Charity registration number: 1183680
5th Gospel Christians
Annual Report and Financial Statements for the Year Ended 31 December 2021
5th Gospel Christians
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 6 |
| Independent Examiner's Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Cash Flow Statement | 10 |
| Notes to the Financial Statements | 11 to 20 |
5th Gospel Christians
Reference and Administrative Details
Trustees Margaret Bamford OBE Joanna Bartholomew Jane Kenyon Della Shenton Charity Registration Number 1183680 Principal Office 4 York Villas Babbacombe Road Torquay Devon TQ1 3SJ Independent Examiner Wortham Jaques Limited Chartered Accountants and Charity Advisors 130a High Street Crediton Devon EX17 3LQ
Page 1
5th Gospel Christians
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2021.
Charity Name: 5th Gospel Christians
Other names by which the charity is known: 5GC
Charity Registration Number: 1183680
Website: www.5gc.org
A. Objectives and Activities
Summary of the purposes of the charity as set out in its governing document
To advance the Christian religion for the benefit of the public in such ways as the trustees consider appropriate by relieving need, hardship and distress amongst Christian persons and their families and dependents (in particular, but without limitation, those in the Latin Patriarchate of Jerusalem including Palestine, Israel, Jordan and Cyprus) who have become displaced persons or refugees from their countries of origin or domicile by reason of hostilities or religious persecution, oppression or discrimination or other like causes.
Additional details - Policies on Grant Making and other Assistance to Refugees & other Beneficiaries
A key policy of the charity is direct engagement with the beneficiaries by visits, email and telephone, and to link parishes and individuals with parishes and charitable organisations in the Latin Patriarchate of Jerusalem.
Hard copies and a database of asylum-seeker and refugee families supported by the charity are kept in a secure office. Confidential personal information is also electronically stored in accordance with GDPR regulations and the Charity’s Privacy Policy. The core document for each refugee family is registration as a UNHCR Asylum Seeker in transit for re-settlement in a third country. Files are updated as new families arrive and archived when families obtain visas and leave.
Financial distributions for basic sustenance are made to each family of the community on a per capita basis. Assistance with rent and food boxes for a family are given per household, as several families share accommodation.
Assistance for chronic medical conditions is given where major medical charities cannot offer support, and a consultant’s fee is paid when, in their discretion, the trustees feel it necessary.
Assistance for acute medical need is given from funds raised by special appeal for the purpose.
Assistance for mental health and parenting is given to the refugees both in workshops and individually, with professional psychological support.
Equitable Policies for grant-making and assistance are safeguarded by keeping trustees and advisors in close touch with the needs of the communities in Jordan, Palestine and Israel.
- B. Structure, Governance and Management
Type of governing document: Constitution
How the charity is constituted: CIO
Trustee and Council selection: persons with the expertise to fulfill the aims and objectives of the charity.
Page 2
5th Gospel Christians
Trustees' Report
The charity trustees
| Della Shenton | Chair | 25 Jul - 31 Dec 2021 |
|---|---|---|
| Secretary | 1 Jan - 31 Dec 2021 | |
| Judy Ring | Treasurer | 1 Jan - 31 Dec 2021 |
| Jane Kenyon | Education | 1 Jan - 31 Dec 2021 |
| Jonny Kowal | ESOL | 1 Jan - 31 Dec 2021 |
| Michael Wood | Education | 1 Jan - 31 Dec 2021 |
Council of Advisors
| Council of Advisors | ||
|---|---|---|
| Dr Derek Indoe | Psychology | 1 Jan - 31 Dec 2021 |
| Roberta Indoe | Physiotherapy | 1 Jan - 31 Dec 2021 |
| Rev Gilmour McDermott | Chaplain | 1 Jan - 31 Dec 2021 |
| Clare Simpson | Marketing | 1 Jan - 31 Dec 2021 |
| Elizabeth Wood | Education | 1 Jan - 31 Dec 2021 |
| Salaam Kikhwa | Australia | 1 Jan – 31 Dec 2021 |
Patron
Bishop Emeritus Rt. Reverend Christopher Budd
Volunteer team in Jordan
Trustees appointed a team of volunteers to assist the Charity in Jordan with support for the Iraqi refugee community and Jordanian parishes. The team members are Iraqi, except for Iptisam who is Jordanian-American and a permanent resident.
