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||||||Page||
|---|---|---|---|---|---|---|
|Report ofthe Trustees||||I|to|4|
|Independent<br>Examiner's||Report|||||
|Statement ofFinancial||Activities|||||
|Balance Sheet||||7|to|8|
|Notes to the Financial|Statements|||9|to|16|
|Detailed Statement of|Financial||Activities|17|to|18|





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|for the Year Ended||31|March 2021|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||31.3.21|31.3.20|
|||||||Unrestricted|Restricted|Total|Total|
|||||||funds|funds|funds|funds|
||||||Notes|||||
|INCOME AND ENDOWMENTS||||FROM||||||
|Donations<br>and legacies||||||320,534|71,976|392,510|407,145|
|Charitable<br>activities||||||||||
|Conferences &Events||||||8||8|9,901|
|Rent Income||||||950||950|2,760|
|MCO Cafe||||||70||70|5,192|
|Small Wonders|||||||176|176|12,112|
|Total||||||321,562|72,152|393,714|437,110|
|EXPENDITURE||ON||||||||
|Charitable<br>activities||||||||||
|Conferences &Events||||||248||248|11,885|
|Christians<br>Against||Poverty||||5,600|1,087|6,687|6,764|
|Children &Youth||||||5,497|43|5,540|6,900|
|School ofMinistry||Expenses|||||1,723|1,723|9,181|
|Support Costs||||||227,274|41,685|268,959|330,150|
|Grants Payable||||||1,998||1,998|730|
|Cost ofActivities||||||185|3,722|3,907|2,718|
|MCO Cafe||||||95||95|2,529|
|Missions|||||||34,545|34,545|33,802|
|Small Wonders|||||||3,521|3,521|11,252|
|Global||||||43,000|4,061|47,061|14,926|
|Here to help|||||||5,717|5,717||
|Souter Charitable|Trust||||||3,024|3,024||
|Total||||||283,897|99,128|383,025|430,837|
|NET INCOME/(EXPENDITURE)||||||37,665|(26,976)|10,689|6,273|
|Transfers<br>between||funds|||12|(35,090)|35,090|||
|Net movement<br>in||funds||||2,575|8,114|10,689|6,273|
|RECONCILIATION|||OF FUNDS|||||||
|Total funds brought|||forward|||99,637|553,714|653,351|647,078|
|TOTAL FUNDS|CARRIED FORWARD|||||102,212|561,828|664,040|653,351|





|Balance Sheet||||||
|---|---|---|---|---|---|
|31 March 2021||||||
|||||31.3.21|31.3.20|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes||f|||
|FIXEDASSETS||||||
|Tangible assets|6|969,165|600,579|1,569,744|1,606,760|
|CURRENT ASSETS||||||
|Debtors|7|6,238||6,238|6,342|
|Cash at bank and in hand||19,379|29,915|49,294|29,636|
|||25,617|29,915|55,532|35,978|
|CREDITORS||||||
|Amounts<br>falling due within one year|8|(75,071)|(1)|(75,072)|(72,496)|
|NET CURRENT ASSETS||(49,454)|29,914|(19,540)|(36,518)|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||919,711|630,493|1,550,204|1,570,242|
|CREDITORS||||||
|Amounts<br>falling due after more than one year|9|(817,498)|(68,666)|(886,164)|(916,891)|
|NET ASSETS||102,213|561,827|664,040|653,351|
|FUNDS|12|||||
|Unrestricted<br>funds||||102,213|99,637|
|Restricted<br>funds||||561,827|553,714|
|TOTAL FUNDS||||664,040|653,351|





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||||31.3.21|31.3.20|
|---|---|---|---|---|
||||f||
|Depreciation|- owned|assets|37,016|37,367|



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|STAFFCOSTS|||||||
|---|---|---|---|---|---|---|
|The average monthly|number ofemployees||during|the year was as follows:|||
||||||31.3.21|31,3,20|
|Staff|||||11|10|
|No employees<br>received emoluments||in excess off60,000.|||||
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL AC11VITIES|||||||
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||f|f.||
|INCOME AND ENDOWMEIVTS||FROM|||||
|Donations<br>and legacies||||336,267|70,878|407,145|
|Charitable<br>activities|||||||
|Conferences &Events||||9,901||9,901|
|Rent Income<br>MCO Cafe||||2,760<br>5,192||2,760<br>5,192|
|Small Wonders||||12,112||12,112|
|Total||||366,232|70,878|437,110|
|EXPENDITURE ON|||||||
|Charitable<br>activities|||||||
|Conferences &Events||||11,885||11,885|
|Christians<br>Against Poverty<br>Children &Youth<br>School ofMinistry<br>Expenses<br>Support Costs||||5,298<br>5,275<br>278,130|1,466<br>1,625<br>9,181<br>52,020|6,764<br>6,900<br>9,181<br>330,150|
|Grants Payable||||730||730|





