2020-08-31-accounts

							Page
Trustees' annual report		(incorporating		the	directors'	report)
Independent examiner's		report	to the	trustees
Statement offinancial	activities		(including		income and
expenditure account)							10
Balance sheet
Notes to the financial	statements

					2020		2019
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note		E	F
Income and endowments
Donations and legacies Charitable activities			5	198,764 106,830		198,764 106,830	439,374 102,144
Investment income			5	32		32	64
Total income				305,626		305,626	541,582
Expenditure Expenditure on charitable		activities	7	226,022	795	226,817	241,639
Total expenditure				226,022	795	226,817	241,639
Net income				79,604	(795)	78,809	299,943
Transfers between	funds		16	12,156	(12,156)
Net movement in	funds			91,760	(12,951)	78,809	299,943
Reconciliation of	funds
Total funds brought	forward			460,252	12,951	473,203	173,260
Total funds carried forward				552,012		552,012	473,203

				2020	2019
			Note		P
Fixed assets
Tangible fixed assets			12	275,000
Current assets
Debtors Cash at bank and in	hand		13	154,814 369,267	5,052 524,290
				524,081	529,342
Creditors: amounts	falling	due within one year	14	64,568	56,139
Net current, assets				459,513	473,203
Total assets less current		liabilities		734,513	473,203
Creditors: amounts	falling	due after more than one year	15	182,501
Net assets				552,012	473,203
Funds ofthe charity Restricted funds					12,951
Unrestricted funds				552,012	460,252
Total charity funds			17	552,012	473,203

5.	Investment	income
									Unrestricted			Total	Funds	Unrestricted	Total Funds
										Funds			2020	Funds			2019
	Bank interest receivable										32		32	64			64
7.	Expenditure	on charitable			activities			by	activity type
										Activities
									undertaken				Support	Total funds		Total	fund
										directly			costs	2020			2019
														f.			F
	Theological Governance	education costs								226,207			610	226,207 610		239,951 1,688
										226,207			610	226,817		241,639
8.	Net income
	Net income	is stated	after		charging/(crediting):
														2020		2019
	Depreciation	oftangible		fixed assets													275
9.	Independent	examination			fees
														2020
	Fees payable to the independent examiner for: Independent examination ofthe financial statements													610			1,691
10.	Staff costs
	The total staff costs		and	employee			benefits			for	the reporting		period are analysed as		follows:
														2020			2019
																	E
	Wages and	salaries												109,126		108,700
	Social security costs													11,460		11,478
	Employer contributions			to	pension		plans							5,829			4,429
														126,415		124,607
	The average head		count		of employees				during		the year was 3 (2019:3).The average					number of
	full-time equivalent		employees			dudng		the year			is analysed		as follows:
														2020			2019
														No.		No.
	Number of	staff												3			3

		Short
		leasehold	Fixtures and
		property	fittings	Total
Cost
At 1 September 2019 Additions		275,000	16,456	16,456 275,000
At 31August	2020	275,000	16,456	291,456
Depreciation
At 1September 2019and 31 August 2020			16,456	16,456
Carrying amount
At 31August	2020	275,000		276,000
At 31August	2019
Debtors
			2020	2019
Trade debtors Prepayments and accrued income Gift aid tax recoverable Advance lease payments Other debtors			Z 6,705 550 9,677 75,000 62,882	E 2,685 2,467
			154,814	5,052

	Creditors: amounts falling due within one year
	Trade creditors Accruals and deferred income Social security and other taxes Other loans 2020 637 31,044 2,887 30,000 64,568 2019 15,932 7,308 2,899 30,000 56,139 Creditors". amounts falling due after more than one year Deferred income —The Laing Charitable Trust 2020 182,501 2019
15.	Creditors". amounts falling due after more than one year Deferred income —The Laing Charitable Trust

15.	Creditors". amounts falling due after	more than one year
	Deferred income —The Laing Charitable	Trust

Analysis ofc	haritable	funds
Unrestricted	funds
		At				At
		1 September				31August 2
		2019	Income	Expenditure	Transfers	020
		E
General funds		460,252	305,626	(226,022)	12,156	552,012
		At				At
		1 September				31August 20
		2018	Income	Expenditure	Transfers	19
				F
General funds		160,309	541,582	(241,639)		460,252

Restricted funds
	At				At
	1 September 2019	income	Expenditure	Transfers	31August 2 020
Michael Marks Trust The Way Library Fund	700 11,456 795		(795)	(700) {11,456)
	12,951		(795)	{12,156)
	At				At
	1 September 2018	Income	Expenditure	Transfers	31August 20 19
		E
Michael Marks Trust The Way Library Fund	700 11,456 795				700 11,456 795
	12,951				12,951