|Reference and Administrative
Details||||
|---|---|---|---|
|Report ofthe Trustees|2|to|9|
|Report ofthe Independent
Auditor|10|to|11|
|Statement ofFinancial Activities||12||
|Balance Sheet||13||
|Cash Flow Statement||14||
|Notes to the Cash Flow Statement||15||
|Notes to the Financial Statemeats|16|to|23|
|Detailed Statement ofFinancial Activities|24|to|25|
##
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##
##
##
##
##
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##
##
##
##
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##
##
##
##
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##
##
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##
|forthe Y
r
nded 3|1March 2022||||
|---|---|---|---|---|
||||31.3.22|31.3.21|
||||Unrestricted|Total|
||||fund|funds|
|||Notes|||
|INCOME AND ENDOWMENTS FROM|||||
|Donations
and legacies|||1484426|1,400,482|
|Other trading activities|||171,640|38,379|
|Other income|||24,040|19,350|
|Total|||1,580,506|1,458,211|
|EXPENDITURE ON|||||
|Rinsing funds|||3486|569|
|Charitable
activities|||||
|Charitable|||1481473|1467,123|
|Other|||21450||
|Total|||1,406309|1,267,692|
|NET INCOME|||174,197|190,519|
|RECONCILIATION|OF FUNDS||||
|Total funds brought|forward||5,462,765|5,272,246|
|TOTAL FUNDS CARRIED FORWARD|||5,636,962|5,462,765|
##
||Notes|
|---|---|
|FIXEDASSETS||
|Tangible
assets|10|
|Investments|ll|
|CURRENT ASSETS||
|Debtors|12|
|Prepayments
and accrued income||
|Cash at bank||
|CREDITORS||
|Amounts
falling due within one year|13|
|NET' CURRENT ASSETS||
|TOTAL ASSETSLESSCURRENT LIABILITIES||
|CREDITORS||
|Amounts
falling due after more than one year|14|
|NET ASSETS||
|FUNDS|18|
|Unrestricted
funds||
|TOTAL FUNDS||
|3L3.22|31.3.21|
|---|---|
|Unrestricted|Total|
|fund|funds|
||f|
|9499465|9,401,285|
|30,000|27,000|
|9,429,265|9,428,285|
|88,421|83,764|
|24,104|12,099|
|482.,708|438,834|
|595,233|534,697|
|(308,908)|(248,009)|
|286425|286,688|
|9,715490|9,714,973|
|(4,078,628)|(4,252,208 )|
|5,636 tt62|5,462,765|
|5,636,962|5,462,765|
|5,636,962|5,462,765|
##
|for the Year Ended 31M||arch 2022||||
|---|---|---|---|---|---|
|||||31.3.22|31.3.21|
||||Notes|||
|Cash flows from operating||activities||||
|Cash gcncrattxt
from operations||||401,079|309,039|
|Net cash provided
by operating
activities||||401,079|309,039|
|Cash flows from investing||activities||||
|purchase ofnmgibie fixed assets||||(76,033)|(41,577)|
|Purchase offixed asset investments||||(3,000)||
|Sale offixed asset investments|||||27,000|
|Net cash used in investing|activities|||(79,033)|(14,577)|
|Cash flows from financing||activities||||
|Capital repayments
in year||||(278,172)|(11,381)|
|Net cash used in financing||activities||(278,172)|(11,381)|
|Change in cash and cash||equivalents|in the|||
|reporting
period|||||283,081|
|Cash and sash equivalents||at the beginning ofthe||||
|reporting
period||||438W4|155,753|
|Cash and cash equsvalents||at the end|ofthe|||
|reporting
period||||482,708|438,834|
##
##
##
|RECONCILIATION|RECONCILIATION|RECONCILIATION|OFNET INCOME TO NET CASH FLOW FROM OPERATING|OFNET INCOME TO NET CASH FLOW FROM OPERATING|OFNET INCOME TO NET CASH FLOW FROM OPERATING|OFNET INCOME TO NET CASH FLOW FROM OPERATING|ACTIVITIES||
|---|---|---|---|---|---|---|---|---|
||||||||31.322|31.3.21|
|||||||||6|
