This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2020-12-31-accounts
|
Legal andadministrativeinformation |
| Trustess |
RevOlorunfemi AbayomiMoses |
|
OludotunBadero |
|
JumokeBukkyAkanbi |
|
Alex AbiolaOgunfadebo |
|
Omameri Otomewo |
| Registeredcharity number |
1.033072England and Wales |
| Principal location |
57KangleyBridge Road |
|
LowerSydenham |
|
LondonSE255BA |
| Accountants |
ElliotAkins&Co |
|
CharteredCertifiedAccountants |
|
1stFloor, Cavendish House |
|
369BurntOakBroadway |
|
Edgware |
|
MiddlesexHA8 sAW |
|
Contents |
|
|
|
Page |
| Trustees'report |
|
t-2 |
| Independentexaminer'sreport |
|
J |
| Statement offinancial activities |
|
4 |
| Balancesheet |
|
5 |
| Notes to thefinancialstatements |
|
6-9 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
Notes |
funds |
funds |
funds |
funds |
|
|
|
|
2020 |
20L9 |
|
|
f. |
f, |
t |
E |
| Incomingresources |
|
|
|
|
|
| Incomingresourcesfromgeneratedfunds: |
|
|
|
|
|
| Voluntaryincome: donations |
2a |
1,05,228 |
|
105,228 |
104,871, |
| Activitiesin furtheranceofcharitable activities |
2b |
|
|
|
|
| Investment income |
2c |
|
|
|
|
| Total incomingresources |
|
105,228 |
|
105,228 |
104,871. |
| Resourcesexpended |
|
|
|
|
|
| Charitable activities: |
|
|
|
|
|
| Religious organisations: donations |
3 |
997 |
|
997 |
260 |
| Other charitable purposes |
4 |
6,677 |
|
6,677 |
4,769 |
| Relief ofpoverty |
5 |
1,058 |
|
1,058 |
1,11.4 |
| Governancecosts: |
|
|
|
|
|
| Management and administrativescosts |
6 |
88,559 |
|
88,559 |
82,063 |
| Totalresourcesused |
|
97,29't |
|
97,29L |
88,206 |
| Netincomingresources |
|
7q?7 |
|
7,937 |
16,665 |
| Net movementin funds |
7 |
7,937 |
|
7,937 |
16,665 |
| BalanceatLlanaary2020 |
|
42,665 |
|
42,665 |
26,000 |
| Balanceat 31December2020 |
8 |
50,602 |
|
50,602 |
42,655 |
|
|
2020 |
2019 |
| Fixedassets |
Notes |
e |
f, |
| Tangibleassets |
9 |
39,342 |
44,347 |
|
|
39,342 |
M,347 |
| Currentassets |
|
|
|
| Debtors |
10 |
637 |
4,024 |
| Cash atbank andin hand |
|
32,150 |
13,133 |
|
|
32,787 |
17,L57 |
| Creditors: amountsfalling |
|
|
|
| duewithinoneyear |
11. |
(21,,527) |
(18,839) |
| Net currentassets |
|
11,260 |
(1,682) |
| Totalassetslesscurrent |
|
|
|
| liabilities |
|
50,602 |
42,665 |
| Creditors: amountsfallingdue |
|
|
|
| after more thanone year |
|
|
|
| Netassets |
|
50,602 |
42,665 |
| Reserves |
|
|
|
| Accumulatedreserves |
8 |
42,665 |
26,000 |
| Surplusfortheyear |
|
7,937 |
'1,6,665 |
| Totalfunds |
|
50,602 |
42,665 |
| 2a |
Donations andsimilar incomingresources |
|
|
|
|
2020 |
2019 |
|
|
E |
f" |
|
Tithes& Offerings |
87,074 |
96,452 |
|
GiftAid |
10,633 |
8,419 |
|
|
RSGrant |
7,521, |
|
|
105,228 |
104,871 |
| 2b |
Activitiesinfurtherance of charitableactivities |
2020 |
2019 |
|
|
f |
t |
|
Sundryincome |
|
|
|
