## **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** ## **CHARITY NO: 1095085 COMPANY NO: 04430106** AUKER RHODES PROFESSIONAL SERVICES LLP Chartered Accountants KEIGHLEY **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **CONTENTS** ||**Page**| |---|---| |Company Information|1| |Report of the Directors and Trustees|2 – 5| |Statement of Directors and Trustees Responsibilities|6| |Independent Examiner’s Report|7| |Statement of Financial Activities|8| |Balance Sheet|9 – 10| |Notes to the Financial Statements|11 – 18| |Detailed Statements of Financial Activities:|| |Unrestricted Funds|19 – 20| |Building Funds|21| |Other Restricted Funds|22 - 23| **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **COMPANY INFORMATION** LEGAL STATUS : A Company limited by guarantee not having a share capital. The governing instrument is the Company’s Articles of Association. The Company is a registered Charity. DIRECTORS AND TRUSTEES : I. Ravens D. Straughton A. Davies P Enright K Scott Da-Ebue Alfred Mrs N M Rhodes SECRETARY : I. Ravens REGISTERED OFFICE AND : Brigade House PRINCIPLE ADDRESS Brigade Close Harrow Middlesex HA2 0LQ REGISTERED CHARITY NUMBER : 1095085 COMPANY NUMBER : 04430106 SOLICITORS : Hill Hofstetter Ltd Trigen House Central Boulevard Blythe Valley Park Solihull B90 8AB ACCOUNTANTS : Auker Rhodes Professional Services LLP Chartered Accountants Aire Valley Business Centre Lawkholme Lane Keighley BD21 3BB BANKERS : Barclays Bank Plc 355 Station Road Harrow Middlesex HA1 2AN Page 1 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS AND TRUSTEES** The Directors and Trustees present their Report and Financial Statements for the year ended 31 March 2021. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **CHARITY NO:** 1095085 **COMPANY NO:** 04430106 The Charity operates from its registered office at Brigade House, Brigade Close, Middlesex, HA2 0LQ. The Directors and Trustees who served during the year are: P Enright I. Ravens D. Straughton A. Davies K Scott Da-Ebue Alfred (appointed 01-12-20) Mrs N M Rhodes (appointed 01-12-20) ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The Charity’s legal status is that of a Company Limited by Guarantee and is governed by the Company’s Articles of Association. Trustees are appointed by members of the company at Annual General Meetings or Extraordinary General Meetings. Trustees have the power to fill casual vacancies subject to approval at subsequent Annual General Meeting. ## **AGENTS AND ADVISERS** The Solicitors of the Charity are Hill Hofstetter Ltd, of Solihull. The Accountants of the Charity are Auker Rhodes Professional Services LLP, Chartered Accountants and Registered Auditors, of Keighley. ## **OBJECTIVES AND ACTIVITIES** The objective of the charity is the advancement of the Christian faith in accordance with the doctrines and practices laid out under the "Statement of Beliefs" in the Memorandum of Association. The Vision Statement for King's Church Harrow is as follows: _'To be an international family of 1000 worshippers, who love God above all else, enthusiastically tell others about Jesus and grow in maturity in Christ.’_ The following four key development areas have been identified: Equipping and developing leaders. Prayer. Making disciples of all nations. On mission together in Harrow. One church, three venues. Page 2 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS AND TRUSTEES** ## **OBJECTIVES AND ACTIVITIES Cont.