| Legal and Administrative | Legal and Administrative | Information. | |
|---|---|---|---|
| Report ofthe | Trustees. | ....3-7 | |
| Independent | Examiners | Report. | |
| Statement of | Financial | Activities (SOFA) . | |
| Balance Sheet. | ... ..10 | ||
| Notes to the | Accounts. | . | ......11-17 |
| Addres | s: | s: | 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 |
Linden Christian Centre Elmgrove Road West Cross Swansea SA3 5LD |
Linden Christian Centre Elmgrove Road West Cross Swansea SA3 5LD |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Linden 1996. |
Church | Trust is | governed | by a Trust Deed, with which they | obtained | charitable | status on | February | 19~ | |||||||
| ~PI QfR | ||||||||||||||||
| The current Leadership 1999. It is they who are |
Team structure, having those entitled to appoint |
spiritual Trustees. |
leadership of the church, was set in place in February The Trustees, being legally responsible forthe control |
|||||||||||||
| &management | ofthe Trust. | |||||||||||||||
| Leaders: | Chris Matthews | |||||||||||||||
| Tim Brown | ||||||||||||||||
| Ben Evans | ||||||||||||||||
| Helen Hunter | ||||||||||||||||
| Chris Bidder | ||||||||||||||||
| Mandy Bayton |
||||||||||||||||
| Sam Pate | ||||||||||||||||
| Rachel Pate | ||||||||||||||||
| Trustees: | Paul Flynn (Chair) | |||||||||||||||
| Chris Matthews | ||||||||||||||||
| Tim Brown | ||||||||||||||||
| Kristina Williams | ||||||||||||||||
| Rachel Percival | ||||||||||||||||
| Tracy Ingham | (Finance Manager) | |||||||||||||||
| Mare Rhys Jones | (stepped | down 11th | May | 2021) | ||||||||||||
| Kate Piper | ||||||||||||||||
| Simon Groves | ||||||||||||||||
| Independent | Examiner. | Ashmole &Co. |
Chartered | Certified | Accountant | |||||||||||
| The Old School | ||||||||||||||||
| The Quay | ||||||||||||||||
| Carmarthen | ||||||||||||||||
| SA31 3LN | ||||||||||||||||
| Bankers: | Royal Bank of | Scotland, | 13-14Walter Road, Swansea. | SA1 5NG. | ||||||||||||
| CAF Bank, Kings | Hill, West Mailing, | Kent. ME194TA. | ||||||||||||||
| Swansea Building |
Society | |||||||||||||||
| Virgin Money pic. , | Jubilee | House, Gosforth, | Newcastle | upon Tyne, NE3 4PL |
| for ear endin 31 December2021 |
for ear endin 31 December2021 |
for ear endin 31 December2021 |
for ear endin 31 December2021 |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||||||||
| No* | Funds | Funds | Funds | last | r | ||||||||
| INCOMING RESOURCES | |||||||||||||
| Volonte Income |
|||||||||||||
| General donations and tax |
101282 | 44387 | 145670 | 163768 | |||||||||
| General grants and other |
income | 780 | 780 | 1060 | |||||||||
| Donations from various |
activities | 260 | 1167 | 1427 | |||||||||
| Activities for eneratln funds |
|||||||||||||
| CaM sales | 38 | 376 | 414 | 1123 | |||||||||
| Investment Income |
|||||||||||||
| Bank interest Received | 60 | 60 | 163 | ||||||||||
| Incomln resources from |
Charitable | Activities | |||||||||||
| Towards special projects | 1790 | 19894 | 21684 | 19409 | |||||||||
| Towards running costs |
2160 | 2160 | |||||||||||
| Rental of hall/rooms | 13827 | 13827 | 8859 | ||||||||||
| Rental towards costs of | flats | 12300 | 12300 | 4500 | |||||||||
| Grants towards provision |
ofcharitable | activities | 123577 | 123577 | 132944 | ||||||||
| TOTAL INCOMING RESOURCES | 132498 | 189402 | 321900 | 333470 | |||||||||
| RESOURCES EXPENDED | |||||||||||||
| Costs of eneratin volunta |
income | ||||||||||||
| Hos ital |
161 | ||||||||||||
| Administration | 307 | 307 | 301 | ||||||||||
