| Pages | ||||
|---|---|---|---|---|
| Legal and administrative | information | |||
| Trustees' AnnualReport | 3-5 | |||
| Independent Examiner's |
Report | |||
| Statement ofFinancialActivities | ||||
| Summary Income and |
Expenditure | Account | ||
| Balance Sheet | ||||
| Notes to the Accounts | 10to | 13 | ||
| Detailed Statement of | Financial Activities | 14to | 15 |
| forthe year ended 31 Decemb | er 2021 | |||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total funds | Total funds | ||
| 2021 | 2021 | 2020 | ||
| Notes | E | E | f | |
| Income and endowments | ||||
| from: | ||||
| Donations, tithes &offerings | 293,514 | 293,514 | 838,176 | |
| Total | 293,514 | 293,514 | 838,176 | |
| Expenditure on: |
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| Charitable activities |
215,732 | 215,732 | 160,971 | |
| Other | 136,446 | 136,446 | 77,385 | |
| Total | 352,178 | 352,178 | 238,356 | |
| Net gains on investments | ||||
| Net (expenditure)/income | (58,664) | (58,664) | 599,820 | |
| Transfers between funds |
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| Net (expenditure)/income | (58,664) | (58,664) | 599,820 | |
| before other gains/(losses) | ||||
| Other gains and losses | ||||
| Net movement in funds |
(58,664) | (58,664) | 599,820 | |
| Reconciliation offunds: |
||||
| Total funds brought forward |
744,645 | 744,645 | 144,825 | |
| Total funds carried forward | 685,981 | 685,981 | 744,645 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| Income | 293,514 | 838,176 | |||
| Gross income for | the year | 293,514 | 838,176 | ||
| Expenditure | 345,861 | 238,356 | |||
| Depreciation | and | charges for | |||
| impairment | offixed assets | 6,317 | |||
| Total expenditure | for the | year | 352,178 | 238,356 | |
| Net (expenditure)/income | before tax | ||||
| for the year | (58,664) | 599,820 | |||
| Net (expenditure | )/income for the year | (58,664) | 599,820 |
| at 31December | 20 | 21 | |||
|---|---|---|---|---|---|
| Notes | 2021 | 2020 | |||
| 6 | 6 | ||||
| Fixed assets | |||||
| Tangible assets | 6 | 1,475,131 | 1,399,648 | ||
| 1,475,131 | 1,399,648 | ||||
| Current assets | |||||
| Debtors | 134,194 | ||||
| Cash at bank | and | in hand | 23,350 | 25,302 | |
| 23,350 | 159,496 | ||||
| Net current assets | 23,350 | 159,496 | |||
| Total assets less | current liabilities | 1,498,481 | 1,559,144 | ||
| Creditors: Amounts | falling due after more than one year | 8 | (812,500) | (814,499) | |
| Net assets excluding | pension asset or liability | 685,981 | 744,645 | ||
| Total net assets | 685,981 | 744,645 | |||
| The funds ofthe | charity | ||||
| General funds | |||||
| Unrestricted | funds | 9 | 685,981 | 744,645 | |
| 685,981 | 744,645 | ||||
| Total funds | 9 | 685,981 | 744,645 |
| The financial | The financial | statements have been prepared under the historical cost convention in accordance with |
statements have been prepared under the historical cost convention in accordance with |
the |
|---|---|---|---|---|
| Statement | of Recommended Practice (SORP):Accounting and reporting by Charities preparing their |
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| accounts | in | accordance with the Financial Reporting Standard applicable in the UK and Republic of |
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| Ireland (FRS102)and | with the Charities Act 2011. | |||
| Fund | ||||
| General funds | These are unrestricted funds available for use at the discretion ofthe Trustees in |
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| furtherance ofthe general objectives ofthe charity and which have not been |
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| designated for other purposes. |
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| Restricted | funds | These can only be used for particular restricted purposes within the objects ofthe |
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| charity. Restrictions arise when specified by the donor or when funds are raised |
for | |||
| particular restricted purpose. |
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| Incoming | resources | |||
| Voluntary | income | This comprises donations in the form ofregular offerings and tithes, provides core |
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| funding. This is recognised where there is entitlement, certainty ofreceipt and the |
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| amount can be measured with sufficient reliability. |
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| Volunteer | help | The value ofservices provided by volunteers is not incorporated into these financial |
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| statements. Further details ofthe contributions made by volunteers can be found |
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| in the Trustees' Report. |
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| Resources | expended | |||
| Direct costs | Direct costs comprise those costs incurred by the charity in the delivery ofits |
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| activities. It includes both costs that can be allocated directly to such activities and |
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| those costs of an indirect nature neccesary to support them | ||||
| Expenditure is recognised on an accruals basis as liability is incurred. Charitable |
and | |||
| non-charitable expenditure is allocated to the respective activities and any shortfall |
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| that is funded from unrestricted funds. Where costs cannot be directly attributed |
