OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-08-31-accounts

MORA MORA CHUR
CONSOLIDATED S ATE ENT OF FINAN IAL A TIVITIES
0 T EYEA ENDED
UGUST 2020
Unrestricted Funds Restricted Total Total
Notes General Designated Funds 2020 2019
E E E E E
Income and endowments
from:
Donations
and Legades		 2 403,095 1,190,166 1,593,261 1,396,755
Other Trading
Activities		 3 116,109 116,109 145,079
Investments 4 792 621 14867 278 542 1 086030 1 121803
1,195,716 14,867 1,584,817 2,795,400 2,663,637
Charitable
activities		 5 32,796 5,834 7,124,315 7,162,945 8,357,023
Other 6 144 504 144 504 10000
Total Income 1228 512 20 701 8 853 636 10 102849 11030 660
Expenditure
on:
Raising Funds
Fundraislng
trading: cost		 of
goods sold and other costs (154,273) (154,273) (264,997)
Investment
management		 costs 7 614823 2 623 46 516 663 962 744 281
(614,823) (2,623) (200,789) (818,235) (1,009,278)
Charitable
Activities		 7 538 246 681 274 10 153427 11 372 947 10208 282
Total Expenditure 1 153069 683 897 10354 216 12 191182 11217560
Net Gains/(Losses) on
Investment
assets		 10111 30 084 5377915 (78 654) 489 345 223,668
Net Income/(expenditure) 105,527 (125,281) (1,579,234) (1,598,988) 36,768
Other Recognised
Gains/(Losses)
Actuarial
Gains/(Losses)		 on 19
Defined
Benefit Pension Scheme
Transfers
between		 reserves 17 (996,355) 902,617 (93,738)
NET MOVEMENT IN FUNDS (890,828) 777,336 (1,485,496) (1,598,988) 36,768
Reconciliation
of		 Funds:
Total
Funds
Brought		 Forward 17 2,693,947 15,937,758 6,054,878 24,686,583 24,649,815
(Restated)
TOTAL FUNDS CARRIED
FORWARD 16 1
694		 4 16916 » 7 614 6
j +g13
Ialr@@AE
4444
...I„.l. I- !:=~455' ~~HEI'I);49.6 55
;.'-",'..S:(-',Fey)(EDlASSETS
';-,.'-'i';„;t:;P;;;)'BV;s;;,'0&+;:."s(dii,,t', ply„S~I),.
rr&&sr(,r)g+ (6"Irked!ikuii',I:rfte)P;;
Il
I 770 474
4
Z)43'I
investments
)jTBgglbG(e Fb(ed 'Assgls
&!) ' '' "
'I"9.'' ' '
''"5(087(660
'
'
'
'6(471(729
''
,;01qgeslinent
Property
'10
. 18,842,160
18,338,448		 viii
' '		 Xur6,,,5)vvv
'
BB169
378(449		 7)v) &4). 9,9r, i.,
172
3861
2)I )M 2 4 297
Gll		 466 GI 396172
CURRENTASSETS
Stock 12 36,589 43,841
Debtors 13 535,803 655,947 350,619 349,256
Casli at Bank and in I-land 2 563221 2520638 1032 887 1096001
3(135(613 3220(426 1(3831506 1,445,257
LIABILITIES
Creditors: Amounts
failing
due tv(thin one year 14 3 391 357 ZIIE)095 EGG 6 0 ~601603
NET CURRENT ASSETS ~245 744C 3677 I 717956 843654
TOTAL ASSETS LESS
CURRENT LIABILXTXES 28,454,550 30,099,3'l2 1,184,"i74 1,229,826
CREDITORS: Amounts
falling due after more
than one year 15 (1,326,021) (1,106,757)
Defined Benefi Pension
Llabglty 19 (4,040,934) (4,306,007)
TOTAL NET ASSETS gllgg)5gB E14696583 33184474 E1 229 826
Tha Funds ofthe Charity:
Restricted
Funds		 17 4,569,382 6,054,878 . 1,157,795 1,203,651
tinrestrlcted
Funds
General 17 1,803,119 2,693,947 6,682 15,935
Designated
Fund
—Del)ned
Benegt Pension
Llablgty
Designated		 17 (4(569,101)
21 284 195
18519213		 (4,306,007)
20 243 765
18631708		 19997
16 679		 10240
26 175
TOTALFUNDS 231)97595 24686583 118'147'I 1729826
Approved
by the Trustees		 08/10/2021
on ............,........,....		 and signed on their behalf by

