| Contents | Page |
|---|---|
| Reference and Administrative Details |
|
| Report ofTrustees | |
| Trustees Responsibility Statement |
|
| Independent Examiner*s Report |
|
| Statement of Financial Activities | 10 |
| Balance Sheet | |
| Notes to the Financial Statements |
| Note | Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | ||||
| E | 6 | ||||||
| Income: | |||||||
| Tithes 8 Offerings | 3a | 101,293 | 101,293 | 81,618 | |||
| Donations 8 Appeals |
3b | 20,743 | 20,743 | 17,648 | |||
| Other Voluntary | Receipts | 3c | 7,380 | 7,380 | 5,391 | ||
| Other Income | 38 | 15,386 | 15,386 | 9,550 | |||
| 144,802 | 144,802 | 114,207 | |||||
| Total Income | 144,802 | 144,802 | 114,207 | ||||
| Expenditure: | |||||||
| Charitable Activities |
62,226 | 62,226 | 51,509 | ||||
| Mortgage | |||||||
| General Overhead | Expenses | 4s | 34,547 | 34,547 | 15,157 | ||
| Miscellaneous | 269 | 269 | 87 | ||||
| Total Expenses | 97,042 | 97,042 | 66,753 | ||||
| Net Surplus/(Loss) | 47,760 | 47,760 | 47,454 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| F | f | 6 | 6 | ||||
| Fixed assets | |||||||
| Freehold | Building | 560,000 | 560,000 | ||||
| Additions | |||||||
| 560,000 | 560,000 | ||||||
| Current | Assets | ||||||
| Debtors | s | 16,117 | 15,266 | ||||
| Cash at | bank | 169,315 | 125,625 | ||||
| 185,431 | 140,891 | ||||||
| Creditors: | |||||||
| Amounts | falling due | within one year | (164) | (896) | |||
| Creditors: | |||||||
| Amounts | falling due | after one year | |||||
| Net current | |||||||
| assets/(liabilities) | 185,267 | 139,995 | |||||
| Total assets less current liabilities | 745,267 | 699,995 | |||||
| Represented by |
|||||||
| Unrestricted | Fund | 95,214 | 56,545 | ||||
| Restricted | Fund | ||||||
| Reserve | 650,053 | 643,450 | |||||
| 745,267 | 699,995 |
| 3a.Tith | es &Offerings | ||
|---|---|---|---|
| Total | Total | ||
| 2021 | 2020 | ||
| F | |||
| KIngdom | Fund | 73,150 | 60,530 |
| General | Offerings | 17,907 | 15,557 |
| Special | Thanks Offerings | 10,236 | 5,532 |
| 101,293 | 81,618 |
| 3b.Donations &App |
eals | ||
|---|---|---|---|
| Total | Total | ||
| 2021 | 2020 | ||
| F | E | ||
| Launchings | 9,291 | 8,381 | |
| Feast Vote | 4,525 | 6,072 | |
| Visite//ll ppeatsl/Donar(one | 6,927 | 3,195 | |
| 20,743 | 17,648 | ||
| 3c.Other Voluntary | Receipts | ||
| Total | Total | ||
| 2021 | 2020 | ||
| f | f | ||
| Ministry's Contribution |
0 | 2,233 | |
| Local Fund | 4,860 | 1,068 | |
| Church Hall Fund |
670 | 690 | |
| Vows - (Lord's Ministry) | 350 | 400 | |
| Vows —(Branch SLocal | Communttyl | 1,500 | 1,000 |
| 7,380 | 5,391 |
| 3e.Oth | er Nlisc Income | ||
|---|---|---|---|
| Total | Total | ||
| 2021 | 2020 | ||
| 6 | 6 | ||
| Charities | Trust | 120 | 120 |
| Misc | 0 | 11 | |
| Gift Aid | Reclaimed | 15,266 | 9,419 |
| 15,386 | 9,550 |
| 4a. Charitable Activities |
4a. Charitable Activities |
4a. Charitable Activities |
||
|---|---|---|---|---|
| Total | Total | |||
| 2021 | 2020 | |||
| E | ||||
| 4a. (1)Evangelism | ||||
| Gospel Advancement | 205 | 2,000 | ||
| Feast ofTabernacles | 2,183 | 2,400 | ||
| Freedom Day | 2,175 | 0 | ||
| Youth Activity & Youth Assembly | 903 | 170 | ||
| 4a. (2)Support for | Ministry | |||
| Salem City Warri | 38,440 | 33,000 | ||
| Lord's Ministry Expenses | 4,677 | 2,973 | ||
| Other Ministry Expenses | 0 | 0 | ||
| Visiting Ministers Expenses | 1,285 | 0 | ||
| 4a. (3)Members Welfare |
||||
| Welfare Expenses | 459 | 6,321 | ||
| Financial Assistance | to Members | 500 | 1,000 | |
| 4a. (4) Charitable Donations |
||||
| Donations | 11,400 | 3,645 | ||
| 62,221 | 51,509 | |||
| 4b. General Overhead | Expenses | |||
| Total | Total | |||
| 2021 | 2020 | |||
| E | 6 | |||
| Building Insurance | 1,415 | 1,379 | ||
| VtiTities | 6,790 | 11,327 | ||
| Repairs &Maintenance | 26,342 | 2,450 | ||
| 34,547 | 15,157 |
| Total | Total |
|---|---|
| 2021 | 2020 |
| 6 | 6 |
| 16,117 | 15,266 |
| 15,266 |