Charity No. 1075784 Company No. 3719704
Romney Marsh Community Church
Annual Report & Financial Statements
For the Year Ending 31[st] December 2020
Romney Marsh Community Church
| Contents | |
|---|---|
| Page | |
| Charity Information | 1 |
| Trustees' Report | 2 - 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Accounts | 8 -16 |
Romney Marsh Community Church
Charity Information
| Charity Registration No.: | 1075784 |
|---|---|
| Company Registration No.: | 3719704 |
| Governing Document: | Memorandum and Articles of Association |
| Incorporated on the 25th February 1999 | |
| Trustees: | Paul Stephen King (Chairman) |
| Nicholas Peter Barratt | |
| Keren Elizabeth Morrell | |
| Bruce Godfrey Streather | |
| Correspondence Address: | Karen Elaine King |
| Romney Marsh Community Church | |
| The Centre | |
| North Street | |
| New Romney | |
| Kent | |
| TN28 8DW | |
| Legal Advisors: | Streathers Solicitors LLP |
| 44 Baker Street | |
| London | |
| W1U 7AL | |
| Independent Examiner: | Peter Saltiel |
| Church & Charity Accounts Service | |
| Planchadeau | |
| 23460 Saint-Pierre-Bellevue | |
| France | |
| formerly, 69 Portland Place | |
| Greenhithe, Kent, DA9 9FE | |
| Bankers: | Lloyds TSB |
| 43 Sandgate Road | |
| Folkestone | |
| Kent | |
| CT20 1RZ |
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Romney Marsh Community Church
Trustees’ Annual Report For 2020
Company Limited by Guarantee
Registered in England No 3719704 Charity Number 1075784 Registered Address The Centre, 8 North Street, New Romney, Kent, TN28 8DW Trust Deed dated 31/01/99 Elders/Members Nicholas Peter Barratt - Pastor Paul Stephen King Trustees Paul Stephen King Nicholas Peter Barratt Keren Elizabeth Morrell Bruce Godfrey Streather Company Secretary Paul Stephen King
Objects
The objects of the charity are:
-
1) To promote the knowledge and practice of the Christian Faith and in particular but not so as to limit the generality of the foregoing:-
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a. to encourage people to worship and glorify God and become disciples of Jesus Christ.
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b. To advance the Christian Faith by promotion of evangelism and social mission.
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2) To carry on such other charitable activities as the charity may determine.
Management
The Elders manage the spiritual life of the church and work closely with the apostolic team from Salt & Light Ministries. The Trustees hold the legal responsibility for the company/charity and are responsible to the Members. The staff and volunteers are responsible to their Head of Department, who in turn are responsible to the Elders.
Finance
The Charity is totally self-supporting, giving 12% of its income away to various good causes. The Gift Aid Declaration Scheme and GADAS still provide a successful additional income at no extra cost to our members.
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Romney Marsh Community Church
Reserves Policy
It is a requirement of the Charites Act that the trustees consider the financial requirements of the Charity on an ongoing basis and formulate a policy which seeks to determine the level of reserves required to be held at any one time to enable the Charity to carry out its charitable activities.
The Charity is founded on biblical principles, one of which is that all things come from God, and He will provide for our every need (Luke 12:22-31). On this basis, whilst the trustees understand the importance of good practice and stewardship in all matters relating to the Charity, they do not believe it is appropriate to make specific financial provision for future liabilities.
Activities
Due to the restrictions imposed by the government to limit social contact in order to reduce the spread of the Corona virus (Covid19) global pandemic access to The Centre has been severely restricted this year from March onward.
Although a difficult time for all, in that most of the activities have not continued as normal, it has been an opportunity to investigate and undertake new ways to be church. Showing Christs love in the local community, by looking after neighbours, doing shopping, phone calls, giving small gifts, helping in practical ways. We may not be able to meet as before, but Jesus has not isolated. There are still lots of ways to spread his word, be it in a more individual way. It is a challenge for all believers to seek out how to continue Jesus’ commission.
