## ## ## ## |Contents|||Page| |---|---|---|---| |Report ofthe
Report ofthe
Report ofthe
Consolidated|Chair
Directors
Auditors
Statement
of Financial|Activities|1-3
4-13
14-15
16| |Consolidated|Balance Sheet||17| |Consolidated|Cash Flow statement||18| |Balance Sheet|||19| |Notes to the|Financial Statements||20-29| ## |Directors||R Bolton (resigned 20 October 2020)|R Bolton (resigned 20 October 2020)| |---|---|---|---| |||A M V Coombs|| |||J L C Duff (since|23 February 2021)| |||L Griffiths|| |||A Hawkins|| |||C D Hughes|| |||D R Lucas (resigned 20 October 2020)|| |||E C Mbakwe (since 23 February 2021)|| |||D D McKenzie (since 20 April 2021)|| |||AW Muirhead|| |||GJ Potts|| |||D J Schofield|| |||M P Wakelin
(resigned 20 April 2021)|| |Registered|office|22 Chapter Street|| |||London|| |||SW1P4NP|| |Registered|number|Company
1743091|| |||Charity 287610|| |Auditors||Jacob Cavenagh|8 Skeet| |||5 Robin Hood Lane|| |||Sutton|| |||Surrey SM1 2SW|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Main Objectives|Main Objectives|Main Objectives|Strategies to|Significant Activities|Significant Activities||Performance|| |---|---|---|---|---|---|---|---|---| ||||Achieve|||||| |To reverse||the|To move our|Premier|Christianity||An immediate|| |trend
in|||magazines
and|magazine|moved
on to||increase
in the|| |magazine
read ersi|||their associated
websites,
blogs|the Abacus system
which
will offer better|||average
minutes
that
Premier Christianity|| |subscription
numbers
which,|||and other
multimedia|websites
analysis|and e-sends
of marketing||magazine
website
viewers
remain
on|the| |like most
publishers,||has|content onto new
websites,
CMS|activities and offer
readers dynamic|||site by 50%.
The successful|| |been
in decline.|||and subscription|websites.|This title is||negotiation
of new|| ||||systems.|now also|available
in||print contracts which|| ||||To conduct an in-|digital format for UK|||will save f18,000pa|| ||||depth
print|readers for the first time.|||with a highly|| ||||tendering
process|Planning|is in progress||reputable
UK-based|| ||||to decide on new|for other|magazine
titles||company
which has|| ||||print contracts|to join Abacus system||in|invested
into new|| ||||while reducing|2021.|||technology
to help|it| ||||costs. We will ally||||reduce carbon|| ||||with printers
who||||emissions,
while|| ||||demonstrate
strong carbon||||increasing
paper
recycling.|| ||||reduction
and|||||| ||||recycling|||||| ||||strategies,
plus a|||||| ||||commitment
to|||||| ||||staff welfare and|||||| ||||their local|||||| ||||communit
.|||||| |To challenge|||Investment
in|New volunteers
recruited,|||Passed 1.5m|| |and equip|the||Premier
Lifeline.|trained
and supported||in|answered
calls to|| |UK church to
respond
to||||Premier
Lifeline.|||Lifeline
in February
2020. Increase
in|| |increasing||||Call 5 and|Call 8 Care||number
of hours|| |loneliness
and
isolation caused||||campaigns|launched.||provided
by volunteers
during
Coronavirus|| |by the
Coronavirus|||||||lockdown
to provide
7,500 calls answered|| |andemic.|||||||in ust one month.|| ## ## |N OBJECTIVES,
AR (continued)|N OBJECTIVES,
AR (continued)|STR|ATEGIES|, A|CTIVITI|ES, ACHIEVEMENTS
AND PERF|ORMANCE
DURING T| |---|---|---|---|---|---|---|---| |Main Objectives|||Strategies|to||Significant Activities|Performance| ||||chieve||||| |3.|Continue
to||Disaster|recovery||Continued
adaptions
to|Online
listening
to| ||create output||plan implemented|||content and schedules
across|Premier Christian| ||that meets the||smoothly.|Staff||radio, magazines,
websites|Radio saw an| ||changed
and||working|||and e-sends to provide|increase of50%| ||particular||productively||from|Coronavirus-relevant
news,|during
lockdown
1| ||needs during||home.|||analysis,
