##
##
##
##
|||||||Page|
|---|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating
the||||director's|report)||
|Independent
examiner's
report|||to the trustees||||
|Statement
offinancial|activities||(including|income and|||
|expenditure
account)||||||13|
|Statement
offinancial|position|||||14|
|Notes to the financial|statements||||||
|The following
pages|do not form part ofthe financial statements||||||
|Detailed statement
offinancial||activities||||30|
|Notes to the detailed|statement||offinancial|activities||31|
|Summary
of gift grants made to|||overseas|projects during 2020||32|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
#
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2020||2019|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Note|6|6|5|f|
|Income and endowments||||||||
|Donations
and legacies|||5|104,568|201,394|305,962|281,626|
|Investment
income|||6|18,552|369|18,921|17,702|
|Total income||||123,120|201,763|324,883|299,328|
|Expenditure||||||||
|Expenditure
on charitable|activities||7,8|108,901|194,770|303,671|338,490|
|Total expenditure||||108,901|194,770|303,671|338,490|
|Net gains/losses
on investments|||10|38|1,557|1,595||
|Net income/(expenditure)||||14,181|5,436|19,617|(39,162)|
|Transfers
between
funds||||12,023|(12,023)|||
|Other recognised
gains and losses||||||||
|Gains/(losses)
from revaluation||offixed||||||
|assets|||||11,856|11,856|(12,328)|
|Net movement
in funds||||26,204|5,269|31,473|(51,490)|
|Reconciliation
offunds||||||||
|Total funds brought
forward||||516,115|110,711|626,826|678,316|
|Total funds carried forward||||542,319|115,980|658,299|626,826|
##
##
##
##
|||||Note|2020
F||2019
f|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Tangible fixed assets||||15||5,555|6,172|
|Investments||||16||529,368|516,493|
|||||||534,923|522,665|
|Current assets||||||||
|Stocks||||17|1,000||1,000|
|Debtors||||18|8,572||15,990|
|Cash at bank and|in|hand|||123,234||96,778|
||||||132,806||113,766|
|Creditors: amounts||falling|due within one year|19|(9,430)||(9,607)|
|Net current assets||||||123,376|104,161|
|Total assets less|current||liabilities|||658,299|626,826|
|Net assets||||||658,299|626,826|
|Funds ofthe charity||||||||
|Restricted
income|funds:|||||||
|Revaluation|reserve|||||32,372|20,516|
|Other restricted||income funds||||83,608|90,195|
|Unrestricted
funds||||||542,319|516,115|
|Total charity funds||||21||658,299|626,626|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
#
##
##
##
##
##
##
##
##
##
##
##
||Unrestricted|Restricted|Total Funds|
|---|---|---|---|
||Funds|Funds
5|2019
f|
|Donations||||
|Donations|50,353|194,463|244,816|
|Gift Aid|5,758|23,306|29,064|
|Legacies||||
|Legacies|7,746||7,746|
||63,857|217,769|281,626|
##
|Investment
income|||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|||F|||
|Income from investment|properties|15,973||15,973|
|Income from listed investments||2|369|371|
|Bank interest receivable||2,577||2,577|
|||18,552|369|18,921|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2019|
|||5|||
|Income from investment|properties|16,991||16,991|
|Income from listed investments||4|450|454|
|Bank interest receivable||257||257|
|||17,252|450|17,702|
##
##
##
##
##
|Expenditur|e|on charitable
activities
by f|und type|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds
f|2020|
|Overseas|aid|projects|2,897|173,482|176,379|
|Fundraising|and publicity||84,485|17,905|102,390|
|Management||and administration|12,320|2,966|15,286|
|Support costs|||9,199|417|9,616|
||||108,901|194,770|303,671|
||||Unrestricted|Restricted|Total Funds|
||||Funds
f|Funds
f|2019
f|
|Overseas|aid|projects|5,961|182,259|188,220|
|Fundraising|and publicity||87,137|28,819|115,956|
|Management||and administration|13,461|2,280|15,741|
|Support costs|||14,748|3,825|18,573|
||||121,307|217,183|338,490|
##
|8.|Expenditure||on c|haritable
activitie|s
