##
##
|||Page||
|---|---|---|---|
|Trustees' Report|1|to|8|
|Statement ofTrustees' Responsibilities||||
|Report ofthe Independent
Auditors|10|to|12|
|Statement ofFinancial Activities||13||
|Statement ofFinancial Position|14|to|15|
|Statement ofCash Flows||16||
|Notes to the Statement ofCash Flows||17||
|Notes to the Financial Statements|18|to|28|
|Detailed Statement ofFinancial Activities|29|to|30|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||31.12.20|31.12.19|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|INCOME AND ENDOWMENTS FROM|||Notes|fund|fund|funds
f|fundsf|
|Donations
and legacies|||2|285,154|422|285,576|452,405|
|Investment
income||||46,407||46,407|41,740|
|Total||||331,561|422|331,983|494,145|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Religous Activity
Charitable
Donadons||||108,648||108,648|156,897|
|Support costs and Administration||Costs||240,758||240,758|82,000
253,204|
|Total||||349,406||349,406|492,101|
|Net gains on investments||||20,517||20,517|123,000|
|NET INCOME||||2,672|422|3,094|125,044|
|RECONCILIATION|OFFUNDS|||||||
|Total funds brought forward||||2,641,141||2,641,141|2,516,097|
|TOTAL FUNDS CARRIED FORWARD||||2,643,813|422|2,644,235|2,641,141|
##
|||||31.12.20|31.12.19|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets
Investment
property|11
12|3,082,938
944,394||3,082,938
944,394|3,158,501
923,877|
|||4,027,332||4,027,332|4,082,378|
|CURRENT ASSETS||||||
|Debtors
Cash at bank and in hand|13|19,363
282,018|422|19,363
282,440|7,336
310,516|
|||301,381|422|301,803|317,852|
|CREDITORS||||||
|Amounts
falling duc vtrithin one year|14|(183,629)||(183,629)|(253,179)|
|NET CURRENT ASSETS||117,752|422|118,174|64,673|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||4,145,084|422|4,145,506|4,147,051|
|CREDITORS||||||
|Amounts
falling due atter more than one year|15|(1,501,271)||(1,501,271)|(1,505,910)|
|NET ASSETS||2,643,813|422|2,644,235|2,641,141|
##
##
|2,643,813|2,641,141|
|---|---|
|422||
|2,644,235|2,641,141|
##
##
##
|||||Statement ofCash Flows||
|---|---|---|---|---|---|
|||for|the|Year Ended 31stDecember 2020||
|||||31.12.20|31.12.19|
||||Notes|||
|Cash flows from operating||activities||||
|Cash generated
from operations
Interest paid||||104,767
(59,404)|153,141
(73,936)|
|Net cash provided by operating
activities||||45,363|79,205|
|Cash flows from investing||activities||||
|Purchase oftangible fixed
Interest received|assets|||(4,726)|(9,873)|
|||||7|15|
|Net cash used in investing|activities|||(4,719)|(9,858)|
|Cash flows from financing||activities||||
|1Vew loans in year
Loan repayments
in year||||(68,720)|1,212,263
(1,336,632)|
|Net cash used in financing|activities|||(68,720)|(124,369)|
|Change in cash and cash eqrdvalents|||in|||
|the reporting
period
Cash and cash equivalents||at the||(28,076)|(55,022)|
|beginning ofthe reporting||period||310,516|365,538|
|Cash and cash equivalents||at the end|of|||
|the reporting period||||282,440|310,516|
##
##
|
ACTIVITIES|CSH FLOW F|ROM OPERATIN|G|
|---|---|---|---|
|||31.12.20|31.12.19|
|Net income for the reporting
Financial Activities)
Adjustments
for:|period (as per the Statement of|3,094|125,044|
|Depreciation
charges
Gain on investments
Interest received||80,290
(20,517)|81,205
(123,000)|
|Interest paid
(Increase)/decrease
in debtors
Decrease in creditors||(7)
59,404
(12,027)
(5,470)|(15)
73,936
299
(4,328)|
|Net cash provided
by operations||104,767|153,141|
##
##
|||At 1.1.20|Cash flow|At 31.12,20|
|---|---|---|---|---|
|Net cash|||||
|Cash at bank and in hand||310,516|(28,076)|282,440|
|||310,516|(28,076)|282,440|
