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2020-12-31-accounts

Charity Registration No. 1079863

Company Registration No. 03785459 (England and Wales)

METRO WORLD CHILD UK

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

METRO WORLD CHILD UK

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees W Willson
A Paliama
S Gleue
Secretary Adriaan Paliama
Charity number 1079863
Company number 03785459
Principal address Storrington Room
The Charis Centre
West Green Drive
Crawley
West Sussex
RH11 7EL
Registered office Ground Floor
1 - 7 Station Road
Crawley
West Sussex
RH10 1HT
Independent examiner Darren Harding ACA FCCA DChA
Richard Place Dobson Services Limited
1-7 Station Road
Crawley
West Sussex
RH10 1HT

METRO WORLD CHILD UK

CONTENTS

Page
Trustees' report 1 - 3
Independent examiner's report 4
Statement of financial activities 5 - 6
Balance sheet 7
Statement of cash flows 8
Notes to the financial statements 9 - 17

METRO WORLD CHILD UK

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 DECEMBER 2020

The trustees present their annual report and financial statements for the year ended 31 December 2020.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charitable company's Memorandum and Articles of Association, the Companies Act 2006 and the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in January 20 1 5.

Objectives and activities

The objects of the charitable company are to advance the Christian religion either in the UK or overseas, in particular but not exclusively, by:

The directors seek to achieve these aims by:

The charity's trustees have referred to the guidance in the Charity Commission's general guidance on Public Benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, they have considered how planned activities will contribute to the aims and objectives they have set .

Grant making

The trustees will consider any requests for grants or donations which they receive. However, due to the nature of the company's operation, it is unlikely to make any grants available (other than passing on donations received for specific purposes) .

Achievements and performance

The beginning of 2020 saw Metro World Child UK seeing out our notice on the office premises at 39 Station Road following a new landlord with new lease conditions that the trustees felt weren’t to the best benefit of the charity, particularly regarding the financial impact. To save on expenses we have moved to a smaller office space.

The office is now based at The Charis Centre in Crawley. This has been an excellent move on many levels. There are no additional costs e.g. water, gas, electricity, council tax rates etc as this is all covered in the rent. During January we had a phone line and broadband installed. We were able to continue the same telephone number as Station Road providing continuity for our supporters and we have also been able to keep the same PO Box address which has been excellent avoiding inconvenience and additional printing costs. The move to the Charis Centre has also been beneficial in terms of security with a dedicated reception staff and from a ministry perspective has been great to be based in an office situation where staff share the ideals of Metro World Child.

The UK was hit with Covid-19 in March and in April entered a full national lockdown. The office was closed and our office manager, Mrs Cameron, worked from home as per government regulations. During the months of this first national lockdown The Charis Centre very generously waived the rental fee. This was a tremendous help. Early in the lockdown Mrs Cameron rang some of the older supporters of Metro to see how they were doing. These courtesy calls were so well received and she advised the New York office about these calls. The Head Office in New York felt this was an excellent way to support our supporters in this season and so we started a call campaign to check on all our supporters. These calls helped greatly to strengthen the relationship to Metro’s supporters.

Richard Place Dobson page 1

METRO WORLD CHILD UK

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

Early in 2020 we saw Mrs Sue Eveleigh begin to volunteer with Metro World Child UK – Mrs Eveleigh has been assisting with items such as sponsor filing, handwritten thank you notes and shredding. She has been a real blessing over this year helping out for a day or two a week. During the end of the year the office at The Charis Centre was moved around to allow for greater social distancing and other suggestions from the UK government incorporated to ensure a safe working environment for two people in a single office to follow government recommendations and to protect both our employee and volunteer.

In the Summer Metro New York launched the Kenya Critical campaign in response to the needs after the impact of Covid-19 on the countries it is operating in. The response to the campaign was excellent with many new sponsors and many donations. A number of existing sponsors took on additional children to sponsor. Overall this campaign was very successful; a number of children were sponsored through our local Metro UK sponsors.

It was planned that Dr Bill Wilson would do his usual Autumn tour in the UK. But the week before the tour with many venues cancelling or unable to meet due to Covid government restrictions the tour was cancelled. A few venues had Dr Wilson and Ms Stellatos to speak via recorded message. Mrs Cameron was also able to speak to a group on a Zoom call raising awareness of the work of the charity which has a great impact on the attendants.

