2021-01-25-accounts - Shekinah Shur Ministries

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Charity information
Trustees' Annual Report
Independent Examiner's	Report
Funds Statements:-
Statement of Financial Activities		10
Movements in funds		13
Income and Expenditure	account	14
Balance sheet		15
Notes to the accounts		17

more fully detailed	in the accounts,	can be summaris	ed as follows:-
			2021	2020
Net income			17,852	28,652
Unrestricted Revenue Funds available general purposes ofthe charity		for the	70,046	58,579
Restricted Revenue	Funds		6,328	(57)
Total Funds			76,374	58,522

			SORP	Current year	Current year	Current year	Prior Year
			Ref	Unrestricted	Restricted	Total Funds	Total Funds
				Funds	Funds
				2021	2021	2021	2020
				K	K	K	2
Income & Endowments		from:
Donations & Legacies			Al	57,496	11,899	69,395	73,158
Investments			A4	14		14	54
Total income				57,510	11,899	69,409	73212
Expenditure on:
Raismg funds			Bl	7,357	5,514	12,871	25,456
Charitable activities			B2	38,685		38,686	19,094
Total expenditure			B	46,043	5,514	51,557	44,660
Net income for the year				11,467	6,385	17,852	28,652
Net income after transfers			A-B-C	11,467	6,385	17,862	28,652
Net movement in funds				11,467	6,385	17,852	28,652
Reconciliation offunds:-			E
Total funds brought	fonvard			58,579	(57)	58,622	29,870
Total funds carried forward				70,046	6,328	76,374	58,522

Shekinah Shur ofthe SORP	Min	istries	- Ana	lysis of prior	year total funds, a	s required by
				Prior Year	Prior Year	Prior Year
			8ORP Ref	Unrestricted	Restricted	Total Funds
				Funds	Funds
				2020	2020	2020
				f	5	5
Income & Endowments		from:
Donations & Legacies			Al	69,568	3,590	73,158
Investments			A4	54		54
Total income				69,622	3,590	73,212
Expenditure on:
Raising funds			81	25,466		25,466
Charitable activities			82	22,629	(3,535)	19,094
Total expenditure				48,095	(3,535)	44,560
Net income for the	year			21,527	7,125	28,652
Transfers between	funds
Net income after transfers				21,527	7,125	28,652
Net movement in funds				21,527	7,125	28,652
Reconciliation offunds:-			E
Total funds brought	forward			29,982	(112)	29,870
Total funds carried	forward			51,509	7,013	58,522

fixed assets	f	or Charity	use:-
					2021	2020
					f	6
Funds generated		in the year as	detailed in the SOFA		17,852	28,652
Resources applied		on functional	fixed assets		(10,626)
Net resources	available to		fund charitable	activities	7,226	28,652

						Unreslricted	Restricted	Total	Last year
						Funds	Funds	Funds	Total Funds
						2021	2021	2021	2020
						E	E	E	E
Accumulated	funds		brought		forward	58,579	(57)	58,522	29,870
Recognised	gains		and	losses before		11,467	6,385	17,852	28,652
transfers
						70,046	6,328	76,374	58,522
Closing revenue		funds				70,046	6,328	76,374	68,522
Summary	of funds					Unrestricted	Restricted	Total	Last Year
						and	Funds	Funds	Total Funds
						Designated funds
						2021	2021	2021	2020
						E	E	E	E
Revenue accumulated				funds		70,046	6,328	76,374	58,522

Companies Act 20	06
						2021	2020
						6	6
Income
Income from operations						59,439	63,202
Refunds from HMRC on	gift aided donations					9,956	9,956
Investment income and	interest
Interest receivable						14	54
Gross income in the year before		exceptional		items		69,409	73,212
Gross income in the year including			exceptional		items	69,409	73,212
Expenditure
Charitable expenditure,	excluding	depreoation		and	amortisation	11,902	6,590
Depreciation and amortisation						2,058	1,237
Fundraising costs						12,871	25,466
Governance costs						11,233	11,267
Interest payable						13,493
Total expenditure in	the year					51,557	44,560
Net income before tax	in the financial year					17,852	28,652
Tax on surplus on ordinary activities
Net income after tsx in the financial			year			17,852	28,652
Retained surplus for	the financial		year			17,852	28,662
All activities derive from continuing			operations

