REGISTERED COMPANY NUMBER: 04046637 (England and Wales) REGISTERED CHARITY NUMBER: 1083852
FARNBOROUGH CHRISTIAN OUTREACH
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2020
HPCA Limited Chartered Accountants Station House Connaught Road Brookwood Woking Surrey GU24 0ER
FARNBOROUGH CHRISTIAN OUTREACH
CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 July 2020
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 to 7 |
| Notes to the Financial Statements | 8 to 16 |
| Detailed Statement of Financial Activities | 17 to 18 |
FARNBOROUGH CHRISTIAN OUTREACH
REPORT OF THE TRUSTEES
for the year ended 31 July 2020
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2020. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
The Charity's objects are to promote the advancement of Evangelical Christian Causes on an ecumenical basis.
The principal activity of the charity during the year was the running of the Christian Resources Centre known as 'The Triangle', In addition the Charity sponsored and facilitated a number of local events.
PUBLIC BENEFIT
The Charity is of public benefit in the following ways:
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Provision of literature and other supplies and resources for local Churches and schools;
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Supplier of fairly traded goods to the local community, including the local Borough Council;
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Employment of special needs people;
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Employment of voluntary staff and an active participant in work experience scheme.
ACHIEVEMENT AND PERFORMANCE
Bookshop sales for the year reduced to £75,977 (compared to £104,501 in 2019) against a background of difficult trading conditions for retailers and the Covid 19 pandemic restrictions and lockdown. Out of shop sales including orders for Schools and Churches have continued during the lockdowns where possible and we have had support from individual customers with telephone, email and website placed orders.
Voluntary income including legacies for the period was slightly lower at £56,875 (compared to £58,455 in 2019).
The reduction is rent and reduced purchases resulted in total resources expended reducing to £137,426 (from £164,266 in 2019) meaning there was a net income for the period of £6,197.
The Charity's subsidiary, The Triangle Café Limited had a turnover for the period of £41,710 (compared to £68,553 in 2019). The subsidiary did not pay any management charge to the Charity. The net result was a loss of £11654 (compared to a loss of £6,916 in 2019). The café continues to be significantly impacted by the pandemic and has been closed for the majority of the 2020 and into 2021.
FINANCIAL REVIEW
Principal funding sources
The main sources of income, derive from the sales of Christian literature and media, donations from members and supporters and sales from the subsidiary, the Triangle Café Limited.
Investment policy
Under the memorandum and articles of association, the charity has the power to make any investment which the trustees see fit, after obtaining advice from a financial expert and having regard to the suitability of investments and the need for diversification.
Reserves policy
The General Fund represents the Unrestricted funds arising from the past operating results. It also represents the free reserves of the charity, as all fixed assets are included in the fixed asset fund, which is a designated fund. The general fund balance was £68,885 at 31st July 2020 and the aim of the trustees is to build this up to a balance which represents 3 months of operating expenditure.
Page 1
FARNBOROUGH CHRISTIAN OUTREACH
REPORT OF THE TRUSTEES
for the year ended 31 July 2020
FUTURE PLANS
The General Fund represents the Unrestricted funds arising from the past operating results. It also represents the free reserves of the charity, as all fixed assets are included in the fixed asset fund, which is a designated fund. The general fund balance was £68,885 at 31st July 2020 and the aim of the trustees is to build this up to a balance which represents 3 months of operating expenditure.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Farnborough Christian Outreach (a company limited by guarantee) was incorporated on 3rd August 2000, and was registered with the Charity Commission for England and Wales on 28th November 2000. On 31st January 2001, all of the assets and liabilities of the Farnborough Christian Outreach Trust (an unincorporated Charity, registered under the charity number 285306) were gifted to Farnborough Christian Outreach.
On 15th December 2000, The Triangle Café Limited (company number 4126321) was incorporated, with the sole issued share being held by Farnborough Christian Outreach. This company carries out the activities of the café situated in the new premises of Farnborough Christian Outreach, to which the charity moved in November 2001.
The company was established under its Memorandum of Association which established the objects and powers of the charitable company and is governed by its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £10.
Appointment and induction of trustees
Trustees are appointed by the members and at each Annual General Meeting, one third of Board Members will retire from office. On retirement, trustees are eligible for re-election. The Articles of Association provides for a minimum of three trustees and no maximum. The trustees are also responsible for the appointment of new members.
