| Report ofthe Trustem | 1 | to | 5 |
|---|---|---|---|
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 9 | to | 16 |
| Detailed Statement ofFinancial Activities | 17 | to | 18 |
| for the Year Ended 31Decem | ber 2021 | |||||
|---|---|---|---|---|---|---|
| 31.1221 | 31.12.20 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | fimds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
204,460 | 31,131 | 235491 | 222,534 | ||
| Other trading activities | 207 | 207 | 531 | |||
| Investment income |
7/09 | 7409 | 7349 | |||
| Other income | 3,763 | 3,763 | 9447 | |||
| Total | 211,669 | 35,101 | 246,770 | 239,561 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| The Church | 213,877 | 12,998 | 226dt75 | ]58,351 | ||
| Outreach and Worship Management and administration |
ofthe | 6,689 | 26,442 | 33,131 | 38,645 | |
| charity | 20,124 | 20,124 | 20,467 | |||
| Total | 240,690 | 39,440 | 280,130 | 217,463 | ||
| NET INCOME/(EXPENDITURE) | (29,021) | (4439) | (33~) | 22,098 | ||
| Trsasfers between funds | 10 | (5452) | 5452 | |||
| Net movement in fuads |
(34473) | 1,013 | (33460) | 22,098 | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
1dt65,670 | 5,742 | ldt71,412 | 1,849,314 | ||
| TOTAL FUNDS CARRIED | FORWARD | Idk31497 | 6,755 | 1308,052 | 1,871,412 |
| 31.1221 | 31.12.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Notes | funds f |
fimds | fuads f |
fundsf | |
| FIXEDASSETS | |||||
| Tangible assets | 6 | 1,770,000 | 1,770,000 | 1,770,000 | |
| CURRENT ASSETS | |||||
| Debtors | 8,983 | 1,075 | 10,058 | 11,805 | |
| Cash at bank and in hand | 64,657 | 5,721 | 70478 | 91,514 | |
| 73,640 | 6,796 | 80,436 | 103,319 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(12443) | (41) | (12484) | (1,907) | |
| NET CURRENT ASSETS | 61497 | 6,755 | 68,052 | 101,412 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 1,831497 | 6,755 | ldt3tk052 | 1,871,412 | |
| NETASSETS | 1d01497 | 6,755 | 1,838,052 | 1,871,412 | |
| FUNDS | 10 | ||||
| Unrestricted funds |
1,831497 | 1,865,670 | |||
| Restricted funds | 6,755 | 5,742 | |||
| TOTAL FUNDS | IW8,052 | 1,871,412 |
| for t | he Year Ended 31December 2021 | ||||
|---|---|---|---|---|---|
| 5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES - continued | |||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| f | f | ||||
| TOTAL FUNDS CARRIED FORWARD | 1,865,670 | 5,742 | 1,871,412 | ||
| 6. | TANGIBLE FIXEDASSETS | ||||
| Freehold | Motor | ||||
| property f |
vehicles 6 |
Totals f |
|||
| COST | |||||
| At I January 2021 and 31December 2021 | 1,770,000 | 93181 | 1,779,881 | ||
| DEPRECIATION | |||||
| At I January 2021 and 31 December 2021 |
9dtgl | 9dtgl | |||
| NET BOOKVALUE | |||||
| At 31December 2021 | 1,770,000 | 1,770,000 | |||
| At 31December 2020 | 1,770,000 | 1,770,000 | |||
| 7. | DEBTORS:AMOIJNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.12.21 | 31.12.20 | ||||
| 6 | |||||
| Other debtors | 235 | 627 | |||
| Gift Aid | 92123 | 9,604 | |||
| Prepayments | 1,574 | ||||
| 10,058 | 11,805 | ||||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.1221 | 31.12.20 | ||||
| f | |||||
| Bank loans and overdrafts (see note 9) |
1,031 | ||||
| Trade creditors | 3,971 | 228 | |||
| Social security and other taxes |
(235) | ||||
| Other creditors | 73113 | 283 | |||
| Accrued expenses | 600 | 600 | |||
| 12484 | 1,907 |
| Net movement in funds, included |
Net movement in funds, included |
in the above are as follows: | |||
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| fesoufces f |
expended f |
in funds | |||
| IJnrestrlcted fuads |
|||||
| General fund |
211,669 | (240,690) | (29,021) | ||
| Restricted fuads | |||||
| Missionary Fund |
18,815 | (14,469) | 4@46 | ||
| Special Offerings | 3484 | (10428) | (7,044) | ||
| Fellowship Fund |
I | (2456) | (L255) | ||
| HMRC JRSGrants | 3,763 | (3&763) | |||
| Football | 1,000 | 1,000 | |||
| Dalit | 991 | (1,171) | (180) | ||
