## |CharityInformation|| |---|---| |Repotofthe Trustees|2-B| |Reportof the IndependentAuditors|9-11| |Consolidated StatementofFinancial Activities|72| |Balancesheets|13| |StatementofCash Flows|L4| |NotestotheConsolidatedFinancial Statements|75-22| ## |OTHERWORKINGNAMES:|Harvest Church Alton| |---|---| |TRUSTEESI|MrIM Dane (resigned25105122)| ||MrC Ellis(chair) (appoinred2610L122)| ||MrG Bland| ||MrsADiarra| ||MrPA Haddow| ||MrACLawrence| ||MrsS Mills| |SENIORPASTOR|MrACLawrence| |COMPANYSECRETARY:|MrCRBurrell| |REGISTEREDOFFICE:|AltonMaltings Centre| ||MaltingsClose| ||Alton| ||HampshireGU341DT| |CHARITY NUMBER:|1096632| |COMPANYNUMBER:|4626s36| |AUDITORS:|Scott VeversLtd| ||Chartered Accountants& StatutoryAuditors| ||65EastStreet| ||Bridport| ||Dorset DT63LB| |BANKERS:|TheCo-operative BankPlc| ||PO Box101| ||1 Balloon Street| ||Manchester| ||M6O 4EP| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||Notes|Unrestricted|Unrestricted|Restricted||Total|Total| |---|---|---|---|---|---|---|---| |||GeneralDesignated
fundsfunds||funds||202L|2020| |||E||E||E|s.| |Income and Expenditure|||||||| |Incomeandendowmentsfrom:|||||||| |Donations andsimilarincome|4|280,429||L24,835||405,264|429,040| |Charitable activities|5|533||||533|2,731| |Othertradingactivities|6|-|33,598|||33,598|94,6L8| |Investments(Bank interest)||45||||45|BO| |Totalincome||28L,007|33,598|rz4,B35||439,440|526,469| |Expenditure on:|||||||| |Raisingfunds:|||||||| |Costsofgoodssold andother
costs|7|19,695|L2,436|||32,13r|63,49t| |Charitable activities|B|254,743|15,087|89,803||359,533|421,795| |Totalexpenditure||274,438|27,523|89,803||391,764|485,286| |Netincome/(expenditure) fortheyear||6,569|6,075|35,032||
47,676|41,183| |Grosstransfersbetween funds||22,973|(6,225)|(16,748)|||| |Net movement in funds||29,542|(1so)|LB,2B4||47,676|47,783| |Reconciliationoffunds|||||||| |Total fundsat1stJuly2020||7,997,368|3,650|985,255|2,986,273||2,945,090| |Totalfundsat30th June2021||2,026,9L0|3,5001,003,539||3,033,949||2,986,273| ## ## ||Notes|Consolidated
202L
2020
EE|Consolidated
202L
2020
EE|Charity
2021
EE|Charity
2021
EE|20.2(J| |---|---|---|---|---|---|---| |Fixed Assets||||||| |Tangibleassets|11|3,263,927|3,300,486|3,263,927|3,300,336|| |Currentassets||||||| |Stocks|t2|369|474|||| |Debtors
Cashatbankand inhand|13|23,739
215t749|18,505
L45176|29,330
204,502||25,235
L35,642| |||239,857164,155||233,832||L60,877| |Creditors: Amountsfallingduewithin
oneyear|14|(t46,495)(82,050)||(L40,470)||(78,772)| |Netcurrentassets(liabilities)||93,362|
82,105|93,362||82,105| |Totalassets lesscurrent liabilities||3,357,289|3,3BZ,59L|3,357,289|3,382,44L|| |Creditors: Amountsfallingaftermore||||||| |thanoneyear|15|(323,340)|(396,318)|(323,340)|(396,318)|| |Net Assets||3,033,949 2,986,273||3,033,949|2,986,723|| |Thefunds ofthe charity:||||||| |Restricted income funds|t7|1,003,539|985,255|1,003,539||985,255| |Unrestricted income funds:|16|||||| |Designated funds||3,500|3,650|3,500||3,500| |Generalfunds||2,026,9L0|1,997,368|2,026,9L0|l,gg7,368|| |Totalcharity funds||3,033,949 2,986,273||3,033,949|Z,gB6,t23|| ## ||Notes|202L
