| Ref | 2018 to 2020 Annual Return questions Part A |
Question status | Who needs to complete the question |
Will the information be shown to the public on the register? |
|---|---|---|---|---|
| 3 | Income and spending | No change from previous annual returns |
All charities | Yes |
| 4 | For the period of this return, were there any serious incidents that the charity failed to report to the commission? |
Minor amendment to question wording |
All charities with income over £25,000 |
No |
| 5 | Does your charity raise funds from the public? | No change from previous annual returns |
All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 |
No |
| 6 | Does your charity work with a professional fundraiser? |
New question | As above and only asked if the answer is YES to Ref 5 |
N/A |
| 7 | Does your charity have written agreements with all of its professional fundraisers? |
New question | As above and only asked if the answer is YES to Ref 6 |
N/A |
| 8 | Does your charity work with a commercial participator? |
No change from previous annual returns |
As above and only asked if the answer is YES to Ref 5 |
N/A |
| 9 | Does your charity have written agreements with all of its commercial participators? |
Minor amendment to question wording |
As above and only asked if the answer is YES to Ref 8 |
N/A |
| 10 | Is grant making the main way your charity carries out its purposes? |
No change from previous annual returns |
All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 |
No |
| 11 | During the financial period for this return, did your charity receive income from contracts (other than grant agreements) from central government or a local authority? |
Minor amendment to question wording |
All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 |
No |
|---|---|---|---|---|
| 12 | How many contracts (other than grant agreements) did your charity have from central government or a local authority? |
New question | As above and only asked if the answer is YES to Ref 11 |
N/A |
| 13 | What was the total value of the contracts held from central government or a local authority? |
Minor amendment to question wording |
As above and only asked if the answer is YES to Ref 11 |
N/A |
| 14 | During the financial period for this return, did your charity receive any grant funding from central government or a local authority? |
New question | All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 |
No |
| 15 | How many grants did your charity receive from central government or a local authority? |
New question | As above and only asked if the answer is YES to Ref 14 |
N/A |
| 16 | What was the total value of the grants held from central government or a local authority? |
New question | As above and only asked if the answer is YES to Ref 14 |
N/A |
| 17 | During the financial period for this annual return, did the charity receive income from outside of the UK? |
New question | All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 |
Yes |
| 18 | Select countries the charity received income from, or select 'Unknown/don't know if applicable'. |
New question | As above and only asked if the answer is YES to Ref 17 |
Taiwan and USA |
| 19 | What is the value of income by country? For each country specify the source and amount of income from the options: a) Overseas Governments or quasi government bodies; (including EU) b) Overseas Charities, NGO's or NPO's c) Individual donors resident overseas d) Overseas institutional donors/institutions (for example private company donations) e) Unknown/don't know |
New question | As above and only asked if the answer is YES to Ref 17 For Individual donors and private institutions (c and d categories) we will apply a threshold of payments of over £25,000 or 80% of charity income. For these two categories, providing the data in the 2018 annual return will be optional. The categories will be mandatory for the 2019 and 2020 annual return. |
Taiwan from c) 2100.- USA from c) 3000.- |
|---|---|---|---|---|
| 20 | During the financial period for this annual return, did your charity operate outside England and Wales? |
No change from previous annual returns |
All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 |
No |
| 21 | Select Countries the charity operated in during the financial period covered by this annual return |
No change from previous annual returns |
As above and only asked if the answer is YES to Ref 20 |
N/A |
| 22 | Record the total expenditure by Country | No change from previous annual returns |
As above and only asked if the answer is YES to Ref 20 |
N/A |
| 23 | When spending money outside England and Wales, did yourcharity transfer money other |
New question | All Charitable Incorporated Organisations (CIOs) |
No |
