| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| ZO21 | ZU21 | ZOZ1 | ZOZO | ZUZU | ZUZO | |||
| Notes | ||||||||
| income from: | ||||||||
| Donations and |
legacies | 232,746 | 18,590 | 251,336 | 235,990 | 339 | 236,329 | |
| Charitable activities |
57,783 | 2,331 | 60,114 | 40,105 | 11,185 | 51,290 | ||
| Investments | 135 | 135 | 248 | 248 | ||||
| Total income | 290,664 | 20,921 | 311,585 | 276,343 | 11,524 | 287,867 | ||
| Ex enditure on: | ||||||||
| Charitable activities |
296,305 | 10,926 | 307,231 | 260,699 | 5,959 | 266,658 | ||
| Net (outgoing)/incoming | ||||||||
| resources before transfers | (5,641) | 9,995 | 4,354 | 15,644 | 5,565 | 21,209 | ||
| Gross transfers | between | |||||||
| funds | (2,340) | 2,340 | ||||||
| Net (expenditurej/income | forthe | |||||||
| year/ | ||||||||
| Net movement | in funds | (7,981) | 12,335 | 4,354 | 15,644 | 5,565 | 21,209 | |
| Fund balances | at 1January | 2021 | ||||||
| As originally reported |
(136,263) | 8,144 | 7J,881 | 248,093 | 2,579 | 250,672 | ||
| Prior year adjustment | 200,000 | 200,000 | ||||||
| As restated | 63,737 | 8,144 | 271,881 | 248,093 | 2,579 | 250,672 | ||
| Fund balances | at31December | |||||||
| 2021 | 255.,756 | 20,479 | 276,235 | 263,737 | 8,144 | 271,881 |
| 2020 | ||||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Fixed assets | ||||||
| Tangible assets | 200,000 | 200,000 | ||||
| Current assets | ||||||
| Debtors | 12 | 2,000 | 2,000 | |||
| Cash at bank and in | hand | 134373 | 133,293 | |||
| 136373 | 135,293 | |||||
| Creditors: amounts | falling due within one | |||||
| year | 14 | (4,836) | (4,775) | |||
| Net current assets | 131,537 | 130,518 | ||||
| Total assets less current liabilities | 331,537 | 330,518 | ||||
| Creditors: amounts | falling due after more | |||||
| than one year | 15 | (55,302) | (58,637) | |||
| Net assets | 276,235 | 271,881 | ||||
| Income funds | ||||||
| Restricted funds | 20,479 | 8,144 | ||||
| Unrestricted funds |
255,756 | 263,737 | ||||
| 276235 | 271,881 |
| 1 | Accounting policies |
(Continued) |
|---|---|---|
| 1.% | Fxpenditure | |
| Expenditure is recognised once there is alegal orconstructive obligation to transfer economic benefit to athird party, it is |
||
| probable that a transfer of economic benefits |
will be required in settlement, and the amount ofthe obligation can be |
|
| measured reliably. |
||
| Expenditure is classified by activity. The costs including support costs involved inund~g |
ofeach activity are made up ofthe total ofdirect costs and shared costs, each activity. Direct costs attributable to a single activity are allocated |
|
| directly to that activity. Shared costs which |
contribute to more than one activity and support costs which are not |
|
| attributable to a single activity are apportioned |
between those activities on a basis consistent with the use ofresources. |
|
| Central staff costs are allocated on the basis oftime spent, and depreciation charges are allocated on the portion ofthe |
||
| asset's use. | ||
| 1.6 | Tangible fixed assets | |
| Tangible fixed assets are initially measured at |
cost and subsequently measured at cost or valuation, net ofdepreciation |
|
| and any impairment losses. |
||
| Depreciation isrecognised so as to write offthe |
cost orvaluation ofassets less their residual values over their useful lives |
|
| on the following bases: | ||