The regular Sunday worship services are now streamed on line making them open to people of all faiths or no faith, of any age, nationality, culture or gender, and give a public benefit to all who choose to view and engage; all are welcomed and valued equally. The basis of our teaching and moral and ethical guidance is in line with the scriptures and teaching of Jesus Christ as contained in the Bible.
Some Discipleship groups and youth groups have continued to meet for fellowship, worship, study and ministry midweek via zoom.
An adult Alpha course was run via zoom which although very different was enjoyed by those taking part.
The Food Bank was the only activity to be allowed to continue in person. Risk assessments were undertaken and processes put in place to keep the staff, volunteers and clients safe in accordance with government guidelines, including wearing PPE, social distancing, and changes to the administrative processes.
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Romney Marsh Community Church
Employees
Nicholas Barratt continues as Pastor of the Church for 20 hours per week.
A Church Receptionist/Caretaker for 10 hours per week.
A Community Liaison Officer for 13 hours per week to deal with finance and funding issues.
A Children’s Worker for 5 hours per week.
A Senior Youth Worker for 8 hours per week.
A Community Support worker for 10 hours per week
Other Work
The charity has two people who are registered with Kent County Council to officiate at wedding ceremonies. Due to Covid 19 no weddings took place during the year.
The ongoing development of the Centre has been put on hold until the pandemic is under control.
Facilities rented out:
Unit 3 in The Centre is occupied by Al’s Gym, but as this has been closed under government restrictions a decision was made by the Trustees to reduce the rent until such time as it is able to reopen.
The Marsh Academy, excluded pupils project has run in unit 5 at various points in the year when the government restrictions have allowed. As the academy still receives state funding for each pupil a decision was made to reduce the rent to 50% for part of the year when they were not able to attend.
Reflective Care Ltd uses an office at the front of the first floor in The Centre.
RMCC are in membership with the Baptist Union of Great Britain and our link with Salt & Light Ministries continues, giving us additional pastoral care for our leaders, and apostolic input.
Paul Stephen King
On behalf of the Trustees of Romney Marsh Community Church
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Romney Marsh Community Church
Independent Examiner’s Report to the Trustees, Directors and members of the Romney Marsh Community Church
Charity No: 1075784 Company No: 3719704
I report on the accounts of the Trust for the year ended 31st December 2020 which are set out on pages 6 to 16.
Responsibilities and basis of report
As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:
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accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
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the accounts do not accord with such records; or
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the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
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•the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Peter Saltiel Church & Charity Accounts Service Planchadeau 23460 Saint-Pierre-Bellevue France formerly, 69 Portland Place Greenhithe, Kent, DA9 9FE
Dated 22 September 2021
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Romney Marsh Community Church
Statement of Financial Activities for the Year Ended 31st December 2020 (including income & expenditure account)
| Income from: Donations and legacies Charitable activities Sundry Income Investments Total Expenditure on: Charitable expenditure Total Excess of income over expenditure Fund transfers Total Funds brought forward Total funds carried forward |
Unrestricted Restricted Total Notes Fund Fund 2020 £ £ £ 3 3a 67,754 890 68,644 3b 53 922 975 3c 1,757 1,010 2,767 3d 7,909 - 7,909 77,473 2,822 80,295 4 4 78,819 1,672 80,491 78,819 1,672 80,491 (1,346) 1,150 (196) - - - 7 377,878 1,719 379,597 7 376,532 2,869 379,401 |
Total 2019 £ 113,051 2,408 5,365 11,561 |
Total 2019 |
|---|---|---|---|
| 132,385 | |||
| 79,773 | |||
| 79,773 | |||
| 52,612 - 326,985 |
|||
| 379,597 |
This Statement of Financial Activities includes all gains and losses recognised in the year. All of the above results are derived from continuing activities.
The notes on pages 8 to 16 form part of these financial statements.
