CVM
CHRISTIAN VISION FOR MEN
ANNUAL REPORT.
OF THE TRUSTEES
FOR THE YEAR ENDING 31 OCTOBER 2020
INTRODUCING MEN
TO JESUS SINCE 1989
CONTENTS
Trustees, Report
04
Auditor's Report
11
Statement of Financial Activities
12
Statement of Financial Position
13
Notes to the Accounts
14
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|Chairman:||I H Manifold||||
|---|---|---|---|---|---|
|Trustees:||BPriestley||||
|||EDring||||
|||I H Manifold||||
|||DThorpe||||
|Chief Executive Ofhcer:||Nathan
Blackaby||||
|President:||Carl Beech||||
|Operations|Director:|S Martin||||
|Registered|Oflice:|The Hub||||
|||Unit 2Chatsworth||Technology|Park|
|||Dunston
Road||||
|||Chesterfield|S41|BXA||
|Registered|Number:|3623498||||
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|Registered|Charity|Number|(Scotland): SCO43446||
|---|---|---|---|---|
|Bankers:|||HSBC Bank pic||
||||45 Milsom Street||
||||Bath BA1 1DU||
||||Standard
Life Bank Limited||
||||30Lothian Road||
||||Edinburgh
EH1 2DH||
|Auditor:|||Stopford Associates|Ltd|
||||Synergy House||
||||7 Acorn Business Park||
||||Commercial
Gate||
||||Mansfield
NG18 1EX||
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||||||Notes|Notes|Unrestricted
Restricted|Unrestricted
Restricted||Total||Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||2020
6|2020f||2020
6||2019
6|
|INCOME AND ENDOWMENTS||FROM:|||||||||||
|Donations|and legacies||||||423,203|||423,203|416,130||
|Income from charitable
activities|||||||||||||
||Group subscriptions||||||22,567|||22,567||27,383|
||Sales of products
and publications||||||8,021|||8,021||13,027|
||Events|||||||15,363||15,363|238,655||
||Lanzarote timeshare||||||||||||
||Speaking
income||||||||||||
||Other income||||||2,021|||2,021||5,241|
|Investments|||||||||||||
||Interest received||||||21|||21||7|
|Total Income and endowments:|||||||455,833|15,363||471,196|700,442||
|EXPENDITURE ON:|||||||||||||
|Raising funds:|||||||||||||
||Cost of products
sold||||||6,875|||6,875||6,315|
||Salary and other costs||||1&5||29,421|||29,421||34,965|
|Charitable|activities||||||||||||
||Conference,
Gathering||events|& Lanzarote|||2,643|||2,643||11,772|
||Gathenng
event|||||||37,601||37,601|283,285||
||Other chantable
expenditure||||1&6||338,456|||338,456|375,321||
|Other|||||||||||||
||Independent
Examiner's||fees||1&7||2,400|||2,400||4,530|
|Total resources expended|||||2&3||379795|37601||417395|716189||
|Net income/(expenditure)
before|||transfers||||76,038|(22,238)||53,801|(15,747)||
|Transfers|between
funds||||||22243|22243|||||
|Net income/(expenditure)
after||transfers|||||53,796||5|53,801|(15,747)||
|Balances|brought
forward at 1|November 2019|||||(107,811)|7,047||(100,764)|(85,017)||
|Balances|carried forward at 31|October||2020|||54,015|7,052||4b,g63|100,764||
|The statement
offinancial
activities|||also complies||with the requirements|for an income and expenditure||account|under the Companies|||Act|
|2006.|||||||||||||
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|2.
Income and ex
nditure|2.
