## ## ||Page| |---|---| |Structure
and Management|| |Reference and Administrative
Details|| |Governance
Report|| |Independent
Examiner's
Report|| |Statement
of Financial
Activities|10| |Balance Sheet|| |Notes to the Financial Statements|12| ## ## ## ## ||||THE CONGREGATION
OF YAHWEH|THE CONGREGATION
OF YAHWEH||| |---|---|---|---|---|---|---| ||||27a Carlton Road,|||| ||||Sneinton,
Nottingham,
NG3 2DG|||| ||||Chari
Registration
No: 245132|||| |Reference||and Administrative
Details||||| |Bankers:|||Santander
Business Banking|||| ||||Bridle Road, Bootle, L304GB|||| ||||Nationwide
Building Society|||| ||||Kings Park Road, Moulton
Park,|Northampton,||NN3 ONW| ||||The Charity Bank Ltd|||| ||||Fosse House, 182 High Street, Tonbridge,||TN9|1BE| |Independent||Examiner:|Jason Seagrave FCCA, Seagrave French||LLP,|| ||||1 Poplars Court, Lenton Lane, Nottingham,||NG7 2RR|| |Solicitors:|||Bird, Wilford
&Sale|||| ||||20 Church Gate, Loughborough,|Leics. LE11 1UD||| |Insurance|Brokers:||BHIB Insurance
Brokers|||| ||||Grove Park, AGM House, 3 Barton Close,||Enderby,|| ||||Leicester, LE191SJ|||| |Investment||Advisors:|1825|||| ||||1 Holly Street, Sheffield, S1 2GT|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Unrestricted|Restricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---|---| ||||Note|Funds
f||Funds
6||2020
6|2019
f| |Incoming
Resources|||||||||| |Incoming
Resources from generated||funds:|||||||| |Voluntary
income|||||||||| |Donations
and gifts||||152,514||20,710||173,224|236,397| |Grants|||||||500|500|| |Activities for generating
funds|||||||||| |Trading
Income||||3,852||||3,852|5,083| |Rental Income||||7,635||||7,635|8,365| |Investment
Income||||8,820||||8,820|8,056| |Net gain on disposal offixed assets|||||200|||200|| |Total incoming
resources||||173|021|21 210||194231|257 901| |Resources Expended|||||||||| |Cost ofgenerating
funds:|||||||||| |Fundraising
trading|||6|7|131|||7 131|7705| |Charitable
expenditure:|||||||||| |Ministerial||||16,759||24,619||41,378|118,901| |Management
and Administration||||127|373|||127373|139347| |||||144|132|24 619||168751|258 248| |Governance costs||||2|100|||2 100|2 100| |Total Resources Expended||||153|363|24|619|177982|268 053| |Net (outgoing)/incoming|resources before||||||||| |Transfers||||(3,091)||3,091|||| |Other recognised
gains/(losses)|||||||||| |Realised gains/(losses)
on|investment|assets|||||||| |Unraalised
gains/(losses)
on investment||assets||~4173||||~4173|9442| |Net Movement
in Funds||||12,394|||(318)|12,076|(710)| |Reconciliation
offunds:|||||||||| |Total funds brought
forward||||869|987|10860||880847|881 557| |Total funds carried forward||||~882|3|JJL542||~82 923|f/80 847| ## ## |||Balance Sh|eet as at 31|Decem|ber 2020||||| |---|---|---|---|---|---|---|---|---|---| ||||||2020|||2019|| ||||Note|E|||||| |Fixed Assets|||||||||| |Intangible
Assets|||9||||||| |Tangible Assets|||10|||432,214|||444,546| |Investments|||11|||212,248|||216,421| |||||||644,462|||660,967| |Current Assets|||||||||| |Debtors|||12|39,354|||42,712||| |Short Term Deposits||||204,913|||174,848||| |Cash at Bank and in hand||||7|475||5 972||| |||||251,742|||223,532||| |Creditors: amounts|falling|due within one year|13|~3281|||3652||| |Net Current Assets||||||24f4 461|||~219 80| |Total assets less current||liabilities|||||||80 47| |Funds:|||||||||| |Unrestricted
