## **AMYAND PARK CHAPEL** ## **FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 DECEMBER 2020** **Charity number 1164799** **AMYAND PARK CHAPEL** **INDEX** ## **YEAR ENDED 31 DECEMBER 2020** ||`Page`| |---|---| |`Significant information`|`1`| |`Report of the trustees`|`2 – 3`| |`Report of the independent examiner`|`4`| |`Statement of financial activities`|`5`| |`Balance sheet`|`6`| |`Notes to the financial statements`|`7 – 12`| **1** **AMYAND PARK CHAPEL** **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** ``` Charity number 1164799 Governing document Constitution adopted 18 March 2015. Objects: Amyand Park Chapel (the church) was established under trust deed to bear witness to and promote the historic evangelical protestant faith; to seek to be faithful to the Holy Scriptures (the Bible); to bear a good witness to the neighbourhood, by holding meetings on the Lord’s Day and during the week, as well as providing regular activities for the benefit of the wider community. Address:174 Amyand Park Road Twickenham TW1 3HY Trustees:Mr P F Fountain Mr A P Heathcote Pastor G J Hemmings Mr R J B Mallin Mr P H Brown Mr D P Malam Mr E Mollallegn Mr G L Skilton Mr S P Doyle Independent examiner: David Hughes The Stables Broseley Hall Church Street Broseley TF12 5DG Bankers:Barclays Bank PLC (Richmond Twicken 9) Leicester LE87 2BB ``` **2** ## **AMYAND PARK CHAPEL** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** ``` The trustees submit their annual report and the financial statements for the year ended 31 December 2020. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” revised in 2005 in preparing the annual report and the financial statements of the church. ``` ``` The church was formed on 18 October 1889 and is governed by constitution adopted 18 March 2015 with the objects of ``` - `The advancement of the Christian Faith in accordance with the basis of faith primarily but not exclusively within Twickenham, the surrounding neighbourhood and globally` - `Such other charitable purposes as shall, in the opinion of the managing trustees further the work of the church.` ``` The church was originally excepted from registration under the Charities Act by virtue of the church being registered under the Places of Worship Registration Act 1855. On 10 December 2015, the church registered with the Charity Commission under reference number 1164799. ``` ## **Activities** ``` The church was established with the aim of promoting the evangelical protestant religion and this is continued through public worship on the Lord’s Day and other meetings during the week, including meetings for children and young people. During the year, the church continued to pursue this aim. ``` ``` We actively seek to engage with the public in variety of ways in order to explain the Christian faith, present the message of the Gospel and to demonstrate practical Christian living in ways that benefit the community. Members of the church are encouraged to persevere and grow in their faith, receiving pastoral care, teaching and opportunities to serve the fellowship and the community. ``` ``` The church is affiliated to the Fellowship of Evangelical Churches (FIEC), a grouping of over 600 independent evangelical churches throughout the UK. We contribute to wider gospel work in the UK through our membership of FIEC. We also encourage interest in and support for other Christian organisations and individuals who seek to advance the Christian