||||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||
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||||||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|
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||||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|---|---|
|Rental Income|||||||7,263|7,906|
|GRANTS|PAYABLE||||||||
||||||||31.12.21|31.12.20|
|||||||||F|
|Core Projects|||||||2,700|2,472|
|The total|grants|paid to institutions|||during the year|was as follows:|||
||||||||31.12.21|31.12.20|
|||||||||F|
|Assemblies
of||God|||||2,460|2,472|
|Christians|Against||Poverty||||240||
||||||||2,700|2,472|
|TRUSTEES' REMUNERATION||||AND BENEFITS|||||
||||||||31.12.21|31.12.20|
|Trustees'|salaries||||||26,000|26,000|
|Trustees'|pension||contributions|to|money purchase|schemes|593|594|
||||||||26,593|26,594|
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||||||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|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||fund|funds|funds|
|||||F||
||||6,084|2,448|8,532|
|Transfers
between||funds|13,461|(13,461)||
|Net movement|in|funds|19,545|(11,013)|8,532|
|RECONCILIATION||OF FUNDS||||
|Total funds brought forward|||471,109|17,398|488,507|
|TOTAL FUNDS|CARRIED FORWARD||490,654|6,385|497,039|
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|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
|||Fixtures||
||Freehold|and||
||property|fittings|Totals|
||E|||
|COST||||
|At 1 January 2021|1,025,097|38,489|1,063,586|
|Additions|614||614|
|At 31 December 2021|1,025,711|38,489|1,064,200|
|DEPRECIATION||||
|At 1 January 2021|271,507|32,377|303,884|
|Charge for year|20,514|1,858|22,372|
|At 31 December 2021|292,021|34,235|326,256|
|NET BOOK VALUE||||
|At 31 December 2021|733,690|4,254|737,944|
|At 31 December 2020|753,590|6,112|759,702|
|STOCKS||||
|||31.12.21|31.12.20|
||||F|
|Stocks||8,602|6,218|
##
|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|
##
##
|Net moveme|nt|in funds,
includ|ed
in the above|are as follows:||||
|---|---|---|---|---|---|---|---|
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|||||||F-||
|Unrestricted||funds||||||
|General
fund|||||113,169|(109,069)|4,100|
|Restricted|funds|||||||
|Designated|giving||||2,088|(7,821)|(5,733)|
|TOTAL FUNDS|||||115,257|(116,890)|(1,633)|
|Comparatives||for movement|in funds|||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.1.20|in funds|funds|31.12.20|
|Unrestricted||funds||||||
|General
fund||||471,109|6,084|13,461|490,654|
|Restricted funds||||||||
|Designated|giving|||17,398|2,448|(13,461)|6,385|
|TOTAL FUNDS||||488,507|8,532||497,039|
|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|
##
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General
fund||210,056|(199,872)|10,184|
|Restricted|funds||||
|Designated|giving|8,326|(11,611)|(3,285)|
|TOTAL FUNDS||218,382|(211,483)|6,899|
##
##
##
|||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|