| Total this | Total last year | |||||
|---|---|---|---|---|---|---|
| Descriptions | by natural category |
Notes | year | -Restated | ||
| Incoming resources | F04 | F05 | ||||
| Donations, legacies |
and | Grants | 93,749 | 125,000 | ||
| Dividends Received |
8,396 | 16,288 | ||||
| Interest Received | 16 | 99 | ||||
| Totalincoming resources | 102,161 | 141,387 | ||||
| Resources expended | ||||||
| Donations and Grants | 159,884 | 120,760 | ||||
| Bank charges | 68 | |||||
| Total resources expended | 159884 | 120,828 | ||||
| Net incoming/(outgoing) | resources before transfers | (57,723) | 20,559 | |||
| Gross transfers between funds | ||||||
| Net incomingl(outgoing) resources before other |
||||||
| recognised gains/(losses) | 57,723 | 20,559 | ||||
| Other recognised | gains/(losses) | |||||
| Gains and losses on | investment assets |
9,221 | ||||
| Net movement in funds |
(48,502) | 20,559 | ||||
| Total funds brought | forward - restated | 615,465 | 594,906 | |||
| Total funds carried forward | 566963 | 615465 |
| 9,221 | |
|---|---|
| (48,502) | 20,559 |
| 615,465 | 594,906 |
| 566,963 | 615,465 |
| Total last year- | ||||||
|---|---|---|---|---|---|---|
| Note | Total this | year | Restated | |||
| Fixed assets | F01 | F02 | ||||
| investments | 536,802 | 527,581 | ||||
| Total fixed assets | 36,802 | 527,581 | ||||
| Current assets | ||||||
| Cash at bank and | in hand | 0,161 | 87,884 | |||
| Total current assets | 30,161 | 87,884 | ||||
| Total assets less current liabi/itles | 566,963 | 615,465 | ||||
| Net assets | 566,963 | 615,465 | ||||
| Funds ofthe Charity | ||||||
| Total unrestricted | funds -restated | 566,963 | 615,465 | |||
| Total funds | 566,963 | 615,465 | ||||
| Signed by G Howard | on behalf ofail the trustees | Sf | ture | Date ofap roval |
||
| 141 Lt |
| Note 2 | |||||||
|---|---|---|---|---|---|---|---|
| Accounting | policies | ||||||
| INCOMING RESOURCES | |||||||
| Recognttton | ofincoming | These are induded in the Statement ofFinancial Activities (SoFA) when: |
|||||
| resources | ~ the charity becomes entitled to the resources; |
||||||
| ~ the trustees are virtually certain they will receive the resources; and |
|||||||
| ~ the monetary value can be measured with sufficient reliability. |
|||||||
| Incoming resources with | Where incoming resources have related expenditure (as with fundraising |
orcontract income) | |||||
| related expenditure | the incoming resources and related expenditure are reported gross in the |
SoFA. | |||||
| Grants and | donations | Grants and donations are only induded in the SoFA when the charity has |
unconditional | ||||
| entitlement to the resources. |
|||||||
| Tax reclaims | on donations | Incoming resources from tax reclaims are induded in the SoFA at the same time as the |
gI to | ||||
| and gifts | which they relate. | ||||||
| Contractual | Income and | This is only included in the SoFA once the related goods or services have |
been delivered. | ||||
| performance | related grants | ||||||
| Gifts in kind | Gifts in kind are accounted for at a reasonable estimate oftheir value to the charity or the amount actually realised. |
||||||
| Gifts in kind for sale or distribution are induded in the accounts as gifts only when sold or |
|||||||
| distributed by the charity. |
|||||||
| Gifts in kind for use by the charity are induded in the SoFAas incoming resources when |
|||||||
| receivable. | |||||||
| Donated services and | These are only included in incoming resources (with an equivalent amount |
in resources | |||||
| faciINes | expended) where the benefit to the charity is reasonably quantifiable, measurable and |
||||||
| material. The value placed on these resources is the estimated value to |
the charity ofthe | ||||||
| service or facility received. | |||||||
| Volunteer help |
The value ofany voluntary help received is not included in the accounts but is described trustees' annual report |
in the | |||||
| Investment | Income | This is induded in the accounts when receivable. |
|||||
| Investment | gains and losses | This indudes any gain or loss on the sale ofinvestments and any gain or |
loss resulting | from | |||
| revaluing investments to market value at the end ofthe year. |
|||||||
| EXPENDITURE AND | LIABILITIES | ||||||
| Liability recognltlon | Uabilities are recognised as soon as there is a legal or constructive obligation committing |
the | |||||
| charity to pay out resources. | |||||||
| Grants with conditions |
