ANTIOCH (NORTH WALES) A company limited by guarantee
REPORT AND FINANCIAL STATEMENTS
30 NOVEMBER 2021
harity no: 11011
Company no. 4953826
ANTIOCH (NORTH WALES)
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2021
| Page(s) | |
|---|---|
| CONTENTS | 1 |
| Company information | 2 |
| Trustees' annual report | 3 - 5 |
| Independent examiner's report | 6 |
| Statement of fnancial activities | 7 |
| Balance sheet | 8 |
| Notes to fnancial statements | 9 – 16 |
Page I
ANTIOCH (NORTH WALES)
COMPANY INFORMATION
DIRECTORS AND TRUSTEES
Peter Leavers Christopher Daniel Jenny Holland James Sheridan Alistair Meadows
COMPANY SECRETARY Christopher Daniel
REGISTERED OFFICE
Capel Salem Abergele Road Conwy LL29 7PA COMPANY NUMBER 5E+06 CHARITY NUMBER 1E+06
INDEPENDENT EXAMINER
Colin Sykes FCA
4 Craig Wen Rhos on Sea Conwy LL28 4TS BANKERS
Charities Aid Foundation Bank
Page 2
ANTIOCH (NORTH WALES)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2021
The Trustees present their report along with the financial statements of the comp ended 30 November 2021, which has also been prepared to meet the requiremen report and accounts for Companies Act purposes. The financial statements have b in accordance with the accounting policies set out on pages 9 and 10 and comply Memorandum and Articles of Association and applicable law.
Constitution and objects
Antioch (North Wales) is a registered company limited by guarantee having no sh and is a registered charity number 1101117.
As per the Company's Memorandum and Articles of Association, the company's pr and objective during this year was to advance the Christian faith and the worship of God in the United Kingdom and overseas with particular reference to Wales by any means whatsoever, including (but not by way of limitation) the preaching a proclamation of the Christian gospel and the teaching of Christian doctrine and p and the pastoral care of Christian people and the printing and distribution of the Christian literature including video and audio recordings or tapes or any other media which is or may become available.
Governance and Management
The names of the Trustees who served from the 1st December 2020 until the date statements are: Peter Leavers Christopher Daniel Jenny Holland James Sheridan Alistair Meadows (from 1 July 2021)
In accordance with the Constitution, a third of the Directors retire each year, bein served in office the longest. Retiring and eligible for re-election is Jenny Holland. Alistair Meadows was appointed during the year and Jenny Holland was reappoin period of three years. The role of Chair remains vacant.
Appointment and Induction of Trustees
New trustees are invited by the existing trustees to hold office. Upon indicating a office, they undergo an induction to brief them on their legal obligations under Ch and receive copies of minutes of previous meetings. The trustees are actively see to add to the membership of the Board.
The trustees meet a minimum of twice a year with additional meetings being held
Page 3
1
pany for the year nts for a directors been prepared with the company's
hare capital
rincipal activity
p
and principles Bible and
e of these financial
ng those who have
nted for a
acceptance to hold harity law eking persons
d as necessary.
ANTIOCH (NORTH WALES)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2021
CONTINUED
Trustees' responsibilities in relation to the financial statements
Law applicable to charities in England and Wales require the trustees to prepare financ statements for each financial year which give a true and fair view of the charity's financ activities during the year and of its financial position at the end of the year. In preparin financial statements, the trustees are required to:
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*select suitable accounting policies and then apply them consistently;
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*make judgements and estimates that are reasonable and prudent;
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*observe the methods and principles in the Charities Statement of Recommende Practice (FRS102)
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*state whether applicable accounting standards and statements of recommende practice have been followed subject to any departures disclosed and explained the financial statements; and
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*prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping accounting records which disclose with reason accuracy at any time the financial position of the charity and enable them to ensure tha financial statements comply with the Companies Act 2006.
They are also responsible for safeguarding the assets of the company and hence for tak reasonable steps for the prevention of fraud and other irregularities.
Risk review
The trustees have conducted their own review of the major risks to which the company and systems have been implemented to mitigate those risks. These procedures are peri reviewed to ensure they meet the needs of the company.