| Iptisam (Sam) al Hirsh) | Senior Partner - Liaison | 1 Jan - 31 Dec 2021 |
|---|---|---|
| Inaam Zaki | Partner | 1 Jan - 31 Dec 2021 |
| Bassam Zaki | Partner | 1 Jan - 31 Dec 2021 |
| Steven Esso | Coordinating team | 1 Jan - 31 Dec 2021 |
| Rivin Qiryaqoz | Coordinating team | 1 Jan - 31 Dec 2021 |
| Fada Zaki | Coordinating team | 1 Jan - 31 Dec 2021 |
Contribution made by volunteers: all the charity’s officers and personnel are volunteers, and currently fund most of their expenses to contribute to the running of the charity. The offices, flat in Jordan, facilities and equipment are provided free of charge by trustees. UK parishes and donors are all volunteers, and all fund-raising is voluntary.
Meetings: Due to Covid-19 restrictions all trustee meetings in 2021 were on Zoom, and frequent electronic contact made with advisors. Contact daily has been maintained electronically by the office with Jordan, Israel, Palestine and Australia. Trustees, Sponsors and Advisors have joined the Zoom English classes in Jordan from time to time.
Visits to Jordan and the Holy Land: All planned visits in 2021 were cancelled due to the Pandemic. The current situation impacts our key policy of direct engagement of charity personnel with the beneficiaries.
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5th Gospel Christians
Trustees' Report
Risk to the charity: Steps have been taken to address the concern mentioned in the initial Trustee Annual Report, that one trustee is doing almost all the administration as well as being its main Field Worker.
Statement confirming whether the trustees have had regard to the guidance issued by the C. Charity Commission on public benefit
The trustees have complied with their duty in section 17(5) of the 2011 Charities Act to have due regard to public benefit, and funds were used in accordance with the charity's aims.
The charity’s work was dramatically affected by the Pandemic and cessation of all direct contact with beneficiaries. All teaching and distribution of food and funds was conducted via our partners in Jordan. Funds were sent direct to the parish in Bethlehem and to the Home for Abandoned and Orphaned children with special needs.
The focus in 2021: remained to assist the refugee community of 86 Christian Iraqi families in Madaba, Jordan currently in transit for re-settlement; to assist the Latin parish of St John the Baptist in Madaba, and to support the Bethlehem home for abandoned children and orphans with disabilities.
Food distribution and donations: two distributions of food boxes were made by the charity team in May and Dec to all 86 refugee families remaining in Madaba. External donations made to the Latin Parish in Madaba made possible a further distribution organised by the charity team at Christmas. Significant donations were made by the charity to the Bethlehem parish of the Nativity and to the children’s home in Bethlehem.
Adult Education: The Charity continued English language classes for Iraqi refugees on zoom throughout lockdown and provided the teacher, equipment and a safe space for classes in a private flat. Exams were taken at the Jordanian IELTS training and test centre in Amman.
Sporting: no activities for young children were allowed due to the lockdown and pandemic.
Emergency medical assistance: there were two specific appeals in this period.
School children: Due to limited school teaching during 2020, Iraqi families were reluctant to register children for a further year, and very few Iraqi children attended school in 2021. Few families in Madaba have computers and they rely on mobile phones for communication.
Advocacy: The charity continued its study of religious persecution, justice and human rights with reference to the Iraqi refugees. It is hoped that this and similar studies will provide valuable information and direction to contribute to public awareness and help provide assistance for the mental and physical stability of refugees.
Page 4
5th Gospel Christians
Trustees' Report
-
Summary of the main achievements and performance of the charity in relation to those purposes
-
D. for the public benefit identified in the accounts, and identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.
Social investment
The focus mission of the charity to asylum seekers and refugees is in long-term assistance through education, vocational training and mental well-being, to optimise the quality of life and opportunities available to them. In addition, the charity seeks the relief of hardship and distress in acute cases of poverty and medical emergencies.
