| Contents | |||
|---|---|---|---|
| Page | |||
| Legal and Administrative | Information. | ||
| Report ofthe Trustees. | . | ||
| Independent Examiners |
Report. | ||
| Statement of Financial | Activities (SOFA) | ||
| Balance Sheet. | |||
| Notes to the Accounts. | .10-16 |
| Address: | Address: | Address: | Address: | Linden Christian Centre Elmgrove Road West Cross Swansea SA3 5LD |
Linden Christian Centre Elmgrove Road West Cross Swansea SA3 5LD |
Linden Christian Centre Elmgrove Road West Cross Swansea SA3 5LD |
Linden Christian Centre Elmgrove Road West Cross Swansea SA3 5LD |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Linden Church 19$1996. |
Trust, | is governed by a Trust Deed, with which |
they | obtained | charitable | status | on February | ||||||||||
| ~fii | i | I fifififi | |||||||||||||||
| The | current Leadership | Team structure, having spiritual leadership |
ofthe church, was set in place | in February | |||||||||||||
| 1999. | It is they | who are those entitled to appoint |
Trustees. The Trustees, | being | legally responsible | for the | |||||||||||
| control | 8 management | ofthe Trust. | |||||||||||||||
| Leaders: | Chris Matthews | ||||||||||||||||
| Phillipa Sampson | (stepped | down | 17/8/2020) | ||||||||||||||
| Tim Brown | |||||||||||||||||
| Ben Evans | |||||||||||||||||
| Helen Hunter |
|||||||||||||||||
| Chris Bidder | |||||||||||||||||
| Trustees: | Paul Flynn (Chair) | ||||||||||||||||
| Chris Matthews | |||||||||||||||||
| Tim Brown | |||||||||||||||||
| Kiistina Williams | |||||||||||||||||
| Rachel Percival | |||||||||||||||||
| Tracy ingham (Finance Manager) |
|||||||||||||||||
| Mare Rhys Jones | |||||||||||||||||
| Kate Piper | |||||||||||||||||
| Simon Groves | |||||||||||||||||
| independent | Examiner: | Ashmole 8 Co. Chartered |
Certified Accountant | ||||||||||||||
| The Old School | |||||||||||||||||
| The Quay | |||||||||||||||||
| Carmarthen | |||||||||||||||||
| SA31 3LN | |||||||||||||||||
| Bankers: | Royal Bank ofScotland, 13-14Walter Road, Swansea. | SA1 5NG. | |||||||||||||||
| CAF Bank, Kings | Hill, West Mailing, | Kent. ME19 | 4TA. | ||||||||||||||
| Swansea Building |
Society | ||||||||||||||||
| Virgin Money pic. , | Jubilee | House, | Gosfoith, | Newcastle | upon Tyne, NE3 4PL |
| Statement of Financial A | Statement of Financial A | Statement of Financial A | Statement of Financial A | c | tivities | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| for ear endin 31 December2020 |
||||||||||||
| Unrestricted | Restricted | Total | ||||||||||
| Note | Funds | Funds | Funds | last | ear | |||||||
| INCOMING RESOURCES | ||||||||||||
| Volunta income |
||||||||||||
| General donations and tax |
117166 | 46602 | 163768 | 175131 | ||||||||
| General grants and other |
income | 1060 | 1060 | |||||||||
| Donations from various |
activities | 1459 | 1643 | 3974 | ||||||||
| Activities for eneratin funds |
||||||||||||
| Cafe sales | 1096 | 27 | 1123 | 2967 | ||||||||
| Investment Income |