New trustees undergo an induction to brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the decision making processes and the recent performance of the charity. They meet key employees and the other trustees.
Organisational policy
The trustees meet every month. The general manager is appointed to manage the day to day operations of the charity. To facilitate effective operations, the general manager has delegated authority, within the terms of delegation approved by the trustees, for operational matters including finance and employment.
Risk assessment policy
The trustees have worked with staff to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
04046637 (England and Wales)
Registered Charity number
1083852
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FARNBOROUGH CHRISTIAN OUTREACH REPORT OF THE TRUSTEES for the ear ended 31 Jul 2020 Reglstered offlce 64 Kingsmead FARNBOROUGH Hamp511ii CIlJ14 7SL Trustees K B Fontana C M Mason J R D.F.dwards D R Palmcr Smsmith Independent Ex#miner IIPC.A Limited Chartcr¢d A¢countants Station House Connaught Road Brookwood Woking SuTrey GU24 OER Approved by order of the board of tJust¢es gn 26 April 2021 and signed on its behalf by.. C M Mason- Tste¢ Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FARNBOROUGH CHRISTIAN OUTREACH
Independent examiner's report to the trustees of Farnborough Christian Outreach ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2020.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company 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 your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
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:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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 accounts to be reached.
Lance Redman FCCA FCA For and on behalf of HPCA Limited Chartered Accountants Station House Connaught Road Brookwood Woking Surrey GU24 0ER
26 April 2021
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FARNBOROUGH CHRISTIAN OUTREACH
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 July 2020
| Unrestricted Restricted funds funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 56,875 - Charitable activities Bookshop 75,977 - Other income 10,771 - Total 143,623 - EXPENDITURE ON Charitable activities Bookshop 137,426 - NET INCOME/(EXPENDITURE) 6,197 - RECONCILIATION OF FUNDS Total funds brought forward 62,511 177 TOTAL FUNDS CARRIED FORWARD 68,708 177 |
2020 Total funds £ 56,875 75,977 10,771 143,623 137,426 6,197 62,688 68,885 |
2019 Total funds £ 58,455 104,501 - 162,956 164,266 (1,310) 63,998 62,688 |
|---|---|---|
The notes form part of these financial statements
Page 5
FARNBOROUGH CHRISTIAN OUTREACH
BALANCE SHEET
31 July 2020
| Unrestricted Restricted funds funds Notes £ £ FIXED ASSETS Tangible assets 7 5,020 - Investments 8 1 - 5,021 - CURRENT ASSETS Stocks 9 72,402 - Debtors 10 8,327 - Cash at bank and in hand 10,873 177 91,602 177 CREDITORS Amounts falling due within one year 11 (27,915) - NET CURRENT ASSETS 63,687 177 TOTAL ASSETS LESS CURRENT LIABILITIES 68,708 177 NET ASSETS 68,708 177 FUNDS 14 Unrestricted funds Restricted funds TOTAL FUNDS |
2020 Total funds £ 5,020 1 5,021 72,402 8,327 11,050 91,779 (27,915) 63,864 68,885 68,885 68,708 177 68,885 |
2019 Total funds £ 8,993 1 8,994 78,110 8,781 497 87,388 (33,694) 53,694 62,688 62,688 62,511 177 62,688 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2020 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
FARNBOROUGH CHRISTIAN OUTREACH BALANCE SHEET- continued 31 Jlll 2020 These financial statements have been pr¢pared in accordance with th¢ provisions applicable to charitabl¢ companie5 Subject to the 8mall coinpallies regiille. The financial statements were approved by tlie Board of Tw$tees and authoribed for issue on 26 April 2021 and were signed on it8 behalf by.. C M Mason- TNstee The notes fonn part of these financial statements Page 7
FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 20 years Plant and machinery - Straight line over 5 years Fixtures and fittings - Straight line over 6 years
Related party exemption
The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Funds
General unrestricted funds represent the funds of the charity that are not subject to any restrictions regarding their use and are available for application on the general purposes of the charity. Funds designated for a particular purpose by the trustees are also unrestricted.
Restricted funds are those subject to specific trusts, which may be declared by the donor or with their authority. The restricted funds of the charity are restricted income funds which are expendable at the discretion of the trustees in furtherance of some particular aspects of the activities of the charity.
continued...
