i..1 REDEEMER LHUbtLH Annual Report and Accounts 2021 FOR THE PERIOD IST JANUARY TO 31ST AUGUST 2021 Charity No.II65450
| Statement ofFinancial Activities, | Statement ofFinancial Activities, | |||
|---|---|---|---|---|
| including Income and Expenditure |
||||
| Account, for the period 1stJanuary | ||||
| to 31stAugust 2021 | ||||
| TotalFunds | Total Funds | |||
| Jan-Aug 2021 | Jan-Dec 2020 | |||
| (Unrestricted) | (Unrestricted) | |||
| Notes | E | |||
| INCOME | ||||
| Income and endowments | from: | |||
| Donations, legacies and grants | 85,730 | 93,983 | ||
| Total incoming resources |
85,730 | 93,983 | ||
| EXPENDITURE | ||||
| Expenditure on: |
||||
| Charitable activities |
51,786 | 74,875 | ||
| Total expenditure | 51,786 | 74,875 | ||
| Net income/(expenditure) year |
for the | 33,944 | 19,108 | |
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward | 41,665 | 22,557 | ||
| Total funds carried forward | 75,609 | 41,665 |
| BALANCE SHEH' | BALANCE SHEH' | BALANCE SHEH' | |||
|---|---|---|---|---|---|
| BALANCE SHEETAT31STAUGUST 2021 | |||||
| 31Auguet | December | ||||
| Note | |||||
| ,698 | |||||
| CURRENT ASSETS | |||||
| Debtors | ,097 | F600 | |||
| Cash at bank and in hand | 40,013 | ||||
| otal current assets | ,839 | 41.613 | |||
| CREDITORS. amounts | falling due | ||||
| hin one year | (3,489) | 0,646) | |||
| NET CURRENT ASSETS | |||||
| TOTAL ASSETS LESS | |||||
| CURRENT L)ARiLiT)ES | 41,665 | ||||
| FUNDS OFTHE CHARBY | |||||
| Unrestricted funds |
6,609 | ||||
| These accounts were | approved | bythe | |||
| rustees and signed ontheir behalP. | |||||
| 3Davies- Trustee | |||||
| NlA /pz. | |||||
| H Pearce - Trustee |
| NOTES T | O THE ACCOUNTS | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NOTES TO | |||||||||||||||
| THE | FOR THE PERIOD 1STJANUARY TO 31STAUGUST | 2021 | |||||||||||||
| ACCOUNTS | |||||||||||||||
| Accounting Policies |
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| Basis ofpreparation ofthe accounts |
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| The accounts have been prepared under |
the | historical | cost convention, | ||||||||||||
| with items recognised at |
cost | or | transaction | value. | They | have | been | ||||||||
| prepared in pounds sterling. |
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| The accounts have been prepared in accordance |
with | the Statement | of | ||||||||||||
| Recommended Practice: Accounting |
and | Reporting | by Charities | preparing | |||||||||||
| their accounts in accordance |
with | the | Financial | Reporting | Standard | ||||||||||
| applicable in the UK and |
Republic | of | Ireland | (FRS | 102), | effective | 1st | ||||||||
| January 2019,and with the | Financial | Reporting | Standard | applicable | in | the | |||||||||
| United Kingdom and Republic of Ireland |
(FRS102),and with | the Charities | |||||||||||||
| Act 2011. | |||||||||||||||
| The charity has taken advantage | ofthe exemption | in Financial | Reporting | ||||||||||||
| Standard 102Section 1A Small Entities from the |
requirement | to produce a | |||||||||||||
| Cash Flow Statement. | |||||||||||||||
| The trustees consider that there |
are | no material | uncertainties | about | the | ||||||||||
| charity's ability to continue asa going |
concern. | ||||||||||||||
| The accounts have been prepared | using | the Accruals | method. | ||||||||||||
| Income | |||||||||||||||
| Income includes donations | (including | 615,924 in | gift | aid) | and | income | from | ||||||||
| meetings and booklets. | |||||||||||||||
| Tangible Fixed Assets | |||||||||||||||
| Depreciation is provided at |
the following | annual | rates in | order | to write | off | |||||||||
| each asset over its estimated | useful life: | ||||||||||||||
| Computer and Audio Visual |
equipment | -25%of | cost | ||||||||||||
| Items costing less than 6800are | written | off in the | year ofpurchase. | ||||||||||||
| COST | |||||||||||||||
| Bal bfI/I/21 | 2572 | ||||||||||||||
| Additions | |||||||||||||||
| Balcf31/08/21 | 2572 | ||||||||||||||
| DEPRECIATION | |||||||||||||||
| BaI bf1/I/21 | 874 | ||||||||||||||
