| Contents | Page |
|---|---|
| Trustees' Annual Report and ReportoftheDirectors | 2-14 |
| (includingtheStrategic Report) | |
| Independent Auditors' Report | 15-16 |
| Consolidated StatementofFinancial Activities | 17 |
| Consolidated Balance Sheet | 18 |
| Charity Balance Sheet | 19 |
| ConsolidatedCashFlow Statement | 20 |
| NotestotheFinancial Statements | 21-30 |
| Status | Oxfordshire Community Churchesisa company limited by gua_rantee and not having a share |
|---|---|
| capital, registered in England and Wales,number03223210. | |
| The companyhascharitable status andisregisteredwiththeCharity Commission under | |
| registration number 1056921. | |
| Registered Charityname | Oxfordshire Community Churches |
| Otherworkingnamesof | OCC,Stepping Stones and The King's School, OpenGate, Roots+Rivers, Salt & Light Advance,Edge |
| charity | Housing and WitneyCAPDebt Centre. |
| Directors and trustees | SAJones (Chairman) JFGreen |
| PNCAllen JPJacob |
|
| AJO'Connell DJKirk (resigned20thJanuary 2021) |
|
| NW Townsend (appointed 201h January 2021) SBMYoung |
|
| Alltheabove servedthroughouttheyear exceptasindicated. The directorsofthe company | |
| are alsothetrusteesofthe charitable activities. Thepowerofappointmentorremovalof | |
| trustees restswiththetrustees. New trustees are selected fromthecongregationsof | |
| Oxfordshire Community Churches after consultationwiththecharity members. | |
| Principal address and | The King's Centre, Osney Mead, Oxford,OX2OES. |
| registered office | |
| Auditors | The auditors are CritchleysLLP,Beaver House, 23-38 Hythe Bridge Street, OxfordOXl2EP. |
| They have indicatedtheirwillingnesstobe reappointedtooffice undertheCompanies Act | |
| 2006. | |
| Bankers | Barclays Bank pie,MarketSquare, Witney, Oxfordshire, OX286BJ. |
| ~~;-orf~~d----------- - Amountat31August2021PAmo~ntat31August2020I |
|---|
| [--·-·············--··········:··············-·-···--···························-·············---·-----··················--·······----···················---···········----····--·················---······...........-··-----············-···-----·---------·! : Revaluation reserve £1,516,801 £1,766,801! |
| !-·------·-··--···..·-·-·---- - --·--·····..------·--··--··-····-·--·---------·--- ---··-·-----··------·----------·--·----~ IGeneral reserves £300,000 £204,884! |
| iGeneral funds £3,272,961 £3,350,676i I : |
| r-oes-ig~~tedfund-~------------------------- £24,655- -----·---------f60,386 1 |
| !I-R~~t~ict~ci -f~~ci~-- £342,783 £136,510 |
| ~--~~--~~~~~--1~~~~~~~~~~~4-~~~~~~~~~~__, |
| iBalance Sheet Total £5,457,200 £5,519,257 |
| 2020 | ||||||
|---|---|---|---|---|---|---|
| Unrestricted funds | Restricted | Total | Total | |||
| General | Designated | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | £ | |
| FIXED ASSETS | ||||||
| Tangible assets | 8 | 6,081 ,733 | 6,081,733 | 6,335,934 | ||
| CURRENT ASSETS | ||||||
| Debtors | 11 | 113,412 | 36,182 | 149,594 | 139,033 | |
| Cash at bank and in hand | 660,737 | 24,655 | 318,396 | 1,003,788 | 802,616 | |
| 774,149 | 24,655 | 354,578 | 1,153,382 | 941,649 | ||
| CREDITORS | 12 | |||||
| Amounts falling due within one year: | ||||||
| Bank loan (secured) | 13 | 148,840 | 148,840 | 128,600 | ||
| Creditors and accruals | 179,552 | 9,590 | 189,142 | 134,422 | ||