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Romney Marsh Community Church
Balance Sheet at 31st December 2020
| Notes FIXED ASSETS The Centre 5 Office furniture CURRENT ASSETS Current account & petty cash 105,432 Treasurers account - The Flame/club.com 43 Junior Youth Club 1,156 SenSes COIF deposit account 7,083 113,714 Debtors & prepayments 10,280 Net current assets Total assets LIABILITIES Creditors: 6 2,698 Amounts falling due within one year 6 350 Total assets less current liabilities Net Assets 1 FUNDS General Fund Restricted Fund 7 Designated Fund Junior Youth Club 9 |
Notes FIXED ASSETS The Centre 5 Office furniture CURRENT ASSETS Current account & petty cash 105,432 Treasurers account - The Flame/club.com 43 Junior Youth Club 1,156 SenSes COIF deposit account 7,083 113,714 Debtors & prepayments 10,280 Net current assets Total assets LIABILITIES Creditors: 6 2,698 Amounts falling due within one year 6 350 Total assets less current liabilities Net Assets 1 FUNDS General Fund Restricted Fund 7 Designated Fund Junior Youth Club 9 |
2020 £ 258,455 - 123,994 382,449 3,048 379,401 362,051 2,869 13,325 1,156 379,401 |
65,510 43 1,221 41,994 |
2019 £ 258,455 - 124,744 |
2019 |
|---|---|---|---|---|---|
| 113,714 10,280 |
108,768 15,976 |
||||
| 2,698 350 |
3,252 350 |
||||
| 383,199 3,602 |
|||||
| 1 | |||||
| 379,597 | |||||
| 355,970 1,719 20,687 1,221 |
|||||
| 379,597 |
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
These financial statements were approved by the members of the Board on 21 September 2021
and are signed on their behalf by Paul Stephen King :
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Romney Marsh Community Church
Notes to the Accounts
1. Basis of Preparation
Basis of Accounting
These financial statements are prepared under the historical cost convention and in accordance with:
-
The Charities Act 2011
-
The Companies Act 2006
-
The Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS102)
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• Accounting & Reporting by Charities: Statement of Recommended Practice (Charities SORP FRS102) (effective January 2015)
The accounts present a true and fair view and no changes in the basis of accounting have been made during the year. There have also been no changes to the previous accounts during the financial year.
Going Concern
The trustees are of a view that there are sufficient reserves to secure the immediate future of the Trust for the next 12 to 18 months and on that basis the charity is a going concern.
Cash Flow Exemption
The charitable company has not produced a Statement of Cash Flows, as the charity is within the small company and charity thresholds.
2. Accounting Policies
Fund Accounting
Unrestricted funds are donations and other income received or generated for the objects of the charity without further specified purpose and are available as general funds.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes and include the tithe of its general income.
Restricted funds are to be used for the specific purposes as laid down by the donor. Expenditure which meets these criteria is identified to the fund.
Income
Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when received.
Expenditure
Restricted and designated fund expenditure is made on a regular basis. Other expenditure is included on an accruals basis when incurred. Governance costs are those related to the running of the Charity, including the Independent Examination and other statutory costs.
Judgements and Estimations
The trustees have not made any significant judgements in the process of applying the accounting policies and there are no areas of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities.
Net current Assets
Current assets are cash at bank with immediate access and debtors. The fixed assets refer to the Charity’s building, The Centre in New Romney, Kent. Current liabilities are obligations to pay for services within one year.