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FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2020
1. ACCOUNTING POLICIES - continued
Funds
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. SUPPORT COSTS
| Finance £ Bookshop 928 Support costs, included in the above, are as follows: Legal and professional Sundries Independent examiner's fees Bookkeeper's fees |
Governance Other costs Totals £ £ £ 1,125 2,725 4,778 2020 2019 Total Bookshop activities £ £ 928 - 1,125 1,800 2,725 2,825 - 2,100 4,778 6,725 |
|---|---|
Support costs, included in the above, are as follows:
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2020 | 2019 | |
|---|---|---|
| £ | £ | |
| Independent examiner's fees | 2,725 | 2,825 |
| Depreciation - owned assets | 4,970 | 4,875 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2020 nor for the year ended 31 July 2019.
continued...
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FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2020
4. TRUSTEES' REMUNERATION AND BENEFITS - continued
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st July 2020 nor for the year ended 31st July 2019.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Retail and administration No employees received emoluments in excess of £60,000. 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 58,455 Charitable activities Bookshop 104,501 Total 162,956 EXPENDITURE ON Charitable activities Bookshop 164,266 NET INCOME/(EXPENDITURE) (1,310) RECONCILIATION OF FUNDS Total funds brought forward 63,821 TOTAL FUNDS CARRIED FORWARD 62,511 |
2020 2 Restricted funds £ - - - - - 177 177 |
2019 2 Total funds £ 58,455 104,501 162,956 164,266 (1,310) 63,998 62,688 |
|---|---|---|
continued...
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FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2020
7. TANGIBLE FIXED ASSETS
| 7. | TANGIBLE FIXED ASSETS | ||||
|---|---|---|---|---|---|
| Improvements | Fixtures | ||||
| to | Plant and | and | |||
| property | machinery | fittings | Totals | ||
| £ | £ | £ | £ | ||
| COST | |||||
| At 1 August 2019 | 85,497 | 14,334 | 25,566 | 125,397 | |
| Additions | - | 997 | - | 997 | |
| At 31 July 2020 | 85,497 | 15,331 | 25,566 | 126,394 | |
| DEPRECIATION | |||||
| At 1 August 2019 | 77,084 | 13,754 | 25,566 | 116,404 | |
| Charge for year | 4,275 | 695 | - | 4,970 | |
| At 31 July 2020 | 81,359 | 14,449 | 25,566 | 121,374 | |
| NET BOOK VALUE | |||||
| At 31 July 2020 | 4,138 | 882 | - | 5,020 | |
| At 31 July 2019 | 8,413 | 580 | - | 8,993 | |
| 8. | FIXED ASSET INVESTMENTS | ||||
| Shares in | |||||
| group | |||||
| undertakings | |||||
| £ | |||||
| MARKET VALUE | |||||
| At 1 August 2019 and 31 July 2020 | 1 | ||||
| NET BOOK VALUE | |||||
| At 31 July 2020 | 1 | ||||
| At 31 July 2019 | 1 |
There were no investment assets outside the UK.
The company's investments at the balance sheet date in the share capital of companies include the following:
continued...
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FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2020
8. FIXED ASSET INVESTMENTS - continued
The Triangle Cafe Limited
Registered office: Nature of business: Coffee shop
| % Class of share: holding Ordinary 100 Aggregate capital and reserves Loss for the year 9. STOCKS Stocks 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors VAT Prepayments and accrued income 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Bank loans and overdrafts (see note 12) Other loans (see note 12) Trade creditors Social security and other taxes Other creditors Accruals and deferred income |
31.7.20 £ (42,579) (11,654) 2020 £ 72,402 2020 £ 1,154 1,984 5,189 8,327 2020 £ - 3,500 20,698 212 456 3,049 27,915 |
31.7.19 £ (30,925) (6,916) 2019 £ 78,110 2019 £ - 1,143 7,638 8,781 2019 £ 1,410 3,500 21,069 176 4,375 3,164 33,694 |
|---|---|---|
continued...
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FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2020
12. LOANS
An analysis of the maturity of loans is given below:
| Amounts falling due within one year on demand: Bank overdrafts Other loans |
2020 £ - 3,500 3,500 |
2019 £ 1,410 3,500 4,910 |
|---|---|---|
13. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
| Within one year Between one and five years |
2020 £ 15,000 47,500 62,500 |
2019 £ 4,667 - 4,667 |
|---|---|---|
14. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At 1.8.19 | in funds | 31.7.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 52,329 | 11,334 | 63,663 |
| Fixed Asset Fund | 10,182 | (5,137) | 5,045 |
| 62,511 | 6,197 | 68,708 | |
| Restricted funds | |||
| Buy a bulb | 177 | - | 177 |
| TOTAL FUNDS | 62,688 | 6,197 | 68,885 |
continued...
