## ## |Trustees'
Annual

From
6th April 2020
Chi|Re|port
To|for the
5th April|period
2021| |---|---|---|---|---| |arty name:|||Green|Pastures
Christian
Centre| |Charity registration
number:|||289377|| |Objectives and Activities||||| |||SORP reference||| |Summary
ofthe purposes
of
the charity as set out in its
governing
document
Summary
ofthe main
activities
in relation to those
purposes
for the public
benefit,
in particular,
the
activities,
projects or services
identified
in the accounts.||Para
Para
1.19|1 17
1.17and|To promote the Christian
gospel &to
provide a place for Christians
ofall
denominations
to meet for fellowship,
ra er 8 teachin
The Centre is normally
used as a place
for retreat &restoration
but, due to the
Covid19 lock-down,
activity this year has
been minimal.
Sunday morning
worship
was also suspended
for most ofthe year| |Statement
confirming
whether
the trustees
have
had regard to the guidance
issued
by the Charity
Commission
on public
benefit||Para|1 18|The trustees
have had regard to the
public benefit guidance.
Sunday meetings
for prayer &fellowship
are open to the general
public, when
permitted.| |Additional
information
(optional)
You ma
choose to include further statements||||where relevant
about:| |||SORP|reference|| |Policy on grant making||||| |||Para 1.38||| |Policy on social investment||||| |including
program
related
investment||Para
1|38|| |Contribution
made by
volunteers||Para 1.38||The Charity is grateful for the unstinting
efforts ofits 2volunteers
during
the year,
who were involved
in providing
bookkeeping
services and land work.| |Other||||| ## |||SCRP reference|| |---|---|---|---| ||||Ilr & INrs Thornhill
continue to act as| |Summary
ofthe main
achievements
ofthe charity,
identifying
the difference the
charity's
work has made to
the circumstances
of its
beneficiaries
and any wider
benefits to society as a
whole.||Para 1.20|general managers
8 resident caretakers
ofthe property. The land 8 buildings
are
managed
by the trustees
& INr Thornhill
maintains
the property
on a voluntary
basis.
There were no church meetings
nor
letting of buildings
during the year due to
lockdown. This enabled
INr Thornhill
to
make repairs
&renewals
to Beulah 8
Berachah, and the main house. Staging
was built in Beulah for new sound| ||||equipment.
The heating system was
updated
with new radiators
installed.
INr| ||||Thornhill
also planted trees &shrubs 8
renewed
fencing along the boundary
of
the grounds.
The condition ofthe pasture
land was improved
with farrowing,
weedkilling
8 fertilising. Grass had to be
re-seeded due to badger damage.| |Additional
information
(optional)
You ma
choose to include further statements|||where relevant
about:| |Achievements
against||Para 1.41|| |objectives set|||| |Performance
offundraising|||| |activities against objectives||Para 1.41|| |set|||| |Investment
periormance
against objectives||Para 1.41|The trustees'
investment
policy is based
on ethical principles.
The investments
are shown at market
value at the year end. There was a
decrease
in investment
income from| ||||67,948to 66,298 and an increase
in| ||||investment
capital from 6177,913to
'2209,351.| |Other|||| ## |Financial
Review|Financial
Review||| |---|---|---|---| |Review ofthe charity's
financial
position at the end
ofthe
eriod||Para 1.21|There was a surplus
in the year of
635,394(2020 deficit 685,034).| |Statement
explaining
the
policy for holding
reserves
statin
wh
the
are held
Amount
ofreserves
held||Para 1.22
Para 1.22|The trustees are aware ofthe deficit on
unrestricted
funds and are attempting
to
reverse this situation.
The deficit on unrestricted
reserves has
been decreased
from 643,163in 2020 to
640„265. Endowment
funds at 5th April
2021 were K1,767,808.| |Reasons for holding zero||Para 1.22|| |reserves|||| |Details offund materially|in|Para 1.24|| |deficit|||| |Explanation
ofany||Para 1.23|| |uncertainties
about the|||| |charity continuing
as a going|||| |concern|||| |Additional
information
(optional)
You ma
choose to include further statements
The charity's
principal
sources offunds
(including
any fundraising)
Para 1.47|||where relevant
about
The charity is financed
by income from
investments,
from hiring out the
buildings
8 from donations| |Investment
policy and
objectives
including
any
social investment
policy||Para 1.43|The trustees'
investment
policy is based
on ethical principles.
No money was drawn
down from capital
during
the year.| |adopted|||| ||||Fluctuating
investments
can cause short| |A description
ofthe principal
risks facing the charity||Para 1.46|term problems.
The investments
are
managed
by our investment
advisors,
Redmayne
Bentley. There was an
increase
in their value over the year due
to the global market being boosted by the
Covid vaccine approvals.
