| Reference and Administrative Details |
Reference and Administrative Details |
|
|---|---|---|
| Trustees' Report | 2to 5 | |
| Statement ofTrustees' | Responsibilities | |
| Independent Examiner's Report |
||
| Statement ofFinancial | Activities | |
| Balance Sheet | ||
| Notes to the Financial | Statements | 10to 19 |
| Detailed Statement of | Financial Activities | 20 to 22 |
| Total | ||||
|---|---|---|---|---|
| Unrestricted | 31December | |||
| funds | 2020 | |||
| Note | ||||
| Income and Endowments | from: | |||
| Donations and legacies |
947,183 | 947,183 | ||
| Charitable activities |
5,361 | 5,361 | ||
| Total income | 952,544 | 952,544 | ||
| Expenditure on: |
||||
| Charitable activities |
(286,410) | (286,410) | ||
| Total expenditure | (286,410) | (286,410) | ||
| Net income | 666,134 | 666,134 | ||
| Reconciliation offunds |
||||
| Total funds carried forward | 15 | 666,134 | 666,134 | |
| Total | ||||
| 31December | ||||
| 2019 | ||||
| Note | ||||
| Income and Endowments | from: | |||
| Expenditure on: |
||||
| Net income/(expenditure) | ||||
| Reconciliation offunds |
||||
| Total funds carried forward | 15 |
| Balance Sheet as at 31Decem | ber 2020 | |||
|---|---|---|---|---|
| 31December | ||||
| 2020 | ||||
| Note | ||||
| Fixed assets | ||||
| Tangible assets | 12 | 29,801 | ||
| Current assets |
||||
| Debtors | 13 | 16,124 | ||
| Cash at bank | and in hand | 632,905 | ||
| 649,029 | ||||
| Creditors: Amounts | falling due within one year | 14 | (12,696) | |
| Net current | assets | 636,333 | ||
| Net assets | 666,134 | |||
| Funds ofthe | charity: | |||
| Unrestricted | income | funds | ||
| Unrestricted | funds | 666,134 | ||
| Total funds | 15 | 666,134 |
| Unrestricted | funds | |||||
|---|---|---|---|---|---|---|
| Total | ||||||
| 31December | ||||||
| Designated | General | 2020 | ||||
| Donations and legacies; |
||||||
| Donations | from | companies, | trusts and similar proceeds | 585,600 | 57,884 | 643,484 |
| Donations | from | individuals | 190 | 295,283 | 295,473 | |
| Grants, including | capital grants; | |||||
| Government | grants | 8,226 | 8,226 | |||
| 585,790 | 361,393 | 947,183 |
| Unrestricted | |||||||
|---|---|---|---|---|---|---|---|
| funds | |||||||
| Total | |||||||
| 31December | |||||||
| General | 2020 | ||||||
| Missions | 557 | 557 | |||||
| Other | generated | income | 4,804 | 4,804 | |||
| 5,361 | 5,361 | ||||||
| Expenditure | on | charitable | activities | ||||
| Activity | Total | ||||||
| undertaken | Activity | 31December | |||||
| directly | support costs | 2020 | |||||
| f. | |||||||
| ysical | and spiri | tual | needs | 181,626 | 104,784 | 286,410 |
| Expenditure on activi |
ti | es u | ndertaken | directly | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||
| funds | |||||||
| Total | |||||||
| 31December | |||||||
| General | 2020 | ||||||
| Other grants to RCCG | 1,350 | 1,350 | |||||
| Wages and salaries | 87,781 | 87,781 | |||||
| Social security | 6,395 | 6,395 | |||||
| Pensions | 1,861 | 1,861 | |||||
| Training, books, conferences | and seminars | (142) | (142) | ||||
| Welfare expenses | 2,638 | 2,638 | |||||
| Honorarium | 5,699 | 5,699 | |||||
| Technical department | expenses | 138 | 138 | ||||
| Junior church expenses | 900 | 900 | |||||
| Music and choir expenses | 10,824 | 10,824 | |||||
| Word and sound | 174 | 174 | |||||
| Protocol | 23 | 23 | |||||
| Teen church expenses | 4,449 | 4,449 | |||||
| RCCG world evangelism | mission | 55,045 | 55,045 | ||||
| Advertising | 1,444 | 1,444 | |||||
| Travelling | 3,047 | 3,047 | |||||
| 181,626 | 181,626 | ||||||
