||||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|
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||||||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|
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||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|