faith or undertake charitable works in the UK or overseas. ``` ``` The church holds public meetings for worship, preaching, teaching and prayer, fellowship groups for men, women, children, youth and the elderly, engages in personal evangelism, pastoral visiting of the sick and shut-in and much more. All this is undertaken by our paid staff and other volunteers of all ages drawn from the membership. The church’s activities are financed almost entirely by the voluntary giving of church members and other regular attenders; we do not engage in fund raising activities. ``` ## **Results** ``` The attached financial statements disclose the financial position of the church at 31 December 2020. The trustees acknowledge once again that the continuing healthy financial position disclosed is due to the goodness of God in blessing this work. ``` ## **Reserves policy** ``` In general, the policy of the trustees is to distribute substantially all of the income of the restricted funds during the year subject to suitable needs being identified and to retain a working balance within the general account to provide a contingency to meet routine expenditure in the event of a reduction in offerings. ``` ## **Assessment of risks** ``` The trustees confirm that they have considered the major risks to which the charity is exposed and that systems have been designed and established to mitigate those risks. ``` ## **Trustees** ``` The trustees in office during the year and at the date of this report are set out on page 1. ``` ``` Trustees are appointed by the church. ``` ``` The trustees fulfil their duty to have regard to the Charity Commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant. ``` ## **Responsibilities of the trustees** ``` Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the end of the year and of its financial activities during the year then ended. In preparing those financial statements the trustees are required to:- ``` - `select suitable accounting policies and apply them consistently;` - `make judgements and estimates that are reasonable and prudent;` - `state whether the policies adopted are in accordance with the Statement of Recommended Practice “Accounting by Charities” and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;` - `prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue.` **3** ## **AMYAND PARK CHAPEL** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** ``` The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities. ``` ``` Approved by the trustees and signed on their behalf by: - ``` ``` Trustee ``` ``` 6 April 2022 ``` **4** **REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF** ## **AMYAND PARK CHAPEL** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** ``` I report to the trustees on the accounts of Amyand Park Chapel for the year ended 31 December 2020 which are set out on pages 5 to 10. ``` ## **Responsibilities and basis of report** ``` As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011(‘the Act’). ``` ``` I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ``` ## **Independent examiner's statement** ``` I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: ``` - `the accounting records were not kept in respect of the Charity as required by section 130 of the Act; or` - `the accounts do not accord with the accounting records; or` - `the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.` ``` I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` David Hughes ACCA The Stables Broseley Hall Church Street Broseley TF12 5DG ``` ``` 6 April 2022 ``` **5** ## **AMYAND PARK CHAPEL** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** |**_`Note`_**
**Income from:**
`Donations`