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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||f|I||
||||484|2,234|2,718|
||||2,529||2,529|
|||||33,802|33,802|
||||11,252||11,252|
|||||14,926|14,926|
||Total||315,583|115,254|430,837|
||NET INCOME/(EXPENDITURE)||50,649|(44,376)|6,273|
||RECONCILIATION|OF FUNDS||||
||Total funds brought forward||48,988|598,090|647,078|
||TOTAL FUNDS CARRIED FORWARD||99,637|553,714|653,351|
|6.|TANGIBLE FIXEDASSETS|||||
|||||Fixtures||
||||Freehold|slid||
||||property|fittings|Totals|
||||||6|
||COST|||||
||At<br>1 April 2020 and 31 March 2021||1,798,144|34,936|1,833,080|
||DEPRECIATION|||||
||At 1 April 2020||195,596|30,724|226,320|
||Charge for year||35,963|1,053|37,016|
||At 31 March 2021||231,559|31,777|263,336|
||NET BOOK VALUE|||||
||At 31 March 2021||1,566,585|3,159|1,569,744|
||At 31 March 2020||1,602,548|4,212|1,606,760|





|7.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||31.3.21|31.3.20|
||Gift Aid Recoverable|4,555|5,194|
||Prepayments|1,683|1,148|
|||6,238|6,342|
||CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|||31.3.21|31.3.20|
|||f|f|
||Bank loans and overdra(ts (see note 10)|66,454|66,454|
||Trade creditors|356|356|
||Social security and other taxes|1,678|1,678|
||Other creditors|390|225|
||Accrued expenses|6,194|3,783|
|||75,072|72,496|
||CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR|||
|||31.3.21|31.3.20|
||Bank loans (see note 10)|846,164|846,891|
||Other loans (see note 10)|40,000|70,000|
|||886,164|916,891|



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|||31.3.21|31.320|
|---|---|---|---|
|Bank|loans|912,618|f<br>913,345|





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|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.4.20|in funds|funds|31.3.21|
||||||f.||
|Unrestricted|funds||||||
|General fund|||99,637|37,666|(35,090)|102,213|
|Restricted<br>funds|||||||
|Building Fund|||543,562|(39,001 )|31,300|535,861|
|CAP|||2,952|3,449||6,401|
|Mozambique|||657|1,961||2,618|
|Other|||2,372|1,005|(28)|3,349|
|Small Wonders||||(3,345)|3,790|445|
|LSM|||1,661|87||1,748|
|India||||(9,479)|10,479|1,000|
|Global|||2,510|13,029|(10,718)|4,821|
|Youthworker||||125||125|
|Mere to help||||3,567|215|3,782|
|Loving Our City||||1,567||1,567|
|Children's<br>Ministry||||82|28|110|
|Souter Charitable||Trust||(24)|24||
||||553,714|(26,977)|35,090|561,827|
|TOTAL FUNDS|||653,351|10,689||664,040|
|Net movement|in|funds, included|in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|||||||f,|
|Unrestricted|funds||||||
|General fund||||321,562|(283,896)|37,666|
|Restricted<br>funds|||||||
|Building<br>Fund||||558|(39,559)|(39,001)|
|CAP||||4,536|(1,087)|3,449|
|Mozambique||||16,450|(14,489)|1,961|
|Other||||4,727|(3,722)|1,005|
|Small Wonders||||176|(3,521)|(3,345)|
|LSM||||1,810|(1,723)|87|
|India||||10,577|(20,056)|(9,479)|
|Global||||19,217|(6,188)|13,029|
|Youthworker||||125||125|
|Here to help||||9,284|(5,717)|3,567|
|Loving Our City||||1,567||1,567|
|Children's<br>Ministry||||125|(43)|82|
|Souter Charitable||Trust||3,000|(3,024)|(24)|
|||||72,152|(99,129)|(26,977)|
|TOTAL FUNDS||||393,714|(383,025)|10,689|





