##
|||Page|
|---|---|---|
|Legal and administrative|details||
|Trustees'
report||2-7|
|Independent
auditor's|report|8-10|
|Statement offinancial|activities||
|Balance Sheet||12|
|Statement ofcash flows||13|
|Notes to the financial statement||14-27|
|Registered|Name|Watoto Childcare|Watoto Childcare|Watoto Childcare|Watoto Childcare|Ministries|||
|---|---|---|---|---|---|---|---|---|
|Status||The organisation||||constitutes|an unincorporated|charity|
|Governing|Document|The Charity||was|established||under a Trust Deed|dated 9'" March 1999and amended|
|||6'" November 2001.|||||||
|Trustees||G Skinner|||(Chair)||||
|||C Norman|||||||
|||J Skinner|||||||
|||SCampbell|||||||
|||J Penry|||||||
|||R Walsh|||||||
|||D Watt|||||||
|||J Rowotlunyo|||||||
|Charity number||1090810|||||||
|Principal address||CMS House|||||||
|||Watlington||Road|||||
|||Cowley|||||||
|||Oxford|||||||
|||OX4 6BZ|||||||
|Auditor||Wenn Townsend|||||||
|||30St. Giles|||||||
|||Oxford|||||||
|||OX1 3LE|||||||
|Bankers||The Royal Bank of||||Scotland|||
|||Drummond||House|||||
|||Redheughs|Avenue||||||
|||Edinburgh|||||||
|||EH12 9RH|||||||
|Solicitors||Anthony
Collins|||Solicitors||||
|||134Edmund||St.|||||
|||Birmingham|||||||
|||B32ES|||||||
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
|||Notes|Funds 2020|Funds 2020|2020|Funds 2019|Funds 2019|2019|
|||||E|E|E|E|E|
|INCOME AND EXPENDITURE|||||||||
|Income from:|||||||||
|Donations
and|legacies||351,039|704,543|1,055,582|337,543|738,631|1,076,174|
|Charitable
activities||||5,186|5,186||22,929|22,929|
|Other trading activities|||36,238||36,238|64,034||64,034|
|Investments|||240||240|562||562|
|Total income|||387,517|709,729|1,097,246|402,139|761,560|1,163,699|
|Expenditure
on:|||||||||
|Raising funds|||||||||
|Trading costs|||(12,959)||(12,959)|(39,274)||(39,274)|
|Charitable
activities|||(400,743)|(723,013)|(1,123,756)|(503,139)|(747,956)|(1,251,095)|
|Total expenditure|||(413,702)|(723,013)|(1,136,715)|(542,413)|(747,956)|(1,290,369)|
|Net (expenditure)|/ income||(26,185)|(13,284)|(39,469)|(140,274)|13,604|(126,670)|
|Net movement
of|funds for the year||(26,185)|(13,284)|(39,469)|(140,274)|13,604|(126,670)|
|Reconciliation offunds|||||||||
|Balances brought forward 310ecember 2019|||70,486|177,338|247,824|210,760|163,734|374,494|
|Balances carried forward 31December 2020|||44,301|164,054|208,355|70,4B6|i77,338|247,824|
|||Note|2020||2019||
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Plant and equipment||10||12,913||8,737|
|Current assets|||||||
|Stocks ofgoods for|resale|11|6,047||5,146||
|Debtors||12|154,280||115,877||
|Cash at bank and in|hand||198,255||227,001||
||||358,582||348,024||
|Creditors: amounts|falling due||||||
|within one year||13|(163,140)||(108,937)||
|Net current assets||||195,442||239,087|
|Net assets||||208,355||247,824|
|Funds|||||||
|Restricted funds||14||164,054||177,338|
|Unrestricted
funds||15||44,301||70,486|
|Total funds||||208,355||247,824|
|||Note|2020|2019|
|---|---|---|---|---|
|Net cash flow from operating
activities||20|(18,914)|(40,234)|
||||(18,914)|(40,234)|
|Cash flow from investing|activities||||
|Payments to acquire tangible assets||10|(10,072)|(8,295)|
|interest received|||240|562|
|Net cash flow used in investing
activities|||(9,832)|(7,733)|
|Net (decrease) / increase|in cash 8 cash equvalents||(28,746)|(47,967)|
|Cash and cash equivalents|as at 1stJanuary 2020||227,001|274,968|
|Cash and cash equivalents|as at 31stDecember 2020||198,255|227,001|
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|Musical equipment|three years|
