2020-12-31-accounts - St Philip's Centre

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		Page
Patron, Trustees, Officers and Advisers
Trustees' Report		2-8
Independent Auditor's	Report	9-11
Statement ofFinancial	Activities	12
Balance Sheet		13
Cash Floss Statement		14
Notes to the Financial	Statements	15-31

The Founder Members of	the Centre are:
the Diocese ofLeicester
~ the Parochial Church Council ofStPhilip's,		Evington
~ the East Midlands	Synod ofthe United Reformed Church
~ the Northampton	(formerly Oxford rk Leicester) District ofthe Methodist			Church
~ the Roman Catholic Diocese ofNottingham
There is at present one Additional Member as follows:
~ the Baptist Union	ofGreat Britain
The Trustees ofthe Centre	must all be confirmed in	office by vote at	the Annual	General Meeting		and
the normal term ofoffice	is 4 years. The Trustees	may also appoint	up to 5 further		Trustees to	add
expertise to the Board.
New Trustees are inducted	and trained by the Chair	ofTrustees and the Centre Director.

					2020	2020	2020	2019
				Note	Unrestricted	Restricted	Total	Total
					funds	funds	funds	Funds
Income Irom
Donations					23,646		23,646	5,587
Investments					3,384		3,384	3,829
Charitable activities					151/23	451,051	602,374	659,541
Total income					178,353	451,051	629&404	668,957
Expenditure on
Raising funds					3,180	3,578	6,758	7,836
Charitable activities					130,789	395,162	525,951	611,169
Total expenditure					133,969	398,740	532,709	619,005
Net income before transfers					44,384	52,311	96,695	49,952
Transfets between	funds			18
Centre contribution	to Near	Neighbours			(3,211)	3,211
Net income and net	movement		in funds		41,173	55,522	96,695	49,952
Retained resources brought		forward at		18/19	275,540	79,567	355&107	305,155
1January
Resources catried	forward	at		18/19
31December					316,713	135,089	451,802	355,107

					2020	2019
			Note
Fixed assets
Tangible assets					5,108		12,357
Current assets
Debtors			14	132,625		90,823
Cash at bank	iu hand		15	393,543		364,586
				526,168		455,409
Creditorsi amounts		falling due
within one	year		16	(79,474)		(112,659)
Net current	assets				446,694		342,750
					451,802		355,107
Represented	by:
Restricted funds			18		135,089		79,567
Unrestricted	funds		19		316,713		275,540
					451,802		355,107

Statement ofcash flows
					Note	2020	2019
Cash flows fmm operating	activities:
Net cash used in operating	activities					28,770	50,205
Cash flows kom investing	activities:
Interest kom investments						3,384	3,829
Purchase ofeqmpment					13	(3,197)	(8,919)
Net cash pmvided by investing			activities			28,957	45,115
Change in cash and cash equivalents			in the reporting	period		28,957	45,115
Cash and cash equivalents at	1January					364,586	319,471
Cash and cash equivalents	at	31December			15	393,543	364,586
Reconciliation ofnet income		to	net cash flow kom operating		activities
						2020	2019
Net income for the reporting		period (as per the		statement of	financial
activities)						96,695	49,952
Adjustments for:
Depreciation charge					13	10,446	10,142
Interest from investments					3	(3,384)	(3,829)
(increase)/Decrease in debtors					14	(41,802)	(60,791)
(Decrease)/Increase in creditors					16	(33,185)	54,731
Net cash used in operating	activities					28,770	50,205
Analysis ofcash and cash equivalents
						2020	2019
Cash in hand						234	201
Notice deposits						393,309	364,385
Total cash and cash equivalents					15	393,543	364,586

		Unrestricted	Restricted
		funds	funds	2020	2019
General	donations	23,646		23,646	5,587

		Unrestricted	Restricted
		funds	funds	2020	2019
Bank	interest	3,384		3&384	3,829

Charitable Activities
		Unrestricted	Restticted
		funds	funds	2020	2019
Grants
Diocese ofSouthwell and Nottingham		2,000		2,000	3,000
The Methodist Church		8,000		8,000	8,000
Near Neighbours Church Urban Fund			29,875	29,875	72,205
Home Ofhce —Prevent			251,035	251,035	242,011
Leics &Rutland Community Foundation			10,000	10,000	32,590
Police Crime Commissioners			33,756	33,756	9,420
Methodist Connexion Grant			18,000	18,000	18,000
NCB Bellefontame Charitable Trust			2,000	2,000	2,000
Open Society Institute			47,220	47&220	55,865
Allchurches Trust Ltd			7,450	7&450
Government Grants		17,893		17&893
Leics &Rutland Masonic Chatitable			500	500
Foundation
Masonic Charitable Foundation			500	500
Porricus			24,000	24&000	24,000
The Linking Network			10,000	10,000	12,083
Leicester City Council			16,215	16,215	5,400
The P&CHickinbotham	Charitable Trust		500	500	500
Leicester Diocesan Board ofFinance		61,440		61,440	60,649
All Saints' Education Trust					10,000
Donations in kind
Leicester Diocesan Board ofFinance		31,427		31,427	30,852
		120,760	451,051	571,811	586,575
Course fees		30&563		30,563	72,966
		151,323	451)051	602,374	659,541

