## **ALBANIAN EVANGELICAL MISSION** **Charity Registration Number: 1036807** ## **Annual Report and Financial Statements** **For the year ended 31 March 2021** Simply Churches Chartered Accountants 17 Heathville Road London N19 3AL ## **ALBANIAN EVANGELICAL MISSION** ## **Annual Report and Financial Statements For the year ended 31 March 2021 Contents** ||**Page**| |---|---| |**Legal & administrative information**|**2**| |**Annual Report of the Trustees**|**3**| |**Independent Examiner's report to the Trustees**|**7**| |**Statement of financial activities**|**8**| |**Balance sheet**|**9**| |**Notes to the financial statements**|**10**| _1_ ## **ALBANIAN EVANGELICAL MISSION** ## **Legal & administrative information For the year ended 31 March 2021** **Charity Name** Albanian Evangelical Mission **Charity Registration no.** 1036807. The Charity was registered with the Charity Commission on 25 April 1994 **Registered Office** The Old Stables, Church Walk, High St, Ixworth, Bury St Edmunds, Suffolk. IP31 2HH **Governing Document** The Charity’s governing document is the Declaration of Trust dated 10 March 1994 as amended by supplemental deed dated 25 July 2002. **Objectives** The objectives of Albanian Evangelical Mission are stated as follows: A. The advancement of the Christian religion amongst Albanians. B. The relief of persons in conditions of hardship or who are aged or sick amongst Albanians. **Trustees** The Trustees who served during the year and who were serving at the date of this report were: Dr Graham Eldridge Rev Peter Cresswell Chairman Mr Andrew Jones Treasurer Mr Mark Jackson Mrs Anne Jones Mr Paul Stark Appointed xxxxxx **Key Management Personnel** Those in charge of directing, controlling, running and operating the Charity on a day to day basis are the Trustees together with Paul Davies the Director of Ministry. **Bankers** Barclays Bank 1 Churchill Place London E14 5HP **Independent Examiner** John Helm ACA Simply Churches Limited 17 Heathville Road London N19 3AL _2_ ## **ALBANIAN EVANGELICAL MISSION** ## **Annual Report of the Trustees For the year ended 31 March 2021** The Trustees submit their annual report and the financial statements of the Albanian Evangelical Mission (“the Charity”) for the year ended 31 March 2021. The financial statements have been prepared in the format prescribed by the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP2015 (FRS102)) and the Financial Reporting Standard 102. The legal and administrative information set out earlier in this document forms part of this report. ## **1. Structure, Governance & Management** ## **1.1. Trustees** Individuals who share the aims and objectives of the charity are invited to serve as trustees provided they also have the necessary experience to fulfil their duties as trustees. The induction process for any individual newly-appointed to the board of Trustees comprises an initial meeting with at least two of the Trustees (whenever possible one of these two Trustees being the Chair) and receipt of copies of: - the Trust Deed - the most recent financial statements - the Charity Commission’s guidance ‘The Essential Trustee’. The Trustees meet at regular intervals (currently twice per annum) to consider the direction of the charity and to review its financial position. Current reports of income and expenditure are presented for consideration by the trustees as a body. The Trustees have appointed an executive director to carry out the trustees' strategy, aims and objectives. The director is required to report on progress to the trustees at each trustees meeting. The Trustees meet bi-annually to discuss a full range of matters relating to strategy, project work, recruitment, finance and general administration. ## **1.2 Risk Management** The Trustees acknowledge that they have a responsibility for the identification and proper management of risks faced by the Charity in achieving its primary aims. The Trustees have therefore assessed the major risks to which the Charity is exposed, in particular those relating to the specific operational areas of the Charity and its finances. The Trustees