| Contents | Page |
|---|---|
| Reference and Administrative Details |
|
| Report ofTrustees | |
| Trustees Responsibility Statement |
|
| Independent Examiner*s Report |
10 |
| Statement of Financial Activities |
|
| Balance Sheet | |
| Notes to the Financial Statements | 13 |
| Nore | Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2020 | 2019 | ||||
| f | f | ||||||
| Income: | |||||||
| Tithes &Offerings | 81,618 | 81,618 | 76,628 | ||||
| Donations &Appeals |
3rr | 17,648 | 17,648 | '46,283 | |||
| Other Voluntary | Receipts | 5,391 | 5,391 | 22,083 | |||
| Other Income | 38 | 9,550 | 9,550 | 9,826 | |||
| 114,207 | 114,207 | 154,620 | |||||
| Total Income | 114,207 | 114,207 | 154,620 | ||||
| Expenditure: | |||||||
| Charitable Activities |
4s | 51,509 | 51,509 | 114,512 | |||
| Mortgage | 15,234 | ||||||
| General Overhead | Expenses | 15,157 | 15,157 | 14,851 | |||
| Miscellaneous | 87 | 87 | 932 | ||||
| Total Expenses | 66,753 | 66,753 | 145,529 | ||||
| Net Surplus/(Loss} | 47,454 | 47,454 | 9,091 |
| Note | 2020 | 2019 | |||||
|---|---|---|---|---|---|---|---|
| 6 | 6 | 6 | 6 | ||||
| Fixed assets | |||||||
| Freehold | Building | 560,000 | 522,492 | ||||
| Additions | |||||||
| 560,000 | 522,492 | ||||||
| Current | Assets | ||||||
| Debtors | s | 15,266 | 9,419 | ||||
| Cash at | bank | 125,625 | 78,290 | ||||
| 140,891 | 87,709 | ||||||
| Creditors: | |||||||
| Amounts | falling due | within one year | (896) | (2,990) | |||
| Creditors: | |||||||
| Amounts | falgng due | after one year | |||||
| Net current | |||||||
| assets/(liabilities) | 139,995 | 84,719 | |||||
| Total assets less current liabilities | 699,995 | 607,211 | |||||
| Represented by |
|||||||
| Unrestricted | Fund | 56,545 | 9,091 | ||||
| Restricted | Fund | ||||||
| Reserve | 643,450 | 598,120 | |||||
| 699,995 | 607,211 |
| 3a.Tithes &Offering | s | ||
|---|---|---|---|
| Total | Total | ||
| 2020 | 2019 | ||
| 6 | |||
| Kingdom Fund | 60,530 | 45,975 | |
| General Offerings | 15,557 | 16,746 | |
| Special Thanks Offerings | 5,532 | 13,907 | |
| 81,618 | 76,628 | ||
| 3b.Donations 8 Appeals | |||
| Total | Total | ||
| 2020 | 2019 | ||
| 6 | |||
| Launchings | 8,381 | 23,990 | |
| Feast Vote | 6,072 | 3,185 | |
| Vts/ts//Appeals//Donaffons | 3,195 | 19,108 | |
| 17,648 | 46,283 | ||
| 3c.Other Voluntary | Receipts | ||
| Total | Total | ||
| 2020 | 2019 | ||
| 6 | f | ||
| Ministry's Contribution |
2,233 | 12,127 | |
| Local Fund | 1,068 | 3,921 | |
| Church Hall Fund |
690 | 1,245 | |
| Vows - (Lord's Ministry) | 400 | 290 | |
| Vows - (Branch 8Local | Community) | 1,000 | 4,500 |
| 5,391 | 22,083 |
| 3e.Oth | er INlsc Income | ||
|---|---|---|---|
| Total | Total | ||
| 2020 | 2019 | ||
| Charities | Trust | 120 | 120 |
| Misc | 11 | 87 | |
| Gift Aid | Rectaimed | 9,419 | 0 |
| 9,550 | 207 |
| 4a. Charitable Activities |
4a. Charitable Activities |
||
|---|---|---|---|
| Total | Total | ||
| 2020 | 2019 | ||
| 6 | 6 | ||
| 4a.(1)Evangelism | |||
| Gospel Advancement | 2,000 | 8,202 | |
| Feast ofTabernacles | 2,400 | 2,769 | |
| Freedom Day | 0 | 3,026 | |
| Youth Activity & Youth Assembly | 170 | 3,430 | |
| 4a. (2)Support for Ministry | |||
| Salem City Want | 33,000 | 9,020 | |
| Lord's Ministry Expenses | 2,973 | 44,168 | |
| Other Ministry Expenses | 0 | 180 | |
| Visiting Ministem Expenses |
0 | 1,350 | |
| 4a. (3)Members Welfam |
|||
| Welfare Expenses | 6,321 | 4,856 | |
| Financial Assistance to Members | 1,000 | 2,000 | |
| 4a. (4) Charitable Donations |
|||
| Donations | 3,645 | 35,510 | |
| 51,509 | 114,511 | ||
| 4b. General Overhead | Expenses | ||
| Total | Total | ||
| 2020 | 2019 | ||
| F | 6 | ||
| Building Insurance | 1,379 | 1,350 | |
| Utilities | 11,327 | 9,343 | |
| Repairs &Maintenance |
2,450 | 4,158 | |
| 15,157 | 14,851 | ||
| 5.Debtors | |||
| Total | Total | ||
| 2020 | 2019 | ||
| 6 | 6 | ||
| Gift Aid Reclaimed | 15,266 | 9,419 | |
| 15,266 | 9,419 |