REGISTERED COMPANY NUMBER: 6794709 (England and Wales) REGISTERED CHARITY NUMBER: 1127987
REPORT OF THE TRUSTEES AND
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021
FOR
THE BIG CHURCH DAY OUT
Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
THE BIG CHURCH DAY OUT
CONTENTS OF THE CONSOLIDATED FINANCIAL STATEMENTS for the Year Ended 30 June 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Consolidated Statement of Financial Activities | 4 |
| Consolidated Balance Sheet | 5 |
| Charity Balance Sheet | 6 |
| Consolidated Cash Flow Statement | 7 |
| Notes to the Consolidated Cash Flow Statement | 8 |
| Notes to the Consolidated Financial Statements | 9 to 16 |
THE BIG CHURCH DAY OUT
REPORT OF THE TRUSTEES for the Year Ended 30 June 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
Principal Activity
Our charity's purposes as set out in the objects contained in the company's memorandum of association are the advancement of the Christian faith through open air music and performance events. The Big Church Day Out is an event that both celebrates the UK Church's unity, and in many ways also demonstrates its diversity.
Friendly, inclusive and relaxed, the event is open to everyone, regardless of whether they are part of a church or not, or what type of church that may be. The Big Church Day Out is about people of faith, evangelism, music and worship, activities, families and just being together.
Our partners include numerous organisations and local churches and supporters from across the UK and beyond, who share a common desire to serve the church. Individuals, church leaders, whole churches and other Christian communities including many Christian Charities give their time and expertise to bring the Big Church Day Out to life each year. The event provides a chance for Christians to see that they are part of a bigger family, to meet that family and to be inspired by it. Likewise, those who serve sacrificially and endlessly in their local church communities throughout the rest of the year, here can find space to relax and celebrate life. Through focused times of worship and prayer, the Big Church Day Out seeks to affect the lives of individuals, and to influence the spiritual atmosphere of the region, and those regions to which visitors return afterwards. The Big Church Day Out aims to create a unique opportunity in the UK for many worship leaders, musicians and artists from across the world, to be enjoyed at one single event. It also aims to encourage and expose creativity through providing a platform for many to share their talents and gifts.
Striving for excellence in everything it does, the Big Church Day Out hopes to showcase the very best that the church has to offer, be it through music, vision or family. Likewise, the event provides an opportunity to promote social justice and mission issues, by giving a platform to various organisations including multiple Christian Charities, and allowing them to engage a wider audience in their visions, and to increase their supporter bases.
Through these components, the Big Church Day Out aims to demonstrate the life and vibrancy within the UK church, and to demonstrate the love of God to everyone it touches. It also hopes that this story, that of the church being very much alive, will not only be told by those who attend, but also told through mainstream media opportunities to a watching world.
Public benefit
The Trustees have considered the Charity Commission guidance on public benefit and consider that the activities of the charity meet its charitable objectives and provide a benefit to the public.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
This year, due to the effects of the global COVID pandemic and the UK government's withdrawal of permission for large gatherings to take place, the Trustees took the decision to postpone the 2021 event. Due to the continued support of ticket holders and partners the charity has been able to continue and team and trustees remain more committed than ever to the original vision of BCDO; that through creating a space for unity, worship and evangelism, the Big Church Day Out might be a light on a hill for the church in the UK for a long time to come.
Therefore we will continue to throw all our efforts into planning the next event and developing the site at Wiston House over the next year and look forward to welcoming people from all over the UK on the May Bank Holiday weekend on 3rd and 4th of June 2022!.
FINANCIAL REVIEW
Principal funding sources
We are a not for profit event, and are blessed with key supporters, who have invested heavily in the vision of the Big Church Day Out. That vision sees us reaching out to as many of God's people as we can, which is why we are able to offer our ticket prices so heavily subsidised. Our ticket revenues cover around two thirds of the event cost, with concessions, sponsors & donors meeting the cost shortfall. The cancellation of the 2020 event left BCDO in a position of needing to raise further funding in the short term to cover operational and production costs. This additional funding has been managed by reducing the charity's own costs and through the generosity of numerous donors and the support of ticketholders.
In addition to the effect of COVID on our live event at Wiston House, the Big Church Live events, operated through our wholly owned subsidiary Big Church Live Limited, were also impacted by the COVID pandemic and all events were also cancelled.
