udburymethodistchurch
embley Circuit- No 35124)
harity ReglstFalion Number 1185218
ccounlsforthe year ended 31 August 2021
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|---|---|
|TABLE OF CONTENTS|page|
|ANNUAL TRUSTEES' REPORT|3-7|
|STATEMENT OF TRUSTEES' RESPONSIBIUTIES||
|INDEPENDENT
EXAMINERS' REPORT||
|STATEMENT OF FINANCIAL ACTIVITIES|10-11|
|BALANCE SHEET|12|
|NOTES TO THE ACCOUNTS|13-20|
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|Statement of Financial||Activities forthe y|ear ended 31|August 2021||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|2021|2020|
||||Notes|Funds|Funds|Total|Total|
|||||E|E|E||
|Income and Endowments|from:|||||||
|Offerings||||20,355||20,355|17,672|
|Grants and Donations||||7,121||7121|3,706|
|Gift aid||||4,803||4,&03|1,932|
|Interest and Investment||income||87|838|925|1,409|
|Rental Income||||66,370||66,370|66,231|
|Other Income||||49,434||49,434|33,330|
|Internal
organisations|||||645|645|1,060|
|Total Income||||148,170|1,483|149,653|125,340|
|Expenditure
on:||||||||
|Charitable
activities||||||||
|Staff costs:||||44,914||44,914|44,587|
|Circuit assessment||||28,000||28,000|32,000|
|Grants and donations|||8||||206|
|Property maintenance|||9|10,191||10,191|23,663|
|Flat Maintenance|||10|646||646||
|Insurance,
utilities|||11|16,349||16,349|15,327|
|Office expenses|||12|2,429||2,429|1,938|
|Other expenditure|||13|4,083|839|4&922|14,578|
|Internal
organisations|||||660|660|1,005|
|Total expenditure||||106,612|1,499|108,111|133,304|
|Net (expenditure)/income||before||41,558|(16)|41,542|(7,964)|
|other recognised
gains and||losses||||||
|Gain on investment
assets|||||8,457|8,457|(3,382)|
|Net movement
in funds||||41,558|8,441|49,999|(11,346)|
|Funds balances at 1September 2020||||3,202,605|37,029|3,239,634|3,250,980|
|Funds balances at31August 2021||||3,244,163|45,470|3,289,633|3,239,634|
|Collections for and||a ments to External|Or anisations|||||
|and Beneficiaries||||||||
|Mission||In Britain|||91|||
|Total|||||91|||
|Offerings and Gifts||passed to External Organisations|||(91)|||
|Balance carried forward||||||||
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|Statement ofFinandal
Activit|Statement ofFinandal
Activit|Statement ofFinandal
Activit|Statement ofFinandal
Activit|ies for the year end|ed 31August 202|1|||
|---|---|---|---|---|---|---|---|---|
|Comparative
year information||||||Unrestricted|Restricted|2020|
|Year ended 31August 2020|||||Notes|Funds|Funds|Total|
|||||||f|E|E|
|Income and Endowments|from:||||||||
|Offerings||||||17,672||17,672|
|Grants and Donations||||||3,706||3,706|
|Gift aid||||||1,932||1,932|
|Interest and Investment|||Income|||485|924|1,409|
|Renta
I Income||||||66,231||66,231|
|Other income||||||32,&84|446|33,330|
|Internal
organisations|||||||1,060|1,060|
|Total income||||||122,910|2,430|125,340|
|Expenditure
on:|||||||||
|Charitable
activities|||||||||
|Staff costs||||||44,587||44,587|
|Circuit assessment||||||32,000||32,000|
|Grants and donations|||||8|206||206|
|Property
Maintenance|||||9|23,663||23,663|
|Insurance,
Utilities|||||10|15,327||15,327|
|Office expenses|||||11|1,938||1,938|
|Other expenditure|||||12|12,168|2,410|14,578|
|Internal
orga nisations|||||13||1,005|1,005|
|Total expenditure||||||129,889|3,415|133,304|
|Net (expenditure)/income||before|||||||
|other recognised
gains and|||losses|||(6,979)|(985)|(7,964)|
|Net expenditure/income|before||||||||
|Gains on investment
assets|||||||(3,382)|(3,382)|
|Net movement
in funds||||||(6,979)|(4,367)|(11,346)|
|Funds balances at 1September 2019||||||3,209,584|41,396|3,250,980|
|Funds balances at 31August||||2020||3,202,605|37,029|3,239,634|
|Collections for and||||a ments to External|Or anisations||||
|and Beneficiaries|||||||||
|st Lukes|||Hospice||||522||
|Mission|||In Britain||||100||
|Total|||||||622||
|Offerings and Gifts||passed to External Organisations|||||(622)||
