2020-12-31-accounts - Western Chan Fellowship CIO

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		Page
Trustees' annual report
Independent examiner's report to the trustees
Statement offinancial	activities	12
Statement offinancial	position	13
Notes to the financial	statements	14

Reference a	Reference a	nd adm	inistrative	details	details
Registered		charity	name	Western Chan Fellowship		CIO
Charity registration			number	1166162
Principal	office			46 Wood Park
				lvybridge
				Devon
				PL21 OPP
The trustees				Simon Child
				Alysun Jones
				David Valentine-Hagart
				Fiona Nuttall
				Jeremy Woodward
				Juliet Hackney
				Sara Elloway
				Clare Dobie
				Guy Roberts			(Appointed	5 September 2020)
Company	secretary			Jeremy Woodward
Independent		examiner		Thomas Westcott Chartered			Accountants
				Keith Clay FCA
				Plym House
				3 Longbridge	Road
				Marsh Mills
				Plymouth
				PL6 8LT

						2020		2019
					Unrestricted	Restricted
					funds	funds	Total funds	Total funds
				Note	F	F	F	F
Income and endowments
Donations and legacies Charitable activities Investment income				4 5 6	4446 52,750 545	5,000	9,446 52,750 545	5,387 91,523 869
Other income				7	2,298		2,298	1,279
Total income					60,039	5,000	65,039	99,058
Expenditure
Expenditure on charitable Other expenditure		activities		8 10	63,208 (200)	(5,000)	63,208 (5,200)	87,376
Total expenditure					63,008	(5,000)	58,008	87,376
Transfers between	funds				53,671	(53,671)		11,682
Net income and net movement			in	funds	50,702	(43,671)	7,031	11,682
Reconciliation offunds
Total funds brought	forward				188,740	59,671	248,411	236,729
Total funds carried	forward				239,442	16,000	255,442	248,411

				2020	2019
Fixed assets			Note		E
Tangible fixed assets			15	8,956	10,103
Current assets
Debtors Cash at bank and in	hand		16	6,849 242,335	9,039 261,013
				249,184	270,052
Creditors: amounts	falling	due within one year	17	2,698	31,744
Net current assets				246,486	238,308
Total assets less current		liabilities		255,442	248,411
Net assets				255,442	248,411
Funds ofthe charity
Restricted funds Unrestricted funds				16,000 239,442	59,671 188,740
Total charity funds			18	255,442	248,411

Donations	and lega	cies
				Unrestricted	Restricted	Total Funds
				Funds f	Funds	2020
Donations
Donations	—Fellowship			459		459
Donations Donations Donations	—Support - Property —POTGW	Fund Fund		1,882 2,105	5,000	1,882 5,000 2,105
				4,446	5,000	9,446
				Unrestricted	Restricted	Total Funds
				Funds f	Funds f	2019 f
Donations
Donations	- Fellowship			395		395
Donations Donations Donations	—Support - Property —POTGW	Fund Fund		3,109	1,883	3,109 1,883
				3,504	1,883	5,387
Charitable	activities
			Unrestricted	Total Funds	Unrestricted	Total Funds
Sales of Books and CDs			Funds f 41	2020 f 41	Funds f 382	2019 f 382
Income from Retreat Fees Support Places Given Fellowship Subscriptions Branch Income			43,737 900 3,243 4,829	43,737 900 3,243 4,829	68,768 4,891 3,175 14,307	68,768 4,891 3,175 14,307
			52,750	52,750	91,523	91,523

Investment income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds f	2020 f	Funds f	2019 f
Bank Interest Received		545	545	869	869
Other income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds f	2020 f	Funds f	2019 f
Gift Aid Other Miscellaneous	Income	2,168 130	2,168 130	953 326	953 326
		2,298	2,298	1,279	1,279

Expendi	ture on charitable	activities by fund type
		Unrestricted	Total	Funds	Unrestricted	Total	Funds
		Funds		2020	Funds		2019
		E		E	E
Retreat Branch Support	costs expenses costs	45,063 6,104 12,041		45,063 6,104 12,041	57,580 13,733 16,063		57,580 13,733 16,063
		63,208		63,208	87,376		87,376

9.	Analysis o		fsupport	costs
						Analysis of
						support costs E	Total 2020 f	Total 2019 E
	Communications and			IT		195	195	144
	Finance costs Insurance Depreciation Accountancy and Independent Examiners Fee Advertising, postage and stationery Legal and professional fees Subscriptions					627 3,521 1,147 2,340 3,338 60 416	627 3,521 1,147 2,340 3,338 60 416	2,667 3,336 1,400 2,160 3,529 1,176 413
	Travel					305	305	795
	Meetings					92	92	443
						12,041	12,041	16,063
10.	Other expenditure
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2020
						E	E
	(Gain)/loss		on disposal	oftangible	fixed assets held
	for charity's		own use			(200)	(5,000)	(5,200)
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2019
							F	E
	(Gain)/loss		on disposal	oftangible	fixed assets held
	for charity's		own use
11.	Net income
	Net income		is stated after charging/(crediting):
							2020	2019
							E	E
	Depreciation (Gain)/loss	oftangible on disposal		fixed assets oftangible fixed assets			1,147 (5,200)	1,400

