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2021-12-31-accounts
| Trustess |
RevOlorunfemi AbayomiMoses |
|
OludotunBadero |
|
JumokeBukkyAkanbi |
|
Alex AbiolaOgun{adebo |
|
Omameri Otomewo |
| Registeredcharity number |
1033072EnglandandWales |
| Principal location |
57KangleyBridge Road |
|
LowerSydenham |
|
LondonSE265BA |
| Accountants |
Elliot Akins&Co |
|
Chartered CertifiedAccountants |
|
1stFloor, Cavendish House |
|
369BurntOak BroadwaY |
|
Edgware |
|
Middlesex HA8sAW |
|
Contents |
|
|
|
Page |
| Trustees'report |
|
1.-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 |
2079 |
|
|
f |
f. |
f, |
f, |
| Incomingresources |
|
|
|
|
|
| Incomingresourcesfromgeneratedfunds: |
|
|
|
|
|
| Voluntaryincome: donations |
2a |
103,982 |
|
1.03,982 |
105,228 |
| Activitiesinfurtheranceofcharitable activities |
2b |
|
|
|
|
| Investnentincome |
2c |
2 |
|
2 |
|
| Total incomingresources |
|
t03,984 |
|
103,984 |
a05,228 |
| Resourcesexpended |
|
|
|
|
|
| Charitable activities: |
|
|
|
|
|
| Religious organisations: donations |
J |
|
|
|
997 |
| Other charitable purposes |
4 |
3,134 |
|
3,134 |
6,677 |
| Relief ofpoverty |
5 |
|
|
|
1,058 |
| Governancecosts: |
|
|
|
|
|
| Management and administrativescosts |
6 |
111.,338 |
|
111,338 |
88,559 |
| Totalresourcesused |
|
1a4,472 |
|
114,472 |
97,291 |
| Netincomingresources |
|
(10,488) |
|
(10,488) |
7,937 |
| Net movementinfunds |
7 |
(10,488) |
|
(10,488) |
7,937 |
| Balanceat-Ll anaary2021 |
|
50,602 |
|
50,602 |
42,665 |
| Balance at31December2O2L |
8 |
40,LL4 |
|
40,444 |
50,602 |
|
|
2021 |
2020 |
| Fixedassets |
Notes |
f |
t |
| Tangibleassets |
9 |
30,337 |
39,342 |
|
|
30,337 |
39,342 |
| Currentassets |
|
|
|
| Debtors |
10 |
637 |
637 |
| Cash atbankandin hand |
|
34,803 |
32,150 |
|
|
35,440 |
32,787 |
| Creditors: amountsfalling |
|
|
|
| duewithinoneyear |
tt |
(25,663) |
(21,,527) |
| Net currentassets |
|
9,777 |
11,260 |
| Totalassetslesscurrent |
|
|
|
| liabilities |
|
40,1L4 |
50,602 |
| Creditors: amountsfallingdue |
|
|
|
| after more thanoneyear |
|
|
|
| Netassets |
|
40,114 |
50,602 |
| Reserves |
|
|
|
| Accumulatedreserves |
8 |
50,602 |
42,665 |
| Surplusfortheyear |
|
(10,488) |
7,937 |
| Totalfunds |
|
40,114 |
50,602 |
| 2a |
Donationsandsimilar incomingresources |
|
|
|
|
2021. |
2020 |
|
|
E |
f, |
|
Tithes& Offerings |
93,820 |
87,074 |
|
GiftAid |
|
10,633 |
|
]RSGrant |
'10,L62 |
7,521 |
|
|
103,982 |
105,228 |
| 2b |
Activitiesinfurtherance of charitableactivities |
2021 |
2020 |
|
|
t |
f" |
|
Sundrvincome |
|
|
|
|
|
|
| 2c |
lnvestmentincome |
202't |
2020 |
|
|
f, |
t |
|
Bank interest received |
2 |
|
|
|
2 |
|
| 3 |
