2020-12-31-accounts - New Wine International

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				Uorsut	Dcsig-			Group	Group	Charity	Charity
			Note	ricted	nated		Restricted	2020	2019	2020	2019
				Fund	Fund		Fund
				f	f		f	I	f	f	f
Income and Expenditure
Incoming Resources
Incoming resources from	generated
fllnds:
Voluntary income:
Donations and legacies			2	1,658,646				1,658,646	1,606,099	1,623,646	1,606,099
				1,658,646				1,658,646	1,606,099	1,623,646	1,606,099
Incoming resources from	charitable
activities:
Book shop			3	1446				1,246	14.007	1346	14,007
investment income			4	72,986				72,986	55,974	72,986	55,974
Trading income			5	240				240	16,164
Total Incoming Resources				1,733,118		0	0	1,733,118	1,692,244	1,697,878	1,676,080
Expenditure
Raising funds			8	6,672				6,672	14,233	6,672	14,233
Trading Expenses			5	46,402				46,402	49,765
Charitable activities			6	1,663,500				1,663.500	2,313,704	1,663,500	2,313,704
Total Expenditure				1,716,574				1,716,574	2,377,702	1,670,172	2,327,937
Net Income/(expenditure)	and net			16,544				16.544	-685,458	27,706	-651,857
movemcnts in funds for the		year
Reconciliation offunds
Total Funds Brought Forward		at01/01/20		6,034,938				6,034,938	6,720,396	6,470,599	7,122,456
Prior Year Adjustment			20	6,360				6,360		6,360	0
Total Funds Carried Forward		at 31/12/2020		6,057,842		0	0	6,057,842	6,034,938	6,504,665	6,470,599

						Group	Group	Charity	Charity
					Note	2020	2019	2020	2019
Fixed Assets
Tangible Assets					12	7,532,920	7,262,380	6,304,443	6,315,564
Investments					13			300	300
						7,532,920	7,262,380	6,304,743	6,315,864
Current Assets
Stock							2,500	0	2,500
Debtors					15	332,705	743,449	2,031,236	2,119,267
Cash at Bank		and	in Hand			513,510	563,758	488,579	562,074
						846,215	1,309,707	2,519,815	2,683,841
Creditors: Amounts				falling due
within			one year		16	454,860	458,549	453,460	450,506
Net Current		Assets				391,355	851,158	2,066,355	2,233,335
Total Assets		Less Current Liabilities				7,924,275	8,113,538	S,371,098	8,549,199
Creditors: Amounts				falling due over	17	1,866,433	2,078,600	1,866,433	2.078,600
one		year
Net Assets						6,057,842	6,034,938	6,504,665	6,470,599
Represented		By:
Non-Charitable		Trading Funds			19	-446,823	-435,661
Unrestricted	Funds				19	6,504,665	6,470,599	6,504,665	6,470,599
						6,057,842	6,034.938	6,504,665	6.470,599

					2020	2019
					f	f
Cash used in operating	activities
Net movememt in funds					16,544	685,458
Add back depreciation					261,973	237359
Deduct interest income
in investing activities					50	11,059
Add interest paid					69,864	86,367
(Increase) decrease in stocks					2,500
(Increase) Decrease in debtors					410,744	79349
Increase (decrease) in creditors					3,689	90,104
					757dgt6	203,438
Cash flows from investing		activities
Purchase oftangible fixed		assets			844.346	1,003.004
Interest income					50	11,059
Interest paid					69,864	86,367
Cash provided by (nsed	in)		investing
activities					914,160	1,078412
Cash flows from financing			activities
New loans in year
Repayment ofborrowing					212,167	209,421
Proceeds ofsale offixed	assets				318,193
Cash used in fiaaaciag	nativities				106,026	209,421
Increase (decrease) in cash		and cash
equivalents in the yem					50448	1,491,171
Cash and cash equivalents		at	the
beginning ofthe year					563,758	2,054,929
Total cash and cash equivalents				at the end
ofthe year					513)510	563,758

