| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 7 | to | 8 | |
| Notes to the Financial Statements | 9 | to | 16 | |
| Detailed Statement ofFinancial Activities | 17 | to | 18 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | |||||
| fund | funds | |||||
| Notes | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
174,244 | 209,035 | ||||
| Charitable activities |
||||||
| The fuitherance ofthe |
Christian | faith | 11,486 | 36,221 | ||
| Other trading activities Investment income |
40,700 41,681 |
38,732 9,865 |
||||
| Total | 268,111 | 293,853 | ||||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| The furtherance ofthe |
Christian | faith | 231,231 | 160,843 | ||
| NET INCOME | 36,880 | 133,010 | ||||
| RECONCILIATION | OF FIJNDS | |||||
| Total funds brought | forward | 1 763 163 | 1 630 153 | |||
| TOTAL FUNDS CARRIED | FORWARD | 1,800,043 | 1,763,163 |
| 202 1 | 2020 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | ||||
| FIXEDASSFTS | ||||
| Tangible assets | 1 024 658 | 818528 | ||
| CURRENT ASSETS | ||||
| Debtors | 12 | 764,981 | 979,538 | |
| Cash at bank and in hand | 278,254 | 262,949 | ||
| 1,043,235 | 1,242,487 | |||
| CREDITORS | ||||
| Amounts falling due within |
one year | 13 | (83,307) | (68,157) |
| NET CURRENT ASSETS | 959,928 | 1,174,330 | ||
| TOTAL ASSETS LESSCURRENT | ||||
| LIABILITIES | 1,984,586 | 1,992,858 | ||
| CREDITORS | ||||
| Amounts falling due after |
more than one year | 14 | (184,543) | (229,695) |
| NET ASSETS | 1,800,043 | 1,763, 163 | ||
| FUNDS | 16 | |||
| Unrestricted funds |
1,800,043 | 1,763,163 | ||
| TOTAL FUNDS | 1,800,043 | 1,763,163 |
| DONATIONS | DONATIONS | AND LEGACIES | AND LEGACIES | |||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| Gifts | 134,269 | 180,740 | ||||||
| Gift aid | 39,975 | 28,295 | ||||||
| 174,244 | 209,035 | |||||||
| 3. | OTHER TRADING ACTIVITIES | |||||||
| 2021 | 2020 | |||||||
| Fundraising | / trading | 40,700 | 38,732 | |||||
| 4. | INVESTMENT INCOME | |||||||
| 2021 | 2020 | |||||||
| Deposit account interest Loan interest received |
92 41,589 |
361 9,504 |
||||||
| 41,681 | 9,865 | |||||||
| 5. | CHARITABLE ACTIVITIES | COSTS | ||||||
| Grant | ||||||||
| funding of | ||||||||
| Direct | activities | Support | ||||||
| Costs (see | (see note | costs (see | ||||||
| note 6) | 7) | note 8) | Totals | |||||
| The furtherance | ofthe Christian | faith | 177,822 | 43,943 | 9,466 | 231,231 |
| G. | DIRECT COST | S OF CHARIT | AB | LE A | CTIVITIES | ||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Rates and water | 851 | 651 | |||||
| Insurance | 5,332 | 5,109 | |||||
| Sundries | 31 | ||||||
| Literature costs |
20,352 | 15,242 | |||||
| Maintenance and |
repairs | 185 | |||||
| IT and media | 13 | ||||||
| Conferences and |
training | 1,449 | 1,364 | ||||
| Travel and subsistence | 2,130 | 1,883 | |||||
| Rent | 20,000 | 18,000 | |||||
| Church ministries | 44,408 | 16,240 | |||||
| Donation expense Convention costs |
62,614 | 9,862 25,365 |
|||||
| Depreciation | 16,096 | 14,572 | |||||
| Interest payable and similar charges | 4,559 | 6,054 | |||||
| 177,822 | 114,540 | ||||||
| 7. | GRANTS PAYABLE | ||||||
| 2021 | 2020 | ||||||
