| Note | 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|---|
| Restricted funds |
Unrestricted funds |
Endowment funds |
Total | Total | ||||
| Incomeand endowmentsfrom: | f | f | f | f | f. | |||
| Donations andlegacies | 18,547 | 62,953 | 81,500 | 86,423 | ||||
| Charitableactivities | 32 | 32 | 88 | |||||
| Othertrading activities Investment income |
2,J | 2,009 22,672 |
1,671 | 2,009 24,343 |
1,065 22,521 |
|||
| TotalIncome | 18,547 | 87,666 | 1,671 | 107,884I10,097 | ||||
| Expenditureon: | ||||||||
| Raising funds | 4 | 4.988 | 4,988 | 6,706 | ||||
| Charitableactivities | ||||||||
| Directserviceprovision | 5,217 | 5,217 | 5,394 | |||||
| Grant fundingofpartners | 14,675 | 86,1 85 | 100,860 | 55,560 | ||||
| Supportcosts | 4,368 | 4,368 | 4,919 | |||||
| TotalExpenditure | 14,675 | 100,758 | 115,433 | 72,579 | ||||
| Netgains/(losses)oninvestments | (43) | (43) | 53,615 | |||||
| NetIncome/(Expenditure) | 3,872 | (13,092) | 1,628 | (7,592) | 9l,153 | |||
| Transfers between funds | ||||||||
| NetMovement in Funds | 3,872 | (13,092) | 1,628 | (7,592) | 9l,193 | |||
| Reconciliation of funds: | ||||||||
| Total fundsbroughtforward | 48,959 | 762,237 | 811,196720,004 | |||||
| Totalfundscarried forward | 3,872 | 35,867 | 763,865 | 803,6048l1.196 |
| BalanceSheet asat3lDecember2020 |
BalanceSheet asat3lDecember2020 |
BalanceSheet asat3lDecember2020 |
BalanceSheet asat3lDecember2020 |
|||
|---|---|---|---|---|---|---|
| Restricted UnrestrictedEndowment | 2020 | 2019 |
||||
| Note | funds | funds | funds | |||
| fff. | !. | L | ||||
| Fixedassets | ||||||
| Tangibleassets | 7 | 743 | 695,000 | 695,743 | 695,000 | |
| Currentassets | ||||||
| Stock | 50 | |||||
| Debtors | 8 | 17,439 | 17,439 | 4,778 | ||
| Investments | 9 | 56,865 | 56,865 | 55,237 | ||
| Cash atbank andinhand | 3,872 | 18,562 | 12,000 | 34,434 | 57,607 | |
| 3,872 | 36,001 | 68,865 | 108,738 | 117,672 | ||
| Creditors- amountsfalling | l0 | (877) | (877) | (1,476) | ||
| duewithinoneyear | ||||||
| Netcurrentassets | 3,872 | 35,124 | 68,865 | 107,861 | 116,916 | |
| Netassets | 3,872 | 35,867 | 763,865 | 803,604 | 8l1,196 | |
| Funds | 12,13 | |||||
| Restricted funds | 3,782 | |||||
| Unrestricted funds | 35,867 | 48,959 | ||||
| Endowment funds | 763,865 | 762,237 | ||||
| Totalfunds | 803,604 | 8l1,196 |
| TradingIncome | ||||
|---|---|---|---|---|
| Unrestricted | Endowment | 2020 | 2019 | |
| Funds | Funds | Total | Total | |
| f | f | f, | f | |
| Fundraisingactivities | 37 | |||
| Tradingincome | 2,009 | 2,009 | 1,028 | |
| 2,009 | 2,009 | r.065 |
| ment Income | ||||
|---|---|---|---|---|
| Unrestricted | Endowment | 2020 | 2019 | |
| Funds | Funds | Total | Total | |
| *, | f | f, | I | |
| Rent received | 22,300 | 22,300 | 22.200 | |
| Incomefrominvestmentsheld | t.671 | 1,671 | ||
