## |Report of|the Trustees|l to 7| |---|---|---| |Report of|the Auditors|7to 11| |Statement|of Financial Activities|| |Statement|of Financial Position|13| |Statement|of Cash Flows|14| |Notes to the Financial Statements||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Notes|Unrestricted|Restricted|2021|2020| |---|---|---|---|---|---|---|---| |||||funds|funds||| |Income and|endowments|from:|||||| |Donations
Charitable|and legacies
activities||2
3|656,397
45,211|20,751|677,148
45,211|499,741
24,911| |Other trading
ar,tivities||||30,000||30,000|30,000| |Investments|||5|3||3|48| |Other income
Total|||6|17,077
748,688|20,751|17,077
769,439|5,730
560,430| |Expenditure|on:||||||| |Raising funds
Charitable
activities
Total|||8ra|(4,107)
621 208
(625,315)|(1,86ij
(1,861)|(4,107)
(623,069)
(627,176)|(694)
(497,431)
(498,125)| |Net income||||123,373|18,890|142,263|62,305| |Reconciliation
offunds|||||||| |Total funds
Total funds|brought
forward
carried forward|||2,026,341
2,149,714|18,890|2,026,341
2,168,604|1,964,036
2,026,341| ## |||Notes|2021|2020| |---|---|---|---|---| |Fixed assets||||| |Intangible assets||15||444| |Tangible assets||16|4,326,917|4,263,413| ||||4,326,917|4,263,857| |Current assets||||| |Debtors||17|6,876|10,285| |Cash at bank and in hand|||70,672|28,471| ||||77,548|3&,756| |Creditors: amounts|falling due within one year|18|(170,642)|(70,443)| |Net current assets|||(93,094)|(31,687)| |Total assets less current liabilities|||4,233,823|4,232,170| |Creditors: amounts|falling due aAer more than one year|19|(2,065,219)|(2,205,829)| |Net assets|||2,168,604|2,026,341| |The funds ofthe charity||||| |Restricted income funds|||18,890|| |Unrestricted
income funds|||2,149,714|2,026,341| |Total funds|||2,168,604|2,026,341| ## ||AS at 3|i AUQUSi P|i)2'l||| |---|---|---|---|---|---| |Cash nows from operating
activities|||tlAtl 4
%VX I||| |Surplus for the year|||142,263||62,305| |Investment
income recognised
in the statement|offinancial|activities|-3||| |Loss/(gain)
on disposal of property,
plant &equipment|||4,107||694| |Depreciation
and impairment
ofproperty,
plant 8 equipment|||81,271||| |Movements
in workin
ca ital|||||| |Decrease! (!ncrease) in trade 8 other receiveabies|||||1,227| |(Decrease)
/ increase
in Creditors 8 other payables|||2,673||162,965| |(Decrease)
/ increase
in deferred
income|||30,000||30,000| |Cash (absorbed
by) / generated
from operations||||201,282|| |investing
activities|||||| |Purchase
of property,
plant 8 equipment|||151,776||33,146| |Proceeds on disposal
of properly,
plant &equipment|||3i340||| |Investment
income received|||||48| |Net cash used in investing
activities||||148,433|| |Financing activities|||||| |Proceeds ofnew banK loans|||||181,000| |Repayment
ofbank loans|||10,645||44,417| |Net cash generated
from financing
activities||||10,645|| |Net decrease
in cash and cash equivalents||||42,204|| |Cash and cash equivalents
at beginning
ofyear||||28,469|| |Cash and cash equivalents
at end ofyear||||70,673|| ## ## ## ## ## ## ## ## ## ## ## ## |Grants|payable||| |---|---|---|---| |||2021|2020| |Community
Action (The Cupboard)||87|3,546| |Gilead|Foundation|3,000|3,000| |Hillsong||6,148|6,957| |Hope for Justice||1,200|1,200| |Sozo Ministries
International||1,200|1,200| |Trauma|Recovery Centre|42|19,979| |Rebuild|the Pastors|10,231|11,162| |Other||5393|9060| |||27,301|56,104| |Grants|to individuals|8505|9272| |||35,806|65,376| ## ## |ncome|from d|onati|ons|a|nd legacies|||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||Unrestricted|Restricted|2021|2020| ||||||||funds|funds||| |Donations
received|||||||656,397|17,351|673,748|499,741| |Grants|receivrKI|||||||3,400|3,400|| ||||||||656,397|20,751|677,148|499,741| |Comparative||for Income|||from donations|and legacies||||| |||||||||Unrestricted|Restricted|2020| |||||||||funds|funds|| |Donations