** We aim to provide as many opportunities as possible for all people in the area to learn and benefit from the teaching of the Bible and the Christian message. With this in mind, we strive to be a church which is international in outlook and inclusive of people from different cultural and ethnic backgrounds, thus reflecting the diverse makeup of the population of Harrow. The trustees have complied with their duty to have due regard to the guidance on Public Benefit published by the Charity Commission in exercising their powers or duties . Throughout this financial year the church has had to adapt to the global coronavirus pandemic to continue its activities. The church continued to meet in line with restrictions at the time with most meetings taking place online. Meeting formats have included: - Weekly online meetings for the whole church held on a Sunday morning. - Online midweek prayer meetings held twice a week for the whole church. - Midweek life groups continued to meet online in which each church member is able to participate, develop friendships and receive pastoral support - A monthly online Friday evening prayer meeting. - Online youth meetings every fortnight on Friday evenings. - An online Alpha course (nine sessions), in partnership with Christ First Church Watford, on Tuesday evenings. - An online Prayer course (eight sessions) on Tuesday evenings ## **ACHIEVEMENTS AND PERFORMANCE** ## **Sunday Meetings** In line with the government guidelines during the global pandemic, we adapted our regular services including our Sunday meetings. Our Sunday meetings took place online during this period and were open to everyone in our Kingsbury and Vaughan venues. The meetings were also open to the public, however in order to ensure online safety, anyone wishing to join the meeting for the first time, was required to request the meeting details from the church office. Our teaching programme is designed to foster spiritual growth and faith as well as to inspire vision and provide encouragement for both the individual and the corporate church. We covered several series throughout the year including 'Encountering Jesus' from John's Gospel and ‘Eternity in Mind’ about Heaven. The presentation of the Gospel for the benefit of those new to or outside of the Christian faith is also a regular feature in our meetings. We give opportunity for people to respond to the message that has been given and we also offer prayer for healing of the sick. We were able to continue to do this online through a virtual ‘prayer room’ at the end of the service. We also gave opportunity for different members of the church to bring an encouragement and prayer during our Sunday meetings. On some Sundays, we have the opportunity to take communion together during the online service. Page 3 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS AND TRUSTEES** ## **ACHIEVEMENTS AND PERFORMANCE Cont.** ## **Church and community activities** We held a Good Friday and an Easter service online and devotional notes were provided for church members to use in the lead up to Easter. Our annual Christmas Carol Service was also online. In order to build up connections in the church, keep in contact with people and support people spiritually during the time when we were not able to meet in person, we also provide a weekly podcast from April to May covering Paul’s Prayers and a look at the book of Galatians. Later in the year, we put on two courses online, The Prayer Course and another looking at the Lord’s Supper. We also tried to utilise social media more to connect with people through daily prayer points and bible verse during the early part of the pandemic. We arranged three online quiz nights for members of the church and the wider community. In September 2020, we ran an online Alpha course in conjunction with Christ First Watford. Our youth club for eleven- to sixteen-year-olds held online meetings during this period. The purpose of these meetings is to facilitate the development of friendships and discipleship. ## **Prayer Events** This year we continued our monthly Prayer and Praise meetings. In addition, we held twice weekly, morning prayer meetings in response to the pandemic to pray for the church, the wider community and the country. In July we had a series of opportunities for people to sign up for individual prophetic appointments for prayer. We also had a number of prayer meetings in response to specific situations in the news and local community. ## **Kings’ English Class** Marta Biggart, a qualified and experienced ESOL