|||Page|Page| |---|---|---|---| |Report ofthe Trustees|1|to|19| |Independent
Examiner's
Report||21|| |Statement ofFinancial Activities||22|| |Balance Sheet|23|to|24| |Notes to the Financial Statements|25|to|34| |Detailed Statement ofFinancial Activities|35|to|36| ## ## ## ## ## ## ## ## ## ## ## ## ## |Meeting
Date|Pastor A Ashton|Mr L Hill|Mrs SLee|Mrs A Hinchey| |---|---|---|---|---| |24 July 2020||||| |27 August 2020||||| |04 December 2020||||| |06 January 2021|||Y|| |31 March 2021|Y|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2021|2020| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||funds|fund|funds|funds| ||||Notes|6|E|6|6| |INCOME AND ENDOWMENTS||FROM|||||| |Donations
and legacies||||221,290||221,290|247,808| |Charitable
activities|||||||| |General
fund||||7,420||7,420|| |Other trading
activities||||136||136|18,117| |Investment
income
Other income||||5,048
91||5,048
91|8,609| |Total||||233,985||233,985|274,534| |EXPENDITURE ON|||||||| |Raising funds||||2,477||2,477|6,126| |Charitable
activities|||||||| |General
fund
Gates of praise||||189,509
230||189,509
230|246,929
236| |Bridgend
pregnancy|crisis centre|||1,015||1,015|962| |Other|||||||~10000| |Total||||193,231||193,231|264,253| |NET INCOME||||40,754||40,754|10,281| |RECONCILIATION|OF FUNDS||||||| |Total funds brought|forward|||573,116||573,116|562,835| |TOTAL FUNDS CARRIED FORWARD||||613,870||613,870|573,116| ## ## |||||2021|2020| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||funds|fund|funds|funds| |FIXEDASSETS|Notes||9|9|| |Tangible assets|12|429,031||429,031|438,821| |CURRENT ASSETS|||||| |Stocks
Debtors
Cash at bank and in hand|13
14|1,000
7,921
184,422||1,000
7,921
184,422|1,000
12,343
129,437| |||193,343||193,343|142,780| |CREDITORS|||||| |Amounts
falling due within one year|15|(8,504)||(8,504)|(8,485)| |NET CURRENT ASSETS||184,839||184,839|134,295| |TOTAL ASSETS LESSCURRENT|||||| |LIABILITIES||613,870||613,870|573,116| |NET ASSETS||613,870||613,870|573,116| |FUNDS|17||||| |Unrestricted
funds||||613,870|573,116| |TOTAL FUNDS||||613,870|573,116| ## ## ## ## ## ## ## ## |2.|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES||| |---|---|---|---|---|---|---|---| |||||||2021|2020| |||||||F|| ||Books, cd's and literature
Conferencing
income|||||109
27|2,116
16,001| |||||||136|18,117| |3.|INVESTMENT|INCOME|||||| |||||||2021|2020| |||||||8|8| ||Rents received
Deposit account||interest|||4,905
143|8,400
209| |||||||5048|8,609| |4.|INCOME FROM||CHARITABLE ACTIVITIES||||| |||||||2021|2020| |||||||General|Total| |||||||fund|activities| ||||||||8| ||Grants|||||7,420|| ||Grants received,||included||in the above, are as follows:||| |||||||2021|2020| |||||||8|f| ||Covid-19 Job Retention|||Scheme||7,420|| |5.|RAISING FUNDS||||||| ||Other trading activities||||||| |||||||2021|2020| |||||||E|5| ||Purchases
Bad debts
Bank and credit|card charges||||31
2,050
396|1,767
3,671
688| |||||||2,477|6,126| ## ## |||||Grant|||| |---|---|---|---|---|---|---|---| |||||funding|of||| |||||activities||Support|| ||||Direct|(see note||costs (see|| ||||Costs|7)||note 8)|Totals| ||||||||8| |General
Gates of|fund
praise||153,881
230|32,472||3,156|189,509
230| |Bridgend|pregnancy|crisis centre|1,015||||1,015| ||||155,126|32,472||3,156|190,754| ## ## |||||||Grant||| |---|---|---|---|---|---|---|---|---| |||||||funding||| ||||||Direct|of|Support|| ||||||Costs|activities|costs|Totals| |||||||E|8|| |General fund
Gates of praise|||||202,351
210|38,816
26|5,762|246,929
236| |Bridgend||pregnancy||crisis centre|962|||962| ||||||203,523|38,842|5,762|248,127| |GRANTS PAYABLE||||||||| ||||||||2021|2020| |General
Gates of||fund
praise|||||5
32,472|5
38,816
26| ||||||||32,472|38,842| |The total||grants|paid|to individuals|during the year was as|follows:||| ||||||||2021|2020| ||||||||8|5| |Missions
Hands ofcompassion
GAP year project|||||||24,036
5,986
100|38,842| |Ministry|gifts||||||2,350|| ||||||||32,472|38,842| ## ## ## |||||||Governance| |---|---|---|---|---|---|---| |||||||costs| |||||||E| |General
fund||||||3,156| |Support costs, included|||in the above, are as follows:|||| ||||||2021|2020| ||||||General|Total| ||||||fund|activities| ||||||E|| |Accountancy
fees
Legal and professional||fees|||2,592
564|2,506
