## 



## 

## 

|||||
|---|---|---|---|
|CONTENTS|||Page|
|Report ofthe Trustees|||1-7|
|Report of the Independent||Examiner||
|Statement<br>of Financial|Activities|||
|Income and Expenditure||Account|10|
|Balance Sheet||||
|Notes to the Financial Statements|||12-18|





## 

## 

|Status||||A Charitable|A Charitable|Company|
|---|---|---|---|---|---|---|
|Registered||Company|number|0554 7814|||
|Incorporation||date||26 August 2005|||
|Registered||Charity number||1111647|||
|Principal||||M R Daniel|||
|Trustees||||S Badger|||
|||||R H Cary|||
|||||A S Daniel|||
|||||M R Daniel|||
|||||R A Sherlock|||
|||||P Sullivan|||
|Company|Secretary|||RHWCary|||
|Ministry office||||Dunwood<br>Oaks|||
|||||Danes Road|||
|||||Awbridge|||
|||||Romsey|||
|||||SO51 OGF|||
|Registered||office||As above|||
|Bankers||||Caf Bank Ltd|||
|||||25 Kings<br>Hill||Avenue|
|||||Kings<br>Hill|||
|||||West Mailing|||
|||||ME194TA|||
|Independent||Examiner||D M Tripp F.A.I.A.|||
|||||Tree Tops|||
|||||Richmond<br>Close|||
|||||Chandlers|Ford||
|||||Hampshire|||
|Accountants||||David Tripp|8 Co.||
|||||Tree Tops|||
|||||Richmond<br>Close|||
|||||Chandlers|Ford||
|||||Hampshire|||





## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 



## 

## 

## 

## 



## 

## 

## 

## 



## 

## 



## 

## 

## 



## 

|||Note|||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total funds|Total funds|
||||funds|funds|||
||||||E|E|
|INCOMING RESOURCES|||||||
|Incoming<br>resources from generated|funds||||||
|Voluntary<br>income||2|226,510|15,066|241,576|256,981|
|Investment<br>income||3|13,090||13,090|15,383|
|Test Valley lockdown<br>grant||3a||||25,000|
|Total incoming<br>resources|||239,600|15,066|254,666|297,364|
|RESOURCES EXPENDED|||||||
|Charitable<br>activities|||||||
|Cost of Activities||4|164,642|30,905|195,547|184,501|
|Support Costs||5|37,729||37,729|36,055|
|Governance<br>costs||6|6,670||6,670|5,163|
|Total resources expended|||209,041|30,905|239,946|225,719|
|NET INCOMINGI (OUTGOING) RESOURCES|||30,559|(15,839)|14,720|71,645|
|RECONCILIATION<br>OF FUNDS|||||||
|Total funds brought<br>forward|||1,554,942|242,426|1,797,368|1,725,723|
|TOTAL FUNDS CARRIED FORWARD|||1,585,501|226,587|1,812,088|1,797,368|





## 

|||Note|2021|2020|
|---|---|---|---|---|
|Turnover||253|241,576|256,981|
|Direct costs ofturnover||48 5|(233,276)|(220,556)|
|Gross surplus/(deficit)|||8,300|36,425|
|Governance<br>costs|||(6,670)|(5,163)|
|Operating<br>surplus/(deficit)|||1,630|31,262|
|Other income:|||||
|Rent received|||12,900|15,376|
|interest received|||190|7|
|Lockdown<br>grant received||||25,000|
|Other expenditure:|||||
|Retained surplus/(deficit)|for the financial year||14,720|71,645|





## 

||Note|||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total funds|Total funds|
|||funds|funds|||
|||E||E|E|
|FIXEDASSETS||||||
|Tangible Assets|10|1,650,266|-|1,650,266|1,659,371|
|CURRENT ASSETS||||||
|Stocks||9,000||9,000|11,874|
|Debtors||2,774||2,774|2,798|
|Cash at bank 8 in hand||173,901|23,489|197,390|172,043|
|||185,675|23,489|209,164|186,715|
|CREDITORS||||||
|Amounts<br>falling due within one year|12|47,342||47,342|48,718|
|Net Current Assets/(Liabilities)||138,333|23,489|161,822|137,997|
|TOTAL ASSETSLESSCURRENT LIABILITIES||1,788,599|23,489|1,812,088|1,797,368|
|NET ASSETS||||1,812,088|1,797,368|
|CAPITAL AND RESERVES|14|||||
|Unrestricted<br>income funds||||1,585,501|1,554,942|
|Restricted<br>income funds||||226,587|242,426|
|||||1,812,088|1,797,368|





## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

|2.VOLUNTARY|INCOME|INCOME|2021|2020|
|---|---|---|---|---|
||||F||
|Donations|||171,953|188,316|
|Orphans<br>Fund|||1,405|480|
|Gift Aid Tax Refunds|||26,543|32,145|
|Conference Fees|||300|2,490|
|Building<br>Fund|||13,661|15,351|
|Sozo Book Sales|||27,714|18,199|
||||241,576|256,981|
|3. INVESTMENT|INCOME||||
|Rent received|||12,900|15,376|
|Interest received|||190|7|
||||13,090|15,383|
|3a.OTHER INCOME:|||||
|Test Valley lockdown||grant||25,000|
|||||25,000|





## 

|Year Ended 31 Oct|o|ber|2021|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||E|E|
|4.COST OF ACTIVITIES||||||
|Wages 8 Staff Costs||||101,030|107,088|
|Social Security||||7,110|4,912|
|Conference<br>Expenses|||||1,636|
|Sozo Book Purchases||||11,468|9,553|
|Tithes||||10,698|14,167|
|Licenses|||||420|
|Rates 8 Water||||5,691|4,561|
|Light &Heat||||7,020|9,567|
|Insurance||||2,510|3,095|
|Repairs & Maintenance||||3,129|2,258|
|Telephone||||2,764|2,334|
|Motor Expenses||||1,547|1,256|
|Postage, Stationery|&Website|||5,913|7,123|
|Refreshments||||703|3,080|
|Faith School &Youth||Ministry||235|177|
|Literature||||178|167|
|Copyright||||496|480|
|Travel 8 Accommodation||||285|131|
|Depreciation<br>of Musical|||Instruments|1,776|2,090|
|Depreciation<br>of Ministry|||Equipment|2,089|2,379|
|||||164,642|176,474|
|Restricted:<br>Orphans||Expenses||2,680|2,070|
|Restricted:<br>Repairs|& Maintenance|||28,225|5,957|
|||||195,547|184,501|
|5.SUPPORT COSTS||||||
|Staff Costs||||21,555|19,096|
|Social Security||||1,193|1,486|
|Rates 8 Water||||633|507|
|Light &Heat||||781|1,064|
|Insurance||||279|344|
|Telephone||||1,843|1,557|
|Bank Charges||||470|397|
|Credit Card Commission||||38|498|
|Repairs & Maintenance||||3,484|913|
|Sundry<br>&Cleaning||||407|2,403|
|Subscriptions||||485|227|
|Depreciation<br>of Furniture|||& Fittings|6,386|7,357|
|Depreciation<br>of Motor||Vehicles||175|206|
|||||37,729|36,055|





|Year Ended|31 October 2021||||
|---|---|---|---|---|
||||2021|2020|
||||E||
|6.GOVERNANCE COSTS|||||
|Accountancy|||2,150|2,150|
|Legal 8 Professional<br>Fees|||1,520|13|
|Book-keeping|8 Administration||3,000|3,000|
||||6,670|5,163|
|7. NET INCOMING/(OUTGOING)||RESOURCES|||
|Net resources|are stated after charging/(crediting):||||
|Depreciation|-owned assets||10,426|12,032|
|Accountancy|Costs - Independent|Examination|2,150|2,150|
||||12,576|14,182|
|8.TRUSTEES' REMUNERATION||AND BENEFITS|||
|The emoluments<br>ofthe Trustees||were:|||
|Remuneration|ofTrustees||13,296|12,919|
|Remuneration|for services other|than Trustees|68,649|66,551|



