| TABLE OF CONTENTS | PAGE NUM | |||
|---|---|---|---|---|
| Vision Statement | ||||
| Directors Annual Report |
||||
| Administrative details |
||||
| Independent Auditors |
Report | 14 | ||
| Statement of Financial | Activities incorporating | Income and Expenditure | Account | |
| Balance Sheet | 19 | |||
| Notes to the Financial | Statements | 20 |
| Unrestricted | Restricted | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2020 | 2019 | |||||
| Note | f | f | ||||||
| Income from | ||||||||
| Donations | 131,713 | 35,XO | 166,713 | 214,802 | ||||
| Other trading activities | 83,222 | 34,318 | 117,540 | 86,896 | ||||
| investments | 38,790 | 19,924 | 58,714 | 42,872 | ||||
| 253,725 | 89,242 | 342,967 | 344,570 | |||||
| Expenditure on |
||||||||
| Charitable activities |
5/6 | (286,678) | {97,504) | (384,182) | (414,480) | |||
| Total | (286,678) | (97,504) | (384,182) | (414,480) | ||||
| Net income/(expenditure) | before investment | gains/losses | (32,953) | (8,262) | (41,215) | (69,910) | ||
| Net gains on investments | 9,847 | 103,521 | 113,368 | 179,617 | ||||
| Net income /(expenditure) | (23,106) | 95,259 | 72,153 | 109,707 | ||||
| Transfers between funds | ||||||||
| Net movement in funds |
(23,106) | 95,259 | 72,153 | 109,707 | ||||
| Total funds brought forward | 363,554 | 1,955,383 | 2,318,937 | 2,209,230 | ||||
| Total funds carried forward | 340,447 | 2,050,642 | 2,391,089 | 2,318,937 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Note | E | ||||||
| Fixed assets | |||||||
| Tangible fixed assets | 11 | ||||||
| Investments | 12 | 2i212p697 | 2221130 | ||||
| 2,212,697 | 2,221,130 | ||||||
| Current assets | |||||||
| Debtors | 6,857 | 20,811 | |||||
| Deposits | 56,911 | 51,266 | |||||
| Cash at bank | 159,187 | 63,246 | |||||
| 222,955 | 135,323 | ||||||
| Creditors: amounts | falling | due within one year | 14 | (44,563) | (37,516) | ||
| Net current assets | 178,392 | 97,807 | |||||
| Net assets | 2,391,089 | 2,318,937 | |||||
| The funds ofthe charity: | |||||||
| Restricted income funds | 2,050,642 | 1,955,383 | |||||
| Unrestricted income |
funds | - general | 340,447 | 363,554 | |||
| Total funds | 16 | 2,391,089 | 2,318,937 | ||||
| FUNDS | |||||||
| Restricted income funds Including investment revaluation |
reserve off708,336 | 2,050,642 | 1,955,383 | ||||
| (2019:f708,836) | |||||||
| Unrestricted income |
funds | 340,447 | 363,554 | ||||
| lncludinginvestment | revaluation | reserve off21,000 | |||||
| (2019:f21,000) | |||||||
| Total funds | 2,391,089 | 2,318,937 |
| 2 | Donations | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2020 | |||||
| f | f | ||||||
| Donations | 16,583 | 16,583 | |||||
| DBFGrant | 81,250 | 81,250 | |||||
| Service agreement | receipts | 33,880 | 33,880 | ||||
| Other grants received | 35,000 | 35,000 | |||||
| 131,713 | 35,000 | 166,713 | |||||
| Donations | |||||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2019 | |||||
| f | f | f | |||||
| Donations | 20,761 | 20,761 | |||||
| DBFGrant | 100,000 | 100,000 | |||||
| Service agreement | receipts | 32,041 | 32,041 | ||||
| Other grants received | 62,000 | 62,000 | |||||
| 152,802 | 62,000 | 214,802 | |||||
| 3 | Other trading activities | ||||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2020 | |||||
| f | |||||||
| Rental income from investment | properties | 34,318 | 34,318 | ||||
| Conference fees | income | 15,297 | 15,297 | ||||
| DMAT Income | 62,224 | 62,224 | |||||
| School Improvement | income | 5,700 | 5,700 | ||||
| 83,222 | 34,318 | 117,540 | |||||
