2021-03-31-accounts

Kings Church Tandridge Report and Accounts Year Ended 31 March 2021

KINGS CHURCFI TANDRIDGE FOR THE YEAR ENDED 31 MARCH 2021 COMPANY INFORMATION Dlra¢torslTrustee$ D Bartow M Corbett M Soden Company S•cr•tary M Soden Lèad Eld•r D 8arlow Goveming Document Memorandum and Articlas of Association dated 29 March 2006. Company Regislration Number 5761011 Charlty Reglstration NuM￿r 1115130 Registergd orrice Kings Church Cantra 33 Amy Road Oxtod Surrey, RH8 OPW Independent Examiner Archie McDowall BA, CA Stewardship 1 Lamb's passag London EC1Y 8AB Bankers Barclays Bank plc CONTENTS Page Company Information Directors. Rep(Jt Independent Examinerfs Report Slalemenl of Financial Activities Balance Sheet Notes to the Acwunts 7-10

KINGS CHURCH TANDRIDGE REPORT OF THE DIREcfoRS FOR THE YEAR ENDED 31 MARCH 2021 The Directors have ￿easure in submrtting Ihtrir Report and Accounts for the year. Objects of the Gharity The charity seek5 to dernonstralo the Chd$l]an faith in aCt￿n by beiry a church in the Tandridge a￿8. Government The polw and operatirg decisions of ttTre charty rest with the Dirèctots wtto meet regularly to monltor the activitie5 tsf the Company New Directors are recruited by the existing Directors and appointed by the mernbets at th& annual general m8etTllg. Dir•etors are also peymrtted lo fill rasual ¥8canues belween annual meetiNJ$ rf appropriate R6vl•w ot Actfvltlo5 The Ctturch is not a building. bul a gathering of ordinary people of drfferent ages ond b2¢kgrounds, whose liv88 have been changed by J8sus Christ, the Son of God The New Tèstament reveals the Church a5 a communty of people, properly taught and Cared for, who by loving and serving Jesus Chn$t. weré also committed to love and car& for each other a￿d to bring a ble55iW to the area in which they lived. King's Churth. its trustees. eld8rs 8nd members. are committed to the restoration of those New Testament principles. 1118 not alone in thi5, it 15 one of many Churchfjs in Ihe area. ¢ounlry and all over the world that 15 re-discovering the Èxcitement of knowing Jesus Chnst The vision Is to see the peopk of Tandridge ¢ome into thi8 8xperianc8 of knowing Jèsus as thelr Lord, Saviour and friend. To achieve these objedive$ the ft)Ilowlng actnirties w8r8 undertaken in four key a￿¥$..- tha Church Due to CovKI-19 restrirAlons ￿n-￿r$On meetings could not be held &a¢h Sunday in Oxted. However. each ￿eek using online platforms 5UGh a5 Zoom the ¢hurch w8s able to gatherforwor9hip, tegching, prayer and fellowship. At the end of aaeh seNice an opportunty for player and fellewship was offered using the'chat room, ts¢ilty in Zoom Due to COV￿-19 restrictions the weekly group meeting in Oxted SGhool called The Hub for tho benefit of students who are Interested in Chr6twnity was unable lo take place. Due to COV￿-19 restrictions the after s¢hool Club called Fr￿aY Club was unabk lo meet weekly during term time. It almed at children aged 5-11 in order to help them develop a d8ep p8rsonal faith in Jesus Christ whil$t h8ving1015 of fun with friends However the children involved were $ent a magazine 8tyle'8Ctivrty pack, each week which proV￿ed Some leaching and a¢bvitles that could be done at home whi15t in lo¢kdown. Many parents ommÈnted how helpful they found the materral during what was a very drfficutt time for families. During Covid-19 restrictions the church youth group called Impa¢l continued lo meet every week via Zoom Member5 of the youth team endeavoured to maintain good level$ of Contact and support with the young peopl&. m8ny of whom were finding life difficult under lockdown and closure of schools for Tnu¢h of the year. As re5tDction5 lifted at various limes the group were sble to meet together in limrted fom 85 gOve￿ent guidelines allowed. During Covbl-19 restridions small mid week groups for members of the Ghurch Continued ttr meet throughout the year via Zoom to aid discipleship and build ¢Nnmunlty. Weekty, monthly and tetrnly prayer meetings wer& also held on Zoom in order to pr8y forth8 actNitie5 of the church and thing$ going on in our local comrnunty. the natioTr the wor The rDembers of the church have consBtently been applying the principles of church lrfe outlined in the New Tes18ment to be'sayc alld I￿h1. In the community, in the pLA￿S lttey live and work and ift having an impact on soclal attftudes In wlder national SOGIEty. Tris is 8 very major part ol Ilie puipose of ihe churth and rnuch of donè without publicty. The enormou$ amount of time sp8nl in this way cannot be quantrfied. Over the course of the year. in spite of unpr8C8denled restrKtion5 placed on the church and souety in general by the govefrnm&nfs response to the gk)bal panrknmio Ito church has rnanaged to repli¢at& mo$1 of its normal activity online. Sharin the Gos During the year, Alpha and Just Lotsking cours&$ were fun online. These courses are intended to introduce both adutt5 and young people to the Christian faith. Al Christmas the carol service was run online %Yith m8ny guests invited and watching via 8 5treamlng sèM(. Although not able to meat in person on 8 Sunday due to the Covid-19 resticlions, all ser4riC8s were strearrd free of charge to anyone %yho wanted lo watch and ￿arn more about Chri51ianity. SeNin the Commu Due to Cowd-19 reslriclions the Baby Drop-ln was urable to operate this year and at pte5eNt there are no pLqns to start again unless a need bec(mes apparent once more. Due lo Cowd-19 restriGlion$ the Winter Night Shelter run forthe homoless and rough sbepers during Ihfr winter Period did ncl operate. This had involved providing foed and 8CCDrnrnod4lion for on average between 6 and 10 people each evaning. The Renewed Hope Trvst ar8 rev￿Wing how they might operate and support this group of people in future. to Covld-19 restrictlOTrS the four day children's summer dub cal￿d Cri88-Cress w2s unabk8 to run. Pr*¥￿vS￿. wilh the 5UPPOrt of other local churches, it ran durirs the first week of th& s¢hool $umm&r holidays and was attended by over 80 diffprenl ¢hildren.

