2020-12-31-accounts - Heath Evangelical Church Cardiff

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		Page
Report ofthe Trustees		1 to 9
Independent Examiner's	Report	10
Statement of Financial Activities
Balance Sheet		12
Cash Flow Statement		13
Notes to the Cash Flow	Statement	14
Notes to the Financial Statements		15to 26

SUNDAY:				THURSDAY
CHURCH SERVICE 10.45am				Toddler Group (teim-time		Church		Hall)
Morning Sunday Schools (Church	Hall &Annexe)
CHURCH SERVICE6.00 pm				FRIDAY
Informal Fellowship Meeting (Church		Hall)		Internationals English Conversation				Class (one2two)
MONDAY:				Youth Activity Meetings
Missionary Prayer Meeting (Lecture		Room)		4-7years (Church Hall)
Music and Movement for Toddlers	(term-time		Hall)	7-11years (Annexe)
BIBLEStudy 7.30pm (Church Hall)				11-18years (Church Hall)
Home Bible Study Groups 7.30pm	(first Monday ofthe month)			Open House for	Internationals		(one2two)
TUESDAY				Seniors' Lunch
Seniors Coffee Morning (one2two)
International Ladies' Bible Study (one2two)				SATURDAY
Llanishen Youth Activity Meeting (St		Faith's)		Youth Fellowship	Meeting	(14-18years - (one2two)
WEDNESDAY:				Youth Fellowship	Meeting	(18-25one2two)
Women's Bible Class (Church Hall)				Ladies Reading	Group (monthly		-one2two)
PRAYER MEETING (Hall) 7.30pm

							2020	2019
					Unrestricted	Restricted	Total	Total
				Notes	funds f	funds F	funds	funds
INCOME AND	ENDOWMENTS		FROM
Donations and	legacies				336,346	143,479	479,825	455,464
Charitable activities
The promotion	of Christianity				1,758		1,758	29,958
Coffee shop					20,582		20,582	54,948
Investment income					253		253	573
Other income					341		341	9,932
Total					359,280	143,479	502,759	550,875
EXPENDITURE ON
Charitable activities
The promotion	of Christianity				275,855	146,777	422,632	502,894
Coffee shop					54,775	706	55,481	60,062
Total					330,630	147,483	478,113	562,956
NET INCOMEI(EXPENDITURE)					28,650	(4,004)	24,646	(12,081)
RECONCILIATION OF FUNDS
Total funds brought		forward			2,152,728	53,952	2,206,680	2,218,761
TOTAL FUNDS	CARRIED FORWARD				2,181,378	49,948	2.231,326	2,206,680

				2020	2019
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
FIXEDASSETS	Notes	F	6	F
Tangible assets	12	1,843,457		1,843,457	1,849,976
CURRENTASSETS
Debtors Cash at bank and in hand	13	15,377 327739	4,402 45,546	19,779 373285	15,768 346627
		343,116	49,948	393,064	362,395
CREDITORS
Amounts falling due within one year	14	(5,195)		(5,195)	(5,691)
NET CURRENT ASSETS		337921	49948	387 869	356704
TOTAL ASSETS LESSCURRENT LIABILITIES		2,181,378	49,948	2,231,326	2,206,680
NET ASSETS		2 181,378	49948	2 231 326	2 206680
FUNDS	16
Unrestricted funds Restricted funds				2,181,378 49,948	2,152,728 53,952
TOTAL FUNDS				2,231,326	2 208680

						2020	2019
					Notes
Cash flows from operating	activities:
Cash generated from operations						27,235	~6,967)
Net cash provided by (used in) operating			activities			27,235	~6,967)
Cash flows from investing	activities:
Purchase oftangible fixed assets Interest received						(830) 253	(4,302) 573
Net cash provided by (used in) investing			activities			~577)	~3,729)
Change in cash and cash	equivalents	in	the
reporting period Cash and cash equivalents	at the beginning			ofthe		26,658	(10,696)
reporting period						346,627	357,323
Cash and cash equivalents	at the end	of	the
reporting period						373,265	346,627