performance | Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient ofthe |
|||||
| grant has provided the specified service or output. |
|||||||
| Grants payable without performance conditions |
These are only recognised in the accounts when a commilment has been made and there no conditions to be met relating to the grant which remain in the control ofthe charity. |
are | |||||
| ASSETS | |||||||
| Tangible fixed assets for use by charity |
These are capitalised ifthey can be used for more than one year, and cost at least 6500. are valued at cost or a reasonable value on receipt. |
They | |||||
| Investments | Investments quoted on a recognised stock exchange are valued at market value at the |
year | |||||
| end. Other investment assets are induded at trustees' best estimate ofmarket value, |
|||||||
| Stocksand | workinprogress | These are valued at the lower of cost or market value. |
| This year | Last year | ||||
|---|---|---|---|---|---|
| Analysis | |||||
| Monetary | Donations | 93,749 | 125,000 | ||
| Dividends | received | 8,396 | 16,288 | ||
| Total | 102,145 | 141,288 |
| Note 4 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Grantmaklng | |||||||||
| Grants to | Grants to | ||||||||
| Institutions | individuals | This Year | Last Year | ||||||
| Purpose | for which grants made | ||||||||
| Su crt ofevangelis5c outreach, |
health and educational | work | 155,884 | 4,000 | 159,884 | 120,760 | |||
| Total | 166,884 | 4,0DD | 169,884 | 120,760 | |||||
| Grants made | |||||||||
| Total | |||||||||
| Names ofinstitutions | amount | of | |||||||
| grants paid 6 | |||||||||
| 3 | 250 | ||||||||
| BARNWELL BAPTIST CHURCH | 500 | ||||||||
| BESOMOF CAMBRIDGE | 1 | 000 | |||||||
| BETELOF BRITAIN | 4,000 | ||||||||
| CH CENTRAL PRESTON | 3 | 000 | |||||||
| CHRIST CHURCH TRUMPINGTON | 3 | 000 | |||||||
| CHRIST REDEEMER YOUTH WORKER | 2 | 500 | |||||||
| CHRISTCHURCH HEMEL |
1 | 500 | |||||||
| CHRISTIANITY EXPLORED | 1 | 000 | |||||||
| CHRISTIANS IN SPORT |
5 | 000 | |||||||
| CORNERSTONE PORTSMOUTH | 500 | ||||||||
| CREWE O'STONE | 10 | 000 | |||||||
| GENR8 | 4 | 750 | |||||||
| GRACE CHURCH PORTH | RHODRI THOMAS | 3.000 | |||||||
| GREAT LAKES OUTREACH | 5 | 000 | |||||||
| GYD MEL LACY | 3,0DD | ||||||||
| HOME FOR GOOD | 4,40D | ||||||||
| HOPE CHURCH CHESTERTON | |||||||||
| HOVERAID | 800 | ||||||||
| JESUS LANE TRUST | 8,000 | ||||||||
| JON CANESSA | 3 | 750 | |||||||
| KUANZIATRUST | 8 | 000 | |||||||
| LONDON U'GROUND CH |
MALCOLM RILEY | 1 | 000 | ||||||
| MAHABBA UK | 3 | 000 | |||||||
| MISSION MACEDONIA | 4,000 | ||||||||
| NEW CATFORD | 6,000 | ||||||||
| REDEEMERWINCHESTER | 5 | 000 | |||||||
| ROMSEY MILL | 3 | 000 | |||||||
| SAFFIRES | 6 | 250 | |||||||
| SOUSTER YOUTH TRUST | 3 | 000 | |||||||
| SOUTHGATE CHURCH | 5,00D | ||||||||
| STMATTHEWS CHURCH | 1 | ODD | |||||||
| STNEOTS CHURCH | 5 | ODD | |||||||
| STPHILEMON ALICE |
8 | 500 | |||||||
| STTHOMAS KIDSGROVE | 5 | 000 | |||||||
| TERRINGTON STCLEMENT | 3 | 500 | |||||||
| T'FORMATIONS LEEDS | 9 | 684 | |||||||
| THE FRIENDS OF GEO THAPELO KHUMALO | 3 | 000 | |||||||
| THE KENSIT MEMORIA | JASON | MARRINER | 1 | 000 | |||||
| TRINITY AT FOUR | 6 | 000 | |||||||
| Total rants to institutions |
155884 |
| ~ | ~ | ~ | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Note 5 | |||||||||||||||
| Investment assets |
|||||||||||||||
| Fixed assets investments | |||||||||||||||
| Carrying value at beginning |
of | year | 527,581 | ||||||||||||
| Add: addIons to investments | at cost | ||||||||||||||
| Less: disposals at carrying | value | ||||||||||||||
| Add/(deduct): net gain/(loss) |
on revaluation | 9,221 | |||||||||||||
| Carrying value at end |
ofyear | 536,802 | |||||||||||||
| Analysis ofinvestments | |||||||||||||||
| Value atyear | Income from | ||||||||||||||
| end | investments | for | |||||||||||||
| the year | |||||||||||||||
| Securities not listed | on a | recognised | Stock | Exchange | 536,802 | 9,221 | |||||||||
| Total | 536,802 | 9,221 | |||||||||||||
| II/laterial investment |
holdings | ||||||||||||||
| Value at year | |||||||||||||||
| end | |||||||||||||||
| Investment held |
|||||||||||||||
| 5,597Ordina Shares |
in Howard | investment | Com | an | Limited | 365,812 | |||||||||
| 167,910Preference Shares in | Howard | Investment | Com | an | Limited | 167,910 | |||||||||
| 133E1 Ordinary Shares | in Howard Ventures | Limited | 2,015 | ||||||||||||
| 'i330R1 A Redeemable | Preference Shares | in Howard Ventures | Limited | 1,064 | |||||||||||
| Total | 536,802 |