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||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.4.19|in funds|funds|31.3.21|
|||||f|||f|
|Unrestricted||funds||||||
|General fund||||48,988|88,315|(35,090)|102,213|
|Restricted|funds|||||||
|Building Fund||||583,859|(79298)|31,300|535,861|
|CAP||||2,643|3,758||6,401|
|Mozambique||||1,841|777||2,618|
|Missions||||5,158|(5,158)|||
|Other||||1,566|1,811|(28)|3,349|
|Small Wonders|||||(3,345)|3,790|445|
|LSM||||1,450|298||1,748|
|India||||223|(9,702)|10,479|1,000|
|Global||||1,350|14,189|(10,718)|4,821|
|Youthworker|||||125||125|
|Here to help|||||3,567|215|3,782|
|Loving Otu|City||||1,567||1,567|
|Children's<br>Ministry|||||82|28|110|
|Souter Charitable|||Trust||(24)|24||
|||||598,090|(71,353)|35,090|561,827|
|TOTAL FUNDS||||647,078|16,962||664,040|





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|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
||||6|f|
|Unrestricted<br>funds|||||
|General<br>fund||687,794|(599,479)|88,315|
|Restricted funds|||||
|Building Fund<br>CAP||8,665<br>6,311|(87,963)<br>(2,553)|(79,298)<br>3,758|
|Mozambique||42,019|(41,242)|777|
|Missions|||(5,158)|(5,158)|
|Other||11,383|(9,572)|1,811|
|Small Wonders<br>LSM||176<br>11,202|(3,521)<br>(10,904)|(3,345)<br>298|
|India<br>Global<br>Youthworker||10,577<br>36,971<br>1,750|(20,279)<br>(22,782)<br>(1,625)|(9,702)<br>14,189<br>125|
|Here to help||9,284|(5,717)|3,567|
|Loving Our City<br>Children's<br>Minisny<br>Souter Charitable<br>Trust||1,567<br>125<br>3,000|(43)<br>(3,024)|1,567<br>82<br>(24)|
|||143,030|(214,383)|(71,353)|
|TOTAL FUNDS||830,824|(813,862)|16,962|



## 



|Detailed Statement|ofFinancial Activities|||
|---|---|---|---|
|for tbe Year Ended|31March 2021|||
|||31.3.21|31.3.20|
|INCOME AND ENDOWMENTS||||
|Donations and legacies||||
|Donations||327,778|345,922|
|Gilt aid||57,381|61,223|
|Grants||7,351||
|||392,510|407,145|
|Charitable<br>activities||||
|Conference Income||8|9,901|
|Rent Received||950|2,760|
|MCO Cafe||70|5,192|
|Small Wonders||176|12,112|
|||1,204|29,965|
|Total incoming<br>resources||393,714|437,110|
|EXPENDITURE||||
|Charitable<br>activities||||
|Events &Conferences||248|13,691|
|Children & Youth||5,540|5375|
|CAP Expenses||6,687|6,764|
|Evangelism<br>&Outreach||185|187|
|Missions to Mozambique<br>School ofMinistry<br>Expenses<br>MCO Expenses||14,489<br>1,723<br>95|26,753<br>9,181<br>2,529|
|Media<br>Small Wonders||3,521|2,073<br>11,252|
|Mission to India<br>Other<br>Here to Help<br>Souter Charitable<br>Trust<br>Global||20,056<br>3,722<br>5,717<br>3,024<br>2,061|6,826<br>6,569|
|Grants to institutions||1,998|730|
|||69,066|91,830|
|Support costs||||
|Management||||
|Wages||133,590|104,039|
|Pensions<br>Rates and water<br>Insurance<br>Light and heat||3,373<br>4,451<br>12,059|1,556<br>1,677<br>5,237<br>10,509|
|Telephone<br>Carried forward||1,450<br>154,923|1,130<br>124,148|





|||31.3.21|31.3.20|
|---|---|---|---|
||||f|
|Management||||
|Brought forward||154,923|124,148|
|Postage and|stationery|3,160|1,428|
|Sundries|||7|
|Independent|Examiner's Fees|1,501|1,501|
|Ministry Fees &Expenses||55,874|94,022|
|Travel, training &Staff Expenses||1,253|2,538|
|Design, Print|&Promotion|6,268|6,282|
|Repairs &Maintenance||18,119|27,358|
|Expensed Equipment||4,933|4,471|
|Hospitality &Refreshments||303|3,120|
|Subscriptions|&Licences|2,771|2,204|
|Professional|Fees|360||
|Sunday Operations<br>Depreciation oftangible and heritage assets||2,015<br>37,016|3,966<br>37,367|
|||288,496|308,412|
|Finance||||
|Bank charges||1,720|600|
|Mortgage||23,743|29,995|
|||25,463|30,595|
|Total resources|expended|383,025|430,837|
|Net income||10,689|6,273|