**Glebe Chapel CIO Trustees’ Annual Report and Unaudited Financial Statement for a 12 Month Period Ended 31[st] March 2021** **Charity number: 1179245** www.glebechapel.org Page **1** **Glebe Chapel CIO Trustees’ Annual Report and Unaudited Financial Statement for a 12 Month Period Ended 31[st] March 2021** ||Page| |---|---| |Report of the Trustees|3 to 5| |Independent Examiner's Report|6| |Statement of Financial Activities|7| |Balance Sheet|8| |Notes to the Financial Statements|9 to 15| Page **2** **Glebe Chapel CIO Trustees’ Annual Report and Unaudited Financial Statement for a 12 Month Period Ended 31[st] March 2021** The trustees present their report with the financial statements of the charity for the Period ended 31st March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) ## **General Information:** ## **Reference and Administrative Information** Charity Reg No. 1179245 Principle Address: Newent Community Centre, Ross Road, GL18 1DB ## **Principal Administrator** Name Mr Mark Goulding Address: Kelmscott, Ross Rd, Newent, GL18 1BG ## **Board of Trustees** Mr Stephen Cracknell (Chairman) Mr Mark Goulding Mr Andrew Cox Mr Tim Lewis Mr Jan Daines Mr Mwaape Masonde ## **Banks** Lloyds Bank, 19 Eastgate Street, Gloucester, GL1 1NU Barclay Bank, 18 Southgate Street, Gloucester, GL1 2DH ## **Objectives and Aims** Glebe Chapel is a charitable trust registered with the Charity Commission in July 2018 under charity number **1179245** . It is governed by a CIO foundation constitution last updated 18[th] June 2018. The current objects of Glebe Chapel, as listed in the CIO foundation constitution, are as follows: To advance the evangelical Christian faith for the benefit of the public in accordance with the statements of faith appearing in schedule 1 of the trust deed, including relieving those in need and encouraging community development. The objective may be pursued anywhere in the United Kingdom or the world directly or via other charitable organisations at the discretion of the trustees. ## **Structure, governance, and management** The charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefits in their role as trustees. During the period, Jan Daines, a trustee of Glebe Chapel CIO, received £6,000 for consultancy services. The Payment for these services was approved by the trustees at a meeting on 30[th] September 2019. During the year, Sarah Kirkland resigned as a trustee and has not been replaced. Mark Goulding’s term as a trustee ended and he was re-elected. Mwaape Masonde stood down as treasurer and that role has been replaced by a nontrustee. Page **3** ## **Glebe Chapel CIO Trustees’ Annual Report and Unaudited Financial Statement for a 12 Month Period Ended 31[st] March 2021** During the COVID lockdowns, the trustees met as a governing body via ZOOM seven times during the year and remained responsible for all decisions taken in relation to the running of the church, the community centre facilities and all the activities provided by this charity. The day to day running of the charity is undertaken by members of Glebe Chapel Church, specifically the Elders, Community Pastor and the Ministry Team Leads (MTLs). The ministry teams are, Administration, Children and Youth, Fellowship and Prayer, Gathered Worship and Missions and Outreach. ## **Achievements and Performance** ## **Impact of COVID-19** The COVID pandemic caused major disruption to the activities of the trust with all group and face to face meetings cancelled during periods of lock down. Some outdoor meetings and limited socially distanced indoor meetings took place during the summer of 2020. Pastorally, socially distanced visits took place with vulnerable members of the community, along with the delivery of low cost good quality food via the Newent Longtable initiative. It was also possible to conduct limited children’s work by providing Sunday School packs which were left with parents. The trust also received a grant of £10,000 from the Forest of Dean District Council and this amount is included in these accounts. ## **Glebe