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2020-08-31-accounts

COMPANY INFO RMATION
FORTHE YEARENDED 31 AUGUST2O2O
Trustees Rev, DGibbs Chqirmon ondSeniorMinister
MrSPqrker
MrSBoose Until l01l0/20
Ms DeborohKelly Until22ll1l2O
MrCArgyrou
Mr GDurcon		 From22111l2Q
From2211112Q
MrPKcpikion Frsm22ll\l2Q
CompanySecretarY Ms.DeborohKelly
KeyStaff Rev, DGibbs SeniorMinister
Governing Document ,MemorandumandArticles of Association dated9Ot
Company Registration Number 5899396
CharityRegisfiationNumber \1 18247
Principal Address 19 Highstone Avenue
London
EII2PP
Registered Office l9Highstone Avenue
London
EI12PP
Independent Examiner Archie McDowallBA, CA
Stewardship
lLamb'sPassage
London
ECl,Y BAB
Bankers NotWest
51-53HighStreet
London ElI2AB
Contents Page
Companylnformation 1
Trustees' AnnualRePort z-5
lndependent Examiner'sRePort 6
StatementofFinancialActivities 7
Balance Sheet 8
Notestothe Accounts 9-t4
DetaitedStatementofFinancial ActivitieswithComparatives I)

Ioral I vLql
UnrestrictedRestricted Funds Funds
Funds Funds 2020 2019
Note
f		 e €
INCOMEANDENDOWMENTS FROM:
Donations and legacies
Charitableactivities		 3
4		 53,267
1,324		 2,970
-		 56,237
ttSL+
lnvestments _LOO 166 186
Total incomeandendowments 54,757 2,97O 57,727 73,?94
EXPENDITURE ONr
Charitableactivities 62,Q12 5,100 68,974
Totalexpenditure 62,,0r2 q 10n 67,Lt2 68,974
Netincome/(exPenditure) /-
A
F
F
\
\/tz)3)		 /?1?nl
-tLrvl		 (v,Jd), 5,020
Transfersbetweenfunds 12
(2,130)		 ^4 an
zttJv
/^
^^F\
\y/56)/		 - (r"385) 5,020
Other recognisedgains/(losses):
Exceptionalitems		 t6
(1,650)		 /16qn\
+/vvv/
#
Netmovementinfunds /11 n?q\
\4'lvvg/		 (1-1,035) 5,020
Reconciliationoffunds:
Totalfunds broughtforward 49,949 49,949 44,929
Total funds carriedfbrward 1)
38.914
:-----		 - 38,914 4qqAg

unrestrlctedFunds UnrestrlctedFunds UnrestrlctedFunds 'Total
6eneralRestricted Fund5
Funds Funds 2019
E
FIXED ASSETS
Tanglble assets		 S40 540
S4O 540
CURRENT A5SET5
Debtors
Ca5hai bank and inhand		 11qq?
43'632		 11,952
43'632
55,584 ' 55,584
CBfDlToRSrAmounts falllng
duewithlnone year 6,175
Netcurrentassets/(llabllltles)
Totalassets lesscurlent llabllltles 49,949 ' 49,949
TOTAL NET ASSETs
TUNDBALANCES
UnrestrictedFunds
ceneralfunds 38,9i3 ._. .49,949
49,949		 - _49,941
49,949
R€strictedFunds

ations andlegacies
U nrestri cted Restricted TotaI TotaI
Funds FUnOS 2020 2019
t f f f
Donations ofcashandsimilar 45,326 2,400 47,726
lncometax recoverable 7,94L 470 8,471 1.r,952
Donations forthirdparties -------::lt 100
---JE9-		 100
--:3'237-		 550
-----6eEL