EEEE|2020| |---|---|---|---| |Net cashflow fromoperatingactivities2l||97,0L8|89,738| |Cashflowfrominvestingactivities|||| |Paymentstoacquire tangiblefixedassets|||| |Interestreceived||45|BO| |Net cashflow frominvestingactivities||45|BO| |Cashflowfromfinancingactivities
Repaymentoflongtermloans
Interestpaid||(16,748)
(9,742)|(72,825)
(L2,962)| |Net cashflow fromfinancingactivities||(26,490)|(85,787)| |Netincrease/(decrease)incashandcashequivatents@@|||| |Cashand cashequivalentsatlstJuly2O20||L45,L76|
t4L,L45| |Cashand cashequivatentsat30thJune|2021||@-| |||-2L@|| ## ## ## ## ## ## ## ## ## ## ## ## |Financialpedormanceofcharity|| |---|---| |Theconsolidatedstatementoffinancial activitiesincludes|theresultsof thecharity's wholly ownedsubsidiary| |AltonMaltings Centre CommunityInterestCompany.Thesummary performanceof the charityaloneis:
202L
2020|| ||E
L| |Income|405,842
45r,986| |Incomefromsubsidiary company|6,225
3,639| ||4r2,067
455,625| |Expenditure|(364,24L)(4L4,442)| |Surplus/(Deficit)|47,826
41,183| |Donationsandsimilarincome||||| |---|---|---|---|---| ||Unrestricted|Restricted|Total|Total| ||funds|funds|202L|2020| ||L|E|E|E| |Cashofferings|18,640|3t970|22,610|27,80L| |Giving undergiftaid|LsB,24L|31,330|189,571|202,742| |Incometaxrefunds|38,019|7,832|45,851|46,5L4| |Buildingfundofferings||6,665|6,665|L4,327| |Buildingfund givingundergiftaid||57,580|57,580|65,235| |Buildingfundincometaxrefunds||L4,028_|L4,028-|30,610| |Caringfundgivingundergiftaid||||320| |Caringfundincometaxrefunds||||168| |Christians AgainstPovetyincome||3,430_|3,430|3,446| |Otherincome|65,529||65,529|37,877| ||28O,429|124,835|405,264|429,O4O| ## |Incomefromcharitableactivities||||| |---|---|---|---|---| ||Unrestricted|Restricted|Total|Total| ||funds|funds|2021|2020| ||E|E|E|L| |Incomefromcharitabletradingactivities:||||| |Christian bookshopsales|368||368|2,73t| |Other events|165||165|| ||||533|2,73L| ## ## |6|FORTHE YEA
Othertrading activities|RENDED 3OTHJU|NE2021||| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||funds|funds|2021|2020| |||EE||E|E| ||Rafters coffee shopsales||||20,135| ||AltonMaltings Centre hire charges|33,598||33,598|74,483| |||33,598||33,598|__94,618_| |7|Costsofgoodssoldandothercosts||||| |||Unrestricted|Restricted|Total|Total| |||funds|funds|202t|2020| |||E|E|E|L| ||Rafters coffee shop costs|19,695||19,695|24,688| ||AltonMaltings Centre hire expenses|L2,436||L2,436|38,803| |||32,131||32,L31|_63,49L_| |8|Charitableactivities||||| |Rafters coffee shop costs
AltonMaltings Centre hire expenses
E
19,695
L2,436
Charitableactivities
32,131|E
E
19,695
L2,436
32,L31|L
24,688
38,803
