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2020-12-31-accounts

Reference and Administrative
Details		 Reference and Administrative
Details
Trustees'
Report		 2 to 10
Independent
Examiner's		 Report
Statement
of Financial		 Activities 12
Balance Sheet 13
Notes to the Financial Statements 14to 25

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Balance Sheet as at 3 1December 202 0
2020 2019
Note f f
Fixed assets
Tangible assets 630 1,403
Current assets
Debtors 12 29,350 24,468
Cash at bank and in hand 99,761 72,543
129,111 97,011
Creditors: Amounts falling due within one year 13 (6,983) (13,025)
Net current assets 122,128 83,986
Net assets 122,758 85,389
Funds ofthe charity:
Restricted funds 6,735 8,295
Unrestricted income funds
Unrestricted funds 116,023 77,094
Total funds 14 122,758 85,389

Unrestricted funds
Restricted Total Total
Designated General funds 2020 2019
f f f f f
Donations and
legacies;
Donations from
individuals 1,773 106,536 15,990 124,299 121,027
Gift aid reclaimed 23,657 23,657 22,854
1773 130,193 15,990 147,956 143,881

Unrestricted funds
Restricted Total Total
Designated General funds 2020 2019
Note E f f
Church rent 3,685 3,685 19,051
Depreciation of
fixtures and fittings 773 773 1,248
Staff training 132 132 374
Travelling 2,977 2,977 13,462
Office rent 2,200 2,200 2,200
insurance 1,033 1,033 1,027
Ministry expenses 3,446 3,446 4,670
Other conferences
5 training 12,116 12,116 12,734
Special events 1,671 1,671 9,107
Church camp 47,258
Accountancy fees 2,000 2,000 1,680
Grants to
individuals 3,201 400 3,601 1,620
Grants to
institutions 1,985 7,361 9,346 10,906
Staff costs 54,174 17,150 71,324 70,245
Allocated
support
costs 15 3,950 3,965 4,107
2,000 98,719 17,550 118,269 199,689

2020 2019
Name of institution f f
Word International Ministries Ireland 6,567 6,660
Word International Barcelona 1,985 1,815
Word International Greece 794 1,633
Others less than f1,000 798 798
10,144 10,906

The aggregate
payroll costs were as follows:
2020 2019
f f
Staff costs during the year were:
Wages and salaries 67,400 65,900
Social security costs 1,164 1,769
Pension costs 2,760 2,576
71,324 70,245
2020 2019
No No

11Tangible fix ed asse ts
Furniture
and
equipment Total
f f
Cost
At 1January 2020 14,190 14,190
At 31December 2020 14,190 14,190
Depreciation
At 1January 2020 12,787 12,787
Charge for the year 773 773
At 31December 2020 13,560 13,560
Net book value
At 31December 2020 630 630
At 31December 2019 1,403 1,403
12 Debtors
2020 2019
f f
Prepayments 1,215
Other debtors 28,135 24,468
29,350 24,468
13 Creditors: amounts falling due within one year
2020 2019
f f
Other taxation and social security 2,907 3,058
Accruals 4,076 9,967
6,983 13,025

14 Funds
Balance at 31
Balance at 1 Incoming Resources December
January 2020 resources expended 2020
f f f f
Unrestricted funds
General
General Funds 59,312 137,875 (98,719) 98,468
Designated
Building Fund 12,402 1,713 14,115
Foreign Mission Fund 4,484 60 (2,000) 2,544
Benevolent Fund 896 896
17,782 1773 (2,000) 17,555
Total unrestricted funds 77,094 139,648 (100,719) 116,023
Restricted funds
Regional Fund 6,803 5,433 (6,978) 5,258
Salary Fund 10,172 (10,172)
Philippines Calamity Fund 1,492 385 (400) 1,477
8,295 15,990 (17,550) 6,735
Total funds 85,389 155,638 (118,269) 122,758

N otes to the Fina ncial Statements for the Yea r Ended 31D ecember 202 0
Balance at
Balance at 1 31
January Incoming Resources December
2019
f		 resources
f		 expended
f		 Transfers
f		 2019
f
Unrestricted funds
General
General Funds 66,720 185,994 (193,138) (264) 59,312
Designated
Building Fund 9,104 3,298 12,402
Foreign Mission Fund 2,518 390 1,576 4,484
Benevolent Fund 896 896
12,518 3,688 1,576 17,782
Total unrestricted funds 79,238 189,682 (193,138) 1,312 77,094
Restricted funds
Regional Fund 7,271 (468) 6,803
Salary Fund 6,083 (6,083)
Seeds of Hope Fund 1312 (1,312)
Philippines Calamity Fund 1,492 1,492
10,075 6,083 (6,551) (1,312) 8,295
Total funds 89,313 395,765 I199,689) 85,389

Unrestricted
funds
Restricted
General funds Total funds
2020 Current Year Figures E E E
Tangible fixed assets 630 630
Current assets 122,376 6,735 129,111
Current liabilities (6,983) (6,983)
Total net assets 116,023 6,735 122,758
Unrestricted
funds
Restricted
General funds Total funds
2019Prior Year Figures E E
Tangible fixed assets 1,403 1,403
Current assets 88,716 8,295 97,011
Current liabilities (13,025) (13,025)
Total net assets 77,094 8,295 85,389