| CONTENTS: | PAGE: | |
|---|---|---|
| Trustees' Report |
1-9 | |
| Independent Examiner's |
Report | 10. |
| Statement of Financial Activities | ||
| Balance Sheet | ||
| Notes to the Accounts | 13-18 |
| Unresuictad | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | 2021 | 2020 | |||
| E | ||||||
| INCOME and endowments | from | |||||
| Donations (Note 2) |
128,222 | 128,222 | 146,099 | |||
| Other income Investment income |
936 817 |
936 817 |
1,161 950 |
|||
| Total income and endowments | E129,975 | E129,975 | E148,210 | |||
| EXPENDITURE ON: | ||||||
| Direct church activities | ||||||
| Staff costs (Hole 4) | 84,917 | 84,817 | 83,468 | |||
| Ministry, fellowship and |
outreach | 10,765 | 10,765 | 15,602 | ||
| Leadership and training Other operating expenses |
566 19,045 |
566 19,045 |
2,013 26,692 |
|||
| Donations | 18,150 | 18,150 | 16,425 | |||
| Total expenditure | E133,443 | E133,443 | E145,361 | |||
| NET INCOME/(LOSS) FORTHE YEAR Reconciliation offunds: |
(3,468) | (3,468) | 2,849 | |||
| Balance brought forward |
at 1st April 2020 | 95,422 | 95,422 | 92,573 | ||
| Balance carried forward at | 31stMarch 2021 | E91,954 | 691,954 | E95,422 |
| 2. | Donations | Income | 2021 I |
2020 E |
|---|---|---|---|---|
| Gilt aid donations Other donations Income tax |
94,194 10,736 23,292 |
100,040 19,798 26,259 |
||
| E128,222 | E146,099 | |||
| Net incoming resources | 2021 | 2020 | ||
| E | E | |||
| This is stated | after charging: | |||
| Depreciation | of tangible fixed assets | |||
| Independent | examiner costs | |||
| - Independent -Other |
examination | 1,303 | 1,002 | |
| Staff costs | 84,917 | 83,468 |
| During the year Nick Sutton received a salary and expenses for his senrices as senior pastor of E32,052 (2020: E31,744). No other Trustee received any remuneration during the year. |
During the year Nick Sutton received a salary and expenses for his senrices as senior pastor of E32,052 (2020: E31,744). No other Trustee received any remuneration during the year. |
During the year Nick Sutton received a salary and expenses for his senrices as senior pastor of E32,052 (2020: E31,744). No other Trustee received any remuneration during the year. |
During the year Nick Sutton received a salary and expenses for his senrices as senior pastor of E32,052 (2020: E31,744). No other Trustee received any remuneration during the year. |
During the year Nick Sutton received a salary and expenses for his senrices as senior pastor of E32,052 (2020: E31,744). No other Trustee received any remuneration during the year. |
|---|---|---|---|---|
| Staff costs | 2021 E |
2020I | ||
| Staff costs were as follows: | ||||
| Wages and salaries National insurance Pension costs Payroll processing |
77,483 1,027 5,465 842 |
75,709 1,746 5,220 793 |
||
| HR Consultancy | 100 | |||
| E84,917 | E83,468 | |||
| The average monthly |
number ofemployees | during the | year was |
| 5. | Tangible fixed assets | Tangible fixed assets | Leasehold | Leasehold | Furniture | and | Motor | |
|---|---|---|---|---|---|---|---|---|
| Improvements E |
Equipment E |
Vehicles | Total | |||||
| Cost | ||||||||
| At 1stApril 2020 Addio ons Dispose ls At 31sMarch 2021 |
f15,334 (E15,334) |
E9,542 E5,803 (E5,000) 10,345 |
f4,740 (f4,740) |
E29,616 E5,803 (E25,074) E10,345 |
||||
| Depreciation | ||||||||
| At 1st April 2020 Charge for the year |
15,334 | 9,542 | 4,740 | 29,616 | ||||
| Eliminated on Disposal |
(E15,334) | (E5,000) | (E4,740) | (E25,074) | ||||
| At31stMarch 2021 | f4,542 | f4,542 | ||||||
| Net book value | ||||||||
| At 31st March 2021 | E5,803 | E5,803 | ||||||
| At 31st March 2020 | ||||||||
| 6. | Fixed asset investments | 2021 | 2020 | |||||
| Green Pastures CBS |
Loan Stock | 21,475 | 20,972 | |||||
| f21,475 | E20,972 | |||||||
| 7. | Debtors | 2021 6 |
2020 f |
|||||
| Income tax (Gilt Aid) Other debtors |
3,386 | 7,396 | ||||||
| 1,349 | 5,000 | |||||||
| E4,735 | E12,396 | |||||||
| 8. | Creditors: amounts | falling due within one year | 2021 | 2020 | ||||
| E | ||||||||
| Accruals | ||||||||
| E3,776 | f4,481 | |||||||
| -16- |
| 9. | Statement offunds | Statement offunds | Balance 1st April 2020 |
Incoming resources E |
Resources expended E |
Transfers | Balance 31st March 2021 E |
|
|---|---|---|---|---|---|---|---|---|
| General funds | 79,672 | 129I975 | (133I443) | 2,250 | 78,454 | |||
| Designated funds |
||||||||
| Sabbatical fund Church Plant fund Van fund Overseas Leadership Dilapidations Fund |
Fund | 1,750 3,000 5,000 3,500 2,500 |
750 (1,000) 1,000 (2,000) (1,000) |
2,500 2,000 6,000 1,500 1,500 |
||||
| Unrestricted funds |
95,422 | 129,975 | (133,443) | 91,954 | ||||
| Total funds | E95,422 | E129,975 | E(133,443) | - | E91,954 | |||
| 10. | Analysis ofNet Assets between | Funds | General Funds |
Unrestricted Funds |
Restricted Funds |
Tots I | ||
| E | E | |||||||
| Tangible fixed assets | ||||||||
| Net current assets | 78,454 | 13,500 | 91,954 | |||||
| E78,454 | E13,500 | E91,954 |