Chapel site** The site of the former Glebe Chapel is owned by Glebe Chapel Trust (CN 1145322). All ministry activities of this trust were transferred to the Glebe Chapel CIO from January 2019. Currently the Glebe Chapel Trust are in a joint venture agreement with a developer (Badminton Developments) to build 9 houses. It is the intention of the developer that all houses will be completed and sold during the summer of 2021. All proceeds from the sale will be transferred to Glebe Chapel CIO. ## **Newent Community Centre Building** This building is owned by Glebe Chapel Trust (CN 1145322). As this trust is being closed in 2021, action has been taken to start the legal transfer of this asset to Glebe Chapel CIO. ## **Glebe Chapel Ministry Activities (not able to provide due to COVID)** In addition to our regular Sunday services and activities the mission and outreach activities include: Family community cinema (one Saturday of every month); Men’s Breakfast (2[nd] Saturday of every month); Coffee Plus (over 50’s lunch held one a month); Carousel Club (for people with learning difficulties and disabilities - monthly); Koffee & Kids (every Friday- mums, dads and toddlers); promotional events at Newent Town Open Days (annually) and Newent Onion Fayre (annually) and Missionary Weekends (biennial). **Fellowship and Prayer** : Prayer weeks (biennial); co-ordination of homegroup meetings held by ZOOM (weekly); Prayer Meetings held by ZOOM (weekly). **Children & Youth (not available due to COVID)** : GCX Club for 3-11 years old (three times a year); GYG for 11-16 years old (weekly); Sunday Clubs and creche (Sunday morning) and Youth Adventure Weekend Away (annually). **Gathered Worship held via YouTube and ZOOM** : coordination of all-age Sunday morning services; Discussion Evening (monthly); breaking of bread service (bi-monthly). **Elders** provide spiritual guidance to the church family, pastoral visitation, regular training and training support and mentoring church members. **Administration** : is a support ministry that ensure all activities carried out by the church run smoothly, effectively and safely. The remit of the admin team includes building maintenance, coordinating communications and equipment. Page **4** Glebe cha￿ ao Tru5tee< Annual Rep￿ and Ufftaudited Financial Statement for a 12 M(th Peri¢￿ Ended 31" March 2021 opol Employees The charityemploys one fvR-InE 0)mrr￿ty p35knarKI part-time in the ￿sraOrts ofadministralor and cieaner. None crfthe d￿ri￿$ employees eam more £60.(JA) Fer ￿n￿l. Financial Review The Statement of Finanua Actmbes for the 12 mcths ￿￿OUntr￿d WK*J ￿ 31 March 202112020r211 sh)w5 net funds of £ 30.86812019r20'. {f23,¢f2111. The thanty had unrestrKted iTh))miro resources for the period cf £112,559, £nl deswJnaled ino)ming and £nil restrided iThxMnir¥J resources. Expen(lttJre for the pericxl lotslled £81.691. During the pericxJ, 1he t*anty re￿iVed fiJKls tr￿5feffed fmm anot￿ charity (Glebe Chapel Trust CN 1145322} valued at £ 10,765 al ijay ￿tr￿der. At of ￿ acAxMJnb'rg Pe￿￿j the tevd of unrestricled genetal funijs, desonal8d fwKls restrKled fuTrts stcd at£66,iMO. £1,560 aThJ £nil rewcfwèly. Reserve Policy 11 is the pol>ry of Ihe tharrty to Motk towards accumulatirKJ unrestricttyj fiThJs commttkd ￿ Mivested in ta￿l￿e fixed assets represetrting 3 n￿nths of expenditijre. A thL8 tevel, the ￿sHIer that they ￿￿Id crjntinuè vrith the activiti&s of Ihe rtharity in the event ora $wjd￿ bThJing. Statemènt of INstees' responsibilities The trustees are resFXY6itAe preparbng the TrLStees' Rewt and the statements in accordance w51h applicaNe law and United ￿l￿d0M AccountiThJ Standards irKI￿lI)g Finanrial ReportiThJ Slandaid 102.. The Finanaal Reporttng Stsndard aprAtcabte in Ihe UK and Re￿bI￿ of Irelatma {Uniled lQ'ngdfyn Generally AC￿pted Accounting Practice). The law applicable lo charibes in EnglaThl & bV8les r￿UireS the trustees to wepare fnandal statements for each finanaal yearwhich gNe a twe and fair vwofthe state of affairs dthe chanty and of the Ir￿ome and