funds|||||||||| |General funds||||||859,764|||833,933| |Designated
Funds||||||22617|||36054| |||||||882,381|||869,987| |Restricted
Funds||||||10542|||10860| |Total Funds|||15|||~892|||| ## ## ## ## ## ## |2|Donations|Donations|and GIRs|and GIRs|||2020|2019| |---|---|---|---|---|---|---|---|---| ||||||||6|| ||Unrestricted|||||||| ||Donations||and gifts||||12,453|20,732| ||Tithes||||||114,681|123,874| ||Events||||||4,589|9,300| ||Others|||||||| ||Income|tax|credits||||20 791|20 455| ||||||||152,514|174,361| ||Restricted||Donations|||||| ||Donations||and gifts||||20 710|62036| ||||||||173224|236397| |3|Trading|Activities||||2020
8||2019
8| ||Trading|Income||||||| ||Printing|||||3,650||5,070| ||Sundry|Sales||||202||13| |||||||3852||5 083| |4|Investment||Income|||2020f||2019
f| ||Interest|Received||||1,175||587| ||Income|receivable||from investment|funds and unit trusts|7645||7469| |||||||8820||8056| ## ## ## |6|Analysis ofTotal Resour|ces Expended||||||| |---|---|---|---|---|---|---|---|---| ||||Staff|Other direct||Other|Total|Total| |||Costs|||Costs
8|Costs
E|2020f|2019| ||Fundraising
trading|||||||| ||Trading
expenditure|||||||| ||Publishing||||6,698|433|7,131|7,705| ||Ministerial||||38,975|2,403|41,378|118,901| ||Management
and administration||81„952||35,925|9,496|127,373|139,347| ||Governance
costs|||||2 100|2 100|2 100| ||||81 952||81 598|14432|177982|268 053| |7|Other Costs include:||||||2020|2019| ||||||||8|K| ||Independent
Examiner's|remuneration|||||2,100|2,100| ||Loss on disposal offixed|assets||||||| ||Depreciation
and amortisation||||||~12332|12 981| ||||||||14432|15081| |8|Staff Costs||||||2020|2019| ||||||||6|6| ||Wages and Salaries||||||78,823|91,723| ||Social Security costs||||||1,652|3,293| ||Pension costs||||||1 477|1 339| ||||||||81 952|96355| ||Average
number ofemployees|||||||| ||No employee was paid 660,000 per annum||or above.|||||| ||The allocation ofstaff costs by department||are analysed||in note 6 above.|||| |9|Intangible
Fixed Assets|||||||Website| ||Cost|||||||| ||1 January 2020|||||||10,055| ||Additions|||||||| ||31 December 2020|||||||10055| ||Depreciation|||||||| ||At 1 January 2020|||||||10,055| ||Charge for the year|||||||| ||31 December 2020|||||||10055| ||Net Book Value|||||||| ## ||Not|es Forming Part ofthe Finan|cial Statement|s for the Year|Ended 31|Dec|ember 2020| |---|---|---|---|---|---|---|---| |10|Tangible Fixed|Assets|Plant and|Fixtures|Land and||Total| ||||Machinery|and|Buildings||| |||||Fittings
f|||| ||Cost||||||| ||1 January 2020||4,709|110,856|549,728||665,293| ||Additions||||||| ||Disposals|||~42 457|||~42457| ||31 December 2020||4709|68399|549728||622 836| ||Depreciation||||||| ||1 January 2020||1,730|109,952|109,065||220,747| ||Charge for the year
Disposals||433|904
~42457|10,995||12,332
~42457| ||31 December 2020||2 163|68399|120060||190622| ||Net Book Value||||||| ||31 December 2020||~2546||~429 668||~432214| ||31 December 2019||2 979|904|440 663||444 546| ||The trustees are|ofthe opinion that the market|value of the Land and Buildings||is significantly||higher than the carrying| ||value. However,|given most ofthese properties|are churches,|it is impractical|to quantify|the|difference.| ## |Fixed Asset Investments|| |---|---| |Market value|| |1 January 2020|216,421| |Additions|| |Disposal proceeds