At Chflstmas a number of ham￿r$ containing forxl and gifts w&io glven by th? church to various familres wthin ItE community in liaison wlh the Family Support tearn from Tandridge District Countyl. During the early stages of lockdown many chur¢h members placed notes Ihrougtt neighbours doors offering assistanc8 with food, medicines or other essenti81s Some months into the lockdown the church devised pl8n5 fortwo new rninislries in lo rising neods. These wtr￿ for a Communty Money Advice Centre and lo become a satellite of the Caletham Food Bank helping p80plÈ wrth food poverty. Beth have started serving indDlbJuals and frdmilEs during Spring 2021. Reachin the Nations Throughout the yearw8 have partscipated In. 2nd supported. the sphere of churches known as Ground which is part of the NewfroDtiet5 tamily of ¢hur¢he$ New Ground 1$ ¢omm1tterS to developing ministry of like minded ur¢he$ In the UK and over8&as, seeking lo further dernonstrale the Christian faith in action by training leaders, supporting new ¢hurthes and encouraging Christian fellowship and diseipleship. Oui aim s also to support churches working elsewhere both in Ibe United Kingdom anrs oversea$. This support has prbnarily been through building personal relat￿nship with a number of overseas ¢hur¢hos in Mexi¢o. Zimbabwe, and the USA who are part of Newfronti&rs. and also with a number of churches who are linked to the New Ground sphere providing, as appropiiale. praGtiGal and financial assi8tance. No specific obj8dives were set in thi5 regard but £19.789 has b&Èn contributed directly to these ends. Ttrtre has also been indiied support by helping the funding of Newfrontier5 and farnily Churches through granting £16,707 for th&ir wort in church pLgllting and the reli6f of povety which extends across all continents. In planning the activili6s the DiFector5 have gwen ¢on$iderots"on to guidan￿ on Publ￿ benefit ISSU8d by the Charity Commi8sion. Th6 Future The vision of the church is that it will help each mernber to have a fre$h daily walk ￿1th God, lo see ea¢h member devoloping in maturity. to develop work helping the communitvas in which we li¥E and help brifjg hope and purpose to the next generalivn in our $GhooLs. Financial Review As part of the Kings Church vision and cornmitrnent to èxpanding its activity both in respect of its own mernber5 and further into the local community. a conscious decision was mad8 to Use ils cash res&Fv8s to invest in the next decade of service. Critical lo success was the need for additional high qualily lo carry the work foward. This resulted in 8 nurnber of years of P￿nned def￿¢￿$. In the 2020121 financial year income decreased sorne 4.1Q to £275.845 whiL8t costs of activity decreased 10 9% to £262.133, resulting in a surplus of £13.71212020 deficit of £6,466). Tl f￿e cash reserve at the year end da18 was £43,00812020 £42.7631. ReGOgnlSing that the lower bvel of Income in 2020121 was likety to continue due to pÈmianenl lÈavers. a break even position has been budgeted r 2021122. However, continuing govemment restrictions as a resutt of th& Covid-19 pandemic have materially curt3ileLI notmal aclivty. particulady in the first half year, resulliry in signfficant cost $aving$ whil$l regu18r giving ha3 held rolalpiely constant. The Diredors and Trustees monitor rinancial position en a rnonthty ba515 and consider rt satisfactory In light of the pr8senl strategy. Re58rv95 Poll¢y The Board of Direclots have a long established a polity wh&reby free reserves held by the Charity should b8 maintained al no less IhaTr approxiTnately £20.000. Shouk1 income not achieve budgeted leveL4 the Directots arè ¢onfidenl that the members of the Church will proV￿e funding as Standing orders account for some 90% of regular monihly income and Sp8CVdl Offerings have alvdy5 been very well 5UPPOrted. Risk Statement The Dir8Ctors have reviewed the iisks to whith a small ¢harlty operating with few employee5 is exposed. Apprapriate procedures ar8 in place to identify, monitor and ￿VIeW these risks on a regular basis. Directors, R8sponsibilf(ies Charty law requires us as Directors lo preparE financial statements for each accounting year whiGh give a tme 8nd tsir vièw of IhÈ stale of the cornpsny an(1 of it5 illGDme ond oxp&ndilura forthe year. To thi5 end we.- 1. Select suitable aGcounting politse$ and apply them consistently. 2. hAake judgements and 881imates that arè fvasonable and prudent. 3. State whether the applrAble accounting st8ndards have teen foltowed. subR¢È to any mat8Tial d8partures di$¢losed and explained in the accounts. 4 Prèpare th8 fin8ncial st8lement5 on a yoing ¢oncrn basi8 un￿S it is inappropriate to presume that the eharity ￿￿11 continue in busine8s. We are responsble for keeping adequate aGcouniing rÈ¢ords which disdose wth reasonab￿ ac(xraGy at any time the financial position of the company and enabk us to ansure thal ihe fnanc4al statements o)mply w4th the Companitts A¢1 2008. We also have a responsibilty to safeguard the assets of the charity and to tske rOa$onab￿ stOPS to prevent fraud tsi any olheT irrÈgulèrit*s. Approv81 Thi$ report W88 approved by tho Oire¢tor$ on 7th Dacembar 2021 and signed on their behalf by.. Da￿ Barfow