There was another lockdown in November where Mrs Cameron worked from home. December saw our usual Christmas call project. Mr Malcolm Cameron, married to our office manager, Mrs Cameron kindly volunteered in helping with the calls as well as Mrs Paliama from the New York office.

We trialled a new gift option in November with folks being able to purchase a ‘gift certificate’ for a friend for Christmas where kids would be fed in Kenya or a gifted one year child sponsorship. The response was good to this venture; a great benefit for the children in need and the supporters who participated.

As we reflect back on 2020 whilst being a difficult year there have also been good things. The move to the new office has been a great move for Metro World Child UK and feels the right move on so many levels.

We were pleased to see that Metro World Child UK was able to support the partner organisation and its services even more than the previous years. The funds raised through the UK supporters have assisted with various programmes in New York and around the World. In 2020 the key programmes were in Kenya and the Philippines providing food for children and their families – the Kenya critical campaign was a catalyst for raising funds to meet these needs. In many of our outreach areas around the world our children struggle with the reality and effects of extreme poverty. At Metro, we believe that it is important to not only meet spiritual and emotional needs, but we must also address the physical needs that so many of our children face. Our children often lack basic needs integral to their growth and development; things such as school supplies and uniforms, clean drinking water and filling meals or even warm clothing in the winter. Our aim is to help support the development, growth and nourishment of each of our children; we see it as a necessary and critical investment into their future.

The Covid-19 situation has been so challenging for so many of our supporters but we have been amazed to see so many stand up and support even more during this trying time for the poor especially in Kenya.

As we reflect back on 2020 as an organisation although it has been a particularly difficult year we have been amazed at how our supporters have stood with us through this year. We are grateful for the work that we were able to accomplish and for the supporters who made it possible.

Financial review

Financial position

The charity had total net incoming resources of £8,137 (2019: £84,951) in the period as shown in the statement of financial activities on page 5 of the accounts.

Reserves policy

The trustees have established a policy for unrestricted reserves, whereby, in order to enable the charity to operate effectively, they aim to have three to six months expenditure in general funds.

The unrestricted reserves are now £ 127,232 (201 9 : £129,824) and restricted funds are £ 28,545 (201 9 : £17,816 ).

Richard Place Dobson page 2

METRO WORLD CHILD UK TRUSTELS, REPORT (INCLUDING DIRECTORS, REPORT) (CONTLYUED) FOR THE YEAR ENDED 31 DECEMBER 2020 Thc charity hag made cbaritsble donations totailing £470,926 iu the fiBan¢i81 year (2019.. £426.418) to M¢tro World Cbild based in New York. th¢ majorityof whith rrJJ lo forwdiM8 om spec￿¢ donations froN (knors. FlAt￿ for future peTlods Itt the next year we will start looktng into ot]KT W4p of fi￿d￿lS1￿8 be4idts our SPCWTsJup prow. Our fo¢u8 however remains i￿reasing th¢ TJVDLb¢T of sp)Dsorship¥ With a 501id markdirtg $ty8t¢gy pl80 wc expttt 10 tai￿ more awaTCn¢55 aGhitvc our Boals. Outside sources will be approNthcd lo hclp vs. Netwo￿1￿% {so¢ial rned￿j with businwes owl att¢tsdits8 ¢xhibi(ions will bc p8rt of this m4rk¢tsng strate8y plaD as well. Strncturel %tsvern•n¢e mDagemeTrt Th¢ Charity is cortirolled by 11$ goveming docunKnl. a Memor4Mdurrh and Articles ofA88Lxiauon. aThd coTh8tiiulcs a limited ¢ompany. lirnited by WLMrantee, a5 defin￿ by lh¢ C£¥wies Act 2thfj. The tnJsit¢s. who aiyo the directors for the purpxe ofcompmy l•w. and wlw xrved thJrill8 the year and up to the date of 51¥nulur¢ vf the financial stsloments were.. W Willso A Paliamn S Qleue Non¥ o( ¢h¢ tnJ$¢8 has any bcnefjcial in10T￿ in the cowy. All of the are ￿M￿nbe[S of the conwy thd guaran¢e¢ lo Gonlribuk £1 in Ihe eyenr ora winding up. Vacancie8 occllning fortnL8tees shall b¢ fiIled by ithJividu&ls winied by the maLB8eDKnl team in the bead &ffi¢¢ of M¢tyo World Child New York USA al￿ ratifI¢d by vote (pf a majority of Direclors thcn in office. r¢gaTdJess of th¢ir nun)b¢r. Trustees ap￿In¢ed shall hold otri¢¢ unlil tb¢ir $Y¢¢¢$w￿ havc bc¢n el#i¢d •nd qualified. The areas of risk have been idcnlified and the approPriit¢ tdKy. in each will be establi8hed during the ¢ourse of next year and will be r¢￿¢Wea and njonitorcd ort a￿gUI￿ basis. On behaifof the'boRrd of tru$ APaliatLR Trnxtee Date". RicbardPlace Dob5Q

