| Unrestricted | Funds | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | Total | Total | ||||||||
| Funds | Funds | Funds | 2020 | 2019 | ||||||||
| Notes | f | f | f | f | ||||||||
| income receipts | ||||||||||||
| Donations | 46,542 | 3,550 | 50,092 | 59,917 | ||||||||
| Gift aid receipts | 11,257 | 263 | 11,520 | 12,372 | ||||||||
| Income from courses | and events | 118 | ||||||||||
| Interest | 227 | 227 | 358 | |||||||||
| Other | 760 | |||||||||||
| Total receipts | 58,027 | 3,813 | 61,839 | 73,525 | ||||||||
| Payments | ||||||||||||
| Payments in relation to activities undertaken directly |
charitable | 55,202 | 55,202 | 70,096 | ||||||||
| Grants paid in relation to activities undertaken by others |
charitable | 2,247 | 5,939 | 8,187 | 6,099 | |||||||
| Totalpayments | 57,449 | 5939 | 63,389 | 76,195 | ||||||||
| Net of receipts |
/ | (payments) | before | |||||||||
| transfers | 578 | (2,127) | (2,549) | (2,670) | ||||||||
| Transfers between | funds | |||||||||||
| Net movement | in | funds | 578 | (2,127) | (1,549) | (2,670) | ||||||
| Cash funds as at | last | year end | 40,435 | 2,420 | 42,854 | 45,525 | ||||||
| Cash funds atthis | year end | A | 41,012 | 293 | 41,305 | 42,854 |
| Unrestricted | Funds | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | Total | Total | ||||||||
| funds | funds | Fuiids | ZD20 | 2019 | ||||||||
| E | 6 | 6 | 6 | 6 | ||||||||
| 2 | Payments in relation to charitable |
activities undertaken | directly | |||||||||
| Ministry. | ||||||||||||
| Stipends | 15,256 | 15,256 | 19,552 | |||||||||
| Employer Pension |
4,794 | 4,794 | 4,907 | |||||||||
| Accommodation | costs | 20,197 | 20,197 | 23,854 | ||||||||
| Reimbursed expenses |
670 | 670 | 1,747 | |||||||||
| Hire of hall | 4,977 | 4,977 | 8,668 | |||||||||
| Church weekend | 675 | |||||||||||
| Equipment | 61 | 61 | 436 | |||||||||
| Training | 575 | 575 | 475 | |||||||||
| Outreach, evangelism, | other | ministry | activities | 7 | 7 | 22 | ||||||
| Catering | 164 | 164 | 468 | |||||||||
| Support end Administration: | ||||||||||||
| Administrative | Salaries | 5,683 | 5,683 | 5,661 | ||||||||
| Oflice expenses | 522 | 522 | 559 | |||||||||
| Insurance, licenses and otherfees |
1,099 | 1,099 | 875 | |||||||||
| Accounts preparation | and examination | 905 | 905 | 907 | ||||||||
| Other costs | 292 | 292 | 1,291 | |||||||||
| 55,202 | 55,202 | 70,096 | ||||||||||
| 3 | Grants and gifts paid to others | |||||||||||
| Organisations: | ||||||||||||
| African Drphanage | Project | 809 | 809 | 865 | ||||||||
| SERA Home Mission | Fund | 2,500 | 2,500 | 2,500 | ||||||||
| Flyers International | [Moldova project) | 1,100 | 1,100 | |||||||||
| Horsham Churches |
Together | 850 | ||||||||||
| Mission support | 200 | |||||||||||
| Afncan Projects | 200 | 200 | 1,035 | |||||||||
| Other organisations | (less than 6500) | 704 | 7IH | 1,499 | ||||||||
| Individuals | 494 | 1,530 | 2024 | |||||||||
| 2,247 | 5,939 | 8,187 | 6,099 |
| Movement offunds | Movement offunds | Balance at | Balance at | ||||
|---|---|---|---|---|---|---|---|
| 305ep2019 | Receipts | Payments | Transfers | 305ep2020 | |||
| E | 6 | E | E | 6 | |||
| Generalfunds | 40435 | 58027 | (57449) | 41012 | |||
| 40,435 | 41,012 | ||||||
| Restricted funds | |||||||
| Moldova | Fund | 1,508 | 988 | (2,330i | 165 | ||
| Home Mission Fund | 2,500 | (2,500) | |||||
| Africa Fund | 912 | 325 | (1,109) | 128 | |||
| 2,420 | 3,813 | (5,939) | 293 | ||||
| Total funds | 42,854 | 61,839 | (63,389) | 41,305 |
| Keyassumptions | |||||
|---|---|---|---|---|---|
| The key assumptions | underlying | the actuarial valuation ofthe DBPlan were asfollows: | |||
| Type affinancial assumptmn | %po | ||||
| RPI price inflation assumption |
3.20 | ||||
| CPI price inflation assumption | 2.70 | ||||
| Minimum Pensionable |
Income | increases | (CPI plus 0.75H pa) | 3.20 | |
| Assumed investment |
returns | ||||
| -Pre-retirement | 2.95 | ||||
| -Post retirement | 1.70 | ||||
| Deferred pension increases | |||||
| -Pre Apriil 2009 | 3.20 | ||||
| -Post April 2009 | 2 50 | ||||
| Pension increases | 2.70 | ||||
| 2020 | 2019 | ||||
| 6 | 6 | ||||
| Defined Contribution | Plan: | ||||
| Employee contributions | 1,770 | 2,515 | |||
| Employer contributions | 2,213 | 2,729 | |||
| 3,983 | 5,244 | ||||
| Deficiency contributions to Defined Benefit Plan |
2,581 | 2,178 | |||
| 6,564 | 7,422 | ||||
| Basisfor determining | the DBplan pension | liability |