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2021-12-31-accounts

Page
Legal and Administrative Information
Trustees'
Annual
Report
Independent
Auditor's		 Report
Statement
of Financial		 Activities 12
Statement
of Financial		 Position 13
Cash Flow Statement 14
Notes to the Financial Statements 15

The Trustees and Directors
Antony Bladen
Andrew
Dougherty
Christopher
Jones		 Resigned 18/01/2022
lan Scholes
Derek Smith
Penny Clarke Appointed 24/06/2022
Senior Pastors Derek 8 Georgina Smith
Company secretary Penny Clarke
Primary Bankers Barclays Bank UK PLC
1 - 5 Market Street
Bolton
BL1 1BU
Auditor Mark Heaton
KM Chartered Accountants
1st Floor, Block C
The Wharf
Manchester
Road
Burnley
BB111JG
Solicitors Aughton
Ainsworth
2 Merchants
Quay
Salford
M50 3XR

2021 2020
Unrestricted Restricted Total
Funds Funds Funds Total funds
Note
Income
Donations
and legacies		 854,583 79,987 934,570 826,526
Charitable
activities		 7,343 7,343 8,666
Trading activities 174,492 174,492 115,526
Total Income 1,036,418 79,987 1,116,405 950,719
Expenditure
Expenditure on charitable activities 1,024,885 102,460 1,127,345 911,978
Governance costs 6,734 6,734 2,982
Total Expenditure 1,031,619 102,460 1,134,079 914,960
Net income I(expenditure)
gains I(losses)		 before 4,799 (22,473) (17,674) 35,759
Gain/(loss) on revaluation of property (18,000) — (18,000)
Net income I(expenditure) (13,201) (22,473) (35,674) 35,759
Net income and net movement in funds
Total funds brought forward 14 619,723 87,179 706,902 671,143
Transfers 14 43,165 (43,165)
Total funds carried forward 14 649,687 21,541 671,228 706,902

2021 2020
Note
Fixed Assets
Tangible Assets 9 1,117,175 927,514
1,117,175 927,514
Current assets
Debtors 10 81,755 107,572
Cash at bank and
in		 hand 72,706 61,455
154,461 169,027
Creditors: amounts falling due within one year 11 150,778 74,565
Net current assets 3,683 94,462
Creditors: amounts falling after one year 449,630 315,074
Net assets 15 671,228 706,902
Funds ofthe charity
Restricted funds 14 21,541 87,179
Unrestricted funds
Unrestricted General 14 87,193 253,441
Revaluation Reserve 332,000 350,000
Designated funds 230,494 16,282
649,687 619,723
Total charity funds 671,228 706,902

2021 2020
f E
Cash flows from operating activities:
Net cash provided
by (used		 in) operating activities 114,512 206,427
114,512 206,427
Cash flows from investing activities:
Dividends
and interest
Purchase oftangible
fixed assets		 (312,605) (127,229)
Net cash provided
by (used		 in) investing activities (312,605) (127,229)
Cash flows from financing activities:
Repayments
on borrowing		 (57,449) (61,242)
Cash inflows from new borrowing 266,794
Net cash provided
by (used		 in) financing activities 209,344 (61,242)
Change
in cash and cash equivalents
in		 the reporting period 11,251 17,956
Cash and cash equivalents at the beginning ofthe reporting period 61,455 43,499
Cash and cash equivalents at the end of the reporting period 72,706 61,455
Reconciliation
of net movement
in funds		 to net cash flowfrom operating activities
2021 2020
f
Net movement
in funds for the reporting
statement
offinancial
activities)		 period (as per the (17,674) 35,761
Adjustments
for:
Depreciation
charges		 104,943 112,392
Dividends
and interest from		 investments
(Increase)
/ decrease
in debtors		 25,818 50,895
Increase
/ (decrease)
in creditors		 1,425 7,380
Net cash provided
by (used		 in) operating activities 114,512 206,427
Analysis ofcash and cash equivalents
2021 2020
f
Cash at bank 72,706 61,455
Total cash and cash equivalents 72,706 61,455

ver their e xoected useful econ omic lives as follo ws:
Land and Buildings 2% Straight line
Fixtures and Fittings 25% Straight line
Equipment 25% Straight line
Leasehold Improvements Depreciated over the life ofthe leasehold

