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|Reference and administrative|details ofthe Charity,|its Trustees and advisers||
|Trustees'
report|||2-4|
|Independent
examiner's
report|||5-6|
|Statement offinancial activities||||
|Balance sheet||||
|Statement ofcash flows||||
|Notes to the financial statements|||10-25|
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
||||Note|2020|2020|2020f|2019|
|Income from:||||||||
|Donations
and|legacies|||445,647|78,745|524,392|440,484|
|Investments||||109||109|437|
|Total income||||445,756|78,745|524,501|440,921|
|Expenditure
on:||||||||
|Charitable
activities||||260,694|47,502|308,196|403,177|
|Total expenditure||||260,694|47,502|308,196|403,177|
|Net movement|in funds|||185,062|31,243|216,305|37,744|
|Reconciliation|offunds:|||||||
|Total funds brought||forward||486,035|462,137|948,172|910,428|
|Net movement|in funds|||185,062|31,243|216,305|37,744|
|Total funds carried forward||||671,097|493,380|1,164,477|948,172|
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||||Note||2020f||2019|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Tangible assets|||10||2,324,230||2,287,820|
||||||2,324,230||2,287,820|
|Current assets||||||||
|Debtors||||38,156||32,454||
|Cash at bank and|in hand|||451,482||303,311||
|||||489,638||335,765||
|Creditors: amounts|falling due within one|||||||
|year|||12|(130,688)||(119,922)||
|Net current assets|||||358,950||215,843|
|Total assets less|current liabilities||||2,683,180||2,503,663|
|Creditors: amounts|falling due after more|||||||
|than one year|||||(1,518,703)||(1,555,491)|
|Net assets excluding||pension asset|||1,164,477||948,172|
|Total net assets|||||1,164,477||948,172|
|Charity funds||||||||
|Restricted funds|||14||493,380||462,137|
|Unrestricted
funds|||14||671,097||486,035|
|Total funds|||||1,164,477||948,172|
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||||STATEMENT OF|STATEMENT OF|CASH FLOWS|||
|---|---|---|---|---|---|---|---|
|||FOR THE||YEAR ENDED 31 DECEMBER 2020||||
|||||||2020|2019f|
|Cash flows from operating||activities||||||
|Net cash used
in operating|activities|||||284,387|200,155|
|Cash flows from investing||activities||||||
|Dividends,
interests
and rents from investments||||||109|437|
|Purchase oftangible
fixed assets||||||(99,319)|(2,275,489)|
|Net cash used
in investing||activities||||(99,210)|(2,275,052)|
|Cash flows from financing||activities||||||
|Cash inflows from new borrowing|||||||1,552,457|
|Repayments
of borrowing||||||(37,006)||
|Net cash (used in)/provided||by financing||activities||(37,006)|1,552,457|
|Change
in cash and cash||equivalents|in|the year||148,171|(522,440)|
|Cash and cash equivalents||at the beginning||ofthe year||303,311|825,751|
|Cash and cash equivalents||at the end ofthe year||||451,482|303,311|
|The notes on pages 10to 25 form part|||ofthese financial||statements|||
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|Unrestricted|Restricted|Total|
|---|---|---|
|funds|funds|funds|
|2019|2019|2019|
|418,389|22,095|440,484|
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||||||Unrestricted|Total|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2020|2020|
|Investment|income|-|local|cash|109|109|
||||||Unrestricted|Total|
||||||funds|funds|
||||||2019|2019|
|Investment|income|-|local|cash|437|437|
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|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2020|2020|2020|
|Advancement|of|Christian|Faith|260,694|47,502|308,196|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2019|2019|2019|
|Advancement|of|Christian|Faith|357,667|45,510|403,177|
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|||||Activities|||
|---|---|---|---|---|---|---|
|||||undertaken|Support|Total|
|||||directly|costs|funds|
|||||2020|2020|2020|
|Advancement|of|Christian|Faith|246,933|61,263|308,196|
|||||Acti'vitl'es|||
|||||undertaken|Support|Total|
|||||directly|costs|funds|
|||||2019|2019|2019|
