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||Page|
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|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|
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||||THE CONGREGATION
OF YAHWEH|||
|---|---|---|---|---|---|
||||27a Carlton Road,|||
||||Sneinton,
Noitingham,
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||
|Insurance|Brokers:||BHIB Insurance
Brokers|||
||||Grove Park, AGM House, 3Barton Close,|Enderby,||
||||Leicester, LE191SJ|||
|Investment||Advisors:|1825|||
||||1 Holly Street, SheiYield, S1 2GT|||
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||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2021|2020|
|||||Note||6|8||
|Incoming
Resources|||||||||
|Incoming Resources from generated||funds:|||||||
|Voluntary
income|||||||||
|Donations
and gifts|||||160,754|40,859|201,613|173,224|
|Grants||||||||500|
|Activities for generating
funds|||||||||
|Trading
Income|||||3,452||3,452|3,852|
|Rental Income|||||9,416||9,416|7,635|
|Investment
Income|||||2,739||2,739|8,820|
|Net gain on disposal offixed|assets|||||||200|
|Total incoming resources|||||176361|40 859|217220|194231|
|Resources Expended|||||||||
|Cost ofgenerating
funds:|||||||||
|Fundraising
trading||||6|6 190||6 190|7131|
|Charitable
expenditure:|||||||||
|Ministerial|||||32,961|7,468|40,429|41,378|
|Management
and Administration|||||130888||130888|127373|
||||||163849|7468|171317|168751|
|Governance costs|||||2 100||2 100|2 100|
|Total Resources Expended|||||172139|7468|179607|177982|
|Net
(outgoing)/incoming
transfers|resources||before||4,222|33,391|37,613|16,249|
|Transfers|||||||||
|Other recognised
gains/(losses)|||||||||
|Realised gains/(losses)
on investment||assets|||||||
|Unrealised
gains/(losses)
on investment||assets|||15927||15927|~4173|
|Net Movement
in Funds|||||20,149|33,391|53,540|12,076|
|Reconciliation
offunds:|||||||||
|Total funds
brought
forward|||||882 381|10542|892923|880 847|
|Total funds carried forward|||||||||
##
||Balance Sh|eet as at 31|Decem|ber 2021|||||
|---|---|---|---|---|---|---|---|---|
|||||2021|||2020||
|||Note|E||||||
|Fixed Assets|||||||||
|Intangible
Assets||9|||||||
|Tangible Assets||10|||428,152|||432,214|
|Investments||11|||288,175|||212,248|
||||||716,327|||644,462|
|Current Assets|||||||||
|Debtors||12|31,853|||39,354|||
|Short Term Deposits|||182,941|||204,913|||
|Cash at Bank and|in hand||18|503||7475|||
||||233,297|||251,742|||
|Creditors: amounts|falling due within one year|13|~3161|||3281|||
|Net Current Assets|||||230 136|||248461|
|Total assets less|current liabilities|||||||59222|
|Funds:|||||||||
|Unrestricted
funds|||||||||
|General funds|||||886,464|||859,764|
|Designated
Funds|||||16066|||22 617|
||||||902,530|||882,381|
|Restricted
Funds|||||43933|||10542|
|Total Funds||15||||||892923|
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|2|Donations||and Gifts|and Gifts|||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||8|8|
||Unrestricted||||||||
||Donations
Tithes|and gifts|||||8,646
127,709|12,453
114,681|
||Events||||||7,111|4,589|
||Others||||||||
||Income tax||credits||||17288|20 791|
||||||||160,754|152,514|
||Restricted||Donations||||||
||Donations|and gifts|||||40859|20710|
||||||||201 613|173224|
|3|Trading Activities|||||2021
F||2020
8|
||Trading Income
Printing|||||3,302||3,650|
||Sundry Sales|||||150||202|
|||||||3452||3852|
|4|Investment||Income|||2021||2020|
|||||||S||8|
||Interest Received|||||890||1,175|
