| Page | ||||
|---|---|---|---|---|
| Report ofthe | Trustees | 1 to | 8 | |
| Independent | Examiner's | Report | ||
| Statement of |
Financial | Activities | 10 | |
| Balance Sheet | 11 to | 12 | ||
| Notes to the Financial Statements | 13 to | 20 | ||
| Detailed Statement of Financial Activities | 21 to | 22 |
| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Tota I | |||
| funds | funds | funds | funds | |||
| Notes | E | f | f | E | ||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
93,666 | 93,666 | 60,250 | |||
| Charitable activities |
||||||
| Christian Retreat & Ministry; |
B&B&Conference | |||||
| Centre | 121,406 | 121,406 | 22,545 | |||
| Other trading activities | 751 | 751 | 483 | |||
| Investment income |
1 | |||||
| Other income | 16,310 | 16,310 | 57,443 | |||
| Total | 232,133 | 232 133 | 140,722 | |||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Christian Retreat & Ministry; |
B&B&Conference | |||||
| Centre | 256,908 | 4,538 | 261,446 | 191,770 | ||
| NET INCOME/(EXPENDITURE) | (24,775) | (4,538) | (29,313) | (51,048) | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward | 697,784 | 67,645 | 765,429 | 816,477 | ||
| TOTAL FUNDS CARRIED FORWARD | 673,009 | 63,107 | 736,116 | 765,429 |
| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Tota I |
Tota I | |||
| funds | funds | funds | funds | |||
| Notes | E | E | f | f | ||
| FIXED ASSETS | ||||||
| Tangible assets | 837,980 | 60,897 | 898,877 | 911,961 | ||
| CURRENT ASSETS | ||||||
| Stocks | 9 | 7,120 | 7,120 | 4,843 | ||
| Debtors | 10 | 16,725 | 16,725 | 16,537 | ||
| Cash at bank and in hand | 2,953 | 2,210 | 5,163 | 21,119 | ||
| 26,798 | 2,210 | 29,008 | 42,499 | |||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 11 | (45,793) | (45,793) | (22,593) | |
| NET CURRENT ASSETS | (18,995) | 2,210 | (16,785) | 19,906 | ||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 818,985 | 63,107 | 882,092 | 931,867 | ||
| CREDITORS | ||||||
| Amounts falling due after |
more than one year | 12 | (145,976) | (145,976) | (166,438) | |
| NET ASSETS | 673,009 | 63,107 | 736,116 | 765,429 | ||
| FUNDS | 15 | |||||
| Unrestricted funds |
673,009 | 697,784 | ||||
| Restricted funds | 63,107 | 67,645 | ||||
| TOTAL FUNDS | 736,116 | 765,429 |
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 31.3.22 | 31.3.21 | |
| E | f | |
| Shop IL resource sales | 751 | 483 |
| INVESTMENT INCOME | ||
| 31.3.22 | 31.3.21 | |
| f | f | |
| Deposit account interest | 1 |
| 31.3.22 | 31.3.21 | |||
|---|---|---|---|---|
| f | E | |||
| Depreciation | - | owned assets | 14,416 | 14,457 |
| Other operating | leases | 1,029 | 1,633 |
| 31.3.22 | 31.3.21 | ||||||
|---|---|---|---|---|---|---|---|
| Administrative and |
Management | 2 | 2 | ||||
| General Assistants | 1 | 1 | |||||
| Catering | 2 | 1 | |||||
| General Assistants | (casual) | 5 | 5 | ||||
| Ministry support |
2 | 2 | |||||
| 12 | |||||||
| No employees received emoluments |
in excess ofE60,000. | ||||||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|||||||
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| E | E | f | |||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
60,250 | 60,250 | |||||
| Charitable activities |
|||||||
| Christian Retreat & |
Ministry; | B&B& | |||||
| Conference Centre |
22,545 | 22,545 | |||||
| Other trading activities |
483 | 483 | |||||
| Investment income |
1 | 1 | |||||
