2021-08-31-accounts - New Community Network

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Trustees		Mr W R Kennedy	Mr W R Kennedy
		Mrs S M Frame
		Mr C N D Romilly
		Mr A Sheen		(Appointed	23 September 2020)
		Mrs K Swift		(Appointed	25 March 2021)
		Mr J Cathie		(Appointed	25 March 2021)
Charity number		1072645
Company	number	03578938
Principal address		Central Hall
		St Mary Street
		Southampton
		Hants
		SO14 1NF
Registered	office	Central Hall
		St Mary Street
		Southampton
		Hants
		SO14 1NF
Auditor		Caladine Limited
		Chantry House
		22 Upperton	Road
		Eastbourne
		East Sussex
		BN21 1BF
Bankers		Barclays Bank PLC
		Hatton Garden Business Centre
		99 Hatton Garden
		London
		EC1N 8DN
		CAF Bank Limited
		25 Kings Hill	Avenue
		Kings Hill
		West Mailing
		Kent
		ME194JQ
Solicitors		Blake Morgan
		New Kings Court
		Tollgate
		Chandler's Ford
		Eastleigh
		60533LG

			Page
Trustees' report			1-5
Statement oftrustees' responsibilities
Independent auditor's report			7-10
Consolidated statement offinancial	activities		11-12
Charity statement offinancial activities			13-14
Consolidated and charity statement	offinancial	position	15
Statement ofcash flows			16
Notes to the financial statements			17-34

					Unrestricted	Restricted	Total	Total
					funds	funds	2021	2020
				Notes	2	2	2	2
In m n n wments		from:
Donations and legacies					525,852	70,055	595,907	693,838
Charitable activities					70,351		70,351	85,760
Other trading activities					482,106		482,106	277,793
Investments					148		148	1,463
Total income					1,078,457	70,055	1,148,512	1,058,854
~Ex ~ndf tnm
Raising funds				7	335,091		335,091	424,368
Charitable activities				8	448,279	210,464	658,743	693,129
Other				11				3,916
Total resources expended					783,370	210,464	993,834	1,121,413
Net incoming resources
before transfers					295,087	(140,409)	154,678	(62,559)
Gross transfers between	funds			20	6,285	(6,285)
Net income/(expenditure)		for	the
year/Net movement in funds					301,372	(146,694)	154,678	(62,559)
Fund balances at 1 September			2020		642,697	537,172	1,179,869	1,242,428
Fund balances at 31 August			2021		944,069	390,478	1,334,547	1,179,869

				Unrestricted	Restricted	Total
				funds	funds	2020
			Notes	2	2	2
ln m n	n wm	from
Donations and	legacies			607,123	86,715	693,838
Charitable activities				85,760		85,760
Other trading activities				277,793		277,793
Investments				1,463		1,463
Total income				972,139	86,715	1,058,854
~E* dll
Raising funds			7	424,368		424,368
Charitable activities			8	583,200	109,929	693,129
Other			11	3,916		3,916
Total resources expended				1,011,484	109,929	1,121,413
Net incoming	resources
before transfers				(39,345)	(23,214)	(62,559)
Gross transfers	between	funds	20	29,127	(29,127)
Net income/(expenditure)		for the
year/Net movement in funds				(10,218)	(52,341)	(62,559)
Fund balances	at 1 September 2019			652,915	589,513	1,242,428
Fund balances	at 31August 2020			642,697	537,172	1,179,869

			Unrestricted	Restricted	Total	Total
			funds	funds	2021	2020
			8	2	2	2
Income and endowments		from:
Donations and legacies			735,387	70,055	805,442	670,955
Charitable activities			75,631		75,631	92,060
Other trading activities			5,757		5,757	2,482
Investments			148		148	1,441
Total income			816,923	70,055	886,978	766,938
~Ex ~niIII~LNr
Raising funds			2,138		2,138	2,859
Charitable activities			572,752	210,464	783,216	816,838
Other						8,662
Total resources	expended		574,890	210,464	785,354	828,359
Net incoming resources
before transfers			242,033	(140,409)	101,624	(61,421)
Gross transfers	between	funds	6,285	(6,285)
Net income for	the year/
Net movement	in funds		248,318	(146,694)	101,624	(61,421)
Fund balances at 1 September 2020			692,115	537,172	1,229,287	1,290,708
Fund balances	at 31 August 2021		940,433	390,478	1,330,911	1,229,287

