| four month | s. Our |
reserves at | the end ofthe y | ear compris | e: |
|---|---|---|---|---|---|
| Restricted | funds | ||||
| Funds invested in |
leasehold | property | f444,663 | ||
| Funds for | projects | 816873 | |||
| X461,536 | |||||
| Unrestricted funds |
|||||
| Amounts | invested | in fixed assets (designated | funds) | K46,791 | |
| General funds (free reserves) |
8150929 | ||||
| F197,720 | |||||
| Total | 8659256 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
211,624 | 24,200 | 235,824 | 462,756 | |
| Charitable activities |
|||||
| Fees for events and courses | 11,594 | ||||
| Services to other charities | 38,138 | 38,138 | 24,946 | ||
| Grants received to run projects | 25,268 | 12,500 | 37,768 | 140,326 | |
| Other trading activities | 10,516 | 10,516 | 11,541 | ||
| Investment income |
248 | 248 | 1,219 | ||
| Total | 285,794 | 36,700 | 322,494 | 652,382 | |
| EXPENDITURE ON | |||||
| Charitable activities |
275,801 | 90,783 | 366,584 | 398,322 | |
| Total | 275,801 | 90,783 | 366,584 | 398,322 | |
| NET INCOME/(EXPENDITURE) | 9,993 | (54,083) | (44,090) | 254,060 | |
| Transfers between funds |
15 | 11,260 | ~11,260) | ||
| Other recognised gains/(losses) |
|||||
| Gains/(losses) on disposal offixed assets |
(208,866) | (208,866) | |||
| Net movement in funds |
(187,612) | (65,343) | (252,955) | 254,060 | |
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward |
385,332 | 526,879 | 912,211 | 658,151 | |
| TOTAL FUNDS CARRIED FORWARD | 197,720 | 461,536 | 659,256 | 912,211 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 12 | 46,790 | 444,663 | 491,453 | 782,255 | |
| CURRENT ASSETS | ||||||
| Debtors | 13 | 7, 122 | 7, 122 | 21,691 | ||
| Cash at bank | 152,821 | 16,873 | 169,694 | 125,364 | ||
| 159,943 | 16,873 | 176,816 | 147,055 | |||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 14 | (9,013) | (9,013) | (17,099) | |
| NET CURRENT ASSETS | 150,930 | 16,873 | 167,803 | 129,956 | ||
| TOTAL ASSETS LESSCURRENT | ||||||
| LIABILITIES | 197,720 | 461,536 | 659,256 | 912,211 | ||
| NET ASSETS | 197,720 | 461,536 | 659,256 | 912,211 | ||
| FUNDS | 15 | |||||
| Unrestricted funds |
197,720 | 385,332 | ||||
| Restricted funds |
461,536 | 526,879 | ||||
| TOTAL FUNDS | 659,256 | 912,211 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Notes | ||||
| Cash flows from operating | activities | |||
| Cash generated from operations |
I | (164,549) | 355,443 | |
| Net cash (used in)/provided | by operating | activities | i) 64,549) | 355,443 |
| Cash flows from investing | activities | |||
| Purchase oftangible fixed assets | (3,069) | (596,878) | ||
| Sale oftangible fixed assets | 211,700 | |||
| Interest received | 248 | 1,219 | ||
| Net cash provided by investing activities |
208,878 | i595,659) | ||
| Change in cash and cash equivalents |
in | |||
| the reporting period |
44,329 | (240,216) | ||
| Cash and cash equivalents | at the | |||
| beginning ofthe reporting |
period | 125,364 | 365,580 | |
| Cash and cash equivalents | at the end | of | ||
| the reporting period |
169,694 | 125,364 |
| RECONCILIATION OF |
NET (EXPENDITURE)/INCOME | NET (EXPENDITURE)/INCOME | NET (EXPENDITURE)/INCOME | TO NET CASH | FLOW FROM | |
|---|---|---|---|---|---|---|
| OPERATING ACTIVITIES | ||||||
| 2021 | 2020 | |||||
| Net (expenditure)/income | for the reporting | period (as per the | ||||
