2020-12-31-accounts

			Page
Reference and administrative		details ofthe charity, its Trustees and advisers
Trustees' report			2-5
Independent auditors'	report	on the financial statements	6-9
Statement offinancial	activities		10
Balance sheet
Notes to the financial	statements		12-22

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Note	2020	2020	2020f	2019 f.
Income from:
Donations and	legacies:
Tithe				437,606		437,606	477,957
Thanks				149,609		149,609	97,319
General				8,740		8,740	62,497
Gift aid				78,225		78,225	132,776
Other trading activities:
Other trading	activities				21,721	21,721	29,641
Investments:
Other investments				49		49	181
Total income				674,229	21,721	695,950	800,371
Expenditure on:
Charitable activities				486,282	21,721	508,003	622,426
Total expenditure				486,282	21,721	508,003	622,426
				187,947		187,947	177,945
Net movement	in funds
Reconciliation	offunds:
Total funds brought		forward		2,833,177		2,833,177	2,655,232
Net movement	in funds			187,947		187,947	177,945
Total funds carried forward				3,021,124		3,021,124	2,833,177

			Note			2020				2019f
Fixed assets
Tangible assets			10			3,108,439				3,122,146
						3,108,439				3,122,146
Current assets
Debtors					95,775				14,331
Cash at bank and	in hand				181,211			161,654
					276,986			175,985
Creditors: amounts	falling due	within	one
year			12		(106,263)			(110,488)
Net current assets						170,723				65,497
Total assets less	current liabilities					3,279,162				3,187,643
Creditors: amounts	falling due	after more
than one year			13			(258,038)				(354,466)
Total net assets						3,021,124				2,833,177
Charity funds
Restricted funds			15
Unrestricted funds			15			3,021,124				2,833,177
Total funds						3,021,124				2,833,177
The financial	statements	were	approved	and	authorised	for issue		by	the	Trustees on
					and signed on their		ehalf by
UkJ					Hyun	ol Kim

	Unrestricted	Total	Total
	funds	funds	funds
	2020	2020f	2019
Donations	674,180	674,180	770,549

		Restricted	Total	Total
		funds	funds	funds
		2020	2020 F	2019f
Purchase	Building	5,512	5,512	4,865
Mission		16,209	16,209	24,776
		21,721	21,721	29,641

				Unrestricted	Total	Total
				funds	funds	funds
				2020	2020	2019
Interest	on	Liquidity	account	49	49	181

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2020	2020	2020	2019
Church	expenditure	486,282	21,721	508,003	622,426

		Activities
		undertaken	Support	Total	Total
		directly	costs	funds	funds
		2020	2020	2020	2019
Church	expenditure	323,558	184,445	508,003	622,426

Analysis o	f	direct costs (continued)
			Total	Total
			funds	funds
			2020	2019
Staff costs			227,682	236,117
Services			9,263	28,272
Conference		and event	1,802	34,043
Multimedia	equipment		9,279	13,824
Choir			3,550	4,966
Praise			361	2,474
Sunday school			4,386	45,509
Youth				6,370
Relief			4,187	2,900
Missionary			57,605	27,502
Charges/fees			1,739	4,040
Administration		expenses	3,375	2,025
New comers			329	368
			323,558	408,410
Analysis of		support costs

		Total	Total
		funds	funds
		2020	2019
Depreciation		25,550	26,743
Education		2,554	7,127
Loss on fixed	asset disposal	340	4,242
Trip expenses		5,085	11,424
Light and heat		27,599	21,799
Admin/building	maintenance	12,856	8,658
Interest		12,054	18,906
Insurance		5,990	5,986
Kitchenware		2,900	6,138
Repair and maintenance		70,087	75,548
Consumables		11,993	19,613
Legal and professional		7,437	7,832
		184,445	214,016

				2020	2019
Auditor's	remuneration			4,912	6,352
Fees payable to the charity's		auditor	in respect of:
Auditor's	non audit costs			435	435

Staff costs
				2020	2019
Wages and	salaries			205,332	212,763
Social security costs				16,514	18,316
Contribution	to defined	contribution	pension schemes	5,836	5,038
				227,682	236,117

2020	2019
No.	No.

