| Page 3 | Legal andAdministrative lnformation |
|---|---|
| Pages 4to5 | Trustees'Report |
| Page 6 | Statement of FinancialActivities |
| Page7 | Balance Sheet |
| Page 8 | Statement of Cash Flow |
| Pages9to19 | Notes totheFinancial Statements |
| Page 20 | lndependentExaminer's Report |
| Unrestricted Restricted |
Unrestricted Restricted |
TOTAL | TOTAL | ||
|---|---|---|---|---|---|
| Notes | Funds | Funds | 2019n4 | 2AlU19 | |
| t | t | t | € | ||
| INCOMING RESOURCES | |||||
| lncomingResourcesfromGenerated Funds | |||||
| Donations, Grants&Legacies | 3a | 388,757 | 226,947 | 615,7A4429,006 |
|
| CharitableActivities | 3b | 4,932 | 4,932 | 5,943 | |
| TOTAL INCOMINGRESOURCES | 393,689 | 226.947 | 620,636 | 434,949 |
|
| RESOURCES EXPENDED | |||||
| Costs ofGeneratingFunds | |||||
| Cost of Charitable Aetivities | 4a | 231,910 | 219,853 | 451,763 | 330,857 |
| Cost of Generating Funds | 4b | 8,293 | 517 | 8,810 | 6,456 |
| Governance Costs | 4c | 975 | 97s | ||
| TOTALRESOURCESEXPENDED | 241,178 | 220,370 | 461,548 | 337,313 |
|
| NETTNCOMTNG(OUTGOTNG) RESOURCES | 152,511 | 6,577 | 159,088 | 97,636 | |
| FundsBroughtForward | 94,931 | 100,527 | 195,459 |
97,822 | |
| Transfer Between Funds | (14,546) | 14,546 |
|||
| TOTALFUNDS CARRIED FORWARD | 232,896 | 121,650 | 354,546 | 195,458 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Note | Funds s |
Funds f |
31-Aug-20 f |
31-Aug-tI € |
||
| FixedAssets | ||||||
| Tangible Assets | 2 | 6,634 | 6,634 | 1,245 | ||
| lnvestments | ||||||
| TotalFixedAssets | 6,534 | 6,634 | 1,245 | |||
| Current Assets | ||||||
| Debtors & Prepayments Cash at Bankandin Hand Tota!Current Assets |
10 I |
8,157 - 8,157 226,298 121,650 347,948 234,455 121,650 356,105 |
14,951 187,895 202,846 |
|||
| Creditors:Amounts fallingdue withinone | 11 | 8,193 | - |
8,193 | 8,633 | |
| Year | ||||||
| NET CURRENTASSETS | 226,262'121,650347,912 | 194,213 |
||||
| TOTAL ASSETSlesseurrent liabilities | 232,896 121,650 354,546 | 195,458 |
||||
| Creditors:Amountsfallingdueinmore | 12 | |||||
| than one year | ||||||
| NETASSETS | 232,896121,650 | 354,545 | 195,458 |
|||
| Funds ofthe Gharity | ||||||
| GeneralFunds | 232,856 | 232,896 | 94,931 | |||
| Restricted Funds | 6 | 12't,650 | 121,650 | 100,527 | ||
| TotalFunds | 232,8S6121,650 | 354,546 | {95,458 |
| Total | Total | ||
|---|---|---|---|
| 31.Aug-20 | 3'l-Aug-19 | ||
| 9ashFlowfrom OperatingActivities | € | e | |
| Net Cash Providedby(used in) OperatingActivities | 169,070 | 97,476 | |
| Cash Flowsfrom lnvestingActivities: | |||
| Purchase ofProperty,Plant and Equipment | 9,017 | 1,867 | |
| Net CashProvidedby (usedin) lnvestingActivities | 160,053 | 95,209 | |
| CashFlowsfromFinancingActivities | |||
| Change inGaehand Cash Equivalentsinthe ReportingPeriod | 160,053 | 95,209 | |
| Cash and Cash Equivalents attheBeginning of the Reporting Period | 187,895 | 92,686 | |
| Cash and Cash EquivalentsattheEndofthe ReportingPeriod | 347,948 | 187,895 | |