teacher, is employed to offer a weekly term time English class from 1 to 3pm on a Monday at Brigade House. Due to Covid-19 restrictions these classes were instead delivered online with, on average, between five to ten students joining for each session. ## **Support for People with Mental Health Challenges** Cliff Nelson, one of the elders at King’s church, received training back in 2012 as a faith visitor from the Harrow Mental Health Service at Northwick Park Hospital. This role primarily involves responding to individual patient requests for a Christian faith visit on the Eastlake and Fernley Mental Health wards at Northwick Park hospital and hosting annual Christmas and Easter faith celebrations on the wards. Due to Covid-19 restrictions it was not possible to respond to requests for in person visits during the April 2020 to March 2021 period. Instead, we offered phone appointments for any patient who wanted support, who wished to talk about questions of faith, ask for prayer or wanted someone to listen to them and chat with them. It was not possible to go ahead with our usual Christmas and Easter celebration events, but we provided booklets, Bibles and appropriate literature to be distributed to any patients on the wards who were interested. ## **Ministry to the Poor** For the eleventh year running we worked in partnership with other churches in Harrow through a local charity we set up in the name of FirmFoundation, seeking to meet the needs of those who are homeless in the borough. Julian Saunders, one of our members, is employed full-time as Charity Manager by FirmFoundation. Page 4 ## ## ## ## ## ## ## ## ## **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **STATEMENT OF DIRECTORS AND TRUSTEES RESPONSIBILITIES** The trustees (who are also directors of King's Church, Harrow for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: - there is no relevant audit information of which the charitable company’s auditor is unaware; and - the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information. Page 6 KING'S CHURCH HARROW (A COMPANY LIMITED BY GUARAiYfEE) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF DIRECTORS AND TRUSTEES OF KING'S CHURCH HARROW I ￿port on the ac¢tyJnts ￿the CLryany f¢x the yearenlkd 31 2020 wlych a￿ set (Irt on pages 9 to 23. RESPECnVE RESPONSIBILmes OF TRUSTEES AND EXAIAINER The tnJst888 ltho are also th8 direcAOts of Ihe tompany for the puryjses of Ix)mp8ny Lwl are respon￿ble forthe preparation of the xcounts. The trLL4lees C￿sthr Ihat an audit i% rot reqUIr￿j ft>r Ihis yew under $e¢ti¢)n 144121 of the Charibe5 Act 2011 (the 2011 P£tl and that an independent exarnlnat￿ i5 Tree￿￿1. Having satisffi￿ my5eW that the is rY)t Subl￿t to wdit wder cLry8ny Iw and is eSgiNe for independ8nl ewination. it is my re¥￿IL￿ty to.. examine the accLwnts under secti)n 145 ol the 2011 Ac¢ th8 prccadures lad in the gener4 Diw*Ms g¥en ty thg Charity CcrfnnN55h?n under s8cliDn 14515llbl ol 2011 *Lt", and state vthelher Pa1￿cJJLar [[￿tte￿ have cun8 to my aitentM)n. BASIS OF INDEPENDE1￿ EXAMINER'S REPORT My 8xaminatK)n was canied out ￿ ac¥*rdance vmlh genwa t)ffthns gN8n ty th8 Charity CL¥nrn*sion. An exam1nats"c￿ indudes a wew of the ac(£yJnting retor&s kept by the charity aThJ a o)mparison d the accwnts p￿sented vAlh Ihose rec(Yd5. 11 a50 ind￿JeS consuyerakn of any unusual or di%d05ure5 ill Ihe accwnts, and seeking ewanalions from yw as tNstees conc8ming any suth matters. The pr￿￿ureS undertaken do not provide all thè 8wdence tFwt wxjkl i% re￿ir￿1 in an aLxIit. and Cl￿nty rw) opinth is gwen as ￿ whelherth& a¢L¥)unts preswrt a Inje and fair WI￿ the repjrt i8 ￿Thted to those matters set ITh Ihe ststernent beknw. INDEPENDEPIT EXAIAINER'S STATÉIAENT In WnneCt￿ with my examination. r¥) mBtter hBS cl￿ to my 8tten11c￿'. which gN8s m8 reaxrtablè cause lo b￿leVe thaL any matsri￿ rèsp8Ct. Ihe requiramènls.. lo keep wuntsng reo)rds in aC￿￿danCe 386 387 ofthe Cc¥npanies Ac12006,' and to Kxepare atr￿nts whic* accord with Ihe a￿¥)unb"r¥J record5, vmh the acc)>Jnling reouirements of seclkms 394 and 395 of ts Conpanies A¢t 21MJ3 with the ftElhfyY$ and prin￿￿e$ of the Acthuntity Reporbng by CharitE5.' Ststerrent of Recommended Practi applicable lo charibes preparirvj their a￿A￿￿nL8 in at£ordance ¥￿th IhÈ Financial Reporting Standard appli(*ble in Ihe UK and RewNic of Ird8nd IFRS1021 leffth 1 janu￿ 20151 to which, in my wnw)n. attentuM slKwld LE to enable the kryer understanding of the lo be reac*￿￿. 