2020-12-31-accounts - Legacy Network

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ForThe Year Ended 31Decembe
		Page
Refemncs and Administrative Details
Report ofthe Trustees	2	to	5
Independent Examiner's Report
Statement ofFinancial Acgvities
Balance Sheet
Notes tothe Flnantdat Statements	9	to	15

			e 1Decemb	er 2020
					2020	2019
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes		8	8	8
INCOME AND ENDOWMENTS	FROIiil
Donations and lsgades		2	372,728	19,641	392,369	451,077
Charitable activities		4
Charity's voluntary operations			27,907		27,907
Investment income		3	1,789		1.789	15,509
Total			402,424	19,641	422,065	466,586
EXPENDITURE ON
Charitable activities		5
Chsnhrs voluntary operations			460,671	28,859	489,530	584,665
NET INCOMEI(EXPENDllURE)			(58447)	(Qgt8)	(67,465)	(118,079)
Transfers between funds		16	(16,717)	16,717
Other recognised gslnsl(kwsss) Gains on revaluation offixsd assets						25,000
Net movement in funds			(74,964)	7,499	(67,465)	(93.079)
RECONCILIATION OF FUI4DS
Total funds brought forward			565,164	146,988	712,152	805231
TOTAL FUNDS CARRIED FORWARD			490.200	154,487	644,687	712,152

	L~NN N
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	Notes	2020f	2019 E
FIXEDASSETS
Tangible assets		189,478	512.798
CURRENT ASSETS
Debtors	12	28,314	32,663
Cash at bank and in hand		451NI85	200,861
		479,599	233,524
CREDITORS
Amounts falling due within one year	13	(24,390)	(34,170)
NET CURRENT ASSETS		455809	199N354
TOTAL ASSETSLESSCURRENT LIABILITIES		644.687	712,'i52
NETASSETS		844,687	712,152
FUNDS
Unrsslricled funds:
General fund		490,200
Restricted funds:
General fund		154,487	146,986
TOTAL FUNDS		644,687	712,152

	Details and	movements in each	movements in each	restricted	fund IsI	nduded In Ihe note 16to	the rinandal slstements.
	DONATIONS	AND LEGACIES
							2020	2019
							8
	Church oil'cringe snd gtits Giber income						392,389	442,962 8,115
							392,369	451,077
3.	INVESTMENT INCOME
							2020	2019
							8	8
	Rents mceived						40	13,006
	Bank Interest	receivable					1,749	2,503
							1,789	15,509
*	INCOME FROM CIIARITABLE			ACTIVmES
				Activity			2020f	2019 8
	Grants			Charittrs	voluntary	operations	27,907
	Grants received, induded		ln the	abave, are ss follows:
							2020	2019
								5
	Coronavirus	Job Reterriion	Scheme				19,907
	Coronavirus	Support Grants					8,000
							27,907
5.	CHARITABLE ACllVlllES COSTS
								Direct
								Costs (see
								note 8)
								8
	Charittra voluntary operatio		ns					489,530

			Restricted	Unresbided
			Funds	Funds	Total	Total
			2020 f	2020 f	2020 f	2019 f
Mission programme costs			18,127		18,127	16,199
Big Giveaway costs Life Chfid coals Staffcosts			2,757 7.975	208,605	2,757 7,975 208,605	6,194 27,626 207,775
Church and Manse premises Ministry coals	costs			7,870 799	7,870 799	10,006 767
Youth and schools Training and development Magazines, subscdpfions and		sundry expenses		465 1.129 4,741	465 1,129 4,741	4,781 2,701 13,153
Centre running costs						8,016
Legacy Edlington establishment costs Legacy Bamsley establishment costs Legacy Shaw Wood eslablishment costs				6,115 147,437	6,115 147r437	9,873 1,500 175.415
Legacy Welsh establishment costs Legacy Thurcrolt establishment costs Governance				1,080	1,080	5,145 135
Depreciabon Loss on dispose! offixed asset				56,484 439	56,464 439	74,149
costs (see below)				25,527	25.527	21,230
			28,859	450,671	489,530	584,665
Governance costs
			Resblcted	UnresbicM
			Funds	Funds	Total	Total
			2020 f	2020 f	2020 f	2019 f
Bank charges and interest				2,024	2,024	'l,657
Legal and professional Independent Examiner's fee				6,059 600	8,059 600	5,09'I 550
Accountancy Poslage. stationery and sdminislrafion				3,960 10,884	3,960 10,884	3,890 10,042
				25,527	25,627	21230
NET INCOMEI(EXPENDITURE)
Net incomai(expenditure) Isslated after charging/(crediting):
					2020f	2019f
Depredation -owned assets					56r464	74.149
Deficit on disposal offixed assets					439
TRUSTEES' REMUNERATION		AND BENEFITS
					2020 f	2019 f
Truslees' emoluments					41,561	44,534

