| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details ofthe company, | its trustees | and advisers | |
| Annual report |
2-8 | |||
| Independent examiner's report |
||||
| Statement offinancial activities | 10 | |||
| Balance sheet | ||||
| Notes to the financial statements | 12-26 |
| Trustees | Reverend Jamie Child |
Reverend Jamie Child |
||
|---|---|---|---|---|
| Alasdair Henderson |
||||
| Daniel Mclntosh | ||||
| Michael Bajomo (appointed | 28 April 2021) | |||
| Company | registered | |||
| number | 10498312 | |||
| Charity registered | ||||
| number | 1172415 | |||
| Registered | office | 194Humberstone | Road | |
| London | ||||
| E139NQ | ||||
| Treasurer | Alan Bright | |||
| Company | secretary | Yasmin Bartlett |
||
| Accountants | Griffin Stone Moscrop 8 Co | |||
| Chartered Accountants |
||||
| 21-27 Lamb's Conduit Street | ||||
| London | ||||
| WC1N 3GS |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2021 | 2021 | 2021 | 2020 | ||||
| Note | |||||||
| Income from: | |||||||
| Donations | 360,797 | 10,671 | 371,468 | 363,004 | |||
| Charitable activities |
20,201 | 20,201 | 1,102 | ||||
| Investments | 561 | 561 | 610 | ||||
| Total income | 381,559 | 10,671 | 392,230 | 364,716 | |||
| Expenditure on: |
|||||||
| Charitable activities |
364,609 | 8,989 | 373,598 | 274,465 | |||
| Total expenditure | 364,609 | 8,989 | 373,598 | 274,465 | |||
| Net income | 16,950 | 1,682 | 18,632 | 90,251 | |||
| Transfers between |
funds | 15 | 5,097 | (5,097) | |||
| Net movement in |
funds | 22,047 | (3,415) | 18,632 | 90,251 | ||
| Reconciliation of |
funds: | ||||||
| Total funds brought | forward | 334,388 | 25,140 | 359,528 | 269,277 | ||
| Net movement in funds |
22,047 | (3,415) | 18,632 | 90,251 | |||
| Total funds carried | forward | 356,435 | 21,725 | 378,160 | 359,528 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Note | |||||||
| Current assets | |||||||
| Debtors | 12 | 8,955 | 10,558 | ||||
| Cash at bank | and | in hand | 381,950 | 352,360 | |||
| 390,905 | 362,918 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 13 | (12,745) | (3,390) | ||||
| Net current | assets | 378,160 | 359,528 | ||||
| Total net assets | 378,160 | 359,528 | |||||
| Charity funds | |||||||
| Restricted funds | 15 | 21,725 | 25,140 | ||||
| Unrestricted | funds | 15 | 356,435 | 334,388 | |||
| Total funds | 378,160 | 359,528 |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2021 | 2021 | 2021 | 2020 | ||||
| Regular donations | (excluding | Gift Aid) | 212,427 | 212,427 | 212,005 | ||
| One-off donations | (excluding | Gift Aid) | 93,962 | 93,962 | 95,717 | ||
| Gift Aid | 52,118 | 52,118 | 47,227 | ||||
| Workplace | Ministry | Fund (restricted) | 8,081 | 8,081 | 8,025 | ||
| Weekends | support | fund | 795 | 795 | |||
| Leaving gifts |
1,795 | 1,795 | |||||
| Other unrestricted | income | 2,290 | 2,290 | 30 | |||
| Total 2021 | 360,797 | 10,671 | 371,468 | 363,004 | |||
| Total 2020 | 334,129 | 28,875 | 363,004 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021 | 2021 | 2020 | |
| Weekend Away income |
17,881 | 17,881 | 77 |
| Books | 994 | 994 | 1,025 |
| Refreshments | 1,326 | 1,326 | |
| Total 2021 | 20,201 | 20,201 | 1,102 |
| Total 2020 | 1,102 | 1,102 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021 | 2021 | 2020 | ||
| E | ||||
| Bank | interest | 561 | 561 | 610 |
| Total | 2020 | 610 | 610 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| Charitable | activities | 364,609 | 8,989 | 373,598 | 274,465 |