Resourcesexpended on charitableactivities |
2021 |
2020 |
|
|
f, |
E |
|
Donations |
|
|
| 4 |
Resourcesexpended on othercharitable |
2021. |
2020 |
|
activities |
E |
t |
|
Youth &Sunday school |
|
294 |
|
Conferences, retreats and anniversaries |
|
190 |
|
Musicalconcert andrecording |
386 |
396 |
|
Transportation |
2,748 |
5,797 |
|
|
3,134 |
6,677 |
| 5 |
Resourcesexpendedonpovertyrelief |
202r |
2020 |
|
|
f, |
f |
|
Hospitality |
|
1,058 |
|
|
|
1,058 |
| 6 |
Governancecosts: |
|
|
|
2021. |
2020 |
|
Expenditure onmanaging/administering |
|
|
|
t, |
t, |
|
thecharity |
|
|
|
|
|
|
Rent andrates |
|
|
|
55,000 |
31,286 |
|
Telephone |
|
|
|
2,778 |
2,928 |
|
Printing,postage andstationery |
|
|
|
|
23 |
|
Lightand heat |
|
|
|
|
93 |
|
Cleaning |
|
|
|
911. |
857 |
|
Clergymaintenance |
|
|
|
13,1,40 |
13,140 |
|
Repairs andbuildingmaintenance |
|
|
|
|
/J/ |
|
Computerconsumables |
|
|
|
|
127 |
|
Legal and professionalfees |
|
|
|
1,382 |
4,005 |
|
Wages and salaries |
|
|
|
19,380 |
19,4L6 |
|
Employer NationalInsuranceexpense |
|
|
|
1,,456 |
1,473 |
|
Accountancy |
|
|
|
2,000 |
3,000 |
|
Subscriptions |
|
|
|
2,875 |
1,597 |
|
Bank charges |
|
|
|
619 |
394 |
|
Generalexpenses |
|
|
|
2,792 |
1,475 |
|
Depreciation |
|
|
|
9,005 |
9,005 |
|
|
|
|
|
111,338 |
89,556 |
| 7 |
Net movementin funds for |
the |
year |
|
2021 |
2020 |
|
|
|
|
|
f, |
E |
|
Net movement in fundsisstated |
|
after charging: |
|
|
|
|
Depreciationoftangible fixedassets. |
|
|
|
9,005 |
9,005 |
| 8 |
Funds |
Unrestricted |
|
Restricted |
Total |
Total |
|
|
Funds |
|
Funds |
Funds |
Funds |
|
|
|
|
|
2021 |
2020 |
|
|
|
f, |
f, |
t |
f, |
|
AtJanuary |
|
50,602 |
|
50,602 |
42,665 |
|
Surplus/(deficit)foryear |
|
(10,488) |
|
(10,488) |
7,937 |
|
At31December |
|
40,114 |
|
40,1'1,4 |
50,602 |
| 9 |
fortheye
Tangible fixedassets |
arended31Decembe |
r2027 |
|
|
|
Leasehold |
Fixtures and |
|
|
Cost |
improvement
f, |
equipment
f, |
Total
t |
|
at1.Jarruary202L |
42,810 |
49,691 |
92,501 |
|
At31December2021 |
42,810 |
49,69'1. |
92,501 |
|
Depreciation |
|
|
|
|
AtlJanuary2021. |
1,4,772 |
38,387 |
53,1.59 |
|
Chargefor year |
7,01,0 |
1,,995 |
9,005 |
|
At31December202L |
21,,782 |
40,382 |
62,164 |
|
Net bookvalue |
|
|
|
|
At31December2021 |
21,028 |
9,309 |
30,337 |
|
At31December2020 |
28,038 |
71,304 |
39,342 |
|
|
|
2021 |
2020 |
| 10 |
Debtors |
|
t |
f, |
|
VATreceivable |
|
637 |
638 |
|
Prepayments and accrued income |
|
|
|
|
|
|
637 |
638 |
| 11. |
Creditors: amountsfallingdue |
|
202L |
2020 |
|
withinoneyear |
|
f. |
f, |
|
Socialsecurityand othertaxes |
|
17,663 |
15,027 |
|
Accruals |
|
8,000 |
6,500 |
|
|
|
25,663 |
21,,527 |