2021-03-31-accounts - Transform NE

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Registered		charity	name	name	Bethshan (North	East)
Charity registration			number		1120015
Company	registration			number	06131576
Prtncipal office and offic			registered		Top Club Manor Road
					Washington
					Tyne and Wear
					NE37 3BD
The trustees
					MrSJ Burton
					DrTP Dunnett
					Mr DJSpelman
					MrWCTodd
Company	Secretary				Mr N Anderson
Independent		Examiner			Alison Hensbaw	FCCA
					Somerford Buildings
					Norfolk Street
					Sunderland
					SR1 1EE
Bankers					Lloyds Bank
					54 Fawcett Street
					Sunderland
					SR1 1SF

			2021			2020
		Unrestricted	Designated	Restricted
		funds	funds	funds	Total funds	Total funds
	Note	6	8	8		8
Income and endowments
Donations and legacies	5	26,773			26,773	28,000
Charitable activities	8	320,457	9,416	13,153	343,026	527,354
Investment income	7	2			2
Other income	8	22,800	48,668		71,468	25,475
Total income		370,032	58,084	13,153	441,269	580,829
Expenditure
Expenditure on
charitable activities	9,10	311,306	11,330	7,083	329,719	576,106
Total expenditure		311,306	11,330	7,083	329,719	576,106
Net gains on
investments	12					10,129
Net Income		58,726	46,754	6,070	111,550	14,852
Transfer between funds		12,405	(12,211)	(194)
Transfer to Hopespring
Charity Number 1183771						(17,123)
Net movement In funds		71,131		5,876	111,550	(2,271)
Reconciliation offunds
Total funds broughtfonvard		181,671	25,375	6,949	213,995	216,266
Total funds carried forward		252,802	59,918	12,825	325,545	213,995

STATEMENT OF 31 MARCH 2021	FINANCIAL POSITION
			2021		2020
		Note	6		6
Fixed Assets
Tangible fixed assets		17		265,481	245,919
Investments		18		420,947	420,947
				686,428	666,866
Current Assets
Debtors		19	4,864		15.332
Cash at bank snd in hand			82,911		10,349
			87,775		25,681
Creditors: amounts	falling due within one year	20	35,769		48.536
Net Current Assets				52,006	(22,855)
Total Assets Less Current Llabgltles				738.434	644,011
Creditors: amounts	fsglng due after more than
one year		21		412.889	430.016
Net Assets				325,545	213.995
Funds ofthe Chsrtty
Designated funds				59,918	25,375
Restricted funds				12,825	6,949
Unrestricted funds:
Revaluation			10,129		10,129
General funds			242,673		171,542
Total unrestricted funds			252,802		181,671
Total charity funds				325,545	213,995

		2021	2020
		8	6
Cash Flows from Operating	Activities
Net income		111,550	14,852
Adjustments for.
Depreciation oftangible fixed	assets	9,986	11,009
Net gains on investments			(10,129)
Other interest receivable and	similar income	(2)
Accrued expenses/(income)		233	(2,680)
Changes in:
Trade and other debtors		10,468	(2,474)
Trade and other creditors		(13,491)	13,544
Deferred income			(7,075)
Cash generated from operations		118,744	17,047
Interest received
Net cash from operating activities		118,746	17,047
Cash Flows from Investing	Activities
Purchase oftangible assets		(29,548)	(20,227)
Net cash used in investing activities		(29,548)	(20,227)
Cash Flows from Financing	Activities
Proceeds from borrowings		(16,636)	(17,940)
Net cash used in financing activities		(16,636)	(17,940)
Net Increase/(Decrease) In	Cash and Cash Equivalents	72,562	(21,120)
Transfer to Hopesprlng Charity Number 1183771 Cash and Cash Equivalents at Beginning ofYear		10,349	(17,123) 48,592
Cash and Cash Equivalents	at End ofYear	82,911	10,349

value, ov	er the useful econo	mic life ofthat asset as follows:
Freehold	property	2%straight line
Fixtures	and fittings	25%reducing balance

Donallons and Legacies
	Unrestricted	Restricted	Total Funds
	Funds f	Funds f	2021 f
Donations
Donations	1,773		1,773
Grants
Grants receivable	25,000		25,000
	26,773		26,773
	Unrestricted	Restricted	Total Funds
	Funds f	Funds f	2020 f
Donations
Donations	10,000		10,000
Grants
Grants receivable		18,000	18,000
	10,000	18,000	28,000