| Depositaccount interest | 312 | 312 | 321 | |
| 22,672 | 1,671 | 24,343 | 22,521 |
| Funds | ||||
|---|---|---|---|---|
| Unrestricted | fl,ndowment | 2020 | 2019 | |
| Funds | Funds | Total | Total | |
| f | f, | f | f | |
| Raising donations | 45 | 45 | 44 | |
| Trading activities | 708 | 708 | 452 | |
| Rentcollection | 1,588 | 1,588 | 1,598 | |
| Propertymaint.&insurance | 2,647 | 2,647 | 4,612 | |
| 4,988 | 4,988 | 6,706 |
| Unrestricted | Endowment | 2020 | 2019 |
|---|---|---|---|
| Funds | Funds |
Total | Total |
| ff | f | + | |
| 37t | 371 |
| FixedAssets | |||
|---|---|---|---|
| Landand Buildings |
Plantand Machinery |
Totals | |
| f | f, | f | |
| Cost | |||
| Atllanuary2020 | 695,000 | 3,048 | 698.048 |
| Additions | l,ll4 | l,ll4 | |
| Disposals | |||
| As at3lDecember2020 | 695,000 | 4,162 | 699,162 |
| Depreciation AtIJanuary2020 |
3,048 | 3,048 |
|
| Disposals | |||
| Charge | 371 | 311 | |
| As at31December2020 | 3,419 | 3,,419 |
|
| Netbook value At31 December 2020 |
695,000 | 743 | 695,743 |
| At3lDecember20l9 | 695.000 | 695,000 |
| mber 2020 | asthe Trusteesdonot consider tha | t there is anymaterialchangeinvalu |
|---|---|---|
| f | ||
| Valuation | in2019 | 45,000 |
| Valuation | in2017 | 50,000 |
| Valuation | in2016 | 25,000 |
| Valuation | in2015 | s0,000 |
| Valuation | in2014 | 50,000 |
| Valuation | in2013 | 25.000 |
| Valuation | in 2012 | 10,949 |
| Cost | 439,051 | |
| 695,000 |
| PrepaidExpenses | ||
|---|---|---|
| 2020 | 2019 | |
| *. | f. | |
| Other debtors | 1,783 | 761 |
| Prepayments | 15,656 | 4,011 |
| 17,439 | 4,118 | |
| et Investments | ||
| 2020 | 2019 | |
| f, | + | |
| Listedinvestments | 56,865 | 55,231 |
| 2020 | 2019 | |
|---|---|---|
| f, | f | |
| Accruedexpenses | 811 | 1,476 |
| Other creditors | ||
| 1,476 | 1,416 |
| ment inFunds | |||||||
|---|---|---|---|---|---|---|---|
| At01.01.20 | Incoming Resources |
Outgoing Resources |
Gains& Losses |
At31.12.20 | |||
| f | f | f, | *. | g | |||
| Restrictedfunds | |||||||
| COVID-19response | 14,316 | (13,515) | 801 | ||||
| Sportsministry | 482 | 482 | |||||
| School bursary | 2,649 | (1,160) | 1,489 | ||||
| lmbwa"LightforLife" | 1,100 | 1,100 | |||||
| 18,541 | (14,67 5) | 3,872 | |||||
| Unrestrictedfunds | |||||||
| General fund | 48,959 | 87,666(100,758) | 35,867 | ||||
| Endowmentfunds | |||||||
| Building | 695.000 | 695,000 | |||||
| C)ther | 762,231 67,237 |
l,6lI 1,671 |
43) (43) |
68,865 763,865 |
|||
| TotalFunds | 8ll,l96 | 107,884(115,433) (43) | 803,604 |
| Restricted | Unrestricted | Endowment | Total | |
|---|---|---|---|---|
| Funds | Funds | Funds | 2020 | |
| 2020 | 2020 | 2020 | ||
| f | f | f, | f | |
| TangibleFixedAssets | 743 | 695,000 | 695,743 | |
| CurrentAssets | 3,812 | 36,001 | 68,865 | 108,738 |
