This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

PDF
Markdown

2020-12-31-accounts

		Page
Report of the Trustees		1 to	5
Report of the Independent Auditors		6 to	9
Statement of Financial	Activities	10
Statement of Financial	Position
Statement ofCash Flows		12
Notes tothe Statement	of Cash Flows	13
Notes to the Financial	Statements	14 to	20
Detailed Statement of	Financial Activities	21

					2020	2019
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes	f	E	E	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies				345,476	345,476	2,965,987
Charitable activities
Trading income						216
Investment income				21,624	21,624	12,570
Total				367,100	367,100	2,978,773
EXPENDITURE ON
Charitable activities
Charitable giving				452,720	452,720	246,699
Other running costs			6,440	155	6,595	3,100
Total			6,440	452,875	459,315	249,799
NET INCOME/(EXPENDITURE)			(6,440)	(85,775)	(92,215)	2,728,974
RECONCILIATION OF FUNDS
Total funds brought forward			11,320	3,705,130	3,716,450	987,476
TOTAL FUNDS CARRIED FORWARD			4,880	3,619,355	3,624,235	3,716,450

					2020	2019
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes	E	E	E	E
CURRENT ASSETS
Debtors				1,281	1,281	49,546
Cash at bank			14,911	3,684,367	3,699,278	3,674,178
			14,911	3,685,648	3,700,559	3,723,724
CREDITORS
Amounts falling due within one year		10	(10,031)	(66,293)	(76,324)	(7,274)
NET CURRENT ASSETS			4,880	3,619,355	3,624,235	3,716,450
TOTAL ASSETS LESSCURRENT LIABILITIES			4,880	3,619,355	3,624,235	3,716,450
NET ASSETS			4,880	3,619,355	3,624,235	3,716,450
FUNDS
Unrestricted	funds				4,880	11,320
Restricted funds					3,619,355	3,705,130
TOTAL FUNDS					3,624,235	3,716,450

FOR THE YEAR ENDED 31	DECE	MBER	2020
					2020	2019
				Notes	f	E
Cash flows from operating	activities
Cash generated from operations					3,476	2,677,269
Net cash provided by operating		activities			3,476	2,677,269
Cash flows from investing	activities
Interest received					21,624	12,570
Net cash provided by investing		activities			21,624	12,570
Change in cash and cash equivalents			in the
reporting period					25,100	2,689,839
Cash and cash equivalents	at the beginning
ofthe reporting period					3,674,178	984,339
Cash and cash equivalents	at the end		of
the reporting period					3,699,278	3,674,178

RECONCILIATION O	F NE	T (EXPENDITURE)/IN	COME TO NET CASH	FLOW FROM	OPERATING ACTI	VITIES
					2020	2019
					E	f
Net (expenditure)/income		forthe reporting	period (as per the
Statement of Financial Activities)					(92,215)	2,728,974
Adjustments for:
Interest received					(21,624)	(12,570)
Decrease in debtors					44,091	14,982
Increase/(decrease)	in creditors				73,224	(54,117)
Net cash provided	by operations				3,476	2,677,269
ANALYSIS OF CHANGES		IN NET FUNDS
				At 1.1.20	Cash flow	At31.12.20
				f	E	f
Net cash
Cash at bank				3,674,178	25,100	3,699,278
				3,674,178	25,100	3,699,278
Total				3,674,178	25,100	3,699,278

			2020	2019
			E
Fees payable	to the charity's auditors for the audit ofthe charity's	financial
statements			4,340	2,500
Preparation	ofthe financial statements		2,100

		Unrestricted	Restricted	Total
		fund	funds	funds
		E	f	f
INCOME AND ENDOWMENTS	FROM
Donations and legacies			2,965,987	2,965,987
Charitable activities
Trading income			216	216
Investment income			12,570	12,570
Total			2,978,773	2,978,773
EXPENDITURE ON
Charitable activities
Charitable giving			246,699	246,699
Other running costs		3,100		3,100
Total		3,100	246,699	249,799
NET INCOME/(EXPENDITURE)		(3,100)	2,732,074	2,728,974
RECONCILIATION OF FUNDS
Total funds brought forward		14,420	973,056	987,476
TOTAL FUNDS CARRIED FORWARD		11,320	3,705,130	3,716,450

							2020	2019
							f	E
	Amounts owed		by parent					49,058
	Accrued income						1,281	488
							1,281	49,546
10.	CREDITORS:	AMOUNTS		FALLING	DUE WITHIN ONE YEAR
							2020	2019
							f	f
	Amounts owed		to parent				70,024	4,174
	Other creditors						6,300	3,100
							76,324	7,274
11.	MOVEMENT	IN	FUNDS
							Net
							movement	At
						At 1.1.20	in funds	31.12.20
						E	f	f
	Unrestricted	funds
	General fund					11,320	(6,440)	4,880
	Restricted funds
	Chapel ofChrist		the King			4,000		4,000
	Revealed					3,701,130	(85,775)	3,615,355
						3,705,130	(85,775)	3,619,355
	TOTAL FUNDS					3,716,450	(92,215)	3,624,235
	Net movement		in funds,	included	in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
						E	E	f
	Unrestricted	funds
	General fund						(6,440)	(6,440)
	Restricted funds
	Revealed					367,100	(452,875)	(85,775)
	TOTAL FUNDS					367,100	(459,315)	(92,215)

				Net
				movement	At
			At 1.1.19	in funds	31.12.19
			E	E	E
Unrestricted	funds
General fund			14,420	(3,100)	11,320
Restricted funds
Chapel ofChrist the King			4,000		4,000
Revealed			969,056	2,732,074	3,701,130
			973,056	2,732,074	3,705,130
TOTAL FUNDS			987,476	2,728,974	3,716,450
Comparative	net movement	in funds, included	in the above are as follows:

		Incoming	Resources	Movement
		resources	expended	in funds
		E	E	E
Unrestricted	funds
General fund			(3,100)	(3,100)
Restricted funds
Revealed		2,978,773	(246,699)	2,732,074
TOTAL FUNDS		2,978,773	(249,799)	2,728,974

FOR THE YEAR ENDED 3	1DECEMBER 2020
		2020	2019
		E	E
INCOME AND ENDOWMENTS
Donations and legacies
Donations		41,662	1,482,749
Gift aid		9,988	233,576
Grants		293,826	1,249,662
		345,476	2,965,987
Investment income
Deposit account interest		21,624	12,570
Charitable activities
Trading and fundraising	income		216
Total incoming resources		367,100	2,978,773
EXPENDITURE
Charitable activities
Charitable Giving		452,720	246,699
Sundries		155	600
		452,875	247,299
Support costs
Governance costs
Auditors' remuneration		4,340	2,500
Auditors' remuneration	for non audit work	2,100
		6,440	2,500
Total resources expended		459,315	249,799
Net (expenditure)/income		(92,215)	2,728,974