# ## |||Page| |---|---|---| |Report ofthe Trustees||| |Independent
Examiner's|report to the Trustees|| |Statement of Financial Activities||| |Balance Sheet||| |Notes to the Financial Statements||10to 17| ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2021|2020| |---|---|---|---|---|---| ||Note|Unrestricted|Restricted|Total funds|Total funds| |||E|||F| |INCOME|||||| |Donations
and legacies||124,292|35,971|160,263|166,829| |Income from charitable
activities||73|11,196|11,269|| |income from other trading
activities|||||| |Other trading
activities: Letting||569|||| |Investment
income|||||130| |Other income|||||| |Solar panel —Feed-in tariff||3,509||3,509|| |TOTAL INCOME||128,448|47,167|175,615|169,4?3| |EXPENDITURE|||||| |Expenditure
on charitable
activities:||(141,788)|(51,719)|(193,507)|(171,064)| |TOTAL EXPENDITURE||(141,7&&)|(51,719)|(1S3,507)|(171,064)| |NET EXPENDITURE AND NET|18|(13,340)|(4,552)|(17,892)|(1,591)| |MOVEMENT
IN FUNDS FOR THE YEAR|||||| |TRANSFERS BETWEEN FUNDS|||||| |RECONCILIATION
OF FUNDS|||||| |Total Funds brought
forward||49,340|530,158|579,498|581,089| |TOTAL FUNDS CARRIED FORWARD||36,000|525,606|561,606|579,498| ## |||||2021|2020| |---|---|---|---|---|---| ||Note|Unrestricted
F|Restricted|Total funds
f|Total funds| |FIXEDASSETS|||||| |Tangible assets||7,353|507,488|514,821|533,489| |TOTAL FIXEDASSETS||7,353|507,468|514,821|533,489| |CURRENT ASSETS|||||| |Debtors|18|2,840||2,840|3,706| |Gash at bank and in hand|20|31,822|18,138|50,060|49,059| |TOTAL CURRENT ASSETS||34,762|18,138|52,900|52,765| |LIABILITIES|||||| |Creditors
falling due within one year||{6,115)||{6,115)|{6,756)| |NET CURRENT ASSETSI{LIABILITIES)||2&,647|18,138|46,?85|46,009| |TOTAL ASSETSLESSCURRENT|||||| |LIABILITIES||36,000|525,606|561,606|579,498| |NET ASSETS||36,000|525,606|561,606|579,498| |THE FUNDS OF THE CHARITY|||||| |Unrestricted
income funds|18|36,000||36,000|49,340| |Restricted income funds|18||525,606|525„606|530,158| |TOTAL CHARITY FUNDS||38,000|525,606|561,606|579,498| ## ## ## |Jubiiee Church Shepperton|||||||||| |---|---|---|---|---|---|---|---|---|---| |Notes to the Financial Statements|||||||||| |for the year ended 31December 2021|||||||||| |ACCOUNTING
POLICIES (continued)|||||||||| |Expenditure|||||||||| |Expenditure|||||||||| |Expenditure
is accounted
for on an accruals basis and has been classified
under headings|||that|aggregate||||all cost|| |related to the category.|||||||||| |Governance
and support costs|||||||||| |Support and governance
costs incurred are apportioned
across the charitable
activities
use ofresources.||on a|basis|consistent||||with|the| |Governance
costs comprise
all costs involving
public accountability
ofthe charity and||its compliance|||with regulation||||| |and good practice.|||||||||| |Grants payable without performance
conditions|||||||||| |Where
there are no conditions
attaching
to the grant
that enables
the donor
charity
to realistically|||||||avoid||the| |commitment,
a liability for the full funding
obligation
must be recognised.|||||||||| |Basicfinancial
instruments|||||||||| |The charity only has financial assets and financial
liabilities ofa kind that qualify as basic financial||||instruments.||||Basic|| |financial
instruments
are initially
recognised
at transaction
value
and subsequently|measured|||at their|||settlement||| |value. Financial assets held at amortised cost comprise cash at bank and in hand, together|||with other||debtors. Cash||||| |at bank and in hand is defined as all cash held in instant access bank accounts and used as working capital. Financial|||||||||| |liabilities
held at amortised cost comprise
all creditors except social security and other||taxes.|||||||| |Tangible fixed assets|||||||||| |All assets costing more than E1,000are capitalised
and valued at historical cost.|||||||||| |Depreciation
is provided at the following
annual
rates in order to write offeach asset|over its estimated|||||useful life.|||| |Leasehold
property
2% on cost|||||||||| |Fittings and equipment
20% on cost|||||||||| |Solar panels
straight
line over 15years|||||||||| |Taxation|||||||||| |The charity is a registered
charity and is exempt under Part 11ofthe Corporation
Tax Act|||2010on||its||income||and| |section 256ofthe Taxation ofChargeable
