## ## ## ## ## |||||Page| |---|---|---|---|---| |Trustees'
annual
report||||| |independent
examiner's
report||to the trustees||10| |Statement
offinancial|activities|||| |Statement offinancial|position|||12| |Notes to the financial|statements|||13| |The following
pages|do not form part of||the financial statements|| |Detailed statement
offinancial activities||||23| |Notes to the detailed|statement|offinancial|activities|25| ## ## ## |||Y|Y|ear ended 31 D|ear ended 31 D|ecember|2021|||| |---|---|---|---|---|---|---|---|---|---|---| |The trustees
present
ended 31 December||their report
2021.||and the unaudited||financial|statements|of|the charity|for the year| |Reference and administrative|||details|||||||| |Registered|charity name|||Kingsway|Christian|Fellowship||||| |Charity registration||number||1065048||||||| |Principal office||||Kingsway|Christian|Centre||||| |||||Church Road||||||| |||||Waterloo||||||| |||||Liverpool||||||| |||||L22 5NA||||||| |The trustees||||||||||| |||||Ms K Hutton|||(Retired|8|June 2022)|| |||||Mrs RA Ferns||||||| |||||Mr P Bentley|||(Appointed||8June 2022)|| |Independent|examiner|||Mr G Mattocks FCA||||||| |||||18Mulberry|Avenue|||||| |||||Tumstone|Business|Park||||| |||||Widnes||||||| |||||Cheshire||||||| |||||WA8 OWN||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## # ## ## ## ## ## ## ## ## ## ## ## |||Yea|r e|nded|31 Decemb|er 2021||| |---|---|---|---|---|---|---|---|---| |||||||2021||2020| ||||||Unrestricted|Restricted||| ||||||funds|funds|Totalfunds|Total funds| |||||Note|6|6||6| |Income and endowments||||||||| |Donations
and legacies||||4|103,169||103,169|109,985| |Charitable
activities||||5|700||700|480| |Other trading
activities||||6|6||6|4,045| |Investment
income||||7|10||10|41| |Other income||||8|18,785||18,785|26,426| |Total income|||||122,670||122,670|140,977| |Expenditure||||||||| |Expenditure
on charitable||activities||9,10|135,798|57|135,855|143,021| |Total expenditure|||||135,798|57|135,855|143,021| |Net gains/(losses)
on investments||||12|54|||(108)| |Net expenditure
and net||movement|in|||||| |funds|||||(13,074)|(57)|(13,131)|(2,152)| |Reconciliation
offunds||||||||| |Total funds brought|forward||||473,167|835|474,002|476,154| |Total funds carried|forward||||460,093|778|460,871|474,002| ## |||||2021||2020| |---|---|---|---|---|---|---| ||||Note|6||6| |Fixed assets||||||| |Tangible fixed assets|||17||405,008|416,916| |Investments|||18||284|230| ||||||405,292|417,146| |Current assets||||||| |Debtors|||19|1,290||1,332| |Cash at bank and in|hand|||56,264||57,838| |||||57,554||59,170| |Creditors: amounts|falling due within one year||20|1,975||2,314| |Net current assets|||||55,579|56,856| |Total assets less current||liabilities|||460,871|474,002| |Net assets|||||460,871|474,002| |Funds ofthe charity||||||| |Restricted
funds|||||778|835| |Unrestricted
funds|||||460,093|473,167| |Total charity funds|||22||460,871|474,002| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |4.|Donations|Yea
and legacies|r ended 31 Decem|ber 2021||| |---|---|---|---|---|---|---| ||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||||Funds|2021
5|Funds
f|2020
