2022-01-25-accounts - Shekinah Shur Ministries

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				Restricted
			Unrestricted	income		Prior year
			funds	funds	Total funds	funds
			f	E	E	E
Income (Note 2)
Income and endowments	from:
Donations and legacies			73,598		73,598	69,395
Investments			287		287	14
Total			73,885		73,885	69,409
Expenditure (Note 5)
Expenditure on:
Raising funds						12,871
Charitable activities			38,183		38,183	27,453
Governance costs			19,729		19,729	11,233
Total			57,912		57,912	51,557
Net income/(expenditure)		before
tax forthe reporting period			15,973		15,973	17,852
Tax payable
Net income/(expenditure)		after tax
before investment gains/(losses)			15,973		15,973	17,852
Net gains/(losses) on investments
Net income/(expenditure)			15,973		15,973	17,852
Transfers between funds			6,328	(6,328)
Other recognised gains/(losses):
Gains and losses on revaluation		offixed
assets for the charity's own	use
Other gains/(losses)
Net movement in funds			22,301	(6,328)	15,973	17,852
Reconciliation offunds:
Total funds brought forward			70,046	6,328	76,374	58,522
Total funds carried forward			92,347		92,347	76,374

as at 31 January 2	022
				Restricted
			Unrestricted	income	Total this	Total last
		Notes	funds	fundsf	yearf	yearf
Fixed assets
Tangible assets		10	239,972		239,972	237,280
Current assets
Debtors		11	983		983	932
Cash at bank and in	hand	15	31,432		31,432	19552
Total current assets			32,415		32,415	20,484
Creditors: amounts	falling due
within one year		12	(5,885)		(5,885)	(9,138)
Net current assets			26,530		26,530	11,346
Total assets less current
liabilities			266,502		266,502	248,626
Creditors: amounts	falling due
after more than one	year	13	(174,155)		(174,155)	(172,252)
Total net assets/(liabilities)			92,347		92,347	76,374
Funds ofthe Charity
Restricted income funds		16				6,328
Unrestricted funds		16			92,347	70,046
Total funds					92,347	76,374

Analysis of receipts ofgovernment	Analysis of receipts ofgovernment	grants
			Restricted
		Unrestricted	income		Prior year
		fundsf	fundsf	Total fundsf	fundsf
Nottinghamshire	County Council				7,050
					7,050
Donated goods,	facilities and services
			Restricted
		Unrestricted	income		Prior year
		funds	fundsf	Total fundsf	fundsf
Capital equipment		3,567		3,567
		3,567		3,567

Expenditure on charitable a	ctiviti	es
			Restricted
		Unrestricted	income		Prior year
		funds	funds	Total funds	funds
		6	6	6
Direct spending
Subcontractor costs		4,950		4,950	2,233
Travel and subsistence		1,515		1,515	6,630
Outside activity providers		1,031		1,031
Hampers and gift boxes		725		725	354
		8,221		8,221	9,217
Grant making costs
Grants made to individuals					2,628
					2,628
Supportcosts
Premises expenses
Rent		2,200		2,200	2,509
Rates and water		552		552	50
Light, heat and power		2,524		2,524	1,058
Premises repairs, renewals	and
maintenance		831		831	1,896
Administrative overheads
Telephone, fax and internet		713		713	543
Stationery and printing		215		215	97
Equipment expenses					1,137
Software licences and expenses		1,211		1211	996
Advertising and marketing		1,968		1,968	1,269
Liability and contents insurance		2,201		2,201	1,826
Sundry expenses		19		19
Professional fees
Accountancy		1,349		1,349	838
Legal fees					(5,729)
Other legal and professional		191		191	553
Financial costs
Bank charges		427		427	410
Loan interest		13,257		13,257	13,493
Depreciation 8 amortisation		2,304		2,304	2,058
Support costs before reallocation		29,962		29,962	23,004
Less support costs reallocated	to
costs of raising funds					(7,396)
		29,962		29,962	15,608

7	Fees for examination	ofthe accounts	ofthe accounts	2022f	2021
	Independent examiner's	fees		1,349	838
8	Staffcosts			2022f	2021
	Staff costs (including	trustee remuneration)
	Salaries and wages			18,794	10,800
	Pension costs (defined	contribution	scheme)	935	433
	Total staff costs			19,729	11,233

	period o	f more than f6	0,000.
								2022	2021
								Number	Number
	Average	number ofpersons employed			by	the company
	Charitable activities
	The details of remuneration paid to			trustees		is shown	in note 17.
9	Defined	contribution	pension scheme					2022	2021
								8	6
	Amount	ofcontributions	recognised	in the	SOFA as an expense			935	433

11	Debtors		2022	2021
			E	E
	Vrepayments and accrued income		983	932
12	Creditors: amounts	failing due within one year	2022f	2021 E
	Bank loans and overdrafts		2,113	6,000
	Taxation and social security costs		213	62
	Accruals and deferred	income	3,130	2,420
	Other creditors		429	656
			5,885	9,138
13	Creditors: amounts	falling due after one year	2022 E	2021f
	Bank loans		174,155	172,252

for	the year ended 3	1	January 20	22
14	Loans									2022	2021
										F	8
	Creditors include:
	Instalments falling due for payment			after more than		five years				164,013	166,839
										164,013	166,839
	Secured bank loans									176,268	178,252
	A loan from Kingdom		Bank totalling f180,000 was			taken out	to purchase			the Church	building. The
	building is being used		security for the mortage. The amount				borrowed		is	over a 30year period and
	the current interest	rate is 7.5%.The interest			rate is subject		to change		by the bank.		At the balance
	sheet date, the amount secured is estimated				to be;
										176,268	178,252
15	Cash at bank and	in	hand							2022	2021
										6	6
	Cash at bank and on hand									31,432	19,552
										31,432	19,552
16	Charity funds
						Restricted		Unrestricted
										Revenue
						Project	5000 6			fundsf	Total funds 6
	Current year
	At 1 February 2021					6,328				70,046	76,374
	Income									73,885	73,885
	Expenditure									(57,912)	(57,912)
	Transfers					(6,328)				6,328
	At 31 January 2022									92,347	92,347
	Previous year
	At 1 February 2020						(57)			58,579	58,522
	Income Expenditure					11,899 57,510 (5.514) ~45.543)					69,409 (51,557)
	At 31 January 2021					6,328				70,046	76,374