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KINGS CHURCH TANDRIDGE I report to tt)e chorty trustees on my exomlnation of the occounts of the Compony for the yeor ended 31 Morch 2021 on page5 5 to l O following, thich hove been p￿pored on the ba515 of the Respon￿bIlItIa$ orKI bosls of report A5 the chariV5 trustees of the Compony land olso its dikxtors for the purposes of comrony lowl you a￿ responsible for the preporotion of the accounts in occordonce wlth the requirement5 of the CofflpL)nie5 Act 20061'the 2006 Act'l. Hovirwj sot15fied myself thot the occounts of the Company ore nol ￿qUired to be audited under Port 16 01 the 2006 Act and are eligible for independent examinotlon, l fftport in respect of my exominotion of your charity's occounts os carried out under section 145 01 the Charities Act 2011 I'the 2011 ACVI. In Corrying out my exominokion I have followed the Direction5 given by the Charity Commission under sechon 145151 Ibl of the 2011 kn. Indep8ndent examlnerfs statsment Slnce the Company's gross in¢orne exceeded £250,000 your examiner must be a member ol a body listed irn Section 145 ot the 2011 Act. I confirm thot l am qualrfied to undertake the examinotion becouse l am a member of The Institute of Chartered kcountonts of Scodond, which is one of the listed bodies. I hove completed my exomin(FNon. I confimi that no motters hove come to my ottention in connection wth the exominotion giving me cause to believe.. accounting records We￿ not kept in respect of the Company as required by section 386 of the 2006 Act.. or 2. the accounts do not occord with those record5.' or 3. the occounts do not comply with the occovnting requirement5 of section 396 of the 2006 Act other thon ony requirement that the occounts give o 'true and lail view which is not o motter considered os port of on independent exominotion,. or 4. the occounts havÈ not been preparsd in OCCOrdancè with th& methods and principl•s o+ tho Statement of Recommended Proctice for occounting ond ￿pOrting by chorities lopplicoble to charities preparing thelr occounts in accordonce with the Finoncial Reporting Stcndord opplicoble in the UK ond Republic of I￿10nd IFRS 10211. I have no co￿ern$ and hove come ocros5 no other matters in connettion with the examinotion to which attention should be drown In thls report in orderto enoble o proper understanding o* the occounts to be reoched. Archie McDowoll BA, CA Steword5hip l Lamb's Possoge London ECIY8AB t)ote-. 9 December 2021

