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|Contents||
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||Page|
|Reference and Administrative
Information|2|
|Directors Report|3-9|
|Independent
Examiner's
Report to the Members|10|
|Statement ofFinancial Activities|11|
|Balance Sheet|12|
|Cash Flows|13|
|Notes forming part ofthe Financial Statements|14-27|
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||Furniture|Cafe|King's|Foodbank|
|---|---|---|---|---|
||Scheme
6'000|6'000|Sports
6'000|6'000|
|Costs:|||||
|Salary Costs|49|33||70|
|Other Direct Costs|75|7||28|
|Allocated Overheads|36|24||12|
||160|64||110|
|Funded by:|||||
|Voluntary
Gifts||||58|
|Benefits in Kind|64||||
|Grant income|8|6||15|
|Trading Income|66|29|||
|Church
Funds|22|29||37|
||160|64||110|
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|Y|ear ende|d 31December|
2021|
2021||
|---|---|---|---|---|---|
|||Year ended|31 December 2021||Year ended|
|||Unrestricted|Restricted|Total|31December|
|||Funds|Funds|Funds|2020|
||Notes|8|8|8|R|
|Income and endowments||||||
|from:||||||
|Donation and legacies|2|329,620|87,664|417,284|457,079|
|Rental income|3|8,000|-|8,000|6,500|
|Investment
income|4||||430|
|Charitable
activities||||||
|Church events||98,108||98,108|87,788|
|Total income and endowments||435,728|87,664|523,392|551,797|
|Expenditure
on:||||||
|Raising funds|6|3,378||3,378|3,111|
|Costs ofgenerating
rental|6|7,144||7,144|6,047|
|income||||||
|Charitable
activities|6|538,447|108,503|646,950|585,338|
|Governance costs|6|5,538||5,538|5,056|
|Total expenditure||554,507|108,503|663,010|599,552|
|Net income/(expenditure)|7|(118,779)|(20,839)|(139,618)|(47,755)|
|Transfer between funds||||||
|Net movement
in funds||118,779|20,839|139,618|47,755|
|Reconciliation offunds||||||
|Funds brought forward||342,715|80,084|422,799|470,554|
|Total funds carried forward||223,936|59,245|283,181|422,799|
||||King's|Church|Darlington||||
|---|---|---|---|---|---|---|---|---|
|||Balance Sheet as at|||31December|2021|||
||||||31December 2021||31December 2020||
|||||Notes||8|6|8|
|Tangible Fixed Assets||||12||426,293||505,778|
|Current Assets|||||||||
|Debtors||||13|12,894||16,131||
|Cash at bank and|in hand||||187,632||270,153||
||||||200,526||286,284||
|Creditors: amounts|falling|due||14|(48,599)||(47,157)||
|within one year|||||||||
|Net Current Assets||||||151527||239,127|
|Total Assebr less|Current||||||||
|liabilities||||||578,220||744,905|
|Creditors: amounts|falling|due|alter|15||(295,039)||(322,106)|
|one year|||||||||
|Net Assets||||||283,181||422,799|
|Charity Funds|||||||||
|Unrestricted
funds||||17||223,936||342,715|
|Restricted
funds||||17||59,245||80,084|
|Total Funds||||||283,181||422,799|
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||||||Year ended|31 December|2021|Yearended|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|31 December|
||||||Funds|Funds|Funds|2020|
|||||Notes|6|8|8|8|
|Net cash|provided||||||||
|by/(used|in) operating|||20|7,912|(20,839)|(12,927)|77,166|
|activities:|||||||||
|Cash flows||from other|||||||
|sources:|||||||||
|Proceeds|from sale of||fixed||||||
|assets|||||||||
|Application||ofcash:|||||||
|Purchase|offixed assets||||(25,094)||(25,094)|(5,698)|
|Payment of||interest on|||||||
|borrowing|||||(19,317)||(19,317)|(21,202)|
|Repayment||ofborrowing|||(25,183)||(25,183)|(23,298)|
|Net decrease
in cash:|||||(61,682)|(20,839)|(82,521)|26,948|
|Cash at the||beginning|ofthe||||||
|year|||||190,068|80,085|270,153|243,185|
|Cash atthe||end ofthe year|||128,386|59,246|187632|270 153|
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|Rental inco|me|||||