`Gift aid tax repayments`
`Rental income`
`Investment income: interest receivable`
_`Other income`_
`Book and literature table`
`Church houseparty`
**Total**
**Expenditure on:**
`Charitable activities`
**_`2`_**
**Total**
**Net income**
`Transfers between funds`
`Gains on revaluation of fixed assets`
`Net movement in funds`
**Reconciliation of funds**
`Total funds brought forward`
**Total funds carried forward**|**_`Unrestricted funds`_**
**_`Restricted`_**
**_`funds`_**
**_`Capital Fund`_**
**_`2020`_**
**_`2019`_**
**_`General`_**
**_`Fund`_**
**_`Designated`_**
**_`funds`_**
**_`£`_**
**_`£`_**
**_`£`_**
**_`£`_**
**_`£`_**
**_`£`_**
`138,590.37`
`882.09`
`20,394.27`
`-`
`159,866.73`
`176,674.13`
`27,496.18`
`-`
`-`
`-`
`27,496.18`
`30,402.03`
`44.21`
`-`
`-`
`-`
`44.21`
`2,526.94`
`98.50`
`-`
`-`
`-`
`98.50`
`292.35`
`-`
`-`
`-`
`-`
`-`
`21,719.12`| |---|---| ||`166,229.26`
`882.09`
`20,394.27`
`-`
`187,505.62`
`231,614.57`| ||`173,043.17`
`19,100.00`
`6,107.25`
`200.00`
`198,450.42`
`254,397.92`| ||`173,043.17`
`19,100.00`
`6,107.25`
`200.00`
`198,450.42`
`254,397.92`| ||`(6,813.91)`
`(18,217.91)`
`14,287.02`
`(200.00)`
`(10,944.80)`
`(22,783.35)`
`(4,000.00)`
`(417,675.00)`
`1,000.00`
`420,675.00`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`51,582.00`| ||`(10,813.91)`
`(435,892.91)`
`15,287.02`
`420,475.00`
`(10,944.80)`
`28,798.65`
`2,582.77`
`833,577.31`
`5,270.65`
`2,089,661.00`
`2,931,091.73`
`2,902,293.08`| ||`(8,231.14)`
`397,684.40`
`20,557.67 `
`2,510,136.00`
`2,920,146.93`
`2,931,091.73`| ``` The statement of financial activities includes all gains and losses recognised in the period. All incoming resources and resources expended derive from continuing activities. ``` **6** **AMYAND PARK CHAPEL BALANCE SHEET** ## **AS AT 31 DECEMBER 2020** |**FIXED ASSETS**
**_`Note`_**
`Tangible assets`
**_`5`_**
**CURRENT ASSETS**
`Prepayments`
`Gift aid tax refund due`
`Cash at bank and in hand`
**LIABILITIES:**
`Creditors: amounts falling due within one year`
`Other creditors`
**NET CURRENT ASSETS**
**TOTAL NET ASSETS**
**THE FUNDS OF THE CHARITY**
`Unrestricted General Fund`
**_`6`_**
`Unrestricted Designated funds`
**_`6`_**
`Restricted funds`
**_`6`_**
`Capital Fund`
**_`6`_**
**TOTAL CHARITY FUNDS**|**_`2020`_**
**_`£`_**
**_`£`_**
`2,510,136.00`
`2,536.00`
`23,000.00`
`386,837.61`
`412,373.61`
`(2,362.68)`
`410,010.93`
`2,920,146.93`
`(8,231.14)`
`397,684.40`
`20,557.67`
`2,510,136.00`
`2,920,146.93`|**_`2020`_**
**_`£`_**
**_`£`_**
`2,510,136.00`
`2,536.00`
`23,000.00`
`386,837.61`
`412,373.61`
`(2,362.68)`
`410,010.93`
`2,920,146.93`
`(8,231.14)`
`397,684.40`
`20,557.67`
`2,510,136.00`
`2,920,146.93`|**_`2019`_**
**_`£`_**
**_`£`_**
`2,089,661.00`
`2,235.00`
`23,000.00`
`818,647.65`
`843,882.65`
`(2,451.92)`
`841,430.73`
`2,931,091.73`
`2,582.77`
`833,577.31`
`5,270.65`
`2,089,661.00`
`2,931,091.73`|**_`2019`_**
**_`£`_**
**_`£`_**
`2,089,661.00`
`2,235.00`
`23,000.00`
`818,647.65`
`843,882.65`
`(2,451.92)`
`841,430.73`
`2,931,091.73`
`2,582.77`
`833,577.31`
`5,270.65`
`2,089,661.00`
`2,931,091.73`| |---|---|---|---|---| ||`412,373.61`
`(2,362.68)`||`843,882.65`
`(2,451.92)`|| |||||| |||`2,920,146.93`||`2,931,091.73`| |||`(8,231.14)`
`397,684.40`
`20,557.67`
`2,510,136.00`||`2,582.77`
