2021-12-31-accounts - Riverside Church

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					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
					12months	12months	12months	15months
					ended	ended	ended	ended
					31 December	31 December	31 December	31 December
				Note	2021	2021f	2021	2020
Income from:
Donations and legacies:
Weekly offering					41,830	5,378	47,208	83,699
Donations eligible		for Gift Aid			137,414	6,000	143,414	175,966
Gift Aid					35,875		35,875	52,075
Gifts 8 miscellaneous			income		1,225	5,880	7,105	25,091
Deemed notional		interest on loans			1,750		1,750	2,429
Other donations	and legacies				141,300	5,679	146,979	69,855
Other trading activities					43,204		43,204	72,314
Investments					16,758		16,758	54,142
Other income					95,000		95,000
Total income					514,356	22,937	537,293	535,571
Expenditure on:
Raising funds					15,334		15,334	22,527
Charitable activities					431,004	38,790	469,794	553,742
Total expenditure					446,338	38,790	485,128	576,269
Net income/(expenditure)					68,018	(15,853)	52,165	(40,698)
Transfers between		funds		16	(14,327)	14,327
Total transfers					(14,327)	14,327
Net movement in		funds			53,691	(1,526)	52,165	(40,698)
Reconciliation of		funds:
Total funds brought		forward			1,241,154	11,604	1,252,758	1,293,456
Net movement in funds					53,691	(1,526)	52,165	(40,698)
Total funds carried forward					1,294,845	10,078	1,304,923	1,252,758

				2021		2020
		Note
Fixed assets
Tangible assets		12		1,423,034		1,514,995
Current assets
Debtors		13	107,380		6,043
Cash at bank and	in hand		398,491		374,817
			505,871		380,860
Creditors: amounts	falling due within one
year		14	(33,489)		(35,797)
Net current assets				472,382		345,063
Total assets less	current liabilities			1,895,416		1,860,058
Creditors: amounts	falling due after more
than one year		15		(590,493)		(607,300)
Total net assets				1,304,923		1,252,758
Charity funds
Restricted funds		16		10,078		11,604
Unrestricted funds		16		1,294,845		1,241,154
Total funds				1,304,923		1,252,758

					12months	15months
					ended	ended
					31	31
					December	December
					2021f	2020 F
Cash flows from operating			activities
Net cash		used in operating	activities		24,168	(142)
Cash flows from investing			activities
Dividends,		interests and rents from investments			880	3,395
Purchase		oftangible fixed assets			(1,374)	(37,399)
Net cash		used in investing	activities		(494)	(34,004)
Change	in cash and cash		equivalents in	the year	23,674	(34,146)
Cash and		cash equivalents	at the beginning	ofthe year	374,817	408,963
Cash and		cash equivalents	at the end of	the year	398,491	374,817
The notes		on pages 20 to 38form part ofthese financial statements

Freehold	property	- Land - not depreciated,	- Land - not depreciated,
		years
Fixtures	and fittings	- 5 years straight	line
Computer	equipment	- 3years straight	line
Other fixed assets		- Not depreciated

						Unrestricted	Restricted	Total	Total
						funds	funds	funds	funds
						12months	12months	12months	15months
						ended	ended	ended	ended
						31	31	31	31
						December	December	December	December
						2021	2021	2021	2020
						F		F	F
Donations
Weekly Offering						41,830	5,378	47,208	83,699
Donations	eligible		for	Gift	Aid	137,414	6,000	143,414	175,966
Gift Aid						35,875		35,875	52,075
Gifts & miscellaneous				income		1,225	5,880	7,105	25,091
Deemed	notional		interest		on loans	1,750		1,750	2,429
Subtotal	detailed		disclosure			218,094	17,258	235,352	339,260
Legacies						100,000		100,000
Grants						17,717	5,679	23,396	36,434
Government		grants				23,583		23,583	33,421
Subtotal						141,300	5,679	146,979	69,855
Total 2021						359,394	22,937	382,331	409,115
Total 2020						335,521	73,594	409,115

						Unrestricted	Total	Total
						funds	funds	funds
						12months	12months	15months
						ended	ended	ended
						31	31	31
						December	December	December
						2021	2021	2020
						F	F
Cafe	income	and	other	trading	income	43,204	43,204	72,314
Total	2020					72,314	72,314

