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|new opportunities
to support
Ch
Key Performance
Indicators|ristia|n teache|n teache|rs as they|rs as they|adapt to the new school en|adapt to the new school en|vironment.|vironment.|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|The Trustees meet regularly
to|hear|reports||from each||ofthe four camp groups||and to plan||the direction of future||
|activities prayerfully.
This reporting||and|planning||is not based on defined||financial||measures|or other quantitative||
|performance.
However,
certain|numerical||indicators||are tracked by the Trustees,|||at least annually.|||These are set out|
|below. Note that Easter holidays|did|not take||place|and Summer holidays took place online this year||||||due to Covid-19|
|restrictions
so it is not adirect comparison|||with 2019.|||||||||
|Holiday and conference attendance||||||||||2020|2019|
|(campers and assistant leaders)||||||||||No.|No.|
|Easter holidays|||||||||||363|
|Summer holidays||||||||||480|1,572|
|Other holidays
and conferences||||||||||664|546|
||||||||||1,144||2,481|
|||||||2020|2019|||2020|2019|
|Donations
analysis|||||||O/o||8'000||8'000|
|One-off gifts||||||49|34|||581|319|
|Standing
orders||||||51|66|||607|613|
|||||||100|100||1,188||932|
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||Notes|2020|2019|
|---|---|---|---|
||||f.|
|Income from:||||
|Donations
and legacies||1,188,289|932,323|
|Charitable
activities||108,335|824,350|
|Investments||1,113|1,331|
|Total income||1,297,737|1,758,004|
|Expenditure
on:||||
|Raising funds||(93,287)|(169,629)|
|Charitable
activities||(1,165,380)|(2,193,892)|
|Total expenditure||(1,258,667)|(2,363,521)|
|Net (losses) / gains on investments|11|(7,328)|10,683|
|Net income
/ (expenditure)||31,742|(594,834)|
|Net movement
in funds||31,742|(594,834)|
|Reconciliation offunds:||||
|Total funds brought forwards||321,870|916,704|
|Total funds carried forward||353,612|321,870|
##
|||Notes||2020||2019||
|---|---|---|---|---|---|---|---|
||||g|||||
|FIKED ASSETS||||||||
|Tangible Assets||10|||23,788||32,272|
|Investments||11|||108,590||376,120|
||||||132,378||408,392|
|CURRENT ASSETS||||||||
|Debtors||12|74,359|||68,349||
|Cash atbank|||314,829|||84,664||
||||389,188|||153,013||
|CREDITORSi Amounts|falling due|13|(167,954)|||(239,535)||
|within one year||||||||
|NET CURRENT ASSETS|||||221,234||(86,522)|
|NET ASSETS|||||353,612||321,870|
|FUNDS||||||||
|INCOME FUNDS||||||||
|Unrestricted
Income funds||16|||353,612||321,870|
|TOTAL INCOME FUNDS|||||353,612||321,870|
##
||||Notes|2020|2019|
|---|---|---|---|---|---|
|Cash used in operating
activities|||18|(27,489)|(603,138)|
|Cash flows I'rom investing|activities|||||
|Dividends
and interest from investments||||1,113|1,331|
|Proceeds from the sale of|fixed assets|||286||
|Purchase offixed assets||||(3,947)|(8,740)|
|Proceeds fiom the sale of|investinents|||360,202|624,620|
|Purchase ofinvestments||||(100,000)|(55,992)|
|Cash provided by investing|activities|||257,654|561,219|
|Increase / (Decrease) in cash and cash equivalents||in the year||230,165|(41,918)|
|Cash and cash equivalents|at the beginning ofthe|year||84,664|126,582|
|Total cash and cash equivalents
at the end ofthe||year|19|314,829|84,664|