| than using the regulated banking system? | All other charities with income over £10K This question will be optional for the 2018 annual return, but compulsory for the 2019 and 2020 annual return. |
|||
|---|---|---|---|---|
| 24 | What methods to transfer money did the charity use and what was the value? A) Cash courier b) Other charities or NGO's/NPO'S c) Money Service Business (MSB) d) Informal Money Transfer Systems e) Online payment methods (e.g. Paypal) f) Other |
New question | As above and only asked if the answer is YES to Ref 23 This question will be optional for the 2018 annual return, but compulsory for the 2019 and 2020 annual return. |
N/A |
| 25 | Does the charity have monitoring controls in place to monitor overseas expenditure? |
New question | As above and only asked if the answer is YES to Ref 23 This question will be optional for the 2018 annual return, but compulsory for the 2019 and 2020 annual return. |
N/A |
| 26 | Are the trustees satisfied that the charity’s risk management policy and procedures adequately address the risks to the charity |
New question | As above and triggered when answered YES to Ref 23 |
N/A |
| arising from its activities and/or where it operates? |
This question will be optional for the 2018 annual return, but compulsory for the 2019 and 2020 annual return. |
|||
|---|---|---|---|---|
| 27 | Does the charity have any trading subsidiaries? |
No change from previous annual returns |
All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 |
No |
| 28 | How many trustees are also Directors of the trading subsidiaries? |
New question | As above and only asked if the answer is YES to Ref 27 |
N/A |
| 29 | During the financial period for this annual return, did any of the trustees receive remuneration or benefits other than expenses incurred? |
Minor amendment to question wording |
All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 |
No |
| 30 | For what services were any of the trustees paid? a) paid for being a trustee b) paid for providing professional advice or services to the charity c) any other benefit from the charity (for example accommodation, car, holiday). Also include any payments and benefits given to trustees who are paid members of staff |
Minor amendment to question wording |
All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 |
No |
| 31 | During the period covered by this annual return, did any of the trustees resign and take up employment with the charity? |
New question | All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 |
No |
| 32 | Did any of your charity's staff receive total employee benefits of £60,000 or more? |
New question | All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 |
No |
| 33 | Enter the number of staff for each of the following salary bands: £60,000 - £150,000 (increments of £10,000) £150,001 - £500,000 (increments of £50,000) Over £500,000 |
New question | As above and only asked if the answer is YES to Ref 32 |
N/A |
| 34 | For your highest paid member of staff only, what was the total value of their employee benefits? |
New question | All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 |
N/A |
| 35 | How many UK volunteers, excluding trustees, did your charity have during the financial period? |
No change | All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 |
two |
| 36 | During the financial period for this annual return, did your charity review its financial controls? |
No change | All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 |
Yes |
| 37 | Has the charity obtained a standard, enhanced or enhanced with barred lists DBS check on all trustees, employees and volunteers who are in roles that are eligible for these checks? |
New question | All Charitable Incorporated Organisations (CIOs) All other charities with income over £10,000 Question will be triggered for charities with particular classifications and regulated by certain organisations. |
Yes |
|---|---|---|---|---|
| Part B | ||||
| 39 | No changes to part B questions that have been asked in previous years |
No change from previous annual returns |
All charities with income over £500,000 |
N/A |
| Part C | ||||
| 40 | Send trustees' annual report and accounts | Amendment to upload functionality. You will be able to attach 3 files or 1 consolidated file - trustees' annual report/accounts/auditor's report |
All Charitable Incorporated Organisations (CIOs) All other charities with income over £25,000 |
Yes |
| Declaration | ||||
| 41 | Complete a declaration. It will collect your name, position, contact details and the date. |
Minor amendment to the declaration (it will ask for your role) |
All charities and CIOs | Name: Wai Kuen Lau Position: chair Contact: 07760682236 Date: 5/8/2020 Name: Wen-chin Wang |