THE YEA R EN ED31 AUGUST 202
2020 2019
Notes E E
NET CASH (OUTFLOW) FROM
OPERATING ACTIVITIES (2,031,259) (692,823)
CASH FLOWS FROM INVESTING
ACTIVITIES
Investment
income		 1,086,030 1,121,803
Payments to acquire tangible fixed
assets 9 (329,085) (492,091)
Proceeds
on
disposal		 of Investment
property assets 10 300,488
Purchase of fixed asset investments 11 (2,450,586) (1,589,172)
Proceeds
of
sale		 of fixed asset
investments 11 2452897 1 432 841
1,059,744 473,381
CASH FLOWS FROM FINANCING
ACTIVITIES
Interest
paid
Movement
on Loans		 (23,142)
1 037240
1014 099		 (22,153)
~327 258
~249 411
CHANGE
IN CASH AND		 CASH
EQUIVALENTS 42,583 (368,853)
Cash and
Cash
Equivalents		 at the
beginning
ofthe reporting
period		 2,520,638 2,889,491
Cash and
Cash
Equivalents		 at the
end ofthe reporting period E2 563 221 E2520638
RECONCILIATION
OF		 NET MOVEMENT IN FUNDS TO NET CASH OUTFLOW
2020 2019
E E
Net Movement
in funds		 for the year (1,598,988) 36,768
Investment
Income		 (1,086,030) (1,121,803)
Interest
Paid		 23,142 22,153
Depreciation 1,546,948 246,399
(Gains)/Losses
on investment		 assets (489,345) (223,667)
(Increase)/Decrease in Stock 7,252 (5,168)
(Increase)/Decrease in Debtors 139,289 15,527
Increase/(Decrease)
in
Movement
on Defined		 Creditors
Benefit Pension		 Liability (308,454)
~265 073
~52 031 259		 600,062
~263 1194
E 692 823
NET DEBTRECONCILIATION
01/09/2019 Cashflow 31/08/2020
E E E
Cash at Bank and in Hand 2,520,638 42,583 2,563,221
UBS facility drawn down (850,000) (850,000)
Loans repayable within
one		 year (159,868) 54,446 (105,422)
Loans repayable outside one year (1,007,086) (241,686) (1,248,772)
E1,353,684 E(994,657) E359,027

ue ofeac h asset over its expected useful
life, as follows		 :
Mocavian Fu/neck Ockhtuok
Vnion Schon/ Seboo/
Freehold land and buildings 2% N/A N/A
Leasehold land and buildings N/A 2% 2%
Furniture and equipment 25 333% 10 15% 15%
Computer equipment N/A 33.3% 20%
Motor vehicles N/A 25% 25% reducing
Leased Assets Over the life of the lease

Unrestricted Funds Restricted Total Total
General Designated Funds 2020 2019
E E E. E
Mrs E M Bates Trust 324,064 324,064 391,471
Grants 499,340 499,3'IO 27,946
Donations and Legacies 79,031 625,826 704,857 912,338
The London Mission In
Aid of Moravian Mission 65 000 65 000 65000
E403095 E1 190166 Ei 593 261 E1396755

Trading
activities
Fundraising
events		 116109 116109 145079
E- E116109 E116109 F145079
VESTMENT INCOME
Quoted
Securities		 66,508 4624 72i490 143i622 156i245
Rents Receivable 725,927 620 199,781 926,328 950,139
Bank Interest 186 9623 6271 16080 15419
E792 621 E14867 E278 542 E1086030 E1 121803
COME FROM CHARITABLE ACTIVITIES
School Fees
Fulneck School 3,656,363 3,656,363 3,685,474
Ockbrook School 3286 977 3 286977 3 874 088
6,943,340 6,943,340 7,559,562
Congregational
Activities		 101,243 101,243 596,600
Unity Income 11,303 11,303 12,831
Book Sales 18,958 167 19,125 19,245
Other Activities 13838 5834 68 262 87934 168785
E32 796 E5834 E7 124315 E7 162945 EB357023