					Unrestricted	Restricted	Totai
					funds	funds	2020
					2	2	2
Incom n en		wmn	f	m
Donations and	legacies				584,240	86,715	670,955
Charitable activities					92,060		92,060
Other trading activities					2,482		2,482
Investments					1,441		1,441
Total income					680,223	86,715	766,938
gxXE;gff~lt r	n:
Raising funds					2,859		2,859
Charitable activities					706,909	109,929	816,838
Other					8,662		8,662
Total resources		expended			718,430	109,929	828,359
Net incoming	resources
before transfers					(38,207)	(23,214)	(61,421)
Gross transfers		between	funds		29,127	(29,127)
Net income for		the yearl
Net movement		in funds			(9,080)	(52,341)	(61,421)
Fund balances	at 1 September			2019	701,195	589,513	1,290,708
Fund balances		at 31 August		2020	692,115	537,172	1,229,287

					Group	Group	Charity	Charity
					2021	2020	2021	2020
				Notes	E	E	E	E
Fixed assets
Property, plant and		equipment		13	1,228,651	1,274,288	1,225,012	1,268,778
Investments				14			1,000	1,000
					1,228,651	1,274,288	1,226,012	1,269,775
Current assets
Inventories					5,350	571
Trade and other receivables				15	70,980	59,208	135,861	41,540
Cash at bank	and	in hand			681,756	579,707	570,729	554,613
					758,086	639,486	706,590	596,153
Current liabilities				16	(110,511)	(110,745)	(60,012)	(63,484)
Net current assets					647,575	528,741	646578	532,669
Total assets	less	current	liabilities		1,876,226	1,803,029	1,872,590	1,802,447
Non-current	liabilities			17	(541,679)	(623,160)	(541,679)	(573,160)
Net assets					1,334,547	1,179,869	1,330,911	1,229,287
Income funds
Restricted funds				20	390,478	537,172	390,478	537,172
Unrestricted	funds				944,069	642,697	940,433	692,115
					1,334,547	1,179,869	1,330,911	1,229,287
The financial	statements		were approved	by the Trustees on	DL-	25

					2021		2020
				Notes	2	2	2	2
Cash flows from operating		activities
Cash generated from operations				25		207,068		15,354
Investing	activities
Purchase	of property, plant	and equipment			(7,996)		(9,414)
Proceeds	on disposal of property, plant		and equipment				1,742
Income from investments					148		1,463
Net cash	used in investing	activities				(7,848)		(6,209)
Financing	activities
Repayment	of other borrowings				(50,000)
Repayment	of bank loans				(47,171)		(49,224)
Net cash used in financing		activities				(97,171)		(49,224)
Net (decrease)/increase in		cash and	cash equivalents			102,049		(40,079)
Cash and	cash equivalents	at beginning	of year			579,707		619,786
Cash and	cash equivalents	at end of	year			681,756		579,707

			Unrestricted	Restricted	Total	Total
			funds	funds	2021	2020
Donations	and gifts		525,852	70,055	595,907	693,838
Donations	and gifts	2021
Donations	and gifts		416,'l32	63,610	479,742
Legacies receivable			120		120
Government	furlough	grant	24,960		24,960
Gift aid			84,640	6,445	91,085
			525,852	70,055	595,907
Donations	and gifts	2020
Donations	and gifts		462,999	76,797		539,796
Legacies receivable			1,000			1,000
Government	furlough	grant	21,870			21,870
Gift aid			89,424	9,918		99,342
Donated goods and services			31,830			31,830
			607,123	86,715		693,838

					Unrestricted	Restricted
					fundsf	funds f	Total 2021 f	Total 2020 f
	Fee income				40,568		40,568	53,511
	Honoraria							30
	Training	fees			23,308		23,308	28,148
	Other income				6,475		6,475	4,071
					70,351		70,351	85,760
	Charitable		activities 2020
					Unrestricted	Restricted
					fundsf	fundsf		Total 2020 f
	Fee income				53,511			53,511
	Honoraria				30			30
	Training	fees			28,148			28,148
	Other income				4,071			4,071
					85,760			85,760
5	Other trading			activities 2021
					Unrestricted	Restricted
					fundsf	fundsf	Total 2021 f	Total 2020 f
	Rental	and	hire	charges	477,549		477,549	269,611
	Trading	activities			4,557		4,557	8,182
					482,106		482,106	277,793
	Other trading			activities 2020
					Unrestricted	Restricted
					fundsf	fundsf		Total 2020f
	Rental	and	hire charges		269,611			269,611
	Trading	activities			8,182			8,182
					277,793			277,793