KINGS CHURCH TANDRIDGE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021 SUMMARY INCOME AND EXPENDITURE ACCOUNT Unrestricted Restricted Funds Funds Total Funds 2021 Total Funds 2020 Note INCOME AND ENDOWMENTS FROM Donations and legacies Investments 275.811 34 275,811 34 272.552 46 Charitable activities 15,092 Total income and endowments 275,845 275,845 287.690 EXPENDITURE ON Charitsble activities 262.133 262,133 294,155 Total 8xpenditu 262,133 262,133 294.155 Net incomellexpenditurg) 13,712 13.712 16,4661 Net movement in funds 13.712 13,712 16.466 Reconciliation of funds: Total funds brought forward 35.697 35,697 42,162 Total funds carrled forward 49,409 49.409 35.697 Movements on reserves and all recogn¢sed gains and losses are shown above. The notes on page 7-10 form part of these accounts.

KINGS CHURCH TANDRIDGE BALAJ4CE SHEET ASAT31 MARCH 2021 Note Unr85trict8d Restri¢ted Total fund5 Funds Funds 2021 Total funds 2020 FIXED ASSETS Tanoible assets CURRENT ASSETS Debtors Cash at bank 8,410 43,008 51,418 8,410 43,008 8,768 51,418 51,531 CURRENT UABILITIES Li8biliti88 falling due within tsne year Net current assets 2.009 2,009 15,834 NET ASSETS 49.409 49,409 35,697 FUND BALANCES Unr9$1ri¢ted funrls Gen8ral funds 49,409 49.409 35.697 Restri¢tod funds 49.409 49.409 35,897 Forth& ye8rended37 March 2021, the company entiued to the exemption from audit under S@¢t￿n 477 of ttie Comp8ni&s AGI 2006 r&lating to smallcoM￿ni$s. R6spon$ibilil￿s of ditsGtor&ltru5t8éTrS.' Thg memb8frE have not requlred fh* ch8rit8bl8 COrnP8ny to obtaln an audlt of ts actrounts forthe y88rffn ques1￿￿ In ￿￿Or￿anCe with Section 476 of the CompanlesAcl- however, in aGGord8rJc8 with Section 145 oflhe Gharities Act 201 1 the accounts hove been $x8mirted by an independ6ntexaminer bvhose report fonns part of this docum8nt. b. The direc10￿¢m$tetr$ acknowledge IheNrkvSpons￿i1rt￿$ forcomptylng wllh the tsqui￿ments ofthe Companlos Act wlth rosp8CttO 8crnunting tBcords and th& preparallon ofacGount8. These accounts have been prgp8mdln 8ccordan¢e Ihe provisions applicabk to comp8nles subiect to Ihe sm811 comp8n188 regime. Approved by the Diiectots and s￿ned on their b8half on the 71h Oecember 2021 by.. 0818 Bartow Company no.. 5761011 Charty no.. 1115130 The not8$ on page 7-10 fomi part of these accounts.

