OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

Page
Reference and administrative details
Report ofthe trustees 2 to 8
Report ofthe independent
auditors		 9 to ll
Statement offinancial activities 12
Statement offinancial posiiion 13
Statement ofcash tlews 14
Notes to the statement ofcash flows 15
Notes to the financial statements 16 to 22
Detailed statement
of		 financial activities 23 to 243

Central Charge Midlands Charge North Charge South Charge
l. Cambridge 1.Coventry 1.Leeds 1.Chelmsford
2. Hatfietd 2.Birmingham 2. Manchester 2.London
3.Leicester 3.Wolverhampton 3.Shefiield 3.Portsmouth
4. Luton 4.Bristol 4.Newcastle 4.Slough
5.Northampton 5.Crewe
6.Nottingham
7.Oxford

FORTHE YE AR ENDED 31STDE CEMBER 2021
2021 2020
Unrestricted Total
fund funds
Notes f
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 2 904,317 921,628
Investment
income		 ~1618 ~2513
Total 905,935 924,141
EXPENDITURE ON
Raising funds 2,987 28,081
Charitable
activities
Direct charitable
activity		 114,517 91,077
Support charitable
activity		 103,357 115,151
Governance
Evangelism
and stewardship		 9,120
~144854		 9,120
~150485
Total 374,835 393,914
NET INCOME 531,100 530,227
RECONCILIATION OF FUNDS
Total funds brought forward 2,278,628 1,748,401
TOTAL FUNDS CARRIED FORWARD 2 809728 ~2278 628

2021 2020
Total Total
funds funds
Notes 8
FIXEDASSETS
Tangible
assets		 348.776 5.576
CURRFIVT ASSFTS
Debtors 12 80.438 70,436
Cash at bank ~2,390503 2,212.376
2,470,941 2,282.812
CREDITORS
Amounts
falling due within		 one year 13 19.989) (9,760)
VET CL'RRENT ASSETS 2,460,952 2,273,052
TOTAL ASSFTSLFSSCI)RRENT
LIABILITIES 2,809,728 2,278,628
NET ASSI')TS ~2809 728 2.278,628
FI)NDS 14
Unrestricted
funds		 2,809,728 2,278,628
TOTAI. FENDSr 2.809,728 2,278,628

UNI TED METHODIST I IHIRCEI
IIK		 TED METHODIST I IHIRCEI
IIK		 TED METHODIST I IHIRCEI
IIK
STATEMENT OF CASH FLOWS
FORTHE YEAR ENDED 31STDECEMBER 2021
2021 2020
Notes 8
Cash flows from operating activities
Cash generated
from		 operations I 528,136 507,861
Net cash provided
by		 operating
activities		 528,136 507,861
Cash flows from investing activities
Purchase oftangible fixed assets (351,627) (2,570)
Interest received 1,618 2,513
Net cash used in investing activities ~350,009) ~57)
Change
in cash and		 cash equivalents in
the reporting
period		 178,127 507,804
Cash and cash equivalents at the
beginning
ofthe reporting		 period 2,212,376 ~1704,572
Cash and cash equivalents at the end of
the reporting
period		 2,390,503 2,212,376

RECONCILIATIO
ACTIVITIES		 N
OF NE		 T INCOME TO NET CASH FLOW F ROM OPERATIN G
2021 2020
Net income for the reporting period (as per the Statement of
financial
activities)		 531,100 530,227
Adjustments
for:
Depreciation
charges		 8,427 1,859
Interest received (1,618) (2,513)
Increase
in debtors
Increase/(decrease)		 in creditors (10,002)
229		 (14,802)
~6,910
Net cash provided hy operations 528,136 507,861
ANALYSIS OF CHANGES IN NE T FUNDS
At 1.1.21 Cash flow At 31.12.21
8
Net cash
Cash at bank ~2212,376 178,127 2,390,503
2,212,376 178,127 2,390,503
Total ~2212376 178,127 2,390,503

Freehold property -2%on straight
line		 -2%on straight
line
Plant and machinery -25%on reducing balance basis
Fixtures and fittings -25%on reducing balance basis.

2. DONATIONS
AND LEG		 ACIES
2021 2020
f
Tithes and otferings 796,187 793,871
Special fund donations 21,465 21,695
Gih aid 86,665 106,062
~904 317 ~921 628
3. INVESTMKNT INCOME
2021 2020
Deposit account interest 1 6111 ~2513
4. RAISING FUNDS
RAISING DONATIONS AND LEGACIES
2021 2020
Hire charges 360 6,757
Catering &entertainment 225 5,323
Other office costs 2,402 ~16001
2,987 28,081

CHARITA BLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 6) note 7) Totals
Direct charitable activity 114,517 114,517
Support charitable activity 101,550 1,807 103,357
Governance 9,120 9,120
Evangelism and stewardship 144,854 ~144854
360,921 10,927 371,848