		Unrestricted	Total	Total
		funds	funds	funds
		12months	12months	15months
		ended	ended	ended
		31	31	31
		December	December	December
		2021	2021	2020
			E	E
Use of building		15,878	15,878	50,747
Investment	income	880	880	3,395
Total 2021		16,758	16,758	54,142
Total 2020		54,142	54,142

Unrestricted	Total	Total
funds	funds	funds
12months	12months	15months
ended	ended	ended
31	31	31
December	December	December
2021	2021	2020
F	E
95,000	95,000

Unrestricted	Total	Total
funds	funds	funds
12months	12months	15months
ended	ended	ended
31	31	31
December	December	December
2021	2021	2020
E	E
15,334	15,334	22,527
22,527	22,527

		Grants to	Grants to	Total	Total
		Institutions	Individuals	funds	funds
		12months	12months	12months	15months
		ended	ended	ended	ended
		31	31	31	31
		December	December	December	December
		2021 F	2021f	2021 F	2020
Missionary	support	21,785	2,224	24,009	27,164
Total 2020		24,610	2,554	27,164

		Activities	Grant
		undertaken	funding of	Support	Total	Total
		directly	activities	costs	funds	funds
		12months	12months	12months	12months	15months
		ended	ended	ended	ended	ended
		31	31	31	31	31
		December	December	December	December	December
		2021	2021	2021	2021	2020
		f.		f.	E
Charitable	activities	305,388	24,009	140,397	469,794	553,742
Total 2020		367,059	27,164	159,519	553,742

		Total	Total
		funds	funds
		12months	15months
		ended	ended
		31	31
		December	December
		2021	2020
		F
Staff costs		218,146	280,139
Creative ministries		43,691	18,404
Youth activities		3,279	2,608
Equipment	8 maintenance	11,270	20,237
Insurance (church)		3,853	3,912
Outreach activities		1,766	4,151
Utilities (church)		21,571	32,652
Care costs		1,081	2,947
Staff training	and other costs	731	2,009
Total 2021		305,388	367,059

				Total	Total
				funds	funds
				12months	15months
				ended	ended
				31	31
				December	December
				2021	2020
				E
Depreciation				93,335	96,113
Photocopying/Storage/Postage				942	1,308
Professional	fees			6,595	6,039
Catering				447	1,113
Music/Copyright		fees/Equipment		2,701	1,528
Miscellaneous		costs		8,458	17,676
independent	examiner's		fee	1,425	1,400
Interest				26,494	34,342
Total 2021				140,397	159,519

Staff c	osts
			12months	15months
			ended	ended
			31	31
			December	December
			2021	2020
				E
Wages	and	salaries	218,146	280,139
			218,146	280,139

	12months	15months
	ended	ended
	31	31
	December	December
	2021	2020
	No.	No.
Employees		13

	Freehold	Fixtures and	Computer	Other fixed
	property	fittings	equipment	assets	Total
	F	E	E	E
Cost or valuation
At 1 January 2021	1,705,002	92,552	142,274	24,255	1,964,083
Additions		333	1,041		1,374
At 31 December 2021	1,705,002	92,885	143,315	24,255	1,965,457
Depreciation
At 1 January 2021	267,268	55,680	126,140		449,088
Charge for the year	67,750	18,577	7,008		93,335
At 31 December 2021	335,018	74,257	133,148		542,423
Net book value
At 31 December 2021	1,369,984	18,628	10,167	24,255	1,423,034
At 31 December 2020	1,437,734	36,872	16,134	24,255	1,514,995

		2021	2020
		E	E
Due within one year
Trade debtors		3,696
Other debtors		864	2,885
Prepayments	and accrued income	100,000	201
Tax recoverable		2,820	2,957
		107,380	6,043

			2021	2020
			K	E
Bank loans			16,641	15,781
Other loans			5,000	5,000
Trade creditors			4,131	5,009
Other taxation	and social security		5,157	4,808
Accruals and deferred		income	2,560	5,199
			33,489	35,797

		2021	2020
		E	E
Bank	loans	555,493	572,300
Other	loans	35,000	35,000
		590,493	607,300