Charitable Activities
		Unrestricted	Designated	Restricted	Total Funds
		Funds f	Funds f	Funds f	2021
Tithes and offerings/giff	aid	291.099			291,099
Events
House of Prayer Europe				10,734	10,734
Mother and Baby Home
CAP				1,519	1,519
Hopespring		5,122	9,416		14,538
TLG
Corona Virus Support				900	900
Centre		24,236			24,236
		320,457	9,416	13,153	343.026
		Unrestricted	Designated	Restricted	Total Funds
		Funds f	Funds f	Funds f	2020 f
Tithes and offerings/gift	aid	300,170			300,170
Events		10,194			10,194
House ofPrayer Europe				1,487	1,487
Mother and Baby Home				62,738	62,738
CAP				3,836	3,836
Hopespring				39,459	39,459
TLG				85,118	65,118
Corona Virus Support				225	225
Centre		44,127			44,127
		354,491		172,863	527,354

Unrestricted	Total Funds	Unrestricted	Total Funds
Funds f	2021 f	Funds	2020 f
2	2
	Unrestricted	Designated	Total Funds
	Funds f.	Funds	2021 f
	22,800		22,800
		48,668	48,668
	22,800	48,668	71,468

Other Income	(ccnsnucrg
				Unrestricted	Designated	Total Funds
				Funds f	Funds f	2020 f
Rent Income				20,100		20,100
Property Income					5.375	5,375
				20.100	5,375	25,475
Expenditure	on Charitable	Activities	by Fund Type
			Unrestricted	Designated	Restricted	TotalFunds
			Funds f	Funds f	Funds f	2021 f
Events and conferences			1,023			1,023
Centre			203,278			203,278
TLG
Mother and Baby Home
CAP					5,823	5,823
House of Prayer Europe					135	135
Hopespring
Let's Eat
Coronavirus Support					1,125	1,125
School Meals	& Hopespring	Appeal		10,685		10.685
Top Club Development				645		645
Support costs			107,005			107,005
			311,306	11,330	7,083	329,719
			Unrestricted	Designated	Restricted	Total Funds
			Funds f	Funds f	Funds f	2020 f
Events and conferences			16,737			16,737
Centre			206,131			206,131
TLG					75.787	75,787
Mother and Baby Home					11,976	11,976
CAP					20,222	20,222
House ofPrayer Europe					257	257
Hopes pring					8,037	8,037
Let's Eat					300	300
Coronavirus Support
School Meals	&Hopespring	Appeal
Top Club Development
Support costs			139,719		96,940	236,659
			362,587		213,519	576,106

Expenditure	on Charitable	Activities	by Activity Type
			Activities
			undertaken	Support	Total funds	Total fund
			directly f	costs f	2021 f	2020 f
Events snd	conferences		1,023	40	1,063	16,737
Centre			203,278	62,805	266,083	296,926
TLG				36	36	109,261
Mother and	Baby Home			1.080	1,080	37,303
CAP			5,823		5,823	20,222
House ofPrayer Europe			135		135	257
Hopaspring						46.175
Let's Eat						300
Coronavirus	Support		1,125		1,125
School Meals &Hopespring		Appeal	10,685		10,685
Top Club Development			645		645
Governance	costs			43,044	43,044	48,925
			222,714	107,005	329,719	576,106

12.	Net Gains on		Investments
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds f	2021 f	Funds f	2020 f
	Gains/(losses)		on investment property					10,129	10,129
13.	Net Income
	Net income is		stated after	charging/(crediting):
								2021 f	2020 f
	Depreciadon	oftangible 6xed assets						9,986	11,009
14.	Independent		Examination	Fees
								2021 f	2020 f
	Fees payable		to the independent		examiner for:
	Independent	examination		ofthe financial		statements		4,913	3,900

Staff Costs
The total staff costs and	employee	benefits for the reporting	period are analysed as	follows:
			2021	2020
			6
Wages and salaries			135,953	231,834
Social security costs			11,197	15,501
Employer contributions	to pension	plans	6,705	12,343
			153,855	259.678

Tangible Fixed Assets
	Freehold	Fixtures snd
	property	0tdngs	Total
	L	L	8
Cost
At 1 April 2020	238,670	154,734	393,404
Additions	25,528	4,020	29,548
At 31 March 2021	264,198	158,754	422,952
INpreciation
At 1 April 2020	8,333	139,152	147,485
Charge for the year	5,085	4,901	9,986
At 31March 2021	13,418	144,053	157,471
Carrying amount
At 31March 2021	250,780	14,701	265,481
At 31 March 2020	230,337	15,582	245,919

