| Pages | ||
|---|---|---|
| Trustees' Annual Report |
||
| Independent Examiner's |
Report | |
| Statement of Financial Activities | ||
| Balance Sheet | ||
| Notes tothe Accounts | 10 | |
| Detailed Statement of Financial Activities | 8to9 |
| Statement of forthe year |
Financial Activiti ended 31March |
es 2022 |
||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| funds | funds | Total funds | Total funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| Notes | F. | E | E | E | ||
| Income and | endowments | |||||
| from: | ||||||
| Donations | and legacies | 20,662 | 184,638 | 205,300 | 144,142 | |
| Charitable | activities | 2,245 | 2,245 | |||
| Other | 34,095 | 34,095 | 1,729 | |||
| Total | 57,002 | 184,638 | 241,640 | 145,871 | ||
| Expenditure | on: | |||||
| Charitable | activities | 142,233 | 142,233 | 120,195 | ||
| Other | 22,958 | 22,958 | 13,799 | |||
| Total | 22,958 | 142,233 | 165,191 | 133,994 | ||
| Net gains on | investments | |||||
| Net income | 34,044 | 42,405 | 76,449 | 11,877 | ||
| Transfers between funds | ||||||
| Net income | before other | 34,044 | 42,405 | 76,449 | 11,877 | |
| gains/(losses) | ||||||
| Other gains | and losses | |||||
| Net movement in funds |
34,044 | 42,405 | 76,449 | 11,877 | ||
| Reconciliation offunds: | ||||||
| Total funds brought forward | 99,378 | 7,795 | 107,173 | 95,296 | ||
| Total funds carried forward | 133,422 | 50,200 | 183,622 | 107,173 |
| CALVARY MINISTRIES Balance Sheet at 31 March 2022 |
WORLDWIDE | ||
|---|---|---|---|
| Charity No. 1119161 | 2022 | 2021 2 |
|
| Current assets | |||
| Cash at bank and in hand | 183,622 | 107,173 | |
| 183,622 | 107,173 | ||
| Net current assets | 183,622 | 1073173 | |
| Total assets less current liabilities | 183,622 | 107,173 | |
| Net assets excluding | pension asset or liability | 183,622 | 107,173 |
| Total net assets | 183,622 | 161,123 | |
| The funds ofthe charity | |||
| Restricted funds |
|||
| Restricted income | funds | 50,200 | 7,795 |
| 50,200 | 7,795 | ||
| Unrestricted funds |
|||
| General funds | 112,760 | 99,378 | |
| Designated funds |
20,662 | ||
| 133,422 | 99,378 | ||
| Reserves | |||
| Total funds | 183,622 | 107,173 |
| forthe year ended 3 | 1M | arch 2022 | ||||
|---|---|---|---|---|---|---|
| Unrestricte | Restricted | |||||
| d funds | funds | Total funds | Totai funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| E | E | E | ||||
| Income and endowments | from: | |||||
| Donations and legacies |
||||||
| 20,662 | 20,662 | 14,824 | ||||
| 184,638 | 184,638 | 129,318 | ||||
| 20,662 | 184,638 | 205,300 | 144,142 | |||
| Charitable activities |
||||||
| Outreach | 2,245 | 2,245 | ||||
| 2,245 | 2,245 | |||||
| Other | ||||||
| Sundry Income | 34,095 | 34,095 | 1,729 | |||
| 34,095 | 34,095 | 1,729 | ||||
| Total income and endowments | 57,002 | 184,638 | 241,640 | 145,871 | ||
| Expenditure on: |
||||||
| Charitable activities |
||||||
| Outreach | 142,233 | 142,233 | 120,195 | |||
| 142,233 | 142,233 | 120,195 | ||||
| Total ofexpenditure | on | charitable | 142,233 | 142,233 | 120,195 | |
| activities | ||||||
| Other expenditure | ||||||
| Cost ofCharitable | Activities | 30 | 30 | |||
| 30 | 30 | |||||
| Employee costs | ||||||
| Staff entertainment | 100 | 100 | ||||
| Stafftraining | 215 | 215 | 495 | |||
| Staff welfare | 1,118 | 1,118 | 95 | |||
| 1,433 | 1,433 | 590 | ||||
| Motor and travel costs | ||||||
| Travel and subsistence | 9,008 | 9,008 | 3,124 | |||
| 9,008 | 9,008 | 3,124 | ||||
| General administrative | costs, | |||||