||Income receivable|||from investment|funds and unit trusts|1 849||7645|
|||||||2739||8820|
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|6|Analysis ofTotal Resour|ces Expended|||||||
|---|---|---|---|---|---|---|---|---|
||||Staff|Other direct||Other|Total|Total|
|||Costs
f|||Costs
6|Costs
6|2021
6|2020
6|
||Fundraising
trading||||||||
||Trading
expenditure||||||||
||Publishing||||4,938|1,252|6,190|7,131|
||Ministerial||||31,096|9,333|40,429|41,378|
||Management
and administration||85,939||43,287|1,662|130,888|127,373|
||Governance
costs|||||2 100|2 100|2 100|
||||85939||79321|14347|179607|177982|
|7|Other Costs include:||||||2021|2020|
||||||||6|6|
||Independent
Examiner's|remuneration|||||2,100|2,100|
||Loss on disposal offixed|assets|||||||
||Depreciation
and amortisation||||||12247|12332|
||||||||14347|14432|
|8|Staff Costs||||||2021|2020|
||||||||6|6|
||Wages and Salaries
Social Security costs||||||82,387
1,948|78,823
1,652|
||Pension costs||||||1 604|1 477|
||||||||85939|81952|
||Average number ofemployees||||||||
||No employee was paid 660,000 per annum||or above.||||||
||The allocation ofstaff costs by department||are analysed||in note 6above.||||
|9|Intangible
Fixed Assets|||||||Website
6|
||Cost||||||||
||1 January 2021|||||||10,055|
||Additions||||||||
||31 December 2021|||||||10055|
||Depreciation||||||||
||At1 January2021|||||||10,055|
||Charge for the year||||||||
||31 December 2021|||||||10055|
||Net Book Value||||||||
||31December 2021||||||||
||31 December 2020||||||||
##
|||||THE CONG|THE CONG|REGATION|OF YAHWEH|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Notes Forming|||Part ofthe Financial||Statements|for the Year|Ended 31||December 2021||||
|10|Tangible Fixed Assets||||Plant and||Fixtures||Land and||||Total|
||||||Machinery||and||Buildings|||||
||||||||Fittings|||||||
||||||||E|||||||
||Cost|||||||||||||
||1 January 2021
Additions|||||4,709
8,185|68,399||549,728||||622,836
8,185|
||Disposals|||||||||||||
||31 December 2021|||||12894|68399||549 728||||631 021|
||Depreciation
1 January 2021
Charge for the year|||||2,163
1,252|68,399||120,060
10,995||||190,622
12,247|
||Disposals|||||||||||||
||31 December 2021|||||3415|68399||131055||||202 869|
||Net BookValue|||||||||||||
||31 December 2021|||||~9479|||~418673||||~428 152|
||31 December 2020|||||2 546|||429668||||432 214|
||The trustees are of|the opinion that the market value ofthe Land and Buildings|||||||is significantly
higher than||||the carrying|
||value. However,
given most|||ofthese properties|are churches,||it is impractical|to quantify||the difference.||||
|11|Fixed Asset Investments|||||||||||||
||Market value|||||||||||||
||1 January 2021||||||||||||212,248|
||Additions||||||||||||60,000|
||Disposal proceeds
Net investment
gains/(losses)||||||||||||15927|
||31 December 2021||||||||||||288 175|
||All fixed asset investments,|||except L'250 of silver||coins, relate|to investment|trusts and||unit|trusts and|are administered||
||by the fund managers||1825.The trustees are ofthe 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|||||||2021||||2020|
||||||||||8|||||
||Trade Debtors|||||||||||||
||Other Debtors||||||||2,224||||5,040|
||Prepayments
and accrued income
Loans||||||||2,095
27534||||3,030
31 284|
||||||||||31853||||39354|
|13|Creditors: amounts||falling|due within one year|||||2021||||2020|
||||||||||6||||E|
||Other Creditors||||||||1,061||||1,181|
||Accruals||||||||2 100||||2 100|
||||||||||3 161||||3281|
