2020-12-31-accounts

Contents		Page
Report ofthe Trustees
Independent Examiner's	Report to the Trustees
Statement ofFinancial Activities (SOFA)
Balance Sheet
Statement ofCash Flows		12
Notes to the Financial Statements		13

Year Ended 31 Dece	mber 2020
			Unrestricted		RestrictedEndowment			Total
		Note	Funds		Funds	Funds		2020
			R		R	R		R
INCOME:
Donations and Legacies
Offerings and Gift Aid tax			373,564					373,564
Donations, other income inc GA tax			51,358		35,162			86,520
Legacies received
Income from Charitable	Activities
Youth accounts			1,679					1,679
Hire of Premises			14,865					14,865
Income from investments
5 Lymington Road —rent			1,300					1,300
Interest receivable			271					271
Total			443,037		35,162			478,199
EXPENDITURE ON:
Charitable Activities
Staff payroll			256,028					256,028
Staffexpenses			7,133					7133
Donations made			49,629		28,476			?8,105
Outreach			6,23.1,,					6,231
Children and Youth Services and worship			2,432, 2,54?'	'				2,432 2,547
Discipleship			241					241
Community			2,005					2,005
Youth accounts Premises			3,039 32,295					3,039 32,295
Office expenses			23,469					23,469
Fabric fund			1,655					1,655
Depreciation			21,736					21,736
Governance Costs Other			3,550 429			jFa	i	3,550 429
Total			412,419		28,476			440,895
Net income/(expenditure)	and net
movement in funds			30,618		6,686			37,304
Transfers between funds			(6,198)		6,198
Total funds at31December 2019			530,092		3,902	636,8121,170,806
Total funds at31December 2020			554,512		16,?86	636,8121,208,110

Year Ended 31 Decemb	er 2019
			Unrestricted	RestrictedEndowment		Total
		Note	Funds R	Funds f	Funds R	2019 R
INCOME:
Donations and Legacies
Offerings and Gift Aid tax			325,555			325,555
Donations, other income inc	GA tax		17,216	30,488		47,704
Legacies received			65,745			65,745
Income from Charitable Activities
Youth accounts			3,406			3,406
Hire ofPremises			55,336			55,336
Income from Investments
5 Lymington Road —rent Interest receivable			1,200 615			1,200 615
Total			469,073	30,488		499,561
EXPENDITURE ON:
Charitable Activities
Staff payroll			203,454			203,454
Staffexpenses			8,661			8,661
Donations made			65,669	33,099		98,768
Outreach			11,909			11,909
Children and Youth			5,133			5,133
Services and worship			2,174			2,174
Discipleship			581			581
Community			5,700			5,700
Youth accounts			2,846			2,846
Premises			43,162			43,162
Office expenses			20,824			20,824
Fabric fund			3,844			3,844
Depreciation			18,170			18,170
Governance Costs			3,180			3,180
Total			395,307	33,099		428,406
Net income/(expenditure)	and net
movement in funds			73,766	(2,611)		71,155
Transfers between funds
Total funds at 31 December 2018			456,326	6,513	636,812	1,099,651
Total funds at 31December 2019			530,092	3,902	636,812	1,170,806

31 December 2	0	20
				2020	2019
			Note		R
Fixed assets
Tangible assets				939,701	949,230
				939,701	949,230
Current assets
Debtors				10,632	8,187
Cash at bank and	in	hand		260,527	215,889
				271,159	224,076
Current liabilities
Creditors: amounts	falling due within one year			(2,750)	(2,500)
Net current assets				268,409	221,576
Net assets				1,208,110	1,170,806
Funds
Unrestricted income		funds	9	554,512	530,092
Restricted funds			10	16,786	3,902
Endowment funds			10	636,812	636,812
Total funds				1,208,110	1,170,806

31 December 2020
				2020	2019
Cash flows from operating	activities			55,274	82,959
Cash flows from investing	activities
Rent received				1,300	1,200
Interest income				271	615
Purchase oftangible fixed assets				(12,207)	(308,887)
Cash flows from investing	activities			(10,838)	(307,072)
Increase (decrease) in cash	and cash equivalents		in the year	44,638	(224,113)
Cash and cash equivalents	atthe beginning	ofthe	year	215,889	440,002
Cash and cash equivalents	atthe end of	the year		260,527	215,889

			2020	2019
				R
Wages, salaries and social security costs			224 602	181046
Pension costs			31,426	22,408
			256,028	203,454
Average number ofemployees		in period
Ministerial staff
Administrative	staff
CAP centre manager