| Other income | 57,443 | 57,443 | |||||
| Total | 140,722 | 140,722 | |||||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Christian Retreat & |
Ministry; | B&B& | |||||
| Conference Centre |
187,040 | 4,730 | 191,770 | ||||
| NET INCOME/(EXPENDITURE) | (46,318) | (4,730) | (51,048) | ||||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought | forward | 744, | 102 | 72,375 | 816,477 |
| COMPARATIVES | FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Tota I | |||
| funds | funds | funds | |||
| E | f | E | |||
| TOTAL FUNDS CARRIED FORWARD | 697,784 | 67,645 | 765,429 | ||
| TANGIBLE FIXED | ASSETS | ||||
| Improvements | Fixtures | ||||
| Freehold | to | and | |||
| property f |
property E |
fittings f |
Totals f |
||
| COST | |||||
| At 1st April 2021 | 857,836 | 63,881 | 57,369 | 979,086 | |
| Additions | 1,332 | 1,332 | |||
| At 31st March 2022 | 857,836 | 63,881 | 58,701 | 980,418 | |
| DEPRECIATION | |||||
| At 1st April 2021 | 24,153 | 1,278 | 41,694 | 67,125 | |
| Charge for year | 10,159 | 2,556 | 1,701 | 14,416 | |
| At 31st March 2022 | 34,312 | 3,834 | 43,395 | 81,541 | |
| NET BOOK VALUE | |||||
| At 31st March 2022 | 823,524 | 60,047 | 15,306 | 898,877 | |
| At 31st March 2021 | 833,683 | 62,603 | 15,675 | 911,961 | |
| STOCKS | |||||
| 31.3.22 | 31.3.21 | ||||
| f | E | ||||
| Stocks | 7,120 | 4,843 |
| Notes to the Financial Statements -continued for the Year Ended 31st March 2022 |
Notes to the Financial Statements -continued for the Year Ended 31st March 2022 |
Notes to the Financial Statements -continued for the Year Ended 31st March 2022 |
Notes to the Financial Statements -continued for the Year Ended 31st March 2022 |
||||||
|---|---|---|---|---|---|---|---|---|---|
| 10. | DEBTORS: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 31.3.22 | 31.3.21 | ||||||||
| E | f | ||||||||
| Other debtors | 2,307 | 5,295 | |||||||
| Tax &Social security | 559 | 673 | |||||||
| Gift aid claims | 13,296 | 4,900 | |||||||
| VAT | 563 | 5,669 | |||||||
| 16,725 | 16,537 | ||||||||
| 11. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||||
| 31.3.22 | 31.3.21 | ||||||||
| E | f | ||||||||
| Bank loans | and overdrafts | (see note 13) | 20,157 | 10,707 | |||||
| Other creditors | 21,205 | 8,857 | |||||||
| Accrued expenses | 4,431 | 3,029 | |||||||
| 45,793 | 22,593 | ||||||||
| 12. | CREDITORS: AMOUNTS | FALLING DUE AFTER MORE THAN ONE YEAR | |||||||
| 31.3.22 | 31.3.21 | ||||||||
| f | E | ||||||||
| Bank loans | (see note | 13) | 145,976 | 166,438 | |||||
| 13. | LOANS | ||||||||
| An analysis | ofthe maturity | of | loans is given below: | ||||||
| 31.3.22 | 31.3.21 | ||||||||
| E | f | ||||||||
| Amounts falling due |
within | one year on demand: | |||||||
| Bankloans | 20,157 | 10,707 | |||||||
| Amounts falling due |
between | two and five years: | |||||||
| Bank loans | - 2-5 years | 76,512 | 54,162 | ||||||
| Amounts falling due |
in | more than five years: | |||||||
| Repayable | by instalments: | ||||||||
| Bank loans | more 5 yr | by | instal | 69,464 | 112,276 |
| MOVEMENT | IN | FUNDS | |||||
|---|---|---|---|---|---|---|---|
| Net | |||||||
| movement | At | ||||||
| At 1.4.21 | in funds | 31.3.22 | |||||
| E | f | E | |||||
| Unrestricted | funds | ||||||
| General fund | 697,784 | (24,775) | 673,009 | ||||
| Restricted funds | |||||||
| Share capital | by | guarantee | 850 | 850 | |||
| Property Development |
