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2020-12-31-accounts

YEOVIL CHRISTIAN SUPPORT TRUST UNAUDITED FINANCIAL STATEMENTS 31 DECEMBER 2020

Charity Number 1092843

CHALMERS & CO (SW) LIMITED

Chartered Accountants Trading as Chalmers & Co. 6 The Linen Yard South Street Crewkerne Somerset TA18 8AB

YEOVIL CHRISTIAN SUPPORT TRUST

UNAUDITED FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2020

CONTENTS PAGES
Reference and administrative details 1
Trustees annual report 2 to 5
Independent examiner's report 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9 to 16

YEOVIL CHRISTIAN SUPPORT TRUST

REFERENCE AND ADMINISTRATIVE DETAILS

YEAR ENDED 31 DECEMBER 2020

The board of trustees R Hogben
T Neville
S Warr
J Turner
M Hamilton
S Hibbert (appointed 22.04.20)
Secretary J Turner
Charity registration number 1092843
Principal office The Gateway
Addlewell Lane
Yeovil
Somerset
BA20 1QN
Independent examiner S M Bachrach, Chartered Accountant
Chalmers & Co (SW) Limited
Chartered Accountants
Trading as Chalmers & Co.
6 The Linen Yard
South Street
Crewkerne
Somerset
TA18 8AB
Bankers Unity Trust Bank
Nine Brindley Place
Birmingham
B1 2HB

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YEOVIL CHRISTIAN SUPPORT TRUST

TRUSTEES ANNUAL REPORT

YEAR ENDED 31 DECEMBER 2020

The trustees present their report and unaudited financial statement of the Trust for the year ended 31[st] December 2020. The financial statements have been prepared in accordance with the accounting policies described and comply with the Trust Deed and applicable law.

STRUCTURE, GOVERANCE AND MANAGEMENT

Yeovil Christian Support Trust (YCST) is a registered charity (number: 1092843) governed by a Trust Deed dated 24[th] May 2002. A supplemental deed was added by the Trustees in 2012.

A list of current Trustees and other administrative details of the charity appear on page 1 of the financial statements.

Trustees are appointed in accordance with the Trust Deed and give their time voluntarily. Training for Trustees is provided as needed. Strategic decisions are taken by the Trustees but the day to day running of the operations of the charity is delegated to staff, supervised by our Operations Manager.

The trustees undertake to regularly consider risks to which the Trust is exposed, setting in place written policies to reduce the risks as far as is reasonably possible. These risks include financial risk, risks relating to personnel, health and safety and fire risks.

YCST is proud to work in partnership with many local agencies, including local authorities, churches and schools who both support the needs of the charity and refer clients in need.

OBJECTIVES AND ACTIVITIES

The Objects of the Trust are:

In and around the area of Yeovil and the surrounding areas of South Somerset, North Dorset and West Dorset to express Christ’s compassion through:-

The operations of YCST commenced over 30 years ago and were developed by the Trustees of Yeovil Community Church Trust. The operations and management were succeeded to a new and separate charity, Yeovil Christian Support Trust in 2002.

The Objects of the Trust have been implemented through two main activities: The Lord’s Larder Food Bank

The Lord’s Larder Community Fund

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YEOVIL CHRISTIAN SUPPORT TRUST

TRUSTEES ANNUAL REPORT

YEAR ENDED 31 DECEMBER 2020

OBJECTIVES AND ACTIVITIES (continued)

The operations of the Trust are provided by our Operations Manager, who is supported by a team of willing volunteers. Financial gifts, gifts of food, and gifts of goods are donated by many local individuals, churches, schools and other groups. The Trustees are extremely grateful for the gifts of time, money and goods given by so many, and without which we could not operate.

Clients in need are referred to YCST by many local authorities and organisations. The Trustees are also grateful for the support of these organisations which help us to give support where it is needed. We know that many agencies have been especially busy this year.

When planning the activities for the year, the Trustees have considered the Charity Commission’s guidance on public benefit. We believe the activities set out below clearly demonstrate YCST’s commitment to providing identifiable public benefit and that access to this benefit is not restricted in any way.

