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|||||Page|
|---|---|---|---|---|
|Trustees'
annual
report (incorporating||the|director's report)||
|Independent
auditor's|report to the members||||
|Statement offinancial|activities (including||income and||
|expenditure
account)||||10|
|Statement offinancial|position||||
|Notes to the financial|statements|||12|
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|Registered|charity|name|name|The Old Apostolic Church (England)|The Old Apostolic Church (England)|The Old Apostolic Church (England)|The Old Apostolic Church (England)|
|---|---|---|---|---|---|---|---|
|Charity registration||number||1177855||||
|Company|registration||number|10157473||||
|Principal office and||registered||46 Station|Road|||
|office||||Kings Langley||||
|||||Hertfordshire||||
|||||WD4 8LB||||
|The trustees||||||||
|M Fourie||||||||
|U Jacob||||||||
|A Herbst||||||||
|D Nieuwenhuizen
SPayne||||(Resigned|17July 2021)|||
|G Reineke||||||||
|BRichter||||||||
|C Robus||||||||
|J Vermaak||||||||
|S Maritz||||(Appointed|17July 2021)|||
|Company|secretary|||SPayne||||
|Auditor||||Stephenson|Coates Audit Limited|||
|||||Chartered|accountant|&statutory|auditor|
|||||West 2, Asama Court||||
|||||Newcastle|Business Park|||
|||||Newcastle|upon Tyne|||
|||||NE4 7YD||||
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|(including
income a
31 December 2020|nd e|xpenditure
ac|count)||||
|---|---|---|---|---|---|---|
|||||2020||2019|
|||||Unrestricted|||
|||||funds|Total funds|Total funds|
||||Note||K||
|Income and endowments|||||||
|Donations
and legacies|||5|161,787|161,787|155,146|
|Other trading
activities|||6|664|664|3,247|
|Investment
income|||7|2|2|3|
|Total income||||162,453|162,453|158,396|
|Expenditure|||||||
|Expenditure
on raising funds;|||||||
|Costs ofraising donations||and legacies|8|||1,903|
|Expenditure
on charitable|activities||9|15,281|15,281|82,167|
|Total expenditure||||15,281|15,281|84,070|
|Net income and net movement||in funds||147,172|147,172|74,326|
|Reconciliation
offunds|||||||
|Total funds brought
forward||||898,202|898,202|823,876|
|Total funds carried forward||||1,045,374|1,045,374|898,202|
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||||2020|2019|
|---|---|---|---|---|
|Current assets|||||
|Debtors||13|10,849|9,271|
|Cash at bank and in|hand||1,037,542|893,388|
||||1,048,391|902,659|
|Creditors: amounts|falling due within one year|14|3,017|4,457|
|Net current assets|||1,045,374|898,202|
|Total assets less current liabilities|||1,045,374|898,202|
|Net assets|||1,045,374|898,202|
|Funds ofthe charity|||||
|Unrestricted
funds|||1,045,374|898,202|
|Total charity funds||15|1,045,374|898,202|
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|winding
up.
Donations
and legacies|||||
|---|---|---|---|---|
||Unrestricted|Total Funds|Unrestricted|Total Funds|
||Funds|2020|Funds|2019|
|||E||6|
|Donations|||||
|Tithe Income officers|89,751|89,751|86,012|86,012|
|Tithe Income Members|72,036|72,036|69,134|69,134|
||161,787|161,787|155,146|155,146|
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|
|||||Funds|2020|Funds|2019|
|||||F|6||8|
||Fundraising||events|664|664|3,247|3,247|
|7.|Investment|income||||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2020|Funds|2019|
|||||E||E|E|
||Bank interest||receivable|2|2|3|3|
||Bank interest receivable|Bank interest receivable|Unrestricted
Funds
E
2|Total Funds
2020
2|Unrestricted
Funds
E
3|Total Funds
2019
E
3|
|---|---|---|---|---|---|---|
|8.|Costs ofraising donations||and legacies||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2020|Funds|2019|
||||E|||F|
||Fundrsising|costs|||1,903|1,903|
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|Expenditure
on|charitable
activities b|y fund type||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2020|Funds|2019|
|||6|6|F|F|
|Rent||2,604|2,604|20,516|20,516|
|Power,
light and|heat|19|19|500|500|
|Insurance||1,307|1,307|1,255|1,255|
|Accommodation|and subsistence|430|430|11,035|11,035|
|Bank charges||82|82|108|108|
|Telecommunications||3,309|3,309|17,414|17,414|
|Travelling
expenses||3,191|3,191|19,652|19,652|
|ITand consumables||557|557|328|328|
|Sundry expenses||105|105|6,966|6,966|
|Postage, courier|and delivery charges|31|31|103|103|
|Holly communion|requirements|10|10|3|3|
|Audit and accountancy fees||3,636|3,636|4,287|4,287|
|||15,281|15,281|82,167|82,167|
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|Audit|fees|||
|---|---|---|---|
|||2020|2019|
|||6||
|Fees|payable to the auditor for:|||
|Other|assurance services|3,000|3,000|
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|13.|Debtors|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2020|2019|
||Trade debtors|||||||8,955|5,486|
||Prepayments|and accrued income||||||1,574|3,735|
||Other debtors|||||||320|50|
|||||||||10,849|9,271|
|14.|Creditors: amounts||falling due within||one year|||||
|||||||||2020|2019|
|||||||||6|6|
||Trade creditors|||||||17|1,332|
||Accruals and|deferred||income||||3,000|3,125|
|||||||||3,017|4,457|
|15.|Analysis ofcharitable|||funds||||||
||Unrestricted|funds||||||||
|||||||At|||At|
||||||1 January|20|||31Decembe|
|||||||20|Income|Expenditure|r2020|
||||||6|||||
||Generalfunds||||898,202||162,453|(15,281)|1,045,374|
|16.|Analysis of net assets|||between funds||||||
||||||||Unrestricted|Total Funds|Total Funds|
||||||||Funds|2020|2019|
|||||||||8|6|
||Current assets||||||1,048,391|1,048,391|902,659|
||Creditors less|than 1|year||||(3,017)|(3,017)|(4,457)|
||Net assets||||||1,045,374|1,045,374|898,202|
|17.|Financial|instruments|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||The carrying
amount for each category of||financial||instrument|||isas follows:|||
||||||||||2020|2019|
||||||||||K||
||Financial|assets that are debt instruments||measured|||at|amortised cost|||
||Financial|assets that are debt instruments|measured|||at|amoitised||||
||cost||||||||9,275|5,536|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||||8|6|
|Financial|liabilities|measured||at amortised cost||||
|Financial|liabilities|measured|at|amortised|cost|3,017|4,457|
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