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| to particular headings they have been allocated to activities on a basis consistent |
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| with the use ofresources. | ||||
| Cost ofcharitable | Cost ofcharitable activities are those costs relating to the activities carried out to |
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| activities | meet the objectives ofthe church. These include both directly attributable costs |
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| and apportioned support costs. |
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| Governance | costs | Governance costs are the costs associated with the strategic direction ofthe |
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| organisation and with meeting the constitutional, legal and regulatory |
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| requirements ofthe charity. |
| Income from | donations a |
nd legacies | |||
|---|---|---|---|---|---|
| Unrestricted | Total | Total | |||
| 2021 | 2020 | ||||
| E | |||||
| 293,514 | 293,514 | 838,176 | |||
| 293,514 | 293,514 | 838,176 | |||
| Expenditure | on charitable | activities | |||
| Unrestricted | Total | Total | |||
| 2021 | 2020 | ||||
| Expenditure | on charitable | ||||
| activities | |||||
| 215,732 | 215,732 | 160,971 | |||
| Governance | costs | ||||
| 215,732 | 215,732 | 160,971 |
| Other expenditure | ||||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| 2021 | 2020 | |||
| Premises costs | 64,596 | 64,596 | 59,081 | |
| Amortisation, depreciation, |
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| impairment, profit/loss |
on | 6,317 | 6,317 | 5,950 |
| disposal offixed assets | ||||
| General administrative | costs | 30,171 | 30,171 | 1,855 |
| Legal and professional | costs | 35,362 | 35,362 | 10,499 |
| 136,446 | 136,446 | 77,385 |
| ng the year was as | follows: |
|---|---|
| 2021 | 2020 |
| Number | Number |
| 2 |
| Landand | Computer 8 | Furniture & |
Total | |||
|---|---|---|---|---|---|---|
| buildings | Equipment | Fixtures | ||||
| Cost or revaluation | ||||||
| At 1January | 2021 | 1,381,800 | 9,293 | 8,555 | 1,399,648 | |
| Additions | 81,800 | 81,800 | ||||
| At 31December 2021 | 1,463,600 | 9,293 | 8,555 | 1,481,448 | ||
| Depreciation | and | |||||
| impairment | ||||||
| Depreciation | charge for the | 5,894 | 220 | 203 | 6,317 | |
| year | ||||||
| At 31December 2021 | 5,894 | 220 | 203 | 6,317 | ||
| Net book values | ||||||
| At 31December 2021 | 1,457,706 | 9,073 | 8,352 | 1,475,131 | ||
| At 31December 2020 | 1,381,800 | 9,293 | 8,555 | 1,399,648 | ||
| 7 | Debtors | |||||
| 2021 | 2020 | |||||
| f | ||||||
| Trade debtors | 134,194 | |||||
| 134,194 |
| 8 | Creditors: | ||||||
|---|---|---|---|---|---|---|---|
| amounts | falling due after more than one year | ||||||
| 2021 | 2020 | ||||||
| Other creditors | 812,500 | 814,499 | |||||
| 812,500 | 814,499 | ||||||
| 9 | Movement | in funds | |||||
| Incoming | |||||||
| resources | |||||||
| At 31 | |||||||
| (including other |
Resources expended |
December 2021 |
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| At 1January | gains/losses | ||||||
| 2021 | ) | ||||||
| 6 | |||||||
| Restricted | funds: | ||||||
| General funds: | |||||||
| Unrestricted | funds: | 744,645 | 293,514 | (352,178) | 685,981 | ||
| Total funds | 744,645 | 293,514 | (352,178) | 685,981 | |||
| 10 | Analysis of | net assets between funds | |||||
| Unrestricted | |||||||
| Total | |||||||
| funds | |||||||
| 6 | 6 | ||||||
| Fixed assets | 1,475,131 | 1,475,131 | |||||
| Net current | assets | 23,350 | 23,350 | ||||
| Creditors provisions |
due in more than one year and | (812,500) | (812,500) | ||||
| 685,981 | 685,981 | ||||||
| 11 | Reconciliation ofnet debt | ||||||
| At 31 | |||||||
| At 1January | December | ||||||
| 2021 | Cash flows | 2021 | |||||
| 6 | 6 | 6 | |||||
| Cash and | cash equivalents | 25,302 | (1,952) | 23,350 | |||
| 25,302 | (1,952) | 23,350 | |||||
| Net debt | 25,302 | (1,952) | 23,350 |
| for the year ended 31D | ec | em | ber 2021 | |||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| 2021 | 2021 | 2020 | ||||
| E | E | E | ||||
| Income and endowments | from: | |||||
| Donations and legacies |
||||||
| 293,514 | 293,514 | 838,176 | ||||
| 293,514 | 293,514 | 838,176 | ||||
| Total income and endowments | 293,514 | 293,514 | 838,176 | |||
| Expenditure on: |
||||||
| Charitable activities |
||||||
| 215,732 | 215,732 | 160,971 | ||||
| 215,732 | 215,732 | 160,971 | ||||
| Total ofexpenditure on activities |
charitable | 215,732 | 215,732 | 160,971 | ||
| Premises costs | ||||||
| Rent | 39,765 | 39,765 | 4,697 | |||
| Light, heat and power | 495 | 495 | 570 | |||
| Premises repairs and maintenance |
24,336 | 24,336 | 53,814 | |||
| 64,596 | 64,596 | 59,081 | ||||
| General administrative | costs, | |||||
| including depreciation |
and | |||||
| amortisation | ||||||
| Depreciation of land and buildings |
5,894 | 5,894 | ||||
| Depreciation ofComputer Equipment |
& | 220 | 220 | 3,098 | ||
| Depreciation of Furniture Fixtures |
& | 203 | 203 | 2,852 | ||
| Bank charges | 23,994 | 23,994 | 1,855 | |||
| General insurances | 6,177 | 6,177 | ||||
| 36,488 | 36,488 | 7,805 | ||||
| Legal and professional | costs | |||||
| Accountancy and bookkeeping |
2,400 | 2,400 | 2,000 | |||
| Other legal and professional costs |
32,962 | 32,962 | 8,499 | |||
| 35,362 | 35,362 | 10,499 | ||||
| Total ofexpenditure of |
other | costs | 136,446 | 136,446 | 77,385 | |
| Total expenditure | 352,178 | 352,178 | 238,356 | |||
| Net gains on investments | ||||||
| Net (expenditure)/income | (58,664) | (58,664) | 599,820 |