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2021-03-31-accounts

Page
Reference and Administrative Details ofthe Charity, its Trustees and Advisers
Trustees'
Annual
Report
2-6
Independent
Examiner's
Report
7-8
Statement
of Financial
Activities
Balance Sheet 10
Statement
ofCash Flows
Notes to the Accounts 12-21

Trustee FIEC Ltd
Managing Trustees Elders: A Oldfield S Price
J Byrne P Prior
P Dyer A Thomas
S Heap S Woods
J Herring
Deacons: A Andrew P Hodges
LAwojobi J Hampson
G Beveridge A Howlett
A Bowden F Ogunniyi
M Carey M Powell
Charity registered number 1135272
Registered office Kensington Baptist Church
208Stapleton Road
Easton
Bristol
BSSONX
Independent examiner Norman Fayers CPFA
Bankers HSBC Bank pic
11Canford Lane
Westbury-on-Trym
Bristol
BS93DE

Restricted Unrestricted
funds funds 2,021 2,020
Note E E 6 f
Income
Donations and gifts 2 61,259 288,961 350,220 390,565
Income from charitable activities 2 5,795 5,795 7,618
Investment income 2 18,178 18,178 16,058
TotaI income 61,259 312,934 374,193 414,241
Expenditure
Expenditure on charitable activities 3 67,278 301,848 369,126 412,470
Total expenditure 67,278 301,848 369,126 412,470
Net income / (expenditure) before transfers (6,019) 11,086 5,067 1,771
Transfers
between
funds
12,13 28,430 (28,430)
Net income / (expenditure) and net
movement in funds for the year 22,411 (17,344) 5,067 1,771
Reconciliation
offunds
Total funds at the start ofthe year 12,13 145,898 673,487 819,385 878,218
Total funds at the end ofthe year 14 168,309 656,143 824,452 879,989

31March 2021 31March 2020
Note f f
Fixed assets
Tangible fixed assets 546,060 564,379
Current assets
Debtors 8 8,837 11,152
Cash at bank and in hand 9 274,465 252,061
283,302 263,213
Creditors
Amounts
falling due
within one year 10 (4,410) (7,707)
Net current assets 278,892 255,506
Total assets less current liabilities 824,952 819,885
Creditors: Amounts falling due after
more than one year (500) (500)
Net assets 824,452 819,385
Charity funds
Restricted funds 12 168,309 145,898
Unrestricted
funds
13 656,143 673,487
824,452 819,385

2,021 2,021 2,020 2,020
E E E f
Cash flow from operating
activities
Net movement
in funds
5,067 1,771
Add: Depreciation
oftangible assets
18,319 18,319
Less; Interest (included
in investing
activities) (469) (875)
Decrease/(increase)
in debtors
2,315 659
Increase / (decrease)
in creditors
(3,297) 3,047
16,868 21,150
Net cash (outflow) / inflow from operating activities 21,935 22,921
Cash flows from investing
activities
Interest received 469 875
Net cash inflow / (outflow) from investing activities 469 875
Cash flows from financing
activities
Increased /repayment
of borrowing
(net) (10,000)
Net cash inflow / (outflow) from financing activities (10,000)
Net change
in cash and cash equivalents
22,404 13,796
Cash and cash equivalents
at the start ofthe year
252,061 238,265
Cash and cash equivalents
at the end ofthe year
274,465 252,061

Restricted Restricted Unrestricted
funds funds 2,021 2,020
E f f E
Donations and gifts 89,689 288,961 378,650 390,565
Income from church activities 4,017 4,017 5,232
Sundry Income 1,778 1,778 2,386
5,795 5,795 7,618
Rental income 17,709 17,709 15,183
Interest received 469 469 875
18,178 18,178 16,058
89,689 312,934 402,623 414,241
2,021 2,020
United Kingdom 100% 1009o
Europe 0/o OSE
Rest ofthe World 09o O'Yo