| Fundraisin Tradin Costs |
|||||||||||||
| Cost ofstock | 46 | 493 | |||||||||||
| Cost ofrafa resources | 114 | 500 | 614 | 2221 | |||||||||
| Investment Mana ament Costs |
|||||||||||||
| Bank cha es |
98 | 17 | 115 | 100 | |||||||||
| Ex | nditure on Charitable |
Acbvlties | |||||||||||
| Hos ital |
20 | 20 | 309 | ||||||||||
| Su ort Costs |
3582 | 9693 | 13275 | 19328 | |||||||||
| Administration | 1332 | 1332 | 1306 | ||||||||||
| Staff Wa es Salaries and | Associated | Costs | 67 | 56220 | 113002 | 169222 | 168809 | ||||||
| Gifts and Grants | 9480 | 590 | 10070 | 10102 | |||||||||
| Pro ect Resources | 382 | 12822 | 13203 | 2877 | |||||||||
| Rent Rates Li ht & Heat |
8970 | 8052 | 17022 | 15525 | |||||||||
| Mission tri s |
|||||||||||||
| Governance Costs |
|||||||||||||
| Admin for trustee meetin | s &accounts | work | 9992 | 9992 | 9797 | ||||||||
| Su ort Costs |
700 | 700 | 700 | ||||||||||
| Trustee Ex enses | |||||||||||||
| Insurance | 2773 | 6437 | 6325 | ||||||||||
| Mort a e Interest |
702 | 702 | 1533 | ||||||||||
| Buildin redevelo ment |
costs | 21899 | 21899 | 957 | |||||||||
| De reciation | 9500 | 9500 | 9500 | ||||||||||
| Subscri tions Licences |
& Fees | 3690 | 1931 | 5621 | 5395 | ||||||||
| Cleanin and Buildin Maintenance ' |
15468 | 15468 | 10933 | ||||||||||
| Secu Health and Safe |
1870 | 1870 | 2286 | ||||||||||
| Inde endent examination |
1420 | 1420 | 516 | ||||||||||
| TOTAL RESOURCES EXPENDED | 126810 | 172532 | 299342 | 269475 | |||||||||
| NET INCOMING RESOURCES Before | transfers | 5687 | 16870 | 22558 | 63995 | ||||||||
| MOVEMENTS IN FUNDS |
|||||||||||||
| Transfers between funds |
|||||||||||||
| Gains/Losses on Revaluation |
of Fixed | Assets | |||||||||||
| Other re nised aine/ |
losses | ||||||||||||
| NET MOVEMENT IN FUNDS |
5687 | 16870 | 22558 | 63995 | |||||||||
| TOTAL FUNDS BROUGHT | FORWARD | 516931 | 157437 | 674368 | 610373 | ||||||||
| TOTAL FUNDS CARRIED FORWARD | 522618 | 174308 | 696926 | 674368 |
| Balance Sheet | Balance Sheet | Balance Sheet | Balance Sheet | |||||
|---|---|---|---|---|---|---|---|---|
| for ear endin 31 December 2021 |
||||||||
| Unrestricted | Restricted | Total | ||||||
| Note | Funds | Funds | Funds | last ear |
||||
| FIXEDASSETS | ||||||||
| Tan ibis Assets |
617522 | 617522 | 627384 | |||||
| CURRENT ASSETS | 10.1 | |||||||
| Stock and work in ro ress |
||||||||
| Debtors &Pre a ments |
17395 | 17395 | 14042 | |||||
| Short term investments |
||||||||
| Bank &Cash | -40286 | 174308 | 134021 | 121379 | ||||
| -22891 | 174308 | 151417 | 135421 | |||||
| CURRENT LIABILITIES | ||||||||
| Creditors due within one |
ear | 8 Accruals | 23621 | 23621 | 28967 | |||
| 23621 | 23621 | 28967 | ||||||
| NET CURRENT ASSETS | -465'I2 | 174308 | 127796 | 106454 | ||||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 571010 | 174308 | 745317 | 733838 | ||||
| Debtors due after one | ear | 10.2 | ||||||
| Creditors due after one | ear | 11.2 | 48392 | 48392 | 59471 | |||
| Provisions for Liabilities |
&Cha | es | ||||||
| TOTAL NET ASSETS | 522618 | 174308 | 696926 | 674368 | ||||
| FUNDS OFTHE CHARITY | 14 | |||||||
| Unrestricted Funds |
472618 | 472618 | 465932 | |||||
| Workin Reserve |
50000 | 50000 | ||||||
| Desi nated funds | ||||||||
| Restricted Income Funds |
174308 | 174306 | 157436 | |||||
| TOTAL FUNDS | 522618 | 174308 | 696926 | 674368 |
| Support | Costs are | as follows: | THIS YEAR | THIS YEAR | LAST YEAR | |||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Funds- | Governance | Restricted | |||||
