| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
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| Report ofthe Trustees | 2 | to | 3 |
| Independent Examiner's Report |
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| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 7 | to | 14 |
| Detailed Statement ofFinancial Activities | 15 | to | 16 |
| Trustees | Mr SJTomlinson | |||
|---|---|---|---|---|
| Mr D A Rurlander | ||||
| Mr A CBlain | ||||
| Principal | address | Moorlands Church |
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| Trinity Community | Centre | |||
| Middle Street | ||||
| LANCASTER | ||||
| LA1 1JZ | ||||
| Registered | charity number | 1176592 | ||
| Independent | examiner | Scott &Wilkinson | LLP | |
| Chartered Accountants |
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| Dalton House | ||||
| 9Dalton Square | ||||
| LANCASTER | ||||
| LA1 1WD | ||||
| Bankers | Cumberland Building Society |
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| 26-28 Cheapside | ||||
| StNicholas Arcades | ||||
| LANCASTER | ||||
| LA1 1LZ |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | |||||||
| Income and endowments | from | ||||||
| Donations snd legacies |
2 | 253,230 | 153,265 | 406,495 | 512,425 | ||
| Investment income |
3 | 2,520 | 2,520 | ||||
| Total | 255,750 | 153,265 | 409,015 | 512,425 | |||
| Expenditure on |
|||||||
| Charitable activities |
|||||||
| Church activities | 231,102 | 39,926 | 271,028 | 304,450 | |||
| NET INCOME | 24,648 | 113,339 | 137,987 | 207,975 | |||
| Transfers between |
funds | 15 | (17,241) | 17,241 | |||
| Net movement in funds |
7,407 | 130,580 | 137,987 | 207,975 | |||
| Reconciliation offunds |
|||||||
| Total funds brought | forward | 334,675 | 638,876 | 973,551 | 765,576 | ||
| Total funds carried | forward | 342,082 | 769,456 | 1,111,538 | 973,551 |
| 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | 8 | |||||||
| Fixed assets | ||||||||
| Tangible | assets | 10 | 122,960 | 577,274 | 700,234 | 700,076 | ||
| Current | assets | |||||||
| Debtors | 11 | 45,593 | 2,651 | 48,244 | 64,145 | |||
| Cash at bank | 182,113 | 195,913 | 378,026 | 299,573 | ||||
| 227,706 | 198,564 | 426,270 | 363,718 | |||||
| Creditors | ||||||||
| Amounts | falling due within one year | 12 | (8,584) | (1,382) | (9,966) | (15,243) | ||
| Net current | assets | 219,122 | 197,182 | 416,304 | 348,475 | |||
| Total assets | less current | liabilities | 342,082 | 774,456 | 1,116,538 | 1,048,551 | ||
| Creditors | ||||||||
| Amounts | falling due afier | inore than one year | 13 | (5,000) | (5,000) | (75,000) | ||
| NET ASSETS | 342,082 | 769,456 | 1,111,538 | 973,551 | ||||
| Funds | 15 | |||||||
| Unrestricted | funds | 342,082 | 334,675 | |||||
| Restricted | funds | 769,456 | 638,876 | |||||
| Total funds | 1,111,538 | 973,551 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Internal giving | 208,671 | 223,988 | ||||
| Gift aid | 37,935 | 40,200 | ||||
| Gift aid - building | fund | 2,651 | 16,870 | |||
| Building fund | 129,238 | 164,479 | ||||
| External giving | 3,657 | 3,115 | ||||
| Gifts for ministry | trainees | 21,377 | 23,580 | |||
| Firstftuits Foundation |
24,988 | |||||
| Graduate alumni |
2,966 | 4,065 | ||||
| Gifts for international | student ministry | 11,140 | ||||
| 406,495 | 512,425 | |||||
| Investment income |
||||||
| 2020 | 2019 | |||||
| Deposit account interest | 2,520 | |||||
| Charitable activities |
costs | |||||
| Grant | ||||||
| funding of | ||||||
| activities | Support | |||||
| Direct | (see note | costs (see | ||||
| Costs | 5) | note 6) | Totals | |||
| Church activities | 263,288 | 5,752 | 1,988 | 271,028 |
| Grants | payable | ||||||
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| Church | activities | 5,752 | 6,852 | ||||
| The total grants paid to institutions | during the year | was as follows: | |||||
| 2020 | 2019 | ||||||
| Contagious camp |
295 | ||||||
| FIEC | 3,252 | 3,551 | |||||
| Friends | International | 2,500 | 2,000 | ||||
| Quints camp | 1,006 | ||||||
| 5,752 | 6,852 | ||||||
| Support | costs | ||||||
| Governance | |||||||
| costs | |||||||
| Church activities | 1,988 | ||||||
| Support | costs, included | in the | above, are as follows: | ||||
| Governance costs |
|||||||
| 2020 | 2019 | ||||||
| Church | Total | ||||||
| activities | activities | ||||||
| Independent examiners |
fee | 1,988 | 1,982 | ||||
| Legal and professional | fees | 511 | |||||
| 1,988 | 2,493 | ||||||
| Trustees' | remuneration | and | benefits | ||||
| 2020 | 2019 | ||||||
