2020-12-31-accounts - Foundation Matters

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								2020	2019
						Unrestricted	Restricted	Total	Total
						funds	funds	funds	funds
					Notes
INCOME	AND ENDOWMENTS			FROM
Donations	and legacies					381,541	168,549	550,090	277,533
Charitable	activities
Evangelist	activities					8,976		8,976	3,462
Camp and	training					3,492		3,492	48,338
Other income						5,336		5,336	445
Total						399,345	168,549	567,894	329,778
EXPENDITURE ON
Charitable	activities
Evangelist	activities					161,037	60,104	221,141	208,731
Camp and	training					11,095		11,095	13,427
Total						172,132	60,104	232,236	222,158
NET INCOME						227,213	108,445	335,658	107,620
Transfers	between	funds			13	~10,507)	10,507
Net movement in funds						216,706	118,952	335,658	107,620
RECONCILIATION			OF FUNDS
Total funds brought			forward			25,065	3,046, 120	3,071,185	2,963,565
TOTAL FUNDS CARRIED FORWARD						241,771	3,165,072	3,406,843	3,071,185

					2020	2019
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
FIXEDASSETS
Tangible assets			210,194	3,334,432	3,544,626	3,422,104
CURRENT ASSETS
Debtors			20,604		20,604	57,671
Cash at bank and in hand			176,696	12,923	189,619	30,533
			197,300	12,923	210,223	88,204
CREDITORS
Amounts falling due within	one year	10	(118,223)	(182,283)	(300,506)	(264,123)
NET CURRENT ASSETS			79,077	~169,360)	~90,283)	~175,919)
TOTAL ASSETSLESSCURRENT
LIABILITIES			289,271	3,165,072	3,454,343	3,246, 185
CREDITORS
Amounts falling due after more than one year		11	(47,500)		(47,500)	(175,000)
NET ASSETS			241,771	3,165,072	3,406,843	3,071,185
FUNDS		13
Unrestricted funds					241,771	25,065
Restricted funds					3,165,072	3,046, 120
TOTAL FUNDS					3,406,843	3,071,185

				2020	2019
			Notes
Cash flows from operating	activities
Cash generated from operations Interest paid				281,433 ~4,635)	95,691 ~5,25o)
Net cash provided by operating activities				276,798	90,441
Cash flows from investing	activities
Purchase oftangible fixed assets				(126,712)	(75,853)
Sale oftangible fixed assets				9,000	777
Net cash used in investing	activities			(117,712)	+75,076)
Change in cash and cash	equivalents	in
the reporting period				159,086	15,365
Cash and cash equivalents	at the
beginning ofthe reporting	period			30,533	15,168
Cash and cash equivalents	at the end	of
the reporting period				189,619	30,533

ACTIVITIES
			2020	2019
Net income for the	reporting	period (as per the Statement ofFinancial
Activities)			335,658	107,620
Adjustments for:
Depreciation charges			4,189	10,293
Profit on disposal offixed assets			(9,000)	(450)
Interest paid			4,635	5,250
Decrease/(increase) (Decrease)/increase	in debtors in creditors		37,067 $91,116)	(36,183) 9,161
Net cash provided	by operations		281,433	95,691

ANALYSIS OF CHAN	GES IN NET FUNDS
		At 1.1.20	Cash flow	At 31.12.20
Net cash
Cash at bank and in hand		30,533	159,086	189,619
		30,533	159,086	189,619
Debt
Debts falling due within	1 year		(2,500)	(2,500)
Debts falling due after I	year		~47,500)	~47,500)
			$50,000)	$50,000)
Total		30,533	109,086	139,619

