## ||||PAGE| |---|---|---|---| |General|information||| |Trustees|Annual
Report||2-6| |Independent
Examiners||Report|| |Statement of Financial Activities|||| |Balance|Sheet||| |Notes to|the Financial Statements||10-14| |TRUSTEES:|Robb Philip Harman|Robb Philip Harman||| |---|---|---|---|---| ||Stephen
Morris||Appointed|01/09/2021| ||Catherine
Smith||Appointed|01/09/2021| ||Peter Connor|||| ||Deborah Connor|||| ||Sally Elizabeth
Harman|||| ||Jonathan
Andrew|Biddle|Retired 31/08/2021|| |DIRECTORS:|Robb Philip Herman|||| ||Sally Elizabeth
Harman|||| ||Jonathan
Andrew|Biddle||| ||Carla Ruth Dunn||Retired 01/09/2021|| |CHAIRPERSON:|Mr Robb Philip Harman|||| |ADDRESS:|217Southend
Road|||| ||Stanford
Le Hope|||| ||Essex|||| ||SS177AQ|||| |ACCOUNTANTS:|Moore Kingston
Smith LLP|||| ||Orbital House|||| ||20 Eastern Road|||| ||Romford|||| ||Essex|||| ||RM1 3PJ|||| |BANK:|Barclays Bank|||| ||24 Grover Walk|||| ||Corring
ham|||| ||Essex|||| ||SS177LY|||| |COMPANY NO.|07900719|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||Funds|Funds|Funds|Funds| ||||||2021|2021|2021|2020| |||||Notes|6|6|6|6| |Income from:||||||||| |Donations|and|grants|||48,840|55,775|104,615|105,691| |Charitable|activities:|||||||| ||Other||income|||||| |investment|income||received||||1|7| ||||||48,841|55,775|104,616|105,698| |E~dd||||||||| |Raising funds||||||||| |Charitable|activities||||36,447|62,538|98,985|94,252| ||||||36,447|62,538|98,985|94,252| |Net income/(expenditure)|||||12,394|(6,763)|5,631|11,446| |Transfers||||||||| |Net movements||in funds|||12,394|(6,763)|5,631|11,446| |Reconciliation||offunds:||||||| |Total funds|brought||forward||29,517|26,500|56,017|44,571| |Total funds|carried forward||||41 911|19737|61,648|5 017| ## |||Notes|2021
6|2021|2020|f|2020
6| |---|---|---|---|---|---|---|---| |Current Assets|||||||| |Debtors|||||1,081||| |Cash at bank|||63,324||56,828||| |Cash in hand|||663||230||| |||||63,987|||58,139| |Current
Liabilities|||||||| |Creditors: amounts|falling due||||||| |within one year||||(2,339)|||(2,122)| |Net assets||10|||||| |Represented
by:|||||||| |Unrestricted
funds||||41,911|||29,517| |Restricted
funds||||19,737|||26,500| |Totalfunds||||61666|||66 6| ## |1. Accounting
Policies|||||||| |---|---|---|---|---|---|---|---| |Company
Information|||||||| |24-7 Prayer Stanford ise company
limited by guarantee
domiwlsd
and incorporated
in|||England end Wales.
The registered|||ofiice is|| |217Southend
Road, Stanford le Hope, Essex, SS177AB.|||||||| |(a) Basis ofaccounting|||||||| |The financial
statements
have been prepared
under the historical cost convention,
with the exception||||of listed investments||which|| |are included
et their market value.
The financial slatemenls|have been prepared
in accordance
with the Statement
of||||||| |Recommended
Pracbce applicable
to charities
prepanng
their accounts
in accordance|||with lhe Finanaal
Reporting
Standard||||| |applicable
in the UK and Republic of Ireland effective
1 January 2015(The FRS 102 Chanqies SORP), the Companies
Act||||||2006|| |and Charities Act 2011.|||||||| |The Trustees
confirm that the Charily meets the definibon
of a public benefit entity under FRS 102.|||||||| |(b) Fund accounting|||||||| |- Unreslncted
funds sre available for use al the discrebon ofIhe trustees
in furtherance|||ofthe general|obleclwes ofthe charity.|||| |- Restricted funds are subject to restrictions
on their expenditure
imposed
by the donor|||or through
the|lerms of an appeal.|||| |(c) Income|||||||| |Ag income is induded
in the statement
offinanwal
acfivlties|when the chsnly is entitled||to receive the|mcome and the amount|||can| |bs quantified
with reasonable
accuracy.
The following
pollues are applied to particular|||categories of income||||| |-Voluntary
income is received
by way of grants, donations|and gifts and is included
in|full in the Statement
of Financial Activities|||||| |when receivable,
Grants, where enbtlement
is not conditional
on the dsfivsry ofe specific performance||||by Ihe charity
are|||| |recognised
when the chsnty becomes unconditionally
enbtled
lo the grant.|||||||| |-Donated services and fawliees are included at the value to the chanty where
this can|||be quantified.|)he value ofservices|||| |provided
by volunteers
has not been included
in these financial statements.|||||||| |-Investment
income is included
when receivable.|||||||| |(d) Expenditure|||||||| |Expenditure
is recognised
on an accrual basis as a liabifity|is incurred.