||||||||||||
| Bank Interest Received | 163 | 291 | ||||||||||
| Incomin resources from |
Charhable | Activities | ||||||||||
| Towards special projects | 1939 | 17471 | 19409 | 32166 | ||||||||
| Towards running costs |
||||||||||||
| Rental of hall/rooms | 8859 | 8859 | 9676 | |||||||||
| Rental towards costs of | flats | 4500 | 4500 | 11100 | ||||||||
| Grants towards provision |
ofcharitable | activities | 132944 | 132944 | 147193 | |||||||
| TOTAL INCOMING RESOURCES | 134968 | 198502 | 333470 | 382748 | ||||||||
| RESOURCES EXPENDED | ||||||||||||
| Costs of eneratin volunta |
income | |||||||||||
| Hos ital |
161 | 161 | 214 | |||||||||
| Administration | 301 | 301 | 2g3 | |||||||||
| Fundraisin Tradin Costs |
||||||||||||
| Cost ofstock | 493 | 493 | ||||||||||
| Cost ofcafe resources | 1589 | 4067 | ||||||||||
| Investment Mana ament Costs |
||||||||||||
| Bank cha es |
100 | 100 | 60 | |||||||||
| Ex enditure on Charitable |
Activities | |||||||||||
| Hos ital' |
309 | 309 | 847 | |||||||||
| Su ort Costs |
8066 | 11262 | 19328 | |||||||||
| Administration | 1306 | 1306 | 1323 | |||||||||
| Stalf Wa es Salaries and | Associated | Costs | 67 | 61656 | 107153 | 168809 | 198963 | |||||
| Gifts and Grants | 9745 | 10102 | 10829 | |||||||||
| Pro ect Resources | 470 | 2406 | 2877 | 6939 | ||||||||
| Ren Rates Li ht &Heat |
8819 | 6706 | 15525 | 16452 | ||||||||
| Mission trl |
1335 | |||||||||||
| Governance Costs |
||||||||||||
| Admin for trustee meetin |
s 8 | accounts | work | 9797 | 9797 | 9532 | ||||||
| Su ort Costs |
700 | 700 | ||||||||||
| Trustee nses |
||||||||||||
| Insurance | 5050 | 1274 | 6325 | 6871 | ||||||||
| Mort a e Interest | 1533 | 1533 | 2154 | |||||||||
| Buildin redevelo ment |
costs | 957 | 957 | 76241 | ||||||||
| De reciation | 9500 | 9500 | 9500 | |||||||||
| Subscri tions Licences |
&Fees | 2929 | 2466 | 5395 | 5119 | |||||||
| Cleanin and Buildin Maintenance |
10933 | 10933 | 12513 | |||||||||
| Secu Health and Safe |
2286 | 2286 | 2695 | |||||||||
| Inde endent examination |
516 | 516 | 1440 | |||||||||
| TOTAL RESOURCES EXPENDED | 134994 | 134480 | 269475 | 398563 | ||||||||
| NET INCOMING RESOURCES Before | transfers | -27 | 64022 | 63995 | -15815 | |||||||
| MOVEMENTS IN FUNDS |
||||||||||||
| Transfers between funds |
-1996 | 1996 | ||||||||||
| Gains/Losses on Revaluation |
ofFixed | Assets | ||||||||||
| Other re nised aine/ |
losses | |||||||||||
| NET MOVEMENT IN FUNDS |
-2023 | 66018 | 63995 | -15815 | ||||||||
| TOTAL FUNDS BROUGHT | FORWARD | 518955 | 91418 | 610373 | 626188 | |||||||
| TOTAL FUNDS CARRIED FORWARD | 516932 | 157436 | 674368 | 610374 |
| Balance Sheet | Balance Sheet | Balance Sheet | Balance Sheet | Balance Sheet | |||||
|---|---|---|---|---|---|---|---|---|---|
| for ear endin 31 December 2020 |
|||||||||
| Unrestricted | Resbfcted | Total | |||||||
| Note | Funds | Funds | Funds | last ear |
|||||
| FIXEDASSETS | |||||||||
| Tan ible Assets |
627384 | 627384 | 533068 | ||||||