biblical reflection,|and the click rate for| ||Coronavirus|||||devotionals,
resources to use|Premier emails has| ||pandemic.|||||with children,
youth,
family
and wider community.|more than doubled,
growing
from 14%to| ||||||||29% over the last| ||||||||ear| ||To strengthen
church's|the|Developed
further
'Big Conversation'|||Further development
ofthe
bespoke
unit set up in 2020 to|Over 5.6 million
views
on YouTube; 600,000| ||apologetic
activity
and to have a||video debate||series.|deliver the 'Big Conversation'
series.|downlods
per month
across our suite of| ||more effective||Launch
in|the|United||podcasts;
and 60%of| ||witness to UK|and|States ofAmerica.||||this audience
is US| ||society in other||||||based.| ||English speaking||||||| ||nations.||||||| ## ## ## |AR (continued)|AR (continued)||,||,|,||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Main Objectives|||Strategies to||Significant||Activities||||Performance|| ||||chieve|||||||||| |To continue||to|Further||Year Two||ofthe|Leap of Faith|||2280k funding
raised for|| |help the UK
churches
to||share|development
to an
organisation-wide||campaign
which
will help
resource the UK church to cross||||||he campaign
in the year-
510k received
in cash|| |the Christian||faith|'digital first'|strategy|the digital||divide|and increase|||ebinar series: developed|| |effectively|in|the|||their local||impact.||We will:||rom its launch
in May '20|| |digital space.|||||- raise awareness||||on the||o run weekly webinars|| ||||||importance
of digital mission
ministry
—provide
training
opportunities
- offer technical
support
—supply
innovative
content
to use.|||||and|until Nov '20, and
continues
with a monthly
online workshop
complemented
by weekly
video and blog content.
Dr Peter Phillip ofCODEC
and the University
of
Durham
was employed
as|| ||||||||||||Digital Theologian
and|| ||||||||||||hrough
the new position|of| ||||||||||||Head of Digital Theology|| ||||||||||||Premier has been able to|| ||||||||||||react instantly
to the|| ||||||||||||enforced
digitisation
of|| ||||||||||||church
life across the UK.|| ||||||||||||Through
the holding of|| ||||||||||||eekly online workshops|| ||||||||||||bringing
together experts|| ||||||||||||rom across the globe,|| ||||||||||||housands
ofchurches|| ||||||||||||ere helped
in their digital|| ||||||||||||ministry.
An online|| ||||||||||||resource
hub containing|| ||||||||||||hundreds
ofvideos and|| ||||||||||||resources was also|| ||||||||||||created. Theological|| ||||||||||||education
in the area of|| ||||||||||||digital was also saved and|| ||||||||||||re-founded
at a new|| ||||||||||||academic home at|| ||||||||||||Spurgeon's
College in|| ||||||||||||London with the first cohort|| ||||||||||||of MA students
already|| ||||||||||||studying
there.|| ||||||||||||The annual
Premier
Digital|| ||||||||||||Conference
moved entirely|| ||||||||||||online offering training
and|| ||||||||||||ideas plus exploration
on|| ||||||||||||he theology of digital|| ||||||||||||church —which attracted|| ||||||||||||1,400 delegates
up over|| ||||||||||||100%on the previous|| ||||||||||||hi hest attendance.|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |FOR THE YEAR|EN|DED 31|MARCH 2021|||||||| |---|---|---|---|---|---|---|---|---|---|---| ||||2021|(12months)|||2020|(18months)||| ||||Unrestricted|Restricted|Total|Unrestricted||Restricted||Total| |||||F|||E|F||| |Income from:||||||||||| |Donations
and legacies|||7,657,521|420,630|8,078,151||9,239,572|280,844||9,520,416| |Charitable
activities
Other income|||2,553,106
158701||2,553,106
158701||4,417,659
31 589|||4,417,659
31 589| |Total income (note 2)|||10369328|420 630 10789958||13688 820||280 844|13969664|| |Expenditure
on:||||||||||| |Raising funds
Charitable
