2021-03-31-accounts

						Page
Reference and administrative		details ofthe Charitable	Company,	its Trustees	and
advisers
Trustees' report						2-5
Independent examiner's	report					6-7
Statement offinancial activities
Balance sheet						9-10
Statement ofcash flows
Notes to the financial statements						12-28

			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
		Note	2021 f	2021 F	2021f	2020
Income from:
Donations and legacies			92,786	211,325	304,111	173,012
Charitable activities						100
Investments				84,837	84,837	117,052
Total income			92,786	296,162	388„948	290,174
Expenditure on:
Charitable activities		7	121,692	196,096	317,788	244,270
Total expenditure			121,692	196,096	317,788	244,270
Net movement in funds			(28,906)	100,066	71,160	45,904
Reconciliation offunds:
Total funds brought	forward		39,'l70	842,397	881,567	835,563
Net movement in funds			(28,906)	100,066	71,160	45,904
Total funds carried forward			10,264	942,463	952,727	881,567

					2021		2020
			Note
Fixed assets
Tangible assets			12		1,319,425		1,349,670
					1,319,425		1,349,670
Current assets
Debtors			13	100,130		188,658
Cash at bank and in hand				255,580		109,179
				355,710		297,837
Creditors: amounts	falling due within one
year			14	(101,127)		(101,215)
Net current assets					254,583		196,622
Total assets less current liabilities					1,574,008		1,546,292
Creditors: amounts	falling due after more
than one year			15		(621,281)		(664,725)
Net assets excluding		pension asset			952,727		881,567
Total net assets					952,727		881,567
Charity funds
Restricted funds			17		10„264		39,170
Unrestricted funds			17		942,463		842397
Total funds					952,727		881,567

				2021	2020
Cash flows from operating	activities
Net cash used in operating	activities			198,819	78,238
Cash flows from investing	activities
Purchase oftangible fixed assets				(8,954)	(4,335)
Net cash used in investing	activities			(8,954)	(4,335)
Cash flows from financing	activities
Repayments of borrowing				(43,464)	(47,775)
Net cash used in financing	activities			(43,464)	(47,775)
Change in cash and cash	equivalents	in	the year	146,401	26,128
Cash and cash equivalents	at the beginning		ofthe year	109,179	83,051
Cash and cash equivalents	at the end of		the year	255,580	109,179
The notes on pages 12to 28 form part ofthese financial statements

Restricted	Unrestricted	Total
funds	funds	funds
2020	2020	2020f
6,549	166,463	173,012

						Total
						funds
						2021
						6
	Sales ofbooks and		tapes
					Unrestricted	Total
					funds	funds
					2020	2020
					6	E
	Sales ofbooks and		tapes		100	100
5.	Investment	income
					Unrestricted	Total
					funds	funds
					2021	2021
						8
	Investment	income	—local investment	properties	64,000	84,000
	Investment	income	—local cash		837	837
					84,837	84,837

						Unrestricted	Tofai
						funds	funds
						2020	2020f
Investment	income	-	local	investment	properties	1'17,000	117,000
Investment	income	-	local	cash		62	62
						117,062	117,062

		Donations
		to	Total
		Institutions	funds
		2021	2021
		E	6
United	Kingdom	37,310	37,310
		Donations to	Total
		institutions	funds
		2020	2020
United	Kingdom	68,912	68,912

			Restricted	Unrestricted	Total
			funds	funds	funds
			2021	2021	2021
			F	6	6
Advancement	ofChristian	Faith	35,387	193,549	228,936
Love Your Neighbour			86,305	2,547	88,852
			121,692	196,096	317,788
			Restricted	Unrestricted	Total
			funds	funds	funds
			2020	2020	2020
			6
Advancement	ofChristian	Faith	7,616	236,652	244,270

			Activities	Donation
			undertaken	funding of	Support	Total
			directly	activities	costs	funds
			202'I 6	2021f	2021	2021
Advancement	of Christian	Faith	135,4 l4	37,310	56,212	228,936
Love Your Neighbour			88,852			88,852
			224,266	37,310	56,212	317,788
			Activities	Donation
			undertaken	funding ot	Support	Total
			directly	activities	costs	funds
			2020	2020	2020	2020
Advancement	of Christian	Faith	137,656	66,912	37,702	244,270