Expenditure
includes VAT, and is reported as part||||ofthe||| |expenditure
to which
it relates|||||||| |-Coals of raising funds comprise the costs associated
with|attracting
voluntary
income.||||||| |-Chanteble
expenditure
comprises those costs incurred
by|the chanty
in the delivery ofits activities
and services for its||||||| |benefiuaries.
It includes
both costs that can bs allocated
directly to such acbvitiss
and|||those costs of|en indirect nature necessary|||| |to support them.|||||||| |-Ag costs are allocated between the expenditure
categones|ofthe SoFA on a basis designed
to reflect the use ofthe resource||||||and| |set out in Note 3.|||||||| |(e) Going concern|||||||| |At the time of approving
the Trustees have a reasonable
expectation
that the chanty hss adequate
resources to continue|||||m||| |operational
existence for the foreseeable
future and for a period ofat least 12 months||following
the approval ofthese financial|||||| |statements.
Thus the Trustees continue to adopt the gomg|concern basis ofaccounting||in preparing
the finanaal statemenls.||||| |(fl Financial instruments|||||||| |The chaniy only has financial assets and financial
liabilities|of4 kind that qualify as basic finanaal
mstrumenls.
Basicfinanasl||||||| |instruments
are initiagy recognised
at transaction
value and|subsequenfiy
measured
at||their seltlement|value.|||| |(g) Gavemment
grants|||||||| |Government
grants ars recognised at the fair value ofthe asset received or receivable|||when there is reasonable
assurance|||that the|| |grant condilions
will be met and the grants
will bs received.|||||||| |A grant that specifies performance
conditions
is recognised|in income when tha performance
conditions ars met. Where a grant||||||| |does not specify performance
conditions
it is recognised
in|income when the proceeds||are remived
or|receivable.
A grant|received||| |before the recognition
criteria are satisfied is recognised as|a liability.||||||| |Government
grants are recognised
at the fair value ofthe asset received or receivable|||when there is reasonable
assurance|||that the|| |grant conditions
will be met and the granls
will be received.|||||||| |A grant that specifies performance
conditions is recognised|m mcome when the performance
conditions
are met. Where a grant||||||| |does not specify performance
condieons
it is recognised
in|income when the proceeds||ere received or|receivable.
A grant|received||| |before the recognition
cntena sre satisfied
is recognised es|e liability.||||||| ## ## ## ||2021|2020| |---|---|---| |follows|2|E| |Wages and salaries|62,908|63,513| |Social security costs||703| |Pension costs|1 047|949| ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||||E|2| |||||Other debtors||1 081| |9.Creditors:|Amounts|falling|due|within one year||| ||||||2021|2020| ||||||E|2| |||||Accruals|1,440|1,356| |||||Taxes and sooalsecurity|Sgg|766| ||||||2 339|2 122| ## |10.Ana|lysis ol Nel Assets bet|ween funds|||||| |---|---|---|---|---|---|---|---| |||Unrestricted|Restricted||Unrestricted|Restricted|| |||Funds|Funds|Total|Funds|Funds|Total| |||2021|2021|2021|2020|2020|2020| ||||2||2||E| |Current|Assets|44,250|19,737|63,987|31,639|26,500|58,139| |Current|Ltabttttes|2 339||2339|2 122||2 122| |||41 911|19737|61 648|29517|26 500|56017| ## |11.Movem|en|t
In f|unda||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||At 1|Incoming||Outgoing||At 31| ||||||January||resources||resources|Transfers|December| |||||||2021||2021|2021|2021|2021| |||||||2||6|E|6|E| |Restricted|funds:||||||||||| |Counselling,||advice|and information||26500||55|775|62538||19737| |Unrestrlrted||funds:|||||||||| |General funds|||||2|17|4|I|7|-|41 911| |Total funds|||||56|01'7|104|616|90905||61 640| |Movsmeni|in|funds|in respect orlhe comparslwe|period:|||||||| |||||||At I|Incoming||Outgoing||At 31| ||||||January||resources||resources|Transfers|December| |||||||2020||2020|2020|2020|2020| |||||||||2|2|E|6| |Restricted|funds:||||||||||| |Counselling,||advice|end information||||||41 2||26500| |Unrestd etsd||funds:|||||||||| |Generalfunds|||||44|571|55|066|70 120||29517| |Total funds|||||||||||17| ## ## |13.Compar|ative|S|tatement ofFinancial Activities|||| |---|---|---|---|---|---|---| |||||Unrestdcted|Restricted|Total| |||||Funds|Funds|Funds| |||||2020|2020|2020| |||||6|6|6| |Donsgons|end|grants||55,059|50,632|105,691| |Charitable|activiaes|||||| |Inveslmenl|income||received|||| |||||55,066|50,632|105,696| |Raising funds||||||| |Chertable|activities|||70,120|24,132|94252| |||||70,120|24,132|94,252| |Net income/(expenditure)||||(15,054)|26,500|11,446| |Transfers||||||| |Net movemenls||in funds||(15,054)|26,500|11,446| |Recenci Sation||offunds:||||| |Totalfunds|broughtforward|||44 571||44571| |Total funds|named||forward|29,517|26,500|56,017|