##
|Trustees||D Cole|||||
|---|---|---|---|---|---|---|
|||Pastor A White|||||
|||LAlexander|||||
|||M Abbott|||||
|||A Barnett|||||
|||J Ryder|||||
|||R Hardy|||||
|||K Konatham|||||
|||A Ogbuh|||||
|||L Ogbuh|||||
|||LTaylor|||||
|Company|secretary|Mrs A White|||||
|Charity number||1141558|||||
|Company|number|7494182|||||
|Principal|address|1he Victory|Centre||||
|||154-156 Portswood||||Road|
|||Southampton|||||
|||80172NH|||||
|Accountants||Knight Goodhead|||Limited||
|||7 Bournemouth||Road|||
|||Chandler's|Ford||||
|||Eastleigh|||||
|||Hampshire|||||
|||60533DA|||||
|Bankers||HSBC|||||
|||55Above Bar Street|||||
|||Southampton|||||
|||80147DZ|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|
||||funds|funds|2021|2020|
|||Note|||||
|INCOME|||||||
|Voluntary
income|||253,464|4,439|257,903|274,246|
|Charitable
activities|||9,449||9,449|13,688|
|Government
CJRS grant|||68,157||68,157||
|Investment
income|||||6|54|
|TOTAL INCOME|||331,076|4,439|335,515|287,988|
|EXPENDITURE|||||||
|Charitable
activities|||267,786|8,477|276,263|320,106|
|TOTAL EXPENDITURE|||267,786|8,477|276,263|320,106|
|NET INCOMEIEXPENDITURE|FOR YEAR||63,290|(4,038)|59,252|(32,118)|
|FUND BALANCES
AT 31 MARCH 2020|||639,559|19,578|659,137|691,255|
|FUND BALANCES AT 31 MARCH 2021|||702,849|15,540|718,389|659,137|
##
##
##
||||Unrestricted|Restricted||
|---|---|---|---|---|---|
||||funds|funds|2020|
|||Note||||
|INCOME||||||
|Voluntary
income|||249,454|24,792|274,246|
|Charitable
activities|||13,688||13,688|
|Investment
income|||54||54|
|TOTAL INCOME|||263,196|24,792|287,988|
|EXPENDITURE||||||
|Charitable
activities|||267,649|52,457|320,106|
|TOTAL EXPENDITURE|||267,649|52,457|320,106|
|NET EXPENDITURE|FOR YEAR||(4,453)|(27,665)|(32,118)|
|FUND BALANCES|AT 31 MARCH 2019||644,012|47,243|691,255|
|FUND BALANCES|AT 31 MARCH 2020||639,559|19,578|659,137|
##
|BALANCE SHEET|AS AT 31 MARCH 2021|||||
|---|---|---|---|---|---|
||Note||2021||2020|
||||||8|
|FIXEDASSETS||||||
|Tangible assets|||563,975||567,378|
|CURRENTASSETS||||||
|Debtors||17,385||9,925||
|Cash at bank and|in hand|143,028||89,482||
|||160,413||99,407||
|CREDITORS: amounts|falling|||||
|due within one year||(5,999)||(7,648)||
|NET CURRENT ASSETS|||154,414||91,759|
|NET ASSETS|||718,389||659,137|
|FUNDS||||||
|Restricted
funds|9||15,540||19,578|
|Designated
funds|10||612,016||608,715|
|Unrestricted
funds|10||90,833||30,844|
|TOTAL FUNDS|||718,389||659,137|
##
##
|||||2021|2020|
|---|---|---|---|---|---|
|||||Notes|9|
||NET CASH FLOW PROVIDED BYOPERATING ACTIVITIES|||69,624|(11,292)|
||CASH FLOWS FROM INVESTING ACTIVITIES|||||
||Interest received|||||
||CASH FLOWS FROM FINANCING|ACTIVITIES||||
||Fixed asset additions|||(16,084)|(4,369)|
||NE1 CASH FLOW FOR THE YEAR|||53,546|(15,607)|
||NOTES TO THE CASHFLOW|STATEMENT FOR THE YEAR ENDED 31 MARCH 2021||||
|||||2021|2020|
|1|NET CASH FLOW FOR THE YEAR||||6|
||Change
in cash and cash equivalents||in the year|53,546|(15,607)|
||Cash and cash equivalent
at start ofthe year|||89,482|105,089|
||Cash and cash equivalents
at the end||ofthe year|143,028|89,482|
|||||2021|2020|
|2|NET CASH FLOW PROVIDED BYOPERATING ACTIVITIES|||6||
||Net movement
in funds for the year|||59,252|(32,118)|
||Interest received|||(6)|(54)|