activities (note 3)|||2,992,201
6,601,590|275,923|2,992,201
6,877,513||3,664,958
9,941,494|271 813|3,664,958
10213307|| |Other expenditure||||||||||| |Total expenditure|||9593791|275 923|9869714|13606452||271 813|13878 265|| |Net gains/(losses)
Net income|on investments||2 064
777,6D1|144,707|922,308
2 064|(|78,972
3 396)|-
9,031|(|3396)
88,003| |Transfer between|funds|||||||||| |Net movement
in|funds||777,601|144,707|922,308||78,972|9,031||88,003| |Reconciliation
of|funds|||||||||| |Fund balances
brought||forward|509281|61435|570 716||430 309|52 404||482 713| |Fund balances carried||forward|1 286 882|206 142|1 493 024||5D9 281|61435||570716| ## ## ## |||||||2021|||2020|| |---|---|---|---|---|---|---|---|---|---|---| |||||Note||||||| |Fixed assets||||||||||| |Intangible
assets
Tangible assets
Investments||||4
5a
6|||100,309
119,107
4 861|||36,657
108,850
2 797| ||||||||224,277|||148,304| |Current assets||||||||||| |Debtors||||7|1,708,410|||1,481,525||| |Cash at bank and|in|hand|||1 195045|||171446||| ||||||2,903,455|||1,652,971||| |Creditors: Amounts||falling|due|||||||| |within one year||||8|(1 612 871)|||(1 218911)||| |Net current assets||||||1|290 584|||434 060| |Total assets less|current||liabilities|||1,514,861||||582,364| |Creditors: Amounts||falling|due|||||||| |after more than|one year|||||(|21 837)|||(11648)| |Net assets||||||1|493 024|||570 716| |Represented
by:
Unrestricted
funds||||10b||1,286,882||||509,281| |Restricted
funds||||10a|||206 142|||61 435| |||||||1|493024|||570 716| ## ## |FOR THE YEAR ENDE|31 MAR|CH 2|021||Company|number:|1743091| |---|---|---|---|---|---|---|---| |||||2021|(12months)|2020 (18months)|| |Net cash provided/(used|in) by||||||| |operating
activities (see|below)||||1,222,192||(263,732)| |Cash flows from investing|activities||||||| |Receipts on disposal of investment||property||||195,780|| |Payments
on fixed asset|additions|||(161726)||(118479)|| |Net cash (used in)/from
investing
activities|||||(161,726)||77,301| |Cash flows from financing|activities||||||| |Loans repaid||||(36867)||(107803)|| |Net cash used
in financing|activities||||(36,867)||(107,803)| |Net cash inflow/(outflow)|||||1,023,599||(294,234)| |Cash and cash equivalents|at start of year||||171446||465 680| |Cash and cash equivalents|at end ofyear||||1 195045||171446| |Cash flows from operating|activities||||||| |Net income for the year/period|||||922,308||88,003| |Depreciation
Amortisation|||||68,345
19,472||168,044| |Net (gains)/losses
on investments
Loss on disposal of investment
property
Decrease
in debtors
Decrease/(increase)
in creditors|||||(2,064)
(226,885)
441 016||3,396
4,220
(126,143)
(401 252)| |Net cash provided
by/(used|in) operating||activities||1 222 192||(263732)| |Analysis ofchange
in net debt|||||||| |||||At|Cash
Non-cash||At| |||||1.4.20f|flowsf
changes
f||31.03.21
f| |Cash
Loans falling due within one
Loans falling due after more|year (Note 8)
than one year (Note 9)|||171,446
( 36,867)|1,023,599
36,867||1,195,045| |||||134579|1 060466||1 195045| ## ## |||||||||2021||||2020|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||Note||||||||| |Fixed assets|||||||||||||| |Tangible assets
Investments|||||5b
6||||988
4 861||||25,344
2 797| ||||||||||5,849||||28,141| |Current assets|||||||||||||| |Debtors|||||7||1,045,618||||914,472||| |Cash at bank and|in|hand|||||729 438||||96361||| ||||||||1,775,056||||1,010,833||| |Creditors: Amounts||falling|due||||||||||| |within one year|||||8|(|173905)|||(|118726)||| |Net current assets||||||||1|601 161||||892 107| |Total assets less|current||liabilities|||||1,607,000|||||920,248| |Creditors: Amounts||falling|due|in more|||||||||| |than one year|||||||||||||| |Net assets||||||||1|607 000||||920 248| |Represented
by:
