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||Page|
|---|---|
|Report ofthe Trustees|1 to 5|
|Report ofthe Independent
Auditors|6to 7|
|Statement of Financial
Activities||
|Balance Sheet||
|Cash Flow Statement||
|Notes to the Cash Flow Statement||
|Notes to the Financial Statements|12to 22|
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||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total funds|Total funds|
||||||funds|funds|||
|||||Notes||F|||
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations
and legacies|||||74,682|164,309|238,991|261,065|
|Charitable
activities|||||||||
|Bookshops|||||139,080||139,080|247,177|
|Press and magazines|||||16,375||16,375|23,546|
|Conference centre|||||34,327||34,327|121,832|
|Conferences|||||6,204||6,204|176,941|
|Camps|||||285||285|107,376|
|Other ministries|||||8,554||8,554|33,574|
|Investment
income|||||419||419|1,152|
|Total|||||279,926|164,309|444,235|972,663|
|EXPENDITURE ON|||||||||
|Charitable
activities|||||||||
|Bookshops|||||121,636|108,490|230,126|286,409|
|Press and magazines|||||44,784|3,670|48,454|49,479|
|Conference centre|||||55,167|37,369|92,536|113,720|
|Conferences|||||39,410||39,410|211,138|
|Camps
Other ministries|||||44,176
34,312||44,176
34,312|151,181
53,914|
|Other||||||||15,000|
|Total|||||339,485|149,529|489,014|880,841|
|NET INCOME/(EXPENDITURE)|||||(59,559)|14,780|(44,779)|91,822|
|Transfers
between||funds||16|12,070|~12,07D)|||
|Net movement
in funds|||||(47,489)|2,710|(44,779)|91,822|
|RECONCILIATION|OF FUNDS||||||||
|Total funds brought||forward|||1,908,214|37,131|1,945,345|1,853,523|
|TOTAL FUNDS CARRIED FORWARD|||||1,860,725|39,841|1,900,566|1,945,345|
##
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|||||2020|2019|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total funds|Total funds|
|||funds|funds|||
||Notes|F|f|||
|FIXEDASSETS||||||
|Tangible assets||1,480,672||1,480,672|1,473,953|
|CURRENT ASSETS||||||
|Stocks|12|139,848||139,848|150,296|
|Debtors|13|66,829||66,829|85,846|
|Cash at bank||273,096|39,841|312,937|409,313|
|||479,773|39,841|519,614|645,455|
|CREDITORS||||||
|Amounts
falling due within one year|14|(99,720)||(99,720)|(174,063)|
|NET CURRENT ASSETS||380,053|39,841|419,894|471,392|
|TOTAL ASSETS LESSCURRENT|LIABILITIES|1,860,725|39,841|1,900,566|1,945,345|
|NET ASSETS||1,860,725|39,841|1,900,566|1,945,345|
|FUNDS|16|||||
|Unrestricted
funds||||1,860,725|1,908,214|
|Restricted funds||||39,841|37,131|
|TOTAL FUNDS||||1,900,566|1,945345|
##
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||||||2020|2019|
|---|---|---|---|---|---|---|
|||||Notes|F||
|Cash flows from operating|activities:||||||
|Cash generated
from operations|||||~83060)|80,808|
|Net cash provided
by (used in) operating
activities|||||~83,060)|80,808|
|Cash flows from investing|activities:||||||
|Purchase oftangible
fixed assets
Interest received|||||(13,735)
419|(624,119)
1,152|
|Net cash provided
by (used in) investing
activities|||||~13,316)|)822.886677)|
|Change
in cash and cash|equivalents|in the|||||
|reporting
period|||||(96,376)|(542,159)|