English: Trustees paid attention to teaching young adults English to gain access to career opportunities online whilst living and waiting in Jordan. Examinations and focus changed to the International English Language Testing System now used by universities and professions world-wide. 21 students gained the IELTS Life Skills examinations and two gained full IELTS scores of 5.5 and 6.5 enabling them to go directly into tertiary training in Australia when they arrived in December 2021.
American University of Madaba: two of our Iraqi students gained scholarships offered by the Latin patriarchate and French Embassy to read English Literature and Language. The charity contributed 20% of the fees.
Genuine financial hardship: the charity sought to address needs through the distribution of food boxes in Jordan and funds to Bethlehem.
Mental health and well-being: medical reports clarified that the severe imposition of curfew and lockdown in Bethlehem and Madaba caused serious harm to the mental health of many families and individuals, particularly to children. Conditions were bleak. Isolation, poverty, cramped living space in increasing heat, inadequate medical facilities with no outlet except TV and social media. The charity was able to relieve distress in a number of cases in young children with a programme of activities in a safe and sanitised environment, together with sessions on parenting and relaxation for the adults.
E. Financial Review
Fundraising was difficult in 2021 due to lockdown. Supporters and trustees were unable to run events, to make presentations to groups or significantly to fund-raise. However, trustees continued to maintain contact with supporters by email and reports. These activities resulted in sufficient income to keep the existing projects going. Namely, to fund three distributions (two in Madaba, one in Bethlehem) and to support the children’s home.
Policy on Reserves: The Trustees consider £1,000 sufficient to keep in reserves.
Principal Sources of funds: from parishes and individuals responding to fundraising appeals. Donations to cover the costs of developing the charity were given personally by a trustee, in the light of the difficulty of raising external funding due to the pandemic.
Expenditure: the charity’s expenditure has been entirely to support the key objectives of the charity.
Page 5
5th Gospel Christians
Trustees' Report
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees of the charity on 29 October 2022 and signed on its behalf by:
......................................... Della Shenton Trustee
Page 6
5th Gospel Christians
Independent Examiner's Report to the trustees of 5th Gospel Christians
I report to the trustees on my examination of the accounts of 5th Gospel Christians for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity trustees of 5th Gospel Christians you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the 5th Gospel Christians's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of 5th Gospel Christians as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
......................................
Charlotte Chapman Gibbs BFP ACA Wortham Jaques Limited Chartered Accountants and Charity Advisors
130a High Street Crediton Devon EX17 3LQ
31 October 2022
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5th Gospel Christians
Statement of Financial Activities for the Year Ended 31 December 2021
| Note Income and Endowments from: Donations and legacies Total income Expenditure on: Raising funds Charitable activities Total expenditure Net (expenditure)/income Gross transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 14 Note Income and Endowments from: Donations and legacies Total income Expenditure on: Raising funds Charitable activities Total expenditure Net (expenditure)/income Gross transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 14 |
Unrestricted funds £ 7,559 7,559 (14) (13,538) (13,552) (5,993) 980 (5,013) 1,224 (3,789) Unrestricted funds £ 10,938 10,938 (12) (13,106) (13,118) (2,180) 1,645 (535) 1,759 1,224 |
Restricted funds £ 22,168 22,168 (13) (20,869) (20,882) 1,286 (980) 306 284 590 Restricted funds £ 15,473 15,473 (12) (14,472) (14,484) 989 (1,645) (656) 940 284 |
Total 2021 £ 29,727 |
|---|---|---|---|
| 29,727 | |||
| (27) (34,407) |
|||
| (34,434) | |||
| (4,707) - |
|||
| (4,707) 1,508 |
|||
| (3,199) | |||
| Total 2020 £ (As restated) 26,411 |
|||
| 26,411 | |||
| (24) (27,578) |
|||
| (27,602) | |||
| (1,191) - |
|||
| (1,191) 2,699 |
|||
| 1,508 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 14.
