|||||Page|
|---|---|---|---|---|
|Report of the|Trustees|||1to2|
|Independent|Examiner's|Report|||
|Statement of|Financial|Activities|||
|BaIance Sheet|||||
|Notes to the Financial Statements||||6to 10|
|Detailed Statement
of Financial|||Activities|11to 12|
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|||||||Year ended|Year ended|
|---|---|---|---|---|---|---|---|
|||||||31.12.20|31.12.19|
|||||Unrestricted|Restricted|||
|||||fund|fund|Total funds|Total funds|
||||Notes|||||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||50,368|154,130|204,498|528,450|
|Other trading activities||||19,781||19,781|3,049|
|Investment
income||||771||771|287|
|||||70,920|154,130|225,050|531,786|
|EXPENDITURE ON||||||||
|Running
Costs||||60,767|0|60,767|57,290|
|Other||||284,573|174,382|458,955|233,706|
|||||345,340|174,382|519,722|290,996|
|NET INCOME/(EXPENDITURE)||||(274,420)|(20,252)|(294,672)|240,790|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought forward||||687,015|20,252|707,267|466,477|
|TOTAL FUNDS CARRIED FORWARD||||412,595|0|412,595|707,267|
##
|BALANCE SHEET
AT 31STDECEMBER 2020|||||||
|---|---|---|---|---|---|---|
||||||Year ended|Year ended|
||||||31.12.20|31.12.19|
|||Unrestricted|Restricted||||
|||fund|fund||Total funds|Total funds|
||Notes||||||
|FIXED ASSETS|||||||
|Tangible assets||437,195||0|437,195|437,893|
|CURRENT ASSETS|||||||
|Debtors
Cash at bank and in hand||1,753
27,386|||1,753
27,386|6,670
318,312|
|||29,139|||29,139|324,982|
|CREDITORS|||||||
|Amounts
falling due within one year|10|(3,075)|||(3,075)|(3,075)|
|NET CURRENT ASSETS||26,064|||26,064|321,907|
|TOTAL ASSETS LESS CURRENT LIABILITIES||463,259||0|463,259|759,800|
|CREDITORS|||||||
|Amounts
falling due after more than one year|11|(50,664)||0|(50,664)|(52,533)|
|NET ASSETS||412,595||0|412,595|707,267|
|FUNDS|13||||||
|Unrestricted
funds|||||412,595|687,015|
|Restricted funds|||||0|20,252|
|TOTAL FUNDS|||||412,595|707,267|
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|2.|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|Year ended|Year ended|
|---|---|---|---|---|
||||31.12.20|31.12.19|
||||E|E|
||Rents received||10,516|3,049|
||COVID 19Furlough|Grants|9,265|0|
||||19,781|3,049|
|3.|INVESTMENT INCOME||Year ended|Year ended|
||||31.12.20|31.12.19|
||||E|E|
||Gross Bank Interest|received|771|287|
|4.|RUNNING
COSTS||||
||||Year ended|Year ended|
||||31.12.20|31.12.19|
||||E||
||Support costs||60 767|57 290|
|Year ended|Year ended|
|---|---|
|31.12.20|31.12.19|
|7.|COMPARATIVES
FOR|THE STATEMENT OF FINANCIAL ACTIVITIES|THE STATEMENT OF FINANCIAL ACTIVITIES|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||fund|fund||Total funds|
|||||E|||E|
||INCOME AND ENDOWMENTS||FROM|||||
||Donations
and legacies
Other trading activities
Investment
income|||301,215
3,049
287|227,235
0
0||528,450
3,049
287|
||Total|||304,551|227,235||531,786|
||EXPENDITURE ON|||||||
||Running
Costs|||57,290|||57,290|
||Other|||6,471|227,235||233,706|
||Total|||63,761|227,235||290,996|
||NET INCOME/(EXPENDITURE)|||240,790||0|240,790|
||RECONCILIATION
OF|FUNDS||||||
||Total funds brought|forward||466,477||0|466,477|
||TOTAL FUNDS CARRIED FORWARD|||707,267||0|707,267|
|8.|TANGIBLE FIXEDASSETS|||||||
||||Freehold|Property|Plant|&||
||||property|improvements|Machinery||Total|
||||||||E|
||COST|||||||
||At 1stJanuary 2020||409,300|23,953|10,703||443,956|
||Additions||0|0||287|287|
||At 31st December 2020||409,300|23,953|10,990||444,243|
||DEPRECIATION|||||||
||At 1stJanuary 2020|||||6,063|6,063|
||Charge for year|||||985|985|
||At 31st December 2020|||||7,048|7,048|
||NET BOOK VALUE|||||||
||At 31st December 2020||409,300|23,953||3,942|437,195|
||At 31st December 2019||409,300|23,953||4,640|437,893|
##
##
|.||||||Year ended|Year ended|
|---|---|---|---|---|---|---|---|
|||||||31.12.20|31.12.19|
|||||||f||