F| ||Donations|||||| ||Offerings||101,468|101,468|108,003|108,003| ||Donations||1,527|1,627|1,982|1,982| ||Legacies|||||| ||Legacies||74|||| ||||103,169|103,169|109,985|109,985| |5.|Charitable|activities||||| ||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||||Funds|2021|Funds|2020| |||||5|F|| ||Centre Hire||700|700|450|450| ||CDs/Books/Drinks||||30|30| ||||700|7OO|480|480| |6.|Other trading activities|||||| ||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||||Funds|2021|Funds|2020| ||||8||5|5| ||Fundraising|events|6|6|4,045|4,045| |7.|Investment|income||||| ||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||||Funds|2021|Funds|2020| |||||8|F|| ||Bank interest receivable||6|6|41|41| ||Dividends||4|4||| ||||10|10|41|41| |8.|Other income|||||| ||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||||Funds|2021|Funds|2020| |||||5|5|E| ||Gift Aid||18,785|18,785|26,426|26,426| ## ## ## |9.|Expenditure|o|n|charitable|activities|by fund t|ype|||| |---|---|---|---|---|---|---|---|---|---|---| |||||||||Unrestricted|Restricted|Total Funds| |||||||||Funds|Funds|2021| ||||||||||6|5| ||Direct Charitable|||Activity||||133,897|57|133,954| ||Support costs|||||||1,901||1,901| |||||||||135,798||135,855| |||||||||Unrestricted|Restricted|Total Funds| |||||||||Funds|Funds|2020| |||||||||6|5|| ||Direct Charitable|||Activity||||139,022|2,029|141,051| ||Support costs|||||||1,970||1,970| |||||||||140,992|2,029|143,021| |10.|Expenditure|on charitable|||activities|by activity|type|||| |||||||Activities||||| |||||||undertaken||Support|Totalfunds|Total fund| |||||||directly||costs|2021|2020| ||||||||||5|| ||Direct Charitable||Activity|||133,954|||133,954|141,051| ||Governance|costs||||||1,901|1,901|1,970| |||||||133,954||1,901|135,855|143,021| |11.|Analysis of|support costs||||||||| |||||||||Analysis of||| |||||||||support costs|Total 2021|Total 2020| |||||||||5|5|| ||Finance costs|||||||101|101|170| ||Governance|costs||||||1,800|1,800|1,800| |||||||||1,901|1,901|1,970| |12.|Net gains/(losses)|||on investments||||||| |||||||Unrestricted||Total Funds|Unrestricted|Total Funds| |||||||Funds||2021
5|Funds|2020
f| ||Gains/(losses)|on||listed investments|||54|54|(108)|(108)| |13.|Net expenditure|||||||||| ||Net expenditure||is|stated after charging/(crediting):||||||| ||||||||||2021|2020| |||||||||||F| ||Depreciation|oftangible
fixed|||assets||||11,908|13,366| ## ## ## ## ## |Staff costs||||| |---|---|---|---|---| |The total staff costs and|employee|benefits for the reporting|period are analysed as|follows:| ||||2021|2020| |||||F| |Wages and salaries|||89,345|85,855| |Social secunty costs|||2,238|1,814| |Employer contributions|to pension|plans|1,814|1,713| ||||93,398|89,382| ## ## ## |No remuneration
or other benefi
received
by the trustees.
Tangible fixed assets|ts
from
employment|with the chari|ty
or a related|entity
were| |---|---|---|---|---| ||Land and|Fixtures and||| ||buildings|fittings|Equipment|Total| ||5|||5| |Cost||||| |At 1January
2021 and||||| |31December 2021|462,375|39,248|28,822|530,445| |Depreciation||||| |At 1 January 2021|60,977|27,905|24,647|113,529| |Charge for the year|8,028|2,836|1,044|11,908| |At 31 December 2021|69,005|30,741|25,691|125,437| |Carrying
amount||||| |At31 December2021|393,370|8,507|3,131|405,008| |At 31 December 2020|401,398|11,343|4,175|416,916| ## ## ## ## |Year ended 31 De
Investments|cember 2021|| |---|---|---| |||Listed| |||investments| |||5| |Cost or valuation||| |At 1 January 2021||230| |Additions||| |Fair value movements||54| |At 31 December 2021||284| |Impairment||| |At 1January 2021 and 31 December 2021||| |Carrying
amount||| |At 31 December 2021||284| |At 31 December 2020||230| |All investments
shown above are held at valuation.||| |Listed investments||| |The aggregate
market value of listed investments|is 5284 (2020:5230).|| ## ## |19.|price of52.563at 31
Debtors|December 2021|(52,15at 31 December|

2020).|| |---|---|---|---|---|---| |||||2021|2020| ||Prepayments
and accrued income|||950|1,002| ||Other debtors|||330|330| |||||1,290|1,332| |20.|Creditors: amounts|falling due within one year|||| |||||2021|2020| ||Accruals and deferred|income||1,975|2,314| |21.|Pensions
