2020-12-31-accounts

Contents
Reference and Administrative	Information	Page 2
Directors Report		3-9
Independent Examiner'sReport	to the Members	10
Statement ofFinancial Activities		11
Balance Sheet		12
Cash Flows		13
Notes forming part ofthe Financial Statements		14-27

osts oft	hese activities and ho	w these costs have b Furni ure	een funded:
			Cafi	King's	Foodbank
		Scheme 8'000	6'000	Sports 6'000	8'000
Costs:
Salary	Costs	46	36	8	57
Other	Direct Costs	61	8	1	15
Allocated Overheads		30	20	24	11
		137	64	33	83
Funded	by:
Voluntary Gifts					35
Benefits in Kind		50
Grant income		8	9	3	48
Trading Income		52	29	3
Church	Funds	27	26	27
		137	64	33	83

Y	ear end	ed 31December	p 2020	p 2020	e
		Year ended	31December 2020		Yearended
		Unnmtncted	Restricted	Total	31December
	Notes	Funds f	Funds f	Funds f	201$ f
Income and endowments
from:
Donation and legacies Rental income Investment income	2 3 4	280,629 6,500 430	176,450 -	457,079 6,500 430	386,624 6,500 830
Charitable activities
Church events	5	87,788		87,788	158,488
Total income and endowments		375,347	176,450	551 797	552,442
Expenditure on:
Raising funds Costs ofgenerating rental income	6 6	3,111 6,047		3,111 6,047	3,527 7,055
Charitable activities Governance costs	6 6	470,151 5,056	115,187 -	585,338 5,056	638,324 6,259
Total expenditure		484365	115,187	599552	655,165
Net incomei(expenditure)	7	(109,018)	61,263	(47,755)	(102,723)
Transfer between funds		2,925	(2,925)
Net movement in funds		106,093	58338	47,755	102723
Reconciliation offunds
Funds brought forward		448,808	21,746	470,554	573,277
Total funds carried forward		342715	80084	422 799	470554

	Balance S	heet as at	31December 2020	31December 2020
			31December 2020		31December 2019
		Notes	6	5	6	6
Tangible Fixed Assets		12		505,778		604,780
Current Assets
Debtors		13	16,131		14,024
Cash at bank and	in hand		275 153		243,185
			285,284		257,209
Creditors: amounts	falling due	14	(47,157)		(44,146)
within one year
Net Current Assets				239,127		213,063
Total Assets less	Current
liabilities				744,905		817,843
Creditors: amounts	falling due after	15		(322,106)		(347,289)
one year
Net Assets				~22 799		470,554
Charity Funds
Unrestricted funds Restricted funds		17 'l7		342,715 80,084		448,808 21,746
TotalFunds				422,799		479554

					Year ended	31December	2020	Year ended
					Unrestric~	Restricted	Total	31December
					Funds	Funds	Funds	2019
				Notes	6	6	6	8
Net cash	provided
by/(used activities:	in) operating			20	18,828	58,338	77,166	35,861
Cash flows		from other
sources:
Proceeds	from sale of		fixed
assets
Application		ofcash:
Purchase offixed assets Payment ofinterest on					(5,698)		(5,698)	(12,252)
borrowing Repayment		ofborrowing			(21,202) (23,298)		(21,202) (23,298)	(23,089) (21,413)
Net decrease in cash:					(31,370)	58,338	26,968	(20,893)
Cash at the		beginning	ofthe
year					221,438	21,747	243,185	264,078
Cash at the		end ofthe year			190,068	80085	270,153	243 185

	Year ended	31December	2020	Yearended
	Unrestricted	Restricted	Total	31December
	Funds 8	Funds 8	Funds 6	2019f
Gifts and donations Legacies	203,408	82,156	285,564	298,350
Grants (see note 17)	27,000	94,294	121,294	8.700
Gifts in kind	50221		50221	79574
	280,629	176450	457079	386624
Year ended 31
December 2019	335,507	51,117	386,624

