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|Trustees
Report||1-5|
|Independent
Examiner's|Report||
|Statement
of Financial|Activities||
|Balance Sheet|||
|Notes to the Accounts||9-13|
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|||||||Unrestricted|Unrestricted|Restricted|Restricted|Total|Total|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Funds||Funds||Funds||Funds||
|||||||Year ended||Year ended||Year ended||Year ended||
||||||Note|31August|2021|31August|2021|31August|2021|31August|2020|
|||||||||||E||K||
|INCOMING
RESOURCES||||||||||||||
|Incoming resources from|generated||funds|||||||||||
|Voluntary
Income|||||||59,720||8,022||67,742||64,616|
|Other Income
—Furlough|||||||52,243||||52,243|||
|Investment
Income||||||||||||||
|Incoming resources from|charitable||activities|||||||||||
|Advance
the Christian|faith||||||75,635||32,494||108,129||140,606|
||||||||187,598||40,516||228,114||205,229|
|RESOURCES EXPENDED||||||||||||||
|Charitable
Activities||||||||||||||
|Support Costs|||||||48,857||||48,857||98,841|
|Premises Costs|||||||26,024||||26,024||23,427|
|Grants
& Gifts|||||||1,346||44,127||45,473||61,345|
|People Costs|||||||219,977||||219,977||108,914|
|Advance
the Christian|Faith||||||111,565||6,327||117,892||105,464|
|Governance
costs|||||||11,754||||11,754||9,730|
|TOTAL RESOURCES EXPENDED||||||419,523|||50,454||469,977||407,721|
|NET INCOMING
I(OUTGOING) RESOURCES||||||( 231,925)|||( 9,938)|(|241,863)|(|202,491)|
|Other recognised
gains Ilosses||||||||||||||
|Gains/losses
on disposal of||investment||assets|||12,000||||12,000|||
|Gains/Losses
on revaluation||of|property|to Fair|Value||96,000||||96,000|||
|NET MOVEMENT
IN FUNDS||||||( 123,925)|||( 9,938)|(|133,863)|(|202,491)|
|RECONCILIATION
OF FUNDS-||||||||||||||
|Balances brought
forward||||||2 194363|||66390|2|260 753|2|463244|
|Balances carried forward||||||2070 438|||56451|2|126889|2|260 753|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
|||Note|31August 2021
f|31August 2021|31August 2021
f|31August 2020|
|FIXEDASSETS|||||||
|Tangible assets|||1,488,995||1,488,995|1,543,300|
|Investments|||332||332|332|
||||1,489,327||1,489,327|1,543,632|
|CURRENT ASSETS|||||||
|Debtors|||226,423||226,423|310,339|
|Cash at bank and|in hand||400,533|56,451|456,984|436,061|
||||626,956|56,451|683,407|746,400|
|CREDITORS|||||||
|Amounts
falling due &1Yr||10|( 45,845)||( 45,845)|( 29,280)|
|NET CURRENT ASSETS|||581,111|56,451|637,562|717,120|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILITIES|||2,070,438|56,451|2,126,889|2,260,753|
|NETASSETS|||2,070,438|56,451|2,126,889|2,260,753|
|FUNDS OF THE CHARITY||11|||||
|Brought forward|||2,194,363|66,390|2,260,753|2,463,244|
|Net incoming
resources|||( 123,925)|( 9,939)|( 133,864)|( 202,491)|
|Revaluation
reserve|||||||
|Balances carried|forward||2,070,438|56,451|2,126,889|2,260,753|
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|2.|VOLUNTARY|INC|OME||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unrestricted|Restricted|Total||Total||
||||||||||Funds|Funds|Funds||Funds||
||||||||||Year ended|Year ended|Year ended||Year ended||
||||||||||31 August2021|31August2021|31August
E|2021|31August
f|2020|
||Donations||||||||10,190|||10,190||5,564|
||Gift Aid||||||||2,015|||2,015||2,079|
||Mission
Fund||||||||3,384|||3,384||3,155|
