2021-03-31-accounts

			Page
Reference	and Administrative details
Report of	the Trustees		2-7
Report of	the Independent Examiner
Statement	of Financial	Activities
Balance Sheet			10
Notes to the financial		statements	11-16

					Unrestricted	Restricted	Total	Total
			Notes		Funds	Funds	2020/21	2019/20
						2		2
Income:
Income from donations			Note 2		196,254	104,229	300,483	167,376
Income from charitable activities			Note 3		91		91	9,413
Income from other investment income	trading	activities	Note 4		1,543 36		1,543 36	1,905 60
Other income					190		190	400
Donation offunds	from LCC (charity)							763,632
CJRS grant (furlough pay		recovered)			15,197		'15,197
Total income					213,311	104,229	317,540	942,786
Expenditure:
Staffing costs			Note 5		121,328	28,508	149,836	93,924
Tithe to Relational	Mission				21,996		21,996	12,831
Expenditure on charitable Other expenditure Professional fees		activities	Note Note	B 7	7,038 14,558 240	30,041	37,079 14,558 240	22,650 16,518 1,362
Depreciation					14,298		14,298	175
Total expenditure					179,458	58,549	238,007	147,460
Net income/(expenditure)					33,853	45,680	79,533	795,326
Transfers between	Funds				11,064	(11,064)
Net movement in	funds				44,917	34,616	79,533	795,326
Reconciliation	offunds:
Fund balances brought		forward			152,211	643,115	795,326
Fund balances carried forward			Note	1 1	197,128	677,731	874 859	795326

		Balance S	heet as at 31	March 2021
				At 31 March	At 31 March
			Notes	2021	2020
				2
Fixed Assets
Tangible assets			Note 8	621,155	632,989
Current Assets
Debtors			Note 9	11,636	33,622
Cash at bank and	in hand			245,824	137,427
				257,460	171,049
Current Liabilities
Amounts falling due within one year			Note 10	(3,756)	(8,712)
Net current assets				253,704	162,337
Total Net Assets				874,859	795,326
The Funds ofthe	Charity:
Restricted funds:
New Building Fund Community Outreach Newday Friendship Club Lowestoft Foodbank		projects	Note 11 Note 11 Note 11 Note 11 Note 11	9,626 10,640 2,242 485 81,745	9,626 7,269 2,242 485 39,243
Backpack Blessing			Note 11	478	1,021
Hardship Fund Revaluation Reserve			Note 11 Note 11	350 572,165	583,229
				677,731	643,115
Unrestricted funds			Note 11	197,128	152,211
				874,859	795,326

2	Income	from	from	donations			Unrestricted Funds	Restricted Funds	2020/21	Period to 31/03/20
							2	2	2	2
	Donations						163,102	58,843	221,945	124,917
	Gift Aid						33,152		33,152	24,059
	Grants							45,386	45,386	18,400
							196,254	104,229	300)483	167,376
	Income	from		charitable	activities		Unrestricted Funds	Restricted Funds	2020/21	Period to 31/03/20
							2	2	2	2
	Children	8	Youth Activities				91		91	3,178
	Equipping		&Training							592
	Church	Events								26
	Community		Activities							5,617
							91		91	9,413
4	Income	from		other trading		activities	Unrestricted Funds	Restricted Funds	2020/21	Period to 31/03/20
							2	2	2	2
	Building	hire					1,330		1,330	1,890
	Photocopying			& printing			213		213	15
							1,543		1,543	1,905

Staffing costs				Unrestricted Funds	Restricted Funds	2020/21	Period to 31/03/20
				2		2
Gross salaries &wages				112,184	28,508	140,692	81,929
Social Security costs				5,051		5,051	5,286
Employer's pension	contributions			3,865		3,865	2,287
				121,100	28,508	149,608	89,502
Travel &subsistence				78		78	2,960
Staff training				150		150	1,462
				121,328	28,508	149,836	93,924
Number of employees						12
No employee received employee			benefits of more than 260,000		for the reporting	period.
Expenditure on charitable		activities		Unrestricted Funds	Restricted Funds	2020/21	Period to 31/03/20
				2	2
Church meetings				1,286		1,286	2,410
Children, Youth &Schools work				5,729		5,729	4,203
Community work					29,091	29,091	13,534
Evangelism, Cell &	Equipping			23		23	1,978
Church events							91
Hardship Fund					950	950	434
				7,038	30,041	37,079	22,650
Other expenditure				Unrestricted Funds	Restricted Funds	2020/21	Period to 31/03/20
				2	2	2	2
Admin &Office costs				3,626		3,626	2,697
Light, heat, water &	waste disposal			4,043		4,043	5,970
Insurance				2,172		2,172	1,233
Advertising & publicity				178		178	814
Repairs &cleaning				2,954		2,954	4,546
Miscellaneous				1,585		1,585	1,258
				14,558		14,558	16,518

Tangible Fixed Assets	Freehold	land	Freehold property	Fixtures, fittings 8 equipment	Total
				2
Cost or valuation:
At 1 April 2020	40,000		648,200	64,567	752,767
Additions				2,464	2,464
Disposals
At 31 March 2021	40,000		648,200	67,031	755,231
Accumulated depreciation:
At 1 April 2020			59,820	59,958	119,778
Charge for the period			11,964	2,334	14,298
Disposals
At 31 March 2021			71,784	62,292	134,076
Net Book Value:
At 31 March 2021	40,000		576,416	4,739	621,155
At 31 March 2020	40,000		588,380	4,609	632,989

			Freehold	Freehold
Historical cost note:			land	property
Cost			50,000	45,000
Less: accumulated		depreciation		(18,000)
			50,000	27,000
			At 31 March	At 31 March
Debtors			2021	2020
			2
Trade debtors			1,050	100
Prepayments	&accrued income		10,183	32,903
Other debtors			403	619
			11,636	33,622

						At 31 March	At 31 March
10	Creditors: amounts		falling due within one year			2021	2020
							9
	Trade creditors					688	3,202
	Accruals 8 deferred	income				261	2,061
	Tax 8 social security					2,167	2,619
	Other creditors					640	830
						3,756	8,712
11	Movements in funds		At 1 April 2020	Incoming resources	Outgoing resources	Transfers	At 31 March 2021
			2	0	9	0	0
	Unrestricted funds:
	General Fund		152,211	213,311	(179,458)	11,064	197,128
	Restricted funds:
	New Building Fund		9,626				9,626
	Community Outreach		7,269	11,703	(8,332)		10,640
	Newday		2,242				2,242
	Friendship Club		485				485
	Lowestoft Foodbank		39,243	91,226	(48,724)		81,745
	Backpack Blessing		1,021		(543)		478
	Hardship Fund			1,300	(950)		350
	Revaluation reserve		583,229			(11,064)	572,165
			643,115	104,229	(58,549)	(11,064)	677,731
	Total funds		795,326	317,540	(238,007)		874,859

Analysis	of net assets between funds
		Unrestricted	Restricted
		funds	funds	Total funds
		2	2
Tangible	fixed assets	55,671	565,484	621,155
Current	assets	145,213	112,247	257,460
Current	liabilities	(3,756)		(3,756)
Net assets at 31 March 2021		197,128	677,731	874,859