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|||||||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
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Il
I 770 474
4
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investments
)jTBgglbG(e Fb(ed 'Assgls
&!) ' '' "
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''"5(087(660
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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
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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|
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|P
I
(WWN,
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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
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1,525|
|r
HWSHI
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Odk||Hdh|||au|||||||||||||||||50,239
S,Ill~|58J39
5,180|62,153
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|I||||||||||||||||74,779||||55,101||6,N7|136837|129,7N|
|IOHH
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|G
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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|
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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|