						SORP
					Note	Ref	2021		2020
							8		F
Fixed assets
Tangible assets							237,280		228,712
Current assets						B
Debtors					13	B2	932	990
Cash at bank	and	in		hand		84	19,552	9,938
Total current	assets						20,484	10,928
Creditors: amounts				falling due within
one year					14	C1	(9138)	(7,118)
Net current assets							11,346		3,810
							248,626		232,522
Net assets
Creditors: amounts			falling due after more
than one year					15	C2	(172,252)		(174,000)
The total net	assets			ofthe charity			76,374		58,522
The total net	assets			ofthe charity are funded		by the funds ofthe charity, as follows:-
Restricted funds
Restricted Revenue			Funds		21	D2	6,328	(57)
							6,328		(57)
Unrestricted	Funds
Unrestricted Revenue				Funds	21	D3	70,046	58,579
							70,046		58,579
Designated Funds
Total charity	funds						76,374		58,522

Direct costs that are specifically related to an activity are	allocated to that activity. Shared	allocated to that activity. Shared	direct costs and support costs	direct costs and support costs	direct costs and support costs	direct costs and support costs
are appoAioned between acbvibes.
The basis for apportionment, which is consisiently applied, and proportionate to the circumstances, is:-
Staffing - on the basis oftime spent in connection with any paAicular activity.
Staffing - on a per capita basis, based on the number of ofpeople employed within		any partiular		activiiy.
Premises related costs - on the proportion offloor area	occupied by a particular activily.
ffon specific support costs - on the basis ofthe usage	ofresources, in terms oftime taken, capaciiy
used, request made or other measures
Estimation techniques used in apportioning costs -give details
Policies relating fo assets, liabilities and provisions and other matters.
Tangible fixed assets
Tangible fixed assets are measured at their original cost	value, or subsequent revaluation,		or ifdonated, as described
above. Cost value includes all costs expended in bringing	the asset into its intended	ixorking condition.
Depreciation has been provided al the following rates in	order to write off the assets	to their anticipated residual			value	over
their estimated useful lives.
Freehold premises	5 %straight line
Fixtures & Fittings	25 % reducing balance
Creditors and provisions
Creditors are measured at iheir recoverable amounts at	the balance sheet date.
Cash and bank balances
Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether						in
credit or overdrawn, are shown at the amounts property	reconciled to the bank statements.
Pensions -defined contribution schemes
The charity operates a defined contribution pension scheme. Contributions are charged			to the profit and loss account			as
they become payable in accordance with the rules ofthe	scheme.
Fund Accounting
Unrestricted funds are available for u'se at the discretion	ofthe trustees in furtherance	of	the general objectives ofthe
charity.
Restdcted funds are funds received from donors which are subject to restnctions on		the purposes		for which they
msy be used.
There are no endowment funds

5	Net sur	plus	before tax in the financ	ial year
					2021	2020
					6	r.
	The nei	surplus	before tax in ihe finanual	year is staled after charging-
	Depreciation of		owned fixed assets		2,058	1,237
	Trustees'	remuneration			10,800	10,800
6	Interest	payable			2021	2020
	Loan interest				13,493

	Salary costs			2021 f	2020f
	Gross Salaries exduding	trustees and key management personnel		2,233	2,204
	Trustees' Remuneration	as detailed in note 10		10,800	10,800
	Other benefits paid to trustees, as detailed in note 10			433	467
	Total salaries, wages and related costs			13,466	13,471
	Numbers offull time employees or full time equivalenfs			2021	2020
	The average number of	total staff employed in the year was
	The average number of	full time staff employed in the year wes
	The estimated full time equivalent number of all staff employed		in the year was
	The estimated equivalent number offull time staff deployed		in different activities in ihe year wash
	Engaged on management	and administration
	The estimated full lime	equivalent number ofag siaff employed as above
	The details oi remuneration paid to trustees is shown in note 10
	No employees received	emoluments (excluding pension costs)	in excess off60,000 per annum
9	Defined contribution	pension schemes
	Any liabihles and assets	associated with the scheme are shown	under debtors	and creditors.
10	Remuneration and payments to Trustees and persons		connected	with them
				2021	2020
	Remuneration payable	to trustees orconnected persons
	Mrs SStewart			10,800	10,800
	Total remuneration			10,800	10,800

Current Year		Land and Buildings	Fixture and Fittings	Motor Vehicles	Total	Total
Cost
At 1 February 2020		225,000	9,151	3,900	238,051	238,051
Additions		5,729	4,897		10,628	10,626
At 31January	2021	230,729	14,048	3,900	248,677	248,677
Depreciation
At 1 February 2020			8,364	975	9,339	9,339
Charge for the year			1,327	731	2,058	2,058
At 31January	2021		9,691	1,706	11,397	11,397
Net book value
At 31January	2021	230,729	4,357	2,194	237,280	237,280
At 31January	2020	226,000	787	2,925	228,712	228,712
Prior Year		Land and Buildings	Fixture and Fittings	Motor Vehicles	Total	Total
		6
Cost
01 February 2019			9,151	3,900	13,051	13,051
Additions		225,000			225,000	225,000
01 February 2020		225,000	9,151	3,900	238,051	238,051
Oepreclation
Net book value
01 February 2020		225,000	9,161	3,900	238,051	238,061
01 February 2019			9,151	3,900	13,051	13,061