| Social security and other taxes | 31,712 | 2,205 | 33,917 | 32,558 | ||
| 360,104 | 11,795 | 371,899 | 295,580 | |||
| NET CURRENT ASSETS | 414,045 | 24,655 | 342,783 | 781,483 | 646,069 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 6,495,778 | 24,655 | 342,783 | 6,863,216 | 6,982,003 | |
| CREDITORS | 12 | |||||
| Amounts falling due after more than one year: | ||||||
| Bank loan (secured) | 13 | (1,255,260) | - | (1,255,260) | (1,252,346) | |
| Interest rate swap held at fair value | (150,756) | (150,756) | (210,400) | |||
| NET ASSETS | 26 | 5,089,762 | 24,655 | 342,783 . | 5,457,200 | 5,519,257 |
| FUNDS AND RESERVES | ||||||
| Revaluation reserve | 14&19 | 1,516,801 | 1,516,801 | 1,766,801 | ||
| General reserves | 15&19 | 300,000 | 300,000 | 204,884 | ||
| General funds | 19 | 3,272,961 | 3,272,961 | 3,350,676 | ||
| Designated funds | 16&19 | 24,655 | 24,655 | 60,386 | ||
| 5,089,762 | 24,655 | 5,114,417 | 5,382,747 | |||
| Restricted funds | 17&19 | 342,783 | 342,783 | 136,510 | ||
| TOTAL FUNDS AND RESERVES | 19 | 5,089,762 | 24,655 | 342,783 | 5,457,200 | 5,519,257 |
| 2020 | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted funds | Restricted | Total | total | ||||
| General | . Designated | funds | funds | funds | |||
| Notes | £ | £ | £ | £ | £ | ||
| FIXED ASSETS | |||||||
| Tangible assets | 8 | 6,078,826 | 6,078,826 | 6,332,389 | |||
| Investment in subsidiary company | 10 | 1 | 1 | 1 | |||
| 6,078,827 | 6,078,827 | 6,332,390 | |||||
| CURRENTASSETS | |||||||
| Debtors | 11 | 229,642 | 36,182 | 265,824 | 276,436 | ||
| Cash at bank and in hand | 641,603 | 24,655 | 318,396 | 984,654 | 778,318 | ||
| 871,245 | 24,655 | 354,578 | 1,250,478 | 1,054,754 | |||
| CREDITORS | 12 | ||||||
| Amounts falling due within one year: | |||||||
| Bank loan (secured) | 13 | 148,840 | 148,840 | 128,600 | |||
| Creditors and accruals | 163,028 | 9,590 | 172,618 | 104,291 | |||
| Social security and other taxes | 29,268 | 2,205 | 31,473 | 32,128 | |||
| 341,136 | 11,795 | 352,931 | 265,019 | ||||
| NET CURRENT ASSETS | 26 | 530,109 | 24,655 | 342,783 | 897,547 | 789,735 | |
| TOTALASSETS LESSCURRENTLIABILITIES | 6,608,936 | 24,655 | 342,783 | 6,976,374 | 7,122,125 | ||
| CREDITORS | 12 | ||||||
| Amounts falling due after more than one ye8r: | |||||||
| Bank loan (secured) | 13 | (1,255,260) | - | (1,255,260) | (1,252,346) | ||
| Interest rate swap held at fair value | (150,756) | (150,756) | (210,400) | ||||
| NETASSETS | 5,202,920 | 24,655 | 342,783 | 5,570,358 | 5,659,379 | ||
| FUNDS AND RESERVES | |||||||
| Revaluation reserve | 14 | & 19 | 1,516,801 | 1,516,801 | 1,766,801 | ||
| General reserves | 15 | & 19 | 300,000 | 300,000 | 204,884 | ||
| General funds | 19 | 3,386,119 | 3,386,119 | 3,490,798 | |||
| Designated funds | 16 | & 19 | 24,655 | 24,655 | 60,386 | ||
| 5,202,920 | 24,655 | 5,227,575 | 5,522,869 | ||||
| Restricted funds | 17 | & 19 | 342,783 | 342,783 | 136,510 | ||
| TOTAL FUNDS AND RESERVES | 19 | 5,202,920 | 24,655 | 342,783 | 5,570,358 | 5,659,379 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| £ | £ | |||
| Reconciliationofcashflowsfromoperatingactivities | ||||
| NetincomingresourcesperStatementofFinancialActivities | 128,299 | 69,445 | ||