2yd No¥erntw 2021 YON Rhodu Profe5wonal SeFvlce8 LLP rtered A(rA)UThtants Auk Air? Valley Busin8ss Centra Lawkhdme Lane KeigNey BD21 3BB Page 7 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021 (INCORPORATING INCOME AND EXPEDITURE ACCOUNT)** |**Unrestricted**
**Notes**
**Funds**
**£**
**INCOMING RESOURCES**
Voluntary Income
**2**
159,120
Activities for Generating Funds
**3**
19,375
Investment Income
**4**
29
**Total Incoming Resources**
178,524
**RESOURCES EXPENDED**
**Cost of Generating Funds**
36
**Governance Costs**
**5**
6,784
**Charitable Activities**
Staff Costs
**6**
97,549
Premises and Equipment Costs
**7**
43,907
Administration Costs
**8**
6,625
Other Charitable activities Costs
**9**
10,377
Mortgage loan interest
-
158,458
**TOTAL RESOURCES EXPENDED**
165,278
**NET INCOMING RESOURCES**
13,246
Net Transfers Between Funds
(17,648)
**Balances Brought Forward**
83,828
**Balances Carried Forward**
79,426|**Restricted**
**Funds**
**£**
9,035
-
2
9,037
-
-
-
11,459
300
1,867
7,292
20,918
20,918
(11,881)
17,648
317,841
323,608|**Total Funds**
**Total Funds**
**2021**
**2020**
**£**
**£**
168,155
152,026
19,375
35,419
31
105
187,561
187,550
36
57
6,784
6,192
97,549
92,622
55,366
40,918
6,925
8,558
12,244
17,161
7,292
9,589
179,376
168,848
186,196
175,097
1,365
12,453
-
-
401,669
389,216
403,034
401,669| |---|---|---| Page 8 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **BALANCE SHEET AT 31 MARCH 2021** |**Notes**
**FIXED ASSETS**
Tangible Assets
**10**
**CURRENT ASSETS**
Debtors
**11**
Cash at Bank
**CREDITORS**
Amounts Falling Due Within
One Year
**12**
**Total assets less current liabilities**
**CREDITORS**
Amounts Falling Due after
more than One Year
**13**
**NET ASSETS**
**RESERVES**
Unrestricted Funds
**14**
Designated Funds
**14**
Restricted Funds
**14**|**£**
**£**
**£**
**£**
461,635
473,210
32,675
31,420
70,505
69,932
103,180
101,352
26,512
17,607
76,668
83,745
538,303
556,955
135,269
155,286
403,034
401,669
74,356
66,027
5,070
17,801
323,608
317,841
403,034
401,669
**2021**
**2020**| |---|---| Page 9 ## ## **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **1. ACCOUNTING POLICIES** The financial statements of the charitable company, which is public benefit entity under FRS102, have been prepared in accordance with the Charities SORP (FRS102). ‘Accounting and Reporting by Charities: 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 (effective 1 January 2015)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard FRS102 applicable in the UK and Republic of Ireland’ EEA, the and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. - a. All grants and voluntary income are accounted for gross when receivable, as long as they are capable of financial measurement. - b. All expenditure is accounted for gross, and when incurred. - c. Direct Charitable Expenditure includes the cost of travel specifically incurred in connection with charitable expenditure plus the personnel and other costs associated with the management of the projects. - d. Depreciation is provided to write off the cost or valuation, less estimated residual values, of all fixed assets over their expected useful lives. It is calculated at the following rates: Fixtures, Fittings & Equipment 10% on cost Computer Equipment 33% on cost Freehold property 2% on cost - e. Fund-raising and publicity expenses include expenses incurred directly by the Company and those incurred by third parties in raising Charity funds for the Company and paid directly by the company at the fund raisers request. - f. The Charity makes contributions into an employee's stakeholder pension plan. Contributions payable to the charitable company’s pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **2. VOLUNTARY INCOME** |**Unrestricted**
**Funds**
**2021**
**£**
Tithes