|
|
|
| 2c |
lnvestmentincome |
2020 |
2019 |
|
|
E |
f, |
|
Bank interest received |
|
|
| 3 |
Resourcesexpendedoncharitableactivities |
2020 |
2019 |
|
|
E |
f, |
|
Donations |
997 |
260 |
|
|
9W |
260 |
| 4 |
Resourcesexpended on other charitable |
2020 |
2019 |
|
activities |
f, |
f, |
|
Youth &Sunday school |
294 |
310 |
|
Con{erences,retreats and anniversaries |
190 |
|
|
Musicalconcert andrecording |
396 |
417 |
|
Transportation |
5,797 |
4,042 |
|
|
6,677 |
4,769 |
| 5 |
Resourcesexpendedonpovertyrelief |
2020 |
2019 |
|
|
f |
t |
|
Hospitality |
1,058 |
1,114 |
|
|
1,058 |
1,,1'1,4 |
| 6 |
Governancecosts: |
|
|
|
2020 |
2019 |
|
Expenditureonmanaging/administering |
|
|
|
f, |
f, |
|
thecharity |
|
|
|
|
|
|
Rent andrates |
|
|
|
31,,286 |
18,007 |
|
Telephone |
|
|
|
2,928 |
3,162 |
|
Printing,postage andstationery |
|
|
|
23 |
324 |
|
Lightand heat |
|
|
|
93 |
404 |
|
Cleaning |
|
|
|
857 |
|
|
Clergymaintenance |
|
|
|
13,1.40 |
13,1,4O |
|
Repairs andbuildingmaintenance |
|
|
|
/c/ |
776 |
|
Computerconsumables |
|
|
|
127 |
354 |
|
Legal and professionalfees |
|
|
|
4,005 |
|
|
Wages and salaries |
|
|
|
19,4'1,6 |
19,515 |
|
Employer NationalInsuranceexpense |
|
|
|
1,473 |
1,520 |
|
Accountancy |
|
|
|
3,000 |
3,000 |
|
Subscriptions |
|
|
|
600 |
3,042 |
|
Bankcharges |
|
|
|
394 |
904 |
|
Generalexpenses |
|
|
|
1,,475 |
7,806 |
|
Depreciation |
|
|
|
9,005 |
10,109 |
|
|
|
|
|
88,559 |
82,063 |
| 7 |
Net movementin funds for |
the |
year |
|
2020 |
2019 |
|
|
|
|
|
f, |
t |
|
Net movement in fundsisstated |
|
after charging: |
|
|
|
|
Depreciationoftangible fixedassets. |
|
|
|
9,005 |
10,109 |
| 8 |
Funds |
Unrestricted |
|
Restricted |
Total |
Total |
|
|
Funds |
|
Funds |
Funds |
Funds |
|
|
|
|
|
2020 |
2019 |
|
|
|
f. |
f, |
f, |
E |
|
AtJanuary |
|
42,665 |
|
42,665 |
26,000 |
|
Surplus/ (deficit) foryear |
|
7,937 |
|
7,937 |
1,6,665 |
|
At31December |
|
50,602 |
|
50,602 |
42,665 |
| 9 |
Tangible fixedassets |
|
|
|
|
|
Leasehold |
Fixtures and |
|
|
Cost |
improvement
E |
equipment
f, |
Total
t |
|
atl"lataary2020 |
38,810 |
49,691. |
88,501 |
|
Additions |
4,000 |
|
4,000 |
|
At31December2020 |
42,81.0 |
49,691. |
92,501 |
|
Depreciation |
|
|
|
|
Atl,Jawaary2024 |
7,762 |
36,392 |
44,L54 |
|
Chargefor year |
7,01,0 |
1,995 |
9,004 |
|
At31December2020 |
1,4,772 |
38,387 |
53,158 |
|
Net bookvalue |
|
|
|
|
At31December2020 |
28,038 |
1L,304 |
39,343 |
|
At31December2019 |
31,048 |
73,299 |
M,347 |
|
|
|
2020 |
2019 |
| L0 |
Debtors |
|
f, |
f, |
|
VATreceivable |
|
638 |
1,,427 |
|
Prepayments and accruedincome |
|
|
2,597 |
|
|
|
637 |
4,024 |
| 11 |
Creditors: amountsfallingdue |
|
2020 |
2019 |
|
withinoneyear |
|
f, |
f, |
|
Socialsecurityand othertaxes |
|
15,027 |
12,339 |
|
Accruals |
|
5,500 |
5,500 |
|
|
|
2'1,527 |
18,839 |