| Page | ||||
|---|---|---|---|---|
| Report ofthe | Trustees | 1 to | 4 | |
| Independent | Examiner's | Report | 5 to | 6 |
| Statement of | Financial Activities | |||
| Balance Sheet | 8 to | 9 | ||
| Notes to the Financial Statements | 10 to | 18 |
| 31.3.21 | 31.3.20 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | E | E | 6 | 6 | |||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
2 | 156,491 | 40,791 | 197,282 | 197,695 | ||
| Investment income |
3 | 14,278 | 14,278 | 13,950 | |||
| Other income | 114,515 | 114,515 | |||||
| Total | 285,284 | 40,791 | 326,075 | 211,645 | |||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Charitable activities |
169,763 | 53p989 | 223,752 | 204,042 | |||
| Management and admisistration |
5,216 | 5,216 | 6,077 | ||||
| Total | 174,979 | 53,989 | 228,968 | 210,119 | |||
| NET INCOME/(EXPENDITURE) | 110,305 | (13,198) | 97,107 | 1,526 | |||
| Transfers between | funds | 12 | (5,074) | 5,074 | |||
| Net movement in funds |
105,231 | (8,124) | 97,107 | 1,526 | |||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought | forward | 224,334 | 24,002 | 248,336 | 246,810 | ||
| TOTAL FUNDS CARRIED FORWARD | 329,565 | 15,878 | 345,443 | 248,336 |
| 31.3.21 | 31.3.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | f | f | f | f | |
| FIXED ASSETS | |||||
| Tangible assets | 8 | 163,247 | 94 | 163,341 | 198,304 |
| CURRENT ASSETS | |||||
| Debtors | 9 | 12,236 | 12,236 | 30,158 | |
| Cash at bank and in hand | 205,709 | 15,784 | 221,493 | 73,465 | |
| 217,945 | 15,784 | 233,729 | 103,623 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
10 | (51,627) | (51,627) | (53,591) | |
| NET CURRENT ASSETS | 166,318 | 15,784 | 182,102 | 50,032 | |
| TOTAL ASSETS LESSCURRENT LIABILITIES | 329,565 | 15,878 | 345,443 | 248,336 | |
| NET ASSETS | 329,565 | 15,878 | 345,443 | 248,336 | |
| FUNDS | 12 | ||||
| Unrestricted funds |
329,565 | 224,334 | |||
| Restricted funds | 15,878 | 24,002 | |||
| TOTALFUNDS | 345,443 | 248,336 |
| Unrestricted | Restricted | Total Funds | Total Funds | ||
|---|---|---|---|---|---|
| Donations | Funds | Funds | 31.3.21 | 31.3.20 | |
| f | f | f | f | ||
| Tithes - Gift Aid | 117,327 | 117,327 | 111,328 | ||
| Tithes —Non-Gift Aid |
17,953 | 17,953 | 26,683 | ||
| Walsall Money | Advice Project | 31,939 | 31,939 | 32,982 | |
| Cpa(pool/Kidz | Klub | 585 | 585 | 2,459 | |
| Overseas fund | 2,772 | 2,772 | 925 | ||
| Big Feed | 2,204 | 2,204 | 2,280 | ||
| Big Lottery | 10,000 | ||||
| Others | 20,621 | 3,876 | 24,497 | 9,650 | |
| Christian Union |
1,360 | ||||
| Bank interest | 28 | ||||
| 156,489 | 40,791 | 197,280 | 197,695 | ||
| INVESTMENT INCOME | |||||
| 31.3.21 | 31.3.20 | ||||
| f | f | ||||
| Rents received | 14,278 | 13,950 | |||
| NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) is stated after charging/(crediting): |
|||||
| 31.3.21 | 31.3.20 | ||||
| f | f | ||||
| Depreciation —owned assets |
1,282 | 3,441 | |||
| Surplus on disposal offixed assets |
(114,515) | ||||
| Independent Examiners fee |
3,240 | 3,240 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| The | following trustees | received remuneration | as follows | E | E |