expendilure of the charity for thal these sl*eNMts, Ihe ljustees ￿e required lo.. select suitab]e acc(¥Jnkng and ap￿Y cc￿&￿￿. observe ￿ m￿h￿S and prinCi￿S in the (￿ribeS SORP., makejudgments and acr￿Unti￿j estimates that are ￿a5￿thIe and prud state vthether app1t￿ble UK ￿£￿Un￿vj StaThlards have teen folknved. to any materia departures disd(*al and eX[Aai￿ in the finarrial Slaleri￿.. a￿j piepare the fi￿nCra1 ststements on g(NrKJ CLy￿*M bm unles5 it B I￿plY0pr18te to presume that the ity will conb'nue in bwnes5. The tnjstees are respcffjsiLle for keepiro suffiiient av))untsrq tecofds that tlisdose I￿1h reasonaL4e accuraLy al any time the fina￿]￿ p¥Jsition of Ihe d￿rity and lo ensure that the fi￿chaI slatements (y)mpty the Charities Act 2011, the Chanty {ACL￿nts ￿ RetKYtsI Reg￿a￿n$ 2008 arHY Ihe provisions of the trust deedIC(￿b￿C￿. Theyarea160 respJnsib]eforsaf&Juar(liro the a&sets ofthe thaityaN1 heKe kn lakiThJ reasonable steps fc¥ the preven11(￿ ￿ deledic￿ Offr￿(1 other irTylar￿e$. Approved by orderof oflrustees on ........ and s¥Jn on its tehaw by: ........ Mr Slet4ien Cr￿￿Tri1 (Chaym￿} Page 5 ## **Glebe Chapel CIO Trustees’ Annual Report and Unaudited Financial Statement for a 12 Month Period Ended 31[st] March 2021** ## **Independent examiner’s report to the trustees of Glebe Chapel CIO** I report to the trustees on my examination of the accounts of Glebe Chapel CIO (the Charity) for the year ended 31 March 2021. ## **Responsibilities and basis of report** As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Joshua Kingston, BSc (Hons) ACA Burton Sweet Limited Chartered Accountants The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR Date: ………………………… Page **6** ## **GLEBE CHAPEL CIO** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **YEAR ENDED 31 MARCH 2021** |**Income**
Church ministry income
**2**
Investment income
**3**
Community centre income
**4**
Other income
**5**
**Total Income**
**Expenditure**
Admin cost
**6**
Church ministry costs
**7**
NCC Development costs
**8**
Safeguarding costs
**9**
**Total Expenditure**
**Net Income/(expenditure)**
**10**
Transfer between funds
**16**
**Net movement in funds**
Funds Brought Forward
**16**
Funds Carried Forward
**16**|**£**
**£**
78,800
-
2
-
16,465
-
17,292
-
112,559
-
53,802
**-**
24,532
-
3,256
-
101
-
81,691
-
30,868
-
560
-
31,428
-
34,582
1,560
66,010
1,560
**General Funds**
**Designated**
**Funds**
**Unrestricted funds**|**£**
-
-
-
-
-
-
-
-
-
-
-
(560)
(560)
560
-
**Restricted**
**Funds**|**£**
78,800
2
16,465
17,292
112,559
53,802
24,532
3,256
101
81,691
30,868
-
30,868
36,702
67,570
**Year to 31**
**March 2021**|**£**
60,983
9
13,021
5,122
79,135
64,794
21,612
15,565
185
102,156
(23,021)
-
(23,021)
59,723
36,702
**14 months to**
**31 March**
**2020**| |---|---|---|---|---| The charity has no recognised gains or losses other than the results for the period as set out above. All of the activities of the charity are classed as continuing. **The notes on pages 9 to 15 form part of these financial statements see note 12 for the fund-accounting comparative figures** 7 GLEBE CHAPEL CIO BALANCE SHE S AT 31 MARCH 2021 Taryitleassats 13 Dfbtot¥ Cath at ￿ arvj in IHWJ 14 67,745 69,143 39,135 40,117 15 13,4151 68.144 69243 15 {1,5731 67,570 3Q702 Funds Generdtur DeSIgna￿ ff￿$ 17 17 IT 66.￿0 Tots1lu￿JS 67570 Step￿ Grdrkngl **GLEBE CHAPEL CIO NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021** ## **Note 1 - Accounting policies** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Glebe Chapel Church (Trust) is a charity registered in England and Wales. The charity registered number and principal address can be found in the reference and administrative details within the Report of the Trustees. ## **Income** Voluntary income Including donations, gifts and legacies is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. - (i)Those donated for resale produce income when they are sold. They are valued at the amount realised. - (ii)Those donated for onward transmission to beneficiaries are included in the statement of