| Page | |||
|---|---|---|---|
| Trustees'annualreport | |||
| Independent examiner's report to the trustees |
|||
| Statement offinancial | activities | ||
| Statement offinancial | position | ||
| Notes to the financial | statements | ||
| The following pages |
do not form part ofthe financial statementa | ||
| Detailed statement offinancial activities |
13 | ||
| Notes to the detailed | statement | offinancial activities | 14 |
| Reference and administrative | Reference and administrative | Reference and administrative | detags |
|---|---|---|---|
| Registered | charity | name | Glencroft Church (Glen Parve) Trust |
| Charity registration | number | 1096627 | |
| Principal olfice | 30 Hilders Road | ||
| Leicester | |||
| LE36HD | |||
| The trustees | |||
| MrJEDuffin | |||
| MrJ M Shepherd | |||
| MrSM Brown | |||
| MrJ Klrby | |||
| Mr PA Denshsm | |||
| MrSChandler | |||
| Independent | examiner | Mark Illingswoth | |
| The Old Mill, | |||
| 9Soar Lans | |||
| Leicester | |||
| LE35DE |
| Y | ea | r ended | 31Decemb | er 2020 | ||||
|---|---|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||||
| Unrestricted | Restricted | |||||||
| Note | funds 8 |
funds 6 |
Total funds r, |
Total funds f |
||||
| Income and | endowments | |||||||
| Donations and legacies |
71,085 | 35,511 | 108,598 | 99,482 | ||||
| Other income | 354 | 354 | 2,573 | |||||
| Total income | 71,439 | 35,511 | 106,950 | 102,055 | ||||
| Expendltum | ||||||||
| Expenditure | on charitable | activities | 6,7 | 59,518 | 19,744 | 79,263 | 68,325 | |
| Total expenditure | 59,518 | 19,744 | 79,283 | 68,325 | ||||
| Net income | snd nst movement | In | funds | 11,921 | 15,767 | 27,687 | 33,730 | |
| Reconciliation offunds | ||||||||
| Total funds | brought forward | 440,398 | — | 440,398 | 408,689 | |||
| Total funds | carried foneard | 452,319 | 15,787 | 468,086 | 440,398 |
| 2020 | 2018 | |||
|---|---|---|---|---|
| 2 | ||||
| Fixed assets | ||||
| Tangible fixed assets | 12 | 439,874 | 408,601 | |
| Curmnt assets | ||||
| Debtors Cash at bank and in |
hand | 13 | 9,172 20,878 |
15,879 18,975 |
| 30,050 | 32,854 | |||
| Creditors: amounts | faglng due within one year | 14 | 1,639 | 1,056 |
| Net current assets | 28,411 | 31,798 | ||
| Total assets less cunsnt gabiliass | 468,085 | 440,399 | ||
| Net assets | 468,085 | 440,399 | ||
| Funds ofthe charity | ||||
| Restricted funds | 5,767 | |||
| Unrestricted funds |
462,319 | |||
| Total charity funds | 16 | 488,086 | 440,398 |
| value, overthe useful econo | mic life ofthat asset as follows: |
|---|---|
| Freehold properly | 2%straight line |
| Fixtures and fittings | 25% reducing balance |
| Motor vehides | 25% reducing balance |
| Donstlone and legacies | |||
|---|---|---|---|
| Unreshicted | Restricted | Total Funds | |
| Funds | Funds | 2020 | |
| 6 | 6 | ||
| Donations | |||
| Dorsdions | 60,193 | 1,700 | 81,893 |
| Refurbishment | |||
| Gift Aid | 10,892 | 991 | 11,883 |
| Gifts | |||
| Glffs | 32,820 | 32,820 | |
| 71,085 | 35,511 | 106,596 | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2019 | |
| 8 | 8 | 6 | |