| Depreciationoftangible fixed assets | · | 4,201 . | 7,050 | |
| (lncrease)/decreaseindebtors | (10,562) | 60,951 | ||
| lncrease/(decrease)increditors (excluding bank loan and | derivative) | 56,079 | (29,575) | |
| Net cashprovidedbyoperatingactivities | 178,017 | 107,871 | ||
| Cashflowsfrominvestingactivities | ||||
| Purchase of tangible fixed assets | (5,000) | |||
| Net cash usedininvestingactivities | (5,000) | |||
| Cashflowsfromfinancingactivities | ||||
| Borrowing taken up in year | 151,200 | |||
| Repaymentofborrowing | (128,045) | (66,610) | ||
| Net cashusedinfinancingactivities | 23;155 | (66,610) | ||
| Increaseincashandcashequivalentsintheyear | 201,172 | 36,261 | ||
| Cashandcashequivalentsat1September | 802,616 | 766,355 | ||
| Cash and cashequivalentsat31August | 1,003,788 | 802,616 | ||
| ANALYSIS OF CASH AND CASH EQUIVALENTS | ||||
| Cash | 7,943 | 8,008 | ||
| Bank Current account balances | 893,839 | 794,608 | ||
| Bank Savings account balances - nonotice required | 102,006 | |||
| 1,003,788 | 802,616 | |||
| ANALYSIS OF CHANGESINNET DEBT | At | 1Sep20 | Cashflow | At31Aug21 |
| Cash | 8,008 | (65) | 7,943 | |
| Bank Current account balances | 794,608 | 99,231 | 893,839 | |
| Bank Savings account balances - no notice required | 102,006 | 102,006 | ||
| Loans falling due within one year | (128,600) | (20,240) | (148,840) | |
| Loans falling due after more than one year | (1,252,346) | (2,914) | (1,255,260) | |
| (578,330) | 178,018 | (400,312) |
| 2 | ExpenditureonCharitableactivities | Unrestricted funds | Unrestricted funds | Restricted | Unrestricted | Unrestricted | Unrestricted | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General | Designated | funds | General | Total | Total | ||||||||
| Direct | Direct | Direct | Support costs | ||||||||||
| costs | costs | costs | (See | Note 4) | |||||||||
| £ | £ | £ | £ | £ | £ | ||||||||
| SchoolandPreschool | _?_~-~~~§.~-----------------------~91~-~?_?~~~~-q------~~~~~?-~-· | ----~~-~~~~X-. | |||||||||||
| OtherCharitableactivities: | |||||||||||||
| Local churches | 102,180 | 30,023 | 132,203 | 228,530 | |||||||||
| Overseas work | 57,959 | 57,959 | 36,522 | ||||||||||
| Area and Regional expenditure | 928,549 | 195,367 | 47,370 | 169,935 | 1,341 ,221 | 1,088,789 | |||||||
| NYR facility | 161,687 | 161,687 | 155,262 | ||||||||||
| Edge - housing and employment projects | 347,257 | 347,257 | 260,643 | ||||||||||
| Witney CAP Debt Centre | 21,106 | 21,106 | 21,084 | ||||||||||
| Sphere Church Network | 56,793 | 56,793 | 72,210 | ||||||||||
| --~~~?-~~~~g__ | |||||||||||||
| TotalexpenditureonCharitableactivities_1-'"-,9_9_0-'"-,5_8_1__ 2_5_2"'"-,1_6_0__ 5_1_3"'--,8_7_2 19_8-'-,3_6_5 2"'"",9_5_4"'"",9_7_8_ |
2,648,457 | ||||||||||||
| 3 | Expenditureontradingsubsidiaryactivit | ies |
|||||||||||
| Staff generating funds | 116,558 | - | - | - | 116,558 | 267,977 | |||||||
| Operating costsofsubsidiary | 44,775 | - | - | 2,450 | 47,225 | 133,014 | |||||||
| 161,333 | - | - | 2,450 | 163,783 | 400,991 | ||||||||
| 4 | Analysisofsupportcosts(Generalfundonly) | 2021 | 2020 | ||||||||||
| £ | £ | ||||||||||||
| School&Preschool: | |||||||||||||
| Finance and human resources staff costs | Note | 2 | _ ?~~~~-q-· |
||||||||||
| _OtherCharitableactivities: _ | |||||||||||||