Reserve policy
The Trustees have reviewed the Company's needs for reserves in line with guidance iss Charity Commission and have adopted a policy to have funds of approximately three mo running costs. The balance of funds available will be used for the furtherance of the ac of the company. The reserves level required has been determined at £25,000.
ACHIEVEMENTS, PERFORMANCE AND FINANCIAL REVIEW
Financial review and investment policy
Full details of the financial transactions are contained in the attached accounts. Total incoming resources amounted to £54,540 (2020: £107,897). After deducting resources expended of £47292 (2020: £45,380) the net incoming resources amounted to £7,248 compared with £62,517 for the previous year. The net assets amount to £451,743 (2020 The trustees consider the state of affairs to be satisfactory.
Page 4
cial cial ng those
ed ed d in
nable at the king
is exposed iodically
sued by the onths ctivities
0:£444,495).
ANTIOCH (NORTH WALES)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2021
CONTINUED
Review of activities
The company's principal activity and objective during this year was to advance the C faith and the worship of God in the United Kingdom and overseas with particular ref to Wales by any means whatsoever, including (but not by way of limitation) the preac proclamation of the Christian gospel and the teaching of Christian doctrine and prin and the pastoral care of Christian people and the printing and distribution of the Bib Christian literature including video and audio recordings or tapes or any other media which is or may become available.
Community benefit
The Trustees have had regard to the Charity Commission's guidance on public benefi A debt advice service continued to operate, currently assisting approximately 100 cl The Company continues to work with a significant number of people in recovery from drug and alcohol misuse and suffering from mental health issues. The Company also a collection point for the receipt of gifts of food for the Conwy Foodbank. This was h suspended during the pandemic.
Plans for the Future
The social needs within the communities of North Wales are constantly reviewed in c with other charities and Churches. In pursuit of this objective, the Company has pur 20 Station Road, a town centre property in Colwyn Bay. Such a facility will better en churches to assist in promoting the well-being of the community, expressed in a vari some of which are already taking place. The property requires basic facilities and fit work has been taking place during this period.
The company has taken advantage of the small companies’ exemption in preparing t
Approved by the Trustees and signed on their behalf by:
C Daniel Director Date: 29/08/2022
Christian ference ching and nciples ble and
fit. ients. m o hosts owever
conjunction rchased nable the ety of ways,i tting out and this
the report above.
Page 5
A{fI(m (NORTH WA) REPORT OF THE TRUSTEES FOR THE YEAR EYDED 30 NOVE.IIBER 2021 coNriNIIED fat.th and the WVTsh]pof in the United Kkn8kn aryi 0seaS Wryth KrtKular rEfer¢rK¢ ¢0 Wales by any rneans inclLMb"n8 Ilxrt by wa). ofiunitsiion) AIMI 0¢14mition oltrK chlIn tk trxhmBofChnswi a1 wrlpleS Ml 331 L¥re of c7m.lIn aTrl the ltr.n8 And dtskn1Njts" of th Bible Chri#ian l11ctur ilKl.n8 widco aTwJ awh'o recorth'w (Y or w othcr media is or may btt¢ry a11&ble. C•M#lty be•efrt A ¢klM ViCe service CLKrtinwJ ¢urreMIy &595tsng apwoximaly l(X) cliats. The COMFW ¢4)ntiiiues to work with & si8thf** numkn of F¢ople in recovay fr(4n a c4)Il¢dion for ihe reAxiP of 8ilis of f(Thl This w4s hornr Pl•n$ for the with otkn ch•n"tKs In ofthis (je. the ComT4ry kn ptrchased 20 Ststion W a lown ry(FT1y in Colwym . • fxlbty will tKtteT enth¢ tF¢ cburches io womotsng Trtll&iDB of the community. exwe55d In & %•ri¢ry of ys. of whKh are atre•dy tsking pl¥¢ The wopthty rwuires W fxiliti¢s aThJ fi¢tsn8 4Th1 th k tth'n8 * dwiD8 thts Ftnthl 29A)V2022