| Donations | |||
| Donations | 57,744 | 57,744 | |
| Refurbishment | 12,709 | 12,709 | |
| Gift Aid | 15,879 | 15,879 |
| Unrestricted | Restricted | Total Funds | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | 2019 | ||||
| 6 | ||||||
| Gifts | ||||||
| Gifts | 13,150 | 13,150 | ||||
| 73,623 | 25,859 | 99,482 | ||||
| 5. | Other Income | |||||
| Unrestricted | Tohrl Funds | Unrestricted | Total Funds | |||
| Funds | 2020 | Funds | 2019 | |||
| 5 | 6 | 6 | 5 | |||
| Other income | 174 | 174 | 863 | 863 | ||
| Camp | 180 | 180 | 1,710 | 1,710 | ||
| 354 | 354 | 2,573 | 2,573 | |||
| 6. | Expenditure | on charitable activities by fund lype | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2020 | ||||
| 6 | r. | 6 | ||||
| Charitable activities Support costs |
58,175 1,343 |
19,744 | 77,920 1,343 |
|||
| 59,518 | 19,744 | 79,263 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds 6 |
Funds 6 |
2019 f |
||||
| Charitable | activities | 47,855 | 19,614 | 87,268 | ||
| Support costs | 1,057 | 1,057 | ||||
| 48,712 | 19,814 | 68,325 |
| Activities | |||||||
|---|---|---|---|---|---|---|---|
| undertaken | Total | funds | Total fund | ||||
| directly 6 |
Support | costs | 2020 6 |
2019 6 |
|||
| Charitable Governance |
activities costs |
77,920 | 1,343 | 77,920 1,343 |
87,288 1,057 |
||
| 77,920 | 1,343 | 79,283 | 68,325 |
| Nst income | Nst income | Nst income | ||
|---|---|---|---|---|
| Net income isstated after chargtngr(credigng): | ||||
| 2020 | 2019 | |||
| Depreciation | oftangible fixed assets | 11,927 | 12,057 | |
| Independent | examination fess | |||
| 2020 | 2019 | |||
| 6 | ||||
| Fees payable tothe independent | examiner for. | |||
| Independent | examination ofthe |
financial statements | 1,058 |
| 12. | During the year two trustees w amounting to6447 (2019:anil). Tangible fixed assets |
ars reimbursed for g |
eneral expenses |
incurred by |
the Charity |
|---|---|---|---|---|---|
| Freehold | Fixtures and | Motor | |||
| property | fitbngs | vehicles f |
Total f |
||
| Cost | |||||
| At 1January 2020 | 404,814 | 6,245 | 9,599 | 420,658 | |
| Additions | 43,000 | 43,000 | |||
| At31December 2020 | 447,814 | 6,245 | 9,599 | 463,658 | |
| Depreciation | |||||
| At 1 Jsnuary2020 | 8,096 | 1,561 | 2,400 | 12,057 | |
| Charge forthe year | 8,957 | 1,171 | 1,799 | 11,927 | |
| At 31December 2020 | 17,053 | 2,732 | 4,199 | 23,984 | |
| Carrying amount | |||||
| At31December 2020 | 430,761 | 3,513 | 5,400 | 439,674 | |
| At 31December 2019 | 396,718 | 4,684 | 7,199 | 408,601 | |
| 13. | Debtors | ||||
| 2020 | 2019 | ||||
| 5 | |||||
| Other debtom | 9,172 | 15,879 |
| At | At | ||||||
|---|---|---|---|---|---|---|---|
| 1 January 202 | 31 | December | |||||
| f | 0 | Income | Expendituref | Transfers f |
2020 F |
||
| General funds | 440,398 | 71,439 | (59,518) | 10,000 | 462,319 | ||
| At | At | ||||||
| 1 January 201 | 31 | December | |||||
| 9 | Income f |
Expenditure f |
Transfers f |
2019 f |
|||
| General funds | 408,669 | 76,196 | (48,712) | 6245 | 440398 | ||
| Restricted | funds | ||||||
| At | At | ||||||
