| Contents | Page | ||
|---|---|---|---|
| Legal and Administrative | Information | ||
| Report ofthe | Trustees | 3-4 | |
| Independent | Examiner's | Report | |
| Statement of |
Financial | Activities | |
| Balance Sheet | |||
| Notes forming | part ofthe financial statements | 8-11 |
| STATEMENT OF FINANCIAL | STATEMENT OF FINANCIAL | ACTIVITIES | ACTIVITIES | 2020 | 2020 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
| NOTE | RESTRICTED | UNRESTRICTED | TOTAL | TOTAL | ||||
| F. | ||||||||
| INCOMING RESOURCES | ||||||||
| Incoming resources | from generated | funds: | ||||||
| TOTAL INCOMING | RESOURCES | |||||||
| 139,868 | 139,868 | 162,406 | ||||||
| RESOURCES EXPENDED | ||||||||
| Cost ofgenerating | funds | |||||||
| Charitable Activities |
||||||||
| 134,405 | 134,405 | 167,431 | ||||||
| Governance Costs |
||||||||
| TOTAL RESOURCES EXPENDED | ||||||||
| 134,405 | 134,405 | 167,431 | ||||||
| NET INCOME/EXPENDITURE | FOR | THE | ||||||
| YEAR BEFORETRANSFER | ||||||||
| 5,463 | 5,463 | -5,025 | ||||||
| Gains on revaluation | ofassets | |||||||
| Net Movements in funds |
||||||||
| 5,463 | 5,463 | -5,025 | ||||||
| Total Funds Brought Forward | 185,238 | 311,878 | 497,16 | 502,141 | ||||
| Total Funds Carried | Forward | |||||||
| 185,238 | 317,341 | 502,579 | 497,116 | |||||
| Restricted | 185,238 | 185,238 | 185,238 | |||||
| Unrestricted | ||||||||
| 317,341 | 317,341 | 311,878 |
| BALANCE SHEET | Note | 2020 | 2019 |
|---|---|---|---|
| f | f | ||
| Fixed Assets | |||
| Tangible Assets | |||
| 160,232 | 161,312 | ||
| Investments | |||
| 403,036 | 403,036 | ||
| Currents Assets | 563,268 | 564,348 | |
| Debtors &Prepayments | |||
| Cash & Bank | |||
| 6,893 | 8,200 | ||
| 6,893 | 8,200 | ||
| Creditors: falling due within one year | |||
| 1,850 | |||
| Net Current Assets | |||
| Total Assets | 6,893 | 6,350 | |
| Creditors: falling due after one year | 570,161 | 570,698 | |
| NET ASSETS | 67,582 | 73,582 | |
| 502,579 | 497,116 | ||
| INCOME FUNDS | |||
| Restricted | |||
| Unrestricted | 185,238 | 185,238 | |
| TOTAL FUNDS | 317,341 | 311,878 | |
| 502,579 | 497,116 |
| 2.DONATIONS | AND | SIMILAR INCOMING | ||||
|---|---|---|---|---|---|---|
| RESOURCES | RESTRICTED | UNRESTRICTED | ||||
| 2020 | 2020 | Total | 2019 | |||
| Tithes 8 Offering | 125,655 | 125,625 | 143,972 | |||
| Gift Aid Repayment | 14,213 | 14,213 | 18,434 | |||
| Building Funds |
||||||
| 139,868 | 139,868 | 162,406 | ||||
| 3.CHARITABLE | ACTIVITIES | |||||
| 2020 | 2019 | |||||
| Rent-Office & Church |
||||||
| Media | 20,305 | 25,919 | ||||
| Salaries | 11,576 | 3,605 | ||||
| Donations &Welfare |
33,602 | 33,702 | ||||
| Mission | 90 | 1,278 | ||||
| Pastor's allowance | 4,400 | |||||
| NEST | 8,044 | |||||
| Honorarium | 5,258 | 3,250 | ||||
| 400 | ||||||
| Worship & Events |
||||||
| 2,516 | 9,524 | |||||
| Equipment | ||||||
| Motor Vehicle Expenses General Administration |
Cost | 392 5,386 |
5,325 9,157 |
|||
| Repair & Maintenance | 25,248 | 19,443 | ||||
| 573 | ||||||
| Bank Charges | ||||||
| 685 | 878 | |||||
| Music Ministry | ||||||
| Professional Fees | 10,160 | 16,800 | ||||
| HMRC - PAYE | 1,676 | 7,772 | ||||
| Storage | 11,081 | 10,568 | ||||
| Sundry | 4,155 | |||||
| 950 | 5,600 | |||||
| Depreciation | ||||||
| 1,080 | 1,438 | |||||
| 134,405 | 167,431 |
| 4.TANGIBLE FIXEDASSETS | ||||||
|---|---|---|---|---|---|---|
| COST | Freehold Property f |
Computer Equipment f |
Musical Equipment f |
Moto~ Vehicle |
Furniture &Fixture |
Total |
| At 01/08/1 9 | 157,000 | 16,289 | 83,305 | 15,595 | 2,852 | 275,041 |
| Additions | ||||||
| At 31/07/20 | 157,000 | 16,289 | 83,305 | 15,595 | 2,852 | 275,041 |
| DEPRECIATION | ||||||
| At 01/08/1 9 Charge in period At 31/07/20 |
15,205 271 15,476 |
80,665 660 81,325 |
15,387 52 15,439 |
2,472 97 2,569 |
113,729 1,080 114,809 |
|
| NET BOOK VALUE | ||||||
| At 31July 2020 At 31July 2019 |
157,000 157,000 |
813 1,084 |
1,980 2,640 |
156 208 |
284 380 |
160,232 161,312 |
| 5.DEBTORS AND PREPAYMENTS | ||||||
| 2020 | 2019 | |||||
| Debtors | f | f | ||||
| .CREDITORS —due within one year | ||||||
| 2020 | 2019 | |||||
| ccounting Fees |
||||||
| 1,850 | ||||||
| 1,850 | ||||||
| .CREDITORS —due after one year | ||||||
| 2020 | 2019 | |||||
| an —Mortgage | ||||||
| 67,582 | 73,582 | |||||
| 67,582 | 73,582 |