| charltable | activi | costs | Funds | TOTAL | TOTAL | |||
| Stationery | and postage | 181 | 400 | 1884 | 2465 | 5298 | ||
| Telephone | and internet | 958 | 300 | 50 | 1308 | 1752 | ||
| Speakers | and Volunteer | Expenses | 210 | 218 | ||||
| Other resources/ books |
small equipment | 2321 | 3940 | 6261 | 5752 | |||
| Courses and training | 500 | 1309 | 1809 | 1231 | ||||
| Travel expenses | 32 | 726 | 758 | 4935 | ||||
| Advertisin | -620 | 1500 | 880 | 842 | ||||
| 6700 | 69 693 | F13,975 | 520,028 |
| This Year | Last Year | |||||
|---|---|---|---|---|---|---|
| Gross Wages, salaries and benefits | in kind | 131256 | 142934 | |||
| Employer's National |
Insurance | costs | 8307 | 8274 | ||
| Pension Costs | 4962 | 4713 | ||||
| 144525 | 155921 |
| Area ofem | lo ment | This Year | Last Year | |
|---|---|---|---|---|
| Fundraising | 0 13 | 013 | ||
| Charitable | Activities | 3.89 | 4.71 | |
| Governance | 0.69 | 0.69 | ||
| 4.71 | 5.53 |
| This Year | Last Year | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| ' | 4962 | 4713 | |||||||
| The | costs ofthe scheme to the | cha | for the | ear | |||||
| The | amount of an | contributions | outstandin | at | the | ear end | |||
| 1630 | 1132 | ||||||||
| The | amount of an | contributions | re | aid at the | ear | end |
| Grants | to | Grants | to | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Purpose | for which grants made | institutions | individuals | ||||||
| Zambia | —Mutende project (via Care ofZambia) |
55850 | |||||||
| Support | for M &3 Horton | 51370 | |||||||
| Smaller | gifts in line with charitable | purpose | 62050 | 5800 | |||||
| 57900 | 52170 | ||||||||
| 510070 | |||||||||
| Fixed | Assets | ||||||||
| Freehold | Fixtures | ||||||||
| Land and | Fittings and | IT | Equipment | TOTAL | |||||
| Buildings | Equipment | ||||||||
| Cost or | valuation | ||||||||
| Opening | Balance Cost | F775,000 | 536,287 | F11,343 | 5822, | 529 | |||
| Additions | in Year | 51,430 | 51,430 | ||||||
| Revaluations | |||||||||
| Disposals in Year |
|||||||||
| Closing | Balance at Cost | 6775,000 | 536,287 | st2,773 | 5824,059 | ||||
| Accumulated depredation |
and impairment | ||||||||
| pl'ovlslons | |||||||||
| Opening | Accumulated Depreciation |
5152,000 | F36,287 | 66,959 | 5195,245 | ||||
| Depreciation charge foryear |
69,500 | f1,792 | 511,292 | ||||||
| Revaluations | |||||||||
| Released on Disposal |
|||||||||
| Closing Accumulated Depreaation |
st61,500 | 636,287 | 68,751 | 5206,538 | |||||
| Closing | Net BookValue | 5613,500 | 64,022 | 5617,522 |
| This Year | Last Year | ||||
|---|---|---|---|---|---|
| Trade debtors | f12,340 | 65,745 | |||
| Amounts from |
subsidiary | and associated | undertakings | ||
| Other debtors | f5,080 | f7,424 | |||
| Prepayments | and accrued | income | f873 | ||
| F17,395 | f14,042 |
| This Year | Last Year | |||
|---|---|---|---|---|
| Loan and overdrafls | (see note 11.3) | F11,706 | F11,559 | |
| Trade creditors | f0 | |||
| Other credaors | f2,187 | f9,924 | ||
| Accruals and deferred | income | F9,728 | ||
| F23,621 | f28,967 |
| This Year | Last Year | ||||||
|---|---|---|---|---|---|---|---|
| Loan | and | overdrafts | (see | note | 11.3) | f48,392 | f59,471 |
| f48,392 | 659,471 |
| Amount outstanding |
Amount outstanding |
year end 2021: | F60,098 |
|---|---|---|---|
| Payments | due in 2022: | F11,706 | |
| Due longer | term: | f48,392 | |
| Term LeR | 5 Years |
| following amounts were paid to trus |
tees as salary as permitted in the |
Trust Deed: |
|---|---|---|
| Name | This Year | Last Year |
| Christopher Matthews |
