2020-12-31-accounts

			Page
Report ofthe Trustees		1	to	2
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial Statements		6	to	11
Detailed Statement ofFinancial Activities

			FOR THE	YEAR END	ED 31STDECE	MBER 2020
							31/12/20	31/12/19
					Unrestricted	Restricted	Total	Total
					fund	fund	funds	funds
				Notes
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies				262,469	29,262	291,731	292,389
Investment	income				39,984		39,984	36,412
Total					302,453	29,262	331,715	328,801
EXPENDITURE ON
Raising funds					40,895	29,262	70,157	71,116
Charitable	activities
Overheads					113,348		113,348	145,253
Other					71,507		71,507	71,273
Total					225,750	29,262	255,012	287,642
NET INCOME					76,703		76,703	41,159
RECONCILIATION		OF FUNDS
Total funds brought		forward			682,354		682,354	641,195
TOTAL FUNDS CARRIED FORWARD					759,057		759,057	682,354

31	STDE	CEMBER 2020
				31/12/20	31/12/19
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes
FIXEDASSETS
Tangible assets		565,431		565,431	572,783
CURRENT ASSETS
Cash at bank		196,578		196,578	112,787
CREDITORS
Amounts falling due within one year		(2,952)		(2,952)	(3,216)
NET CURRENT ASSETS		193,626		193,626	109,571
TOTAL ASSETSLESSCURRENT LIABILITIES		759,057		759,057	682,354
NET ASSETS		759,057		759,057	682,354
FUNDS
Unrestricted funds				759,057	682,354
TOTAL FUNDS				759,057	682,354

			31/12/20	31/12/19
Depreciation - owned assets			7,352	7,703
TRUSTEES' REMUNERATION		AND BENEFITS
			31/12/20	31/12/19
Trustees'	salaries		71,507	71,273
Trustees'	expenses

STAFF C	OSTS
					31/12/20	31/12/19
Wages and	salaries				104,219	98,964
					1047219	98,964
The average monthly		number ofemployees		during the year was as follows:
					31/12/20	31/12/19
Trustees					5	5
Leadership/Administration					4	4
No employees received emoluments			in excess ofK60,000.
COMPARATIVES		FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				fund	fund	funds
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies			259,479	32,910	292,389
Investment	income			36,412		36,412
Total				295,891	32,910	328,801
EXPENDITURE ON
Raising funds				38,206	32,910	71,116
Charitable	activities
Overheads				145,253		145,253

	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31STDECEMBER 2020	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31STDECEMBER 2020	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31STDECEMBER 2020	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31STDECEMBER 2020
	COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES - continued
			Unrestricted	Restricted	Total
			fund	fund	funds
	Other		71,273		71,273
	Total		254,732	32,910	287,642
	NET INCOME		41,159		41,159
	RECONCILIATION	OF FUNDS
	Total funds brought	forward	641,195		641,195
	TOTAL FUNDS CARRIED FORWARD		682,354		682,354
7.	TANGIBLE FIXED	ASSETS
				Fixtures
			Freehold	and
			property	fittings	Totals
	COST
	At 1stJanuary 2020 and 31stDecember 2020		630,042	32,291	662,333
	DEPRECIATION
	At 1stJanuary 2020		61,464	28„086	89,550
	Charge for year		6,301	1,051	7,352
	At 31stDecember 2020		67,765	29,137	96,902
	NET BOOK VALUE
	At 31stDecember 2020		562,277	3,154	565,431
	At 31stDecember 2019		568,578	4,205	572,783

8.	CREDI	TOR	S	: AMOUNTS	FA	LLING DUE WITHIN ONE YE	AR
								31/12/20	31/12/19
	Accrued	expenses						2,952	3,216
9.	MOVEMENT			IN FUNDS
								Net
								movement	At
							At 1/1/20	in funds	31/12/20
	Unrestricted		funds
	General	fund					682,354	76,703	759,057
	TOTAL	FUNDS					682,354	76,703	759,057
	Net movement			in funds, included		in the above are as follows:
							Incoming	Resources	Movement
							resources	expended	in funds
	Unrestricted		funds
	General	fund					302,453	(225,750)	76,703
	Restricted funds
	Restricted fund						29,262	(29,262)
	TOTAL	FUNDS					331,715	(255,012)	76,703
	Comparatives			for movement	in	funds
								Net
								movement	At
							At 1/1/19	in funds	31/12/19
	Unrestricted		funds
	General	fund					641,195	41,159	682,354
	TOTAL	FUNDS					641,195	41,159	682,354

	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	295,891	(254,732)	41,159
Restricted funds
Restricted fund	32,910	(32,910)
TOTAL FUNDS	328,801	(287,642)	41,159

			Net
			movement	At
		At 1/1/19	in funds	31/12/20
Unrestricted	funds
General fund		641,195	117,862	759,057
TOTAL FUNDS		641,195	117,862	759,057

	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	598,344	(480,482)	117,862
Restricted funds
Restricted fund	62,172	(62,172)
TOTAL FUNDS	660,516	(542,654)	117,862

	LIVING LIGHT CHRISTIAN CHURCH, TAUNTON
	DETAILED STATEMENT OFFINANCIAL ACTIVITIES
	FOR THK YEAR ENDED 31STDECEMBER 2020
		31/12/20	31/12/19
INCOME AND ENDOWMENTS
Donations and legacies
Gifts tithes &offerings		240,263	250,585
Gift aid		51,468	41,804
		291,731	292,389
Investment income
Rents received		39,984	36,412
Total incoming resources		331,715	328,801
EXPENDITURE
Raising donations and	legacies
Gifts tithes &offerings		70,157	71,116
Charitable activities
Honorarium &salaries		32,712	27,691
Office administration costs		11,714	6,535
Books, CDs &publications		1,687	273
Children's work		1,039	1,081
Church events		446	12,651
Evangelistic &outreach		496	1,573
Leadership events &training			379
Repairs renewals &cleaning		26,667	45,517
Rent ofpremises		5,964	14,356
Licences &subscriptions		1,582	1,147
Utilities &waste disposal		12,098	10,313
Travel &hospitality		6,195	10,137
Independent examiner's	fees	1,368	1,238
Insurance		4,028	4,659
Freehold property		6,301	6,301
Fixtures and fittings		1,051	1,402
		113,348	145,253
Other
Trustees' salaries		71,507	71,273
Total resources expended		255,012	287,642
Net income		76,703	41,159