125,098
Offerings
5,190
Stewardship / Charities Aid Incom
-
Income Tax Recovered
28,832
159,120|**Restricted**
**Funds**
**2021**
**£**
1,375
5,049
1,167
1,444
9,035|**Total**
**Total**
**Funds**
**Funds**
**2021**
**2020**
**£**
**£**
126,473
119,306
10,239
4,770
1,167
1,167
30,276
26,783
168,155
152,026| |---|---|---| Page 11 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **3. ACTIVITIES FOR GENERATING FUNDS** |Miscellaneous Income
Rental Income
English Class Income
Fitness Class Income|**Unrestricted**
**Funds**
**2021**
**£**
9,268
10,000
-
107
19,375|**Restricted**
**Funds**
**2021**
**£**
-
-
-
-
-|**Total**
**Total**
**Funds**
**Funds**
**2021**
**2020**
**£**
**£**
9,268
-
10,000
33,681
-
148
107
1,590
19,375
35,419| |---|---|---|---| ## **4. INVESTMENT INCOME** ||**Unrestricted**|**Restricted**|**Restricted**|**Total**||**Total**| |---|---|---|---|---|---|---| ||**Funds**|**Funds**||**Funds**||**Funds**| ||**2021**|**2021**||**2021**||**2020**| ||**£**|**£**||**£**||**£**| |Income Received From||||||| |Cash Deposits|29||2||31|105| ## **5. GOVERNANCE COSTS** |Legal & Professional fees
Registrations & Subscriptions
DBS / CRB Checks
Insurance|**Unrestricted**
**Funds**
**2021**
**£**
2,860
1,695
381
1,848
6,784|**Restricted**
**Funds**
**2021**
**£**
-
-
-
-
-|**Total**
**Funds**
**2021**
**£**
2,860
1,695
381
1,848
6,784|**Total**
**Funds**
**2020**
**£**
2,741
1,123
169
2,159| |---|---|---|---|---| |||||6,192| Page 12 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **6. STAFF COSTS** Staff costs were as follows: The pension costs represent contributions payable by the charity for the year. |Directors Remuneration
Wages and Salaries
Social Security Costs
Pension Costs|**Unrestricted**
**Funds**
**2021**
**£**
34,329
51,108
4,132
7,980
97,549|**Restricted**
**Funds**
**2021**
**£**
-
-
-
-
-|**Total**
**Funds**
**2021**
**£**
34,329
51,108
4,132
7,980
97,549|**Total**
**Funds**
**2020**
**£**
28,365
52,925
4,153
7,179| |---|---|---|---|---| |||||92,622| The average number of employees during the year was as follows: ||**2021**||**2020**|| |---|---|---|---|---| |Administration and support||5||5| ## **7. PREMISES AND EQUIPMENT COSTS** |Rates
Room Hire
Repairs and Renewals
Depreciation|**Unrestricted**
**Funds**
**2021**
**£**
149
13,000
27,780
2,978
43,907|**Restricted**
**Funds**
**2021**
**£**
-
-
-
11,459
11,459|**Total**
**Total**
**Funds**
**Funds**
**2021**
**2020**
**£**
**£**
149
237
13,000
22,870
27,780
3,674
14,437
14,137
55,366
40,918| |---|---|---|---| Page 13 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **8. ADMINISTRATION COSTS** |Telephone
Electricity and Gas
Computer Costs
Printing and Stationery
Entertaining
Travelling expenses
Bank charges
Sundry Expenses|**Unrestricted**
**Funds**
**2021**
**£**
654
3,712
486
1,154
6
45
123
445
6,625|**Restricted**
**Funds**
**2021**
**£**
-
-
-
-
-
-
300
-
300|**Total**
**Funds**
**2021**
**£**
654
3,712
486
1,154
6
45
423
445
6,925|**Total**
**Funds**
**2020**
**£**
579
4,794
385
1,657
42
21
466
614| |---|---|---|---|---| |||||8,558| ## **9. OTHER CHARITABLE ACTIVITIES COSTS** |Gifts
Newday Youth Event
Visiting Speakers
Conferences and Training
Ashburnham Event
Books and C/Ds
Fitness Classes
PA Expenses
Children and Young People
Catering and Social Events|**Unrestricted**
**Funds**
**2021**
**£**
10,107
-
-
15
-
-
-
54
96
105
10,377|**Restricted**
**Funds**
**2021**
**£**
1,867
-
-
-
-
-
-
-
-
-
1,867|**Total**
**Funds**
**2021**
**£**
11,974
-
-
15
-
-
-
54
96
105
12,244|**Total**
**Funds**
**2020**
**£**
11,383
57
160
981
256
10
1,000
306
31
2,977| |---|---|---|---|---| |||||17,161| Page 14 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **10. FIXED ASSETS** |**Cost**
Cost at 1 April 2020
Additions
Disposals
