| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1to 6 | ||
| Independent Examiner's Report |
|||
| Statement of Financial |
Activities | ||
| Balance Sheet | |||
| Notes to the Financial | Statements | 10to 15 | |
| Detailed Statement of | Financial | Activities | 16 |
| Trustees | ||
|---|---|---|
| Rev D Shearer | —appointed | 27.01.19,retired 27.01.22 |
| Mrs N Shearer | - re-appointed 08.06.20 |
|
| Mr J Knew | - re-appointed 27.01.19,retired 27.01.22 Chair ofTrustees 2021 |
|
| Mr 0 White | -appointed | 08.06.20, resigned 25.01.2021 |
| Mrs LThompson | —appointed | 27.01.19,re-appointed 14.01.23 |
| Mrs M Watts | -appointed | 31.01.19,resigned 20.09.2021 |
| Mr S Antill | -appointed | 08.06.20, resigned 15.03.2021 |
| Mrs S Gilbert | - re-appointed 08.03.2021 |
|
| Mrs G Johnson | -appointed | 18.01.2021, resigned 13.09.2021 |
| Mr P Hudson | —appointed | 17.05.2021 |
| Mr J Thomlinson | -appointed | 14.01.23 |
| Church | activities using the Centre during | the year (excluding | Covid) have included: |
|---|---|---|---|
| Exercise classes | |||
| Friendship Club |
|||
| Regular Ladies Fellowship events |
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| Regular Men's Fellowship events |
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| ~ | Parents/Carers and Tots morning |
||
| Prayer groups | |||
| ~ | Youth Group on Friday evenings | ||
| ~ | Coton Centre House group on Thursday | ||
| Bi-annual cralt fair |
|||
| ~ | Monthly chddren's work - Impact |
Kidz | |
| Monthly craR sessions | |||
| Impact Holiday Clubs during certain school holidays |
| The Coton Green Evangelical Fre Statement of Financial Activities for the Year Ended 31December |
e Church T 2021 |
rust Fund | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Unrestricted fund |
Restricted fund |
Total funds | Total funds | ||
| Notes | f. | E | E | ||
| INCOME AND ENDOWMENTS | |||||
| FROM | |||||
| Donations and legacies |
115,833 | 10,656 | 126,489 | 130,109 | |
| Charitable activities |
|||||
| Charitable activities |
223,144 | 223,144 | 136,773 | ||
| Other income | 48'l | ||||
| Total | 338,977 | 10,656 | 349,633 | 267,366 | |
| EXPENDITURE ON | |||||
| Charitable activities | 303.308 | 7 722 | 311030 | 200 280 | |
| Total | 303,308 | 7,722 | 311,030 | 269,289 | |
| NET INCOME / (DEFICIT) | 35,669 | 2,934 | 38,603 | (1,923) | |
| TRANSFER OF FUNDS | 229 | (229) | |||
| Total funds brought forward | 1,539,237 | 58,850 | 1,598,087 | 1,600,010 | |
| TOTAL FUNDS CARRIED FORWARD |
1,575,135 | 61,555 | 1,636,690 | 1,598,087 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Totalfunds | Totalfunds | |||
| fund | fund | |||||
| Notes | ||||||
| FIXED ASSETS | ||||||
| Tangible assets | 1,497,813 | 57,821 | 1,555,634 | 1,557,313 | ||
| CURRENT ASSETS | ||||||
| Debtors | 10 | 15,576 | 486 | 16,062 | 'l,340 | |
| Cash at bank and | in hand | 74,963 | 3,248 | 78,211 | 46,404 | |
| 90,539 | 3,734 | 94,273 | 50,744 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
11 | (13,217) | (13,217) | (9,970) | ||
| NET CURRENT ASSETS | 77,322 | 3,734 | 81,056 | 40,774 | ||
| TOTAL ASSETS LIABILITIES |
LESSCURRENT | 1,575,135 | 61,555 | 1,636,690 | 1,598,087 | |
| NET ASSETS | 1,575,135 | 61,555 | 1,636,690 | 1,598,087 | ||
| FUNDS | ||||||
