| CONTENTS: | CONTENTS: | PAGE: | ||||
|---|---|---|---|---|---|---|
| Trustees Annual | Report | 1-3 | ||||
| Independent | Examiners | Report | ||||
| Statement of | Financial | Activities | ||||
| Balance Sheet | ||||||
| Statement of | Cash Flows | |||||
| Notes to the Financial | Statements | 8-10 | ||||
| TRUSTEES: | Mark Baines | |||||
| Sherryll Anne | Baines | |||||
| Roger Bostock | ||||||
| Paul Howarth | ||||||
| PRINCIPAL | ADDRESS: | Arbor Grange | ||||
| Babraham Road |
||||||
| Cambridge | ||||||
| CB22 3AY | ||||||
| CHARITY MB/EER: | 1114208 | |||||
| INDEPENDENT | EXAMINER: | Ian W Shipley | FCCA | |||
| For and on behalf of: | ||||||
| Prentis &Co LLP | ||||||
| Chartered Accountants |
||||||
| &Independent | Examiners | |||||
| 115cMilton Road | ||||||
| Cambridge | ||||||
| CB4 1XE |
| INCOME AND EXPENDITURE ACCOUNT | INCOME AND EXPENDITURE ACCOUNT | INCOME AND EXPENDITURE ACCOUNT | ||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2021 | 2020 | 2020 | |||||
| Notes | Unrestricted | Restricted | 2021 | Unrestricted | Restricted | 2020 | ||
| Funds | Funds | Total | Funds | Funds | Total | |||
| E | ||||||||
| INCOME | ||||||||
| Income from generated | funds: | |||||||
| Voluntary Income: |
||||||||
| Donations and offerings |
160327 | 160327 | 173256 | 173256 | ||||
| Total Income | 160327 | 160327 | 173256 | 173256 | ||||
| EXPENDITURE | ||||||||
| Costs ofraising funds: | ||||||||
| Conference hosting | 83 | 83 | 1267 | 1267 | ||||
| Charitable activities: |
||||||||
| Travel and motor | 1752 | 1752 | 4273 | 4273 | ||||
| Refreshments and food |
168 | 168 | 2800 | 2800 | ||||
| Pastoral and Ministry costs | 86726 | 86726 | 103212 | 103212 | ||||
| Rent | 12526 | 12526 | 27073 | 27073 | ||||
| Light and heat | 820 | 820 | 1390 | 1390 | ||||
| Insurance | 1087 | 1087 | 1099 | 1099 | ||||
| Network cost | 3319 | 3319 | 3998 | 3998 | ||||
| Web design and hosting | 2221 | 2221 | 1985 | 1985 | ||||
| Mission costs and gifts | 3380 | 3380 | 4175 | 4175 | ||||
| Youth camp | 42 | 42 | 240 | 240 | ||||
| Telephone | 1037 | 1037 | 670 | 670 | ||||
| Printing, stationery |
and | advertising | 760 | 760 | 188 | 188 | ||
| Kids Work costs | 45 | 45 | 296 | 296 | ||||
| Other | 718 | 718 | 862 | 862 | ||||
| Legal and professional | 1172 | 1172 | 1624 | 1624 | ||||
| Speakers gifts and subsistence | 90 | 90 | 1870 | 1870 | ||||
| Publicity, flyers and |
outreach | 1199 | 1199 | 1065 | 1065 | |||
| Conferences/training | 588 | 588 | 2278 | 2278 | ||||
| Resource/sundry expenses |
934 | 934 | 760 | 760 | ||||
| Repairs | 545 | 545 | 1005 | 1005 | ||||
| Poor relief | 508 | 508 | 635 | 635 | ||||
| Bank charges | 719 | 719 | 2043 | 2043 | ||||
| Depreciation | 2213 | 2213 | 7332 | 7332 | ||||
| Independent examiners |
fees | 731 | 731 | 730 | 730 | |||
| Office | 2104 | 2104 | 4040 | 4040 | ||||
| Total Expenditure | 125487 | 125487 | 176910 | 176910 | ||||
| Net movement in funds |
for the year | 34840 | 34840 | (3654) | (3654) | |||
| Total funds brought | forward | 123270 | 9204 | 132474 | 126924 | 9204 | 136128 | |
| Total funds carried forward | 158110 | 9204 | 167314 | 123270 | 9204 | 132474 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Total | Total | ||||||
| Note | |||||||
| Net cash used in operating | activities | 10 | 36151 | (6412) | |||
| Cash flows from investing | activities | ||||||
| Fixed assets additions | (1923) | (1349) | |||||
| Net cash provided by investing |
activities | (1923) | (1349) | ||||
| Change in cash and cash |
equivalent | in the year | 34228 | (7761) | |||