|---|---|
|Fixtures &fittings|three years|
|Computer
equipment|five years|
|Office equipment|five years|
|Motor vehicles|five years|
##
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##
||||Unrestricted|Restricted||Unrestricted|Restricted||
|---|---|---|---|---|---|---|---|---|
||||Funds|Funds|Total|Funds|Funds|Total|
||||2020|2020|2020|2019|2019|2019|
||||f|f|f|f|f|f|
|Donations|and gifts -|sponsorship|84,539|665,544|750,083|87,937|691,554|779,491|
|Donations|and gifts -|appeals|58,081|26,981|85,062|83,862|30,782|114,644|
|Donations|and gifts -|general|21,202|7,602|28,804|39,344|9,340|48,684|
|Gift aid reclaimed|||108,896|4,416|113,312|126,400|6,955|133,355|
|Government|furlough|scheme|78,321||78,321||||
||||351,039|704,543|1,055,582|337,543|738,631|1,076,174|
##
|||||Unrestricted|Restricted||Unrestricted|Restricted||
|---|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Total|Funds|Funds|Total|
|||||2020|2020|2020|2019|2019|2019|
||||||f|f|f|f|f|
|Visit Watoto|||||5,186|5,186||19,329|19,329|
|Frazerborough||Church -|Bible|||||3,600|3,600|
||||purchases|||||||
||||||5,186|5,186||22,929|22,929|
|4|Trading|activities||||||||
|||||Unrestricted|Restricted||Unrestricted|Restricted||
|||||Funds|Funds|Total|Funds|Funds|Total|
|||||2020|2020|2020|2019|2019|2019|
|||||f|f|f|f|f|f|
|Choir tour - merchandise|||sales|36,238||36,238|64,034||64,034|
|||||36,238||36,238|64,034||64,034|
##
##
|||Unrestricted|Restricted||Unrestricted|Restricted||
|---|---|---|---|---|---|---|---|
|||Funds|Funds|Total|Funds|Funds|Total|
|||2020|2020|2020|2019|2019|2019|
|||f|f|f|f|f|f|
|Interest|receivable|240||240|562||562|
|||240||240|562||562|
##
|||Unrestricted|Unrestricted|
|---|---|---|---|
|||Funds|Funds|
|||2020|2019|
|Trading costs||f|f|
|Merchandise|purchases|12,959|32,017|
|Stock write-off|||7,257|
|||12,959|39,274|
##
|7
Charitable
activities|7
Charitable
activities|||||Restricted|Restricted||Unrestricted|Unrestricted|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||CL||||||C|6:
663|||
||||Notes||o
I/I
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667
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337
330
635
330c
633
oa|2020|2019|
|Costs directly|||||||||||||E|f|
|allocated to Charitable|Activities||||||||||||||
|Grant funding to Uganda|||||698,541||||||||698,541|725,447|
|Visit Watoto costs|||||||24,472||||||24,472|18,909|
|Frazerborough
-(bible|purchases)|||||||||||||3,600|
|Marketing
8 administration||||||||||703||712|1,415|18,846|
|Choir - living expenses|&subsistence|||||||||19,613|||19,613|19,240|
|Choir-
international
travel||||||||||16,525|||16,525|24,655|
|Domestic trave
I||||||||||13,489||786|14,275|27,872|
|Choir - equipment
(hire|&rep's)|||||||||3,384|||3,384|2,278|
|Bank 8 finance charges||||||||||473|||473|762|
|Licencing &database costs||||||||8,207|||||8,207|3,903|
|Depreciation||||||||||2,756|||2,756|1,393|
|Support costs|||||||||||||||
|allocated to Charitable|Activities||||||||||||||
|Admin staff costs||||||||170,901||60,254|21,916||253,071|299,138|
|Admin 8 office exp.||||||||6,378||3,827|2,551||12,756|10,687|
|Admin travel
&subsistence||||||||1,198||719||479|2,396|11,540|
|Bank &finance charges||||||||10,138||1,076|1,314||12,528|12,886|
|Van costs|||||||||120|970||121|1,211|3560|
|Rent, services &insurance||||||||10,955||10,511|10,289||31,755|18,768|
|Storage, repairs & m'tnce|||||||||117|2,041||115|2,273|10,047|
|Office equipm'nt
&I.T.||||||||1,876||1,126||750|3,752|13,376|
|Depreciation||||||||1,508||955||678|3,141|5,227|