Unrestricted	Unrestricted
funds	funds
2021	2020
f	2
148	1,463

Raising funds	2021
		Unrestricted	Restricted
		funds	funds	Total 2021	Total 2020
		2	2	2	2
T~ra n~ortg
Staff costs		133,291		133,291	189,819
Cost of trading	subsidiaries	3,376		3,376	34,939
Building costs		60,239		60,239	46,514
Communications		3,479		3,479	8,482
Finance costs		391		391	2,140
Resource costs		46,435		46,435	18,847
Depreciation		1,870		1,870	1,903
Support costs (see note 10)		86,010		86,010	121,724
		335,091		335,091	424,368
Raising funds	2020
		Unrestricted	Restricted
		funds	funds		Total 2020
		2	2		6
Tra~i~stg
Staff costs		189,819			189,819
Cost of trading	subsidiaries	34,939			34,939
Building costs		46,514			46,514
Communications		8,482			8,482
Finance costs		2,140			2,140
Resource costs		18,847			18,847
Depreciation		1,903			1,903
Support costs (see note 10)		121,724			121,724
		424,368			424,368

8	Charitable a	ctivities
					2021	2020
					2	2
	Staff costs				268,951	282,128
	Counselling,	events,	courses and community	work	98,181	120,900
					367,132	403,028
	Grant funding	of activities (see note 9)			96,779	97,417
	Share of support costs (see note 10)				174,779	180,918
	Share of governance		costs (see note 10)		20,053	11,766
					658,743	693,129
	Analysis by	fund
	Unrestricted	funds			448,279	583,200
	Restricted funds				210,464	109,929
					658,743	693,129
9	Grants payable
					2021	2020
					2	2
	Grants to institutions:
	Umoja				11,658	10,179
	Missionary Maintenance Services					14,542
	Pioneer Trust				14,200	14,250
	Other grants	below 210,000			57,833	47,791
					83,691	86,762
	Grants to individuals				13,088	10,655
					96,779	97,417

Support costs	2021
			Support	Governance
			costs	cos'Is	Total 2021	Total 2020
			2		2	2
Staff costs			137,059		137,059	95,864
Depreciation			51,762		51,762	61,929
Counselling, events, courses and community		work	25,559		25,559	24,528
Building costs						18,277
Finance costs			18,965		18,965	22,116
Insurance costs			17,491		17,491	15,699
Resource costs			5,492		5,492	58,556
Other costs			4,461		4,461	5,673
Audit fees				4,680	4,680	4,380
Accountancy				5,880	5,880	5,880
Legal and professional				9,493	9,493	1,506
			260,789	20,053	280,842	314,408
Raising funds			86,010		86,010
Charitable activities			174,779	20,053	194,832
			260,789	20,053	280,842
Support costs	2020
			Support	Governance
			costs	COS'ts		Total 2020
			2	2		2
Staff costs			95,864			95,864
Depreciation			61,929			61,929
Counselling, events, courses and community		work	24,528			24,528
Building costs			18,277			18,277
Finance costs			22,116			22,116
Insurance costs			15,699			15,699
Resource costs			58,556			58,556
Other costs			5,673			5,673
Audit fees				4,380		4,380
Accountancy				5,880		5,880
Legal and professional				1,506		1,506
			302,642	11,766		314,408
~An I ~detw	gn
Raising funds			121,724			121,724
Charitable activities			180,918	11,766		192,684
			302,642	11,766		314,408

11	Other
							2021	2020
							2	2
	Net loss on	disposal	of tangible		fixed assets			3,916
12	Employees
	Number of	employees
	The average	monthly	number	of	employees	during the year was:

		2021	2020
		Number	Number
			36
Employment	costs	2021	2020
		2	2
Wages and salaries		495,085	520,199
Social security	costs	28,826	32,365
Other pension	and life insurance costs	15,450	15,247
		539,361	567,811

			Freehold
			land and	Plant and	Fixtures and
			buildings	equipment	fittings	Computers	Total
			2	6	2	2	2
Cost
At 1 September 2020			2,058,159	153,078	79,909	12,760	2,303,906
Additions				6,233		1,763	7,996
Disposals						(1,588)	(1,588)
At 31 August	2021		2,058,159	159,311	79,909	12,935	2,310,314
Depreciation	and impairment
At 1 September 2020			809,916	149,223	61,247	9,232	1,029,618
Depreciation			41,163	1,379	8,247	2,844	53,633
Eliminated in	respect ofdisposals					(1,588)	(1,588)
At 31 August	2021		851,079	150,602	69,494	10,488	1,081,663
Carrying amount
At 31 August	2021		1,207,080	8,709	10,415	2,447	1,228,651
At 31 August	2020		1,248,243	3,855	18,662	3,528	1,274,288
Fixed asset	investments	-see note 24
Investments	in subsidiaries					Group	Charity
						2	2
Cost
At 1 September 2020 &31		August 2021					1,000
Carrying amount
At 31 August	2021						1,000
At 31 August	2020						1,000

