## ## ## ## ## |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|