| CONTENTS | PAGE | |
| Administrative information |
||
| Trustees Report | 4-6 | |
| Independent Examiners |
Report | |
| Statement of Financial | activities | |
| Balance Sheets | ||
| Note tothe Financial Statements | 10-13 |
| Notes | Unrestricted | Restricted | 31/10/2021 | 31/10/2020 | ||
|---|---|---|---|---|---|---|
| funds | funds | Total funds | Total funds | |||
| E | E | E | E | |||
| Incoming resources | ||||||
| Incoming resources from gerated funds | ||||||
| Voluntary income |
2 | 53,829.24 | 53,829.24 | 131,042.00 | ||
| Other Income (i.e Gift Aid, Church Equipment) | ||||||
| Total incoming resources | 53,829.24 | 53,829.24 | 131,042.00 | |||
| Resources expended | ||||||
| Cost ofCharitable activities |
3 | 92,934.52 | 92,934.52 | 63,574.00 | ||
| Fundraising trading costs |
||||||
| Governance costs |
4 | 10,291.23 | - | 10,291.23 | 13,477.06 | |
| Other resources expended | 5 | 2,725.00 | - | 2,725.00 | 2,960.00 | |
| Total resources expended | 105,950.75 | 105,950.75 | 80,011.06 | |||
| Net incoming resources before transfers | 52,121.51 | - | - | 52,121.51 | 51,030.94 | |
| Gross transfers between funds |
||||||
| Net movementin funds |
||||||
| 52,121.51 | 52,121.51 | 51,030.94 | ||||
| Total funds brought forward |
87,505.34 | 87,505.34 | 36,474.40 | |||
| Totalfunds carried forward | 35,383.83 | - | 35,383.83 | 87,505.34 |
| Notes | Unrestricted | Restricted | 31/10/2021 | 31/10/2020 | |||
|---|---|---|---|---|---|---|---|
| funds | funds | Total funds | Total funds | ||||
| E | E | ||||||
| Fixed assets | |||||||
| Tangible assets | 6 | 36,612.88 | 36,612.88 | 43,796.22 | |||
| 36,612.88 | 36,612.88 | 43,796.22 | |||||
| Current assets | |||||||
| Unlisted Investments |
|||||||
| Other debtors | 7 | ||||||
| Cash at bank | 8 | 7,254.98 | 7,254.98 | 59,896.00 | |||
| 7,254.98 | - | 7,254.98 | 59,896.00 | ||||
| Creditors: amounts | falling due | ||||||
| within one year | 600.00 | ||||||
| Net current assets | 7,254.98 | - | 7,254.98 | 59,296.00 | |||
| Creditors: amounts | due | ||||||
| after one year | 10 | 51,707.15 | 51,707.15 | 58,810.00 | |||
| total assets less current liabilities | 7,839.29 | 7,839.29 | 44,282.22 | ||||
| Net ossets | 7,839.29 | - | - | 7,839.29 | 44,282.22 | ||
| Funds | |||||||
| Unrestricted funds | |||||||
| Restricted funds | 11 | 35,383.83 | - | 35,383.83 | 87,505.34 | ||
| Previous year odj ustment | 43,223.12 | 43,223.12 | |||||
| Totalfunds | 7,839.29 | - | - | 7,839.29 | 87,505.34 |
| 3) Cost of Charitable | 3) Cost of Charitable | Activities | ||
|---|---|---|---|---|
| Gift to people in need | 3,600.00 | 6,770.00 | ||
| Allowance | 9,464.00 | 2,121.00 | ||
| Church Development | ||||
| Mission | 1,028.00 | 1,719.00 | ||
| Special Programme | Evangelism | 1,020.00 | 1,300.00 | |
| Telephone | 343.80 | 1,632.00 | ||
| Computer a Equipments | ||||
| Website Maintenance | &Internet | 129.51 | 1,165.00 | |
| Volunteer Expenses |
1,500.00 | |||
| Heating tk Light |
1,629.89 | 1,274.00 | ||
| Travel Expenses | 1,286.26 | 1,050.00 | ||
| Youth Ministry | 355.00 | 1,477.00 | ||
| Choir Expenses | 520.00 | 600.00 | ||
| Books 8 Tapes | 0.00 | |||
| Premise cost | 48,000.00 | 34,114.00 | ||
| Repairs and Maintenance | 19,352.19 | 3,455.00 | ||
| Stationery gt Printing |
350.00 | 360.00 | ||
| Hospitality | 1,180.00 | 1,200.00 | ||
| Advertisement | 540.00 | 890.00 | ||
| Welfare | 870.00 | 650.00 | ||
| Boiler Maintenance | 1,988.00 | 250.00 | ||
| Fire Alarm lk Security |
662.87 | 869.00 | ||
| Cleaning | 615.00 | 550.00 | ||
| Sundry expenses | 628.00 | |||
| subscription | ||||
| Total | 92,934.52 | 63,574.00 |
| 4) Governance costs |
||||||
|---|---|---|---|---|---|---|
| Indemnity Insurance |
1,229.37 | 1,328 | ||||
| Professional / consultancy | fees | |||||
| Accountancy fee |
600 | |||||
| Depreciation | 8,759.24 | 10,949.06 | ||||
| Bank charges | 302.62 | 600 | ||||
| Total | 10,291.23 | 13,477.06 | ||||
| 5) Other resources expended |
||||||
| Charitable Donations |
720 | 860 | ||||
| Evangelism and Special Events |
2005 | 2100 | ||||
| Ministry expense | ||||||
| Mission Expense | ||||||
| Offices Supplies | ||||||
| Solicitors fee | ||||||
| Total | 2725 | 2,960.00 | ||||
| 6) Tangible fixed assets |
||||||
| Musical | Office | Furniture | Others | Total | ||
| Equipment | Equipment | and | ||||
| fixtures | ||||||
| Opening NBV |
E | E | E | f | ||
| At 01/11/2020 | 5,260.80 | 3,144.70 | 6,259.20 | 29,131.52 | 43,796.22 | |
| Additions | 0.00 | 1,969.88 | 0.00 | 0.00 | 1,969.88 | |
| Total | 5,260.80 | 5,114.58 | 6,259.20 | 29,131.52 | 45,766.10 | |
| Less depreciation | ||||||
| Depreciation charge for year |
1,052.16 | 1,022.92 | 1,251.84 | 5,826.30 | 9,153.22 | |
| Net book value | ||||||
| Balance at 31/10/2021 | 4,208.64 | 4,091.67 | 5,007.36 | 23,305.22 | 36,612.88 | |
| 2021 | 2020 | |||||
| 7) Other Debtors |
E | E |
| 8) | Cash at Bank | |||
|---|---|---|---|---|
| Balance In Banks |
7,294.98 | 99,896.00 | ||
| 7,254.98 | 59,896.00 | |||
| 9) | Creditors: amounts | falling due within one year | ||
| Accounting fees | 6DD.DO | |||
| 600.00 | ||||
| 10) | Creditors: amounts | due after one year | ||
| ANCC Loan Account | 5,000.00 | 8,810.00 | ||
| Long | Term Loan |
46,7D7.16 | 50,000.0D | |
| 51,707.15 | 58,810.00 |