| CURRENT ASSETS | 10.1 | ||||||||
| Stock and work in r |
ress | ||||||||
| Debtors &Pre a | nts | 14042 | 14042 | 11338 | |||||
| Short term investments |
|||||||||
| Bank &Cash | -36057 | 157436 | 121379 | ||||||
| -22015 | 157436 | 135421 | |||||||
| CURRENT LIABILITIES | |||||||||
| Creditors due within |
one | ear | 8 Accruals | 28967 | 28967 | 29237 | |||
| 28967 | 28967 | 29237 | |||||||
| NET CURRENT ASSETS | -50982 | 157436 | 106464 | 46603 | |||||
| TOTAL ASSETS LESSCURRENT LIABIUTIES | 576402 | 733838 | 679671 | ||||||
| Debtors due afterone | ear | 10.2 | |||||||
| Creditom due after one |
ear | 11.2 | 59471 | 59471 | 69299 | ||||
| Provisions for Liabilities |
&Cha | es | |||||||
| TOTAL NET ASSETS | 516932 | 157436 | 674368 | 610373 | |||||
| FUNDS OF THE CHARITY | 14 | ||||||||
| Unrestricted Funds |
466932 | 466932 | 468955 | ||||||
| Workin Reserve |
50000 | 50000 | 50000 | ||||||
| Desi nated funds |
|||||||||
| Restricted Income Funds |
157436 | 157436 | 91418 | ||||||
| TOTAL FUNDS | 516932 | 157436 | 674368 | 610373 |
| Support | Costs are as follows: | THIS YEAR | THIS YEAR | LAST YEAR | |||
|---|---|---|---|---|---|---|---|
| unresbicted | Funds- | Governance | Restricted | ||||
| charitable | activ' | costs | Funds | TOTAL | TOTAL | ||
| Stationery | and postage | 617 | 400 | 4280 | 5298 | 1535 | |
| Telephone | and Internet | 1320 | 300 | 132 | 1752 | 1663 | |
| Speakers | and Volunteer Expenses | 150 | 68 | 218 | |||
| Other resources/ books small equipment |
2087 | 5752 | 6940 | ||||
| Courses and training | 896 | 335 | 1231 | 2598 | |||
| Travel expenses | 2276 | 2661 | 4936 | 15339 | |||
| Advertisin | 720 | 525 | |||||
| BI,066 | 6700 | 611262 | 620 028 | 529153 |
| This Year | Last Year | |||||
|---|---|---|---|---|---|---|
| Gross Wages, salaries and benefits | in kind | 142934 | 153562 | |||
| Emplo er's National | Insurance | costs | 8274 | |||
| Pension Costs | 4713 | |||||
| 6155921 | F168520 |
| Area ofem | lo | ent | This Year | Last Year | |
|---|---|---|---|---|---|
| Fundraising | 0.13 | 0.15 | |||
| Charitable | Acdvities | 4.71 | 5.07 | ||
| Governance | 0.69 | 1.07 | |||
| 5.53 | 6.28 |
| This Year | Last Year | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| The | costs ofthe scheme to the | chari | forthe | ear | 64713 | 65481 | |||
| The | amount ofan | contributions | outstandin | at | the | ear end | |||
| The | amount ofan | contributions | re | aid at the | ear | end | f1132 |
| Grants | to | Grants to | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Purpose | for which grants made | institutions | individuals | |||||||
| Zambia | —Mutende project (via Care ofZambia) |
f3400 | ||||||||
| Support | for Beirut (via TearFund 8 | International | Health | |||||||
| Partners | F1000 | |||||||||
| Smaller | gifts in line with charitable | purpose | f3104 | f2598 | ||||||
| 67504 | 62598 | |||||||||
| E10102 | ||||||||||
| Fixed Assets | ||||||||||
| Freehold Land and Buildings |