| Other trading activities | |||||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2019 | |||||
| f | f | ||||||
| Rental income from | investment | properties | 33,282 | 33,282 | |||
| Conference fees | income | 23,579 | 23,579 | ||||
| DMAT Income | 30,035 | 30,035 | |||||
| School Improvement | income | ||||||
| 53,614 | 33,282 | 86'896 |
| 4 | Investment | income | income | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2020 | |||||
| f | f | f | |||||
| Bank interest | receivable | 80 | &0 | ||||
| Income from | UK listed investments | 38,710 | 19,924 | 58,634 | |||
| 38,790 | 19,924 | 58,714 | |||||
| Investment | income | ||||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2019 | |||||
| f | E | f | |||||
| Bank interest | receivable | 1,617 | 5,755 | 7,372 | |||
| Income from | UK listed investments | 7,525 | 27,975 | 35,500 | |||
| 9,142 | 33,730 | 42,872 | |||||
| 5 | Costs ofcharitable | activities by fund type | |||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2020 | |||||
| f | f | E | |||||
| Support for | church | schools 8 academies | 264,496 | 97,504 | 362,000 | ||
| Support costs | 22,182 | 22,182 | |||||
| 286,678 | 97,504 | 384,182 | |||||
| Costs ofcharitable | activities by fund type | ||||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2019 | |||||
| f | f | f | |||||
| Support for | church | schools 5academies | 275,464 | 127,878 | 403,342 | ||
| Support costs | 11,138 | 11,138 | |||||
| 286,602 | 127,878 | 414,480 |
| Costs ofcharitable activi |
ties by activity type | |||
|---|---|---|---|---|
| Activities | ||||
| undertaken | Support | Total Funds | ||
| directly | costs | 2020 | ||
| f | f | f | ||
| Support for church schools | 349,386 | 15,822 | 365,209 | |
| Governance: | ||||
| Audit fees | 6,360 | 6,360 | ||
| Legal and professional | fees | 12,614 | 12,614 | |
| 362,000 | 22,182 | 384,182 |
| Costs ofcharitable activi |
ties by activity type | |||
|---|---|---|---|---|
| Activities | ||||
| undertaken | Support | TotalFunds | ||
| directly | costs | 2019 | ||
| Support for church schools | 389,995 | 9,709 | 399,704 | |
| Governance; | ||||
| Audit fees | 1,429 | 1,429 | ||
| Legal and professional | fees | 13,347 | 13,347 | |
| 403,342 | 11,138 | 414,480 |
| Support costs comprise of | |
|---|---|
| 2020 | |
| Rent | 5,192 |
| Office costs | 10,630 |
| Audit fee | 6,360 |
| 22,182 | |
| 2019f | |
| Rent | 5,090 |
| Office costs | 4,851 |
| Auditfee | 1,197 |
| 11,138 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| f | f | |||
| Auditors' | remuneration: | 6,360 | 1,429 | |
| 8 | Employee | details | ||
| Total staff | costs were asfollows: | 2020 | 2019 | |
| f | f | |||
| Wages and | saladies | 206,270 | 234,809 | |
| Social security costs | 22,390 | 21,749 | ||
| Other pension costs | 27,983 | 27733 | ||
| 256,643 | 284,291 |
| 2020 | 2019 | ||
|---|---|---|---|
| No | No | ||
| Average FTEstaff members |
|||
| Four employees received emoluments |
ofmore than E60,000during the year (2019-four employees). | 2020 | 2019 |
| Band E60,000-E70,000 | 3 | 3 | |
| Band E70,000-F80,000 | 0 | 1 | |
| Band f80,000-f90,000 | 1 | 0 |
| 9 | Summary offund | movements | ||||||
|---|---|---|---|---|---|---|---|---|
| Balance at1 | Incoming | Outgoing | Gains and | Balance at31 | ||||
| Jan 2020 | resources | resources | losses | Transfers | Dec2020 | |||
| Restricted Income | Funds: | f | f | f | f | |||
| Section Monies Fund | 1,633,087 | 34,318 | (60,720) | 99,176 | 1,705,861 | |||
| Special Purposes | Fund | 279,883 | 19,924 | 4,345 | 304,152 | |||
| Interfaith Project |
||||||||
| Educational Grants |
42,413 | 35,000 | (36,784) | 40,629 | ||||
