CONTENTS Legal and administration information for the year ended 31 December 2021................................ Trustees report for theyear ended 31 December 2021...................................................................................... Introduction to the Annual Report..............-..............................................................-............................................... Our Common Vision....................................................................................................... Our Locations............................................................................................................................................................................. Worship, Prayer, and Teaching............ Youth and Children................................................................................................................................................................ All Our People................-........................................................................................................................................................... Structure and Governance...................................................................................................................................... Risk blanagement and Controls................................................................................................................................... Relationships with Organisations and Other Charities. Financial Position.................................................................................................................................................................... Reserve Policy........................................................................................................................................................... Grants.............................................................................................................................................................................................. Statement of Trustees, responsibilities........................................................................................................................ Independent Examiner's report to the members of Restore Community Church for the year ended 31 December 2021..........................................................................................................................................10 Statement of financial activities for the year ended 31 December 2021... Statement of financial position fr)r the year ended 31 December 2021...............................................12 Notes to the accounts for theyear ended 31 December 2021.......................................................,.,.........13 l. Accounting policies.................................................................................................. .13 2. Voluntary income.............................................................................................................................................................15 3. Total charitable expenditure.......... .15 4. Support cost........................................................................................................................................................................1S 5. Governance cost...................... .16 6. Fixed assets..........................................................................................................................................................................16 7. Debtors....,.....................,..........................................................................................................................,..............................16 8. Crant5 payments..................................................................................................... 9, Lease commitments......................................................................................................................................................17 .16 10. Staff cost, trustees remuneration and expense.... 11. Creditors.. within one year................................................................................................... 12. Movements in funds....................................................................................................................................................18 .17 .17 12 Ibl. Analysis of net asset between funds.........................................................................................................18 12 Icl. Analysis of restricted funds........................................................................... .18 Income and Expenditure for theyear ended 31 December 2021..........................................................19 21Page
| Restricted | Unrestricted | ||||||
|---|---|---|---|---|---|---|---|
| INCOMING RESOURCES |
Notes | Funtls | Funds | Tote I | Total | ||
| Incoming resources from generoted | funds | 6 | 2021 | 2020 | |||
| Donations and Other Income |
2 | 428356 | 29053 | 457409 | 471994. | ||
| RESOURCES EXPENDED | |||||||
| Charitable Activities |
319,862 | 11,905 | 33'l,767 | 341,348 | |||
| Support Costs | 123,577 | 8,144 | 131,721 | 61,551 | |||
| Governance Costs |