|Debt|||||
|Debts falling due within
Debts falling due Wer 1|I year
year|(186,753)
(1,505,910)|64,080
4,639|(122,673)
(1,501,271)|
|||(1,692,663)|68,719|(1,623,944)|
|Total|||||
|||(1,382,147)|40,643|(1,341,504)|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2.|DONATI|ONS
AND LEGACIES||||
|---|---|---|---|---|---|
|||||31.12.20|31.12.19|
||Donations
Furlough|Cnnnt||280,196
5,380|452,405|
|||||285,576|452,405|
|3,|INVESTMENT INCOME|||||
|||||31.12.20|31.12.19|
||Rents received
Deposit account interest|||46,400
7|41,725
15|
|||||46,407|41,740|
|4.|CHARITABLE ACTIVITIES COSTS|||||
|||||Support||
||||Direct|costs (see||
||||Costs|note 6)|Totals|
||Religous Activity
Support costs and Administration||107,499|1,149|Z
108,648|
||Costs||212,256|28,502|240,758|
||||319,755|29,651|349,406|
|5.|GRANTS|PAYABLE||||
|||||31.12.20|31.12.19|
||Charitable|Donations||||
||||||82,000|
|5.|GRANTS|PAYABLE|
|---|---|---|
||Charitable|Donations|
##
##
|SUPPORT COSTS|for th|e Year Ended 31stDecember|2020|||
|---|---|---|---|---|---|
|||||Governance||
|||Management
f|Finance|costs|Totals|
|Religous Activity
Support costs and A&hninistration||Costs
383|766|28,502|1,149
28,502|
|||383|766|28,502|29,651|
|AUDITORS' REMUNERATION||||||
|||||31.12.20|31.12.19|
|Fees payable to the charity's
financial statements
Other non-audit
services|auditors for the audit ofthe charity's|||6,000
9,600|f,
5,000
11,130|
##
##
##
|There were no Truste
STAFFCOSTS|e expenses this year.|||||
|---|---|---|---|---|---|
|||||31.12.20|31.12.19|
|Wages and salaries||||15,404|15,646|
|||||15,404|15,646|
|The average monthly|number ofemployees|during|the year was as foliows:|||
|Southall||||31.12.20|31.12.19|
|||||1|1|
||for t|
he Year Ended 31stDecember 2020|
he Year Ended 31stDecember 2020|
he Year Ended 31stDecember 2020||
|---|---|---|---|---|---|
|10.|COMPARATIVES FORTHE|STATEMENT OF FINANCIAL ACTIVITIES||||
||||Unrestricted|Restricted|Total|
||||fund|fund|funds|
||INCOME AND ENDOWMENTS FROM|||||
||Donations
and legacies||452,405||452,405|
||Investment
income||41,740||41,740|
||Total||494,145||494,145|
||EXPENDITURE ON|||||
||Charitable
activities|||||
||Religous Activity
Charitable
Donations
Support costs and Administration|Costs|156,897
81,869
253,204|131|156,897
82,000
253,204|
||||491,970|131|492,101|
||Net gains on investments||123,000||123,000|
||NET INCOME/(EXPENDITURE)||]25,175|(131)|125,044|
||RECONCILIATION OFFUNDS|||||
||Total funds brought forward||2,515,966|131|2,516,097|
||TOTAL FUNDS CARRIED|||||
||FORWARD|||||
||||2,641,141||2,641,141|
##
##
|11.|for the Year End
TANGIBLE FIXEDASSETS|ed 31stDecember 2020|||
|---|---|---|---|---|
||||Fixtures||
||||2 fittings||
|||Freehold|and||
|||property|Equip|Totals|
||COST||||
||At 1st January 2020
Additions|3,518,865|190,125
4,726|3,708,990
4,726|
||At 31stDecember 2020|3,518,865|194,851|3,713,716|
||DEPRECIATION||||
||At 1stJanuary 2020
Charge for year|421,718
70,377|128,771
9,912|550,489
80,289|
||At 31stDecember 2020|492,095|138,683|630,778|
||NET BOOKVALUE||||
||At 31stDecember 2020|3,026,770|56,168|3,082,938|
||At 31stDecember 2019|3,097,147|61,354|3,158,501|
|12.|INVESTMENT PROPERTY||||
||FAIR VALUE||||
||At 1stJanuary 2020
Revaluation|||923,877|
|||||20,517|
||At 31stDecember 2020||||
|||||944,394|
||NET BOOKVALUE||||
||At 31stDecember 2020||||
|||||944,394|
||At 31stDecember 2019||||
|||||923,877|
##
##
||31.12.20|31.12.19|
|---|---|---|
|Other debtors
Prepayments|15,910
3,453|3,213
4,123|
||19,363|7,336|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||31.12,20|31.12.19|
|Bank loans and overdrafis (see note 16)
