2020-12-31-accounts - Merland Rise Church

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		Page
Report ofthe Trustees		1 to	4
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet		7 to	8
Notes to the Financial Statements		9 to	22

regular public worship, prayer, Bible study, preaching and teaching and	Believers	baptism;
the Communion ofthe Lord's Supper, which shall normally be observed	at least once a month;
evangelism and mission, whether locally, regionally, nationally or internationally;
promotion offamily life, diversity, strong and supportive personal and	community	relationships;
the nurture and growth ofChristian disciples, including the imperative	ofserving	others selflessly,		giving
oftheir time and financial resources;
encouraging pastoral care, with a particular focus on the elderly and vulnerable,		supporting and
encouraging chantable and community causes both locally and abroad;
supporting provision and access tothose with disabilities, with a particular focus		on the deaf and
deaf/blind community;
counselling and support to those experiencing relationship difficulties,	financial support to the
economically disadvantaged including a Food Bank and debt counselling	service,	employment	advice
including resolving conflicts and enhancing the employability ofthose seeking work;
practical support, including the provision offurniture, white goods and	emergency cash to those
experiencing financial hardship as a result oftheir immigration status, long-term		ill health,
unemployment or similar;
services to children and young people including life skills, training and social and		recreational facilities;
maintaining our long established collaborative working with Epsom Downs Primary School and			Children' s
Centre;
use of our premises by various charities, community groups and public	bodies which share our		priorities.

					Period 1/4/20	Period 1/1/19
					to 31/12/20	to 31/3/20
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
INCOME AND ENDOWMENTS	FROM
Donations and legacies			123,162	17,555	140,717	211,285
Charitable activities
Use of halls			542		542	8,572
Investment income			34		34	129
Other income			9,726		9,726	922
Total			133,464	17,555	151,019	220,908
EXPENDITURE ON
Charitable activities
Staff costs and related expenditure			70,241		70,241	137,158
Housing expenses			65		65	151
Church expenses			12,484		12,484	28,651
Printing, publicity and outreach			782		782	3,761
Departments			377		377	728
Donations and giving			14,986	10,895	25,$81	38,148
Administration and other expenses			11,086	30,807	41,893	82,628
Total			110,021	41,702	151,723	291,225
NET INCOME/(EXPENDITURE)			23,443	(24,147)	(704)	(70,317)
Transfers between funds		17	(1,750)	1,750
Net movement in funds			21,693	(22,397)	(704)	(70,317)
RECONCILIATION OF FUNDS
Total funds brought forward			24$846	1893029	2p141p875	2 212 192
TOTAL FUNDS CARRIED FORWARD			270,539	1,870,632	2,141,171	2,141,875

					Period 1/4/20	Period 1/1/19
					to 31/12/20	to 31/3/20
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes			E	f
FIXEDASSETS
Tangible assets		11	423,585	1,854,193	2I277I778	2,307,894
Investment		12	100		100	100
			423,685	1,854,193	2,277,878	2,307,994
CURRENT ASSETS
Debtors: amounts	falling due within one year	13	23,924		23,924	21,837
Cash at bank and	in hand		57,119	16,439	73,558	79,682
			81,043	16,439	97,482	101,519
CREDITORS
Amounts falling due within one year		14	(34,189)		(34,189)	(67,638)
NET CURRENT ASSETS			46,853	16,439	63,293	33,881
TOTAL ASSETS LESSCURRENT LIABILITIES			470,539	1,870,632	2,341,171	2,341,875
CREDITORS
Amounts falling due after more than one year		15	(200,000)		(200,000)	(200,000)
NET ASSETS			270,539	1,870,632	2,141,171	2,141,875

FUNDS
Unrestricted funds:
General fund				12,119	(10,124)
Manse fund				220,934	220,934
General Reserve	Fund			15p000	15,000
General Repairs	and Maintenance		Fund	22,486	23,036
				270,539	248,846
Restricted funds:
Building Fund				1,854,193	1,885,000
Emergency Fund				7,819	4,396
Men's Ministry	Fund			3,507	1,757
Women's Ministry		Fund		3,626	1,876
Otherfund				1,487
				1,870,632	1,893,029
TOTALFUNDS				2,141,171	2,141,875

					Period 1/4/20
					to31/12/20
			Unrestricted	Restricted	Total
			funds	funds	funds
			6	E	E
Freewill offerings			86,614		86,614
Donations			8,285	15,970	24,255
Legacies			8,229		8,229
Gift aid			19,948	1,585	21,533
Commission	receivable		86		86
			123,162	17,555	140,717
					Period 1/1/19
					to 31/03/20
			Unrestricted	Restricted	Total
			funds	funds	funds
			f	f	f
Freewill offerings			135,314		135,314
Donations			27,771	12,691	40,462
Gift aid			32,899	2,366	35,265
Sales offorex	&commission	receivable	244		244
			196,228	15,057	211,285

CHARITABLE A	CTI	VITIES COSTS(continue	d)
			Direct Costs f	Grant funding ofactivities (see note 7) f	Support costs (see note 8) f	Period to	1/1/19 30/3/20 Totals f
Staff costs and	related expenditure		137,158			137,158
Housing expenses			151				151
Church expenses			28,651				28,651
Printing, publicity		and outreach	3,761				3,761
Departments			728				728
Donations and	giving			38,148			38,148
Administration	and other expenses		73,400		9,228		82,628
			243,849	38,148	9,22$	291,225

Governance	costs
			Period 1/4/20	Period 1/1/19
			to 31/12/20	to 31/3/20
			f	f
Independent	Examiner's fees		274	718
Legal and professional		fees	6,471	8,510
			6,745	9,228

