## ## |||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|sets between
funds|||| |---|---|---|---|---| |||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|Use of Donations|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|