METRO WORLD CHILD UK

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF METRO WORLD CHILD UK

I report to the trustees on my examination of the financial statements of Metro World Child UK (the charity) for the year ended 31 December 2020.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Institute of Chartered Accountants for England & Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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 financial statements to be reached.

Darren Harding ACA FCCA DChA

Richard Place Dobson Services Limited 1-7 Station Road Crawley West Sussex RH10 1HT

Dated: 31 January 2022

Richard Place Dobson page 4

METRO WORLD CHILD UK

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2020

Current financial year
Unrestricted Unrestricted
Restricted
funds
funds
funds
general
d esignated
2020
2020
2020
Notes
£
£
£
Income from:
Donations received
3
195,770
350,042
16,424
Other trading activities
4
191
-
-
Total income
195,961
350,042
16,424
Expenditure on:
Advancing the Christian Religion
5
169,238
379,357
5,695
Net income for the year/
Net movement in funds
26,723
(29,315)
10,729
Fund balances at 1 January 2020
30,275
99,549
17,816
Fund balances at 31 December 2020
56,998
70,234
28,545		 Total
2020
£
562,236
191
562,427
554,290
8,137
147,640
155,777		 Total
2019
£
598,079
3,118
601,197
516,246
84,951
62,689
147,640

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

Richard Place Dobson page 5

METRO WORLD CHILD UK

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020

Prior financial year
Unrestricted Unrestricted
Restricted
funds
funds
funds
general
d esignated
2019
2019
2019
Notes
£
£
£
Income from:
Donations received
3
222,870
359,648
15,561
Other trading activities
4
3,118
-
-
Total income
225,988
359,648
15,561
Expenditure on:
Advancing the Christian Religion
5
202,905
298,542
14,799
Net income for the year/
Net movement in funds
23,083
61,106
762
Fund balances at 1 January 2019
7,192
38,443
17,054
Fund balances at 31 December 2019
30,275
99,549
17,816		 Total
2019
£
598,079
3,118
601,197
516,246
84,951
62,689
147,640

Richard Place Dobson page 6

METRO WORLD CHILD UK BALANCE SHEET ASA T31 DECEMBER 2020 2020 2019 Note5 Fixtd xsiets Trngibie gsscts 1,794 Curr¢nt Dcbiors Cash at bank alld in li J31,587 l28.l52 65.559 199.( 193,711 Credltors: AlllOllJlts fillhbg du¢ •lthlD y¢xr 12 (45.626) (48.1821 Net curreni assets 153,983 145,529 Tot•1 81¢¢6 leii ¢urr¢nt Ilbllltl¢s 155.777 147.640 Ineome fundi Re5tri¢¢¢d funds 13 28545 17,816 DE8ignai¢d funds Ctn¢rnl unrcJtri¢ied funds 14 70.234 56.998 99.549 30275 127.232 129,824 155.777 147,640 The company Is cntitlrA to lh¢ ¢xcmption from lh¢ audil rrqutrn¢llt wntstne41 in s¢cUon 477 of the Compartie& Aci 20D6, for the year ended 31 D￿embe[ 2020. The d1￿clOrS ickttowledge Ibeir responsibiliiies (or complyrng with the ¥v4U1￿[n¢ryts of Cornp8Dits Act 2006 with respect to accounting recor(L% the preparniion of ftnancial tstetneDts. Th¢ m¢tllb¢r3 hav¢ tKkt T¢quiryi the company to obtsith ao audii of its sralemeDts for the year in question ill ccordance with section 476. These fJJJanciai ststemeDts hav¢ b¢en prePa￿d delivered cordttce with the pmvi5iotts awlÉcabl¢ to companies subjectto the Thiajl compani¢s Tegllll¢. The r]]Jallc 28 statements were approved by theTh￿et$ on........ ... ......... AP&lLama Trustee CompanyRew¢ratioD No. 0378545Y RiGhardPJace lknbson pag¢ 7