| Foodbank | 695 | (695) | |||
| Hope Bedfordshire | 3,662 | (3,737) | (75) | ||
| Impact | 670 | (670) | |||
| India Giving | 1,605 | (1,605) | |||
| Life in the Spirit | 615 | (746) | 131 | ||
| TOTALFUNDS | |||||
| 35,101 | (39,440) | (4439) | |||
| Comparatives for movement |
in | fands | 246,770 | (280,130) | (33460) |
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.1.20 | in funds | funds | 31.12.20 | ||
| Unrestricted funds |
f | f | f | f | |
| General fund |
69,529 | 31,905 | (5,924) | 95,510 | |
| Property Fund |
1,770,000 | 1,770,000 | |||
| Needs Fund | 160 | ||||
| 1,839,529 | 32,065 | (5,924) | 1,865,670 | ||
| Restricted funds | |||||
| Missionary Fund |
1,065 | (4,669) | 3,604 | ||
| Outreach Fund |
(180) | 180 | |||
| Special Offerings | 2,913 | 2,166 | 5,079 | ||
| Fellowship Fund |
1,396 | (2,873) | 2,140 | 663 | |
| Rutland Road re Josh Loeshcer | 4,411 | (4,411) | |||
| 9,785 | (9,967) | 5,924 | 5,742 | ||
| TOTAL FUNDS | 1,849,314 | 22,098 | 1,871,412 |
| Incoming | Resources | Movement | |||||
|---|---|---|---|---|---|---|---|
| resources | expended f |
in funds | |||||
| Unrestricted funds |
|||||||
| General fund | 200330 | (168,425) | 31,905 | ||||
| Needs Fund | 160 | 160 | |||||
| 200,490 | (168,425) | 32,065 | |||||
| Restricted funds | |||||||
| Missionary Fund |
16,811 | (21,480) | (4,669) | ||||
| Outreach Fund |
(180) | (180) | |||||
| Special Offerings | 13,013 | (10,847) | 2,166 | ||||
| Fellowship Fund |
(2,873) | (2,873) | |||||
| Rutland Road re Josh Loeshcer | (4,411) | (4,411) | |||||
| HMRC JRSGrants | 9,247 | (9247) | |||||
| 39,071 | (49,038) | (9,967) | |||||
| . | TOTALFUNDS | 239,561 | (217,463) | 22,098 | |||
| A current year 12months and prior year 12months | combined | position | is as follows: | ||||
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1.1.20 | in funds | funds | 31.12.21 | ||||
| f | f | f | |||||
| Unrestricted ibnds |
|||||||
| General fund |
69,529 | 2,884 | (11,276) | 61,137 | |||
| Property Fund |
1,770,000 | 1,770,000 | |||||
| Needs Fund | 160 | 160 | |||||
| 1,839,529 | (11,276) | 1,831,297 | |||||
| Restricted fuads | Missionary | ||||||
| Fund | 1,065 | (323) | 3,424 | 4,166 | |||
| Outreach Fund |
(180) | 180 | |||||
| Special Offerings | 2,913 | (4,878) | 2,421 | 456 | |||
| Fellowship Fund |
1,396 | (5,128) | 4,740 | 1,008 | |||
| Rutland Road re Josh | 4,411 | (4,411) | |||||
| Loeshcer Football | 1,000 | 1,000 | |||||
| IJalit | (180) | ]80 | |||||
| Hope Bedfordshire | (75) | 200 | |||||
| Life in the Spirit | (131) | 131 | |||||
| 9,785 | (14,306) | 11476 | 6,755 | ||||
| TOTALFUNDS | 1,849314 | (11,262) | 1,838,052 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| fesoufcas | expended | in funds | |||
| f, | 8 | ||||
| Unrestricted | funds | ||||
| General fund |
411,999 | (409,115) | 2,884 | ||
| Needs Fund | 160 | 160 | |||
| 412,159 | (409,115) | ||||
| Restricted funds |
Missionary | ||||
| Fund | 35,626 | (35,949) | (323) | ||
| Outreach Fund |
(180) | (180) | |||
| Special Olferings | 16,297 | (21,175) | (4,878) | ||
| Fellowship Fund |
I | (5,129) | (5,128) | ||
| Rutland Road | re Josh | (4,411) | (4,411) | ||
| Loeshcer HMRC | JRSGrants | 13,010 | (13,010) | ||
| Football | 1,000 | 1,000 | |||
| Dalit | 991 | (1,171) | (180) | ||
| Foodbank | 695 | (695) | |||
| Hope Bedfordshire | 3,662 | (3,737) | (75) | ||
| Impact | 670 | (670) | |||
| India Giving | 1,605 | (1,605) | |||
| Life in the Spirit | 615 | (746) | (131) | ||
| 74,172 | (88,478) | (14,306) | |||
| TOTALFUNDS | 486/31 | (497,593) | (11,262) |
| for the Year Ended | 31 | Dec | ember 2021 | ||
|---|---|---|---|---|---|
| 31.12.21 | 31.12.20 | ||||
| f | |||||
| INCOME AND ENDOWMENTS | |||||
| Donations and legacies |
|||||
| Donations | 194,489 | 184,604 | |||
| Gifi aid | 35,102 | 37,930 | |||
| Legacies | 5,000 | ||||
| Grants | 1,000 | ||||
| 235491 | 222,534 | ||||