|Cash and cash equivalents|at the beginning||of||||
|the reporting
period|||||409,313|951,472|
|Cash and cash equivalents|at the end|ofthe|||||
|reporting
period|||||312,937|409,313|
##
||RECONCILIATION|OF|NET|INCOME/(EXPENDITURE)|INCOME/(EXPENDITURE)|TO|NET|CASH|FLOW
FROM|OPERATING|
|---|---|---|---|---|---|---|---|---|---|---|
||ACTIVITIES||||||||||
||||||||||2020|2019|
||||||||||F||
||Net income/(expenditure)||for the reporting||period (as per|the|statement||||
||offinancial activities)||||||||(44,779)|91,822|
||Adjustments
for:||||||||||
||Depreciation
charges||||||||7,016|4,575|
||Interest received||||||||(419)|(1,152)|
||Impairment
ofassets|||||||||15,000|
||Decrease
in stocks||||||||10,448|3,131|
||Decrease/(increase)
in debtors
Decrease
in creditors||||||||19,017
~74,343)|(15,737)
~16831)|
||Net cash provided|by (used in) operating|||activities||||~83.D60)|80,808|
|2.|ANALYSIS OF CHANGES||IN NET FUNDS||||||||
||||||||At 1/10/19||Cash flow|At 30/9/20|
|||||||||f|||
||Net cash||||||||||
||Cash at bank||||||409,313||(96,376)|312,937|
||Total||||||409,313||~96,376)|312,937|
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|DONATIO|NS
AND L|EGA|CIES|||
|---|---|---|---|---|---|
|||||2020|2019|
|||||f||
|Donations||||115,427|240,390|
|Legacies||||2,000|20,675|
|Grants||||121,564||
|||||238,991|261,065|
|Grants received,
included|||in the above, are as follows:|||
|||||2020|2019|
||||||F|
|Swansea|City Council|||10,000||
|Neath Port Talbot Council||||10,000||
|Wrexham|County Borough||Council|10,000||
|Gwynedd|Council|||45,000||
|Job Retention
Scheme||||46,564||
|||||121 564||
|INVESTMENT INCOME||||||
|||||2020|2019|
|||||F||
|Deposit account interest||||419|1,152|
|INCOME|FROM CHARITABLE ACTIVITIES|||||
|||||2020
f|2019
F|
|Bookshop|sales|||139,080|247,177|
|Press and|magazine|sales||16,375|23,546|
|Conference centre fees||||34,327|121,832|
|Conferences
income||||6,204|176,941|
|Camps income||||285|107,376|
|Other ministries||||8,554|33,574|
|||||204,825|710,446|
##
##
|CHARITABLE ACTIVITIES COSTS||||
|---|---|---|---|
||Direct costs|Support costs|Totals|
|||(See note 7)||
|||F||
|Bookshops|210,575|19,551|230,126|
|Press and magazines|15,272|33,182|48,454|
|Conference centre|88,168|4,368|92,536|
|Conferences|1,863|37,547|39,410|
|Camps|2,288|41,888|44,176|
|Other ministries|2,686|31,626|34,312|
||320,652|168,162|489,014|
##
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|SUPPORT COSTS|||||
|---|---|---|---|---|
||||Governance||
||Salaries|Other
F|costs
F|Totals
f|
|Bookshops|9,407|9,557|587|19,551|
|Press and magazines|15,966|16,220|996|33,182|
|Conference centre|2,101|2,135|132|4,368|
|Conferences|18,066|18,354|1,127|37,547|
|Camps|20,155|20,475|1,258|41,888|
|Other ministries|15,217|15,459|950|31,626|
||80,912|82,200|5,050|168,162|
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||||Unrestricted|Restricted|Total funds|
|---|---|---|---|---|---|
||||funds|funds||
||||F|||
|INCOME AND ENDOWMENTS||FROM||||
|Donations|and legacies||46,597|214,468|261,065|
|Charitable|activities|||||
|Bookshops|||247,177||247,177|
|Press and|magazines||23,546||23,546|