| Finance and human resources staff costs | 118,946 | 99,905 | |||||||||||
| Governance: | |||||||||||||
| Staff costs | 30,384 | 23,434 | |||||||||||
| Auditor's remuneration | 11,700 | 11,520 | |||||||||||
| Legal fees and property valuations | 7,971 | 3,844 | |||||||||||
| Trustee indemnity insurance | 934 | 784 | |||||||||||
| Note | 2 | _____!?_~~~~-~-· | |||||||||||
| TotalsupportcostsforCharitable activit1 | es |
198,365 | |||||||||||
| _Tradingsubsidiary: _ | |||||||||||||
| Auditor's remuneration | Note | 3 | 2,450 | 1,950 | |||||||||
| Governance costs have been allocated to ac | tivities as incurred andon |
the basis of | time spent. | ||||||||||
| Costsoffinance and human resources staff | have been allocatedon |
the basis of time spent | in | ||||||||||
| relation to each activity. | |||||||||||||
| 5 | Netincomel(expenditure)fortheyear | Unrestricted funds | Restricted | 2020 | |||||||||
| General | Designated | funds |
Total | Total | |||||||||
| Group net income/(expenditure) for the | |||||||||||||
| yearisstated after charging: | £ | £ | £ | £ | £ | ||||||||
| Auditors' remuneration | 14, 150 | - | - | 14, 150 | 13,470 | ||||||||
| Depreciationoftangible fixed assets (Note 8 | ) | 4,201 | - | - | 4,201 | 7,050 | |||||||
| Expenditure on operating leases | 164,819 | - | - | 164,819 | 133,760 | ||||||||
| Loan interest | 79,471 | - | - | 79,471 | 87,083 | ||||||||
| Staff costs | 1,768,366 | 35,058 | 103,964 | 1,907,388 | 1,880, 186 | ||||||||
| Staff salaries and wages | 1,414,354 | 35,058 | 92,145 | 1,541,557 | 1,568,071 | ||||||||
| Director's remuneration (Note 6) | 153,301 | - | - | 153,301 | 100,898 | ||||||||
| Employer's National Insurance contribution | s |
125,864 | - | 7,336 | 133,200 | 132,455 | |||||||
| Employer's Pension contributions | 74,847 | - | 4,483 | 79,330 | 78,762 |
and connected persons: |
||||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Remuneration | Employer's | |||||
| Fees& | National | |||||
| salaries | Pension | Insurance | Expenses | Total | Total | |
| £ | £ | £ | £ | £ | ||
| S Jones (Community&Charity Head) | 50,209 | 2,511 | 5,796 | 3,420 | 61,936 | 62,394 |
| B Jones (Pastoral Assistant) | 11,327 | 566 | 344 | 12,237 | 12,076 | |
| A O'Connell (Executive Pastor) | 36,051 | 1,809 | 4,086 | 5,758 | 47,704 | 47,034 |
| R O'Connell (Youth Ministry Overseer) | 4,671 | 4,671 | ||||
| N Townsend (Community Head) | 36,243 | 1,812 | 3,842 | 5,275 | 47,172 | |
| D Townsend (Pastoral Assistant) | 7,716 | 386 | 212 | 8,314 | ||
| 146,217 | 7,084 | 14,068 | 14,665 | 182,034 | 121,504 | |
| Total remuneration (including pension contributions) | £153,301 | (2020: £100,898) |
| Tangible fixed assets (Charityand | Group) | |||||
|---|---|---|---|---|---|---|
| Office.and | Subsidiary | |||||
| Freehold | other | Charity | Company | Group | ||
| property | equipment | Minibus | Total | Equipment | Total | |
| £ | £ | £ | £ | £ | £ | |
| Cost_orvaluation_ | ||||||
| At 1 September 2020 | 6,325,000 | 187,828 | 5,000 | 6,517,828 | 7,715 | 6,525,543 |
| Revaluation surplus . | (250,000) | (250,000) | (250,000) | |||
| At31August2021 | 6,075,000 | 187,828 | 5,000 | 6,267,828 | 7,715 | 6,275,543 |
| Accumulateddepreciation | ||||||
| At 1 September 2020 | 184,606 | 833 | 185,439 | 4,170 | 189,609 | |
