2021-03-31-accounts - Yeldall Christian Centres

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Legal and Administrative
Chair ofTrustees' Report
Trustees' Report			4 -15
Auditors' Report			16-18
Statement of Financial Activities (including	Income and Expenditure	Account)	19
Balance Sheet			20
Statement ofCash Flows			21
Notes to the Financial Statements			22-34

						Total	Total
				Unrestricted	Restricted	Funds	Funds
			Note	Funds	Funds	2021	2020
				E	f	f	f
Income
Donations, legacies and		similar
income			2	463,704	233,070	696,774	592,537
investment income				175		175	53
income from charitable		activities	3	656,074	25,644	681,718	628,019
Other income			4	10,364	10,531	20,895	19,797
Total Income				1,130,317	269,245	1,399,562	1,240,406
Expenditure
Costs ofraising funds			5	94,753		94,753	59,039
Charitable activities			6	1,186,247	49,114	1,235,361	1,256,463
Total Expenditure				1,281,000	49,114	1,330,114	1,315,502
Net (expenditure)/income			8	(150,683)	220,131	69,448	(75,096)
Transfers between	reserves		14/15	214,775	(214,775)
Net movement in	funds			64,092	5,356	69,448	(75,096)
Balances brought	forward			775,155	35,098	810,253	885,349
Balances carried forward				839,247	40,454	879,701	810,253

				Note		2021		2020
						6		6
Fixed Assets
Tangible Assets				10		668,625		658,118
Current Assets
Debtors and prepayments				11	122,037		109,698
Cash at bank and	in hand				257,367		89,693
					379,404		199,391
Creditors: Amounts		falling due within one year		12	(64,328)		(47,256)
Net Current Assets						315,076		152,135
Total Assets less current			liabilities			983,701		810,253
Creditors: Amounts		falling due after more than
one year				13		(104,000)
Net Assets						979,701		910,292
Capital and Reserves
Unrestricted Funds
General Funds				15		115,559		83,818
Designated Funds				15		55,063		33,219
Capital Funds				15		668,625		658,118
						839,247		775,155
Restricted Funds				14		40,454		35,098
						879,701		810,253

FOR THE YEAR EN	DE	D 31MARCH 2	021
			Note	2021	2020
					f
Cash flow from operating	activities		23	101,375	549
Cash flow from investing	activities
Payments to acquire tangible		fixed assets		(56,878)
Receipts from sales oftangible		fixed assets		3,000
Interest received				175	53
Net cash flow from investing		activities		(53,703)	53
Cash flow from financing	activities
Receipts from new long term		loans		120,000
Net cash flow from financing		activities		120,000
Net increase in cash and	cash	equivalents		167,672	602
Cash and cash equivalents	at	1April 2020		89,693	89,091
Cash and cash equivalents	at	31March 2021	24	257,365	69,693

Kitchen equipment	-evenly over eight years
Barn	-evenly over fifteen years
Estate equipment	-evenly over two to five years
Computer equipment	-evenly over two to three years
Motor vehicles	- 25'Yo on reducing balance
Freehold buildings	-over fifty years
Freehold land	- is not depreciated

	General	Restricted	Total	General	Restricted	Total
	Funds	Funds	Funds	Funds	Funds	Funds
	2021	2021	2021	2020	2020	2020
	f	f	f			f
Individual	272,344	124,562	396,906	178,289	132,733	311,022
Church	64,422	625	65,047	70,196	11,716	81,913
Trust	70,920	56,650	127,570	69,285	36,200	105,485
Income Tax Recovery	50,532	18,660	69,192	47,922	6,719	54,641
Events	5,486	32,573	38,059	7,589	31,288	38,877
Legacies				600		600
	463,704	233,070	696,774	373,881	218,656	592,537

		General	Restricted	Total	General	Restricted	Total
		Funds	Funds	Funds	Funds	Funds	Funds
		2021	2021	2021	2020	2020	2020
		f	f		f		f
Phases	1&2	375,432		375,432	392,047		392,047
Phase	3	92,480		92,480	103,783		103,783
Phase	4	128,724		128,724	132,189		132,189
Grant	Income	59,438	25,644	85,082
		656,074	25,644	681,718	628,019		628,019