Unrestricted
funds|||||10c|||1,400,858|||||858,813| |Restricted funds|||||10a||||206 142||||61 435| |TotalFunds||||||||1|607 000||||920 248| ## ## ## ## ## ## ## ## |asset in e|qual annual
instalments
over the|following
exp| |---|---|---| |Goodwill||5 years| |Software|8 website|3years| |Leasehold|improvements|5 years| |Fixtures,|fittings and office equipment|5 years| |Computer|equipment|3years| |Studio equipment||5 years| ## ## ## ## ## ## |2|INCONIE||||||||| |---|---|---|---|---|---|---|---|---|---| ||||Unrestricted||Restricted|Total||Total|| |||||Funds|Funds|2021||2020|| |||||||12m|||18m| |||||||E|||f| ||Donations and legacies
Donations||7,605,693||20,000|7,625,693|8,948,477||| ||Legacies
Government
grants
Other Grant income|||41,828
10000|7,500
103,420
289 710|49,328
103,420
299710||343,688
228 251|| ||||7657 521||420 630|8078 151|9|520|416| ||Charitable
activities||||||||| ||Broadcasting
revenue
Magazine
revenue||1,721,369
831 737
2 553 106|||1,721,369
831 737
2553106|2,982,684
1 434975
4417659||| ||Other trading activities
Transmission
income|||22,978||22,978||31,589|| ||CJRS government
grant||135723
158 701|||135723
158701||31|589| ||Total income||10369328||420 630|10789958|13|969|664| |3|CHARITABLE ACTIVITIES||||||||| |a)|Total costs:||||2021||||2020| ||||Activities undertaken|Grant funding||Support|Total||Total| ||||directly||ofactivities|Costs|||| ||||||||12m||18m| ||Broadcasting
costs
Magazine
publishing
costs
Other Christian
activities||5,910,610
400,330||63,889|6,231,839
558,547
63,889
321,229
158,217|||9,525,100
617,636| ||Governance
costs|||||23 238|23|238|70 571| ||||6 310940||63 889|502 684
6|8?7|513|10213307| |b)|Support costs:|||||2021
12m|||2020
18m| ||Staffing cost
Premises
and maintenance|||||583,088
498,878|||667,797
836,916| ||General overhead
costs|||||284,898|||297,614| ||Telecommunications|and IT|costs|||374,426|||566,064| ||Depreciation
Legal and professional
Bank charges
Governance
costs|||||63,460
115,468
77,465
96827|||168,045
70,483
81,601
220 536| |||||||2 094|510||2 909 056| ||Raising funds
Charitable
activities|||||1,591,826
502 684|||1,978,158
930898| |||||||2094|510||2 909056| ## ## ## ## ## ## |Staff costs:||||||||2021|2020| |---|---|---|---|---|---|---|---|---|---| |||||||||12m|18m| |Wages and salaries
Social security costs
Pension||||||||3,308,901
324,623
123953|4,616,922
446,101
150942| |Freelance and agency staff
Other staff costs||||||||3,757,477
522,979
80484|5,213,965
235,976
169341| |||||||||4 360 940|5619282| |Wages and salaries|include||redundancy||payments|off22,374 (2020:|ENil).||| |The average
number||ofemployees||during|the year/period|||2021|2020| |||||||||12m|18m| |was made
up as follows:||||||||No|No| |Administration||||||||9|8| |Advertising||||||||11|16| |Directors||||||||3|3| |Infrastructure,
Web and Database||||||||13|11| |Lifeline||||||||3|3| |Listener and Donor Relations||||||||19|15| |Programming||||||||23|31| |Magazine
production||||||||8|8| |||||||||89|95| |The following
numbers||ofemployees||ofthe group||received emoluments|of|2021|2020| |||||||||12m|18m| |f60,000 or more as follows:||||||||No|No| |F60,000 - 270,000|||||||||4| |270,000 - F80,000|||||||||6| |E80,000 - F90,000|||||||||2| |290,000 —f100,000|||||||||4| |F100,000 —F110,000|||||||||3| |2110,000 —f120,000|||||||||1| |2120,000 - F130,000|||||||||2| |F130,000 —F140,000|||||||||=1| |Governance
costs comprise:||||||||2021|2020| |||||||||12m|18m| |Auditors'
remuneration||—for audit||services||||20,850|20,250| |Staff costs||-for other||services||||7,230
68 747|13,245
187041| |||||||||96 827|220 536| ## ## |ES TO THE FINANCIAL STATEMENTS
THE YEAR ENDED 31 MARCH 2021 (cont|inued)|||| |---|---|---|---|---| |INTANGIBLE ASSETS:group|Goodwill|Software|Websites|Total| |Cost||||| |At 1 April 2020
