##
|||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|