SUMMARY OF ACHIEVEMENTS

In 2020 the Lord’s Larder Food Bank faced an unexpected and unprecedented challenge in the COVID pandemic and subsequent ‘lockdowns’. As vulnerable members of our community lost income due to furlough or redundancy, demand for food parcels rose significantly in March 2020. Many faced weeks with no, or significantly reduced income due to Universal Credit delays. We experienced a threefold increase in requests immediately and on one day before Easter we had to prepare 42 parcels. At the same time, many of our loyal volunteers had to withdraw as they were asked to self-isolate at home.

We are delighted to report that throughout the year, no parcel request was declined. A new team of younger and fitter volunteers came forward to cover the gap – including furloughed teachers and students sent home from school and university. Yeovil Community Church, who host us in their building, gave us use of a much larger hall where we were able to store food stocks and spread out work stations to safe distances. Our local community rapidly responded with food donations. Families, churches, businesses, local communities and villages, and supermarkets all sustained a high volume of donations throughout the year. We should make a special mention of Morrissons supermarket who not only brought us increased donations from their customers, who they encouraged to donate in a variety of innovative ways, but their head office also arranged weekly pallet deliveries of useful items during the most difficult periods. Financial donations also increased significantly which have helped us meet the extra costs.

The number of food items given out amounted to 148,519 compared to 90,943 the previous year. We were able to assist a total of 1,539 families including 4,670 adults and 3,530 children.

We are so grateful to all the individuals, communities, shops and businesses and churches in our community that have not just given but have sustained their giving through this difficult time. We could not do what we do without this selfless generosity!

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YEOVIL CHRISTIAN SUPPORT TRUST

TRUSTEES ANNUAL REPORT

YEAR ENDED 31 DECEMBER 2020

SUMMARY OF ACHIEVEMENTS (continued)

The Lord’s Larder Community Fund, has also been able to provide funds for the needy due to generous financial. It was able to provide a total of £6,258 worth of grants to meet local needs, almost triple what we were able to provide last year. We are pleased to be able to offer flexibility in terms of what we will fund. Sometimes small sums of money to meet unusual needs can make a real difference in the lives of individuals and families.

Some examples of grants given in 2020 include funds to:

Total fundraising for the year was £163,445 which was a huge increase on the total last year (£33,830). We have been especially encouraged by the big increase in regular monthly giving.

The Trustees have considered the advice of the Charity Commission in relation to our care for vulnerable individuals. Although we do not have minors working or volunteering with us, we do occasionally have children visit with their school groups. We share a building where children are often present. We also sometimes have vulnerable adults working as volunteers or visiting us. In the light of this we have written a Safeguarding Policy and appointed a Safeguarding Officer and a Deputy Safeguarding Officer. They have undergone training and will undertake regular updates.

FINANCIAL REVIEW

Total incoming resources were £163,505 (2019 - £33,897), with the majority of income arising from donations as disclosed further in note 4. Total resources expended were £41,220 (2019 - £29,643), the major category of expenditure being staff costs as disclosed further in note 6.

Net funds therefore increased by £122,285 (2019: increased by £4,254) to £144,986 (2019 - £22,701). Net funds represent mainly the cash at bank and in hand which totalled £141,925 (2019 - £22,770).

RESERVES POLICY

The trustees closely monitor the charity's financial position and seek to ensure that reserves are sufficient to meet its ongoing liabilities. The charity does not aim to hold substantial reserves, but to pass any surpluses on to those in need. Reserves at the end of the year totalled £144,986 (2019 - £22,701) of which £138,882 (2019 - £22,037) are free reserves.

There are restricted funds of £5,000 (2019 – Nil) restricted for the use of the Community Fund only and unrestricted designated funds of £25,000 (2019 - £16,894). These are not subject to any restrictions regarding their use but the trustees have designated these funds for the use of a specific project.

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YEOVIL CHRISTIAN SUPPORT TRUST

TRUSTEES ANNUAL REPORT

YEAR ENDED 31 DECEMBER 2020

STATEMENT OF TRUSTEE’S RESPONSIBILITIES

The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (Charities SORP (FRS 102)).

The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

INDEPENDENT EXAMINER

A resolution to re-appoint Simon Bachrach of Chalmers & Co (SW) Limited as independent examiner for the ensuing year will be proposed at the annual general meeting.