Insurance proceeds 144 504 144 504 10 000
E- E144 504 E144 504 E10 000
7. EXPENDITURE 7. EXPENDITURE 7. EXPENDITURE 7. EXPENDITURE
0 d*dtkW
Fd
Mls		 F W
t~t		 Ch dl hh Adldtl
W Hhy
C
Emlk
7 dip
AHWO		 M Ht
C~		 t Ed tf 0 Ik Ik HN OW
c Fk		 T I
1020		 Td I
2019
Fd~ kkd G
Cdt
ksd
IG		 IEd~ CMH
Ikkt tkhf «		 158,905
241393		 36,761 I
158,%6
281,151		 E
421,326
tll//N
NW Rdtk WNWERIAdktl 13,7+| 13,7+I 17,110
IONHR &l2,165 612,165 639,149
NW
dd P		 Hfdf 126,434 I'I5,7M 302,138 194,470
Odd G
Btd
Fl
Okdt		 CMH 599,572 3,122 3,122
599,572		 4,739
MWO
od		 7
StdFWW
III Id T~		 5J24,378 121,145
27,773		 29,452 I/EH, OT/ 6,379,052
7/JII
27,T/3		 6,139,574
IM,673
45,249
Hlddd
ITdkhk
W
t\k~1&W		 17,105
t8,157		 17JN5
10,157		 t9,IHI
10,151
A
N		 Ss,t05 50,105 467125
Rd
F		 34JEO IS,SN
MJ27 M/127 14,463
thdd
I		 0
btkl		 CAOH 6,939 195J73 04,976
TWA od CNH 45,046 45/146 550N7
Adl I
1
tl0
0 NCWRW		 EC909 0,700
1,756		 40,920
3,233		 57J20
3033
23,665		 49,7M
3,HR
24J73
Id 10,729 12,413 23,Ml 22,153
IIW fdd R Ct m
1,195,560 7711 43057 l,ht6,MO 246JN
Ihd
P W
5 Wdptkd		 13,029
tS,199		 ItJH 13,829
29,499		 tld75
20Jll
20,635 20,635 22J89
P
I
(WWN,
hh dlh
)
MEH apw~
Phd
IW I		 WWN~, IIOACP 407J55 0,070 71,536
29,RH
69,972		 79,6tl
I,H93+I
128,477		 103/174
IJ63,925
76Jl1
1,525
r
HWSHI
0
Odk		 Hdh au 50,239
S,Ill~		 58J39
5,180		 62,153
5,20~
I 74,779 55,101 6,N7 136837 129,7N
IOHH
R		 3,624 3824 5/23
G
d
H
Clh Cd		 1
fRtk		 I 4/2
79,018		 472
7981~		 5,462
1,000
181,+15
Clt
ON		 CMO 1249 I
9		 37d
154J73 663,962 7,695,378 1,891,702 NS,ISE 1,5WMt t1,191,0H IIJITJ60
ROdlkhd 5 PRht WW IWWf l,tl6,GH 151,369 22,618 i1,590,631f
ddF 0
T t 12020 E154 73 102022 12 3151 f21777 1- Etlt 1102 NtH7
T
I 12019		 E/HJ01 E7OI71,625 E2,0tH,951 f231,706 111J17,560
Al~ d I WWtdkkdfhd ~ t hdP Wd tt hkfkd Hd / HNHWH thk Hdl W f ENO I 150000.