ANTIOCH (NORTH WALES)
INDEPENDENT EXAMINER'S REPORT
Independent examiner's report to the Trustees of Antioch (North Wales)
I report on the accounts of the company for the year ended 30th November 2021 which are set out on
Respective responsibilities of Trustees and examiner
The Trustees (who are also the directors of the company for the purposes of company law) are respon of the accounts in accordance with the requirements of the Companies Act 2006 (the 2006 Act). The T audit is not required under Part 16 of the 2006 Act and that an independent examination is needed. It
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examine the accounts under section 145 of the Charities Act 2011 (the 2011 Act);
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follow procedures laid down in the general Directions given by the Charity Commission under sec the 2011 Act, and to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general Directions given by the Charity Commiss examination includes a review of the accounting records kept by the charity and a comparison of the presented with those records. It also includes consideration of any unusual items or disclosures in the and seeking explanations from the trustees concerning any such matters. The procedures undertaken provide all the evidence that would be required in an audit, and consequently no opinion is given as to accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statem
Independent examiner's statement
I confirm that no material matters have come to my attention which gives me cause to believe that:
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accounting records were not kept in accordance with section 286 of the 2006 Act; or
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the accounts do not accord with such records; or
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the accounts do not comply with the relevant accounting requirements under section 396 of the Co other than any requirement that the accounts give a ‘true and fair’ view which is not a matter consid independent examination; or
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the accounts have not been prepared in accordance with the Charities Statement of Recommended
I have no concerns and have come across no other matters in connection with the examination to whi be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Name: Colin Sykes Relevant professional qualification or body: FCA Address:4 Craig Wen, Rhos on Sea, Conwy LL28 4TS
Date ………………………….
Page 6
n pages 7-16.
nsible for the preparation Trustees consider that an t is my responsibility to:
ction 145(5)(b) of
ion. An accounts e accounts, n do not o whether the ment below.
ompanies Act 2006 dered as part of an
d Practice (FRS102). ch attention should
ANTIOCH (NORTH WALES)
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 NOVEMBER 2021
| Unrestricted RestrictedTotal FundsTotal Funds INCOME Funds Funds 2021 2020 £ £ £ £ Donations 38,095 6,597 44,692 52,001 Grants 46,000 Gift Aid 8,905 935 9,840 9,820 Bank interest received 8 8 76 TOTAL 47,008 7,532 54,540 ### EXPENDITURE Employment costs (Note 2) 19,033 19,033 13,731 Leaders Expenses 469 469 595 Leaders Training 500 500 1,200 Heat, light & water 1,174 1,174 1,975 Insurances 3,054 3,054 2,785 Telephone/Broadband 608 608 598 Repairs & renewals 225 225 Tithes, gifts & donations (Note 5 2,500 5,568 8,068 9,662 Visiting speakers 150 Licenses/Subscriptions 1,172 1,172 1,195 Printing, postage & staty 1,104 1,104 963 Outreach 1,686 350 2,036 2,514 Sunday Club & Young People 45 45 14 Sundry expenses 365 365 579 Depreciation 812 812 907 No.20 Station Road (Note 6) 8,065 562 8,627 8,512 TOTAL 40,812 6,480 47,292 45,380 Net income 6,196 1,052 7,248 62,517 Transfers between funds (Not 310 -310 Net movement in funds 6,506 742 7,248 62,517 Reconciliation of funds Total funds brought forward 444,149 346 ### ### Total funds carried forward 450,655 1,088 ### ### |
