2021-12-31-accounts - Merland Rise Church

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page
Report ofthe Trustees	1	to	4
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	7	to	8
Notes tothe Financial Statements	9	to	22
Detailed Statement ofFinancial Activities	23	to	24

						Year ended	Period 1/4/20
						31/12/21	to 31/12/20
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	f
INCOME AND ENDOWMENTS		FROM
Donations and legacies			2	150,223	18,849	169,072	140,717
Charitable activities
Use of halls				5,583		5,583	542
Investment income				10		10	34
Other income				3,5$6		3,5$6	9,726
Total				159,402	18,849	178,251	151,019
EXPENDITURE ON
Charitable activities
Staff costs and related expenditure				72,062		72,062	70,241
Housing expenses				119		119	65
Church expenses				21,827		21,827	12,484
Printing, publicity and outreach				2,452		2,452	782
Departments				726		726	377
Donations and giving				19,098	12,154	31,252	25,881
Administration and	other expenses			8,474	41,164	49,638	41,893
Total				124,758	53,318	178,076	151,723
NET INCOME/(EXPENDITURE)				34,644	(34,469)	175	(704)
Transfers between	funds		17	(1,750)	1,750
Net movement in funds				32,894	(32,719)	175	(704)
RECONCILIATION OF FUNDS
Total funds brought	forward			270,539	1,870,632	2,141,171	2,141,875
TOTAL FUNDS CARRIED FORWARD				303,433	1,837,913	2,141,346	2,141,171

					Year ended	Period 1/4/20
					31/12/21	to 31/12/20
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	E
FIXEDASSETS
Tangible assets		11	426,084	1,813,029	2,239,113	2,277,778
Investment		12	100		100	100
			426,184	1,813,029	2,239,213	2,277,878
CURRENT ASSETS
Debtors: amounts	falling due within one year	13	22,141		22,141	23,924
Cash at bank and	in hand		88,864.	24,884	113,748	73,558
			111,005	24,884	135,889	97,482
CREDITORS
Amounts falling due within one year		14	(33,756)		(33,756)	(34,189)
NET CURRENT ASSETS			77,249	24,884	102,133	63,293
TOTAL ASSETSLESSCURRENT LIABILITIES			503,433	1,&37,913	2,341,346	2,341,171
CREDITORS
Amounts falling due after more than one year		15	(200,000)		(200,000)	(200,000)
NET ASSETS			~43,433	1,337,313	2,141,343	2,141,171

FUNDS
Unrestricted funds:
General fund				33,013	12,119
Manse fund				220,934	220,934
General Reserve Fund				15,000	15,000
General Repairs	and Maintenance		Fund	34~6	22,486
				303,433	270,539
Restricted funds:
Building Fund				1,813,029	1,854,193
Emergency Fund				11,617	7,819
Men's Ministry	Fund			5,090	3,507
Women's Ministry		Fund		5,376	3,626
Youth Ministry	Fund			1,228
Other fund				1,573	1,487
				1,837J13	1,870,632
TOTALFUNOS				2,141,346	2,141,171

				Year ended
				31/12/21
		Unrestricted	Restricted	Total
		funds	funds	funds
		E	6	E
Freewill offerings		122,414		122,414
Donations		5,250	18,198	23,448
Gift aid		22,428	651	23,079
Commission	receivable	131		131
		150,223	18,849	169,072
				Period 1/4/20
				to 31/12/20
		Unrestricted	Restricted	Total
		funds	funds	funds
		E	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

					Year ended
					31/12/21
			Unrestricted	Restricted	Total
			funds	funds	funds
			f	f	f.
Other income			462		462
Government	grants		3 124		3124
			3,586		3,586
					Period 1/4/20
					to31/12/20
			Unrestricted	Restricted	Total
			funds	funds	funds
			f	f	f
Other income			6		6
Government	grants		9,720		9,720
			9,726		9,726
CHARITABLE	ACTIVITIES COSTS
		Direct Costs f	Grant funding of activities (see note 7) f	Support costs (see note 8)	Year ended 31/12/21 Totals f
Staff costs and related expenditure		72,062			72,062
Housing expenses		119			119
Church expenses		21,827			21,827
Printing, publicity and outreach		2,452			2,452
Departments		726			726
Donations and giving		19,098	12,154		31,252
Administration	and other expenses	47,102		2,536	49,638
		163,386	12,154	2,536	178,076