The notes on pages 11 to 20 form an integral part of these financial statements. Page 8
5th Gospel Christians
(Registration number: 1183680) Balance Sheet as at 31 December 2021
| Note Fixed assets Tangible assets 9 Current assets Debtors 10 Cash at bank and in hand 11 Creditors: Amounts falling due within one year 12 Net current (liabilities)/assets Total assets less current liabilities Creditors: Amounts falling due after more than one year 13 Net (liabilities)/assets Funds of the charity: Restricted income funds Restricted funds Unrestricted income funds Unrestricted funds Total funds 14 |
2021 £ 1,940 471 1,215 1,686 (3,825) (2,139) (199) (3,000) (3,199) 590 (3,789) (3,199) |
2020 £ (As restated) 1,440 215 573 |
|---|---|---|
| 788 (720) |
||
| 68 | ||
| 1,508 - |
||
| 1,508 | ||
| 284 1,224 |
||
| 1,508 |
The financial statements on pages 8 to 20 were approved by the trustees, and authorised for issue on 29 October 2022 and signed on their behalf by:
The notes on pages 11 to 20 form an integral part of these financial statements. Page 9
5th Gospel Christians
Cash Flow Statement for the Year Ended 31 December 2021
| Note Cash flows from operating activities Net cash expenditure Adjustments to cash flows from non-cash items Depreciation 3 Working capital adjustments (Increase)/decrease in debtors 10 Increase/(decrease) in creditors 12 Net cash flows from operating activities Cash flows from investing activities Purchase of tangible fixed assets 9 Cash flows from financing activities Repayment of loans and borrowings 12 Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at 1 January Cash and cash equivalents at 31 December |
2021 £ (4,707) 480 (4,227) (256) 3,105 (1,378) (980) 3,000 642 573 1,215 |
2020 £ (As restated) (1,191) 480 |
|---|---|---|
| (711) 1,383 (240) |
||
| 432 (1,920) - |
||
| (1,488) 2,061 |
||
| 573 |
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 11 to 20 form an integral part of these financial statements. Page 10
5th Gospel Christians
Notes to the Financial Statements for the Year Ended 31 December 2021
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
5th Gospel Christians meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) 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.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
Page 11
5th Gospel Christians
Notes to the Financial Statements for the Year Ended 31 December 2021
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £250.00 or more are initially recorded at cost.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate Office equipment Straight line over 4 years
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
Page 12
5th Gospel Christians
Notes to the Financial Statements for the Year Ended 31 December 2021
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
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5th Gospel Christians
Notes to the Financial Statements for the Year Ended 31 December 2021
Debt instruments
Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:
(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.
(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.
(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).
(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.
(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.
(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).
Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.
With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.
Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.
Page 14
5th Gospel Christians
Notes to the Financial Statements for the Year Ended 31 December 2021
2 Income from donations and legacies
| Donations and legacies; Donations from companies, trusts and similar proceeds Donations from individuals Donations from community groups Gift aid reclaimed Total for 2021 Total for 2020 |
Unrestricted funds Designated £ General £ - 19 1,226 4,293 - 300 150 1,571 1,376 6,183 5,465 5,473 |
Restricted funds £ - 17,013 4,084 1,071 22,168 15,473 |
Total funds £ 19 22,532 4,384 2,792 |
|---|---|---|---|
| 29,727 | |||
| 26,411 |
3 Expenditure on raising funds
a) Costs of generating donations and legacies
| Note Donations Total for 2021 Total for 2020 |
Unrestricted funds Designated £ General £ 2 12 2 12 10 2 |
Restricted funds £ 13 13 12 |
Total funds £ 27 |
|---|---|---|---|
| 27 | |||
| 24 |
4 Expenditure on charitable activities
| Note Providing relief to refugees Depreciation, amortisation and other similar costs Governance costs Total for 2021 Total for 2020 |
Unrestricted funds Designated £ General £ 812 11,526 - 480 - 720 812 12,726 5,217 7,889 |
Restricted funds £ 20,869 - - 20,869 14,472 |
Total funds £ 33,207 480 720 |
|---|---|---|---|
| 34,407 | |||
| 27,578 |
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5th Gospel Christians
Notes to the Financial Statements for the Year Ended 31 December 2021
5 Analysis of governance and support costs
Governance costs
| Independent examiner fees Examination of the financial statements Total for 2021 Total for 2020 |
Unrestricted funds General £ 720 720 480 |
Total funds £ 720 |
|---|---|---|
| 720 | ||
| 480 |
6 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
Donations made by the trustees without any conditions attached totalled £Nil for the year (2020 - £6,835).
