REGISTERED CHARITY NUMBER: 1024015
Report of the Trustees and
Audited Financial Statements
for the Year Ended 5 April 2021
for
ST. GEORGE AND ST. ATHANASIOUS COPTIC ORTHODOX CHURCH
Botros & Co
Chartered Accountants
Statutory Auditors
4 Northwest Business Park
Servia Hill
Leeds
West Yorkshire
LS6 2QH
ST. GEORGE AND ST. ATHANASIOUS COPTIC
ORTHODOX CHURCH
Contents of the Financial Statements for the Year Ended 5 April 2021
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Page |
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Report of the Trustees |
1 |
to |
2 |
Report of the Independent Auditors |
3 |
to |
5 |
Statement of Financial Activities |
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6 |
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Balance Sheet |
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7 |
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Notes to the Financial Statements |
8 |
to |
12 |
Detailed Statement of Financial Activities |
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13 |
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ST. GEORGE AND ST. ATHANASIOUS COPTIC ORTHODOX CHURCH
Report of the Trustees for the Year Ended 5 April 2021
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreport with
thefinancialstatementsofthecharityfortheyearended5April2021.Thetrusteeshaveadoptedtheprovisions of
AccountingandReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparing their
accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
01024015 (England and Wales)
Registered Charity number
1024015
Registered office
40 Kingston Drive
Whitley Bay
Tyne & Wear
NE26 1JJ
Trustees
H G Bishop Antony
Dr S Asaad
Mr M Guirguis
Mrs L Eskander
Mr S Nashed
Mr M Mikhail
Company Secretary
Dr S Asaad
Auditors
Botros & Co
Chartered Accountants
Statutory Auditors
4 Northwest Business Park
Servia Hill
Leeds
West Yorkshire
LS6 2QH
Bankers
Lloyds Bank plc
69 Bedford Street
North Shields
Tyne and Wear
NE29 0AU
Committee
1. H G Bishop Antony Chairman
2.Dr Seif Asaad Secretary
3.Dr Magdy Eskander
4.Mr Stephen Abdulla
5.Miss Christin Henen
6.Dr Amir Michael Treasurer
Page 1
ST. GEORGE AND ST. ATHANASIOUS COPTIC
ORTHODOX CHURCH
Report of the Trustees for the Year Ended 5 April 2021
STATEMENT OF TRUSTEES' RESPONSIBILITIES
Thetrustees(whoarealsothedirectorsofSt.GeorgeandSt.AthanasiousCopticOrthodoxChurchforthepurposes of
companylaw)areresponsibleforpreparingtheReportoftheTrusteesandthefinancialstatementsinaccordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Companylawrequiresthetrusteestopreparefinancialstatementsforeachfinancialyearwhichgiveatrueandfair view
ofthestateofaffairsofthecharitablecompanyandoftheincomingresourcesandapplicationofresources,including the
incomeandexpenditure,ofthecharitablecompanyforthatperiod.Inpreparingthosefinancialstatements,the trustees
are required to
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charity SORP;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonableaccuracyatany time
thefinancialpositionofthecharitablecompanyandtoenablethemtoensurethatthefinancialstatementscomply with
theCompaniesAct2006.Theyarealsoresponsibleforsafeguardingtheassetsofthecharitablecompanyandhence for
taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
-
there is no relevant audit information of which the charitable company's auditors are unaware; and
-
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
AUDITORS
The auditors, Botros & Co, will be proposed for re-appointment at the forthcoming Annual General Meeting.
ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompaniesAct2006relating to
small companies.
Approved by order of the board of trustees on 10 September 2021 and signed on its behalf by:
Charity secretary
Dr S Asaad - Secretary
Page 2
Report of the Independent Auditors to the Trustees of St. George and St. Athanasious Coptic Orthodox Church
Opinion
WehaveauditedthefinancialstatementsofSt.GeorgeandSt.AthanasiousCopticOrthodoxChurch(the 'charitable
company')fortheyearended5April2021whichcomprisetheStatementofFinancialActivities,theBalanceSheet and
notestothefinancialstatements,includingasummaryofsignificantaccountingpolicies.Thefinancial reporting
frameworkthathasbeenappliedintheirpreparationisapplicablelawandUnitedKingdomAccountingStandards (United
Kingdom Generally Accepted Accounting Practice).