CHARITABLE A	CTI	VITIES COSTS(continue	d)
			Direct Costs f	Grant funding ofactivities (see note 7) f	Support costs (see note 8)	Period 1/4/20 to31/12/20 Totals f
Staff costs and	related expenditure		70,241			70,241
Housing expenses			65			65
Church expenses			12,484			12,484
Printing, publicity		and outreach	782			782
Departments			377			377
Donations and	giving			25,881		25,881
Administration	and other expenses		35,148		6,745	41,893
			119,097	25,881	6,745	151,723

					Year ended
					31/12/21
			Unrestricted	Restricted	Total
			funds	funds	funds
			f	f	f
Evangelical	Alliance		165		165
FIEC			3,252		3,252
Tithes			15,581		15,582
Other charitable		giving	100	12,154	12,254
			19,098	12,154	31,252
					Period 1/4/20
					to 31/12/20
			Unrestricted	Restricted	Total
			funds	funds	funds
			f	f	f
Evangelical	Alliance		124		124
FIEC			2,488		2,488
Tithes			12,374		12,374
Other charitable		giving		10,895	10,895
			14,986	10,895	25,881

Governance	costs
			Year ended	Period 1/4/20
			31/12/21f	to 31/12/20 f
Independent	Examiner's fees		300	274
Legal and professional		fees	2,236	6,471
			2,536	6,745

			Year ended	Period 1/4/20
			31/12/21f	to31/12/20f
Trustees'	salaries		39,796	41,993
Trustees'	social security		1,083	951
Trustees'	pension contributions	to money purchase schemes	4,218	4,383
			45,097	47,327
Trustees'	expenses
			Year ended	Period 1/4/20
			31/12/21	to 31/12/20
			f	f
Trustees'	expenses		679	397

		Year ended	Period 1/4/20
		31/12/21	to 31/12/20
		f	f
Wages	and salaries	63,620	63,540
Social	security costs	1,471	1,748
Other	pension costs	6,453	5,271
		71,544	70,559

			Year ended	Period 1/4/20
			31/12/21	to 31/12/20
Pastoral			1	2
Administration	and	support	6	4

TANGIBLE FIXED ASSETS
	Freehold	Fixtures and
	properties f	fittings f	Totals f
COST
At 1January 2021	2,479,122	44,124	2,523,246
Additions		4,839	4,839
At 31December 2021	2,479,122	48,963	2,528,085
DEPRECIATION
At 1January 2021	203,995	41,473	245,468
Charge for period	41,164	2,340	43,504
At 31December 2021	245,159	43,813	288,972
NET BOOK VALUE
At 31December 2021	2,333.333	3,233	2,239,113
At 31December 2020	2,273,227	2,651	2,277,778

FIXEDASSET INVESTMENT
	Shares in	group
	undertakings
	E
COST
At 1January 2021		100
At 31December 2021		100
NET BOOK VALUE
At 31December 2021		100
At 31December 2020		100

DEBTOR	S:AM	OUNTS FALLIN	G DUE WITHIN ONE YEAR
				Year ended	Period 1/4/20
				31/12/21	to 31/12/20
				E	f
Other debtors				714	984
Merland	Rise	Church Trading	Limited	9,442	9,189
Tax				5,884	6,466
Prepayments		and accrued income		6,101	7,285
				22,141	23,924

14.	CREDITORS: AMOUNTS FALLING	CREDITORS: AMOUNTS FALLING	CREDITORS: AMOUNTS FALLING	CREDITORS: AMOUNTS FALLING	DUE WITHIN ONE YEAR
						Year ended	Period 1/4/20
						31/12/21	to 31/12/20
						E	f
	Trade creditors					3,384	1,509
	Social security and	other taxes				1,130	1,307
	Other creditors					11,009	6,686
	Accrued expenses	and deferred			income	18,233	24,687
						33,756	34,189
15.	CREDITORS: AMOUNTS FALLING				DUE AFTER MORE THAN ONE YEAR
						Year ended	Period 1/4/20
						31/12/21	to 31/12/20
						E	E
	Other loans (see note 16)					200,000	200,000
16.	LOANS
	An analysis ofthe	maturity		ofloans is given below:
	Amounts falling due in more than one year.
	Repayable otherwise		than	by instalments:
	Unsecured loans					200,000	200,000
	Seefurther details	in	note	18.

