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||||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|---|
||||||||Funds|Funds|
||||||||2021|2020|
|Income from:|||||||||
|Donations
and Legacies|||||||||
|Investment
Income|(Note 2)||||||43,717|45,008|
|Income from Charitable||Activities|||||||
|Loan Interest|||||||8,750|17,900|
|Rental Income|||||||12,000|13,000|
||||||||20,750|30,900|
|Total Income|||||||64,467|75,908|
|~E* dtt|||||||||
|Cost ofraising funds|- Investment|||Management|Fees||20,275|22,253|
|Charitable
Activities:|||||||||
|GIRs to Christian|Organisations||||||208,852|167,283|
|Support Costs|||||||2,510|2,504|
|Other Costs - Investment|||Property Costs||||2,119|7,640|
|Governance
Costs|||||||2,716|2,657|
||||||||216,197|180,084|
|T~tt E
dlt
tN|t|Et|||||236,472|202,337|
|Net
ins losses
on investments|||||||||
|Realised Gains/(Losses)||on Disposal of Investments|||||49,492|65,034|
|Unrealised
Gains (Losses) on|||Investments||||434,299|(260,082)|
||||||||483,791|(195,048)|
|Net Income
Ex enditure|||||||311,786|(321,477)|
|Transfers|||||||||
|Net Income/(Expenditure)||before Other Recognised||||Gains|||
|and Losses|||||||311,786|(321,477)|
|Realised Gains on Disposal ofFixed Assets held|||||for||||
|Charity's
own use|||||||||
|Unrealised
Gains on|Revaluation|||of Fixed Assets held for|||||
|Charity's
own use|||||||31,888|4,857|
||||||||31,888|4,857|
|Net Movement
in Funds|||||||343,674|(316,620)|
|Fund balances
brou|htforward||at1 A
ril 2020||||4,815,695|5,132,315|
|Balances carried forward||at 31 March 2021|||||P 5,159,369|L'4,815,695|
##
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|BALANCE SHEET||||||||
|---|---|---|---|---|---|---|---|
|31 MARCH 2021||||||||
|||||Notes||2021|2020|
||||||||6|
|FIXEDASSETS||||||||
|Tangible Assets||||||522,513|490,641|
|Investments||||||4,012,007|4,015,863|
|||||||4,534,520|4,506,504|
|CURRENT ASSETS||||||||
|Debtors (including
loans|receivable||after more than|||||
|one year of FNil (2020 -|F30,000)|||6|31,659||208,311|
|Cash at Bank and
In Hand|||||595,512||104,806|
||||||627,171||313,117|
|CREDITORS: Amounts|falling due||within one year|7|(2,322)||(3,926)|
|NET CURRENT ASSETS||||||624,849|309,191|
|NET ASSETS||||||K 5,159,369|f4,815,695|
|THE FUNDS OF THE CHARITY||||||||
|Revaluation
Reserve re|Tangible|Fixed Assets||||97,442|65,554|
|Unrestricted
Income Fund||||||5,061,927|4,750,141|
|||||||F 5,159,369|E4,815,695|
|Approved
by the Board ofTrustees|||and signed on its behalf by:|||||
|N P THOMAS||||||||
|TRUSTEE||||||||
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||||||||||||||2021||||2020|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|3|TOTAL EXPENSES||||||||||||||||||
||These include the following:||||||||||||||||||
||Independent
Examiner's||Fees||||||||||1,800||||1,800||
||Depreciation||||||||||||16||||22||
||The Charity had no employees|||||during the year||(2019- Nil).|||||||||||
||||||||||||||Freehold||||Fixtures,||
||||||||||||||Land|and|||Fittings and||
|4|TANGIBLE FIXEDASSETS||||||||||Totalf||~Buildin||s||~EE
t||
||Cost(Valuation||||||||||||||||||
||At 1 April 2020||||||||||494,320||490,577|||||3,743|
||Additions||||||||||||||||||
||Disposals||||||||||||||||||
||Revaluation||||||||||31,888||31,888||||||
||At 31 March 2021||||||||||526,208||522,465|||||3,743|
||~tt||||||||||||||||||
||At 1 April 2020||||||||||3,679|||||||3,679|
||Charge for Year||||||||||16|||||||16|
||Disposals||||||||||||||||||
||At 31 March 2021||||||||||3,695|||||||3,695|
||BOOK VALUE:||||||||||||||||||
||At 31 March 2021||||||||||F522,513||f522,465|||||f48|
||At 31 March 2020||||||||||f490,641||f490,577|||||f64|
