2021-12-31-accounts - The King's Way Church Centre

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	`Page`
`Trustees'Report`	`Ito2`
`IndependentExaminer'sReport`	`3`
`StatementofFinancialActivities`	`4`
`StatementofFinancialPosition`	`5`
`NotestotheFinancialStatements`	`(,to14`
`DetailedStatementofFinancialActivities`	`15to16`

				`31.12.21`	`31.12.20`
		`Unrestricted`	`Restricted`	`Total`	`Total`
		`fund`	`funds`	`funds`	`funds`
	`Notes`	`£`	`£`	`£`	`£`
`INCOMEANDENDOWMENTSFROM`
`Donationsandlegacies`	`2`	`141,854`	`33,695`	`175,549`	`207,312`
`Othertradingactivities`	`3`	`682`		`682`	`419`
`Investmentincome`	`4`	`2`		`2`	`21`
`Total`		`142,538`	`33,695`	`176,233`	`207,752`
`EXPENDITUREON`
`Charitableactivities`
`Expenditure`
		`122,766`	`33,140`	`155,906`	`160,571`
`Other`		`12,129`		`12,129`	`12,813`
`Total`		`134,895`	`33,140`	`168,035`	`173,384`
`NETINCOME`		`7,643`	`555`	`8,198`	`34,368`
`Transfersbetweenfunds`	`16`	`(8,374)`	`8,374`
`NetmovementInfunds`		`(731)`	`8,929`	`8,198`	`34,368`
`RECONCILIATIONOFFUNDS`
`Totalfundsbroughtforward`		`455,854`	`9,333`	`465,187`	`430,819`
`TOTALFUNDSCARRIEDFORWARD`		`455,123`	`18,262`	`473,385`	`465,187`

				`31.12.21`	`31.12.20`
		`Unrestricted`	`Restricted`	`Total`	`Total`
		`fund`	`funds`	`funds`	`funds`
	`Notes`	`£`	`£`	`£`	`£`
`FIXEDASSETS`
`Tangibleassets`	`9`	`749,249`		`749,249`	`752,401`
`CURRENTASSETS`
`Debtors`	`10`	`5,600`		`5,600`	`4,249`
`Cashatbank`	`11`	`31,796`	`18,262`	`50,058`	`45,670`
		`37,396`	`18,262`	`55,658`	`49,919`
`CREDITORS`
`Amountsfallingduewithinoneyear`	`12`	`(10,247)`	`-`	`(10,247)`	`(7,068)`
`NETCURRENTASSETS`		`27,149`	`18,262`	`45,411`	`42,851`
`TOTALASSETSLESSCURRENT`
`LIABILITIES`		`776,398`	`18,262`	`794,660`	`795,252`
`CREDITORS`
`Amountsfallingdueaftermorethanoneyear`	`13`	`(321,275)`	`-`	`(321,275)`	`(330,065)`
`NETASSETS`		`455,123`	`18,262`	`473,385`	`465,187`
`FUNDS`	`16`
`Unrestrictedfunds:`
`Generalfund`				`455,123`	`455,854`
`Restrictedfunds:`
`Buildingfund`				`2,553`	`671`
`Foodbank` `Childrenandyouth`				`1,665` `8,829`	`4,136` `2,025`
`NewHorizons`
				`538`	`305`
`NominatedFunds`				`4,677`	`2,196`
				`18,262`	`9,333`
`TOTALFUNDS`				`473,385`	`465,187`
`Thefinancialstatementswereapprovedbythe`	`Boardof`	`Trusteesandauthorisedforissueon`		`n.B-`

`2.`	`DONATIONSANDLEGACIES`
				`31.12.21`	`31.12.20`
		`Unrestricted`	`Restricted`	`Total`	`Total`
		`funds`	`funds`	`funds`	`funds`
		`£`	`£`	`£`	`£`
	`Grants`		`21,368`	`21,368`	`39,169`
	`Plannedgiving`	`97,294`		`97,294`	`64,649`
	`Offerings`	`20,985`		`20,985`	`22,756`
	`Giftaidtaxreceipts`	`22,225`		`22,225`	`17,640`
	`Othergiftsanddonations`	`1,350`	`12,327`	`13,677`	`63,098`
		`141,854`	`33,695`	`175,549`	`207,312`
	`Grantsreceived,includedintheabove,are`	`asfollows:`
				`31.12.21`	`31.12.20`
				`£`	`£`
	`Othergrants`			`21,368`	`39,169`
`3.`	`OTHERTRADINGACTIVITIES`
				`31.12.21`	`31.12.20`
		`Unrestricted`	`Restricted`	`Total`	`Total`
		`funds`	`funds`	`funds`	`funds`
		`£`	`£`	`£`	`£`
	`Othersundryincome`	`682`		`682`	`277`
	`Roomhire`				`142`
		`682`		`682`	`419`
`4.`	`INVESTMENTINCOME`
				`31.12.21`	`31.12.20`
		`Unrestricted`	`Restricted`	`Total`	`Total`
		`funds`	`funds`	`funds`	`funds`
		`£`	`£`	`£`	`£`
	`Depositaccountinterest`	`2`		`2`	`21`