||Acclaim|||||||||||||6,904|
||Church Tithes||||||||40,632|||40,632||35,796|
||General||||||||3,500|||3,500||3,200|
||02H One|Off|Donations|||||||1,500||1,500||1,345|
||02H Gift|Aid||||||||2,176||2,176||1,985|
||Hope for|India Donations||||||||4,346||4,346||4,589|
||||||||||59,720|8,022||67,742||64,616|
|3.|SUPPORT COSTS||||||||||||||
||||||||||Unrestricted|Restricted|Total||Total||
||||||||||Funds|Funds|Funds||Funds||
||||||||||Year ended|Year ended|Year ended||Year ended||
||||||||||31 August2021|31August2021|31August
E|2021|31August
f|2020|
||Telephone|and fax|||||||3,614|||3,614||4,362|
||Computer|Software|||&Maintenance||||2,766|||2,766||1,606|
||Printing,
Postage &||||Stationery||||768|||768||796|
||Literature,|Books &|||Accreditation|||Fee|6,640|||6,640||4,357|
||Sundry Expenses||||||||2,458|||2,458||10,269|
||Legal and|Professional||||Fees|||24,883|||24,883||9,152|
||Travel and Subsistence||||||||4,043|||4,043||64,509|
||Depreciation||ofLeasehold||||Property||1,348|||1,348||1,348|
||Depreciation||of Fixtures|||and Fittings|||2,337|||2,337||2,443|
||||||||||48857|||48 857||98841|
|4.|PREMISES COSTS||||||||||||||
||||||||||Unrestricted|Restricted|Total||Total||
||||||||||Funds|Funds|Funds||Funds||
||||||||||Year ended|Year ended|Year ended||Year ended||
||||||||||31 August2021|31August2021|31August|2021|31August|2020|
||||||||||f|f|f||f||
||Facilities||||||||24,979|||24,979||23,101|
||Insurance||||||||1,045|||1,045||326|
||||||||||26024|||26 024||23427|
|5.|PEOPLE COSTS||||||||||||||
||||||||||Unrestricted|Restricted|Total||Total||
||||||||||Funds|Funds|Funds||Funds||
||||||||||Year ended|Year ended|Year ended||Year ended||
||||||||||31 August2021|31August2021|31August|2021|31August|2020|
||||||||||f|f|f||f||
||Wages and Salaries||||||||126,570|||126,570||62,671|
||Staff Nic (Employers)||||||||3,067|||3,067||3,413|
||Trustee's|Salaries|||||||70,987|||70,987||22,668|
||Trustee's|Social Security|||||||4,452|||4,452||3,642|
||Trustee's|Expenses|||||||7,190|||7,190||11,773|
||Staff Training|||||||||||||2,086|
||Promotion|of|the College||||||7,710|||7,710||2,661|
||||||||||219977|||219977||108 914|
||No staff members|||were||paid more||than|f50,000.||||||
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|10.|CREDITORS: amounts|CREDITORS: amounts|CREDITORS: amounts|due||Yearended|Yearended|Year|ended|ended|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||within|one year||||31August
f|2021|31August
f||2020|||
||Trade creditors||||||7,616||||||
||Other taxes and social security||||||2,560|||2,203|||
||Other creditors||||||35,669|||27,077|||
||||||||45,845|||29,280|||
|11.|RESERVES||||||||||||
||||||As at 01-09-20|Net||As at|31-08-21||||
|||||||Movement
in|||||||
|||||||Fundsf|||||||
||Unrestricted|funds|||||||||||
||General
fund||||2 194363|123925|||2070438||||
||||||2,194,363|( 123,925)|||2,070,438||||
||Restricted funds||||||||||||
||Hope for India||||13,304||( 406)|||12,898|||
||Opportunity
2|Hope|||11,095||( 4,053)|||7,042|||
||Africa Enterprise||Trust||41,991||( 5,479)|||36,512|||
||||||66,390||( 9,938)|||56,452|||
||Total Funds||||2,260,753|133,863|||2,126,889||||
||Net movement|in|funds,|included|in the above are as follows:||||||||
||||||Incoming|Resources||Gain and|||Movement|in|
||||||resources
6|expended
f||Losses
