OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-02-28-accounts
COMPANY REGISIRATION NUMBER 3505690
DATE OF INCORPORATION 5th February 1998
OTHER NAMES Nations
Nations
On The March
START OF FINANCIAL YEAR 1stMarch 2020
END OF FINANCIAL YEAR 28th February 2021
DIRECTORS AT28TH FEBRUARY 2021 Chirgwin
Robert
Coupe Kathleen
Coupe Stephen
Dixon Gail
Grindrod
Stephen
REGISTERED ADDRESS 2a Glanmor Road
Llanelli
Carmar&enshire
SAIS 2LU
OBIECTS The advancement of the Christian Faith worldwide, in particular by
helping
indigenous		 people establish national mission movements.
The relief ofpersons who are in conditions of need and consequently
suffering
hardship		 or distress or who are aged or sick.
The
advancement		 of education of children or adults especially
vocational
training.
Such
other
charitable		 purposes as the Directors in their absolute
discretion
think fit.
GOVERNING DOCUMENT Memorandum
and		 Articles of Association incorporated on 5th
February 1998.
PRIMARY BANKERS National
Westminster		 Bank Plc
40 Market Street
Wellingborough
NN8 IAD
INDEPENDENT EXAMINER Nicola Lewis —Easybooks (Wales) Ltd
Unit 4, Dragon 24
North Dock
Llanelli
SA15 2LF

Unrestricted Designated Restricted TOTAL TOTAL
Notes Funds Funds Funds 2021/2020 2020/2019
INCOME f. f. f
Income from Generated Funds
Donations &legacies 2a 32,099 17,891 3,529 53,519 35,575
Income from Charitable Activities 2b 38.832 38,832 55,676
Income I'mm Investment 2c 0 28 28 152
Other Income 2d 0 600 600 250
TOTAL INCOME 70,931 17,919 4,129 92,979 91&653
EXPENSES
Costs ofGenerating
Funds
Expenditure
on Charitable		 Activities 3a 57,407 14,122 4,249 75,778 103,682
TOTAL EXPENSES 57,407 14,122 4049 75,778 103,682
NET INCOMING/(OUTGOING) 13,524 3,797 -120 17401 -12,029
Total Funds Brought Forward 58,471 44,465 593,866 696,802 708,831
Transfers -14,016 0 14,016
TOTAL FUNDS CARRIED FORWARD 57979 48 62 607762 714003 696802

Unrestricted Designated Designated Restricted Total Total
Funds Funds Funds 28/02/21 28/02/20
Notes f
Fixed Assets
Tangible Assets 48973 628,344 677,317 677,317
Cnrrent Assets
Debtors 9,110 6,452 1,025 16,587 9,891
Cash at Bank and In Hand 2,548 41 810 12995 57,353 62,129
Total Current Assets 11,658 48@62 14,020 73,940 72,020
Creditors:
amounts		 due within one year 8 2,652 2,652 3,917
9,006 48/62 14,020 71488 68,103
Creditors: amounts due in morc than one year
Mortgage 0 0 0
Long Term Loans 34,602 34,602 48,618
57979 62 607762 714003 696802
CAPITAL AND RESERVES
General Funds 57,979 0 0 57,979 58,471
Designated
Funds		 0 4fk262 0 48/62 44,465
Restricted Funds 0 0 607,762 607,762 593,866
57979 48 62 607762 714003 696802

2.INCOME Unrestricted Designated Designated Restricted Restricted TOTAL TOTAL
Funds Funds Funds 2021/2020 2020/2019
a) Donations Sr legacies 6
General Income 5,668 5,516 1,090 12,274 9,692
Charitable 20,921 12,375 1.839 35,135 19,073
Teanl 5,510 0 600 6,110 6,810
32099 17 891 3 529 53
19		 35
75
b) Income from Charitable Activities
Associated Ministries 35,994 35,994 48,084
TI'anlnlg 0 0 30
Other Events 2,838 2,838 7,562
38832 38832 55 676
c)Income from Investment
Bank Interest 0 28 28 152
0 28 28 152
d) Other Income
Gifts for Voluntary Workers 0 600 600 250
0 600 600 250

3.EXPENSE Unrestricted Unrestricted Designated Restricted TOTAL TOTAL
Funds Funds Funds 2021/2020 2020/2019
a) Expenditure on Charitable Activities f f
Site Costs 48,229 3,754 0 51,983 81,448
Events 1,214 0 0 1,214 3,693
Outgoing
Gifts		 4,881 0 0 4,881 2,422
Restricted Expenditure/Team Transfers 0 10,318 3,649 13,967 11,175
Gifts to Voluntary Workers 0 0 600 600 593
Subscriptions 523 0 0 523 519
Resources 901 50 0 951 1,456
Postage 19 0 0 19 55
Printing 0 0 0 0 192
Stationery 378 0 0 378 661
Depreciation 0 0 0 0 0
Other Administration Costs 260 0 260 250
Governance
Costs
Postage General 5 5 14
Stationery 94 94 165
Independent Examiner Fee 600 600 600
Resources 225 225 364
Other Administration Costs 78 78 75
57 407 14122 4249 75778 103682

E FIXEDASSE S Total
Buildings Equipment 2021
Cost at 01-Mar-20 677,316 677,316
Additions 0 0
Less Disposals 0 0
Cost at 28-Feb-21 677316 0 677 316
Depreciation
at		 01-Mar-20
Charge
Less Depreciation on disposals
Depreciation
at		 28-Feb-21 0 0
Net BookValue 28-Feb-21 677 16 0 677 16
Net Book Value 28-Feb-20 677316 0 677 316

FORTHE FORTHE YEAR EN DED 28TH FEBRUA RY 2021
5.DESIGNATED AND Balance Balance
RESTRICTED FUNDS 01-Mar-20 Income Transfers Expenditure 28-Feb-21
f
Designated 44,465 17,919 0 -14,122 48,262
Restricted 593,866 4,129 14,016 -4,249 607,762
638 31 22 048 14016 -18 71 656 024
The Restricted Funds contain the following:
Central A&ican Republic 1,756 1,694 -2,749 701
NEIF 0 1,053 0 -900 153
Lesotho 0 62 0 0 62
Overseas Personnel 8,670 1,320 0 -600 9,390
South East Asia 3,714 0 0 0 3,714
South Wales Buildings 384,664 0 7296 0 391,960
Wellingborough Building 195,062 0 6,720 0 201,782
593866 4 129 14016 -4 49 607762

6.ANALYSI S OFNET ASSETSBYFUND
Unrestricted Designated Restricted 28-Feb-21 28-Feb-20
Funds Funds Funds Total Total
f f f.
Fixed Assets and Investments 48,973 0 628,344 677,317 677,317
Current Assets 9,006 48,262 14,020 71,288 68,103
Liabilities
(due in more than one year)		 0 0 -34,602 -34,602 -48,618
57,979 48 62 607,762 714003 696802
7.DEBTORS 28-Feb-21 28-Feb-20
f f
Prepayments:
Insurance 3,701 3,815
Inland Revenue 12,886 6,076
Administration 0 0
16587 9891
8.CREDITORS: AMOUNTS DUE WITHIN ONE YEAR 28-Feb-21 28-Feb-20
Independent Examiners Fees 600 600
Accrual - Administration 2,052 3,317
2,652 3 917

9.RECONCILIATION
OF MOVEMENT ON CAPITAL AND RESERVES		 28-Feb-21 28-Feb-20
f f
Surplus/(Deficit)
for the Financial Year		 17401 -12,029
Opening Funds at 1stMarch 2020 696,802 708,831
Closing Funds at 28th February 2021 714003 696802