| 1 January 202 | 31 | December | |||||
| 0 | Income f |
Expenditure f |
Transfersf | 2020 f |
|||
| Restricted | Fund | 35,511 | (19,744) | (10,000) | 5,767 | ||
| At | At | ||||||
| 1 January 201 | 31 | December | |||||
| f | 9 | Income f |
Expenditure f |
Transfers | 2019 f |
||
| Restdcted | Fund | 25,859 | (19,814) | (8,245) |
| Analysis ofnet assets between funds | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2020 | |
| 8 | |||
| Tangib)e fixed assets Current assets |
426,161 30,050 |
13,513 | 439,874 30.050 |
| Creditors less than 1 year | (1.639) | (1,639) | |
| Net assela | 454,572 | 13,513 | 468,085 |
| Unrestricted | Resb icted | Total Funds | |
| Funds | Funds | 2019 | |
| 6 | 8 | 8 | |
| Tangible gxed assets | 403,917 | 4,884 | 408,601 |
| Current assets Creditors less than 1year |
32,854 (1,056) |
32,854 (1,056) |
|
| Net assets | 435,715 | 440,399 |
| 2020 | 2019 | ||
|---|---|---|---|
| Income and endowments | g | ||
| Donations and |
legades | ||
| Donegons | 61,893 | 57,744 | |
| Refurbishment | 12,709 | ||
| Gilt Aid | 11,883 | 15,879 | |
| Gifts | 32,820 | 13,150 | |
| 106.5S6 | 99,482 | ||
| Other income | |||
| Other income | 174 | 863 | |
| Camp | 180 | 1,710 | |
| 354 | 2,573 | ||
| Total Income | 106,950 | 102,055 | |
| Expenditum | |||
| Expenditure on |
charitable acthritles | ||
| Wages and sahrries | 2,322 | ||
| Light and heat | 2,357 | 2,700 | |
| Repairs and maintenance | 590 | 7,754 | |
| Insurance | 814 | 580 | |
| Legal and professional fees | 1,343 | 1,057 | |
| Telephone | 819 | 217 | |
| Other office costs | 409 | 4.077 | |
| Depreciation | 11,927 | 12,057 | |
| Visiting preachers | 295 | 1,260 | |
| Oulreach expenses | 1,168 | 2,094 | |
| Bible exhibition | 2,149 | ||
| Youth/childrsns' | work | 1,979 | 2,852 |
| Books/literature/tapes/library | 3,109 | 139 | |
| Missionary support |
44,615 | 29,420 | |
| Music licence | 773 | 681 | |
| Mini bus | 317 | 1,039 | |
| Glen Hills | 2,676 | 249 | |
| Donations made |
3,950 | ||
| 79,263 | 68,325 | ||
| Total expenditure | 79,263 | 68,325 | |
| ltet income | 27,887 | 33,730 |
| Year ended 31Decem | ber 2020 | |||
|---|---|---|---|---|
| 2019 | ||||
| 8 | ||||
| Expenditure on |
charitable acttvtttes | |||
| Charitable activities |
||||
| Actfvtf/es undertaken | direcffr | |||
| Wages/salaries | 2,322 | |||
| Light &heat | 2,357 | 2,700 | ||
| Repairs &maintenance | 590 | 7,754 | ||
| Insurance | 814 | 580 | ||
| Telephone/internet | 819 | 217 | ||
| Other oflice costs | 409 | 4,077 | ||
| Depreciation | 11,927 | 12,057 | ||
| Visting preachers | 295 | 1,280 | ||
| Outreach expenses | 1,168 | 2,094 | ||
| Bible exhibition | 2,149 | |||
| Youth/childrens' | work | 1,979 | 2,852 | |
| Books/literature/tapesRibrary | 3,109 | 139 | ||
| Missionary support |
44,615 | 29,420 | ||
| Music licence | 773 | 681 | ||
| Mini bus | 317 | 1,039 | ||
| Glen Hills | 2,676 | 249 | ||
| Donations made | 3,950 | |||
| 77,920 | 67,268 | |||
| Governance costs |
||||
| Governance costs - accountancy fees |
1,057 | |||
| Expenditure on |
charitable activities | 79,263 | 68,325 |