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|Contents|Contents|Contents|Contents||||
|---|---|---|---|---|---|---|
|Reference and administration
details for the year ending 31December||||2020|||
|Trustees'
report for the year ending 31December 2020.|||||||
|Objectives and Activities. ....|||||||
|Achievements
and Performance|||||||
|Statement
ofTrustees'
responsibilities|||||||
|Independent
examiners
report to the members|ofRestore Community|||Church for the year ending 31|||
|December 2020..||||||12|
|Statement
offinancial
activities
(including the income and Expenditure||||Account) for the year|ending 31||
|December 2020..||||||. 14|
|Statement
offinancial
activities
(including the Income and Expenditure||||Account) for the year|ending 31||
|December 2019||||||...15|
|Balance Sheet for the year ending 31December|2020.||||||
|Notes to the financial statements
for the year ending 31December|||2020..|||17|
|1.
Accounting
Policies .||||||... 17|
|2.
The legal status ofthe charity||||||...19|
|3.
Income from donations.||||||...19|
|4.
Investment
Income ..||||||... 19|
|5.
Analysis of expenditure
ofcharitable
activities||||||...20|
|6.
Analysis ofgrants .||||||....20|
|7.
Analysis ofgovernance
and support costs.||||||....20|
|8.
Net income/
(expenditure)
for the year||||||21|
|9.
Analysis ofstaff costs, trustee remuneration||and expenses,|and|the key management|personnel|...... 21|
|10.
Staff numbers||||||21|
|11.
Related party transactions.||||||21|
|12.
Corporation
Taxation||||||21|
|13.
Fixed assets.||||||22|
|14.
Debtors ...................................................||............||||22|
|15.
Creditors: Amount
falling due within|one|year||||22|
|16.
Analysis ofcharitable
funds.||||||23|
|17.
Analysis ofnet assets between funds.||||||24|
|18.
Other financial commitments.||||||25|
|19.
Ultimate
control||||||25|
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||||Note|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2020|2019|
|||||E|f|E|E|
|Income from:||||||||
|Donations||||443,989|11,118|455,107|475,602|
|Investments||||4||4|14|
|Other||||16,883||16,883|16,312|
|Tota I Income||||460,876|11,118|471,994|491,928|
|Expenditure
on:||||||||
|Charitable
Activities||||392,032|12,487|404,519|514,914|
|Total Expenditure||||392,032|12,487|404,519|514,914|
|Net Income /|(expenditure)|||68,844|(1,369)|67,475|(22,986)|
|Transfers
between||funds||929|(929)|||
|Net movement|in funds|||69,773|(2,298)|67,475|(22,986)|
|Reconciliation|offunds:|||||||
|Total funds brought||forward||15,753|19,913|35,666|58,652|
|Total funds carried||forward||85,526|17,615|103,141|35,666|
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||||Note|Unrestricted|Restricted|Designated|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|2019|
|||||E|E|E|E|
|Income from:||||||||
|Donations||||465,418|9,532|652|475,602|
|investments||||14|||14|
|Other||||16,312|||16,312|
|Tota I Income||||481,744|9,532|652|491,928|
|Expenditure
on:||||||||
|Charitable
Activities||||454,185|30,350|30,379|514,914|
|Total Expenditure||||454,185|30,350|30,379|514,914|
|Net Income /|(expenditure)|||27,559|(20,818)|(29,727)|(22,986)|
|Transfers
between||funds||(31,802)|6,849|24,953||
|Net movement|in funds|||(4,243)|(13,969)|(4,774)|(22,986)|
|Reconciliation|offunds:|||||||
|Total funds brought||forward||19,996|33,882|4,774|58,652|
|Total funds carried||forward||15,753|19,913||35,666|
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|Balance|Sheet|for the yea|r ending|31Decembe|r 2020||
|---|---|---|---|---|---|---|
|||||Note|2020|2019|
||||||E|f|
|Fixed assets|||||||
|Tangible assets||||13|5,921|7,884|
|Current assets|||||||
|Debtors||||14|10,320|17,022|
|Cash at bank|and in|hand|||107,536|19,283|
||||||117,856|36,305|
|Liabilities|||||||
|Creditors: Amounts||falling due within|one year|15|(20,636)|(8,523)|
|Net current|assets||||97,220|27,782|
|Net assets|||||103,141|35,666|
|Funds|||||||
|Unrestricted|reserve|||16|85,526|15,753|
|Restricted
reserve|||||17,615|19,913|
|Total funds|||||103,141|35,666|
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|ncome from donations|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||Funds|Funds|2020|2019|
||E|E|E|E|
|General giving|9,400|8,950|18,350|41,277|
|Gift aid giving|434,589|2,168|436,757|434,325|
||443,989|11,118|455,107|475,602|
