| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial Activities | ||||
| Balance Sheet | ||||
| Notes to the Financial Statements | 7 | to | 12 |
| 31.12.19 | 31.12.18 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| INCOME AND ENDOWMENTS | FROM | Notes | fund E |
funds | |
| Donations and legacies | 395,834 | 225,256 | |||
| Charitable activities |
|||||
| Rents Receivable | |||||
| 60,707 | 59152 | ||||
| Investment income |
|||||
| 37 | 39 | ||||
| Total | |||||
| 456,578 | 284,447 | ||||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Furtherance ofthe Christian |
faith | and doctrine | 453,357 | 279,084 | |
| NET INCOME | |||||
| 3,221 | 5,363 | ||||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward | 979,158 | 973,795 | |||
| TOTAL FUNDS CARRIED | FORWARD | 982,379 | 979,158 | ||
| CONTINUING OPERATIONS |
|||||
| All income and expenditure | has arisen from continuing | activities. |
| 3 | 1 December 2019 | |||
|---|---|---|---|---|
| 31.12.19 | 31.12.18 | |||
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | F | F | ||
| FIXEDASSETS | ||||
| Tangible | assets | 855,191 | 890,309 | |
| CURRENT ASSETS | ||||
| Debtors | 130,667 | 111,293 | ||
| Cash at | bank and in hand | 9,466 | 8,448 | |
| 140,133 | 119,741 | |||
| CREDITORS | ||||
| Amounts | falling due within one year | 10 | (12,945) | (30,892) |
| NET CURRENT ASSETS | 127,188 | 88,849 | ||
| TOTAL | ASSETS LESSCURRENT LIABILITIES | 982,379 | 979,158 | |
| NET ASSETS | 982,379 | 979,158 | ||
| FUNDS | ||||
| Unrestricted funds |
982,379 | 979,158 | ||
| TOTAL | FUNDS | 982,379 | 979,158 |
| COMPARATIVES FOR T | HE ST | ATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|---|
| Unrestricted | |||
| fund | |||
| INCOME AND ENDOWMENTS | FROM | ||
| Donations and legacies |
225,256 | ||
| Charitable activities |
|||
| Rents Receivable | 59,152 | ||
| Investment income |
39 | ||
| Total | 284,447 | ||
| EXPENDITURE ON | |||
| Charitable activities |
|||
| Furtherance ofthe Christian |
faith | and doctrine | 279,084 |
| NET INCOME | 5,363 | ||
| RECONCILIATION OF FUNDS |
|||
| Total funds brought forward |
973,795 | ||
| TOTAL FUNDS CARRIED | FORWARD | 979,158 |
| Due within one year Due within 1to5years Due after 5years |
2019 27,918 46,280 |
2018 27,918 76,587 |
|
|---|---|---|---|
| 74,198 | 104,505 | ||
| TANGIBLE FIXEDASSETS | |||
| Fixtures | |||
| Freehold | and | ||
| property | fittings | Totals | |
| COST | E | ||
| At 1 January 2019and 31 December 2019 | 1,435,531 | 207,148 | 1,642,679 |
| DEPRECIATION | |||
| At 1 January 2019 Charge for year |
587,933 28,711 |
164,437 6,407 |
752,370 35,118 |
| At 31 December 2019 | 616,644 | 170,844 | 787,488 |
| NET BOOK VALUE | |||
| At 31 December 2019 | 818,887 | 36,304 | 855,191 |
| At 31 December 2018 | 847,598 | 42,711 | 890,309 |
| DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.12.19 | 31.12.18 | ||
| Trade debtors Other debtors VAT Prepayments |
2,994 110,197 16,321 1,155 |
6,369 98,643 5,164 1,117 |
|
| 130,667 | 111,293 |
| 31.12.19 | 31.12.18 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| E | f | |||||||||
| Trade creditors Accrued expenses |
2,694 10,251 |
11,044 19,848 |
||||||||
| 12,945 | 30,892 | |||||||||
| 11. | MOVEMENT | IN FUNDS | ||||||||
| Net | ||||||||||
| movement | At | |||||||||
| At 1.1.19 f |
in funds f |
31.12.19 f |
||||||||
| Unrestricted | funds | |||||||||
| General fund | 979,158 | 3,221 | 982,379 | |||||||
| TOTAL FUNDS | 979,158 | 3221 | 982,379 | |||||||
| Net movement | in funds, | included | in the above | are as follows: | ||||||
| Incoming | Resources | Movement | ||||||||
| resources f |
expended f |
in funds f |
||||||||
| Unrestricted | funds | |||||||||
| General fund | 456,578 | (453,357) | 3,221 | |||||||
| TOTAL FUNDS | 456,578 | (453,357) | 3221 | |||||||
| Comparatives | for movement | in | funds | |||||||
| Net | ||||||||||
| movement | At | |||||||||
| At 1.1.18 | in funds | 31.12.18 | ||||||||
| E | ||||||||||
| Unrestricted | funds | |||||||||
| General fund | 973,795 | 5,363 | 979,158 | |||||||
| TOTAL FUNDS | 973,795 | 5,363 | 979,158 | |||||||
| Comparative | net movement | in | funds, induded | in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||||||
| Iesources f |
expended f |
in funds f |
||||||||
| Unrestricted | funds | |||||||||
| General fund | 284,447 | (279,084) | 5,363 | |||||||
| TOTALFUNDS | 284,447 | (279,084) | 5,363 |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.1.18 | in funds | 31.12.19 | ||||
| E | ||||||
| Unrestricted | funds | |||||
| General fund | 973,795 | 8,584 | 982,379 | |||
| TOTAL FUNDS | 973,795 | 8,584 | 982,379 | |||
| A current year 12 months |
and prior year 12 months | combined | net movement | in funds, included |
in the above |
|
| are as follows: | ||||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| E | ||||||
| Unrestricted | funds | |||||
| General fund | 741,025 | (732,441) | 8,584 | |||
| TOTAL FUNDS | 741,025 | (732,441) | 8,584 |
| Included in other debtors are loans repayable |
by: | ||
|---|---|---|---|
| 31.12.19 | 31.12.18 | ||
| The Ice House Christian Bookshop Limited TP Dibdin Limited |
F 33,548 |
F 28,443 |
|
| Immingham Industrial Estates Limited John 14.2 Construction Limited |
2,177 74,473 |
56,488 |