| Unrestricted funds |
1,575,135 | 1,539,237 | ||||
| Restricted funds | 61,555 | 58,850 | ||||
| TOTAL FUNDS | 1,636,690 | 1,598,087 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| General | Restricted | Total | Total | |||||
| 6 | 6 | 6 | E | |||||
| DONATIONS AND LEGACIES |
||||||||
| Offerings and giRs |
39,092 | 2,485 | 41,577 | 33,776 | ||||
| Covenanted | gifts and gift | aid | 52,918 | 6,137 | 59,055 | 67,339 | ||
| Income tax | recoverable | 13,310 | 1,534 | 14,844 | 17,925 | |||
| Government | grant - CIRS | / Furlough | support | 10,513 | 10,513 | 7,869 | ||
| XLM income | and grants | 500 | 500 | 3,200 | ||||
| 115,833 | 10,656 | 126,489 | 130,109 | |||||
| CHARITABLE ACTIVITY INCOME | 2021 | 2020 | ||||||
| Activity | E | E | ||||||
| Bookshop | Charita ble activities | 176 | ||||||
| The Coton Centre (see note 5) | Charita ble activities | 220,785 | 135,474 | |||||
| Youth activities | Charitable | activities | 170 | 826 | ||||
| Special church events | Charitable | activities | 2,189 | 297 | ||||
| 223,144 | 136,773 | |||||||
| INDIRECT SUPPORT COSTS | ||||||||
| GeneralI | Restricted E |
2021 E |
2020 | |||||
| Finance cost | 1,315 | 1,315 | 1,429 | |||||
| Depreciation | 2,754 | 2,754 | 3,578 | |||||
| Legal Br professional | 1,737 | 6,570 | 8,307 | 4,070 | ||||
| IT/ Media | 2,851 | 2,851 | 5,045 | |||||
| Photocopier | lease | 1,418 | 1,418 | 2,824 | ||||
| Independent | examination | fee | 1,980 | 1,980 | 1,800 | |||
| 12,055 | 6,570 | 18,625 | 18,746 |
| ARITABLE EXP | E | NDIT | URE | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||||
| General | Restricted | Total | Total | ||||||||
| E | E | E | |||||||||
| Youth activities | 302 | 302 | 382 | ||||||||
| Travel &motor | expenses | 88 | |||||||||
| Teaching & ministry | 2,177 | 2,177 | 3,022 | ||||||||
| Salaries | 84,837 | 84,837 | 81,6rl9 | ||||||||
| Pension costs | 6,048 | 6,048 | 5,855 | ||||||||
| Church events | 1,782 | 1,782 | 1,152 | ||||||||
| Sundry expenditure | 3,882 | 3,882 | 4,474 | ||||||||
| Staff Christmas | gifts/benefits | 550 | 52 | 602 | 600 | ||||||
| Missions board | 8,300 | 8,300 | 6,000 | ||||||||
| Other missions | expenditure | 100 | 100 | 643 | |||||||
| XLM | 500 | 500 | 3,200 | ||||||||
| Coton centre (see | below) | 182,955 | 500 | 183,455 | 143,289 | ||||||
| Building costs | 420 | 420 | 189 | ||||||||
| 291,253 | 1,152 | 292,405 | 250,543 | ||||||||
| Indirect support | costs | (see | note | 4) | 12,055 | 6,570 | 18,625 | 18,746 | |||
| 303,308 | 7.722 | 311,030 | 269,289 | ||||||||
| The Coton Centre | |||||||||||
| 2021 | 2020 | ||||||||||
| Income | General | Restricted | Total | Total | |||||||
| E | E | E | E | ||||||||
| Pre-schooh LEA |
government | funding | 119,413 | 119,413 | 107,122 | ||||||
| Other Pre-school | and playgroup | income | 37,650 | 37,650 | 21,575 | ||||||
| Lettings including |
catering | 63 722 | 63 722 | rrrr | |||||||
| 220,785 | 220,785 | 135,474 | |||||||||
| Expenditure | |||||||||||
| Purchases of materials | and | resources | 3,457 | 3,457 | 1,702 | ||||||
| Salaries | 123,874 | 123,874 | 105,687 | ||||||||
| Kitchen and catering | 1,625 | 1,625 | 1,018 | ||||||||
| Heat and light | 17,852 | 17,852 | 12,690 | ||||||||
| Stationery, postage and telephone |
