## |TRUSTEES|Reverend
5J C Coriey|||| |---|---|---|---|---| ||P J Sandbach|||| ||A Bland|||| ||Reverend 5 A Hancox|||| ||Reverend
J D Cortis|||| ||Canon
A D Nicholl|||| ||Reverend
5 M Shaw|||| ||R Mapanga
(appointed|28/09/2020)||| ||LGroenewald
(appointed||28/09/2020)|| ||J V Betts (resigned 28/09/2020)|||| ||A E Beal (resigned 28/09/2020)|||| ||Reverend
M Harwood|(resigned||18/05/2020)| |REGISTERED OFFICE|20 New Market Street|||| ||Leeds|||| ||LS16DG|||| |REGISTERED COMPANY NUMBER|00155840 (England and||Wales)|| |REGISTERED CHARITY NUMBER|220966|||| |SENIOR STATUTORY AUDITOR|Christopher
Darwin
FCA|||| |INDEPENDENT AUDITORS|Thomas Coombs Limited|||| ||Statutory Auditor|||| ||Chartered
Accountants|||| ||3365The Pentagon|||| ||Century
Way|||| ||Thorpe Park|||| ||Leeds|||| ||West Yorkshire|||| ||LS158ZB|||| |OPERATIONAL STAFF||||| |Director|Dr Helen Reid|||| |Learning Centre Manager|Paul Mann (until 31/12/2020)|||| |Administrator|Miriam O'Keeffe|||| |Media and Events Coordinator|Lawrence
Cockrill (until||31/01/2020)|| |Learning Centre Assistant|Karen Horner (until 31/05/2020)|||| |Events Assistant|Bethany Roberts|||| |Venue Assistant|Leo Joslin (until 31/07/2020)|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2020|2019| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||funds|fund|funds|funds| ||||Notes|E|E|E|E| |INCOME FROM|||||||| |Donations
and legacies|||||||35,050| |Charitable
activities|||||||| |Licence fees||||267||267|1,069| |Other income||||21,775|3,650|25,425|950| |Investment
income||||207,766||207,766|224,500| |Total||||230,041|3,650|233,691|261,569| |EXPENDITURE ON|||||||| |Raising funds||||112,053||112,053|63,872| |Charitable
activities|||||||| |Employee costs||||105,045||105,045|85,311| |Direct costs||||81,609|3,650|85,259|58,310| |Premises costs||||15,308||15,308|10,007| |General administrative||expenses||54,977||54,977|49,640| |Support costs||||24,256||24,256|21,834| |Total||||393,248|3,650|396,898|288,974| |NET EXPENDITURE (before gains on Investments)||||(163,207)||(163,207)|(27,405)| |Net gains on investments||||289,488||289,488|646,274| |NET INCOME||||126,281||126,281|618,869| |RECONCILIATION|OF FUNDS||||||| |Total funds brought forward||||6,188,870||6,188,870|5,570,001| |TOTAL FUNDS CARRIED FORWARD||||6,315,151||6,315,151|6,188,870| ## ## ||||||2020|2019| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| ||||funds|fund|funds|funds| |||Notes|E|E|E|E| |FIXEDASSETS||||||| |Tangible assets||13|488,313||488,313|479,478| |Investments||||||| |Investments||14|5,741,058||5,741,058|5,571,570| ||||6,229,371||6,229,371|6,051,048| |CURRENT ASSETS||||||| |Debtors||15|71,254||71,254|118,697| |Cash at bank|||56,513||56,513|32,305| ||||127,767||127,767|151,002| |CREDITORS||||||| |Amounts
falling due within one year||16|(41,987)||(41,987)|(13,180)| |NET CURRENT ASSETS|||85,780||85,780|137,822| |TOTAL ASSETS LESSCURRENT LIABILITIES|||6,315,151||6,315,151|6,188,870| |NET ASSETS|||6,315,151||6,315,151|6,188,870| |FUNDS||17||||| |Unrestricted|funds:|||||| |General fund- free reserves|||||85,780|137,822| |Designated-|fixed asset||||6,229,371|6,051,048| ||||||6,315,151|6,188,870| |TOTAL FUNDS|||||6,315,151|6,188,870| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||2020|2019| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Total| ||||||funds|funds|funds|funds| ||||||E|E|E|E| |Sundry income|||||21,775|3,650|25,425|950| |INVESTMENT INCOME||||||||| ||||||||2020|2019| ||||||Unrestricted|Restricted|Total|Total| ||||||funds|funds|funds|funds| ||||||E|E|E|6| |Net rents|received||||58,625||58,625|71,820| |Investments|||||149,141||149,141|152,680| ||||||207,766||207,766|224,500| |INCOME|FROM CHARITABLE ACTIVITIES|||||||| ||||||||2020|2019| ||||||||Licence|Total| ||||||||fees|activities| ||||||||E|E| |Licence fees|||||||267|1,069| |RAISING|FUNDS|||||||| |Investment||management||costs||||| ||||||||2020|2019| ||||||Unrestricted|Restricted|Total|Total| ||||||funds|funds|funds|funds| ||||||f|E|E|E| |Staff costs|||||8,132||8,132|6,013| |Property|management||and related