received||||||||376,418|123,325|499,743| |Grants|received|||||||||| |||||||||376,418|123,325|499,743| |ncome|from charitable|||activities||||||| ||||||||||2021|2020| ||||||||||E|f| |Unrestricted||funds||||||||| |Advancement||ofChristian|||faith|||||| |Sales|of Christian||Resources||||||20|899| |Cafe income||||||||||2,759| |Youth|&Student work|||income|||||4,409|1,053| |Rental Income (Freedom House)|||||||||25,200|20,200| |Church weekend|||away|income|||||15,582|| ||||||||||45,211|24,911| ||||||||||45,211|24,911| |ncome|earned|from other activities||||||||| ||||||||||2021|2020| |Unrestricted||funds||||||||| |Letting|ofCar|Park|||||||30,000|30,000| ||||||||||30,000|30,000| ## ## ## |5.Investment
in|come||| |---|---|---|---| |||2021|2020| |Unrestricted|funds||| |Bank interest|receivable||48| ||||48| |6.Other income|||| |||2021|2020| |Unrestricted|funds||| |Job Retention Scheme Grant||17,077|5,730| |||17,077|5,730| |7.Expenditure|on other trading activities||| |||2021f|2020| |Unrestricted|funds||| |Fund raising|events|4,107|694| |||4,107|694| ## |osts ofcharit|able
activit|ies by fund|type||||||| |---|---|---|---|---|---|---|---|---|---| |||||I IraraeIa Ir IaA
VIV eQI& IVIVV||Daebrrr 4 A
~'\'QOII IVIVI'||'\n&4
ALIIS I|enon
CII4II| ||||||funds||funds||| |Advancement|of Christian|faith|||305,701|||305,701|271,510| |Support costs|||||315,507||1,861|317,368|225,921| ||||||621,208||1,861|623,069|497,431| |Comparative|for costs ofcharitable||activities by fund type||||||| |Unrestricted|Restricted|2020| |---|---|---| |funds|funds|| |426,864|70,567|497,431| ## ## |9.Costs ofchar|itable
activi|tie|s by activ|ity type||||| |---|---|---|---|---|---|---|---|---| ||||||Activities|Support costs|2021|2020| ||||||undertaken|||| ||||||directly|||| ||||||K|||| |Support costs||||||||| |Advancement|of Christian|faith|||305,701|317,368|623,069|497,431| |Comparative|for costs ofcharitable|||activities by activity type||||| |||||||Activities|Support|2020| |||||||undertaken|costs|| |||||||directly||| |Charitable
activities||||||271,510|225,921|497,431| |10.Analysis of|support costs|||||||| ||||||||2021|2020| |Advancement|ofChristian||faith|||||| |Management|||||||272,431|179,606| |Governance|costs||||||44,937|46,315| ||||||||317,368|225,921| |11.Net income/(expenditure)|||for the year|||||| |This is stated|after charging/(crediting):|||||||| ||||||||2021|2020| |||||||||R| |Depreciation|ofowned fixed||assets||||80,827|22,440| |Amortisation|ofintangible|iixed assets||||||| |Trademarks|||||||444|444| |Accountancy|fees|||||||2,520| |Auditor's fees|||||||4,620|4,620| |Trustees'
remuneration|||||||30,778|34,569| |Staff pension|contributions||||||6,988|5,296| |Loss on disposal oftangible|||fixed assets||||4,107|694| ## ## |Staff costs and emolu|Staff costs and emolu|ments|ments||| |---|---|---|---|---|---| |Total staff costs for the||year ended 31August 2021 were:|||| |||||2021|2020| |Salaries and wages||||237,116|189,839| |Hnrial seriirity|costs|||22,811|9,936| |Pension costs||||6,988|5,296| |||||266,916|205,072| |||||2021|2020| |ActiviTies in furtherance||oforganisations|objects|12|12| |Management|and administration||||3| |||||15|| ## ## ## ## |Comparative
for the State|ment ofFinancial Activities|||| |---|---|---|---|---| |||Unrestricted|Restricted|2020| |||funds|funds|| ||||f|| |Income and endowments|from:|||| |Donations
and legacies||376,416|123,325|499,741| |Charitable
activities||24,911||24,911| |Other trading
activities||30,000||30,000| |Investments||48||48| |Other income||5,730||5,730| |Total||437,105|123,325|560,430| |Expenditure
on:||||| |Raisina funds||(694)||(694)| |Charitable