|Balance carried forward|||||||||
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||||Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|---|
||||Funds|Funds|Total|Total|
|||Notes|f||f|f|
|Fixed Assets|||||||
|Tangible assets||14|3,105,414||3,105,414|3,105,970|
|TMCP||15||39,925|39,925|31,469|
||||3,105,414|39,925|3&145,339|3,137,439|
|Current Assets|||||||
|Debtors|||42,885||42,885|9,143|
|T.M.C.P. Interest funds|||10,575||10,575|10,575|
|Central Finance Board Deposits|||11,582||11,582|38,742|
|Cash at bank and|in hand||76,930|5,545|82,475|50,433|
||||141,972|5,545|147,517|108,893|
|Creditors: amounts|falling due within one year|17|(3,223)||(3,223)|(6,190)|
|Net Current Assets|||138,749|5,545|144,294|102,703|
|Creditors: Amounts|falling due after||||||
|more than one year||18||||(508)|
|Total assets less current liabilities|||3,244,163|45,470|3,289,633|3,239,634|
|Accumulated
funds|||||||
|Unrestricted
funds||21|3,244,163||3&244,163|3,202,605|
|Restricted funds||20||45,470|45&470|37,029|
|Total Funds|||3,244,163|45,470|3,289,633|3,239,634|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||E|E|
|Offering|||||||20,352|16,515|
|Harvest|Supper|||||||963|
|Junior church||||||||194|
||||||||20,355|17,672|
|4.Interests and Investment||||income|||||
||||||Unrestricted|Restricted|2021|2020|
||||||Funds|Funds|Total|Total|
||||||6|E|E|E|
|TMCP Investment||holdings:|||||||
|Dividends||||||838|838|924|
|Interest|||||36||36|91|
|Central|Finance Board||deposit interest||51||51|394|
||||||87|S38|925|1,409|
|S.Rental Income|||||||||
||||||Unrestricted|Restricted|2021|2020|
||||||Funds|Funds|Total|Total|
||||||E|E|E||
|Flat|||||15,120||15,120|15,000|
|Sudbury|Neighbourhood||Centre||51,250||51,250|51,231|
||||||66,370||66,370|66,231|
|6.Other income|6.Other income||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|2021|2020|
||||Funds|Funds|Total|Total|
||||f||f|f|
|Benevolence||||||53|
|Tea||||||14|
|Youth||||||105|
|Flowers|||40||40|150|
|Hall Hire|||17,698||17,698|11,405|
|Church|||30,461||30,461|18,401|
|Half term activities||||||446|
|Other|||1,235||1,235|2,756|
||||49,434||49,434|33,330|
|7. Staff costs|||||||
||||Unrestricted|Restricted|2021|2020|
||||Funds|Funds|Total|Total|
||||f|f|f|f|
|Salaries|||42,959||42,959|43,152|
|Employer|Nl||1,019||1,019|533|
|Pension Costs|||936||936|902|
||||44,914||44,914|44,587|
|&.Grants and Donations|||||||
||||Unrestricted|Restricted|2021|2020|
||||Funds|Funds|Total|Total|
||||f|f|f|f|
|Others||||||206|
|||||||206|
|9.Maintenance||on Church property|||||
||||Unrestricted|Restricted|2021|2020|
||||Funds|Funds|Total|Total|
||||f||f|f|
|Hall decoration||||||8,184|
|Boiler repairs|||696||696|1,944|
|Roof repairs|||5,940||5,940|4,440|
|Car park pavement||repairs||||700|
|Notice Board||||||1,945|
|Heating resseting|||108||10&||
|CCTV repairs|||130||130||
|light repairs|||600||600|420|
|painting various areas ofthe church|||1,745||1,745|1137|
|Caretaking||||||675|
|Toilet repairs||||||300|
|Abestos management
check||||||295|
|Fire and security systems|||137||137|304|
|Cleaning and Waste removal|||835||835|3,319|
||||10,191||10&191|23,663|
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|10.Mainte|nanc|e
on Flat||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|2021|2020|
|||||Funds|Funds|Total|Total|
|||||E|E|6|f|
|Boiler repirs||||156||156||
|Equipment||||490||490||
|11.Insurance,||Utilities||||||
|||||Unrestricted|Restricted|2021|2020|
|||||Funds|Funds|Total|Total|
|||||E|E|E|6|
|Water||||1,127||1,127|1,264|
|Gas / Electricity||||10,946||10,946|9,788|
|Insurance||||4,276||4,276|4,275|
|||||16,349||16,349|15,327|
|12.Office|Expenses / Administration|||||||
|||||Unrestricted|Restricted|2021|2020|
|||||Funds|Funds|Total|Total|
|||||f||6|E|
|Postage and|Stationery|||205||205|443|
|Bank Chages||||32||32||
|Telephone||||211||211|242|
|Inernet/Website/Satelite||||742||742|1,162|
|Investment|fees|||84||84|91|