					2020	2019
Fees payable	to the independent		examiner	for:
Independent examination Other financial services		ofthe	financial statements		990 990	1,080 1,440
					1,980	2,520

postage, equipment; stationery, and miscellaneou (2019:4) claimed expenses in the year. Tangible fixed assets	s expenses was Nil	(2019f580).	No trustees
	Fixtures and
	fittings	Books	Total
Cost	E	E	E
At 1 January 2020 and 31 December 2020	6,803	11,470	18,273
Depreciation
At 1 January 2020 Charge for the year	6,803	1,367 1,147	8,170 1,147
At 31 December 2020	6,803	2,514	9,317
Carrying amount
At 31 December 2020		8,956	8,956
At 31 December 2019		10,103	10,103

		2020	2019
			E
Prepayments Other debtors	and accrued income	2,559 4,290	5,246 3,793
		6,849	9,039

17.	Creditors: amounts fa	lling due within	one y	ear
						2020 f	2019
	Accruals and deferred Other creditors	income				2,698	4,383 27,361
						2,698	31,744
18.	Analysis ofcharitable	funds
	Unrestricted funds
		2019	Income		Expenditure	Transfers	2020
		F		E	E		F
	Support Fund Training Fund Publications Fund Equipment and	8,000 3,479 11,019		1,882	(900) (975)		8,982 2,504 11,019
	Property Assets General Funds	6,234 160,008	58,157		(61,133)	125,703 (72,032)	131,937 85,000
		188,740	60,039		(63,208)	53,671	239,442
				2018	Income	Expenditure	2019
				E	E	E
	Support Fund Training Fund Publications Fund Equipment and Property General Funds	Assets	8,000 3,479 11,019 6,234 150,209		4,891 92,284	(4,891) (82,485)	8,000 3,479 11,019 6,234 160,008
	General funds		178,941		97,175	(87,376)	188,740
	Restricted funds
			2019	Income	Expenditure	Transfers	2020
			E	E		E
	Equipment and Property	Fund	59,671	10,000		(53,671)	16,000
			2018	Income	Expenditure	s Transfer	2019
					E		E
	Equipment and Property	Fund	57,788	1,883			59,671

Analysis of net as
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
			F
Tangible fixed assets Current assets Creditors less than 1 year	8,956 233,184 (2,698)	16,000	8,956 249,184 (2,698)
Net assets	239,442	16,000	255,442
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2019
	E	E	E
Tangible fixed assets Current assets Creditors less than 1 year	10,103 210,380 (31,743)	59,671	10,103 270,051 (31,743)
Net assets	188,740	59,671	248,411

Retreat Income and Expenses
	2020	2019
Number of retreats run during the year	4	15
Number ofdays ofretreat provided Number ofpeople paying to attend the retreats	26 50	79 185
	f	f
Income from Retreat Fees paid Support Places given	43,737 900	68,768 4,891
	44,637	73,659
Rent paid for use of Maenllwyd Hire fees paid to centres in England Fees paid to cooks Retreat expenses: food and supplies Booking refunds Support to retreatants	4,187 3,080 1,622 1,972 33,302 900	5,871 15,936, 9,862 11,048 9,972 4,891
	45,063	57,580
Total surplus/(deficit) on Retreat Programme	(426)	16,079
Allocated to:
Funds transferred to the general reserves ofthe charity Funds transferred to the Support Fund	(426)	14,297 1,782
	(426)	16,079

Use of Donations
Support Fund —This is a designated fund. waged people attend retreats. Donations	The donations have been used	are given to help unemployed as follows;		or low
Balance brought forward Donations to the Support Fund Support places given Transfer from General Reserves			2020 8,000 1,882 (900)	2019 8,000 3,109 (4,891) 1,782
			8,982	8,000

Balance brought Donations to the	forward Publication Fund		2020 11,019	2019 11,019
Expenditure from	the Publication	Fund
Transfer from General Reserves
			11,019	11,019

Training Fund —This is a designated fund. Donations have been u	sed as follows;
Balance brought forward Donations to the Training Fund Expenditure from the Training Fund for rent Transfer from General Reserves	2020 3,479 2,105 (3,080)	2019 3,479
	2,504	3,479
Equipment, Property and Asset (EPA) Fund —This is a designated used as follows;	fund. Donations	have been
Balance brought forward Donations to the EPA Fund	2020 6,234	2019 6,234
Expenditure from the EPA Fund
Transfer from Restricted Funds Transfer from General Reserves	53,671 72,032
	131,937	6,234

Balance brought forward Surplus for the year Movement in the Support Fund Movement in the Training Fund Transfer to the EPA Fund Transfer to the Property Fund			2020 160,008 (2,969) (982) 975 (72,032)	2019 150,209 9,900 1,782 (1,883)
			85,000	160,008
Property Fund —This fund is restricted.		Donations	have been used as follows;
Balance brought forward Donations to the Property Fund Gain on disposal ofthe hut Expenditure from the Property	Fund		2020 59,671 5,000 5,000	2019 57,788
Transfer to the EPA Fund Transfer from General Reserves			(53,671)	1,883
			16,000	59,671