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|Contents|Pages|
|---|---|
|Reference and Administrative
Information||
|Trustees'
Report|2-5|
|Independent
Examiner's
Report||
|Statement
of Financial Activities||
|Balance Sheet||
|Statement
ofCash Flows||
|Notes to the Financial Statements|10-16|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
||||Notes|Restricted|Unrestricted
E|funds|fundsf|
|Income and endowments||from:||||||
|Investments|||2||54,336|54,336|53,761|
|Charitable
activities|||3|4,000|3,111|7,111|10,124|
|Total||||4,000|57,447|61,447|63,885|
|Expenditure
on:||||||||
|Raising funds —investment||management|fees||1,649|1,649|1,619|
|Charitable
activities||||||||
|Activities
in relation|to the|church||||||
|and parsonage|||4a)|10,029|37,288|47,317|44,780|
|Total||||10,029|38,937|48,966|46,399|
|Net income/(expenditure)||||(6,029)|18,510|12,481|17,486|
|||||(6,029)|18,510|12,481|17,486|
|Other recognised|(losses)/gains:|||||||
|Net gain
/ (loss) on|investments||||227,758|227,758|(133,485)|
|Net movement
in|funds|||(6,029)|246,268|240,239|(115,999)|
|Fund balances brought||forward||19,656|1,335,074|1,354,730|1,470,729|
|Fund balances carried forward||||13,627|1,581,342|1,594,969|1,354,730|
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||||Notes|2021|2020|
|---|---|---|---|---|---|
|||||6||
|Fixed assets||||||
|Tangible assets||||38,359|38,359|
|Investments||||1,443,937|1,204,678|
|||||1,482,296|1,243,037|
|Current assets||||||
|Debtors||||17,682|20,391|
|Cash at bank and|in|hand||184,461|109,317|
|||||122,143|129,708|
|Creditors: amounts||falling due||||
|within one year||||(9,470)|(18,015)|
|Net current assets||||112,673|111,693|
|Total assets less|current liabilities|||1,594,969|1,354,730|
|Net assets||||1,594,969|1,354,730|
|Funds||||||
|Unrestricted||||||
|General||||1,517,039|1,265,398|
|Designated||||64,303|69,676|
|Total unrestricted|funds||10|1,581,342|1,335,074|
|Restncted||||13,627|19,655|
||||12|1,594,969|1,354,730|
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|||||||Notes|2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||6|6|
|Cash flows from operating|activities:||||||||
|Net cash used in operating|activities|||||(a)|(47,691)|(24,129)|
|Cash flows from investing|activities:||||||||
|Dividends
from investments|||||||54,336|53,761|
|Proceeds from sale ofinvestments|||||||15,594|37,546|
|Purchase
of investments|||||||(27,095)|(22,240)|
|Net cash provided
by investing
activities|||||||42,835|69,067|
|Change
in cash and cash|equivalents|in|the reporting|period|||(4,856)|44,938|
|Cash and cash equivalents|at the beginning||ofthe reporting||period|(b)|109,317|64,379|
|Cash and cash equivalents|at the end|of|the reporting||period|(b)|104,461|109,317|
|(a) Reconciliation
of net income to net||cash flows from|||operating|activities|||
|Net income forthe reporting
period|||||||240,239|(115,999)|
|Adjustments
for:|||||||||
|(Gains)
/ losses on investments|||||||(227,758)|133,485|
|Dividends
and interest from|investments||||||(54,336)|(53,761)|
|Decrease
in debtors|||||||2„709|1,042|
|(Decrease)
/ increase
in creditors|||||||(8,545)|11,104|
|Net cash used in operating|activities||||||(47,691)|(24,129)|
|(b) Analysis ofcash and cash equivalents|||||||||
|Cash
in hand|||||||104,461|109,317|
|Total cash and cash equivalents|||||||104,461|109,317|
|(c) Analysis ofchanges
in|net debt||1 April 2020 Cash flows
6||||Noncash
31|March 2021
6|
|Cash and cash equivalents|||109,317|||(4,856)||104,461|
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|||||2021
6|2020f|
|---|---|---|---|---|---|
|Dividends|and|bank|interest|54,336|53,761|
|||||54,336|53,761|
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|||||2021|2020|
|---|---|---|---|---|---|
|||||F|E|
|Parsonage|Repair Fund service charge|||4,000|4,000|