| Charge for year | 2,563 | 1,000 | 3,563 | 638 | 4,201 | |
| At31August2021 | 187, 169 | 1,833 | 189,002 | 4,808 | 193,810 | |
| Netbookvalue | ||||||
| At31August2021 | 6,075,000 | 659 | 3,167 | 6,078,826 | 2,907 | 6,081,733 |
| At31August 2020 | 6,325,000 | 3,222 | 4,167 | 6,332,389 | 3,545 | 6,335,934 |
commercial basis. The charity owns the sole issued£1sha under a DeedofCovenant. |
reinthe compa |
ny, which gift |
s all its profits |
to the charity |
|---|---|---|---|---|
| 2021 | 2020 | |||
| A summaryofthe results of the subsidiaryisshown below: | £ | £ | ||
| Turnover | 228,523 | 280,105 | ||
| Costofsales | (3,422) | (85,555) | ||
| Gross profit | 225,101 | 194,550 | ||
| Government CJRS grants received | 36,333 | 52,764 | ||
| Administrative expenses | (234,470) | (387,436) | ||
| Net profiU(loss) carried forward | 26,964 | (140, 122) | ||
| Assets | 74,354 | 42,405 | ||
| Liabilities | (187,511) | (182,526) | ||
| Net (liabilities)/assets | {113,157) | (140,121) | ||
| (Loss) carried forward | (113,158) | (140, 122) | ||
| Called-up share capital | 1 | 1 | ||
| (113,157) | (140,121) | |||
| Debtors | Group | Charity | ||
| 2021 | 2020 | 2021 | 2020 | |
| All falling due within one year: | £ | £ | £ | £ |
| Trade debtors | 59,622 | 24,854 | 20,390 | 18,375 |
| Gift Aid tax recoverable | 34,776 | 31,829 | 34,776 | 31,829 |
| Amounts owed from group undertaking | 163,524 | 151,965 | ||
| Other debtors | 12,095 | 37,707 | 4,446 | 29,624 |
| Prepayments and accrued income | 43,101 | 44,643 | 42,688 | 44,643 |
| 149,594 | 139,033 | 265,824 | 276,436 | |
| Creditors | Group | Charity | ||
| 2021 | 2020 | 2021 | 2020 | |
| _Amounts falling due within oneyear: _ | £ | £ | £ | £ |
| Bank loan - repayable by instalments | 148,840 | 128,600 | 148,840 | 128,600 |
| Trade creditors | 133,367 | 57,340 | 130,721 | 50,777 |
| HMRevenue&Customs | 33,917 | 32,558 | 31,473 | 32, 128 |
| Other creditors | 20,828 | 22,188 | 20,289 | 21,904 |
| Accruals and deferred income | 34,947 | 54,894 | 21,608 | 31,610 |
| 371,899 | 295,580 | 352,931 | 265,019 | |
| _Amounts falling due after more than oneyear: _ | ||||
| Bank loan - repayable by instalments: | ||||
| Dueinmore than one year but less than five years | 595,360 | 514,400 | 595,360 | 514,400 |
| Dueinmore than five years | 659,900 | 737,946 | 659,900 | 737,946 |
| 1,255,260 | 1,252,346 | 1,255,260 | 1,252,346 | |
| Interest rate swap held at fair value | ||||
| through income and expenditure | 150,756 | 210,400 | 150,756 | 210,400 |
| 1,406,016" | 1,462,746 | 1,406,016 | 1,462,746 |
| Funds designatedbythe trustees areasfollo | ws and arehe.Idas | cash and ba | nk balances: | ||
|---|---|---|---|---|---|
| Opening | Income | Expenditure | Transfers | Closing | |
| 1September2019_to_31August2020 | £ | £ | £ | £ | £ |
| TKS Building fund | 3,424 | 2,936 | 6,360 | ||
| Mission fund | 5,528 | 5,528 | |||
| S Thomas support fund | 3,499 | 31,481 | (49,289) | 17,207 | 2,898 |
| Community Projects fund | 2,255 | 2,255 | |||
| Sphere fund | 10,657 | 44,567 | (72,210) | 39,856 | 22,870 |
| TKC Maintenance fund | 128 | 4,239 | (16,956) | 12,589 . | |
| Regional support funds | 23,994 | 5,770 | (1,517) | (7,772) | 20,475 |
| 49,485 | 88,993 | (139,972) | 61,880 | 60,386 | |