THER INCOME
	General	Restricted	Total	General	Restricted	Total
	Funds	Funds	Funds	Funds	Funds	Funds
	2021	2021	2021	2020	2020	2020
	f	f		f	f	f
Surplus on Disposal of
Fixed Assets	1,301		1,301
Rental Income	6,404		6,404	11,348		11,348
Estate Income	2,559		2,559	2,417		2,417
Sundry Income	100	10,531	10,631	1,898	4,134	6,032
	10,364	10,531	20,895	15,663	4,134	19,797

		Unrestricted	Unrestricted
		Funds	Funds
		2021	2020
		f	E
Staff costs		69,117	25,600
Insurance		1,279	1,219
Office costs		4,454	5,325
Consultancy	fees	7,045	10,985
Events		2,536	7,145
Newsletter		5,960	7,980
Other costs		4,362	785
		94,753	59,039

HARITABLE	EXPENDITURE
		Direct	Support	Total	Direct	Support	Total
		costs	costs	Funds	costs	costs	Funds
		2021	2021	2021	2020	2020	2020
		E	f	E	E	E	E
Staff costs		711,293	107,349	818,642	656,765	105,211	761,976
Resident costs		64,562		64,562	96,031	22	96,053
Transport		11,866	87	11,953	22,075	1,011	23,086
Property		173,883	25	173,908	145,720	35	145,755
Insurance		20,464	3,837	24,301	18,404	3,657	22,061
Training and	recruitment	22,831	834	23,665	41,861	1,697	43,558
Office costs		22,335	4,749	27,084	19,658	5,970	25,628
Professional	fees	10,392	17,818	28,210	59,352	10,414	69,766
Governance			3,372	3,372		3,372	3,372
Marketing		531	1,882	2,413	9,806		9,806
Depreciation			44,671	44,671		45,834	45,834
Bank charges		168	1,673	1,841		2,070	2,070
Other costs		6,065	4,675	10,740	4,795	2,703	7,498
		1,044,390	190,972	1,235,362	1,074,467	181,996	1,256,463

GOVERNANCE
	2021	2020
	f	f
Audit fees	3,372	3,372

This is stated after charging:
	2021	2020
	f	f
Depreciation	44,672	43,555
(Profit) Loss on disposal offixed assets	(1,301)	2,279
Operating Lease rentals	33,679	32,077
Audit fees	3,372	3,372

STAFF COSTS
		2021	2020
		f	f
Wages and salaries		789,851	699,391
Social Security	costs	63,006	55,439
Pension expense		29,378	25,381
Life insurance	costs	5,474	4,545
Volunteer expenses		50	2,820
		887,759	787,576
Staff costs have	been allocated as follows:
		2021	2020
		f	f
Costs of raising	funds	69,117	25,600
Charitable activities (direct costs)		711,293	656,765
Charitable activities (support costs)		107,349	105,211
		887,759	787,576

		Total	employees	Full time	equivalent
		2021	2020	2021	2020
Drug and alcohol rehabilitation		27	26	24	21
Management	and administration	6	6	3	3
Fund-raising	and publicity	1	1	1	1
		34	33	28	25

ANGIBLE FIXED ASSETS
			Plant,
	Freehold	Motor	machinery
	buildings	vehicles	&fittings	Total
Cost or valuation	E	E	f	E
At 1April 2020	513,356	31,738	816,693	1,361,787
Additions		14,000	42,878	56,878
Disposals		(12,238)		(12,238)
At 31March 2021	513,356	33,500	859,571	1,406,427
Depreciation
At 1April 2020	80,864	26,300	596,505	703,669
Charge for the year	9,393	4,434	30,845	44,672
Disposals		(10,539)		(10,539)
At 31March 2021	90,257	20,195	627,350	737,802
Net Book Value
At 31March 2021	423,099	13,305	232,221	668,625
At 31March 2020	432,492	5,438	220,188	658,118