MOVEMENT IN		F	UND	S
							Net	Transfers
							movement	between	At
						At 1/1/21	in funds	funds	31/12/21
						f	f	f	f
Unrestricted funds
General fund						12,119	34,644	(13,750)	33,013
Manse fund						220,934			220,934
General Reserve		Fund				15,000			15,000
General Repairs		and Maintenance			Fund	22,486		12,000	34,486
						270,539	34,644	(1,750)	303,433
Restricted funds
Building Fund						1,854,193	(41,164)		1,813,029
Emergency Fund						7,819	3,798		11,617
Men's Ministry		Fund				3,507	1,583		5,090
Women's Ministry			Fund			3,626		1,750	5,376
Youth Ministry	Fund						1,228		1,228
Other Fund (destined				giving)		1,487	86		1,573
						1,870,632	(34,469)	1,750	1,837,913
TOTALFUNDS						2,141,171	175		2,141,346
Net movement		in	funds, included		in the above are as follows:
							Incoming	Resources	Movement
							resources	expended	in funds
							f	f	f
Unrestricted funds
General fund							159,402	(124,758)	34,644
Restricted funds
Building Fund								(41,164)	(41,164)
Emergency Fund							5,000	(1,202)	3,798
Men's Ministry	Fund						1,825	(242)	1,583
Youth Ministry	Fund						1,538	(310)	1,228
Other Charitable			Giving Fund				10,486	(10,400)	86
							18,849	(53,318)	(34,469)
TOTALFUNDS							178&251	(178,076)	175

Comparatives f	or	mov	ement in fu	nds
						Net	Transfers
						movement	between	At
					At 1/4/20	in funds	funds	31/12/20
					E	E	E	E
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)			1,487		1,487
					1,893,029	(24,147)	1,750	1,870,632
TOTALFUNDS					2,141,875	(704)		2,141,171

				Incoming	Resources	Movement
				resources	expended	in funds
				E	E	E
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
Trustees Discretionary		Fund		1,000	(1,000)
				17,555	(41,702)	f24,146)
TOTAL FUNDS				151,019	(151,723)	(704)

				Year ended	Period 1/4/20
				31/12/21	to 31/12/20
				E	6
INCOME AND ENDOWMENTS
Donations and	legacies
Freewill offerings				122,414	86,614
Donations				23,448	24,255
Legacies					8,229
Gift aid				23,079	21,533
Sale offorex &	commission		receivable	131	86
				169,072	140,717
Investment income
Deposit account		interest		10	34
Charitable activities
Use ofmeeting	rooms			5,583	542
Other income
Other income				3,586	9,726
Total incoming	resources			178,251	151,019
EXPENDITURE
Charitable activities
Trustees' salaries				39,796	41,993
Trustees' social	security			1,083	951
Trustees' pension		contributions		4,218	4,383
Trustees' expenses				71	140
Wages				23,824	21,547
Social security				388	797
Pensions				2,235	888
Other operating		leases		250	250
Rent and rates				110	83
Insurance				4,513	3I322
Light and heat				6,425	4,163
Telephone				753	564
Postage				38	56
Sundries				475	200
Carried forward				84,179	79,337

		Year ended	Period 1/4/20
		31/12/21	to 31/12/20
		6	f
Charitable activities
Brought forward		84,179	79,337
Training		2,520	1,851
Repairs and maintenance		4,183	896
Cleaning and gardening		2,562	1,338
Licences		1,102	984
Office supplies		452	726
Photocopying		208	258
Outreach literature		2,206	468
Other staff costs		515	567
Speaker and signer fees		269	230
Bank charges		100	45
Candles &decorations		219	156
Church Service		946	304
Church expenses		496
Computer software		1,123	61
Youth ministry expenses		726
Other expenses		-148	650
Freehold property		41,164	30,807
Fixtures and fittings		1,465	747
Donations gr Giving		31,253	24,553
Trustees Discretionary	Fund		1,000
		175,540	144,978
Support costs
Governance costs
Independent Examiner's fees		300	274
Legal and professional	fees	2,236	6,471
		2,536	6,745
Total resources expended		178,076	151,723
Net expenditure		175	(704)