| 1September2020_to_31August2021 | |||||
| TKS Building fund | 6,360 | 500 | (4,575) | 2,285 | |
| Mission.fund | 5,528 | 5,528 | |||
| · S Thomas support fund | 2,898 | 31,835 | (33,841) | 17,300 | 18, 192 |
| Community Projects fund | 2,255 | 2,255 | |||
| Sphere fund | 22,870 | 36,227 | (56,793) | 19,216 | 21,520 |
| TKS Refurbishment fund | (156,951) | 131,826 | (25, 125) | ||
| Regional support funds | 20,475 | (20,475) | |||
| 60,386 | 68,562 | (252, 160) | 147,867 | 24,655 |
| Opening | Income | Expenditure | Transfers | Closing | |
|---|---|---|---|---|---|
| 1September2019to31August2020 | |||||
| TheKing's School restricted | 22,723 | 9,452 | (10,650) | 21,525 | |
| Salem School | 930 | (780) | 150 | ||
| Missionary support | 11,699 | 31,570 | (35,946) | 7,323 | |
| Rwanda Development | 3,072 | 3,072 | |||
| WitneyCAPDebt Centre | 27,176 | 19,666 | (21,085) | 25,757 | |
| Edge Housing fund | 40,910 | 296,219 | (260,642) | (6,890) | 69,597 |
| Other funds | 13,292 | 58,698 | (62,248) | (656) | 9,086 |
| 119,802 | 414,825 | (390,571) | (7,546) | 136,510 | |
| 1 September 2020 to 31 August 2.021 | |||||
| TheKing's School restricted | 21,525 | 28,346 | (10,157) | 39,714 | |
| Salem School | 150 | 150 | |||
| Missionary support | 7,323 | 68,445 | (57,959) | 17,809 | |
| Rwanda Development | 3,072 | 3,072 | |||
| Witney CAP Debt Centre | 25,757 | 25,107 | (21,106) | 29,758 | |
| Edge Housing fund | 69,597 | 366,632 | (347,256) | (11,550) | 77,423 |
| Other funds | 9,086 | 101,833 | (77,394) | 141,332 | 174,857 |
| 136,510 | 590,363 | (513,872) | 129,782 | 342,783 |
| Tofund | £ |
|---|---|
| SThomassupport fund | 17,708 |
| Area General | 6,990 |
| Area General | 6,582 |
| TKCMaintenance fund | 12,589 |
| Sphere Designated | 27,182 |
| Edge Restricted | 100 |
| Sphere Designated | 1,099 |
| Regional Designated | 1,320 |
| Regional Designated | 5,374 |
| Area General | 656 |
| Regional Designated funds | 3,837 |
| General funds | 10,745 |
| From fund | Tofund | £ |
|---|---|---|
| General funds | S Thomas support fund | 17,300 |
| Edge Restricted | Area General | 11,550 |
| Sphere Designated | Area General | 8,352 |
| Area General funds | Sphere Designated | 27,048 |
| Local Church General | Sphere Designated | 520 |
| Area/Region General funds | Regional Restricted funds | 5,930 |
| Local Church General funds | Local Church Restricted funds | 32,268 |
| Regional Designated funds | Regional Restricted funds | 20,475 |
| School General reserves | General funds | 2,211 |
| Area General funds | Area General reserves | 100,000 |
| Local Church General funds | Local Church Restricted funds | 93,738 |
| General funds | TKSRefurb Designated fund | 131,826 |
balance sheet assets. |
||||||
|---|---|---|---|---|---|---|
| Revaluation | General | Designated | Restricted | |||
| reserve | reserves | General funds | funds | funds | Total | |
| £ | £ | £ | £ | £ | £ | |
| At 1 September 2019 | 1,766,801 | 215,629 | 3,272,680 | 49,485 | 119,802 | 5,424,397 |
| Transfers between funds | (54,334) | 61,880 | (7,546) . | |||
| Transfers to reserves | ||||||
| Transfers from reserves | (10,745) | 10,745 | ||||
| Profit on financial instruments | ||||||
| held at fair value through | ||||||
| income and expenditure | 25,415 | 25,415 | ||||