o tes to the tes to the Financial Statements
2 Analysis of Income
Unrestricted Restricted Total
Funds Funds Funds 2021
E F
Donations and legacies
Donations 644,236 4,027 648,263
Gift Aid 117,565 117,565
Grants 92,782 75,960 168,742
854,583 79,987 934,570
Charitable activities
Hospitality and cafe income 1,181 1,181
Events and activities income 5,672 5,672
Courses and training 490 490
7,343 7,343
Trading Activities
Rental income 102,782 102,782
Room hire 71,710 71,710
174,492 174,492
Investment income
Bank Interest
Total Income 1,036,418 79,987 1,116,405

tes to the tes to the Financial Stateme nts
Analysis of income (comparative period)
Unrestricted Restricted Total
Funds Funds Funds 2020
f F
Donations and legacies
Donations 549,987 11,320 561,307
Gift Aid 126,193 126,193
Grants 82,476 56,550 139,026
758,656 67,870 826,526
Charitable activities
Hospitality and cafe income 3,512 3,512
Events and activities income 3,498 3,498
Courses and training 1,656 1,656
8,667 8,666
Trading Activities
Rental income 40,278 40,278
Room hire 75,248 75,248
115,526 115,526
Investment income
Bank Interest
Total Income 882,849 67,870 950,718

Unrestricted Restricted Total
Funds Funds Funds 2021
F f
Premises costs 429,833 60,014 489,847
Administration costs 148,509 1,011 149,520
Mission expenses 442,954 39,641 482,595
Training
and		 development 3,589 1,794 5,383
1,024,885 102,460 1,127,345
Unrestricted Restricted Total
Funds Funds Funds 2020
E f
Premises costs 404,819 17,002 421,821
Administration costs 153,858 750 154,608
Mission expenses 326,313 79 326,392
Training
and		 development 6,783 2,374 9,157
891,772 20,205 911,978

Governance costs
Unrestricted Restricted Total
Funds Funds Funds 2021
E
Governance Costs 6,734 6,734
6,734 6,734
Unrestricted Restricted Total
Funds Funds Funds 2020
F
Governance Costs 2,982 2,982
2,982 2,982

2021 2020
F
Independent
statements		 examination and preparation ofthe financial 2,400
Statutory audit ofthe financial statements 3,000

2021 2020
F
Wages and salaries 378,452 263,055
Social security costs 21,940 15,201
Employer contributions to pension plans 10,293 8,610
410,685 286,866
The average head count ofemployees during the year was as follows:
2021 2020
Number ofstaff members 25 18

Land and Fixtures and
Buildings Fittings Equipment Total
E F
Costs
At 1 January 2021 759,720 147,248 403,920 1,310,887
Additions 286,131 20,315 6,158 312,605
Revaluation (18,000) (18,000)
At 31 December 2021 1,027,850 167,563 410,078 1,605,492
Depreciation
At 1 January 2021 51,313 121,837 210,223 383,374
Charge 25,289 13,549 66,105 104,943
At 31 December 2021 76,602 135,386 276,329 488,317
Net Book Value
At 31 December 2021 951,248 32,177 133,750 1,117,175
At 1 January 2021 708,407 25,411 193,696 927,514

2021 2020
F
Trade Debtors 11,948 5,327
Accrued
Income		 10,320 24,310
Other Debtors 59,487 77,936
81,755 107,572
Creditors: amounts falling due within one year
2021 2020
F
Trade Creditors 10,565 10,739
Accruals 5,400 2,400
Bank borrowings and other loans 73,226 5,028
Obligations
under		 finance leases and hire purchase contracts 61,587 54,996
Deferred income 1,401
Other Creditors
150,778 74,565
Creditors: amounts falling after one year
2021 2020
f F
Bank Loans 343,653 141,570
Obligations
under		 finance leases and hire purchase contracts 105,977 173,504
449,630 315,074

2021 2020
f f
Bank loan mortgage commitments 351,050 144,003
Obligations under finance leases and hire purchase contracts 167,564 228,500
518,614 372,504
The total future minimum lease payments under finance leases and
hire		 purchase
con
follows:
2021 2020
f f
Not later than 1 year 61,587 54,996
Later than 1 year and not later than 5years 105,977 173,504
167,564 228,500
Month of Carrying
Nominal Monthly final amount as at
interest rate repayment instalment 31 Dec 21
f
Blackpool mortgage 6.95 1,505 Jun 2046 210,794
Wigan mortgage 3.75 756 Jul 2045 140,256

