||||Page|
|---|---|---|---|
|Trustees'|Report|||
|Auditor's|Report||15|
|Statement|of Financial|Activities|19|
|Balance Sheet|||20|
|Statement|ofCash Flow||21|
|Notes to the Financial||Statements|22|
|Company|Number:||01967962|||
|---|---|---|---|---|---|
|Charity Registration||Number:|293546|||
|Trustees:|||Mr J G Ghaleb|||
||||Mr D H Head|||
||||Rev P Sharrocks|||
||||Rev Dr M Cotes —Stepped|dovm as chair 25.11.20||
||||Rev J M Mills —Chairperson|from|25.11.20|
||||Ms C H Brew|||
||||Mrs J Cooper-Bennett|||
||||Rev J Robertson|||
||||Mr P Galsworthy —On a sabbatical||during 2020/21|
||||Mrs Svetla Stallwood|||
||||Ms Paulette Tedd - Appointed 22.6.20|||
|Secretary:|||IVlrJ G Ghaleb|||
|Director:|||Mr SJ Nomsh|||
|Registered|Office:||Foundation
House|||
||||The Square|||
||||Aylesbury
Street|||
||||Wolverton|||
||||Milton Keynes|||
||||MK12 5HX|||
|Website:|||www. mkchristianfoundation.|co.uk||
|Auditors:|||Mercer 8 Hole|||
||||Silbury Court|||
||||420 Silbury Boulevard|||
||||Central
Milton Keynes|||
||||MK9 2AF|||
|Bankers:|||Lloyds Bank|||
||||Milton Keynes|||
||||MK12 5DG|||
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||||Note|Unrestricted
Funds
f|Restricted
Funds|Total
2021
E|Total
2020
f|
|---|---|---|---|---|---|---|---|
|Income from:||||||||
|Donations
and legacies
Grants received||3
4||8,264
89,084|38,481|8,264
'I27,565|45,764
27,272|
|Income from charitable||||||||
|activities||||||||
|Training
and housing||||||||
|services
Environment
and||||388,563|7,408|395,971|469,805|
|development
Miscellaneous
income||||156,109
3,695||156,109
3,695|170,051
4,272|
|Investment
income||||125||125|217|
|Total||||645,840|45,889|691 729|717381|
|Expenditure
on:||||||||
|Charitible
activities
Governance
costs
Total Expenditure||||631,082
8,107
639,189|46,375
46,375|677,457
8 107
685,564|764,737
8209
772,946|
|Net income/(expenditure)||||||||
|and net movement|in|||||||
|funds for the year||||6,651|(486)|6,165|(55,565)|
|Reconciliation
offunds||||||||
|Total funds brought||||||||
|forward||||1,401,994|1,746|1,403,740|1,459,305|
|Total funds carried||||||||
|forward||||1,408 645|1,260|1,409,905|1,403,740|
||||Notes|2021|||2020||
|---|---|---|---|---|---|---|---|---|
|Fixed Assets|||||||||
|Tangible assets|||10||1,086,995|||1,091,330|
|Current Assets|||||||||
|Debtors|||11|62,593||67,492|||
|Cash at bank and|in hand|||392,847||348,279|||
|Total Current Assets||||455,440||415,771|||
|Liabilities|||||||||
|Creditors:
Amounts||falling|||||||
|due within one year||||~232,830||~203,382|||
|Net Current Assets|||||322,910|||312,410|
|Net Assets|||||1,409,905|||1,403,740|
|The funds ofthe Charity|||||||||
|Restricted
Funds|||16||1,260|||1,746|
|Unrestricted
Funds|||17||320,628|||303,007|
|Designated
Funds|||17||1,088 017|||1,098,987|
|Total Charity Funds|||||1,409,905|||1,403 740|
|||Note|2021|2020
As restated|
|---|---|---|---|---|
|||||6|
|Cash received from
/ (used) in operating
activities|||59 514|~49 517|
|Cash flows from investing|activities||||
|Interest income|||125|217|
|Purchase oftangible
fixed assets|||(14,571)|(12,059)|
|Net cash used in investing|activities||14,446|11 842|
|Cash flows from financing|activities||||
|Repayments
offinance lease obligations||||(1,713)|
|Net cash used in financing|activities|||~1,713|
|(Decrease) IIncrease
in cash and cash|||||
|equivalents
in the year|||44,568|(61,572)|
|Cash and cash equivalents|at the||||
