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|---|---|---|---|
|Reference and administrative||details||
|Report ofthe|Trustees||2-5|
|Independent|Examiner's
Report|||
|Statement of|FinancialActivities|||
|Balance Sheet||||
|Notes to the Financial Statements|||9 - 13|
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|||||Year to 05.04.2021||Yearto|
|---|---|---|---|---|---|---|
|ALL ITEMS RELATE TO UNRESTRICTED|||General|Designated||05.04.2020|
|FUNDS|||Fund|Fund|Total|Total|
||||E|E|E|6|
|INCOME FROM|||||||
|Contributions
from the Congregation|||35,640|18,075|53,715|33,765|
|Gift-Aid Donations|||49,205||49,205|97,362|
|Income Tax Repayable
on Gift-Aid|||12,301||12,301|24,341|
|Payroll Giving|||1,213||1,213|1,788|
|Other Donations|||168,075||168,075|175,180|
|Legacies|||8,000||8,000|0|
|TOTAL INCOMING
RESOURCES|||274,434|18,075|292,509|332,436|
|EXPENDITURE ON|||||||
|MEETING HALL RUNNING|COSTS||||||
|Council Tax Repayment|||0||0|(8,007)|
|Light, Heat, Water|||2,027||2,027|6,191|
|Repairs and Maintenance|||4,862||4,862|4,324|
|Cleaning
and Janitorial|||0||0|1,018|
|Telephone
and Broadband|||507||507|460|
|Insurance|||2,049||2,049|1,966|
|Professional
Expenses|||0||0|688|
|Sundry|||104||104|140|
|Interest Payable|||975||975|1,544|
|Depreciation|||928||928|1,237|
||||11,452||11,452|9,561|
|OTHER CHARITABLE ACTIVITIES|||||||
|Congregation
Support|||0|17,325|17,325|0|
|Sundry Events|||0||0|440|
|Planning
Consultancy
—Fox Lane|||972||972|1,027|
|Donated Services||Note 7|5,776||5,776|6,483|
|GOVERNANCE
COSTS|||||||
|Accountancy
and Independent||Examiner|3,930||3,930|3,546|
|Professional
Support Costs|||2,370||2,370|1,474|
|TOTAL RESOURCES EXPENDED||Note 8|24,500|17,325|41,825|22,531|
|NET SURPLUS FOR THE YEAR|||249,934|750|250,684|309,905|
|TOTAL FUNDS BROUGHT FORWARD|||2,692,573|0|2,692,573|2,382,668|
|TOTAL FUNDS CARRIED FORWARD|||2,942,507|750|2,943,257|2,692,573|
|Note 12|||||||
|||||BRACKLEY FOX LANE GOSPEL HALL TRUST
BALANCE SHEET AS AT 5™
APRIL 2021|BRACKLEY FOX LANE GOSPEL HALL TRUST
BALANCE SHEET AS AT 5™
APRIL 2021|||
|---|---|---|---|---|---|---|---|
|||||||As at|As at|
||||||Notes|Q~002|Q5$4.202Q|
|TANGIBLE FIXED|ASSETS||||1.5 Ik 2|||
|Freehold Pro ert|—Per|Schedule||||||
|Meeting
Hall at Fox Lane,|||Brackley|||1,500,000|1,500,000|
|Meeting
Hall at Mallard||Drive, Buckingham||||152,870|152,870|
|Property
and Land at High Cross,|||||Syresham|1,038,423|990,458|
|||||||2,691,293|2,643,328|
|Furniture
Fittings|and Equipment|||||2,784|3,712|
|TOTAL FIXEDASSETS||||||2,694,077|2,647,040|
|INVESTMENT||||||||
|In Unistruct
Limited||||||||
|CURRENT ASSETS||||||||
|Debtors||||||12,560|39,460|
|Prepayments||||||21,476|1,310|
|Bank Accounts||||||504,780|320,440|
|||||||538,816|361,210|
|LESS:CURRENT LIABILITIES||||||||
|Amounts
Fallin|Due Within|||One Year||||
|Creditors||||||(6,724)|(8,222)|
|Accruals||||||(4,414)|(3,957)|
|Unsecured
Loans||||||(278,500)|(303,500)|
|||||||(289,638)|(315,679)|
|NET CURRENT ASSETS||||||249,178|45,531|
|NET ASSETS||||||2,943,257|2,692,573|
|Represented
by:-||||||||
|FUNDS —UNRESTRICTED|||FUNDS|||||
|General
Fund||||||1,959,334|1,709,400|
|Designated
Fund||||||750|0|
|||||||1,960,084|1,709,400|
|REVALUATON
RESERVE||||||983,173|983,173|
|TOTAL FUNDS|||||12|2,943,257|2,692,573|
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|date that have a significant
risk ofcausing a m
within the next reporting
period.|date that have a significant
risk ofcausing a m
within the next reporting
period.|date that have a significant
risk ofcausing a m
within the next reporting
period.|aterial
adjust|m|ent|tothe carrying amounts ofassets and liabilities|tothe carrying amounts ofassets and liabilities|tothe carrying amounts ofassets and liabilities|tothe carrying amounts ofassets and liabilities|
|---|---|---|---|---|---|---|---|---|---|
|From 18'" March 2020, the Trust temporarily|||ceased using||the|Gospel Halls which it operates, due to the globa
I||||
|COVID-19 pandemic|and|the generallockdown|imposed
by||the|Government.