8. STAFF COSTS STAFF COSTS
Moravian Moravlan Fulneck Ockbrook 2020 2019
Church Union School School Total Total
f E E f
Gross Pay
Social Security Costs		 488,024
47,349		 185,191
18,466		 2,616,007
229,160		 2,351,466
213,763		 5,640,688
508,738		 5,670,093
475,739
Pension Costs 62 291 12 160 384 928 418016 877 395 603 522
597,664 215,817 3,230,095 2,983,245 7,026,821 6,749,354
Pensions to ministers
Other staff costs 5 502 5 502
E603 166 E215817 E3230 095 E2983245 E7 032 323 6 749 354
Included in Note 7 as follows:
Staff Costs 165712 3230 095 2 983~245 6379 052 6~139574
Pensions
&Tax
Archive Costs 50,105 50,105 46,825
Ministry 562,856 562,856 522,008
Ministerial
Training		 872 872 3,305
Youth and Children 39 438 39 438 376'l2
E603 166 E215817 E3 230 095 E2 983 245 E7 032 323 6 749 354
Average Staff Numbers: No. No.
Teaching 72 82 154 143
Ministers 14 14 14
Other 3 4 34 8 49 48
17 4 106 90 217 205
Number of employees earning in excess of E60,000 during the period were as follows:
Between E70,001-f80,000
Between E80,001- E90,000 1
Between E90,001- Et00,000
Between f100,001 - f110,000

ANGIBLE FI XEDASS ETS
GROUP Furniture,
Land and Fixtures aud computer
Buildings Fittings Equipmeot Total
E E E E
Cost
Brought Forward (Restated) 9,868,151 1,491,295 7,414 11,366,860
Additions 247,190 70,263 11,632 329,085
Transfer to Investment Properties (219,654) (219,654)
Dlsposals 429 1151 1580
At 31August 2020 9I895)687 1~561 129 17895 11~474I711
Depreciation
Brought Forward (Restated) 3,637,850 1,254,042 3,239 4,895,131
Charge for period 1I461I237 80 504 5,147 1,546,948
Transfer to Investment Properties (53,448) (53,448)
Depreciation on disposals 429 1151 I 580
At 31 August 2020 5,045,639 1,334,177 7,235 6,387,051
Net BookValue
At 31 August 2020 64,850,048 6226,952 610,660 65,087,660
At 31August 2019(Restated) 66,230,301 6237,253 64,175 66,471,729
PARENT
Cost
Brought Forward 386,172 21,413 407,585
Additions
Disposals
At 31 August 2020 386 172 21413 407 585
Depreciation
Brought
Forward		 21,413 21,413
Charge for period 7,723 7I723
Depreciation on dlsposals
At 31August 2020 7 723 21413 29 136
Net BookValue
At 31August 2020 6378 449 & 6- 6378449
At 31August 2019 6386 172 I- 6- 6386 172

VESTMENT PROPER TIES
2020 2019
E E
Market Value
At 1 September 2019 18,338,448 18,167,750
Transfer from Tangible Fixed Assets 166,205
Disposal Proceeds (300,487)
Realised gain on disposal
Unrealfsed
Revaluation
Gains/(Losses)		 90,532
547462		 7069~
At 31August 2020 618842160 618338448

Total Total
GROUP - LISTED INVESTMENTS 2020 2019
f f
Carrying Value at Beginning of
Year 4,921,434 4,712,134
Additions 2,450,586 1,589,172
Disposal
Realised
Unreagsed		 Proceeds
Gains/(Losses)
Gains/(Losses)		 (2,452,897)
(59,016)
~89633		 (1,432,841)
34,138
18831
Carrying Value at 31August 2019 E4 770 474 E49 1434
The follo wing investme nts
individually
represented
mor		 e than 5% of the total market value ofthe p ortfolio:
2020 2019
E f
The Charities Property Fund E413558 E435 326
12. STOCK
Group 2020 2019
E E
Moravlan Union 15,011 15,316
Schools Stocks 21 578 28 525
E36 589 E43 841

EBTORS
Group Parent
2020 2019 2020 2019
f E f f
Trade Debtors 170,602 120,782
Amounts
due		 from related
Organisations 327,316 325,580
Other Debtors 61,907 46,204 23,303 23,676
Prepayments and Accrued Income 205,454 410,240
Agents Balances 62,235 57,559
Rent Due 35605 21162
E535803 E655 947 E350619 E349 256