					Period 1/4/20	Period 1/1/19	Period 1/1/19
					to 31/12/20f	to	31/3/20 f
Trustees'	salaries				41,993		83,586
Trustees'	social security				951		5,895
Trustees'	pension	contributions	to money purchase	schemes	4,383		8,656
					47,327		98,137
Trustees'	expenses
					Period 1/4/20	Period 1/1/19
					to 31/12/20		to 31/3/20
					f		f
Trustees'	expenses				397		1,185

		Period 1/4/20	Period 1/1/19
		to 31/12/20	to 31/3/20
		E	E
Wages	and salaries	63,540	117,801
Social	security costs	1,748	6,811
Other	pension costs	5,271	10,181
		70,559	134,793

Period 1/4/20	Period 1/1/19
to 31/12/20	to 31/3/20

Pastoral
Administration	and	support

TANGIBLE FIXEDASSETS
	Freehold	Fixtures and
	property f	fittings E	Totals E
COST
At 1April 2020	2,479,122	42,862	2,521,984
Additions		1,892	1,892
Disposals		(630)	(630)
At 31December 2020	2,479,122	44,124	2,523,246
DEPRECIATION
At 1April 2020	173,188	40,902	214,090
Charge for period	30,807	1,122	31,929
Disposals		(551)	(551)
At 31December 2020	203,995	41,473	245,468
NET BOOK VALUE
At 31December 2020	2,275,128	2,651	2,277,778
At 31March 2020	2,305,934	1,960	2,307,894

FIXEDASSET INVESTMENT
	Shares in	group
	undertakings f
COST
At 1April 2020		100
At 31December 2020		100
NET BOOK VALUE
At 31December 2020		100
At 31March 2020		100

				Period 1/4/20	Period 1/1/19
				To31/12/20	to 31/3/20
				6	f
Trade debtors				480	695
Other debtors				504
Merland	Rise	Church Trading	Limited	9,189	8,896
Tax				6,466	9,619
Prepayments		and accrued income		7,285	2,627
				23,924	21,837

14.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
				Period 1/4/20	Period 1/1/19
				to 31/12/20	to 31/03/20
				E	f
	Trade creditors			1,509	682
	Social security and other taxes			1,307
	Other creditors			6,686	49,135
	Accrued expenses			24,687	17,821
				34,189	67,638
15.	CREDITORS: AMOUNTS	FALLING DUE AFTER MORE THAN ONE YEAR
				Period 1/4/20	Period 1/1/19
				To31/12/20	to 31/03/20
				6	f
	Other loans (see note 16)			200,000	200,000
16.	LOANS
	An analysis ofthe maturity		of loans is given below:
	Amounts falling due in more than one year:
	Repayable otherwise than		by instalments:
	Unsecured loans			200,000	200,000

MOVEMENT IN	FU	ND	S
						Net	Transfers
						movement	between	At
					At 1/4/20	in funds	funds	31/12/20
					f	E	f	f
Unrestricted funds
General fund					(10,124)	23,993	(1,750)	12,119
Manse fund					220,934			220,934
General Reserve	Fund				15,000			15,000
General Repairs	and Maintenance			Fund	23,036	(550)		22,486
					248,846	23,443	(1,750)	270,539
Restricted funds
Building Fund					1,885,000	(30,807)		1,854,193
Emergency Fund					4,396	3,423		7,819
Men's Ministry	Fund				1,757	1,750		3,507
Women's Ministry		Fund			1,876		1,750	3,626
Other Fund (destined			giving)			1p487		1,487
					1,893,029	(24,147)	1,750	1,870,632
TOTAL FUNDS					2,141,875	(704)		2,141,171

				Incoming	Resources	Movement
				resources f	expended f	in funds f
Unrestricted funds
General fund				133,464	(109,471)	23,993
Repairs and maintenance			Fund		(550)	(550)
Restricted funds
Building Fund					(30,807)	(30,807)
Emergency Fund				3,750	(327)	3,423
Other Charitable	Giving		Fund	11,055	(9,568)	1,487
Men's Ministry Fund				1,750		1,750
Women's Ministry	Fund
Trustees Discretionary		Fund		1,000	(1,000)
				17,555	(41,702)	(24,146)
TOTALFUNDS				151,019	(151,723)	(704)

Compar	atives f	or	movement in fu	nds
						Net	Transfers
						movement	between	At
					AL 1/1/19	in funds	funds	31/3/20
					E	E	E	E
Unrestricted funds
General	fund				2,621	(10,995)	(1,750)	(10,124)
Manse	fund				220,934			220,934
General	Reserve	Fund			15,000			15,000
General	Repairs	and Maintenance		Fund	23,036			23,036
					261,591	(10,995)	(1,750)	248,846
Restricted funds
Building	Fund				1,945,933	(60,933)		1,885,000
Emergency Fund					4,668	(272)		4,396
Men's Ministry		Fund				1,757		1,757
Women's Ministry			Fund			126	1,750	1,876
					1,950,601	(59,322)	1,750	1,893,029
TOTAL	FUNDS				2,212,192	(70,317)		2,141,875

			Incoming	Resources	Movement
			resources	expended	in funds
			E	E	E
Unrestricted funds
General fund			205,835	(216,830)	(10,995)
Restricted funds
Building Fund				(60,933)	(60,933)
Emergency Fund			296	(568)	(272)
Other Charitable		Giving Fund	12,894	(12,894)
Men's Ministry	Fund		1,757		1,757
Women's Ministry		Fund	126		126
			15,073	(74,395)	(59,322)
TOTALFUNDS			220,908	(291,225)	(70,317)