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|||Page|
|---|---|---|
|Reference and administrative|details ofthe Charity, its Trustees and advisers||
|Trustees'
report||2-4|
|Independent
examiner's
report|||
|Statement offinancial activities|||
|Balance sheet|||
|Notes to the financial statements||8-21|
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|Trustees||R Morley||||
|---|---|---|---|---|---|
|||G Balfour (resigned|20 November||2020)|
|||P Judd||||
|||T Ritchie (resigned|20|November|2020)|
|||T McAtear (appointed||20 November 2020)||
|||D Durham
(appointed||20 November 2020)||
|||SAlex (appointed|20 November||2020)|
|Company|registered|||||
|number||07584098||||
|Charity registered||||||
|number||1141375||||
|Registered|office|30Spital Street||||
|||Dartford||||
|||Kent||||
|||DA1 2DL||||
|Senior Pastors||R Morley and K Morley||||
|Accountants||Kreston Reeves LLP||||
|||Chartered
Accountants||||
|||Montague
Place||||
|||Quayside||||
|||Chatham
Maritime||||
|||Chatham||||
|||Kent||||
|||ME4 4QU||||
|Bankers||Reliance Bank||||
|||Faith House||||
|||23-24 Lovat Lane||||
|||London||||
|||EC3R8EB||||
|||Kingdom
Bank||||
|||Ruddington
Fields|Business Park|||
|||Mere Way||||
|||Ruddington||||
|||Nottingham||||
|||NG11 6JS||||
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||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
|||Note|2020
f|2020
f|2020f|2019f|
|Income from:|||||||
|Donations
and legacies||3||323,221|323,221|290,347|
|Charitable
activities||4|12,453|7,240|19,693|57,646|
|Investments||5||322|322|290|
|Total income|||12,453|330,783|343,236|348,283|
|Expenditure
on:|||||||
|Charitable
activities|||29,952|238,909|268,861|310,530|
|Total expenditure|||29,952|238,909|268,861|310,530|
|Net (expenditure)/income|||(17,499)|91,874|74,375|37,753|
|Transfers
between|funds|14|1,471|(1,471)|||
|Net movement
in|funds||(16,028)|90,403|74,375|37,753|
|Reconciliation
of|funds:||||||
|Total funds
brought|forward||52,617|921,865|974,482|936,729|
|Net movement
in funds|||(16,028)|90,403|74,375|37,753|
|Total funds carried. forward|||36,589|1,012,268|1,048,857|,974;482-|
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|||||||2020||2019|
|---|---|---|---|---|---|---|---|---|
|||||Note||||E|
|Fixed assets|||||||||
|Tangible assets||||10||1,283,469||1,312,497|
|Current assets|||||||||
|Debtors|||||46,497||39,482||
|Cash at bank and|in|hand|||217,653||117,870||
||||||264,150||157,352||
|Creditors: amounts||falling|due within one||||||
|year||||12|(45,082)||(47,556)||
|Net current assets||||||219,068||109,796|
|Total assets less|current||liabilities|||1,502,537||1,422,293|
|Creditors: amounts||falling|due after more||||||
|than one year||||||(453,680)||(447,811)|
|Total net assets||||||1,048,857||974,482|
|Charity funds|||||||||
|Restricted funds||||14||36,589||52,617|
|Unrestricted
funds||||14||1,012,268||921,865|
|Total funds||||||1,048,857||974,482|
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||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2020
f|2020
f|2020f|2019f|
|Church|and other giving|||239,891|239,891|219,907|
|Gift Aid||||59,365|59,365|56,476|
|Government||grants||7,100|7,100||
|Other income||||16,865|16,865|13,964|
|||||323,221|323,221|290,347|
|Total 2019|||10,000|280,347|290,347||
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|||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2020
f|2020
f|2020f|2019f|
|Events and|programmes|10;843|49|10,892|9,902|
|Conference|income||||'I2,623|
|Youth||1,600||1,600|12;648|
|Bible Academy|||562|562|506|
|Team income|||276|276|2,772|
|Resources|||300|300|590|
|Vision offering||10,|5,872,|.5,882|16,537|
|Net Young Adults|||||1,152|
|Little Angels|||181|181|916|
|||12,453|7,240|19,693|57,646|
