##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||||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|2019|
|---|---|---|---|---|
|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|