| Statement ofFinanchd Activities lnco cretin an Income and Ex forthe Year Ended 31stMarch 2021 |
||||
|---|---|---|---|---|
| 31.0321 | 31.0320 | |||
| Restricted | Toed | Total | ||
| fund | fimds | funds | ||
| INCOME ANDENDO~ FROM | f, | |||
| Donations and legacies |
99,174 | 99,174 | 86,374 | |
| 1,689 | 1,689 | 1,033 6~5 |
||
| 59,518 | 59418 | 5,499 | ||
| Total | 160381 | 160381 | 99351 | |
| EXPENDlTURE ON | ||||
| Raising funds | ||||
| Charitable activities |
||||
| Pmviding spiritual guidance and support |
188,525 | 188,525 | 253367 | |
| Total | 188/25 | 188,525 | 253385 | |
| NET INCOME/(EXPENDITUR@ | (28,144) | (28,144) | (154,034) | |
| OTHER RECOGNISED GAINS/(LOSSES) | ||||
| Gains/(tosses) on revaluation offixed assets |
837370 | 837470 | ||
| NETMO~ IN FUNDS | 809,126 | 809,126 | (154,034) | |
| RECONCILIATION OFFUNDS | ||||
| Total fuads brought forward | 256,038 | 256,038 | 410,072 | |
| TOTAL FUNDS CARRIED FORWARD | 1,065,164 | 1,065,164 | 256,038 |
| Balance Sheet 3lstMarch2021 |
|||||||
|---|---|---|---|---|---|---|---|
| 31.0321 | 31.0320 | ||||||
| Unrestricted | Total | Total | |||||
| Notes | fund | funds | fundsf | ||||
| FIXEDASSETS | |||||||
| Tangible assets | 988,103 | 988,103 | 153994 | ||||
| 12 | 75489 | 75489 | 59,354 | ||||
| 55,700 | 55,700 | 49,510 | |||||
| 131/89 | 131+89 | 108,864 | |||||
| 13 | (54~8) | (54~8) | (6,820) | ||||
| NET CURRENT ASSETS | 77,061 | 77,061 | 102,044 | ||||
| TOTAL ASSETSLESSCURRENT LIABILITIES | 1,065,164 | 1,065,164 | 256,038 | ||||
| NETASSETS | 1,065,164 | 1,065,164 | 256,038 | ||||
| FUNDS | 16 | ||||||
| Unrestricted funds —general |
use | 227,894 | 256,038 | ||||
| Unrestricted funds —revaluation |
reserve | 837470 | |||||
| Restricted funds | |||||||
| TOTAL FUNDS | 1,065,164 | 256,038 | |||||
| Tb A I sigaed on its behalf by: |
gy | Hbytb B~f7~~~ | ~f,,k)s.-.tH?kk', ..,., | d |
| theF~Statements - continued ear Ended 31stMmch 2021 |
theF~Statements - continued ear Ended 31stMmch 2021 |
WORLD HEALING CENTRE | ||
|---|---|---|---|---|
| INVESTMENT INCOME | ||||
| 31.03.21 f |
31.0320 f |
|||
| Rents received | 1@97 | 5,76$ | ||
| Deposit account mterest | 292 | 577 | ||
| 1,689 | 6,345 | |||
| OTHER INCOME | ||||
| 31.0321 f |
31.03.20 | |||
| Insurance daims | 5,499 | |||
| Covid-19 related grants | and wage subsidies | 5931$ | ||
| 59418 | 5,499 | |||
| NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) | isstated alter charging/(crediting): | |||
| 31.0321 f |
31.03.20 f |
|||
| Deprechmon —owned assets Auditors'~on Indepeurbsu~remuneration |
-as examines | 8,849 5,000 |
11,570 420 |
|
| Independent examhux's TRUSTEES' REMUN |
remuneration ERATION |
-other services ANDB~ |
1,500 |
| STAFFCOSTS | |||||
|---|---|---|---|---|---|
| 31.0321 | 31.03.20 | ||||
| Wages and salaries | 118,826 | 96~ | |||
| Social security costs | 2,794 | 2,954 | |||
| Other peusioa costs | 2,044 | 1,598 | |||
| 101,498 | |||||
| Tbe average monthly | number ofemployees | dming the year was as follows: | |||
| 31.0321 | 31.0320 | ||||
| Charitable Activity | |||||