-
In our opinion the financial statements:
-
give a true and fair view of the state of the charitable company's affairs as at 5 April 2021 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
WeconductedourauditinaccordancewithInternationalStandardsonAuditing(UK)(ISAs(UK))andapplicablelaw. Our
responsibilitiesunderthosestandardsarefurtherdescribedintheAuditors'responsibilitiesfortheauditofthe financial
statementssectionofourreport.Weareindependentofthecharitablecompanyinaccordancewiththe ethical
requirementsthatarerelevanttoourauditofthefinancialstatementsintheUK,includingtheFRC'sEthical Standard,
andwehavefulfilledourotherethicalresponsibilitiesinaccordancewiththeserequirements.Webelievethatthe audit
evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
Inauditingthefinancialstatements,wehaveconcludedthatthetrustees'useofthegoingconcernbasisofaccounting in
the preparation of the financial statements is appropriate.
Basedontheworkwehaveperformed,wehavenotidentifiedanymaterialuncertaintiesrelatingtoeventsor conditions
that,individuallyorcollectively,maycastsignificantdoubtonthecharitablecompany'sabilitytocontinueasa going
concern for a period of at least twelve months from when the financial statements are authorised for issue.
Ourresponsibilitiesandtheresponsibilitiesofthetrusteeswithrespecttogoingconcernaredescribedinthe relevant
sections of this report.
Other information
Thetrusteesareresponsiblefortheotherinformation.Theotherinformationcomprisestheinformationincludedin the
Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Ouropiniononthefinancialstatementsdoesnotcovertheotherinformationand,excepttotheextent otherwise
explicitly stated in our report, we do not express any form of assurance conclusion thereon.
Inconnectionwithourauditofthefinancialstatements,ourresponsibilityistoreadtheotherinformationand,in doing
so,considerwhethertheotherinformationismateriallyinconsistentwiththefinancialstatementsorour knowledge
obtainedintheauditorotherwiseappearstobemateriallymisstated.Ifweidentifysuchmaterialinconsistencies or
apparentmaterialmisstatements,wearerequiredtodeterminewhetherthisgivesrisetoamaterialmisstatementin the
financialstatementsthemselves.If,basedontheworkwehaveperformed,weconcludethatthereisa material
misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Matters on which we are required to report by exception
WehavenothingtoreportinrespectofthefollowingmatterswheretheCharities(AccountsandReports) Regulations
2008 requires us to report to you if, in our opinion:
-
the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
-
the charitable company has not kept adequate accounting records; or
-
the financial statements are not in agreement with the accounting records and returns; or
-
we have not received all the information and explanations we require for our audit.
Page 3
Report of the Independent Auditors to the Trustees of St. George and St. Athanasious Coptic Orthodox Church
Responsibilities of trustees
AsexplainedmorefullyintheStatementofTrustees'Responsibilities,thetrustees(whoarealsothedirectorsof the
charitablecompanyforthepurposesofcompanylaw)areresponsibleforthepreparationofthefinancialstatements and
forbeingsatisfiedthattheygiveatrueandfairview,andforsuchinternalcontrolasthetrusteesdetermineis necessary
to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
Inpreparingthefinancialstatements,thetrusteesareresponsibleforassessingthecharitablecompany'sability to
continueasagoingconcern,disclosing,asapplicable,mattersrelatedtogoingconcernandusingthegoing concern
basisofaccountingunlessthetrusteeseitherintendtoliquidatethecharitablecompanyortoceaseoperations,or have
no realistic alternative but to do so.
Our responsibilities for the audit of the financial statements
WehavebeenappointedasauditorsunderSection144oftheCharitiesAct2011andreportinaccordancewiththe Act
and relevant regulations made or having effect thereunder.