| Statement ofFinancial Activities) | (252,955) | 254,060 | ||||
| Adjustments for: |
||||||
| Depreciation charges |
81,125 | 78,712 | ||||
| Loss on disposal offixed assets | 1,046 | |||||
| Interest received | (248) | (1,219) | ||||
| Decrease/(increase) in debtors (Decrease)/increase in creditors |
14,569 ~8,086 |
32,924 ~9,034 |
||||
| Net cash (used in)/provided | by operations | ~164,5493 | 355,443 | |||
| ANALYSIS OF CHANGES | IN NET FUNDS | |||||
| At 1.4.20 | Cash flow | At 31.3.21 | ||||
| Net cash | ||||||
| Cash at bank | 125,364 | 44,330 | 169,694 | |||
| 125,364 | 44,330 | 169,694 | ||||
| Total | 125,364 | 44,330 | 169,694 |
| Depreciation is prov |
ided at the followi |
ng annual rates in order to wr |
|---|---|---|
| Short leasehold | Over period oflease | |
| Fixtures and fittings | 20%on cost | |
| Motor vehicles | 20%on cost | |
| Office k activities | equipment | 33%on cost |
| 2. | DONATIONS | AND LEGACIES | AND LEGACIES | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Donations | 198,632 | 422,848 | |||||
| Gift aid | 37,192 | 39,908 | |||||
| 235,824 | 462,756 | ||||||
| 3. | OTHER TRADING ACTIVITIES | ||||||
| 2021 | 2020 | ||||||
| Administrative | recharges receivable | (unrestricted) | 10,516 | 11,541 | |||
| 4. | INVESTMENT | INCOME | |||||
| 2021 | 2020 | ||||||
| Deposit account | interest | 248 | 1,219 | ||||
| 5. | INCOME FROM CHARITABLE | ACTIVITIES | |||||
| 2021 | 2020 | ||||||
| Fees for events | and courses | 11,594 | |||||
| Services to other | charities | 38,138 | 24,946 | ||||
| Grants received | to run projects | 37,768 | 140,326 | ||||
| 75,906 | 176,866 | ||||||
| 6. | CHARITABLE | ACTIVITIES COSTS | |||||
| Supp ott | |||||||
| Direct | costs (see | ||||||
| Costs | note 7) | Totals | |||||
| Church pastoral |
and teaching | 132,059 | 112,390 | 244,449 | |||
| Christian mission |
and relief | 14,473 | 3,058 | 17,531 | |||
| Youth and children's work |
41,573 | 29,607 | 71,180 | ||||
| Community projects |
28,717 | 4,707 | 33,424 | ||||
| 216,822 | 149,762 | 366,584 |
| Governance | |||||||
|---|---|---|---|---|---|---|---|
| Other | costs | Totals | |||||
| Church | pastoral | and teaching | 105,53 I | 6,859 | 112,390 | ||
| Christian | mission | and | relief | 2,875 | 183 | 3,058 | |
| Youth and | children's | work | 27,778 | 1,829 | 29,607 | ||
| Community | projects | 4,433 | 274 | 4,707 | |||
| 140,617 | 9,145 | 149,762 |
| projects | |||||||
|---|---|---|---|---|---|---|---|
| Church | Youth | ||||||
| pastoral | Christian | and | Comm- | 2021 | 2020 | ||
| and | mission | children' s | unity | Total | Total | ||
| teaching | and relief | work | projects | activities | activities | ||
| Staff costs | 32,455 | 865 | 8, 193 | 1,299 | 42,812 | 41,766 | |
| Premises | 10,340 | 276 | 2,758 | 414 | 13,788 | 31,274 | |
| Insurance | 3,458 | 92 | 922 | 176 | 4,648 | 2,364 | |
| Office costs | 3,860 | 165 | 863 | 320 | 5,208 | 7,923 | |
| Communications | 646 | 17 | 436 | 33 | 1,132 | 3,711 | |
| Depreciation oftangible | fixed assets | 54,772 | 1,460 | 14,606 | 2,191 | 73,029 | 5,000 |
| 105,531 | 2,875 | 27,778 | 4,433 | 140,617 | 92,038 |
| Professional | fees | Church | Youth | |||||
|---|---|---|---|---|---|---|---|---|
| pastoral | Christian | and | Comm- | 2021 | 2020 | |||
| and | mission | children' s |
unity | Total | Total | |||
| training | and relief | work | projects | activities | activities | |||