f15,706 | f22,882 |
| Kristina Williams | f19,489 | f17,753 |
| Tracy Ingham | F16,245 | F15,745 |
| Fund | Fund | |||||||
|---|---|---|---|---|---|---|---|---|
| balances | balances | |||||||
| brought | Incoming | Outgoing | carried | |||||
| forward | resources | resources | Transfers | forward | ||||
| Lrnrestrfcted | Funds: | |||||||
| Main fund | 469076 | 103072 | -95529 | -5196 | 472203 | |||
| WCVA VSRF | rant | 780 | ||||||
| Mission Tri | -155 | |||||||
| Buildin s - Linden | Red &Flats | 28287 | -27219 | 1068 | ||||
| Red Events | ||||||||
| Youth &Children's | work (incl schools | |||||||
| work & P&T | -1493 | 358 | -4061 | 5196 | ||||
| EOTAS | 495 | 495 | ||||||
| Prision Work | ||||||||
| Total Unreshf cted | 466931 | 132497 | -126810 | 472618 | ||||
| Fund | Fund | |||||||
| balances | balances | |||||||
| brought | Incoming | Outgoing | camed | |||||
| forward | resources | resources | Transfers | forward | ||||
| Desi nated & |
Restncted funds: | |||||||
| Red Youth Work | ||||||||
| WCVA VSRF grant | 3800 | 2085 | ||||||
| VSEFSwansea | Council | 520 | ||||||
| Mumbles Community |
Council | 5000 | ||||||
| WG Youth Support | 4440 | |||||||
| Youth cafe sales | & other income | 2203 | 376 | -7364 | ||||
| 6003 | 12421 | -7364 | 11061 | |||||
| Spotlight | ||||||||
| Heritage Lottery |
||||||||
| Red Media (incl | Down to Earth) | |||||||
| National Lottery |
Awards for All | 8500 | ||||||
| D2E (Invoiced) | 450 | 2350 | -2350 | |||||
| Other income | 6576 | 1706 | -8974 | |||||
| 15526 | 4056 | -11324 | 8258 | |||||
| Holiday Playscheme | ||||||||
| SCC CYP Fund | 375 | 2900 | -3275 | |||||
| 375 | 2900 | -3275 | ||||||
| Musical Memories | - West Cross | |||||||
| ICF | 22247 | -22247 | ||||||
| Heritage Lottery |
5700 | -5700 | ||||||
| WCVA VSRF grant | 6355 | 6355 | ||||||
| VSEFSwansea | Council | 143 | -143 | |||||
| Forget-Me-Not | 960 | -960 | ||||||
| Admiral | 1550 | -1550 | ||||||
| Utley/ Paul 8 Nik | Harvey Foundation | 13500 | -10125 | |||||
| Welsh Government |
(covid bonus payment) | 1710 | -1710 | |||||
| General donations |
30674 | 4777 | -6008 | |||||
| 36374 | 51242 | -54798 | 32817 |
| 3.Anal sis of | F | un | ds | continued | |||||
|---|---|---|---|---|---|---|---|---|---|
| Foodbank | |||||||||
| RCF (Invoiced) | 15288 | -15288 | |||||||
| Admiral | 500 | -500 | |||||||
| General donations | &other income | 27340 | 15693 | -6774 | |||||
| 27340 | 31481 | 36259 | |||||||
| COVID19 Emergency | Kitchen | ||||||||
| General donations |
&other income | 5357 | -5450 | ||||||
| 6357 | -5450 | 907 | |||||||
| Bloom | |||||||||
| General donations | 6543 | 1286 | |||||||
| 1286 | 3421 | ||||||||
| Transition | |||||||||
| Lancaster Foundation | 150 | -150 | |||||||
| Didymus CIO |
12567 | -4860 | |||||||
| The Britland Charitable | Trust | 500 | |||||||
| The Leigh Trust | 2000 | ||||||||
| 29th May 1961 Charitable | Trust | 2000 | |||||||
| Generaldonations | 39373 | 8199 | -9101 | ||||||
| 52090 | 12699 | -14111 | 50678 | ||||||
| Presence | |||||||||
| Lancaster Foundation | 6081 | 37244 | -32591 | ||||||
| General donations | &other | income | 1650 | -1650 | |||||
| 6081 | 38894 | -34241 | 10733 | ||||||
| Building Re-development | |||||||||
| People's Postcode | Lottery | 19924 | |||||||
| General donations | & other | income | 748 | 14500 | -14999 | ||||
| 34424 | -14999 | 20173 | |||||||
| Total Restricted | &Desi | nated | 157437 | 189402 | -172532 | 174308 | |||
| Workin Reserve |
50000 | 50000 | |||||||
| Total for all Funds | 674368 | 321900 | -299342 | 0 | 696926 |