| Freehold land and buildings | None provided - see notes below | |
| The gain or loss arising on the disposal ofan |
asset is determined as the difference between the sale proceeds and the |
|
| carrying value ofthe asset, and is recognised in |
the statement offinancial activities. | |
| The company has adopted a policy ofupgrading and developing its freehold, thus maintaining a value in excess to the |
||
| original costofthe freehold properties. Therefore, no depreciation is provided in respect offreehold property. |
||
| 1.7 | Impairment offixed assets |
|
| At each reporting end date, the charity reviews |
the carrying amounts ofits tangible assets to determine whether there is |
|
| any indication that those assets have suffered an impairment loss.Ifany such indication exists, the recoverable amount of |
||
| the asset is estimated in order to determine the extent ofthe impairment loss (ifany). |
||
| 1.8 | Cash and cash equivalents | |
| Cash and cash equivalents include cash in hand, |
deposits held at call with banks, other short-term liquid investments with |
|
| original maturities ofthree months or less, and | bank overdrafls. Bank overdrafis are shown within borrowings in current |
|
| liabilities. | ||
| 1.9 | Financial instruments | |
| The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other |
||
| Financial Instruments Issues' ofFRS 102to all |
ofits financial instruments. |
|
| Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual |
||
| provisions ofthe instrument | ||
| Financial assets and liabilities are offset, with |
the net amounts presented in the financial statements, when there is a |
|
| legally enforceable right to setoffthe recognised amounts and there is an intention to settle on anet basis orto realise the |
||
| asset and settle the liability simultaneously. |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||
| Donations | and | gifts | 226,955 | 16,620 | 243,575 | 227,821 | 339 | 228,160 |
| Grants | 4,674 | 4,674 | 6,947 | 6,947 | ||||
| Subscriptions | 1,117 | 1,970 | 3,087 | 1,222 | 1,222 | |||
| 232,746 | 18,590 | 251,336 | 235,990 | 339 | 236,329 |
| Charitable | Charitable | |||
|---|---|---|---|---|
| Income | Income | |||
| Heading 1 | ||||
| 2021 | 2020 | |||
| K | ||||
| Coffee shop | 43,375 | 29,785 | ||
| Hall hire | 13,536 | 10,320 | ||
| Training | fund | 3,203 | 11,185 | |
| 60,114 | 5],290 | |||
| Analysis | by | fund | ||
| Unrestricted | funds | 57,783 | 40,105 | |
| Restricted | funds | 2,331 | 11,185 | |
| 60,114 | 51,290 |
| 5 | Investments | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2021 | 2020 | ||
| Interest receivable | 135 | 248 |
| Charitable | Charitable | |||
|---|---|---|---|---|
| Expenditure | Expenditure | |||
| 2021 | 2020 | |||
| Staffcosts | 125,850 | 120,303 | ||
| Coffee shop | purchases | 44,553 | 39,447 | |
| Make lunch | 593 | 961 | ||
| General expenses | 39,650 | 21,093 | ||
| Travel and subsistance | 2,390 | 2,325 | ||
| Repairs and renewals | 4,327 | 6,469 | ||
| Subscriptions | and licences | 11,096 | 940 | |
| Training | 5,378 | 3,045 | ||
| Hall hire | 582 | 754 | ||
| Miracle house | expenditure | 59,924 | 62,351 | |
| Light and heat | 1,831 | 1,501 | ||
| Telephone | 661 | 524 | ||
| Postage ands | stationary | 805 | 1,519 | |
| Advertising | 4,618 | 194 | ||
| Bank charges | 533 | 865 | ||
| Mortgage interest | 2,927 | 2,927 | ||
| Accountancy, | legal fees and sundry | 1,513 | 1,440 | |
