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||||||||
|---|---|---|---|---|---|---|
|2020||||||SURPLUS/|
|||||INCOME|EXPENDITURE|DEFICIT|
|-3|Renta
I Income|||16,863|9,549|7,314|
|-48|1 Azure Court|||11,192|40,482|-29,290|
|2|Membership|||1,444||1,444|
|19|Donations|||4,313||4,313|
||Bank Interest|||2||2|
|1|Other Receipts|||25,848||25,848|
|-1|Covenant
Nations|||8,595|11,600|-3,005|
|-3|Summer
Convention||||||
|-2|Congress|||184||184|
|-146|Administration|See Note|1||150,426|-150,426|
|-181||||68,441|212,057|-143,616|
|2020|||||BALANCE SHEETAS AT 31|BALANCE SHEETAS AT 31|BALANCE SHEETAS AT 31|BALANCE SHEETAS AT 31|MARCH, 2021||
|---|---|---|---|---|---|---|---|---|---|---|
|000's|FIXED ASSETS||||||||||
||Fixtures,
Fittings and|Equipment||||at cost|||156,762||
||Less Sales in Year||||||||||
||Additions
in Year||||||||411||
||Less Depreciation||||||||142,688|14,485|
||121 Low Etherley|||||||||351,160|
||1 Azure Court|||||||||1,259,155|
||227 Newgate
Street|||||||||96,606|
||5 Bede Street|||||||||138,920|
||18Simpson
Road|||||||||85,806|
||CURRENT ASSETS||||||||||
||Investments
Unquoted||See||Note 2||||11,100||
||Property
Investment|at Cost|||||||849,771||
||Cash at Bank||||||||||
||Current accounts||||||||70,729||
||Cash
in Hand||||||||683||
||M Clark - Presidential||Float||||||1,000||
||Kingdom
Foundation||||||||530||
||National
Bible College||Account||||||3,045||
||Prepayments||||||||2,517||
||Debtors||||||||1,425||
|||||||||||940,800|
|||||||||||2,886,932|
||LESSCURRENT LIABILITIES||||||||||
||Creditors
due within
1||year||||||||
||PAYE|||||||2,457|||
||Creditors|||||||240|||
||Accruals|||||||6,432|||
||Pension|||||||65|||
||Accounts|||||||2,000||11,194|
||Members
Loans|||||||||1,133,004|
|1,877||||||||||1,742,734|
||REPRESENTED BY||||||||||
||General
fund||||||||1,522,081||
||To general
reserve
in|year|||||||-143,616||
|||||||||||1,378,465|
||Special Funds Unrestricted||||See Note||3|||49,653|
||Special Funds Restricted|||See Note 3||||||314,616|
|1,877||||||||||1,742,734|
|President.||||||.Dated|1000|March
2022|||
|Deputy|President
. . .~.
.~.. . . . . . . .|||||. .Dated|10" March 2022||||
##
|Note 1|Note 1|||
|---|---|---|---|
|ADMINISTRATION||||
|2020||||
|000's||||
|2|Audit||1,820|
|1|Legal, Professional|and Management|400|
|6|Field Expenses|||
|45|Staff Salaries and Pensions||53,034|
||Shortfall
on staff salaries re:Nest Pension||2,008|
|58|Interest on Members|Loans|59,209|
|11|Office Expenses||12,314|
||Sundry Expenses|||
|11|Printing,
Stationery,|Postage 8 Telephone|13,326|
|3|Repairs and Maintenance||2,644|
|1|Bank Charges||465|
|2|IT Support and website costs||378|
|6|Depreciation||4,828|
|146|||150,426|
##
|Note 2|||||||||
|---|---|---|---|---|---|---|---|---|
|Investments
Unquoted|||||||||
|1,000 shares
in Market|Street Developments|||Ltd||1,000|||
|10,000 shares
in Covenant||Publishing|Co.|Ltd.||10,000|||
|80shares
in Eli press|Ltd|||||100|||
|Note 3|||||||||
|Special Funds|||||||||
||||||Balance||||
||||||31/03/2020|Income|Expenditure|Balance|
|RESTRICTED FUND|||||||||
|The National
Bible College|||||314,511|140|35|314,616|
|(charity no 211471)|||||||||
|DESIGNATED FUNDS|||||||||
|Benevolent
Fund|||||1,288|||1,288|
|Youth Action|||||304|||304|
|W E Filmer|||||6,257|||6,257|
|Christian
Prophetic Witness|||||35,433|||35,433|
|Kingdom
Foundation|||||6,697||326|6,371|
||||||364,490|140|361|364,269|
##
|||National
Bible|Colic e|||
|---|---|---|---|---|---|
|Charit|No|211471|Cost|121 Low Etherley|351,160|
||||Cash|at Bank|3,045|
||||||354,205|
||||Fund||314,616|
||||Loan|from BIWF|39,589|
||||||354,205|
##
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##
|The Covenant
Publishin
Com
an
Balance Sheet 31"March
2021|Ltd|||||
|---|---|---|---|---|---|
