OpenCharities

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2020-12-31-accounts

**Page (s) **
**Charity information ** 1-2
**Trustees' annual report ** 2-6
**Statement of directors' responsibilities ** 7-8
**Independent accountant's report ** 9-10
Funds statements:-
Statementof financialactivities 11
Movementsinfunds 12
Incomeandexpenditure account 13
**Balance sheet ** 14
**Notes to the accounts ** 15-22

**2020 ** **2019 **
£ £
**Net income ** 36,901 5,689
Unrestrictedrevenuefundsavailablefor
thegeneralpurposesofthecharity, 108,283 71,382
**Total funds ** 108,283 71,382

Current year
**Unrestricted **
Current year
**Restricted **
Current year
**Total funds **
Prior year
**Total **
**funds ** **funds ** **funds **
**2020 ** **2020 ** **2020 ** **2019 **
Income &**endowments from: ** £ £ £ £
Donations&legacies 91,792 91,792 75,794
**Expenditure on: **
Charitableactivities 54,891 **54,891 ** 70,105
**Total expenditure ** **54,891 ** **54,891 ** **70,105 **
**Net income forthe year ** **36,901 ** **36,901 ** **5,689 **
**Net income after transfers ** **36,901 ** **36,901 ** **5,689 **
**Net movement in funds ** **36,901 ** **36,901 ** **5,689 **
**Total funds brought forward ** 71,382 **71,382 ** 65,693
**Total funds carried forward ** **108,283 ** **108,283 ** **71,382 **
**2020 ** **2019 **
£ £
Funds generatedinthe yearasdetailedintheSOFA
Resourcesapplied onfunctionalfixed assets
36,901 5,689
(6,938)
**Net resources available to fund charitable activities ** **36,901 ** **(1,249) **
Accumulatedfundsbroughtforward Accumulatedfundsbroughtforward Unrestricted
funds
2020
£

71,382
Restricted
funds
2020
£
Total
funds
2020
£
71,382
Last year
Total funds
2019
£
**65,693 **
Recognisedgainsandlosses
beforetransfers
36,901 36,901 5,689
**108,283 ** **108,283 ** --
**71,382 **
**Closing revenue funds ** **108,283 ** **108,283 ** **~382 **
**Summary of funds ** Unrestricted
and
**Designated funds **
Restricted
funds
Total
**funds **
Last year
**Total funds **
2020
£
2020
£
2020
£
2019
£
Revenueaccumulatedfunds 108,283 **108,283 ** 71,382
**2020 ** **2019 **
**Income ** £ £
Incomefromoperations 84,503 66,921
RefundsfromHMRCon giftaided donations 7,289 8,873
**Gross income in the year before exceptional items ** **91,792 ** 75,794
**Gross income in the year including exceptional items ** **91,792 ** 75,794
**Expenditure **
Charitableexpenditure,excluding depreciation andamortisation
Depreciationand amortisation
Governancecosts
52,318
1,823
750
67,682
1,823
600
**Total expenditure in the year ** **54,891 ** **~105 **
**Net income before tax in thefinancial year ** **36,901 ** **5,689 **
Tax onsurplusonordinaryactivities
**Net income after tax in thefinancial year ** **36,901 ** **5,689 **
**Retained surplusfor the financial year ** **36,901 ** **5,689 **
Allactivitiesderivefromcontinuingoperations.
Notes **2020 ** **2019 **
**Fixed assets ** £ £
Tangibleassets 6 5,738 7,561
**Current assets **
Debtors 7 10,250
Cashatbankandinhand 100,423 65,021
**Total current assets ** 110,673 65,021
Creditors: amounts falling due
**within one year ** 8 (8,128) (1,200)
**Net current assets ** 102,545 63,821
**The total net assets of the charity ** **108,283 ** 71,382
**Thetotal net assets of the charity are funded **
**by the funds of the charity, as follows:- **
**Unrestrictedfunds **
Unrestrictedrevenuefunds 12 108,283 71,382
**Total charity funds ** 108,283 **71,382 **

Current year **Office ** **Motor **
**equipment ** **vehicles ** **Total **
**Cost ** £ £ £
At1January2020 6,821 4,000 10,821
**At 31 December 2020 ** **6,821 ** **4,000 ** **10,821 **
**Depreciation **
At1January2020
Chargeforthe year
2,460
1,023
800
800
3,260
1,823
**At 31 December 2020 ** **3,483 ** **1,600 ** **5,083 **
**Net book value **
**At 31 December 2020 ** **3,338 ** **2,400 ** **5,738 **
**At 31 December 2019 ** **4,361 ** **3,200 ** **7,561 **

**2020 ** **2019 **
Prepayments-rent £ £
Leasedeposit 5,250
5,000
**10,250 **
8 **Creditors: amounts falling duewithin one year ** **2020 ** **2019 **
Accruals £ £
8,128 11200
9 **Income and expenditure account summary ** **2020 ** **2019 **
£ £
At 1 January2020
Surplusaftertaxfortheyear
71,382
36,901
65,693
5,689
**At31 December 2020 **
**108,283 ** 71,382
**At 31 December 2020 ** **Unrestricted ** **Designated ** Restricted **Total **
funds
funds