| CurrentLiabilities | (877) | (877) | ||
| NetAssetsAt31 Dec | 3,872 | 35,867763,865 | 803,604 |
| Restricted | Unrestricted | Endowment | Total | |
|---|---|---|---|---|
| Funds | Funds | Funds | 2019 | |
| 2019 | 2019 | 2019 | ||
| g | f | f | f | |
| TangibleFixedAssets | 695,000 | 695,000 | ||
| CurrentAssets | 50,435 | 61,237 | I17,612 | |
| CurrentLiabilities | (t.416) | (1.416) | ||
| NetAssetsAt31 Dec | 48,959762,237 | 811,196 |
| DetailedStatement ofFinancialActivities f | ortheYearEnded 31December20 | 20 |
|---|---|---|
| 2020 | 2019 | |
| IncomeandEndowments | f | f |
| Donations andlegacies | ||
| Donations | 13,879 | 80,586 |
| Giftaid | 7,621 | 5.837 |
| 81,500 | 86,423 | |
| Other tradingactivities | ||
| Fundraisingevents | JI | |
| Tradingpayments received | 2,009 | 1,028 |
| 2,009 | 1,065 | |
| Investmentincome | ||
| Rentsreceived | 22,300 | 22.200 |
| Otherinvestment income received | l,6lI | |
| Deposit account interest | 372 | 321 |
| 24,343 | 22,521 | |
| Charitableactivities | ||
| Primarypurposetrading | J/. | 88 |
| Totalincomingresources | 107,884 | I10,097 |
| Expenditure | ||
| Raisingdonationsandlegacies | ||
| Primarypurposetradingcosts | 148 | 10 |
| Raising donationscosts | 45 | 44 |
| 193 | l4 | |
| Other tradingactivities | ||
| Tradingcosts | 560 | 382 |
| Investmentmanagementcosts | ||
| Rentcollection | 1,588 | r,598 |
| Property maintenance | ,115 | 4,311 |
| Property insurance | 3t2 | 301 |
| 4,235 | 6,210 |
| DetailedStatementof FinancialActivities fortheYearE | nded3lDecember2020(contin | ued) |
|---|---|---|
| 2020 | 2019 | |
| g | f. | |
| Charitableactivities | ||
| J-Life(Training-ChurchLeader) | 2,250 | 12,179 |
| J-Life(Training-Youth) | 500 | 1,000 |
| J-Life(Training-Chiefs) | 1,000 | |
| J-Life (Children'sOutreach) | 5,121 | 4,050 |
| J-Life(Staff) | 28,229 | 14,220 |
| J-Life (lnternProgramme) | 680 | |
| J-Life(Community-EmergencyFlood Relief) | 7,723 | |
| J-Life(Community-ImbwaProject) | 23,546 | r00 |
| J-Life(Community- Other) | 1,750 | 220 |
| J-Life (COVID-l9Response) | 13,515 | |
| J-Life(Construction-Capital) | 15,727 | 9,370 |
| J-Life(Vehicles) | 3,596 | I,450 |
| J-Life(Bibles) | 150 | |
| J-Life(Other) | 4,573 | 1,85I |
| WingateGirlsSchool | 5,060 | |
| SecondarySchoolBursariesforGirls | t,160 | 393 |
| AcademicScholarships | 971 | 485 |
| Gifts to Individuals in Malawi | 50 | 50 |
| Gifts toother Organisationsin Malawi | ) | 8 |
| UKMinistry | 4,185 | 2,341 |
| UK OfficeCosts | 3,11r | 3,462 |
| Equipment-Depreciation | 311 | |
| 109,814 | 64,642 | |
| Governancecosts | ||
| Independent examinersfee | 600 | 1,200 |
| Legalfees | 3l | 3t |
| 631 | 1,231 | |
| Totalcharitableresources expended | 110,,445 | 65,873 |
| Totalresourcesexpended | 115,433 | 72,,579 |
| Net income | (7,549) | 37,518 |