| STATEMENT OF FINANCIAL ACTIVITIES -QUANTOCK CHRISTIAN TRUST | STATEMENT OF FINANCIAL ACTIVITIES -QUANTOCK CHRISTIAN TRUST | STATEMENT OF FINANCIAL ACTIVITIES -QUANTOCK CHRISTIAN TRUST | STATEMENT OF FINANCIAL ACTIVITIES -QUANTOCK CHRISTIAN TRUST | STATEMENT OF FINANCIAL ACTIVITIES -QUANTOCK CHRISTIAN TRUST | STATEMENT OF FINANCIAL ACTIVITIES -QUANTOCK CHRISTIAN TRUST | STATEMENT OF FINANCIAL ACTIVITIES -QUANTOCK CHRISTIAN TRUST | STATEMENT OF FINANCIAL ACTIVITIES -QUANTOCK CHRISTIAN TRUST | STATEMENT OF FINANCIAL ACTIVITIES -QUANTOCK CHRISTIAN TRUST | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31st March 2021 | ||||||||||||
| Page 1 of 4 | ||||||||||||
| Unrestricted Funds | Restricted Funds | Total Funds | 2020 | |||||||||
| Income resources | £ | £ | £ | |||||||||
| Gift Aid | 0 | 135697 | 135697 | 134173 | ||||||||
| Donations | 0 | 6255 | 6255 | 8129 | ||||||||
| Tax refund | 4336 | 24315 | 28651 | 37377 | ||||||||
| Bank Interest | 62 | 0 | 62 | 594 | ||||||||
| 0 | 0 | 1 | ||||||||||
| Total Income Resources | 4398 | 166267 | 170665 | 180274 | ||||||||
| Resources expended | ||||||||||||
| Gifts | 0 | 170920 | 170920 | 203380 | ||||||||
| Administration | 7324 | 0 | 7324 | 6410 | ||||||||
| Donation repaid | 0 | 4440 | 4440 | 0 | ||||||||
| Low Ham Investment repaid | 7872 | 7872 | ||||||||||
| Transfer to Savings Account | 20000 | 20000 | ||||||||||
| Total Resources Expended | 7324 | 203232 | 210556 | 209790 | ||||||||
| Net incoming/outgoing resources | -2926 | -36965 | -39891 | |||||||||
| Other recognisedgains & losses | 0 | 0 | 0 | |||||||||
| Net movement in funds | 0 | 0 | ||||||||||
| Fund balances brought forward @ 1.4.20 | 74046 | 74046 | ||||||||||
| Total carried forward (Current account) @ 1.4.21 | 34155 | |||||||||||
| Page 2 of 4 | ||||||||||||
| BALANCE SHEET AS AT 1st April 2021 | ||||||||||||
| TANGIBLE FIXED ASSETS |
£ | |||||||||||
| Ofce Equipment at cost | 0 | |||||||||||
| Less accumulated depreciation | 0 | |||||||||||
| CURRENT ASSETS 1st April 2021 | ||||||||||||
| Current Account@ Bank. | 34155 | |||||||||||
| Deposit Account @ Bank | 22520 | |||||||||||
| QCT Investment | 40000 | |||||||||||
| DEBTORS | 0 | |||||||||||
| Amounts falling due within oneyear | 0 | |||||||||||
| CURRENT ASSETS 1st April 2021 | 96675 | |||||||||||
| LESS CREDITORS | ||||||||||||
| Amounts falling due after more than oneyear | 0 | |||||||||||
| NET CURRENT ASSETS 1st April 2021 | 96675 | |||||||||||
| TOTAL ASSETS LESS LIABILITIES | 96675 | |||||||||||
| As shown under Current assets | ||||||||||||
Page 3 of 4
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st March 2021
1. PRINCIPAL ACCOUNTING POLICY
The Financial Statements have been prepared on the historical cost basis of accounting
2. INTEREST PAYABLE
On loans wholly or partly payable in more than one year. Nil 3. TANGIBLE FIXED ASSETS No tangible fixed assets.
4. ACCRUALS
At 31[st] March 2021 there was no accrued income or expenditure.
| 5. TRUSTEES INDEMNITY INSURANCE | 5. TRUSTEES INDEMNITY INSURANCE | 5. TRUSTEES INDEMNITY INSURANCE | 5. TRUSTEES INDEMNITY INSURANCE | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No Trustee IndemnityInsurance waspaid in theyear ended 31st March 2021 | ||||||||||||
| 6. CREDITORS and DEBTORS | ||||||||||||
| There were | no amounts fallingdue in less than oneyear or after more than oneyear at 31stMarch 2021 | |||||||||||
| 7. RESTRICTED RESERVES | 2021 | 2020 | ||||||||||
| Current a/c. | 33712 | 73033 | ||||||||||
| Deposit Account | 22520 | |||||||||||
| Investment | 40000 | 40000 | ||||||||||
| 8. UNRESTRICTED RESERVES | 1012 | |||||||||||
| Current a/c | 443 | |||||||||||
| Deposit a/c | 0 | |||||||||||
| 96675 | 114045 | |||||||||||
| 9. Bank Interest | Quantock Christian Trust | 47 | ||||||||||
| Low Ham Church | Account | 15 | ||||||||||
| Total | 62 | |||||||||||
| 10. Investments £40,000 is invested in COIF Charities Deposit Fund. | 10. Investments £40,000 is invested in COIF Charities Deposit Fund. | 10. Investments £40,000 is invested in COIF Charities Deposit Fund. | 10. Investments £40,000 is invested in COIF Charities Deposit Fund. | 10. Investments £40,000 is invested in COIF Charities Deposit Fund. | 10. Investments £40,000 is invested in COIF Charities Deposit Fund. | 10. Investments £40,000 is invested in COIF Charities Deposit Fund. | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| .. | ||||||||||||
| Page 4 of 4 | ||||||||||||
| STATEMENT OF FINANCIAL ACTIVITIES | ||||||||||||
| FOR THE YEAR ENDED 31st March 2021 | ||||||||||||
| These fnancial statements were approved bythe Trustees and signed on their behalf 0/0/2021 | ||||||||||||
| by:- | ||||||||||||
| Trustee name | D M Herring | Trustee name | JA Elford | |||||||||
| Signature | D M Herring | Signature | JA Elford | |||||||||
| INDEPENDENT EXAMINERS REPORT | ||||||||||||
| Proper accountingrecords have been kept and the fnancial statements are not in confict with the records. | ||||||||||||
| Theyhave beenprepared on the accruals basis of accountingandgive a true and fair view of the State |
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| Of Financial Afairs for theyear ended 31st March 2020 and of the Balance Sheet at the same time. | ||||||||||||
| The examination did not identifyanythingwhich should be mentioned in this report other than already |
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| mentioned in these fnancial statements. | ||||||||||||
| Independent Examiner | Date | |||||||||||
| G Treharne |