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||||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|
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||||||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|
##
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##
|||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|