2021-08-31-accounts

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

				2021	2021	2020
				Unrestricted
				funds	Total funds	Total funds
			Note
Income and endowments
Donations and legacies				65,246	65,246	198,764
Charitable activities				89,415	89,415	106,830
Investment income				3	3	32
Total income				154,664	154,664	305,626
Expenditure
Expenditure on charitable		activities	7	218,704	218,704	226,817
Total expenditure				218,704	218,704	226,817
Net (expenditure)/income		and net movement	in funds	(64,040)	(64,040)	78,809
Reconciliation offunds
Total funds brought	forward			552,012	552,012	473,203
Total funds carried	forward			487,972	487,972	552,012

			2021	2020
		Note
Fixed assets
Tangible fixed assets		12	275,461	275,000
Current assets
Debtors		13	88,844	154,814
Cash at bank and in	hand		367,344	369,267
			456,188	524,081
Creditors: amounts	falling due within one year	14	66,245	64,568
Net current assets			389,943	459,513
Total assets less current liabilities			665,404	734,513
Creditors: amounts	falling due after more than one year	15	177,432	182,501
Net assets			487,972	552,012
Funds ofthe charity
Unrestricted funds			487,972	552,012
Total charity funds		17	487,972	552,012

guarantee Donations	is limited to E1 per and legacies	member ofthe Charity.		,
		Unrestricted	Total	Funds	Unrestricted	Total Funds
		Funds		2021	Funds	2020
		E
Donations
Donations	received	65,139		65,139	198,683	198,683
Royalties		107		107	81	81
		65,246		65,246	198,764	198,764

Ye	ar ended 31	August 2	August 2	02	1
6.	Investment	income
								Unrestricted Total	Funds	Unrestricted	Total Funds
								Funds	2021	Funds	2020
								F		E
	Bank interest		receivable					3	3	32	32
7.	Expenditure		on charitable		activities		by activity type
								Activities
								undertaken	Support	Total funds	Total funds
								directly	costs	2021	2020
								E			E
	Direct theological education							46,756		46,756	68,903
	Support staff							125,060		125,060	126,415
	Property and		administration					46,274		46,274	30,889
	Governance		costs						614	614	610
								218,090	614	218,704	226,817
8.	Net (expenditure)/income
	Net (expenditure)/income			is	stated after			charging/(crediting):
										2021	2020
											E
	Depreciation		oftangible fixed assets							7,639
9.	Independent		examination		fees
										2021	2020
	Fees payable		to the independent			examiner for:
	Independent		examination	ofthe financial				statements		614	610

Staff cos	ts
The total	staff costs and	employee	benefits for the reporting	period are analysed as	follows:
				2021	2020
					F
Wages and salaries				107,977	109,126
Social security costs				11,254	11,460
Employer	contributions	to pension	plans	5,829	5,829
				125,060	126,415

12.	Tangible fixe	d assets
			Short
			leasehold	Fixtures and
			property	fittings	Total
				E
	Cost
	At 1 September 2020		275,000	16,456	291,456
	Additions			8,100	8,100
	At 31August	2021	275,000	24,556	299,556
	Depreciation
	At 1 September 2020			16,456	16,456
	Charge for the year		7,639		7,639
	At 31August	2021	7,639	16,456	24,095
	Carrying amount
	At 31August	2021	267,361	8,100	275,461
	At 31 August	2020	275,000		275,000
13.	Debtors
				2021	2020
				f.	F
	Trade debtors			12,706	6,705
	Prepayments	and accrued income		763	550
	Gift aid tax recoverable			2,458	9,677
	Advance lease payments			72,917	75,000
	Other debtors				62,882
				88,844	154,814