					2020	2019 f
	Net income/(expenditure)		for the reporting	period (as per the statement of
	financial activities) Adjustments for:				24,646	(12,081)
	Depreciation charges				7,349	9,061
	Interest received				(253)	(573)
	Increase in debtors Decrease in creditors				(4,011) ~496)	(1,405) ~1,969)
	Net cash provided	by (used in) operating		activities	27,235	~6,967)
2.	ANALYSIS OF CHANGES		IN NET FUNDS
				At 1/1/20	Cash flow	At 31/12/20
					F	E
	Net cash
	Cash at bank and in	hand		346,627	26,658	373,285
	Total			346,627	26,658	373,285

							2020	2019
							F
Grants							24,421
Offerings,	covenants,			gift	aid 8 other donations		318,431	315,037
Missionary		account					136,973	140,427
							479825, 455,464
Grants received,			included		in the	above, are as follows:
							2020 f	2019
Cardiff Council -			grant	to support		local business	10,000
Coronavirus		Job	Retention		Scheme		14,421
							24,421

			2020	2019
				F
Deposit account interest			253	573
INCOME FROM CHARITABLE	ACTIVITIES
			2020	2019
	Activity		F	F
Camps income	The promotion	of Christianity		28,085
House party fees	The promotion	of Christianity	1,758	1,873
Coffee shop income	Coffee shop		~20 582	54,948
			22,340	84,906

CHARITABLE	ACTIVITIES COSTS
		Direct costs	Support costs	Totals
		(See note 7) f	(See note 8) F
The promotion	of Christianity	397,544	25,088	422,632
Coffee shop		55,481		55,481
		453,025	25.088	478,113

						2020	2019 f
Staffcosts Staff expenses Insurance, fire and security Missionary support						140,217 914 9,449 160,693	130,738 1,297 7,803 162,276
Telephone Sundries						3,302 4,541	1,088 6,409
Support to Heath Christian Bookshop Trust						9,750	9,750
Discretionary grant payments						11,149	21,196
Heat, light &water rates Repairs and maintenance						12,852 22,544	15,084 43,529
Sunday school and youth work Gospel Support Wales Minibuses						712 500 297	3,383 3,200 1,033
Pulpit supply						5,525	8,015
House party costs Heath camps						2,726 400	1,875 38,510
Catering and hospitality Magazine costs Coffee shop direct costs Coffee shop salaries and wages Coffee shop social security						650 1,834 12,881 37,413 760	2,653 3,377 18,384 32,287 767
Coffee shop pensions Coffee shop heat light &water Media outreach Depreciation						1,446 2,981 2,140 7,349	1,437 6,928 4,456 9,061
						453,025	534.536
Within direct costs are grants	payable of		f11,149.This includes:
						No.	f
Grants payable to individuals Grants payable to institutions						4 10	5,558 5,591
Charitable
Objective Description					Individualsf	Institutionsf	Total
b Hardship relief	UK				2,528		2,528
a Theological training					1,230		1,230
a Evangelical churches		+AECW				5,591	5,591
a Evangelistic activities					300		300
agb Support for former pastors					1,500		1,500
					5,558	5,591	11,149
Examples ofgrants awarded	to institutions		are as	follows:
Organisation		Purpose					f
Beirut Church AECW		Churches Churches		representation representation			2,373 500
EMW		Churches		representation			500
WEST		Churches		representation			500
Christian Institute		Churches		representation			500

					Governance
			Staff costs	Other	costs	Totals
			F			F
The	promotion	ofChristianity	10,673	10,995	3,420	25,088

R	emuneration and ben	efits as employees:
			2020	2019
			F
K	Batstone for pastoral	work	6,932	6,542
A	W Hughes as pastor		34,022	33,519
L	Chorbadjian for pastoral work		25,879	25,497