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Romney Marsh Community Church
Notes to the Accounts (cont’d)
3. Income from
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Notes | Fund | Fund | 2020 | 2019 | |
| £ | £ | £ | £ | ||
| Donations and legacies | 3a | ||||
| General offerings & gifts | 55,592 | - | 55,592 | 79,881 | |
| Missions | 3a1 | 3,407 | 890 | 4,297 | 15,775 |
| Income tax recovered | 8,755 | - | 8,755 | 17,395 | |
| 67,754 | 890 | 68,644 | 113,051 | ||
| Missions | 3a1 | ||||
| Missions allocation % | |||||
| Anugrah Sponsorship of Children | - | 300 | 300 | 284 | |
| C & D Richards | - | - | - | 2,061 | |
| Marsh Christian Schools worker | - | - | - | 1,070 | |
| Missions - S Paul | - | 120 | 120 | 1,150 | |
| Salt & Light | - | 120 | 120 | 3,211 | |
| Send a Saint | - | - | - | 1,030 | |
| Tear Fund | - | - | - | 2,417 | |
| Tear Fund - Toilet Twinning | 745 | - | 745 | 500 | |
| Pastoral Emergency Fund | - | - | - | 2,307 | |
| Pastoral Emergency Fund - | Pastoral Need | 2,617 | - | 2,617 | 200 |
| Other Missions | 45 | 350 | 350 | 696 | |
| 3,407 | 890 | 4,252 | 14,926 | ||
| Charitable activities | |||||
| Mustard Seed | 3b | ||||
| CAP | - | 30 | 30 | 1,126 | |
| Magnox youth equipment | - | 892 | 892 | - | |
| Riide & Stride | - | - | - | 125 | |
| Rememberance Day book sales | - | - | - | 140 | |
| Activity inc | 53 | - | 53 | 324 | |
| 53 | 922 | 975 | 1,715 | ||
| Romney Enterprise Centre | |||||
| Fundraising/socials & sales | - | - | - | - | |
| - | - | - | - | ||
| Junior Youth Club | 9 | - | - | - | 693 |
| - | - | - | 693 | ||
| Total charitable activities | 53 | 922 | 975 | 2,408 | |
| Sundry Income | 3c | ||||
| Baptist Union Trust Fund | 10 | - | - | - | - |
| Church events | 1,507 | - | 1,507 | 4,324 | |
| Refreshments | 44 | - | 44 | 565 | |
| Bookswap profits | 81 | - | 81 | 277 | |
| Food bank | - | 1,010 | 1,010 | 150 | |
| Miscellaneous | 125 | - | 125 | 49 | |
| 1,757 | 1,010 | 2,767 | 5,365 |
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Romney Marsh Community Church
Notes to the Accounts (cont’d)
3. Income from (cont’d)
| 4. Expenditure on Investments 3d Bank interest Rental income Total income Direct Charitable Expenditure Missions donations Total donations Ministry Alpha materials Youth work Mustard Seed Food Bank Junior Youth Club Pastoral Worship Outreach Refreshments Church events Training Support costs Missions Anugrah Sponsorship of Children C&D Richards CAP Other Missions Sunil Paul Salt and Light Send & Saint Tear Fund Translocal Tear Fund - Toilet Twinning Marsh School Worker Pastoral Emergency Fund |
Unrestricted Restricted Total Total Notes Fund Fund 2020 2019 £ £ £ £ 298 - 298 349 7,611 - 7,611 11,212 7,909 - 7,909 11,561 77,473 2,822 80,295 132,385 Unrestricted Restricted Total Total Notes Fund Fund 2020 2019 £ £ £ £ 4a 19,621 290 19,911 13,108 19,621 290 19,911 13,108 393 - 393 833 - - - 44 273 - 273 1,137 4b 212 422 634 963 - 960 960 90 9 65 - 65 1,306 - - - - 1,257 - 1,257 1,609 7 - 7 319 227 - 227 1,542 782 - 782 427 25 - 25 285 4c 55,957 - 55,957 58,110 78,819 1,672 80,491 79,773 4a - - - - 1,807 - 1,807 1,764 904 70 974 957 445 - 445 1,909 904 110 1,014 992 2,711 110 2,821 2,756 2,600 - 2,600 - 904 - 904 2,269 - - - 64 840 - 840 300 1,875 - 1,875 200 6,631 - 6,631 1,897 19,621 290 19,911 13,108 |
|---|---|
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Romney Marsh Community Church
Notes to the Accounts (cont’d)
4. Expenditure on (cont’d)