`OTHER`
			`31.12.21`	`31.12.20`
	`Unrestricted`	`Restricted`	`Total`	`Total`
	`funds`	`funds`	`funds`	`funds`
	`£`	`£`	`£`	`£`
`Interestpayableandsimilarcharges`	`12,129`		`12,129`	`12,813`

	`Trustees'expenses`
	`Therewerenotrustees'expensespaid`	`fortheyearended31December`	`2021norfor`	`theyearended`
	`31December2020.`
`7.`	`STAFFCOSTS`
			`31.12.21`	`31.12.20`
			`£`	`£`
	`Wagesandsalaries`		`54,535`	`35,504`
			`54,535`	`35,504`
	`Theaveragemonthlynumberofemployeesduringtheyearwasasfollows:`
			`31.12.21`	`31.12.20`
	`Administration`		`5`	`3`
	`Noemployeesreceivedemolumentsinexcessof£60,000.`
`8.`	`COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES`
		`Unrestricted`	`Restricted`	`Total`
		`fund`	`funds`	`funds`
		`£`	`£`	`£`
	`INCOMEANDENDOWMENTSFROM`
	`Donationsandlegacies`	`118^902`	`88,410`	`207,312`
	`Othertradingactivities`	`419`		`419`
	`Investmentincome`	`14`		`21`
	`Total`	`1 19,335`	`88,417`	`207,752`
	`EXPENDITUREON`
	`Charitableactivities`
	`Expenditure`
		`73,808`	`86,763`	`160,571`
	`Other`	`12,813`		`12,813`
		`Page8`		`continued...`

`8.`	`COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES-`	`COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES-`	`continued`
		`Unrestricted`	`Restricted`	`Total`
		`fund`	`funds`	`funds`
		`£`	`£`	`£`
	`Total`	`86,621`	`86,763`	`173,384`
	`NETINCOME`	`32,714`	`1,654`	`34,368`
	`Transfersbetweenfunds`	`(5,417)`	`5,417`
	`Netmovementinfunds`	`27,297`	`7,071`	`34,368`
	`RECONCILIATIONOFFUNDS`
	`Totalfundsbroughtforward`	`428,557`	`2,262`	`430,819`
	`TOTALFUNDSCARRIEDFORWARD`	`455,854`	`9,333`	`465,187`
`9.`	`TANGIBLEFIXEDASSETS`
			`Fixtures`
		`Freehold`	`and`
		`property`	`fittings`	`Totals`
		`£`	`£`	`£`
	`COST`
	`AtI January2021and31December2021`	`736,647`	`19,692`	`756,339`
	`DEPRECIATION`
	`At1 January2021` `Chargeforyear`		`3,938` `3,152`	`3,938` `3,152`
	`At31December2021`		`7,090`	`7,090`
	`NETBOOKVALUE`
	`At31December2021`	`736,647`	`12,602`	`749,249`
	`At31December2020`	`736,647`	`15,754`	`752,401`

