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





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|||||||
|---|---|---|---|---|---|
|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|||





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||||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<br>income|||17||17|31||31|
|Total income|||304,660|3,598|308,258|313,694|3,626|317,320|
|Expenditure|||||||||
|Expenditure<br>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<br>between|funds|9|(19,782)|19,782|—|(11,113)|11,113||
|Net movement<br>in|funds||58,247|818|59,065|82,414|1,265|83,679|
|Reconciliation<br>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<br>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<br>funds||||833,680||7?5,433|
|||||835,763||776,698|





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|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<br>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|





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|||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<br>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<br>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<br>and|Youth|408||408|365||365|
|Pastoral||2||2|18||'l8|
|Sundays||20||20|502||502|
|Special events<br>Audio||390<br>218||390<br>218|1,640|59|59<br>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|





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||||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<br>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|





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|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|





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|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|



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