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|Charity information||||1|
|Trustees' Annual
Report|||2-7||
|Statement ofdirectors'|responsibilities||8-9||
|Independent
Accountant's||Report|10-11||
|Funds Sfafsments:-|||||
|Statement of Financial|Activities|||12|
|Statement of Financial|Activities - Prior Year statement|||12|
|Statement oftotal recognised
gains and losses||||13|
|Movements
in funds||||14|
|Income and Expenditure||account||15|
|Balance sheet||||16|
|Notes to the accounts|||17-|25|
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|The financial|position|ofthe charity at 31 December 2020|and comparatives|for the prior period,|
|---|---|---|---|---|
|as more fully|detailed|in the accounts, can be summarised|as follows:-||
||||2020|2019|
||||6|f|
|Net income|||(2,553,643)|(150,193)|
|Unrestricted
Revenue Funds available for the
general purposes ofthe charity|||215,529|2,769,170|
|Total Funds|||215,529|2,769,170|
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||||Current year|Current year|Current year|Prior Year|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|TctsiFunds|ToisiFunds|
||||Funds|Funds|||
||||2020|2020|2020|2019|
||||0|8|0|8|
|Income &Endowments||from:|||||
|Donations
&|Legacies||198,633||198,633|47,788|
|Investments|||5||5|5|
|Total income|||198,838||198,638|47,793|
|Expenditure|on:||||||
|Charitable
activities|||94,850||94,850|197,986|
|Other|||2,657,431||2,657,431||
|Total expenditure|||2,752,281||2,752,281|197,986|
|Net income|for the year||(2,553,643)||(2,553,643)|(150,193)|
|Netincome|aftertransfers||(2,553,643)||(2,553,643)|(150,193)|
|Net movemsnt
in funds|||(2,553,643)||(2,553,643)|(150,193)|
|Reconciliation
offunds:-|||||||
|Total funds|brought forward||2,769,170||2,769,170|2,919,363|
|Total funds|carried forward||215,527||215,527|2,769,170|
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||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||||5|6|
|Surplus for the year i-|||||||||
|Net excess ofincoree over|expenditure|frore operations||before|lax||103,788|(150,193)|
|Realised gains/(losses)
on|the disposal|oftangible|fixed|assets|||(2,657,431)||
|Realised gains
on disposals ofsocial investments|||which are programme|||related|||
|Income from operations|before taxin|the Statement||ofFinancial Activitea|||(2,553,643)|(150,193)|
|Net Movement
in funds before taxation|||||||(2,553,643)|(150,193)|
|Funds generated
in the year as shown||on Statement ofFinancial Activities|||||(2,553,643)|(150,193)|
|The notes attached
on|pages 17to|25form|an integral||part of|these accounts.|||
|GREAT COMMISSION|MINISTRIES - Resources applied|||||in the year ended|31 December|2020|
|towards fixed assets|for Charity|use:-|||||||
||||||||2020|2019|
||||||||6|6|
|Funds generated
in the year as detailed
in the SOFA|||||||(2,553,643)|(150,193)|
|Resources applied on functional
fixed assets||||||||(8,188)|
|Other applications
offunds|||||||||
|Net resources available|to fund charitable activities||||||||
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||||Unrestricted|Rsstricled|Total|Last year|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Total Funds|
||||2020|2020|2020|2019|
||||6|0|0|8|
|Accumulated|funds brought forward||2,769,170||2,769,170|2,010,363|
|Recognised
transfers|gains and|losses before|(2,553,643)||(2,553,643)|(150,193)|
||||215,527||215,527|2,769,170|
|Closing revenue funds|||215,527||215p527|2,760,170|
|Summary|of funds||Unrestricted|Restricted|Total|Last Year|
||||and|Funds|Funds|ToislFunds|
||||Designated
funds||||
||||2020|2020|2020|2010|
||||0|0|0|6|
|Revenue accumulated||funds|215,527||215,527|2,769,170|
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|Income and
Companies|Expenditure
Acc
Act 2000|ount fo|r t|he year ended 31 Dec|ember 2020as required
by|the|
|---|---|---|---|---|---|---|
||||||2020|2010|
||||||8|6|
|Income|||||||
|Income from|operations||||198,633|47,788|
|Investment
income|||||||
|Interest receivable|||||||
|Gross Income|in the year before exceptional||items||108,638|47,793|
|Gross income|In the year including|exceptional||items|198,638|47,703|
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|Expenditure||||||||
|---|---|---|---|---|---|---|---|
|Charitable
expenditure,
excluding
depreciation|||and|amortisation||37,955|49,019|
|Depreciation