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|||||2020|2019|
|---|---|---|---|---|---|
|Donations||||1,188,289|932,323|
|||||1,188,289|932,323|
|INCOME|FROM|CHARITABLE|ACTIVITIES|||
|NCOME FROM CHARITABLE ACTIVITIES|||
|---|---|---|
||2020|2019|
|Operation ofholiday camps|||
|Cainpers' fees|13,511|681,467|
|Assistant Leaders' fees|16,068|99,469|
|Other income|78,756|43,414|
||108,335|824,350|
##
|4.|INVESTMENT INCOME||||||
|---|---|---|---|---|---|---|
||||||2020|2019|
||Dividends||||894|1,102|
||Bank deposit interest||||219|229|
||||||1,113|1,331|
|5,|EXPENDITURE ON RAISING FUNDS||||||
||||||2020|2019|
||Costs ofgenerating
voluntary||income (see|note 7)|88,953|157,950|
||Investment
management
fees||||4,334|11,679|
||||||93,287|169,629|
|6.|EXPENDITURE ON CHARITABLE ACTIVITIES||||||
||||||2020|2019|
||Costs ofoperation ofholiday||camps:||||
||Camp groups staff salaries and||pension costs||709,204|761,939|
||Camp groups life assurance|and permanent||health|19,361|16,187|
||Staffexpenses||||42,691|79,615|
||Subsistence
grants paid to Associates (see|||note 9)|92,299|69,753|
||Rent and utilities||||28,363|539,157|
||Food||||15,663|139,405|
||Activities,
including
activities||legal costs||8,621|146,969|
||Insurance||||27,455|29,676|
||Other direct costs ofholidays||||3,087|46,140|
||Publicity,
printing,
consumables
and postage||||17,500|22,838|
||Camp group office and admin||costs||101,935|115,919|
||Depreciation||||11,352|13,469|
||Governance
costs (see note 7)||||28,960|104,547|
||||||1,106,491|2,085,614|
||Support costs (see note 7)||||58,889|108,278|
||Total charitable
activities||||1,165,380|2,193,892|
##
##
|||||Costs of||Costs of|||
|---|---|---|---|---|---|---|---|---|
|||||generating||operation|||
|||||voluntary|Governance|ofholiday|2020|2019|
|||||income|costs|camps|Total|Total|
|||||||8||K|
|Office staff|saisiy|and pension||26,556|7,587|41,730|75,873|85,125|
|costs s|||||||||
|Office staff|life assurance||s|609|174|958|1,741|5,959|
|Publicity
snd promotion||||31,079|||31,079|13,989|
|Office costs|s|||3,916|1,119|6,153|11,188|19,288|
|Insurance
(indemnity 4 legal|||||621||621|697|
|expenses)|||||||||
|External audit|||||4,680||4,680|4,560|
|Other professional||fees snd||7,209|31,240|9,612|48,061|235,795|
|administrative||costs it|||||||
|Trustee expenses|||||2,766||2,766|4,609|
|Depreciation|(see|note 10)*||278|79|436|793|753|
|||||69,647|48,266|58,889|176,802|370,775|
|Governance|costs|||19,306|(48,266)|28,960|||
|||||88,953||87,849|176,802|370,775|
|stated af|ter charging:|||
|---|---|---|---|
|||2020|2019|
|Depreciation||12,145|14,222|
|Operating|lease rentals:|||
|Land 6b|buildings|45,711|45,711|
|Auditors|remuneration:|||
|Audit||4,680|4,560|
##
##
|STAFFC|OSTS AND NUMBERS|||
|---|---|---|---|
|||2020|2019|
|||8||
|Wages||636,931|676,720|
|Social security costs||59,216|64,604|
|Pension contributions||88,931|105,740|
|||785,078|847,064|
|Subsistence|grants paid to associates|92,299|69,753|
|The average|number offull time equivalent
employees,
an|alysed by function, was:||
|---|---|---|---|
|||2020|2019|
|||No.|No.|
|Holiday camps||18.3|19.4|
|Management|and administration|1.6|1.8|
|||19.9|21.2|
##
##
|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Office|Camps'|Total|
||Equipment|Equipment||