Fund | 66,795 | (4,538) | 62,257 | |||
| 67,645 | (4,538) | 63,107 | |||||
| TOTAL FUNDS | 765,429 | (29,313) | 736,116 | ||||
| Net movement | in funds, | included | in the above are as follows: | ||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| E | f | f | |||||
| Unrestricted | funds | ||||||
| General fund | 232,133 | (256,908) | (24,775) | ||||
| Restricted funds | |||||||
| Property Development |
Fund | (4,538) | (4,538) | ||||
| TOTAL FUNDS | 232,133 | (261,446) | (29,313) |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.4.20 | in funds | 31.3.21 | ||||
| E | E | f | ||||
| Unrestricted funds |
||||||
| Genera I fund |
744,102 | (46,318) | 697,784 | |||
| Restricted funds | ||||||
| Share capital by guarantee | 850 | 850 | ||||
| Property Development |
Fund | 71,525 | (4,730) | 66,795 | ||
| 72,375 | (4,730) | 67,645 | ||||
| TOTAL FUNDS | 816,477 | (51,048) | 765,429 | |||
| Comparative net movement |
in funds, | included | in the above are as follows: | |||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| E | f | f | ||||
| Unrestricted funds |
||||||
| General fund | 140,722 | (187,040) | (46,318) | |||
| Restricted funds | ||||||
| Property Development |
Fund | (4,730) | (4,730) | |||
| TOTAL FUNDS | 140,722 | (191,770) | (51,048) | |||
| Designated Fund |
| for the Year Ended 31st M | arch 2022 | |
|---|---|---|
| 31.3.22 | 31.3.21 | |
| f | E | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
||
| Donations & Gifts |
80,417 | 50,777 |
| Gift aid | 13,249 | 9,473 |
| 93,666 | 60,250 | |
| Other trading activities | ||
| Shop & resource sales | 751 | 483 |
| Investment income |
||
| Deposit account interest | ||
| Charitable activities |
||
| Christian Retreat & Ministry;8 &8Conference |
||
| Centre Income |
121,406 | 22,545 |
| Other income | ||
| Government grant |
16,310 | 57,443 |
| Total incoming resources | 232,133 | 140,722 |
| EXPENDITURE | ||
| Charitable activities |
||
| Wages | 81,595 | 64,611 |
| Social security | 718 | |
| Pensions | 3,161 | 2,642 |
| Rates and water | 4,500 | 768 |
| Insurance | 2,689 | 2,630 |
| Light and heat | 14,669 | 15,040 |
| Food &consumables | 29,017 | 10,218 |
| Travelling and motor |
618 | 220 |
| Speakerfees | 4,980 | 1,300 |
| Repairs & maintenance | 41,252 | 26,597 |
| Carried forward | 183,199 | 124,026 |
| Detailed Statement of Financial Activities | |||||
|---|---|---|---|---|---|
| for the Year Ended 31st March 2022 | |||||
| 31.3.22 | 31.3.21 | ||||
| E | E | ||||
| Charitable activities |
|||||
| Brought forward | 183,199 | 124,026 | |||
| Event costs | 691 | ||||
| Staff training | 1,739 | 63 | |||
| Depreciation | oftangible | fixed assets | 14,416 | 14,457 | |
| Bank loan interest and charges | 5,882 | 3,607 | |||
| 205,927 | 142,153 | ||||
| Support costs | |||||
| Management | |||||
| Wages | 26,220 | 22,805 | |||
| Pensions | 2,612 | 2,280 | |||
| Telephone | 1,808 | 1,845 | |||
| Postage and | stationery | 1,237 | 690 | ||
| Advertising | 1,537 | 167 | |||
| Sundries | 104 | ||||
| Professional | fees, ITcosts (k bookkeeping | 13,227 | 12,504 | ||
| Subscriptions | &licences | 1,518 | 1,588 | ||
| 48,263 | 41,879 | ||||
| Finance | |||||
| Other operating leases |
1,029 | 1,633 | |||
| Governance | costs | ||||
| Accountancy | and legal fees | 6,227 | 6,105 | ||
| Total resources | expended | 261,446 | 191,770 | ||
| Net expenditure | (29,313) | (51,048) |