| Other trading activities | |||||
| Fundraising events |
207 | 531 | |||
| investment income |
|||||
| Rents received | 7400 | 7400 | |||
| Deposit account interest | 9 | 49 | |||
| 7v209 | 7349 | ||||
| Other income | |||||
| Job retention scheme |
grant | 3,763 | 9347 | ||
| Total incoming resources | 246,770 | 239,561 | |||
| EXPENDITURE | |||||
| Charitable activities |
|||||
| Wages | 150,454 | 132,348 | |||
| Social security | tk386 | 6,837 | |||
| Pensions | 18,982 | 2,622 | |||
| Upkeep ofChurch and othe |
rproperties | 17,750 | 4,680 | ||
| Mission Support | 468 | 500 | |||
| Outreach | 3433 | 2,004 | |||
| Fellowship Fund |
2456 | 2,873 | |||
| Worship Resources | 3424 | 3,691 | |||
| Youth Work | 658 | 1,383 | |||
| Ministry Expenses |
43118 | 4,777 | |||
| Children's work |
557 | 383 | |||
| Motor and travel expenses | 1,647 | 1,615 | |||
| Mentoring dt Discipleship |
679 | 131 | |||
| Publicity | 1,480 | 1,709 | |||
| Prayer | 317 | 273 | |||
| Staffrelocation costs | 986 | ||||
| Independent examiners |
fees | 720 | |||
| Legal dt professional | costs | 7,140 | |||
| Grants to institutions | 173111 | 16,526 | |||
| Grants to individuals | 15,151 | 14,770 | |||
| 257,117 | 197,722 |
| 31.12.21 | 31.12.20 | ||||
|---|---|---|---|---|---|
| Support costs | |||||
| Management | |||||
| Other operating | leases | 907 | 1,121 | ||
| Rates and water | 289 | 568 | |||
| Insurance | 3,026 | 2,687 | |||
| Light and heat | 4,724 | 4,432 | |||
| Telephone and |
postage | 1,634 | 1,628 | ||
| Postage and stationery | 2,166 | 2,685 | |||
| Sundries | 1,150 | 2,118 | |||
| Motor (k travelling | costs | 1,072 | 228 | ||
| Office dt administrator | costs | 367 | 587 | ||
| Service care (flowers, catering, books and | |||||
| tapes) | 124 | 25 | |||
| Minibus ITand other equipment Book-keeping |
2,793 ~0 1~9 |
607 1350 1,436 |
|||
| PPE | 50 | 132 | |||
| Payroll services | 509 | ||||
| 19,504 | |||||
| Finance | |||||
| Bank charges | 101 | 83 | |||
| Human resources |
|||||
| DBSchecks | 252 | 154 | |||
| Totalresources expended |
280,130 | 217,463 | |||
| Net(expenditure)/income | (33460) | 22,098 |
| 9. | LOANS | ||||
|---|---|---|---|---|---|
| An analysis ofthe maturity ofloans is given below: | |||||
| 31.12.21 | 31.12.20 | ||||
| g | |||||
| Amounts falling due within one year on demand: |
|||||
| Bank overdrags | 1,031 | ||||
| 10. | MOVEMENT IN FUNDS | ||||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.1.21 | in funds | funds | 31.12.21 | ||
| 5 | |||||
| Unrestricted funds |
|||||
| General fund |
95410 | (29&021) | (5452) | 61&137 | |
| Property Fund |
1,770,000 | 1,770,000 | |||
| Needs Fund | 160 | 160 | |||
| Restricted funds | IW5,670 | (29,021) | (5352) | Idk31497 | |
| Missionaty Fund |
4446 | (I80) | 4,166 | ||
| Special Offerings | 5,079 | (7,044) | 2,421 | 456 | |
| Fellowship Fund |
663 | (2455) | 2,600 | 1,008 | |
| Football | 1,000 | 1,000 | |||
| Dalit | (180) | 180 | |||
| Hope Bedfordshire | (75) | 200 | 125 | ||
| Life in tbe Spirit | (13]) | 131 | |||
| 5,742 | (4&339) | 5&352 | th755 | ||
| TOTAL FUNDS | 13171&412 | (33~) | 13138&052 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| f | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies |
193,241 | 29,293 | 222,534 | |
| Other trading activities |
531 | 531 | ||
| Investment income |
7,249 | 7,249 | ||
| Other income | 9,247 | 9447 | ||
| Total | 200,490 | 39,071 | 239,561 | |
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| The Church | 144,693 | 13,658 | 158,351 | |
| Outreach and Worship Management and administration |
ofthe charity | 3,265 20,467 |
35,380 | 38,645 20,467 |
| Total | 168,425 | 49,038 | 217,463 | |
| NET INCOME/(EXPENDITURE) | 32,065 | (9,967) | 22,098 | |
| Transfers between funds |
(5,924) | 5,924 | ||
| Net movement in lhnds |
26,141 | (4,043) | ||
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward |
1,839,529 | 9,785 | 1,849,314 |