| 5. Fixed Assets Unrestricted Restricted Total Notes Fund Fund 2020 £ £ £ Mustard Seed 4b Lydd House - - - Magnox youth equipment - 421 421 Marsh Youth Grant 20 - 20 Members Fund - - - Police Property Fund - 1 1 SenSes Activities - - - SenSes Misc - - - Rembrance Day Book - - - Ride & Stride - - - Tuck Shop 192 - 192 Salaries & NI - - - Sundry Expenses - - - 212 422 634 Support costs 4c Wages & NIC 40,391 - 40,391 Premises general maintenance 779 - 779 Premises North Street Maintenance & expen 9 - 9 Romney Enterprise Centre Building - - - Maintenance & expenses 6,737 - 6,737 Office Staffing Costs - other 1,145 1,145 Postage, stationery & telephone 1,540 - 1,540 Photocopier 419 - 419 Computer Costs 1,971 - 1,971 Publicity - - - Regional Development Team - - - Subscriptions 893 - 893 Accountancy 1,200 - 1,200 Travel - - - Chapel Sale - - - Bank Charges & Interest 294 - 294 Miscellaneous expenses 579 - 579 55,957 - 55,957 Total expenditure 78,819 1,672 80,491 Unrestricted Restricted Total Fund Fund 2020 £ £ £ Romney Enterprise Centre at 1st January 258,455 - 258,455 Additions - - - at 31st December 258,455 - 258,455 |
Total 2019 £ - - 99 - 28 51 43 187 8 547 - - |
|---|---|
| 963 |
|
| 35,665 6,330 3,680 - 6,603 981 1,642 (43) 1,131 135 - 969 1,163 44 - 426 (616) |
|
| 58,110 | |
| 79,773 | |
| Total 2019 £ 256,956 1,499 |
|
| 258,455 |
5. Fixed Assets
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Romney Marsh Community Church
Notes to the Accounts (cont’d)
5. Fixed Assets (cont’d)
The (Romney Enterprise) Centre was purchased by the Church for the furtherance of its aims and objectives during the year 2000. The purchase was partly funded by a release of trust funds from the Baptist Union Corporation and partly by way of a loan from Lloyds Bank Plc secured against the property by way of a mortgage. The loan was due to be repaid over a 20 year period.
During 2003 an additional mortgage was taken out secured against The Centre to provide funds for capital works required for furtherance of the aims of the charity. Part of this work was also funded by way of a grant awarded to the charity during 2001 from The New Romney Institute.
The trustees decided that as extensive structural improvements have been carried out at The Centre, and that these improvements greatly enhanced the value of the property, the costs associated with these improvements should be capitalised to reflect this. Further works were carried out during 2004 and again these costs were capitalised.
In late 2006 some damage was sustained to The Centre by a third party, which was then subject to an insurance claim. Remedial works were carried out during the latter part of 2008 and during 2009 and it was decided to combine some improvement work in with the repairs. To this end the charity borrowed an additional sum from Lloyds TSB Bank secured against The Centre and the amount of these improvements have been capitalised in the accounts.
The Church is the beneficial owner (subject to the relevant trusts) of the following assets the legal title to which is held by the Church's custodian trustee The Baptist Union Corporation Ltd.
The Chapel value was revised in 2019 due to the fact that it was subject to a contract of sale and having been placed on the open market and independently valued the Trustees had accepted an offer of £140,000 for the sale. This sale completed in January 2020 and the resultant funds are held in trust by the BU Corporation on behalf of the church.
A full breakdown of the trust fund movement is shown in Note 10.