Included within the above are amounts falling due as fol	lows:
	2021	2020
	E
Between one and two years
Bank loans	17,367	16,467
Between two and five years
Bank loans	56,761	35,111
Other loans	35,000	35,000
Over five years
Bank loans	481,365	520,722

					2021	2020
						F
Payable	or	repayable	by	instalments	481,365	520,722
					481,365	520,722

Statement offunds	-	current	year
							Balance at
			Balance at 1				31
			January			Transfers	December
			2021	Income F	Expenditure f	in/outf	2021 E
Unrestricted funds
Designated funds
General fixed reserve			80,000				80,000
Designated fixed asset		fund	884,665			(73764)	810901
			964,665			(73,764)	890,901
General funds
General funds			276,489	514,356	(446,338)	59,437	403,944
Total Unrestricted	funds		1,241,154	514,356	(446,338)	(14,327)	1,294,845
Restricted funds
Building Development		Fund		11,880	(24,744)	12,864
Pantry Project			9,268	5,978	(9,017)		6,229
Herne Bay Hub Project			2,305				2,305
Defibrillator grant			31				31
Youth Fund				4,079	(2,566)		1,513
Growbaby				1,000	(2,463)	1,463
			11,604	22,937	(38,790)	14,327	10,078
Total offunds			1,252„758	537,293	(485,128)		1,304,923

Statement offunds	-	prior yea	r
							Balance at
			Balance at				31
			1 October			Transfers	December
			2019	Income	Expenditure	in/out	2020
				E	E		E
Unrestricted funds
Designated funds
General fixed reserve			80,000				80,000
Designated fixed asset		fund	883,847			818	884,665
			963,847			818	964,665
General funds
General funds			327,113	461,977	(538,100)	25,499	276,489
Total Unrestricted	funds		1,290,960	461,977	(538,100)	26,317	1,241,154
Restricted funds
Building Development		Fund	2,496	17,650	(20,146)
Pantry Project				35,523	(18,018)	(8,237)	9,268
Herne Bay Hub Project				2,850		(545)	2,305
Defibrillator grant				1,500	(5)	(1,464)	31
Grant for media				16,071		(16,071)
			2,496	73,594	(38,169)	(26,317)	11,604
Total offunds			1,293,456	535,571	(576,269)		1,252,758

e year e Analysis	nded 31 December 202 of net assets between	1 funds
Analysis	of net assets between	funds -current year
			Unrestricted	Restricted	Total
			funds	funds	funds
			2021	2021	2021
					E
Tangible	fixed assets		1,423,034		1,423,034
Current	assets		495,793	10,078	505,871
Creditors	due within one year		(33,489)		(33,489)
Creditors	due in more than one year		(590,493)		(590,493)
Total			1,294,845	10,078	1,304,923
Analysis	of net assets between	funds - prior year
			Unrestricted	Restricted	Total
			funds	funds	funds
			2020	2020	2020
			E	E	F
Tangible	fixed assets		1,514,995		1,514,995
Current	assets		369,256	11,604	380,860
Creditors	due within one year		(35,797)		(35,797)
Creditors	due in more than one year		(607,300)		(607,300)
Total			1,241,154	11,604	1,252,758

								12months	15months
								ended	ended
								2021	2020
									E
Net income/expenditure				for the year (as per		Statement	of Financial
Activities)								52,165	(40,698)
Adjustments		for:
Depreciation		charges						93,335	96,114
Dividends,	interests		and rents		from investments			(880)	(3,395)
Decrease/(increase)			in debtors					(102,666)	6,102
Decrease	in	creditors						(17,786)	(58,265)
Net cash	provided		by/(used		in) operating	activities		24,168	(142)

		2021	2020
		f	F
Cash	in hand	398,491	374,817
Total	cash and cash equivalents	398,491	374,817

			At 1		At 31
			January		December
			2021	Cash flows	2021
				E	F
			E
Cash	at bank and	in hand	374,817	23,674	398,491
Debt	due within 1	year	(20,781)	(860)	(21,641)
Debt	due after 1 year		(607,300)	16,807	(590,493)
			(253,264)	39,621	(213,643)