Restricted Unrestricted
funds funds 2,021 2,020
f f f f
Expenditure
on charitable
activities
Direct charitable expenditure 67,278 73,002 140,280 165,686
Administrative costs 178,972 178,972 192,970
Premises costs 49,874 49,874 53,814
Total expenditure 67,278 301,848 369,126 412,470
Net incom e / (expenditure)
is s
tated after char ging:
2,021 2,020
f f
Depreciation 18,319 18,319
a) Analysis ofdirect charitable expenditure
Restricted Unrestricted
funds funds 2,021 2,020
f f f f
Missionary support 62,890 62,890 55,524
Children's and youth work 2,878 2,878 2,590
Other activities 67,278 7,234 74,512 107,572
I
67,278 73,002 140,280 165,686

Restricted Unrestricted
funds funds 2,021 2,020
f f f f
Printing, copying and computing 7,175 7,175 8,389
Telephone 1,720 1,720 1,467
FIEC subscription 5,316 5,316 6,468
Miscellaneous
costs
& Legacy transfer 2,316 2,316 4,149
Covid costs 4,148 4,148
Staff costs 154,547 154,547 145,248
Visitors and training costs 3,750 3,750 22,837
Fuel and subsistence 0 662
Minibus servicing & repair 0 2,056
Minibus tax and insurance 0 1,694
178,972 178,972 192,970

Restricted Unrestricted
funds funds 2,021 2,020
f f E f
Property repairs and upkeep 21,097 21,097 20,509
Insurance 5,018 5,018 5,476
Light, heat and water 5,440 5,440 9,510
Depreciation 18,319 18,319 18,319
49,874 49,874 53,814

Staff costs during the year were as follows:
2,021 2,020
f f
Salaries and wages 140,648 129,051
Social security costs 5,877 8,690
Pension costs 8,022 7,507
154,547 145,248

The aver age monthly
number ofemployees
duri
ng the year was as follows:
2,021 2,020
No. No.
Full-time staff 3 3
Part-time staff 3 3
6 6

Property Freehold Fixtures
improvements buildings 8Lfittings Total
f f f f
Cost
At 1April 2020 809,429 50,000 178,488 1,037,917
Additions
Disposals
At 31March 2021 809,429 50,000 178,488 1,037,917
Depreciation
At 1April 2020 273,211 25,000 175,327 473,538
Charge for the year 16,189 1,000 1,130 18,319
On disposals
At 31March 2021 289,400 26,000 176,457 491,857
Net book value
At 31March 2021 520,029 24,000 2,031 546,060
At 31March 2020 536,218 25,000 3,161 564,379
2,021 2,020
f f
Other debtors 1,500 1,855
income tax recoverable 7,337 9,297
8,837 11,152
Cash at bank and in hand
2,021 2,020
f f
Cash on short term deposit 160,000 160,000
Cash at bank and in hand 114,465 92,061
274,465 252,061

2,021 2,020
E f
Bankloan 0 0
Other creditors 4,410 7,707
4,410 7,707

2,021 2,020
f E
Interest free loans re Building Project 500 500
2,021 2,020
f E
Within one year 0 0
More than one year 500 500
500

Brought Incoming Resources Transfers Carried
forward resources expended in / (out) forward
f f f f
Specific gifts 145,898 61,259 (67,278) 28,430 168,309
Restricted funds 145,898 61,259 (67,278) 28,430 168,309

Brought Incoming Resources Transfers Carried
forward resources expended In / (out) forward
f f f f f
General fund 673,487 312,934 (301,848) (28,430) 656,143
Unrestricted funds 673,487 312,934 (301,848) (28,430) 656,143

Restricted Unrestricted
funds funds 2,021 2,020
f f f f
Tangible fixed assets 546,060 546,060 564,379
Debtors 8,837 8,837 11,152
Net current assets 168,309 101,746 270,055 244,354
Long term liabilities (500) (500) (500)
168,309 656,143 824,452 819,385