| CONTENTS | |
|---|---|
| Page | |
| Reference and administrative details of the charity, its trustees and advisers | 1 |
| Trustees' report | 2-4 |
| Independent examiner's report | 5 |
| Statement of financial activities | 6 |
| Income and expenditure account | 7 |
| Balance sheet | 8 |
| Notes to the financial statements | 9-18 |
| Unrestricted Restricted | Unrestricted Restricted | Total | Total |
|---|---|---|---|
| funds funds | funds | funds | |
| 2021 2021 Note £ £ |
2021£ | 2020 £ |
|
| INCOME FROM: | |||
| Voluntary income 2 77,866 Activities for generating funds 3 47,479 Investments 4 |
9,221 4,930 |
87,087 47,479 4,930 |
98,676 31,595 4,691 |
| TOTAL INCOME 125,345 | 14,151 | 139,496 | 134,962 |
| EXPENDITURE ON: | |||
| Charitable activities 7,6 147,613 Other expenditure 5 3,369 |
147,613 3,369 |
152,431 3,194 |
|
| TOTAL EXPENDITURE 150,982 | 150,982 | 155,625 | |
| NET INCOME / (EXPENDITURE) BEFORE INVESTMENT GAINS/(LOSSES) (25,637) Net gains/(losses) on investments 10 6,372 |
14,151 18,492 |
(11,486) 24,864 |
(20,663) (5.243) |
| NET INCOME / (EXPENDITURE) BEFORE OTHER RECOGNISED GAINS AND LOSSES (19,265) |
32,643 | 13,378 | (25,906) |
| NET MOVEMENT IN FUNDS (19,265) | 32,643 | 13,378 | (25,906) |
| RECONCILIATION OF FUNDS: | |||
| Total funds brought forward 72,226 | 173,965 | 246,191 | 272,097 |
| 52,961 TOTAL FUNDS CARRIED FORWARD |
206,608 | 259,569 | 246,191 |
| Total | Total | ||
|---|---|---|---|
| funds | funds | ||
| Note | 2021£ | 2020 £ |
|
| GROSS INCOME IN THE REPORTING PERIOD | 164,360 | 129,719 | |
| Less: Total expenditure | 150,982 | 192,743 | |
| NET INCOME FOR THE FINANCIAL YEAR | 13 | 13,378 | (25,906) |
| Note | £ | 2021£ | £ | 2020£ | |
|---|---|---|---|---|---|
| FIXED ASSETS | |||||
| Tangible assets Investments |
9 10 |
32,030 188,605 |
36,572 163,741 |
||
| 220,635 | 200,313 | ||||
| CURRENT ASSETS | |||||
| Debtors | 11 | 741 | 133 | ||
| Cash at bank and in hand | 40,785 | 48.161 | |||
| 41,526 | 48,294 | ||||
| CREDITORS: amounts falling due within | |||||
| one year | 12 | (2,592) | (2.416) | ||
| NET CURRENT ASSETS | 38,934 | 45,878 | |||
| NET ASSETS | 259,569 | 248,191 | |||
| CHARITY FUNDS | |||||
| Restricted funds | 13 | 206,608 | 173,965 | ||
| Unrestricted funds | 13 | 52,961 | 72,226 | ||
| TOTAL FUNDS | 259,569 | 246,191 |
| Fixtures and fittings Office equipment Computer equipment |
6.66% straight line 25% straight line 25% straight line |
|---|---|
| VOLUNTARY INCOME | |||
|---|---|---|---|
| Unrestricted Restricted | Total | Total | |
| funds funds | funds | funds | |
| 2021 2021 £ £ |
2021£ | 2020 £ |
|
| Offertory Tax reclaimed on covenanted giving Donations and other income Restricted donations and other income Government grants |
37,851 7,680 32,335 8,471 750 |
37,851 8,471 7,680 750 32,335 |
34,201 15,807 12,016 1,750 34,902 |
| Total donations and legacies | 77,866 9,221 |
87,087 | 98,676 |
| Total 2020 | 81,119 ^7,557 |
98.676 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2021£ | 2021£ | 2021£ | 2020 £ |
|
| Room Hire Centre Activity Property Rents |
12,536 28,043 6,900 |
12,536 28,043 6,900 |
7,403 21,892 2,300 |
|
| 47,479 | 47,479 | 31,595 | ||
| Total 2020 | 3^,595 | 31,595 |
| INVESTMENT INCOME | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| 2021£ | 2021£ | 2021£ | 2020£ | |
| Dividend income Interest receivable |
4,930 | 4,930 | 4,682 9 |
|
| 4,930 | 4,930 | 4,691 | ||
| Total 2020 | 9 | 4,682 | 4,691 |
| MINISTERIAL COSTS | |||
|---|---|---|---|
| Unrestricted | Total | Total | |
| funds | funds | funds | |
| 2021£ | 2021£ | 2020 £ |
|
| Housing costs | 3,369 | 3,369 | 3,194 |
| Total 2020 | 3,194 | 3,194 |
| OSTS OF CHURCH ACTIVITIES | ||||
|---|---|---|---|---|
| Total | Total | |||
| Costs£ | 2021£ | 2020 £ |
||