1.9 Foreign Currencies
Monetary assets and liabilities in foreign cununcies are translated into sterling atthe rates	ofexchange
ruling at the balance sheel date. Transactions in foreign cturencfes are translated into sterling at the rate
ruling on the date ofthe tisnstxuoa. Exchange differences sre taken into account in arriving at the
operating profit.
The functional currency is2sterling.
1.10Debtors Basic financial assets, including mule and other debuna, and debts from related pames are initially recognised at transaction price, unless the~t constitutes a financial uansaction, where the
transaction is messmed at tbe present value offuture receipts discocuted at amarket rate ofinterest
Such assets are subsequently cerned at amorlised casts using the effective kucum method,	less any
impairmcnL
1.11Cash and Cash Equivalents
Cash and cash equivalents are ccpscseated by cash in band aud deposits hdd at call with financial
Ills'tltutlcns.
1.12Creditors
Basic financial liabilities, including trade, related parties and other creditom, loans from third parties and
loans from related parties are intitially recognised at transaction price, unless tbe smmgement
constitutes a financial transaction, where the debt iustnuuent is measured at the present value ofthe
future payments discounted at amarket rate ofinteresk Such iustrulnents are subsequently	cerned
at amortiscd cost using the effective interest method, less any impairment.
1.13Interest income
Interest mcome is recognised in profit orloss using ihe efiective interest method.
1.14 Going concern
At the end ofthe year the gmup has net current assets off391,333and net assets of	K6,057,842.
The results for the year show the gmup had a surplus of216,544

		Gmup	Chwfty	Gmup	Charity
		2020	2020	2019	2019
		Unrestricted	Unrestricted	Unrestricted	Umemricted
			f		8
2.Donations	and Legacies
Donations		1,214,155	1,214,155	1,381,119	1,381,119
Gift Aid		203,007	203,007	224,980	224,980
Business Rates		45,000	10,000		0
Coronavirus	Job Retention Scheme	196,484	196,484
		1,658,646	1,623,646	1,606,099	1,606,099
		Group	Charity	Group	Charity
		2020	2020	2019	2019
3.Shop income		Unrestricted	Unrestricted f	Umestrictcd f	Unrestricted
Shop mcome		1,246	1346	14,007	14,007
		1346	1,246	14,007	14,007
		Gmup	Charity	Gmup	Charity
		2020	2020	2019	2019
4.Investment	income	Unrestricted	Unrestricted	Unrestricted	Unresuicted
			f	f
Deposit account interest		50	50	11,059	11,059
Rent Received		72,936	72,936	44,915	44,915
		72,986	72,9&6	55,974	55,974
5.Trading Income and Costs
		2020			2,019
		6			6
Trading Income		240			16,164
Administration		-46,402			-49,765
Government grant received		35,000
Operating	Profit/(Loss)	-11,162			16,164
Profit/(Loss)		-11,162			16,164

Cost ofcharitable activities
	Unrest-	Designated	Reshictad	Total	Total
	bled
				2020	2019
	f			f	f
StaffCasts	523,989			523,989	539,242
Social Security cast	45,244			45244	53,719
Employer's pension cost	38,635			38,835	37,720
Rent aud rates	3,537			3,537	19,810
insurance	13,325			13,325	19,897
Statf medical aad life insurance	26,289			26,289	30,928
Light and heat	24,329			24,329	33,745
Telephone	14,607			14,697	9,716
Post, stationery snd soihvare	10,009			10,009	10,966
Mission and ministry giga	71,530			71,530	146,738
Chttstmm cclcbrstam	53,322			53,322	63,781
Mimstpl cxpcllscs	144,709			144,709	334,725
Trsmmg cxpcnscs	58,260			58,260	52,415
Service charges	17,953			17,953	18,952
Repairs and maintenance	95,513			95,513	81,720
TV and radio broadcast	103,987			103,987	117,599
Outreach events	58,059			56,059	109,838
Easter celebration	0			0	7,813
New year celebration	6,198			6,198	27,268
Music production coal	0			0	18,328
Convention	2,694			2,694	216,828
Subscripttons	10,581			10,561	4,347
Depreciation —fixtures R fittings	48,495			48,495	43,725
Depreciation —freehold property	167,962			167,962	184,323
Depreciation —plant tk macbinety	B,BM			6,008	2,950
Mortgage interest	69.864			69.864	88,367
Advertising	6,998			6,998	0
Governance cost (note 8)	43,423			43,423	60,444
	1,663,500			1,663,590	2,313,704

