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|Trustees|||Mr David Megarry||||
|---|---|---|---|---|---|---|
||||Mr Christopher
Mcllroy||||
||||Mr Geoffrey McKane||||
||||Dr Cherith Semple|(Appointed||11January 2021)|
||||Rev Stephen
Richmond|(Appointed||11January 2021)|
|Key Management||Personnel|||||
|Director|||Rev. Gordon Stewart||||
|Operations|Manager||Mr Alex
Hays||||
|Charity number|||327165||||
|Principal address|||Northwich
Business Centre||||
||||Meadow Street||||
||||Northwich||||
||||Cheshire||||
||||CW9 5BF||||
|Auditor|||Riverside Accountancy|Lancaster|Limited||
||||Statutory
Auditor||||
||||26 St Georges Quay||||
||||Lancaster||||
||||LA1 1RD||||
|Bankers|||NatWest Bank||||
||||Western Avenue||||
||||Waterside
Court||||
||||Chatham
Marine||||
||||Chatham||||
||||ME4 4RL||||
|Accountant|||J A Fell and Co||||
||||40 Hoghton
Street||||
||||Southport||||
||||Merseyside||||
||||PR9 OPQ||||
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|||Page|
|---|---|---|
|Trustees'
report||1-7|
|independent
auditor's|report|8-10|
|Statement offinancial|activities||
|Balance sheet||12|
|Statement ofcash flows||13|
|Notes to the financial|statements|14-23|
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2020|2020|2020|2019|2019|2019|
|||Notes|8||8||8|F.|
|Income from:|||||||||
|Donations
and legacies||2|741,985|309,337|1,051,322|663,265|254,772|918,037|
|Investments||3|1,269||1,269|1,384||1,384|
|Total income|||743,254|309,337|1,052,591|664,649|254,772|919,421|
|~E*
de|||||||||
|Raising funds||4|68,618||68,618|58,323||58,323|
|Charitable
activities||5|536,960|361,565|898,525|721,760|290,792|1,012,552|
|Total resources|||||||||
|expended|||605,578|361,565|967,143|780,083|290,792|1,070,875|
|Net|||||||||
|incomingl(outgoing)|||||||||
|resources before|||137,676|(52,228)|85,448|(115,434)|(36,020)|(151,454)|
|Gross transfers|||||||||
|between
funds|||(95,974)|95,974||(14,831)|14,831||
|Net income/(expenditure)||for|||||||
|the year/|||||||||
|Net movement|in funds||41,702|43,746|85,448|(130,265)|(21,189)|(151,454)|
|Fund balances at 1|||||||||
|January 2020|||107,630|115,638|223,268|237,895|136,827|374,722|
|Fund balances|at 31||||||||
|December 2020|||149,332|159,384|308,716|107,630|115,638|223,268|
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|||||2020||2019||
|---|---|---|---|---|---|---|---|
||||Notes|6||6||
|Current assets||||||||
|Debtors||||23,793||3,279||
|Cash at bank and in||hand||305,860||228,048||
|||||329,653||231,327||
|Creditors:|amounts|falling due within||||||
|one year||||(20,937)||&8,058&||
|Net current|assets||||308,716||223,269|
|Income funds||||||||
|Restricted|funds||14||159,384||115,638|
|Unrestricted|funds||||149,332||107,630|
||||||308,716||223,268|
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||||||||2020|||2019||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Notes|6|||6|||
|Cash flows from operating||||activities||||||||
|Cash generated||from/(absorbed
by)|||19|||||||
|operations||||||||76,544|||(140,255)|
|Investing|activities|||||||||||
|Interest received||||||1,269|||1,384|||
|Net cash|generated
from||investing|||||||||
|activities||||||||1,269|||1,384|
|Net cash|used|in financing||activities||||||||
|Net increase/(decrease)|||in|cash and|cash|||||||
|equivalents||||||||77,813|||(138,871)|
|Cash and|cash equivalents|||at beginning|ofyear|||228,047|||366,919|
|Cash and|cash|equivalents||at end of|year|||305,860|||228,047|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2020|2019|
||||8|8|
|Fundraisin|and|ublicit|||
|Seeking donations,||grants and legacies|68,618|58,323|
||||68,618|58,323|
##
||||Grant|Ministry|Total|Total|
|---|---|---|---|---|---|---|
||||funded|work|2020|2019|
|Staff costs|||52,410|178,293|230,703|209,409|
|Grant funding|ofactivities (see note 7)||584,616||584,616|629,128|
|Share of support costs (see note 8)|||52,354|24,792|77,146|170,835|
|Share ofgovernance||costs (see note 8)|3,030|3,030|6,060|3,180|
||||692,410|206,115|898,525|1,012,552|
|Analysis
by|fund||||||
|Unrestricted|funds||330,845|206,115|536,960||
|Restdicted funds|||361,565||361,565||
||||692,410|206,115|898,525||
|Forthe year|ended|31 December 2019|||||
|Unrestricted|funds||208,918|202,129||455,912|
|Restricted funds|||577,037|||577,037|
||||810,423|202,129||1,012,552|
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|||2020|2019|
|---|---|---|---|
|||6|6|
|Grants to institutions:||||