REDITORS: A mounts
falling du		 e in less than one year
Group Parent
2020 2019 2020 2019
f f f f
Loans and Overdraits
Bank Loans 52,146 106,416 22,219 36,088
Trade Creditors 65,373 109,468
Amounts
due to related
Organisations 436,758 375,148
Other Creditors 110331582 178,768 19,113 9,788
Social Security and other Taxes 447,065 84,635
Accruals and Deferred Income 325,503 321,735 187,560 180,579
Fees in advance 1,404,412 1,998,221
Hire Purchase Contract 4,433 6,195
Bates Trust Loan 48843 47 257
E3 381 357 E2 852 695 E665 650 E607 603
Deferred Inco me consis ts entirel y o ffees In advan ce.
Group Parent
2020 2019 2020 2019
f E f E
Balance brou ht forward
9		 1998221 1409 450
Rent and School Fees received in
advance 114047412 179981221
Released
to
year		 revenue during the ~1998221 ~1409450
Balance carried forward 11404412 61998 221

REDITORS: Amounts
falling due in m		 ore than one year
More than
Group 1 —2 2 —5 5 2020
years
E		 years
f		 years
E
Bank Loans —Fulneck School 10,552 63,323 60,319 134,194
- Ockbrook School 102,727 319,593 383,556 805,876
113,279 382~916 443g875 940(070
Bates Trust Loan 49,431 155,138 104,133 308,702
Other Creditors 77 249 77 249
E239,959 f538,054 E548,008 E1,326,021
More than
Group 1 —2 2 —5 5 2019
years
E		 years
f		 years
f
Bank Loans - Fulneck School 12,422 37,266 49,123 98,811
- Ockbrook School 59,057 182,540 309,042 550,639
71,479 219,806 358,165 649,450
Bates Trust Loan 46,207 138,621 172,808 357,636
Other Creditors 14219 41790 43657 99 666
f131(905 f400 217 f574~630 f1~106(752

NALYSIS OF NET ASSETS B ETWEEN FUNDS ETWEEN FUNDS
Unrestricted Funds Restricted Total
General
I		 Designated
I		 Funds
I		 2020
I
Group
Tangible
fixed assets		 11,630 2,329,815 2,746,215 5,087,660
Investments 1,838,119 291,699 2,640,656 4,770,474
Investment
Properties		 18,842,160 18,842,160
Cash at bank and
in hand
Other net assets/(liabilities)		 1,230,084
~1276714		 (565,138)
~4183442		 1,898,275
~271
764		 2,563,221
~8175920
61 803 119 616715094 E4569 382 E23 087595
Parent
Tangible
fixed assets		 378,449 378,449
Investments 88,169 88,169
Cash at bank and in hand
Other net assets/(liabilities)		 21,487
~148tl5		 19,997 991,403
~300 226		 1,032,887
~315031
E6 682 519997 El 157795 EI 184474
Unrestricted Funds Restricted Total
General
I		 Designated
I		 Funds
I		 2019
I
Group
Tangible
fixed assets		 5,540 2,533,811 4,074,406 6,613,757
Investments 1,969,990 305,536 2,645,908 4,921,434
Investment
Properties		 18,338,448 18,338,448
Cash at bank and in hand
Other net assets/(liabilities)		 132,320
586 097		 21,891
~5261928		 2,366,427
~2889835		 2,520,638
~7565 666
E2 693 947 EI5 937758 E6 196906 E24 828 611
Parent
Tangible
fixed assets		 386,172 386,172
Investments
Cash at bank and
in hand
Other net assets/(liabilities)		 15,935 20,494
~10254		 1,059,572
~242 093		 1,096,001
~252 347
E15935 E10 240 El 203 651 Et 229 826