Signed by order of the trustees

R HOGBEN Chairman

The Gateway Addlewell Lane Yeovil Somerset BA20 1QN

28 October 2021

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YEOVIL CHRISTIAN SUPPORT TRUST

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YEOVIL CHRISTIAN SUPPORT TRUST FOR THE YEAR ENDED 31 DECEMBER 2020 CHARITY NO 1092843

I report to the trustees on my examination of the accounts of Yeovil Christian Support Trust for the year ended 31 December 2020 which are set out on pages 7 to 16.

Responsibilities and basis of report

As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in the report in order to enable a proper understanding of the accounts to be reached.

Simon Bachrach FCA

CHALMERS & CO (SW) LIMITED Chartered accountants Trading as Chalmers & Co. 6 The Linen Yard South Street Crewkerne Somerset TA18 8AB

Date: 29 October 2021

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YEOVIL CHRISTIAN SUPPORT TRUST

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING THE INCOME AND EXPENDITURE ACCOUNT

YEAR ENDED 31 DECEMBER 2020

General Designated Restricted Total Total
Unrestricted Reserve Community Funds Funds
Funds Fund Fund 2020 2019
Note
 £ £ £ £ £
INCOME
Donations and legacies
4a		 157,444 - 6,001 163,445 32,194
Activities for generating
funds 4b - - - - 1,636
Investment income 4c 60 - - 60 67
------------------------------- ------------------------------- ------------------------------- ------------------------------- -------------------------------
TOTAL INCOME 157,504 - 6,001 163,505 33,897
------------------------------- ------------------------------- ------------------------------- ------------------------------- -------------------------------
EXPENDITURE
Charitable activities
Grants payable 5a - - 6,258 6,258 2,236
Staff costs 5b 23,897 - - 23,897 23,242
Depreciation and other
costs 5c 9,033 - - 9,033 2,127
Support costs 5d 1,967 - - 1,967 1,823
Other costs 5e 232 - - 232 215
------------------------------- ------------------------------- ------------------------------- ------------------------------- -------------------------------
TOTAL EXPENDITURE 35,129 - 6,258 41,387 29,643
------------------------------- ------------------------------- ------------------------------- ------------------------------- -------------------------------
NET INCOME/
(EXPENDITURE)
BEFORE TRANSFERS 122,375 - (257) 122,118 4,254
TRANSFERS BETWEEN
FUNDS 12
 (13,363) 10,000 3,363 - -
------------------------------- ------------------------------- ------------------------------- ------------------------------- -------------------------------
NET MOVEMENT IN
FUNDS 109,012 10,000 3,106 122,118 4,254
Balances brought forward 5,807 15,000 1,894 22,701 18,447
------------------------------- ------------------------------- ------------------------------- ------------------------------- -------------------------------
Balances carried forward 114,819 25,000 5,000 144,819 22,701
=============================== =============================== =============================== =============================== ===============================

The results for the year derive from continuing activities There are no gains or losses other than those shown above.

The notes on pages 9 to 19 form part of these financial statements.

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YEOVIL CHRISTIAN SUPPORT TRUST

STATEMENT OF FINANCIAL POSITION

31 DECEMBER 2020

2020 2019
Note £ £ £
FIXED ASSETS
Tangible assets 8 937 664
CURRENT ASSETS
Debtors 9 3,370 557
Cash at bank and in hand 141,925 22,770
------------------------------- ----------------------------- -
145,295 23,327
CREDITORS: Amounts falling due within one
year 10 (1,413) (1,290)
------------------------------- --------------------------
NET CURRENT ASSETS 143,882 22,037
------------------------------- -----------------------------
TOTAL ASSETS LESS CURRENT LIABILITIES 144,819 22,701
------------------------------- -----------------------------
NET ASSETS 144,819 22,701
=============================== =============================
FUNDS
Unrestricted 11 114,819 5,807
Designated 11 25,000 16,894
Restricted 11 5,000 -
------------------------------- -----------------------------
TOTAL FUNDS 144,819 22,701
=============================== =============================

These financial statements were approved by the members of the committee on the 28[th] October 2021, and are signed on their behalf by:

R HOGBEN Chairman

S HIBBERT Treasurer

The notes on pages 9 to 19 form part of these financial statements.