						Group		Charity
						2021	2020	2021	2020
Amounts	falling due	within		one year:		2	2	f	2
Amounts	owed by subsidiary			undertakings				122,709	20,000
Trade receivables						49,799	36,584	2,104	1,980
Other receivables						7,590	16,244	7,590	16,056
Prepayments and accrued income						13,591	6,380	3,458	3,504
						70,980	59,208	135,861	41,540
Current	liabilities
						Group		Charity
						2021	2020	2021	2020
					Notes	2	2	2
Bank loans					18	29,906	28,891	29,906	28,891
Other taxation and social security						16,870	13,475	11,462	11,415
Deferred	income					33,780	36,592
Trade payables						16,414	13,222	6,372	6,144
Other creditors							3,543
Amounts	due to subsidiary		undertakings						4,343
Accruals	and deferred	income				13,541	15,022	12,272	12,691
						110,511	110,745	60,012	63,484

Non-current liabilities
		Group		Charity
		2021	2020	2021	2020
	Notes	2	2	2	2
Other borrowings			50,000
Bankloans	18	541,679	573,160	541,679	573,160
		541,679	623,160	541,679	573,160

					Charity
			2021	2020	2021	2020
			2	2	2	9
Bank loans			571,585	602,051	571,585	602,051
Other borrowings				50,000
			571,585	652,051	571,585	602,051
Payable	within one year		29,906	28,891	29,906	28,891
Payable	after one	year	541,679	623,160	541,679	573,160
			571,585	652,051	571,585	602,051
Amounts	included	above which falls after five years:
Payable	by instalments		413,752	497,910	413,572	447,910

				Movement	Movement	in funds
			Balance at 1
			September	Incoming	Resources			Balance at 31
			2020	resources	expended		Transfers	August 2021
				2		2	2	2
Relief International:
Jeevan Asha			18,537	10,070		(8,045)		20,562
Kibera development			3,058	7,923		(15,355)	14,571	10,197
Kibera feeding	programme		6,267	7,894		(5,590)	(8,571)
Missionary maintenance
services			3,025	12,480		(6,006)		9,499
School oi ministry			13,403	29,025		(40,335)	8,557	10,650
Relief local:
Central hall fund			1,116	681				1,797
Hardship fund			8,613	1,045		(4,887)	(735)	4,036
Rest and recoup		fund	400,244		(105,377)		(10,008)	284,859
6014			82,180			(24,769)	(10,099)	47,312
Special Guardians			50	787		(100)		737
Minor restricted		funds	679	150				829
			537,172	70,055	(210,464)		(6,285)	390,478

			Movement	Movement	in funds
		Balance at 1
		September	Incoming	Resources			Balance at 31
		2019	resources	expended		Transfers	August 2020
		2	2		2	2	2
Relief International:
Jeevan Asha		15,436	11,101		(8,000)		18,537
Kibera development		3,372	16,469		(16,783)		3,058
Kibera feeding programme		5,262	5,389		(4,384)		6,267
Missionary maintenance
services		5,629	11,940	(14,544)			3,025
School of ministry		7,554	29,443	(23,594)			13,403
Relief local:
Central hall fund		1,415	1,162		(1,461)		1,116
Hardship fund		6,065	6,330		(3,782)		8,613
Rest and recoup Sof4	fund	430,452 114,207	3,750	(7,774) (28,322)		(22,434) (7,455)	400,244 82,180
Hope School					(762)	762
Special Guardians			50				50
Sholing baby bank		121	402		(523)
Minor restricted	funds		679				679
		589,513	86,715	(109,929)		(29,127)	537,172

Analysis of net assets between funds
		Unrestricted	Restricted
		funds	funds	Total
		2	2	2
Fund balances at 31 August 2021 are represented	by:
Property, plant and equipment		1,228,651		1,228,651
Current assets/(liabilities)		257,097	390,478	647,575
Long term liabilities		(541,679)		(541,679)
		944,069	390,478	1,334,547
		Unrestricted	Restricted
		funds	funds	Total
		2	6	2
Fund balances at 31 August 2020 are represented	by:
Property, plant and equipment		1,274,288		1,274,288
Current assets/(liabilities)		(8,431)	537,172	528,741
Long term liabilities		(623,160)		(623,160)
		642,697	537,172	1,179,869

Community Network. NCE ceased trading at 31 Mar	ch 2020.
	2021	2020
	2
Gross income		11,339
Expenditure		(10,539)
Surplus		800
Total assets
Total liabilities
Equity

			2021	2020
			6	6
Gross income			542,862	336,180
Expenditure			(271,576)	(338,213)
Surplus/(Deficit)			271,286	(2,033)
Distributions	to parent charity under	gift aid	(218,232)
Surplus after distributions			53,054	(2,033)
Total assets			177,843	73,185
Total liabilities			(173,208)	(121,604)
Equity			4,635	(48,419)