			Advan came
			nt of
			Christian	Love Your	Total
			Faith	Neighbour	funds
			2021	2021	2021
				6	6
Staff costs			3,635		3,635
Depreciation			35,298		35,298
Ministerial	expenses		3,893		3,893
Premises expenses			42,208		42,208
Communication		costs	8,205		8,205
Travel and	motor expenses		5,553		5,553
Love Your	Neighbour			88,852	88,852
Finance costs			36,622		36&622
			135,414	88,852	224,266

			Advancemen
			1ofChristian	Love Your	Total
			Faith	Neighbour	funds
			2020	2020	2020
Staff costs			6,608		6,608
Depreciation			34,507		34,507
Ministerial	expenses		2,259		2,259
Honorarium			300		300
Premises expenses			51,286		51,286
Communication		costs	6,944		6,944
Travel and	motor expenses		10,250		10,250
Finance costs			25,502		25,502
			137,656		137,656

					Advanceme
					nt of
					Christian	Total
					Faith	funds
					2021	2021
					F	5
Depreciation					3,921	3,921
Music and	equipment				7,546	7,546
Premises	expenses				4,890	4,890
Communication		costs			1,055	1,055
Travel and	motor expenses				617	617
Professional 5		consultancy		fees	1,867	1,867
Sundry church		expenses			226	226
Bank charges					2,131	2,131
Expensed	equipment		and furniture		5,261	5,261
Donations	and	gifts			25,398	25,398
Governance costs					3,300	3,300
					56,212	56,212

Analysis ofsu	pport	costs (continued)
			Advancemen
			tofChristian	Total
			Faith	funds
			2020	2020
Depreciation			3,834	3,834
Music and equipment			1,075	1,075
Premises expenses			5,699	5,699
Communication	costs		771	771
Travel and motor expenses			2,565	2,565
Refreshments			6,519	6,519
Professional &	consultancy fees		2,450	2450
Sundry church	expenses		89	89
Bank charges			2,055	2,055
Expensed equipment		and furniture	4,148	4,148
Donations and	gifts		5,197	5,197
Governance costs			3,300	3,300
			37,702	37,702

								2021	2020
								6
	Fees payable	to the Charitable		Company's	independent	examiner for the
	independent	examination	and	preparation	ofthe Charitable		Company's
	annualaccounts							3,300	3,300
10.	Staff costs

			2021	2020
Wages	and	salaries	3,635	6,608
			3,635

		Long-term
	Freehold	leasehold	Motor	Office
	property f	property f	vehicles f	equipment f	Total f
Cost or valuation
At 1 Apnl 2020	1,506,004	187,370	26,750	70,226	1,790,350
Additions				8,974	8,974
At 31 March 2021	1,506,004	187,370	26,750	79,200	1,799,324
Depreciation
At 1 April 2020	330,720	29,976	21,150	58,834	¹40,680
Charge for the year	30,120	3,747	1,403	3,949	39,219
At 31 March 2021	360,840	33,723	22,553	62,783	479,899
Net book value
At 31 March 2021	1,145,164	153,647	4,197	16,417	1,319,425
At31March 2020	1,175,284	157,394	5,500	11,392	1,349,670

	2021f	2020
Due after more than one year
Other debtors		16,000
		16,000
Due within one year
Trade debtors	2311	1,350
Other debtors	66,099	115,311
Tax recoverable	31,720	55,987
	100,130	188,558

		2021	2020
Bank loans		46,224	46,224
Other loans		60,000	50,000
Trade creditors		1,603	1,615
Pension			76
Accruals and deferred	income	3,300	3,300
		101,127	101,275

2021	2020
6	9
621,281	664,725

										2021 8	2020f
Financial	assets
Financial	assets	measured	at	fair	value	through	income	and	expenditure	266,680	109,179