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YEOVIL CHRISTIAN SUPPORT TRUST

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2020

1. GENERAL INFORMATION

The Charity is constituted by a Deed of Trust dated 24[th] May 2002. A supplemental deed was added by the Trustees in 2012. It is a registered charity in England and Wales. Its address is The Gateway, Addlewell Lane, Yeovil, Somerset BA20 1QN.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with FRS102 ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (Charities SORP (FRS 102)) and the Charities Act 2011.

3 . ACCOUNTING POLICIES

Basis of accounting

The financial statements have been prepared under the historical cost convention and in accordance with the trust deed.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going Concern

There are no material uncertainties about the charity’s ability to continue.

Incoming resources

Incoming resources are included gross and are accounted for once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of the incoming resources can be measured with sufficient reliability. Incoming resources received in respect of future periods are deferred to that period.

Voluntary income is received by way of gifts and donations and is included in full in the Statement of Financial Activities when receivable.

Gifts in Kind. The Trust receives donation of food items, but it is not practical to value these upon receipt and therefore no income is reflected. These food items are distributed to those in need and likewise no cost is included.

Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.

Activities for generating funds include resources generated by activities which are specifically to raise funds for the charity such as fundraising events.

Investment income includes bank interest and is included when receivable.

Other incoming resources include all income which cannot be allocated directly to the other income categories

.

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YEOVIL CHRISTIAN SUPPORT TRUST

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2020

Grants receivable

All Revenue Grants receivable are credited to the Statement of Financial Activities as voluntary income.

Resources expended

Resources expended are shown gross and are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and costs are allocated directly to the category to which they relate. Where this allocation is not possible costs are allocated within "support costs".

Grants payable include all grants made to individuals and organisations in Yeovil and its surrounding areas for the relief of hardship and poverty, to support families and individuals in crisis and to assist other organisations holding similar objectives.

Staff costs include all costs relating to the employees of the charity including gross wages payments, social security and pension costs.

Depreciation and other costs include all costs incurred in raising income for the charity including the running costs of the building from which the charity operates and depreciation of the charity’s assets.

Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include the preparation and examination of statutory accounts and legal advice to trustees on governance or constitutional matters.

Support costs include all costs which cannot be allocated directly to the other expense categories.

Value Added Tax

The Charity is not registered for VAT. Irrecoverable VAT is charged against the category of resources expended for which it was incurred.

Unrestricted Funds

General accumulated unrestricted funds represent the funds of the charity that are not subject to any restrictions regarding their use and may be applied in achieving any of the objectives of the charity as decided by the trustees.

Designated Funds

Funds designated for a particular purpose or a specific project by the charity are also unrestricted but shown as a separate fund category. The charity has the following designated fund:

The Reserve fund includes an amount to cover a year of staff costs to cover redundancy payments should unforeseen events occur.

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YEOVIL CHRISTIAN SUPPORT TRUST

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2020

Restricted Funds

These relate to incoming resources which have been received subject to specific conditions imposed by the donor and binding on the Trustees and may only be applied in accordance with the restrictions placed on the donation. Upon realisation of the aims of the restricted funds, assets of such funds are transferred to unrestricted or designated funds as appropriate. The charity has the following restricted fund:

The Community fund includes all income and expenditure for the charity’s Social Fund which supplies grants to individuals and families in need.

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost and are stated at historic cost less depreciation. Assets costing less than £100 are written off in the year of acquisition. Depreciation is provided on all tangible fixed assets at rates calculated to write each asset down to its estimated residual value over its expected useful life, as follows:-

Plant and Equipment

Pension costs

The charity operates a defined contribution pension scheme for certain employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. Pension costs are charged to the Statement of Financial Activities as incurred, and represent contributions payable by the charity.

