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|Charity Name:|Charity Name:|East Midlands
Christian|East Midlands
Christian|Fellowships|Fellowships|Fellowships|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Charitable|Status:|The
charitable
company||has||charitable||status||and|is registered||with|the|
|||Charity Commission|under||registration||number|||1080638.|||||
|Company|Number;|03971567|||||||||||||
|Directors:||ELA Jones (Chair)||||||M N||Mumford|||||
|||A S Townsend
(resigned||08.07.20)||||M A||Frost|||||
|||A C Turner (resigned 28.11.19)||||||JGiles (appomted 28.11.19)|||||||
|||D Cavanagh
(appointed 28.11.19)||||||JAbraham|||(appointed|09.07.20)|||
|||||||||D Park (appointed 09.07.20)|||||||
|Secretary:||KC Parmar|||||||||||||
|Directors:||The above
served|as Directors|||as indicated|||above.||The Directors||of|the|
|||Company
are also the Trustees ofthe charitable||||||||activities.|||||
|Registered|Office:|The Riverside
Centre|||||||||||||
|||Riverside Court|||||||||||||
|||Pride Park|||||||||||||
|||Derby|||||||||||||
|||DE24 8HY|||||||||||||
|Bankers:||Barclays Bank Plc|||||||||||||
|||Nottingham
and Derby Team|||||||||||||
|||Level 4|||||||||||||
|||1 Chapel Quarter|||||||||||||
|||Maid Marion Way|||||||||||||
|||Nottingham|||||||||||||
|||NG1 6HQ|||||||||||||
|Senior Statutory Auditors:||Haines Watts (East Midlands)|||Ltd||||||||||
|||10Stadium Business|Court||||||||||||
|||Millennium
Way|||||||||||||
|||Pride Park|||||||||||||
|||Derby|||||||||||||
|||DE24 8HP|||||||||||||
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|||||2020|||2019||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted||Unrestricted|Restricted||
|INCOME||Notes|Funds
g|Funds
f|Total
f|Funds|Funds
g|Total|
|Donations
and Legacies|||565,467|63,371|628,838|670,904|23,491|694,395|
|Ineornefront
Charitable|Activities||||||||
|Operation ofRiverside|||||||||
|Church
and delivery of|||||||||
|Mission||||132,900|132,900||193,696|193,696|
|Other Incoming
Resources|||132,053|251|132,304|46,082|15,937|62,019|
|Inca&ne from Other Trading Activities|||||||||
|Commercial
Trading|||||||||
|Activities|||220,093||220,093|328,713||328,713|
|Income from Other Activities||||246|246||1,825|1,825|
|Investment
Income||3|232||232|297||297|
||||917,845|196,768|1,114,613|1,045,996|234,949|1,280,945|
|EXPENDITURE|||||||||
|Cost ofRaising Funds|||||||||
|Commercial
Trading Costs|||166,128||166,128|210,768||210,768|
|Fundraising
Costs|||||||463|463|
|Expenditure
on Charitable||Activities|||||||
|Operation ofRiverside|||||||||
|Church
and delivery of|||||||||
|Mission|||752,461|171,118|923,579|753,865|276,326|1,030,191|
|Support Costs|||3,540|1,701|5,241|5,562|1,500|7,062|
||||922,129|172,819|1,094,948|970,195|278,289|1,248,484|
|Net Income/(Expenditure)|||||||||
|Before Transfers|||(4,284)|23,949|19,665|75,801|(43,340)|32,461|
|Trans fers|||(35,336)|35,336||(36,288)|36,288||
|Net Income/(Expenditure)|||(39,620)|59,285|19,665|39,513|(7,052)|32,461|
|Taxation Charge|||||||||
|Net Movement
in Funds|||(39,620)|59,285|19,665|39,513|(7,052)|32,461|
|Reconciliation
ofFunds|||||||||
|Total Funds Brought Forward||15|1,130,970|43,341|1,174,311|1,091,457|50,393|1,141,850|
|Total Funds Carried Forward|||1,091,350|102,626|1,193,976|1,130,970|43,341|!,174,311|
##
||||||||||~Grou|~Grou||~Chrtit||~Chi .it|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Notes|||2020|2019||2020||2019|
|FIXEDASSETS|||||||||||||||
|Tangible
Fixed Assets|||||||11||1,446,126|1,477,406||1,437,607||1,474,193|
|Investments|||||||12|||||I||I|
|Total Fixed Assets|||||||||1,446,126|1,477,406||1,437,608||1,474,194|
|CURRENT ASSETS|||||||||||||||
|Debtors —Gift Aid Donations||||||||||||||78,817|
|Debtors —Income Tax Refund|||||||||13,675|29,854||13,675||29,854|
|Debtors|||||||||54,153|87,365||43,763||51,961|
|Bank Accounts|||||||||119,012|I43,250||111,643||96,259|
|Deposit Accounts|||||||||214,076|105,849||214,076||105,849|
|Restricted
Fund Bank Accounts|||||||||73,505|29,892||73,505||29,892|
|Petty Cash|||||||||1,070|1,800||1,018||777|
|TOTAL CURRENT ASSETS|||||||||475,491|398,010||457,680||393,409|