Gains Act 1992on its capital gains.|||||||||| |irrecoverable
VAT is charged against the expenditure
heading
for which
itwas incurred.|||||||||| |Operating
leases|||||||||| |Rentals payable under operating
leases are charged against income on a straight-line||basis|over|the|lease term.||||| |Fund accounting|||||||||| |Unrestricted
funds
can be used
in accordance
with the charitable
objectives
at the discretion||||of the Trustees.|||||| |Designated
funds represent
funds earmarked
for specific reasons as decided by the Trustees. Further|||||explanation||||of| |the nature and purpose ofeach fund is included
in the notes to the financial statements.|||||||||| |Restricted funds can only be used for particular
restricted purposes
within the objects|ofthe charity. Restrictions arise||||||||| |when specified by the donor orwhen funds are raised for particular
restricted purposes.|||||||||| |Cash at bank and in hand|||||||||| |Cash at bank and cash in hand
includes cash and short term
highly
liquid investments||with a maturity|||||of one year||| |from the date ofacquisition
or opening ofthe deposit or similar account.|||||||||| |Creditors|||||||||| |Creditors are recognised
where the charity has a present
obligation
resulting
from|a|past|event|that||will probably|||| |result in the transfer offunds toa third party and the amount due to settle the obligation|can be measured|||||orestimated|||| |reliably. Creditors are normally
recognised at their settlement
amount after allowing for||any|trade|discounts due.|||||| |Pension costs|||||||||| |The charity operates a defined
contribution
pension scheme. Contributions
payable|for the||year|are|charged to||||the| |SoFA in the period to which they relate.|||||||||| ## ## ## |ONATIO|NS
AND LEGACIES||||| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total Funds|Total Funds| |||Funds|Funds|2021|2020| |||K|K|R|E| |Offerings
and gifts
Income tax recoverable||102,059
22,233||102&059
22,233|127,087
27,899| |Special collections and support|||35,971|35,971|11,843| |||124,292|35,971|160,263|166,829| ## ## |||||Unrestricted|Restricted|Total Funds|Total Funds| |---|---|---|---|---|---|---|---| |||||Funds|Funds|2021|2020| |||||R|R|F|| |Youth, mission||development,|and other ministries||||| |Other charitable||activities|||||| |Bookstall||||73||73|| |Guest Events|||||||| |Children's|Theatre Group (Themba)||||11,196|11,196|1,561| |||||73|11,196|11,269|1,655| ## ## |NVESTMENT INCOME||||| |---|---|---|---|---| ||Unrestricted|Restricted|Total Funds|Total Funds| ||Funds|Funds|2021|2020| ||K|F||E| |Deposit account interest|5||5|130| ||5||5|130| |THER INCOME||||| ||Unrestricted|Restricted|Total Funds|Total Funds| ||Funds|Funds|2021|2020| ||||f.|F| |Solar panel —Feed-in tariff|3,509||3,509|748| ||3,509||3,509|748| ## ## ## ## ## |y Fund|||||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total Funds|Total Funds| |||||Funds|Funds|2021|2020| ||||Note|||f.|| |Missionary|and charitable|giving|T|15,806|25,511|42,317|28,637| |Provision|ofdebt advisory|service||2,363||2,363|2,020| |Ministry||||115,834|13,514|129,348|127,119| |Activities||||7,785|11,694|19,479|13,288| |||||141,788|51,718|183,507|171,064| |ByActivity||||||| |---|---|---|---|---|---|---| ||||Activities|Support|Total Funds|Total Funds| ||||undertaken|costs|2021|2020| ||||directly|||| |||||||F| |Missionary|and charitable|giving|41,802|515|42,31T|28,637| |Provision|ofdebt advisory|service|2,323|40|2,363|2,020| |Ministry|||81,390|47,958|129,348|127,119| |Activities|||8,315|11,164|19,4T9|13,288| ||||133,830|59,677|193,507|171,064| ## ## |||Unrestricted|Restricted|Total Funds|Total Funds| |---|---|---|---|---|---| |||Funds|Funds|2021f|2020| |Commission||14,511||14,511|18,464| |Mission||780||780|450| |Special collections and individual|support||26,511|26,511|9,255| |||15,291|26,511|41,802|28,169| ## ## ||||||Donations to|Donations to|| |---|---|---|---|---|---|---|---| |Analysis|||||institutions|individuals|Total| |Charitable
giving|||||14,511||14,511| |Relief of poverty||||||27291|27,291| |Total|||||14,511|27,291|41,802| |ONATIONS IIADE TO|INSTITUTIONS||||||| |||||||Total amount of|| |Names ofinstitution|Purpose|||||donations|paid| |Commission|Charitable||giving||||14,511| |Total grants to institutions||in reporting||period|||14,511| ## ## ## ## |NALYSIS OF DIREC|T|EXPEND|ITU|RE ON|MI|NISTRY|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||Unrestricted||Total Funds|Total Funds| ||||||||||||Funds|2021|2020| |Trustees* remuneration|||||||||||51,882|51,882|52,480| |Trustees'
