| CONTENTS | PAGE | ||
| Reference and administrative | information | ||
| Trustees' Report |
2-9 | ||
| Independent Examiner's |
Report | 10- 11 | |
| Statement ofFinancial | Activities | 12 | |
| Balance Sheet | 13 | ||
| Notes to the accounts | 14 - 23 |
| Unrestricted Funds |
Restricted Funds |
Total Funds | Total Funds | |||||
|---|---|---|---|---|---|---|---|---|
| 2020 | 2020 | 2020 | 2019 | |||||
| Notes | 5 | |||||||
| INCOME | ||||||||
| Donations | 263,432 | 51,518 | 314,950 | 319,783 | ||||
| Investment income |
29,633 | 24 | 29,657 | 52,968 | ||||
| Other income | 2,134 | 2,134 | 234 | |||||
| Total income | 295,199 | 51,542 | 346,741 | 372,985 | ||||
| EXPENDITURE | ||||||||
| Expeniiirrrre orr Charitable |
activities | |||||||
| Ministry | 3a | 150,120 | 150,120 | 148,126 | ||||
| Mission | 3a | 9,062 | 9,062 | 28,501 | ||||
| Grants payable | 3a | 25,500 | 25,500 | 25,440 | ||||
| Support and Administration |
costs | 3b | 63,130 | 27,009 | 90,139 | 116,187 | ||
| Total expenditure | 247,812 | 27,009 | 274,821 | 318,254 | ||||
| Net movement | in funds | 47,387 | 24,533 | 71,920 | 54,731 | |||
| Funds balances | brought | forward | 788,482 | 680,059 | 1,468,541 | 1,413,810 | ||
| Fund balances carried forward | 835,869 | 704,592 | 1,540,461 | 1,468,541 |
| Funds | Funds | Funds | |||||
|---|---|---|---|---|---|---|---|
| 2020 | 2020 | 2019 | |||||
| Notes | |||||||
| FIXEDASSETS | |||||||
| Tangible Fixed Assets | 2,397,156 | 2,410,952 | |||||
| 2,397,156 | 2,410,952 | ||||||
| CURRENT ASSETS | |||||||
| Debtors | 10 | 19,541 | 17,325 | ||||
| Cash at bank | 92,858 | 88,233 | |||||
| 112,399 | 105,558 | ||||||
| CREDITORS: Amounts | falling due within | one year | (83,854) | (85,381) | |||
| NET CURRENT ASSETS | 28,545 | 20,177 | |||||
| CREDITORS: Amounts | falling due after | one year | 12 | (885,240) | (962,588) | ||
| NET ASSETS | 1,540,461 | 1,468,541 | |||||
| FUND BALANCES | |||||||
| General unrestricted | fund | 13 | 835,869 | 788,482 | |||
| Restricted funds | 13 | 704,592 | 680,059 | ||||
| 1,540,461 | 1,468,541 |
| Uarestricted Funds |
Restricted Funds |
Total Funds | Total Funds |
|---|---|---|---|
| 2020 | 2020 | 2020 | 2019 |
| 216,488 | 41,434 | 257,922 | 259,945 |
| 46,944 | 10,084 | 57,028 | 59,838 |
| 263,432 | 51,518 | 314,950 | 319,783 |
| Unrestricted Funds |
Restricted Funds |
Total Funds | Total Funds |
|---|---|---|---|
| 2020 | 2020 | 2020 | 2019 |
| K | K | 8 | |
| 29,633 | 29,633 | 52,901 | |
| 24 | 24 | 67 | |
| 29,633 | 24 | 29,657 | 52,968 |
| (a) Direc | t Charitable Costs |
||||
|---|---|---|---|---|---|
| Unrestricted Funds |
Restricted Funds |
Total Funds | Total Funds | ||
| 2020 | 2020 | 2020 | 2019 | ||
| K | K | 8 | |||
| Ministry | |||||
| Wages, NIC and pension | 150,120 | 150,120 | 148,126 | ||
| 150,120 | 150,120 | 148,126 | |||
| Mission | |||||
| Childrens' | work | 705 | 705 | 4,001 | |
| Catering | 663 | 663 | 2,804 | ||
| Training | and education | 652 | 652 | 3,189 | |
| Conferences | 2,702 | 2,702 | 3,566 | ||
| Other | 4,339 | 4,339 | 14,941 | ||
| 9,062 | 9,062 | 28,501 | |||
| Grants payable | 25,500 | 25,500 | 25,440 | ||
| 184,682 | 184,682 | 202,067 |
| (b)Supp | ort | and | Administration Costs |
||||
|---|---|---|---|---|---|---|---|
| Unrestricted Funds |
Restricted Funds |
Total Funds | Total Funds | ||||
| 2020 | 2020 | 2020 | 2019 | ||||
| Support | Costs | ||||||
| Building | repairs | and renewals | 8,952 | 8,952 | 6,359 | ||
| Depreciation | 15,318 | 15,318 | 18,636 | ||||
| Lighting, | heating | and water | 4,693 | 4,693 | 12,663 | ||
| Telephone | 1,031 | 1,031 | 978 | ||||
| Building | projects | 6,267 | |||||
| Cleaner | 4,737 | 4,737 | 8,070 | ||||
| Profit/(loss) | on disposal ofassets | ||||||
| 34,731 | 34,731 | 52,973 | |||||
| Administration | Expenses | ||||||
| Postage and | stationery | 385 | 385 | 839 | |||
| Other expenses | 10,479 | 10,479 | 7,788 | ||||
| Interest | 27,009 | 27,009 | 34,978 | ||||