activities||(426,864)|(70,567)|(497,431)| |Total||(427,558)|(70,567)|(498,125)| |Transfers between funds||52,758|(52,758)|| |Net movement
in funds||62,305||62,305| |Reconciliation
offunds||||| |Total funds brought forward||1,964,036||1,964,036| |Total funds carried forward||2,026,341||2,026,341| |.Intangible
fixed assets||||| |||||Trademarks| |Cost or valuation||||| |At 01 September 2020||||4,442| |Aj
JA
A.. .. l rLMA
Nl 8 I tlugusL
CUC I||||~}RRC| |Amortisation||||| |At 01 September 2020||||3,998| |Charge for year||||444| |At 31 August 2021||||4,442| |Net book values||||| |At 31 August 2021||||| |At 31 August 2020||||| ## ## ## ||Land and|Motor|Fixtures and|| |---|---|---|---|---| |Cost or valuation|Buildings|Vehicles|Fittings|Totalf| |At 01 September 2020|4,220,717|12,500|239,853|4,473,070| |Additions|144,834||6,942|151,776| |Disposals|(1,776)|(12,500)|(55,232)|(69,508)| |At 31 August 2021|4,363,775||191,563|4,555,338| |Depreciation||||| |At 01 September 2020|36,981|12,277|160,398|209,656| |Disposals|(440)|(12,277)|(49,345)|(62,062)| |Charge for year|61,074||19,752|80,827| |At 31 August 2021|97,616||130,805|228,421| |Net book values||||| |At 31 August 2021|4,266,159||60,758|4,326,917| |At 31 August 2020|4,183,736|223|79,455|4,263,414| ## |Debtors|||| |---|---|---|---| |||2021|2020| |||K|f| |Amounts
due|within one year:||| |Trade debtors|||5,574| |Amounts
due|by group and associated undertakings|1,566|| |Prepayments|and accrued income|5,080|2,948| |Other debtors||230|1,763| |||6,876|10,285| ## |Creditors: amounts
|falling due within one year||| |---|---|---|---| |||2021|2020| |||R|| |Loans and overdrafts||120,931|20,967| |Trade creditors||8,772|7,076| |Other creditors|||| |PAYE &social security||6,319|5,260| |Accruals and deferred|income|34,620|37,140| |||170,642|70,443| ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||||R|| |Loans and overdrafts|||||1,978,284|2,088,894| |Accruals|and|deferred|income||86,935|116,935| ||||||2,065,219|2,205,829| |The property||loan from|Stewardship||Services (UKET) Ltd was originally E1,995,000 in total charged at3.25% (variable at one|| |months'|notice) repayable|||over 15|years.|| |In light ofthe uncertainty|caused by Covid-19 the charity applied for, and received, deferral|caused by Covid-19 the charity applied for, and received, deferral|caused by Covid-19 the charity applied for, and received, deferral|caused by Covid-19 the charity applied for, and received, deferral|caused by Covid-19 the charity applied for, and received, deferral|caused by Covid-19 the charity applied for, and received, deferral|caused by Covid-19 the charity applied for, and received, deferral|ofcapital repayments
on|ofcapital repayments
on|the loan.|the loan.|F1| |---|---|---|---|---|---|---|---|---|---|---|---|---| |million ofthe loan was interest|||only until January 2021,when capital repayments||||were due, but this interest only period||||was|| |extended
-capital repayments|||started July 2021.The other part ofthe loan is still interest only and capital||||||repayments||are due to|| |start in November 2021.||||||||||||| |The ioan from Stewardship||is|secured on Freedom|House, Lower|Brlstoi Road,||Bath, BA2|1EPand iand iying to the west of||||| |Technology
House, Lower||Bristol Road, Bath, BA2||1EP,as the same is registered
at the Land Registry under title number AV26412||||||||| |and AV93184.||||||||||||| |Analysis ofnet assets|between funds|||||||||||| |||||Intangible|||Tangible|Net current|Creditors|)|Net|Assets| |||||fixed assets||fixed assets||assets I|one year|||| |||||||||(liabilities)||||| |||||||||R||f||| |Unrestricted