|Asia Harvest||109,753|153,942|
|Run Ministries||16,384|8,400|
|Genesis NGO||21,013|20,000|
|Global Impact||20,000|15,000|
|India Village Ministries||13,013|27,834|
|Impact Middle East||43,000|30,000|
|MCCP||11,459||
|LIFM||33,500|20,000|
|New Life||5,997|7,168|
|Salt and Light||10,560|23,060|
|Chdstian
Far East|Ministry|84,010|48,700|
|New Zot Ministries|||27,346|
|Shelter Asia||10,000|13,000|
|Dula International||9,500|30,000|
|Farm Paa Bean How Ltd|||46,811|
|Dehli Bible Institute||32,000|20,000|
|Laos Fish Farms||52,876||
|Sonrise Services|||20,000|
|OMF International||6,800|24,875|
|Grace Elementary|School|13,070||
|Chisel||11,012||
|Back to the Bible||16,000||
|Nightlight||12,000||
|Other||52,669|92,992|
|||584,616|629,128|
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|8|Supportcosts|Supportcosts|Supportcosts|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Support|Governance|2020Support costs||Governance|2019|
|||||costs|costs|||costs||
|||||9|8|||9||
||Staff costs|||31,474||31,474|31,237||31,237|
||Exchange|gains||(538)||(538)|(760)||(760)|
||Overheads|||25,352||25,352|30,478||30,478|
||Travel costs|||15,372||15,372|102,836||102,836|
||Resources|||3,137||3,137|5,920||5,920|
||Bank charges|||2,349||2,349|1,124||1,124|
||Audit fees||||3,540|3,540||3,180|3,180|
||Accountancy||fees||2,520|2,520||||
|||||77,146|6,060|83,206|170,835|3,180|174,015|
||Analysed|between||||||||
||Charitable|activities||77,146|6,060|83,206|170,835|3,180|174,015|
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||||2020|2019|
|---|---|---|---|---|
||||Number|Number|
|Administration|and governance||2|2|
|Fundraising|and charitable|work|10|10|
|Total|||12|12|
|Employment|costs||2020|2019|
||||9|8|
|Wages and salaries|||232,632|211,676|
|Social security costs|||14,464|14,412|
|Other pension costs|||15,081|14,558|
||||262,177|240,646|
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|There were n
Debtors|o emplo|yees
whose annual
remuneration
was F60,000|or more.||
|---|---|---|---|---|
||||2020|2019|
|Amounts
falling due||within one year:|8|8|
|Other debtors|||23,793|3,279|
|Creditors: amounts||falling due within one year|||
||||2020|2019|
||||E|8|
|Other taxation|and social security||4,864|4,758|
|Accruals and|deferred|income|16,073|3,300|
||||20,937|8,058|
|12|Creditors: amounts
falling due within one year|
|---|---|
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||||||Movement
in funds|Movement
in funds|||
|---|---|---|---|---|---|---|---|---|
|||||Balance at
1January|Incoming
resources|Resources
expended|Transfers|Balance at
31 December|
|||||2020||||2020|
|||||f||||f|
||Asia General|Fund||32,171|86,144|(103,243)|20,692|35,764|
||Bhutan|||3,774|2,543|(4,800)|3,106|4,623|
||Burma|||517|5,177|(13,163)|8,443|974|
||Central Asia|||126|2,089|(7,895)|6,045|365|
||China|||19,460|41,813|(46,187)|715|15,801|
||Disaster|||8,741|22,665|(35,200)|3,794||
||India|||4,576|15,771|(17,013)|2,244|5,578|
||Restricted Countries|||23,788|41,212|(66,271)|17,665|16,394|
||Mongolia|||1|64,027|(14,646)|7,828|57,210|
||Nepal|||8,662|6,879|(4,296)||11,245|
||Sri Lanka|||11,098|1,200|(24,375)|22,942|10,865|
||Vietnam|||2,724|303|(2,976)||51|
||Digital ministries||||19,514|(19,000)||514|
||Bangladesh|||||(2,500)|2,500||
|||||115,638|309,337|(361,565)|95,974|159,384|
|15|Analysis of|net assets|between funds||||||
||||Restricted|Unrestricted|Total|Restricted|Unrestricted|Total|
||||2020
f|2020
f|2020
f|2019
f|2019
f|2019
f|
||Fund balances at 31||||||||
||December 2020 are||||||||
||represented|by:|||||||
||Current assets/(liabilities)||||||||
||||149,332|159,384|308,716|115,638|107,630|223,268|
||||149,332|159,384|308,716|115,638|107,630|223,268|
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||2020|2019|
|---|---|---|
||8|9|
|Within one year|5,359|5,400|
|Between two and five years|7,431|6,300|
||12,790|11,700|
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||||||||||
|---|---|---|---|---|---|---|---|---|
|Cash generated
fr|om|operati|ons||||2020|2019|
|||||||||f|
|Surplus/(deficit)
for|the|year|||||85,448|(151,454)|
|Adjustments
for:|||||||||
|Investment
income|recognised||in|statement|offinancial|activities|(1,269)|(1,384)|
|Movements
in working||capital:|||||||
|(Increase)/decrease|in|debtors|||||(20,514)|11,983|
|Increase
in creditors|||||||12,879|600|
|Cash generated
from/(absorbed||||by) operations|||76,544|(140,255)|