Unrestricted RestrictedTotal FundsTotal Funds INCOME Funds Funds 2021 2020 £ £ £ £ Donations 38,095 6,597 44,692 52,001 Grants 46,000 Gift Aid 8,905 935 9,840 9,820 Bank interest received 8 8 76 TOTAL 47,008 7,532 54,540 ### EXPENDITURE Employment costs (Note 2) 19,033 19,033 13,731 Leaders Expenses 469 469 595 Leaders Training 500 500 1,200 Heat, light & water 1,174 1,174 1,975 Insurances 3,054 3,054 2,785 Telephone/Broadband 608 608 598 Repairs & renewals 225 225 Tithes, gifts & donations (Note 5 2,500 5,568 8,068 9,662 Visiting speakers 150 Licenses/Subscriptions 1,172 1,172 1,195 Printing, postage & staty 1,104 1,104 963 Outreach 1,686 350 2,036 2,514 Sunday Club & Young People 45 45 14 Sundry expenses 365 365 579 Depreciation 812 812 907 No.20 Station Road (Note 6) 8,065 562 8,627 8,512 TOTAL 40,812 6,480 47,292 45,380 Net income 6,196 1,052 7,248 62,517 Transfers between funds (Not 310 -310 Net movement in funds 6,506 742 7,248 62,517 Reconciliation of funds Total funds brought forward 444,149 346 ### ### Total funds carried forward 450,655 1,088 ### ### |
Unrestricted RestrictedTotal FundsTotal Funds INCOME Funds Funds 2021 2020 £ £ £ £ Donations 38,095 6,597 44,692 52,001 Grants 46,000 Gift Aid 8,905 935 9,840 9,820 Bank interest received 8 8 76 TOTAL 47,008 7,532 54,540 ### EXPENDITURE Employment costs (Note 2) 19,033 19,033 13,731 Leaders Expenses 469 469 595 Leaders Training 500 500 1,200 Heat, light & water 1,174 1,174 1,975 Insurances 3,054 3,054 2,785 Telephone/Broadband 608 608 598 Repairs & renewals 225 225 Tithes, gifts & donations (Note 5 2,500 5,568 8,068 9,662 Visiting speakers 150 Licenses/Subscriptions 1,172 1,172 1,195 Printing, postage & staty 1,104 1,104 963 Outreach 1,686 350 2,036 2,514 Sunday Club & Young People 45 45 14 Sundry expenses 365 365 579 Depreciation 812 812 907 No.20 Station Road (Note 6) 8,065 562 8,627 8,512 TOTAL 40,812 6,480 47,292 45,380 Net income 6,196 1,052 7,248 62,517 Transfers between funds (Not 310 -310 Net movement in funds 6,506 742 7,248 62,517 Reconciliation of funds Total funds brought forward 444,149 346 ### ### Total funds carried forward 450,655 1,088 ### ### |
Unrestricted RestrictedTotal FundsTotal Funds INCOME Funds Funds 2021 2020 £ £ £ £ Donations 38,095 6,597 44,692 52,001 Grants 46,000 Gift Aid 8,905 935 9,840 9,820 Bank interest received 8 8 76 TOTAL 47,008 7,532 54,540 ### EXPENDITURE Employment costs (Note 2) 19,033 19,033 13,731 Leaders Expenses 469 469 595 Leaders Training 500 500 1,200 Heat, light & water 1,174 1,174 1,975 Insurances 3,054 3,054 2,785 Telephone/Broadband 608 608 598 Repairs & renewals 225 225 Tithes, gifts & donations (Note 5 2,500 5,568 8,068 9,662 Visiting speakers 150 Licenses/Subscriptions 1,172 1,172 1,195 Printing, postage & staty 1,104 1,104 963 Outreach 1,686 350 2,036 2,514 Sunday Club & Young People 45 45 14 Sundry expenses 365 365 579 Depreciation 812 812 907 No.20 Station Road (Note 6) 8,065 562 8,627 8,512 TOTAL 40,812 6,480 47,292 45,380 Net income 6,196 1,052 7,248 62,517 Transfers between funds (Not 310 -310 Net movement in funds 6,506 742 7,248 62,517 Reconciliation of funds Total funds brought forward 444,149 346 ### ### Total funds carried forward 450,655 1,088 ### ### |
Unrestricted RestrictedTotal FundsTotal Funds INCOME Funds Funds 2021 2020 £ £ £ £ Donations 38,095 6,597 44,692 52,001 Grants 46,000 Gift Aid 8,905 935 9,840 9,820 Bank interest received 8 8 76 TOTAL 47,008 7,532 54,540 ### EXPENDITURE Employment costs (Note 2) 19,033 19,033 13,731 Leaders Expenses 469 469 595 Leaders Training 500 500 1,200 Heat, light & water 1,174 1,174 1,975 Insurances 3,054 3,054 2,785 Telephone/Broadband 608 608 598 Repairs & renewals 225 225 Tithes, gifts & donations (Note 5 2,500 5,568 8,068 9,662 Visiting speakers 150 Licenses/Subscriptions 1,172 1,172 1,195 Printing, postage & staty 1,104 1,104 963 Outreach 1,686 350 2,036 2,514 Sunday Club & Young People 45 45 14 Sundry expenses 365 365 579 Depreciation 812 812 907 No.20 Station Road (Note 6) 8,065 562 8,627 8,512 TOTAL 40,812 6,480 47,292 45,380 Net income 6,196 1,052 7,248 62,517 Transfers between funds (Not 310 -310 Net movement in funds 6,506 742 7,248 62,517 Reconciliation of funds Total funds brought forward 444,149 346 ### ### Total funds carried forward 450,655 1,088 ### ### |