funds||||||||||||| |General||||||||||||| |General||||||4,326,.917||(111,.984)|(2,065,219)||2,149.,714|| |Restricted funds||||||||||||| |Fencing fund||||||||18,890||||18,890| ||||||||4,326,917|(93,094)|(2,065,219)||2,168,604|| |Previous year||||||||||||| |||||Intangible|||Tangible|Net current|Creditors|)|Net|Assets| |||||fixed assets||fixed assets||assets I|one year|||| |||||||||(liabilities)||||| |Unrestricted
funds||||||||||||| |General||||||||||||| |General|||||444||4,263,413|(31,687)|(2,205,829)||2,026,341|| |Restricted funds||||||||||||| ||||||444||4,263,413|(31,687)|(2,205,829)||2,026,341|| ## ## ## ## ||||Balance|Incoming|Resources|Transfers|Balance|Incoming|Resources|Transfers|Balance at| |---|---|---|---|---|---|---|---|---|---|---|---| ||||at 1 Sept|resources|expended||at 1 Sept|resources|expended||31August| ||||2019||||2020||f||2021
f.| |Fencing|fund|||||||20,750|-1,861||18,890| |Building|fund|||118,102|-69,089|-49,013|||||| |Gifts for|visiting|||125|-125||||||| |speakers|||||||||||| |Trauma||||123|-123||||||| |Recovery||Centre|||||||||| |Equipment||fund||4,975|-1,230|-3,745|||||| |||||123,325|-70,567|-52,758||20,750|-1,861||18,890| ## ## |24. Detailed Statement|ofFinancial Activities||| |---|---|---|---| |||2021|2020| ||||f| |INCOME AND ENDOWMENT|||| |Donations
and legacies|||| |Donations||581,722|429,084| |Gift Aid||92,026|70,657| |Grants receivable||3,400|| |||677,148|499,741| |Charitable
activities|||| |Sales ofChristian
Resources||20|899| |Cafe income|||2,759| |||n dna
r&vvv|ArQ
I )VU'V| |Rental Income (Freedom House)||25,200|20,200| |Other income||5,880|| |Church weekend
away income||9,702|| |||45,211|24,911| |Other trading activities|||| |Income from Letting ofCar Park||30,000|30,000| |||30,000|30,000| |Investments|||| |Bank interest receivable|||48| ||||48| |Other income|||| |Job Retention Scheme Grant||17,077|5,730| |||17,077|5,730| |Total incoming
resources||769,439|560,430| |EXPENDITURE|||| |Other trading
activities|||| |Loss on disposal ofassets||(4,107)|(694)| |||(4,107)|(694)| |Charitable
activities|||| |Staff costs - wages &salaries||(206,339)|(155,271)| |Staff costs - social security costs||(22,811)|(9,936)| |Staff costs - pension|contributions|(6,988)|(5,296)| |Pastoral expenses||(4,635)|(3,423)| |Sunday catering &supplies||(4,177)|(6,018)| |Youth Work||(8,727)|(5,753)| |Childrens
Work||(983)|(1,722)| |Church weekend
away||(8,538)|(1,735)| |Events - other||(4,608)|(10,516)| |Training
&resources||(1,855)|(6,182)| |Resources for resale|&album costs|(234)|(282)| |Grants to institutions||(27,301)|(56,104)| |Grants to individuals||(8,505)|(9,272)| ## ||||||(305,701)|(271,510)| |---|---|---|---|---|---|---| |SUPPORT COSTS||||||| |Management||||||| |Depreciation|||||(80,827)|(22,440)| |Amortisation|||||(444)|(444)| |Meetings
&staff|welfare||||(13)|(1,456)| |Garage rent &storage|||||(3,700)|(3,588)| |Church 8 office|equipment||||(4,625)|(4,048)| |Software, graphics||&|IT||(5,945)|(11,754)| |Printing,
postage|&|stationery|||(1,198)|(1,849)| |Telephone|||||(2,912)|(2,876)| |Other office expenses|||(inc cleaning,|H8S,website)|(27,297)|(3,959)| |Utilities|||||(21,107)|(17,421)| |Insurance|||||(6,742)|(7,224)| |Travel &accomodation|||||(1,513)|(314)| |Licenses 8 permits||||||(657)| |Rates|||||(11,099)|(14,960)| |Bank charges|||||(2,636)|(3,010)| |Minibus|||||(330)|(720)| |Subscriptions|||||(4,228)|(1,386)| |Loan interest|||||(68,391)|(67,551)| |Building repairs|&maintenance||||(17,224)|(13,949)| |Legal fees|||||(12,200)|| ||||||(272,431)|(179,606)| |Governance costs||||||| |Wages and salaries|||||(30,778)|(34,569)| |Accountancy
fees|||||(6,494)|(2,520)| |Audit fees|||||(4,620)|(4,620)| |Legal fees|||||(3,045)|(4,606)| ||||||(44,937)|(46,315)| |Total resources expended|||||(627,176)|(498,125)| |Net Income|||||142,263|62,305|