financial activities as incoming resources (receipts) and resources expended (payments) when they are distributed and are valued at the same amount as received. (iii)Those donated for use by the charity itself are included and valued at when the cash is received. Receipts from tax reclaims are included in the statement of financial activities when the refund has been received/credited from the Authority. Investment income is recognised when credited on trust bank account. ## **Expenditure** Only invoices/Expenses actually paid for are recognised in the statement of financial activities as the trust maintains a receipts and payments accounting. ## **Taxation** The charity is entitled to certain tax exemptions on income and profits from investments, and on any surpluses from trading activities carried out in furtherance of the Trust’s primary objectives, providing any income, profits and surpluses are applied solely for charitable purposes. Irrecoverable VAT is charged to the appropriate expenditure heading. ## **Grants** Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the Trustees. ## **Debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. ## **Prepayments** Advance payments are valued at the amount prepaid net of any trade discounts due. ## **Creditors** Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. ## **Cash Asset** Cash at bank/ in hand will include cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## **Going concern** The trustees have reviewed the ongoing future of the charity and consider that there are plans in place to continue the charity's operation. There are no material uncertainties that may cast significant doubt on the charity's ability to continue as a going concern. ## **Fixed assets** Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life. Freehold property – not provided Fixtures and fittings – 20% Computer equipment – 25% ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purpose within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purpose. Designated funds are those unrestricted amounts set aside and held for purposes which are to be expended in the future. The levels of these funds are regularly reviewed by the trustees. 9 ## **GLEBE CHAPEL CIO** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021** **----- Start of picture text -----**
Note 2 - Church ministry income Unrestricted funds 14 months to
Designated Restricted Year to 31 31 March
General Funds Funds Funds March 2021 2020
£ £ £ £ £
Branch youth income - - - - 1,000
Retiring fund (special events) 185 - - 185 1,472
General fund unrestricted 67,715 - - 67,715 57,043
Grants 10,500 - - 10,500 -
Glos city mission - - - - 44
Glos talk income - - - - 300
GYG Account - - - - 543
SCOW- Restricted - - - - 380
Special gifts 400 - - 400 200
78,800 - - 78,800 60,982
Prior period comparative Unrestricted funds 14 months to
Designated Restricted 31 March
General Funds Funds Funds 2020
£ £ £ £
Branch youth income - 1,000 - 1,000
Retiring fund (special events) - 1,472 - 1,472
General fund unrestricted 57,044 - - 57,044
Glos city mission - 44 - 44
Glos talk income - - 300 300
GYG Account - 543 - 543
SCOW- Restricted - - 380 380
Special gifts - - 200 200
57,044 3,059 880 60,983
Note 3 - Investment income Unrestricted funds 14 months to
Designated Restricted Year to 31 31 March
General Funds Funds Funds March 2021 2020
£ £ £ £ £
Interest on bank 2 - - 2 9
The prior period comparatives are all represented by unrestricted funds
Note 4 - Community centre income Unrestricted funds 14 months to
Designated Restricted Year to 31 31 March
General Funds Funds Funds March 2021 2020
£ £ £ £ £
NCC Events Hire (Sales) 20 - - 20 3,594
NCC Other (Sales) 2,195 - - 2,195 17
NCC Tenant (Sales) 14,250 - - 14,250 9,410
16,465 - - 16,465 13,021
The prior period comparatives are all represented by unrestricted funds
Note 5 - Other Income Unrestricted funds 14 months to
Designated Restricted Year to 31 31 March
General Funds Funds Funds March 2021 2020
£ £ £ £ £
Gift aid refund 17,292 - - 17,292 5,122
