| Page | |||
|---|---|---|---|
| Trustees' report |
1-2 | ||
| Statement of | trustees' | responsibilities | 3 |
| Independent | auditor's | report | 4-6 |
| Statement of | financial | activities | 7 |
| Balance sheet |
8 | ||
| Statement of | cash flows | 9 | |
| Notes to the | financial | statements | 10-15 |
| Unrestricted | Unrestricted | ||||||
|---|---|---|---|---|---|---|---|
| funds | funds | ||||||
| 2021 | 2020 | ||||||
| Notes | £ | £ | |||||
| incomefrom: | |||||||
| Donations and Investments |
legacies | 3 | 206,000 | 152,168 | |||
| 4 | 130,344 | 111,113 | |||||
| Total income | 336,344 | 263,281 | |||||
| Expenditureon: | |||||||
| Charitable activities |
5 | 77,068 | 110,714 | ||||
| Net income for | the year/ | ||||||
| Net movement | in | funds | 259,276 | 152,567 | |||
| Fund balances | at | 1 November | 2020 | 3,650,876 | 3,498,309 | ||
| Fund balances | at 31 October | 2021 | 3,910,152 | 3,650,876 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |||||
| Fixed assets | |||||||||
| Investment | properties | 9 | 3,817,135 | 3,425,702 | |||||
| Current assets | |||||||||
| Debtors | 10 | 2,130 | |||||||
| Cash at bank and | in hand | 134,067 | 266,024 | ||||||
| 134,067 | 268,154 | ||||||||
| Creditors: | amounts falling due within | ||||||||
| one year | 11 | (41,050) | (42,980) | ||||||
| Net current | assets | 93,017 | 225,174 | ||||||
| Total assets less |
current liabilities | 3,910,152 | 3,650,876 | ||||||
| Income funds | |||||||||
| Unrestricted | funds | - general | 3,910,152 | 3,650,876 | |||||
| 3,910,152 | 3,650,876 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | £ | £ | ||||||
| Cash flows from operating activities | ||||||||
| Cash generated from operations |
14 | 129,132 | 39,135 | |||||
| Investing | activities | |||||||
| Purchase | of investment property |
(391,433) | ||||||
| Investment income received | 130,344 | 111,113 | ||||||
| Net cash | (used in)/generatedfrom | |||||||
| investing | activities | (261,089) | 111,113 | |||||
| Net cash | used in financing activities |
|||||||
| Net (decrease)/increasein cash and | cash | |||||||
| equivalents | (131,957) | 150,248 | ||||||
| Cash and | cash equivalents at beginning |
of year | 266,024 | 115,776 | ||||
| Cash and | cash equivalents at end of | year | 134,067 | 266,024 |
| Unrestricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| general | general | |||||
| 2021 | 2020 | |||||
| £ | £ | |||||
| Donations | and | associated | gift | aid | 206,000 | 152,168 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| general | general | ||
| 2021 | 2020 | ||
| £ | £ | ||
| Rental Interest |
income receivable |
130,180 164 |
111,110 3 |
| 130,344 | 111,113 |
| Governance | Direct | Total | Governance | Direct | Total | ||||
|---|---|---|---|---|---|---|---|---|---|
| & support | charitable | 2021 | &support | charitable | 2020 | ||||
| 2021 | 2021 | 2020 | 2020 | ||||||
| £ | £ | £ | £ | £ | £ | ||||
| Donations | to other charities | ||||||||
| 64,840 | 64,840 | 91,905 | 91,905 | ||||||
| Share | of | support | costs (see | ||||||
| note 6) Share of (see note |
governance costs 6) |
3,745 8,483 |
3,745 8,483 |
15,230 3,579 |
15,230 3,579 |
||||
| 12,228 | 64,840 | 77,068 | 18,809 | 91,905 | 110,714 |
| Support costs | ||||||
|---|---|---|---|---|---|---|
| Support | Governance | 2021 | Support costs | Governance | 2020 | |
| costs | costs | costs | ||||
| £ | £ | £ | £ | £ | £ | |
| Insurance Bank charges |
5,130 191 |
5,130 191 |
4,968 191 |
4,968 191 |
||
| Utility and repair costs | 3,162 | 3,162 | 10,071 | 10,071 | ||
| Audit fee | 3,745 | 3,745 | 3,579 | 3,579 | ||
| 8,483 | 3,745 | 12,228 | 15,230 | 3,579 | 18,809 |
| 9 | Investment property | Investment property | |
|---|---|---|---|
| 2021 | |||
| £ | |||
| Fair value | |||
| At 1 November |
2020 | 3,425,702 | |
| Additions through external acquisition |
391,433 | ||
| At 31 October | 2021 | 3,817,135 |
| 10 | Debtors | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Amounts falling due within one year: | £ | £ | |
| Other debtors | 2,130 | ||
| 11 | Creditors: amounts falling due within one year | ||
| 2021 | 2020 | ||
| £ | £ | ||
| Other taxation and social security | 1,970 | 1,500 | |
| Other creditors | 35,140 | 37,540 | |
| Accruals | 3,940 | 3,940 | |
| 41,050 | 42,980 |
| Donationsto Charities | Donationsto Charities | |||||||
|---|---|---|---|---|---|---|---|---|
| During the year, the charity made Agape £2,040 |
10 donations | to other | charities, | and 0 to individuals. | they were: | |||
| Knowle PCC £20,000 |
||||||||
| Titus Trust £14,400 |
||||||||
| Barnsley CAP £300 |
||||||||
| LICC £6,000 |
||||||||
| Stewardship £14,500 |
||||||||
| Youth for Christ £1,200 |
||||||||
| Cinnamon Network £3,200 |
||||||||
| Tearfund £2,400 |
||||||||
| MMTC £800 |
||||||||
| Cash generatedfrom operations | 2021 | 2020 | ||||||
| £ | £ | |||||||
| Surplus for the year |
259,276 | 152,567 | ||||||
| Adjustments for: |
||||||||
| Investment income recognised | in statement | of | financial | activities | (130,344) | (111,113) | ||
| Movements in working capital: |
||||||||
| Decrease in debtors (Decrease) in creditors |
2,130 (1,930) |
13,400 (15,719) |
||||||
| Cash generatedfrom operations | 129,132 | 39,135 |