| Page | |||
|---|---|---|---|
| Legal and administrative | information | ||
| Trustees report | 3-5 | ||
| Independent Examination |
report | 6-7 | |
| Statement offinancial |
activities | ||
| Balance sheet | |||
| Notes to the financial | statements | 10-15 |
| Towy Community Church 07 |
Towy Community Church 07 |
181550 | 181550 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| STATEMENT OF FINANCIAL | ACTIVITIES | for the period ended 31st December | 2021 | ||||||
| Unrestricted | Restricted | Total | |||||||
| notes | Funds | Funds | Funds | ~last | ear | ||||
| Incomin Resources |
3 | ||||||||
| Donations, Legacies &Similar Incoming resources |
|||||||||
| Donations Income |
68,611 | 35,195 | 103,806 | 134,225 | |||||
| Grants received - Unrestricted |
22,084 | 22,084 | 23,174 | ||||||
| Grants Received - Restricted |
266,180 | 266,180 | 287,116 | ||||||
| Incoming Resources from |
Operating | Activities | |||||||
| a) in furtherance ofthe |
charity's objectives | ||||||||
| Trading income |
573,709 | 573,709 | 346,158 | ||||||
| b) for generating funds |
|||||||||
| Fundraising | |||||||||
| Investment Income |
|||||||||
| Bank Interest Received | |||||||||
| Other Incoming Resources | |||||||||
| Tax Rebate from Co~nant/Gift | Aid | 5,785 | 1,907 | 7,692 | 9,046 | ||||
| Other income | 4,222 | 4,380 | 8,602 | 30,686 | |||||
| TOTAL INCOMING RESOURCES |
100,702 | 881,371 | 982,073 | 830,406 | |||||
| Resources Ex ended | |||||||||
| Costs ofgenerating Funds |
|||||||||
| Fundraising Costs |
|||||||||
| Charitable Expenditure |
|||||||||
| Grants/Gifts in furtherance ofobjectiws |
7,890 | 7,890 | 7,659 | ||||||
| Resources Expended on |
Management | & | |||||||
| Administration (including Xcel costs) |
92,864 | 742,724 | 835,588 | 887,115 | |||||
| Support Costs | 9,909 | 9,909 | 16,361 | ||||||
| Governance Costs: |
|||||||||
| Audit Fees | 2,500 | 2,500 | 2,500 | ||||||
| Fees for preparation ofaccounts |
900 | 900 | 900 | ||||||
| TOTAL RESOURCES EXPENDED | 100,754 | 756,033 | 856,787 | 914,535 | |||||
| NET INCOMING RESOURCES Before transfers | 52 | 125,337 | 125,286 | 84,129 | |||||
| Transfers Between Funds |
|||||||||
| NET INCOMING RESOURCES After transfers | 52 | 125,337 | 125286 | - | 84 129 | ||||
| Gains/Losses on Revaluation |
ofFixed Assets | ||||||||
| NET MOVEMENT IN FUNDS |
52 | 125,337 | 125,286 | - | 84,129 | ||||
| Total Funds Brought Forward |
22,909 | 943,591 | 966,500 | 1,050,629 | |||||
| Total Funds Carried Forward |
22,858 | 1,068,928 | 1,091,786 | 966,500 |
| 8.1 Staff Costs | |||||
|---|---|---|---|---|---|
| This Year | Last Year | ||||
| Gross Wa es 8 | Salaries | incl. ER NI | 522,930 | 575,287 | |
| Pension Costs | 10,729 | 11,476 | |||
| Redundanc | Costs | 36,306 | |||
| 8.2 Number of | Em | lo ees | |||
| This Year | Last Year | ||||
| Full time em | lo | ees ore uivalent | 34 | 47 |
| .Fixed | Assets | |||||||
|---|---|---|---|---|---|---|---|---|
| Furniture | 8 | ~Xcei Ca ital | Xcel Bowl | TOTAL | ||||
| ettueiment- | ~Ex enditure | EctuEiment- | ||||||
| General | Funds | ~Bail dim | Restricted | |||||
| Restricted | ||||||||
| 0 enin | Balance Cost | 18,050 | 1,549,051 | 423,321 | 1,990,421 | |||
| Additions | in Year | 5,142 | 5,142 | |||||
| Dis osals in Year | 1,233 | 1,233 | ||||||
| Closin | Balance at Cost | 18 | 050 | 1 549051 | 427 229 | 1 994330 | ||
| Opening | Accumulated | 16,218 | 228,495 | 369,133 | 613,845 | |||
| De reciation | ||||||||
| Char e | for ear |
721 | 30,981 | 16,548 | 48,250 | |||
| Released on Dis osal | 581 | |||||||
| Closin | Accumulated | De reciation | 16 | 938 | 259476 | 385100 | 661 514 | |
| Closin | Net BookYalue | 1,289,575 | 42,129 | 1,332,816 |
| following amounts were paid to trustees as salary ument:- |
for specific employment roles as permitted in the |
|---|---|
| Name | EThis Year |
| David Insull | 15,128 |
| Paul Griffiths | 26,201 |
| This Year | Last | Year | ||||
|---|---|---|---|---|---|---|
| Due Total |
within Due |
1 Year under operating |
lease | 6756 6,756 |
j | 20,268 27,024 |