|Net income for the||reporting|||period (asper the Statement ofFinancial Activities)||174,197|190,519|
|Adjustments|for:||||||||
|Depreciation|charges||||||78,053|78,558|
|Decrease/(increase)||in|debtors||||952)63|(8,605)|
|Increase in creditors|||||||52,966|48,567|
|Net cash provided||by|operations||||401,079|309,039|
|ANALYSIS|OF CHANCES||||IN NET DEBT||||
|||||||At 1.4.21|Cash flow|At 3L3.22|
|Net cash|||||||||
|Cash at bank||||||438,834|43,S'74|482,708|
|||||||438,834|43,874|482,70S|
|Debt|||||||||
|Hire purchase|and fluance leases|||||(57425)|11482|(45,843)|
|Debts falhng|due within|||1year||(146474)||(146474)|
|Debts falling|due after||1|year||(4,194,983)|162,198|(4,032,785)|
|||||||(4498,482)|173,580|(4424.902)|
|Total||||||(3459,648)|217,454|(3,742,194)|
##
##
##
##
##
##
##
##
##
##
##
##
##
|ear Ended 31|M rch 2022|M rch 2022|M rch 2022|||
|---|---|---|---|---|---|
|DONATIONS|AND LEGACIES|||||
|||||312.22|31.3.21|
|Tithes, otferings|&|donations||1,120,968|1,060,303|
|Gift aid||||2099091}|217,334|
|Grants||||54,768|122,845|
|||||1484,826|1,400,482|
|Grants received,|included||in the above, are as follows:|||
|||||313.22|31.3.21|
|Other grants||||54,768|122,845|
|OTHER TRADING ACTIVITIES||||||
|||||31.322|31.3.21|
|Conferences &|Camp meetings|||40425||
|Fundrais
ing||||20,158|8,579|
|Hall hire &rentals||||83,157|1,800|
|Rent receivable||||28,000|28,000|
|||||171,640|38,379|
|RAISING FUNDS||||||
|Raising donations||and legacies||||
|||||31.322|31.3.21|
|Conferences &|camp meetings|||3,059||
|Media, CDs &|Resources|||527|569|
|||||3,586|569|
##
##
##
|CHARITA|BLE ACTIVITIES COSTS||||
|---|---|---|---|---|
||||Support||
|||Direct|costs (see||
|||Costs|note 6)|Totals|
|Charitable||780,529|6003144|1481473|
|SUPPORT|COSTS||||
|||||Information|
|||Management|Finance|technology|
|Charitable||265,981|153,949
Governance|1491|
|||Human|||
|||resources|costs|Totals|
|||f,|||
|Charitable||140221|39302|600,844|
##
##
##
|STAFF COSTS|||||
|---|---|---|---|---|
||||31.322|31.3.21|
|Wages and salaries|||436,524|434,328|
|Social security costs|||46488|40,722|
|Other pension costs|||7,761|7,029|
||||491,1'73|482,079|
|The average monthly|number ofemployees|during the year was as follows:|||
||||312.22|31.3.21|
|Charitable
and pastoral||||7|
|Support and administration||||6|
|||||13|
|Notes to|the Financial Statements|the Financial Statements|—continued|||
|---|---|---|---|---|---|
|forthe Year Knded31 Marsh||2022||||
|9.|COMPARATIVES FOR||THE STATEMENT OFFINANCIAL ACTIVITIES|||
||||||Unrcsuicted|
||||||fund|
||INCOME AND ENDOWMENTS FROM|||||
||Donations
and legacies||||1,40D,482|
||Other trading activities||||38,379|
||Other income||||19,350|
||Total||||1,458,211|
||EKPENDITURK ON|||||
||Raising funds||||569|
||Charitable
activities|||||
||Charitable||||1,267,123|
||Total||||1,267,692|
||NKT INCOME||||190,519|
||RECONCILIATION|OF|FUNDS|||
||Total funds brought forward||||5,272,246|
||TOTAL FUNDS CARRIED FORWARD||||5,462,765|
|10.|TANGIBLE FIXEDASSETS|||||
||||Freehold|Short|Plant and|
||||property|leasehold|machinery|
||||f,|6||
||COST|||||
||At 1 April 2021||9325,793|110,859|1,481446|
||Additions||||63421|
||At 31 March 2022||9425,793|I102159|1&544)667|
||DEPRECIATION|||||
||At 1 April 2021||345,069|4,530|1,277&212|
||Charge for year||||53,491|
||At 31 Mamh 2022||345,069|4&0|1&330&7D3|
||NET BOOK VALUE|||||
