OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-07-31-accounts

Page
Charity
information		 1
Trustees'
annual
report		 3
Statement of directors' responsibilities 10
Accountants'
report		 12
Funds statements:-
Slstement offinancial activities 14
Fixed asset funds 15
Movements
in funds		 15
Income snd expenditure account 16
Balance sheet 17
Cash flow statement 18
Notes to the accounts 20

The charity 's finan cial position at the end ofthe year ended cial position at the end ofthe year ended cial position at the end ofthe year ended cial position at the end ofthe year ended 31July 2020
The financial position ofthe charity at 31 July 2020 and comparatives for the prior period, as more
fully detailed in the accounts, can be summarised as follows:-
2020 2019
a
Net income 150,564 104,875
Unrestricted
the general		 revenue
purposes		 funds available
ofthe charity		 for 877,441 726,877
Totalfunds 877,441 726,877

year ended 3fJ uly 2020, as r equired by the Compan ies Act 2006J
Notus Current year
Unrestricted		 Current year
Restricted		 Current year
Total funds		 Prior year
Totaltunds
funds funds
2020 2020 2020 2019
E 2
Income
Donations,
gift sid &
Other		 project Income 19
20		 767,999
18,278		 767,999
18,278		 662,808
31,254
Total income 788,277 T$6,2T7 694,062
Expenditure
on:
Chantable
activities		 24 635,713 635,713 589,187
Total expenditure 635,713 635,713 589,187
Net income for the year 150,564 150,564 104,$75
Net income after transfers 150,564 150,564 104,875
Net movement
in funds		 150,564 150,564 104,875
Reconcfilation
offunds:-
Total funds brought forward 726,877 726,377 622,002
Total funds carried forward 877,441 877,441 726,877

Resources ap plied
in th		 e year ended 3 1 July 2020towards f ixed assets for Charity u se:-
2020 2010
E
Funds generated
Resources applied
Resources applied		 in the year as
on (unctional
on building		 detailed
in the SOFA
fixed assets
relurbisment		 150,564
(7,386)
(155,368)		 104,875
(32,626)
(30,360)
Netresources available to fund charitable activities 12,188 41,878

Revenue a ccumulat ed
funds
Unrestricted Restricted Total Laalyaar
funds funds funda Total funds
2020 2020 2020 2019
E E E E
Accumulated funds brought forward 726,877 726,877 622,002
Recognised gains and losses before transfers 150,564 150,564 104,875
877,441 877,441 726,877
Closing revenue funds 877,441 877,441 726,877
Summary offunds Unrestricted Raatriotad Total Laat Year
and funds funds total funds
Designated
funds
2020 teaa 2020 2019
E E E E
Revenue accumulated funds 877,441 877,441 726,877

Income and Expenditure
Ac
Companies
Act 2006		 coun t fo r th e year ended 31J uly 2020as required
by the
2020 2019
Income
Income from operations 767,999 662,808
Investment
income
Other operating
income		 18,278 31,254
Gross income in the year before exceptional items 786,277 694,062
Exceptional
Items:
Realised gains on disposals
oftangible		 fixed assets held for the charity's own use
Gross income in the year Including
exceptional		 items 786,277 694,062
Expenditure
Charitable
expenditure,
excluding		 depreciation snd amcrtisation 601,346 558,266
Depreciation
and amorlisation		 31,367 27,921
Governance
costs		 3,000 3,000
Total expenditure
In the year		 635,713 589,1ST
Net income before tax In the financial year 150,564 104,875
Tsx on surplus
on ordinary
activities
Net income after tax in the financial year 150,564 104,875
Retained surplus forthe financial year 150,564 104,875
Ail activities derive from conunuing operations.

Notes 2620 2019
8 E
Fixed assets
Building refurbishment 478,164 332,961
Tangible assets 21,308 35,144
Total fixed assets 499,492 368,105
Current assets
Debtois 10 11,387 11,488
Cash at bank and in hand 383,772 355,393
Total current assets 395,159 366,881
Creditors: amounts
one year		 falling due within 12 (17,210) (8,109)
Net current assets 377,949 358,772
The total net assets ofthe charity 877rtst 726,877
The total net assets ofthe charity are funded by the funds ofthe charity, es follows:-
aestricted funds
unrestricted
funds
IJnrestdcted
revenue		 funds 15 877,441 726,877
877,441 726,877
Designated
funds
Total charity funds 877,441 726,877

Cash flow statement
for the year ended		 Cash flow statement
for the year ended		 31July 2020
2020 2010
Cash flows from operating
activities
Net cash provided
by operating
activities as shown		 below 191,133 119,438
Cash Bows from investing
activities
Purchase ofplant,
media and office equipment
Purchase ofproperty assets		 (7,386)
(155,368)		 (62,997)
(30,369)
ltet cash provided
by investing
activities		 ~162,754 ~93, 66
Overall cash provided
by all activities		 28,379 26,072
Cash movements
Change
in cash and cash equivalents
from activities		 in the
year ended 31 July 2020 28.379 26,072
Cash and cash equivalents
at
1 August 2019		 355,393 298,952
Cash at bank and in hand less overdrafts at 31July 383,772 325,024