However,
there
is also uncertainty
in the next year with
businesses
requiring
government
financial
relief, Brexit trade restrictions
8
Asian market intervention.| ||||In addition,
due to the Covid restrictions
ofsocial distancing
8 hygienic
cleaning
it
has not been practical or economic to
hire out the buildings
to other churches
who are also suffering
from diminished
income
8r donors.| |Other|||| |Description
of charity's||||||| |---|---|---|---|---|---|---| |trusts:||||||| |Type ofgoverning
document
trust deed, ro al charter
How is the charity
constituted?|Para
Para|1 25
1.25|Trust Deed dated 6th
amended
on 1st Au
It is managed
by the||April 1984as
ust 2011
Board ofTrustees|| |(e.g unincorporated||||||| |association,
CIO||||||| |Trustee selection methods
including
details ofany
constitutional
provisions e.g.
election to post or name of|Para|1.25|The power of
vested
in the
trustees.|appointing
surviving||new trustees is
or continuing| |any person or body entitled||||||| |to appoint one or more||||||| |trustees||||||| |Additional
information
(optional)
You ma
choose to include further statements
Policies and procedures|Additional
information
(optional)
You ma
choose to include further statements
Policies and procedures|Additional
information
(optional)
You ma
choose to include further statements
Policies and procedures|Additional
information
(optional)
You ma
choose to include further statements
Policies and procedures|Additional
information
(optional)
You ma
choose to include further statements
Policies and procedures|where relevant|about:| |---|---|---|---|---|---|---| |adopted|for|the induction|and|||| |training|oftrustees|||||| |||||Para 1.51||| |The charity's||organisational||||| |structure|and any wider|||||| |network|with|which the||||| |charity works||||Para 1.51||| |Relationship||with any related||Para 1.51||| |parties||||||| |Other||||||| ## |Description
ofthe assets|Description
ofthe assets| |---|---| |held in this capacity|| |Name and objects ofthe|| |charity on whose behalf|the| |assets are held and how|this| |falls within the custodian|| |charity's
objects|| |Details of arrangements
safe custody and|for| |segregation
ofsuch assets|| |from the charity's
own assets|| ## ## |Type of
adviser|Name||Address|||| |---|---|---|---|---|---|---| |Investmen
t|Redmayne
Bentley
Stockbrokers||9 Bond Court,|Leeds, LS1 2JZ||| |Accounta
nts|Sally Grant
Chartered|Ltd|3 Ladybridge|Road, Waterlooville,|Hampshire|PO7 5RP| ||Accountants|||||| ## ## ## ## |||||Note|Unrestricted|Endowment|Endowment|Total|Total| |---|---|---|---|---|---|---|---|---|---| ||||||2021||2021|2021|2020| |lucoming Resources:|||||||||| |Donations|||||||||| ||||||24,236||0|24,236|16,869| |Investment
income|||||||||| ||||||||6,298|6,298|7,948| |Charitable
activities|||||950||0|950|1,705| |Total income|||||25,186||6,298|31,484|26,522| |Resources expended:|||||||||| |Charitable
activities|||||23,695||0|23,695|21,251| |Raising funds/
capital management|||||||2,114|2,114|2,244| |Other|||||||||| ||||||3,833||0|3,833|6,755| |Total expenditure|||||27,528||2,114|29,642|30,250| |Net income before investment||gains/|(losses)||-2,342||4,184|1,842|-3,728| |Net realised gains/(-)losses|on investments||||0||9,649|9,649|-],303| |Transfers
between
funds (investment|||income less||||||| |50% management
charges|for|income management)|||5,240||-5,240||| |Other recognised
gains/(-)losses:|||||2,898||8,593|11,491|-5,031| |Vnrealised
gains(-)/(losses)|on investments||||0||23,903|23,903|-30,003| |Gains/(-)losses
on revniuation|of|fixed assets|||0||0|0|-50,000| |Nct Movement
in funds|||||2,898||32,496|35,394|-85,034| |Reconciliation
ofFunds:|||||||||| |Total funds brought
forward|||||-43,163|1,735,312||1,692,149|1,777,183| |Total funds carried forward|||||40~265|1|767~808|1 727~543|1~692~149| ## |Green Pastures Ch
Balance Sheet at 5|ristian
Centre
April 2020||||| |---|---|---|---|---|---| ||||Note||| ||||||2020| |lYixed Assets|||||| |Tangible
assets||||I,502,980|1,505,906| |Investments|||10|209,351|177,913| |Total lrixed Assets||||H,712,331|81,683,819| |Current Assets|||||| |'Cash at baal&
"Sundry debtors and|prepayments|||l3,948
4,557|7,854
4,454| |||||18,505|12,308| |Creditors: amounts|falling due within|one year||3,293|3,978| |Net Curreut Assets||||815,212|08,330| |Total Net Assets||||Il,727,543|KI,692&149| |Fuhds ofthe Charity:|||||| |Endowment
fuuds
Unrestricted
funds||||1,767,808
-40,265|],735,312
-43,163| |Total funds||||f.1,727,543|g1,692,149| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||Analysis ofIncome||||||2021|2020| |---|---|---|---|---|---|---|---|---| ||2.
