2021-03-31-accounts - St Mary's Indian Orthodox Church

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			~Pa e
Report of the Trustees			1 to 2
Independent Examiner's Report
Statement of financial	Activities
Balance Sheet
Notes to the Financial	Statements		6 to 8
Detailed Statement of	Financial	Activities	9 to 10

	For the Period 1 A	rll 2020 t 31	March 2021
					2021	2020
		Unrestricted	~Restrt	d	Total	Total
		~Fun	Fund
	Notes	tEE	jE)
INCOMING RESOURCES
Incoming resources from generated	funds
Voluntary Income		57,804	17,005		74,810	82,353
Activities for generating funds		772			772	4,703
Other incoming resources		369			369	266
Total Incoming resources		68,946	17,006		76,961	87,322
RESOURCES EXPENDED
Costs of Generating Funds
Charitable Expenditure		25,713			25,713	48,775
Fundraising Expenses		10			10	80
Governance Cost		13,004	1,507		14,611	12,134
Other Resources expended		2,899			2,899	3,433
		41,828	1,507		43,233	64,421
NET INCOMING RESOURCES BEFORE TRANSFERS		17,319	15,398		32,718	22,901
Gross transfer between funds
Net Incoming resources		17319	16	398	32,718	22 901
RECONCILIATION OF FUNDS
Total funds brought forward		479,028	9,807		488,836	466,934
TOTAL FUNDS CARRIED FORWARD		496,347	26,206		621,663	488,836

		At	31	March 2	021
								2021	2020
				Unrestricted		~Restr	ted	Total	Total
				Fund		Fund
		Notes		~S		K!
FIXEDASSETS
Tangible Assets			4	548,957				548,957	543,353
CURRENT ASSETS
Debtors			5
Cash at bank and	in Hand			2	22		5 0	23912	12ceo
				23,422			570	23,992	12,890
CREDITORS
Amounts falling due within one year			5	(16,143)				(15,143)	(15,143)
NET CURRENT ASSETSI(LIABILITIES)				7,279			670	7,849	3,263)
TOTAL ASSETS LESSCURRENT LIABILITIES				666,236			sro	sss,sor	640,«0
CREDITORS
Amounts falling due aRer more than one year			7	35,253				35,253	51,275
NET ASSETS				620	983		670	621 663	488 836
FUNDS
Unrestricted Funds								496,347	479,028
Restricted Funds								26,206	9,807
TOTAL FUNDS								821,663	488,838

Depreciation is provided at the follo useful life.	wing annual rates in order to writ	e off each as
Plant & Machinery	- 1596on reducing	balance basis
Fixtures and Fittings	-15%on reducing	balance basis
Computer equipment	-25%on reducing	balance basis
Freehold property	-Not Provided

										2021		2020
												6
Bank Loans and Overdrafts										13,333		13,333
Loan from Members		and others
Other Creditors										2,810		2,810
Accrued Expenses										16,143		16,143
7.CREDITORS; AMOUNTS			FALLING DUE			AFTER	MORE	THAN ONE	YEAR
										2021		2020
										6
HSBC Mortgage										35,253		51,275
Amounts falliing	due	in more	than	five years
Repayable by instalments
Total										35,253		51,275
8.SECURED DEBTS
Following secured debts are included					within	Creditors
										2021		2020
										6		6
Bank Loans										48,586		64,608
The HSBC Mortgage		is fully secured			by first	legal right over		the freehold		property	at	1BBank Road
Piling, Bristol.
9.MOVEMENT	IN FUNDS
								Net		Transfers
								Movement		between		At
						At 1.4.2020		in Funds		Funds		31.03.2021
						f		6		6		6
Unrestricted Funds
General Fund						. 479,028		17,319				496,347
Restricted Funds
Church Building/	Buying Fund						450					450
Mortgage Repayments						9,357		15,398		-		24,755
						9,807		15,398			0	25,205
TOTAL FUNDS						488,835		32,718				521,553
Net movement	in Funds, included			in	above	are as follows
								Incoming	Resources			Movement in
								Resource	Expended.			Funds
								6		6		6
Unrestricted Funds
General Fund								58,946	-	41,626		17,319
Restricted Funds
Church Building/	Buying Fund
Mortgage Repayments								17,005	-	1,607		15,398
								17,005		1,607		15,398
TOTAL FUNDS								75,951		(43,233)		32,718


I0corgjriR5~su rce
Voluntary Income
Gift Aid					16,539	16,574
Subscription					21,200	21,478
Donations					7,788	8,398
Offertory					3,843	13,828
Cathoficate/Recense/Seminary/Mission				Sunday	248	410
Charity					2,114
Vacation Sible Study						960
Sunday School					480	690
Sunday School Sponsorshlps						175
MGOCSM					1,670
Diocese- Moms+Amoss		Conf			3,860	2,835
Diocese Day					62	75
Special Cofiectlon - Mortgage			Repayment		17,005	15,935
Youth Fund Cofiecfion						1,201
					74,810	82,353
Activities for Generating		Funds
Harvest Festival					722	3,401
Fund Raising Events					50	1 302
					772	4,703
Other incoming Resources
Rents Received
In co min Res our					75,951	87,322
/your ~sEx e~nde
Charitable Expendeturee
Vicar Allowances					13,200	13,200
Visiting Bishops & Priest					800	3,700
Church Consumables					138	598
Passion Week						1,602
Refreshments					142	4,335
Sunday School Expenses					824	3,427
Sunday School Annual	Meeting					2,694
Perunnal Expenses					283	2,337
Christmas & Newyear						3,099
Charity					2,440	538
Cathoficate/Seminary/Mission			Sunday		450	450
Diocese Day/ Fixed Contribution					150	150
Travelling					1,200	1,200
Diocese- Mome +Amass		Conf				1,598
Vacation Sible Study						2,491
Gifts 8 Presentactlons					531	5,732
MOMS					3,920
MGOCSM					1,835	27
Youth Camp					25,713	1 698
Fund Raising Expenses
Fund Raising Expenses					10	80

lied S	tate FlnanclalAc v f rthe	Perte A r02020to3 r h 20210 n	tnued
			2020
Governance Cost
Rates and Water		98		142
Insurance		2,504		2,528
Light and Heat Telephone Prlntlng, StaUoneOr and Post Cleaning end Sundries Property Repairs end Maintenance General Repairs snd Maintenance		2,332 480 303 648 3,091 473		2,777 435 792 148 323 1,593
Webslte Expenses Accountancy		950 240		300
Legal & Professional Expenses Health and Safety Expenses		1,552 356		550 30
Sank Charges Mortgage Interest and	Charges	1 607 14,811		2 616 12,134
Depreclatlon
Plant and Machinery		83		98
Fixtures and Flttlngs		2,878		3,151
Computer Equipments		138		184 3,433
Total Resources Expended				64,421
lfet Income		32,718		22,901