|---|---|---|---|---|
| ### | ||||
| 13,731 595 1,200 1,975 2,785 598 9,662 150 1,195 963 2,514 14 579 907 8,512 |
||||
| 45,380 | ||||
| 62,517 | ||||
| 6,506 | 742 | 7,248 | 62,517 | |
| 444,149 450,655 |
346 1,088 |
### ### |
### | |
| ### |
Page 7
ANTIOCH (NORTH WALES)
BALANCE SHEET AS AT 30TH NOVEMBER 2021
| 2021 Note £ £ FIXED ASSETS Tangible assets 7 371,129 CURRENT ASSETS Debtors 8 6600 Cash at bank 74744 81344 CURRENT LIABILITIES Creditors due within one year 9 730 NET CURRENT ASSETS 80614 NET ASSETS 451743 FUNDS OF THE CHARITY Unrestricted funds 450655 Restricted funds 11 1088 TOTAL CHARITY FUNDS 451743 |
2020 £ £ 345,088 5468 98765 104233 4826 99407 444495 444149 346 444495 |
2020 £ £ 345,088 5468 98765 104233 4826 99407 444495 444149 346 444495 |
|---|---|---|
| 104233 | ||
| 4826 | ||
| 444495 | ||
| 444149 346 |
||
| 444495 |
The company is entitled to exemption from audit under section 477 of the Companies A small companies.
The members have not required the company to obtain an audit in accordance with sec Companies Act 2006.
The director's acknowledge their responsibility for complying with the requirements of with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to sm subject to the small companies regime and in accordance with Charities SORP ( FRS10
The notes on pages 9,10,11,12,13,14,15 and 16 form part of these financial st
The financial statements were approved by the Directors on 28/08/2022 and signed on behalf of the board
C Daniel Director
Act 2006 relating to
ction 476 of the
f the Companies Act
mall companies 02)
tatements.
Page 8
A1(H (NORTH WALES) BAIANCE SHEET AS AT 30Th NOVEMBER 2021 FLXED AT$ Tarwble u8¢ts 371.129 345.088 CVRREIIT A&SETS 74,744 98.765 CURREYT LIABILrriES Crcditorj within ) 4,826 NET CURRENT ASSETS 1.614 99,407 ASSETS 451.743 444.495 FUP4DS OF THE CHARtrY 450.655 444.149 451.743 444.495 Tr t*X¢S (• Mes 9.10.11.12.13.14.15 •ThJ 16 pwrt of these ststejn •rd on wr0fthe C thnKI
ANTIOCH (NORTH WALES) NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021
1 ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources o uncertainty in the preparation of the financial statements are as follows:
(a) Basis of accounting
The financial statements have been prepared on an accruals basis and un cost convention, with items recognised at cost or transaction value, unles in the relevant notes to these accounts. They have been prepared in acco Statement of Recommended Practice: Accounting and Reporting by Char preparing their Accounts in accordance with the Financial Reporting Stan in the UK and Republic of Ireland (Charities SORP (FRS102)) and the Com Act 2006.
The company constitutes a public benefit entity as defined by FRS102.
(b) Preparation of the accounts on a going concern basis
- The trustees consider that there are no material uncertainties about the c continue as a going concern.
(c) Income
Income is recognised when the company has entitlement to the funds, it i income will be received, and the amount can be measured reliably. Any Gift Aid amount recovered on a donation is considererd to be part of treated as an addition to the same fund as the initial donation unless the of the appeal have specified otherwise.
(d) Donated services
The company benefits greatly from the involvement and support of its ma In accordance with Charities SORP (FRS102) and FRS102, the economic general volunteers is not recognised in the accounts.
