2021-12-31-accounts

		Page
Charity information
Trustees' Report		2-8
Independent Examiners'	Report
Profit and loss account		10
Balance sheet
Notes to the accounts		12-15

Mr V K Aning	Trustee	ISecretary
Mr E K Abbe-Fynn	Trustee
Ms M Quansah	Trustee
Mrs M Owusu Yaw	Trustee	i' (Ag. Chairman)
Capt. C D I Daramanu	Trustee
Mr SOppong	Trustee

for the year ended	31 De	ce	mber 2021
					2021	2020
				Notes	K
I'ncome from Offerings,	Harvests		and Donations	8	44,590	101,222
Other income					48,321	48,468
Total income					92,911	149,690
Expenses
Mission Donations					8,220	346
Employee costs					25,113	25,114
Premises costs					18,620	12,639
General administrative	expenses				4,257	2,828
Travel and subsistence					2,442	198
Legal and professional	costs				13,359	14,343
Interest					360	1,337
Finance charges					21	56
Depreciation and loss/(profit)		on	sale		8,254	7,565
Total expended					80,646	64,426
Net (deficit)/surplus					12,265	85,264

God's Church ofPeace	God's Church ofPeace
Balance Sheet
as at31December 2021			Unrestricted		Restricted		Total	Unresbicted	Restricted		Total
				funds	funds		funds	fumls	funds		funds
		Notes		2021 8	2021 8	2021 8	2021 8	2020	2020f	2020 8	2020 8
Fixed assets
Tangible lixed assets			3	301,322			301,322	308,180			308,180
Investmsnt			6	700,000			700,000	700,000			700,000
							1,001,322				1,0M,180
Current assets
Debtors and prepayments			4	4,105		4,105		14,259		14,259
Bank/building society balances				66,108	36,973	103,081		43,403	68,130	111,533
Cash in hand				995		995		2.023		2,023
						108,181				127,815
Cunsnt Iiabglties
Trade creditor and accruals			5	17,157		17,157		17,653		17,653
Loans due within	1year							28,046		28,046
Other lisbgttes				3,932		3,932
						21,089				45,699
Net cunsnt assets							87,092				82,116
Loans due after more than one		year	7	(7,558)			(7,558)				(21.705)
Net assets							1,080.856				1,068,591
Financed by
Balance at start ofperiod				1,068,591			1.068,591	983,327			983,327
Net (deacit)rsurplus				(24,708)	36,973		12,265	17.134	68,130
				1,043,883	36,973		1.080,856	1,000.461	68,130		1,068.591

	Depreciation has been provided at the estimated useful lives.	following rates in order t	o write offthe asse	ts over their
	Plant and machinery	25% Reducing	balance
	Motor vehicles	25% Reducing	balance
	Freehold property	2% Straight line
2	Staff Costs		2021	2020
			R
	Wages and salaries		25,000	25,000
	Employee costs - Pensions		113	114
			25,113	25,114

3	Tangible fixed assets
		Plant and	Motor	Freehold	Total
		machinery	vehicles	Property
	Cost
	At 1 January 2021	28,075	28,721	337,265	394,061
	Additions/Improvements	1,395			1,395
	At 31 December 2021	29,470	28,721	337,265	395,456
	Depreciation
	At 1 January 2021	25,100	27,054	33,727	85,881
	Charge for the year	1,092	416	6,745	8,253
	At 31 December 2021	26,192	27,470	40,472	94,134
	Net book value
	At 31 December 2021	3,278	1,251	296,793	301,322
	At 31 December 2020	2,975	1,667	303,538	308,180

4	Debtors			2021	2020
	Gift aid recoverable				9,753
	Other debtors			4,105	4,506
				4,105	14,259
5	Liabilities: Amounts		falling due within one year	2021	2020
					K
	Trade creditors	&accruals		17,157	17,662
	Bank loan				28,046
	Other liabilities			3,932
				21,089	45,708

fo	r the year ended 31D	r the year ended 31D	ecember 20	21
6	Other fixed assets
						2021 E	2020f
	Investment property		-cost			182,685	182,685
	Fair value movement		on investment	property-	B/fwd	517,315	517,315
						700,000	700,000
	The freehold	property	relates to 8 Manor Grove, London, SE151SX.
7	Loans due after more		than 1year
						2021f	2020 K
	Mrs M Owusu	Yaw				2,563	2,563
	Mr V KAning					2,370	2,370
	MrSOppong					2,625	2,625
	Bank loan						14,147
						7,558	21,705

Profit and loss accou	nt	analysis
				2021	2020
Income
Unrestricted Offerings,		Harvests	and Donations	44,498	58,969
Restricted Donations					32,500
Earlier years giR aid				92	9,753
				44,590	101,222
Other income/profits
Interest receivable				2	4
Other income				13,958	16,064
Rental income				34,361	32,400
				48,321	48,468
Employee costs
Wages and salaries				25,000	25,000
Pensions				113	114
				25,113	25,114
Premises costs
Rates				745	(1,109)
Light and heat Repairs &Maintenance				5,217 8,531	5,106 5,115
Insurance				3,422	3,447
Cleaning and welfare				705	80
				18,620	12,639
General administrative		expenses
Telephone and fax				1,455	529
Stationery, printing	and postage				122
Subscription s				1,362	1,644
Canteen expenses					253
Sundry					60
Harvest organisation		cost		1,440	220
				4,257	2,828
Travel and subsistence
Travel and subsistence				2,442	198
Legal and professional		costs
Accountants fees				4,620	4,260
Other legal and professional				2,662	3,162
Management fees				6,077	6,921
				13,359	14,343
Interest
Mortgage interest				360	1,337
Other finance charges
Bank charges				21
Depreciation and lossl(profit) on			sale
Depreciation				8,254	7,565