believe that, by monitoring reserve levels, by developing controls over key financial systems, and by having the operational risks faced by the Charity reviewed, they have established systems and procedures to mitigate those risks. ## **2. Activities & Public Benefit** - The Charity’s objectives benefit the public through: - The encouragement of Charity communities which in turn practise care, compassion and honesty within their wider communities. - The provision of activities which benefit the wider community such as children’s clubs and summer camps. - The provision, where appropriate, of community facilities such as a children’s safe house. The trustees’ of AEM take the ongoing witness to the truth of the Christian gospel and the encouragement of church life amongst Albanian people to be their priorities. They also accept the responsibility of supporting Albanian churches in their desire to foster community and relieve suffering from poverty and neglect in their localities. In keeping with these aims they believe it proper to maintain a small organisation in the UK with the primary role of informing and encouraging links between UK churches and their Albanian counterparts. _3_ ## **ALBANIAN EVANGELICAL MISSION** ## **Annual Report of the Trustees For the year ended 31 March 2021** ## **3. Achievements and Performance** In keeping with the above aims, during the period April 2020 to March 2021, AEM Trustees have: - financially supported from their restricted and general funds, three missionary families in south and central Albania. - made grants to our sister organisation, registered in Albania as AEM-Misioni Ungjillor, to facilitate a permanent office in Tirana and the employment of an administrator. In addition AEM funds the full-time employment of one church leader by AEM-Misioni Ungjillor. - made further grants, reviewed on an annual basis, and drawn from both restricted gifts and general funds in support of eighteen church workers and national missionaries in Albania and Kosova, as well as the provision of suitable buildings for church activities. It is current practice, where possible, to provide grants to churches from our General Fund to augment the gifts received through us, by our Albanian partners, from UK based churches and individuals. This allows partner churches to make local decisions about their needs (including staff and buildings – the most significant expense of most churches). It remains the policy of the mission to monitor and support the work and life of our partner churches and organisations through regular visits to the region. Sadly, travel restrictions have meant that no visits have taken place since October 2019 although it has been possible to maintain close contact via electronic media. - • employed one part-time Finance Officer. Other UK based roles have been performed on a voluntary basis. Funds continue to be deployed to facilitate the flow of information to UK churches and individuals through publications, a website and representative visits. - begun seeking possible recruits for part-time, employed roles as mission representatives in the UK. In addition to the above, AEM Trustees have made grants in support of ministry projects and church based activities encompassing the following: - Provision of summer camps and year-round outreach activities involving children, youth and university/college students. - • Preparation and publication of literature, including books, flyers, newspapers and calendars, useful to missionaries and churches in their outreach and the encouragement of church life. - Conferences and seminars organised by AEM and its associates for the encouragement and training of workers. Finally and primarily based on restricted gifts, the trustees have been pleased to support the humanitarian efforts of Albanian churches, encouraged by the example of the Lord Jesus Christ himself and the desire of individuals and churches in the UK to respond to needs as they are identified and publicised in the UK by AEM. We have continued to receive funds from restricted gifts in support of a Boys’ Residential Home in Maliq, now