17. MOVEMENTS ON FUNDS
GROUP AND PARENT 2019		 MOVEMENTS ON FUNDS
GROUP AND PARENT 2019		 OPdtlhg
BSIB/tch
At 01/09/19		 Ihco/lilt/p
Resources		 Resoldces
Espshdhd		 I ve hnaht
0 lls/(Losses)		 Acth aria I
Gain /(tosses) on
DeGned Pension		 Tramh Ckwlng
Balahch
At31/08/20
Bandit
RESTRICTED E
Pie/avian
Unton
Eveng lml
Mhlsters
emduments
Diuc saon
Ove
eas
Property
Relef ofp
ny
Other		 99/HS
609,148
(35,'252)
336j98
1,779,966
3,076
319709
3,113,0M		 4,602
14,920
10,010
2,277
74jla
63
37732
144,002		 (21,147)
(14,920)
(57,724)
Uj77)
(122,465)
(63)
las Em
(410,426)		 (4,815)
(15,619)
(1,950)
(10,096)
(43,310)
(90)
I
(S3j51)		 84,934
182,781
284957
552,672		 157,493
593,529
97,865
326,502
I,SSBSOS
2,986
+19
7
3j16,091
H ore vien
Church (cdmregsuom)
Fubeck Sdmol
Ockbrook School
Fubeck Chdr House		 —parent onh' Ij03,651
867,699
817,292
53 42		 1,259,762
4/%2843
3,401,774
39295		 (756,279)
(4,171,450)
(S,IH7,380)
23721		 4j97 (553836)
(28,IID)
124,619
I 000		 1,157,795
730,475
(702,695)
67716
6,054A78 8,908,676 (IS,GI9,256) (78,654) 93,738 4j69,382
DESIGNATED
Moradsh
U Ion
Desned Bendtt Penskn Schem
Mlnkters
emolunents
P openy
Invest//wnt
PIcpera/ —Cost
lhvennhm
props Ity —Revs batlorl
Cther
Mlsskn
Renewal
Ncravkm
Church
SIKI Cd/BIO9auor/s		 —Pard/t cro/ (4j06,007)
(126,273)
1,929,07tl
1,607,327
16,731,122
1,973
15,927,518
lo 240
15937758		 8,574
2,491
13
11,078
9623
20701		 (270)
(2j40)
(13)
113
(2,736)
681 161
683
7		 (1,197)
(8,2M)
547,463
(57)
537,915
537915		 265,073
21,707
(65,458)
221,322
681295
902 617		 (4,IH0,934)
(119,166)
1,920,927
1,629,034
17,213,127
1,916
90 193
16,695,097
19997
16715t&t
GENERAL
No/avian
Union
Moms
Chu dt —Parent
ly		 2,678,012
15935
2693947		 1,173,424
48
I 173472		 (I,M8,728)
9 3tlt
I 098 029		 30/IB4
30		 (996855)
996 5		 1,796,437
6 682
I
3 119
24686 583 10102849 12 191182 489 345 23087 595
THE THE YEAR ENDED YEAR ENDED
37. MOVEMENTS ON FUNDS (Continued)
GROUP AND PARENT 2019 Opal 9
Bllhhm		 tn coming
Ro
5		 R65oul'ces
Exp!hded		 155565brrent
Oaths/(Losses)		 8 tua lit
Gains/(los
es)		 n CIO5lhg
Balance
At01/09/ 18 Defined Pension At 31/08/19
Bandit
RESDIICTED I
tkravtsn
Unke
Ev ngelk
I		 117,938 2,076 (22,4&1) 1,662 99,849
IIhidem
wnolv ments		 603,768 15,809 (15,809) 5,380 609,148
Educatke 2,225 704 (38,853) 102 (35,252)
Ovwsms 333,121 1033 (2833) 3,477 336,598
PKperty 1,789,468 9819 (24,4%l) 14,719 (9550) 1,779,%6
Rdkcwmw
rty		 3,015 (66) 31 3,076
Other 353530 58654 199
12		 2
7		 319709
3,203,095 89/Ml (303,027) 28,478 95,087 3,113,094
Monlvtth
Chunh
(Kat9reg!tkes) —Parent mh
Fuhok Sdeol (Restated)		 818,+M
1,419,932		 I/M9pss
3,889/M6		 (812,659)
(4/M2, 970)		 (601,402)
(48849)		 1,203,651
867,699
Ockbrodc Sched 719,530 3,918860 (3,792,471) (28027) 817,292
Fuheck Chdr House 40357 36
6		 24 071 53 142
6,211,358 9,743,231 (9045,198) 28,478 (502,991) 6,054,878
DESIGNATED
Mon vlsn Union
Deflnm~t P		 bn sdwm (sdss,tot) 263,094 (4P06,(07)
II155bu5 erndwrlen5
P opoty~in%tots		 —Cost (1342173)
1,924,+19
1,607,327		 8,464
47NS		 (277)
(2,63tl)		 413
2/NS		 (126,273)
1,929,070
1,607,327
Ihvesbhem
pKpeny		 —Rewksw I6860,473 170,699 16,731,122
Other 1,953 13 (13) 20 1,973
Mission Renevrd 90 500 90306
I5,480,983 12,882 (3,428) 173,987 263,IN4 15,927,518
M ravlanchurd
a dComegatkms		 —P mtonly 9762 674 686 675 164 102%1
15480 983 226+I 678 114 173987 938258 t5937758
GENERAL
Monwlsn
Unbn
5~
n CI
Kh —p		 Iaa ora/ 2,932,615
24
9		 t,26L719
66		 (1,185,25S)
89%i		 21,203 (355,267) 2,678,012
15935
62957474 1264785 1194248 21 203 355 67 2693947
124 649
15		 Ilt 030660 I 11217560 1- 124 686
3
The Restrktad
Funds		 of the Mornaan
Chunh		 represent
the funds		 of the congregaNons ofthe Moravtan Church. The Restrlded Funds cf the Moravlan Union are numerous
and many are ofsonm anbqudy.
The other Restricted		 Funds retaesent the assets and Babgltles ofother organisations
whl«h		 are considered to be wholly restrkted within the
consoldated
accounts		 of the Moravlan church. Transfers
horn		 restdcted
funds re(ate		 to adjustments for Iransadions
between		 Group enddes and closed congregations.
Un
dosure ofa congregatke Its outstanding reserves can be used for the general purposes of Ihe Moravtan
Church.
The numerous
Designated		 Funds, represented by a proportke of the charlt)rs cash and tnvestmpets, relate to a variety of speclgc purposes IdentlRed by the trustees. Tie
Defined Benelit Pension Scheme Fund represents the gablllty of the Moravlan
Church		 for dlscretkeary past servke benegts payable to retired ministers. The transfer to tho
fund relates to the reduction In the gabgity as a result of pensions leld durktg the year.