| including depreciation |
and | |||||
| amortisation | ||||||
| Bank charges | 887 | 887 | 1,002 | |||
| Equipment expensed |
46 | 46 | 46 | |||
| General insurances | 730 | 730 | 653 | |||
| Information and publications |
607 | 607 | 38 | |||
| Postage and couriers | 393 | 393 | 416 | |||
| Software, ITsupport |
and related | 2,523 | ||||
| costs |
| CALVARY MINISTRIES WORLDWIDE | ||||
|---|---|---|---|---|
| Detailed Statement ofFinancial Activities | ||||
| Subscriptions Sundry expenses Telephone, fax and broadband |
1,396 1,891 1,237 7,187 |
1,396 1,891 1,237 7,187 |
2,103 1,931 1,373 10,085 |
|
| Legal and professional costs |
||||
| Audit/Independent examination |
800 | 800 | ||
| fees | ||||
| Consultancy fees |
4,500 | 4,500 | ||
| 5,300 | 5,300 | |||
| Total ofexpenditure ofother costs |
22,958 | 22,958 | 13,799 | |
| Total expenditure | 22,958 | 142,233 | 165,191 | 133,994 |
| Net gains on investments | ||||
| 34,044 | 42,405 | 76,449 | 11,877 | |
| Net income | ||||
| Net income before other | 34,044 | 42,405 | 76,449 | 11,877 |
| gains/(losses) | ||||
| Other Gains | ||||
| Net movement in funds |
34,044 | 42,405 | 76,449 | 11,877 |
| Reconciliation offunds: |
||||
| Total funds brought forward | 99,378 | 7,795 | 107,173 | 95,296 |
| Total funds carried forward | 133,422 | 50,200 | 183,622 | 107,173 |
| Fund accoun | Fund accoun | ting | ting | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | funds | These are available for use atthe discretion ofthe trustees in furtherance |
of | the | |||||
| general objects ofthe charity. | |||||||||
| Designated | funds | These are unrestricted funds earmarked by the trustees |
for particular purposes. |
||||||
| Revaluation | funds | These are unrestricted funds which include a revaluation |
reserve representing | the | |||||
| restatement ofinvestment assets at their market values. |
|||||||||
| Restricted | funds | These are available for use subject to restrictions imposed |
by the donor or | through | |||||
| terms ofan appeal. | |||||||||
| Income | |||||||||
| Recognition | of | Income is included in the Statement of Financial Activities |
(SoFA) when the | charity | |||||
| income | becomes entitled to, and virtually certain to receive, the income and the amount of |
||||||||
| the income can be measured with sufficient reliability. |
|||||||||
| Income with | related | Where income has related expenditure the income and |
related expenditure | is | |||||
| expenditure | reported gross in the SoFA. | ||||||||
| Donations | and | Voluntary income received by way ofgrants, donations |
and gifts is included | in | the | ||||
| legacies | the SoFAwhen receivable and only when the Charity has | unconditional entitlement |
|||||||
| to the income. | |||||||||
| Tax reclaims | on | Income from tax reclaims is included in the SoFAat the |
same time asthe | ||||||
| donations | and | gifts | gift/donation to which it relates. |
||||||
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
||||||||
| and facilities | where the benefit tothe Charity is reasonably quantifiable, |
measurable and |
|||||||
| material. | |||||||||
| Volunteer | help | The value ofany volunteer help received is not included |
in the accounts. | ||||||
| Investment | income | This is included in the accounts when receivable. |
|||||||
| Gains/(losses) | on | This includes any gain or loss resulting from revaluing investments to market |
value | ||||||
| revaluation | of | fixed | at the end ofthe year. | ||||||
| assets | |||||||||
