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|||||31.8.21|31.8.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|£|£|£|£|
|INCOME AND ENDOWMENTS FROM||||||
|Donations and legacies|2|807,410|104,199|911,609|2,854,673|
|Other trading activities|3|684||684|10,488|
|Investment income|4|778||778|1,736|
|Total||808,872|104,199|913,071|2,866,897|
|**EXPENDITURE ON**||||||
|Charitable activities|5|||||
|Outreach and youth work||78,399|-|78,399|94,046|
|Pastoral and church activities||653,883|19,546|673,429|714,021|
|Overseas missions||24,962||24,962|57,808|
|Social action||35,532||35,532|27,620|
|Total||792,776|19,546|812,322|893,495|
|NET INCOME||16,096|84,653|100,749|1,973,402|
|Transfers between funds|17|(3,354)|3,354|||
|Net movement in funds||12,742|88,007|100,749|1,973,402|
|RECONCILIATION OF FUNDS||||||
|Total funds brought forward||1,921,313|52,089|1,973,402||
|TOTAL FUNDS CARRIED FORWARD||1,934,055|140,096|2,074,151|1,973,402|
##
##
|||||31.8.21|31.8.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|£|**£**|**£**|**£**|
|**FIXED ASSETS**||||||
|Tangible assets|12|1,449,618|-|1,449,618|1,480,708|
|**CURRENT ASSETS**||||||
|Debtors|13|31,251||31,251|20,299|
|Investments|14|85,075|-|85,075|85,118|
|Cash at bank||415,202|140,181|555,383|441,225|
|||531,528|140,181|671,709|546,642|
|**CREDITORS**||||||
|Amounts falling due within one year|15|(47,091)|(85)|(47,176)|(53,948)|
|**NET CURRENT ASSETS**||484,437|140,096|624,533|492,694|
|TOTAL ASSETS LESS CURRENT||||||
|LIABILITIES||1,934,055|140,096|2,074,151|1,973,402|
|NET ASSETS||1,934,055|140,096|2,074,151|1,973,402|
|FUNDS|17|||||
|Unrestricted funds||||1,934,055|1,921,313|
|Restricted funds||||140,096|52,089|
|TOTAL FUNDS||||2,074,151|1,973,402|
##
##
|||31.8.21|31.8.20|
|---|---|---|---|
||Notes|£|£|
|**Cash flows from operating activities**.||||
|Cash generated from operations|1|148,587|62,473|
|Net cash provided by operating activities||**148,587**|**.62,473**|
|**Cash flows from investing activities**||||
|Purchase of tangible fixed assets||(35,207)|(19,462)|
|Interest received||778|1,736|
|Net cash used in investing activities||(34,429)|(17,726)|
|**Cash flows from financing activities**||||
|Cash transferred in on merger||-|412,623|
|Net Assets from prior enitiy|||(16,145)|
|Net cash provided by financing activities||-|396,478|
|**Change in cash and cash equivalents**||||
|**in the reporting period**||114,158|441,225|
|**Cash and cash equivalents at the**||||
|**beginning of the reporting period**||441,225||
|**Cash and cash equivalents at the end**||||
|**of the reporting period**||555,383|441,225|
##
##
|1.|RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM|OPERATING ACTIVITIES|
|---|---|---|
|||31.8.21
31.8.20|
|||££|
||Net income for the reporting period (as per the Statement of||
||Financial Activities)|100,749
1,973,402|
||Adjustments for:||
||Depreciation charges|66,297
61,705|
||Interest received|(778)
(1,736)|
||Movement of current asset investments|43
(85,118)|
||Funds from The Kings Church High Wycombe|-
(1,919,429)|
||Increase in debtors|(10,952)
(20,299)|
||(Decrease)/increase in creditors|(6,772)
53,948|
||Net cash provided by operations|148,587
62,473|
|2.|ANALYSIS OF CHANGES IN NET**FUNDS**||
|---|---|---|
|||At 1.9.20
Cash flow
At 31.8.21|
|||£££|
||**Net cash**||
||Cash at bank|441,225
114,158
555,383|
|||441,225
114,158
555,383|
||Liquid resources||
||Deposits Included in cash||
||Current asset investments|85,118(43)
85,075|
|||85,118(43)
85,075|
||Total|526,343
114,115
640,458|
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|
follows:|||
|---|---|---|
||31.8.21|31.8.20|
||£|£|
|Wycombe Youth for Christ|3,600|3,600|
|Lighthouse|11000|-|
|Christians Against Poverty|9,000|9,000|
|Sir William Ramsay School|-|500|
|Wycliffe|10,800|10,800|
|Frontiers.|4,800|4,800|
|Youth Newday|-|10,000|
|Evangelical Alliance|700|650|
|Other||53|
|Love Wycombe||1,000|
|Nepal|3,900|24,821|
|One Can Trust|1,183|2,250|
|Central Aid||200|
|2417 International||200|
