| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statement ofFinancial Activities | 10 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
49,593 | 49,593 | 58,261 | |||
| EXPENDITURE ON | ||||||
| Other | 67,723 | 67,723 | 69,559 | |||
| NET INCOME/(EXPENDITURE) | (18,130) | (18,130) | (11,298) | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 244,590 | 244)590 | 255,885 | |||
| TOTAL FUNDS CARRIED FORWARD | 226,460 | 226,460 | 244,587 |
| 31DECE | MBER 2020 | ||||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | fimds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 261,821 | 261,821 | 265,387 | ||
| CURRENT ASSETS | |||||
| Cash at bank and in hand | 1,956 | 1,956 | 855 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(37,317) | (37,317) | (21,655) | ||
| NET CURRENT ASSETS | (35,361) | (35,361) | (20,800) | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 226)460 | 226,460 | 244,587 | ||
| NKT ASSETS | 226,460 | 226,460 | 244,587 | ||
| FUNDS | |||||
| Unrestricted funds |
226,460 | 244,587 | |||
| TOTAL FUNDS | 226,460 | 244,587 |
| TANGIBLE FIXEDASSET | S | ||||
|---|---|---|---|---|---|
| Freehold | |||||
| prop e&ty | |||||
| and | Improvements | Instruments | Fixtures | ||
| prope&ty | to | and PA | and | ||
| alterations | prope&ty | equipment | fittings | Totals | |
| COST | |||||
| At 1 January 2020 | 218,403 | 22,860 | 52,899 | 69,928 | 364,090 |
| Additions | 67 | 67 | |||
| At 31December 2020 | 218,403 | 22,860 | 52,966 | 69,928 | 364,157 |
| DEPRECIATION | |||||
| At 1 January 2020 | 42,074 | 56,629 | 98,703 | ||
| Charge for year | 1,639 | 1,994 | 3,633 | ||
| At 31December 2020 | 43,713 | 58,623 | 102,336 | ||
| NET BOOKVALUE | |||||
| At 31December 2020 | 218,403 | 22,860 | 9,253 | 11,305 | 261,821 |
| At 31December 2019 | 218,403 | 22,860 | 10,825 | 13,299 | 265,387 |
| CREDITORS: AMOUN | TS FALLING DUE WITHIN ONK Y | EAR | |
|---|---|---|---|
| 2020 | 2019 | ||
| Bank loans and overdrafts | (seenote 5) | 480 | |
| Trade creditors | 2,138 | 3,908 | |
| Social security and other | taxes | 5,423 | 2,456 |
| Other creditors - Pastor J | Daniel-Sam | 21,443 | 14,031 |
| Accruals and deferred income | 8,313 | 780 | |
| 37)317 | 21,655 |
| 5. | LOANS | LOANS | ||||||
|---|---|---|---|---|---|---|---|---|
| An analysis of | the maturity of | loans is given below; | ||||||
| 2020 | 2019 | |||||||
| Amounts falling due within one year on demand: |
||||||||
| Bank overdrafts | 480 | |||||||
| 6. | MOVKMKNT | IN FUNDS | ||||||
| Net | ||||||||
| movement | At | |||||||
| At 1.1.20 | in funds | 31.12.20 | ||||||
| Unrestricted | funds | |||||||
| Total funds | 244,590 | (18,130) | 226,460 | |||||
| TOTAL FUNDS | 244,590 | (18,130) | 226,460 | |||||
| Net movement | in funds, included | in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| Unrestricted | funds | |||||||
| Total f'mds | 49,593 | (67,723) | (18,130) | |||||
| TOTAL FUNDS | 49,593 | (67,723) | (18,130) | |||||
| Comparatives | for movement | in | funds | |||||
| Net | ||||||||
| movement | At | |||||||
| At 1.1.19 | in funds | 31.12.19 | ||||||
| Unrestricted | funds | |||||||
| Total funds | 255,885 | (11,298) | 244,587 | |||||
| TOTAL~S | 255,885 | (11,298) | 244,587 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| Total funds | 58,261 | (69,559) | (11,298) | ||
| TOTAL FUNDS | 58,261 | (69,559) | (11,298) | ||
| A current year | 12months | and prior year 12months | combined position is as follows: | ||
| Net | |||||
| movement | At | ||||
| At 1.1.19 | in funds | 31.12.20 | |||
| Unrestricted | funds | ||||
| Total funds | 255,885 | (29,428) | 226,457 | ||
| TOTAL FUNDS | 255,885 | (29,428) | 226,457 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| Total funds | 107,854 | (137,282) | (29,428) | |
| TOTAL FUNDS | 107,854 | (137,282) | (29,428) |
| FOR THK YEARENDED 31 | DECEMBER 2020 | ||
|---|---|---|---|
| 2020 | 2019 | ||
| INCOME AND KNDO%1VKNTS | |||
| Donations and legacies |
|||
| Gift aid | 13,044 | ||
| Offerings and tithes |
49,593 | 44,397 | |
| General gifts and donations | 820 | ||
| 49,593 | 58,261 | ||
| Total incoming resources |
49,593 | 58,261 | |
| EXPENDITURE | |||
| Other | |||
| Worship expenses | 33)360 | 32,179 | |
| Vehicle maintenance | 9 | 535 | |
| Minister's compensation |
1,500 | 1,500 | |
| Church development expenses |
10,397 | 7,539 | |
| Outreach expenses | 12,517 | 11,506 | |
| Administrative overheads |
6,306 | 12,321 | |
| Depreciation oftangible fixed assets | 3,634 | 4,258 | |
| Loss on sale ofintangible | fixed assets | (279) | |
| 67,723 | 69,559 | ||
| Total resources expended | 67,723 | 69,559 | |
| Net expenditure | (18,130) | (11,298) |