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





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





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||||||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<br>funds|||17||942,463||842397|
|Total funds|||||952,727||881,567|





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|||||2021|2020|
|---|---|---|---|---|---|
|Cash flows from operating|activities|||||
|Net cash used<br>in operating|activities|||198,819|78,238|
|Cash flows from investing|activities|||||
|Purchase oftangible<br>fixed assets||||(8,954)|(4,335)|
|Net cash used in investing|activities|||(8,954)|(4,335)|
|Cash flows from financing|activities|||||
|Repayments<br>of borrowing||||(43,464)|(47,775)|
|Net cash used in financing|activities|||(43,464)|(47,775)|
|Change<br>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||||||





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



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|||||||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|





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|||||||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<br>to|Total|
|||institutions|funds|
|||2020|2020|
|United|Kingdom|68,912|68,912|





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||||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<br>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|





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||||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|





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||||||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<br>costs|||||3,300|3,300|
||||||56,212|56,212|





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|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<br>&|consultancy fees||2,450|2450|
|Sundry church|expenses||89|89|
|Bank charges|||2,055|2,055|
|Expensed<br>equipment||and furniture|4,148|4,148|
|Donations<br>and|gifts||5,197|5,197|
|Governance<br>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||





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|||Long-term||||
|---|---|---|---|---|---|
||Freehold|leasehold|Motor|Office||
||property<br>f|property<br>f|vehicles<br>f|equipment<br>f|Total<br>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|





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|||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|



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|2021|2020|
|---|---|
|6|9|
|621,281|664,725|



## 

|||||||||||2021<br>8|2020f|
|---|---|---|---|---|---|---|---|---|---|---|---|
|Financial|assets|||||||||||
|Financial|assets|measured|at|fair|value|through|income|and|expenditure|266,680|109,179|





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|||||||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<br>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<br>Kids|||1,039||(1,039)||
|Altar ofGrace|||5,247||(5,247)||
|Lahore Belivers Aid Group|||6,374||(6,374)||
|Sanctuary<br>Team|||220||(220)||
||||39,170|92,786|(121,692)|10,264|
|Total offunds|||881,567|388,948|(317,788)|952,727|





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||||||Balance at|
|---|---|---|---|---|---|
|||Balance al|||31March|
|||1April 2019|Income|Expenditure|2020|
||||||B|
|Unrestricted<br>funds||||||
|General Funds||795,424|283,625|(236,652)|842,397|
|Restricted funds||||||
|Mission<br>Fund|||2,217|(2,217)||
|Building<br>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<br>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<br>offunds - current y|ear||||
|---|---|---|---|---|
|||||Balance at|
||Balance at 1|||31 INarch|
||April 2020|Income|Expenditure<br>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<br>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<br>funds - current|year|||
|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2021<br>f|2021|2021<br>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|





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||||||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<br>in more||than one year||(664,/25)||||(664,725)|
||Other unallocated||||653,864|||(653,864)||
||Total||||||39,170|842397|881,567|
|20.|Reconciliation<br>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<br>for:|||||||||
||Depreciation<br>charges|||||||39,219|38,341|
||Decrease/(increase)|in debtors||||||88,528|(1,486)|
||Decrease<br>in creditors|||||||(88)|(4,519)|
||Net cash provided|by operating||acdvities||||198,819|78,236|
|21.|Analysis ofcash and||cash equivalents|||||||
|||||||||2021<br>6|2020f|
||Cash<br>in hand|||||||255,580|109,179|
||Total cash and cash||equivalents|||||255,580|109,179|





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|||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<br>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<br>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|