Raising Funds
	Untestricted	Restricted
	funds	funds	2020	2019
Centre director	1,158	1,979	3,137	3,078
Support costs	2,022	1,599	3,621	4,758
	3,180	3,578	6,758	7,836

			Unrestricted	Restticted
			funds	funds	2020	2019
Centre Director			21,420	36,619	58)039	56,944
Lecturer	Brtutor fees		50,283	220,064	270&347	276,542
Pension	costs		1,677	11)491	13,168	11,771
Consultants			1,199	40,409	41,608	54,604
Course accommodatiou,		resources K catering	12,545	14,695	27,240	67,915
costs
Subsidies			400	4,156	4)556	8,375
Website	costs		1,537	6,519	8,056	10,130
Other small projects				23,417	23,417	25,812
Support	costs		41)728	37,792	79,520	99,076
			130,789	395,162	525,951	611,169

Analysis	ofexpenditure includin	g allocation ofsupport costs
		Activities	Support	Total
		undertaken	costs
		directly
Raising funds		5,159	1,599	6,758
Charitable	activines	446,431	79,520	525,951
		451,590	81,119	532,709

Analysis of	suppor	t costs
			Unrestricted	Restricted
			funds	funds	2020	2019
Salaries and	national	insurance	30,362	5,411	35,773	44,780
Pension			1,067	774	1,841	2,071
Rent			3)605	4&351	7)956	7,801
Audit fees			269	11	280	137
Other professional		fees	1,606	3,780	5,386	3,503
Depreciation			1,646	8,800	10,446	10,142
Insurance			667	2,241	2,908	2,834
Premises expenses			970	2,351	3,321	5,699
Office expenses			478	5,383	5,861	13,923
Staff iraining	and recruitment		318	2,249	2,567	5,943
			40,988	35,351	76,339	96,833
Governance	costs
Centre director			579	990	1,569	1,539
Salaries and	national	insurance	778	139	917	1,148
Pension			27	20	47	53
Rent			307	112	419	411
Audit fees			859	2,641	3,500	3,500
Ofhce expenses			212	138	350	350
			2,762	4,040	6,802	7,001
			43,750	39491	83,141	103,834

Analysis	ofresource	s expended by ex	penditure type
				Other
			Staffcosts	costs	Total	Total
			2020	2020	2020	2019
Raising funds			5,066	1,692	6,758	7,836
Costs of	generating	funds	5)066	1)692	6)758	7,836
Charitable	activities		354,071	165)078	519&149	604,168
Governance			2,533	4,269	6,802	7,001
Costs of	charitable	activities	356,604	169)347	525,951	611,169
Total expenditure			361,670	171,039	532,709	619,005

Staffcosts
			2020	2019
Staff costs	during the	year mere as follows:
Wages and	salaries		317,830	329,588
Employer's	National	Insurance	28,784	30,307
Pension			15,056	13,895
			361&670	373,790

	Computet	Fixtures,	Library	Property	Total
	equipment	fittings &	books	costs
		equipment
Cost
At 1January 2020	26,179	53,190	6,500	45,661	131,530
Additions	3,197				3,197
Disposals
At 31December 2020	26,179	53,190	6,500	45,661	134,727
Depreciation
At 1January 2020	22,872	44,140	6,500	45,661	119,173
Charge for the year	3,621	6,825			10,446
Disposals
At 31December 2020	22,872	44,140	6,500	45,661	129,619
Net book value
At 31December 2020	2,883	2,225			5,108
At 31December 2019	3,307	9,050			12,357

Debtors
	2020	2019
Trade debtors	58,527	68,856
Accrued income	2,010	1,810
Ptepsyments	6,839	8,162
Other debtors	1,735	5,295
Grants receivable	63,514	6,700
	132,625	90,823

