2020-12-31-accounts - The Coton Green Evangelical Free Church Trust Fund

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			Page
Report ofthe Trustees			1to 7
Independent Examiner's Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial	Statements		11to 17
DetaHed Statement of	Financial	Activities

The Coton Green Evangelical Free C Balance Sheet At31December 2020	hurch Trust	Fund
			2020		2019
		Unrestricted	Restricted	Totalfunds	Totalfunds
		fund	fund
	Notes	f	E
FIXEDASSETS
Tangible assets	g	1,499,263	58,050	1,557,313	1,560,352
Investments	10				2
		1,499,263	58,050	1,557,313	1,560,354
CURRENT ASSETS
Debtors		4,340		4,340	26,672
Cash at bank and in hand		45,604	800	46,404	25,519
		49,944	800	50,744	52,191
CREDITORS
Amounts falling due within one year	12	{9,970)		{9,970)	{12,535)
NET CURRENT ASSETS		39,974	800	40,774	39,656
TOTAL ASSETS LESSCURRENT LIABILITIES		1,539,237	58,850	1,598,087	1,600,010
NETASSETS		1,539,237	58,850	1,598,087	1,600,0M
FUNDS	15
Unrestricted funds				1,539,237	1,541,055
Restricted funds				58,850	58,955
TOTAL FUNDS				1,598 087	1,600,010

							2020	2019
						Restricted	Total	Total
						E	E	E
9ONATIONS AND LEGACIES
Offerings and gifts					33,776		33,776	45,517
Covenanted	gifts and gift	aid			66,859	480	67,339	93,717
Income tax recoverable					17,805	120	17,925	25,427
Government	grant - C3RS/ Furlough		support		7,869		7,869
XLM income	and grants					3,200	3,200	6,965
					126309		130109	01,626
CHARITABLE ACTIVITY INCOME							2020	2019
Acthrity							E	E
Bookshop				Charitable	activities		176	663
The Coton Centre (see note 5)				Charitable	activities		135,474	148,247
Youth activities				Charitable	acbvities		826	3,725
Special church events				Charitable	activities		297	8,836
							136773	161471
INMRECT SUPPORT COSTS
								2019
								E
Finance cost							1,429	1,405
Depreciation							3,578	4,462
Legal lk professional							4+70	4402
Staff costs								5,160
IT/ Media							5,045	5,957
.Photocopier	lease						2+24	2,824
Independent	examination	fee					1,800	1,800
Loss on disposal offixed asset								380
							18,746

ARITASLE EXPEN	DIT	URE
							2020	20i0
					Generalf	Restrictedf	Totalf	Totalf
Youth activities					382		382	3,294
Travel ik motor expenses					88		88	757
Teaching &ministry					3,022		3,022	4,285
Salaries					81,649		81,649	77,466
Pension costs					5,855		5,855	5,010
Church events					1,152		1,152	5,678
Sundry expenditure					4,474		4,474	10,109
Staff Christmas giftsfbenefits							600
Missions board					6,000		6,000	7,650
Other missions expenditure					493	150	643
XLM						3,200	3,200	7,105
Book shop								65
Coton centre (see	below)				140,789	2,500	143,289	148,197
Bunding costs					189		189	10,730
					244,093	6,450	250,543	280,346
Indirect support costs		(see note		4)	18,746		18,746	26,390
					262,839	6,450	269,289	306,736
The Coton Centre
							2020	2019
Income					General		Total	Total
					f		f	f
Pre-school: LEA government			funding		107,122		107,122	95,306
Other Pre-school and		playgroup		income	18,725	2,850	21,575	26,832
Lettings including	catering				6777		6777	26 109
					132,624	2,850	135,474	148,247
Expenditure Purchases of materials		and	resources		1,702		1,702	~84
Salades					103,687	2,000	105,687	97,903
Kitchen and catering					1,018		1,018	3,651
Heat and light					12,690		12,690	16,606
S~ionery, postage and telephone					3,580		3,580	4,113
Insurance					3,933		3,933	3,882
Cleaning and maintenance					13,248		13,248	19,458
Sundry expenditure							500
Bad debts written	off				931		931
					140,789	2,500	143,289	148,197
(Dehcit) / Surplus					(8,165)	350	(7415)

FF COSTS
		Totalf	Totalf
Wages and salaries		180,527	174,722
Social security		6,809	5,807
Pension costs		5 55	5 10
		193,191	185,539
No employees	have received income benefits of over f60,000

Other debtors							26 672
							26 672
EDITORS: AMOUNTS FALLING DUE WITHIN	ONE YEAR
						2020	2010
						E	E
Trade creditors						439
Taxation and social security						2;655	2,564
Other creditors						6,876	9,971
						9,970	12,535
ALYSIS OF FUNDS
Analysis offunds			31.12.2020		31.12.2020		31.12.2020
			Fixed assets		-Net current assets		Total
						E
Unrestricted funds				1,499,263	39,974		1,539,237
Restricted funds				58,050		800	58;850
				1,557,313	40,774		1,598,087
RATING LEASE
At 31December 2020 the charity had total future	minimum	lease	payments	under non-cancellable		operating	leases falling
due as follows:
							2019
							E
Within 1year						1,410	3,700
In 1 - 5years						705	5 550
						2,115	9,250

the YearEnded 31D	ecember 2020
		2020	2019
		E	E
INCOME AND ENDDNNEHTS
Donations and legacies
Offerings and gifts		33,776	45,517
Covenanted gifts and gift aid		67,339	93,717
Income tax recoverable		17,925	25,427
Government grant- CRS / Furlough-support		7,869
XLM Income		3200	6965
		130,109	171,626
Charitab1e activities
Bookshop		176	663
The Coton Centre		135,474	148,247
Youth activities		826	3,725
Speial church events		297	8836
~income		136,773	161,471
Other income		484	2,134
Total incoming resources		267,366	335,231
EXPENDlYURE
Charitable activities
Wages		180,527	174,722
security		6,809	5,807
Pensions		5,855	5,010
Insurance		3,933	3,882
Vght and heat		12,690	16,606
Stationery, postage and telephone		3,580	4,113
Sundries		2,395	5,847
Zitutch events expenditure		1,152	5,678
Missions board and other missions donations		6,643	7,650
Other Pre-school and nursery costs		1,702	2,584
ITand 'Media		5,045	5,957
Kitchen and catering		1,018	3,651
Legal and professional	fees	4,070	4,402
Zteaning and maintenance		13,248	19;l58
Motor and travel expenses		88	757
Subscription s		2,579	4,262
Teaching and ministry		3822	4,285
Bookshop purchases			65
Bank charges		1,429	1,405
Accountancy fees		1,800	1,800
Youth activities		382	3,294
XLM Costs		3,200	7,105
8UHding costs		189	18,730
Photocopier lease		2,824	2,824
Bad debts written off		931
Gepreciation of-tangle	Axed assets	3,578	4,462
Loss on sale oftangible	fixed assets		380
Total tesources expended		268,689	306,736
-Net (deficit) / income		(1,323)