Income and ex
nditure|account||||2020
f|2019f|
|---|---|---|---|---|---|---|---|
|Is arrived at after charging/(credihng)||||||||
|Remuneration
oftrustees||||||||
|Travelling
expenses
reimbursed||to trustees||||||
|Hire purchase
interest||||||||
|Independent
examiner's|fee|||||||
|Fees for accounting
services||||||18,000|18,000|
|Independent
auditor's fee|||||||4,530|
|Independent
Examiners|fee|||||2,400||
|Wages and satanas||||||169,860|206,591|
|Social security costs||||||16,088|16,865|
|Pension costs||||||5,491|4,910|
|Other costs||||||||
|||||||191,439|228 365|
|Average number
ofstaff|for the|year||||||
|Average
number
ofstaff|- based on equivalent|||full time||||
|Ministry||||||||
|Support staff||||||||
|No individual
employee
h|ad em|oluments|above|F60000during|theyear.|8|7|
|Average|number|ofstaff|for the|year||||
|---|---|---|---|---|---|---|---|
|Average|number|ofstaff|- based|on equivalent||full time||
|Ministry||||||||
|Support|staff|||||||
|No individual
employee|||had emoluments||above|F60,000 during|the year.|
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||||||Unrestricted|Restricted|2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||Fundsf|Funds|Total
f|Totalf|
|Fund raising costs CAF/Just||Giving|||2,115||2,115|3,956|
|Salaries and other employment|||costs [5%]||9,572||9,572|11,418|
|Travel costs (5%)|||||1,019||1,019|2,111|
|Office costs (5%)|||||3,768||3,768|3,857|
|Exhibitions
and other publicity|||||12,823||12,823|13,521|
|Website and other means of||communication||(3%)|123||123|101|
||||||29421||29421|34 965|
||||||Unrestricted|Restricted|2020|2019|
||||||Fundsf|Fundsf|Totalf|Total|
|Salaries and other employment|||costs (95%)||181,867||181,867|216,947|
|Consultancy
fees (100%)|||||61,648||61,648|41,727|
|Travel costs (95%)|||||19,368||19,368|40,108|
|Office costs (95%)|||||71,600||71,600|73,287|
|Website and other means of||communication||(97%)|3,973||3,973|3,252|
||||||338456||338456|575321|
||||||Unrestricted|Restricted|2020|2019|
|7 Anal
is ofresources
Governance costs|ex|ended|||Fundsf|Fundsf|Total
f|Total
f|
|Independent
auditors fee||||||||4,530|
|Independent
examiner's|fee||||2,400||2,400||
||||||2400||2400|4 530|
||||||||2020|2019|
|Inta/est
in Timeshare|||||||7,052|7,052|
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||||||||Motor|Fixtures &|Office|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Vehicles|Fittings|Equip'||
||||||||6|8|8||
|At 1 November|2019||||||5,300|5,639|55,577|66,516|
|Additions||||||||809|2,837|3,646|
|Eliminated
on|disposal||||||||||
|At 31 October|2020||||||5300|6,448|58,414|70 162|
|~De reciation|||||||||||
|At 1 November|2019||||||5,300|5,639|53,720|64,659|
|Charge for the|year|||||||225|1,652|1,877|
|Eliminated
on|disposai||||||||||
|At 31 October|2020||||||5.300|5.864|55.372|66,536|
|ffaLbrtrdt~u|||||||||||
|At 31 October|2020|||||||584|3042|3626|
|At 31 October2019|||||||||1,857|1 857|
|There were no|outstanding||capital|commitments|at|31 October 2020|||||
||||||||||2020|2019|
|10.Et998|||||||||8|8|
|Books, resources,
learning|||materials||||||9645|7607|
|11.129btgf&|||||||||2020
8|2019f|
|Income tax recoverable||re|Gift Aid||||||5,497|9,082|
|Prepayments
and accrued|||income||||||76,286|49,005|
||||||||||81,783|58,087|
||||||||||2020|2019|
|12a.Creditors|Amounts||fallin|due within one||ear|||8|5|
|Loans|||||||||5,000|5,000|
|Other creditors|||||||||4,363|5,710|
|Taxation and social security|||||||||4,120|4,723|
|Trade creditors|||||||||32,818|38,986|
|Accruals and deferred||income|||||||118,881|152,360|
||||||||||165,183|206,779|
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|14.|Anal|sis of charit|sis of charit|funds|funds||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2019|Income||Expenditure|Transfers||2020|
|||||||||8||8|E||8|E|
|Unrestricted|||funds||||||||||||
|||General fund||||||107811|455833||379,795|22,243||54015|
|Restricted||funds|||||||||||||
|||Lanzarote Timeshare||||||7.047|||||5|7052|
|||Events
Autumn|||Conference||||15,363||(37,601)|22,238|||
|||||||||7,047|15,363||37,601|22,243||7.052|
|||||||||(100,764|471,196||417,395||||
|The Lanzarote|||Timeshare|Fund|arises from a speafic gift made|||to enable the|charitable|company|to purchase|an interest|in a Timeshare,||
|which is used|||to take men's groups for fellowship||||and teaching.||||||||
|15.Analysis|||of Net Liabilities||between|Funds|||||||||
|||||||||Intan'||||Creditor|||
|||||||||Fixed|Tangible|Fixed|Net Current|due after|1||
|||||||||Assets|Assets||Assetsl Liab'|year||Total 8|
|||||||||K||8|8||6||
|Restricted||Funds||||||7,052||||||7,052|
|Unrestricted||Funds||||||||3,626|(57,641)|||(54,015)|
|Total|funds|at|31 October|2020||||7052||3,626|57,641|||46963|
|16.Cash and|||cash equivalents||||||||||||
|||||||||||||2020||2019|
|Cash|and cash equivalents|||comprise the||following|||||||8|8|
|Cash|at bank||and
in hand|||||||||16,114||31,412|
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||||The|Autumn|
|---|---|---|---|---|
||||Gathering|Conference|
|||||6|
|Opening|deferred|income|128,997|15,363|
|Additions|during|the year|4,356||
|Released|to income|||(I5,363)|
|Closing deferred||income|133353||
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||2020|2019|
|---|---|---|
|||6|
|Not later than one year|23,298|26,604|
|Later than one and not later than five years|7,841|29,469|
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Page21 of22
J•
CVM
PHPISTIAN VISION FOR MEN
THE HUB
UNIT 2 DUNSTON ROAD
CHEsfERFIELD $418XA
cvm.ory.uk