2020-10-31-accounts - Kristos Media

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		Page
Report ofthe Trustees and Directors	1	to	3
Independent Examiner's Report
Statement ofFinancial Activities
Statement ofFinancial Position
Statement ofCash Flows
Notes to the Statement ofCash Flows
Notes to the Financial Statements	9	to	15
Detailed Statement ofFinancial Activities		16

					2020	2019
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes			8
INCOME AND ENDOWMENTS FROM
Donations and legacies		2	384,437		384,437	34,631
Charitable activities
Porticus UK				68,000	68,000
Other income			~130000		~130000
Total			514,437	68,000	582,437	34,631
EXPENDITURE ON
Charitable activities
Unrestricted funds Porticus UK			122,688	22,926	122,688 22,926	46,723
Total			122,688	22,926	145,614	46,723
NET INCOME/(EXPENDITURE)			391,749	45,074	436,823	(12,092)
Transfers between funds		12	56	~56)
Net movement in funds			391,805	45,018	436,823	(12,092)
RECONCILIATION	OF FUNDS
Total funds brought forward			(18,794)	56	(18,738)	(6,646)
TOTAL FUNDS CARRIED FORWARD			373011	45 074	418,085	~18,738)

STATEME	NT OFFINANCIAL PO 31October 2020	SITION
		2020	2019
	Notes
FIXEDASSETS
Investments
CURRENT ASSETS
Debtors		7/165	7,865
Prepayments and accrued income		18,004
Cash at bank		~399 048	]12,336
		424,917	120,201
CREDITORS
Amounts falling due within one year		(63!33)	(138,940)
NET CURRENT ASSETS/(LIABILITIES)		418,084	~(18,739
TOTAL ASSETSLESSCURRENT
LIABILITIES		4]8,085	(18,738)
NET ASSETS/(LIABILITIES)		~418 085	(18,738)
FUNDS	12
Unrestricted funds Restricted funds		373,011 45,074	(18,794) 56
TOTAL FUNDS		418,085	~18,738)

		fo	r the Year Ended 31	October 2020
				2020	2019
			Notes
Cash flows from operating	activities
Cash generated &om operations			1	286,773	~3713)
Net cash provided by/(used	in) operating		activities	286,773	~3713)
Change in cash and cash equivalents		in
the reporting period Cash and cash equivalents	at the			286,773	(3,713)
beginning ofthe reporting	period		2	112275	115988
Cash and cash equivalents	at the end	of
the reporting period				399048	112275

for the Year Ended 31October	for the Year Ended 31October	for the Year Ended 31October	2020
RECONCILIATION OFNET INCOME/(EXPENDITURE)			TO NET CASH	FLOW FROM
OPERATING ACTIVITIES
				2020	2019
Net income/(expenditure) for the reporting	period (asper the
Statement ofFinancial Activities) Adjustments for:				436,823	(12,092)
Increase in debtors				(18,004)	(500)
(Decrease)/increase in creditors				(132,046)	8,879
Net cash provided by/(used in) operations				286,773	~3,713)
ANALYSIS OF CASH AND CASH EQUIVALENTS
				2020	2019
Notice deposits (less than 3months) Overdrafts included in bank loans and overdrafls		falling due within one year		399,048	112,336 ~61)
Total cash and cash equivalents				399,048	~112275
ANALYSIS OF CHANGES IN NET FUNDS
			At 1/11/19	Cash flow	At 31/10/20
				8
Net cash
Cash at bank Bank overdrafl			112,336 ~61	286,712 61	399,048
			~112275	286 773	399,048
Total			112275	286,773	399,048

event ofawindi	ng up is limited tof10.
DONATIONS	AND LEGACIES
		2020	2019
Donations Gift aid		309,437 75,000	34,631
		384,437	34631
INCOME FROM CHARITABLE ACTIVITIES
		2020	2019
	Activity
Grants	Porticus UK	~68 000
Grants received,	included in the above, are as follows:
		2020	2019
Pordcus		~68000

				Grant
				funding of
				activities
			Direct	(see note
			Costs	5)	Totals
			f.
Unrestricted	funds		54,688	68,000	122,688
Pordcus UK			22,926		22,926
			77614	68,000	145614
GRANTS PAYABLE
				2020	2019
				f,
Unrestricted	funds			68,000
The total grants paid to institutions		during the year was as follows:
				2020I	2019 I
Youth 2000				68,000

	Subsidiary		Principal					Direct	I
			Activity			Holding	Indirect Holding
	Kristos Media Trading Limited		Dormant			100		Direct
	DEBTORS:AMOUNTS	FALLING DUE WITHIN		ONE YEAR
							2020		2019
									f.
	Amounts owed by group undertakings						7,865		7,865
9.	CREDITORS: AMOUNTS FALLING DUE WITHIN				ONE YEAR
							2020		2019
	Bank loans and overdrafts	(see note	10)						61
	Other creditors							130,000
	Accruals and deferred income						6,833		8 879
							6,833	138940
10.	LOANS
	An analysis ofthe maturity	ofloans is given below:
							2020		2019
	Amounts falling due within one year		on demand:
	Bank overdrafts
11.	ANALYSIS OF NET ASSETSBETWEEN FUNDS
							2020		2019
			Unrestricted			Restricted	Total		Total
			fund g			funds I	funds		funds
	Investments				1		1		1
	Current assets Cunent liabilities		379,843 ~6,833)			45,074	424,917 ~6833)	120,201 ~138940)
			373,011			45,074	418,085	18,738

MOVEMEN	T IN FUNDS
				Net	Transfers
			At	movement	between	At
			1/11/19	in funds	funds	31/10/20
Unrestricted	funds
General fund			(18,794)	391,749	56	373,011
Restricted funds
Parish website project Porticos UK			56	45,074	(56)	45,074
			56	45,074	~56	45 074
TOTAL FUNDS			~18738)	436,823		418,085
Net movement	in funds, included		in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted	funds
General fund				514,437	(122,688)	391,749
Restricted funds
Porticus UK				68,000	(22,926)	45,074
TOTAL FUNDS				~582437	(145,614)	436,823
Comparatives	for movement	in	funds
					Net
				At	movement	At
				1/11/18	in funds	31/10/19
Unrestricted	funds
General fund				(6,702)	(12,092)	(18,794)
Restricted funds
Parish website	project			56		56
TOTAL FUNDS				~6,646)	~12,092	~18,738