| Mr | S M Kirk | 25,920 | 25,920 | ||
| Mr | T N Summersby | 19000 | 19000 | ||
| 44 920 | 44920 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| E | f | ||||
| Wages and salaries | (including Trustees) | 109,081 | 105,607 | ||
| Socialsecurity | 7,092 | 7,862 | |||
| Pensions | 3,806 | 3,802 | |||
| 119,979 | 117,271 | ||||
| The average monthly | number ofemployees | during the year was | |||
| as follows: | |||||
| Project staff | |||||
| Administration | staff | ||||
| Management | staff |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| fund | funds | funds | ||
| E | E | E | ||
| INCOME AND ENDOWMENTS | FROM | |||
| Donations and legacies |
150,148 | 47,547 | 197,695 | |
| Investment income |
13,950 | 13,950 | ||
| Total | 164,098 | 47,547 | 211,645 | |
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| Charitable activities |
159,370 | 44,672 | 204,042 | |
| Management and admisistration |
6,077 | 6,077 | ||
| Total | 165,447 | 44,672 | 210,119 | |
| NET INCOME/(EXPENDITURE) | (1,349) | 2,875 | 1,526 | |
| Transfers between funds |
(4,913) | 4,913 | ||
| Net movement in funds |
(6,262) | 7,788 | 1,526 | |
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward | 230,596 | 16,214 | 246,810 | |
| TOTAL FUNDS CARRIED FORWARD | 224,334 | 24,002 | 248,336 |
| TANGIBLE FIXEDASS | ETS | ||||
|---|---|---|---|---|---|
| Fixtures | |||||
| Freehold | Short | and | Motor | ||
| prope~ f |
leasehold E |
fittings f |
vehicles f |
Totals f |
|
| COST | |||||
| At 1April 2020 | 75,960 | 156,665 | 38,102 | 11,063 | 281,790 |
| Disposals | (75,960) | (75,960 ) | |||
| At31March 2021 | 156,665 | 38,102 | 11,063 | 205,830 | |
| DEPRECIATION | |||||
| At 1April 2020 | 42,279 | 31,022 | 10,185 | 83,486 | |
| Charge for year | 1,062 | 220 | 1,282 | ||
| Eliminated on disposal |
(42,279) | (42,279) | |||
| At 31March 2021 | 32,084 | 10,405 | 42,489 | ||
| NET BOOK VALUE | |||||
| At 31March 2021 | 156,665 | 6,018 | 658 | 163,341 | |
| At 31March 2020 | 33,681 | 156,665 | 7,080 | 878 | 198,304 |
| DEBTORS:AMOUNTS | FALLING DUE WITHIN | ONE YEAR | |||
| 31.3.21 | 31.3.20 | ||||
| f | f | ||||
| Income tax receivable | 12,236 | 22,104 | |||
| Other debtors | 8,054 | ||||
| 12,236 | 30,158 |
| 10. | CREDITORS: | AM | OUNTS F |
ALLING DUE WIT | HIN ONE YEAR | |||
|---|---|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||||||
| f | f | |||||||
| Bank loans and | overdrafts | (see note 11) | 37,351 | 44,851 | ||||
| Accrued expenses | 14,276 | 8,740 | ||||||
| 51,627 | 53,591 | |||||||
| 11. | LOANS | |||||||
| An analysis ofthe maturity | of loans is given | below: | ||||||
| 31.3.21 | 31.3.20 | |||||||
| f | f | |||||||
| Amounts falling |
due within | one year on demand: | ||||||
| Otherloans | 37,351 | 44,851 | ||||||
| 12. | MOVEMENT | IN | FUNDS | |||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.4.20 | in funds | funds | 31.3.21 | |||||
| f | f | f | E | |||||
| Unrestricted | funds | |||||||
| General fund | 224,334 | 110,305 | (5,074) | 329,565 | ||||
| Restricted funds | ||||||||
