|Trustees'
Annual
Report|Pages| |---|---| |Statement of Financial Activities|| |Balance Sheet|| |Statement
of Cash flows|| |Notes to the Accounts|| |Detailed Statement of Financial Activities|6to8
9to 10| ## ## ## ## ## ## ## ## |||||Unrestricted||| |---|---|---|---|---|---|---| |||||funds|Total funds|Total funds| ||||Notes|2021|2021|2020| |Income and|endowments|||||| |from:||||||| |Donations
Other|and|legacies||60,257|60,257|75,034| |||||34,200|34,200|| |Total||||||| |||||94,457|94,457|75,034| |Expenditure|on:|||||| |Charitable|activities|||||| |Other||||16,441|16,441|4,760| |Total||||88,510|88,510|30,468| |Net gains on|investments|||104,951|104,951|35,228| |Net (expenditure)/income||||||| |Transfers between||funds||(10,494)|(10,494)|39,806| |Net (expenditure)/income||||||| |before other gains/(losses)||||(10,494)|(10,494)|39,806| |Other gains and losses||||||| |Net movement|in|funds||||| |Reconciliation|offunds:|||(10,494)|(10,494)|39,806| |Total funds brought
Total funds carried||forward
forward||16,660|16,660|18,323| |||||6,166|6,166|58,129| ## ## ## ## |Charities Act 2011|
g
an Republic of Ireland
(FRS102
.|)and the| |---|---|---| |Change
in basis of|accounting
orto previous accounts|| |There has been no change to the accounting
policies (valuation
rules and method of accounting)
last year and no changes
have been made to accounts for previous years.||since| |Fund accounting||| |Unrestricted
funds|These are available for use at the discretion ofthe trustees
in furtherance
general objects ofthe charity.|ofthe| |Designated
funds
Revaluation
funds
Restricted funds|These are unrestricted
funds earmarked
by the trustees for particular
purposes.
These are unrestricted
funds which include a revaluation
reserve representing
the
restatement
of investment
assets at their market values.
These are available for use subject to restrictions
imposed
by the donor or through
terms ofan appeal.|| |Income||| |Recognition
of
income|Income is included
in the Statement
of Financial Activities
(SoFA) when the charity
becomes entitled to, and virtually
certain to receive, the income and the amount of
the income can be measured
with sufficient
reliability.|| |Income with related
expenditure|Where income has related expenditure
the income and related expenditure
reported
gross in the SoFA.|is| |Donations
and
legacies|Voluntary
income received
by way ofgrants, donations
and gifts is included
in the
the SoFA when receivable
and only when the Charity has unconditional
entitlement
to the income.|| |Tax reclaims on
donations
and gifts|Income from tax reclaims
is included
in the SoFA at the same time as the
gift/donation
to which
it relates.|| |Donated services
and facilities|These are only included
in income (with an equivalent
amount
in expenditure)
where the benefit to the Charity
is reasonably
quantifiable,
measurable
and|| ||material.|| |Volunteer
help
Investment
income|The value of any volunteer
help received
is not included
in the accounts.
This is included
in the accounts when receivable.|| |Gains/(losses)
on
revaluation
offixed|This includes
any gain or loss resulting
from revaluing
investments
to market
at the end ofthe year.|value| |assets||| |Gains/(losses)
on|This includes
any gain or loss on the sale of investments.|| |investment
assets||| |LVARY OF FREEDOM
tes to the Accounts|EVANGELICAL MINISTRY|| |---|---|---| |Expenditure||| |Recognition
of
expenditure|Expenditure
is recognised
on an accruals basis. Expenditure
includes
any VAT which
cannot be fully recovered,
and is reported
as part ofthe expenditure
to which
it
relates.|| |Expenditure
on
raising funds
Expenditure
on
charitable
activities|These comprise the costs associated
with
trading costs and investment
management
These comprise the costs incurred
by the
services
in the furtherance
of its objects,
governance
costs.|attracting
voluntary
income, fundraising
costs.