Donations
and legacies|||||||| ||Collections|||||||| ||Gifts and donations||||||865|1,453| ||||||||23,371|15,416| ||||||||24,23G|16&869| |3. Investmcnt
income||||||||| ||Bank interest|||||||| ||Dividends||||||1|| ||||||||6,297|7,947| ||||||||6,298|7,948| |4. Income from charitable||||activities||||| ||Building
and room|hire||||||| ||Sundry
income
Profit on disposal ofmotor||||vehicle||0
0
950|1,693
12
0| ||||||||950|1,705| |Analysis ofExpenditure||||||||| |5. Expenditure
on charitable|||||activities|||| ||Maintenance
ofpropetny
Rates insurance
and utilities
Telephone
and internet
Printing,
postage, stationety
Speakers' expenses
Publicity
expenses||||&study books||11,336
10,789
1,206
228
50
86|9,143
10,291
1,110
252
300
155| ||||||||Z3,695|21,251| |6.|Investment
Management|||Costs||||| ||Investment
management||charges (50'/o income/|||50'/a capital)|2,114|2,244| ||||||||Z,114|Z,244| |7.|Other|||||||| ||Motor expenses
Travel||||||258|1,781| ||||||||261|176| ||Independent
Examiner's
Legal and professional||fees
fees||||500
477|500
360| ||Sundry expenses||||||56|210| ||Depreciation||||||2,281|3,728| ||||||||3,833|G,755| |8.|Details ofcertain items||ofexpenditure|||||| ||Fees for examination|of|the|accounts||||| |Independent
examiner's||fees|||||500|500| ||||||||500|500| ## ||Green Pastures
Christian
Centre
Notes to Financial Statements -5April 2021||| |---|---|---|---| |||2021|2020| ||9.
Tangible Fixed Assets||| ||Land and buildings
cost at 6 April 2020
Additions
in year at cost|331,369|331,369| ||Revaluation
ofland and buildings
in 2003
Revaluation ofland and buildings
in 2008
Revaluation ofland and buildings
in 2016
Revaluation ofland and buildings
in 2019
Revaluation
ofland and buildings
in 2020
Balance at 5 April 2021|0
364,668
755,414
63,566
34,983
-50,000
1,500,000|0
364,668
755,414
63,566
34,983
-50,000
1,500,000| ||Plant and equipment
cost at 6 April 2020
Plant and equipment
additions
in year
Plant and equipment
disposals
in year
Depreciation
brought
forward
Depreciation
on disposals
Depreciation
this year
Written
down value at 5 April 2021|20,580
525
-2,942
-19,251
2,942
-892
962|20,331
494
-245
-17,798
245
-1,698
1,329| ||Fixtures and fittings cost at 6 April 2020
Fixtures and fittings additions
in year
Fixtures and fittings disposals
in year
Depreciation
brought
forward
Depreciation
on disposals
Depreciation
this year
Written'down
value at 5 April 2021|18,052
230
-150
-14,875
112
-1,351
2,018|15,278
3,693
-919
-14,464
919
-1,330
3,177| ||Motor vehicle cost at 6 April 2020
Motor vehicles additions
in year
Motor vehicles disposals
in year
Depreciation
brought
forward
Depreciation
on disposals
Depreciation
this year
Written
down value at 5 April 2021|2,800
0
-2,800
-1,400
1,400
0
0|2,800
0
0
-700
0
-700
1,400| ||Total for Tangible Fixed A'ssets|K1,502,980|X1,505,906| |10.|Investments||| ||Investnients
from estate ofM I Wilson||| ||at niarket value at 6 April 2020
Increase/(decrease)
in cash held on deposit
Additions
at cost|177,913
-2,133|211,468
6,210| ||Disposals at 5 April 2020 valuation
Unrealised
gains/(losses)
in the year
Market Value ofthc shares at 5April 2021|58,658
-48,990
23,903
K209,351|16,036
-25,798
-30,003
f177,913| ## ## ## ## ## |||||Unrestricted|Endowment|Total| |---|---|---|---|---|---|---| |||||2020|2020|2020| |Incoming Resources:||||||| |Donations||||16,869||16,869| |Investment
income|||||7,948|7,948| |Charitable
activities||||1,705||1,705| |Total income||||18,574|7,948|26,522| |Resources expended:||||||| |Charitable
activities||||21,251||21,251| |Raising funds/
capital managenient|||||2,244|2,244| |Other||||6,755||6,755| |Total expenditure||||28,006|2,244|30,250| |Net income before investment
gains/(losses)||||-9,432|5,704|-3,728| |Net realised gains/(-)losses|on|investments|||-1,303|-1,303| |Transfers
between
funds|(Investment||income less 50%|||| |management
charges for|income management)|||6 826|-G,826|| |Other recognised
gains/(-)losses:||||-2,606|-2,425|-5,031| |Unrealised
gains(-)/(losses)|on|investments|||-30,003|-30,003| |Gains/(-)losses
on revaluation||offixed|assets||-50,000|-50,000| |Net Movement
in funds
Reconciliation
ofFunds:||||-2,606|-82,428|-85,034| |Total funds brought
forward||||-40,557|1,817,740|1,777,183| |Total funds carried forward||||-43,163|1,735,312|I,G92,149|