The Trustees do not consider that||||
|the COVID-19 pandemic||will have any effect|on the ability||ofthe||Trust to continue as a going concern.|||
|TANGIBLE FIXEDASSETS||||||||||
||||h tdd|||8||||
|||Meeting
Hall,|Meeting|Hall,|||Property
and|Furniture,||
|COST OR VALUATION||Fox Lane,
~Bracklef|Mallard
~hhi|Drive
h|||Land, High Cross
~Sresham|Fittings and
~8811|Total
f|
|As at06.04.2020||1,500,000|152,870||||990,458|17,238|2,660,566|
|Additions
in Year||0|||0||47,965|0|47,965|
|As at05.04.2021||1,500,000|152,870||||1,038,423|17,238|2,708,531|
|DEPRECIATION||||||||||
|As at 06.04.2020|||||||0|13,526|13,526|
|Charge for Year|||||||0|928|928|
|As at 05.04.2021|||||||0|14,454|14,454|
|NET BOOK VALUE||||||||||
|At05.04.2021||1,500,000|152,870||||1,038,423|2,784|2,694,077|
|At 05.04.2020||1,500,000|152,870||||990,458|3,712|2,647,040|
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|7.|DONATED SER|DONATED SER|VIC|ES||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||These were:-|||||||||||Yearto|Year to|
|||||||||||||05.04.2021|05.04.2020|
||To Cherwell|Gospel||Hall Trust||||||||||
||- For Meeting||Hall|Running|Expenses|||||||5,776|6,483|
|8.|RESOURCES|EXPENDED||||||||||||
||||||||Year to 05.04.2021||||||Year|
|||||||Meeting||Hall||Other Charitable|||to|
||||||~Ri|||C|t|INi|bi|Totals|05.04.2020|
||||||||||||f|f||
||Direct Costs|||||11,452||||24,073||35,525|17,511|
||Support Costs||||||1,481||||889|2,370|1,474|
||Governance|Costs|||||2,455||||1,475|3,930|3,546|
|||||||15,388||||26,437||41,825|22,531|
||Governance|and Support Costs are|||||allocated|||on the basis of relevant||involvement||
|9.|INDEPENDENT||EXAMINER'5|||FEES||||||||
||These were:-|||||||||||Yearto|Yearto|
|||||||||||||05.04.2021|05.04.2020|
|||||||||||||E|E|
|||||||||||||1,170|1,170|
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|11.|ANAL
N
AS ETS|BETWEEN FUNDS||||||
|---|---|---|---|---|---|---|---|
|||||General||||
||||Unrestricted||Designated||Total|
||AS AT 5™
APRIL 2021|||Fund
f|Fund
f||Funds
f|
||Tangible
Fixed Assets||2,694,077|||0|2,694,077|
||Investment|||2||0|2|
||Current Assets|||538,066||750|538,816|
||Current
Liabilities|||(289,638)||0|(289,638)|
||Total Funds||2,942,507|||750|2,943,257|
||ASAT 5~ APRIL 2020|||||||
||Tangible
Fixed Assets||2,647,040||||2,647,040|
||Investment|||2|||2|
||Current Assets|||361,210|||361,210|
||Current
Liabilities|||(315,679)|||(315,679)|
||Total Funds||2,692,573||||2,692,573|
||There were No Designated|Funds at 5" April|2020.|||||
||There were No Restricted|Funds at anytime|in the|2 Years to 5'" April 2021.||||
|12.|MOVEMENTS
IN FUNDS|||||||
|||Opening|Incoming||Resources||Closing|
|||Balance|Resources||~fx ended||Balance|
|||f|||||f|
||YEAR TO 5~ APRIL 2021|||||||
||Unrestricted
Funds|||||||
||General
Fund|1,709,400||274,434|(24,500)||1,959,334|
||Designated
Fund|0||18,075|(17,325)||750|
||Revaluation
Reserve|983,173||0||0|983,173|
||Total Funds|2,692,573||292,509|(41,825)||2,943,257|
||YEAR TO 5™
APRIL 2020|||||||
||Unrestricted
Funds|||||||
||General
Fund|1,399,495||332,436|(22,531)||1,709,400|
||Revaluation
Reserve|983,173||0||0|983,173|
||TotalFunds|2,382,668||332,436|(22,531)||2,692,573|
##
||The following t|ransactions|are re|ported:-|||
|---|---|---|---|---|---|---|
||||||As at|As at|
||||||05.04.2021|05.04.2020|
|(a)|Loans to the Trust||||E|f|
||By Probox Systems
L.L.P.||||100,000|100,000|
||(ofwhich Mr. Simon P.Wells is a Partner)||||||
||By immediate|relatives of|Trustees (as defined)||5,000|5,000|
||Loans bearin|Interest|1/SS|er annum|||
||By immediate|relatives of|Trustees (as defined)||65,000|65,000|
||||||170,000|170,000|
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|Year to|Yearto|
|---|---|
|05.04.2021|05.04.2020|
|E|E|
|71,825|94,250|
|were:-||
|---|---|
|Yearto|Yearto|
|05.04.2021|05.04.2020|
|E|E|
|42,233|27,103|