| Pages | ||
|---|---|---|
| Trustees' Annual Report |
2to 6 | |
| Independent Examiner's |
Report | |
| Statement of Financial Activities | ||
| Balance Sheet | ||
| Notes to the Accounts | 10to 17 | |
| Detailed Statement of Financial Activities | 18to 19 |
| Charity No. 1129382 Trustees |
Charity No. 1129382 Trustees |
Charity No. 1129382 Trustees |
|||||||
|---|---|---|---|---|---|---|---|---|---|
| The following trustees served during the year: | |||||||||
| G. Brew | |||||||||
| FL Chitauro | (Church Treasurer) | ||||||||
| J.Danquah | (Resigned | 31January 2022) | |||||||
| D. Davies | |||||||||
| P. Davies | (Secretary | to the Church Council) | |||||||
| S.Day | Superintendent hurch in Britain |
Minister ofthe Croydon Circuit and Chair of the Managing |
ofthe Methodist Trustees from 9 |
||||||
| March 2022) | |||||||||
| G. Delopp | |||||||||
| L.Desporte | |||||||||
| M. Dilys-Amuah | |||||||||
| D.A. Ewusi | |||||||||
| G. Fraser | (Safeguarding Officer) |
||||||||
| M. Griffiths | (Appointed | 12January | 2021; Resigned 31August | 2021) | |||||
| M. McCallum | |||||||||
| D. Nartey | |||||||||
| G. Nartey | |||||||||
| L. Njomo | |||||||||
| u Odei- Bosompem | |||||||||
| D.Okyere | |||||||||
| C.Rochester-Peart | |||||||||
| N. Wilkinson | (Chair ofthe Managing | Trustees, | Resigned 8 March 2022) |
| forthe year | ended 31August | 2021 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| funds | funds | Total funds | Total funds | |||
| 2021 | 2021 | 2021 | 2020 | |||
| Notes | f | E | E | |||
| Income and | endowments | |||||
| from: | ||||||
| Donations | and legacies | 23,004 | 23,004 | 32,263 | ||
| Charitable | activities | 19,056 | 13,372 | 32,428 | 74,016 | |
| Investments | 8,931 | 8,931 | 10,006 | |||
| Grants and | Other income | 25,519 | 59,389 | &4,908 | 89,410 | |
| Total | 76,510 | 72,761 | 149,271 | 205,695 | ||
| Expenditure | on: | |||||
| Charitable | activities | 30,454 | 179 | 30,633 | 38,885 | |
| Other | 61,485 | 62,044 | 123,529 | 156,010 | ||
| Total | 91,939 | 62,223 | 154,162 | 194,895 | ||
| Net gains on | investments | |||||
| Net (expenditure)/income | (15,429) | 10,538 | (4,891) | 10,800 | ||
| Transfers between funds |
||||||
| Net (expenditure)/income before other gains/(losses) |
(15,429) | 10,538 | (4,891) | 10,800 | ||
| Other gains and losses | ||||||
| Net movement in funds |
(15,429) | 10,538 | (4,891) | 10,800 | ||
| Reconciliation offunds: | ||||||
| Total funds brought forward | 1,501,331 | 25,395 | 1,526,726 | 1,515,926 | ||
| Total funds carried forward | 1,485,902 | 35,933 | 1,521,835 | 1,526,726 |
| Charity No. 11293 | 82 | 2021 | 2020 | |
|---|---|---|---|---|
| 6 | 6 | |||
| Fixed assets | ||||
| Tangible assets | 11 | 1,502,895 | 1,505,343 | |
| 1,502,895 | 1,505,343 | |||
| Current assets | ||||
| Debtors | 12 | 7,814 | 8,130 | |
| Cash at bank and in hand | 29,266 | 33,913 | ||
| 37,080 | 42,043 | |||
| Creditors: Amount | falling due within one year | 13 | (18,140) | (13,660) |
| Net current assets | 18,940 | 28,383 | ||
| Total assets less current liabilities | 1,521,835 | 1,533,726 | ||
| Creditors: Amounts | falling due after more than one year | 14 | (7,000) | |
| Net assets excluding pension asset or liability | 1,521,835 | 1,526,726 | ||
| Total net assets | 1,521,835 | 1,526,726 | ||
| The funds ofthe charity | ||||
| Restricted funds | 15 | |||
| Restricted income funds |
35,933 | 25,395 | ||
| 35,933 | 25,395 | |||
