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2021-12-31-accounts

Page
Report ofthe Trustees 1 to 4
Independent
Examiner's		 Report
Statement ofFinancial
Activities
Balance Sheet 7 to 8
Cash Flow Statement
Notes to the Cash Flow Statement 10
Notes to the Financial Statements 11 to 18
Detailed Statement ofFinancial Activities 19 to 20

2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
Notes
INCOME AND ENDOWMENTS FROJVI
Donations and legacies 106,955 157,206 264,161 550,090
Charitable activities
Evangelist activities 7,495 7,495 8,976
Camp and training 13,756 13,756 3,492
Other income 19,352 300 19,652 5,336
Total 147,558 157,506 305,064 567,894
EXPENDITURE ON
Charitable activities
Evangelist activities 77,794 71,521 149,315 221,141
Camp and training 43,149 43,149 11,095
Total 120,943 71,521 192,464 232,236
NET INCOME 26,615 85,985 112,600 335,658
Transfers between
funds		 (8,369) 8,369
Net movement
in funds		 18,246 94,354 112,600 335,658
RECONCILIATION OF FUNDS
Total funds brought forxvarxl 241,771 3,165,072 3,406,843 3,071,185
TOTAL FUNDS CARRIF D FORrrVARD 260,017 3,259,426 3,519,443 3,406,843

2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
Notes
FIXEDASSETS
Tangible assets 231,246 3,441,676 3,672,922 3,544,626
CURRENT ASSETS
Debtors 15,971 9,090 25,061 20,604
Cash at bank and in hand 120,967 10,943 131,910 189,619
136,938 20,033 156,971 210,223
CREDITORS
Amounts
falling due within one year		 10 (108,167) (202,283) (310,450) (300,506)
NET CURRENT ASSETS 28,771 (182,250) (153,479) (90,283)
TOTAL ASSETSLESSCURRENT
LIABILITIES 260,017 3,259,426 3,519,443 3,454,343
CREDITORS
Amounts
falling due after more than one year		 11 (47,500)
NET ASSETS 260,017 3,259,426 3,519,443 3,406,843
FUNDS
Unrestricted
funds		 260,017 241,771
Restricted
funds		 3,259,426 3,165,072
TOTAL FUNDS 3,519,443 3,406,843

2021 2020
Notes
Cash flows from operating activities
Cash generated
from operations		 131,262 281,433
Interest paid (133) (4,635)
Net cash provided
by operating
activities		 131,129 276,798
Cash flows from investing activities
Purchase oftangible
fixed assets
Sale oftangible
fixed assets		 (138,838) (126,712)
9,000
Net cash used in investing activities (138,838) (117,712)
Cash flows from financing activities
Loan repayments
in year		 (50,000)
Net cash (used in)/provided by financing activities (50,000)
Change
in cash and cash		 equivalents in
the reporting
period		 (57,709) 159,086
Cash and cash equivalents at the
beginning
ofthe reporting		 period 189,619 30,533
Cash and cash equivalents at the end of
the reporting
period		 131,910 189,619

RECONCILIATION RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2021 2020
Net income for the reporting period (as per the Statement ofFinancial
Activities) 112,600 335,658
Adjustments for:
Depreciation charges 10,542 4,189
Profit on disposal offixed assets (9,000)
Interest paid 133 4,635
(Increase)/decrease
in debtors		 (4,457) 37,067
Increase/(decrease)
in creditors		 12,444 (91,116)
Net cash provided
by		 operations 131,262 281,433
ANALYSIS OF CHANGES IN NET FUNDS
At 1.1.21 Cash flow At 31.12.21
Net cash
Cash at bank and in hand 189,619 (57,709) 131,910
189,619 (57,709) 131,910
Debt
Debts falling due within I year (2,500) 2,500
Debts falling due after I year (47,500) 47,500
(50,000) 50,000
Total 139,619 (7,709) 131,910

Land not provided
Plant and machinery 25%on cost
Fixtures and fittings 25%on cost
Computer equipment 33%oil cost

2. DONATIONS DONATIONS AND LEGACIES AND LEGACIES AND LEGACIES
2021 2020
Gifts 212,129 510,833
Donations 815
Gift aid 14,682 13,129
Grants 37,350 25,313
264,161 550,090
Grants received, included in the above, are as follows:
2021 2020
Other grants 37,350 25,313
INCOME FROM CHARITABLE ACTIVITIES
2021 2020
Activity
Sale ofreligious literature Evangelist activities 7,495 8,976
Camp and training fees Camp and training 13,756 3,492
21,251 12,468
4. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 5) 'Iotals
Evangelist activities 97,444 51,871 149,315
Camp and training 4,149 39,000 43,149
101,593 90,871 192,464
5. SLJPPORT COSTS
Governance
Management Finance costs Totals
Evangelist activities 32,470 698 18,703 51,871
Camp and training 39,000 39,000
71,470 698 18,703 90,871

2021 2020
Independent examination
fees		 3,300 2,568
Depreciation —owned assets 10,542 4,190
Hire ofplant and machinery 765 715
Surplus
on disposal offixed assets		 (9,000)

TANGIBLE FIXEDASSETS
Activity Plant and
l.and centre machinery
COST
At lstJanuary
2021		 204,029 3,334,432 43,655
Additions 107,244 8,250
At 31st December 2021 204,029 3,441,676 51,905
DEPRECIATION
At 1stJanuary
2021		 41,558
Charge for year 2,762
At 31st December 2021 44,320
NET BOOK VALUE
At 31st December 2021 204,029 3,441,676 7,585
At 31st December 2020 204,029 3,334,432 2,097