E | Fixtures Fittings and ui ment IT Equipment |
TOTAL | |||||||
| Cost or | valuation | |||||||||
| Opening | Balance Cost | 6775,000 | 636,287 | 66,297 | 6817,583 | |||||
| Additions | in Year | |||||||||
| Revaluabons | ||||||||||
| Disposals in Year |
||||||||||
| Closing | Balance at Cost | 6775,000 | 636,287 | 611,343 | 6822,629 | |||||
| Accumulated depreciation |
and | |||||||||
| im airment rovisions |
||||||||||
| Opening | Accumulated Depreciation |
6142,500 | 636,287 | 65,729 | 6184,516 | |||||
| Depreciation charge for year |
f9,500 | 61,230 | 610,730 | |||||||
| Revaluations | ||||||||||
| Released on Disposal | ||||||||||
| Closing | Accumulated Depreciation |
6162,000 | 636,287 | 66,959 | 6195,245 | |||||
| Closing | Net Book Value | 6623,000 | 60 | 64,384 | 6627,384 |
| This Year | Last Year | ||||
|---|---|---|---|---|---|
| Trade debtors | f5,745 | 65,418 | |||
| Amounts from |
subsidiary | and associated | undertakings | ||
| Other debtors | F7,424 | f5,481 | |||
| Prepayments | and accrued | income | 6873 | F438 | |
| 614,042 | F11,338 |
| This Year | Last Year | |||
|---|---|---|---|---|
| Loan and overdrafls | (see note 11.3) | F11,559 | 611,824 | |
| Trade creditors | ||||
| Other creditors | F9,924 | 69,179 | ||
| Accruals and deferred | income | 68,234 | ||
| 628,967 | 629,237 |
| This Year | Last Year | ||||||
|---|---|---|---|---|---|---|---|
| Loan | and | overdrafts | (see | note | 11.3) | F59,471 | F69,299 |
| 659,471 | 669,299 |
| Amount outstanding |
Amount outstanding |
year end 2020: | F71,030 |
|---|---|---|---|
| Payments | due in 2021: |
611,559 | |
| Due longer | term: | F59,471 | |
| Term Left | 6Years |
| e follow | in | g amounts were paid to trust |
ees as salary as permitted in th |
e Trust Deed: |
|---|---|---|---|---|
| Name | This Year | Last Year | ||
| Christo | her Matthews | E22 882 | F29,806 | |
| Kristina | Williams | F17753 | F13102 | |
| Trac | in | ham | 615,745 | F15062 |
| Fund | Fund | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| balances | balances | ||||||||
| brought | Incoming | Outgoing | canted | ||||||
| forward | resources | resources | Transfers | forward | |||||
| Unrestncted Funds: |
|||||||||
| Main fund | 118617 | ||||||||
| WCVA VSRF rant |
466790 | 980 | -108123 | -9267 | 469076 | ||||
| Pa al Givin Fund |
80 | ||||||||
| Mission Tri | 665 | -710 | -110 | ||||||
| Buildin s-Linden |
Red Flats &P | 2 | 13359 | -23213 | 9854 | ||||
| Red Events | 1090 | -550 | |||||||
| Youth &Children's | work (incl schools | ||||||||
| work & P&T | 398 | -1891 | -1493 | ||||||
| EOTAS | 1500 | 1114 | -1050 | -2059 | 495 | ||||
| Prision Work | 40 | -56 | 16 | ||||||
| Total Unrestricted | 468955 | 134968 | -134994 | -1996 | 466932 | ||||
| Fund | Fund | ||||||||
| balances | balances | ||||||||
| brought | Incoming | Outgoing | carried | ||||||
| forward | resources | resources | Transfers | forward | |||||
| Desi nated &Restricted funds: |
|||||||||
| Red Youth Work | |||||||||
| WCVA VSRF grant | 3800 | ||||||||
