| for the ear ended 31 |
March 2021 | |||||
|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
72,529 | 28,973 | 101,502 | 105,390 | ||
| Investment income |
570 | 570 | 725 | |||
| Total | 73,099 | 28,973 | 102,072 | 106,115 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Advancement ofthe Christian Faith |
66,046 | 66,046 | 83,268 | |||
| Church Planting | 15,701 | 15,701 | 8,750 | |||
| Total | 66,046 | 15,701 | 81,747 | 92,018 | ||
| NET INCOME | 7,053 | 13,272 | 20,325 | 14,097 | ||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought | forward | 61,744 | 27,540 | 89,284 | 75,187 | |
| TOTAL FUNDS CARRIED FORWARD | 68,797 | 40,812 | 109,609 | 89,284 |
| Statement ofFinancial Position 31March 2021 |
|||
|---|---|---|---|
| 31.3.21 | 31.3.20 | ||
| Notes | |||
| FIXEDASSETS | |||
| Tangible assets | 5,113 | 2,723 | |
| CURRENT ASSETS | |||
| Debtors | 11,732 | 9,901 | |
| Cash at bank and in hand | 94,332 | 79,001 | |
| 106,064 | 88,902 | ||
| CREDITORS | |||
| Amounts falling due within one year |
(1,568) | (2,341) | |
| NET CURRENT ASSETS | 104,496 | 86,561 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 109,609 | 89,284 | |
| NET ASSETS | 109,609 | 89,284 | |
| FUNDS | |||
| Unrestricted funds |
68,797 | 61,744 | |
| Restricted funds | 40,812 | 27,540 | |
| TOTAL FUNDS | 109,609 | 89,284 |
| 31.3.21 | 31.3.20 | ||||
|---|---|---|---|---|---|
| Union CP Grant | 4,121 | 1,506 | |||
| World Challenge | 27,520 | ||||
| Howard Foundation | 4,000 | ||||
| WLF Tech Grant | 500 | ||||
| 8,621 | 29,026 | ||||
| INVESTMENT INCOME | |||||
| 31.3.21 | 31.3.20 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | fluids | funds | funds | ||
| Rents received | 550 | 550 | 700 | ||
| Deposit account interest | 20 | 20 | 25 | ||
| 570 | 570 | 725 | |||
| NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is stated after | charging/(crediting): | |||
| 31.3.21 | 31.3.20 | ||||
| Depreciation -owned assets |
1,750 | 2,990 |
| The averag | e m | onthly number ofemployees during the |
year was as follows: | |
|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||
| Pastoral | 1 | 1 | ||
| Ministerial | support | 3 | 2 | |
| Administrative | support | 1 | 1 |
| TANGIBLE FIXEDASSETS | |
|---|---|
| Fixtures | |
| alid | |
| fittings | |
| COST | |
| At 1April 2020 | 33,795 |
| Additions | 4,140 |
| At 31March 2021 | 37,935 |
| DEPRECIATION | |
| At 1 April 2020 | 31,072 |
| Charge for year | 1,750 |
| At 31March 2021 | 32,822 |
| NET BOOK VALUE | |
| At 31March 2021 | 5,113 |
| At 31March 2020 | 2,723 |
| DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| 31.3.21 | 31.3.20 | |
| Other debtors | 11,732 | 9,901 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.3.21 | 31.3.20 | |
| Social security and other taxes | 1,300 | |
| Other creditors | 618 | |
| Accrued expenses | 950 | 1,041 |
| 1,568 | 2,341 |
| 10. | ANALYSIS O | FNET ASSETS | BETWEEN FUNDS | |||
|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Fixed assets | 4,623 | 490 | 5,113 | 2,723 | ||
| Current assets | 65,742 | 40,322 | 106,064 | 88,902 | ||
| Current liabilities | (1,568) | (1,568) | (2,341) | |||
| 68,797 | 40,812 | 109,609 | 89,284 | |||
| 11. | MOVEMENT | IN FUNDS | ||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.20 | in funds | funds | 31.3.21 | |||
| Unrestricted funds |
||||||
| General fund | 56,000 | 14,750 | (9,342) | 61,408 | ||
| Outward Giving |
819 | (5,075) | 7,530 | 3,274 | ||