13	Debtors
							2021	2020
							5	6
	Prepsyments and accrued income						932	990
14	Creditors: amounts	falling due within one year					2021	2020
							6	6
	Bank loans and overdrafts						6,000	6,000
	Accruals						2,420	768
	PATE, NIC VAT and other taxes						62	21
	Other creditors						656	329
							9,138	7,118
15	Creditors: amounts	falling due after one			year		2021 f	2020 2
	Bank loans and overdrafts						172,252	174,000
16	Assets ofthe charity	charged to		meet Its liabilities			2021	2020
							6	6
	At the Balance Sheet date, the amount			secured	is estimated	to be	174.000	180,000
19	Income and Expenditure		account	summary			2021 6	2020 f
	At 1 February 2020						58,522	29,870
	Surplus after tax for Ihe	year					17,852	28,652
	At 31January 2021						76,374	58,522

At 31January 2021	At 31January 2021	Unrestricted	Designated	Restricted	Tote I	Total
		funds	funds	funds	Fvniis	Funds
		2	2	5	6	2
Tangible	Fixed Assets	237,280			237,280	237,280
Current	Assets	14.156		6,328	20,484	20,484
Current	Liabihties	(9,138)			(9,138)	(9,138)
Long Term Liabilities		(172,252)			(172,252)	(172,252)
		70,046		6,328	76,374	76,374
At 1 February 2020		Unrestricted	Designated	Restricted	Total	Total
		fciiilc	funds	funds	Funds	Funds
		6	5	6	2
Tangible	Fixed Assets	228,712			228,712	228,712
Current	Assets	10,985		(57)	10,928	10,928
Current	Liabilities	(7,118)			(7,118)	(7,118)
Long Term Liabilities		(174,000)			(174,000)	(174,000)
		58,579		(57)	68,522	58,522

Change i	n	total f	un	ds ove	r the	year as show	n in Note 20, analyse	d by individu	d by individu	al funds	al funds
							Funds brought	Movement in		Transfers		Funds carried	Funds carried
							forward from	funds	in 2021	between		forward to	forward to
							2020			funds	in 2021	2022	2022
								see Note 22		see Note 0
							f		f		f	f	2
Unrestricted		snd designated			funds:-
Unrestricted		Revenue		Funds			58,579		11,467			70,046	70,046
Total unrestricted			and designated			funds	68,6?9		11,467			70,046	70,046
Resrricfed	funds:-
Restricted	Fund						(57)		6,385			6,328	6,328
Total restricted funds							(57)		6,385			6,328	6,328
Total charity		funds					58,522		17,852			76,374	76,374

						Other
				income	Expenditure	Gains 8	Movement	Movement
						Losses	in funds	In funds
				2021	2021	2021	2021	2021
				f	f	f	E	f
Unrestricied		and designafed	funds:-
Unrestricted		Revenue Funds		57,510	(46,043)		11,467	11,487
Restricted	fender
Restricted	Fund			11,899	(5,514)		6,385	6,385
				69,409	(51,557)		17,852	17,852

Donations,	Grants and	Grants and	Legacies
				Current year	Current year	Current year	Prior Year
				Unrestricted	Restricted	Total Funds	Total Funds
				F uncle	Funds
				2021	2021	2021	2020
Donations and		gifts from	individuals
Small donations		individually	less than 21000	47,540	4,849	52,389	63,202
Refunds from	HMRC on gift aided donations			9,956		9,956	9,956
Total donations individuals		and gifts	from	57,496	4,849	62,345	73,158

			Prior Year	Prior Year	Prior Year
			Unrestricted	Restricted	Total Funds
			Funds	Funds
			2020	2020	2020
Prior year			69,568	3,590	73,158
			Current year	Current year	Current year	Prior Year
			Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds
			2021	2021	2021	2020
Revenue grants	from government	and
public bodies
Notlinghamshire	county council			7,050	7,050
Total public sector revenue grants				7,050	7,050

	Total Donations,	Total Donations,	Total Donations,	Total Donations,	Grants and	Grants and	Legacies
	Total Donations, Legacies			Grants and				57,496	11,899	69,395	73,158
	All the donations		and		gifts	in the prior	year were unrestricted.
								Unrestricted	Restricted	Pdiur Year
	Prior year							Funds	Funds	TutalFuuds
								2020	2020	2020
								F.	E
	Total Donations, Leoacies			Grants and				69,568	3,590	73,158
26	Investment	income
								Current year	Current year	Current year	Prior Year
								Unrestricted	Restricted	Total Funds	Total Funds
								Funds	Funds
								2021	2021	2021	2020
	Bank Interest	Receivable						14		14	54
	Total investment			income			A4	14		14	54