|beginning
ofthe year|||348,279|409,851|
|Cash and cash equivalents|at the end of||||
|the year|||392,847|348,279|
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|3. Donations|||
|---|---|---|
||2021f|2020|
|Sew and Grow
Urb Farm
Foundation
Centre|6,587
70|1,013
12,187
152|
|Think Food||37|
|Cycle Project|10|5|
|Seconded staff
Other|1,597|30,000
2,370|
||8,264|45,764|
##
|4.|Grants R|e|ceived|||||
|---|---|---|---|---|---|---|---|
||||||2021|2021|2020|
||||||Unrestricted
f|Restricted
f|Restricted|
|Lloyds Bank||Foundation||||23,427|19,894|
|Urb|Farm||||||10|
|Arts|Council|||||3,249|2,436|
|MK|Community||Foundation|||5,138|3,652|
|Architectural
Job Retention||Heritage
Scheme||Fund|89,084|6,667||
|Other|||||||1,280|
||||||89,084|38,481|27,272|
|5.|investment||income|||||
|||||||2021f|2020f|
|Bank interest||received||||125|217|
##
||||Training|Development,|Governance|2021|2020|
|---|---|---|---|---|---|---|---|
|||||Projects 8,||||
|||||Other||||
|||||5||||
|Cost
directly|allocated|to||||||
|activities||||||||
|Staff costs|||159,219|235,174||394,393|448,857|
|Materials Iresources|||24,105|72,411||96,517|98,822|
|Recruitment
Travel|||199
499|1,195||1,394
499|3,075
728|
|Volunteer expenses|||||||33|
|Audit and accounts fees|||||4,400|4,400|4,600|
|Depreciation||||11,164||11,164|13,913|
|Support
costs|allocated|to||||||
|activities||||||||
|Premises|||24,558|20,093||44,651|40,368|
|Management|||16,421|22,577|2,053|41,051|30,147|
|General
office 8|finance staff||12,542|13,935|1,394|27,871|30,436|
|Communications
Legal 8, Professional
Depreciation|||2,502
446
2,710|2,343
445
5,032|260|5,205
891
7,742|11,586
5,884
7,654|
|Bank charges|||255|85||340|1,119|
|Other|||27,195|22,251||49,446|75,724|
|Total expenditure|||270,752|406,705|8,107|685,564|772,946|
##
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##
||2021|2020|
|---|---|---|
|Administration|3|2|
|Training
officers and support staff|28|30|
||31|32|
|The aggregated
payroll costs ofthese persons were as follows:|||
||2021|2020|
|Wages and salaries
Social security costs
Pension costs|441,053
27,156
8&296|469,687
25,014
9,994|
||476,505|504695|
##
##
|10. Tangible fixed as|sets|||||
|---|---|---|---|---|---|
||Freehold|Improvements|Motor|Furniture|Total|
||property|to property|vehicles|and||
|||||equipment||
|||||F||
|Cost||||||
|At 1 April 2020|1,150,000|55,713|33,062|182,560|1,421,335|
|Additions|6,667|||7,904|14,571|
|Disposals||||||
|At 31 March 2021|1,156,667|55,713|33,062|190,464|1,435,906|
|Depreciation||||||
|At 1 April 2020|83,542|55,180|28,213|163,070|330,005|
|Charge for the year
Disposals|7,742|176|1,601|9,387|18,906|
|At 31 March 2021|91;284|55,356|29,814|172,457|348,911|
|Net Book Value||||||
|At 31 March 2021|1,065,383|357|3,248|18,007|1,086,995|
|At 31 March 2020|1,066,458|533|4,849|19,490|1,091,330|
##
|11.Debtors||||
|---|---|---|---|
|||2021f|2020
f|
|Trade debtors||25,395|37,710|
|Other debtors||1,400|1,600|
|Prepayments|and accrued income|35,798|28,182|
|||62,593|67,492|
##
##
##
|16. Analysis
of move|ment
in rest|ricted
funds||||||
|---|---|---|---|---|---|---|---|
|||Balance||Amounts|Amounts|Balance||
|||brought||received
in|spent in the|carried||
|||forward||the year
8|year
6|forward||
|Think Food
Shaw Grant|||327
81||(108)||219
81|
|Tipi Pledge
Arts Council Grant
Lloyds Bank Grant
MK Comm. Found. —Preserves||1,145
193||3,249