| The furtherance | ofthe Christian | faith | 43,943 | 34,844 | |||
| The total grants paid to institutions | during | the year was as follows: | 2021 | 2020 | |||
| Mission Support | 43,943 | 34,844 |
| SUPPORT C | OSTS | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Governance | |||||||||
| Management | F&nance | costs | Totals | ||||||
| The furtherance | ofthe Christian | faith | 3,772 | 894 | 4,800 | 9,466 | |||
| Support costs, | included | in | the above, are | as follows: | |||||
| Management | 2021 | 2020 | |||||||
| The | |||||||||
| furtherance | |||||||||
| ofthe | |||||||||
| Christian | Total | ||||||||
| faith | activities | ||||||||
| Software and | license fees | 3,756 | 1,985 | ||||||
| Professional | fees | 16 | 4,120 | ||||||
| 3,772 | 6,105 | ||||||||
| Finance | |||||||||
| 2021 | 2020 | ||||||||
| The | |||||||||
| furtherance | |||||||||
| ofthe | |||||||||
| Christian | Total | ||||||||
| faith | activities | ||||||||
| Bank charges | 894 | 554 | |||||||
| Governance | costs | ||||||||
| 2021 | 2020 | ||||||||
| The | |||||||||
| furtherance | |||||||||
| ofthe | |||||||||
| Christian | Total | ||||||||
| faith | activities | ||||||||
| Indepenclent | Examiner's | fee | 4,800 | 4,800 |
| Net income/(e | xp | enditure | ) is stated after charging/(crediting |
): | |
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Depreciation | - | owned | assets | 16,096 | 14,570 |
| TANGIBLE FIXEDASSE | TS | ||||
|---|---|---|---|---|---|
| Improvements | Fixtures | ||||
| Freehold | to | and | |||
| property | property | fittings | Totals | ||
| COST | |||||
| At 1stJanuary 2021 | 675,743 | 238,331 | 118,541 | 1,032,615 | |
| Additions | 220,784 | 1,442 | 222,226 | ||
| At 31st December 2021 | 675,743 | 459,115 | 119,983 | 1,254,841 | |
| DEPRECIATION | |||||
| At 1st January 2021 Charge for year |
90,050 8,637 |
9,533 5,068 |
114,504 2,391 |
214,087 16,096 |
|
| At 31st December 2021 | 98,687 | 14,601 | 116,895 | 230,183 | |
| NET BOOK VALUE | |||||
| At 31stDecember 2021 | 577,056 | 444,514 | 3,088 | 1,024,658 | |
| At 31st December 2020 | 585,693 | 228,798 | 4,037 | 818,528 | |
| DEBTORS | |||||
| 2021 | 2020 | ||||
| Amounts falling due within |
one year: | ||||
| Trade debtors | 7,328 | 15,147 | |||
| Amounts owed by group underlakings Other debtors |
8,996 18,657 |
20,968 28,295 |
|||
| 34,981 | 64,410 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Amounts falling due after more than one year: |
||||
| Amounts owed by group undertakings Other debtors |
730,000 | 185,128 730,000 |
||
| Aggregate amounts |
764,981 | 979,538 | ||
| 13. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| Bank loans and overdrafts (see note 15) |
47,478 | 52,511 | ||
| Trade creditors | 26,896 | 9,394 | ||
| Other creditors | 4, 133 | 1,452 | ||
| Accruals and deferred |
income | 4,800 | 4,800 | |
| 83,307 | 68,157 | |||
| 14. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | |||
| 2021 | 2020 | |||
| Bank loans (see note | 15) | 184,543 | 229,695 | |
| 15. | LOANS | |||
| An analysis ofthe maturity ofloans is given below: | ||||
| 2021 | 2020 | |||
| Amounts falling due |
within one year on demand: |
|||
| Bank overdrafts | 3,027 | |||
| Bank loan | 47,478 | 49,484 | ||
| 47,478 | 52,511 | |||
