OpenCharities

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

2021-03-31-accounts

Trustees MrsEFisher
Mr CHughes
MrTLea
Mr SSpurgeon
MrPSusans
MrsHTaylor
Rev JWtts
RevYDubreuil (Appointed10December
2020)
Secretary MrNJones
Charitynumber 200027
Companynumber 00688281
Registeredoffice Brynford House
2'lBrynford Slreet
Holywell
Clwyd
United Kingdom
CH87RD
Auditor AzetsAudit Services
Brynford House
21 Brynford Street
Holywell
Clwyd
United Kingdom
CH87RD
Solicitors Anthony Collins LLP
134Edmund Street
Birmingham
United Kingdom
832ES
lnvestmentadvisors lnvestec Wealth & lnvestment Limited
2Gresham Street
London
EC2V7QP
United Kingdom

Unrestrieted Unrestricied
funds funds
202',1 2020
Notes e
lncomefrom:
Donationsandlegacies 3 25,278 83,359
Charitable activities 4 7,300 7,315
lnvesAnents 5 60,495 85,180
Total income 93,073 175,854
Exoenditureon:
Raising funds 6 2,309 2,062
Charitable activities 7 261,710300,403
Total resources expended 264,019302,465
Netgains(losses)on investments 11 69,986(102,900)
Netmovementinfunds (100,960)(229,511)
Fund balancesat1April 2020 2.132,9622,362.473
Fund balancesat 31itarch2021 2,032,0022,132,962

2021 2020
Notes f e t
Fixed assets
Tahgibleassets 12 234,479 234,479
lnvestment properties 13 375,000 375,000
lnvestments 14 1,264,944
1,874,423 1,962,474
Cul"entassets
Debtors 16 '147,055 163,322
Cashatbank and in hand 17,785 14,273
164.840 177,595
Creditors:amountsfallingduewithin
oneyear 17 (7,261) (7,107)
Netcurrent assets 157,579 170,488
Totalassets lesscurrent liabilities 2,O32,O02 2,132,962
lncomefunds
Unrestricted funds 2,032,002 2,132,962
2,032,002 '!1'',*

2021 2020
Notes t

UnrestrictedUnrestricted UnrestrictedUnrestricted
funds funds
2021 2020
I
Donations and gifts 21,278 38,359
Legacies receivable 4,000 45,000
:'': :fi
Donationsandgifts
Giftsfrom Partners 9.798 10,830
General donations 3,788 8,786
GiftAiddonations 7,692 18,743
21,278 ifl
Charitableactivities
CharitableCharitable
lncomelncome
2021
e€
2020
Saleswithin charitable activities 110 6,645
Otherincome 7,190 670
7,300 7,31 5

lnvestments
UnrestrictedUnrestricted
funds funds
2021t 2020t
Rental income 24.740 33,738
Managed investmentincome
lnterest receivable
29,998
5,757
36,279
15,163
Ili 111

Raisingfunds
Unr€strictedU
funds
nrestricted

funds
2021 2020
f
lnvestment manaoement 2,309 2,062
ifg :''*

2021 2020
E
Stafi costs
lnsurance
90,081
716
90,849
1,194
Telephone 855 867
Trusteeselpenses 176 3,597
Ministry support
Officeand general expenses
Conferences
101,764
6,580
339
115,163
11,922
10,165
Motor,travel and expenses 5,4Q2
18,669
Property maintenance and costs
Publications, publicityandwebsites
Rentalcommissionandfees
Bank charges
11,811
19,515
2,726
69
815
15,628
2,440
88
240,034 271,397
Share of governance costs (see note8) 21,676 29,006
261,710 300,403

Supportcosts
SupportGovernance
costs
costs
2021 SupportGovernance
costs
costs
2020
f, t E€ e
Audit tees 3,654 3,654 3,000 3,000
Accountancy 1,890 1,890 1,740 1,740
Legal and professional 16,132 16,132 24,?66 24,266
21,676 21,676 29,006 29,006
Analysed between
Charitable activities
21,676 21,676 il'* 29,006

The average monthly numberofemployees during theyea rwas:
202',t
Number
2020
Number
Chief Executive 1 I
Operations Manager/Administrator 'l 1
Otherstaff (includingpart{ime) 2 2
Total 4
--:
Employmentcosts 2021 2020
f,
Wages and salaries 79,489 79,317
Social security costs 2,113 3,194
Otherpensioncosts 8,479 8,338
90,08'1 90,849
There werenoemployees whose annual remuneration was €6
Netgainsr(losses) on investmenta
0,000 ormore.
UnreotrictedUnrestricted
funds
funds
202',t
2020
€f
Revaluation of investments
Gain/(loss) on sale of investments
124,O87(110,391)
(54,101)4,491
Gain/(loss) on sale of investment properties -
3,000
69,986(102,900)

'12 Tangiblefixedassets
FreeholdlandFixturesand Total
andbuildings fittings
€f,
Cost
At1April 2020 274,011 11,875 285,886
At31 March2021 274,011 11,875 285,886
Depreciation and impairment
At1April 2020 39,532 11,875 51,407
At31March2021 39,532 11,875 51,407
Carrying amount
At 31 March2021 ':1!: ':1!:
At31March 2020 234,479 ':1!:
13 lnvestment property
2021
Fairvalue
At1April 2020and31 March2021 11'*

Fixed assetinvestments
Listed Unlisted Total
investmentsinvestments
e t e
Cost orvaluation
At1April 2020 752,995 600,000 1,352,995
Additions 304,136 304,136
lnvestment writeoff (52,187) (52,187)
Repayments (340,000) (340,000)
At 31 March2021 1,057,131 207,813 1,264,944
Carrying amount
At31 March2021
1,057,131 207,813 1,264,944
At31 March2020 7s2,995 600,000 1,352,995

Financialinstruments 202'l 2020
I c
Carrying amount offinancialassets
lnstruments measuredatfair value through proflt or loss 1,057,13't 752,995

Debtors
2021 2020
Amounts fallingduewithinoneyear: f C
Other debtors 13,307 'l5,618
Prepaymentsandaccrued income 5,426 8,700
18,733 24,318
2021 2020
Amountsfallingdueaftermorethanoneyear:
Otherdebtors 128,322 139,004
Totaldebtors yl" 163,322

Creditors:amountsfallingduewithinoneyear
202',1t 2020
e
Accruals and deferredincome 7,261 7,107


commilments:
2021t22 2022t23 2023t24 2024175
Specific Budget Commitments
DiscoveryChurch Dunbar f3,120
VlillomBaptistChurch t2,917
3en&EzLucasPh1 824,325
-lereford Diocese 810,746
.oveLooe f12,000
lrucible/UE 14,304
r1/ychwood BC Deedtransfer f2,000
HunstantonSam&Suzie f6,999 87,000
Abramian
Bishopstoke support f500
Stowmissional listener e6,000 t2,500
FenlandsThorney e898 f875
Botesdale (2020-2023) €1,919 e1,206 t419
VillageChurch Oldmeldrum t6,336 15,000 f1,000
Ben&EzLucasPhase 2 e5,675 f18,956 €13,380 18,369
Total f,47,739 e35,537 x14,799 c8,639