Ourobjectivesaretoobtainreasonableassuranceaboutwhetherthefinancialstatementsasawholearefree from
materialmisstatement,whetherduetofraudorerror,andtoissueaReportoftheIndependentAuditorsthat includes
ouropinion.Reasonableassuranceisahighlevelofassurance,butisnotaguaranteethatanauditconducted in
accordancewithISAs(UK)willalwaysdetectamaterialmisstatementwhenitexists.Misstatementscanarisefrom fraud
orerrorandareconsideredmaterialif,individuallyorintheaggregate,theycouldreasonablybeexpectedto influence
the economic decisions of users taken on the basis of these financial statements.
Irregularities,includingfraud,areinstancesofnon-compliancewithlawsandregulations.Wedesignproceduresin line
withourresponsibilities,outlinedabove,todetectmaterialmisstatementsinrespectofirregularities,includingfraud. The
extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Our approach was as follows:
Weobtainedanunderstandingofthelegalandregulatoryframeworksthatareapplicabletotheentityand determined
that the most significant are those that relate to FRS 102 for SMEs; Laws and regulations related with Charities Act 2011.
(ISA (UK) 250 Section 'A Consideration of Laws and Regulations in an Audit of
Financial Statements' paragraph 6).
We assessed the risks of material misstatement in respect of fraud as follows:-
-
Analytical procedures used to identify any unusual or unexpected relationships.
-
Identify particular areas that were susceptible to misstatement as part of our fraud discussion management.
-
Identify any fraud risk factors in its discussion of related party relationships and transactions.
Basedontheresultsofourriskassessmentwedesignedourauditprocedurestoidentifynon-compliancewithsuch laws
andregulationsidentifiedabove;wecorroboratedourenquiriesthroughreviewofrecordswithHMRC;Weconsidered the
riskoffraudthroughmanagementoverrideand,inresponse,weincorporatedtestingofsometransactionsintoour audit
approach and tested entries throughout the year.
AfurtherdescriptionofourresponsibilitiesfortheauditofthefinancialstatementsislocatedontheFinancial Reporting
Council'swebsiteatwww.frc.org.uk/auditorsresponsibilities.ThisdescriptionformspartofourReportofthe Independent
Auditors.
Page 4
Report of the Independent Auditors to the Trustees of St. George and St. Athanasious Coptic Orthodox Church
Use of our report
Thisreportismadesolelytothecharitablecompany'strustees,asabody,inaccordancewithPart4ofthe Charities
(AccountsandReports)Regulations2008.Ourauditworkhasbeenundertakensothatwemightstatetothe charitable
company'strusteesthosematterswearerequiredtostatetotheminanauditors'reportandfornootherpurpose. To
thefullestextentpermittedbylaw,wedonotacceptorassumeresponsibilitytoanyoneotherthanthe charitable
companyandthecharitablecompany'strusteesasabody,forourauditwork,forthisreport,orfortheopinionswe have
formed.
Botros & Co
Chartered Accountants
Statutory Auditors
Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006
4 Northwest Business Park
Servia Hill
Leeds
West Yorkshire
LS6 2QH
10 September 2021
Page 5
ST. GEORGE AND ST. ATHANASIOUS COPTIC
ORTHODOX CHURCH
Statement of Financial Activities for the Year Ended 5 April 2021
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
2
Total
EXPENDITURE ON
Raising funds
3
Other
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD |
5.4.21
Unrestricted
fund
£
108,553
20
108,573
89,584
551
90,135
18,438
1,520,175
1,538,613 |
5.4.20
Total
funds
£
295,036 |
|
|
50 |
|
|
|
|
|
295,086 |
|
|
104,654
687 |
|
|
|
|
|
105,341 |
|
|
|
|
|
189,745 |
|
|
1,330,430 |
|
|
|
|
|
|
|
|
1,520,175 |
|
|
|
The notes form part of these financial statements
Page 6
ST. GEORGE AND ST. ATHANASIOUS COPTIC
ORTHODOX CHURCH
Balance Sheet 5 April 2021
Notes
FIXED ASSETS
Tangible assets
7
CURRENT ASSETS
Debtors
8
Cash at bank
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
9
Unrestricted funds
TOTAL FUNDS |
5.4.21
Unrestricted
fund
£
1,366,771
36,677
135,165
171,842
171,842
1,538,613
1,538,613
1,538,613
1,538,613 |
5.4.20
Total
funds
£
1,208,813
48,579
262,783 |
|
|
311,362 |
|
|
311,362
1,520,175 |
|
|
1,520,175 |
|
|
1,520,175
1,520,175 |
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year
ended 5 April 2021.