`833,577.31`
`5,270.65`
`2,089,661.00`| |||`2,920,146.93`||`2,931,091.73`| ``` Approved by the trustees on 6 April 2022 and signed on their behalf by: ``` ``` Trustee ``` **7** **AMYAND PARK CHAPEL NOTES TO THE FINANCIAL ACTIVITIES** **FOR THE YEAR ENDED 31 DECEMBER 2020** ## **1 ACCOUNTING POLICIES** ## **Basis of accounting** ``` Amyand Park Chapel is an unincorporated charity registered in England and Wales. The principal address is 174 Amyand Park Road, Twickenham TW1 3HY. ``` ``` These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standards Applicable in the UK and Republic of Ireland“ (“FRS 102”), “Accounting and Reporting by Charities”, the Statement of Recommended Practice for Charities Applying FRS 102 , the Charities Act 2011 and UK Generally Accepted Accounting Practice. The charity is a public benefit entity as defined by FRS 102. ``` ``` The financial statements are prepared in sterling, which is the functional currency of the charity. ``` ``` The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. ``` ``` The principal accounting policies adopted are set out below. ``` ## **Going concern** ``` At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continuing operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ``` ## **Incoming resources** ``` Donations and other incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: ``` - `Voluntary income is received by way of donations and gifts and is included in full in the SOFA when receivable.` - `Investment income is included when receivable.` - `Incoming resources from tax claims are included in the SOFA at the same time as the gift to which they relate.` - `Incoming resources from fundraising are reported gross in the SOFA.` ``` The general account includes Sunday offerings and other unrestricted gifts which may be used for any purpose within the terms of the trust deed. Other gifts received for specified purposes are recorded in a restricted fund. Legacies and interest received are recognised in the general fund. The general fund and the capital fund are unrestricted funds. The missionary fund is a designated fund. ``` ## **Resources expended** ``` All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. ``` - `Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.` - `Governance costs are those costs associated with meeting the constitutional and statutory requirements of the charity and include independent examination fees and costs linked to the strategic management of the charity.` ## **Funds** ``` Unrestricted funds are available for the use at the discretion of the trustees in furtherance of the general activities of the charity. ``` ``` Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. ``` ## **Fixed assets** ``` Property is included in the balance sheet at cost or where this is not available at the trustees’ estimate of the value. No depreciation is provided in respect of freehold property. ``` ``` Depreciation is provided at rates calculated to write off the cost of each asset over its estimated useful life. ``` ## **Stocks** ``` No value is attributed to the value of the book room stock. ``` **8** ## **AMYAND PARK CHAPEL** ## **NOTES TO THE FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** ## **2 EXPENDITURE ON CHARITABLE ACTIVITIES** |
**ACTIVITIES**
`Salaries and other staff costs`
`Pastoral and ministry costs`
`Church houseparty`
`Property costs`
`Other costs`|**_`Unrestricted funds`_**
