**Charity Registration No. 286042** **Company Registration No. 01659610 (England and Wales)** ## **EVERY HOME FOR CHRIST** # **ANNUAL REPORT AND UNAUDITED FINANCIAL** **STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020** ## **EVERY HOME FOR CHRIST** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **Trustees** Rev E R Leach J D Llewellyn A G Stone **Charity number** 286042 **Company number** 01659610 **Registered office** 44 Brick Farm Close Richmond TW9 4EG **Independent examiner** Leigh Golding ACA; CA(SA) **Bankers** Barclays Bank PLC 8 - 9 Hanover Square London W1A 4ZW ## **Solicitors** Rubinstein Callingham 6 Raymond Buildings Grays Inn London WC1R 5BZ **CONTENTS** ## **EVERY HOME FOR CHRIST** ||**Page**| |---|---| |Trustees' report|1 - 5| |Independent examiner's report|6| |Statement of financial activities|7| |Balance sheet|8| |Notes to the financial statements|9 - 15| ## **EVERY HOME FOR CHRIST** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 DECEMBER 2020**_ The trustees present their report and financial statements for the year ended 31 December 2020. The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2020. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ireland (FRS 102 - effective 1 January 2019). ## **Objectives and activities** The main activities and aims of the organisation are as follows: 1. To arrange meetings, conferences, courses, services and broadcasts 2. To publish and disseminate religious literature among the public in general 3. To increase interest in Christian missionary activities throughout the world and generally to promote, promulgate, teach and practice the precepts and doctrines of the Christian faith and to seek to lead men, women and children to a saving knowledge of Jesus Christ. An exhaustive list of our objectives is contained in our memorandum of Association. ## **Significant activities** During the year the charity made donations of £ 31,595 to overseas projects as follows: |**Project**
|**Amount (£)**| |---|---| |Trumpet of Salvation (Jacob Damkani)|1,329| |Evan & Maala Thomas (Israel)|1,584| |EHC USA|5| |EHC Europe|285| |EHC Israel|50| |Australia (Various)|28,343| |**Total**
|**£31,595**| - 1 - ## **EVERY HOME FOR CHRIST** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2020**_ The Australian donations were distributed as follows: - 2 - ## **EVERY HOME FOR CHRIST** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2020**_ ## **Volunteers** The charity currently has no volunteers other than the trustees and directors. ## **Achievements, performance and financial review** During 2020 the charity received donations and legacies of £56,129 (2019 - £154,291) and made grants of £56,109 (2019 - £42,631). Grants amounting to £31,595 (2019 - £21,188) were allocated to designated projects with £24,514 (2019 - £21,443) allocated where needed most. Expenditure for the year amounted to £89,563 (2019 - £51,141) which includes an amount of £30,056 allocated to raise the profile of EHC UK through a public relations campaign and an overhaul of our online presence. This project was undertaken by Stoneworks Productions Limited, a company wholly owned by Adrian Stone, a trustee of Every Home for Christ, The project incorporated an upgraded website, the development and production of charity brand videos, prayer course videos and social media marketing. The Directors have established the level of reserves that the company requires to bridge the gap between incoming resources from donations and events and spend on running costs (office and newsletter) and commitments to the international ministry. Reserves will be defined as funds that are freely available, separate from those that are designated gifts or those that are set aside and designated for future specific purposes. The Board of Directors, allowing for 3 months running costs for office and newsletter commitments to international ministries and provision for urgent humanitarian aid, consider that the ideal level of reserves would be £12,000 for 2020. At times outgoing costs exceed incoming income although EHC Australia continues to offer financial support to Every Home For Christ UK ( EHCUK). Further, in August 2020, we took up the offer of a Bounce Back loan of £30,000, with the charges and interest for the first year being met by the government. Thereafter, the loan bears interest at 2.5% p.a. and is repayable over a 5 year term. ## **Principal funding sources** Funding is solely from supporters on the EHC database, however, as noted above, for the year ended December 2020, the company took up the offer of a Bounce back loan amounting to £30,000. ## **FUTURE DEVELOPMENTS** 'Change the World School of Prayer' seminars will continue to be organised, subject to the availability of facilitators from EHC's international staff. The availability of the 'Change the World School of Prayer' on DVD has now opened up other avenues and possibilities for this teaching within the UK. The company will continue sending the bi-monthly newsletter, (previously monthly), with up-to-date reports of EHC activities in 196 countries in which EHC is active as a worldwide organisation. EHCUK is currently in correspondence with EHC USA with regard to partnership projects that will hopefully inject more funds into EHCUK. ## **Structure, governance and management** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. - 3 - ## **EVERY HOME FOR CHRIST** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2020**_ The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: Rev E R Leach J D Llewellyn A G Stone ## **Recruitment and Appointment of new trustees** As a charitable organisation and a limited company, EHCUK needs to ensure that it recruits people to serve on its board with the appropriate skills, aptitude and commitment. Board membership is a chance to learn new, diverse skills and ways of working. Each board member has a role in the charity's operation, and not one trustee is more important or accountable than any other. Although EHCUK Trustees are not paid for their services, this does not mean they are 'amateurs' or unprofessional. Trustees have an important say in the way the charity supports and provides services. Trustees have the ultimate responsibility for the management and administration of the organisation. As a limited company, they do not have personal liability for the finances (unless there has been negligence) and they are the 'employers' of all the staff. Trustees must act prudently at all times in the best interests of EHCUK and its users, and are accountable for the proper management of the charity and its assets. ## **Recruitment & Selection** Trusteeship is a skill that grows over time with experience - and with training where necessary. But the better EHCUK handles the selection, recruitment and induction of new trustees at the outset, the greater the immediate contribution they will be able to make to the quality of EHCUK governance and its work. This is likely to produce, not only better results for those EHCUK is there to help, but also greater confidence and fulfilment for the new trustees themselves. ## **Identification of potential Trustees** EHCUK currently uses its own networks and contacts to identify potential members. Potential members are approached in person by the Chairman or another Trustee and asked if they are interested. EHCUK may openly recruit Trustees, placing an advertisement in the appropriate press. ## **Induction and training of new trustees** ## **Information** In addition to the Annual Report and Accounts previously sent, new Trustees will be sent the following information: - a) EHCUK governing document - Memorandum and Articles of Association - b) Mission statement - c) Minutes of the last year of board meetings - d) Companies House Form 288a - appointment of Director - e) A copy of Companies House Director and Secretaries Guide - f) EHCUK appropriate policies - g) The most recent set of management accounts - h) Board schedule - i) Contact details of other Trustees - 4 - EVERY HOME FOR CHRIST TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020 Trnlnlng EHCUK wlshes to Invest In the tr8Snlng, 8UPPOrt and development of its trustees, as with Its members of taff, In order to Increase the contrlbutlon that the board can make to the tharitys management. Cournes If demand Is requlred from the Board, EHCUK will endeavour to hold a training day on a specific topic for all tx)artJ members on the same day. Altemativety, relevant