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|DANIEL FAMOK k ASSOCIATES|
|---|
|ACCOUNTANTS
&FINANCIAL CONSULTANTS|
|UNIT 209,TUDORLEAF BUSINESS CENTRE|
|2-8 FOUNTAYNE ROAD,|
|LONDON|
|N15 4QL|
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|||Notes|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|~2022|~2021|
|INCOMING RESOURCES||1||f.|||
|Incoming ResourcesPom
generated funds|||||||
|Volunta
Income|||||||
|Tithes Collections|||8,813||8,813|10,793|
|Offering Collections|||9,708||9,708|3,303|
|Anniversary
&Special Offerings|||807||807|5,263|
|Building & Members'|welfare donations||56||56|3251|
|HMRC Gift Aid Tax|Reclaim Benefits||6,135||6,135|6,658|
|Total Incoming Resources|||25,51S||25,518|29+68|
|RESOURCES EXPENDED|||||||
|Charitable
Activities|||35,115||35,115|10,635|
|Governance
costs|||1,100||1,100|1,050|
|Total resources expended|||36,215||36,215|11,685|
|NKT MOVEMKNT|IN FUNDS|4|(10,696)||(10,696)|17,583|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought|forward||118,963||118,963|101,380|
|Total funds carried|forward||108,267||108,267|118,963|
|F&IXK9ASSETS||||
|---|---|---|---|
|Tangible Iixed Assets||||
|CURRENT ASSETS||||
|Sundry Debtors
Building Pund investments||105,603|500
100,173|
|Cash atBank and in Hand||2,764|17,704|
|||108,367|118,377|
|LESSCREMTORS:||||
|Amounts
faHing due &vithin one year||400||
|NET CURRE~NT ASSETS|12|107,967|118,077|
|REPRESENTED BV;||||
|Unrestricted
Funds||108,267|118,963|
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|2.CHARITABLE ACTIVITIES|2.CHARITABLE ACTIVITIES||~2022|~2021|
|---|---|---|---|---|
||||f.||
|Pastoral Allowances|||4,600|3,600|
|Evangelism &Overseas Missions|||2,229|1,039|
|Honorarium
&Gifts to visiting ministers||||300|
|Rent and Service Charges|||6,384|560|
|Bank charges and fees|||||
|Members'
Welfare &Supports|||20,960|4,115|
|Printing, Postage and Stationery||||100|
|Travelling &Motor Expenses|||||
|Hospitality,
Re&eshment &Events|||56||
|Donations & Support to charities|||100|200|
|Insurance
Premium||||500|
|Choir, Media, Training & Seminars|||200||
|Volunteers'
Allowances &Expenses|||||
|Equipment
Repair &Renewals|||||
|Depreciation offixed assets|||586|221|
|Telephone &fax|||||
||||35,115|10,635|
|3.GOVERNANCE COSTS|||~2022|~2021|
|Legal and Professional
fees|||700|750|
|Accountancy &Independent
examination||fees|400|300|
||||1,100|1,050|
||||~2022|~2021|
||||20,960|4,115|
|Members'
welfare costs included|expenses|incurred on|the burial programme
ofthe founding||
|father ofthe CGCLT, Rev (Dr) Simeon Ayodeji||Adenigbagbe,|who passed on during the financial year 2022.||
|4. NET MOVEMENT IN FUNDS FORTHE YEAR|~2022|~2021|
|---|---|---|
|The net movement
in funds for the year is stated after charging:|||
|Depreciation oftangible fixed assets- for use by the charity|586|221|
|Accountancy
fee|400|300|
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|6.TANGIBLE FIXED ASSETS|E(}lllPMENT|TOTAL|TOTAL|
|---|---|---|---|
||dE MUSICAL|2 022|2~021|
|Cost: As at 1stJanuary 2022|8,430|8,430|11,930|
|Additions
during the year
As at 31stDecember 2022|8,430|8,430|11,930|
|Depreciation: As at 1stJanuary 2022
Charge for the year
As at 31stDecember 2022|7,544
586
8,130|7,544
586
8,130|10,823
221
11,044|
|Net BookValue As at 31st December 2022|300|300|886|
|Net BookValue As at 31stDecember 2021|886|886|1,107|
|7A. DEBTORS: AMOUNT FALLING DUE WITHIN ONE YEAR|~2022||~2021|
|Sundry Debtors|||500|
||||500|
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|were paid at arms length basis and covers their travelling,
telephone
ex
ofthe gospel.|were paid at arms length basis and covers their travelling,
telephone
ex
ofthe gospel.|were paid at arms length basis and covers their travelling,
telephone
ex
ofthe gospel.|penses and other basic needs as|ministers|
|---|---|---|---|---|
|10.UNRESTRICTED FUNDS OFTHE CHARITY|||Unrestricted|Total|
||||Fund|Fund|
||||2~022|~2021|
|Balance|as at|1stJanuary 2022|118,963|101,380|
|Net movement||in the funds for the year|(10,696)|17,583|
|Balance|as at|31stDecember 2022|108,267|118,963|
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|B|i)Ch g|Total|
|---|---|---|
||Funds|Fund|
||2~022|~2021|
|Balance|as at|1stJanuary 2022|
|---|---|---|
|Net movement||in the funds for the year|
|Balance|as at|31stDecember 2022|
|12.ANALYSIS OFNET ASSETS BETWEEN FUNDS|Unrestricted|Restricted|Total|
|---|---|---|---|
||Funds|Funds|2 022|
|Tangible fixed assets|300||300|
|Net Current Assets|107,967||107,967|
||108,267||108,267|