3260 | 9004 | 12264 | 1620 | |||
| TOTAL RESOURCES EXPENDED | 446699 | 29053 | |||||
| NET INCOME/EXPENDITURE | FOR THE YEAR | (El8,343) | (618,343) | 567,475 | |||
| RECONCILIATION OF FUNDS |
|||||||
| Transfer between funds |
17,003 | (17,003) | |||||
| Total Funds Brought Forward | 85526 | 176I5 | ~I03 4 | 35666 | |||
| TOTAL FUNDS CARRIED FORWARD |
| Total | Tata l | ||
|---|---|---|---|
| Funds | Funds | ||
| FIXEDASSETS | Notes | 2021 | 2020 |
| Tangible Assets |
612681 | 65921 | |
| CURRENT ASSETS | |||
| Debtors | 10,320 | ||
| Cash at bank and in hand | 95707 | 10 6 |
|
| ~TI7 56 | |||
| CREDITORSt within one year | 33367 | ||
| Net Current Assets | 117 | ||
| TOTAL ASSETSLESSLIABILITIES | |||
| FUNDS: | 2021 | 2020 | |
| Restricted Funds | 84;186 | 85,526 | |
| Unrestricted Funds |
12 | ~65 |
| Unrestricted | Restricted | 2021 | 2020 | |
|---|---|---|---|---|
| Donations and legacies |
351,166 | 22,268 | 373,434 | 368,594 |
| Grants | 6,785 | 6,785 | 10,000 | |
| Gift aid received | 71,528 | 71,528 | 80,009 | |
| Other Income | 5662 | 5662 | 13391 | |
| Total Income | 428356 | 29053 | ||
| .Total charitable | expenditure | |||
| Unrestricted | Restricted | 2021 | 2020 | |
| Charitable expense |
319,862 | 11,905 | 331,767 | 341,348 |
| Support cosT. | 123,577 | 8,144 | 131,721 | 61,551 |
| Governance cost |
3260 | 9004 | 1226 | 1620 |
| 2021 | 2020 | |
|---|---|---|
| Premises cost | 69,150 | 25,481 |
| insurance | 2,007 | 2,653 |
| Publicity and Website | 8,144 | |
| Office, IT &software | 26,727 | 16,550 |
| ~ospitality, events, worship and services |
6,678 | 9,926 |
| Intern costs | 2,857 | 3,049 |
| Depreciation | 16158 | 3892 |
| 5.Governance cost |
|||
|---|---|---|---|
| 2021 | 2020 | ||
| Accountancy and Examiners |
|||
| 6.Fixed assets | |||
| Equipment | Total | ||
| Cost | |||
| At 1st3an us ry 2021 | 26,704 | 26,704 | |
| Additions for the year |
22 | 918 | 22918 |
| Cost at 31st December 2021 | 49 | 622 | 49622 |
| Depreciation | |||
| Opening Balance |
20,783 | 20,783 | |
| Charge for the year | 16158 | 16158 | |
| 36 | 94'I | 36941 | |
| Net book value | |||
| As at 31st December 2021 | 681 | EL22B1 | |
| As at 31st December 2020 | |||
| 7.Debtors | |||
| 2021 | 2020 | ||
| Gift Aid Tax Recoverable | |||
| 5,536 | 5,713 | ||
| Other Debtors | 4241 | 4607 | |
| EE000 | |||
| 8.Grants payments | |||
| 2021 | 2020 | ||
| Restore Community |
| As at 31*' Dec premises of: |
ember 2021, the charity has annual commitm |
ents under non-cancellable leas |
es for leased |
|---|---|---|---|
| 2021 | 2020 | ||
| Not more than | 1year | 13,332 | 1896 |
| More than one | year but less than five years | 653,328 | 66,636 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Salaries and wages | 21xi,589 | 222,738 | ||
| Social security cost | 16,108 | 18,420 | ||
| Pension cost | 37 7 | 8662 | ||
| 98 0 | ||||
| Average number | of monthly | staff | 10 |
| 2021 | 2020 | ||
|---|---|---|---|
| Other | Creditors | 3336 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| Resources | Expended | in Funds | |||
| Unrestricted | Funds | 6428,356 | 6446,699 | (EI8,343) | |
| Restricted | Funds | 529053 | 629053 | ||
| Transfer | Movement | ||||
| Analysis of Funds | between funds | in funds | 31.12.2021 | ||
| Restncted | 17,615 | (17,003) | 612 | ||
| Unrestricted | 85,526 | 17003 | 1834.3 | 84 186 | |
| Tota I funds |
103141 | EI834.3 | 84798 |
| Fund balances as at 31st December | Fund balances as at 31st December | Restricted Funds |
Unrestricted Funds |
2021 | 2020 |
|---|---|---|---|---|---|
| Tangible | assets | 12,68'I | 12,681 | 5,921 | |
| Current | assets | 104,872 | 612 | 105,484 | 117,856 |
| Current | Liabilities | 33367 | 33367 | 20636 | |
| 8 I 6 |
| Balance as at | Transfers | ||||
|---|---|---|---|---|---|
| 01.01.2021 | between funds | 2021 | 2020 | ||
| Church | plant | 1,163 | (1,163) | 1,163 | |
| Mission | trips | 8,125 | (8,125) | 8,'I25 | |
| Enfield | —The Shack | 3,868 | (3,868) | 3,868 | |
| Restore | network | 4459 | 3847 | 612 | 4459 |
| EI7615 | 617003 | 56)2 | EI7 615 |
| Incoming Resources: |
Incoming Resources: |
2021 | 2020 | |
|---|---|---|---|---|
| Donations and Legacies |
||||
| Donation gift aided |
304991 | 318,847 | ||
| Donation non - gift aided |
46,975 | 49,747 | ||
| Gift aid income | 71,528 | 80,009 | ||
| Grants | 6,785 | 10,000 | ||
| Gifts received | 22,268 | |||
| Other income | 5662 | 13391 | ||
| Total incoming resources |
57 0 | |||
| Resources Expended: | ||||
| Charitable Expenditures |
2021 | 2020 | ||
| Church pastoral and |
mission | 28,955 | 43,573 | |
| Salaries and wages | 251,295 | 230,881 | ||
| Youth and children | 1,162 | |||
| Community grant |
42,503 | 64,930 | ||
| Welfare and gifts | 9014 | 802 | ||
| Support Cost | ||||
| Premises cost | 69,150 | 25,481 | ||
| Insurance | 2,007 | 2,653 | ||
| Publicity and Website | 8,144 | |||
| Office, IT6software | 26,727 | 16,550 | ||
| Hospitality, events, worship |
and services | 6,678 | 9,926 | |
| Intern costs | 2,857 | 3,049 | ||
| Depreciation | 16158 | 3892 | ||
| Governance Cost |
||||
| Legal and professional | fees | 9,004 | ||
| Accountancy and examiners |
3260 | 620 | ||
| Total resources expended | ||||
| Net income over expenditure |