##
|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||70,75ยน||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)|