## ||Page No.| |---|---| |Administrative
information|2-3| |Annual
Report|4-14| |Auditor's
Report|15-17| |Statement
of Financial Activities|18| |Balance Sheet|19| |Statement
of Cash Flows|20| |Notes to the Financial Statements|21-37| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Endowment|Endowment|Total|Total| |---|---|---|---|---|---|---|---|---|---| |||||funds|funds||funds|2021|2020| ||||Notes|E|E||f|F|E| |Income from:|||||||||| |Donations
and legacies||||548,645|59,403|||608,048|533,358| |Charitable
activities||||292,665|106,508|||399,173|317,922| |Investment
income||||33,302||||33,302|126,605| |Total income||||874,612|165,911|||1,040,523|977,885| |Ex enditure
on:|||||||||| |Raising funds||||1,604||||1,604|44,451| |Charitable
activities||||643,123|199,547|||842,670|959,176| |Total resources expended||||644,727|199,547|||844,274|1,003,627| |Net gains/(losses)
investments|on||||||50,000|50,000|(150,000)| |Net incoming/(outgoing)
resources before transfers||||229,885|(33,636)||50,000|246,249|(175,742)| |Gross transfers
between||funds||(10,965)|10,965||||| |Net movement
in funds||||218,920|(22,671)||50,000|246,249|(175,742)| |Fund balances at 1
2021|January|||49,698|(212,652)||1,050,000|875,054|1,050,796| |Fund balances at|31 December||||||||| |2021||||256,626|(235,323)||1,100,000|1,121,303|875,054| ## ## ||||||||2021|||2020|| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||Notes|f|||f||| |Fixed assets|||||||||||| |Tangible assets|||||12|||33,418|||52,143| |Investment|properties||||13|||1,100,000|||1,050,000| |||||||||1,133,418|||1,102,143| |Current assets|||||||||||| |Debtors|||||15|371,156|||22,441||| |Cash at bank and||in|hand|||200,014|||140,966||| |||||||571,170|||163,407||| |Creditors:
one year|amounts||falling due within||17|314,870|||111,395||| |Net current|assets|||||||256,300|||52,012| |Total assets less||current||liabilities||||1,389,718|||1,154,155| |Creditors:|amounts||falling|due after|18||||||| |more than|one year|||||||(268,415)|||(279,101)| |Net assets||||||||1,121,303|||875,054| |Capital funds|||||||||||| |Endowment|funds||||20|||1,100,000|||1,050,000| |Income funds|||||||||||| |Restricted|funds||||21|||(235,323)|||(224,644)| |Unrestricted|funds|||||||256,626|||49,698| |||||||||1,121,303|||875,054| ## ||||||2021||2020|| |---|---|---|---|---|---|---|---|---| |||||Notes|E||F|| |Cash flows from operating||activities||||||| |Cash absorbed
by operations||||25||(86,880)||(73,707)| |Investing|activities|||||||| |Purchase|oftangible
fixed assets||||(21,539)||(2,401)|| |Rent received|||||33,302||126,605|| |Net cash
activities|generated
from|investing||||11,763||124,204| |Financing|activities|||||||| |Repayment|of bank loans||||134,165||(5,177)|| |Net cash generated
froml(used
financing
activities|||in)|||134,165||(5,177)| |Net increase
in cash and cash|||equivalents|||59,048||45,320| |Cash and|cash equivalents|at beginning||ofyear||140,966||95,646| |Cash and|cash equivalents|at end of||year||200,014||140,966| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||O
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(0|| |VJ|||||||||| ## ## ## |||Unrestricted|Total|Total| |---|---|---|---|---| |||funds|2021|2020| |||f||E| |Income|from let properties|33,288|33,288|126,605| |Interest|receivable|14|14|| |||33,302|33,302|126,605| ## ||||||||Unrestricted|Total|Total| |---|---|---|---|---|---|---|---|---|---| ||||||||funds|2021|2020| ||||||||F||| |Cost|of|renting|and|maintaining|let|properties|1,604|1,604|44,451| ||||||||1,604|1,604|44,451| ## ## ## ## |Expendit|ure|on charita|ble
activities|||||| |---|---|---|---|---|---|---|---|---| ||||St Paul's|The|External
&|St Paul's|Total|2020| ||||Church|Lighthouse|Charitable|Centre||| |||||Group|Giving|||| ||||E|E||E||| |Church activities|||430,946|62|213,044||644,052|619,927| |Property costs and site
management|||74,023|||59,715|133,738|279,589| ||||504,969|62|213,044|59,715|777,790|899,516| |Share of