| UK Support | 2,711 | (1,080) | 375 | 2,006 | ||
| Pastoral and Needy | 2,214 | (1,542) | 1,437 | 2,109 | ||
| 61,744 | 7,053 | 68,797 | ||||
| Restricted funds | ||||||
| Church Planting | 7,020 | 13,272 | 20,292 | |||
| World Challenge | 20,520 | 20,520 | ||||
| 27,540 | 13,272 | 40,812 | ||||
| TOTAL FUNDS | 89,284 | 20,325 | 109,609 | |||
| Net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund | 73,099 | (58,349) | 14,750 | |||
| Outward Giving |
(5,075) | (5,075) | ||||
| UK Support | (1,080) | (1,080) | ||||
| Pastoral and Needy | (1,542) | (1,542) | ||||
| 73,099 | (66,046) | 7,053 | ||||
| Restricted funds | ||||||
| Church Planting | 28,973 | (15,701) | 13,272 | |||
| TOTAL FUNDS | 102,072 | (81,747) | 20,325 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.4.19 | in funds | funds | 31.3.20 | ||
| Unrestricted | funds | ||||
| General fund | 66,280 | (1,225) | (9,055) | 56,000 | |
| Outward Giving |
406 | (8,463) | 8,876 | 819 | |
| UK Support | 5,005 | (1,080) | (1,214) | 2,711 | |
| Pastoral and | Needy | 3,496 | (2,675) | 1,393 | 2,214 |
| 75,187 | (13,443) | 61,744 | |||
| Restricted funds | |||||
| Church Planting | 20 | 7,000 | 7,020 | ||
| World Challenge | 27,520 | (7,000) | 20,520 | ||
| 27,540 | 27,540 | ||||
| TOTAL FUNDS | 75,187 | 14,097 | 89,284 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 69,825 | (71,050) | (1,225) |
| Outward Giving |
(8,463) | (8,463) | |
| UK Support | (1,080) | (1,080) | |
| Pastoral and Needy | (2,675) | (2,675) | |
| 69,825 | (83,268) | (13,443) | |
| Restricted funds | |||
| Church Planting | 8,770 | (8,750) | 20 |
| World Challenge | 27,520 | 27,520 | |
| 36,290 | (8,750) | 27,540 | |
| TOTAL FUNDS | 106,115 | (92,018) | 14,097 |
| for the ear ended 31Marc |
h 2021 | ||||
|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| INCOME AND ENDOWMENTS | |||||
| Donations and legacies |
|||||
| Donations | 61,797 | 19,352 | 81,149 | 66,463 | |
| Gift aid | 10,482 | 1,250 | 11,732 | 9,901 | |
| Grants | 250 | 8,371 | 8,621 | 29,026 | |
| 72,529 | 28,973 | 101,502 | 105,390 | ||
| Investment income |
|||||
| Rents received | 550 | 550 | 700 | ||
| Deposit account interest | 20 | 20 | 25 | ||
| 570 | 570 | 725 | |||
| Total incoming resources | 73,099 | 28,973 | 102,072 | 106,115 | |
| EXPENDITURE | |||||
| Charitable activities |
|||||
| Pastor's wages | 24,205 | 24,205 | 23,617 | ||
| Pastor's pension | 1,936 | 1,936 | 1,889 | ||
| Pastor's expenses | 481 | 481 | 2,200 | ||
| Evangelism | 2,155 | 2,155 | 2,997 | ||
| Other ministry | 20,557 | 15,508 | 36,065 | 23,671 | |
| Visiting ministry | 561 | ||||
| Ministry giving paid fiom funds set aside |
7,697 | 7,697 | 12,218 | ||
| Special events | 13,644 | ||||
| Non-tithe receipts |
191 | 191 | (9,008) | ||
| Hospitality | 382 | 382 | 280 | ||
| Youth work and events | 393 | 393 | 549 | ||
| Other pastoral and charitable | support | 313 | 70 | 383 | 623 |
| Utilities | 1,953 | 1,953 | 2,090 | ||
| Maintenance | 1,057 | 1,057 | 6,648 | ||
| Legal costs | 4,010 | ||||
| Subscriptions | 790 | 790 | 585 | ||
| Insurance s | 846 | 846 | 825 | ||
| Stationery and office |
163 | 163 | 394 | ||
| Accountancy &examination | 1,300 | 1,300 | 1,235 | ||
| Depreciation oftangible fixed assets | 1,627 | 123 | 1,750 | 2,990 | |
| 66,046 | 15,701 | 81,747 | 92,018 | ||
| Total resources expended | 66,046 | 15,701 | 81,747 | 92,018 | |
| Net income | 7,053 | 13,272 | 20,325 | 14,097 |