| Unrestricted funds |
15 | |||
| General funds | (14,098) | 1,331 | ||
| (14,098) | 1,331 | |||
| Reserves | 15 | |||
| Revaluation reserve |
1,500,000 | 1,500,000 | ||
| 1,500,000 | 1,500,000 | |||
| Total funds | 1,521,835 | 1,526,726 |
| 2 | Stateme | nt of F | inancial | Activities - prior | year | |||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||||
| funds | funds | Tote I funds | ||||||
| 2020 | 2020 | 2020 | ||||||
| Income and | endowments | from: | ||||||
| Donations and |
legacies | 31,980 | 283 | 32,263 | ||||
| Charitable activities |
39,887 | 34,129 | 74,016 | |||||
| Investments | 9,979 | 27 | 10,006 | |||||
| Other | 19,410 | 70,000 | 89,410 | |||||
| Total | 101,256 | 104,439 | 205,695 | |||||
| Expenditure | on: | |||||||
| Charitable activities |
60,621 | 64,527 | 125,148 | |||||
| Other | 35,649 | 34,098 | 69,747 | |||||
| Total | 96,270 | 98,625 | 194,895 | |||||
| Net | income | 4,986 | 5,814 | 10,800 | ||||
| Net | income | before | other | |||||
| gains/(losses) | 4,986 | 5,814 | 10,800 | |||||
| Other gains | and losses: | |||||||
| Net | movement in funds |
4,986 | 5,814 | 10,800 | ||||
| Reconciliation offunds: |
||||||||
| Total funds | brought | forward | 1,496,345 | 19,581 | 1,515,926 | |||
| Total funds | carried | forward | 1,501,331 | 25,395 | 1,526,726 | |||
| 3 | Income | from donations | and legacies | |||||
| Unrestricted | Total | Total | ||||||
| 2021 | 2020 | |||||||
| Donations and gifts |
23,004 | 23,004 | 32,263 | |||||
| 23,004 | 23,004 | 32,263 | ||||||
| 4 | Income | from charitable | activities | |||||
| Unrestricted | Restricted | Total | Total | |||||
| 2021 | 2020 | |||||||
| Lunch Club Pop Income |
in Food | 57 | 57 | 12,466 | ||||
| Property Rent and Management Income |
19,056 | 19,056 | 39,887 | |||||
| Minibus | and Holiday Income | 8,385 | ||||||
| Other Charitable | Income | 13,247 | 13,247 | 13,278 | ||||
| 19,056 | 13,372 | 32,428 | 74,016 |
| Unrestricted | Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||
| Rent Income | 8,931 | 8,931 | 9,979 | ||||||
| Interest Receivable | |||||||||
| 8,931 | 8,931 | 10,006 | |||||||
| 6 | Other income | ||||||||
| Unrestricted | Restricted | Total | Total | ||||||
| 2021 | 2020 | ||||||||
| Grant from Government | and | ||||||||
| Others | 10,519 | 40,000 | 50,519 | 89,410 | |||||
| CJRS Grant | 19,389 | 19,389 | |||||||
| Income from Bequests |
Legacies 8 | 15,000 | 15,000 | ||||||
| 25,519 | 59,389 | 84,908 | 89,410 | ||||||
| 7 | Expenditure | on charitable | activities | ||||||
| Unrestricted | Restricted | Total | Total | ||||||
| 2021 | 2020 | ||||||||
| E | E | E | |||||||
| Expenditure | on charitable | ||||||||
| acti vi ties | |||||||||
| Lunch Club Pop in Food Income |
179 | 179 | 3,362 | ||||||
| Other Charitable | Expenditure | 2,913 | |||||||
| Minibus and | Holiday Income | 438 | 438 | ||||||
| Circuit Assessment | 30,016 | 30,016 | 32,610 | ||||||
| Governance | costs | ||||||||
| 30,454 | 179 | 30,633 | 38,885 |
| Unrestricted | Unrestricted | Restricted | Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||||
| Employee costs | 8,418 | 37,375 | 45,793 | 87,380 | |||||||
| Motor and travel costs | 4,511 | 4,511 | 7,045 | ||||||||
| Premises costs | 31,698 | 19,000 | 50,698 | 44,293 | |||||||
| Amortisation, | depreciation, | ||||||||||
| impairment, | profit/loss | on | 2,223 | 1,074 | 3,297 | 3,197 | |||||
| disposal offixed assets | |||||||||||