BLIGATIONS UNDER OP E RATING
LE		 ASE AGREEMENTS FOR EQUIP MENT
Group 2020
f		 2019
f
The total of future
minimum		 lease payments under non-cancellable operating
leases for each ofthe following periods are:
Less than One Year 162,379 95,478
Between One and Five Years t41,975 108,330
Afier more than Five Years
f306,932 E203,808

31/08/2020 31/08/2019
E E
Fair value of Liability Assets
Present value of funded obligations 4 040934 4 306007
Net (under) / overfundlng ln Uability E 4040934 F 4306 007
Unrecognised assets
Net Defined Benefit Asset / (Uability) E(4,040,934) E(4,306,007)
he amounts
recognised
in Pr		 ofit or Loss are as f ollows:
31/08/2020
E
Service cost
Cost of benefit changes
Curtailment
costs / (gains)
Settlement
costs / (gains)
Net Interest on Net Defined Benefit Liability
Expense recognised
in Profit		 or Loss

hanges
in the present valu		 e ofthe Liability' s
Defined Benefit Oblig		 ation
are as follow
31/08/2020 31/08/2019
I I
Opening
Defined
Benefit Obligation		 4,306,007 4,569,101
Service cost
Contributions
by members
Cost of benefit changes
Curtailment
costs / (gains)
Liabilities extinguished
on settlements
Benefits paid (265,073) (263,094)
Interest on obligation
Experience
losses / (gains)
Losses / (gains) from changes in assumptions
Closing
Defined Benefit Obligation		 E4040 334 E4306007

hanges in th e fair value o fthe assets are as foll ows:
31/08/2020 31/08/2019
I I
Opening fair value of Liability assets
Interest on assets
Return on assets (notincluded in interest)
Assets distributed on settlements
Contributions by Moravfan Union
Contributions by members
Benefits paid
Administration expenses
Closing fair value of Liability assets