controlled and run by Fondacion Kenedi in Korҫë. Funds are additionally sent in support of a children’s ‘Day Centre’ in Libonik. AEM also partners with the registered Albanian, Christian charity ‘Light for the Blind’ (Dritë për të Verbërit) and supports its work from both restricted and general funds. Currently this support takes the main form of an annual salary payment to the charity’s executive officer as well as subsidies to enable an annual ‘Blind Camp’. Approximately £5,175, raised through restricted gifts, has been sent to Albania to support victims of Covid-19 and their families. ## **4. Financial Review** Funding for the Charity comes mainly from donations from churches and individuals. ## **4.1 Financial Activity and Financial Position** The Statement of Financial Activities and Balance Sheet can be found on pages 8 and 9 respectively. The Charity’s reserves increased by £23,783 during the year (2020 – decreased by £6,674). The balance sheet shows total net assets of £122,564 (2020: £98,781). Included in total funds are amounts totalling £13,793 (2020: £79,577) which are restricted. These monies have either been raised for, and their use restricted to, specific purposes, or they comprise grants subject to grantor imposed conditions. Full details of these restricted funds can be found in note 8 to the accounts together with an analysis of movements in the year. _4_ ## **ALBANIAN EVANGELICAL MISSION** ## **Annual Report of the Trustees For the year ended 31 March 2021** ## **4.2 Reserves Policy** The Trustees have examined the requirements for free reserves, ie those unrestricted funds not invested in tangible fixed assets. The Trustees consider that, given the nature of the Charity’s funding, free reserves should be equivalent to approximately 6 months’ worth of unrestricted routine expenditure in order to provide sufficient flexibility to cover temporary shortfalls in income and allow the Charity to cope and respond to unforeseen emergencies whilst specific action plans are implemented. At 31 March 2021 the Charity had net free reserves of £108,771 (2020: £79,577) as follows: |**Total reserves**
Less: restricted funds
**Free reserves**
**Free reserves requirement:**
6 month’s budgeted routine expenditure
Designated for the building of a boys’ refuge home
**Free reserves**|**2021**|**2020**
**£**
**98,781**
(19,204)|






| |---|---|---|---| ||**£**||| ||||| ||**122,564**||| ||(13,793)||| ||||| |||**79,577**|| ||**108,771**||| ||||| |||30,000
27,144|| ||||| ||50,000||| ||15,735||| ||||| |||**57,144**|| ||**65,735**||| ||||| ||||| Trustees are aware that they are currently holding reserves well above the previous norm, the result of significant legacies and also a policy of reserving some funds to meet future employment needs. It is anticipated that the reserve held will gradually return to parity as and when appointments are made. ## **5. Plans for Future Periods** The mission’s spending policies and plans for reserve funds remain fundamentally unchanged. ## **6. Going Concern Review** The significant events to have occurred prior to the signing of these accounts have been the ongoing lockdown restrictions made necessary by the COVID-19 pandemic, since early March 2020. Each year it’s the trustees’ responsibility to state whether or not the annual accounts have been drawn up on a going concern basis (see the accounting policy note on page 10). Going concern is the assumption that an entity, in this case the charity, has the resources (financial or otherwise) needed to continue operating for the foreseeable future and, in particular, for at least 12 months from the date of approval by the trustees of these annual accounts. If the going concern principle did not apply, then the accounts would be drawn up on an insolvent basis. Clearly, as part of this year’s going concern review, the trustees have had to consider the continuing impact of the COVID19 pandemic on the charity’s operations. They have concluded that the financial risks to those operations remain significant, but there is still no evidence that funds will be significantly diminished. Our dependency