| General administrative | costs | 10,220 | 84 | 10,304 | 7,081 | ||||||
| Legal and professional | costs | 8,926 | 8,926 | 7,014 | |||||||
| 61,485 | 62,044 | 123,529 | 156,010 | ||||||||
| 9 | Net (expenditure)/income | before transfers | |||||||||
| 2021 | 2020 | ||||||||||
| This is stated | after charging: | f | 6 | ||||||||
| Depreciation | ofowned | fixed assets | 3,297 | 3,197 | |||||||
| 10 | Staff costs | ||||||||||
| 2021 | 2020 | ||||||||||
| Salaries and | wages | 45,243 | 82,162 | ||||||||
| 45,243 | 82,162 | ||||||||||
| No employee | received | emoluments | in excess | off60,000. | |||||||
| The average | monthly | number offull | time equivalent | employees | during the year | was as follows: | |||||
| 2021 | 2020 | ||||||||||
| Number | Number | ||||||||||
| Property | 1 | ||||||||||
| Adult Services and | |||||||||||
| Community | Centre |
| Cost or revaluation | Cost or revaluation | ||||||
|---|---|---|---|---|---|---|---|
| At 1September 2020 | 1,500,000 | 33,775 | 2,550 | 15,179 | 1,551,504 | ||
| Additions | 849 | 849 | |||||
| At 31August | 2021 | 1,500,000 | 34,624 | 2,550 | 15,179 | 1,552,353 | |
| Depreciation | and | ||||||
| impairment | |||||||
| At 1September 2020 | 32,135 | 1,821 | 12,205 | 46,161 | |||
| Depreciation year |
charge for the | 1,688 | 364 | 1,245 | 3,297 | ||
| At 31August | 2021 | 33,823 | 2,185 | 13,450 | 49,458 | ||
| Net book values | |||||||
| At 31August | 2021 | 1,500,000 | 801 | 365 | 1,729 | 1,502,895 | |
| At 31August | 2020 | 1,500,000 | 1,640 | 729 | 2,974 | 1,505,343 | |
| 12 | Debtors | ||||||
| 2021 | 2020 | ||||||
| f | 6 | ||||||
| Trade debtors | 3,214 | 3,258 | |||||
| Other debtors | 4,600 | 4,872 | |||||
| 7,814 | 8,130 | ||||||
| 13 | Creditors: | ||||||
| amounts falling due within one year |
|||||||
| 2021 | 2020 | ||||||
| f | 6 | ||||||
| Bank loans and overdrafts | 7,000 | 6,000 | |||||
| Trade creditors | 79 | ||||||
| Other creditors | 7,540 | 3,688 | |||||
| Accruals | 3,600 | 3,893 | |||||
| 18,140 | 13,660 | ||||||
| 14 | Creditors: | ||||||
| amounts falling due after more than one year |
|||||||
| 2021 | 2020 | ||||||
| f | 6 | ||||||
| Bank loans and overdrafts | 7,000 | ||||||
| 7,000 |
| Movement | in fun | ds | ||||
|---|---|---|---|---|---|---|
| incoming | ||||||
| resources | ||||||
| At 31 | ||||||
| At 1 September |
(including other gains/losses |
Resources expended |
August 2021 |
|||
| 2020 | ) | |||||
| f | ||||||
| Restricted funds: | ||||||
| Restricted income funds: | ||||||
| 25,395 | 72,761 | (62,223) | 35,933 | |||
| Total | 25,395 | 72,761 | (62,223) | 35,933 | ||
| Unrestricted | funds: | |||||
| General funds | 1331 | 76,510 | (91,939) | (14,098) | ||
| Revaluation | Reserves: | |||||
| Revaluation | fund | 1,500,000 | 1,500,000 | |||
| Total revaluation | reserves | 1,500,000 | 1,500,000 | |||
| Total funds | 1,526,726 | 149,271 | (154,162) | 1,521,835 |
| Analysis ofnet assets between funds | |||
|---|---|---|---|
| Unrestricted | Restricted | ||
| Total | |||
| funds | funds | ||
| f | |||
| Fixed assets | 1,502,895 | 1,502,895 | |
| Net current assets | 12,101 | 6,839 | 18,940 |
| 1,514,996 | 6,839 | 1,521,835 | |
| Reconciliation ofnet debt | |||
| At 1 | At 31 | ||
| September | August | ||
| 2020 | Cash flows | 2021 | |
| f | f | ||
| Cash and cash equivalents | 33,913 | (4,647) | 29,266 |
| 33,913 | (4,647) | 29,266 | |
| Bank loans | (13,000) | 6,000 | (7,000) |
| (13,000) | 6,000 | (7,000) | |
| Net debt | 20,913 | 1,353 | 22,266 |
