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2020-12-31-accounts

Page
Directors' Report
Statement of Financial Activities
Statement of Financial Position
Notes to the Financial Statements
Statement ofCash Flows
Detailed Profit and Loss Account and Summaries 7-8

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31DECEMBER 2020 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31DECEMBER 2020 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31DECEMBER 2020 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31DECEMBER 2020
2020 2019
Note E f
TURNOVER 1,2 62,460 181,712
Charitable
Expenditure
(36,491) (197,168)
Administrative
expenses
(40,219) (38,165)
OPERATING (DEFICIT)/SURPLUS 3 (14,250) (53,621)
Interest receivable and similar income 0 0
(DEFICIT)/SURPLUS ON ORDINARY ACTIVITIES BEFORE (14,250) (53,621)
TAXATION
Tax on Profit on ordinary activities
(DEFICIT)/SURPLUS FOR THE FINANCIAL PERIOD (14,250) (53,621)

2020 2019
Note E E E
CURRENT ASSETS
Cash at bank 75,724 91,155
DEBTORS 2,110 2,222
77,834 93,377
CREDITORS: amounts falling due within one
year (120) (1,413)
NET CURRENT ASSETS 77,714 91,964
NET ASSETS 77,714 91,964
CAPITAL AND RESERVES
Profit and loss account 77,714 91,964
77,714 91,964

5. CREDITORS:
Amounts
falling due within one year
2020
f
2019
E
Other creditors 120 1,413
6. DEBTORS:
Amounts
falling due within one year
2020 2019
E E
Other debtors 2,110 2,222

2020 2019
Net Income / (Deficit) for the Year (14,250) (53,621)
(Increase)/Decrease
in Debtors
112 (51)
Increase/(Decrease)
in Creditors
(1,293) (842)
(15,431) (54,514)
Net Funds at December 31",2019 91,155 145,669
Net Funds at December 31",2020 75,724 91,155

2020 2019
Page f f
TURNOVER 8 62,460 181,712
Charitable
Expenditure
Administration
expenses
OPERATING SURPLUS/(DEFICIT)
8
8
(36,491)
~46 219
14250
(197,168)
~38 165
~33621
SURPLUS/(DEFICIT) FOR THE PERIOD (14,250) (53,621)

2020
E
TURNOVER
Flame Congress 2019 0
Membership
Fee
500
Faith in Action 1,960
Conferences 0
Grants Received (Restricted Funds) 20,000
Donations
received
—Flame 20,000
Donations
received
- Other 20,000
62,460
2020
f
CHARITABLE EXPENDITURE
Flame Congress 2023 33,494
National
Youth Sunday
2,552
Faith in Action 445
36491
2020
f
ADMINISTRATION EXPENSES
Travel Costs 1,044
CYMFed Administration 710
CYMFed General Expenses 6,148
CYMFed Staff Costs 31,544
Insurance 413
Professional
Fees
360
40,219