| PROPERTY FUND | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| f | |||||||
| Receipts | |||||||
| Rent Income | 127,794 | 89,018 | |||||
| COIF Charity Deposit Fund | Interest | 2,168 | 2,624 | ||||
| London Baptist Property Board interest | 113 | 267 | |||||
| Refund ofSchool insurance | premium | 2,699 | 0 | ||||
| Total receipts | 132,774 | 91,909 | |||||
| Payments | |||||||
| Repairs to Church | 9,126 | 8,248 | |||||
| New piano | 0 | 1,205 | |||||
| Repairs toschool bugdlng | 930 | 6,097 | |||||
| Manse repairs | 5,022 | 1,748 | |||||
| Insurance (Church, manse |
and school) | 7,530 | 7,257 | ||||
| legal and professional fees (Note 3) | 11,713 | 3,654 | |||||
| Total payments | 34,$21 | 28,209 | |||||
| Net at31December | 98,45$ | 63,700 | |||||
| Note 3 f10,000ofthis figure was paid toasurveyor who |
worked | hard on our behalf to | negotiate | ||||
| the rent Increase due on the school building | and afuture formula forRvwyearly | increases | |||||
| SPECIAL FUNDS Ek COLLECTIONS 2020 | |||||||
| b/f | Income | gapendlture lads |
neo | ||||
| g | g | ||||||
| Heath Street Refugee Support (Note 4) | |||||||
| Raising funds tosupport | local famgies | 10,622 | 5,379 5,159 |
||||
| Contact Club | |||||||
| Funds held (Note 5) | 0 | 764 | |||||
| Coffee mornings | |||||||
| Raising funds forCamden | AgeUK | 43 | 0 | ||||
| Penal Hospital, DRC |
|||||||
| Raising funds tosupport | this work | 50 | 0 | 0 | 50 | ||
| Grand total | 45$ | 10,S42 | 5,422 5,97$ |
| TATEIylENT OFASSETSAN | D UABIUTIES AT31DECEMBER 2020 | ||
|---|---|---|---|
| ASSETS | 2020 | 2019 | |
| f | |||
| Bank balance atyear end | 10,220 | 20379 | |
| Short term deposits | |||
| London Baptist Property Board | BBAI73 | 39760 | |
| COIF Charhies Deposit Fund Income Fund | 146,500 | 106,500 | |
| COIF Charities Deposit Fund Property Fund | 255,500 | 138,500 | |
| Investments | |||
| COIFCharities Investment | Fund Income Units | 412 | |
| (James Harvey Memorial | Fund) | ||
| COIF Charities Investment | Fund Income Units | 63,040 | 59,250 |
| (property account) Note | 6 | ||
| TOTAL | 515,571 | 364,901 | |
| REPRESENTING BALANCES ON THE FOLLOWING ACCOUNTS | |||
| Generalaccount | 73,866 | 30,985 | |
| Property account | 435,794 | 333,052 | |
| James Harvey Memorial Fund |
4%l | 412 | |
| Special account | 5,973 | 453 | |
| Rounding adjustment | -1 | ||
| 515471 | 364rl01 |
| RESTRICTED FUNDS | RESTRICTED FUNDS | RESTRICTED FUNDS | ||
|---|---|---|---|---|
| Within the balances above the following are held as restricted funds | ||||
| 1Jan2020 | 310ec2020 | Where held | ||
| f | f | |||
| 1Uft and Access Fund | 60,000 | 60,000 | Property | Fund |
| 2 Organ Fund | 1,710 | 1,710 | General | Fund |
| 3Contact Club | 444 | 764 | Special Funds &Cogectlons | |
| 4 Refugee Support Fund | 5,159 | Special Funds &Collections | ||
| 5Special cogections | 93 | 50 | Special Funds &Cogectlons | |
| TOTAL | 62,163 | 67,683 |
| kl as designat | ed funds |
||
|---|---|---|---|
| 1Jan 2020 | 31Dac 2020 | Where | held |
| f | f | ||
| 50,000 | 75,000 | Pmperty | Fund |
| 12,500 | 15,000 | Property | Fund |
| 7,500 | 10,000 | Property | Fund |
| 75,MO | 100,000 | Property | Fund |
| 50,000 | 50,000 | Property | Fund |
| 0 195,000 |
100,000 350~ |
Property | Fund |