##
|||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)||||
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|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|
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|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|