						Balance at
			Balance at 1			31 March
			April 2020	Income	Expenditure	2021
			F	E	6	6
Unrestricted	funds
General Funds - all funds			842,397	296,162	(196,096)	942,463
Restricted funds
Love Your neighbour				86,305	(86,305)
Building fund				5,641	(5,641)
5 and 2			13,256		(2,992)	10,264
Club V (Youth	Project)		93		(93)
TWEM			270	840	(1,110)
Ebube Life fund			570		(570)
Afi'ica Life Development		Program	12,101		(12,101)
Kingdom Kids			1,039		(1,039)
Altar ofGrace			5,247		(5,247)
Lahore Belivers Aid Group			6,374		(6,374)
Sanctuary Team			220		(220)
			39,170	92,786	(121,692)	10,264
Total offunds			881,567	388,948	(317,788)	952,727

					Balance at
		Balance al			31March
		1April 2019	Income	Expenditure	2020
					B
Unrestricted funds
General Funds		795,424	283,625	(236,652)	842,397
Restricted funds
Mission Fund			2,217	(2,217)
Building fund			1,300	(1,300)
5 and 2		12,344	912		13,256
Club V (Youth Project)		93			93
TWEM			2,120	(1,850)	270
Ebube Life fund		570			570
Afdca Life Development	Program	12,101			12,101
Kingdom Kids		1,039			1,039
Altar ofGrace		5,247			5,247
Lahore Belivers Aid Group		7,165		(79'I)	6,374
Grenfell Tower		1,460		(1,460)
Sanctus' Team		220			220
		40,239	6,549	(7,618)	39,170
Total offunds		835,663	290,174	(244,270)	881,567

Summary offunds - current y	ear
				Balance at
	Balance at 1			31 INarch
	April 2020	Income	Expenditure f.	2021f
General funds	842,397	296,162	(196,096)	942,463
Restricted funds	39,170	92,786	(121,692)	10,264
	881,567	388,948	(317,788)	952,727

Summary offunds - prior year
				Balance at
	Balance at			31March
	1April 2019	Income f	Expenditure	2020
General funds	795,424	283,625	(236,652)	842,397
Restricted funds	40,239	6,549	(7,618)	39,170
	835,663	290,174	(244,270)	881,567

Analysis	ofn	et assets between funds - current	year
			Restricted	Unrestricted	Total
			funds	funds	funds
			2021 f	2021	2021 F
Tangible	fixed	assets		1,319,425	1,319,425
Current	assets		10,264	345,446	355,710
Creditors	due	within one year		(101,127)	(101,127)
Creditors	due	in more than one year		(621,281)	(621,281)
Total			10,264	942,463	952,727

					Endowment	Endowment	Restricted	Unrestricted	Total
						funds	funds	funds	funds
						2020f	2020f	2020	2020
	Tangible fixed assets							1,349,670	1,349,670
	Debtors due aher more than one			year				16,000	16,000
	Current assets						39,170	242,667	261,637
	Creditors due within one year					10,861		(112,076)	(101,215)
	Creditors due in more		than one year		(664,/25)				(664,725)
	Other unallocated				653,864			(653,864)
	Total						39,170	842397	881,567
20.	Reconciliation of	net	movement	in funds	to net cash flow from operating			activities
								2021	2020
								6
	Net income forthe	year (as per Statement			of Financial	Activities)		71,160	45,904
	Adjustments for:
	Depreciation charges							39,219	38,341
	Decrease/(increase)	in debtors						88,528	(1,486)
	Decrease in creditors							(88)	(4,519)
	Net cash provided	by operating		acdvities				198,819	78,236
21.	Analysis ofcash and		cash equivalents
								2021 6	2020f
	Cash in hand							255,580	109,179
	Total cash and cash		equivalents					255,580	109,179

		At 1 April		At 31 March
		2020	Cash flows	2021
			F	6
Cash	at bank and in hand	109,179	144,494	253,673
Debt	due within 1 year	(96,300)	(28)	(96,328)
Debt	due after 1 year	(664,725)	68,958	(595,767)
		(651,846)	213,424	(438,422)

						2021	2020
						6	6
Amounts owed	by Resurrection	Life Centre to the charitable		company	—in
other debtors (Note 14)						18,867	66,813
Rent receivable	from Resurrection		Life Centre Ltd (see note	4)		84,000	117,000