							2020	2019
	Current	and deposit account					393,309	364,378
	Cash in	band					234	208
							393,543	364,586
16.	Cteditots: amounts		falling	due	within	one year
							2020
	Trade creditors						53/01	89,817
	Accruals						4,500	4,275
	Other creditors aud		deferred income				21,673	18,567
							79,474	112,659
	Deferred	income included		in	other creditors:
	Deferred	income at	1January 2020					5,778
	Resources deferred		during	the year
	Amounts	released from previous			years			(4,130)
	Deferred	income at	31December 2020					1,648
	Deferred	income represents		grant income received in advance.
17.	Analysis	ofnet assets between			funds
						Restricted	Unrestticted
						funds	funds	2020
	Tangible	fixed assets				1,969	3,139	5,108
	Current	assets				133,120	393,048	526,168
	Creditors	due within	one year				(79,474)	(79,474)
						135,089	316,713	451,802

nalysis	ofnet assets between	funds (continued)
Analysis	ofnet assets between	funds —prior year
			Restricted	Unrestricted
			funds	funds	2019
Tangible	fixed assets		673	11,684	12,357
Current	assets		78,894	376,515	455,409
Creditors	due within one year			(112,659)	(112,659)
			79,567	275,540	355,107

			At 1	Incoming	Outgoing	Contribution	At 31
			January	resources	resources		Decembet
			2020				2020
Methodist Connexion			13,046	18,000	(15,169)		15,877
Prevent Adviser —preventing		extremism	300	251,035	(249,475)		1,860
Leics &Rutland Community		Foundation	4,672	10,000	(8,793)		5,879
Near Neighbours Prolects			857	29,875	(33,833)	3,211	110
N C Bellefontaine —schools			922	2,000	(1,047)		1,875
P &.C Hickinbotham —schools			500	500	(223)		777
Police &Crime Commissioner				33,756	(16,042)		17,714
Leicester City Council —Ward		Funding		215	(215)
Open Society Institute			18,268	47,220	(14,852)		501636
Leicester City Council —Hate		Crime		16,000	(16,000)
Schools Linking			10,430	10,000	(12,322)		8,108
Masonic Foundation —Dine With Me				1,000	(0)		1,000
StAugustine			58		(58)
Porticus —Skills training			22,250	24,000	(24,053)		22,197
Allchurches Trust -mental health				7,450	(3,600)		3,850
All Saints' Education Trust	—schools		8,264		(3,058)		5,206
Total resndcted funds			79,567	451,051	(398,740)	3,211	135,089

18. Restticted funds (con	tinued)
Analysis ofrestricted funds	—prior year
		At 1	Incoming	Outgoing	Contribution	At 31
		January	resources	resources		December
		2019				2019
Refurbishment and building	costs	948		(948)
Methodist Connexion			18,000	(4,954)		13,046
Prevent Adviser —preventing	extremism	713	242,011	(242,424)		300
Collective Worship Projects		1,432		(1,432)
Leics 8r Rutland Community	Foundation		27,400	(22,728)		4,672
Near Neighbours Projects		480	72,205	(76,772)	4,944	857
N C Bellefontaine - schools			2,000	(1,078)		922
P 8r CHickinbotham —schools			500			500
Police 8r Crime Commissioner			9,420	(9,420)
Out ofSchool Education (LDBF)		570		(570)
Open Society Institute		21,745	55,865	(59,342)		18,268
Leicester City Council —Interfatth Joke			400	(400)
Schools Linking		892	22,273	(12,735)		10,430
Spalding Trust		99		(99)
StAugustine		486		(428)		58
Porticus —Skills training		20,065	24,000	(21,815)		22,250
Westhill Endowment		1,106		(1,106)
All Saints' Education Trust		5,561	10,000	(7,297)		8,264
Total restricted funds		54,097	484,074	(463,548)	4,944	79,567

				At 1	Incoming	Outgoing	Transfers/	At 31
				January	resources	resources	contributions	December
				2020				2020
Designated Funds
Operational				195,000			20,000	215,000
Premises Development			tk
Communication	Technology			44,000		(4,000)		40,000
Ongoing Projects				30,000		(2,000)		28,000
				269,000		(6,000)	20,000	283,000
Genetal Fund				6,540	178,353	(131,180)	(20,000)	33,713
Total unrestricted		funds		275,540	178,353	(137,180)		316,713

			At 1	Incoming	Outgoing	Transfers/	At 31
			January	resources	resources	contributions	December
			2019				2019
Designated funds
Operational			165,000			30,000	195,000
Premises Development		Bc
Communication Technology			73,000		(4,000)	(25,000)	44,000
Marketing Strategy			5,000		(5,000)
Ongoing Projects						30,000	30,000
			243,000		(9,000)	35,000	269,000
General fund			8,058	184,883	(151,401)	(35,000)	6&540
Total unrestricted	funds		251,058	184,883	(160,401)		275)540

During the year the following gifts i Diocesan Board ofFinance:	n kind and donated services were rec	eived from
	2020	2019
Staff salaries	22,384	21,992
Rent	8,375	8,211
Insurance	668	649
	31,427	30,852