|Conference|centre||121,832||121,832|
|Conferences|||176,941||176,941|
|Camps|||107,376||107,376|
|Other ministries|||28,695|4,879|33,574|
|Investment|income||1,152||1,152|
|Total|||753,316|219,347|972,663|
##
##
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total funds|
|||funds|funds||
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Bookshops||210,168|76,241|286,409|
|Press and magazines||49,479||49,479|
|Conference centre||113,720||113,720|
|Conferences||211,138||211,138|
|Camps||151,181||151,181|
|Other ministries||49,922|3,992|53,914|
|Other||15,000||15,000|
|Total||800,608|80,233|880,841|
|NET INCOME/(EXPENDITURE)||(47,292)|139,114|91,822|
|Transfers
between|funds|371,031|~371,031)||
|Net movement
in funds||323,739|(231,917)|91,822|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought|forward||||
|As previously
reported||1,553,768|269,048|1,822,816|
|Prior year adjustment||30,707||30,707|
|As Restated||1,584,475|269,048|1,853,523|
|TOTAL FUNDS CARRIED FORWARD||1,908,214|37,131|1,945.345|
|TANGIBLE FIXEDASSETS|||||
|||Freehold|||
|||property
f|Equipment
F|Totals
F|
|COST|||||
|At 1 October 2019||1,448,292|48,871|1,497,163|
|Additions||11,604|2,131|13,735|
|At 30 September 2020||1,459,896|51,002|1,510,898|
|DEPRECIATION|||||
|At 1 October 2019|||23,210|23,210|
|Charge for year|||7,016|7,016|
|At 30 September 2020|||30,226|30,226|
|NET BOOK VALUE|||||
|At 30September 2020||1,459,896|20,776|1,480,672|
|At 30September 2019||1,448,292|25,661|1,473,953|
##
|12.|STOCKS|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2020|2019|
||Stocks|||||||||||139,848|150,296|
|13.|DEBTORS:AMOUNTS||||FALLING DUE WITHIN|||ONE YEAR||||||
|||||||||||||2020|2019|
||||||||||||||f|
||Trade debtors|||||||||||1,253|7,702|
||Other debtors|||||||||||5,139|15,219|
||VAT||||||||||||12,840|
||Prepayments|and accrued||||income||||||60,437|50,085|
|||||||||||||66,829|85,846|
|14.|CREDITORS:||AMOUNTS|||FALLING|DUE WITHIN ONE YEAR|||||||
|||||||||||||2020|2019|
|||||||||||||E||
||Trade creditors|||||||||||7,652|78,408|
||Social security||and other||taxes|||||||2,396|2,309|
||VAT|||||||||||30,298||
||Other creditors|||||||||||2,653|4,728|
||Accruals and|deferred||income||||||||56,721|88,618|
|||||||||||||99,720|174,063|
||Included
within||accruals||and deferred||income above is the||following|deferred|income:|||
|||||||||||||2020|2019|
|||||||||||||F||
||Camps|||||||||||20,103|1,296|
||The deferred|income||relates to income received||||in advance|ofservice delivery.|||||
|15.|LEASING AGREEMENTS|||||||||||||
||Minimum
lease||payments|||under non-cancellable||operating|leases fall due as||follows:|||
|||||||||||||2020|2019|
||||||||||||||F|
||Within one year|||||||||||24,112|6,416|
||Between one|and five||years||||||||8,886||
|||||||||||||32,998|6,416|
##
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##
|||||||Net movement|Transfers||
|---|---|---|---|---|---|---|---|---|
||||||At 1/10/19|in funds|between
funds|At 30/9/20|
|||||||E|F||
|Unrestricted
funds|||||||||
|General
fund|||||204,340|(56,154)|26,077|174,263|
|Stock fund|||||150,296||(10,448)|139,848|