courses may be appropriate which can be conducted extemalty or Intemally. Brleflng at Board Meetlngs If demand18 requlred, EHCUK will arrange for a briefing to take place as part of a Board meeting. Budget for Trnlnlng EHCUK wlll pay reasonable Board Travel and Expenses. Organl8atlonal Structure The ch8rtty h88 It8 Board of Trustees and one part time office employee. Wlder network EHCUK works In partnershlp with other EHC offices around the worfd and reports actmtles to the Intemational Office based In Colorado, USA. No financial support for the UK is derived from the Intemational office. EHC worldwlde has an Intematlonal President and Regional Directors. Related partles The charity employed Mrs. L. Stone on a part time basis to deal with administration matters. Rl8k management The twstees have a duty to Identify and revlew the risks to which the tharity is exposed and to ensure approprfate controls are in place to provlde reasonable assurance against fraud and error. The trustees, report was approved by the Board of Tnjstees. J D Lleweltyn Dated: 27 September 2021 ## **EVERY HOME FOR CHRIST** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EVERY HOME FOR CHRIST** I report to the trustees on my examination of the financial statements of Every Home for Christ (the charity) for the year ended 31 December 2020. ## **Responsibilities and basis of report** As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination: or - 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the financial statements to be reached. Leigh Golding ACA; CA(SA) Dated: 27 September 2021 - 6 - ## **EVERY HOME FOR CHRIST** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 DECEMBER 2020**_ |**Unrestricted**
**Restricted**
**funds**
**funds**
**2020**
**2020**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**2**
24,022
32,107
**3**
57
-
24,382
32,107
**5**
89,563
-
**6**
24,514
31,595
Investments
Government Grants
**Total income**
**Expenditure on:**
Raising funds
Charitable activities
**Total resources**
**expended**
114,077
31,595
(89,695)
512
40,178
17,903
**Net income/(expenditure)**
**for the year/**
**Net movement in funds**
Fund balances at 1
January 2020
**Fund balances at 31**
**December 2020**
(49,517)
18,415
**4**
303
-|**Total**Unrestricted
Restricted
funds
funds
**2020**
2019
2019
**£**
**£**
**£**
56,129
133,602
20,689
57
139
-
56,489
133,741
20,689
89,563
51,141
-
56,109
21,188
145,672
72,584
21,188
(89,183)
61,157
(499)
58,081
(20,979)
18,402
(31,102)
40,178
17,903
21,443
303
-
-|Total
2019
**£**
154,291
139
154,430
51,141
42,631
93,772
60,658
(2,577)
58,081
-| |---|---|---| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. - 7 - EVERY HOME FOR CHRIST BALANCE SHEET AS AT31 DECEMBER 2020 2020 Flxod a¥￿t* Tangible assets Current a880ts Debtors Cash at bank and in hand 11 3.130 459 12 10.( 47,995 81.462 57,995 81.462 Cr8dltorn: amounts falllng ￿￿thIn on8 year 13 {64.5e6) 123.840) Not ￿rrent a88e1￿(l1a￿'lItr98) (6,591) 57,822 Long teTh Ilabllities 14 127,6411 Totsl a•••ts h•• Ilabllltl•• (31,1021 58.081 In¢om• fund• ReStr￿ted fvnds 16 18.415 17,903 Designated ftJnd8 n•ral unresb1thd funds 107,262 167.0841 (126,7231 (49,5171 40,178 (31,102) sa.￿1 The comp8ny18 enmed to the exemption from the audll requirBment ￿nI41n8d ￿ 8•Ction 477 of tho Companiè8 Act 20C6, for the year ended 31 t)ecember 2020. Th8 trustees 8cknowle(Ige their resp)n￿￿lItieS for engjfirffj that the charity keep8 acwjntfjng reLx>rdts whld) comply wrth section 386 of the Ad and for prgparing finanoal 8tatemenls give a true and fair wow of tha Stale of affairs of the company a8 at the end of the finarKial year and of its incoming rgwurns and application of resources, induding 118 income and expenditwe. for the finana81 year in accordance with the requirement$ of sections 394 and 395 and whith otherwise compty with Ihe requnments of thè Compan￿8 Act 2CXB relotinq to financAal statements, so tar as awicoble to the company. The members have nol required the o)mpany tt) (thin an audÉi of its finaKial stst•mfjnts for the year in qugstion in accofdance secticm 476. These financ901 slalements h8ve been prepwed in wrth the provisi￿5 applicable to cornpanies subject to the small ojmpanies regime. The finanual 8Lthments werg ap ved by Ihe Trustees on 27 September2021. A G Stone Truslee Company Rgglstratlon No. 01669 10 ## **EVERY HOME FOR CHRIST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## _**FOR THE YEAR ENDED 31 DECEMBER 2020**_ ## **1.Accounting Policies** ## **Charity information** Every Home for Christ is a private company limited by guarantee incorporated in England and Wales. The registered office is 44 Brick Farm Close, Richmond, TW9 4EG. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's Trust Deed, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **1.2 Going concern** The Covid pandemic has impacted on the charity's fundraising income, although as a grant making charity with few ongoing commitments, this will impact on new grants that can be made in the short term rather than affecting the ability of the charity to continue as a going concern. Further, EHC Australia continues to offer financial support to EHCUK, thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. ## **1.4 Incoming resources** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. **(Continued)** - 9 - ## **EVERY HOME FOR CHRIST** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2020**_ ## **1 Accounting Policies** ## **(continued)** Donated services or facilities are recognised when the company has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the company of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS102), the general volunteer time of the friends is not recognised, The Trustees' report should be referred to for more information about their contribution. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the company which is the amount the company would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in the period of receipt. ## **1.5 Resources expended** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefit will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. Charitable activities and Governance costs are costs incurred on the company's educational operations, including support costs and costs relating to the governance of the company apportioned to charitable activities. Grants payable are charged in the year when the offer is made except those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but accrued as expenditure. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: |Fixtures and fittings|25% on reducing balance| |---|---| |Computers|25% on reducing balance| The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year. ## **1.7 Impairment of fixed assets** At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). - 10 - _**FOR THE YEAR ENDED 31 DECEMBER 20 20**_ ## **EVERY HOME FOR CHRIST** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## **Accounting policies** ## **(Continued)** ## **1.8 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.9 Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## **Basic financial assets** Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## **Basic financial liabilities** Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. ## **1.10 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. ## **2 Donations and legacies** ||**Unrestricted**|**Restricted**|**Total**|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---| ||**funds**|**funds**||funds|funds|| ||**2020**|**2020**|**2020**|201**9**|201**9**|201**9**| ||**£**|**£**|**£**|£|£|£| |Donations and gifts|24,022|32,107|56,129|133,602|20,689|154,291| - 1 1 - ## **EVERY HOME FOR CHRIST** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 20 20**_ ## **3 Investments** |**5**
**Raising funds**
Staff costs
Depreciation and impairment
Support costs
**6**
**Charitable activities**
Grant funding of activities (see note 6)
**Analysis by fund**
Unrestricted funds
Restricted funds
**For the year ended 31 December 2019**
Restricted funds
Deposit Account
**4**
**Government Grants**
Year 1 charges and interest on Bounce Back loan
borne by the government|| |---|---| ||| - 1 2 - ## **EVERY HOME FOR CHRIST** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 20 20**_ ## **7 Grants payable** |Grants to institutions:
Trumpet of Salvation (Jacob Damkani)
Evan & Maala Thomas (Israel)
Australia
EHC USA
EHC Europe
EHC Israel
Other|**2020**
**£**
1,584
28,343
5