| Walsall Money Advice Project | 9,165 | (1,660 ) | 7,505 | |||||
| Big Feed | 512 | 1,494 | 2,006 | |||||
| Extemporary | Fund | 8,774 | (8,032) | 5,074 | 5,816 | |||
| School Christian | Union | 551 | 551 | |||||
| Message | 5,000 | (5,000) | ||||||
| 24,002 | (13,198) | 5,074 | 15,878 | |||||
| TOTAL FUNDS | 248,336 | 97,107 | 345,443 |
| Incoming | Resources | Movement | ||||||
|---|---|---|---|---|---|---|---|---|
| resources f |
expended f |
in funds f |
||||||
| Unrestricted | funds | |||||||
| General fund | 285,284 | (174,979) | 110,305 | |||||
| Restricted funds | ||||||||
| Walsall Money | Advice Project | 31,940 | (33,600) | (1,660) | ||||
| Big Feed | 2,203 | (709) | 1,494 | |||||
| Extemporary | Fund | 6,648 | (14,680) | (8,032) | ||||
| Message | (5,000) | (5,000) | ||||||
| 40,791 | (53,989) | (13,198) | ||||||
| TOTALFUNDS | 326,075 | (228,968) | 97,107 | |||||
| Comparatives | for movement | in funds | ||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.4.19 | in funds | funds | 31.3.20 | |||||
| f | f | f | f | |||||
| Unrestricted | funds | |||||||
| General fund | 230,596 | (1,349) | (4,913) | 224,334 | ||||
| Restricted funds | ||||||||
| Walsall Money | Advice Project | 5,962 | 3,203 | 9,165 | ||||
| Big Feed | 682 | (170) | 512 | |||||
| Extemporary | Fund | 9,570 | (5,709) | 4,913 | 8,774 | |||
| School Christian | Union | 551 | 551 | |||||
| Message | 5,000 | 5,000 | ||||||
| 16,214 | 2,875 | 4,913 | 24,002 | |||||
| TOTAL FUNDS | 246,810 | 1,526 | 248,336 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| f | f | f | |||
| Unrestricted | funds | ||||
| General fund | 164,098 | (165,447) | (1,349) | ||
| Restricted funds | |||||
| Walsall Money Advice Project | 32,983 | (29,780) | 3,203 | ||
| Missions | 925 | (925) | |||
| Big Feed | 2,280 | (2,450) | (170) | ||
| Extemporary | Fund | (5,709) | (5,709) | ||
| School Christian | Union | 1,359 | (808) | 551 | |
| Message | 10,000 | (5,000) | 5,000 | ||
| 47,547 | (44,672 ) | 2,875 | |||
| TOTAL FUNDS | 211,645 | (210,119) | 1,526 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1.4.19 | in funds | funds | 31.3.21 | |||
| f | f | f | f | |||
| Unrestricted | funds | |||||
| Generalfund | 230,596 | 108,956 | (9,987) | 329,565 | ||
| Restricted funds | ||||||
| Walsall Money Advice Project | 5,962 | 1,543 | 7,505 | |||
| Big Feed | 682 | 1,324 | 2,006 | |||
| Extemporary | Fund | 9,570 | (13,741) | 9,987 | 5,816 | |
| School Christian | Union | 551 | 551 | |||
| 16,214 | (10,323 ) | 9,987 | 15,878 | |||
| TOTAL FUNDS | 246,810 | 98,633 | 345,443 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| f | 6 | E | |||
| Unrestricted | funds | ||||
| General fund | 449,382 | (340,426) | 108,956 | ||
| Restricted funds | |||||
| Walsall Money Advice Project | 64,923 | (63,380) | 1,543 | ||
| Missions | 925 | (925) | |||
| Big Feed | 4,483 | (3,159) | 1,324 | ||
| Extemporary | Fund | 6,648 | (20,389) | (13,741) | |
| School Christian | Union | 1,359 | (808) | 551 | |
| Message | 10,000 | (10,000 ) | |||
| 88,338 | (98,661) | (10,323) | |||
| TOTALFUNDS | 537,720 | (439,087) | 98,633 |