KINGSCHURCH TANDRIDGE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 1 At￿Yn11￿g Poll¢l8S Tho a¢¢ounts have bean pr8pared underthe historic C08t convèntion. in accordance with IhB Stat8menl of Recommended p￿Ctice.. Accounting and Reporting by Charitie5 preparing Ih81f8CCOLxils in 3Gcordance with th8 Finan¢ial Reporting standard $pplicabl& in the UK And Republic of Ireland IFRS 1021 issued on 18 July 2014., and with Iho Financid Repor￿ng Standard applicaNe in the Unit8d Kingdom and Ropublic of Ireland IFRS 1021. The truste8s Iwho ¥e the Gharhable ￿Mp￿¥S direolors for th8 purposes of Company have asse8s8d whètherthe use of thè going concern basis is approwale and have conS￿er8d p088ible events or conditions that mrghl cast significanl doubl on the ability of tha charty to GQnthue as a going concern. The trustees have mad& Ihis asséssrnenl fora per￿d of 8t least one yearfrom the dale of approval of the financi81 st8tèments. In particular th6 trust8&s have conS￿ered the charitys f0￿CaSts and projections and the p05sibl8 implicallon8 should prole¢ted incorne and l or 8xpgndllure vary unexpectedly. The trustees havè concluded that there ￿ a re880n8bl¢ expectation that the charity has adequate resources lo continue to operate for the foieseeable future. Th& ch3ri1y Ih£refore continuas lo adopt the golng concern basis In prsparing ils finanGial stalemenls. In makirG this 8ssés$m&nt the Trustees h8ve tonsider8d the inpact of Covid-19 and havtr ￿nCludE(l its nel inpacl on nel income will not bB tnalerial. The followng 8re the accountin9 policies vhich have b8en applied in dealing ¥￿th rnaterfa ￿ems:. DL¥)8tÈd inGome and grants receivable 2re tskgn Into aceountwhen weivod by the charfty. Income rece￿ed In cirGutnstsnces whar8 a c181m for repaymsnl of18x h8s been or will be made lo HM R&venue & Cu5t0rn5 ￿ grossed up for the tax recov8rablÈ. amunt of18x r8ciaimÈd frotn HM Rev8nu8 & Cusloms but nol yet r8CelV8d is shovm wthin tha chanty's debl(KS. bl Other Income dex endltur&'. Invesltnenl income is taken in itr account vthen r8c8i¥le and ex￿ndit￿re. includi1￿ Irr8coverabl8 VAT, whén inGurreO by th8 charity, ￿gardleSS of when payment is made. Grants payable aro laksn in to account at the 68rfi&r of when thèy afy paid or b8com& ¢onstruGtive obligations. Grants for thtr support of missionaries are accounted for on the basis of 5UPPOrt Ihat ralatss lo the finan¢kql year. UnTrsiricted fund8 are donats.ons ar￿ other income received or genered forthe objects of the charty without 8pecrfied purpose and 8r8 availablé for purp05e5 88 directed by the trustees. Restricted funds ara arnounls r8ceived where the donor has sp8cifi￿ the purtK)se foi which ilshoukl b8 usèd. dl Fixed assets and d8 r8ciation'. Fixed assets acquir8d for use bythe company are rapi141i5ed and depreuat8d ovar ththr èstimated useful life unless they c08118ss than £500 then Ihayar8 %vrittèn off on purchase. Depreciation periods are ss follow8.. Leasehold buildings Eqvipmenl Overlhe 10 year p8rlod of tha original Iwasg to June 2016. Bett¥6&n 3 and 7 ye8r5 el Pension costs.. Tht company operates a defir￿d contrltyjlion 5charno for certah of fts empbyees. Pension premlums are chargèd as Ihey are paid. The company 15 3 regislered charity is exetrpt from t8xatlon tsr￿erthe Inc¢me & Ci)rporation Taxe$ Act The company has taken advantage of the ex8mpik)n prowdwj by the FRS 102 SORP has not prepared a Cash Fk)w Slat8m8nt ror thé yoar.