Rental income
	Year ended	31December	2020	Year ended
	Unrestricted	Restricted	Total	31December
Letting ofoffice facilities	Funds 8 6,500	Funds 8	Funds 8 6,500	2019 8 6,500
	6500		6500	6500
Year ended 31
December 2019	6,500		6,500

nvestment income
	Year ended	31December	2020	Year ended
	Unrestricted	Restricted	Total	31December
Bank interest receivable	Funds 8 430	Funds 8	Funds 8 430	2019f 830
	430		430	830
Year ended 31
December 2019	830		830

Income from charit	able a	ctivities —church	events	events
		Year ended	31December 2020		Year ended
		Unrestricted	Restricted	Total	31December
Reimbursements Youth Activities Events and Training Furniture Scheme Cafa Income King's Sports Other Income	for:	Funds 8 579 1,107 52,312 29,475 3,353 962	Funds 8 - -	Funds 5 579 1,107 52,312 29,475 3,353 962	2019 8 2,375 9,564 82,949 46,103 14,849 2648
		87,788		87,788	158488
Year ended 31
December 2019		158,488		158,488

			Yea	r ended 31	Decemb	er 2020
	C0
	ld Cd0 dt 0 N NN CI	dl ddC IL IS C N IX	dl E0VC dl Ce	C 1d E O		C IL'0 N N IX		u dl Cl~ NI ~ddo 'C dd dl'o CeI ld
				F		5	8	E
Church Meetings External Events Evangelism &Training Youth/Children's Work Grants to	Direct Direct Direct Direct			4,582 1,159 199			4,582 1,159 199	14,164 2,321 6,021 3,777
Organisations Grants to Individuals Independent	Direct Direct			18,728 1,236			18,728 1,236	22,817 7,669
Examiners Fees Furniture Recycled Care Foodbank King's Sports	Direct Direct Direct Direct Direct			60,849 7,870 26	1,945	15,432 1,033	1,945 60,849 7,870 15,432 1,059	2,732 97,891 11,713 2,354 589
Stalf Costs Premises Costs Administration Costs Interest on Finance Lease	Time Usage Time Usage	2,580 531	1,290 3,856 265 636	94,649 205,079 124,650 25,207 20,566	1,945 2,580 531	16,465 98,722	113,059 310,251 128,506 26,534 21,202	172,048 275,912 153,325 30,793 23,087
		3,111	6047	470,151	5,056	115187	599,552	655,165
Year ended 31
December 2019		3,527	7,055	590,465	6,259	47,859	655,165

	C0
	~C o Ol III ln	e o u. CI Ce Is IL	eEoQC Cl ne tx	x' E O	ots		NI0 I
			8
Church Meetings External Events Evangelism &Training Youth/Children's Work Grants to Organisations	Direct Direct Direct Direct Direct			14,164 2,321 6,021 3,773		4	14,164 2,321 6,021 3,777
Grants to Individuals Independent Examiners	Direct			18,884 6,319		3,933 1,350	22,817 7,669
Fees Furniture Recycled Care Foodbank King's Sports	Direct Direct Direct Direct Direct			97,653 11,713 589	2,732	238 2,354	2,732 97,891 11,713 2,354 589
Staff Costs Premises Costs Administration Costs Interest on Finance Lease	Time Usage Time Usage	2,911 616	1,455 4,600 307 693	161,437 228,655 148,725 29,254 22 394	2,732 2,911 616	7,879 39,980	172,048 275,912 153,325 30,793 23,087
		3527	7055	590,465	6259	47,859	655,165

he average number ofemployee quivalents was as follows:	s during the year, calculated	on the basis offull-time
	Yearended	Yearended
	31December 2020	31December 201$
Church Elder	1.0	1.8
Church Administrator	1.0	1.0
Pastoral Worker	2.8	2.0
Youth Worker	0.3	0.3
Furniture Scheme Worker	3.0	2.0
Cafe Worker	2.5	2.5
Cleaner	1.0	1.0
Foodbank Staff	2.5	2.5
King's Sports	1.0	0.7
	15.1	13.8