| Insurance | 4,639 | 4,639 | 4,532 | ||||
| Photocopier | 4,994 | 4,994 | 7,749 | ||||
| Publicity | 44 | 44 | 210 | ||||
| Licences | 952 | 952 | 867 | ||||
| Travel | |||||||
| Computer | costs | ||||||
| 21,493 | 27,009 | 48,502 | 56,963 | ||||
| Governance | costs | ||||||
| Bank charges | 508 | 508 | 712 | ||||
| Accounts | and examination | 6,398 | 6,398 | 5 539 | |||
| 6,906 | 6,906 | 6,251 | |||||
| 63,130 | 27,009 | 90,139 | 124,830 |
| Institutions | Individuals | Total | Total | ||
|---|---|---|---|---|---|
| 2020 | 2020 | 2020 | 2019 | ||
| 8 | K | g | |||
| New Frontiers | |||||
| Bethany Children's | Trust | 2,800 | 2,800 | 4,640 | |
| New Ground Churches | 21,700 | 21,700 | 20,800 | ||
| 25,500 | 25,500 | 25,440 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| 2019 | 2019 | 2019 | |||
| Donations | 257,042 | 62,741 | 319,783 | ||
| Income from investments | 52,901 | 67 | 52,968 | ||
| Other income | 234 | 234 | |||
| TOTAL INCOME | 310,177 | 62,808 | 372,985 | ||
| Expenditure oti |
Charitable | activities | |||
| Ministry | 148,126 | 148,126 | |||
| Mission | 28,501 | 28,501 | |||
| Grants payable | 25,440 | 25,440 | |||
| Support and Administration |
costs | 81,209 | 34,978 | 116,187 | |
| TOTAL EXPENDITURE | 283,276 | 34,978 | 318,254 | ||
| Net movement | in funds | 26,901 | 27,830 | 54731 |
| 2020 | 2019 | |
|---|---|---|
| Salaries | 127,369 | 125,128 |
| Social security costs | 11,470 | 12,003 |
| Pensions costs | 11,281 | 10,995 |
| 150,120 | 148,126 |
| The average number ofemployees during the year was as |
follows: | |||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Management | 2 | 2 | ||
| Project staff | I | I | ||
| Administration | 2 | 2 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Depreciation | 15,318 | 18,636 | |||||
| Independent | examiners | fees for reporting | on the accounts | 550 | 550 | ||
| Other fees (Accountancy, | advice and payroll services) | 3,050 | 3,050 | ||||
| 18,918 | 22,236 | ||||||
| 8. FEESFOR EXAMINATION | OF | ACCOUNTS | |||||
| 2020 | 2019 | ||||||
| Independent | examiners | fees for reporting | on the accounts | 550 | 550 | ||
| Other fees - | Accountancy | 3,050 | 3,050 | ||||
| 3,600 | 3,600 |
| Freehold | ||||
|---|---|---|---|---|
| Property | Equipment | Total | ||
| Cost | ||||
| Brought | forward | 2,335,505 | 150,870 | 2,486,375 |
| Additions | 1,522 | 1,522 | ||
| Carried | forward | 2,335,505 | 152,392 | 2,487,897 |
| Depreciation | ||||
| Brought | forward | 75,423 | 75,423 | |
| Charge | 15,318 | 15,318 | ||
| Carried | forward | 90,740 | 90,740 | |
| NBV at | 31 December 2020 | 2,335,505 | 61,651 | 2,397,156 |
| NBV at | 31 December 2019 | 2,335,505 | 75,447 | 2,410,952 |
| 2020 | 2019 | |
|---|---|---|
| Tax recoverable | 16,400 | 11,635 |
| Prepayments and accrued income |
3,141 | 90 |
| 19,541 | 11,725 | |
| 11.CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2020 | 2019 | |
| Loans and borrowings | 61,419 | 69,222 |
| Accruals | 22,435 | 16,159 |
| 83,854 | 85,381 | |
| 12. CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR | ||
| 2020 | 2019 | |
| Loans and borrowings | 885,240 | 962,588 |
| 885,240 | 962,588 |
| 2020 | 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| K | |||||||||
| After | more | than | five | years | not | by | instalments | 639,563 | 658,699 |
| Incoming | Outgoing | ||||||
|---|---|---|---|---|---|---|---|
| At | 31/12/19 | Resources | Resources | At | 31/12/20 | ||
| g | |||||||
| General | fund | 788,482 | 295,199 | (247,812) | 835,869 | ||
| Property | fund | 680,059 | 51,542 | (27,009) | 704,592 | ||
| Carried | forward | 1,468,541 | 346,741 | (274,821) | 1,540,461 |
| Net Current | Long Term | ||||
|---|---|---|---|---|---|
| Fixed Assets | Assets | Liabilities | Total | ||
| General | fund | 2,066,686 | (1,230,817) | 835,869 | |
| Property | fund | 330,470 | 1,259,362 | (885,240) | 704,592 |
| Carried | forward | 2,397,156 | 28,545 | 885,240) | 1,540,461 |