| 1,955,383 | 89,242 | (97,504) | 103,521 | 2,050,642 | ||||
| Unrestricted Income Funds; |
||||||||
| General Funds |
363,554 | 253,725 | (286,678) | 9,847 | 340,447 | |||
| TotalFunds | 2,318,937 | 342,967 | (384,182) | 113,368 | 2,391,089 | |||
| Summary offund movements | ||||||||
| Balance at1 | Incoming | Outgoing | Gains and | Balance at31 | ||||
| Jan 2019 | resources | resources | losses | Transfers | Dec2019 | |||
| Restricted Income Funds: | f | f | f | f | f | f | ||
| Section Monies Fund | 1,468,863 | 61,388 | (67,012) | 169,848 | 1,633,087 | |||
| Special Purposes Fund |
266,134 | 5,624 | 8,125 | 279,IH | ||||
| Educational Grants |
39,635 | 62,000 | (59,222) | 42,413 | ||||
| 1,774,632 | 129,012 | (126,234) | 177,973 | 1,955,382 | ||||
| Unrestricted Income |
Funds: | |||||||
| General Funds |
434,598 | 215,558 | (286,602) | 363,554 | ||||
| Total Funds | 2,209,230 | 344,570 | (412,836) | 177,973 | 2,318,937 |
| Fixtures 5 | |||
|---|---|---|---|
| Fittings | Total | ||
| f | f | ||
| At costorvaluation | |||
| At1January | and 31December 2020 | 2,868 | 2,868 |
| Accumulated | depreciation | ||
| At 1January | and 31December 2020 | ||
| Net book value at31December 2020 | 2,868 |
| Investment | CCLA | ||
|---|---|---|---|
| Property | investments | Total | |
| f | |||
| Within the United Kingdom | |||
| At 1January 2020 | 355,000 | 1,866,130 | 2,221,130 |
| Additions | 73,047 | 73,047 | |
| Disposals | (75,000) | (113,357) | (188,357) |
| Revaluation | (15,000) | 121,877 | 106,877 |
| At 31December 2020 | 265,000 | 1,947,697 | 2,212,697 |
| Cost at31December 2020 | 45,000 | 1,193,441 | 1,238,441 |
| 13 | Debtors | |||
|---|---|---|---|---|
| 2020 | 2019 | |||
| f | f | |||
| Due within one year | ||||
| Loan to parish for school house | 2,630 | 2,640 | ||
| Other debtors | 4,227 | 15,541 | ||
| 6,857 | 18,181 | |||
| Due after | one year | |||
| Loan to parish for school house | 2,630 | |||
| 2,630 | ||||
| 6,857 | 20,811 | |||
| 14 | Creditors | |||
| 2020 | 2019 | |||
| f | ||||
| Amounts | falling due within one year | |||
| Trade Creditors | 8,529 | 13,868 | ||
| Taxation | and social security | 12,691 | 12,147 | |
| Other Creditors | 16,983 | 5,141 | ||
| Accruals | 6,360 | 6,360 | ||
| 44,563 | 37,516 |
| Fixed assets | Net current | |||||
|---|---|---|---|---|---|---|
| Investments | assets | Total 2020 | ||||
| f | f | f | ||||
| Restricted Income | Funds: | |||||
| Section | Monies Fund | 1,705,861 | 1,705,861 | |||
| Special | Purposes | Fund | 286,836 | 17,316 | 304,152 | |
| Educational grants |
40,629 | 40,629 | ||||
| 1,992,697 | 57,945 | 2,050,642 | ||||
| Unrestricted Income Funds: |
||||||
| General | Funds | 220,000 | 120,447 | 340,447 | ||
| 2,212,697 | 178,392 | 2,391,089 | ||||
| Fixed assets | Net current | |||||
| Investments | assets | Total 2019 | ||||
| f, | f | f | ||||
| Restricted Income | Funds: | |||||
| Section | Monies Fund | 1,688,734 | (55,647) | 1,633,087 | ||
| Special | Purposes | Fund | 163,185 | 116,698 | 279,883 | |
| Educational grants |
42,413 | 42,413 | ||||
| 1,851,919 | 103,464 | 1,955,383 | ||||
| Unrestricted Income Funds: |
||||||
| General | Funds | 330,000 | 33,554 | 363,554 | ||
| 2,181,919 | 137,018 | 2,318,937 |
| Durham | Newcastle | 2020 | 2019 | |
|---|---|---|---|---|
| Schools | Schools | |||
| f | ||||
| Opening balance for year | 488,515 | 681,925 | 1,170,440 | 843,576 |
| Receipts | 964,154 | 1,469,115 | 2,433,269 | 2,971,843 |
| Payments | (1,091,456) | (1,248,734) | (2,340,190) | (2,644,978) |
| Closing balance for year | 361,213 | 902,306 | 1,263,519 | 1,170,441 |