Charity
in the delivery of its activities and
including
the making ofgrants and| |Grants paya b le|All grant expenditure
is accounted for on an actual paid basis plus an accrual for
grants that have been approved
by the trustees at the end ofthe year but not yet
pa ICI.|| |Governance
costs|These include those costs associated
with
requirements
ofthe Charity,
including
any
costs linked to the strategic management
other administration
costs.|meeting the constitutional
and statutory
audit/independent
examination
fees,
ofthe Charity, together
with a share of| |Other expenditure|These are support costs not allocated to a|particular
activity.| ## ## ## ## ## ## ## ## ## ## ||2
Statem|e|nt|o|f Financia|l Activities - prior year|||| |---|---|---|---|---|---|---|---|---|---| |||||||||Unrestricted|| |||||||||funds|Total funds| |||||||||2020|2020| ||Income and||endowments|||from:|||| ||Donations|||and legacies|||||| ||Total|||||||75,034|75,034| ||Expenditure||on:|||||75,034|75,034| ||Charitable|||activities|||||| ||Other|||||||4,760|4,760| ||Total|||||||30,468|30,468| ||Net income|||||||35,228|35,228| ||Net income before other|||||||39,806|39,806| |gains/(losses)||||||||39,806|39,806| |Other gains and||||losses:|||||| |Net movement||||in funds|||||| |Reconciliation|||offunds:|||||39,806|39,806| |Total funds brought|||||forward||||| |Total funds carried|||||forward|||18,323|18,323| |||||||||58,129|58,129| |3|Income from|||donations||and legacies|||| ||||||||Unrestricted|Total|Total| |||||||||2021|2020| ||Donations|are also inform||||of|||| ||Thithes and||Offerings||||60,257|60,257|75,034| |4|Other income||||||60,257|60,257|75,034| ||||||||Unrestricted|Total|Total| |||||||||2021|2020| ||||||||18,363|18,363|| ||||||||15,837|15,837|| ||||||||34,200|34,200|| ## ||||||||Unrestricted|Total|Total| |---|---|---|---|---|---|---|---|---|---| |||||||||2021|2020| |||Expenditure
on charitable|||||||| |||acti vities|||||||| |||WEALFARISM|||||||| |||Governance
costs|||||16,441|16,441|4,760| ||6|Other expenditure|||||16,441|16,441|4,760| ||||||||Unrestricted|Total|Total| |||||||||2021|2020| |||Other interest payable|||||830|830|| |||Employee costs|||||||| |||Motor and travel costs
Premises costs|||||34,323
21,541|34,323
21,541|14,012
10,642| |||Amortisation,
depreciation,|||||20,941|20,941|800| |||impairment,
profit/loss
disposal offixed assets|on||||3,737|3,737|| |||General administrative
Legal and professional|costs
costs||||4,918
2,215|4,918
2,215|3,859
1,150| |7||Net (expenditure)/income||before|transfers||88,510|88,510|30,468| |||This is stated after charging:|||||2021||2020| |8|Depreciation
of owned
Staff costs||fixed|assets|||3,737||| ||Salaries and wages
Social security costs||||||2021
33,887
436||2020
13,188| ||||||||34,323||13,188| ||No employee
received emoluments||||in excess off60,000.||||| ||The average
monthiy
number|||offull|time equivalent|employees|during the year was as follows:||| ||||||||2021||2020| ||Number of Employees||||||Number||Number| ## |Cost or revaluation|Cost or revaluation|||| |---|---|---|---|---| |At 1January|2021|||| |At 31December 2021||25,527|16,708|42,235| |Depreciation|and|25,527|16,708|42,235| |impairment||||| |At 1January|2021|||| |Depreciation|charge for the|16,548|12,986|29,534| |year
At 31December 2021||2,993|744|3,737| |Net book values||19,541|13,730|33,271| |At 31December 2021||||| |At 31December 2020||5,986|2,978|8,964| |10 Debtors||8,979|3,722|12,701| |||2021||2020| |Other debtors||||| |||||13,483| |11 Creditors:||||13,483| |amounts
falling|due within one year|||| |||2021||2020| |Trade creditors||||| |Other creditors||||181| |||||1,875| |12 Creditors:||||2,056| |amounts
