|||Page|
|---|---|---|
|Report ofthe Trustees||1to7|
|Independent
Examiner's|Report||
|Statement of Financial Activities|||
|Balance Sheet||10|
|Notes to the Financial Statements||11to 18|
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|for the Year Ended 30Septem|ber 2020||||||
|---|---|---|---|---|---|---|
||||||30.9.20|30.9.19|
||||Unrestricted|Restricted|Total|Total|
|||Notes|fund
f|funds
6|funds
6|fundsf|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||666,091|85,665|751,756|768,346|
|Charitable
activities|||||||
|Corporate Worship|||375||375|31,850|
|Other trading
activities|||5,442||5,442|13,548|
|Investment
income|||681|187|868|835|
|Other income|||7,671||7,671|17,688|
|Total|||680,260|85,852|766,112|832,267|
|EXPENDITURE ON|||||||
|Raising funds|||2,643|126|2,769|8,222|
|Charitable
activities|||||||
|Corporate
Worship|||538,124|138,457|676,581|876,382|
|Administration|||30,234||30,234||
|Total|||571,001|138,583|709,584|884,604|
|NET INCOME/(EXPENDITURE)|||109,259|(52,731)|56,528|(52,337)|
|Transfers
between funds||14|(27,008)|27,008|||
|Net movement
in funds|||82,251|(25,723)|56,528|(52,337)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||343,619|1,044,804|1,388,423|1,440,760|
|TOTAL FUNDS CARRIED FORWARD|||425,870|1,019,081|1,444,951|1,388,423|
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||||||30.9.20|30.9.19|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|||Notes|fuiiil|funds
6|fundsf|fundsf|
|FIXEDASSETS|||||||
|Tangible assets||8|374,155|1,673,796|2,047,951|2,121,561|
|CURRENT ASSETS|||||||
|Stocks||9||||1,121|
|Debtors||10|41,868||41,868|35,975|
|Cash at bank and|in hand||151,542|183,706|335,248|195,890|
||||193,410|183,706|377,116|232,986|
|CREDITORS|||||||
|Amounts
falling due within one year|||(141,696)|(60,382)|(202,078)|(169,677)|
|NET CURRENT ASSETS|||51,714|123,324|175,038|63,309|
|TOTAL ASSETS|LESSCURRENT LIABILITIES||425,869|1,797,120|2,222,989|2,184,870|
|CREDITORS|||||||
|Amounts
falling due after more than one year||12||(778,038)|(778,038)|(796,447)|
|NETASSETS|||425,869|1,019,082|1,444,951|1,388,423|
|FUNDS|||||||
|Unrestricted
funds|||||425,869|343,619|
|Restricted funds|||||1,019,082|1,044,804|
|TOTAL FUNDS|||||1,444,951|1,388,423|
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|OTHER TRADING ACTI|VITIES|||
|---|---|---|---|
|||30.9.20
f|30.9.19|
|Shop income
Other trading
activities||5,442|9,676
3,872|
|||5,442|13,548|
|INVESTMENT INCOME||||
|||30.9.20|30.9.19|
|||2|6|
|Deposit account interest||868|835|
|NET INCOME/(EXPENDITURE)||||
|Net income/(expenditure)|is stated after charging/(crediting):|||
|||30.9.20
f|30.9.19
f|
|Independent
Examiners'|Fee|1,800|3,420|
|Depreciation
—owned assets||73,609|82,560|
|Other operating
leases||6,720|9,626|
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|The average
monthly
number ofemployees
durin|g the year was as follows:||
|---|---|---|
||30.9.20|30.9.19|
|Management|1|1|
|Ministry|11|11|
|Administration|8|7|
||20|19|
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|o the Financial Statements
-continued
Year Ended 30 September 2020|o the Financial Statements
-continued
Year Ended 30 September 2020|o the Financial Statements
-continued
Year Ended 30 September 2020|||
|---|---|---|---|---|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||
|||Unrestricted|Restricted|Total|
|||fund|funds|funds|
|||6|6|6|
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies||692,508|75,838|768,346|
|Charitable
activities|||||
|Corporate Worship||3,960|27,890|31,850|
