##
##
##
|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|
##
##