||At 31 March 2022||8,980,724|106829|213,964|
||At 31hlarch 2021||8,980,724|106,329|204,134|
##
##
||||Fixtures|||
|---|---|---|---|---|---|
||||and|Motor||
||||tittings|vehicles|Totals|
|COST||||||
|At
1 April 2021|||107409|117,431|11,142,738|
|Additions|||12,712||76,033|
|At 31March 2022|||120,021|117,431|11418,771|
|DEPRECIATION||||||
|At 1 April 2021|||43,993|70,649|1,741J53|
|Charge for year|||15406|9456|78,053|
|At 31 March 2022|||59,199|80,005|1,819,506|
|NET BOOKVALUE||||||
|At 31March 2022|||60,822|37,426|9499465|
|At 31March 2021|||63,316|46,782|9,401,285|
|FIXEDASSETINVESTMENTS||||||
|||||312.22f|31.3.21|
|Other||||30,000|27,000|
|There were no investment|assets outside|the UK.||||
|investments
(neither listed|nor unlisted)|were as follows:||||
|||||319.22|31.3,2 1|
|investments
and projects||||30,000|27,000|
|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
|||||313.22|31.3.21|
|||||f|f|
|Other debtors||||14,444|28,794|
|Gift aid receivable||||73,977|54,970|
|||||SS,421|83,764|
##
##
##
|13.|CREDITORS: AMOUN|TS FALLING DUE WITHIN|ONE YEAR||||
|---|---|---|---|---|---|---|
||||||31.3.22|31.3.21|
|||||||f.|
||Bank loans and overdrails|(see note 15)|||146,274|146,274|
||Trade creditors||||6329|5,352|
||Taxation and social security||||14S,472|83,154|
||Other creditors||||7,933|13,229|
||||||308,908|248,009|
|14,|CREDITORS'i AMOUNTS FALLING DUE AFTER||MORE THAN ONE YEAR||||
||||||319.22|31.3.21|
||Bank loans (see note 15)||||4,032,785|4,194,983|
||Ihre purchase
and finance|leases (see note 16)|||45dt43|57,225|
||||||4,078,628|4,252,208|
|15.|LOANS||||||
||An analysis ofthe maturity|ofloans is given below:|||||
||||||31.322|31.3.21|
||Amounts
falling due within one year on demand:||||||
||Bank loans||||146474|146,274|
||Amounts
falling between one and two years:||||||
||Bank loans - 1-2years||||292848|292,548|
||Amounts
falling due in more than five years:||||||
||Repayable
by instalments:||||||
||Bank loans more 5yr by instal||||3,740~7|3,902,435|
|16.|LEASING AGREEMENTS||||||
||Minimum
lease payments|fall due as follows:|||||
||||Hire purchase contracts||Finance|leases|
||||319.22
8|31.3.21
I|31.3,22
8|31.3.21|
||Net obligations
repayable:||||||
||Between one and five years||(11,382)||57+25|57,225|
##
##
##
|||||||31222|31.3.21|
|---|---|---|---|---|---|---|---|
||||||||f|
|Bank loans||||||4,179,059|4,341,257|
|The bank loans are secured by||ftxed charges over the charity's||freehold properties.||||
|MOVEMENT IN FUNDS||||||||
|||||||Net||
|||||||movement|At|
||||||At 1.4.21|in funds|31.3.22|
|||||||f||
|Unrestricted|funds|||||||
|General fund|||||5,462,765|174)197|5)636,962|
|TOTAL FUNDS|||||5,462,765|174,197|5,636462|
|Net movement|in funds, included||in the above are as follows:|||||
||||||Incoming|Resources|Movement|
||||||resources|expended
f|in funds
f,|
|Unrestricted|funds|||||||
|General fund|||||1480406|(1,406309)|174,197|
|TOTAL FUNDS|||||1,580,506|(1,406409)|174,197|
|Comparatives|for movement|in|funds|||||
|||||||Net||
|||||||movement|At|
||||||At 1.4.20|in funds|31.3.21|
|Unrestricted|funds|||||||
|General fund|||||5,272,246|190,519|5,462,765|
|TOTAL FUNDS|||||5,272,246|190,519|5,462,765|
##
##
||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|
||||||resources|expended|in funds|
||||||f,|||
|Unrestricted|funds|||||||
