsI~current | ||||
| liabilities | 1,524,114 | 1,524,658 | ||
| Creditors: amountsfallingdue after | ||||
| morethanoneyear | 13 | (510,172) | (534,529) | |
| Totalnetassets | 1,013,942 | 990,129 | ||
| RestrictedFunds | ||||
| Restrictedrevenue | ||||
| fund | 17 | 880,027 | 855,542 | |
| Unrestricted | ||||
| Funds | ||||
| Unrestricted | ||||
| revenuefund | 17 | 89,580 | 95.150 | |
| DesignatedFunds | ||||
| Designated revenue | ||||
| fund | 17 | 44,335 | 39,437 | |
| TotalCharity | ||||
| funds | 1,013,942 | 990.129 |
Net surplus before taxinthe financial year |
||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| The net surplus beforetaxisstated after charging: | ||
| Depreciationoffixedassets | 38,636 | 38,124 |
| Pension costs | 7.274 | 2,564 |
| 45,910 | 40.688 | |
Interest payable |
||
| 2023 | 2022 | |
| £ | £ | |
| Loaninterest | 24,622 | 26.233 |
Staff costs and emolun1ents |
||
|---|---|---|
| Total Funds | Prior year | |
| £ | £ | |
| Gross Sulnriesex.cltrustees and key mgt personnel | 47,320 | 42.967 |
| Social Security Costs | ||
| Employer contributiontopens.ions | 7.274 | 2.564 |
| Trustees remuneration | 61.186 | 8,624 |
| 119,780 | 54.155 | |
| Numbersoffull-time employees or full-time equivalents | ||
| The average numberofstaff employed during the year | 6 | 3 |
| The average numberofpart-time staff employed in the year | 3 | 2 |
| The averagenumberoffull-time staff employed in the year | 3 | I |
| The estimatedfulltime equivalent numberofallsWJ employed | 6 | 3 |
| Engaged on charitable activities | 6 | 3 |
| The estimated full time equivalent numberofallstaff | 6 | 3 |
| 11. Tangible Fixed Assets |
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|---|---|---|---|---|
| Furniture | ||||
| Land& | & | Equipment | Total | |
| Buildings | Fittings |
|||
| Cost: | ||||
| At l September 2022 Additions |
1,491.680 5.103 |
69,083 |
22,791 1,896 |
1,583.554 6,999 |
| Disposals | ||||
| At31August 2023 | 1,496,783 | 69,083 |
24.687 | 1,590,553 |
| Depredation: | ||||
| Atl September 2022 | 165,142 | 38.512 |
20,807 | 224,461 |
| Charge | 29,911 | 6,908 | 1,817 | 38,636 |
| Disposals | ||||
| At31August 2023 | 195,053 | 45,420 |
22,624 | 263,097 |
| NetBookValue: | ||||
| At 31 August 2023 | 1,301,730 | 23,663 |
2,063 | 1,327,456 |
| At31August 2022 | 1.326,538 | 30,571 |
1,984 | 1,359,093 |
| 12. Creditors: amounts falling |
doewithin | oneyear | ||
| 2023 | 2022 | |||
| £ | £ | |||
| Bank loans & Overdrafts | 25.358 | 25.358 | ||
| Other creditors | ||||
| 25.358 | 25.358 | |||
| 13. Creditors: amounts falling |
due after one year | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Bank loans & Overdrafts | 510. I 72 | 534.$29 | ||
| 510.172 | 534.529 |
| 16. Particularsofbow particular funds arc represented by assets and liabilities |
16. Particularsofbow particular funds arc represented by assets and liabilities |
16. Particularsofbow particular funds arc represented by assets and liabilities |
16. Particularsofbow particular funds arc represented by assets and liabilities |
|
|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | |
| At31st August 2023 | funds | funds | funds | funds |
| £ | £ | £ | £ | |
| TangibleFixedAssets | 2,063 | 1.325.393 | 1,327,456 | |
| Current Assets | 85.494 | 45.522 | 91,001 | 222,017 |
| Current Liabilities | (25.358) | (25",358) | ||
| LongTermLiabilities | (510,172) | (510,172) | ||
| 87,557 | 45,522 | 880,864 | 1,0131943 | |
| Unrestricted | Designated | Restricted | Total | |
| At31st August 2022 | funds | fonds | funds | funds |
| £ | £ | £ | £ | |
| Tangible Fixed Assets | 1,983 | 1.357.1IO | 1359.093 | |
| CurrentAssets | 93.167 | 39.,437 | 58.319 | 190,923 |
| CurrentLiabilities | (25,358) | (25.358) | ||
| LongTermLiabilities | (534.529) | (534,529) | ||
| 95.150 | 39.437 | 855.542 | 990.129 |
| 17. Change in total funds over the year shownInNote 16, analysed |
17. Change in total funds over the year shownInNote 16, analysed |
17. Change in total funds over the year shownInNote 16, analysed |
by Individual | funds |
|---|---|---|---|---|
| Funds b/fwd | Fund mvmt | FundT/frs | FundsC/fwd | |
| Unrestrictedand designatedfunds: |
from2022 | in2023 (secNote18) |