Themembershavenotdepositednotice,pursuanttoSection476oftheCompaniesAct2006requiringanauditof these
financial statements.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon10September2021 and
were signed on its behalf by:
S Asaad - Trustee
The notes form part of these financial statements
Page 7
ST. GEORGE AND ST. ATHANASIOUS COPTIC ORTHODOX CHURCH
Notes to the Financial Statements for the Year Ended 5 April 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Companies
Act 2006. The financial statements have been prepared under the historical cost convention.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is
probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and
theamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery- 15% on reducing balance
Fixtures and fittings- 15% on reducing balance
Motor vehicles- 25% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
INVESTMENT INCOME |
|
|
|
5.4.21 |
5.4.20 |
|
£ |
£ |
Deposit account interest |
20 |
50 |
|
|
|
|
|
|
continued...
Page 8
ST. GEORGE AND ST. ATHANASIOUS COPTIC
ORTHODOX CHURCH
Notes to the Financial Statements - continued for the Year Ended 5 April 2021
3. RAISING FUNDS
4.
Investment management costs
Donations payable:
Clergy living expenses
Telephone
Postage & stationery
Motor & travelling
Premises insurance
Rates & water charges
Professional fees
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets |
5.4.21
£
8,600
47,260
351
245
1,514
5,289
5,899
-
69,158
5.4.21
£
536 |
5.4.20 |
5.4.20 |
|
|
£ |
|
|
|
4,850 |
|
|
|
36,593
-
475
4,870
4,849
3,906
5,729 |
|
|
|
61,272 |
|
|
|
|
|
|
|
5.4.20 |
|
|
|
|
£
687 |
5. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended5April2021norfortheyear ended
5 April 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 5 April 2021 nor for the year ended 5 April 2020.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
Total
EXPENDITURE ON
Raising funds
Other
Total
NET INCOME |
Unrestricted
fund
£
295,036 |
|
50 |
|
|
|
295,086 |
|
104,654
687 |
|
|
|
105,341 |
|
|
|
189,745 |
continued...
Page 9
ST. GEORGE AND ST. ATHANASIOUS COPTIC
ORTHODOX CHURCH
Notes to the Financial Statements - continued for the Year Ended 5 April 2021
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
TANGIBLE FIXED ASSETS
Freehold
property
£
COST
At 6 April 2020
1,206,198
Additions
158,494
At 5 April 2021
1,364,692
DEPRECIATION
At 6 April 2020
-
Charge for year
-
At 5 April 2021
-
NET BOOK VALUE
At 5 April 2021
1,364,692
At 5 April 2020
1,206,198 |
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
TANGIBLE FIXED ASSETS
Freehold
property
£
COST
At 6 April 2020
1,206,198
Additions
158,494
At 5 April 2021
1,364,692
DEPRECIATION
At 6 April 2020
-
Charge for year
-
At 5 April 2021
-
NET BOOK VALUE
At 5 April 2021
1,364,692
At 5 April 2020
1,206,198 |
Plant and
machinery
£
4,618
-
4,618
4,544
11
4,555
63 |
Fixtures
and
fittings
£
28,264
-
28,264
27,164
165
27,329
935 |
Motor
vehicles
£
26,202
-
26,202
24,761
360
25,121
1,081 |
|
Unrestricted
fund
£ |
|
|
|
|
|
|
1,330,430 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,520,175 |
|
|
|
|
|
|
|
|
|
|
|
|
Totals
£
1,265,282
158,494
1,423,776
56,469
536
57,005
1,366,771 |
|
|
1,206,198 |
74 |
1,100 |
1,441 |
1,208,813 |
|
7. TANGIBLE FIXED ASSETS
8. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Income tax recoverable
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS |
At 6.4.20
£
1,520,175
1,520,175 |
|
5.4.21
£
36,677
Net
movement
in funds
£
18,438
18,438 |
|
5.4.20
£ |
|
|
|
|
|
48,579 |
|
|
|
|
|
|
|
|
|
|
At
5.4.21
£
1,538,613
1,538,613 |
|
|
|
|
|
|
|
9. MOVEMENT IN FUNDS
continued...