DIRECT C OSTS OF CHARITABLE ACTIVITIE S
2021 2020
Staffcosts 56,456 44,262
Rates and water 3,519 7,140
Insurance 3,815 3,871
Light and heat 3,542 6,232
Telephone 5,967 6,358
Postage and stationery 2,800 2,840
Other oAice costs 20,300 16,088
Laytraining 412 610
Legal and professional fees 5,849 6,563
Special fund expenses 23,073 21,695
Rent 80,761 77,612
Motor &travel costs 1,146 8,192
Evangelism
Depreciation		 and stewardship 144,854
~8427		 150,485
~)859
360,921 353,807

Information Governance
Finance technology costs
f		 Totals
8
Support charitable activity 1,159 648 1,807
Governance 9,120 9 120
1,159 648 9,120 10,927
Support costs, included in the above, are as follows:
2021 2020
Support
charitable Total Total
activity Governance activities activities
Bank charges 1,159 1,159 1,088
Website expenses 648 648 1,818
Auditors' remuneration 9 120 9 120 9,120
1,807 9 120 ~10 927 12,026
2021 2020
8
9,120 9,120
~8427 ~1859

STAF F COSTS
2021 2020
Wages and salaries 55,491 43,343
Other pension costs 965 919
56,456 44,262
The ave rage monthly
number ofemployees
during
th		 e year was as follows:
2021 2020
Pastors and administrators 4 4

TANGIBLE FIXEDASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
COST
At 1st January 2021 34,759 5,363 40,122
Additions 351,627 351,627
At 31stDecember 2021 ~351 627 34,759 ~5363 ~391 749
DEPRECIATION
At 1stJanuary
2021		 31,182 3,364 34,546
Charge foryear ~7033 894 500 8,427
At 31stDecember 2021 ~7033 ~32 076 ~3864 42 973
NET BOOK VALUE
At 31stDecember 2021 344,594 2,683 1 499 348 776
At 31st December 2020 3,577 ~1999 5 576

12. DEBTORS: A MOUNTS FA LL ING DUE WITHIN ONE YEAR
2021 2020
8
HMRC - Gih aid ~80438 ~70 436
13. CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR
2021 2020
Social security and other taxes 838 436
Other creditors 9,119 9,120
Pensions 32 204
~9989 ~9760
14. MOVEMENT IN FUNDS
Net
movement At
At 1.1.21 in funds 31.12.21
f
Unrestricted funds
General
fund		 2,278,628 531,100 2,809,728
TOTAL FUNDS ~2278 628 ~531 100 ~2809 728
Net movement in funds, mcluded in the above are as follows:
Incoming Resources Movement
resources
f		 expended in funds
0
Unrestricted funds
General
fund		 905,935 (374,835) 531,100
TOTAL FUNDS 905,935 ~374 835) 531,100
Comparativcs for movement in funds
Net
movement At
At 1.1.20 in funds 31.12.20
Unrestricted funds
General
fund		 1,748,401 530,227 2,278,628
TOTAL FUNDS 1748401 530227 ~2278,628

Incoming Resources Movcmcnt
resources expended in funds
8 8
Unrestricted funds
General fund 924,141 (393,914) 530,227
TOTAL FUNDS ~924 141 ~393 914 530,227
Net
movement At
At 1.1.20 in funds 31.12.21
f f
Unrestricted funds
General fund 1,748,401 1,061,327 2,809,728
TOTAL FUNDS 1,748,401 1,061,327 2,809,728
Incoming Resources Movcmcnt
resources
8		 expended
8		 in funds
f
Unrestricted funds
General fund 1,830,076 (768,749) 1,061,327
TOTAL FUNDS 1,830.076 ~768749) 1~061.327


FORTHE YEAR ENDED 31S		 TDECEMBER 2021
2021 2020
INCOME AND ENDOWMENTS
Donations
and legacies
Tithes and offerings 796,187 793,871
Special fund donations 21,465 21,695
Gift aid 86,665 106,062
904,317 921,628
Investment
income
Deposit account interest I 618 ~2513
Total incoming
resources		 905,935 924,141
EXPENDITURE
Raising donations
and		 legacies
Hire charges 360 6,757
Catering
dr entertainment		 225 5,323
Other office costs 2,402 16,001
2,987 28,081
Charitable
activities
Wages 55,491 43,343
Pensions 965 919
Rates and water 3,519 7,140
Insurance 3,815 3,871
Light and heat 3,542 6,232
Telephone 5,967 6,358
Postage and stationery 2,800 2,840
Other office costs 20,300 16,088
Laytraining 412 610
Legal and professional tbes 5,849 6,563
Special fund expenses 23,073 21,695
Rent 80,761 77,612
Motor dt travel costs 1,146 8,192
Evangelism
and stewardship		 144,854 150,485
Depreciation oftangible fixed assets 8,427 1,859
360,921 353,807
Support costs
Finance
Bank charges 1,159 1,088
Information
technology
Website expenses 648 1,818

2021 2020
f. g
Information technology
Governance costs
Auditors'
remuneration		 ~9120 9 120
Total resources expended ~374 $35 ~393914
Net income 531,100 ~530 227