Additions|474,058|188,900
67,014|162,407
16,110|825,365
83,124| |Disposals
At 31 March 2021|474 058|255 914|178517|908489| |Amortisation||||| |At 1 April 2020
Provided|474,058|171,807
9,506|142,843
9,966|788,708
19,472| |Released
on disposal
At 31 March 2021|474 058|181313|152809|808 180| |Net book value||||| |At 31 March 2021||74601|25 708|100309| |At 31 March 2020||17093|19564|36657| ## |a) TANGIBLE FIXEDA|SSETS:group|||||| |---|---|---|---|---|---|---| ||Leasehold|Leased|Computer|Studio|Office|| ||Improvements|equipment|equipment|equipment|equipment|Total| |Cost||||||| |At 1 April 2020
Additions|151,604|67,984
3,839|195,100
71,695|241,467
2,824|142,219
244|798,374
78,602| |Disposals
At 31 March 2021|151604|71 823|266 795|244 291|142463|876 976| |Depreciation
At 1 April 2020
Provided|145,444
2,761|34,909
10,886|176,215
22,460|196,324
29,996|136,632
2,242|689,524
68,345| |Released
on disposal
At 31 March 2021|148205|45 795|198675|226 320|138874|757 869| |Net book value||||||| |At 31 March 2021|3399|26 028|68 120|17971|3589|119107| |At 31 March 2020|6 160|33 075|18885|45 143|5 587|108 850| ## ## |Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.|Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.|Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.|Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.|Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.|Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.|Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.|Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.|Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.|Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.|Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.|Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.|Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.|Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.|Company
Premier
Christian
Media Trust owns the whole of the issued share capital of Premier
Christian
Communications
Limited
(Company
number
2816074) and
Christian
Communications
Partnership
Limited
(Company
number
3422292). Both companies
are UK companies.| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |The principal
activity of the Premier
Christian
Media Trust has been to fulfil the objects of promoting
the Christian
faith through
media
activities.
It does this through
Premier
Christian
Communications
Limited,
which operates
a
radio station
broadcasting
nationwide
and produces
magazines.
Christian
Communication
Partnership
operates
transmission
sites.||||||||||||||| |f1 ordinary shares|||||||||202$||||2020
E|| |Premier Christian
Communications
Limited:||||||||||||||| |Christian
Communications
Partnership|Limited:|||||||||||||| |Value at 31 March 2021 and 31 March 2020||||||||||||||| |Group and company||||||||||||||| |Listed investments:||||||||||||||| |Market value at 1 April 2020/1 October 2018
Additions|||||||||2,797||||6,193|| |Revaluation
Market value at 31 March 2021|||||||||2
4|064
861|||(3396)
2 797|| |Cost|||||||||9|944|||9944|| |Group and company||||||||||||||| |Investment
property:||||||||||||||| |Market value at 1 April 2020/1 October 2018|||||||||||||200,000|| |Addition||||||||||||||| |Disposal
Revaluation||||||||||||(200,000)||| |Market value at 31 March 2021||||||||||||||| ## |At 31 March 20|21 a summary
ofthe financial|information
ofthe subsidiaries
is as follo|ws:|| |---|---|---|---|---| |||Premier||Christian| |||Christian||Communications| |||Communications|Ltd|Partnership
Ltd| |Assets||1,479,846||206,467| |Liabilities
Net (Liabilities)/assets||(7 024 716)
(5 544 870)||(196629)
9838| |Turnover
Other operating|income|10,162,672
135,756||168,320| |Expenditure
Profit /(loss)||(9700 012)