2.	DONATIONS	DONATIONS	AND LEGACIES	AND LEGACIES	AND LEGACIES	AND LEGACIES	AND LEGACIES	AND LEGACIES
											2020	2019
	Gifts										510,833	234,828
	Donations										815	2,752
	Gift aid										13,129	39,953
	Government	Grants									25,313
											550,090	277,533
	Grants received,		included		in	the		above, are	as follows:
											2020	2019
	Government	grants		relating		to	Covid-19 support				25,313
	INCOME	FROM		CHARITABLE ACTIVITIES
											2020	2019
							Activity
	Sale ofreligious		literature				Evangelist		activities		8,976	3,462
	Camp and training			fees			Camp and		training		3,492	48,338
											12,468	51,800
4.	CHARITABLE ACTIVITIES							COSTS
											Support
										Direct	costs (see
										Costs	note 5)	Totals
	Evangelist	activities								117,912	103,229	221,141
	Camp and training									2,331	8,764	11,095
										120,243	111,993	232,236
5.	SUPPORT COSTS
											Governance
									Management	Finance	costs	Totals
	Evangelist	activities							41,273	1,462	60,494	103,229
	Camp and	training							4,836	3,928		8,764
									46,109	5,390	60,494	111,993

Net income/(expenditure) is stated a	fter charging/(	crediting):
			2020	2019
Independent examination fees			2,568	10,178
Under/(over) accrual ofindependent	examination	fees		(10,329)
Depreciation —owned assets			4,190	10,292
Hire ofplant and machinery Surplus on disposal offixed assets			715 ~9,000)	60 ~450)

TANGIBLE FIXEDASSETS
		Activity	Plant and
	Land	centre	machinery
COST
At 1st January 2020	204,029	3,216,528	55,859
Additions Disposals		117,904	2,796 ~10,000)
At 31st December 2020	204,029	3,334,432	43,655
DEPRECIATION
At 1st January 2020			54,382
Charge for year Eliminated on disposal			2,176 ~15,000)
At 31stDecember 2020			41,558
NET BOOK VALUE
At 31stDecember 2020	204,029	3,334,432	2,097
At 31st December 2019	204,029	3,216,528	1,477

8.	TANGIBLE FIXED	AS	SETS - continued
			Fixtures
			and	Computer
			fittings	equipment	Totals
	COST
	At 1st January 2020		45,350	12,265	3,534,031
	Additions Disposals		508	5,504	126,712 ~15,000)
	At 31stDecember 2020		45,858	17,769	3,645,743
	DEPRECIATION
	At 1st January 2020		45,350	12,195	111,927
	Charge for year Eliminated on disposal		127	1,887	4,190 ~15,000)
	At 31stDecember 2020		45,477	14,082	101,117
	NET BOOK VALUE
	At 31stDecember 2020		381	3,687	3,544,626
	At 31st December 2019			70	3,422,104
9.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2020	2019
	Trade debtors			1,443	1,676
	Income tax recoverable			2,512	47,770
	VAT			11,266	2,762
	Prepayments and accrued		income	5,383	5,463
				20,604	57,671
10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2020	2019
	Bank loans and overdrafts		(see note 12)	2,500
	Trade creditors			837	12,972
	Accruals and deferred	income		3,318	3,250
	Other loans			293,851	247,901
				300,506	264,123
	Other loans
	Other loans are made	up	as follows:
				2019	2019
	Mr P Dixon			30,000	30,000
	Mr J Hudson			39,218	39,218
	Mr A Malkin			152,283	152,283

CR	E	DITORS: AMOUNTS FALLING DUE W	ITHIN ONE YEAR - continued
Mr	K	Carter	12,350	26,400
Mr	C	K Stenner	20,000
Mrs	I	Stenner	40,000
			293,851	247,901

CREDITORS: AMOUNTS FALLING DUE AFTER	MORE THAN ONE YEAR
	2020	2019
Bank loans (see note 12)	47,500
Deferred consideration		175,000
	47,500	175,000

			2020
Amounts falling due within		one year on demand:
Bank loans			2,500
Amounts falling between	one and two years:
Bank loans —1-2years			10,000
Amounts falling due between two and five years:
Bank loans -2-5 years			37,500