f|||funds||
||Unrestricted|funds|||||||||||
||General
fund||||187,598|( 419,523)||108,000|||( 123,926)||
||Restricted funds||||||||||||
||Hope for India||||4,346||( 4,752)|||||( 406)|
||Opportunity
2|Hope|||14,271|(|18,325)||||(|4,053)|
||Africa Enterprise||Trust||21,898|(|27,377)||||(|5,479)|
||Total Funds||||228,114|469,977||108,000|||~133,863||
##
||||Yearended|||Yearended||
|---|---|---|---|---|---|---|---|
||||31August 2021
F|f|f|31August 2020|f|
|INCOMING RESOURCES||||||||
|HH Income|||||12,426|||
|Donations|||10,190|||5,564||
|Gift Aid|||2,015|||2,079||
|HH Offerings||||||6,904||
|Rental Income - Temple Buildings|||40,000||40,000|||
|02H One Off Donations|||1,500|||1,345||
|02H Gift Aid|||2,176|||1,984||
|Hope for India Donations|||4,346|||4,589||
|Church Tithes:London|||6,500|||5,500||
|Leaders Days|||540|||90||
|Leadership
Academy|||1,680|||3,160||
|Wood spring Church||||||200||
|Basildon|||4,240|||5,035||
|Birmingham|||5,622|||5,522||
|Cambridge|||7,260|||5,985||
|Church Tithes:Mid Somerset|||2,400|||2,500||
|Letchworth|||4,960|||5,760||
|Rugby|||1,650|||1,800||
|Lancaster Church
Alive|||7,100|||1,366||
|General|||3,500|||3,200||
|Church Tithes:Peterborough|||300|||330||
|Mission funds:general|Mission offerings||3,384|||3,155||
|Mumbles
Bay Court Flat Costs||||||500||
|Rental Income - 21 King Edward Street|||8,820|||8,035||
|Rental Income - 18Bennett Street|||9,145|||7,190||
|Rental Income - Aspen|Walk||8,950||10,750|||
|Rental Income - London Road|||6,500|||6,375||
|AET Regular Income|||19,099||35,359|||
|AET Gift Aid|||2,799|||2,697||
|BookSale to Visitors||||||133||
|02H Membership
Income|||10,596||13,891|||
|Dunstable|||600|||1,800||
|Bank Interest||||||||
|||||175,872|||205,230|
|RESOURCES EXPENDED||||||||
|Wages and Salaries|||126,570||62,671|||
|Staff Nic (Employers)|||3,067|||3,413||
|Trustee's Salaries|||70,987||22,668|||
|Trustee's Social Security|||4,452|||3,642||
|Furlough
Grant Income|||( 52,243)|||||
|Trustee's Expenses|||7,190|||11,773||
|Temple
Building Costs||||||180||
|New Street Costs|||1,788|||8,539||
|Marketing|||104,186||60,294|||
|Leaders day Costs|||156|||21||
|Office Facility costs|||8,945|||6,653||
|Mumbles
Bay flat costs|||4,545|||2,527||
|Leading Edge Costs|||1,487|||2,570||
|Swansea costs|||693|||9,122||
|Staff Training||||||284||
|Facilities|||21,513||22,320|||
|Insurance|||1,045|||326||
|Hothorpe
Hall Costs|||250||25,462|||
|Telephone
and fax|||3,614|||4,362||
|Computer
Software & Maintenance|||2,766|||1,606||
|Printing,
Postage & Stationery|||768|||796||
|Literature,
Books &Accreditation||Fee|6,640|||4,357||
|Grants and Gifts|||45,885||61,792|||
|Sundry Expenses|||1,354|||700||
||Legal and Professional
Fees|Legal and Professional
Fees||36,637||18,881||
|---|---|---|---|---|---|---|---|
||Promotion
ofthe College|||7,710||2,661||
||Travel and Subsistence|||4,044||64,509||
||Ansty Staff Retreat|||||1,802||
||Depreciation
of Leasehold|Property||1,348||1,348||
||Depreciation
of Fixtures and||Fittings|2,337||2,443||
||(Profit) / Loss on Disposal of||FA|( 12,000)||||
||||||405,735||407,722|
|NET|(OUTGOING)
/ INCOMING|RESOURCES|||( 229,863)||( 202,492)|
||Balances brought
forward||||2,260,752||2,463,244|
||Gains/Losses
on revaluation||of property to Fair Value||96,000|||
||Balances carried forward||||2,126,889||2,260,752|