2020-12-31-accounts - Luton And Leighton Area Quaker Meeting Of The Religious Society Of Friends (Quakers) In Britain

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

			Unrestricted	Funds			Unrestricted	Funds
		Note	Area	Local	Restricted	Total	Area	Local	Restricted	Total
			Meeting	Meedngs	Funda	2020	Meeting	Meegngs	Funds	2019
							6
INCOME
Donations ard				118,859		118,859	198,668			254,837
legacies
Other trading activities Investments Charitable actlvibes Other		5 6	40,737 2,946 1,996 5,187	78.995 504		119,732 3,450 7,056	44,090 2,639 13,507 8,161	146,447 696 10 674		190,537 3,335 13,517 8,835
Total			50,866			251,093	267,065			471,061
EXPENDITURE
Charitable acttvldes		7	65,607	217214		282,821	118,123	188,294		286,417
Total		1/2	65.607	217,214		282,821	118,123	168,294		286,417
Net gains/gosses)	on		(712)	1,008			14,403	1,170		15,573
investments
Net income			(15,453)	(15,979)		(31,432)	163,345	36,872		200,217
/(expenditure)
Transfer between		9	9,072	(9,072)			56,626	(56,626)
funds
Net movement	in		(6,381)	(25,051)		(31,432)	219,971	(19,754)		200,217
funds
Funds brought				242,471	7,260,195	8,086,257	296,579	274,286
forward at 1 January
Total funds			577,210	217,420	7,260,195	8.054.825	516,550	254,532		771,082
Transfer from old		20		13,146		13,146	67,041	(12,061)	7,260,195	7,315,175
charity
Funds carried
forward at31			6577,210	9230,566	67260,195	68,067,971	6583,591	f242,471	67,260,195	r8,088,257
December

		umaatrtcted	Funds			unrestricted	Funda
		Ares	Local	ResbicM	Total	Ares	Local	Restricted	Total
	Notes	Meeting	Mee5cga 6	Funds r.	2020	Meeting 6	Meetings r	Funds r.	2019 6
Fixed saasls
1nvestrnents Freehoid property	18 17	60,733	8,369	t,t44.8/0 6,115,325	1,233,9?2 6,115,325	S1,444	T,362	1,144,870 6,115,325	1,233,S76 6,115,325
Current ess4ts
Debtors Short term depends	10	725 202,550	2,168 99,577		2,S93 302,127	6,202 150,529	t,891 121,639		8,093 272,168
Cash at bank and ln hend		293,202	'121,177		414,379	345,416	111,866		457,282
		496,477			719,399	502,14Z			737,543
Usbilitlas
creditors due
wtttun oful year	11		725		725		287		287
		498,477	222.197		718,674	502,147	235,109		737,256
7ota1assets less
current ttabilittaa		577,210		7,260,195	8,086,25?	583,591	242,471	7,280,195	8,086257
Total funda	18	6 577,210		67,260,195	68,067,971	583,591	6 242,171	87,260,195	68,086,257

			2020		2019
			f.		f.
Cash flows from operating activities:
Net movement in funds per statement offinancial activIes		(18,286)			7,515,392
Adjustments for:
Decrease in debtors			5,200		(5,573)
Decrease in creditors			438
Net cash provided by operating activities		(	12,648)		7,507,332
Cash flows from investing activities:
Purchase oftangible fixed assets		(	296)	(7,349,001)
Net cash provided by/ (used in) investing	activities	6 (	12,944)	F-	158,331
Change in cash and cash equivalents in the	year	(	12,944)		158,331
Cash and cash equivalents brought forward		729,450			571,119
Cash and cash equivalents carried forward		6 716,506			729,450
Analysis ofcash and cash equivalents			2020		2019
Cash at bank		F 716,506		F. 729,450