8. TANGIBLE FIXED AS SETS-continued
Fixtures
and Computer
fittings equipment Totals
COST
At 1st January
2021		 45,858 17,769 3,645,743
Additions 23,344 138,838
At 31st December 2021 69,202 17,769 3,784,581
DEPRECIATION
At 1st January
2021		 45,477 14,082 101,117
Charge for year 5,963 1,817 10,542
At 31st December 2021 5 1,440 15,899 111,659
NET BOOK VALUE
At 31st December 2021 17,762 1,870 3,672,922
At 31st December 2020 381 3,687 3,544,626
9. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
Trade debtors 334 1,443
Income tax recoverable 17,193 2,512
VAT 2,707 11,266
Prepayments
and accrued		 income 4,827 5,383
25,061 20,604
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
Bank loans and overdrafts (see note 12) 2,500
Payments
on account		 60
Trade creditors 20,680 837
Social security
and other taxes		 524
Accruals and deferred income 3,435 3,318
Otherloans 285,751 293,851
310,450 300,506
Other loans
Other loans are made up as follovvs:
2021 2020
Mr P Dixon 30,000 30,000
Mr J I-ludson 39,218 39,218
Mr A Malkin 152,283 152,283

Mr K Carter 4,250 12,350
Mr C K Stenner 20,000 20,000
Mrs 3 Stenner 40,000 40,000
285,751 293,851

11. CREDITO RS: AIVIOUNTS FALLING DUE AFTER IVIORE THA N ONE YEAR
2021 2020
Bank loans (see note 12) 47,500
12. LOANS
An analysis ofthe maturity ofloans is given below:
2021 2020
Amounts
falling due within one yeiu on demand:
Bank loans 2,500
Amounts
falling behveen
one		 and two years:
Bank loans —1-2years 10,000
Amounts
falling due between		 hvo and five years:
Bank loans —2-5 years 30,000
Amounts
falling due in more than live years:
Repayable by instalments:
Bank loans more 5 yr by instal 7,500

MOVE MENT
IN FUNDS
Net Transfers
movement between At
At 1.1.21 in funds funds 31.12.21
Unrestricted
funds
General 241,771 26,615 (8,369) 260,017
Restricted
funds
Activity centre 3,157,253 92,254 3,249,507
Missionary
Fund		 (8,369) 8,369
Overseas Bible Exhibition 7,819 2,100 9,919
3,165,072 85,985 8,369 3,259,426
TOTAL FUNDS 3,406,843 112,600 3,519,443
Net movement
in funds, included		 in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted
funds
General 147,558 (120,943) 26,615
Restricted
funds
Activity centre 92,254 92,254
Missionary
Fund		 61,952 (70,321) (8,369)
Overseas Bible Exhibition 3,300 (1,200) 2,100
157,506 (71,521) 85,985
1'OTAL FUNDS 305,064 (192,464) 112,600
Comparatives
for movement		 in funds
Net Transfers
movement between At
At 1.1.20 in funds funds 31.12.20
Unrestricted fun&is
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 IO,S07 3,165,072
TO1AL F(INDS 3,071,185 335,658 3,406,843

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
A current year 12 months and prior year 12months combined position is as follows:
Net Transfers
movement between At
At 1.1.20 in funds funds 31.12.21
Unrestricted
funds
General 25,065 253,828 (18,876) 260,017
Restricted funds
Activity centre 3,035,514 213,993 3,249,507
Missionary Fund 3,167 (22,043) 18,876
Overseas Bible Exhibition 7,439 2,480 9,919
3,046,120 194,430 18,876 3,259,426
TOTAL FUNDS 3,071,185 448,258 3,519,443
Incoming Resources Movement
resources expended in funds
Unrestricted
funds
General 546,903 (293,075) 253,828
Restricted funds
Activity centre 213.993 213,993
Ivlissionary
Overseas		 Fund
Bible Fxhibition		 108,382
3,680		 (130,42S )
(1,200)		 (22,043)
2,480
326,055 (131,62S) 194,430
TOTAL FUNDS 872,9S8 (424,700 ) 448,2S8

2021 2020
INCOIVIE AND ENDOWMENTS
Donations
and legacies
Gifts 212,129 510,833
Donations 815
GiA aid 14,682 13,129
Grants 37,350 25,313
264,161 550,090
Charitable
activities
Sale ofreligious
literature		 7,495 8,976
Camp and training fees 13,756 3,492
21,251 12,468
Other income
Miscellaneous
income		 19,652 5,336
Total incoming
resources		 305,064 567,894
EXPENDITURE
Charitable
activities
Hire ofplant and machinery 765 715
Purchases 7,648 9,420
Miscellaneous
purchases		 206
Gifts to workers 71,621 87,273
Food costs 3,353 1,453
KVages and salaries 18,000 21,382
101,593 120,243
Support costs
Management
Rates and water 470 605
1llsulrailce 6,618 11,453
Light and heat 12,995 7,411
Telephone 5,263 6,516
Printing,
postage and stationery		 2,088 526
Laundry
expenses		 2,093 2,119
Motor expenses 1,428 2,833
Computer
software		 3,236 5,555
Training costs
Repairs k renewals		 1,014
21,374		 556
11,492
Premises expenses
Depreciation ofplant and machinery		 4,349
2,762		 1,854
2,176
Carried forward 63,690 53,096

2021 2020
Management
Brought fonvard
Depreciation offixtures and fittings
Depreciation ofcomputer
equipment
Loss on sale oftangible
fixed assets		 63,690
5,963
1,817		 53,096
127
1,886
(9,000)
71,470 46,109
Finance
Bank charges and interest 565 755
Bank loan interest 133 313
Mortgage 4,322
5,390
Governance costs
Independent
examination
fees
Legal and professional
fees		 3,300
15,403		 2,568
57,926
18,703 60,494
Total resources expended 192,464 232,236
Net income 112,600 335,658