OpenCharities

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2021-03-31-accounts

Names ofthe charit y trustees who ma nage the charity nage the charity
Trustee name Office (ifany) Dates acted ifnot for whole
year
Name of person (or body) entitled
to appoint trustee lif an )
1 Mr Gareth Williams Elder —Minister BECIEEYB
2 Mr Gwydion
Lewis
Elder Re-elected 25/1 1/20 BECIEEYB
3 Mr David Gee Deacon BECIEEYB

Statement ofFinan cial Activiti es for the Y ear ended 31stMarch 2021
Unrestricted Unrestricted Restricted
General Mission Funds Total 2019-20
incomin
Resources
Offerings and Donations 25,560 25,560 21,054
Gift Aid and GASDS 7,111 7,111 4,894
One Off Gifts 5000 5,000 1,000
Legacy Received 0 0 5,054
Returned
Payments
225 225 25
Restricted
Gifts: Caring
for Life 175 175 25
Restricted
Gifts: Tearfund
285 285 689
Restricted
Gifts: Foodbank
60 60 0
Restricted
Gifts: Barnabas Fund
30 30 0
Interest received 245 245 257
Total Income 38,141 550 38,691 32,998
Resources Ex ended
Ministry Costs
Pastor's salary and pension 25,284 25,284 25,081
Pastor's Travel expenses 219 219 1,458
Pastor's Conference Costs 94 94 0
Pastor's telephone 120 120 60
Preachers ISpeakers Fees 75 75 1,114
25,792 27,713
Meeting Costs
Rent ofMeeting Places 500 500 1,280
500 1,280
Fellowship
Expenditure
Fellowship
Gifts
0 0 100
AECW 150 150 150
Bookshop purchases 23 23 18
173 268
Administrative
Costs
Insurance 234 234 232
Independent
Examiner
IAccounts 460 460 335
Advertising
8 Website
38 38 15
Copyright
Licence
162 162 186
894
Missionary
8 Other Giving
Tear Fund 300 300 674
Barrie 8 Nancy Evans 350 350 325
Evangelical
Movement
ofWales 500 500 450
Barnabas
Fund
500 30 530 450
UFM 1,075 1,075 975
AWM 775 775 700
South Gwynedd
Foodbank
60 60 0
Operation
Mobilisatio
50
SASRA 50
Caring For Life 175 175 25
3,765 3,699
Total Resources Expended 27,359 3,200 565 31,124 33,728
Net Incoming
I(Outgoing)
Resources 10,782 -3,200 -15 7,567 -730
Transfer to mission fund re 2020-2021 -3,767 3,767
Net Incoming Resources after transfers
Opening
Fund Balances 1.4.2020
Closing Fund Balances 31.3.2021
7,015
28,719
35,734
567
3,220
3,787
-15
15
7,567
31,954
39,521
-730
32,684
31954

Current Assets
Kingdom
Bank Bonds
Sank Current Account
Accrued Income - Gift Aid
Accrued Income - Interest
Total Current Assets
Current
Liabilities
Creditors
&Accruals
Net Assets
Funds ofthe Charity
Unrestricted
General Funds
Unrestricted
Mission Funds
Restricted
Funds
Total Funds
2020-21 2019-20
27,000 24,000
8,541 5,987
4,531 2,573
212 234
40,284 32,794
-763 -840
39,521 31,954
35,734 28,719
3,787 3,220
0 15
39,521 31,954

NCOMING RESOURCES NCOMING RESOURCES NCOMING RESOURCES
Recognition ofincoming These are included
in the Statement
of Financial
Activities
resources (SoFA) when:
~
the charity becomes entitled to the resources;
~
the trustees are virtually
certain they will receive the
resources; and
~
the monetary
value can be measured
with sufficient
reliability.
Grants and donations Grants and donations
are only included
in the SoFA when the
charity has unconditional
entitlement
tothe resources.
Tax reclaims on donations Incoming resources from tax reclaims are included
in the
and gifts SoFA at the same time as the gift to which they relate
Oonated services and These are only included
in incoming resources
(with an
facilities equivalent
amount
in resources expended)
where the benefit
to the charity is reasonably
quantifiable,
measurable
and
material.
The value placed on these resources is the
estimated
value to the charity ofthe service or facility
received.
Volunteer help The value ofany voluntary
help received is not included
in the
accounts.
EXPENDITURE AN D LIABILITIES
Liability recognition Liabilities are recognised as soon as there is a legal or
constructive
obligation
committing
the charity to pay out
resources.
Grants payable without These are only recognised
in the accounts when a commitment
performance conditions has been made and there are no conditions
to be met relating to
the grant which remain
in the control ofthe charity.
ASSETS
Tangible fixed assets for These are capitalised
ifthey can be used for more than one year,
use by charity and cost at least 8.1,000. They are valued at cost or a reasonable
value on receipt.