The prior period comparatives are all represented by unrestricted funds
**----- End of picture text -----**
10 ## **GLEBE CHAPEL CIO** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2021** |**Note 6 - Admin costs**
Cleaning and waste collection
Defibrillator expenses
Employers national insurance
Employers pension contributions
Health and safety related costs
Insurance
IT software and consumables
Light, power, Heating
Rates
Repairs and maintenance - NCC
Salaries
Telephone, internet and postage
Water
Audit and accounting
Bank charges
Depreciation|**£**
**£**
988
-
-
-
211
-
1,132
-
50
-
724
-
774
-
6,644
-
-
-
3,578
-
36,666
-
150
-
995
-
1,511
-
63
-
316
-
53,802
-
**Unrestricted funds**
**General Funds**
**Designated**
**Funds**|**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**Restricted**
**Funds**|**£**
988
-
211
1,132
50
724
774
6,644
-
3,578
36,666
150
995
1,511
63
316
53,802
**Year to 31**
**March 2021**|**£**
874
64
851
719
194
3,609
276
7,733
732
25,091
24,440
105
106
-
-
-
64,794
**14 months to**
**31 March**
**2020**| |---|---|---|---|---| The prior period comparatives are all represented by unrestricted funds |**Note 7 - Church ministry costs**
Branch expenses
Charitable and political donations
Children and youth expenses
Equipment and supplies
General expenses
Glebe event costs
GLOS talk expenses
GYG running expenses
Literature and tracks
Printing and stationery
Refreshment supplies
Staff training
Subscriptions
Fellowship and prayer
Licensing fee
Community courses
**Prior period comparative**
Branch expenses
Charitable and political donations
Children and youth expenses
Equipment and supplies
General expenses
Glebe event costs
GLOS talk expenses
GYG running expenses
Literature and tracks
Printing and stationery
Refreshment supplies
Staff training
Subscriptions|**£**
**£**
-
-
20,741
-
-
-
1,309
-
499
-
-
-
-
-
-
-
384
-
387
-
-
-
50
-
443
-
13
-
681
-
25
-
24,532
-
**£**
**£**
-
139
14,156
1,472
240
-
1,394
-
208
44
253
-
-
-
-
378
514
-
761
-
1,353
-
365
-
15
-
19,259
2,033
**Unrestricted funds**
**Unrestricted funds**
**General Funds**
**Designated**
**Funds**
**General Funds**
**Designated**
**Funds**|**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**£**
-
-
-
-
200
-
120
-
-
-
-
-
-
320
**Restricted**
**Funds**
**Restricted**
**Funds**|**£**
-
20,741
-
1,309
499
-
-
-
384
387
-
50
443
13
681
25
24,532
**£**
139
15,628
240
1,394
452
253
120
378
514
761
1,353
365
15
21,612
**14 months to**
**31 March**
**2020**
**Year to 31**
**March 2021**|**£**
139
15,627
240
1,394
452
253
120
379
514
761
1,353
365
15
-
-
-
21,612
**14 months to**
**31 March**
**2020**| |---|---|---|---|---| 11 ## **GLEBE CHAPEL CIO NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2021** **----- Start of picture text -----**
Note 8 - NCC development costs Unrestricted funds 14 months to
Designated Restricted Year to 31 31 March
General Funds Funds Funds March 2021 2020
£ £ £ £ £
NCC development consultancy fees 1,200 - - 1,200 500
NCC development legal fees 2,056 - - 2,056 -
NCC development phase - initial - - - - 15,065
3,256 - - 3,256 15,565
The prior period comparatives are all represented by unrestricted funds
Note 9 - Safeguarding costs Unrestricted funds 14 months to
Designated Restricted Year to 31 31 March
General Funds Funds Funds March 2021 2020
£ £ £ £ £
Safeguarding related costs 101 - - 101 185
The prior period comparatives are all represented by unrestricted funds
Note 10 - Net income/(expenditure) for the period 14 months to
Year to 31 31 March
March 2021 2020
This is after charging: £ £
Depreciation 316 -
Note 11 - Staff costs and numbers
14 months to
The aggregate payroll costs were: Year to 31 31 March
March 2021 2020
£ £
Wages and Salaries 36,666 24,440
Social security costs 211 851
Pension contributions 1,132 719
38,009 26,010
No employee received remuneration in excess of £60,000 in either period
The total aggregate employment benefits received by key management personnel were £28,355 for the year (14 months to 31 March 2020: £25,124)
14 months to
Year to 31 31 March
March 2021 2020