|Advancement|of|Christian|Faith|276,828|126,349|403,177|
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||||Advanceme||
|---|---|---|---|---|
||||nt of||
||||Christian|Total|
||||Faith|funds|
||||2020|2020|
|Staff costs|||73,974|73,974|
|Depreciation|||62,909|62,909|
|Donation|||38,529|38,529|
|Premises costs|||20,467|20,467|
|Communcation||costs|2,722|2,722|
|Honourarium|||500|500|
|Mortgage|interest||47,832|47,832|
||||246,933|246,933|
||||Advancemen||
||||tofChristian|Total|
||||Faith|funds|
||||2019|2019|
|Staff costs|||73,302|73,302|
|Depreciation|||71,269|71,269|
|Donations|||71,982|71,982|
|Travel and|accomodation||2,859|2,859|
|Premises costs|||46,985|46,985|
|Communcation||costs|1,220|1,220|
|Honourarium|||300|300|
|Mortgage|interest||8,911|8,911|
||||276,828|276,828|
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|||Advanceme||
|---|---|---|---|
|||nt of||
|||Christian|Total|
|||Faith|funds|
|||2020|2020|
|Staff costs||19,600|19,600|
|Premises costs||2,274|2,274|
|Bank charges||1,998|1,998|
|Office expenses||3,111|3111|
|Motor vehicle|expenses|3,260|3,260|
|Printing
postage and stationery||115|115|
|Insurance||16,881|16,881|
|Volunteer||4,500|4,500|
|HP Interest||343|343|
|Repairs and maintenance||3,601|3,601|
|Governance|costs|5,580|5,580|
|||61,263|61,263|
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|Analysis of|support costs (continued)|||
|---|---|---|---|
|||Advancernen||
|||tofChristian|Total|
|||Faith|funds|
|||2019|2019|
|Staff costs||19,850|19,850|
|Donations||500|500|
|Music expenses||2,200|2,200|
|Refreshment||343|343|
|Software||250|250|
|Premises costs||5,221|5,221|
|Bank charges||13,350|13,350|
|Office expenses||2,534|2,534|
|Professional|fees|50,300|50,300|
|Motor vehicle|expenses|4,506|4,506|
|Children
church||503|503|
|Printing
postage and stationery||1,272|1,272|
|Insurance||4,170|4,170|
|HP Interest||1,334|1,334|
|Repairs and maintenance||14,436|14,436|
|Governance|costs|5,580|5,580|
|||126,349|126,349|
##
|Independent|examiner's
re|m|uneration|||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|Fees payable|to the Charity's||independent|examiner|for the independent|||
|examination|ofthe Charity's|annual
accounts||||1,080|1,080|
|Fees payable|to the Charity's||independent|examiner|in respect of:|||
|All other services not included|||above|||4,500|4,500|
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|Staff costs||||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||E||
|Wages and|salaries|||86,040|85,537|
|Social security costs||||3,934|4,015|
|Contribution|to defined|contribution|pension schemes|3,600|3,600|
|||||93,574|93,152|
|2020|2019|
|---|---|
|No.|No.|
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||Freehold|Motor|Office||
|---|---|---|---|---|
||property|vehicles|equipment|Total|
||||E||
|Cost or valuation|||||
|At 1 January 2020|2,275,489|81,915|170,721|2,528,125|
|Additions|96,981||2,338|99,319|
|At 31 December 2020|2,372,470|81,915|173,059|2,627,444|
|Depreciation|||||
|At 1 January 2020|45,510|43,528|151,267|240,305|
|Charge for the year|47,449|9,597|5,863|62,909|
|At 31 December 2020|92,959|53,125|157,130|303,214|
|Net book value|||||
|At 31 December 2020|2,279,511|28,790|15,929|2,324,230|
|At 31December 2019|2,229,979|38,387|19,454|2,287,820|
##
|||2020f|2019|
|---|---|---|---|
|Due within one year||||
|Other debtors||24,184|19,482|
|Prepayments|and accrued income|13,972|12,972|
|||38,156|32,454|
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||||2020|2019|
|---|---|---|---|---|
||||E||
|Bank loans|||47,228|10,440|
|Other loans|||11,493|10,485|
|Trade creditors||||6,248|
|Other taxation and social security|||620||
|Obligations
under finance lease and hire purchase||contracts||2,160|
|Other creditors|||215|10,389|
|Accruals and deferred|income||71,132|80,200|
||||130,688|119,922|
##
|||2020|2019|
|---|---|---|---|
|Bank loans||1,518,703|1,555,491|
|Included
within the above are amounts|falling due as follows:|||