| Shown at higher of insured or market value: Church premises (Chapel) - North Street BU Corp Trust Fund re Chapel Sale |
Total Total 2020 2019 £ £ 137,404 140,000 |
Total 2019 |
|---|---|---|
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Romney Marsh Community Church
Notes to the Accounts (cont’d)
5. Fixed Assets (cont’d)
| 6. Creditors - Amounts Falling Due Within One Year 7. Fund Breakdown Unrestricted Restricted Total Fund Fund 2020 £ £ £ Office Furniture Desks, Chairs, Cupboards & Computers Cost Value at 1st January 13,625 - 13,625 Additions - - - at 31st December 13,625 - 13,625 Depreciation at 1st January 13,625 - 13,625 Additions - - - at 31st December 13,625 - 13,625 Net Book Value at 1st January - - - Additions - - - at 31st December - - - Unrestricted Restricted Total Fund Fund 2020 £ £ £ Accruals 2,698 - 2,698 Deposits Received 350 - 350 3,048 - 3,048 1st Jan Income Expenditure Transfers £ £ £ £ General Fund 357,191 63,215 (57,200) - Designated Fund 20,687 14,258 (21,619) - Restricted Fund 1,719 2,822 (1,672) - 379,597 80,295 (80,491) - Restricted Fund Breakdown: 1st Jan Income Expenditure Transfers £ £ £ £ Missions (693) 890 (1,250) - Mustard Seed 2,231 922 (422) - Other 181 1,010 - - 1,719 2,822 (1,672) - |
Total 2019 £ 13,625 - |
|---|---|
| 13,625 | |
| 12,362 - |
|
| 13,625 | |
| - - - |
|
| Total 2019 £ 3,252 350 |
|
| 3,602 | |
| 31st Dec £ 363,207 13,325 2,869 |
|
| 379,401 | |
| 31st Dec £ (1,053) 2,731 1,191 |
|
| 2,869 |
6. Creditors - Amounts Falling Due Within One Year
7. Fund Breakdown
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Romney Marsh Community Church
Notes to the Accounts (cont’d)
7. Fund Breakdown (cont’d)
| taff costs and remuneration to Trustees Represented by: Cash: Funds held in - Missions Account COIF Account General Fund Account Net Prepayments Salaries Employer's National Insurance Employer's Pension Contributions |
2020 £ 2719 150 - 2,869 - 2,869 2020 £ 40,391 - 1,145 41,536 |
2019 £ 1,499 220 - |
|---|---|---|
| 1,719 - 1,719 |
||
| 2019 £ 35,665 - 871 |
||
| 36,536 |
8. Staff costs and remuneration to Trustees
No employee was paid more than £60,000 and the Trustees received no remuneration during the year.
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Romney Marsh Community Church
9. Junior Youth Club
Junior Youth Club
Accounts to 31/12/20 for Friday Club
Cash book summary from 2019
| Cash book summary from 2019 | |
|---|---|
| Total Receipts Total Payments Closing Balance |
£2,526.91 £1,306.06 |
| £1,220.85 |
| Receipts | ||
|---|---|---|
| Opening Bank Balance 01/01/2020 | £1,106.14 | |
| Opening Cash Float | £114.71 | |
| Subs | £ | - |
| Tuck Sold | £ | - |
| Donation | £ | - |
| Bank Interest | £ | - |
Total Receipts
£1,220.85
Payments
| Payments | ||
|---|---|---|
| Tuck Bought | £ | - |
| Equipment purchased & Craft | £ | - |
| Postage & stationary | £ | - |
| Donation to RMCC | £64.71 | |
| Party prizes & food | £ | - |
| Closing Balance | £1,156.14 | |
| Total Payments | £1,220.85 |
Closing Balances at 31/12/2020
| Bank Cash Total |
£1,106.14 £50.00 |
|---|---|
| £1,156.14 |
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Romney Marsh Community Church
Notes to the Accounts (cont’d)
10. Trust Fund
Details of the Trust Fund held on behalf of the Church by Baptist Union Corporation
| Date Item Details Jan-20 Proceeds of Sale of The Chapel, North Street New Romney, Kent Jan-20 Agents fees deducted from proceeds 3,000.00 -£ Balance credited to Trust Fund Jun-20 Interest added to fund 265.76 £ Dec-20 Interest added to fund 138.00 £ Trust Fund Balance as at 31-12-20 Trust Fund released as Income credited to RMCC General Fund Allocated by way of:- Expenses charged to RMCC General Fund Increase in Assets in RMCC Balance Sheet Reduction of Liabilities in RMCC Balance Sheet |
140,000.00 £ 3,000.00 -£ 137,000.00 £ 403.76 £ 137,403.76 £ - £ |
|---|---|
| - £ - £ - £ |
|
| - £ |
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