Donated services have not been recognised in the accounts (i.e. the value included in income and the corresponding amount recognised in expendit because they are not material or cannot be measured reliably.
(e) Fund accounting
Unrestricted funds are available for use at the discretion of the trustees i general objectives of the company.
Restricted funds are subjected to restrictions on their expenditure impose through the terms of an appeal.
- (f) Expenditure
Expenditure is recognised once there is a legal or constructive obligation payment to a third party, it is probable that settlement will be required an obligation can be measured reliably. It includes irrecoverable VAT.
Page 9
of estimation
nder the historical ss otherwise stated rdance with the ities ndard applicable mpanies
company’s ability to
is probable that the
that gift and is donor or the terms
any volunteers. contribution of
e of the gift ture) either
in furtherance of the
ed by the donor or
n to make a nd the amount of the
ANTIOCH (NORTH WALES)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2021
(g) Offsetting
There has been no offsetting of assets and liabilities, or income and ex required or permitted by Charities SORP FRS102 or FRS102.
(h) Tangible fixed Assets
Individual fixed assets costing £1000 or more are capitalised at cost a over their estimated useful economic lives as follows:
Buildings not depreciated Fixtures & Fittings 20% reducing balance annually Furniture & Equipment 25% reducing balance annually
(I) Debtors
Debtors are recognised at the settlement amount due after any trade Prepayments are valued at the amount paid net of any trade discounts
(j) Creditors and provisions
Creditors and provisions are recognised when there is a past obligatio a past event that will probably result in a transfer of funds to a third p amount due to settle the obligation can be measured or estimated wit accuracy. Creditors and provisions are normally recognised at their se allowing for any trade discounts due.
(k) Pensions
The sole employee is a member of a defined contribution pension sche The company’s contribution is restricted to the contributions disclosed note 2 and has no liability beyond making its contributions and paying deductions for employee’s contributions.
Page 10
xpenses, unless
and are depreciated
discount offered. s.
on resulting from party and the h reasonable ettlement amount
eme. d in g across the
ANTIOCH (NORTH WALES)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021
2 STAFF COSTS & NUMBERS, TRUSTEE REMUNERATION & EXPENSES AND COST OF KEY MANAGEMENT PERSONNEL
| Wages and salaries National Insurance costs Pension costs Total employment costs |
2021 £ 18,217 816 19,033 |
2020 £ 13,127 604 |
|---|---|---|
| 13,731 |
Employment allowance received from HMRC reduced National Insurance costs by £1,319 to £nil (2020:£nil).
The key management personnel of the company comprise the trustees and the elder one of whom has been the sole paid employee since 1 August 2019.
The trustees were not paid or received any other benefits from employment with the company in the year (2020:£nil). One trustee was re-imbursed motor expenses durin the year totalling £314 and expenditure on books totalling £155 (2020:£nil).
Living expenses totalling £437 (2020:£600) were paid to Pete and Polly Leavers from restricted funds and living expenses totalling £150 (2020:£nil) were paid to James and Lucy Sheridan from restricted funds.
No trustee received payment for professional or other services supplied to the comp (2020:£nil).
3 RELATED PARTY TRANSACTIONS
The total amount donated by trustees, without conditions, during the year was £9,7 (2020:£21,545).
Payments totalling £150 (2020:£825) were made to Holland Heating & Renewables, on normal commercial terms, for a boiler service and the installation of a hot water urn. The firm is owned by Andrew Holland, son of Jenny Holland, trustee and Treasurer. As at 30 November 2021 there were no amounts outstanding between th company and Holland Heating & Renewables.
There were no other related party transactions during the year (2020:£nil).
4 INDEPENDENT EXAMINER’S FEES
The independent examiner made no charge for the service (2020:£nil).
