2020-12-31-accounts - The People's Christian Fellowship

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				Contents
				Page
Legal and	Administrative	Information
Trustees'	Report 8 Statement ofTrustees'		Responsibilities	3-6
independent Examiner's		Report
Statement	ofFinancial	Activities
Statement	ofTotal Recognised Gains 8 Losses
Balance Sheet				10
Notes to	the Accounts			11-17

						Unrestricted
				Unrestricted	Restricted	Capital	Total Funds	Prior Period
				Funds	Funds	Funds		Total Funds
				E		E	F
INCOME FROM
Donations (Note 3) Investment Income (Note 4) Activities for Generating Funds Other Incoming Funds Total Incoming Resources				178,405 458 788 3,852 183,503	6,961 33,280 40,241		178,4Q5 458 7,749 37,132 223,744	164,229 751 5,062 3,824 'I73,866
EXPENDITURE ON
Charitable Activities (Notes 6and 7) Management 8 Administration ofthe Charity Total Resources Expended				130,478 29,925 160,403	9,952 6,240 16,192		140,430 36165 176,595	'l99,933 42 255 242,188
NET INCOME/ (EXPENDITURE)		FORTHE YEAR		23,100	24,049		47,149	68,322
TRANSFERS BETWEEN FUNDS				23,100	2,259 21,790	2,259 2,259	47,149	(68,322)
OTHER RECOGNISED
Revaluation of Freehold Land NET MOVEMENT IN FUNDS	8 Buildings		(Note 10a)		21,790	21,440 (19,181)	21,440 25,709	(68322)
Total Funds Brought Forward	at	1.1.2020		251,666 274,766	5,644 27,434	1,806,280 1,787,099	2,063,590 2,089,299	2,131,912 2,063,590
Total Funds Carried Forward	at31.12.2020 (Note 10b)			274,766	27,434	1,787,Q99	2,089,299	2,063,590

			2019
Excess i (Deficit) of Income over Expenditure		before
Realisation ofAssets			8~68 322
Revaluation of Freehold	Land 8 Property
There were no recognised	gains or losses for	the year or the prior year that are not included above.

THE PEOPL 'S CHRISTIAN FELLOWSHIP BALANCE SIIEET SAT 18fD CEM8ER 2020 xed Assds Twgibb Assets (Note 10a) 1,834,4ff2 1,859.923 Current Ass Stock Debtr)r5 INoi¥12} Cash at Bank antl In Ha 666 155 269815 212985 Creditors: Amounts fallin one INote 131 duè¥thhln Net Assgts 254 837 2,1]89,299 03 2,063.590 redftors.. Amounts fall more thats one ear C ftalandR ery Unrestricted and Restricted General FuThl INote Iobl Unrestri¢ted Capital FurKI (Note 10bl Acc mul Funds 304,459 257,310 The Bowd ol Tw5tees are 38tssfil 11e0T98ntSatk1n requlre(J to Ive an ofthg oTgaNsavon Dy Oi QS I Of tumoverand by virkn ofany wuwpnnt uNler its consbtufK)n orottMvEe. The Bogrd of Tn£tees also acknovledye their responsibitty br gnsuring It (¥garJi5n kgeps proper acwunbtya rewtds in ardan 1h the requir[ts ol the Charibes Act 2011 as nK)re lty set J1 untsr Trustees, re5wnsllltseS' in th& rwrt of the Trustees. Mr Elbha Holborough Chai Apwoved tsr swJnatute by MawernentCotThTllttee on iioi

	This is stated after crediting:	This is stated after crediting:
			2020
	Offerings 8 Donations		61?8496	8164229
	and after charging:
	Depreciation ofOwned Fixed Assets		13,423	23,863
	Independent Examiner's	Fees	3 120	2880
			E16543	E~2743
4.	INVESTMENT INCOME
	Interest Receivable		R458
5.	COSTOF INDEPENDENT	EXAMINER AND
	OTHER ACCOUNTING	SERVICES
	independent Examiner
6.	EXPENDITURE ON CHARITABLE ACTIVITIES 2020

.	EXPENDITU	RE ON CHARITABLE ACT	IVITIES 2020
			Activities	Activities
			Undertaken	Hosted by the	Support
			~Directl	Charity	Costs	Total
Donations			17,267		55,478	72,745
Events	and Activmes	(Note 9)		2,568	8,251	10,819
General	Expenditure	and Hospitality		13,498	43,368	56,866
			17,267	16,066	107,097	140,430

		Activities	Activities
		Undertaken	Hosted by	Support
		~Directl	theÃsiiiy	Costs	Total
Donations		11,270		38,933	50,203
Events	and Activities (Note 9)		6,7?4	23,402	30,176
General	Hospitality		26,838	92,716	119,554
		11,270	33,612	155,051	199,933

. ANALYSIS OF SUPPORT COSTS
	2020	2019
Employee Costs	106,343	148,153
Entertainers		180
Catering		5,935
Other	754	783
Total Support Costs	107,097	155051

. EVENTS AND AC	TIVITIES
		2020	2019
Events		250	1,915
Training		390	2,250
Music		1,581	1,'I40
Retreats			600
Other Costs		347	869
Total Costs on Furthering	Charity Aims		6774

	Motor	Land 8	Plant 8
	Vehicles	Buildings	Equipment
Cost or Valuation
At 1"January 2019	21,377	1,841,169	159,675	2,022,221
Additions		5,271	4,131	9,402
Revaluation At31"December 2019	21,377	(21,440) 1,825,000	- 163,806	(21,44Q 2,010,183
~De reciation
At 1stJanuary 2020	21,376		140,922	162,298
Charge for the Year			13,423	13,423
At 31stDecember 2020	21,376		154,345	175,721
Net BookValue
At 3182 December 2020		1,825,000	9,461	1,834,462
At 31"December 2019	'I	1,841,169	18,753	1,859,923

		2020
Balance at	1.1.2020	2,063,590	2,131.912
Revaluation Surplus for	Reserve the Year	(21,440) 47 149	~68322
Accumuiated	Funds	2,089,299	2,Q63,590
Transfer to	Capital Account
Transfer to	income Account
Capital Account		1,787,099	1,806,280
Income Account		302200	257 370
Total Reserves at31.12.2020		8~28929	82~63590

			Unrestricted	Designated	Restricted	Total
			Funds	Funds	Funds	Funds
			E			E
	At 31"December 2020
	Fixed Assets		1,834,462			1,834,462
	Current Assets		2'l2,241		57,674	269,915
	Current Liabilities		15,078			15,078
			2,031,625		57,674	2,089,299
	At 1stJanuary 2020
	Fixed Assets		1,859,923			1,859,923
	Current Assets		20?,341		5,644	212,985
	Current Liabilities		9,318			9,318
			2,057,946		5,644	2,063,590
12.	DEBTORS
					2020
	Prepayments KOther Debtors
	PAYE/NIC
	Gift Aid claimable
13.	CREDITORS: AMOUNTS	FAI	LING DUE
	WITHIN ONE YEAR
	Independent Examiner				3,120	2,880
	Trade Creditors				972	1,364
	Accrued Expenses				10986 615078	5074 E9318
14.	STAFF
	Gross Wages 8 Salaries				94,831	138,980
	Employer's Nl				7,282	12,174
	The average number of	staff	is:
15.	TRUSTEES REMUNERATION		AND EXPENSES