## ||||Page|| |---|---|---|---|---| |Report ofthe Trustees||1|to|6| |Independent
Examiner's|Report|||| |Statement of Financial|Activities|||| |Balance Sheet||||| |Notes to the Financial Statements||10 to||20| |Detailed Statement of Financial Activities||21|to|22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||for the|Year E|nded 31 Au
ust|2020||| |---|---|---|---|---|---|---|---|---| ||||||||31.8.20|31.8.19| ||||||Unrestricted|Restricted|Total|Total| ||||||funds|funds|funds|funds| |||||Notes||6|6|6| |INCOME AND ENDOWMENTS|||FROM|||||| |Donations
and legacies|||||252,343|33,964|286,307|250,817| |Investment
income||||2|9,922||9,922|9,767| |Total|||||262,265|33,964|296,229|260,584| |EXPENDITURE ON||||||||| |Raising funds|||||236,329|13,896|250,225|259,571| |Other|||||512||512|3,616| |Total|||||236,841|13,896|250,737|263,187| |NET INCOME/(EXPENDITURE)|||||25,424|20,068|45,492|(2,603)| |Transfers
between||funds||8|~19,5083|19508||| |Net movement
in funda|||||5,916|39,576|45,492|(2,603)| |RECONCILIATION|OF FUNDS|||||||| |Total funds brought||forward|||1,284,477|(9,442)|1,275,035|1,277,637| |TOTAL FUNDS CARRIED FORWARD|||||1,290393|30,134|1,320,527|1,275,034| ## |Balance Sheet||||||| |---|---|---|---|---|---|---| ||3~1A|12020||||| ||||||31.8.20|31.8.19| |||Unrestricted|Restricted||Total|Total| |||funds|funds||funds|funds| |FIXEDASSETS|Notes|||F|E|6| |Tangible assets|5|1,160,703|||1,160,703|1,146,721| |CURRENT ASSETS||||||| |Debtors
Cash in hand|6|11,086
122,053|30,134||11,086
152,187|9,349
124,214| |||133,139|30,134||163,273|133,563| |CREDITORS||||||| |Amounts
falling due within one year|7|(3,449)|||(3,449)|(5,250)| |NET CURRENT ASSETS||129,690|30,134||159,824|128,313| |TOTAL ASSETSLESSCURRENT||||||| |LIABILITIES||1,290,393|30,134||1,320,527|1,275,034| |NET ASSETS||1,29D.393|3'|,134|1 320,527|1,275,034| |FUNDS||||||| |Unrestricted
funds
Restricted funds|||||1,290,393
30,134|1,265,592
9,442| |TOTAL FUNDS|||||1,320,527|1,275,D34| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |
for
TANGIBLE FIXEDASSETS|
the Year Ended 31 Au|ust 2020||| |---|---|---|---|---| ||Church|||Motor| ||Building|Hut|Manse|Vehicles| |COST|F|F||6| |At 1 September 2019
Additions|834,402|37,918|135,837|7,200| |Disposals||||| |At 31August 2020|834,402|37,918|135,837|7,200| |DEPRECIATION||||| |At 1 September 2019
Charge for year
Eliminated
on disposal||||4,922
570| |At 31 August 2020||||5,492| |NET BOOK VALUE||||| |At 31August 2020|834,402|37,918|135,837|1,708| |At 31August 2019|834,402|37,918|135,837|2,278| ||Fixtures|||| ||and|Office|Arnolds|| ||fittings|equipment|Mead|Totals| |COST|||E|8| |At 1 September 2019
Additions
Disposals|85,517
1,554
~2,792)|11,926
~4,458)|110,656
20,231|1,223,456
21,785
~7,250)| |At 31August 2020|84,279|7,468|130,887|1,237,991| |DEPRECIATION||||| |At 1 September 2019
Charge for year
Eliminated
on disposal|60,945
6,456
~2,280)|10,868
265
~4,458)||76,735
7,291
~6,738)| |At 31August 2020|65,121|6,675||77,288| |NET BOOK VALUE||||| |At 31August 2020|19,158|793|130,887|1,160,703| |At 31August 2019|24,572|1,068|110,656|1,146,721| ## |Note|s to the Financial Statem|ents
