2020-11-30-accounts - Freedoms Ark Trust

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		Page
Charity information		1
Trustees' Report		2
Statement of Trustees' responsibilities		4
Accountants' report		5
Statement of Financial	Activities	7
Income and Expenditure	account	8
Statement oftotal recognised gains and losses		9
Recognised Gains and	Losses	9
Movements in Accumulated Funds		10
Balance sheet		11
Notes to the accounts		12
Detailed Statement of Financial Activities		19

				Unrestricted	Restricted	Total	Last Year
				Funds	Funds	Funds	Total Funds
			Notes	2020	2020	2020	2019
Incoming resources
Incoming resources from	generated funds
Voluntary Income				152,217	162,141	314,358	189,133
Activities for generating	funds						2,580
Investment Income				72		72	270
Total incoming resources				152,289	162,141	314,430	191,983
Costs ofcharitable activities				196,422	23,856	220,278	157,835
Governance costs				24,726		24,726	29,157
Total resources expended				221,148	23,856	245,004	186,992
Net incoming resources
before transfers between		funds		(68,859)	138,285	69,426	4,991
Gross transfers between		funds		29,052	(29,052)
Net incoming resources	before
Other recognised gains	and losses			(39,807)	109,233	69,426	4,991
Other recognised gains	and losses
Net movement in funds				(39,807)	109,233	69,426	4,991
Reconciliation offunds
Totalfunds brought forward				97,949	41,473	139,422	134,431
Total Funds carried forward				58,142	150,706	208,848	139,422

			2020	2019
Turnover			314,358	191,713
Direct costs ofturnover			220,278	157,835
Gross surplus			94,080	33,878
Governance costs			24,726	29,157
Interest receivable			72	270
Surplus on ordinary	activities before	tax	69,426	4,991
Surplus for the financial year			69,426	4,991
Gift Aid Payments
Retained surplus for	the financial year		69,426	4,991
All activities derive from continuing		operations

for the year e	nded 30Novembe	r 2020
			2020	2019
Excess ofIncome over Expenditure		before realisation ofassets	69,426	4,991
Profit per Profit	and Loss account		69,426	4,991
Net Movement	in funds before taxation		69,426	4,991

Revenue accumulated funds	Revenue accumulated funds			Unrestricted	Restricted	Total	Last year
				Funds	Funds	Funds	Total Funds
				2020	2020	2020	2019
Accumulated funds brought	forward			97,949	41,473	139,422	134,431
Recognised gains and losses	before transfers			(68,859)	138,285	69,426	4,991
				29,090	179,758	208,848	139,422
Transfers between restricted	and	unrestricted	funds	29,052	(29,052)
Closing revenue accumulated		funds		58,142	150,706	208,848	139,422

Summary of	funds				Designated	Unrestricted	Restricted	Total	Last Year
					Funds	Funds	Funds	Funds	Total Funds
					2020	2020	2020	2020	2019
Revenue accumulated		funds				58,142	150,706	208,848	139,422
The statement	of changes		in resources	applied	for fixed assets	for Charity	use is shown	in the	notes to the
accounts

FREEDOM'S ARK Balance Sheet as at 30November 2020
	Notes		2020		2019
The assets and liabilities ofthe charity:
Fixed assets
Tangible assets	10		16,598		8,071
Totalfixed assets			16,598		8,071
Current assets
Debtors	13	41,979		79,413
Cash at bank and in hand		156,731		51,540
Total current assets		198,710		130,953
amounts due within one year	14	(6,460)		398
Net current assets			192,250		131,351
Total assets less current liabilities			208,848		139,422
Creditors:-
amounts due after more than one year
Provisions for liabilities and charges
Net assets including pension asset / liability			208,848		139,422
Thefunds ofthe charity:
Unrestricted income funds
Unrestricted revenue accumulated	funds	58,142		97,949
Designated revenue funds
Unrestricted capital funds
Designated fixed asset funds
Total unrestricted funds			58,142		97,949
Restricted income funds
Restricted revenue accumulated	funds	150,706		41,473
Restricted capital funds
Total restricted funds			150,706		41,473
Total charity funds			208,848		139,422
Rev0LObunge
Trustee
Approved by the board oftrustees on 17 December		2021