|Total 2019||43,177|14,469|57,646||
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2020f|2020|2019
F|
|Bank|interest|322|322|290|
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||||Support|Total|Total|
|---|---|---|---|---|---|
|||Direct costs|costs|funds|funds|
|||2020|2020f|2020|2019
F|
|Charitable|activities|165,709|103,152|268,861|310,530|
|Total 2019||202,180|108,350|310,530||
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||||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|funds|
||||||2020|2020|2020|2019|
|||||||||F|
|Staff costs||||||109,542|109,542|129,952|
|Youth|||||30|1,270|1,300|14,398|
|Ministry team expenses||||||1,478|1,478|7,089|
|Events and outreach|||||27,891|10,471|38,362|19,609|
|Media and|technology|||||1,606|1,606|1,610|
|Children's|Department||and Little|Fishes||93|93|1,251|
|Bible Academy||||||80|80|64|
|Woolwich|Church|Plant|||1,700||1,700|7,095|
|Resources||||||261|261|735|
|Subscriptions
and||membership||fees||6,129|6,129|4,738|
|Welcome||||||1,389|1,389|2,470|
|Tamil Congregation||||||432|432|1,894|
|Befriending|service|||||12|12|178|
|Music and|worship|||||2,489|2,489|7,353|
|Net Young|Adults|||||221|221|1,924|
|Building projects||||||284|284|1,820|
|Staff wellbeing|||||331||331||
||||||29,952|135,757|165,709|202,180|
|Total 2019|||||20,406|181,774|202,180||
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|||||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||funds|funds|funds|
|||||||||2020f|2020|2019
E|
||Staff costs|||||||15,593|15,593|15,769|
||Depreciation|||||||29,028|29,028|29,028|
||Utilities|||||||16,012|16,012|21,779|
||Telephone|and internet||||||1,499|1,499|1,189|
||Insurance|||||||3,774|3,774|4,008|
||Minibus expenses|||||||1,370|1,370|282|
||Security|||||||||2,301|
||Stationery|||||||1,291|1,291|1,558|
||General
building|||maintenance||||8,240|8,240|4,054|
||Cleaning|||||||1,495|1„495|796|
||Printing|||||||648|648|2,395|
||Interest payable|||||||21,805|21,805|23,054|
||Professional||fees|||||2,397|2,397|2,137|
|||||||||103„152|103,152|108,350|
||Total 2019|||||||108,350|108,350||
|7.|Independent||examiner's||remuneration||||||
||||||||||2020f|2019|
||Fees payable||to the Charity's|||independent|examiner for|the independent|||
||examination||of|the Charity's||annual accounts|||2,100|2,004|
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|to the financial statements
year ended 31 December 2020
Staff costs|||
|---|---|---|
||2020|2019|
|Wages and salaries|110,449|130,288|
|Social security costs|8,725|10,554|
|Pension costs|5,961|4,879|
||125,135|145,721|
|2020|2019|
|---|---|
|No.|No.|
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||Freehold|Motor|Fixtures and||
|---|---|---|---|---|
||property|vehicles|fittings
F|Totalf|
|Cost orvaluation|||||
|At 1 January 2020|1,451,411|7,500|47,711|1,506,622|
|At 31 December 2020|1,451,411|7,500|47,711|1,506,622|
|Depreciation|||||
|At 1 January 2020|138,914|7,500|47,711|194,125|
|Charge for the year|29,028|||29,028|
|At 31 December 2020|167,942|7,500|47,711|223,153|
|Net book value|||||
|At 31 December 2020|1,283,469|||1,2&3,469|
|At 31 December 2019|1,312,497|||1,312,497|
##
||2020|2019|
|---|---|---|
|||E|
|Due within one year|||
|Trade debtors|199|278|
|Tax recoverable|46,298|39,204|
||46,497|39,482|
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|||||2020|2019|
|---|---|---|---|---|---|
||||||E|
||Bank loans and overdrafts|||42,441|41,243|
||Other taxation and social security||||2,518|
||Other creditors|||541|1,791|
||Accruals and deferred|income||2,100|2,004|
|||||45,082|47,556|
|13.|Creditors: Amounts|falling due after|more than one year|||
|||||2020|2019|
||||||E|
||Bank loans|||453,680|447,811|
||Included
within the above are amounts||falling due as follows:|||