£ £
The average monthly number of employees during the period was 3 3
**----- End of picture text -----**
12 ## **GLEBE CHAPEL CIO** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021** ## **Note 12 - Statement of financial activities comparative figures** |**Income**
Church ministry income
Investment income
Community centre income
Other income
**Total Income**
**Expenditure**
Admin cost
Church ministry costs
NCC Development costs
Safeguarding costs
**Total Expenditure**
**Net Income/(expenditure)**
Transfer between funds
**Net movement in funds**
Funds Brought Forward
Funds Carried Forward
**Note 13 - Tangible fixed assets**
**Cost**
At 1 April 2020
Additions
At 31 March 2021
**Depreciation**
At 1 April 2020
Charge in the year
At 31 March 2021
**Net Book Value**
At 31 March 2021
At 31 March 2020|**£**
**£**
57,044
3,059
9
-
13,021
-
5,122
-
75,196
3,059
64,794
**-**
19,259
2,033
15,565
-
185
-
99,803
2,033
(24,607)
1,026
(534)
534
(25,141)
1,560
59,723
-
34,582
1,560
**£**
-
664
664
-
166
166
498
-
**Designated**
**Funds**
**Unrestricted funds**
**General**
**Funds**
**Computer**
**equipment**|**£**
880
-
-
-
880
-
320
-
-
320
560
560
-
560
**£**
-
751
751
-
150
150
601
-
**Restricted**
**Funds**
**Fixtures and**
**fittings**|**£**
60,983
9
13,021
5,122
79,135
64,794
21,612
15,565
185
102,156
(23,021)
(23,021)
59,723
36,702
**£**
-
1,415
1,415
-
316
316
1,099
-
**14 months to**
**31 March**
**2020**
**Total**| |---|---|---|---| ## **Note 14 - Debtors** |Other Debtors
Prepayments|**2021**
**£**
1,153
245
1,398|**2020**
**£**
947
35
982| |---|---|---| 13 **GLEBE CHAPEL CIO** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021** ## **Note 15 - Creditors** |_Amounts falling due within one year_
Other Creditors
Tax and social securities
_Amounts falling due after more than one year_
Tenant Deposits
**Note 16 - Movement in funds**
**Restricted funds**
Glos talks fund
Sports café on wheels (SCOW)
**Unrestricted funds**
_Designated funds_
Branch youth fund
GYG youth fund
_General funds_
**Total funds**
**Prior year comparative**
**Restricted funds**
Glos talks fund
Sports café on wheels (SCOW)
**Unrestricted funds**
_Designated funds_
Branch youth fund
GYG youth fund
Retiring fund (special events)
Glos city mission
_General funds_
**Total funds**|**£**
180
380
560
861
699
34,582
36,142
36,702
**£**
-
-
-
-
-
-
-
59,723
59,723
59,723
**At 1 April 2020**
**At 1 February**
**2019**|**£**
-
-
-
-
-
112,559
112,559
112,559
**£**
500
380
880
1,000
543
1,472
44
75,196
78,255
79,135
**Income**
**Income**|**£**
-
-
-
-
-
(81,691)
(81,691)
(81,691)
**£**
(320)
-
(320)
(139)
(378)
(1,472)
(44)
(99,803)
(101,836)
(102,156)
**Expenditure**
**Expenditure**|**2021**
**£**
10
989
999
1,673
1,673
**£**
(180)
(380)
(560)
-
-
560
560
-
**£**
-
-
-
-
534
-
-
(534)
-
-
**Transfers**
**Transfers**|**2020**
**£**
3,415
-
3,415
-
-
**£**
-
-
-
861
699
66,010
67,570
67,570
**£**
180
380
560
861
699
-
-
34,582
36,142
36,702
**At 31 March**
**2021**
**At 31 March**
**2020**| |---|---|---|---|---|---| 14 ## **GLEBE CHAPEL CIO** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021** ## **Note 17 - Analysis of net assets between funds** |**As at 31 March 2021**
Tangible fixed assets
Cash and short term deposits
Other net asset/(liabilities)
**As at 31 March 2020**
Tangible fixed assets
Cash and short term deposits
Other net asset/(liabilities)|**£**
**£**
1,099
-
66,185
1,560
(1,274)
-
66,010
1,560
**£**
**£**
-
-
37,015
1,560
(2,433)
-
34,582
1,560
**Unrestricted funds**
**General**
**Funds**
**Designated**
**Funds**
**Unrestricted funds**
**General**
**Funds**
**Designated**
**Funds**|**£**
-
-
-
-
**£**
-
560
-
560
**Restricted**
**Funds**
**Restricted**
**Funds**|**£**
1,099
67,745
(1,274)
67,570
**£**
-
39,135
(2,433)
36,702
**Total Funds**
**Total Funds**| |---|---|---|---| ## **Note 18 - Related party transactions** One Trustee received consultancy fees totalling £6,000 in the year (14 months to 31 March 2020: £7,000) and no trustees were reimbursed any expenses in the current or prior period. 15