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2021-12-31-accounts

Contents
Reference and Administrative
Details
Trustees'
Annual
Report
Independent
Examiner's
Report
Statement
of Financial
Activities
Balance Sheet
Notes to the Financial Statements

Trustees Rev M K Bariing
M A Baker
J C Butler
T Kitchingman
SE Mathers
M BVVatt
Principal Office Crescent House
3-7The Mount
Taunton
Somerset
TA1 3NR
Registered Office Crescent House
3-/ The Mount
Taunton
Somerset
TA1 3NR
Independent Examiner Michelle Ferris BSc(Hons) FCA DChA
Albert Goodman LLP
Goodwood House
Blackbrook Park Avenue
Taunton
Somerset
TA1 2PX

Unres- Res- Tota I Unres- Res- Total
tricted tricted 2021 tricted tricted 2020
Notes
Income and endowments
Donations 2 304,643 3,598 308,241 313,663 3,626 317,289
Investment
income		 17 17 31 31
Total income 304,660 3,598 308,258 313,694 3,626 317,320
Expenditure
Expenditure
on charitable
activities 3 226,631 22,562 249,193 220,167 13,474 233,641
Total expenditure 226,631 22,562 249,193 220,167 13,474 233,641
Net income/(expenditure) 78,029 (18,964) 59,065 93,527 (9,848) 83,679
Transfers
between		 funds 9 (19,782) 19,782 — (11,113) 11,113
Net movement
in		 funds 58,247 818 59,065 82,414 1,265 83,679
Reconciliation
of		 funds
Fund balances at 1 January
2021 775,433 1,265 776,698 693,019 693,019
Fund balances at 31
December 2021 833,680 2,083 835,763 775,433 1,265 776,698
Total
2021 Total 2020
Notes K
Fixed assets
Tangible fixed assets 762,623 795,879
Current assets
Debtors 11~122 9,136
Cash at bank and in hand 264,116 208,974
275,238 218,110
Creditors
Amounts
falling due		 within one year 7 (23,624) (23,063)
Net current assets 251,614 195,047
Long term Iiabtlities (178,474) (214,228)
Net assets 835,763 776,698
The funds ofthe charity
Restricted funds 2,083 1,265
Unrestricted
funds		 833,680 7?5,433
835,763 776,698

Donations
Unres- Res- Total Unres- Res- Tota I
tricted tricted 2021 tricted tricted 2020
R R
Tithes &offerings 252,298 252,298 273,102 273,102
Tithes &offerings tax recovered 37,651 37,651 35,129 35,129
Restricted gifts 10,000 3,052 13,052 499 3,100 3,599
Restricted gifts tax recovered 1,546 546 2,092 2,084 416 2,500
Special offerings tax recovered 258 110 368
Mortgage
donations		 1,860 1,860 1,860 1,860
Miscellaneous income 1,288 1,288 731 731
304,643 3,598 308,241 313,663 3,626 317,289

Unres- Res- Total Unres- Res- Total
tricted tricted 2021 tricted tricted 2020
Grants
K F Gifts 6,000 6,000 7,000 - 7,000
Mission gifts 6,551 6,551 3,939 3,939
Israel 2,000 2,000 1,800 - 1,800
Benevolence 6,860 7,936 14,796 4,517 5,200 9,717
Miscellaneous 150 1,500 1,650 222 750 972
Resources
Purchases 30 30 7 7
Miscellaneous 7 7 195 195
Speakers
Gifts 450 1,000 1,450 2,550 2,550
Crescent House
Buildings
insurance		 1,910 — 1,910 1,970 - 1,970
Electricity and gas 4,062 - 4,062 3,030 — 3,030
Water rates 208 - 208 236 - 236
Cleaning 2 667 — 2667 2 457 - 2457
Property
repairs		 138 5,436 5,574 2,412 2,412
Ministry
Wages and salaries 92,149 92,149 90,074 90,074
Refreshments 290 290 1,022 1,022
Children
and		 Youth 408 408 365 365
Pastoral 2 2 18 'l8
Sundays 20 20 502 502
Special events
Audio		 390
218		 390
218		 1,640 59 59
1,640
Music 866 866 775 775
Faith projects 119 119 147 147
Conferences
Accomo dation 284 284
Subsistence 179 179
Miscelianeous 17 17
Depreciation 37,255 37,255 36,589 — 36,589
Support costs 68,530 139 68,669 62,731 1,114 63,845
Governance costs 1,902 1,902 1,840 — 1,840
226,631 22,562 249,193 220,167 13,474 233,641

Freehold Freehold
Property Improvements Equipment Total
Cost
At 1 January 2021 603,452 220,711 105,055 929,218
Additions 3,999 3,999
At 31 December 2021 603,452 220,711 109,054 933,217
Depreciation
At 1 January 2021 12,069 22,071 99,199 133,339
Charge
for the year		 12,069 22,071 3,115 37,255
At 31 December 2021 24,138 44,142 102,314 170,594
Net book value
At 31 December 2021 579,314 176,569 6,740 762,623
At 1 January 2021 591,383 198,640 5,856 795,879
6 Debtors
Total Total
2021 2020
Gift aid tax recoverable 8,727 7,552
Prepayments 1,622 1,584
Other debtors 773
11,122 9,136

7 Credit ors: am ounts falling due within on e year
Total Total
2021 2020
f f
Other creditors 2,316 1,697
Accruals 2,120 2,178
Mortgage due & 1 year 19,188 19,188
23,624 23,063
8 Creditors: amounts falling due after one year
Total Total
2021 2020
f f
Mortgage 178,474 214,228
178,474 214,228
9 Statement of funds
Opening Incoming Outgoing Transfers Closing
Balance Resources Resources Balance
01/01/21 31/12/21
f f f f
Restricted funds
Mission 650 (9,153) 8,503
Mongolia 70 (5,000) 4,930
Help 1,265 473 1,738
CH 688 (5,436) 4,749
Baby Bank 1,618 (1,273) 345
Food Bank 100 (1,700) 1,600
Total restricted funds 1,265 3,598 (22,562) 19,782 2,083
Unrestricted funds
General fund 218,826 294,371 (217,956) (1S,782) 275,459
Designated funds
Property 556,607 10,289 (8,675) 558,221
Total funds 776,698 308,258 (249,193) 835,763

ment o ffu nds- 2020
Opening Incoming Outgoing Transfers Closing
Balance Resources Resources Balance
01/01/20 31/12/20
Restricted funds
Mission 660 (3,939) 3,279
Mongoiia 91 (5,000) 4,909
Help 1,465 (200) 1,265
CH 625 (2,412) 1,787
Urquhart 650 (750) 100
Move of God 135 (1,173) 1,038
Total restricted funds 3,626 (13,474) 11,113 1,265
Unrestricted funds
General fund 116,696 311,531 (211,061) 1,660 218,826
Designated funds
Property 576,323 2,163 (9,106) (12,773) 556,607
Total funds 693,019 317,320 (233,641) 776,698
Unres- Res- Total Unres- Res- Total
tricted tricted 2021 tricted tricted 2020
R
Tangible assets 762,623 762,623 795,879 ?95,879
Net current assets 249,531 2,083 251,614 193,782 1,265 195,047
Long term liabilities (178,474) (178,474) (214,228) (214,228)
833,680 2,083 835,763 775,433 1,265 776,698