social security||costs|||||||||1,070|1,070|1,139| |Trustees'
pension costs|||||||||||4,150|4,150|4,080| |Wages and salaries|||||||||||14,259|14,259|12,?01| |Pension costs|||||||||||1,128|1,128|466| |Travel costs|||||||||||108|108|244| |Telephone|||||||||||697|6S7|1,746| |Young people and children|||||||||||1,304|1,304|1,759| |Guest Preachers
and|Apostolic||Oversight||||||||1,721|1,721|1,200| |Miscellaneous
pastoral|||||||||||994|994|1,809| |Publicity and website|||||||||||3,987|3„987|10,234| |Conferences,
training,|and outreach||||||||||90|90|2,460| ||||||||||||81,390|81,390|90,318| |n 2020, anil ministry costs related|||to|restricted|fund.||||||||| |NALYSIS OF DIRECT||EXPENDITURE ON ACTIVITIES|||||||||||| ||||||||Unrestricted|||Restricted||Total Funds|Total Funds| |||||||||Funds|||Funds|2021|2020| |||||||||f.|||||| |Children' s' Theatre Group (Themba)|||||||||||8,315|8,315|4,720| ||||||||||||8,315|8,315|4,720| |n 2020, E4,720 ofthe expenditure|||on|activities|related to||restricted||funds.||||| |NALYSIS OF SUPPORT COSTS|||||||||||||| ||||Ilissionary|||Provision|||||||| ||||and|charitable||ofdebt||||||Total Funds|Total Funds| |||||giving||service||Ministry|||Activities|2021|2020| |||||||R|||F|||R|| |Support Costs
Heat, light, power, and|water||||||||4,4S4||1,123|5,617|5,241| |Insurance||||||||||809|202|1,011|942| |Building maintenance|and service||||||||11,582||2,8S5|14,477|5,438| |contracts|||||||||||||| |Equipment
maintenance||and|||||||214||54|268|460| |renewals|||||||||||||| |Cleaning|||||||||9,935||2,484|12,419|9,031| |Depreciation
oftangible||fixed|||||||14,934||3,734|18,668|18,668| |assets|||||||||||||| |Printing,
photocopying|and||||||||1,166|||1,166|785| |stationery
ITsubscriptions
and sundries|||||||||2,091|||2,091|1,708| ||||||||||45,225||10,492|55,717|42,273| |Governance
Costs|||||||||||||| |Accountancy||||283|||22||1,503||370|2,178|1,980| |Independent
examiner's||fee||232|||18||1,230||302|1,782|1,620| |||||515|||40||2,733|||3,960|3,600| |||||515|||40||47,958||11,154|59,677|45,873| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |the contributions
are alloca|ted to ministry costs|and relate to unrestricte|d
funds.||| |---|---|---|---|---|---| |||||Fixtures,|| |TANGIBLE FIXEDASSETS||Leasehold|Solar|fittings and|| |||property|panels|equipment|Total| ||||E|E|E| |COST|||||| |As at 1 January 2021||644,649|15,635|3,665|863,949| |Additions|||||| |As at 31 December 2021||844,649|15,635|3,665|863,949| |DEPRECIATION|||||| |As at 1 January 2021
Charge for the year||320,288
16,893|9,378
1,042|794
733|330,460
18,668| |As at 31December 2021||337,181|10,420|1,527|349,128| |NET BOOK VALUE|||||| |As at 1 January 2021||524,361|6,257|2,871|533,489| |As at 31December 2021||507,468|5,215|2,138|514,821| |DEBTORS||||2021|2020| |Income tax recoverable||||2,067|2,937| |Prepayments
Other debtors||||273
500|269
500| |||||2,840|3,706| |CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||2021|2020| |Solar panel loan
Sundry creditors||||6,115|610
6,146| |||||6,115|6,756| ## ## ## |NALYSIS OF|IIOVEINENT|IN FUNDS||||| |---|---|---|---|---|---|---| |||Balance|Incoming|Resources||Funds| |||1Jan 2021|resources|expended|Transfers|31Dec 2021| ||||F|||| |Unrestricted|funds|||||| |General fund|||128,448|~141,788||36,000| |||49,340|128,448|(141,788)||36,00Q| |Restricted funds||||||| |Building||524,361||(16,893)||507,488| |Themba
Bags ofFood
Food Hampers||2,147
3,346
304|11,198
35,866
105|(8,315)
(26,174)
~33T||5,028
13,038
72| |||530,158|47,167|{51,719)||525,6Q6| |TOTAL FUNDS||579,498|175,815|~193,507||561,606| ## ## ## |||||||| |---|---|---|---|---|---|---| |NALYSIS O|F NET ASSETSBETWEEN FUNDS|||Net current||| ||||Tangible||assetsI|| |||fixed||assets
{liabilities)||Total| |Unrestricted|funds|||7,353|28,647|38,000| |Restricted funds||||507,468|18,138|525,606| |||||514,821|46,785|561,606| |NALYSIS OF CASH AND CASH EQUIVALENTS||||||| |||Unrestricted||Restricted|Total Funds|Total Funds| |||Fund||Funds|2021|2020| |||E|||F|| |Cash at bank||31|922
18,138||50,080|49,059| ##