|||2020|2019|
|Between one and two years||||
|Bank loans||47,228|62,637|
|Between two and five years||||
|Bank loans||188,911|250,549|
|Over five years||||
|Bank loans||1,282,564|1,242,305|
##
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|Stateme|nt of|fun|ds - cur|rent year|||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|
||||||Balance at 1|||31|
||||||January|||December|
||||||2020|Income|Expenditure|2020|
|Unrestricted||funds|||||||
|General|Funds||||486,035|445,756|(260,694)|671,097|
|Restricted funds|||||||||
|Church|Freehold||Property|Fund|459,517|44,142|(10,279)|493,380|
|Building|Fund|||||32,863|(32,863)||
|Welfare|Fund||||2,620|1,740|(4,360)||
||||||462,137|78,745|(47,502)|493,380|
|Total offunds|||||948,172|524,501|(308,196)|1,164,477|
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|||||||||Balance at|
|---|---|---|---|---|---|---|---|---|
||||||Balance at|||31|
||||||1January|||December|
||||||2019|Income|Expenditure|2019|
|Unrestricted||funds|||||||
|General|Funds||||415,965|418,826|(348,756)|486,035|
|Restricted funds|||||||||
|Church|Freehold||Property|Fund|493,892|20,046|(54,421)|459,517|
|Welfare|Fund||||571|2,049||2,620|
||||||494,463|22,095|(54,421)|462,137|
|Total offunds|||||910,428|440,921|(403,177)|948,172|
|Summary|offunds - current y|ear||||
|---|---|---|---|---|---|
||||||Balance at|
|||Balance at 1|||31|
|||January|||December|
|||2020|Income|Expenditure|2020|
|General funds||486,035|445,756|(260,694)|671,097|
|Restricted|funds|462,137|78,745|(47,502)|493,380|
|||948,172|524,501|(308,196)|1,164,477|
##
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|Summary|offunds - prior year|||||
|---|---|---|---|---|---|
||||||Balance at|
|||Balance at|||31|
|||1January|||December|
|||2019|Income|Expenditure|2019|
|General funds||415,965|418,826|(348,756)|486,035|
|Restricted|funds|494,463|22,095|(54,421)|462,137|
|||910,428|440,921|(403,1TT)|948,172|
##
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|Analysis
Analysis|of net assets between funds
of net assets between funds - current period||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2020|2020|2020|
|Tangible|fixed assets|1,830,850|493,380|2,324,230|
|Current|assets|489,638||489,638|
|Creditors|due within one year|(130,688)||(130,688)|
|Creditors|due in more than one year|(1,518,703)||(1,518,703)|
|Total||671,097|493,380|1,164,477|
|Analysis|of net assets between funds - prior period||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2019|2019|2019|
|Tangible|fixed assets|1,825,683|462,137|2,287,820|
|Current|assets|335,765||335,T65|
|Creditors|due within one year|(119,922)||(119,922)|
|Creditors|due in more than one year|(1,555,491)||(1,555,491)|
|Tl||486,035|462,137|948,172|
##
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|17.|Reconciliation
of|net movement|net movement|in funds|to net cash flow from|operating|activities||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
||||||||E||
||Net income for the|period (as per Statement|||of Financial Activities)||216,305|37,744|
||Adjustments
for:||||||||
||Depreciation
charges||||||15,460|25,758|
||Amortisation
charges||||||47,449|45,510|
||Dividends,
interests||and rents from investments||||109|437|
||Decrease/(increase)||in debtors||||(5,702)|17,384|
||Increase
in creditors||||||10,766|73,322|
||Net cash provided||by operating|activities|||284,387|200,155|
|18.|Analysis ofcash|and cash equivalents|||||||
||||||||2020f|2019|
||Cash
in hand||||||451,482|303,311|
||Total cash and cash equivalents||||||451,482|303,311|
|19.|Analysis ofchanges
in net debt||||||||
|||||||At 1||At 31|
|||||||January||December|
|||||||2020|Cash flows|2020|
||Cash at bank and|in|hand|||303,311|148,171|451,482|
||Debt due within
1 year|||||(20,925)|(37,796)|(58,721)|
||Debt due after
1 year||||(1,555,491)||36,788|(1,518,703)|
||Finance leases|||||(2,160)|2,160||
||||||(1,275,265)||149,323|(1,125,942)|
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