#
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||12mont|12mont|12mont »|12mont|
|---|---|---|---|---|---|---|---|
|||Notes||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|2021|2020|
|Statement
of|Financial Activities|||||||
|INCOMING
RESOURCES||||||||
|Donations
and legacies
Investment
Income||2
3|r
e|69,858.95
1.32'|0.00
0.00|69,858.95
1.32|83,660.64
0.00|
|Total||||69,860.27|0.00|69,860.27|83,660.64|
|RESOURCES EXPENDED||||||||
|Cost of Raising Funds||4||(1,177.76)|0.00|(1,177.76)|(2,931.51)|
|Costs ofCharitable|Activities|||(73,461.23)|0.00|(73,461.23)|(90,377.01)|
|Total||||(74,638.99)|0.00|(74,638.99)|(93,308.52)|
|NET (EXPENDITURE)/INCOME||||(4,778.72)|0.00|(4,778.72)|(9,647.88)|
|Total Funds brought|forward|||240,284.95|(1,131.57)|239,153.38|248,801.26|
|Transfers between|funds|||(1,131.57)|1,131.57|0.00|0.00|
|TOTAL FUNDS CARRIED FORWARD||||234,374.66|0.00|234,374.66|239,153.38|
|Balance Sheet||||||||
|FIXEDASSETS||||||||
|Tangible Assets||9||224,857.41|0.00|224,857.41|216,597.24|
|CURRENT ASSETS||||||||
|Stock||||0.00|0.00|0.00|602.41|
|Debtors||||704.10|0.00|704.10|4,767.68|
|Bank||||12,261.74|0.00|12,261.74|23,485.97|
|Total current assets||||12,965.84|0.00|12,965.84|28,856.06|
|Creditors: Amounts|falling due within 1Year|11||(3,448.59)|0.00|(3,448.59)|(6,299.92)|
|NET CURRENT ASSETS||||9,517.25|0.00|9,517.25|22,556.14|
|TOTAL ASSETS LESS|CURRENT LIABILITIES|||234,374.66|0.00|234,374.66|239,153.38|
|REPRESENTED BY||||||||
|Unrestricted
Funds||||234,374.66|0.00|234,374.66|240,284.95|
|Restricted
Funds||||0.00|0.00|0.00|(1,131.57)|
|TOTAL FUNDS||||234,374.66|0.00|234,374.66|239,153.38|
|Signed on behalf ofthe Trustees:|||Date: 20th March||2022|||
##
##
|||||12mont|12mont|12mon~|~~|12mon~|
|---|---|---|---|---|---|---|---|---|
||||Notes|Unrestricted|Restricted|Total||Total|
|||||Funds|Funds|2021||2020|
|2.DONATIONS|AND|LEGACIES|||||||
|Voluntary
Income|||||||||
|Freewill
offerings||||182.00|0.00|182.00||25,828.88|
|Freewill offerings Tuesday fellowship||||0.00|0.00|0.00||2,138.45|
|Funds from former Grace City church||||66,151.78|0.00|66,151.78||31,876.46|
|Miscellaneous|Income|||3,010.17|0.00|3,010.17||2,462.88|
|||||69,343.95|0.00|69,343.95||62,306.67|
|Other Income|||||||||
|Donations
qualifying||for gift aid||0.00|0.00|0.00||5,986.50|
|Room Hire||||0.00|0.00|0.00||3,015.00|
|Rental Income||||0.00|0.00|0.00||2,145.00|
|Bookshop sales||||515.00|0.00|515.00||3,125.72|
|Sundry Donations||||0.00|0.00|0.00||780.00|
|Tax Refunds on|Gift|Aid||0.00|0.00|0.00||6,301.75|
|Total Donations|and|legacies||69,858.95|0.00|69,858.95||83,660.64|
||||||12mont|12mont|12mont|12mont ~|
|---|---|---|---|---|---|---|---|---|
||||Notes||Unrestricted|Restricted|Total|Total|
||||||Funds|Funds|2021|2020|
|3.INVESTMENT INCOME
Bank Interest receivable|||||1.32 '|0.00|1.32|0.00|
|Total Investment
Income|||||1.32|0.00|1.32|0.00|
|4.COST OF RAISING FUNDS|||||||||
|Bookshop Purchases|||||804.88|0.00|804.88|1,950.79|
|Kitchen expenses|||||372.88|0.00|372.88|0.00|
|Tuesday fellowship
expenses|||||0.00|0.00|0.00|871.50|
