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2021-06-30-accounts

General Restricted2OZl General Restricted2OZl General Restricted2OZl General Restricted
2020
Note Fund Funds Total Fund Funds
Total
INCOMINGRESOURCES E !l g
From GeneratedFunds:
Voluntaryincome 2 35,251 1L3,985 150,236 t3,210 41,04254,252
lnvestmentincome 64,471 64,47t 31,691 -
31,691
From CharitableActivities 3 207,832 2O7,832 !20,995 -
120,995
Tota! lncomingResources 308,554 113,98s 422,539 165,896 4L,042205,938
RESOURCES EXPENDED
Costsof generatingfunds 2,446 2,406 7,L29 -
L,129
Charitableactivities 359,69684199 443,895 200,312 27,013227,325
362,102 84,199 446,3OL 201.,44L 27,013228,454
Surplus/(Deficit) onactivities (53,548)29,786 (?3,762't (3s,s4s)14,029(21,516)
Net gains/(losses) on investments 269,672 269,672 (6,837) (6,837)
NETINCOMINGRESOURCES 276,12429,786 245,91O (42,382)74,029
(28,3s3)
Transfers betweenfunds 39,8s0 (39,8s0) 27,3OO (27,300)
255,974 (10,054) 245,9L0 (1s,082) (13,2711(28,3s3)
TransferredfromLondon Seminary 2,A25,648 389,32L2,414,969
255,974 {10,064) z45,gto 2,070,566 376,0502,386,616
Fund balancesbrought forward 2,010,565 376,050 2,396,5L6
Fundbalances carriedforward 2,266,540 365,986 2,632,525 2,010,566 376,0502,386,616
GeneralRestricted GeneralRestricted 2021 General Restricted 2020
Note Fund Funds Total Fund Funds Total
!€ E €g
FIXEDASSETS
TangibleAssets 7 4374 4,37O 4,O7O 4,O7O
lnvestments 8 2,265,136 2,265,136 L,995,464 L,995,464
2,269,506 2,269,506 L,999,534 1,999,534
CURRENTASSETS
Sundrydebtors 1.o,972 to,972 2r,743 21,743
BankAccounts L49,442 164,549 313,991 \67,34L L29,991 297,332
AccountwithLondon Seminary 53,831 53,831 to7,89t 107,897
lnterfundAccount {201.,437) 2Ot,437 (246,059) 245,059
365,986378,794 s0,916 376,050426,966
CURRENT LIABILITIES
Sundry Creditors !5,174
-
15,774 39,884 39,884
15,774
-
15,774 39,884 39,884
NET CURRENTASSETS (2,966) 365,986 353,020 17,032 376,050387,O82
NETASSETS 2,266,540 355,986 2,632,526 2,OLO,565 376,050 2,386,616
FUNDS 72 2,266,540 365,986 2,632,525 2,010,566 376,050 2,386,616

General Restricted 2021 General Restricted zo20
2.Voluntary income Fund
g
Funds
L
Total
g
Fund
qE
Funds Total
q
Donationsfromallsources 36,25t 113,985 t,54,2_36 t3,zLo41,042 54,252
Legacyincome
36,251 113,985 150,236 13,21041,042 54,252
3.lncomingresourcesfromcharitable activities
Rent& relatedincome 45,696 45,696 20,824 20,824
Students. Conference & SeminarFees 15415s 155,165 96,811 96,811
SaleofBooks&Recordings 881 881 6s3 653
Otherincome 5,090 5,090 2,707 2,747
247,832 207,832 120,995 120,995