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YEOVIL CHRISTIAN SUPPORT TRUST

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2020

General Designated Restricted Total Total
Unrestricted
Reserve		 Community
Funds		 Funds
Fund Fund Fund 2020 2019
£ £ £ £ £
4. INCOME
4a. Donations and Legacies
Donations from Individuals:
Pledged Donations 14,493 - 1,321 15,814 8,640
One-off Donations 71,209 - 2,680 73,889 7,585
Income Tax Recoverable 10,925 - - 10,925 1,781
CAF Cheques 7,900 - - 7,900 1,450
Donations from Churches and
other Organisations 52,917 - 2,000 54,917 12,738
--------------------------------- ------------------------------------ ------------------------------- --------------------------------- --------------------------------
157,444 - 6,001 163,445 32,194
================================= ==================================== =============================== ==================================== ===============================
4b. Activities for generating funds
The Gateway
Fundraising Events - - - - 1,636
--------------------------------- ------------------------------------ ------------------------------- ------------------------------------ ---------------------------------
- - - - 1,636
================================= ==================================== =============================== ==================================== ===============================
4c. Income from Investments
Bank Interest Received 60 - - 60 67
================================= ==================================== =============================== ==================================== ==============================
---------------------------------- ------------------------------------ ------------------------------- --------------------------------- ---------------------------------
Total Income 157,504 - 6,001 163,505 33,897
================================== ==================================== =============================== ==================================== ===============================

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YEOVIL CHRISTIAN SUPPORT TRUST

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2020

General Designated
Restricted		 Total Total
Unrestricte Reserve Community
Funds
Funds
d Fund Fund Fund 2020 2019
£ £ £ £ £
5. EXPENDITURE
CHARITABLE ACTIVITIES
5a. Grants Payable
Social Fund Payments
(Note 13) - - 6,258 6,258 2,236
==================================== ==================================== =============================== ==================================== ====================================
5b. Staff Costs
Wages and Employers
National Insurance 23,055 - - 23,055 22,427
Pension Costs 842 - - 842 815
------------------------------------ ------------------------------------ ------------------------------- ------------------------------------ ------------------------------------
23,897 - - 23,897 23,242
==================================== ==================================== =============================== ==================================== ====================================
5c. Depreciation & Other Costs
Donation for use of
premises 5,000 - - 5,000 -
Telephone 901 - - 901 878
Food Purchases for Boxes 1,186 - - 1,186 582
Insurance 570 - - 570 445
Depreciation 313 - - 313 222
Disposal of fixed assets 664 - - 664 -
Repairs & Renewals 399 - - 399 -
------------------------------------ ------------------------------------ ------------------------------- ------------------------------------ -----------------------------
9,033 - - 9,033 2,127
==================================== ==================================== =============================== ==================================== =============================
5d. Support Costs
Travel Costs 682 - - 682 660
Sundry Expenses 193 - - 193 183
Printing, Postage &
Stationery 549 - - 549 663
Computer Expenses 290 - - 290 115
Bank Charges 253 - - 253 202
------------------------------------ ------------------------------------ ------------------------------- ------------------------------------ ------------------------------------
1,967 - - 1,967 1,823
==================================== ==================================== =============================== ==================================== ====================================
OTHER EXPENDITURE
5e. Governance Costs
Independent Examiners Fee
232		 - - 232 215
==================================== ==================================== =============================== ==================================== ====================================
---------------------------------- ------------------------------------ ------------------------------- --------------------------------- ---------------------------------
Total Expenditure 35,129 - 6,258 41,387 29,643
==================================== ==================================== =============================== ==================================== ====================================

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YEOVIL CHRISTIAN SUPPORT TRUST

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2020

6. STAFF COSTS

The aggregate payroll costs were:

STAFF COSTS
The aggregate payroll costs were:
2020 2019
£ £
Wages and salaries 23,055 22,427
Other pension costs 842 815
------------------------------- -------------------------------
23,897 23,242
=============================== ===============================

There were no charity employees with earnings in excess of £60,000.