3,256| ||||||3,156|5,762| |NET INCOME/(EXPENDITURE)||||||| |Net income/(expenditure)|||is stated after charging/(crediting):|||| ||||||2021|2020| |||||||F| |Depreciation|- owned assets||||11,473|11,246| |Deficit on disposal of fixed assets||||||10,000| |Independent|Examination||fee||2,346|2,260| |Independent|Examiner|other services|||246|246| |TRUSTEES'|REMUNERATION|||AND BENEFITS||| ||||||2021|2020| ||||||8|| |Trustees'
salaries
Trustees'
social security
Trustees'
pensions
paid|||||43,801
2,620
1,503|42,942
4,736
1,104| ||||||47,924|48,782| ## ## |STAFF COS|TS||||| |---|---|---|---|---|---| |||||2021|2020| ||||||E| |Wages and salaries||||105,616|122,292| |Social security costs||||4,736|7,376| |Other pension|costs|||1,915|1,923| |||||112267|131591| |The average|monthly|number ofemployees|during the year was as follows:||| |||||2021|2020| |Vine Christian|Centre|||5|6| |12.|No employees
received emoluments
in
TANGIBLE FIXEDASSETS|excess off60,000.||| |---|---|---|---|---| ||||Fixtures|| |||Freehold|and|| |||property|fittings|Totals| |||6|8|E| ||COST|||| ||At 1 April 2020
Additions|526,143|22,575
~1683|548,718
1,683| ||At 31 March 2021|526,143|24,258|550,401| ||DEPRECIATION|||| ||At 1 April 2020|96,262|13,635|109,897| ||Charge for year|9,603|1,870|11,473| ||At 31 March 2021|105,865|15,505|121,370| ||NET BOOK VALUE|||| ||At 31 March 2021|420,278|8,753|429,031| ||At 31 March 2020|429,881|~8940|438,821| |13.|STOCKS|||| ||||2021
E|2020
f| ||Finished goods||1,000|1,000| ## ## ## |14.|DEBTORS:AMOUNTS
|FALLING DUE WITHIN ONE YEAR||| |---|---|---|---|---| ||||2021|2020| ||||9|| ||Trade debtors|||731| ||Other debtors||7,912|11,612| ||VAT||9|| ||||7,921|12,343| |15.|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR||| ||||2021|2020| ||||E|| ||Trade creditors
Social security and other|taxes|1,635
2,147|1,191
2,091| ||VAT|||3| ||Accrued expenses||4,722|5,200| ||||8,504|8,485| ## |Minimum
lease payments
under non-cancellable
ope|rating
leases fall due as follows:|| |---|---|---| ||2021|2020| ||F|6| |Within one year|445|1,472| |Between one and five years||445| ||445|1,917| ## |MOVEMENT|IN FU|NDS||||| |---|---|---|---|---|---|---| |||||Net|Transfers|| |||||movement|between|At| ||||At 1.4.20|in funds|funds|31.3.21| ||||E|F|6|| |Unrestricted|funds|||||| |General
fund
Gates ofPraise|||573,116|41,074
(418)|(50,320)
418|563,870| |Bridgend
Pregnancy
Hayes Yard Fund||Crisis Centre||98|(98)
50,000|50,000| ||||573,116|40,754||613,870| |TOTAL FUNDS|||573,116|40,754||613,870| ## ## |Net movement|in fu|nds,
i|nclu|ded
in|the abov|e are as follo|ws:||| |---|---|---|---|---|---|---|---|---|---| ||||||||Incoming|Resources|Movement| |Unrestricted
funds|||||||resources
f|expended|in funds
E| |General fund
Gates ofPraise
Bridgend
Pregnancy||Crisis Centre|||||232,810
62
1 113|(191,736)
(480)
~1,015)|41,074
(418)
98| ||||||||233,985|(193,231)|40,754| |TOTAL FUNDS|||||||233,985|~193231)|40 754| |Comparatives|for movement|||in funds|||||| ||||||||Net|Transfers|| ||||||||movement|between|At| |Unrestricted
funds||||||At 1.4.19
E|in funds
f|funds
E|31.3.20
5| |General fund
Gates of Praise
Bridgend
Pregnancy||Crisis|Centre|||562,835|10,427
(352)
206|(146)
352
~206)|573,116| |||||||562,835|10,281||573,116| |TOTAL FUNDS||||||562,835|10,281||573116| |Comparative
net|movement||in|funds,|included|in the above|are as follows:||| ||||||||Incoming|Resources|Movement| ||||||||resources|expended|in funds| |Unrestricted
funds|||||||||F| |General fund
Gates of Praise
Bridgend
Pregnancy||Crisis Centre|||||271,431
1,935
1,168|(261,004)
(2,287)
~962)|10,427
(352)
206| ||||||||274,534|~264,253)|10,281| |TOTAL FUNDS|||||||274,534|~264,253)|10,281| ## ## |A curren|t year 12 m|onths|and prior year 12months|combined|position
is|as|follows:|| |---|---|---|---|---|---|---|---|---| ||||||Net||Transfers|| ||||||movement||between|At| ||||At 1.4.19||in funds||funds|31.3.21| ||||6||E||6|| |Unrestricted
funds||||||||| |General fund
Gates of Praise|||562,835||51,501
(770)||(50,466)
770|563,870| |Bridgend
Pregnancy
Hayes Yard Fund||Crisis Centre|||304||(304)
50000|50000| ||||562,835||51,035|||613870| |TOTAL|FUNDS||562,835||51,035|||613,870| |A current|year 12 months||and prior year 12 months|combined|net movement||in funds,|included
in th| |above are as follows:||||||||| ||||||Incoming|Resources||Movement| ||||||resources
5||expended
E|in funds
f| |Unrestricted
funds||||||||| |General
Gates of
Bridgend|fund
Praise
Pregnancy|Crisis|Centre||504,241
1,997
2,281|(452,740)
(2,767)
~1,977)||51,501
(770)
304| ||||||508,519|(457,484)||51,035| |TOTAL FUNDS|||||508519|~457,484)||51,035| ## ##