| Staffcosts | 750 | |||||||
| Professional | fees | 5,374 | 143 | 1,433 | 215 | 7,165 | 5,631 | |
| Independent | examiner | fee | 1,485 | 40 | 396 | 59 | 1,980 | 1,608 |
| 6,859 | 183 | 1,829 | 274 | 9,145 | 7,989 |
| 2021 | 2020 | ||
|---|---|---|---|
| Depreciation | —owned assets | 81,125 | 55,571 |
| Deficit on disposal offixed assets | 1,047 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Wages | and salaries | 171,940 | 167,784 | |
| Social | security | costs | 5,222 | 7,255 |
| Other | pension | costs | 22,162 | 14,880 |
| 199,324 | 189,919 |
| The | average | full time | equivale | nt monthly n |
umber ofem | ployees | dur | ing t |
he y | ear | was as follows: | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||||||
| 5.8 | 6.3 | |||||||||||
| The | average | monthly | number | ofemployees | (headcount) | during | the | year | was | as | follows: | |
| 2021 | 2020 | |||||||||||
| 8.2 | 10.25 |
| COMPARATIVES FOR THE ST | ATEMENT OF FI | NANCIAL ACTIVITIES | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| INCOME AND ENDOWMENTS | FROM | |||
| Donations and legacies |
321,779 | 140,977 | 462,756 | |
| Charitable activities |
||||
| Fees for events and courses | 10,935 | 659 | 11,594 | |
| Services to other charities | 23,793 | 1,153 | 24,946 | |
| Grants received to run projects | 140,326 | 140,326 | ||
| Other trading activities | 11,541 | 11,541 | ||
| Investment income |
1,202 | 17 | 1,219 | |
| Total | 369,250 | 283,132 | 652,382 | |
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| Church pastoral and teaching |
189,448 | 43,475 | 232,923 | |
| Christian mission and relief |
17,715 | 3,568 | 21,283 | |
| Youth and children's work |
77,138 | 11,118 | 88,256 | |
| Community Projects |
23,273 | 32,591 | 55,865 | |
| Total | 307,354 | 90,968 | 398,322 | |
| NET INCOME | 61,896 | 192,164 | 254,060 | |
| Transfers between funds |
~64,981) | 64,981 | ||
| Net movement in funds |
(3,085) | 257,145 | 254,060 | |
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward |
388,419 | 269,732 | 658,151 | |
| TOTAL FUNDS CARRIED FORWARD | 385,334 | 526,877 | 912,211 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Fixtures | |||
| Freehold | Short | and | |
| property | leasehold | fittings | |
| COST | |||
| At 1st April 2020 | 208,865 | 555,713 | 24,483 |
| Additions Disposals |
(208,866) | 3,069 ~3,40)) |
|
| At 31st March 2021 | 555,381 | 24,483 | |
| DEPRECIATION | |||
| At 1st April 2020 | 55,571 | 4,897 | |
| Charge for year Eliminated on disposal |
55,714 ~367) |
4,218 | |
| At 31st March 2021 | 110,718 | 9,115 | |
| NET BOOK VALUE | |||
| At 31st March 2021 | 444,663 | 15,368 | |
| At 31st March 2020 | 208,865 | 500,142 | 19,586 |
| Office k | |||
| Motor | activities | ||
| vehicles | equipment | Totals | |
| COST | |||
| At 1st April 2020 | 20,940 | 105,789 | 915,790 |
| Additions | 3,069 | ||
| Disposals | ~20,940) | (233,206) | |
| At 31st March 2021 | 105,789 | 685,653 | |
| DEPRECIATION | |||
| At 1st April 2020 | 18,846 | 54,221 | 133,535 |
| Charge for year | 1,047 | 20,146 | 81,125 |
| Eliminated on disposal |
~19,893) | ~20,460) | |
| At 31st March 2021 | 74,367 | 194,200 | |
| NET BOOK VALUE | |||
| At 31stMarch 2021 | 31,422 | 491,453 | |
| At 31st March 2020 | 2,094 | 51,568 | 782,255 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Trade debtors | 3,128 | 5,867 | ||