and amortisation||||||54,220|145,467|
|Governance
costs||||||2,675|3,500|
|Realised losses
on|disposals ofsocial|investments||which are programme|related|||
|Realised losses on|disposals oftangible fixed||assets held for the charitjjs||own use|2,657,431||
|Total expenditure|in the year|||||2,752,281|197,966|
|Net Income before|tax in the financial year|||||(2,553,643)|(150,193)|
|Tax on surplus
on ordinary
activities||||||||
|Net Income after tax In the financial||year||||(2,553,643)|(150,193)|
|Retained surplus|for the financial|year||||2,553,643|150,193|
|All activities derive|from continuing|operations||||||
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|Current
Year|Land and
Buildings|Plant 8
Machinery|Motor
Vehicles|Total|
|---|---|---|---|---|
||E|E|||
|Cost|||||
|At 1 January 2020|2,560,180|663,026|123,499|3,346,705|
|Disposals|(2,560,180)|(325,122)|(123,499)|(3,008,801)|
|At 31 December 2020||337,904||337,904|
|Depreciation|||||
|At 1 January 2020||390,108|63,967|454,075|
|Charge for the year||48,045|6,175|54,220|
|On disposals||(287,403)|(63,967)|(351,370)|
|At 31December 2020||150,750|6,175|156,925|
|Net book value|||||
|At 31 December 2020||187,154|~(6,( 5|180,979|
|At 31December 2019|2,560,180|272,918|59,532|2,892,830|
|Prior Year|Land and
Buildings|Plant 5
Machinery|Motor
Vehicles|Total|
||E||E|E|
|Cost|2,560,180|663,026|123,499|3,346,705|
|01January 2020|2,560,180|663,026|123,499|3,346,705|
|Depreciation|||||
|01 January 2019||390,108|63,967|454,075|
|01January2020||390,108|83,987|454,075|
|Net book value|||||
|01January 2020|2,560,180|272,918|59,532|2,892,630|
|01January2019||~398708|~65967|~(454075|
|Debtors|||||
||||2020|2019|
||||E|E|
|Prepayments
and accrued income||||15,252|
|Other debtors||||44,500|
|||||59,752|
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|No|tes to the Accounts|for the year ended 31December 2020|for the year ended 31December 2020|||
|---|---|---|---|---|---|
|10|Creditors: amounts|falling due within one year||2020f|2019f|
||Trade creditors||||53,417|
||Accruals|||600|22,728|
||PAVE, NIC VAT and other taxes||||19,808|
||Other creditors||||43,443|
|||||600|139,396|
|11|Creditors: amounts|falling due atter one year||2020
f|2019
f|
||Bank loans and cvsrdrsfts|||50,000||
||Finance lease snd HP contracts||||45,199|
|||||50,000|45,199|
|12|income and Expenditure||account summary|2020f|2O19|
||At 1January 2020|||2,769,170|2,919,363|
||Surplus after tsx for the|year||(2,553,643)|(150,193)|
||At 31 December 2020|||215,527|2,769,170|
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|At 31 December 2020|At 31 December 2020|Unrestricted|Designated|Restricted|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|Funds|
|||f|||f|
|Tangible|Fixed Assets|180,979|||180,979|
|Current|Assets|85,150|||85,150|
|Current|Liabilities|(600)|||(600)|
|Long Term l.iabilitiss||(50,000)|||(50,000)|
|||215,529|||215,529|
|At 1 January 2020||Unrestricted|Designated|Restricted|Total|
|||funds|funds|funds|Funds|
|Tangible|Fixed Assets|2,892,630|||2,892,630|
|Current|Assets|61,135|||61,135|
|Current|Liabilities|(139,396)|||(139,396)|
|Long Term Liabilities||(45,199)|||(45,199)|
|||2,789,170|||2,769,170|
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||||||||||Funds brought|Funds brought|Slovamant
in|Transfers|Funds carried|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||forward from||funds
in 2020|between|forward to|
|||||||||||2019||funds in 2020|2020|
||||||||||||sea Note 10
f|||
||Vnrestricted||and designated||||funds:-|||||||
||Unrestricted|Revenue|||Funds||||2,769,170||(2,553,643)||215,527|
||Total unrestricted|||and designated||||funds|2,769,170||(2,553,643)||215,527|
||Total charity||funds||||||2,769,170||(2,553,643)||215,527|
|16|Analysis of||movements|||in|funds over the year as shown|||in Note|15|||
|||||||||||||Other||
||||||||||Income||Expenditure|Gains &|Movement|
|||||||||||||Losses|in funds|
|||||||||||2020|2020|2020|2020|
|||||||||||6|E|6|f|
||Unrestricted||and designated||||funds:-|||||||
||Unrestdcted|Revenue|||Funds|||||198,638|(2,752,281)||(2,553,643)|
|||||||||||198,638|(2,752,281)||2,553,643|
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|19|Donation|s,||Grant|s and Legacies|||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Current year|Current year|Current year|Prior Year|
|||||||Unrestricted|Restricted|TulalFunda|Total Funds|