|Reimbursement||ofcosts from the congregation|charity|||
|Insurance|||||3,039|
|Church
Major||Repair Fund contribution||3,111|3,085|
|||||7,111|10,124|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|||||||F|
|Insurance||||||6,078|
|Parsonage||building|||23,166|3,798|
|Donations|to The Congregation||at German|Christ Church|||
|London|||||15,111|27,085|
|Governance||costs (see note 4b)|||9,040|7,819|
||||||47,317|44,780|
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|he year e
Governance|nded 31 March 2021
costs|||
|---|---|---|---|
|||2021|2020f|
|Independent|examination|||
|Current year|fee|3,750|3,720|
|Accountancy|fees|750||
|Administration|service charge|4,540|4,099|
|||9,040|7,819|
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|Freehold|property|property||||||
|---|---|---|---|---|---|---|---|
|Freehold|properties||comprise:|||||
|Church|buildings,|site and contents||- at book value|(Insurance|value March 2021|1,322|
|on 14February||1950|||68,t00,000)|||
|Parsonage —at cost|||plus additions|to date|(Insurance|value March 2021|37,037|
||||||51,125,000)|||
||||||||38,359|
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|Investments||||
|---|---|---|---|
|Market value||2021|2020f|
|At 1 April 2020||1,204,678|1,353,469|
|Additions at cost||27,095|22,240|
|Disposal proceeds||(15,594)|(37,546)|
|Net gain I(loss)on revaluation|in the year|227,758|(133,485)|
|At 31 March 2021||1,443,937|1,204,678|
|Historical cost||||
|At 31 March 2021||1,234,707|1,210,363|
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|8.|Debtors|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021f|2020f|
||Accrued income|||||||17,682|20,391|
|||||||||17,682|20,391|
|9.|Creditors: amounts|||falling|due within one year|||||
|||||||||2021f|2020f|
||Administration|service charge payable||||||4,540|4,099|
||Accruals|||||||4,930|13,916|
|||||||||9,470|18,015|
|10.|Unrestricted|funds - 2021||||||||
||||||At 1 April|Income|Expendi-|Other|At 31|
||||||2020||ture|gains/|March|
|||||||||(losses)|2021f|
||General funds||||1,265,398|54,336|(30,453)|227,758|1,517,039|
||Designated|funds—||||||||
||Major Repair||Fund||69,676|3,111|(8,484)||64,303|
||Unrestricted||funds||1,335,074|57,447|(38,937)|227,758|1,581,342|
|||At 1 April|Income|Expendi-|Other|At 31|
|---|---|---|---|---|---|---|
|||2019||ture|(losses) I|March 2020|
||||||transfers||
|General funds||1,451,275|56,800|(42,601)|(200,076)|1,265,398|
|Designated|funds—||3,085||66,591|69,676|
|Major Repair Fund|||||||
|Unrestricted|funds|1,451,275|59,885|(42,601)|(133,485)|1,335,074|
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|ill be utilised as ne
edecoration.|cessary.
During the|year, expenditur|e
was mainly
i|ncurred
on intern|al|
|---|---|---|---|---|---|
|||At 1 April
2020|Income|Expenditure|At 31 March
2021|
|||6||6|F|
|Parsonage
annual|service charge|19,656|4,000|(10,029)|13,627|
|fund||||||
|Restricted funds - 2020||At 1 April|Income|Expenditure|At 31 March|
|||2019f||f|2020|
|Parsonage
annual|service charge|19,454|4,000|(3,798)|19,656|
|fund||||||
|nalysis of net assets between funds||||||
|Fund balances at 31 March 2021||General|Designated|Restricted|Total|
|were represented|by:|Funds
6|Fundsf|Funds|Funds
6|
|Tangible fixed assets
Investments
Current assets||38,359
1,443,937
44,213|64,303|13,627|38,359
1,443,937
122,143|
|Liabilities||(9,470)|||(9,470)|
|||1,517,039|64,303|13,627|1,594,969|
|Fund balances at|31 March 2020|General|Designated|Restricted|Total|
|were represented|by:|Fundsf|Funds|Funds
E|Funds|
|Tangible fixed assets
Investments||38,359
1,204,678|||38,359
1,204,678|
|Current assets||40,376|69,676|19,656|129,708|
|Liabilities||(18,015)|||(18,015)|
|||1,265,398|69,676|19,656|1,354,730|
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