SALTBURN CHRISTIAN PROJECTS
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD FROM 1 JUNE 2020 TO 31 MAY 2021
| INCOMING RESOURCES from generated funds Grants Donations from local churches Other donations and fund-raising Total other incoming resources Interest on bank deposits Total incoming resources RESOURCES USED Direct charitable expenditure Youth work Premises costs Fundraising and publicity Management and administration Total resources used Net incoming/(outgoing) resources Balances brought forward at 31 May 2020 Balances carried forward at 31 May 2021 |
Note 2a 2b 3a 3b 3c 4 |
2020-21 £ 61,770 99 528 62,397 21 62,418 46,130 1,674 1,022 48,826 13,592 29,031 42,623 |
2019-20 |
|---|---|---|---|
| £ 59,050 160 1,666 |
|||
| 60,876 | |||
| 81 | |||
| 60,957 | |||
| 54,315 1,675 1,392 |
|||
| 57,382 | |||
| 3,575 25,456 |
|||
| 29,031 |
The notes on pages 4 to 6 form part of these accounts.
2
| Note | 2021t | 2020 f |
|
|---|---|---|---|
| Tanglble FixedAssets | |||
| Gurrent Assets | |||
| Debtors | 5 | 101 | 101 |
| Cash at bank andinhand Total |
43,213 43,314 |
29,953 29,954 |
|
| Creditors | 6 | 69{ | 923 |
| NetCurrentAssets | 42,623 | 29,031 | |
| NET ASSETS | 42,623 | 29,031 | |
| Funds | |||
| Restricted | |||
| Doonraysproject | 42,623 | 29,031 | |
| TOTALFUNDS | 42,623 | 29,031 |
SALTBURN CHRISTIAN PROJECTS
NOTES ON THE FINANCIAL STATEMENTS
Note
1 ACCOUNTING POLICIES
The financial statements have been prepared in accordance with the accounting policies set out in this note and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014.
The financial statements have been prepared on an accruals basis under the historical cost convention. There has been no change in the basis of accounting
Funds
Restricted funds represent the funds of a charity that are expendable by the trustees in furtherance of some particular aspect of the objects of the charity. All the funds held by Saltburn Christian Projects (SCP) during the period covered by these accounts were intended to support the work of the doorways project and are, therefore, restricted.
Incoming Resources
Grants, collections and donations are recognised when received by or on behalf of SCP. Planned giving receivable under covenant is recognised only when received. Income tax recoverable on covenants or gift aid donations is recognised when the donation is recognised.
Grants and other income which are given specifically to cover expenditure in a later accounting period are held as creditors and not taken as incoming resources until the period for which they are intended.
Sums raised for the benefit of SCP through events organised, on its behalf, by individuals are accounted for gross except where it is not practicable to do so.
Interest is accounted for when receivable. All interest is received gross, without deduction of Income Tax.
Fixed Assets
Equipment is depreciated on a straight line basis, over 5 years; furniture is depreciated on a straight line basis, over 10 years. Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired.
4
SALTBURN CHRISTIAN PROJECTS
Note
| INCOMING RESOURCES 2a Support grants Big Lottery Destinations- Saltburn All Churches Trust Total 2b Other donations and fund-raising Covenants and gift aid Other individual donations and events Total RESOURCES USED 3a Youth work Salaries Pension contributions Training and supervision Travel and subsistence Contact costs Total 3c Premises costs Rent Modifications and improvements Repairs and cleaning Total |
2020-21 £ 51,550 - 10,220 61,770 504 24 528 44,440 1,472 - 58 160 46,130 1,674 - - 1,674 |
2019-20 |
|---|---|---|
| £ 55,550 3,500 - |
||
| 59,050 | ||
| 494 1,172 |
||
| 1,666 | ||
| 52,176 1,472 243 42 382 |
||
| 54,315 | ||
| 1,674 - 1 |
||
| 1,675 |
5
SALTBURN CHRISTIAN PROJECTS
| Note 3d Management and administration Postage, stationery, telephone Destinations service charge Trustees indemnity insurance Other insurance Bank charges Consultancy fees Furniture and equipment Software and licences Statutory fees Depreciation Other Total |
2020-21 £ 382 - - 419 72 - - 136 13 - - 1,022 |
2019-20 |
|---|---|---|
| £ 406 - - 419 72 104 13 365 13 - - |
||
| 1,392 |
The trustees are grateful to the independent examiner who has provided his services free of charge.
4 Salary and staff information
No trustee or any person connected with a trustee received any remuneration in connection with the work of the Charity.
The average number of employees during the period was 2 (2019-20, 2) and the total emoluments were £45,912 (2019-20, £53,648)
No employee received remuneration in excess of £40,000.
| 5 Debtors (all due within 1 year) Income Tax recoverable on Gift Aid Other Total 6 Creditors (all payable within 1 year) Tax and National Insurance Other Total |
£ 101 - 101 691 - 691 |
£ 101 - |
|---|---|---|
| 101 | ||
| 695 228 |
||
| 923 |
6