2021-12-31-accounts - Generations Church

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Page
Report ofthe Trustees		1	to	5
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		9	to	14
Detailed Statement of Financial Activities			15

					31.12.21	31.12.20
			Unrestricted	Restricted	Total	Total
INCOME AND ENDOWMENTS	FROM	Notes	fundf	funds	funds f	fundsf
Donations and legacies			99,767	2,088	101,855	92,325
Other trading activities Other income			7,263 6,139		7,263 6,139	7,906 2,894
Total			113,169	2,088	115257	103,125
EXPENDITURE ON
Charitable activities
Core Projects			109,069	7,821	116,890	94,593
NET INCOME/(EXPENDITURE)			4,100	(5,733)	(1,633)	8,532
RECONCILIATION OF FUNDS
Total funds brought forward			490,654	6,385	497,039	488,507
TOTAL FUNDS CARRIED FORWARD			494,754	652	495,406	497,039

					31.12.21	31.12.20
			Unrestricted	Restricted	Total	Total
			fund	funds	fullds	fullds
		Notes	F	F
FIXEDASSETS
Tangible assets			737,944		737,944	759,702
CURRENT ASSETS
Stocks		9	8,602		8,602	6,218
Debtors		10	2,201		2,201	5,578
Cash at bank and	in hand		32,103	652	32,755	25,635
			42,906	652	43,558	37,431
CREDITORS
Amounts falling due within one year		11	(24,172)		(24,172)	(13,398)
NET CURRENT ASSETS			18,734	652	19,386	24,033
TOTAL ASSETS	LESSCURRENT LIABILITIES		756,678	652	757,330	783,735
CREDITORS
Amounts falling due after more than one year		12	(261,924)		(261,924)	(286,696)
NET ASSETS			494,754	652	495,406	497,039
FUNDS		14
Unrestricted funds					494,754	490,654
Restricted funds					652	6,385
TOTAL FUNDS					495,406	497,039

					31.12.21	31.12.20
Core					2	2
No employees	received emoluments		in excess ofF60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL				ACTIVITIES
				Unrestricted	Restricted	Total
				fund	funds	funds
				F	E	E
INCOME AND	ENDOWMENTS	FROM
Donations and legacies				86,087	6,238	92,325
Other trading	activities			7,906		7,906
Other income				2,894		2,894
Total				96,887	6,238	103,125
EXPENDITURE ON
Charitable activities
Core Projects				90,803	3,790	94,593

10.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
						31.12.21	31.12.20
	Other debtors					E 2,201	5,578
11.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
						31.12.21	31.12.20
	Bank loans and overdrafts Other creditors		(see note 13)			F 22,871 1,301	11,332 2,066
						24,172	13,398
12.	CREDITORS: AMOUNTS		FALLING DUE AFTER MORE THAN		ONE YEAR
						31.12.21	31.12.20
	Bank loans (see note 13)					261,924	F 286,696
13.	LOANS
	An analysis ofthe maturity		of	loans is given below:
						31.12.21	31.12.20
						F
	Amounts falling due within		one year on demand:
	Bank loans					22,871	11,332
	Amounts falling between Bank loans - 1-2years	one		and two years:		23,405	23,025
	Amounts falling due between Bank loans —2-5 years			two and five years:		73,457	72,045
	Amounts falling due in more than five years:
	Repayable by instalments:
	Bank loans more 5 yr by	instal				165,062	191,626
14.	MOVEMENT IN FUNDS
						Net
						movement	At
					At 1.1.21	in funds	31.12.21
	Unrestricted funds				E	E	E
	General fund				490,654	4,100	494,754
	Restricted funds
	Designated giving				6,385	(5,733)	652
	TOTAL FUNDS				497,039	(1,633)	495,406

Comparative net moveme	nt in funds, included in th	e above ar	e as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted funds
General fund			96,887	(90,803)	6,084
Restricted funds
Designated giving			6,238	(3,790)	2,448
TOTAL FUNDS			103,125	(94,593)	8,532
A current year 12months	and prior year 12months	combined	position is as follows:
			Net	Transfers
			movement	between	At
		At 1.1.20	in funds	funds	31.12.21
Unrestricted funds
General fund		471,109	10,184	13,461	494,754
Restricted funds
Designated giving		17,398	(3,285)	(13,461)	652
TOTAL FUNDS		488,507	6,899		495,406

	31.12.21	31.12.20
		F
INCOME AND ENDOWMENTS
Donations and legacies
Gifts and Donations Grants	101,705 150	89,825 2,500
	101,855	92,325
Other trading activities
Rental Income	7,263	7,906
Other income
Job Retention Scheme grants	6,139	2,894
Total incoming resources	115,257	103,125
EXPENDITURE
Charitable activities
Trustees' salaries Trustees' pension contributions Wages Staff pensions Youth Project Costs Establishment Costs Ministry expenses Professional Fees Depreciation oftangible fixed assets Mortgage Interest Grants to institutions	26,000 593 12,360 184 8,696 32,814 1,890 3,092 22,372 6,189 2,700	26,000 594 12,360 184 6,105 13,710 1,136 2,612 22,613 6,807 2,472
	116,890	94,593
Total resources expended	116,890	94,593
Net (expenditure)/income	(1,633)	8,532