| Uarestrkted Funds |
Unrestricted Fuads |
Restricted Funds |
Restrkted Feeds |
Total Funds |
Total Fuads |
|||
|---|---|---|---|---|---|---|---|---|
| Note | 2020 | 2019 | 2020f | 2019 | 2020 f |
2019 f |
||
| income | ||||||||
| Donations and Grants |
46326 | 246,831 | 28,810 | 103,366 | 75,136 | 350,197 | ||
| Income from charitable | activities | 1,418 | 2,555 | 1,418 | 2855 | |||
| Income from other trading | ||||||||
| actlvItles: | ||||||||
| Commercial trading operations |
33327 | 68,989 | 33327 | 68,989 | ||||
| Investment income |
2,044 | 2,146 | 2,044 | 2,146 | ||||
| Gains/(losses) on investment |
3,736 | 8,569 | 3,736 | 8469 | ||||
| Total income | lM451 | 329,090 | 214810 | 103~ | 11~1 | 432,456 | ||
| Expenditure | ||||||||
| Costs ofraising funds: | ||||||||
| Commercial trading operations |
(19,644) | (40,790) | (19,644) | (40,790) | ||||
| Expenditure on charitable activities: |
||||||||
| Operation ofthe charity | 8 | (132,156) | (251,838) | (22,549) | (72~3) | (154,705) | (324,061) | |
| Total expeaditure | (I51+00) | (292428) | (22~9) | (72423) | (174449) | (364dL51) | ||
| Net movement in funds |
for the | |||||||
| year | (64,949) | 36,462 | 6461 | 31,143 | (584401) | 67,605 | ||
| Recoaciliatioa offunds | ||||||||
| Total Funds brought forward |
302,669 | 266,207 | 47,143 | 16,000 | 349,812 | 282,207 | ||
| Total funds carried forward | 237,720 | 302,669 | 53,404 | 47,143 | 291,124 | 349JI12 |
| Group | Group | Charity | Charity | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Note | 2020 | 2019 | 2020f | 2019f | |||||
| Fixed assets | |||||||||
| Investments | 12 | ||||||||
| Total Fixed | Assets | ||||||||
| Current assets | |||||||||
| Stock | 13 | 32336 | 32,733 | ||||||
| Debtors | 14 | 9392 | 42,945 | 45,984 | 77,0$$ | ||||
| Investments | 12 | 99,130 | 96,353 | 99,130 | 96,353 | ||||
| Cash at bank | and in | hand | 153,764 | 1$4,092 | 149385 | 181,172 | |||
| Total current | assets | 294,622 | 3S6,123 | 294p399 | 354,613 | ||||
| Liabilities | |||||||||
| Creditors - Amounts | falling due within | one | |||||||
| year | 15 | (3,498) | (6311) | (3476) | (4,802) | ||||
| Net carrent | assets | 291,124 | 3493112 | 291,123 | 349JIII | ||||
| Total assets | hus current | IiabilNes | 291,124 | 349JII2 | 291,124 | 3493112 | |||
| 291,124 | 3493112 | 291,124 | 3493112 | ||||||
| The ihsds ofthe charity: | |||||||||
| Unrestricted | income | funds | 237,720 | 302,669 | 237,720 | 302,669 | |||
| Restricted income funds | 53,404 | 47,143 | 53,404 | 47,143 | |||||
| Total Charity | Funds | 291,124 | 3493112 | 291,124 | 3493112 |
| Note | Group | Group | Charity | Charity | ||||
|---|---|---|---|---|---|---|---|---|
| 2020 | 2019 | 2020 | 2019 | |||||
| 8 | 8 | |||||||
| Cash generated la operating |
activities: | 16 | (33~1) | 653182 | (34dl90) | 62~ | ||
| Cash flows from investiag | acttvithnt | |||||||
| Dividends and interest from investmcnts |
1,772 | 1,859 | 1,772 | 1,859 | ||||
| Gain on sale ofsecurities | 3,736 | 8,569 | 3,736 | 8,569 | ||||
| Interest received | 272 | 287 | 272 | 287 | ||||
| Net cash generated lu investing |
activities: | 5,780 | 10,715 | 5,780 | 10,715 | |||
| Increase in cash and cash |
||||||||
| equivalents in the year |
(27,551) | 75,797 | (29,110) | 73001 | ||||
| Cash and cash equivalents | at | the | beginning ofthc year | 280,445 | 204,648 | 277,525 | 204~4 | |
| Total cash and cash equivalents | at the end ofthe year | |||||||
| 2523194 | 280,445 | 248,415 | 277~ | |||||
| Cash and cash eqaivalents | consist of: | |||||||
| Cash at bank and in hand | 153,764 | 184,092 | 149385 | 181,172 | ||||
| Trade securities (included | in | current asset investments) | 99,130 | 96353 | 99,130 | 96353 | ||
| 252d194 | 280,445 | 248,415 | 277~5 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| 8 | 8 | |||||
| Donations and Grants |
75,136 | 350,197 | ||||
| Income from charitable | activities | 1,418 | 2,555 | |||
| Interest receivable | 1,108 | 1,128 | ||||
| Gain/(loss) | from investment | 5408 | 10,428 | |||
| GIII aid from subsidiary | company | 12,847 | 27358 | |||
| 96,017 | 391,666 | |||||
| Expenditure | on charitable | activities | (154,705) | (324,061) | ||
| Net income | (58,688) | 67,605 | ||||
| Total funds | brought | forward | 349,812 | 282307 | ||
| Total funds | carried | forward | 291,124 | 349,812 | ||
| Represented | by: | |||||
| Restricted income funds | 53,404 | 47,143 | ||||
| Unrestricted | income | funds | 237,720 | 302,669 | ||
