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|CONTENTS:|Pages|
|---|---|
|ANNUALREPORT|A|
|Trusteesresponsibilities|1-2|
|Legal andadministrativeinformation|3|
|Statement of Charity's lncome andExpenditure|4|
|Statementoffinancialactivities|5|
|Balancesheet|o|
|Notesformingpartofthe financial statements|7-10|
|lndependent examiner'sreport|11|
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||2021t|2A2At|
|---|---|---|
|INCOME|||
|Collections|11,950|12,394|
|Grantsand donations|59,322|176,935|
|Activities forgeneratingfunds|3,842|76,573|
|lnvestmentincome|28|43|
|Hireofpremises|88,633|179,876|
|Total lncomingResources|163,775|445,821|
|EXPENDITURE|||
|Project & adminstaffcosts|110,928|201,797|
|Generalrunning costs and fundraising|76,786|204,469|
|Otherrelated expenses|92s|1,792|
|Total Resources Expended|188,639|408,058|
|NETINCOMING/-OUTGOINGRESOURCES|-24,864|37,763|
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|Generalfunds|UnrestrictedRestricted
Funds
Funds
/Vofes
f
f|UnrestrictedRestricted
Funds
Funds
/Vofes
f
f|UnrestrictedRestricted
Funds
Funds
/Vofes
f
f|Total
242',1f|Year
2020
f|
|---|---|---|---|---|---|
|Alllncomingresources||||||
|Generalfunds:||||||
|Collections||11,950|0|11,950|12,394|
|Grants and donations||59,322|0|59,322|176,935|
|Activitiesforgenerating funds||3,842|0|3,842|76,573|
|Investment income||28|0|28|43|
|Charitable activities:||||||
|Hireofpremises||88,633||88,633|179,876|
|Total lncomingResources||163,775||163,775|445,821|
|AllResources expended||||||
|Charitable activities||187,714|0|187,714|407,108|
|Governance costs||925|0|925|950|
|Total ResourcesExpended||188,639||188,639|408,058|
|Netincoming/-outgoingresourcesforthe year||-24,864||-24,864|37.763|
|Totalfundsbroughtforuvard|10|63,306|0|63,306|25,543|
|UtilisedasDesignated Funds|11,12|-37|0|-37|0|
|TotalGeneralFunds||38,405||38,405|63,306|
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||Nofes|2021
E€|2024
tt.|
|---|---|---|---|
|FixedAssets||||
|Tangibleassets|4|3,475,732|3,322,735|
|lnvestments|7|838,063|$8,463|
|||4,313,795|4,160,798|
|Current Assets||||
|Debtors|I|5,966|10,870|
|Bank andcashin hand||24,575|192,467|
|||30,541|242,937|
|Creditors:due within oneyear|I|-130,400|-124,898|
|NetLiquidFunds||-99,859|78,039|
|Total Assets||4,2{3,936|4,238,837
:|
|Funds||||
|Unrestrictedfunds|10|38,405|ffi3A6|
|Restricted funds|11|0|0|
|Generalfunds||38,ips|63,306|
|Designated and utilisedfunds|12|4,175,531|4,175,531|
|Total Funds||4,213,936|4,r38,8s?|
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||Staff|Admin/FR.||Total|Total|
|---|---|---|---|---|---|
||cost
I|expensest|Other
e|2021
c|2020t|
|Ch aritabIeexpenditure||||||
|Church|46,763|7,221|0|53,984|65,876|
|TabCentre|23,169|9,470|0|32,639|67,831|
|Project expenses|40,366|60,725|0|101,091|273,401|
|Governance costs|0|0|925|925|950|
||110,298|77,416|925|188,639|408,058|
|2020|147,982|258,284|1,792|408,058||
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|Staff numbercandcosts||||
|---|---|---|---|
|Staffcosts.'|(seenote13)|2021
e|2020t|
|Wagesand salaries||97,M8|141,273|
|Socialsecuritycosts||2,198|3,464|
|Pension costs||10,652|3,645|
|(seenote14)||110,298|147,982|
|
during the yearwasas follows:|||
|---|---|---|
||2421
E|2020t|
|Church|2.0|2.0|
|Tab Centre|1.0|1.0|
|Projects|1.5|2.0|
||4.5|5.0|
|Tangible fixed assets||||||
|---|---|---|---|---|---|
|Costor valuation|Equipment|Land and
Buildings|2421f||2020f|
|At1stJanuary|12,797|3,367,092|3,379,889||3,378,124|
|Additions|0|152,997|152,997||1,765|
|At 31stDecember|12,797|3,520,089|3,532,886|||
|Depreciation||||||
|At1st January|0|57,154|57,154||57,154|
|Provision for the year -see note1(d)
At 31stDecember|0
0|0
57.154|mi|0|0
57,154|
|Net bookvalue||||||
|At 31stDecember -seenote below|12,797|3,462,935|3,475,732||3,322,735|
|Thenetbookvalue of Land andBuildingsis made up as follows:||||||
|||2021t|||2020
f|
|Land||1,230,000|||1,230,000|
|Buildings||2,232,935|||2,079,938|
|||3,462,935|||3,309,938|
|The Church is the owner of thelandandbuildingswhich are dulyregisteredwith the||||||
|London Baptist Property Boardas theirTrust Corporation.||||||
|NetlncomingResources|||
|---|---|---|
|Thisis stated aftercharging:|2021
f|2020
L|
|Depreciation (see note1(d))|0|0|
|lndependentexaminer'sfees- external|925|950|
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|estments|||
|---|---|---|
|AIIUK:|2021f|2020
t|
|Unlisted lnvestments|15,000|15,000|
|Propertysaleproceeds (restricted)|823,063|823,063|
||r-3EF6t|@|
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|8|Debtors|||||2021
E|2020f|
|---|---|---|---|---|---|---|---|
||Prepayments|||||0|0|
||Other Debtors|||||5,966|10,870|
||Creditors:amountsfallingdue|withinoneyear||||2021
€|2020t|
||Other creditors|||||123,075|117,573|
||Accrualsand deferred income|||||7,325|7,325|
|||||||,[3670d|124,898|
|10|Unrestricted funds|Balance||lncomingResources||Utilised as|Balance|
|||at1st|resourcesexpended|||Designated|at31st|
|||January|||||December|
||lnvestment reserve
Generalfund|2021
L000
63,306||163,775188,639||f
0
-37|2021t
0
38,405|
||Expenditure on investments &|-&Jd6-
163/?s18ss3e
-37
building assets are deemedtobedesignatedfunds(see|||||38,405
note'12).|
|11|Restricted funds|Balance||lncomingResources||Utilised as|Balance|
|||at1st|resourcesexpended|||Designated|at31st|
|||January|||||December|
|||2021
e||fe|||2021
I|
||Specificdonations|0||00|||0|
|||||UU||||
|12|Designatedfunds|Balance||lncomingResources||General fund|Balance|
|||at1st|resourcesexpended|||Transfers|at31st|
|||January|||||December|
|||2021|||||2021|
|||t||L|f|e|I|
||Land andBuildings(note5)|3,320,970||0|0|0|3,320,970|
||Property proceeds|854,561||0|0|0|854,561|
|||4,175,531||00|||4,175,531|
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