Other loans (see note 16)
Social security and other taxes
Other creditors
Accrued expenses|92,673
30,000
744
34,170
26,042|156,753
30,000
840
55,144
10,442|
||183,629|253,179|
|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN|ONE YEAR||
||31.12.20|31.12.19|
||1,501,271|1,505,910|
##
##
##
##
##
##
##
|MOVEIVlENT|IN FUNDS||||
|---|---|---|---|---|
||||Nct||
||||movement|At|
|||At 1.1.20|in funds|31.12,20|
|Unrestricted|funds|||f|
|General fund||2,641,141|2,672|2,643,813|
|Restricted
funds|||||
|Hospital Fund|||422|422|
|TOTAL FUNDS||2,641,141|3,094|2,644,235|
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|fosses|in funds|
||||f.||||
|Unrestricted||funds|||||
|General|fund||331,561|(349,406)|20,517|2,672|
|Restricted
funds|||||||
|Hospital|Fund||422|||422|
|TOTAL|FUNDS||331,983|(349,406)|20,517|3,094|
##
##
##
||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1.1.19|in funds|31.12.19|
|Unrestricted|funds||||||
|General fund||||2,515,966|125,175|2,641,141|
|Restricted funds|||||||
|Hospital Fund||||131|(131)||
|TOTALFUNDS||||2,516,097|125,044|2,641,141|
|Comparative|net movement|in funds, included|in the above|are as follows:|||
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
|Unrestricted|funds||||||
|General fund|||494,145|(491,970)|123,000|125,175|
|Restricted funds|||||||
|Hospital Fund||||(131)||(131)|
|TOTAL FUNDS|||494,145|(492,101)|123,000|125,044|
##
##
##
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.1.19|in funds|31.12.20|
|Unrestricted|funds||||
|General fund||2,515,966|!27,847|2,643,813|
|Restricted funds|||||
|Hospital
Fund||131|291|422|
|TOTALFUNDS||2,516,097|128,138|2,644,235|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds||f,|||
|General fund||825,706|(841,376)|143,517|127,847|
|Restricted funds||||||
|Hospital Fund||422|(131)||291|
|TOTAL FUNDS||826,128|(841,507)|143,517|128,138|
##
##
|Detailed Statement ofFinancial Activities|||
|---|---|---|
|for the Year Ended 31stDecember 2020|||
||31,12.20|31.12.19|
|||6|
|INCOME AND ENDOWMENTS|||
|Donations and legacies|||
|Donations
Furlough
Grant|280,196
5,380|452,405|
||285,576|452,405|
|Investment
income|||
|Rents received|||
|Deposit account interest|46,400
7|41,725
15|
||46,407|41,740|
|Total incoming resources|331,983|494,145|
|EXPENDITURE|||
|Charitable
activities|||
|Wages
Rent aud Rates|15,404|15,646|
|Insurance|15,364|8,605|
|Light and heat
Sundries|21,240
53,418|19,564
55,788|
|Repair &Maintenance
Laundry
&,Cleaning|3,178
4,182|1,348
5,878|
|Food &.Catering
Buildings repairs
Visiting priests
Freehold property
Fixtures and fittings
Bank loan interest|8,603
28,559
30,114
70,377
9,912|301
33,171
20,603
61,860
70,377
10,828|
|Charitable
Donations|59,404|73,936|
|||82,000|
||319,755|459,905|
##
##
||||||Detailed Statement ofFinancial Activities|||
|---|---|---|---|---|---|---|---|
||||||for the Year Ended 31stDecember 2020|||
|||||||31.12.20|31.12.19|
|Support costs||||||||
|Management||||||||
|Postage and
Travelling|stationery|||||383|168
1,707|
|||||||383|1,875|
|Finance||||||||
|Bank charges||||||766|1,518|
|Governance|costs|||||||
|Auditors'
remuneration
Auditors'
remuneration
Telephone
Legal and Professional|||for non audit work
fees|||6,000
9,600
3,902
9,000|5,000
11,130
4,490
8,183|
|||||||28,502|28,803|
|Total resources|expended|||||349,406|492,]01|
|Net (expenditure)/income||||before gains and||||
|losses||||||||
|||||||(17,423)|2,044|
|Realised recognised||gains and|||losses|||
|Realised gains/(losses)|||on|investment||||
|property||||||20,517|123,000|
|Net income||||||||
|||||||3,094|125,044|