on the ability of churches and individuals to maintain their current level of giving would suggest a possible fall in donations but the mission’s experience since restrictions began does not suggest any alarm. Income may well fall in the short term but the manner in which funds come to us is far less predictable than simply to be linked with a wider economic downturn. To date no notifications have been received from churches or individuals that they will be withdrawing or reducing their financial support. We recognise that uncertainty is likely to continue into 2022. Against this background, the trustees will keep the financial forecast for 2022 under regular review, aware that if the charity incurs a deficit, its cash reserves are currently at least twice the figure usually set and are more than adequate to absorb that deficit. We therefore conclude that it is appropriate to prepare the 2021 Accounts on a going-concern basis and that _5_ ## **ALBANIAN EVANGELICAL MISSION** ## **Annual Report of the Trustees For the year ended 31 March 2021** it is not necessary to make any adjustment to these accounts as a result of any ongoing restrictions. Trustees will, of course continue to monitor the situation. ## **7. Responsibilities of Trustees for the Financial Statements** The Trustees are responsible for preparing the report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law in England and Wales requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the Charity and of the income and expenditure of the Charity for that period. In preparing those financial statements, the Trustees are required to: - select suitable accounting policies and apply them consistently; - observe the methods and principles of the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the activities of the Charity will continue. The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enables them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document. The Trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the Charity and financial information included in the Charity’s website. ## **8. Approval** The report of the Trustees was approved by the Trustees on 21 October 2021 and signed on their behalf by: eM **Peter Cresswell Trustee** _6_ ## **ALBANIAN EVANGELICAL MISSION** ## **Report of the Independent Examiner to the Trustees of Albanian Evangelical Mission** I report on the financial statements of Albanian Evangelical Mission for the year ended 31 March 2021, set out on pages 8 to 15. This report is made solely to the Trustees in accordance with section 145 of the Charities Act 2011 (“the Act”). My independent examination has been undertaken so that I might state to the Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by the law, I do not accept responsibility to anyone other than the Trust and the Trustees for my independent examination, for this report, or the opinions I have formed. ## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** The Trustees considers that an audit is not required for this year (under section 144(2) of the Act) and that an independent examination is needed. It is my responsibility to: - Examine the accounts (under section 145 of the Act); - To follow the procedures laid down in the General Direction given by the Charity Commission (under section 145(5)(b) of the Act); and - To state whether particular matters have come to my attention. ## **BASIS OF INDEPENDENT EXAMINER’S STATEMENT** My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts. ## **INDEPENDENT EXAMINER’S STATEMENT** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the church as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. **John Helm ACA 21 October 2021** _7_ ## **ALBANIAN EVANGELICAL MISSION** ## **Statement of Financial Activities For the year ended 31 March 2021** |**Note**
**Income from:**
2
Donations and legacies
Investments
Other
**Total Income**
**Expenditure on:**
3
Raising funds
Charitable activities
**Total Expenditure**
Net gains/(losses) on investments
**Net (expenditure)/income**

Transfers between funds
Other recognised gains/(losses)