598416||(168358)
(
38)| ## ## |FOR|THE YEAR ENDED|3|1 MARCH 2021 (continue|d)||||| |---|---|---|---|---|---|---|---|---| |7|DEBTORS||||Group||Company|| |||||2021||2020|2021|2020| ||Trade debtors|||314,046||323,444||| ||Due from group undertaking
Other debtors|||38,527
799,227||740,680|208,946
657,662|135,345
656,210| ||income tax recoverable|||179,010||122,917|179,010|122,917| ||Prepayments|||377600
1 708410|1|294 484
481 525|1 045618|914472| |8|CREDITORS: Amounts||falling due within one year||Group|||Company| |||||202I||2020|2021|2020| ||Trade creditors|||599,707||384,782|44|| ||Accruals and deferred|income||829,824||511,615|141,011|81,859| ||Taxation and social security|||86,047||86,36'1||| ||SITR loan|||||36,867||36,867| ||Other creditors|||97293||199286|32 850|| |||||1 612871|1|218911|173905|118726| |9|CREDITORS: Amounts||falling due after more than|one year||||| ||||||Group||Company|| |||||2021||2020|2021|2020| ||Other creditors|||21 837||11648||| |10a|RESTRICTED FUNDS||—Group and Company|||||| ||||Balance blf at'|Income|Expenditure||Transfers|Balance clfat| ||||01.04.2020|||||31.03.2021| ||Unbelievable|||289,710|(|95,058)||194,652| ||Digital Literacy Project|||20,000|(|20,000)||| ||Lifeline|||7,500|(|7,500)||| ||Call and Care|||103,420|(103,420)|||| ||Archivist||28,347||(|16,857)||11,490| ||Premier US||33088||(|33088)||| ||||~614 5|420 630|(275 923)|||206 142| ||||Balance blfat|Income|Expenditure||Transfers|Balance clfat| ||||01.10.2018|||||31.03.2020| ||Unbelievable||4,684|193,251|(197,935)|||| ||Archivist
Premier US||47,720
52 404|35,000
52 593
280 844|( 54,373)
( 19505)
(271 813)|||28,347
33088
61435| ## ## |||||Balance blfat
01.04.2020|Income|Expendi ture|Investment
gains|Balance clfat'
31.03.2021| |---|---|---|---|---|---|---|---|---| |General
Designated|—Leap|of|Faith|727,478
(218 197)
509 281|9,937,338
431 990
10369 328|(9,189,422)
( 404 369)
(9593791)|2,064
2 064|1,477,458
( 190 576)
1 286 882| |||||Balance blfat
01.10.2018|Income|Expenditure|Investment
losses|Balance clfat
31.03.2020| |||||||E||| |General
Designated|—Leap|of|Faith|430,309
43D 309|13,590,064
98756
13688 820|(13,289,499)
(
316953)
(~3606452)|(3,396)
(3396)|727,478
(218 197)
509281| ## |||||Balance blfat
01.04.2020|Income|Expenditure|Investment
gains|Balance clfat
31.03.2021| |---|---|---|---|---|---|---|---|---| |||||||E||| |General
Designated|—Leap|of|Faith|1,077,010
(218197)
858 813|7,245,084
431 990
7677074|(6,732,724)
( 404 369)
(7 137 093)|2,064
2 064|1,591,434
( 190576)
1 4DD 858| |||||Balance b!fat
01.10.2018|Income|Expenditure|investment
losses|Balance clfat
31.03.2020| |||||||||E| |General
Designated|—Leap|of|Faith|834,874
834 874|9,170,382
98756
9 269 138|(8,924,850)
( 316953)
(9241 803)|(3,396)
(3396)|1,077,010
( 218 197)
858 813| ## ## |1
ANALYSIS OF NET A
(Group)|SSETS BETWE|EN FUNDS|||||| |---|---|---|---|---|---|---|---| ||Restricted|Unrestricted||Total|Restricted|Unrestricted|Total| ||Funds|Funds||2021|Funds|Funds|2020| |Intangible
assets
Tangible assets
Investments||100,309
119,107
4,861||100,309
119,107
4,861||36,657
108,850
2,797|36,657
108,850
2,797| |Net current assets|206,142|1,084,442|1,290,584||61,435|372,625|434,060| |Creditors due after more
than one year
Totals|206 142|(
21 837)
1 286 882|(
1|21 837)
493 D24|61 435|( 11648)
5D9 281|(11648)
570 716| |(Company)|Restricted|Unrestri cted|Total|Restricted|Unrestricted|Total| |---|---|---|---|---|---|---| ||Funds|Funds|2021|Funds|Funds|2020| |||||||E| |Intangible
assets
Tangible assets
Investments
Net current assets|206,142|988
4,861
1,395,009|988
4,861
1,601,151|61,435|25,344
2,797
830,672|25,344
2,797
892,107| |Creditors due after more||||||| |than one year|206 142|1 400 858|1 607 000|61435|858 813|92D 248| ## ## ## ##