| Cash and cash equivalents | at | the beginning | of | ||||
| the reporting period |
63346 | 71107 | |||||
| Cash and cash equivalents | at | the end | ofthe | 10 | |||
| reporting period |
97574 | 63346 |
| TANGIBLE FIXEDASSETS | TANGIBLE FIXEDASSETS | |
|---|---|---|
| YEAR ENDED 30TH APRIL 2021 | Equipment | |
| COST | f | |
| Balance at | 1stMay 2020 | 64415 |
| Additions | 1923 | |
| Disposals | (5160) | |
| Balance at | 30th April 2021 | 61178 |
| DEPRECIATION | ||
| Balance at | 1st May 2020 | 59871 |
| Charge for | the year | 2213 |
| Eliminated | on disposal | (5160) |
| Balance at | 30th April 2021 | 56924 |
| NET BOOK VALUE AT 30th April 2021 | 4254 | |
| TANGIBLE FIXEDASSETS | ||
| YEAR ENDED 30TH APRIL 2020 | Equipment | |
| COST | ||
| Balance at | 1stMay 2019 | 65855 |
| Additions | 1349 | |
| Disposals | (2789) | |
| Balance at | 30th April 2020 | 64415 |
| DEPRECIATION | ||
| Balance at | 1st May 2019 | 55328 |
| Charge for | the year | 7332 |
| Eliminated | on disposal | (2789) |
| Balance at | 30th April 2020 | 59871 |
| NET BOOK VALUE AT 30th April 2020 | 4544 |
| The Trust considers | its key personnel | to be the | Trustees. A Trustee received | remuneration | remuneration | in the year | of |
|---|---|---|---|---|---|---|---|
| K44100(2020:f43,200). They were | reimbursed | for expenses totalling f977 | (2020:f35,627). | ||||
| DEBTORS | 2021 | 2020 | |||||
| Due within | Due within | ||||||
| one year | one year | ||||||
| Prepayments | 4400 | ||||||
| Accrued income | 66211 | 61564 | |||||
| 66211 | 65964 | ||||||
| CREDITORS | 2021 | 2020 | |||||
| Due within | Due within | ||||||
| one year | one year | ||||||
| Accruals | 725 | 1380 | |||||
| RESTRICTED FUNDS | Balance at | Balance at | |||||
| YEAR ENDED 30TH APRIL 2021 | 1stMay | 30th April | |||||
| 2020 | Income | Expenditure | 2021 | ||||
| Building Fund | 9204 | 9204 |
| RESTRICTED FUNDS | Balance at | Balance at | |||||
|---|---|---|---|---|---|---|---|
| YEAR ENDED 30TH APRIL 2020 | 1st May | 30th April | |||||
| 2019 | Income | Expenditure | 2020 | ||||
| Building Fund |
9204 | 9204 | |||||
| UNRESTRICTED FUNDS | Balance at | Balance at | |||||
| YEAR ENDED 30TH APRIL 2021 | 1st May | 30th April | |||||
| 2020 | Income | Expenditure | 2021 | ||||
| f. | |||||||
| General Funds | 123270 | 160327 | 125487 | 158110 | |||
| UNRESTRICTED FUNDS | Balance at | Balance at | |||||
| YEAR ENDED 30TH APRIL 2020 | 1st May | 30th April | |||||
| 2019 | Income | Expenditure | 2020 | ||||
| General Funds | 126924 | 173256 | 176910 | 123270 | |||
| ANALYSIS OF FUNDS | Unrestricted | Res | tricted | Total | |||
| YEAR ENDED 30TH APRIL 2021 | |||||||
| Tangible fixed assets | 4254 | 4254 | |||||
| Net current assets | 153856 | 9204 | 163060 | ||||
| 158110 | 9204 | 167314 | |||||
| ANALYSIS OF FUNDS | Unrestricted | Restricted | Total | ||||
| YEAR ENDED 30TH APRIL 2020 | |||||||
| Tangible fixed assets | 4544 | 4544 | |||||
| Net current assets | 118726 | 9204 | 127930 | ||||
| 123270 | 9204 | 132474 | |||||
| 10. | RECONCILIATION OFNET INCOME TO NET CASH |
FLOW FROM | OPERATING | ||||
| ACTIVITIES | |||||||
| 2021 | 2020 | ||||||
| Net movements in fund |
34840 | (3654) | |||||
| Adjustments for: |
|||||||
| Depreciation | 2213 | 7332 | |||||
| (Increase)/decrease in debtors |
(247) | (10178) | |||||
| (Decrease)/increase in creditors |
(655) | 88 | |||||
| Net cash used in operating | activities | 36151 | (6412) | ||||
| ANALYIS OF CASH AND CASH EQUIVALENTS | 2021 | 2020 | |||||
| f, | |||||||
| Cash at bank | 97574 | 63346 | |||||
| RELATED PARTY TRANSACTIONS |