in2023 (see Note 19) |
to 2024 |
| Unrestricted revenue fund |
95,150 | (5,570) | 89,580 | |
| Designated revenue fund |
39,437 | 4,898 | 44,335 | |
| Totalunrestrictedand designatedfunds |
134,587 | (672) | 133,915 | |
| Restrictedfunds: | ||||
| Building Fund TotalRestricted Funds |
855,542 855,542 |
24,485 24,485 |
880,027 880,027 |
|
| Total Charity Funds | 990,129 | 23,813 | 1,013,942 | |
| 18. Analysisofmovements in funds over the year showninNote17 |
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| Income | Expenditure | Other Gains/ | Mvmtin | |
| funds | ||||
| Unrestrictedand designatedfunds: |
2023 £ |
2023 Losses in 2023 £ £ |
2023 £ |
|
| Unrestrictedrevenue fund |
194,278 | (199,848) | (5,570) | |
| Designated revenue fund Restricted funds: |
42,888 | (37,990) | 4,898 | |
| Building Fund | 85,980 | (61.495) | 24,485 | |
| 3.23,146 | (299,333) | 24,485 |
| Unrestricted | Designated | Restricted | Total | Prior | |
|---|---|---|---|---|---|
| Funds | ,Funds | Funds | Year | ||
| £ | £ | £ | £ | £ | |
| Donations and gifts from | |||||
| individuals | |||||
| Online transfer | 100,753 | 100.753 | 111.149 | ||
| Weeklyoffering | 24,931 | 24.931 | 10,353 | ||
| Stewardship | 37,771 | 37,771 | 37,225 | ||
| Gift Aid | 30.473 | 30.473 | 33.361 | ||
| CAP Donations | 42.888 | 42.888 | 32,914 | ||
| Paypal donations | 1 | ||||
| OnlineTransfer | 69.830 | 69,830 | 60,980 | ||
| (buildings account) | |||||
| Weekly offering (buildings | |||||
| account) | |||||
| Stewardship(buildings | 16,150 | I 6,150 | 13.521 | ||
| account) | |||||
| Miscellaneous income | 350 | 350 | |||
| BanklnlercstReceived | 31 | ||||
| Total donations nod gifts from | 194.278 | 42,888 | 85,980 | 323.146 | 299~35 |
| individuals |
| Greenlsland Baptist Church | Greenlsland Baptist Church | Greenlsland Baptist Church | |||
|---|---|---|---|---|---|
| Notes to the ftnanclal statements | |||||
| for the yeare·nded31August | 2023 | ||||
| 23. Investment Income |
|||||
| Unrestricted | Designated | Restricted | Total | Prior | |
| Funds | Funds | Funds | Year | ||
| £ | £ | £ | £ | £ | |
| BankInterest Receivable | 31 | ||||
| TotalInvestmentIncome | 31 | ||||
| 24. Expenditure on charitable activities- direct spending |
|||||
| Unrestricted | Designated | Restricted | Total | Prior | |
| Funds | Funds | Funds | Year | ||
| £ | £ | £ | £ | £ | |
| GrossWagesandSalaries - charitable activities |
112,506 | 112,506 | 51,591 | ||
| EmployersNI-Charitable | |||||
| activities | |||||
| Defined contribution pension costs - Charitable activities |
7;1.74 | 7.).74 | 2.S64 | ||
| Income Insurance Staffexpenses Giftsand acknowledgements |
2,746 983 |
2,746 983 |
38S 794 172 |
||
| Guest Speakers Training costs andABCI CollegeSuppon |
415 5,017 |
415 5,017 |
2.48S | ||
| Repairs& Maintenance Public Liability Insurance Utilities ABClmembershipand administration |
10,733 1.751 14,567 3,457 |
10,733 1,751 14,567 3,457 |
5,044 1.710 12.015 3.601 |
||
| Stationery Computer costs Telecomsand communications |
580 2.282 2,566 |
580 2.).82 2,566 |
375 587 1.635 |
||
| Ministry ChurchOutreach Christians Against Poverty |
5,228 4.441 |
37.910 | 5.).28 4,441 37,910 |
630 2,517 24,448 |
|
| Missionary Hospitality/ general |
22,040 380 |
22,040 380 |
22.256 595 |
||
| expenses | |||||
| 196,966 | 37,9f0 | 234,876 | 133.404 |
| 25. | Supportcosts for charitable activities | Supportcosts for charitable activities | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Prior | |||
| Funds | Funds | Funds | Year | ||||
| £ | £ | £ | £ | ||||
| Bank | c.harges | 165 | 80 | 245 | 155 | ||
| Bank | charges (Buildings | 54 | S4 | 48 | |||
| account) | |||||||
| Governance Costs | 900 | 900 | 100 | ||||
| Loan | Interest | 24.622 | 24,622 | 26~33 | |||
| Depreciation& | 1,817 | 36,819 | 38,636 | 38,124 | |||
| Amortisation | |||||||
| 2,882 | 80 | 61,495 | 64,457 | 64,660 | |||
| 26. | Total charitable expenditure | ||||||
| Unreslricted | Restricted | Endowment | Total | Prior | |||
| Funds | Funds | Funds | Year | ||||
| £ | £ | £ | £ | £ | |||
| Total | direct spending | 196,966 | 37,9IO | 234,876 | 133,404 | ||
| Total | suppon costs | 2.882 | ~o | 61.495 | 64,457 | 64.660 |