IQNGSCHURCH TAND￿DGE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 Unrestricted Re5trictsd FUNJS Funds 2 Volvntary Incomè Tolal 2021 Total 2020 G8n8ral donallons Tax recoverab Grants 203,726 39,962 32.124 276,811 203,726 39.￿2 32.124 275.811 202.246 39.082 31.224 272,552 Nor* of lh8 1￿me In ts ￿rWa8 re8tri¢ted. 3 Charitable activities Ufireslricted Reslrictsd Funds Funds Tot 2021 Tot 2020 B Direct Charitable Costs Staff costs Outreach actlv Conferences and training Church weekend Youth aclrrfity Sundry church acb'vty Gr8nts payable Not8 4 185,775 2.038 2,423 165.775 2,038 2,4 166.775 10.342 5,015 5.618 10,238 5,392 27.654 231,035 1,850 2.097 36.49e 210.679 1,850 2,097 36.496 210,679 Notè 3¢ b Support & Admlh15tratlo Propèrty ¢osts Equipment and IT Tdephone Gov8rnanc8 costs Other support costs 34.092 8.058 2,￿4 1,440 5,600 51,454 262,133 24.092 8,058 2.264 1,440 5.600 51.454 262,133 47,043 4,497 2,896 1,440 7,246 63.121 294,155 Comblned ¢harltabl8 actlvlty cost fjrants 2021 2020 MI88ion and Ghur¢h planting Relief of poverty EduGalional grant5 14,473 21.722 300 14,773 21,722 12,9 14.689 36,196 300 38,496 27,654 The charitys p￿ncipal grants to institution$ compri$ed.. 2021 2020 New Ground Churches River of Lifé Church & Discipleship Nation$ Zlmbabwe International Ju8tica Mi8aioTh 16,707 18.209 12,0 10.270 2,000 Renewed Hope Trust Ntrw Frontier8 IntÈrnalionÈl Trust Ltd Grants to institubons for10SS than £1.CX)0 9a¢h 1.000 580 36,496 27,654 None of tho eX￿nd￿re In the year was raslrlct86.

KINGS CHURGH TANDRID13E NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 4 Staff & Tru$t•es 2021 2020 Gross wage5. salaries & benefits in kind EmployÉr'$ national insurar¢6 ¢0sts PenS￿n costs Total staff costs 142,866 10.243 12.666 165.775 142,866 11,243 12.666 166,775 The ¢harity has 4 full tirne equivalent ernplosed staff. Its acliwili8s are generallycath8d Dul byvolunl88rs. No staff rec8iw8d salarie8 at a rate of more th2n £60,000 par annum. No Members of sl8ff were considered key fflanagemenl ollErlhan the Elder detailed bebw. D Bart￿. a Trustee. received a salary in hk5 capacity as Lead Elder of the charity during the ye¥ of £50,41412020 £50,41418nd had a £4,95812020 £4,958) pgnsion ¢￿tr￿ul0n paid on h1$ b&haK. as p8rmltt8d by th8 gov8ming document. No remuneralion was paid to any other trustee dudng tho year nor lo any person conn8cted to them. The lolal amount of donalv)ns funded by Trusl&ès connected parties was £39.78012020 £43,6001. Fees payable to Slewar(Iship. olher than fu the ind8p6nd8nl examination, ftr p8yroll bureau Se￿￿C&s, totalled £79312020 £8291. 5 Tanglble Flxed Assets 2021 2020 Leasehold Leasehold BU1￿1n9$ Cost Al 1 April Additions Al 31 March 51,416 51,416 A￿Mulated DéprecialK)n Al 1 April Charge for the year Al 31 MarGh 51.418 51,416 51.418 Net ￿0k valug 2021 2020 6 Debtors and Prepayrnants Tax recoverable Prepayments 3,076 5.334 2,881 5,887 7 Ca#h at Bank and in Hand Bank operaling accounts Bank deposlts Petty cash 28,814 15.974 220 43.008 14,520 28.023 220 42.7f3 8 Crodltors.. Ilabllltl88 falllng duè withln on& y•ar Accruals 15,834 15.834 Th8re is also a Commi￿ntt0 reni payabb on Ihe church offi(w 01 Ihe Kings Cenlre, 33 Amy Rd of £24,000 p8r annum until Juné 2026.

KINGS CHURCH TA14DRIDQE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 9 Funds The ass8ts and Ilablllbe$ r8pre$ente(I bythe various funds ar8 ay follows.. Fixed Bank & cash olhw net assets ba12nces assets Tol R?stricled funds VnreslriGted funds 43.(K)8 6.401 49,409 43.008 49.409 10 M8mb8fB Each marv&er of the GompaDy¢Om￿Its lo wntribute bf Ihecharty is wcund up an amountof £10.