| Wages and salaries Cleaning Other and miscellaneous expenses Accountancy Postage and telephone Other running costs Stationery Catering purchases Gas, electricity and water rates Insurance Photocopying Repairs and replacements Worship expenses Motor and travelling Depreciation |
56,169 544 573 1,416 2,120 108 1,283 8,492 7,454 7,055 499 8,726 3,063 1,019 4,542 |
56,169 544 573 1,416 2,120 108 1,283 8,492 7,454 7,055 499 8,726 3,063 1,019 4,542 |
55,820 1,240 689 1,335 2,327 2,940 1,948 7,755 9,622 8,109 809 179 2,327 450 6,439 |
|
| 103,063 | 103,063 | 101,989 | ||
| = | ||||
| Total 2020 | 101,989 | 101,989 |
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|---|---|---|---|
| Unrestricted | Total | Total | |
| funds£ | 2021£ | 2020 £ |
|
| Ministry and mission fund | 44,550 | 44,550 | 50,442 |
| Total 2020 | 50,442 | 50,442 |
| 2021£ | 2020 £ |
|
|---|---|---|
| Depreciation of tangible fixed assets: | ||
| - owned by the charity | 4,542 | 6,439 |
| NGIBLE FIXED ASSETS | ||||
|---|---|---|---|---|
| Fixtures and fittings £ |
Office equipment£ |
Computer equipment£ |
Total£ | |
| Cost | ||||
| At 1 January 2021 and 31 December 2021 | 36,889 | 1,014 | 15,022 | 52,925 |
| Depreciation | ||||
| Ati January 2021 Charge for the year |
3,469 2,459 |
320 253 |
12,564 1,830 |
16,353 4,542 |
| At 31 December 2021 | 5,928 | 573 | 14,394 | 20,895 |
| Net book value | ||||
| At 31 December 2021 | 30,961 | 441 | 628 | 32,030 |
| At 31 December 2020 | 33,420 | 694 | 2,458 | 36,572 |
| IXED ASSET INVESTMENTS | |
|---|---|
| Listed | |
| securities£ | |
| Market value | |
| At 1 January 2021 Revaluations |
163,741 24,864 |
| At 31 December 2021 | 188,605 |
| XED ASSET INVESTMENTS (continued) Investments at market value comprise: |
||
|---|---|---|
| 2021£ | 2020 £ |
|
| Listed investments | 188,606 | 163,741 |
| All the fixed asset investments are held in the UK Material investments |
||
|---|---|---|
| 31 December | 31 December | |
| 2021£ | 2020£ | |
| COIF Income Shares M & G Charifund Cofunds Quadris - Goodwood fixed rate accumulation Quadris - Goodwood fixed rate distribution Cash deposits |
116,680 37,660 34,263 2 |
102,632 33,216 27,165 123 96 510 |
| 188,605 | 163,742 |
| 11. DEBTORS | ||
|---|---|---|
| 2021£ | 2020 £ |
|
| Prepayments and accrued income | 741 | 133 |
| 12. CREDITORS: Amounts falling due within one year | ||
| 2021£ | 2020£ | |
| Other creditors Accruals and deferred income |
626 1,966 |
590 1,826 |
| 2,592 | 2,416 |
| Balance at | ||||
|---|---|---|---|---|
| Balance at | 31 | |||
| 1 January | Gains/ | December | ||
| 2021£ | Income Expenditure £ £ |
(Losses) 2021 £ £ |
||
| Unrestricted funds | ||||
| General Funds | 72,226 | 125,345 (150,982) | 6,372 | 52,961 |
| Restricted funds | ||||
| Restricted Funds | 173,965 | 14,151 | 18,492 | 206,608 |
| Total of funds | 246,191 | 139,496 (150,982) | 24,864 | 259,569 |
| Balance at | |||
|---|---|---|---|
| Balance at | 31 | ||
| 1 January | Gains/ December | ||
| 2020 £ |
Income Expenditure £ £ |
(Losses) 2020 £ £ |
|
| General Funds | 118,490 | 112,714 (155,625) | (3.353) 72,226 |
| Restricted funds | |||
| Restricted Funds | 153,607 | 22,248 | (1,890) 173,965 |
| Total of funds | 272,097 | ^34,962 (155,625) | (5,243) 246,191 |
| Balance at | |||
|---|---|---|---|
| Balance at | 31 | ||
| 1 January | Gains/ December | ||
| 2021£ | Income Expenditure £ £ |
(Losses) 2021 £ £ |
|
| General funds Restricted funds |
72,226 173,965 |
125,345 14,151 (150,982) |
6,372 18,492 52,961 206,608 |
| 246,191 | 139,496 (150,982) | 24,864 259,569 |
| Balance at | |||
|---|---|---|---|
| Balance at | 31 | ||
| 1 January | Ga/ns/ December | ||
| 2020 £ |
Income Expenditure £ £ |
(Losses) 2020 £ £ |
|
| General funds Restricted funds |
118,490 153,607 |
112,714 22,248 (155,625) |
(3,353) (1,890) 72,226 173,965 |
| 272,097 | 134,962 (155,625) | (5,243) 246,191 |