| Page | ||
|---|---|---|
| Chairman's report |
4-5 | |
| Trustees' report |
6-10 | |
| Independent auditor's |
report | |
| Statement offinancial | activities | 12 |
| Balance sheet | 13 | |
| Notes to the financial | statements | 14-20 |
| Unrestricted | Restricted | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | Total | Total | ||||
| Notes | E | E | E | ||||
| Incoming | and Endowments | ||||||
| Incoming resources from generated | |||||||
| funds: | |||||||
| Voluntary | income: | ||||||
| Tithes Offering | 43,872 | 43,872 | 38,199 | ||||
| Donations and Legacies | |||||||
| Rent | 3,150 | 3,150 | 3,085 | ||||
| Other | 5,000 | 5,000 | |||||
| Bank interest | 132 | 132 | 2 | ||||
| Gift Aid | 6,574 | 6,574 | 6,778 | ||||
| Total incoming resources | 58,728 | 58,728 | 48,064 | ||||
| Resources | expended | ||||||
| Charitable | activities | (44,510) | (44,510) | (40,723) | |||
| Religious Works | |||||||
| Loan repaid | |||||||
| Governance | costs | (7,089) | (7,089) | (8,454) | |||
| Total resources expended | 3 | (51599) | (51,599) | (49,177) | |||
| Net incoming/outgoing | resources | 7,129 | 7,129 | (1,113) | |||
| before transfers | |||||||
| Gross transfers between |
funds | 7,129 | 7,129 | (1,113) | |||
| Reconciliation offunds |
|||||||
| Total funds | brought forward | 192,706 | 192,706 | 193,819 | |||
| Total funds | carried forward | 199,835 | 199,835 | 192,706 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Fixed assets | Notes | 6 | 6 | ||||||
| Tangible assets | 197,023 | 189,800 | |||||||
| (provision - revaluation) | 197,023 | 189,800 | |||||||
| Current assets | |||||||||
| Debtors | |||||||||
| Cash at bank and in | hand | 5,201 | 6,398 | ||||||
| Creditors: amounts | falling | ||||||||
| due within one year | 6 | (2,389) | (3,492) | ||||||
| Net current (liabilities)/assets | 2,812 | 2,906 | |||||||
| Net assets | 199,836 | ||||||||
| The funds ofthe charity | |||||||||
| Unrestricted funds: |
|||||||||
| General Reserve | 48,706 | 49,819 | |||||||
| Revaluation Reserve |
144,000 | 144,000 | |||||||
| Deficit/Surplus forthe year |
7,129 | (1,113) | |||||||
| Total charity funds | 199,835 | 192,706 |
| 2.Income | 2.Income | and endowments | and endowments | and endowments | and endowments | from | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| unrestricted | Restricted | Total | Total | |||||||||
| funds | funds | 2021 | 2020 | |||||||||
| Voluntary | Income: | 1 | 1 | 1 | ||||||||
| Tithes Offering | 43,872 | 38,199 | ||||||||||
| Others | 5,000 | |||||||||||
| Rent | 3,150 | 3,085 | ||||||||||
| Bank interest | 132 | 2 | ||||||||||
| Gift Aid | 6,574 | 6,778 | ||||||||||
| 58,728 | 48,064 | |||||||||||
| 3.Total resources expended | ||||||||||||
| Direct | Support | Total | Total | |||||||||
| Charitable | gr Governance | |||||||||||
| Expenditure | Costs | 2021 | 2020 | |||||||||
| E | 6 | E | E | |||||||||
| To advance | the | Christian | faith | |||||||||
| and support | missionary | activities | ||||||||||
| in the Liverpool | area and | abroad | 44,510 | 7,089 | 51,599 | 49,177 | ||||||
| a. Analysed | as | follows: | 2021 | 2020 | ||||||||
| E | ||||||||||||
| Charitable | activities | |||||||||||
| Staff salary | costs and pension | 29,180 | 36,059 | |||||||||