				`31.12.21`	`31.12.20`
				`£`	`£`
	`GIAaidtaxreceivable`			`5,600`	`4,249`
`11.`	`CASHATBANK`
		`General`	`Building`		`Children`
		`fund`	`fund`	`Foodbank`	`andyouth`
		`£`	`£`	`£`	`£`
	`Bankcurrentaccount`	`13,349`	`2,553`	`1,665`	`8,829`
	`Bankdepositaccount`	`18,447`
	`Total`	`31,796`	`2,553`	`1,665`	`8,829`
				`31.12.21`	`31.12.20`
		`New`	`Nominated`	`Total`	`Total`
		`Horizons`	`Funds`	`funds`	`funds`
		`£`	`£`	`£`	`£`
	`Bankcurrentaccount`	`538`	`4,677`	`31,611`	`27,226`
	`Bankdepositaccount`			`18,447`	`18,444`
	`Total`	`538`	`4,677`	`50,058`	`45,670`
`12.`	`CREDITORS:AMOUNTSFALLINGDUEWITHINONE`		`YEAR`
				`31.12.21`	`31.12.20`
				`£`	`£`
	`Bankloansandoverdrafts(seenote14)`			`7,539`	`6,288`
	`Accruedexpenses`			`2,708`	`780`
				`10,247`	`7,068`

	`NotestotheFinancialStatements- continued` `fortheYearEnded31December2021`
`13.`	`CREDITORS:AMOUNTSFALLINGDUEAFTERMORETHANONEYEAR`
		`31.12.21`	`31.12.20`
		`£`	`£`
	`Bankloans(seenote14)`	`321,275`	`330,065`
`14.`	`LOANS`
	`Ananalysisofthematurityofloansisgivenbelow:`
		`31.12.21`	`31.12.20`
		`£`	`£`
	`Amountsfallingduewithinoneyearondemand:`
	`Bankloans`	`7,539`	`6,288`
	`Amountsfallingbetweenoneandtwoyears:`
	`Bankloans- 1-2years`	`7^539`	`g288`
	`Amountsfallingduebetweentwoandfiveyears:`
	`Bankloans- 2-5years`	`22,617`	`18,864`
	`Amountsfallingdueinmorethanfiveyears:`
	`Repayablebyinstalments:`
	`Bankloansmore5 yrbyinstal`	`291,119`	`304913`
`15.`	`SECUREDDEBTS`
	`Thefollowingsecureddebtsareincludedwithincreditors:`
		`31.12.21`	`31.12.20`
	`Bankloans`	`£` `328,814`	`£` `336,353`
	`ThebankloanfromKingdomBankissecuredovertheFreeholdProperty.`
	`'`		`i`

`MOVEMENTINFUNDS`
		`Net`	`Transfers`
		`movement`	`between`	`At`
	`AtI.I.2I`	`infunds`	`funds`	`31.12.21`
	`£`	`£`	`£`	`£`
`Unrestrictedfunds`
`Generalfund`	`455,854`	`7,643`	`(8,374)`	`455,123`
`Restrictedfunds`
`Buildingfund`	`671`	`(4,981)`	`6,863`	`2,553`
`Foodbank` `Community`	`4,136`	`(2,471)` `(858)`	`858`	`1,665`
`Childrenandyouth`	`2,025`	`6,151`	`653`	`8,829`
`NewHorizons`	`305`	`233`		`538`
`NominatedFunds`	`2,196`	`2,481`		`4,677`
	`9,333`	`555`	`8,374`	`18,262`
`TOTALFUNDS`	`465,187`	`8,198`	`-`	`473,385`
`Netmovementinfiinds,includedintheaboveareasfollows:`
		`Incoming`	`Resources`	`Movement`
		`resources`	`expended`	`infunds`
		`£`	`£`	`£`
`Unrestrictedfunds`
`Generalfund`		`142,538`	`(134,895)`	`7,643`
`Restrictedfunds`
`Buildingfund`		`6,270`	`(11,251)`	`(4,981)`
`Foodbank` `Commimity` `Childrenandyouth` `NewHorizons`		`2,592` `13,770` `365`	`(5,063)` `(858)` `(7,619)` `(132)`	`(2,471)` `(858)` `6,151` `233`
`NominatedFunds`		`10,698`	`(8,217)`	`2,481`
		`33,695`	`(33,140)`	`555`
`TOTALFUNDS`		`176,233`	`(168,035)`	`8,198`

