**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: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. 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 4. 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 - (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... Page 9 **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... Page 10 **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... Page 11 **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... Page 12 **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... Page 13 **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... Page 14 **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)| |---|---| Page 15 continued... **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. Page 16