|||Page| |---|---|---| |Report ofthe Trustees||1to2| |Independent
Examiner's|Report|| |Statement ofFinancial|Activities|| |Balance Sheet||| |Notes tothe Financial Statements||6to9| |Detailed Statement of Financial Activities||10to 11| ## ## ## ## |Rev.|Jobi Koruthu||Vicar and President|| |---|---|---|---|---| |Mrs.|Bindu Mole Skariah||Vice President|| |Mrs.|Mithu Varghese||Secretary|| |Mr.|Alex Lukose||Trustee Finance|| |Mr.|Reji Thankachan||Trustee Accounts|| |Mr.|Binu George||Lay Leader|| |Mr.|Gifson Mathew|Pularickal|Lay Leader|| |Mr.|Alex Lukose||Sabha Mandalam
Representative|| |Mr.|Sam P George||Diocesan Assembly|Representative| |Mr.|Kurian John||Diocesan Assembly|Representative| |Mrs.|Susan KJoy||Choir Representative|| |Mrs.|Alice Lukose||Sunday School Representative|| |Mrs.|Lizamma Baby||Sevika Sangham
Representative|| |Ms.|Caroline Benoy||Youth League Representative|| |Mr.|Jimmy Jacob Thekkekara||Edavaka
Mission|| |Mr.|Mathew Chacko|Alumkal|Area Representative|(Chelmsford)| |Mr.|Shibu Abraham||Area Representative|(Eastham)| |Mrs.|Omana Koshy||Area Representative|(Llford)| |Mr.|Anil Cherian||Area Representative|(North Landon)| |Mr.|Santhosh
George||Area Representative|(Romford)| |Mr.|Philip Varghese||Area Representative|(Harlow)| ## ## ## ## |||for|
the Year|Ended 31 March|2021||| |---|---|---|---|---|---|---|---| |||||||2021|2020| |||||Unrestricted|Restricted|Total funds|Total funds| |||||funds|fund||| ||||Not|E|||| ||||es||||| |INCOIIE AND ENDOWMENTS
Donations and legacies||FROM||50,730||50,730|54,860| |Other activities||||9,400||9,400|14,093| |Other income||||16,039||16,039|34,374| |Total||||76,169||76,169|103,327| |EXPENDITURE ON|||||||| |Charitable
activities
Church Running Costs||||57,160||57,160|72,518| |Other||||3,148||3,148|3,627| |Total||||60,308||60,308|76,145| |NET INCOME||||15,861||15,861|27,182| |RECONCILIATION|OF FUNDS||||||| |Total funds brought forward||||227,399||227,399|200,217| |Transfer between funds|||||||| |TOTAL FUNDS CARRIED FORWARD||||243,260||243,260|227,399| ## ## ||At 3|
1 March 2021|||| |---|---|---|---|---|---| |||||2021|2020| |||Unrestricted|Restricted|Totalfurids|Totalfunds| |||funds|fund||| ||Not||F||| ||es||||| |FIXEDASSETS|||||| |Tangible assets||291,670||291,670|294,818| |CURRENT ASSETS|||||| |Debtors||12,961||12,961|19,959| |Cash at bank and in hand||41,662||41,662|25,141| |||54,623||54,623|45,100| |CREDITORS|||||| |Amounts
falling due within one year||(14,992)||(14,992)|(13,551)| |NET CURRENT ASSETS||39,631||39,631|31,549| |TOTAL ASSETSLESSCURRENT LIABILITIES||331,301||331,301|326,367| |CREDITORS|||||| |Amounts
falling due after more than one year|10|(87,990)||(87,990)|(98,968)| |NET ASSETS||2431311||2434311|227;399| |FUNDS|13||||| |Unrestricted
funds||||243,311|227,399| |Restricted funds|||||| |TOTAL FUNDS||||2431311|227,399| ## ## ## ## |each asset over its estimated
use|ful life.| |---|---| |Freehold property
Fixtures and fittings
Motor vehicles|-not provided
-25%on reducing
balance basis
=25% on reducing balance basis| |Computer
equipment|—33.33%on reducing balance basis| ## ## ## ## ## ## ## ## |TANGIBLE FIXEDASS|ETS|||||||| |---|---|---|---|---|---|---|---|---| |||Freehold|Fixtures and||||Computer|| |||property|fittings||Motor vehicles||equipment|Totals| ||||E|||||| |COST||||||||| |At 1 April 2020||282,282|8,134||12,234||1,589|304,239| |Additions||||||||| |Disposal||||||||| |At 31 March 2021||282,282|8,134||12,234||1,589|304,239| |DEPRECIATION||||||||| |At 1 April 2020
Charge foryear|||6,042
523|||1,952
2,571|1,427
54|9,421
3,148| |Eliminated
on Disposal||||||||| |At 31March 2021|||6,565|||4,523|1,481|12,569| |NET BOOK VALUE||||||||| |At 31 March 2021||282,282|1,569|||7,711|108|291,670| |At 31 March 2020||282,282|2,092||10,282||162|2981,818| |DEBTORS:AMOUNTS|FALLING|DUE WITHIN|ONE YEAR|||||| ||||||||2021|2020| ||||||||F|| |Gift Aid Tax Receivable|||||||8,779|10,325| |Debtors/P repayments|||||||4,182|9,634| ||||||||12;981|19,959| |CASH AT BANK AND|IN HAND|||||||| ||||||||2021|2020| |||General fund|||Restricted|Fund|Total funds|Total funds| |||P||||||E| |Cash in hand||||||||| |Lloyds Account
