| Page | ||||
|---|---|---|---|---|
| Company | information | |||
| Trustees' | and Directors' | Annual | Report | 2-4 |
| Statement | ofTrustees' | Responsihilibes | ||
| Independent Examiners' |
Report | |||
| Statement | of Financial | Activities | ||
| Balance Sheet | ||||
| Statement | ofCash Flows | |||
| Notes to the Financial Accounts | 10-14 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Income and Expenditure | Notes | Fundsf | Funds f |
2020f | 2019 | |
| Income and endowments | from | |||||
| Donations and legacies |
141,403 | 141,403 | 35,188 | |||
| Investment income |
3 | 3 | 1 | |||
| Other | 678 | 678 | 182 | |||
| Total Incoming Resources | 681 | 141,403 | 142,085 | 35,371 | ||
| Expenditure on |
||||||
| Grants made | 160,576 | 160,576 | 22,979 | |||
| Others | 18 | 18 | 55 | |||
| Total Resources Expended | 18 | 160,576 | 160,595 | 23,034 | ||
| Net (Outgoing)l Incoming |
Resources | 663 - | 19,172.84 | (18,510) | 12,338 | |
| Transfers between funds |
(6,963) | 6,963 | ||||
| Net Nlovement in Funds |
(6,300) | (12,210) | -18,510 | 12,338 | ||
| Fund balances brought forward |
9 | 10,718 | 12,210 | 22,928 | 10,590 | |
| Fund balances carried forward | 9 | 4,418 | 4,418 | 22,928 |
| Notes | 2020 | 2019 | ||
|---|---|---|---|---|
| Fixed Assets | ||||
| Investments | 100 | 100 | ||
| 100 | 100 | |||
| Current Assets | ||||
| Debtors | 7 | 2,613 | 3,688 | |
| Cash at bank and in | hand | 9,488 | 39,114 | |
| 12,100 | 42,802 | |||
| Creditors: Amounts | falling due | |||
| within one year | 7,783 | 19,974 | ||
| 7,783 | 19,974 | |||
| Net Current Assets | 4,318 | 22,828 | ||
| Net Assets | 4,418 | 22,928 | ||
| Funds | ||||
| Unrestricted | 4,418 | 10,718 | ||
| Restricted | 12,210 | |||
| 4,418 | 22,928 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| 6 | |||||||
| Cash flows from operating | activities | ||||||
| Net Income/(Expenditure) for |
the year | (18,510) | 12,338 | ||||
| Changes in working capital: |
|||||||
| (Increase)/decrease in debtors |
1,074 | (1,489) | |||||
| (Decrease)/increase in creditors |
(12,190) | 8,931 | |||||
| Net cash (used in) / generated | by operating | activities | (29,626) | 19,781 | |||
| Change in cash and cash equivalents |
in | the | year | (29,626) | 19,781 | ||
| Cash and cash equivalents at |
beginning | ofyear | 39,114 | 19,333 | |||
| 9,488 | 39,114 |
| Unrestricted | Restricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| F oil de E |
Funds | 2020 E |
2019t | ||||||
| Legacies | 141,403 | 141,403 | 35,188 | ||||||
| 141,403 | |||||||||
| 3.Grants made | |||||||||
| Grants to Seventh-day | Advenhst | entitiss | during | the penod were ss follows. | |||||
| Unrestricted | Restricted | Total | Total | ||||||
| Funds E |
Fundsf | 2020 6 |
2019f | ||||||
| Snbsh Union Conference Schools |
8,000 | B,DDO | 5,984 | ||||||
| Adventist Development |
snd | Relief Agency | 36,387 | 36,387 | 11,598 | ||||
| North England | Conference | and | Churches | 1D0,190 | 100,190 | ||||
| South England | Conference | and | Churches | 4,928 | |||||
| Other Grants | 16,000 | 16,000 | 5DD | ||||||
| Total Grants | i60 677 | ||||||||
| 4.Total Resources Expended | |||||||||
| Unrestricted | Restricted | Total | Total | ||||||
| Fundst | Funds 6 |
202D | 2019 6 |
||||||
| Grants programme | 160,577 | 160,577 | 35,188 | ||||||
| Support oflocal | congregations | 18 | 18 | 55 | |||||
| Total Expenditure | 18 | 160,577 | 160,595 | 35,243 |
| 7.Debtors | Total | Total | |||
| 2020 | 2019 | ||||
| 6 | |||||
| Due from subsidiary | undertaking | 2,613 | 3,688 | ||
| Other debtors | |||||
| 2,613 | 3,688 | ||||
| 8.Creditors: Amounts | falling due within one year | ||||
| Due to parent | charity | 6,069 | 6,559 | ||
| Loan from benefactor | 989 | 989 | |||
| Other Creditors | 725 | 12,426 | |||
| 7,783 | 19,973 |
| 9.Analysis offunds | Balance at | Movement | Resources | Transfer | Balance at |
|---|---|---|---|---|---|
| January 1st | Ihcomihg | Outgoing | between funds | Oecember 31st | |
| 2020 | 2020 | ||||
| 8 | 6 | ||||
| Restricted funds | 12,210 | 141,403 | (160,576) | 6,063 | |
| General funds | 10,718 | S01 | (18) | (6,063) | 4,418 |
| Totalfunds | 22.020 | 't42,065 | 180006 | 4,4'l8 | |
| 10.Total funds | Unrestricted | Restncted | Total | ||
| Funda | Funds | Funds | |||
| 8 | 8 | ||||
| Investments | 100 | 100 | |||
| Net currsni assets | 4318 | 4310 | |||
| 4,418 | 4A10 |