| Charge for the 8month period | 429 | ||||||||||||||
| BaIcf31/08/21 | 1303 | ||||||||||||||
| NET BOOK VALUE | |||||||||||||||
| At 31/08/21 | 1,269 | ||||||||||||||
| At 31/12/20 | 1,698 |
| NOTES TO | ||||||||
|---|---|---|---|---|---|---|---|---|
| THE | FOR THE PERIOD 1STJANUARY TO 31STAUGUST 2021 | |||||||
| (CONTINUED) | ||||||||
| Debtors | 2021 | 2020 | ||||||
| Gift aid debtors | 3,097 | 1,600 | ||||||
| 3,097 | 1,600 | |||||||
| Creditors: amounts | falling due | |||||||
| within one year | ||||||||
| 2021 | 2020 | |||||||
| Creditors and Accruals | 3,499 | 1,646 | ||||||
| 3,499 | 1,646 | |||||||
| Charity Funds | ||||||||
| 2021 | 2020 | |||||||
| Unrestricted funds: |
||||||||
| General fund | ||||||||
| Bal bf 1/I/21 | 41,665 | 22,557 | ||||||
| Net income in the | period/year | 33,944 | 19,108 | |||||
| General funds cf31/08/21 | 75,609 | 41,665 | ||||||
| Total Unrestricted | funds | 75,609 | 41,665 | |||||
| Trustee remuneration | and benefits | |||||||
| 2021 | 2020 | |||||||
| Trustees' salaries | 24,995 | 36,540 | ||||||
| Trustees' pensions | paid | 1,685 | 2,424 | |||||
| 26,680 | 38,964 | |||||||
| During the 8month period, Mr H.Pearce was | paid by the | |||||||
| charity as its Pastor. | He did not receive any remuneration | for | ||||||
| his role astrustee. | ||||||||
| Remuneration and employment costs of62,609(2020 |
||||||||
| 65,805)were paid during | the period to Mikka | Parker, wife of | ||||||
| trustee Ben Parker. This | was in relation to her | employment | ||||||
| with the charity. Ben | Parker was not involved | in any | ||||||
| decision-making relating |
to her employment | or | ||||||
| remuneration. | ||||||||
| Trustee expenses | ||||||||
| Speaker fees - Mr M.Nightingale | 475 | |||||||
| Admin expenses - Mr. | H. Pearce | 185 | ||||||
| 660 | ||||||||
| 13 |
| 2021 | 2020 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| INCOME AND | |||||||||||
| ENDOWMENTS | |||||||||||
| Donations, legacies | |||||||||||
| and grants: | |||||||||||
| Donations, including |
church support gifts | 62,225 | |||||||||
| Advance fund | 7,495 | ||||||||||
| Gift aid | 15,924 | 16,271 | |||||||||
| Other income | 86 | ||||||||||
| 85,730 | 93,983 | ||||||||||
| Expenditure | on | ||||||||||
| Charitable | Activities: | ||||||||||
| Salaries and | pension | ||||||||||
| costs | |||||||||||
| Trustees' salaries | 24,995 | 36rI40 | |||||||||
| Trustees' pension costs |
1,685 | 2,424 | |||||||||
| Other wages | 7,359 | 9381 | |||||||||
| Other pension costs | 315 | ||||||||||
| Employers national |
insurance | 981 | |||||||||
| Media work | 325 | 1,235 | |||||||||
| 34+97 | 50,876 | ||||||||||
| Church Activities | |||||||||||
| Sundays - venue hire | 5,919 | 5,289 | |||||||||
| Sundays - guest speaker fees + | refreshments | 1,473 | 1,740 | ||||||||
| Sundays - refreshments | 157 | ||||||||||
| Travel and subsistence | 118 | 138 | |||||||||
| Pastoral costs -hospitality, | courses, books | 261 | 1,050 | ||||||||
| Pastoral - conferences/training | 1,218 | 868 | |||||||||
| Ministry Teams -Worship/ | Audio | Visual equipment | 974 | 1,513 | |||||||
| Ministry Teams - Kids expenses | and DBS | ||||||||||
| Ministry Teams - Students | hospitality | ||||||||||
| Ministry Teams - other | expenses | 919 | 1,467 | ||||||||
| Events expenses | 178 | 287 | |||||||||
| 11,518 | 12,352 | ||||||||||
| Gifts and Donations | 1,050 | 6,815 | |||||||||
| Management | and | ||||||||||
| Aclmin costs | |||||||||||
| Insurance | 384 | 349 | |||||||||
| Payroll administration | costs | 564 | 569 | ||||||||
| Accountancy and independent |
exam fees | 400 | 400 | ||||||||
| Office costs and equipment | 162 | 749 | |||||||||
| Bank charges | 64 | 60 | |||||||||
| Licences and legal fees | 352 | 339 | |||||||||
| Professional/ admin |
fees | 700 | |||||||||
| Health and Safety expenses | 744 | 330 | |||||||||
| Website, software and | zoom costs | 822 | 1,067 | ||||||||
| General expenses | |||||||||||
| 4,192 | 4,188 | ||||||||||
| Depreciation | |||||||||||
| Depreciation ofcomputer | equipment | 644 | 14 | ||||||||
| Total Expenditure | 51,786 | 74,875 |