and other|post retirement|benefits||| ## ## ## ## ## |||||||||Gains and|| |---|---|---|---|---|---|---|---|---|---| ||||At 01/01/21
F||Income
f|Expenditure||losses|At 31/12/21
6| |Unrestricted||Fund|473,167||122,670||(135,798)|54|480,093| |||||||||Gains and|| ||||At 01/01/20
6||Income
F|Expenditure
6||losses|At 31/12/20
f| |Unrestricted||Fund|473,290||140,977||(140,992)|(108)|473,167| |Restricted|funds||||||||| |||||||||Gains and|| |||At 01/01/21
f|||Income|Expenditure
F||losses
6|At 31/12/21
8| |Restricted|Fund|||835|||(57)||778| |||||||||Gains and|| |||At 01/01/20
5|||Income
6|Expenditure
f||losses|At 31/12/20
f| |Restricted|Fund|||2,864|||(2,029)||835| |The balance||in the restricted|fund of6778||consists ofthe||following:||| ||||||||||2021
f| |Barnstondale||Youth Camp|||||||195| |Building
Fund|||||||||114| |CAP|||||||||112| |Kids Team|||||||||201| |Musicians|||||||||143| |Youth|||||||||13| ||||||||||778| ## ## ## ## ## |Analysis ofnet as|sets between funds|||| |---|---|---|---|---| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2021| |||||8| |Tangible fixed assets||405,008||405,008| |Investments||284||284| |Current assets||56,776|778|57,554| |Creditors less than|1 year|(1,975)||(1,975)| |Net assets||460,093|778|460,871| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2020| ||||f|6| |Tangible fixed assets||416,916||416,916| |Investments||230||230| |Current assets||58,335|835|59,170| |Creditors less than|1 year|(2,314)||(2,314)| |Net assets||473,167|835|474,002| ## ## ## ## ## ||Year ended 31|December 2021|| |---|---|---|---| |||2021|2020| |||6|| |Income and endowments|||| |Donations
Offerings|and legacies|101,468|108,003| |Donations||1,627|1,982| |Legacies||74|| |||103,169|109,985| |Charitable|activities||| |Centre Hire||700|450| |CDs/Books/Ddnks|||30| |||700|480| |Other trading activities|||| |Fundraising|events||4,045| |Investment|income||| |Bank interest receivable||6|41| |Dividends||4|| |||10|41| |Other income|||| |Gift Aid||18,785|25,425| |Total income||122,670|140,977| ## ## |||Year ended 31 Decem|ber 2021|| |---|---|---|---|---| ||||2021|2020| ||||6|f.| |Expenditure||||| |Expenditure
on charitable activities||||| |Wages and salaries
Employer's
NIC|||89,346
2,238|85,855
1,814| |Pension costs|||1,814|1,713| |Rates and water|||3,130|3,480| |Repairs and maintenance|||5,959|12,203| |Insurance|||3,199|3,201| |Legal and professional
Telephone||fees|1,800
815|1,800
532| |Other office costs|||5,754|4,092| |Depreciation|||11,908|13,366| |Other interest payable and similar charges|||101|170| |Outreach/Events/Concerts|||2,488|5,281| |Donations,
Missions|&|Subscriptions|3,578|5,979| |Children
&Youth|||3,725|3,535| ||||135,855|143,021| |Total expenditure|||135,855|143,021| |Net gains/(losses)|on|investments||| |Gains/(losses)
on listed||investments|54|(106)| |Net expenditure|||(13,131)|(2,152)| ## ## ## |||Year ended 31 Dece|mber 2021|| |---|---|---|---|---| ||||2021|2020f| |Expenditure
on charitable||activities||| |Direct Charitable
Activity||||| |Activities undertaken|directly|||| |Wages/salaries|||89,346|85,855| |Employer's
NIC|||2,238|1,814| |Pension costs|||1,814|1,713| |Rates, water,
light and|heat||3,130|3,480| |Repairs &Maintenance|||5,959|12,203| |Insurance|||3,199|3,201| |Telephone|||815|532| |Sundry costs|||5,754|4,092| |Depreciation|||11,908|13,366| |Outreach/Events/Concerts|||2,488|5,281| |Donations,
Missions 5|Subscriptions||3,578|5,979| |Children 8 Youth|||3,725|3,535| ||||133,954|141,051| |Governance costs||||| |Governance
costs - accountancy fees|||1,800|1,800| |Bank Charges|||101|170| ||||1,901|1,970| |Expenditure
on charitable||activities|135,855|143,021|