Principal actuarial assumptions used for the FRS 102 disclosures:
31/08/2017 31/08/2016
% pa % pa
Discount rate at end ofyear 2.40 1.90
Rate of increase in deferred pensions
(LPI 3%)		 2.60 2.30
Rate of increase in deferred pensions
(LPI 4%)		 3.00 2.70
Rate of Increase in pensions in payment (LPI 3%) 2.60 2.30
Rate of increase in pensions In payment (LPI 4%) 3.00 2.70

he group received the follo wing
 am ounts
from related
parties		 during
the period:-
2020 2019
E E
Mrs E.M. Bates Trust E324II64 E391471
The
London
Mission
in		 Aid of Moravian
Missions E61000 E67 000
At 31 August
2020, the		 following balances
were outstandlng:-
Due from Mrs E.M. Bates Trust EEQ 020 E207 275
Due to Mrs E.M. Bates Trust E357545 E404 693
2020 2019
E E
Dr L.Thompson ' 417
Miss R. M. A. Hoey 729 1 979
E729 E2 396

Unrestricted Funds Restricted Total
General Designated Funds 2019
E E E E
Income and endowments
from:
Donations
and Legades		 424,739 972,016 1,396,755
Other Trading
Activities		 145,079 145,079
Investments 757990 16949 346 864 1 121803
1,182,729 16,949 1,463,959 2,663,637
Charitable
activities		 82,056 5,695 8,269,272 8,357,023
Other 10000 10000
Totalincome 1264 785 22 644 9743 231 11030660
Expenditure
On:
Raising Funds
Fundralslng
trading: cost		 of
goods sold and other cosh (264,997) (264,997)
Investment
management		 costs 699881 2 928 41 472 744 281
(699,881) (2,928) (306,469) (1,009,278)
Charitable
Activities		 494367 675 186 9038729 10208 282
Total expenditure 1 194248 678 114 9345 198 11217560
Gains/(Losses)
on inveslment
Assets 21,203 173,987 28,478 223,668
Net income/(expenditure) 91,740 (481,483) 426,511 36,768
Actuarial
Gains/(Losses)		 on
Defined Benefit Pension Scheme
Transfers
between
reserves		 355 267 938 258 582 991
(263,527) 456,775 (156,480) 36,768
Total Funds Brought Forward (Restated) 2,957,474 15,480,983 6,211,358 24,649,815
TOTAL FUNDS CARRIED
FORWARD E2 693947 E15937 758 E6054 878 E24 686 583

Unrestricted Unrestricted Funds Restvicted Total Total
General
I		 Designated
E		 Funds
E		 2020
E		 2019
I
Income and endowments from:
Donations
and Legacies		 212,000 681,907 893,907 1,020,646
Other Trading
Activities		 54,349 54,349 91,984
Investments 48 9623 233 960 243 631 225 333
48 221,623 970,216 1,191,887 1,337,963
Charitable
activities		 145,042 145,042 676,133
Other 144504 144 504 10000
Total income 48 221 623 1259 762 1481433 2 024 096
Expenditure
On:
Raising Funds
Fundraislng
trading: cost		 of
goods sold and other costs (13,744) (13,744) (17,110)
Investment
management		 costs 27 741 27 741 22 364
(41,485) (41,485) (39,474)
Charitable
Activities		 9 301 687986 788013 I 485 300 1598 099
Total expenditure 9 301 687986 829 498 I 526 785 1 637 573
Gains/(losses)
on inveslment
assets
Netincome/(expenditure) (9,253) (466,363) 430,264 (45,352) 386,523
TransFers 476,120 (476,120)
NET MOVEMENT IN FUNDS (9,253) 9,757 (45,856) (45 352) 386,523
Total Funds Brought Forward 15,935 10,240 1,203,651 1,229,826 843,303
TOTAL FUNDS CARRIED
FORWARD E6 682 E19997 E1 157795 E1 184474 E1229 826