#
##
|||Page|
|---|---|---|
|Trustees'
Annual
Report|||
|Independent
Examiner's|Report|13|
|Statement
of Financial|Activities|14|
|Balance Sheet||15|
|Notes to the Financial Statements||16|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|REFERENCE|REFERENCE|AND ADMINISTRATIVE
DETAILS|AND ADMINISTRATIVE
DETAILS||||
|---|---|---|---|---|---|---|
|N'arne|||Liverpool Chinese Gospel Church||||
|Charity number|||1179991||||
|Address|8 Office||11Great George Square,||||
||||Liverpool,||||
||||L1 5DY||||
|Trustees|||The members
of the Board of Trustees are as follows:||||
||||Eric Luk Yau Chan - Chair||||
||||Solomon
Hoi Ming Mo||||
||||Tommy
Mo Yin Kwan||||
||||Rev David Seiboth||||
||||Dr Maw Joo Tan||||
|Additional
Board|||Pasta Pong Lai|(Pastor —Independent||Adviser)|
||||Agatha
Mak|(Treasurer)|||
||||Daniel Yeo|(Secretary)|||
|Pastoral|Team||Eric Luk Yau Chan
Solomon
Hoi Ming Mo|(Elder)
(Elder-Volunteer|Pastoral Worker)||
||||Matthew
Kwok|(Pastoral Worker)|||
||||Sunny Sheung
Lai Pang|(Pastoral Worker)
(Appointed 1"March||2021)|
||||David Seiboth|(Pastor)|||
||||Rebecca Tsang|(Pastoral Worker)|||
|Church|Staff||Janet Dyu
Matthew
Kwok|Church administrator)
(Pastoral I/orker)|||
||||Sunny Sheung
Lai Pang|(Pastoral Worker)
(Appointed 1"March||2021)|
||||David Seiboth|(Pastor)|||
||||Rebecca Tsang|(Pastoral Worker)|||
|Independent||Examiner|Paula Sanchez ACCA||||
||||c/o LCVS||||
||||151 Dale Street,||||
||||Liverpool,||||
||||L2 2AM||||
|Bankers|||Santander
UK pic||||
||||Bootle,||||
||||Merseyside,
L304GB||||
##
##
##
##
|||Notes|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||2021|2021|2021|2020|
|Income and Endowments|||||F||
|from:|||||||
|Donations
and legacies||2a|136,058||136,058|138,175|
|Charitable
activities||2b|5,751||5,751|12,344|
|Investments||2c|465||465|786|
|Other income||2d||||695,911|
|Total income|||142,274||142,274|847,216|
|Expenditure
on:|||||||
|Charitable
activities||3|146,532||146,532|164,952|
|Total expenditure|||146,532||146,532|164,952|
|Net (expenditure)/income,
net movement
in funds|||(4,258)||(4,258)|682,264|
|Total funds brought|forward|9, 10|682,264||682,264||
|Total funds carried|forward|8 - 10|678,006||678,006|682,264|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2. Income and endowm|e|nts
fro|m:||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted
Restricted||||Total|Total|
|||||||Funds|Funds||Funds|Funds|
|||||||2021|2021||2021|2020|
|a. Donations
and legacies||||||||||F|
|Offering and donations|||||1|I8,810|||118,810|119,349|
|Gift Aid||||||'I7,248|||17,248|18,826|
||||||136,058||||136,058|138,175|
|Income from donations||and legacies||in 2020 related
wholly to|||unrestricted||funds||
|b. Charitable
activities|||||||||||
|Bookstall||||||20|||20|5|
|Conference
income||||||30|||30|554|
|Friday fellowship
income||||||||||820|
|Funeral fees||||||||||1,349|
|HMRC Job Retention|Scheme|||||350|||350|541|
|Photocopying
income||||||49|||49|83|
|Reach income||||||||||352|
|Rental income||||||5,230|||5,230|8,020|
|Room hire||||||||||590|
|Sunday school||||||72|||72|30|
|||||||5,751|||5,751|12,344|
|Income from charitable||activities|in 2020||related|wholly to unrestricted||funds|||
|c.Investments|||||||||||
|Bank interest||||||465|||465|786|
|Income from investments||in 2020 related|||wholly|to unrestricted|funds||||
|d. Other income|||||||||||
|Transfer ofassets from
number 1136312||charity||||||||352,393|
|Right to use asset peppercorn|||lease|||||||343,518|
|||||||||||695,911|
##
##
|3.|Expenditur|e|on|Cha|rita|ble
