# ## ## ## ||| |---|---| |CONTENTS|Page| |Report ofthe Trust Board|1to9| |Report ofthe Auditors|10tO 12| |Statement ofFinancial Activities|| |Balance Sheet|| |Statement ofCash Flows|15| |Notes to the Financial Statements|16to 25| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Forthe year ended 31A|ugust|2o2o||||||| |---|---|---|---|---|---|---|---|---| |||||2020||||2019| ||||Unrestricted|Restricted|||Total|Total| |||Note|||k||/s|| |Income and endowments|from:|||||||| |Donations and legacies:||||||||| |Donations|||954/6 12|186/723||1/141/335||1/915/334| |Grants||||||||262,786| |Investments|||14,267||113||14,380|40,688| |Charitable
activities:||||||||| |Courses and conferences|||185,457||||185,457|174,168| |Publications
and literature|||6,756||||6,756|1,285| |Others|||86 8||||868|| |Total income and endowments|||12
1|186|8 6|1|8o|~2~6| |Expenditure
on:||||||||| |Charitable
activities:||||||||| |Support to churches|||615,o87|129/103|||744/190|702,616| |Training
and information||9|314/310|323/116|||637,426|527,697| |Outreach||10|47,858|757,136|||8o4,994|66,61.6| |Grants and gifts|||||6o||6o|3/920| |Representation
on and support||of||||||| |other evangelical
organisations
Development||12|41,502|22|8||41/502
8|4o,826
~2~9| |Total expenditure||13|1018|12 2||22 116||~11~24| |Net income/(expenditure)|||229/214|(1/045/563)||(816/349)||1/022/941| |Transfers between funds||14|4/003|(4/003)||||| |Net movement
in funds|before|||||||| |revaluations
and investment||disposals|233/ 217|(1/049/|566)|(816/349)||1/022/941| |Net gains/(losses)
on investments||||||||| |Net movement
in funds|||233/217|(1/049/566)||(816/349)||1/022/941| |Fund balances brought forward|||976/722|1/790/098||2/766/820||1/743/879| |Fund balances carried forward|||1 2|||||66~8| ## ## ||||||2020||||2029| |---|---|---|---|---|---|---|---|---|---| |||Note|||||||| |Fixed assets|||||||||| |Tangible fixed assets held|||||||||| |for charity use||16|||916,564||||1/152I170| |Loans|||||/OO|OOO|||| ||||||965,564||||1/227/ 049| |Current assets|||||||||| |Stocks|||12/054||||12,o86||| |Debtors||17|35/719||||42,005||| |Short term deposits
Cash at bank and in|hand||759/142
~622
82||||1,656,563
~222||| ||||1,428,397||||2,o87,776||| |Creditors: Amounts|falling due||||||||| |within one year||18|||||/~8|0~0|| |Net current assets|||||8|6LOO/|||~19392D| |Total assets less current liabilities|||||2/350/471||||3,166,82o| |Creditors: Amounts|falling due||||||||| |after one year||19|||00|000|||00 000| |Net assets|||||||||| |Funds|||||||||| |Restricted||20|||740/532||||1,790,098| |Unrestricted||21|||~120||||~6~22| |Totalcharityfunds||22|||||||66~8| ## ## |Statement ofCash Flows|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Forthe year ended 31August|2o2o||||||||||| |||||||||2020|||2019| |Cash flows from operating
activities|||||||||||| |Cash generated from/(absorbed|by)||operations:||||||||| |Income forthe year||||||||(816,349)|||1,022,941.| |Adjustment for:|||||||||||| |Investment
income recognised|in|statement|||offinancial||activities|(14,380)|||(4o,688)| |Depreciation||||||||2o,883|||21/217| |(Gain)/loss
on disposal oftangible|||fixed|assets||||(63,035)|||| |Movements
in working capital:|||||||||||| |(Increase)/decrease
in stocks|||||||||32||(2,7o5)| |(Increase)/decrease
in debtors
Increase/(decrease)
in creditors||||||||6,286
+1011.~1}|||4,206
~2162| |||||||||(971,078)|||184342133| |Investing
activities|||||||||||| |Purchase oftangible fixed assets|||||||(1,912)|||(937,835)|| |Proceeds on disposal offixed assets|||||||279,67o||||| |Repayment
ofloans from churches
Interest and investment
income|||||||25,879
8o|||23,105
~o688|| |Net: cash generated
from/(used||in) investing||||activities||318,017|||(874,o42)| |Cash and cash equivalents