| Support costs allocated | to charitable | activities | |||||
| Premises costs | Total | ||||||
| Governance | Administration | including | 31December | ||||
| costs | Finance costs | costs | depreciation | 2020 | |||
| Independent | |||||||
| examiner's fee |
1,878 | 1,878 | |||||
| Other governance | |||||||
| related costs | 2,418 | 2,418 | |||||
| Bookkeeping | |||||||
| services | 1,500 | 1,500 | |||||
| Wages | 12,343 | 12,343 | |||||
| Social security | 499 | 499 | |||||
| Pensions | 184 | 184 | |||||
| Telephone | 2,711 | 2,711 | |||||
| Postage and | |||||||
| stationery | 819 | 819 | |||||
| General expenses | 7,821 | 7,821 |
| Notes to t | he Fi | nan | cial St | atem | ents for |
the Year Ended | 31December | 2020 |
|---|---|---|---|---|---|---|---|---|
| Premises costs | Total | |||||||
| Governance | Administration | including | 31December | |||||
| costs | Finance costs | costs | depreciation | 2020 | ||||
| Bank charges | 3,727 | 3,727 | ||||||
| Rent | 62,291 | 62,291 | ||||||
| Utilities | 2,239 | 2,239 | ||||||
| Insurance | 901 | 901 | ||||||
| Depreciation of | ||||||||
| fixed assets | 5,453 | 5,453 | ||||||
| 5,796 | 3,727 | 24,377 | 70,884 | 104,784 | ||||
| 7 Net incoming/outgoing |
resources | |||||||
| Net incoming/outgoing | resources | for the | year | include: | ||||
| 31December | ||||||||
| 2020 | ||||||||
| Operating leases - other assets |
62,291 | |||||||
| Depreciation offixed assets | 5,453 |
| 9 Staff costs The aggregate payroll costs were as follows: |
|
|---|---|
| 2020 | |
| Staff costs during the year were: | |
| Wages and salaries | 100,123 |
| Social security costs | 6,894 |
| Pension costs | 2,045 |
| 109,062 |
| Year ended 31 | |||
|---|---|---|---|
| December | |||
| 2020 | |||
| Other fees to examiners | |||
| Examination-related | assurance | services | 1,878 |
| 12 Tangible fixed assets | ||
|---|---|---|
| Furniture and |
||
| equipment | Total | |
| Cost | ||
| Additions | 35,254 | 35,254 |
| At 31 December 2020 | 35,254 | 35,254 |
| Depreciation | ||
| Charge for the year | 5,453 | 5,453 |
| At 31December 2020 | 5,453 | 5,453 |
| Net book value | ||
| At 31December 2020 | 29,801 | 29,801 |
| 13 Debtors | |
|---|---|
| 31December | |
| 2020 | |
| Prepayments | 14,511 |
| Other debtors | 1,613 |
| 16,124 |
| 14 Creditors: amounts falling due within one year |
|
|---|---|
| 31December | |
| 2020 | |
| Trade creditors | 22 |
| Other taxation and social security | 508 |
| Other creditors | 11,007 |
| Accruals | 1,159 |
| 12,696 |
| 15 Funds | ||||
|---|---|---|---|---|
| Balance at31 | ||||
| Incoming | Resources | December | ||
| resources | expended | 2020 | ||
| Unrestricted | funds | |||
| General | 366,754 | (286,410) | 80,344 | |
| Designated | 585,790 | 585,790 | ||
| Total funds | 952,544 | (286,410) | 666,134 |
| 16 Analysis ofnet assets between funds | |||
|---|---|---|---|
| Unrestricted | funds | ||
| General | Designated | Total funds | |
| Tangible fixed assets | 29,801 | 29,801 | |
| Current assets | 63,240 | 585,789 | 649,029 |
| Current liabilities | 12,696) | ||
| Total net assets | 80,345 | 585,789 | 666,134 |
| Categoris | ation off |
inancial | instruments | ||||
|---|---|---|---|---|---|---|---|
| 31December | |||||||
| 2020 | |||||||
| Financial | assets that | are debt | instruments | measured | at amortised | cost | 1,613 |
| Financial | liabilities | measured | at amortised | cost | 11,027 |
| 31December | ||||||||
|---|---|---|---|---|---|---|---|---|
| 31December | 2020 | 2020 | ||||||
| Unrestricted | funds | |||||||
| Total | ||||||||
| 22 May 2019 | ||||||||
| to 31 | ||||||||