Tangible fixed assets
				IT&
		Freehold	Fixtures &	technical
	Church	Property	Fittings	equipment	Total
	R	R	R	R	R
CostNalu ation
At 1 January 2020	636,812	298,741	9,484	31,210	976,247
Additions			3,558	8,649	12,207
At 31December 2020	636,812	298,741	13,042	39,859	988,454
Depreciation
At 1 January 2020		5,975	3,792	17,250	27,017
Charge forthe period		5,975	2,608	13,153	21,736
At 31December 2020		11,950	6,400	30,403	48,753
Net book value
At 31December 2020	636,812	286,791	6,642	9,456	939,701
At 31December 2019	636,812	292,766	5,692	13,960	949,230

5	Debtors
		2020	2019
		R	R
	Trade debtors	1,368	2,867
	Accrued income	9,264	5,320
		10,632	8,187
6	Bank and cash
		2020	2019
		R
	CAF	202,322	157,703
	Virgin Money	50,000	50,000
	Boys Brigade	284	284
	Baptist Union Trust Account	7,848	7,823
	Office petty cash	73	79
		260,527	215,889
7	Creditors: amount falling due within one year
		2020	2019
		R
	Creditors and accruals	2,750	2,500

Unrestricted	funds ofthe	charity
		1				31
		January	Income	Expenditure	Transfers	December
		2020				2020
		R	R			R
Designated	funds:
Special project fund		80,821	45,408	(36)	(14,331)	111,862
Youth account		746	1,679	(3,039)	641	27
Hall Project	Fund	1,027	714	(1,741)
Manse Fund			1,000		3,000	4,000
		82,594	48,801	(4816)	(10690)	115,889
General funds		447,498	394,236	(407,603)	4,492	438,623
		530,092	443,037	(412,419)	(6,198)	554,512

Comparative	information in	respect ofthe prece	ding period	is as follows:
		1				31
		January	Income	Expenditure	Transfers	December
		2019				2019
		R				R
Designated	funds:
Special project fund		16,436	80,147	(15,762)		80,821
Youth account			3,592	(2,846)		746
Hail Project	Fund		3,029	(2,002)		1,027
		16,436	86,768	(20,610)		82,594
General funds		439,890	382,305	(374,69?)		447,498
		456,326	469,073	(395,307)		530,092

Endowment and	restricted	funds
		1				31
		January	Income	Expenditure	Transfers	December
		2020f	R	R	R	2020 R
Restricted funds
Albania Mission
Anode		200			(200)
ToWNS Project		253	36	(271)	(18)
Pastoral fund		368	13,698	(13,165)	5,703	6,604
Harvest appeal			8,794	(9,000)		(206)
Individual support	fund		3,474	(1,832)	(1)	1,641
MomOut			288			288
Mission Budget			2,110			2,110
BMSWorld Vision		25	184	(209)
Men's Ministry Giving Booklet 2018		776 375	145	(520)	(776)
Other restricted funds		1,905	6,433	(3,479)	1,490	6,349
		3,902	35,162	(28,476)	6,198	16,786
Endowment fund
Church premises		636,812				636,812
		640,714	35,162	(28,476)		653,598

			Unrestricted	Restricted	Endowment	2020
			Funds	Funds	Funds	Total
			R	R	R	R
Tangible assets			302,889		636,812	939,701
Debtors			10,632			10,632
Cash at bank	and	in hand	243,741	16,786		260,527
Other current	liabilities		(2,750)			(2,750)
			554,512	16,786	636,812	1,208,110
Comparative	information		in respect ofthe preceding period is as follows:
			Unrestricted	Restricted	Endowment	2019
			Funds	Funds	Funds	Total
			R	R	R	K
Tangible assets			312,418		636,812	949,230
Debtors			8,187			8,187
Cash at bank	and	in hand	211,987	3,902		215,889
Other current	liabilities		(2,500)			(2,500)
			530,092	3,902	636,812	1,170,806

Reconciliation ofn	et	movement in fund	s to net cash flow fr	om operating activities
				2020	2019
				R	R
Net income/(expenditure)		forthe reporting	period	37,304	71,155
Adjustments for:
Depreciation charges				21,736	18,170
Rent receivable Interest income (Increase)/decrease Increase/(decrease)	in in	debtors creditors		(1,300) (271) (2,445) 250	(1,200) (615) (4,551)
Net cash from operating		activities		55,274	82,959

Ye	ar ended 31 Decem	ar ended 31 Decem	ber 2020
13	Analysis ofchanges		in net debt
				1Jan	Cash	31 Dec
				2020	flows	2020
				R	R
	Cash at bank and	in hand		215,889	44,638	260,527
				215,889	44,638	260,527
	Loans due within	one	year
	Loans due after more		than one year
	Total			215,889	44,638	260,527