	FOR THE YEAR	ENDED 31 DECEMB	ER 2020
1	Unrestricted Funds (Area Meeting)
		General	Camp	Stapleton		Total	Total
		Fund	Committee	Fund		2020	2019
						6
	Income
	Donations and legacies						198,668
	Other trading activities	40,737				40,737	44,090
	Investments Charitable activities	2,918 1,996	28			2,946 1,996	2,639 13,507
	Other —Furlough grants (2020)	5,187				5,187	8,161
	Total	50,838	28			50,866	267,065
	Expenditure
	Charitable activities	64,493	1,114			65,607	118,123
	Total	64,493	1,114			65,607	118,123
	Net gains/{losses on investments	(712)				(712)	14,403
	Net income/(expenditure)	(14,367)	(1,086)			(15,453)	163,345
	Transfer between funds
	From Local Meetings	12,950				12,950	34,051
	Other Local Meetings			(3,878)		(3,878)	22,575
	Transfer between funds	12,950		(3,878)		9,072	56,626
	Net movement in funds	(1,417)	(1,086)	(3,878)		(6,381)	219,971
	Funds brought forward at 1 January	375,079	14,378	194,134		583,591	296,579
	Total funds	373,662	13,292	190,256		577,210	516,550
	Transfer from old charity						67,041
	Funds carried forward	6373,662	13,292	f.190,256		%577,210	f583,591
	Total funds held as
	Investments	80,733				80,733	81,444
	Total fixed assets	%80,733	6 Nil	L	Nil	F80,733	L' 81,444
	Short term deposits	202,550				202,550	150,529
	Debtors	725					6,202
	Cash at bank and in hand	89,654	13,292	190,256		293,202	345,416
	Total current assets	292,929	13,292	190,256		496,477	502,147
	Less creditors due within one year
	Net current assets	292,929	13,292	190,256		496,477	502,147
	Total assets less current liabilities	L' 373,662	6 13,292	f 190,256		6577,210	f583,591

O 5	lf Il O I	g I	)g+ DeZIf	)g+ DeZIf	Z	'I		O I y			D Ã
	I
I		D		D I Da	8 nl	O
D
																	I
																O	O 0
												o	co		0 rC m 0z	m a—Ctl 0
																0	Q
												CD0 WI 0			mme zgz Om~0 OOZ co ~ 2 XZ	ca co	M Q)
												Ol 9b			omm m2 2 n"o m0c W C KO~ mz& ~ ~tll IO Ol ill O	QI 0 QI O	Cb5'
														CD g 0)0	Icl lll 0 Z 0 CL Q		0& Cb 0
														I
														IOR O
																	CI
																	O
												O	P	ocI
												a@ N0		ID
												I	DI I
												8	CD I	a
									8			O	0
									4	8	8	SC
												Ch	D
			0 I 0	0 U	8		o	IB		0-N		I	CI

									2020		2019
	Lettings							f119,732		f190,537
	All amounts received in 2019and 2020			relate to unrestricted			funds.
6.	Investment income
									2020		2019
	Bank interest and dividends		received						f3,450		f3,335
	All amounts received in 2019and 2020			relate to unrestricted			funds.
7	Expenditure on charitable		activities
									Total		Total
				Direct	Grants f			Support f	2020		2019 f.
	Events and conferences			2,376						2,376	5,960
	Children and young people			792						792	153
	Outreach, library, literature,		etc.	1,648						1,648	1,96?
	Catering and hospitality			229						229	226
	Elders and overseas,			1,142						1,142	513
	Governance (Note 13)							13,666	13,666		6,248
	Contribution to yearly meeting				53,800				53,800		43,800
	Other contributions				24,509				24,509		3,061
	Grants to individuals					1	091			1,091	1,693
	Contributions and subscriptions Other (incl. utilities)							1,396 7,113		1,396 7,113	1,215 10,710
	Premises repair and maintenance							76,305	76,305		126,884
	Premises improvements							3,406		3,406	1,370
	Insurance and other							14,314		14,314	14,221
	Wardens, caretaking and	deaning						52,853	52,853		48,077
	Heat, light and services							21,699	21,699		17,056
	Furniture and equipment	and other						6,482		6482	3263
				f6,187	f79,400			f197,234	f282,821		f286,417

10	Debtors
								Leighton	hg«on	St
					General		Harpenden	Suzzsrd	Keynes	Albans	2020	2019
					Fund f.		LM	LM	LM E	LM	Totalf	Total
	Letttngs
	Gift Aid refund Sundry debhtrs						1,281 887				1,281 887	1,104 6,989
	Total					fNil		L Nil	L'Nil
11	Creditors
								Lelghton	ss«on	st
					General			Buzzard	Keynes	Athens	2020
					fund			LM	LM	LM	Total
								6	E		r.
	Sundry Creraors				ENrl	f725				ENil	f725I
12	Contributions		and	grants
								Area	Local	«esbtcbul	2020	2019
								Mse«ng	tsse«ng	Funds	Total	Total
										E	E	E
	To Britain Yearly Meeung										53,800	43,800
	To other chantable		causes								24,509	3,061
	To indhtdtmls								1,091		1,091	1,693
	Total								E75,400		f79,4fc	648,554
13	Governance
											2020	2019
											Total	Total
	Independent	ezemiretlon		costs							1,320	1,176
	Other costs										12,346	5,072
	Total										f13,666	r6,248
14	Acting as	Agent
												2019
												Totalf
	In										6,535	6,098
	Out										6,535	8,698
	Total											Ent
16	Staffcosts
											2020	2018
											Total	Total
											E	E
	Saunce Social Securltv Costs!t Pensee				costs						52,534 319	47,768 309
	Total										652,853	E48077

