##
|Report ofthe Trustees||||||
|---|---|---|---|---|---|
|Independent
Examiner's||Report||||
|Statement ofFinancial||Activities||||
|Balance Sheet|||4|to|5|
|Notes to the Financial|Statements||6|to|11|
|Detailed Statement of|Financial Activities|||12||
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##
||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||35,803|31|35,834|42,663|
|EXPENDITURE ON|||||||
|Raising funds|||6,277||6,277|9,721|
|Charitable
activities|||||||
|Ministry
and church costs|||||||
||||15,057|28,364|43,421|47,520|
|Total|||21,334|28,364|49,698|57,241|
|NET INCOME/(EXPENDITURE)|||14,469|(28,333)|(13,864)|(14,578)|
|Transfers
between funds||12|(11,850)|11,850|||
|Net movement
in funds|||2,619|(16,483)|(13,864)|(14,578)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||15,391|211,450|226,841|241,419|
|TOTAL FUNDS CARRIED FORWARD|||18,010|194,967|212,977|226,841|
##
|Balance Sheet
3l~ecem urs2I21||||||
|---|---|---|---|---|---|
|||||31.12.21|31.12.20|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets||627|338,190|338,817|361,108|
|CURRENT ASSETS||||||
|Debtors|7|19,260||19,260|16,005|
|Cash at bank and in hand||2,550|5,754|8,304|10,768|
|||21,810|5,754|27,564|26,773|
|CREDITORS||||||
|Amounts
falling due within one year|8|(4,427)|(8,230)|(12,657)|(13,272)|
|NET CURRENT ASSETS||17,383|(2,476)|14,907|13,501|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||18,010|335,714|353,724|374,609|
|CREDITORS||||||
|Amounts
falling due afier more than one year|9||(140,747)|(140,747)|(147,768)|
|NET ASSETS||18,010|194,967|212,977|226,841|
|FUNDS|12|||||
|Unrestricted
funds||||18,010|15,391|
|Restricted funds||||194,967|211,450|
|TOTAL FUNDS||||212,977|226,841|
##
##
##
##
|Freehold|property|4%on cost|
|---|---|---|
|Fixtures|and fittings|25%on reducing balance|
|Computer|equipment|25%on reducing balance|
##
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##
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##
||||31.12.21|31.12.20|
|---|---|---|---|---|
|Ministerial
staff (wages/fees)|||I|1|
|No employees
received emoluments|in excess off60,000.||||
|COMPARATIVKS FORTHE STATEMENT OF FINANCIAL||ACTIVITIES|||
|||Unrestricted|Restricted|Total|
|||fund|funds|funds|
||||f.||
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies||42,648|15|42,663|
|EXPENDITURE ON|||||
|Raising funds||9,721||9,721|
|Charitable
activities|||||
|Ministry
and church costs|||||
|||19,455|28,065|47,520|
|Total||29,176|28,065|57,241|
|NKT INCOME/(EXPENDITURE)||13,472|(28,050)|(14,578)|
|Transfers between
funds||(14,003)|14,003||
|Net movement
in funds||(531)|(14,047)|(14,578)|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought forward||15,922|225,497|241,419|
|TOTAL FUNDS CARRIED FORWARD||15,391|211,450|226,841|
##
##
##
##
|TANGIBLE FIXEDASSETS||||||
|---|---|---|---|---|---|
|||Improvements|Fixtures|||
||Freehold|to|and|Computer||
||property|property|fittings|equipment|Totals|
|||6||||
|COST||||||
|At 1 January 2021|343,874|184394|28,151|10,047|566,366|
|Disposals|||(9,217)|(6,328)|(15,545)|
|At 31December 2021|343,874|184,294|18,934|3,719|550,821|
|DEPRECIATION||||||
|At 1 January 2021|151,977|26,237|17,526|9,518|205,258|
|Charge for year|13,755|7,372|647|98|21,872|
|Eliminated
on disposal|||(8,939)|(6,187)|(15,126)|
|At 31December 2021|165,732|33,609|9,234|3,429|212,004|
|NET BOOK VALUE||||||
|At 31December 2021|178,142|150,685|9,700|290|338,817|
|At 31December 2020|191,897|158,057|10,625|529|361,108|
|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||||
|||||31.12.21|31.12.20|
|Other debtors||||1,700|1,700|
|Prepayments
and accrued income||||17,560|14,305|
|||||19,260|16,005|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||||
|||||31.12.21|31.12.20|
|Bank loans and overdrafls (see note|10)|||8,228|8,588|
|Social security and other taxes||||2,568|3,395|
|Accrued expenses||||1,861|1,289|
|||||12,657|13,272|
##
##
|forth
|e YearEn
d31D c m er20|e YearEn
d31D c m er20|2|2|2|2||
|---|---|---|---|---|---|---|---|
|9.|CREDITORS: AMOUNTS||FALLING DUE AFTER MORE THAN ONE YEAR|||||
|||||||31.12.21|31.12.20|
|||||||f.||
||Bank loans (see note 10)|||||140,747|147,768|