2020 2019
Reconciliation ofnet income to net cash flow from operating activities
Net
income as shown		 in the Statement ofFinancial Activities 150,564 104,875
Adjustments
for:-
Depreciation
charges		 31,367 27,921
Decrease in debtors 101 (331)
increase in creditors, excluding loans 9,101 (13,027)
Net cash provided by operating activities 191,133 119,438
Analysis ofcash and cash equivalents
2020 2019
6
Cash
in		 hand at for the year ended 31 July 2020 383,772 355,393
Total cash and cash equivalents 383,772 355,393
Analysis ofchange in net debt
2020 2020 2019
f 6
At start Cash At end
ofyear ffow ofyear
Cash 355,393 28,379 383,772
Total 355,393 28,379 383,772

2020f 2019
6
The net surplus
before tsx in		 ths financial year is stated afier chargtng:-
Depreciation
ofowned fixed sssste		 21,222 17,776
DepreCiatiOn
Snd SmOrtieariOn		 Of heritage aSSetS 10,145 7,038
Pension costs 2,849

Stag costa and emoluments
Salary costs 2020 2019
Gross salaries excluding
trustees snd key management		 personnel 150.060 170,508
Employer's
national
insurance
for all staff		 14,821
Employer's
pension
contribution		 2,849
Total salaries, wages and related costs 167,730 170,500

8 Building
refurbishment		 2020 2010
6 2
Cost
At 1 August
Additrons		 351,696
155,366		 321,521
30,369
At 31July 507,256 351,890
Depreciation
At 1 August
Charge for the year		 16,929
10,145		 11,891
7,038
At 31 July 29,D74 'i8,929
Nst book value 478,104 332,961
9 Tangible fixed assets
Music,
media snd
ofncs		 Furniture
8
fittings		 Motor
vsh!cise		 Total
equi pmsnts
Cost
At 1 August 2019
Additions		 141,296
4,919		 17,612
2467		 14,214 172,522
7386
At 31July 2020 146,215 19,479 14,214 179,908
Depreciation
At 1 AU9ust 2019		 109,176 13,988 14,214 137,376
Charge for the year 18,655 2,567 21,222
At 31 July 2020 127,831 10,555 14,214 158,00D
Net book value
At 31 JIAly 2020 16,304 2,024 21,300
At 31 July 2019 32,120 3,024 35,144

10 Debtors
2020 2019
5
Prepsyments
sod scorued		 income 5,402 5,503
11 Debtors due after one year 2020 2019
E
Rental deposit 5,985 5965
5,985 5,985
12 Creditors: amounts falling due within one year 2020 2019
E
PAYS, NIC, VAT snd other taxes 16,189 8,109
Other creditors 1,021
17,210 8,109
13 Income and Expenditure account summary 2020f 2019
At 1 August 2019 726,877 622,002
Surplus after tax for the year 150,564 104,575
At 31 July 2020 877,441 720,877

At 31July 2020 At 31July 2020 unrestricted Designated Restricted Total
funds funds funds funds
E E E
Building refurbishment 478,154 478,184
Tangible fixed assets 21,306 21,308
Current assets 395,159 395,159
Current lisbililties (17,210) (17,210)
577,441 877,441
At 1 August 2019 unrestricted Designated Reetocted Total
funds
f		 fuhcte
f		 funds fundsf
Building refurbishroent 332,961 332,961
Tangible fixed assets 35,144 35,144
Current assets 366,881 306,881
Current habllibss (8,109i (8,109i
726,877 726,877

Change
in		 total f u nds o ver the year as shown
In Nate 1		 4, analyse d
by Individua		 l
funds		 l
funds
Funds Movement
in		 Transfers Funda
brought funds
in		 between carried
forward from 2020 funds in forward to
2019 2020 2021
E E
Vnmstricteif end designated funds:-
Unrestncted revenue funds 726 377 150564 877,441
Total unrestricted snd designated funds 726,$77 150,564 677,441
Total charity funds 726,877 150,564 077,441
Analysis of movements in funds over the year as shown in Note 15
Income Expenditure Other Gains Movement
&Losses In funds
2020 2020 2020 2020
E E
Vnrestricted snd designated funds;-
Unrestricted revenue funds 786,277 (635,713) 150,564
786,277 (635,713) 150,564

19 Donations and gift aid gift aid
Current
year		 Current year Current year Prior year
Unrestricted Restricted Total funds Total funds
funds funds
2020 202D 2020 2010
Donations from individuals 592,287 592,287 532,113
Gifl aid 128,607 129,507 120,141
Total donations
individuals		 and gift aid from 720,894 72D,S94 552,254
Current year Currant year Current year Prior year
Unrsstrictad Restricted Total funds Tctalfunds
funds funds
202D 2020 2020 2010
Project income 47, 105 47,105 10,554
Total project income 47,1DS 47,105 10,554
Total donations,
project incme		 gift aid and 787,999 757,999 552,808
20 Other income
Current year Current year Current year Prior year
Unrestricted Restricted Total funds Total funds
funds funds
2020 2020 2020 2019
f f f
Others 18,278 18,278 31,254
Total other income 18,278 18,278 31,254