**_`Restricted`_**
**_`funds`_**
**_`Capital Fund`_**
**_`General Fund`_**
**_`Designated`_**
**_`funds`_**
**_`£`_**
**_`£`_**
**_`£`_**
**_`£`_**
`134,590.62`
`-`
`-`
`-`
`24,317.64`
`19,100.00`
`6,107.25`
`200.00`
`2,350.08`
`-`
`-`
`-`
`6,066.90`
`-`
`-`
`-`
`5,717.93`
`-`
`-`
`-`|**_`2020`_**
**_`2019`_**
**_`£`_**
**_`£`_**
`134,590.62`
`120,561.23`
`49,724.89`
`95,321.76`
`2,350.08`
`26,839.75`
`6,066.90`
`8,612.25`
`5,717.93`
`3,062.93`| |---|---|---| ||`173,043.17`
`19,100.00`
`6,107.25`
`200.00`|`198,450.42`
`254,397.92`| ## **3 MISSIONARY PAYMENTS** |**MISSIONARY PAYMENTS**
`Addis Baptist Church Ethiopia`
`Andy Ball`
`Barnabas Fund`
`Blythswood Care`
`Christian Witness to Israel`
`Cranford Support`
`European Missionary Fellowship`
`Istvan Salanki`
`Jeyakanth’s support`
`Mark and Gill Newham`
`Open Air Mission`
`SASRA`
`Stanwell Congregational Church`
`UFM Worldwide`|**_`2020`_**
**_`2019`_**
**_`£`_**
**_`£`_**
`4,800.00`
`4,800.00`
`-`
`1,000.00`
`175.00`
`-`
`175.00`
`-`
`500.00`
`500.00`
`500.00`
`-`
`1,800.00`
`1,500.00`
`1,000.00`
`7,000.00`
`5,100.00`
`-`
`1,000.00`
`500.00`
`-`
`850.00`
`850.00`
`-`
`850.00`
`2,800.00`
`1,500.00`| |---|---| ||`19,100.00`
`18,100.00`| |**4**
**FUNDS SUMMARY**
**Unrestricted funds**
`General Fund`
`Designated funds:`
`Missionary Fund`
`Special Fund (10 Court Road proceeds)`
**Restricted funds**
`Benevolent Fund`
`Designated Gifts Fund`
`Ethiopian Church Fund`
`Reserve Fund`
`Robin Asgher Fund`
`Sri Lanka Pastoral Work Fund`
**Capital Fund**|**_`Balance as at`_**
**_`1 January`_**
**_`2020`_**
**_`Incoming`_**
**_`resources`_**
**_`Outgoing`_**
**_`resources`_**
**_`Transfers`_**
**_`Revaluations`_**
**_`Balance as at`_**
**_`31 December`_**
**_`2020`_**
**_`£`_**
**_`£`_**
**_`£`_**
**_`£`_**
**_`£`_**
**_`£`_**
`2,582.77`
`166,229.26`
`(173,043.17)`
`(4,000.00)`
`-`
`(8,231.14)`
`19,200.00`
`-`
`(19,100.00)`
`16,600.00`
`-`
`16,700.00`
`814,377.31`
`882.09`
`-`
`(434,275.00)`
`-`
`380,984.40`
`-`
`7,471.25`
`-`
`-`
`-`
`7,471.25`
`500.00`
`3,317.25`
`(3,299.75)`
`500.00`
`-`
`1,017.50`
`59.92`
`12.58`
`(60.00)`
`-`
`-`
`12.50`
`2,516.90`
`145.69`
`-`
`-`
`-`
`2,662.59`
`-`
`247.50`
`(247.50)`
`-`
`-`
`-`
`2,193.83`
`9,200.00`
`(2,500.00)`
`500.00`
`-`
`9,393.83`
`2,089,661.00`
`-`
`(200.00)`
`420,675.00`
`-`
`2,510,136.00`| |---|---| ||`2,931,091.73`
`187,505.62`
`(198,450.42)`
`-`
`-`
`2,920,146.93`| **9** ## **AMYAND PARK CHAPEL** ## **NOTES TO THE FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** ## **5 TANGIBLE FIXED ASSETS** |||| |---|---|---| |**TANGIBLE FIXED ASSETS**
**Cost:**
`As at 1 January 2020`
`Additions`
`Disposals`
`Revaluation`
`As at 31 December 2020`
**Depreciation:**
`As at 1 January 2020`
`Charge for the period`
`Eliminated on disposals`
`Revaluation`
`As at 31 December 2020`
**Net book value:**
`As at 31 December 2020`
`As at 31 December 2019`|**_`Freehold land and buildings`_**
**_`Minibuses`_**
**_`Church`_**
**_`building`_**
**_`Manse`_**
**_`10 Court Way`_**
**_`£`_**
**_`£`_**
**_`£`_**
**_`£`_**
`1,000,000.00`
`1,087,661.00`
`-`
`10,160.00`
`-`
`420,675.00`
`-`
`-`
`-`
`-`
`-`
`-`|**_`Other assets`_**
**_`Total`_**
**_`£`_**
`-`
`2,097,821.00`
`-`
`420,675.00`
`-`
`-`| ||`1,000,000.00`
`1,508,336.00`
`-`
`10,160.00`|`-`
`2,518,496.00`| ||`-`
`-`
`-`
`8,160.00`
`-`
`-`
`-`
`200.00`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`-`
`8,160.00`
`-`
`200.00`
`-`
`-`
`-`
`-`| ||`-`
`-`
`-`
`8,360.00`|`-`
`8,360.00`| ||`1,000,000.00`
`1,508,336.00`