Page 1
THE BIG CHURCH DAY OUT
REPORT OF THE TRUSTEES for the Year Ended 30 June 2021
FINANCIAL REVIEW
Reserves policy
The trustees have examined the charity's requirements for reserves in light of the main risks to the organisation following the COVID pandemic. The trustees are pleased to report that BCDO remains in a sound and viable position to move forward and have managed the reserves to do so.
FUTURE PLANS
The trustees and wider BCDO team are now throwing all their efforts into planning the next event and developing the site at Wiston House to welcome people from all over the UK on the May Bank Holiday weekend on 3rd and 4th of June 2022!.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
All the trustees are already familiar with the practical work of the charity. Any new trustees will be invited and encouraged to attend training sessions to familiarise themselves with the charity and the context within which it operates.
The organisation is a charitable company limited by guarantee, incorporated on 19 January 2009 and registered as a charity. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.
All of the directors give their time voluntarily and received no benefits from the charity. All payments made to related parties of the directors and key management are shown as a note to the accounts.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
6794709 (England and Wales)
Registered Charity number
1127987
Registered office
62 The Street Rustington West Sussex BN16 3NR
Trustees
L Hills G Kibble G Spicer
Independent Examiner
Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
EVENTS SINCE THE END OF THE YEAR
Information relating to events since the end of the year is given in the notes to the financial statements.
Apr 29, 2022 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
Leigh Hills Leigh Hills (Apr 29, 2022 11:09 GMT+1).............................................................................. L Hills - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BIG CHURCH DAY OUT
Independent examiner's report to the trustees of The Big Church Day Out ('the Company')
I report to the charity trustees on my examination of the consolidated accounts of the Company for the year ended 30 June 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Institute of Chartered Accountants in England and Wales which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
mwbrindley
mwbrindley (Apr 29, 2022 11:41 GMT+1)
Maurice Brindley BSc FCA Institute of Chartered Accountants in England and Wales Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
Date: ............................................. Apr 29, 2022
Page 3
THE BIG CHURCH DAY OUT
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the Year Ended 30 June 2021
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Charitable activities 5 Big Church Day Out Events Big Church Live & Arkyard Events Investment income 3 Other income Total EXPENDITURE ON Raising funds 5 Charitable activities 6 Big Church Day Out Events Big Church Live & Arkyard Events Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 153,947 3,590 8,425 33 81,224 247,219 1,229 261,398 10,668 273,295 (26,076) (395,694) (421,770) |
Restricted funds £ - - - - - - - - - - - 2,900 2,900 |
30.6.21 Total funds £ 153,947 3,590 8,425 33 81,224 247,219 1,229 261,398 10,668 273,295 (26,076) (392,794) (418,870) |
30.6.20 Total funds £ 449,941 10 26,286 286 105,639 582,162 3,405 735,916 27,281 766,602 (184,440) (208,354) (392,794) |
|---|---|---|---|---|
The notes form part of these financial statements
Page 4
THE BIG CHURCH DAY OUT (REGISTERED NUMBER: 6794709) CONSOLIDATED BALANCE SHEET
30 June 2021
| Notes FIXED ASSETS Tangible assets 12 CURRENT ASSETS Debtors 13 Cash at bank and in hand CREDITORS Amounts falling due within one year 14 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 15 NET ASSETS/(LIABILITIES) FUNDS 17 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted fund £ 13,577 93,127 391,438 484,565 (21,607) 462,958 476,535 (898,305) (421,770) |
Restricted funds £ - - 2,900 2,900 - 2,900 2,900 - 2,900 |
30.6.21 Total funds £ 13,577 93,127 394,338 487,465 (21,607) 465,858 479,435 (898,305) (418,870) (421,770) 2,900 (418,870) |
30.6.20 Total funds £ 21,055 160,498 509,077 669,575 (65,315) 604,260 625,315 (1,018,109) (392,794) (395,694) 2,900 (392,794) |
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.
The members have not required the company to obtain an audit of its consolidated financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies Act 2006.
-
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing consolidated financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These consolidated financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The consolidated financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: Apr 29, 2022
Leigh Hills (Apr 29, 2022 11:09 GMT+1) ~~......................~~ Leigh Hills .......................