(see note|support costs
8)||44,331|||13,026|57,357|48,898| |Share of governance
costs (see note 8)|||7,523||||7,523|10,762| ||||556,823|62|213,044|72,741|842,670|959,176| |Analysis|by|fund||||||| |Unrestricted||funds|556,823|62|13,497|72,741|643,123|| |Restricted|funds||||199,547||199,547|| ||||556,823|62|213,044|72,741|842,670|| |For the year||ended 31|December 2020|||||| |Unrestricted||funds|626,699|125,779|5,956|200,742||959,176| ||||626,699|125,779|5,956|200,742||959,176| ## |8|Support||costs||||||| |---|---|---|---|---|---|---|---|---|---| |||||Support|Governance|2021|Support|Governance|2020| |||||costs|costs||costs|costs|| |||||E|E|E|||| ||Central|ITcosts||32,942||32,942|32,245||32,245| ||Communications|||3,119||3,119|250||250| ||Finance|costs||10,975||10,975|5,732||5,732| ||Servicing||of loans|10,321||10,321|10,671||10,671| ||Audit fees||||7,523|7,523||10,762|10,762| |||||57,357|7,523|64,880|48,898|10,762|59,660| ||Analysed||between||||||| ||Charitable||activities|57,357|7,523|64,880|48,898|10,762|59,660| ## ## ## ## |||||2021|2020| |---|---|---|---|---|---| |||||Number|Number| |St Paul's Centre,||site and facilities staff|||4| |Clergy, pastoral||and ministry|staff||10| |Operations|staff||||4| |TLG staff|||||3| |Ttl|||||21| ## |Total|Total| |---|---| |2021|2020| |E|F| |50,000|(150,000)| ## ## |12|Tangible fixed assets||||| |---|---|---|---|---|---| |||||Plant, equipment|and machinery| ||||||F| ||Cost||||| ||At 1 January 2021||||496,925| ||Additions||||21,539| ||Fully depreciated
assets written||out||(387,948)| ||At 31 December 2021||||130,516| ||Depreciation
and impairment||||| ||At 1 January 2021||||444,782| ||Depreciation
charged|in the year|||40,264| ||Fully depreciated
assets written||out||(387,948)| ||At 31 December 2021||||97,098| ||Carrying
amount||||| ||At 31 December 2021||||33,418| ||At 31 December 2020||||52,143| ## |Investment
property||| |---|---|---| |||2021| |||F| |Fair value||| |At 1 January 2021||1,050,000| |Net gains or losses through|fair value adjustments|50,000| |At 31 December 2021||1,100,000| ## ## ## |14|Financial
instruments|Financial
instruments|Financial
instruments|||||2021|2020| |---|---|---|---|---|---|---|---|---|---| |||||||||F|| ||Carrying
amount||offinancial|||assets|||| ||Debt instruments||measured||at|amortised|cost (debtors)|83,586|15,371| ||Carrying
amount||offinancial|||liabilities|||| ||Measured
at|amortised||cost (creditors)||||576,657|387,084| |15|Debtors||||||||| |||||||||2021|2020| ||Amounts
falling||due within one year:|||||F|| ||Trade debtors|||||||77,815|| ||Other debtors|||||||5,771|15,371| ||Prepayments|and|accrued income|||||287,570|7,070| |||||||||371,156|22,441| |16|Loans and overdrafts||||||||| |||||||||2021f|2020f| ||Sank loans|||||||434,250|300,085| ||Payable
within|one year||||||165,835|20,984| ||Payable after|one|year|||||268,415|279,101| ## ## ## ## ## ## ## ## |xP|||||||I
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(6| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ## ## ## ## ## |26|Analysis ofchanges
in net (debt)/funds|Analysis ofchanges
in net (debt)/funds|Analysis ofchanges
in net (debt)/funds|||| |---|---|---|---|---|---|---| |||||At 1 January|Cash flows|At 31 December| |||||2021||2021| |||||E|F.|F| ||Cash|at bank and|in hand|140,966|59,048|200,014| ||Loans|falling due|within one year|(20,984)|(144,851)|(165,835)| ||Loans|falling due|after more than one year|(279,101)|10,686|(268,415)| |||||(159,119)|(75,117)|(234,236)| ||27|Prior period|adjustment|||| ||Changes to the balance sheet|||||| |Changes|to the balance sh|eet||||| |---|---|---|---|---|---|---| ||||At 31|December|2020|| ||||As previously|Adjustment||As restated| ||||reported|||| ||||E||F|F| |Capital funds||||||| |Endowment|funds||1,050,000|||1,050,000| |Income funds||||||| |Restricted|funds||(268,293)|55,641||(212,652)| |Unrestricted|funds||93,347|(55,641)||37,706| |||Total equity|875,054|||875,054|