2021-12-31-accounts - Glencroft Church (Glen Parva) Trust

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Trustees' annual report
Independent examiner's report		to the trustees
Statement offinancial	activities
Statement of financial	position
Notes to the financial statements
The following pages	do not form part of		the financial statements
Detailed statement of	financial	activities		13
Notes to the detailed statement		offinancial	activities	15

	Year	ended	31Decembe	r 2021
				2021		2020
		Note	Unrestncted funds 6	Restn cted funds 6	Total funds E	Total funds 6
income and endowments Donations and legacies Other income Total income			71,300 1,292 72,592	30,349 30,349	101,649 1,292 102,941	106,596 354 106,950
Expenditure Expenditure on charitable Total expenditure	activities	6,7	77,220 77,220	34,016 34,016	111,236 111,236	79,263 79,263
Net (expenditure)/income movement in funds	and net		(4,628)	(3,667)	(8,295)	27,687
Reconciliation offunds Total funds brought forward Total funds carried forward			462,319 457,691	5,767 2100	468,086 459791	440,398 468,086

		31 December 2	621
				2921	2020
			Note	8
Fixed assets
Tangible fixed assets			12	433,512	439,674
Current assets Debtors				9,473	9,172
Cash at bank and in hand				19,958	20,878
				29,431	30,050
Creditors: amounts	falling	due within one year	14	3,152	1,639
Net current assets				26,279	28,411
Total assets less current		liabilities		459,791	468,085
Net assets				459,791	468,085
Funds ofthe charity Restricted funds Unrestricted funds				2,100 457,691	5,767 462,319
Total charity funds			16	459,791	468,086

value, over the useful econo	mic life ofthat asset as follows:
Freehold property Fixtures and fittings	2% straight line 25% reducing balance
Motor vehicles	25% reducing balance

Donations and legacies frontlnvecfJ
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
	E	E	E
Grants Grants receivable	1,320 71,300	30,349	1,320 101,649
	Unrestricted Funds	Restricted Funds	Total Funds 2020
	E	E	E
Donations Donations Gift Aid	60,193 10,892	1,700 991	61,893 11,883
Gifts		32,820	32,820
Gifts
Grants
Grants receivable	71,085	35,511	106,596

	Unrestricted Funds	Restncted Funds	Total Funds 2021
		E	E
Charitable activities Support costs	75,961 1,259 77,220	34,016 34,016	109,977 1,259 111,236
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
		E
Charitable activities Support costs	58,175 1,343 59,518	19,744 19,744	TT,920 1,343 79,263

8.	Net (expenditure)/income	Net (expenditure)/income
	Net (expenditure)/income is stated after charging/(crediting):		2021	2020 f
	Depreciation	oftangible fixed assets	11,438	11,927
9.	Independent	examination fees
			2021	2020 f
	Fees payable Independent	to the independent examiner for: examination ofthe financial statements	1,260	1,344

2.	Tangible fixed assets
			Freehold property	Fixtures and fittings	Motor vehicles	Total
			8
	Cost At 1 January 2021 Additions		447,814	6,245 5,276	9,599	463,658 5,276
	At31 December 2021		447,814	11,521	9,599	468,934
	Depreciation At 1 January 2021 Charge for the year At 31 December 2021		17,053 8,956 26,009	2,732 1,132 3,864	4,199 1,350 5,549	23,984 11,438 35,422
	Carrying amount At 31 December 2021		421,805	7,657	4,050	433,512
	At 31 December 2020		430,761	3,513	5,400	439,674
13.	Debtors
					2021	2020
	Other debtors				9,473	9,172
14,	Creditors: amounts	falling due within one year
					2021	2020
	Accru'als and deferred income Social security and other taxes				2,460 543 149	1,200 439
	Other creditors
					3,152	1,639

Analysis of charitab	le fun	ds
Unrestricted funds				At					At
General funds	1 January 20 21 f 462,319				Income 72,592	Expenditure (77,220)	Transfers f	31Decembe r2021 f 457,691
				At					At
General funds	1	January 20 20 f 440,398			Income f 71,439	Expenditure f (59,518)	Transfersf 10,000	31	December 2020 462,319
Restricted funds				At					At
	1	January		20 21	Income f	Expenditure f	Transfers	31 Decembe r 2021 f
Restricted Fund		5,767			30,349	(34,016)			2,100
Restricted Fund	At 1 January 20 20 f				Income f 35,511	Expenditure f (19,744)	At 31 December Transfers 2020 f f (10,000) 5,767
Analysis of net assets between			funds
						Unrestricted	Restricted	Total Funds
						Funds f	Funds f		2021 f
Tangible fixed assets Current assets Creditors less than 1 year						420,877 29,431 (3,152)	12,635		433,512 29,431 (3,152)
Net assets						447,156	12,635		459,791
						Unrestricted	Restncted		Total Funds
						Funds	Funds		2020
Tangible fixed assets Current assets Creditors less than 1 year						426,161 30,050 (1,639)	13,513		439,674 30,050 (1,639)
Net assets						454,572	13,513		468,085

	Year ended 31 Decem	ber 2021
		2921	2020
			6
Income and endowments
Donations and legacies Donations		58,859	61,893
Gift Aid		12,531	11,883
Giits		28,939	32,820
Grants receivable		1,320
		101,649	106,596
Other income Other irlcome Camp		314 978	174 180
		1,292	354
Total income		102,941	106,950
Expenditure
Expenditure on charitable Wages and salaries Pension costs Light and heat Repairs and maintenance Insurance Legal and professional fees Telephone Ogler ofrllce costs Depreciation Visiting preachers Outreach ex'pensee Bible exhibition Youtli/childrens' work Books/literature/tapes/library Missionary support Music licence Mini bus Glen Hills Life Mission Donations made Subscriptions Camp expenses Staff training	activities	31,778 766 1,678 3,887 1,732 1,259 579 6,734 11,438 620 579 943 5,309 36,961 790 719 2,960 1,288 611 605	2,322 2,357 590 614 1,34'3 819 409 11,927 295 1,168 1,979 3,109 44,615 773 ,317 2,676 3,950
		111,236	79,263
Total expenditure		111,236	79,263

2621	2020
R
(8,295)	27,687

		Year ended 31 Decem	ber 2021
				2020f
Expenditure on charitable		activities
Charitable activities
Activities undertaken	directly
Wages/salaries			31,778	2,322
Pension costs			766
Light 8 heat			1,678	2,357
Repairs &maintenance			3,887	590
Insurance			1,732	614
Telephone/internet			579	819
Other office costs			6,734	409
Depreciation Visting preachers Outreach expenses Bible exhibition			11,438 620 579 943	11,927 295 1,168
Youth/chlldrens' work			5,309	1,979
Books/literature/tapes/library Missionary support Music licence			36,961 790	3,109 44,615 773
Mini bus			719	317
Glen Hills				2,676
Life Mission			2,960
Donations made				3,950
Subscriptions Camp expenses Staff training			1,288 611 605
			109,977	77,920
Governance costs
Governance costs - accountancy fees			1,259	1,343
Expenditure on charitable		activities	111,236	79,263