falling|due after more than one year|||| |||2021||2020| |Other creditors||||| |||17,981||| |13 Provisions||17,981||| ||||Other|| ||||provisions|Total| |At 1January 2021|||f|f| |At 31December|2021||(4,567)|(4,567)| ||||(4,567)|(4,567)| ## |||||Incoming||| |---|---|---|---|---|---|---| |||||resources||| |||||(including|Resources|At 31| |||||other|expended|December| ||||At 1January|gains/losses||2021| ||||2021|)||| |Restricted funds:||||f||| |Unrestricted|funds:|||||| |General funds|||16,660|94,457|(104,951)|6,166| |Total funds
15 Analysis ofnet assets between||funds|16,660|94,457|(104,951)|6,166| |||||Unrestricted|Restricted|| |||||funds|funds|Total| |Fixed assets||||||| |Net current assets
Creditors due in more than one||year and||8,964
10,616||8,964
10,616| |provisions||||4,567|(17,981)|(13,414)| |||||24,147|(17,981)|6,166| |16 Reconciliation|ofnet debt|||||| |||||||At 31| |||||At 1January||December| |||||2021|Cash flows|2021| |Cash and cash equivalents||||30,611|f
(19,995)|10,616| |||||30,611|(19,995)|10,616| |Net debt||||30,611|(19,995)|10,616| |||2021|2020| |---|---|---|---| |||f|f| |Cash flows from operating
activities|||| |Net (expenditure)/income
per Statement|of Financial Activities|(10,494)|39,806| |Adjustments
for:|||| |Movement
in provisions
Depreciation
ofproperty,
plant and equipment
Dividends,
interest and rents from investments
Decrease/(Increase)
in trade and other receivables
Increase
in trade and other payables||(4,567)
3,737
(34,200)
13,483
15,925|(13,483)
1,875| |Net cash (used in)/provided
by operating|activities|(16,116)|28,198| |Cash flows from investing
activities|||| |Dividends,
interest and rents from investments||34,200|| |Net cash from investing
activities||34,200|| |Net cash from financing
activities|||| |Net increase
in cash and cash equivalents||18,084|28,198| |Cash and cash equivalents
at the beginning|ofthe year|30,611|2,413| |Cash and cash equivalents
at the end ofthe|year|48,695|30,611| |Components
ofcash and cash equivalents|||| |Cash and bank balances||10,616|30,611| |||10,616|30,611| ||||Unrestricted||| |---|---|---|---|---|---| ||||funds|Total funds|Total funds| ||||2021|2021|2020| ||||f||f| |Income and endowments||from:|||| |Donations
and legacies|||||| |Donations are also|inform|of|||| |Thithes and Offerings|||60,257|60,257|75,034| |Other|||60,257|60,257|75,034| ||||18,363|18,363|| ||||15,837|15,837|| |Total income and endowments
Expenditure
on:|||34,200
94,457|34,200
94,457|75,034| |Charitable
activities|||||| |WEALFARISM|||||| ||||16,441|16,441|4,760| |Total ofexpenditure|on charitable||16,441|16,441|4,760| |activities|||16,441|16,441|4,760| |Other expenditure|||||| |Other interest payable|||830
5|830
5|| |Employee costs|||835|835|| |Salaries/wages
Employer's
NIC
Staff welfare|||33,887
436|33,887
436|13,188| ||||||824| |Motor and travel costs|||34,323|34,323|14,012| |Vehicles
—Repairs and|||||| |maintenance|||221|221|433| |Travel and subsistence|||21,320|21,320|10,209| |Premises costs|||21,541|21,541|10,642| |Rent|||||| |Light, heat and power|||19,760
1,181|19,760
1,181|800| |General administrative|costs,||20,941|20,941|800| |including
depreciation|and||||| |amortisation|||||| |Depreciation
of
Information
and publications
Stationery
and printing|||3,737
348
40|3,737
348
40|338
39| |Detailed Statement of|Financial Activities|||| |---|---|---|---|---| |Subscriptions||||| |Sundry expenses||||16| |Telephone,
fax and broadband||4,530|4,530|540
2,926| |Legal and professional|costs|8,655|8,655|3,859| |Accountancy
and bookkeeping||2,215|2,215|1,150| |Total ofexpenditure
ofother costs
Total expenditure
Net gains on investments||2,215
88,510
104,951|2,215
88,510
104,951|1,150
30,468
35,228| |Net (expenditure)/income||(10,494)|(10,494)|39,806| |Net (expenditure)/income|before|||| |other gains/(losses)||(10,494)|(10,494)|39,806| |Other Gains||||| |Net movement
in funds||(10,494)|(10,494)|39,806| |Reconciliation
offunds:||||| |Total funds brought
forward||16,660|16,660|18,323| |Total funds carried forward||6,166|6,166|58,129|