|CREDITORS:|||||||||||||||
|Amounts
falling due within||one year|||||13||(114,111)|(144,448)||(150,549)||(140,857)|
|NET CURRENT ASSETS|||||||||361,380|253,562)||307,131||252,552|
|TOTAL ASSETS LESS|||||||||||||||
|CURRENT LIABILITIES|||||||||1,807,506|1,730,968||1,747,739||1,726,746|
|CREDITORS:|||||||||||||||
|Amounts
falling due after|more than one year|||||14|||613,530|556,657)||(563,530)||(556,657)|
|NET ASSETS|||||||||1,193,976|1,174,311||1,181,209||1,170,089|
|THE FUNDS OF THE GROUP:|||||||||||||||
|Restricted
Funds||||||l7|||I02,626|43,341||102,626||43,341|
|Unrestricted
Funds:|||||||||||||||
|Subsidiary|||||||||12,767|4,222|||||
|Designated||||||17|||17,575|128,307||17,575||128,307|
|Balance of Unrestricted|Funds||||||||1,061,008|998,441||1,061,008||998,441|
||||||||||1,091,350|1,130,970||1,078,583||1,170,089|
|TOTAL CHARITY FUNDS||||||15|||1,193,976|1,174,311||1,181,209||1,170,089|
|The Trustees
have
prepared||group|accounts|in|accordance||with||section 398 of the Companies||Act|2006 and section||138 of the|
|Charities Act 2011. These|accounts||are prepared||in accordance|||with the special provisions ofPart|||15|ofthe Companies||Act relating|
|to small companies
and constitute
the annual||||accounts||required|||by the Companies|Act 2006 and|are|for circulation|to|members
of|
|the company.|||||||||||||||
##
##
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|Net Cash Flow from|Operating||Activities||25|120,378|170,297|
|Returns
on Investments:||||||||
|Interest Received
Interest Paid||||||232
(14,528j|297
~(i6,466|
|||||||106,062|154,128|
|Taxation||||||||
|Capital Expenditure|and Financial Investments:|||||||
|Purchase ofTangible|Fixed|Assets||||||
|||||||69,979|124,629|
|Financing:||||||||
|Capital Element ofLoan Repayments
Capital Element ofLoan Repayments||||Made
Received||56,873|(71,272)
1|
|Net Cash Inflow/(Outflow)||||||126,872|53,358|
|Increase/(Decrease)
in|Cash in|the|Year|||126,872|53,358|
|Net Cash Resources at|1 September||2019|||280,791|227,433|
|Net Cash Resources at 31Au||ust|2020|||407,663|280,791|
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|estimated
to write offeach asset|over the term ofits useful life. T|
|---|---|
|Freehold Property|2%per annum|
|Office Equipment|10/33% per annum|
|Fixtures and Fittings|10%per annum|
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||2020|2019|
|---|---|---|
|Staffcosts note:||g|
|Salaries|583,351|558,703|
|Pension costs
Social Security costs|21,644
35,956|39,377
25,131|
||640,951|623,211|
##
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|GROUP|Freehold|~Eui|~Eui|ment||
|---|---|---|---|---|---|
||P roar tt|~and|ffttin
a||Total|
|Cost||||||
|At
1 September 2019|2,057,739|||434,483|2,492,222|
|Additions||||36,083|36,083|
|Disposals||||||
|At 31 August 2020|2,057,739|||470,566|2,528,305|
|Accumulated
Depreciation||||||
|At
1 September 2019|683,387|||331,429|1,014,816|
|Charge for the year|43,515|||23,848|67,363|
|On disposal||||||
|At 31 August 2020|726,902|||355,277|1,082,179|
|Net Book Value||||||
|At 31 August 2019|1,374,352|||103,054|1,477,406|
|At 31 August 2020|1,330,837|||115,289|1,446,126|
|CHARITY|Freehold
~Pro &ere|~Kui
ment
~andfEtt in
~|||Total|
|Cost|||||g|
|At 1 September 2019|2,057,718||402,320||2,460,038|
|Additions||||29,079|29,079|
|Disposals||||||
|At 31August 2020|2,057,718||431,399||2,489,117|
|Accumulated
Depreciation||||||
|At 1 September 2019|683,387||302,458||985,845|
|Charge for the year|43,515|||22,150|65,665|
|On disposal||||||
|At 31 August 2020|726,902||324,608||1,051,510|
|Net Book Value||||||
|At 31August 2019|1,374,331|||99,842|1,474,193|
|At 31 August 2020|1,330,816||106,791||1,437,607|
##
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##
|CHARITY||||||||
|---|---|---|---|---|---|---|---|
||||||2020||2019|
|Investment
in Riverside
Event Management
Limited|||||g||g|
|The company
owns
100% of the
Limited, whose principle
activity is|issued
that of||share
capital of a trading
company,
the provision ofroom hire and related||Riverside
facilities.|Event|Manage|
|Creditors: Amounts