METRO WORLD CHILD UK

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 DECEMBER 2020

2020
Notes
£
Cash flows from operating activities
Cash generated from operations
17
Net cash used in investing activities
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2019
£
£
2,463
-
-
2,463
65,559
68,022		 £
1,664
-
-
1,664
63,895
65,559

Richard Place Dobson page 8

METRO WORLD CHILD UK

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

1 Accounting policies

Charity information

Metro World Child UK is a private company limited by guarantee incorporated in England and Wales. The registered office is Ground Floor, 1 - 7 Station Road, Crawley, West Sussex, RH10 1HT.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Designated funds are those designated as such by the directors.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Donations, gift aid on donations and other forms of income are recognised as incoming resources when receivable.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Expenditure on charitable activities includes grants payable made to third parties and other activities undertaken to further the purposes of the charity and their associated support costs.

The Trustees have identified one charitable activity.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, and governance costs which support the charity's activities. These costs have been allocated to expenditure on charitable activities.

Richard Place Dobson page 9

METRO WORLD CHILD UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

1 Accounting policies

(Continued)

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment

15% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities .

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Financial instruments

The charitable company only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Basic financial assets

Other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.

Basic financial liabilities

Creditors are recognised where the charity has a present obligation resulting from a past event that will probably results in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any discounts due.

1.9 Taxation

As a registered charity the company benefits from rates relief and is generally exempt from income tax and corporation tax. The charity is not registered for value added tax.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12 Foreign exchange

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

1.13 Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Richard Place Dobson page 10

METRO WORLD CHILD UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations received

Unrestricted Unrestricted
Restricted
funds
funds
funds
general
d esignated
2020
2020
2020
£
£
£
Donations and gifts
195,770
350,042
16,424
Unrestricted
Unrestricted
Restricted
funds
funds
funds
general
d esignated
2019
2019
2019
£
£
£
Donations and gifts
222,870
359,648
15,561		 Total
2020
£
562,236
Total
2019
£
598,079
Unrestricted Unrestricted
funds funds
general general
2020 2019
£ £
Product sales 191 3,118

Richard Place Dobson page 11

METRO WORLD CHILD UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

5 Advancing the Christian Religion

Advancing
Advancing
the Christian
the Christian
Religion
Religion
2020
2019
£
£
Staff costs 41,922
41,010
Direct costs 17,207
18,461
59,129
59,471
Grant funding of activities (see note 6) 470,926
426,418
Share of support costs (see note 7) 11,047
18,256
Share of governance costs (see note 7) 13,188
12,101
554,290
516,246
Analysis by fund
Unrestricted funds - general 169,238
202,905
Unrestricted funds - designated 379,357
298,542
Restricted funds 5,695
14,799
554,290
516,246

6 Grants payable

Advancing
Advancing the
the Christian
Christian
Religion
Religion
2020
2019
£
£
Grants to individuals 470,926
426,418
470,926
426,418

Richard Place Dobson page 12

METRO WORLD CHILD UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

7 Support costs

Support costs Governance
costs
£
£
Depreciation
317
-
Rent
6,642
-
Rates and water
(30)
-
Insurance
478
-
Light and heat
47
-
Repairs and maintenance
803
-
Telephone
1,051
-
Travelling expenses
1,044
-
Hire of plant and
machinery
143
-
Sundries
552
-
Independent examiner's
fees
-
6,344
Bank charges
-
6,844
11,047
13,188
Analysed between
Charitable activities
11,047
13,188		 2020Support costs
Governance
costs
£
£
£
317
373
-
6,642
5,500
-
(30)
883
-
478
606
-
47
453
-
803
131
-
1,051
667
-
1,044
8,338
-
143
422
-
552
883
-
6,344
-
5,181
6,844
-
6,920
24,235
18,256
12,101
24,235
18,256
12,101		 2019
£
373
5,500
883
606
453
131
667
8,338
422
883
5,181
6,920
30,357
30,357

Governance costs includes payments to the accountants of £3,420 (2019: £3,420) for an independent examination and £2,924 (2019: £1,761) for other services.

8 Trustees

None of the trustees (or any persons connected with them) received any remuneration during the year.

9 Employees

The average monthly number of employees during the year was:

2020 2019
Number Number
2 2

Richard Place Dobson page 13

METRO WORLD CHILD UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

9
Employees
Employment costs
Wages and salaries
Social security costs
Other pension costs		 (Continued)
2020
2019
£
£
40,834
40,063
233
181
855
766
41,922
41,010		 (Continued)
2020
2019
£
£
40,834
40,063
233
181
855
766
41,922
41,010
41,010

The trustees consider the two staff members to be Key Management Personnel, the total benefit paid to them was £41,922 (2019: £41,010).