||Depreciation|||19,487|16,505|
||Loss on disposal offixed assets||||998|
||(Increase)/decrease
in debtors|||(7,460)|3,588|
||Increase/(decrease)
in creditors|||(1,649)|(211)|
||Net cash flow from operating
activities|||69,624|(11,292)|
|3|ANALYSIS OF CASH AND CASH EQUIVALENTS|||2021|2020|
|||||9|6|
||Cash at bank and
in hand|||143,028|89,482|
##
##
##
##
##
##
##
##
##
##
##
##
|EXPENDITURE|||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
||||funds|funds|2021|2020|
||||9|6|6|8|
|Costs directly allocated||toactivities|||||
|Pastoral|||||||
|-Staffcosts|||132,443|4,003|136,446|149,078|
|-Guest speakers||||||5,431|
|-Depreciation/loss|on vehicles|||||648|
|-Travel costs|||52||52|4,677|
|- Hospitality
and ministry
training|||3,443||3,443|10,985|
|Staff training|||24||24|345|
|Donations
and pastoral care|||2,827||2,827|2,979|
|Support for missionaries|||18,555|600|19,155|15,035|
|Church premises|expenses||||||
|-Depreciation|||18,149||18,149|15,384|
|- Utilities and insurance|||17,480||17,480|22,998|
|-Repairs|||11,925||11,925|13,200|
|Soup run|||50||50|2,282|
|Outreach
work|||710||710|1,736|
|Youth||||||3,608|
|Victory Asian Fellowship|||3,980||3,980|5,158|
||||209,638|4,603|214,241|253,544|
|Support costs allocated||to activities|||||
|Salaries|||34,059||34,059|34,989|
|Telephone,
postage and stationery|||8,896||8,896|12,189|
|Office equipment|and IT||8,886|3,874|12,760|11,131|
|Advertising|||226||226|1,500|
|Bank charges and interest|||1,563||1,563|1,972|
|Depreciation|||1,338||1,338|1,121|
|Independent
examination||and accountancy|3,180||3,180|3,660|
||||58,148|3,874|62,022|66,562|
|TOTAL EXPENDITURE|||267,786|8,477|276,263|320,106|
##
##
|4|ANALYSIS OF GRANTS
Grant payments
off1,000or more to charitable
institutions|were as follows:||
|---|---|---|---|
|||2021|2020|
|||g|f|
||Heart for India Foundation|6,300|6,329|
|5|STAFF COSTS|2021|2020|
|||6|6|
||Wages and salaries|159,708|170,676|
||Social security|6,413|8,557|
||Pension|4,384|4,834|
|||170,505|184,067|
|Number|Number|
|---|---|
|10|10|
||||2021|2020|
|---|---|---|---|---|
|||||6|
|Rev A White|||44,022|44,048|
|No other trustee received remuneration|during|this or the prior year.|||
##
|6|TANGIBLE FIXEDASSE18|TANGIBLE FIXEDASSE18|Freehold|Equipment|Fixtures 8||
|---|---|---|---|---|---|---|
||||Property|PA &admin|fittings|Total|
||||8|8|8|8|
||COST||||||
||At beginning
ofperiod||634,634|65,599|29,024|729,257|
||Additions|||16,084||16,084|
||Disposals|||(19,847)|(372)|(20,219)|
||At end of period||634,634|61,836|28,652|725,122|
||DEPRECIATION||||||
||At beginning
ofpediod||75,573|57,840|28,466|161,879|
||Charge for the period||12,693|6,313|481|19,487|
||Disposal|||(19,847)|(372)|(20,219)|
||At end of period||88,266|44,306|28,575|161,147|
||NET BOOK VALUE||||||
||At end of pediod||546,368|17,530|77|563,975|
||At beginning
of period||559,061|7,759|558|567,378|
|7|DEBTORS|||2021||2020|
|||||8||8|
||Income tax recoverable|||9,049||8,182|
||Other debtors|||8,336||1,743|
|||||17,385||9,925|
|8|CREDITORS: amounts|falling due within one year||2021||2020|
|||||||8|
||Trade creditors|||1,065||1,413|
||Accruals and deferred|income||3,934||4,594|
||Other creditors|||1,000||1,641|
|||||5,999||7,648|
##
##
##
##
##
##
##
##