|Catalyst COVID relief||5,000|
|WYHOC|-|5,721|
|Catalyst festival|500||
||35,483|78,595|
##
##
||31.8.21|31.8.20|
|---|---|---|
||£|£|
|Depreciation - owned assets|66,297|61,705|
##
##
##
##
|**STAFF COSTS**|||
|---|---|---|
||2021|2020|
||£|£|
|Wages and salaries|439,121|435,954|
|Social security costs|37,459|29,650|
|Other pension costs|41,417|39,522|
||517,997|505,126|
|**Transactions with key management personnel**|||
||2021|2020|
||£|£|
|Total compensation of key management personnel|169,496|165,653|
|The average monthly number of employees during the year was as follows:|||
||20|19|
|No employees received emoluments in excess of £60,000.|||
##
|**12.**
TANGIBLE FIXED ASSETS||
|---|---|
||Fixtures|
||Freehold
and|
||property
fittings
Totals|
||£££|
|**COST**||
|At 1 September 2020|1,565,626
369,940
1,935,566|
|Additions|35,208
35,208|
|Disposals|(3,484)
(3,484)|
|At 31 August 2021|.1,565,626
401,664
1,967,290|
|DEPRECIATION||
|At 1 September 2020|177,438
277,420
454,858|
|Charge for year|31,312
34,985
66,297|
|Eliminated on disposal|(3,483)
(3,483)|
|At 31 August 2021|208,750
308,922
517,672|
|**NET BOOK VALUE**||
|At 31 August 2021|1,356,876
92,742
1,449,618|
|At 31 August 2020|1,388,188
92,520
1,480,708|
|**13,**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||
||31.8:21
.31.8.20|
|Trade debtors|341921|
|Tax|24,141
11,314|
|Prepayments and accrued income|6,769
8,064|
||31,251
20,299|
|**14.**
**CURRENT ASSET INVESTMENTS**||
||31.8.21
31.8.20|
||££|
|Short term cash deposits|85,075
85,118|
##
##
##
||31.8.21|31.8.20|
|---|---|---|
||£-|£|
|Trade creditors|9,264|19,321|
|Social security and other taxes|9,762|9,395|
|Other creditors|360|360|
|Accruals and deferred Income|27,790|24,872|
||47,176|53,948|
##
||31.8.21
31.8.20|
|---|---|
|Within one year|19,768|
|Between one and five years|11,532|
||31,300|
||2021
2020|
|---|---|
||£
£|
|Operating leases|•12,284|
##
|MOVEMENT IN FUNDS|||||
|---|---|---|---|---|
|||Net|Transfers||
|||movement|between|At|
||At 1.9.20|in funds|funds|31.8,21|
|Unrestricted funds|||||
|General fund|472,825|(33,949)|(3,354)|435,522|
|King's Centre|1,388,188|(31,312)|-|1,356,876|
|Azalea|29,869|54,410|-|84,279|
|Vision|30,431|26,947|-|57,378|
||1,921,313|16,096|(3,354)|1,934,055|
|**Restricted funds**|||||
|Assistance|4,032|-|(4,032)||
|Nepal fund|27,012|63,861|3,354|94,227|
|HW Debt relief|9,719|(776)|-|8,943|
|Hope fund|11,326|21,568|4,032|36,926|
||52,089|84,653|3,354|140,096|
|TOTAL FUNDS|1,973,402|100,749||2,074,151|
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|In funds|
|Unrestricted funds||||
|General fund|687,391|(721,340)|(33,949)|
|King's Centre
Azalea|-
81,288|(31,312)
(26,878)|(31,312)
54,410|
|Vision|40,193|(13,246)|26,947|
||808,872|(792,776)|16,096|
|**Restricted funds**||||
|Nepal fund
HW Debt relief|63,861
10,375|-
(11,151)|63,861
(776)|
|Hope fund|29,963|(8,395)|21,568|
||104,199|(19,546)|84,653|
|TOTAL**FUNDS**|913,071|(812,322)|100,749|
##
##
|**Comparatives for movement In funds**||||
|---|---|---|---|
||Net|Transfers||
||movement|between|At|
||in funds|funds|31.8.20|
|Unrestricted funds||||
|General fund|503,990|(31.,165)|472,825|
|King's Centre|1,388,188|-|1,388,188|
|Azalea|19,869|10,000|29,869|
|Vision|9,266|21,165|30,431|
||1,921,313||1,921,313|
|**Restricted funds**||||
|Assistance|4,032||4,032|
|Nepal fund|27,012||27,012|
|HW Debt relief|9,719||9,719|
|Hope fund|11,326||11,326|
||52,089||52.089|
|**TOTALFUNDS**|1,973,402|-|1,973,402|
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|Unrestricted funds||||
|.General fund|1,303,495|(799,505)|503,990|
|King's Centre|1,419,500|(31,312)|1,388,188|
|Azalea|36,262|(16,393)|19,869|
|Vision|12,043|(2,777)|9,266|
||2,771,300|(849,987)|1,921,313|
|Restricted funds||||
|Assistance|16,264|(12,232)|4,032|
|Nepal fund|51,598|(24,586)|27,012|
|HW Debt relief|13,420|(3,701)|9,719|
|Hope fund|14,315|(2,989)|11,326|
||95,597|(43,508)|52,089|
|TOTAL**FUNDS**|2,866,897|(893,495)|1,973,402|
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