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||Unrestricted|Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|2020|
||||f|f|
|Church, Pastoral and Mission||270,768|3,686|274,454|
|Youth and Children||1,162||1,162|
|Community||56,931|7,999|64,930|
|External giving|||802|802|
|Governance
costs (see note 7)||1,620||1,620|
|Support costs (see note 7)||61,551||61,551|
|||392,032|12,487|404,519|
||Unrestricted|Restricted|Designated|Total|
||Funds|Funds|Funds|2019|
||E|E|E|f|
|Church, Pastoral and Mission|354,136|||354,136|
|Youth and Children|7,454|||7,454|
|Community|21,997|13,093|4,306|39,396|
|External giving||17,257|26,073|43,330|
|Governance
costs (see note 7)|1,620|||1,620|
|Support costs (see note 7)|68,978|||68,978|
||454,185|30,350|30,379|514,914|
|nalysis ofgrants|||||
|||Grants to||Total|
|||institutions||2019|
||||E|f|
|Restore Community||55,210||55,210|
|||55,210||55,210|
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|||General|Governance||
|---|---|---|---|---|
|||supportf|Function
E|Total
E|
|General office||45,111||45,111|
|Salaries, wages and related costs||14,820||14,820|
|Independent|examiner||1,620|1,620|
|||59,931|1,620|61,551|
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|his is state|d afte|r charging:|||
|---|---|---|---|---|
||||2020|2019|
||||E|f|
|Depreciation|||3,892|3,900|
|Operating|leave|payments|5,528|1,278|
|Examiner|fees||1,620|1,620|
##
||2020|2019|
|---|---|---|
||E|f|
|Salaries and wages|222,738|233,362|
|Social security costs|18,420|16,893|
|Pension costs|8,662|6,652|
||249,820|256,907|
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|Cost||Equipment|Total|
|---|---|---|---|
|||E|E|
|At 1January|2020|24,775|24,775|
|Additions||1,929|1,929|
|Disposals||||
|At 31December 2020||26,704|26,704|
|Accumulated|depreciation|||
|At 1January|2020|16,891|16,891|
|Charge for the year||3,892|3,892|
|Disposals||||
|At 31December 2020||20,783|20,783|
|Net book value||||
|At 31 December 2020||5,921|5,921|
|At 1January|2020|7,884|7,884|
||2020|2019|
|---|---|---|
||E|E|
|Gift Aid Tax recoverable|5,713|6,560|
|Other debtors|4,607|10,462|
||10,320|17,022|
||2020|2019|
|---|---|---|
||E|E|
|Taxation and social security|3,999|4,306|
|Other creditors|15,037|2,617|
|Accruals|1,600|1,600|
||20,636|8,523|
##
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||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
||||||||E|f|
|Balance|brought|forward||at 1January||15,753||19,996|
|Incoming resources||||||460,876||481,744|
|Resources expended||||||(392,032)||(454,185)|
|Transfer|to designated||funds|||||(32,828)|
|Transfer|from designated|||funds||||7,875|
|Transfers from restricted||||funds|||929|(6,849)|
|Balance|ca'rried|forward||at31December 2020||85,526||15,753|
|Analysis|ofmovement||in|the rested funds|||||
|||||01Jan 2020|Income|Expenditure|Transfer|31Dec 2020|
|||||f|E|E|E|f|
|Church|Plant|||5,778||(3,686)|(929)|1,163|
|Mission|Trips||||8,125||||
|Enfield|—The Shack|||3,868||||3,868|
|Foodbank||||591|543|(1,134)|||
|Trinity||||6,865||(6,865)|||
|Restore|Network|||2,811|2,450|(802)||4,459|
|||||19,913|11,118|(12,487)|(929)|17,615|
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|||01Jan 2019|Income|Expenditure|Transfer|31Dec 2019|
|---|---|---|---|---|---|---|
|||E|f|E|E|f|
|Loughton —Generosity||288||(500)|212||
|Churches Together|in|1,325||(1,550)|225||
|Loughton|||||||
|Grenfell Tower||2,431||(2,431)|||
|Church
Plant||5000|3,388||(2,61O)|5,778|
|Loughton —Other||295|613|(1O43)|135||
|Enfield —The Shack||5,339||(1,471)||3,868|
|Foodbank||(178)|3,298|(2,529)||591|
|Trinity||12,865||(6,000)||6,865|
|Restore Network||6,517|2,233|(14,826)|8,887|2,811|
|||33,882|9,532|(30,350)|6,849|19,913|
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|2020|
|||E|f|f|
|Fund balances at 31December|||||
|Tangible|fixed assets|5,921||5,921|
|Current|assets|100,241|17,615|117,856|
|Current|liabilities|(20,636)||(20,636)|
|||85,526|17,615|103,141|
|||Unrestricted|Restricted|Total|
|||funds|funds|2019|
|||E|E|f|
|Fund balances at 31December|||||
|Tangible|fixed assets|7,884||7,884|
|Current|assets|16,392|19,913|36,305|
|Current|liabilities|(8,523)||(8,523)|
|||15,753|19,913|35,666|
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||2020|2019|
|---|---|---|
||f|E|
|Not later than one year|1,896|132|
|Later than one year and not later than five years|6,636|5,000|
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