**Net movement in funds**
**Total funds brought forward**

**Total funds carried forward**
|**Unrestricted**
**Funds**
**2021**
**£**

107,145
84
-|**Restricted**
**Funds**
**2021**
**£**
87,046
-
-
**87,046**
-
92,457
**92,457**
-
**(5,411)**
-
-
**(5,411)**
**19,204**
**13,793**||**Unrestricted**
**Funds**
**2020**
**£**
103,499
235
-|




|**Restricted**
**Funds**
**2020**
**£**
99,225
-
-
**99,225**
-
99,650
**99,650**
**( 425)**
-
-
**( 425)**
**19,629**
**19,204**|**Total**
**2020**
**£**
202,724
235
-| |---|---|---|---|---|---|---|---| ||||**Total**||||| ||||**2021**||||| ||||**£**||||| ||||||||| ||||194,191||||| ||||84||||| ||||-||||| ||||||||| ||**107,229**|||**103,734**|||**202,959**| ||||**194,275**||||| ||||||||| ||1,287
76,748
**78,035**
-
**29,194**
-
-
**29,194**
**79,577**
**108,771**|||18,087
91,896|||18,087
191,546| ||||||||| ||||1,287||||| ||||169,205||||| ||||||||| |||||**109,983**|||**209,633**| ||||**170,492**||||| ||||||||| ||||||||| ||||-||||| ||||||||| |||||**(6,249)**|||**(6,674)**| ||||**23,783**||||| ||||||||| |||||-
-|||-
-| ||||-||||| ||||-||||| ||||||||| |||||**(6,249)**
**85,826**|||**(6,674)**
**105,455**| ||||**23,783**||||| ||||||||| ||||**98,781**||||| ||||||||| |||||**79,577**|||**98,781**| ||||**122,564**||||| ||||||||| ||||||||| _8_ ## **ALBANIAN EVANGELICAL MISSION** ## **Balance Sheet As at 31 March 2021** |||**Unrestricted**|**Restricted**||| |---|---|---|---|---|---| |||**Funds**|**Funds**|**Total**|**Total**| ||**Note**|**2021**|**2021**|**2021**|**2020**| |||**£**|**£**|**£**|**£**| |**Fixed Assets**|||||| |Tangible Assets|4|105|-|105|209| |||105|0|105|209| |**Current Assets**|||||| |Debtors|5|1,548|2,386|3,934|3,459| |Cash At Bank And In Hand||108,018|11,407|119,425|97,056| |||109,566|13,793|123,359|100,515| |**Creditors - Amounts Falling Due**|||||| |**Within One Year**|6|900|-|900|1,943| |**Net Assets**||**108,771**|**13,793**|**122,564**|**98,781**| |**Represented By:**|||||| |Unrestricted Income Funds|7|108,771|-|108,771|79,577| |Restricted Funds|8|-|13,793|13,793|19,204| |**Total Funds**||**108,771**|**13,793**|**122,564**|**98,781**| The financial statements were approved by the Trustees on 21 October 2021 and signed on their behalf by: **Andrew Jones Trustee** _9_ ## **ALBANIAN EVANGELICAL MISSION** ## **Notes to the Financial Statements For the year ended 31 March 2021** ## **1. Accounting Policies** The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: ## **Basis of accounting** The financial statements have been prepared under the Charities Act 2011 and in accordance with the Charities Statement of Recommended Practice (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102). The financial statements are drawn up on the historical cost basis of accounting. The Charity meets the definition of a public benefit entity under FRS 102. ## **Going Concern** There are no material uncertainties about the charity’s ability to continue as a going concern and accordingly the accounts have been drawn up on a going concern basis. ## **Income recognition** Voluntary income and donations (including legacies) are accounted for once the Charity has entitlement to the income, it is probable the income will be received and the amount of income receivable can be reliably measured. Income from the recovery of tax on gift aided donations is accounted for in the period to which the relevant donation is received. Grant income is recognised on a receivable basis. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the bank. ## **Expenditure recognition** Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. Longer term liabilities are discounted to present value. The Charity is not registered for VAT and accordingly expenditure includes VAT where appropriate. Expenditure included in Raising Funds includes amounts incurred in obtaining grants and other donations. Charitable expenditure includes those costs in fulfilling the Charity’s principal objects, as outlined in the Report of the Trustees. These include grants payable and governance costs: - Grants payable are payments made to third parties in furtherance of the Charity’s objects. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the grant. Grants awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the Charity. - Governance costs comprise all costs involving the public accountability of the Charity and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees. The Charity contributes to one employee’s personal pension plan. This is a defined contribution scheme, the assets of which are held separately from those of the Charity. The cost in the accounts is the amount of contributions paid and payable during the year. ## **Tangible Fixed Assets** The cost of equipment, less any expected residual value, is depreciated on a straight line basis over the effective useful life of the asset, which has been estimated as four years. ## **Debtors** Debtors are included at the settlement amount due. Prepayments are valued at the amount prepaid. _10_ ## **ALBANIAN EVANGELICAL MISSION** ## **Notes to the Financial Statements For the year ended 31 March 2021** ## **1. Accounting Policies (continued)** ## **Cash at bank and in hand** Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of opening of the deposit. ## **Creditors and provisions** Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount. ## **Fund accounting** The funds held by the charity are either: - Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees. - Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ## **2. Income** |**2. Income**|||||| |---|---|---|---|---|---| |**Unrestricted**
**Funds**
**2021**
**£**
Voluntary income
Donations
103,698
Gift Aid
3,447
Legacy
-
107,145
Investment income
Bank Interest
84
**107,229**|**Restricted**
**Funds**
**2021**
**£**
81,655
5,391
-
87,046
-
**87,046**||||**Total**
**2020**
**£**
193,727
8,997
-| ||||**Total**||| ||||**2021**||| ||||**£**||| ||||||| ||||||| ||||185,353||| ||||8,838||| ||||-||| ||||||| ||||||202,724
235| ||||194,191||| ||||||| ||||84||| ||||||| ||||||**202,959**| ||||**194,275**||| ||||||| ||||||| ## **3. Expenditure** ## **3a. Expenditure on Raising Funds** |**Unrestricted**
**Funds**
**2021**
**£**
Staff costs (apportioned on time basis)
-
Travel
683
Newsletters
604
Promotion
-
**1,287**|**Restricted**
**Funds**
**2021**
**£**
-
-
-
-
**0**||||**Total**
**2020**
**£**
11,236
3,207
2,490
1,154| |---|---|---|---|---|---| ||||**Total**||| ||||**2021**||| ||||**£**||| ||||||| ||||-||| ||||683||| ||||604||| ||||-||| ||||||| ||||||**18,087**| ||||**1,287**||| ||||||| ||||||| _11_ ## **ALBANIAN EVANGELICAL MISSION** ## **Notes to the Financial Statements For the year ended 31 March 2021** ## **3b. Expenditure on Charitable Activities** |**Unrestricted**
**Funds**
**2021**
**£**
**Direct charitable expenditure**
Grants & donations (see note 3c)
72,050
Travel overseas
(295)
Staff costs (apportioned)
-
**71,755**
**Support costs**
Staff costs
1,936
Postage, stationery & printing
150
Bank charges
893
Telephone & communications
-
Insurance
461
Payroll & accountancy
279
Depreciation
104
Office sundries
270
**4,093**
**Governance costs**
Independent examination
900
**76,748**
**3c. Grants and donations**
**No of separate**
**payments**
To individuals
67,603
To organisations
96,885
**164,488**||**Restricted**
**Funds**
**2021**
**£**
92,438
-
-
**92,438**
-
-
19
-
-
-
-
-
**19**
-
**92,457**||| |---|---|---|---|---| |||||**Total**| |||||**2021**| |||||**£**| |||||| |||||164,488| |||||(295)| |||||-| |||||| |||||**164,193**| |||||| |||||1,936| |||||150| |||||912| |||||-| |||||461| |||||279| |||||104| |||||270| |||||| |||||**4,112**| |||||| |||||900| |||||| |||||**169,205**| |||||| |||||| |||**Total**||| |||**2021**||| |||**£**||| |||||| |||61||| |||65||| |||||| |||**126**||| |||||| ## **3c. Grants and donations** ## **3d. Staff costs** Included within Expenditure are the following staff costs of 1 (2020: 2) employed individuals: |Gross salary||**2021**||**2020**
**£**
**14,498**| |---|---|---|---|---| |||**£**||| |||||| |||**1,936**||| |||||| |||||| _12_ ## **ALBANIAN EVANGELICAL MISSION** ## **Notes to the Financial Statements For the year ended 31 March 2021** ## **4. Tangible Fixed Assets** |**Cost**
At 1 April 2020
Additions
Disposals
At 31 March 2021
