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2020-12-31-accounts

2020 20/9 20/9
Restricted Restricted
Funds Funds
Note f f
Income from:
Donations
Donations 648,971 566,526
Income tax recovered 116076 131 358
765,047 697,884
Investments 134 202
Total Income 765 181 698 086
Expenditure
on:
Charitable
activities
Paid to beneficiaries 759,556 687,738
Administration charges 5,761 7,191
Office and stationery 20
Bank charges 80 60
Independent
examination/Auditors'
Total expenditure
fees 872
~766
69
990
695.999
Net (expenditure) / income and Net movement in Funds (1,088) 2,087
Reconciliation
of
funds:
Funds brought
forward
16 '96 14309
Funds carried forward 10308 16 396
All recognised
gains
and losses are reflected through the Statement of Financial Activities and
all activities
were
continuing.
BALANCE SHEET
AT 3 ISTDECEMBER 2020
2020 2019
/Vote f f
Current assets:
Cash deposited
with
Grace Baptist Charities Ltd 16,148 17,356
Liabilities
Creditors: Amounts falling due within one year (840) (960)
Total net assets 15 '00 16 396
The funds ofthe charity:
Restricted funds 15:08 16 396
pr by the Trustee on 5th July 2021 and signed on their behalf by:
C.JClarkson
Director of
Grace Baptist Charities Limited
FOR THE YEAR EN DED 31 DECEMBER 2020
2020 2019
Statement ofcash flows: Total Funds Total Funa
Table f f
Cash flows from operating
activities:
Net cash provided
by (used in) operating
activities
4 ~334 I 946
Cash flows from investing
activities:
Interest 134 201
Net cash provided
by (used in) investing
activities
134 201
Change
in cash snd cash equivalents
in the reporting
period
Cash and cash equivalents
at the beginning ofthe reporting
period
Cash and cash equivalents
at the end ofthe reporting
period
(1&208)
17 '56
16 148
2,147
I .209
~17 56
Table A - Reconciliation
ofnet income
/ (expenditure)
to net cash flow
from operating
activities:
2020
f
20/9f
Net income / (expenditure)
for the reporting
period (as per
the statement
oftinancial
activities)
(1,088) 2,087
(Gains) / losses on investments
Dividends,
interest
and rent from investments
Increase
in creditors
Net cash provided
by (used in) operating
activities
(134)
~120
~134
(201)
60
1,946
Table B - Analysis ofcash and cash equivalents:
Cash in hand 16,148 17,366
Notice deposits (less than 3 months)
Total cash and cash equivalents
16148 ~I7 56