| THE PENTECOSTAL CITY MISSION | THE PENTECOSTAL CITY MISSION | THE PENTECOSTAL CITY MISSION | THE PENTECOSTAL CITY MISSION | CH | RCH (WI | LLESD | EN) | ||
|---|---|---|---|---|---|---|---|---|---|
| STATEMENT OF FINANCIAL ACTIVITIES | |||||||||
| INCLUDING INCOME |
AND EXPENDITURE | ACC | UNT | ||||||
| FOR THEPERIOD ENDED 31MARCH 2021 | |||||||||
| 2021 | |||||||||
| Notes | |||||||||
| Incomln resources from |
enerated funds |
||||||||
| Donations and legacies |
36,849 | ||||||||
| Incoming resources from charitable |
activities | 101,603 | |||||||
| Total incoming resources R~dd |
138,452 | ||||||||
| Charitable activities |
|||||||||
| Direct Expenses | 19,6SS | ||||||||
| Donations | 1,172 | ||||||||
| Total charitable expenditure |
20,827 | ||||||||
| Governance costs |
93,253 | ||||||||
| Total resources expended | 114,080 | ||||||||
| Net Income for the year/ | |||||||||
| Net movement in funds |
24,372 | ||||||||
| Fund balances at 27 January | 2020 | ||||||||
| Fund balances at 31 March | 2021 | 24,372 | |||||||
| The statement offinancial |
activities | also complieswith | the req | irementsforan | income | and | expenditure | ||
| account under the Companies | Act 2005. |
| 2021 | |||||||
|---|---|---|---|---|---|---|---|
| Notes | 6 | ||||||
| Fixed Assets | |||||||
| Fixed asset investments | |||||||
| Current assets | |||||||
| Debtors | 72,363 | ||||||
| Cash at bank | and | in | hand | 2,008 | |||
| Total assets | less | current | liabilities | 74,371 | |||
| Creditors: amounts | faglng | due after more than one year | (50,000) | ||||
| Net assets | 24,372 | ||||||
| Income funds | |||||||
| Unrestricted | funds | 24,372 | |||||
| 24,372 |
| 3 | incoming | res | ources | from charitable activities |
|
|---|---|---|---|---|---|
| 2021 | |||||
| Covid Grants | 68,570 | ||||
| Hall hire | 33,033 | ||||
| 101,603 | |||||
| 4 | Total resources expended | ||||
| 2021 | |||||
| 6 | |||||
| Charitable | activities | ||||
| ~Oi E* |
|||||
| Activities | undertaken | directly | 10,655 | ||
| Donations | |||||
| Activities | undertaKen | directly | 1,172 | ||
| 20,827 | |||||
| Governance | costs | 93,253 | |||
| 114,080 |
| THE PENTECOSTAL CITY MISSION CHUR | THE PENTECOSTAL CITY MISSION CHUR | H ONI | LLESDE | N) |
|---|---|---|---|---|
| NOTES TOTHE ACCOUNTS (CONTINUED) | ||||
| FOR | THEPERIOD ENDED 31MARCH 2021 | |||
| 7 | Fixed asset investments | 2021f | ||
| Cost or valuation | ||||
| Additions/Disposals in the year |
||||
| Market Value as at 3ta March 2021 | ||||
| The investment is in City Mission Hub Ltd, a 100%owne |
operating | subsidiary | that runs a nursery. | |
| 8 | Debtors | 2021 | ||
| 6 | ||||
| Amounts owed by group undertakings |
72,363 | |||
| 72,363 | ||||
| 8 | Creditors: amounts falling due after mors than one year |
2021 | ||
| 6 | ||||
| Bank loans | 50,000 | |||
| Analysis of loans | ||||
| Wholly repayable within five years |
50,000 | |||
| 50,000 | ||||
| Loan maturity analysis Debt due in one year or less In more than one year but not more than two years ln more than two years but not more than five years In more than five years |
3,531 4,811 15,177 26,481 |
|||
| 50,000 |