|COST||||
|At I October 2019|32,583|206,035|238,618|
|Additions
Disposals
At 30September 2020|32,583|3,947
~2,7337
207,249|3,947
~2,733
239 832|
|DEPRECIATION||||
|At 1 October 2019|31,215|175,131|206,346|
|Charge for the year
Disposals|793|11,352
~2447|12,145
~2447|
|At 30September 2020|32,008|184,036|216,044|
|NET BOOK VALUE||||
|At 30September 2020|575|23,213|23,788|
|At 30September 2019|1,368|30,904|32,272|
##
|INVESTMENTS|||
|---|---|---|
||2020|2019|
|Market value|||
|At start ofthe year|376,120|934,065|
|Additions
at cost|100,000|55,992|
|Disposal proceeds|(360,202)|(624,620)|
|Realised gains on disposal|(15,918)|(116,239)|
|Unrealised
gains in market values|8 390|326922|
|At end ofthe year|108,590|376,120|
|Aaalysed as:|||
|Equities||27,102|
|Fixed Income||18,443|
|Alternative
investments||330,575|
|Rathbones
Active Income and Growth Fund|108,590||
||108,590|376,120|
|Historical cost at end ofthe year|100,000|298,247|
|DEBTORS|||
||2020|2019|
||8||
|Staff loans|8,371|10,989|
|Income tax recoverable|11,112|11,152|
|Other debtors|29,391|16,023|
|Prepayments|25,485|30,185|
||74,359|68,349|
##
##
##
|CREDITORS: AMOUNTS FALLING DUE WITHI|N ONE YEAR||
|---|---|---|
||2020|2019|
|Social security and other taxes|15,556|16,414|
|Other creditors|38,882|86,561|
|Accruals and deferred income|113,516|136,560|
||167,954|239,535|
|relate|to office rental:|||
|---|---|---|---|
|||2020|2019|
|Within|1 year|12,711||
|Within|2to 5years|33,000|45,711|
|Afier more than 5 years||||
|||45,711|45,711|
##
##
||||Balance at
I October 2019|Income|Expenditure|Gains/
losses|Balance st30
September 2020|
|---|---|---|---|---|---|---|---|
|Unrestricted|funds|||||||
|General|||224,296|1,297,737|(1,183,927)|(7,328)|330,728|
|Designated|—Growth Fund||97,574||(74,740)||22,834|
|Total unrestricted||funds|321,870|1,297,737|(1„258,667)|(7,328)|353,612|
|Total funds|||32 .8 8|. 9 .»|( . 38.6677|(7.3287|353,612|
##
##
|ovement|in fu|nds 2019||||||
|---|---|---|---|---|---|---|---|
||||Balance at
1October 2018|Income|Expenditure|Gains/
losses|Balance at
30Septem ber
2019|
|Unrestricted|funds|||||||
|General|||742,597|1,758,004|(2,286,988)|10,683|224,296|
|Designated|—Growth Fund||174,107||(76,533)||97,574|
|Total unrestricted||funds|916,704|1,758,004|(2,363,521)|10,683|321,870|
|Total funds|||916,704|1,758,004|(2,363,521)|10,683|321,870|
##
##
|ANALYSIS OF NKT ASSETSBETWEEN|FUNDS||
|---|---|---|
||Total 2020|Total 2019|
||All Uarestricted|All Unrestricted|
||8||
|Tangible fixed assets|23,788|32,272|
|Fixed asset investments|108,590|376,120|
|Current assets|389,188|153,013|
|Creditors due within I year|(167,954)|(239,535)|
|Net assets|353,612|321,870|
##
##
|Reconcilhttion
ofnet|(ex|penditure)
to net cash flow from operating|activities||
|---|---|---|---|---|
||||2020|2019|
|Net income/(expenditure)
Financial Activities)||for the year (as per the Statement of|31,742|(594,834)|
|Add back depreciation|charge||12,145|14,222|
|(Gains)/loss
on investments|||7,328|(10,683)|
|Investment
income|||(1,113)|(1,331)|
|(Increase) in debtors|||(6,010)|(10,512)|
|Increase in creditors|||(71,581)||
|Net cash used in operating||activities|(27,489)|(603,138)|
|ANALYSIS OF CASH AND CASH EQUIVALENTS|||||
||||2020|2019|
||||E|8|
|Cash in hand|||314,829|84,664|
##