|Table of Contents|||||| |---|---|---|---|---|---| |1Reference and Administrative||Details|||| |2 Objectives and Activities.|||||| |3Achievements
and Performance|||||| |4 Financial
Review|||||| |5Structure,
Governance|and Management||||| |6Statement offinancial|activities (including||summary|income and expenditure|account). ....| |7 Balance sheet,|||||| |8 Notes to the accounts.|....||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |1.1 Basis ofaccounting||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |These accounts have been prepared||under the historical cost||convention||with items||recognised||at cost or transaction|||||value unless otherwise|||stated|in the relevant|| |note(s) to these accounts.||||||||||||||||||||| |The accounts have been prepared|in|accordance|with:|||||||||||||||||| ||||the Statement||of Recommended|||Practice: Accounting||||and Reporting||||by Charities|preparing|their|accounts|in| |and with'|||accordance|with the Financial|||Reporting||Standard||applicable|||in the|UK and Republic of ireland (FRS102)|||||issued on 16| ||||July 2014|||||||||||||||||| |and with|||the Financial||Reporting|Standard||applicable||in the|United||Kingdom||and Republic||of ireland|(FRS|102)|| |and with the Charities Act 2011.||||||||||||||||||||| |An explanation|as to those factors that support
the conclusion
that the charity is a|as to those factors that support
the conclusion
that the charity is a|The charity Is well supported|and holds sign)geant|funds|In reserve.| |---|---|---|---|---|---|---| |going concern;||||||| |Disclosure of any uncertainties
that make the going concern||assumption
doubtful;|Not appiicabie|||| |Where accounts|are not prepared
on a going concern basis, please disclose this||Not applicable|||| |fact together
with the basis on which the trustees
prepared||the accounts and the||||| |reason why the|charity is not regarded as a going concern.|||||| ## ## |Volunteer
help|Volunteer
help|The value of any voluntary
help received is not included
in the accounts
but is described
in the trustees'
annual
report.|Yes|No*|N/a'| |---|---|---|---|---|---| |Income from
royalties
and
dividends|interest,|This is included
in the accounts when receipt is probable
and the amount
receivable can be measured
reliably.|Yes|No|N/a'| |Income from
membership||Membership
subscriptions
received
in the nature ofa gift are recognised
in Donations
and Legacies.|Yes*|No|N/a'| |subscrlptlons|||||| |||Membership
subscriptions
which gives a member the right to buy services or other benefits are recognised|Yes|No|N/a'| |||as income earned
from the provision
ofgoods and services as income from charitable
activities.|||| |Settlement
of
Insurance
claims||Insurance
claims are only included
in the SoFA when the general
income recognition
criteria are met (5.10
to 5.12FRS102SORP) and are included as an item ofother income
in the SoFA.|Yes|No*|N/a'| |Investment
gains and
losses||This includes
any realised or unrealised
gains or losses on the sale of investments
and any gain or loss
resulting
from revaluing
investments
to market value at the end of the year.|Yes|No|N/a*| |2.2 EXPENDITURE AND||LIABILITIES|||| |||Liabilities are remgntsed
where
it is more likely than not that there is a legal or constructive
obligation|||| |||committing
the charity to pay out resources
and the amount ofthe obligation
can be measured
with|||| |||reasonable
certainty.|Yes|No"|N/a| |Liabifity recognition|||||| |Governance
and
support costs||Support costs have been allocated
between
governance
costs and other support.