Expenditure
on charitable		 activities - Dir ect spending
Current year Currant year Current year Prior year
Unrestricted Restricted Totalfunds Totalfunda
funds funds
2020 2020 2D20 2919
f
Gross wages and salaries
activities		 -charitable 150,060 150,060 170,508
Employers'
Nl - charitable		 activities 14,621 14,821
Employers'
pension - charitable
activities		 2,849 2,849
Travel and subsistence
-charitable
activities 68,467 68,467 32,825
iyiarketing
and advertising
services		 of charitable 622 622 1,777
Missions (outreach
work)		 7,575 7,576 6,DDO
Evangelism
and promotion
Print and design		 23,420
35,762		 23,420
36,762		 17,881
38,050
Events and meetings 53,663 53,663 27,065
Motor expenses
Members
welfare		 22,735
6,098		 22,735
6,098		 26,587
1,549
Musician expenses 59,383 59,383 68,815
Gifts to charities and waiting ministers 17,400 17,4DD 19,794
Total direct spending 462,855 462,865 410,851

22 Support costs for charitable Support costs for charitable activities
Current year Current year Current year Prior year
Unrestricted Restricted Total funds Total funds
funds funds
2020
6		 2020 2020
f		 2019
6
Employee costs notincluded ln direct
costs
Catering
and refreshment
Computer
supplies
and software
Training
Storage and cleaning
Office expenses		 343
755
2,950
4,728
12,901		 343
755
2,950
4,728
12,9O1		 766
2,392
11,554
5,436
7,676
Premises expenses
Rental and property lease 58,285 58,285 76,291
Rates and water charges 3,474 3,474 3,328
Premises repairs,
renewals
maintenance		 and 6,954 6,954 5,303
Property insurance 4,087 4,087 5,699
Administrative
overheads
Telephone,
fax and internet
Insurance		 5,732
4,854		 5,732
4,854		 2,770
4,357
Stationery
and printing		 1,455 1A55
Security and safety
Lighting
and heating
Website development
CD's books and tapes		 516
3,980
19,010
500		 516
3,980
19,010
500		 1,102
6,604
12,694
108
Subscription 200 206
Professional fees paid fo advisors
other than the auditor or examiner
Pastoral contract fees 658
Other legal and professional 2,100 2,100 840
Financial coscr
Bank charges 5,867 5,667 5,837
Depreciation
Depreciation
for the period		 31,367 31,367 27,921
Support costs before reallocation 169,858 169,858 175,336
Total support costs 169,858 169,658 175,336

Current year Current year Current year Prior year
Unrestricted Restricted Total funds Total funds
funds funds
2020
f		 202D 2020f 2019
f
Independent examiner's fees 3,000 3,000 3,00D
Total governance costs 3,000 3,000 3,000
24 Total charitable expenditure
Current year Current year Current year Prior year
Unrestricted Restricted Total funds Total funds
Current year funds
2020f		 funds
2020		 2020f 2019f
Total direct spending 462,855 462,855 41D.851
Total support costs 169,858 169,858 175,336
Total governance costs 3,000 3,000 3,000
Total charitable expenditure 635,713 635,713 589,187
All the expenditure in the prior year was unrestr icted.
Prior year Prior year Prior year
Unrestricted Restricted Totslfunds
Prior year funds
2019		 funds
2019		 2019
f
Total direct spending 410,851 410,851
Total
Total		 support casts
governance
costs		 175,336
3,000		 175,336
3,000
Total charitable expenditure 589,187 589,187

This analysis is classsfffed This analysis is classsfffed by by activity and not by conventional not by conventional nominal descriptions. nominal descriptions. nominal descriptions. nominal descriptions.
25 Analysis
ofincome by		 activity
2020 2019
Activity 6 5
Summary oftotal income
Donations,
giA aid 8 project
Other income		 income 767,999
18,278		 682,808
31,254
Total income as shown in the SOFA 786,277 694,062
Categories ofincome
Income from non-exchange transactions 786,277 694,062
26 Analysis ofcharitable expenditure by activity
Summary ofcharitable costs by activity
Direct costs Support Grant Total Total
COStS funding of
activities
2020 2020 2020 2020 2019
6 6 f. 5
Tata!governance
costs		 as detailed
in Note 23 3,000 3,000 3,000
Expenditure
on charitable		 activities
directly atlributabie
to activities		 462,855 462,855 410,851
Employee costs not included in
direct costs 21,677 21,677 27,824
Premises expenses 72,800 72,800 84,621
Administrative
overheads		 36,247 36,247 27,635
Professional
fees		 2,100 2,100 1,498
Financial costs 5,667 8,667 5,637
Depreciation 3'i,367 31,367 27,921
Total charitable
expenditure		 632,713 3,000 635,713 589,187