| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 6 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial Statements | 10 | to | 14 |
| Period | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 5,09.18 | ||||||||||
| Year Ended | to | |||||||||
| 31,12,20 | 31,12.19 | |||||||||
| Unrestricted | Restricted | Total | Total | |||||||
| funds | fund | funds | funds | |||||||
| Notes | ||||||||||
| INCOME | AND ENDOWMENTS | FROM | ||||||||
| Uoluntary | Income | 90,667 | 90,667 | 74,728 | ||||||
| Other receipts —generating | fund | 31,787 | 31,787 | 42,766 | ||||||
| Investment | income | 61,178 | 61,178 | 35,854 | ||||||
| Total | 183,632 | 183,632 | 153,348 | |||||||
| RESOURCFS EXPENDED | ||||||||||
| Charitable | activities | |||||||||
| Cost ofCharitable | Activities | 160,987 | 160,987 | 204,565 | ||||||
| Governance | Costs | 13,617 | 13,617 | 22,471 | ||||||
| Total | 174,604 | 174,604 | 227,036 | |||||||
| NET INCOME/(EXPENDITURE) | 9,028 | 9,028 | (73,688) | |||||||
| (Purchase) | ofAssets | (2,125) | (2,125) | (2,000) | ||||||
| (Purchase) | ofInvestments | (200,000) | (200,000) | (1,000,000) | ||||||
| Sale ofInvestments | 111,019 | 111,019 | ||||||||
| Monies owed to Missions | 3,288 | (998) | ||||||||
| Excess (Payments | over Receipts) | (78,790) | ~78,790) | ~1,076,686) |
| 31STDEC | EMBER 2020 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 31.12.20 | 31.12.19 | |||||||||
| Unrestricted | Restricted | Total | Total | |||||||
| funds | fund | funds | funds | |||||||
| Notes | ||||||||||
| CASH FUNDS | ||||||||||
| Cash at bank and | iu | hand | 1,934,944 | 32,699 | 1,967,643 | 2,046,433 | ||||
| Assets retained | for own charitable | use | 5 | 1,244, 776 | 1,244,776 | 1,243,506 | ||||
| Investment | assets | 6 | 1,242,431 | 1,242,431 | 1,117,431 | |||||
| Other monetary | liabilities | 7 | ~2",043) | ~23,043) | ~19,733) | |||||
| 4,399,108 | 32,699 | 4,431,807 | 4,387,615 | |||||||
| FUNDS | ||||||||||
| Unrestricted | funds —General fund | 723,535 | 753,613 | |||||||
| —Designated | funds | 3,667,776 | 3,593,506 | |||||||
| Restricted | funds | 40,496 | 40,496 | |||||||
| TOTAL FUNDS | 4,431,807 | 4,387,615 |
| INVESTMENT INCOME | ||
|---|---|---|
| Period | ||
| 5.9.18 | ||
| Year Ended | to | |
| 31.12.20 | 31.12.19 | |
| Rents received | 28,248 | 14,100 |
| Deposit account interest | 32,930 | 21,754 |
| 61,178 | 35,854 |
| 31st December 201 | 9. | ||||
|---|---|---|---|---|---|
| COMPARATIVES | FOR | THE STATEMENT OF FINANCIAL ACTIVITIES | |||
| Unrestricted | Restricted | Total | |||
| funds | fund | ||||
| INCOME AND ENDOWMENTS | FROM | ||||
| Voluntary Income |
74,728 | 74,728 | |||
| Other receipts —generating | funds | 42,766 | 42,766 | ||
| Investment income |
35,854 | 35,854 | |||
| Total | 153,348 | 153,348 | |||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Cost ofCharitable | Activities | 204,565 | 204,565 | ||
| Governance Costs |
22,471 | 22,471 | |||
| Total | 227,036 | 227,036 | |||
| NET INCOME/(EXPENDITURE) | 73 688 | ~7688 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Fixtures | ||||
| Freehold | and | Motor | ||
| property | fittings | vehicles | Totals | |
| COST | ||||
| At 1st January 2020 | 1,605,000 | 69,258 | 9,599 | 1,683,857 |
| Additions Disposals |
2,125 ~1,600) |
~7,699) | 2,125 ~9,199) |
|
| At 31st December 2020 | 1,605,000 | 69,783 | 2,000 | 1,676,783 |
| DEPRECIATION | ||||
| At 1st January 2020 Charge for year Elhninated on disposal |
363,000 | 69,253 354 ~),600) |
8,098 500 ~7,698) |
440,351 854 ~9,)98) |
| At 31st December 2020 | 363,000 | 68,007 | 1,000 | 432,007 |
| NET BOOK VALUE | ||||
| At 31st December 2020 | 1,242,000 | 1,776 | 1,000 | 1,244,776 |
| At 31st December 2019 | 1,242, 000 | 1,501 | 1,243,506 |
| There w | ere | no inve | stment assets outsi |
de the UK. | |||
|---|---|---|---|---|---|---|---|
| 31.12.20 | 31.12.19 | ||||||
| Costf | Value 2 | Value f. | |||||
| investment | Assets | ||||||
| MkG —Charifund | (sold in 2020) | Unrestricted | 31,710 | 125,431 | |||
| Epworth | Charities | Fund | Unrestricted | 1,000,000 | 1,242,431 | 992,000 | |
| 1,031,710 | 1,242,431 | 1,117,431 |
| 31.]2.20 | 31.12.19 | ||
|---|---|---|---|
| General | administration | 7,043 | 3,740 |
| Amounts | owed to missions | 15 | |
| Reserve | fund | 16,000 | 16,000 |
| 23,043 | 19,755 |
| MOVEME | NT IN FUNDS |
|||
|---|---|---|---|---|
| Net | ||||
| At | movement | At | ||
| 01.01.2020 | in funds | 31.12.20 | ||
| Unrestricted | funds | |||
| General fund |
753,613 | (30,078) | 723,535 | |
| Designated | Funds | 3,593,506 | 74,270 | 3,667,776 |
| Restricted | funds | |||
| Sisters' Dowries k. Inheritance | 40,496 | 40,496 | ||
| TOTAL FUNDS | 4,387,615 | 44,192 | 4,431,807 |
| Incoming | Resources | Gains and | Movement | ||||
|---|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||||
| Unrestricted | funds | ||||||
| General fund |
/Designated | funds | 183,632 | (175,458) | 36,018 | 44,192 | |
| TOTAL FUNDS | 183,6'2 | (175,458) | 36,018 | 44,192 | |||
| Comparatives | for movetnent | in funds | |||||
| Transfer | Net | ||||||
| offunds | movement | At | |||||
| at 01.03.19 | in funds | 31.12.19 | |||||
| Unrestricted | funds | ||||||
| General fund |
4,420,294 | (3,666,681) | 753,613 | ||||
| Designated funds |
3,593,506 | 3,593,506 | |||||
| Restricted funds |
|||||||
| Sisters' Dowries k Inheritance | 40,496 | 40,496 | |||||
| TOTAL FUNDS | 4,460,790 | ~73,175) | 4,387,615 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | |||
| Unrestricted | funds | |||||
| General | fund | 153,348 | (227,536) | 1,013 | (73,175) | |
| TOTAL | FUNDS | 153,'18 | ~227,5t 6) | 1,013 | ~7',175) |