Barclays Account
CClA-Building
Capital|Fund|41,520
91
51|||||41,520
91
51|24,821
269
51| |Total||41,662|||||41,662|25,141| ## ## ## ## |CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR||| |---|---|---| ||2021|2020| |Bank loans and overdrafts (see note 13)
Social security and other taxes
Creditors 8 Accruals
Provisions
forVicar's transfer Cost|9,844
540
4,608|8,710
549
1,988
2,304| ||14,992|13.551| ## ## |2021|2020| |---|---| |f|E| |87,990|98,968| |||forthe|Year Ended 31 INarch 2021||| |---|---|---|---|---|---| |11.|LOANS||||| ||An analysis|ofthe maturity ofloans is given below:||2021|2020| ||||||F| ||Amounts
falling due within one year on demand:
Bank loans|||9,844|8,710| ||Amounts
falling due in more than five years:||||| ||Repayable
Bank Loan|by instalments:||87,990|98,968| |12.|SECURED|DEBTS|||| ||The following secured debts are included||within creditors:|2021|2020
f| ||Bank loans|||97,834|107,878| ## ||The Bank loan is fully secured
by f
Essex, RM5 2TJ.|The Bank loan is fully secured
by f
Essex, RM5 2TJ.|irst legal charge over the free|hold
property at|154Clock House La|ne, Romford,| |---|---|---|---|---|---|---| |3.|MOVEMENT
IN FUNDS|||||| |||||Net movement|Transfers|| ||||At 1.4.20|in funds
E|between funds|At31.3.21
f| ||Unrestricted
Funds
General fund
Edavaka Mission
Youth League
Sevika Sangam
Sunday School Fund
Church Development
Choir|Fund|220,636
573
391
2,310
46
2,998
445|15,948
70
385
(200)
(291)|(491)
200
291|236,093
573
461
2,695
46
2,998
445| ||||227,399|15,861||243,311| ||Restricted Funds|||||| ||TOTAL FUNDS||227,399|15,912||243,311| ||Net movement
in funds, included||in the above are as follows:|incoming|Resources|Movement
in| |||||resources|expended|funds
f.| ||Unrestricted
funds
General fund
Sevika Sangam
Sunday School Fund|||74,104
1,775
220|(58,156)
(1,390)
(420)|15,948
385
(200)| ||Edavaka Mission
Youth League
Choir|||70
76,169|~291)
60,257|70
~291)
15,912| |||||76,169|60,257|15,912| ||TOTAL FUNDS|||||| |14.|RELATED PARTY DISCLOSURES|||||| ## |Donations and legacies|||| |---|---|---|---| |Stewardship
General
Offertory
Wedding/Birthday
Donations
Recessa/Uposhanam/Diocesan
General Donations
Christmas
Carol
Charity Donations/Spl
Offer
VBSDonations
Other Revenue/Special
Events
Sevika Sangam
Sunday School Income
Church Development
Fund
Gift Aid Tax Refund
Choir
Youth League
Edavaka Mission|Sun|22,852
3,302
2,430
3,578
2,100
1,060
2,892
100
450
1,775
220
9,901
70|18,121
4,312
2,018
2,264
1,462
1,635
6,106
2,086
2,132
1,396
665
1,540
9,926
445
381
371| |||50,730|54,860| |Other trading activities
Fundraising
=Harvest Festival||9,400|14,093| |Other income
Contributions
from churches||16,039|34,374| |Total incoming resources||76,169|103,327| |EXPENDITURE|||| |Charitable
activities|||| |Ministerial
Stipend
Provident
Fund
Travel &Subsistence
Vicarage Expenses
Visiting Clergy, Bishops &Evang
Motor Expenses
Charitable
Donations
Vicars TA for Dio/Centre
Meeting
Church/Hall
Rent
Repairs &Maintenance
Printing,
Postage 8 Stationery
Vicar's Transfer Funds
Sunday School
Harvest Festival
Choir
Recessa,Diocesan &Mandalam
Special Events/Refreshments
Altar Expenses
Immigration
8 Work Permit
Vacation Bible School
Sundry Expenses
Bureau Costs
Sevika Sangam||24,265
469
5,141
361
1,869
1,500
2,330
550
222
6,425
420
291
104
375
119
572
1,390|25,714
306
1,361
5,311
1,315
3,000
3,100
353
3,300
930
366
3,625
1,310
299
500
3,135
93
69
2,571
390
768| ||2021|2020| |---|---|---| |Charitable
activities||| |Brought forward
Youth League
Edavaka Mission
Accountancy|46,403
540|57,816
80
175
450| |Donations
Membership
Fees (COMPE)
Insurance
Bank Loan Interest 8 Charges|4,675
658
4,833|7,405
625
5,967| ||57,109|72,518| |Other
Fixtures and fittings
Motor vehicles
Computer
equipment
Loss on sale ofMotor Car|523
2,571
54|697
1,952
80
898| ||3,148|3,627| |Total resources expended|60,257|76,145| |Net income|15,912|27;182|