-continued
for the Year Ended 31 Au
ust 2020|ents
-continued
for the Year Ended 31 Au
ust 2020||| |---|---|---|---|---|---| |6.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||| |||||31.8.20|31.8.19| ||||||E| ||Trade debtors|||11,086|9,349| |T.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||| |||||31.8.20|31.8.19| |||||E|F| ||Trade creditors|||3,449|5,250| ## ## |OVEMENT
IN FUNDS||||| |---|---|---|---|---| |||Net|Transfers|| |||movement|between|At| ||At 1.9.19|in funds|funds|31.8.20| |||6|F|8| |Unrestricted
funds||||| |General
fund
Anne Killingback
Mission Fund-|65,644
6,126|24,131|(19,421)
(89)|70,354
6,037| |Designated||||| |Buildings - Buildings - Designated|43,289||19,000|62,289| |Fixed Asset Fund - Designated|1,146,722|(7,804)||1,138,918| |Ladies Ministry - Designated||863||863| |Men's Ministry - Designated|1,128|(188)||940| |Soul Survivor - Designated|327|(260)|(66)|| |Leaders
Ministry - Designated|(150)|(50)|200|| |Youth Events - Designated|5||66|| |Childrens
Events - Designated
Youth Weekend-
Designated
Events 11.15-Designated|8
(148)
7|10
19|(8)|10
(129)
7| |COTG events- Designated|150||(150)|| |Sanga Sanga Mission Trip 2019|474||(40)|434| |Uganda
Mission Trip 2019|2,010|||2,010| |DTI Camp - Designated
Covid 19Benevolent - Designated||(367)
9,070||(367)
9,070| ||1,265,592|25,424|(508)|1,290,508| |Restricted funds||||| |Mission Fund|2,865|1,563||4,428| |Junior Church|55|(31)||24| |Buildings - Buildings||21,525||21,525| |International
Teams|62|(62)||| |Tearfund||(342)|342|| |Mission Fund-Mission
trips|6,460|38|(12)|6,486| |Sanga Sanga Mission Trip 2019||(434)||(434)| |Uganda
Mission Trip
Uganda
Mission Trip 2019||(2,189)|178|(2,189)
178| ||9,442|20,068|508|30,018| |TOTAL FUNDS|1,275,034|45,492||1,320,526| ## ## ||||Incoming|Resources|| |---|---|---|---|---|---| ||||Movement||| ||||resources|expended|in funds| ||||F|6|F| |Unrestricted
funds|||||| |General
fund|||244,136|(220,005)|24,131| |Fixed Asset Fund|- Designated|||(7,804)|(7,804)| |Ladies Ministry -|Designated||1,867|(1,004)|863| |Men's Ministry —Designated|||752|(940)|(188)| |Soul Survivor - Designated||||(260)|(260)| |Leaders
Ministry|- Designated||700|(750)|(50)| |Childrens
Events|- Designated||10||10| |Youth Weekend-|Designated||1,165|(1,146)|19| |DTI Camp - Designated
Covid 19Benevolent -||Designated|665
12,970|(1,032)
~3,900)|(367)
9,070| ||||262,265|(236,841)|25,424| |Restricted funds|||||| |Mission Fund|||6,098|(4,535)|1,563| |Junior Church|||100|(131)|(31)| |Buildings - Buildings|||25,703|(4,178)|21,525| |International
Teams|||905|(967)|(62)| |Tearfund|||1,040|(1,382)|(342)| |Mission Fund-Mission||trips|38||38| |Sanga Sanga Mission||Trip 2019||(434)|(434)| |Compassion
Uganda
Mission|Trip||80|(80)
~2,189)|~2,189)| ||||33,964|~13,896)|20,068| |TOTAL FUNDS|||295,717|~250,225)|45,492| ## ## ## ||||Net||Transfers| |---|---|---|---|---|---| |||movement||between|At| ||At 1.9.18|in funds||funds|31.8.19| ||6|F||6|8| |Unrestricted
funds|||||| |General