||Between two and five years|||||
||Bank loans|||202,444|187,298|
||Over five years|||||
||Bank loans|||251,236|260,513|
||||2020|2019|
|---|---|---|---|---|
|Repayable|by|instalments|251,236|260,513|
||||251,236|260,513|
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|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at 1||||31|
|||January|||Transfers|December|
|||2020|Income|Expenditure|in/out|2020|
|||F||||E|
|Unrestricted
funds|||||||
|Designated
funds|||||||
|Capital fund||823,443|||(36,095)|787,348|
|General funds|||||||
|General
Fund||98,422|330,783|(238,909)|34,624|224,920|
|Total Unrestricted|funds|921,865|330,783|(238,909)|(1,471)|1,012,268|
|Restricted funds|||||||
|Youth Conference|||1,600|(30)||1,649|
|Vision Offering||32,800|10|(12,444)||20,366|
|Bike Offering|||16|||16|
|Heating
Offering||3,129||(3,420)|291||
|Women's
Conference - Closer||6,609|4,129|(8,705)||2,033|
|Church
Plant||10,000|3,200|(1,700)||11,500|
|Foodbank|||6|||6|
|Venture|||2,142|(3,322)|1,180||
|Staff Wellbeing|||1,350|(331)||1,019|
|||52,617|12,453|(29,952)|1,471|36,589|
|Total offunds||974,482|343,236|(268,861)||1,048,857|
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|Statement offunds|- prior year||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at||||31|
|||1 January|||Transfers|December|
|||2019|Income|Expenditure|in/out|2019|
|||E||E|F||
|Unrestricted
funds|||||||
|Designated
funds|||||||
|Capital fund||864,872|||(41,429)|823,443|
|General funds|||||||
|General
Fund||54,591|295,106|(290,124)|38,849|98,422|
|Total Unrestricted|funds|919,463||(290,124)|(2,580)|921,865|
|Restricted funds|||||||
|Youth Conference||850|11,055|(11,826)||79|
|Vision Offering||16,263|16,537|||32,800|
|Ethiopia 2018 Mission Trip||31||(1,080)|1,049||
|Colour Conference||122|||(122)||
|Bike Offering|||1,502|(1,955)|453||
|Heating
Offering|||4,165|(1,036)||3,129|
|Men's Conference|- Venture||3,309|(4,509)|1,200||
|Women's
Conference - Closer|||6,609|||6,609|
|Church
Plant|||10,000|||10,000|
|||17,266|53,177|(20,406)|2,580|52,617|
|Total offunds||936,729|53,177|(310,530)||974,482|
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|Summary|offunds - cur|rent year|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 1||||31|
|||January|||Transfers|December|
|||2020|Income|Expenditure
F|in/outf|2020|
|Designated|funds|823,443|||(36,095)|787,348|
|General funds||98,422|330,783|(238,909)|34,624|224,920|
|Restricted|funds|52,617|12,453|(29,952)|1,471|36,589|
|||974,482|343,236|(268,861)||1,048,857|
|Summary|offunds - prior|year|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at||||31|
|||1 January|||Transfers|December|
|||2019|Income|Expenditure|in/out|2019|
|||E||E|E||
|Designated|funds|864,872|||(41,429)|823,443|
|General funds||54,591|295,106|(290,124)|38,849|98,422|
|Restricted|funds|17,266|53,177|(20,406)|2,580|52,617|
|||936,729|348,283|(310,530)||974,482|
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|Analysis|ofn|et assets between funds - current|period|||
|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2020|2020|2020|
|||||F||
|Tangible|fixed|assets||1,283,469|1,283,469|
|Current|assets||36,589|227,561|264,150|
|Creditors|due|within one year||(45,082)|(45,082)|
|Creditors|due|in more than one year||(453,680)|(453,680)|
|Total|||36,589|1,012,268|1,048,857|
|Analysis|of n|et assets between funds - prior pe|riod|||
|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2019|2019|2019|
||||E|E|E|
|Tangible|fixed|assets||1,312,497|1,312,497|
|Current|assets||52,617|104,735|157,352|
|Creditors|due|within one year||(47,556)|(47,556)|
|Creditors|due|in more than one year||(447,811)|(447,811)|
||||52,617|921,865|974,482|
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