Victory church trustees report 2021. 27/02/2022 Our income for 2021 was roughly the same as the previous year so we were able to carry out our objectives as normal. We sent monetary aid to special appeals to a number of countries abroad as well as our own country and locally in our own town. We carried out some necessary repairs to our buildings and also replaced our aging computer with a new one and obtained a new fridge and freezer to replace the really old ones we had. For 2022 we plan to carry out considerable upgrades to our church building such as refurbishment of the toilets, the public address/ sound system, accessibility and a new carpet. We currently still have no paid staff. C Charlton Victory Church Expenses 2021 |||||| |---|---|---|---|---| |Pastor|Nil|||| |D Russon|5000.00|||| |Visiting Ministry|700.00|||| |J&E Whyte|1200.00|||| |Columbia|1200.00|||| |Cleaning|20.00|||| |Gas|700.30|||| |Electric|477.71|||| |Water|150.40|||| |Insurance|1417.59|||| |Communion pots|200.00|||| |Refreshments|114.45|||| |Special Appeals and Donations|3160.00|||| |Equipment|1306.78|||| |Repairs and Maintenance|1745.55|||| |Photocopier|66.00|||| |Professional Services|210.00|||| |Window Cleaner|30.00|||| |Telephone/Internet|322.83|||| |AOG Annual 3%|800.22|||| |Flowers|337.00|||| |Songs|65.78|||| |Gas & electric Safety Checks|780.00|||| |Literature|13.98|||| |Bank charges|5.00|||| |||||| |TOTAL|20023.59|||| |||||| 1 ## Victory Church Income 2021 |Victory Church Income 2021|| |---|---| |**Tithes and Oferings**|**20615.01**| |Missions Fund|157.00| |Gift Aid|2717.48| |Small Donation Scheme|1964.96| |Manse Rental|6000.00| |Hire of Ark|80.00| |Interest|2.05| |Sale of old computer & chairs|109.00| |Building fund|300.00| ||| ||| |Total|31945.50| 1 **Tithes and Offerings** Missions Fund Gift Aid Small Donation Scheme Manse Rental Hire of Ark Interest Sale of old computer & chairs Building fund Total 2 **Tithes and Offerings** Missions Fund Gift Aid Small Donation Scheme Manse Rental Hire of Ark Interest Sale of old computer & chairs Building fund Total 3 **Tithes and Offerings** Missions Fund Gift Aid Small Donation Scheme Manse Rental Hire of Ark Interest Sale of old computer & chairs Building fund Total 4 ## Financial Summary 2021 |Financial Summary 2021|| |---|---| |**Opened Year**|**37146.89**| |Income|31945.50| |Total|69092.39| ||| |Expenses|20023.59| ||| |Closed Year|49068.80| ||| |Funds Made up of|| |General Fund|47959.45| |Mission 3:16|1109.35| |Total|49068.80| ||| |Toddler Account|| |Opened Year|1651.68| |Collections|1119.19| ||2770.87| |Expenses|1211.70| |Balance|1559.17| ||| |Estimate of Church Assests|| |Church and Contents|100,000.00| |Manse, Ark and Contents|260,000.00| ||| 1 **Opened Year** Income Total Expenses Closed Year Funds Made up of General Fund Mission 3:16 Total Toddler Account Opened Year Collections Expenses Balance Estimate of Church Assests Church and Contents Manse, Ark and Contents 2 **Opened Year** Income Total Expenses Closed Year Funds Made up of General Fund Mission 3:16 Total Toddler Account Opened Year Collections Expenses Balance Estimate of Church Assests Church and Contents Manse, Ark and Contents 3 **Opened Year** Income Total Expenses Closed Year Funds Made up of General Fund Mission 3:16 Total Toddler Account Opened Year Collections Expenses Balance Estimate of Church Assests Church and Contents Manse, Ark and Contents 4 ## Budget 2022 |Budget 2022|| |---|---| |**Projected Income**|| ||| |Tithes and Offerings|20,500.00| |Gift Aid|1000.00| |Small Donation Scheme|900.00| |Rental of Manse|6600.00| |Missions Fund|150.00| |Ark Hire|200.00| ||| ||| |Total|29350.00| ||| ||| |Projected Expenses|| ||| |Visiting Ministry|3500.00| |Direct Missionary Support|2400.00| |General Running Expenses|5000.00| |New Equipment|1200.00| |Maintenance and Repair|6000.00| |Missions|3000.00| |AOG 3%|945.00| ||| ||| ||| ||| |Total|22045.00| ||| |Projected Surplus|7305.00| 1 **Projected Income** Tithes and Offerings Gift Aid Small Donation Scheme Rental of Manse Missions Fund Ark Hire Total Projected Expenses Visiting Ministry Direct Missionary Support General Running Expenses New Equipment Maintenance and Repair Missions AOG 3% Total Projected Surplus 2 **Projected Income** Tithes and Offerings Gift Aid Small Donation Scheme Rental of Manse Missions Fund Ark Hire Total Projected Expenses Visiting Ministry Direct Missionary Support General Running Expenses New Equipment Maintenance and Repair Missions AOG 3% Total Projected Surplus 3 **Projected Income** Tithes and Offerings Gift Aid Small Donation Scheme Rental of Manse Missions Fund Ark Hire Total Projected Expenses Visiting Ministry Direct Missionary Support General Running Expenses New Equipment Maintenance and Repair Missions AOG 3% Total Projected Surplus 4 ## AccuTax Accoun*ng ## **Annual account for the year ended 31[st] December 2021** This is a report in the respect of an examina*on carried out under Sec*on 43 of the Chari*es Act and in accordance with any direc*ons give by the Charity Commissioners under subsec*on (7)(b) of that sec*on which are applicable. There are no maCers coming to my aCen*on which gives me reasonable cause to believe that in any material respect: - - a) Accoun*ng records have not been kept in respect of the charity in accordance with Sec*on 41 of the 1993 Act: or - b) The accounts do not accord with those records; or - c) The statement of accounts does not comply with any of the requirements of regula*on 3 of The Chari*es (Accounts and Reports) regula*ons 1995. There are no maCers coming to my aCen*on in connec*on with the examina*on to which, in my opinion, aCen*on should be drawn in order to enable a proper understanding of the account to be reached. Yours Sincerely Wes Hepburn External Auditor Wes Hepburn ACCA, AATQB AccuTax Accoun*ng Accutaxaccoun*ng.co.uk 07528113601