	Freehold	Motor	Office
	property	vehicles	equipment	Total
Cost or valuation
At 1 January 2020	3,245,526	34,000	113,175	3,392,701
Additions			12,183	12,183
Disposals			(2,912)	(2,912)
At 31 December 2020	3,245,526	34,000	122,446	3,401,972

to the financial statements year ended 31 December 2020 Tangible fixed assets (continued)
	Freehold	Motor	Office
	property	vehicles	equipment	Total
Depreciation
At 1 January 2020	169,320	31,080	70,155	270,555
Charge for the year	14,508	584	10,458	25,550
On disposals			(2,572)	(2,572)
At 31 December 2020	183,828	31,664	78,041	293,533
Net book value
At 31 December 2020	3,061,698	2,336	44,405	3,108,439
At 31 December 2019	3,076,206	2,920	43,020	3,122,146

Debtors
		2020	2019
Due within one year
Other debtors		81,594	8,618
Prepayments	and accrued income	14,181	5,713
		95,775	14,331

		2020	2019
Bank loans		96,428	96,428
Accruals and deferred	income	9,835	14,060
		106,263	110,488

					2020f	2019
	Bank loans				258,038	354,466
14.	Financial	instruments
					2020	2019
	Financial assets
	Financial assets measured		at fair value through	income and expenditure	181,211	161,654

Statemen	t offunds - current year
					Balance at
		Balance at 1			31
		January			December
		2020	Income f	Expenditure	2020
Unrestricted funds
General	Funds - all funds	2,833,177	674,229	(486,282)	3,021,124
Restricted funds
Purchase	of new building		5,512	(5,512)
Missionary			16,209	(16,209)
			21,721	(21,721)
Total of	funds	2,833,1T7	695,950	(508,003)	3,021,124
Statement offunds - prior year
					Balance at
		Balance at			31
		1 January			December
		2019	income	Expenditure	2019
			F		P
Unrestricted funds
General	Funds - all funds	2,650,657	770,730	(588,210)	2,833,177
Restricted funds
Purchase	of new building	4,575	4,865	(9,440)
Missionary			24,776	(24,776)
		4,575	29,641	(34,216)
Total of	funds	2,655,232	29,641	(622,426)	2,833,177

Summary	offunds - current year
					Balance at
		Balance at 1			31
		January			December
		2020	Income	Expenditure	2020
General funds		2,833,177	674,229	(486,282)	3,021,124
Restricted	funds		21,721	(21,721)
		2,833,177	695,950	(508,003)	3,021,124
Summary	offunds - prior year
					Balance at
		Balance at			31
		1 January			December
		2019	Income	Expenditure	2019
General funds		2,650,657	770,730	(588,210)	2,833,177
Restricted	funds	4,575	29,641	(34,216)
		2,655,232	800,371	(622,426)	2,833,177

Analysis	ofn	et assets between funds - current period
			Unrestricted	Total
			funds	funds
			2020	2020
Tangible	fixed	assets	3,108,439	3,108,439
Current	assets		276,986	276,986
Creditors	due	within one year	(106,263)	(106,263)
Creditors	due	in more than one year	(258,038)	(258,038)
Total			3,021,124	3,021,124

year en Analysis	ded 31 December 2020 of net assets between funds (continued)	ded 31 December 2020 of net assets between funds (continued)
Analysis	of net assets between funds - prior period
			Unrestricted	Total
			funds	funds
			2019	2019
Tangible	fixed	assets	3,122,146	3,122,146
Current	assets		175,985	175,985
Creditors	due	within one year	(110,488)	(110,488)
Creditors	due	in more than one year	(354,466)	(354,466)
			2,833,177	2,833,177