Position: treasurer Contact: 02089052677 Date: 5/8/2020 (resigned 6/8/2020) Name: Yuen Fan Salina Kwok Position: secretary Contact: 02089052677 Date: 5/8/2020 New position: Name: Katherine Wei Lee Position: chair Contact: 07809721064 Date: 6/8/2020 Name: Wai Kuen Lau Position: secretary Contact: 07760682236 Date: 6/8/2020 Name: Yuen Fan Salina Kwok Position: treasurer Contact: 02089052677 Date: 6/8/2020
Registered Charity Number: 1181646 Home of Gra for Christ's Workers In London Report of the Trustees and Financial Statements for the Year Ended 31 December 2020
Home of Gra for Christ's Workers In London Reference and Administrative Detsils For the year ended 31 December 2020 Trustees Wai Kuen Lau Yuen Fan Salina Kwok Katherine Wei Lee {appN)inted 61812020) Yen-chin Wang (resign&l 5 August 2020) Principal Address 34 Farrant Way Borehamwood Hertfordshire WD6 4TE Registered Charity No 1181646
Home of Gra for Christ's Workers In London Report of the Trystees For the year ended 31 December 2020 The Charity was registered as a Charitable IncorpK)rated Organisation (Cto) on 21 January 2019 and the trustees present their rewrt with the financial statements of the charty for the year ended 31 tkcember 2020. The trustees have adopted the provisions of Accounting and Reporting by Charitie5.' Ststement of Recommended Pracknce applicable to charities preparing their accounts in accordance with the FInarla1 Rewrting Standard applicable in the UK and Republic of Ireland (FRS 102). OBJEcfIvES AND ACTIvrrIES Purposes of the Charity To advance the Christian religion in the UK for the benefit of the public in particular but without limitation through the holding of prayer mting5, leciures, andlor distributing literature on Christianity to enlighten others about the Chrisban religion. Public Benefit We confirm the trustee5 have had regard to the guidan iued by the Charity Commission on public benefit when reviewing the Charity's aims and objectives and planning current and future activities. ACHIEVEMENT AND PERFORMANCE Policy on Grant Making We do not have any grant making activities so far and no Ff)licy has yet teen developed. Policy on Social Investmen¢ including Program Related Investment We do not have any social investment induding program related investment yet and no tx)Iicy has yet been developed. Contribution made by Volunteers The Charity relies on the support of volunteers to undertake its charitable acbvities.
Home of Gra for Christ's Workers In London Report of the Trystees For the year ended 31 December 2020 Summary of Main Achievements and Plans for the Future 2020 was a diffficult year due to the Covid-19 pandemic stsrting at the beginning of the year until present. HOG also bore the brunt of the burden. To continue in our aim to promote Christianity, we had Bible class in January and February. We also went outdoor to evangelize in China Town in January. With the pandemic getting more serious, we had to stop our activities from March to Ottober. Since November, two of our Bible class participants requested for some help to purchase groceries. Our trustee took the opportunity to help once a month and also assisted the participants in their Bible query and had a short time of prdyer in their garden with social distancing and masks. Our trustee had weekly phone calls with them to assist in their Bible query and strengthen one another. Since mid-December we joined the Bible z(y)m gathering of London Hua Xia Christian Church and our trustees and volunteer5 shared in the meeting from Monday to Friday. From 26 Dernber, we have started our zcom meeting in Bible sharing and comparison every Saturday. As the charity has onty been in existence for a short period, we need to strengthen our approach to our objeLtives and ensure the basic set up is firni in pla before we may take any policy on grantmaknng. As for investment, our cuent condits.on has not rendered us much excesse5 for investment. We also need good plans, personnel and knowledge before we make any investrnent lest it may tRcome a loss to the charity. Our volunteers come to assist us in Bible sharing both in Bible class and on zoom plattom. They also assist in some administratr.ve WO in the premises and gather for prayer for the UK. Achievements against objectives set 2020 was a year of pandemic which caused a lot of suspension in the worldwide economy. Due to the virus, people were barred from work and gathering. Thus our Bible class participants were unable to come and we tLK) were refrained from practicing outdoor evangelism or make any visit as set out in our objectives. In January and early FebNary we still had the Bible classes in our premises and outdoor evangelism. Thereafter all activities were stopped and we waited for several months. By December we started to work on the zoom plafform to continue our Bible classes and this continues to the present time.
