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|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|||||||
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||||||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|
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|||||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|
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|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|
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|||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|
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||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|
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|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|
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|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|
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