`-`
`1,800.00`|`-`
`2,510,136.00`| ||`1,000,000.00`
`1,087,661.00`
`-`
`2,000.00`|`-`
`2,089,661.00`| - `(a) Church building with adjoining halls` ``` These properties have been valued by the trustees as at 31 December 2020 at a value of £1,000,000. They will be valued commercially in due course. They are free of financial encumbrances. ``` ## `(b) Manse: situated at 160 Amyand Park Road` ``` Since its purchase in 1994, the pastor owned a proportion of this property, in a ratio of 48¼ to 173. During the year under review, the church purchased that share and now owns 100% of the property. The current value of the church’s share of the property has been valued by the trustees (according to local conditions) as at 31 December 2020 at a value of £1,508,336.00 (2019: £1,087,661.00). ``` - `(c) Other assets` ``` The church owns two minibus vehicles. The white minibus is valued at £1,400.00 and the blue minibus at £400.00. ``` **10** ## **AMYAND PARK CHAPEL NOTES TO THE FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020** |**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
`As at 31 December 2020`
**Unrestricted funds**
`General Fund`
`Missionary Fund`
`Special Fund`
**Restricted funds**
`Benevolent fund`
`Ethiopian Church Fund`
`Reserve Fund`
`Designated Gifts Fund`
`Sri Lanka Pastoral Work Fund`
**Capital fund**
`As at 31 December 2019`
**Unrestricted funds**
`General Fund`
`Missionary Fund`
`Special Fund`
**Restricted funds**
`Ethiopian Church Fund`
`Reserve Fund`
`Designated Gifts Fund`
`Sri Lanka Pastoral Work Fund`
**Capital fund**|**_`Fixed assets`_**
**_`Current`_**
**_`assets`_**
**_`£`_**
**_`£`_**
`-`
`(5,868.46)`
`-`
`16,700.00`
`-`
`380,984.40`
`-`
`7,471.25`
`-`
`12.50`
`-`
`2,662.59`
`-`
`1,017.50`
`-`
`9,393.83`
`2,510,136.00`
`-`|**_`Creditors:`_**
**_`amounts`_**
**_`falling due`_**
**_`within one`_**
**_`year`_**
**_`Net assets`_**
**_`£`_**
**_`£`_**
`(2,362.68)`
`(8,231.14)`
`-`
`16,700.00`
`-`
`380,984.40`
`-`
`7,471.25`
`-`
`12.50`
`-`
`2,662.59`
`-`
`1,017.50`
`-`
`9,393.83`
`-`
`2,510,136.00`| |---|---|---| ||`2,510,136.00`
`412,373.61`|`(2,362.68)`
`2,920,146.93`| ||**_`£`_**
**_`£`_**
`-`
`5,034.69`
`-`
`19,200.00`
`-`
`814,377.31`
`-`
`59.92`
`-`
`2,516.90`
`-`
`500.00`
`-`
`2,193.83`
`2,089,661.00`
`-`|**_`£`_**
**_`£`_**
`(2,451.92)`
`2,582.77`
`-`
`19,200.00`
`-`
`814,377.31`
`-`
`59.92`
`-`
`2,516.90`
`-`
`500.00`
`-`
`2,193.83`
`-`
`2,089,661.00`| ||`2,089,661.00`
`843,882.65`|`(2,451.92)`
`2,931,091.73`| - **6 ANALYSIS OF NET ASSETS BETWEEN FUNDS** ## **7 STAFF COSTS** |`The charity has two full-time employees. Total staff costs in the period were as follows:`
`Wages and salaries`
`Social security costs`
`Employer’s pension contributions`|**_`2020`_**
**_`2019`_**
**_`£`_**
**_`£`_**
`114,281.49`
`101,640.75`
`5,852.80`
`5,194.04`
`10,004.10`
`8,491.85`| |---|---| ||`130,138.39`
`115,326.64`| ``` Pastor G J Hemmings and Mr S P Doyle received remuneration in respect of their pastoral services (not their trustee services) during the year. Their remuneration is included in the above analysis. One of the other four employees of the charity is Mrs A Hemmings. ``` ``` The charity has indemnity insurance to protect it from loss arising from neglect or defaults of its trustees, employees or agents and to indemnify the trustees or officers against the consequences of any neglect or default on their part. The cost in 2020 was £298.93 (2019: £287.93). ``` **8 INDEMNITY INSURANCE**