Home of Gra for Christ's Workers In London Report of the Trystees For the year ended 31 December 2020 FINANCIAL REVIEW ReseThes Policy As this is only the second year of our charity, we have not yet planned on any expansion for the moment. In addition, the influence of the Covid pandemic has meant that anticipated donations from various Sour have not been met. We intend to keep some reserves for premise's maintenance and replenishment of office appliances and ad hrK usage in 2022 as we see that 2021 is still a difficu year with the lingering of the pandemic. By the third quarter of 2020 we experienced the subsidence of the premises due to the dryness of the underlying foundation. This cost us a comparatively large sum of money for fixing the Subsiden as well as renovating our premise5 after the subsiden. Thank God, the original donors of the premises were very willing to suprth us in this renovation project. Now our premises is in goLxJ shaFe and order and all electric wiring is in a safe condition. The reseNes of the Charity are both restricted and unrestricted. The free reseNes (total unrestricted reserves excluding fixed assets) of the Charity as at 31 December 2020 were £5,879 and the Trustees consider that it should hold 9 months running expenses (expenditure excluding provision for depreciation) in reserve which equates to £4,223. Restrirted ndS held at the year end of £1,833 are donations towards the future cost of council tax on the charity's propety. The Trustees consider that there are no material UnrtaIntieS about the charity's ability to continue as a going conrn. In forming this opinion they have considered the impact of the COVID-19 pandemic on both its future income and expenditure for a period of at least 12 months from the date of approwdl of these financial statements. Financial Performance The total incoming res(rceS for the year amount to £10,966. This is made up of £5,970 individual unrestricted donations aThJ £4,996 restricted donations, towards the cost of subsidence repairs and o)uncil tax charges on the property owned by the Charity. Expenditure during the year consists of depreciakn.on on the charivs property and vehicle and costs incurred in the course of its charitsble activities as well as day to day running costs for the premises and the charity's activities. ExptIOnal costs of £1,858 We incurred during the year in respect of the Subsiden and charged against restricted funds.
Home of Gra for Christ's Workers In London Report of the Trystees For the year ended 31 December 2020 Currently the Trust are in the presS of setting up a bank account in the United Kingdom. This has proved more difficult than originalty anticipated, partly as a result of the pandemic, and until this has teen achieved, the Charivs fijnds are beir4J held on its tehalf by its trustees. Principal Sources of Funds Our principal funding Sour come from individual donors inside ar)d outside the UK. Investment Policy As we have just started our tharity work we sknll have to assess the expected level of future donations that will be sufficient to suprKJrt investrnent for the charity. Principal Risks With the pandemic going on and the gathering together for classes and outdoor actrvities which p)se a great impact on spreading the virus, our activities will be much reduced. tk)nations will also much reduced as the woddwide economy is also gY affected. srRucfuRE, GOVERNANCE AND MANAGEMENT Governing Document The Charity is a CIO registered on 21 January 2019 and is governed by ts constitution. Under the constttution, the trustees are its sole meMr$ and are responsible for tts day to day management. According to the Charity Commission rules, all trustees share the same responsibility. Each of our trustees will take up a major financial, administerial or extemal role and a minor role in another role. Appointment of Trustees Our CIO is fomied by a few committed Christians to spr&id Christianity in the UK. We encourage daily Bible study, prayer meetings and fellowship with God for all trustees. We plan to hokl annual Bible study meeting and global prayer meetings for the trustees with some volunteer workers in order to have a deeper understanding of God's words and His will so we may share and explain God's words clearly and be able to achieve our chartvs goal effectively. All trustees are encouraged to join our activity of street evangelism.