## 

## 

|Wages and|Salaries||||115,834|116,086|
|---|---|---|---|---|---|---|
|Social Security Costs|||||8,303|6,398|
|Staff Healthcare|||||5,020|5,735|
|Pension<br>Contributions|||||1,731|4,363|
||||||130,888|132,582|
|No employee|received emoluments|of|over F60,000 during|the year.|||
|The average|number ofstaff employed||by the trust during|the financial year amounted|to:||
||||||2021|2020|
|Full-time|||||4|4|
|Part-time|||||1|2|





## 

## 

## 

|||||Land and|Plant and|Totals|
|---|---|---|---|---|---|---|
|||||buildings|equipment||
|||||E|E|E|
|Cost at 1 November 2020||||1,591,209|277,603|1,868,812|
|Additions<br>in year|||||1,321|1,321|
|Disposals|||||||
|Total at 31 October 2021||||1,591,209|278,924|1,870,133|
|Depreciation<br>at 1 November||2020|||209,441|209,441|
|Depreciation<br>on|disposals||||||
|Depreciation<br>for|year||||10,426|10,426|
|Total at 31 October 2021|||||219,867|219,867|
|Net Book Value|at 31 October 2021|||1,591,209|59,057|1,650,266|
|Net Book Value|at 1 November 2020|||1,591,209|68,162|1,659,371|
|The breakdown|of Land and|Buildings|is as follows:||||
|||||Freehold|Leasehold|Totals|
|||||Property|Property||
|Cost:|||||||
|At 1 November<br>2020||||1,591,209||1,591,209|
|Additions<br>in year|||||||
|Disposals<br>in year|||||||
|At 31 October 2021||||1,591,209||1,591,209|





## 

|||||2021|2020|
|---|---|---|---|---|---|
|||||F||
|11.DEBTORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|Other Debtors||||1,634|1,634|
|Prepayments||||1,140|1,164|
|||||2,774|2,798|
|12.CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||
|Taxation and Social Security||||2,731|2,197|
|Other Creditors|&Loans|||40,665|40,746|
|Accruals||||3,946|5,773|
|||||47,342|48,716|



## 

## 

|14.MO|VE|MENT<br>IN FUNDS|||||
|---|---|---|---|---|---|---|
||||At 1.11.20|Net|Transfers|At 31.10,21|
|||||movement<br>in|between||
|||||funds|funds||
||||E|E|||
|Unrestricted||income funds:|||||
|General|fund||1,242,377|15,791||1,258,168|
|Designated||funds:|||||
|Tithe|||118,090|14,768||132,858|
|Building|fund||194,475|||194,475|
||||1,554,942|30,559||1,585,501|
|Restricted||income funds:|||||
|Building|fund||237,132|(14,564)||222,568|
|Orphans|fund||5,294|(1,275)||4,019|
||||242,426|(15,839)||226,587|
|TOTAL|FUNDS||1,797,368|14,720||1,812,088|





## 

## 

|net movement|net movement|in funds,|included|in the above are as follows:||||
|---|---|---|---|---|---|---|---|
||||||Incoming|Resources|Movement<br>in|
||||||resources|expended|funds|
|Unrestricted<br>income funds:||||||||
|General|fund||||214,134|(198,343)|15,791|
|Designated<br>funds - Tithe|||||25,466|(10,698)|14,768|
||||||239,600|(209,041)|30,559|
|Restricted<br>income funds||||||||
|Building|fund||||13,661|(28,225)|(14,564)|
|Orphans|fund||||1,405|(2,680)|(1,275)|
||||||15,066|(30,905)|(15,839)|
|TOTAL|FUNDS||||254,666|(239,946)|14,720|



|Analysis of|Net Assets between<br>Restricted<br>and|Unrestricted<br>Income Funds:|||
|---|---|---|---|---|
|||||Total|
|||Tangible|Other Net||
|||Fixed Assets|Assets||
|Restricted|income funds||226,587|226,587|
|Unrestricted|income funds|1,650,266|(64,765)|1,585,501|
|||1,650,266|161,822|1,812,088|



## 

##