Cost Carried Forward
**Depreciation**
Depreciation at 1 April 2020
Depreciation Charge for Year
Eliminated on disposals
Depreciation Carried Forward
Net Book Value at 31 Mar 2021
Net Book Value at 31 Mar 2020|**Freehold**
**Property**
**Building Fund**
**£**
550,356
-
-
550,356
88,056
11,007
-
99,063
451,293
462,300|**Total**
**General Fund**
**Building Fund**
**£**
**£**
**£**
45,203
4,525
600,084
2,862
-
2,862
-
-
-
48,065
4,525
602,946
35,323
3,495
126,874
2,978
452
14,437
-
-
-
38,301
3,947
141,311
9,764
578
461,635
9,880
1,030
473,210
**Fixtures, Fittings and**
**Equipment**| |---|---|---| ## **11. DEBTORS** |Income Tax Recoverable
Loans
Prepayments|**2021**
**2020**
**£**
**£**
30,276
26,782
1,800
2,100
599
2,538
32,675
31,420| |---|---| Page 15 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **12. CREDITORS: Amounts falling due within one year** |Accrued Expenses
Bank Mortgage loan
Social Security|**2021**
**2020**
**£**
**£**
13,102
6,268
11,213
9,313
2,197
2,026
26,512
17,607| |---|---| Creditors amounts falling due within one year includes the following liabilities, on which security has been given by the Church: |Bank Mortgage loan|**2021**
**£**
11,213
11,213|**2020**
**£**
9,313| |---|---|---| |||9,313| ## **13. CREDITORS: Amounts falling due after more than one year** |Bank Mortgage loan|**2021**
**£**
135,269
135,269|**2020**
**£**
155,286| |---|---|---| |||155,286| Creditors amounts falling due after more than one year includes the following liabilities, on which security has been given by the Church: |Bank Mortgage loan
Instalments not due within five years|**2021**
**£**
135,269
135,269
**2021**
**£**
76,087|**2020**
**£**
155,286| |---|---|---| |||155,286
**2020**
**£**
97,165| Page 16 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **14. STATEMENT OF FUNDS** |**General Fund**
**Total Unrestricted Funds**
**Designated Funds**
Church Planting
Kingsbury Fund
Brigade House Maint. Fund
Relief Fund
**Total Designated Funds**
**Restricted Funds**
Building Fund
Worship Director Fund
Gift Management Fund
Caraid Baby Bank Fund
Hardship Fund
**Total Restricted Funds**
**Total Funds**|**At 1 April**
**2020**
**£**
66,027
66,027
12,402
(723)
5,872
250
17,801
316,930
499
412
-
-
317,841
401,669|**Income**
**£**
169,149
169,149
-
9,375
-
-
9,375
1,621
-
2,042
1,475
3,899
9,037
187,561|**Expense**
**£**
(121,654)
(121,654)
-
(43,048)
(576)
-
(43,624)
(19,051)
-
(1,867)
-
-
(20,918)
(186,196)|**At 31 March**
**Transfers**
**2021**
**£**
**£**
(39,166)
74,356
(39,166)
74,356
(12,402)
-
33,920
(476)
-
5,296
-
250
21,518
5,070
17,780
317,280
(499)
-
-
587
-
1,475
367
4,266
17,648
323,608
-
403,034| |---|---|---|---|---| The general fund represents the free funds of the charity which are not designated for particular purposes. The building fund is restricted to the costs in respect of the maintenance and up keep of Brigade House plus serving the mortgage repayments. The worship director fund was set up for the purpose of employing a worship director. Brigade House Maintenance Fund was set up for the purpose of contingency to cover any emergency repairs at Brigade House. Page 17 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **15. ANALYSIS OF NET ASSETS BETWEEN FUNDS** |Tangible Fixed Assets
Current Assets
Current Liabilities
Non Current Liabilities|**Unrestricted**
**Funds**
**£**
7,867
69,787
(15,299)
12,000
74,355|**Designated**
**Funds**
**£**
1,897
3,174
-
-
5,071|**Restricted**
**Total**
**Funds**
**Funds**
**£**
**£**
451,871
461,635
30,219
103,180
(11,213)
(26,512)
(147,269)
(135,269)
323,608
403,034| |---|---|---|---| ## **16. TRANSACTIONS WITH DIRECTORS AND TRUSTEES** There were no such transactions during the year. ## **17. RELATED PARTY TRANSACTIONS** There were no such transactions during the year. ## **18. CONTROL** The Charity was under the control of the Directors and Trustees throughout the current and previous year. Page 18 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 UNRESTRICTED FUNDS** |**INCOMING RESOURCES**