|General fund|||||1,458,211|(1,267,692 )|190,519|
|TOTAL FUNDS|||||1,458,211|(1,267,692 )|190,519|
|A current year|12months|and prior year 12months|combined position|isas|follows:|||
|||||||Net||
|||||||movement|At|
||||||At 1.4.20|in funds|31.3.22|
|Unrtntrtcted|funds|||||||
|General fund|||||5,272,246|364,716|5,636,962|
|TOTAL FUNDS|||||5,272,246|364,716|5,636,962|
|A current year|12months|and prior year 12months|combined net movement||in funds, included|in the above are as|follows:|
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|||||||f,|8|
|Unrestricted|funds|||||||
|General fund|||||3,038,717|(2,674,001)|364,716|
|TOTAL FUNDS|||||3,038,717|(2,674,001 )|364,716|
##
##
|Detailed Statement ofFinancial Activiti|Detailed Statement ofFinancial Activiti|Detailed Statement ofFinancial Activiti|s|||
|---|---|---|---|---|---|
|for the Y
rEnded 31||March 2022||||
|||||31.3.22|31.3.21|
|||||5||
|INCOME AND ENDOWMENTS||||||
|Donations
and legacies||||||
|Tithes, offerings &donations||||1,120,968|1,060,303|
|Gift aid||||209,090|217,334|
|Grants||||54,76S|122,845|
|||||1484)826|1,400,482|
|Other trading nativities||||||
|Conferences &Camp|meetings|||40425||
|Fundraising||||20,158|8,579|
|Hali hire &rentals||||S3,157|1,800|
|Rent receivable||||28,000|28,000|
|||||171,640|38,379|
|Other income||||||
|Sundry receipts||||24,040|19,350|
|Total incoming resources||||1480406|1,458,211|
|EXPENDITURE||||||
|Raising donations
and||legacies||||
|Conferences &.camp|meetings|||3,059||
|Media, CDs&Resources||||527|569|
|||||3,586|569|
|Charitable
nativities||||||
|Wages||||279,621|278,722|
|Social security||||30374|30,29 I|
|Pensions||||5,155|4,525|
|Rates and water||||129)167|127,195|
|Ministry &.Outreach|&.|Media||53,427|70,696|
|Ministerial
services||||93,108|93,108|
|Donations to charities||||17,080|2,821|
|iviinist)y and outreach||||41,062|40,901|
|Music and church choir||||11+59|2,620|
|Trmning &community||projects|||500|
|Security services||||3727|1,507|
|Website, internet &IT||||10/96|12,644|
|Hall hire &refunds||||28,100|1,016|
|Plant and machinery||||53,49I|51,033|
|Fixtures and fittings||||15406|15,829|
|Carried forward||||771,173|733,408|
##
|forthe Year En|ded|1|M
h 2|||
|---|---|---|---|---|---|
|||||31.3 22|31.3,21|
||||||f,|
|Charitable
activities||||||
|Brought forward||||771,173|733,408|
|Motor vehicles||||9356|11,696|
|||||780429|745,104|
|Other||||||
|Advetts
and publicity||||21450||
|Support costs||||||
|Management||||||
|Insurance||||43,893|40,436|
|Light and heat||||17,128|49,702|
|Telephone||||9,488|10,654|
|Printing
and publications||||17489|9,846|
|Licences and subscripticns||||4,963|4,127|
|Repair, maintenance||tk|cleaning|154,953|66,761|
|Travel dt motor expenses||||17.667|13,711.|
|||||265,981|195,237|
|Finance||||||
|Mortgage
interest||||139484|138,526|
|Bank tk credit|card charges|||14465|14,422|
|||||153,949|152,948|
|Inforrnatioa|technology|||||
|Equipment
expensed||and rental||1491|1,793|
|Human
resources||||||
|Wages||||127,593|124,946|
|Social security||||10,022|9,762|
|Pensions||||2)606|2,504|
|||||140421|137,212|
|Governance|costs|||||
|Bookkeeping|and accounting|||29410|30,660|
|Legal
dr professional|||fees|6,492|669|
|Auditors'
remuneration||||3,500|3,500|
|||||39402|34,829|
|Total resources|expended|||1,406409|1,267,692|
|Net income||||174,197|190,519|