			Unrmt-	Total	Total
			icied
				2020	2019
				f	f
7.	Governance	costs
	Auditor's remeaeration		6,600	6,600	6,600
	Legal and professional		20,388	20,388	32,046
	Bank charges		16,435	16.435	23,398
			43,423	43,423	62.044

12. Fixed Assets		For tbe Ye	ar Ended 31	December 2	020
	Furniture	Freehold	Motor	Machinety	Total
	Fixtures St	Propeny	Vehicles
	Equipment
	E
Cost
At IJanuary 2020	934,213	9,430,143	23,658	435,956	10,823,970
Addition	23,014	821,332			844,346
Disposal	-200	-317993	-23,658		-341,851
At 31December 2020	957,027	9,933,482	0	435,956	11,326,465
Depreciation:
At I Janumy 2020	822,331	2,288,362	23,658427,239		3,561,590
Charge for the year	50,857	205,108		6,00S	261,973
Disposal		4,360	-23,658		-30,018
At 31December 2020	873,1882,487,110		0	433,247	3,793,545
Net BookValue:
At 31December 2020	83,839	7,446,372		2,709	7,532,920
At 31December 2019	111,882	7,141,7$1		8,717	7,262,3$0
13. Fixed Asset Invcstntent			Substdiary
			Undertaking		Total
			Shares
			f
Cast
At 31December 2020			300		300
At 31December 2019			300		300

14.	Stock
				2020	2019
				f	f.
	Books,	tapes etc		0	2500
15.	Debtors
				Group	Group	Charity	Ciuuity
				2020	2019	2020	2019
				f	f	f
	Amounts	owed by group undertakings				1,699,338	1,375,818
	Other debtors			312,008	733,838	312,00&	733,838
	Prepayments			20,697	9,611	19,890	9,611
				332,705	743,449	2,031,236
16.	Creditors: Amounts		falfiag duc within one year
				Group	Group	Charity	Cbmity
				2020	2019	2020	2019
					E	f	f
	Bank loans and overdrails			285,417	290,162	285,417	290,162
	Trade creditors			18,470	55,558	18,470	48,715
	Other Taxes dt Social		Security	34,917	29,474	34,917	29,474
	Other creditors			4,260	4,313	4,260	4,313
	Deferred	income		7,555	13,922	7,555	13,922
	Accrued	expenses		104,241	65,120	102,841	63,920
				454,860	45$,549
				21

Cred	itors: Amounts falling	duc over oae year
		Gmup	Group	Charity	Charity
		2020	2019	2020	2019
		f	f		f
Bank	Loans	1,866433	2078600	1,866,433	2,078,600

.Movement i	a Funds
		Balsnoe	Incoming	Resources	Prior Year	Balance
		At	Resources	Expended	Adjustment	At
		01/01/2020				31/I2/2020
		f				f
Unrestricted	funds
Geoeral fund		6,470,599	1,697,878	1,670,172	6,360	6,504,665
Total funds		6,470,599	1,697,$78	1,670,172	6,360	6,504,665

19. Analysis ofNct Assets Betw	een Funds
	Restricted	Unrestricted	Non-Charimbte	Designated	Revaluation		Total
			Trading Funds
		f					f
Current Assets	0	2,066,355	-1,675,000				391355
Fixed Assets	0	6304,443	1,228,477			0	7,532,920
Loan		-1,866,433					-1,866,433
investment		300	-300				0
	0	6,504,665	-446,823	0		0	6,057,842

		Gateway	Gateway	Vista		Ncw Wine		Gateway	Vista		New Wine
		Incorporated		lfospltslity		Central		lacorporsted	Hospitality		Central
		Ltd		Ltd		Ltil		Ltd	Ltd		Ltd
			2020		2020		2020	2019		2019		2019
Trading Income			240					16,164
Admmistrauon			46,402					-49,765
Other opeiatmg	mcome		35,000
Operating Profit/(Loss)			-I 1,162					-33,601
Surplus			-11,162					-33,601
The aggregate ofthe assets.		liabilities	and 1'unde were.
Assets			1,254,015		'I00		100	948,300		100		100
I iabilit ice			-1,700,738		0			-1,383,861		0		0
Shareholder Punds			-446,723				100	-435,561		100