**funds **
**funds **
Tangiblefixedassets
Currentassets
Currentliabilities
£
5,738
110,673
(8,128)

£

£
£
5,738
110,673
**(8,128) **
**108,283 ** **108,283 **
**At1 January 2020 ** Unrestricted
**funds **
Designated
**funds **
Restricted
**funds **
Total
**funds **
Tangiblefixed assets
Currentassets
Currentliabilities
£
7,561
65,021
(1,200)
£ £ £
7,561
65,021
**(1,200) **
**71,382 ** 71,382

**Funds ** **Transfers ** **Funds **
**brought ** **Movement ** **between ** **carried **
**forward ** **in funds in ** **funds in ** **forward to **
**from 2019 ** **2020 ** **2020 ** **2021 **
£ £ £ £
Unrestricted and designated funds:-
Unrestrictedrevenuefunds 71,382 36,901 **108,283 **
**Total unrestricted and designated funds ** **71,382 ** **36,901 ** **108,283 **
**Total charity funds ** **71,382 ** **36,901 ** **108,283 **
**Other **
**Income ** **Expenditure **
gains &
**Movement **
**losses ** **in funds **
**2020 ** **2020 **
**2020 **
**2020 **
Unrestricted and designated funds:- £
£

£
£
Unrestrictedrevenuefunds 91,792 (54,891) **36,901 **
**91,792 ** **(54,8911 ** ----
**36,901 **

Currentyear
Unrestricted
funds
2020
Currentyear

Restricted

funds
2020
Currentyear

Totalfunds

2020

Prioryear

Total
funds

2019
Donationsandgiftsfromindividuals £
£

£

£
Smalldonationsindividuallylessthan£1000
RefundsfromHMRC ongiftaideddonations
59,503
7,289
59,503
7,289
66,921
8,873
Totaldonationsandgiftsfromindividuals 66,792 66,792 75,794
---
Currentyear
Unrestricted
funds
Currentyear
Restricted
funds
Currentyear
Totalfunds

Prioryear
Total
funds
2020 2020 2020 2019
Revenue grantsfromgovernment £ £ £ £
andpublicbodies
LondonBorough ofRedbridge 25,000 25,000
Totalpublicsectorrevenuegrants 25,000 25,000
Totaldonations,grants andlegacies 91,792 91,792 75,794
---
_Current year _ Currentyear
Unrestricted
funds
2020
Currentyear

Restricted

funds
2020
Currentyear

Totalfunds

2020
Prioryear
Total
funds
2019
£ £ £ £
Traveland subsistence-charitable
activities
Marketing andadvertising ofcharitable
4,030 4,030 11,867
services
Donations&gifts
Missionaryexpenses
TREMH/Q
Welfare
2,488
1,408
1,000
6,691
3,712
2,488
1,408
1,000
6,691
3,712
189
3,502
2,500
2,829
5,121
Totaldirectspending 19,329 19,329 26,008

Current year
Volunteer costs
Current year
Unrestricted
funds
2020
£
Current year

Restricted
funds
2020
£
Current year

Total funds
2020
£
Current year

Total funds
2020
£
Prior year
Total
funds
2019
£
Volunteers'expenses 3,414 **3,414 ** **8,498 **
Premises expenses
Rentandrates
Light,heatand power
Cleaningandwastemanagement
Premisesrepairs,renewalsand
16,159
2,274
1,518
16,159
2,274
**1,518 **


20,633
**2,412 **
maintenance 4,273 **4,273 ** **230 **
Administrative overheads
Telephone,faxandinternet
Stationery andprinting
Equipmentexpenses
Liabiltyandcontentsinsurance
Sundryexpenses
2,391
345
572
2,043
2,391
345
572
**2,043 **


2,200
1,895
**2,483 **
**317 **
Professional feespaid to advisors other
than theauditor or examiner
Otherlegalandprofessional
**3,006 **
Financial costs
Depreciation&amortisation 1,823 **1,823 ** **1,823 **
**Total support costs ** **34,812 ** **34,812 ** **~497 **
Current year Current year
Unrestricted
funds
**2020 **
Current year

Restricted
funds
**2020 **
Current year
Total funds
**2020 **
Prior year
Total
funds
**2019 **
£ £ £ £
Independentexaminer'sfees 750 **750 ** **600 **
**Total governance costs ** **750 ** **750 ** **600 **

**Total charitable expenditure **
Current year Current year
Unrestricted
funds
**2020 **


Current year
Restricted
funds
**2020 **
Current year

Total funds
**2020 **
Prior year
Total
funds
**2019 **
£ £ £ £
Totaldirect spending
Totalsupportcosts
Totalgovernancecosts
19,329
34,812
750
19,329
34,812
**750 **
26,008
43,497
**600 **
**Total charitableexpenditure ** **54,891 ** **54,891 ** **70,105 **
Prior year Prior year
Unrestricted
**funds **
Prior year
Restricted
**funds **
Prior year
**Total funds **
**2019 ** **2019 ** **2019 **
£ £ £
Totaldirect spending
Totalsupportcosts
Totalgovernancecosts
26,008
43,497
600
26,008
43,497
**600 **
**Total charitable expenditure ** **70,105 ** **70,105 **