There were no employees whose annual remuneration was more than £60,000.

10 Tangible fixed assets

Fixtures, fittings & equipment Fixtures, fittings & equipment
£
Cost
At 1 January 2020 7,755
At 31 December 2020 7,755
Depreciation and impairment
At 1 January 2020 5,644
Depreciation charged in the year 317
At 31 December 2020 5,961
Carrying amount
At 31 December 2020 1,794
At 31 December 2019 2,111
11 Debtors
2020 2019
Amounts falling due within one year: £ £
Other debtors 131,372 127,193
Prepayments and accrued income 215 959
131,587 128,152

Richard Place Dobson page 14

METRO WORLD CHILD UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

12 Creditors: amounts falling due within one year

2020 2019
£ £
Other taxation and social security 490 479
Accrued grants 39,363 42,155
Accrued expenses 5,773 5,548
45,626 48,182
Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations
and grants held on trust for specific purposes:
Movement in funds Movement in funds
Balance at Incoming Resources Balance at Incoming Resources Balance at
1 January 2019 resources expended 1 January 2020 resources expended 31 December
2020
£ £ £ £ £ £ £
Appeal fund -
Pastor Bill 3,447 - - 3,447 - - 3,447
Special Events
Romania 4 - - 4 - - 4
Special Events
(Operation
MOM) 5,941 - - 5,941 - - 5,941
Special Events
USA 1,928 567 (417)
2,078		 - - 2,078
Special Events
Kenya 704 3,372 (1,864)
2,212		 14,433 (3,818) 12,827
Special Events
PH 14 - - 14 - - 14
Camp
Phillipines 5 1,881 (1,881)
5		 971 (971) 5
Camp
Romania 5,010 8,445 (9,341)
4,114		 174 (60) 4,228
Camp Kenya 1 1,296 (1,296)
1		 846 (846) 1
17,054 15,561 (14,799)
17,816		 16,424 (5,695) 28,545

13 Restricted funds

Appeal fund - Pastor Bill - are funds generated during speaking engagements of the senior pastor and founder of Metro Ministries, Reverend William F Wilson. The specific appeals are announced during his visit.

The other restricted funds represent funds donated where the donor has specified that proceeds be transferred to a particular cause.

Richard Place Dobson page 15

METRO WORLD CHILD UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

14 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Movement in funds Movement in funds Movement in funds Movement in funds
Balance at Incoming Resources Balance at Incoming Resources Balance at
1 January 2019 resources expended 1 January 2020 resources expended 31 December
2020
£ £ £ £ £ £ £
Sponsorship
funds 38,443 359,648 (298,542)
99,549		 350,042 (379,357) 70,234
38,443 359,648 (298,542)
99,549		 350,042 (379,357) 70,234

Sponsorship funds represent funds raised during the year on various appeals other than specifically restricted appeals. It also includes all funds directly related to sponsorship programmes such as funds for children in the Phillipines and South Africa, the Book Bag Project, Summer Camp and the Won by One fund.

15 Analysis of net assets between funds

Unrestricted
funds
Designated
funds
Restricted
funds
2020
2020
2020
£
£
£
Fund balances at 31 December 2020 are represented
by:
Tangible assets
1,794
-
-
Current assets/(liabilities)
55,204
70,234
28,545
56,998
70,234
28,545
Unrestricted
funds
Designated
funds
Restricted
funds
2019
2019
2019
£
£
£
Fund balances at 31 December 2020 are represented
by:
Tangible assets
2,111
-
-
Current assets/(liabilities)
28,164
99,549
17,816
30,275
99,549
17,816		 Total
2020
£
1,794
153,983
155,777
Total
2019
£
2,111
145,529
147,640

16 Related party transactions

There were no disclosable related party transactions during the year (2019 - none) .

Richard Place Dobson page 16

METRO WORLD CHILD UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

17
Cash generated from operations
Surplus for the year
Adjustments for:
Depreciation and impairment of tangible fixed assets
Movements in working capital:
(Increase) in debtors
(Decrease) in creditors
Cash generated from operations		 2020
2019
£
£
8,137
84,951
317
373
(3,435)
(82,427)
(2,556)
(1,233)
2,463
1,664

Richard Place Dobson page 17