| Support Costs | |||||
| No employees received emohuuesm | in excess off60,000. |
| SUPPORT COST | S | ||||
|---|---|---|---|---|---|
| Governance | |||||
| Managemeat | costs | Totals f |
|||
| Pmvidiug spiritual |
guidance and support | 30,346 | 11,158 | 41,504 | |
| Support costs, included in the above, are as follows: | |||||
| 31.0321 | 31.03.20 | ||||
| 6 | 6 | ||||
| Wages and associated costs | 20/45 | 19,054 | |||
| Premises expenses | 9359 | 34,797 | |||
| Legal fees | 6,066 | 251 | |||
| Pmfessional fees |
5,000 | 2,020 | |||
| Sundry costs | 734 | 735 | |||
| 41,504 | 56,857 | ||||
| TANGIBLE FIXEDASSETS | |||||
| Fixtures | |||||
| Fmehold | snd | ||||
| Sttmgs | Totals | ||||
| 6 | |||||
| COST | |||||
| At 1stApril 2020 | 138460 | 28,088 | 1,618 | 167,966 | |
| Additions | 5,687 | 5,687 | |||
| Revaluations | 831,740 | 831,740 | |||
| At 31stMarch 2021 | 970,000 | 33,775 | 1,618 | 1,005393 | |
| DEPRECIATION | |||||
| At 1stApril 2020 | 5,531 | 8,014 | 427 | 13,972 | |
| Charge foryear | 8,444 | 405 | 8,849 | ||
| Elimimed on revatuadon | (5431) | (5,531) | |||
| At 31stMarch 2021 | 16,458 | 832 | 17/90 | ||
| NETBOOKVALUE | |||||
| At 31stMarch 2021 | 970,000 | ~17317 | 786 | 988,103 | |
| At 31stMarch 2020 | 132,729 | 20,074 | 1,191 | 153,994 |
| DEBTORS:AMOUNTS FALLING DUE WITHIN | ONE YEAR | |
|---|---|---|
| 31.03.21 | 31.03.20 | |
| f. | ||
| Trade debtors | 75 | |
| Other debtors | 9397 | 6388 |
| Accrued income | 62@04 | 49,483 |
| Prepayments | 3,888 | 3308 |
| 75,589 | 59354 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ON | E YEAR | |
|---|---|---|
| 31.03.21 | 31.0320 | |
| g | ||
| Trade creditors | 3,941 | 3,021 |
| Social security and other taxes | 1,879 | |
| Accrued expenses | 5,000 | 1,920 |
| Bank loans | 45+87 | |
| 54@28 | 6820 |
| Net movement | At | |||||
|---|---|---|---|---|---|---|
| At OL0420 | m funds | 31.0321 | ||||
| f | f | |||||
| Unrestricted funds |
||||||
| Gencnd fund | 256,038 | (28,144) | 227,894 | |||
| Revaluanon reserve |
837470 | 837270 | ||||
| TOTAL FUNDS | 256,038 | 809,126 | 1,065,164 | |||
| Net movement in funds, included m the above are asallows: |
||||||
| Resources | Revaluation | Movement | ||||
| expended f |
gams/Uosses) f |
in fimds | ||||
| Unrestricted funds |
||||||
| General fund | 160381 | (188,525) | (28,144) | |||
| Revaluation reserve |
837370 | 837270 | ||||
| TOTAL FUNDS | 160/81 | (188325) | 837,270 | 809.126 | ||
| Com tires for movement in funds |
||||||
| Net movement | At | |||||
| At01.04.19 f |
infunds f |
3L0300 f |
||||
| 408,674 | (152,636) | 256,038 | ||||
| Restricted funds | ||||||
| Building Renovation | fund | 1398 | (1/98) | |||
| TOTAL FUNDS | 410,072 | 154,034 | 256,038 | |||
| Comparative net movemeru |
in Smds, included in the above are | as follows: | ||||
| Resources | Movement | |||||
| expend f. |
in funds | |||||
| Unrestricted funds ~fund |
99~1 | (251,887) | (152,636) | |||
| stricted funds | ||||||
| Building Renovation | fund | (1,398) | (1/98) | |||
| TOTAL FUNDS | ~99 1 |
~25338 | ~154,034 |