18,237|(378)
(3,249)
(18,237)||767
193|
|Architectural
Heritage
Lloyds Recovery Grant
Common
Ground Cafe
ESFA Bursary|Fund|||6,667
5,190
5,138
7,408|(6,667)
(5,190)
(5,138)
(7,408)|||
|||1|746|45 889|46 375|1|260|
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||2021|||2020||
|---|---|---|---|---|---|
|Other||Land and|Other||Land and|
|||buildings
F|f||buildings
f|
|Operating|leases which expire:|
|---|---|
|Less than|one year|
|Between|two and five years|
|After five|years|
##
|20.Reconcili|ation
ofnet move|ment|in funds|to net ca|sh flow from opera|ting
activities||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
||||||||as|
||||||||restated|
||||||||6|
|Net movement|in funds|||||6,165|(64,694)|
|Adjustments|for:|||||||
|Depreciation||||||18,906|21,567|
|Deduct interest income classified
under investing
Deduct gain on disposal of tangible fixed asset||||||(125)|(217)|
|Nlovement
in|working capital:|||||||
|Decrease/(increase)
in debtors
Movement
in debtors due to non
Increase/(decrease)
in creditors||cash|bequest|||4,899
29,169|208,299
(200,000)
(12,972)|
|Net cash (used in) / from operating|||activities|||59,014|(48,017)|
|21.Analysis|ofchanges in net|funds||||||
||||1|April|Cash flows|Non-cash|31 March|
||||2020
6|||changes|2021|
|Cash at bank|and
in hand|||348 279|44,568||392847|
##
|22. Comparative
Funds||||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|2020|
||||Funds|Funds|Total|
|Income from:||||||
|Donations
and legacies|||45,764||45,764|
|Grants received||||27,272|27,272|
|Income from charitable|activities|||||
|Training
and housing
services|||445,414|24,391|469,805|
|Environment
and development|||170,051||170,051|
|Miscellaneous
income|||4,272||4,272|
|Investment
income|||217||217|
|Total|||665,718|51,663|717,381|
|Expenditure
on:||||||
|Costs ofraising funds||||||
|Expenditure
to further the Charity's|||712,109|52,628|764,737|
|objects||||||
|Governance
costs|||8,209||8,209|
|Total|||720,318|52,628|772,946|
|Net (income) )expenditure
movement
in funds for the||and net
year|(54,600)|(965)|(55,565)|
|Transfers
between
funds||||||
|Reconciliation
offunds||||||
|Total funds brought
forward|||1,456,594|2,711|1,459,305|
|Total funds carried forward|||1,401,994|1,746|1,403,740|
##
||||Page|
|---|---|---|---|
|Trustees'|Report|||
|Auditor's|Report||15|
|Statement|of Financial|Activities|19|
|Balance Sheet|||20|
|Statement|ofCash Flow||21|
|Notes to the Financial||Statements|22|
|Company|Number:||01967962|||
|---|---|---|---|---|---|
|Charity Registration||Number:|293546|||
|Trustees:|||Mr J G Ghaleb|||
||||Mr D H Head|||
||||Rev P Sharrocks|||
||||Rev Dr M Cotes —Stepped|dovm as chair 25.11.20||
||||Rev J M Mills —Chairperson|from|25.11.20|
||||Ms C H Brew|||
||||Mrs J Cooper-Bennett|||
||||Rev J Robertson|||
||||Mr P Galsworthy —On a sabbatical||during 2020/21|
||||Mrs Svetla Stallwood|||
||||Ms Paulette Tedd - Appointed 22.6.20|||
|Secretary:|||IVlrJ G Ghaleb|||
|Director:|||Mr SJ Nomsh|||
|Registered|Office:||Foundation
House|||
||||The Square|||
||||Aylesbury
Street|||
||||Wolverton|||
||||Milton Keynes|||
||||MK12 5HX|||
|Website:|||www. mkchristianfoundation.|co.uk||
|Auditors:|||Mercer 8 Hole|||
||||Silbury Court|||
||||420 Silbury Boulevard|||
||||Central
Milton Keynes|||
||||MK9 2AF|||
|Bankers:|||Lloyds Bank|||
||||Milton Keynes|||
||||MK12 5DG|||
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