(Deficit)/surplus for the financial	(Deficit)/surplus for the financial	(Deficit)/surplus for the financial	year	2016	2015
Revenue Turnover from ordinary			activities	314,358	191,713
and after charging:-
Depreciation ofowned	fixed assets			5,533	2,690
Rentals under operating	leases			72,300	40,477
Trustees' remuneration				23,112	27,550
National Insurance on trustees'		remuneration			2,864
Pension costs				378	371
Independent Examiner's	Fees			1,140	1,140

	Numbers offull time employees or full time equivalents	Numbers offull time employees or full time equivalents	2020	2019
	Engaged on charitable activities
	There were no employees	with emoluments in excess ofK60,000per annum
8	Remuneration oftrustees	and persons connected with trustees
			2020	2019
	Remuneration payable to	trustees or connected persons
	Rev0LObunge		23,112	27,550
	Total remuneration		23,112	27,550
	Employer's National Insurance contributions on above remuneration
	Pension payments relating to trustees or connected persons
	Rev0LObunge		474	467
	Remuneration was paid to	Rev0LObunge for services carried out on behalf ofthe Trust in accordance
	with the Trust Deed.

						Freehold	Plant,
						Land and	Machinery 8r,
						buildings	Vehicles	Total
Asset cost, valuation		or revalued		amount
At 1 December	2019					107,361	96,598	203,959
Additions							14,060	14,060
At 30November	2020					107,361	110,658	218,019
Accumulated depreciation			and	impairment	provisions
At 1 December	2019					107,360	88,528	195,888
Depreciation on	revaluation
Charge for the year							5,533	5,533
At 30November	2020					107,360	94,061	201,421
Net book value
At 30November	2020						16,597	16,598
At 30November	2019						8,069	8,070

			2020	2019
Owed	by	subsidiary	2,773	11,637
			2,773	11,637

13	Debtors						2020	2019
	Trade debtors						39,206	67,776
	Amounts due Irom associated and				subsidiary	undertakings	2,773	11,637
							41,979	79,413
14	Creditors: amounts		falling due	within one		year	2020	2019
	Trade creditors						1,590	(1,164)
	Accrued expenses						2,280	1,140
	PAYE and NI						2,590	(374
							6,460	398)
15	Analysis ofthe	Net	Movement	in	Funds		2020	2019
	Net movement	in funds Irom Statement ofFinancial Activities					69,426	4,991
	Net resources applied		on functional		fixed assets		(14,060	(10,760)
	Net movement	in funds available			for future	activities	55,366	(5,769)


Particulars ofIndividual	Funds	and analysis ofassets		and	liabilities		representing	funds
			funds		funds		funds		Funds
Tangible Fixed Assets			16,598						16,598
Current Assets			48,004				150,706		198,710
Current Liabilities			(6,460)						(6,460)
			58,142				150,706		208,848
At 1December 2019		Unrestricted		Designated			Restricted		Total
Tangible Fixed Assets			8,071						8,071
Current Assets			89,480				41,473		130,953
Current Liabilities			398						398
			97,949				41,473		139,422
		Funds at		Movements			Transfers		Funds at
			2019			in	Between		2020
					Funds		funds
				as		below
General Fund			86,284			(68,861)	29,052		46,475
Benevolence			12,014			(803)			11,211
Building Fund			41,124			3,944			45,068
Food Bank						135,146	(29,052)		106,094
			139,422			69,426			208,848
Analysis ofmovements	in funds	as shown	in the table	above
		Incoming		Outgoing			Gains 8r,		Movement
			Resources	Resources			Losses		in funds
General Fund			152,289			221,150			(68,861)
Benevolence Fund			232			1,035			(803)
Building Fund			11,156			7,212			3,944
Food Bank			150,753			15,607			135,146
			314,430			245,004			69,426