activiti|es||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Direct|Support 8|Total|Total|
||||||||Charitable|Governance|||
||||||||Expenditure|Costs|||
||||||||2021|2021|2021|2020|
||To advance|Christian|||religion, to||||||
||relieve hardship,
poverty
distress
and to advance|||||and
education|122,234|24,298|146,532|164,952|
||and training||||||||||
|a.|analysed
as||follows:||||||||
||||||||202'I|2020|||
||Direct charitable|||expenditure:|||||||
||Staff salary|costs|||||75,663|67,565|||
||Pension||||||1,230|1,226|||
||Youth group||||||844|95|||
||Nursery|||||||67|||
||Utilities||||||2,073|7,033|||
||Friday fellowship|||||||2,836|||
||Activities and events||||||427|488|||
||Repairs||||||2,186|7,305|||
||Cleaning||||||4,901|6,464|||
||Missions||||||16,510|16,060|||
||Fellowships|and ministries|||||1,311|521|||
||Evangelism|and outreach||||||2,308|||
||Donations|and gifts|||||11,849|15,641|||
||Speakers||||||3,322|3,190|||
||Worship
and||music||||97|714|||
||Training|||||||737|||
||Travel expenses||||||83|372|||
||Website costs|||||||611|||
||Conference||||||59||||
||Subscription||and|memberships|||755|576|||
||Equipment||||||766||||
||TV licence||||||158|155|||
||||||||122,234|133,964|||
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||Support 8 Governance
Staff salary costs|||costs:||11,461|11,339|
||Pension|||||338|222|
||Church
office|—office||costs||1,491|3,237|
||Insurance|||||5,798|6,389|
||Professional|and|legal|fees||354|473|
||DBSfees|||||257|347|
||Sundry|||||88|5,160|
||Loss on disposal||offixed||assets|630||
||Bank charges|||||214|168|
||Accountancy|||||860|625|
||Depreciation|||||2,807|3,028|
|||||||24,298|30,988|
||Total expenditure
activities||on|charitable||146,532|164,952|
||All the above|expenditure|||relates to unrestricted
funding.||(2020:anil|
|||||||2021|2020|
|b.|Staff costs|||||||
||Gross wages|and|salaries|||84,805|76,914|
||Social security costs|||||2,319|1,990|
||Pension|||||1,568|1,448|
|||||||88,692|80,352|
##
|||2021|2020|
|---|---|---|---|
|Charitable|activities|3.5|3.5|
##
##
|4.Tangible fixed assets||||||
|---|---|---|---|---|---|
|||Land 8|Fixtures 8|Music|Total|
|||Buildings|Fittings|Equipment||
|Cost:||F||||
|Balance at 1"September
Additions
in the year|2020|95,679|1,970
1,137|5,725|103,374
1,137|
|Disposals
in the year|||(-)|(1,050)|(1,050)|
|Balance at31"August|2021|95,679|3,107|4,675|103,461|
|Depreciation:
Balance at 1"September|2020|1,711|394|573|2,678|
|Charge for the year||1,711|325|421|2,457|
|Disposals
in the year||(-)|(-)|(105)|(105)|
|Balance at31"August|2021|3,422|719|889|5,030|
|Net Book Value at 31"August
2021||92,257|2,388|3,786|98,431|
|Net Book Value at 31"August
2020||93,968|1,576|5,152|100,696|
|There were no material
capital commitments
at|||the year end.|All fixed assets|were use|
|the direct charitable
activities ofthe||charitable
incorporated
organisation.||||
|5. Right to use assets||||||
|||Leasehold||Total||
|Cost:
Balance at 1"September|2020||343,518|343,518||
|Additions
in the year||||||
|Balance at31"August|2021||343,518|343,518||
|Depreciation:
Balance at 1"September|2020||350|350||
|Charge for the year|||350|350||
|Balance at 31"August|2021||700|700||
|Net Book Value at 31"August 2021|||342,818|342,818||
|Net Book Value at 31"August 2020|||343,168|343,168||
##
##
##
##
||||Movements|in the Year||
|---|---|---|---|---|---|
|||Funds|Income|Expenditure|Funds|
|||at beginning
ofYear|||at End
ofYear|
|General|Fund|339,096|142,274|(146,182)|335,188|
|Right to use asset—
Designated||343,168||(350)|342,818|
|||682,264|142,274|(146,532)|678,006|
##
##
##
##
##