2021-03-31-accounts

YEAR ENDED 31st	MARCH 2021
Contents		Page
Report ofthe trustees		1-9
Independent auditor's	report	10-13
Statement offinancial	activities for the year ended 31"March 2021	14
Statement offinancial	activities for the year ended 31«March 2020	15
Balance sheet
Statement ofcash flows		17
Notes to the financial	statements	18-26

			Unrestricted	Restricted	Total	Total
		Note	Funds	Funds	2021	2020
Income and	endowments
from:
General donations		4	1,103,738		1,103,738	810,596
Restricted donations:
Festival				20,944	20,944	23,619
Assistance				54,077	54,077	8,476
Youth				47	47	3,667
Investments
Deposit interest			240		240	240
Total			1,103,978	75,068	1,179,046	846,598
Expenditure	on:
Charitable activities:
Local congregations Media			207,220 40,724		207,220 40,724	259,480 45,873
Festival			15,005	20,944	35,949	63,740
Assistance						2,443
International			101,571	54,077	155,648	202,214
Youth			43,982		43,982	54,248
Other expenditure			13,800		13,800	7,200
Total		6	422,302	75,021	497,323	635,198
Net Income			681,676	47	681,723	211,400
Net Movement in Funds
Funds at 1st	April 2020		577,465	70,148	647,613	436,213
Funds at 31st March 2021			1,259,141	70,195	1,329,336	647,613

			Unrestricted	Restricted	Total	Total
		Note	Funds	Funds	2020	2019
			2			2
Income and endowments
from:
General donations		4	810,596		810,596	507,886
Restricted donations: Festival Assistance Youth				23,619 8,476 3,667	23,619 8,476 3,667	26,922 9,946 3,782
Investments Deposit interest			240		240	239
Total			810,836	35,762	846,598	548,775
Expenditure on:
Chadtable activities: Local congregations Media Festival Assistance International Youth Other expenditure			259,480 45,873 40,121 202,214 50,581 7,200	23,619 2,443 3,667	259,480 45,873 63,740 2,443 202,214 54,248 7,200	287,977 47,252 67,064 2,082 172,138 51,822 7,200
Total		6	605,469	29,729	635,198	635,535
Net (Expenditure)l	Income		205,367	6,033	211,400	(86,760)
Net Movement In Funds Funds at 1stApril 2019			372,098	64,115	436,213	522,973
Funds at 31st March 2020			577,465	70,148	647,613	436,213

				Note	2021	2020
Cash flows from operating	activities
Net cash (used in)/ provided	by operating activities			16	731,561	161,838
Cash flows from investing	activities
Interest income					240	240
Net cash provided by investing activities					240	240
Change in cash and cash equivalents		in the	year		731,801	162,078
Cash and cash equivalents	at the beginning		ofthe year		596830	434752
Total cash and cash equivalents at		the end ofthe year			1,328,631	596,830

	The charity receives its inco	me from the members o	f The Church.
5.	Net Income/ (Expenditure)	for the Year
	This is stated after charging:		2021	2020 2
	Auditor's remuneration		7,500	7,200
	Operating leases —office rentals		24,048	24,048

2021			Staff	Direct	Allocated	Total
			Costs	Costs	Costs	2021
Direct	charitable	expenditure:
	Local congregations		164,286	11,440	31,494	207,220
	Media		17,602	7,375	15,747	40,724
	Festival		8,801	905	26,243	35,949
	Assistance
	International		26,403	129,245		155,648
	Youth		11,735	754	31,493	43,982
	Allocated Costs		64,541		(64,541)
	Governance	costs		13,800		13,800
			293,368	163,519	40,436	497,323
				Other
2020			Staff	Direct	Allocated	Total
			Costs	Costs	Costs	2020
Direct	charitable	expenditure:
	Local congregations Media		152,176 16,305	74,760 13,296	32,544 16,272	259,480 45,873
	Festival		8,152	28,468	27,120	63,740
	Assistance			2,443		2,443
	International		24,457	177,757		202,214
	Youth		10,870	10,834	32,544	54,248
	Allocated Costs		59,783		(59,783)
	Governance	costs		7,200		7,200
			271,743	314,758	48,697	635,198

7.	Employees and Staff Costs	2021	2020
	Salaries and wages National insurance	262,539 15,685	234,396 15,016
	Pension costs	5,941	4,827
	Other staff costs —health and life insurance	9,136	17,502
		293,301	271,741

		Leasehold laUUulJ!ZILla	Leasehold laUUulJ!ZILla		B	t		Office ~E;	t	Computer ~ft	Computer ~ft		T t	I
Cost
At	1st April 2020		6,888		3,996			42,696			1,451		55,031
At	31st March
	2021	2	6,888	2	3,996		2	42,696 2			1,451	2	55,031
Depreciation
At	1st April 2020		6,888		3,996			42,696		1,451			55,031
At	31st March
	2021	2	6,888	2	3,996		2	42,696 2		1,451		2	55,031
Net book value
At	31st March
	2021
At	31st March
	2020	2	-	2		-	2

9.	Debtors
					2021		2020
					2		2
	Other debtors				18,797		60,366
	Prepayments		and accrued income		7,908		7,908
					26,705		68,274
10.	Creditors: amounts			falling due within one year
					2021		2020
							2
	Trade creditors						5,292
	Taxation	and	social	security	4,760		4,759
	Other creditors
	Accruals				21,240		7,440
					26,000	2	17,491
11.	Analysis	of Net Assets by Fund
				Restricted	Unrestricted
2021				Funds	Funds		Total
					2		2
	Fixed assets
	Current	assets		70,195	1,285,141		1,355,336
	Current	liabilities			(26,000)		(26,000)
				70,195	1,259,141		1,329,336
2020				Restricted	Unrestricted
				Funds	Funds		Total
							2
	Fixed assets
	Current	assets		70,148	594,956		665,104
	Current	liabilities			(17,491)		(17,491)
				70,148	577,465		647,613

12.	Restricted	Funds
			Balance	Movement	Movement	Balance
			1st	in	in	31st
			April	Resources	Resources	March
			2020	Incoming	Outgoing	2021
			F
	Festival			20,944	(20,944)
	Assistance		70,148	54,077	(54,077)	70,148
	Youth			47	( -)	47
			70,148	75,068	(75,021)	70,195
			Balance	Movement	Movement	Balance
			1st	in	in	31st
			April	Resources	Resources	March
			2019	Incoming	Outgoing	2020
			2	2
	Festival			23,619	(23,619)
	Assistance		64,115	8,476	(2,443)	70,148
	Youth			3,667	(3,667)
			64,115	35,762	(29,729)	70,148

The Church had total commitments u	nder non-cancellable opera	tin	g leases
	Land and B	il	in s
	2021		2020
			2
When payable:
In less than one year	21,600		21,600
Between one and five years	13,500		35,100
	35,100		56,700

16.	Reconciliation of net movement	Reconciliation of net movement	Reconciliation of net movement	in funds to net cash flow	from operating	activities
					2021	2020
						2
	Net income/ (expenditure)for		the	year (as per the statement
	of financial activities)
	Net movement in funds				681,723	211,400
	Adjustment for:
	Interest from investments				(240)	(240)
	Decrease/(increase)	in debtors			41,569	(43,089)
	Increase/(decrease)	in creditors			8,509	(6,233)
					731,561	161,838