| Page | ||
|---|---|---|
| Chairman's report |
||
| Trustees'report | 3-9 | |
| Independent auditor's |
report | 10 |
| Statement offinancial | activities | 11-12 |
| Balance sheet | 13 | |
| Notes to the financial | statements | 13-20 |
| Unrestricted | Restricted | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | Total | Total | ||||
| Notes | E | 6 | 6 | ||||
| Incoming and Endowments | |||||||
| Incoming resources from generated | |||||||
| funds; | |||||||
| Voluntary | income: | ||||||
| Tithes Offering | 38,199 | 38,199 | 46,816 | ||||
| Donations | and Legacies | 0 | |||||
| Rent | 3,085 | 3,085 | 350 | ||||
| Other | 631 | ||||||
| Bankinterest | 2 | 2 | 2 | ||||
| Gift Aid | 6,778 | 6,778 | 8,517 | ||||
| Total incoming resources |
48,064 | 48,064 | 56,316 | ||||
| Resources | expended | ||||||
| Charitable | activities | (40,723) | (40,723) | (55,904) | |||
| Religious Works | |||||||
| Loan repaid | |||||||
| Governance | costs | (8,454) | (8,454) | (6,071) | |||
| Total resources expended | (49,177) | (49,177) | (61,975) | ||||
| (1,113) | (1,113) | (5,659) | |||||
| Net incoming/outgoing | resources | ||||||
| before transfers | |||||||
| Gross transfers between |
funds | ||||||
| (1,113) | (1,113) | (5,659) | |||||
| Reconciliation offunds | |||||||
| Total funds | brought forward |
193,819 | 193,819 | 199,478 | |||
| Total funds | carried forward | 192,706 | 192,706 | 193,819 |
| Tangib)e assets | 193,800 | ||||
|---|---|---|---|---|---|
| (provision -revaluation) |
193,800 | ||||
| Current assets | |||||
| Debtors | |||||
| Cash at bank and in hand | 1,968 | ||||
| Credhmsr amounts faNng |
|||||
| dire vvtthln orle yaiu | 6 | (3,492) | (1,959) | ||
| 19 | |||||
| Net cunent (gabghles)/assets | |||||
| 193,819 | |||||
| The funds ofthe charity | |||||
| Unrestiicted funds: |
|||||
| General Reserve | 55.478 | 55,478 | |||
| Revaluation Reserve |
144AKR) | 144,000 | |||
| Degcit/Surplus b/fd |
(5,659) | (5,659) | |||
| ehcit/Surplus for the year |
(L113) | ||||
| Total charhy funds | 193g19 | ||||
| Approved bythe trustees on4~2 ../ ...........and signed on their behalf by: 2l |
| 2.Income | 2.Income | and | endowments | endowments | endowments | from | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||||
| funds | funds | 2020 | 2019 | ||||||||
| Volunta | ry | Income: | E | E | |||||||
| Tithes Offering | 38,199 | 46,816 | |||||||||
| Others | 631 | ||||||||||
| Rent | 3,085 | 350 | |||||||||
| Bankinterest | 2 | 2 | |||||||||
| Gift Aid | 6,778 | 8,517 | |||||||||
| 48,064 | 56,316 | ||||||||||
| 3.Total resources expended | |||||||||||
| Direct | Support | Total | Total | ||||||||
| Charitable | 5Governance | ||||||||||
| Expenditure | Costs | 2020 | 2019 | ||||||||
| E | E | f. | E | ||||||||
| To advance | the | Chrishan | faith | ||||||||
| and support | missionary | activities | |||||||||
| in the Liverpool | area and | abroad | 49,177 | 61,975 | |||||||
| a. Analysed | as | follows: | 2020 | 2019 | |||||||
| E | |||||||||||
| Charitable | activities | ||||||||||
| Staff salary | costs | 36,059 | 36,977 | ||||||||
| Church running |
costs | 3,428 | 16,697 | ||||||||
| Activities | |||||||||||
| Ministry | 2,230 | ||||||||||
| Mission | 1,236 | ||||||||||
| Donations | |||||||||||
| Speaker | |||||||||||
| Equipment | Hire | ||||||||||
| 40,723 | 55,904 | ||||||||||
| Support Ik |
Governance | costs: | 2020 | 2019 | |||||||
| E | E | ||||||||||