Tithes
Offerings
Income Tax Recovered
Interest Received
Miscellaneous Income
Rental Income
English Class Income
Fitness Class Income
**Total Incoming Resources**
**RESOURCES EXPENDED (Page 21)**
**NET INCOMING RESOURCES**
Net Transfers Between Funds
Balance at 1 April 2020
Balance at 31 March 2021|**General**
**Funds**
**£**
125,098
5,190
28,832
29
9,268
10,000
-
107
178,524
(165,278)
13,246
(17,648)
83,828
79,426|**2021**
**2020**
**£**
**£**
125,098
117,606
5,190
1,055
28,832
25,516
29
89
9,268
-
10,000
33,681
-
148
107
1,590
178,524
179,685
(165,278)
(152,689)
13,246
26,996
(17,648)
(19,191)
83,828
76,023
79,426
83,828
**Total Unrestricted Funds**| |---|---|---| Page 19 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 UNRESTRICTED FUNDS** |**RESOURCES EXPENDED**
Salaries
Gifts:
Newfrontiers
FirmFoundation
Hardship
Others
Visiting Speakers
Conferences and Training
Outreach and Publicity
Rates
Room Hire
Insurance
Electricity and Gas
Telephone
Computer Costs
Printing and Stationery
Repairs and Renewals
Travelling expenses
Books and Tapes
Ashburnham Event
Newday Youth Event
P. A. Expenses
Fitness Classes
Children and Young People
Catering and Social Events
Entertaining
Legal and Professional
Sundry Expenses
Bank Charges
Depreciation of Fixed Assets
Furniture, Fixtures & Equipment|**General**
**Funds**
**£**
97,549
7,200
1,125
1,049
733
-
15
36
150
13,000
1,848
3,712
654
486
1,154
27,780
45
-
-
-
54
-
96
104
6
2,860
2,521
123
2,978
165,278|**2021**
**2020**
**£**
**£**
97,549
92,622
7,200
8,400
1,125
-
1,049
150
733
1,472
-
160
15
981
36
57
150
237
13,000
22,870
1,848
2,159
3,712
4,794
654
579
486
385
1,154
1,657
27,780
3,674
45
21
-
10
-
256
-
57
54
306
-
1,000
96
31
104
2,977
6
42
2,860
2,742
2,521
1,906
123
466
2,978
2,678
165,278
152,689
**Total Unrestricted Funds**| |---|---|---| Page 20 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 BUILDING FUNDS (RESTRICTED)** |**INCOMING RESOURCES**
Tithes
Offerings
Income Tax Recovered
Investment Income
**Total Incoming Resources**
**RESOURCES EXPENDED**
Bank Charges
Bank loan interest
Depreciation of Fixed Assets
Freehold property
Furniture, Fixtures & Equipment
**Total Expended Resources**
**NET INCOMING RESOURCES**
Net Transfers Between Funds
Balance at 1 April 2020
Balance at 31 March 2021|**Building**
**Fund**
**£**
1,275
75
269
2|**2021**
**2020**
**£**
**£**
1,275
1,700
75
3,561
269
1,228
2
16
1,621
6,505
300
-
7,292
9,589
11,007
11,007
452
452
19,051
21,048
~~-~~
(17,430)
(14,543)
17,780
19,191
316,930
312,282
317,280
316,930
**Total Building Funds**| |---|---|---| ||1,621
300
7,292
11,007
452|| ||19,051|| ||(17,430)
17,780
316,930|| ||317,280|| Page 21 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 OTHER RESTRICTED FUNDS** |**INCOMING RESOURCES**
Offerings
Income Tax Recovered
Charities Aid Income
**Total Incoming Resources**
**RESOURCES EXPENDED**
Gifts Hardship & Other
**Total Expended Resources**
**NET INCOMING RESOURCES**
Net Transfers Between Funds
Balance at 1 April 2020
Balance at 31 March 2021|**Worship**
**Director**
**Fund**
**£**
-
-
-
-
-
-
-
(499)
499
-|**Gift**
**Mangement**
**Fund**
**£**
700
175
1,167
2,042
1,867
1,867
175
-
412
587|**2021**
**2020**
**£**
**£**
700
155
175
39
1,167
1,167
2,042
1,361
1,867
1,361
1,867
1,361
175
-
499
-
-
911
911
587
911
**Restricted Funds**
**Total Other**| |---|---|---|---| Page 22 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2020 OTHER RESTRICTED FUNDS** |**INCOMING RESOURCES**
Tithes
Offerings
Income Tax Recovered
**Total Incoming Resources**
**RESOURCES EXPENDED**
Gifts Hardship & Other
**Total Expended Resources**
**NET INCOMING RESOURCES**
Net Transfers Between Funds
Balance at 1 April 2020
Balance at 31 March 2021|**Caraid**
**Bank Baby**
**Fund**
**£**
-
1,200
275
1,475
-
-
1,475
-
-
1,475|**Hardship**
**Fund**
**£**
100
3,074
725
3,899
-
-
3,899
367
-
4,266|**2021**
**2020**
**£**
**£**
100
-
4,274
-
1,000
-
5,374
-
-
-
-
-
5,374
-
367
-
-
-
5,741
-
**Restricted Funds**
**Total Other**| |---|---|---|---| Page 23