EBTORS
		2021	2020
		E	E
Trade debtors		24,437	28,770
Other debtors		5,188	26,313
Prepayments		22,504	39,122
Income Tax recoverable		69,908	15,493
		122,037	109,698
REDITORS: Amounts	falling due within one year
		2021	2020
		E
Bank loan		16,000
Trade creditors		9,606	13,826
Taxes and Social Security		17,916	15,825
Accruals and deferred	income	13,237	11,834
Other creditors		7.569	5,771
		64,328	47,256

REDITORS: Amounts falli	ng due after more than o	ne year
		2021	2020
Bankloan		104,000
		104,000
Bank loans are repayable	as follows:
		2021	2020
		E	E
Between one and two years		24,000
Between two and five years		72,000
Over five years		8,000
		104,000

RESTRICTED FUN	DS
			Balance	Income	Expenditure	General	Balance at
			at 1April			Transfers	31March
			2020				2021
			E				E
Capital Developments		Fund	30,956	46,715	(10,308)	(37,168)	30,195
Non-Residential	Housing		1,584	1,260	(800)		2,044
Good Samaritan	Fund			167,336		(167,336)
Residents' Development				271		(271)
Manor Projects			2,558	28,018	(12,361)	(10,000)	8,215
Adult Social Care	Rapid			7,089	(7,089)
Testing Fund
Infection Control	Fund			18,556	(18,556)
			35,098	269,245	(49,114)	(214,775)	40,454

			Balance				Balance at
			at 1April			General	31March
			2020	Income	Expenditure	Transfers	2021
			E	f	E	E	f
Designated	funds
Manor Christmas				616	(353)		263
Ball Legacy			13,419		(1,519)		11,900
One-off Expenses			10,000			28,000	38,000
Greenshoots	Licence		9,800		(4,900)		4,900
			33,219	616	(6,772)	28,000	55,063
Capital Fund	- Fixed	Assets	658,118	1301	(44,671)	53,877	668 625
General unrestricted		funds	83,818	1,128,400	(1,229,557)	132,898	115,559
			775,155	1,130,317	(1,281,000)	214,775	839,247

NALYSIS O	F NET AS	SETS BETWEEN FU	NDS
			Tangible	Current	Long	Total
			assets	assets/	Term
				(liabilities)	liabilities
				E	f
Restricted	reserves			40,454		40,454
Designated	reserves			55,063		55,063
Capital reserves			668,625			668,625
General unrestricted		reserves		219,559	(104,000)	115,559
			668,625	315,076	(104,000)	879,701

OVEMENT OF FUNDS
	Unrestricted		Reserves		Restricted
	General	Designated		Capital	Reserve	Total
	E		E	E	E	E
Balance at 1April 2020	83,818		33,219	658,118	35,098	810,253
Income	1,128,400		616	1,301	269,245	1,399,562
Expenditure	(1,229,557)		(6,772)	(44,671)	(49,114)	(1,330,114)
General Transfers	132,898		28,000	53,877	(214,775)
Balance at31March 2021	115,559		55,063	668,625	40,454	879,701

23.	CASH GENERATED FROM	CASH GENERATED FROM	OPERATIONS	OPERATIONS
					2021		2020
					E		E
	Net movement in funds				69,448	(75,096)
	Adjustments	for:
	Interest receivable				(175)		(53)
	Depreciation	oftangible	fixed	assets	44,672	43,555
	(Profit)/loss	on disposal	oftangible fixed assets		(1,301)		2,279
	Movements	in working	capital:
	Decrease/(increase) in debtors				(12,339)	25,666
	Increase/(decrease) in creditors				1,072		4,198
	Net cash flow from operating			activities	101,375		549
24.	ANALYSIS OF	CHANGES IN NET		FUNDS
					Balance at		Balance at
					1April	Cash	31	March
					2020	flows		2021
					f	E		E
	Cash at bank	and in hand			89,693	167,674	257,367
	Bank Loan					(120,000)	(120,000)
					89,693	47,674	137,367