L Hills - Trustee
The notes form part of these financial statements
Page 5
THE BIG CHURCH DAY OUT (REGISTERED NUMBER: 6794709)
CHARITY BALANCE SHEET 30 June 2021
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 12 13,577 CURRENT ASSETS Debtors 13 156,588 Investments 200 Cash at bank and in hand 357,580 514,368 CREDITORS Amounts falling due within one year 14 (20,292) NET CURRENT ASSETS 494,076 TOTAL ASSETS LESS CURRENT LIABILITIES 507,653 CREDITORS Amounts falling due after more than one year 15 (884,855) NET ASSETS/(LIABILITIES) (377,202) FUNDS Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - - 2,900 2,900 - 2,900 2,900 - 2,900 |
30.6.21 Total funds £ 13,577 156,588 200 360,480 517,268 (20,292) 496,976 510,553 (884,855) (374,302) (377,202) 2,900 (374,302) |
30.6.20 Total funds £ 21,055 165,656 200 428,149 594,005 (44,690) 549,315 570,370 (917,835) (347,465) (350,365) 2,900 (347,465) |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.
The members have not required the company to obtain an audit of its consolidated financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies Act 2006.
-
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing consolidated financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to consolidated financial statements, so far as applicable to the charitable company.
These consolidated financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The consolidated financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: Apr 29, 2022
Leigh Hills (Apr 29, 2022 11:09 GMT+1) ~~......................~~ Leigh Hills ....................... L Hills - Trustee
The notes form part of these financial statements
Page 6
THE BIG CHURCH DAY OUT
CONSOLIDATED CASH FLOW STATEMENT for the Year Ended 30 June 2021
| Notes Cash flows from operating activities Cash generated from operations 1 Interest paid Net cash provided by/(used in) operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received Net cash used in investing activities Cash flows from financing activities Loan value donated during the year Net cash (used in)/provided by financing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
30.6.21 £ (114,522) (1,103) (115,625) - 33 33 - - (115,592) 509,077 393,485 |
30.6.20 £ 404,675 (3,141) 401,534 (13,434) 286 (13,148) (30,000) (30,000) 358,386 150,691 509,077 |
|---|---|---|
The notes form part of these financial statements
Page 7
THE BIG CHURCH DAY OUT
NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT for the Year Ended 30 June 2021
1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| Net (expenditure)/income for the reporting period (as per the Consolidated Statement of Financial Activities) Adjustments for: Depreciation charges Interest received Interest paid Decrease/(increase) in debtors Increase/(decrease) in creditors Net cash provided by/(used in) operations 2. ANALYSIS OF CASH AND CASH EQUIVALENTS Notice deposits (less than 3 months) Overdrafts included in bank loans and overdrafts falling due within one year Total cash and cash equivalents 3. ANALYSIS OF CHANGES IN NET FUNDS |
30.6.21 £ (26,076) 7,479 (33) 1,103 67,369 (164,364) (114,522) 30.6.21 £ 394,338 (853) 393,485 |
30.6.20 £ (184,440) 5,348 (286) 3,141 162,667 418,245 404,675 30.6.20 £ 509,077 - 509,077 |
|---|---|---|
| At 1.7.20 | Cash flow | At 30.6.21 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank and in hand | 509,077 | (114,739) | 394,338 |
| Bank overdraft | - | (853) | (853) |
| 509,077 | (115,592) | 393,485 | |
| Debt | |||
| Debts falling due after 1 year | (120,000) | - | (120,000) |
| (120,000) | - | (120,000) | |
| Total | 389,077 | (115,592) | 273,485 |
The notes form part of these financial statements
Page 8
THE BIG CHURCH DAY OUT
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS for the Year Ended 30 June 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements and assessment of going concern
The consolidated financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The consolidated financial statements are presented in sterling (£).
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Critical accounting judgements and key sources of estimation uncertainty
In preparing consolidated financial statements it is necessary to make certain judgements, estimated and assumptions that affect the amounts recognised in the financial statements. The following judgements and estimates are considered by the trustees to have most significant effect on amounts recognised in the financial statements.
Useful economic life of tangible fixed assets:
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.
Income
All income is recognised in the Consolidated Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
- Computer equipment - 20% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Debtors
Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.
Cash at bank and in hand
Cash at bank and in hand includes cash, current bank accounts and deposit bank accounts with no withdrawal limitations.
Creditors
Creditors are recognised where then charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
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THE BIG CHURCH DAY OUT
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued for the Year Ended 30 June 2021
1. ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Consolidated Statement of Financial Activities in the period to which they relate.
