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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||Note|Fund
f|Funds
f|2021f|2020f|
|INCOME||||||||
|Donations
and Legacies||||182,909|87,501|270,410|261,915|
|Charitable
Activities||||5,171||5,171|6,352|
|Investments|||||||222|
|Other Income||||1,120||1,120|2,047|
|||||189,209|87,501|276,710|270,536|
|EXPENDITURE||||||||
|Charitable
Activities||||192,161|93,193|285,354|631,392|
|NET INCOME AND||||||||
|NET MOVEMENTS|IN|FUNDS||(2,952)|(5,692)|(8,644)|(360,856)|
|Movement
in Pension||Liability|4|1,138||1,138|21,001|
|RECONCILIATION|OF FUNDS|||(1,814)|(5,692)|(7.506)|(339,855)|
|TOTAL FUNDS BROUGHT FORWARD||||||||
|AT 1 JANUARY 2021||||68,846|2,679,166|2,748,012|3,087,867|
|TOTAL FUNDS CARRIED FORWARD||||||||
|AT 31 DECEMBER|2021||9|667,032|f2,673,474|f2,740,506|f2,748,012|
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|BALANCE SHEET
AT 31 DECEMBER 2021||||||
|---|---|---|---|---|---|
||||2021||2020|
||Note|||||
|FIXEDASSETS||||||
|Tangible Assets|||2,878,676||2,884,799|
|TOTAL FIXEDASSETS|||2,878,676||2,884,799|
|CURRENT ASSETS||||||
|Debtors|6|11,581||33,958||
|Cash at Bank||73,615||105,831||
|Cash in Hand||168||152||
|TOTAL CURRENT ASSETS||85,364||139,941||
|LIABILITIES||||||
|Creditors
falling due within one year|7|(40,046)||(66,676)||
|NET CURRENT ASSETS|||45,318||73,265|
||||2,923,994||2,958,064|
|LIABILITIES||||||
|Creditors
falling due after one year|8||(183,488)||(210,052)|
|NET ASSETS|||62,740,506||E2,748,012|
|THE FUNDS OF THE CHARITY|9|||||
|Unrestricted
Income Fund|||67,032||68,846|
|Restricted
Income Funds|||2,673,474||2,679,166|
|TOTAL CHARITY FUNDS|||f2,740,506||62,748,012|
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|INCOME|||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Generalf|Funds|2021f|2020
F|
|Donations|and legacies||||||
|Offerings
and Donations|||154,413|75,380|229,793|214,028|
|Gift Aid Tax|Refunds||28,496|12,121|40,617|41,477|
|Legacies||||||6,410|
||||182,909|87,501|270,410|261,915|
|Charitable|activities||||||
|Church
Hall|and Room|Lettings|4,651||4,651|5,192|
|Fees and Other Income|||520||520|1,160|
||||5,171||5,171|6,352|
|Investments|||||||
|Interest|||||||
|Building for God Fund
General
Fund||||||143
79|
||||||9|222|
|Other Income|||||||
|Government|Furlough|Grant|1,120||1,120|2,047|
|TOTAL INCOME|||F189,209|687,501|f276,710|f270,536|
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|EXPENDITURE||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted||Restricted|Total|Total|
||||||||General|Fund|Funds|2021|2020|
|Charitable
activities||||||||||||
|Grants|||||||||14,194|14,194|16,443|
|Missionary
and Charitable||||Giving|(Note 12)|||7,417|30,362|37,779|28,657|
|Ministry||||||||||||
|Salaries, Pensions|and|||Allowances||(Note 4)|107,093|||107,093|91,536|
|Interest on Pension||Liability (Note 4)||||||154||154|1,098|
|Visiting Preachers||||||||370||370|871|
|Youth and Children's|||Ministry||and Leadership||Training|455||455|258|
|Church
Running
Costs||||||||||||
|Light and Heat||||||||9,575||9,575|7,377|
|Insurance||||||||4,776||4,776|4,815|
|Miscellaneous|||||||||||3,282|
|Repairs and Maintenance|||||||10,390||27,573|37,963|434,372|
|Water||||||||773||773|648|
|Equipment||||||||2,048||2,048||
|Cleaning
and Waste||Disposal|||||12,698|||12,698|13,073|
|Manse Running
Costs||||||||||||
|Light and Heat||||||||2,814||2,814|1,908|
|Insurance||||||||532||532|506|
|Council Tax||||||||3,340||3,340|3,236|
|Repairs and Maintenance||||||||1,486||1,486|1,705|
|Telephone||||||||612||612|530|