|---|---|---|---|---|---|
|||Year ended|31 December|2021|Year ended|
|||Unrestricted|Restricted|Total|31December|
|||Funds
f|Funds
8|Funds
8|2020
8|
|Letting ofoffice facilities||8,000||8,000|6,500|
|||8,000||8000|6,500|
|Year ended 31||||||
|December|2020|6,500||6,500||
|nvestment|income|||||
|||Year ended|31 December|2021|Year ended|
|||Unrestricted|Restricted|Total|31 December|
|||Funds|Funds|Funds|2020|
|||8|8|8|8|
|Bank interest receivable|||||430|
||||||430|
|Year ended 31||||||
|December|2020|430||430||
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|ncome from charita|ble activities —chu|rch events|||
|---|---|---|---|---|
||Year ended|31December|2021|Yearended|
||Unrestricted|Restricted|Total|31 December|
||Funds|Funds|Funds|2020|
|Reimbursements|8||8|8|
|for:|||||
|Youth Activities|210||210|579|
|Events and|885||885|1,107|
|Training|||||
|Furniture
Scheme|65,996||65,996|52,312|
|Cafe Income|29,256||29,256|29,475|
|King's Sports|1,605||1,605|3,353|
|Other Income|156||156|962|
||98,108||98,108|87788|
|Year ended 31|||||
|December 2020|87,788||87,788||
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|||||Year|ended 31|Decembe|r 2021|||
|---|---|---|---|---|---|---|---|---|---|
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|Church Meetings||Direct|||7,633|||7,633|4,582|
|External Events||Direct|||1,389|||1,389||
|Evangelism
&|Training|Direct|||4,463|||4,463|1,159|
|Youth/Children's|Work|Direct|||2,585|||2,585|199|
|Grants to||||||||||
|Organisations||Direct|||15,335|||15,335|18,728|
|Grants to Individuals||Direct|||2,958|||2,958|1,236|
|Independent||||||||||
|Examiners Fees||Direct||||2,160||2,180|1,945|
|Furniture
Recycled||Direct|||74,902||625|75,527|60,849|
|Cafe||Direct|||6,868|||6,868|7,870|
|Foodbank||Direct|||||28,347|28,347|15,432|
|King's Sports||Direct|||||||1,059|
||||||116,133|2,180|28,972|147,265|113,059|
|Staff Costs||Time|2,934|1,467|224,873|2,934|79,531|311,739|310,25'I|
|Premises Costs||Usage||4,876|157,655|||162,531|128,506|
|Administration|Costs|Time|444|221|21,048|444||22,157|26,534|
|Interest
on|Finance|Usage||580|18,738|||19,318|21,202|
|Lease||||||||||
||||3,378|7,144|538,447|5,538|108,503|663,010|599,552|
|Year ended 31||||||||||
|December 2020|||3,111|6,047|470,151|5,056|115,187|599,552||
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|||||Yea|r Ended 31D|ecember|2020||
|---|---|---|---|---|---|---|---|---|
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|Church
Meetings||Direct|||4,582|||4,582|
|External Events||Direct|||||||
|Evangelism
&|Training|Direct|||1,159|||'I,159|
|Youth/Children's|Work|Direct|||199|||199|
|Grants to Organisaticns||Direct|||||||
||||||18,728|||18,728|
|Grants to Individuals||Direct|||1,236|||1,236|
|Independent
Examiners|||||||||
|Fees||Direct||||1,945||1,945|
|Furniture
Recycled||Direct|||60,849|||60,849|
|Oaf&||Direct|||7,870|||7,870|
|Foodbank||Direct|||||15,432|15,432|
|King's Sports||Direct|||26||1,033|1,059|
||||||94,649|1,945|16,465|113,059|
|Staff Costs||Time|2,580|1,290|205,079|2,580|98,722|310,251|
|Premises Costs||Usage||3,856|124,650|||128,506|
|Administration|Costs|Time|531|265|25,207|531||26,534|
|Interest on Finance Lease||Usage||636|20,566|||21,202|
||||3111|6047|470 151|5,056|115,187|599,552|
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|ming
part ofthe Financial S
taffcosts
taff costs were as follows:|tatements
for the Year ended|31December 2021|
|---|---|---|
||Year ended|Year ended|
||31 December 2021|31December 2020|
|Salaries and wages|277,228|275,249|
|Social security costs|19,130|18,270|
|Pension costs|17,476|14928|
||313834|308,447|