fund|108,195|5,410||(47,961)|65,644| |Anne Killingback
Mission Fund-|9,161|(187)||(2,848)|6,126| |Designated|||||| |Buildings - Buildings - Designated
Fixed Asset Fund - Designated|1,152,691|(1,711)
(8,446)||45,000
2,477|43,289
1,146,722| |Ladies Ministry - Designated
Men's Ministry - Designated|124
1,511|(125)
(383)||1|1,128| |Soul Survivor - Designated||(687)||1,014|327| |Leaders
Ministry - Designated||(225)||75|(150)| |Youth Events - Designated|||||5| |Childrens
Events - Designated|8||||8| |Youth Weekend-
Designated
Events 11.15-Designated|(150)
(128)|896
135||(894)|(148)
7| |COTG events- Designated|150||||150| |Youth residential||120||(120)|| |Sanga Sanga Mission Trip 2019
Uganda
Mission Trip 2019||474
~2,25 ~)||4,265|474
2,010| |Restricted funds|1,271,562|(6,979)||1,009|1,265,592| |Food Hampers|197|(197)|||| |Mission
Fund|2,501|429||(65)|2,865| |Mission Fund - Lancaster|456|(521)||65|| |Junior Church|137|(82)|||55| |International
Teams||62|||62| |Tearfund|30|(438)||408|| |Mission Fund-Mission
trips|611|5,199||650|6,460| |Compassion|1|(1)|||| |Tanzania
Mission Trip
Uganda
Mission Trip
Debt Avice|435
1,632
75|~75)||(435)
(1,632)|| ||6,075|4,376||(1,009)|9,44| |TOTAL FUNDS|1,277,637|(2,603)|||1,275,034| ## ## ||Incoming|Resources|| |---|---|---|---| ||Movement||| ||resources|expended|in funds| ||||8| |Unrestricted
funds|||| |General
fund|235,426|(230,016)|5,410| |Anne Killingback
Mission Fund-|531|(718)|(187)| |Designated|||| |Buildings - Buildings - Designated||(1,711)|(1,711)| |Fixed Asset Fund - Designated||(8,446)|(8,446)| |Ladies Ministry - Designated|767|(892)|(125)| |Men's Ministry - Designated|367|(750)|(383)| |Soul Survivor - Designated|1,482|(2,169)|(687)| |Leaders
Ministry - Designated|525|(750)|(225)| |Youth Events - Designated|104|(99)|5| |Minibus
Fund|10|(10)|| |Childrens
Events - Designated|56|(56)|| |Youth Weekend-
Designated
Events 11.15-Designated|2,209
552|(1,313)
(417)|896
135| |Youth residential|120||120| |Sanga Sanga Mission Trip 2019
Uganda
Mission Trip 2019|2,240
3,931|(1,766)
~6,186)|474
~2,255)| ||248,320|(255,299)|(6,979)| |Restricted funds|||| |Food Hampers||(197)|(197)| |Mission Fund|3,429|(3,000)|429| |Mission
Fund - Lancaster|510|(1,031)|(521)| |Junior Church|100|(182)|(82)| |International
Teams|930|(868)|62| |Tearfund|1,314|(1,752)|(438)| |Mission Fund-Mission
trips|5,199||5,199| |Compassion|270|(271)|(1)| |Debt Avice
TGW Offering|512|(75)
~512)|(75)| ||12,264|(7,888)|4,376| |TOTAL FUNDS|260,584|~263,187)|~2,603)| ## ## ## ## ## ## ## |CONTINGENT
LIABILITIES -|continued|continued||| |---|---|---|---|---| |The key financial
assumptions|underlying
the valuation||were as follows:|| |Type ofAssumption||||%pa| |RPI price inflation
assumption
CPI price inflation
assumption
Minimum
Pensionable
Income|Increase Adjustment|(above||3.20
2.70
0.50| |CPI)||||| |Assumed
investment
returns
- Pre-retirement
(gilt yield plus 1.75%pa)
-Post retirement
(including
benefits matched
by the||||2.95
1.70| |insurance
policy) (gilt yield plus 0.5% pa)||||| |Minimum
Pensionable
Income|increases (CPI plus|0.5%)||3.20| |Deferred