_63,49L| |---|---|---| ||Total|Total| ||202L|2020| ||E.|E| |Church-pastoral and teaching|205,039|224,65L| |Youth and children'swork|1,329|2,679| |Community projects|4,46t|9,247| |Christian book shop|4t2|2,299| |Christian missionandreliefwork|41,948|6,264| |AltonMaltings Centre-building costs|106,444|t76,655| ||J-5g;6.r|@| |NaturaIclassification:-||| |Staff costs (includingtravelandtraining)|168,533|L75,032| |Bookshoppurchases|4t2|2,299| |Meetings and activities|7,L02|23,679| |Premisescosts|55,311|L24,526| |Giftstootherorganisations, missionariesandindividuals|47,455|19,900| |Moftgageandloan interest|9,742|L2,962| |Officecosts|7,ggg|L2,772| |Depreciation|36,409|36,409| |Governancecosts||| |Audit/Accountants fees|6,492|4,47L| |Professional fees|20,188|9,746| ## ## |hecostsof all staffwere:||| |---|---|---| ||202t|2020| ||f|t| |Wages andsalaries|L77,LgL|793,235| |Redundancy|2,025|| |Socialsecuritycosts|10,584|12,908| |EmployersPensioncontributions|3,940|7,764| ||L93,740|273,907| ||No employeeearned morethanf6O,OO0duringtheperiod. Theavera
employed bythe charity during theyear wasasfollows:|gefull timeequivalent nu|mberofstaff| |---|---|---|---| |||202t|2020| |||No|No| ||Averagefull time equivalentnumberof staffemployed|64|7-B| ||Average numberofemployees(headcount)|7A|10.3| |10|Subsidiary Undeftaking||| ||Theresultsof thesubsidiaryfor theyearwereasfollows:-||| |||202L|2020| |||t|E| ||Income fromthirdparties|33,598|74,483| ||ServicesprovidedtoTheGrainHouseTrust|Lr,493|33,974| |||45,091|t08,457| ||Expenditure|(39,016)|(L05,727)| ||Operating(loss)/profit|6,075|2,730| ||Licencefeepaidto theGrainHouseTrust|(2,000)|(2,000)| ||LoanInterestpaidto theGrainHouseTrust|(ss1)|(ss2)| ||Profitbefore charitable donations|3,524|178| ||Donation undergiftaidtotheGrainHouseTrust|(3,674)|(1,087)| ||(Loss)/profit for theyear|(1s0)|(eoe)| ||Aggregate assets(liabilities)|-|150| ## ## |Tangiblefixedassets|FORTHE YEAREND|ED 3OTHJU|NE2021|||| |---|---|---|---|---|---|---| ||Freehold|Fixtures,||Alton||| ||propefi|fittings&|Charity|Maltings||Group| ||equipmentTotal
EEE|||Centre
E|CIC|Total
f| |Cost||||||| |AtIstJuly2020|3,806,161347,743_||4,L53,904_|17,503||4,L77,407| |Additions||||||| |At 30thJune2021|3,806,161|347,743|4,t53,904|77,503||4,L7L,407| |Depreciation||||||| |AtlstJuly2020|505,825|347,743|853,568|L7,353||870,921| |Chargefor theyear|36,409||36,409||150|36,559| |At 30thJune2021|542,234|347,743|889,977|t7|t503|907,480| |Net book value||||||| |At 30thJune2021|3,263,927||3,263,927||-|3,263,927| |At 30thJune2020|3,300,336||3,300,336||150|3,300,486| |Stocks||Group|||Charity|| |||202r|2020|202t||2020| |||E|E|E||E| |Bookshop, coffee shop and sundry stocks||369|474|||| ## ## |Debtors||||| |---|---|---|---|---| ||Group||Charity|| ||202L|2020|202L|2020| ||E|E|f.