| Surplus/( deficit) for the year | 96,170 | (50,979) | 24,254 | 69,445 | ||
| At31August 2020 | 1,766,801 | 204,884 | 3,350,676 | 60,386 | 136,510 | 5,519,257 |
| At 1 September 2020 | 1,766,801 | 204,884 | 3,350,676 | 60,386 | 136,510 | 5,519,257 |
| Transfers between funds | (277,649) | 147,867 | 129,782 | |||
| Transfers to reserves | 97,789 | (97,789) | ||||
| Transfers from reserves | (2,673) | 2,673 | ||||
| Deficitonrevaluation | (250,000) | (250,000) | ||||
| Profitonfinancial instruments | ||||||
| held at fair value through | ||||||
| income and expenditure | 59,644 | 59,644 | ||||
| Surplus/( deficit) for the year | 235,406 | (183,598) | 76,491 | 128,299 | ||
| At31August 2021 | 1,516,801 | 300,000 | 3,272,961 | 24,655 | 342,783 | 5,457,200 |
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Edge Housing property leases - due within one year | 77, 120 | 74,245 |
| Edge Housing property leases - due between two and five years | 4,000 | 4,000 |
| 81,120 | 78,245 | |
| Office equipment - due within one year | 698 | 2,331 |
| Office equipment - due between two years and five years | 698 | |
| 698 | 3,029 | |
| Total operating lease commitments | 81,818 | 81,274 |
| Year ended | Yearended | |
|---|---|---|
| 31Aug2021 | 31Aug2020 | |
| £ | £ | |
| Total incoming resources | 3,056,673 | 2,a58,5ao |
| Net increase in funds | 101,334 | 209,565 |
| Net assets byfunds | ||||
|---|---|---|---|---|
| Unrestricted funds | Restricted | Total | ||
| General | Designated | funds | funds | |
| £ | £ | £ | £ | |
| Consolidatedbalancesheet-31August2020 | ||||
| Tangible fixed assets | 6,335,934 | 6,335,934 | ||
| Current assets | 733,304 | 60,386 | 147,959 | 941,649 |
| Creditors .falling due within one year | (284,131) | (11,449) | (295,580) | |
| Creditors falling due after more than one year | (1,462,746) | - | (1,462,746) | |
| TOTAL NET ASSETS | 5,322,361 | 60,386 | 136,510 | 5,519,257 |
| Consolidatedbalancesheet-31August2021 | ||||
| Tangible fixed assets | 6,081,733 | 6,081,733 | ||
| Current assets | 774,149 | 24,655 | 354,578 | 1,153,382 |
| Creditors falling due within one year | (360,104) | (11,795) | (371,899) | |
| Creditors falling due after more than one year | (1,406,016) | - | (1,406,016) | |
| TOTAL NET ASSETS | 5,089,762 | 24,655 | 342,783 | 5,457,200 |
| Unrestricted funds | Restricted | Total | ||
| General | Designated | funds | funds | |
| £ | £ | £ | £ | |
| Charitybalancesheet-31August2020 | ||||
| Tangible fixed assets | 6,332,389 | 6,332,389 | ||
| Fixed asset investment | 1 | 1 | ||
| Current assets | 846,409 | 60,386 | 147,959 | 1,054,754 |
| Creditors falling due within one year | (253,570) | (11,449) | (265,019) | |
| Creditors falling due after more than one year | (1,462,746) | - | (1,462,746) | |
| TOTAL NET ASSETS | 5,462,483 | 60,386 | 136,510 | 5,659,379 |
| Charitybalancesheet-31August2021 | ||||
| Tangible fixed assets | 6,078,826 | 6,078,826 | ||
| Fixed asset investment | 1 | 1 | ||
| Current assets | 871,245 | 24,655 | 354,578 | 1,250,478 |
| . Creditors falling due within one year | (341, 136) | (11,795) | (352,931) | |
| Creditors falling due after more than one year | (1,406,016) | - | (1,406,016) | |
| TOTAL NET ASSETS | 5,202,920 | 24,655 | 342,783 | 5,570,358 |