||Other Debtors - Gift Aid Tax|||reclaimed||1,753|6,670|
|||||||1,753|6,670|
|10.|CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR|||||||
|||||||Year ended|Year ended|
|||||||31.12.20|31.12.19|
||||||||f|
||Bank loans and overdrafts
(see note 12)
Other creditors
and accruals|||||2,400
675|2,400
675|
|||||||3,075|3,075|
|11.|CREDITORS: AMOUNTS
FALLING DUE AFTER MORE THAN ONE YEAR|||||||
|||||||Year ended|Year ended|
|||||||31.12.20|31.12.19|
|||||||f|f|
||Bank loans|(see note 12)||||50,664|52,533|
|||||||50,664|52,533|
|12.|LOANS|||||||
||An analysis|ofthe maturity||of|loans
is given below:|Year ended|Year ended|
|||||||31.12.20|31.12.19|
||Amounts
falling due within
Bank loans|||one year on demand:||2,400|2,400|
||Amounts
falling due between
Bank loans - 2 - 5 years||||two and five years:|9,600|9,600|
||Amounts
falling due in more than five years:|||||||
||Repayable
Bank loans|by instalments:
more than 5 years|||by instalment|41,064|42,933|
##
##
|MOVEMENT
IN FUNDS|||||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement
in||
|||||At 01.01.20|funds|At 31.12.20|
|||||E||E|
|Unrestricted
funds|||||||
|General fund||||687,015|(274,420)|412,595|
|Restricted funds|||||||
|Lighthouse
Project||||20,252|(20,252)||
|TOTAL FUND5||||707,267|(294,672)|412,595|
|Net movement
in funds,|included||in the above are as follows:|Incoming|Resources|Movement
in|
|||||resources|expended|funds|
|Unrestricted
funds|||||||
|General fund||||70,920|345,340|(274,420)|
|Restricted funds|||||||
|Lighthouse
Project||||154,130|174,382|(20,252)|
|TOTAL FUNDS||||225,050|519,722|(294,672)|
|Comparatives
for movement||in|funds||Net||
||||||movement
in||
|||||At 01.01.19|funds|At 31.12.19|
|||||E||E|
|Unrestricted
funds|||||||
|General fund||||446,225|240,790|687,015|
|Restricted funds|||||||
|Lighthouse
Project||||20,252||20,252|
|TOTAL FUNDS||||466,477|240,790|707,267|
|Net movement
in funds,|included||in the above are as follows:|Incoming|Resources|Movement
in|
|||||resources|expended|funds|
|Unrestricted
funds|||||||
|General fund||||304,551|(63,761)|240,790|
|Restricted funds|||||||
|Lighthouse
Project||||227,235|(227,235)||
|TOTAL FUNDS||||531,786|(290,996)|240,790|
##
|||Year ended|31.12.20|Year ended|31.12.19|
|---|---|---|---|---|---|
|||E|E|E|E|
|INCOME AND ENDOWMENTS||||||
|Donations
and legacies||||||
|Weekly Offerings
Gift Aid||44,721
3,147||50,690
14,230||
|Grants||2,500||236,295||
|Lighthouse
Project Grants
COVID 19Furlough
Grants||154,130
9,265|213,763|227,235
0|528,450|
||||213,763||528,450|
|Investment
income||||||
|Interest received
Rents received|||771
10,516||287
3,049|
|Tota I incoming
resources|||225,050||531,786|
|EXPENDITURE||||||
|Other trading activities
Equipment
Depreciation|||986||1,160|
|Other||||||
|Gifts and donations||8,060|8,060|2,750|2,750|
|SUPPORT COSTS||||||
|Management
Trustees'
salaries||28,956||28,530||
|Wages
Pension Contributions||2,640
2,476||10,236
2,860||
|Electricity
Other expenses
Rent, rates and water||1,628
1,555
375||1,856
600
897||
|Insurance||1,755||1,260||
|Gas||1,179||686||
|Telephone
Postage, Printing
8 Stationery
Sundries||1,258
265
1,083||829
150
1,089||
|Repairs
gt Renewals
Travelling
K Mileage
Computer
expenses
Tithe account expenditure
Lighthouse
Projects Costs
New Building - Legal@ Professional
New Building - Build Costs|Fees|11,830
0
0
2,837
19,421
428,649|57,837
448,070|1,451
0
34
4,117
25,780
201,455|54,595
227,235|
|Edit8Costsc/fwd|||514,953||285,740|
|||Year ended|31.12.20|Year ended|31.12.19|
|---|---|---|---|---|---|
|Expenditure
& Costs b/fwd|||514,953||285,740|
|Finance||||||
|Bank charges
Bank loan interest||(100)
3,549||(25)
3,651||
||||3,449||3,626|
|Governance
Costs||||||
|Legal and professional
Accountancy|fees|995
325|1,320|1,305
325|1,630|
|Total resources expended|||519,722||290,996|
|Net expenditure|||(294,672)||240,790|