4,776 | 4,776 | 3,580 | ||||||||
| Insurance | 3,962 | 3,962 | 3,933 | ||||||||
| Cleaning and maintenance |
25,208 | 25,208 | 13,248 | ||||||||
| Rebillable centre | costs | re. lettings | 2,153 | 2,153 | |||||||
| Sundry expenditure | 48 | 500 | 548 | 500 | |||||||
| Bad debts written | off | 931 | |||||||||
| 182,955 | 500 | 183,455 | 143,289 | ||||||||
| Surplus / (Deficit) | 37,830 | (500) | 37,330 | (7,815) | |||||||
| FF COSTS | |||||||||||
| Total | Total | ||||||||||
| E | E | ||||||||||
| Wages and salaries | 200,954 | 180,527 | |||||||||
| Social security | 7,757 | 6,809 | |||||||||
| Pension costs | 6,048 | 5,855 | |||||||||
| 214,759 | 193,191 | ||||||||||
| No employees have received |
income benefits ofover E60,000 | ||||||||||
| Theaverage num |
be | ro | femp | loyee | duringthe | ear(full-time | basis): | 14 | 13 |
| Unrestricted | Restricted | ||||||
|---|---|---|---|---|---|---|---|
| Fundf | Fund E |
Total Fundf | |||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies | 126,309 | 3,800 | 130,109 | ||||
| Charitable activities |
|||||||
| Charitable activities |
133,923 | 2,850 | 136,773 | ||||
| Other income | 484 | 484 | |||||
| Total | 260,716 | 6,650 | 267,366 | ||||
| Charitable activities |
|||||||
| Charitable activities |
262,839 | 6,450 | 269,289 | ||||
| Total | 262,839 | 6,450 | 269,289 | ||||
| NET INCOME | (2,123) | 200 | (1,923) | ||||
| TRANSFER OF FUNDS | 305 | (305) | |||||
| Total funds brouuht | forward | 1,541,055 | 58.955 | 1,600,010 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,539,237 | 58,850 | 1,598,087 | ||||
| 9 | TANGIBLE FIXEDASSETS | ||||||
| Freehold | Plant lk | Computer | |||||
| propertyf | fixturesf | equipmentf | Totals E. |
||||
| COST | |||||||
| At 1)anuary 2021 | 1,548,090 | 84,510 | 1,868 | 1,634,468 | |||
| Additions | 1,075 | 1,075 | |||||
| At 31December 2021 | 1,548,090 | 84,510 | 2,943 | 1,635,543 | |||
| DEPRECIATION | |||||||
| At 1)anuary 2021 | 75,646 | 1,509 | 77,155 | ||||
| Charge for year | 2,216 | 538 | 2,754 | ||||
| At 31December 2021 | 77,862 | 2,047 | 79,909 | ||||
| NET BOOK VALUE | |||||||
| At 31December 2021 | 1,548,090 | 6,648 | 896 | 1,555,634 | |||
| At 31December 2020 | 1 | 548 090 | 8 864 | 39 | 55 33 | ||
| 10 | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR |
||||||
| 2021f | 2020f | ||||||
| Other debtors | 16,062 | 4,340 | |||||
| 16,062 | 4,340 |
| DITORS: AMOUNTS FALLING DUE WITHIN |
ONE YEAR | ||
|---|---|---|---|
| 2021 | 2020 | ||
| E | E | ||
| Trade creditors | 2,053 | 439 | |
| Taxation and social security | 2,737 | 2,655 | |
| Other creditors | 8,427 | 6,876 | |
| 13,217 | 9,970 | ||
| LYSIS OF FUNDS | |||
| Analysis offunds | 31.12.2021 | 31.12.2021 | 31.12.2021 |
| Fixed assets | Net current assets |
Total | |
| E | |||
| Unrestricted funds |
1,497,813 | 77,322 | 1,575,135 |
| Restricted funds | 57,821 | 3,734 | 61,555 |
| 1,555,634 | 81,056 | 1,636,690 |
| At 31December 2 due as follows: |
02 | 1the char | ity had total future mi |
nimum lease payme |
nts under non-can |
cellable operating |
leases falling |
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| E | E | ||||||
| Within I year | 705 | 1,410 | |||||
| In I —5 years | 705 | ||||||
| 705 | 2,115 | ||||||
| VEMENT IN FUNDS | |||||||