Pa8è 16 For the year ended 311)ec•nber 2020 STATEMEKf OF TR115YEES' RESPOPISIBILrries statements In ciNdan trti a4atrIe kiw arxl Untrd kc(XJDting Starthrds (United ngLn Generalty N£cepted Punting fin¢incial RepytirxJ Stsndard 102 Tr nan1)a1 Repcwb'rg Stsr#dard ak¥4icat4e in the UK a1 Rewblic d IrelaThJ" The law applicable to chwfts in ErKJlaTrJ Wales, tre CTharities Act 2011, Chanty Ints arKI Rerts) RegulatKrfb 2CK18 and the 151( of tr trust deed r8Jues the tru5tee5 to epare finandal statements f eath finar1 year wlth gNe a tn aNI fair vwi of the State of affavs of the d)aiity arx1 of irKThrfflYJ re9f¢eS and of regJtr, luding the irKtsne and exFthJrture, rf tre thanty that [. In wep3rlThJ those obsave the rrth(Js arx1 pnnciples in the CW SC41P' make ]"Lrr arKI ests'mates that are reawatle and prepare the finaTh)at on the C(Cl basis urkn it is inakywke Tre trustees are retle for kee[mr WLVY a(£iMJntir¥J recd$ wlith discb5e wlth reascfth any time the firbancial rM)yticMI of the ttrty arxl to them to ensure that the finala1 5tatwts comp with the Charities Act 2011, the Charity (Attwnts and Repjrts) Rgjulathms 2U)8 and the WOViSbWS of the trust dJ. are also re5pcrfIe fcr safeguardirMJ the assets of tr chatity armj lakir4 re3Xe st45 for the .. 2021 and ned on Its btha trrwtee) Yuen Fan Salina
Home of Gra for Christ's Workers In London Strtennt of Financial Activities For the year ended 31 December 2020 Notes 2020 Total 2019 Unrestricted Unrestri Restrict cted Income from: Donations 5,970 10,966 409,191 Total income Expenditure on: 10,966 Charitsble activities 3 (15,311) (3,163) (18,474) (17,130) Total Expenditure Net incomel(expenditure} and net movement in ftinds for the year (9,341) 1,833 (7,508) 392,061 Reconciliation of funds.. Total funds brought fomard 392,061 392,061 Total funds carried fOard 382 720 1833 384 553 392 061 All the Charivs funds represent unrestricted gerEral funds. The notes fom part of these financial statements.
Pa8e la As at 31 DK•nbw 2020 2020 2019 Freehdd Pr¢0 Mclor Vehide 3fA.720 370.3E 386 521 Cash hdd by Trustee5 10,112 CREDITOR5 kcrLds {2,4<M]) (3,Cth) FUNDS Unrestrthl (Gw) Re#n'cted 381720 1,833 392,(1 TOTAL FUNDS (Tn&ee) YLn Saina KAr R8)l#tred Chwity Nwntv: 1181646
Home of Gra for Christ's Workers In London Notes to the Finanaal Statements For the year ended 31 December 2020 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the d)arity, which is a public benefrt entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Rewrting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ' Financial Reporting Stsndard 102 The Financial Rewrting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial ststements have been prepared under the historical cost convention. Going concem The trust consider that there are no material unrtaInbe5 about the Charity's ability to continue as a going conrn. In fomiing this opinion, they have considered the impact of the COVID-19 pandemic on both its income and expendtiure for at least a period of twelve months from the date of approval of these financial statements. In their opinion expenditure can easily be tailored to matrh the level of income receiv&Y for the foreseeable future. The Charivs reserves are also sufficient to meet any short temi fluthations. Financial reporting stsndard 102 - reduced disclosure exemptions The charity has taken advantage of the following disclosure exemptions in preparing these financial ststements, as pemitted by FRS 102 The Financial Reporting Stsndard applicable in the UK and Republic of Iland,. . the requirements of Section 7 Ststement of Cash Flows. Income All income is recognised in the Ststement of Financial Artivities once the charity has entitlement to the funds, it is probable that the income will be r1Ved and the amount can be measured reliabty. Expenditure abilities are rerc*Jnised as expenditure as swn as there is a legal or constructive obligation committsng the charity to that expendibjre, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be dIrUY attributed to particular headings they have been allocated to acbvities on a basis consistent wth the use of reNJrce$.
