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||||Page|
|---|---|---|---|
|Report ofthe Trustees||1to6||
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||9to10||
|Notes to the Financial Statements||11|to 20|
|Detailed Statement of Financial|Activities|21|to 22|
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|forthe Year Ended 3|1 Decembe|r 2020||||||
|---|---|---|---|---|---|---|---|
|||||||31.12.20|31.12.19|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes||f|||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies|||3|44,842||44,842|42,188|
|Other income|||4|12,491||12,491|14,893|
|Total||||57,333||57,333|57,081|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Church related costs||||61,510||61,510|55,718|
|Giving||||1,430||'i,430|3,895|
|Total||||62,940||82,940|59,613|
|NET INCOMEI(EXPENDITURE)||||(5,607)||(5,607)|(2,532)|
|RECONCILIATION OF FUNDS||||||||
|Total funds brought|forviisrd|||244,999||244,999|247,531|
|TOTAL FUNDS CARRIED FORWARD||||~239392|-|~239392|244,999|
|Balance Sheet
31 December 2020||||||
|---|---|---|---|---|---|
|||||31.12.20|31.12.19|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||hlotes||6|||
|FIXEDASSETS||||||
|Tangible assets|11|291,269||291,269|291,269|
|CURRENT ASSETS||||||
|Debtors|12|4,196||4,196|5,835|
|Cash at bank||23,557||23,557|30,620|
|||27,753||27,753|36,455|
|CREDITORS||||||
|Amounts
falling due within one year|13|(7,591)||(7,591)|(6,077)|
|NET CURRENT ASSETS||~20 162||~20 162|~30378|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||311,431||311,431|321,647|
|CREDITORS||||||
|Amounts
falling due after more than one||||||
|year|14|(72,039)||(72,039)|(76,648)|
|NETASSETS||~239392|-|~239392|~244 999|
|FUNDS||||||
|Unrestricted
funds||||239,392|244,999|
|TOTAL FUNDS||||239,392|244,999|
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|DONATIONS
AND LEGACIES|||
|---|---|---|
||31.12.20|31.12.19|
|||k|
|Donations|8,473|3,936|
|Gift aid donations|23,299|32,886|
|Income tax recoverable|5,630|5,366|
|Grants|7,440||
||44,842|42,188|
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|Grants|received,
included
in the above, are as f|ollows:||
|---|---|---|---|
|||31.12.20|31.12.19|
||||5|
|Suffolk|County Council|5,000||
|Ipswich|Borough Council|2,440||
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|Notes|to the Financial Statements - continued|to the Financial Statements - continued|to the Financial Statements - continued|to the Financial Statements - continued|||||
|---|---|---|---|---|---|---|---|---|
|for the|Year Ended 31 December 2020||||||||
|9.|STAFF COSTS||||||||
||||||||31.12.20|31.12.19|
||Wages and salaries||||||31,278|32,638|
||Social security costs||||||313|553|
||Other pension costs||||||2,400|2,400|
||||||||~33 991|~35 591|
||The average
monthly|number of|employees||during the year|was as follows:|||
||||||||31.12.20|31.12.19|
||Leader||||||1|1|
||No employees
received emoluments|||in excess off80,000.|||||
||There is one full time|employee.|||||||
|10.|COMPARATIVES
FOR THE STATEMENT||||OF FINANCIAL|ACTIVITIES|||
||||||Unrestricted||Restricted|Total|
|||||||funds|funds|funds|
||INCOME AND ENDOWMENTS||FROM||||||
||Donations
and legacies|||||41,088|1,100|42,188|
||Other income|||||14,893||14893|
||Total|||||55,981|1,100|57,081|
||EXPENDITURE ON||||||||
||Charitable
activities||||||||
||Church related costs|||||54,618|1,100|55,718|
||Giving|||||3,895||3,895|
||Total|||||58,513|1,100|59,613|
||NET INCOME/(EXPENDITURE)|||||(2,532)||(2,532)|
||RECONCILIATION
OF FUNDS||||||||
||Total funds brought|forward|||247,531|||247,531|
##
|for th|e Year Ended 31De|cember 2020|cember 2020|cember 2020||
|---|---|---|---|---|---|
|10.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES-||||
||continued|||||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||TOTAL FUNDS CARRIED FORWARD||244,999||244,999|
|11.|TANGIBLE FIXED|ASSETS||||
|||||Equipment,||
|||||fixtures||
||||Freehold|and||
||||property|fittings
f|Totals|
||COST|||||
||At 1 January 2020|and||||
||31 December 2020||291,267|14,440|305,707|
||DEPRECIATION|||||
||At 1 January 2020|and||||
||31 December 2020|||~14438|~14438|
||NET BOOK VALUE|||||
||At 31 December 2020||~291 267|2|~291 269|