fees||9,883||9,883|9,000| |Property|costs||||94,038||94,038|48,859| ||||||112,053||112,053|63,872| ## ## ## ## ## |CHARITABLE ACTIVITI|ES COSTS|| |---|---|---| |||Support| |||costs (see| |||note 8)| |||E| |Employee costs||105,045| |Direct costs||85,259| |Premises costs||15,308| |General administrative|expenses|54,977| |Support costs||24,256| |||284,845| ## ## ## ||||Education,||| |---|---|---|---|---|---| ||||research,||| ||||events||| ||||dissemination|Governance|| ||||5grants|costs|Totals| ||||E|E|E| |Employee costs|||105,045||105,045| |Direct costs|||85,259||85,259| |Premises costs|||15,308||15,308| |General administrative||expenses|54,977||54,977| |Support costs|||18,976|5,280|24,256| ||||279,565|5,280|284,845| |NET INCOME/(EXPENDITURE)|||||| |Net income/(expenditure)||is stated after charging/(crediting):|||| |||||2020|2019| |||||E|E| |Auditors'
remuneration||||5,280|4,338| |Depreciation
-owned assets||||8,260|6,553| |Other operating|leases|||46,875|37,680| ## ## ## |STAFF COS|TS|||| |---|---|---|---|---| ||||2020|2019| ||||E|E| |Wages and|salaries||120,223|147,469| |Redundancy|costs||16,000|| |Social security|||10,321|8,380| |Other pension costs|||13,059|15,191| |Recharged|to LCI Trading|Limited|(28,548)|(64,987)| ||||131,055|106,053| |2020|2019| |---|---| |5|6| ||No employees
received|emoluments|in excess off60,000.|||| |---|---|---|---|---|---|---| |12.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||| |||||Unrestricted|Restricted|Total| |||||funds|fund|funds| |||||E|E|E| ||INCOME FROM|||||| ||Donations
and legacies|||35,050||35,050| ||Charitable
activities|||||| ||Licence fees|||1,069||1,069| ||Other trading activities|||950||950| ||Investment
income|||224,500||224,500| ||Total|||261,569||261,569| ||EXPENDITURE ON|||||| ||Raising funds|||63,872||63,872| ||Charitable
activities|||||| ||Employee costs|||85,311||85,311| ||Direct costs|||58,310||58,310| ||Premises costs|||10,007||10,007| ||General administrative|expenses||49,640||49,640| ||Support costs|||21,834||21,834| ||Total|||288,974||288,974| |12.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -|continued||| |---|---|---|---|---|---| ||||Unrestricted|Restricted|Total| ||||funds|fund|funds| ||||f|E|E| ||RECONCILIATION
OF FUNDS||||| ||Total funds brought forward||5,570,001||5,570,001| ||TOTAL FUNDS CARRIED FORWARD||6,188,870||6,188,870| |13.|TANGIBLE FIXEDASSETS||||| ||||Fixtures||| |||Freehold|and||| |||property
E|fittings
E|Totals
f|| ||COST||||| ||At 1January 2020|433,333|221,828|655,161|| ||Additions||17,095|17,095|| ||At 31December 2020|433,333|238,923|672,256|| ||DEPRECIATION||||| ||At 1January 2020||175,683|175,683|| ||Charge for year||8,260|8,260|| ||At 31December 2020||183,943|183,943|| ||NET BOOK VALUE||||| ||At 31December 2020|433,333|54,980|488,313|| ||At 31December 2019|433,333|46,145|479,478|| ||||||Investment|Shares in group|||| |---|---|---|---|---|---|---|---|---|---| ||||||property|undertakings||Investments|Totals| ||||||E|E|||E| |MARKET VALUE|||||||||| |At 1January 2020|||||866,667||1|4,704,902|5,571,570| |Disposals||||||||(120,000)|(120,000)| |Revaluations||||||||289,488|289,488| |At 31December 2020|||||866,667||1|4,874,390|5,741,058| |NET BOOK VALUE|||||||||| |At 31December 2020|||||866,667||1|4,874,390|5,741,058| |At 31December 2019|||||866,667||1|4,704,902|5,571,570| |There were no investment|assets outside the UK.||||||||| |Investments|||||||||| |The investments
comprise:|||||||||| |CCLA Investment
Management||Limited||||||2020|2019| |||||||||E|E| |The CBFChurch of England|Investment|||Fund|||||| |197,294.91(2019:199,810.05)||Income||Shares||||4,042,040|3,830,179| |The CBFChurch of England|Global Equity Income Fund||||||||| |111,290.99(2019:138,880.65)||Income||Shares||||293,441|307,621| |The CBFChurch of England|Property||Fund||||||| |416,435.67(2019:416,435.67)||Income||Shares||||538,909|567,102| ## |||||||||||2020|2019| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||E|f| ||Trade debtors|||||||||1,293|923| ||Amounts|owed|||by group||undertakings|||5,437|57,802| ||Prepayments|||and accrued income||||||64,524|59,972| |||||||||||71,254|118,697| |16.