| Total 2020 | 267,482 | 6,983 | 274,465 |
| Total | Total | ||||
|---|---|---|---|---|---|
| Staff costs | Other costs | funds | funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| Charitable | activities | 214,104 | 159,494 | 373,598 | 274,465 |
| Total 2020 | 196,568 | 77,897 | 274,465 |
| Activities | Grant | |||||
|---|---|---|---|---|---|---|
| undertaken | funding of |
Support | ||||
| directly | activities | costs | Total | Total | ||
| (see below) | (note 8) | (see below) | funds | funds | ||
| 2021 | 2021 | 2021 | 2021 | 2020 | ||
| E | ||||||
| Charitable | activities | 338,422 | 16,154 | 19,022 | 373,598 | 274,465 |
| Total 2020 | 249,546 | 16,140 | 8,779 | 274,465 |
| Total | Total | ||
|---|---|---|---|
| Activities | funds | funds | |
| 2021 | 2021 | 2020 | |
| Staff costs (note 10) | 214,104 | 214,104 | 196,568 |
| Mission Partners | 24,562 | 24,562 | 19,080 |
| Crossway Kids |
282 | 282 | 664 |
| Guest events | 341 | 341 | 598 |
| Weekend Away cost |
29,858 | 29,858 | |
| Staff training | 7,382 | 7,382 | 6,870 |
| Music and IT | 9,497 | 9,497 | 18,984 |
| Books | 1,251 | 1,251 | 906 |
| Lord's Supper | 193 | 193 | 70 |
| Bibles and Gospels | 119 | 119 | 195 |
| Refreshments | 2,138 | 2,138 | 575 |
| Rent (venue) | 48,445 | 48,445 | 5,036 |
| Payroll processing | 250 | 250 | |
| Total 2021 | 338,422 | 338,422 | 249,546 |
| Total 2020 | 249,546 | 249,546 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| Activities | funds | funds | ||||
| 2021 | 2021 | 2020 | ||||
| Rent (office) | 1,200 | 1,200 | 894 | |||
| Hospitality | 581 | 581 | 438 | |||
| Travel | 446 | 446 | 487 | |||
| Printing, postage and stationery |
1,600 | 1,600 | 2,507 | |||
| Internet | 500 | 500 | 66 | |||
| Repairs and | maintenance | 1,156 | 1,156 | 27 | ||
| Insurance | 393 | 393 | 390 | |||
| Bank charges | 257 | 257 | 110 | |||
| Payroll processing | 738 | 738 | 680 | |||
| Gifts | 1,795 | 1,795 | ||||
| Promotion | 480 | 480 | 374 | |||
| Legal and consultancy fees | 5,591 | 5,591 | ||||
| Recruitment | expenses | 1,098 | 1,098 | |||
| Other expenses | 402 | 402 | 93 | |||
| Governance | costs: Preparation | and examination | ofannual | |||
| financial statements |
2,785 | 2,785 | 2,713 | |||
| Total 2021 | 19,022 | 19,022 | 8,779 | |||
| Total 2020 | 8,779 | 8,779 |
| Grants and | |||||
|---|---|---|---|---|---|
| Grants to | gifts to | Total | Total | ||
| institutions | individuals | funds | funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| Charitable | grants | 9,000 | 7,154 | 16,154 | 16,140 |
| Total 2020 | 13,350 | 2,790 | 16,140 |
| 9. | Governance | costs - independent | costs - independent | costs - independent | examiner's | examiner's | remuneration | remuneration | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||||
| Preparation | and independent | examination | ofannual | financial statements | 2,772 | 2,713 | |||||
| 10. | Staff costs | ||||||||||
| 2021 | 2020 | ||||||||||
| Gross salaries | (including | clergy stipend) | 152,744 | 137,374 | |||||||
| Employers' | Nl | 9,737 | 9,020 | ||||||||
| Pension costs | (including | clergy pension) | 25,335 | 24,003 | |||||||
| Clergy rental costs | 26,287 | 26,171 | |||||||||
| 214,103 | 196,568 |
| 2021 | 2020 |
|---|---|
| No. | No. |
| During the | year the following | amounts | were paid: | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Reverend | Jamie Child | Stipend | 27,600 | 29,900 | |||