						Unrestricted	Restricted	Total	Prior Period
						Funds	Funds	Funds	Total Funds
						2020	2020	2020	2019
Incoming Resources
Voluntary Income
Government and public bodies
Incoming resources ofa revenue		nature
Voluntary Income						152,217	162,141	314458	189,133
Total						152,217	162,141	314,358	189,133
Total Grants, Legacies dt Donations			Received			152,217	162,141	314458	189,133
Total Voluntary Income						152,217	162,141	314458	189,133
Temporary letting and licensing	ofcharitable			property					2,580
Total ofactivities for generating			funds						2,580
Investment Income
Other bank deposit interest received						72		72	270
Total Investment Income						72		72	270
Total Incoming Resources						152,289	162,141	314,430	191,983
Costs ofgenerating funds
Charitable expenditure
Costs ofactivities infurtherance		ofthe charity's			objectives
Cost ofcharitable letting ofnone		investment		property					120
									120
Support costs ofcharitable activities
Direct support costs
Gross wages and salaries - charitable			activities			28,034		28,034	29,531
Pension contributions charitable	employees					378		378	371
						28,412		28,412	29,902
Management and administration		costs
in support ofcharitable activities
Staffcostsin support ofcharitable	activiti es
Training and welfare						134		134
						134		134

		Unrestricted	Restricted	Total	Prior Period
		Funds	Funds	Funds	Total Funds
		2020	2020	2020	2019
Indirect	employee costs
Travel	and subsistence				2,972
Motor	expenses	2,331	873	3,204
		2333	873	3/06	2,972

			Unrestricted	Restricted	Total	Prior Period
			Funds	Funds	Funds	Total Funds
			2020	2020	2020	2019
Premises Costs
Rent payable			57,579	14,721	72,300	40,447
Rates, water and service charges			1,470		1,470	5,445
Insurance			10,458		10,458	5,836
Light and heat			2,880		2,880	1,356
Cleaning			65		65
Premises repairs and renewals			118		118	192
Service Charges			36,750		36,750	19,405
			109,320	14,721	124,041	72,681
General administrative	expenses:
Telephone and fax			4,156		4,156	4,405
Stationery and printing			832		832	718
Information and publications			1,843		1,843	1,548
Subscriptions			80		80	192
Equipment expenses			397		397	2,090
Hire ofequipment			735		735	735
Computer Costs			2,318		2,318	1,773
Advertising and PR			2,652		2,652
Bank charges			1,621	129	1,750	2,741
Sundry expenses			3,747	1,089	4,836
			18481	1,218	19,599	14/03
Professional feesin support ofcharitabie		activities
Consultancy fees			25,185		25,185	24,750
Other Legal fees &Professional			35	132	167
Copyright Licence						222
Management fees				5,932	5,932
Depreciation offixed	assets used for governance		5,533		5,533	2,690
			30,753	6,064	36,817	27,662
Other support costs
Hospitality			109	115	224	215
Benevolence				865	865	2,890
Missions			6,980		6,980	7,190
			7,089	980	8,069	10/95

					Unrestricted	Restricted	Total	Prior Period
					Funds	Funds	Funds	Total Funds
					2020	2020	2020	2019
Total Support costs					196,422	23,856	220,144	157,715
Sapport costsforgrants paid
Total Expended on Charitable		Activities			196,422	23,856	220,144	157,835
Governance costs that are	not direct management				functions inherent in generating
funds, service delivery and	programme			orproj ect	work
Specific governance costs
Trustees' remuneration					23,112		23,112	27,550
Pension contributions -Trustees					474		474	467
Independent Examiner's Fees					1,140		1,140	1,140
Total governance costs					24,726		24,726	29,157
Analysis oftransfers between funds
Transfer to/(from) unrestricted	to be analysed			further	29,052		29,052
Transfer to/(from) restricted to be analysed			further			(29,052)	(29,052)
					29,052 -	29,052

Unrestricted	Restricted	Total	Prior	Period
Funds	Funds	Funds	Total	Funds
2020	2020	2020		2019

Appendices	to the Statement of	Financial Activities
for the year	ended 30November	2020

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