|E| |Operational debtors|L2,564|5,301||| |Incometaxrecoverable|4,490-|4,490_|4,490|4,490| |Amountsowedbygroupundertakings|||20,76L|L4,567| |Other debtorsandprepayments|5,685|8,7L4|4,079|6,L78| ||||29,330|2r23s| ## |Creditors: amountsfallingduewith|inoneyear|inoneyear||| |---|---|---|---|---| ||Group||Charity|| ||202L|2020|2021|2020| ||E|E|E|E| |Repayments dueonbankloans|L25,230|69,000|t25,230|69,000| |Operational creditors|9,275|5,724|7,478|4,869| |Socialsecurity andothertaxes|2,378|2,454|2,378|2,454| |Accruals anddeferredincome|9,6L2|4,872|5,38.1|2,449| ||_t46,495_|_-_82,059_|140,470|78,772| ## |Creditors: amountsfallingaftermoretha|noneyear|||| |---|---|---|---|---| ||Group||Charity|| ||202L|2020|2027|2020| ||E|L|E|E| |Bankloans:||||| |Amounts repayable in oneto twoyears|58,725|70,000|58,725|70,000| |Amounts repayable intwo to fiveyears|t84,222|22L,000|t84,222|22t,000| |Amounts repayable morethan fiveyears|80,393|105,318|80,393|105,318| ||323,340|396,318|323,340|396,318| ## |UnrestrictedFunds|||||| |---|---|---|---|---|---| ||Balanceat|Net|Unrestricted|Restricted|Balanceat| ||lJuly|Income|Fund|Fund|30 June| ||2020||Transfers|Transfers|2021| ||E|E||E|g.| |Designated funds:|||||| |Training and development|3,500||||3,500| |AltonMaltings CentreCIC|150|6,075|(o,zzi)||| ||3,650|6,075|(6,225)||3,500| |GeneralFundsofCharity|L,gg7,368|6,569|6,225|L6,748|2,026,9L0| ||2,001,01812,644|||16,748|2,030,4r0| ## ## |F
RestrictedFunds|ORTHEYEAR E|NDED 3OTHJ|UNE2021||| |---|---|---|---|---|---| ||Balanceat||||Balanceat| ||lJuly||||30June| ||2020|fncome|Expenditure|Transfers|2021| ||E|E|E|E|E| |Building capitalfund|876,L46||(36,409)||839,737| |Buildingfund(ongoinggiving)|98,447|78,273|(9,742)|(L6,748)|150,230| |Caring fund|3,686|,o:|(4,980)||(1,194)| |Stepping stones|86||||B6| |ToyLibrary
GiftDay-October 2020
Christians Against Poverty|2,948_
3,942|43,032(34,226)
3,430_(4,446)|||2,948
8,806
2,926_| |Specificofferings|||||| ||_985,255_|_LU,B35_|__(89,!gg-|(76,748)|1,003,539| |18|Analysisofnetassetsbetween funds (Consolidated)|Analysisofnetassetsbetween funds (Consolidated)|Analysisofnetassetsbetween funds (Consolidated)|||| |---|---|---|---|---|---|---| |||UnrestrictedDesignated
funds
funds||Unrestricted
total|Restricted
funds|Total
funds| |||L|[.|E|E|E| ||Tangiblefixedassets|2,424,190||2,424,L90|839,737|3,263,927| ||CurrentAssets|66,533|9,522|76,055|163,802|239,857| ||Creditors: amountsfallingdue|||||| ||withinone year|(140,473)|(6,022)|(146,495)||(146,495)| ||Creditors: amountsfallingdue|||||| ||aftermorethanone year|_Z,g2O,gto**3**,500
2,026,910
,500||2,030,470|1,003,539|(323,340)
3,033,949| ## ## |Relatedpartytransactions
ThefollowingamountswerepaidtoAndrewLawrence(|Trustee) inhis capacityaschurchleader:|| |---|---|---| ||202L|2020| |Salary
Pensionpayments|42,432
3,420|4L,3L3
4,540| |DonationstotallingE4t,47Oweremadeto the charitybyBtrusteesduring the year (2020 f6L,90BbyB||| |trustees).||| ## |Reconciliationofnetincometonetcashflow fromoperatin|gactivities||| |---|---|---|---| |||202L|2020| |||EE.|| |Net incomeforyear||47,676|41,183| |Interestreceivable
Interestpayable
Depreciation andimpairmentoftangible fixedassets
(Increase)/decreaseinstock
(Increase)/decrease in debtors
Increase/(decrease) in creditors||(4s)
9,742
36,559
105
(5,234)
8,2t5|(Bo)
L2,962
37,3L8
2,002
2,t69
(5,816)| |Netcashflow fromoperatingactivities|__|97,0L8|89,738|