Jany 30
Page 11
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021
| 5TITHES, GIFTS & DONATIONS | Payments toPayments to | Payments toPayments to | Payments toPayments to |
|---|---|---|---|
| institutions | individuals | ||
| £ | £ | ||
| Unrestricted Funds:- | |||
| Youth for Christ (Colwyn Bay) | 250 | ||
| Waleswide (Planting & Strengthening Churches) | 250 | ||
| CSW (Christian Solidarity Worldwide) | 250 | ||
| Toybox (Helping children living on the street) | 250 | ||
| Musalaha (Reconciliation between Israelis and Pale | 250 | ||
| Mercy Ships (Covid vaccinations in Africa) | 250 | ||
| Healing the Nations (Reconciliation ministry) | 250 | ||
| Welcome Churches (Link churches with refugees) | 250 | ||
| Lorraine from Criccieth - training with World Horizons | 250 | ||
| Arfon Jones - translation of the Bible into Welsh | 250 | ||
| Restricted funds:- | |||
| Healing the Nations | 1,400 | ||
| Mercy Ships | 450 | ||
| Toybox See analysis of restricted oferings (Note11) |
1,031 | 2,687 | |
| Total | 4,881 | 3,187 |
TITHES, GIFTS & DONATIONS – PREVIOUS YE Payments toPayments to
| Unrestricted Funds:- CMA (Community Money Advice) Youth Shedz Youth for Christ (Colwyn Bay) Waleswide (Planting & Strengthening Churches) CSW (Christian Solidarity Worldwide) Tear Fund (Helping poor of the world) Healing the Nations (Reconciliation ministry) Cytun (Night Shelter Project) Mumbai Church (Covid) Soup n Sox Christian TEFL Local school Restricted funds:- Mumbai Church (Covid) Soup n Sox See analysis of restricted oferings (Note11) Total |
institutions individuals £ £ 300 250 250 250 250 250 250 250 1,000 250 250 250 1,450 360 4,052 |
|---|---|
| 5,610 4,052 |
Page 12
ANTIOCH (NORTH WALES) NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021
6 NO.20 STATION ROAD
| NO.20 STATION ROAD | |
|---|---|
| 2021 £ Costs relating to changes to the building Heat, light & water 715 Telephone/Broadband 484 Insurance 1,577 Repairs & renewals 970 Outreach 82 Sundry expenses 25 Depreciation 4,774 8,627 |
2020 £ 2,212 672 287 1,544 709 3,088 |
| 8,512 |
2020
- Includes preparation of cost estimates £1450 and building control fees £762
Page 13
ANTIOCH (NORTH WALES)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2021
| 7 FIXED ASSETS COST At 1st December 2020 Additions – No.20 Station Ro At 30 November 2021 DEPRECIATION At 1st December 2020 Charge for the year At 30 November 2021 NET BOOK VALUE At 30 November 2021 At 30 November 2020 8 DEBTORS Amount due under Gift Aid Prepayments 9 CREDITORS Inland Revenue Trade Creditors Other creditors |
FreeholdFixturesFurniture Land & & & Total Buildings FittingsEquipmen £ 329,518 33,980 17,137 380,635 20,468 9,717 1,442 31,627 |
FreeholdFixturesFurniture Land & & & Total Buildings FittingsEquipmen £ 329,518 33,980 17,137 380,635 20,468 9,717 1,442 31,627 |
FreeholdFixturesFurniture Land & & & Total Buildings FittingsEquipmen £ 329,518 33,980 17,137 380,635 20,468 9,717 1,442 31,627 |
FreeholdFixturesFurniture Land & & & Total Buildings FittingsEquipmen £ 329,518 33,980 17,137 380,635 20,468 9,717 1,442 31,627 |
FreeholdFixturesFurniture Land & & & Total Buildings FittingsEquipmen £ 329,518 33,980 17,137 380,635 20,468 9,717 1,442 31,627 |
|---|---|---|---|---|---|
| 349,986 | 43,697 18,579 412,262 |
||||
| 19,651 15,896 35,547 4,755 831 5,586 |
|||||
| 24,406 16,727 41,133 |
|||||
| 349,986 | 19,291 1,852 371,129 |
||||
| 329,518 | 14,329 1,241 345,088 |
||||
| 2021 £ 6,400 200 6,600 730 730 |
2020 £ 5,468 |
||||
| 5,468 | |||||
| 74 4017 735 |
|||||
| 4,826 |
10 POST BALANCE SHEET EVENTS
Following the purchase of No. 20 Station Road in 2019 major refurbishme undertaken. It is estimated that as at 30 November 2021 a further £15,0 and will be funded from unrestricted funds.
ent has been IOO will be incurred.