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FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2020
14. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Fixed Asset Fund TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 143,622 (132,288) 11,334 1 (5,138) (5,137) 143,623 (137,426) 6,197 143,623 (137,426) 6,197 |
|---|---|
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.8.18 | in funds | 31.7.19 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 49,951 | 3,567 | 53,518 |
| Fixed Asset Fund | 13,870 | (4,877) | 8,993 |
| 63,821 | (1,310) | 62,511 | |
| Restricted funds | |||
| Buy a bulb | 177 | - | 177 |
| TOTAL FUNDS | 63,998 | (1,310) | 62,688 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Fixed Asset Fund TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 162,956 (159,389) 3,567 - (4,877) (4,877) 162,956 (164,266) (1,310) 162,956 (164,266) (1,310) |
|---|---|
continued...
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FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2020
14. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.8.18 | in funds | 31.7.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 49,951 | 14,901 | 64,852 |
| Fixed Asset Fund | 13,870 | (10,014) | 3,856 |
| 63,821 | 4,887 | 68,708 | |
| Restricted funds | |||
| Buy a bulb | 177 | - | 177 |
| TOTAL FUNDS | 63,998 | 4,887 | 68,885 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Fixed Asset Fund TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 306,578 (291,677) 14,901 1 (10,015) (10,014) 306,579 (301,692) 4,887 306,579 (301,692) 4,887 |
|---|---|
Unrestricted funds
The fixed asset fund is a designated fund and represents the net book value of fixed assets of the charity, for the purpose of freeing reserves that are not available for expenditure. Transfers relate to assets capitalised during the year, and outgoing resources represent depreciation charged during the year.
Restricted Fund
The Buy a Bulb fund is as a result of an appeal to pay for the new LED lights installed in the bookshop to enhance the displays.
Page 15
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FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2020
15. RELATED PARTY DISCLOSURES
The charity owns the entire share capital of The Triangle Cafe Limited (referred to as the cafe), a limited company registered in England and Wales. This year no management charges (2019: £nil) were passed onto the cafe.
The charity did not receive a donation from the cafe this financial year (2019: £nil).
At the end of the year, a balance of £37,967 was due from the cafe (2019: £37,967). In view of the fact The Triangle Cafe Limited was insolvent as at 31st July 2020, a further provision of £10,815 against this debt has been made in the accounts of Farnborough Christian Outreach (2019: £8,080).
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FARNBOROUGH CHRISTIAN OUTREACH
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 July 2020
| INCOME AND ENDOWMENTS Donations and legacies Donations and membership fees Charitable activities Bookshop sales Other income Other income Other income Grant Income Total incoming resources EXPENDITURE Charitable activities Wages Rates and water Insurance Light and heat Telephone and internet Postage and stationery Advertising Sundries Purchases Rent Repairs and maintenance Dues and subscriptions Depn improvements to property Depn plant and machinery Computer equipment Bank charges and interest Credit card commission Credit card costs Provision against subsidiary |
2020 £ 56,875 75,977 15 10,756 10,771 143,623 17,189 604 2,103 5,334 3,556 1,835 312 53 57,765 9,792 16,593 114 4,275 695 168 416 609 420 10,815 132,648 |
2019 £ 58,455 104,501 - - |
|---|---|---|
| - | ||
| 162,956 15,709 1,068 1,954 4,838 4,737 1,966 983 503 67,453 28,000 14,437 1,092 4,290 587 - 624 805 415 8,080 |
||
| 157,541 |
Support costs
This page does not form part of the statutory financial statements
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FARNBOROUGH CHRISTIAN OUTREACH
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 July 2020
| Support costs Finance Legal and professional Other Sundries Governance costs Independent examiner's fees Bookkeeper's fees Total resources expended Net income/(expenditure) |
2020 £ 928 1,125 2,725 - 2,725 137,426 6,197 |
2019 £ - 1,800 2,825 2,100 4,925 164,266 (1,310) |
|---|---|---|
This page does not form part of the statutory financial statements
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