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2020-12-31-accounts

Page
Trustees report 1-4
Independent
examiner's		 report
Statement offinancial activities
Balance sheet 7-8
Notes to the accounts 9-18

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2020 2020 2020 2019 2019 2019
Notes E E E
Income and endowments from:
Donations
and legacies		 2 143,561 47,812 191,373 147,110 60,156 207,266
Investments 3 1,160 432 1,592 1,298 706 2,004
Other income 4 920 920
Total income 144,721 48,244 192,965 149,328 60,862 210,190
Ex enditure on:
Charitable
activities		 5 136,389 36,193 172,582 146,669 47,333 194,002
Net income for the year/
Net movement
in funds		 8,332 12,051 20,383 2,659 13,529 16,188
Fund balances at 1
January 2020 429,062 263,573 692,635 427,004 250,044 677,048
Fund balances at 31
December 2020 437,394 275,624 713,018 429,663 263,573 693,236

2020 2019
Notes E
Fixed assets
Tangible assets 402,045 400,828
Investments 10,000
412,045 400,828
Current assets
Debtors 10 3,308 3,239
Cash at bank and in hand 304,476 296,384
307,784 299,623
Creditors: amounts falling due within
one year (6,811) (7,215)
Net current assets 300,973 292,408
Total assets less current liabilities 713,018 693,236
Income funds
Restricted funds - general 12 275,624 263,573
Unrestricted funds
Designated funds 13 36,669 36,669
General
unrestricted		 funds 153,010 145,279
Revaluation reserve 247,715 247,715
437,394 429,663
713,018 693,236

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
general general
2020 2020 2020 2019 2019 2019
E E F
Interest receivable 1,160 432 1,592 1,298 706 2,004
Total Unrestricted
funds
2020 2019
F
920

2020 2019
E
Staff costs 59,525 56,237
Tithes 13,599 16,568
Apostolic (excluding Tithes) 4,273
Prophetic (excluding Tithes) 201 1,817
Pastoral (excluding Tithes) 8,415 11,352
Evangelistic
(excluding		 Tithes) 1,868 4,927
Teaching (excluding Tithes) 1,637 1,508
Buildings 20,665 27,434
New Church 36,193 47,333
146,376 167,176
Share of support costs (see note 6) 24,040 24,592
Share of governance costs (see note 6) 2,166 2,234
172,582 194,002
Analysis by fund
Unrestricted
funds		 136,389 146,669
Restricted funds 36,193 47,333
172,582 194,002

Support costs
Support Governance 2020 2019 Basis ofallocation
costs costs
Staff costs 12,220 12,220 11,548 100%charitable
Depreciation 773 773 276 100%charitable
Office costs 3,399 3,399 4,426 100%charitable
Vine Trust service costs 5,990 5,990 5,990 100%charitable
Other costs 1,658 1,658 2,352 100%charitable
Independent
examiners		 Governance
fees 2,166 2,166 2,234
24,040 2,166 26,206 26,826
Analysed
between
Charitable
activities		 24,040 2,166 26,206 26,826

2020 2019
Number Number
Engaged
on charitable		 activities
Administration
Employment costs 2020 2019
F
Wages and salaries 67,216 64,205
Other pension costs 4,529 3,580
71,745 67,785

8 Tangible fixed assets
Freehold land Fixtures and Total
and buildings
f		 fittings
f
Cost or valuation
At 1 January 2020 400,000 6,704 406,704
Additions 1,990 1,990
At 31 December 2020 400,000 8,694 408,694
Depreciation
and impairment
At 1 January 2020 5,876 5,876
Depreciation
charged		 in the year 773 773
At 31 December 2020 6,649 6,649
Carrying
amount
At 31 December 2020 400,000 2,045 402,045
At 31 December 2019 400,000 828 400,828
The carrying
value ofland included		 in land and buildings comprises:
2020f 2019f
Freehold
land at current
valuation 400,000 400,000

Fixed asset investments
Investment
loan note
Cost or valuation
At 1 January 2020
Additions 10,000
At 31 December 2020 10,000
Carrying
amount
At 31 December 2020 10,000
At 31 December 2019
10 Debtors
2020 2019
Amounts
falling due		 within one year:
Other debtors 2,326 2,390
Prepayments and accrued income 982 849
3,308 3,239
11 Creditors: amounts falling due within one year
2020 2019
Other taxation and social security 954 875
Trade creditors 2,376 1,310
Accruals and deferred income 3,481 5,030
6,811 7,215

Movement in funds Movement in funds
Balance at Incoming Resources Balance at Incoming Resources Balance at
1January 2019 resources expended1 January 2020 resources expended 31 December
2020
E
New Church 250,021 60,862 (47,333) 263,550 48,244 (36,193) 275,601
Special
collections 23 23 23
250,044 60,862 (47,333) 263,573 48,244 (36,193) 275,624

Movement Movement
in funds in funds
Balance at Incoming Balance at Incoming Balance at
1January 2019 resources1 January
2020		 resources 31 December
2020
Designated Contingency Fund 36,669 36,669 36,669
36,669 36,669 36,669
14 Analysis ofnet assets between funds
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2020 2020 2019 2019 2019
F
Fund balances at 31
December 2020 are
represented by:
Tangible assets 302,353 99,692 402,045 301,136 99,692 400,828
Investments 10,000 10,000
Current assets/
(liabilities) 125,041 175,932 300,973 128,527 163,881 292,408
437,394 275,624 713,018 429,663 263,573 693,236