| AL'01.01.2021 | Incoming Resources |
Outgoing Resources |
Transfers | At 31.12.2021 |
|||
| E | E | E | |||||
| General Purpose | Fund | 1523673 | 333726 | 293636 | |||
| Designated funds |
|||||||
| Youth fund | 4,511 | (302) | 4,209 | ||||
| Missions Board fund | 4,422 | 5,251 | (8,950) | 723 | |||
| Building improvements |
fund | 6,631 | (420) | 6,211 | |||
| Total designated | funds | 15,564 | 5,251 | (9,672) | 11,143 | ||
| Total unrestricted | funds | 1,539,237 | 338,977 | (303,308) | 229 | 1,575,135 | |
| Restdcted funds | |||||||
| Christmas meal fund |
450 | (52) | 398 | ||||
| Personal gih fund | 10,056 | (7,070) | 2,986 | ||||
| Pre-school gift fund | 350 | 0 | 350 | ||||
| XLM fund | 500 | (500) | |||||
| Missions fund | 100 | (100) | |||||
| Nursery play area |
fund | 64 | (16) | 48 | |||
| Building fund |
57,986 | (213) | 57,773 | ||||
| Total restricted | funds | 58,850 | 10,656 | (7,722) | (229) | 61,555 | |
| Totalfunds | 1,598,087 | 349,633 | (311,030) | 1,636,690 |
| the Year Ended 31 | D | ec | ember 2 | 0 | 21 | ||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| 6 | 6 | ||||||
| INCOME AND ENDOWMENTS | |||||||
| Donations and legacies |
|||||||
| Offerings and giRs | 41,577 | 33,776 | |||||
| Covenanted giffs and |
gift | aid | 59,055 | 67,339 | |||
| Income tax recoverable | 14,844 | 17,925 | |||||
| Government grant —CIRS |
/ Furlough | support | 10,513 | 7,869 | |||
| XLM Income | 500 | 3,200 | |||||
| 126,489 | 130,109 | ||||||
| Charitable activities |
|||||||
| Bookshop | 176 | ||||||
| The Coton Centre | 220,785 | 135,474 | |||||
| Youth activities | 170 | 826 | |||||
| Special church events | 2,189 | 297 | |||||
| 223,144 | 136,773 | ||||||
| Other income | |||||||
| Other income | |||||||
| Total incoming resources |
349,633 | 267,366 | |||||
| EXPENDITURE | |||||||
| Charitable activities |
|||||||
| Wages | 200,954 | 180,527 | |||||
| Social security | 7,757 | 6,809 | |||||
| Pensions | 6,048 | 5,855 | |||||
| Staff Chdistmas gifts/benefits |
602 | 600 | |||||
| Insurance | 3,962 | 3,933 | |||||
| Light and heat | 17,852 | 12,690 | |||||
| Stationery, postage and |
telephone | 4,776 | 3,580 | ||||
| Sundries | 1,808 | 2,395 | |||||
| Church events expenditure | 1,782 | 1,152 | |||||
| Missions board and other missions | donations | 8,400 | 6,643 | ||||
| Other Pre-school and nursery costs |
3,457 | 1,702 | |||||
| ITand Media | 2,851 | 5,045 | |||||
| Kitchen and catering | 1,625 | 1,018 | |||||
| Legal and professional | fees | 8,307 | 4,070 | ||||
| Cleaning and maintenance |
25,208 | 13,248 | |||||
| Motor and travel expenses | 88 | ||||||
| Subscriptions | 2,622 | 2,579 | |||||
| Teaching and ministry | 2,177 | 3,022 | |||||
| Bank charges | 1,315 | 1,429 | |||||
| Accountancy fees |
1,980 | 1,800 | |||||
| Youth activities | 302 | 382 | |||||
| XLM Costs | 500 | 3,200 | |||||
| Building costs | 420 | 189 | |||||
| Rebillable centre costs | re/ | lettings | 2,153 | ||||
| Photocopier lease |
1,418 | 2,824 | |||||
| Bad debts written off | 931 | ||||||
| Depreciation oftangible |
fixed assets | 2,754 | 3,578 | ||||
| Loss on sale oftangible | fixed assets | ||||||
| Total resources expended | 311,030 | 269,289 | |||||
| Net income / (deficit) | 38,603 | (1,923) |