Governance
costs
comprise
afi costs involving
public accountability
ofthe charity and its compliance
with regulation
and good|||| |||practice.|Yes*|No|N/a| |||Support costs Indude
central functions
and have been allocated
to activity cost categories on a basis|||| |||consistent
with the use ofresources, eg allocating
property costs by floor areas, or per capita, staff costs by|||| |||the time spent and other costs by their usage.|||| ||||Yes'|No|N/a'| |Grants with||Where the charity gives a grant with conditions
for its payment
being a specific level ofservice or output to|||| |performance||be provided,
such grants are only recognised
in the SoFA once the recipient ofthe grant has provided
the|||| |conditions||specNed service or output.|||| ||||Yes'|No|N/a'| |Grants payable||Where there are no conditions
attaching
to the grant that enables the donor charity to realistically
avoid the|||| |without
performance||commitment,
a liability for the full funding
obligation
must be recognised.|||| |conditions|||||| ||||Yes|No'|N/a'| |Redundancy|cost|The charity made no redundancy
payments
during
the reporting
period.|Yes'|No|N/a'| |Deferred income||No material
item ofdeferred
income has been Included
in the accounts.|||| ||||Yes|No*|N/a*| ## |Creditors||The charity has creditors which are measured
at settlement
amounts
less any trade discounts|The charity has creditors which are measured
at settlement
amounts
less any trade discounts|The charity has creditors which are measured
at settlement
amounts
less any trade discounts|||||Yes|No'|N/a| |---|---|---|---|---|---|---|---|---|---|---|---| |Provisions|for|A liability
is measured
on recognition
at its historical cost and then subsequently|measured|at|the best||||Yes|No|N/a*| |liabilities||estimate of the amount
required
to settle the obligation
at Ihe reporting
date|||||||||| |Basicfinancial||The charity accounts for basic financial
instruments
on initial recognition
as per|paragraph
10.7 FRS102||||||Yes|No'|N/a| |Instruments||SORP. Subsequent
measurement
is as per paragraphs
11.17to 11.19,FRS102SORP.|||||||||| |2.3ASSETS|||||||||||| |Tangible fixed assets||These are capitalised
if they can be used for more than one year, and cost at least|||||||||| |for use by|charity||||||||||| ||||||||||Yes'|No'|N/a'| |||They are valued at cost.|||||||||| |||The depreciation
rates and methods
used are disclosed
in note 14.|||||||||| |Intangible
assets|fixed|The charity has intangible
fixed assets, that is, non-monetary
assets that do not have physical substance
but are identifiable
and are controlled
by the charity through
custody or legal rights.
The amortisation
rates
and methods
used are disclosed
in note 15.|||||||Yes|No'|N/a| |||They are valued at cost.|||||||Yes*|No'|N/a'| |||The charity has heritage assets, that is, non-monetary
assets with historic, artistic, scientific,||technological,|||||||| |||geophysical
or environmental
qualities
that are held
and maintained
principally|for their contribution|||to|||||| |||knowledge
and culture.
The depreciation
rates and methods
used as disclosed|in note 16.||||||Yes'|No'|N/a| |Heritage assets|||||||||||| ||||||||||Yes'|No'|N/a'| |||They are valued at cost.|||||||||| |||Fixed asset investments
in quoted shares, traded bonds and similar investments|are valued|at|initially||at||||| |Investments||cost and subsequently
at fair value (their market value) at the year end. The same treatment
unlisted
investments
unless fair value cannot be measured
reliably
in which case it is measured|||is applied
to
at cost less||||Yes|No*|N/a| |||impairment.|||||||||| |||Investments
held for resale or pending
their sale and cash and cash equivalents|with a maturity||date|ofless|||||| |||than
1 year are treated as current asset investments|||||||Yes|No|N/a*| |Stocks and|work in|Stocks held for sale as part of non-charitable
trade are measured
at the lower or cost or net||realisable|||||Yes|No'|N/a'| |progress||value.|||||||||| |||Goods or services provided as part ofa charitable
activity are measured
at net|realisable
value||based||on||||| |||the service potential
provided
