|||Page|
|---|---|---|
|Charity information|||
|Trustees'<br>Report||2-8|
|Independent<br>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<br>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<br>8|2021<br>8|2021<br>8|2021<br>8|2020|2020f|2020<br>8|2020<br>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<br>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<br>has been provided at the <br>estimated<br>useful lives.|following<br>rates in order t|o write offthe asse|ts over their|
|---|---|---|---|---|
||Plant and machinery|25% Reducing|balance||
||Motor vehicles|25% Reducing|balance||
||Freehold<br>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<br>E|2020f|
||Investment<br>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<br>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<br>Offerings,||Harvests|and Donations|44,498|58,969|
|Restricted<br>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<br>Repairs &Maintenance||||5,217<br>8,531|5,106<br>5,115|
|Insurance||||3,422|3,447|
|Cleaning<br>and welfare||||705|80|
|||||18,620|12,639|
|General administrative||expenses||||
|Telephone<br>and fax||||1,455|529|
|Stationery,<br>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<br>fees||||4,620|4,260|
|Other legal and professional||||2,662|3,162|
|Management<br>fees||||6,077|6,921|
|||||13,359|14,343|
|Interest||||||
|Mortgage interest||||360|1,337|
|Other finance charges||||||
|Bank charges||||21||
|Depreciation<br>and lossl(profit) on|||sale|||
|Depreciation||||8,254|7,565|