285
24,564
56,109
1,329
50|2019
£
1,322
1,334
17,298
288
946
21,443
42,631
-| |---|---|---| ## **8 Independent examiner's remuneration** |The analysis of independent examiner remuneration is as follows:||| |---|---|---| |Fees payable toGolding and Co Accounting Services Limited|**2020**|**2019**| ||**£**|**£**| |Examination of the annual accounts|2,100|2,485| ## **9 Trustees** During the year the company undertook a project to raise the profile of EHC UK through a public relations campaign and an overhaul of the EHC online presence. An amount of £30,000 was paid to Stoneworks Productions Limited in this regard; Stoneworks Productions Limited is a company wholly owned by Adrian Stone, a trustee of Every Home for Christ. A short term loan of £10,000 was made to Adrian Stone on 9 November 2020. The loan was unsecured, interest free and repayable on demand. The full amount of the loan was repaid on 14 April 2021. None of the trustees (or any persons connected with them) received any remuneration , reimbursement of expenses or benefits from the charity during the 2019 year. - 1 3 - ## **EVERY HOME FOR CHRIST** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 20 20**_ ## **10 Employees** ## **Number of employees** The average monthly number of employees during the year was: ||**2020**|**2019**| |---|---|---| ||**Number**|**Number**| ||1|1| |**Employment costs**|**2020**|**2019**| ||**£**|**£**| |Wages and salaries|17,914|13,644| |Social security costs|-|154| |Other pension costs|216|206| ||18,130|13,850| No employee received remuneration amounting to more than £60,000 in either year. ## **1 1 Tangible fixed assets** |**1**|**Tangible fixed assets**|||| |---|---|---|---|---| |||**Fixtures and**|**Computers**|**Total**| |||**fittings**||| |||**£**|**£**|**£**| ||**Cost**|||| ||At 1 January 2020|1,306|7,190|8,496| ||At 31 December 2020|1,466|10,469|11,935| ||**Depreciation and impairment**|||| ||At 1 January 2020|1,281|6,756|8,037| ||Depreciationcharged in the year|20|748|768| ||At 31 December 2020|1,301|7,504|8,805| ||**Carrying amount**|||| ||At 31 December 2020|165|2,965|3,130| ||At 31 December 2019|25|434|459| |**12**|**Debtors**|||| ||||**2020**|**2019**| ||**Amounts falling due within one year:**||**£**|**£**| ||Other debtors||10,000|-| - 1 4 - ## **EVERY HOME FOR CHRIST** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 20 20**_ |**13**|**Creditors: amounts falling due within one year**|**2020**|**2019**| |---|---|---|---| |||**£**|**£**| ||Other taxation and social security|127|167| ||Other creditors|59,999|21,188| ||Accruals and deferred income|2,100|**2,485**| ||BounceBackLoan< 1 Year|2,359|-| |||64,585|23,840| |**14**|**Long Term Liabilities**|**2020**|**2019**| |||**£**|**£**| ||Bounce Back Loan>1 Year|27,641|-| Loan received on 12 August 2020 in the amount of £30,000. First year charges and interest borne by the UK government, thereafter interest bearing at 2.5% p.a and repayable over a 5 year term. The loan is unsecured. ## **15 Restricted funds** The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes: |||||**Movement in funds**|**Movement in funds**|||**Movement**|**in funds**|| |---|---|---|---|---|---|---|---|---|---|---| ||**Balance at**|||**Incoming**|
**Resources**||**Balance at**|
**Incoming**|**Resources**|**Balance at**| ||**1 January**||**2019**|**resources**|
**expended**|**1**|**January2020**|**resources**|**expended**|**31 December**| |||||||||||**2020**| ||||**£**|**£**|
**£**||**£**|
**£**|**£**|**£**| ||Restricted|||||||||| ||funds|18,402||20,689|(21,188)||
17,903|32,107|(31,595)|
18,415| |**16 **|**Analysis of net assets between funds**|||||||||| ||||**Unrestricted**||**Restricted**||**Total**|Unrestricted|Restricted|Total| |||||**funds**|**funds**|||funds|funds|| |||||**2020**|**2020**||**2020**|2019|2019|2019| |||||**£**|**£**||**£**|£|£|£| |Fund|balances at 31|||||||||| |December 2020are||||||||||| |represented by:||||||||||| |Tangible assets||||3,130|-||3,130|459|-|459| |Current assets/(liabilities)
Longterm Liabilities||||(27,641)
(6,591)|

-
-|
|(6,591)
(27,641)|57,622|-
-|-
57,622| |||||(31,102)|-||(31,102)|58,081|-|58,081| ## **17 Related Party** There were no disclosable related party transactions during the year (2019 - none). - 1 5 -