2. DONATIONS AND LEGACIES
3.
| Donations Gift aid Grants Grants received, included in the above, are as follows: Lancaster Foundation Imagine The Day Stewardship Jerusalem Trust Rowney Trust Souter Charitable Trust INVESTMENT INCOME Deposit account interest |
30.6.21 £ 23,947 - 130,000 153,947 30.6.21 £ 30,000 100,000 - - - - 130,000 30.6.21 £ 33 |
30.6.20 £ 68,161 1,780 380,000 449,941 30.6.20 £ 50,000 200,000 50,000 50,000 20,000 10,000 380,000 30.6.20 £ 286 |
|---|---|---|
continued...
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THE BIG CHURCH DAY OUT
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued for the Year Ended 30 June 2021
4. INCOME FROM CHARITABLE ACTIVITIES
| Activity Ticket Income Big Church Day Out Events Merchandise Big Church Day Out Events Ticket Income Big Church Live & Arkyard Events Merchandise Big Church Live & Arkyard Events Arkyard Royalties Big Church Live & Arkyard Events 5. RAISING FUNDS Raising donations and legacies Catering, marketplace & merchandise Fundraising costs Other trading activities Bad debts Aggregate amounts 6. CHARITABLE ACTIVITIES COSTS Big Church Day Out Events Big Church Live & Arkyard Events 7. SUPPORT COSTS Management £ Big Church Day Out Events 178,262 Big Church Live & Arkyard Events 3,017 181,279 |
Direct Costs £ 77,175 5,922 83,097 Finance £ - 465 465 |
|
|---|---|---|
continued...
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THE BIG CHURCH DAY OUT
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued for the Year Ended 30 June 2021
8. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 30.6.21 | 30.6.20 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 7,478 | 5,349 |
| Independent Examination | 2,500 | 4,800 |
9. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2021 nor for the year ended 30 June 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2021 nor for the year ended 30 June 2020.
Key management
The trustees consider the Key Management to be the Event Manager and the Promoter.
During the year the Trustees and Key Management received £nil (2020: £nil) for services relating to those of the management of the charity.
During the year the Trustees and Key Management received a number of free tickets. These were for the further advancement of the Charitable Activities.
10. STAFF COSTS
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: All Staff |
30.6.21 £ 113,256 8,897 1,881 124,034 30.6.21 1 |
30.6.20 £ 243,019 16,213 3,428 |
|---|---|---|
| 262,660 | ||
| 30.6.20 11 |
No employees received emoluments in excess of £60,000.
| 11. COMPARATIVES FOR THE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 414,940 35,001 Charitable activities Big Church Day Out Events 10 - Big Church Live & Arkyard Events 26,286 - Other trading activities 286 - Other income 105,639 - Total 547,161 35,001 |
Total funds £ 449,941 10 26,286 286 105,639 582,162 |
|---|---|
continued...
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THE BIG CHURCH DAY OUT
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued for the Year Ended 30 June 2021
| 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fund funds £ £ EXPENDITURE ON Raising funds 3,405 - Charitable activities Big Church Day Out Events 684,688 51,228 Big Church Live & Arkyard Events 27,281 - Total 715,374 51,228 NET INCOME/(EXPENDITURE) (168,213) (16,227) RECONCILIATION OF FUNDS Total funds brought forward (227,481) 19,127 TOTAL FUNDS CARRIED FORWARD (395,694) 2,900 12. TANGIBLE FIXED ASSETS – GROUP & PARENT COST At 1 July 2020 Additions At 30 June 2021 DEPRECIATION At 1 July 2020 Charge for year At 30 June 2021 NET BOOK VALUE At 30 June 2021 At 30 June 2020 13. DEBTORS Group Group Charity 30.6.21 30.6.20 30.6.21 £ £ £ Trade debtors 15,810 13,444 15,810 Other debtors 2,864 114 2,864 VAT 898 - 1,348 Prepayments 73,555 146,940 62,245 93,127 160,498 85,267 Amounts falling due after more than one year Inter-Company Loan - - 71,321 93,127 160,498 156,588 |
Total funds £ 3,405 735,916 27,281 766,602 (184,440) (208,354) (392,794) Computer equipment £ 32,551 - 32,551 11,496 7,478 18,974 13,577 21,055 Charity 30.6.20 £ 13,445 184 - 122,465 136,094 29,569 165,656 |
|---|---|
continued...