General Restricted 202t General Restricted 207:0
Fund Funds Total Fund Funds Total
I I E I Eg
4.Costsofgeneratingfunds
Marketing &Publicity 2,406 2,406 L,129 1,129
Exhibition&Conferencecosts
2,406 2,406 1,L29 1.,129
5.CharitableAstivities
Salaries(seenote6) 239,801 70,669 3t0,47O !18,723 26,347 145,070
SpeakersandothersFees 37,315 37,3t5 26,!t4 - 26,174
Travellingexpenses 1,050 1,050 t,7oo - 1,700
Meals 1,76L L,761 2,5s3 - 2,653
Library books&journals 3,551 3,551 423 - 423
Rent& Utilities 57,138 57,L38 40,932 - 40,932
lnsurance 3,401 3,4Ot L,76L - 1,761
Telephone&internet 1,659 1,559 843 - 843
Printing, Stationery&Equipment 2,81L 2,81L 1,319 - 1,319
ComputerCosts
StudentBenevolentFund&Bursaries
3,4-74 rs,5so 3,474
13,530
2,O22 -
666
2,022
666
Sundryexpenses 2,r72 2,112 tgt - 191
Subscriptions 150 - 150
Depreciation 2,640 2,AO 580 - 580
Legal&Professionalcosts 2,993 2,9_83 2,374 - 2,374
Boardtravellingexpenses 359,696 84,199 4/.3,895 527
200,372
-
27,073
527
227,325
6.Staffcosts
WagesandSalaries 218,61565,091 283,706 108,301 24,417 132,7t8
JRSreceipts (2,7OO) (2,7O01
Nationallnsura nce costs 17,5784,053 21,631 7,261 7,278 8,539
Pension &othercosts 6,308
1,525
7,833 3,L61 652 3,813
239,801 7O,669 3to,470 L18,723 26,347 145,O7O
The average numberofemployees(full-time equivalent)was9.Noemployee earnedf60,000 ormore.
7.Tangible Assets GeneralLibrary 2021 General Library ZO2O
EquipmentEouipment Total Equipment Equipment Total
Costbrought forward 95,635 t15,495 2ll,t3o 95,635L15,495 2tt,t3A
Additions 2,940 2,940
Costcarriedforward 98,575 115,495 2L4,O70 95,535115,495 217,t30
Depreciation brought forward 91,565 115,495 207,060 90,98s 115,495 206,480
Chargefor theperiod 2,640 2,640 580
-
580
Depreciation carried forwa rd 94,205 115,495 209,700 91,565175,495 207,060
NOTESTOTHEACCOUNTSFORTHE PERIOD ENDED30JUNE2021 PERIOD ENDED30JUNE2021 (continued)
7.Tangible Assets(continued GeneralLibrary
Z:OZL
General Library
EquipmentEquipmentTota! Equipment Equipment Total
Net bookvalue carriedforward 4,370
-
4,370 4,O70 4,070
Net book valuebroughtforward 4,47O 4,O70
8.FixedAssetlnvestments General Restricted 2021 General Restricted 2020
Fund Funds Total Fund Funds Total
E E E €! 4
CCLACOIFCharitvFund
Valuebrought forward L,995,464 t,995,464 2,o02,307 2,0o2,301
Net unrealisedgain/(loss) 269,672 269,672 (5,837) (6,837)
MarketValue30 June 2,255,136 2,265,136 1,995,464 1,995,464
9.Sundrydebtors
Feesandother debtors LO,9-72 LO,9_72 t9,2!7 ]-9,277
Prepayments 2,526 2,526
LO,972 LO,972 2L,743 27,743
10.Sundrycreditors
Creditors&accruals t5,774 L5,7_74 35,702 35,702
Other taxes&pensionliabilities 4,L82 4,182
15,774 15,774 39,884 39,884

Balance lncoming Outgoing Balance
Yearended 30105/21 BfiAL OT/2O Resources Resources Transfers
€! E 8€
PAPastoralFund 127,390 93,748 (47,742',) !73,396
PAEthics Fund 18,476 (22,9261 4,450
Dr Lloyd-JonesMemorialFund 3,347 (3,347)
Robert SheehanMemorialFund 5,396 (5,396)
Bursary (DeventerLegacy) Fund zzs,)gt 1o,325 (rs,5gr) (34,557l. 191,034
StudentBenevolentFund !,387 169 1,556
376,050113,985 (84,199) (39,8s0)36s,986
Transfer
fromLondon lncoming Outgoing Balance
Yearended30/06/20 Seminary
tE
Resources Resources
g
Transfers
EE
G/f
PAPastoralFund L46,329 (18,939) - 127,390
PAEthics Fund 25,884 (7,4_081 - 18,476
Dr Lloyd-JonesMemorialFund 2,595 (2,s8s)
Robert SheehanMemorialFund 3,205 (3,20s)
Bursary (DeventerLegacy) Fund 241,853 9,L21 {667) (21,510)228,797
StudentBenevolentFund 1,139 248 - 1,387
389,321. 47,O43 (27,O14) (27,30O)376,050