|Magazines|||||0.00|0.00|0.00|109.22|
|Total Cost ofRaising Funds|||||1,177.76|0.00|1,177.76|2,931.51|
|5.COSTS OF CHARITABLE ACTIVITIES|||||||||
|Staff costs and emoluments|||||42,078.26|0.00|42,078.26|55,295.52|
|Missionary
gifts and support|||||0.00|0.00|0.00|274.00|
|General expenses|||||920.04|0.00|920.04|547.91|
|Sunday school and Youth expenses|||||0.00|0.00|0.00|649.00|
|Travel expenses and subsistance|||||0.00|0.00|0.00|200.00|
|Gas, water and electricity|||||13,464.31|0.00|13,464.31|16,702.86|
|Maintenance,
cleaning repairs|||and renewals||2,643.78|0.00|2,643.78|4,948.28|
|Car park rental|||||3,600.00|0.00|3,600.00|3,600.00|
|Insurance|||||3,557.18|0.00|3,557.18|3,158.05|
|Telephone|||||1,144.45|0.00|1,144.45|1,889.38|
|Donations|||||500.00|0.00|500.00|0.00|
|AOG Subscriptions|||||1,980.00|0.00|1,980.00|2,160.00|
|Criminal
record checks|||||171.00|0.00|171.00|162.00|
|Accountancy|||||843.41|0.00|843.41|395.00|
|Depreciation
-fixtures|||||161.53|0.00|161.53|139.81|
|Depreciation
—computers|||||2,397.27|0.00|2,397.27|255.20|
|Total Costs ofCharitable
Activities|||||73,461.23|0.00|73,461.23|90,377.01|
|6.STAFF COSTSAND EMOLUMENTS|||||||||
|Stipends, salaries, pensions||and NIC|||39,878.26|0.00|39,878.26|52,695.52|
|Visiting ministry fees and|accomodation||||2,200.00|0.00|2,200.00|2,600.00|
|Total Staff costs and emoluments|||||42,078.26|0.00|42,078.26|55,295.52|
|7.MISSIONARY GIFTSAND|SUPPORT||||||||
|Miscellaneous
missionary|costs||||0.00|0.00|0.00|274.00|
|Total Missionary
gifts and|support||||0.00|0.00|0.00|274.00|
|8.TRUSTEES RENUMERATION|||AND EXPENSES||||||
|Renumeration
(including
Employer pension/NHI)||||and|expenses were paid|as shown|below totrustees for services as m||
|Pastor j Partington|||||2,200.00|0.00|2,200.00|2,500.00|
|Pastor D Chunda|||||26,819.76|0.00|26,819.76|26,841.36|
|Total Trustees Renumeration|||and expenses||29,019.76|0.00|29,019.76|29,341.36|
##
##
|9.TANG ISLEASSETS||||||
|---|---|---|---|---|---|
||||Furniture|||
|||Freehold
Land|Fixtures
gr|Computer||
|||and Buildings|Equipment|Equipment|Total|
|Opening
Cost||218,133.00|130,217.58|8,885.86|357,236.44|
|Additions||0.00|0.00|10,818.97|10,818.97|
|Closing Cost||218,133.00|130,217.58|19,704.83|368,055.41|
|Opening
Depreciation||3,495.00|129,346.57|7,797.63|140,639.20|
|Charge forthe period||0.00|139.81|2,418.99|2,558.80|
|Closing Cost||3,495.00|129,486.38|10,216.62|143,198.00|
|Net BookValue||||||
|As at 31st March 2020||214,638.00|871.01|1,088.23|216,597.24|
|As at 31st March 2021||214,638.00|731.20|9,488.21|224,857.41|
|||12mont|12mont|12mont|12mont|
||Notes|Unrestricted|Restricted|Total|Total|
|||Funds|Funds|2021|2020|
|10.DEBTORS||||||
|Gift Aid claims||0.00|0.00|0.00|4,310.00|
|Prepayments||704.10|0.00|704.10|457.68|
|Total Debtors||704.10|0.00|704.10|4,767.68|
|11.CREDITORS: AMOUNTS|FALLING DUE WITHIN 1YEAR|||||
|Accruals||2,971.27|0.00|2,971.27|4,509.81|
|Pension Fund deductions
Taxation and Social Security||140.00
337.32 '|0.00
0.00|140.00
337.32|0.00
1,790.11|
|Total Creditors: Amounts|falling due within 1Year|3,448.59|0.00|3,448.59|6,299.92|
##