|Legal &professional||||||||2,352||1,411||941|4,704|8,540|
|Governance||||||||2,|169|2,169|2,170||6,508|10,421|
|Total expenditure|||||698,541||24,472|215,919||142,002|42,822||1,123,756|1,251,095|
|Charitable
activities expenditure||-|Restricted|funds|||723,013|||||||767,956|
|Charitable
activities expenditure||-|Unrestricted||funds||||||400,743|||503,139|
##
|9
Employees||||
|---|---|---|---|
|Staff costs||2020|2019|
|||f|f|
|Wages &salaries||227,381|243,140|
|Redundancy
and termination|costs||28,699|
|Social security costs||18,004|20,204|
|Other pension costs||7,686|7,095|
|||253,071|299,138|
##
||||2020|||2019|2019|
|---|---|---|---|---|---|---|---|
|||F.T.E.||Number||F.T.E.|Number|
|Charitable|activities||6.6||8.5|9.1|10.0|
||||6.6||8.5|9.1|10.0|
|||2020|2019|
|---|---|---|---|
|||No.|No.|
|f80,001|- f90,000|1|0|
|f70,001|- f80,000|0|0|
##
|||||||Total|
|---|---|---|---|---|---|---|
||Choir|Office|Office||Motor|Fixed|
||Equipment|Equipment|Furniture|Computers|Vehicles|Assets|
||f|f|f|f|f|f|
|Cost|||||||
|At 1January 2020|39,349|6,504|1,324|19,494|19,144|85,815|
|Additions|9,289|129||654||10,072|
|At 31December 2020|48,638|6,633|1,324|20,148|19,144|95,887|
|Depreciation|||||||
|At 1Janua ry 2020|38,291|5,724|692|13,226|19,144|77,077|
|Charge for the year|2,756|242|131|2,768||5,897|
|At 31December 2020|41,047|5,966|823|15,994|19,144|82,974|
|Net Book Value|||||||
|At 31December 2020|7,591|667|501|4,154||12,913|
|At 31December 2019|1,058|779|632|6,268||8,737|
##
||||2020|2019|
|---|---|---|---|---|
||||f|f|
|Goods|for|resale|6,047|5,146|
##
|||2020|2019|
|---|---|---|---|
|Due within one year||f|f|
|Other debtors||30,622|3,906|
|Prepayments|&accrued income|123,658|111,971|
|||154,280|115,877|
##
||2020|2019|
|---|---|---|
||f|f|
|Trade creditors|7,422|8,801|
|Tax5social security costs|19,643|2,681|
|Other creditors|117,049|88,018|
|Accrua Is|14,508|8,000|
|Deferred income - (see note 13b)|4,518|1,437|
||163,140|108,937|
##
|||||2020|2019|
|---|---|---|---|---|---|
|||||f|f|
|Opening|balance|||1,437||
|Amount|deferred|in|the year|12,526|1,860|
|Amount|released|to|incoming resources|(9,445)|(423)|
|Closing|balance|||4,518|1,437|
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##
|||General|Designated||
|---|---|---|---|---|
||Restricted|Unrestricted|Funds|Total 2020|
||f|f|f||
|Fixed Assets||12,913||12,913|
|Net Current Assets|164,054|2,027|29,361|195,442|
||164,054|14,940|29,361|208,355|
##
|||General|Designated||
|---|---|---|---|---|
||Restricted|Unrestricted|Funds|Total 2019|
||f||f||
|Fixed Assets||8,737||8,737|
|Net Current Assets|177,338|50,424|11,325|239,087|
||177,338|59,161|11,325|247,824|
||2020|2019|
|---|---|---|
||f|f|
|Leases due to expire in:|||
|Less than one year|||
|Between two &five years|90,216|112,770|
||90,216|112,770|
|20
Reconciliation|of|net (expenditure)/income|net (expenditure)/income|net (expenditure)/income|to net cash flow from operating|to net cash flow from operating|to net cash flow from operating|activities|
|---|---|---|---|---|---|---|---|---|
|||||||2020|2019||
|||||||f||f|
|Net incoming/(outgoing)||resources before|revaluations|||(39,469)|(126,670)||
|Depreciation oftangible||assets||||5,897||6,621|
|Interest received||||||(240)||(562)|
|Decrease/(increase)|in stocks|||||(901)||24,372|
|Decrease/(increase)|in debtors|||||(38,403)|(10,932)||
|(Decrease)/increase|in creditors within one|||year||44,614||70,897|
|(Decrease)/increase|in accruals and deferred|||income||9,589||(3,960)|
|Net cash (outflow)/inflow||from operating|activities|||(18,914)|(40,234)||