| for the year ended | 31Au | gust 2021 | ||||
|---|---|---|---|---|---|---|
| Linrestricte | Restricted | |||||
| d funds | funds | Total funds | Total funds | |||
| 2021 | 2021 | 2021 | 2020 | |||
| E | F. | E | ||||
| Income and endowments | from: | |||||
| Donations and legacies |
||||||
| Donations and gifts |
23,004 | 23,004 | 32,263 | |||
| 23,004 | 23,004 | 32,263 | ||||
| Charitable activities |
||||||
| Lunch Club Pop in Food income | 57 | 57 | 12,466 | |||
| Property Rent and Income |
Management | 19,056 | 19,056 | 39,887 | ||
| Minibus and Holiday Income | 68 | 68 | 8,385 | |||
| Other Charitable Income |
13,247 | 13,247 | 13,278 | |||
| 19,056 | 13,372 | 32,428 | 74,016 | |||
| Investments | ||||||
| Rent income | 8,931 | 8,931 | 9,979 | |||
| Interest Receivable | 27 | |||||
| 8,931 | 8,931 | 10,006 | ||||
| Grants and Other income | ||||||
| Grant from Government | and | |||||
| Others | 10,519 | 40,000 | 50,519 | 89,410 | ||
| CIRS Grant | 19,389 | 19,389 | ||||
| Income from Legacies IE | Bequests | 15,000 | 15,000 | |||
| 25,519 | 59,389 | 84,908 | 89,410 | |||
| Total income and endowments | 76,510 | 72,761 | 149,271 | 205,695 | ||
| Expenditure on: |
||||||
| Charitable activities |
||||||
| Lunch Club Pop in Food Income | 179 | 179 | 3,362 | |||
| Other Charitable Expenditure |
2,913 | |||||
| Minibus and Holiday Income |
438 | 438 | ||||
| Circuit Assessment | 30,016 | 30,016 | 32,610 | |||
| 30,454 | 179 | 30,633 | 38,885 | |||
| Total ofexpenditure activities |
on charitable | 30,454 | 179 | 30,633 | 38,885 | |
| Employee costs | ||||||
| Salaries/wages | 8,418 | 36,825 | 45,243 | 82,162 | ||
| Temporary staff |
550 | 550 | 5,218 | |||
| 8,418 | 37,375 | 45,793 | 87,380 | |||
| Motor and travel costs | ||||||
| Vehicles - General | costs | 4,511 | 4,511 | 7,045 | ||
| 4,511 | 4,511 | 7,045 | ||||
| Premises costs |
| Detailed Statement of F | inancial Activities | ||||
|---|---|---|---|---|---|
| Rent | 19,000 | 19,000 | 19,000 | ||
| Light, heat and power | 9,436 | 9,436 | 10,659 | ||
| Premises insurances | 5,595 | 5,595 | 5,592 | ||
| Premises repairs and | |||||
| maintenance | 16,667 | 16,667 | 9,042 | ||
| 31,698 | 19,000 | 50,698 | 44,293 | ||
| General administrative | costs, | ||||
| including depreciation |
and | ||||
| amortisation | |||||
| Depreciation | 2,223 | 1,074 | 3,297 | 3,197 | |
| Bank charges | 84 | 84 | 168 | ||
| Postage and couriers | 3,525 | 3,525 | |||
| Stationery and printing | 3,417 | 3,417 | 3,451 | ||
| Subscriptions | 432 | 432 | 1,592 | ||
| Sundry expenses | 910 | 910 | |||
| Telephone, fax and broadband |
1,852 | 1,852 | 2,038 | ||
| 12,443 | 1,158 | 13,601 | 10,278 | ||
| Legal and professional | costs | ||||
| Accountancy and bookkeeping |
8,926 | 8,926 | 7,014 | ||
| 8,926 | 8,926 | 7,014 | |||
| Total ofexpenditure of |
other costs | 61,485 | 62,044 | 123,529 | 156,010 |
| Total expenditure | 91,939 | 62,223 | 154,162 | 194,895 | |
| Net gains on investments | |||||
| Net (expenditure)/income | (15,429) | 10,538 | (4,891) | 10,800 | |
| Net (expenditure)/income | before | ||||
| other gains/(losses) | (15,429) | 10,538 | (4,891) | 10,800 | |
| Other Gains | |||||
| Net movement in funds |
(15,429) | 10,538 | (4,891) | 10,800 | |
| Reconciliation offunds: | |||||
| Total funds brought forward |
1,501,331 | 25,395 | 1,526,726 | 1,S15,926 | |
| Total funds carried forward | 1,485,902 | 35,933 | 1,521,835 | 1,526,726 |