2020-12-31-accounts

Re ort of	the	Trustees for the Year Ended 31 December 2020
Contents			page
Legal and	Administrative Information
Report of	the	Trustees	2to 8
Statement	of	Financial Activities
Balance Sheet			10
Notes forming		part ofthe financial statements	11to 14

	Unrestricted	Restricted	Endowment		Total Funds
	Funds	Funds	Funds	2020	2019
Notes		f	f
INCOME
Incoming resources	81,230			81,230	73,812
Other incoming resources
Total incoming resources	81,230			81,230	73,812
RESOURCES EXPENDED
Costs of generating funds
Missionary and Charitable
3a giving	14,827			14,827	7,527
Activities directly relating to
the work ofthe church 3b	72,661			72,661	61,623
Church management and
administration 3c	2,392			2,392	3,082
TOTAL RESOURCES EXPENDED	89,880			89,880	72,232
Net incoming/(Outgoing) Resources	8,650			8,650	1,580
Gains and Losses on investments
NET MOVEMENT IN FUNDS	8,650			8,650	1,580
ACCUMULATED FUNDS
B/F AT 01/01/2020	185,315			185,315	183,735
ACCUMULATED FUNDS
C/F AT 31/12/2020	176,665			176,665	185,315

		Notes	2020		2019
FIXEDASSETS
Tangible Assets			656,454		655,194
Longtime Investment			25,000		25,000
				681,454		680,194
CURRENT ASSETS
Debtors/Pledges/Prepayments		6
Bank/Cash Balances			145,751		156,671
				145,751		156,671
CURRENT LIABILITIES
Amount falling due within		7
one year			550		1,550
				550		1,550
Net Assets/Liabilities				826,655		835,315
Revaluation account				650,000		650,000
Accumulated Funds	8/F	5	185,315		183,735
Excess income/ ( Deficits)			8,650		1,580
Accumulated Funds	C/F			176,665		185,315
				826,665		835,315

INCOMING RESOURCES	Unrestricted	Rest	ricted	Endowment	Total Fund	s
	Funds	Funds		Funds	2020	2019
Tithes and Offerings	81,230				81,230	73,812
TOTAL INCOMING
RESOURCES	81,230				81,230	73,812
			11

			Unrestricted	Restricted	Endowment	Total Funds
			Funds	Funds	Funds	2020	2019
3) RESOURCES EXPENDED			f	f
3a. Missionary and charitable
givings:			14,827			14,827	7,527
3b.Activities directly	relating
to the work ofthe church:
Church Running	Expenses		39,935			39,935	53,654
Church Maintenance			19,096			19,096	2,312
Children Ministry							100
Evangelism/Overseas		Mission	846			846	2,321
Welfare			12,784			12,784	3,236
			72,661			72,661	61,623
3c. Church management		and
administration:
Administration			2,392			2,392	3,082
TOTAL RESOURCES	EXPENDED		89,880			89,880	72,232

NOTES TO THE FINANCIAL STATEMENTS	NOTES TO THE FINANCIAL STATEMENTS	NOTES TO THE FINANCIAL STATEMENTS	NOTES TO THE FINANCIAL STATEMENTS	CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2020					2020		2019
TOTAL INCOMING RESOURCES
Tithes, Offering and Appeal				81,230		73,812
					81,230		73,812
EXPENDITURES
A.	MISSIONARY CHARITABLE GIVING
	International mission support			13,300		4,250
	Tithes to IPHC ( British Conference)			1,527		3,277
					14,827		7,527
B.	CHURCH RUNNING	ACTIVITIES
	Events			10,537		17,975
	Light & Heating			3,411		5,412
	Fire &.Alarm			677		649
	Water rates			658		486
	Honorarium			18,927		17,550
	Telephone expenses			686		616
	Worship Ministry			1,540		7,056
	Benevolent					3,000
	Mission Expenses			2,500
	Insurance			1,000		910
					39,935		53,654
C,	CHURCH MAINTENANCE
	Building refurbishment		&, maintenance	19,096		2,312
					19,096		2 312
D.	CHILDREN MINISTRY					100	100
E.	EVANGELISM			846		2,321
					846		2 321
F.	WELFARE COMMUNITY	EXPENSES
	Welfare & Love Offering			12,784		3,236
					12,784		3,236
G.	ADMINISTRATION
	Accountancy fee			550		1,550
	Depreciation			1,842		1,842
					2392		1550
					89,880		72542
	NET INCOMING (OUTGOING)		RESOURCES		8,650		1270