4 lncome.fromcharitableactivlties .Unrestricted Restricted Restricted Total Iolal
Funds
f		 Funds
f		 7020
L		 2019
t
Churchretreats andevents
Gracechurch Totssubs		 1,324
L324		 -._-.--: #2;
t,324		 2,427
1q10
5 Charitableexpenditure unrestrictedRestricted Iotat IOtat
Funds Funds z0z0
f		 zo!9
E
-
Costsincurreddirectlyon specificactivlties
costsofgeneratingvoluntarylncome
Salaries,traveland expenses
Telephone.andutilities
Giftstospeakers
Cateri ng
Venuehire		 44,357
752
318
338
4,807		 44,357
318
4,807		 43,856
b4b
390
986
8,660
Conferences andtraining or9 ofo 3,622
Mlscellaneousexpenses
Grantspayable (note8c)		 3,647
4,075		 3,647
4,075		 ' 4,040
Donatlonsto thirdpartles 58,910 5,100
5,100		 5,100
64,010		 5s0
66,685
Costsincurredonsupport&administration
Governance costs
lndependent examiner'sfee 860 860 836
Companies House 873 f,J
6t3		 836
Subscriptions andprofessionalfees
Depreciationoftangiblefixedassets
Insurance		 1,686
249
.293.
3,102		 - 1,686
249
294
3'X02		 1,040
tz4
289
2,289
,
Total expenditure 62,012 *j119!- ---67.e-
Grantspayable
GrantsforUKand overseasmission lnstitutions
'
6,205		 Individuals 2020
f
6,20s
#: o,zu2
Thecomparatives fortheprevious yearareasfollowsl lnstitutions lndividuals 2019
E f. E
GrantsforUKand overseasmission 4,040 4,040
____!eN= - 4.040
Thecharity'sprincipal grantsto institutionscomprised: 20zo 2019
f,L
Crosslinks
EurasianMinistries		 2,000
2,000		 2,000
2,000
AllNatiinsClayhall&Barkingside
Grantstoinstitutionsforlessthanf1,000each		 2,130
75
6,205		 40
4,040

sisofstaffcoststhecostofkey management personnelandtrustee remLineration andexpenses
, z0z0 2019
f L
Grosswages andsalaries
Pension costs		 z7,o5t
26,570
6)F\
615
---nill----------ue-
hecharity's keymanagement comprisethe trusteesandthekey
benefitspayabletokeymanagementforthe year wereasfollowsl		 staffnamed onthecompanyInformation page Total empoyment
OtherEmPloYer
Wages&emp'mentPension
salariesbenefitscontribs		 2020
Trustees:
David Gibbs		 27,05t
626______n,gL
27'677
Thefollowingamountswerepayableintheprevious year OtherEmPloYer
Wages&emp'mentPension 20L9
salariesbenefitscontribs €
Trustees:
David Gibbs		 615
26,s70
27,185
_ue

Dehtors 2020 2019
Falling duewithinoneYearl
Tradedebtors d All 11qq?
Gift Aided incometax recoverable
Total debtors __--L4tL-
------gfgl
9 CashatBankandinHand ?020 20r9
f. f-
Cashatbankwithimmediateaccess
Notice deposits(withatermofthreemonths orless)		 ,
&		 6,158
30,680
?6R?R		 13,188
30,444 .
43,632
10 Creditors:liabilities fallingduewithinone year 2020 20r9
t L
Tradecreditors
Taxationand socialsecuritY
Accruals		 480
997		 504
t,67r
Grantobligations 4,000 4,000
lncometax underGift Aidschemeoverclaimed in previousyears r,o3u
@.		 6,L7s

The Trustees hovedesignciedo"
NotionsCloyholl ondBorkingside		 GiftDoy
church,		 "fund,Theproceedsfromthi
o newchurch plcnt in cnoreo		 sfundwere usedinFY20tomoke odonotio
neorwonstead.		 sfundwere usedinFY20tomoke odonotio
neorwonstead.		 sfundwere usedinFY20tomoke odonotio
neorwonstead.		 n ioAll
OpeningIncoming
balanceTesources
2020
2020		 OutgoingTransfersGains and
resourcesintheyear
losses
2020
2020
2020
€ff.		 Lrosrng
balance
2020
I
6enerol UnrestrictedFunds 49,949
53,107		 (62,otz) (2,130)
Total UnrestrictedFunds :-- 4s,s4g s3,107 (62,012) (2,130) 38,914
Restricted Funds
DonationstothirdParties 100 (1oo)
GiftDayfund 2,870 (s,o0o) 2,r30
'
2,970		 /q1nn\
\J/rvw/		 ?1.30
Aggregate offunds --
::		 49,949
56,077
#._:		 (67,7ru 38,914

Inthepreviousyearthemovement sinthe charlty'sfundswereasfollow charlty'sfundswereasfollow s: s:
OpeningIncoming
balancereSources
2019
2019
.C
LL		 OutgoingTransfers
resourcesintheyear
2019
z0t9
Ff		 Gains and
losses
?nlo
t		 Closing
balance
2019
f
GenerdlUnrestrictedFu nds 44,929 74,074 (68,994) 4qq4q
Total UnrestrictedFunds 44,929 74,014 l6Rqq4) 49,949
Restilcted Funds
Donations tothirdParties 5s0 (5so)
-
- 550 (sso)
#-
Aggregateof funds 44,929 74,564 (69,544) 49,949

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