Net investment
gains/(losses)|~4173| |31 December 2020|212248| ||All fixed asset investments,|All fixed asset investments,|All fixed asset investments,|except|f250 of silver|coins,|relate to investment|trusts and unit|trusts and unit|trusts|and are administered|and are administered| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||by the fund managers||Old Mutual||Wealth. The trustees||are of the opinion|that|the valuation|will|have altered|since the| ||year end, as is expected|||with such investments||which|fluctuate
daily. However,||it is considered||impractical|to quantify| ||the difference.|||||||||||| |12|Debtors: amounts|falling||due within one year|||||2020
f|||2019| ||Trade Debtors|||||||||||| ||Other Debtors||||||||5,040|||5,678| ||Prepayments
and accrued|||income|||||3,030|||3,500| ||Loans||||||||31 284|||33534| ||||||||||39354|||42 712| |13|Creditors: amounts||falling due within one year||||||2020f|||2019
f| ||Other Creditors||||||||1,181|||1,552| ||Accruals||||||||2 100|||2 100| ||||||||||3281|||3652| ## ||||||Net|||| |---|---|---|---|---|---|---|---|---| |Analysis of Net|Assets|between|Funds|Fixed|Current||Total|| |||||Assets
F|Assets
f|||| |Unrestricted
Funds||||||||| |General funds||||644,462|215,302||859,764|| |Designated
Funds:||||||||| |The Feast Tithe|Fund|||||548||548| |Legacy Fund|||||20,285||20,285|| |Other designated|funds||||1,784||1,784|| |Restricted Funds||||||||| |International
Development||Fund|||6,558||6,558|| |The Building
Fund|||||1,783||1,783|| |Other restricted|funds||||2|201|2|201| |Total Funds||||644462|248|461|892|923| ||congregations;
to su|congregations;
to su|pply
bible|s, food, wate|s, food, wate|r and m|edicine|to countries
c|urr|ently
in fellow|ship
with|ship
with|CoY|UK.|UK.| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||The Building
Fund||consists|of donations||towards|the|refurbishment|of|the Charity's|properties||on|Carlton|| ||Road, Nottingham.||||||||||||||| |15|Summary offund|movements|||||||||||||| |||||Fund|||||||||Fund||| ||||balances||as|||||Transfers and||balances|||as| ||||at|1 January||Incoming||Outgoing||Gains i||at 31December|||| |||||2020f||resources
f||resources
f||(losses)
f|||2020
f||| ||Unrestricted
Funds||||||||||||||| ||General funds|||833,933||172,234||(141,771)||(4,632)||||859,764|| ||Designated
Funds:||||||||||||||| ||The Feast Tithe Fund||||89|||||459|||||548| ||Legacy Fund|||31,205|||12|(10,932)|||||||20,285| ||Other designated|funds||4,760|||775|(660)||(3,091)|||||1,784| ||Restricted
Funds||||||||||||||| ||International||||||||||||||| ||Development
Fund||||||7,029|(471)|||||||6,558| ||The Building
Fund
Other restricted
funds|||9,619
1 241|||5,464
8717|(16,391)
~7757||3,091|||||1,783
2 201| ||TotalFunds|||880|847|194231||177982||4 173||||892 923|| ## ## |Operating|Lease Commitments||||| |---|---|---|---|---|---| |At the year|end the charity had the following|annual|commitments:||| |Operating|leases which expire|||2020
9|2019| |Within one|year|||3,109|4,146| |In the second to fiRh years|||||| ## ##