| Trustees' | salaries | 35,936 | 35,936 | ||||
| Trustees' | social security | 3,760 | 3,785 | ||||
| Trustees' | pension contributions | to | money purchase | schemes | 7,662 | 3,810 | |
| 47,358 | 43,531 |
| The average monthly num |
ber ofemp | loyees during the year was |
as follows: | ||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| Charitable activities |
5 | 6 | |||
| No employees received einoluments |
in excess of660,000. | ||||
| Comparatives for the statement of |
financial activities | ||||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| Income and endowments | from | ||||
| Donations and legacies |
271,368 | 241,057 | 512,425 | ||
| Expenditure on |
|||||
| Charitable activities |
|||||
| Church activities | 241,423 | 63,027 | 304,450 | ||
| NET INCOME | 29,945 | 178,030 | 207,975 | ||
| Transfers between funds |
(1,088) | 1,088 | |||
| Net movement in funds |
28,857 | 179,118 | 207,975 | ||
| Reconciliation offunds |
|||||
| Total funds brought forward |
305,818 | 459,758 | 765,576 | ||
| Total funds carried forward | 334,675 | 638,876 | 973,551 |
| 10. | Tangible tlxed assets |
Tangible tlxed assets |
|||||
|---|---|---|---|---|---|---|---|
| Fixtures | |||||||
| Freehold | olid | Motor | |||||
| property | fittings | vehicles | Totals | ||||
| Cost | |||||||
| At 1 September 2019 | 695,974 | 2,063 | 18,995 | 717,032 | |||
| Additions | 1,800 | 1,800 | |||||
| At 31August 2020 | 697,774 | 2,063 | 18,995 | 718,832 | |||
| Depreciation | |||||||
| At 1 September 2019 | 2,063 | ]4,893 | 16,956 | ||||
| Charge for year | 1,642 | 1,642 | |||||
| At 31 August 2020 | 2,063 | 16,535 | 18,598 | ||||
| Net book value | |||||||
| At 31August 2020 | 697,774 | 2,460 | 700,234 | ||||
| At 31 August 2019 | 695,974 | 4,102 | 700,076 | ||||
| 11. | Debtors: amounts | falling due within | one year | ||||
| 2020 | 2019 | ||||||
| Other debtors | 44,083 | 58,020 | |||||
| Prepayments | 4,161 | 6,125 | |||||
| 48,244 | 64,145 | ||||||
| 12. | Creditors: amounts | falling due within | one year | ||||
| 2020 | 2019 | ||||||
| Trade creditors | 728 | 5,265 | |||||
| Accrued expenses | 5,056 | 2,421 | |||||
| Deferred income | 4,182 | 7,557 | |||||
| 9,966 | 15,243 |
| 13. | Creditors: amounts | falling due after more than | one year | |||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| Concessiouary loans |
payable (see note 14) | 5,000 | 75,000 | |||
| 14. | Loans | |||||
| An analysis ofthe maturity ofloans is given below: | ||||||
| 2020 | 2019 | |||||
| Amounts falling between one and two years: |
||||||
| Concessionary loan |
5,000 | 75,000 | ||||
| Loans include interest | I'ree loans in the sum ofK5,000(2019- | $75,000). | ||||
| 15. | Movement in funds |
|||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At I/9/19 | in funds | funds | 31/8/20 | |||
| Unrestricted funds |
||||||
| General fund |
282,415 | 24,648 | (17,241) | 289,822 | ||
| Building project | 50,000 | 50,000 | ||||
| Church planting | 2,260 | 2,260 | ||||
| 334,675 | 24,648 | (17,241) | 342,082 | |||
| Restricted funds | ||||||
| High Street Site | 637,568 | 131,888 | 769,456 | |||
| Ministry trainees | 1,308 | (18,549) | 17,241 | |||
| 638,876 | 113,339 | 17,241 | 769,456 | |||
| TOTAL FUNDS | 973,551 | 137,987 | 1,111,538 | |||
| Net movement in funds, included in the above are as follows: |
||||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund |
255,750 | (231,102) | 24,648 | |||
| Restricted funds | ||||||
| High Street Site | 131,888 | 131,888 | ||||
| Ministry trainees | 21,377 | (39,926) | (18,549) | |||
| 153,265 | (39,926) | 113,339 | ||||
| TOTAL FUNDS | 409,015 | (271,028) | 137,987 |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At I/9/18 | in funds | funds | 31/8/19 | |
| Unrestricted funds |
||||
| General fund | 253,558 | 29,945 | (1,088) | 282,415 |
| Building project | 50,000 | 50,000 | ||
| Church planting | 2,260 | 2,260 | ||
| 305,818 | 29,945 | (1,088) | 334,675 | |
| Restricted funds | ||||
| International student ministry |
3,539 | (4,627) | 1,088 | |
| High Street Site | 456,219 | 181,349 | 637,568 | |
| Ministry trainees | 1,308 | 1,308 | ||
| 459,758 | 178,030 | 1,088 | 638,876 | |
| TOTAL FUNDS | 765,576 | 207,975 | 973,551 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund | 271,368 | (241,423) | 29,945 | |
| Restricted funds |
||||
| International student |
ministry | 11,140 | (15,767) | (4,627) |
| High Street Site | 181,349 | 181,349 | ||
| Ministry trainees | 48,568 | (47,260) | 1,308 | |
| 241,057 | (63,027) | 178,030 | ||
| TOTAL FUNDS | 512,425 | (304,450) | 207,975 |