by activity type||||
|---|---|---|---|---|---|---|---|---|
||||||Activities||||
||||||undertaken|Support|Total funds|Total fund|
||||||directly
f|costs|2020
f|2019
f|
||Overseas
aid||projects||176,379|5,968|182,347|201,482|
||Fundraising|and publicity|||102,390||102,390|115,956|
||Management||and|administration|15,286||15,286|15,741|
||Governance|costs||||3,648|3,648|5,311|
||||||294,055|9,616|303,671|338,490|
|9.|Analysis of|support costs|||||||
||||||Overseas
aid||||
||||||projects|Governance
F|Total 2020
f|Total 2019
f.|
||Premises||||3,820||3,820|4,967|
||General office||||2,148||2,148|5,061|
||Governance|costs||||3,648|3,648|5,311|
||||||5,968|3,648|9,616|15,339|
|10.|Net gains/losses|||on investments|||||
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds
f|Funds|2020|
||Gains/losses|on listed investments||||(38)|(1,557)|(1,595)|
##
##
##
##
##
##
##
||||||||||Unrestricted|Unrestricted|Restricted|Total|Funds|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Funds|Funds||2019|
|||||||||||6|8||6|
||Gains/losses|on listed|investments|||||||||||
|11.|Net income/(expenditure)|||||||||||||
||Net income/(expenditure)|||is stated||after charging/(crediting):||||||||
||||||||||||2020||2019|
||Depreciation|oftangible|fixed assets||||||||617||686|
|12.|Independent|examination||fees||||||||||
||||||||||||2020||2019|
||||||||||||8||6|
||Fees payable|to the independent|||examiner for:|||||||||
||Independent|examination||ofthe financial statements|||||||2,400||2,400|
||Other financial services||||||||||1,248||640|
||||||||||||3,648||3,040|
|13.|Staff costs|||||||||||||
||The total staff costs and||employee|||benefits for||the reporting||period are analysed as follows:||||
||||||||||||2020|2019||
||||||||||||6|||
||Wages and salaries||||||||||65,529|66,449||
||Social security costs||||||||||939||898|
||Employer contributions||to|pension||plans|||||1,366||1,345|
||||||||||||67,834|68,692||
||The average|head count of employees|||||during|the year|was|5(2019:5).The average||number
of||
||full-time
equivalent
employees
during the year|||||||is analysed as follows:||||||
||||||||||||2020|2019||
||||||||||||No.|No.||
||Number
ofstaff||||||||||4||4|
##
##
##
##
##
##
##
##
|Year ended 31
Tangible fixed assets|Decem|ber 2020|||
|---|---|---|---|---|
||||Fixtures and||
||||fiNings|Total|
||||f.||
|Cost|||||
|At 1January 2020 and 31 December 2020|||30,026|30,026|
|Depreciation|||||
|At 1 January 2020|||23,654|23,854|
|Charge for the year|||617|617|
|At 31 December 2020|||24,471|24,471|
|Carrying
amount|||||
|At 31December 2020|||5,555|5,555|
|At 31 December 2019|||6,172|6,172|
|Investments|||||
|Cash|or cash|Listed|Investment||
|equivalents||investments|properties|Total|
|||6||6|
|Cost or valuation|||||
|At 1 January 2020|50,000|44,949|421,544|516,493|
|Additions|2,500|234||2,734|
|Disposals||(105)||(106)|
|Fair value movements||10,247||10,247|
|At 31 December 2020|52,500|55,324|421,544|529,368|
|Impairment|||||
|At 1January 2020 and|||||
|31December 2020|||||
|Carrying
amount|||||
|At 31 December 2020|52,500|55,324|421,544|529,368|
|At 31 December 2019|50,000|44,949|421,544|515,493|
##
##
##
##
##
##
##
##
|17.|CBS Ltd whic
Stocks|h is ear|ning
interest at 5%per annum.|||
|---|---|---|---|---|---|
|||||2020|2019|
|||||f|f|
||Raw materials|and consumables||1,000|1,000|
|18.|Debtors|||||
|||||2020
f|2019
f|
||Trade debtors|||2,189|2,942|
||Prepayments|and accrued income||6,383|13,046|
|||||8,572|15,990|
|19.|Creditors: amounts||falling due within one year|||
|||||2020
F|2019
f|
||Trade creditors|||6,390|4,314|
||Accruais and|deferred|income|3,040|3,040|
||Social security|and other taxes|||2,253|
|||||9,430|9,607|
##
##
##
##
##
|||At||||Gains and|At|
|---|---|---|---|---|---|---|---|
|||1 Jan 2020
5|Income
f|Expenditure
6|Transfers
6|losses
F|31Dec 2020
f|
|General funds||516,115|123,120|(108,901)|12,023|(38)|542,319|