|10.|LOANS|||||||
||An analysis ofthe maturity ofloans is given below:|||||||
|||||||31.12.21|31.12.20|
||Amounts
falling due within one year on demand:|||||||
||Bank loans|||||8,228|8,588|
||Amounts
falling between one||and two years:|||||
||Bank loans -|1-2years||||8,557|8,932|
||Amounts
falling due between||two and five years:|||||
||Bank loans -|2-5 years||||27,780|28,997|
||Amounts
falling due in more than five years:|||||||
||Repayable
by|instalments:||||||
||Bank loans more 5 yr by instal|||||104,410|109,839|
|1.|SECURED DEBTS|||||||
||The following|secured debts are included
within||creditors:||||
|||||||31.12.21|31.12.20|
||Bank loans|||||148,975|156,356|
||The bank loan|is secured by a|legal charge on the|freehold property,|in favour ofBarclays Bank pic.|||
|2.|MOVEMENT IN FUNDS|||||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.1.21|in funds|funds|31.12.21|
||||||f|||
||Unrestricted|funds||||||
||General fund|||15,391|14,469|(11,850)|18,010|
||Restricted funds|||||||
||Building Fund|||||||
||Welfare Fund|||208,139|(28,333)|12,600|192,406|
||Klar Prospects|Project||3,061
250||(750)|2,311
250|
|||||211,450|(28,333)|11,850|194,967|
||TOTALFUNDS|||226,841|(13,864)||212,977|
##
##
##
|||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|---|
|||||||resources|expended
f|in funds|
|Unrestricted||funds|||||||
|General
fund||||||35,803|(21,334)|14,469|
|Restricted funds|||||||||
|Building Fund|||||||||
|||||||31|(28,364)|(28,333)|
|TOTAL FUNDS||||||35,834|(49,698)|(13,864)|
|Comparatives||for movement||in funds|||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.1.20|in funds|funds|31.12.20|
|||||||||f.|
|Unrestricted||funds|||||||
|General fund|||||15,922|13,472|(14,003)|15,391|
|Restricted funds|||||||||
|Building Fund|||||||||
||||||219,834|(28,050)|16,355|208,139|
|Welfare Fund|||||||||
||||||3,163||(102)|3,061|
|Klar Prospects||Project|||2,500||(2,250)|250|
||||||225,497|(28,050)|14,003|211,450|
|TOTALFUNDS|||||241,419|(14,578)||226,841|
|Comparative|net movement||in|funds, included|in the above are as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
|Unrestricted||funds|||||||
|General fund||||||42,648|(29,176)|13,472|
|Restricted funds|||||||||
|Building
Fund|||||||||
|||||||15|(28,065)|(28,050)|
|TOTAL FUNDS||||||42,663|(57,241)|(14,578)|
##
||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.1.20|in funds|funds|31.12.21|
||||I|||
|Unrestricted|funds|||||
|General fund||15,922|27,941|(25,853)|18,010|
|Restricted funds||||||
|Building Fund||||||
|||219,834|(56,383)|28,955|192,406|
|Welfare Fund||||||
|||3,163||(852)|2,311|
|Klar Prospects|Project|2,500||(2,250)|250|
|||225,497|(56,383)|25,853|194,967|
|TOTAL FUNDS||241,419|(28,442)||212,977|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||f.|||
|Unrestricted|funds||||
|General fund||78,451|(50,510)|27,941|
|Restricted funds|||||
|Building Fund|||||
|||46|(56,429)|(56,383)|
|TOTAL FUNDS||78,497|(106,939)|(28,442)|
##
|Detailed Statement|ofFinancial Activities|ofFinancial Activities|ofFinancial Activities|||
|---|---|---|---|---|---|
|for the Y
Ended|31D|m|021|||
|||||31.12.21|31.12.20|
|INCOME AND ENDOWMENTS||||||
|Donations
and legacies||||||
|Tithes||||15,387|22,920|
|Offering||||15,852|15,031|
|Thanksgiving||||1,310|820|
|Donanons||||3,285|3,892|
|||||35,834|42,663|
|Total incoming resources||||35,834|42,663|
|EXPENDITURE||||||
|Raising donations|and legacies|||||
|Wages and fees||||4,763|8,212|
|Social security||||73|708|
|Ministry expenses||||1,441|801|
|||||6,277|9,721|
|Charitable
activities||||||
|Wages||||4,763|8,212|
|Social security||||73|708|
|Building/combined|Insurance|||3,032|2,686|
|Central office costs||||2,364|2,215|
|Telephone||||1,098|1,029|
|Subscriptions||||590|530|
|Other insurances||||216|216|
|Bank charges||||92|150|
|Repairs and maintenance
Depreciation oftangible fixed assets||||1,414
21,871|2,451
22,116|
|Loss on sale oftangible fixed assets||||419||
|Bank loan interest||||6,529|6,307|
|||||42,461|46,620|
|Support costs||||||
|Governance
costs||||||
|Accountancy
and legal fees||||960|900|
|Total resources expended||||49,698|57,241|
|Net expenditure||||(13,864)|(14,578)|