| Pension | contributions | paid | 10,000 | 10,000 | |||
| Other benefits | 26,287 | 26,171 |
| 2021 | 2020 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial | assets | ||||||||||
| Financial | assets | measured | at | fair | value | through | income | and | expenditure | 381,950 | 352,360 |
| Statement offunds | - current | year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | 31 | |||||
| January | Transfers | December | ||||
| 2021 | Income | Expenditure | in/(out) | 2021f | ||
| Unrestricted funds |
||||||
| Designated fund |
||||||
| Futures Fund |
110,000 | 110,000 | ||||
| General funds | ||||||
| General Funds - all |
funds | 224,388 | 381,559 | (364,609) | 5,097 | 246,435 |
| Total unrestricted | funds | 334,388 | 381,559 | (364,609) | 5,097 | 356,435 |
| Restricted funds | ||||||
| Workplace Ministry |
Fund | 5,365 | 8,081 | (1,341) | (4,700) | 7,405 |
| Weekends Support |
Fund | 435 | 795 | (430) | 800 | |
| Hardship Fund |
19,340 | (5,820) | 13,520 | |||
| Leaving gifts |
1,795 | (1,828) | 33 | |||
| 25,140 | 10,671 | (8,989) | (5,097) | 21,725 | ||
| Total funds 2020 | 359,528 | 392,230 | (373,598) | 378,160 |
| Statement | offunds | - prior ye | ar | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at | 31 | ||||||
| 1 January | Transfers | December | |||||
| 2020 | Income | Expenditure | in/(out) | 2020 | |||
| F | |||||||
| Unrestricted funds |
|||||||
| Designated | fund | ||||||
| Futures Fund |
80,000 | 30,000 | 110,000 | ||||
| General funds | |||||||
| General Fund |
187,276 | 335,841 | (267,482) | (31,247) | 224,388 | ||
| Total unrestricted | funds | 267,276 | 335,841 | (267,482) | (1,247) | 334,388 | |
| Restricted | funds | ||||||
| Workplace | Ministry | Fund | 2,001 | 8,025 | (5,473) | 812 | 5,365 |
| Weekends | Support | Fund | 435 | 435 | |||
| Hardship Fund |
20,850 | (1,510) | 19,340 | ||||
| 2,001 | 28,875 | (6,983) | 1,247 | 25,140 | |||
| Total funds | 2019 | 269,277 | 364,716 | (274,465) | 359,528 |
| Summary | offunds - curr | ent year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | 31 | |||||
| January | Transfers | December | ||||
| 2021 | Income | Expenditure | in/(out) | 2021 | ||
| Designated | funds | 110,000 | 110,000 | |||
| General funds | 224,388 | 381,559 | (364,609) | 5,097 | 246,435 | |
| Restricted | funds | 25,140 | 10,671 | (8,989) | (5,097) | 21,725 |
| Total funds 2020 | 359,528 | 392,230 | (373,598) | 378,160 |
| Summary | offunds - prior | year | |||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at | 31 | ||||||
| 1 January | Transfers | December | |||||
| 2020 | Income | Expenditure | in/(out) | 2020 | |||
| F | |||||||
| Designated | funds | 80,000 | 30,000 | 110,000 | |||
| General funds | 187,276 | 335,841 | (267,482) | (31,247) | 224,388 | ||
| Restricted | funds | 2,001 | 28,875 | (6,983) | 1,247 | 25,140 | |
| Total funds | 2019 | 269,277 | 364,716 | (274,465) | 359,528 |
| Analysis | of n | et ass | ets | between funds - cur | rent year | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| 2021 | 2021 | 2021 | |||||
| Current | assets | 369,181 | 21,725 | 390,906 | |||
| Creditors | due | within | one | year | (12,746) | (12,746) | |
| Total | 356,435 | 21,725 | 378,160 |
| Unrestricted | Restricted | Total | |||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| 2020 | 2020 | 2020 | |||||
| Current | assets | 337,778 | 25,140 | 362,918 | |||
| Creditors | due | within | one | year | (3,390) | (3,390) | |
| Total | 334,388 | 25,140 | 359,528 |