|Capital asset fund
BYG Designated|Development||fund||1,473,953
79,625|~3,405)|6,720
~10,279)|1,480,673
65,941|
||||||1,908,214|(59,559)|12,070|1,860,725|
|Restricted funds|||||||||
|BYG Development|fund|||||12,070|(12,070)||
|Auntie Bessie Camp Support|||fund||12,350|4,580||16,930|
|JE Davies flowers|fund||||12,734|1,800||14,534|
|Llwybrau
fund|||||7,168|(3,670)||3,498|
|Shows and Fairs|Evangelism||||4879|||4,879|
||||||37,131|14,780|(12,070)|39,841|
|TOTAL FUNDS|||||||||
|Net movement
in|funds,|included||in the above are as follows:|||||
|||||||Incoming|Resources|Movement
in|
|||||||resources|expended|funds|
|||||||F||F|
|Unrestricted
funds|||||||||
|General
fund
BYG Designated|Development||fund|||279,926|(336,080)
~3,405)|(56,154)
~3,405)|
|||||||279,926|(339,485)|(59,559)|
|Restricted funds|||||||||
|Specific donations||||||145,859|(145,859)||
|BYG Development|fund|||||12,070||12,070|
|Auntie Bessie Camp Support|||fund|||4,580||4,580|
|JEDavies flowers
Llwybrau
fund|fund|||||1,800|~3.670)|1,800
~3,670)|
|||||||164,309|(149,529)|14,780|
|TOTAL FUNDS||||||444,235|~489,014)|~44,779)|
##
##
|Comparatives
for|Comparatives
for|movement|movement|in|funds|funds|||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Prior year|Net movement|Transfers||
||||||At|1/10/18|adjustment|in funds
f|between
funds
f|At 30/9/1 9
f|
|Unrestricted
Funds|||||||||||
|General
fund||||||243,658|30,707|(30,598)|(39,427)|204,340|
|Stock fund||||||153,427|||(3,131)|150,296|
|Capital asset fund||||||869,410||(15,000)|619,543|1,473,953|
|BYG Designated
Development
fund||||||287,273||~1,694)|~205.954)|79,625|
||||||1,553,768||30,707|(47,292)|371,031|1,908,214|
|Restricted Funds|||||||||||
|BYG Development||fund||||241,394||129,637|(371,031)||
|Auntie Bessie Camp Support|||||||||||
|fund||||||6,620||5,730||12,350|
|JEDavies flowers|fund|||||12,122||612||12,734|
|Llwybrau
fund||||||8,912||(1,744)||7,168|
|Shows and Fairs|Evangelism|||||||4,879||4,879|
|||||||269,048||139,114|(371,031)|37,131|
|TOTAL FUNDS|||||1,822,816||30,707|91,822||1,945,345|
|Comparative
net movement|||in|funds,||included|in the above are|as follows:|||
|||||||||Incoming|Resources|Movement
in|
|||||||||resources
f|expended|funds
f|
|Unrestricted
funds|||||||||||
|General
fund||||||||753,316|(783,914)|(30,598)|
|BYG Designated
Capital asset fund|Development|||fund|||||(1,694)
~15.000)|(1,694)
~15.000)|
|||||||||753,316|(800,608)|(47,292)|
|Restricted funds|||||||||||
|Specific donations||||||||76,241|(76,241)||
|BYG Development||fund||||||129,637||129,637|
|Auntie Bessie Camp Support|||fund|||||6,790|(1,060)|5,730|
|JE Davies flowers|fund|||||||1,800|(1,188)|612|
|Shows and Fairs
Llwybrau
fund|Evangelism|||||||4,879|~1,744)|4,879
~1,744)|
|||||||||219,347|(80,233)|139,114|
|TOTAL FUNDS||||||||972.663|)880.841)|91,822|
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|di|sclosed
in note 8:||||
|---|---|---|---|---|
||||2020|2019|
||||f|F|
|P|Swann|Preaching||468|
|A|Pitt|Preaching||210|
|M|Thomas|Preaching||75|
|M|Francis|Preaching||50|
|R|Murphy|Preaching||84|
|S|Jones|Preaching||118|