|Restricted|funds|||||||
|||At||||Gains and|At|
|||1 Jan 2020
6|Income
5|Expenditure
f|Transfers
F|losses
f|31Dec 2020
F|
|Restricted|Funds|90,195|201,763|(194,770)|(12,023)|(1,557)|83,608|
|Revaluation||||||||
|reserve||20,516||||11,856|32,372|
|||110,711|201,763|(194,770)|(12,023)|10,299|115,980|
##
##
##
##
##
##
##
|78 Extra Gifts-Sponsored
Children|78 Extra Gifts-Sponsored
Children|78 Extra Gifts-Sponsored
Children|in|||||
|---|---|---|---|---|---|---|---|
|India||||306|910|(1,067)|149|
|79 Extra Gifts-Blessed||Generation|||376|(376)||
|82 Ephesians
Christian||School||320|1,796|(1,908)|208|
|84 Destitute|Children's|Project-Kenya||841|3,836|(3,750)|927|
|85 Biblical Training-Christian
Leaders||||||||
|in Kenya||||11,099|7,277|(7,220)|11,156|
|88 Christen|Anti-Slavery|Today||189|120|(12)|297|
|90 Siloam's|Christian
Character||||120|(12)|108|
|91 Survival|Packs in Peru/Leg-up|||||||
|Ministries|||||105|(10)|95|
|92 Wheels|of Life (School in a Cart)||||25|(25)||
|||||110,711|209,420|(204,152)|115,980|
|Analysis of|net assets|between funds||||||
|||||Unrestricted|Restricted|Total Funds|Total Funds|
|||||Funds|Funds|2020|2019|
|||||6|F|6|E|
|Tangible fixed assets||||5,555||5,555|6,172|
|Investments||||474,096|55,272|529,368|516,493|
|Current assets||||72,098|60,708|132,806|113,768|
|Creditors less than
1 year||||(9,430)||(9,430)|(9,607)|
|Net assets||||542,319|115,980|658,299|626,826|
##
##
##
##
|||Year ended 31 Decem|ber 2020||
|---|---|---|---|---|
||||2020|2019|
||||6|6|
|Income and endowments|||||
|Donations
and legacies|||||
|Donations|||253,408|244,816|
|Gift Aid|||29,747|29,064|
|Legacies|||22,807|7,746|
||||305,962|281,626|
|Investment
income|||||
|Income from investment|properties||15,973|16,991|
|Income from listed investments|||371|454|
|Bank interest receivable|||2,577|257|
||||18,921|17,702|
|Total income|||324,883|299,328|
|Expenditure|||||
|Expenditure
on charitable||activities|||
|Wages and salaries|||65,529|66,449|
|Employer's
NIC|||939|898|
|Pension costs|||1,366|1,345|
|Rent|||10,225|9,814|
|Repairs and maintenance|||1,071|3,328|
|Other establishment|||3,820|4,873|
|Motor vehicle expenses|||460|4,375|
|Legal and professional fees|||6,849|7,938|
|Telephone|||664|773|
|Other office costs|||15,909|19,377|
|Depreciation|||617|686|
|Interest on bank loans and overdrafts|||3,908|3,896|
|Financial assistance|||171,950|181,521|
|Advertising
and promotion|||19,843|30,414|
|Financial assistance
to other||organisations|521|2,803|
||||303,671|338,490|
|Total expenditure|||303,671|338,490|
|Net gains/losses
on investments|||||
|Gains/losses
on listed investments|||1,595||
|Net income/(expenditure)|||19,617|(39,162)|
##
##
##
##
||||Year ended 31 Decem|ber 2020||
|---|---|---|---|---|---|
|||||2020|2019|
|||||8|F|
|Expenditure
on charitable||activities||||
|Overseas
aid projects||||||
|Activities undertaken|directly|||||
|Bank charges and interest||||3,908|3,896|
|Financial assistance||||171,950|181,521|
|Financial assistance
to|other organisations|||521|2,803|
|||||176,379|188,220|
|Support costs
Repairs & maintenance
Premises costs||||1,071
3,820|3,328
4,873|
|Motor and travelling||||460|4,375|
|Depreciation||||617|686|
|||||5,968|13,262|
|Fundraising
and publicity||||||
|Activities undertaken|directly|||||
|Staffcosts||||65,529|68,449|
|Employer's
NIC||||939|898|
|Pension costs||||1,366|1,345|
|Legal and professional
fees
Postage
Advertising
and promotion||||3,201
13,192
18,163|2,627
14,784
29,853|
|||||102,390|115,956|
|Management
and administration||||||
|Activities
undertaken
Operating
leases - land
Telephone
Other office costs|directly
and buildings|||10,225
664
2,717|9,814
773
4,593|
|Exhibitions
and conferences||||1,680|561|
|||||15,286|15,741|
|Governance costs||||||
|Governance
costs - accountancy|||fees|3,648|5,311|
|Expenditure
on charitable||activities||303,671|338,490|
##