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||||||||||||||||||||||Net|Net||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|14|Analysis of Net Assets|||between|||||Funds|||||||Fixed||||Current||||||||Total||
||||||||||||||||Assets|||||Assets||||||||||
|||||||||||||||||E||||||6||||||||
||Unrestricted
Funds|||||||||||||||||||||||||||||
||General funds|||||||||||||||716,327||||||170,137|||||||886,464|
||Designated
Funds:|||||||||||||||||||||||||||||
||Legacy Fund
Other designated|funds||||||||||||||||||||15,762
304|||||||15,762
304|
||Restricted
Funds|||||||||||||||||||||||||||||
||International
Development
The Building
Fund||||Fund|||||||||||||||||13,066
8,416|||||||13,066
8,416|
||ARK Food Bank Projects|||||||||||||||||||||20,000|||||||20,000|
||Other restricted
funds||||||||||||||||||||||2|451|||||2451|
||Total Funds|||||||||||||||716327||||||230||136|||||946 463|
||The Legacy Fund|consists|||of|a||legacy left|||to the charity||||in the will ofa longstanding||||||||member||primarily||||(but not|
||exclusively)
to be|used|for||professionally||||||recording||the||Songs|of the|Congregation||||||and getting|||them|||into the|
||public domain.|||||||||||||||||||||||||||||
||The International|Development||||||Fund aims to provide||||||financial||support||for those asked to|||||||visit churches
or|||||
||mission
projects|overseas;|||to|||provide||resources|||and||literature
to train||||members|||||of likeminded||||overseas||
||congregations;
to|supply||bibles,||||food, water and||||medicine|||to countries||currently||||in|fellowship|||with CoY||||UK.|
||The Building
Fund consists|||||of||donations|||towards||the||refurbishment||of||the|Charity's||||properties|||on||Carlton|
||Road, Nottingham.|||||||||||||||||||||||||||||
||The ARK Food Bank Projects|||||||Fund consists ofa|||||donation
from one||||individual||||to||be used||for the|||Ark Food||
||Bank and its projects.||It has been kept separate|||||||||in case that person wishes to|||||||||see||how the||money|||has been||
||Used.|||||||||||||||||||||||||||||
|15|Summary offund|movements||||||||||||||||||||||||||||
||||||||Fund||||||||||||||||||||Fund|||
||||||balances as||||||||||||||Transfers||||and|||balances as||||
|||||at||1|January||||Incoming||||Outgoing|||||Gains|||i||at 31 December|||||
||||||||2021||||resources
6||||resources
6|||||(losses)
6|||||||2021
6|||
||Unrestricted
Funds|||||||||||||||||||||||||||||
||General funds|||||||859,764||||174,428|||(163,655)|||||||15,927|||||||886,464|
||Designated
Funds:|||||||||||||||||||||||||||||
||Legacy Fund||||||||20,285||||497|||(5,020)|||||||||||||15,762|
||Other designated
funds||||||||2,332||||1,436|||(3,464)|||||||||||||304|
||Restricted Funds|||||||||||||||||||||||||||||
||International|||||||||||||||||||||||||||||
||Development
Fund||||||||6,558|||6,743||||(235)|||||||||||||13,066|
||The Building
Fund||||||||1,783|||6,779||||(146)|||||||||||||8,416|
||ARK Food Bank|||||||||||||||||||||||||||||
||Projects (via SGC)
Other restricted
funds||||||||2201|||20,000
7337||||~7087|||||||||||||20,000
2 451|
||Total Funds|||||||892923||||217220|||~179607|||||||15927|||||||946463|
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|Operating|Lease Commitments|||||
|---|---|---|---|---|---|
|At the year|end the charity had the following|annual|commitments:|||
|Operating|leases which expire|||2021|2020|
|||||E|E|
|Within one|year||||3,109|
|In the second to fifth years||||||
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