| 307,231 | 266,658 | |||
| 307,231 | 266,658 | |||
| Analysis by | fund | |||
| Unrestricted | funds | 296,305 | 260,699 | |
| Restricted funds | 10,926 | 5,959 | ||
| 307,231 | 266,658 |
| 8 | Employees | ||||||
|---|---|---|---|---|---|---|---|
| The average monthly | number ofemployees | during the | year was: | ||||
| 2021 | 2020 | ||||||
| Number | Number | ||||||
| Employment costs |
2021 | 2020 | |||||
| Wages and salaries | 125,850 | 120,303 | |||||
| There were no employees | whose annual remuneration | was more than f60,000. |
| t | etmovement | ranfer | |||||
|---|---|---|---|---|---|---|---|
| 1/01/2021 | n funds | etween | 1/12/2021 | ||||
| u11ds | |||||||
| nrestricted | funds | ||||||
| General fund | 55,951 | 0,758 | 2,340 | 14,369 | |||
| iraele house | 396,321) | 68,619) | 464,940) | ||||
| undraising | designated | 32 | 32 | ||||
| ittle sparks | ,475 | ,220 | 5,695 | ||||
| 63,737 | 5,641) | 2,340) | 55,756 | ||||
| estricted funds | |||||||
| elp fund | 01 | 474) | 554) | 127) | |||
| harity box | 09 | 09 | |||||
| end Essex | training | ,624 | ,253 | 6,579) | ,298 | ||
| acobs hidden | prayer | 10 | 10) | ||||
| ake lunch | 1,377 | 529 | 1,906 | ||||
| School pastors | 1,568 | ,232 | ,800 | ||||
| ssex shall be | saved | 5,046 | ,911 | 8,957 | |||
| ransforming | Essex | 35 | ,801 | ,036 | |||
| 8,144 | ,995 | ,340 | 0,479 | ||||
| 71,881 | ,354 | 76,235 | |||||
| ncoming | esources | ovement | i | ||||
| esources | xpended | nels | |||||
| nrestricted | funds | ||||||
| eneral fund | 86,670 | 225,912) | 0,758 | ||||
| racle house | 07 | 69,526) | 68,619) | ||||
| ittle sparks | ,087 | 867) | ,220 | ||||
| 90,664 | 296,305) | 5,641) | |||||
| estricted funds | |||||||
| elp fund | 474) | 474) | |||||
| arity box | 25 | ||||||
| scend Essex | trainin | 331 | 78) | ,253 | |||
| acobs hidden | rayer | 10 | 10) | ||||
| ake lunch | 1,970 | 593) | 1,377 | ||||
| School pastors | ,395 | 827) | 1,568 | ||||
| ssex shall be | saved | 10,586 | 5,540) | 5,046 | |||
| ransforming | Essex | ,614 | 3,379) | 35 | |||
| 0,921 | 10,926) | ,995 | |||||
| 19,947 | 315,593) | ,354 |
| Debtors | |||
|---|---|---|---|
| 2021 | 2020 | ||
| Amounts | falling due within one year: | ||
| Other debtors | 2,000 | 2,000 |
| Loans and overdrafts | ||
|---|---|---|
| 2021 | 2020 | |
| Bank loans | 58,637 | 61,972 |
| Payable within one year | 3,335 | 3,335 |
| Payable after one year | 55,302 | 58,637 |
| 14 | Creditors amounts |
falling due within one year | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Notes | |||||
| Bank loans | 13 | 3,335 | 3,335 | ||
| Accruals and deferred | income | 1,501 | 1,440 | ||
| 4,836 | 4,775 | ||||
| 15 | Creditors: amounts | falling due after more than one year | |||
| 2021 | 2020 | ||||
| Notes | |||||
| Bank loans | 13 | 55,302 | 58,637 |
| 17 | Analysis afnet assets between funds | Analysis afnet assets between funds | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| funds | funds | funds | funds | ||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||
| Fund balances at 31 | |||||||
| December 2021 are | |||||||
| represented by: |
|||||||
| Tangible assets | 200,000 | 200,000 | 200,000 | 200,000 | |||
| Current assets/(liabilities) | 131,537 | 131,537 | 130,518 | 130,518 | |||
| Long term liabilities | (55,302) | (55,302) | (58,637) | (58,637) | |||
| 276,235 | 276,235 | 271,881 | 271,881 |