| Office costs | 717 | 575 | |||||||||
| Travel | |||||||||||
| Pension | 1,706 | ||||||||||
| Sundry | |||||||||||
| insurance | 1,053 | 1,092 | |||||||||
| Home office | 537 | ||||||||||
| Bank charges | 141 | 150 | |||||||||
| Payroll fees | 0 | ||||||||||
| Accountancy | 300 | 254 | |||||||||
| Depreciation | 4,000 | 4,000 | |||||||||
| Total | |||||||||||
| 8,454 | 6,071 | ||||||||||
| Expenditure | on charitable | activities | 49,177 |
| 4.Tangible fixed assets | Freehold | |||
|---|---|---|---|---|
| Property | gr | Motor | ||
| Improvements | Vehicle | Total | ||
| 2020 | 2020 | 2019 | ||
| E | E | E | ||
| Cost | ||||
| At 1January 2020 | 210,000 | 210,000 | ||
| Additions | ||||
| Disposals | ||||
| At 31December 2020 | 210,000 | 210,000 | ||
| Depreciation | ||||
| At 1January 2020 | 16,200 | 12,200 | ||
| Charge for the period | 4,000 | 4,000 | ||
| At 31December 2020 | 20,200 | 16,200 | ||
| Net Book Values | ||||
| At 31December 2020 | 189,800 | 193,800 | ||
| At 31December 2019 | 193,800 | 197,800 |
| 2020 | 2019 | |
|---|---|---|
| 6 | 6 | |
| Accruals | 3,492 | 1,959 |
| 3,492 | 1,959 |
| 7.Analysis | ofNet Assets between | Funds | Tangible Fixed | Net Current | Total |
|---|---|---|---|---|---|
| Assets | Assets | ||||
| Unrestricted | Funds | E | E | 1 | |
| 2020 | 2019 | ||||
| General Fund |
48,706 | 49,819 | |||
| Revaluation | reserve | 144,000 | 144,000 | ||
| 192,706 | 193,819 |
| 8. Unr | estri | cted Funds |
|||||
|---|---|---|---|---|---|---|---|
| Movements | in the | Year | |||||
| Resources | Resources at | ||||||
| at Beginning | End ofthe Year | ||||||
| ofthe Year | 2020 | ||||||
| f | E | E | |||||
| General | Fund | 61,795 | -13,089 | 48,706 | |||
| Revaluation | reserve | 144,000 | 0 | 144,000 | |||
| 205,795 | 0 | -13,089 | 192,706 |
| FOR THE | TRUSTEES INFORMATION | TRUSTEES INFORMATION | ONLY | Charity No | |
|---|---|---|---|---|---|
| THE NEW LIFE INTERNATIONAL | MISSION | ||||
| INCOME | AND EXPENDITURE AS | AT | 31STDECEMBER 2020 | ||
| 2020 | 2019 | ||||
| INCOME | E 6 |
E | E | ||
| Gifts and | Donation | 38,198.73 | 46,816.00 | ||
| Gift Aid | 6,778.71 | 8,517.00 | |||
| Rent | 3,085.00 | 350.00 | |||
| Other | 631.00 | ||||
| Bank interest | 1.88 | 2.00 | |||
| 48,064 | 56,316 | ||||
| EXPENDITURE | |||||
| Bank Charges | 142 | 150 | |||
| Staff Cost | 31,437.36 | 30,846.00 | |||
| Payroll fee | 0.00 | 0.00 | |||
| Building Fund |
|||||
| Other Ministry | |||||
| PENSION | 1,706.01 | 1,497.00 | |||
| Mission | 1,235.95 | 2,230,00 | |||
| Transfer to | Coop Sank 1 | ||||
| Transfer to | Coop Bank 2 | ||||
| Transfer to | Coop Bank 3 | ||||
| FAYE/NI | 4,621.68 | 4,634.00 | |||
| Accountancy | fee | 300.00 | 254.00 | ||
| insurance | 1,052.70 | 1,092.00 | |||
| Equipment | Hire Fire Alarm System | 0.00 | 0.00 | ||
| Repairs | 890.00 | 1633.00 | |||
| Website | 717.50 | ||||
| TELEPHONE | 439.95 | 425.00 | |||
| WATER | 418.69 | 492.00 | |||
| Heat 8 Light | 1,678.81 | 3,347.00 | |||
| Advert | 182.00 | ||||
| General Maintenance | |||||
| Heating Maintenance | |||||
| Depreciation | 4,000.00 | 4,000.00 | |||
| ENTERTAINMENT | |||||
| Cleaning | |||||
| Fees | |||||
| LOAN REPAYMENT | |||||
| HMRC/Home | Office Charges | 536.00 | 11,193.00 | ||
| Donation | |||||
| Travel | |||||
| Speaker | |||||
| ACCURAL | |||||
| Activities | |||||
| TOTAL EXPENDITURE | -49,176.65 | -61,975.00 | |||
| -1,112.65 | -5,659.00 |