| AllCashis heldasCash in Hand | |||
| ChangesinNet Debt: | |||
| Cash at Start oftheFinancial Year | 187,895 | 92,686 | |
| Cashflows | 160,053 | 95,209 | |
| CashatEndoftheFinancialYear | 347 | 1EI8g5 |
| Fiftings & | Total | ||
|---|---|---|---|
| Equipment E |
2019t20 t |
||
| Cost Additions |
01-Sep-19 | 22,193 I 17 |
22,183 17 |
| Net Book Valueat | 31-Aug-20 | ||
| Depreciation Charge |
01-Sep-19 | 20,938 3,628 |
20,938 3,629 |
| Depreciation at | 31-Aug-20 | ||
| Net Book Value Net Book Value |
31-Aug-20 31-Aug-19 |
6,634 1,245 |
6,634 1,245 |
| Unrestricted | Restricted | Restricted | TOTAL | TOTAL | |
|---|---|---|---|---|---|
| Funds € |
Funds € |
2AlgnA f |
2018t19 t |
||
| a)Donations, Grants & Legacies | |||||
| Gift Aid | 31,139 | 1', | ,047 | 42,195 | |
| Gifts&Donations | 357,259 | 215,900 | 573,159 | 31,591 | |
| Grants Received | 360 | 360 | 14,600 | ||
| 398,757 | 226,947 | 615,704 |
429,006 |
||
| b)CharitableActivities | |||||
| ChurchPrograms | 4,016 | 4,016 | 4,480 | ||
| Training lncome | 916 | 916 | 1,463 | ||
| 4,932 | 4,932 | 5,943 |
| Unrestricted | Restricted | TOTAL | TOTAL | ||
|---|---|---|---|---|---|
| a)Costof CharitableActivities | Funds f |
Funds € |
2A1St20 t |
20't8/19 t |
|
| Church Ministry SupportCosts Grants&Donations Staff Costs TrainingCosts Travel&Hospitality Depreciation Expenses |
15 | 54,499 37,264 14,369 115,787 2,075 4,299 3,628 |
29,715 8,153 38,010 133,625 2,816 7,534 |
84,204 45,417 52,379 249,4'12 4,991 11,832 3,628 |
51,554 32,772 22,669 194,701 5,023 18,156 5,992 |
| 0 | 451 | 330.857 | |||
| b)CostsofGeneratingFunds | |||||
| lncurredSeeking Donations | 8,293 | 517 | 8,810 | 6,456 | |
| b)Governance Costs | |||||
| lndependentExaminersFees | 11 | 975 | 975 | ||
| 975 | 975 |
| TOTAL | TOTAL | |
|---|---|---|
| 2019/20 | 2018119 | |
| t | t | |
| Office Costs Compliance&Regulation Consultants OtherExpenses |
16,918 15,160 6,425 6,914 |
18,510 1,954 12,308 |
| Balance | Balance | ||||
|---|---|---|---|---|---|
| 01.Sep-l9 f |
IncomeExpenditure t e |
Transfers t |
31-Aug-20 t |
||
| StudentWorker | 1,308 | 40,635 | 41,151 | 792 | |
| ChurchPlant | 42,814 | 54,065 | 96,795 | 94 | |
| HardshipFund | 3,033 | 936 | 2,497 | ||
| Ministry Trainee Fund | 13,423 | 24,632 | 16,960 | 1,431 | 't8,526 |
| Mission&Pianting Fund | 3,234 | 6,978 | 12,385 | 8,641 | |
| TrainingBursary | 2,543 | 950 | 1,553 | ||
| Sabbatical Expenses | 445 | 445 | |||
| BuildingFund | 16,831 | 38,584 | 7,559 | 47,856 | |
| Creative Directors | 1,697 | 31,437 | 22,004 | 11,1U | |
| Creative lntern | 3,976 | 9,906 | 8,955 | (4,770) | 157 |
| lncubator | 6,658 | 10,566 | 6,532 | 10,692 | |
| Northern Gospel | 3,497 | 11,044 | 760 | 5,500 | 19,281 |
| Operations Managers | 4,141 | 7,445 | 10,804 | 382 | |
| 1OO,527 | 226,94722A370 | 14,546 | 121,650 |
| Balance | Balance | ||||
|---|---|---|---|---|---|
| 01-Sep-l8 t |
lncome c |
Expenditure f |
Transfers t |
31-Au9-19 € |