|Office (Holiday cover)||||1,155||1,155||
|||||21429||2,429|1,938|
|13.Other|expenditure|||||||
|||||Unrestricted|Restricted|2021|2020|
|||||Funds|Funds|Total|Total|
|||||6||6|E|
|Worship Supplies||||584|839|1„423|1,946|
|Organist /Chuch||band|||||4,726|
|overhead
Projector|||||||684|
|Training,
Conference 8 Workshops|||||||231|
|Flowers|||||||640|
|Computer
supplies||||1,090||1,090||
|church equipment||||140||140||
|Connexional|Fund Wembley||Circuit|500||500||
|Equipment|repairs and Maintanance||||||342|
|Professional|fees|||400|||400|
|Youth|||||||969|
|End ofterm|Activities||||||1,486|
|Hospitality|and Refreshments||||||240|
|Harvest Supper|||||||200|
|Junior church|||||||186|
|Equipment|Hire|||734||734|1,586|
|Finance Interest||||79||79|136|
|Depreciation||||556||556|556|
|Gratuities|||||||250|
|||||4,083|839|4,922|14,578|
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|14.Tangibl|e|assets||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Freehold|Fixtures||||
||||||Land &|Fittings &||Office||
||||||Buildings|Equipment|Equipment||Total|
|Cost or valuation|||||f||f|f|f|
|At 1September 2020 &||||||||||
|At 31August||2021|||3,104,952|||2,686|3,107,638|
|Depreciation||||||||||
|At 1September 2020||||||||1,668|1,668|
|Charge for year||||||||556|556|
|At 31August||2021||||||2,224|2,224|
|Carrying Value||||||||||
|At 31August||2021|||3,104,952|||462|3&105,414|
|At 31August||2020||||||||
||||||3,104,952|||1,018|3,105,970|
|The net book value of equipment||||f462 is the value ofassets|held under finance|leases. The|depreciation|charged|in respect of|
|such assets|amounted
to f556for|||the year.||||||
|15.Investments||||||||||
|||||||||2021|2020|
|||||||||f|f|
|Valuation
at||1September 2020|||||31,469||34,851|
|Valuation
changes||||||||8,456|(3,382)|
|Valuation at||31August 2021|||||39,925||31,469|
|investments||held by Central|Finance board||||39,925||31,469|
|At 31August||2021|||||39,925||31,469|
|16.Debtors||||||||||
||||||Unrestricted|Restricted||2021|2020|
||||||Funds|Funds||Total|Total|
||||||f||f|f|f|
|Accruals|||||10,571||10,571||3,672|
|Other Debtors|||||32,314||32,314||5,471|
||||||42,885||42,885||9,143|
|17.Creditors: amounts|||falling|due within one year||||||
||||||Unrestricted|Restricted||2021|2020|
||||||Funds|Funds||Total|Total|
||||||f||f|f|f|
|Obligations|under finance leases||||508|||508|627|
|Accruals|||||2,377|||2,377|5,563|
|Other Creditors|||||338|||338||
||||||3.223|||3.223|6,190|
|18.Creditors: amounts|||falling|due after more than one year||||||
||||||Unrestricted|Restricted||2021|2020|
||||||Funds|Funds||Total|Total|
||||||||f|f|f|
|Obligations|under finance leases||||||||508|
||||||||||Page 19|
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|19.Analysis|ofn|et assets between funds|||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted||2021|
|Fund balances|at 31August 2021are represented||by:||Funds
f||Funds
6|Total
f|
|Tangible fixed|assets||||3,105,414|||3,105,414|
|Investments|||||||39,925|39,925|
|Current assets|||||141,972||5,545|147,517|
|Creditors: amount||falling due within one year|||(3,223)|||(3,223)|
|Creditors: amount||falling due after more than one year|||||||
||||||3,244,163|45,470||3,289,633|
|20.Restricted funds|||||||||
||||Balance as at|||Transfers||Balance as at|
||||01.09.20|Incoming|Outgoing|between|funds|31.08.21|
||||6|6|6||6|E|
|Funds|||||||||
|i.CFBManaged|Equity Fund||31,469|10,589|(2,133)|||39,925|
|ii. Fuel Music Academy|||4,423|645|(660)|||4,408|
|iii. Summer camp/||Emd ofterm Activities|1,137|||||1.137|
||||37,029|11,234|(2,793)|||45,470|
|21.Unrestricted||funds|||||||
||||Balance as at|||Transfers||Balance as at|
||||01.09.20
E|Incoming
f|Outgoing
6|between|funds
f|31.08.21
E|
|Funds|||||||||
|i. Unrestricted|fund||3,199,053|148,170|(106,612)|||3,240,611|
|ii.Junior church|||1,429|||||1,429|
|i. Benevolence|Fund||2.123|||||2.123|
||||3,202,605|148,170|(106,612)|||3,244,163|