Home of Gra for Christ's Workers In London Notes to the Finanaal Ststements For the year ended 31 December 2020 ACCOUNTING POLICIES - CONTINUED Governance costs These are included within suprK)rt costs and include the costs attributable to the Charity's compliance with constitutional and statutory requirements, including independent examinats"on, trustees, meetings and reimbursed expenses. Tanglble Flxed Assets Tangible fixed assets are stated at cost or estimated value for donated assets. Depreciation is calculated so as to write off the cost of fixed assets on a straight-line basis over the exFected useful economic lives of the assets concerned. The principal annual rates used for this purpose are as follows: Freehold propety Motor vehicles 20kn rEr annum (excluding land) - 20% per annum The Trustees have considere(i the impact of component accounting on the frhold property and are of the opinion that its impact would be trivial on these financial statements. Taxation The charity is exempt from tsx on its charitable athvities. Fund accounting All the funds of the charity are unrestricted and can be used in accordance with the charitable objeLtive5 at the discrebon of the trustees. Critical accounting estimates and ar of judgement In preparing the financial statements it is necessary to make rtAin judgements, estimates and assumptions that afft the amounts rogniSed in the financial statements. In the view of the Trustees, there are no significant judgements, estimates and assumptions required. Financial Instruments The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments, including its debtors and creditors. These are initially recognised at transaction value and sUbSequtIY valued at their settlement value. Functional Currency The financial ststements are presented in Pound Sterling, which is the functional currency. All financial information presented is rounded to the nearest Pound Sterling.
Home of Gra for Chrisvs Workers in London Notes to the Ftnanclal Statements For the year ended 31 Drnber 2020 2. DONATIONS AND LEGACIES 2020 2019 Unrestrirted Donations Individuals Property Vehicle Trusts 5,970 30,705 376,000 500 1,986 409,191 5,970 Restricted donations 4,996 Total Donations 10,966 409,191 Propety donated in 2019 represents the Charivs principal address, which is used for its charitable purposes, at 34 Farrant Way, Borehamw(KMI, Hertfordshire, WD6 4TE. (see note 3. CHARrrABLE AcrIvrrIES 2020 2019 Property Costs Postage & Stationery Motor Vehicle Costs Travel Subsisten Sundry Telephone & Internet Services - Water, Gas, Ekntcity Council Tax Depreciation Charge Governance - Travel Governance - Accountsncy 2.174 51 1,329 54 289 565 288 1,149 341 1,037 219 215 1,305 9,680 503 9,680 851 18,474 17,130 Included above is restricted expenditure of KEY MANAGEMENT PERSONNEL 3,163 Key management personnel are those persons having authority and reswnsibility for planning, directing and controlling the activ"e5 of the charty, directly or indirectly, including any trust of the charity. The key management personnel of the Charity are the trustees. The Trustees provide their services fr of charge. No value is reflected in the accounts for the donated seNices of the Trustees. No trustee was reimbursed expenses during the year. Trustees travel costs of £503 are reflected above as Governan.
Home of Gra for Christ's Workers In London Notes to the Financial Ststements For the year ended 31 December 2020 TANGIBLE FIXED ASss Property Vehicle Cost: At I january 2020 Additions 376,000 20,201 At 31 December 2020 376,000 20,201 Accumulated Depreciation: At l January 2020 Charge for the year 4,040 4,040 At 31 December 2020 11,280 8,080 Net Bcx)k Value 2020 Net BLK)k Value 2019 370,360 16,161 The property is 34 Farrant Way, Borehamw(KKI, Hertfordshire, WD6 4TE and was donated to the Charty during 2019. It was brought into the financial statements at its estimated value based on three independent desktop valuations. It is intended to be used for the Charivs charitable purp)ses. CASH HELD BY TRusfEES The Charity is currently in the prLKess of setkn.ng up a bank account. Until this has been opened the cash is held securely in tnjst by the Tmstees. CREDThORS 2020 2019 Accruals- Accountsncy f RELATED PARTY TRANSAcfioNS There were no related party transactions during the year.
Home of Gra for Christ's Workers In London Notes to the Finanaal Statements For the year ended 31 December 2020 NET MOVEMENT IN REsriucrED FUNDS Balance at 111120 Balance at 3111212020 Income Expenditure Subsidence repair Council tax 1,858 (1,858) 4,996 3,163 1,833 Subsidence repair fund - this consists of donations received towards the cost of Subsiden repairs for the charty's property. Council tax fvnd - this consists of donations towards future charges in respett of council tsx on the charty's property.