| December | ||||||||
| Designated | General | Total | 2019 | |||||
| Income and Endowments | from: | |||||||
| Donations | and | legacies (analysed | ||||||
| below) | 585,790 | 361,393 | 947,183 | |||||
| Charitable | activities (analysed | below) | 5,361 | 5,361 | ||||
| Total income | 585,790 | 366,754 | 952,544 | |||||
| Expenditure | on: | |||||||
| Charitable | activities (analysed | below) | (286,410) | (286,410) | ||||
| Total expenditure | (286,410) | (286,410 | ||||||
| Net income | 585,790 | 80,344 | 666,134 | |||||
| Reconciliation | offunds | |||||||
| Total funds | carried forward | 585,790 | 80,344 | 666,134 |
| Det | ai | led | Statement of | Financ | ial Activities for | the Year E | nded 31Decem | ber 2020 |
|---|---|---|---|---|---|---|---|---|
| 31December | ||||||||
| 31December | 2020 | 2020 | ||||||
| Unrestricted | funds | |||||||
| Total | ||||||||
| 22 May 2019 | ||||||||
| to 31 | ||||||||
| December | ||||||||
| Designated | General | Total | 2019 | |||||
| Donations | and | legacies | ||||||
| Building | donations | 190 | 190 | |||||
| Donations | 295,283 | 295,283 | ||||||
| Assets donated | f'rom predecessor | trust | ||||||
| charity | 585,600 | 585,600 | ||||||
| Assets donated | &om predecessor | trust | ||||||
| charity | 57,884 | 57,884 | ||||||
| UK Government | grants | 8,226 | 8,226 | |||||
| 585,790 | 361,393 | 947,183 | ||||||
| 31December | 31December | |||||||
| 2020 | 2020 | |||||||
| Unrestricted | ||||||||
| funds | ||||||||
| Total | ||||||||
| 22 May 2019 | ||||||||
| to 31 | ||||||||
| December | ||||||||
| General | Total | 2019 | ||||||
| Charitable | activities | |||||||
| Other | 5,361 | 5,361 | ||||||
| 5,361 | 5,361 | |||||||
| 31December | 31December | |||||||
| 2020 | 2020 | |||||||
| Unrestricted | ||||||||
| funds | ||||||||
| Total | ||||||||
| 22 May 2019 | ||||||||
| to 31 | ||||||||
| December | ||||||||
| General | Total | 2019 | ||||||
| Charitable | activities |
| 31December | 31December | |||||||
|---|---|---|---|---|---|---|---|---|
| 2020 | 2020 | |||||||
| Unrestricted | ||||||||
| funds | ||||||||
| Total | ||||||||
| 22 May 2019 | ||||||||
| to 31 | ||||||||
| December | ||||||||
| General | Total | 2019 | ||||||
| Other grants | to RCCG | 1,350 | 1,350 | |||||
| Wages and salaries | 100,123 | 100,123 | ||||||
| StaffNIC (Employers) | 6,894 | 6,894 | ||||||
| Staff pensions | (Defined | contribution) | 2,045 | 2,045 | ||||
| Training, books, conferences | and seminars | (142) | (142) | |||||
| Welfare expenses | 2,638 | 2,638 | ||||||
| Travelling | 3,047 | 3,047 | ||||||
| Honorarium | 5,699 | 5,699 | ||||||
| Rent | 62,291 | 62,291 | ||||||
| Light, heat and power | 2,239 | 2,239 | ||||||
| Insurance | 901 | 901 | ||||||
| Telephone and fax |
2,711 | 2,711 | ||||||
| Technical department | expenses | 138 | 138 | |||||
| Printing, postage and stationery |
818 | 818 | ||||||
| Junior church | expenses | 900 | 900 | |||||
| Music and choir expenses | 10,824 | 10,824 | ||||||
| Word and sound | 174 | 174 | ||||||
| Protocol | 23 | 23 | ||||||
| General expenses | 7,822 | 7,822 | ||||||
| Teen church | expenses | 4,449 | 4,449 | |||||
| RCCG world | evangelism | mission | 55,045 | 55,045 | ||||
| Advertising | 1,444 | 1,444 | ||||||
| Bank charges | 3,727 | 3,727 | ||||||
| Depreciation | ofplant and | machinery | 3,338 | 3,338 | ||||
| Depreciation | offixtures | and | fittings | 2,116 | 2,116 | |||
| Other governance related |
costs | 2,418 | 2,418 | |||||
| Bookkeeping | services | 1,500 | 1,500 | |||||
| Independent examiner's |
fee | 1,878 | 1,878 | |||||
| 286,410 | 286,410 |