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2020-08-31-accounts

Contents Page Page
Reference and adminrstrative details 1
Trustees'report ) _a,
Siatement ofTrustees'Responsibilities 4
lndependentExaminers Report 6
Statement of financial activities b
Balance sheet 7
Notes to the financial statements Q
u_
14

tt

UnrestrictedDesignatedRestrictedEndowment
GeneralPropefi
FundReserve
2020
Total
UnrestrictedDesignatedRestrictedEndowment
GeneralPropefi
FundReserve
2020
Total
UnrestrictedDesignatedRestrictedEndowment
GeneralPropefi
FundReserve
2020
Total
UnrestrictedDesignatedRestrictedEndowment
GeneralPropefi
FundReserve
2020
Total
2419
Total
Note
lncomingResources
Offerings
RetiringOfferin gslFundraisin g
Furlough Receivable
lncomeTaxRefunds
lnterestReceived
lncomefromLettings
Grants received
95,607
4,464
9,911
16,716
445
24,054
7,835
67 4
I
9s,607
4,464
9,91''
16,716
513
24,054
7,835
106,281
4,950
17.808
404
45,798_
Total lncomingResources 159,631 67 158,699 175.241
ResourcesExpended
MaintenanceofMinistry
MaintenanceofProperty
Church Support Costs
Donations
Administration
Depreeiation
2
a
E
6
7B
97,417
60,691
765
4,025
1,390
44'70
250 ttt 97.417
60,691
765
4,025
1,751
5,179
105,436
59.875
2,214

7.290

2.344

16,148
Total ResourcesExpended 169,467 250 111 169,g2g 193,307
Netlncomingl{Outgoing)Resources (10,836) {183) (110) {11,129!. (18,066)
Transfers between funds
OtherRecognisedGainsand Losses
Unrealised (losses)/gainsoninvestments \cJ/
Net MovementofFunds (10,836) (183) (110) (11,1291 (18,099)
Balances asat1September 201g 79,5252A,231 9,481 110 109,347 127,446
Balances as at31August 2020 68,68920,231 9,298 98,218 109,347

2420 2419
Note f
FixedAssets
Investments 7A 110
Tangible Assets 7B 46; 5,646
467 5,756
Current Assets
Sundry DebtorsandPrepayments I 10,733 30.450
CFBDeposit Accounts 80,316 68.976
CashatBank and in hand 25,624 6.415
116,673 105.841
CurrentLiabilities(duewithinone year)
Sundry Creditors 18,922 2250
Accrualsanddeferredincome
18,922 2.250
NetCurrent Assets 97.751 103,591
TotalNetAssets 98,21 8 145.347
Represented by:
Funds
Unrestricted
GeneralFund 11 68,689 79.525
Property Reserve 11 24,231 20,231
Restricted tt
HabitatforHumanity 9,298 9,481
CapitalFund 11 114
98.218 109,347

Equipment
Computerslighting and sound system
MaintenanceofMinistry
-
25% reducing balance
-
25% on cost
2020 2A19
Circuit Assessment
ExpensesofMinistry
Salaries and pension
(Youth Workers)

60,885
4,620
31,912

70.308
3,550
31,578
97.417 105,436

MaintenanceofProperty 2020 2019
E
Salaries and pension 23,053 22,611
lnsurance 3,087 4,831
Lightandheat 15,300 15,1BB
Water charges 1,286 942
Building maintenance 9,104 8,452
Contract cleaning 8,860 7,852
60,691 59,876

Donations-General Fund
MethodistConnexionalFunds 1,505 1,505
Christian Aid 922 1??O
Other 1,599 3,446
4,025 7,290
Administration-General Fund f
Printing and stationery
Telephone
433
802
1,458
tt?
Licence 155
1.390 2,344

202A 2919
7. FixedAssets
(A) lnvestments f
Capital Fund-heldbythecustodian trustees(note10) 110
(B) Tangible Assets t t
Equipmentat cost:
Balance brought forward 68,827 68.827-
Additionsinthe year
Disposalsrnihe year
Balance carriedfonryard 68,827 68,827
Depreciation:
Balancebrought fo,.ward 63,18'1 47.034
Charge for year 5,179 16.147
On disposalsinthe year
Balance carried forward 68,360 63,1B1
Net Book Value 467 5,646
c Current Assets
g
Sundry Debtors and Prepayments:
GiftAidreceivable
Prepayments
7,942
2,791
22,064
8,386
10,733 30,450
o Current Liabilities
Sundry Creditors:
Pension 409
Circuit Assessment /.toJ
GrantforEducational Workshops 9,850
Mayor's concert Ticket Sales 1,500
Grant for kitchen 2,zsA
18,922 2,25A

Valueat Valueat
31Aug 2020 3'1Aug2019
L L
ModelTrustBequest-AlfredE Leverett Gift 110
Various
1'10

AnalysisofNetAssets between Funds
Unrestricted Restricted Total Total
2420 2019
E t
lnvestments 110
Tangible Assets 467 467 5,646
Current Assets 147,37s 9.298 tro.o/J 105,841
CurrentLiabilities (18,922) (18,e22) Q,254)
Total Net Assets BB,g2O 9,298 98,218 109,347