| Other debtors | 3,994 | 14,169 | ||
| Prepayments | and accrued income | 1,655 | ||
| 7, 122 | 21,691 | |||
| CREDITORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| Trade creditors | 2,233 | 4,323 | ||
| Social security | and other taxes | 3,373 | 7,901 | |
| Other creditors | 1,321 | 2,328 | ||
| Accruals and | deferred income | 2,086 | 2,547 | |
| 9,013 | 17,099 |
| MOVEMENT IN F | UN | DS | ||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.20 | in funds | funds | 31.3.21 | |||
| Unrestricted funds |
||||||
| General fund |
103,836 | 34,357 | 12,736 | 150,929 | ||
| Desi nated funds | ||||||
| Orchard Street Building | Fund | 208,865 | (208,865) | |||
| Events k, Courses | 1,476 | (1,476) | ||||
| Other fixed asset reserve | 71,155 | ~24,364) | 46,791 | |||
| 385,332 | (198,872) | 11,260 | 197,720 | |||
| Restricted funds |
||||||
| Building Fund capitalised |
500,141 | (52,202) | (3,276) | 444,663 | ||
| Active communities | against trafficking | 561 | (561) | |||
| Refugee funds | 1,738 | (627) | (1,111) | |||
| City Angels | 15,723 | (4,850) | (10,873) | |||
| Heart project | 8,716 | (8,716) | ||||
| Corona fund | 6,176 | 6,176 | ||||
| Roots Assemblies | 4,605 | 4,605 | ||||
| Further Education | 4,000 | 4,000 | ||||
| Blessings | 2,092 | 2,092 | ||||
| 526,879 | ~54,003 | ~11,260) | 461,536 | |||
| TOTAL FUNDS | 912,211 | (252,955) | 659,256 |
| Incoming | Resources | Gains and | Movement | ||||
|---|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||||
| Unrestricted funds |
|||||||
| General fund |
285,794 | (251,437) | 34,357 | ||||
| Desi nated funds | |||||||
| Orchard Street Building | Fund | (208,865) | (208,865) | ||||
| Other fixed asset | reserve | ~24,364) | ~24,364) | ||||
| 285,794 | (275,801) | (208,865) | (198,872) | ||||
| Restricted funds |
|||||||
| Building Fund capitalised | 2,945 | (55,147) | (52,202) | ||||
| Active communities | against trafficking | (561) | (561) | ||||
| Refugee funds | (627) | (627) | |||||
| City Angels | 100 | (4,950) | (4,850) | ||||
| Heart project | 6,416 | (15,132) | (8,716) | ||||
| Corona fund | 11,250 | (5,074) | 6,176 | ||||
| Roots Assemblies | 10,000 | (5,395) | 4,605 | ||||
| Blessings Love Christmas |
Fund | 2,988 3,001 |
(896) ~3,001) |
2,092 | |||
| 36,700 | ~90,783) | ~54,083 | |||||
| TOTAL FUNDS | 322,494 | (366,584) | (208,865) | (252,955) |
| Net | Transfers | |||||||
|---|---|---|---|---|---|---|---|---|
| movement | between | At | ||||||
| At 1.4.19 | in funds | funds | 31.3.20 | |||||
| Unrestricted | funds | |||||||
| General | fund | 129,299 | 60,929 | (86,392) | 103,836 | |||
| Orchard | Street Building | Fund | 208,865 | 208,865 | ||||
| Events &Courses | 1,710 | 966 | (1,200) | 1,476 | ||||
| Other fixed asset reserve | 230,762 | (159,607) | 71,155 | |||||
| Building | fund | monies | raised | 26,647 | ~26,6477 | |||
| 388,418 | 61,895 | (64,981) | 385,332 | |||||
| Restricted funds |
||||||||
| Building | Fund | capitalised | 27,046 | (55,571) | 528,666 | 500,141 | ||
| Building | Fund | funds | raised | 218,590 | 250,529 | (469,119) | ||
| Orchard | Street maintenance | (5,434) | 5,434 | |||||
| Active communities | against trafficking | 561 | 561 | |||||
| Refugee | funds | 645 | 1,093 | 1,738 | ||||
| City Angels | 14,894 | 829 | 15,723 | |||||
| Heart project | 5,570 | 3,146 | 8,716 | |||||
| Specific | gifts | and offerings | 1,330 | (1,330) | ||||