nvestments
						2020	2019
						Total 0	Tots If
Quoted lAVBBhnsras						89,102	88,806
IlwsshllB 0Iprops fess						1,144,870	1,144,870
						61,233,972	61,233,676
tired ABBBIl~'						2020 Totalf	2019 Total
Market vstus Bt 1 JBIMBM 2019						88,806
On transfer							73,233
Net cures ised petnrposs)							15,573
Market value Bt31 December 201e						689,102	668,806
			Gsnend	Hemsl	St	2020	2019
The market vetuetbn ofinvestments		hekt at 31 Dscemtb rwss	Fundf	Hampstead E	Athens	Totalf	Total
Rssponskm UK Equity Growth RB~UK Inccrra Fund	Fund		47,681 9,381			47,681 9,381	50,879 10,837
Responsibb Gbhel Equtty Fund			23,671			23,671	19,728
Aberdeen Ethbel World Unit Trust				8,149		8,149	7,142
Treidcrett (urKlrbted)						220	220
Total				68,149		f89,102	1'88,806

	Chari	tab	le /neo	le /neo	rated 0 anization Cha '	rated 0 anization Cha '	rated 0 anization Cha '	number 1	1738	85
			LUTON 8		LEIGHTON AREA QUAKER			MEETING
					NOTES TO THE ACCOUNTS
			FOR THE YEAR ENDED 31 DECEMBER 2020
	The Area Meebng eihe bensfiomi		owner of	the iolkndng
	funcbone I properties					Orfgfnal costf	Data of ecquts/Sm	Addidons 6	Oats or	Deemed Cost 2020
	Bedksd meeting house
	5Lansdowno Road, Berrord MK40 2BY Be~meaang house and bunel ground					3,000	1955	157,097	1999	1,230,000
	289 High Street, Berkhamsted	HP4 1AJ				489	1818
	Harpenden meetng house
	12Southdown Road, Harpend. n AL5 IPD Hentel Hsrnpusad rrrstrtlng house end burlei grourld 22 St Matys Road, Hemel~HP2 5HL					1,500 132	1931 1718	37,741
	Lelghtorr Buzzard rrweang house ertd budei			gtound
	rear of27-29 North Sheet, Leighton		Buzzard			Gift	1744
	Lukrn mesbng house end cottage
	28 Crawley Green Road, Luton	LU2 0QX				11,029					370,000
	Luton bunei grorski					200	1864
	Milton Keynss meeting house
	I Daldey Gardens, Downhead	Park, Milton Ksynes			MK159AEP	232,000	1986
	St Athens mee5ng house
	7 Upper Latbmore Road, StAthens		AL1 3UD			490	1912	209,475	1996		505,0IM
	Watrord meeting house
	150Church Road, Watford WDI 3QB					1,200	1953	253,231	2007
										66,115,325
18	Unrestricted funds						Area	Local	2020				2019
							Meeting f	Meeang f	Total 8				Total F
	Balance brought forward	at 1 January 2020					583,591	242,471	828,062			570,865
	Net (outgoing)/incoming	resources					(14,741)	(16,987)	(31,728)			184,644
	Gains/(losses) on investments						(712)	1,008		296			15,573
	Transfers between funds						9,072	(9,072)
	Transfer to/from old charity							13,146	13,148				54,980
	Balance carried forward at 31 December 2020						F577,210	f230,566	6807,776		8826,062
	Restricted funds
	Transfer from old chsltty										7,280, 195
	Balance brought forward	st	1 January 2020				7,260,195		7,260,195
	Balance carried forward at 31 December 2020					87,260,195		— 87,260,195			7,260,195
	Total funds
						87,836,680		f230,566	F8,067,971		f8,086,257
19	Analysis ofnet assets	behveen		funds	at		Unrestricted
	31 December 2020						Area	Local	Reshicted		Total funds
							Meeting	Meeting
										8
	Investments						80,733	8,369					89,102
	Investment properties								1,144,870		1,144,870
	Freehold properties								8,115,325		6,115,325
	Current assets						496,477	222,197				718,674
	Current liabilities
							8577,210	f230,566	f7,260,195		f8,067,971