| Youth cafe sales | 8 other income | -1915 | 847 | 3271 | |||||
| -1915 | 4647 | 3271 | 6003 | ||||||
| Spotlight | |||||||||
| Heritage Lottery |
-4203 | 2790 | -583 | ||||||
| -4203 | 2790 | 1996 | |||||||
| Red Media (incl | Down | to Earth) | |||||||
| Catalydd (for the |
James | Project) | 2500 | -2500 | |||||
| National Lottery Awards |
for All | 8500 | |||||||
| D2E (Invoiced) | 450 | 1800 | -1800 | ||||||
| Other income | 3495 | 5852 | -2771 | ||||||
| 14945 | 7652 | -7071 | 15526 | ||||||
| Well Being | |||||||||
| Co-op Local Community | Fund | 4186 | -4186 | ||||||
| 4186 | 4186 | ||||||||
| Holiday Playscheme | |||||||||
| SCCCYP Fund | 1000 | -625 | |||||||
| 1000 | -625 | 375 | |||||||
| Musical Memories -West Cross | |||||||||
| Sancta Maria (2019 | &2020 funding) | 15000 | -15000 | ||||||
| ICF | 24228 | -24228 | |||||||
| Charities Aid Foundation |
(covid fund) | 1000 | -1000 | ||||||
| Edward Gostling |
Foundation | 2500 | -2500 | ||||||
| WCVA VSRF grant | 5600 | -5600 | |||||||
| Mercers Company | 5000 | -5000 | |||||||
| Hertiage Lottery |
5700 | ||||||||
| General donations | 2906 | 3481 | 18955 | ||||||
| 2906 | 62508 | -34372 | 5332 | 36374 |
| Remember Me |
|||||||||
|---|---|---|---|---|---|---|---|---|---|
| CCS (Invoiced) | 2482 | -3490 | |||||||
| 2482 | -3490 | -6332 | |||||||
| Foodbank | |||||||||
| RCF (Invoiced) | 7337 | -7337 | |||||||
| Mumbles Community |
Coundl | 500 | -500 | ||||||
| Charities Aid Foundation |
(covid emergency | ||||||||
| fund) | 1000 | -1000 | |||||||
| General donations | 8 | other income | 28571 | -9575 | |||||
| 37408 | -18412 | 27340 | |||||||
| CDVID19 Emergency | Kitchen | ||||||||
| Swansea Food Proverty |
Fund | 3673 | -3673 | ||||||
| Charities Aid Foundation |
(covid emergency | ||||||||
| fund) | 1000 | -1000 | |||||||
| General donations | 8 | other income | 5224 | 1133 | |||||
| 9897 | |||||||||
| Bloom | |||||||||
| Weslyan Foundation |
3000 | -3000 | |||||||
| Generaldonations | 8681 | 675 | -2813 | ||||||
| 8681 | 3675 | ||||||||
| Transition | |||||||||
| Exousia (to fund M Miles) | 765 | -765 | |||||||
| Didymus CIO |
9150 | 10000 | -6583 | ||||||
| Heathcoat-Amory | Charitable | Trust | 200 | -200 | |||||
| 29th May 1961Charitable | Trust | 2000 | -2000 | ||||||
| Lancaster Foundation | 1000 | -850 | |||||||
| Sydney Black Charitable | Trust | 500 | -500 | ||||||
| Gwenoline &Margaret |
Device Trust | 2000 | -2000 | ||||||
| Souter Charitable | Trust | 3000 | -3000 | ||||||
| Generaldonations | 36158 | 9290 | 6075 | ||||||
| 46073 | 27990 | -21973 | 52090 | ||||||
| Presence | |||||||||
| Lancaster Foundation | 4356 | -36729 | |||||||
| 38454 | -36729 | 6081 | |||||||
| Builidng Re-development | |||||||||
| General donations | &other income | 1705 | -957 | ||||||
| 1705 | -957 | ||||||||
| Total Resbtcted | &Desi | nated | 91418 | 198502 | -134480 | 1996 | 157436 | ||
| Workin Reserve |
50000 | 50000 | |||||||
| Total for all Funds | 610373 | 333470 | -269475 | 0 | 674368 |