2021-03-31-accounts

0lrecto/ 8			Mr Ken Freckieton	Mr Ken Freckieton
			Mr Alan Hayllar
			Mr Aldywn Bad&nore
Charity number			1101870
Company	number		4897890
Principal	address		Unit 2, Steriing	Court
			Mun dells
			Welwyn Garden	City
			Herts
			AL7 1FT
Independent		examiner	James Foskett	FCA DChA
			Cansdales Business Advisers				Limited
			Chartered Accountants		and Statutory Auditors
			Bourbon Court
			Nightingales Corner
			Little Chalfont
			Bucks
			HP7 9QS
			Unity Trust Bank
			Nine Bridleyplace
			Birmingham
			B12HB
			Lloyds TSBBank pic
			49 Howardgate
			Welwyn Garden	City
			Harts
			AL8 6BA
			Barclays
			12/12a Howard	Shopping		Centre
			Welwyn Garden	City
			Hertfordshire
			AL8 6HA

Directors report
Independent examiner's	report
Statement offmanciaI activities
Balance sheet
Statement ofcash flows
Notes to the financiaI statements

			Notes
Income and endowments		from:
Donations and	legacies			478,053	453,029
Charitabie activities Other income				19,457 4,587	23,297 373
Total income				502,.097	476,699
Ex enditure on:
Raising funds				211	20
Charitable activities				474,556	492,282
Other				55,703	33,489
Total expenditure				530,470	525,791
Net expenditure	for the yearl
Net movement	in funds			{28,373}	{49,092}
Fund balances	at 1 April 2020			551,207	600,299
Fund balances	at.31 March	2021		522,834	551,207

							2020
Fixed assets
Tangible assets Investments						1,287,228	1,314,452
						1
Current assets						1,287,229	1,314,453
Debtors Cash at bank and	in	hand			53,028 71,428		38,931 70,754
Creditors amounts		fatling due within			124,456		109,685
one year				14	(44,226)		(44,252}
Net current assets						80,230	65,433
Total assets less	current		liabilities			1r367,459	1,379,886
Creditors: amounts		falling	due after
more than one year						(844,625)
Net assets						522,834	551,207
Income funds
Unrestricted funds
Designated funds General unrestricted		funds			461,948 60,886		459,686 91,521
						522,834	551,207
						522,834	551,207

						2020
Cash flows from operating	activities
Cash absorbed by operations					('l9,840)		(8,219)
Investing activities
Proceeds on disposal of intangibles						373
Purchase of tangible fixed assets						(16. ,000)
Proceeds on disposal oftangible		fixed
assets						9.12?
Net cash used in investing	activities						(6,500)
Financing activities
Proceeds of new bank loans				50,000
Repayment of bank loans				(29,486)		{26,166)
Net cash generated from/(used		in)
financing activities					20,514		(26,166)
Net increase/(decrease) in	cash	and cash
equivalents					6?4		(40,885)
Cash and cash equivalents	at beginning		of year		70,75¹		111,639
Cash and cash equivalents	at end of		year		71,428		70,754

					202D
Donations	and gifts			478,053	453.,029
Donations	and gifts
Gifts and	offerings			405,139	336,?22
Donations	from Salvation	House Limited			51,341
Tax reclaimed				72,914	64,966
				478,053	453,029
Charitable	activities
Church activities			19,457		18,179
Catering income					424
Men's Ministry					1,308
Women's	Ministry				3,386
			19,457		23,297

					Unrestricted	Unrestricted
					funds	funds
					2021	2020
					E
	Net gain on	disposal of intangible		fixed assets
	Government	Grants received			4,58?
					4,587
5	Raising funds
	Fundraisin	and	ublici
	Fundraising	events
					211	20
6	Charitable	activities
						2020
	Support Costs				260,347	234,231
	General activities				79,588	141,655
	Venue costs				94,902	97,459
	Educational	courses			633	5,136
	World Mission				5,858	38,227
	Local Mission				26,140	2,349
	Governance	costs			7,088	6.714
					474,556	525,771

	2021	2020
	Number	Number
Employment costs	2021	2020
		E
Wages and salaries	239,818	212,563
Social security costs	18,829	20,595
Other pension costs	l,700	1,a73
	260,347	234,231

10	TangWe fixed assets	TangWe fixed assets	TangWe fixed assets
				Leaseho!d iand and	Plant and equlpfne nt	Computers	Motor vehicles	Total
				buildings
	Cost
	At 1 April 2020			1,537,684	97,630	74,085	20,900	1,730,299
	At 31 March	2021		1,537,684	97,630	74,085	20,900	1,730,299
	Depreciation	and impairment
	At 1 April 2020 Depreciation charged		in the year	246,556 20,786	96,485 571	66,366 3,227	6,440 2,640	415,847 27,224
	At 31 March	2021		267,342	97,056	69,593	9,080	443,071
	Carrying amount
	At 31 March	2021		1.270,342	574	4,492	'i1,820	1,287,228
	At 31 March	2020		1,291,128	1,l45	7,719	14,460	1,314,452

Fixed asset investments
Cost or vaiuation
At 1 April 2020 K 31 March 2021
Carrying amount
At 31 March 2021
At 31 March 2020

Other investments comprise:
Investments in subsidiaries

			Movement	in funds
		Balance at t April 2020	Incoming resources	Resources expended	31	Balance at Irarch 202t
Building fund Fixed Assets		436,362 23,324	8,700	(6,438)		445,062 16,886
		459,686	8,700	(6,438)		461,948

Analysis ofnet assets between funds
		Unrestricted	Designated
		Funds	Funds
Fund baiances at 31 March 2021 are represented	by:
Tangible assets Investments Current assets/(liabilities) Long term liabilities		1 110,885 (50,000)	1,28',228 (30,655) (794,625)	1,287,228 1 80,230 (844,625)
		60,886		522,834

Details o	fthe charitable c	ompany's subsidi	aries at 31 March 2021 are as	follows:
Name of	undertaking	Registered	Nature ofbusiness	Class of	'/n Held
		office		shares held	Direct Indirect
Salvation	House Limited	U.K	Provision of Conferencing		100.00	000
			Facilities

Cash generated fromoperations
		2020
Deficit for the year	(28,373)	(49,092)
Adjustments for:
Gain on disposal of intangible assets Depreciation and impairment oftangible fixed assets	2?,224	(373) 26,674
Movements ln working capital:
(increase)/decrease )n debtors (Decrease) in creditors	(14,097) (4,594)	14,636 (64)
Cash absorbed by operations	(19,840)	(8,219)