Particulars of employees:

The average number of staff employed by the charity during the financial year amounted to:

2020 2019
No No
Operations Manager 1 1
=============== ===============
7. NET INCOMING RESOURCES
Net incoming resources are stated after charging:
2020 2019
£ £
Staff pension contributions 842 815
Depreciation 313 222
Loss on disposal of fixed assets 664 -
Independent Examiners Fee 232 215
=============== ===============
8. TANGIBLE FIXED ASSETS
Plant &
Equipment
£
COST
At 1 January 2020 2,945
Additions 1,250
Disposals (2,945)
-------------------------------
At 31 December 2020 1,250
===============================
DEPRECIATION
At 1 January 2020 2,281
Disposals (2,281)
Charge for the year 313
-----------------------------
At 31 December 2020 313
===========================
NET BOOK VALUE
At 31 December 2020 937
==========================
At 31 December 2019 664
==========================

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YEOVIL CHRISTIAN SUPPORT TRUST

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2020

9. DEBTORS

2020 2019
£ £
Income tax recoverable 3,370 389
Prepayments and accrued income - 168
-------------------------- --------------------------
3,370 557
========================== ==========================
CREDITORS: Amounts falling due within one year
2020 2019
£ £
Taxation and social security 851 865
Accruals 562 425
-------------------------- --------------------------
1,413 1,290
========================== ==========================

10. CREDITORS: Amounts falling due within one year

11. ANALYSIS OF NET ASSETS BY FUND

Unrestricted
 Designated Restricted
General Fund Funds Funds Total Funds
£ £ £ £
Tangible Fixed Assets 937 - - 937
-------------------------- --------------------------------- --------------------------------- --------------------------------
Current Assets:
Cash at bank and building society 111,925 25,000 5,000 141,925
Income tax recoverable 3,370 - - 3,370
----------------------------------- ----------------------------------- ----------------------------------- --------------------------------
115,295 25,000 5,000 145,295
----------------------------------- ----------------------------------- ----------------------------------- --------------------------------
Creditors: Amounts falling due within one year:
PAYE & National Insurance 851 - - 851
Accruals 562 - - 562
---------------------------- --------------------------------- --------------------------------- --------------------------------
1,413 - - 1,413
---------------------------- --------------------------------- --------------------------------- --------------------------------
Net current assets/(liabilities) 113,882 25,000 5,000 143,882
============================= =============================== =============================== ==============================
Total assets less current liabilities 114,819 25,000 5,000 144,819
============================= ================================ ================================ ==============================
--------------------------------- ---------------------------------- ---------------------------------- --------------------------------
FUND BALANCES 114,819 25,000 5,000 144,819
=============================== ================================== ================================== ===============================

During the year the Trustees agreed that the treatment of the Lords Larder Community Fund had previously been incorrect. This Fund was accordingly reassigned from an unrestricted designated fund to that of restricted as these funds have been pledged for the specific use of the Lord Larder Community Fund, referred to as the Community Fund within these accounts.

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YEOVIL CHRISTIAN SUPPORT TRUST

NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 DECEMBER 2020

12. RELATED PARTY TRANSACTIONS AND CONNECTED CHARITIES

The trustees have received no remuneration nor reimbursement for any expenses incurred in connection with the charity during the year (2019 £Nil).

Yeovil Christian Support Trust is connected to Yeovil Community Church Trust (registered number 1039903) and Yeovil Community Church (registered number 1170106) which has certain objects in common. The Charity has use of the premises of Yeovil Community Church free of charge, however due to the increased activity arising from the COVID pandemic a donation of £5,000 was made during this year.

13. LORDS LARDER COMMUNITY FUND GRANTS

2020
£
B & Q – Grass strimmer 29.00
Currys – Oven 410.00
AO – Fridge freezer 189.00
Polish passport 94.00
AO – Tumble dryer 269.00
Costs for cleaning flat 170.00
Counselling costs 200.00
Currys – Fridge freezer 269.98
Currys - Television 159.00
Argos – Oven 212.94
Argos – Mobile phone 103.98
Argos – 4 drawer divan bed 411.95
Currys – Oven & washing machine 546.49
Travel expenses for heart treatment 80.00
Mobility scooter batteries 450.00
Counselling costs 180.00
St Margaret’s Hospice Shop – Dining table & chairs 234.99
Wilko’s - Household items 10.00
Yeovil CAB – For homeless client 300.00
Dental treatment 268.00
Currys – Dishwasher 189.99
Currys – Electric oven 159.00
Amazon – Hoover 68.99
AO – Oven 349.00
AO – Oven 379.00
AO – Washing machine 524.00
------------------------------------------
6,258.31
==========================================

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