falling due within||one year||||||
||||~Grou|~Grou|Charith|Charith||
||||2020|2019|2020||2019|
|Amount
due to Subsidiary
Taxation and Social Security
Accruals
Bank Loans (Secured)|||9,279
32,432
72,400|9,177
62,871
72,400|50,000
9,279
18,870
72,400||9,177
59,280
72,400|
||||114,111|144,448|150,549||140,857|
##
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##
||As at||||As at||
|---|---|---|---|---|---|---|
||31.S.19|I~oomi n|0~rot oio|Transfers|31.S.20|2019|
||||g||g||
|Restricted Funds
Unrestricted
Funds
Trading Subsidiary|43,341
1,126,748
4,222|196,769
653,112
264,732|162,820
710,611
211,517|25,336
9,334
(44,670|102,626
1,078,583
12,767|43,341
1,126,748
4,222|
||1,174,311|1,114,613|1,084,948|10,000)|1,193,976|1,174,311|
##
##
##
|||As at||||As at||
|---|---|---|---|---|---|---|---|
|||31.8.18|~lneomtn|~Ot oin|Transfers|31.8.19|2018|
|||f.||||g||
|Restricted Funds
Unrestricted
Funds
Trading Subsidiary||50,393
1,086,271
5,186|234,950
717,282
328,713|278,290
758,517
211,678|36,288
81,712
(118,000)|43,341
1,126,748
4 777|50,393
1,086,771
5,186|
|||1,141,850|1,280,945|1,248,485||1,174,311|1,141,850|
|nalysis|ofNet Assets|Between Funds||||||
|||General|Restricted|2020|General|Restricted|2019|
|||Fund|Funds|Total|Fund|Funds|Total|
|||g|||g|||
|Tangible fixed assets
Investments||1,446,126||1,446,126|1,477,406||1,477,406|
|Current assets
Current
liabilities
Long term liabilities||372,056
(113,302)
(613,530|103,436
(810)|475,492
(114,112)
613,530)|332,422
(122,200)
556,657)|65,588
(22,248)|398,010
(144,448)
(556,657)|
|||1,091,350|102,626|1,193,976|1,130,971|43,340|1,174,311|
##
|||At 1.9.19|Income|~Kx enditnre|Transfers|At 31.8.20|
|---|---|---|---|---|---|---|
||||g||||
|Emmanuel
School||34,375|115,595|128,619|20,000|41,351|
|Harper|||405|250||155|
|Missions
Development||369|3,115|570||7,914|
|Alpha
Persian Bible College/||530|839|297||1,072|
|Cross Cultural
Training||69||69|||
|Benevolent
Hardship
Derby City Mission|Fund|875|441|||1,316|
|Night Shelter||62||62|||
|Sphere Money (Synergy)
BCC Hardship
Fund
Lutterworth
Community||182
2,114|18,442|27,426|15,336|6,534
2,114|
|Church Transfer
Reach Response
Covid Crisis
Open Doors||3,582
683|23,880
9,483|3,582
10,344
800||13,536
8,683
683|
|Reach Planting
Youth Hall|||21,568|||21,568|
|Reach Nottingham||500||500|||
|ICP Anchor Trust|||3,000|300||2,700|
|||43,341|196,768|172,819|35,336|102,626|
##
##
##
|0~en D nota|A special collection taken to support
the work
crises in an overseas country.|of Open Doors at a|time|of a particular|of a particular|
|---|---|---|---|---|---|
|~Reach Piantin|A special
collection
was
taken
during
the year
to support
the EMCF|||members|and|
||partners
to plant churches
in East Midlands,
the|rest ofUK and overseas.||||
|Youth Hall Reach|CCN offering money
in support ofNottingham|Community
Church.||||
|N~tontn
ham||||||
|ICP Anchor Trust|This money
is held on behalf of ICP Anchor|Trust,
to support
the administration|||of an|
||initiative
which
will
promote
the vision
and|values of intercultural|church
to Christian|||
||groups
in the UK. ICP Anchor Trust will be registered
as a charity||in its|own right|in the|
||near future. At that point the balance in the fund|will be transferred
to|the new Charity.|||
|Designated
Funds|The designated
funds
are allocated
for capital
projects, the balance left aside being 517,575.|projects,
rebranding|and|development||
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||||2020|2019|
|---|---|---|---|---|
|Turnover
Cost ofSales
Other Income|||g
220,093
42,423
44,640|328,713
65,526|
|Gross Profit|||222,310|263,187|
|Administrative|Expenses||213,765|264,152|
|Net (Loss)/Profit||Before Tax|8,545|(965)|
|Taxation|||||
|Net (Loss)/Profit||After Tax|6,545|~9655|
|Net Assets|||8,545|4,222|
##
|||2020|2019|
|---|---|---|---|
|Net incoming
resources before taxation||g
19,665|32,461|
|Adjustments:||||
|Interest paid||14,528|16,466|
|Investment
income
Depreciation
charges
(Increase)/decrease
in debtors
Increase/(decrease)
in creditors||(232)
67,363
49,391
30,337)|(297)
64,164
26,427
31,076|
|||120,378|170,297|
##