| Church running | costs | 11,626 | 3,428 | |||||||||
| activities | ||||||||||||
| Ministry | ||||||||||||
| Mission | 3,704 | 1,236 | ||||||||||
| Donations | ||||||||||||
| Speaker | ||||||||||||
| Equipment | Hire | |||||||||||
| 44,510 | 40,723 | |||||||||||
| Support 8 | Governance | costs: | 2021 | 2020 | ||||||||
| 6 | E | |||||||||||
| Office costs | 717 | |||||||||||
| Travel | ||||||||||||
| Pension | 1,539 | 1,706 | ||||||||||
| Sundry | ||||||||||||
| Insurance | 1,024 | 1,053 | ||||||||||
| Home office | 0 | 537 | ||||||||||
| Bank charges | 21 | 141 | ||||||||||
| Payroll fees | ||||||||||||
| Accountancy | 276 | 300 | ||||||||||
| Depreciation | 4,229 | 4,000 | ||||||||||
| Total | ||||||||||||
| 8,454 | ||||||||||||
| Expenditure | on charitable | activities | 49,177 |
| 4.Tangible | Axed assets | Freehold | ||
|---|---|---|---|---|
| Property gr |
Motor | |||
| Improvements | Vehicle | Total | ||
| 2021 | 2021 | 2021 | ||
| E | E | E | ||
| Cost | ||||
| At 1January | 2021 | 210,000 | 210,000 | |
| Additions | 11,452 | 11,452 | ||
| Disposals | ||||
| At 31December 2021 | 221,452 | 221,452 | ||
| Depreciation | ||||
| At 1/anuary | 2020 | 20,200 | 20,200 | |
| Charge for the period | 4,229 | 4,229 | ||
| At 31December 2021 | 24,429 | 24,429 | ||
| Net Book Values | ||||
| At 31December 2021 | 197,023 | 197,023 | ||
| At 31December 2020 | 189,800 | 189,800 |
| 6. Creditors: | Amounts | falling due within one year | |
|---|---|---|---|
| 2021 | 2020 | ||
| E | E | ||
| Accruals | 2,389 | 3,492 | |
| 2,389 | 3,492 |
| forthe ye | forthe ye | ar ended 31D | ar ended 31D | ecember | 2021 | ||||
|---|---|---|---|---|---|---|---|---|---|
| 7.Analysis | ofNet Assets | between | Funds | Tangible | Fixed | Net Current | Total | ||
| Assets | Assets | ||||||||
| Unrestricted | Funds | 6 | E | E | |||||
| 2021 | 2021 | 2020 | |||||||
| General | Fund | 55,835 | 48,706 | ||||||
| Revaluation | reserve | 144,000 | 144,000 | ||||||
| 199,835 | 192,706 | ||||||||
| 8. Unrestricted | Funds | ||||||||
| Movements | in the Year | ||||||||
| Resources | Resources at | ||||||||
| at Beginning | End ofthe Year | ||||||||
| ofthe Year | 2020 | ||||||||
| 6 | 6 | ||||||||
| General | Fund | 48,706 | 7,129 | 55,835 | |||||
| Revaluation | reserve | 144,000 | 144,000 | ||||||
| 192,706 | 7,129 | 199,835 |
| INCOME AND | EXPENDITURE AS AT 31S | TDECEMBER2021 | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| INCOME | |||||
| Gifts and Donation | 43,872 | 38,199 | |||
| Gift Aid | 6,574 | 6,779 | |||
| Rent | 3,150 | 3,085 | |||
| Other | 5,000 | ||||
| Bank interest | 132 | ||||
| 58,728 | |||||
| EXPENDITURE | |||||
| Bank Charges | 21 | 142 | |||
| Staff Cost | 29,180 | 31,437 | |||
| Payroll fee | |||||
| Building Fund |
|||||
| Other Ministry | |||||
| Pension | 1,539 | 1,706 | |||
| Mission | 3,704 | 1,236 | |||
| FAYE/NI | 4,148 | 4,622 | |||
| Accountancy fee | 276 | 300 | |||
| Insurance | 1,024 | 1,053 | |||
| Repairs | 3,638 | 890 | |||
| Website/Media | 383 | 717 | |||
| Telephone | 460 | 440 | |||
| Water | 786 | 419 | |||
| Heat & Light | 1,689 | 1,679 | |||
| Depreciation | 4,229 | 4,000 | |||
| Legal fees | 522 | ||||
| HMRC /Home |
Office Charges | 537 | |||
| TOTAL EXPENDITURE | (51,599) | (49,177) | |||
| SUPLUS DEFICIT |
7,129 | (1,113) |