Expenditure	on charitable	on charitable	activities	- Direct spending
				current year	current year	Current year	Prior Year
				Unrestricted	Restricted	Total Funds	Total Funds
Current Year				Funds	Funds
				2021	2021	2021	2020
Gross wages activities	and salaries		—charitable	2,233		2,233	2,204
Travel and Subsistence Activities		- Charitable		6,984		6,984	3,548
Total direct spending			S2a	9,217		9,217	5,752

				Current year	Current year	current year	Prior Year
				Unrestricted	Restricted	Total Funds	Total Funds
Current	Year			Funds	Funds
				2021	2021	2021	2020
				f.	E	E	E
Grants	made to	individuals		2,628		2,628	4,200
Total grantmaking		costs	B2c	2,628		2,628	4,200

Support costs for charitable	Support costs for charitable	activities	activities	activities
						Current year	Current year		Current year	Prior Year
						Unrestricted	Restricted		Total Funds	Total Funds
Current Year						Funds		Funds
						2021		2021	2021	2020
						E		E	E	E
Premises Expenses
Rent payable under operating		leases				2,509			2,509	4,591
Rates and water charges						50			50
Light heat and power						1,295			1,295	400
Premises repairs, renewals maintenance	and					1,896			1,896	60
Administrative overheads
Telephone, fax and internet						306			306	36
Stationery and printing						462			462	1,691
Equipment expenses						1,137			1,137
Software licences and expenses						316			316	187
Advertising and marketing						1,584			1,584	1,039
Liabilty and contents insurance						1,826			1,826	563
Professional fees paid to advisors				other than the auditor or examiner
Accountancy fees other than examination or audit fees						838			838	1,218
Legal fees						(5,729)			(5,729)	5,329
Other legal and professional						553			553
Financial costs
Bank charges						410			410	409
Loan interest						13,493			13,493
Depreciation &Amortisation	in	total for				2,058			2,058	1,237
Support costs before reallocation						23,004			23,004	16,760
Less support costs reallocated			to	specific activities
To costs of raising funds						(7,396)			(7,396)	(18,885)
Total support costs - Current		Year				15,608			15,608	(2,125)
The basis ofallocation ofcosts	between			activities	is described	under accounting		policies		(18,885)
						Current year	current year		Prior Year
					Unrestricted		Restricted
Prior Year						Funds		Funds	Total Funds
						2021		2021	2020
Less support costs reallocated			to
To costs of raising funds						(15,350)		(3,535)	(18,885)
Total support costs - Prior	Year					1,410		(3,535)	(2,125)

			current year	Current year	Current year	Prior Year
			Unrestricted	Restricted	Total Funds	Total Funds
Current	Year		Funds	Full de
			2021	2021	2021	2020
Trustees'	remuneration		10,800		10,800	10,800
Trustees costs	Defined contribution	pension	433		433	467
Total Governance costs			11,233		11,233	11,267

Total Charitable	expenditure
			Current year	Current year	Current year	Prior Year
			Unrestricted	Restricted	Total Funds	Total Funds
Current Year			Funds	Funds
			2021	2021	2021	2020
				6	0	6
Total direct spending		B2a	9,217		9,217	5,752
Total grantmaking	costs	B2c	2,628		2,628	4,200
Total support costs		B2d	15,608		15,608	(2,125)
Total Governance	costs	B2e	11,233		11,233	11,267
Total charitable expenditure		B2	38,686		36,666	19,094
			Pnorvear	Prior Year	Prior Year
			unrestricted	Restricted	Total Funds
Prior Year			Funds	Funds
			2020	2020	2020
Total direct spending		B2a	5,752		5,752
Total grantmaking	costs	B2c	4,200		4,200
Total support costs		B2(I	1,410	(3,535)	(2,125)
Total Governance	costs	B2e	11,267		11,267
Total charitable expenditure		B2	22,629	(3535)	19094

Expenditure o	n r	aising funds	and costs of i	nvestment manageme	nt
				Current year	Current year	current year	Prior Year
				Unrestricted	Restricted	TotalFunda	Total Funds
Current Year				Funds	Funds
				202t	2021	2021	2020
				2	f	2	2
Cost offundraising		activities		(39)	5,514	5,475	6,581
Reallocated from	support costs			7,396		7,396	18,885
Total fundraising	costs		B1	7,357	5,514	12,871	25,466