14 Analysis ofCharitable Funds
Unrestricted
Funds
1 Jan 21 Income Expenditure Transfers Gains/Losses
F		 31Dec 21
f
Unrestricted
General 253,441 1,036,418 (1,006,751) (195,915) 87,193
Revaluation
Reserve		 350,000 (18,000)
603,441 1,036,418 (1,006,751) (195,915) (18,000) 419,193
Designated
Funds
Projects, Missions and
Events		 16,282 (24,868) 38,348 29,762
Fixed Asset Reserve 200,732 200,732
16,282 (24,868) 239,080 230,494
Total Unrestricted 619,723 1,036,418 (1,031,619) 43,165 (18,000) 649,687
Restricted
Funds
Awards
For AII		 7,548 (5,067) 1,808 4,289
All Churches
Trust		 16,719 7,750 (5,206) (14,085) 5,178
Blackpool Building 9,856 (4,676) (5,180)
Community
Grocery		 10,100 7,627 (17,727) 56 56
Rank Foundation 25,000 (25,000)
Garfield Weston 10,000 (8,380) (1,620)
Sydney and Sheila
McGhee Charitable		 7,500 (4,418) 350 3,432
Bolton CVS Summer
Holiday Activities		 14,910 (14,641) 201 . 470
Other small 42,956 7,200 (17,345) (24,695) 8,116
Total 87,179 79,987 (102,460) (43,165) 21,541
Total Funds
Total 706,902 1,116,405 (1,134,079) (18,000) 671,228

ar Ended
tes to the		 31stDece
Financial		 mber 2021
Statements
Unrestricted Funds
1 Jan 20 Income Expenditure Transfers Gains/Losses 31 Dec 20
F F
Unrestricted
General 271,010 866,788 (884,357) 253,441
Revaluation Reserve 350,000 350,000
621,010 866,788 (884,357) 603,441
Designated Funds
Projects, Missions and
Events		 10,617 16,062 (10,397) 16,282
Fixed Asset Reserve
10,617 16,062 (10,397) 16,282
Total Unrestricted 631,627 882,850 (894,754) 619,723
Restricted Funds
Awards For All 9,665 (2,117) 7,548
All Churches Trust 25,000 (8,281) 16,719
Blackpool Building 10,000 (145) 9,855
Community Grocery 10,100 10,100
Other small
funds		 immaterial 39,514 13,105 (9,662) 42,957
Total 39,514 67,870 (20,205) 87,179
Total Funds
Total 671,141 950,720 (914,959) 706,902

Unrestricted Restricted Total Funds
Funds Funds 2021
E
Fixed Assets 1,117,175 1,117,175
Current Assets 132,920 21,541 154,461
Creditors less than 1 year (150,778) (150,778)
Creditors greater than 1 year (449,630) (449,630)
649,687 21,541 671,228
Unrestricted Restricted Total Funds
Funds Funds 2020
F F f
Fixed Assets 927,514 927,514
Current Assets 81,847 87,179 169,027
Creditors less than 1 year (74,565) (74,565)
Creditors greater than 1 year (315,074) (315,074)
619,723 87,179 706,902

2021 2020
15,945 12,134
2021
No later than 1 year 283,461
Later than 1 year but less than 5years 1,143,724
Later than 5 years 3,390,467
4,817,652

2020
Unrestricted Restricted Total
Funds Funds Funds
F f
Income
Donations
and legacies		 758,656 67,870 826,526
Charitable
activities		 8,667 8,667
Trading
activities		 115,526 115,526
Other income
Total Income 882,850 67,870 950,720
Expenditure
Expenditure on charitable activities 891,772 20,205 911,977
Governance costs 2,982 2,982
Total Expenditure 894,754 20,205 914,959
Net income I(expenditure) (11,904) 47,665 35,761
Net income and net movement in funds
Total funds brought forward 631,627 39,514 671,141
Transfers
Total funds carried forward 619,723 87,179 706,902