| Notes | Unrestricted | Restricted | 31/10/2020 | 31/10/2019 | ||
|---|---|---|---|---|---|---|
| funds | funds | Total funds | Total funds | |||
| E | E | E | E | |||
| Incoming resources | ||||||
| Incoming resources from gerated funds | ||||||
| Voluntary income |
2 | 131,042.00 | 131,042.00 | 106,222.00 | ||
| Other Income (i.e Gift Aid, Church Equipment) | ||||||
| Total incoming resources | 131,042.00 | 131,042.00 | 106,222.00 | |||
| Resources expended | ||||||
| Cost ofCharitable activities |
3 | 63,574.00 | 63,574.00 | 103,011.00 | ||
| Fundraising trading costs |
||||||
| Governance costs | 4 | 13,477.06 | - | 13,477.06 | 14,618.60 | |
| Other resources expended | 5 | 2,960.00 | 2,960.00 | 6,659.00 | ||
| Total resources expended | 80,011.06 | 80,011.06 | 124,288.60 | |||
| Net incoming resources before transfers | 51,030.94 | - | 51,030.94 | - | 18,066.60 | |
| Gross transfers between funds |
||||||
| Net movement infunds |
||||||
| 51,030.94 | 51,030.94 | - | 18,066.60 | |||
| Total funds brought forward |
36,474.40 | 36,474.40 | 54,541.00 | |||
| Totirifunds carried forward | 87,505.34 | - | 87,505.34 | 36,474.40 |
| Notes | Unrestricted | Restricted | 31/10/2020 | 31/10/2019 | ||
|---|---|---|---|---|---|---|
| funds | funds | Total funds | Total funds | |||
| E | E | E | ||||
| Fixed assets | ||||||
| Tangible assets | 6 | 43,796.22 | 43,796.22 | 47,462.40 | ||
| 43,796.22 | 43,796.22 | 47,462.40 | ||||
| Current assets | ||||||
| Unlisted Investments |
||||||
| Other debtors | 7 | |||||
| Cash at bank | 8 | 59,896.00 | 59,896.00 | 522.00 | ||
| 59,896.00 | - | 59,896.00 | 522.00 | |||
| Creditors: amounts | falling due | |||||
| within one year | 600.00 | 600.00 | 600.00 | |||
| Net current assets | 59,296.00 | 59,296.00 - | 78.00 | |||
| Creditors: amounts | due | |||||
| after one year | 10 | 58,810.00 | 58,810.00 | 10,910.00 | ||
| Total assets less current liabilities | 44,282.22 | - | 44,282.22 | 36,474.40 | ||
| Net assets | 44,282.22 | - | 44,282.22 | 36,474.40 | ||
| Funds | ||||||
| Unrestricted funds | ||||||
| Restricted funds | 11 | 87,505.34 | 87,505.34 | 36,474.40 | ||
| Totalfunds | 87,505.34 | - | 87,505.34 | 36,474.40 |
| Musical Equipment | Musical Equipment | 20% | ||
|---|---|---|---|---|
| Office Equipment | 20% | |||
| Furniture's and |
Fixtures | 20% | ||
| Others | 20% | |||
| Analysis of incoming resources | ||||
| 2020 | 2019 | |||
| 2) Voluntary |
income | 6 | 6 | |
| Tithe, Offerings | and thanksgiving | 131,042.00 | 106,222.00 | |
| Other Donations | ||||
| Total | 131,042.00 | 106,222.00 | ||
| Other Income | ||||
| Gift Aid | ||||
| Bank Interest | ||||
| Church Equpiment |
||||
| Total Incoming | Resources | 131,042.00 | 106,222.00 |
| 3) Cost ofCharitable | 3) Cost ofCharitable | Activities | ||
|---|---|---|---|---|
| Gift to people in need | 6,770.00 | 4,694.00 | ||
| Allowance | 2,121.00 | 7,900.00 | ||
| Church Development | ||||
| Mission | 1,719.00 | 3,367.00 | ||
| Special Programme | Evangelism | 1,300.00 | 3,355.00 | |
| Telephone | 1,632.00 | 2,637.00 | ||
| Computer | ||||
| Website Maintenance | 1,165.00 | 696.00 | ||
| Volunteer Expenses |
1,500.00 | 3,943.00 | ||
| Heating &Light | 1,274.00 | 1,538.00 | ||
| Travel Expenses | 1,050.00 | 1,949.00 | ||
| Youth Ministry | 1,477.00 | 5,859.00 | ||
| Choir Expenses | 600.00 | 2,168.00 | ||
| Books &Tapes | 0.00 | |||
| Premise cost | 34,114.00 | 49,145.00 | ||
| Repairs and Maintenance | 3,455.00 | 5,708.00 | ||
| Stationery & Printing | 360.00 | 750.00 | ||
| Hospitality | 1,200.00 | 3,888.00 | ||
| Advertisement | 890.00 | 1,809.00 | ||
| Welfare | 650.00 | 1,056.00 | ||
| Boiler Maintenance | 250.00 | 250.00 | ||
| Fire Alarm Security | 869.00 | 720.00 | ||
| Cleaning | 550.00 | 974.00 | ||
| Sundry expenses | 628.00 | 705.00 | ||
| subscription | ||||
| Total | 63,574.00 | 103,111.00 |
| indemnity insurance |
1,328 | 1,281.00 | ||||
|---|---|---|---|---|---|---|
| Professional / consultancy | fees | |||||
| Accountancy fee |
600 | 600.00 | ||||
| Depreciation | 10,949.06 | 11,865.60 | ||||
| Bank charges | 600 | 872.00 | ||||
| Total | 13,477.06 | 14,618.60 | ||||
| 5) Other resources expended |
||||||
| Charitable Donations |
860 | 1,069.00 | ||||
| Evangelism and Special Events |
2100 | 5,590.00 | ||||
| Ministry expense | ||||||
| Mission Expense | ||||||
| Offices Supplies | ||||||
| Solicitors fee | ||||||
| Total | 2960 | 6,659.00 | ||||
| 6) Tangible fixed assets |
||||||
| Musical | Office | Furniture | Others | Total | ||
| Equipment | Equipment | and | ||||
| fixtures | ||||||
| Opening NBV |
f | E | f | E | ||
| At 01/11/2019 | 6,576.00 | 3,930.88 | 7,824.00 | 36,414.40 | 54,745.28 | |
| Additions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Total | 6,576.00 | 3,930.88 | 7,824.00 | 36,414.40 | 54,745.28 | |
| Less depreciation | ||||||
| Depreciation charge for year |
1,315.20 | 786.18 | 1,564.80 | 7,282.88 | 10,949.06 | |
| Net book value | ||||||
| Balance at 31/10/2020 | 5,260.80 | 3,144.70 | 6,259.20 | 29,131.52 | 43,796.22 | |
| 2020 | 2019 | |||||
| 7) Other Debtors |
f |
| Balance In | Balance In | Banks | 59,896.0D | 522.00 | |
|---|---|---|---|---|---|
| 59,896.DD | 522.00 | ||||
| 9) | Creditors: amounts | falling due within one year | |||
| Accounting | fees | 600.0D | 600.00 | ||
| 600.00 | 600.00 | ||||
| 10) | Creditors: amounts | due after one year | |||
| ANCC Loan | Account | 8,810 | 10,910.00 | ||
| Long | Term | Loan | 50000 | ||
| 58,810.00 | 10,910.00 |