by items ofstock.|||||||||| ||||||||||Yes|No'|N/a'| ## ||||||||||||||||Restricted|||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||Analysis|||of Income|||||Unrestricted
funds|Income
funds|Endowment
funds|Total funds|Prior year| |Donations|and|Donations||and gifts|—HUB|||||||||||||| |legacies:||||||||||||||20374|||20 374|9100| |||Donations||and gifts|- Global|||||||||||||| |||||||||||||||25 148|||25 148|20950| |||Gift Aid||||||||||||||||| |||||||||||||||2,573|||2,573|| |||Partner church donations|||||- HUB|||||||||||| |||||||||||||||60929|||60929|58383| |||Partner church donations|||||-Global|||||||||||| |||||||||||||||45418|||45415|39261| |||Donated|goods, facilities|||and||services||||||||||| ||||||||||||||Total|||||| |||||||||||||||154,442|||154,442|127,694| |Charitable||||||||||||||||||| |activities:||||||||||||||||||| |||Other||||||||||||||||| ||||||||||||||Total|||||| |Othertradlng||||||||||||||||||| |activities:||||||||||||||||||| |||Other||||||||||||||||| ||||||||||||||Total|||||| |Income from||Interest income||||||||||||||||| |Investments:||||||||||||||||||| |||Dividend|income|||||||||||||||| |||Rental and||leasing|income|||||||||||||| |||Other||||||||||||||||| ||||||||||||||Total|||||| |Separate|material|||||||||||||||||| |Item of Income||||||||||||||||||| ||||||||||||||Total|||||| |Other:||Conversion||of endowment|||funds into income|||||||||||| |||Gain on disposal of|||a tangible|||fixed asset||held for charity's|||own use|||||| |||Gain on disposal of|||a programme||||related|investment||||||||| |||Royalties|from the exploitation|||||of|intellectual||property|rights||||||| |||Other||||||||||||||||| ||||||||||||||Total|||||| |TOTAL INCOME||||||||||||||||||| |||||||||||||||154442|||154442|127694| ## |Note 4||||Expenditure|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||Restricted|||| |||||Analysis|||ofexpenditure||Unrestricted
funds|income
funds|Endowment
funds|Total funds|Prior year| ||||||||||||||8| |Operationa||I costs:|||||||||||| |||||Training conferences||-costs|||13,499|||13,499|3,148| |||||Labour costs|||||4,012|||4,012|11,762| |||||Meetings
and courses|||||3,790|||3,790|| |||||Publishing
costs|||||1,324|||1,324|2,561| |||||Office costs|||||1,042|||1,042|| |||||Travelling
expenses|||||1,241|||1,241|171| |||||Insurances|||||||||| |||||DBSchecks|||||||||240| |||||Consultancy
fees||||||||443|| |||||Independent
Examiner's|||fees|||||480|600| |||||Bank charges|||||||||75| |||||Total expenditure||on raising funds|||27,030|||27,030|20,071| |Expenditure
charitable||on
activities||Church
planting|- Global||||16,349|||16,349|37,276| |||||Church
planting|- HUB||||||||| ||||||||||6,760|||6,760|9,996| |||||Global donations|||||||||| ||||||||||3,600|||3,600|25,604| |||||Total expenditure||on charitable||activities|||||| ||||||||||26,709||||| |||||||||||||26,709|72,876| |Separate|material||item|Leadership
ewnt|costs||||||||| |ofexpense|||||||||3,555|||3,555|2,646| |||||Gifis|||||||||| ||||||||||1,966|||1,966|| |||||Total|||||5,521|||5,521|2,646| |Other|||||||||||||| |||||Total other expenditure|||||||||| |TOTAL EXPENDITURE|||||||||59,260|||59,260|95,593| ## |||||This|year|Last year| |---|---|---|---|---|---|---| ||||Description||E|f| |Extraordinary|item|1||||| |Extraordinary|item|2||||| |Extraordinary|item|3||||| |Extraordinary|item|4||||| ## ## |8.1 Analysis
ofcred|itor|s||||||||| |---|---|---|---|---|---|---|---|---|---|---| ||||Amounts|falling due|within|one|Amounts|falling|due after more|| |||||year||||than one year||| ||||This year||Last year||This year||Last|year| ||||f|||||||f| |Accruals for grants|payable|||||||||| |Bank loans and overdrafts||||||||||| |Trade creditors|||845||761|||||| |Payments
received|on|account for contracts or||||||||| |performance-related|grants|||||||||| |Accruals and deferred||income||||||||| |Taxation and social|security|||||||||| |Other creditors||||||||||| |||Total|845||761|||||| |Note 9|Cash at||bank and in hand|||| |---|---|---|---|---|---|---| |||||This year|Last year|| ||||||f|| |Short term cash||||||| |investments
(less|||than 3|||| |months|maturity|date)||||| |Short term deposits||||||| |Cash at|bank and||on|||| |hand||||286,124||190,818| |Other||||||| |Total||||286,124||190,818|