2021-03-31-accounts - Love And Joy Ministries Ltd

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					2021	2020
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes
FIXEDASSETS
Tangible assets		10	663,227		663,227	669,863
CURRENT ASSETS
Debtors: amounts	falling due within one year	11	22,682		22,682	2,829
Cash at bank and in hand			45,263		45,263	1,641
			67,945		67,945	4,470
CREDITORS
Amounts falling due within one year		12	(61,588)		(61,588)	(64,432)
NET CURRENT	ASSETS		6,357		6,357	~59,962i
TOTAL ASSETSLESSCURRENT
LIABILITIES			669,584		669584	609901
CREDITORS
Amounts falling due aller more than one year		13	(75,158)		(75,158)	(92,209)
NET ASSETS			594,426		594,426	517,692
FUNDS		15
Unrestricted funds:
General fund*					594,426	517,692
TOTAL FUNDS					594,426	517,692

	NOTES TO THK FINANCIAL STATE FORTHE YEAR ENDED 31M	NOTES TO THK FINANCIAL STATE FORTHE YEAR ENDED 31M	NOTES TO THK FINANCIAL STATE FORTHE YEAR ENDED 31M	NOTES TO THK FINANCIAL STATE FORTHE YEAR ENDED 31M	MENTS -conthtue ARCH 20?I	d
	DONATIONS AND LEGACIKS
						2021	2020
	Gifts, Donations, Tithes and Gift aid			Covenants		78,974	93,339 13,588
	Grants					86,039	12,000
						165,013	118,927
	Grants received, included		in the above, are as follows:
						2021	2020
						6	8
	JAR Lancaster Foundation					72,000	12,000
	Coronavirus	Job Retention		Scheme		14,039
						86,039	12,000
3.	OTHER TRADING ACTIVITIES					2021	2020
						8
	Fundraising Lease and Telephone	events rental income masts				180 26,200 23,691	9,790 22,900 31,231
						50,071	63,921
4.	CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costs	note 5)	Totals
						8
	Christian	Support			135,350	3,000	138,350
5.	SUPPORT COSTS
							Governance
							costs
	Christian	St					3,000

Support costs, included	in the above, are as follows:	in the above, are as follows:	2021	2020
			Christian	Total
			Support	activities
Independent examination	fee		3,000	3,000
NKT INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
			2021	2020
Depreciation -owned assets			16,816	17,251
TRUSTEES' REMUNERATION		AND BENEFITS

The average monthly n	umber ofemp	loyees during the year was as f	ollows:
				2021	2020
Administration staff				5	6
No employees received	emoluments	in excess off60,000.
COMPARATIVES FOR THE STATEMENT OF I'INANCIAL			ACTIVITIES
			Unrestricted	Restricted	Total
			fund	fund	funds
INCOME AND ENDOWMENTS		FROM
Donations and legacies			118,927		118,927
Other trading activities			63,921		t 63 921
Total			182,848		182,848
EXPENDITURE ON
Charitable activities
Christian Support			167,936		167,936
NET INCOME			14,912		14,912
RECONCILIATION	Ol"FUNDS
Total funds brought	forward		502,780		502,780

	NOTES TO THK FINANCIAL STATEMEN FORTHK YEAR ENDED 31MARC	NOTES TO THK FINANCIAL STATEMEN FORTHK YEAR ENDED 31MARC	TS -continued H 2021
	COMPARATIVKS FORTHE STATEMENT OFFINANCIAL		ACTIVITIES	- continued
			Unrestricted	Restricted	Total
			fund	fund	funds
	TOTAL IUNDS CARRIED FORWARD		517,692		517,692
10.	TANGIBLE FIXEDASSETS
				Improvements
			Freehold	to	Plant and
			property	property	machinery
			f,	8	8
	COST At 1 April 2020 Additions		252,032	581,516 8,031	6,092
	At 31March 2021		252,032	589,547	6,092
	DEPRECIATION
	At 1 April 2020 Charge for year		45,371 5,041	119,473 I 11296	5,787 76
	At 31March 2021		50412	130,769	5,863
	NET BOOKVALUE At 31March 2021		201,620	458,778	229
	At 31March 2020		206,661	462 043	305
		Fixtures
		and	Motor	Computer
		fittings	vehicles	equipment	Totals
	COST
	At 1 April 2020 Additions	6,318 1,500	16,283	34,882 649	897,123 10,180
	At 31March 2021	7,818	16,283	35,531	907,303
	DEPRECIATION At 1 April 2020 Charge for year	6,133 183	16,175 27	34,321 193	227,260 16,816
	At 31March 2021	6,316	16,202	34,514	244,076
	NET BOOKVALUE At 31March 2021	1,502	81	1,017	663,227
	At 31March 2020	185	108	561	669,863

11.	DEBTORS:AMOUNTS	FALLING DUK WITHIN ONK	YEAR
				2021	2020
				8
	Other debtors				311
	Inter-company ledger account
	balances with Liverpool Lighthouse Prepayments			22,344 338	1,216 1,302
				22,682	2,829
12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2021	2020
					6
	Bank loans and overdrags Trade creditors	(see note 14)		20,536 8,960	42,677 1,438
	Social security and other Pension creditor	taxes		4,407 878	3,109 770
	Other creditors			23,807	13,438
	Accrued expenses			3,000	3,000
				61,588	64,432
13.	CREDITORS: AMOUNTS PALLING DUE AI TERMORE THAN ONE YEAR
				2021	2020
				f
	Bank loans (see note 14) Amounts owed to Liverpool Lighthouse			46,320 28,838	3,371 88,838
				75,158	92,209
	The bank loans noted above are secured on certain property		owned by the charitable	company.
14.	LOANS

An analysis ofthe maturity of loans is given below:
	2021	2020
Amounts falling due within one year on demand: Bank overdrags Bank loans	20,536	8,688 33,989
	20,536	42,677
Amounts falling between one and two years: Bank loans - 1-2 years	46,320	3,371

MOVEMENT	IN FUNDS
						Net
						movement	At
					At 1.4.20	in funds	31.3,21
Unrestricted	funds
General fund					517,692	76,734	594,426
TOTAL FUNDS					517,692	76,734	594,426
Net movement	in funds, included			in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
					8	8
Unrestricted	funds
General fund					215,084	(138,350)	76,734
TOTAL FUNDS					215,084	(138,350)	76,734
Comparatives	for movement		in	funds
						Net
						movement	At
					At 1.4.19	in funds	31.3.20
						f
Unrestricted	funds
General fund					502,780	14,912	517,692
TOTAL FUNDS					502,780	~14 912	517,692
Comparative	net movement	in	funds, included in the above are		as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
Unrestricted	funds
General fund					182,848	(167,936)	14,912
TOTAL FUNDS					182,848	(167,936)	14,912