Page 10
ST. GEORGE AND ST. ATHANASIOUS COPTIC
ORTHODOX CHURCH
Notes to the Financial Statements - continued for the Year Ended 5 April 2021
9. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
108,573
TOTAL FUNDS
108,573
Comparatives for movement in funds
At 6.4.19
£
Unrestricted funds
General fund
1,330,430
TOTAL FUNDS
1,330,430
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
295,086
TOTAL FUNDS
295,086
A current year 12 months and prior year 12 months combined position is as follows:
At 6.4.19
£
Unrestricted funds
General fund
1,330,430
TOTAL FUNDS
1,330,430 |
|
|
Resources
expended
£
(90,135)
(90,135)
Net
movement
in funds
£
189,745
189,745
Resources
expended
£
(105,341)
(105,341)
Net
movement
in funds
£
208,183
208,183 |
|
Movement
in funds
£
18,438 |
|
|
|
|
|
18,438 |
|
|
|
|
|
At
5.4.20
£
1,520,175 |
|
|
|
|
|
1,520,175 |
|
|
|
|
|
Movement
in funds
£
189,745
189,745
At
5.4.21
£
1,538,613 |
|
|
|
|
|
1,538,613 |
continued...
Page 11
ST. GEORGE AND ST. ATHANASIOUS COPTIC ORTHODOX CHURCH
Notes to the Financial Statements - continued for the Year Ended 5 April 2021
9. MOVEMENT IN FUNDS - continued
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Incoming
resources
£
403,659
403,659 |
Resources
Movement
expended
in funds
£
£
(195,476)
208,183
(195,476)
208,183 |
Resources
Movement
expended
in funds
£
£
(195,476)
208,183
(195,476)
208,183 |
|
|
|
208,183 |
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 5 April 2021.
Page 12
ST. GEORGE AND ST. ATHANASIOUS COPTIC
ORTHODOX CHURCH
Detailed Statement of Financial Activities for the Year Ended 5 April 2021
|
5.4.21 |
5.4.20 |
|
£ |
£ |
INCOME AND ENDOWMENTS |
|
|
Donations and legacies |
|
|
Donations |
84,864 |
49,308 |
Sundry income |
23,689 |
245,728 |
|
108,553 |
295,036 |
Investment income |
|
|
Deposit account interest |
20 |
50 |
Total incoming resources |
108,573 |
295,086 |
EXPENDITURE |
|
|
Raising donations and legacies |
|
|
Church water charges |
81 |
480 |
Church light and heat |
2,354 |
4,461 |
Church repairs & renewals |
17,991 |
38,441 |
|
20,426 |
43,382 |
Investment management costs |
|
|
Donations payable: |
8,600 |
4,850 |
Clergy living expenses |
47,260 |
36,593 |
Telephone |
351 |
- |
Postage & stationery |
245 |
475 |
Motor & travelling |
1,514 |
4,870 |
Premises insurance |
5,289 |
4,849 |
Rates & water charges |
5,899 |
3,906 |
Professional fees |
- |
5,729 |
|
69,158 |
61,272 |
Other |
|
|
Plant and machinery |
11 |
13 |
Fixtures and fittings |
165 |
194 |
Motor vehicles |
360 |
480 |
Bank charges |
15 |
- |
|
551 |
687 |
Total resources expended |
90,135 |
105,341 |
Net income |
18,438 |
189,745 |
|
|
|
This page does not form part of the statutory financial statements
Page 13