|Other trading
activities
Investment
income||13,548
736|99|13,548
835|
|Other income||17,258|430|17,688|
|Total||728,010|104,257|832,267|
|EXPENDITURE ON|||||
|Raising funds||1,222|7,000|8,222|
|Charitable
activities|||||
|Corporate Worship||709,065|167,317|876,382|
|Total||710,287|174,317|884,604|
|NET INCOME/(EXPENDITURE)||17,723|(70,060)|(52,337)|
|Transfers
between funds||(36,941)|36,941||
|Net movement
in funds||(19,218)|(33,119)|(52,337)|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought
forward||362,837|1,077,923|1,440,760|
|TOTAL FUNDS CARRIED FORWARD||343,619|1,044,804|1,388,423|
|TANGIBLE FIXEDASSETS|||||
||||Improvements||
|||Freehold|to|Plant and|
|||property
6|property
f|machinery
6|
|COST|||||
|At 1 October 2019and 30September 2020||2,212,652|18,920|272,226|
|DEPRECIATION|||||
|At 1 October 2019||220,422|1,892|172,474|
|Charge for year||44,253|1,892|24,938|
|At 30 September 2020||264,675|3,784|197,412|
|NET BOOK VALUE|||||
|At 30 September 2020||1,947,977|15,136|74,814|
|At 30September 2019||1,992,230|17,028|99,752|
##
|TANGIBLE FIXEDASSE|TS - continued||||
|---|---|---|---|---|
|||Fixtures|||
|||and|Computer||
|||fittings
6|equipment
f|Totals
f|
|COST|||||
|At 1 October 2019and 30|September 2020|30,127|27,111|2,561,036|
|DEPRECIATION|||||
|At 1 October 2019||24,700|19,988|439,476|
|Charge for year||1,085|1,441|73,609|
|At 30September 2020||25,785|21,429|513,085|
|NET BOOK VALUE|||||
|At 30September 2020||4,342|5,682|2,047,951|
|At 30September 2019||5,427|7,123|2,121,560|
|STOCKS|||||
||||30.9.20|30.9.19|
||||6|6|
|Stocks||||1,121|
|DEBTORS|||||
||||30.9.20|30.9.19|
||||F||
|Amounts
falling due within|one year:||||
|Other debtors|||10,532|10,031|
|Prepayments
and accrued|income||21,540|25,944|
|Prepayments|||9,471||
||||41,543|35,975|
|Amounts
falling due after more than one year:|||||
|Trade debtors|||325||
|Aggregate
amounts|||41,868|35,975|
|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
||||30.9.20|30.9.19|
|||||6|
|Bank loans and overdrafts|(see note 13)||33,523|29,151|
|Trade creditors|||312|318|
|Social security and other taxes|||12,951|5,405|
|Other creditors|||121,674|122,078|
|Wages control account|||23,453|1,423|
|Pension
control account|||777|1,289|
|Accrued expenses|||9,388|10,013|
||||202,078|169,677|
|
Year Ended 30Septembe|r 2020|r 2020|||||
|---|---|---|---|---|---|---|
|CREDITORS: AMOUNTS|FALLING DUE AFTER||MORE THAN|ONE YEAR|||
||||||30.9.20|30.9.19|
||||||F|6|
|Bank loans (see note 13)|||||778,038|796,447|
|LOANS|||||||
|An analysis
ofthe maturity|of|loans is given below:|||||
||||||30.9.20|30.9.19|
|||||||6|
|Amounts
falling due within|one year on demand:||||||
|Bankloans|||||33,523|29,151|
|Amounts
falling between one||and two years:|||||
|Bank loans
—1-2years|||||31,156|28,848|
|Amounts
falling due between||two and five years:|||||
|Bank loans -2-5 years|||||99,771|92,381|
|Amounts
falling due in more than five years:|||||||
|Repayable
by instalments:
Bank loans more 5 yr by metal|||||647,111|675,218|
|MOVEMENT
IN FUNDS|||||||
|||||Net|Transfers||
||||At|movement|between|Ai|
||||1.10.19|in funds|funds|30.9.20|
||||6|F|6|6|
|Unrestricted
funds|||||||
|General
Fund|||343,619|109,258|(27,008)|425,869|
|Restricted funds|||||||
|Building
Fund|||906,837|(57,591)|36,854|886,100|
|Missions|||3,080|4,151|11,085|18,316|
|Spiwe|||1,651|150|10,862|12,663|
|Straits Community
Church|||100,000|(258)|(10,415)|89,327|
|Grace Building
Fund|||17,028|(1,892)||15,136|
|Whitmore
Reans Community||Project|8,208|2,710|(13,378)|(2,460)|