| Amounts falling due |
in more than five years: | |||
| Repayable by instalments: Bank loan |
184,543 | 229,695 |
| MOVEMENT | IN FUNDS | |||||||
|---|---|---|---|---|---|---|---|---|
| Net | ||||||||
| movement | At | |||||||
| At 1.1.21 | in funds | 31.12.21 | ||||||
| Unrestricted | funds | |||||||
| General fund | 1,763,163 | 36,880 | 1,800,043 | |||||
| TOTAL FUNDS | 1,763,163 | 36,880 | 1,800,043 | |||||
| Net movement | in funds, included | in the above | are as follows: | |||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| Unrestricted | funds | |||||||
| General fund |
268,111 | (231,231) | 36,880 | |||||
| TOTAL FUNDS | 268, 1 11 | (231,231) | 36,880 | |||||
| Comparatives | for movement | in | funds | |||||
| Net | ||||||||
| movement | At | |||||||
| At 1.1.20 | in funds | 31.12.20 | ||||||
| Unrestricted | funds | |||||||
| General fund |
1,630,153 | 133,010 | 1,763,163 | |||||
| TOTAL FUNDS | 1,630,153 | 133,010 | 1,763,163 | |||||
| Comparative | net movement | in | funds, included | in the above are | as follows: | |||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| Unrestricted | funds | |||||||
| General fund |
293,853 | (160,843) | 133,010 | |||||
| TOTAL FUNDS | 293,853 | (160843) | 133010 |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1.1.20 | in funds | 31.12.21 | |||
| Unrestricted | funds | ||||
| General | fund | 1,630,153 | 169,890 | 1,800,043 | |
| TOTAL | FUNDS | 1,630,153 | 169,890 | 1,800,043 |
| as follow | s: | ||||
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General | fund | 561,964 | (392,074) | 169,890 | |
| TOTAL | FUNDS | 561,964 | (392,074) | 169,890 |
| 2021 | 2020 | |
|---|---|---|
| INCOME AND ENDOWMENTS | ||
| Donations and legacies Gilts |
134,269 | 180,740 |
| Gift aid | 39,975 | 28,295 |
| 174,244 | 209,035 | |
| Other trading activities Fundraising / trading |
40,700 | 38,732 |
| Investment income |
||
| Deposit account interest Loan interest received |
92 41,589 |
361 9,504 |
| 41,681 | 9,865 | |
| Charitable activities |
||
| Conference income |
11,486 | 6,619 |
| Other income | 29,602 | |
| 11,486 | 36,221 | |
| Total incoming resources |
268,111 | 293,853 |
| EXPENDITURE | ||
| Charitable activities |
||
| Rates and water | 851 | 651 |
| Insurance | 5,332 | 5,109 |
| Sundries | 31 | |
| Literature costs |
20,352 | 15,242 |
| Maintenance and repairs |
185 | |
| IT and media | 13 | |
| Conferences and training |
1,449 | 1,364 |
| Travel and subsistence | 2,130 | 1,883 |
| Rent | 20,000 | 18,000 |
| Church ministries | 44,408 | 16,240 |
| Donation expense Convention costs |
62,614 | 9,862 25,365 |
| Freehold propeity Improvements to property Fixtures and fittings Mortgage Grants to institutions |
8,637 5,068 2,391 4,559 43,943 |
8,637 4,767 1,168 6,054 34,844 |
| 221,765 | 149,384 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Support costs | |||||
| Management Software and |
license fees | 3,756 | 1,985 | ||
| Professional | fees | 16 | 4, 120 | ||
| 3,772 | 6,105 | ||||
| Finance | |||||
| Bank charges | 894 | 554 | |||
| Governance | costs | ||||
| Independent | Examiner's | fee | 4,800 | 4,800 | |
| Total resources | expended | 231,231 | 160,843 | ||
| Net income | 36,880 | 133,010 |