2021-12-31-accounts

		Page
Trustees' report		1-7
Statement oftrustees'	responsibilities
Independent auditor's	report	9-12
Statement offinancial	activities	13
Balance sheet		14
Notes to the financial	statements	15-29

Reference	and administrative	and administrative	details
Charity number				1183216
Governing	document			CIO - Association		registered	1 May 2019
Trustees				Mr D Wood
				MrJW Wright
				Mr P BMarshall
Key management		personnel		David Edwards	- Lead Pastor
				Faye Edwards - Associate Lead Pastor and Jesus Cares
				Project Co-ordinator
Principal office				Kings Church Administrative			Office
				71 Lower Dock	Street
				Newport
				NP20 1EH
Bankers				Barclays Bank PLC
				14Commercial	Street
				Newport
				NP20 1HE
Auditors				Azets Audit Services
				Ty Derw
				Lime Tree Court
				Cardiff Gate Business Park
				Cardiff
				CF23 8AB
Solicitors				Harding Evans
				Queens Chambers
				2 North Street
				Newport
				NP20 1TE

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
~f	Notes	2021 9	2021 6	2021 6	2020 6	2020 8	2020f
Donations and legacies		217,755		217,755	1,079,095	250,034	1,329,129
Charitable activities		494	185,455	185,949	2,500	270,973	273,473
Other trading activities					4,922		4,922
Investments		580		580	421		421
Total income		218,829	185,455	404,284	1,086,938	521,007	1,607,945
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Charitable activities		173,075	166,093	339,168	139,391	216,637	356,028
Net incoming
resources before
transfers		45,754	19,362	65,116	947,547	304,370	1,251,917
Gross transfers
between funds		30,000	(30,000)		30,000	(30,000)
Net income/(expenditure)
for the year/
Net movement in funds		75,754	(10,638)	65,116	977,547	274,370	1,251,917
Fund balances at 1
January 2021		977,547	274,370	1,251,917
Fund balances at 31
December 2021		1,053,301	263,732	1,317,033	977,547	274,370	1,251,917

				Notes	2021 6	f	2020 6
Fixed assets
Tangible assets						1,015,328		1,040,059
Current assets
Debtors				12	16,006		36,505
Cash at bank and		in	hend		543,020		452,704
					559,026		489,209
Creditors:	amounts		falling due within
one year				14	(40,276)		(33,076)
Net current	assets					518,750		456,133
Total assets less		current liabilities				1,534,078		1,496,192
Creditors:	amounts		falling due after
more than	one year			15		(217,045)		(244,275)
Net assets						1,317,033		1,251,917
Income funds
Restricted	funds			17		263,732		274,370
Unrestricted	funds
Designated	funds			18	952,581		807,820
General unrestricted			funds		100,720		169,727
						1,053,301		977,547
						1,317,033		1,251,917

			Unrestricted	Unrestricted	Restricted	Total
			funds	funds	funds
			2021	2020	2020	2020
			6		6
Donations	and gifts		217,755	1,079,095	250,034	1,329,129
Donations	and gifts
Tithes and	oiferings		183,024	179,965		179,965
Gift aid			34,112	31,525		31,525
Donations			619	5,302		5,302
Legacy				15,000		15,000
Transfer from unincorporated		charity to CIO		847,303	250,034	1,097,337
			217,755	1,079,095	250,034	1,329,129

			2021	2020
			8	6
Grants			185,455	270,973
Events			494	2,244
Other income				256
			185,949	273,473
Analysis	by fund
Unrestricted		funds	494	2,500
Restdcted funds			185,455	270,973
			185,949	273,473
Grants
Coronavirus Job Retention Scheme			25,176	47,301
Big Lottery Fund			160,279	208,672
Awards	For All Wales			10,000
Newport	City	Council		5,000
			185,455	270,973

		Total	Unrestricted
			funds
		2021 6	2020f
Bookshop income			22
Rental income			4,900
Other trading	activities		4,922

			Unrestricted	Unrestricted
			funds	funds
			2021	2020
			f
Interest receivable			580	421
Charitable activities
			2021 8	2020f
Staffcosts			120,749	122,212
Depreciation	and impairment		33,460	32,117
Jesus Cares	Project		57,555	90,339
Mission donations			5,400	5,100
Event costs			21,994	22,300
Premises costs			46,257	27,777
Administration	costs		7,350	7,914
Advertising				112
			292,765	307,871
Share ofsupport costs (see note 8)			40,169	42,457
Share ofgovernance		costs (see note 8)	6,234	5,700
			339,168	356,028
Analysis by	fund
Unrestricted	funds		173,075	139,391
Restricted funds			166,093	216,637
			339,168	356,028

		Support	Governance	2021	Support	Governance	2020
		costs	costs		costs	costs
		8	8
Staff costs		30,187		30,187	30,553		30,553
Bank &loan interest		9,246		9,246	10,628		10,628
Bank charges		736		736	1,276		1,276
Audit fees			6,234	6,234		5,700	5,700
		40,169	6,234	46,403	42,457	5,700	48,157
Analysed	between
Charitable	activities	40,169	6,234	46,403	42,457	5,700	48,157

	2021	2020
	Number	Number
Employment costs	2021	2020
	6	6
Wages and salaries	133,816	141,771
Social security costs	11,644	8,003
Other pension costs	5,476	2,991
	150,936	152,765

Tangible fixed assets
		Freehold land and hulldinssf	Fixtures and Motor vehicles fI%lossf f		Total
Cost orvaluation
At 1 January 2021		1,035,936	23,516	12,724	1,072,176
Additions		7,200	1,529		8,729
At 31 December 2021		1,043,136	25,045	12,724	1,080,905
Depreciation and impairment
At 1 January 2021		24,251	3,848	4,018	32,117
Depreciation charged	in the year	24,285	5,157	4,018	33,460
At 31 December 2021		48,536	9,005	8,036	65,577
Carrying amount
At 31 December 2021		994,600	16,040	4,688	1,015,328
At 31 December 2020		1,011,685	19,668	8,706	1,040,059

12	Debtors
	Amounts falling due within one year:		2021f	2020 6
	Trade debtors			225
	Other debtors		9,845	30,275
	Prepayments	and accrued income	6,161	6,005
			16,006	36,505
13	Loans and overdrafts
			2021	2020
			6	6
	Bank loans		242,851	268,635
	Payable within	one year	25,806	24,360
	Payable after	one year	217,045	244,275

14	Creditors: amounts	falling due within one year
				2021	2020
			Notes	6	6
	Bankloans		13	25,806	24,360
	Trade creditors			2,873	313
	Accruals and deferred	income		11,597	8,403
				40,276	33,076
15	Creditors: amounts	falling due aRer more than one year
				2021	2020
			Notes	6	6
	Bank loans		13	217,045	244,275

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	Balance at	Transfers	Balance at	Rescurces	Transfers	Balance at
	1January 2020	1	January 2021	expended		31December
		6	f			2021f
Fixed asset fund		807,820	807,820	(23,968)	8,729	792,581
Project fund					100,000	100,000
Facilities fund					60,000	60,000
		807,820	807,820	(23,968)	168,729	952,581