MOVEMENT IN FUNDS
			Net	Transfers
			movement	between	At
	At	1.1.20	in funds	funds	31.12.20
Unrestricted funds
General	25,065		227,213	(10,507)	241,771
Restricted funds
Activity centre	3,035,514		121,739		3,157,253
Missionary Fund		3,167	(13,674)	10,507
Overseas Bible Exhibition		7,439	380		7,819
	3,046,120		108,445	10,507	3,165,072
TOTAL FUNDS	3,071,185		335,658		3,406,843
Net movement in funds, included	in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted funds
General			399,345	(172,132)	227,213
Restricted funds
Activity centre			121,739		121,739
Missionary Fund			46,430	(60,104)	(13,674)
Overseas Bible Exhibition			380		380
			168,549	~60,104)	108,445
TOTAL FUNDS			567,894	~232,236)	335,658

			Net	Transfers
			movement	between	At
		At 1.1.19	in funds	funds	31.12.19
Unrestricted	funds
General		5, 173	(37,512)	57,404	25,065
Restricted	funds
Activity centre		2,958,392	134,527	(57,404)	3,035,515
Missionary	Fund		3,166		3,166
Overseas Bible Exhibition			7,439		7,439
		2,958,392	143,132	~37,404)	3,046, 120
TOTAL FUNDS		2,963,565	107,620		3,071,185

	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General	132,223	(169,735)	(37,512)
Restricted funds
Activity centre	134,527		134,527
Missionary Fund	55,589	(52,423)	3,166
Overseas Bible Exhibition	7,439		7,439
	197,555	~52,423)	145,132
TOTAL FUNDS	329,778	(222,158)	107,620

			Net	Transfers
			movement	between	At
		At 1.1.19	in funds	funds	31.12.20
Unrestricted	funds
General		5,173	189,701	46,897	241,771
Restricted	funds
Activity centre		2,958,392	256,266	(57,404)	3,157,254
Missionary	Fund		(10,508)	10,507	(I)
Overseas Bible Exhibition			7,819		7,819
		2,958,392	253,577	~46,897)	3,165,072
TOTAL FUNDS		2,963,565	443,278		3,406,843

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds
General		531,568	(341,867)	189,701
Restricted	funds
Activity centre		256,266		256,266
Missionary	Fund	102,019	(112,527)	(10,508)
Overseas Bible Exhibition		7,819		7,819
		366,104	(112,527)	253,577
TOTAL FUNDS		897,672	(454,394)	443,278

		2020	2019
INCOME AND ENDOWMENTS
Donations and legacies
Gifts		510,833	234,828
Donations		815	2,752
Gift aid		13,129	39,953
Grants		25,313
		550,090	277,533
Charitable activities
Sale ofreligious literature		8,976	3,462
Camp and training	fees	3,492	48,338
		12,468	51,800
Other income
Miscellaneous income		5,336	445
Total incoming resources		567,894	329,778
EXPENDITURE
Charitable activities
Hire ofplant and machinery		715	60
Purchases		9,420	10,478
Gifts to workers		87,273	52,623
Food costs		1,453	20,806
Design and artwork	fees		27,150
Wages and salaries		21,382	17,404
		120,243	128,521
Support costs
Management
Rates and water		605	8,349
Insurance		11,453	7,701
Light and heat		7,411	8,074
Telephone		6,516	6,747
Printing, postage	and stationery	526	2,160
Laundry expenses		2,119	2,159
Motor expenses		2,833	7,473
Computer software		5,555	14,698
Training costs		556	503
Repairs k renewals		11,492	13,768
Premises expenses		1,854	6,060
Consultancy fees			540
Carried forward		50,920	78,232

			2020	2019
Management
Brought forward			50,920	78,232
Depreciation	ofplant and	machinery	2, 176	9,767
Depreciation	offixtures and fittings		127
Depreciation Profit on sale	ofcomputer oftangible	equipment fixed assets	1,886 ~9,000)	526 ~450)
			46,109	88,075
Finance
Bank charges	and interest		755	463
Bank loan interest			313
Mortgage			4,322	5,250
			5,390	5,713
Governance	costs
Independent	examination	fees	2,568	(151)
Legal fees			57,926
			60,494	~151)
Total resources	expended		232,236	222,158
Net income			335,658	107,620