		Investment
		propertiesf
Valuation
At 1Aprg	2020 and 31March 2021	420,947
Impairment
At 1April	2020 and 31 March 2021
Carrying	amount
At 31 March 2021		420,947
At 31 March 2020		420,947

Debtors
		2021 8	2020 f
Trade debtors			1,000
Other debtors		4,864	14,332
		4,864	15,332
Creditors: amounts	falling due within one year
		2021	2020
		8	8
Bank loans and overdrafts		19,648	19,157
Trade creditors			301
Accruals and defenad	income	4,914	4,681
Social security and other taxes		6,283	3,248
Other creditors		4,924	21,149
		35,769	48,536

Credi	tors:	amo	unts falling due atter more than	one year
				2021	2020
				8	8
Bank	loans	and	overdrafts	412,889	430,016

Unrestricted fun	ds
	At				Gains and	At 31Mar
	1 Apr 2020 f	Income f	Expenditure f	Transfers f	losses f	2021 f
General funds	171,542	370,032	(311,306)	12,405		242,673
General funds-
revaluation	10,129					10,129
	181,671	370,032	(311,306)	12,405		252,802
	At				Gains and	At 31 Mar
	1 Apr 2019 f	Income f	Expenditure f	Transfers f	losses f	2020 f
General funds	72,776	384,591	(362,587)	76,762		171,542
General funds-
revaluation					10,129	10,129
	72,776	384,591	(362,587)	76.762	10,129	181,671

Restricted funds
							At
	At				Gains and	31 Mar 202
	1 Apr 2020 f	Income f	Expenditure f	Transfers f	losses f	f	1
CAP Centre	5,494	1,519	(5,823)	(1,190)
House ofPrayer
Europe	1,230	10,734	(135)	996		12,825
Corona Virus
Support	225	900	(1,125)
	6,949	13,153	(7,083)	(194)		12,825
							At
	At				Gains and	31 Mar 202
	1 Apr 2019 f	Income f	Expenditure f	Transfers f	losses f	f	0
TLG	100,908	65,118	(109,262)	(56,764)
Let's Eat	300		(300)
1989Wlllan
Charitable Trust		5,000	(5.000)
Mother and Baby
Home	19,992	62,738	(37,304)	(45,426)
Joicey Trust Hopesp ring	2,290	3a,4sa	(2,290) (46,175)	6,716
CAP Centre		16,836	(12,931)	t,saa		5,494
House ofPrayer
Europe		1,487	(257)			1,230
Corona Virus
Support		225				225
	123,490	190,863	(213,519)	(93,885)		6,949

misallocated	betwe	en	funds.
Designated	funds
			At				Gains and		At
		1	Apr 2020 f	Income E	Expenditure 5	Transfers 5	losses 8	31	Mar 2021 5
Designated	Fund		25,375	58,084	(11.330)	(12,211)	—		59,918
			At				Gains and		At
		1	Apr 2019 5	Income 5	Expenditure f	Transfers 5	losses 8	31	Mar 2020 f
Designated	Fund		20,000	5,375					25,375

Analysis ofNet A	ss	ets Between Fu	nds
			Unrestricted	Designated	Restricted	TotalFunds
			Funds	Funds	Funds	2021
			8	8	8	8
Tangible fixed assets			265,481			265,481
Investments			420,947			420,947
Current assets			15,032	59,918	12,825	87,775
Creditors less than	1	year	(35,769)			(35,769)
Creditors greater than		1year	(412,889)			(412,889)
Net assets			252,802	59,918	12,825	325,545
			Unrestricted	Designated	Restricted	Total Funds
			Funds 6	Funds 8	Funds f	2020 L'
Tangible fixed assets			245,919			245,919
Investments			420,947			420,947
Current assets			(6,643)	25,375	6,949	25,681
Creditors less than	1	year	(48,536)			(48,536)
Creditors greater than		1 year	(430,016)			(430,016)
Net assets			181,671	25,375	6,949	213,995
Analysis ofChanges		In Net Debt
						At
				At 1 Apr 2020	Cash flows	31Mar 2021
				8	8	6
Cash st bank and in hand				10,349	72,562	82,911
Debt due within one year				(19,157)	(491)	(19.648)
Debt due alter one	year			(430,016)	17,127	(412,889)
				(438,824)	89,198	(349,626)

The	total	future	minimum	lease	payments	under	non-cancellable	operating	kisses	are	ss	follows:
									2021 8			2020 f
									9,255			7,695
									24,069			27,307
									2,006			8,023
									35,330			43,025

operating	leases ar
2021	2020
6	6
2.700	16.600