|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
|||||||||||||
|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
|||||||||||||
|mentioned in these fnancial statements.|||||||||||||
||||||||||||||
||||||||||||||
||||||||||||||
||Independent Examiner|||||Date|||||||
||||||||||||||
||G Treharne||||||||||||