| Page | |||
|---|---|---|---|
| Trustees' | report | t -3 | |
| Statement | ofTrustees' | responsibilities | |
| Independent examiner's report |
|||
| Statement | offinancial | activities | |
| Statement | offinancial | position | |
| Notes to the financial statements |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2020 | |||
| Notes | 6 | 6 | ||
| Income from: | ||||
| Donations and |
legacies | 363,402 | 291,682 | |
| Charitable activities |
7,060 | |||
| Investments | 41 | |||
| Total income | 370,503 | 291,683 | ||
| ~EIN | ||||
| Charitable activities |
290,006 | 287,864 | ||
| Other | 10 | 2,198 | ||
| Total expenditure | 292,204 | 287,864 | ||
| Net income for the yearl | ||||
| Net movement | in funds | 78,299 | 3,819 | |
| Fund balances | at 1 January 2021 | 102,431 | 98,612 | |
| Fund balances | at 31 December 2021 | 180,730 | 102,431 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Notes | 6 | ||||
| Fixed assets | |||||
| Property, plant and equipment |
24,200 | 45,920 | |||
| Current assets | |||||
| Trade and other receivables | 12 | 49,803 | 95,979 | ||
| Cash at bank and in hand | 297,678 | 61,117 | |||
| 347,481 | 157,096 | ||||
| Current liabilities | 13 | (190,951) | (100,585) | ||
| Net current assets | 156,530 | 56,511 | |||
| Total assets less current liabilities | 180,730 | 102,431 | |||
| Income funds | |||||
| Unrestricted funds |
180,730 | 102,431 | |||
| 180,730 | 102,431 |
| Unrestricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2021 | 2020 | |||||
| 6 | ||||||
| Donations | and gifts | 363,402 | 291,682 | |||
| Donations | and gifts | |||||
| Donations | and Giffs | 186,603 | 152,610 | |||
| GIRAid recovered | 54,598 | 38,369 | ||||
| Special Offerings | 122,201 | 47,020 | ||||
| Support from. Kingdomcity | Global Limited | 53,683 | ||||
| 363,402 | 291,682 | |||||
| 4 | Charitable | activities | ||||
| 2020 | ||||||
| 2021 | ||||||
| 6 | ||||||
| Greenhouse | fees | 7,060 | ||||
| 5 | Investments | |||||
| Unrestricted | Unrestricted | |||||
| funds | funds | |||||
| 2021 | 2020 | |||||
| 6 | 5 | |||||
| Interest receivable | 41 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 6 | 6 | |||
| Stall costs | 31,286 | 31,286 | ||
| Depreciation and impairment |
15,632 | 18,574 | ||
| Church running expenses |
2,948 | 3,201 | ||
| Postage, printing and |
stationary | 220 | 201 | |
| Travel, subsistence and accomm |
odation | 4,370 | 2,136 | |
| Small equipment and |
repairs | 3,129 | 1,488 | |
| Licences and subscriptions | 830 | 552 | ||
| Vehicle maintenance | 163 | 3,336 | ||
| IT maintenance and general |
453 | 33 | ||
| Auditorium hire |
9,480 | 21,225 | ||
| Pastor's manse costs | 28,080 | 28,603 | ||
| Sunday service costs | 2,520 | 1,526 | ||
| Creative programmes | 1,597 | 95 | ||
| Guest ministry | 275 | |||
| MO mission support | 71,757 | 26,632 | ||
| Greenhouse expenses |
2,922 | |||
| Stall training and expenses |
253 | |||
| Leadership conference |
20 | |||
| 175,660 | 139,163 | |||
| Share ofsupport costs (see note | 7) | 111,382 | 142,777 | |
| Share ofgovernance | costs (see | note 7) | 2,964 | 5,924 |
| 290,006 | 287,864 |
| Support cos | ts | ||||||
|---|---|---|---|---|---|---|---|
| Support | Governance | Total | Support costs | Governance | Total | ||
| CostS | COS'ta | 2021 | costs | 2020 | |||
| f | f | f | E | E | |||
| Insurance | 2,011 | 2,011 | 1,544 | 1,544 | |||
| Gain/ loss on | foreign | ||||||
| exchange | 15 | 15 | |||||
| Rent | 6,149 | 6,149 | |||||
| Hub maintenance | 32,627 | 32,627 | 40,232 | 40,232 | |||
| Kingdomcity | Global dues | 22,829 | 22,829 | 18,074 | 18,074 | ||
| Administration | support | 7,200 | 7,200 | 7,200 | 7,200 | ||
| Bank charges | 318 | 318 | 347 | 347 | |||
| Online giving |
fees | 691 | 691 | 462 | 462 | ||
| Head office rental | 39,542 | 39,542 | 74,913 | 74,913 | |||
| Legal and professional | 924 | 924 | 3,884 | 3,884 | |||
| Accountancy | and | ||||||
| independent | examination | 2,040 | 2,040 | 2,040 | 2,040 | ||
| 111,382 | 2,964 | 114,346 | 142,777 | 5,924 | 148,701 | ||
| I sed between | |||||||
| Charitable activities |
111,382 | 2,964 | 114,346 | 142,777 | 5,924 | 148,701 |
| Employment costs |
2021 | 2020 |
|---|---|---|
| E | E | |
| Wages and salanes | 30,375 | 30,375 |
| Other pension costs | 911 | 911 |
| 31,286 | 31,286 |
| Unrestdicted | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| funds | ||||||||
| E | ||||||||
| 2021 | 2020 | |||||||
| Net | loss | on | disposal | oftangible | fixed | assets | 2,198 |
| Leasehold | AV | Service | IT | Motor | Total | |||
|---|---|---|---|---|---|---|---|---|
| improvements | equipment | equipment | equipment | vehicles | ||||
| E | E | E | E | E | ||||
| Cost | ||||||||
| At 1 January | 2021 | 14,767 | 10,399 | 36,077 | 4,179 | 11,687 | 77,109 | |
| Additions | 730 | 730 | ||||||
| Disposals | (11,687) | (11,687) | ||||||
| At 31 December 2021 | 14,767 | 10,399 | 36,807 | 4,179 | 66,152 | |||
| Depreciation | and | |||||||
| impairment | ||||||||
| At 1 January | 2021 | 4,013 | 4,805 | 14,399 | 3,103 | 4,870 | 31,190 | |
| Depreciation | charged | in | ||||||
| the year | 3,692 | 2,914 | 7,950 | 1,076 | 15,632 | |||
| Eliminated in |
respect of | |||||||
| disposals | (4,870) | (4,870) | ||||||
| At 31 December 2021 | 7,705 | 7,719 | 22,349 | 4,179 | 41,952 | |||
| Carrying amount |
||||||||
| At 31 December 2021 | 7,062 | 2,680 | 14,458 | 24,200 | ||||
| At 31 December 2020 | 10,754 | 5,594 | 21,679 | 1,076 | 6,817 | 45,920 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Amounts | falling due | within one year: | 8 | 6 | ||
| Rent deposit | 3,200 | 22,471 | ||||
| Prepayments | and accrued income | 46,603 | 73,508 | |||
| 49,803 | 95,979 | |||||
| 13 | Current | liabilities | ||||
| 2021 | 2020 | |||||
| 5 | 5 | |||||
| Other taxation | and social security | 447 | 448 | |||
| Other payables | 186,664 | 96,142 | ||||
| Accruals | and | deferred | income | 3,840 | 3,995 | |
| 190,951 | 100,585 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 6 | ||||
| Within | one | year | 39,542 |