|Outreach|||||||||||79|
|Training,
Conferences|and|||Courses||||398||398|1,893|
|Learning
Community||||||||650||650||
|Flowers and Catering||||||||296||296|166|
|Stationery
and Copying
Computer
and Office Equipment|||||Costs|||1,697
3,510||1,697
3,510|2,429
710|
|Depreciation||||||||1,930|15,336|17,266|3,028|
|Telephone,
Fax and Internet||||||||700||700|750|
|Subscriptions
and Publications||||||||2,745||2,745|2,764|
|Travel Expenses||||||||587||587|292|
|Music Licences and Expenses||||||||9,225||9,225|799|
|Interest on Loan|||||||||5,632|5,632|2,780|
|Miscellaneous||||||||438|96|534|185|
|Governance
Costs||||||||||||
|Independent
Examiner's||||Fee||||3,350||3,350|3,200|
|Accountancy
Fees to|||Independent|||Examiner's|Firm|1,850||1,850|1,750|
|Trustees'
Insurance||||||||252||252|252|
|TOTAL EXPENDITURE|||||||6192,161||693,193|K285,354|f631,392|
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|and the other employers
supporting
the D|B Plan are col|lectively
res|ponsible
for fundi|
|---|---|---|---|
|The key financial
assumptions
underlying|the valuations|were:||
|Type of assumption
RPI price inflation
assumption|||% per annum
3.20|
|CPI price inflation
assumption|||2.70|
|Minimum
Pensionable
Income|Increases (RPI)||3.20|
|Assumed
investment
returns||||
|Pre-retirement|||2.95|
|Post-retirement|||1.70|
|Deferred pension increases||||
|Pre April 2009|||3.20|
|Post April 2009|||2.50|
|Pension increases||||
|Main Scheme pension|||2.70|
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|TANGIBLE ASSETS||||
|---|---|---|---|
||Freehold Property|Furniture||
||and Buildings|and Equipment|Total|
|||8|8|
|Cost or Valuation||||
|At 1 January 2021
Additions
in the year|2,832,886|104,824
11,143|2,937,710
11,143|
|Disposals
in the year||||
|At 31 December 2021|2,832,886|115,967|2,948,853|
|Depreciation
At 1 January 2021||52,911|52,911|
|Charges for the year||17,266|17,266|
|Depreciation
on disposals||||
|At 31 December 2021||70,177|70,177|
|Net Book Value||||
|31 December 2021|82,832,886|845,790|62,878,676|
|31 December 2020|f2,832,886|851,913|F2,884,799|
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|FO|R THE YEAR|ENDED 31|DECEMBER 2021 (CONTINUED)|||
|---|---|---|---|---|---|
|||||2021|2020f|
|6|DEBTORS|||||
||Income Tax|Recoverable||10,851|11,223|
||Other Debtors|||730|22,646|
||P repayments||||89|
|||||611,581|633,958|
|7|LIABILITIES:Creditors||falling due within one year|||
||Accruals and Deferred||Income|6,000|4,950|
||Creditors
for Goods and Services|||10,006|38,305|
||Taxation and Social Security|||1,265|700|
||Bank Loans|||18,506|18,506|
||Obligations|under Defined Benefit Pension Scheme||4,215|4,215|
|||||640,046|666,676|
|8|LIABILITIES: Creditors||falling due after one year|||
||Obligations|under Defined Benefit Pension Scheme||29,565|37,778|
||Bank Loans|||153,906|172,274|
|||||f183,488|F210,052|
|FUNDS|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||Movement||
|||||At 1|||in Pension|At 31|
|||||January|||Fund|December|
|||||2021|Income|Expenditure|Liability|2021|
|||||6|||6|6|
|Unrestricted||Fund|||||||
|General|Fund|||68,846|189,209|(192,161)|1,138|67,032|
|Restricted
Fund|||||||||
|Property|Fund|||2,832,886||||2,832,886|
|Mission|Fund|||10,157|30,992|(30,458)||10,691|
|Fellowship
Fund||||7,099|8,170|(14,194)||1,075|
|Building|for God||Fund|(170,976)|48,339|(48,541)||(171,178)|
|Total Restricted|||Funds|2,679,166|87,501|(93,193)|-|62,673.474|
|TOTAL|FUNDS|||F2,748,012|f276,710|f(285,354)|f1,138|F2,740,506|
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