|CREDITORS:||AMOUNTS||||FALLING|DUE WITHIN ONE YEAR|||| |||||||||||2020|2019| |||||||||||E|f| ||Trade creditors|||||||||14,117|5,870| ||Other creditors|||||||||1.333|1,333| ||Accruals|and||deferred||income||||26,537|5,977| |||||||||||41,987|13,180| |17.|MOVEMENT|||IN FUNDS|||||||| |||||||||||Net|| |||||||||||movement|At| ||||||||||At 1/1/20|in funds|31/12/20| ||||||||||f|f|f| ||Unrestricted|||funds|||||||| ||General|fund-||free reserves|||||137,822|(52,042)|85,780| ||Designated-||fixed asset||||||6,051,048|178,323|6,229,371| ||||||||||6,188,870|126,281|6,315,151| ||TOTAL|FUNDS|||||||6,188,870|126,281|6,315,151| ||Net movement||||in funds,||included|in the above are as follows:|||| |||||||||Incoming|Resources|Gains and|Movement| |||||||||resources|expended|losses|in funds| |||||||||f|f|f|f| ||Unrestricted|||funds|||||||| ||General|fund||—free reserves||||230,041|(393,248)|111,165|(52,042)| ||Designated-||fixed asset|||||||178,323|178,323| |||||||||230,041|(393,248)|289,488|126,281| ||Restricted funds||||||||||| ||Grants|||||||3,650|(3,650)||| ||TOTAL|FUNDS||||||233,691|(396,898)|289,488|126,281| ## ## ## ## ## ## ## ## ## ## ||Land and buildings|Land and buildings|Other operating|leases| |---|---|---|---|---| ||2020|2019|2020|2019| ||E|E|E|E| |Expiring:||||| |Within one year|||790|| |Between one and five years||||2,369| |In more than five years|1,462,500|1,500,000||| ||1,462,500|1,500,000|790|2,369| ## ## ## |||||2020|2019| |---|---|---|---|---|---| |||||E|E| |INCOME|||||| |Donations
and legacies|||||| |Gift aid|||||34,230| |Subscriptions|||||820| |||||233|35,050| |Other trading activities|||||| |Sundry income||||25,425|950| |Investment
income|||||| |Net rents received||||58,625|71,820| |Investments||||149,141|152,680| |||||207,766|224,500| |Charitable
activities|||||| |Licence fees||||267|1,069| |Total incoming resources||||233,691|261,570| |EXPENDITURE|||||| |Raising funds|||||| |Staff costs transferred|from support||costs|8,132|6,013| |Property management|and related fees|||9,883|9,000| |Property costs transferred||from premises costs||94,038|48,859| |||||112,053|63,872| |Charitable
activities|||||| |Employee costs|||||| |Staff salaries||||95,676|127,093| |Pensions for charitable||staff||13,059|14,044| |Redundancy
costs||||16,000|| |Employers
Nl||||7,761|6,555| |Staff costs recharged|to|LCI Trading|Limited|(28,548)|(64,987)| |Training and welfare||||1,002|2,191| |Travel and subsistence||||95|415| |||||105,045|85,311| |Direct costs|||||| |Conferencing
and catering costs||||172|122| |Reading materials||||1,027|1,233| |Events and seminars||||30,789|20,453| |Resource costs||||36,972|28,779| |Marketing
services||||16,299|7,723| |||||85,259|58,310| ## |Premises costs|||||2020|2019| |---|---|---|---|---|---|---| |Insurance|||||11,490|13,473| |Light and heat|||||24,956|33,134| |Rates|||||6,962|6,550| |Cleaning and refuse|||||21,520|35,683| |Repairs|||||35,298|34,456| |Security|||||9,120|1,950| |Property costs|recharged||to LCI Trading|Limited||(66,380)| |Property costs|transferred||to costs of raising funds||(94,038)|(48,859)| ||||||15,308|10,007| |General administrative||expenses||||| |Telephone|||||3,247|2,776| |Postage and stationary|||||4,752|6,594| |Subscriptions|||||704|1,195| |Equipment
expenses|||||22,112|16,197| |Accountancy|||||2.213|3,764| |Legal and professional|||||8,&45|11,110| |Sundry expenses|||||4,718|1,270| |Depreciation|||||8,260|6,553| |Bank charges|||||126|181| ||||||54,977|49,640| |Support costs||||||| |Volunteer expenses||||||161| |Administration|salaries||||24,547|20,376| |Pension costs||||||1,147| |Employers
Ni|||||2,560|1,825| |Staff costs transferred||to|costs of raising|funds|(8,132)|(6,013)| |Auditors
remuneration|||||5,281|4,338| ||||||24,256|21,834| ## ||||2020|2019| |---|---|---|---|---| ||||E|E| |Total resources|expended||396,898|288,974| |Net expenditure|before gains and losses||(163,207)|(27,405)| |Realised recognised||gains and losses||| |Unrealised
gains|on|investments|289,488|646,274| |Net income|||126,281|618,869|