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THE BIG CHURCH DAY OUT
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued for the Year Ended 30 June 2021
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Group Group 30.6.21 30.6.20 £ £ Bank loans and overdrafts (see note 16) 853 - Trade creditors 13,038 15,488 Social security and other taxes 1,223 5,904 VAT - 39,862 Other creditors - 1,107 Accrued Expenses 6,493 2,954 21,607 63,315 15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Group Group 30.6.21 30.6.20 £ £ Other loans (see note 16) 120,000 152,000 Accruals and deferred income 778,305 898,109 898,305 1,018,109 |
Charity 30.06.21 £ 853 12,624 1,223 - 100 5,492 20,292 Charity 30.06.21 £ 120,000 764,855 884,855 |
Charity 30.6.20 £ - 9,627 5,904 26,099 1,107 1,953 44,690 Charity 30.6.20 £ 120,000 797,835 917,835 |
|---|---|---|
Deferred income represents ticketing income for the cancelled 2020 event that ticket holders had chosen not to be refunded but carried forward until the next event, together with amounts paid in advance for the 2022 event. Therefore, these amounts will be recognised as income in the year ended 30 June 2022.
16. LOANS – GROUP & PARENT
An analysis of the maturity of loans is given below:
| Amounts falling due within one year on demand: Bank overdrafts Amounts falling due between two and five years: Other loans - 2-5 years 17. MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Big Church Youth TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
At 1.7.20 £ (395,694) 2,900 (392,794) Incoming resources £ 247,219 247,219 |
30.6.21 30.6.20 £ £ 853 - 120,000 120,000 Net movement At in funds 30.6.21 £ £ (26,076) (421,770) - 2,900 (26,076) (418,870) Resources Movement expended in funds £ £ (273,295) (26,076) (273,295) (26,076) |
|---|---|---|
continued...
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THE BIG CHURCH DAY OUT
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued for the Year Ended 30 June 2021
17. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net movement At 1.7.19 in funds £ £ Unrestricted funds General fund (227,481) (168,213) Restricted funds Big Church Youth 19,127 (16,227) TOTAL FUNDS (208,354) (184,440) Comparative net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 547,161 (715,374) Restricted funds Big Church Youth 35,001 (51,228) TOTAL FUNDS 582,162 (766,602) A current year 12 months and prior year 12 months combined position is as follows: Net movement At 1.7.19 in funds £ £ Unrestricted funds General fund (227,481) (194,289) Restricted funds Big Church Youth 19,127 (16,227) TOTAL FUNDS (208,354) (210,516) A current year 12 months and prior year 12 months combined net movement in funds, included in the above ar Incoming Resources resources expended £ £ Unrestricted funds General fund 794,380 (988,669) Restricted funds Big Church Youth 35,001 (51,228) TOTAL FUNDS 829,381 (1,039,897) |
At 30.6.20 £ (395,694) 2,900 (392,794) Movement in funds £ (168,213) (16,227) (184,440) At 30.6.21 £ (421,770) 2,900 (418,870) e as follows: Movement in funds £ (194,289) (16,227) (210,516) |
|---|---|
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THE BIG CHURCH DAY OUT
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued for the Year Ended 30 June 2021
18. RELATED PARTY DISCLOSURES
During the year the following payments were made to related parties.
Tinbath Limited, to whom the Promoter is a director, £28,845 (2020: £180,703) for services relating to promotion. H Jupp, the son of the Promoter, £Nil (2020: £8,934) remuneration for site work
E Jupp the daughter-in-law of the Promoter, £5,422 (2020: £Nil) remuneration for site work
R Vickery Brown, the daughter of the Promoter, £14,449 (2020: £20,780) remuneration for employment as a member of office staff.
M Jupp, the daughter of the Promoter, £Nil (2020: £11,005) for photography and video services.
Mozaic Innovate, to whom G Kibble is a director, £Nil (2020: £444) for Financial Support Services.
19. POST BALANCE SHEET EVENTS
Due to the Covid-19 outbreak the 2021 event has been cancelled with any tickets purchased either deferred to the 2022 event, refunded or gifted back to the Charity.
The Trustees have raised funding through generous donations from key individuals and trusts to underwrite any losses made by this cancelation and ensuring the going concern of the Charity.
20. GUARANTEE STATUS
The liability of the members is limited. Each member of the charity undertakes to contribute such amounts as may be required (not exceeding £1) to the Charity's assets of it should be wound up while he or she is a member.
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