| Mission | fund | 1,097 | (1,097) | |||||
| 269,733 | 192,165 | 64,981 | 526,879 | |||||
| TOTAL | FUNDS | 658,151 | 254,060 | 912,211 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General fund Events k. Courses |
364,192 5,062 |
(303,263) ~4,096) |
60,929 966 |
||
| 369,254 | (307,359) | 61,895 | |||
| Restricted funds |
|||||
| Building | Fund | capitalised | (55,571) | (55,571) | |
| Building | Fund | funds raised | 251,623 | (1,094) | 250,529 |
| Orchard | Street maintenance | (5,434) | (5,434) | ||
| Refugee | funds | 1, 1I I | (18) | 1,093 | |
| City Angels | 14,405 | (13,576) | 829 | ||
| Heart project | 15,394 | (12,248) | 3,146 | ||
| Homeless project | 600 | (600) | |||
| Specific | gifts | and offerings | (1,330) | (1,330) | |
| Mission | fund | (1,097) | (1,097) | ||
| 283,133 | ~90,968) | 192,165 | |||
| TOTAL | FUNDS | 652,387 | (398,327) | 254,060 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1.4.19 | in funds | funds | 31.3.21 | |||
| Unrestricted funds |
||||||
| General fund | 129,299 | 95,286 | (73,656) | 150,929 | ||
| Desi nated funds | ||||||
| Orchard Street Building |
Fund | (208,865) | 208,865 | |||
| Events k Courses | 1,710 | 966 | (2,676) | |||
| Other fixed asset reserve | 230,762 | (24,364) | (159,607) | 46,791 | ||
| Building fund monies |
raised | 26,647 | ~26,647) | |||
| 388,418 | (136,977) | (53,721) | 197,720 | |||
| Restricted funds |
||||||
| Building Fund capitalised |
27,046 | (107,773) | 525,390 | 444,663 | ||
| Building Fund funds |
raised | 218,590 | 250,529 | (469,119) | ||
| Orchard Street maintenance | (5,434) | 5,434 | ||||
| Active communities | against trafficking | 561 | (561) | |||
| Refugee funds | 645 | 466 | (1,111) | |||
| City Angels | 14,894 | (4,02]) | (10,873) | |||
| Heat% project | 5,570 | (5,570) | ||||
| Specific gifts and offerings | 1,330 | (1,330) | ||||
| Mission fund | 1,097 | (1,097) | ||||
| Blessings | 2,092 | 2,092 | ||||
| Corona Fund | 6,176 | 6,176 | ||||
| Further Education | 4,000 | 4,000 | ||||
| Roots Assemblies | 4,605 | 4,605 | ||||
| 269,733 | 138,082 | 53,721 | 461,536 | |||
| TOTAL FUNDS | 658,151 | 1,105 | 659,256 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | |||
| Unrestricted funds |
||||||
| General fund |
649,982 | (554,696) | 95,286 | |||
| Desi nated funds | ||||||
| Orchard Street Building | Fund | (208,865) | (208,865) | |||
| Events &Courses | 5,062 | (4,096) | 966 | |||
| Other fixed asset reserve | ~24,364) | ~24,364) | ||||
| 655,044 | (583,156) | (208,865) | (136,977) | |||
| Restricted funds |
||||||
| Building Fund capitalised |
2,945 | (110,718) | (107,773) | |||
| Active communities | against trafficking | (561) | (561) | |||
| Refugee funds | 1, 1 1 I | (645) | 466 | |||
| City Angels | 14,505 | (18,526) | (4,021) | |||
| Heart project | 21,810 | (27,380) | (5,570) | |||
| Homeless project | 600 | (600) | ||||
| Specific gifts and offerings | (1,330) | (1,330) | ||||
| Mission fund | (1,097) | (1,097) | ||||
| Building Funds funds raised |
251,623 | (1,094) | 250,529 | |||
| Orchard Street maintenance | (5,434) | (5,434) | ||||
| Corona fund | 11,250 | (5,074) | 6,176 | |||
| Roots Assemblies | 10,000 | (5,395) | 4,605 | |||
| Blessings Love Christmas Fund |
2,988 3,001 |
(896) ~3,001) |
2,092 | |||
| 319,833 | ~18),75) | 138,082 | ||||
| TOTAL FUNDS | 974,877 | (764,007) | (208,865) | 1,105 |