OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-08-31-accounts

2021 2020
Unrestricted Restricted Total Total
Notes Funds
f		 Funds Funds
2		 Funds
2
INCOMING
RESOURCES
Incoming
resources from generated		 funds
Inveslmentincome 2 119 119 1,435
Incoming
resources from charitable		 activities 3 454,747 454,747 444,933
454 866 446368
RESOURCES EXPENDED
Charitable
activities
Governance costs		 4
5		 337,873
11,090
348 963		 (9,000)
-
~9000		 328,873
11,090
339963		 362,748
9,706
372 454
NET INCOMING
RESOURCES		 9,000 114,903 73,914
Other recognised
gains/(losses)
Gains on Investment
assets
Actuarial
gains/(losses)
on defined benefit schemes		 2,000
~0		 2,000
(Tgg03		 49,000
f22TIT(
RECONCIUATION
OF FUNDS
Total funds brought
forward
TOTAL FUNDS CARRIED FORWARD		 242,915
348,818		 (12,325)
~1325		 230,590
347493		 107,676
230590
OTHER COMPREHENSIVE
INCOME
Net Incoming
resources
for the year		 105,903 11,000 116,903 122,914
Other comprehensive
Incomingf(outgoing)		 resources
Total comprehensive
net Incoming		 resources 9 9909 1 OX 1 9919 122,914

As at 31 Au gust 2021
2021 2020
Unrestricted Restricted Total Total
Notes Funds Funds Funds Funds
2 2 2
RXED ASSETS
Tangible assets 10 2,067 2,067 1,976
Investments 2 067 2067 I 976
CURRENT ASSETS
Debtors
Cash at bank and in		 hand 11 5,020
354,382
359,402		 3,008
3,008		 5020
357,390
362,410		 I 359
253,813
255,172
CURRENT LIABILITIES
Creditors; amounts falling due within one year 12 (12,651) (12,651) (11,225)
NET CURRENT ASSETS 346 751 3,008 349759 243,947
TOTAL ASSETS LESS CURRENT LIABIUTIES 348,818 3,008 351,826 245,923
PENSION LIABILITY 18 (4,333) (4,333) (15,333)
NET ASSETS 348,818 ~1,325 347,493 230,590
FUNDS 14
348,818 242,915
Unrestricted
funds
Restricted funds
Pension fund		 3,008
(4,333)		 3,008
(15,333)
347 493 230,590
TOTAL FUNDS

2021 2020
2 2
Independent
students
Miscellaneous
Income		 7,530 12,170
Ordinands 755
St Luke's College Foundation
Diocesan service contracts		 132,735
29,019
285,463		 112,104
33,090
286,814
454 747 444 933
4.CHARITABLE ACTIVITIES COSTS
2021 2020
2 2
Academic costs
Employment
costs
Establishment
costs
Encountering
Theology
Bad debt		 10,638
267,988
30,658
19,864		 14,142
241,825
46,292
60,489
(275)
328,873 332,788

Trustees' expenses
Auditors'
remuneration
Accountancy
fees
Professional
fees
2021 2020
2 2
30
2,700 2,654
1,411 4,726
6,949 2,326
11,090 9,706

There were no trustees'
remuneration
or other benefit
ended 31 August 20.		 s for the year ended 31 August 2021 nor for the year
2021 2020
6 2
30
Trustees' expenses
8.STAFF COSTS 2020
6
Wages and salaries
Social security costs
Other pension costs		 218,430
13,508
36050
227,288		 189,518
10,164
42 143
247,828

2020
Unrestricted Restricted Total
Funds Funds Funds
8 8 2
INCOMING
RESOURCES
Incoming
resources
from generated		 funds
Investment
income		 1,435 1,435
Incoming resources
from charitable		 activities 444,933
446 368 446 368
RESOURCES EXPENDED
Charitable
activities
Governance costs		 366,415
9,706		 (3,667)
-		 362,748
9,706
NET INCOMING RESOURCES 70247 3,667 73,914
Other recognised gains
Gains on investment
assets
Actuarial
gains/(losses)
on defined benefit schemes		 49,000 49,000
RECONCILIAllON
OF FUNDS
Total funds brought
forwerd
TOTAL FUNDS CARRIED FORWARD		 172,668
242 915		 (64,992)
~12325		 107,676
230590
OTHER COMPREHENSNEINCOME
Net Incoming
resources
for the year		 70,247 52,667 122,914
Other comprehensive
incoming/(outgoing)		 resources
Total comprehensive
net Incoming		 resources 70,247 52,667 122,914

10.TANGIBLE FIXED ASSETS Offic Computer Total
furniture equipment
2
Cost
At 1 September
2020
Additions
Disposals		 3,404
879
(229)		 21,781
636
(11,671)		 25,185
1,515
(11,900)
At 31 August 2021 4,054 10743 14,800
Depreciation
At 1 September
2020
Charge for the year
Eliminated
on disposal		 2,909
342
(229)		 20,301
1,082
(11,671)		 23,210
1,424
(11,900)
At 31 August 2021 3,022 9,712 734
Net Book Value
At 31 August 2021
At 31 August 2020		 1,032
495		 1,034
1,430		 1,975

2021 2020
6 6
Trade creditors
Taxation and social security
Other creditors		 537
4,790		 56
3,379
7,324 7,790
12,651 11,225

Unrestricted
fund
2		 Restricted
fund
2		 2021 Total
funds
6		 2020Tots I
funds
2
Fixed assets
Current assets
Current liabilities
Pension
liability		 2,067
359,402
(12,651)		 3,008
(4,333)		 2,067
362,410
(12,651)
(4,333)		 1,976
255,172
(11,225)
(15,333)

4MOVEMENT INF NDS
. Net
At movement At
01.09.2020 ln tunds 31.08.2021
f 8 2
Unrestricted
funds
General and designated		 funds 242,915 105,903 348,818
Restricted funds
Restncted
fund
Pension
fund		 3,008
(15,333)		 11,000 3,008
(4,333)
TOTAL FUNDS 230 590 116903 347493
et movemen t
in funds		 , included in the above are as follows:
Gains,
incoming
resources		 Resources
expended		 losses snd
transfers		 Movement
in funds
8 2 2 8
Unrestricted
General
and		 funds
designated		 funds 454,866 (348,963) 105,903
Restricted funds
Restricted
fund
Pension
fund		 9,000 11,000
434 666 ~339,963 2 3191 116933

oers, pensionable
stipends are adjusted
in the ca
out in the Scheme's rules.		 oers, pensionable
stipends are adjusted
in the ca
out in the Scheme's rules.		 lculations
by a multiple, as set		 lculations
by a multiple, as set
Section 28.11Aof FRS102 requires agreed deficit recovery payments
The movement
in the provision
is set out in the table below.		 to be recognised as a liability.
2021 2020
Balance sheet liability at 1 September 15,333 68,000
Deficit contribution
paid
Interest cost (recognised
Remaining
change to the
(recognised
in SoFA)		 in SoFA)
balance sheet liability'		 (9,000)
(2,000)		 (4,667)
1,000
(49,000)
Balance sheet liability at 31 August 4,333 15,333
December December December
2020 2019 2018
Discount rate
Price inflation
Increase to total pensionable		 payroll 0.2%pa
3 1%pa
1.6%pa		 1.1%pa
2.8%pa
1.3%pa		 2.1%pa
3.1%pa
1 6'/ pa