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5th Gospel Christians
Notes to the Financial Statements for the Year Ended 31 December 2021
7 Independent examiner's remuneration
| 7 Independent examiner's remuneration |
||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| £ | £ | |||
| Examination of the financial statements | 720 | 480 |
Page 17
5th Gospel Christians
Notes to the Financial Statements for the Year Ended 31 December 2021
8 Taxation
The charity is a registered charity and is therefore exempt from taxation.
9 Tangible fixed assets
| Cost At 1 January 2021 Additions At 31 December 2021 Depreciation At 1 January 2021 Charge for the year At 31 December 2021 Net book value At 31 December 2021 At 31 December 2020 10 Debtors Accrued income 11 Cash and cash equivalents Cash at bank 12 Creditors: amounts falling due within one year Accruals 13 Creditors: amounts falling due after one year Other loans |
Furniture and equipment £ 1,920 980 2,900 480 480 960 1,940 1,440 2021 £ 471 2021 £ 1,215 2021 £ 3,825 |
Furniture and equipment £ 1,920 980 2,900 480 480 960 1,940 1,440 2021 £ 471 2021 £ 1,215 2021 £ 3,825 |
Total £ 1,920 980 2,900 480 480 960 1,940 1,440 2020 £ 215 |
|
|---|---|---|---|---|
| 2,900 | ||||
| 480 480 |
||||
| 960 | ||||
| 1,940 | ||||
| 1,440 | ||||
| 2021 £ 471 2021 £ 1,215 2021 £ 3,825 |
||||
| 2020 £ 573 |
||||
| 2020 £ 720 |
||||
| 2021 £ 3,000 |
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5th Gospel Christians
Notes to the Financial Statements for the Year Ended 31 December 2021
14 Funds
| Unrestricted General Unrestricted funds Designated Families Total unrestricted Restricted Medical Education Appeals Total funds Unrestricted funds General Unrestricted funds Designated Families Total unrestricted funds Restricted funds Medical Education Appeals Total funds |
Balance at 1 January 2021 £ 969 255 1,224 11 265 8 284 1,508 Balance at 1 January 2020 £ 1,742 17 1,759 164 776 - 940 2,699 |
Incoming resources £ 6,183 1,376 7,559 5,165 16,395 608 22,168 29,727 Incoming resources £ 5,473 5,465 10,938 1,808 11,867 1,798 15,473 26,411 |
Resources expended £ (12,738) (814) (13,552) (4,594) (15,680) (608) (20,882) (34,434) Resources expended £ (7,891) (5,227) (13,118) (1,961) (10,733) (1,790) (14,484) (27,602) |
Transfers £ 980 - 980 - (980) - (980) - Transfers £ 1,645 - 1,645 - (1,645) - (1,645) - |
Balance at 31 December 2021 £ (4,606) 817 |
|---|---|---|---|---|---|
| (3,789) | |||||
| 582 - 8 |
|||||
| 590 | |||||
| (3,199) | |||||
| Balance at 31 December 2020 £ 969 255 |
|||||
| 1,224 | |||||
| 11 265 8 |
|||||
| 284 | |||||
| 1,508 |
Page 19
5th Gospel Christians
Notes to the Financial Statements for the Year Ended 31 December 2021
15 Analysis of net assets between funds
| 15 Analysis of net assets between funds | |||
|---|---|---|---|
| Tangible fixed assets Current assets Current liabilities Creditors over 1 year Total net assets Tangible fixed assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ 1,940 1,686 (720) (3,000) (94) Unrestricted funds General £ 1,440 336 (720) 1,056 |
Restricted funds £ - - (3,105) - (3,105) Restricted funds £ - 452 - 452 |
Total funds at 31 December 2021 £ 1,940 1,686 (3,825) (3,000) |
| (3,199) | |||
| Total funds at 31 December 2020 £ (As restated) 1,440 788 (720) |
|||
| 1,508 |
Page 20