|||||||Funds|Funds|||
|||||||2020|2020|2020|2019|
||Offerings|and||Tithe||||||
||Offeringa and||Tithe|||198,633||198,633|47,786|
||Total Offarings and||||Tithe|198,633||198,633|47,788|
||Total Donations,||||Grants and Legacies|||||
||Total Donations,
Legacies||||Grants and|198,633||198,633|47,788|
|20|Investment||income|||||||
|||||||Current year|Current year|Current year|Prior Year|
|||||||Unrestricted|Reaaictad|TctalFunda|Total Funds|
|||||||Funds|Funds|||
|||||||2020|2020|2020|2010|
|||||||0|0||2|
|Bank|Interest Receivable|
|---|---|
|Total|invastmant
Income|
|Expend|iture
on charitable activities|- Direct spending||||
|---|---|---|---|---|---|
|||Current year|Current year|Current year|Prior Year|
|||Unrestricted|Raairlclad|TatalFunda|TctalFunda|
|Current|Year|Funds|Funds|||
|||2020|2020|2020|2019|
|||6||||
|Events|costs|3,791||3,791|752|
|Gihs||9,515||9,515||
|Local projects||7.240||7,240|4,536|
|Elderly|support|1,360||1,360||
|Total direct spending||21,906||21,906|5,288|
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|Support costs for charitab|le
activities|||||
|---|---|---|---|---|---|
|||Current year|Current year|Current year|prior Year|
|||Unrestricted|Restricted|Total Funds|Total Funds|
|Current
Year||Funds|Funds|||
|||2020|2020|2020|2019|
|||8|8|8|8|
|Employee costs not included in direct costs||||||
|Salaries - Administrative
staff||2,161||2,161|1,100|
|Training
and welfare - staff||490||490||
|Travel and subsistence - staff||2,228||2,228||
|Volunteer costs||||||
|Volunteers'
expenses||9,879||9,879||
|Premises Expenses||||||
|Rent payable||86,470||86,470|29,260|
|Rates and water charges||324||324||
|Room Hire||750||750||
|Light heat and power||4,440||4,440||
|Cleaning snd waste management||1,817||1,817||
|Other Premises Costs||694||694|2,043|
|Administrative
overheads||||||
|Admin, Telephone,
fax and|internet|1,139||1,139|659|
|Postage||9||9||
|Stationery and printing||4,260||4,260||
|Software licences and expenses||1,962||1,962||
|Media and publicity||98||98|1,422|
|Liabilty and contents insurance||911||911||
|Equipment, repairs, expenses and maintenance||4,811||4,811||
|Write offs/(backs)||(113,447)||(113,447I||
|Professional fees paid to|advisors other than the auditor orexaminer|||||
|Legalfees||115||115||
|Other legal and professional|||||300|
|Financial costs||||||
|Bank charges||6,938||5,938|5,498|
|Depreciation
&Amortisation|in total for|54,220||54,220|145,467|
|Support costs before reallocation||70,269||70,269|189,198|
|Total support costs - Current Year||70,269||70,269|189,198|
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||||Current year|Current year|Current year|Prior Year|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|TctaiFundc|Total Funds|
|Current|Year||Funds|Funds|||
||||2020|2020|2020|2019|
||||9|2||0|
|Independent||Examiner's fees|2,675||2,675|3,500|
|Total Governance costs|||2,675||2,675|3,500|
|24|Total Charitable|Total Charitable|expenditure|||||
|---|---|---|---|---|---|---|---|
|||||Current year|Current year|Current year|Prior Year|
|||||Unrestricted|Restricted|TctaiFunds|Total Funds|
||Current Year|||Funds|Funds|||
|||||2020|2020|2020|2019|
|||||8|8|8|0|
||Total direct spending|||21,906||21,906|5,288|
||Total support|costs||70,269||70,260|189,108|
||Total Governance||costs|2,675||2,675|3,500|
||Total charitable|expenditure||94,850||04,850|107,986|
|Ail the|expenditu|re
in the prior year was unre|stricted.|||
|---|---|---|---|---|---|
||||Pncr Year|Prier Year|Prior Year|
||||Unrestricted|Restricted|Total Funds|
|Prior|Year||Funds|Funds||
||||2019|||
|Total|direct spending||5,288||5,288|
|Total|support|costs|189,196||180,108|
|Total|Governance
costs||3,500||3,500|
|Total|charitable|expenditure|107,986||107,986|
||Realised losses on disposals of|tangible||||||
|---|---|---|---|---|---|---|---|
||fixed assets held for the charity's|own uss|2,657,431|||2,657,431||
||Total losses||2,657,431|||2,657,431||
|26|Total ofother expenditure|||||||
||||Current year|Current|year|Current year|Prior Year|
||Current
Year||Unrestricted
Funds|Restricted
Funds||Tctaipunds|Total Funds|
||||2020|2020||2020|2019|
||||8|6||9|8|
||Total other expenses and costs||2,657,431|||2,657,431||
||Total other expenditure||2,657,431|||2,657,431||
END OF REPORT
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