|Community
Worker
—Telford|||8,000||(8,000)||
||||1,044,804|(52,730)|27,008|1,019,082|
|TOTAL FUNDS|||1,388,423|56,528||1,444,951|
##
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|Net movement|in fu|nds,
includ|ed
in the abov|e are as follows:||||
|---|---|---|---|---|---|---|---|
||||||Incoming|Resources|Movement|
||||||resources
f|expended
8|in funds
8|
|Unrestricted|funds|||||||
|General
Fund|||||680,260|(571,002)|109,258|
|Restricted funds||||||||
|Building
Fund|||||33,380|(90,971)|(57„591)|
|Missions|||||11,978|(7,827)|4,151|
|Spiwe
Straits Community||Church|||1,132
19,938|(982)
(20,196)|150
(258)|
|Grace Building|Fund|||||(1,892)|(1,892)|
|Whitmore
Reans Community|||Project||19,424|(16,714)|2,710|
||||||85,852|(138,582)|(52,730)|
|TOTAL FUNDS|||||766,112|(709,584)|56,528|
|Comparatives|for|movement|in funds|||||
||||||Net|Transfers||
|||||At|movement|between|At|
|||||1.10.18
2|in funds|funds
F|30.9.19
f|
|Unrestricted|funds|||||||
|General
Fund||||362,837|17,723|(36,941)|343,619|
|Restricted funds||||||||
|Building
Fund||||966,750|(96,568)|36,655|906,837|
|Missions||||9,326|(7,660)|1,414|3,080|
|Spiwe||||1,847|1,222|(1,418)|1,651|
|Straits Community||Church||100,000|||100,000|
|Grace Building|Fund||||16,738|290|17,028|
|Whitmore
Reans Community|||Project||8,208||8,208|
|Community
Worker||—Telford|||8,000||8,000|
|||||1,077,923|(70,060)|36,941|1,044,804|
|TOTAL FUNDS||||1,440,760|(52,337)||1,388,423|
##
|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||resources
6|expended|in funds
f|
|Unrestricted|funds||||||
|General
Fund||||728,010|(710,287)|17,723|
|Restricted funds|||||||
|Building
Fund||||21,803|(118,371)|(96,568)|
|Missions||||34,401|(42,061)|(7,660)|
|Spiwe||||1,533|(311)|1,222|
|Grace Building|Fund|||18,630|(1,892)|16,738|
|Whitmore
Reans Community|||Project|17,890|(9,682)|8,208|
|Community
Worker||-Telford||10,000|(2,000)|8,000|
|||||104,257|(174,317)|(70,060)|
|TOTAL FUNDS||||832,267|(884,604)|(52,337)|
|A current year|12m|onths
and|pdior year 12|months
combined
po|sition
is as follow|s:||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
|||||At|movement|between|At|
|||||1.10.18
6|in funds
6|funds
f|30.9.20
6|
|Unrestricted|funds|||||||
|General
Fund||||362,837|126,981|(63,949)|425,869|
|Restricted funds||||||||
|Building
Fund||||966,750|(154,159)|73,509|886,100|
|Missions||||9,326|(3,509)|12,499|18,316|
|Spiwe||||1,847|1,372|9,444|12,663|
|Straits Community||Church||100,000|(258)|(10,415)|89,327|
|Grace Building|Fund||||14,846|290|15,136|
|Whitmore
Reans Community|||Project||10,918|(13,378)|(2,460)|
|Community
Worker||—Telford|||8,000|(8,000)||
|||||1,077,923|(122,790)|63,949|1,019,082|
|TOTAL FUNDS||||1,440,760|4,191||1,444,951|
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|A current year 12 m
as follows:|onths
and|prior year 12 months|combined
net movement
in|funds,
included
in|the above
|
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources
F|expended
f|in funds
6|
|Unrestricted
funds||||||
|General
Fund|||1,408,270|(1,281,289)|126,981|
|Restricted funds||||||
|Building
Fund|||55,183|(209,342)|(154,159)|
|Missions|||46,379|(49,888)|(3,509)|
|Spiwe
Straits Community|Church||2,665
19,938|(1,293)
(20,196)|1,372
(258)|
|Grace Building
Fund
Whitmore
Reans Community||Project|18,630
37,314|(3,784)
(26,396)|14,846
10,918|
|Community
Worker|—Telford||10,000|(2,000)|8,000|
||||190,109|(312,899)|(122,790)|
|TOTAL FUNDS|||1,598,379|(1,594,188)|4,191|
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