|
| StudentWorker | 13 | u,592 | 33,297 | 1,308 | |
| ChurchPlant | 24,970 | 54,026 | 37,182 | 1,000 | 42,814 |
| Hardship Fund | 382 | 1,013 | 1,395 | ||
| Ministry Trainee Fund | 6,038 | 23,198 | 15,813 | 13,423 | |
| Mission&Ministry Fund | 2,224 | {2,224) | |||
| Mission&Planting Fund TrainingBursary |
5,753 | 6,062 1,000 |
555 4,250 |
{2,273) | 3,234 2,503 |
| Sabbatical | 4,000 | 4,000 | |||
| Sabbatical Expenses | 445 | 445 | |||
| BuildingFund | 16,831 | 16,831 | |||
| Creative Directors | 1,697 | 1,697 | |||
| Creative lntern | 3,976 | 3,976 | |||
| lncubator | 9,666 | 2,008 | 6,658 | ||
| No(hernGospel | 3,497 | 3,497 | |||
| OperationsManagers | 4,141 | 4,141 | |||
| 43,825 | 155,202 | 98,500 | 104,527 |
| Balance | Balance | ||||
|---|---|---|---|---|---|
| 01-Sep-l9 f |
lncome f |
Expenditure f |
Transfers f, |
3t-Aug-20 t |
|
| Newton Heath | 78,134 | 6,770 | 713M | ||
| WildwoodFund | 1,a25 | 1,934 | 1,691 | 782 | |
| 79,159 | 8,704 | 1,691 | 72,146 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| Fund e |
Fund f |
31-Aug-20 E |
31-Aug-' | |
| Cash at Bank& inHand | 226,298121,650 | u7,948 | 1g7,gg5 |
|
| 226,298 | 21 | 948 | 187,895 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| Fund f |
Fundt | 31-Aug-20 € |
31-Aug-19 t |
|
| GiftAidTax Recoverable | 1,753 | 1,753 | 3,065 | |
| Prepayments | 3,209 | 3,209 | ||
| SundryDebtors | 3,125 | 3,125 | 3,125 | |
| TradeDebtors | 70 | 7o | 8,761 | |
| 9,157 | 8,157 | 14,951 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Fund | Fund | 3l-l\ug-20 | 31-Aug-{9 | ||
| E | € | € | G | ||
| Accruals | 1,200 | 1,2A0 | |||
| lndependentExaminersFees | 975 | 975 | |||
| TradeCreditors | 6,018 | 6,018 | 8,633 | ||
| 8,193 | - | g,tg3 | 9,633 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| Funds t |
Funds € |
3t-Aug-20 c |
3t-Aug.l9 f |
|
| Fixed Asset lnvestments | 6,634 | 6,634 | 1,245 | |
| Net CurrentAssets | 226,262 | 121,650 | 347,912 | 194,213 |
| LongTermLiabilities | ||||
| 232,896121,650 | 354,546 | 195,458 |
| Total | Total | ||
|---|---|---|---|
| 31-Aug-20 f |
31-Aug-19 e |
||
| Netincome/(expenditure)forthe reporting period(as per SOFA) | 160,063 | 97,636 | |
| AdjustmentsFor: | |||
| Depreciation Charges | 3,629 | 5,982 | |
| (lncrease)/DecreaseinDebtors | 6,794 | (14,711) | |
| lncrease/(Decrease) inCreditors | (1,415) | 8,169 | |
| Net CashProvidedby (used in)OperatingActivities | 169,070 | 97,076 |
| TOTAL | TOTAL | |
|---|---|---|
| 2019t20 | 2018/19 | |
| f | t | |
| Gross Wages, Salaries&Fees | 226,761 | 177,758 |
| Social Security Costs | 5,499 | 4,704 |
| PensionContributions | 14,692 | 12,239 |
| Ex-Gratia Payments | 2,460 | |
| 249,412 | 194,701 |
| TOTAL | TOTAL | |
|---|---|---|
| 2019t20 | 2018/19 | |
| CharitableActivities | 10 | 9 |
| Ralph | Matthew | |
|---|---|---|
| Cunningham f |
Walkdock f |
|
| Gross Wages & Salaries | 16,000 | 20,20a |
| PensionContributions | 2,757 | 2,720 |
| 18,757 | 22,920 |