| Total charity funds | 291,124 | 349,812 |
| Restricted | Unrestricted | Restrkted | Unrestricted | ||
|---|---|---|---|---|---|
| Funds | Funds | Fuads | Funds | ||
| 2020 | 2020 | 2019 | 2019 | ||
| f | f. | f | |||
| Income from Royalties/Speaker | services | 1,418 | 2,555 | ||
| Support from Sponsors | |||||
| Total income from charitable | activities | 1,418 | 2,555 |
| The summary financial perfonnance |
The summary financial perfonnance |
ofthe subsidiary | ofthe subsidiary | alone is: | |
|---|---|---|---|---|---|
| 2020f | 2019 f |
||||
| Turtlover | 33,327 | 68,989 | |||
| Costofsales and administration | costs | (19,644) | (40,790) | ||
| Interest payable | (836) | (841) | |||
| Amount 810aided to the charity | (12,847) | (27358) | |||
| Net Profit | |||||
| The assets and liabilities ofthe | subsidiary | were: | |||
| Current assets | 42,303 | 49,908 | |||
| Current liabilities |
(42,302) | (49,907) | |||
| Total net assets | I | I |
| income earned from investment | |||||
|---|---|---|---|---|---|
| The results ofthe group's investment |
off5,780(2019:f10,715)arises from profits on disposal | of | |||
| investments, dividends and interest |
received from investment | in trade securities. | |||
| Analysis ofexpenditare on charitable |
activities | ||||
| Fellowship Retreat |
Publishing | Scholarships &Grants |
Total | ||
| Book production expenses |
35,291 | 35391 | |||
| Governance costs (see note 9) |
27,819 | 27,818 | 55,637 | ||
| General support Costs (see note 9) | 12,483 | 49,934 | 63,777 | ||
| 113,043 | I54r705 |
| Expenditure Fellowship |
on the Retr Retreat. |
eat constitutes fina |
ncial support fo |
r organising the v |
irtual Gingko |
Interfaith |
|---|---|---|---|---|---|---|
| General | Governance | Basis of | ||||
| support | function f |
Total f |
appordonment | |||
| General administration | expenses | 24,016 | 24,016 | Invoiced | ||
| Allocated on | ||||||
| Staffcosts | 38,401 | 54,312 | 92,713 | time | ||
| Support to | other charities | 1360 | 1360 | Invoiced | ||
| Accountant | Independent | Review Fees | 1325 | 1325 | Governance | |
| 63,777 | 55,637 | 119,414 |
| Aaalysh ofstaff costs | ||
|---|---|---|
| 2020 | 2019 | |
| Salaries | 54,312 | 58,568 |
| Social security costs | 1,533 | 2,351 |
| Pension costs | 1,629 | 1,612 |
| Seconded Stalf | 7,901 | 31,604 |
| Volunteers | 30,500 | 63,500 |
| 95,875 | 157,635 |
| Stock | ||||||
|---|---|---|---|---|---|---|
| Group | Group | Charity | Charity | |||
| 2020 | 2019f | 2020 | 2019 | |||
| 32,336 | 32,733 | |||||
| Debtors | ||||||
| Group | Group | Charity | Charity | |||
| 2020f | 2019f | 2020 f |
2019 | |||
| Trade debtors | 5,474 | 14,075 | ||||
| Other debtors | 3,918 | 28,870 | 3,904 | 28,691 | ||
| Amount | due from subsidiary | undertaking | 42,080 | 48,397 | ||
| 9392 | 42,945 | 45,984 | 77,088 |
| Groap | Groap | Charity | Charity | |
|---|---|---|---|---|
| 2020f | 2019 | 2020 | 2019f | |
| Trade creditors | 1,693 | 3,513 | 1,471 | 2,004 |
| Other creditors | 480 | 1,448 | 480 | 1,448 |
| Accrusls | 1,325 | 1350 | 1,325 | 1350 |
| 3,498 | 63II | 3,276 | 4,802 |
| Group | Group | Charity | Charity | |||
|---|---|---|---|---|---|---|
| 2020 | 2019f | 2020f | 2019 | |||
| Net movement in funds |
(58,688) | 67,605 | (58,688) | 67,605 | ||
| Gains/(losses) on investments |
(3,736) | (8,569) | (3,736) | (8469) | ||
| Dividends | snd interest from investments | (1,772) | (1,859) | (1,772) | (1,859) | |
| Interest received |
(272) | (287) | (272) | (287) | ||
| Decrease | (incresse) | in stock | 397 | 6,927 | ||
| Increase | (decrease) | in debtors | 33,553 | (1,592) | 31,104 | 3,893 |
| Decrease | (increase) | in creditors | (2,813) | 2,857 | (1426) | 1,803 |
| Net cash | generated | ia operating | ||||
| activities | (33331) | 65,082 | (34,890) | 62,586 |
| Funds | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| Funds as at 1 January 2020 | 302,669 | 47,143 | 349,812 | |
| Shortage/Surplus | for the year | (64,949) | 6361 | (58,688) |
| Funds as at 31 | December 2020 | 237,720 | 53,404 | 291,124 |
| The loans attracted an annual interest of 2'Y& equal to account. Details ofthe loan account are below. |
8836(2019;8841),w | hich was add |
|---|---|---|
| Loaa Account | 2020 | 2019 |
| 8 | 8 | |
| Balance at the beginning ofthe year 2020 | 48397 | 49,910 |
| Loans made during the year | 13,683 | 28328 |
| Repayments made during the year |
(20,000) | (29,741) |
| Balance at the end ofthe year 2020 | 42,080 | 48397 |