at beginning||||ofthe||year||~20|68~||| |Cash and cash equivalents
at end|||ofyear||||||||2 (6358~| ## ## ## ## ## ## ## ## |Income from Donations|Income from Donations|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---| |||funds|funds|2020|2029| ||||E||| |Donations|—Churches|765,188|79io45|844,233|755,815| ||—Partners|21I477|107,678|129i155|607,731| ||—Individuals/other|167,947||167,947|499I04.1| |Legacies|||||~21hZ| ## ## |Income|from|grants|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||||funds|funds|2020|2029| ||||e|E||E| |Grants|- trusts|||||| |Income|from investments|from investments|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||||funds|funds|2020|2019| |Interest|and investment|income||||| |Income from courses and|Unrestricted|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---| |conferences|funds||funds|2020|2029| ||||E||E| |Course and conference fees|16,934|||16934|30402| |Leaders Conference|1~68|2r||~168
2|~66| |||||~mz|| |6|Income from publications|Income from publications|and|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---| ||literature|||funds|funds|2020|2019| |||||E|E||E| ||Primer|||6,753||6,753|1,&69| ||Sale ofpublications|and literature|||||16| |In zo19 all ofthe above income was attribu|table
to unrestricted
fun|ds.||| |---|---|---|---|---| |Other income|Unrestricted|Restricted|Total|Total| ||funds|funds|2020|2029| |Gain on disposal offixed assets|63,035||63,o35|| |Job Retention Scheme grants|23,841||23,841|| |Other income||||| ## ## |8|Expenditure
on support|Unrestricted|Restricted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||to churches|funds|funds||2020|2029| |||E||||/e| ||Care and recognition ofchurches|55/313||28g|55,6oz|58,667| ||Preaching
8 Church Visits|82,752|||8z,752|84,339| ||Information
&Support|107/939||517|1o8,456|137,604| ||Leaders Conference|180,790|||180790|171,884| ||Theological
Advice|||||250| ||Womens'
ministry|63,431|||63,431|66,142| ||London Team|1,116|||1/»6|2,1o8| ||Administering
church records|25/159||156|25/315|4.2,436| ||Consultation
and vision evenings|||||5/»9| ||Scotland projects|||||120| ||Pastor's Network|40/929||485|41/414|48,659| ||Pastoral care and support|57,658||346|58,oo4|47/949| ||Church Revitalisation||~22|10|~22
10|ML339.| |||~61
&~8|~1~1||~1~1|g~66| |g|Expenditure
on training|Expenditure
on training|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||and information||funds|funds|2020|2029| ||||/e|||E| ||Together magazine||21,528||21,528|18,133| ||Primer||1g,o86||1g,o86|18,243| ||Media 8 Publicity||1oo,86g||100/869|88,557| ||Training
Information,|advice||||| ||&support||101/270||101(270|g1,486| ||Church advice line|||30,000|30,000|30,000| ||Website & Database|support|42/937||42/937|33,022| ||Hub Conference||22,002||22/002|26,81g| ||Training
Fund grants|||293(116|293,116|196,779| ||Other Conferences||6 618||6 618|2c/68| ## ## |1o|Expenditure
on outreach|Expenditure
on outreach|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||||funds|funds|2020|2029| ||||E|E||| ||Mission information
Mission projects and|86Support
teams|431334
~2|753,369
~6|796,703
~82 1|64,878
8| |Expenditure|on grants and gifts|on grants and gifts|Unrestricted|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---| |||||funds|funds|2020|2029| |||||E|||E| |Benevolent|gifts||||||| |Grants and|gifts from restricted|funds were comprised||as follows:|||| |1(2019:12)|individuals|||||6o|~20| |||||||~6|~2| |Expenditure|on|representation||||| |---|---|---|---|---|---|---| |and support|of|other|Unrestricted|Restricted|Total|Total| |Evangelical|organisations||funds|funds|2020|2029| ||||E|||E| |Representation||on other bodies|13,287||13,287|122503| |Support ofAffinity|||~28 21||~28 21|~28| ## ## |Total resources expended|Total resources expended|||2020|2019| |---|---|---|---|---|---| ||||||E| |Total resources expended includes:|||||| |Operating