pension increases (based on RPI)
-Pre April 2009
-Post April 2009||||3,20
2.50| |Pension increases
-Based on CPI with an annual|floor of0%and annual||cap|2.70| |of5%||||| ## ## ## ## ## ## ## ||||31.8.20|31.8.19| |---|---|---|---|---| |INCOME AND ENDOWMENTS||||| |Donations
and legacies
General offerings
and donations
General offerings and donations-restricted
General
offerings and donations-designated|||234,214
33,926
18,167|225,659
14,718
10,440| ||||286,307|250,817| |Investment
income||||| |Tynings
rent received
Deposit account interest|||9,180
742|9,000
767| ||||9,922|9,767| |Total incoming
resources|||296,229|260,584| |EXPENDITURE||||| |Raising donations
and legacies
Salaries|||138,227|132,459| |Pastoral care|||7,044|4,027| |Worship expenses
Admin: subscriptions
Admin: telephone
Admin: other costs|||1,569
1,341
1,049
2,537|1,061
1,196
1,312
2,571| |Ministry:
Pulpit supplies
Outreach
CMDAC|||2,490|200
1,753| |Outreach: Senior Citizens||||377| |Outreach:
Mums and Tots||||152| |Outreach: Events|||1,868|1,987| |Mission; Home mission
The Gathering
Weekend
Mission: Others|||7,000
17
11,551|7,000
2,495
20,766| |Upkeep of Church
Other Premises Costs: Council|tax||3,451
1,864|3,096
1,521| |Other Premises Costs: Water|||86|86| |Other Premises Costs: Kitchen|||1,036|795| |Other Premises Costs: Dovecote|||3,235|3,128| |Other Premises Costs: Dovecote rent|||8,400|8,400| |Other Premises Costs: Heath|&|safety|193|| |Other Premises Costs: Building||hire &||| |professional fees
Upkeep of Church: heat & light
Upkeep of church: insurance
Upkeep of church: Repairs
& maintenance
Carried forward|||4,507
3,144
2,245
2,806
205,660|6,021
3,930
2,185
2,105
208,623| ## ## |Detailed Statem|ent ofF|inancial A|ctivities
for the Year Ended 31 Au|ust 2020|| |---|---|---|---|---|---| |||||31.8.20|31.8.19| |Raising donations
and||legacies|||| |Brought forward||||205,660|208,623| |Outreach: The Ark||||200|609| |Fabric: Named Projects||||1,476|1,452| |Fabric: Arnolds|Mead|||23|636| |Fabric:The Tynings||||1,137|710| |Fabric: General||||162|190| |Other Premises|Costs: Long Close||Ave rent|8,400|8,400| |Other Premises|Costs: Long Close||Avenue||| |CTax/water||||1,941|1,842| |Admin
Rudloe||||84|23| |Desig &Restr Teaching||&Training|Funds|130|195| |Fabric: The Hut||||13|275| |AIM||||2,500|4,500| |Desig &Restr -
ICT|Admin Funds|||99|10
407| |BMS||||1,325|1,250| |Desig &Restr -|Mission:|Mission Costs||9,587|16,106| |The Bible Society||||2,500|2,500| |Open Doors||||2,500|2,500| |Teaching: Junior Church||||270|30| |Teaching: Youth||||157|132| |Teaching:
Ministry
Training||||521|642| |Depreciation
on|music equipment|||1,059|936| |Depreciation
on|fixtures|and fittings||5,397|5,723| |Depreciation
on|motor vehicles|||570|759| |Depreciation
on|office equipment|||265|1,028| |Bank charges||||90|93| |||||246,066|259,571| |Other|||||| |Loss on sale of|tangible|fixed assets||512|| |Support costs|||||| |Governance costs|||||| |Accountancy
and legal||fees||4,159|3,616| |Total resources|expended|||250,737|263,187| |Net income/(expenditure)||||45,492|(2,603)|