||At 31 December 2019||291,267|2|291,269|
|Notes|to th
Fin
ncial Statements|- continued|||
|---|---|---|---|---|
|for the|Year Ended 31 December|2020|||
|12.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||31.12.20|31.12.19|
|||||6|
||Other debtors||2,134|3,889|
||Prepayments||2,062|1,946|
||||~4196|5,835|
|13.|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
||||31.12.20|31.12.19|
||||F||
||Bank loans and overdrafts|(see note 15)|3,960|3,960|
||Other creditors||2,641|574|
||Accrued expenses||990|~1543|
||||7,591|6077|
|14.|CREDITORS: AMOUNTS|FALLING DUE AFTER MORE THAN ONE YEAR|||
||||31.12.20|31.12.19|
|||||F|
||Bank loans (see note 15)||72,039|76,648|
|16.|LOANS||||
||An analysis ofthe maturity|of loans is given below:|||
||||31.12.20|31.12.19|
|||||F.|
||Amounts
falling due within|one year on demand:|||
||Bank loans||3,960|3,960|
||Amounts
falling due in more than five years:||||
||Repayable
by instalments:||||
||Bank loans more 5yr by instal||72,039|76,648|
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|MOVEMENT|IN FUNDS||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.1.20
f|in funds
f|31.12.20
f|
|Unrestricted|funds||||
|General fund||244,999|(5,607)|239,392|
|TOTAL FUNDS||244,999|~5,607)|239,392|
|Net movement|in funds,
included
in th|e above are as follows:|||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources
f|expended
f|in funds
f|
|Unrestricted|funds||||
|General fund||57,333|(62,940)|(5,607)|
|TOTAL FUNDS||57333|~62 940|~5607)|
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|Comparatives|for movement
in fund|s|||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.1.19|in funds|31.12.19|
|Unrestricted|funds||||
|General fund||247,531|(2,532)|244,999|
|TOTAL FUNDS||247,531|~2532|244,999|
|Compara|tive|net movement
in funds,
i|ncluded
in the above are as fol|lows:||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||E|f.|F|
|Unrestricted||funds||||
|General|fund||55,981|(58,513)|(2,532)|
|Restricted funds||||||
|SStone|||1,100|(1,100)||
|TOTAL|FUNDS||57,081|~59,613|~2,532)|
|A curren|t yea|r 12months
and pdor yea|r 12months combined
position|isas follows:||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.1.19|in funds|31.12.20|
|||||f.||
|Unrestricted||funds||||
|General|fund||247,531|(8,139)|239,392|
|TOTAL|FUNDS||247,531|~8139|~239 392|
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|in the above|are as follows:||||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
||||E||
|Unrestricted|funds||||
|General fund||113,314|(121,453)|(8,139)|
|Restricted funds|||||
|SStone||1,100|(1,100)||
|TOTALFUNDS||114,414|(1~22,553|J8,139)|
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|I swich Communi
Church|I swich Communi
Church|I swich Communi
Church|||||
|---|---|---|---|---|---|---|
|Detailed Statement ofFinancial Activities|||||||
|for the Year Ended 3'I December 2020|||||||
||||||31.12.20|31.12.19|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||||||6|F|
|INCOME AND ENDOWMENTS|||||||
|Donations and|legacies||||||
|Donations|||8,473||8,473|3,936|
|Gilt aid donations|||23,299||23,299|32,886|
|Income tax recoverable|||5,630||5,630|5,366|
|Grants|||7,440||7,440||
||||||44,842|42,188|
|Other income|||||||
|Interest received|||10||10|16|
|Rent receivable|||12,481||12,481|12,209|
|Room hire||||||2,555|
|Other income||||||113|
||||12,491||12,49'I|~14893|
|Total incoming|resources||57,333||57,333|57,081|
|EXPENDITURE|||||||
|Charitable
activities|||||||
|Wages|||31,278||31,278|32,638|
|Social security|||313||313|553|
|Pensions|||2,400||2,400|2,400|
|Building costs|||20,148||20.148|7,676|
|Rental expenses|including|interest|3,031||3,031|6,206|
|Other operating expenses|||3,490||3,490|4,312|
|Giving: General fund|||1,430||1,430|3,895|
|Giving: Restricted funds||||||~1100|
||||62,090||62,090|58,780|
|Support costs|||||||
|Governance costs|||||||
|Independent
examiner|||850||850|833|
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|for the Year Ended 31 December 20|20||||
|---|---|---|---|---|
||||31.12.20|31.12.19|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
||f||5|5|
|Total resources expended|~52 940||~62 940|~59613|
|Net (expenditure)/income|560||~5607)|2532|