||||31.3.21|31.3.20||
||Notes|F|E|F||
|FIXEDASSETS||||||
|Tangible assets|||878||1,171|
|CURRENT ASSETS||||||
|Stocks||22,974||26,|168|
|Debtors||211|||569|
|Cash at bank and
in hand||15189||9|004|
|||38,374||35,741||
|CREDITORS||||||
|Amounts
falling due within one year||2,664||1,654||
|NET CURRENT ASSETS|||35710||34 087|
|TOTAL ASSETS LESSCURRENT|LIABILITIES||36588||35258|
|CAPITAL AND RESERVES||||||
|Called up share capital|||10,000||10,000|
|Profit and loss account|||26 588||25258|
|SHAREHOLDERS'
FUNDS|||36588||35258|
##
##
##
##
||||31.3.21|31.3.20|
|---|---|---|---|---|
|6.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|Trade|debtors||60|436|
|Other|debtors||151|133|
||||211|569|
|7.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||
|Trade|creditors||7|911|
|Other|creditors||2 657|743|
||||2 664|1 654|
##
|||31.3.21|31.3.20|
|---|---|---|---|
|Turnover||||
|Book sales||19,613|11,894|
|Donations||332|161|
|Printing Sales||5,426|6,185|
|||25,371|18,240|
|Cost ofsales||||
|Opening
stock||26,168|29,278|
|Purchases||1,368|3,210|
|Printing
Purchases||8,490|6,231|
|||36,026|38,719|
|Closing stock||~22 974|~26 168|
|||13052|12 551|
|GROSS PROFIT||12,319|5,689|
|Other Income||||
|Government|grants|2 588||
|||14,907|5,689|
|Expenditure||||
|Salaries||5,805|5,089|
|Pensions||171|155|
|Telephone||877|236|
|Postage||2,769|1,028|
|Stationery
8 packaging||1,196|335|
|Advertising
8|printing|310|297|
|Video Expenses||||
|Equipment
Repairs 8 Servicing|||365|
|Computer
and internet||22|653|
|Licences||||
|Sundry office|expenses|13|13|
|Bad Debts||||
|Legal 8 accountancy||536|554|
|||11699|8725|
|||3,208|(3,036)|
|Finance costs||||
|Bank charges||953|561|
|Credit Card 8 Commissions||632|1 050|
|||1 585|1 611|
|||1,623|(4,647)|
|Depreciation||||
|Depn of equipment||293|390|
|NET PROFIT/ (LOSS)||1 330|5037|
##
|DI R ECTO RS:|M A Clark|||
|---|---|---|---|
||D J Aimer|||
|SECRETARY:|Mrs N Gallone|||
|REGISTERED OFFICE:|121 Low Etherley|||
||Bishop Auckland|||
||Co. Durham|||
||DL14 OHA|||
|REGISTERED NUMBER:|03933393|(England|and Wales)|
|ACCOUNTANTS:|Tosh 8 Co|||
||Chartered|Accountants||
||105b High|Street||
||Honiton|||
||Devon|||
||EX141PE|||
##
##
|Eli Press Ltd||||||
|---|---|---|---|---|---|
|Balance Sheet 31"March|2021|||||
||||31.3.21||31.3.20|
|||Notes||||
|FIXEDASSETS||||||
|Tangible Assets||||64|86|
|CURRENT ASSETS||||||
|Debtors||||||
|Cash at bank and
in hand|||1,964||949|
|CREDITORS||||||
|Amounts
falling due within|one year|6|240||240|
|NET CURRENT ASSETS/(LIABILITIES )|||1|724|709|
|TOTAL ASSETS LESSCURRENT||LIABILITIES|1|788|795|
|CAPITAL AND RESERVES||||||
|Called up share capital||||80|80|
|Profit and loss account|||1|708|715|
|SHAREHOLDERS'
FUNDS|||1|788|795|
##
##
##
##
##
|The operating
loss (2020 —operating
loss) is state|d after charging:||
|---|---|---|
||31.3.21|31.3.20|
|Depreciation —owned assets|22|29|
|TANGIBLE FIXEDASSETS|||
||Office Equipment||
|COST|||
|Additions|650||
|At 31' March 2021|650||
|DEPRECIATION|||
|At 1 April 2020|564||
|Charge for year|22||
|At 31' March 2021|586||
|NET BOOK VALUE|||
|At 31' March 2021|64||
|At 31' March 2020|86||
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||31.3.21|31.3.20|
|Other creditors|240|240|
||240|240|
|Tradin
and Profit and Loss Account for|the Year Ended 31"March
2021||
|---|---|---|
||31.3.21|31.3.20|
|Sales|1,560|2,491|
|Less Cost ofsales|||
|Printing
Materials|279|1,047|
|Sub Contract
Printing||1 602|
||279|2,649|
|GROSS PROFIT|1,281|(158)|
|Expenditure|||
|Postage and Carriage||8|
|Motor expenses||57|
|Sundry Expenses|12|13|
|Accountancy|238|238|
||250|316|
||1,031|(474)|
|Finance Costs|16|60|
||1,015|(534)|
|Depreciation|||
|Office Depreciation|22|29|
|NET PROFIT|993|563|