STAFFCOSTS
				2020	2019
				E	E
Wages and salaries Sodsl security costs Pension costa				191,206 10,601 7,144	189,471 11,687 6,617
				208,951	207.775
The average monthly number of	employees		during the year was asfollows:
				2020	2019
Adminiabation				5	3
Community work Cleaners				4 2	9
				11	12
No employees received emoluments		Mexcess ofE60,000(2019:none).
COINPARATIVES FORTHE STATEMENT			OF FINANCIAL ACllVITIES
			Unrestricted	Restricted	Total
			fund	fund	funds
			E		E
INCOME AND ENDOWMENTS	FROM
Donagons and legacies			423,191	27,886	451,077
Investment income			15,509		15,509
Total			438,700	27,886	466,586
EXPENDITURE ON
Charitable actlvltles
ChaNy's voluntary operations			534,646	50,019	584,665
NET 54COMEt(EXPENDITURE)			(95,946)	(22,133)	('l18,079)
Transfers between funds			(6,928)	6,928
Other recognised gainsl(losses) Gains on reveluafion offixed assets			25,000		25,000
Net movement in funds			(77,874)	(15,205)	(93,079)
RECONCILIATION OF FUNDS
Total funds bmught forward			643,038	162,193	805,231
TOTAL FUNDS CARRIED FORWARD			565,164	146,988	712,152

11.	TANGIBLE FIXEDASSE	TS
				Improvements	Fixtures,
				to	gttings,
			Investment	leasehold	tools and	Motor
			props+ f	properly f	equipment f	vehirdes f	Totals f
	COST
	At1 Janusry2020		275,000	482,617	255257		1,012,874
	AddiTions				6,877	2,400	9,277
	Dlsposals		(275,000)	(1,140)	(1,350)		(277,490)
	At 31December 2020			4S1,477	260,784	2,400	744,661
	DEPRECIATION
	At1 January2020			260,387	239,689		500,076
	Charge foryear			48,149	7,715	600
	Biminated on disposal			(342)	(1,015)		(1,357)
	At 31December 2020			308.194	246.389	600	555,183
	NET BOOKVALUE
	At 31Decsmbsr 2020			173283	14,395	1,800	189,478
	At31 December2019		275,000	222230	15,568		512,79S
12.	DEBTORS:AMOUNTS FALLING DUE WITHIN			ONE YEAR
						2020	2019 f
	Trade debtors					2,3t5	6,736
	Other debtom and prepaymsnls					25,999	26,127
						28.314	32JI63
13.	CREDflQRSi AMOUNTS	FALUNG DUEWflHIN ONE YEAR
						2020 f	2019
	Trade creditom					17,478	5,963
	Other crsditom snd accrusls					6,912	28,207
						24,390
14.	LEASING AGREEMENTS
	Mlnirnum lease payments	under	non-cancellable	operating leases fall due as follows:
						2020 f	2019 f
	Within one year					81,436	78,122
	Behreen one and five yearn					84,000	165,436
						165,436	243,558
	Operating lease mntals paid in the year amounted			tof71,500(2019:f75,115).

ANALYSIS O	F NETASSET	SBETWEEN FUN	DS
			Unrestricted	Restricted	Total	Total
			2020	2020 f.	2020 f	2019 F
Fixed assets			'I89,476		189,478	512,798
Net current assets			300,722	154,487	455,209	199,354
			490,200	154,487		712,152
MO)/EMENT	IN FUNDS
RESTRICTED INCOME FUNDS
		Balance	Incoming	Resources	Gains/(Losses)	Balance
		01/01/2020	Resounxrsf	Expendedf	and Transfersf	31/12/2020
Misdone fund			6,869	(18.127)	11,458
Big Giveaway fund Lrie Child fund Nether Hali Building fund		5,482 140,714	10g56 2,716	(2,757) (7,975)	5,259	12,961 140,714
Audacious fund		8'l2				812
		146,988	19,641	(28,859)	16,'717	154,487
UNRESTRICTED FUNDS
		Balance	Incoming	Resources	Gains/(Losses)	Balance
		01/01/2020f	Resources f	Expended f	and Transfers f	31/12/2020 f
General funds		165,062	402,424	(460,671)	(16,717)	90,098
~Desf a~hd fu Building fund	gg.	400,102				400,102
		565,164	402,424	(460571)	(16,717)	490,200