| Gains/(losses) | on | This includes any gain or loss on the sale ofinvestments. | |||||||
| investment | assets |
| 2 | Statement | Statement | ofFinancial | Activities - prior year | |||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||||
| 'funds | funds | Total funds | |||||||
| 2021 | 2021 | 2021 | |||||||
| Income and endowments | from: | ||||||||
| Donations | and legacies | 14,824 | 129,318 | 144,142 | |||||
| Other | 1,729 | 1,729 | |||||||
| Total | 16,553 | 129,318 | 145,871 | ||||||
| Expenditure | on: | ||||||||
| Charitable | activities | 120,195 | 120,195 | ||||||
| Other | 13,799 | 13,799 | |||||||
| Total | 13,799 | 120,195 | 133,994 | ||||||
| Net | income | 2,754 | 9,123 | 11,877 | |||||
| Net | income before other | 2,754 | 9,123 | 11,877 | |||||
| gains/(losses) | |||||||||
| Other gains and losses: | |||||||||
| Net | movement | in funds | 2,754 | 9,123 | 11,877 | ||||
| Reconciliation | offunds: | ||||||||
| Total funds brought forward | 70,698 | 24,598 | 95,296 | ||||||
| Total funds carried forward | 73,452 | 33,721 | 107,173 | ||||||
| 3 | Income from donations | and legacies | |||||||
| Unrestricted | Restricted | Total | Total | ||||||
| 2022 | 2021 | ||||||||
| F. | |||||||||
| 20,662 | 20,662 | 14,824 | |||||||
| 184,638 | 184,638 | 129,318 | |||||||
| 20,662 | 184,638 | 205,300 | 144,142 | ||||||
| 4 | Income from charitable | activities | |||||||
| Unrestricted | Total | Total | |||||||
| 2022 | 2021 | ||||||||
| Outreach | 2,245 | 2,245 | |||||||
| 2,245 | 2,245 |
| 5 | Other incom | e | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||||
| 2022 | 2021 | |||||||
| Sundry Income | 34,095 | 34,095 | 1,729 | |||||
| 34,095 | 34,095 | 1,729 | ||||||
| 6 | Expenditure | on charitable | activities | |||||
| Restricted | Total | Total | ||||||
| 2022 | 2021 | |||||||
| Expenditure | on charitable | |||||||
| activities | ||||||||
| Outreach | 142,233 | 142,233 | 120,195 | |||||
| Governance | costs | |||||||
| 142,233 | 142,233 | 120,195 | ||||||
| 7 | Other expenditure | |||||||
| Unrestricted | Total | Total | ||||||
| 2022 | 2021 | |||||||
| Cost ofCharitable | Activities | 30 | 30 | |||||
| Employee costs | 1,433 | 1,433 | 590 | |||||
| Motor and | travel | costs | 9,008 | 9,008 | 3,124 | |||
| General administrative | costs | 7,187 | 7,187 | 10,085 | ||||
| Legal and professional | costs | 5,300 | 5,300 | |||||
| 22,958 | 22,958 | 13,799 |
| s tothe A Movement |
c | counts in funds |
||||
|---|---|---|---|---|---|---|
| Incoming | ||||||
| resources | At31 | |||||
| (including | Resources | March | ||||
| other | expended | 2022 | ||||
| At 1April | gains/losses | |||||
| 2021 | ) | |||||
| f | ||||||
| Restricted | funds: | |||||
| Restricted | income funds: | |||||
| Donations | &Legacies 2 | 7,795 | 184,638 | (142,233) | 50,200 | |
| Total | 7,795 | 184,638 | (142,233) | 50,200 | ||
| Unrestricted | funds: | |||||
| General funds | 99,378 | 36,340 | (22,958) | 112,760 | ||
| Designated | funds: | |||||
| Donations | &Legacies 1 | 20,662 | 20,662 | |||
| Total | 20,662 | 20,662 | ||||
| Totalfunds | 107,173 | 241,640 | (165,191) | 183,622 |
| 10 | Analysis ofnet assets between funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | |||
| E | ||||
| Net current assets | 16,139 | 167,483 | 183,622 | |
| 16,139 | 167,483 | 183,622 | ||
| 11 | Reconciliation ofnet debt | |||
| At 31 | ||||
| At 1April | March | |||
| 2021 | Cash flows | 2022 | ||
| E | E | E | ||
| Cash and cash equivalents | 107,173 | 76,449 | 183,622 | |
| 107,173 | 76,449 | 183,622 | ||
| Net debt | 107,173 | 76,449 | 183,622 |