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2020-12-31-accounts

Page
Trustees' Report
Receipts and Payments
Statement ofAssets and Uabilities
Notes tothe Accounts
Independent
Examiner's
Report

January2020 December 2020
Mrs Carol Dadswell, Chair Mrs Carol Dadswell, Chair
Mr Tim Gilbert Mr Tim Gilbert
Mrs Sandra Gilbert (NLT President) Mrs Sheila Milligan
Mrs Sharon Jones (NLT Finance Director) Mrs Tina Stevens (NLT President)
Mrs Ruth White Mrs Margaret Toy (NLT Finance Director)
Mrs Ruth White

R ECEIPTS AND
PA
31
YMENTS
FOR
DECEMBER
THE YEAR
2020
ENDED
Restricted
Spedal
General Purpose 2019
Fund Fund 2020 (restated)
f f f f
INCOME
Donations
(including
legacies) 27,901 27,901 11,437
KYBstudies receipts 4,652 4,652 7,687
Newslink
receipts
230 230 212
Conference receipts 4,213 4,213 11,989
Know Your Bible week 100 100 613
Gift aid rebate 928 928
Other income 314 314 566
Interest received 38 47 131
TOTAL INCOME 38,376 38,385 32,635
EXPENDITURE
Tithe to IB(including sales tithe) 3,115 3,115 2,000
Conference costs 6,991 6,991 7,262
Royalties 300 300 600
KYBstudies
—printing
and other costs 2,604 2,604 3,316
Newslink
-printing
and other costs 1,353 1,353 2,725
Promotion 75 75 871
Postage, printing
and stationery
338 338 381
Accountancy 516
Accounting
software
12 12
Website costs 342 342 128
Travel and accommodation 828 828 2,048
Other costs (note 2) 1,610 1,610 718
Depreciation 66 66 89
TOTAL
EXPENDITURE
17,634 17,634 20,654
Net income/(expenditure) 20,742 20,751 11,981
Transfer
Total funds brought forward 52,547 10,586 63,133 51,152
Total funds carried forward 73,289 10,595 83,884 63,133

31
DECEMBER
2020
2019
2020 (restated)
FIXED ASSETS
Equipment
(see note 3)
200 266
CURRENT ASSETS
Stock: KYBbooks 9,786 10,573
CASH fUNDS
Current account (General use) 6,049 1,865
Current account,
KYBstudies (General use)
4,896 5,254
Current account,
KYBweek (General use)
3,190 5,241
Deposit account (General use) 42,124 19,440
Deposit account (Restricted use) 10,595 10,586
Area bank accounts (General use) 6,909 9,908
Petty cash 135
73,898 52,294
TOTAL CURRENT ASSETS 83,684 62,867
TOTAL ASSETS 83,884 63,133
CHARITY
FUNDS
Unrestricted
General
Fund
73,289 52,547
Restricted Special Purpose
Fund
10,595 10,586
TOTAL CHARITY FUNDS 83,884 63,133