PREVIOUS YEAR COMPARAT	IVES FOR THE STAT	EMENT OF FINANCIAL ACTI	VITIES
		Unrestricted	Restricted	Total
		funds	funds	funds
			F	F
INCOME AND ENDOWMENTS	FROM
Donations and legacies Charitable activities		305,394	150,070	455,464
The promotion ofChristianity Coffee shop		29,958 54,948		29,958 54,948
Investment income		501	72	573
Other income		9,932		9,932
Total		400,733	150,142	550,875
EXPENDITURE ON
Charitable activities
The promotion of Christianity Coffee shop		357,468 60,062	145,426	502,894 60,062
Total		417,530	145,426	562,956
NET INCOME/(EXPENDITURE)		(16,797)	4,716	(12,081)
RECONCILIATION OF FUNDS
Total funds brought forward		2,169,525	49,236	2,218,761
TOTAL FUNDS CARRIED FORWARD		2,152,725	53,952	2,206,680

TANGIBLE FIXEDASSETS
	Church, hall 8		Fixtures,
	annexe		fittings 8
	buildings f	Manse F	contents E
COST
At 1 January 2020 Additions	1,486,753	350,000	79,764
At 31 December 2020	1,486753	350,000	79,764
DEPRECIATION
At 1 January 2020 Charge for year			78,424 677
At 31 December 2020			79,101
NET BOOK VALUE
At 31 December 2020	1 486753	350000	663
At 31 December 2019	1,486,753	350,000	1,340
	Motor vehides	Equipment	Totals
COST
At 1 January 2020 Additions	19,400	89,534 830	2,025,451 830
At 31 December 2020	19,400	90,364	2,026,281
DEPRECIATION
At 1 January 2020 Charge for year	17,081 580	79,970 6,092	175,475 7,349
At 31 December 2020	17,661	86,062	182,824
NET BOOK VALUE
At 31 December 2020	1,739	4,302	1,843,457
At 31 December 2019	2,319	9,564	1,849,976

2020	2019
	F
5,195	5,691

Minimum lease payments under non-cancellable operating l	eases fall due as follows:
	2020	2019
	E	F
Within one year	1,324	1,324
Between one and five years	331	1,654
	1,655	2,978

			Net movement	Transfers	Transfers
		At 1/1/20	in funds	between	funds	At 31/12/20
			E		F
Unrestricted funds
General fund		299,730	55,499	(19,830)		335,399
Missionary	fund - designated		(19,000)		19,000
Gospel Support Wales Fixed Asset Fund		3,022 1,849,976	(500) ~7,349)		830	2,522 1,843,457
		2,152,728	28,650			2,181,378
Restricted	funds
Missionary	fund	53,952	(4,004)			49,948
TOTAL FUNDS		2,206,680	24,646			2,231,329

Net movement	in funds, includ	ed in the above	are as follows:
				Incoming	Resources	Movement in
				resources f	expended f	funds E
Unrestricted funds
General fund				359,280	(303,781)	55,499
Missionary fund - designated Gospel Support Wales Fixed Asset Fund					(19,000) (500) ~7,349)	(19,000) (500) ~7,349)
				359,280	(330,630)	28,650
Restricted funds
Missionary fund Salaries fund Coffee shop support				141,073 1,700 706	(145,077) (1,700) ~706)	(4,004)
				143,479	(147,483)	(4,004)
TOTAL FUNDS				502759	)478.1) 1)33)	24,646
Comparatives	for movement	in funds
				Net movement	Transfers
			At1/1/19	in funds	between funds	At 31/12/19
						F
Unrestricted Funds
General fund			308,568	13,466	(22,304)	299,730
Missionary fund	- designated			(18,002)	18,002
Gospel Support Wales Fixed Asset Fund			6,222 1,854,735	(3,200) ~9,061)	4,302	3,022 1,849,976
			2,169,525	(16,797)		2,152,728
Restricted Funds
Missionary fund			49,236	4,716		53,952
TOTAL FUNDS			2,218,761	~12,081)		2 206,680