lease rentals|—office|equipment|||99| |Depreciation
Auditors'
remuneration|—for audit services|||zo,883
~6|21,217| |Total staff costs comprise:|||||| |Salary costs||||5ooi554|545I319| |Social security
Pension contributions|(including|income protection|cover)|4&F171
~8o|48,751
~8~1| ||||||MM6| |funds
in accordance
with the assignment
o
detailed at note 1.|funds
in accordance
with the assignment
o
detailed at note 1.|f employment
activities
and the|accounting
policy o|n expenditu| |---|---|---|---|---| |The average number ofsalaried employees||during the year was:|No.|No.| |Full-time||||| |Other staff||||| |Part- time||||| |Other staff||||10| ||||2020|2019| |Travel expenses reimbursed|to 1z(zo19:1z)|Trust Board members|~8|| |Transfers between funds||| |---|---|---| |Transfers represent the following:||| |Between Restricted and Unrestricted|Funds:|| |Transfer from Development
Fund tothe General||Fund| |Between Unrestricted
Funds:||| |Transfer from the General Fund tothe Capital Fund||| ## ## ||Analysis ofsupport|costs|||||| |---|---|---|---|---|---|---|---| ||Support costs include the||following:||||| ||||||||E| ||Accounting
and payroll administration||||||18,502| ||Information
technology||||||26,575| ||Governance||||||~zx 8| ||These costs are analysed||over the various activities ofthe||Fellowship||| ||based on the time spent by members|||ofthe administrative|staff:||| ||Church Support||||||569%| ||Training
and information||||||31.6%| ||Mission and Church|Planting|||||6.o%| ||Representation
on|other evangelical||organisations|||3.3%| ||Others||||||2.2%| |16|Tangible fixed assets||||Freehold|Fixtures|Total| ||||||Land|Furniture|| ||||||and|and|| ||||||Buildings|Equipment|| ||Cost||||E|E|E| ||At1September
2019
Additions||||1/149/961|104/425
~112|1,254,386
12| ||||||1/149/961|106,337|1,256,2g8| ||Disposals
At 31August 2020||||~26 2 6)
~0~0|&1573)
~6~6|~2~86~?)
~68 66| ||Depreciation||||||| ||At 1September zo1g||||34,566|67,65o|1o2,216| ||Charge forthe year|||||~111 0|~20 88| ||Disposals
At 31August zozo||||44/309
L22~21
888|78,79o
~21|123,099
~0 6I6L4)
~220| ||Net book value||||||| ||At 31August zozo||||||~16~6| ||At 31Augus't 2019||||||~11/~| ## ## |17|Debtors|||||2020|2020|2029| |---|---|---|---|---|---|---|---|---| ||||||||E|E| ||Other debtors||||||776|1/159| ||Prepayments
and accrued income|||||||~08 6| |18|Creditors: due within|one year||||2020||2029| ||||||||/e|/s| ||Taxation and social security|||||19,569||21,310| ||Deferred income|||||6,38g||114,634| ||Accruals|||||~1|/i32|12061| ||All deferred income|is released into|income
in the|following year.||||| |1g|Creditors: due after|one year||||||| ||||||||2020|2029| |||||||||E| ||Loans payable other|than by instalments
due in 2 —5years||||||| |2o|Restricted funds||Balance|||Transfers &||Balance| ||||at|Incoming|Resources|investment||at| ||||02.09.29|resources|expended|gains||32.0B.20| ||||E||/e|||| ||Benevolent fund||116||6o|||56| ||Mission fund||831/638|55/055|752,863|||133,830| ||Dalling memorial
fund||24/701|||||241701| ||Philip Henman trust|fund|121/205|||||121/205| ||Advice Line||35,000||30,000|||5,000| ||Scottish Legacy fund||23/373|||||23/373| ||Church revitalisation|fund|127/059|250|127/309|||| ||Development
fund||9/900|41/053|22,984|(4/003)||23,966| ||FIEC loan fund||g8,842|113||||98,955| ||Training
fund||382,552|8o,365|293/116|||169,801| ||Connect for growth|||10,000|31767|||6,233| ||Propertyfunds
Office property
fund||~1~12|28~6|~21/0|||~1+12
~0~2| ## ## ## ## ## ## ##