**Depreciation**
At 1 April 2020
Charge for Year
Disposals
At 31 March 2021
**Net Book Value**
At 31 March 2021
At 31 March 2020||| |---|---|---| |||| |||**Total**| |||**£**| |||| |||419| |||-| |||-| |||| |||419| |||| |||| |||210| |||104| |||-| |||| |||314| |||| |||| |||**105**| |||| |||209| |||| All of the fixed assets are used for charitable purposes. ## **5. Debtors** |Prepayments
Tax recoverable||**2021**||**2020**
**£**
-
3,459| |---|---|---|---|---| |||**£**||| |||||| |||-||| |||3,934||| |||||| |||||**3,459**| |||**3,934**||| |||||| |||||| ## **6. Creditors - Amounts Falling Due Within One Year** |
Other creditors including taxation and social security
Accruals||**2021**||**2020**
**£**
-
1,943| |---|---|---|---|---| |||**£**||| |||||| |||-||| |||900||| |||||| |||||**1,943**| |||**900**||| |||||| |||||| _13_ ## **ALBANIAN EVANGELICAL MISSION** ## **Notes to the Financial Statements For the year ended 31 March 2021** ## **7. Unrestricted Funds** |**7a Current year**
General Fund
Designated Fund – boys’ refuge
home
**7b Prior year**
General Fund
Designated Fund – boys’ refuge
home||**At 1**
**April**
**2020**
**£**
52,433
27,144
**79,577**||**Income**
**£**
**Expenditure**
**£**
107,525
(66,922)
-
(11,409)
**107,525**
**(78,331)**|**Income**
**£**
**Expenditure**
**£**
107,525
(66,922)
-
(11,409)
**107,525**
**(78,331)**|**Transfers**
**£**
-
-
**0**||**At 31**| |---|---|---|---|---|---|---|---|---| |||||||||**March**| |||||||||**2021**| |||||||||**£**| |||||||||| |||||||||93,036| |||||||||| |||||||||| |||||||||15,735| |||||||||| |||||||||**108,771**| |||||||||| |||**At 1**
**April**
**2019**
**£**
39,955
45,871
**85,826**||**Income**
**£**
**Expenditure**
**£**
103,734
(91,256)
-
(18,727)
**103,734**
**(109,983)**||**Transfers**
**£**
-
-
**0**||| |||**At 1**
**April**
**2019**
**£**
39,955
45,871
**85,826**||||||**At 31**| |||||||||**March**| |||||||||**2020**| |||||||||**£**| |||||||||| |||||||||52,433| |||||||||| |||||||||| |||||||||27,144| |||||||||| |||||||||**79,577**| |||||||||| ## **8. Restricted Funds** |**8a Current year**
Churches
Local workers
Missionaries
Other projects||**At 1**
**April**
**2020**
**£**
1,401
2,809
13,994
1,000
**19,204**||**Income**
**£**
**Expenditure**
**£**
7,567
(7,407)
17,524
(18,928)
48,642
(52,039)
13,313
(14,083)
**87,046**
**(92,457)**|**Income**
**£**
**Expenditure**
**£**
7,567
(7,407)
17,524
(18,928)
48,642
(52,039)
13,313
(14,083)
**87,046**
**(92,457)**|**Transfers**
**£**
-
-
-
-
**0**||**At 31**| |---|---|---|---|---|---|---|---|---| |||||||||**March**| |||||||||**2021**| |||||||||**£**| |||||||||| |||||||||1,561| |||||||||1,405| |||||||||10,597| |||||||||230| |||||||||| |||||||||**13,793**| |||||||||| _14_ ## **ALBANIAN EVANGELICAL MISSION** ## **Notes to the Financial Statements For the year ended 31 March 2021** ## **8. Restricted Funds (continued)** |**8b Prior year**
Churches
Local workers
Missionaries
Other projects||**At 1**
**April**
**2019**
**£**
1,565
1,130
16,663
271
**19,629**||**Income**
**£**
**Expenditure**
**£**
8,542
(8,706)
29,023
(27,344)
50,661
(53,330)
10,999
(10,270)
**99,225**
**(99,650)**|**Income**
**£**
**Expenditure**
**£**
8,542
(8,706)
29,023
(27,344)
50,661
(53,330)
10,999
(10,270)
**99,225**
**(99,650)**|**Transfers**
**£**
-
-
-
-
**0**||**At 31**| |---|---|---|---|---|---|---|---|---| |||||||||**March**| |||||||||**2020**| |||||||||**£**| |||||||||| |||||||||1,401| |||||||||2,809| |||||||||13,994| |||||||||1,000| |||||||||| |||||||||**19,204**| |||||||||| **Churches** : income received specifically for Churches in Albania and Kosova **Local workers** : income received specifically for local workers in Albania and Kosova **Missionaries** : income received specifically for missionaries working in Albania and Kosova **Other projects** : income received specifically for other projects in Albania and Kosova ## **9. Related Party Transactions** The number of trustees and key management personnel who were paid travel and out of pocket expenses on charity business was 2: £683 (2020: 2: £1,146). The Trustees gave a total of £3,035 (2020: £2,760) to the charity during the year. _15_