|||Year ended|Yearended|
|---|---|---|---|
|||31 December 2021|31 December 2020|
|Church|Elder|2.4|1.0|
|Church|Administrator|1.0|1.0|
|Pastoral|Worker|1.0|2.8|
|Youth Worker||0.2|0.3|
|Furniture|Scheme Worker|2.7|3.0|
|Cafe Worker||2.3|2.5|
|Cleaner||1.0|1.0|
|Foodbank Staff||4.2|2.5|
|King's Sports|||1.0|
|||14.8|15.1|
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|Cost|||||||
|At 1 January 2021|54,554|65,423|34,029|1,110,345|500,000|1,764,351|
|Additions|384|6,060||18,650|-|25,094|
|Disposals||385||3,565||3950|
|At 31 December 2021|54,938|71,098|34,029|1,125,430|500,000|1,785,495|
|Depreciation|||||||
|At 1 January 2021|45,445|59,443|26,291|832,394|295,000|1,258,573|
|Charge for the year|2,302|3,276|1,935|76,311|20,000|103,824|
|Disposals||350||2,845|-|3195|
|At 31 December 2021|47,747|62,369|28,226|905,860|315,000|1,359,202|
|Net BookValue|||||||
|At 31 December 2021|7,191|8,729|5,803|219,570|185,000|426,293|
|At 31 December 2020|9,109|5,980|7,738|277,951|205,000|505,778|
|Debtors|||
|---|---|---|
||31 December 2021|31 December 2020|
|||8|
|Other debtors|4,733|7,779|
|Prepayments|8,161|8,352|
||12,894|16,131|
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|reditors: Amounts
falling due|within one year||
|---|---|---|
||31 December 2021|31 December 2020|
||6||
|Trade creditors|7,056|9,432|
|Taxation and social security|9,621|8,142|
|Accruals|4,855|4,400|
|Finance lease|27067|25,183|
||48,599|47 157|
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|||31|December
f|2021|31|December
8|2020|
|---|---|---|---|---|---|---|---|
|Finance|lease||295,039|||322,106||
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|nalysis ofnet assets between fu
ear ended 31DecemBer 2021|nds|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||Funds|Funds|Funds|
||8|8|8|
|Fixed assets|426,293||426,293|
|Current assets|141,281|59,245|200,526|
|Current
liabilities|(48,599)||(48,599)|
|Long-term
liabilities|295,039||295039|
|Net assets at 31 December 2021|223936|59245|283 181|
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|ear ended 31 December 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|
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|||8|8|6||8|8|
|As at 1 January 2019||545,638|12,521|4,184||10,934|573,277|
|Incoming|Resources|501,325|42,417|||8,700|552,442|
|Outgoing|Resources|(607,306)|(46,268)|(1,350)||(241)|(655,165)|
|Transfer|between funds|9,151||||9,151||
|As at 1 January 2020||448,808|8,670|2,834||10,242|470,554|
|Incoming|Resources|375,347|82,156||-|95,294|551,797|
|Outgoing|Resources|(484,365)|(44,553)||-|(70,634)|(599,552)|
|Transfer|between funds|2,925||||2925||
|As at 31|December 2020|342 715|46273|2834||30,977|422799|
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|~pa able|31 Deceinber 2021|31December 2020|
|---|---|---|
||6|6|
|Not later than one year|491|491|
|Later than one and not later than|||
|five years|369|860|
|Later than five years|||
||860|1,351|
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||||Year ended|31 December|2021|Year|
|---|---|---|---|---|---|---|
|||||||ended|
||||Unrestricted|Restricted|Total|31|
||||Funds|Funds|Funds|December|
|||||||2020|
|||||6|6|6|
|Net (expenditure)/income|||(118,779)|(20,839)|(139,618)|(47,755)|
|Depreciation
charges|||103,824||103,824|104,700|
|Interest charge|||19.317||19.317|21,202|
|Loss on disposal offixed assets|||755||755||
|Decrease/(increase)|in debtors||3,237||3,237|(2,107)|
|(Increase)/decrease|in creditors||(442)||(442)|1,126|
|Net cash provided/(used||in)|7,912|(20,839)|(12,927)|77,166|
|operating
activities|||||||
|Year ended 31 December 2020|||18,828|58,338|77,166||