||All fixed assets are used||in|direct furtherance||||ofthe Charity's||objects. The||historical cost||ofthe freehold
land|||||
||and buildings
at 43 Chiltern||||Way, Tonbridge,|||was F234,123. The property||||was purchased|||in|December||2014|
||and has been professionally||||revalued||in March 2018 by Barnes||||Kingsnorth,
Estate Agents.|||||The property
in|||
||Salisbury
Road, Tonbridge,||||in|December 2016was|||purchased|at a historical cost|||off190,900. The||||Trustees||
||have applied
an increase||in||value of 6.5'%%d to|||both|properties|in|the year to 31 March 2021 based upon|||||||local|
||house market movements||in||the year.||||||||||||||
||||||||||||Other|Interests|||||||
||||||||||Freehold||In Freehold||||||||
||||||||||Land and||Land &||||Listed|||Cash|
||FIXEDASSETINVEST||ENTS||||Total
F||BuiituBiinn|ss|~Buildin s||Investments
f|||||~De ositE|
||Market Value
1 April|2020|||||4,015,863||1,266,057||1,122,555|||1,516,087||||111,164|
||Additions||||||386,449||||||||367,060|||19,389|
||Disposals||||||(874,096)||(509,515)||||||(364,581)||||
||Net Unrealised
Investment|||Gains|||||||||||||||
||(Losses)||||||434,299||36,689||72,730||||324,880||||
||Realised
Investment|Gains|||||||||||||||||
||(Losses)||||||49,492||(7,100)||||||56,592||||
||Market Value 31 March 2021|||||f|4,012,007||f 786,131||f 1,195,285||f|1,900,038||||f 130,553|
##
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|the porffolio|amou|nts
toE1,723,686 (|2020 - f2,203,612).|||
|---|---|---|---|---|---|
|||||2021
E|2020f|
|Investments|may|be further analysed|as follows:|||
|Investment|assets|in the UK||3,052,701|3,155,373|
|Investment|assets|outside the UK||959,306|860,490|
|||||E4,012,007|E4,015,863|
|porffolio.||||||||
|---|---|---|---|---|---|---|---|
|||||||Market|%ofValue|
|||||||Value|of Porffolio|
|||||||E||
|Investment
Pro|les|||||||
|Hawthorne,
Cold Harbour|||Lane, Tonbridge,||Kent|601,131|14.98|
|Other Interests|in Land|and Bulldin||s||||
|28 Beverley Crescent,||Tonbridge,||Kent||389,722|9.71|
|62 Town Acres,|Tonbridge,||Kent|||298,048|7.43|
|3Fairfield Way,|Tonbridge,||Kent|||256,400|6.39|
|29 Roundfield
Avenue,||Harpenden||||251,116|6.26|
|||||||2021|2020|
|Historical Cost||||||62,827,170|E2,906,672|
##
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||||||2021|2020|
|---|---|---|---|---|---|---|
|~DEBTOR||||||F|
|Loans Recoverable|||[Note (i)]||30,000|200,000|
|Other Debtors|||||1,659|8,311|
||||||531,659|f 208,311|
|(i)|Loans||||||
||Brought forward|||at 1 April 2020|200,000|422,010|
||Further advances|||during the year|||
||Gift made||||(70,000)|(50,000)|
||Repayments|during the year|||(100,000)|(172,010)|
||Carried forward||at 31 March 2021||F 30,000|8200,000|
||Due within|one|year||30,000|170,000|
||Due after more||than one year|||30,000|
||||||F 30,000|8200,000|
|CREDITORS:|Amounts|falling|due|within|one|year||2021f||2020
E|
|---|---|---|---|---|---|---|---|---|---|---|
|Accruals|||||||f|2,322|8|3,926|
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|During
the year donations
and
gifts totalling
E208,852
organisations.
Gifts of51,000or more were as follows:|(2020 - F167,283) were made to vari|ous
Christian|
|---|---|---|
||2021|2020|
||E|E|
|Gartmore
House|70,000|50,000|
|Mayenjare
Trust||2,000|
|Starfish Asia Fund|30,000|30,000|
|Tonbridge
Youth Trust|9,000|9,000|
|Philip Seabrook|5,000||
|Wendy
Hogg|1,084|3,015|
|Grace & Light|5,000|5,000|
|Freedom
International|10,000|2,500|
|This is Growth
Ltd (GrowTH)|10,000|11,000|
|Arukah
Network|13,000|14,000|
|Kids Club —Kampala|10,000|5,000|
|Yada Collective|20,000||
|Derby City Mission||10,000|
|Stewardship|12,000|12,000|
|Joshua Network
JAR|13,000|12,000
1,000|
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