	'clc —co	e S 8 E E u 'B g Og	ee9 e I00R	'o 0 eeee	'o 0 eeee
Cost
At 1 January 2020 Additions Disposals	52,710 1,844	64,249 1,174	34,029	1,107,665 2,680		500,000 -	1,758,653 5,698
At 31 December 2020	54,554	65,423	34,029	1,110,345		500,000	1,764,351
Depreciation
At 1 January 2020 Charge for the year	42,970 2,475	57,102 2,341	23,711 2,580	755,090 77,304		275,000 20,000	1,153,873 104,700
Disposals
At 31 December 2020	45,445	59,443	26,291	832,394		295,000	1,258,573
Net BookValue
At 31December 2020	9,109	5,980	7,738	277,951		205,000	505,778
At 31 December 2019	9,740	7,147	10,318	352,575		225,000	604,780
e net book value ofassets	held under	finance lease amounted		to5205,000(2019:6225,000).
Debtors
		31December 2020			31December		2019
			8
Other debtors			7,779			4,184
Prepayments			8,352			9,840
			16,131			14,024
Creditors: Amounts	Falling Due Within One Year
		31December 2020			31December		2019
						8
Trade creditors Taxation and social Accruals Finance lease	security		9,432 8,142 4,400 25,183			7,945 7,615 5,288 23298
			47,157			44,146

Year ended 31December 2020
	Unrestricted	Restricted	Total
	Funds	Funds	Funds
	8	8	8
Fixed assets	505,778		505,778
Current assets	206,200	80,084	286,284
Current liabilities	(47,157)		(47,157)
Long-term liabilities	322,106		322 106
Net assets at 31 December 2020	342 715	80,084	422 799
Year ended 31December 2019
	Unrestricted	Restricted	Total
	Funds 8	Funds 8	Funds f
Fixed assets	604,780		604,780
Current assets	235,463	21,746	257,209
Current liabilities Long-term liabilities	(44,146) 347,289		(44,146) 347 289
Net assets at 31 December 2019	448 808	21,746	470554

		N v e4 eSL S4 e C e	DC «e e4 V D 's C lO «act e 4 C IL	lOD 4 C e u X gee lO	la 18C IS	e C U Ylai-
		I	I	~e i	L
			8	8	5	8
As at 1 January 2019		545,638	12,521	4,184	10,934	573277
Incoming	Resources	501,325	42,417		8,700	552,442
Outgoing Resources Transfer between funds Asat1 January2020		(607,306) 9,151 448,808	(46,268) 8,670	(1,350) 2,834	(241) 9,151 10,242	(655,165) 470,554
Incoming	Resources	375,347	82,156	-	94,294	551,797
Outgoing Transfer	Resources between funds	(484,365) 2,925	(44,553)	-	(70,634) 2 925	(599,552)
As at31	December 2020	342,715	46,273	2,834	30977	422 799

~pa able		31December 2020	31December 2020	31December	31December	31December	2019
			6				8
Not later than one year			491				491
Later than one and not later than
five years			860			1,351
Later than five years
			1,351			1,842
Share capital
The company does not have a share capital. member at that time is required to contribute E'1.			In the event of a winding			up,	every
Reconciliation ofnet expenditure		to net cash	flow from operating		activities
		Year ended 31December		2020			Year
							ended
		Unrestricted	Restricted		Total		31
		Funds	Funds		Funds	December
		8	6				2019f
Net (expenditure)/income Depreciation charges		(106,093) 104,700	58,338	(47,755) 104,700			(102,723) 113,530
Interest charge Loss on disposal offixed assets		21,202			21,202		23,087
Decrease/(increase) in debtors Decrease in creditors		(2,107) 1,126			(2,107) 1,126		236 1,731
Net cash provided/(used	in)	18,828	58,338	77,166			35,861
operating activities
Year ended 31 December 2019		41,753	(5,892)		35,861