Page 14
ANTIOCH (NORTH WALES)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2021
11 ANALYSIS OF MOVEMENTS IN RESTRICTED FUNDS
| Balance | Income** | Expenditureransfer to (from | Expenditureransfer to (from | Balance | |
|---|---|---|---|---|---|
| At 1/12/20 | unrestricted | At 30/11/21 | |||
| funds | |||||
| Ebyr & Beatrix | 10 | 10 | |||
| Healing the Nations | 1,400 | 1,400 | |||
| Mercy Ships | 450 | 450 | |||
| Tear Fund | 50 | 50 | |||
| Toybox | 246 | 1,533 | 1,031 | 748 | |
| James and Lucy Sheridan | 150 | 150 | |||
| Pete and Polly Leavers | 437 | 437 | |||
| Rhiannon Lloyd | 2,100 | 2,100 | |||
| CMA | 100 | 350 | -250 | ||
| Sunday Club & Young Peo | 40 | 40 | |||
| Social Fund @20 | -250 | 250 | |||
| 20 Station Road*** | 1,362 | 562 | 800 | ||
| Total | 346 | 7,532 | 6,480 | 310 | 1,088 * |
*Represented by monies held in Cash at bank on the Balance sheet (page 8).
**Includes Gift Aid £935.
***Tfr to unrestricted funds of £800 represents monies donated towards refurbishment costs (new windows) which have been capitalised and included in tangible fixed assets.
ANALYSIS OF MOVEMENTS IN RESTRICTED FUNDS – PREVIOUS YEAR
| Balance | Income** | Expenditureransfer to (from | Expenditureransfer to (from | Balance | |
|---|---|---|---|---|---|
| At 1/12/19 | unrestricted | At 30/11/20 | |||
| funds**** | |||||
| ARC | 30 | 30 | |||
| Ebyr & Beatrix | 170 | 160 | 10 | ||
| Mumbai Church (Covid) | 1,450 | 1,450 | |||
| Soup n Sox | 360 | 390 | -30 | ||
| Sunday Club & Young Peo | 54 | 14 | 40 | ||
| Tear Fund | 50 | 50 | |||
| Toybox | 246 | 246 | |||
| Pete and Polly Leavers | 280 | 320 | 600 | ||
| Rhiannon Lloyd | 900 | 2,362 | 3,262 | ||
| CMA | 931 | 931 | |||
| 20 Station Road*** | 56,680 | 36,918 | 19,762 | ||
| Total | 2,195 | 61,638 | 43,725 | 19,762 | 346 * |
Represented by monies held in Cash at bank on the Balance sheet (page 8). *Includes Gift Aid £1,245.
Expenditure includes £31,494 relating to refurbishment costs which have been capitalised and included in tangible fixed assets. * Tfr to unrestricted funds of excess restricted income over restricted expenditure - £19,762. NB. In addition, the capitalised costs of £31,494 relating to No. 20 Station Road have been tfrd to unrestricted funds because the purpose of the the restricted funding has been fulfilled. Therefore, there is a total tfr to unrestricted funds in the year of £51,256 as disclosed on the Statement of Financial Activities (page 7).
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ANTIOCH (NORTH WALES)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2021
11 ANALYSIS OF MOVEMENTS IN RESTRICTED F
Description, nature and purpose of the fund
ARC ARC Ministries. Support for homeless Ebyr and Beatrix Training for refugees Healing the Nations Food for covenant meal Mercy Ships Covid vaccinations in Africa Mumbai Church Covid relief Soup n Sox Providing for the homeless Tear Fund Support the work of Tear Fund disaster relief Toybox Charity to help children living on the street James and Lucy Sheridan Transfer of designated gifts received and expenses Pete and Polly Leavers Transfer of designated gifts received and expenses Rhiannon Lloyd Personal gifts earmarked for living expenses (unwa CMA Support the Work of Community Money Advice Social Fund @ 20 People in need coming to No 20 Sunday Club & Young PeoGift towards costs of Sunday Club & Young People 20 Station Road Community project
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