		`Net`	`Transfers`
		`movement`	`between`	`At`
	`At1.1.20`	`infunds`	`funds`	`31.12.20`
	`£`	`£`	`£`	`£`
`Unrestrictedfunds`
`Generalfund`	`428,557`	`32,714`	`(5,417)`	`455,854`
`Restrictedfunds`
`Buildingfiind`		`(2,569)`	`3,240`	`671`
`Foodbank` `Community`	`2,262`	`1,874` `(712)`	`712`	`4,136`
`Childrenandyouth`		`560`	`1,465`	`2,025`
`NewHorizons`		`305`		`305`
`NominatedFunds`		`2,196`		`2,196`
	`2,262`	`1,654`	`5,417`	`9,333`
`TOTALFUNDS`	`430,819`	`34,368`	`-`	`465,187`
`Comparativenetmovementinfunds,includedintheaboveareas`		`follows:`
		`Incoming`	`Resources`	`Movement`
		`resources`	`expended`	`infunds`
		`£`	`£`	`£`
`Unrestrictedfunds`
`Generalfund`		`119,335`	`(86,621)`	`32,714`
`Restrictedfunds`
`Buildingfund`		`38,737`	`(41,306)`	`(2,569)`
`Foodbank` `Community` `Childrenandyouth`		`5,142` `2,189`	`(3,268)` `(712)` `(1,629)`	`1,874` `(712)` `560`
`NewHorizons`		`305`		`305`
`NominatedFunds`		`42,044`	`(39,848)`	`2,196`
		`88,417`	`(86,763)`	`1,654`
`TOTALFUNDS`		`207,752`	`(173,384)`	`34,368`

	`DetailedStatementofFinancialActivities`	`DetailedStatementofFinancialActivities`
	`fortheYearEnded31December2021`
			`31.12.21`	`31.12.20`
	`Unrestricted`	`Restricted`	`Total`	`Total`
	`funds`	`ftmds`	`ftmds`	`funds`
	`£`	`£`	`£`	`£`
`INCOMEANDENDOWMENTS`
`Donationsandlegacies`
`Grants` `Plannedgiving` `OfTerings` `GiOaidtaxreceipts` `Othergiftsanddonations`	`97,294` `20,985` `22,225` `1,350`	`2U68` `12^327`	`21,368` `97,294` `20,985` `22,225` `13,677`	`39,169` `64,649` `22,756` `17,640` `63,098`
	`141,854`	`33,695`	`175,549`	`207,312`
`Othertradingactivities`
`Othersundryincome`	`682`		`682`	`277`
`Roomhire`
				`142`
	`682`		`682`	`419`
`Investmentincome`
`Depositaccountinterest`				`21`
`Totalincomingresources`	`142,538`	`33,695`	`176,233`	`207,752`
`EXPENDITURE`
`Charitableactivities`
`Wages`	`54,535`	`-`	`54,535`	`35,504`
`Ratesandwater`	`423`	`-`	`423`	`257`
`Insurance` `Lightandheat` `Telephone` `Fixedrunningcosts` `Repairsandmaintenance` `Pastoralexpenses` `Cateringandcleaning` `Healthandsafety` `Smallgroups` `Worship` `Children&` `youth` `Community`	`2,191` `6,464` `943` `9,641` `13,610` `5,943` `9,891` `4,326` `144` `1,301` `-` `-`	`-` `-` `-` `-` `11,251` `-` `-` `-` `-` `-` `7,619` `858`	`2,191` `6,464` `943` `9,641` `24,861` `5,943` `9,891` `4,326` `144` `131` `7,619` `858`	`2,116` `6,045` `1,019` `1,338` `43,808` `3,687` `8,289` `1,610` `29` `652` `1,629` `712`
`Foodbank` `Newhorizons`	`-` `-`	`5,063` `132`	`5,063` `132`	`3,268` `_`
`Nominatedfundexpenditure` `Carriedforward`	`-` `109,412`	`8,217` `33,140`	`8,217` `142,552`	`39,848` `149,811`

			`31.12.21`	`31.12.20`
	`Unrestricted`	`Restricted`	`Total`	`Total`
	`ftinds`	`fiinds`	`funds`	`funds`
	`£`	`£`	`£`	`£`
`Charitableactivities`
`Broughtforward`	`109,412`	`33,140`	`142,552`	`149,811`
`Depreciationoftangiblefixedassets` `Overseasmissions`	`3,152` `9,422`	`-` `-`	`3152` `9^422`	`3938` `6io42`
	`121,986`	`33,140`	`155,126`	`159,791`
`Other`
`Bankloaninterest`	`12,129`	`-`	`12,129`	`12,813`
`Supportcosts`
`Governancecosts`
`Independentexaminersfee`	`780`	`-`	`78O`	`780`
`Totalresourcesexpended`	`134,895`	`33,140`	`168,035`	`173,384`
`Netincome`	`7,643`	`555`	`8,198`	`34.368`